In my Midland 101 class, I have found many things meaningful to me. In particular, the thing I found the most meaningful to me was finding out that I am an aural learner. Being an aural learner means that I like to work with sound and music. To implement the aural learning strategy, I should use sound, rhyme, and music in my learning, while focusing on aural content in my association and visualization. Now that I know I am aural learner, I can be more efficient with my time. In class, we have discussed
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Problem in the current web site of Midland bank The first problem that I found in Midland bank’s web site is that it’s a full of unnecessary images and the images sizes are very large. These images are just capturing the whole pages that create bad effect of the pages. For example , this picture doesn’t mean any effective sense here rather it just reduce the sizes of take proper information on the page. These pictures also increasing the page loaded time and it is hamper for any web site and customers
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Annual Financial Statements of Nestlé Pakistan Ltd. 03 04 06 07 08 08 09 Auditors» report to the members Balance sheet Profit and loss account Cash flow statement Statement of changes in equity Statement of recognized income and expenses Notes to the financial statements 1 2 AUDITORS» REPORT TO THE MEMBERS We have audited the annexed balance sheet of Nestlé Pakistan Limited (≈the Company∆) as at 31 December 2006 and the related profit and loss account, cash flow statement
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Cost of Capital Estimate for Midland Energy Resources, Inc. In the first section of my report, I list out the main models and methods applied to estimate the cost of capital for Midland’s three divisions, general assumptions made and the corresponding justifications. In the second section, Calculations, I not only compute the cost of capital based on the general assumptions previously made, but also discuss specifics of each division and the additional adjustments or assumptions made to justify
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impose its will on individuals is rather limited absent a large state apparatus capable of enforcing that will. Wal-Mart doesn’t have police agents able to prevent competition. But politicians can rig markets to prevent competition. Archer Daniels Midland can’t force you to buy their ethanol. But they can buy off politicians who pass laws forcing you to buy the ethanol, and, for good measure, pass laws handing some of you tax monies over to ADM in the form of subsidies for doing so. (Smith, 1759) says
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Question III: Should Midland use a single corporate hurdle rate for evaluating investment opportunities in all of its divisions? Why or why not? It depends on what kind of investment opportunity is proposed. If it is an investment that affects the company as a whole on the corporate level then they should use a corporate rate. If it is an investment that applies only to specific divisions then that division’s hurdle rate should be used. Using a corporate rate for division specific investments
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Midland Energy Resources, Inc.: Cost of Capital Analysis TABLE OF CONTENTS I. EXECUTIVE SUMMARY ........................................................................................ 2 II. COMPONENT ESTIMATIONS ............................................................................... 2 1. Effective Tax Rate - t ............................................................................................. 2 2. Capital Structure – D/E ..............................................
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BRIEF INFORMATION ABOUT MIDLAND ENERGY RESOURCES Midland Energy Resources was a global energy company with operations in oil and gas exploration and production (E&P), refining and marketing (R&M), and petrochemicals. It had been incorporated more than 120 years and had more than 80,000 employees in 2007. Its consolidated operating revenue, operating income and total assets were $248.5 billion, $42.2 billion and $262.4 billion respectively in 2006. Midland’s E&P division operated in all parts of
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domain. Eminent domain is a power of the government to take land for public use. Under an agreement with the town of Monroe, North Carolina, the town of Midland began to acquire the rights of way to local land for the installation of a natural gas pipeline. Under the agreement, Midland could—if it chose—tap the line at a discounted price. Midland used its eminent domain authority to condemn the property. Fifteen property owners challenged the action in a North Carolina state court. The court ruled
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To find the corporate cost of capital for Midland Energy Resources we will need to find the cost of capital of the three divisions within the company. The formula for WACC is: WACC=rd * (D/V) * (1-t) + re * (E/V) where, rd= Cost of debt re= Cost of equity D= Market value of debt E= Market value of equity V= D+E= Value of the company (or division) T= Tax rate To calculate the cost of debt (rd) for each division we will use the data in the case by adding the premium over the US treasury securities
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