Name two firms that have recently declared bankruptcy (within 5 years) and for each firm address the following questions: -- Why did the firm declare or is declaring bankruptcy? -- Is the firm declaring under Chapter 7 or Chapter 11 of the Federal Bankruptcy Reform Act? -- Has a plan been established to reorgan
Discuss how management today has changed from the past, with respect to corporate responsibility and ethics.
1) Impact of mergers and acquisitions on business 2) Sensible and dubious reason for benefits, and cost of cash and stock transactions and financial risks of merging how those risks could be mitigated.
1. Which of the following statement is most correct? a. Our bankruptcy laws were enacted in the 1800s, revised in the 1930s, and has remained unaltered since that time. b. Federal bankruptcy law deals only with corporation bankruptcies. Municipal and personal bankruptcy is governed solely by state laws. c. All bankruptcy p
Indicate whether a company should (a) adjust the financial statements, (b) disclose in notes to the financial statements, or (c) neither adjust nor disclose.
(Post-Balance-Sheet Events) For each of the following subsequent (post-balance-sheet) events, indicate whether a company should (a) adjust the financial statements, (b) disclose in notes to the financial statements, or (c) neither adjust nor disclose. ______ 1. Settlement of federal tax case at a cost considerably in excess o
How do you think the efficient market hypothesis should impact the drafting of accounting standards, should it impact at all, and if so why or why not? and does accounting data really have predictive power, why or why not?
1. Why are investors and major lending institutions wary of publicly disclosed financial statements? Generally, has confidence in stated revenues over time eroded? Why or why not? 2. Is it in the shareholder's best interests to have a firm under price some products it sells, while overpricing others? Ethics Case Wayne
I need to comment on the following statements: 1. "The less a company needs to raise capital to finance expansion, the more money it should borrow. Instead it is those companies that need to raise new capital that should shun debt, preferring equity". 2. "Because both bondholders and stockholders demand higher rates of ret
Coffee and More Scenario Coffee and More (Coffee), a corporation that is not publicly traded, owns and operates ten coffeehouses in Your State, U.S.A. The company has been in business for eight years. Each Coffee and More store sells gourmet coffee (brewed only), pastries, bagels, compact discs, and books. Coffee also offers
Can someone eloborate and, if necessary, correct my responses to the questions below? A) Why is debt a comparatively cheaper form of finance than equity? The repayments on the debt component are deductible from income of a business and the WACC calculations reflect this savings as well. Because debt is a fixed amount that
1. Petition In March 1988, Daniel E. Beren, John M. Elliot, and Edward, F. Mannino formed Walnut Street Four, a general partnership, to purchase and renovate an office building in Harrisburg, Pennsylvania. They borrowed more than $200,000 from Hamilton Bank to purchase the building and begin renovation. Disagreements among th
Using each of the 4 criteria in lecture listed below: 1) Anti-trust law, 2) Approach to an Holder in Due course problem 3) How to obtain Holder in Due COurse status 4) Forms of Buisness organization describe why you feel that the form of organization (which is limited liabilty, LLC,(Bank of America) is (or is not) in the com
Because of the difficulty in determining a firm's optimal or target capital structure, financial managers depend on both quantitative analysis and judgment in practice. Some things that are considered are: Cash Flow Market Conditions Profitability and Stability Control Management Preferences Financial Flexibility Bus