...201-046 Cost of Capital at Ameritrade Exhibit 1 Consolidated Annual Income Statements for the Fiscal Year Ending in September 1997 Net Revenues Transaction Income Net Interest Other Total Net Revenues Expenses Excluding Interest Employee Compensation Commissions and Clearance Communications Occupancy and Equipment Cost Advertising and Promotion Provision for Losses Amortization of Goodwill Other Total Expenses Excluding Interest Income Before Income Taxes Taxes Net Income EPS Shares Outstanding Source: Ameritrade Annual Report, 1997. $ $ 51.936.902,00 $ 18.193.946 7.107.492 77.238.340 1996 36.469.561,00 $ 11.477.878 6.391.314 54.338.753 1995 23.977.481,00 8.434.584 2.607.538 35.019.603 19.290.808 3.320.262 5.623.468 5.422.839 13.970.834 59.000 363.002 7.763.014 55.813.227 21.425.113 7.602.964 13.822.149 $ $1,00 13.768.889 14.049.642 2.530.642 3.685.535 2.889.654 7.537.265 148.014 363.002 4.717.406 35.921.160 18.417.593 7.259.248 11.158.345 $ $0,87 12.813.823 8.481.977 2.516.796 2.352.590 1.626.725 4.842.392 1.428.663 94.152 2.846.280 24.189.575 10.830.028 3.798.881 7.031.147 $0,55 12.813.823 t Ameritrade Cost of Capital at Ameritrade 201-046 Exhibit 2 Consolidated Annual Balance Sheets for the Fiscal Year Ending in September 1997 1996 ASSETS Cash & Gash Equivalents Cash & Investments Segregated in Compliance with Federal Regulations Receivable from Brokers, Dealers, & Clearing Organizations Receivable from Customers & Correspondents Furniture...
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...Detailed Lesson Plan (Grade 7) 1. Objectives After providing the necessary materials, each student; 1.1 investigates the different types of solutions: -unsaturated -saturated -supersaturated 1.2 performs an actual activity about solubility. 1.3 values the common solutions that can be found at home and can be used in daily living. 1. Learning Tasks 2.1 Topic: Solutions 2.2 Concept: The unsaturated solution has a less amount of solute to be dissolved. The saturated solution can hold no more solute to be dissolved. The supersaturated solution cannot hold more solute. 2.3 Materials 2.3.1 Textbook/Other Reference -Science Grade 7: Matter (K-12 Curriculum), pages 1-16 - http://www.infoplease.com/encyclopedia/science/solution-heat-solution.html 2.3.2 Instructional Materials - video clips, materials enumerated for the experiment and activity sheet. 2. Methodology 3.1 Daily Activities 3.1.1 Prayer/ Greetings Christ Jesus Whom we open our eyes, may you be there; When we open our ears, may you be there; When we open our mouths, may you be there; When we open our diaries, may you be there. Help us to see with your eyes; Help us to hear with your ears; Help us to speak your truth in love; Help us to make time for you… for others… for ourselves. Amen. 3.1.2 Checking of Attendance 3.1.3 Checking of Assignment 3.2 Preparatory Activities 3.2.1 Review Teacher: Class...
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...Osmosis Introduction: Tissues are made up of cells that have the same structure and function. In this experiment osmosis will be measured in a piece of tissue. Water potential can be determined by the changes in dimensions of the tissues when it is placed in solutions of different concentrations. Research Question: What is the effect of sucrose solution on potato cells Hypothesis: Osmosis will increase when the solutions are less concentrated with sucrose Variables: Dependant: Osmosis Independent: Length Materials: 12 large test tubes or specimen tubes with bungs, marker pen, potato chip cutter, scalpel, fine forceps, 3 watch glasses or petri dishes, ruler, 6 labeled beakers one containing 50cm^3 of distilled water and other four containing 50cm^3 of 0.2 mol dm^-3, 0.4 mol dm^-3, 0.6 mol dm^-3 and 0.8 mol dm^-3. Method: 1- Using the potato chip cutter, cut 24 chips from the potato. Cut the chips into 5cm lengths using the scalpel. Be as accurate as possible. Place 4 chips into each of six, labeled test tubes, one test tube for each of the different sucrose solutions. Pour in enough of each respective solution to cover the potato tissue. Put a bung in each one of the test tubes and label this series “potato”. 2- Repeat the method using the apple fruit or turnip root, putting four chips of tissue 5cm long into each of the second series of test tubes. Label these tubes “apple” or “turnip”. 3- Leave the tubes for at least an hour 4- After at least...
