How would you describe the schools of ethical thought?

Page 261 BETHESDA MINING COMPANY Bethesda Mining is a midsized coal mining company with 20 mines located in Ohio, Pennsylvania, West Virginia, and Kentucky. The company operates deep mines as well as strip mines. Most of the coal mined is sold under contract, with excess production sold on the spot market. The coal mining industry, especially high-sulfur coal operations such as Bethesda, has been hard-hit […]

“Diversification” Please respond to the following: Justify whether the standard deviation or covariance is the most significant measurement when adding a risky asset to an already highly risky portfolio. Provide support for your justification. An investor ponders various allocations to the optimal risky portfolio and risk-free T-bills to construct his complete portfolio. Predict two ways that the Sharpe ratio of the complete portfolio could be affected […]

 PROBLEMS : 6. You have been offered a unique investment opportunity. If you invest $10,000 today, you will receive $500 one year from now, $1500 two years from now, and $10,000 ten years from now. What is the NPV of the opportunity if the cost of capital is 6% per year? Should you take the opportunity? What is the NPV of the opportunity if the […]

Mini Case: Turkish Lira and the Purchasing Power ParityVeritas Emerging Market Fund specializes in investing in emerging stock markets of the world.Mr. Henry Mobaus, an experienced hand in international investment and your boss, is currentlyinterested in Turkish stock markets. He thinks that Turkey will eventually be invited to negotiateits membership in the European Union. If this happens, it will boost the stock prices in Turkey.But, […]

Question 1 The Buck Store is considering a project that will require additional inventory of $216,000 and will increase accounts payable by $181,000. Accounts receivable are currently $525,000 and are expected to increase by 9 percent if this project is accepted. What is the project’s initial cash flow for net working capital? [removed]   -$82,250 [removed]   -$12,250 [removed]   $12,250 [removed]   $36,250 [removed] […]

Calculating Annuities you are planning to save for retirement over the next 30 years. To do this, you will invest $600 a month in a stock account and $300 a month in a bond account. The return of the stock account is expected to be 12 percent, and the bond account will pay 7 percent. When you retire, you will combine your money into an […]

You are considering a new product launch. The project will cost $1,900,000, have a four-year life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 180 units per year; price per unit will be $23,000, variable cost per unit will be $14,500, and fixed costs will be $530,000 per year. The required return on the project is 15 percent, and […]

Multiple Question 1. Expense A is a fixed cost; expense B is a variable cost. During the current year the activity level has increased, but is still within the relevant range. In terms of cost per unit of activity, we would expect that: [removed]A) expense B has increased.[removed]B) expense B has decreased.[removed]C) expense A has decreased.[removed]D) expense A has remained unchanged. 2. Chabud Corporation uses the weighted-average method in […]

Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $15 million. The machinery can be sold to the Romulans today for $14.2 million. Klingon’s current balance sheet shows net fixed assets of $12 million, current liabilities of $880,000, and net working capital of $225,000. If all the current assets were liquidated today, the company would receive $1.07 million cash.