In: Psychology
How can funding education through local property taxes led to
discrimination?
Patterns in race and class school segregation today.
What is the largest ethnic group among the elderly?
By 2023 a majority of children (under 18 years of age) in the
United States will be from a minority background.
In: Psychology
Once convicted and held responsible, an appropriate sentence must be imposed. There is much controversy about the death penalty in the United States. We are going to have a respectful and intelligent debate about the pros and cons of the death penalty. Please start by contributing two arguments on each side of the debate.
In: Psychology
4. Why did the United States and the Soviet Union find themselves in a “Cold War” after World War II? Why was it referred to as a “Cold War?” How did the Cold War shape American domestic life and foreign policy? ESSAY QUESTION PLEASE ANSWER FULLY
In: Psychology
Many countries have universal healthcare, what if the United States followed suit:
How would the health care be financed?
Would there be any limits to put into place?
Who will be in charge of monitoring performance and quality?
Will there be any rationing of care or ability for experimental treatment/ drugs and cosmetic surgery?
In: Operations Management
What do you see as the future level of crime in the United States? What specific changes do you expect to see in the strategies and policies by which our society responds to crime? What changes would you like to see toward the goal of improving U.S. society?
In: Psychology
(Use Excel or SPSS to complete this Assignment
A random sample of respondents was drawn from three Latin American countries: Nicaragua, Guatemala, and Costa Rica. The variable if interest is the duration (in months) of stay in the United States during a respondent’s first migration to the United States.
Nicaragua: 4, 6, 6, 6, 12, 36, 36, 36, 36, 60, 72, 78, 96, 120,
126, 156, 162, 162, 186, 540
Guatemala: 1, 1, 12, 24, 24, 24, 36, 36, 42, 60, 78, 84, 102, 102,
102, 102,132, 144
Costa Rica: 12, 12, 12, 12, 14, 15, 15, 18, 18, 24, 36, 48, 66,
120, 150, 150, 174, 282, 288
In: Statistics and Probability
Houston-based Advanced Electronics manufactures audio speakers
for desktop computers. The following data relate to the period just
ended when the company produced and sold 44,000 speaker
sets:
| Sales | $ | 3,696,000 | |
| Variable costs | 924,000 | ||
| Fixed costs | 2,250,000 | ||
Management is considering relocating its manufacturing facilities
to northern Mexico to reduce costs. Variable costs are expected to
average $18.00 per set; annual fixed costs are anticipated to be
$1,988,000. (In the following requirements, ignore income
taxes.)
Required:
1. Calculate the company’s current income and
determine the level of dollar sales needed to double that figure,
assuming that manufacturing operations remain in the United
States.
2. Determine the break-even point in speaker sets
if operations are shifted to Mexico.
3. Assume that management desires to achieve the
Mexican break-even point; however, operations will remain in the
United States.
a. If variable costs remain constant, by how much must fixed costs
change?
b. If fixed costs remain constant, by how much must unit variable
cost change?
4. Determine the impact (increase, decrease, or no
effect) of the following operating changes.
Calculate the company’s current income and determine the level of dollar sales needed to double that figure, assuming that manufacturing operations remain in the United States. (Do not round intermediate calculations and round your final answers to nearest whole dollar.)
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Assume that management desires to achieve the Mexican break-even point; however, operations will remain in the United States.
a. If variable costs remain constant, by how much must fixed costs change? (Round your intermediate unit calculations to the nearest whole number and round your final answer to the nearest whole dollar.)
b. If fixed costs remain constant, by how much must unit variable cost change? (Round your intermediate unit calculations to the nearest whole number and round your final answer to 2 decimal places.)
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In: Accounting
Case 18-1 Coffee Co.
Coffee Co. (the “Company”) is a global distributor of organic coffee beans and teas that is registered with the SEC in the United States. The Company’s operations are primarily located in the United States, Canada, and South America. In March 20X8, Coffee Co., looking to refocus efforts to only produce coffee products, entered into an agreement (the “Agreement”) with Nature’s Beverage, a food distributor in the United States looking to expand its international footprint (the “Transaction”). Nature’s Beverage is registered with the SEC in the United States.
Pursuant to the Agreement, Coffee Co. provided a sublicense to Nature’s Beverage for the distribution rights of Coffee Co.’s South American local tea brand, Herbal T, whereby Nature’s Beverage will distribute Herbal T in South America. Under the Agreement, Coffee Co. transferred the existing customer contracts in South America to Nature’s Beverage and an at-market supply contract with the producer of Herbal T. Coffee Co. retained all of its employees and distribution capabilities.
The Transaction closed on March 1, 20X8 (the “Closing”).
Additional Facts:
Nature’s Beverage incurred certain costs to acquire the sublicense of the distribution rights and a license to use the Herbal T brand. The costs included legal, accounting, and other professional or consulting fees totaling $50,000.
Nature’s Beverage agreed to transfer to Coffee Co. $3 million for the sublicense of the distribution rights of Herbal T.
Assume both companies have adopted FASB Accounting Standards Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business.
Required:
Does the acquisition of the sublicense by Nature’s Beverage to distribute Herbal T meet the definition of a business?
How should Nature’s Beverage account for the acquisition, including the treatment of the transaction costs? (Note that the response will be dependent on the response to Question 1.)
I only need the answer to question #1. I already asked this question before and I received an answer that was already on the internet. Please in your own words, answer question #1 using pronouncement ASC 805-10-55.
In: Accounting
5. Exchange rates and the demand for domestic goods
Piano Palace Co. produces electronic keyboards in the United States. Its most popular keyboard sells for $1,400. KeySharp Co., Piano Palace's primary competitor, is based in Germany and sells keyboards to US customers online. KeySharp sells its keyboards for 825 euros.
Suppose that initially, the exchange rate was $1.60 per euro.
This means that the price of KeySharp’s keyboards to US consumers was 825 euros ×$1.60 per euro =$1,320.
This means that the price of KeySharp’s keyboards to US consumers was _____?
. Because this dollar price of keyboards from KeySharp is(lower or higher)______________ than the dollar price of keyboards from Piano Palace, demand for Piano Palace keyboards is likely(high, low , higher)______ relative to KeySharp’s keyboards in the United States.
Now suppose that the euro weakens relative to the dollar, and the exchange rate changes to $2.00
After this change, the price of KeySharp’s keyboards to US consumers is _______?
. Because this dollar price of keyboards from KeySharp is now
(lower or higher
) _________ than the dollar price of keyboards from Piano Palace,
demand for Piano Palace keyboards is likely(rise or fall)_______
relative to KeySharp’s keyboards in the United States, due to the
change in the exchange rate.
Suppose that Piano Palace not only sells keyboards in the United States but also exports and sells them to France (another country in the eurozone).
When the euro was $1.60, consumers in France paid _______?
euros for keyboards from Piano Palace. At this exchange rate, the euro price of Piano Palace keyboards was (lower or higher)_______ than that of KeySharp keyboards. However, at the newer exchange rate, the euro price of Piano Palace keyboards is now_____?
. This would cause French consumers to increase demand for (KeySharp keyboards, relative to Piano Palace keyboards OR Piano Palace keyboards, relative to KeySharp keyboards)
.
Generalizing from the results of this fictionalized scenario, when other currencies are weak against the dollar, US imports should be relatively (high or low)_____ , while US exports should be relatively (low or high)_____ , leading to a(more or less)_____ favorable position in terms of the balance of trade.
In: Finance