The report "Progress for Children" (UNICEF, April 2005) included the accompanying data on the percentage of primary-school-age children who were enrolled in school for 19 countries in Northern Africa and for 23 countries in Central Africa.
| 54.6 | 34.3 | 48.9 | 77.8 | 59.6 | 88.5 | 97.4 | 92.5 | 83.9 | 96.9 | 88.9 |
| 98.8 | 91.6 | 97.8 | 96.1 | 92.2 | 94.9 | 98.6 | 86.6 |
| 58.3 | 34.6 | 35.5 | 45.4 | 38.6 | 63.8 | 53.9 | 61.9 | 69.9 | 43.0 | 85.0 |
| 63.4 | 58.4 | 61.9 | 40.9 | 73.9 | 34.8 | 74.4 | 97.4 | 61.0 | 66.7 | 79.6 |
| 98.9 |
We will construct a comparative stem-and-leaf display using the first digit of each observation as the stem and the remaining two digits as the leaf. To keep the display simple the leaves will be truncated to one digit. For example, the observation 54.6 would be processed as
54.6 → stem = 5, leaf = 4 (truncated from 4.6),
the observation 96.1 would be processed as
96.1 → stem = ? , leaf = ? (truncated from 6.1)
and the observation 35.5 would be processed as
35.5 → stem = ? , leaf = ?(truncated from 5.5).
The resulting comparative stem-and-leaf display is shown in the figure below.
Comparative stem-and-leaf display for percentage of children enrolled in primary school.
| Central Africa | Northern Africa | |
|---|---|---|
| 4854 | 3 | 4 |
| 035 | 4 | 8 |
| 838 | 5 | 49 |
| 6113913 | 6 | |
| 943 | 7 | 76 |
| 5 | 8 | 8386 |
| 87 | 9 | 7268176248 |
From the comparative stem-and-leaf display we can see that there is
quite a bit of variability in the percentage enrolled in school for
both Northern and Central African countries and that the shapes of
the two data distributions are quite different. The percentage
enrolled in school tends to be higher in Northern African countries
than in Central African countries, although the smallest value in
each of the two data sets is about the same. For Northern African
countries the distribution of values has a single peak in the 90s
with the number of observations declining as we move toward the
stems corresponding to lower percentages enrolled in school. For
Central African countries the distribution is more symmetric, with
a typical value in the mid 60s.
How many individual stem-and-leaf displays are represented by the
comparative stem-and-leaf display?
-one
-two
-three
-It can't be represented as simple stem-and-leaf display.
In: Math
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart, and a component of the S&P 500 Index. Founded by George Dayton and headquartered in Minneapolis, Minnesota, the company was originally named Good fellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.
Target established itself as the highest-earning division of the Dayton-Hudson Corporation in the 1970s; it began expanding the store nationwide in the 1980s and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed the Target Corporation in 2000 and divested itself of its last department store chains in 2004. It suffered from a massive and highly publicized security breach of customer credit card data and the failure of its short-lived Canadian subsidiary in the early 2010s but experienced revitalized success with its expansion in urban markets within the United States.
As of 2017, Target operates 1,834 stores throughout the United States. Their retail formats include the discount store Target, the hypermarket Super Target, and "flexible format" stores previously named City Target and Target Express before being consolidated under the Target branding. Target is often recognized for its emphasis on "the needs of its younger, image-conscious shoppers," whereas its rival Walmart more heavily relies on its strategy of "always low prices.
Target Corporation decide to start its discount store in Saudi Arabia. The Target management hired you as Marketing Manager for its Saudi Arabia operation. You have to establish marketing department starting from the Analysis of market, formulate overall marketing goals, objectives, strategies and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
To establish the marketing function of Target Corporation, Saudi Arabia, you have to formulate the followings:
Vision
Mission
Business objective.
Product and type of services.
Develop a marketing Plan for Target Corporation, Saudi Arabia. Define the SWOT analysis for Target Corporation, Saudi Arabia.
Analyze the Micro and Macro environment of the Target Corporation, Saudi Arabia.
How Target Corporation, Saudi Arabia will establish, develop, and enhance mutually beneficial relationships with customers? Discuss all the activities to establish, develop, and maintain customer sales?
Identify the various consumer decision processes for the Target Corporation customer?
How will you establish the market research for making better decision to establish and enhance the marketing?
How Target Corporation, KSA will evaluate market segments and choose the best ones to serve? How it will create value propositions to meet the requirements of target customers?
How Target Corporation, KSA will manage all of their products and services? What are the steps in the best development process for new products?
Assignment Workload:
The word count for this assignment must be between 2500 to 3000 words.
In: Operations Management
Amber Corp. – Accounting for Accounts Receivable (all dollar values are in 000’s).
