In taking a new business into Egypt Define the problem: who is affected? Where are they? What are the costs that an individual suffering from the problem bears?
In: Operations Management
The once-fringe fantasy of a return to the gold standard is creeping back into the mainstream. It has long been dismissed as a fool’s errand, on par with abandoning the Federal Reserve and other trappings of the modern economy. Mainstream economists deride it almost without exception. Reintroducing the gold standard would “be a disaster for any large advanced economy,” says the University of Chicago’s Anil Kashyap, who connects enthusiasm for it with “macroeconomic illiteracy.” His colleague, Nobel laureate Richard Thaler, struggles with its very underlying principle: “Why tie to gold? Why not 1982 Bordeaux?” (Quartz, July 2019) Briefly, why are economists cool to the idea of the US returning to the gold standard?
In: Economics
Week 3 Term Project - Conch Republic Electronics I think you will find an Excel spreadsheet to be the most effective way of completing this assignment. Use the attached Conch Republic Spreadsheet to help you. Conch Republic Electronics Conch Republic Electronics is a mid sized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is a personal digital assistant (PDA). Conch Republic currently has one PDA model on the market, and sales have been excellent. The PDA is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current PDA has limited features in comparison with newer models. Conch Republic developed a prototype for a new PDA that has all the features of the existing PDA but adds new features such as cell phone capability. The company has performed a marketing study to determine the expected sales figures for the new PDA. Conch Republic can manufacture the new PDA for $200 each in variable costs. Fixed costs for the operation are estimated to run $4.5 million per year. The estimated sales volume is 70,000, 80,000, 100,000, 85,000, and 75,000 per each year for the next five years, respectively. The unit price of the new PDA will be $340. The necessary equipment can be purchased for $16.5 million and will be depreciated on a 5 year straight-line schedule. Net working capital investment for the PDAs will be $6,000,000 the first year of operations. Of course NWC will be recovered at the projects end. Conch Republic has a 35 percent corporate tax rate and a 12 percent required return. Shelly has asked Jay to prepare a report that answers the following questions: What is the IRR of the project? What is the NPV of the project, based on the required rate of return of 12%?
In: Finance
Hannah Legaleagle is an attorney. She is an Irish citizen who vacationed in the U.S. for 14 days in 2017. Because of her fondness for living in the U.S., Hannah’s Irish employer law firm, gave her a temporary assignment in the U.S. from August 1 through December 31, 2018. She earned $120,000 while working in the U.S. , earned $220,000 for the year working in Ireland, and she also earned about $40,000 in interest and dividends, all from Irish banks and publicly traded Irish companies.
Hannah asks you to advise her of the U.S. tax consequences for 2018.
In: Accounting
According to a study done by a university student, the probability a randomly selected individual will not cover his or her mouth when sneezing is 0.267. Suppose you sit on a bench in a mall and observe people's habits as they sneeze.
(a) What is the probability that among 8 randomly observed individuals exactly 4 do not cover their mouth when sneezing?
(b) What is the probability that among 18 randomly observed individuals fewer than 6 do not cover their mouth when sneezing?
(c) Would you be surprised if, after observing 18 individuals, fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability
According to a study done by a university student, the probability a randomly selected individual will not cover his or her mouth when sneezing is
0.267. Suppose you sit on a bench in a mall and observe people's habits as they sneeze.
(a) What is the probability that among 18 randomly observed individuals exactly 8 do not cover their mouth when sneezing?
(b) What is the probability that among 18 randomly observed individuals fewer than 3 do not cover their mouth when sneezing?
(c) Would you be surprised if, after observing 18 individuals, fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability
According to a study done by a university student, the probability a randomly selected individual will not cover his or her mouth when sneezing is 0.2670.
Suppose you sit on a bench in a mall and observe people's habits as they sneeze.
(a) What is the probability that among 18 randomly observed individuals exactly 5 do not cover their mouth when sneezing?
(b) What is the probability that among 18 randomly observed individuals fewer than 3 do not cover their mouth when sneezing?
(c) Would you be surprised if, after observing 18 individuals, fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability
According to a study done by a university student, the probability a randomly selected individual will not cover his or her mouth when sneezing is 0.267. Suppose you sit on a bench in a mall and observe people's habits as they sneeze. (a) What is the probability that among 10 randomly observed individuals exactly 7 do not cover their mouth when sneezing? (b) What is the probability that among 10 randomly observed individuals fewer than 5 do not cover their mouth when sneezing? (c) Would you be surprised if, after observing 10 individuals, fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability
According to a study done by a university student, the probability a randomly selected individual will not cover his or her mouth when sneezing is
0.267
Suppose you sit on a bench in a mall and observe people's habits as they sneeze.
(a)
What is the probability that among
18
randomly observed individuals exactly
4
do not cover their mouth when sneezing?
(b)
What is the probability that among
18
randomly observed individuals fewer than
6
do not cover their mouth when sneezing?
(c)
Would you be surprised if, after observing 18
individuals, fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability
According to a study done by a university student, the
probability a randomly selected individual will not cover his or
her mouth when sneezing is 0.267. Suppose you sit on a bench in a
mall and observe people's habits as they sneeze.
(a) What is the probability that among 16 randomly observed
individuals exactly 5 do not cover their mouth when
sneezing?
(b) What is the probability that among 16 randomly observed
individuals fewer than 6 do not cover their mouth when
sneezing?
(c) Would you be surprised if, after observing 16 individuals,
fewer than half covered their mouth when sneezing? Why?
In: Statistics and Probability