Myth of income inequality in US
Although US is the largest economy in the world, some says it is one of the worst income inequal countries among the industrialized countries and Income inequality in US is not improving.
Q1) Does this claim have any truth in it? If so, discuss it with specific economic data.
Does the new Trump Tax cut make income inequality worse? Does lock-down due to COVID-19 hurt the low-income class more than the high-income class?
Q2) Some says, “In US, the upper class is doing better, the middle class is disappearing and more people are living under poverty.”
If so, what is the social, economic and psychological consequence from growing income inequality?
Q3) Some says US government should do something to reduce the gap between the poor and the rich? Do you agree or not?
Q4) If so, is it a good idea to raise more tax from the wealthy and provide more welfare safety nets to the poor, or increase of minimum wage, or free higher education with Government subsidy or universal basic income?
Q5) Is any better idea of government policy over this matter? since middle class struggles with heavier consumer debt due rising rent cost, medical cost, and education cost, and job insecurity due to automation.
In: Economics
Daughter furnished $20,000, and the descedent furnished $60,000 to acquire the stock, costing $80,000. The $20,000 provided by the daughter was interest income earned from other property she originally received as a gift from her father. The stock had a date of death value of $100,000. What would be included in father's gross estate if he died first?
In: Accounting
Question: For each of the following items, determine whether the item would be:
a. added to the bank balance
b. subtracted from the bank balance
c. added to the book balance
d. subtracted from the book balance
11. Interest revenue earned
12. NSF check
13. Deposit in transit
14. Service charge
15. Outstanding check
In: Accounting
1A) Nicholas has built a 16,000 dollar stock portfolio with a beta of 1.2, an expected return of 10.8 percent, and a standard deviation of 25%. Melinda also has a 16,000 dollar portfolio, but it has a beta of 0.8, an expected return of 9.2 percent, and a standard deviation that is also 25%. The correlation coefficient between Nicholas' and Melinda's portfolios is zero. If Nicholas and Melinda marry and combine their portfolios, which of the following best describes their combined $32,000 portfolio?
- The combined portfolio's expected return will be greater than the simple weighted average of the expected returns of the two individual portfolios, 10.0%.
- The combined portfolio's standard deviation will be equal to a simple average of the two portfolios' standard deviations, 25%.
- The combined portfolio's beta will be equal to a simple weighted average of the betas of the two individual portfolios, 1.0; its expected return will be equal to a simple weighted average of the expected returns of the two individual portfolios, 10.0%; and its standard deviation will be less than the simple average of the two portfolios' standard deviations, 25%.
- The combined portfolio's standard deviation will be greater than the simple average of the two portfolios' standard deviations, 25%.
1B) Stock A has an expected return of 11 percent, a beta of 0.9, and a standard deviation of 15 percent. Stock B also has a beta of 0.9, but its expected return is 9 percent and its standard deviation is 13 percent. Portfolio AB has $900,000 invested in Stock A and $300,000 invested in Stock B. The correlation between the two stocks' returns is zero. Which of the following statements is CORRECT?
- The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is overvalued.
- Portfolio AB's expected return is 11.0%.
- The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is undervalued.
- Portfolio AB's beta is less than 1.2.
1C) Suppose you obtain the following information regarding Companies Facebook and Uber:
Given this information, which of the following statements is CORRECT?
- Company Facebook's stock is a better buy than Company Uber's stock.
- Company Facebook has more diversifiable risk than Company Uber.
- Company Facebook's returns will be negative when Uber's returns are positive.
- Company Facebook has a lower coefficient of variation than Company Uber.
In: Finance
Determine the pressure in ?? at the tropopause for the US Standard Atmosphere ( surface temperature ??℃ ). Assuming that the temperature is isothermal at −??℃ from the tropopause, determine the pressure at a height of ??? ??. ( ? = ??? ??−??? −? , ? = ? ∙ ?? ?? −? , ?? = ???? ??, ? = ? ∙ ?℃ ??−? ).
In: Physics
Q5) What are non-tariff trade barriers? Provide a few examples using food products that are imported or exported from the US.
In: Economics
Analyse how imported tariff by US on imported steel , almiuum and ather product from chine affected china and DOMESTIC INDUSTRIES
In: Economics
Ratio of Liabilities to Stockholders' Equity and Number of Times Interest Earned
The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years:
| Current Year | Previous Year | |||
| Accounts payable | $982,000 | $229,000 | ||
| Current maturities of serial bonds payable | 580,000 | 580,000 | ||
| Serial bonds payable, 10% | 2,310,000 | 2,890,000 | ||
| Common stock, $1 par value | 100,000 | 120,000 | ||
| Paid-in capital in excess of par | 1,060,000 | 1,070,000 | ||
| Retained earnings | 3,680,000 | 2,920,000 | ||
The income before income tax was $809,200 and $708,100 for the current and previous years, respectively.
a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place.
| Current year | |
| Previous year |
b. Determine the times interest earned ratio for both years. Round to one decimal place.
| Current year | |
| Previous year |
c. The ratio of liabilities to stockholders' equity has improved and the number of times bond interest charges were earned has improved from the previous year. These results are the combined result of a larger income before income taxes and lower interest expense in the current year compared to the previous year.
