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Calculate an EBIT breakeven between a debt firm (DF) and an all-equity firm (EF) based on the following information: DF interest = $40,000; DF number common shares = 6,000; EF number of common shares = 10,000; and tax rate = 35 percent.

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Assume that a firm’s earnings per share (EPS) are expected to be $2.00 next year and that analysts have determined that an appropriate forward-looking multiple is 15 times the projected earnings. What should the stock price be?

Suppose that the firm in question #1 plans to increase the proportion of debt as part of its capital structure. The projected EPS would then be $2.50. In a world with no financial distress, determine what the stock price should be and explain why in the real world the stock price would be less than that amount.

Calculate an EBIT breakeven between a debt firm (DF) and an all-equity firm (EF) based on the following information: DF interest = $40,000; DF number common shares = 6,000; EF number of common shares = 10,000; and tax rate = 35 percent. Check your answer by calculating the EPS for both DF and EF at the breakeven EBIT.

Calculate the cash flow coverage ratio based on the following information: EBIT = $540,000; depreciation and amortization = $65,000; interest payments = $180,000; principal repayment = $75,000; and tax rate = 35 percent.

Suppose a firm has an EBIT of $5 million, interest expenses of $2 million, depreciation expenses of $1 million, and a tax rate of 35 percent. Its bank agrees to lend up to 4 times its EBITDA. How much debt can the firm borrow from the bank?

Suppose an all-equity firm has a beta estimated to be 1.2. If the firm changes its capital structure such that its debt-to-equity ratio is now 0.4, what should be the revised beta estimate if it also faces a tax rate of 35 percent?

Explain why a hotel company might have a higher proportion of debt in its capital structure relative to a drug company. Suppose a firm has $10 million in debt that it expects to hold in perpetuity.

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Upon completion of the Required Readings, write a thorough, well-planned narrative answer to the following discussion question.  Rely on your Required Readings and the Lecture and Research Update for specific information to answer the discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information.  Your Discussion Question response should be both grammatically and mechanically correct, and formatted in the same fashion as the question itself.  If there is a Part A, your response should identify a Part A, etc.  In addition, you must appropriately cite all resources used in your responses and document in a bibliography using APA style.

Discussion Question 1 (50 points)

Respond to the following:

  1. Explain why a hotel company might have a higher proportion of debt in its capital structure relative to a drug company.
  2. According to Modigliani and Miller (M&M), in a world of perfect capital markets, what will be the expected equity return (or cost of equity) for a firm that has a cost of capital of 10 percent, a cost of debt of 6 percent, debt valued at $1.2 million, and equity valued at $1.0 million?
  3. Suppose a firm has $10 million in debt that it expects to hold in perpetuity. If the interest rate is 7 percent and the corporate tax rate is 35 percent, what is the value of the interest tax shield?
  4. What is the value of an all-equity firm that: has a dividend payout ratio of 100 percent, is expected to generate net income each year (forever) of $1 million, and has a required equity return (also the ROE) of 16 percent?

 

Is it ethical to prosecute a person for having marijuana in one state as a criminal act, tainting their record for life, while in another state individuals can possess, sell, and use marijuana without penalty? Explain.

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Today, marijuana has been legalized in 28 states and the District of Columbia either for medicinal purposes or recreational use.

  1. What does “legalized for medicinal and recreational purposes” mean for employers? Describe impact on employer-employee relations, employee-employee relations, and employee-customer relations.
  2. The employer can regulate what occurs on business premises and in the workplace, but is it ethical for the employer to try to restrict employee behavior outside the workplace? Explain.
  3. Is it ethical to prosecute a person for having marijuana in one state as a criminal act, tainting their record for life, while in another state individuals can possess, sell, and use marijuana without penalty? Explain.

Part B. Culture and culture wars.

  1. Provide an example of a “culture war” hot button topic. Explain the ethical issues defended by the opposing sides. Do not use the example given in the Wk6A PPT.
  2. Provide an example for both a surface-level and a deep-level culture issues that could result in an ethical dilemma for a supervisor or manager.

Part C. White Privilege or Class Privilege.

  1. Provide an example that demonstrates the difference between “white privilege” and class privilege.
  2. Provide an example where “white privilege” and class privilege overlap or are the same.

c. Explain, using an example, how white privilege or class privilege has provided barriers to racial or ethnic advancement.

