1.The Personal Responsibility and Work Opportunity Reconciliation Act, passed by Congress in 1996, ended the guarantee of assistance to
A.registered Democrats
B.every family in the U.S.
C.every poor family that meets eligibility requirements
D.every poor family regardless of whether they meet eligibility requirements
2.In which of the following nations is income inequality the highest?
A.Germany
B.United States
C.Brazil
D.Iran
3.What do functionalists, in particular, point out about malnourishment?
A.It is a specific result of ongoing neocolonialism
B.It serves beneficial effects in developing countries by maintaining social boundaries
C.It is yet another result of inequality
D.It contributes to the growth of inequality over time in a country
4.The multinational corporation Exxon/Mobil makes close to the same amount as the gross national income of which nation?
A.Austria
B.South Africa
C.Colombia
D.Chile
5.The goal of the United Nations Millennium Project was to
A.reduce the power of multinational corporations
B.halve extreme poverty worldwide by 2015
C.eliminate malnourishment in the world by 2015
D.raise the GDP of the poorest countries of the world by 2015
Thank you

1.

1. One of the England’s largest corporation, who own the hair salon, “British Hairways” just expanded operations into the United States. At present, the firm has a 30 year, $10,000 par value bond outstanding, with a coupon rate of 4.3% percent paid semiannually and 15 years to maturity. The yield to maturity on this bond is 5.2 percent.

1. What is the current value of the bond?  

2. Once you have calculated the Present Value or the current price of the bond, what would be the Current Yield on this bond?

3. Is it selling at a discount, par, or premium?

4. What is the difference between the concepts of Yield to Maturity, Current Yield, and Coupon Rate? Please compare the three rate

Further Instructions:

Please include a time line, filling in or including all given and to be solved variables which are components of the bond, such as N, Semi-Annual Time Periods (as long as you indicate semi-annual is the frequency), I/Y, Coupon PMT, FV (Face Value at Maturity or M), (where the Present Value equals the current bond price) PV is variable to be solved for, so PV?

Lynch Corporation has a wholly owned subsidiary in Mexico (Lynmex) with two distinct and unrelated lines of business. Lynmex’s Small Appliance Division manufactures small household appliances such as toasters and coffeemakers at a factory in Monterrey, Nuevo Leon, and sells them directly to retailers such as Gigantes throughout Mexico. Lynmex’s Electronics Division imports finished products produced by Lynch Corporation in the United States and sells them to a network of distributors operating throughout Mexico.

Lynch’s CFO believes that the two divisions have different functional currencies. The functional currency of the Small Appliance Division is the Mexican peso, whereas the functional currency of the Electronics Division is the U.S. dollar. The CFO is unsure whether to designate the Mexican peso or the U.S. dollar as Lynmex’s functional currency, or whether the subsidiary can be treated as two separate foreign operations with different functional currencies.

Required

Search current U.S. authoritative accounting literature to determine how the functional currency should be determined for a foreign entity that has more than one distinct and separable operation. Identify the source of guidance for answering this question

Lynch Corporation has a wholly owned subsidiary in Mexico (Lynmex) with two distinct and unrelated lines of business. Lynmex’s Small Appliance Division manufactures small household appliances such as toasters and coffeemakers at a factory in Monterrey, Nuevo Leon, and sells them directly to retailers such as Gigantes throughout Mexico. Lynmex’s Electronics Division imports finished products produced by Lynch Corporation in the United States and sells them to a network of distributors operating throughout Mexico.

Lynch’s CFO believes that the two divisions have different functional currencies. The functional currency of the Small Appliance Division is the Mexican peso, whereas the functional currency of the Electronics Division is the U.S. dollar. The CFO is unsure whether to designate the Mexican peso or the U.S. dollar as Lynmex’s functional currency, or whether the subsidiary can be treated as two separate foreign operations with different functional currencies.

Required

Search current U.S. authoritative accounting literature to determine how the functional currency should be determined for a foreign entity that has more than one distinct and separable operation. Identify the source of guidance for answering this question

The probabilities associated with the expected principal source of payment for hospital discharges in the United States in the year 1990 are listed below:

Principle source of Payment Probability

Private Insurance 0.412

Medicare 0.325

Medicaid 0.107

Other Govt. Program ????

