supercritical fluid? 3 Critical temperature (Tc) for any substance is a temperature above which it can no longer exist as a liquid‚ no matter how much pressure is applied. Critical pressure (Pc) is a pressure above which the substance can no longer exist as a gas no matter how high the temperature is raised. A supercritical fluid is any substance that is above its Tc & Pc [critical point]. CRITICAL POINT In other words‚ when a substance is above Tc & Pc‚ it exists in a single phase which is
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management of cultural differences. An essential question facing the management was whether they should adapt ECL’s management practices to the Chinese culture‚ or whether they should instead implement ECL’s global management policies in China. ECL in China tC ECL was a global leader in providing integrated communications solutions and embedded electronic solutions. Established in 1928 by Patrick Wright‚ ECL (formerly known as the Wright Manufacturing Corporation) first produced battery eliminators in Chicago
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SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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1. Hole Foods Donuts‚ Ltd. has generated profits of $2 per share for many years and has consistently paid 100% of those profits to shareholders via a dividend. Investors do not expect Hole Foods Donuts to grow in the future. The company has 200‚000 shares of stock outstanding worth $20 per share. Suppose the firm decides to eliminate its dividend and instead use the money to repurchase shares. A. Assuming that there are no taxes and that the repurchase announcement conveys no new information to
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The debt is trading at 90 percent of par. The yield to maturity is 9 percent. • Equity: 2‚500‚000 shares selling at $42 per share. Assume the expected rate of return on Federated’s stock is 18 percent. • Taxes: Federated’s marginal tax rate is Tc = .35 What are the key assumptions underlying your calculation? For what type of project would Federated’s weighted-average cost of capital be the right discount rate? 2. Suppose Federated Junkyards decides to move to a more conservative debt policy
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questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.No Question Marks Total Marks 1 TCS has emerged as India’s most admired company ahead of Hindustan Unilever‚ ITC‚ and Infosys‚ says global management consultancy Hay Group. TCS replaced last year’s winner group company Tata Steel by scoring highest on parameters such as corporate governance‚ financial soundness‚ and talent management. Two criteria in
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curve(s) does the marginal cost curve intersect at the (their) minimum point? A. Average total cost curve and average variable cost curve B. Average total cost curve C. Average fixed cost curve D. Average variable cost curve 3. For the cost function TC(Q) = 1000 + 14Q + 9Q2 + 3Q3‚ what is the marginal cost of producing the fourth unit of output? A. $295 B. $42 C. $230 D. $116 4. A perfectly competitive firm faces a: A. Perfectly elastic demand function B. Demand function with unitary
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Problem Set 8 1.Your Aunt Imelda is thinking about opening a pub. She estimates that it would cost € 500 000 per year to rent the premises‚ buy a license to serve alcohol and to buy in enough Murphy’s Irish Stout from the brewery. In addition‚ she would have to leave her € 50 000 per year job as an accountant. a) Define opportunity cost. When making a decision between options A and B‚ the opportunity cost of choosing A is what you could have won if you would have chosen option B. That is‚ what
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| | BURBERRY | | | NEXT | | PROFITABILITY | | 2010 | 2009 | | 2010 | 2009 | Net Profit Margin | | 13.3% | 0.8% | | 15.6% | 14.6% | Gross Profit Margin | | 62.8% | 55.4% | | 29.3% | 27.8% | ROCE | | 26.8% | 1.7% | | 56.6% | 45.7% | Asset Turnover | | 2.01 | 2.08 | | 3.64x | 3.12x | Cash Return on Capital Employed | | 66.7% | 41.8% | | 73.4% | 54.9% | GEARING | | 2010 | 2009 | | 2010 | 2009 | Interest Cover | | 27.77x | 1.28x | | 20.97x | 9.44x
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THE TAJ’S PEOPLE PHILOSOPHY AND STAR SYSTEM Do No tC op y HROB - 027 This case was written by P. Mohan Chandran‚ under the direction of Vivek Gupta‚ ICFAI Center for Management Research (ICMR). It is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The case was compiled from published sources. 2003‚ ICFAI Center for Management Research. All rights reserved. No part of this
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