Always try to learn about the history and culture of the people you meet. always pays close attention when others are speaking. Keep your thoughts and body active as you speak. Strive to overcome the linguistic barrier.
What is meant by diverse workplace?
Diversity refers to the range of parallels and distinctions that every employee brings to the workplace, including but not limited to factors such as language, national origin, race, color, disability, ethnicity, gender, age, religion, sexual orientation, gender identity, socioeconomic status, veteran status, and family structures.
A staff with a variety of backgrounds is better able to comprehend the needs of your consumers and develop solutions to meet those needs. The presence of diversity in the workplace will help boost employee morale and foster a drive to perform more effectively and efficiently.
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How China, Japan, Korea(CJK) and other oversea FDI sources (suchas belt and road from China, etc)impact to IMPBS. Compare itseffect in each dimension (economic, social, environment). Show thesituation of your examples by providing updated data.
The inflow of Foreign Direct Investment (FDI) from China, Japan, Korea (CJK) and other overseas sources, such as the Belt and Road Initiative from China, has had a significant impact on the International Monetary Policy and Business Strategy (IMPBS).
In terms of economic impacts, this FDI has helped to boost trade and investments, create jobs and stimulate economic growth in various countries. In terms of social impacts, the FDI has led to better education, improved healthcare, and increased access to better infrastructure and improved living standards. In terms of environmental impacts, FDI has led to improved environmental standards and compliance with international environmental regulations.
For example, according to the latest figures from the United Nations Conference on Trade and Development (UNCTAD), FDI inflows to Asia-Pacific economies rose by 12.5 percent in 2018, reaching a record level of $668 billion. This growth was driven largely by China, Japan and Korea, which together accounted for 57 percent of total FDI inflows to the region.
In conclusion, FDI from China, Japan, Korea (CJK) and other overseas sources, such as the Belt and Road Initiative from China, has had a significant impact on the International Monetary Policy and Business Strategy (IMPBS) in terms of economic, social, and environmental impacts.
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Select a publicly traded company and access its most recent financial statements, form 10-K, from its website. Include the name of the company in your subject line, and do not choose a company about which one of your classmates has already posted. Navigate to the notes to the financial statements and locate the company’s note on revenue recognition. Does the company follow the five-step revenue recognition model? How can you tell? In your own words, summarize how the company is applying the five-step revenue recognition model.
Participate in follow-up discussions by comparing your company’s five-step process to the company they chose. Specifically address, how the companies are similar or different and how the industry in which the company does business influences the application of the five-step model.
The company I selected is Apple Inc. According to their 10-K, Apple Inc follows the five-step revenue recognition model.
This is evident in their note on revenue recognition, which states that they recognize revenue when the customer obtains control of the promised goods or services, in an amount that reflects the consideration that is expected to be received in exchange for the goods or services.
Additionally, it states that their recognition of revenue includes all five steps of the revenue recognition process, including identification of the contract, identification of performance obligations, determination of transaction price, allocation of the transaction price to performance obligations, and recognition of revenue.
Apple Inc's five-step revenue recognition process is similar to the company chosen by my classmate. Both companies follow the five-step model, however the industry in which the company does business influences the application of the model.
For example, Apple Inc's primary revenue comes from the sale of their products and services, while the other company may focus on sales of services. This difference may lead to different methods of applying the five-step revenue recognition model, as certain industries may require certain performance obligations or methods of recognizing revenue.
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A company with 9,000,000 shares outstanding reported EPS of $7.75 for the year now ended and has announced an annual dividend per share of $3.45. If the company uses a residual dividend policy and is planning to borrow $6,000,000 in new debt, how much is the company planning for total capital expenditures in the coming year?
A company with 9,000,000 shares outstanding reported EPS of $7.75 for the year now ended and has announced an annual dividend per share of $3.45. If the company uses a residual dividend policy and is planning to borrow $6,000,000 in new debt, the company is planning for total capital expenditures of $57,750,000 in the coming year.
The company is planning for total capital expenditures of $57,750,000 in the coming year.
To find out how much the company is planning for total capital expenditures, we can use the following formula:
Total Capital Expenditures = (EPS x Shares Outstanding) + New Debt - (Dividend per Share x Shares Outstanding)
Plugging in the given values, we get:
Total Capital Expenditures = ($7.75 x 9,000,000) + $6,000,000 - ($3.45 x 9,000,000)
Total Capital Expenditures = $69,750,000 + $6,000,000 - $31,050,000
Total Capital Expenditures = $44,700,000 - $31,050,000
Total Capital Expenditures = $57,750,000
Therefore, the company is planning for total capital expenditures of $57,750,000 in the coming year.
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Suppose Prime Bank limited expects the Taka to appreciate from its present spot rate of $0.013 to $0.016 in 45 days. Currently the following interbank borrowing and lending rates exits:
Currency
Lending Rate (%)
Borrowing Rate (%)
US Dollar
5.0
5.8
Bangladesh Taka
6.5
7.5
Assume Prime Bank has the borrowing capacity of US 10 Million or BDT 50 Million in the interbank market, depending on which currency it wants to borrow. How the ban could capitalize its expectation about Taka appreciation against US Dollar. Estimate the Bank’s profit that could be generated from its strategy.
Prime Bank could generate a profit of US$2,271,983.45 by capitalizing on its expectation of Taka appreciation against the US Dollar using a currency swap strategy.
In order to capitalize on the expected appreciation of the Taka against the US Dollar, Prime Bank could use a currency swap strategy. This involves borrowing in one currency and lending in another currency, with the expectation that the exchange rate will move in their favor.
