Explain in your own words why banks exist (again you cannot paraphrase). Be as specific as you can. Think about what problems they solve.
In: Economics
You’ve heard your professor state that Translation risk and related Translation adjustments are accounting entries and may not be accorded much significance by some companies even if the dollar impacts are material.
a. What is Translation risk and why might companies look at it differently?
b. Assuming a company is concerned about it what potentially strategy or strategies could you recommend to mitigate the exposure?
My thinking is that the responses may be between 1 and 2 pages
In: Finance
19-28: Theoretical Probabilities. Use the theoretical method to determine the probability of the following outcomes and events. State any assumptions that you make.
19. Tossing two coins and getting either no tails or one tail
20. Rolling a single die and getting an even number (2, 4, or 6)
21. Drawing a king from a standard deck of cards
22. Drawing a red card (heart or diamond) from a standard deck of cards
23. Randomly selecting a two-child family with two boys
24. Randomly selecting a three-child family with exactly two boys
25. A randomly selected person has a birthday in April.
26. A randomly selected person has a birthday in a month beginning with J.
27. Sharing a birthday with another person when you both have birthdays in December
In: Statistics and Probability
What is your position on a $15/hour minimum wage in your area (you may need to look it up for your location)? In regards to the fast food industry, what would be the short-term ramifications? How about the long-term effects? Should the minimum wage be nationalized? Explain.
In: Economics
We had discussed the possibility of judging if a person is ethical even if it is not possible to agree on what is ethical in a situation. An argument was that if we find that a person has integrity to the ethics principles s/he espouses under all circumstances, consistently, then we could say that person is ethical. Do you think that this criterion of integrity is sufficient for being ethical? State your position on this and make your arguments for your position.
please help me with ideas to write a paper about this... I need around 1000 words :( thanks
In: Operations Management
HOMEWORK ASSIGNMENT # 1
Due Date: Tuesday, February 20, 2018 by 5:15 pm
Required format: This assignment is worth 20 pts. You should use
Microsoft Word or a similar typing program to write your answers to
the questions below. Hand-written copies will be subject to a
deduction of 5 pts. Take a photo of your graphs and paste them as a
picture in your document or draw them using one of the drawing
tools available in Excel or Word. All the publications and internet
sources you rely upon to prepare some of your answers should be
listed at the end in the form of a proper bibliography (which
should include complete information on magazine or journal titles,
dates of publication, page numbers, and website addresses - if
applicable).
Submission: You are expected to submit two copies of your homework
– a hard copy in class on Tuesday, February 20 and an electronic
copy via the drop box created on HuskyCT. Your work will be checked
for plagiarism via SafeAssign. Submitting the same answers as a
fellow student or simply copying information from a
publication/internet source is considered plagiarism. According to
Uconn policies such assignments receive 0 points. Late submission
is allowed, but is subject to a 3-points deduction per day.
1. The following table indicates the monthly quantities of lamb
meat supplied and demanded at different prices.
Price of Lamb Meat ($ per pound)
Quantity Demanded (in thousands)
Quantity Supplied (in thousands) $4 76 56 $5 70 60 $6 64 64 $7 58
68 $8 52 72 $9 46 76
(a) Use the above information to plot the demand and supply curves
for lamb meat (make sure to properly label your graph). What is the
equilibrium price and quantity? How do you know? (1 pt.) (b) Why is
the demand curve downward sloping? Why is the supply curve upward
sloping? Explain briefly. (1 pt.) (c) What would happen if the
price of lamb meat increases to $9? What would happen if it falls
to $4? Support both answers with appropriate graphs and arguments.
Determine the market condition due to each change. Hint: Remember
the discussion in class about gasoline shortage. (2 pts.) (d) In
what direction would equilibrium price and quantity move (i.e.
increase, decrease, or not change) if there is a decrease in the
number of lamb meat consumers (say, due to change in dietary
preferences)? Use a graph to illustrate the situation and explain
your answer. (1.5 pts.) (e) In what direction would equilibrium
price and quantity move (i.e. increase, decrease, or not change) if
the cost of producing lamb meat decreases? Use a graph to
illustrate the situation and explain your answer. Ignore the change
in part d. (1.5 pts.)
ARE 1110, Spring 2018, Emma Bojinova
2. Typically, goods that are in high demand have a high market
price. However, some goods that are in high demand during their
peak season have lower prices as compared to their out-of-season
price. Use your knowledge of supply & demand to explain the
lower equilibrium price of cherries sold in the summer (their peak
season), as compared to their price during the rest of the year
(say, in the winter). Show it graphically and briefly explain. (3
pts.)
Hint: You should draw two demand and two supply curves in the same
graph (for winter and summer). Start with the winter to show your
initial demand and initial supply of cherries. Then, show the
changes that occur in the summer months and prove that the price of
cherries in the summer is lower than in the winter.
3. Consider the market for railroad transportation (number of
railroad trips offered/produced and demanded). The two parties
directly involved in a railroad transaction, the railway company
and passengers, both benefit from having railroad transportation.
Assume that railway engines create sparks that ignite surrounding
woodlands and farmlands, thus, destroying timber and crops. (a) Use
a demand-supply diagram to illustrate the market equilibrium in
railroad transportation. Show the demand and supply curves. Label
the market equilibrium quantity Qm and the market equilibrium price
Pm. (1 pt.)
(b) Use the concept of externalities to argue that the free market
will not produce the socially desirable quantity of railroad
transportation (Qsd). Use your demand-supply diagram to compare the
free market and the socially desirable quantities of railroad trips
(i.e. which one is greater?). Is this a positive or a negative
externality? Is it a production or a consumption externality? Hint:
Do you have two different marginal cost curves or two different
marginal benefit curves? (2 pts.)
