Questions
Consider the new product offerings, brand identity, financial health, and global economy. Do you think will...

Consider the new product offerings, brand identity, financial health, and global economy. Do you think will Apple or Samsung will enjoy the largest per cent revenue increase (not dollars) in total sales in 2020? What about 2021? Which company will have the lowest per cent revenue increase? What are the company and product strengths of Apple and Samsung? Please explain your reasons why for both opinions.


In: Finance

Consider the performance of two securities, J and K over the five year period from 2000...

Consider the performance of two securities, J and K over the five year period from 2000 to 2004. The annual return earned on each one of them is as provided in the table below:

Year

J

K

%

%

2000

-30.0

6.4

2001

55.9

-21.1

2002

15.7

-10.0

2003

75.9

35.0

2004

5.7

15.6

Required:

Compute the following:

  1. The appropriate annual average return for both securities over the 5-year holding period; assuming re-investment of all returns for respective years.

[05 Marks]

  1. Assume your organization had K100 million to invest on 01st January, 2000. If 60% was invested in security J, what average return would you have earned from a portfolio comprising the two securities?

[05 Marks]

  1. What average volatility would the portfolio be exposed to; assuming the correlation coefficient between returns on securities J and K is -0.852?

[05 Marks]

  1. Evaluate the performance of the securities individually and the portfolio. Which investment would you advise management to make? Assume a risk-free rate of 6%.

[05 Marks]

Consider the performance of two securities, J and K over the five year period from 2000 to 2004. The annual return earned on each one of them is as provided in the table below:

Year

J

K

%

%

2000

-30.0

6.4

2001

55.9

-21.1

2002

15.7

-10.0

2003

75.9

35.0

2004

5.7

15.6

Required:

Compute the following:

  1. The appropriate annual average return for both securities over the 5-year holding period; assuming re-investment of all returns for respective years.

[05 Marks]

  1. Assume your organization had K100 million to invest on 01st January, 2000. If 60% was invested in security J, what average return would you have earned from a portfolio comprising the two securities?

[05 Marks]

  1. What average volatility would the portfolio be exposed to; assuming the correlation coefficient between returns on securities J and K is -0.852?

[05 Marks]

  1. Evaluate the performance of the securities individually and the portfolio. Which investment would you advise management to make? Assume a risk-free rate of 6%.

[05 Marks]

In: Finance

I think I have this figured out, but need a double check... Thank you Here is...

I think I have this figured out, but need a double check... Thank you

Here is the question:

Regional distributors are currently using continuous review inventory policy. Compute and describe their inventory management policy and associated cost. Ignore inbound and outbound transportation cost. Provide answers and calculations for order quantity, demand during lead time, safety stock, average inventory level, inventory holding cost per week, ordering cost per week, and total cost per week.

The service level is 90% and the average lead time is 2 weeks.

Here is the style I used to answer.

Q*

Ddlt

SS

Avg Inv

Inv cost

Ord Cost

Tot Cost

Atlanta

Boston

Chicago

Dallas

LA

Total cost of the distribution system

Supporting info:

Inbound TRANSPORTATION COSTS PER UNIT PRODUCT
Warehouse Inbound Outbound
Atlanta $             12.00 $  13.00
Boston $             11.50 $  13.00
Chicago $             11.00 $  13.00
Dallas $               9.00 $  13.00
Los Angels $               7.00 $  13.00
Table 3: Outbound Transportation Costs per Unit in Single Centralized System
Warehouse atlanta boston chicago dallas los angles
Atlanta $                     13.00
Boston $                     16.00 $       13.00
Chicago $                     16.00 $       10.00 $       13.00
Dallas $                     17.00 $       17.00 $       17.00 $       13.00
Los Angels $                     19.00 $       19.00 $       18.00 $       10.00 $       13.00
Table 4: Ordering Cost and Holding Costs (per unit per week)
cost at ordering cost holding cost
current system regional warehouse $  5,550.00 $         1.25
central warehouse central warehouse $  5,550.00 $         1.25
mixed model central warehouse $  3,000.00 $         1.00
fegional wareshoue $  3,000.00 $         1.25
HISTORICAL demand for 12 weeks
Week 1 2 3 4 5 6 7 8 9 10 11 12
Atlanta 33 45 37 38 55 30 18 58 47 37 23 55
Boston 26 35 41 40 46 48 55 18 62 44 30 45
Chicago 44 34 22 55 48 72 62 28 27 95 35 45
Dallas 27 42 35 40 51 64 70 65 55 43 38 47
Los Angels 32 43 54 40 46 74 40 35 45 38 48 56

In: Operations Management

Who are you? You are the vice president of operations at Exquisite Entertainment, an entertainment company...


Who are you?

