enterprenuership in actions...tell us about us.

رThe treasurer of Miller Co. has readnon the Internet that the stock price of
Wade Inc. is about to take off . In order to profit from this potential
development, Miller Co. purchased a call option on Wade common shares
on July 7, 2020, for $400. The call option is for 250shares (notional value),
and the strike price is $50. (The market price of a share of Wade stock on
that date is $50.) The option expires on January 31, 2021. The following
data are available with respect to the call option.
Date Market Price of Wade Shares Time Value of
Call
September 30, 2020 $55 per share
$100
December 31, 2020 45 per share
40
January 4, 2021 47 per share
33
Instructions
Prepare the journal entries for Miller Co. for the following dates.
a. July 7, 2020—Investment in call option on Wade shares.
b. September 30, 2020—Miller prepares financial statements.
c. December 31, 2020—Miller prepares financial statements.
d. January 4, 2021—Miller settles the call option on the Wade shares.

Jackson Auto Parts Manufacturer, a U.S. based manufacturer of piston rings and other auto parts sold parts to a South Korean Auto Manufacturer on December 1, 2020 with payment in 10 million South Korean Won to be received on March 31, 2021. The following exchange rates are relevant:

Date:    Spot Rate                Forward Rate

Dec 1, 2020 $0.0035 $0.0034

Dec 31, 2020 $0.0033 $0.0032

March 31 2021 $0.0038 $0.0032

Assuming Jackson did not hedge its foreign exchange risk, how much foreign exchange gain or loss should it report on its fiscal year end December 31, 2020 financial statements/

Assuming that Jackson did in fact decide to hedge its foreign exchange risk and entered into a forward exchange contract to sell 10 million South Korean Won on December 1, 2020 as a fair value hedge of a foreign currency receivable, what is the net impact on Jackson’s 2020 net income resulting from a fluctuation in the value of the Won? Ignore time value of money.

Defend your answer.

Adcock Corp. had $500,000 net income in 2020. For all of 2020, there were 200,000 shares of Adcock’s common stock outstanding. There were also 30,000 options outstanding all year. Each option allowed the holder to buy one share of common stock at $40 a share. The market price of the common stock averaged $50 during 2020. The tax rate is 30%.

During all of 2020, there were 40,000 shares of convertible preferred stock outstanding. The preferred is $100 par, pays $3.50 a year dividend, and is convertible into 3 shares of common stock. Finally, Adcock had $2,000,000 of 7% convertible bonds (issued at face value) outstanding for all of 2020. Each $1,000 bond is convertible into 30 shares of common stock.

Required:      

(1)        Calculate Adcock’s basic earnings per share for 2020.

(2)        Calculate the incremental per share effect of each potentially dilutive security. Note that you are not to rank the results from smallest to largest earnings effect per share nor are you to recompute earnings per share for each of these potentially dilutive securities to determine if they are dilutive or anti-dilutive.

putting two arguments into standard form, one for a 'yes' answer to your topic question and one for a 'no' argument to your topic question.

are going to do the Covid Confidentiality question, then you need two arguments with the following conclusions:

'Yes' Argument

one

two

So, it's morally permissible for the university to reveal the identity of the Covid-positive employee

'No' Argument

one

two

So, it's morally wrong for the university to reveal the identity of the Covid-positive employee

As the instructions say, you're not writing the paper yet, and you don't need to explain the arguments in detail. Just identify two arguments for those opposing positions and put them into standard form clearly and precisely. Each argument should be plausible enough to be worth thinking about and should be either an Argument from Principle or an Argument from Analogy. The goal in this episode is not to write the paper; instead, you're doing a smaller assignment to help you develop ideas that you can later use in your paper.

Disclosing Names of COVID-19 Patients

A member of the institution gets ill after contracting COVID-19, and the president of the institution informs the staff and students about the case. Contact tracing begins to identify the persons who came into contact with the sick institution member. One of the institution members requests that they need to identify the sick patient's identity to protect themselves better. Revealing the institution member's name would break the confidentiality with the person and open him or her up to face discrimination as a COVID-19 patient and victim. I argue that the institution member's name should not be revealed for it will be a breach of confidentiality, and the control of the virus is better achieved while maintaining the confidentiality of patients who have tested positive.

