...Student Name: Student ID Number: THE UNIVERSITY OF NEW SOUTH WALES FINS1613 BUSINESS FINANCE FINAL EXAM OCTOBER / NOVEMBER 2009 (1) (2) (3) (4) TIME ALLOWED - 2 HOURS TOTAL NUMBER OF QUESTIONS – 50. ANSWER ALL QUESTIONS. ALL QUESTIONS ARE OF EQUAL VALUE. THERE IS NO NEGATIVE MARKING. THIS PAPER MUST NOT BE RETAINED BY THE CANDIDATE. CANDIDATES NEED TO BRING A PENCIL AND ERASER TO THE EXAMINATION. CANDIDATES NEED TO BRING A UNIVERSITY APPROVED CALCULATOR TO THE EXAM. MATHEMATICAL TABLES ARE PRINTED AT THE BACK OF THIS EXAM PAPER. (5) (6) (7) (8) PRINT YOUR STUDENT NUMBER ON THE TOP RIGHT HAND CORNER OF THIS PAGE. ANSWER ALL QUESTIONS ON THE ANSWER SHEET PROVIDED. ALL ANSWERS MUST BE IN PENCIL. FINS 1613 Final Exam 1 T2 2009 Multiple Choice - 50 Questions: 1 mark each. 1) If a firm follows a residual dividend policy, they will give precedence to: a) b) c) d) e) maintaining their desired debt-equity ratio over paying dividends paying a constant dividend over increasing retained earnings paying dividends over accepting positive investments maintaining a constant level of debt before paying dividends avoiding dividend cuts over changing the debt-equity ratio 2) An investment project is most likely to be accepted by the payback period rule and not accepted by the NPV rule if the project has a) b) c) d) e) a large initial investment with moderate positive cash flows over a very long period of time. a very large negative cash flow at the termination...
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...aipr,* ! _, t..1q marks) only.'**.' i rnstruction, anr*r@irouestions tlf''n{'r'r! l {l} !,' :.,.{ r;:,, 6. Discuss the three commonly used strategies or approaches for implementing changes in an organization. Provide and discuss'bne advanqgg and-'q"1t-9 disadvantage for each type ofapproach. (t''ru rr (15 marks) 7. ,. .,1:..|.: ii, 1 Suggest and discuss guidelines that could be used by a firm to deterrnine whether it should conduct rcsearch and development (R&D) internally or externally. (l5marks) g. intemal Organizations face dynamic environments because various key external and as the factors often change quickly and drastically. Countless firms that have thrived market leader may struggle for survival in the following year. Thus, strategy evaluation is critical to an organization's well-being. Compare and contrast two Rumelt's four criteria for evaluating strategies. (15 marks) of g. Discuss the benefits and limitations of developing a...
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...Office Use Only | | | | | | Monash University Semester 1 Examination 2012 Faculty of Business and Economics Department of Accounting and Finance EXAM CODE: AFG1002/AFW1002 TITLE OF PAPER: INTRODUCTION TO FINANCIAL ACCOUNTING EXAM DURATION: 180 minutes writing time READING TIME 10 minutes THIS PAPER IS FOR STUDENTS STUDYING AT: (office use only - tick where applicable) |( Berwick |( Clayton |( Malaysia |( Off-Campus Learning | ( South Africa | |( Caulfield |( Gippsland |( Peninsula |( Pharmacy | | |( Enhancement Studies |( Open Universities Australia |( Other (specify) | During an exam, you must not have in your possession, a book, notes, paper, calculator, pencil case, mobile phone, or other material/item which has not been authorised for the exam or specifically permitted as noted below. Any material or item on your desk, chair or person will be deemed to be in your possession. You are reminded that possession of unauthorised materials in an exam is a discipline offence under Monash Statute 4.1. 1. This examination paper consists of eight (8) questions printed on eight (8) pages. PLEASE...
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...Tameka Huff Dr. Christine Gray English 101 February 28, 2013 Memories of the past 18 years It was June 17, 1995 I remember this day like it was yesterday because it was six day after my 15th birthdays and I had just finish visit with my grandmother in Dover Delaware and was on my way back to Maryland to go to my girlfriend Alicia’s birthday party. I remember that I didn’t make to my girlfriend birthday party and sleepover for some reason, so I went home. This story changes my life in many ways to the point I view the world in many shade of color. I have had some obstacles to overcome with the death of my father at the age of 15 years old. I guess I need to start from the beginning of the story. At that time my mother and father were divorce and I had just turn 15 years old I was l living here in Maryland and my father was living in Cleveland Ohio at that time. This was the summer that I should have spent the summer with him. It was my birthday June 11, 1995 my father had just call to wish me a happy birthday and to tell me that he love me and that he would see me and my brother in a couple of days, and then my dad said he need to talk to my mother about the plans of when we meaning my brother and I were on our way to Cleveland. My mother and father had made the plan and we were ready to go. The plan was set for June 21, 1995 to leave and drive to Cleveland to spend the whole summer with dear old dad, but something happen that Saturday. I did not know what was happening...
