Premium Essay

Universal Gravitional

In: Business and Management

Submitted By Bobbi8870
Words 908
Pages 4
You are the president and chief executive officer of a family

owned manufacturing firm with assets of $45 million. The company

articles of incorporation and state laws place no restrictions on the

sale of stock to outsiders. An unexpected opportunity to expand

arises that will require an additional investment of $14 million. A

commitment must be made quickly if this opportunity is to be taken.

Existing stockholders are not in a position to provide the additional

investment. You wish to maintain family control of the firm regard-

less of which form of financing you might undertake. As a first step,

you decide to contact an investment banking firm.

a.What considerations might be important in the selection of

an investment banking firm?

b.A member of your board has asked if you have considered

competitive bids for the distribution of your securities

compared with a negotiated contract with a particular firm.

What factors are involved in this decision?

c. Assuming that you have decided upon a negotiated contract,

what are the first questions that you would ask of the firm

chosen to represent you?

d.As the investment banker, what would be your first actions

before offering advice?

e. Assuming the investment banking firm is willing to distrib-

ute your securities, describe the alternative plans that might

be included in a contract with the banking firm.

f. How does the investment banking firm establish a selling

strategy?

g.How might the investment banking firm protect itself against a drop in the price of the security during the selling process?

h. What follow-up services will be provided by the banking firm following a successful distribution of the securities?

i. Three years later, as an individual investor, you decide to add to your won holding of the security but only at a price that you conmsider…...

Similar Documents

Free Essay

Universal Stories

...Universal Stories Teamwork The Bundle of Sticks An Aesop Fable The Greek folk hero, Aesop, illustrates the concept of teamwork in this short but affective fable. The story centers on a father demonstrating to his sons, the importance of working together. Illustrating this concept, especially to these feuding siblings, wasn’t a simple task but was made easier by using a common item that each son was familiar with. The father challenged his sons by giving each a bundle of wood. The sons were then asked to break the bundle in half. As hard as each boy tried, they could not split the bundle of wood. The father then untied the bundle and gave each of them one stick to break. Each son was able to break his piece of wood without any difficulty. This simple test, showed how working together, this band of brothers could reach goals far beyond the ones they could reach as individuals. Compassion The Lion and the Mouse An Aesop’s Fable Compassion has always been a virtue most of us like to think we practice. But there are those who choose not to share compassion with others no matter how much they need it. After a small mouse disturbs a sleeping lion, the mouse is threatened with certain death. As a consequence of convincing the lion that he, a tiny mouse, could someday save his life, the lion set the mouse free. By releasing the lion from a net a few days later, the mouse proved the he could, after all, save the lion’s life. The compassion the lion had for the mouse proves......

Words: 903 - Pages: 4

Free Essay

Universal

...business in the latter part of the 70s. 1966 saw the establishment of Universal Robina Corporation, which pioneered the salty snacks industry through Chiz Curls, Chippy, and Potato Chips, under the “Jack ‘n Jill” brand. Other snack products would follow over the years, as the company successfully introduced market leaders like Pretzels, Piattos, and Maxx. The coming decades saw more acquisitions and expansion. In the early 1970s, the family entered the commodities business through the formation of Continental Milling Corporation, for flour milling and production. The late 1980s brought the acquisition of three sugar mills and refineries, under URC Sugar. These two businesses provided stable cash flows, and allowed for further vertical integration in the supply chain, to help URC weather any volatility in the cyclical commodities markets. In line with this strategy, the late 1990s saw the entry of URC into the plastics business, through URC Packaging. While the businesses became more diversified, the companies were slowly integrated in order to streamline and minimize costs. In 2005, the present structure of the group was completed. All the different companies are now organized under the Universal Robina Corporation umbrella, divided into 3 focused groups: the Branded Consumer Food Group, comprised of BCFG Domestic (including packaging) and International the Agro-Industrial group, comprised of Universal Corn Products, Robina Farms, and Robichem and the Commodities......

Words: 294 - Pages: 2

Free Essay

Universal

...house the controls for the electric motors at a production plant. the special challenge: only very little space is available. On the ground in key markets worldwide “It doesn’t matter where at Siemens you work or what culture you call home: we all share the same goals. that’s probably the best thing you can learn at the Company.” James d. Palasek speaks from experience. the engineer from tucker, georgia has worked at Siemens for twelve years, partnering closely with colleagues in Mexico, germany, China and India. his specialty is developing components and modules for control cabinets. here – as in all our business fields – we’re aiming to achieve a leading position in all our markets worldwide. but only very few components are truly universal: technical regulations, industry standards and even climate conditions vary too much from place to place. that’s why we have developers working close to our customers, on site in key markets. and that includes tucker, georgia, one of the 15 worldwide locations of Control Components and Systems engineering (Ce). Siemens Control Components and Systems engineering (Ce) is a business unit in the Industry automation (Ia) division of Siemens’ Industry Sector. Ce specializes in products for industrial control systems, industry-specific products and systems based on industry platforms, and related services. 68 Jayne Beck, Technical order processing Background degrees in general engineering from the university of Illinois and......

