Representatives of hotels, restaurants, hotel and restaurant supply companies, and other businesses located in Portland, Oregon, organized an association to attract conventions to their city. Members were asked to make contributions equal to 1 percent of their sales to finance the association. To aid collections, hotel members, including Hilton Hotels Corporation, agreed to give preferential treatment to suppliers who paid their assessments and to curtail purchases from those who did not. This agreement violated federal antitrust laws. The United States sued the members of the association, including Hilton Hotels, for the crime of violating federal antitrust laws. Can a corporation be held criminally liable for the acts of its representatives? If so, what criminal penalties can be assessed against the corporation? United States v. Hilton Hotels Corp., 467 F.2d 1000, Web 1972 U.S. App. Lexis 7414 (United States Court of Appeals for the Ninth Circuit)

For manufacturing operations, it is sometimes wise to disperse them – as a means of controlling risk, or where the shipping cost of getting to the customer is a high percentage of the total product cost. What are any two reasons why you might elect to centralize manufacturing all in one spot, rather than dispersing?

Bankone issued 200 million worth of one-year CD liabilities in Brazilian reals at a rate of 6.5 percent. The exchange rate of U.S. dollars for Brazilian reals at the time of the transaction was 0.305/br1 (lG9-5)

a) Is Bankone exposed to an appreciation or depreciation of the U.S. dollar relative to the Brazilian real?

b) What will be the percentage cost to Bankone on this CD if the dollar depreciates relative to the Brazilian real such that the exchange rate of U.S. dollars for Brazilian reals is $0.325/Br 1 at the end of the year?

c)What will be the percentage cost to Bankone on this CD if the dollar appreciates relative to the Brazilian real such that the exchange rate of U.S. dollars for Brazilian reals is $0.285/Br 1 at the end of the year?

3. What is a “euro-euro” deposit?

4. Contrast foreign bonds and Eurobonds

6. Define market segmentation and explain its causes. What are the main advantages and disadvantages for a firm to be in a segmented market?

9. A US firm borrows yen at 4% for one year. The current spot exchange rate is 100yen/$ but is expected to change to 110yen/$ during the year. What is the expected dollar cost (in percentage) of the yen borrowing?

10. *The US firm borrows euros at 5% for one year. The spot exchange rate is 1.4$/euro, and one-year forward exchange rate is 1.35$/euro. What is the exchange risk-covered dollar cost of (in percentage) euro borrowing?

Common-size and trend percentages for a company’s net sales, cost of goods sold, and expenses follow:

Required:
a. Calculate the profit percentage for 2015, 2016 and 2017. (Round the final answers to 2 decimal places.)   

b. Determine whether the company’s profit increased, decreased, or remained unchanged during this three-year period.    

Light rays that are near to and parallel to the principle axis are called

paraxial rays.   

parabolic rays.   

paranormal rays.

The far point of the eye decreases to 5 m and near point increases to 1m. Then, Find the power of the lens.