Duncan Street Company (DSC), a British company, is considering establishing an operation in the United States to assemble and distribute smart speakers. The initial investment is estimated to be 25,000,000 British pounds (GBP), which is equivalent to 30,000,000 U.S. dollars (USD) at the current exchange rate. Given the current corporate income tax rate in the United States, DSC estimates that total after-tax annual cash flow in each of the three years of the investment’s life would be US$10,000,000, US$12,000,000, and US$15,000,000, respectively. However, the U.S. national legislature is considering a reduction in the corporate income tax rate that would go into effect in the second year of the investment’s life and would result in the following total annual cash flows: US$10,000,000 in year 1, US$14,000,000 in year 2, and US$18,000,000 in year 3. DSC estimates the probability of the tax rate reduction occurring at 50 percent. DSC uses a discount rate of 12 percent in evaluating potential capital investments. Present value factors at 12 percent are as follows: Period PV Factor 1. . . . . . 0.893 2. . . . . . 0.797 3. . . . . . 0.712 The U.S. operation will distribute 100 percent of its after-tax annual cash flow to DSC as a dividend at the end of each year. The terminal value of the investment at the end of three years is estimated to be US$25,000,000. The U.S. withholding tax on dividends is 5 percent; repatriation of the investment’s terminal value will not be subject to U.S. withholding tax. Neither the dividends nor the terminal value received from the U.S. investment will be subject to British income tax. Exchange rates between the GBP and USD are forecasted as follows: Year 1 GBP 0.74 = USD 1.00 Year 2 GBP 0.70 = USD 1.00 Year 3 GBP 0.60= USD 1.00 Required:
A. Determine the expected net present value of the potential U.S. investment from a parent company perspective.
In: Accounting
In the country of United States of Heightlandia, the height
measurements of ten-year-old children are approximately normally
distributed with a mean of 55.6 inches, and standard deviation of
3.4 inches.
A) What is the probability that a randomly chosen child has a
height of less than 57.7 inches?
Answer= (Round your answer to 3 decimal places.)
B) What is the probability that a randomly chosen child has a
height of more than 47.2 inches?
Answer= (Round your answer to 3 decimal places.)
In: Math
The Great Financial Crisis (GFC) in the United States: Causes and Policy Responses Goal Analyze the recent (2008-2009) episode in the United States – the Great Financial Crisis (or Great Contraction). Your job is to write a 500-word essay that will: (a) discuss the antecedents to the episode – seeds of the crisis that were previously sown. Then, using the IS-LM model, show both (b) the shocks to the economy which occurred and (c) the government policy response. Also, provide a short discussion of the implications for health care business/industry. Background Although it happened some time ago, the Great Financial Crisis (GFC) of 2008-2009 continues to be heavily discussed, including in the popular press. For this assignment, you should read the article “A warning from the almost-depression” by Robert Samuelson, Washington Post, September 16, 2018. For several reasons, this episode is well-suited to the IS-LM model. Your job is to discuss that episode using the model. PLEASE PROVIDE THE REFERENCES THAT YOU USED AND NO Plagiarism (DO NOT COPY FROM OTHER ANSWERS).
The answer should be in the following Format:
our final submission should include the following:
1. You should have two graphs based on the IS-LM model:
a. Graph #1: shows the shock(s) that initially took place during the crisis. In other words, how did the IS and/or LM curves move?
i. You can approximate these shifts within reason, they do not need to be exact.
b. Graph #2: shows the effects of the main policy responses by the U.S. government and the Fed.
2. A discussion/memo that answers the following questions:
a. What factors led to the GFC? Hint: the Samuelson article provides a good jumping off point.
b. Why did Graph #1 shift the way it did? Were they big or small shifts?
c. What are the policies shown in Graph #2 and what were their purposes?
d. What are the cons of using the IS-LM model to describe the GFC?
In: Economics
QUESTION 2
Part 1
In a survey of 800 college students in the United States, 608 indicated that they believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action. Assuming that the sample is representative of college students in the United States, construct a 95% confidence interval for the proportion of college students who have this belief. (Use a table or technology. Round your answers to three decimal places.)
(___,___)
PART B
Interpret the interval. Chose 1
A. We are 95% confident that the mean number of U.S. college students who believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action falls within this interval.
