The operating cycle for:
Amazon = 85 days
Walmart = 60 days
The cash cycle for:
Amazon =95 days
Walmart =15 days
Q1/ What does the operating and cash cycle tell us about each company? Which company is doing better with their working capital management?
Q2/ What recommendations would you make to the other company(s) to improve its working capital management?
In: Finance
Researchers are comparing the proportion of University Park students who are Pennsylvania residents to the proportion of World Campus students who are Pennsylvania residents. Data from a sample are presented in the contingency table below.
|
Primary Campus |
Total |
|||
|
University Park |
World Campus |
|||
|
Pennsylvania Resident |
Yes |
115 |
70 |
185 |
|
No |
86 |
104 |
190 |
|
|
Total |
201 |
174 |
375 |
|
In: Statistics and Probability
Code needed in Java
The purpose of the application is to generate some reports about
the people of the university. So a user of the application should
be able to view information about the people in the university and
generate summaries. As in implementation these are separated into
two major categories, employee and students, we will be
implementing these classes.
The system should have three classes: Person,
Employee and Student.Employees
and students are subclasses of persons and therefore, they inherit
some fields and methods from the superclass Person. What Employee
class has as an extra is a field called job which is a
String value that indicates the position of the employee at the
university. The possible values are ‘Faculty’ and ‘Staff’ and the
rest of the input should be rejected. Another significant field is
UIN (you may assume it to be an integer).Students also
have a similar structure. A field called level, gives
information regarding the student. Possible values are
‘Undergraduate’ and ‘Graduate’ and the rest of the input should be
rejected. Also A number should be implemented (you may
assume A number to be a string).
Once you create these classes write your test class with main
method.
The output of such an application would look like:
Person’s first name is Triss, last name is Merigold. She
is 25 years old.
Person’s first name is Sigismund, last name is Dijkstra. He
is 37 years old. His UIN is 793942 and serves the university as a
staff.
Person’s first name is Keira, last name is Metz. She is 19
years old. Her A-number is A021318 and she is an undergraduate
student
In: Computer Science
Question 1 Tap Sdn Bhd bought an asset on 5 April 2017 at a cost of RM180,000. The asset had an expected useful life of 10 years and an expected residual value of RM20,000. The company applies straight-line depreciation to this category of non-current assets. It also charges a full year depreciation in the year of acquisition and no depreciation in the year of disposal. Its financial year ends on 31 December.
At 31 December 2018, the company revalued the asset to RM240,000. Its expected remaining useful life is now 8 years, but its expected residual value is zero.
Required:
(a) Show in T account the accounting entries required to record the revaluation of the asset on 31 December 2018. [4 marks]
(b) The asset was sold on 12 February 2020 for RM235,000. Calculate the gain or loss on disposal reported in the income statement for Year 2020, and show the total effect on the disposal on the retained earnings of the company. Ignore taxation. [4 marks]
In: Accounting
)(a)Suppose the MIDLAND bank expects the New Zealand dollar (NZ$) will depreciate against the US$ from its spot rate of $0.43 to $0.42 in 60 days. The following interbank lending and borrowing rates exist: Currency Lending Rate Borrowing Rate US$ 7% 7.2% NZ$ 22.0% 24% Midland Bank has access to NZ$ 10million or US$ 4.3million.How can the bank attempt to make a speculative profit based on expected exchange rate movement without risking depositors money? Estimate the profit (or losses) that could be earned from this strategy. (b)Identify the factors which determine changes in equilibrium exchange rate. Discuss how any two of these factors affect equilibrium exchange rate.
In: Finance
17. Height of Men and Women in the U.S. Women: μ= 64 inches , σ = 3.5 Men: μ= 70 inches , σ = 4
a. calculate the z score that corresponds to a women height of 68 inches.
b. state the percentile ranking for that score.
c. for both women and men in the US, calculate the z score and raw score (in inches) that separates the tallest 2.5% from the 97.5% of scores below.
d. for both women and men in the US, calculate the z score and raw score in inches, that separates the shortest 2.5% of the population from the other 97.5%
f. What percent of women and men in the US have heights between the two z scores you calculated to answer questions c and d ?
In: Statistics and Probability
There is much concern raised today regarding the level of national debt in the US. Considering this, and the continuing use of fiscal policy, is the US at risk for hyperinflation? What are the implications for the macro-economy? For industry? How might globalization and global conflict contribute or ease the potential impacts?
please refer from the textbook MACROECONOMICS by N Gregory Mankiw
In: Economics
Problem 2: Jonah and the Whale
Jonah, Inc. has two operating divisions in a decentralized structure. Division X is located in the US and produces the Xwater, which is an input to Division Y’s WhaleY. Division Y is located in the South of France. Division X uses idle capacity to produce Xwater. Xwater has a US domestic market price of $60. Its variable costs are $25 per unit. Jonah’s US tax rate is 40% of income. In addition to the transfer price for each Xwater received from Division X, Division Y also pays a shipping fee of $15 per unit ofXwater to get the Xwater from the US to France. The WhaleY costs an additional $10 to produce and sells for an equivalent of $115. Division Y could purchase Xwater from a Paris supplier for $50 per unit with no shipping cost. The company’s French tax rate is 70% of income. Assume French tax laws permit transferring at either variable cost or market price.
Assuming you have two choices – Variable and Market Price – what transfer price is economically optimal for Jonah, Inc.?
In: Accounting
Coronado Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company’s bikes. After a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing $3,492,700 of 10% term corporate bonds on March 1, 2020, due on March 1, 2035, with interest payable each March 1 and September 1, with the first interest payment on September 1st, 2020. At the time of issuance, the market interest rate for similar financial instruments is 8%.
As the controller of the company, determine the selling price of
the bonds. (Round factor values to 5 decimal places,
e.g. 1.25124 and final answer to 0 decimal places, e.g.
458,581.)
| Selling price of the bonds |
$ |
In: Accounting
Question 4 [27]
The following bank reconciliation statement was prepared by the bookkeeper of Veggie Stores for January 2020. The financial year of the business ends in January each year.
|
Bank overdraft as per bank statement |
R35 000 |
|
Outstanding deposit on 10 January 2020 |
R12 900 |
|
28 January 2020 |
R10 000 |
|
Outstanding deposit: Cheque received from B Brother dated 24 February 2020 |
R1 800 |
|
Outstanding cheques: |
|
|
R7 000 |
|
R9 800 |
|
R4 800 |
|
Bank charges |
R570 |
|
Balance as per bank account in the General Ledger |
? |
Required:
Complete question 4.3 and 4.4 specifically in format below
4.3
|
Amount |
Error |
Corrective action |
(9)
4.4
|
Debit |
Credit |
|
(7)
In: Accounting