Be sure to address each point in the question and explain your argument carefully.

1. What is globalization? Does globalization create opportunity or risk? Who are the winners and losers of globalization over the last 40 years? (please refer to the talk: Globalization – Opportunity or Risk?)
2. How has globalization affected standards of living throughout the world? Is the recent period of intensified globalization associated with rising incomes and falling poverty, or has it instead been associated with widening global income inequality and rising poverty?

A guard rail at the front row of the second deck of a sports stadium is 33 inches high. When someone sits back normally in a seat with a seat back in that section, the angle between the eye and the near edge of the playing field is 35 degrees below horizontal.

a) can an average person see over the rail? (use anthropometric data to make an estimate)

b) suggest how you would design the railing to prevent a front row fan from falling over the edge.

Zoom has gained a lot of attention because of how the company extended its technology in the global pandemic. In the same breath, the company has received harsh criticism regarding its product's security which shows that Zoom is falling short of the industry standard levels of security. As a senior executive, explain the steps you will take to fix this problem. Be sure these steps follow (i) ethical guidelines in the industry, (ii) the company's dynamic capabilities and (iii) the industry life cycle of a firm.

Waterways Corporation has recently acquired a small manufacturing operation in British Columbia that produces one of its more popular items. This plant will provide these units for resale in retail hardware stores in British Columbia and Alberta. Because the budget prepared by the plant was incomplete, Jordan Leigh, Waterways' CFO, was sent to B.C. to oversee the plant's budgeting process for the second quarter of 2021.

Jordan asked the various managers to collect the following information for preparing the second-quarter budget.

Based on the experience in the home plant, Jordan has suggested that the B.C. plant keep 10% of the next month's unit sales in ending inventory. The plant has contracts with some of the major home hardware giants, so all sales are on account; 50% of the accounts receivable is collected in the month of sale, and the balance is collected in the month after sale. This was the same collection pattern as the previous year. The new plant has no bad debts.

Direct Materials

The combined quantity of direct materials (consisting of metal, plastic, and rubber) used in each unit is 1.1 kg. Metal, plastic, and rubber together amount to $1.50 per kg. Inventory of combined direct materials on March 31 consisted of 12,155 kg.

This plant likes to keep 10% of the materials needed for the next month in its ending inventory. Fifty percent of the payables is paid in the month of purchase, and 50% is paid in the month after purchase.

Accounts payable on March 31 will total $120,600.

Direct Labour

Labour requires 15 minutes per unit for completion and is paid at an average rate of $18 per hour.

Selling and Administrative

Variable selling and administrative expenses per unit are $1.62.

Other Information

The cash balance on March 31 will be $100,500, but Waterways has decided it would like to maintain a cash balance of at least $500,000 beginning on April 30. The company has an open line of credit with its bank. The terms of the agreement require borrowing to be in $1,000 increments at 3% interest. Borrowing is considered to be on the first day of the month and repayments and interest payments are on the last day of the month.

In May, $845,000 of new equipment to update operations will be purchased.

Three months' insurance is prepaid on the first day of the first month of the quarter.

Instructions

For the second quarter of 2021:

a.Prepare a sales budget.

b.Prepare a schedule for expected cash collections from customers.

c.Prepare a production budget.

d.Prepare a direct materials budget.

e.Prepare a schedule for expected payments for materials purchases.

f.Prepare a direct labour budget.

g.Prepare a manufacturing overhead budget.

h.Prepare a selling and administrative expenses budget.

i.Prepare a cash budget.

Include supporting calculations.

December of the previous year 50,000, January70,000, February 100,000, March60,000, April100,000. Past experience shows that 45% of sales are collected in the month of the sale, and 55% in the month following the sale.

    2. Prepare a purchases budget for January through March, and the first quarter in total. Assume that the company only sells one product that can be purchased at $35.00 per unit. The market for this product is very competitive and customers highly value service such as quality and on time delivery of the product. Also assume that currently it is company policy that ending inventory should equal 45% of next month’s projected sales. All costs are paid in the current month except inventory purchases, which are paid in the month following the purchase (i.e. January purchases are paid in February).

3. Prepare a cash budget for January through March and for the first quarter in total. The company maintains a minimum cash balance of $70,000, and this was the balance in the cash account on January 1^st. Other expenses include $35,000 per month for rent, $24,000 per month for advertising, and $66,000 per month for depreciation. In addition, variable Selling & Administrative cost is $12 per unit sold, and the company paid a $20,000 dividend in February.

