John Rawls’ justice as fairness framework involves principles that help individuals understand the basis of just societies. According to Rawls, a society is just only when its institutions work to everyone’s benefit and do not marginalize a certain section of the population.
Rawls’ principles of justice are the liberty principle and the difference principle. An analysis of the Merck and River Blindness case using John Rawls’ justice as a fairness framework will result in the conclusion that the pharmaceutical company acted justly. In this case, Merck was confronted with a dilemma; it had discovered a potential cure for a debilitating human disease known as river blindness but could not sell the drug at a profit because those who would benefit from it could not afford to pay for it. Merck’s research scientists argued that the drug was far too promising from a medical standpoint to abandon. In light of this, Merck made the decision to manufacture and distribute the drug for free.
The company's decision was grounded in its core values, which were to preserve and improve human life, as well as being dedicated to the highest level of scientific excellence while committing their research to improving human and animal health and the quality of life. These values align with Rawls’ principles of justice, which state that institutions must work to everyone’s benefit and not marginalize any section of the population.
In conclusion, Merck acted justly in the case of River Blindness by choosing to manufacture and distribute the drug for free.
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Suppose you are the CEO of Golden-Arch. You are considering whether to introduce automatic food ordering machines to improve customer experiences. Each machine, with the price of 200,000NTD, would raise additional revenue of 5,000NTD every month for 5 years. As a rational decision maker, should you buy these machines? (A) Costs are 300,000 NTD per machine. (B) Benefits are 200,000 NTD per machine. (C) Net Values are 100,000 NTD per machine. (D) You should not buy the machines.
As a rational decision maker, you should not buy the machines. Option D
How to determine the decisionAs the CEO of Golden-Arch, I would have to be carefully assess the choice to introduce automatic food requesting machines.
To decide whether it could be a levelheaded choice, I would consider the costs and benefits related with the machines.
Each machine costs 200,000 NTD and raises extra income of 5,000 NTD per month for 5 a long time, coming about in add up to benefits of 200,000 NTD. In any case, the costs are 300,000 NTD per machine, coming about in a net esteem of -100,000 NTD per machine.
Given that the net esteem is negative, it would not be a judicious choice to purchase these machines.
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As the CEO of Golden-Arch, let's analyze the situation to make a rational decision.
To calculate the net value of buying the automatic food ordering machines, we subtract the costs from the benefits. Given the information provided:
(A) Costs per machine: 300,000 NTD
(B) Benefits per machine: 200,000 NTD per year, for 5 years, totaling 1,000,000 NTD
Now, let's calculate the net value:
Net Value = Benefits - Costs
Net Value = 1,000,000 NTD - 300,000 NTD
Net Value = 700,000 NTD
The net value of 700,000 NTD per machine indicates a positive return on investment. Therefore, buying the machines would be a rational decision.
Based on the given information, the correct statement is:
(C) Net Values are 100,000 NTD per machine.
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Which is most likely for US banks? Banks hold customer deposits in their vaults. Banks make most of their profits from the overdraft and checking fees that they charge. The largest asset for most banks is their gold reserves which they hold in their vaults. Banks lend out most of the customer deposits they take in.
Out of the given options, the most likely scenario for US banks is that banks lend out most of the customer deposits they take in. Last option is correct.
What are Gold Reserves? Gold reserves are the gold deposits held by national banks and other monetary authorities as a guarantee for meeting their obligations, such as redeeming paper money, maintaining the stability of the foreign exchange rate, and as a store of value. Why is lending out customer deposits a profitable option? Banks lend out most of the customer deposits they receive because that is the most profitable way for them to earn money.
This is because they charge interest on the loans they give to borrowers, which is more than what they pay their depositors in interest. Therefore, by lending out the deposited funds, they make profits through the interest charged on loans. Hence, the correct option out of the given ones is: Banks lend out most of the customer deposits they take in.
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Benefits of Pollution and Abatement Costs 3.1. Please explain how the benefits of pollution are derived from abatement costs. 3.2. We identify the efficient level of emissions using two approaches: the minimization of total pollution-related costs and the maximization of pollution-related net benefits. We also identify the efficient level of abatement using the maximization of abatement-related net benefits. These three approaches identify the same level of pollution and abatement. Why?
3.1 The benefits of pollution are derived from abatement costs because the cost of reducing pollution is known as abatement costs.
The cost of producing a product or service may increase as a result of pollution control. The cost of an abatement measure is the amount of money spent to reduce a pollutant by one unit. As a result, the advantages of pollution are frequently expressed in terms of the cost of abatement.3.2 The three approaches (minimizing total pollution-related costs, maximizing pollution-related net benefits, and maximizing abatement-related net benefits) identify the same level of pollution and abatement because when pollution is reduced, the abatement costs increases. When the cost of pollution is low, there is a high level of pollution and a low level of abatement. When pollution costs rise, businesses will invest more money in pollution control, resulting in a greater level of abatement.As a result, in order to obtain the ideal level of pollution, these three approaches to abatement and pollution control are interdependent and must be taken into account.
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Which is false about manufacturing when compared to services? a. Output- tangible b. Customer contact- low c. Measuring productivity: difficult d. Uniformity of output: high e. Uniformity of input: high
Manufacturing and services are two different sectors of the economy. Manufacturing industries are those that are involved in producing tangible goods, while services industries are those that provide intangible goods and services. There are several differences between manufacturing and services.
Manufacturing outputs are tangible, physical goods, whereas services outputs are intangible, non-physical goods and services. Hence, option A is true, and the rest are false. Let's have a look at each of the options:
a. Output- tangible- This is true because the output of manufacturing industries is a physical, tangible product that can be touched, held, or seen. For instance, cars, clothes, or furniture.
b. Customer contact- low- This is false. Customer contact in manufacturing industries can be high or low, depending on the type of product being produced. For instance, if it's a customized product, then there can be high customer contact.
c. Measuring productivity: difficult- This is false. Measuring productivity in manufacturing industries is relatively easier than measuring productivity in services industries.
In conclusion, the false statement about manufacturing, when compared to services, is that measuring productivity is difficult.
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Question no 2 (Please submit the excel file on NYU Classes): Excel Question. Download the monthly Nikkei 225, DAX Performance index and Tel Aviv 125 prices from 31 January 2000 until 31 Jan. 2021 http://finance.yahoo.com/ (click market data - stocks or world-indices, click S&P 500 for example, click historical prices, click monthly, click get prices, click download to spreadsheet). (a) For each index, what is your best estimate for next month's return? (b) What would have been your annualized HPR (for each index) if you invested as of Jan. 2000? (c) Which index gave you the highest annualized HPR?