Words: 83405 - Pages: 334

Free Essay

Universal Healthcare

...Universal health care (UHC) coverage is a highly controversial issue all over the world, but of special interest in the United States. The U.S. is considered one of the few truly industrialized nations in the world which does not provide some form of comprehensive health care coverage for its citizens. This paper will examine some of the arguments and data against a universal health care. The U.S. has been in turmoil over the topic of Universal Health Care for some time now. The idea sounds simple enough; government provides coverage for everyone, rich or poor and everyone gets the services they require. However, many citizens may think twice about such a program when they look into the details of how it is funded and delivered to the public. One proposal, popular among many on the political left, is “Medicare for All,” a proposal that would put most, if not all, Americans under the auspices of the government-run health insurance program for the elderly and disabled. Before the U.S. adopts such a system, it is important to evaluate these claims. Taxes and the price of anything medical would sky rocket! This would make everyone unhappy. Before getting in too deep in this subject it is important to understand the term Universal Health Care (UHC). Universal health care refers to government mandated programs intended to ensure that all citizens, and sometimes permanent residents, of a governmental region have access to most types of health care. Patients may pay......

Words: 315 - Pages: 2

Premium Essay

Universal Healthcare

...Keider May 14, 2012 Should the United States Have Universal Healthcare? According to the Institute of Medicine there will be 18,000 unnecessary deaths this year, in the United States. This is solely because we as Americans have a healthcare system that leaves millions of citizens with no health insurance. There are 54.5 million people in the U.S. that are most uninsured or have poor health coverage. These citizens are left to decide whether they should spend thousands of dollars on a medical visit or hope the body fixes itself. We are supposed to have one of the greatest healthcare systems in the world, most of us believe anyway. However, the U.S. was ranked 37th out 191 countries, right in between Costa Rica (36) and Slovenia (38) on the World Health Organization (WHO) healthcare list in 2000. The United States was behind almost all of the other first world countries in the world and it was a far cry away from France who was held at number one, with Universal Healthcare. This was the first complete list of how all of the countries provide healthcare. Americans are denied everyday for healthcare coverage, if it is not provided through your job chances are you will be denied at least once, if not more by a healthcare provider. But who has the right to tell you whether or not you are allowed to have health insurance? All of us use it, some more or less than others, but every single person sees a doctor, so why can’t we have universal healthcare? Health care is a human......

Words: 1220 - Pages: 5

Premium Essay

Universal Design

...“Our museum is accessible: we have ADA compliant restrooms.” “It’s too expensive to make the museum accessible to such a small minority.” “There is nothing for a blind person in an art museum.” (McGinnis 138) These are the unfortunate views of some museum professionals regarding Universal Design. Universal Design is an important concept that moves beyond ADA regulations to emphasize ethics and values in attitudes, behaviors, and institutional structures. ADA compliancy is not enough, especially in one area of a building. Universal Design does not have to be expensive; some fixes are simple and easy. Additionally, an art museum can offer a blind person an equally rewarding experience that someone without a visual impairment may have; it just takes a little Universal Design. A lot of what the Americans with Disabilities Act accomplished is now taken for granted as the standard and it is forgotten that the world was, not that long ago, a very different place. The Americans with Disabilities Act (ADA), passed on July 26, 1990, guaranteed equal rights, treatment, and protections to all persons living with disabilities within the United States (Americans 5). This was not the first law to afford protections to those with disabilities; however, it is undeniably the most comprehensive formulation of the rights of individuals with disabilities in the history of the United States. More than fifty million Americans have some kind of physical, sensory, cognitive, or mental......

Words: 5075 - Pages: 21

Free Essay

Universal Studios

...Institute Part 1 Universal Studios I chose Universal studios as the corporation to do this paper on. One of the main reasons is that when my kids were younger we went there every year for our vacation. My kids and I have some very fond memories going there. The other reason was that the entire family could enjoy themselves and not put a serious dent in the finances. Also everything was theme based, mostly on movies. Even an adult could feel young and carefree again. The tradition has not changed within our family; the group has only gotten bigger with the addition of grandkids. It is such a joy to see them having fun and interacting with the characters at the park. The universal film manufacturing company was founded on April 30, 1912 in New York. The new universal studios is a vertically integrated company, with movie production, distribution and exhibition venues. With the passage of time universal studios went from a single entity to a huge conglomerate and now is a subsidiary of NBC. They are known now as NBCUniversal, Inc. In the early years, universal had a “clean picture” policy. However, by April 1927 they considered it to be a mistake as “unclean pictures” from other studios were generating more profit while Universal was losing money. A Universal studio operates five major locations around the world. They have distribution and corporate offices in New York, universal studios Hollywood California, universal studios Orlando Florida, universal studios Osaka......

