Use the following data to answer the next question: ============================================================================= # Hofstede's Individualism: Denmark: 74; England: 89; Greece: 35; Ireland: 70; Malaysia: 26; Portugal: 27; Russia: 39; Singapore: 20; South Korea: 18 # Hofstede's Power Distance: Denmark: 18; Greece: 60; England: 35; Ireland: 28; Malaysia: 100; Portugal: 63; Russia: 93; Singapore: 74; South Korea: 60 # Hofstede's Uncertainty Avoidance: Denmark: 23; England: 35; Greece: 100; Ireland: 35; Malaysia: 26; Portugal: 99; Russia: 95; Singapore: 8; South Korea: 85 # Hofstede's Masculinity: Denmark: 16; England: 66; Greece: 57; Ireland: 68; Malaysia: 50; Portugal: 31; Russia: 36; Singapore: 48; South Korea: 39 # Hofstede's Indulgence: Denmark: 70; England: 69; Greece: 50; Ireland: 65; Malaysia: 57; Portugal: 33; Russia: 20; Singapore: 46; South Korea: 29 ============================================================================= Imagine you were sent by your multinational company to a foreign subsidiary to start a new product line. However, since the beginning there was quite a bit of confusion in headquarters about the launch’s timeline. It was not exactly clear when the product should be launched, and to what extent the product should be changed to fit the needs of the local market. As time passed, you grew tense and restless, you could not sleep or function properly due to the situation at work. Your fellow countrymen understood what you felt, as they would feel exactly as you did. However, to your surprise, your local counterparts were quite undisturbed, and would calmly say that they would adapt to whatever decisions were made, and that it would all go well in the end. According to the data provided, and assuming the listed variables is all the information you have, there is a much greater probability that you were sent to a country such as ________, than to _______ : Group of answer choices
Portugal; Denmark
Greece; Malaysia
South Korea; Malaysia
Singapore; Russia
In: Economics
I would like for the project to be on Amazon
The Project to be addressed by the Paper:
You have just graduated from Keiser University’s MBA program and have secured a position as a fund manager for a well known investment banking house. You have been given $25 million to manage/invest in a single stock. The fund is a pension/retirement fund so its perspective is long term with moderate risk of loss of capital and a required return of 9% per annum. Your assignment is to determine if the fund you are managing should invest $25 million dollars in the stock of the company you have selected for your first analysis/investment decision. Select a publicly traded US based company. Do not select a bank or financial intermediary (i.e Investment Bank, Insurance Company, Brokerage House etc). Your decision to invest or not invest will be supported by the research paper and a Power Point Presentation.
NOTE: Most of the data needed for this assignment can be found in Yahoo/finance. Go to Yahoo/finance, select your company, and view the table of contents on the left side of the page.
Your analysis, based on the concepts covered in this course, will address each of the following:
1. Business Strategy Analysis: Develop an understanding of the business and
competitive strategies of the company. Which of the three generic competitive
strategies does the company utilize (low cost provider, differentiation, focus)? This should be covered in not more than three paragraphs. Do not spend time
writing a history of the company. This is an analysis, not a history lesson.
2. Accounting Analysis: Do the accounting practices adopted by the company
generally reflect an accurate picture of the economic performance of the
company? Did your research find any public announcements of restatement of earnings or other financial statements that would indicate that the financial statements may be of dubious value? This can be done by reviewing the company's 8K filings with the SEC (a mandatory requirement for this paper). These filings can generally be found on the company's website under Investor Relations - SEC filings.
3. Financial Analysis: Analyze financial ratios and cash flow measures of the
company relative to its historical performance. For purposes of this research paper a 2 year look back is sufficient and required. You must use at least 10 of the ratios noted on page 119 of the text including all four of the profitability ratios. (Liquidity: Current; Quick; Total assets assets turnover; fixed assets turnover; Days sales outstanding (DSO); Inventory turnover; Debt-to-assets ratio; Times-interest-earned; profit margin on sale; Basic earning power; return on total assets
4. Prospective Analysis: Develop forecasted performance measures and list the
assumptions associated with your forecast. List your assumptions and reasons for your forecast. You may also cite the works of other analysts who have published forecasted earnings for the time frame you are addressing. (Hint: take a look at Yahoo/finance - analysts opinion
5. Conclusion: Will you or will you not invest $25 million in this particular
Company? Support your conclusion? Remember a negative conclusion is just as valid and valuable as a positive conclusion.
