1． Does the fact that David Myers’ superior‚ Scott Sullivan‚ asked him to make the false accounting entries in WorldCom’s Accounting records diminish Myers’ responsibility for his improper conduct? Defend your answer. I don’t think David Myers’ responsibility for improper conduct diminishes even he is asked by his superior‚ Scott Sullivan. Scott Sullivan has his own fraud because he agreed and goes along with false accounting entries that eventually become part of an 11 billion fraud. Scott will
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David Clarence McClelland (1917 March 27‚ 1998) was an American personality psychologist‚ social psychologist‚ and an advocate of quantitative history. McClelland earned his BA in 1938 at Wesleyan University‚ his MA in 1939 at the University of Missouri‚ and his Ph.D. in experimental psychology at Yale University in 1941. McClelland taught at the Connecticut College and Wesleyan University before accepting‚ in 1956‚ a position at Harvard University. After his 30-year tenure at Harvard he moved
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Capital punishment‚ Death Penalty‚ or execution is the infliction of death upon a person by judicial process as a punishment for an offence. Crimes that can result in a death penalty are known as capital crimes or capital offences. The practice of capital Punishment is as old as government itself. Capital punishment or in easier terms the death penalty is applied to people who have done various forms of bad behavior. Method of execution are crucifixion‚ stoning‚ drowning‚ impaling‚ and beheading
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Capital Punishment “An eye for an eye‚ and a tooth for a tooth‚” is a quote that is presented intermittently when the discussion of capital punishment is conferred. This quote comes from Hammurabi’s Code which is one of the most ancient written law-abiding documents found in the world (Stockdale). It states that if a person commits a crime‚ for example‚ murder‚ the culprit shall receive the equal of the crime; which in this case would be execution. Despite being a popular kind of punishment in
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The Life Story of Elwyn Brooks White Elwyn Brooks White wrote some of the best literature of his time. He had been writing since he was in high school which leads him to receiving all his awards and prizes later in his life. He had wrote several books and articles that got published. His writing soon became recognizable even without him writing his signature on his work. White had a very successful writing career even when some people though he would never make it. (1996) He was born on
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David Mach David Mach is a Scottish sculptor he is also an installation artist. Mach’s artistic style is based on flowing assemblages of mass-produced objects. These include magazines‚ vicious teddy bears‚ newspapers‚ car tyres‚ match sticks and coat hangers. Here are two sculptures of David Mach: Sculpture 1: Gorilla Materials used: -He has used wire hangers in his pieces of art. Mach first creates a plastic base of the figure he then wraps in coat hangers. Hundreds of basic hangers are welded
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Internal capital rationing Impositions of restrictions by a firm on the funds allocated for fresh investment is called internal capital rationing. This decision may be the result of a conservative policy pursued by a firm. Restriction may be imposed on divisional heads on the total amount that they can commit on new projects.Another internal restriction for capital budgeting decision may be imposed by a firm based on the need to generate a minimum rate of return. Under this criterion only projects
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Cost of Capital Definition: cost of capital is the rate of return that a company must earn on its project investments to maintain its market value and attract funds. The cost of capital to a company is the minimum rate of return that is must earn on its investments in order to satisfy the various categories of investors‚ who have made investments in the form of shares ‚ debentures and loans. The cost of capital in operational terms refers to the discount rate that would be used in determining the
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EXECUTIVE SUMMARY. Venture capital is the capital invested in a business where the chances of success are uncertain. It is the term to describe the financing of startup and early stage businesses as well as businesses in ‘’turn around’’ situations. Venture capital investments generally investments generally are higher risk investments but offer the potential for above-average returns. A venture capitalist (VC) is a person who makes such investments. The initial‚ start-up money is referred
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leadership‚ we will explain capital structure and determine weighted average cost of capital (WACC) from the assumption provided by Mary Francis. Furthermore‚ we will show how WACC and Capital Structure can be leveraged to find out the viability of the capital project. Additionally‚ we will explain marginal cost of capital. To close‚ we will make a recommendation on the best approach to apply to project evaluation between capital structure and WACC Capital Structure Capital Structure refers to the
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