In: Advanced Math
How does the demand multiplier in the open economy compare with the one in the closed economy (smaller, bigger or the same)? Explain briefly.
In: Economics
What do you understand by closed-loop marketing, and how might this be better applied in an organization with which you are familiar?
In: Operations Management
Turing Machine and Closure Operations
Show that Turing-decidable languages are closed under the following operations:
union
concatenation
star
In: Computer Science
Answer the next 3 questions based on this information
Despite having a near-monopolistic market position, poor management and operational practices have left the Nautical Boating Network Corporation (NBN Co for short) significantly underfunded and needing to raise more capital. Because of its monopolistic position, debt holders are willing to lend NBN an additional $100 million, at a 1% premium to their current before-tax cost of debt of 4%. (This cost of debt of 5% will apply to all company debts after the debt raising). Even with its questionable management team, the additional debt is not expected to increase the risk of financial distress for NBN. The current market value of NBN’s assets are $300 million and the current Debt to Equity ratio is 0.5. NBN has a current cost of equity of 8% and is subject to a 30% corporate tax rate.
What is NBN’s current before-tax WACC?
6.67%
7.00%
6.00%
6.50%
If NBN’s unlevered cost of equity is currently 7.2%, what will be the new cost of equity after the debt raising?
12.00%
10.25%
11.00%
9.40%
If NBN’s cost of equity after the debt raising is 10%, what will be the after-tax WACC after the debt raising?
6.75%
5.81%
6.65%
6.17%
6.20%
In: Finance
Your friend, Liz, loves to shop at Target and is now interested in investing in the company. Tom, another friend, has told her that Target’s debt structure is risky with obligations of nearly 74% of total assets. Liz sees that debt on the balance sheet is 65% of total assets and is confused by Tom’s comment. Write an explanation to Liz discussing the debt structure of Target and why Tom thinks Target is risky. Be sure to explain clearly what information appears on financial statements, as well as what information does not appear directly on the financial statements. Use the information below in your discussion.
At fiscal year-end February 2, 2008, Target Corporation had the following assets and liabilities on its balance sheet (in millions):
| Current liabilities | $11,782 |
| Long-term debt | 15,126 |
| Other liabilities | 2,345 |
| Total assets | 44,560 |
Target reported the following information on leases in the notes to the financial statements:
Total rent expense was $165 million in 2007, $158 million in 2006, and $154 million in 2005, including percentage rent expense of $5 million in 2007, 2006, and 2005. Most long-term leases include one or more options to renew, with renewal terms that can extend the lease term to more than 50 years. Certain leases also include options to purchase the leased property.
Future minimum lease payments required under non-cancellable lease agreements existing at February 2, 2008, were:
| Future Minimum Lease Payments (in Millions) | Operating Leases | Capital Leases |
| 2008 | $ 239 | $ 12 |
| 2009 | 187 | 16 |
| 2010 | 173 | 16 |
| 2011 | 129 | 16 |
| 2010 | 123 | 17 |
| After 2010 | 2, 843 | 155 |
| Total future minimum lease payments | $3694 (a) | $232 |
| Less: Interest (b) | (105) | |
| Present value of minimum capital lease payments | $127 (c) |
(a) Total contractual lease payments include $1,721 million
related to options to extend lease terms that are reasonably
assured of being exercised, and also include $98 million of legally
binding minimum lease payments for stores that will open in 2008 or
later.
(b) Calculated using the interest rate at inception of each
lease.
(c) Includes current portion of $4 million.
In: Finance
Question : Healthcare startups struggle to navigate a business world that’s set up for them to fail them
Challenge 1: Institutional policies and hierarchical systems stunt innovation
Challenge 2: Healthcare doesn’t understand early-stage tech companies
Challenge 3: Pilots are set up to hurt more than help.
Promising opportunities ahead
Please explain those context
In: Accounting
c. Diffusion.
i. Define it,
ii. Explain how it works,
iii. Give 3 examples involving firms that have lead diffusion of
some innovation and why these represent good examples of
diffusion,
iv. Discuss how diffusion might be affected by a slow growth / no
growth economy.
1. Since diffusion is not free, how might it be impacted by
economies that are not growing or only growing slowly?
In: Economics
What are the best arguments for awarding a "property right" specifically a patent, to the discoverer of any new and useful idea? Please state clearly atleast one objection to allowing ideas to be privately owned. And also is there an alternative government policy to encourage innovation that avoids the stated problem? Which is superior, from a law and economics perspective - the patent/property right solution or your alternative?
Please explain in detail.
In: Economics
Can you think of an example of a successful a) first mover, b) early follower, and c) late entrant? Can you think of unsuccessful examples of each? Dont copy paste from the websites.
Please answer in more than 350 words and only in word format no images.
Please answer all the questions asked. Explain the examples.
Subject: Management of Technological Innovation
Thanks
In: Operations Management