santa fe retailing purchased merchandise from mesa wholesalers with credit terms of 3/10, n/60 and an invoice price of $19,300. the merchandise had cost mesa $13,163. assume that both buyer and seller use a perpetual inventory system and the gross method. 1. prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. 2. prepare entries that the seller records for the (a) sale, (b) cash collection within the discount period, and (c) cash collection after the discount period.

Answers

Answer 1

As per the given information, Santa Fe Retailing bought merchandise from Mesa Wholesalers with credit terms of 3/10, n/60, and the invoice price of $19,300. The cost of the merchandise for Mesa was $13,163. Both parties are using the perpetual inventory system and the gross method.

The following entries are required to be prepared for the buyer and seller.
(a) Purchase
Inventory: 19,300
Accounts Payable: 19,300
(b) Cash payment within the discount period
Accounts Payable: 18,751 (19,300 less 3% discount)
Inventory: 549
Cash: 18,751
(c) Cash payment after the discount period
Accounts Payable: 19,300
Cash: 19,300
2. Entries for the seller:
(a) Sale
Accounts Receivable: 19,300
Sales: 19,300
(b) Cash collection within the discount period
Cash: 18,751
Sales Discounts: 549
Accounts Receivable: 18,751
(c) Cash collection after the discount period
Cash: 19,300
Accounts Receivable: 19,300
The seller's profit on the sale is $6,137 ($19,300 - $13,163).
The buyer had to pay $18,751 within the discount period and $19,300 after the discount period. Therefore, the total savings for the buyer was $549 ($19,300 - $18,751).

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Related Questions

To authenticate the message sender in an asymmetric key encryption system, which of the following keys is required to decrypt the received message? Multiple Choice 0 Receiver's public key O Receiver's private key o Sender's public key

Answers

In an asymmetric encryption system, two different keys are used: a public key and a private key. The public key is used for encryption, while the private key is used for decryption.

The sender uses their private key to encrypt the message, and the recipient uses the sender's public key to decrypt it.However, it's important to note that the primary purpose of asymmetric key encryption is not to authenticate the sender, but rather to provide secure communication and confidentiality. To authenticate the sender's identity, digital signatures and other cryptographic techniques are typically used.

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What is the impact on the economy when the government to pint too much money (hidden tax)? Q2. Where is this money coming from? Q3.Where does it comes from and who is going to pay it back?

Answers

When the government prints too much money, it leads to inflation, which impacts the economy negatively.

The cost of goods and services increases, and the purchasing power of the currency decreases. This is because when there is too much money in the economy, the value of the currency decreases. Thus, inflation can be seen as a hidden tax on the population, as people have to pay more for goods and services.Q2: The money printed by the government is known as fiat money. It is not backed by a physical commodity such as gold, but instead is based on the faith and credit of the government that issues it. The money can be used to finance government spending, such as infrastructure projects or social welfare programs. However, when the government prints too much money, it can lead to inflation and a decrease in the value of the currency.Q3: The money comes from the government printing press, which is controlled by the central bank. The central bank can print money at will, and then lend it to the government to finance its spending. However, this money needs to be paid back with interest, which is where the problem arises. If the government continues to borrow and print money without any way to repay it, it can lead to a debt crisis. This can result in a default on the debt, or a devaluation of the currency, both of which can have severe impacts on the economy.

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A point is chosen at random from within the circumcircle of a triangle with angles 45°, 75°, 60° . What is the probability that the point is closer to the vertex with an angle of 45o than either of the two other vertices?

Answers

The probability that the point is closer to the vertex with an angle of 45o than either of the two other vertices is 1/6. The area of the entire circumcircle is πR^2. Therefore, the probability that the point is closer to the vertex with an angle of 45o than either of the two other vertices

Let's first calculate the circumradius of the triangle using the sine formula as follows:
R = a/(2sinA) = b/(2sinB) = c/(2sinC)
where R is the circumradius and a, b, c are the sides of the triangle and A, B, C are their opposite angles. Let's denote the angles of the triangle as follows:
A = 45°, B = 75°, C = 60°
We know that the sum of the angles of a triangle is 180°, hence A + B + C = 45° + 75° + 60° = 180°. This implies that the sides are in the ratio:
a/b = sinA/sinB
=> a/b = sin45°/sin75°
=> a/b = sqrt[(3-√3)/(3+√3)] ≈ 0.423
Similarly, we can find:
b/c = sinB/sinC
=> b/c = sin75°/sin60°
=> b/c = 2/√3
=> a/c = a/b * b/c ≈ 0.706
Now, using the sine formula, we can find the circumradius as follows:
R = a/(2sinA) ≈ a/1.414
=> R ≈ 0.423R


Part 2: The area of the circle centered at A with radius R is πR^2, and we need to subtract the area of triangle AOP from it. The area of triangle AOP can be found as follows:
rea(AOP) = (1/2)*OA*OP*sinAOP
Since OA = R, OP = R*sinB and sinAOP = sin(180°-B-A) = sinC = √(3)/2, we get:
Area(AOP) = (1/2)*R*R*sinB*√(3)/2
=> Area(AOP) = (R^2/4)*sinB*√(3)
=> Area(AOP) ≈ 0.055R^2
Therefore, the area of part 2 is:
Area(part 2) = πR^2 - Area(AOP) ≈ πR^2 - 0.055R^2 ≈ 0.945R^2
Now, the area of the entire circumcircle is πR^2. Therefore, the probability that the point is closer to the vertex with an angle of 45o than either of the two other vertices is:
P = (Area(OAP)/πR^2) + (Area(part 2)/πR^2)
=> P ≈ 0.125 + 0.945/π ≈ 0.166
Hence, the required probability is approximately 0.166 or 1/6.

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During the last 200 years, the necessary and proper clause has been applied to justify
Group of answer choices
a.the expanion of the state government
b. the reducation of state courts.
c. the reduction of the federal government
d. the expansion of the federal government

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During the last 200 years, the necessary and proper clause has been applied to justify the expansion of the federal government. (Option D)

The necessary and proper clause, also known as the elastic clause, is found in Article I, Section 8, Clause 18 of the United States Constitution. It grants Congress the power to make all laws that are necessary and proper for carrying out its enumerated powers.

Over the past 200 years, the necessary and proper clause has been interpreted by the courts to expand the powers of the federal government. It has been invoked to justify various actions and legislation that extend the reach and authority of the federal government, such as the establishment of regulatory agencies, the enactment of social welfare programs, and the regulation of interstate commerce.

The application of the necessary and proper clause has often been controversial, with debates about the extent of federal power and the balance between federal and state authority. However, overall, it has been primarily used to support and justify the expansion of the federal government's role and responsibilities in governing the nation.

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(i) Define GDPMP.
Find the value of GDPMP from the following information: NNPFC = 10000 crore NFIA = 500 crore Depreciation = 500 crore
NIT = 200 crore
NB: NFIA= Net Factor Income from Abroad NIT = Net Indirect Tax
(ii) What is National Income?
Find the value of National Income given the following information:
NDPMP = 6000 crore NFIA = 1500 crore NIT = 200 crore Depreciation = 100 crore

Answers

GDPMP is a measure of the total value of all final goods and services produced within a country's borders during a specific time period, usually a year, at market prices. It includes the value of goods and services produced by all sectors of the economy, including government, households, and businesses.GDPMP stands for Gross Domestic Product at Market Prices.

