Strategy Problem Problem 1 – Chapter 20 Firm A has $10‚000 in assets entirely financed with equity. Firm B also has $10‚000 in assets‚ but these assets are financed by $5‚000 in debt (with a 10 percent rate of interest) and $5‚000 in equity. Both firms sell 10‚000 units of output at $2.50 per unit. The variable costs of production are $1‚ and fixed production costs are $12‚000. (To ease the calculation‚ assume no income tax.) A. What if the operating income (EBIT) for both firms? Sales/Revenue:
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The 10‚000-hour rule‚ popularized by Malcolm Gladwell‚ is considered a key to success. Though hard work is necessary for mastering something‚ do we really need to spend 10‚000 hours or is there more to this than Gladwell presented in his book Outliers? With further research it was found that 10‚000 hours is not the end all be all for mastery. In fact‚ Gladwell was wrong because he oversimplified what is necessary for mastery and the amount of work people need to put in by a long shot. In chapter
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TB1 (Case/Fair/Oster) Chapter 6 Measuring National Output and National Income 6.1 Gross Domestic Product 1 Multiple Choice 1) The total market value of all final goods and services produced within a given period by factors of production located within a country is A) gross domestic product. B) gross national product. C) net national product. D) net national income. Answer: A Diff: 1 Topic: Gross Domestic Product
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Steven Bernal Income Distribution Egoist The manner in which Income is being distributed in today’s society is not efficiently benefiting individuals. Struggling businesses are unable to afford an adequate number of employees due to minimum wage requirements and this in turn is taking away the opportunity of less qualified personnel to obtain the position for less pay and receive training. People are looking to tax inheritance in hopes of creating a more equal opportunity for everyone
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Income Tax Is not one Tax but an Aggregation Of Taxes Tax is a fee charge by the Govt. on any product income or activity. Taxes in India are of two types‚ Direct Tax and Indirect Tax. Direct Tax‚ like income tax‚ wealth tax‚ etc. are those whose burden falls directly on the taxpayer. The burden of indirect taxes‚ like service tax‚ VAT‚ etc. can be passed on to a third party. Income Tax is all income other than agricultural income levied and collected by the central government and shared
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Transaction‚ Operating‚ & Accounting (Translation) Exposures Foreign Exchange Exposure – measures the potential for a firm’s profitability‚ net cash flow‚ and market value to alter because of a change in exchange rates. Q: What are the three main foreign exchange exposures? A: 1) Transaction Exposure 2) Operating Exposure 3) Accounting Exposure Transaction Exposure – measures changes in the value of outstanding financial obligations incurred prior to a change in exchange rates.
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term used for young women of the time who slicked back her hair‚ wore fashionable camel-hair jackets loos‚ flannel pants and long raccoon coats (Chris Routledge‚ Sara Pendergast‚ and Edward Moran: 2012). Even though there were two types of women in the 20’s‚ flappers were the most popular. Some may believe that the reason the clothing style was so highly liked‚ even until this day‚ is because it was more “sinful” and “disgraceful” than what was worn in the decades before. Flappers had a unique attitude
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Assignment 20 A 1- Which of the following oxidation numbers in the species given is incorrect? a) SO32−; S +4‚ O −2 b) ClO3−; Cl +5‚ O −2 c) H2C2O4; H 1+‚ C 3+‚ O 2− d) H2O2; H +1‚ O −1 e) Ca(ClO)2; Ca +2‚ Cl +2‚ O −2 f) Zn(NH3)6Cl2; Zn 2+‚ N 3−‚ H 1+‚ Cl 1− (Cl is +1 in this compound. Ca: 1 × (+2) = +2. O: 2 × (−2) = −4. Charge on the compound = 0; therefore‚ (+2) + (−4) + 2 × Cl = 0. The charge on Cl is 1+.) 2- A voltaic cell is constructed. One electrode compartment consists of a zinc strip placed
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After doing this assignment I realized some of the reason that low-income families do what they do. It is very hard for a family to live off of a minimum wage salary; it doesn’t matter if it is a single parent or a two-parent household. The more people are in a household‚ the more expenses there will be‚ I never really thought about that concept until doing this assignment. Something’s that some people might take for granted can actually be a luxury to others. A car for example‚ I never realized
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Permanent Income Hypothesis Introduction The basic idea is that people’s income has a random element to it and also a known element to it and that people try to smooth the random part using saving and borrowing. Hence‚ we need to distinguish between permanent income and transitory income. Example: Suppose that you are working and receive an annual salary of twenty thousand dollar. Suppose that you expect to get that salary every year in the future. Then twenty thousand dollar represents the
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