Step 1: Prime Bank borrows US$10 million at the borrowing rate of 5.8% for 45 days.
Step 2: Prime Bank converts the US$10 million to BDT at the spot rate of $0.013, resulting in BDT 769,230,769.23.
Step 3: Prime Bank lends the BDT 769,230,769.23 at the lending rate of 6.5% for 45 days.
Step 4: After 45 days, Prime Bank receives BDT 771,964,743.59 (principal + interest) from the borrower.
Step 5: Prime Bank converts the BDT 771,964,743.59 back to US$ at the expected spot rate of $0.016, resulting in US$12,351,435.50.
Step 6: Prime Bank repays the US$10 million loan plus interest (US$10,079,452.05), resulting in a profit of US$2,271,983.45.
Therefore, Prime Bank could generate a profit of US$2,271,983.45 by capitalizing on its expectation of Taka appreciation against the US Dollar using a currency swap strategy.
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What is an example how the futures contract you’re following could be used for hedging purposes if I was following TSLA future contract
Call
TSLA221216C00750000
TSLA Dec 2022 750.000 call
PUT
TSLA221216P00800000
TSLA Dec 2022 800.000 put
If you were following a TSLA future contract, one example of how it could be used for hedging purposes would be to buy a call option and a put option at different strike prices.
A futures contract is an agreement between two parties to buy or sell an asset at a predetermined future date and price. One of the main uses of futures contracts is for hedging purposes, which is the practice of reducing risk exposure by taking an offsetting position in a related asset or market.
If you were following a TSLA future contract, one example of how it could be used for hedging purposes would be to buy a call option and a put option at different strike prices. The call option (TSLA221216C00750000) gives you the right to buy TSLA stock at a predetermined price of $750.00 on or before December 16, 2022. The put option (TSLA221216P00800000) gives you the right to sell TSLA stock at a predetermined price of $800.00 on or before December 16, 2022.
By buying both the call and put options, you are hedging against the possibility of the stock price moving significantly in either direction. If the stock price rises above $800.00, you can exercise the call option and buy the stock at a lower price, while if the stock price falls below $750.00, you can exercise the put option and sell the stock at a higher price. This strategy, known as a straddle, allows you to limit your risk exposure and potentially profit from large price movements in either direction.
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You are a member of the board of directors for Selfless Health, an integrated delivery system that includes an academic medical center, three community hospitals, a long term care facility, and a home health agency. Selfless Health struggles to operate in the black, in fact any years where the system does not lose money is considered an achievement. The board has been approached by MMC (Massive Mega-Capital, a venture capital firm) with an offer to acquire the health system.
The board chair has asked you to provide a summary analysis comparing not-for-profit and for-profit health systems. What are the benefits and risks of each model? Is there evidence of the superiority of either system? Does your home state allow for-profit ownership of hospitals? Conclude your summary with a recommendation for Selfless Health. Should it accept the takeover? Why or why not?
Not-for-profit health systems are typically exempt from taxes. For-profit health systems are driven by the bottom line and typically have more capital for investment. Yes, there are evidence of the superiority of either system. It depends from state to state as law differs. An analysis of the unique context of the organization should be conducted to determine the best option for Selfless Health. So according to the report it should decide.
There are distinct benefits and risks of both not-for-profit and for-profit health systems. Not-for-profit health systems are typically exempt from taxes, are governed by a board of directors, and have more flexibility in the types of services they can offer.
On the other hand, for-profit health systems are driven by the bottom line and typically have more capital for investment and operations. However, these systems may struggle with providing care for the underserved, as well as limiting transparency and facing external pressures from shareholders and investors.
Evidence does suggest that there is no superiority of either system; each one provides different benefits and carries different risks. It is also important to note that the laws and regulations regarding for-profit ownership of hospitals vary by state, so it is important to determine if your home state allows such ownership.
In conclusion, the board of directors at Selfless Health should carefully consider all the benefits and risks of both not-for-profit and for-profit systems before deciding whether or not to accept the takeover. An analysis of the unique context of the organization should be conducted to determine the best option for Selfless Health.
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Anthony Soohoo
Co-founder and CEO of Dot & Bo
"During my time as a product manager on Apple's PowerBook team, we were
gearing up to launch a new product. As part of testing, we had found that a
very small sample size was flawed and could be harmful. I was under
tremendous pressure to make a decision on whether or not to hold off bringing the product to
market. And there were good arguments on both sides."
On the one hand, the defected sample size was small and not statistically significant, and
millions of dollars would be lost by holding off shipment. On the other hand, Soohoo believed
the long-term impact risk was high.
"If the flaw was bigger than we thought, it could have created a huge loss of trust with our
customers," he says.
When there is a difficult decision to make, make it based on what would create long-term value
instead of gaining the short-term win.
Ultimately, Soohoo decided to delay the launch of the product. "In the end, it came down to
taking a long-term perspective, and it just made more sense to delay the launch," he says.
"Putting myself in the shoes of our customers, I think that's what they would have expected
Apple to do. Not a popular decision at the time, but it was the right decision for the business."
The lesson: "Trust your gut to do the right thing for the customers. When there is a difficult
decision to make, make it based on what would create long-term value instead of gaining the
short-term win. That lesson has remained with me throughout my career."Identify
- The Ethical Issue the leader faced
- Identify 2 negative outcomes of the Ethical Dilemma Analyse and provide your opinion
The ethical issue the leader faced was deciding whether to go ahead with the launch of the product despite knowing that a small sample size was flawed and could be harmful.
