come up with the scenario where housing could give us a WTP to avoid pollution from a nearby coal power plant and a scenario where we could undercover the necessary payment people would be willing to accept to tolerate the coal plant nearby.
In: Economics
In: Physics
Zane just graduated from college and us thrilled to explore his new life and all the excitement that comes with it. Just now, Zane received communication from a company to whom he owes $100,000 in student loans. The information in the communication states that Zane agreed on an annual interest rate of 7.99% that is compounded annually. Also, Zane is allowed to make one fixed payment at the end of each year for the next 10 years.
Zane is shocked by this information because it has been 4 years since he signed that agreement but he is not dishearted because he received another email from a company he interviewed with that he has been hired at an above average starting salary. Zane is a planner and he pulls up his old financial calculator to figure out how he is going to be debt free very soon.
Although the loan asks for payment at the end of each year, Zane believes that he should not wait all year long and instead should save every month. His expected salary after taxes is $5,000 per month. He has a savings account at a credit union that is expected to pay 3% interest on savings that is compounded monthly.
In order to save the annual payment, Zane has decided to deposit an equal amount of money from his paycheck to his savings account. What should be the monthly amount for Zane to have accumulated the annual payment? Show steps on how you got answer.
In: Finance
Eric received an email from Amazon Customer Service that said "Thank you for contacting us." But Eric did not contact them. Instead, an attacker had contacted them and pretended to be Eric. When Amazon Customer Service asked the attacker to identify himself all he had to do was give Eric’s name, email address, and mailing address—which the attacker got from Whois, which contains Eric’s registration information for his website. However, Eric knew to protect his actual mailing address so the registration information on Whois was actually a hotel close to Eric’s house. Because the information matched what was on file, Customer Service told the attacker the mailing address of Eric’s order, which was his real home address. Eric contacted Amazon, found out these details, and told them not to release any of his information to anyone who contacted Customer Service, to which Amazon agreed. Fast forward two months. Eric again received another "Thank you for contacting us" email. After contacting Amazon again, he found that this time the attacker had tried to get the last four digits of Eric’s credit card number on file through more social engineering tricks.
Fortunately, this time Amazon did not surrender that specific piece of information (although they had ignored his previous instruction not to give out any information). Had they provided the credit card number the attacker would have had enough information to pass the "I’m-the-real- Eric" test on almost any of Eric’s online accounts (using his name, email address, mailing address, and last four digits of his credit card) and trick their Customer Service into resetting Eric’s password. This would then allow the attacker to get into Eric’s online accounts and purchase a virtually unlimited number of items charged to Eric’s credit card. What went wrong? Should the first Amazon Customer Service representative have been reprimanded? What policies should Amazon have had in place to prevent this? What technologies should there be in place to prevent this? As a customer, what should you do to protect your online accounts?
Write a one-page paper on your analysis.
In: Operations Management
Peter unmarried daughter, Celia lived with him in his home for the entire year. Peter is divorced. He owns his own home and pays all of the costs of upkeep for the home. Peter paid over one half of the cost of support for Celia. peter may file as head of household if Celia is...
A 19 years old and earned $3800 in wages
B 22years old a full time student for five minutes and earned $500 in wages
C 21years old and earned $3725 in wages
D 20 years old and earned $4000 in wages
In: Accounting
The executor of Gina Purcell’s estate has recorded the following information:
Assets discovered at death (at fair value):
| Cash | $ | 840,000 | |
| Life insurance receivable | 215,000 | ||
| Investments: | |||
| Walt Disney Company | 35,000 | ||
| Polaroid Corporation | 51,000 | ||
| Ford Motor Company | 58,000 | ||
| Dell Inc. | 56,000 | ||
| Rental property | 540,000 | ||
| Cash outflows: | |||
| Funeral expenses | $ | 45,000 | |
| Executor fees | 36,000 | ||
| Ordinary repairs of rental property | 5,000 | ||
| Debts | 89,000 | ||
| Distribution of income to income beneficiary | 6,400 | ||
| Distribution to charitable remainder trust | 420,000 | ||
| Cash inflows: | |||
| Sale of Polaroid stock | $ | 66,000 | |
| Rental income ($6,000 earned prior to death) | 14,000 | ||
| Dividend income ($4,400 declared prior to death) | 15,000 | ||
| Life insurance proceeds | 215,000 | ||
Debts of $41,000 still remain to be paid. The Dell shares have been conveyed to the appropriate beneficiary. Assume that Ms. Purcell’s will stated that all executor fees are to be paid from principal.
Prepare an interim charge and discharge statement for this estate.
In: Accounting
Assume you are interviewing for a part-time accounting job at Soda Pink Inc., and the interviewer gives you the following list of company transactions in September 2019.
Sep 1 Received $200,000 for capital stock issued.
2 Paid $23,000 cash to employee for wages earned in September 2019.
4 Purchased $75,000 of equipment on account.
5 Paid utilities of $1,800 for September 2019.
9 Paid $1,500 cash for September’s insurance premium.
11 Provided services for $70,000, with $20,000 received in cash and the remaining balance on credit.
15 Purchased $5,000 of supplies on account.
21 Received $25,000 from customers as payments on their accounts.
25 Paid $77,500 of accounts payable.
Required:
In: Accounting
Bill Darby started Darby Company on January 1, 2018. The company experienced the following events during its first year of operation:
1.Earned $16,200 of cash revenue.
