Questions
The academic paper by Martin, McNally, and Kay (2013) asserts that: Select one: Academic research on...

The academic paper by Martin, McNally, and Kay (2013) asserts that: Select one: Academic research on business start-ups does not help the aspiring entrepreneur. Academic research on business start-ups is useful for the aspiring entrepreneur. Ninety per cent of woman’s clothing stores fail within three years. None of the statements here are asserted by that academic paper.

In: Accounting

Suppose you are a Chief Financial Officer (CFO) of a UK based listed Part A -...

Suppose you are a Chief Financial Officer (CFO) of a UK based listed Part A - company. The company is currently trading at £10 per share and 10 million shares in issue. The total market value of the issued share capital of the company is £100 million. You have been requested to write a report to the board of directors with respect to raising an additional funding of £50 million to enable the next stage of development of international projects to be carried out. Note 2: For the report in Part A, it should critically review the advantages and disadvantages of the main funding options and have many appropriate academic references to strengthen your discussion. Further, your report should form the basis for a discussion at the next board meeting. In particular, you are required to include the different financing choices available through the equity and debt markets.

Part B - This additional funding will allow the business to become more global with the opportunity to develop a market in numerous countries with payment being made in the local currency. The directors are conservative in their attitude to risk. You have been requested to provide a report to the directors critically evaluating alternative derivatives including forwards, futures, options and swaps that are available in the market in order to minimize the risk with respect to payment in international currencies. : For the report in Part B. it should critically discuss and compare the use of derivatives including forwards, futures, options and swaps to hedge Foreign Exchange (FX) Risk. With reference to appropriate academic references, discussions must include: • how it works in mitigating FX risk. advantages and disadvantages of each type of derivative in managing FX risk.  

Can you please assist in answering Part B in bold. thank you

In: Finance

You are an owner of Carrefour supermarket. You have made feature advertisings for last three years....

You are an owner of Carrefour supermarket. You have made feature advertisings for last three years. You want to know the effectiveness of this feature advertising on store traffic(numbers of shoppers) in different week. In data set, you have: average numbers of shoppers, average numbers of feature advertising, and average price each week.

With the tables bellow it was done a REGRESSION model in Excel and you should interpret the results obtained from the equation based on the questions.

Q1. Consider a regression model (Model I) that has feature advertising as a single independent variable with intercept. Estimate your model and interpret your estimation results.

Regression Statistics
Multiple R 0,53969388
R Square 0,29126948
Adjusted R Square 0,28666733
Standard Error 205,827509
Observations 156
ANOVA
df SS MS F Significance F
Regression 1 2681275,289 2681275,3 63,28992304 3,59619E-13
Residual 154 6524204,403 42364,964
Total 155 9205479,692
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95,0% Upper 95,0%
Intercept 609,046483 19,25202773 31,635446 2,91178E-69 571,0143324 647,0786342 571,0143324 647,0786342
feature 9,48205612 1,191887424 7,9554964 3,59619E-13 7,127496744 11,83661549 7,127496744 11,83661549

Q2. Update above regression model (Model II) by adding an additional independent variable. average price in order to capture the effect of price promotion activities such as coupon during week. Estimate your model and interpret your estimation results. Do you think which model makes more sense between Model I and Model II? Why?

