2a)Which of the following is not a type of financial inflow?

b)

If imports exceed exports, then there is a balance of trade _________, resulting in a financial _________.

c)If net taxes exceed government purchases, then the government may __________, causing interest rates to __________.

d)In the closed nation of Zeeland, government spending exceeds net taxes. We would expect interest rates to __________ and economic growth to _________.

e)

The S&P 500 and the Dow Jones Industrial Average indices are proxies for the broader US stock market. You notice one day that the S&P 500 closed UP by 0.20%, while the DJIA closed DOWN by 0.20%.  

Explain how it is possible for one proxy (S&P 500) to have a positive return while the other (DJIA) has a negative return on any given day. Include in your explanation some names that could have caused this discrepancy. Which return (S&P 500 or DJIA) is more indicative of the 'true market return'?

To facilitate your analysis, please refer to the link below that shows the components of the S&P 500 and DJIA.  Hint: Recall the S&P 500 contains the largest 500 US companies where the weight of each name is proportional to its market value. The DJIA is a price-weighted index comprised of select 30 names representing certain industries.

The S&P 500 and the Dow Jones Industrial Average indices are proxies for the broader US stock market. You notice one day that the S&P 500 closed UP by 0.20%, while the DJIA closed DOWN by 0.20%.

Explain how it is possible for one proxy (S&P 500) to have a positive return while the other (DJIA) has a negative return on any given day. Include in your explanation some names that could have caused this discrepancy. Which return (S&P 500 or DJIA) is more indicative of the 'true market return'?

To facilitate your analysis, please refer to the link below that shows the components of the S&P 500 and DJIA.  Hint: Recall the S&P 500 contains the largest 500 US companies where the weight of each name is proportional to its market value. The DJIA is a price-weighted index comprised of select 30 names representing certain industries.

1)

TRUE or FALSE. Small volumes of air resonate to a higher frequency.

TRUE or FALSE. Large volumes of air resonate to a higher frequency.

TRUE or FALSE. Resonance initiates the vibration.

2A. What is the natural frequency of a female who’s vocal tract is 15cm long, closed at one end and opened at the other.

B. What is the second harmonic in question A:

c. Would the frequency change if both ends were closed with a vocal tract of 15cm? if so what would it be: (1) 11.46 (2) 573.3 (3) 1146.6 (4) 5.73 The pitch of a 4.5kHz tone= 2259 mels, which is 4500 Hz. (2 points)

3) Refer to the 50 phon line, and rank the following frequencies: 100Hz, 2000Hz, 7000Hz, and 10,000Hz beginning with the most sensitive frequency (least amount of intensity) to the least sensitive (most amount of intensity). (2 points)

100Hz___________dB

2000Hz___________dB

7000Hz__________dB

40Hz_________dB

a. all Hypothesis Tests must include all four steps, clearly labeled;

b. all Confidence Intervals must include all output as well as the CI itself

c. include which calculator function you used for each problem.

2. An experiment was done to see whether open-book tests make a difference. A calculus class of 48 students agreed to be randomly assigned by the draw of cards to take a quiz either by open-notes or closed-notes. The quiz consisted of 30 integration problems of varying difficulty. Students were to do as many as possible in 30 minutes. The 24 students taking the exam closed-notes got an average of 15 problems correct with a standard deviation of 2.5. The open-notes crowd got an average of 12.5 correct with a standard deviation of 3.5. Assume that the populations are approximately normal. At the 5% significance level, does this data suggest that differences exist in the mean scores between the two methods?

A futures market is a central financial exchange where people can trade standardized futures contracts. A futures exchange provides physical or electronic trading venues, which can be organized as non-profit member-owned organizations or for-profit organizations. Futures exchanges can also be integrated under other types of exchanges, such as stock markets, options markets and bond markets.

Futures contracts are sometimes used by corporations and investors as a hedging strategy. Hedging refers to a range of investment strategies that are meant to decrease the risk experienced by investors and corporations.

Questions;

The futures market is referred to as an auction market, whereby producers and suppliers of commodities endeavour to avoid market volatility; in other words, producers and suppliers negotiate contracts with an investor who agrees to take on probable risk and reward, based on the expected volatility of the market.

1. Critically discuss the theoretical concept of futures contracts as a risk management tool, used by any would be investor to decrease future risk exposure or market volatility.                                                                                                                              

2. Review   and discuss the collapse of the Futures Oil Market, which   fell into the negative realm in May 2020.                                                                                      

What were the main reasons for this fall into the negative realm? Critically discuss.