You are the vice president of operations at Exquisite Entertainment, an entertainment company that owns and operates 19 seasonal and year-round amusement parks (Worlds of Play) located throughout the U.S. You are responsible for providing overall direction and guidance with regard to the operational activities of the organization.

What''s the current situation?

The company''s amusement parks have always been popular, but recently they haven''t been very profitable. Operating costs have been rising, and every dollar of extra revenue has been hard won. At the company''s annual management offsite meeting held that morning at Worlds of Play-Seattle, Alex Harrington, a business strategy consultant from Ernst & Young LLP, unveiled "Operation Upmarket," a business strategy proposal aimed at addressing the issue of profitability for Worlds of Play. This plan proposed that Worlds of Play offer its customers the option of a "preferred guest" card. Cardholders would pay more, but they would get first crack at the rides and would get seated immediately at any of the park''s restaurants. According to Alex, the plan would help Worlds of Play finances because it would target the "mass affluents"--wealthy but time-pressed people who might visit the park more often and spend more time while there, were it not for long lines at the rides.

You think back to that morning's meeting. You respect Alex's plan, but what about the initiatives you had implemented to tap into that same segment? In fact, you have already had some successes. Roughly 20% of Worlds of Play souvenir shops have been upgraded to gift boutiques with more appealing displays and higher-priced merchandise, and some snack concessions have been converted to seated dining. The most upscale of the restaurants are already earning almost double the profit per square foot of the other food-service facilities.

Alex had done an impressive amount of work developing the idea, commissioning surveys and focus groups, and getting finance to run the numbers. Her presentation had been persuasive, you admit. Her tactic had been to get people arguing the details--should the pass cost $20 more than general admission or $30 more?--while ignoring the question of whether it was a good idea at all. At first, this approach seemed to be working. But Grace Jones, Exquisite Entertainment's vice president of human resources said, "Clearly, there's revenue to be gained from offering these differentiated service levels. But it just doesn't seem like us. The founder of Worlds of Play created a place where families could come together for a day to forget about their cares." Alex said, "Our history is great, but if things don't turn around fast, we are going to be history. The company has to make changes quickly to avoid cash-crunch-driven bankruptcy or a hostile takeover."

It was no secret to anyone in the meeting that theme parks have only three ways to bring in more revenue: (1) increase visits per customer, (2) increase average spending per visit, or (3) attract new customers. Alex argued that the guest card would address the last two items by attracting a different type of customer--time-starved, high-income professionals and their families--who might otherwise avoid the whole experience.

Adam Goodwin, the VP of marketing said, "It strikes me as a very shortsighted strategy. I mean, sure we could make a lot of money on those cards in the first couple of seasons. But just think about what it does to the overall customer experience. The average Joe with his wife and three kids is not going to shell out for five upgrades. So they are going to be sweating through even longer lines and just steaming when they see some yuppie waltz ahead of them. I don't even think it's a great experience for the preferred guests. Who wants to feel all the anger directed at them? The key to this business is that the customers feel good while they are here. A couple of ugly glances, a nasty remark, and the day is spoiled for everybody. Neither side's coming back."

"I should have explained," Alex said. "We would definitely separate the lines so the preferred cardholders wouldn't be in people's faces and we'd limit the percentage of special tickets issued on any given day. But I don't think you are giving your customers enough credit. People have a lot more awareness and appreciation of the fact that time is money. This program lets them choose which they want to save."

What are you supposed to do?

You have been charged by CEO Len Becker to summarize the merits of the option presented at the meeting in his absence. Craft the body of a document for Mr. Becker.

Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

In: Operations Management

PA8-6 Preparing Operating Budgets for a Merchandising Firm [LO 8-5, 8-3a, f, g, h] Red Canyon...

PA8-6 Preparing Operating Budgets for a Merchandising Firm [LO 8-5, 8-3a, f, g, h]

Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information:

Quarter 1 Quarter 2 Quarter 3 Quarter 4
Budgeted Unit Sales 39,000 59,000 29,500 59,000
  • Each T-shirt is expected to sell for $14.
  • The purchasing manager buys the T-shirts for $6 each.
  • The company needs to have enough T-shirts on hand at the end of each quarter to fill 24 percent of the next quarter’s sales demand.
  • Selling and administrative expenses are budgeted at $78,000 per quarter plus 16 percent of total sales revenue.


Required:
1.
Determine budgeted sales revenue for each quarter.



2. Determine budgeted cost of merchandise purchased for each quarter.



3. Determine budgeted cost of good sold for each quarter.



4. Determine selling and administrative expenses for each quarter.



5. Complete the budgeted income statement for each quarter.

In: Accounting

Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships...

Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships in terms of cost, quality, delivery, and performance. More and more buyers have to learn to develop a supply base in more than one country in order to remain competitive in the complex and dynamic global business environment.

Identify a company of your choice (in a vehicle- manufacturing industry) on which you will base your study. 

Write a detailed report on the above statement considering the following questions:

Question 1
Critically analyse reasons that may cause your company to consider an international supplier over a local supplier.


Question 2
Critically discuss the reasons why your company (a vehicle- manufacturing company) should consider ethical conduct in its purchasing structure.

Question 3
Examine the various types of contracts available to your company (a vehicle- manufacturing company) when dealing with international suppliers and advise them on which contracts would be most beneficial to achieve a competitive advantage.

Structure of the final report

Title (this should convey the area and scope of the project)

Table of contents

Introduction

Background of the company (BMW Company)   

Discussion (answer questions 1-3)

Summary/conclusions

References

Appendices (if used)

In: Operations Management

PLEASE READ CAREFULLY BEFORE STARTING THE ASSIGNMENT!!! I ALREADY HAVE ANSWERS FOR THE FIRST JOURNAL TABLE...

PLEASE READ CAREFULLY BEFORE STARTING THE ASSIGNMENT!!! I ALREADY HAVE ANSWERS FOR THE FIRST JOURNAL TABLE AS YOU CAN SEE BELOW, BUT I DON'T HAVE THE ANSWER FOR THE SECOND JOURNAL TABLE. I FOUND MANY ANSWERS FOR THE SECOND TABLE HERE ON CHEGG. BUT NOT ONE HAS A CORRECT ANSWER. FOR SOME OF THEM IT'S COMPLETELY DIFFERENT ANSWERS ALTHOUGH THE QUESTION IS THE SAME. PLEASE ANSWER THAT TABLE CAREFULLY AND CORRECTLY. USE THE SAME EXACT TABLE THAT I PROVIDED BELOW WITH THE CORRECT DATES, ACCOUNT TITLES AND AMOUNT. MAKE SURE THERE'S NO EXTRA OR ANY LESS ENTRY THAN THE EXACT NUMBER OF ENTRIES THAT'S SUPPSOED TO BE THERE AS PROVIDED IN THE TABLE BELOW.

The following selected transactions were completed by Amsterdam Supply Co., which sells office supplies primarily to wholesalers and occasionally to retail customers. Note that the company uses a clearing house to take care of all bank as well as non-bank credit cards used by its customers.

Record on page 10 of the journal

Mar. 2 Sold merchandise on account to Equinox Co., $18,900, terms FOB destination, 1/10, n/30. The cost of the merchandise sold was $13,300.
3 Sold merchandise for $11,350 plus 6% sales tax to retail cash customers. The cost of merchandise sold was $7,000.
4 Sold merchandise on account to Empire Co., $55,400, terms FOB shipping point, n/eom. The cost of merchandise sold was $33,200.
5 Sold merchandise for $30,000 plus 6% sales tax to retail customers who used MasterCard. The cost of merchandise sold was $19,400.
12 Received check for amount due from Equinox Co. for sale on March 2.
14 Sold merchandise to customers who used American Express cards, $13,700. The cost of merchandise sold was $8,350.
16 Sold merchandise on account to Targhee Co., $27,500, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was $16,000.
18 Issued credit memo for $4,800 to Targhee Co. for merchandise returned from sale on March 16. The cost of the merchandise returned was $2,900.

Record on page 11 of the journal

19 Sold merchandise on account to Vista Co., $8,250, terms FOB shipping point, 2/10, n/30. Added $75 to the invoice for prepaid freight. The cost of merchandise sold was $5,000.
26 Received check for amount due from Targhee Co. for sale on March 16 less credit memo of March 18.
28 Received check for amount due from Vista Co. for sale of March 19.
31 Received check for amount due from Empire Co. for sale of March 4.
31 Paid Fleetwood Delivery Service $5,600 for delivery of merchandise in March to customers under shipping terms of FOB destination.
Apr. 3 Paid City Bank $940 for service fees for handling MasterCard and American Express sales during March.
15 Paid $6,544 to state sales tax division for taxes owed on sales.

Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTSAmsterdam Supply Co.General Ledger

ASSETS
110 Cash
121 Accounts Receivable-Empire Co.
122 Accounts Receivable-Equinox Co.
123 Accounts Receivable-Targhee Co.
124 Accounts Receivable-Vista Co.
125 Notes Receivable
130 Merchandise Inventory
131 Estimated Returns Inventory
140 Office Supplies
141 Store Supplies
142 Prepaid Insurance
180 Land
192 Store Equipment
193 Accumulated Depreciation-Store Equipment
194 Office Equipment
195 Accumulated Depreciation-Office Equipment
LIABILITIES
210 Accounts Payable
216 Salaries Payable
218 Sales Tax Payable
219 Customer Refunds Payable
221 Notes Payable
EQUITY
310 Owner, Capital
311 Owner, Drawing
312 Income Summary
REVENUE
410 Sales
610 Interest Revenue
EXPENSES
510 Cost of Merchandise Sold
521 Delivery Expense
522 Advertising Expense
524 Depreciation Expense-Store Equipment
525 Depreciation Expense-Office Equipment
526 Salaries Expense
531 Rent Expense
533 Insurance Expense
534 Store Supplies Expense
535 Office Supplies Expense
536 Credit Card Expense
539 Miscellaneous Expense
710 Interest Expense

Journalize the entries to record the transactions of Amsterdam Supply Co. Refer to the Chart of Accounts for exact wording of account titles. Scroll down for page 11 of the journal.

How does grading work?

PAGE 10

JOURNAL

ACCOUNTING EQUATION

Score: 400/400

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

1

Mar. 2

Accounts Receivable-Equinox Co.

18711

2

Sales

18711

3

Mar. 2

Cost of Merchandise Sold

13300

4

Merchandise Inventory

13300

5

Mar. 3

Cash

12031

6

Sales

11350

7

Sales Tax Payable

681

8

Mar. 3

Cost of Merchandise Sold

7000

9

Merchandise Inventory

7000

10

Mar. 4

Accounts Receivable-Empire Co.

55400

11

Sales

55400

12

Mar. 4

Cost of Merchandise Sold

33200

13

Merchandise Inventory

33200

14

Mar. 5

Cash

31800

15

Sales

30000

16

Sales Tax Payable

1800

17

Mar. 5

Cost of Merchandise Sold

19400

18

Merchandise Inventory

19400

19

Mar. 12

Cash

18711

20

Accounts Receivable-Equinox Co.

18711

21

Mar. 14

Cash

13700

22

Sales

13700

23

Mar. 14

Cost of Merchandise Sold

8350

24

Merchandise Inventory

8350

25

Mar. 16

Accounts Receivable-Targhee Co.

27225

26

Sales

27225

27

Mar. 16

Cost of Merchandise Sold

16000

28

Merchandise Inventory

16000

29

?Mar. 18

Customer Refunds Payable

4752

30

Accounts Receivable-Targhee Co.

4752

31

Mar. 18

Merchandise Inventory

2900

32

Estimated Returns Inventory

2900

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

In: Accounting

An experiment is conducted to determine if classes offered in an online format are as effective...

An experiment is conducted to determine if classes offered in an online format are as effective as classes offered in a traditional classroom setting. Students were randomly assigned to one of the two teaching methods. Data below.

a. Test the claim that the standard deviations for the two groups are equal. What is the p-value of the test?

b. Construct a 95% confidence interval on the difference in expected final exam scores between the two groups. Does the data support the claim that there is no difference?

On-line Classroom
77 79
66 64
70 88
79 80
76 66
58 81
54 71
72 84
56 77
82 76
90 89
68 62
59 74
67 68
71 98
74 77
72 65
62 83
77
78
76
57
67
69
82
78
80
61
77
65
71
76
58
82
78
74

In: Statistics and Probability

Data obtained from the National Center for Health Statistics show that men between the ages of...

Data obtained from the National Center for Health Statistics show that men between the ages of 20 and 29 have a mean height of 69.3 inches, with a standard deviation of 2.9 inches. A baseball analyst wonders whether the standard deviation of heights of major-league baseball players is less than 2.9 inches. The heights (in inches) of 20 randomly selected players are given below.

72 74 71 72 76
70 77 75 72 72
77 72 75 70 73
73 75 73 74 74

Use Minitab Express to test the analyst's hypothesis at the α = 0.10 level of significance. Report your answers to three decimal places, where applicable.

With a P-value of , we  (reject / fail to reject) the null hypothesis.  
The given data  (does / does not) provide significant evidence that the standard deviation of heights of baseball players is  (more than / less than / different from) 2.9 inches.

In: Statistics and Probability

ABC Company reports the following comparative income statement: 2017 Revenue $100,000 COGS 42,000 Gross Profit 58,000...

ABC Company reports the following comparative income statement:

2017

Revenue $100,000

COGS 42,000

Gross Profit 58,000

SGA Expenses 25,000

Income before tax 33,000

Income tax expense. 11,000

Net Income 22,000

2016

Revenue $70,000

COGS 25,000

Gross Profit 45,000

SGA Expenses 28,000

Income before tax 17,000

Income tax expense. 6,000

Net Income 11,000

Prepare a vertical and horizontal analysis for ABC Company and then calculate the profit margin for ABC Company

In: Accounting