2.Borrowed $12,000 cash from the bank.
3.Adjusted the accounting records to recognize accrued interest expense on the bank note. The note, issued on September 1, 2018, had a one-year term and an 8 percent annual interest rate.
Required
A.What is the amount of interest expense to record for 2018?
B.What amount of cash was paid for interest in 2018?
C.Use a horizontal statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. Indicate whether the event increases (I), decreases (D), or does not affect (NA) each element of the financial statements. In the Cash Flows column, designate the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). The first transaction has been recorded as an example.
In: Accounting
B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $379,200 with a 10-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 151,680 units of the equipment’s product each year. The expected annual income related to this equipment follows.
| Sales | $ | 237,000 | |
| Costs | |||
| Materials, labor, and overhead (except depreciation on new equipment) | 83,000 | ||
| Depreciation on new equipment | 37,920 | ||
| Selling and administrative expenses | 23,700 | ||
| Total costs and expenses | 144,620 | ||
| Pretax income | 92,380 | ||
| Income taxes (40%) | 36,952 | ||
| Net income | $ | 55,428 |
If at least an 9% return on this investment must be earned,
compute the net present value of this investment. (PV of $1, FV of
$1, PVA of $1, and FVA of $1) (Use appropriate factor(s)
from the tables provided.)
|
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In: Finance
HelloFresh is at the forefront of disrupting a multi
trillion-dollar industry at the very beginning of its
online transition. HelloFresh is a truly local food product,
uniquely suited to individual tastes and
meal-time preferences offering delivery of a giant box of delicious
food with recipes to enable easy
and enjoyable meal preparation for a weekly fee.
HelloFresh aims to provide each and every household in its 7
markets with the opportunity to
enjoy wholesome home-cooked meals with no planning, no shopping,
and no hassle required. Everything
required for weeknight meals, carefully planned, locally sourced
and delivered to your door at
the most convenient time for each subscriber. Behind the scenes, a
huge data driven technology platform
puts us in the prime position for disrupting the food supply chain
and for fundamentally changing
the way consumers shop for food. HelloFresh has local founders
across the globe who are able to
leverage the global platform, and at the same time ensure that the
HelloFresh product in each market
truly reflects the local community.
The soft subscription model business enables us to leverage our
weekly subscriber touch points to
consistently manage supply chains and demand, and to optimize the
customer experience as well as
our business economics. Customers sign-up for a box containing
between 2 and 5 meals per week
for a flat fee. If the customer is out of town or unavailable he
can easily cancel any week without a
penalty provided they notify HelloFresh in advance.
Dominik Richter has been CEO since starting HelloFresh in 2011. He
has responsibility for keeping
a general oversight of the business and strategy. Prior to
HelloFresh, Dominik worked with Goldman
Sachs in London. Dominik graduated with a degree in International
Business in 2009, and from the
London School of Economics in 2010 with a Masters in Finance.
Thomas Griesel has been responsible for the logistics and
operations behind HelloFresh since
founding with Dominik in 2011. Previously, Thomas had spent time at
OC&C Strategy Consultants and
worked on a range of his own businesses and ideas. He graduated
from with a degree in International
Business Administration in 2009, and from the London Business
School in 2010 with a Masters in
Management.
2011
All the way back in 2011, Dominik and Thomas arrived in Berlin,
intent on starting a new and disruptive
business. With a love of healthy food, nutrition, cooking, and a
desire to make access to healthy food
as easy as possible for as many people as possible - starting a
Food at Home business seemed the
natural choice.
2012
After examining business models from Sweden to Japan to very local
ideas, they and a group of
like-minded individuals formulated the recipe for HelloFresh. The
team started early in 2012 packing
shopping bags in Berlin, Amsterdam and London with a view to target
the highest density population
areas in Europe. Quite quickly, they started getting requests from
people outside those areas who all
wanted to become a part of the HelloFresh family. Wanting to serve
as many people as possible, the
team developed a logistics model that enabled them to deliver to
every single household across a
given country.
2013
The HelloFresh product started to rapidly gain in popularity, as
subscribers shared the excitement
about their weekly boxes, with friends and colleagues. Subscriber
referrals accelerated, as it became
clear that HelloFresh had finally solved the “What’s for dinner
tonight” problem for its subscribers.
2014
Having launched on the East Coast of the U.S in December 2012,
HelloFresh moved to cover the
entire country in September 2014. Over the short time since then,
HelloFresh has grown rapidly to
become one of the largest players in this market.
Questions
1. Do you consider HelloFresh a form of disruptive or sustaining
technology?
2. Is HelloFresh an example of Web 1.0 (ebusiness) or Web 2.0
(Business 2.0)?
3. Describe the ebusiness model associated with HelloFresh.
4. Describe the revenue model associated with HelloFresh.
In: Operations Management