The following table shows part of the probability distribution for the number of boats sold daily at Boats Unlimited. It is known that the average number of boats sold daily is 1.57. x f(x) 0 0.20 1 0.30 2 0.32 3 ? 4 0.05 5 ? Complete the distribution by computing the probabilities of selling 3 nd 5 boats per day.

All boats sell for $2000. What is the standard deviation of the daily revenue of the company?

Bluesteel is a SME that manufactures luxury goods for several well-known chain stores. In real terms, the company has experienced only a small growth in turnover in recent years, but it has managed to maintain a constant, if low, level of reported profits by careful control of costs. It has paid a constant nominal dividend for several years and its director has publicly stated that the primary objective of the company is to increase the wealth of shareholders. The capital structure of BlueSteel is as below £m Overdraft 1·0 10 year fixed interest bank loan 2·0 Share capital and reserves 4·5 ––– 7·5 ––– BlueSteel has the agreement of its existing shareholders to make a new issue of shares on the stock market but has been informed by its bank that current circumstances are unsuitable. The bank has advised that if new shares were to be issued now they would be significantly under-priced by the stock market, causing BlueSteel to issue many more shares than necessary in order to raise the amount of finance it requires. The bank recommends that the company waits for at least six months before issuing new shares, by which time it expects the stock market to have become strong-form efficient. Required: 3 Discuss the meaning and significance of the different forms of market efficiency (weak, semi-strong and strong) and comment on the recommendation of the bank that BlueSteel waits for six months before issuing new shares on the stock market.

An insurance company has commited to make a payment of $100,000 in 10 years. In order to fund this liability, the company has invested $27, 919.74 in a 5 year zero-coupon bond and $27,919.74 in a 15-year zero-coupon bond. The annual effective yield on all assets and liabilities is 6%. Determine whether the company's position is immunized.

Consider Ford Motor Company’s statement that appeared in its 2010 Annual Report:

The company’s four-point plan consists of: balancing our cost structure with our revenue and market share; accelerating development of new vehicles that customers want and value; financing our plan and rebuilding our balance sheet; and working together to leverage our resources around the world.

What are the implications of this strategy for financial management of Ford?

A study investigated the relationship between audit delay (Delay), the length of time from a company's fiscal year-end to the date of the auditor's report, and variables that describe the client and the auditor. The independent variables are as follows.

Industry A dummy variable coded 1 if the firm was an industrial company or 0 if the firm was a bank, savings and loan, or insurance company.

Public A dummy variable coded 1 if the company was traded on an organized exchange or over the counter; otherwise coded 0.

Quality A measure of overall quality of internal controls, as judged by the auditor, on a five-point scale ranging from "virtually none" (1) to "excellent" (5).

Finished A measure ranging from 1 to 4, as judged by the auditor, where 1 indicates "all work performed subsequent to year-end" and 4 indicates "most work performed prior to year-end."

A sample of 40 companies provided the following data.

Enter negative values as negative, if necessary.

a. Develop the estimated regression equation using all four independent variables (to 3 decimals, if necessary). Delay = -------- + -------- Industry + ------- Public + ------- Quality + -----------Finished .

b. What is the value of the coefficient of determination (to 3 decimals)? Note: report R 2 between 0 and 1.

Did the estimated regression equation in part (a) provide a good fit?

c. Which of the following is a scatter diagram for showing Delay as a function of Finished? What does this scatter diagram indicate about the relationship between Delay and Finished?

The scatter diagram of Delay and Finishing suggests exists between these two variables. Add Finished-Squared as a fifth independent variable. Use best subsets regression procedure to answer the following question.

Which independent variables provide the best regression model if two independent variables are in the model?

Which independent variables provides the best regression model if three independent variables are in the model?

d. Using the best subset regression procedure, how many independent variables are in the highest adjusted R 2 model?

What is the value of R 2(adj) (to 1 decimal)? Note: report R 2(adj) as a percentage.

------------%

Discuss a recent sexual harassment claim in the news and whether media coverage is beneficial or detrimental to reporting and reducing sexual harassment claims in the workplace. Should sexual harassment claims be addressed publicly or handled privately?

Melanie wants to add a direct quotation to her research paper about President Lincoln, from a book written by Joshua Wolf Shenk.  

Choose the correct way to cite the quotation in APA style.

• “Never had the conditions for a president-elect been so severe, and never had one seemed, by his credentials, so poorly prepared” (2005, Shenk, p. 172).

• “Never had the conditions for a president-elect been so severe, and never had one seemed, by his credentials, so poorly prepared” (Shenk, p. 172).

• “Never had the conditions for a president-elect been so severe, and never had one seemed, by his credentials, so poorly prepared” (Shenk, 2005, p. 172).

• “Never had the conditions for a president-elect been so severe, and never had one seemed, by his credentials, so poorly prepared” (Shenk, 2005).

In “Politics and the English Language,” George Orwell writes that every scrupulous writer should ask himself four questions about a piece of work.

