“US oil prices turned negative for the first time on record on Monday April 20th, 2020 after oil producers ran out of space to store the oversupply of crude left by the coronavirus crisis, triggering an historic market collapse which left oil traders reeling.” (The Guardian, April 20th, 2020) On April 21st, 2020 the US president Donald Trump tweeted: “We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan, which will make funds available so that these very important companies and jobs will be secured long into the future!”
a. Plot the price of oil (crude or brent) for the past 12 months period and explain the decrease in the price by using demand and supply framework.
In: Economics
Choose one existing incumbent that is being beaten by a challenger in business. In other words, identify and choose one incumbent that is struggling to survive in the market. Conduct a thorough analysis of the current conditions of this incumbent by referring to following relevant strategic analysis frameworks:
1. Porter’s Five Forces Model (refer to lecture 7) a. Degree of existing rivalry b. Threat of potential entrants c. Bargaining power of suppliers d. Bargaining powers of buyers e. Threat of substitutes
2. Stakeholders analysis (refer to lecture 7) a. Strategic stakeholder analysis b. Normative stakeholder analysis
3. Porter’s Value Chain Model (refer to lecture 7) a. Primary activities b. Support activities
4. PESTEL (Political, Economic, Social, Technological, Environmental, Legal),
5. SWOT (Strength, Weaknesses, Opportunities and Threats)
6. Technology cycle (refer to lecture 4) a. Era of ferment b. Era of incremental change
7. The Utterback and Abernathy Model or 3 Phases of innovation model (refer to lecture 4) a. Fluid Phase b. Transitional Phase c. Specific Phase
8. The McKinsey 7-S Model a. Hard elements (Strategy, Structure, System) b. Soft element (Shared Values, Skills, Style and Staff) .
Use at least 4 strategic analysis frameworks, identify and evaluate the current position of the incumbent and synthesize the findings. The first one (Porter’s Five Forces Model) is compulsory. In technology cycle and 3 phases of Innovation model, explain at which phase does the current position of the incumbent of our choice fall on. After assessing the incumbent’s current position, provide a detailed solution for this incumbent to re-emerge in the market. The solution has to be linked to innovation and new disruptive technologies. This will help to explain about the firm’s strategic intent. This solution should help to identify and explain the resources and capabilities required by the incumbent that helps to close the gap between its current position and its strategic intent. As part of the assessment, create a mind map to show the possible solutions.
hey there. can you write around 2000 words ( if possible plag free). that would be much appreciated.
In: Operations Management
1. The following table shows the data for Canada’s aggregate production function with constant return to scale and the output elasticity with respect to capital equal to 0.3.
|
Year |
GDP (billions of 2002 dollars) |
Capital Stock (billions of 2002 dollars) |
Employment (millions) |
|
1961 |
264.5 |
525.6 |
6.06 |
|
1971 |
437.7 |
824.7 |
8.08 |
|
1981 |
647.3 |
1277.4 |
11.31 |
|
1991 |
808.1 |
1715.1 |
12.86 |
|
2001 |
1120.1 |
2071.1 |
14.94 |
|
2010 |
1325 |
2668.7 |
17.04 |
a). Find the values of total factor productivity for the given years above.
I only used the Capital output elasticity(0.3) mentioned in the question here even though in my notes it mentions it being 0.7 in Canada
Y= (A)(K^αK*)(N^αN)
A= TFP, Y= GDP, K= Capital, N=Labor αK=Capital output elasticity, αN=Labor output elasticity
A= Y/(K^αK)(N^αN) THEREFORE
TFP(1961)= (264.5)/((525.6)^0.3(6.06)) = 6.65
TFP(1971)= (437.7)/((824.7)^0.3(8.08)) = 7.23
TFP(1981)= (647.3)/((1277.4)^0.3(11.31)) = 6.69
TFP(1991)= (808.1)/((1715.1)^0.3(12.86)) = 6.73
TFP(2001)= (1120.1)/((2071.1)^0.3(14.94)) = 7.59
TFP(2010)= (1325)/((2668.7)^0.3(17.04)) = 7.29
Just want to verify my numbers are correct here before moving forward?
b). Complete the following table by calculating the average annual growth rates (%) for GDP, capital stock, employment, and total factor productivity. While it is not necessary to show all your calculations, show the formulae you use, and also explain and illustrate how you obtain your answers.
