11: Sue owns 2000 shares of the 20 million outstanding common shares of ABC Corp. ABC stockholders have preemptive rights. Now, ABC decides to sell 2 million new common shares through a rights offering. How many rights will Sue receive?

        a. 200

        b. 0.20

        c. 0.10

        d. 20

18: Suppose we employ a "price-weighted" methodology to construct and track a two-stock index based on Stocks X and Y. Stock X has an initial price of $10 and there are 10 million shares outstanding. Stock Y has an initial price of $20 and there are 40 million shares outstanding. One month later, Stock Xs price is $12 and Stock Ys price is still $20. The shares outstanding remain the same. What is the percentage change in our price-weighted index over the one-month period?

        a. 0

        b. 20.00%

        c. 6.67%

        d. 2.22%

Display process

John makes regular $2000 deposits in his savings account every year for the next 10 years, starting today(total 11 deposits). The bank will pay annual intrest rate of 5% for the next 10 years and will increase the intrest rate to 10%, thereafter. When will John have $100,000 in his account?

Please show all working with formulas. Don't solve it through excel.

A. How has the global environment changed for U.S. (Hollywood) movie studies since 2000? Explain.

B. Apply the integration-responsiveness framework to describe which global strategy Hollywood studies followed originally, and how their strategic positioning has changed over time. Explain how and why.

C. When commenting on the disappointing performance of The Great Wall, movie executives continue to highlight the huge market opportunities in China and emphasize that they will soon find the right formula to make movies that are attractive to both American and Chinese audiences alike. Do you agree with this assessment? Why or why not?

D.Assuming that movie studios will be able to create breakthrough hits that are attractive for both Eastern and Western audiences, what type of global strategy wouldthat entail? What are some benefits of this type of global positioning? What are some of its risks? Why is this type of global positioning so hard to achieve?

The healthy spring water company sells 10-gallon bottles of water for water fountains. It sells 2000 bottles a day at a price of $20. The company’s daily revenues and costs are:

            Sales revenues             $40,000

            Variable costs             $16,000

            Fixed costs                  $20,000

Although the company grew rapidly in the past decade, sales have been rather stagnant in the last year. The problem is that the market for spring water has grown large enough that grocery stores have begun to carry it at prices below those of healthy spring.

The company is considering raising the price by 15% and repositioning its water as a premium brand. Healthy Spring believes that it will be able to keep most of its loyal customers with a price increase. How many units loss can Healthy Spring tolerate before the price increase would become unprofitable?  

(15.48 S-AQ) The scores of 12th-grade students on the National Assessment of Educational Progress year 2000 mathematics test have a distribution that is approximately Normal with mean µ = 298 and standard deviation s = 34.

1. Choose one 12th-grader at random. What is the probability (± ± 0.1) that his or her score is higher than 298? Higher than 332 (± ± 0.001)?

2. Now choose an SRS of 16 twelfth-graders and calculate their mean score x⎯⎯⎯ x ¯ . If you did this many times, what would be the mean of all the x⎯⎯⎯ x ¯ -values?