A Prestigious University has undergraduate and graduate colleges, a law school, a university hospital, and a medical school, all in one single campus (Sulmasy & Veatch). The vast private institution called back students to take their belongings during spring break and initiate their classes online. After a week, the institution's president sent an email to the staff, students, and faculty informing them of a member of the University Staff who had contracted COVID-19 during the transition week (Sulmasy & Veatch). The University staff member was on campus during that week, and contact tracing protocol had begun to identify the individuals that had come to close contact with the patient. Those identified in the close contact list would self-quarantine for fourteen days to observe any COVID-19 symptoms (Sulmasy & Veatch). A Philosophy Department's professor posed the question of whether the staff member's name should be revealed to the community to help control the virus's spread (Sulmasy & Veatch).

The professor's proposition to reveal the University staff member's identity would amount to a confidentiality breach. Revealing of names of individuals who have tested positive for COVID-19 does little to curb the virus's spread. In any case, it would make the control measures for the virus even difficult to achieve. Fewer people would report their positive cases if it meant that their names would be made public. Besides, the virus not only spreads by person-to-person contact but also contact with contaminated surfaces. Based on these reasons, the professor is not justified in revealing the names of patients who have tested positive for the disease unless a substantive case supporting the proposed strategy is presented.

Medical practitioners are governed by ethics and bioethics, compelling them not to reveal the medical information or history to the public. Even when asked by the patients themselves, which are very rare, healthcare providers would less likely breach patient confidentiality ethics. Suggesting that those who test positive for COVID-19 should reveal themselves to the public would mean that healthcare practitioners should act against their set bioethics, which would be very unprofessional. Even though the virus is deadly, it has resulted in a pandemic experience in the past with other diseases but at a lower scale, like the Influenza pandemic. During that pandemic, the control measures did not involve revealing the patient's names, yet the disease was reduced to controllable levels. There are better means to control the spread of the virus, and they would not require the breach of confidentiality by revealing patients' names in public.

A large educational institution like the one described above would have quite many people interacting in one day. It would be difficult for an individual to recall all the persons they interacted with together with their names. People are often forgetful of other's names, especially if they are meeting for the first time. Even though the public is provided with the name of the University staff member, they have forgotten whether they came into contact with the infected person. Also, they might not be sure whether they had close contact with the named person. Such forgetfulness would not benefit the efforts of contact tracing even after breaching the confidentiality of the patients.  

Public naming of individuals testing positive for COVID-19 would deter most people from coming forward for testing or reporting to the institution's management for contact tracing to follow suit. If more people abscond from testing, and revealing their health status for fear of breach of privacy and confidentiality, then the contact tracing and virus control measures are thwarted. Such a case would also increase the virus's spread since there will be more close contact without caution bearing in mind that some individuals may present as asymptomatic. The public naming that would have been instigated to promote safety and protection would eventually lead to more positive cases and contribute less to the goal of suppressing the virus spread.

Apart from close contact, individuals can also contract the virus by touching contaminated surfaces. Such cases of virus spread are difficult to identify with contact tracing. Also, in such a case, public naming would benefit little to curb the disease spread. Firstly, people may not remember if they saw such a person within their vicinity, bearing in mind the large number of people that could be present in a large Prestigious University. Secondly, it is not easy to identify a contaminated surface or the person in contact with such a surface at any given time. Even if the names are made known to the public, the virus spread from contaminated surfaces may not be addressed.

Despite the argument presented above, there are supporting points for the public naming of COVID-19 patients according to the professor's proposition. Certain circumstances would call for patient's disclosure of their illness to the public if the other individuals stand a chance of contracting the illness. Such a case is presented by the current pandemic, which poses death risks when contracting the virus. However, public naming would require the consent of the patient to disclose personal information to the public. Besides, the action would save the lives of others to exercise caution in the community.

