You have been a diligent saver and at age 30 you have managed to
save $50,000 for your retirement at age 65. You estimate that your
invested savings will make on the average $3000 per year. The fund
management fees are 1.5% of your investment balance at the end of
the year after the investment returns have been added. You pay fees
on a percentage of the total investment balance — not on annual
investment gains of your hard earned retirement savings. What will
be the difference in the retirement savings of $50,000 at age 65 if
the fund management fees were 0.5%?
What advice you will have for a potential client who wants
independent advice on how to choose funds based on management
fees/costs?
In: Finance
during discal 2016 stanley black and decker corporation reported net income of 965.3 million and paid dividends of 330.9 million which of the following describes how these transaction would affect stanley black and decker's equity accounts
a- increase contibuted capital by 965.3 and decrease earned capital by 330.9
b- deacres contributed capital by 330.9 and increase earned capital by 965.3
c- increase contributed capital by 634.4
d- increase earned capital by 634.4
In: Accounting
CASE: SUPPLY CHAIN MANAGEMENT
Pierre’s Kitchen
Pierre’s Kitchen manufactures utensils and gadgets for the cooking enthusiast. Pierre’s products are sold throughout North America, predominantly through kitchen and home specialty stores. Like most producers and suppliers of consumer specialty products, Pierre’s must cope with large seasonal variation in demand. This is easily seen to relate to seasonal variation at the retail stores,
One of Pierre’s top-selling product families is its line of 78 different gourmet kitchen knives. The knives have received praise for their comfort in the hand and their ability to hold an edge. Pierre’s credits the popularity of its knives to the steel used in their construction. Pierre’s has always utilized the finest Swedish steel for its blades. The steel used in those knives is the source for nearly all of purchasing manager Robin Benton’s aggravation.
Robin orders steel for knives at the beginning of each month. By the time it is transported to port, shipped to the US, and trucked to the Pierre’s Kitchen plant, it takes just over five weeks to get it. Robin determines order quantities by projecting retail demand for each knife model over the next month, translating those forecasts into steel requirements, and then summing the requirements across the 78 knife models. That forecast for each knife model is based on the sales that occurred the previous month. Pierre’s supplier of steel recently threatened to increase its prices during the next contract period to cover increasing expenses it claims are the result of the wide fluctuations in order quantities from Pierre’s.
Robin has examined her forecasts and orders for knife steel and admits that the orders fluctuate dramatically from month to month. This results from fluctuations in individual store demand, which in turn results from promotions and sales at the store level. When confronted with this information, sales manager Jaylen Cooper responded, “It’s true that sales at individual stores fluctuate, but when I look at month-to-month sales across an entire chain of retail stores, the demand only fluctuates about 10 percent. The only exception to this is the inventory build-up at Christmas time.” Robin’s examination of the actual sales data confirmed Jaylen’s report.
1. Explain all possible causes of the demand fluctuation at the supplier.
2. For each possible cause, identify a reduction strategy that is within Robin’s control.
3. Is this bullwhip effect? Explain.
4. What types of communications enhancements would help reduce the problem?
In: Operations Management
The worldwide market share for a web browser was 20.1% in a recent month. Suppose that a sample of 100 random students at a certain university finds that 25 use the browser.
A. At the 0.05 level of significance, is there evidence that the market share for the web browser at the university is greater than the worldwide market share of 20.1%?
Determine the null and alternative hypotheses.
Calculate the test statistic.
The p-value is
State the conclusion of the test.
B. Suppose that a sample of n=400 students at the same university (instead of n=100) determines that 25% of the sample use the web browser. At the 0.05 level of significance, is there evidence that the market share for the web browser at the university is greater than the worldwide market share of 20.1%?
Calculate the test statistic for the second sample.
What is the p-value for the second sample?
The p-value is
State the conclusion of the test using this second sample at the 0.05 level of significance.
C. Compare the results of (a) and (b) and discuss the effect that sample size has on the outcome, and, in general, in hypothesis testing.
D. What do you think are your chances of rejecting any null hypothesis concerning a population proportion if a sample size of n=20 is used?
The likelihood of rejecting a null hypothesis with N=20 is relatively ( HIGH OR LOW)
In: Statistics and Probability
Please write a java program that has the following methods in it: (preferably in order)
Design Notes:
Please copy the java code along with a screen print (snippet) of the final output. I would like both to review the work that I already have done. Thanks in advance!
In: Computer Science
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In: Accounting
A genome-wide association study can identify new variants associated with a condition, and the data can be used to calculate an odds ratio, which is the ratio of the odds of having a condition if an individual has a variant. For example, a variant with an odds ratio of 3 means that individuals with that variant are three times more likely to have the condition than those who do not. Which of the following statements is NOT true?
A variant that lowers risk of developing a condition will have an odds ratio less than one.
A variant that is not associated with a condition will have an odds ratio of one.
A Mendelian variant will have a higher odds ratio than a complex variant.
The penetrance of a variant will not affect the odds ratio.
In: Biology
3. In the information below: two variables are defined, a regression equation is given, and one data point is given.
Variable: Weight = Maximum weight capable of bench pressing (pounds)
Variable: Training = Number of hours spent lifting weights a week
Regression: Weight= 95 + 11.7(Training)
Data point: An individual who trains 5 hours a week and can bench 152 pounds
Give the value of the slope and
interpret the value of the slope in context.
Clearly label answer below.
Give the value of the y-intercept and interpret the value of the intercept in context. If the intercept makes no sense in this context, briefly explain why or why not. Clearly label answer below.
In: Statistics and Probability
11. Once all employees have been designated for layoff, what should HR do before the layoff is implemented? Why? 12. What steps can an employer take to minimize the possiblity of terminations being overturned by legal actions? Why? 13. Assuming that a significant number of skilled employees are designated for layoff, how can an organization assist these workers following dismissal? Can an organization protect selected skilled workers in a layoff? Why or why not? 14. Why is it advisable that human resources provide individual meetings with each emplouee that is terminated in a workforce reduction? 15. should an employee who is about to be discharged for cause be allowed to resign? Why or why not?
In: Operations Management
Moana is a single taxpayer who operates a sole proprietorship. She expects her taxable income next year to be $250,000, of which $200,000 is attributed to her sole proprietorship. Moana is contemplating incorporating her sole proprietorship. (Use the tax rate schedule). a. Using the single individual tax brackets and the corporate tax rate of 21 percent, find out how much current tax this strategy could save Moana (ignore any Social Security, Medicare, or self-employment tax issues). (Round your intermediate calculations and final answer to nearest whole dollar amount.)
b. How much income should be left in the corporation?
In: Accounting