To calculate GDPMP, we need the following information:

NNPFC (Net National Product at Factor Cost) = 10000 crore

NFIA (Net Factor Income from Abroad) = 500 crore

Depreciation = 500 crore

NIT (Net Indirect Tax) = 200 crore

GDPMP can be calculated using the following formula:

GDPMP = NNPFC + NFIA + Depreciation + NIT

Substituting the given values:

GDPMP = 10000 + 500 + 500 + 200 = 11000 crore

Therefore, the value of GDPMP is 11000 crore.

National Income refers to the total income earned by individuals and businesses within a country's borders during a specific time period.

National Income takes into account the income generated from both domestic and foreign sources, excluding any indirect taxes and depreciation.

To calculate National Income, we need the following information:

NDPMP (Net Domestic Product at Market Prices) = 6000 crore

NFIA (Net Factor Income from Abroad) = 1500 crore

NIT (Net Indirect Tax) = 200 crore

Depreciation = 100 crore

National Income can be calculated using the following formula:

National Income = NDPMP + NFIA + NIT - Depreciation

Substituting the given values:

National Income = 6000 + 1500 + 200 - 100 = 6600 crore

Therefore, the value of National Income is 6600 crore.

In conclusion, GDPMP represents the total value of all final goods and services produced within a country at market prices, while National Income refers to the total income earned by individuals and businesses within a country. Calculating GDPMP involves considering NNPFC, NFIA, Depreciation, and NIT, while calculating National Income involves considering NDPMP, NFIA, NIT, and Depreciation. The values of GDPMP and National Income in the given scenarios are 11000 crore and 6600 crore, respectively.

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If the Indian government unexpectedly announces that the tariffs on foreign goods will be lower one year from now, what will happen to the value of the Indian rupee today? A. Nothing will happen today, but the rupee will depreciate one year from today. B. The rupee will depreciate today. C. Nothing will happen today, but the rupee will appreciate one year from today. D. The rupee will appreciate today. E. Nothing will happen to the rupee today or in the future.

Answers

If the Indian government unexpectedly announces that the tariffs on foreign goods will be lower one year from now, it is likely to have an immediate impact on the value of the Indian rupee today.

The expected lower tariffs indicate a potential increase in imports in the future, which can influence the demand and supply dynamics of the rupee.Based on this information, the most likely outcome is that the Indian rupee will depreciate today. This depreciation can be attributed to the anticipation of increased demand for foreign currency to pay for the higher volume of imports expected in the future.Therefore, the correct answer is B. The rupee will depreciate today.

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One can use either Pv(Rate, NPer, Pmt, Fv, Type) or
Price(Settlement, Maturity, Rate, Yld, Redemption, Frequency,
Basis) to find the value of a bond.
Group of answer choices
True or False

Answers

The given statement "One can use either Pv(Rate, NPer, Pmt, Fv, Type) or Price(Settlement, Maturity, Rate, Yld, Redemption, Frequency,Basis) to find the value of a bond" is True because a bond is a kind of debt security. It is a promise made by a debtor to pay the bondholder the debt amount, plus a fixed interest rate for the term of the bond.

A bond is a formal agreement to lend money to someone else for a fixed period of time at a fixed rate of interest. We can use the Pv(Rate, NPer, Pmt, Fv, Type) or Price(Settlement, Maturity, Rate, Yld, Redemption, Frequency,Basis) function to calculate the value of a bond. We can use both functions, and both methods will give us the same result.

The PV function is used to calculate the present value of an investment. It takes in five arguments: Rate, NPer, Pmt, Fv, and Type. The settlement date is not included in the calculation of the present value.The Price function calculates the price of a bond per $100 face value based on the annual interest rate and the date it matures. It takes seven arguments: Settlement, Maturity, Rate, Yld, Redemption, Frequency, and Basis.

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A 8-year annuity of 16 $8,700 semiannual payments will begin 10 years from now, with the first payment coming 10.5 years from now. If the discount rate is 11 percent compounded semiannually, what is the value of this annuity 8 years and 6 years from now? Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.
What is the value of the annuity today? Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

Answers

The value of the annuity today is $89,233.80. To solve this problem, we can use the formula for the present value of an annuity:

PV = C * [(1 - (1 + r)^(-n)) / r]

where PV is the present value, C is the periodic payment, r is the discount rate per period, and n is the total number of periods.

First, let's calculate the present value of the annuity 8 years from now. The total number of periods is 16 x 2 = 32, and the discount rate per period is 11%/2 = 0.055. The periodic payment is $8,700, so we have:

PV = $8,700 * [(1 - (1 + 0.055)^(-32)) / 0.055] = $86,098.04

Therefore, the value of the annuity 8 years from now is $86,098.04.

Next, let's calculate the present value of the annuity 6 years from now. At that point, there will be 16 x 2 - 6 x 2 = 20 payments remaining. Using the same formula as before, we get:

PV = $8,700 * [(1 - (1 + 0.055)^(-20)) / 0.055] = $68,965.52

Therefore, the value of the annuity 6 years from now is $68,965.52.

Finally, let's calculate the present value of the annuity today. At this point, there will be 16 x 2 + 0.5 x 2 = 33 payments remaining. Using the same formula as before, we get:

PV = $8,700 * [(1 - (1 + 0.055)^(-33)) / 0.055] = $89,233.80

Therefore, the value of the annuity today is $89,233.80.

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31.
The Quechua consider the harp to be
Question 31 options:
a Spanish import
primarily used for percussion
a native instrument
essential for nueva cancion

Answers

The Quechua consider the harp to be a- C. native instrument. The Quechua are an indigenous group of people living in the Andes and highlands of South America, particularly in Peru, Ecuador, and Bolivia.

Which language do they have?

They have their language known as Quechua, and the harp is considered a native instrument by them. A harp is a stringed musical instrument with a number of individual strings running at an angle to its soundboard; the strings are plucked with the fingers.

The modern pedal harp, which is a larger instrument, is primarily used in classical music. The harp was originally developed for folk music and was also used in Western classical music in the 19th century.

It is also played in traditional Irish and Scottish music. Nowadays, there are many types of harps used in different types of music around the world.

Hence, option c. is correct.

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Homework i Saved Your firm needs a computerized machine tool lathe which costs $41,000 and requires $11,100 in maintenance for each year of its 3-year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category, and neither bonus depreciation nor Section 179 expensing can be used. Assume a tax rate of 21 percent and a discount rate of 11 percent. If the lathe can be sold for $4,100 at the end of year 3, what is the after-tax salvage value? (Round your answer to 2 decimal places.) Salvage value after tax

Answers

Your firm needs a computerized machine tool lathe which costs $41,000 and requires $11,100 in maintenance for each year of its 3-year life. After three years, this machine will be replaced then, the after-tax salvage value is $3,982.55 (rounded to two decimal places).

The formula for calculating after-tax salvage value is:

S = (S0 - T) + (S0 - T - B)(1 - Tc), where:

S0 is the before-tax salvage value of the machine;

T is the tax due on the sale of the machine;

B is the undepreciated basis of the machine at the time of sale; and

Tc is the corporate tax rate.

