...Shehzad Chowdhury Don Taylor Seminar: Issues in Corp Finance 01/31/2015 Warren Buffet Case This case study talks about Warren Buffets’s Berkshire Hathaway company; initially, it discuses regarding the possible meaning of the alters in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement is for the reason to the truth that the deal formed value for both consumers and suppliers; In addition, Berkshire was extra expanded subsequent to the acquisition. The $2.55 billion gain in Berkshire’s market value of equity oblique that the basic value of PacifiCorp was fine since it cut down within the range of challengers supported on the subsequent result, which is $2.55 billion divided by 312 and 312 again divided by 18 million gives $8.17.Next, Berkshire is keen to give this premium for every share of PacifiCorp 5.1 billion divided by 312.18 million that results $16.30 per share of PacifiCorp $8.17 plus 16.30 equals $24.47. Later, we discover the range of likely values for PacifiCorp in Exhibit 10 as follows: Revenue median of $6.252 Billion, average of $6.584 Billion, EBIT median of $8.775 Billion, average of $9.289 Billion, EBITDA median of $9.023 Billion, average of $9.076 Billion, Net Income median of $7.596 Billion, average of $7.553 Billion, EPS median of $4.277 Billion, and a mean of $4.308 Billion and Book value median of $5.904 Billion, mean of $5.678 Billion. The Question about income; the implied worth of PacifiCorp is giving...
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...EXIT INTERVIEW QUESTIONS 1. Under the adjusted balance method, the book balance and the bank balance are brought to a correct cash balance that must appear on the balance sheet. The credit memos are always added to the book balance and the debit memos are always deducted from the book balance. Book Reconciling Items: Credit Memos – Items not representing deposits credited by the bank to the account of the depositor but not yet recorded by the depositor as cash receipt. They increase the bank balance. Debit Memos - Items not representing checks paid by bank which are charged by the bank to the account of the depositor but not yet recorded by the depositor as cash disbursement. They decrease the bank balance. Errors. Bank Reconciling Items Deposit in Transit, Outstanding Check, Errors 2. Accounting cycle are: 1. Collecting and analyzing data from transactions and events. - develop a chart of accounts as part of setting up your accounting and bookkeeping system. The chart of accounts is an index of all the accounts where the company files its financial information. A source document in an accounting transaction is evidence that the transaction has occurred. It should be recorded as a journal entry as soon as possible. Examples are canceled checks, invoices, purchase orders, and other business documents. 2. Putting transactions into the general journal. - When a small business makes a financial transaction, they make a journal entry in their accounting journal in...
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...The Impact of Noise on Recall of Advertisements Author(s): Bob T. Wu and Stephen J. Newell Source: Journal of Marketing Theory and Practice, Vol. 11, No. 2 (Spring, 2003), pp. 56-65 Published by: Taylor & Francis, Ltd. Stable URL: http://www.jstor.org/stable/40470111 Accessed: 30-11-2015 10:58 UTC REFERENCES Linked references are available on JSTOR for this article: http://www.jstor.org/stable/40470111?seq=1&cid=pdf-reference#references_tab_contents You may need to log in to JSTOR to access the linked references. Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Taylor & Francis, Ltd. is collaborating with JSTOR to digitize, preserve and extend access to Journal of Marketing Theory and Practice. http://www.jstor.org This content downloaded from 27.251.83.10 on Mon, 30 Nov 2015 10:58:27 UTC All use subject to JSTOR Terms and Conditions THE IMPACT OF NOISE ON RECALL OF ADVERTISEMENTS Bob T. Wu BowlingGreenStateUniversity J. Stephen Newell Western MichiganUniversity that referred inmarketing to to and is a literature, hasbeenthe Noise...
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...Over the last 30-40, it has become accepted wisdom that enhancing the position of females is one of the most crucial levers of global development. When females are skilled and can earn their living and control their profits, many positive results follow: infant mortality rate reduces, child health and nutrition enhance, agricultural productivity increases, economies successfully evolve, and cycles of scarcity are broken (Coleman 13). However, the challenges are still strikingly large. In the Middle East, sub-Saharan Africa and South Asia, particularly, persistent gender gaps keep females from being really productive members of society (Coleman 13). Entrenched sex prejudice remains a leading feature of life for the majority of the world’s bottom two billion people, helping sustain the gulf between the most deprived and everyone else on the planet (Coleman 13). Narrowing that gulf requires the involvement of the international major organizations. Not simply does the global private sector have more money than some governments organizations, but it can use crucial leverage with its popular labels and by expanding promises of investment and employment. Some organizations already promote initiatives focused on women as part of their corporate programs (Coleman 13). But the really transformative shift - for global businesses and for females internationally – will happen when the organizations recognize that empowering women positively influences their bottom lines (Coleman 13). The...