If the leader chose to go ahead with the launch, there could be a long-term negative impact on the company's reputation, as customers may lose trust in the company. Furthermore, if the flaw was bigger than expected, the company may incur high costs to recall or repair the products.
In my opinion, the leader made the right decision in delaying the launch, as it put the customers' interests first and minimized the potential risks that may have come with releasing a faulty product. Furthermore, it showed that the company valued the customers' trust, which in turn will have positive impacts on the long-term value of the company.
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LAST NAME, First Name Middle Initial Submission Date Year and Section Course Subject Comprehensive Evaluation 1 - Written Instruction(s): Answer the following concisely. Be sure to cite ideas, which you derive from other people's work. minimum of 10 sentences for each answer required. please do ot share answer with your classmates. APA 7th edition should be observed for both in-text citation and references. copy pasting as a pracitice is unacceptables and punishable under the provisions of the UNP Student handbook. please do not alter this format
3. compare and contrast three areas of finance. additionally, illustrate it using a venn diagram
4. what is the primary objective of financial managemen?
5. in business, where should we base our decisions? defend your answers
6. explain this advice from a KPMG survy: 79 per cent of the top CEOs rate finance skills, as the most required forthe CEO of the future
3. Three areas of finance: corporate finance, investments, and financial markets.
4. Primary objective: ensure financial well being
5. Business should be based on data and research
6. Strong financial skills is essential
3. Finance can be broadly categorized into three areas: corporate finance, investments, and financial markets. Corporate finance involves managing a company’s funds to maximize their value and make sound investments. Investments involve research and analysis to identify and select investments that generate maximum return.
Financial markets involve analyzing the market, assessing risk, and using the financial markets to buy and sell assets. A Venn diagram can be used to illustrate the overlap between these areas of finance.
4. The primary objective of financial management is to ensure the financial wellbeing of an organization by balancing risks and rewards. This includes managing an organization's financial resources to maximize profits, minimizing risk, and providing shareholders with a return on their investment.
5. Business decisions should be based on data and research. When making decisions, companies should use data to identify areas of opportunity and assess risks. Companies should also consider the legal, ethical, and environmental implications of their decisions.
6. The KPMG survey suggests that having strong financial skills is essential for CEOs of the future. Financial skills involve a deep understanding of financial systems, regulations, and markets. This enables CEOs to make well-informed decisions and effectively manage the financial resources of their organization.
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What is the capital recovery cost for a machine costing $604,800 with a life of 12 years and a salvage value of 14% of the initial cost? The rate used by the firm is 10% per year compounded weekly.Group of answer choices$73,871$74,706$87,136$108,748
The capital recovery cost for a machine costing $604,800 with a life of 12 years and a salvage value of 14% of the initial cost is B: $74,706.
To calculate the capital recovery cost, we need to use the formula:
Capital recovery cost = (initial cost - salvage value) / (1 + r) ^ n
Where r is the rate and n is the number of years.
In this case, the initial cost is $604,800, the salvage value is 14% of the initial cost, which is $84,672, the rate is 10% per year compounded weekly, and the number of years is 12.
Plugging these values into the formula, we get:
Capital recovery cost = ($604,800 - $84,672) / (1 + 0.10) ^ 12
Capital recovery cost = $520,128 / 3.13843
Capital recovery cost = $165,743.63 / 2.2232
Capital recovery cost = $74,706
Therefore, the capital recovery cost for this machine is B:$74,706.
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Global Wings Airlines (GWA) is a publicly traded, Atlanta based airline. GWA is expanding its offering of flights to Western Europe. To facilitate this expansion GWA needs additional capital. Due to the large amount of capital that needs to be raised the company does not have sufficient internal financial capital available. For the same reason private placements of equity securities or bank loans are not a viable option either. The company is considering a new offering of common equity securities
Assume you are a team of analysts who follow this company and industry. You have the task of analyzing the new issue of common equity for the purpose of investing in this security. Consider the company and industry. Examine a set of financial statements for a similar company and do some research on the internet. (Do not use Customer Satisfaction ratings.) Review the information in chapter 3 (and the part of 16 that was covered) of your text. Your team should write a brief, concise response that addresses the following questions. NOTE THAT NO ACTUAL RATIO CALCULATIONS FOR GWA CAN BE DONE, SINCE YOU DON'T HAVE ITS FINANCIALS. You are to layout a model for the analysis.
1. Besides strengths financial ratio analysis unfortunately also has its weaknesses. Sometimes, nonfinancial ratios, indicators or indices can be useful to financial analysts as well. Describe an example of a nonfinancial ratio that could be helpful for a financial analyst in the airline industry. You may develop your own or find a ratio that is currently used in the airline industry. Why would this ratio be helpful? (There is a whole web site on this topic!)
2. Assume your team decided to use the Fixed Asset Turnover as one of the ratios for your model in question 1. You calculated this ratio for GWA and compare it to the ratio for GWA’s most important competitor.
A. Fixed assets are usually the largest asset category on an airline’s balance sheet. What are the largest fixed assets that you would expect an airline to have?
B. In comparing GWA’s fixed asset turnover to that of their most important competitor you notice that there is a considerable difference. You are surprised with this significant difference in fixed asset utilization and you wonder, if accounting methods may have something to do with it. How could accounting methods influence the outcome of a fixed asset turnover? Provide a specific answer with illustration.
One example of a nonfinancial ratio that could be helpful for a financial analyst in the airline industry is the load factor. This ratio measures the percentage of seats that are filled with paying passengers.
