Q1 Using the company's overall cost of capital to evaluate a project's cash flows is problematic in that the company is a collection of projects, with the possibility that each project has a different level of risk than the other projects currently working for the company.

Select one:

True

False

Q2) The three principal ways in which venture capital companies exit venture-backed companies are

Select one:

a. selling to a strategic buyer, buying out the founder, and offering shares to the public.

b. selling to a strategic buyer, selling to a financial buyer, and buying out the founder.

c. selling to a strategic buyer, selling to a financial buyer, and offering shares to the public.

d. None of the options.

Q3) A company is planning to issue 2.5 million ordinary shares and the underwriting spread is 8%. Following due diligence, the offer price has been set to $20 per share. Suppose that the offer has not been as successful as expected and only 95% of the shares have been sold. In such situation, considering stand-by arrangement, what will be the proceeds available to the underwriter?

Select one:

a. $1 million

b. $1.5 million

c. $3.8 million

d. $2 million

Q4) The use of debt financing

Select one:

a. increases agency costs.

b. decreases agency costs.

c. may both increase and decrease the agency costs.

d. has no effect on agency costs.

7. You are a member of the senior executive group at your company. The company has a reputation of compensating its executives at a very high level. In fact your own compensation appears to be at least 50% above that of your peers in like companies. Due to pressure from the founder who has a controlling interest in the company and now lives in another state the company is considering developing an incentive system for all employees who other than the executives are paid significantly below the levels of peer companies. You have been able to achieve this pay structure due to the limited other job opportunities in the immediate area. In addition to concentrating compensation at the top of the org chart most decisions are also made at the highest levels and little or no planning or financial information is shared outside this group. You recently received input from a group of investors who are very vocal and have accumulated a significant amout of stock in your company. They feel that overall employee pay, the salary and benefits line on the income statement, in total is excessive and they are demanding this issue be addressed. You have been considering stock options, profit sharing and cash bonuses as alternatives for an employee incentive system. 1) Given these facts and the culture in your company and the pressure from investors and the founder discuss these two alternatives for an incentive system.

2) Which would you recommend and how would you fund the program?

Use the Bureau of Labor Statistics website to search for income data on the occupation of 15-1212 Information Security Analysts. The BLS has wage information for hundreds of jobs and data can also be found by state.

Once you arrive at the site, complete the following steps to gather the data you need to answer the questions.

Step 1

• Search for information on the occupation (15-1212 Information Security Analysts) by clicking on national wage data 800 occupations. This will take you to the Occupational Employment Statistics page.
• Scroll to the bottom of that page for a table listing the major and sub-job categories. Note in the first column there is an occupation code. For example, accountants and auditors have the code 13-2011 and are listed under banking and financial operations.
• Click on the job title to find earnings information. There you will find mean wages as well as percentiles and the 5-number summary.
• Compare the mean and median pays. For example, the mean pay for accountants was $78,800 and the median was $70,500.
• Record the information on percentiles, the 5-number summary, the mean and the median.

Step 2

Include the following in your discussion post:

• Discuss your interpretation of the statistics you recorded in Part 1.
  • Percentiles
  • Mean
  • Median
• How different are the salaries shown in the map of states?
  • What is the range for your state?
  • Would you move to another state based on this data?
  • What other statistics would you want to know before making that decision?
• What effect do the lowest paid and highest paid states have on the calculation of the mean and median for the United States?
• Suppose you were asked by a potential employer to request a salary. Which is the best measure to use to find “average” earnings for your occupation? Explain your answer.

Joe Dean a 38-year-old male client is admitted to the medical surgical unit with newly diagnosed acquired immune deficiency syndrome and capacity sarcoma he states that he shares needles with other IV drug users he has had unprotected sexual intercourse with several partners the client has a non-productive cough chill shortness of breath with exertion and at times chest pain the vital signs temperature 101 BP 110 over 70 heart rate 100 beats per minute respirations 28 breaths a minute the client refuses to enter a drug rehabilitation program how do you believe the client contracted HIV if the client has been diagnosed with AIDS what would his CD for sale count be what is capacity sarcoma why is this an important part of the client's diagnosis of AIDS what education would you provide to this client

On April 22, 2019, CBO published a cost estimate for House Bill 582, Raise the Wage Act. You can obtain a copy of the report here. Read the report and answer the following questions.

(1) In your own word, why does raising the federal minimum wage DIRECTLY affect the federal budget?

(2) Would the proposed policy have an impact on mandatory spending, and why? If yes, by how much does it change the projected federal deficit associated with mandatory spending over the 2020-2029 period?

(3) Would the proposed policy have an impact on discretionary spending, and why? If yes, by how much does it change the projected federal deficit associated with discretionary spending over the 2020-2029 period?

(4) Why would the proposed policy impose “intergovernmental and private-sector mandates”? What are the estimated annual costs of the policy to subnational governments and private-sector organizations respectively? As the report states, spending for the Postal Service is classified as off-budget. The distinction between on-budget and off-budget programs is rather superficial. In your answer, please consider the overall federal budget including both on-budget and off-budget components.

Case Study: Global Healthcare Public Policy Imagine that in the near future, the global community has been wracked by successive crises including economic upheaval, severe food and water shortages, and attacks on human dignity. In response, nationwide grassroots movements of young people have elected members of congress and parliament who support restoring leadership throughout the world in the areas of health, freedom, and human rights. Groundswells invoking liberty and justice are sweeping Europe, Africa, South America, Oceania, and the United States. Prompted by this worldwide atmosphere of new hope, the United Nations is convening a World Congress of Present and Future Human Flourishing. Conference sessions will focus on the right to healthcare, health disparities/health inequities, emerging infectious diseases, food and water security, and mechanisms for global environmental and climate governance.

