Questions
As a result of COVID-19 pandemic, company XYZ (Pty) Ltd is considering the introduction of the...

As a result of COVID-19 pandemic, company XYZ (Pty) Ltd is considering the introduction of the Fourth Industrial Revolution. They consider the industrial Internet of Things to be the way to go for the company. However, you are hired as a consultant to advise the CEO of XYZ wether 4.0 is the best option for the company. In your report after benchmarking, you need to also consider the challenges and benefits that can be derived by implementing 4.0.

In: Economics

Provide the current Valuation Ratios for the company United Parcel Service (UPS) and explain what they...

Provide the current Valuation Ratios for the company United Parcel Service (UPS) and explain what they mean and what the number tells us. Also, why is this ratio important to the company? Compare these ratios to the industry financial ratios. Lastly, look at trends within United Parcel Service (UPS) company over time and explain if they are doing better, worse or holding steady, and how is the company doing and where can the company perform better?  

Please cite where the information comes from.

In: Finance

One hundred randomly selected subjects from 51,048 subjects were interviewed as a part of the California...

One hundred randomly selected subjects from 51,048 subjects were interviewed as a part of the California Health Interview Survey. The table below was constructed from the responses of the 100 subjects. Use a 0.05 significance level to test the claim that for California adults, exercise is independent of gender.

Have you exercised vigorously in the last 7 days?

YES NO
MALE 13 34
FEMALE 15 38

In: Statistics and Probability

Crane Company sells tablet PCs combined with Internet service, which permits the tablet to connect to...

Crane Company sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and set up a Wi-Fi hot spot. It offers two bundles with the following terms.
(A):Prepare any journal entries to record the revenue arrangement for Crane Bundle A on January 2, 2020, and December 31, 2020.

(B) Prepare any journal entries to record the revenue arrangement for Crane Bundle B on July 1, 2020, and December 31, 2020.

(C)Repeat the requirements for part (a), assuming that Crane Company has no reliable data with which to estimate the standalone selling price for the Internet service.

1. Crane Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Internet connection service contract is $488. The standalone selling price of the tablet is $252 (the cost to Crane Company is $178). Crane Company sells the Internet access service independently for an upfront payment of $285. On January 2, 2020, Crane Company signed 90 contracts, receiving a total of $43,920 in cash.
2. Crane Bundle B includes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for $597. Crane Company provides the 3-year tablet service plan as a separate product with a standalone selling price of $154. Crane Company signed 190 contracts for Crane Bundle B on July 1, 2020, receiving a total of $113,430 in cash.

In: Accounting

Refer to the data in the Excel (College) File. a) Construct a crosstabulation with Year Founded...

Refer to the data in the Excel (College) File.

a)

Construct a crosstabulation with Year Founded as the row variable and

%Graduate as the column variable. Use classes starting with 1600 and

ending with 2000 in increments of 50 for Year Founded. For %

Graduate, use classes starting with 35% and ending with 100% in

increments of 5%.

b)

Compute the row percentages for your crosstabulation in part (a).

c)

