1. Suppose you are working as a portfolio manager for Goldman Sacks and advising Johnson & Johnson, a U.S. Pharmaceutical company, that expects to receive a payment of 500 million Japanese yen in 180 days for goods exported to Japan. The current spot exchange rate is 100 yen per U.S. dollar (e _yen/$=100, or e _$/yen =0.01). You are concerned that due to recent events in Japan, the U.S. dollar is expected to appreciate against the yen over the next 6 months.
   1. Assuming the spot exchange rate remains unchanged, how much does the U.S. company, Johnson & Johnson, expects to receive in U.S. dollar?
   2. How much would Johnson & Johnson receive (in U.S. dollars) if the dollar appreciated to 110 yen per U.S. dollar (e _yen/$=110, or e _$/yen =0.009091)? Compute.
   3. Describe how you could use the forward market to hedge against the risk of losses associated with the potential appreciation in the U.S. dollar.  Explain the steps.

Martin, the director of HR at Austin Designs, is meeting with the career development team. The firm's CEO has decided that the company needs to invest the time and effort into improving the direction and development phases of the current career development program; however, development funds are limited. The CEO and most of the executive management team are self-made professionals who believe strongly in individual responsibility. The organizational structure of Austin Designs is very flat. The company has a wide variety of jobs but few levels of high responsibility. Feedback from employees suggests that they don't know when promotional opportunities are available. 1. Answer the following questions: A. What would be best directional tool for addressing the employees' complaint? Justify your answer.

On January 1, 2019, Company X has an asset with a cost of $300,000 and accumulated

depreciation of $120,000. Estimated future cash inflows are $150,000 and the fair value

is $125,000. There is a 5-year remaining life and the company uses straight-line

depreciation. The asset will continue to be used in operations. At the beginning of

2020, Company X determines the fair value of the asset to be $160,000. Prepare entries

for 2019 and 2020.

IFRS: Assume the same facts except that Company X uses IFRS. Prepare the necessary

journal entries for 2019 and 2020.

Whirlybird, Inc. offers helicopter tours and transportation in major cities around the world. The company is considering a stock repurchase in the upcoming quarter. As the Chief Financial Officer (CFO), you understand there are several methods to reduce quarterly earnings, which could reduce stock price prior to the announcement of the proposed stock repurchase.

• What course of action do you recommend to the Chief Executive Officer (CEO) of Whirlybird?
• If the CEO approached you recommending a reduction in current quarter earnings, how would you respond?

Whirlybird, Inc. offers helicopter tours and transportation in major cities around the world. The company is considering a stock repurchase in the upcoming quarter. As the Chief Financial Officer (CFO), you understand there are several methods to reduce quarterly earnings, which could reduce stock price prior to the announcement of the proposed stock repurchase.

A. What course of action do you recommend to the Chief Executive Officer (CEO) of Whirlybird?

B. If the CEO approached you recommending a reduction in current quarter earnings, how would you respond?

The CEO was very impressed with your recommendations. He agreed that there should be some consolidation with respect to HR functions. He has asked you to stay on with the company and form an HR department. He is asking first though, for a proposal from you that describes how you would structure the dept, the issues that you would consider when designing the department and anything else that might be relevant to the design and purpose of the department.

Please prepare a short proposal for the CEO. (10 points) ASAP please .This from human resource managment

1. Fred, an American businessman based in the U.S., imports fruit from Malaysia. He reads that the U.S. Federal Reserve Bank will raise interest rates two weeks from now. Based on the relationship between interest rates and currency values, is Fred better off importing as much fruit from Malaysia now or should he wait until the U.S. Fed actually raises interest rates before he imports more fruit from Malaysia? Explain your answer.

2. MXN is the symbol for the Mexican Peso. MXN/USD .05. A 2020 Toyota Supra costs $49,000 in the U.S. and 1,200,000 Mexican Pesos in Mexico. Based on this information, please answer the following questions.

1. What is USD/MXP in real currency exchange rate terms?
2. Is the USD over or undervalued?
3. Where am I better off buying the Toyota Supra? In Mexico or in the U.S.?
4. Based on the official/nominal MXN/USD currency exchange rate, what would I expect to pay for the Supra in Mexico?
5. Based on the real cost of the same car in both countries, if Purchasing Power Parity (PPP) were to hold true, what would USD/MXN be?
6. Based on the nominal currency exchange rate, if Purchasing Power Parity (PPP) were to hold true, what would I expect to pay for the Supra in the U.S.

Please explain how you solved each letter for #2. Thank you!

A Spanish commercial bank is engaged in the following foreign
lending/borrowing and trading activities in U.S dollar:
a) The bank owns $5,000,000 value of corporate bonds in U.S
company
b) The bank has lent an U.S. company an amount of $16,000,000
c) The bank has borrowed $8,000,000 from a American bank
d) The bank has sold $300,000 to a Spanish customer to facilitate
acquisition of raw materials from U.S supplier.
e) The bank has purchased $4,000,000 from Spanish investor who
received dividends on stockholding in corporation in U.S.A.

Required:
a. Find the net foreign exchange exposure of the bank.
b. Does the bank have long or short position in U.S Dollar?

URGENT PLEASE