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...COINSTAR INC (CSTR) 10-K Annual report pursuant to section 13 and 15(d) Filed on 02/09/2012 Filed Period 12/31/2011 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended: December 31, 2011 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-22555 COINSTAR, INC. (Exact name of registrant as specified in its charter) Delaware 1800 114 Avenue SE, Bellevue, Washington (Address of principal executive offices) (State or other jurisdiction of incorporation or organization) th 94-3156448 (I.R.S. Employer Identification No.) 98004 (Zip Code) Registrant's telephone number, including area code: 425-943-8000 Securities registered pursuant to Section 12(b) of the Act: Common Stock, $0.001 par value Name of each exchange on which registered: The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.: Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities...
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...THE EFFECT OF PLAYING ONLINE GAMES ON PRODUCTIVITY LEVELS An Interactive Qualifying Project Report Submitted to the Faculty Of the WORCESTER POLYTECHNIC INSTITUTE In partial fulfillment of the requirements for the Degree of Bachelor of Science by Michael Anastasia AND Jeremiah Chaplin Date: May 5, 2005 Professor Mark Claypool, Advisor Abstract Playing computer games at work is often discouraged, even though there is evidence that work breaks increases productivity and that computer games can be beneficial. We investigated the effects of computer games, particularly short Internetbased games, on productivity, especially when games are played during short breaks. We conducted two studies simulating work in an office environment, and examined the impact of computer game breaks. Although our investigations proved inconclusive, our methodology can be used for future investigations into this subject. Chapter 1: Introduction 1.1 - Preface Computer games have existed as a major recreational activity since the introduction of Pong in the 1970’s. Since the introduction of the personal computer the availability of electronic entertainment has increased drastically, becoming available in locations where it was previously unaccessible. The sheer number of personal computers in the workplace and presence of games on the World Wide Web have made computer games easily accessible to employee's in the workplace. Like most entertainment, the use of computer games in the workplace is frowned...
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...UNIT 13: MANAGING FINANCIAL PRINCIPLES AND TECHNIQUES Table of Contents Task 1: Applying costs concepts to decision making process 2 1.1Explaining the importance of costs in pricing strategy 2 1.2 Designing costing and pricing system 2 1.3 Recommending proposal 4 Task 2 Application of forecasting techniques 5 2.1 Forecasting Techniques 5 2.2 Sources of Funds for the Expansion of ABZ Ltd 6 Task 3 Participating in the Budgeting Process 10 3.1 Selecting appropriate budgetary targets 10 3.2 Preparing Master Budget 11 3.3 Comparing Actual expenditure and income with master budget 12 3.4 Impact of Lack Budget Monitoring Process Policy 12 4.1 Process in Managing Cost Reduction 14 4.2 Potential for the Use of Activity-Based Costing (ABC) 15 5.1 Applying financial appraisal methods 16 5.2 Evaluating and recommending suitable project 16 5.3 Reporting appropriate strategic investment decision 18 Task 5 Interpreting Financial Statements 18 6.1 Analyzing Financial Statements 18 6.2 Applying Financial ratios 18 6.3 Recommending Strategic portfolio management 20 References 21 Task 1: Applying costs concepts to decision making process 1.1Explaining the importance of costs in pricing strategy Cost can be looked upon as one of the most important elements of the process of taking pricing decisions and implementation of pricing strategies. Particularly, companies that adopt cost based pricing strategy, utilizes manufacturing and production costs...
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...Do Professional Traders Exhibit Loss Realization Aversion? Peter R. Locke * The George Washington University Steven C. Mann ** Texas Christian University November 2000 * Finance Department, School of Business and Public Management, The George Washington University, Washington DC, 20052. plocke@gwu.edu, (202) 994-3669. ** M.J. Neeley School of Business, Texas Christian University. Fort Worth, Texas 76129 S.mann@tcu.edu ; (817) 257-7569. We wish to thank Peter Alonzi, Chris Barry, Rob Battalio, Gerald P. Dwyer, Avner Kalay, Paul Laux, Paula Tkac, Steve Manaster, Arthur Warga, and seminar participants at the 1998 FMA meetings, the 1999 Chicago Board of Trade Spring Research seminar, the 1999 Western Finance meetings, the 1999 Southern Finance meetings, the Commodity Futures Trading Commission, TCU, University of Texas at Dallas, and the First Annual Texas Finance Festival for discussions and comments helpful to the evolution of the paper. Pattarake Sarajoti provided valuable assistance. Mann acknowledges the support of the Charles Tandy American Enterprise Center. A good portion of this work was completed while Locke was on the staff of the U.S. Commodity Futures Trading Commission. However, the views expressed are the authors’ only and do not purport to represent the views of the Commodity Futures Trading Commission or its staff. Do Professional Traders Exhibit Loss Realization Aversion? Abstract Recent evidence (e.g. Odean, 1998a) describes investor behavior...
