Many researchers suggest that there is great inequality in America today (e.g. class, race, gender, sexual orientation, national origin). Using one theoretical framework (social conflict, structural-functionalism, Feminist/Gender-Conflict Approach, RaceConflict Approach, Symbolic Interactionism), explain how and why inequality persists in America

At the .10 significance level, is there a difference in the variation in team salary (Salary Column) among the American and National league teams (League Column)? (i.e., are their variances equal?) Select one:

a. p = .118. Reject the null, The variances are not equal.

b. p = .094. Do not reject the null. The variances are equal.

c. There is not enough data to decide this.

d. p = .118. Do not reject the null. The variances are equal.

1. Apartheid has played a very important role in South Africa, impacting practically all aspects of South African life.  Please comment on the economic legacy of apartheid and be sure to explain what apartheid was.

As the world’s biggest maker of mobile phones, Nokia, the Finnish company, is a “powerhouse in Europe, Asia, and Latin America, with market shares regularly topping 30 percent”. However, in the United States, Nokia phones have lost popularity over the last few years. In March 2002, Nokia led the American market with 35 percent market share. By June of 2009, its share was only 7 percent. What happened and more importantly, what is Nokia doing about it?

As mobile phone usage skyrocketed, Nokia was the most popular choice. It was the “cool” phone—the one that everyone, from business executive to high school student to stay-at-home-mom wanted. In 2005, Nokia had just launched the N series, an innovative new line with a Web browser, video, music, and pictures in a single phone. That device moved Nokia a generation ahead in the race to build the first real smart phone. The “forecast for Nokia was as sunny and clear as an endless Finnish summer day.” Then came Apple and its iPhone with its clever touch screen and sophisticated software and services. With rave reviews and a reputation for being cool, customers flocked to buy one. However, Nokia executives dismissed the iPhone, saying they were “unimpressed by its engineering.”

Now, three years after Apple introduced the iPhone in 2007, Nokia still has no alternative. It did not anticipate changes in American consumer tastes, like flip phones or touch screens. Another major strategic blunder 246 PART THREE | PLANNING was that its models were based on a European communications standard called GSM when roughly half the United States market used the CDMA (code division multiple access) format. One former Nokia executive said, “Nokia, at the height of its success, decided not to adapt its phones for the U.S. market. That was a mistake and they’re still trying to recover from this.” An executive at a North American network operator said, “The attitude at Nokia was basically: Here is a phone. Do you want it? Nokia wouldn’t play by the rules here, and they have paid a price.” That arrogant attitude and the global economic slowdown have continued to hurt the company’s sales and earnings.

Meanwhile, Nokia set up liaison offices in Atlanta, Dallas, Seattle, and Parsippany, New Jersey, cities where the top American operators have big business units. And it has recently revamped its U.S. operations to collaborate more closely with those major operators. For example, AT&T has begun billing its customers who use Nokia services, keeping those customers from receiving a second bill from Nokia. Best Buy began carrying a Nokia netbook, which is a model for its new collaborative strategy. Nokia also forged a deal with Qualcomm, the largest maker of mobile phone chips for CDMA devices in the United States. It also struck a deal with Microsoft to design Windows Office Mobile software applications for phones that use Nokia’s Symbian operating system. Despite these efforts, however, some industry executives remain unimpressed. One analyst said, “They claim they get it and understand the U.S. market. But the execution still is not there.” Mark Louison, president of Nokia’s North American unit, who has a seat on Nokia’s global management board, said, “In the past, we had a one-size-fits-all mentality that worked well on a global basis but did not help us in this market. That has changed now.” The company recognized that its former strategy had not worked in North America and began trying to lay the groundwork for long-term success. Louison says, “Everything you see us doing is to build the broad set of capabilities to take us broader and deeper into the U.S. market.”