Regression Statistics
Multiple R 0,547853773
R Square 0,300143756
Adjusted R Square 0,290995309
Standard Error 205,202155
Observations 156
ANOVA
df SS MS F Significance F
Regression 2 2762967,255 1381483,628 32,80816251 1,39052E-12
Residual 153 6442512,437 42107,92443
Total 155 9205479,692
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95,0% Upper 95,0%
Intercept 960,3924697 252,9768793 3,796364602 0,000211191 460,6137971 1460,171142 460,6137971 1460,171142
feature 7,806303253 1,690984733 4,616424443 8,21304E-06 4,465610192 11,14699631 4,465610192 11,14699631
price -65,10617381 46,74276697 -1,392860929 0,165682458 -157,4507315 27,2383839 -157,4507315 27,2383839
year month week_id shoppers feature price
2001 200101 1 673 0 5,283581
2001 200101 2 225 2,75 5,485372
2001 200101 3 614 1,5 5,458567
2001 200101 4 537 41 4,496669
2001 200102 5 592 0 5,133277
2001 200102 6 984 11,75 4,792256
2001 200102 7 946 0 5,236702
2001 200102 8 830 0 5,391892
2001 200103 9 774 2 5,478373
2001 200103 10 1102 2 5,336039
2001 200103 11 605 2 5,456661
2001 200103 12 677 6 5,450694
2001 200104 13 509 0 5,633399
2001 200104 14 758 23,5 4,486229
2001 200104 15 888 22 4,546779
2001 200104 16 616 3 5,220925
2001 200104 17 952 33 4,702368
2001 200105 18 708 0 5,452373
2001 200105 19 701 0 5,387118
2001 200105 20 730 0 5,349753
2001 200105 21 708 0 5,462288
2001 200106 22 792 0 5,401755
2001 200106 23 345 18 4,612751
2001 200106 24 1109 18 4,358693
2001 200106 25 726 15,75 5,033526
2001 200107 26 687 19,5 5,280568
2001 200107 27 687 17,25 5,259636
2001 200107 28 584 0 5,463938
2001 200107 29 571 1 5,530473
2001 200107 30 689 6 5,546923
2001 200108 31 775 2 5,494922
2001 200108 32 556 2,5 5,451241
2001 200108 33 815 19,5 5,083509
2001 200108 34 720 33 4,340006
2001 200109 35 789 0 5,632332
2001 200109 36 659 2,25 5,235402
2001 200109 37 624 2 5,658558
2001 200109 38 595 0 5,615277
2001 200109 39 675 0 5,497289
2001 200110 40 921 21,25 4,682004
2001 200110 41 677 0 5,560798
2001 200110 42 954 33 4,933386
2001 200110 43 768 0 5,616354
2001 200111 44 667 0 5,613973
2001 200111 45 670 0 5,715224
2001 200111 46 858 1,5 5,730711
2001 200111 47 976 19 5,032326
2001 200112 48 733 4,5 5,676139
2001 200112 49 581 2,25 5,690723
2001 200112 50 603 0 5,675589
2001 200112 51 794 0 5,562544
2001 200112 52 1450 27 4,608759
2002 200201 53 654 0 5,770627
2002 200201 54 619 1,5 5,580953
2002 200201 55 703 0 5,646799
2002 200201 56 888 33 4,745466
2002 200202 57 691 0 5,723213
2002 200202 58 625 0 5,720224
2002 200202 59 485 1,5 5,879711
2002 200202 60 549 0 5,846466
2002 200203 61 606 0 5,921452
2002 200203 62 1017 18 4,716539
2002 200203 63 534 0 5,608539
2002 200203 64 467 0 5,876981
2002 200203 65 538 0 5,443104
2002 200204 66 201 0 5,789117
2002 200204 67 492 0 5,638577
2002 200204 68 1120 54 4,25556
2002 200204 69 666 2,5 5,491502
2002 200205 70 577 2 5,725875
2002 200205 71 565 3,75 5,654425
2002 200205 72 606 1,5 5,560462
2002 200205 73 700 17,5 5,266714
2002 200206 74 564 0 5,633777
2002 200206 75 1250 55,5 4,233248
2002 200206 76 727 0 5,382765
2002 200206 77 587 0 5,425247
2002 200206 78 532 0 5,626429
2002 200207 79 523 3 5,600956
2002 200207 80 566 0 5,584081
2002 200207 81 2210 10,5 5,629781
2002 200207 82 493 0 5,655822
2002 200208 83 897 0 5,555638
2002 200208 84 498 0 5,393614
2002 200208 85 534 0 5,545618
2002 200208 86 587 14,25 5,562061
2002 200209 87 1352 38,25 4,343809
2002 200209 88 654 0 5,12393
2002 200209 89 715 0 5,138755
2002 200209 90 422 0 5,746588
2002 200209 91 442 0 5,68457
2002 200210 92 485 0 5,685258
2002 200210 93 815 18,25 4,631718
2002 200210 94 580 0 5,768603
2002 200210 95 550 2,25 5,737655
2002 200211 96 546 1,5 5,725092
2002 200211 97 497 2,25 5,572455
2002 200211 98 853 21 4,699285
2002 200211 99 1049 0 4,516387
2002 200212 100 1003 0 4,465075
2002 200212 101 535 0 5,603925
2002 200212 102 831 18 4,799904
2002 200212 103 967 30 4,534664
2002 200212 104 116 0 4,716788
2003 200301 105 475 0 5,841979
2003 200301 106 253 0 5,973202
2003 200301 107 384 0 5,863129
2003 200301 108 785 27 4,649205
2003 200302 109 521 0 5,647313
2003 200302 110 507 0 5,665049
2003 200302 111 524 0 5,634733
2003 200302 112 1012 63,75 4,11654
2003 200303 113 903 0 4,424862
2003 200303 114 627 0 5,000606
2003 200303 115 454 0 5,729229
2003 200303 116 454 0 5,627445
2003 200303 117 996 48,5 4,306096
2003 200304 118 1120 33 4,346304
2003 200304 119 526 0 5,048175
2003 200304 120 529 0 4,975217
2003 200304 121 635 0 4,986016
2003 200305 122 641 0 4,948768
2003 200305 123 782 34,25 4,508325
2003 200305 124 620 7,5 4,796823
2003 200305 125 542 0 4,881494
2003 200306 126 984 36,75 4,448232
2003 200306 127 718 0 4,490682
2003 200306 128 592 0 4,957027
2003 200306 129 500 0 4,9821
2003 200306 130 856 26,25 4,445394
2003 200307 131 559 0 5,008426
2003 200307 132 365 0 4,886243
2003 200307 133 572 0 4,797745
2003 200307 134 745 40,5 3,891976
2003 200308 135 785 30 3,937432
2003 200308 136 522 0 4,773736
2003 200308 137 658 0 4,868519
2003 200308 138 514 0 4,857374
2003 200308 139 540 0 4,897981
2003 200309 140 985 28,5 4,239318
2003 200309 141 522 0 4,667165
2003 200309 142 515 0 4,707379
2003 200309 143 975 33,75 4,319703
2003 200310 144 582 3 5,138866
2003 200310 145 223 4 5,417828
2003 200310 146 575 1,75 5,136574
2003 200310 147 965 37,5 4,336062
2003 200311 148 659 6 4,778194
2003 200311 149 634 0 4,776562
2003 200311 150 733 30 4,632115
2003 200311 151 716 0 4,749567
2003 200311 152 542 0 5,604184
2003 200312 153 524 0 5,545878
2003 200312 154 801 20 4,696554
2003 200312 155 702 25 5,194544
2003 200312 156 649 0 5,14775

