) Windsor Co. sold $1,940,000 of 10%, 10-year bonds at 104 on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on July 1 and January 1. If Windsor uses the straight-line method to amortize bond premium or discount, determine the amount of interest expense to be reported on July 1, 2017, and December 31, 2017.

Sheridan Inc. issued $590,000 of 9%, 10-year bonds on June 30, 2017, for $553,237. This price provided a yield of 10% on the bonds. Interest is payable semiannually on December 31 and June 30. If Sheridan uses the effective-interest method, determine the amount of interest expense to record if financial statements are issued on October 31, 2017.

1. In the 1960s, life insurance companies were signing up baby boomers for whole life policies. A feature often included in the policies was the right to borrow against the cash value of the policy at a fixed rate of interest, say 8 percent. At the time, with interest rates of 3 to 4 percent, this feature didn’t seem important. However, this feature proved extremely valuable to the insured, when interest rates soared to double digits in the early 1980s. Suddenly, the baby boomers were able to borrow at 8 percent and invest at 12 percent, while the insurance companies had to borrow at rates higher than 8 percent in order to honor their contracts. Many insurers were threatened with insolvency because of this feature in their contracts.
2. 1. What kind of option position did the insurance companies have? (Long or Short? European or American? Put or Call?) Explain your answer.
   2. What is the underlying asset for the options in this real-life example?

1. Age-earnings profiles, especially those for men, tend to be very steep early on and then flatten out. According to the human-capital investment framework, this occurs because

   		on-the-job training investments have a higher payoff for younger workers.
   		on-the-job training investments that lead to the acquisition of general skill will be paid for by workers in the form of lower wages.
   		on-the-job training investments lead to new skills and subsequently higher wages
   		All of these.

1. A government policy likely to be helpful in dealing with structural unemployment is

   		a requirement that firms give employees advance notice of plant closings.
   		a minimum wage law.
   		an increase in unemployment insurance.
   		the creation of public sector jobs.

1. Employment contracts for the majority of American workers take the form of

   		formal documents precisely specifying in advance the obligations of each party
   		oral agreements that can be legally enforced when necessary.
   		a broad set of informal understandings between each party.
   		collective bargaining agreements made between an employer and a union.

TRUE OR FALSE

1. Sales to customers who use nonbank credit cards, such as American Express, are generally treated as credit sales.
2. Retailers record all credit card sales as charge sales.
3. The service fee that credit card companies charge retailers varies and is the primary reason why some businesses do not accept all credit cards.
4. The document issued by the seller that informs the buyer of the details of sales returns is called a credit memorandum.
5. A seller may grant a buyer a reduction in selling price and this is called a sales allowance.
6. The effect of a sales return and allowance is a reduction in sales revenue and a decrease in cash or accounts receivable.
7. Merchandise Inventory normally has a debit balance
8. A buyer who acquires merchandise under credit terms of 1/10, n/30 has 30 days after the invoice date to take advantage of the cash discount.
9. Discounts taken by the buyer for early payment of an invoice are called Cash Discounts by the buyer.

This lab began with the story of Ham, a chimpanzee who was sent into space by NASA in the 1960s as part of early test flights for space travel. Since this time, we have gained a greater appreciation for how closely related we are to chimpanzees and how similar we are in behaviors and intelligences. With this knowledge in mind, do you think that chimpanzees should still be used in research of this type today? Why or why not? Do you think the same rules should apply to all primates (those that are less closely related to humans, such as monkeys, as well as those that are more closely related to humans, such as apes)? Why or why not? Do you think we should limit the use of nonhuman primates in research—for example, by using them only in lifesaving medical research? Why or why not? Visit the website of the American Society of Primatologists and explore its ethical guidelines (https://www.asp.org/society/resolutions/EthicalTreatmentOfNonHumanPrimates.cfm). Use this information to support your answers.

Economies of southern states are growing faster than northern ones, primarily because:

Group of answer choices

technological diffusion is increasing output per worker

capital in the north is subject to diminishing returns but not in the south

people are moving and the population is growing

productivity in the south is increasing

Discuss the advantages and limitations of the procurement process and its effect on small business development in South Africa.

In your response, focus in particular on these areas of interest:

• Procedures;

• Tendering in South Africa;

• Challenges affecting the procurement process; and

• Sustainability and good corporate governance.

No plagiarism please

Korean Organizations Management

What do you think were the reasons why Korea’s economy did not develop?

What challenges did Korea face?

How could South Korea overcome these challenges?

What were some of South Korea’s first exports?

a. Several rivers (Red Deer, Oldman, and Bow) flow eastward into the South
Saskatchewan river basin. The South Saskatchewan river flows eastward towards
the province of Saskatchewan. There is significant irrigation in southern Alberta
primarily along the Oldman and Bow rivers. Some farmers in Saskatchewan also
irrigate along segments of the South Saskatchewan river. These Saskatchewan
farmers complain that there is not enough water for their purposes.

1.What is the fundamental market failure? Explain what it is and describe a possible remedy.

b. There is significant nitrogen leaching off fields in southern Alberta. The city of
Saskatoon, Saskatchewan draws its water supply from the South Saskatchewan
river yet it incurs significant water treatment costs to make the city water safe to
drink.

2.What is the fundamental market failure? Explain how this failure occurs.
Discuss two possible remedies and explain the trade-offs of using each.

Bowie State University magazine agency wants to determine the best combination of two possible magazines to print for the month of May.  Star which the University has published in the past with great success is the first choice under consideration. Prime is a new venture and is a promising magazine. The university envisages that by positioning it near Star, it will pick up some spillover demand from the regular readers. The University also hopes that the advertising campaign will bring in a new type of reader from a potentially very lucrative market. The publishing department wants to print at most 500 copies of Star and 300 copies of Prime. The cover price for Star is $3.50, the university is pricing Prime for $4.50 because other magazines doing the same line of business command this type of higher price. The University publishing department has 25 hours of printing time available for the production run. It has 27.5 hours for the collation department, where the magazines are actually assembled. Each copy of Star magazine requires 2.5 minutes to print and 3 minutes to collate. Each Prime requires 1.8 minutes to print and 5 minutes to collate. How many of each magazine should BSU print to maximize revenue? Show all the corner solutions and the value of the objective function.

Hint: You are required to maximize revenue assuming that Star = X and Prime = Y. create a table, specify the LP, draw graph to show feasible region and solve for the corner points. Find the profit for each of the solutions. Also convert hours to minutes in the constraints. The problem has 4 constraints excluding the non-negative constraints.

a. Formulate a linear programming model for this problem.

b. Represent this problem on a graph using the attached graph paper. Show the feasible region.

c. Solve this model by using graphical analysis showing the optimal solution and the rest of the corner points as well as the profits