3. What would be the standard deviation (± ± 0.1) of all the x⎯⎯⎯ x ¯ -values?

4. What is the probability that the mean score for your SRS is higher than 298? (± ± 0.1) Higher than 332? (± ± 0.0001)

QUESTION 3
The end of ABC’s reporting period is 30 April 2018. During the past two years, the following
transactions transpired relating to a machine:
On 15 June 2016 ABC orders a one-of-a-kind machine at a price of N$800 000 to
manufacture extra small MP3 players and paid in cash. The machine was delivered to ABC’s
factory on 28 July 2016 and was installed and ready for use on 1 August 2016. The first
products were manufactured on 16 August 2016.
The following costs (excluding VAT) were incurred to get the machine ready for use and was
expensed to an “Asset installation cost” account:
N$
Import duties (non-recoverable) 150 000
Testing costs (to ensure that the machine was fully operational before
starting actual production)
20 000
Advertising costs of new product 50 000
Installation costs 30 000
The depreciation policy for the machine is to write off such assets on a straight line basis at
20% per year.
By 30 April 2017, management realised that there was not really a great demand for the
extra small MP3 players and that sales were much lower than expected. They realised that
there was no active market for the machine and were unable to determine its fair value. They
estimated that they would generate the following cash flows from the use of the asset in the
future:
Year 1 Year 2 Year 3
Sales of MP3 players 390 985 355
993
288 554
Maintenance costs -20 385 -22
378
-28 375
Operational costs -40 567 -43
058
-46 129
Net cash inflows 330 033 290
557
214 050
Present value factors for a discount rate of 10% are as follows:
Year 1 0,909
Year 2 0,826
Year 3 0,751
(If you use these factors for calculations, round off to the nearest NAD).
Based on the information above, early in May 2017 management estimated that the machine
only had a remaining useful life of 3 years and that the residual value at the end of such life
would be N$100 000. At the end of April 2018, management’s view was confirmed that there
was virtually no demand for the MP3 players. They had already started negotiating a deal
Page 14 of 14
with a Nigerian buyer for a price of N$680 000. It is estimated that selling costs will be
N$30 000. You may assume that the requirements in order to classify this machine as a noncurrent
asset held for sale have been met.
REQUIRED
Recognise all the transactions from the information above through journals with proper
narrations in ABC’s financial records for the period ending 30 April 2017 and 30 April
2018.(14)

Labor Relations- Chapter- Unions: Objectives, Processes and Structure

Case Study- A Raise in Pay, But . . .

One of the main purposes of minimum wage legislation is to protect non-unionized workers in jobs requiring minimum skill levels. A minimum wage creates a “floor” above which employees or their unions may negotiate with management for higher pay rates. In 1970, Ontario’s minimum wage was set at $1.50 per hour. On January 1, 2018, the minimum wage rate in Ontario increased to $14 per hour and is promised to rise to $15 per hour in 2019. It is estimated that ten percent of the province’s workforce is paid the minimum wage rate.

In early 2018, media outlets reported protests that occurred at various Tim Horton’s outlets in Ontario over action by franchise owners to deal with rising labour costs. Union officials noted employee accounts of losing paid breaks and having to buy their own uniforms after the new minimum wage rates went into effect. The Ontario Federation of Labour (OFL) called for a National Day of Action in January 2018, saying that it was mobilizing concerned members of the labour movement, including the Fight for $15, the Canadian Labour Congress and labour federations across Canada, to protest such actions in response to minimum wage increases.

Protests against actions taken by Tim Horton’s and many of its franchisees were held in over 20 Ontario communities with the support of the Ontario Public Service Employees Union, labour councils and other action-based worker agencies. Similar protests occurred in British Columbia, Nova Scotia and Saskatchewan.

Over 20 representatives from various labour councils gathered at a Tim Horton’s location in Windsor, Ontario to protest. An OFL representative stated that she and other union representatives were there to show the workers that the labour movement and the community were there to support them and make sure they were treated with respect. Another union leader said if there was a union steward present in such a situation, steps would be taken to resolve employee concerns. Many of the workers felt afraid to raise their concerns with management due to a fear of being fired.

There was no report of how many union organizers might have been at these rallies trying to gain support among the employees to join a union.

Questions:

1. What are the different roles played by federations of labour and labour councils?

2. How could the respective roles of these two labour organizations influence actions by other parties to address the concerns raised by affected Tim Horton’s employees?

3. As an HR leader at Tim Horton’s corporate office, what steps would you suggest to senior management to successfully handle this situation and hopefully avoid the employees joining a union?