On December 31, 2015 Amber Co. reported "Accounts Receivable, net realizable value" of $5,440 on their balance sheet and "Allowance for Uncollectible Accounts" of $325 in their footnotes. Thus, the gross amount of accounts receivable is $5,765.
The company's sales grew dramatically in 2016, and the total credit sales, net of returns were $96,755. They collected cash from customers on account of $86,775. The company wrote off accounts of $425.
Management using the Accounts Receivable approach for estimating uncollectable accounts. Amber's credit terms are that accounts are due within 60 days. On December 31, 2016, Amber found that 50% of the accounts were not past due, 25% were 60-90 days old, and 25% were over 90 days old. Amber assesses the probability of collection as follows: not past due at 98%, 60-90 days past due at 96%, and over 90 days past due at 90%.
1. What is the total dollar amount owed to Amber Company by its customers at December 31, 2015?
2. What is the total dollar amount owed to Amber Company by its customers at December 31, 2016?
3. What is the balance in the allowance for uncollectible accounts at December 31, 2016?
4. What is the net realizable value of accounts receivable at December 31, 2016?
5. Show how the receivables would be reported on the balance sheet at December 31, 2016.
6. What amount will be reported for bad debts expense (i.e., provision for bad debts) on the income statement for the fiscal year ended December 31, 2016?
In: Accounting
2. A variable is normally distributed with a mean of 120 and a standard deviation of 15. Twenty five scores are randomly sampled.
a) What is the probability that the mean of the four scores is above 111?
b) What is the probability that the mean of the four scores will be between 114 and 123?
4.Suppose that a sample of 36 employees at a large company were surveyed and asked how many hours a week they thought the company wasted on unnecessary meetings. The mean number of hours these employees stated was 12.4 with a sample standard deviation of 5.1.
Calculate a 95% confidence interval to estimate the mean amount of time all employees at this company believe is wasted on unnecessary meetings each week.
5.An automobile dealer wants to estimate the proportion of customers who still own the cars they purchased 5 years earlier. A random sample of 300 customers selected from the auto mobile dealers records indicates that 82 still own cars that were purchased 5 years earlier. Set up a 99% confidence interval estimate of the population proportion of all customers who still own the cars 5 years after they were purchased
6.If in a sample of size n=49 selected normal population, the sample mean X=48 and population standard deviation is 21, what is your statistical decision, if your H0 :µ = 45, α=0.05
3. The mean delivery time is 36 minutes and the population standard deviation is six minutes. Assume the sample size is 81 restaurants with the same sample mean. Find a 90% confidence interval estimate for the population mean delivery time.
In: Statistics and Probability
Following the outbreak of the Novel Coronavirus (COVID 19), CPC
a pharmaceutical company is considering introducing a new vaccine
unto the market to help fight the virus. This will require the
injection of huge capital to the tune of GH¢40,000,000 for the
purchase of the equipment for production. It will cost CPC an
additional GH¢ 5,500,000 to set up the production facility and
install that equipment for production. Mr. Smart, the CEO of CPC
believes that the vaccine could be manufactured in a building owned
by the firm and located in East Legon. This vacant building and the
land can be sold for GH¢ 1,500,000 after taxes. CPC will finance
the production of the vaccine (including initial working capital
investment) by issuing 2000,000 new common stocks at GH¢ 20 per
share from its existing shareholders. A total of GH¢ 15,000,000 is
expected to be raised from the rights issue. It expects to finance
the remaining from the issue of a 5-year bond with a before-tax
yield to maturity (YTM) of 12%. Mr. Qwesi, the Finance Director has
estimated the beta of the project to be 2.5 and the average return
for stocks traded on the Ghana Stock Exchange to be 10% while the
rate on Government of Ghana traded Treasury bills is 5%. The
successful production of the vaccine will generate additional cash
flows for CPC. The Production and Marketing department has
presented the information in the table below:
2020
Variable cost per unit of the product
GH¢150
Selling price per unit
GH¢350
Quantity
400,000units per annum
Again the following information should be taken note of:
Feasibility studies cost the company GH¢2,000,000
Test marketing expenses amounts to GH¢1,000,000
The research into the discovery of the vaccine costs
GH¢5,000,000
Variable cost will increase by 5% per annum
Selling price will increase by 10% per annum
Marketing expense will be 5% of sales revenue per year
Overhead cost will be fixed at GH¢6000,000 per year
The project will last for five (5) years (2021-2025)
Examiner: Isaac Ofoeda Page 3
Charge depreciation using the straight-line method
Salvage value for equipment is GH¢2,000,000
CPC falls within the 25% tax bracket
An initial working capital investment of GH¢10,000,000 will be
made. Subsequently, net working capital at the end of each year
will be equal to 10 percent of sales for that year. In the final
year of the project, net working capital will decline to zero as
the project is wound down. In other words, the investment in
working capital is to be completely recovered by the end of the
project’s life
The introduction of this new vaccine is expected to lead to
10,000 units per annum drop in sales of vaccines for other types of
corona virus by. The selling price per unit of existing products is
GH¢100 while the variable cost is GH¢70. This has no tax
implications for the new vaccine.
