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An engineer had formerly been involved with manufacturing nuclear reactor parts that were to be put into US Navy vessels. However, he was fired after superiors heard he had been complaining to coworkers about quality control problems he felt he had observed. His superiors determined that these complaints were probably breaking the company's Navy contract. Subsequently, the engineer was fired. The engineer brought suit against the company for wrongful discharge in 2005. However, he brought suit in federal court. His reasoning for suing in federal court was that the firing violated two federal statutes. Both statutes banned the submission of untrue claims to the military or federal government. Generally, these statutes concern fraud in government contracting, although the engineer felt that his firing could be loosely linked to government statutes. A wrongful discharge suit, however, is generally subject to state law. Therefore, the company attempted to move the suit from the federal court to a state court, arguing that the federal court had absolutely no jurisdiction over the case. Which court has jurisdiction? Support your answer.
Project K costs $65,000, its expected cash inflows are $15,000 per year for 10 years, and its WACC is 13%. What is the project's NPV? Round the answer to the nearest cent. Please break the problem down so I can understand how you came up with the ..
Atlantic Airlines has a profit before taxes of $1 million flying at 80% of capacity with revenue of $100 million, fixed cost of $69 million and variable cost of $30 million.
Solve the questions on organizational management and Net operating income is income after interest and taxes
The purpose of the annotated bibliography is to assist you in developing research analysis skills including critical thinking, writing, and literature research skills.
What interest rate is the bank required by law to report to potential borrowers? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.
Booher Book Stores has a beta of 0.8. The yield on a 3-month T-bill is 4%, and the yield on a 10-year T-bond is 6%. The market risk premium is 5.5%, and the return on an average stock in the market last year was 15%. What is the estimated cost of ..
The composition of the group; namely the subsidiaries, associates, any joint ventures and any other significant investments Why did the parent entity have to prepare consol idated financial statements when the subsidiary company is a separate legal..
Sales are projected at 8,800 units over the 3-month life of the project. What are the total variable costs of the project?
what is the amount of the expected operating cash flow in year 3?
How can indifference curve analysis be used to compare the effects of lump-sum taxes and price-distorting taxes? What is the excess burden of a price-distorting tax for an individual taxpayer?
Explaining and Comparing Mutually Exclusive projects and Eads Industrial System Company is trying to decide between two different conveyor belt systems
What is a fair price per share and how many additional shares must Benjamin sell to the angel? Because the stock will be sold directly to an investor, there is no spread; the other flotation costs are insignificant.
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