Questions
Case Study Louise Simms, newly graduated with a master of business administration (MBA) degree, was hired...

Case Study
Louise Simms, newly graduated with a master of business administration (MBA) degree, was hired by a prestigious multinational firm based in the United States. With minimal training, she was sent to join a company partner to negotiate with a high- ranking Middle Eastern government official. The partner informed Simms that he would introduce her to the government contact and then leave her to “get the job done.” Her assignment was to “do whatever it takes to win the contract: it’s worth millions to us.” The contract would enable Simms’ firm to select and manage technology companies that would install a multimillion-dollar computer system for that government. While in the country, Simms was told by the official that Simms’ firm had “an excellent chance of getting the contract” if the official’s nephew, who owned and operated a computer company in that country, could be assured “a good piece of the action.” On two different occasions, while discussing details, the official attempted unwelcome advances toward Simms. He backed off both times when he observed her subtle negative responses. Simms was told that “the deal” would remain a confidential matter and the official closed by saying, “That’s how we do business here; take it or leave it.” Simms was frustrated about the terms of the deal and about the advances toward her. She called her superior in Chicago and urged him not to accept these conditions because of the questionable arrangements and also because of the disrespect shown toward her, which she said reflected on the company as well. Simms’ supervisor responded, “Take the deal! And don’t let your emotions get involved. You’re in another culture. Go with the flow. Accept the offer and get the contract groundwork started. Use your best judgment on how to handle the details.” Simms couldn’t sleep that night. She now had doubts about her supervisor’s and the government administrator’s ethics. She felt that she had conflicting priorities. This was her first job and a significant opportunity. At the same time, she had to live with herself.

Question:
Apply the Ethical Relativism Approach to Simms's case.

In: Psychology

Consider the following marginal benefit (demand) curves of two individuals for a certain good: MBA(q) =...

Consider the following marginal benefit (demand) curves of two individuals for a certain good: MBA(q) = 100 – q and MBB(q) = 300 – q.

Consider the Marginal Private Costs of providing Fireworks in The Park, MC(q) = 50 + q.

  1. Find qM, the amount of Fireworks in the Park provided by the Market, when individuals provide the good with no co-operation and act only in their self-interest.
  2. What is the efficient level of Fireworks in the Park, q*?
  3. Person B brings a friend to the park (person C), with the same MB curve as theirs (MBC = 300 – q). Find the new quantity provided by the Market (qM) and the new efficient level of Fireworks in the Park (q*).
  4. Despite being visually appealing, fireworks are known to cause negative externalities such as noise pollution and increased deaths by heart attacks in dogs. We estimated the marginal external costs of Fireworks in the Park, MEC (q) = 70 + q. What is the new efficient level of Fireworks in the Park? Consider the MSB curve found in part f, which includes person C. How does this new efficient allocation compare to the Market equilibrium, qM, found in f?

In: Economics

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 8,600 in the first year, with growth of 8 percent each year for the following four years (Years 2 through 5). Production of these lamps will require $51,000 in networking capital to start. Total fixed costs are $111,000 per year, variable production costs are $24 per unit, and the units are priced at $52 each. The equipment needed to begin production will cost $191,000. The equipment will be depreciated using the straight-line method over a five-year life and is not expected to have a salvage value. The effective tax rate is 35 percent, and the required rate of return is 25 percent. What is the NPV of this project?

In: Finance

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this causal surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 10,900 in the first year, with growth of 8 percent each year for the next five years. Production of these lamps will require $63,000 in net working capital to start. Total fixed costs are $152,000 per year, variable production costs are $20 per unit, and the units are priced at $63 each. The equipment needed to begin production will cost $620,000. The equipment will be depreciated using the straight-line method over a 5-year life and is not expected to have a salvage value. The tax rate is 24 percent and the required rate of return is 16 percent. What is the NPV of this project?