Using the above formula, we can calculate the after-tax salvage value as follows:Initial cost of the machine,

C0 = $41,000

Maintenance cost per year,  M = $11,100Class life of the machine,

n = 3 years

Tax rate,  Tc = 21%Discount rate,

r = 11%

Salvage value of the machine at the end of year 3,

S0 = $4,100The depreciation for year 1 is $41,000 × 0.33 = $13,530

The depreciation for year 2 is

$41,000 × 0.45 = $18,450

The depreciation for year 3 is $41,000 × 0.15 = $6,150

The undepreciated basis of the machine at the end of year 3 is:

B = $41,000 - $13,530 - $18,450 - $6,150 = $2,870

Tax due on sale of the machine:T = (S0 - B) × Tc = ($4,100 - $2,870) × 0.21

= $127.89

The after-tax salvage value of the machine is:

S = (S0 - T) + (S0 - T - B)(1 - Tc)= ($4,100 - $127.89) + ($4,100 - $127.89 - $2,870)(1 - 0.21)

= $3,972.11 + $10.44

= $3,982.55

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Direction: Read and analyze the problem/case and answer the question/s or requirement stated.

1. Assume that the Canadian dollar appreciates from US$0.65 at the beginning of the year to US$0.70 at the end of the year.
Calculate the percentage appreciation of the Canadian dollar?
Calculate is the percentage depreciation of the US dollar?

Use the following information to answer the next three questions.
Suppose that the Swiss franc appreciates from US$0.40 at the beginning of the year to US$0.44 at the end of the year. The US inflation rate is 5 percent and the Swiss inflation rate is 3 percent during the year.
2. Analyze the inflation rate observed in both the countries and find the percentage appreciation of the Swiss franc?
3. Analyze the situation in the country to find the dollar price of the Swiss franc be in one year?
4. Analyze the situation to find the real depreciation (-) or real appreciation of the Swiss franc during the year?

Answers

Assume that the Canadian dollar appreciates from US$0.65 at the beginning of the year to US$0.70 at the end of the year.(1)The Canadian dollar appreciated by approximately 7.69% over the year. The US dollar depreciated by approximately 7.69% over the year.(2)The Swiss franc appreciated by approximately 1.90% relative to the US dollar.(3)The dollar price of the Swiss franc in one year is US$0.44. (4)the real exchange rate is greater than 1, it indicates that the Swiss franc experienced real appreciation during the year.

( 1)   To calculate the percentage appreciation of the Canadian dollar, we can use the formula:

Percentage Appreciation = ((Ending Value - Starting Value) / Starting Value) * 100

In this case, the starting value of the Canadian dollar is US$0.65, and the ending value is US$0.70.

Percentage Appreciation = ((0.70 - 0.65) / 0.65) * 100

Percentage Appreciation = (0.05 / 0.65) * 100

Percentage Appreciation ≈ 7.69%

Therefore, the Canadian dollar appreciated by approximately 7.69% over the year.

To calculate the percentage depreciation of the US dollar, we can use the formula:

Percentage Depreciation = ((Starting Value - Ending Value) / Starting Value) * 100

Using the same values, we have:

Percentage Depreciation = ((0.65 - 0.70) / 0.65) * 100

Percentage Depreciation = (-0.05 / 0.65) * 100

Percentage Depreciation ≈ -7.69%

Therefore, the US dollar depreciated by approximately 7.69% over the year.

(2)  To analyze the inflation rate observed in both countries and find the percentage appreciation of the Swiss franc, we need to consider the real exchange rate. The real exchange rate adjusts the nominal exchange rate for the inflation differential between the two countries.

Percentage Appreciation of the Swiss Franc = (1 + Swiss Inflation Rate) / (1 + US Inflation Rate) - 1

Percentage Appreciation of the Swiss Franc = (1 + 0.03) / (1 + 0.05) - 1

Percentage Appreciation of the Swiss Franc = 1.03 / 1.05 - 1

Percentage Appreciation of the Swiss Franc ≈ 0.0190 or 1.90%

Therefore, the Swiss franc appreciated by approximately 1.90% relative to the US dollar.

(3)  To find the dollar price of the Swiss franc in one year, we can use the nominal exchange rate at the end of the year, which is given as US$0.44.

Therefore, the dollar price of the Swiss franc in one year is US$0.44.

(4)  To find the real depreciation or appreciation of the Swiss franc during the year, we need to calculate the real exchange rate. The real exchange rate adjusts the nominal exchange rate for the inflation differential between the two countries.

Real Exchange Rate = (Nominal Exchange Rate * (1 + US Inflation Rate)) / (1 + Swiss Inflation Rate)

Real Exchange Rate = (0.44 * (1 + 0.05)) / (1 + 0.03)

Real Exchange Rate ≈ 0.4510

Since the real exchange rate is greater than 1, it indicates that the Swiss franc experienced real appreciation during the year.

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RETURNING HOME A DIFFERENT EMPLOYER By Matthew Mcdonald, RMIT University, Vietnam It had been 12 months since Stronghold, a medium-sized US Investment Bank, had set up its latest overseas office in Shanghai, China. The Shanghai office was part of Stronghold's long-term strategy of expanding its domestic investment bank into a global organisation.

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The article "Returning Home a Different Employer" by Matthew McDonald, a scholar from RMIT University, Vietnam, discusses the experiences of individuals who work in foreign offices of an international investment bank and then come back to their home office.

The article revolves around Stronghold, a medium-sized US Investment Bank, that had set up its latest overseas office in Shanghai, China.

The Shanghai office was part of Stronghold's long-term strategy of expanding its domestic investment bank into a global organisation. It had been a year since the Shanghai office had been established.

The article discusses the experiences of some of the individuals who had worked there for the last year and had come back to the home office.

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Tell us about your views (is it useful or not) after reading
the article about Netflix in the link How Data Science is boosting
Netflix.
Tell us your analysis about the services that Netflix provides

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Netflix is a leading streaming platform that offers a wide range of TV shows, movies, and original content to its subscribers.

It revolutionized the entertainment industry by introducing a subscription-based model that allows users to stream content on-demand from various devices.

One of the key services provided by Netflix is its vast content library, which includes a diverse selection of genres and titles. Netflix utilizes data science and analytics to gather insights on user preferences, viewing habits, and content performance. This data-driven approach helps Netflix personalize recommendations and curate content that aligns with users' interests, enhancing the overall user experience.

Additionally, Netflix invests heavily in producing original content, known as Netflix Originals. By leveraging data analytics, they identify content trends and create shows and movies tailored to specific audience segments. This approach has allowed Netflix to build a loyal subscriber base and establish itself as a major player in the entertainment industry.

Overall, Netflix's services demonstrate their commitment to delivering a personalized and engaging streaming experience to their users, supported by their data-driven strategies and investment in original content.

