As you embark on your new career with “We Crunch the Numbers” you are confronted with a new problem, managing your own money. The firm has a 401(k) as well as money you want to invest outside your 401(k). You recently received a call from a former classmate who is a financial advisor. Your classmate guarantees to beat the S&P 500 for a fee of 1% of your total assets, annual. You took one financial class in your MBA and you are a strong believer in market efficiency. You also are aware that Vanguard has S&P 500 ETF that has an annual expense ratio of .03%. What is your decision?
In: Accounting
On April 1, Isaac Carter created a new travel agency, Carter Travel. The following transactions occurred during the company’s first month.
| Apr. | 1 | Carter invested $37,000 cash and computer equipment worth $18,000 in the company. | ||
| Apr. | 2 | The company rented furnished office space by paying $2,100 cash for the first month’s (April) rent. | ||
| Apr. | 3 | The company purchased $2,000 of office supplies for cash. | ||
| Apr. | 10 | The company paid $3,600 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | ||
| Apr. | 14 | The company paid $1,400 cash for two weeks’ salaries earned by employees. | ||
| Apr. | 24 | The company collected $14,000 cash for commissions earned. | ||
| Apr. | 28 | The company paid $1,400 cash for two weeks’ salaries earned by employees. | ||
| Apr. | 29 | The company paid $500 cash for minor repairs to the company’s computer. | ||
| Apr. | 30 | The company paid $600 cash for this month’s telephone bill. | ||
| Apr. | 30 | Carter withdrew $2,200 cash from the company for personal use. |
Information for month-end adjustments follows:
In: Accounting
1. The article "Where are the mothers?", highlighted the current shortcomings of US policies that support mothers who work outside of the home. Which of the following statements does the author use to support her claim that the US needs better policies to help parents balance paid employment with parenthood?
a. The US is the only developed country in the world that doesn't offer any paid maternity leave
b. A 2014 US study found that 50% of women who work outside of the home took a maternity leave of only 2 weeks or less
c. The Family Medical Leave Act guarantees 12 weeks of paid leave but only to employees who have been with a company for a year or longer
d. All of the above
2. Gender segregation among the types of jobs than men and women tend to perform is called ___________ segregation.
3. Which of the following is true of the wage gap?
a. Women earn 77 cents more than men do for the same work
b. The wage gap is the worst for women of color
c. The wage gap is slowly closing more and more each year
d. All of these are true of the wage gap
4. Which of the following is true of sexual harassment?
a. The #MeToo movement has raised awareness about the prevalence of sexual harassment in the US and worldwide
b. Sexual harassment is a workplace issue and a form of violence
c. Both of the above are true
d. None of the above are true
In: Economics
A dean of a business school wanted to know whether the graduates
of her school used the statistic skills that they learn in
university during their first year of employment after graduation.
As of today there are 34,050 graduates in total from the business
school. The Dean is committed to allocate more funding to the
development of the school’s statistics course if at least 17% of
its graduates use statistics skills during their first year of
employment. She surveyed 500 graduates. 105 graduates responded
that they actually find the statistic skills they learnt in
university useful and applicable in their first year of employment.
Estimate with 95% confidence the proportion of all of the business
school graduates who use their statistic skills during their first
year of employment.
b) Obtain the 95% confidence interval estimate of the proportion of
all of the business school graduates who use their statistic skills
during their first year of employment. Display working.
In: Statistics and Probability
In: Psychology
Beyond starting and running new businesses, entrepreneurs are change agents who transform innovation into reality. Apple Inc. is known as one of the world's most innovative companies, and it co-founder Steve jobs was credited with Apple's most important breakthrough innovations. Steve Jobs also founded Pixar, one of the most successful film studios of all time. He was clearly an entrepreneur extraordinaire, and created continuous innovation in his quest to create value through new products or services. Jeff Bezos, and Elon Musk are also entrepreneurs that stand out as examples of successful entrepreneurs. Discuss the traits and behaviors of these entrepreneurs that might have contributed to the outstanding record of innovation in the companies they led. What are the major differences in how these individuals have approached entrepreneurship? How have those differences impacted the organizations they have founded?
In: Operations Management
Skinner emphasized a scientific approach to the study of behavior, in part, because individual behavior is so unique. Understanding what the average person might do may tell us nothing about a certain individual. However, a science of personality that treats everyone as unique seems to become hopelessly complex, because we must study everyone individually. Does this really seem like a scientific approach, and whether it is or not, can it really help us to understand other people? Provide an example that illustrates the use of operant conditioning to shape your own personality. Can the same principles that shaped your personality be generalized to understanding the personality of others?
In: Psychology
Wealthy individual seek for private banking service for several reasons including portfolio diversification, risk at home country, tax evasion, escape from domestic legal enforcement, and confidentiality. Explain the core client base of offshore private banking as following:
In: Finance
As a statistical consultant, you have been asked to develop a linear model which shall be given to first year executive MBA students.
Variable Name Description
X1 Gender Male or Female
X2 GMAT Score Score on GMAT Test
X3 College Degree Previously Earned Bachelors, Masters, or PhD
Y Income Annual Income in Thousand Dollars
Where 1=Male and 2= Female for X1 and B = Bachelors Degree, M=Master’s Degree, and P= PhD for X3.
Question Based on above information.
In: Statistics and Probability
The LiveStrong Foundation, founded by Lance Armstrong, is a not for profit corporation. Discuss the advantages of a not for profit corporation in general compared to a "for profit" Corporation. In addition, discuss the differences between a Limited Liability Company and a "for profit" corporation. 2 Internet citation in APA style.
In: Operations Management