The Judgment of Solomon Elizabeth and Mary appear before King Solomon at his palace, along with…

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The Judgment of Solomon Elizabeth and Mary appear before King Solomon at his palace, along with an infant. Each woman claims that the infant is her child. The child is “worth” 100 dinars to his true mother, but he is only “worth” 50 dinars to the woman who is not his mother. The king knows that one of these two women is the true mother of the child, and he knows the “value” that the true mother ascribes to the child, and the “value” that the impostor ascribes to the child, but he does not know which woman is the true mother, and which the impostor. To determine which of the two women is the true mother, the king explains to Elizabeth and Mary that he will implement the following steps:

(i) He will ask Elizabeth whether the child is hers. If she answers negatively, the child will be given to Mary. If she answers affirmatively, the king will continue to the next step.

(ii) He will ask Mary if the child is hers. If she answers negatively, the child will be given to Elizabeth. If she answers affirmatively, Mary will pay the king 75 dinars, and receive the child, and Elizabeth will pay the king 10 dinars.

Answer the following questions:

(a) Describe the mechanism implemented by the king using two extensive-form games: in one extensive-form game Elizabeth is the true mother of the child, and in the second extensive-form game Mary is the true mother of the child.

(b) Prove that the mechanism implemented by the king guarantees that despite the fact that he does not know which of the above extensive-form games is being played, in each game the only subgame perfect equilibrium is the one under which the true mother gets her child and neither woman pays anything at all.

(c) Find another equilibrium of each game, which is not the subgame perfect equilibrium.

 

Weighted Average Cost of Capital

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Coogly Company is attempting to identify its weighted average cost of capital for the coming year and has hired you to answer some questions they have about the process. They have asked you to present this information in a PowerPoint presentation to the company’s management team.  The company would like for you to keep your presentation to approximately 10 slides and use the notes section in PowerPoint to clarify your point. Your presentation should address the following questions and offer a final recommendation to Coogly. Make sure you support your answers and clearly explain the advantages and disadvantages of utilizing the weighted average cost of capital methodology. Include at least one graph or chart in your presentation.

 

Company Information

 

The capital structure for the firm will be maintained and is now 10% preferred stock, 30% debt, and 60% new common stock.  No retained earnings are available.   The marginal tax rate for the firm is 40%.

 

  1. Coogly has outstanding preferred stock That pays a dividend of $4 per share and sells for $82 per share, with a floatation cost of $6 per share. What is the component cost for Coogly’s preferred stock? What are the advantages and disadvantages of using preferred stock in the capital structure?
  2. If the company issues new common stock, it will sell for $50 per share with a floatation cost of $9 per share. The last dividend paid was $3.80 and this dividend is expected to grow at a rate of 7% for the foreseeable future. What is the cost of new equity to the firm? What are the advantages and disadvantages of issuing new equity in the capital structure?
  3. The company will use new bonds for any capital project, according to the capital structure. These bonds will have a market and par value of $1000, with a coupon rate of 6% and a floatation cost of 7%. The bonds will mature in 20 years and no other debt will be used for any new investments. What is the cost of new debt? What are the advantages and disadvantages of issuing new debt in the capital structure?
  4. Given the component costs identified above and the capital structure for the firm, what is the weighted average cost of capital for Coogly? What are the advantages and disadvantages of using this method in the capital budgeting process?

 

 

 

Format

 

Introduction

 

Issue A narrative

 

Issue A calculation with answer highlighted

 

Issue B narrative

 

Issue B calculation with answer highlighted

 

Continue with each question narrative

 

Continue with each calculation with answer highlighted

 

Conclusion

 

Remember the slide must be at least 10 slides with notes. I would suggest setting the assignment up as follows:  

 

Cover slide

 

A slide for each question A – D.  You might put the calculations and answer on one slide and then use another slide to list advantages and disadvantages.  You could discuss and explain these slides in the Notes of the Power Point.  

 

Offer a final recommendation on a slide.  Support your work.

 

Include one chart or graph on a slide.  For this you could use the interest rates you have calculated.  Discuss and explain them in the Notes.

 

A references slide.

 

A final ‘The End’ slide.