(c) What kind of government policies could be used to improve upon
the free market outcome in 3(a)? Discuss briefly two possible
policies. (1.5 pts.)
4. (a) Define the terms Gross National Product (GNP) and Real Per
Capita GNP. (1 pt.)
(b) State and explain three limitations of using real per capita
gross domestic product as a measure of national well-being and
progress when comparing different countries. (1.5 pts.)
5. In 2017, the population of Sugarland was 200 million and its GNI
(or GNP) was $80 billion. You are also told the following facts
about this country: annual birth rate is 3.5%, annual death rate is
1.5%, annual net migration is 0.5 million, and GNI increases each
year by $5 billion. (a) What will be the population of Sugarland in
2018? Note that net migration is given in millions, not in
percentage. (1.5 pts.) (b) Calculate the per capita GNI of
Sugarland in 2017 and in 2018. At what percentage rate will per
capita GNI grow in this one year time period? (1.5 pts.)
In: Economics
An urn has 2 red, 5 white, and 4 blue balls in an urn and two are drawn one after another without replacement. What is the probability that the two balls are both red given that they are the same color?
In: Statistics and Probability
You are a data analyst with strong backgrounds in database design and management. In fact, you have learned from education, mentors, and experience the art of collecting data and transforming data into business intelligence and your experience in database design and management complements your abilities to analyze data. Your hypothetical employer, Park University, is in the process planning a new employee payroll database and has asked you for assistance. The database will be standalone but will need to have ability to communicate with other ODBC and SQL Server databases. The overall purpose of the database will be to input employee data for 100-150 employees. The database will need to input time and process data needed to document payroll and to create payroll checks. Park University at this point needs to understand and review options so that cost to develop and maintain this payroll database are kept at a minimum but without compromising security. Park University has requested information and has asked you to address the following questions: Would a full-scale Database Management System (DBMS) or Relational Database Management Systems (RDBMS) be required in this case? Discuss and defend your answer in scholarly detail!! Could Microsoft Access be a good option in this case? Discuss and defend your answer in scholarly detail!! Could even Microsoft Excel be used in this case maybe as a secondary database support application for further data analysis and statistical models? Discuss and defend your answer in scholarly detail!! What Systems Development Life Cycle methodology would you suggest in this case for the overall planning, design, implementation, and maintenance of this database? Discuss and defend your answer in scholarly detail!! What else might you need to cover to help Park University determine what type of database to consider for the new payroll database? Include any other important conclusions or content you see fit to support this assignment.
In: Computer Science
Jeremy Roberts had great expectations about his future as he sat in his graduation ceremony in May 2015. He was about to receive his Master of Accounting degree, and next week he would begin his career on the audit staff of Mayberry, Taylor, Jones & Co., CPAs. Things looked a little different to Jeremy in February 2016. He was working on the audit of Johnson Manufacturing, an electronics manufacturer with a calendar year-end. The pressure was enormous. Everyone on the audit team was putting in 70-hour weeks, and it still looked as if the audit wouldn’t be done on time. Jeremy was doing work in the fixed asset area, vouching additions for the year. The audit program indicated that a sample of all items over $20,000 should be selected, plus a judgmental sample of smaller items. When Jeremy went to take the sample, John Wren, the senior, had left the client’s office and couldn’t answer his questions about the appropriate size of the judgmental sample. Jeremy forged ahead with his own judgment and selected 50 smaller items. His basis for doing this was that there were about 250 such items, so 50 was a reasonably good proportion of such additions. Jeremy audited the additions with the following results: The items over $20,000 contained no misstatements; however, the 50 small items contained a larger number of misstatements. In fact, when Jeremy projected them to all such additions, the amount seemed quite significant. A couple of days later, John Wren returned to the client’s office. Jeremy brought his work to John in order to apprise him of the problems he found and got the following response: “Gosh, Jeremy, why did you do this? You were only supposed to look at the items over $20,000 plus 5 or 10 little ones. You’ve wasted a whole day on that work, and we can’t afford to spend any more time on it. I want you to throw away the schedules where you test the last 40 small items and forget you ever did them.” When Jeremy asked about the possible audit adjustment regarding the small items, none of which arose from the first 10 items, John responded, “Don’t worry, it’s not material anyway. You just forget it; it’s my concern, not yours.” Required: In a 3 to 4 page paper, answer the following questions regarding the case: 1. Describe the ethical dilemma in detail, using pertinent facts to support your answer. 2. Identify each of the stakeholders and fully explain how each person/groups is a stakeholder. 3. List, in detail, several alternative responses that can be selected regarding the dilemma and explain the effect that selecting each of the alternative responses would have on the stakeholders. 4. Fully explain the action and implementation plan you would take regarding the response you would select.
In: Accounting
1). In approximately 350 words, please:
Summarize and briefly explain Thomson’s “ailing violinist” case. What are the details of the case? What are Thomson’s moral intuitions about the case? And how (specifically) is Thomson’s violinist case supposed to motivate an argument in favor of the moral permissibility of abortion in certain cases? In other words, how is Thomson’s argument is supposed to work and what is it supposed to ultimately show? Do you think Thomson’s argument is a good one? Explain why or why not.
2). In approximately 350 words, please:
Summarize and briefly explain Marquis' argument for the impermissibility of abortion. What specific considerations does Marquis use to support his argument? According to Marquis, what is it (most fundamentally) that makes killing wrong? And how (specifically) is Marquis’ view about the wrongness of killing supposed to motivate an argument in favor of the moral impermissibility of abortion? Do you think Marquis’ argument is a good one? Explain why or why not.
In: Psychology