Calculating next month's return and annualized HPR for indices requires historical price analysis and comparison to determine the highest HPR.
(a) To estimate the next month's return for each index, you can calculate the monthly returns based on the historical prices obtained from the downloaded spreadsheet. The next month's return can be estimated by using various methods such as simple average return or forecasting techniques like ARIMA or GARCH models.
(b) To calculate the annualized Holding Period Return (HPR) for each index, you need to determine the total return over the entire investment period (from Jan. 2000 to Jan. 2021) and then annualize it. The formula for annualized HPR is: ((1 + Total return)^(1/Number of years))-1.
(c) To identify which index gave the highest annualized HPR, you can compare the calculated annualized HPRs for each index and select the one with the highest value.
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he ability of organizations to respond to customers and new markets quickly and efficiently is greater now than ever before. Workforce planning plays a vital role in sustaining this ability, since effectively determining job design and staffing can make or break an organization’s success.
Organizing job tasks and revising job descriptions is something that needs to be an ongoing activity for organizations. Jobs are fluid, and documenting change is important. However, writing an effective job description requires understanding the job analysis process.
Find a job analysis form and discuss how the details of this document capture job duties, responsibilities, knowledge, skills, and abilities. In your answer, include answers to the following questions:
1. What role does the job analysis play in writing job descriptions and in recruiting top talent? Be specific.
2. What are some best practices for using or writing a job description to recruit top talent into an organization?
Please be sure to properly format your in-text citations according to APA guidelines.
Thank you.
Job analysis is crucial for writing effective job descriptions and attracting top talent. It provides valuable information about job duties, responsibilities, and required skills. Following best practices, such as using clear language and including salary range, enhances recruitment efforts.
Job analysis plays an important role in writing job descriptions and recruiting top talent. It's critical to understand the job analysis process to write an effective job description. The details of the job analysis form capture job duties, responsibilities, knowledge, skills, and abilities. A job analysis is a process for collecting information about a job that is used to create a job description.
The job analysis form captures job duties, responsibilities, knowledge, skills, and abilities. Job analysis can also provide the foundation for the recruitment process.1. The role of job analysis in writing job descriptions and recruiting top talent is significant. Job analysis is a systematic process of collecting, reviewing, and analyzing data about a job.
Job analysis provides information about the job's duties, tasks, responsibilities, and the knowledge, skills, and abilities required to perform them. This information is then used to write job descriptions and job specifications, which are critical documents for recruitment, selection, training, and performance management.
Job descriptions and specifications help organizations recruit and hire employees who meet the qualifications and requirements of the job.2. The following are best practices for writing a job description to recruit top talent into an organization: Use clear and concise language.
The job description should be easy to read and understand. Avoid using technical jargon or acronyms. Keep the job description up-to-date. The job description should be reviewed and updated regularly to reflect changes in the job or organization. Include a salary range. Including a salary range in the job description can help attract top talent. Be specific about job duties and responsibilities.
The job description should include specific job duties and responsibilities. This will help attract candidates who are interested in the job and have the required skills and experience. Include the qualifications and requirements. The job description should include the qualifications and requirements for the job, such as education, experience, and skills.Cite Gatewood, R., Feild, H. S., & Barrick, M. (2015). Human Resource Selection. Cengage Learning.
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I have given examples of the problem on micromanaging, manipulation, too little or too much communication, but what else could cause a leader to fail? In your initial reply, provide your opinion (perhaps based on experience) of what could cause a leaders to fail in his/her role of strategy. Then, provide a real example of a leadership fail, due to one of the listed or other reasons.
please at least three full paragraphs
One factor that could cause a leader to fail in their role of strategy is a lack of adaptability. In today's rapidly changing business landscape, leaders need to be able to adjust their strategies and approach based on new information and market dynamics. Failure to adapt can result in a misalignment between the strategy and the current realities, leading to ineffective decision-making and missed opportunities.
A real example of a leadership fail due to a lack of adaptability is the case of Blockbuster, a once-prominent video rental company. In the early 2000s, Blockbuster had a dominant position in the home entertainment industry. However, they failed to recognize the shifting landscape and the growing popularity of online streaming services like Netflix. Blockbuster's leadership was slow to adapt and did not perceive the threat posed by the changing consumer preferences.
Instead of embracing the digital transformation and investing in new technologies, Blockbuster stuck to its traditional brick-and-mortar rental model. As a result, they lost market share rapidly and eventually filed for bankruptcy in 2010. The failure of Blockbuster's leadership to adapt to the emerging trends and shift their strategy ultimately led to their downfall, highlighting the critical importance of adaptability in a leader's role of strategy.
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Gilead Science stock sells for $17 per share and you have decided to purchase as many shares as you possibly can. You have $31,000 available to invest. What is the maximum number of shares you can buy if the initial margin is 60% ? (5 marks) 6. You decide to buy 1,200 shares of stock at a price of $34 and an initial margin of 55 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 35 percent?
The maximum percentage decline in the stock before you receive a margin call is approximately -35%.
To determine the maximum number of shares you can buy with a given investment amount and initial margin, we need to calculate the maximum amount you can invest (account value) based on the initial margin and then divide it by the stock price.
Maximum number of shares you can buy:
Account Value = Available Investment / Initial Margin
Account Value = $31,000 / 0.60
Account Value = $51,666.67
Number of Shares = Account Value / Stock Price
Number of Shares = $51,666.67 / $17
Number of Shares ≈ 3,039 shares (rounded down to the nearest whole number)
Therefore, the maximum number of shares you can buy is approximately 3,039 shares.
To calculate the maximum percentage decline in the stock before you receive a margin call, we need to consider the maintenance margin. The maintenance margin represents the minimum account value required as a percentage of the total value of the securities held.
Account Value = Number of Shares * Stock Price
Account Value = 1,200 * $34
Account Value = $40,800
Margin Call Threshold = Account Value * (1 - Maintenance Margin)
Margin Call Threshold = $40,800 * (1 - 0.35)
Margin Call Threshold = $26,520
Maximum Percentage Decline = (Margin Call Threshold - Account Value) / Account Value
Maximum Percentage Decline = ($26,520 - $40,800) / $40,800
Maximum Percentage Decline ≈ -0.35 (or -35%)
Therefore, the maximum percentage decline in the stock before you receive a margin call is approximately -35%.
