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Write a product recall letter.
You have received two reports that users of your ten-stitch portable sewing machine, Sew-Now, have been injured when the needle broke off while sewing. One person was sewing lined denim, and the other was sewing drapery fabric-neither of which should have been used on this small machine. Fortunately, neither injury was serious. Although your firm accepts no responsibility for these injuries, you decide to recall all Sew-Now machines to have a stronger needle installed.
Owners should take their machines to the store where they purchased them. These stores have been notified and already have a supply of the replacement needles. The needle can be replaced while the customer waits. Alternatively, users can ship their machines to you prepaid. Other than shipping, there is no cost to the user.
Prepare a letter that will go out to the 1,750 Sew-Now purchasers. Customers can call your toll-free number if they have questions.
Write the memo to communicate the decision clearly and help employees understand and accept the message.
Discuss the efficient market hypotheses
Use the historical and projected financial data provided to prepare a pro forma income statement for the year ended December 31, 2010. Use the projected financial data along with relevant data from the pro forma income statement prepared in part (a) ..
You have been hired by a U.S. corporation that wants to form a foreign corporation through the transfer of property. Propose a strategy for the client to transfer property into the foreign corporation that will help the client to avoid or mitigate..
1. Who benefits and who loses when a firm becomes too big to fail?2. Do financial managers have a incentive to make their firms too big (or too vital) to fail? What are some actions they might take to increase their firm's importance?
you will outline and explain ethical theories and then apply that knowledge to how organizations would function were
The difference between EBIT and taxable income must be interest expense
The bank charges $0.21 a check for this service. The daily interest rate on Treasury bills is 0.02 percent. What is the net present value of this lockbox arrangement?
Describe the number of members, projects being worked on, and the overall purpose of the team.
What is the variance of the returns on this common stock? Answer A. 0.0022150 B. 0.002606 C. 0.002244 D. 0.002359 E. 0.002421
Fuji Inc. is registered as a business in the film-making industry. It can borrow in the debt market at 9%. Its cost of equity with 50% debt is 14%. Its corporate tax rate is 40%.
Your monthly payments are $62.28. If $22.50 of the first payment goes toward interest and $39.78 of the first payment goes toward the principal, what is the unpaid balance after the first payment?
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