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In explaining what constitute duty of care, lord atkin cited the neighbour principle. he indicated that, one must not injure his neighbour and must take a reasonable care so as not to injure his neighbour. he eplained that this duty of care would be owed by a defendant to all those who are his neighbours. examine the extent to which the neighbour's principle has helped in determining product liability.
Opening a series of new supermarkets is a major capital budgeting project for the company. Describe and discuss the main items on the income statement and balance sheet that you think will be impacted by this new undertaking. Explain why you chose th..
Using M&M propositions with corporate taxes and the following information, what is the value of the levered firm? NOI - $80,000; Corporate Taxes = 40%; the firm borrows $700,000 at a rate of 9%.
Why did the gold standard collapse? Is there a case for returning to some type of gold standard? What is it? What opportunities might current IMF lending policies to Third World nations create for international businesses? What threats might they cre..
You want to save $5,000 in three years time to pay for a trip overseas. How much money need you invest into a fixed deposit account, paying 5% per annum, for three years in order to reach your savings goal?
Riverhawk Sport Authority (RSA) will pay a dividend of $7 for each of the next 3 years, $8 for each of the years 4-6, $9 for each of the years 7-9, and a dividend of $10 for year 10. Thereafter, the company will pay no dividends. If you require 11 pe..
Winnebagel Corp. currently sells 30,000 motor homes per year ay $73,000 each and 14,000 luxury motor coaches per year at $120,000 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 25,000 of thes..
For your business venture, evaluate the possibility of seed funding from venture capital funding, angel funding, SBA funding or other business alliances. Which source of seed financing would you prefer for your business venture and why? Are there any..
Acme Medical Supply Company desires a target operating income amount of $100,000, with assumption inputs as follows: Desired (target) operating income amount 5 $100,000, Unit price for sales 5 $80. Compute the required revenue to achieve the target o..
Schweser Satellites Inc. produces satellite earth stations that sell for $95,000 each. The firm's fixed costs, F, are $2.5 million, 50 earth stations are produced and sold each year, profits total $400,000; and the firm's assets (all equity financed)..
The hospital took out a $2 million mortgage to facilitate the construction of a new sports performance center. The term of the mortgage is 30 years, the annual interest rate is 6.75%, and payment is due on the first day of each month. What is the hos..
Focusing only on the basics and ignoring deductions, what is its tax obligation? - What are its marginal tax rates? What is its average tax rate?
As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method and you need to determine an appropriate hurdle rate. The risk-free rate is 4% and the expected market rate of return is 11%..
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