Python:

The file, Program11.txt, on the I: drive contains a chronological list of the World Series’ winning teams from 1903 through 2018. The first line in the file is the name of the team that won in 1903, and the last line is the name of the team that won in 2018. (Note that the World Series was not played in 1904 or 1994. There are no entries in the file indicating this.) Write a program that reads this file and creates a dictionary in which the keys are the names of the teams and each key’s associated value is the number of times the team has won the World Series. The program should also create a dictionary in which the keys are the years and each key’s associated value is the name of the team that won that year. The program should prompt the user for a year in the range of 1903 through 2018. It should then display the name of the team that won the World Series that year and the number of times that team has won the World Series.
Allow the user to run the program as many times as possible until a sentinel value of zero (0) has been entered for the year. No input, processing, or output should happen in the main function. All work should be delegated to other functions. The program should have at least 4 functions (main and developerInfo included). Include the recommended minimum documentation for each function. See the program one template for more details. Run your program at least five times with 1903, 1994, 2009, 2016, and 2018 as the user input for the year. Copy and paste the outputs to a file.

program11.txt:

Boston Americans
New York Giants
Chicago White Sox
Chicago Cubs
Chicago Cubs
Pittsburg Pirates
Philadelphia Athletics
Philadelphia Athletics
Boston Red Sox
Philadelphia Athletics
Boston Braves
Boston Red Sox
Boston Red Sox
Chicago White Sox
Boston Red Sox
Cincinnati Reds
Cleveland Indians
New York Giants
New York Giants
New York Yankees
Washington Senators
Pittsburgh Pirates
St. Louis Cardinals
New York Yankees
New York Yankees
Philadelphia Athletics
Philadelphia Athletics
St. Louis Cardinals
New York Yankees
New York Giants
St. Louis Cardinals
Detroit Tigers
New York Yankees
New York Yankees
New York Yankees
New York Yankees
Cincinnati Reds
New York Yankees
St. Louis Cardinals
New York Yankees
St. Louis Cardinals
Detroit Tigers
St. Louis Cardinals
New York Yankees
Cleveland Indians
New York Yankees
New York Yankees
New York Yankees
New York Yankees
New York Yankees
New York Giants
Brooklyn Dodgers
New York Yankees
Milwaukee Braves
New York Yankees
Los Angeles Dodgers
Pittsburgh Pirates
New York Yankees
New York Yankees
Los Angeles Dodgers
St. Louis Cardinals
Los Angeles Dodgers
Baltimore Orioles
St. Louis Cardinals
Detroit Tigers
New York Mets
Baltimore Orioles
Pittsburgh Pirates
Oakland Athletics
Oakland Athletics
Oakland Athletics
Cincinnati Reds
Cincinnati Reds
New York Yankees
New York Yankees
Pittsburgh Pirates
Philadelphia Phillies
Los Angeles Dodgers
St. Louis Cardinals
Baltimore Orioles
Detroit Tigers
Kansas City Royals
New York Mets
Minnesota Twins
Los Angeles Dodgers
Oakland Athletics
Cincinnati Reds
Minnesota Twins
Toronto Blue Jays
Toronto Blue Jays
Atlanta Braves
New York Yankees
Florida Marlins
New York Yankees
New York Yankees
New York Yankees
Arizona Diamondbacks
Anaheim Angels
Florida Marlins
Boston Red Sox
Chicago White Sox
St. Louis Cardinals
Boston Red Sox
Philadelphia Phillies
New York Yankees
San Francisco Giants
St. Louis Cardinals
San Francisco Giants
Boston Red Sox
San Francisco Giants
Kansas City Royals
Chicago Cubs
Houston Astros
Boston Red Sox

def main():
# Local dictionary variables
year_dict = {}
count_dict = {}
  
developerInfo()
  
# Open the file for reading
input_file = open('Program11.txt', 'r')

def showResults(year_dict, count_dict):
  
# Receive user input
year = int(input('Enter a year in the range 1903-2018: '))

# Print results
if year == 1904 or year == 1994:
print("The world series wasn't played in the year", year)
elif year < 1903 or year > 2018:
print('The data for the year', year, \
'is not included in our database.')
else:
winner = year_dict[year]
wins = count_dict[winner]
print('The team that won the world series in ', \
year, ' is the ', winner, '.', sep='')
print('They have won the world series', wins, 'times.')
  
