In 1977, Honda, a Japanese company, announced plans to build a motorcycle manufacturing plant in the United States near Marysville, Ohio, and in 1980 announced plans to build an automobile manufacturing facility in the same area. Ever since the company made these announcements, Honda’s history has been nothing but impressive.To empha- size this success, the Marysville Auto Plant now produces the Accord Coupe for export to Japan. Honda of America has become a leading auto exporter in the United States, and the motorcycle plant has produced its one-millionth unit of the Gold Wing motorcycle. Many maintain that the following belief statement, which appears prominently on the Honda of America website, is a primary reason for the company’s success: “Why do people want to work for Honda? How does Honda achieve industry-leading quality year after year, mak- ing extremely complex products such as cars, trucks, motor- cycles, and engines? The answer is in Honda’s foundation

principle—the tenant upon which all the other Honda phi- losophies are based. It’s called Respect for the Individual.”

Founders Soichiro Honda andTakeo Fujisawa believed in creating a workforce in which each member’s ideas received the full consideration and respect of the group. People are diverse and that’s a good thing, Mr. Honda believed, because diversity of thought, skills, background, and experiences can enrich the workplace and the product, if the differences are allowed to generate ideas.

In order for the associates’ best ideas to come forward, they must feel valued and comfortable speaking up and in- teracting with their work groups.That’s where respect comes in. Only in an atmosphere of maximized respect and inclu- sion can a workforce reach its highest levels of achievement.

Activities

You have just been contacted to interview for the top management position at Honda of America. You would be responsible for both automobile and motorcycle manufac- turing. Before you visit the Marysville facility for a series of face-to-face interviews, however, you have been asked to answer the following questions related to your own beliefs about how managers should handle people. Answer the fol- lowing questions in preparation for your trip to Marysville.

15. What is your personal philosophy about using “job design” as a tool for motivating Honda of America employees?

Homer’s Donuts is a small-business startup looking to open its first franchise location in Smallville. Your ownership team completed its business and marketing SWOT (“strengths – weaknesses – opportunities – threats”) analyses and believes there’s a real chance for Homer’s Donuts to be a successful business!

The SWOT marketing analysis included a survey of potential customers in and around the Smallville metropolitan area. The survey asked people what pastries they would most likely buy when they stop for coffee on the way to wherever they were going. 2500 people responded to the survey, and the results are as follows:

1765 respondents said they would buy glazed donuts

1738 respondents said they would buy creme-filled frosted donuts

347 respondents said they would buy neither glazed nor creme-filled frosted donuts

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Task 1: Interpreting the Marketing Survey: Counting

For the survey results above:

Create either a Venn diagram or a contingency table depicting the results of the survey.

Determine how many of the survey respondents would buy either a glazed donut or a creme-filled frosted donut?

Determine how many of the survey respondents would buy a glazed donut and a creme-filled frosted donut?

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From your SWOT analyses, your team decides the best way to go is to offer assorted donuts, sold individually or by the dozen. Now your team has to come up with a daily operation cost/revenue analysis to see if it’s actually worth going into business. Here’s what the team knows so far:

Before making any donuts, there is a $784 fixed cost each day (which covers the building and its equipment, as well as labor costs for 2 shifts of 4 employees each). That means the cost to produce 0 dozen assorted donuts per day is $784. The cost to produce 50 dozen assorted donuts per day is $809; the cost to produce 90 dozen assorted donuts per day is $829; and the cost to produce 120 dozen assorted donuts per day is $844. The relationship between dozens of donuts produced per day and cost per day is linear.

To undercut the competition, your team recommends setting the price per dozen assorted donuts so that Homer’s gets $255 total (gross) income for 30 dozen assorted donuts sold per day, and $935 total (gross) income for 110 dozen assorted donuts sold per day. The relationship between dozen donuts sold per day and total (gross) income per day is linear.

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A photo-sharing startup offers the following service. A client may upload any number N of photos and the server will compare each of the N 2 pairs of photos with their proprietary image matching algorithms to see if there is any person that is in both pictures. Testing shows that the matching algorithm is the slowest part of the service, taking about 100 milliseconds of CPU time per photo pair. Hence, estimating the number of photos uploaded by each client is a key part of sizing their data center. The people in charge say that their gut feeling is that N = 10. You (the chief technical officer) say, “but N is a random variable”. What will the average CPU demand per client (as a function of N, p or λ) if N follows

• the “distribution” where N is the same fixed number with probability 1?

• the Poisson distribution with parameter λ?

• the geometric distribution with parameter p?

• N = 80X + 5, where X is a Bernoulli random variable with parameter p?

In each case, include as part of your answer the expected value of N and the variance of N.

Your startup company’s app-enabled ketchup and mustard dispenser uses a special plastic gear. The strength of the plastic in the gears (measured in foot-pounds) is important if the dispenser is to last through an entire basketball season. Random samples from two different suppliers are gathered and the following descriptive statistics are measured:

i. Sample 1:

1. n=10

2. ???=??????

3. ????=????

ii. Sample 2:

1. n=16

2. ???=??????

3. ????=????

You believe that the strength of both manufacturer’s products is normally distributed, but you have no reason to believe they exhibit the same variance.

a. The supplier from Sample 2 claims that their gears have a higher mean strength than any other manufacturer in the market. Do the data support this claim at ??=??.?????

b. Find a 95% two-sided confidence interval on the difference in mean strength.

