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book essay format Book Review Sample Essay. 21 September 2006. Book Review for Wuthering High. Having to go to a boarding school and wear a uniform would be traumatic for most teenagers. Add a ban on how to a high school 3 point line, cell phones and music, and it is like the a choir world is ending.
Oddly enough, for write a high application line Miranda Tate, these things become the least of her worries in the 257 page, young adult fiction novel Wuthering High. This novel was written by Cara Lockwood and published by MTV Books. How To Write A Choir Report! Wuthering High is a modern novel that will be examined using a summary of a high school application 3 point line, its mystical plot , an analysis of the dynamic character Miranda, and a discussion of the book#8217;s theme about punishments . The summary of this book#8217;s plot combines the completely modern with mystical elements that make it truly entertaining. The story opens with Miranda trying to downplay the fast resume major discretions, including totaling her dad#8217;s new BMW convertible, that cause her parents to send her to Bard Academy, a boarding school for juvenile delinquents. For a teenage girl who calls Chicago home, Bard Academy#8217;s location on an island off the coast of how to school 3 point line, Maine seems like halfway across the world. As soon as Miranda arrives on resume, the island, she knows something just isn#8217;t right about the school.
The bus driver drives like a maniac and asks her if she has any drugs. The athletic coach drinks out of a flask. Write A High Application Line! There are even security personnel called #8220;Guardians#8221; who are allowed to get physical with students. Things get even stranger when Miranda learns that there was a student that disappeared from Bard several years before, and Miranda becomes positive that this girl#8217;s ghost is haunting her. Over the course of the story, Miranda discovers that there are characters from classic novels, including Heathcliff from the novel Wuthering Heights , running loose around the school. The plot comes to its climax when Miranda and essay vacation for kids her friends uncover the secret of the school. The staff members are all ghosts that died before their time on earth was supposed to be finished. For that, they have been sentenced to school 3 point, serve at Bard for an indeterminate amount of time. Essay Vacation In India! The majority of the how to write a high application line staff is composed of dead authors, and, unfortunately, one of the dead authors is Emily Bront, who has decided to free fictional characters into first, the real world, which could cause both the fictional world and the real world to collapse.
If that weren#8217;t enough, Miranda also learns that she is the descendant of Kate Shaw, an escaped character from Wuthering Heights . Emily is stopped when she enters Wuthering Heights and the book is burned. The main character in a high school line the book, Miranda, proves herself to on summer vacation in india, be very dynamic . One of the most obvious changes in her is how to write a high school application line, that her perspective on school, and Bard in particular, has shifted dramatically. At the beginning of the first of college essays book, Miranda readily admits that she isn#8217;t very focused on write school 3 point, school and claims that life is about balance, so she is justified in focusing more on writing essay, clothes and friends to the point that her grades slip. Write Application! She is completely distraught when she learns that she has to go without her cell phone and her hair dryer; she even tries to run away from the school. By the end of the story, her perspective has completely changed. She is much happier with attending Bard and realizes that the absence of distractions truly does help her focus on studying.
Instead of considering what to write a choir, wear to the next party, she is write a high application 3 point, thinking about scholarships and getting into a good college. On a deeper level, Miranda is dynamic because she has become more self-aware. She is unable to make the connection between the lack of attention from fast resume her parents, who are too concerned with Botox injections and a mid-life crisis, and her desire to write a high school 3 point line, act out and get herself in trouble. Timed! At Bard, Miranda has to write a high 3 point, attend counseling sessions. During her first session, Ms.
W, her dorm mother, teacher, and ware perfect resume counselor, asks Miranda about her family. How To Write Application 3 Point Line! Because her parents are so focused on how to write a choir report, themselves, Miranda is the school line one that generally takes care of herself and memories her little sister. Ms. W points out the fact that Miranda#8217;s tendency to get in trouble may be her way of trying to prove to a high school application 3 point line, her parents that she is still a kid. Due to write a choir, this realization, Miranda begins to accept her parents for who they are and accept the fact that it really isn#8217;t her fault that they act the way they do.
Although it is not directly stated, it appears that by the end of the novel, Miranda#8217;s impulse to act out has lessened from what it was at the beginning of the story. Although there are many themes that can be drawn from Wuthering High , one of the primary themes is that punishments can turn into positive experiences if they are approached with an open mind. Miranda may not have started out her experience at Bard with an open mind, but with the help of write a high application 3 point, her new friends and her teachers, she discovers a range of positives about attending a school for fast resume delinquents that is run by ghosts. Even though Miranda loves her best friends from home, Liz and Cass, she accepts the fact that it is probably good that she can#8217;t spend a lot of time with them anymore because they are a bad influence and increase her chances of getting in trouble. Also, as was previously mentioned, Miranda realizes that being removed from the distractions of home, including her cell phone and how to school line parties, allows her to concentrate on schoolwork and that she doesn#8217;t really mind doing her schoolwork. She seems to have better direction in her life and she has goals beyond dressing well and having a boyfriend. Even her choice in boyfriends improves during her time at Bard.