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...OFFICE USE ONLY Monash University Semester One Examination 2014 Faculty of Business and Economics Department of Accounting EXAM CODES: ACW2020 TITLE OF PAPER: COST INFORMATION FOR DECISION MAKING EXAM DURATION: 3 hours READING TIME: 10 minutes THIS PAPER IS FOR STUDENTS STUDYING AT: (office use only - tick where applicable) Berwick Clayton Peninsula Distance Education Caulfield Gippsland Sunway Other (specify) Open Learning During an exam, you must not have in your possession, a book, notes, paper, calculator, pencil case, mobile phone or any other material/item which has not been authorised for the exam or specifically permitted as noted below. Any material or item on your desk, chair or person will be deemed to be in your possession. You are reminded that possession of unauthorised materials in an exam is a disciplinable offence under Monash Statute 4.1. AUTHORISED MATERIALS CALCULATORS YES NO (If YES, only calculators with an 'approved for use' Faculty label are permitted) OPEN BOOK YES NO SPECIFICALLY PERMITTED ITEMS if yes, items permitted are: YES NO This paper consists of six (6) questions printed on a total of ten (10) pages. Students must attempt to answer ALL questions. STUDENT ID: …………………………... DESK NUMBER: ……………………. PLEASE CHECK THE PAPER BEFORE COMMENCING. THIS IS A FINAL PAPER. THIS EXAMINATION PAPER MUST BE INSERTED INTO THE ANSWER...
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...With the urbanization and technology development across the world. learning has become the subject of heated debate, while it is possible to claim that skills provide various benefits such as knowledge, others maintain that the substantial side effects of learning education spark off the controversy over the potential impact of this trend on disadvantages over the past years. In this essay, I shall elaborate on my point of view by analyzing both sides of arguments with my experience before deducing a proper conclusion. First of all, it is generally acknowledged that learning provides a number of merits. For example, learning language has comprehensively contributed to the advancement of the subject such as culture and a human lifestyle in...
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...categories in ten States of America: violent, property, murder, aggravated assault, forcible rape, theft of vehicles, Burglary and Larceny-theft. The mostly committed crime per 1000 people from the year 1960 has been property related crimes while murder and rape crimes were the least committed crime. In the year 1960, 1,035.4 cases of crimes related to the property were recorded in Alabama, and it is important to state that the same trend was manifested in 2013 where 3,769.4 cases were recorded. Murder crimes recorded in 1960 were 12.4 while, in the year 2013, 7.2 cases were recorded, and this shows there has been a decrease over time in murder crimes. Arkansas In a similar manner Alabama, the property related crimes are the highest while murder crimes are the least. However, the number of crimes rate for every 1000 people in Arkansas has been lower than that in Alabama because, in the year 1960, there were 926.4 and 8.5 cases of property and murder crime cases. Coming to the year 2013, it is evident that crime in property had increased while that in the murder had reduced as indicated by the statistics of 3602.6 and 5.4 respectively. Arizona Despite the fact that property crimes are similarly higher and murder, crimes are lower, Arizona recorded a higher property crime rate of 2806.0 in the year 1960 that is higher than in Alabama and Arkansas, but surprisingly, murder crimes were lower than those in Alabama and Arkansas with a record of 6.0 for every 10000 people. Come the year2013...
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...have had our fingers burnt at some time or another. That is, bad things have happened to us during our lives. They range from the physical scars we bear from cuts, breaks, illnesses and diseases that strike us down sometimes without warning. They are the accidents from simply falling over or from going head to head with a car. They are the psychological scars from tragedies such as bereavement or divorce. We often say that given time, we will recover. We will get better. Things will improve. Time, we say is a great healer. Time itself though if we think about it, is indifferent to our various crises and celebrations. Time, we seem to have universally agreed is a unit measuring the distance between two events. The hours, weeks, months and years themselves do not do anything. It is how we fill our time that makes it productive, or wastes it. Different people in the same period of time will do very different things. One might write a masterpiece, another might embroider a quilt. One might do nothing but watch TV. The same amount of time has passed but with very different results. It is up to us to give the time value and meaning. When we suffer an injury, we know that as humans, we will repair to a certain extent over a period of time. A bone that is broken will set, and a cut will heal over and scar. Yet time alone does not do everything. Isn't it true that a bone needs to be reset properly? Isn't it true that a cut needs to be disinfected? If infection sets in, the only thing that...
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...profession that brought credibility for complex business practices that sparked the economic, and as a platform to the information revolution that is transforming the global economy . Most of us don’t know the names of accounting innovators; in reality, there are no names were known before the Italian Renaissance. The early history and scholars from many fields showed the importance of accounting to so many aspects of economics and culture in the past. Archaeologists discover the interpretations of the artifacts of the ancient accountants, and it is developed over 5,000 years. Accounting was main factor to the success of Italian merchants, necessary to the birth of the Renaissance and Industrial Revolution firms. Nowadays, a global economy integrated information system is a reality, creating new accounting paradigms. Understanding accounting history is needed to develop a link to predict this future business world. The only way we can understand who we are as an accountant and how we got to be that way is by studying the past. "We study the past to understand the present; we understand the present to guide the future." -- William...
