Questions
Please explain in 300 words or more the task below: Your task involves an analysis of...

Please explain in 300 words or more the task below:

Your task involves an analysis of general economic conditions or systematic risk, i.e., the risk that affects all industries and companies, in the U.S. macroeconomy. Your goal is to determine in percentage terms an optimal allocation of $1,000,000 among the following three asset classes: U.S. equities, U.S. Treasury bonds, and cash. Submit your analysis of U.S. Treasury bonds. Keep in mind that the purpose of your analysis is to determine how much money to allocate to each class.

The goal is to maximize your expected return over the next 12 months.

In: Finance

The table below shows the bushels of corn and bottles of wine that China and U.S....

  1. The table below shows the bushels of corn and bottles of wine that China and U.S. can produce from one day of labor under three different hypothetical situations.

Product

Case 1

Case 2

Case 3

China

U.S.

China

U.S.

China

U.S.

Corn(bushels)

4

2

4

1

4

1

Wine(bottles)

2

1

3

2

2

2

  1. Use the table above to show for each case the commodity in which each country has a comparative advantage or disadvantage. Show your work. Answer the question by calculating relative prices.

In: Economics

Martin Inc., a U.S. multinational, began operations in 2016. Martin had pretax U.S. source income and...

Martin Inc., a U.S. multinational, began operations in 2016. Martin had pretax U.S. source income and foreign source income as follows:

Income earned in the US            $900,000

Income earned in Country E 200,000

   Total global income                   $1,100,000

  

Martin paid $135,000 income tax to Country E.

Compute the amount that Martin would owe the U.S. Federal government for 2016 if it takes the foreign tax credit.

Assume that Martin's U.S. tax rate is 37% for 2016.

* make sure you read LO 13-5 before answering this question.

$272,000

$333,000

$407,000

$398,000

In: Finance

Include Graphs The United States' economy is growing at a faster rate than the economy of...

Include Graphs

The United States' economy is growing at a faster rate than the economy of its trading partner, the United Kingdom. As a result, the rate of American inflation is increasing.

  1. Draw correctly labeled graphs to show how the increase in inflation will affect the supply of the U.S. dollar and demand for the British pound in the foreign exchange market.
  2. Based on the scenario, what will happen to the value of the U.S. dollar? Explain. (Make sure you use the costs of foreign and domestic goods in your explanation.)
  3. Based on the changing value of the U.S. dollar in part (B), how will U.S. net exports be affected? Expla

In: Economics

Alibaba Group Initial Public Offering: A Case Study of Financial Reporting Issues Qing L. Burke Tim...

Alibaba Group Initial Public Offering: A Case Study of
Financial Reporting Issues
Qing L. Burke
Tim V. Eaton
Miami University

Q2. Non-U.S. companies, such as Alibaba Group, generally use American depository receipts to establish a trading presence
on U.S. stock exchanges.
a. The terms ‘‘American depository receipt (ADR)’’ and ‘‘American depository share (ADS)’’ are often used
interchangeably. What is an ADR and what is an ADS?
b. Explain why U.S. stock exchanges have attracted non-U.S. companies’ share listings. Provide at least two reasons.

In: Accounting

A free trade equilibrium exists in which the United States exports machinery and imports clothing from...

A free trade equilibrium exists in which the United States exports machinery and imports clothing from the rest of the world. The goods are produced with two factors: capital and labor. An increase now occurs in the U.S. endowment of capital, its abundant factor.

A. What is the effect on the shape and position of the U.S. production possibility curve?

B. What is the effect on the actual production quantities in the United States if the commodity price ratio is unchanged? Explain.

C. What is the effect on the U.S. willingness to trade?

D. Assuming that, the U.S. growth does affect the international equilibrium price ratio, what is the change in this price ratio?

In: Economics

Peripatetic? Enterprises, a U.S.? import-export trading? firm, is considering its international tax situation. Tax law in...

Peripatetic? Enterprises, a U.S.? import-export trading? firm, is considering its international tax situation. Tax law in the United States requires U.S. corporations to pay taxes on their foreign earnings at the same rate as profits earned in the United? States; this rate is currently 47 % ?However, a full tax credit is given for the foreign taxes paid up to the amount of the U.S. tax liability. Peripatetic has major operations in? Poland, where the tax rate is 15%?, and in? Sweden, where the tax rate is 58%. The? profits, which are fully and immediately?repatriated, and foreign taxes paid for the current year are shown? here:

Poland

Sweden

Earnings before interest and taxes

?$81

million

?$97

million

Host country taxes paid

?$12.15

million

?$56.26

million

Earnings before interest and after taxes

?$68.85

million

?$40.74

million

a. What is the U.S. tax liability on the earnings from the Polish subsidiary assuming the Swedish subsidiary did not? exist?

b. What is the U.S. tax liability on the earnings from the Swedish subsidiary assuming the Polish subsidiary did not? exist?

c. Under U.S. tax? law, Peripatetic is able to pool the earnings from its operations in Poland and Sweden when computing its U.S. tax liability on foreign earnings. Total EBIT is thus ?$178 million and the total host country taxes paid are ?$68.41 million. What is the total U.S. tax liability on foreign? earnings? Show how this relates to the answers in parts ?(a?) and (b?).