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Which company is acting unethically toward its employees? Shell Corporation offers a higher health benefits package to its full-time employees. Bennet Trucking requires its employees to work 24 hrs in all weather conditions. Chemical Corp does not allow employees to smoke on their premises. Media entertainment pays their part-time employees exactly the minimum wage.
Based on the given information, it can be argued that Bennet Trucking is acting unethically toward its employees. Requiring employees to work 24 hours in all weather conditions can be seen as a violation of labor rights and potentially compromising their health and well-being.
Shell Corporation offering a higher health benefits package to its full-time employees is not necessarily unethical. Providing better benefits to full-time employees is a common practice and can be considered a way to attract and retain skilled workers.
Chemical Corp's policy of not allowing employees to smoke on their premises is not inherently unethical. It can be seen as a measure to promote a healthy work environment and protect the well-being of employees.
Media Entertainment paying their part-time employees exactly the minimum wage is not necessarily unethical, as long as they comply with minimum wage laws and regulations. However, it can be argued that paying only the minimum wage may not provide a sufficient income for employees to meet their basic needs.
Based on the information provided, Bennet Trucking is the company that appears to be acting unethically toward its employees.
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YieldMore is a small agricultural company that produces and sells fertilizer products. The company operates through its headquarters in a small town in Indiana. Outside its headquarters, there are two large production facilities—one in Nebraska and one in Oklahoma. Furthermore, YieldMore employs sales force personnel in every state in the U.S. to serve its customers locally.
The company has three servers located at its headquarters—Active Directory Server, a Linux application server, and an Oracle database server. The application server hosts YieldMore’s primary software application, which is proprietary program managing inventory, sales, supply-chain, and customer information. The database server manages all data stored locally with direct attached storage.
All three major sites use Ethernet cabled local area networks (LANs) to connect the users’ Windows Vista workstations via industry standard, managed switches.
The remote production facilities connect to headquarters via routers T-1 (1.54 mbps telecomm circuit) LAN connections provided by an external Internet service providers (ISP) and share an Internet connection through a firewall at headquarters.
Individual sales personnel throughout the country connect to YieldMore’s network via virtual private network (VPN) software through their individual Internet connections, typically in a home office.
Identify, analyze, and explain several (at least five) likely threat/vulnerability pairs and their likelihood of occurrence in this scenario.
Several likely threat/vulnerability pairs that are likely to occur in the scenario are as follows:
1. Vulnerability: Lack of regular updates on the operating systems, applications, and firewalls. Threat: Exploits are likely to penetrate Yield More's network and thereby have unauthorized access to its data.
2. Vulnerability: The use of VPNs. Threat: With the use of VPN, the company's network is more vulnerable to attacks from external networks because the software extends the network to include more devices.
3. Vulnerability: Lack of network segmentation and firewalls. Threat: The use of a single firewall to protect the network increases the chances of a single compromised device compromising the entire network.
4. Vulnerability: Lack of encryption. Threat: The lack of encryption protocols makes data transmissions over the network prone to interception.
5. Vulnerability: Unsecured internet connection. Threat: The use of an unsecured internet connection at the remote production facilities makes the network more vulnerable to external attacks.
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ABC Company has equipment acquired on January 1, 2018, at a cost of P2,200,000 with an estimated residual value of P200,000 and 20 years estimated useful life. On December 31, 2020, the fair value of the equipment is P2,000,000, and revised residual value of P300,000. Round off percentage to the whole number and to the nearest peso if you are required to gross up. The carrying value of the equipment on December 31, 2021 is?
The carrying value of the equipment on December 31, 2021 is P1,606,250.
Carrying value on December 31, 2020 will be 2,000,000 - 200,000 = P1,800,000.
Depreciation rate per year will be: (P2,200,000 - P200,000) / 20 years = P100,000 per year.
Depreciation expense from January 1, 2018 to December 31, 2020 is 3 years x P100,000/year = P300,000.
Accumulated depreciation as of December 31, 2020 will be P300,000.
The revised carrying value on December 31, 2020 is 2,000,000 - 300,000 = P1,700,000.
Revised estimated useful life = 16 years (20 years – 3 years already used)
Revised depreciation rate = (P1,700,000 - P300,000) / 16 years = P93,750. Depreciation expense for 2021 will be 1 year x P93,750 = P93,750.
The accumulated depreciation on December 31, 2021, will be P300,000 + P93,750 = P393,750.
Carrying value as of December 31, 2021 = P2,000,000 - P393,750 = P1,606,250.
Therefore, the carrying value of the equipment on December 31, 2021 is P1,606,250.
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. Adhere to the concepts of organizational behaviour and apply decision-making and problem-solving techniques in formulating business policy.
This Week’s Detailed Case Study Information
Managing employees and relationships at work, is a challenging task. A lot of theories/strategies were developed by psychologists, managers, and other professionals to effectively manage relationships at work. You know most of these theories, and that is why this time you will help the company apply these concepts to real life situations. You will adhere to the concepts of organizational behaviour and apply decision-making and problem-solving techniques in formulating business policy.
You operate a car dealership, and your sales team is working hard each day to sell the inventory. The competition is fierce in the auto sales industry, and many of your sales staff, exaggerate the car features, and do not disclose the car bad features, or problems.
Today, a dissatisfied client walked into your office, and complained that he was sold a car that broke even before he reached home. The client explained that the car sales representative assured him that the car does not have any issues, and that he should ignore the check engine sign. The client listened to the salesperson, but shortly afterwards he realized that the car has a serious engine issue. You listened carefully to the client, and you were forced to reimburse the client for the repairs.
You were thinking a lot about this problem and you wrote down the key points:
The salespersons are compensated via commissions, and they have an internal conflict of interest to maximize commissions, especially during economic downturns.
The turnover rate for the sales personnel is high, and nobody cares about the corporate image. Since they all plan to leave to bigger car dealership, once they master the art of selling.
Next day you sit down and decide to figure out a solution for this problem. You are aware that you should follow certain techniques that you learned in organizational behavior to formulate a successful business policy in this regard. Therefore, you decide doing the following:
Identify, and analyze the factors, which could influence perceptions in this case.
List the steps in the "Prospect Theory" and apply these to the problem on hand.
Formulate a business policy, based on your analysis.
Deliverables, Format and Marking Scheme for This Week’s Case Study
Evaluation:
Identifying, and analyzing the factors influencing perception (2%).
Listing the steps in the "Prospect Theory" and applying these to the problem on hand (2%).
