1. What do you expect to drive a company’s price-to-book equity and price-to-earnings multiples? PE ratio is expected to be affected by various factors include company earnings‚ payout ratio‚ growth rate and cost of equity. From the dividend discount model we know that P0=EPS0×Payout ratio×(1+gn)r-gn ‚ thus P0EPS0=PE ratio=Payout ratio×(1+gn)r-gn. Thus we see that the PE ratio is an increasing function of the payout ratio and the growth rate and a decreasing function of the riskiness of the firm
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How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwritten and other share issue costs? Generally it is recorded as the asset but as it does not have any economic future benefits to the company and it occurs only once so it should be treated as intangible assets. Under paragraph 69 of AASB 138‚ intangible assets does not allow the initial cost to be treated as an asset which needs to be treated as an expense and should be
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Sony Computer Entertainment Europe Research & Development Division Pitfalls of Object Oriented Programming Tony Albrecht – Technical Consultant Developer Services What I will be covering • A quick look at Object Oriented (OO) programming • A common example • Optimisation of that example • Summary Slide 2 Object Oriented (OO) Programming • What is OO programming? – a programming paradigm that uses "objects" – data structures consisting of datafields and methods together with their
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American West The “American West” is not what many people think of when they hear those words. People think of it as cowboys and Indians fighting on the Great Plains and in the canyons or the travel across rugged terrain traveling as fast as they could for the gold rush. In all honesty the west started as soon as the Americas began to be colonized and many historians say it begins at the Proclamation Line of 1763. They had many struggles with the Native Americans‚ the French trying to take their
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The Decline of the West A. Write an essay in which you analyse and interpret Hanif Kureishi’s short story “The Decline of the West”. Part of your essay must focus on the short story’s point of view and on the title. The western world keeps becoming richer and more focused on materialistic improvement. This happens at the expense of gratitude and respect for fellow human beings‚ and maybe particularly at the expense of a happy family life. In “The Decline of the West”‚ Hanif Kureishi gives an example
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PATRICIA A. SHARPE‚ PHD MPH U MARY L. GREANEY‚ MPH PETER R. LEE‚ MPH * SHERER W. ROYCE‚ MPH Assets-Oriented Community Assessment S Y N 0 P S I S Dr. Sharpe‚ Ms. Greaney‚ and Ms. Royce are with the Prevention Research Center at the University of South Carolina School of Public Health. Dr. Sharpe is Research Associate Determining how to promote community health requires that community health workers first assess where the community stands. The authors maintain that Healthy Communities
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century‚ one of the Four Great Classical Novels was written by Wu Ch’êng-ên‚ Journey to the West: Monkey also sometimes known as just Monkey. The significance of this novel is because the Four Great Classical Novels of Chinese history greatly influenced the development of Chinese literature and culture. The graphic novel‚ American Born Chinese by Gene Luen Yang is directly connected to Journey to the West: Monkey and helps readers better understand the story through a general theme about hybrid identities
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Object-Oriented Programming Paradigm Advantages * Because of the concept of inheritance in OO programming‚ existing codes can be easily modified because new codes can be added with little modifications made. That is to say it is easily extensible and codes can be easily re-used. * OOP provides a clear program structure because the solution to be developed can be broken down into objects and approached as such. This gives room for maintainability of the program because problems would be easy
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Theoretical and Conceptual Approach for Evaluation Business Process Modelling Languages Mohsen Mohammadi‚ Muriati Bt. Mukhtar Theoretical and Conceptual Approach for Evaluation Business Process Modelling Languages 1 Mohsen Mohammadi‚ 2Muriati Bt. Mukhtar Information Science and technology‚ Universiti Kebangsaan Malaysia‚ Bangi‚ 43600‚ Malaysia‚ E-mail:Mohammadi.m54@gmail.com 2 Information Science and technology‚ Universiti Kebangsaan Malaysia‚ Bangi‚ 43600‚ Malaysia‚ E-mail:mm@ftsm
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Between the 1860’s and 1890’s‚ the west of the United States got its name "the Old West" and a reputation of being violent. Now there are many movies‚ books‚ television shows‚ and many other things based on the Old West having: cowboys‚ gunfights‚ rough towns‚ and Indian attacks. Some people may believe that the Old West really was like this‚ but I think the west wasn’t any more violent than other areas of the United States at this time. Less people lived in the west at this time so one murder may be
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