 

Respond on the Issues of JPMorgan Chase

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Assignment 2: JPMorgan Chase

In the summer of 2012, JPMorgan Chase, the biggest U.S. bank, announced trading losses from investment decisions made by its Chief Investment Office (CIO) of $5.8 billion. The Securities and Exchange Commission (SEC) was provided falsified first quarter reports that concealed this massive loss.
 
Use the Internet or Strayer databases to research a different bank of your choosing.

Write a three to four (4-5) page paper in which you:

  1. Discuss how administrative agencies like the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC) take action in order to be effective in preventing high-risk gambles in securities / banking, a foundation of the economy.
  2. Determine the elements of a valid contract, and discuss how consumers and banks each have a duty of good faith and fair dealing in the banking relationship.
  3. Compare and contrast the differences between intentional and negligent tort actions
  4. Discuss the tort action of “Interference with Contractual Relations and Participating in a Breach of Fiduciary duty” and, if the bank you’ve chosen were to behave as JP Morgan did, would you be able to prevail in such a tort action.
  5. With the advent of mobile banking, discuss how banks have protected the software that allows for online transaction to occur through automation.
  6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality as academic resources. 
Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. 
The specific course learning outcomes associated with this assignment are:
  • Describe the legal environment of business, the sources of American law, and the basis of authority for government to regulate business.
  • Describe the elements of a contract and explain the basic provisions of contract law relative to offer, acceptance, capacity, legality, fraud, third-party rights, performance, and breach of contract.
  • Explain the components of the Uniform Commercial Code (UCC) relative to sales and lease contracts and the basic provisions of the UCC addressing sales / lease contracts, title, risk, insurable interests, and the performance and breach of contracts.
  • Use technology and information resources to research issues in business law.
  • Write clearly and concisely about business law using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.

FOR NANCY CAROL ONLY

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Read the Ajax Minerals exercise and the Problems at Perrier case study in Chapter 6 of the Palmer textbook.

Write a six to eight (6-8) page paper in which you:

  1. Identify two (2) sources of resistance to change in the Ajax Minerals exercise and describe how the organization dealt with each type of resistance. 
  2. Identify two (2) sources of resistance to change in the Perrier case study and describe how the organization dealt with each type of resistance. 
  3. Compare and contrast how management diagnosed and approached change at the two (2) companies and indicate which company dealt with resistance to change in a more effective manner. Justify the reasoning.  
  4. Consider a situation as a consultant with Ajax Management. Propose two (2) adjustments that should be made to improve its change strategy and provide a justification as to why those adjustments would improve the effectiveness of the strategy.
  5. Consider a situation as a consultant with Perrier. Propose at least two (2) adjustments that should be made to improve its change strategy and provide a justification as to why those adjustments would increase the effectiveness of the strategy.
  6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Answer two questions

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By having an understanding of the product life cycle, businesspeople can make savvy marketing choices. What is a popular item today that you’ve seen go through the product life cycle? Explain the characteristics for each phase of the product’s life cycle. How can each phase of the life cycle impact the product’s brand? You must use the text and at least one additional scholarly source. 

 

Visit Minimus.biz (Follow the link located in required resources), a company specializing in individually-sized products. Review the different product categories along the left navigation panel of the home page.  How might these items be combined to create a usage group like a “convention survival package” or “campers’ kit”? Explain the reason for your choice.

Which items, if purchased, might create complementary demand for another item in the line? Explain how it might accomplish this?

Which items might substitute for another item?  Why did you choose that substitute and how might it affect demand?

You ’ ve just been hired onto ABC Company as the corporate controller. ABC Company is a…

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You’ve just been hired onto ABC Company as the corporate controller. ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual sales of around $1.2 million, a 25% increase from the previous year. The company has an aggressive growth target of reaching $3 million annual sales within the next 3 years. The CEO has been trying to find additional products that can leverage the current ABC employee skillset as well as the manufacturing facilities.

As the controller of ABC Company, the CEO has come to you with a new opportunity that he’s been working on. The CEO would like to use the some of the shingle scrap materials to build cedar dollhouses. While this new product line would add additional raw materials and be more time-intensive to manufacture than the cedar shingles, this new product line will be able to leverage ABC’s existing manufacturing facilities as well as the current staff. Although this product line will require added expenses, it will provide additional revenue and gross profit to help reach the growth targets. The CEO is relying on you to help decide how this project can be afforded. Provide details about the estimated product costs, what is needed to break even on the project, and what level of return this product is expected to provide.