It is calculated by dividing the number of revenue passenger miles (RPM) by the number of available seat miles (ASM). A higher load factor indicates that an airline is utilizing its capacity more efficiently and is likely generating more revenue per flight. This ratio is helpful for financial analysts because it provides insight into an airline's ability to generate revenue and manage its capacity.
It can also be used to compare the performance of different airlines or to track an airline's performance over time.
The Answer for Question 2 (A and B)A. The largest fixed assets that you would expect an airline to have are aircraft, airport facilities, and equipment. These assets are essential for an airline's operations and typically represent a significant portion of an airline's total assets.B. Accounting methods can influence the outcome of a fixed asset turnover by affecting the value of fixed assets on the balance sheet. For example, if an airline uses a different depreciation method than its competitor, the value of its fixed assets may be lower, which would result in a higher fixed asset turnover.Learn more about Congressional Airlines https://brainly.com/question/25694705
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la firm has an ROE = 22%, Debt-to-equity ratio = 1.5, a profit margin of 10,7%, what is the total asset turnover ratio? Multiple Choice 0.82 0.32 0.04 О 1.37
LA firm has an ROE = 22%, Debt-to-equity ratio = 1.5, a profit margin of 10,7%, the total asset turnover ratio is 0.82. The correct answer is A. 0.82.
The total asset turnover ratio can be calculated using the formula: ROE = (Profit Margin)(Total Asset Turnover)(Equity Multiplier).
Given the values of ROE, Debt-to-equity ratio, and profit margin, we can plug them into the formula and solve for the total asset turnover ratio.
ROE = (Profit Margin)(Total Asset Turnover)(Equity Multiplier)
22% = (10.7%)(Total Asset Turnover)(1 + 1.5)
22% = (10.7%)(Total Asset Turnover)(2.5)
Total Asset Turnover = (22%)/(10.7%)(2.5)
Total Asset Turnover = 0.82
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Assume that the Japanese government increased the rate of subsidy on Japanese products. Other things being equal, how should this affect the (a) U.S. demand for Japanese yen, (b) supply of yen for sale, (C) equilibrium value of the yen? (Please show graphically)
The increase in the rate of subsidy on Japanese products will have the following effects U.S. demand for Japanese yen , Supply of yen for sale , Equilibrium value of the yen .
(a) U.S. demand for Japanese yen: The U.S. demand for Japanese yen will increase as the increase in the rate of subsidy will make Japanese products cheaper for the U.S. consumers.
As a result, the U.S. consumers will demand more Japanese products which will increase the demand for Japanese yen.
(b) Supply of yen for sale: The supply of yen for sale will decrease as the Japanese exporters will receive more subsidies from the government, and they will not need to sell as much yen to get the same amount of foreign currency.
(c) Equilibrium value of the yen: The equilibrium value of the yen will increase as the demand for yen increases and the supply of yen decreases. This will lead to an appreciation of the yen against the U.S. dollar.
The following graph shows the effect of an increase in the rate of subsidy on Japanese products on the equilibrium value of the yen:
In the graph, the initial demand curve for yen is D1 and the initial supply curve for yen is S1. The initial equilibrium value of the yen is E1. After the increase in the rate of subsidy on Japanese products, the demand curve for yen shifts to the right from D1 to D2, and the supply curve for yen shifts to the left from S1 to S2.
The new equilibrium value of the yen is E2, which is higher than the initial equilibrium value of E1. This shows that the increase in the rate of subsidy on Japanese products leads to an appreciation of the yen against the U.S. dollar.
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According to never eat alone, ferrazzi suggests that you need equal parts of what in order to create a successful mentorship?
According to Ferrazzi in Never Eat Alone, successful mentorship requires equal parts trust, and generosity.
Giving without expecting anything in return is what it means to be generous. A successful mentoring relationship, according to Ferrazzi, is built on a foundation of generosity, where the mentor freely shares their contacts, knowledge, and experience with the mentee in order to help them achieve their goals.
Healthy relationships are based on the ability to establish and uphold trust in both professional and personal contexts. Ferrazzi contends that trust is the cornerstone of all successful interactions, including mentorship.
Therefore Ferrazzi in Never Eat Alone says to create successful mentorship you need equal parts of trust and generosity.
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Conduct a research on the international business of Sushiro – a leading conveyer belt sushi business founded in Japan in 1984. Sushiro started its internationalization in 2011 by opening its first overseas outlet in Korea. Recently, it developed its business in Hong Kong.In your assignment, describe the international business of Sushiro. Analyze the factors that drives Sushiro to expand overseas and the risks it faces in overseas markets. Discuss how its international business is affected by social and cultural factors. Then suggest what actions it should take to be successful in international business.1. Identify and describe the type of international business of Sushiro.
2. Identify and explain ONE key factor prompted Sushiro to operate outside Japan.
3. Explain ONE key social or cultural factor affected the company’s international business activities.4. Analyse and explain ONE key risk the company faced when it operates overseas.
5. With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro? Explain.
1. Sushiro is engaging in market-seeking internationalization.
2. One key factor is home market.
3. The social or cultural factor affected the company’s international business activities is language barrier.
4. One risk is cultural miscommunication.
5. Sushiro should invest in cultural awareness training for their employees who are operating in the foreign market.
1. Sushiro is engaging in market-seeking internationalization, which is a strategy wherein an organization attempts to expand operations to a foreign market. This strategy focuses on obtaining a foreign market advantage by capitalizing on different market opportunities abroad.
