1. “Since capital budgeting decisions involve the estimation of a project’s future cash flows and the rate at which they should be discounted is still a relatively subjective process, the behavioral traits of managers still affect this process.” Discuss this statement and suggest how managers can better improve their ability to eliminate biases in their forecasting. 2. 23 July 2002 an article entitled “Investors Appreciate Dividends Again, See Them as Safer Bets in Bear Market,” appeared on Associated Press Newswire. The article described two reasons why financial planners have routinely recommended that investors hold dividend-paying stocks, especially in bear markets such as the period 2001-2002: First, retired investors use quarterly dividends to augment their income find dividends to be more attractive during bear markets. Second, investors search for a bird in the hand, which dividends represent. In this respect, dividends provide investors with the ability to be patient, and wait out the market decline. The article quotes Steve Wetzel, a professor of finance at New York University's School of Continuing Education and a certified financial planner, and Arnie Kaufman, editor of Standard & Poor’s newsletter The Outlook. Discuss both reasons mentioned above, in the context of this week's assigned readings. 3. Discuss the merits of the following statement:  Inside directors should constitute the majority of a corporate board, because insiders have superior understanding of the firm’s business operations.  What evidence can you cite in support or in opposition to this assertion? The above questions requires to be answered putting in mind that Turnitin is active. Attached are modules that might be of assistance to the questions.

Hello, i have a tax research memo due this Sunday. I am extremely busy right now and do not have the time to work on it. iI have attaached the requiremtns for the memo along with a sample on how it is completed, this assignemtns seems fairly striaight forward, however my lack of time is preventing me from completing it. Below is the assignment.Mimi's Consulting Services , Inc. ("Mimi's Consulting Services ") is a Personal Services Corporation (“PSC "). Mimi's Consulting Services is a C corporation . Generally a PSC must be a calendar year taxpayer . Mimi's Consulting Services wants to use a year end other than the calendar year end . You have explained to Mimi, the sole shareholder of Mimi's Consulting Services , that the only exception to this rule is when the taxpayer , in this case Mimi's Consulting Services , can demonstrate a business purpose for a fiscal year end (not a calendar year end). Mimi's Consulting Services has asked you to prepare a tax memo explaining the business purpose exception. You should include examples of when this exception is satisfied and examples that will not satisfy the exception . When researching you may want to consider the following (and please note this is not an exhaustive list just a guide to help you get started): IRC $441 (i) Regs. Sec. $1.441-3 Your responsibility : Prepare a tax research memo addressing the question that has been raised. Please note that if the tax memo is not in the required format and/or contains very little analysis you will receive a zero () for the assignment. All good faith efforts are capable of receiving a minimum of 60% but less than a good faith effort will be awarded zero points . You will need to support your conclusion using primary sources of tax law. Your textbook is NOT primary authority nor are IRS Publications You must use proper citation form in your memo (see Chapter 2 for help with citation form ). The form for this communication should be professional and in the form of a tax research memo (example poste on Blackboard and a similar example in your textbook). Do yourself a favor and look at the grading rubric before you submit. This memo should be whatever length you feel is appropriate to resolve the issues. We do NOT use a bibliography or list of references in a tax research memo. You will see that citations are within the text of the document in the example . Once a court case has been cited in full, it can be referred to using simply the name in italics .

i attached photo of my homework can any one solve it pls ..............................................