A. In your own words, please identify two different stock exchanges in the United States. Describe the similarities and differences between the two stock exchanges. Identify one stock from each of the two stock exchanges. B. Using the two stocks you identified, determine the free cash flow from 2013 & 2014. What inference can you draw from the companies’ free cash flow? C. Using the most recent financial statements for both stocks, prepare two financial ratios for each of the following categories: liquidity ratios, asset management ratios, and profitability ratios. You should have a total of six ratios for each stock, per year. What challenges, strengths, or weaknesses do you see? Please be articulate.
In: Accounting
Bighorn sheep are beautiful wild animals found throughout the western United States. Let x be the age of a bighorn sheep (in years), and let y be the mortality rate (percent that die) for this age group. For example, x = 1, y = 14 means that 14% of the bighorn sheep between 1 and 2 years old died. A random sample of Arizona bighorn sheep gave the following information: x 1 2 3 4 5 y 15.4 20.3 14.4 19.6 20.0 Σx = 15; Σy = 89.7; Σx2 = 55; Σy2 = 1,640.77; Σxy = 277.6 (a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to three decimal places.) x = y = b = ŷ = + x (b) Draw a scatter diagram for the data. Plot the least-squares line on your scatter diagram. WebAssign Plot WebAssign Plot WebAssign Plot WebAssign Plot (c) Find the sample correlation coefficient r and the coefficient of determination r2. (Round your answers to three decimal places.) r = r2 = What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.) %
In: Statistics and Probability
The United States and the European Union have been pressing China's government to alter its exchange rate policy to allow more flexibility, presumably so that the yuan will appreciate by a substantial amount. What has been and are China's policies toward the foreign exchange market? From the point of view of China's government and the well-being of the Chinese economy and people, what are the main reasons for the Chinese government to allow more flexibility and (probably) substantial yuan appreciation? What are the main reasons for China's government to maintain its current exchange rate policy?
In: Economics
Congratulations! You have just been elected to the United States House of Representatives to represent your district in our nation's capitol. As your first order of business, you have been selected to address your colleagues in the house on the subject of Community Development Block Grants (CDBG) and other taxpayer funded community development initiatives. You have 2 minutes to argue for one of the following points:
In: Economics
Japanese automobiles comprise approximately 20% of all new car sales in the United States. Suppose a state licensing office received 100 requests for license plates for new cars during a given week.
a) What is the probability that 25 or more of the license requests are for Japanese cars?
b) What is the probability that no more than 10 of the requests are for Japanese cars?
c) What is the probability that at least 10, but no more than 20, Japanese cars are represented within the group?
In: Statistics and Probability
Davis Stores sells clothing in 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are interested in estimating costs in potential new locations. They believe that costs are driven in large part by store volume measured by revenue. During a discussion, one of the managers suggests that number of employees might be better at explaining cost than store revenues. As a result of that suggestion, managers collected the following information from last year’s operations (revenues and costs in thousands of dollars):
| Store | Costs | Employees | Revenues |
| 101 | $5,727 | 52 | $4,866 |
| 102 | 2,252 | 29 | 6,436 |
| 103 | 2,628 | 45 | 2,448 |
| 104 | 1,815 | 26 | 4,870 |
| 105 | 3,413 | 36 | 6,087 |
| 106 | 3,695 | 53 | 5,331 |
| 107 | 5,591 | 57 | 3,218 |
| 108 | 3,376 | 51 | 3,544 |
| 109 | 4,856 | 45 | 3,675 |
| 110 | 5,273 | 52 | 3,464 |
| 111 | 2,653 | 43 | 3,098 |
| 112 | 2,976 | 38 | 2,562 |
| 113 | 5,446 | 53 | 3,507 |
| 114 | 4,772 | 31 | 4,588 |
| 115 | 1,715 | 25 | 3,768 |
e-1. Enter the regression coefficients.
e-2. Estimate the cost of a store with revenues of $3.40 million and 51 employees using the results of a multiple regression of store costs on store revenues and employees.
In: Statistics and Probability
In: Economics
Background: Accounting scandals and fraud, both in the United States and internationally, have re-ignited the debate over the current laws, regulation and accounting principles. The relative merits of GAAP, which takes a “rules-based” approach to accounting, versus IFRS, which takes a “principles-based” approach have been under scrutiny. In the last couple of years, the FASB announced that it intends to introduce more principles-based standards to improve general accounting principles and practices.
Organizations have internal control measures to detect fraud. In additions, organizations are subjected to required reporting of financial information to external entities. With that in mind, answer the following items in your initial discussion response:
Make sure your initial response contains 175- to 265-words.
APA Formatting: Use citations where appropriate and list references.
In: Accounting
What is your favorite color? A large survey of countries, including the United States, China, Russia, France, Turkey, Kenya, and others, indicated that most people prefer the color blue. In fact, about 24% of the population claim blue as their favorite color.† Suppose a random sample of n = 57 college students were surveyed and r = 11 of them said that blue is their favorite color. Does this information imply that the color preference of all college students is different (either way) from that of the general population? Use α = 0.05. (a) What is the level of significance? State the null and alternate hypotheses. H0: p = 0.24; H1: p ≠ 0.24 H0: p = 0.24; H1: p < 0.24 H0: p ≠ 0.24; H1: p = 0.24 H0: p = 0.24; H1: p > 0.24 (b) What sampling distribution will you use? The standard normal, since np < 5 and nq < 5. The standard normal, since np > 5 and nq > 5. The Student's t, since np < 5 and nq < 5. The Student's t, since np > 5 and nq > 5. What is the value of the sample test statistic? (Round your answer to two decimal places.) (c) Find the P-value of the test statistic. (Round your answer to four decimal places.) Sketch the sampling distribution and show the area corresponding to the P-value. WebAssign Plot WebAssign Plot WebAssign Plot WebAssign Plot (d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level α? At the α = 0.05 level, we reject the null hypothesis and conclude the data are statistically significant. At the α = 0.05 level, we reject the null hypothesis and conclude the data are not statistically significant. At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are statistically significant. At the α = 0.05 level, we fail to reject the null hypothesis and conclude the data are not statistically significant. (e) Interpret your conclusion in the context of the application. There is sufficient evidence at the 0.05 level to conclude that the true proportion of college students favoring the color blue differs from 0.24. There is insufficient evidence at the 0.05 level to conclude that the true proportion of college students favoring the color blue differs from 0.24.
In: Statistics and Probability
A group of 50 Coca-Cola Bottlers in the United States sued the Coca-Cola Company when it announced a plan to ship its powerade sports drink directly to Walmart warehouses, thus upsetting the established chain of distribution. Coa-Cola uses a distribution system called :direct-to-store delivery" that relies on the licensed bottlers to package and deliver Coca-Cola products to retailers. Bottlers also set up retail displays and stock the shelves. Rival Pepsi-Cola, which markets Gatorade, the competitor to Powerade, ships its products directly to retailers's warehouses.Coca-Cola says forcing them to distribute their products through bottlers will make them less competitive. from Walmart perspective, cutting the bottlers out of the channel of distribution could reduce their operating costs and therefor increase their profits. Walmart's margin on Gatrorade is 30%, but on Powerade it is only 20%.
Not all retailers have warehouses. Convenience stores and smaller independent grocery stores don’t have them. Assuming that the Coca-Cola bottlers deliver to these stores as well as Walmart, why were they so upset about the possibility of losing just one customer?
WRITE AN ESSAY OF 250 - 300 WORDS
In: Economics