Prior to being sent there, she briefly dated a guy that had a bad reputation; on a date, he spiked her drink with alcohol. At Bard, she becomes closer to timed, a guy that she knew from her old school, and he genuinely cares about her. Instead of having a date that involves alcohol, they end up having a date where they enjoy eating Pop-Tarts, which are contraband at Bard. All in all, Miranda discovers that her punishment isn#8217;t really that bad after all, and she seems to be happy that she was sent away to Bard. In brief, the book Wuthering High is a story that has a mystical plot , a dynamic character Miranda, and a theme about punishments . For a world where everyone seems to how to a high application line, be concerned with who has the writing prompts biggest and the best of everything, this story demonstrates that sometimes, less really is more. Cell phones do not have to become an extension of one#8217;s arm.
Computers may be helpful, but sometimes a pen and paper can work just as well. All in all, people need to learn to place less value on material things and place more value on how to application, the things that are priceless: friends, family, and a good education.
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Living A Minimum Wage Lifestyle Essays and Research Papers. ? Living and Minimum Wage Paper Jamie Ratzlaff Economics 10-8-11 P.6 It might seam that a living . wage is write a high school application 3 point line, a good idea compared to how to report a minimum wage ; although, the repercussions may cause people to think differently. How To Write A High Application 3 Point. Living wage could cause unemployment to rise, create higher prices causing profits to decrease. If people’s income increases, people will get fired, prices will rise, and profits will decrease. Perfect Resume. Granted, a living wage could improve people’s spending immensely and decrease job turnover;. Economics , Employment , Employment compensation 983 Words | 3 Pages.
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The concept of minimum wage is to ensure that employers do not pay wages below the mandated level. Fast Resume. However this . does not always happen instead this policy ends up hurting these workers and the economy in terms of lower job opportunities. This is because the increase of labor costs keeping all other things constant would eat into the net profits of the company. Therefore in how to a high 3 point line, order to offset the decrease in write report, profits, the need for low skilled labor decreases and companies look for higher productivity. Employment , Labor economics , Minimum wage 982 Words | 3 Pages. I affirm the resolution resolved: Just governments ought to require employers pay a living wage . . I define the write a high school application line, following terms for clarification: Living Wage : ? The idea that the minimum salary should cover the cost of living ? including aspects such as food and shelter Just governments: ? The governing body of a nation, state, or community ( Oxford dictionary) V: Justice. Justice is ware perfect, a best value for this debate because it is present in the resolution.
The purpose of justice is to pr. A Theory of Justice , Employment , Employment compensation 1622 Words | 5 Pages. ? Should We Raise the Minimum Wage to the Average Pay Rate? April Alston Melisa Fennern Sharon Grady Nicole . Huffman Terika White University of how to write school line Phoenix BCOM/275 September 30, 2013 Michelle Maldonado “Should We Raise Minimum Wage to the Federal Average Pay Rate?” On the United States Department of timed writing essay prompts Labor website it states that in 1938 it was decided that a federal minimum wage should be set. When it was set, it was set for the amount of $0.25 an hour.
Now as of 2013. Employment , Inflation , Minimum wage 2004 Words | 6 Pages. Determining minimum wages for workers. Form http://www.fe-bd.com/index.php?ref=MjBfMTBfMTlfMTNfMV85Ml8xODcxMzA= Determining minimum wages for workers Bangladesh . should consider a law for fixation of how to school line minimum wage and perfect establish a permanent wage board which will study productivity and skills of the how to write application line, workers based on expectations and economic condition and other social, political and market environments, writes M S Siddiqui Determination of write wages and salary is one of the most important phases of employee-employer relationship. Write A High Application 3 Point Line. It differs. Basic income , Collective bargaining , Employment 1660 Words | 6 Pages. realize that it’s just the minimum pay. This is just one of many working class citizen’s stories right now living in the United . States, with job cuts people citizens are willing to take whatever jobs are available, to sustain a suitable life style for perfect, them. Today I am going to talk to your briefly about the history of minimum wage , why it should be increased, how it can help the economy , the a high line, benefits of increasing minimum wage , what states have recently increased minimum wage , how the government is. Employment , Employment compensation , Living wage 1789 Words | 6 Pages. Minimum wage must be raised for us to survive in our very modern society.
The minimum wage must be . How To Write A Choir Report. raised today because the cost of living has gone up drastically. Write A High School Line. Education is essential today, and that price tag has increased drastically in the past twenty years as well. On My Childhood. People should not have to fight for equal pay for equal work. How To Write A High Application Line. Companies should be forced to fast resume pay their workers what they deserve, and that is how to application line, more than minimum wage is now. With our new technology and the technology in ware perfect, the future.
Education , Employee benefit , Employment 975 Words | 3 Pages. the minimum wage controversy has been a topic of debate to application 3 point whether it produces positive or negative effects on society. To begin . with, the need for a choir report, a country to have a minimum wage law was stressed by the international labour organization in 1928. Twenty years later, Australia and New Zealand passed the act and how to a high school 3 point we have been using the term “ minimum wage law” ever since. At this point more than 90% of all countries have some kind of minimum wage legislation. Supporters of the minimum wage say that. Economics , Employment , Labor economics 876 Words | 3 Pages. Minimum Wage ; Does It Work? Phillip Fraiser Kaplan University BU-224 Dr.
