You are analyzing an investment opportunity for your firm. The investment will cost $10,000 to undertake and will produce a cashflow of $2000 at the end of every year for the next 6 years. What is the internal rate of return?
Select one:
a. About 4%
b. About 4.5%
c. About 5%
d. About 5.5%
e. None of the above.

Discuss the significance and achievements of the National Rural Employment Guarantee Act (NREGA). Discuss the criticisms that have been raised against the act and how far they are valid. Discuss how effective is the public distribution system (PDS) in India. Evaluate the idea of wholesale replacement of the PDS with a cash transfer system.

ANSWER IN ABOUT 2000 WORDS.

True or false and explain

1. The paradox of thrift occurs when an increase in saving leads to an increase in investment spending.

2. Suppose that the economy of Kennyland has an MPC of 0.8and an MPIM of 0.2. Currently, real GDP is $1800 and full-employment GDP is $2000. In this example, an increase in government spending of $40 will eliminate the GDP gap.

Early 2000 years were famous for corporate scandals (Enron, Worldcom, and Tyco) Please give a recent example of an agency problem or scandal that came to light in the media. Make a reference to the textbook and state what type of conflict you are describing. (Stockholders vs. managers, managers vs. creditors, etc) Provide your reference.

Walter is Jack’s widower father who dies on January 20, 2018. For the past several years, Walter has qualified as a dependent of the Smiths.

Is he still qualifies as a dependent on the tax return of 2018 or not. Explain

An agent for a residential real estate company in a suburb located outside a major city has the business objective of developing more accurate estimates of the monthly rental cost for apartments. Toward the? goal, the agent would like to use the size of an? apartment, as defined by square footage to predict the monthly rental cost. The agent selects a sample of 8? one-bedroom apartments and the data are shown. Complete parts? (a) through? (f). Monthly Rent? ($) 925 1 comma 450 825 1 comma 450 1 comma 950 975 1 comma 800 1 comma 300 Size? (Square Feet) 850 1 comma 200 950 1 comma 150 2 comma 000 650 1 comma 250 1 comma 050 a. Construct a scatter plot. Choose the correct graph below. A. 0 2,000 0 2,000 Size (Sq ft) Rent ($) A scatter plot has a horizontal axis labeled Size (in square feet) from 0 to 2000 in increments of 400 and a vertical axis labeled Rent ($) from 0 to 2000 in increments of 400. A series of plotted points fall exactly on a line that falls from left to right, where the points range from (650,1500) to (2,000,500). All coordinates are approximate. B. 0 2,000 0 2,000 Size (Sq ft) Rent ($) A scatter plot has a horizontal axis labeled Size (in square feet) from 0 to 2000 in increments of 400 and a vertical axis labeled Rent ($) from 0 to 2000 in increments of 400. A series of plotted points fall exactly on a line that rises from left to right, where the points range from (650,650) to (2,000,2000). All coordinates are approximate. C. 0 2,000 0 2,000 Size (sq ft) Rent ($) A scatter plot has a horizontal axis labeled Size (in square feet) from 0 to 2000 in increments of 400 and a vertical axis labeled Rent ($) from 0 to 2000 in increments of 400. A series of plotted points are clustered around a line that falls from left to right passing through the points (800,1200) and (1200,1000). All coordinates are approximate. D. 0 2,000 0 2,000 Size (Sq ft) Rent ($) A scatter plot has a horizontal axis labeled Size (in square feet) from 0 to 2000 in increments of 400 and a vertical axis labeled Rent ($) from 0 to 2000 in increments of 400. A series of plotted points are clustered around a line that rises from left to right passing through the points (1200,1400) and (1600,1700). All coordinates are approximate. b. Use the? least-squares method to determine the regression coefficients b 0 and b 1. b 0 equals 25.3 ?(Round to one decimal place as? needed.) b 1 equals 0.8 ?(Round to one decimal place as? needed.) c. Interpret the meaning of b 0 and b 1 in this problem. Choose the correct answer below. A. For each increase of 1 square foot in? space, the monthly rent is expected to increase by b 1 do l l ars. Since X cannot be? zero, b 0 has no practical interpretation. B. For each increase of 1 square foot in? space, the monthly rent is expected to increase by b 0 do l l ars. Since X cannot be? zero, b 1 has no practical interpretation. C. For each increase of 1 square foot in? space, the monthly rent is expected to increase by b 0 do l l ars. Apartments in this neighborhood cost at least b 1 do l l ars. D. For each increase of 1 square foot in? space, the monthly rent is expected to increase by b 1 do l l ars. Apartments in this neighborhood cost at least b 0 do l l ars. d. Predict the mean monthly rent for an apartment that has? 1,000 square feet. The predicted mean monthly rent for such an apartment is ?$ 25 25. ?(Round to the nearest cent as? needed.) e. Why would it not be appropriate to use the model to predict the monthly rent for apartments that have 500 square? feet? A. The model predicts that the monthly rent for an apartment that has 500 square feet would be unrealistically low. B. The size of an apartment has no effect on the monthly? rent, according to this model. There must be another factor that contributes to the rent price. C. The correlation between an? apartment's size and its monthly rent is too weak to use this model for such a prediction. D. An apartment with 500 square feet is outside the relevant range for the independent variable. f. Two people are considering signing a lease for an apartment in this neighborhood. They are trying to decide between two? apartments, one with? 1,000 square feet for a monthly rent of? $1,275 and the other with? 1,200 square feet for a monthly rent of? $1,425. Based on? (a) through? (d), which apartment is a better? deal? Based on? (a) through? (d), the apartment with 1,000 1,200 1,000 square feet is the better deal. Click to select your answer(s).