|
Year |
GDP |
Capital Stock |
Employment |
TFP |
|
1961-1971 |
||||
|
1971-1981 |
||||
|
1981-1991 |
||||
|
1991-2001 |
||||
|
2001-2010 |
In: Economics
Case 4: Basma (formerly, Patricia) a recent convert to Islam, alleges that she was terminated from her job as a metal punch operator in a large metal fabrication plant because of her religion (Islam). Shortly after her conversion, she notified her supervisor, Ken, that her new faith requires her to dress according to hijab, "the correct standard of modesty." She also stated that this meant she could no longer wear pants, as required by the factory’s dress code. She further requested religious accommodation by being permitted to wear the jibaab (long and loose-fit coat or garment worn by some Moslem women) while at work.
Ken responded that this could not be done as OHSA and other safety regulations precluded anyone from working around the machinery in loose clothing. Basma, then said asked Ken if he could transfer her to another job. Ken told the only other jobs in the plant where industrial hoist and gantry crane operator and programmer/analyst. Ken informed her that since she possessed no programming skills, that she was not qualified for the programmer/analyst job. He then asked her if she could operate an industrial hoist/gantry crane, she responded that she could not.
When Basma showed up for work the next day in a jibaab, Ken told her to go home and return in the appropriate work attire. When she refused, she was terminated.
Basma immediately filed a complaint with the EEOC for religious accommodation. Her employer is a Title VII employer, but management contends that the dress code is essential to the safe and efficient operation of the mill, and the company has evidence that the dress code was imposed following several accidents in which loose shirts worn by employees were caught in the same type of mill machinery that Basma operates.
a. Can Basma establish a prima facie case for religious accommodation? Why? (5 points)
b. Has Ken violated Title VII? Why or why not? (4 points)
c. Given the above scenario, is there a reasonable religious accommodation for Basma? If so, what? (2 points)
In: Operations Management
in 2012 the new bookkeeper at the Washington group discovered that his predecessors had made a couple of errors in a previous year. Specifically, the inventory was overvalues by $15,000 at the end of 2010. Also, a three year fire insurance policy purchased in early January of 2010 for $54,000 was charged to insurance expense instead of prepaid insurance, and no subsequent adjustments involving this insurance involving this insurance policy was made. The company is subject to a 30% tax rate.
Determine what amount, if any, net income and retained earnings would be over/understated in 2010, 2011, 2012 as a result of the error above. Show calculations and label your answer.
In: Accounting
Consider an annuity for 10 years, whose payments vary in geometric progression. An annual effective interest rate of 6% is used. Obtain the financial value at t = 29/05/2010 of this annuity considering different cases:
In: Accounting
Presented below is information related to equipment owned by ALALI Company at December 31, 2010.
Cost SAR 7,000,000
Accumulated depreciation to date 1,500,000
Value-in-use 5,000,000
Fair value less cost of disposal 4,400,000
Assume that ALALI will continue to use this asset in the future. As of December 31, 2010, the equipment has a remaining useful of 4 years.
Instructions
Prepare the journal entry (if any) to record the impairment of the asset at December 31, 2010.
Prepare the journal entry to record depreciation expense for 2011.
The recoverable amount of the equipment at December 31, 2011, is SAR 5,250,000. Prepare the journal entry (if any) necessary to record this increase.
In: Accounting
Bonalli Shoe Company has been facing increased competition from overseas shoemak- ers. Its total assets and stockholders’ equity at the beginning of 2010 were $690,000 and $590,000, respectively. A summary of the firm’s data for 2010 and 2011 follows.
| 2011 | 2010 | |
| Current Assets | $200,000 | $170,000 |
| Total Assets | 880,000 | 710,000 |
| Current Liabilities | 90,000 | 50,000 |
| Long-term liabilities | 150,000 | 50,000 |
| Stockholders’ equity | 640,000 | 610,000 |
| Sales | 1,200,000 | 1,050,000 |
| Net Income | 60,000 | 80,000 |
Required:
Use (1) liquidity analysis and (2) profitability analysis to document Bonalli Shoe Company’s declining financial position.