Heather Luea May 13, 2011 . Early attempts by fast resume, labor unions to create a mandatory minimum wage were ruled unconstitutional by write school 3 point, the U.S. Supreme Court on the grounds that they restricted the worker's right to first of college essays set the price for his own labor. How To Write. This allowed employers to continue exploiting their workers through the Great Depression of the 1930s, when incredible demand for jobs caused wages to writing essay prompts drop even. Employment , Labor economics , Minimum wage 1303 Words | 4 Pages. Advantages of Minimum Wage • Reduce the income gap between poor and rich Minimum wage . helps to school application close the income gap between the rich and poor. How To Write A Choir Report. Although the society still has a significant difference, the minimum wage at how to write a high line, least puts a floor in the gap so it does not develop wider. Essays Childhood Memories. Narrowing this gap is write a high 3 point line, important to maintaining a population with equal freedoms.
In the short term, minimum wage is not effective to timed essay prompts reduce the application 3 point line, income gap between poor and rich. But in the long term. Employment , Labor economics , Minimum wage 827 Words | 4 Pages. Good afternoon every one, the ware resume, business area of how to write a high application 3 point our project is minimum wages , the specific project topic is The Positive Aspects . of Minimum Wage Law. Nowadays, rent, transport fees and electricity bills are all on the rise and grassroots are difficult to essays memories maintain a decent living and have heavy financial burden on family. Also, many people criticize that some employers had more tricks to exploit workers, which drives the salaries of how to write low-skill workers are below $20 per fast resume hour. This is an unfair remuneration. Employment , Employment compensation , Minimum wage 632 Words | 2 Pages. ?Nowadays, the minimum wage legislation has been an increase in very many countries (Exclusivepapers, n.d.).
According to Law Pay . Commission (2006), a minimum wage is the lowest wage that each employee can legally get from an employer in hourly, daily or monthly basis. This is the lowest amount at which workers can sell their labour. By each country independently having their laws, there has different opinions regarding the merits and the demerits of the minimum wage legislation. How To School Application. This essay will. Economics , Employment , Minimum wage 1548 Words | 4 Pages. Persuasive Speech Draft (Minimum Wage) that the minimum wage of essay vacation $7.25 is not sufficient to how to a high application 3 point maintain a comfortable lifestyle . Ware. There is considerable . evidence to show that the current generations comfortable lifestyles require a more luxurious price for standard living . The cost of how to write school 3 point living over the years has dramatically increased due to high consumer demands of products. As that being said, $7.25 is just not enough for on my childhood memories, a happy lifestyle , food, and write a high 3 point line the bills. There are many jobs that dislike or just can't afford paying high wages . Therefore. Economics , Employment , Lifestyle 748 Words | 3 Pages. MINIMUM WAGES ACT, 1948 Background A tripartite Committee Viz., The Committee on Fair Wage was set up in 1948 . to provide guidelines for wage structures in the country. The report of this Committee was a major landmark in the history of formulation of wage policy in perfect resume, India.
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Argument for Increasing Minimum Wage. 2015 Minimum Wage The minimum wage must be raised because the cost of . living has gone up considerably. Timed. Education is essential if one wishes to work, and the cost of education has increased drastically in the past twenty years. Companies should be required to pay workers what they deserve, and that is how to a high 3 point, more than minimum wage is now. With our new technology and the technology in the future work is harder and more complicated. A minimum wage increase would raise the wages of many. Education , Employee benefit , Employment 1006 Words | 4 Pages.
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Nike Inc.: Cost of Capital Essay Sample. In this report we focus on Nike’s Inc. How To? Cost of timed essay, Capital and its financial importance for the company and future investors. The management of Nike Inc. addresses issues both on top-line growth and operating performance. The company’s cost of capital is a critical element in such decisions and it is how to school, important to estimate precisely the weighted average cost of capital (WACC). In our analysis, we examine why WACC is important in decision making and we show how WACC for Nike Inc. is calculated correctly. Also, we calculate the company’s cost of equity using three different models: the Capital Asset Pricing Model (CAPM), the Dividend Discount Model (DDM) and the Earnings Capitalization Model (EPS/ Price), we analyze their advantages and disadvantages and finally we conclude whether or not an investment in Nike is recommended. Our analysis suggests that Nike Inc.’s common stock should be added to the North Point Group’s Mutual Fund Portfolio. I. The Weighted Average Cost of Capital and its Importance for Nike Inc. The Weighted Average Cost of timed writing, Capital (WACC) is the how to write school application 3 point line average of the costs of a company’s sources of financing-debt and equity, each of which is weighted by on summer vacation for kids its respective use in application, the given situation. By taking a weighted average, we can see how much interest the company has to pay for every marginal dollar it finances.
A firm’s WACC is the overall required return on the firm as a whole and, as such, it is often used internally by company directors to determine the economic feasibility of expansionary opportunities and mergers. Also, WACC is the appropriate discount rate to use in stock valuation. II. Calculation of Nike’s WACC. The calculating methodology for Nike’s Inc. Best Lines Of College? WACC seems to be inconsistent with the principles1 that should be followed when estimating this measure.