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...FUNDAMENTALS OF SURFACE MODES: ¥ COLLOIDS ¥ means ÒglueÓ in Greek ¥ was coined in 1861 by Thomas Graham. ¥ ¥ ¥ ¥ ¥ WHAT IS A COLLOID? usually consists of two phases; one continuous phase in which the other phase is dispersed. Size of particles: larger than the size of molecules and small enough for the dispersed phase to stay suspended for a longer period of time. ¥ No strict boundaries for the size limits. OFFICIAL DEFINITION ¥ In 1903 Wolfgang Ostwald formulated the official definition of a colloid: ¥ a system containing entities having at least one length scale in between 1nm and 1µm. ¥ For smaller particles there is no distinct boundaries between the phases and the system is considered a solution; ¥ for larger entities the particles will fall to the bottom due to the gravitational force, and the phases are separated. 1 2 3 MESOSCOPIC PHYSICS ¥ The particle size is in the so-called mesoscopic range in between the macroscopic and microscopic limits. LARGE INTERFACIAL AREA ¥ One very important quality of the colloids is the large interfacial area between the dispersed and the continuous phases. WHAT EFFECTS HAS THIS? ¥ This means that interface effects and hence the electromagnetic surface modes, are very important for the properties of the colloids. ¥ It costs energy to create this much surface and the particles would clump together if this isnÕt prevented. ¥ Usually the particles are charged and hence repel each other. 5 6 4 Four states...
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...encouraged to ask question/s that is related to this module and that you don’t know the answer to and want it to be answered. The question/s can be answered by anyone in class. The instructor will allow sometime for other students to answer the question/s before contributing. You can post your questions in MODULE 2 forum under the Discussion Forums. Complete Assignment #2. The assignments are posted in the ASSIGNMENTS area of the website. Even though the homework assignments are not to be turned in and graded, you are strongly encouraged to do them to understand the material and to prepare for quizzes and tests. A complete solution to this assignment will be posted on the course website under ASSIGNMENTS on Thursday (Sept 4th). You are encouraged to review the solutions and compare your work to the solution, ensuring that you understand the reasons the solutions appear as they do. You are also encouraged...
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... * Has no secretary The most important problem would be catching the flight for the meeting in Chicago since it’s an emergency and work related. Solutions: Getting work done for the day on the air plane on the way to the meeting. Call the secretary to find out at least some of the info for the meeting. Item#2 Problems: * Internal politicking in the company * Finding someone to replace F.T. Dickenson * Dealing with eliminating his overtime hours The two most important problems would the politicking, because someone else may feel the same way and decide to leave the company too. Also, finding someone to replace him and do his unfinished work in such a short period of time. Solution: Search for a new employee ASAP. Item#3 Problems: * Workers threatening to walk out over a co-worker * 10 votes to dismiss Foreman Edward George The workers are the most important asset to the company, so their interest should be first. Second, you have to figure out what to do about the votes to dismiss Ed George. Solutions: Talk to Ed George about his problems with his co-workers. Hold a meeting and get even more workers involved in the voting process, the take another vote. Item#4 Problems: * Overloading which can result in interruption of electrical power. * Not being reachable for Southern Power Solution: Contact Southern Power ASAP. See if they could come out and help with the problem. Item#5 Problem: * Balancing your work and his until Wednesday ...
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...Name Date Class COLLIGATIVE PROPERTIES OF SOLUTIONS Section Review Objectives • Identify the three colligative properties of solutions • Describe why the vapor pressure, freezing point, and boiling point of a solution differ from those properties of the pure solvent. Vocabulary • colligative properties • freezing-point depression • boiling-point elevation Part A Completion Use this completion exercise to check your understanding of the concepts and terms that are introduced in this section. Each blank can be completed with a term, short phrase, or number. In a solution, the effects of a nonvolatile _______ on the properties of the solvent are called _______. They include _______ point and vapor pressure _______, and boiling point _______. In each case, the magnitude of the effect is _______ proportional to the number of solute molecules or ions present in the _______. Colligative properties are a function of the number of solute _______ in solution. For example, one mole of sodium chloride produces _______ as many particles in solution as one mole of sucrose and, thus, will depress the freezing point of water _______ as much. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Part B True-False Classify each of these statements as always true, AT; sometimes true, ST; or never true, NT. 11. When added to 1000 g of water, 2 moles of a solute will increase the boiling point by...