Which question is NOT one of the four?

• How can I convince others to agree with me?

• What is my purpose?

• How can I best state my purpose?

• What image can best exemplify my purpose?

A company sells only one item with a marginal cost of $3 and there is a 50% probability of getting a high value customer who is willing to pay $8 and a 50% probability of getting a low value customer who is willing to pay $5. What is the expected profit? What about the expected profit if it was an auction? What about if it was an auction with three potential customers? What would be the important things to know to be able to compute the expected profit?

On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances:

The $42,000 beginning balance of inventory consists of 420 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions:

The following information is available on January 31, 2021.

1. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each.
2. The company estimates future uncollectible accounts. The company determines $5,200 of accounts receivable on January 31 are past due, and 30% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.)
3. Accrued interest expense on notes payable for January. Interest is expected to be paid each December 31.
4. Accrued income taxes at the end of January are $13,500.

Prepare a classified balance sheet as of January 31, 2021. (Amounts to be deducted should be indicated with a minus sign.)
  

Assignment: A complete analysis should include a summary of the case, a SWOT analysis, a financial analysis, identification of strategic issues and challenges, and a strategic plan. You must support your case analysis with at least 3 sources in addition to the textbook.

The case describes the business model of one of the world’s largest e-tailers, Amazon.com, Inc. (Amazon). Amazon had been at the forefront of innovation, adding and refining technology and changing the way customers shopped. It had a sustainable and innovative business model that intensely focused on its long-term growth opportunities as opposed to short-term profit margins. The case discusses the business model innovation at Amazon and how it evolved from just an online bookstore into one of the largest e-commerce platforms in the world where customers could find and discover anything they wanted to buy online in a more convenient way. The case outlines the four pillars of Amazon’s business model — low prices, wide selection, convenience, and customer service. Amazon attracted customers through low prices, prompt delivery, an ever-expanding array of services and products, and exemplary customer service.In 2015, Seattle-based e-commerce giant Amazon.com, Inc.(Amazon) surprised investors by posting an unanticipated second quarterly profit in a row after struggling with profitability the previous year. In the third quarter ended September 30, 2015, Amazon’s revenues increased by 20% to US$23.2 billion, while net income was US $79 million, compared with a net loss of US$437 million in the corresponding quarter of the previous year. The revenue growth was attributed to the company’s rapidly growing cloud-computing business, higher sales in North America, and initiatives to attract more customers. On the back of these unexpected quarterly results, Amazon shares surged, making it the most valuable retailer in the world surpassing Wal-Mart Stores Inc as of July 2015. BUILDING AND EVOLVING THE BUSINESS MODEL Over the years, Amazon had disrupted the online retail industry and transformed itself from an e-commerce player to a powerful digital media platform focused on growth and innovation. It constantly reinvented its business model and found new ways to create value for its customers. According to analysts, Amazon’s business model was innovative because it combined the company’s online retail expertise with its ability to understand the needs of its customers. Amazon moved beyond books to foray into completely new product categories such as e-readers and enterprise cloud computing services. AMAZON’S GROWTH WHEEL In 2001, Bezos and his employees outlined a virtuous cycle called the “Amazon Flywheel”, which they believed powered their business. Bezos once invited well-known author and business consultant Jim Collins (Collins) to participate in Amazon’s executive retreat in 2001 to discuss the company’s future. As part of the discussions, Collins told Bezos and his executives that they had to decide what they were best at. Drawing on Collins’s concept of a flywheel, Bezos and his executives drew their own virtuous circle placing customer experience at the core of Amazon’s flywheel. Internally, it was referred to as Bezos’ napkin diagram as he drew it on a napkin... GROWTH NOW, PROFITS LATER Amazon generated revenues by selling millions of products to customers through its retail website and by charging third party sellers who sold products on Amazon’s website. It also served as a platform for independent publishers to publish books on Kindle with a 35% or 70% royalty option. In addition, Amazon generated revenue from its cloud business by providing web technology infrastructure to developers and enterprises. It followed a high fixed costs and low marginal costs business model. According to Eugene Wei, a former Amazon employee... RESOURCES AND PROCESSES THAT SUPPORT THE STRATEGY Amazon was one of the most innovative companies in the US. From the beginning, it had been at the forefront of innovation, adding and refining technology and changing the way customers shopped. On invention being a second nature at Amazon, Bezos said... CHALLENGES According to industry observers, Amazon over the years had disrupted other online retailers and brick-and-mortar stores and leveraged its e-commerce operations to become a retail Goliath. However, some critics felt that Amazon was too ambitious as it had been growing alarmingly and investing heavily. They felt that the strategy could backfire and that Amazon needed to be selective about the opportunities it pursued as it could not take customers and the competition for granted... THE ROAD AHEAD Going forward, the company planned to launch new digital products and service categories, build more fulfillment centers, power AWS, and expand the Kindle Fire Ecosystem. The company also planned to hire 100,000 people in North America for the holiday season.