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3 years ago

The biggest criticism of the righteous moralist approach to an ethical situation is that it

Business

1 answer:

valentina_108 [34]3 years ago

7 0

Answer:

The correct answer is the last option: goes too far and not every situation can be approached relying on home-country standards.

Explanation:

To begin with, the <em>righteous moralist approach to ethics</em> refers to the belief, that the standards of ethics from a multinational's home-country are the appropiate ones to implement in companies from foreign countries, therefore that this model is very associated with managers from developed nations. Moreover, the biggest criticism to that model is that it goes too far and it does not consider that not every situation can be approached relying on home-country standards due to the fact that every nation is different and the companies in them can not imitate the standards used in the other ones.

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Year 1 2 3 4 5 Free Cash Flow $22 million $24 million $29 million $32 million $35 million XYZ Industries is expected to generate

Elena L [17]

Answer:

The expected current share price is $7.66

Explanation:

According to the given data, we have the following:

FCF1 = $22 million

FCF2 = $24 million

FCF3 = $29 million

FCF4 = $32 million

FCF5 = $35 million

Growth Rate, g = 2%

WACC = 7%

In order to calculate the expected current share price we have to calculate first the following:

First, we have to calculate the FCF6 as follows:

FCF6 = FCF5 * (1 + g)

FCF6 = $35 million * 1.02

FCF6 = $35.70 million

Next, we have to calculate the Horizon Value of Firm as follows:

Horizon Value of Firm = FCF6 / (WACC - g)

Horizon Value of Firm = $35.70 million / (0.07 - 0.02)

Horizon Value of Firm = $714 million

Next, we have to calculate the Current Value of Firm as follows:

20,560,747+20,962,529+23,672,638+24,412,646+24,954,516+509,072,132

Current Value of Firm = $22 million / 1.07 + $24 million / 1.07^2 + $29 million / 1.07^3 + $32 million / 1.07^4 + $35 million / 1.07^5 + $714 million / 1.07^5

Current Value of Firm = $623.63 million

Next, we have to calculate the Value of Equity as follows:

Value of Equity = Current Value of Firm - Value of Debt + Value of Cash

Value of Equity = $623.63 million - $40.00 million + $14.00 million

Value of Equity = $597.63 million

Therefore, the Price per share = Value of Equity / Number of shares outstanding

Price per share = $597.63 million / 78 million

Price per share = $7.66

The expected current share price is $7.66

5 0

3 years ago

Read 2 more answers

Which of the following is not a type of savings account? A. Certificate of savings B. Basic savings C. Savings bond D. Money mar

Pepsi [2]

A. certificate of savings

4 0

2 years ago

"Auditors should be familiar with the terminology employed in IT processing. The following statements contain some of the termin

mr Goodwill [35]

Answer:

Explanation:

Step 1:

the auditor is required to provide reasonable assurance for the financial statement audited.To provide such reasonable assurance,appropriate evidence must be obtained to confirm that no material misstatement material is present in the financial statement

Step 2:

For each statement select true or false in the following manner

a. A recent improvement in computer hardware is the ability to automatically produce error listings. Previously, this was possible only when provisions for such a report were included in the program.

FALSE

b. The control of input and output to and from the information systems department should be performed by an independent data control group.

TRUE

c. An internal-audit computer program that continuously monitors IT processing is a feasible approach for improving internal control in OLRT systems.

TRUE

d. An internal label is one of the controls built into magnetic tape drive hardware by the hardware manufacturers.

FALSE

e. A limit test in a computer program is comparable to a decision that an individual makes in a manual system to judge a transaction's reasonableness.

TRUE

f. A principal advantage of using magnetic tape files is that data need not be recorded sequentially.

FALSE

g. A major advantage of disk files is the ability to gain random access to data on the disk.

TRUE

h. The term grandfather-father-son refers to a method of protecting computer records rather than to generations in the evolution of computer hardware.

TRUE

i. When they are not in use, tape and disk files should be stored apart from the computer room under the control of a librarian.

TRUE

3 0

3 years ago

This morning your manager asked you to complete a special task by this afternoon. While you are working on it, a customer asks y

dem82 [27]

Ill ask for help from another coworker- if there was no one else available to help them I would help the customer if I am in that field

i needed points

8 0

2 years ago

What do you want to be when you a grow up? I want to be a model or a fitness model or a boxer or a professional tahitian dancer

ra1l [238]

I haven’t decided exactly what I wanna do yet, but here are my options:

-Interior designer
-Psychology counseling
-Fashion designer
-Small business owner (cafe?)
-Or something in the cosmetic indestry

5 0

3 years ago