Construct a scatter diagram to show the relationship between

Tuition&Fees and %Graduate. Comment on any relationship between

the variables

Bethune-Cookman University 1904 $13,572 37.00
Charleston Southern University. 1964 $19,814 39.00
Jacksonville University 1934 $26,600 41.00
Houston Baptist University 1960 $23,180 45.00
Saint Peter's College 1872 $28,332 46.00
Gardner-Webb University 1905 $22,410 48.00
Campbell University 1887 $22,520 51.70
Mt. St. Mary's University 1960 $24,410 53.00
Oral Roberts University 1963 $20,044 53.00
Liberty University 1971 $19,154 54.00
St. Francis University (NY) 1884 $17,280 54.00
Lipscomb University 1891 $23,494 56.00
University of Hartford 1877 $30,754 58.00
St. John's University (NY) 1870 $31,980 58.00
Fairleigh Dickinson University 1942 $33,410 59.00
Monmouth College 1853 $28,650 59.00
Hofstra University 1935 $31,800 60.00
Mercer University 1833 $30,560 61.00
Robert Morris University 1921 $21,550 61.00
Stetson University 1883 $35,081 61.00
Iona College 1940 $30,192 63.00
Seton Hall University 1856 $31,890 63.00
Rider University 1865 $30,470 64.00
Howard University 1867 $17,905 65.00
Pacific University 1849 $33,612 65.00
University of Tulsa 1894 $28,310 65.00
University of Evansville 1854 $28,076 66.00
Wagner College 1883 $35,820 66.00
Drexel University 1891 $33,005 67.00
Sacred Heart University 1963 $31,440 67.00
Belmont University 1951 $23,680 68.00
DePaul University 1898 $28,858 68.00
Loyola University Chicago 1870 $33,294 68.00
Niagara University 1856 $25,650 68.00
Saint Francis University (PA) 1847 $26,534 68.00
St. Bonaventure University 1858 $26,895 68.00
La Salle University 1863 $35,140 69.00
University of San Francisco 1855 $37,424 69.00
Baylor University 1845 $29,754 70.00
Canisius College 1870 $30,077 70.00
Tulane University 1834 $41,884 70.00
Valparaiso University 1859 $31,040 70.00
Saint Louis University 1818 $32,656 72.00
Butler University 1855 $30,558 73.00
Manhattan College 1853 $29,800 73.00
Samford University 1841 $23,932 73.00
University of San Diego 1949 $38,578 73.00
Siena College 1937 $28,985 73.00
Southern Methodist University 1911 $39,430 74.00
Texas Christian University 1873 $32,490 74.00
Drake university 1881 $28,382 75.00
Duquesne University 1878 $27,502 75.00
Quinnipiac University 1929 $36,130 75.00
University of Denver 1864 $37,833 76.00
Creighton University 1878 $30,578 77.00
Northeastern University 1898 $36,792 77.00
University of Portland 1901 $33,538 77.00
Bradley University 1897 $25,424 78.00
Brigham Young University 1875 $4,560 78.00
University of Dayton 1850 $29,930 78.00
American University 1893 $36,697 79.00
Fordham University 1841 $38,277 79.00
Xavier University (Ohio) 1831 $29,970 79.00
Marist College 1929 $27,650 80.00
University of Miami (FL) 1925 $37,836 80.00
Pepperdine University 1937 $39,080 80.00
Elon University 1889 $27,881 81.00
George Washington University 1821 $42,905 81.00
Marquette University 1881 $31,822 81.00
Gonzaga University 1887 $30,925 82.00
Loyola University Maryland 1852 $39,350 82.00
Wofford College 1854 $31,710 82.00
Syracuse University 1870 $36,302 83.00
Boston University. 1839 $39,864 84.00
Fairfield University 1942 $39,040 84.00
Furman University 1826 $38,088 84.00
University of Richmond 1830 $43,170 87.00
Santa Clara University 1851 $37,368 87.00
Colgate University 1819 $41,870 88.00
Lehigh University 1865 $39,780 88.00
Providence College 1917 $39,435 88.00
Lafayette College 1826 $39,115 89.00
University of Southern California 1880 $41,022 89.00
Wake Forest University 1834 $41,576 89.00
Villanova University 1842 $39,665 90.00
Boston College 1863 $40,542 91.00
Bucknell University 1846 $43,866 91.00
Davidson College 1837 $38,866 91.00
Vanderbilt University 1873 $39,930 91.00
Cornell University 1865 $39,666 93.00
Georgetown University 1789 $40,203 93.00
Northwestern University 1851 $40,224 93.00
Rice University 1912 $35,551 93.00
Brown University 1764 $42,230 95.00
Dartmouth College 1769 $40,437 95.00
Duke University 1838 $40,243 95.00
Stanford University 1891 $41,006 95.00
Columbia University 1754 $41,160 96.00
University of Notre Dame 1842 $41,417 96.00
University of Pennsylvania 1740 $42,098 96.00
Princeton University 1746 $37,000 96.10
Harvard University 1636 $38,415 97.00
Yale University 1701 $38,300 98.00

In: Statistics and Probability

Q1 (a) What is the significance of Marketing? (b) “Marketing is both art and science.” Discuss....

Q1 (a) What is the significance of Marketing?

(b) “Marketing is both art and science.” Discuss.

(Please the Expert needs to submit a detailed answer which must be a standout in a very competitive MBA Marketing Class) .

In: Psychology

Pls answer all parts for Upvote Sound-Around Turntables (SAT) is a regional manufacturer of high fidelity...

Pls answer all parts for Upvote

Sound-Around Turntables (SAT) is a regional manufacturer of high fidelity turntables. It has been in business in Detroit, Michigan since 2008 and has steadily increased sales volume as U.S. sales of vinyl albums re-ignited.

Robert Ritchie, CEO for SAT received an order for 2,500 turntables for Best Buy, a national electronics retailer. Production for this order will begin in late March and the customer order must be delivered on June 1. Since SAT builds to order, Ritchie needs to begin ordering parts from his global supply base soon.

