1: CORPORATIONS & FINANCIAL DECISION-MAKING Four Types of Firms US | Four Types of Firms AUS | * Sole proprietorship * Partnership * Limited liability company * Corporation | * Sole traders * Partnerships * Trusts * Companies | Corporations * Legal entity separate from its owners must be legally formed * Ownership represented by shares of stock, sum of which is OE * Tax implications * Double taxation in the US (only concerned with ‘C’ corporations)
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corporations Sole Proprietorship: a business owned by one individual (greatest in number of the forms) Advantages: Easiest to start, least regulated, single owner gets all profits, taxed as personal income Disadvantages: Limited to life of owner, equity capital limited to owner’s personal wealth, unlimited liability, difficult to sell ownership interest Partnership: Similar to sole proprietorship, except the business has more than one owner. Advantages: more capital available
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R S I T Y INORGANIC & ORGANIC CHEMISTRY LABORATORY REPORT | Subject | : Inorganic & Organic Chemistry Laboratory | Lecturer | : Hery Sutanto S.Si | Instructor | : Tabligh Permana S.Si., Dian Sukmayanda S.Si | Faculty/Class | : Life Science/LS 2 A | Date of Experiment | : 11 April 2012 | Date of Lab. Report | : 18 April 2012 | Semester | : 2 | Time of Experiment | : 14.00-17.00 | | | | | | | | | | | | | | | | Experiment: | Principle of
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as work, marriage, adoption, and opportunities that the gay communities have been discriminated against. A Long Way to Equality A Long Way to Equality For decades now women have been fighting for equality in many areas of life. Wethier it was the right to vote, equal opportunity in work environments or just to be treated as equals it has been a fight since at least the late 1700’s. Between the 1700’s early and the1800’s it was under common law that a woman leaving her
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Five Reasons to Discharge Contracts | Contracts are a means to an end, not an end in themselves. They represent a promise to do something or to refrain from doing something. When both parties to a contract fulfill their promises, the contract has served its purpose and is terminated or discharged.However, if one or more of the parties to a contract are unable to perform what they promised and there is no legal excuse for this inability to perform, there is a breach of the contract. There are five
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B. Du Bois gave Washington some opposition as well. Following the Boston riot, Du Bois published “The souls of black folk”. It contained the first formal attack on Washington and his leadership. He states “One hesistates, therefore, to criticize a life which, beginning with so little has done so much. And yet to the time is come when one may speak in all sincerity and utter courtesy of the mistakes and short comings of Mr. Washington’s career, as well as the triumphs.” He agreed with Washington on
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JOURNAL OF APPLIED ECONOMETRICS J. Appl. Econ. 23: 925– 948 (2008) Published online 7 November 2008 in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/jae.1036 ECONOMETRICS OF AUCTIONS BY LEAST SQUARES LEONARDO REZENDE* PUC-Rio, Rio de Janeiro, Brazil; and University of Illinois at Urbana–Champaign, Illinois, USA SUMMARY I investigate using the method of ordinary least squares (OLS) on auction data. I find that for parameterizations of the valuation distribution that are common
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human immunodeficiency virus is a virus, which targets and attacks the immune system. This causes the person to not have the ability to fight off diseases and infections. Without a healthy and fully functioning immune system, the person is at risk for life-threatening diseases. Etiology: As soon as HIV enters the bloodstream, the virus will seek and attack a specific type of white blood cell called the lymphocyte. The cell is called a T-Helper Lymphocyte and it is essential to the functioning of
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ASSAM EARTHQUAKE AND OUR BUILDINGS Md Ali Akbar MOLLICK* Introduction An earthquake of magnitude 8.7 on the Richter Scale (8.1 on the Moment Magnitude Scale) occurred on 12th June 1897 at 5.11pm in the Assam Basin, some 250 kilometers (km) north from Dhaka, 130 km north-west from Sylhet and 70 km north from today's Bangladesh and Indian border. The epicenter was 26o (N) and 91o (E) and focal depth was 32 km. The shaking was felt over an area of 650,000 square-kilometer (sq-km) and destruction
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students. Case study. Phuket Beach Hotel. Valuing Mutually Exclusive Capital Projects. Questions 1. Please asses the economic benefits associated with each of the capital project. What is Initial Outlay? What are the incremental cash flows over the life of the project? What is an appropriate discount rate to use for discounting the cash flows of the project? SN 1 and SN 2 - 40% 2. Are the project comparable based on the standard NPV measure, given that they have unequal lives? What adjustment or
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