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Write an email about a party cancellation.
Nobody likes a party more than Edgar Dunkirk, the president of Rockabilly Enterprises, a record label. In the early days, the company's holiday parties were legendary for their splendid food arrangements and outstanding entertainment (featuring the label's popular singing stars). Employees performed elaborate skits and competed for valuable prizes. These days, however, sales of the company's country and rockabilly recordings are down. In fact, Dunkirk recently had to lay off 150 of the company's 350 employees, the most severe austerity measure in the company's history.
Because so many employees had to be let go, including some who had helped Dunkirk found the company a decade ago, the president has decided that a lavish party would be inappropriate. He has therefore canceled the traditional holiday party. As Dunkirk's vice president of human resources, write an email communicating the news to Rockabilly's employees.
In order to make the statement of cash flows for Building Blocks Corporation for 2006, the accountant has compiled the following data regarding cash flows:
The demand curve and supply curve for one-year discount bonds with a face value of $ 1,000 are represented by the following equations: Bd: Price = - 0.6 Quantity + 1140 Bs: Price = Quantity + 700 a. Draw the Supply and Demand graphs for this bond
A commercial bank will loan you $49,514 for 5 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 17.41 percent of the unpaid balance. What is the amount of the mon..
The Time Value of Money is a concept that is central to the discipline of finance. Explain the concept and its relationship to maximizing shareholder wealth.
Transactions during the period 1 December 2015 to 30 November 2016 are given below for ABC Construction.
Calculate the flexed budget and the key variances between budgeted and actual results
Which terms are better if the firm intends to borrow the $10 million for the entire year? If the firm plans to use the funds for only three months, which terms are better?
He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 4.84 percent. If the current market rate is 7.29 percent, what is the maximum amount Pierre should be willing to pay for this bond?
pawnee manufacturing produces casings for stereo sets large and small. in order to produce the different casings
Is the monthly payment for the 15-year maturity twice the amount for the 30-year maturity or less than twice the amount? Explain.
Examine the exchange rate of the U.S. dollar and the Chinese Yuan for the last 24 months. Explain the major overall changes that have occurred and speculate on the key economic variables that most likely have influenced the exchange rate movements..
The ABC Company has a cost of equity of 10.5 percent, a pre-tax cost of debt of 5.9 percent, and a tax rate of 25 percent. What is the firm's weighted average cost of capital if the weight of debt is 47 percent?
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