How does Reagan's Speech against Communism reflect the changing values in the United States during the 1980s? How can you tell?

What are some political economic circumstances in the United States that could impede people from engaging in exercise as prevention for diabetes and cardiovascular disease?

Undergraduate Degree and MBA Major (3 parts, 14 marks)

BA (=1), BEng (=2), BBA (=3), and several others (=4). There are three possible majors for the MBA students: Accounting (=1), Finance (=2), and Marketing (=3). Can the Statistics professor conclude that the undergraduate degree affects the choice of major?

1. [2 Marks] Create a cross-classified (or contingency) table with undergraduate degree as the row and MBA major as the column. The data in this table should be deemed as observed counts.
2. [3 Marks] Create another table with the corresponding expected counts and having row totals, column totals, and grand total. Round each cell value to two decimal places.
3. [9 Marks] Perform a chi-square test to assess the association (or independence) between undergraduate degree and choice of MBA major at 5% level of significance. Verify the assumptions required for the chi-square test of independence. Make sure you follow all the steps for hypothesis testing indicated in the Instructions section and show your computations.

Ingenuous Company acquired a building on January 1, 2020 for P9,000,000. At that date, the building had a useful life of 30 years.

On December 31, 2020, the fair value of the building was P9,600,000 and on December 31, 2021, the fair value is P9,800,000.

The building was classified as an investment property and accounted for under the cost model.

What amounts should be carried in the statement of financial position and recognized in profit or loss for 2021?

Jane is unhappy with her current salary and is considering doing a two-year MBA. For simplicity assume the MBA starts today (i.e., in t=0). Tuition is $25,000 per year payable at the beginning of a year. Jane must additionally buy books and supplies worth $5,000 per year which are again payable at the beginning of a year. If Jane pursues the MBA she expects to get a job right after graduation. The job entails a signup bonus of $10,000 immediately when she starts the job and a starting salary of $86,000. Jane expects this salary to grow at a rate of 6% annually. Salaries are paid at the end of a year. Regardless of whether she pursues the MBA or stays in her current job Jane expects to retire in 38 years from today. Does it pay for Jane to do an MBA? Perform NPV calculation.

Blockbuster FY2003 10K states, "Blockbuster Inc. is a leading global provider of in-home rental and retail movie and game entertainment, with approximately 8,900 stores in the United States, its territories and 27 other countries as of December 31, 2003." John F. Antioco serves as chairman, president and chief executive officer. Mr. Antioco signed the 10K reflecting his assessment of Blockbuster Inc at the time of its writing.   Also in 2003, Mr Antioco identified "Netflix, (as) our primary domestic competitor in online rental" and planned a competing online service. According to Blockbuster's 2003 10K and using Lovallo & Sibony cognitive bias types, what three statement:cognitive bias couples are true? Select the single best available answer from those presented below.

A) "We expect this (online) service to ultimately drive store revenues by not only attracting new customers who want the convenience that both the online and store channels provide, but also by bringing back customers who we have lost to competing online rental services": Competitor Neglect; "During 2003, we opened or purchased 341 company-operated stores (180 in the United States and 161 outside of the United States)": Confirmation bias; "During 2004, we plan to invest significantly in new systems and infrastructure to support our new initiatives, such as the expansion of our rental subscription programs, which includes our online rental subscription service; the continued development of our games store-in-store concepts; and the continued development and implementation of our movie and games trading model": Anchoring and insufficient adjustment.

B) "We expect this (online) service to ultimately drive store revenues by not only attracting new customers who want the convenience that both the online and store channels provide, but also by bringing back customers who we have lost to competing online rental services": Sunflower Management; "During 2003, we opened or purchased 341 company-operated stores (180 in the United States and 161 outside of the United States)": Confirmation bias; "During 2004, we plan to invest significantly in new systems and infrastructure to support our new initiatives, such as the expansion of our rental subscription programs, which includes our online rental subscription service; the continued development of our games store-in-store concepts; and the continued development and implementation of our movie and games trading model": Anchoring and insufficient adjustment.

C)"We expect this (online) service to ultimately drive store revenues by not only attracting new customers who want the convenience that both the online and store channels provide, but also by bringing back customers who we have lost to competing online rental services": Competitor Neglect; "During 2003, we opened or purchased 341 company-operated stores (180 in the United States and 161 outside of the United States)": Confirmation bias; "During 2004, we plan to invest significantly in new systems and infrastructure to support our new initiatives, such as the expansion of our rental subscription programs, which includes our online rental subscription service; the continued development of our games store-in-store concepts; and the continued development and implementation of our movie and games trading model": Sunflower Management

D) "We expect this (online) service to ultimately drive store revenues by not only attracting new customers who want the convenience that both the online and store channels provide, but also by bringing back customers who we have lost to competing online rental services": Competitor Neglect; "During 2003, we opened or purchased 341 company-operated stores (180 in the United States and 161 outside of the United States)": Status quo bias; "During 2004, we plan to invest significantly in new systems and infrastructure to support our new initiatives, such as the expansion of our rental subscription programs, which includes our online rental subscription service; the continued development of our games store-in-store concepts; and the continued development and implementation of our movie and games trading model": Anchoring and insufficient adjustment.

E) "We expect this (online) service to ultimately drive store revenues by not only attracting new customers who want the convenience that both the online and store channels provide, but also by bringing back customers who we have lost to competing online rental services": Sunflower Management; "During 2003, we opened or purchased 341 company-operated stores (180 in the United States and 161 outside of the United States)": Status quo bias; "During 2004, we plan to invest significantly in new systems and infrastructure to support our new initiatives, such as the expansion of our rental subscription programs, which includes our online rental subscription service; the continued development of our games store-in-store concepts; and the continued development and implementation of our movie and games trading model": Power of storytelling.

The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative B and for the United States is alternative U. [Note: 1 unit of apparel is 1,000 items and 1 unit of chemicals is 1 ton.]

Are comparative-cost conditions such that the two areas should specialize?

      (Click to select)  Yes  No

     If so, what product should each produce?  

     China should produce   ________ apparel  chemicals  neither  .

     The United States should produce  ________ apparel  chemicals  neither  .

b. What is the total gain in apparel and chemical output that would result from such specialization?

    Apparel:

      unit(s)

    Chemicals:

      unit(s)

c. What are the limits of the terms of trade?

     The most China will trade (give up) is _____ unit(s) of apparel for 1 ton of chemicals.

     The most the United States will trade (give up) is ____ ton(s) of chemicals for 1 unit of apparel.

     This implies the following range, or limits, of the terms of trade:

     1 unit of apparel for ____ ton(s) of chemicals (from China's position)

     1 unit of apparel for ____ ton(s) of chemicals (from the U.S. position)

Suppose that the actual terms of trade are 1 unit of apparel for 1½ tons of chemicals, and that the amount exchanged is 4 units of apparel for 6 tons of chemicals. What are the gains from specialization and trade for each nation?

     China has a gain of _____ ton(s) of chemicals  unit(s) of apparel  .

     The United States has a gain of _____ ton(s) of chemicals  unit(s) of apparel  .

Assume that TDW Corporation (calendar-year-end) has 2020 taxable income of $654,000 for purposes of computing the §179 expense. The company acquired the following assets during 2020: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

a. What is the maximum amount of §179 expense TDW may deduct for 2020?