between 1996 and 1998 Thailand has moved from a current account deficit of about 9% of GDP to a current account surplus of 8% of GDP. why is this a crisis? explain.why is it painful for a country to make such a move in such a short period of time? explain.

Biomet Inc., designs, manufactures and markets reconstructive and trauma devices, and reported earnings per share of $0.56 in 1993, on which it paid no dividends. (It had revenues per share in 1993 of $2.91). It had capital expenditures of $0.13 per share in 1993 and depreciation in the same year of $0.08 per share. The working capital was 60% of revenues in 1993 and will remain at that level from 1994 to 1998, while earnings and revenues are expected to grow 17% a year. The earnings growth rate is expectedto decline linearly over the following five years to a rate of 5% in 2003. During the high growth and transition periods, capital spending and depreciation are expected to grow at the same rate as earnings, but are expected to offset each other when the firm reaches steady state. Working capital is expected to drop from 60% of revenues during the 1994-1998 period to 30% of revenues after 2003. The firm has no debt currently, but plans to finance 10% of its net capital investment and working capital requirements with debt.The stock is expected to have a beta of 1.45 for the high growth period (1994-1998), and it is expected to decline to 1.10 by the time the firm goes into steady state (in 2003). The treasury bond rate is 7%.Market risk premium is 5.5%.

Question: Estimate the value per share, using the FCFE model.ASSUME YOU ARE AT THE START OF THE YEAR 1994.

Please Use excel and show formulas

The survey by The Bureau of Labor Statistics American Time, showed that the time a person spends in the United States using a computer for entertainment varies greatly according to age. Individuals aged 75 years and older averaged 0.3 hrs (18 minutes) per day. Those aged 15 to 19 spent 1.0 hrs a day. If these times follow an exponential distribution find the proportion of each group that passes:
a) Less than 15 minutes a day using the computer to
entertainment
b) More than two hours
c) Between 30 and 90 minutes

ABC Limited is a leading entertainment, artists and performance brokerage agency in Australia. ABC Ltd founder Mr. Right realised that China is a world-class media and entertainment platform and wants to begin penetrating the firm’s popular musical, magic shows there, but ABC Ltd has little international experience. Mr. Right is unaware of the various types of investment and nontariff trade barriers that ABC might face in China.

Q1. What types of investment barrier(s) might ABC Ltd face if they decide to enter into the China market? (around 100 words)

Memo

To:           INS 210 Students

From:      Ken Goldstein

Date:       2/12/18

Re:          Insurance Company Operations (In-Class Assignment)

You have assumed a new product management role for a specialty insurance company. Your assignment is to assess the insurance company operation requirements to profitably lead a media and entertainment division as follows:

1. Rate Making - What would you want to know about the business to determine proper rate making?

2. Underwriting - How might you underwrite different types of media and entertainment customers? What types of questions would be important?

3. Production - How might you sell and market your media and entertainment coverage capabilities?

4. Claims Settlement - What type of experience might you be looking for in a claims examiner? How might the claims department be an advantage to your sales and marketing value proposition?

5. Reinsurance - Will you utilize reinsurance to grow the business? Why/why not?

Marcosoft Inc. is a publicly traded company that operates in the software and entertainment business, deriving 60% of its value from software and 40% from entertainment. You have collected the following information on comparable firms:

Macrosoft has 60 million shares outstanding, trading at $10/share and $180 million in 10-year corporate bonds (with a coupon rate of 4%) outstanding, trading at par. The company also has lease commitments of $40 million a year for the next 6 years and a marginal tax rate of 40%.

1. Estimate the current debt to equity ratio (in market value terms) for Macrosoft (make sure to capitalise the lease commitments)
2. Estimate the levered beta for the company
3. Estimate the current cost of equity for the company if risk free rate (Rf) is 2% and the market risk premium (Rm – Rf) is 5.8%
4. Finally, compute the cost of capital for the company

topic: crude oil price fluctuations between 1998 - 2018   

welfare implications of the exchange outcome and whether there is scope for government intervention. Use graphs, formulae and diagrams where they help your explanations (more rigorous and succinct) compared to words alone.

If a consumer buys an entertainment center at Best Buy for $2,000 and the MPC is .80, what will be the effect on the economy? What if the MPC is .75? Why is there such a difference?

Brands play important roles for consumers. For instance, they act as relationship partners that enable consumers to resolve personal issues. Drawing on Fournier (1998) typology of relationships between consumers and brands, identify six types of relationships you as a consumer have with different brands .

Below the Adjusted Trial Balance for Torr's Towing Services is given.

Using the Adjusted Trial Balance prepare the closing entries at June 30, 2019 (on a piece of paper) and select the correct answer to the questions asked about the closing entries.

    TORR'S TOWING SERVICES
WORKSHEET  
FOR THE YEAR ENDED JUNE 30, 2019
ADJUSTED TRIAL BALANCE
ACCOUNT TITLES       DEBIT ($)   CREDIT ($)
      
Cash       56,820.00     
Accounts Receivable       28,200.00     
Towing Supplies       9,000.00     
Notes Receivable       2,500.00     
Land       180,000.00     
Vehicles       66,000.00     
Accumulated depreciation -            
Vehicles          60,000.00
Accounts Payable          31,100.00
Unearned Revenue          1,400.00
Notes Payable          20,000.00
Capital - Torr Tait          205,500.00
Withdrawals - Torr Tait       3,000.00     
Towing Service Revenue          143,500.00
Rent Revenue          28,000.00
Advertising Expense       3,500.00     
Insurance Expense       1,200.00     
Internet Expense       1,160.00     
Meals and Entertainment Expense   2,500.00     
Telephone Expense       1,120.00     
Utilities Expense       10,800.00     
Wage Expense       121,750.00     
      
      
      
Depreciation - Vehicles       7,200.00     
Interest Expense       400.00     
Supplies Expense       9,000.00     
Interest Payable          400.00
Wages Payable          14,250.00
504,150.00   504,150.00

What is the total amount posted to the Income Summary account to close out the expense accounts?

Answer 1
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What is the journal entry to close out the Withdrawal's account?

Answer 2
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What type of account is the Income Summary account?

Answer 3
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What is the total amount posted to the Owners' Capital account to close out the Income Summary account?

Answer 4
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What is the total amount posted to the Income Summary account to close out the revenue account(s)?

Answer 5
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