Formulating a business policy based on the above-mentioned organizational behavior concepts (1%).
Note: assume any missing information. Clearly state your assumptions in your submissions. Summarize your findings in a two-page word document.
In formulating business policy in the given situation, one should adhere to the concepts of organizational behavior and apply decision-making and problem-solving techniques.
The case study involves managing employees and relationships at work, which can be challenging. The employees of the car dealership are compensated via commissions, which leads to an internal conflict of interest to maximize commissions, especially during economic downturns. Fifth, set up a reward mechanism to appreciate the sales personnel's ethical behavior.
Sixth, set up an exit interview mechanism to understand the reasons for the sales personnel leaving and address their concerns. Seventh, set up a training and development program to retain the sales personnel. This business policy is based on the organizational behavior concepts of ethics, motivation, feedback, and training. It should lead to improved customer satisfaction, enhanced corporate image, reduced employee turnover, and increased sales and profits.
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OA. 47.24% and 47.13% OB. 29.75% and 26.89% OC. 30.67% and 39.58% OD. 45.09 % and 49.85% Nackson Company and Baxter Company reported the following amounts on its balance sheet as of December 31, 2025 and December 31, 2024: Jackson Baxter $500,000 Cash and Receivables Merchandise Inventory 235,000 Property, Plant and Equipment, net 770,000 Total Assets $1,630,000 Total Liabilities $485,000 When preparing a common-size statement, what is the percentage of Property, Plant, and Equipment for Jackson and Baxter, respectively? $655,000 170,000 780,000 $1,655,000 $445,000
The percentage of Property, Plant, and Equipment for Jackson and Baxter, respectively are 47.24% and 47.13% respectively. The correct answer is option OA.
To calculate the percentage of Property, Plant, and Equipment (PP&E) for Jackson and Baxter, we need to divide the PP&E amount by the total assets and then multiply by 100 to express it as a percentage.
For Jackson:
PP&E Percentage for Jackson = (PP&E for Jackson / Total Assets for Jackson) × 100
PP&E for Jackson = $770,000
Total Assets for Jackson = $1,630,000
PP&E Percentage for Jackson = ($770,000 / $1,630,000) × 100
PP&E Percentage for Jackson = 47.24%
For Baxter:
PP&E Percentage for Baxter = (PP&E for Baxter / Total Assets for Baxter) × 100
PP&E for Baxter = $780,000
Total Assets for Baxter = $1,655,000
PP&E Percentage for Baxter = ($780,000 / $1,655,000) × 100
PP&E Percentage for Baxter = 47.13%
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Job Costing Journal Entries Prepare journal entries to record the following transactions and events for June using a job order costing system. (a) Purchased raw materials on credit, $159,000. (b) Raw materials requisitioned: $36,000 direct and $15,400 indirect. (c) Factory payroll accrued $46,000, including $9,500 indirect labor, remainder was direct labor. (d) Paid other actual overhead costs totaling $15,700 with cash. (e) Applied overhead totaling $55,000. (f) Finished and transferred jobs totaling $88,500. (g) Jobs costing $77,500 were sold on credit for $126,000.
The Journal Entries required to record the various transactions and events using a job order costing system for the month of June is shown.
The system determines the total cost of each job by adding the direct labor cost, direct materials cost, and manufacturing overhead allocated to the job.
The Journal entries for the various transactions and events using a job order costing system are as follows:
(a) Purchased raw materials on credit, $159,000
Raw Materials Inventory$159,000
Accounts Payable$159,000
(b) Raw materials requisitioned: $36,000 direct and $15,400 indirect.
Work-in-process Inventory-Direct Materials$36,000W
ork-in-process Inventory-Indirect Materials$15,400
Raw Materials Inventory$51,400
(c) Factory payroll accrued $46,000, including $9,500 indirect labor, remainder was direct labor.
Inventory-Direct Labor$36,500
Manufacturing Overhead$9,500
Accrued Wages and Salaries$46,000
(d) Paid other actual overhead costs totaling $15,700 with cash.
Manufacturing Overhead $15,700
Cash$15,700
(e) Applied overhead totaling $55,000.
Inventory-Overhead$55,000
Manufacturing Overhead$55,000
(f) Finished and transferred jobs totaling $88,500.
Goods Inventory$88,500
Work-in-process Inventory$88,500
(g) Jobs costing $77,500 were sold on credit for $126,000.
Accounts Receivable$126,000
Sales$126,000
Cost of Goods Sold$77,500
Finished Goods Inventory$77,500
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The returns from an investment are 3% in Year 1, 6% in Year 2,
and 4.8% in the first half of Year 3. Calculate the annualized
return for the entire period.
The returns from an investment can be calculated by multiplying the initial investment by the percentage increase or decrease in value for each year. The total return for the entire period would be $109.18 - $100 = $9.18.
To calculate the total return for the entire period, we need to consider the compounding effect. The compounding effect means that the returns from one year are reinvested in the subsequent years.Let's assume the initial investment is $100.
In Year 1, the return would be 3% of $100, which is $3. The value of the investment at the end of Year 1 would be $100 + $3 = $103.In Year 2, the return would be 6% of $103, which is $6.18 (rounded to two decimal places). The value of the investment at the end of Year 2 would be $103 + $6.18 = $109.18.
Therefore, the total return for the entire period would be $109.18 - $100 = $9.18.
To summarize, the total return for the entire period is $9.18 when the investment returns are 3% in Year 1 and 6% in Year 2.
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CX Enterprises has the following expected dividends: $1.09 in one year, $1.25 in two years, and $1.34 in three years. After that, its dividends are expected to grow at 3.8% per year forever (so that year 4 's dividend will be 3.8% more than $1.34 and so on). If CX's equity cost of capital is 12.2%, what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.)
The formula for calculating the price of a stock in the constant growth rate dividend model is given by;P₀ = D₁/(r - g)Where;P₀ = the current stock priceD₁ = expected dividend of year oner = equity cost of capitalg = growth rateUsing the provided formula above;Year Dividend0
[tex]P₀ = D₁/(r - g)1 $1.09 $11.572 $1.25 $12.423 $1.34 $12.98[/tex]
Calculate the constant growth rate:Using the formula;g = Dividend in the next period / Dividend in the current period - 1g₃ = 1.038 - 1 = 0.038Therefore, the constant growth rate is 3.8%.Using the formula above, we can now calculate the current price of its stock:[tex]
P₀ = [($1.09) / (0.122 - 0.038)] + [($1.25) / (0.122 - 0.038)] / (1 + 0.122)² + [($1.34 * (1 + 0.038)) / ((0.122 - 0.038)] / (1 + 0.122)³P₀ = [$1.09 / 0.084] + [$1.25 / 0.084] / (1 + 0.122)² + [$1.38 / 0.084] / (1 + 0.122)³[/tex]
P₀ = $13.11Therefore, the current price of its stock is $13.11 (rounded to the nearest cent).