In: Finance

2. According to a 2018 survey conducted by the National Center for Health Statistics, 11.2 percent...

2. According to a 2018 survey conducted by the National Center for Health Statistics, 11.2 percent of the U.S. residents (ages 12 and older) have used illicit drugs in 2017. Half of the U.S. residents (ages 12 or older) in 2017 were women and 8.8 percent of women used illicit drugs in 2017. About 61 percent of the U.S. residents (ages 12 or older) in 2017 were non-Hispanic whites and 11.6 percent of the non-Hispanic whites have used illicit drugs in 2017. Please answer the following questions based on the information given in this problem.

  1. If a random (12 year or older) U.S. resident happens to be non-user of illicit drugs, what is the probability that he is a man? Please show the necessary steps.   [3 points]        
  2. What is the probability that a random (12 year or older) U.S resident will be a man or illicit drug user? Please show the necessary work.          [2 points]
  3. What is the probability that a random U.S resident (12 year or older) will be neither a woman and nor illicit drug user? Show the necessary work.                                [2 points]
  4. Are being a man and using illicit drugs independent events for a (12 year or older) U.S resident? Please show how you arrived at your answer.                                [2 points]
  5. What is the probability that a random (12 year or older) U.S resident will be both non-white and illicit drug user? Assume that all the other races except the non-Hispanic whites are counted as non-white. Please show the necessary steps. [3 points]

In: Statistics and Probability

Earlier this year, U.S. president Donald Trump expressed his interest in buying Greenland, a selfgoverned island...

Earlier this year, U.S. president Donald Trump expressed his interest in buying Greenland, a selfgoverned island which belongs to Denmark, and incorporate it into U.S. territory. Imagine that Donald Trump is granted his wish and Greenland joins the U.S. You are interested in the short-run eect in the U.S. of this acquisition of land. (Note: The total population of Greenland is less than 60,000 people, so in your analysis, you can assume that the size of the U.S. labour force remains constant, and only the amount of land in the U.S. increases.)
For the sake of this exercise, you can model the U.S. as consisting of two sectors, a manufacturing sector and an oil-producing sector. Manufacturing uses labour and capital, whereas oil uses labour and land.

(a) What is the short-run impact of the increase of land on the wage of U.S. workers?
Illustrate using a suitable graph.


(b) Write a short verbal description of your result in (a) and explain what has happened to the real wage.


(c) What is the short-run impact of the increase of land on production in the manufacturing and oil sectors? Illustrate using a suitable graph. Do not forget to label all elements shown in your graph!


(d) What is the short-run impact of the increase of land on the rental rate of landowners?
Explain. Hint: In your explanation, you can refer to your graph from part (a).

Please help me answer these four questions. I don’t know how to solve this questions . thank you

In: Economics

Sarasota Limited has two classes of shares outstanding: preferred ($5 dividend) and common. At December 31,...

Sarasota Limited has two classes of shares outstanding: preferred ($5 dividend) and common. At December 31, 2019, the following accounts and balances were included in shareholders’ equity:

Preferred shares, 270,000 shares issued (authorized, 1,000,000 shares) $  2,900,000
Common shares, 900,000 shares (authorized, unlimited) 24,500,000
Contributed surplus—preferred 150,000
Contributed surplus—common 1,500,000
Retained earnings 5,000,000
Accumulated other comprehensive income 200,000


The contributed surplus accounts arose from net excess of proceeds over cost on previous cancellations of shares of each respective class. The following transactions affected shareholders’ equity during 2020:

Jan. 1 Issued 24,000 preferred shares at $24 per share.
Feb. 1 Issued 48,000 common shares at $19 per share.
June 1 Declared a 2-for-1 stock split (common shares).
July 1 Purchased and retired 27,000 common shares at $14 per share.
Dec. 31 Net income is $2,050,000; comprehensive income is $2,000,000.
Dec. 31 The preferred dividend is declared, and a common dividend of $0.45 per share is declared.


Assume that Sarasota follows IFRS.

1. Prepare the statement of changes in shareholders’ equity for the company at December 31, 2020. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round intermediate calculations to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.)

SARASOTA LIMITED
Statement of Changes in Shareholders' Equity

                                                                      For the Year Ended December 31, 2020December 31, 2020For the Month Ended December 31, 2020
Preferred Shares Common Shares Contrib.
Surplus – Preferred
Contrib.
Surplus – Common

Retained
Earnings
Acc. Other
Comprehensive
Income

Total
Number of
Shares
Share Capital Number of
Shares
Share Capital
Balance January 1, 2020 $ $ $ $ $ $ $
Issued preferred shares
Issued common shares
2-for-1 stock split   
Reacquired common shares   
Declared dividends – preferred
Declared dividends – common
Net income
Other comprehensive income
Balance December 31, 2020 $ $ $ $ $ $ $

2. Prepare the shareholders’ equity section of the SFP for the company at December 31, 2020.

3.Prepare the journal entry for the repurchase of 27,000 common shares on July 1, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round intermediate calculations to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.)

4. Prepare the journal entry for the repurchase of 27,000 common shares assuming instead that the repurchase took place on May 31 at the same repurchase price of $14. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round intermediate calculations to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.)

In: Accounting