...PART 1 Company Allocation Ticker symbol | Company | | GICS Sector | GICS Sub Industry | Address of Headquarters | | BEN | Franklin Resources | | Financials | Diversified Financial Services | San Mateo, California | | FCX | Freeport-McMoran Cp & Gld | | Materials | Diversified Metals & Mining | Phoenix, Arizona | | The cost of capital of the aforementioned companies will be discussed in the following questions. The companies will be referred to by their Ticker Symbols henceforth. Question 1 BEN The book value of the company’s liabilities and equity can be deduced from a number of online sources. The US Securities and Exchange Commission (2013) provided the company filings data whereby BEN’s Form 10q, dated 29/07/2013, showed the following (included on page 2 of this report). The book value of long-term debt is $1,252.1 million, and the book value of equity is $10,402.3 million. The schedule of outstanding debt shows that this figure includes $54.5 million of FHLB advances and $1197.6 million of Senior Notes at various effective interest rates. The notes on Stockholders Equity and Non- Redeemable Non-Controlling Interests reveal that Franklin Resources Inc Stockholders Equity totals $9779.8 million whilst the Non- Redeemable Non-Controlling Interests (previously referred to as minority interests) totals $622.5 million. FCX The book value of the company’s liabilities and equity can be deduced from a number of online sources. The US Securities...
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...optimization tools are required to harness their full performance. Technologies such as event-based sampling and expert systems are now augmenting traditional methods of performance analysis based upon profile and call graph tools. Understanding the basics of performance analysis, as well as the current state- of-the-art software optimization technologies, enables developers to pinpoint and implement solutions to application performance issues. One sophisticated processor, the Intel® Pentium® M processor, is growing in embedded application usage due to its high performance and low power utilization. The Intel Pentium M processor features Intel MMX™ and Streaming SIMD Extensions (SSE, SSE2) that enable higher performance through parallel computation. Getting the most out of the processor, however, requires that developers take full advantage of these built-in performance enhancements. Software optimization technology offered by advanced compilers utilizes the enhancements in Intel Pentium M processors in a fashion conducive to embedded development. Compiler technology provides access to these extensions with low development investment while maintaining backward compatibility and minimal code size, two critical challenges in embedded software development. The key to focusing the optimization process, however, is to perform performance analysis. Performance analysis is the study of application performance on hardware with the end goal of understanding issues and recommending enhancements...
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...of New England Foundry In this analysis of New England Foundry we need to make a comparison with each of the models or layouts, the first combined counter with the new mentioned model with separated counters, for the determination of time saved with the new layout and then the amount that could be saved per hour with the same. For the layout with combined counter there is 2 servers with a single waiting line, the queuing model that is being used is the M/M/s, because of this queuing pattern consists of single phase and multiple servers. The arrival rate of 7 (4+3) per hour and service rate of 5per hour, which gives the average time in the system W=0.3922hours or 23.53minutes (refer to Excel) the time taken per trip is as follows: For maintenance people it will be 23.53+6 (walking time taken) =29.53minutes. For molding people 23.53+2= 25.53minutes. For the new layout with separate counters, Bob for the maintenance shop and Pete for pattern shop both of them follow M/M/1 model with single-server and single-waiting line. Bob providing for the maintenance people, serves 6per hour at an arrival rate of 4per hour, giving the average time in the system W=0.50hours or 30minutes(shown in A5) with the time taken for trip is 2minutes 30+2=32minutes, this is an increase of time, 2.47minutes compared with the other layout for maintenance dept. Pete serving the molding people, serves 7per hour at an arrival rate of 3per hour, giving the average time in the...
