In any firm, the balance of power between stockholders and managers is a function of a number of factors internal as well as external. Events can cause the power to shift towards managers or towards stockholders or leave the balance unchanged. Evaluate how the following event would alter the balance of power. The firm's share stock, which is currently followed by no analysts, is added to the list of followed companies at four investment banks.

a. The firm decides to expand its BOD from 11 to 22 and allows the CEO to pick the additional members.
b. An activist investor manages to get the three of his nominees to the BOD at the expense of management nominees.
c. A closely held firm (insider holds 40% of the 100 000 shares) issues 500 000 new non-voting shares to the public to raise fresh capital.
d. The state passes a law against hostile takeovers.

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest