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The CEO of your company has requested that you prepare a written presentation to be given at the next board of directors meeting regarding the continuing impact that the information age has on financial accounting. What are some of the ways that financial information will be changed in the way the information is processed, gathered, and communicated because of changing information technology?

1. Paper must be professional in APA style

2. Paper must be written in 3rd person

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Complete the following Study Problems from your textbook. The numbers in parentheses refer to the chapter and the problem number, for example 3-5 refers to Chapter 3, problem 5. The Study problems are linked at the bottom of the page.

1: Expected rate of return and risk (6-4)

2: Measuring risk and rates of return (6-11)

3: Security market line (6-17)

4: Capital asset pricing model (6-22)

5: Break-even analysis (12-2)

6: Break-even point and selling price (12-3)

7: Break-even point and operating leverage (12-4).

8: Operating leverage (12-5)

You will likely use a spreadsheet for this assignment but you may choose to type up your answers in a Word document. In either case, be sure to show your work. Support your answers by showing the formulas you use and defining any variables in the formulas. Any essay responses should be supported with appropriate citations and references.

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On January 18, 2010, Todd brought an action against Acton and Phi Corporation, Acton’s principal, to collect the full amount of the instrument with interest. Acton defended on the basis that he signed the instrument in a representative capacity and that Doe had failed to deliver the consideration for which the instrument had been issued. Phi Corporation defended on the basis that it did not sign the instrument and that its name does not appear on the instrument.

For what amount, if any, are Acton and Phi Corporation liable?

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