Entries by Student

write my assignment 12906

It’s early morning on January 1st, 2008 and Mr Duby is thinking about investing in ABC stocks. ABC reported earnings per share (EPS) of $2 as of December 31, 2007 but paid no dividends. Earnings are expected to grow at 16% per year for the following 4 years. ABC will start paying dividends for the first time on December 31, 2011, distributing 40% of its earnings to shareholders. Earnings growth will slow to 7.5% per year for the next 5 years (i.e. from January 1, 2012 through December 31, 2016). Starting December 31, 2016 ABC will pay out 70% of its earnings in dividends and earnings growth will stabilize at 2% per year forever. The required rate of return on ABC stock is 10%.

a.     How much should Mr. Pitt pay for a share of ABC stock given the above earnings and dividend forecast?

b.     What would be the value of the stock today if Mr Duby could convince ABC directors to change the company’s future dividend policy to pay out 100% of its December 31, 2016 earnings in dividends (i.e. the retention ratio would become 0%) and maintain this dividend policy forever? In other words, starting on December 31, 2016, should the company pay out all of its earnings in dividends instead of pursuing their growth strategy?

 

"Not answered?"


Get the Answer

write my assignment 29726

Contract Law

Consider the following fact pattern.

Little Jimmy, who is fifteen years old, is a high school football player at Dead End High School. At the start of every football season, the school’s athletic department requires that each student under eighteen years old get parental permission. On the back of the parental permission form, there is a waiver and release clause. The waiver and release clause states:

The risk of injury to my child from the activities involved in these programs is significant, including the potential for permanent disability and death, and while particular rules, equipment, and personal discipline may reduce this risk, the risk of serious injury does exist; and,

  1. FOR MYSELF, SPOUSE, AND CHILD, I KNOWINGLY AND FREELY ASSUME ALL SUCH RISKS, both known and unknown, EVEN IF ARISING FROM THE NEGLIGENCE OF THE RELEASES or others, and assume full responsibility for my child’s participation; and,
  2. I willingly agree to comply with the program’s stated and customary terms and conditions for participation. If I observe any unusual significant concern in my child’s readiness for participation and/or in the program itself, I will remove my child from the participation and bring such attention of the nearest official immediately; and,
  3. I myself, my spouse, my child, and on behalf of my/our heirs, assigns, personal representatives and next of kin, HEREBY RELEASE AND HOLD HARMLESS ______________________________________; (Legal Name Of Your Sports Program, Ex: League Name) its directors, officers, officials, agents, employees, volunteers, other participants, sponsoring agencies, sponsors, advertisers, and if applicable, owners and lessors of premises used to conduct the event (“Releasees”), WITH RESPECT TO ANY AND ALL INJURY, DISABILITY, DEATH, or loss or damage to person or property incident to my child’s involvement or participation in these programs, WHETHER ARISING FROM THE NEGLIGENCE OF THE RELEASEES OR OTHERWISE, to the fullest extent permitted by law.
  4. I, for myself, my spouse, my child, and on behalf of my/our heirs, assigns, personal representatives and next of kin, HEREBY INDEMNIFY AND HOLD HARMLESS all the above Releasees from any and all liabilities incident to my involvement or participation in these programs, EVEN IF ARISING FROM THEIR NEGLIGENCE, to the fullest extent permitted by law.

I HAVE READ THIS RELEASE OF LIABILITY AND ASSUMPTION OF RISK AGREEMENT, FULLY UNDERSTAND ITS TERMS, UNDERSTAND THAT I HAVE GIVEN UP SUBSTANTIAL RIGHTS BY SIGNING IT, AND SIGN IT FREELY AND VOLUNTARILY WITHOUT ANY INDUCEMENT.

___________________________________ __________________________________

(PARENT/GUARDIAN SIGNATURE) (PRINT NAME)

Date Signed:___________________________________

UNDERSTANDING OR RISK

I understand the seriousness of the risks involved in participating in this program, my personal responsibilities for adhering to rules and regulation, and accept them as a participant.

