614 research outputs found
Claire Tham (1967-)
No full textAs an author, Claire Tham has this far been less concerned to observe the canons of English literature and more concerned to explore its creative possibilities and its adaptability. She also articulates a significant viewpoint about national and personal identity, about cultural tensions in a dynamic urban centre in transition, and about the.flip-side of Singapore’s prodigious prosperity
Letter from George Cruikshank to Joseph Dear[tham?]
No full textLetter from George Cruikshank to Joseph Dear[tham?]One unfolded sheet. Encapsulated in mylar. Handwritten in pencil on recto at top: Cruikshank, G. ALS 9-21-71 50-. Partially erased on recto 45�. Lightly stamped/imprinted on recto: 263. Hampstead Road N.W
Bolle Tham och Martin Videgård Hansson i samtal med Johan Linton
No full textInterview with Swedish architects Bolle Tham & Martin Videgård on their view on Architectural education and Architectural schools in relation to their project for a new architectural school at KTH in Stockholm. The interview i part of a special section on architectural education, edited by Linton. It includes interviews with Claes Caldenby (together with Per Magnus Johansson), Beate Hølmebakk and Anders Wilhelmson. It also includes original texts by Gert Wingårdh, Björn Linn, Elias Cornell and translations into Swedish of texts by Filippo Brunelleschi, Joseph Hudnut, Álvaro Siza, James Stirling, Jean Nouvel, Zaha Hadid & Richard Levene & Fernando Márquez Cecilia, Tadao Ando, Bernard Tschumi & Enrique Walker, Peter Eisenman, Benedetta Tagliabue
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case
No full textIn the Weighted Average Cost of Capital (WACC) applied to the free cash flow (FCF), we assume that the cost of debt is the market, unsubsidized rate. With debt at the market rate and perfect capital markets, debt only creates value in the presence of taxes through the tax shield. In some cases, the firm may be able to obtain a loan at a rate that is below the market rate. With subsidized debt and taxes, there would be a benefit to debt financing, and the unleveraged and leveraged values of the cash flows would be unequal. The benefit of lower tax savings are offset by the benefit of the subsidy. These two benefits have to be introduced explicitly. In this paper we present the adjustments to the WACC with subsidized debt and taxes and the cost of leveraged equity for multiple periods. We demonstrate the analysis for both the WACC applied to the FCF and the WACC applied to the capital cash flow (CCF). We use the calculation of the Adjusted Present Value, APV, to consider both, the tax savings and the subsidy. We show how all the methods match.Adjusted Present Value, APV, weighted average cost of capital, discounted cash flow, DCF equity value, cost of equity, WACC, subsidized debt with taxes, valuation of cash flows, project evaluation, project appraisal, firm valuation, cost of capital, cash flows, free cash flow, capital cash flow
EVA(c) Made Simple: Is it Possible?
No full textVélez-Pareja and Tham, 2003a, Vélez-Pareja and Tham, 2003b and Tham and Vélez-Pareja, 2004 showed the matching between discounted cash flow (DCF) methods and value added methods. They departed from the net operating profit less adjusted taxes NOPLAT and net income when using market values to calculate the weighted average cost of capital (WACC) and the cost of levered equity, Ke. In those previous works they assumed that the proper discount rate for the tax savings is the unlevered cost of equity, Ku. We assume the same discount rate in this paper. The previous procedures implied circularity between the cost of capital and the levered values. In this paper we show that the same firm values can be obtained using the cost of unlevered equity, Ku and the net income and the interest charges. No circularity is found using this procedure.
sj-jpeg-4-aor-10.1177_00034894211051814 – Supplemental material for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults
No full textSupplemental material, sj-jpeg-4-aor-10.1177_00034894211051814 for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults by Zachary M. Holliday, Janice L. Launspach, Lakshmi Durairaj, Pradeep K. Singh, Joseph Zabner and David A. Stoltz in Annals of Otology, Rhinology & Laryngology</p
sj-jpeg-2-aor-10.1177_00034894211051814 – Supplemental material for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults
No full textSupplemental material, sj-jpeg-2-aor-10.1177_00034894211051814 for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults by Zachary M. Holliday, Janice L. Launspach, Lakshmi Durairaj, Pradeep K. Singh, Joseph Zabner and David A. Stoltz in Annals of Otology, Rhinology & Laryngology</p
sj-jpeg-1-aor-10.1177_00034894211051814 – Supplemental material for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults
No full textSupplemental material, sj-jpeg-1-aor-10.1177_00034894211051814 for Effects of Tham Nasal Alkalinization on Airway Microbial Communities: A Pilot Study in Non-CF and CF Adults by Zachary M. Holliday, Janice L. Launspach, Lakshmi Durairaj, Pradeep K. Singh, Joseph Zabner and David A. Stoltz in Annals of Otology, Rhinology & Laryngology</p
- …
