QUESTION 1: Angel plc is a listed industrial business and is considering a major investment. The investment projects team needs an appropriate rate at which to discount the estimated after-tax cash flow for the investment. Following the business’s normal practice‚ this is to be based on the weighted average cost of capital (WACC). Figures‚ relating to long-term financing‚ included in the business’s most recent balance sheet are: £m Ordinary shares of £0.50 each (160 million) 80 Share
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Appalachian Coal Mining believes that it can increase labor productivity and‚ there- fore‚ net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is MC = 40P where P represents a reduction of one unit of pollution in the mines. It also feels that for every unit of pollution reduction the marginal increase in revenue (MR) is MR =1‚000 =10P. How much pollution reduction should Appalachian Coal
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Psychology is commonly defined as ’scientific ’ study of human behaviour and cognitive processes. Broadly speaking the discussion focuses on the different branches of psychology‚ and if they are indeed scientific. However‚ it is integral in this to debate to understand exactly the major features of a science‚ in order to judge if psychology is in fact one. There must be a definable subject matter - this changed from conscious human thought to human and non-human behaviour‚ then to cognitive processes
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1/3/14 What is Positive Economics | What is Normative Economics Positive economics is economics that does not apply objectives to what an economy should be doing or what it “ought to be” doing. It ill describe equilibrium levels at certain prices and quantities but give no opinion on whether that is an appropriate price of quantity‚ It will examine the quantity theory of money and the interest rate while never stating whether an interest rate is good or bad. The “free market” is a system
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Is psychology a science? Psychology being categorised under the name science‚ can often lead to disputes within the field of sciences. Psychology is the observation of behaviour and thought process of the human mind‚ within itself it is a vital source of knowledge‚ such as how biology‚ chemistry and physics provides a source of knowledge that is vital to humans and the environment. Science can be seen as the study of natural behaviours and physical aspects of the world‚ this definition within itself
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MEANING OF MANAGERIAL ECONMICS (M.E) Managerial economics/applied microeconomics can be defined as the use of economic analysis to make business decisions involving the best use of organizations scarce resources/the application of economic theory and the tools of analysis of decision science to examine how an organization can achieve her objectives most efficiently. M.E may also be defined as the study of economic theories‚ logic and methodology‚ which are generally applied to seek solutions
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Q1. In a country‚ the velocity of money is constant. Real GDP grows by 5% per year‚ the money stock by 14% per year‚ and the nominal interest rate is 11 per cent. What is the real interest rate? A.1 The following is provided in the question GDP growth rate (Y)- 5% Money Stock growth rate (M)-14% Nominal Interest Rate- 11% Velocity Of Money- Constant Real Interest Rate = Nominal interest rate - Inflation ...................... Fisher Effect By the quantity equation we have; M .V
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INTERNATIONAL BUSINESS INB 780 (Case Study of Walmart Goes South) MOHD SUKRI BIN YAHYA 2011307109 MOHD IKHWAN BIN AZIZ 2011100565 HAMDAN BIN A.WAHAB 2011986143 EXECUTIVE MASTER IN BUSINESS ADMINISTRATION FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA CAMPUS DUNGUN TERENGGANU Dec 2013 Question 1 How has the implementation of NAFTA affected Walmart’s success in Mexico? The North American Free Trade created in 1994 affected Wal -Mart`s success
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question of whether Psychology can be classed as a Science has been a topic of debate for many years‚ however to truly answer this question it is first important to understand what the term ‘science’ actually means. According to Eysenk and Keane 1990‚ one of the fundamental principles of science is objectivity‚ which is ensured through the use of highly controlled observations in order to verify or falsify a hypothesis. This method is commonly used within the field of psychology‚ particularly within
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“Is Psychology A Science?” PSY 101 There seem to be two ways to look at psychology. Some experts and scholars claim that psychology is without question a science. There are also those that argue it is not an exact science‚ but rather concepts of common sense in a well arranged package. In this essay‚ I will attempt to argue both sides of the debate and conclude with my own stance on this hotly contested issue. Psychology can be defined as the scientific study of the human mind and it’s functions
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