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... it increases the water movement out of the plant by a process called transpiration. When there is a shortage of water, the guard cells well get smaller and close the stomata, and the transpiration process will move slower. The osmolarity would be tested with solute concentrations ranging from 0.0 M to 0.6 M. The concentrations increased 0.1 M each time and the solute used was sucrose. The goal of this experiment was to determine which concentration had the least effect on the potato after being incubated. This information helped us estimate the osmolarity of the potato tuber tissue. Our group hypothesis is that the osmolarity of the potato will have the concentration with the 0.1 M solution. This hypothesis is based off the predicted outcome that smaller molarity concentrations will have the least effect on the potato. The more solute added to a solution decreases the concentration of water in most cases (Kosinski). The decrease in water concentration would then lead to a lower weight of the potato tuber once it has finished incubating. Methods & Materials: For experiment A you will need the following items: 1 large potato tuber Forceps petri dish razor blade DI water metric ruler 7 250 mL beakers/ or disposable cups balance that weighs to the nearest 0.01g sucrose...
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... The purpose of the experiment was to see how abrasion works and how it affects rocks and minerals with the use of sugar cubes. I measured the mass of all 5 sugar cubes together then placed it in a jar with a lid on and shook it 20 times, as I was shaking the jar my lab partner recorded the mass that was taking with the number of times I shake the jar. After which we drew the shape of the sugar cubes when it was poured out on a paper, then we calculated the percent change. This procedure was repeated 5 times and with each trial the shaking time was increased by 20. After all the calculations was done, we graphed the data. After each trial the size and mass of the sugar cubes reduced, this was due to the pressure put on the jar as we were shaking it. Supposing little pressure was put on the jar, the outcome would have been different and would have shown little abrasion effects on minerals and rock so therefore this made me conclude that, for abrasion to have a greater impact on minerals and rocks the pressure of the water or wind must be strong to push the minerals against each other. Another factor that contributes to how abrasion works could be the amount of space the minerals and rocks have because during the experiment, the sugar cubes pumped into each other and the walls of the jar and since there wasn’t enough space for movement the sugar cubes weathered and reduce in size with the mass decreasing which I believe wouldn’t occur if there were to be enough space for the sugar...
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...The data solute concentration of the egg was found by taking the average percent change in mass for each percent solute concentration used in the lab and putting the data into the graph(Mass vs. Solute Concentration Over 3 Days). According to the data from the class, the solute concentration inside an egg is 25.1%. The egg would be in an isotonic solution at 25.1% solute concentration. This is when the concentration outside the egg is equal with the concentration of water inside the egg. The point of equilibrium is the point at which the trendline crosses the x-axis. At this point, the egg would no longer gain or lose mass. If the concentrations are the same inside and outside the egg, diffusion will not be able to take place. All averages...
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...Analysis of Carcinus maenas ingestion rates Materials and methods Part 1 - Control experiment Two mussels (mytilus edulis) were opened and the mussels inside cut into 4 pieces, producing 8 pieces of roughly equal size in total. A balance was then tared with a weighing boat placed on it. Each piece of mussel flesh was placed individually and in turn into the weighing boat to be weighed. The pieces were then placed into a plastic bucket half filled with filtered seawater. The weight, time of weighing and time of immersion into the bucket were all noted down for each piece of mussel. The position of each piece of flesh inside the bucket was also taken down so as not to mix them up. One of the eight pieces was left in the bucket for the duration of the experiment until being removed and weighed at the end and was written down as “the last”. Another piece was removed frequently throughout the experiment and was given the name “the one”. The last 6 pieces were each removed once and weighed at regular intervals to provide a range of submersion times. The experiment was run for roughly 20 minutes. The method for removing and weighing the pieces of mussel was kept consistent throughout the experiment. Each piece was removed, blotted clear of any excess water and weighed. If the piece of mussel was “the one”, it was returned to the bucket of seawater, if not, it was kept aside and moist for the crab feeding (Part 2). Once all of the pieces were removed and weighed (multiple times for “the...
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...Action Notes Pipelines, Power & Utilities Recommendation: Risk: 12-Month Target Price: 12-Month Total Return: Market Data (C$) Current Price 52-Wk Range Mkt Cap (f.d.)($mm) Dividend per Share Dividend Yield Avg. Daily Trading Vol. (3mths) $31.58 $25.51-$32.87 $24,000.8 $0.98 3.1% 1,487,005 December 760.0 750.0 63.7% $10.36 13.4% September 12, 2011 Equity Research 1 of 4 HOLD Unchanged LOW C$33.00 Unchanged 7.6% Linda Ezergailis, P.Eng. 416 983 7784 linda.ezergailis@tdsecurities.com Robert Hope, CFA 416 983 9717 robert.hope@tdsecurities.com Enbridge Inc. (ENB-T, ENB-N) C$31.58 Enbridge to Twin the Athabasca Pipeline for $1.2 billion Event Enbridge has announced that it will twin the southern portion of its existing Athabasca crude oil pipeline between Kirby Lake, AB and Hardisty, AB at an expected cost of $1.2 billion. Impact POSITVE. We estimate the expansion will contribute $0.04 of EPS on an annualized basis when volumes ramp up although we expect it will not contribute to earnings until 2015. Details Athabasca Expansion – Twinning Overview: • Overview: Enbridge has announced that it will install a new twin 345km, 36” liquids pipeline beside its existing Athabasca pipeline between Kirby Lake and Hardisty, Alberta. • Volumes: The twin line will accept volumes from oil sands projects in the Kirby area. We note that Enbridge’s Christina Lake Lateral, which services Cenovus’ and ConocoPhillips’ Christina Lake Enhanced Oil Project, delivers into the Athabasca...
