MidAmerican. Now the main issues are to measure the bid price and future benefits to see that whether this acquisition can fit the criteria of Berkshire – long-term goal of a 15% annual growth rate in intrinsic value. PS: Long-term economic goal is to maximize Berkshire's average annual rate of gain in intrinsic busn value on a per-share basis. We do not measure the economic significance or performance by its size; but by per-share progress. The rate of per-share progress will diminish in the future -
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five years. To find this I took UA’s Cash Flow from Operations and subtracted out its capital expenditures (James Madison University). I then took this number and had it grow yearly by the previously stated growth rate. By doing so I found the intrinsic value per share to equal $5.93 at the end of the six years. This number was found by manipulating the discount rate from 12 to 11%, which I felt was more suiting in comparison to the industry. In general, you want the discount rate used to either
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motivators are usually intrinsic, that is, the motivation strategy appeals to the inner nature of an employee. While money or job security can motivate (extrinsic), meaningful work, achievement, responsibility and growth are better motivators and give a more positive result for a longer length of time.(Robbins, DeCenzo, & Wolter, 2013, p. 206) Each employee is different with different and diverse motivational needs. The commonality of each employee is that we are motivated by intrinsic factors. (Chapman
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Table of Contents 1. Introduction & Methodology Tasked to determine if Treats Inc. is correctly priced, the team first determines the intrinsic value using the Corporate Valuation Model and compares it with the current price. Next, financial ratios of Treats are compared across its peer groups to determine its relative performance in the industry. Lastly, a Sensitivity Analysis is conducted to understand the impact of deviations of assumptions made in the model. 2. Assumptions On top of
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Business Ethics UTALITARIAN What are the most important types of ethical standards to apply in business activities? Utilitarian ethic claims that something is right to the extent it diminishes social costs and increases social benefits. Ethic of rights, closely associated with Kantian duty ethic, claims that one should always consider and respect people’s rights to freedom and well-being. Aristotelian virtue ethic evaluates the moral character of persons or groups. As articulated by Mill and
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Pacemakers 12/04 1-What is a pacemaker? 2- What does “intrinsic” mean? 3- How exactly do pacemakers work on the heart? 4- What are the parts of a pacemaker? 5- Are there different kinds of pacemakers? 6- What is the advantage of two wires over one? 7- How are pacemakers inserted? 8- What do they mean by transvenous, transcutaneous, and transthoracic? 9- How does the generator box work? 10- How long do the implanted batteries last? 11- How much electricity does the
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Financial Markets Lecture 6 Overview Futures, Options, Swaps Financial Derivatives Commodity Derivatives 1 Derivatives – Overview • Financial instrument or security whose payoffs depend on another instrument or security • Price of instrument a derivative of underlying security – Farmer who sows a crop in June, faces uncertainty over the price received at harvest time in September – Merchant/ consumer faces a price in September as well – Farmer, merchant negotiate on a price in June for
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Group Motivation Inventory Xxxxxxx Xxxxx PSY/430 Dr. Denise Land January 7, 2010 Group Motivation Inventory During week four of Team Dynamics for Managers, the completion of a group motivation inventory identified each group member’s motivation toward working with others, goal completion, and dedication. While completing the Group Motivation Inventory, the discovery that a weakness within a group does not necessarily have to be self-induced, but could possibly be induced by factors or
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Portfolio Management Exercise Report 1. Business Model Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and energy markets. It has significant production and assembly facilities in the United States, Europe and Asia, and promotes its products and services through its worldwide locations. The Woodward, Inc is one of the world’s oldest and largest independent designer and supplier of energy control
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……………………………………………………………………………….4 Profitability Indicator Ratios ……………………………………………………………5 Operating Margin ……………………………………………………………………… 5 Gross margin …………………………………………………………………………… 6 Discounted Cash Flow ……………………………………………………………… 7 Compare and contrast the value (intrinsic values) with the current market prices. …….8 Analyze your finding. ………………………………………………………………… 8 References ……………………………………………………………………………… 9 Appendix……………………………….……………………………………………… 10 Yahoo Inc. is a publicly traded company which is American
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