(Accelerating collections) A company with a 12% cost of capital receives cash inflows from customers throughout the United States and Canada. Checks take 5 days on average to arrive, but a large commercial bank has proposed to implement a lock box concentration banking system for a $250,000 annual fee which would cut the time a check is in receivables float to an average of 11/2 days. The company’s marginal tax rate is 35%. What is the value of the proposed system to the company, and should it be implemented, if the company’s daily cash inflows average:
a. $150,000?
b. $300,000?
c. $450,000?
d. $600,000?
In: Accounting
Macroeconomic Conditions and Company Performance: RE: Walmart, Neighborhood Market
a) Describe the trends of Net Profit And Total Revenue over the past three years.
b) Analyze the relationship between Net Profit And Total Revenue (performance variables) and Unemployment, Inflation, and Interest Rates (macroeconomic variables) for the past three years. Include Any relating graphs or suggested graphing methods**
c) Assess how the current monetary policy and fiscal policy in the United States may impact Walmanr't Neighborhood Markets financial performance in the short term (six months to one year). Justify your response.
In: Economics
Under the leadership of President Bill Clinton, in 2000 the U.S. government normalized trade relations with China. This paved the way for China’s becoming a member of the World Trade Organization in 2001. Clinton maintained that this was good for America since China would become a major customer for American-made products and political relations would improve for the governments of China and the United states. However, American labor unions worried about additional competition coming from poorly paid Chinese workers. Do you feel that China’s entry into the WTO was a mistake? Form an argument that supports your view on this matter.
In: Economics
The technology underlying hip replacements has changed as these operations have become more popular (over 250,000 in the United States in 2008). Starting in 2003, highly durable ceramic hips were marketed. Unfortunately, for too many patients the increased durability has been counterbalanced by an increased incidence of squeaking. An article reported that in one study of 146 individuals who received ceramic hips between 2003 and 2005, 11 of the hips developed squeaking.
(a) Calculate a lower confidence bound at the 95% confidence
level for the true proportion of such hips that develop squeaking.
(Round your answer to three decimal places.)
In: Statistics and Probability
Consider two Thai firms listed on the Bangkok stock
exchange:
• Thai A is a mining company that exports a large part of its
minerals production. Much larger competitors can be found in Latin
and North America. The market price of its production is largely
determined in dollars on the world market.
• Thai B imports various engine parts from Europe and the United
States. The demand for its product is highly price elastic. A
significant rise in baht prices lowers the demand.
What will happen to the earnings and stock prices of the two companies if there is a sudden and large devaluation of the Thai baht against major currencies?
In: Finance
In 1930, Congress passed the Smoot-Hawley Act, effectively raising tariffs on over 20,000 imported goods into the United States. The act was designed to protect domestic industries from international competition, yet it generally exacerbated the impacts of the Great Depression as a result.
Is it possible that the current actions of using tariffs to influence trade policy by the Trump Administration could bring about a similar economic fate, or is it less likely due to a relatively robust economy at this point in time? Explain.
Also, in order to receive full credit on this discussion board, please respond to at least one other student's post.
In: Economics
There are 8 components of public health law. True or False
Public health professionals have no code of ethics. True or False
In The United States v Philip Morris , the U.S. Government sought $280 billion in penalties on the grounds that the tobacco companies had conspired to deceive the public about the dangers of smoking. True or False
The public health system in the U.S. is a complex network of people and organizations in both public and private sectors. True or False
State health departments serve one public health function, which are shared or assumed by sister agencies in state government. True or False
In: Nursing
Australia has only one firm that makes aircraft. Without assistance from the government, that firm has lost most of its business to imports from the United States and Europe. Which of the following policies would be most costly for the Australian nation as a whole, and which would be least costly? Explain.
Policy A: Paying the lone Australian firm a production subsidy per plane, without protecting it against imports.
Policy B: Imposing a tariff equal to the production subsidy in Policy A.
Policy C: Imposing an import quota that cuts imports just as much as Policy B would.
In: Economics
here 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 .2483) 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 .8599)
In: Statistics and Probability
The sales prices of homes (in dollars) from a random sample of 10 zip codes in the United States are recorded in the following table.
ii.Determine the p-value in (i) and interpret its meaning.
|
Town |
2001 |
2002 |
|
Alexandria |
245795 |
293266 |
|
Boston |
391750 |
408803 |
|
Decatur |
205270 |
227561 |
|
Kirkland |
326524 |
333569 |
|
New York |
545363 |
531098 |
|
Philadelphia |
185736 |
197874 |
|
Phoenix |
170413 |
175030 |
|
Raleigh |
210015 |
196094 |
|
San Bruno |
385387 |
391409 |
|
Tampa |
194205 |
199858 |
In: Statistics and Probability