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...An Accountant's Measurement Primer! A primary function of accountants is to develop, implement, and monitor measures of economic resources, business processes and utilization of resources by such processes. Wide varieties of stakeholders use these measures in making a range of economic decisions about business organizations. Pension fund managers, as do stockholders and financial analysts, use accounting information reported by companies to assess the economic performance of those companies and form expectations of future performance. Production managers use accounting information to estimate the cost of products they produce and thus, the relatively profitability of producing more of some products and less of others. Executives use accounting information to budget economic resources among operating units. Stakeholder decisions generally have in common the objective of allocating scarce economic resources to their most productive uses, whether it is managers allocating organizational resources among subunits (or alliances of organizations) or capital owners allocating their capital among organizations (or portfolios of organizations). Consequently, it is vital for accountants to understand measurement concepts (theories) in order to achieve accounting's measurement objectives. We start with a working definition of measurement. Measurement is the assignment of numerals and other symbols to represent the magnitude of an attribute of a phenomenon. 2 A phenomenon is an object...
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...Contents Abstract 2 1. Introduction 3 1.1 Background of the Study 3 1.2 Problem Statement 5 1.3 Study Objectives 5 1.4 Significance of the Study 6 1.5 Hypotheses 6 2.0 Research Methodology 7 2.1 Research Design 7 2.2 Population and Sample Size 7 2.3 Research Instrument 8 2.4 Variables 9 3.0 Business Strategy 9 4.0 Training in Banks 13 5.0 Data Analysis and Findings 17 5.1 Respondents’ Profile and Frequency Analysis 18 5.2 Descriptive Analysis 22 5.3 Reliability and Validity Analysis 24 5.4 Correlations 27 Conclusion 36 Recommendations 37 References 38 LINKING TRAINING WITH BUSINESS STRATEGY: A STUDY OF MULTINATIONAL ORGANIZATION (BANKS) IN PAKISTAN Shazia Zaman Dr. Nadir Ali Kolachi Abstract Training is one of the key functions of Strategic Human Resource Development and it has a strong influence in steering the organization in the direction of its planned business strategies. However to what extent is training effective and how strongly it contributes in getting the organization aligned with its business strategy is what this study will account for. The linkage between training and business strategy has been built in such a manner that training improves the skill level of employees, enhances their job related knowledge and equips them with the essential elements, which then leads to more focused efforts towards increasing the profitability of the organization.In this study...
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...Economic impacts of Tourism Page # 1 Economic Impacts of Tourism Daniel J. Stynes Businesses and public organizations are increasingly interested in the economic impacts of tourism at national, state, and local levels. One regularly hears claims that tourism supports X jobs in an area or that a festival or special event generated Y million dollars in sales or income in a community. “Multiplier effects” are often cited to capture secondary effects of tourism spending and show the wide range of sectors in a community that may benefit from tourism. Tourism’s economic benefits are touted by the industry for a variety of reasons. Claims of tourism’s economic significance give the industry greater respect among the business community, public officials, and the public in general. This often translates into decisions or public policies that are favorable to tourism. Community support is important for tourism, as it is an activity that affects the entire community. Tourism businesses depend extensively on each other as well as on other businesses, government and residents of the local community. Economic benefits and costs of tourism reach virtually everyone in the region in one way or another. Economic impact analyses provide tangible estimates of these economic interdependencies and a better understanding of the role and importance of tourism in a region’s economy. Tourism activity also involves economic costs, including the direct costs incurred by tourism businesses...
