Homework 2 Solution Key Problem 1. Suppose that you sell short 500 shares of Intel‚ currently selling for $40 per share‚ and you give your broker $15‚000 to establish your margin account. Assume Intel pays no dividends. a) If you earn no interest on the funds in your margin account‚ what will be your rate of return after one year if Intel stock is selling at (i) $44; (ii) $40; (iii) $36? The gain or loss on the short position is 500 P . Invested funds are $15‚000. Therefore‚ your rate
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SADM 7/ed – CTTS CASE STUDY - Introduction Page: I-1 Client Technology Tracking System INTRODUCTION I n this section you will learn background information that will prepare you to understand and complete each of the milestones of this case study. This information includes a history of the business‚ a description of the business’s current facilities‚ and the descriptions of the problems that triggered the project. Case Background Coastline Systems Consulting is a provider of managed
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Solution to the Case Study: “Levi Strauss’s Goes Global” Book: Organizational Theory‚ Design‚ and Change Fifth Edition Page 235 Gareth R. Jones Discussion Question 1 and 2 1. How does Levi Strauss take advantage of the global environment? 2. What structure does Levi Strauss use to implement its strategy? This case demonstrates how a company can pursue a transnational strategy and which organizational structure supports this strategy. “Levi Strauss”‚ the company under discussion
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What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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Kanthal Case Study Solutions INTRODUCTION: Kanthal is company that specializes in the production and sales of electrical resistance heating elements. Kanthal has about 10‚000 customers and they produce about 15‚000 items. The company consists of three divisions and these three divisions are as follows: 1)Kanthal Heating Technology - 25% global market share 2)Kanthal Furnace Products - 40% global market share 3)Kanthal Bimetals - Manufacturer of one of the few fully integrated temperature control
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MARK 373 EXAM TWO STUDY GUIDE Chapter 6: Account planner- the individual at an advertising agency primarily responsible for account planning. Marketing research- the systematic gathering‚ recording and analysis of information to help managers make marketing decisions. Marketing Research does a number of things: * It helps identify consumer needs and market segments * It provides the information necessary for developing new products and devising marketing strategies * It enables
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MECHANICAL PROPERTIES Table I lists minimum yield strength‚ minimum ultimate tensile strength‚ and minimum elongation values. Yield strength‚ ultimate tensile strength‚ and elongation property values are determined with standard test method ASTM B557. This table also includes hardness screening criteria values‚ indicated in parentheses. As applicable‚ minimum electrical conductivity values are also specified. TABLE I Minimum Ultimate Tensile Strength3 (ksi) 38.0 38.0 35.0 26.0 38.0 38.0 38.0 25
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1. Case Name‚ Citation‚ and Court Internet Solutions Corp. v. Marshall LEXIS 2826I (2008) The District Court for the Middle District of Florida 2. Key Facts A. Internet Solutions Corp. (ISC)‚ which operates employment recruiting and Internet advertising websites‚ has its principal place of business in Florida. B. Tabatha Marshall‚ a resident of the State of Washington‚ was sued by ISC for making false and defamatory statements on her website. C. Marshall filed a motion to dismiss asserting
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The EOQ Inventory Formula James M. Cargal Mathematics Department Troy University – Montgomery Campus A basic problem for businesses and manufacturers is‚ when ordering supplies‚ to determine what quantity of a given item to order. A great deal of literature has dealt with this problem (unfortunately many of the best books on the subject are out of print). Many formulas and algorithms have been created. Of these the simplest formula is the most used: The EOQ (economic order quantity) or
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One Man’s Mark in History Alexander the Great had what it took to become a great leader. He had culture‚ intelligence‚ and bravery. He was a leader who believed in his people and even granted military favors to his army. As a towering figure in ancient history‚ Alexander came close to conquering the entire civilized world of his day. He was one of the greatest military geniuses in history. (100 Interesting and Amazing Things About Alexander the Great). Alexander had great control in every aspect
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