"Financing, Valuation, and Rating Agencies" Coursework

"Financing, Valuation, and Rating Agencies" - Coursework Example Equity financing involves the sale of ownership right to interested partners. The money raised through equity financing is much higher than any other form of funding and is not limited or regulated (Williams, 2012). Investors can pump in money that the convenience store can overcome startup hurdles and grow in a very short period. The money contributed by investors is not returnable; thus the store will run till it breaks even so as to start the cash recovery. Shareholders bring along valuable skills and information to the convenience store. It is easier to achieve a target when different people are working towards the goal than when alone (Chandra, 2010). There are high expectations of success and responsibility as compared to debt financing. Capital raised from debt financing is limited and returnable. Expectations are low for debt financing as compared to equity funding, and collateral may limit finance required. Convenience stores are excellent avenues for revenue generation. Capital required is high as the risk of running it also stands high. With equity financing, enough money can be raised to steer off high growth and develop a consumer-oriented

CHANGES Assignment Example | Topics and Well Written Essays - 500 words

CHANGES - Assignment Example Often, the contactor is expected to maintain a comprehensive record of costs invested in performing the change so that they can validate its claims (Clough, Sears, & Keoki 136). 3. A constructive change in a contract is the consequence of an action, or absence of an action of the contract owner or its representative that can be interpreted as a change to the contract despite the fact that the owner might not have offered an official, written change order. For example, when the contractor is verbally directed to perform a different duty, in a different way, or in addition to that set by the contact, the owner becomes responsible for any extra time and cost. 4. If a project falls behind schedule, the owner can take a recourse or alternative of ordering the contractor to make up the wasted time without being responsible for additional costs of construction. 5. Differing site condition is   an unforeseen site condition realized after execution of a contract and differs from the conditions outlined in the specifications and plans or differ from those that should be experienced at the site. An example is an underground condition that can be discovered in remodeling a structure that existed before (Clough, Sears, & Keoki 140). 7. The main reasons why contractors should be concerned about owner-caused delay are that they enable him to recover under the change clause for extra cost of work. The contractors can also get a profit in the process. 9. Delay damages are difficult to prove because when the delay damages are hard to measure or are uncertain, it naturally means that it is hard to conclude that a specific damage rate or amount is an irrational projection of what the damages might be. 10. The three essential elements of the Revised Contract Amount in a change order: the modifications to be included change in the contract amount, and the signatures of the prime contractor and the owner. This article tries to put forward that the Changes clause is possibly the