Reference no: EM131183359
Answer the following questions. Use complete sentences and correct grammar. Remember the "3 Cs" - Clear, concise, and complete.
Refer to the movie "Inside Job" for the following questions.
1. Who is most to blame for the events depicted in the film? Were you angered by the events? Why?
2. Many of the transactions were legal, albeit perhaps unethical. Discuss a couple of transactions/financing arrangements that you feel should have been illegal, but were legal at the time of the film. Why do you think they should be illegal?
3. How do you feel about banks lending money at high interest rates to borrowers with poor credit (more likely to default)? Compare and contrast this with payday advance businesses, which lend money, and are often the only option for those with poor credit to obtain emergency loans, for a very high rate of interest.
Refer to the video about Jim and Tammy Bakker, Evangelists involved in a fraud:
4. List the rationalizations the Bakkers offered (there are many)?
Watch this video about a snack pilferer: https://m.youtube.com/watch?v=J6pINjggKhI
5. Why do you think Wal-Mart prosecuted this employee?
6. Review exhibits 1-5 through 1-18 in the book. Why are perpetrators with these characteristics more likely to commit fraud/cause higher median losses (e.g., why are college graduates more likely to commit fraud than high school graduates)?
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Describe different quality activities involved in project
: Describe the different quality activities involved in this project and each of their outcomes. Describe Pareto diagrams and their use in project management.
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Weighted average cost of capital
: (Weighted average cost of capital) In the spring of last year, Tempe Steel learned that the firm would need to re-evaluate the company's weighted average cost of capital following a significant issue of debt. The firm now has financed 43 percent of i..
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What is the project''s net investment outlay at year 0
: The best estimate of the machine's salvage value after three years of use is $20,000. The machine would have no effect on the firm's sales or revenues, but it is expected to save Kidd $20,000 per year in before-tax operating costs. The firm's tax ..
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Define the interests of both parties
: Write a 1-2 page paper in which you compare and contrast the thoughts of Aquinas and Augustine on the role of religion in government. Within your paper, assess the legitimacy of tyranny as a form of government from the viewpoint of both philosophe..
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Why do you think walmart prosecuted this employee
: Who is most to blame for the events depicted in the film? Were you angered by the events? Why?- Why do you think Wal-Mart prosecuted this employee?
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Discuss process went through to select appropriate data type
: Discuss the process you went through to select the appropriate data types, primary and foreign keys, and other constraints that are necessary to maintain the integrity of the database.
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Prepare a financial statement analysis report
: Based on these financial statements, the company's background, industry statistics, and other market and company information, prepare a financial statement analysis report.
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Cost of common equity capital
: Cost of common equity) Falon Corporation is issuing new common stock at a market price of $27.32. Dividends last year were $1.39 and are expected to grow at an annual rate of 7.4 percent forever. What is Falon's cost of common equity capital?
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Source of electron flow in batteries
: Provide a straight forward explanation of what a redox reaction is and what equilibrium is. Also explain how redox reactions are the source of electron flow in batteries and how a dead battery can be said to have attained equilibrium?
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