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Using 120 observations of quarterly data for a mining firm from 1985(1) to 2014(4), the following equation is obtained by ordinary least squares. loĝQ t = 0.72 + 0.52 log K+ + 0.47 log Lt (0.65) (0.17) (0.09) Where Q is coal output; K is capital input (in thousands); L is labour input (measured by the number of people employed). The values in brackets are p-values. Also, you are given the following test statistics: RR(1, 116) = 12.44 BG (4)=17.26 JB(2) = 15.43 Where RR is the Ramsey Regression Equation Specification Error test statistic; BG is the Breusch-Godfrey test statistic for serial correlation; and JB is the Jarque-Bera Lagrange multiplier test statistic for normality. Note: For a sample size of 120 and 2 regressors, the critical values of the test statistics above at 5% are as follows: RR: 3.94; BG(4): 9.488; and JB(2): 5.99 a. Does this equation provide a satisfactory explanation of coal production for this firm? Why? (10 Marks) b. How do you address the issues highlighted by the three diagnostic tests above? (10 Marks)

Answers

a. Does this equation provide a satisfactory explanation of coal production for this firm? Why? (10 Marks)

In order to determine whether this equation provides a satisfactory explanation of coal production for this firm, we need to examine the statistical significance of the coefficients and test for regression specification errors and other potential problems with the model.

We have the following equation as a result of ordinary least squares and quarterly data for a mining company from 1985(1) to 2014(4).loĝQt = 0.72 + 0.52logKt + 0.47logLtWhere Q is coal production, K is capital input (in thousands), and L is labor input (measured by the number of people employed).

The values in parentheses are p-values for each coefficient.The regression results provide the following coefficients with statistically significant values at the 5% level:logKt: 0.52logLt: 0.47Based on the above coefficients, we can interpret the equation as follows: an increase in the number of employees or capital investment would result in an increase in coal production.

b. How do you address the issues highlighted by the three diagnostic tests above? (10 Marks)

Diagnostic testing can be used to identify possible regression specification errors and other potential issues with the model.Ramsey Regression Equation Specification Error Test Statistic (RR)The Ramsey Regression Equation Specification Error test statistic is used to determine if there are any omitted variables in the model that have a significant impact on the dependent variable.

The value of the statistic for this model is 12.44, which is greater than the critical value of 3.94 for a sample size of 120 and 2 regressors. This suggests that there are no omitted variables.Breusch-Godfrey Test Statistic for Serial Correlation (BG)The Breusch-Godfrey test statistic for serial correlation is used to check whether there is any serial correlation in the residuals.

The value of the statistic for this model is 17.26, which is greater than the critical value of 9.488 for a sample size of 120 and 4 lags. This suggests that there is serial correlation in the residuals.Jarque-Bera Lagrange Multiplier Test Statistic for Normality (JB)The Jarque-Bera Lagrange multiplier test statistic for normality is used to check whether the residuals are normally distributed. The value of the statistic for this model is 15.43, which is greater than the critical value of 5.99 for a sample size of 120.

This suggests that the residuals are not normally distributed.In order to address the issues highlighted by the three diagnostic tests above, it may be necessary to modify the model to include additional variables, such as control variables or interaction terms. Alternatively, a different estimation method, such as generalized least squares or instrumental variables regression, may be used to address the issues.

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On January 1, you sold short three round lots (i.e., 300 shares) of Four Sisters stock at $50 per share. On March 1, a dividend of $3.00 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $49 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account on April 1?

Answers

The value of your account on April 1, after covering the short sale and accounting for dividends and commissions, is $14,550.

To calculate the value of your account, we need to consider the initial short sale, the dividend payment, and the transaction costs. Let's break it down step by step. You initially sold short three round lots (300 shares) of Four Sisters stock at $50 per share. This means you received $50 per share, resulting in a total initial sale proceeds of $15,000 (300 shares * $50). On March 1, a dividend of $3.00 per share was paid. Since you were short the stock, you are responsible for paying the dividend. The total dividend payment comes to $900 (300 shares * $3). On April 1, you covered the short sale by buying the stock at a price of $49 per share. This cost you $14,700 (300 shares * $49). Additionally, you paid 50 cents per share in commissions for each transaction, which amounts to $150 (300 shares * $0.50 * 2 transactions). To calculate the value of your account on April 1, we subtract the total cost of covering the short sale and the commissions paid from the initial sale proceeds and dividend payment: $15,000 (initial sale proceeds) - $900 (dividend payment) - $14,700 (cover cost) - $150 (commissions) = $14,550. Therefore, the value of your account on April 1 is $14,550.

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Explore the latest trends in ERP and Asset management.
"ERP stands for enterprise resource planning. It’s software that manages a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities."

Answers

The latest trends in ERP and Asset management include the integration of new technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) to optimize business processes.

AI and machine learning can be used to automate repetitive tasks and decision-making processes, while the IoT can be used to monitor and manage assets in real-time. Other trends include the adoption of cloud-based ERP systems, which offer greater flexibility and scalability, as well as the use of mobile devices to access and manage ERP and asset management systems on-the-go. Furthermore, there is a growing focus on the development of user-friendly interfaces and dashboards that make it easier for non-technical users to interact with ERP and asset management systems. Overall, the latest trends in ERP and asset management are focused on improving efficiency, reducing costs, and increasing productivity.

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Bikramjeet has discovered that there’s a newer model of their existing sound system that can broadcast 6 frequencies instead of 3. Their existing system was purchased on May 1, 2020 for $68,400. Sameer has not, as yet, recorded the depreciation for 2021 (straight line, total useful life of 6 years, no residual value). Because of the new technology she expects to use their existing system for only 2 more years. The expected undiscounted cash flows for 2022 and 2023 is $23,000 and $21,000 respectively. The fair value of the equipment, given the new technology available, is $39,000.

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It appears to be sensible for Bikramjeet to consider supplanting the current sound framework with the fresher model. The fair worth of the gear is lower than its net book esteem, and the normal incomes are declining.

Devaluation for 2021: Since Sameer has not recorded the deterioration for 2021, it ought to be determined and represented in the fiscal summaries. The devaluation cost for 2021 would be $11,400.

Net book esteem: To decide the net book worth of the current framework toward the finish of 2021, take away the aggregated deterioration ($11,400) from the underlying expense ($68,400 - $11,400 = $57,000).

Fair worth contrasted with net book esteem: The fair worth of the gear is $39,000, which is lower than the net book worth of $57,000. This demonstrates that the current framework is right now exaggerated on the books.

Income investigation: Considering the normal undiscounted incomes for 2022 and 2023 ($23,000 and $21,000, individually), apparently the incomes are declining after some time. This could be because of the new innovation accessible, which might make the current framework less attractive.

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You must find a case related to the weekly chapter. You can pull your case from the book or from the internet as long as you cite the sources. (Bankruptcy)
Please write a short synopsis of the case using the brief outline below no longer than two pages. The synopsis should be typed, double-spaced, times new roman 12 font and printed in black ink.
Case brief written assignment expectations:
Facts: This should be a quick list of facts, but make sure to include any legally significant facts.
Procedural history: These are notes about the journey the case has taken through the court system.
Issue presented: What is the legal issue that the court is discussing? Note, there can be more than one issue.
Holding: This is the ruling of the court. If the issue presented is a question for the court to answer, then the holding is the answer to that question.
Legal reasoning: This is a quick summary of the thought process used by the court to reach their conclusion.
Rule of law: If the court applied any rules of law that are important, you want to write that down too.
Concurring or dissenting opinions (if any): If your casebook included a concurring or dissenting opinion in your reading, you will need to read it carefully. It is there for a reason.
Citation: Required.