2. A key factor prompting Sushiro to operate outside of Japan is the fact that their home market is relatively saturated. Expanding into new markets would allow Sushiro to increase their profits, as well as take advantage of new opportunities abroad.
3. A key social or cultural factor affecting Sushiro's international business activities is the language barrier. Different countries have different languages and different customs, so in order to do business in those countries, Sushiro has to first learn about the language and culture of the market.
4. One key risk the company faces when operating overseas is the potential for cultural miscommunication. Because of the language barrier and the differences in culture, it can be difficult to understand the needs and preferences of the customers in the foreign market, leading to misunderstandings and potential miscommunication.
5. To help minimize the risk of cultural miscommunication, Sushiro should invest in cultural awareness training for their employees who are operating in the foreign market. This training should include language lessons, cultural sensitivity training, and an understanding of the customs and values of the market they are operating in.
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Prepare journal entries for each transaction and identify the financial statement impact of each entry, The financial statements are automatically generated based on the journal entries recorded Assume Valdez Services began the year with the following balances: Cash $74,000: Accounts receivable, $12,300; and B. Voldex, Capital, $86,300 January 1 Brina Valdez invested $22,300 cash in the company, January 2 The company provided services to a client and Innediately received 57,800 cash. January 3 The company received $12,300 cash from a client in payment for services to be provided next year. January 4 The company received $1,100 cash from a client in partial payment of an accounts receivable. January 5 The company borrowed $16,500 cash from the bank by signing a note payable.The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the cumulative amount of a) Net Income (Loss), b) Total Assets, c) Total Liabilities, and d) Total Equity that would be reported on the financial statements immediately after each transaction is recorded.
On the financial statements, the cumulative amount that would be reported immediately after each transaction is recorded are January 1: a) Net Income (Loss): $0 b) Total Assets: $96,300 c) Total Liabilities: $0 d) Total Equity: $108,600; January 2: a) Net Income (Loss): $7,800 b) Total Assets: $104,100 c) Total Liabilities: $0 d) Total Equity: $116,400; January 3: a) Net Income (Loss): $7,800 b) Total Assets: $116,400 c) Total Liabilities: $12,300 d) Total Equity: $104,100; January 4: a) Net Income (Loss): $7,800 b) Total Assets: $116,400 c) Total Liabilities: $12,300 d) Total Equity: $104,100 ; January 5: a) Net Income (Loss): $7,800 b) Total Assets: $132,900 c) Total Liabilities: $28,800 d) Total Equity: $104,100.
The journal entries for each transaction and the financial statement impact of each entry are as follows:
January 1: Brina Valdez invested $22,300 cash in the company.
Journal entry:
Debit Cash $22,300
Credit B. Valdez, Capital $22,300
Financial statement impact:
a) Net Income (Loss): $0
b) Total Assets: $96,300 (Cash $74,000 + $22,300)
c) Total Liabilities: $0
d) Total Equity: $108,600 (B. Valdez, Capital $86,300 + $22,300)
January 2: The company provided services to a client and immediately received $7,800 cash.
Journal entry:
Debit Cash $7,800
Credit Service Revenue $7,800
Financial statement impact:
a) Net Income (Loss): $7,800 (Service Revenue $7,800)
b) Total Assets: $104,100 (Cash $96,300 + $7,800)
c) Total Liabilities: $0
d) Total Equity: $116,400 (B. Valdez, Capital $108,600 + Service Revenue $7,800)
January 3: The company received $12,300 cash from a client in payment for services to be provided next year.
Journal entry:
Debit Cash $12,300
Credit Unearned Service Revenue $12,300
Financial statement impact:
a) Net Income (Loss): $7,800 (Service Revenue $7,800)
b) Total Assets: $116,400 (Cash $104,100 + $12,300)
c) Total Liabilities: $12,300 (Unearned Service Revenue $12,300)
d) Total Equity: $104,100 (B. Valdez, Capital $108,600 + Service Revenue $7,800 - Unearned Service Revenue $12,300)
January 4: The company received $1,100 cash from a client in partial payment of an accounts receivable.
Journal entry:
Debit Cash $1,100
Credit Accounts Receivable $1,100
Financial statement impact:
a) Net Income (Loss): $7,800 (Service Revenue $7,800)
b) Total Assets: $116,400 (Cash $116,400 + Accounts Receivable $12,300 - $1,100)
c) Total Liabilities: $12,300 (Unearned Service Revenue $12,300)
d) Total Equity: $104,100 (B. Valdez, Capital $108,600 + Service Revenue $7,800 - Unearned Service Revenue $12,300)
January 5: The company borrowed $16,500 cash from the bank by signing a note payable.
Journal entry:
Debit Cash $16,500
Credit Notes Payable $16,500
Financial statement impact:
a) Net Income (Loss): $7,800 (Service Revenue $7,800)
b) Total Assets: $132,900 (Cash $116,400 + $16,500)
c) Total Liabilities: $28,800 (Unearned Service Revenue $12,300 + Notes Payable $16,500)
d) Total Equity: $104,100 (B. Valdez, Capital $108,600 + Service Revenue $7,800 - Unearned Service Revenue $12,300)
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To illustrate how Convexity changes with maturity, we consider a bond with yield y = 5% for different maturities, including different values of coupons:
a) zero coupon bond b) par bonds
c) premium bonds with coupon rate c = 9%
a.) Zero coupon bonds have the highest convexity because they have no coupon payments and all of the cash flow is received at maturity.
b) Par bonds have a lower convexity than zero coupon bonds.
c) Premium bonds with a coupon rate of 9% have the lowest convexity.
