Question 2 (Note this question is from the Week 6 Tutorial) Thomas, a poor university student, and his millionaire Dad enter into an arrangement where Thomas agrees that he will keep the front and backyards of the family property mowed, and he will ‘do a bit’ to keep the gardens looking tidy. In return, his Dad agrees to pay him a weekly allowance of $200. His Dad had previously used a garden contractor to do the job and paid him $350. They live on a large property, and the mowing alone takes half a day a week. After four weeks, Thomas’s Dad tells him that he can’t afford to pay $200 a week. He says that Thomas should be doing the work for nothing, as it is the responsibility of the whole family to look after the property; besides, he says, Thomas is getting free board and lodging. Advise Thomas on whether there is a contract between him and his Dad which the court will enforce. Required: Answer this question using the IRAC * method. (Word limit: Minimum of 300 words. Maximum of 400 words)

Andalucia experiences severe storms which destroys its main resource, oil rigs. Assume that the Andalucian economy was in long-run equilibrium before this shock happens.

a. Use the aggregate demand–aggregate supply model to illustrate graphically the short-run and long-run impact of this supply shock on output and prices. In other word how does the economy get back to long run? Be sure to label: i. the axes; ii. the curves; iii. the initial equilibrium values; iv. the direction the curves shift; and v. the terminal equilibrium values. State in words what happens to prices and output as a combined result of the supply shock, both in the short run and long run. What happens to unemployment rate in the short run and in the long run?

b. If the Central Bank of Andalucia attempted to offset this deviation from the natural rate in the short run, should the money supply be increased or decreased? Show this action in the same graph and label the shifts. Which curve shifts? Does it shift to the right or left? What happens to output and prices as a result? What happens to unemployment rate? Explain.

You are enrolled in the business ethics class which is for business students. We all have different definitions of business ethics and what it means to personal and business life.

NOTE: You do not need the textbook for this assignment so no excuses - let's just get into the topic and start an interesting discussion. These are your views supported by a bit of research.

Please post a discussion of what business ethics means to you. The posting should be approximately 250 words and include references to articles on business ethics to support your discussion. Please cite the article in your posting and use proper references. Also, please attach the articles as a word document to your posting. I do not want the website as they often change, please post the article as an attachment in a readable form.

Also, please respond to two of your fellow students' postings. Comments like "great job", "I agree", etc. are not appropriate responses. Responses need to be thoughtful and make additional points or raise questions. This class is really about critical thinking and thoughtful inquiry

Read the following excerpt and answer question 1.
TRAFFIC on Sydney’s clogged roads and motorways is now so congested it is costing the majority of businesses in Western Sydney up to $5000 a year. The startling figures were revealed as part of the NRMA Motoring & Services BusinessWise survey of almost 730 businesses that run vehicle fleets. Frustrated local businesses who took part in the survey said travel times for each of their work vehicles had jumped, on average, by 59 minutes every day due to roads clogged by commuters forced into their cars because of poor public transport options. In the past year about six out of 10 Western Sydney firms said their fuel bills had risen as a result of congestion ……. Author Jim O’Rourke Source: The Australian web site April 08, 2014 12:00AM
1. Identify the negative externality discussed in the article? Explain, using a graph, how the negative externality leads to an inefficient price and level of output. Provide two solutions that you would recommend to the government to address the externality? Word count 350.

Discuss how basic accounting principles apply in each of the following areas:

1. recording of transactions;

2. preparation of financial statements;

3. cost accounting or budgeting

(Word limit – 1,000-1,200 words)

Guidelines:

1.

For each of the above three areas listed, you are required to select and discuss four (4) basic

accounting principles. To demonstrate your understanding of each of these accounting principles,

your discussion should include examples drawn from real-life companies or even fictitious

situations. You must demonstrate that you understand how these principles are applied using

examples.

2. Please read the rubrics carefully before answering and organize your answers according to the

scores given to the questions. Please remember to answer all parts of the questions.

3.

Please answer with your own analysis and wordings. You do not need to copy any definition

from the course materials, and please do not copy any information directly from the website or

other people's comments. Please do not get involved in any plagiarism.

