In 2013, Apple Computers Decided to Raise a Large Amount

question 84

Essay

In 2013, Apple Computers decided to raise a large amount of money by selling bonds (previously the company had little or no debt)and use the proceeds to repurchase billions of dollars worth of the company's shares.The decision was made after Apple shares lost more than 40% of its value in a six-month period when most share prices were rising.What was the company's intention?

Analyze the impact of money's physical condition and circulation frequency on its lifespan.

Understand the primary functions and characteristics of money including acceptability, stability, portability, and divisibility.

Recognize the impact of inflation on purchasing power and how it relates to the concept of stability of money.

Identify and understand the lifespan and durability of various forms of money.

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Definitions:

Developing Nations

Countries with a lower standard of living, underdeveloped industrial base, and low Human Development Index relative to other countries.

Foreign Corrupt Practices Act

A U.S. law that prohibits American companies and their subsidiaries from bribing foreign officials to retain or obtain business.

Fines

Monetary penalties imposed as punishment for breaking laws or regulations.

Domestic Concern

Matters or businesses pertaining to the internal affairs or operations of a specific country.