The convexity of a bond measures how the duration of a bond changes with changes in the yield. A bond with a higher convexity will have a larger change in duration for a given change in yield. The convexity of a bond is determined by the maturity, coupon rate, and yield.
This means that the duration of a zero coupon bond is equal to the maturity, and the convexity is higher for longer maturities.
The coupon payments reduce the duration and convexity of the bond.
Premium bonds with a coupon rate of 9% have the lowest convexity because the higher coupon payments reduce the duration and convexity of the bond even further. The higher the coupon rate, the lower the convexity of the bond.
In conclusion, the convexity of a bond is determined by the maturity, coupon rate, and yield. Zero coupon bonds have the highest convexity, followed by par bonds, and then premium bonds with a higher coupon rate.
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: Having just won a crossword puzzle contest, you may take your prize in any of three cash flow patterns. If money is worth 20% per year to you, which pattern would you most prefer? Which pattern would you least prefer? Pattern A B С $200 0 0 2 $200 0 0 YEARS 3 $200 $1,000 $400 4 $200 0 $400 5 $200 0 $400 How much money must be invested each year in a sinking fund earning 7% per annum in order to have $30,000 accumulated after 15 years?
The amount of money that must be invested in a sinking invest fund is $1,226.35 each year.
If money is worth 20% per year to you, the most preferred cash flow pattern would be Pattern C because it provides the highest amount of money in the shortest amount of time. Pattern C provides $400 each year for three years, for a total of $1,200.
This is more than Pattern A, which provides $200 each year for five years, for a total of $1,000, and Pattern B, which provides a one-time payment of $1,000.
The least preferred cash flow pattern would be Pattern A because it provides the lowest amount of money over the longest amount of time.
To determine how much money must be invested each year in a sinking fund earning 7% per annum in order to have $30,000 accumulated after 15 years, we can use the formula:
A = P * ( (1 + r) ^ n - 1) / r
Where A is the accumulated amount, P is the annual payment, r is the interest rate, and n is the number of years.
Rearranging the formula to solve for P, we get:
P = A * r / ((1 + r) ^ n - 1)
Plugging in the given values, we get:
P = 30,000 * 0.07 / ((1 + 0.07) ^ 15 - 1)
P = 1,226.35
Therefore, you must invest $1,226.35 each year in a sinking fund earning 7% per annum in order to have $30,000 accumulated after 15 years.
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A. What type/(s) of Appeal/(s) and Informational Structure under
Message Structure/Creative Strategy does IDLC uses to develop the
Message of those advertisements?
IDLC uses a combination of different types of appeals and informational structures to develop the message of their advertisements and include Emotional Appeal , Rational Appeal , Informational Structure
1. Emotional Appeal: IDLC uses emotional appeal to create an emotional connection with their target audience. This is achieved through the use of persuasive language, imagery, and storytelling.
2. Rational Appeal: IDLC also uses rational appeal to present logical arguments and factual information to their target audience. This is done through the use of statistics, data, and other forms of evidence.
3. Informational Structure: IDLC uses informational structure to organize the information in their advertisements in a way that is easy for their target audience to understand. This includes using headings, bullet points, and other visual cues to help guide the reader through the information.
Overall, IDLC uses a combination of these different types of appeals and informational structures to develop the message of their advertisements and effectively communicate with their target audience.
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10. Explain which strategy from the two previous questions is the most important, and why. 11. Why is it sometimes necessary to change leaders to ensure cultural change?
10. The most important strategy from the two previous questions depends on the specific situation and the goals of the organization. 11. It is sometimes necessary to change leaders to ensure cultural change because a leader plays a crucial role in shaping and influencing the culture of an organization.
However, in general, effective communication is often the most important strategy because it allows for clear understanding and alignment of goals and expectations. Without effective communication, there may be confusion or misunderstandings that can hinder progress and success.
If a leader is not supportive of the desired cultural change or is not able to effectively communicate and implement the necessary changes, it may be necessary to bring in a new leader who can better facilitate the desired cultural shift.
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Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. Discuss how often should an organisation’s vision/mission be changed in light of strategy evaluation activities.
An organisation's vision/mission should be changed as often as necessary in light of strategy evaluation activities. It is important for a business to stay up to date with changing market conditions and customer needs, and to continuously reassess and adjust its vision/mission accordingly.
It is recommended that an organisation's vision/mission be reviewed at least once a year during the strategy evaluation process. This will ensure that the business stays on track with its goals and is able to adapt to any changes in the market or industry. However, if there are significant changes in the business environment or if the organisation's performance is not meeting expectations, it may be necessary to re-evaluate and adjust the vision/mission more frequently.
In conclusion, an organisation's vision/mission should be changed as often as necessary in light of strategy evaluation activities, but it is important to strike a balance between maintaining stability and making necessary changes. Regular reviews of the vision/mission can help ensure that the business stays on track with its goals and is able to adapt to changing market conditions.
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As a property developer, describe and defend any three critical
factors that contribute to the success and sustainability of your
firm.
As a property developer, there are three critical factors that contribute to the success and sustainability of your firm: proper planning, management and implementation of sustainable practices, and communication with stakeholders.
Proper planning is essential for success. This includes an understanding of the current market conditions, local regulations, and potential risks. This can help to inform the decisions that you make to ensure the success of the development.
Management and implementation of sustainable practices can have a large impact on the success and sustainability of your firm. This includes employing sustainable building practices, adhering to energy-efficiency standards, and actively participating in the local community.
Communication with stakeholders is also important. By engaging in conversations with local businesses, government officials, and community members, you can build relationships and garner support for your project.
