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You must describe how application of the principles of law to the key facts supports your determination of the issues. You need to show the reasoning behind your decision. Factual Scenario: In 1972, Congress enacted a federal statute, called the Ports and Waterways Safety Act that established uniform standards for the operation of boats on inland waterways in the United States. The act coordinated its provisions with those of foreign countries so that there was a uniform body of international rules that applied to vessels that traveled between countries. Pursuant to the act, a federal rule was adopted that regulated the design, length, and size of oil tankers, some of which traveled the waters of the Puget Sound area in the state of Washington. Oil tankers from various places entered Puget Sound to bring crude oil to refineries located in Washington. In 1975, the state of Washington enacted a statute that established different designs, smaller lengths, and smaller sizes for oil tankers serving Puget Sound than allowed by the federal law. Oil tankers used by the Atlantic Richfield Company (ARCO) to bring oil into Puget Sound met the federal standards but not the state standards. ARCO sued to have the state statute declared unconstitutional. Discuss who wins, and why?
Machinery costs $1 million today and $100,000 per year to operate. It lasts for 8 years. What is the equivalent annual annuity if the discount rate is 5%? Enter your answer in dollars and round to the cent.
Prepare and submit a consultancy report to the management of Anthony's Orchard, the company studied throughout this module. The company is considering expanding its product line to include apple juice.
often organizations enter the marketplace with one approach and model. as the economy and demands shift and technology
Should Personal Auto Insurance be Mandatory? Should an Individuals Credit Score be used in Personal Lines (Auto, Homeowners) Underwriting? Does it make a difference whether it is used for accept/reject decisions or just in pricing?
wilson wonders bonds have 12 years remaining to maturity. interest is paid annually the bonds have a 1000 par value and
Both Berkley and Oakley are large public corporations with subsidiaries throughout the world. Berkley uses a centralized approach and makes most of the decisions for its subsidiaries. Oakley uses a decentralized approach and its subsidiaries make man..
A Treasury bill that settles on May 18, 2012, pays $100,000 on August 21, 2012. Assuming a discount rate of 3.87 percent, what is the price and bond equivalent yield? Use Excel to answer this question.
The Xerox Company paid a $3.00 dividend per share on its common stock this past year. This dividend represented a 40% payout ratio. Dividends are expected to grow at a 6% annual compound growth rate while earnings are expected to grow at a 10% growth..
ABC earned a net profit margin of 5.8% last year and had an equity multiplier of 3.8. If its total assets are $102 million and its sales are 183 million, what is the firm's return on equity?
An 7% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 7.4185%. What is the bond's price? What is the bond's YTM?
Miley expects to receive the following payments: Year 1 = $50,000; Year 2 = $28,000; Year 3 = $12,000. All of this money will be saved for her retirement. If she can earn an average of 10.5 percent on her investments, how much will she have in her ac..
Tauscher Textiles Corporation has an inventory conversion period of 45 days, a receivables collection period of 47 days, and a payables deferral period of 35 days. If Tauscher's sales are $3,309,028 and all sales are on credit, what is the firm's inv..
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