1. Where on the BCG Matrix would you place iPhone and Nokia brands? Where would you place any newly developed products of Iphone on BCG Matrix? Explain. (15)

2. What type of control—feedforward, concurrent, or feedback—do you think would be most important in this situation? Explain your choice (10)

3. What immediate corrective action have been used in this situation? How about basic corrective action? (10)

4. What strategies is Nokia using to revitalize its North American business? (10)

A spelunker is surveying a cave. He follows a passage that goes 179 m straight west, then 211 m in a direction 45° east of south, then 285 m at 30° east of north. After a fourth unmeasured displacement he finds himself back where he started. Use a scale drawing to determine the fourth displacement.

Consider two countries: North and South. In South, banks are required to hold 100% of their deposits as reserves. In North, the required reserve ratio is 50%. Banks do not hold excess reserves in North or in South. No cash is held by the public in South, while in North, citizens hold $500,000 in cash. Each country has $1 million in bank reserves. Residents buy goods and services and do their banking only in their own country. Neither country has any traveler’s checks.

a. What is M1 in each country? What is the money multiplier in each country?Explain, and show your work.

b. If Conrad makes a cash deposit of $1,500 in his bank in North, what will be the total change in North’s money supply, assuming no other changes in cash held by the public in North? Also assume banks in North still hold no excess reserves.Show your work.

Booked Solid, a small independent bookstore in Bradford is trying to decide whether to discontinue selling magazines. The owner suspects that only 7% of the customers buy a magazine and thinks that she might be able to use the display space to sell something more profitable. Before making a final decision, she decides that for one day he'll keep track of the number of customers and whether or not they buy a magazine.

1. What is the probability that exactly 5 of the first 15 customers buy magazines? Round your answer to 4 decimal places.
2. 
   What is the probability that at least 5 of her first 50 customers buy magazines? (10 points)
   3. She had 280 customers that day. Assuming this day was typical for her store, what would be the mean and standard deviation of the number of customers who buy magazines each day? (10 points)
   4. Surprised by the high number of customers who purchased magazines that day, the owner decided that her percentage estimate of customers who still buy magazines must have been too low. How many magazine sales would it have taken to convince you? Justify your answer.

You are a farmer in south-central Pennsylvania producing wheat for the cash grain market. You have planted 100 acres of winter wheat in the fall of 2016 and you are wondering whether you should hedge your output. You expect a yield of at least 50 bushels per acre. Below is a table listing the range of the wheat basis in your area based on recent history.

You are a farmer in south-central Pennsylvania producing wheat for the cash grain market. You have planted 100 acres of winter wheat in the fall of 2016 and you are wondering whether you should hedge your output. You expect a yield of at least 50 bushels per acre. Below is a table listing the range of the wheat basis in your area based on recent history.

1. You are a farmer in south-central Pennsylvania producing wheat for the cash grain market. You have planted 100 acres of winter wheat in the fall of 2016 and you are wondering whether you should hedge your output. You expect a yield of at least 50 bushels per acre. Below is a table listing the range of the wheat basis in your area based on recent history.

2. If you want to use the futures market to hedge what would you do? Explain in detail what you would do and when.

3. It is now July 15 2017. The price of the July contract in Chicago is $5.50. The price offered by your local flour mill is $5.70. Your actual production is 5,500 bushels. You are ready to harvest and sell your wheat. Please explain exactly what you will do? Assuming a commission of 1 cent per bushel calculate how your hedge worked out? Please explain the result and show your work.

4. It is now July 15 2017. The price of the July contract in Chicago is $5.50. The price offered by your local flour mill is $5.70. Your actual production is 5,500 bushels. You are ready to harvest and sell your wheat. Please explain exactly what you will do? Assuming a commission of 1 cent per bushel calculate how your hedge worked out? Please explain the result and show your work.

The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Note that the company uses a clearing house to take care of all bank as well as non-bank credit cards used by its customers.

Record on page 10 of the journal

Record on page 11 of the journal

Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles.

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Chart of Accounts

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Journal

Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles. Scroll down for page 11 of the journal.

PAGE 10

JOURNAL

Solution

Points:

PAGE 11

JOURNAL

Solution

Listed below are the transactions of Chris Kawabata, D.D.S., for the month of September.

Record depreciation using a 5-year life on the equipment, the straight-line method, and no salvage value.

1. Prepare a trial balance

2.Create an Income statement

Also, I don't understand how to calculate depreciation?