An important needed component is the turntable motor that is normally purchased from Dongguan Electric. The supplier is located in Kaohsiung City, Taiwan. The product is high quality and SAT has worked with Dongguan for 7 years. All units in the order would be shipped at one time. However, the company recently raised its prices citing higher material costs due to rising tariffs.  

Last week, Ritchie received a proposal from an Argentinian company that wants to become a supplier to SAT. Maduro Motors promises to make monthly deliveries of 500 units starting on December 15. Ritchie likes the idea of reducing the supplier-to-factory distance and receiving monthly deliveries. However, Ritchie doesn’t know much about this supplier or the political environment in Argentina.

The Options

Dongguan Electric currently sells the 20W synchronous motor to SAT for 825 TWD per unit. Order cycle time is 46 days. Terms are listed as DAT, Chicago Tradeport.

Maduro Motor proposes to sell a similar 20W electric motor to SAT for 875 ARS per unit. Order cycle time is 18 days. Terms are listed as FAS, Port of Mar del Plata.

Dongguan

Maduro

Price Per Unit

825 TWD

875 ARS

Estimated Ocean Shipping Cost per unit

140 TWD

78 ARS

Estimated US Customs duty per unit

39 TWD

12 ARS

Exchange Rates

Date

Taiwan New Dollar (TWD)

Argentine Peso (ARS)

January 11, 201x

30.75

29.88

Answer the following questions:

1. Evaluate the selling price and related costs per unit offered by each supplier in US dollars.

Dongguan

Maduro

Price Per Unit

$

$

Estimated Ocean Shipping Cost per unit

$

$

Estimated US Customs duty per unit

$

$

2 a. What costs, responsibilities and risks are assumed by the buyer (SAT) and the seller (Dongguan Electric) under Incoterms 2010, DAT, Chicago Tradeport?

b. What costs, responsibilities and risks are assumed by the buyer (SAT) and the seller (Maduro Motor) under Incoterms 2010, FAS, Port of Mar del Plata?

DAT, Chicago Tradeport

FAS, Port of Mar del Plata

Packaging goods for export and loading the container

Factory to port transportation

Payment of export duties (if any are due)

Loading the container on the ship

Paying for the ocean transport (carriage charges)

Paying for the insurance on the international voyage

Paying destination terminal charges for unloading freight

Clearing US Customs (pay import duties & taxes)

US transportation to final destination

3. Given your responses to Questions 1 and 2, what is the total known cost per motor that SAT will incur and what other costs will SAT incur?

Dongguan

Maduro

Costs from Q1 paid by SAT

$

$

Costs from Q2 that SAT will incur

Which supplier do you believe will provide the lowest total cost per unit?

□ Dongguan

□ Maduro

4. What other costs and factors would you consider during the supplier selection process?

5. Which global supplier would you select? Why?

In: Accounting

NOELLA Consultants Inc. has had a defined benefit pension plan since January 1, 2014. The following...

NOELLA Consultants Inc. has had a defined benefit pension plan since January 1, 2014.

The following represents beginning balances as at January 1, 2019:

Market value of Plan Asset $2,008,900; Defined Benefit Obligation $2,340,000; AOCI: Gain of $65,000

Additional Information is as follows:

Current Service cost is $221,000 for 2019 and $215,200 for 2020.

Company Funding/Contribution is $200,400 for 2019 and $212,700 for 2020. Funding is made on December 31 of each year.

Actual return on assets is $115,600 for 2019 and $117,400 for 2020.

There are payments made to retired employees equal to $63,900 in 2019 and for $90,300 in 2020.

Increase in obligation of $123,500 due to Past service cost from plan amendment dated December 31, 2019.

There is an increase in obligation for $64,510 due to changes in Actuarial assumptions at Dec 31, 2020.

The discount/interest rate is 6% for both years.

Required:

  1. Prepare a spreadsheet to determine all the pension items for both 2019 and 2020.
  2. Prepare the required journal entries for both 2019 and 2020.
  3. Prepare a partial balance sheet and a partial income statement for both 2019 and 2020.
  4. Prepare the notes to the financial statements for 2019 only.

Note: You can use either the textbook approach or the alternative approach as we discussed in class.

In: Accounting

Mr. and Mrs. Ahmad owns a villa in Dubai. Mr. Ahmad is partner in a Pharmaceutical...