Financial information is contained in this document Final Paper Spreadsheet

Write a five- to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center . Your paper should consist of the following sections:

Introduction

Risk Profile

An overall risk profile of the company based on current economic and industry issues that it may be facing.

Cash Flow Statement

You need to complete a cash flow statement for the company using the direct method.

Once you’ve completed the cash flow statement, answer the following questions:

What does this statement of cash flow tell you about the sources and uses of the company funds?

Is there anything ABC Company can do to improve the cash flow?

Can this project be financed with current cash flow from the company? Why or why not?

If the company needs additional financing beyond what ABC Company can provide internally (either now or sometime throughout the life of the project), how would you suggest the company obtain the additional financing, equity or corporate debt, and why?

Product cost

ABC Company believes that it has an additional 5,000 machine hours available in the current facility before it would need to expand. ABC Company uses machine hours to allocate the fixed factory overhead, and units sold to allocate the fixed sales expenses. Bases on current research, ABC Company expects that it will take twice as long to produce the expansion product as it currently takes to produce its existing product.

What is the product cost for the expansion product under absorption and variable costing?

By adding this new expansion product, it helps to absorb the fixed factory and sales expenses. How much cheaper does this expansion make the existing product?

Assuming ABC Company wants a 40% gross margin for the new product, what selling price should it set for the expansion product?

Assuming the same sales mix of these two products, what are the contribution margins and break-even points by product?

Potential investments to accelerate profit

ABC company has the option to purchase additional equipment that will cost about $42,000, and this new equipment will produce the following savings in factory overhead costs over the next five years:

Year 1, $15,000

Year 2, $13,000

Year 3, $10,000

Year 4, $10,000

Year 5, $6,000

ABC Company uses the net-present-value method to analyze investments and desires a minimum rate of return of 12% on the equipment.

What is the net present value of the proposed investment (ignore income taxes and depreciation)?

Assuming a 5-year straight-line depreciation, how will this impact the factory’s fixed costs for each of the 5 years (and the implied product costs)? What about cash flow?

Considering the cash flow impact of the equipment as well as the time-value of money, would you recommend that ABC Company purchases the equipment? Why or why not?

Conclusion

What are the major risk factors that you see in this project?

As the controller and a management accountant, what is your responsibility to this project?

What do you recommend the CEO do?

Section heading titles should be centered and in bold. Your paper needs to include a minimum of two scholarly resources in addition to the textbook as references. Be sure to integrate your research rather than simply insert it.

Writing the Final Paper

Must be five to seven double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center. Excluding the title page and reference page.

Must include a title page with the following:

Title of paper

Student’s name

Course name and number

Instructor’s name

Date submitted

Must use at least two scholarly sources in addition to the course text. Be sure to integrate your research rather than simply insert it.

Must document all sources in APA style as outlined in the Ashford Writing Center and here and here.

Must include a separate reference page, formatted according to APA style as outlined

There are a number of facilitators and inhibitors to communication when it comes to interviewing in

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There are a number of facilitators and inhibitors to communication when it comes to interviewing in fraud examinations Do you think there are other facilitators and inhibitors that are important? Provide possible examples

Research Evaluation

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Using the EBSCOhost Library, identify a professional journal that is relevant to Effective Organizations: Theory and Practice.

Select a current (2010-2012) research article related organizational culture.  Read the article carefully and complete the Critical Thinking Research Evaluation Table.

Use academic writing style, clear and concise language, and well-constructed paragraphs (a minimum of three sentences are required to develop a paragraph). 

Ensure complete adherence to graduate APA formatting standards.

Limit the length to 400 to 600 words

ORG502_Module04_Critical Thinking Research Evaluation Table.pdf 

If sin x= 8/17 and tan y= 35/37, find tan(x+y)

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If sin x= 8/17 and tan y= 35/37, find tan(x+y)

Does the fnding that Inuit Eskimos have 20 words for snow (if true) necessarily mean that native…

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Does the fnding that Inuit Eskimos have 20 words for snow (if true) necessarily mean that native speakers of Inuit actually perceive more varieties of snow than speakers of English?