Case #1
Suppose that you recently completed your MBA and have just reported to work as an
investment advisor at the consultancy firm of Wais and Qais Inc. One of the firm’s clients
is Saad, a professional table tennis player who has just come to the Afghanistan from
Japan. Saad is a highly ranked table tennis player who would like to start a company to
produce and market kit he designs. He also expects to invest substantial amounts of
money through Wais and Qais
Saad is very talented, and he would like to understand in general terms what will happen
to his money. Your boss has developed the following set of questions you must answer to
explain the financial system to Saad.

Question1:

a. What is the role of primary market in fund transferring from providers (savers) to users (borrowers?)

b. What is flow of fund? Who are the providers (savers) and users (borrowers) of capital?

c. What is financial markets? Describe some types of financial markets? How are secondary markets organized?

Please Attempt all above questions (a.b.c)

No plagiarism, only own wording has credit.

Imagine that you are the CEO of Moet Hennessy Louis Vuitton SE (LVMH). You have just received share price valuation estimates for a potential buyout target, Rimowa, from two of your top financial analysts. You have confidence in their estimates because they have taken FIN 305 from the Shidler College of Business. Both analysts used the discounted cash flow (DCF) model to estimate the share price resulting in a valuation of $50, by the first analyst and $60, by the second analyst. Part I: Identify two possible causes for the significant difference in valuation and briefly explain how each possible cause affected the DCF model’s share price estimate. Part II: You made a buyout offer of $55 a share and Rimowa’s CEO rejected it. The German luxury luggage brand Rimowa is crucial to LVHM’s strategic expansion into brands that have heritage and a unique position. As the CEO of LVHM what would you do to meet LVHM’s strategic objective while minimizing the cost to acquire Rimowa? Briefly defend your recommendation.

1. Antigen presentation is an important link between innate and acquired (adaptive) immunity. Explain in detail how the process occurs. Please include: what cells might be involved, the differences between MHC 1 and MHC 2 and how antigen presentation leads to differential activation of acquired immunity.

  Antigen presentation is an important link between innate and acquired (adaptive) immunity. Explain in detail how the process occurs. Please include: what cells might be involved, the differences between MHC 1 and MHC 2 and how antigen presentation leads to differential activation of acquired immunity.

The Chief Executive Officer of your company Hoota Limited wants you to explain the accounting treatment of the following transactions following your return from an IFRS workshop on various accounting standards. You are the finance manager of your company.

Transaction One

Hoota Limited introduced two pension schemes, ‘CON’ and ‘BEN’ on 1 April 2019 for the benefit of its employees. The following information relates to the two schemes as at 1 April 2020:

CON Scheme

Under this scheme the company’s obligation is limited to its fixed annual contribution of K600,000. The membership of this pension scheme is senior management staff of the company.

At 1 April 2019, there were contributions paid in advance for the year ending 31 March 2020 amounting to K150,000. In the year ending 31 March 2020, the company made total contribution of K1,040,000 out of which K200,000 related to the year ending 31 March 2021. During the year to 31 March 2021, total contributions of K1,400,000 were made out of which K250,000 were made in advance for the year that followed.

BEN Scheme          

Under this scheme, the company guarantees benefits to the employees when they reach 60 years or after working for the company for 30 years whichever comes earlier. The membership of this pension scheme is employees other than senior management staff.

The following relates to the pension scheme:                                  K’000

Net plan assets at 1 April 2020                                                  500

Current service cost                                                                2,000

Contributions paid                                                                      800

Pension benefits paid                                                                  400

Net plan liability at 31 March 2021                                            200

Appropriate annual discount rate 12%

During the year to 31 March 2021, Hoota Limited adjusted the formula used to calculate the benefits payable to employees. This resulted in a decrease of K510,000 in pension benefits payable to employees.

Contributions and pension benefits were all paid at 31 March 2021.

The company has only recorded contributions paid in its financial statements for the year to 31 March 2021.

Required:

Explain how the two schemes, CON and BEN should be treated in the financial statements of Hoota Limited for the year to 31 March 2021.

Note: Include all relevant calculations in your explanation.                                                                                                                                                                                             

Transaction two

Hoota Limited deals in groceries and hardware products. The company has thus two divisions, groceries’ division and hardware’s division. It was formed six (6) years ago by two Zambians who are the directors of the company. They have been responsible for the day to day running of the business. One of the directors made the following comments: “we have not seen the need to disclose the performance of each division. We have only been interested in the overall performance of the company; disclosing the performance of each division is a waste of time and

does not add any value to our financial statements. Further, as far as I am concerned, there are no known criteria for identifying operating segments”.

Required:

Discuss the comments made by the director of Hoota limited, making reference to appropriate accounting standards.                                                                                               

                                                                                                                        [Total: 20 marks]

During December of the current year, Teletex Systems, Inc., a company based in Seattle, Washington, entered into the following transactions:

Dec. 10 Sold seven office computers to a company located in Colombia for 8,778,000 pesos. On this date, the spot rate was 380 pesos per U.S. dollar.

Dec. 12 Purchased computer chips from a company domiciled in Taiwan. The contract was denominated in 510,000 Taiwan dollars.

The direct exchange spot rate on this date was $0.039.

Prepare journal entries necessary to adjust the accounts as of December 31. Assume that on December 31 the direct exchange rates were as follows:

EXCEL: In cell I4 insert formula(s) that will calculate the sum of Sales where COGS is greater than or equal to its average.

Define the marketing concept and why is it related to the triple bottom line- (5 pts) I would like for you to apply the triple bottom line concept to your current employer or one that you worked for in the past. Name of your company/organization______________________________________ Provide a 2-3 paragraph description of the company/organization. Indicate where the corporate headquarter is locate. Historical perspective on the company. Indicate the organization’s mission (reason for existing), major products or services and competition. How well is the company accepted by customers and the community? How is it positioned in the market(s) where it operates? Feel free to provide any additional information which will help me understand how the company operates. (25 pts) Explain how your employer’s activities can be categorized in the triple bottom-line measures. (30 pts). Give specific examples for each of these. Economic- (The answer will depend on whether the organization is a profit or nonprofit entity ) Social – Read this section in the text Environmental – Read about what this involves from text – explain what your firm or organization is doing in this regard Overall, how do you rate the performance of your employer on the triple bottom line measures -- excellent, good, fair or poor? Please justify your answer in a logical manner. (20 pts) What do you think that the organization needs to improve on to do a better job on the triple bottom line measures? Address each of the three components (20 pts) *If not employed you can use a former employer or an organization that you are very familiar with. Total 100 points.

Myers Publishing is a Canadian corporation with its principal offices in Calgary. It sells a line of teenage romance novels that has become quite popular with high school students around the world. The books were sold to U.S. residents via online purchase. So as to increase sales in the U.S., Myers wants to establish relationships with booksellers such as Barnes and Nobel, and Books A Million. It also wants a reliable source of books available in the U.S. so it wants to establish sales offices and warehouses throughout the U.S. You are a U.S. tax advisor to Myers and Myers asks that you explain the following:

What criteria are necessary in order to establish a trade or business in the U.S.