___________________________________ __________________________________

(PARTICIPANT SIGNATURE) (PRINT NAME)

Date Signed:___________________________________

Little Jimmy’s mother and father are not supportive of Little Jimmy’s decision to play football. Last season, Little Jimmy broke his leg during a game resulting in months of rehab. Because of his parent’s reluctance, Little Jimmy forges his mother and father’s signature.  The next day, Little Jimmy hands in the form with the forged signatures.  During a game later in the season, Little Jimmy suffers a heart-attack during a game.  Thereafter, Little Jimmy’s parents sue the school, arguing that he should not have been playing football and that the school had not insured that he was physically fit to play. The school raises the signed permission form with the release/waiver provisions in its defense. Little Jimmy’s parents argue that they never signed the form.

Please analyze this situation.   

Your initial substantive response should be at least 500 words. You are required to respond to two of your classmates’ postings. These responses must be at least 250 words each. All citations must be in Bluebook format.

 

"Not answered?"


Get the Answer

write my assignment 3894

Submit a brief autobiography including your current teaching assignment and your future career goals.  Also, include a one-page paper of your Educational Philosophy as it applies to you and your overall standpoint on Education. Some things you may want to consider are:  the purpose of education, the role of the student in education, the role of the teacher in education, and the role of the teacher in the community.

Important facts about me.

I am 34

2nd year teaching Social Studies and Science at Jefferson County Elementary School

My future goal is to become an mortician. I will love to  play an important role in the living and the dead. I am currently playing an important role in the students I teach. 

 

"Not answered?"


Get the Answer

write my assignment 29743

Due to the strong personality of the Dollar Shave Club brand, it serves a fairly narrow set of target customers. Reaching these customers in targeted ways that don’t waste the brand’s promotion budget on non-target consumers is a challenging but important part of Unilever’s marketing plan for the brand. One option for the company to reach likely customers is to ask current DSC subscribers to refer their friends to the service.

Under the proposed referral program, any current Dollar Shave Club subscriber can earn a cash bonus by recommending the Club to a friend who ends up subscribing. Effectively, the company can share its advertising and sales budget with these referrers instead of spending it on its current promotional activities (TV ads, direct mail, etc.). Your job is to help the brand understand how a referral program might affect customer lifetime value and how cost-effective it will be compared to other promotional activities.

One advantage of referrals is that they can strengthen existing customer relationships. In prior research on consumer behavior, they have found that endorsing or recommending a product reinforces a customer’s positive feelings about the brand and makes them a more satisfied and loyal customer. In preparation for launching the referral program, they’ve conducted additional research for Dollar Shave Club specifically, to see whether this benefit would be likely. This research found that DSC subscribers who referred a friend would likely show an increase in retention, from the brand’s typical 83% yearly retention rate to an estimated 86% after referring a friend.

Dollar Shave Club’s marketing research also suggests that customers who joined through the referral program are likely to behave differently from standard DSC subscribers (see Table 2). The research team categorizes referrals in two groups: Join Anyway customers and True New customers. The “Join Anyway” referral customers are those who are already likely to subscribe to DSC but who will happily use a friend’s referral code if available. Approximately 40% of referral customers are expected to fall in this category. This type of referral doesn’t seem like a promising investment because it doesn’t entirely new customer relationship, compared to simply letting those customers join normally. However, the research team has found that Join Anyway customers are slightly more loyal to the company than standard subscribers because of their connection to the friend who referred them. The team estimates that the retention rate for this group will be 84% compared to DSC’s typical retention of 83%.

The second group of referral customers, the “True New” customer group, are those who would not have joined Dollar Shave Club without a referral. Approximately 60% of referral customers are expected to fall in this category. In general, the company sees this type of referral as more beneficial than the Join Anyway category because it creates brand-new customer relationships that the company would not get otherwise. However, the research team has found that True New subscribers tend to be a weaker fit with the brand and show lower retention than standard subscribers. The team estimates that the retention rate for this group will be 80% compared to DSC’s typical retention of 83%.

·     The annual discount rate is 10% (i = .10)

·     DSC receives 100% of profits (p – c) for its subscription sales and expects to receive 50% of the profits from indirect sales (unless noted otherwise)

·     Account for acquisition costs in your calculations

·     Acquisition costs are paid entirely by DSC in both channels

P=8 C=4.50 Q=12

·)How much value would DSC gain from each of the two referral types described above? Based on the expected proportion of each type, how much value should DSC expect any given referral to create for them on average?

·      DSC’s current promotional activities require $60 of spending to acquire a new subscriber. Would spending $60 per referral be more or less profitable (in terms of total CLV created) than DSC’s current promotions? What would be the maximum amount of spending per referral to match the value of other promotional spending?

 

"Not answered?"


Get the Answer