Tutorial 8 (topic 7) Preparing A Proper Ethical And Legal Foundation Q1. In general‚ do entrepreneurs tend to overestimate or underestimate their knowledge of the laws that pertain to starting a new firm? What does answer to this question suggest that entrepreneurs do before they start a firm? In general‚ entrepreneurs tend to overestimate their knowledge of the laws that pertain to starting a new firm. Before entrepreneurs start a firm‚ they should seek for lawyer to get some legal advice‚ get
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Tutorial (Week 4) Question 1 Price Qty Demanded (Income = RM4‚000) Qty Demanded (Income= RM5‚000) 5 20 25 8 16 22 11 12 19 14 8 16 17 4 13 a. Use the midpoint method to calculate your price elasticity of demand as the price of T-shirt increases from RM5 to RM8 if (i) Your income RM4‚000 (ii) Your income RM5‚000 b. Calculate your income elasticity of demand as your income rises from RM4‚000 to RM5‚000 if (i) The price is RM14 (ii) The price is RM17 Question 2 Consider public policy aimed at smoking
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FINANCE: TUTORIAL 2 (Suggested Solutions) 1. Liquidity measures how quickly and easily an asset can be converted to cash without significant loss in value. It’s desirable for firms to have high liquidity so that they can more safely meet short-term creditor demands. However‚ liquidity also has an opportunity cost. Firms generally reap higher returns by investing in illiquid‚ productive assets. It’s up to the firm’s financial management staff to find a reasonable compromise between these opposing
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The importance of custom as a source of law for Roman Law Name: Kristina Azzopardi I.D. card: 492895 M Roman law is the legal system of Ancient Rome and it is a rather primitive law as it dates back to hundreds of years B.C. mainly because Rome was founded in B.C. 753. During this period‚ law was customary rather than enacted however it was developed because the Emperor Justinian felt that an organised society was essential and that laws should not remain scattered‚ and in fact‚ what today
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UNIVERSITI TUNKU ABDUL RAHMAN FACULTY OF BUSINESS AND FINANCE ACADEMIC YEAR 2015 / 2016 TUTORIAL 8 Learning Outcome:- On completion of this unit‚ a student shall be able to: Discuss the characteristic and feature of common stock and preferred stock. Apply preferred and common stock valuation. 8-1 How does a right’s offering protect a firm’s stockholders against the dilution of ownership? 8-2 What
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The four types of essay organizations discussed in the course reading are topic‚ time order‚ space order‚ and informative process. The characteristics that make these essays expository are a defined thesis in the introduction‚ evidence in each paragraph to support the thesis‚ information presented in a nonbiased opinion‚ and the use of third person writing. Space order refers to information that deals with location. Time order is organized information that sequentially moves from one time period
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SCHOOL OF FINANCE AND APPLIED STATISTICS FINANCIAL MATHEMATICS (STAT 2032 / STAT 6046) TUTORIAL SOLUTIONS WEEK 8 Question 1 This question refers to two projects relating to a small software company that has asked to set up a new computer system for a major client. : Project A Project A delegates all the development work to outside companies. The estimated cashflows for Project A are (where brackets indicate expenditure): Beginning of year 1 Beginning of year 2 Beginning of year 3 End
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of Commerce (Hons) Accounting Bachelor of Business Administration (Hons) Banking & Finance Bachelor of Finance (Hons) Year 1 Semester 1 Faculty of Business and Finance Department of Commerce & Accountancy UBAF1013 Financial Accounting Framework I Tutorial 1 (1a) Which of the following statements about users of accounting information is incorrect? (Weygandt‚ Kimmel & Kieso‚ 2008‚ p.31) A Management is an internal user B Taxing authorities are external users C Present creditors are external users
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Essays are major part of academic education. In US almost all college and university admission can be done by writing essay. The admission officers with better insight about your essay and how you differ from the other applicants essays. In crucial stages the essays are used to make a decision whether an applicant will be selected. In academic education students regularly have essay writing activities based on their course content. The initial steps are usually deciding what topic to discuss. The
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Quantitative Methods for Economics Tutorial 12 Katherine Eyal TUTORIAL 12 25 October 2010 ECO3021S Part A: Problems 1. State with brief reason whether the following statements are true‚ false or uncertain: (a) In the presence of heteroskedasticity OLS estimators are biased as well as inefficient. (b) If heteroskedasticity is present‚ the conventional t and F tests are invalid. (c) If a regression model is mis-specified (e.g.‚ an important variable is omitted)‚ the OLS residuals will show a distinct
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