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Peter is a sailor. One night he encounters a storm on Lake Michigan. Peter survives, but his boat sinks. Peter plans to return to the site of wreck to salvage its equipment and his possessions, but he delays. Meanwhile, Brian, an amateur driver, discovers the wreck and clean of any useful items. Peter learns of Brian's recovery and files a suit against Brian, claiming that the items are his. Brian responds that the sunken ship was abandoned and therefore he has good title to everything to which he took possession. What is the court likely to rule and why?
Dr. Neil deGrasse Tyson has recommended to the Hayden Planetarium that they sell stuffed animals, such as Disney's loveable Pluto character, to help fund their research efforts on finding planetoids in our outer solar system.
McMaster Corporation, has a times interest earned ratio of 4.0. Based on this ratio, a creditor knows that McMasters EBIT must decline by more than before McMaster will be unable to cover its interest expense.
At a 9% interest rate, what is the present value of these cash returns?
You have the following data on Target and Wal-Mart: Using Target as a comparable, The current value of Wal-Mart is about $54 per share. Estimate compare to the current price.
Critically evaluate these comments. Please don't wander; concentrate on the issues stated by quotation.
The Sosa Company produces baseball gloves. The firm's income statement for 2004 is as follows
Computation of Security Market Line (SML) of stocks and its analysis and Assume a U.S. Treasury rate of 3% as the risk free rate in your SML
Looking at recent acquisitions of Verizon Wireless, find out two acquisitions to answer the following questions about each acquisition. What is the reason for acquisition that was employed as the logic by your firm in justifying the acquisition? De..
All profit-sharing plans must have a formula under which contributions are allocated to participants' accounts.
Find the unpaid balance on the debt. (Round your answer to the nearest cent.)
Computation of price of the bond and The market requires an interest rate of 8% on bonds of this risk
Computation of cost of capital and beta and explain Does it matter if you use the beta for Dell or the beta for the industry in this case
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