Compare and Contrast the epidemic described in the module (based on the Legionnaires’ Disease Outbreak of 1976 in Philadelphia) with the current Coronavirus Pandemic. 

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This Epidemiological Module was developed by the Centers for Disease Control and Prevention. Go through the entire simulation entitled, “Deadlier than War” and write a summary of what occurred. Compare and Contrast the epidemic described in the module (based on the Legionnaires’ Disease Outbreak of 1976 in Philadelphia) with the current Coronavirus Pandemic.

This assignment is for extra credit. Your response/paper should be a minimum of 500 words. Place word count at the end of your paper. Citations are not included in the word count. Utilize proper APA citation. Proper citation includes in-text citations and references. Furthermore, your response is subject to Turnitin to detect plagiarism.

For this Assignment, you will write a 6-8 page paper discussing the developmental concerns and proposed interventions across four life stages using the case study provided. Use the readings from previous units and at least four academic sources

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Write a 6-8 page paper discussing the developmental concerns and proposed interventions across four life stages using the case study provided. Use the readings from previous units and at least four academic sources from the L.

Read the Case Study: Carlos Carlos, a 63-year-old divorced male was self-referred to you through his Employee Assistance Program. He presents as a lonely and withdrawn older adult requesting assistance with what he describes as “life issues.” The purpose of this paper is for you to present a developmental conceptualization of a client over four developmental stages that explains individual growth using biological, social, psychosocial, cognitive, and environmental theories. For each of the four developmental stages, you are also asked to present suggestions for interventions that may have changed the developmental trajectory for the client. Include the following in your paper:

Explain the developmental concerns of adolescence using the theories and concepts learned involved in the case provided.

Explain the developmental concerns of young adulthood using the theories and concepts learned involved in the case provided.

Explain the developmental concerns of middle adulthood using the theories and concepts learned involved in the case provided.

Explain the developmental concerns of late adulthood using the theories and concepts learned involved in the case provided.

Design at least two interventions addressing the cognitive, biological, psycho-social, cultural, and environmental concerns at each stage in the case provided.

Discuss which theory of behaviorism is most related to your study and how it is related. Discuss how biological preparedness/innate learning influences the subject’s ability to learn the behavior

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Describe each of the five schools of behaviorism; make sure you distinguish each from the other schools of thought.
Next, select one of the following potential studies:

Identify eight-year old Amanda’s dysfunctional behaviors in preschool.
Determine whether LED or fluorescent light changes the students’ science quiz scores in Mr. Johnson’s sixth-grade class.
Identify whether giving her chocolate increases Lauren’s participation in gym class.
Another behavior of your choosing — check first with your instructor.
After selecting your study, be sure to do the following:

Determine the most appropriate methodology (from this unit) with which to study it.
Identify the method and set up an outline of a study; identify any variables.
Explain your rationale for choosing that method.
Discuss which theory of behaviorism is most related to your study and how it is related.
Discuss how biological preparedness/innate learning influences the subject’s ability to learn the behavior.

Examine the changing worldview of the Romanesque world to the Gothic period. How did this affect these sculptural representations?

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One research paper is required for the course. It will be due by July 19 by midnight. You will choose ONE topic from the choices given below on which to write. The paper should be at least four pages typed, double-spaced and use a 12-point font. You must include at least three resources as evidence of your research in a bibliography. You may submit via Canvas when you have completed it.

1. Should the Parthenon marbles be returned to Greece? Develop a full analysis either for or against the return of these artifacts to Athens. (See “Who Owns the Art? The Elgin Marbles and the Euphronios Krater to get you started. This can be found in Chapter 5, Art and Its Context link in the discussion of the Parthenon)

2. Compare and contrast the construction, function and symbolism of pyramid structures from two different cultures.

3. Analyze the development of the imagery of Christ from the early Christian period through to the Byzantine period.

4. Examine the changing worldview of the Romanesque world to the Gothic period. How did this affect these sculptural representations?

5. Choose any three representations of important people that we have covered (rulers, emperors, kings, religious leaders) and compare how authority and power have been portrayed differently by different cultures or eras

Describe a fixed reinforcement schedule, a variable reinforcement schedule, a duration schedule, a response rate schedule and a noncontingent reinforcement schedule.

