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Which is not true of Rawlsian social welfare functions? A. They have right-angled social indifference curves. B. They are derived from a concept of justice. C. They treat everyone equally. D. They focus attention on the least advantaged individual.
A year ago the Vanadian currency, the plumbum (VAP), had a mid-rate of VAP 6.5 to the dollar. Today it is VAP 8.7 per dollar. Has the VAP appreciated or depreciated against the dollar? By what percentage?
Describe the structured interview. What are the characteristics of structured interviews that improve on the shortcomings of unstructured interviews? Develop one original situational question and an accompanying rating scale using benchmark responses..
In a rare moment of generosity, you give your nephew $100 on his first birthday. Your nephews mother, however, knows the time value of money, so she invests the money in a 20-year 7% CD. (At maturity the CD pays back the principal plus accumulated in..
Robert wants to withdraw $100,000 a year for 30 years after he retires. He will probably work for 30 years and earn 7 interest during the whole time. How much does Robert have to contribute to her pension fund each year so she can retire on $100,000 ..
The percent of sales method does not accurately estimate the balances for lumpy assets. which of the following statements best describes the possible errors?
Tulley Appliances, Inc. projects next year’s sales to be $20 million. Current sales are at $15 million, based on current assets of $5 million and fixed assets of $5 million. The firm’s net profit margin is 5 percent after taxes. Tulley forecasts that..
You buy 100 shares in Bondex Corporation for $ 25 a share. Each share pays $ 1 in dividends every three months. You have a five year holding period and expect to invest all dividends received in the first two years at 6 percent, and all dividends rec..
A firm is considering a capital project for which the following information is available: An existing piece of equipment that would be disposed of to make room for new equipment has a historical cost of $370,000. The firm's effective tax rate is 40%...
John Smith is a wealthy activist investor who has a healthy interest in seeing companies in which he has an interest performs well. In general, he is more concerned about maintaining control over the companies he invests in (by having a majority of v..
alue of discounted revenues minus discounted costs: $200 Million. A study that looked at the viability of the project has already been completed at a cost of 3M. What is the NPV of the project? Now you have to consider not only the discounted revenue..
Vandelay Industries is considering the purchase of a new machine for the production of latex. Machine A costs $3,120,000 and will last for six years. Variable costs are 40 percent of sales, and fixed costs are $260,000 per year. The company plans to ..
Do you think that Ducati's decision to sell exclusively through the Internet its MH900e motorcycle model was a risky decision or a safe bet? Explain.
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