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write my assignment 844

The expected return on assets is just the weighted average of the expected return on debt and the expected return on equity. As leverage increases, the expected return on equity increases and the expected return on debt remains constant (as long as debt is risk‐free) or increases as well. If both components of assets (equity and debt) are (weakly) increasing in leverage, how is it possible that the expected return on assets remains constant? See also the picture below. Ignore taxes!

Leverage and Expected Returns120%100%8060%Expected Return D40 %Expected Return E20 %Expected Return A1 %500000 1000000 1500000Face Value Zero Coupon Bond

 

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write my assignment 6811

Write a five-page(1,250 – 1,500 words) double-spaced essay (not including cover page and references pages), in which you address the following eight objectives:

– Explain the core beliefs of the just-in-time (JIT) philosophy- Describe the elements of JIT- Explain the key elements of JIT manufacturing- Explain the elements of total quality management (TGM) and their role in JIT- Describe the role of people in JIT and why respect for people is so important- Describe the benefits of JIT- Discuss the implementation process of a successful JIT system- Describe the impact of JIT on service and manufacturing organizations

The essay must be original. Each objective must have its own section heading (e.g.,”Core Beliefs of JIT”). You must incorporate at least five sources, both as references and corresponding in-text citations. APA format is expected.

 

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write my assignment 19737

Write a 10 pages paper on an account for the defeat of the anglo-french allies in 1940. This analysis shows that the Germans had a better strategy, battle tactics, good communication, home support, support from businesses, better intelligence and drive to conquer (Jackson, 2004). On the other hand, the allies had little intelligence about the enemy, poor economies, we’re reliant on poorly thought out defences, could not establish communications or supply lines and eventually had to fold over as German tanks drove from country to country (Horne, 1969). To fully understand these reasons, it would be best to analyse them on an individual basis.

Blitzkrieg is the popular name given to the operational military system under which quick air bombing is followed by a charge of mobile ground forces at the weakest point in the enemy defence lines (Jackson, 2004). The basic element of this tactic of warfare is the speed of the attack and the surprise it generates for the enemy who is basically caught unaware (Horne, 1969). There is some doubt if the Germans had developed these tactics on their own since Foreign Affairs (1941) describes these tactics as having a German origin while Ellis (1990) suggests that the doctrine could have been developed by other tacticians and copied by the Germans to apply to mechanised warfare.

Nonetheless, it was effectively employed as a weapon of war and it allowed quick military gains to be made by the Germany forces. Time magazine (1939) was the first popular news source to report on these tactics when a writer described the fall of Poland by saying that: “The battlefront got lost and with it the illusion that there had ever been a battlefront. For this was no war of occupation, but a war of quick penetration and obliteration—Blitzkrieg, lightning war. Swift columns of tanks and armoured trucks had plunged through Poland while bombs raining from the sky heralded their coming.

 

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write my assignment 23079

Create a 2 page essay paper that discusses Capital Budgeting Techniques.

The purpose of this paper is to describe these techniques and to compare and contrast the pros and cons associated with each of these four capital budgeting techniques.

The payback period is used to quantify the expected number of years required to recover the original investment made on a project based on the cash flows that the project generates over its lifetime. The main advantage of this capital budgeting technique is its simplicity. The way to calculate payback period is by adding up the expected cash flows for each year until the original investment of the project is recovered. The basic logic of the method is that it is better to recover the original investment sooner than later. A disadvantage of the payback period method is that it disregards the time value of money. Another capital budget technique to evaluate projects is the net present value or NPV. This method evaluates capital investment projects by finding the present value of future net cash flows, discounted at the rate of return required by the firm (Besley, et al. 2000). One of the pros associated with this capital budgeting technique is that it takes into consideration the time value of money. A project is accepted based on this technique if the NPV output is above cero, while projects that have a negative NPV should be rejected. A disadvantage of the NPV method is that it does not measure the interest rates, profitability, and other benefits relative to the amount invested (Glann, 2009).

A third capital budgeting method is the internal rate of return or IRR. The internal rate of return is the rate of return the firm expects to earn if the project is purchased. thus it is defined as the discount rate that equates the present value of a project’s expected cash flow to the investment outlay, or initial cost (Besley, et al. 2000). A pro of the IRR method is that it takes into consideration the time value of money. A project evaluated based on IRR is accepted if the IRR result is greater

 

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