B. There is a 95% chance that the true proportion of U.S. college students who believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action falls within this interval.
C. There is a 95% chance that the true proportion of U.S. college students who believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action falls directly in the middle of this interval.
D. We are 95% confident that the true proportion of U.S. college students who believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action falls within this interval.
E. We are 95% confident that the true proportion of U.S. college students who believe that a student or faculty member on campus who uses language considered racist, sexist, homophobic, or offensive should be subject to disciplinary action falls directly in the middle of this interval.
In: Math
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.
Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States.
As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices.
Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:
Vision
Mission
Business objective.
Product and type of services.
Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.
Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.
How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales?
Identify the various consumer decision processes for the Target Corporation customer?
How will you establish the market research for making better decision to establish and enhance the marketing?
How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers?
How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?
Assignment Workload:
The word count for this assignment must be between 2500 to 3000 words.
In: Operations Management
In 1999, the United States was experiencing a fairly strong economic recovery, ahead of other nations. Fears of an overheating economy led to sudden inflationary fears for the next few years.
3 - Would you expect U.S. interest rates to rise or drop?
4 - Would you expect the dollar to depreciate or appreciate?
5 - Would you expect a foreign bond portfolio to be a good investment compared to a U.S. dollar portfolio under this scenario?
6 - Is currency risk a barrier to international investing? Please explain.
7 - Should nominal interest rates be equal across countries? Why or why not?
8 - Explain how total portfolio risk can be decomposed in various risk exposures and indicate why risk decomposition can be a complex exercise.
9 - List and explain a couple of factors that introduce potential biases in performance and risk measurement of portfolios.
10 - What factors would influence a U.S. business firm to go overseas?
In: Finance
Of all cities in the United States, Amherst, New York, has the fewest number of days per year clear of clouds, 4.4. Other cities with very few clear days include Buffalo, New York, Lakewood, Washington, and Seattle, Washington. Suppose a random year is selected. (Round your answers to four decimal places.)
(a)
What is the probability that Amherst will have exactly four days clear of clouds?
(b)
What is the probability of fewer than six days clear of clouds?
(c)
What is the probability of at least nine days clear of clouds?
(d)
Suppose that between 2 and 11 (inclusive) days are clear of clouds. What is the probability of more than five days clear of clouds?
this is all the data provided for this question.
In: Math
Assume that the United States invests heavily in government and corporate securities of South Korea (hereafter, ‘Korea’). In addition, residents of Korea invest heavily in the United States. Approximately $20 billion worth of investment transactions occur between these two countries each year. The total dollar value of trade transactions per year is about $15 million. This information is expected to also hold in the future. Explain how each of the following conditions will affect the value of Korean currency, won, holding other things equal. a) U.S. inflation has suddenly increased substantially, while Korean inflation remains low. b)U.S. interest rates have increased substantially, while Korean interest rates remain low. Investors of both countries are attracted to high interest rates. c) The U.S. income level increased substantially, while Korean income level has remained unchanged d) The U.S. is expected to impose a small tariff on goods imported from Korea. e) Combine all expected impacts to develop an overall forecast.
In: Finance
Assume you live in a mid-size city in United states, in the State of Texas. You are starting a healthy energy drink company. Targeting the fitness community in your area. How will you ensure consistent quality in your products and processes? How do your company’s standards compare with the industry standards? Any bench marking etc. Please answer all the questions. Thank you in advance.
In: Operations Management
Assume that the United States invests heavily in government and
corporate securities of South Korea (hereafter, ‘Korea’). In
addition, residents of Korea invest heavily in the United States.
Approximately $20 billion worth of investment transactions occur
between these two countries each year. The total dollar value of
trade transactions per year is about $15 million. This information
is expected to also hold in the future.
Explain how each of the following conditions will affect the value
of Korean currency, won, holding other things equal.
a) U.S. inflation has suddenly increased substantially, while
Korean inflation remains low.
b)U.S. interest rates have increased substantially, while Korean
interest rates remain low. Investors of both countries are
attracted to high interest rates.
c) The U.S. income level increased substantially, while Korean
income level has remained unchanged
d) The U.S. is expected to impose a small tariff on goods imported
from Korea.
e) Combine all expected impacts to develop an overall forecast.
In: Finance