... that thecostofcapitalofthe firm depends on four factors: the risk free rate, the aggregate risk tolerance ofthe market, the expected cash flow ofthe firm, and the covariance ofthe firm’s ... links the disclosure of accounting information to thecostof capital. Specifically, we examine whether and how the quality of a firm’s accounting information manifests in its costof capital, ... Again, the impact of the indirect effects on thecostofcapital is ambiguous. As above, if improved disclosure shifts only the “fixed” component of managerial misappropriation, firms’ costof capital...
... power.12And for the most part, the initiators of totalitarian rulepursued their aims in the name of some grand moral imperative – the Aryan domination ofthe sub-human races ofthe world or the Wnalestablishment ... see in the case of Mandela).On the other hand, the separation between personal and institutionalmoral capital can work the other way. There are occasions (as we shall seein our study of Lincoln) ... themselves, at the very least in the eyes of their supporters,as legitimate interests, arguing not just the contingent existence of theirdesires but the rightness and justness of their claims...
... reliability of servicesCASE STUDYMANAGING CAPITALTHROUGH SPACE SAVINGSAt the heart ofthe EDF is ADC’s Glide Cable Management system. These cable management troughs bolt onto the side of standard ... because each panel has RJ45 connectors on the front and rear ofthe panel. Added benefits included the ability to quickly connect Ethernet switches to the network, improved designation labeling ... CentersLowering theCostof OwnershipCHALLENGEA wireless service provider sought to minimize both capital and operating expenses by redesigning its data centers. Major network elements chosen for the...
... sponsored by the Office ofthe Secretary of Defense, the Joint Staff, the Unified Combatant Commands, the Department ofthe Navy, the Marine Corps, the defense agencies, and the defense Intelligence ... Algebraically, it isCost Cost 211, (1.1)where Cost 2 is thecost at time period 2 Cost 1 is thecost at time period 1.If, for example, Cost 2 is $5 and Cost 1 is $4, then thecost increase is ... (excluding thecostof nuclear refueling) for the 2006–2035 time frame.Regardless ofthe top line budget number, there will be a steady decline in the real purchasing power ofthe Navy as ship costs...
... include thecostof the accrual of certain future benefits and costs. Using a range of accrual rates for these cost elements of between 20 and 40 percent, a very crude estimate of their costs ... agencies. We also analyze the fairly crude estimates ofthecost of a military person-year that result from the application of these data. We then present the official DoD costs of military person-years ... as revenue by the Department ofthe Treasury. From the standpoint of the FG, accrual is therefore not a cost at all but rather an intragovern-mental transfer payment the movement of money from...
... because of rounding.10 Why Has theCostof Fixed-Wing Aircraft Risen? rateYear Year Cost Cost= ()21211 , (2.1)where Costt2 is thecost at Year2, andCostt1 is thecost ... approach fits the natural logarithm ofcost (the dependent variable) as a function ofthe fiscal year (the independent variable). e annual rate is the exponential ofthe coefficient for the fiscal ... development cost growth and determine the magnitude ofcost growth and show cost growth trends for the past three decades.iv Why Has theCostof Fixed-Wing Aircraft Risen?retary of Defense, the Joint...
... in thecapitalcostofthe facility. This makes thecapital costs lower than the $1.25-$1.50 noted earlier. The total capital investment has been developed from the equipment costs through the use ... and their cost included in the utility cost section ofthe operating costs. The steam cost was based on the capital and operating costs of a gas-fired boiler, which includes natural gas cost. 5) ... plants are built.For the lignocellulose process, elimination of some ofthe capital- intensive areas, through purchase ofthe materials, could significantly reduce thecapital cost. For example,...
... ofthe problems they face. Once they measure the problem, they can track it and gauge their own progress, and set and achieve benchmarks for themselves and the programs they support. The ... between the ages of 1 and 18 in the United States. The problem is critical for these kids, for whom the consequences of a “simple cavity” can escalate through their childhoods and well into their ... 33 states and the District of Columbia a grade of C or below because they met half or fewer ofthe benchmarks—that is, either they did not have particular policies in place, or their policies...
... feedback, the purpose ofthe conceptual model, some background of the research that lead to the development ofthe model, and key 11852 Afr. J. Bus. Manage. Figure 5. Trend of project ... customer satisfaction (Kirsilä et al., 2007). By these definitions, and due to the importance ofthe role of project management in the success of projects, the authors consider related department ... experience. The interviews were conducted via video conferencing. The duration ofthe interviews lasted between 50 min to 1 h. The participants were given an explanation regarding the purpose of the...
... The level of permanent working capital depends on the business cycle as well as the growth of a firm.Temporary working capital is the excess of working capital over the permanent working capital. ... Companies about influence of working capital management on firms’ profitability. 1.4 Hypotheses ofthe study The aim of this study is to understand the impact of working capital management on companies’ ... present the limitations ofthe study, future research directions.5.1 Conclusions The object of this study is to examine the impact of working capital management on firms’ profitability. The researcher...
... some of their own capital when extending credit. Since borrowers do not fully internalize thecostofraising capital, the level ofcapital demanded by market participants may be above the one ... targets. The section also considers Tier 1 capital and banks that are close to the regulatory minimum level of capital. In Section 7 we offer a number of conjectures about theories of bank capital ... regulator, even when capital is a relatively costly source of funds. As in Diamond and Rajan (2000), thecapital structure of banks is then largely determined by the asset side of their balance sheet...
... for the steady state of the model to match the average ratio of M1 to M2. The share ofcapital in the pro duction function of intermediate-good producers, θk, isset to the standard value of ... 2008).15 The bank capital- asset ratio is the sum of tier1 and tier2 capital, over risk-weighted assets. tier1 capital is the sum of equity capital and published reserves from post-tax retained earnings; ... to the banking sector The previous subsection analyzes how the banking sector, throughthe dynamics of bank capital, affects the transmission of shocks. In recent years, however, episodes of increasedvolatility...
... the feature of economy of scale, the expression of design¯ow-rate with exponent is needed in the model. The value indicates economy of scale if the exponent isless than 0 in these average cost ... Regardless ofthe type of the data, the vagueness ofthe fuzzy linearFigure A1. Fuzzy set of parameter A: A approximates a.404 H W. Chen and N B. ChangTable 7. The comparative study of secondary ... estimation. On the other hand, the impact of three outliers included in the database of industrial wastewater treatment plants could bein¯uential in thecost estimation when using the LS model. The modi®ed...
... to diabetes. The indirect costs capture the economic costs of diabetes that occur outside the healthcare system. These costs represent the loss of economic output arising from either illness ... the Model to understate the prevalence and costof diabetes in the future, rather than to overstate it. Sensitivity and scenario analysis The Model supports analysis ofthe sensitivity ofthe ... of $5.9 billion, or nearly double the level in 2000. Thecost of the disease is expected to rise by another $4.7 billion by 2020. The direct costof diabetes now accounts for about 3.5% of...