Sales Order Processing System

The customer sales order is received via phone or through the mail. Gus Grinwich, the sales clerk, receives the sales order and checks the customer’s credit record. Once Grinwich checks the customer’s credit record, he prepares the sales order. From this sales order, Grinwich prepares a customer copy, stock release, shipping notice, two copies of the invoice, ledger copy, packing slip, and the file copy. One of the invoice copies, the ledger copy, and the file copy go to the billing department. The other copy of the invoice and the shipping notice are sent to the shipping department. The stock release and the file copy are sent to the warehouse department.

In the warehouse department, Steve Rossini, the warehouse clerk, receives the stock release and Phil Denuto, the stocker, checks the shelves to pick the gloves for the sales order. Once the goods are taken off the shelf in the warehouse, the stock release is sent to the billing department. Sparky Littleton, the billing clerk, reconciles the invoice, ledger copy, and stock release to make sure that the amount of inventory taken from the shelves is the same as the amount listed in the invoice. Littleton bills the customer for the goods released from the warehouse department. Littleton prepares the sales journal and makes the journal voucher. The journal voucher is sent to the general ledger department. The stock release is sent to the inventory control. The invoice is then filed in the billing department’s file and the ledger copy is sent to the general ledger department.

The shipping department receives the invoice and the shipping notice. They send the goods to the carrier along with the invoice, the packing slip, and the two copies of the bill of lading. The invoice states the amount and quantity of goods that the customer requested in the sales order form. The shipping department files the shipping notice from the customer’s order.

Inventory control receives the stock release form from the billing department. With the stock release form, Bobby Higgins, the inventory clerk, updates the inventory subsidiary ledger relating to the goods that have been released from the warehouse. The ledger copy arrives at the general ledger department from the billing department. Dave Fielder, the general ledger clerk, uses the ledger copy to update the accounts receivable subsidiary ledger. Periodically, Fielder prepares the accounts receivable summary and reconciles it with the journal voucher from the inventory subsidiary ledger and the journal voucher produced by the sales journal in the billing department in order to update the general ledger. These three forms are then filed by Fielder.

The Cash Receipts System

The cash receipts system starts when the wholesalers send back the remittance advice with their payment. This allows Craig Nelson, the mail room clerk, to collect the payment from the customer and process the cash receipt. Nelson then records the cash receipts in the cash receipts journal. Nelson prepares the deposit slips for the funds to be

deposited into the bank along with the checks. The remittance advice is sent to the general ledger department to update the accounts receivable records and is then filed in the billing department. Finally, Nelson prepares the cash receipt journal, out of which comes a journal voucher that is sent to the general ledger department.

Luis Gonzalez, the general ledger clerk, prepares the account summary and journal voucher, which is used to update the general ledger. The account summary and journal voucher is put into the files for record. Gonzalez uses the remittance advice copy sent from the mail room, the deposit slip copy from the bank, and the journal voucher from the account summary to reconcile the deposit slips. He then reconciles the deposit slips from the bank with the totals from the accounts receivable and mail room.

1. Analyze the current system and identify specific internal control problems.

On December 31, 2017, Dow Steel Corporation had 710,000 shares of common stock and 41,000 shares of 7%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common stock dividend on May 15 and paid cash dividends of $510,000 and $80,000 to common and preferred shareholders, respectively, on December 15, 2018. On February 28, 2018, Dow sold 63,000 common shares. In keeping with its long-term share repurchase plan, 4,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2018, was $2,650,000. The income tax rate is 40%. Required: Compute Dow's earnings per share for the year ended December 31, 2018

As part of an incentive compensation plan, Dow granted incentive stock options to division managers at December 31 of the current and each of the previous two years. Each option permits its holder to buy one share of common stock at an exercise price equal to market value at the date of grant and can be exercised one year from that date. Information concerning the number of options granted and common share prices follows:

Date Granted Options granted Share Price

Dec 31, 2016 18,000 $28

Dec 31, 2017. 13,000 $37

Dec 31, 2018 16,500 $36

The market price of the common stock averaged $36 per share during 2018.

Compute Dow's earnings per share for the year ended December 31, 2018.

Numerator / Denominator = EPS

Dow's Basic

Dow's Diluted

Question 1:
Use the following information about the economy of Guyana in 2018 to answer the below question (NOTE - values are in Guyanese dollars):

2018 GDP - $689 billion

2018 Taxes - $117 billion
2018 Investment - $345 billion
2018 Government Spending - $144 billion
2018 Consumption - $454 billion

What was the value of net capital inflow in 2018? (You can assume no transfer payments.)

(Answers should be in the form "Z billion." Just enter "Z.")

Question 2:
In November, 2019, the IMF announced that it believed Guyana could see economic growth of 86% in 2020 (this was before the current crisis), driven by its new discovery of oil and creation of an oil export sector. The Bank of Guyana therefore expected the overall price level to _____.

However, one of the Bank of Guyana's stated policy objectives is stable prices. As a result, it was anticipating conducting _____ monetary policy.
       
a) fall; contractionary
b) fall; expansionary
c) rise; contractionary
d) rise; expansionary
Question 3:
Use the following information about the economy of Guyana in February 2020 to answer the below question (NOTE - values are in Guyanese dollars):

Deposits in checking accounts - $133 billion
Deposits in savings accounts - $210 billion
Deposits in other, illiquid accounts - $112 billion
Small time deposits - $9 billion
Currency - $116 billion
Bank reserves - $92 billion

What is the size of the monetary base in Guyana for February 2020?

(Answers should be in the form "Z billion". Just enter "Z".)