1 Why is the value of a firm is maximized when the WACC is minimized? Explain.
2 Triangle Enterprises has no debt but can borrow at 8 percent. The firm’s WACC is currently 13.2 percent, and there is no corporate tax. If the firm converts to 30 percent debt, what will its cost of equity be?
1 The need to work was not part of God’s original plan, but was a punishment for rebellion.
Group of answer choices
2 According to the Compendium, what is the goal of human activity?
3. Work represents a fundamental dimension of human existence as a participation both in the act of creation and the act of ______ .
4. According to the Compendium, what is the two-fold significance of work?
5. What is the objective dimension of work?
6. Work in the subjective sense, is not dependent upon what people produce or the type of activity that they undertake, but rather what?
7. Which dimension takes precedence, the subjective or the objective?
8. With regard to the social dimension of work, the fruit of work offers occasions for what three things?
9. What does it mean to say labour has priority over capital?
10The right to private property is subordinate to which principle?
11Why is work considered a fundamental right and good and therefore necessary?
12What is the most important means for achieving justice in work relationships?
13According to the Compendium, how shall the economic well-being of a country be measured?
14The Church gives clear support to the importance of unions (including the right to strike) in defending the vital interests of workers. What corresponding duties do unions have as they exercise this right?
15According to the Compendium, how shall the economic and social imbalances in the world of work be addressed?
4. Case Study 1: This first case study asks you to examine your own work in light of the reading for this class. In our text for class, Michael Naughton’s Getting Work Right (Chapter 2, page 21), he asks three questions:
- What am I working for?
- What am I resting in?
- What am I living for?
In approximately 750-1000 words, answer these questions in light of your own personal work situation. If you work for a business or corporation, you may answer from that perspective, or if you think of your primary work right now as being a student, answer from that perspective. The goal is to focus on your sense of purpose within the context of the work you do, how you do it, and why you are doing it. Consult chapters 2 and 3 of the text for the kind of ideas you might reflect upon.
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