High skilled immigrants use the H-1B visa to work in the United States. Prior to 2004, they allowed over 120000 visas to be issued each year. After 2004, they reduced the quota to 65000 immigrants per year. Discuss the implications that this change would have based on your knowledge of economic theory on a. native workers in the USA b. firm owners in the USA c. remaining workers in the destination countries d. firm owners on destination countries You may use graphical analysis if it helps illustrate your points.
In: Economics
Studies have examined changes over time in the annual global temperature based on planet-wide recordings. To make temperatures at different locations comparable, "temperature anomalies" are computed locally by comparing the local annual sea surface temperature average with the local temperature reference, the 1951-1980 average. The analysis showed that, in each of several time periods, the distribution of local seasonal temperature anomalies was approximately Normal. Because temperature anomalies are computed relative to the 1951-1980 reference period, summer temperature N(0,1). Decades later, summer temperature in the northern hemisphere over the 2005-2015 period followed approximately the N(1.6, 1.3) distribution. (a) Draw both distributions on the same graph, indicating the mean and standard deviation of each curve. (Select the graph that best matches the graph you drew. Make sure that the means and standard deviations on the legend match the curves.) 13 (b) In the reference period, standardized summer temperature anomalies greater than 3 were considered to be extreme heat events. Based on the proposed Normal model, what percent of local summer temperature anomalies in the northern hemisphere were extreme heat events in the 1951-1980 reference period? (Enter your answer rounded to one decimal place.) percent: (c) Based on the proposed Normal model, what percent of local summer temperature anomalies in the northern hemisphere between 2005 and 2015 were extreme heat events? (Enter your answer rounded to one decimal place.) percent (d) Based on the recording stations at numerous worldwide locations, 14.5% of temperature anomalies in the northern hemisphere were extreme heat events between 2005 and 2015, compared with 0.1% in the reference period of 1951 to 1980 Compare the actual values to the ones you obtained using the proposed Normal models. O Both values found using the Normal models are very close to the actual values. Neither value found using the Normal models is very close to the actual value. The value found for 1951-1980 using the Normal model is very close to the actual value, but not the one for 2005-201:5 O The value found for 2005-2015 using the Normal model is very close to the actual value, but not the one for 1951-1980.
In: Math
Segregation of duties
Fluffy Dogs Inc., is a small company with three people working in the revenue processes. One employee, Brenda, works as the Supervisor. Sally and Tyler report to Brenda. Together, this group must achieve the following tasks:
Required:
For each of the three employees consider the duties you would assign to each employee. In assigning duties there should be a proper separation of duties to achieve appropriate internal control. List the three people, the duties you assigned to each employee, and a description of why those assignments achieve proper separation of duties. Provide two example pairings where proper internal control is not met and explain how fraud could be perpetrated by one person being responsible for duties that are not properly segregated. There will be three answers to this question.
In: Accounting
Bramble Electronics operates as a decentralized company.
Bramble’s Battery division manufactures batter chargers that are
sold both externally to outside customers and internally to the
Camera division. Battery division’s annual capacity is 83,700
units. The revenue and costs associated with one battery charger
are as follows:
| Selling Price to external customers | $21 | |
| Variable Cost | 13 | |
| Fixed Cost (based on capacity) | 4 |
The Camera division would like to purchase 25,110 units of battery
chargers; however, Cameron, the manager of the Camera division, is
able to purchase the battery charger from an overseas supplier at
$19.
Assuming the Battery division operates at 60% capacity, what is the range of the transfer price, if any, for the battery charger? Cameron has learned that the Battery division operates below its capacity. He is willing to pay up to $18.50 for a battery charger. Should the Battery division accept the offer at $18.50?
| Minimum | ? TP ? |
Maximum |
The range $_______ ? TP ? $_________
The Battery division _____(should/should not) accept the offer to transfer the battery chargers at $18.50.
In: Accounting
Bramble Electronics operates as a decentralized company.
Bramble’s Battery division manufactures batter chargers that are
sold both externally to outside customers and internally to the
Camera division. Battery division’s annual capacity is 83,700
units. The revenue and costs associated with one battery charger
are as follows:
| Selling Price to external customers | $21 | |
| Variable Cost | 13 | |
| Fixed Cost (based on capacity) | 4 |
The Camera division would like to purchase 25,110 units of battery
chargers; however, Cameron, the manager of the Camera division, is
able to purchase the battery charger from an overseas supplier at
$19.
Assuming the Battery division operates at 85% capacity, what is the range of the transfer price, if any, for the battery charger? Cameron has learned that the Battery division operates below its capacity. He is willing to pay up to $18.50 for a battery charger. Should the Battery division accept the offer at $18.50?
| Minimum | ? TP ? |
Maximum |
The range $_______ ? TP ? $_________
The Battery division _____(should/should not) accept the offer to transfer the battery chargers at $18.50.
In: Accounting
Describe THREE (3) categories of e-commerce revenue models with ONE (1) real-life example for each model. Below are the guidelines of answer. DO NOT use guidelines below as the answer of question.
