Ukraine is rich in natural resources: coal‚ iron ore‚ manganese‚ nickel and uranium‚ and others. The reserves of sulfur are the largest in the world‚ the reserves of mercury ore are the second largest. Also more than 5% of world reserves of iron ore are concentrated in Ukraine. There are oil and gas deposits but their reserves are not significant (the reserves of these fossil fuels were partly depleted during the Soviet period). Coal is the main fossil fuel of Ukraine. It is mined in the Donetsk
Premium Coal Mining Natural gas
Air It is an inexhaustible natural resource. It is very essential for the survival of all the living organisms on earth. In atmosphere‚ about 95% of the total air is present up to a height of 20 km above the earth’s surface. The remaining 5% of air is present up to a height of about 280 km. Air is a mixture of different gases; nitrogen and oxygen are the major components. Thus‚ total volume of air present in atmosphere consists of 78% nitrogen 21% oxygen and remaining 1% is made up of other gases
Premium Atmosphere Oxygen Sun
Introduction to Business Team Project: Canadian Natural Resources Limited Course Number: 04-75-100 Course Title: Introduction to Business Professor’s Name: Mr. Tony Mao Student’s Names: Daniel Pineau-103696836‚ Kate Stasiak-103137566‚ Quinton Rossini-103137500‚ Rajpal Sohi-103657079‚ Matthew Reid-103177436 Date Submitted: Wednesday‚ November 30‚ 2011 Executive Summary Canadian Natural Resources Limited‚ incorporated on November 7‚ 1973‚ is an "independent energy company engaged in the
Premium Petroleum
Janet Mortensen‚ senior vice president of project finance at Midland Energy Resources‚ is in the process of preparing her annual cost of capital estimates for Midland and each of its three divisions (oil and gas exploration and production (E&P)‚ refining and marketing (R&M)‚ and petrochemicals). These estimates are used in many analyses within Midland‚ including capital budgeting decisions‚ financial accounting‚ performance appraisals‚ M&A proposals‚ and stock repurchase decisions. There has been
Premium Finance Investment Weighted average cost of capital
Essay Writing Category 4 (Individual): Essay Writing Age Group: Grades: 7- Grade 9 Topic: ‘Development of Renewable Energy Sources in the UAE’ As part of Language/Writing Class‚ ask your students to write an essay on the above topic. Did You Know? · The UAE is the first hydrocarbon country in the world to begin investing in renewable energy. · MASDAR City‚ in Abu Dhabi‚ is an emerging clean-technology cluster located in what aims to be one of the World’s
Premium United Arab Emirates Writing Renewable energy
Midland Energy Resources 1. For what purposes does Mortensen estimate Midland’s cost of capital? What would be the potential consequences of a too high estimate compared to the firm’s “true” cost of capital? What about a too low estimate? Estimates of the cost of capital were used in many analyses within Midland‚ including asset appraisals for both capital budgeting and financial accounting‚ performance assessments‚ M&A proposals‚ and stock repurchase decisions. Moreover‚ depending
Premium Investment Weighted average cost of capital Net present value
Summary: Water pollution remains one of the most visible and persistent signs of our impact on the natural world. Cleanup of some older pollutants has been offset by new contaminants that threaten freshwater ecosystems and foul our drinking water. The sight and smell of grossly polluted waterways provided some of the original impetus to the environmental movement in the 1970s. Nearly a century before that‚ the dangers of polluted water to human health drove what became known as the "sanitary
Premium Water pollution Sewage treatment Water
Answer Case Study 2 Midland Energy Resources (as a whole company) According to the article‚ the beta of Midland Energy is 1.25. beta=1.25 cost of equity re = rf + beta * (EMRPs) EMRPs = 5.0% We assume that the company will run for next 30years‚ so the rate of risk free is 4.98% rf = 4.98% Cost of Equity: rE = rf + beta * (EMRPs) = 4.98% + 1.25 * 5% = 11.23% Market Value of Equity = $134114m (Exhibit 5) Cost of Debt 30years‚ rD = rf + spread to treasury = 4.98% + 1.62% = 6.60% Market
Premium Mathematics Financial markets Balance sheet
Midland Energy Resources Midland Energy Resources is a fully integrated energy company with operations in E&P‚ Refining & Marketing (R&M) and Petrochemicals. Capital budgeting at Midland is done using discounted cash flow method and weighted average cost of capital (rwacc). Corporate Weighted Average Cost of Capital‚ rwacc The primary use of the corporate rwacc is valuation (TV=FCF/(rwacc-g)). While the rwacc may be used for evaluating internal projects‚ the usage will be incorrect owing to the
Premium Net present value Weighted average cost of capital Cash flow
does Midland determine that shares are undervalues? Midland Energy Resources determine that the shares are undervalued with a comparing from the intrinsic value of the shares and the actual stock price. The intrinsic value can be computed with the fundamental value of the enterprise minus the market value of debts divided per the number of shares outstanding. For calculate the fundamental value of the enterprise‚ Midland Energy Resources has to sum up all discounted future net cash flows of the firm
Premium Stock market Stock