This week, you will analyze a three- to five-minute segment of a movie or a television episode depicting conformity and obedience. After watching the movie segment, create a report on your analysis. In your report: Mention the name of the movie. Describe the setting and overall storyline of the movie. Describe the main characters in the observed movie section. Describe the situation that you analyzed and interpret the action of the characters depicting conformity and obedience. Draw conclusions based on social psychological concepts and theories.
In: Psychology
You are a proposal manager for a government contractor working on a huge new program. You have an interview with an former employee of your main competitor who wants you to hire him. He happens to mention that when he left his former employer, he still had the entire text of their proposal for the same program on his laptop. If you have this information, it will give you a huge advantage in the competition. What do you do? And why?
In: Operations Management
Question: Which sectors of the economy are the worst hit by Corona Pandemic and which sectors may have benefited from the Corona Pandemic? Take one or more countries as examples for your answer. Support your findings with data and analysis as much as possible. Clearly mention the country name(s). Please answer the question in detail. Support your answer with data and references as much as possible. provide references wherever applicable. Use economic terminologies as much as possible.
In: Economics
1. Write a proposal to your head of department explaining how Information Technology can be leveraged to gain a competitive advantage in your department. Explain what advantages your proposal if implemented can help achieve this. What competitive strategy or combination of strategies do you seek to employ. 2. Mention and explain 5 ways in which Business Process Reengineering differs from Business Improvement. Use an institution that you are familiar with to give examples.
In: Operations Management
Ethics and EPS – Change of Estimates
Acme Company has as a goal that its earnings per share should increase by at least 3% each year; this goal has been attained every year over the past decade. As a result, the market price per share of Acme's common stock also has increased each year. Last year (2019), Acme's earnings per share was $3. This year, however, is a different story. Because of decreasing sales, preliminary computations at the end of 2020 show that earnings per share will be only $2.99 per share.
You are the accountant for Acme. Acme's controller, Steve Bryan, has come to you with some suggestions. He says, “I've noticed that the decrease in revenues has been primarily related to credit sales. Since we have fewer credit sales, I believe we are justified in reducing our bad debts expense from 4% to 2% of net sales. I also think that because of the decreased sales, we won't use our factory equipment as much, so we can extend its estimated remaining life from 10 to 15 years for computing our straight-line depreciation expense. Based on my calculations, if we make these changes, Acme's 2030 earnings per share will be $3.06. This will sure make our shareholders happy, not to mention our CEO. You may even get a promotion. What do you think?”
In: Accounting
Ryan Company has as a goal that its earnings per share should increase by at least 3% each year; this goal has been attained every year over the past decade. As a result, the market price per share of Ryan's common stock also has increased each year. Last year (2015), Ryan's earnings per share was $3. This year, however, is a different story. Because of decreasing sales, preliminary computations at the end of 2016 show that earnings per share will be only $2.99 per share. You are the accountant for Ryan. Ryan's controller, Jim Nastic, has come to you with some suggestions. He says, “I've noticed that the decrease in revenues has been primarily related to credit sales. Since we have fewer credit sales, I believe we are justified in reducing our bad debts expense from 4% to 2% of net sales. I also think that because of the decreased sales, we won't use our factory equipment as much, so we can extend its estimated remaining life from 10 to 15 years for computing our straight-line depreciation expense. Based on my calculations, if we make these changes, Ryan's 2016 earnings per share will be $3.06. This will sure make our shareholders happy, not to mention our CEO. You may even get a promotion. What do you think?”
Required:
From financial reporting and ethical perspectives, prepare a response to Jim regarding his suggestions.
In: Accounting
Ryan Company has as a goal that its earnings per share should increase by at least 3% each year; this goal has been attained every year over the past decade. As a result, the market price per share of Ryan's common stock also has increased each year. Last year (2015), Ryan's earnings per share was $3. This year, however, is a different story. Because of decreasing sales, preliminary computations at the end of 2016 show that earnings per share will be only $2.99 per share. You are the accountant for Ryan. Ryan's controller, Jim Nastic, has come to you with some suggestions. He says, “I've noticed that the decrease in revenues has been primarily related to credit sales. Since we have fewer credit sales, I believe we are justified in reducing our bad debts expense from 4% to 2% of net sales. I also think that because of the decreased sales, we won't use our factory equipment as much, so we can extend its estimated remaining life from 10 to 15 years for computing our straight-line depreciation expense. Based on my calculations, if we make these changes, Ryan's 2016 earnings per share will be $3.06. This will sure make our shareholders happy, not to mention our CEO. You may even get a promotion. What do you think?”