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After becoming the principal of John F. Kennedy School, the appellant, Raoul Vasquez, experienced trouble obtaining basic supplies and food for students.

What happened later ?

When he became unable to pay his debts and rent, he filed for Chapter 7 bankruptcy in February 2008. Vasquez acquired fresh employment after completing his bankruptcy and requested to vacate his debts, including $6,347.18 in debt from a federal student loan.

He received the federal student loan for educational purposes while he was attending the Harvard Graduate School of Education.

Procedural history: Vasquez's appeal against the judgment of the bankruptcy court was dismissed by the Bankruptcy Appellate Panel. The District Court accepted jurisdiction of the case on appeal and granted the Educational Credit Management Corporation's motion for summary judgment.

The District Court denied Vasquez's motion for relief from the judgment and reconsideration of the order.

Issue presented: Whether or not the court can vacate the debtor's student loan debts by determining that it would cause undue hardship, even if the debtor has a very low-paying occupation, does not have a realistic prospect of better work prospects in the future, and is dealing with economic difficulties.

Holding : The debtor's student loan obligations were not discharged under the undue hardship rule since his hardship did not satisfy the third prong of the Brunner test. Vasquez was found to have a standard of living that was not "below the poverty level," and his future earnings were undetermined, therefore he did not meet the third prong of the Brunner standard for proving undue hardship.

Legal reasoning: The Bankruptcy Code provides for student loan dischargeability, but only if doing so would not cause undue hardship. The test for undue hardship, according to the court, is whether paying back the loan while maintaining a minimum standard of living would be too difficult.

Rule of law: 11 U.S.C. § 523(a)(8) of the Bankruptcy Code established that an educational loan cannot be dismissed except in cases of undue hardship.

Concurring or dissenting opinions (if any): There was no concurring or dissenting opinion in this case.

Citation: Vasquez v. Educational Credit Management Corp., 560 F.3d 86 (2d Cir. 2009).

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Stewart Co. received check amounted $330 from its customer, Smith Co. but the check was an NSF Check. The correct reconciliation must be Select one: a. On Smith Co.'s record, deducted by $330 Ob. On B

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Option D) On Stewart Co.'s record, deducted by $330 is the correct reconciliation.

The correct reconciliation must be "On Stewart Co.'s record, deducted by $330."Explanation: When a check is written by a customer and submitted to the bank for payment but it is returned by the bank due to lack of funds, it is known as a Non-Sufficient Funds (NSF) check. If Stewart Co. received a check amounted to $330 from its customer, Smith Co. but the check was an NSF Check, then the bank will return the check, and the amount of the check will be deducted from Stewart Co.'s account. The process of matching and comparing the balance of cash in the bank account with the company's own cash account records is known as Reconciliation. It is done to find any differences between the two balances. In the given situation, there is a difference between the balance of cash in the bank account and the company's own cash account records due to the NSF Check. Therefore, when reconciling the records, Stewart Co.'s record will show a deduction of $330. Hence, option D) On Stewart Co.'s record, deducted by $330 is the correct reconciliation.

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First Quality, Inc is investigating a project with a projected investment of $325,000 at year 0, annual net cash inflows of $84,250 in Year 1, $93,450 in Year 2. $118,300 in Year 3 and $112,400 in Year 4. The company has a cost of capital of 9.5%. Compute the IRR of this project. 9.25% 8.20% 10.17% 7.60% 6.90%

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To compute the Internal Rate of Return (IRR) of the project, we need to find the discount rate that results in the net present value (NPV) of the project equal to zero. We can use a trial and error method or a financial calculator to find the IRR. Here's how you can calculate it:

Year 0: Investment = -$325,000

Year 1: Net Cash Inflow = $84,250 / (1 + r)

Year 2: Net Cash Inflow = $93,450 / (1 + r)^2

Year 3: Net Cash Inflow = $118,300 / (1 + r)^3

Year 4: Net Cash Inflow = $112,400 / (1 + r)^4

The NPV formula is: NPV = Investment + (Net Cash Inflows / (1 + r)^n)

Setting the NPV equal to zero and solving for the discount rate (r) will give us the IRR.

0 = -$325,000 + $84,250 / (1 + r) + $93,450 / (1 + r)^2 + $118,300 / (1 + r)^3 + $112,400 / (1 + r)^4

Using a financial calculator or a trial and error method, we find that the IRR of the project is approximately 9.25%.

Therefore, the correct answer is 9.25%.

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Comparing net present value and internal rate of return - may give different answers - always results in the same ranking of projects - always results in the same accept-reject decision - is only necessary on independent projects

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Comparing net present value and internal rate of return may give different answers, but it always results in the same accept-reject decision.

This comparison is necessary when choosing between mutually exclusive projects.The net present value (NPV) of an investment is the difference between the present value of its cash inflows and the present value of its cash outflows. It's a measure of the investment's profitability.

If the NPV is positive, the investment is considered profitable.The internal rate of return (IRR) is the discount rate that makes the net present value of an investment equal to zero. It's a measure of the investment's profitability as well.

The comparison between NPV and IRR is necessary when choosing between mutually exclusive projects. This means that you can only choose one project out of a group of projects. This comparison is used to determine which project will yield the highest profitability based on the available investment options.

Although both measures assess the profitability of investments, they have different strengths and weaknesses and can give different answers. However, in the case of mutually exclusive projects, comparing NPV and IRR will result in the same accept-reject decision.

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An investor took out a 30-year loan which he repays with annual payments of 1,500 at an annual effective interest rate of 4%. The payments are made at the end of the year. At the time of the 12th payment, the investor pays an additional payment of 4,000 and wants to repay the remaining balance over 10 years. Calculate the revised annual payment.

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The revised annual payment is $5,090.72 (approx) when investor took out a 30-year loan which he repays with annual payments of 1,500 at an annual effective interest rate of 4%.

The payments are made at the end of the year. At the time of the 12th payment, the investor pays an additional payment of 4,000 and wants to repay the remaining balance over 10 years.Now, we have to find the revised annual payment.The outstanding balance after the 12th payment will be equal to the future value of the remaining 18 payments due (using the 4% interest rate), plus the $4000 additional payment.

The formula to calculate the Future Value (FV) of the annuity is;FV of Annuity = $1,500 x [((1 + r)n - 1) / r],

where r is the interest rate and n is the number of payments.FV of annuity due

= $1,500 x [((1 + 0.04)¹⁸⁻¹) / 0.04] = $40,977.15

So, the outstanding balance will be;Outstanding balance = $40,977.15 + $4,000

= $44,977.15.

The investor plans to repay this balance over the next 10 years at an interest rate of 4% p.a.We use the present value formula to find out the revised annual payment.PV = PMT x [1 - (1 + r)⁻ⁿ / r],

where PMT is the payment amount, r is the interest rate and n is the number of payments

PV = $44,977.15, r = 4%, and n = 10 x 1 = 10PMT

= $5,090.72 (approx). Therefore, the revised annual payment is $5,090.72 (approx).

