In 2018, 12 boys from the Thai soccer team and their coach were trapped in underground caves. Their rescue became an example of international collaboration and teamwork as the Thai government and various organisations and teams from all over the world joined forces to rescue the group.For your essay, research the event online. You should access media and Internet coverage as well as dedicated TV programs such asABC’s Four Cornersepisode (Four Corners 16 July 2018). Using teamwork theories* (see explanation below) address the following three points:
a) justify the importance of teamwork in this type of a scenario;
b) explain what made international teamwork effective; and
c) discuss what role team learning played in the success of the rescue mission.
Chapter 13 HW Questions Note: For each non-excel question, you must provide your source in the proper APA format. Reminder: If you DO NOT have a formula within your answer cell, it will not be marked correct! You must show your work within the excel formula! 1. [EXCEL] Finance balance sheet: KneeMan Markup Company has total debt obligations with book and market values equal to $30 million and $28 million, respectively. It also has total equity with book and market values equal to $20 million and $70 million, respectively. If you were going to buy all of the assets of KneeMan Markup today, how much should you be willing to pay? 2. WACC: What is the weighted average cost of capital for a firm? 3. Taxes and the cost of debt: How are taxes accounted for when we calculate the cost of debt? 4. Cost of common stock: List and describe each of the three methods used to calculate the cost of common stock. 5. [EXCEL] Cost of common stock: Whitewall Tire Co. just paid an annual dividend of $1.60 on its common shares. If Whitewall is expected to increase its annual dividend by 2 percent per year into the foreseeable future and the current price of Whitewall's common shares is $11.66, what is the cost of common stock for Whitewall? 6. [EXCEL] Cost of common stock: Seerex Wok Co. is expected to pay a dividend of $1.10 one year from today on its common shares. That dividend is expected to increase by 5 percent every year thereafter. If the price of Seerex common stock is $13.75, what is the cost of its common equity capital? 7. [EXCEL] Cost of common stock: Two-Stage Rocket paid an annual dividend of $1.25 yesterday, and it is commonly known that the firm's management expects to increase its dividend by 8 percent for the next two years and by 2 percent thereafter. If the current price of Two-Stage's common stock is $17.80, what is the cost of common equity capital for the firm? 8. [EXCEL] Cost of preferred stock: Fjord Luxury Liners has preferred shares outstanding that pay an annual dividend equal to $15 per year. If the current price of Fjord preferred shares is $107.14, what is the after-tax cost of preferred stock for Fjord? 9. [EXCEL] Cost of preferred stock: Kresler Autos has preferred shares outstanding that pay annual dividends of $12, and the current price of the shares is $80. What is the after-tax cost of new preferred shares for Kresler if the flotation (issuance) costs for preferred shares are 5 percent? 10. WACC: Describe the alternatives to using a firm's WACC as a discount rate when evaluating a project. 11. [EXCEL] WACC: Capital Co. has a capital structure, based on current market values, that consists of 50 percent debt, 10 percent preferred stock, and 40 percent common stock. If the returns required by investors are 8 percent, 10 percent, and 15 percent for the debt, preferred stock, and common stock, respectively, what is Capital's after-tax WACC? Assume that the firm's marginal tax rate is 40 percent. 12. WACC: What are direct out-of-pocket costs?