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...The study of past human activities is paramount in understanding human nature as well as structure and cultures of various communities in the world. To many historians and individuals, history is one of the important assets that a country or a community can ever possess because it differentiates it from other communities or countries. Often, history provides an account of past events of a community or a country and can be very useful in predicting the future. According to historians, history should never be pursued for the sake of just collecting information and data to add more knowledge about the past, but rather it should be part of human being to be carried with them each and every single day. Despite the fact that most people believe that...
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...My Past, Present, and Future PSY 202 My past was my future, and both were full of doubt and unwillingness to continue my education after I graduated from high school. After high school, three individuals impacted my life and changed my views on family, life, and education. Several years passed with me working a steady job until I found myself almost unemployed and needing the education I had not pursued. This resulted in my decision to join the Army to support my financial needs. I felt satisfied with my employment, until I decided to have a family of my own and with this expansion; I knew I had to further my education to meet the requirements to excel in my career. These life experiences changed my views on family, life, and education. Unfortunately, I was always unbalanced and unable to meet the educational needs that needed to be settled in my life. The three individuals that have influenced my life, and who have helped me become the person that I am today are my father, my uncle, and my wife. Their influence has greatly affected who I am and who I want to be. Urie Bronfenbrenner stated, “Ecological theory proposes that human development is best explained in terms of the interaction between individuals and the environments in which they live or have lived” (Witt & Mossler, 2010, p. 53). My father was a big influence, directing me to conduct myself as a man should. He instilled morals, beliefs, and responsibilities that helped me to look for the good in everyone...
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...Mcteigue has opened our eyes to a time where we face the same issues as we have in the past. A time not long ago a man was put in power who believed he had the right to decide who deserved to live and who didn’t. He killed millions of people because they didn't fit what he believed was the right standards. No one stopped him or stood up to him and so killing people became normal, it become apart of everyday life. V for Vendetta portrays a future just like this. Norse Fire, the government, has created a set of standards that they believe everyone should fit. People should be straight, they should conform and they shouldn't talk negatively of the government. Those that don’t fit these standards are tortured and killed. People lose their chance of having individuality and...
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...results of the peer feedback did not upset me or make me angry. I didn’t mind at all getting feedback from my peers. As a reservist and having that civilian job gave me the experience on how to accept feedback from my peers, coworkers, and supervisors. Having worked for almost 24 years I understand how to soak it up like a sponge and then applying it to myself, subordinates, or future subordinates. I didn’t think my strength and weaknesses were different from the way my peers perceived me. My strengths and weaknesses define who I am. My strengths help me become a better person and my weaknesses keep me fighting to be that better person. Recognizing my own personal strengths, I am able to build on them and use them towards my advantage. I believe these attributes make you who you are and show your true abilities as a person. We all have strengths and weaknesses, and they differ from one person to another. What I learned from my peers about myself is that they see me as being an older brother. I was willing to give my peers some advice based on some of my past experiences. That been there done that type of person. Will this affect my future behavior? For me it won’t. With my past experience knowing how to handle certain situations and how to improve on it. In the future, I plan to be a little bit more professional to give guidance,...
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...Alex Pond Phil 4010 Dec. 2, 2014 On the Shallowness of the No Regret Condition I would disbelieve the person who claimed to have never experienced regret. There are so many triggers for this emotion that to have completely avoided it, one may question the authenticity of the social existence of the agent that has managed this avoidance. Bratman initially proposes the no regret condition in an attempt to explain how rational agents may stick to prior plans in the face of a temporary preference reversal. I will argue in this paper that in doing so he makes a positive contribution to practical reasoning theory, but his defense of the condition is contradictory, and highlights underlying commitments he has made regarding what we are ontologically that I believe to be misguided. The working example is that Chrisoula desires to work on a paper, which is to be published, tonight after dinner. During dinner she enjoys a glass of wine, and after she has finished that glass, she genuinely desires another. Knowing fully well that having consumed two glasses of wine, her cognitive and articulative abilities will be noticeably impaired; these two evaluative rankings are mutually exclusive (insofar as Chrisoula values the quality of her work). What should she do? There is a sense that, in their immediacy, evaluative rankings hold equal sway in the decision making process of the decider. The desire Chrisoula had, before dinner, to work on her paper, was equally as strong as her desire...
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...I have never been one that had much interest in history. While it serves its purpose in providing insight it always repeats itself as often stated. George Santayana described history as “nothing but assisted and recorded memory,” as well as something “condemned to [be] repeat[ed]” if past mistakes were not taken into account for future dealings. For the most part, humans have learned a great deal from the past but pick and choose when to properly utilize that knowledge, when to remain stagnant, and when to forget lessons learned entirely. Reading William Bradford’s history of Plimoth Plantation however, helped me remember the incredible endurance God imparted in the human spirit and reaffirmed how He always leads His people to victory after...
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