*Why the differerent forms of connectivity and flows are different facets of globalization?
*What do Flusty(2004) means by "different globalities represents different forms of globalization"?
*Why we see different dynamics depending on the globality?

Q#1.  According to the Wall Street Journal (WSJ), Apple, Inc. (AAPL) announced in 2013 a 7-for-1 stock split. Similarly, many other publicly traded companies have announced stocks splits. Most stock holders as well as some analysts and traders believe that a stock split would definitely benefit current shareholders and raise the firm’s overall market value. You read in chapter 14 that, in theory, a 7:1 split would increase the number of outstanding shares seven fold and cut down the post-split stock price to 1/7 of pre-split price, thus leaving Apple's shareholders' wealth unchanged. This theory asserts that stock prices should increase only when a firm generates more earnings (cash flows) which will raise earnings per share. But stock splits do not generate any additional earnings (cash flows) for the firm. So you are puzzled why some shareholders, traders, and analysts adamantly believe that stock splits benefit shareholders. Please explain whether or not stock splits in general would benefit a firm's current shareholders with at least a 5-year investment (holding) horizon. You would want to use your understanding of chapter 14 stock split material, especially the signaling aspects of stock splits, optimal stock price range theory, and past empirical evidence in your explanation. Limit your answers to no more than ten (10) sentences.

Each of the following independent cases involves interest payments and the issue is interest deductibility.

Case A: Abby Brown borrowed $ 250,000 and invested the entire loan proceeds in publicly traded securities. After 5 months, the securities’ value dropped to $ 150,000. At this point, Abby Brown sold the securities and used the proceeds to reduce the loan to $ 100,000. Since she no longer owns the securities, can Abby Brown deduct the interest on the remaining loan amount of $ 100,000? Explain your conclusion.

Case B: Bob Corner owned securities that had a current fair market value of $ 500,000. Using his margin balance available from his stockbroker, he borrowed $ 55,000 to finance a necklace purchase to give to his mother. During the time period when the margin loan was outstanding, he paid $2,000 interest on it. Can he deduct this interest against the $ 11,000 income earned during this period on his securities? Explain your conclusion.

Case C: Carrie Down borrowed $ 75,000 and used the funds to acquire an income producing property. She then sold the property for $ 190,000. She used the proceeds to acquire two properties: property A cost $ 50,000 and property B cost $ 140,000. How will the $ 75,000 in borrowing be linked to the two properties?

Case D:Donald East borrowed $ 300,000 and used the funds to purchase an income producing property. Later on, he sold the property for $ 140,000. He used the $ 140,000 to acquire two properties: property A cost $ 40,000 and property B cost $ 100,000. How will the $ 300,000 in borrowing be linked to the two properties?

6.4) 1. U.S. Internet advertising revenue grew at the rate of

R(t) = 0.82t + 1.14    (0 ≤ t ≤ 4)

billion dollars/year between 2002

(t = 0)

and 2006

(t = 4).

The advertising revenue in 2002 was $5.9 billion.†

(a)

Find an expression f(t) giving the advertising revenue in year t.

f(t) =

(b)

If the trend continued, what was the Internet advertising revenue in 2009? (Enter your answer in billions of dollars. Round your answer to two decimal places.)

$ billion

6.5 1.) The increase in carbon dioxide (CO₂) in the atmosphere is a major cause of global warming. Using data obtained by Charles David Keeling, professor at Scripps Institution of Oceanography, the average amount of CO₂ in the atmosphere from 1958 through 2010 is approximated by

A(t) = 0.012313t² + 0.7545t + 313.9    (1 ≤ t ≤ 53)

where A(t) is measured in parts per million volume (ppmv) and t in years, with t = 1 corresponding to 1958.† Find the average amount of CO₂ in the atmosphere from 1958 through 2010. (Round your answer to two decimal places.)

6.7.1) It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is

p =

dollars. Determine the consumers' surplus if the market price is set at $15/unit. (Round your answer to two decimal places.)
$

6.7.2) The manufacturer of a brand of mattresses will make x hundred units available in the market when the unit price is

p = 150 + 90e^0.04x

dollars.

(a) Find the number of mattresses the manufacturer will make available in the market place if the unit price is set at $400/mattress. (Round your answer to the nearest integer.)
mattresses

(b) Use the result of part (a) to find the producers' surplus if the unit price is set at $400/mattress. (Round your answer to the nearest dollar.)
$

In 2004, Google launched its IPO via Dutch Auction. Different from traditional IPO processes(Firm commitment and Best efforts), Dutch Auction allows every investor, including small investors, to submit her bids online for IPO shares. It does not involve the “road show” or book building from investment banks.

Google’s IPO price was $85, and it opened at $100 at the first day of trading, reflecting a 17.6 percent underpricing. 83 percent of the IPOs issued between January and November 2004 experienced less underpricing than Google did. In your opinion, if Google had adopted a traditional IPO process, would Google have been able to set up a higher IPO price? Please explain.

In 2004, Google launched its IPO via Dutch Auction. Different from traditional IPO process we described in handout 2, Dutch Auction allows every investor, including small investors, to submit her bids online for IPO shares. It does not involve the “road show” or book building from investment banks.

Google’s IPO price was $85, and it opened at $100 at the first day of trading, reflecting a 17.6 percent underpricing. 83 percent of the IPOs issued between January and November 2004 experienced less underpricing than Google did. In your opinion, if Google had adopted a traditional IPO process, would Google have been able to set up a higher IPO price? Please explain.

The Sarbanes Oxley (SOX) Act was passed in 2002 as a result of corporate scandals and in as attempt to regain public trust in accounting and reporting practices. Two random samples of 1015 executives were surveyed and asked their opinion about accounting practices in both 2000 and in 2006. The table below summarizes all 2030 responses to the question, “Which of the following do you consider most critical to establishing ethical and legal accounting and reporting practices?” Did the distribution of responses differ from 2000 to 2006?

1. Determine and state whether this is a test of Goodness of Fit, a test of homogeneity or a test of association (or independence). Include in your statement a justification for your choice.
2. Write the correct Null and Alternate Hypotheses for the test
3. Perform the test using Minitab (remember to include the output in your Word document)
4. State your decision, and why you made this choice
5. Give a conclusion in the context of the problem. If you make the decision to reject the null hypothesis, be sure to comment on the bar chart.

The following is a list of the accounts and balances taken from the adjusted trial balance at December 31, 2021 for, Meilleur Merchants. The list of accounts is in alphabetical order. All accounts have normal balances.

Meilleur uses a periodic inventory system and the earnings approach to recognize revenue.

Additional information: According to the year-end physical count, the merchandise inventory had a balance of $104,700.

Prepare a multiple-step income statement for Meilleur Merchants for the year ended December 31, 2021.

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.

1. To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:

a. Vision b. Mission

c. Business objective.

d. Product and type of services.

2. Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.

3. Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.

4. 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? 5. Identify the various consumer decision processes for the Target Corporation customer?

6. How will you establish the market research for making better decision to establish and enhance the marketing?

7. 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? 8. How Target Corporation, KSA will manage all of their products and services?

• The word count for this assignment must be between 2500 to 3000 words.

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. 1. To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings: a. Vision b. Mission c. Business objective. d. Product and type of services. ? 2. Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia. 3. Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia. 4. 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? 5. Identify the various consumer decision processes for the Target Corporation customer? 6. How will you establish the market research for making better decision to establish and enhance the marketing? 7. 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? 8. How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?