Web. 16 Feb. 2012. . 2. "The FOMC and Its Impact on Monetary Policy." Investing, Stock Quotes and Research, Personal Finance and Business News - InvestorGuide.com.
"Economy Squeezes the American Dream - USATODAY.com." USATODAY.com. 13 June 2008. Web. 27 Sept. 2011.
Throwing America’s Future Away “The greatest threat to America is not someone hiding in a cave in Afghanistan or Pakistan, but our own fiscal irresponsibility”-Former Comptroller General, David M. Walker (Clemmitt). The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001, and the Jobs and Growth Tax Relief Reconciliation Act of 2003 also known as the Bush Tax Cuts, are two major Bush era tax cutting bills set to expire January 1st 2011 (Fox). These two bills lowered the tax rates for every tax payer in the country and created a new 10% tax bracket for those making less than $8,025 a year. Along with those major changes and re-structuring the tax brackets, it also changed the Child Tax Credit from $600 to $1,000 per child,
Unions' Past May Hold Key to their Future. The New York Times Company. Retrieved September 23, 2012, from http://www.nytimes.com/2012/07/18/business/economy/unions-past-may-hold-key-to-their-future.html?pagewanted=all&_moc.semityn.www Sherk, James. (2012, January 3). The Union Difference: A Primer On What Unions Do To The Economy.
Accountingweb.com. Retrieved on September 8, 2014 from http://www.accountingweb.com/article/has-sox-been-successful/219796 Maleske, M. (2012). 8 ways SOX changed corporate governance: Experts weigh in on SOX 10 years after it became law. InsideCounsel.com. Retrieved on September 7, 2014 from http://www.insidecounsel.com/2012/01/01/8-ways-sox-changed-corporate-governance Sarbones-Oxley Act.
Week 5 Problem 3 Carri Gradisca FIN/370 – Finance for Business August 6, 2012 Professor Shadi Sifain Week 5 Problem 3 A firm’s current balance sheet is as follows: Assets: $100 Debt: $10 Equity: 90 a. What is the firm’s weighted-average cost of capital at various combinations of debt and equity, given the following information? Debt/Assets | After-Tax Cost of Debt | Cost of Equity | Cost of Capital | 0% | 8% | 12% | 12.00% | 10 | 8 | 12 | 11.60% | 20 | 8 | 12 | 11.20% | 30 | 8 | 13 | 11.50% | 40 | 9 | 14 | 12.00% | 50 | 10 | 15 | 12.50% | 60 | 12 | 16 | 13.60% | b. Construct a pro forma balance sheet that indicates the firm’s optimal capital structure. Compare this balance sheet with the firm’s current balance sheet. What course of action should the firm take?