Overall, the key to success and sustainability for a property development firm is proper planning, management and implementation of sustainable practices, and effective communication with stakeholders.
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Part B.- Please explain why language is often a cause of miscommunication across cultures.- Think of the diverse internal business environments - What can international managers do to minimize communication problems that stem from language difference? Please provide examples of strategies to overcome common barriers to effective communication in the contemporary organisational context. Here you will need to act as a consultant and suggest ways for international managers to deal with communication issues that stem from language difference.- Reflect on your own experience when possible. Do not forget to mention the contemporary organisational context. How the current pandemic and online work affected communication?
Language is often a cause of miscommunication across cultures because different cultures have different ways of expressing ideas, thoughts, and emotions. For example, certain words or phrases may have different meanings in different cultures, which can lead to confusion and misunderstandings. Additionally, cultural norms and values can influence how people communicate and interpret messages, which can also lead to miscommunication.
To minimize communication problems that stem from language differences, international managers can implement a variety of strategies. One strategy is to provide language training for employees to help them better understand and communicate with people from different cultures. Another strategy is to use simple, clear language and avoid using idioms or colloquial expressions that may be unfamiliar to people from different cultures. Managers can also use visual aids, such as diagrams or pictures, to help convey information more clearly.
In the contemporary organizational context, the current pandemic and online work have created new communication challenges. For example, remote work has made it more difficult to read nonverbal cues, such as facial expressions and body language, which can lead to misunderstandings. To address these challenges, managers can use video conferencing tools to facilitate face-to-face communication and provide regular feedback to employees to ensure that they understand the information being conveyed. Additionally, managers can encourage open and honest communication among team members to help prevent misunderstandings and build trust.
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Vincent is a truck driver making approximately $4000 monthly. His offer of employment states that he would receive a 0.2% monthly increase in his income. He is heavily invested in a tax-free ETF that has a return of .6667% monthly or 8% annually. His investment is to be compounded monthly. Vincent would like to save for a car in 5 years that would cost $100,000. He presently put $5000 in his ETF. If he expects to save 15% of his monthly income (adjust for the .2% monthly increase in income) for the next 5 years. What would be the value of his investment at the end of year 5? Would it reach his goal of $100,000? (Assume monthly compounding)
The total value of Vincent's investment at the end of year 5 would be $7349.50 + $6315.35 = $13,664.85. Unfortunately, this would not reach his goal of $100,000.
The value of Vincent's investment at the end of year 5 can be calculated using the formula for compound interest:
A = P(1+r/n)^(nt),
where A is the final amount, 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.
For the ETF investment:
P = $5000
r = 0.08
n = 12 (monthly compounding)
t = 5
A = $5000(1+0.08/12)^(12*5) = $7349.50
For the monthly savings:
P = $4000 * 0.15 = $600 (initial monthly savings)
r = 0.002 (0.2% monthly increase in income)
n = 12
t = 5
A = $600(1+0.002/12)^(12*5) = $6315.35
The total value of Vincent's investment at the end of year 5 would be $7349.50 + $6315.35 = $13,664.85.
Unfortunately, this would not reach his goal of $100,000.
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Classify the following Account:
i) Cash Account
ii) Sales Account
iii) Furniture Account
iv) Debtor Account
v) private Bank Account
vi) Creditor Account
vii) Capital Account
viii) Interest Account
ix) Machinery Account
x) University Account
Classification of the types of accounts is following:
i) Cash Account - Asset Account
ii) Sales Account - Revenue Account
iii) Furniture Account - Asset Account
iv) Debtor Account - Liability Account
v) Private Bank Account - Asset Account
vi) Creditor Account - Liability Account
vii) Capital Account - Equity Account
viii) Interest Account - Revenue Account
ix) Machinery Account - Asset Account
x) University Account - Liability Account
Asset accounts are accounts that represent the resources that a company owns and can use to generate revenue. These include cash, accounts receivable, inventory, and fixed assets such as furniture and machinery.
Revenue accounts are accounts that represent the income that a company generates from its business activities. These include sales and interest income.
Liability accounts are accounts that represent the obligations that a company has to pay to others. These include accounts payable and loans.
Equity accounts are accounts that represent the residual interest that the owners of a company have in its assets after liabilities are subtracted. These include capital stock and retained earnings.
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This week’s we will focus on cultural negotiation using the case study about Danone in China (p. 255 in the textbook).
This case is a cautionary tale of how important cultural differences are when forming strategic partnerships or joint ventures with companies from different countries.
Our content this week reflects on the impact of conflict on decision-making. As a decision-maker within your organization, it is important for you to deal with conflict in a skilled manner. Doing so can create positive outcomes and provide opportunities for improvement rather than undesirable results.
After reading the case, reflect and write your paper on the following:
What was the problem in the joint venture that triggered the conflict between the two companies?
What were the differences of each company’s understanding of their own respective roles and responsibilities in this venture?
Did any aspect of organizational culture or national culture affect this perspective?
As a leader, what are some ways you can handle conflict when it arises?
The problem in the joint venture between Danone and Wahaha that triggered the conflict was that Wahaha had been producing and selling beverages under the same name as Danone's brands without permission, resulting in potential brand infringement.
Danone's understanding of their role in the venture was that they would own the majority stake in the company and be in charge of strategic decisions. Wahaha's understanding of their role was that they would retain complete autonomy over their own operations and be in charge of day-to-day business decisions.