Mr. and Mrs. Ahmad owns a villa in Dubai. Mr. Ahmad is partner in a Pharmaceutical Company. Mrs. Ahmad stays home with their child, Abdullah, who is age five. Until recently, the Ahmad’s have felt very comfortable with their financial position. After visiting their family financial planner, the couple became concerned that they were spending too much and not putting enough funds aside for both their child's future education needs and their own retirement. Mr. Ahmad earns $95,000 per year, but with the rising costs of education, their past contribution efforts have left them short of their financial goals. To estimate the amount of money Ahmad’s need to begin putting away for future security, some general information was obtained by their financial planner. The couple felt that the amount of money they currently contribute to their saving account would be sufficient for their retirement needs. What they had not accounted for was Abdullah's education. Mr. Ahmad is a graduate of American University Dubai, a private university with an extremely high tuition fee of approximately $20,000 per year. Mrs. Ahmad graduated from the British University Dubai. The tuition expense there is only $2,500 per year. When Abdullah turns 18, the couple wishes to send him to either of these exceptional universities. They have a slight preference for the American University. The problem, however, is that with the rate at which tuition fee is increasing Ahmad is not sure they can raise enough money. To assist in the calculations, assume the tuition at both universities will increase at an annual rate of five per cent. Living expenses are currently estimated at $4,000 per year at both schools. This expense is expected to grow at only three per cent per year. Further assume Ahmad can deposit their money into a growth oriented Investment fund at Dubai International Capital, which has historically earned a 12 per cent return per annum (one per cent per month). The couple wishes to have a pre-determined monthly amount automatically drafted from their checking account. When Abdullah starts college they will slowly liquidate the account by making an annual payment to Abdullah to cover tuition and living expenses at the beginning of each year for the four years he will be in college.

Questions:

1. How much will the tuition and living expenses be per year when Abdullah is ready to attend the University? Give an answer for each University.

2. Once Abdullah starts college what will his total expenses be in each of his four years? Again, give an answer for each University.

3. How much money will Mr. & Mrs. Ahmad have to deposit per month to allow Abdullah to attend American University? How much money will have to be deposited per month to allow Abdullah to attend the British University? (HINT: To answer this question you need to consider the costs of ALL four years.)

4. What is the relationship between the amount that must be deposited monthly by the parents and the future increases in both tuition and living expenses?

In: Finance

On July 1, 2019, the City of Belvedere accepted a gift of cash in the amount...

On July 1, 2019, the City of Belvedere accepted a gift of cash in the amount of $3,500,000 from a number of individuals and foundations and signed an agreement to establish a private-purpose trust. The $3,500,000 and any additional gifts are to be invested and retained as principal. Income from the trust is to be distributed to community nonprofit groups as directed by a Board consisting of city officials and other community leaders. The agreement provides that any increases in the market value of the principal investments are to be held in trust; if the investments fall below the gift amounts, then earnings are to be withheld until the principal amount is re-established. The following events and transactions occurred during the fiscal year ended June 30, 2020. Record them in the Belvedere Community Trust Fund: On July 1, the original gift of cash was received. On August 1, $2,500,000 in XYZ Company bonds were purchased at par plus accrued interest ($41,667). The bonds pay an annual rate of 5 percent interest semiannually on April 1 and October 1. On August 2, $900,000 in ABC Company common stock was purchased. ABC normally declares and pays dividends semiannually, on January 31 and July 31. On October 1, the first semiannual interest payment ($62,500) was received from XYZ Company. Note that part of this is for accrued interest due at the time of purchase; the remaining part is an addition that may be used for distribution. On January 31, a cash dividend was received from ABC Company in the amount of $25,000. On March 1, the ABC stock was sold for $921,000. On the same day, DEF Company stock was purchased for $945,000. On April 1, the second semiannual interest payment was received from XYZ Company. During the month of June, distributions were approved by the Board and paid in cash in the amount of $82,500. Administrative expenses were recorded and paid in the amount of $5,500. An accrual for interest on the XYZ bonds was made as of June 30, 2020. As of June 30, 2020, the fair value of the XYZ bonds, exclusive of accrued interest, was determined to be $2,503,000. The fair value of the DEF stock was determined to be $941,000. Closing entries were prepared. Required: a. The above events and transactions occurred during the fiscal year ended June 30, 2020. Record them in the Belvedere Community Trust Fund. b. Prepare (1) a Statement of Changes in Fiduciary Net Position for the Belvedere Community Trust Fund and (2) a Statement of Fiduciary Net Position.

In: Accounting