Transuburban Ltd, a major construction company, is planning to submit a quote to build the Robert Mitcham Tollway. However, the company finance manager is unsure of the required rate of return to use in her calculations. She has offered you a free G tag if you could provide information on the appropriate ‘discount rate’. To…
The Directors of the Ritchiemond Football Club (a tax paying entity) are very concerned about the club’s lack of success over recent years. They are seriously considering the purchase of 20 new football robots that are being manufactured in Tegucigalpa. These robots will replace 20 of the players the club fields each week. The robots…
Define the following terms (and give an example where appropriate) IPO Secondary Market Page 8 ASX Efficient Market Hypothesis Rights Issue Refer to your text book
Explain why the risk of a portfolio of two stocks can be less than the individual risk of each of those stocks individually. Portfolio Risk – Systematic Risk Individual Risk – Systematic and Unsystematic Diversify unsystematic or unique risk If a company has a β of 1.5 what does this mean? Systematic risk is 1.5…
Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: The same raw material is used in all three products. Barlow Company has only 6,000 pounds of raw material on hand and will not be able to obtain any more of it…
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $350,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and…
Portsmouth Company makes fine colonial reproduction furniture. Upholstered furniture is one of its major product lines and the bottleneck on this production line is time in the upholstery shop. Upholstering is a craft that takes years of experience to master and the demand for upholstered furniture far exceeds the company’s capacity in the upholstering shop….
Americans claim to believe in equality, as illustrated by the Pledge of Allegiance below. What events in American history support this claim? What events refute it? What do you think the future of equality will be in America?
Both Brexit and Trump winning the Presidential Election in the USA were considered highly unlikely events just a few years ago. Many see similarities between the two events, both in causes, effects and political dynamics. Write a text where you compare Brexit and the election of Donald Trump as political phenomena.
Explain the concept “The American Dream” and its historical development. Discuss whether the dream can be said to still be alive in the USA today and to whom. Use examples from relevant sources in your answer.
