A-3 (Coverage ratio) The firm in the two preceding problems also had $6 million of principal repayments during the latest 12 months. Its marginal tax rate is 40%. Calculate the debt service coverage ratio. Debt-Service Coverage Ratio = (EBIT + 1/3 Rentals) / (Interest Expense + 1/3 Rentals + Principal Repayments / (1 - T)) = ($30 + $15 / 3) / ($10 + $15 / 3 + $6 / (1 - 0.40)) = 1.40 A-4 (WACC with rebalancing) Nathan’s Catering is a gourmet catering service located in Southampton‚ New York
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in the Jet Blue case was former CEO David Neeleman. He was the person who started Jet Blue and formed it to become a low cost airline provider‚ providing luxury and comfort and destinations to various cities at a low affordable cost. He understood how to cut cost and keep operating expenses low‚ and as a result Jet Blue had rapid expansion and flew to 53 destinations in 21 states‚ including Mexico‚ Puerto Rico‚ and the Caribbean. Up until 2007‚ when David Barger took over‚ Neeleman made Jet Blue prosperous
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essay based on this week’s assignment answering two question and quoting three main points from page 94. 1) Identify what you consider to be potentially unethical. Why do you think it is not ethical? It doesn’t matter if he doesn’t have time to right it his self. He has no right asking the secretary to do it for him. 2) Using the three ethics check questions on page 94 of the Understanding Business text‚ describe how you would handle this situation. Though there is sometimes a difference between
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Assignment: Problem-Solving Simulation How did you interpret the problem? When I was interpreting the problem I was trying to look at the whole picture. When in all reality I should have been breaking down the problem into sections so I could concentrate on the issue at hand. I will have to admit that shook my head allot over this because it was hard to look outside the box‚ as one might want to say. The goal was to get all three animals to the other side of the river without any of them being
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Handout Cases on Revenue Recognition CASE 1 The Sea-Soft Water Company distributes its water softeners to dealers upon their request. The contract agreement with the dealers is that they may have 90 days to sell and pay for the softeners. Until the 90-day period is over‚ any softeners may be returned at the dealer’s expense and with no further obligations on the dealer’s part. If the water softeners are damaged while in the hands of a dealer‚ Sea-Soft agrees to accept the return of the
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One-Page Play Script (Carter and Jackson are on horseback looking for a water source) Carter This way! It will take us straight to the river my pops was talkin’ about! Jackson Are you crazy you fool? That route will only get us more lost in the woods‚ and I’m afraid we might not make it out! Carter But I believe pops knew what he was talkin’ ’bout. He’s traveled around here many times before‚ he knows more than you do! Jackson I ain’t sayin’ I know more than pop does but I do have a
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Kinko`s Copier Store 1.) The general operational standards can be developed and implemented in all or in a majority of Kinko`s shops. In fact‚ general operational standards are guidelines and directions for defined activities‚ which Kinko`s employees have to meet and provide during printing operations. It helps be sure in the product’s quality‚ which Kinko produces for their customers. Kinko`s is service-oriented company‚ it has lower degree of labor intensity and higher degree of customer interaction
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What specific challenges did Copy General face in Eastern and Central Europe? Starting a new business from another country will have some general Challenges faced as follows: 1.Language barriers 2.Cultural diversity 3.Ethical problems and concerns 4.Political and economical conditions 5.Methods of doing business 6.Strategy formulation and implementation 7.Labor relation and industrial democracy 8.Adaptations to new trend and technology Copy General also faced some specific
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JOhnson beverage inc | Johnson Beverage Inc | Case Analysis | | Holly Redden‚ Claudia Nunez | 11/7/2012 | An in depth analysis of the current costing methods used by the beverage distribution company‚ Johnson Beverage Inc. | Table of Contents: Executive Summary…………………………………………………………………………………………………………………………………1 Problem Statement………………………………………………………………………………………………………………………………...1 Analysis …………………………………………………………………………………………………………………………………………………..1 Impact Analysis ………….…………………………………………………………………………………………………………………………
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Assessment IDEAS: Mentor Text/Read Aloud: “Thank you‚ M’am” (PH TE) p.387 Student Text: “The Curfew Question” (RC) p.64 Mentor Text/Read Aloud: “The Trouble with Television” PH TE p.558 Student Text: “Net Smarts” p. 92 Additional Mentor Texts/Read Aloud for IDEAS: “The Story Teller” PH TE p. 395 and “The Drummer Boys of Shiloh” PH TE p.200 ORGANIZATION: Mentor Text/Read Aloud: “Baseball” (PH TE) p.478
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