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Question - The January 22, 2001, issue of Fortune contained an article "Why You Can Safely Ignore Six Sigma," that was highly critical of Six Sigma. Here are some of the criticisms levied against Six Sigma:
a. The results often don't have any noticeable impact on company financial statements. Thus, Six Sigma success doesn't correlate to higher stock value. This criticism applies to 90 percent of the companies that implement Six Sigma.
b. Only early adopters can benefit.
c. Six Sigma focuses on defects, which are hard to objectively determine for service businesses.
d. Six Sigma can't guarantee that your product will have a market.
How would you respond to these statements?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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