Introduction:

Blogging is one of the fundamental social media practices–arguably the first widespread form of social media. Blogging is one important way in which people take part in conversations within their area of interest, establish their expertise, and construct an online identity. The blogosphere is a place where communities form, grow, change, and dissolve.

The blog is a format that allows students to reflect on what they know, further integrate their knowledge, and show their unique understanding to others. Blog posts tend to be qualitatively different from journals and formal academic papers. They allow students to communicate in ways that are personally meaningful and consistent with the current “content creation” aspect of our digital culture. Also, anecdotal evidence strongly suggests that students work harder to prepare work that will be shared with a broader audience than their instructor.

Deliverable:

Requirement:

Students will create a 600 – 1,000 word blog post.

Students are responsible for writing a blog post on any (school appropriate) topic of their choosing. Example topics can include areas such as: digital marketing, social media marketing, advice.

Please help ASAP .Thank you

In the world of finance, you will hear one mantra over and over: maximizing stakeholder value OR shareholder value OR debtholder value" . This has long been considered the primary financial goal of any public corporation. A shareholder OR debtholder OR stakeholder is basically just another word for an investor, somebody who buys a company's stock. A shareholder OR stakeholder OR debtholder is simply somebody who has an interest or something at stake when it comes to how a business is run. Company's shareholders OR "stakeholders" OR debtholders are certainly important, they are clearly not the only ones with an interest in how the business is run. That's why it is important to look at all the debtholders OR shareholders OR stakeholders" and how they might be affected when making business decisions.   What a mutual fund does is it goes out and it tries to pool together a group of smaller savers OR wealthy costumers. A mutual fund gives them nice returns OR diversification . Hedge OR Money market mutual funds are a very important type of mutual fund. The fund manager then goes out and buys money market instruments OR real estates .

Part 8

a) What is average labour productivity? Explain how average labour productivity can impact economic growth measured in terms of RGDP per capita.

b) Average labour productivity is presently higher in Australia than it is in China yet during the 21^st Century, China has experienced much higher rates of economic growth compared to Australia.

Explain possible reasons for this drawing on relevant evidence and examples to support your answer.

c) What is meant by diminishing returns to capital? Use a hypothetical example to support your answer.

d) While increasing outplut levels have been a benefit of economic growth, what have been some of the challenges associated with the phenomenon of economic growth? Here consider the broad social and environmental implications that stem from economic growth. In your answer draw on relevant evidence and examples.

At the end of your answer to Part 8 state the combined word for sub-parts a,b,c and d. Your answer to Part 8 including all sub-parts should not exceed 400 words.

Write up a document explaining the Markowitz model and Black-Litterman model. The document should be in PDF format. Note that Word 2010 and 2013 can save in / print to PDF format. About 500-1000 words (2-4 pages double-spaced) is fine. You can use the example in the Excel template if you feel that helps you explain more clearly. Note that detailed mathematical explanations or derivations are not required.

The document should explain i) what the Markowitz model would suggest that investors do (i.e., how one should invest to achieve a certain investment goal – e.g., 15% expected return – in the 5 country portfolio example, ii) limitations and pitfalls of the Markowitz model, iii) potential mitigations, iv) what the Black-Litterman model does, and v) why it does that.

The explanations should be at a level that could be understood by a finance professional not familiar with linear algebra and the Black-Litterman approach. The tone should be professional but as free of jargon as possible. I will award grades for clarity and accuracy of exposition and overall presentation of the document.

1. In the game of poker, five cards from a standard deck of 52 cards are dealt to each player.

Assume there are four players and the cards are dealt five at a time around the table until all four

players have received five cards.

a. What is the probability of the first player receiving a royal flush (the ace, king, queen, jack, and

10 of the same suit).

b. What is the probability of the second player receiving a royal flush?

c. If the cards are dealt one at a time to each player in turn, what is the probability of the first

player receiving a royal flush?

2. Your spam filter has noticed that you identify

60% of the email coming to you as “junk email”

and it has kept an internal tabulation that the word “amazing” occurs in 0.2% of your junk email

and in 0.125% of all email. Your filter will identify a piece of email as junk if it calculates the

probability of it being junk at 75% or higher. If

you receive a piece of email with the phrase

“amazing money-making opportunity”, will your filter classify it as junk email?