Identify McDonald's competitive advantage in its primary industry. (its primary industry is the one in which it has the most sales).
Evaluate McDonald's against the four generic building blocks of competitive advantage:
-efficiency
-quality
-innovation and
-responsiveness to customers.
(preferably typed)

Thomson Media is considering some new equipment whose data are shown below. The equipment would be used for three years with straight-line depreciation, but it would have a positive pre-tax salvage value at the end of Year 3, when the project would be closed down. Also, additional net operating working capital would be required, but it would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's 3-year life. What is the project's NPV? Do not round the intermediate calculations and round the final answer to the nearest whole number.

what is the Year 1 Net Operating Cash Flow?

Type or paste question here

QUESTION 2

Over the last few months, the Bank of Ghana (BoG) has cracked the whip at the banking industry in a bid to restore sanity in the industry. In August 2017, the UT and Capital Banks were liquidated for failing to meet the BoG’s minimum capital ratio. The operations of UniBank, Royal Bank, Beige Bank, Sovereign Bank, and Construction Bank ended. In their place the BoG announced a new bank called the Consolidated Bank, as part of measures to ensure the banking sector maintains a strong indigenous presence.

The BoG’s statement on closure of the banks said an Asset Quality Review (AQR) of banks conducted in 2015 and 201S6 found that some indigenous banks had inadequate capital, high levels of non-performing loans, and weak corporate governance which compelled BoG to crack the whip.

REQUIRED:

As a manager of a bank that was not closed down, what measures will you put in place to ensure that your bank will not be caught up in the same situation as the collapsed banks?

QUESTION 2
Over the last few months, the Bank of Ghana (BoG) has cracked the whip at the banking industry in a bid to
restore sanity in the industry. In August 2017, the UT and Capital Banks were liquidated for failing to meet
the BoG’s minimum capital ratio. The operations of UniBank, Royal Bank, Beige Bank, Sovereign Bank, and
Construction Bank ended. In their place the BoG announced a new bank called the Consolidated Bank, as part
of measures to ensure the banking sector maintains a strong indigenous presence.
The BoG’s statement on closure of the banks said an Asset Quality Review (AQR) of banks conducted in
2015 and 201S6 found that some indigenous banks had inadequate capital, high levels of non-performing
loans, and weak corporate governance which compelled BoG to crack the whip.
REQUIRED:
As a manager of a bank that was not closed down, what measures will you put in place to ensure that your
bank will not be caught up in the same situation as the collapsed banks?

Over the last few months, the Bank of Ghana (BoG) has cracked the whip at the banking industry in a bid to
restore sanity in the industry. In August 2017, the UT and Capital Banks were liquidated for failing to meet
the BoG’s minimum capital ratio. The operations of UniBank, Royal Bank, Beige Bank, Sovereign Bank, and
Construction Bank ended. In their place the BoG announced a new bank called the Consolidated Bank, as part
of measures to ensure the banking sector maintains a strong indigenous presence.
The BoG’s statement on closure of the banks said an Asset Quality Review (AQR) of banks conducted in
2015 and 201S6 found that some indigenous banks had inadequate capital, high levels of non-performing
loans, and weak corporate governance which compelled BoG to crack the whip.
REQUIRED:
As a manager of a bank that was not closed down, what measures will you put in place to ensure that your
bank will not be caught up in the same situation as the collapsed banks?

Large Manufacturing, Inc. is considering investing in some new equipment whose data are shown below. The equipment has a 3-year class life and will be depreciated by the MACRS depreciation system, and it will have a positive pre-tax salvage value at the end of Year 3, when the project will be closed down. Also, some new working capital will be required, but it will be recovered at the end of the project's life. Revenues and cash operating costs are expected to be constant over the project's 3-year life.

WACC 11.0%

Net investment in fixed assets (depreciable basis) $70,000

Required new working capital $10,000

Sales revenues, each year $95,000

Cash operating costs excl. depr'n, each year $30,000

Expected pretax salvage value $9,000

Tax rate 30.0%

What is the terminal Year Non–Operating Cash Flow at the end of Year 3?  

What is the project’s NPV?

Which statements describe the structure of lymphatic capillaries?

-Lymphatic capillaries have a layer of smooth muscle in their walls.

-Collagen filaments anchor the endothelium to loose connective tissue.

-The endothelial cells are not tightly joined together.

-Lymphatic capillaries are part of a closed circuit.

Which of the cells are lymphoid cells (lymphocytes)?

-B cells

-antigens

-helper T cells

-hematopoietic stem cells

Which leukocyte can destroy microorganisms and remove cell debris?

-plasma cell

-dendritic cell

-macrophage

-T lymphocyte

Which is a function of lymph nodes?

-to filter out toxins, such as alcohol

-to store platelets

-to filter out old, damaged red blood cells

-to filter out foreign material and cell waste

What is the lymph‑related function of the appendix?

-secretes lipases that break down triglycerides

-connects the small intestine to the lymph nodes

-removes excess fluid from the small intestine

-protects the intestines from foreign antigens

The Thompson family purchased a rural house and lot in the country. Next to their lot, Carlton Fuels Ltd. had operated a gas station for many years. The gas station had closed down 5 years earlier and the fuel tanks had been removed from the ground.

Two years before the Thompson family purchased their house and lot, the lot where Carton Fuels had been located was sold to a plumbing supply company that used the buildings and grounds to store plastic pipes and other non-hazardous supplies.

Some time after the purchase of their home, the Thompson’s began to notice a strange taste and odour in their drinking water. The water came from a well on their property. A test on the well indicated that the water was contaminated with gasoline.

1. Advise the Thompson’s of their rights and who, most likely, will have to pay for the clean up of the land.
2. If the Thompson’s stop paying their mortgage, the bank will take over the property. What should be bank be concerned about in this case?

You are a consultant for Watch Tech, Inc., a manufacturer of fitness watches. Currently, the firm manufactures both the electrical components for the watches and the watch casing which comes in a variety of finishes. The production manager, Sarah Adler, recently received a proposal from Custom Metal Works Corporation to manufacture the watch casing for the Watch Tech, Inc. watches. Watch Tech will be able to close down its Watch Casing Department if it purchases the casings from outside. Adler asked Watch Tech's controller to prepare an analysis of the costs that could be saved if the Watch Casing Department were closed. Below are the annual cost savings from that analysis:

Building rental (The Watch Casing Department occupies one-sixth of the factory building, which Watch Tech rents for $354,000 per year): $59,000.

Salary of the Watch Casing Department supervisor: $100,000.

Sarah Adler and the controller went to lunch this week and Adler learned that Watch Tech currently spends $78,000 a year to rent storage space to store the completed watches. However, all of the storage needs could be met in the existing factory building without requiring additional storage rental if the Watch Casing Department was discontinued. Also, the Watch Casing Department supervisor would be retained by Watch Tech even if the department were closed. The supervisor would replace the manager of the assembly department who will be retiring soon. All of Watch Tech's department supervisors earn the same salary.

Part 1:

Advise Adler on her decision. What is the "real" cost of operating the Watch Casing Department? Controllable/Uncontrollable? Consider the cost of the space occupied by the Watch Casing Department and the supervisor's salary; what type of costs are these?

Part 2:

The controller was approached by his friend, John Kinney, who is the assistant supervisor of the Watch Casing Department. Kinney asked the controller to understate the cost savings of closing the Watch Casing Department because he is afraid he will be laid off if the department is closed. Kinney is hoping that the controller will understate the cost savings so that the production manager will lean towards keeping the department in operation. What are the controller's ethical responsibilities?