These are our points of disagreement with the calculations in Exhibit 5: – Calculation of the write 3 point cost of debt by taking the total interest expense for the year 2001 dividing it by on my childhood the company’s average debt balance, which is not appropriate for the WACC estimation. – Use as tax rate the sum of state and how to a high school application statutory taxes instead of the ware perfect resume firm’s marginal tax rate. – Use of the Book Value of equity rather than the market value which is suggested as it gives more precise results. – Calculation of the cost of equity using long time period for risk free rate and risk premium. In order to make our justifications more comprehensive we need the formula for estimating WACC: WACC= Wd*Kd(1-T) + We*Ke. First, we reexamine the cost of debt (Kd) which in this case is the yield to write a high line, maturity (YTM) on the bonds. The YTM is a good estimate for the cost of debt if a company had issued debt in the past and the bonds are publicly traded just as in Nike’s case. Our calculations for Nike’s yield to maturity based on the given data showed that Kd= 7.16%.c1 (See Appendix for of college detailed calculations)
The second variable that should be noted is T or the tax rate. In her calculations, Joanna Cohen added the 3% state taxes to the 35% statutory tax where in WACC calculation the marginal rate should be used. The marginal tax rate generally refers to the “federal income tax that is levied onto the additional dollar earned” and application 3 point usually is about 40%. The weights of the costs, Wd and We, are very important in essays on my childhood, calculating WACC as they show the write a high school application 3 point line company’s capital structure. In calculating that part of the equation, Joanna Cohen used the book values of of college essays, debt and equity where the market values are suggested as they provide more accurate results. As book and market values of application 3 point line, debt and fast resume equity may differ a lot, market values of debt and equity give a closer estimation of the capital structure2. We calculate the enterprise value (P0*#shares outstanding = $11,427.4357m). For debt, the book value gives a close estimation for how to write a high application 3 point line the current value, whereas the same doesn’t hold for the value of equity. Thus, debt is equal to $1,296.6m (current portion of L-T debt + notes payable + L-T debt). In finding the writing essay prompts weights, the previous explanation shows that equity is 88.65% whereas debt is 11.35% unlike Cohen’s calculations, which were based on book values (debt 27% and equity 73%).
There are three ways to calculate the cost of equity (Ke), which we will examine later. In our calculations of how to school line, WACC we use the Capital Asset Pricing Model (CAPM), as it is considered to be the most complete model for estimating the lines of college cost of equity. CAPM Equation is: Ke=Krf+ ?(Km-Krf)c2, where Ke is the cost of equity, ? is beta that measures the tendency of a high 3 point, a stock to best first lines essays, move up and down with the market, Km is the required return of the market, Krf is the risk free rate and (Km – Krf) is equal to the market risk premium. For the Krf (risk free rate), we used the current yield on 10yr bond (5.39) U.S. treasuries, instead of the how to application 3 point 20yr, as the 10yr matches the resume duration of cash flows for the Nike’s investment project (Exhibit 2) and because it is relatively less exposed to unexpected changes in inflation and the liquidity premium when compared to how to 3 point line, the longer 20 yr bond3. For the market risk premium, Km – Krf, we used the arithmetic mean (7.5%). We used the arithmetic mean of historic risk premiums to estimate the current risk premium on ware the assumption that the future will resemble the past regarding the premiums. Write 3 Point Line? If this assumption is perfect resume, reasonable, then the write a high school line annual arithmetic average is the theoretically correct predictor for the next year’s risk premium4.
On the other hand, the geometric average is a better predictor of the risk premium over a longer future interval such as, for the next 20 years. For ? we used the historic average of the writing essay prompts past 6 years (0.8). How To School Application? After we calculate the cost of equity with CAPM (Ke= 11.39%), we plug our results in the given formula of WACC and we get WACC=10.59c3. III. Alternative Methods of Calculating the Cost of Equity. Although, CAPM approach is for kids, considered to how to write a high 3 point, be an accurate and precise estimate of Ke, there are two other models used by those analysts who do not have complete confidence in CAPM. These approaches are the Dividend Discount Model (DDM), which compares dividends forecasted for the next period with the current share price for the firm and then adds the growth rate of the firm and the Earnings Capitalization Model (ECM), which compares forecasted earnings for the next period over the current share price. Vacation For Kids? Our calculations, which are analyzed in the Appendix (c4 and c5 respectively), gave us the following results: Using DDM: Ke= 6.7%
Using ECM: Ke= 9.88% We can see that the how to write a high school line three different methods of calculating the cost of equity produced widely varied estimates. In such situations the financial analyst has to use his/her judgement as to relative merits of each estimate and then choose the estimate which seemed more reasonable under the circumstances. Comparing the already discussed methods, we found that the ware resume main advantage of how to write application 3 point, CAPM approach is that it takes into consideration a company’s market risk as the most relevant risk to stockholders, hence to determine the effect of the new activities and projects of the company on stock price. Timed Essay Prompts? This method can be applied to firms that do not pay dividends as well as new firms, by how to school application line using betas for how to write similar firms (e.g., other firms in the industry). However, with CAPM all our projections are based on historical data onto write, the future, because of the estimate of Beta we use.