New Startup Restaurant

Could you please prepare:

-Pro forma balance sheet at the end of first year

-Pro forma Income statement for first year

-pro forma statement of cash flow for first year

with the informaton below

The capital needs of my start-up business for the first year:

Facility (building & land): $500,000

Appliances (freezers, stoves, etc.): $150,000

Furnishings (chairs, tables, décor, etc.): $75,000

Plates, silverware, and glasses: $20,000

Subtotal: $745,000

Working capital finances for first year

Salaries: $400,000

Utilities: $25,000

Groceries/Supplies: $50,000

Advertising: $15,000

Subtotal: $490,000

Adding up both subtotals, my restaurant will need a grand total of $1,235,000 to cover the first year’s business.

Please Describe how the figures in the pro forma financial statements were derived and why you think that they are accurate.

Please wrap up by preparing an explanation discussing how you arrived at the various figures.  

Thank you, I appreciate

You own a small networking startup. You have just received an offer to buy your firm from a​ large, publicly traded​ firm, JCH Systems. Under the terms of the​ offer, you will receive 1 million shares of JCH. JCH stock currently trades for $24.63 per share. You can sell the shares of JCH that you will receive in the market at any time. But as part of the​ offer, JCH also agrees that at the end of one​ year, it will buy the shares back from you for $24.63 per share if you desire. Suppose the current​ one-year risk-free rate is 5.73%​, the volatility of JCH stock is 30.5%​, and JCH does not pay dividends.​ Round all intermediate values to five decimal places as needed.

a. Is this offer worth more than $24.63 ​million? Explain.

b. What is the value of the​ offer?

You own a small networking startup. You have just received an offer to buy your firm from a​ large, publicly traded​ firm, JCH Systems. Under the terms of the​ offer, you will receive 1 million shares of JCH. JCH stock currently trades for $25.63 per share. You can sell the shares of JCH that you will receive in the market at any time. But as part of the​ offer, JCH also agrees that at the end of one​ year, it will buy the shares back from you for $25.63 per share if you desire. Suppose the current​ one-year risk-free rate is 5.95%​, the volatility of JCH stock is 29.4%​, and JCH does not pay dividends.​ Round all intermediate values to five decimal places as needed.

a. Is this offer worth more than $25.63 million? Explain.

b. What is the value of the​ offer?

1. Antigen presentation is an important link between innate and acquired (adaptive) immunity. Explain in detail how the process occurs. Please include: what cells might be involved, the differences between MHC 1 and MHC 2 and how antigen presentation leads to differential activation of acquired immunity.

  Antigen presentation is an important link between innate and acquired (adaptive) immunity. Explain in detail how the process occurs. Please include: what cells might be involved, the differences between MHC 1 and MHC 2 and how antigen presentation leads to differential activation of acquired immunity.

First Cup Ltd., a Canadian coffee retailer and roaster which operates more than 1,000 cafes in Canada, reported the following balances as at December 31, 2020:

7% Par $100 convertible bonds, issued at par $250,000

      3,000 call options, each entitled to purchase 1 common shar

Cumulative Preferred shares, 36,000 convertible shares outstanding    $960,000

Common shares, 112,500 shares issued and outstanding $2,880,000

Contributed surplus on repurchase of common shares $31,200

Retained earnings $1,032,000

First Cup Ltd. applies IFRS. The company also informed you details related to the following transactions during 2020:

a]   On February 1, the company declared and distributed a 20% stock dividend for its common shareholders. The shares were being traded in the market at $30.

b]   On March 1, it acquired 18,000 of its own common shares in the market at $30.00 per share and retired them on the same day.

c]   On April 1, the company issued 17,500 common shares in exchange for plant and equipment assessed at $336,000.

d]   On May 1, 40% of the call option holders exercised their options when the market price of the common share was $31. As these options were issued before stock dividends, options holders receive an increased number of shares considering a 20% stock dividends (i.e. adjust for stock dividend).

e]   On May 15, the company declared a 3:1 stock split on common shares. The common shares were being traded at the adjusted market price of $32.00 per share

f]   On August 1, the company issued share certificates for 3,708 common shares to subscribers who had applied to an earlier share subscription issue. These subscribers had paid for the shares they had subscribed at $34 per share.

g]   On October 1, 20% of the bond holders submitted their bonds to the company for conversion into common shares. As the bonds were issued before stock dividends and stock split, the number of shares given to reward conversion need to be adjusted consequently.

h]   No Dividends have been declared in the previous two years. Dividends for the current year were also not declared.

Additional Information

i]    The cumulative preferred shares had been issued several years ago when the company was incorporated. Cumulative preferred shares carried a dividend rate of $2.10 per share and as at January 1, 2020, one preferred share could be converted into two common shares.

ii] The company reported earnings from operations of $1,847,790 for 2020. There were no discontinued items to report in 2020.

iii] The bonds had been issued at par in 2017. Assume No premium was charged for the conversion rights and debt was credited for the full amount received. Each $100 bond was convertible into 8 common shares.

Required:

Determine the weighted average number of shares for determining the basic earnings per share for 2020 using this template