In: Statistics and Probability

You have the following information regarding AJH Company: Sales 25,000 units per year at $45 per...

You have the following information regarding AJH Company:

Sales 25,000 units per year at $45 per unit

Production 30,000 units in 2004

At the beginning of 2004 there was no inventory.

Direct Materials are $12.00 per unit

Direct labor is $10.00 per unit

Variable manufacturing overhead costs are $8.00 per unit

Fixed manufacturing overhead costs are $150,000 per year

Marketing costs are all variable at $3.00 per unit

Administrative costs are all fixed at $75,000 per year

Required:

(a.) Prepare an income statement under absorption costing for 2004

(b.) Prepare an income statement under variable costing for 2004

(c.) Prepare an income statement under throughput costing for 2004.

In: Accounting

3 BREXIT: The financial risk increases significantly when the UK decide to leave the European Union....

3 BREXIT:

The financial risk increases significantly when the UK decide to leave the European Union. Use IS-LM model to analyze how the risk shock affects the real interest rate and the GDP in UK.

In: Economics

ACADEMIC FREEZE EXPLAIN THE MORAL CONTEXT, THE PURPOSE And the CONSEQUENCES OF IMPOSING ACADEMIC FREEZE THIS...

ACADEMIC FREEZE

EXPLAIN THE MORAL CONTEXT, THE PURPOSE And the CONSEQUENCES OF IMPOSING ACADEMIC FREEZE THIS SCHOOL YEAR?

EXPLAIN THE MORAL CONTEXT, THE MOTIVE AND THE ACT OF NOT IMPOSING ACADEMIC FREEZE THIS SCHOOL YEAR?

Thankyou. Essay type

In: Economics

IY1 Economics for Business Individual Course Work - Suggested Structure INTRODUCTION: Show an understanding of the...

IY1 Economics for Business Individual Course Work - Suggested Structure

  1. INTRODUCTION:

Show an understanding of the requirements of the assignment by:

  • Define Macroeconomics and identify the key macro-economic policy issues.
  • State how government influences these policy issues specifically in the context of the UK economy in 2019
  1. The Macro Economy
  • Identify the key participants/actors in an economy and their role in the circular flow
  • Briefly explain the relevance of the macroeconomic indicators and how the impact on a country’s economy
  • Identify the key macroeconomic objectives of governments in general but specifically the macro economic objectives of the UK government in the context of the UK economy in 2019.