Also, CAPM is based on simplifying assumptions about markets, returns and timed writing prompts investor behaviour. The dividend discount model (DDM) is a simple model for valuing equity. How To School Application Line? It is considered to be a good thinking exercise as it forces the how to report investors to begin thinking about different scenarios in relation to how the market is pricing the stock. On the other hand, dividend discount model requires an enormous amount of speculation in trying to forecast future dividends. Meaning that a model is only as good as the assumptions it is based upon. Furthermore, it is quite difficult to establish a proper growth rate, especially when the how to a high 3 point line company’s past growth has been abnormally high or low or there are general economic fluctuations, so the analysts do not project the historic growth rates in perfect, the future. Finally there are no direct adjustments for risk in this method. The earnings capitalization model (ECM) is a simple model and write application 3 point line easy to fast resume, understand.
However, it is write school application 3 point line, considered poor in estimating equity costs for prompts growing firms, so it is used as reasonable only for no growth firms. IV. Is Nike a Good Investment for the time being? The Discounted Cash Flow Analysis (Exhibit 2) showed that at the discount rate of 12%, Nike was overvalued at its current share price of $42.09. However, the sensitivity analysis revealed that Nike was undervalued at discount rates below 11.2%. We estimated WACC, the appropriate discount rate, at how to a high school application 3 point, 10.59% which is less than 11.2%. This shows that Nike is undervalued at the discount rate equal to WACC, which makes Nike a good investment. However, as the North Point Large Cap Fund invests mostly in Fortune 500 companies with an emphasis on value investing we calculated Nike’s Economic Value Added (EVA)c6. Our results give a positive EVA for Nike at $304.5 which means that the company adds to its shareholders’ value. As Nike’s common stock is undervalued and the company has a positive EVA, it should be added to memories, the North Point Large Cap Fund.
1. Mistakes to Avoid when Calculating WACC. Use of the current cost of debt. The relevant pre-tax cost of debt is the interest rate the how to write a high application line firm would pay if it issued debt today. Use of historical average return on stocks with the essays on my current risk free rate. A case could be made either using the historical risk premium or the current one, but it is wrong to a high school 3 point, subtract the current risk free rate from the historical rate of timed writing essay, return on write a high school 3 point the market. Use of book values of debt and timed essay equity to estimate their weights in how to write school line, WACC. Although debt may have close market and book value, the how to write a choir report market value of equity may differ significantly. 2. Adjusting the write application line Cost of Capital for Risk. Nike is ware resume, planning to focus mainly on two projects in the next year: To develop more athletic-show products in mid-priced segment and to push its apparel line which has already done extremely well. It seems that these two projects have different risks: mid-priced athletic shoes could be treated as a “new” product for Nike while apparel is already successful and a high line both projects are in different business segments.
Also, Nike provides plenty of childhood, other products. We can say that the use of multiple costs of capital, especially for the new project, is write line, reasonable. However, we do not have enough data to support such approach. 3. Essays On My Childhood Memories? Estimating the Market Risk Premium for CAPM. The market risk premium RPM=kM – kRF can be estimated either on the basis of ex-post or historical data or on a basis of ea-ante or looking forward data. Although, historic risk premiums are results of a very complete and accurate study (available from Ibbotson Associates) are usually treated with low confidence from the investors. Ex-ante risk premiums use forecasts of the market return and the assumption that markets are in equilibrium. Also, financial services companies publish regularly forecasts on the expected rate of market risk premium. However, there are potential problems as well.
Many consider these forecasts the analysts and not the investors’ expectations-although this probably is not a major problem as many studies have shown-and that there are many financial companies that give different forecasts, so a potential investor needs to take the average from several forecasts. 4. Use of Historical Arithmetic Mean of Risk Premiums. Although we did extended research to find Value Line’s forecasts for the rate of return on the market or the risk premium for how to 3 point 2001, we did not find anything due to essay vacation, limited access on relevant data. We decided to use the arithmetic mean based on the reasons we gave above but we still believe that the use of current values is school application line, better when estimating CAPM. c1. Cost of debt (Kd): As we mentioned is the Yield to Maturity of publicly traded Nike Bonds. (Values inserted in financial calculator) Pmt: 6.75/2= 3.375 (as it pays semiannually) > i* = 3.5813 semiannually, so, I/Y=(i*) * 2 > i: 7.1627% = YTM= Kd= 7.16% c2.
CAPM for Nike’s cost of fast resume, equity. c3. WACC = Wd*Kd(1-T) + We*Ke. = 0.1135 * 7.16% (1-.4) + 0.8865 * 11.39% c4. Dividend Discount Model (DDM) for Nike’s cost of equity (Ke) g = 5.5% (Value Line’s estimation) So, Ke = 0.564/ 42.09 + .055= 6.7% c5. Earnings Capitalization Model (ECM) for Nike’s cost of equity (Ke) Where, E1 = (1+g) * E0 / # of share outstanding.
and g = Retention ratio * ROE. We used this estimation for g, instead of the Value Line’s forecast (5.5%) that we used in DDM, as the earnings and dividends are not expected to have the same growth rate. Nike’s management reiterated as earning growth rates targets above 15%, while dividends are expected to grow 5.5% From the available data we have, Retention Ratio = Retained Earnings / Net Income = 3194.3/ 589.7 = 5.42. ROE = Net Income / Total Shareholders’ Equity = 589.7/ 3494.5= 16.88%
That gives: g=5.42*0.1688=0.914. E1 = (1+g) * E0 / # of share outstanding = [(1+ 0.914)* 589.7 / 271.5] =4.1572. c6. EVA = NOPAT – (Operating Capital*WACC) NOPAT = Operating Income (1 – Tax) = 1,014.2 (1-0.35) = 659.2. Total Operating capital = Net Operating Working Capital + Operating L-T Assets. NOWC = (Cash + Acc. Receivables + Inventories) – (Acc. Payables + Accruals) = (304 + 1,621.4 + 1,424.1) – (432 + 472.1) = $2,445.4.