The project will be financed with debt and equity
Required:
a. Evaluate the project using the NPV and Profitability index and
recommend whether CPC should go ahead with the production of the
vaccine.
b. Discuss three (3) qualitative factors that the Management of CPC
might have to consider and how these factors are expected to
influence the decision of Management with regards to the production
of the vaccine.
c. Under what circumstances will you prefer profitability index to
NPV as project evaluation techniques.
d. Explain why sunk costs should not be included in a capital
budgeting analysis, but opportunity costs and externalities should
be included.
In: Accounting
Following the outbreak of the Novel Coronavirus (COVID 19), CPC
a pharmaceutical company is considering introducing a new vaccine
unto the market to help fight the virus. This will require the
injection of huge capital to the tune of GH¢40,000,000 for the
purchase of the equipment for production. It will cost CPC an
additional GH¢ 5,500,000 to set up the production facility and
install that equipment for production. Mr. Smart, the CEO of CPC
believes that the vaccine could be manufactured in a building owned
by the firm and located in East Legon. This vacant building and the
land can be sold for GH¢ 1,500,000 after taxes. CPC will finance
the production of the vaccine (including initial working capital
investment) by issuing 2000,000 new common stocks at GH¢ 20 per
share from its existing shareholders. A total of GH¢ 15,000,000 is
expected to be raised from the rights issue. It expects to finance
the remaining from the issue of a 5-year bond with a before-tax
yield to maturity (YTM) of 12%. Mr. Qwesi, the Finance Director has
estimated the beta of the project to be 2.5 and the average return
for stocks traded on the Ghana Stock Exchange to be 10% while the
rate on Government of Ghana traded Treasury bills is 5%. The
successful production of the vaccine will generate additional cash
flows for CPC. The Production and Marketing department has
presented the information in the table below:
2020
Variable cost per unit of the product
GH¢150
Selling price per unit
GH¢350
Quantity
400,000units per annum
Again the following information should be taken note of:
Feasibility studies cost the company GH¢2,000,000
Test marketing expenses amounts to GH¢1,000,000
The research into the discovery of the vaccine costs
GH¢5,000,000
Variable cost will increase by 5% per annum
Selling price will increase by 10% per annum
Marketing expense will be 5% of sales revenue per year
Overhead cost will be fixed at GH¢6000,000 per year
The project will last for five (5) years (2021-2025)
Examiner: Isaac Ofoeda Page 3
Charge depreciation using the straight-line method
Salvage value for equipment is GH¢2,000,000
CPC falls within the 25% tax bracket
An initial working capital investment of GH¢10,000,000 will be
made. Subsequently, net working capital at the end of each year
will be equal to 10 percent of sales for that year. In the final
year of the project, net working capital will decline to zero as
the project is wound down. In other words, the investment in
working capital is to be completely recovered by the end of the
project’s life
The introduction of this new vaccine is expected to lead to
10,000 units per annum drop in sales of vaccines for other types of
corona virus by. The selling price per unit of existing products is
GH¢100 while the variable cost is GH¢70. This has no tax
implications for the new vaccine.
The project will be financed with debt and equity
Required:
a. Evaluate the project using the NPV and Profitability index and
recommend whether CPC should go ahead with the production of the
vaccine.
b. Discuss three (3) qualitative factors that the Management of CPC
might have to consider and how these factors are expected to
influence the decision of Management with regards to the production
of the vaccine.
c. Under what circumstances will you prefer profitability index to
NPV as project evaluation techniques.
d. Explain why sunk costs should not be included in a capital
budgeting analysis, but opportunity costs and externalities should
be included.
(Total: 20 marks)
In: Accounting
The HBR (2004) article entitled “Customer-Centered Brand Management,” argues that brand managers should “make (their) brands as narrow as possible.” Explain a) why this is a sensible general advice to today’s brand managers, and b) under what circumstances it may not be a good guideline to follow.
(Limit your discussion to 1 type-written page.)
In: Finance
On June 1 , 2020 Rita Cushing purchases 20 hectares of farm land from her neighbors and agree to pay the purchase in five equal payments of $12000 each due June 1, the first payment to be payable June 1, 2004 , with interest compounded annually at the rate of 15%
what is the purchase price of land?
In: Finance
A regular hexagonal foundation 3 in. deep is being poured for a hexagonal building. If the distance across the flats of the foundation is 27 ft, how many cubic yards of concrete are needed?
In: Advanced Math
In: Accounting