In: Accounting
| Year | Qtr | t | revenue ($M) |
| 2011 | 1 | 1 | 5.889 |
| 2 | 2 | 6.141 | |
| 3 | 3 | 8.272 | |
| 4 | 4 | 9.302 | |
| 2012 | 1 | 5 | 6.436 |
| 2 | 6 | 6.932 | |
| 3 | 7 | 8.987 | |
| 4 | 8 | 10.602 | |
| 2013 | 1 | 9 | 7.517 |
| 2 | 10 | 7.731 | |
| 3 | 11 | 9.883 | |
| 4 | 12 | 12.098 | |
| 2014 | 1 | 13 | 8.487 |
| 2 | 14 | 8.685 | |
| 3 | 15 | 11.559 | |
| 4 | 16 | 15.221 | |
| 2015 | 1 | 17 | 11.132 |
| 2 | 18 | 11.203 | |
| 3 | 19 | 13.83 | |
| 4 | 20 | 16.979 | |
| 2016 | 1 | 21 | 12.312 |
| 2 | 22 | 13.452 | |
| 3 | 23 | 17.659 | |
| 4 | 24 | 21.655 | |
| 2017 | 1 | 25 | 17.197 |
| 2 | 26 | 19.05 | |
| 3 | 27 | 22.499 | |
| 4 | 28 | 25.629 |
Perform a linear time series regression (“Trend Analysis” in Minitab or “Trendline” in Excel) of the historical data. For the parts below, generate a regression output report produced in either Excel or Minitab and submit it with your completed test.
a. Attach a copy of your “Trend Analysis” or “Trendline” graph in a space created BELOW.
b. State (here) the equation of the fitted regression line.
c. On the basis of this regression analysis, calculate and state numerical values of the sales revenue forecasts for all four quarters of 2018.
d. Calculate and state (here) the RMSE of this simple linear regression. [Hint: Different from forecasting, for regression RMSE = √SSE/√(n-2).]
In: Statistics and Probability
|
Participant |
Daily calorie count Prior to intervention |
Daily calorie count After intervention |
|
1 |
2456 |
2107 |
|
2 |
2789 |
2014 |
|
3 |
2694 |
2006 |
|
4 |
2984 |
2479 |
|
5 |
2654 |
2109 |
A) What type of t-test would you use here?
B) Carry out an appropriate t test investigating the effectiveness of the new weight loss intervention at reducing overall calorie intake with alpha=.05. Be sure to include each of the four steps of hypothesis testing. Do not use excel or graphing calculator.
In: Statistics and Probability
The claims department at Wise Insurance Company believes that younger drivers have more accidents and, therefore, should be charged higher insurance rates. Investigating a sample of 1,200 Wise policyholders revealed the following breakdown on whether a claim had been filed in the last 3 years and the age of the policyholder. Is it reasonable to conclude that there is a relationship between the age of the policyholder and whether or not the person filed a claim? Use the .05 significance level. Age Group No Claim Claim 16 up to 25 170 74 25 up to 40 240 58 40 up to 55 400 44 55 or older 190 24 Total 1,000 200 With Excel inputs and formulas
In: Statistics and Probability
Determining Lower of Cost or Net Realizable Value (NRV)
Crane Company had the following inventory at December 31, 2017.
| Unit Price | |||
|---|---|---|---|
| Quantity | Cost | NRV | |
| Desks | |||
| Model 9001 | 74 | $190 | $210 |
| Model 9002 | 49 | 280 | 268 |
| Model 9003 | 24 | 350 | 360 |
| Cabinets | |||
| Model 7001 | 124 | 60 | 64 |
| Model 7002 | 84 | 95 | 88 |
| Model 7003 | 54 | 130 | 126 |
a. Determine the ending inventory amount by applying the net
realizable value rule to:
1. Each item of inventory.
$Answer
2. Each major category of inventory.
$Answer
3. Total inventory.
$Answer
In: Accounting
CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following:
|
Service |
Description |
Processing Time |
Resource |
|
A. Wash |
Exterior car washing and drying |
10 minutes |
1 automated washing machine |
|
B. Wax |
Exterior car waxing |
15 minutes |
1 automated waxing machine |
|
C. Wheel Cleaning |
Detailed cleaning of all wheels |
16 minutes |
1 employee |
|
D. Interior Cleaning |
Detailed cleaning inside the car |
20 minutes |
1 employee |
The company offers the following packages to their customers:
• Package 1: Includes only car wash (service A).
• Package 2: Includes car wash and waxing (services A and B).
• Package 3: Car wash, waxing, and wheel cleaning (services A, B, and C).
• Package 4: All four services (A, B, C, and D).