Operating L-T Assets = $1,618.8. Operating capital = 2,445.4 + 1,618.8 = $3,349.5. So, EVA= 659.2 – (3,349.5*0.1059)= 304.488. Is this the perfect essay for you? Save time and order Nike Inc.: Cost of Capital. essay editing for write a high application 3 point only $13.9 per page. Top grades and quality guaranteed!
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These two are interrelated which is write a high line, why they are done together. Cohesion is how your writing fits together. Does your writing with its ideas and content flow logically? Coherence is how you are making yourself understood and whether the reader of your writing understands what you are saying. An example of bad coherence and a choir cohesion would be as follows: 1 We went to the beach because it was raining. Probably the writer of this sentence does not mean “because” as people don’t usually go to the beach when it is raining. The writer should have written:
2 We went to the beach although it was raining. Sentence 1 has made a cohesion and coherence error (as well as a vocabulary one). “Because” does not join the write application line ideas of the sentence together correctly and, as a result, the reader does not understand what the writer wants to say. Essay Vacation? This is an exaggerated example but it shows what I mean. Write Application 3 Point? Good cohesion and coherence is not noticeable as it allows the writing to be read easily. Good cohesion and coherence also includes good and appropriate paragraph usage. This area looks at the your choice of words. Lines Essays? The marker will look at whether the right words are used and whether they are used at the right time in the right place and in the right way. To get a good mark here, the word choice should not only be accurate but wide ranging, natural and sophisticated. Grammatical Range and Accuracy. Here the examiner will mark your appropriate, flexible and accurate use of grammatical structures. How To A High Line? Many people are worried about their grammar but, as you can see, grammar is only one section of four used to grade your writing.
IELTS is much more interested in communication rather than grammatical accuracy. It is, of course, still part of the marking scheme and important as such. Paragraphing for the IELTS General Training Task 2 Writing. This is essay on summer for kids, a very easy thing to how to write school application 3 point, do but it can have an enormous effect on the clarity of your writing. I have said this for Task 1 but for Task 2 it’s is even more important. In Task 2 you will be writing more and it is on summer vacation for kids, therefore more important to how to 3 point line, divide your writing up into divisions to make it easier to read. Very often people use no paragraphing and the examiner is best first of college, faced with a “sea” of writing with no breaks from start to finish. Write A High 3 Point Line? For me, the best writings are those where there are paragraphs separated by an empty line and also indented. In this way your ideas are separated clearly. It shows and gives organization to write report, your writing and how to a high line makes it more readable.
For Task 2, have a paragraph break after your introduction, and fast resume then for every differing section of your separate ideas with the supporting evidence. Then have a final paragraph for your conclusion. You should aim to have 3 or 4 paragraphs plus the introduction and how to write conclusion. Look at this section on paragraphing. Essay Prompts? It is divided into 5 separate paragraphs dividing the 5 different areas that I want to present to write, you, the reader. The 5 areas are: Paragraph 1 Why paragraphing is important for Task 2. Paragraph 2 How to divide your paragraphing. Paragraph 3 Where your paragraph divisions should occur. Paragraph 4 The division of paragraphs in this section. Paragraph 5 Explaining the write comparison with this section and the one below to show how paragraphing can work.
Below I will repeat paragraphs 1 – 4 of how to school, this section on paragraphing but I am going to remove all the paragraphs and line breaks and make it a “sea of writing” as I said can happen above. Perfect? I hope you feel that this section is easier to understand than the one below!! (By the way, I haven’t used line breaks through this entire tutorial as there would be too many and it would be too confusing). This is a very easy thing to do but it can have an how to write a high application line enormous effect on the clarity of your writing. How To Report? I have said this for Task 1 but for Task 2 it’s is even more important. In Task 2 you will be writing more and it is therefore more important to how to write a high school application line, divide your writing up into perfect, divisions to make it easier to read.
Very often people use no paragraphing and the examiner is faced with a “sea” of writing with no breaks from start to finish. For me, the best writings are those where there are paragraphs separated by an empty line and also indented. In this way your ideas are separated clearly. It shows and gives organization to your writing and write a high school application 3 point makes it more readable. Fast Resume? For Task 2, have a paragraph break after your introduction, and then for every differing section of how to school, your separate ideas with the evidence. Then have a final paragraph for your conclusion.
You should aim to have 3 or 4 paragraphs plus the on my childhood introduction and conclusion. Look at this section on paragraphing. Write Line? It is divided into 4 separate paragraphs dividing the 4 different areas that I want to present to you the reader. The 4 areas are: Paragraph 1: Why paragraphing is important for task 2: Paragraph 2: How to divide your paragraphing. Paragraph 3: Where your paragraph divisions should occur. Paragraph 4: An example to show you how paragraphing works. I hope you feel that the write first section was easier to understand than this second one! Ideas to Think About for the IELTS General Training Task 2 Writing.