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You have 25 new employees and you want them to complete several new-employee onboarding tasks such as selecting a health insurance plan, federal withholding, state withholding, 401K selection, set up direct deposit, etc. You also want them to learn to turn in biweekly reports on time. Several months later, you have noticed that there are many employee absences on the Monday after the bi-weekly payday. Attendance seems to improve the closer it gets to payday.

In your essay, be sure to do the following:

Describe a fixed reinforcement schedule, a variable reinforcement schedule, a duration schedule, a response rate schedule and a noncontingent reinforcement schedule. Explain how each works and describe when you might use each one.
Refer to the case above. Evaluate the best schedule of reinforcement for the initial paperwork and to get employees to turn in biweekly reports on time. Apply the schedule, explaining specifically how and when you would reinforce the employee and provide your rationale.
Discuss what seems to be happening with the employee absences (explain in terms of operant conditioning) and why you think it’s happening.
Refer to the case above. Evaluate the best schedule of reinforcement to improve attendance. Apply the schedule, explaining specifically how and when you would reinforce the employee and provide your rationale.
Explain how you would work to generalize the attendance behavior across time.

Clearly, we have many qualified women in every aspect of American life.  Why does it seem so unreasonable to expect that a woman could be president?  If we are so advanced, why haven’t we been able to pass an equal rights amendment to the constitution?

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The 1970s brought another revolutionary development in Anthropological Theory: the insight that most theoretical models of culture were based on the experiences of men.  When activists in the Second Wave of feminism turned to Anthropology for insight into the origins of gender inequality and explanations for the endless variation (and boring repetition) of gender inequity around the world, the discipline was forced to acknowledge the paucity of knowledge we had to offer.  This launched a new research focus, first into footnotes and hidden clues in extant ethnographic work (women’s activities were often lumped together into a single chapter on kinship and the family in ethnographic writing, with the exception of the Culture and Personality school) and then into new projects designed to account for women’s role in shaping culture.  Some researchers focused their attention on the sources of women’s power that had been invisible to researchers and others on the structures that oppressed women (and later by extension other gendered persons).  Together these studies substantially re-wrote not only the narrative of human evolution, but the contemporary research agenda of anthropologists studying every aspect of human existence.  The needs for such an agenda are endless because of the complexities of gender and sexuality.  Ponder the current climate for women in the United States and the role that gender is playing in national and local politics.  Clearly, we have many qualified women in every aspect of American life.  Why does it seem so unreasonable to expect that a woman could be president?  If we are so advanced, why haven’t we been able to pass an equal rights amendment to the constitution?

Conduct interviews with 2 people who are of different social categories about their perceptions, beliefs, and experiences with social inequalities. These categories can include race, ethnicity, gender, socioeconomic status, disability status, sexual orientation, gender identity, etc

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In week 6 you read about social inequalities in everyday life. For this assignment, you will give real world examples of how this manifests. You will conduct interviews with 2 people who are of different social categories about their perceptions, beliefs, and experiences with social inequalities. These categories can include race, ethnicity, gender, socioeconomic status, disability status, sexual orientation, gender identity, etc. Each person should fulfill two or more different categories in order to also analyze intersectionality. For example, if you interview a gay black man, his experiences would be based on the intersection of sexual orientation, race, and gender. You would then select a second person to interview who would intersect with different categories (Asian Straight Man, White Transgender Woman, Hispanic gay women, etc., wealthy black woman, etc ). You can interview any 2 people you want, as long as they are from at least 2 different social categories (they can be the same on others).

You should interview them on their experiences, beliefs, perceptions, etc., on social inequality, and the ways they deal with it in society. Make sure to provide examples of some of the experiences they have had, and why they feel they have experienced social inequality. You also should explore which part of their social categories they feel has led to the most social inequality (i.e. their race, gender, sexual orientation, etc.).

You should then compare and contrast their views and experiences. Within your comparison you should refer to the course concepts to help analyze and explain your interviewees views. You should reference the learning resources and other research sources to discuss how their cultural categories may have influenced their experiences and views. Make sure to also include a discussion on intersectionality. For example, if you are interviewing a white straight woman, and a black straight man, you may find that they have had very different experiences with social inequality based both race and gender. Why would that be the case?

You should conclude your essay with a discussion of what you learned from your interviews, and what you think should be done to address any major problems that your interviewees have experienced.

I don’t want to see an interview transcript. However, you should be using extensive quotes from your interviewees in your essay in order to validate your discussion.