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...(a) First, determine the Queuing Models 1. Queuing Models Poisson Arrivals Standard (Infinite Queue) Exponential Service Times Single Server (M/M/1) Standard M/M/1 Model P0 = 1 – P (Probability of 0 customer in the system) P (n ≧k ) = ρk (Probability of Pn = P0ρn (Probability of exactly n customers in the system) Ls = λ / ( μ – λ ) (Mean no. of customers in the system) Lq = ρλ / ( μ – λ ) (Mean no. of customers in queue) Lb = λ / ( μ – λ ) (Mean no. of customers in queue for a busy system) Ws = 1 / ( μ – λ ) (Mean time customer spends in the system) Wq = ρ / ( μ – λ ) (Mean time customers spends in the queue) Wb = 1 / ( μ – λ ) (Mean time customers spends in queue for a busy system) Now, in our case, Λ (mean arrival rate) = 15/hr μ (mean service rate per busy server) Old machine’s mean service time= 3mins, 60/3 =20/hr New machine’s mean service time= 2mins, 60/2=30/hr Wq =ρ/ ( μ – λ ) (Mean time customers spends in the queue), Where ρ = λ / μ Old machine: (15/20)/ 20-15 = 0.1 hr = 9mins New machine: (15/30)/ 30-15= 0.03333 hr = 2mins According to the case, the average wage of the people who bring the documents to be copied is $8/hr, If the company rent the old machine and there are 15 arrivals/hr, There total mean time spend in the queue is ( 15 x 9 )mins = 135mins = 2.25hr, The total wage = $8 x 2.25 = $18 If the company rent the new machine and there are 15 arrivals/hr, The total mean time...
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...|Intel’s advertisement | | | | | |The following picture presents the advert of computer CPU | | |Intel Core 2 Duo manufactured by the computer company Intel.| | |The advert appeared in the United States in 2007 and it | | |caused varied reactions. | | |In this analysis, I would like to concentrate on the message| | |directed at potential customers in order to persuade them to| | |buy the new product. | ...
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...The Surrogate Motherhood Controversy POSC 450.001 Senior Seminar October 24, 2009 The Surrogate Motherhood Controversy Introduction “A surrogate mother feels like a flesh covered test tube during the entire experience. As the fetus grows the women is depersonalized and she become fragmented from the whole person –merely a vehicle for breeding babies.” There is a huge controversy of whether surrogate motherhood should be legal. This controversy has started huge debates worldwide. It has brought attention to doctors, sociologists, feminists, historians, and people of different cultures, races, classes and religions. The major overwhelming arguments is that the act of surrogacy should be illegal. The issues and objections surrounding the surrogate motherhood is that it is considered baby selling, finding the legality of its contracts, and the class of people, whether they are rich or poor. The other concerns are the traditional rights of the birth mothers, the psychological impact of these children who are born under these contracts. The purpose of this paper is to introduce, discuss and analyze the controversy of a surrogate mother. The paper will find the reasons of why women want to become surrogate mothers. This paper will examine the different viewpoints that have been in conflict for many years. The paper will reveal how some women chose to become surrogate mothers just for the money and that some do it because they want to help couples who...
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...Ethical and Legal Dilemmas of Surrogacy Christie Blackwell HCA 322 Dr. Nine Bell June 17, 2013 Ethical and Legal Dilemmas of Surrogacy Many individuals have a life plan consisting of college, marriage, and then children. After numerous methods of conception, many couples are still unable to conceive a child. A woman who enters into a contract with a couple, agreeing to carry and birth a child, then hand that child over to the contracted couple, who is often unable to conceive own their own naturally is considered surrogacy (Pozgar, 2012). Surrogacy raises many ethical and legal issues for all parties involved. Is it moral or immoral to enter into an agreement with a woman to birth a child for money? What are the legal rights of the woman conceiving or of the couple? Should the child be aware of the process in which he or she was born? Does the child have rights to access the confidential records of the process? These are a just a few questions that will be addressed throughout this paper. Discussed below is the history of surrogacy, the ethical and legal dilemmas that surround surrogacy, alternative solutions to surrogacy, and the potential effects and future implications of how surrogacy may be addressed. There are two types of surrogacy arrangements to consider. These types of surrogacy are genetic and gestational. Genetic or traditional surrogacy is where the surrogate mother contributes her genetic makeup to the offspring, whereas gestational surrogacy consists...
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...80 percent of the world’s personal computers. Today, it is one of the most valuable brands in the world, with revenues exceeding $37 billion. In the early days, however, Intel microprocessors were known simply by their engineering numbers, such as “80386” or “80486.” Since numbers can’t be trademarked, competitors came out with their own “486” chips and Intel had no way to distinguish itself. Nor could consumers see Intel’s products, buried deep inside their PCs. Thus, Intel had a hard time convincing consumers to pay more for its highperformance products. As a result, Intel created the quintessential ingredientbranding marketing campaign and made history. It chose a name for its latest microprocessor introduction that could be trademarked, Pentium, and launched the “Intel Inside” campaign to build brand awareness of its whole family of microprocessors. This campaign helped move the Intel brand name outside the PC and into the minds of consumers. In order to execute the new brand strategy, it was essential that the computer manufacturers who used Intel processors support the program. Intel gave them significant rebates when they included the Intel logo in their PC ads or when they placed the “Intel Inside” sticker on the outside of their PCs and laptops. The company created several effective and identifiable marketing campaigns in the late 1990s to become a recognizable and well-liked ingredient brand name. The “Bunny People” series featured Intel technicians...
