2 Gentry Motors Inc.‚ a producer of turbine generators‚ is in this situation: EBIT _ $4 million; tax rate (T) is 35%; debt outstanding (D) $2 million; kd 10%; ke 15%; shares of stock outstanding (N0) 600‚000; and book value per share $10. Since Gentry’s product market is stable and the company expects no growth‚ all earnings are paid out as dividends. The debt consists of perpetual bonds. a. What are Gentry’s earnings per share (EPS) and its price per share (P0)? b. What is Gentry’s weighted
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almost completely covered by a series of north-south mountain ranges separated by narrow valleys. The Yalu River forms part of the northern border with Manchuria. North Korea has an area of 120‚540 km²‚ of which 120‚410 km² is land and 130 km² is water. It has 1673 km of land boundaries; of these‚ 1416 km are with China‚ 238 km are with South Korea‚ and 19 km are with Russia. The Korean Peninsula extends about 1000 km southward from the northeast Asian continental landmass. The 8460-km coastline of Korea is
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to the people of the present. Here we’ll learn what the Shang Dynasty of China was‚ what they accomplished‚ what problems occurred‚ and finally what became of them. The Shang Dynasty‚ or Yin Dynasty‚ was the first real historic Chinese Dynasty. It existed from around 1766 BC to 1122 BC. Long thought to be only a “Legendary Dynasty”‚ it ruled in the northeastern region of area known as “China Proper”‚ which refers to the lands of China where the Han Chinese were the Majority Ethnic Group
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The Manchus conquered the Ming Dynasty on June 6th‚ 1644 and commenced the Qing Dynasty. This new dynasty implemented many reforms. For instance‚ taxation underwent extensive changes during this dynastic transition. As Ye Mengzhu‚ a former bureaucrat‚ stated in Taxes and Labor Service “Beginning with this dynasty(the Qing) things changed. In the fifth month of 1645‚ an imperial decree was issued to reduce the taxes of the southeast delta area by fifty percent.”(Ebrey‚ 283). A cursory analysis of
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Discuss the advantages and disadvantages of owning a car. Use specific examples. Everything has two sides to it‚ and there is no exception to owning a car. People can name just as many merits of owning a car as demerits of doing it. Apparently‚ convenience is one of the most important benefits that a car owner is looking for when spending huge sums of money for keeping one. Public transportation has developed rapidly in recent years in Vancouver. Yet‚ with the even faster expansion of Greater
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reign over the Chinese empire around the 300BC. At this period‚ the king of the Zhou Dynasty was always the leader of the empire‚ but he could no more make no decision. The dynasty of Qin is one of the briefest but also one of the most important Chinese dynasties. Its administration indeed corresponds to the implementation of the imperial order and opens the way to the powerful dynasty of Han. Towards the end of Zhou Dynasty‚ in this period so-called period "Warring States"‚ it became evident that the
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Owning Exotic Animals Can be Dangerous to Humans and Animals Have you ever wanted to own an exotic‚ or wild‚ animal? Many humans have chosen to try to own exotic animals. Those humans are taking a very high risk or hurting theirself‚ other humans‚ or the animal(s) they have. There are many reasons why owning exotic animals is a bad situation waiting to happen. A few of the reasons are that it is cruel to take the animals out of their natural habitat and into a space smaller than it would have been
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Medieval China’s Tang and Song Dynasties The Tang Dynasty‚ 618-907 AD After the fall of the Han Dynasty‚ China saw much chaos similar to what happened in Europe after the fall of the Roman Empire. Unlike Europe though‚ China was eventually reunited. The Tang Dynasty was the next Chinese Dynasty to unite China for an extended amount of time. Tang Culture The Tang dynasty is known as the "golden age" of Chinese culture. The capital of the Tang Dynasty‚ Chang-an‚ became incredibly
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Zhou Lingxin has been God for many years. He was originally Earth’s number one cultivator and risen to Heaven. However‚ when he thought that that was it‚ it was not. After going through many trials‚ he became God‚ but there was a twist. Earth was only one of many worlds and he was the "God" of Earth. There were many other worlds waiting to be conquered. He received a token that said "Earth". The previous God said‚ "This token represents Earth. I was once a warrior from Earth as well and have risen
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Shang and the Zhou dynasties is generally known as the Bronze Age of China. Bronze‚ used to fashion weapons‚ parts of chariots‚ and ritual vessels‚ played an important role in the material culture of the time. The earliest Chinese bronzes were created by a method known as piece-mold casting. The piece-mold method was most likely the only one used in China until at least the end of the Shang dynasty. The similarities and differences of the bronze creation are apparent as the dynasty changes from
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