Words: 494 - Pages: 2

Premium Essay

Universal Insurance

...Universal insurance Course Project Implementation of Universal Health Health Policy and Economics June 22, 2014 Diera Kelley DvKelley30@Gmai.com Table of Contents Executive Summary Pg. 3 Define the Problem Pg. 4 Literature Review Pg. 4 Problem Analysis Pg. 9 I. The Uninsured II. The insured Possible Solutions Pg. 11 Solution and its Implementation Pg. 17 Justification Pg.19 References Pg.21 EXECUTIVE SUMMARY: The current health care crisis is depicted to be solved by the usage of Universal Health Coverage or UHC. This defined as the process of providing quality healthcare coverage with the aspect of financial gain or hardship. Since the assembly in 2005 of the World Health Assembly several countries......

Words: 5210 - Pages: 21

Premium Essay

Universal Healthcare

...Universal Health Coverage: A Possibility for the United States Brittannie DePew Eng 122 David Moskowitz 9/21/2013 Medical costs are getting too expensive. Ever fought with your insurance providers because they refused to pay for care, or struggle to find an “in-network” provider? I know a woman whose name I will change for her privacy and the struggles she is going through are a perfect example of an issue many people face when dealing with insurance; Nancy’s (name changed for privacy) story is a perfect example of how our healthcare system is no longer working for the people. Nancy is this woman whose husband recently passed away. Nancy used to work for county and county workers cannot receive social security; and Nancy is too young for Medicaid by six years. Unfortunately, when Nancy’s husband passed away her healthcare began to go with him. Unless Nancy can find a way to pay the provider over a thousand dollars a month Nancy will lose her health care, because it was healthcare provided through her husband. She has tried searching for other providers but she cannot get the same coverage for any less money, when she found a couple that were close to the same coverage they did not accept pre-existing medical conditions. As a matter in fact many companies do not accept pre-existing medical providers. There are no options for Nancy; and that is wrong. There are many reasons why the United States should seriously consider Universal healthcare. Universal healthcare should...

Words: 1965 - Pages: 8

Free Essay

Universal Design

...Universal Design and Why it is Important. By 2030 there will be over 70 million people over the age of 65 living in the United States. This is over 20 percent of the United States population! With improvements in medicine and positive lifestyle changes, people are living longer than at any other time in history. That being said, it is becoming increasingly logical to build houses that can sustain us even if our mobility decreases with age, debilitating disease, or injury. Universal design is a concept developed by a wheelchair bound architect, Ronald Mace, who felt that all buildings should be designed for everyone regardless of age or ability. Building with access and comfort for all in mind, means a space is useable for anyone; young, old, able bodied, disabled and/ or in a wheelchair alike. Take for instance the “baby boomers”, or the 75 million Americans born between 1946 and 1964, in a recent survey conducted by AARP, 75 percent say that they strongly agree that they want to grow old in their homes as opposed to assisted living housing. They like anyone, want to “age in place” with their familiar surroundings and not in an institutionalized nursing home. The fact is that approximately 65 percent of older people that are in nursing homes today, are there because their own homes have been deemed unsafe for them to live in anymore. Their home is just not accessible. Maybe the home has steps leading up to the door or maybe the doors are not wide enough for the......

Words: 779 - Pages: 4

Premium Essay

Universal Suffrage

...Debate on Universal Suffrage: Kent vs. Buel, N.Y In the midst of the revolutionary war in 1777, New York states constitution became official. In the constitution it stated that white male property owners were the only ones allowed to vote in the state elections. Between 1816 and 1821, the population of citizens who did not own property flourished; leaving about 10 percent of New Yorkers eligible to vote (Unit 3: Great Debates in American History). In September 1821, the state of New York held a convention to revise its constitution; eliminating property ownership as a requirement to vote was a key issue. A great debate ensued between committee members David Buel and James Kent, resulting in the state endorsing Buel’s beliefs. This essay will discuss James Kent and his position on universal suffrage, David Buel and his position on universal suffrage, and some critical thinking questions will be addressed. James Kent was born in 1763 in New York. After graduating from Yale in 1781, Kent studied law in Egbert Benson’s office, New York’s first attorney general. In 1791, Kent was elected to the New York Assembly; after serving two consecutive terms, James Kent relocated his law office to New York and started delivering lectures in law at Columbia College. In 1798, Kent was named Associate Justice of the New York Supreme Court, which then led to him becoming Chief Justice of that court in 1804. After serving as the Chief Justice for 10 years, he was appointed Chancellor of......

