Questions
The recent collapse of some banks and financial institutions and the merger of others in Ghana...

The recent collapse of some banks and financial institutions and the merger of others in Ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

In: Finance

(EOQ calculations​) A downtown bookstore is trying to determine the optimal order quantity for a popular...

(EOQ calculations​) A downtown bookstore is trying to determine the optimal order quantity for a popular novel just printed in paperback. The store feels that the book will sell at four times its hardback figures. It​ would, therefore, sell approximately 3 comma 000 copies in the next year at a price of​ $1.50. The store buys the book at a wholesale figure of​ $1. Costs for carrying the book are estimated at ​$0.30 a copy per​ year, and it costs ​$10 to order more books.

a. Determine the EOQ.

b. What would be the total costs for ordering the books​ 1, 4,​ 5, 10, and 15 times a​ year?

c. What questionable assumptions are being made by the EOQ ​model?

In: Finance

The recent collapse of some banks and financial institutions and the merger of others in ghana...

The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

In: Economics

1.​The recent collapse of some banks and financial institutions and the merger of others in ghana...

1.​The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

In: Economics

1. Lebanon is currently facing both a foreign debt crisis and a banking crisis. What is...

1. Lebanon is currently facing both a foreign debt crisis and a banking crisis. What is the difference between the two? Discuss their implications for Lebanon. How can Lebanon recover?

2. Reflect on levels of economic development and crises like those that currently face Lebanon. How does corruption and fiscal mismanagement leave a country vulnerable to economic disaster? What are the implications of this? How is the situation exacerbated by the novel coronavirus pandemic?

3. How does Lebanon’s persistent trade imbalance contribute to its foreign debt crisis? Would a floating exchange rate help to alleviate the situation? Explain the relationship between exchange rates and imports and exports.

In: Economics

The recent collapse of some banks and financial institutions and the merger of others in ghana...

The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialised Deposit Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

In: Economics

The recent collapse of some banks and financial institutions and the merger of others in Ghana...

The recent collapse of some banks and financial institutions and the merger of others in Ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the presence of the Regulator and a solid legal system backing it. From the discussion in class and available literature, examine some of the difficulties associated with the financial system and how these challenges have been addressed by the Banks and Specialized Deposit-Taking Institutions Act 2016 (Act 930). Are there any novel ways by which some of the challenges may be resolved in your opinion?

In: Economics

5) Based on quarterly data collected over the last four years, the following regression equation was...

5) Based on quarterly data collected over the last four years, the following regression equation was found to forecast the quarterly demand for the number of new copies of an economics textbook: t= 3,305 – 665 Qtr1 – 1,335 Qtr 2 + 305 Qtr3, where Qtr1,Qtr2, and Qtr3 are dummy variables corresponding to Quarters 1, 2, and 3. The demand forecast for Quarter 2 of the next year is ________.

A) 2,640

B) 1,970

C) 3,610

D) 3,305

2) In a two-way ANOVA test, how many null hypotheses are tested?

A) 1

B) 1 or 2

C) 2 or 3

D) More than 3

3) The following is an incomplete ANOVA table.

source of variation ss df ms f
between groups 2 12.5
within groups
total 100 10

For the within groups category, the degrees of freedom are ________.

A) 6

B) 7

C) 8

D) 9

6) Costco sells paperback books in their retail stores and wants to examine the relationship between the prices and sales. The price of a particular novel was adjusted each week and the weekly sales are in the following table. Management would like to use a simple linear regression model that uses prices to predict sales.

sales prices
7 12
4 11
5 10
9 9
8 8
8 7
7 7

The predicted weekly sales for the novel when priced at $10 is equal to ________.

A) 4.60

B) 5.07

C) 6.45

D) 7.33

2) Which of the following is the 95% confidence interval for the regression coefficient β1 if df=30, b1= −2 and s= 3?

A) [−5.00, −1.00]

B) [−7.88, 3.88]

C) [−7.09, 3.09]

D) [−8.13, 4.13]

In: Statistics and Probability

France implemented

In 1995, France implemented a law making the use of the French language mandatory in certain legal documents. Documents relating to securities offerings, such as prospectuses, for example, must be written in French. So must instruction manuals and warranties for goods and services offered for sale in France. Additionally, all agreements entered into with French state or local authorities, with entities controlled by state or local authorities, and with private entities carrying out a public service (such as providing utilities) must be written in French. What kinds of problems might this law pose for U.S. businesspersons who wish to form contracts with French individuals or business firms?

In: Other

For the data below: Year Automobile Sales Year Automobile Sales 1990 116 1997 119 1991 105...

For the data below:

Year

Automobile Sales

Year

Automobile Sales

1990

116

1997

119

1991

105

1998

34

1992

29

1999

34

1993

59

2000

48

1994

108

2001

53

1995

94

2002

65

1996

27

2003

111

(a)           Determine the least squares regression line using Excel.

(b)           Determine the predicted value for 2004.

(c)           Determine the 3 year moving average.

(d)           Determine the MSE for the trend line (in a) and the 3 year moving average (in c.) Which forecasting method is better? Explain.

In: Statistics and Probability