Tag: economics

Movie Economics Essay

Movie Economics Essay

The film industry as it stands today spans the globe. It has evolved over the time and being a complex phenomenon and a highly specialised trade consists of the technological and commercial institutions of filmmaking – the film production companies, film studios, cinematography, film festivals, actors, directors and other film personnel. Also, different aspects of the motion picture industry have had advances and expansion of opportunities and scope at various stages like development, pre-production, production, post-production and film distribution and marketing. The history of a film is usually related through the achievements of producers, directors, writers and performers.

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Nobel Prize in Economics 1987 Robert M. Solow Essay

Nobel Prize in Economics 1987 Robert M. Solow Essay

Robert Merton Solow was born in Brooklyn, New York into a Jewish, immigrant family on August 23, 1924. Robert is the eldest among the three children of Milton Solow and Hannah Merton Solow. Because of dedication and hard work, Robert was awarded an educational scholarship in Harvard University in 1940. There, his studies began with elementary economics, anthropology and sociology. Surprisingly, however, shortly after his entry to the university Robert decided to join the United States army, and it was only in 1945 that he decided to continue his studies under the direction of Wassily Leontief. Years after, as a result of his momentous contributions to theories of economic growth Robert M. Solow was awarded in 1987 of the most esteemed Nobel Prize for Economics.

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Managerial Economics: Calculation Example Essay

Managerial Economics: Calculation Example Essay

1. The demand for MICHTEC’s products is related to the state of the economy. If the economy is expanding next year (an above-normal growth in GDP), the company expects sales to be $90 million. If a recession occurs next year (a decline in GDP), sales are expected to be $75 million. If next year is normal (a moderate growth in GDP), sales are expected to be $85 million. MUCHTEC’s economists estimate the chances that the economy will be either expanding, normal, or in a recession next year at 0.2, 0.5, and 0.3, respectively.

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To Tax Or Not To Tax – Essay

To Tax Or Not To Tax – Essay

Two authors by the names of Paul Krugman and Fred E. Foldvary have varying opinions on the topic of taxing the rich. The debate they’re writing about is whether or not the US should increase the tax burden on the rich. Foldvary states in his “The Evil of Taxing the Rich” article that there are a lot of negative affects that would come along with taxing the rich. Mainly, he says the rich are paying a much larger percentage of federal taxes already, so their taxes shouldn’t be any higher. Also, he makes point that increasing the tax burden on the rich is an evil lie because the taxes the rich pay are returned to them through land-value subsidies.

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The Flows of Information through a Collaborative Financial Information System Essay

The Flows of Information through a Collaborative Financial Information System Essay

The current economic environment requires a successful business to operate smarter, more efficiently and seamlessly which has lead to initiatives like business process improvement, workflow reengineering management and balanced scorecard. The initiatives and best practices implemented to achieve these objectives in many organizations have lead to the drastic change in IT. IT has gone from solely technical solutions to integrated business analysis and process optimization; and can almost be described as a function of both HR and Finance. Specifically when it comes to automating workflow; workflow in general, can be linked to an information system allowing management to realize the impact of production decisions can be determined immediately, organizations are seeking actionable information upon which to implement into strategy and effect decisions.

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WACC of Target Corporation

WACC of Target Corporation

Before we compute the WACC of Target Corporation we must know the following points in to consideration.

PARTICULARS

2008

2007

Equity Financing

35%

35%

Debt Financing

65%

65%

Stock Price

$45

$72

Dividend per share

$0.62

$0.54

Tax Rate

37.40%

38.40%

Cost of Equity ( D/P +g)

$0.62 / 45 + 15.45% = 16.82%

$.54 / 72 +15.45% =16.2%

Cost of Debt Kd (1-T)

2.1%(1 – 37.40%) = 1.3%

5.2%(1 – 38.4%) = 3.2%

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