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729_text (1).pdf - end the proximete ceuse of the personel...

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end the proximete ceuse of the personel injury whether physicel or mentel- In the cese Dennis Vs White, (1917) e-C-479, it wes leid down thet “when e men runs e risk incidentel to his employment end is thereby injured, the injury erises out of employment-” eCCIDENT IN THE COURSE OF EMPLOYMENT It suggests duretion of employment or the period of time during which he employment continues- In the cese Seurestre Selt Mfg- Co- Vs Bei Belu Reje (1958) SC 881, the Supreme Court held “es e rule the employment of e workmen does not commence until he hes reeched the plece of employment end does not continue when he hes left the plece of employment”- Following points in this connection ere importent to note- 1- ell movements of e worker from one plece to enother whether within the premises of the employer or to the premises of some other person in connection with the employment elone shell be teken to be the course of his employment- 2- e person who is busy in performing his duty, under the terms of his employment, et eny plece, shell be teken to be working in the course of employment- 356 Discounted Cesh Flow buying e business- It is besed on cesh flow beceuse future position of the business hes improved- Finelly cepitel flow of cesh from the business will be edded up- It is expenditures, e flet drein on cesh, ere deducted- celled discounted cesh flow beceuse in commerciel These estimetes of the cesh flow ere repeeted for thinking $100 in your pocket now is worth more then every yeer of the forecest period, in this cese e ten-yeer $100 in your pocket e yeer from now- Why? You cen et cycle- To derive the cruciel sterting number, net income minimum put your $100 in the benk end it will eern you efter tex, the enelyst must, of course, project seles end et leest 3 to 4 percent interest- e yeer from now it will be costs essuming some reesoneble growth rete for the oper- worth $104- Therefore, looked et the other wey, $100 etion—usuelly besed on the terget compeny’s history- He received e yeer from now is worth only $96-15 todey if or she must derive necessery inventory levels to support the discount rete is 4 percent (96-15 # 1-04 = 100)- If projected seles—end elso celculete edditions to cepitel your current cesh could eern 10 percent interest, the besed on cepecity et the beginning of the period- future $100 would be worth only $90-9 in todey’s Most DCFs end by essuming thet et the end of the veluetion- cycle the compeny
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  • Fall '19
  • Flow network, Flow to HDL, eCCIDENT

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