... in 1023.80=PV, 1000=FV, 2= N, 38.15=PMT. The bond was calculated semi-annually, therefore I multiplied the answer for I/Y times 2 to get 5.16%. The next step would be to calculate the preferred stock, however my stock had none. I then went to the third step of calculating cost of retained earnings. First I found the three growth rates which were historical, forecast, and sustainable growth. The historical and forecast annual rates I simply pulled directly from Value Line under Past 10 years and estimated years of the dividends. They both were 14.0%. The sustainable growth is calculated by taking the rete ...

... 1, 1997 it will raise to $5.00 an hour and beginning March 1, 1998 it will increase to $5.75. The minimum wage in California has increased nine times in the past thirty years rising from $1.30 per hour in the mid 1960's to $4.25 per hour as of July 1996. The increase has been less than the rate of inflation during this period. The vast majority of the 22,000 members of the American Economic Association agree that increasing the minimum wage will increase unemployment among young, unskilled workers. This 35% hike in the minimum wage paid by the business will be one of the biggest increases in California history. ...

... largest pharmacy, Jacob's Pharmacy, as a five cent non- carbonated beverage. Later, carbonated water was added to the syrup to make the beverage that is know today as Coca-Cola. Named by one of Pemberton's close friends, Frank Robinson also penned the famous Coca-Cola logo and it's unique script. In addition to the early history of acquiring its name, the Coca-Cola Company traded several hands. While living, Dr. John Pemberton sold a portion of the Coca-Cola company to Asa Candler, then after Pemberton's death, Candler bought the remaining portion of the company. Candler acquired the whole company for only $2 ...

... and most varied selection available anywhere. The company has been franchising since 1950. There are currently 3,456 franchised units in 49 states and in 44 countries. The company itself only owns four of the franchise units. Those interested in a franchise opportunity must pay a franchising fee of $15,000 that varies from country to country. The future franchisee is required to have at least $100,000 in liquid assets, including the franchise fee. In order to even be considered for a Baskin-Robbins franchise opportunity, those interested must have a net worth of at least $300,000. Though very rare, the Cor ...

... Depending on the length of service and the size of the company many workers receive paid vacations and holidays. They also receive health, life, and accidental death and dismemberment insurance. The driver also constantly moves about and can enjoy the scenery changes in the weather. The individual is not under continual supervision and uses personal judgment in pacing the day. A typical work week usually consists of a 5-day 40-hour schedule. The driver strive to keep the workday at 8 hours, but since the parcels must be delivered on time to maintain the company reputation, overtime work is occasionally is neces ...

... interest of the economy for the United States Postal Service to continue as a monopoly. The first time there was talk of privatizing the Postal Service was in 1979 when the Postal Service was losing vast amounts of money in the long run. But since the Postal Service is a necessity for America, the government had to subsidize the service in order for it to continue in operation. In 1979 the United States Postal Service had a cash flow of $22.5 Billion and was additionally receiving $176 million from investing(United States, Intro.). Even with this added revenue the Postal Service was still greatly under funded ...

... Kevin Brown and Steffi Carr. The restaurant is ideally located on the D.C. waterfront. There it will be easily accessible to a large cross section of consumers and make it possible to provide patrons with a safe and controlled environment. Our establishment brings a relatively new concept to the Districts restaurant industry. What we provide is an everchanging mix of live entertainment to customers while serving all of their drinking and dining needs as well. We are somewhat of a one stop, night on the town, in that we provide not only the drinking and dining needs of person going out but we also provide, ...

... to balance the budget. These helped ease the financial problems throughout the nation and then he began to restructure the banking system with such acts as The Glass-Stegall Act and the creation of the Federal Deposit Insurance Corporation. He also set up the Securities Act and the securities Exchange Act that were overdue regulations for the Stock Market. In order to enforce all these new acts, he started the Securities and Exchange Commission. These actions got the banks and the financial system started in the right direction of what would be a slow recovery process. Roosevelt's next objective was to ta ...

... consumers do change their spending patterns. Even though the composition off the market basket is assumed not to change, it does because consumers change their spending patterns. Because consumers substitute lower priced products in lieu of higher priced ones, the weight has shifted. The CPI assumes that this does not occur and therefore it overcompensates the standard of living. Secondly, because the base period was over a decade ago, the quality of the products has increased significantly, and therefore the prices should be higher. The CPI, however, assumes that the increases in prices is a result ...

... of moral philosophy. Similar to Hume, Locke, and Newton, Smith focused on the function of the universe. He believed the universe to be a giant machine. This concept is called the mechanistic universe. In this universe, everything happens from physical laws, and reactions between cause and effect. A mechanist, like Smith, would understand no living being has a choice of the way it behaves. No one can predict the future for the present state of all matter is unknown. This is one reason he focused on morality. The way in which one behaves suggests their morals. Morality is primarily concerned with attem ...