Aristotle is praised for naming fortitude‚ First of the cardinal virtues as that without which no other virtue can steadily be practiced; but he might‚ with equal propriety have placed prudence and justice before it. Since without prudence fortitude is mad; without justice it is dangerous. Only a fool or a suicide will jump into a river without making sure about the depths‚ eddies and whirlpools. And even there no one tests the depth of a river with both feet. Rashness has been unhappy parent of
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Look before you leap There is a proverb which is “Every man for himself‚ and the devil takes the hindmost.” It totally reflects the human nature. As a matter of fact‚ Human beings are selfish when they are born. To begin with‚ doing something to harm people but gain benefits to oneself is the most ordinary behavior of selfish. To your curiosity‚ you may want to know what benefits can prompt them to harm people. Obviously‚ money is not an isolated example. In accordance with the monstrous news
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LOOK BEFORE YOU LEAP ESSAY Tapiwa had served his employer faithfully for fifteen years. He had joined the company at the age of twenty and thrived to excel in every task that was given to him. The company rewarded him handsomely. He managed to get married to Tafadzwa after working for five years‚ and they had two beautiful children. The family enjoyed life since they could afford the very basics. Tapiwa drove to work while Tafadzwa stayed at home and took care of the household chores. The economy
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16/07/2010 Degree of leverage • The degree of leverage in a firm is calculated based on various indexes. Leverage:‚ Operating‚ Financial and Total Some common indexes are: Engineering Economy Universidad Tecnológica de Bolívar Ignacio Vélez Pareja Professor http://www.cashflow88.com/ 1.Degree of operating leverage‚ DOL 2.Degree of financial leverage‚ DFL 3.Degree of total leverage‚ DTL http://www.cashflow88.com/decisiones/decisiones.html ivelez@unitecnologica.edu.co
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“ Look before you leap” Meaning:- This idiom means that you should think carefully about the possible results or consequences before doing something. Look before you leap. Consider possible consequences before taking action Story:- Once a fox was roaming around in the dark. Unfortunately‚ he fell into a well. He tried his level best to come out but all in vain. So‚ he had no other alternative but to remain there till the next morning. The next day‚ a goat came that way. She peeped into
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Financial Leverage: Financial leverage is a leverage created with the help of debt component in the capital structure of a company. Higher the debt‚ higher would be the financial leverage because with higher debt comes the higher amount of interest that needs to be paid. Leverage can be both good and bad for a business depending on the situation. If a firm is able to generate a higher return on investment (ROI) than the interest rate it is paying‚ leverage will have its positive effect shareholder’s
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Operating leverage Def. of leverage - The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always bad‚ however; it can increase the shareholders’ return on investment and often there are tax advantages associated with borrowing. Def of operating leverage- a measurement of the degree to
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Leverage Analysis Submitted to:- Prof. Vipin Agarwal Submitted by:- Biplab banerjee(PG-022) Manish Chaurasia(PG-037) Moumita Ghosh(PG-042) Prashant Kumar(PG-054) Leverage Analysis Capital structure decisions aims at determining the types of funds a company should seek to finance its investment opportunity and the preparation in which these funds should be raised. The term capital structure is used to represent the proportionate relationship between the various long-term forms of financing
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Zach Moon Professor Fulmar February 16‚ 2015 English 1101 You Don’t Look Indian The short story “You Don’t Look Indian” is a story of a man who is Indian but throughout his life he is told he isn’t. The reason people don’t believe him is because of his pale skin‚ blue eyes‚ and dark hair. Even the Indians that he was around were thought of to be Mexican. This is due to the ignorance of
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PAUSE: TAKE TIME TO THINK By: jajanina Today’s generation is very modern. high-tech and fast paced. Everything that is happening is so quick. There may be a time you will not notice that your life has changed on a single snap. Everything what people want‚ everything people want to say and everything people do is immediate. Everything people need is just a click away. Without knowing‚ troubles and regrets are also a click away. Many suffer on their own instant decisions and actions without thinking
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