In: Accounting
Ratio of Liabilities to Stockholders' Equity and Number of Times Interest Earned
The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years:
| Current Year | Previous Year | |||
| Accounts payable | $464,000 | $286,000 | ||
| Current maturities of serial bonds payable | 470,000 | 470,000 | ||
| Serial bonds payable, 10% | 2,230,000 | 2,700,000 | ||
| Common stock, $1 par value | 90,000 | 110,000 | ||
| Paid-in capital in excess of par | 990,000 | 1,000,000 | ||
| Retained earnings | 3,440,000 | 2,730,000 | ||
The income before income tax was $756,000 and $661,500 for the current and previous years, respectively.
a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place.
| Current year | |
| Previous year |
b. Determine the times interest earned ratio for both years. Round to one decimal place.
| Current year | |
| Previous year |
c. The ratio of liabilities to stockholders' equity has improved and the number of times bond interest charges were earned has improved from the previous year. These results are the combined result of a larger income before income taxes and lower
Correct
interest expense in the current year compared to the previous year.
In: Accounting
MARKETING (Advertising and marketing communications)
A ________________ is an agency document that acts as a “roadmap or platform for creatives to help them understand who the target is, what motivates them and what is unique about their brand to develop the creative campaign.
The three key elements of advertising are to _______________, _________________ and __________________.
Part of the creative communication brief that addresses the personality or brand character of the brand and the campaign is called the ______
An analysis of a brand containing the elements of the company, category, competition and consumer is called the ________analysis.
__________ Research provides you with an opportunity to observe, first hand, what life is like from the consumers point of view…best way to study and record human culture.
_______________ is the grouping of consumers into market segments on the basis of feelings, lifestyles, hobbies, attitudes, beliefs, values, etc.
Name four of the different types of positionings ___________, ____________, ___________, ______________.
In terms of strategic creative approaches, the ___________________ approach is based on an informational message that touches the mind that is very often heavy handed and in your face commercials.
A _______________________ is the person responsible for managing all tangible/intangible characteristics of a brand.
One look and consistent messaging for all marketing across all media i.e. TV, print, Internet, mobile, etc. is a key characteristic of __________________________
This ________________ thinking is defined by intuitive, holistic, artistic, and emotionally expressive thinking?
The AIDA Model helps us understand the consumer buying process. The process includes the steps of ____________________________
_______________ is the Art & Science of identifying groups of consumers with similar needs and wants.
The ____________in developing creative campaigns consists of an emotional appeal and response based on attitudes. moods & feelings
The best way to uncover consumers attitudes towards their product or service is to uncover the why and what motivates them is called ____________ research
A ______________ is a perception that consists of both intangible and intangible elements
Which type of segmentation divides the market using characteristics such as gender, ethnicity, income, and so forth ____________
The energizing and driving force that not only activates consumer behavior but also provides purpose and direction to their purchase decisions is known as__________
Mass marketing is ineffective because _____________________________
We are all influenced by ___________ groups in our consumer behavior and decision-making process like
Brands need to understand different kinds of segmentation. One important factor is to know that people change over time as they get older. This is known as _____________
Identifying a group of people for which a brand designs a marketing mix intended to meet the needs & wants of that group is known as _____________________
___________ is the process where any individual selects and interprets stimuli into a personal meaningful picture
The ____________department within the agency conducts, surveys and focus to understand the consumer for the development of advertising.
Prestige, status, and accomplishments are all examples of which level of needs in Maslow's Hierarchy of Needs? ____________
The type of segmentation that helps marketers determine the consumers need for products and provides information i.e. factors such as: age, income, geographic area, education, etc. is called _______________
Who is the person most responsible for designing images that tell stories and create brand impressions in an advertisement? __________________
We have discussed in class the different ways that a brand develops its positioning that forms the basis for an advertising campaign. What does the brand base its unique positioning statement that is different from other brands? _____________________-
The “Place” a brand occupies in consumer’s mind belongs in a definition of ________________
The _______________ team within the agency is responsible for the development and production of the advertising and communications material.
_________________ is the stage in the consumer decision-making process in which consumers sort out products on the basis of tangible and intangible features.
Who in an advertising agency is most accurately described as "speaking for the consumer" or "speaking with the voice of the consumer"? _____________
Background research that uses published information about the company’s company, category, competition and consumer is known as _______research
What type of thinking does not make for Great Creative work? __________________
________ is the total of learned beliefs, values and customs that regulate consumer behavior
The ___________________________________matches the right audience to right message. in right medium to reach audience.
An ad may be entertaining but if it isn’t relevant to the advertising strategy & based on consumer needs IT WILL FAIL. Within creativity, this is known as __________________________
In: Operations Management