ABC Ltd. is considering two financing plans to raise ₹ 8,00,000. The key information is as follows: TABLE GIVEN BELOW: Plan Equity Debt Preference Shares 1 50% 50% 2 50% 50% Expected EBIT is ₹ 2,40,000. Cost of Debt is 10% and cost of Preference Shares is 10%. Tax rate is 50%. Equity shares of the face value of ₹ 10 each will be issued at a premium of ₹ 10 per share. Calculate Earnings per share for plan 1 and 2 and suggest which one is better.
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..Louisa May Alcott, (born November 29, 1832, Germantown, Pennsylvania, U.S.—died March 6, 1888, Boston, Massachusetts), American author known for her children’s books, especially the classic Little Women.This is going to look a bit complicated only because the book I want to tell you about is written in Japanese. I read it in Chinese. And I’m going to write in English. The film which is based on the novel I just finished reading is called Rebirth in English. I’m not sure if the book itself has been translated into English, that’s why I borrowed its film’s name, which is on Wikipedia. The book is called the Cicada of the Eighth Day in Japanese and in Chinese.
Cicada is a type of insect. My husband never heard of it before this day so I think I should describe it. It makes loud and continuous noises on the trees in summer where I grew up. One of the most common, almost iconic insects for summer. But I didn’t know what it was in English (nor my husband) so I looked it up, to my surprise, Wikipedia says: “the name, cicada, is a direct derivation of the Latin cicada, meaning “tree cricket”. There is no word of proper English, or indeed Germanic, etymology for the insect.” But it’s very common in Chinese culture. I’m pretty sure in Japanese culture as well.Importance of Physical Health in Our Lives
By : XYZ
Everybody knows that healthy mind lives in a healthy body. In fact, health is the greatest wealth but we are losing this wealth by making ourselves engrossed in the race of worldly wealth. Demands of modern life have deprived us of our quality time and left us short of time especially for physical activities. We try to do everything except physical activities, e.g., we don’t have time to play games, to do physical exercise, yoga, etc. Rather, these activities should be an integral part of our daily life. These will not only make us physically fit but also recreate us; in turn make us mentally more fresh and alert. Medical research says that many muscles which are not normally used by body, become active when indulged in such activities. Moreover, we can remain more fit by doing our work ourselves e.g., cleaning, washing and the most important by walking. In the blind race of being rich and successful, if we ignore our health, we give invitation to various diseases. It should be very clear to everybody that by following discipline and time management, we can effectively spend our day by being active physically as well as mentally.
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