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...4. Application group An application group contains the storage management attributes of and index fields for the data that you load into OnDemand. When you load a report into OnDemand, you must identify the application group where OnDemand will load the index data and store the documents. An application group is a collection of one or more OnDemand applications with common indexing and storage management attributes. You typically group several reports in an application group so that users can access the information contained in the reports with a single query. All of the applications in the application group must be indexed on at least one of the same fields, for example, customer name, account number, and date. 5. Folder A folder is the user’s way to query and retrieve data stored in OnDemand. A folder provides users with a convenient way to find related information stored in OnDemand, regardless of the source of the information or how the data was prepared. A folder allows an administrator to set up a common query screen for several application groups that might use different indexing schemes, so that a user can retrieve the data with a single query. For example, a folder called “Student Information” might contain transcripts, bills, and grades, which represent information stored in different application groups, defined in different applications, and created by different programs. 6. Storage set: A storage set contains one or more storage nodes that can be used by several application...
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...form of surrogacy contracts. In this paper, I will be address the legal and ethical issues involved and other aspects of surrogacy. History of Surrogacy and Case Study Surrogacy was assumed to have been around since the Babylonian times. Alternatively, the most credible records to date allocate managing legal passivity and the public responses during the middle of the 20th century. Surrogacy did not become public in 1976, when Attorney Noel Keane negotiated the first ever surrogacy agreement ("History of surrogacy," 2011). Attorney Noel Keane and Dr. Ringold created the first ever fertility clinic (surrogacy clinic) in the United States. Many laws and regulations were not implemented until the case of Elizabeth Kane and the case of Baby M. Elizabeth Kane was the first woman to enter into a compensated surrogacy agreement in 1980. She was to be compensated with $10,000. She, however, was unwilling to leave the surrogacy...
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...James Guerra Homework #3 September 17, 2012 1. What is the difference between a directory and a file? A directory is another term for folder. Directory’s can have director’s under them Files are basic unit of storage on pc. Collection of related data, operating system runs software program files. User files are opened of viewed by application software. 2. What is the difference between an ASCII file and a binary file? Text files are most often ASCII-encoded. Binary files specially encoded by software program that created the file. Like image files, sound files. 3. Explain what a root directory is. Is the first or top most directory in a hierarchy. It can be related to the root of a tree. 4. What are the default file extensions for the following types of files? ASCII text file ____ASC_______ Microsoft Word file ____DOC_______ Microsoft Excel file ____XLS_______ Microsoft PowerPoint file ___PPT________ Compressed (zipped) file ______ZIP_____ Web page ____HTM_______ 5. What basic type of files have file extensions of .bmp, .gif, or .jpg ? Picture files 6. If you create a new file with the long file name Budget Analysis 2005.html, what would be the short name generated by Windows?Budgetan.htm 7A. What does a checkmark infront of the following setting allow and disallow? Hide extensions for known file types It will only show the file name and hide the extension of the file type from showing. 7B. What does the absence of a checkmark infront of...
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...European Foundation for the Improvement of Living and Working Conditions EMCC case studies Industrial change in the textiles and leather sector: Hennes & Mauritz Company facts Market dynamics and company changes Organisation and the market Employees Virtualisation of the workplace Research and development Contact details Source list EMCC case studies are available in electronic format only Wyattville Road, Loughlinstown, Dublin 18, Ireland. - Tel: (+353 1) 204 31 00 - Fax: 282 42 09 / 282 64 56 email: postmaster@eurofound.eu.int - website: www.eurofound.eu.int Company facts Hennes & Mauritz (H&M) is well known throughout Europe as a highly successful company selling low-priced fashion clothing and accessories. Erling Persson established the company in Sweden in 1947, and today the Persson family is still on the company board. In recent years, Hennes & Mauritz has been very successful, expanding its outlets at a rapid pace. Today it is one of the most important players on the retail fashion textile market. After opening its first store (as Hennes) in Sweden in 1947, the company expanded to the Danish and Norwegian markets in the 1960s and to the British market in 1976. In 1965, following the take-over of Mauritz, the company became Hennes & Mauritz. In 1974 the company was quoted on the Swedish stock exchange. Since then, Hennes & Mauritz has been entering several other European countries at a steady pace, being present in the USA since the year 2000. Today Hennes...
