Universal ethic can be define as actions that are taken out of duty and obligation to a purely moral ideal rather than based on the needs of the situation, since the universal principles are seen to apply to everyone, everywhere, all the time. Based on the universal ethic, we feel that it is ethical forU.S. regulation to put U.S. companies at an apparent disadvantage to their foreign competitors because in a competitive market, all the companies have to face to a fair competition. U.S. regulation should not hide the disadvantages of its own nation company and try to protect their interest.In contrast, U.S. regulation should disclose all the disadvantages to every stakeholder especially investors because with the transparency of a company’s financial statement, the investor just can make a right decision whether to invest in that company. To solve the ethical dilemma, trust <span>versus loyalty element should be consider. Instead of continue protecting U.S. companies, U.S.</span>
They created efficiencies that streamlined government.
Answer:
Food, Drug, and Cosmetic Act is the correct answer.
Explanation:
Answer: 26.73%
Explanation:
You can calculate the expected return using the Capital Asset Pricing Model (CAPM).
Formula is:
Expected return = Risk free rate + beta * (Market return - risk free rate)
Use the previous figures to solve for the risk free rate:
20.47% = Rf + 1.39 * (16.50% - Rf)
20.47% = Rf + 22.935% - 1.39R
20.47% - 22.935% = Rf - 1.39Rf
-2.465% = -0.39Rf
Rf = -2.465% / -0.39
= 6.32%
New expected return is:
= 6.32% + 1.39 * (21% - 6.32%)
= 26.73%