Required:
From financial reporting and ethical perspectives,
prepare a response to Jim regarding his suggestions.
In: Accounting
Jim is a 60-year-old Anglo male in reasonably good health. He wants to take out a $50,000 term (that is, straight death benefit) life insurance policy until he is 65. The policy will expire on his 65th birthday. The probability of death in a given year is provided by the Vital Statistics Section of the Statistical Abstract of the United States (116th Edition).
| x = age | 60 | 61 | 62 | 63 | 64 |
| P(death at this age) | 0.01138 | 0.01309 | 0.01645 | 0.01942 | 0.02287 |
Jim is applying to Big Rock Insurance Company for his term insurance policy.
(a) What is the probability that Jim will die in his 60th year?
(Enter your answer to five decimal places.)
Using this probability and the $50,000 death benefit, what is the
expected cost to Big Rock Insurance? (Round your answer to two
decimal places.)
$
(b) Repeat part (a) for years 61, 62, 63, and 64. (Round your
answers to two decimal places.)
| Year | Expected Cost |
| 61 | $ |
| 62 | $ |
| 63 | $ |
| 64 | $ |
What would be the total expected cost to Big Rock Insurance over
the years 60 through 64? (Round your answer to two decimal
places.)
$
(c) If Big Rock Insurance wants to make a profit of $700 above the
expected total cost paid out for Jim's death, how much should it
charge for the policy? (Round your answer to two decimal
places.)
$
(d) If Big Rock Insurance Company charges $5000 for the policy, how
much profit does the company expect to make? (Round your answer to
two decimal places.)
In: Statistics and Probability
Jim is a 60-year-old Anglo male in reasonably good health. He wants to take out a $50,000 term (that is, straight death benefit) life insurance policy until he is 65. The policy will expire on his 65th birthday. The probability of death in a given year is provided by the Vital Statistics Section of the Statistical Abstract of the United States (116th Edition).
| x = age | 60 | 61 | 62 | 63 | 64 |
| P(death at this age) | 0.01084 | 0.01345 | 0.01657 | 0.02071 | 0.02314 |
Jim is applying to Big Rock Insurance Company for his term insurance policy.
(a) What is the probability that Jim will die in his 60th year?
(Enter your answer to five decimal places.)
Using this probability and the $50,000 death benefit, what is the
expected cost to Big Rock Insurance? (Round your answer to two
decimal places.)
$
(b) Repeat part (a) for years 61, 62, 63, and 64. (Round your
answers to two decimal places.)
| Year | Expected Cost |
| 61 | $ |
| 62 | $ |
| 63 | $ |
| 64 | $ |
What would be the total expected cost to Big Rock Insurance over
the years 60 through 64? (Round your answer to two decimal
places.)
$
(c) If Big Rock Insurance wants to make a profit of $700 above the
expected total cost paid out for Jim's death, how much should it
charge for the policy? (Round your answer to two decimal
places.)
$
(d) If Big Rock Insurance Company charges $5000 for the policy, how
much profit does the company expect to make? (Round your answer to
two decimal places.)
$
In: Statistics and Probability
During a meeting in which you brief your supervisor on a forecasting model, you mention Akaike Information Criterion (AIC) and Schwartz Bayesian Criterion (SBC). The supervisor is familiar with the concept of R2 (coefficient of determination) as the proportion of variance in the data that is explained by the model. Briefly explain why you put more emphasis on AIC and SBC when you decide between models. ALSO.
Explain the Markovian Property, in words, to that same supervisor.
The fundamental matrix of a Markov Model describes the behavior of the system in steady-state (T/F - explain).
In: Statistics and Probability