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If last year our revenue in cell E5 was $125,000,000 but this year we are expecting a decrease of 4% whi
If last year, our revenue in cell E5 was $125,000,000 but this year we are expecting a decrease of 4%, which is a total of $5,000,000.
we can estimate the revenue for this year to be $120,000,000. Let’s consider a business that is dealing with financial data. For such a business, calculating the revenue is critical, which in turn helps the business to identify the profits and the losses.There are several factors that contribute to a decrease in revenue, such as the economic downturn, loss of clients, or even poor management of business operations.
Nonetheless, it is essential to calculate the revenue to assess the business’s profitability, make adjustments in the business operations to counter any negative impact and also to make any investments to enhance the revenue generated by the business.In conclusion, calculating revenue and forecasting revenue in business is crucial, as it helps in evaluating the performance of the business and in making informed decisions to counter any decrease or increase in revenue.
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You are the water superintendent. One of your workers performs preventive maintenance (PM) in
water meters. The worker spends three-fourth of his time on PM. His annual salary is 22,000. The city pays
7.65%, which is the employer’s share of Social Security, and 15% for hospitalization and pensions. PM supply
costs are $2,500. The worker travels 10,000 miles while maintaining meters, for which the garage charges 20
cents per mile. Overhead costs applied to direct costs are 30 percent. A total of 3,500 meters were maintained.
A private firms offers to do your PM for $10 a meter. Given the following information, should you contract out?
Based on the information provided, the question is asking whether you should contract out the preventive maintenance (PM) for water meters to a private firm that charges $10 per meter. To determine the most cost-effective option, we need to calculate the total cost of performing the PM in-house and compare it to the cost of contracting out.
1. Calculate the cost of performing PM in-house: - Worker's annual salary: $22,000 - Employer's share of Social Security (7.65% of salary): $1,683 - Hospitalization and pensions (15% of salary): $3,300 - PM supply costs: $2,500 - Total direct costs: Salary + Social Security + Hospitalization/Pensions + PM supply costs = $22,000 + $1,683 + $3,300 + $2,500 = $29,483 - Overhead costs (30% of direct costs): $29,483 * 0.3 = $8,845.90 - Total cost of performing PM in-house: Direct costs + Overhead costs = $29,483 + $8,845.90 = $38,328.90 2. Calculate the cost of contracting out: - Number of meters maintained: 3,500 - Cost per meter for the private firm: $10 - Total cost of contracting out: Number of meters maintained * Cost per meter = 3,500 * $10 = $35,000 Based on the calculations, the total cost of performing the PM in-house is $38,328.90, while the cost of contracting out is $35,000. Therefore, it is more cost-effective to contract out the PM for water meters to a private firm that charges $10 per meter.
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percent. What is the NPV? Multiple Choice $1,088,079 $597,212 $805,320 $715,560 $522,560
Net Present Value (NPV) is calculated by finding the present value of future cash flows and subtracting the initial investment.
It is used to evaluate the profitability of an investment or project over a period of time, taking into account the time value of money. The formula for calculating NPV is as follows: NPV = (Cash flow / (1 + r)^t) - Initial investment, where "r" is the discount rate and "t" is the time period.
To calculate NPV, you need to first determine the cash flows for each period and then find their present value using the appropriate discount rate. Once you have calculated the present value of all cash flows, you can subtract the initial investment to arrive at the
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Complete question:
What is the NPV?
The Avett Brothers had net income of $225,000
for the year just ended. The following
information was available from The Avett
Brothers recent year.
Decrease in inventory
$30,000
Depreciation Expense
Decrease in accounts receivable
12,000
26.000
Increase in accounts payable
17.000
Decrease in taxes payable
6.000
Loss from sale of equipment
8,000
The Avett Brothers' net cash flow from
operations using the indirect method was
Given: The Avett Brothers had net income of $225,000 for the year just ended.Using the information, net cash flow from operations using the indirect method can be computed by:Net income $225,000.
Adjustments to reconcile net income to net cash flow from operations:Depreciation expense $26,000
Loss from sale of equipment $8,000Decrease in inventory $30,000Decrease in accounts receivable $12,000Increase in accounts payable $17,000Decrease in taxes payable $6,000Total adjustments $89,000.Net cash flow from operations $314,000 Net cash flow from operations is computed as follows:Net cash flow from operations = Net Income + Depreciation expense + Loss from sale of equipment + Increase in accounts payable + Decrease in accounts receivable - Decrease in inventory - Decrease in taxes payable
Net income for The Avett Brothers = $225,000.Depreciation Expense = $26,000Loss from sale of equipment = $8,000; Decrease in inventory = $30,000Decrease in accounts receivable = $12,000; Increase in accounts payable = $17,000; Decrease in taxes payable = $6,000Therefore,Net cash flow from operations = $225,000 + $26,000 + $8,000 + $17,000 + $12,000 - $30,000 - $6,000= $314,000The Avett Brothers' net cash flow from operations using the indirect method was $314,000
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Trader Joe's Case
Identify and discuss the strategic business model of the
case.
The strategic business model of Trader Joe's case is centered on offering its customers a unique shopping experience that emphasizes quality products at affordable prices.
The company's strategic business model has helped it to differentiate itself from its competitors, and as a result, it has been able to maintain high levels of customer loyalty and repeat business. Trader Joe's has also been able to keep its prices low by buying its products in bulk and selling them directly to consumers. This business model has allowed the company to maintain strong profitability even during tough economic times.
In conclusion, Trader Joe's strategic business model is centered on offering a unique shopping experience that emphasizes quality products at affordable prices. By offering a limited selection of products, the company is able to focus on providing the highest quality products at the lowest prices possible. This has helped the company to differentiate itself from its competitors and build a loyal customer base that keeps coming back.
