When a US restaurant chain expands internationally, the most common arrangement is to license the concept with international partners owning all or most of the restaurants and the US firm getting a percentage of sales for lending its brand a) This reflects the fact that US firms often lack expertise and the ability to direct management in foreign countries that may need things like menu adjustments and differing work rules.  Foreign ownership means those in charge have the proper incentives to succeed. b) This may reflect that US firms are not as concenred about potential hits to brand and reputation in the US when they relinquish control in foreign countries c) both a) and b) d) none of the above

I understand that exams will not be returned to me. Exam grades will be available in Canvas, and I can review the concepts on the exam with my instructor during Zoom office hours but tests are not released to students.

A firm enters into a 10 year equipment lease, with rent payments of $1 million a year due at the end of each year.  The lease runs over the entire life of the equipment and the equipment has no residual value:  it’s a financial lease.  The firm’s typical borrowing rate for secured debt is 5%. a) The firm has a debt liability equal to $8.45 million b) The firm’s total expense relating to the equipment lease will be interest expense plus depreciation expense and in the first year of  lease the total expense will exceed $1 millon. c) a) and b) d) none of the above

This question is 20% of EXAM4 BE SURE TO ANSWER! For the following xd (independent) and yd (dependent) data, write a script that uses n=10 segment, composite Trapezoid Rule to integrate the yd data from xd=0.0 to xd=1.0.  Cut-and-paste this data is ok.   xd yd 0.0 2.0000 0.1 2.1421 0.2 2.0757 0.3 1.7650 0.4 1.2863 0.5 0.7835 0.6 0.3803 0.7 0.1074 0.8 -0.1074 0.9 -0.3803 1.0 -0.7835

Based on the below data, what would be the best enterprise multiple to use for valuation purposes in the industry containing firms A,B,C Firm A Firm B Firm C 2019 2019 2019 Sales 2000 2200 2300 Operating Income   400   170   250 Depreciation     80   100   100 Amortization of acquired intangibles       0   100       0 Capital Expenditures   105     85     60 a) Enterprise Value / Sales b) Enterprise Value / EBITDA c) Enterprise value / EBIT

The final day to withdraw this semester is March 26 and I must withdraw myself before the deadline if that is necessary.  

BEANTWOORD AFDELING B HIER. Beantwoord EEN van die TWEE vrae, elkeen in sy eie spasie. Beantwoord jou keusevraag hier onder vanuit die bogenoemde vrae (VRAE 2 OF 3). Maak seker dat jy reg nommer!

The following data gives spline coefficients for the form:

  AFDELING C: OPSTELVRAE   Beantwoord slegs EEN van die TWEE opstelvrae. Nommer jou antwoorde duidelik en antwoord puntsgewys.   VRAAG 4: BESIGHEIDSGELEENTHEDE   Vorme van eienskaarskap dui op die tipe besigheid wat deur die eienaar gekies word. Verskillende vorme van eienaarskap is geskik vir verskillende tipes besighede.   Skryf ‘n opstel oor die volgende aspekte:     Verduidelik die faktore wat oorweeg moet word wanneer ‘n vorm van eienaarskap gekies word. Bespreek VYF nadele daaraan verbonde om ‘n onderneming as ‘n eenmansaak te bedryf. Analiseer VYF voordele daaraan verbonde om ‘n eenmansaak te bedryf. Evalueer die eienskappe wat kenmerkend is aan eenmansake.     TOTAAL VIR VRAAG 5 [40]   OF  

Say we have some x, y data where y depends on x.  We fit cubic splines on the data.  At a specific, interior x,y point, what can you say about the neighboring cubic spline segments?