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...Dominion Bank in Ontario Canada. Banknorth also added a sister company, Td Ameritrade formed under TD Waterhouse. One of the main things I like about Td Bank is its convenience to its costumers. Working for Td Bank, they take pride in their high customer service ratings. The have employees attend TDU a university to train employees how to do their job and also please the customer. The main reason I started banking at Td Bank was when they started no Atm fee campaign, I stayed with TD bank after I opened a free student checking and savings account. Also, they are open 7 days a week with the best hours a bank has to offer. “We will be the Best Run, Customer-focused, Integrated Financial Institution with a Unique and Inclusive Employee Culture.” The mission statement above is strongly exhibited through Td Bank. Td Bank is my choice for personal banking. What makes Td Bank different from most banking businesses, is that they have learned how to come out on top. As stated by Levitt in Marketing Myopia, think outside the box. People who focus on marketing strategy, various predictive techniques, and the customer's lifetime value can rise above myopia to a certain extent. Td bank does just that, by not being in the banking industry but as a financial institution. Many banks failed during the economic crisis. However, Td Bank opened more “Stores”, merged with more banks, as well as merged with TD Ameritrade. Td bank came out on top during the banking crisis because it diversified...
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...Salt of Sugar: Which One Dissolves Faster in Different Liquids Salt and sugar are used in many different ways. They are different in taste and purpose. Salt is use to make foods and vegetables saltier. Sugar is used to make food, candy, and fruits sweeter. Salt and sugar are also used in drinks (mostly sugar). So to find out which one dissolves faster, they will be in different liquids in different temperatures. Hypothesis: sugar will dissolve faster than salt. The liquids used are tea, water, and club soda. These liquids should have a different taste, color, odor, and purpose (O’Leary, Shelly, 91). Water molecules take up most of the room in the container (O’Leary, Shelly, 88). A solution is a mixture of a solute and solvent (O’Leary, Shelly, 88). During the experiment, keep a cup of plain liquid to compare (O’Leary, Shelly, 93). Nancy K O’Leary and Susan Shelly stated, “If you use mile or orange juice, for example, you won’t be able to watch salt and sugar dissolve,” (O’Leary, Shelly, 91). All liquids must be clear (O’Leary, Shelly, 92). Water is a solvent (O’Leary, Shelly, 90). BodnerResearchWeb.com stated, “Sugar dissolves in water because energy is given off when the slightly polar sucrose molecules form intermolecular dons with the polar water molecules.” (Bodner Research Web). The different temperatures are boiling (warm), cool, and room temperature. All of the liquids must be in the same temperature, or temperature will have to be used as...
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...headlines for each of the following lessons. Make sure that the headline is school appropriate, relevant to each lesson, and cited using MLA format. Lesson 1: Introduce the environment. Lesson 2: Identify the problem. Lesson 3: Identify the solutions. (What tools are available to perform the project?) Lesson 4: Evaluate the solutions. (If there are assumptions, what are they?) Lesson 5: Evaluate the ethical and social issues. (What ideas are compatible or incompatible with the problem and solutions?) Lesson 6: Propose the best solution. Lesson 7: Conclude your project experience. B. Write one paragraph for each of the above lessons. The lessons are directed to someone who has no experience in the field. Each lesson should be completed by the assigned due date. One Time Development: (This is a combination of the ongoing task.) A. In a term paper format (two+ pages), provide a formal proposal for the project analyzing the following (bring together all the lessons you worked on throughout the course): 1. The Problem 2. The Solutions Identified 3. The Solutions Evaluated 4. The Ethical and Social Issues 5. The Best Solution B. This paper will be traded with one assigned group member after receiving my feedback for editing improvements. Each student will read the assigned proposal, name 3 positive comments, ask 3 questions, and give 3 recommendations for their classmate. C. The final...
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