  1. The Macro Economy and its impact on businesses
  • State how these macroeconomic indicators impact on businesses
  • Using relevant data give an overview of the UK macro-economic situation in 2019 and its impact on UK businesses
  1. Fiscal and Monetary policy
  • Explain fiscal and monetary policies and how government uses these policies to influence the macroeconomic indicators
  • Discuss how the UK government used fiscal and monetary policies to address some of the issues identified in your overview relating to UK businesses

  1. Support your essay with relevant data, diagrams and accurate Harvard Referencing style

Economic Objectives of government include

  • Sustainable economic growth
  • Low inflation (2% Per Annum)
  • High Employment / Full Employment
  • Favourable balance of payment/ Current account surplus
  • Rising Standard of living / Relative decline in poverty
  • Improvement in productivity
  • Good government finances- Low or reduced budget deficit
  • Reduction in Inequality
  • Improved economic well-being
  • Sustainable Environment

In: Economics

1 a b c 2 Aspen Industries INCOME STATEMENT 3 4 2004 2003 5 sales 285000...

1 a b c
2

Aspen Industries

INCOME STATEMENT

3
4 2004 2003
5 sales 285000 190,000
6

cost of goods sold

215000 143000
7 g. profit 70000 47000
8 operating expenses
9 variable expenses 28500 19000
10 fixed exp. 21000 20000
11 depreciation 10000

4500

12 total 59500 43500
13 EBIT 10500 3500
14 INTEREST EXP. 6100 3000
15 EBT 4400 500
16 TAXES 1540 175
17 NET INCOME 2860 325
18
19 NOTE
20 TAX RATE 35%
21 PAYOUT RATON 30%
22 DIVIDENTS 858
A b c
BALANCE SHEET
4 2003 2004
5 ASSETS
6

Cash

4,000

9,000

7

Accounts Receivable

16,000

12,500

8

Inventories

42,500

29,000

9 TOTAL C.A. 62500

50,500

10

Land

26,000

20,000

11

Buildings and Equipment

100,000

70,000

12

Accumulated Depreciation

(38,000)

(28,000)

13

Total Fixed Assets

88,000

62,000

14

Total Assets

150,500

112,500

15
16

Liabilities and Owner's Equity

17

Accounts Payable

22,298

10500
18

Short-term Bank Notes

47,000

17000
19

Total Current Liabilities

69,298

27,500

20

Long-term Debt

22,950

28,750

21

Common Stock

31,500

31,500

22

Retained Earnings

26,752

24,750

23

Total Liabilities and Owner's Equity

150,500

112,500

a. (6 points) Re-create the income statement and balance sheet using formulae wherever possible. Each statement should be on a separate worksheet. Try to duplicate the format exactly.

b. (4 points) On another worksheet, create a statement of cash flows for 2004. Do not enter any numbers directly on this worksheet. All formulae should be linked directly to the source on previous worksheets.

c. (1 point) Using Excel’s outlining feature, create an outline on the statement of cash flows that, when collapsed, shows only the subtotals for each section.

d. (2 points) Suppose that sales were $320,000 in 2004 rather than $285,000 (all other information remains unchanged). What is the 2004 net income and retained earnings?

e. (2 points) Undo the changes from Part d, and change the tax rate to 40% (all other information remains unchanged). What is the 2004 net income and retained earnings?

In: Accounting

SIU is a university in the UK catering for international students. There are currently 950 students....

SIU is a university in the UK catering for international students. There are currently 950 students. Fees were £16,000 for the last year and the president is concerned that adverse changes in the economic and educational environment are threatening the university’s future. The income of the market is expected to decline next year by 2%, and it is also expected that the average fee of competitive institutions will fall from £14,000 to £12,000. 10% of revenue is currently spent on promotion. The president does some research and estimates that the relevant demand elasticities are as follows:

PED = -1.6, YED = 2.2, AED = 1.8, CED = 0.8.

  1. Briefly outline other marketing mix options for achieving the target (50 words).

In: Economics

SIU is a university in the UK catering for international students. There are currently 950 students....

SIU is a university in the UK catering for international students. There are currently 950 students. Fees were £16,000 for the last year and the president is concerned that adverse changes in the economic and educational environment are threatening the university’s future. The income of the market is expected to decline next year by 2%, and it is also expected that the average fee of competitive institutions will fall from £14,000 to £12,000. 10% of revenue is currently spent on promotion. The president does some research and estimates that the relevant demand elasticities are as follows:

PED = -1.6, YED = 2.2, AED = 1.8, CED = 0.8.

  1. If fees are maintained at their current level, estimate the amount that would need to be spent on promotion to achieve the target.

In: Economics