The decision to breach confidentiality in public naming to protect the society members would be controversial but beneficial. Take a case where a HIV patient is disgusted by their diagnosis and seek to avenge by spreading the virus to other people. The HIV patient takes counseling sessions and confides their motives to the psychologist. In an act to honor ethics, the psychologist fails to inform the public to warn them of the impending danger if they get into contact with the vengeful patient. Later on, cases of HIV and HIV-related mortality rates spike in the community to which the vengeful patient is part. The psychologist would be liable for the lives lost, and patients added to the list of HIV positive cases due to failure to warn the community members.

The situation is similar to the analogy or case at hand. The rest of the University staff members and individuals in the community are at risk of contracting the virus from the sick staff member. A lack of information about an immediate threat to their lives would be their greatest undoing. Few people would be identified through contact tracing as the individual may not recall or know all the persons they came in contact with in the past week. Thus, the staff member should consent to make their identification public to trace more people and protect the rest of the faculty, staff, and community members. A tough decision would have to be made if consent is not provided. The decision would depend on the exposure risk involved for individuals to exercise more caution and the estimated number of persons that could have been affected. Such a decision would best be arrived at with the advice and presence of a physician. The duty to protect the public could balance off with confidentiality ethics.

The decision of public naming boils down to a debate on protecting the confidentiality and the public's safety from the virus. It is argued that public naming is unnecessary as it breaches confidentiality, deters others from reporting their positive status, may not improve contact tracing, and may not address virus spread from contaminated surfaces. A counterargument presents that public naming is beneficial for the community's protection and safety from contracting the deadly virus from the patient. Any decision chosen amongst the two would require compromises that are either accepted or unwelcomed by different factions. The burden of making such a decision lies with the physician and the infected University staff member.

Work Cited

Sulmasy, Daniel P., and Robert M. Veatch. "Should Institutions Disclose the Names of Employees with Covid‐19?." Hastings Center Report (2020).

I hope that helps. I look forward to seeing what you come up with

You are to analyze the Economic aspects of each of the following three countries ( Russia, China, Germany). The bullet points are what you are to analyze. Use only 2018/2019 numbers. Address each country individually. This project does not have to be written in paragraph form. I am looking for economic numbers. When in doubt, give the estimate if the data says so. Also state any footnotes that are included with the data.

• Currency
• Exchange rate with the US dollar
• GDP - Gross Domestic Product
• Average inflation rate
• Exports to the United States (in US dollars $)
• Imports from the United States (in US dollars $)
• Average per capita income
• Major exports to the United States
• Major imports from the United States
• Major trade partners

Consider a financial institution which would like to invest 100 AUD today and receive USD in one year from now. The real rate is 5% in Australia and the inflation rate in Australia is 5%. The inflation rate in the US is 7.5%.

a) Assume that the real rate equivalence holds. Calculate the nominal interest rate in the US and Australia.

b) Assume the spot exchange rate is 0.80 USD per 1 AUD. Calculate the forward rate for one year from now.

c) Consider the following two strategies:
1. The financial institution invests 100 AUD in Australia for one year and transfers the repayment at the forward rate.

2. The financial institution transfers 100 AUD to USD at the spot exchange rate and invests in the US.

Calculate the investment result and interpret your finding.

Q1:

Some commentators suggest that the US should have learned from its experiences in the Lebanon conflict (1980's) not to become involved in the Syrian Civil War. What factors might have prevented such a conclusion?

Group of answer choices

The Lebanese civil war was mainly a political conflict, while the Syrian civil war is based on ethno-religious identity and has inherently different dynamics

Intervening in Lebanon did not incur any real costs, so the US was not sufficiently wary about Syria

The Israel lobby drove US intervention in Lebanon, but is less interested in Syria

Cold War dynamics limited the role that other great powers would take in Lebanon, but Syria occurred in a post-Cold War world with different rules

Q2:

Which of these statements is true regarding US intervention in Africa during the 1990's?

Group of answer choices

Despite failures in intervention during the 1990's, the US has been able to foster successful development and growth in both Somalia and Rwanda during the past two decades

The US experience in Somalia played a central role in shaping US action during the Rwandan Genocide

Criticism of US inaction during the Rwandan Genocide pushed the Clinton Administration to intervene in Somalia, with disastrous results

There was no real relationship between the Somalia and Rwandan interventions