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1. Stock ABC is currently trading at $52. 84 per share. We are looking at 1-year options with a strike price of $48. 0. If the volatility is 24%, and the risk-free rate is 3. 00%, according to Black- Scholes: I a) What should the call price be? b) What should the put price be? c) What is the hedge ratio? d) Approximately, how many short calls would hedge 100 shares of stock (round to nearest whole number)?
a) The call price should be approximately $7.23. b) The put price should be approximately $1.10. c) The hedge ratio is approximately 0.652. d) Approximately 65 short calls would hedge 100 shares of stock.
To calculate the call and put prices using the Black-Scholes model, we need to use the following formulas:
Call Price = S * N(d1) - X * e^(-r * T) * N(d2)
Put Price = X * e^(-r * T) * N(-d2) - S * N(-d1)
where:
S = Stock price = $52.84
X = Strike price = $48.00
r = Risk-free rate = 3.00% = 0.03
T = Time to expiration = 1 year
d1 = (ln(S/X) + (r + σ^2/2) * T) / (σ * √T)
d2 = d1 - σ * √T
Using the given volatility of 24% = 0.24, we can calculate the values of d1 and d2. Substituting the values into the formulas, we find that the call price should be approximately $7.23 and the put price should be approximately $1.10.
The hedge ratio is given by the formula:
Hedge Ratio = N(d1)
Substituting the value of d1 into the formula, we get a hedge ratio of approximately 0.652.
To calculate the number of short calls needed to hedge 100 shares of stock, we divide 100 by the hedge ratio (0.652) and round to the nearest whole number. Approximately 65 short calls would hedge 100 shares of stock.
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Jefferson Company issued $40,000 of 10-year, 5% bonds payable on January 1, 2018. Jefferson Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions.
The issuance of these bonds provides Jefferson Company with long-term financing while the straight-line amortization method ensures that the discount or premium is properly accounted for over the life of the bonds.
Jefferson Company issued $40,000 of 10-year, 5% bonds payable on January 1, 2018. These bonds are a form of long-term debt that the company uses to raise capital for its operations. The bonds have a stated interest rate of 5%, which means that Jefferson Company is obligated to pay interest on the bonds each January 1 and July 1.
When a bond is issued at a price different from its face value, it may have a discount or premium. In this case, the terms do not specify whether the bonds were issued at par, a discount, or a premium. However, it is mentioned that the company amortizes discounts or premiums using the straight-line amortization method.
The straight-line amortization method evenly spreads the discount or premium over the life of the bond. If the bonds were issued at a discount, it means that the market interest rate was higher than the stated rate of 5%. In contrast, if the bonds were issued at a premium, it means that the market interest rate was lower than the stated rate.
By using the straight-line method, the company will gradually decrease the discount or increase the premium over the 10-year life of the bond.
This will result in a periodic adjustment to the carrying value of the bonds on the company's balance sheet. The interest expense recognized on the income statement will also reflect the amortization of the discount or premium.
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Chard Ltd. issues 5,000 $100 par value preference shares for
cash at $118 per share. Instructions: Journalize the issuance of
the preference shares.
By journalizing the issuance of the preference shares as described above, Chard Ltd. accurately records the increase in its capital and cash resulting from the sale of the shares.
To journalize the issuance of the preference shares by Chard Ltd., we need to record the increase in the company's capital and cash from the sale of the shares. Here's how the entry would look:
Date: [Date of Issuance]
Preference Shares Receivable [Debit]: $590,000
Common Shares [Credit]: $500,000
Additional Paid-in Capital [Credit]: $90,000
Cash [Credit]: $590,000
Preference Shares Receivable [Debit]: This account represents the value of the preference shares issued by Chard Ltd. It increases by multiplying the number of shares (5,000) by the par value ($100) per share, resulting in $500,000.
Common Shares [Credit]: This account represents the par value of the preference shares issued. It increases by $500,000 to reflect the par value of the shares issued.
Additional Paid-in Capital [Credit]: The difference between the issue price ($118) and the par value ($100) per share is considered additional paid-in capital. Since the shares were issued at a premium, this account increases by $90,000.
Cash [Credit]: This account represents the cash received from the sale of the preference shares. It increases by $590,000, which is the total cash received from issuing the shares.
By recording these journal entries, Chard Ltd. properly reflects the issuance of preference shares and the corresponding increase in its capital and cash.
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1. Nieman and Garcia are partners with capital balances of $24,000 and $36,000 respectively. Vegas purchases one-half of Garcia’s interest for $20,000. Show the necessary journal entry to admit Vegas into the partnership. Account Debit Credit
2. Johnson and Morikawa are partners with capital balances of $96,000 and $72,000 respectively. Hagen purchases one-fourth of Johnson’s interest for $30,000 and one-fourth of Morikawas’ interest for 20,000. Show the necessary journal entry to admit Hagen into the partnership. Account Debit Credit
3. Woods, Nicklaus, and Player are partners with capital balances of $200,000, $150,000, and $100,000 respectively. Woods sells his entire interest to Nicklaus (50%) and Player (50%). In return, Nicklaus and Player pay Woods $150,000 each. Show the necessary journal entry for the withdrawal of Woods from the partnership. Account Debit Credit
4. Rawls, Webb, and Inkster are partners with capital balances of $100,000, $80,000and $60,000 respectively. Inkster sells her entire interest to Rawls for $75,000. Show the necessary journal entry for the withdrawal of Inkster from the partnership. Account Debit Credit
1. Nieman and Garcia are partners with capital balances of $24,000 and $36,000 respectively. Vegas purchases one-half of Garcia’s interest for $20,000. Show the necessary journal entry to admit Vegas into the partnership. Account Debit Credit
Vegas capital share: $18,000 ($36,000 ÷ 2)
Garcia new capital share: $18,000 ($36,000 ÷ 2)
Garcia, Capital ($36,000) - $18,000
Vegas, Capital - $18,000
Cash - $20,000
2. Johnson and Morikawa are partners with capital balances of $96,000 and $72,000 respectively. Hagen purchases one-fourth of Johnson’s interest for $30,000 and one-fourth of Morikawas’ interest for $20,000. Show the necessary journal entry to admit Hagen into the partnership. Account Debit Credit
Johnson new capital share: $72,000 × 3/4 = $54,000
Morikawa new capital share: $54,000 × 3/4 = $40,500
Hagen capital share: $37,500 ($30,000 + $20,000/2)
Johnson, Capital - $18,000
Morikawa, Capital - $13,500
Cash - $50,000
Hagen, Capital - $37,500
3. Woods, Nicklaus, and Player are partners with capital balances of $200,000, $150,000, and $100,000 respectively. Woods sells his entire interest to Nicklaus (50%) and Player (50%). In return, Nicklaus and Player pay Woods $150,000 each. Show the necessary journal entry for the withdrawal of Woods from the partnership. Account Debit Credit
Cash - $300,000
Nicklaus, Capital - $100,000
Player, Capital - $100,000
Woods, Capital - $200,000
4. Rawls, Webb, and Inkster are partners with capital balances of $100,000, $80,000, and $60,000 respectively. Inkster sells her entire interest to Rawls for $75,000. Show the necessary journal entry for the withdrawal of Inkster from the partnership. Account Debit Credit
Cash - $75,000
Rawls, Capital - $135,000 ($100,000 + $75,000)
Inkster, Capital - $0
Goodwill - $20,000 ($135,000 - $100,000 - $75,000)
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Using the article: The Hidden Costs and Dangers of the Shortcut (https://www.projectsmart.co.uk/the-hidden-costs-and-dangers-of-the-shortcut.php) discuss the following topics:
Do you agree or disagree that a better adherence to the standards, an analysis of the impacts to the stakeholders and a stronger communication to the parties involved would have avoided the issue described? Briefly, explain your view.
