Thomson Reuters (TR) reports on a consolidated basis. It generates approximately $16KB worth of annual revenues. It recently entered into a venture with another firm (Blackstone) to create a new company in which TR would hold approximately 45% of the stock of NewCo; and Blackstone would hold 55% of the stock (of the NewCo). TR then sold one line of business that typically generated about $8B of revenues to TR for approximately $20B.
Since TR no longer owns the former business and is not a controlling owner of the NewCo how will this likely impact TR going forward?
How does this impact the financial statements (journal entries) ?
In: Accounting
Alpha Inc. is contemplating on investing in a manufacturing facility in China. As a consultant, you are charged with doing the financial analysis for this project. You expect the cash flows (in Chinese RMB) for this project to last indefinitely. You estimated the following cash flows for 2019-2024 and that the cash flows will grow at a constant rate starting 2025. (12 points)
|
Year |
FCF |
Other Data |
|
2019 |
-80,000,000 RMB |
Growth rate of RMB FCF starting 2025 = 3% |
|
2020 |
9,000,000 RMB |
Cost of Capital for similar U.S. Projects (WACC) = 15% |
|
2021 |
10,000,000 RMB |
Inflation in the U.S. = 2% |
|
2022 2023 2024 |
12,000,000 RMB 16,000,000 RMB 20,000,000 RMB |
Inflation in China = 6% Spot rate = 6.5 RMB/USD |
Please attach your spreadsheet
In: Finance
2) Lizzy owns a costume jewelry store in South Africa. She imports most of her jewelry from Zambia. She reads in the newspaper that Zambia is expected to lower interest rates. Is she better off waiting until Zambia actually lowers interest rates before she imports more jewelry from Zambia or should she import more jewelry now, before interest rates decline in Zambia? Explain your answer.
In: Finance
1. What does it mean biologically to be human? How can evolution explain both the unity and diversity of human phenotypes? Use specific examples of evidence and some version of the following terms in your answer: neutral genetic variation, evolution, natural selection, drift/bottleneck/founder effect, migration, mutation, and species/population/lineage.
In: Biology
Which of the following is not true for allelic diversity:
Select one:
It can be used to infer past demographic processes like founder events
It can be used to detect recent population genetic bottlenecks
It can be related to future adaptive potential
All of the listed statements are true
When low, it can buffer populations against inbreeding depression
In: Biology
In: Economics
In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer. Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data:
B: Percent increase for company 6 12 12 18 6 4 21 37
A: Percent increase for CEO 15 28 21 14 -4 19 15 30
Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d = B − A.)
(a) What is the level of significance?
State the null and alternate hypotheses.
H0: μd = 0; H1: μd > 0
H0: μd = 0; H1: μd < 0
H0: μd ≠ 0; H1: μd = 0
H0: μd = 0; H1: μd ≠ 0
H0: μd > 0; H1: μd = 0
(b) What sampling distribution will you use? What assumptions are you making?
The standard normal. We assume that d has an approximately uniform distribution.
The Student's t. We assume that d has an approximately normal distribution.
The Student's t. We assume that d has an approximately uniform distribution.
The standard normal. We assume that d has an approximately normal distribution.
What is the value of the sample test statistic? (Round your answer to three decimal places.)
(c) Find the P-value. (Round your answer to four decimal places.)
Sketch the sampling distribution and show the area corresponding to the P-value.
(d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level α?
Since the P-value ≤ α, we fail to reject H0. The data are statistically significant.
Since the P-value > α, we reject H0. The data are not statistically significant.
Since the P-value > α, we fail to reject H0. The data are not statistically significant.
Since the P-value ≤ α, we reject H0. The data are statistically significant.
(e) Interpret your conclusion in the context of the application.
Fail to reject H0. At the 5% level of significance, the evidence is sufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
Reject H0. At the 5% level of significance, the evidence is insufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
Reject H0. At the 5% level of significance, the evidence is sufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
Fail to reject H0. At the 5% level of significance, the evidence is insufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
In: Statistics and Probability
In this problem, assume that the distribution of differences is
approximately normal. Note: For degrees of freedom
d.f. not in the Student's t table, use
the closest d.f. that is smaller. In
some situations, this choice of d.f. may increase
the P-value by a small amount and therefore produce a
slightly more "conservative" answer.
Are America's top chief executive officers (CEOs) really worth all
that money? One way to answer this question is to look at row
B, the annual company percentage increase in revenue,
versus row A, the CEO's annual percentage salary increase
in that same company. Suppose a random sample of companies yielded
the following data:
| B:
Percent increase for company |
22 | 6 | 12 | 18 | 6 | 4 | 21 | 37 |
| A:
Percent increase for CEO |
25 | 27 | 26 | 14 | -4 | 19 | 15 | 30 |
Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d = B ? A.)
(a) What is the level of significance?
State the null and alternate hypotheses.
H0: ?d = 0; H1: ?d < 0H0: ?d > 0; H1: ?d = 0 H0: ?d ? 0; H1: ?d = 0H0: ?d = 0; H1: ?d > 0H0: ?d = 0; H1: ?d ? 0
(b) What sampling distribution will you use? What assumptions are
you making?
The Student's t. We assume that d has an approximately normal distribution.The Student's t. We assume that d has an approximately uniform distribution. The standard normal. We assume that d has an approximately uniform distribution.The standard normal. We assume that d has an approximately normal distribution.
What is the value of the sample test statistic? (Round your answer
to three decimal places.)
(c) Find the P-value. (Round your answer to four decimal
places.)
Sketch the sampling distribution and show the area corresponding to
the P-value.
(d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level ??
Since the P-value ? ?, we reject H0. The data are statistically significant.Since the P-value > ?, we fail to reject H0. The data are not statistically significant. Since the P-value > ?, we reject H0. The data are not statistically significant.Since the P-value ? ?, we fail to reject H0. The data are statistically significant.
(e) Interpret your conclusion in the context of the
application.
Reject H0. At the 5% level of significance, the evidence is sufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.Fail to reject H0. At the 5% level of significance, the evidence is insufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary. Fail to reject H0. At the 5% level of significance, the evidence is sufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.Reject H0. At the 5% level of significance, the evidence is insufficient to claim a difference in population mean percentage increases for corporate revenue and CEO salary.
In: Statistics and Probability
How did you feel about your new position as programmer Analyst? Do you feel your academic preparation which is MBA has been sufficient for you to be able to fulfil your current job expectations? Explain why or why not.
PLEASE ANSWER IN 350 WORDS AND IN WORD FORMAT ONLY.
THANKS
In: Operations Management
7. (a) Among the four types of unemployment, identify the economically best type and explain why it’s the best. (b) Identify the economically most costly type of unemployment and explain why it’s the most costly. (c) What type of unemployment are workers most likely to experience after they have earned an MBA degree? Explain.
In: Economics