Midterm Exam

Immediately after we are born, we start picking up sounds; the sound of our mother’s voice, the music playing in the elevator on the way to the car, and the happy cheers from a small child seeing their new sibling for the first time. We are always listening–picking up on conversations not meant for our ears, eavesdropping on the gossip of the adult world, and finding the meaning in the portentous silence. From all these auditory stimuli, we piece together the world around us to better understand what is happening to us, around us, and the secret happenings that were not for us to know. Great writers are the ones who listen and say nothing–who take it all in and save their classified information for a day when all the right words flow and form one epic story of the wondrous world we live in.

The election to itemize is appropriate when total itemized deductions are less than the standard deduction based on the taxpayer’s filing status.

Please use this template to answer the questions below in essay format. The minimum word count for the three questions of Part 1 is 300 words total (or 100 words per question). A reference citation is required.

Andrea Winfield considered issuing bonds was not a good option for financing the acquisition. She was particularly concerned about the increasing long-term debt and annual cash layout of $ 6.25 million for 15 years. We believe that her concerns are justified, because the Company had already significant amount of debt that could result in higher risks and stock price

1. Noelle quits her $80,000-a-year job to stay home. What is the opportunity cost of her decision?

The midterm will draw on the following major themes we have discussed so far during the course. As you study, please consider not only each individual theme, but also the ways in which these themes may be related to one another. Essay questions will be drawn from these themes, but may ask you to relate two or more of them within the same question. The best answers will synthesize thematic material we have discussed in lecture with specific details from both lecture and readings.

This debate is set April 12, 1861 between a congressman from New Haven, Connecticut, of the United States of America and a congressman from Jackson, Mississippi, of the Confederate States of America. Each congressman is very well informed of the issues leading up to the Civil War. They will debate over a variety of different issues that include secession validity, race relations, a plan to win the war, and a postwar vision. Each side will have a chance to debate said facts, opinions, and convincing arguments in a respectful manner. Was slavery the main cause leading to up to the Civil War, or was it states’ rights? With so many factors at play, the

Equator - imaginary line at 0° latitude that divides the earth into the northern and southern hemispheres

accepting voluntary services for the United States, or employing personal services not authorized by law, except in cases of emergency involving the safety of human life or the protection of property. 31 U.S.C. § 1342.

Besides the president having too much power another thing that has the American people buzzing is bureaucracy. Bureaucracy is a hierarchical authority structure, in which power flows from the top down and responsibility flows from the bottom up; it uses task specialization so that experts instead of amateurs perform technical jobs; and it develops extensive rules, which may seem extreme at times but which allow similar cases to be handled similarly instead of capriciously (Edwards, Wattenberg, & Lineberry, 2008).

In answering the following questions, identify each essay by the title or number on the first page. Give specific examples from these essays in answering. Use a separate sheet if necessary.

The company currently faces serious financial challenges. It was struggling with declining sales and increasing costs. Since 2004, revenues had fallen by more than 40% while costs especially for employees health insurance, maintenance, and utilities climbed. Credits and loans had been borrowed to

In this scenario, Christopher’s suggestion to increase the use of its equity financing, instead of the cost of debt, is more advantageous since equity financing would only cost the company 20% instead of 25%. By focusing on the equity financing to supplement and to finance its industry, it would cost less burden for the company, since there is no loan to repay or repayment obligation and this option could allow to channel more money towards its gross profit (Kunigis, 2018). In this regard it will also be beneficial for investors, knowing that they would incur good return in value if the William Industry is able to increase its sales. In that case, it would strengthen the investor’s financial backing due to the increase of its profit. Moreover,

The company is able to survive by increasing the liability. They are borrowing heavily from the market both for the short and the long term. Current liability is over $2 billion in 2014 and close to $1.8 billion in notes. This kept the funds flowing till now.

6. What general lessons regarding the management of joint ventures in entrepreneurial settings can you draw from this case?