Superior Printing is considering a capital investment for a new printing press with a ten-year life. Superior’s cost of capital is 10%. Relevant cash flows and related present value factors are as follows:

Investment in printing press = $240,000.
Investment in working capital items = $10,000
Annual net cash inflow from operating the press = $40,000.
Salvage value of the press = $18,000.
Present value of $1 (10 Years @ 10%) = 0.3855
Present value of an annuity of $1 (10 Years @ 10%) = 6.1446

The present value of the annual net cash inflows from operating the press is:

• $15,420.

• $245,784.

• $40,000.

• $5,378.

World Population Growth Rate				World Fertility Rate Children per Woman
	1995	1.55			4.9	1965
	2005	1.25			4.8	1970
	2015	1.18			4.3	1975
	2017	1.1			3.8	1980
					3.6	1985
					3.4	1990
					3.1	1995
					2.8	2000
					2.7	2005
					2.6	2010

When will the world reach the 2.2 children per woman zero population growth rate?

In 1995, Mexico maintained a fixed exchange rate regime relative to the US dollar. In the six months prior to the Mexican national elections in October 1995, the public debt increased by 30%.

a) Use the TB/Y diagram to explain the effects of the increase in public debt. Be specific; highlight the effect of changes in the trade balance and output.

b) Why do you think the Mexican debt increased? Use a graph.

(a) Malcolm Technology issued a new series of bonds on January 1, 1985. They were
sold at par ($1,000), have a coupon rate of 10% and mature in 20 years. Coupon
payments are made semi-annually.
(i) Interest rates had risen to 12% by 1995.
What would the price of the bond be on December 31, 1995?
(ii) On July 1, 1995, the bond's price was $990.
What was its yield to maturity on that date?
(b) Malcolm Company’s bonds have 5 years remaining to maturity. Interest is paid
quarterly; the bonds have a $1,000 par value; and the coupon interest rate is12%.
Would you pay $950 for one of these bonds if you thought that the appropriate rate of
interest was 14% - that is, if kd = 14%? Justify your answer.

With the use of graphic organizers, answer the following questions.

a. Show the relationship between regionalism and globalization

b. Present how state-to-state regionalism differs from non-state regionalism

Locate a minimum of 5 companies that employed different types of entry modes when they went global. Make a table, graphic, or infographic to show their strategies and why it was best for their product/services.

10. How would you try to figure out the function of a novel gene you cloned from a bacterium?

Jannelle Richards has worked as a graphic designer for more than 5 years. She decided to open her own

graphic design business as of the first of last month, which is known as Sonoran Graphic Designs.

Account for the effect of the following transactions on the accounting equation for Sonoran.

1. Initial investment by Jannelle Richards, $25,000.

2. Purchased office supplies from OfficeMax for $1,500, on credit.

3. Paid $4,500 on a 6-month office rental contract.

4. Purchases $9,000 of office furniture from Ikea, on account.

5. Paid $6,000 for a new computer and printer (Equipment).

6. Received $9,600 in cash from sales for the first half of the month.

7. For the first half of the month, sales on account totaled $5,100.

8. Received $3,000 cash advance from a customer to develop a graphic design project.

9. Paid part-time assistant $1,000 for 2-weeks wages.

10. Paid telephone bill for the month of $350.

11. Received utility bill from APS for $200.

12. Collected cash from credit sales of $3,200.

13. Recorded rental expense for first month, $750.

14. Received $6,900 in cash from sales for the second half of the month.

15. Paid part-time assistant $1,000 for 2-weeks wages.

16. Paid Ikea $5,000 on account.

17. Withdrew $12,000 for personal use.

Requirements:

1. Use the attached T-Account Page to summarize the preceding transactions as they affect the

accounting equation. Identify each transaction by number. Correctly total each account.

2. In good order and form, prepare a Trial Balance

Book bound sells a wide variety of books to retail bookstores. Book bound recently published two new books: a popular mystery novel and a much less popular history book. Book bound requires bookstores to buy 10 copies of the history book for every 100 copies of the history novel ordered. True or False By bundling the two books together, book bound can force bookstores to pay more than they would be wiling to pay when purchasing the books separately. T/F

The average number of words in a romance novel is 64,393 and the standard deviation is 17,382. Assume the distribution is normal. Let X be the number of words in a randomly selected romance novel. Round all answers to 4 decimal places where possible.

a. What is the distribution of X? X ~ N(_,_)

b. Find the proportion of all novels that are between 52,226 and 62,655 words.

c. The 70th percentile for novels is  words. (Round to the nearest word)

d. The middle 40% of romance novels have from  words to  words. (Round to the nearest word)