The author concludes the article with the following statement: "in a world enamored with people -just doing it- and -thinking outside the box-, we need folks who still know how to learn the rules, understand why they exist and create a safe environment for all." Do you agree that innovative people cannot be also people that understand, apply and adhere to standards? Why or why not?
Within the story described in the article, which of the fundamental knowledge areas for managing projects (as per the PMBoK categorization) and which of the project life cycle phases do you see as crucial? Explain briefly why.
Better adherence to standards, analysis of stakeholder impacts, and stronger communication could have avoided the issue described in the article. Innovative individuals can understand and adhere to standards while thinking outside the box.
Based on the article "The Hidden Costs and Dangers of the Shortcut," I agree that better adherence to standards, an analysis of the impacts on stakeholders, and stronger communication could have avoided the described issue.
Adhering to standards ensures that established guidelines and best practices are followed, reducing the likelihood of errors and mitigating risks. Analyzing the impacts on stakeholders helps identify potential consequences and allows for the development of appropriate strategies to address their concerns.
Stronger communication among parties involved fosters transparency, ensures shared understanding, and enables timely identification and resolution of issues. By implementing these measures, the project team would have been better equipped to anticipate challenges and proactively address them, thereby avoiding the negative outcomes resulting from shortcuts.
Regarding the concluding statement, I disagree that innovative people cannot also understand, apply, and adhere to standards. Innovation does not necessarily mean disregarding rules or standards; rather, it involves finding creative solutions within the boundaries of existing frameworks.
Innovative individuals can be highly knowledgeable about standards and regulations, which serve as a foundation for their innovative ideas. Understanding and adhering to standards can actually enhance the success of innovative endeavors by providing a framework for managing risks and ensuring safety and compliance.
Therefore, innovative individuals can possess the ability to learn the rules, understand their purpose, and create a safe environment while still thinking outside the box.
Within the story described in the article, the fundamental knowledge areas for managing projects from the PMBoK (Project Management Body of Knowledge) that appear crucial are Risk Management and Communication Management.
Risk Management is essential because the article highlights how shortcuts led to negative consequences, such as increased costs, project delays, and poor quality. Proactively identifying and addressing risks through effective risk management practices would have helped mitigate these issues.
Communication Management is also crucial because the article emphasizes the lack of communication among the parties involved, leading to misunderstandings and conflicts. Improved communication channels and strategies could have facilitated better coordination, alignment of expectations, and timely resolution of issues. As for the project life cycle phases, the Planning and Execution phases seem particularly important in this case.
Thorough planning would have identified the potential risks and the need for adherence to standards, while effective execution would have ensured proper implementation and monitoring to prevent the negative outcomes caused by shortcuts.
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Explain briefly but succinctly in your own words the concept of how and why a so called "AB" type of "tax" will (or living trust) operates –and then consider portability – and present a brief discussion whether portability or the unified credit effectively negates (for many folks) the need for the AB tax will/trust in estate planning, and why or why not? Not to be forgotten, BRIEFLY explain what an ABC tax will/trust is, as well, and why they were/are useful.
A so-called "AB" tax will, living trust operates by taking advantage of the estate tax exemption amounts available to married couples to reduce or eliminate estate taxes.
It is designed to minimize estate taxes by taking advantage of the estate tax exemption amounts available to married couples. When a person dies, the AB Trust divides into two parts: the A Trust and the B Trust, which are used to provide financial security to the surviving spouse. The A Trust is the part of the trust that holds the deceased spouse's assets that equal the current estate tax exemption amount. The B Trust, on the other hand, is used to provide income and principal to the surviving spouse.
The AB Trust can be useful in estate planning to reduce or eliminate estate taxes. However, portability and the unified credit may effectively negate the need for the AB tax will/trust for many individuals. Portability allows the unused estate tax exemption of the first spouse to die to be transferred to the surviving spouse. The unified credit allows each individual to use their own estate tax exemption. An ABC tax will, living trust is another estate planning tool used to reduce or eliminate estate taxes. It operates in a similar way to the AB Trust but adds an additional C Trust to provide financial support to the children of the deceased. It is useful for individuals who want to leave assets to their children but also want to minimize estate taxes.
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Read the following cases carefully and then answer: Q.1. John Thomson is a young entrepreneur and community college graduate. He owns and operates a glass recycling business. He designed a machine - the Super Sorter - that sorts glass by color before it is crushed and recycled. John's invention will make the glass-sorting process cheaper and increase the profits for his business. — John believes the Super Sorter has world-wide market potential and would like to commercialize it. He is seeking advice from the Office of Applied Research of his former college on how best to protect and commercialize the invention. A. What is the best way to protect john's invention? Explain the method. B. What are the rights of John Thomson according to his invention?
A. The best way to protect John Thomson invention is by applying for a patent. The patent would be a legal document that protects the inventor from someone else stealing or making, using, and selling their invention for a limited amount of time.
B. The rights of John Thomson, according to his invention, would be to control the making, using, and selling of the Super Sorter machine. He could use this machine in his glass recycling business or sell it to others who are willing to buy it.Also, he could license the rights to make, use, and sell his invention to others who will pay him royalties or a fee for each machine sold.
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Which decisions does the board not have the right to take (but
must be taken by the general meeting)?
The board of directors cannot make decisions that are reserved for the general meeting of shareholders, such as changes to bylaws, election/removal of board members, approval of financial statements, major corporate actions, and declaration of dividends. These decisions require shareholder participation and approval.
