Letter to a young refugee from another by andrew lam

The Comic Book Publication Group (CBPG) specializes in creating, illustrating, writing, and printing various publications. It is a small but publicly traded corporation. CBPG currently has a capital structure of $12 million in bonds that pay a 5% coupon, $5 million in preferred stock with a par value of $35 per share and an annual dividend of $1.75 per share. The company has common stock with a book value of $6 million. The cost of capital associated with the common stock is 10%. The marginal tax rate for the firm is 33%.

The management of the company wishes to acquire additional capital for operations purposes. The chief executive officer (CEO) and chief financial officer (CFO) agree that another public debt offering (corporate bonds) in the amount of $10 million would suffice. They believe that due to favorable interest rates, the company could issue the bonds at par with a 4% coupon.

Before the Board of Directors convenes to discuss the debt Initial Public Offering (IPO), the CFO wants to provide some data for the board of directors’ meeting notebooks. One point of the analysis is to evaluate the debt offering’s impact on the company’s cost of capital. To do this:

· Solve for the current cost of capital of CBPG on a weighted average basis

· Solve for the new cost of capital, assuming the $10 million bond issued at par with a 4% coupon.

· Describe how you approached these calculations. Also discuss the tax shield advantage that debt capital provides, and briefly explain the cost of capital and WACC

· Provide a Table(s) to present answers (Students can transfer their EXCEL Table if utilized)

Summarize findings

Superior papers will explain the following elements when responding to the assignment questions:

· Provide narrative and solve for the current cost of capital of CBPG on a weighted average basis (WACC)

· Provide narrative and solve for the new cost of capital (WACC)

· Provide accurate WACC calculations for both scenarios

· Provide a Table(s) to present answers (there is a difference between performing calculations and presenting the supporting data and solved answers)

· Provide narrative on tax shield implications for both scenarios

· Provide narrative briefly explaining the cost of capital and WACC

· Provide a clear, logical conclusion

4. Business Ethics Unit 7. DB

Your Discussion should be a minimum of 300 words in length and not more than 450 words. Please include a word count. Following the APA standard, use references and in-text citations for the textbook and any other sources. Include conclusion and references. You can use the one below for your reference page.

· Alva Group. (2017). CEO Reputation vs. Corporate Reputation. Retrieved from: http://www.alva-group.com/en/case-study/what-is-the-relationship-between-ceo-profile-and-corporate-reputation/

Consider and discuss the following:

· How important is the reputation of a business?

· How important is CEO's reputation to the reputation of the business itself?

· Is it better to have the reputation of being powerful or of being fair? For example, do you want to be insured by a company that always wins, or by an insurance company that is willing to allow the benefit of any doubt?

· Goodwill is the technical word for the asset of a company being worth more than the sum of its parts. How would you measure the Goodwill of a company in dollar figures?

5. Business Ethics. Unit 7 Written Assignment

Case Study: A Good Team Player

Topic: Leadership

Involved Parties:

· Steven, Assistant Department Manager

· Kristin, Newly appointed supervisor of Steven's work team

Having done well as a staff accountant in the accounts payable section of a major industrial firm for several years since his graduation from college, Steven felt that he had learned much about the “ins” and “outs” of survival in an intensely bureaucratic organization. It is thus not surprising that he was relaxed and unconcerned about his circumstances at the company as he entered the employee lounge to attend the late-afternoon welcoming reception for his new supervisor.

The new manager of accounts payable, Kristin, had been transferred to Steven’s division from a similar position in another subsidiary of the company because of her proven talent for organizing and improving the efficiency of operations there. A no-nonsense type of manager, Kristin was experienced and determined to perform her new assignment with the same vigor that had brought her so much success throughout her career.

At the reception, Kristin circulated through the room, introducing herself to her new subordinates and asking each of them if they had any suggestions that would help make the payables section a better place to work. When she approached Steven, he told her about something that had been on his mind lately: that people seemed to him to gain promotions and be given opportunities to work overtime based on who liked them and not on the quality of their work. In reply, Kristin politely stated that she would do everything that she could to see that whatever it was he was referring to would have no place in the team she would lead.