Total 35 marks

3. After May 2020, what are the prospects of futures contracts as a significant risk management tool for firms? Discuss critically.

Broad bank has received a banking license from the BDDK ( Banking regulation and Supervision Agency in Turkey) in May 2020 and will begin operating as a new bank in the deposit banking market in early 2021. Broad bank With the approval of the board of directors, you started to work as the deputy general manager responsible for the strategy as of June 01, 2020. General Manager Mr. Murat said at the meeting on the day after you started working: “First of all, I congratulate you for your new job and I believe that it will make a difference with your experience and experience. Obviously, our stakeholders have great expectations about Broad Bank; especially in the first few years, we need to achieve a successful market share in the national market. For this, we should use our resources effectively. What kind of resource use strategy do you think we should follow? ”
• First, describe what the basic skill is, why it matters, and what the basic skill can count, what cannot be counted?
• Write a few (hypothetically) examples of Broad Bank's assets, abilities and basic skills?
• Then explain what outsourcing is and what it does?
• In which areas do you suggest outsourcing to Mr. Murat for Broad Bank? Why?

1. Alpha Ltd has appointed you as a manager in the budgeting department. The company has provided the following information to prepare a cash flow budget for the six months from the 1 January 2021 to 30 June 2021.

1. Alpha Ltd produces only one type of product and the projected selling price of the product is £2 for January and February and after that will be fixed at £3 for the foreseeable future.    
2. For the first three months of the year, 2,000 units will be sold per month. For the following three months, 2,500 units will be sold per month. Sales income is to be received in the month of sale.
3. Insurance costs are £200 every two months. The company will pay for insurance on 1 December 2020.
4. The company is paying 20% of sales of each month as bonus to the employees in the following month. The total sales during December 2020 will be £5,000.
5. Alpha Ltd will pay overhead costs of £2,000 each month.
6. The opening cash balance at 1 January 2021 will be £1,000.
7. The monthly cost of direct material and direct labour is estimated to be £500 and the company will pay them during each month.
8. Fixed costs of production are £100 per month, payable in the month.

1. Prepare a cash flow budget for the period 1 January 2021 to 30 June 2021 and indicate the closing balance as at 30 June 2021.

Nasi Ambeng Bagelen (NAB) in Putrajaya is a well-known restaurant that serves rice and delicacies from the original Javanese cuisine. Its well-known delicious menu makes it very popular. Due to its increasing popularity, the owner of NAB provides 100 packs of RM8 per pack of Nasi Ambeng every day to Newsagent KL Sentral in an effort to reach wider customers. On 30 th April 2020, Newsagent KL Sentral reported to NAB that two thirds of the total pack for a month’s sale had been sold. The transportation cost to deliver packed nasi ambeng from Putrajaya to Newsagent KL Sentral is RM80 daily. Newsagent KL Sentral is to remit cash to NAB after deducting a 6% commission, the costs of advertising of RM350 and RM400 to dispose the unsold nasi ambeng to every day to a food disposal centre which will be recycling the food in an environmentally friendly way.

Required:

i) Discuss the performance obligations of NAB as indicated in the above and the point in which the performance obligations are satisfied and the revenue is recognized?

ii) Compute the amount of cash to be remitted by Newsagent KL Sentral?

iii) Prepare the journal entries in the books of NAB and Newsagent KL Sentral to record the remittance of cash on 30th April 2020?

Question 1 Provisions and Contingencies                                                     

Below are three independent situations.

1. ABC Ltd is a manufacturer of boats and gives warranties at the time of sale to purchasers of its boats. Pursuant to the warranty terms, ABC Ltd undertakes to make good, by repair or replacement, manufacturing defects that become apparent within three years from the date of sale.
2. ABC Ltd has a number of non-current assets, some of which require, in addition to normal ongoing maintenance, substantial expenditure on major refits/refurbishment at certain intervals or on major components that require replacement at regular intervals.
3. XYZ Ltd is a listed company that provides food to functional centres that host events such as wedding and engagement parties. After an engagement party held by one of XYZ Ltd’s customers in May 2020, 50 people became ill, possibly as a results of food poisoning from products sold by XYZ Ltd. Legal proceedings were commenced seeking damages from XYZ Ltd. XYZ Ltd disputed liability by claiming that the functional centre was at fault for handling the food incorrectly. Up to the date of 30 June 2020 (financial year-end), XYZ Ltd’s lawyers advise that it was probable that XYZ Ltd would not be found liable.

REQUIRED:

Should a liability in the form of a provision be recorded? Briefly justify your decisions.