Answer:
First let me list the three :
1. Affiliate marketing
2. Online advertising
3. Transaction fees
Explanation:
1. Affiliate marketing enables you to earn revenue by marketing or
offering another product for sale on your site. For example, you
may reference a book you read and recommend your customers get a
copy for themselves. You could also set up an affiliate account and
place a direct link to the book on the Amazon site, which will pay
you a percentage of the sale. If you decide to participate in
affiliate marketing, you\'ll need to research which companies might
provide you with a financial incentive for promoting their sites on
your page.
When you\'re just starting out, the money you earn from affiliate
marketing may be just a small, supplemental amount. However, as
traffic to your site increases, you may enjoy more substantial
income.
2. Online advertising is a very popular revenue model for
e-commerce businesses. In this method, companies or organizations
buy advertising space on your site, provide a designed ad or
written message, and then pay you for promoting their messages.
Media sites, such as magazines, newspapers, and television channels
typically use online advertising.
Two common types of online advertising include pay-per-click and
pay-per-view, which determine how much advertisers will pay for
their advertisements. While some sites charge a set fee for placing
an ad, most pay a set fee for each person who clicks on a link or
views a page related to the advertiser. As traffic to your site
grows and more people click on an advertiser\'s link or view a
related page, you\'ll earn more advertising revenue.
3. Transaction fees are the charges a company pays for using their
service. If you\'ve ever sold anything on eBay, you know there\'s a
set price for posting a product for sale. Each time a transaction
happens, you pay a small fee to eBay for marketing your product.
Whether you charge a small fee for a company to list a transaction
or for someone to view a video, transaction fees can be a sizable
if the traffic to the website is substantial.
Examples of the firms that use these revenue models are:
1. TDC and Orange are using Affiliate marketing .
2. Coco Cola , AMEX , Mint are using Online advertising .
3. Google (e.g. AdWords and AdSense),Facebook,New York Times
(Marketing) are using Transaction fees
In: Operations Management
Mattel (U.S.) achieved significant sales growth in its major international regions between 2001 and 2004. In its filings with the United States Security and Exchange Commission (SEC), it reported both the amount of regional sales and the percentage change in those sales resulting from exchange rate changes.
|
Mattel's Global Sales |
|||||
|
2001 |
2002 |
2003 |
2004 |
||
|
Sales (000) |
Sales (000) |
Sales (000) |
Sales (000) |
||
|
Europe |
$936,022 |
$1,124,887 |
$1,361,823 |
$1,415,367 |
|
|
Latin America |
462,868 |
457,233 |
468,153 |
533,251 |
|
|
Canada |
163,332 |
163,459 |
179,525 |
197,670 |
|
|
Asia Pacific |
119,045 |
136,654 |
161,697 |
202,013 |
|
|
Total International |
$1,681,267 |
$1,882,233 |
$2,171,198 |
$2,348,301 |
|
|
United States |
3,383,701 |
3,419,301 |
3,194,417 |
3,203,969 |
|
|
Sales Adjustments |
(384,129) |
(422,984) |
(423,471) |
(445,113) |
|
|
Total Net Sales |
$4,680,839 |
$4,878,550 |
$4,942,144 |
$5,107,157 |
|
|
Impact of Change in Currency Rates |
|||||
|
Region |
2001-2002 |
2002-2003 |
2003-2004 |
||
|
Europe |
6.9% |
14.9% |
7.9% |
||
|
Latin America |
−9.1% |
−6.2% |
−2.1% |
||
|
Canada |
0.1% |
11.1% |
4.8% |
||
|
Asia Pacific |
3.1% |
13.1% |
5.8% |
||
a. What was the percentage change in sales, in U.S. dollars, by region?
b. What were the percentage change in sales, by region, net of currency change impacts?
c. What impact did currency changes have on the level and growth of consolidated sales between 2001 and 2004?
In: Finance
High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 14 percent are recognized publicly for their achievement by the Department of the Treasury. Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized? (Round your answer to 2 decimal places.)
In: Statistics and Probability
A nonprofit company concerned with the school dropout rates has designed a tutoring program aimed at students between 16 to 18 years old. A national center for educational statistics reported that the high school dropout rate for the year 2000 was 10.9%. One school district, who adopted the use of the nonprofit's tutoring program and whose dropout rate has always been very close to the national average, reported in 2004 that 183 of their 1772 students dropped out. Is their experience evidence that the tutoring program has been effective?
In: Statistics and Probability
9. Woolworths Limited is a publicly listed corporation. Its core
business is in supermarkets. Woolworths has decided to set up a
major hardware goods chain in competition with the Wesfarmers
Limited-owned Bunnings stores. Woolworths needs to raise additional
equity capital to fund the expansion. The company advisors
recommend the board of directors choose between a pro-rata rights
issue and a private placement. Explain each of these funding
alternatives and discuss the advantages and disadvantages of each
alternative.
In: Finance