Upon his arrival at work the next day, Steven received a phone call from Kristin’s secretary asking that he meet with his new boss later that morning. He had barely entered her office for the meeting when she looked him straight in the eye and said, “I will not tolerate individuals in this organization who are not good team players. Yesterday afternoon you led me to believe that there are people in this office who are not acting in the best interests of the company, and I want to know who. I want you to tell me the names of the managers you were referring to note, and keep me informed if you see anyone hurting this company, or I’ve got to think that maybe you’re part of the problems around here.” Stunned by both the tone and content of her statement, Steven quickly tried to think of a way to respond.

How should Steven respond?

_______________________________________________

Use the Instructions for Case Analyses to craft a response to this case, articulating the main issues and ethical dilemma. Review the assessment criteria below before you begin writing.

Submit a written paper which is 2-3 pages in length exclusive of reference page and that is double-spaced. You should cite relevant resources in APA format.

Papers will be assessed using the following criteria:

The Written assignment:

· identifies all the relevant facts of the case

· articulates overarching ethical issues including the extent of Steven's responsibility to take action

· identifies the various stakeholders, and what is at stake for each one.

· poses possible alternatives and ethics of each alternative. Paper should explore the possible alternatives and ethics from the Utilitarian Perspective, the Rights Perspective, or the Justice Perspective

· identifies all practical constraints

· recommends a specific Steven should take, directly answers the question "how should Steven respond?"

· is of high quality, writing is clear and professional, paper is organized and flows in a logical way

· conforms to the structural requirements including APA style guidelines for References.

6. Operations Management. Unit7 DB

Your Discussion should be a minimum of 300 words in length and not more than 450 words. Please include a word count. Following the APA standard, use references and in-text citations for the textbook and any other sources. Include conclusion and references.

BP (British Petroleum) faced in 2010 a deep crisis as result of an accident -the worst environmental disaster in the United Stated up to date- in one of the prospection owned by the company. 11 people died, the equivalent to 4.9 million barrels were discharged in the Gulf of Mexico with devastating consequence to the marine life and $42.2 billion were claimed up to 2013 as civil liabilities.

Read the article “ BP oil spill: Five years after 'worst environmental disaster' in US history, how bad was it really ?” (http://www.telegraph.co.uk/news/worldnews/northamerica/usa/11546654/BP-oil-spill-Five-years-after-worst-environmental-disaster-in-US-history-how-bad-was-it-really.html) and answer the following questions:

· Do you think that BP could have managed the crisis more effectively? Why or why not?

· Could the reputational damage suffered by the company been avoided by a better/more adequate response?

· Do you recall when the crisis was happening? What do you recall hearing about it from the media? Was the company doing enough to respond to the public at the time the crisis was happening?

.

Sherwell, P. & Lawler, D. (2015). BO oil spill: Fiver years after 'worst environmental disaster' in US history, how bad was it really? The Telegraph. Retrieved from: http://www.telegraph.co.uk/news/worldnews/northamerica/usa/11546654/BP-oil-spill-Five-years-after-worst-environmental-disaster-in-US-history-how-bad-was-it-really.html

7. Operations Management. Unit 7. Written Assignment

Case Study: After completing your MBA at UoPeople and acquiring experience in management in different companies, you decide to start your own business that is environmentally friendly and working towards creating positive social impact.

During the first 6-months, you focus on developing a value proposal (any product or service of your choice) and synthesizing it into a Business Plan. After this period the operations of your company formally start. The next 3-years you work very hard and you put all your time and energy toward growing your business and you are successful. You take pride in what you have built, almost single-handedly. Your choices to take the high road in terms of the environment have sometimes worked against you, but you feel good about the work your company does, feeling that you are "doing well while doing good.”

However, during your 4th year, you become frustrated. You’re experiencing difficulties in winning bigger contracts because you just cannot compete with larger companies and this is hurting your company, your employees, and your reach. In order to increase your competitiveness and to guarantee your long-term sustainability, you decide to involve other organizations and individuals to gain financial support. Obviously, this means turning over the sole control that you have had in your company. Your investors become shareholders of your company with 75% of the shares, and they appoint you as CEO with the expectation of obtaining a level of profitability higher than 15% per year. If the company does not reach this figure, your shareholders will replace you (keeping you out of the general management of the company you started) and this will endanger its continuity. While your shareholders have come