Paying bailout CEOs exorbitant bonuses a. Welfare: Practice defended as needed to retain top executive talent, which enables companies to perform well and hopefully ultimately repay debt to nation b. Liberty: Enabling companies to pay what market demands defended as consistent with individual freedom c. Virtue: Potential real reason behind resistance is that it would award perceived losers, and being an loser is not a virtue Trolley Case 1st Version: Driving a trolley, see five workers ahead, have option to flip switch and divert onto track only killing one o Sandel argues you’d agree ethical thing to do is flip
Lastly, how to reduce the economic gap between coastal regions and inner periphery? In other words, we can learn that this kind of economic of development is not good for China from the texts. In order to know how China’s coastal cities are developing better than inner periphery region, we have to study the open-door policy under Deng’s leadership. “By opening its Pacific Rim to market forces, by exploiting its huge working class, and by encouraging millions of Overseas Chinese…to invest money in their homeland” (Blij 374). This quote is the best interpretation of the Special Economic Zone’s features.
Financial Analysis A company’s strengths and weaknesses are better understood by their financial statements such as Income Statement, Cash Flow statement, and Balance sheet. As Financial consultants, our goal is to help CanGo understand their financial statements and where CanGo needs to improve to gain the competitive edge in the market. Every company needs to understand their own financials before analyzing the market or industry. After analyzing CanGo’s efficiency ratios, we found them to be very un-attractive for investors. For example, CanGo has a very high receivables turnover rate.
Many of Dr. Roy Spencer’s views I can see as very rational. His references of actual government actions better proves how the United States government tends to want to use money as a “magic pill” that will fix the cancerous economic state the country has been in for years. While I am sure that there are politician who are still concerned with the well being of the average American, Dr Spencer’s comments about the job security in politics ,without accountability for wrong doing, should open the eyes of every American that has allowed for this corruption to
He talks about the behavior of utility maximization, which is about what will provide a person the maximum utility by making rational decision. However, we know that our behavior is irrational and what makes us happy. “So the orthodox economist’s premise that we can figure out what constitutes a good economy by summing the rational individual actions of consumers is suspect.” Mckibben says. He also claims that people do not seem happier even they have more stuffs because they very act of acquiring stuffs has turned us into more individual and less participate in the community, isolating ourselves in a way that runs contrary to our most basic instincts. He uses example of Chinese workers to make a point that China’s economic growth is the fastest in the history and indeed lifting lots of people out of poverty and in the process making their lives happier; but then he proves that his point was wrong by researchers report.
Second, financially stressed companies that go dark are the very companies’ shareholders need to monitor usually and where transparency is most important. Clearly, SOX has both positive and negative effects. However, the implementation problems of the Act do not provide sufficient reason to weaken or eliminate SOX requirements or to adopt significant exemptions based on company size. 2. What advantages would China offer foreign companies to list on its exchanges?
It is crucial that Wal-Mart keeps the firms operating activities cash flows largely positive. With the negative cash flows from investing activities and financing activities, negative operating cash flows would be very detrimental to the firm and could mean the firms collapse. The positive cash flow the firm makes in operating activities is allocated and used in other areas, such as financing activities or investing activities. The positive cash flows from operating activities is mainly derived from income from continuing operations. Looking at Wal-Mart income statement, you see a line item called “Income from continuing operations”; this line is two lines up from “Consolidated net income”.
If the IRR is less than the WACC, the project should be rejected, as it impoverishes the firm’s owners. If the IRR equals the WACC, it earns only normal profits (i.e., the owners’ opportunity costs) and accepting it is a matter of indifference. In this care the project’s IRR is 18.031 > 11.88%, therefore the IRR rule tells us the same as the NPV rule: this project will enrich the firm’s owners. We note in passing that in more advanced courses in finance you would learn about projects for which this rule cannot be used. Broadly speaking, they are projects whose cash flows changes sign more than once—e.g., from negative to positive to negative again.
“The net export effect of expansionary monetary policy will be in the same direction as the monetary policy effect”.1 Recommended Course of Action Although both fiscal policy and monetary policy prove to have beneficial effects on an economy during a contractionary period, we believe that the government should use a combination of both policies…… - The money supply may be ineffective, but in the end people want to make sure that they will have money to save up in case of emergencies. There is no change in investment spending meaning little change in aggregate demand. - Further to this, the fiscal policy may be ineffective, as the extensive “time lags” may dig us deeper, creating a depression. - To what extent?? ?
Frontier hero: 1) Spoils system a. Gave those who were common and poor a chance to have a say in government 2) He was rags to riches b. Made it from the bottom to the top 3) Veto Bank of the U.S.A c. Unconstitutional d. Monopoly on other banks e. Shouldn’t have Europeans on Board f. Inflation would help those who were poor- that’s what getting rid of bank would do because it would keep the currency stable