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But I can assure you that in buying businesses Warren Buffett pays much attention to their dividend-paying ability that is, whether they generate cash in excess of necessary capital expenditures.
This year Simon Properties' adjusted funds from operations (net income plus amortization and depreciation in excess of necessary fix-ups) are likely to only inch ahead from 2008′s $5 a share.
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To convert those securities into cash would require the Treasury to either issue new debt or generate tax revenue in excess of other necessary government spending in order to make the payment, without increasing general budget deficits.
This is particularly the case for formaldehyde-induced sensory irritation as discussed in this review and does not imply that formaldehyde-induced cytotoxicity does not occur at concentrations in excess of those necessary to trigger the symptoms of sensory irritation (i.e., >2ppm).
While expensive diagnostics are valuable, there's evidence to suggest that they're used in excess of what is necessary.
Dayton said at a press conference earlier that the officer who fired used a level of force "way in excess" of what was necessary.
It was found that an excess of dispersant is necessary to achieve a lamellar morphology.
Use of RpoS+ S. Typhi antigen delivery vectors will therefore necessitate degrees of attenuation in excess of what is necessary to attenuate S. Typhi Ty2 strains for humans, but these means of attenuation must not compromise immunogenicity.
The mean depth of coverage was at least 350 for all strains, which is far in excess of the coverage necessary to obtain accurate base calls.
After careful examination of the conditions used for activation in the previous study [ 13], we noticed that despite a reported Kd value of 2.9 ± 0.9 nM, a 500-fold molar excess of BSP was necessary to demonstrate proMMP activation.
The amount of excess necessary is determined by how quickly immunity is lost (through death or waning) compared to the duration of infectiousness of the disease: when immunity lasts longer, bistability is more likely.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com