Barcelona Machine Tools. Oriol​ D'ez Miguel​ S.R.L., a manufacturer of heavy duty machine tools near​ Barcelona, ships an order to a buyer in Jordan. The purchase price is

€426,000.

Jordan imposes a

12%

import duty on all products purchased from the European Union. The Jordanian importer then​ re-exports the product to a Saudi Arabian​ importer, but only after imposing its own resale fee of

29%.

Given the following spot exchange rates on April​ 11, 2010, what is the total cost to the Saudi Arabian importer in Saudi Arabian​ riyal, and what is the U.S. dollar equivalent of that​ price?  ​(Click on the

  

icon to import the table into a​ spreadsheet.)

Currency Crossrate	Spot Rate
Jordanian dinar​ (JD) per euro ​(€​)	0.962
Jordanian dinar​ (JD) per U.S. dollar​ ($)	0.718
Saudi Arabian riyal​ (SRI) per U.S. dollar​ ($)	3.731

The spot​ rate, Saudi Arabian riyal per Jordanian dinar is SRI

nothing​/JD.

​(Round to five decimal​ places.)

In 2013, Slim Drug Company began to notice problems with its obesity drug. The company stopped selling the drug near the end of 2013. In the last six months of 2014, the company was sued by 1,000 people who had an allergic reaction to the company’s obesity drug. At the end of 2014, the company’s lawyers believe there is a 60% chance the company will need to make payments in the range of $1,000 to $5,000 to settle each claim. At the end of 2015 while none of the cases have been resolved, the company’s lawyers now believe there is an 80% chance the company will need to make payments in the range of $2,000 to $7,000 to settle each claim. In 2016, 400 claims were settled at a total cost of $1.2 million. Based on this experience, the company believes 30% of the remaining cases will be settled for $3,000 each, 50% will be settled for $5,000 and 20% will be settled for $10,000 each.

Required: Using AASB Standards, show what journal entries would be required in 2013, 2014, 2015 and 2016.

Question 1

Alex is a young investor with high risk tolerance level and hopes to earn money as fast as he can. Analyse each of the following plans and evaluate which is the most suitable plan for Alex.

(1) Dollar-cost averaging
(2) Constant-dollar plan
(3) Constant-ratio plan
(4) Variable-ratio plan

Question 2

An investor estimates that next year’s net income for Hilary Pullman Hotel would be RM 8 million. The company has 0.5 million shares outstanding and decided to pay RM 0.5 million to the preferred stockholders from its net income. Listed companies similar to Hilary Pullman Hotel have been recently reported to have an average price/earnings ratio of 4 times. Given the information, calculate the expected price of the stock and evaluate the problems in using Price/earnings ratio method of valuing the shares of a company.

Question 3

Two securities – PohKeong Gold and Mama Care are currently being considered by Jason. He is considering either to invest 100% in PohKeong Gold or building a portfolio that consist of both security – 60% in PohKeong Gold and 40% in Mama Care. The probability distribution of expected returns of these assets are shown in the following table.

State of Economy Probability Return on PohKeong Gold Return on Mama Care
Bear 0.30 3% 2%
Bull 0.70 18% 10%

(i) Calculate the expected return for each of the two alternatives.
(ii) Calculate the standard deviation of returns of the two alternatives.
(iii) Evaluate the investors decisions, based on the above calculations

Question 4

Given the following situations, evaluate in each scenario whether the hypothesis of an efficient capital market of semi-strong form is violated.

(i) Through the introduction of an advanced webinar into the analysis of the past share price movements, a brokerage firm is able to predict price movements are able to earn consistent 1% profit more than normal market returns after adjusted for risk.

(ii) On average, investors in the stock market this year are expected to earn a positive return on their investment. Some investors will earn considerably more than others.

(iii) You have discovered that the square root of any given stock price multiplied by the day of the month provides an indication of the direction in price movement of that particular stock with a probability of 20%.

A magnetic field of 37.2 T has been achieved at the MIT Francis Bitter National Magnetic Laboratory. Find the current needed to achieve such a field
a) 2.00 cm from a long straight wire
b) At the centre of a circular coil of radius 42.0 cm that has 100 turns
c) Near the center of a solenoid with radius 2.40 cm, length 32.0 cm and 40000 turns

What effect will each of the following have on the demand for product B? Indicate how the demand side will change for each one.

a) Product B becomes more fashionable. b) The price of substitute product C falls. c) Income declines and product B is an inferior good. d) Consumers anticipate that the price of B will be lower in the near future. e) The price of complementary product D falls.

Conduct an online search about the following topic:
Effect of Transmission Lines Electric Fields on Humans (depending on voltage levels, safe distance
from power lines, risk of working or living near power lines).
Your findings should be presented in the form of a word file consisZng of 4 pages (including
diagrams, pictures, other graphics) with Times New Roman font, size 12.

10. (a) The persistent organic pollutants (POPs) that transport via atmosphere into the Arctic have their unique chemical signature. Explain this statement by comparing their chemical properties with POPs that stay near the source region and appropriate examples. (b) Describe the significance of the global distillation model in understanding the long-distance transport of POPs to the arctic. (c) What are the long-term ecological and human ramifications of POPs contamination in the arctic.

In each​ case, find the approximate sample size required to construct a 90​% confidence interval for p that has sampling error SE=0.07. a. Assume that p is near 0.4. b. Assume that you have no prior knowledge about​ p, but you wish to be certain that your sample is large enough to achieve the specified accuracy for the estimate.

a. The approximate sample size is _____

b. The approximate sample size is _____

1. Explain how Na2CO3 of primary standard grade can be prepared from primary standard grade NaHCO3? 2. Why is it common practice to boil the solution near the equivalence point in the standardization of acid with Na2CO3? 3. Calculate the molar concentration of a dilute HCl solution if titration of 0.2694 g of primary standard Na2CO3 required 38.77 mL of the acid (products CO2 and H2O).