A number of experts warn of adverse consequences of a Donald Trump presidency on certain types of foreign companies. Specifically, they are concerned about a 35% tariff imposed on automobile exports into the United States. Describe how the following companies can deal with this kind of risk.

a.General Motors, a US company with operations in Mexico.

b.Toyota Motors, the Japanese automobile MNC with manufacturing plants in many countries such as US Mexico, and Japan.

In the 21st century the relationships amongst the various levels of government in what is known as Federalism, has changed radically since the founding of the republic. What is Federalism and why is our government founded on such a principle, and what are the implications of such a principle for public administrators responsible for the efficient and effective delivery of public and quasi-public goods and services in a dynamic political economy?

What are companies’ biggest obstacles to attracting the best talent? Of 406 surveyed U.S. talent acquisition professionals, 215 reported that competition is the biggest obstacle at their company. At the 0.05 level of significance, is there evidence that the proportion of all talent acquisition professionals who report competition is the biggest obstacle to attracting the best talent at their company is different from 50%?

1. Wages of $12,000 are earned by workers but not paid as of December 31.
2. Depreciation on the company’s equipment for the year is $10,240.
3. The Office Supplies account had a $330 debit balance at the beginning of the year. During the year, $4,879 of office supplies are purchased. A physical count of supplies at December 31 shows $538 of supplies available.
4. The Prepaid Insurance account had a $5,000 balance at the beginning of the year. An analysis of insurance policies shows that $2,400 of unexpired insurance benefits remain at December 31.
5. The company has earned (but not recorded) $750 of interest revenue for the year ended December 31. The interest payment will be received 10 days after the year-end on January 10.
6. The company has a bank loan and has incurred (but not recorded) interest expense of $5,000 for the year ended December 31. The company will pay the interest five days after the year-end on January 5.

For each of the above separate cases, prepare adjusting entries required of financial statements for the year ended (date of) December 31.

3.Yahoo said people who subscribe to the download service on a monthly basis will see their memberships increase from $6.99 per month to $11.99 per month. Portal company Yahoo Inc. ( Nasdaq: YHOO - news) informed customers of its subscription music download service that it will increase pricing for users who transfer their tunes onto portable devices or CDs. Explain yahoo’s pricing strategy

1. Computers R US took out a 9 month, 4.25, $17,000 note on August 1, 2019 with interest and principal to be paid on maturity.

2. On October 1, 2019, Computers R US rented some storage space at a rate of $450 per month. On that date, Computers R US recorded Rent Expense for six months rent paid in advance.

3. Computers R US purchased $4,780 of office supplies during the year and the asset office supplies account was increased A count of the supplies on hand Dec 31, 2019, indicates a balance of $485.

4. $16,500 of store supplies were purchased during the year and were immediately expensed. A count of the store supplies on hand December 31, 2019, indicates a balance of $1.275.

5. On June 1, 2019 an 18-month insurance policy was purchased for $9,000.

6. On Dec 1, 2019, Computers R US collected $32,000 for consulting services to be performed from Dec. 1, 2019 to Feb. 28, 2020. The company credited the revenue account when paid.

7. On October 1, 2019, Computers R Us issued a 5-month note receivable to Morerams Inc. at an annual interest rate of 5%. Principle and interest will be paid at the end of the 5-months. The note was recorded in Notes Receivable and is the only note outstanding.

8. The company rented idle office space to Bytes and Bits on June 1, 2019, at a rate of $1500 per month. On this date Computers R Us credited Unearned Rent Revenue for one year of rent received in advance.

9. Computers R Us is open seven days a week and has a daily payroll of $5,430. Employees are paid every Friday, December 31 is a Monday. 40% of the payroll is for office employees, 60% of payroll is for sales employees.

10.  Depreciation for store equipment is based on the following: • Straight Line Depreciation • Store equipment – Assets were held for the entire year; Residual Value = $8,200; Service life is estimated to be 6 years.

11. Depreciation for office equipment is based on the following: • Double-Declining Method • Office equipment – Assets were purchased July 1; Residual Value = $4,000; Service life is estimated to be 4 years.

12. At 12/31/2019, based on the aging method, Computers R US determines that uncollectible accounts are $13,850.

13. Utilities expense of $3,700 remained unpaid. 40% of the utilities expense is for office and 60% of utilities expense is for the store.

Based on the following information,

a. Prepare a worksheet (Show formulas and use an "IF" statement)

b. Prepare the adjusting journal entries

c. Prepare a multiple step income statement

d. Prepare a statement of retained earnings

e. Prepare a balance sheet

f. Prepare the closing entries

Trump’s imposition of $260 billion tariff in the Month of May 2019 (taxes on imports to the US Market) on Chinese exports to the US has caused a global tension in financial markets and related business activities. In retaliation of Trump’s tariff, China also imposed almost similar amount of tariff on US exports to China about $200 billon. In response to this trade war between the US and China, the US stock price indices of the Wall Street plummeted in May and June 2019. Th stock market in Shanghai in China also crashed at the same time. The data on new job for the US economy in May showed a very slow rate of job creation at the same time. Given this scenario from the US-China trade war and given your knowledge on macro model of AD an AS, do you think the the retaliation of China in response to Trump’s Tariff would have a negative impact on the US economy in near future? Give your reason in your opinion as to why or why not the case.

IBM., a successful US-based MNC, is considering how to obtain funding for a project in Argentina during the next year. It considers the following information:
• US Risk free rate= 8%
• Argentine risk free rate=12%
• Risk premium on dollar-denominated debt provided by US creditors=3%
• Risk premium on peso-denominated debt provided by US creditors=5%
• Beta of project (expected sensitivity of project returns to US investors
response to the US market)=1.5
• Beta of project (expected sensitivity of project returns to AR investors
response to the AR market)=1.8
• Expected US market return=15%
• Expected AR market return=14%
• Us corporate tax rate=30%
• Argentine corporate tax rate =30%
Creditors will likely allow no more than 50 percent of the financing to be in the form of debt, which implies that equity must provide at least 50% of the financing that can be financed from subsidiary also. But financing fragment cannot be less than 20%.

Trump’s imposition of $260 billion tariff in the Month of May 2019 (taxes on imports to the US Market) on Chinese exports to the US has caused a global tension in financial markets and related business activities. In retaliation of Trump’s tariff, China also imposed almost similar amount of tariff on US exports to China about $200 billon. In response to this trade war between the US and China, the US stock price indices of the Wall Street plummeted in May and June 2019. Th stock market in Shanghai in China also crashed at the same time. The data on new job for the US economy in May showed a very slow rate of job creation at the same time. Given this scenario from the US-China trade war and given your knowledge on macro model of AD an AS, do you think the the retaliation of China in response to Trump’s Tariff would have a negative impact on the US economy in near future? Give your reason in your opinion as to why or why not the case.or paste question here