Words: 1288 - Pages: 6

Free Essay

Are Emotions Universal?

...Are Emotions Universal?     It all starts with Darwin In The Expression of the Emotions in Man and Animals (1872) Darwin stated that “the same state of mind is expressed throughout the world with remarkable uniformity . . .” His evidence for universality was the answers to 16 questions he sent to Englishmen living or travelling in eight parts of the world: Africa, America, Australia, Borneo, China, India, Malaysia and New Zealand. The questions asked whether they saw the same expressions of emotion in these foreign lands as they had known in England … and they said they did. Darwin concluded from this that emotions are the same everywhere.   Modern Evidence from Literate Cultures In modern ‘judgment studies’ native subjects from many countries were studied. They were shown photographs of facial expression and asked to identify what emotion was shown from a list of six to ten possible choices. If emotions are universal then people from different countries should ascribe the same emotion to the same photographs. The figure below shows six of the photographs used by Silvan Tomkins in 1962:     Data was collected on 21 literate countries: Africa, Argentina, Brazil, Chile, China, England, Estonia, Ethiopia, France, Germany, Greece, Italy, Japan, Kirghizistan, Malaysia, Scotland, Sweden, Indonesia (Sumatra), Switzerland, Turkey and the USA and the results suggest that, across all cultures, people are very good at recognizing happiness, anger, fear, sadness, disgust and...

Words: 772 - Pages: 4

Premium Essay

Universal Law

...Universal Laws Being human laws, statutory laws are imperfect in the sense that the law enforcement officers, the prosecution officers, the judiciary officers, and the custodial officers, are subject to their ethical behaviours and conducts which have impacts on the criminal justice. Likewise, the perpetrators and offenders can evade justice and punishments if they are not detected or dealt with by the authorities. Human laws also do not cover every aspect of human actions, such as human thoughts and intentions which are not easily detected and proven in courts. It is obvious that human laws cannot prohibit everything that the human do. It also seems that human laws do not deal with every virtuous action of human, such as greed, anger, stupidity. Human laws can also be unjust if they are misused by the authorities for their selfish or covetous acts and not for the benefit of the community, or if they are enacted by the authorities to misuse as acts of violence rather than humane laws to protect the community. Thus, Universal Laws have their rightful place in our world as they are perpetual, immutable, and self administering. They need no government, policemen, courts and jails to enforce the laws for the maintaining of order. They are impartial to all people, religions, governments, institutions, race, or ethnic background without regard for special treatment or favouritism. All creation in the cosmos is governed by Universal Laws which are the unwavering and...

Words: 733 - Pages: 3

Premium Essay

Universal Banking

...Universal banking is the norm in lower- and middle-income countries. Ever- expanding safety nets also seem to be the norm in the 20th century in these same countries. Is there a connection between the two? Should the structure of the financial system influence the depth or breadth of the financial safety net adopted by governments? Why or why not? The role and the future of safety nets as an inherent feature of the majority of financial systems today have been debated widely following the recent financial and economic meltdown. In order to develop adequate reforms for the global financial system, it is important to understand the role of safety nets in both developed and developing economies and its interconnection with the financial institutions. This paper will investigate two major issues. First, it will analyze interconnection of safety nets and universal banks in the lower- and middle-income countries (LMIC). Second, it will look into interdependence of the safety nets’ features and the types of the financial systems. It will argue that safety nets’ breadth and depth should be influenced by the structure of the financial system. Universal banks and safety nets in lower- and middle-income countries The 20th century witnessed universal banks and safety nets spreading across the LMICs. The explanation of this phenomenon is complex as universal banks and safety nets developed independently, but definitely influenced and reinforced each other in the LMIC markets.......

Words: 1330 - Pages: 6

Free Essay

Universal Healthcare

...“Universal Healthcare” Synopsis: The essay, “A Universal Healthcare System: Is It Right for The United States?” by Marleise Rashford describes the positive effect of universal healthcare. In the essay she explains how a universal healthcare system will help this country. The United States is the only industrialize nation that does not provide healthcare for its citizens. She criticizes the American healthcare system. “The current American system cost too much, cover too little and excludes too many” according to Rashford. Marleise Rashford emphasizes that money is not the issue why America has not reform its health system. Corruption, lobbyist, and private insurances are the ones responsible for this. The essay mentions that 45 million Americans are uninsured. This essay will analyze and critique Rashford’s essay. I support the universal healthcare system. The United States is the only industrialized nation without universal healthcare. The United States ranks poorly compare to other industrialized nations on healthcare. Universal healthcare will cover all the American citizens. It will benefit the underprivileged citizens of this country. American citizens will have a longer life expectancy. Infant mortality rates will decrease. The United States is the only industrialized nation without......

Words: 788 - Pages: 4