The company has an open line of credit with a bank and can borrow at an annual rate of 12%.
For simplification assume that all loans are made at the beginning of the month when borrowing is needed, and repayments are made at the end of a month if there is enough cash to make the payment. Also, interest associated with a loan is only paid at the time when that loan or a portion thereof is paid. Additionally, all loans and repayments (not the interest portion) can only be made in increments of $1000 and the company would like to pay its debts, or a portion thereof, as soon as it has enough cash to do so.

The part of corporate profits that is paid to the shareholders of a corporation is

A. retained earnings. B. business revenue. C. dividends. D. shareholders.

2. If​ Dell, a computer​ company, is determining whether to build a new plant in Texas or in New​ Mexico, it is making​ a(n) ________ decision.

A.​short-run

B. immediate-run

C. variabl-input

D. ​long-run

3. If marginal product is​ negative, then

A.average profit is rising.

B.total product is rising.

C.total product is falling.

D.marginal cost is falling.

4. Marginal cost is equal to average variable cost

A.when marginal cost is at its minimum value.

B.when average variable cost is getting smaller

C.when average variable cost is getting larger.

D.when average variable cost is at its minimum value.

5. - The​ long-run average cost curve

A.is a curve which is tangent to each member of a set of​ short-run average cost curves.

B.is always a downward sloping straight line.

C.is identical to the marginal cost curve.

D.should always be horizontal.

6. Due to extremely large fixed​ costs, an electricity generating plant probably experiences which of the following returns to​ size?

A.constant returns to scale

B.diminishing marginal product

C.economies of scale

D.diseconomies of scale

1- The Variable Cost, (VC), of making 10 fidgets is 100, the Variable Cost, (VC), of making 11 fidgets is 110, What is the Marginal Cost, (MC), of making the 11th fidget?

2- The Total Cost, (TC), of making 10 widgets is 490 , the Total Cost, (TC), of making 11 widgets is 550,What is the Marginal Cost, (ATC), of making the 11th widget?

3- The Total Cost, (TC), of making 10 widgets is 490, the Total Cost, (TC), of making 11 widgets is 550,What is the Average Total Cost, (ATC), of making 11 widgets?

4- The Total Cost, (TC), of making 10 widgets is 490, the Total Cost, (TC), of making 11 widgets is 550,What is the Average Total Cost, (ATC), of making 10 widgets?

5- If Marginal Cost is less than (below) Average Total Cost

6-

If Marginal Cost is greater than (above) Average Total Cost

E7-8 Evaluating the Effects of Inventory Methods on Income from Operations, Income Taxes, and Net Income (Periodic) [LO 7-3]

-A smug little kitten pounces about on the top of a skyscraper. In his excessive confidence, he slips and tumbles over the edge. Don't worry...he manages to cling to a pipe that extends out horizontally from the top of the building and is safe...for now. (Use g=9.80 m/s^2 for the acceleration of gravity for the entire problem.) If kitten has a mass of (m1=2.9 kg) and hangs at rest from the pipe, with what magnitude of force must he cling to the pipe to prevent from falling?

-A child looks out his window and sees the cat hanging from the pipe above, so she decides to act. The child opens the window and flings a lasso at the cat, successfully ensnaring his tail with the rope. If the cat's tail is located (x=1.59 m) from the wall (in the horizontal direction) and (y=3.67 m) from the window (in the vertical direction), what angle does the rope make with the wall? (Give your answer to 3 sig figs. and give the angle in units of degrees [deg]

-Seeing that she has snagged the cat by the tail, she attempts to pull the cat free from the pipe by pulling the rope with a constant force of (F1=26.8 N). What is the magnitude of the upward force that kitten must apply to the pipe to keep from falling? (Give your answer to 3 sig figs.)

-What is the magnitude of the horizontal force that kitten must apply to the pipe to keep from falling? (Give your answer to 3 sig figs.)

-Finally, the rope snaps, disorienting kitten. This causes him to lose his grip, plummeting to the ground below (don't worry...I won't let him die). At this very moment, a group of physics students who have been analzing the situation from directly below, band together to construct a large, pillowy pile of trash bags from a nearby dumpster for the cat to land on. Assuming kitten falls from rest, how fast is he going when he arrives at the cozy trash bag landing pad (h=80.7 m) below? (Give your answer to 3 sig figs.)

what are the short term and long term affects of increased government spending?