In recent history we have seen a lot of corporate malfeasance when it comes to manipulating...

In recent history we have seen a lot of corporate malfeasance when it comes to manipulating financial statements in order to put the Corporation in a better light than it actually is. Do you believe that the current legislation regarding falsifying of financial statements was effective in slowing down or stopping altogether instances where corporate managers are committing fraud?

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a) we have seen, a lot of effort is involved in determining the cost of materials,...

a) we have seen, a lot of effort is involved in determining the cost of materials, labors and overhead in a manufacturing process. What’s the goal of all this effort? b)Assume that a company has met the goal described above, what does the company then do with the information obtained? c) Provide a specific example of the company’s use of the information gathered?

Unfortunately, in recent times we have seen a number of examples of unethical behavior in organizations,...

Unfortunately, in recent times we have seen a number of examples of unethical behavior in organizations, often tied to the organization's handling of finances. Locate a current Wall Street Journal article that discusses ethical issues facing the top leadership or financial managers in today's corporate environment regarding their approach to the financial matters of the firm. Summarize the article. In addition, discuss what pressures exist that might encourage unethical behavior, particularly as it pertains to the firm's financial reporting or...

In recent years, we have seen many European nations join together and create the European Central...

In recent years, we have seen many European nations join together and create the European Central Bank. It was created to utilize one form of currency for many nations, thus creating stability for this currency. As the globalization of all economic activity continues at a rapid pace, is the world ready for a unified global currency common unit? Or do you feel that the world should continue to use multiple currencies? Explain.

When it comes the subject of Economics. Why could advertising be seen as a benefit towards...

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When it comes to the History of Economic Thought: A Critical Perspective by E.K Hunt Jevons demonstrated that consumers’ demand behavior could be derived from consumer’s utility maximization. In a context of two commodities (X and Y), give a simple and brief proof that a utility-maximizing consumer would exchange the two commodities up to the point where the relative ratio of marginal utility between the two commodities exactly equals their relative price ratio. What is General Equilibrium? Explain how Walras...

When it comes to the History of Economic Thought: A Critical Perspective by E.K Hunt Explain...

When it comes to the History of Economic Thought: A Critical Perspective by E.K Hunt Explain the neoclassical theoretical argument that competitive capitalism should automatically self-adjust to achieve full employment equilibrium. During the Great Depression, real wage did not increase. Why was this economic fact in contradiction with the neoclassical (and Keynes’s) theory of employment? How was Keynes’s theory of interest rate and saving different from the neoclassical one? Why did Keynes believe that there were situations where monetary policy...

"The only thing we learn from history is that we learn nothing from history" Have regulators...

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We have seen in lectures that if 50 people are chosen at random then there is...

We have seen in lectures that if 50 people are chosen at random then there is a 97% chance that at least two of them share the same birthday. Use similar calculations to answer the questions below. Assume that an ANU student is equally likely to have any one of 000 ... 999 as the last three digits of their ID number. (a) What is the percentage chance that in a working group of five students at least two have...

Consider some of the disaster events we have experienced or that you have seen in the...

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When we are studying capital budgeting, we go through a lot of work to come up...

When we are studying capital budgeting, we go through a lot of work to come up with an investment decision. However, we have made many assumptions along the way to form what seems like a value-maximizing decision. Choose an assumption that we make and discuss the risks associated with that assumption.

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