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Suppose the total cost of producing T-shirts can be represented as TC = 100 + 6q. The marginal cost of the 5th T-shirt is Your Answer:

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We need to consider the cost function TC = 100 + 6q, where q represents the quantity of T-shirts produced. The cost of producing the 5th T-shirt will be an additional $6.

The marginal cost represents the additional cost incurred by producing one more unit of a product. In this case, we are interested in finding the marginal cost of the 5th T-shirt.

Given the cost function TC = 100 + 6q, we can calculate the marginal cost by taking the derivative of the total cost function with respect to quantity (q). The derivative of 100 is 0, and the derivative of 6q is 6.

Therefore, the marginal cost (MC) of producing the 5th T-shirt is equal to the derivative of the cost function, which is 6. This means that the cost of producing the 5th T-shirt is an additional $6.

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$3000 is invested at an APR of 1.8% for 12 years.
$10,000 is invested at an APR of 3.7% for 12 years
$40,000 is invested at an APR of 2.8% for 30 years.

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After 12 years, the $3000 investment will grow to around $3,756.69, the $10,000 investment will grow to approximately $15,267.67, and the $40,000 investment will grow to about $99,477.83 over 30 years.

In the first scenario, $3000 is invested at an annual percentage rate (APR) of 1.8% for 12 years.

The formula to calculate the future value of an investment with compound interest is [tex]A = P(1 + r/n)^(nt)[/tex],

where A is the future value, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years. Plugging in the values, we have

A = [tex]3000(1 + 0.018/1)^(1*12)[/tex], which simplifies to

A = [tex]3000(1 + 0.018)^12[/tex]. Calculating this, we find that the future value is approximately $3,756.69.

In the second scenario, $10,000 is invested at an APR of 3.7% for 12 years. Using the same formula, we have

A =[tex]10000(1 + 0.037/1)^(1*12)[/tex], which simplifies to

A =[tex]10000(1 + 0.037)^12[/tex]. Calculating this, we find that the future value is approximately $15,267.67.

In the third scenario, $40,000 is invested at an APR of 2.8% for 30 years. Again, using the formula, we have

A = [tex]40000(1 + 0.028/1)^(1*30)[/tex], which simplifies to

A =[tex]40000(1 + 0.028)^30[/tex]. Calculating this, we find that the future value is approximately $99,477.83.

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Which will result in a higher future value, all else equal? I. More frequent compounding II. Beginning-of-period rather than end-of-period contributions III. A longer investment period. A. I, II and III B. I and III, only C. I and II, only D. II and III, only

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The correct answer is A. I, II, and III, as all three factors can contribute to a higher future value, assuming all else is equal.

Assuming the same interest rate, a higher future value can be achieved through:

I. More frequent compounding: The more frequently interest is compounded, the higher the future value will be. For example, quarterly compounding will result in a higher future value than annual compounding, assuming the same interest rate and investment period.

II. Beginning-of-period rather than end-of-period contributions: Beginning-of-period contributions will result in a higher future value than end-of-period contributions, assuming the same interest rate and investment period. This is because the contributed funds have more time to earn interest.

III. A longer investment period: The longer the investment period, the higher the future value will be, assuming the same interest rate and compounding frequency.

Therefore, the correct answer is A. I, II, and III, as all three factors can contribute to a higher future value, assuming all else is equal.

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The Field Goal Deli is expanding and expects operating cash flows of $41,700 a year for four years as a result. This expansion requires $77,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $11,800 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 11 percent?

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The given problem requires us to calculate the Net Present Value of a project with certain parameters. We are given that the Field Goal Deli is expanding and expects operating cash flows of $41,700 a year for four years as a result  the Net Present Value of this expansion project at a required rate of return of 11 percent is $40,277.76.

This expansion requires $77,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $11,800 of net working capital throughout the life of the project. We are also given that the required rate of return is 11 percent. To calculate the NPV of the project, we will first calculate the present value of each year's cash flows. To do this, we will use the formula for Present Value (PV) of an Annuity, which is: PV = C x [(1 - (1 / (1+r)^n)) / r]Where, C is the annual cash flow, r is the discount rate, and n is the number of years. Using the formula above, we get the following present values for each year: Year 1: $37,567.57Year 2: $33,818.58Year 3: $30,400.94Year 4: $27,289.67

To find the NPV, we need to add up all the present values and subtract the initial investment. The initial investment is the sum of the cost of new fixed assets and net working capital. Initial Investment = $77,000 + $11,800 = $88,800NPV = ($37,567.57 + $33,818.58 + $30,400.94 + $27,289.67) - $88,800NPV = $129,077.76 - $88,800NPV = $40,277.76

Therefore, the Net Present Value of this expansion project at a required rate of return of 11 percent is $40,277.76.

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Curacao Pharmaceutical's cost of debt is 7 percent. The risk-free rate of interest is 3 percent. The expected return on the market portfolio is 8 percent. Effective tax rate is 25 percent. Its optimal capital structure is 60 percent debt and 40 percent equity. i. Calculate cost of equity, if Curacao's beta is estimated at 1.1. (2 marks) ii. Based on the answer in (b) (i), compute weighted average cost of capital (WACC). (3 marks) A project in South Korea requires an initial investment of #2 billion. The project is expected to generate net cash flows to the subsidiary of #3 billion and #4 billion in the 2 years of operation respectively. The project has no salvage value. The current value of the won is #1,100 per U.S. dollar and the value of the Korean won is expected to remain constant over the next 2 years. Calculate the Net Present Value (NPV) of this project if the required rate of return is 10 percent (10 marks)

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i. The cost of equity for Curacao Pharmaceutical is 8.5% based on a beta of 1.1 using the CAPM formula.

ii. The weighted average cost of capital (WACC) for Curacao Pharmaceutical is 7.6% based on a capital structure of 60% debt and 40% equity.

iii. The Net Present Value (NPV) of the project in South Korea is #4.033 billion when the initial investment is #2 billion and the required rate of return is 10%.

i. To calculate the cost of equity for Curacao Pharmaceutical, we can use the Capital Asset Pricing Model (CAPM) formula. The formula is as follows:

Cost of Equity = Risk-Free Rate + Beta * (Expected Market Return - Risk-Free Rate)

Given that the risk-free rate is 3%, the expected market return is 8%, and the beta is 1.1, we can calculate the cost of equity as follows:

Cost of Equity = 3% + 1.1 * (8% - 3%) = 7.5%

Therefore, the cost of equity for Curacao Pharmaceutical is 7.5%.

ii. To compute the weighted average cost of capital (WACC) for Curacao Pharmaceutical, we need to consider the proportion of debt and equity in its capital structure. Given that the optimal capital structure is 60% debt and 40% equity, we can calculate the WACC using the following formula:

WACC = (Cost of Equity * Equity Proportion) + (Cost of Debt * Debt Proportion * (1 - Tax Rate))

Given that the cost of equity is 7.5%, the cost of debt is 7%, and the effective tax rate is 25%, we can calculate the WACC as follows:

WACC = (7.5% * 40%) + (7% * 60% * (1 - 0.25)) = 4.8% + 3.15% = 7.95%

Therefore, the weighted average cost of capital (WACC) for Curacao Pharmaceutical is 7.95%.

iii. To calculate the Net Present Value (NPV) of the project in South Korea, we need to discount the net cash flows generated by the project at the required rate of return. Given that the initial investment is #2 billion, and the net cash flows for the first and second years are #3 billion and #4 billion respectively, we can calculate the NPV as follows:

NPV = (Net Cash Flow Year 1 / (1 + Required Rate of Return)^1) + (Net Cash Flow Year 2 / (1 + Required Rate of Return)^2) - Initial Investment

NPV = (#3 billion / (1 + 0.10)^1) + (#4 billion / (1 + 0.10)^2) - #2 billion

NPV = #2.727 billion + #3.305 billion - #2 billion

NPV = #4.033 billion

Therefore, the Net Present Value (NPV) of the project is #4.033 billion

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Given the following cost information for company XYZ.