Ethical Analysis

1. Discuss the role of the principles of biomedical ethics in helping to establish a robust global healthcare community capable of providing services to all those in need.

2.Analyze the persistence of global undernutrition and poverty from the perspective of the biomedical ethical principles of autonomy and justice. Describe two global public policy solutions to meaningfully influence these social determinants of health.

3. Analyze the importance of helping to ensure optimal maternal and newborn health from the perspective of the biomedical ethical principles of autonomy and justice. Describe two global public policy solutions to meaningfully impact these social determinants of health.

A report from the American Council on Competitiveness​ notes: "there has been some recent progress in the digital health​ sector, which aims to better integrate information and software technologies into all aspects of​ healthcare." The report also concludes​ that: "the U.S. has rather poor health outcomes relative to other developed countries and stands out as having exceptionally low healthcare productivity when measuring outcomes against​ spending."

Briefly discuss the evidence for and against the U.S. health care sector having exceptionally low health care productivity when comparing outcomes to spending.

​Source: Jonathan​ Rothwell, "No​ Recovery: An Analysis of​ Long-Term U.S. Productivity​ Decline," U.S. Council on​ Competitiveness, 2016, pp. 54 and 76.

Compared to other​ high-income countries, such as​ Canada, Japan, and the United​ Kingdom, the United States has higher health care productivity in that it has _______________ but has lower health care productivity in that it has ______________.

Blank 1 options:

1. A longer life expectancy from birth

2. A lower risk of dying from cancer before age 75

3. More CT scanners per capita

4. Less obesity

Blank 2 options:

1. Fewer CT scanners per capita

2. Fewer MRI units per capita

3. A higher mortality rate for cancer

4. A higher infant mortality rate per 1,000 live births

1, When Bretton Woods ended, what happened to the price of gold?

Select one:

a. The price of gold decreased in dollars.

b. The price of gold increased in dollars.

2,

Following the demise of the Bretton Woods system, the IMF

a. The IMF became the central bank of the United Nations.

b. The IMF created a new role for itself, providing loans to countries facing balance-of-payments and exchange rate difficulties.

c. The IMF ceased to exist, since the era of fixed exchange rates had ended.

d. The IMF became the sole agent responsible for maintaining fixed exchange rates.

3,

Once the changeover to the euro was completed by July 1, 2002, the legal-tender status of national currencies in the euro zone

a. was tied to gold.

b. was affirmed at the fixed exchange rate at that time.

c. was canceled, leaving the euro as the sole legal tender in the euro zone countries.

4, In the United States, managers are legally bound by the "duty of loyalty" to

a. the employees.

b. the government.

c. A fiduciary loyalty is owed to all the stakeholders.

d. the shareholders.

e. the bondholders.

5,

The difference between a broker and a dealer is

a. Brokers bring together buyers and sellers, but carry no inventory; dealers stand ready to buy and sell from their inventory.

b. Brokers transact in stocks and bonds; currency is bought and sold through dealers.

c. Brokers have their firm's money at risk.

Body mass index (BMI) is a reliable indicator of body fat for most children and teens. BMI is calculated from a child’s weight and height and is used as an easy-to-perform method of screening for weight categories that may lead to health problems. For children and teens, BMI is age- and sex-specific and is often referred to as BMI-for-age.

The Centers for Disease Control and Prevention (CDC) reports BMI-for-age growth charts for girls as well as boys to obtain a percentile ranking. Percentiles are the most commonly used indicator to assess the size and growth patterns of individual children in the United States.

The following table provides weight status categories and the corresponding percentiles and BMI ranges for 10-year-old boys in the United States.Page 241

Health officials of a Midwestern town are concerned about the weight of children in their town. They believe that the BMI of their 10-year-old boys is normally distributed with mean 19.2 and standard deviation 2.6.

In a report, use the sample information to

1. Compute the proportion of 10-year-old boys in this town that are in the various weight status categories given the BMI ranges.

2. Discuss whether the concern of health officials is justified.

As part of Cam Bowles Soup Company, Camilla Parker-Bowles has launched a new product Camilla Water Biscuits, they are sold as Camilla Crackers in the United States. Camilla Crackers are high end crackers made with premium white flour harvested in the United Kingdom, premium butter, and British spices. The quality symbol ensures that the "water biscuits" do not break from production facility to dinner table. The crackers pair nicely with the four British Soups of Camilla's line and many of the eight other soups that make up Cam Newton's soup line.

Camilla Crackers have the following costs that are not variable: Facilities Expense = $2,680,000, Insurance Expense = $1,880,000, License, Fees and Taxes Expense = $995,000, Salaries Expense = $3,210,000.

Variable cost per unit = 55%

The selling price per unit = $37 per case

20 boxes of crackers are in one case

A. Create a basic income statement from the above information on Camilla Crackers at break-even units.

B. If the variable cost was decreased by 5% what is the new-break even amount of boxes?

C. If the fixed costs were increased by $777,777 what is the break-even amount of boxes?*

D. If the target profit was 15%. How many cases would be need to be sold to achieve their goal?*

* the unit contribution margin is the same % in parts C & D as part A.