Ford Motor Company is the world’s second-largest producer of cars and trucks and ranks among the largest providers of financial services in the United States. The following information pertains to Ford: (in millions)
| (in millions) | 1998 | 1999 | 2000 |
| Sales | $118.017 | $135,073 | $141,230 |
| Cost of goods sold | 104,616 | 118,985 | 126,120 |
| Gross margin | $ 13,401 | $ 16,088 | $ 15,110 |
| Operating expenses | 7,834 | 8,874 | 9,884 |
| Net operating income | $ 5,567 | $ 7,214 | $ 5,226 |
Prepare a statement showing the trend percentages for each item, using 1998 as the base year.
Comment on the trends noted in part (a).
In: Accounting
You have been appointed as a consultant to a small manufacturing company that is planning to select an ERP software vendor. The company has 300 employees spread across the Australia, United States, Canada, and Europe. Select three prominent ERP vendors and visit their websites to compare them based on the following requirements.
How fit the vendor’s product is for the company who has appointed you.
Present the information to top management of the company with your
recommendation for a product. (Make sure to justify your decision, such as criteria for selecting ERP vendor, and which is most important criteria and why?)
In: Computer Science
In: Economics
Transaction exposure. International Products, Inc. has ordered 20,000 leather coats from Argentina for delivery in 3 months. The contracted cost of a coat is 148 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.2381 pesos. The anticipated inflation rate is 4.3% in the United States and 6.9% in Argentina. In U.S. dollars, how much will the 20,000 leather coats cost International Products at delivery?
1)In U.S. dollars, how much will the 20,000 leather coats cost International Products at delivery?
In: Finance
Harley-Davidson has chosen to compete in various country markets in Europe and Asia using an export strategy. Go to the Investor Relations section at www.harley-davidson.com and read the sections of its latest annual report related to its international operations. Conduct additional outside research on the topic. Harley-Davidson Why does it seem that the company has avoided developing production facilities outside the United States? Which strategic option from your reading for entering foreign markets has HD adopted? Why do you think they have adopted this strategy?
In: Operations Management
Lakonishok Equipment has an investment opportunity in Europe. The project costs €10 million and is expected to produce cash flows of €1.0 million in Year 1, €1.4 million in Year 2, and €2.5 million in Year 3. The current spot exchange rate is $1.25/€; and the current risk-free rate in the United States is 1.8 percent, compared to that in Europe of 1.0 percent. The appropriate discount rate for the project is estimated to be 10 percent, the U.S. cost of capital for the company. In addition, the subsidiary can be sold at the end of three years for an estimated €8.0 million. What is the NPV of the project?
In: Finance
Suppose that the pharmaceutical company Abstergo Industries successfully develops the first successful vaccine for COVID-19. If the United States government implements regulation that requires Abstergo to sell vaccine doses at marginal cost (rather than charging a higher price as it otherwise would), this will reduce Abstergo’s profit from the vaccine by $12 billion and increase the well-being of vaccine consumers by $17 billion, creating an overall efficiency gain of $5 billion. Explain why this regulation would not result in a Pareto superior outcome even though it would lead to an efficiency gain.
In: Economics
| Currency per U.S. $ | |
| U.K. Pound | 0.5135 |
| 6-months forward (£) | 0.5204 |
| Japan Yen | 108.21 |
| 6-months forward (¥) | 106.96 |
| Switzerland Franc | 1.0492 |
| 6-months forward (SF) | 1.0478 |
| Suppose interest rate parity holds, and the current six-month risk-free rate in the United States is 6 percent. |
| What must the six-month risk-free rate be in Great Britain? |
| What must the six-month risk-free rate be in Japan? |
| What must the six-month risk-free rate be in Switzerland? |
In: Finance
The following data come from the 2016 ANES, V36 and V87W, both recoded into 3 categories. One question asked about party identification. The other asked about support for building a wall on the border between the United States and Mexico. The results were as follows:
|
Partisanship |
Oppose |
Not sure |
Favor |
|
Democrat |
620 |
217 |
199 |
|
Independent |
401 |
327 |
602 |
|
Republican |
155 |
218 |
874 |
|
Total |
1176 |
762 |
1675 |
Calculate appropriate percentages for the table, justify your choice of row, column, or total percentages, and comment on the relationship.
In: Math
There were 49.7 million people with some type of long-lasting condition or disability living in the United States in 2000. This represented 19.3 percent of the majority of civilians aged five and over (http://factfinder.census.gov). A sample of 1000 persons is selected at random. Use normal approximation. Round the answers to four decimal places (e.g. 98.7654).
(a) Approximate the probability that more than 201 persons in the sample have a disability. (answer is not .274) round 4 decimal plzzzzz on a and b
(b) Approximate the probability that between 180 and 300 people in the sample have a disability. (answer is not .860
In: Math