The dollar can't seem to catch a break. The U.S. currency posted its fifth straight quarterly loss in the first three months of the year, puzzling investors who bet it would benefit from corporations repatriating cash in the wake of tax cuts signed into law late last year.

Many investors now believe uncertainty over U.S. policy, the risks of a global trade war and an acceleration in growth abroad mean more declines are in store for the dollar. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, was down 2.6% in the first quarter, extending a 12-month loss which now stands at 7.3%. The euro, yen and some emerging-market currencies, meanwhile, are up in 2018.

A drop in the dollar's value over the past year has had broad implications, which would likely intensify if the U.S. currency's decline continues. A weaker dollar helps make U.S. goods more competitive abroad, boosting profits for multinational companies and potentially buoying their stock prices. It also lifts prices for commodities such as oil, copper and gold, which are denominated in the U.S. currency and become more affordable to foreign investors when the dollar falls.

If the dollar falls too rapidly, however, that could shake faith in the U.S. economy and complicate the Federal Reserve's plans to tighten monetary policy. An extended fall also could juice inflation and spark concerns that consumer prices will rise too quickly.

Most recently, investors have been spooked by a trade spat with China, after President Donald Trump threatened to levy tariffs on as much as $60 billion of imports from China, while Beijing announced retaliatory measures. The dollar edged lower on that news, although its losses were counterbalanced by steeper drops in other currencies.

The threat of a trade war "has certainly not had a constructive impact on the dollar," said Christian Lawrence, a senior market strategist at Rabobank. "The market interprets trade wars as potentially bad for the U.S."

Based on the article, please answer following questions:

2pt. What happened to the value of dollar in the past 12 month?

2pt. How does a weaker dollar affect US current account and US MNCs earnings?

2pt. How does a weaker dollar affect major commodities’ price level around the world?

2pt. How do a trade war and weaker dollar affect global investors’ confidence on the US economy, e.g. US inflation, competitiveness and other fundamentals?

Farmer Inc. began business on January 1, 2019. Its pretax financial income for the first 2 years was as follows:

                              2019                                  $340,000

                              2020                                    760,000

The following items caused the only differences between pretax financial income and taxable income.

1.    In 2019, the company collected $420,000 of rent; of this amount, $140,000 was earned in 2019; the other $280,000 will be earned equally over the 2020–2021 periods. The full $420,000 was included in taxable income in 2019.

2.    The company pays $20,000 a year for life insurance on officers.

3.    In 2020, the company terminated a top executive and agreed to $90,000 of severance pay. The amount will be paid $30,000 per year for 2020–2022. The 2020 payment was made. The $90,000 was expensed in 2020 for financial reporting purposes. For tax purposes, the severance pay is deductible as it is paid.

4. The company purchased a large asset in 2019 for $60,000. The depreciation will be computed using a five-year life. For tax purposes, the company will be able to deduct half of the cost in 2019 and in 2020.

The enacted tax rates existing on December 31, 2019, are:

               2019                     30%                                      2021                     40%

               2020                     35%                                      2022                     40%

Instructions:

(a)      Determine taxable income for 2019 and 2020.

(b)      Determine the deferred income taxes at the end of 2019, and prepare the journal entry to record income taxes for 2019.

(c)      Prepare a schedule of future taxable and (deductible) amounts at the end of 2020.

(d)      Prepare a schedule of the deferred tax (asset) and liability at the end of 2020.

(e) Compute the net deferred tax expense (benefit) for 2020.

(f)       Prepare the journal entry to record income taxes for 2020.

Which of the following is an externality aspect of education?

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Assume you have just been hired as business manager of PizzaPalace, a pizza restaurant located adjacent to campus. The company's EBIT was $500,000 last year, and since the university's enrollment is capped, EBIT is expected to remain constant over time. Since no expansion capital will be required, PizzaPalace plans to pay out all earnings as dividends. The management group owns about 50% of the stock, and the stock is traded in the OTC market. The firm is currently financed with all equity; it has 100,000 shares outstanding; and P0 = $25 per share. When you took your MBA Financial Analysis course, your instructor stated that most firms' owners would be financially better off if the firms used some debt. When you suggested this to your new boss, he encouraged you to pursue the idea. As a first step, assume that you obtained from the firm's investment banker the following estimated costs of debt for the firm at different capital structures: % Debt Ratio rd 0% --- 20 8.0% 30 8.5 40 9.0 50 9.5 If the company were to recapitalize, debt would be issued, and the funds received would be used to repurchase stock. PizzaPalace is in the 40% state-plus-federal corporate tax bracket, its beta is 1.0 when debt ratio is 0%, the risk-free rate is 6%, and the market risk premium is 6%.

a. For each capital structure under consideration, calculate the WACC.

b. Now calculate the corporate value, the value of the debt that will be issued, and the resulting market value of equity.

1. You’ve inherited $10,000. You’d like to have $20,000 in 5 years. What rate of return do you need to make on your investment to reach your savings goal?

2. You’re interested in buying a house and need a $5,000 down payment. How much do you need to set aside today if you can make 5% on your money to make sure you have $5,000 in three years.

3. You’ve decided you want to get your MBA, which will cost you $15,000. If you have $10,000 now and can make 7.5% on your money, how soon can you attend classes?

4. You’ve just been hired on your first job! Congratulations. The company has a 401(k) plan and you’ve decided to put 10% of your $45,000 salary away each year. If you can earn 8% annually on your money, how much will you have 35 years from now when you’re ready to retire?

5. You’re aunt Edna just retired at the age of 65 years old. She has an annuity with $750,000 and wants to begin taking payments until she’s 90 years old. If the annuity can earn 4.5% annually, how much can she take each year before the account gets to $0?

6. You have to choose between investing your $1000 in a band CD that pays 2.5% annually, or into a 20 year treasury bond that pays 2.2% semi-annually. Which investment pays a better rate of return?

Discuss in detail HIV harm reduction in university students.

Write an essay about the online exams at your university ?

Write an essay about the online education at your university ?

Write a report for a university tutor describing the production process.