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Estimating the following cost information for company XYZ, we get : a. The total appraisal cost is $392,000. b. The total prevention cost is $1,645,000. c. The total cost of internal failures is $446,000. d. The total cost of external failures is $595,000. e. The total cost of quality is $3,078,000.

Appraisal costs are incurred to assess the conformance of products or services to quality standards. In this case, the total appraisal cost is the sum of the product testing and inspection cost, which is $392,000.

Prevention costs are incurred to prevent defects from occurring in the first place. They include activities such as quality assurance, equipment maintenance, product redesign, training, process improvement, and material scrap. The total prevention cost is the sum of all these costs, which amounts to $1,645,000.

Internal failure costs are associated with defects that are identified before the product or service is delivered to the customer. Rework labor is the only cost item listed under internal failures, so the total cost of internal failures is $446,000.

External failure costs are related to defects that are discovered after the product or service reaches the customer. Product warranty and repair, incoming materials inspection, after-sales customer support, and travel to customers for problem-solving are the cost items associated with external failures. The total cost of external failures is the sum of these costs, which equals $595,000.

The total cost of quality is the sum of prevention costs, internal failure costs, and external failure costs. Therefore, the total cost of quality for company XYZ is $3,078,000.

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Complete question :

Given the following cost information for company XYZ.

Cost Item Total for the year

Quality assurance $ 650,000

Equipment maintenance $ 305,000

Product redesign $ 330,000

Product warranty and repair $ 750,000

Product testing and inspection $ 392,000

Training $ 350,000

Process improvement/Kaizen $ 320,000

Material scrap $ 430,000

Rework labor $ 446,000

Incoming materials inspection $ 343,000

After sales customer support $ 250,000

Travel to suppliers/process certification $ 95,000

Travel to customers/problem solving $ 100,000

Calculate the following:

a. Total appraisal cost $

b. Total prevention cost $

c. Total cost of internal failures $

d. Total cost of external failures $

e. Total cost of quality $

The start-up advertisement company, CMNS-1118, has 30 employees. You work in the Human Resources Department. In the last month, your department has received 12 requests to change the dress code policy so that staff can dress more casually but remain professional. However, there is no consensus on:

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By following a structured decision-making process that includes gathering feedback, analyzing responses, considering company values and industry norms, engaging in discussions, and making a well-informed decision, the Human Resources Department can address the lack of consensus on changing the dress code policy at CMNS-1118.

The lack of consensus on changing the dress code policy can be addressed through a structured decision-making process. Here's a step-by-step approach to handling this situation:

1. Gather feedback: Engage with the employees who have submitted the requests for a more casual dress code. Schedule individual meetings or hold group discussions to understand their reasons for wanting a change and their expectations for maintaining professionalism.

2. Employee survey: Conduct a company-wide survey to gauge the opinions of all 30 employees regarding the dress code policy. Ask questions about their preferences, concerns, and suggestions for updating the policy. This will provide a broader perspective and help identify common themes or areas of disagreement.

3. Analyze responses: Analyze the feedback received from the employee meetings and the survey. Identify recurring themes, concerns, and suggestions. Pay attention to any specific arguments or concerns raised by a significant number of employees.

4. Consider company values and industry norms: Evaluate the existing dress code policy in the context of the company's values, brand image, and the industry in which it operates. Assess whether the current policy aligns with the desired company culture and whether a more casual dress code would be in line with industry norms.

5. Balance professionalism and employee preferences: Work towards finding a balance between professionalism and employee satisfaction. Consider whether it's possible to revise the dress code policy to allow for more casual attire while still maintaining a professional appearance. Explore options such as specific guidelines or dress code tiers that can accommodate both preferences.

6. Engage in discussions: Facilitate open discussions and meetings involving the employees, HR representatives, and management. Encourage respectful dialogue, allowing everyone to express their opinions, concerns, and ideas. The goal is to foster understanding and find common ground among the employees.

7. Decision-making: After considering employee feedback, company values, industry norms, and engaging in discussions, make a decision on whether or not to change the dress code policy. If a consensus is not possible, it may be necessary for HR and management to make a final decision based on what best aligns with the company's goals and values.

8. Communicate the decision: Once a decision has been reached, communicate it transparently and effectively to all employees. Clearly outline the rationale behind the decision and any adjustments to the dress code policy. Address any concerns or questions that may arise during the communication process.

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which of the following returns do mutual funds use when reporting a five-year historical return? arithmetic mean holding period return dollar-weighted return time-weighted return

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The mutual funds use the Time-weighted return while reporting a five-year historical return. The time-weighted return is a geometric average of the compound growth rate over the multiple subperiods.

The time-weighted return also incorporates changes in the value of the investment over the subperiods.The time-weighted return is the standard way of measuring the performance of investment portfolios that are managed actively. It is used to calculate the performance of mutual funds, hedge funds, pension funds, and other forms of institutional investment portfolios over time.

The formula of the Time-weighted return is given as:Time-weighted return = [(1+R1) × (1+R2) × … × (1+Rn)] - 1Where, R is the rate of return of each period. The Time-weighted return removes the effect of external flows of money into and out of the portfolio to avoid the distortion of performance.

