...Mary Ludwig Hayes McCauly Did you know that Mary Ludwig’s nickname was Molly Pitcher? Mary Ludwig Hayes McCauly was born on October 13, 1754 near Trenton, New Jersey. She later moved to Pennsylvania. Sadly, on January 22, 1832, Mary Ludwig Hayes McCauly was pronounced dead. In this paper you will learn about Molly’s childhood, how she impacted the world, and other fun interesting facts. Mary Ludwig Hayes McCauly, also known as Molly Pitcher, got her nickname for carrying many pitchers full of water to soldiers in need. In this paragraph Mary’s family and childhood will be explained. Mary Ludwig was the daughter of John Georg Ludwig who was a German settler. John was also a butcher in Philadelphia, Pennsylvania. And her mother, Maria Margretha...
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...years of low sales and profit, and, coupled with conservative financial and accounting practices, was far behind the normal growth rate for companies in its industry. Robertson’s 50% control of the market for clamps and vises, along with its good position in the scissors and shears’ $200 million market, let it compliment the diverse holdings of Monmouth. These are attractive attributes of Robertson, but the selling point lies in the distribution network consisting of 2,100 wholesalers and 15,000 retail outlets. The Robertson products are sold in 137 countries worldwide. This avenue to market Monmouth and Robertson products across resources could lead to above average growth and profits. 2. What is the maximum price that Manmouth can afford to pay: a. DCF base: i. WACC 1. Unlevered Equity Beta – 0.725 2. Market Value of Debt - $12m 3. Market Value of Equity - $25,696m 4. Debt/Capital - 32% 5. Levered Equity Beta – 0.86 6. Risk Free Rate – 4.10% 7. MRP – 6% 8. Cost of Equity – 9.28% 9. Cost of Debt – 6.07% on BBB rating 10. Tax Rate - 40% 11. WACC: a. Debt – 31.8% @ 3.64 b. Equity – 68.2% @ 9.28 c. WACC = 7.5 ii. Terminal Value - TY FCF = $4.9m*(1+0)/(0.075-0) = $65.33 iii. FCF: Year 1 Year 2 Year 3 Year 4 0.8 2.4 3.4 4.9+65.33 iv. NPV...
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...He was also a staunch Patriot. His father led land riots against New Jersey royalty in 1747. Brearley ran for New Jersey Governor three times and lost to William Livingston all three times. He was a delegate to the US Constitution who signed the US Constitution on behalf of the state of New Jersey. He was the first Grand Master Mason of New Jersey and he was an Episcopalian. He served in the Continental Army and saw action at Manmouth, Germantown and Brandywine. He also served at Valley Forge with the New Jersey Line as a Lieutenant Colonel. He became the spokesman for the proposition that Law is primary over government and social Institutions. A student of the Enlightenment philosophies and English jurists adopted their idea that a contract existed between an individual and the state. He believed that citizens possessed basic rights encapsulated in common law and the customs of England. His contribution to the Constitutions Convention after he arrived on May 25th was that he was present everyday but two June 28th and July 5th through the signing of the Constitution and he was instrumental in creating the Electoral College. He was the Chief presiding Officer...
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