# End of showResults

Use this scenario to answer questions below.

The Collins Research Crew (CRC) is interested in examining the number of vape/smoking stores (i.e. stores that sell vaping and cigarette/cigar smoking products) in low-income neighborhoods compared to other types of neighborhoods. CRC's research question is, "Do low-income neighborhoods have more vape/smoke shops than other types of neighborhoods?" Low-income neighborhoods were defined as those where the median household income is less than the U.S. federal poverty line. Non-low-income neighborhoods are those that the median household income is greater than the U.S. federal poverty line.

CRC employed a team of undergraduate researchers to go out and count the number of vape/smoke shops in a random selection of low-income and non-low-income neighborhoods. They define the population as all neighborhoods in King County.

They found a significant difference in the number of vape/smoke shops across neighborhoods. Specifically, low-income neighborhoods had a greater number of vape/smoke shops compared to non-low-income neighborhoods.

Match the null hypothesis, directional hypothesis, and non-directional hypothesis with their most appropriate statement.

Null Hypothesis

      [ Choose ]           

There is a relationship between the average number of vape/smoke shops and neighborhood type..           

There is no relationship between the number of vape/smoke shops and neighborhood type.           

Low-income neighborhoods have more vape/smoke shops than non-low-income neighborhoods.average.      

Directional Hypothesis

      [ Choose ]           

There is a relationship between the average number of vape/smoke shops and neighborhood type..           

There is no relationship between the number of vape/smoke shops and neighborhood type.           

Low-income neighborhoods have more vape/smoke shops than non-low-income neighborhoods.average.      

Non-directional hypothesis

      [ Choose ]           

There is a relationship between the average number of vape/smoke shops and neighborhood type..           

There is no relationship between the number of vape/smoke shops and neighborhood type.           

Low-income neighborhoods have more vape/smoke shops than non-low-income neighborhoods.average.      

Given the research question asked in the scenario above, the best research hypothesis is a non-directional hypothesis.

True OR False

"Specifically, low-income neighborhoods had a greater number of vape/smoke shops compared to non-low-income neighborhoods." What is this sentence indicating?

A. Low-income people vape/smoke at higher levels than the average King County resident

B. Any difference is due to chance and not some systematic influence

C. Any difference is due to some systematic influence and not by chance

D. There is no difference in the number of vape/smoke shops

If CRC found a significant difference between neighborhoods at the significance level of p<.05, what does that indicate?

A.They are willing to accept the research hypothesis 5% of the time

B.There is a greater than 95% chance that observed differences occurred at random (i.e. were not explained by some systematic influence)

C. There is a less than 5% chance that observed differences occurred at random (i.e. were not explained by some systematic influence)

D. They are willing to reject the null hypothesis 90% of the time

Match the term to the most correct definition:

The reason for a city's existence along with its future growth or decline, what it offers that other cities do not, and what attracts business and people:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

Resources in the production process (such as capital, labor, and raw materials) that are used by businesses to produce products:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

The phenomena whereby firms will tend to locate near each other because of shared inputs or information (which benefits their production):

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

Activities that produce goods and services for consumption outside the community, and drive the local economy:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

Activities that produce goods and services for the local economy, and circulate money that is already in the local market:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

The classification system used by the Bureau of Economic Analysis to identify different industries:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

The ratio of total employment to estimated basic employment in a community, which is used to estimate the impact of additional basic jobs:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

An analytical statistic that measures a region’s industrial specialization relative to a larger geographic unit (usually the nation):

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

A method compares community level employment information, not to the nation, but to other communities of similar size:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier      

A condition that leads to over-estimated multipliers in states like Florida where a large amount of the population is retired and spending income that was not earned there:

      [ Choose ]            location quotient            comparative advantage            agglomeration economies            factors of production            NAICS            basic employment            non-basic employment            transfer income            minimum requirement            economic base multiplier