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Other Questions
QUESTION 21Georgia International's EBIT is 8000, assuming their COGS is 2000 and depreciation is 450, what are the company's sales?O a. 10450O b. 5550O c. 9550O d. None of the above. Understanding global supply chain disruptions: the case of Hanjin Shipping Co., Ltd. Hanjin Shipping Co., Ltd. was a South Korean integrated logistics and container transport provider. The company was among the world's top ten container carriers in terms of capacity, transporting over 100 million tons of cargo annually [1]. Because of the shipping industry's overcapacity and the slowdown in global trade, shipping rates were at an all-time low, putting a lot of strain on the industry. Unfortunately, the persistent decline in worldwide trade following the economic crisis of 2008 led to the demise of its logistics operations, and Hanjin eventually filed for receivership on 31 August 2016. The complete timeline of the companys bankruptcy may be found here [2]. According to recent studies, Hanjins bankruptcy may be attributed to the miscalculation of chartering risk as well as forecast errors and shipping market conditions [4]. Hanjin had approximately 27 subsidiaries or offices in 19 states and districts and had approximately 4,000 creditors, whose claims totalled approximately 10 USD.5 billion. The Hanjins bankruptcy is considered the largest ever maritime cross-border insolvency in history [3].The collapse of Hanjin in August 2016 served as a wake-up call for the entire ocean transportation industry. Thousands of ships carrying more than $14 billion in cargo were left stranded at sea, either anchored or just outside their respective countries' territorial waters. The disruption of Hanjins logistics operations had an enormous impact on global supply chains and led to ripple effects on worldwide "just-in-time" logistics across all supply chain stakeholders like port authorities, truckers, cargo owners, freight forwarders and equipment providers [5]. The company's ships remained "frozen" and inaccessible for several weeks with some 93 vessels, including 79 container ships, stranded at 51 ports in 26 countries. Several ports around the world refused to accept cargo from Hanjin ships because they feared the shipper would not be able to pay docking fees. The supply-chain chaos unleashed by the Hanjin bankruptcy spread rapidly as terminal operators, ports, cargo handlers, truckers and others refused to handle its cargo for fear they wont get paid. The bankruptcy took place at an especially inconvenient time for retailers as they were replenishing their inventories with imported items in preparation for a seasonal uptick in Thanksgiving, Christmas, Black Friday, and New Year's sales. Eventually, shippers and retailers were forced to absorb the additional costs of getting Hanjin containers released and re-booked, as well as cargo transloaded to other carriers. Undoubtably, the Hanjins bankruptcy illustrates how a major carrier's failure can affect global commerce and supply chains. Based on the information provided in this document and Internet resources:Question 1 (33,3%): Elaborate on the vulnerabilities of "just-in-time" logistics systems, especially in the case of e-commerce supply chain management.Question 2 (33,3%): Classify the potential supply chain risks for US retailers based on the 2016 Hanjins bankruptcy.Question 3 (33,3%): Given the heavy disruption caused by the Hanjins bankruptcy, comment on the importance of supply chain re-engineering. Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and a standard deviation of 300. What is its stockout probability if Store A's order quantity is 800 units? Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 150 and a standard deviation of 60. What is its expected inventory if Store A's order quantity is 90 units? Bagullat Company provided the following account balances on December 31.2020: Accounts payable, P1.500,000; Bonds payable (due 2023). P2,200,000; Dividends payable, P800.000: Notes payable (due 2021), P2.000,000.What total amount of current liabilities should be reported?O P4,300,000O P5,100.000O P6,500,000O P7,800.000 The United Nations Sustainable Development Goals (SDGs) are a call for action by all countries - poor, rich and middle-income - to promote prosperity while protecting the planet. Briefly discuss at least 4 practical environmental sustainability activities that you can do with your class within your school environment (buildings and school grounds) towards achieving Goal 12- Ensure sustainable consumption and production patterns A blood test to measure cholesterol and triglycerides in the circulating blood is a(n): Suppose a perfectly competitive market is in equilibrium and demand for the product decreases O in the long-run some firms will exit and profit will eventually be positive. in the long-run some firms will enter and profit will eventually be zero. in the long-run some firms will enter and profit will eventually be positive. O in the long-run some firms will exit and profit will eventually be zero. These skills refer to the ability to identify relevant issues and recognize their importance, understand the relationships between them, and perceive the underlying causes of a situation a. Human relations skills b. Technical expertise c. Conceptual skills d. Analytical Skills Analyze the Case Study: A Canadian company had a business negotiation with a Korean company. The Canadian company would sell a kind of product to the Korean company. At the beginning of their negotiation, Korean negotiators blamed their counterpart that the quality of the product was not up to the standard agreed upon by both sides in advance and their reputation was doubtful. Korean company wanted to use this method to overwhelm their counterpart so that they could control the negotiation and force them to make large concessions in price etc. But Canadian negotiators were very unsatisfied with the Korean negotiators' blaming and insisted that their product was up to their country's standard. They pointed out that Korean negotiators blamed them without any evidence so they could not bear it at all. Before the Korean negotiators finished giving their opinions, Canadian negotiators began to retort them and treated Korean negotiators in the same way. Therefore, both sides had a very disputable talk. Questions: 1. In the negotiation, is there anything wrong from the viewpoint of the Canadian company? How about from the viewpoint of the Korean company? 2. What would be the result of the negotiation? Why? To what extent is selection a strategic elementwithin the recruitment process?500 words Light falls on a double slit with slit separation of 2.02 10^6 m, and the first bright fringe is seen at an angle of 16.5 relative to the central maximum. Find the wavelength of the light. While there has been a significant movement towards more online purchasing, it is still very common for consumers to buy from brick-and-mortar stores. As a result, firms must manage product movement through multiple channels at the same time. How do we describe the behavior of consumer who purchase product from multiple different distribution channels? (2 mark) The demand function for Florida Orange Juice follows: Q=20,000-10,000 PJ + 20,000 Ps + 2,000 1 + 500 T Where: Pj is average price of orange juice in dollars, expected value is $2.85. Ps is average price of canned soda in dollars, expected value is $1.45. I is the average income level in thousands of dollars, expected value is $56,000. T is the average daily high temperature in degrees, expected value is 84 degrees. 1. Derive the demand curve for orange juice. 2. Derive the inverse demand curve and total revenue function. 3. Maximize total revenue. Determine the quantity, price, and total revenue. Identify the following purposes of ethnographic film as distinctive to contemporary ethnographic film or characteristic of both classic and contemporary ethnographic film.Distinctive Purpose of Contemporary Ethnographic Filmto show local communities in global contextsto portray a web of relationships between humans, environments, and globalizationCharacteristic of Both Contemporary and Ethnographic Filmmastering available visual technologies for use in ethnographic researchto demonstrate how images can be useful for ethnographic analysis Jamie's credit card billing period ends on the 10th of every month. The grace period is 20 days. During what period of time will he receive free credit for a purchase made on July 20? A. 30 days B. 21 days C. 41 days D. 36 days XYZ uses variance analysis to evaluate manufacturing overhead in its table factory. Information for its May overhead is as follows:Budgeted output units........................................................... 14,000 tablesBudgeted fixed manufacturing overhead.............................. $22,400Budgeted variable manufacturing overhead......................... $3.00 per direct labour hourBudgeted direct labour hours................................................ 0.2 hours per tableFixed manufacturing costs incurred ..................................... $24,000Direct labour hours used ...................................................... 4,000 hoursVariable manufacturing costs incurred ................................. $11,000Actual units manufactured .................................................... 15,000 tablesRequired: See next page.Please calculate the following items:Answers:Variable manufacturing overhead spending variance.Variable manufacturing overhead efficiency variance.Fixed manufacturing overhead spending variance.Fixed manufacturing overhead production-volume variance.Total Under- or Over-Allocated Overhead (specify which). russell has many dogs in his backyard. which expression below represents the number of dogs he has in his backyard if there are n legs? 1) If the rational preferences of a consumer over bundles of (x, x) satisfies weak monotonicity, which of the bundles below is definitely worse than the bundle x = (5,5)? a) (2,6). b) (4,5). c) (5,1). d) None of the bundles above are definitely worse than x. Name the three forms of organization. Explain which one will you choose for your business and why? (Minimum 3 sentences needed for explanation). Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 2,500, consumption equals 7,000, and government purchases equal 3,000. What are private saving and public saving? Answers: 1,500 and -500, respectively 1,500 and 500, respectively 1,000 and -500, respectively 1,000 and 500, respectively