Answer: The Non Compete is NOT Enforceable.
Explanation:
An Agreement not to compete with your previous company is a RESTRICTIVE covenant that was generally introduced to ensure that Upper and Middle Management who were generally privy to Trade Secrets in an Organization do not take that information somewhere else and use it against that old company usually in exchange for better compensation packages.
Hernandez joined Access Organics and regrettably was not given a pay increase or any other special considerations. This is very relevant.
For a Non-compete to hold relevance especially if it is signed AFTER an employee has already being working in an organization, there needs to be SUFFICIENT Considerations that gave the employee better terms such as more job security or better benefits as a result of signing said agreement.
Andy Hernandez received no such benefits in return for signing the agreement and so the Non-compete Agreement lacks said Sufficient Considerations.
The Non-compete is therefore NOT ENFORCEABLE.
It is worthy of note that in the actual case, the Judge ruled in favor of of Andy Hernandez.
If you require further clarification do react or comment.
Answer:
a. $95 million
b. 26.5%
c. 78.6%
Explanation:
a. It is projected that the company will generate a total cash flow of $95 million in a recession. The bondholders expect to receive a payoff of $95 million.
b. The promised return is the company's required debt payment at the end of the year ($129 million) and the
t ($102 million).
Promised return =
Promised return = 
Promised return = 0.2647 ≈ 0.265
The promised return on the company's debt is 0.265 or 26.5%
c. The expected return is the company's expected debt value and the current market value of the company’s outstanding debt ($102 million). We will need to find the company's expected value of debt since it is unknown.
expected debt value =
expected debt value = (80% ×$204 million ) + ( 20% × $95 million)
expected debt value = (0.8 ×$204 million ) + ( 0.2 × $95 million)
expected debt value = ($163.2 million ) + ($19 million)
expected debt value = $182.2 million
We can now determine the expected return.
The expected return = 
expected return = 
Expected return = 0.7863 ≈ 78.6%
The expected return on the company's debt is 78.6%
Answer:
Net Asset value (NAV)
Explanation:
Net Asset value (NAV) represent per share market value of the fund.It is calculated using the below formula
Net Asset value of fund=Value of mutual fund's portfolio-Mutual fund liabilities/Number of share outstanding.
Mutual fund portfolio normally includes all the cash and securities of a fund.
NAV is normally computed at the end of the end of each trading day based on the closing market prices of the fund portfolio.
Answer:
Self actualization need
Explanation:
Since Kyle encouraged his colleagues to do <u>reach their highest potential</u> and take pride in their work. According to Maslow's hierarchy, Kyle appeal to self actualization need
Maslow defined self-actualization to be "the desire for self-fulfillment, namely the tendency for an individual to become actualized in what he is <u>potentially</u>. This tendency might be phrased as the desire to become more and more what one is, to <u>become everything that one is capable of becoming</u>."
The underlined statements in kyle's speech and the definition, are of the same meaning