The exam paper recommends that you spend about 40 minutes on this question and this is about right. Remember that Task 2 gives more to your final writing band and so you should make sure that you have enough time after Task 1 to properly answer Task 2. Some students do Task 2 first in order to make sure that Task 2 is answered well before they get onto Task 1. There is no problem with this but make sure you write the 150 words to give a good answer for Task 1 as well. So, whatever you decide to do about your approach to Task 1 and Task 2 in the writing paper, make sure that you spend approximately 20 minutes on Task 1 and 40 minutes on how to school application line Task 2. This should give you the resume right amount of time to provide good answers to both tasks. Practice from IELTS practice tests on writing both tasks in under an hour is an 3 point line important part of on my, your preparation for the IELTS exam. Although this sounds very straightforward, people don’t often properly answer the question set and how to write a high application 3 point therefore don’t get the band that they should even if the fast resume writing is very good. First of all read the question very carefully in order to see exactly what it asks you. Very often there will be more than 1 part to the question; sometimes even 3 or 4 parts. When you produce your answer you must answer all the different parts of the question. How much you produce on each part depends on how important you think it is. You have to write a formal academic English essay of the type that would be required for teachers or tertiary education courses.
Formulate and develop an argument and show a personal response. Give your opinions and back them up with evidence and examples. Your answer should persuade, be consistent and develop logically towards a conclusion, which answers all parts of the question. Another important basic is to write at least 250 words. Writing less does not answer the question, which tells you to write at least 250 words. Write A High School 3 Point? If you write less than 250 words, the examiner marking your paper will give you a maximum of 5 for Arguments, Ideas and timed writing prompts Evidence or even less. It is no problem to write more than the 250 words; there is no upward word limit on the essay. Time is your only constraint. Time is your only constraint. Writing more than the minimum under the time limit requires practice on proper questions from write a high school line, IELTS practice tests.
The question wants you to produce an fast resume essay. How To Write A High? Therefore don’t give a list of numbered notes (your paragraphs should not be numbered). Fast Resume? Give the examiner a proper essay with an introduction, a main body with your ideas and evidence and a conclusion, all divided of course with the paragraphing techniques discussed above. Many students that I have taught have regarded writing an essay plan as a waste of time. The only answer I can give is that it depends on how to write school application 3 point line the individual. If you are a good essay writer who can automatically organize your ideas and structure in your head so well that you can produce a good structured essay without planning, then I say that’s it’s fine not to write an essay plan. Also if you’re really short of essay vacation in india, time and you need to get writing on page, then you don’t want to a high application 3 point line, waste time on planning. However, if none of these conditions apply, then 1 or 2 minutes thinking about your ideas and how you are going to present them will not be wasted. I’m not saying that you should spend 10 minutes on how to a choir this. A High School Application 3 Point? Just take a scrap of paper and jot down some ideas that you are going to how to, use in write school application your essay.
Then you can divide the ideas into 3 or 4 paragraphs in a logical order. This shouldn’t take you long and the structure that this will give your essay will be well worth the time that you spend doing it. The above skills do not come easily and it is important that you practice planning with proper IELTS writing questions from IELTS practice tests. First of lines, all, don’t repeat any part of the question in your introduction. This is how to write a high, not your own work and therefore will be disregarded by the examiner and deducted from the word count. You can use individual words but be careful of fast resume, using “chunks” of the question text. Your introduction should first say what you understand by the question. Then give the main issue or issues that you intend to bring into your answer. Don’t go into any detail; you can save that for the later paragraphs. Finally, the write a high 3 point line question often asks you to take up a position over essay an issue.
There is no right answer for how to write a high school application 3 point line putting your views at on summer in india, the start and then explaining this through the essay, or developing your opinion though your essay and application 3 point stating your final stance at the end. I personally like the resume opinion at the start of the essay. How To Write 3 Point? Quickly and clearly answer the question, making your attitude plain. Don’t give any reasons. Again, that’s what the body of your essay is on summer vacation for kids, for. School Application Line? You don’t have to do it this way though.
You can wait until your conclusion to give your position as regards the question. You should aim to have 3 or 4 paragraphs in your answer. This is not exact. You can write more or fewer paragraphs, as your answer requires. Remember you’ve only got about 40 minutes to cover all the for kids in india question areas so don’t be too ambitious and try to write too much.
In the body of your essay you should do several things. You need to examine all parts of the question. Remember there is often more than 1 question contained in write a high application line the essay question text. You need to look at essay vacation for kids in india, all that is asked and look at both sides of every issue. IELTS essay questions usually ask you something which has two or more points of view, and you need to consider both sides of every argument no matter what your opinion is. Look below at how to application line, the example. The question asks whether or not you believe whether societies should use capital punishment. Best First Lines Of College Essays? There are, of course, two points of view: (1) capital punishment should be used and.
(2) capital punishment shouldn’t be used. Let’s say for example that you don’t believe that capital punishment should be used by societies. No matter what point of view you have, you should look at a high school 3 point line, both sides, though naturally your writing will favour the position that you have taken. Give the reasons why you don’t believe in capital punishment but then look at essays on my memories, the opposing view and say why you don’t accept it. How To Write A High School? In this way you will show the reader your powers of analysis when looking at essays memories, such an issue. Don’t forget that when you have finished looking at this issue there is how to write application 3 point, a second part of the question to be analysed too.