Customers of CC Car Wash visit the station at a constant rate (you can ignore any effects of variability) of 50 customers per day. Of these customers, 30 percent buy Package 1, 30 percent buy Package 2, 15 percent buy Package 3, and 25 percent buy Package 4. The mix does not change over the course of the day. The store operates 10 hours a day.
g. What resource has the highest utilization rate? Input 1 for washing machine, input 2 for waxing machine, input 3 for employee at C, input 4 for employee at D.
Your answer is .
In: Operations Management
After the first three cases were culture confirmed, the management at the factory requested that workers report any symptoms of illness that they might have experienced during the month of July. Of the 3155 employees, 74 reported gastrointestinal symptoms (i.e., diarrhea) in July and stool samples were obtained from these workers. Of the 74 workers who reported that they were ill, 56 were culture-confirmed. Based on retrospective interviews, the onset dates for diarrhea for these 56 workers were as follows:
|
Date of Onset |
Number Cases |
|
July 15 |
3 |
|
July 16 |
6 |
|
July 17 |
8 |
|
July 18 |
10 |
|
July 19 |
13 |
|
July 20 |
6 |
|
July 21 |
4 |
|
July 22 |
6 |
In: Civil Engineering
Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information:
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | ||||
| Budgeted Unit Sales | 31,000 | 51,000 | 25,500 | 51,000 | |||
|
|
|||||||
Each T-shirt is expected to sell for $21.
The purchasing manager buys the T-shirts for $8 each.
The company needs to have enough T-shirts on hand at the end of each quarter to fill 31 percent of the next quarter’s sales demand.
Selling and administrative expenses are budgeted at $62,000 per quarter plus 18 percent of total sales revenue.
Required:
1. Determine budgeted sales revenue for each quarter
|
2. Determine budgeted cost of merchandise
purchased for each quarter
|
3. Determine budgeted cost of good sold for each
quarter.
|
4. Determine selling and administrative expenses for each quarter.
|
5. Complete the budgeted income statement for each
quarter.
|
|||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
UX COMPANY
Comparative Balance Sheets
December 31, 2018 and 2017
($ in 000s)
2018, 2017
Assets :(Cash $67.... $37) (Accounts receivable $61.....$81) (Less: Allowance for uncollectible accounts:$(6)....$(5) )(Dividends receivable $4.....$3) (Inventory $89...$67 ) (Long-term investment $49...$27 ) (Land $143....$73 ) (Buildings and equipment $208...$284 )(Less: Accumulated depreciation $(42)....$(84) totals $573 ....$483
Liabilities : (Accounts payable $30....$54 ) (Salaries payable $4 ...$10 ) (Interest payable $6 ....$4 ) (Income tax payable $24.... $30 ) (Notes payable $70 ... 0 ) (Bonds payable $129....$87 ) (Less: Discount on bonds $(19)...$(37)
Shareholders' Equity: (Common stock $227....$217 ) (Paid-in capital—excess of par $38...$37 ) (Retained earnings $84....$81 ) (Less: Treasury stock $(20)...0 ) ( totals $573....$483 )
|
DUX COMPANY Income Statement For Year Ended December 31, 2018 ($ in 000s) |
||||||
| Revenues | ||||||
| Sales revenue | $ | 360 | ||||
| Dividend revenue | 9 | $ | 369 | |||
| Expenses | ||||||
| Cost of goods sold | 137 | |||||
| Salaries expense | 42 | |||||
| Depreciation expense | 39 | |||||
| Bad debt expense | 1 | |||||
| Interest expense | 25 | |||||
| Loss on sale of building | 3 | |||||
| Income tax expense | 34 | 281 | ||||
| Net income | $ | 88 | ||||
Additional information from the accounting records:
1. A building that originally cost $108,000, and which was three-fourths depreciated, was sold for $24,000. 2. The common stock of Byrd Corporation was purchased for $22,000 as a long-term investment. 3. Property was acquired by issuing a 15%, seven-year, $70,000 note payable to the seller. 4. New equipment was purchased for $32,000 cash. 5. On January 1, 2018, bonds were sold at their $42,000 face value.6. On January 19, Dux issued a 3% stock dividend (1,000 shares). The market price of the $10 par value common stock was $11 per share at that time. 7. Cash dividends of $74,000 were paid to shareholders. 8. On November 40,000 shares of common stock were repurchased as treasury stock at a cost of $20,000.
Required:
Prepare the statement of cash flows for Dux Company using the
indirect method. (Do not round intermediate
calculations. Amounts to be deducted should be indicated with a
minus sign. Enter your answers in thousands. (i.e., 10,000 should
be entered as 10).))
In: Accounting