Self-payment 0.039

Other/ No charge 0.033

Not stated 0.025

1. What is the probability that the principal source of payment is Other Govt. Program? Which answer is correct? There might be slight rounding differences. Please provide an explanation.

a. 0.001

b. 0.059

c. 0.905

d. 0.509

2. What is the probability that the patient’s principal source of payment is Medicare, Medicaid, or some other government program? Which answer is correct? There might be slight rounding differences. Please provide an explanation.

a. 0.001

b. 0.941

c. 0.149

d. 0.491

3. Given that the principal source of payment is NOT a government program, what is the probability that it is Private Insurance? Which answer is correct? There might be slight rounding differences. Please provide an explanation.

a. 0.321

b. 0.980

c. 0.809

d. 0.123

A market research firm reported the mean annual earnings of all family practitioners in the

United States was $178,258. A random sample of 59 family practitioners in Los Angeles had

mean earnings of = $191,350 with a standard deviation of s=$42,897. Do the data provide

sufficient evidence to conclude that the mean salary for family practitioners in Los Angeles

differs from the national average? Use the α=0.05 level of significance and the P-value method.

(a) What type of value is being measured? (a mean, proportion or standard deviation?)

(b) Is the population standard deviation known or unknown?

(c) What distribution is used to find the P-value for this type of measurement?

(d) What assumptions must hold for this method to be used? Check the assumptions.

(e) State the appropriate null and alternate hypotheses:

(f) What type of hypothesis test is this? (left tail, right tail or two tail)

(g) Compute the P-value.

(h) Based on the P-value, do you reject

(i) Is there enough evidence to conclude that the mean salary for family practitioners in Los

Angeles differs from the national average?

Soul Ltd is an Australian company that makes and sells small electronic goods and its financial year ends on 30 June. On 1 February 2018, a customer from the United States ordered some goods from Soul Ltd at an invoice cost of US$400,000 on terms FOB destination. On 30 April 2018, the goods were delivered to the customer. The agreed payment arrangements are that 30% of the total amount owing would be paid on delivery, 20% three months after delivery, and the remaining 50% four months after delivery. The end of the reporting period for Soul Ltd is 30 June. The following exchange rates are applicable.

Required:

In accordance with AASB 121, prepare the relevant journal entries of Soul Ltd to account for the above transactions.

Please show how to solve this with excel

Jane's Sub Shop is considering investing in toaster ovens for each of its 120 stores located in the southwestern United States. The high-capacity conveyor toaster ovens, manufactured by Lincoln, will require an initial investment of $15,000 per store plus $500 in installation costs, for a total investment of $1,860,000. The new capital (including the costs for installation) will be depreciated over five years using straight-line depreciation toward a zero salvage value. Jane will also incur additional maintenance expenses totaling $120,000 per year to maintain the ovens. At present, firm revenues for the 120 stores total $9 million, and the company estimates that adding the toaster feature will increase revenues by 10%. Jane's weighted average cost of capital is 9%.

a. If Jane faces a 30% tax rate, what expected project FCFs for each of the next five years will result from the investment in toaster ovens?

b. What is the project's NPV? Should the project be accepted?

c. What is the project's IRR? Should the project be accepted?

A researcher at the Annenberg School of Communication is interested in studying the use of smartphones among young adults. She wants to know the average amount of time that college students in the United States hold a smartphone in their hand each day. The researcher obtains data for one day from a random sample of 25 college students (who own smartphones). She installs an app that registers whenever the smartphone is being held and the screen is on. The sample mean is 230 minutes, with a standard deviation of 11 minutes.

What is the 99% confidence interval for average daily time a smartphone is used among college students?

What is the lower bound of the confidence interval?   

What is the upper bound of the confidence interval?

What decision should the researcher make about the null hypothesis? Be sure to explain your answer (e.g., what numbers provide the basis for this decision?).

Would our decision about the null hypothesis have been different if the researcher had initially hypothesized that women spend more time talking on their phones than men?

Explain all parts/information necessary to answer this question.