As we said earlier, your ideas need to be supported by examples and it is in best lines the body of your essay that they should appear. For every idea that you present try and how to a high application 3 point give an example from your own experience that shows that your idea is right. An example from your own experience means something that you know from best, your life, from your country’s news or history or anything that you have read anywhere. You can actually invent examples if you need as long as they seem realistic and believable. The examiner is probably not going to research anything you write about. The example below should illustrate what we have been discussing here. This doesn’t need to be a long paragraph. School Application 3 Point Line? You need to sum up your points providing a final perspective on your topic. All the conclusion needs is essays on my, three or four strong sentences, which do not need to follow any set formula.
Simply review the main points (being careful not to restate them exactly or repeat all your examples) and briefly describe your feelings about the topic; this provides an answer to all parts of the question. How To Write School Application? An anecdote can also end your essay in a useful way. An Example of the ware resume IELTS General Training Task 2 Writing. It’s very difficult to visualize and write line understand all the things that I have said above. You need to practice with good quality questions from IELTS practice tests. Here I will try and provide you with an example question and then go through the stages of fast resume, thought to show you how to approach an IELTS General Training Writing Task 2 essay. Here is a possible question that would be typical for a Task 2 essay question. “Do you believe that societies ought to enforce capital punishment or Are there alternative forms of punishment that would be better used?” First of all you need to consider the question. What does it ask? Straight away, you can see that it asks 2 things.
It wants to know if you believe that society should use capital punishment (cp) and it also wants to know if you can offer any alternatives to capital punishment. Your answer should give a balanced view of both parts of this question. What is important to realize is that there is no correct answer here. You can present any point of view as long as you can support it. So, in your planning stage you should have a roadmap for the introduction, each paragraph and the conclusion. Here is my brief plan for write school 3 point the essay. What cp is. Where it’s used. (not my country).
Differing opinions. I don’t believe in cp. On My Memories? There are alternative punishments. Inhumane – we shouldn’t sink to the level of a high school line, criminals. We can get convictions wrong; prisoners can be released if there’s an error. Mentally ill.
Examples. Alternative punishments: life means life; hospitals for fast resume criminally insane. Costs more but society has a duty to care. Many countries favour it and they say it works. Prisons too full. Killers deserve nothing less.
Some crimes deserve it. Not my morals though. I don’t agree. We can do other things. Avoid mistakes and make modern society a humane one. The above is a basic plan of how I want to write my essay.
It’s not rigid. How To Write School 3 Point? I can change my ideas and format as I write if I feel I can do better. I can also add things that I’ve forgotten as the essay goes on. It’s normal of course for you to have new, good ideas as you write and the skill is to get them into your essay without upsetting the balance of the memories essay. How do you do this? It’s practice again. You won’t get good at writing essays and adapting your writing well without practice with relevant questions from write a high school 3 point line, quality IELTS practice tests. So, below is an perfect resume example essay using the plan above as a basis.
Example Essay for school application 3 point the IELTS General Training Task 2 Writing. Capital punishment is the killing of a criminal for timed prompts a crime that he has committed. Previously most countries employed this method of a high school application line, punishment but nowadays it is much less widely used. I personally do not believe that societies today should use capital punishment and I also believe that there are alternative punishments that can be used. My main argument against capital punishment is how to write, that I believe we do not have the right to kill another human being regardless of the crime. I don’t believe in the old religious maxim of “an eye for how to write 3 point line an eye.” Modern societies shouldn’t turn to such barbaric punishments.
Another argument against capital punishment is that people can be wrongly convicted and executed. If a man is in prison, he can be released if later proved not guilty. If he is dead, there is nothing that can be done. Fast Resume? In the UK, a group of write school application, supposed terrorists were convicted of murder in Birmingham in how to report the 1970s. They were proved innocent about how to write school application line, 15 years later and released. Best First Lines Essays? If they had been executed, innocent people would have died. There are alternative punishments available. For bad crimes prison life sentences can be given with criminals imprisoned for the rest of school application line, their lives. Also a lot of horrific crimes are committed by people who are mentally sick. These people are not responsible for their actions and timed writing prompts can be kept safely and permanently in secure hospitals. Yes, this costs a lot more but I believe it is the duty of society to do this.
There are arguments for capital punishment. Many people feel its threat stops serious crime and that criminals deserve nothing less. It’s cheaper and keeps the prisons manageable. I can understand this point of view but I cannot agree with it. So, in conclusion, I don’t believe in write 3 point capital punishment, as there are less barbaric alternatives available. We can avoid horrific mistakes and essay for kids make modern society a humane one. Final Comment for the IELTS General Training Task 2 Writing. I hope that this essay shows how to approach the Task 2 question and how to write school illustrates the write ideas that I have written above. Finally I will leave you with the how to write application line message that I always do. To really improve your skills at writing essays, you need to practice.
Get some essay titles from good quality IELTS practice tests, sit down when you get the first lines essays chance, give yourself 40 minutes and write application line write some essays. Timed Essay Prompts? Try and how to a high do it as I have directed with a couple of minutes for fast resume planning, as this will train you to make a better-constructed essay in the long run.