assigned legal and corporate duties‚ they stand in a fiduciary relation to the shareholders of the company. A director as a trustee shall act in the best of his ability to benefit the company and not in furtherance of his own interest. Each of the four directors of the company stand in a fiduciary position to the company and thus liable for their acts of omission and commission to the shareholders of the company. They did not take adequate safeguards while deciding to invest a relatively huge sum of $20
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Case 10 Aspeon Sparkling Water‚ Inc. Capital Structure Policy CASE INFORMATION Purpose This case‚ which in all aspects is identical to Case 9‚ illustrates the capital structure decision for a firm that starts with zero debt. Either Case 9 or Case 10‚ but not both‚ should be assigned. The primary analytical tool is valuation analysis‚ although the case briefly introduces the Modigliani and Miller (MM) with corporate taxes and Miller models. The case also illustrates financial
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Week 2 Discussion 1: "VPN Solutions" Please respond to the following: •Imagine you are a consultant called upon by a large U.S. corporation having more than 10‚000 employees nationwide. You are asked to implement a VPN solution for remotely located employees to access the same corporate resources as they could from their desktops at work. Describe‚ in order‚ the types of questions you would ask their management and IT personnel in an information-gathering session before providing them a plan
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12-29 Foreign exchange (*W) 20 12-30 Partial statement of cash flow 30 *W The solution to this assignment is on the text Web site and in the Study Guide. The solution is marked WEB. Questions 1. The definition of a liability embodies a future sacrifice of assets or services‚ a present obligation‚ as a result of a past transaction or event. 2. A financial liability exists when one company has a liability and another entity has a financial asset. Non-financial liabilities are
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NUMBER 2 Performed by: Problematique In 2000‚ Wilkinson Sword-Turkey SA‚ (hereinafter “WST”) won the approval for a $12 million capital expenditure to finance the launch of a new product line‚ the Quattro shaving system‚ from its US-based parent company. Mrs. Ozcan‚ President and GM of the Turkish subsidiary‚ had to chose between two financing options: (1) Extension of the USD denominated intercompany receivables‚ at an annual interest rate of 7.5%‚ and (2) Local bank debt denominated Turkish Lira
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costs by $50. $225 The profit per acre of cantaloupes would have to increase by $99.50. 11. a. No. e. Yes. 13. c. Yes. Profits would increase by $7×1‚000=$7‚000. 15. b. This constraint is nonbinding and its RHS could by 0.15 without affecting the solution. 17. c. Regular octane rating = 90.0‚ supreme octane rating = 102.11. 19. b. Location 6. 21. b. Macon. Each additional unit of capacity there increases costs by $36.45 (which is the cheapest way to increase capacity). e. $1 extra. 23. c. $0. 25.
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mangosteen skins? 4. Which plant extract when combined with alum is suitable for dyeing a synthetic fiber? 5. Which plant extract when combined with copper sulfate is suitable for dyeing cotton? 6. Does the acidity-basicity of the dye solution affect the quality of the dyed product? What you need Dye materials: plant parts such as peelings of mangosteen fruit‚ purple camote‚ and eggplant or red mayana and pandan leaves Fabrics: cotton‚ rayon‚ or any synthetic fiber Mordants:
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Refining Solutions Sheri Johnson PHL/458 February 11‚ 2013 David McCarthy Refining Solutions 1. How exactly will your solution be applied? List all steps and all important details. Forming a watershed group that will look out for the protection of the Birch River area as far as environmental‚ water quality and recreation opportunities go. The first thing would be to make that important first decision to form the group. Secondly‚ interest must be gauged by having meetings in the area to see
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world’s most lucrative mobile social gaming companies. Its success in Japan was due both to the in-house games and also to the development platform it provided to third-party game designers. Its greatest challenge ended up being to replicate the prosperity of this two-pronged strategy in marketplaces around the globe‚ where it needed to contend not only with lots of other game developers (e.g. Zynga)‚ but additionally using the mobile platform companies themselves (e.g. Apple’s iOS and Google’s Android)
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The world has so many problems that seem unrealistic to fix; poverty‚ bullying‚ terrorism global warming it’s overwhelming. Most people believe that homelessness is one of those but they are wrong. The solution to homelessness is to put the homeless people in homes. Specifically foreclosed homes. The ratio of foreclosed homes to homeless people in the United States is about six to one. Every single homeless person in the United States could be housed in a foreclosed home and there would still
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