In: Accounting
An analyst is trying to value Jason’s Specialties (JS) stock. The analyst has collected data from the company and other sources to prepare the below financials, both actual and projected. Based upon these sources, the analyst expects the company’s free cash flows to grow at 4% on average. The analyst has estimated the company’s cost of capital (WACC) to be 16% and its cost of equity to be 21%. The risk-free rate is 2.3%..
ncome statement for the fiscal year ending January 1 (Millions of dollars)
|
2019 (Actual) |
2020 (Projected) |
||
|
Net Sales |
$400.0 |
$430.0 |
|
|
Costs |
260.0 |
283.5 |
|
|
Depreciation |
37.5 |
42.5 |
|
|
Earnings before interest and taxes |
102.5 |
104.0 |
|
|
Interest expense |
14.1 |
16.0 |
|
|
Earnings before taxes |
88.4 |
89.9 |
|
|
Taxes (40%) |
35.36 |
35.2 |
|
|
Net income before preferred dividends |
53.04 |
52.8 |
|
|
Preferred dividends |
6.0 |
6.5 |
|
|
Net income |
47.04 |
46.3 |
|
|
Common dividends |
37.632 |
38.2 |
|
|
Addition to retained earnings |
9.0408 |
8.1 |
|
Balance sheets for the fiscal year ending January 1 (Millions of dollars)
|
2019 (Actual) |
2020 (Projected) |
||
|
Cash |
$6.3 |
$3.6 |
|
|
Marketable Securities |
40.9 |
39.128 |
|
|
Accounts Receivable |
62.0 |
67.0 |
|
|
Inventories |
107.0 |
105.5 |
|
|
Net plant & equipment |
391.0 |
415.36 |
|
|
Total Assets |
607.2 |
630.58 |
|
|
Accounts payable |
9.6 |
12.1 |
|
|
Accruals |
25.5 |
29.1 |
|
|
Long-term bonds |
210.7 |
217.78 |
|
|
Preferred Stock |
55 |
57.1 |
|
|
Common Stock (Par plus PIC) |
160.0 |
160.0 |
|
|
Retained earnings |
146.4 |
154.5 |
|
|
Total Liabilities & Equity |
607.2 |
630.58 |
|
In: Finance
An analyst is trying to value Jason’s Specialties (JS) stock. The analyst has collected data from the company and other sources to prepare the below financials, both actual and projected. Based upon these sources, the analyst expects the company’s free cash flows to grow at 4% on average. The analyst has estimated the company’s cost of capital (WACC) to be 16% and its cost of equity to be 21%. The risk-free rate is 2.3%..
Income statement for the fiscal year ending January 1 (Millions of dollars)
|
2019 (Actual) |
2020 (Projected) |
||
|
Net Sales |
$400.0 |
$430.0 |
|
|
Costs |
260.0 |
283.5 |
|
|
Depreciation |
37.5 |
42.5 |
|
|
Earnings before interest and taxes |
102.5 |
104.0 |
|
|
Interest expense |
14.1 |
16.0 |
|
|
Earnings before taxes |
88.4 |
89.9 |
|
|
Taxes (40%) |
35.36 |
35.2 |
|
|
Net income before preferred dividends |
53.04 |
52.8 |
|
|
Preferred dividends |
6.0 |
6.5 |
|
|
Net income |
47.04 |
46.3 |
|
|
Common dividends |
37.632 |
38.2 |
|
|
Addition to retained earnings |
9.0408 |
8.1 |
|
Balance sheets for the fiscal year ending January 1 (Millions of dollars)
|
2019 (Actual) |
2020 (Projected) |
||
|
Cash |
$6.3 |
$3.6 |
|
|
Marketable Securities |
40.9 |
39.128 |
|
|
Accounts Receivable |
62.0 |
67.0 |
|
|
Inventories |
107.0 |
105.5 |
|
|
Net plant & equipment |
391.0 |
415.36 |
|
|
Total Assets |
607.2 |
630.58 |
|
|
Accounts payable |
9.6 |
12.1 |
|
|
Accruals |
25.5 |
29.1 |
|
|
Long-term bonds |
210.7 |
217.78 |
|
|
Preferred Stock |
55 |
57.1 |
|
|
Common Stock (Par plus PIC) |
160.0 |
160.0 |
|
|
Retained earnings |
146.4 |
154.5 |
|
|
Total Liabilities & Equity |
607.2 |
630.58 |
|
In: Finance