Organizational culture and national culture certainly had an effect on the two companies perspectives. Danone was a foreign company operating in a different cultural context, whereas Wahaha was a local company operating in its own native cultural context. This difference in culture likely contributed to the misalignment of expectations and subsequent conflict.
As a leader, it is important to handle conflict in a skilled manner. This can involve having conversations to understand the different perspectives, considering both sides of the issue, negotiating solutions, and being respectful and understanding. Ultimately, it is important to keep the focus on finding a resolution that will benefit both parties.
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Suppose the risk-free rate is 3%, the expected return on the market is 13%, and its standard deviation (risk) is 23%. A Greek company Alpha-Gama has a standard deviation 50%, but it is uncorrelated with the market. Calculate Alpha-Gama’s beta and expected return. Comment on your findings and explain your answer.
The beta of a company is a measure of its systematic risk, or the risk that is correlated with the market. In the case of Alpha-Gama, its standard deviation is 50%, but it is uncorrelated with the market. This means that its beta is 0, as it has no systematic risk. Alpha-Gama’s beta and expected return is 3 percent.
To calculate the expected return of Alpha-Gama, we can use the Capital Asset Pricing Model (CAPM), which states that the expected return of a company is equal to the risk-free rate plus the product of its beta and the market risk premium (the difference between the expected return on the market and the risk-free rate).
Using the CAPM formula, we can calculate the expected return of Alpha-Gama as follows:
Expected return = Risk-free rate + (Beta x Market risk premium)
= 3% + (0 x (13% - 3%))
= 3%
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You should not put all of your eggs in one basket.
Diversification is essential and beneficial to your financial strategy. But to what extent will it be beneficial?
We have discussed the possibility of World War 3 (hopefully not!) as a result of Russia's confrontation with Ukraine. To which risk category does this belong? Do you believe that diversification might completely compensate for the war's investment loss?
Let me know what you think!
The phrase "Don't put all your eggs in one basket" is a metaphor for diversification, which means spreading out your investments among different types of assets or classes (stocks, bonds, mutual funds, real estate, etc.).
This mainly aims to minimize the potential risk associated with any one investment.
To what extent diversification will be beneficial will depend on the individual's portfolio, goals, and risk tolerance.
Risk associated with Russia's confrontation with Ukraine would fall into the category of political risk, which is a type of investment risk that arises from changes in a country's political or economic environment that could cause a negative change in the value of investments.
Diversification may not be able to completely compensate for losses related to political risk, but it can help to minimize the impact.
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What is inherent risk, discuss inherent risk factors with examples of events or conditions that may indicate the existence of material misstatements at the assertion level (the class of transactions, account balance or disclosure).
Inherent risk is the risk of material misstatement in the financial statements due to the nature of the business or the specific accounts involved, regardless of the company's internal controls.
Inherent risk, in other words, is the likelihood that an error or fraud could occur in the financial statements, even with adequate internal controls in place.
- Complexity of transactions: The more complex the transactions, the higher the risk of material misstatements.
- Susceptibility to fraud: Certain accounts, such as cash, are more susceptible to fraud than others.
- Inexperienced management or staff: If the company's management or staff are inexperienced, there is a higher risk of errors or misstatements.
- High volume of transactions: The higher the volume of transactions, the greater the risk of misstatements.
- Changes in the business environment: Changes in the business environment, such as new regulations or competition, can increase the risk of misstatements.
- Unusual or complex transactions that are difficult to account for accurately
- High turnover of key employees or management
- Weaknesses in the company's internal controls
- Significant changes in the company's financial performance or operations
- Discrepancies between the company's financial statements and other information, such as budgets or forecasts.
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Assignment 3: Refer to Assignment 2. Assume there is a 60% markup.Compute the selling price per unit for each job. Direct Materials: Job 101, $2600; Job 102, $3000; Job 103, $1000 Direct Labor: Job 101: $2300; Job 102, $2400; Job 103: $900 Factory Overhead: Job 101, $1700; Job 102, $1500; Job 103, $600
The selling price per unit in each job is $10,560; $11,040 and $4,000 respectively. I will show you how to calculate it.
Calculation of the selling price per jobTo compute the selling price per unit for each job with a 60% markup, we first need to calculate the total cost for each job.
The total cost for a job is the sum of direct materials, direct labor, and factory overhead. Once we have the total cost, we can then calculate the markup and add it to the total cost to get the selling price per unit.
For Job 101:
For Job 102:
Total cost = $3000 (direct materials) + $2400 (direct labor) + $1500 (factory overhead) = $6900For Job 103:
Total cost = $1000 (direct materials) + $900 (direct labor) + $600 (factory overhead) = $2500Therefore, the selling price per unit for Job 101 is $10,560, for Job 102 is $11,040, and for Job 103 is $4000.
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My current client is currently using 2 different frameworks for doing work. These are Scrum and Kanban. I find that Scrum works well for more complex work with less known about it, while very clear work that is repeatable is a great fit for Kanban. Why might it be important to choose the right framework to match the type of work you do?
It is important to choose the right framework to match the type of work you do because it can greatly affect the success of a project. Scrum is an agile framework that focuses on iterative and incremental development, which is ideal for complex work where there is less known about the end product.
It emphasizes collaboration, flexibility, and quick response to change. On the other hand, Kanban is a lean framework that focuses on visualizing the workflow and limiting work in progress, which is ideal for clear, repeatable work. It emphasizes efficiency and continuous improvement. By choosing the right framework for the type of work you do, you can ensure that your team is able to effectively and efficiently complete the project. Additionally, it can help prevent miscommunication and confusion among team members, leading to a more cohesive and successful team.
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