In: Finance

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 8,700 in the first year, with growth of 5 percent each year for the next five years. Production of these lamps will require $52,000 in net working capital to start. The net working capital will be recovered at the end of the project. Total fixed costs are $112,000 per year, variable production costs are $25 per unit, and the units are priced at $55 each. The equipment needed to begin production will cost $192,000. The equipment will be depreciated using the straight-line method over a five-year life and is not expected to have a salvage value. The effective tax rate is 34 percent and the required rate of return is 30 percent.

What is the NPV of this project?

In: Finance

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 8,400 in the first year, with growth of 5 percent each year for the next five years. Production of these lamps will require $49,000 in net working capital to start. The net working capital will be recovered at the end of the project. Total fixed costs are $109,000 per year, variable production costs are $20 per unit, and the units are priced at $48 each. The equipment needed to begin production will cost $189,000. The equipment will be depreciated using the straight-line method over a five-year life and is not expected to have a salvage value. The effective tax rate is 38 percent and the required rate of return is 20 percent. What is the NPV of this project?

In: Finance

I need recommendations, comments for project proposal of my MBA Capstone project, is it right topic...

I need recommendations, comments for project proposal of my MBA Capstone project, is it right topic which i chose, description, problem to be addressed?  I begin my graduate capstone project i need just opinion of experts if I am on the right way. This was requirements from my professor:

Week 1: Project Proposal

Describe in 2-3 sentences (a short paragraph) the project proposal that contains the following:

1.Introduction and description of your selected business environment

2.Problem to be Addressed

And this is my answer:

The impact of health issues on the US economy


Introduction And Description Of Your Selected Business Environment
The economy of the United States is mixed and highly developed. It is currently considered the
largest economy in the world in terms of nominal GDP and net worth and is also the second-
largest by purchasing power parity (PPP). The US economy has improved tremendously in the
last ten years, with the unemployment rate shifting to its lowest in 50 years, and this is attributed
to multi-sectoral factors that have an unmeasured and unregulated influence on the economy.
Problem to be addressed
Health care issues such as the current global health pandemic are a great threat to the economy of
the United States, where consumers and businesses have now radically curtailed the operations
and changed their consumption habits leading to the closure of some companies and sacking of
employees.

In: Operations Management

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 8,300 in the first year, with growth of 4 percent each year for the next five years. Production of these lamps will require $48,000 in net working capital to start. The net working capital will be recovered at the end of the project. Total fixed costs are $108,000 per year, variable production costs are $16 per unit, and the units are priced at $44 each. The equipment needed to begin production will cost $188,000. The equipment will be depreciated using the straight-line method over a five-year life and is not expected to have a salvage value. The effective tax rate is 39 percent and the required rate of return is 25 percent.

What is the NPV of this project?

In: Finance

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden...

With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a “surf lifestyle for the home.” With limited capital, they decided to focus on surf print table and floor lamps to accent people’s homes. They projected unit sales of these lamps to be 8,100 in the first year, with growth of 5 percent each year for the following four years (Years 2 through 5). Production of these lamps will require $46,000 in networking capital to start. Total fixed costs are $106,000 per year, variable production costs are $12 per unit, and the units are priced at $40 each. The equipment needed to begin production will cost $186,000. The equipment will be depreciated using the straight-line method over a five-year life and is not expected to have a salvage value. The effective tax rate is 40 percent, and the required rate of return is 20 percent. What is the NPV of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

In: Finance

Bandung Corporation began 2020 with a $46,000 balance in the deferred tax liability account. At the...

Bandung Corporation began 2020 with a $46,000 balance in the deferred tax liability account. At the end of 2020, the related cumulative temporary difference amounts to $350,000 and it will reverse evenly over the next 2 years. Pretax accounting income for 2020 is $525,000, the tax rat for all years is 20%, taxable income for 2020 is $405,000.

a) Compute income taxes payable for 2020

b) Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2020

c) Prepare the income tax expense section of the income statement for 2020 beginning with the line "Income before income tax"

In: Accounting