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...[pic] ELC 093 : TERM PAPER “SURROGACY SHOULD BE PROHIBITED WORLDWIDE” MAIZATUL AQIDAH BINTI SABARUDDIN (2015838224) SITI NAJIHAH BINTI MOHAMED HUZAINI (2015858408) LECTURER’S NAME : SIR AHMAD KHAIRULHAZIQ SURROGACY SHOULD BE PROHIBITED WORLDWIDE According to Surrogacy Arrangements Act 1985 Chapter 49, the “surrogate mother” which means a woman who carries a child in pursuance of an agreement can either contribute her genetic material as well as her womb, her uterus, or she can contribute her uterus . There are two main types of surrogacy , gestational surrogacy and traditional surrogacy . Additionally, if the surrogate mother receives compensation beyond the reimbursement of medical and other reasonable expenses, the arrangement is called commercial surrogacy. There are three parties who use surrogacy, mothers who have other issues with their bodies that inhibit infertility, homosexuals and parents who are infertile . Surrogate parenting is highly controversial by its very nature. Nevertheless, surrogate parenting is attracting wide spread attention as a viable alternative for infertile couples intent on having a child. Thus, surrogacy should be prohibited worldwide to prevent from exploitation of women, a form of child trafficking, violates the relationships between families and surrogates face difficult emotional and psychological issues . However, there are cases that support surrogacy. Sam Everingham is the founder of Surrogacy Australia and...
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...Lincoln Heritage Life Insurance SWOT Lincoln Heritage is one of the largest final expense companies in the nation. They been organized in 1963(heritage, 2009), and have 664 million in assets and 4.2 billion of life insurance in force. So you can see that Lincoln heritage have no problem on paying there clams. Lincoln is also an Accredited BBB Business with an A.M. Best Rating of A- (Excellent). Lincoln heritage is true to the founding philosophy, they continue to have a reputation of have great customer service and satisfaction and a peace of mind. They had a vision to set a new bar for prompt, friendly and accurate service in the insurance industry. The following is the SWOT analysis included how in its marketing plan. Strengths Lincoln Heritage has a lot of strengths and a little bit of weakness but I will tell you two major strengths and weakness. One of the best strengths that Lincoln heritage has is having the only insurance company that provides funeral planning. What that mean that they work with a company called the funeral consumer guardian society that prearrange there whole funeral and go into detail like having what type of song you want to be played in your funeral and what type of clothing you want to wear. Another strengths that Lincoln heritage has is that they pay there clams within 24 hours. Like other company they wait a long time to pay their claims because they are looking for thing like the death certificate and other thing that may cause the other insurance...
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...New York Life Insurance Company began in 1845 when, after the foundation was laid for a new enterprise that would come to be known as the New York Life Insurance Company, Elected Secretary Lewis Benton purchased the first policy for $5,000. So began a legacy of security and a commitment to keeping promises reflected still today in our core values. That passion and commitment to protection has continued unabated for nearly two centuries — seeing the nation evolve and events take place affecting the lives of Americans: from the Civil War, to the Johnstown floods in 1889, to the 1929 stock market crash, to Hurricane Katrina in 2005, 9/11, and of course, the recent recession. New York Life Insurance Company is one of the largest mutual life insurance companies in United States, and one of the largest life insurers in the world, with about $287 billion in total assets under management. The company ranks No.71 on the 2011 Fortune 100 list, making it the highest privately held insurance company on that list. In 2007, NYLIC achieved the best possible ratings by the four independent rating companies (Standard & Poor's, AM Best, Moody's and Fitch). In June 2009, the same four rating companies reaffirmed New York Life's "superior" financial strength, which became a selling point in national TV ad campaigns that same year. The company is now one of only three life insurers to hold the highest ratings currently awarded to any life insurer by all four rating agencies (Moody's: Aaa...
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