1. Many people in Texas are employed by foreign owned firms. Which countries are the top 5 foreign-employers in Texas?
2. . What percentage of the exports from Texas are originated in the Dallas/Fort Worth/Arlington area? Which area is number one?
3. Which three countries are the top Exporters into the U.S. from the December 2019 year to date figures? List them in order from high to low in terms of their value in U.S. Dollars (round to billions) as well as their percentage of total exports.
6. Which are the top three importers into the U.S.? List them in order from high to low in terms of their value in U.S. Dollars (round to billions) as well as their percentage of total imports.
In: Economics
In a survey of 100 U.S. residents with a high school diploma as their highest educational degree (Group 1) had an average yearly income was $35,621. Another 120 U.S. residents with a GED (Group 2) had an average yearly income of $33,498. The population standard deviation for both populations is known to be $4,310. At a 0.01 level of significance, can it be concluded that U.S. residents with a high school diploma make significantly more than those with a GED?
Enter the test statistic - round to 4 decimal places.
Enter the P-Value - round to 4 decimal places.
Can you conclude that U.S. residents with a high school diploma make significantly more than those with a GED?
In: Statistics and Probability
Briefly explain how each of the following would likely affect the value of the dollar and the exchange rate, all else being equal. (Please answer for all 5!)
1. U.S. consumers increase their spending on imported goods.
2. The Federal Reserve reports that it is less concerned about inflation and more concerned about the impending recession in the United States.
3. The U.S. government imposes a large tariff on imported automobiles.
4. The Federal Reserve raised interest rates fearing inflationary pressures due to the booming economy.
5. Both the U.S. and the European Union agreed with the WTO to abide by the free trade agreements. (Here, assume that the U.S. and the E.U. are sole trading partners.)
In: Economics
In: Operations Management
13. If the economy experiences unexpected inflation then a. debtors would gain at the expense of creditors. b. both debtors and creditors would have increased real wealth. c. both debtors and creditors would have reduced real wealth d. creditors would gain at the expense of debtors.
14. Which of the following is correct? a. The U.S. is currently running a trade deficit and is a net creditor to the rest of the world b. The U.S. is currently running a trade deficit and is a net debtor to the rest of the world c. The U.S. is currently running a trade surplus and is a net creditor to the rest of the world d. The U.S. is currently running a trade surplus and is a net debtor to the rest of the world
15. If country has $300 million of domestic investment and $260 million of national saving then net capital outflow are ___________________ and the country is running a trade __________________ a. negative; deficit b. negative; surplus c. positive; surplus d. positive; deficit
16. An appreciation of the U.S. real exchange rate induces U.S. consumers to buy a. fewer domestic goods and fewer foreign goods. b. more domestic goods and fewer foreign goods. c. fewer domestic goods and more foreign goods. d. more domestic goods and more foreign goods.
In: Economics
According to data from the 2018 General Social Survey (GSS 2018), the average number of years of education of the 2345 adults in the U.S. sample is 13.73, with a standard deviation of 2.974. Compared to the national average of 13.26 years of education in 2000, researchers are wondering if the national education level had increased during these years. Do a hypothesis testing with α=0.05. Use this example to answer questions 24 to 27.
24. What’s the null hypothesis in this case?
A. The average number of years of education in the U.S. adult
population did not change much from 2000 to 2018.
B. The average number of years of education in the U.S. adult
population was equal to 13.73 in 2018.
C. The average number of years of education for the GSS 2018 sample
is no different from 13.26, the national average in 2000.
D. The average number of years of education in the U.S. adult
population had increased from 2000 to 2018.
25. What’s the alternative hypothesis in this
case?
A. The average number of years of education in the U.S. adult
population had changed since 2000.
B. The average number of years of education for the GSS 2018 sample
is different from 13.26, the national average in 2000.
C. The average number of years of education in the U.S. adult
population in 2018 was higher than that in 2000.
D. The average number of years of education in the U.S. adult
population had decreased from 2000 to 2018.
26. Which of the following statements about this
example is correct?
A. This is a two-tailed test and you have two rejection
regions.
B. Since the sample size is large, we cannot use the normal
distribution as the sampling distribution.
C. This is a one-tailed test and the rejection region is on the
left side of the sampling distribution.
D. The rejection region is on the right side of the sampling
distribution.
27. What conclusion can we draw for this
example?
A. There is no enough evidence to reject the null hypothesis.
B. We can be 90% confident that the average number of years of
education in the U.S. adult population had increased since
2000.
C. The average number of years of education in the U.S. adult
population had increased since 2000.
D. There is a significant difference between 2018 and 2000 in terms
of the national education level in the U.S. adult population.
In: Statistics and Probability
Three different companies each purchased trucks on January 1, 2018, for $76,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 81,000 miles in 2018, 55,000 miles in 2019, 46,000 miles in 2020, and 71,000 miles in 2021. Each of the three companies earned $65,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. b-1. Calculate the net income for 2021? (Round "Per Unit Cost" to 3 decimal places.)
In: Accounting
The Stilton Company has the following inventory and credit
purchases during the fiscal year ended December 31, 2020.
| Beginning | 521 units @ $88/unit | |||||
| Feb. 10 | 265 units @ $85/unit | |||||
| Aug. 21 | 145 units @ $98/unit | |||||
Stilton Company has two credit sales during the period. The units
have a selling price of $148 per unit.
| Sales | ||
| Mar. | 15 | 345 units |
| Sept. | 10 | 250 units |
Stilton Company uses a perpetual inventory system.
Required:
1. Calculate the dollar value of cost of goods
sold and ending inventory using: (Do not round intermediate
calculations. Round "Average cost per
unit" to 2 decimal places. Round the final answers
to 2 decimal places.)
In: Accounting
A company expects to receive the following two payments from
their client in China.
January
6,2021 ¥1,000,000.00
April 6,
2021 ¥1,000,000.00
Given the follow data, answer the following questions.
Spot rate today (October 6,
2020) $0.1455 Spot
rate on Expiration
Jan 6, 2021
Futures $0.1440 Spot
rate on Jan 6, 2021= $0.1550
Apr 6, 2021
Futures $0.1430 Spot
rate on Apr 6, 2021= $0.1425
a) Should the company be worried of the dollar depreciating or
appreciating?
b) How should the company hedge the two receivables using
futures?
c) What will be the outcome of the hedges if the spot rate on
expiration is as shown above? Show all work.
d) Explain margin requirements and maintenance margin when trading
futures contracts.
In: Finance
You are an equity analyst covering the tourism industry. To answer this question, pick an airline company which is currently listed on a stock exchange. You will consider the time-period and daily share price of the company that you picked for the period 1st December 2019 to 1st of April 2020. Carefully identify at least two major news stories, events or issues related to the company that impacted the share price by 5% or more on the day of release (this can be intra-day or closeprice) and why they impacted the share price in the way that they did. You should include a price chart of some sort, with annotation, which clearly shows each major news impact on the price. Marks are allocated for relevant news story, clearly annotated diagrams and discussion as to why the identified news impacted share price .
In: Accounting