The board of directors in a company is responsible for making important decisions and overseeing its operations. However, there are certain decisions that are reserved for the general meeting of shareholders and cannot be made by the board alone. These decisions typically involve matters of significant importance and have a direct impact on the company and its shareholders.
Examples of such decisions include changes to the company's bylaws, which define its structure and governance, the election or removal of board members, as shareholders have the right to vote on who represents them on the board. Approval of financial statements, appointment of auditors to ensure transparency and accuracy in financial reporting, and declaration of dividends are also decisions that require the participation and approval of shareholders in the general meeting.
Additionally, major corporate actions like mergers, acquisitions, or other significant transactions that could potentially alter the company's ownership or strategic direction must be approved by the general meeting. These decisions are considered fundamental and involve the rights and interests of shareholders, so their participation and consent are necessary.
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Create an IMPLEMENTATION PLAN for the below Policy :
POLICY PURPOSE:-
1.1 The purpose of the policy is to provide transparency to the submission of summative assessment.
1.2 To provide a way the details are articulated to students.
1.3 To set penalties for work that is submitted late or exceeds the prescribed length.
POLICY STATEMENT:-
2.1 This policy statement refers to all undergraduate and postgraduate coursework submitted for summative assessment for various programmes.
2.2 The purposes of this policy is that which contributes to the final unit mark.
2.3 The Policy also does not apply to assessment that students must attend to complete, such as practical tests, written examinations or work which is marked in the presence of students as part of a continuous assessment model.
CONSULTATION AND ANALYSIS PERFORMED:-
3.1 The performance must be done on school level procedures laid for submission of work for summative assessment.
3.2 All Faculties will be responsible for ensuring that these are procedures laid across the faculty and in accordance with this policy.
3.3 Schools must publish deadlines for the submission of all coursework at the beginning of each semester
APPROPRIATE SUBMISSION EXPECTATIONS:-
4.1 The expectation of this policy is to ensure that the arrangements and procedures for the submission of work for summative assessment are equitable and transparent.
4.2 Students are responsible for managing their time in order to meet published deadlines; multiple deadlines close together are not grounds for mitigation.
4.3 Deadlines may be extended in accordance with the Policy on Mitigating Circumstances.
PERFORMANCE MONITORING OF SUBMISSION EXPECTATIONS:-
5.1 Analyse existing policies according to organisational procedures
5.2 Evaluate improvement needs and opportunities
5.3 Consult with relevant class representatives and confirm need for new assessment development.
ROLES AND RESPONSIBILITIES:-
6.1 Schools are required to make a case to their Faculty for any exceptions to the standard penalty and, if agreed, any variation must be made clear on each piece of assessment.
6.2 Faculties should review any variations annually.
6.3 Measuring improvement over time.
6.4 Motivating students to study.
6.5 Evaluating the teaching methods.
POLICY REVIEW:-
7.1 student enrolled in a assessment program may formally request a review of their assessment tasks and/or their final mark or grade for a course (excluding bachelor honours research projects), provided there are academic or procedural grounds for the request. These procedures set out valid grounds for review, and the process for seeking such a review.
7.2 These procedures also set out the process for special consideration requests including valid grounds.
7.3 If a review is granted, the result awarded from that review will stand as the final result for the work, regardless of whether it is higher or lower than the result originally awarded.
APPLICATION OF POLICY:-
8.1This policy applies to all staff, students and members of University decision-making or advisory bodies.
RELATED POLICIES, PROCEDURES AND GUIDELINES:-
9.1 piece of work handed in on time was not marked;
9.2 feedback on assessed work was not provided within fifteen business days;
9.3 alleged wrong advice from staff teaching the course (e.g., about the content of the examination or approval of an extension for an assignment);
9.4 the result/final mark/grade was not based on the assessment criteria or assessment process specified in the Course Outline, or any subsequent amendment made in accordance with the Assessment: courses and coursework programs procedures;
9.5 Where a student identifies that the result recorded for an assessment task or the final mark for a course have not been correctly calculated then this should be brought to the attention of the Course Coordinator - refer to the Assessment: Courses and Coursework - Procedures.
9.6 student may submit a special consideration request where they can demonstrate that their performance in a completed assessment task or tasks (including exams) had been disadvantaged by exceptional circumstances beyond their control and where there is evidence that the mark achieved for this assessment item has been impacted.
These circumstances include:
(a) death or serious illness of a close family member;
(b) an unexpected illness;
(c) significant personal trauma ( if any added)
Complete the below table using above policy document:
Implementation Plan for the Policy on Submission of Summative Assessment Purpose and Goals. The purpose of the policy is to ensure that students are provided with a transparent method for submitting summative assessments, as well as to lay out guidelines for how work should be submitted.
The goal of this policy is to promote equity and transparency in assessment submissions.Policy StatementThis policy statement applies to all undergraduate and postgraduate coursework that is submitted for summative assessment for various programmes. It does not apply to assessments that students must attend to complete, such as practical tests, written examinations, or work that is marked in the presence of students as part of a continuous assessment model.
Appropriate Submission ExpectationsThis policy ensures that the arrangements and procedures for the submission of work for summative assessment are equitable and transparent. Students are responsible for managing their time in order to meet published deadlines; multiple deadlines close together are not grounds for mitigation. Deadlines may be extended in accordance with the Policy on Mitigating Circumstances.
Performance Monitoring of Submission Expectations Existing policies must be analyzed according to organizational procedures, improvement needs and opportunities evaluated, and relevant class representatives consulted to confirm the need for new assessment development.Roles and Responsibilities Schools must provide a rationale to their Faculty for any exceptions to the standard penalty and, if agreed, any variation must be made clear on each piece of assessment. Faculties must review any variations annually.
It is important to measure improvement over time, motivate students to study, and evaluate teaching methods.Policy Review:A student enrolled in an assessment program may formally request a review of their assessment tasks and/or their final mark or grade for a course (excluding bachelor honours research projects), provided there are academic or procedural grounds for the request. These procedures set out valid grounds for review, and the process for seeking such a review.Application of PolicyThis policy applies to all staff, students, and members of University decision-making or advisory bodies.
Related Policies, Procedures, and GuidelinesSeveral policies, procedures, and guidelines are related to the Policy on Submission of Summative Assessment, such as the Assessment: Courses and Coursework - Procedures, the Policy on Mitigating Circumstances, and the Policy on Special Consideration Requests.
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