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...An Analysis of Linux Scalability to Many Cores Silas Boyd-Wickizer, Austin T. Clements, Yandong Mao, Aleksey Pesterev, M. Frans Kaashoek, Robert Morris, and Nickolai Zeldovich MIT CSAIL A BSTRACT This paper analyzes the scalability of seven system applications (Exim, memcached, Apache, PostgreSQL, gmake, Psearchy, and MapReduce) running on Linux on a 48core computer. Except for gmake, all applications trigger scalability bottlenecks inside a recent Linux kernel. Using mostly standard parallel programming techniques— this paper introduces one new technique, sloppy counters—these bottlenecks can be removed from the kernel or avoided by changing the applications slightly. Modifying the kernel required in total 3002 lines of code changes. A speculative conclusion from this analysis is that there is no scalability reason to give up on traditional operating system organizations just yet. but the other applications scale poorly, performing much less work per core with 48 cores than with one core. We attempt to understand and fix the scalability problems, by modifying either the applications or the Linux kernel. We then iterate, since fixing one scalability problem usually exposes further ones. The end result for each application is either good scalability on 48 cores, or attribution of non-scalability to a hard-to-fix problem with the application, the Linux kernel, or the underlying hardware. The analysis of whether the kernel design is compatible with scaling rests on the extent to which...
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...Kentucky Fried Chicken KFC is the largest fast-food chain in Malaysia and Brunei, serving world famous Original Recipe fried chicken which contains secret blend of 11 herbs and spices. Apart from serving finger-licking good food, they continuously aim for high quality and are committed to ensure food safety by stringent control to maintain their standards. Products They cook their products well above the minimum temperature recommended by WHO. They have developed standard procedure that would minimize risk of cross contamination between raw and ready-to-eat products. They provide information on the nutritional values of KFC products to assist their customers in planning a wholesome and balanced meal. For frying all of their products, they use non-hydrogenated palm oil that contains insignificant amount of trans fat and it is 100% cholesterol free. They have a team of food technologists constantly experimenting with new flavors and creative concepts to provide more value, choices and healthy options for their customers. Apart from introducing international products into our market, they have also developed some popular local flavors designed to enable their customers to enjoy an exciting dining experience. KENTUCKY FRIED CHICKEN Food, fun & Festivity, this is what KFC is all leading the market since its inception. KFC provides the ultimate chicken meals for a chicken loving nation. Be it colonel sanders secret original recipe chicken or the hot & spicy version...
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...Operating Instructions Proline Promass 83 HART Coriolis Mass Flow Measuring System 6 BA00059D/06/EN/14.12 71197481 Valid as of version V 3.01.XX (Device software) Proline Promass 83 Table of contents Table of contents 1 1.1 1.2 1.3 1.4 1.5 Safety instructions . . . . . . . . . . . . . . . . 5 Designated use . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installation, commissioning and operation . . . . . . . . Operational safety . . . . . . . . . . . . . . . . . . . . . . . . . . Return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Notes on safety conventions and icons . . . . . . . . . . . 5 5 6 6 6 5.2 5.3 2 2.1 Identification . . . . . . . . . . . . . . . . . . . . 7 Device designation . . . . . . . . . . . . . . . . . . . . . . . . . 7 2.1.1 Nameplate of the transmitter . . . . . . . . . . . . 8 2.1.2 Nameplate of the sensor . . . . . . . . . . . . . . . 9 2.1.3 Nameplate for connections . . . . . . . . . . . . 10 Certificates and approvals . . . . . . . . . . . . . . . . . . . 11 Registered trademarks . . . . . . . . . . . . . . . . . . . . . . 11 5.4 2.2 2.3 3 3.1 Installation . . . . . . . . . . . . . . . . . . . . . 12 Incoming acceptance, transport and storage . . . . . . 3.1.1 Incoming acceptance . . . . . . . . . . . . . . . . . 3.1.2 Transport . . . . . . . . . . . . . . . . . . . . . . . . . 3.1.3 Storage . . . . . . . . . . . . . . . . . . . . . . . . . . . Installation conditions ...
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...transmitted by any means. electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher. No patent liability is assumed with respect to the use of the information contained herein. While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions. Neither is any liability assumed for damages resulting from the use of the information contained herein. International Standard Book Number: 0-672-21035-5 Library of Congress Catalog Card Number: 73-90295 Interpretation of the printing code: the rightmost double-digit number of the first column is the year of the book's printing; the rightmost double-digit number of the second column, the number of the book's printing. For example, a printing code of 92-23 shows that the twenty-third printing of the book occurred in 1992. Printed in the United States of America. Preface I don't like to revise books. Correct, yes. Revise, no. So I won't. A book becomes history the instant it appears in print. To tamper with history messes with what others and I were thinking at the time and distorts the way things were, forcing new contexts. With the TTL Cookbook, it is now January 1982, and this book is eight years old. It is also one of the best selling technical paperback classics of all time. And looking around, both nothing has changed and everything has changed. ITL is still the largest and most popular...
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