Macy’s purchases model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co and sells them to consumers in 185 store locations across 35 U.S. states. Levis Straus & Co’s cost-of-goods-sold for each pair of these model 505 straight-leg, blank ink denim jeans for women is $21.85. Levis Straus & Co sells these model 505 jeans to Macy’s for $34.50 each. Macy’s in-turn sells each pair of these jeans to consumers for a suggested retail price of $58.49.

What is Macy’s mark-up, is $US dollars and %, on each pair of model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co sold at the suggested retail price? Assume Macy’s includes model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co in the end-of-year sale (November 1st to December 31st) when every item in the store is discounted by 17.5% off the suggested retail price.

What is the discounted price Macy’s customers will pay for model 505 straight-leg, blank ink denim jeans for women from Levis Straus & Co? What is Macy's revised Mark-Up % after applying the 17.5% discount? Assume Macy’s sells-through a quantity of 21,333 model 505 straight-leg, blank ink denim jeans for women at the discounted price during the end-of-year sale.

What is the total revenue and, separately, gross margin in $US dollars, for Levis Straus & Co?

What is the total revenue and, separately, mark-up in $US dollars, for Macy’s?

The following items were selected from among the transactions completed by Pioneer Co. during the current year: Mar. 1 Purchased merchandise on account from Galston Co., $390,000, terms n/30. 31 Issued a 30-day, 10% note for $390,000 to Galston Co., on account. Apr. 30 Paid Galston Co. the amount owed on the note of March 31. Jun. 1 Borrowed $156,000 from Pilati Bank, issuing a 45-day, 8% note. Jul. 1 Purchased tools by issuing a $216,000, 60-day note to Zegna Co., which discounted the note at the rate of 6%. 16 Paid Pilati Bank the interest due on the note of June 1 and renewed the loan by issuing a new 30-day, 6.5% note for $156,000. (Journalize both the debit and credit to the notes payable account.) Aug. 15 Paid Pilati Bank the amount due on the note of July 16. 30 Paid Zegna Co. the amount due on the note of July 1. Dec. 1 Purchased office equipment from Taylor Co. for $500,000, paying $150,000 and issuing a series of ten 8% notes for $35,000 each, coming due at 30-day intervals. 22 Settled a product liability lawsuit with a customer for $310,000, payable in January. Pioneer accrued the loss in a litigation claims payable account. 31 Paid the amount due Taylor Co. on the first note in the series issued on December 1. Required: 1. Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. Round your answers to the nearest dollar. 2. Journalize the adjusting entry for each of the following accrued expenses at the end of the current year (refer to the Chart of Accounts for exact wording of account titles): A. Product warranty cost, $25,500. B. Interest on the nine remaining notes owed to Taylor Co. Assume a 360-day year.

1. Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year. Scroll down to access page 12 of the journal. Round your answers to the nearest dollar.

PAGE 11

JOURNAL

PAGE 12

JOURNAL

Delta Company, a U.S. MNC, is contemplating making a foreign capital expenditure in South Africa. The initial cost of the project is ZAR10,000. The annual cash flows over the five-year economic life of the project in ZAR are estimated to be 3,000, 4,000, 5,000, 6,000, and 7,000. The parent firm’s cost of capital in dollars is 9.5 percent. Long-run inflation is forecasted to be 3 percent per annum in the United States and 7 percent in South Africa. The current spot foreign exchange rate is ZAR/USD = 3.75. Determine the NPV for the project in USD by:

a.Calculating the NPV in ZAR using the ZAR equivalent cost of capital according to the Fisher effect and then converting to USD at the current spot rate.

b.Converting all cash flows from ZAR to USD at purchasing power parity forecasted exchange rates and then calculating the NPV at the dollar cost of capital.

c.Are the two dollar NPVs different or the same? Explain.

d.What is the NPV in dollars if the actual pattern of ZAR/USD exchange rates is: S(0) = 3.75, S(1) = 5.7, S(2) = 6.7, S(3) = 7.2, S(4) = 7.7, and S(5) = 8.2?

1. An army recruit is on a training exercise and instructed to walk due west for 8 km,
then in a north-easterly direction for 4 mi, and finally due north for 15,840 ft. How far
will he be from where he started?
2. A tittle turtle is placed at the origin of an xy grid drawn on a large sheet of paper.
Each grid box is 1.0 cm by 1.0 cm. The turtle walks around for a while and finally
ends up at point (24, 10), that is, 24 boxes along the x-axis, and 10 boxes along the
y-axis. Determine the displacement of the turtle from the origin at the point.
3. A bug starts at point A, crawls 8.0 cm east, then 5.0 cm south, 3.0 cm west, and 4.0
cm north to point B. (a) How far north and east is B from A? (b) Find the
displacement from A to B both graphically and algebraically.
4. A woman jogs 4.2 km east and then 2.9 km south at a speed of 8.0 km/h. How much
time would she have saved if she had jogged directly to her destination?

5. [20 marks] (TestRobot.java) Design a class named Robot. The Robot class has three private data fields: position x, position y, and the direction (east, south, west, and north). Assume that positive x points to the east and positive y points to the south, and initially x = 0, y = 0, direction = "east".

Create a no-arg constructor and another constructor which sets the three data fields. Create the accessors and mutators for the three data fields.

Create a method named forward that moves the robot along the current direction for the given distance. For example, if the robot is currently facing east, forward(10) will move the robot along the positive x direction for 10 pixels.

In the main method, create a Robot object, move it to the east for 20 pixels, then set the direction to north and move 30 pixels, and finally set the direction to west and move 40 pixels. Find and display the final x and y values and the direction of robot by calling its methods. For example, for the sample testing above, your program should display x = -20, y = -30, and direction = west.

5. [20 marks] (TestRobot.java) Design a class named Robot. The Robot class has three private data fields: position x, position y, and the direction (east, south, west, and north). Assume that positive x points to the east and positive y points to the south, and initially x = 0, y = 0, direction = "east".

Create a no-arg constructor and another constructor which sets the three data fields. Create the accessors and mutators for the three data fields.

Create a method named forward that moves the robot along the current direction for the given distance. For example, if the robot is currently facing east, forward(10) will move the robot along the positive x direction for 10 pixels.

In the main method, create a Robot object, move it to the east for 20 pixels, then set the direction to north and move 30 pixels, and finally set the direction to west and move 40 pixels. Find and display the final x and y values and the direction of robot by calling its methods. For example, for the sample testing above, your program should display x = -20, y = -30, and direction = west.

5. [20 marks] (TestRobot.java) Design a class named Robot. The Robot class has three private data fields: position x, position y, and the direction number (0 for east, 1 for south, 2 for west, and 3 for north). Assume that positive x points to the east and positive y points to the south, and initially x = 0, y = 0, direction = 0. Create a no-arg constructor and another constructor which sets the three data fields. Create the accessors and mutators for the three data fields. Create a method named forward that moves the robot along the current direction for the given distance. For example, if the robot is currently facing east, forward(10) will move the robot along the positive x direction for 10 pixels. In the main method, create a Robot object, move it to the east for 20 pixels, then set the direction to north and move 30 pixels, and finally set the direction to west and move 40 pixels. Find and display the final x and y values and the direction of the robot by calling its methods. For example, for the sample testing above, your program should display x = -20, y = -30, and direction = 2.

​(a) Construct a​ 95% confidence interval for the proportion of adults from the

WestWest

who say traffic congestion is a serious problem.The​ 95% confidence interval for the proportion of adults from the

WestWest

who say traffic congestion is a serious problem is

​(nothing​,nothing​).

​(Round to three decimal places as​ needed.)

​(b) Construct a​ 95% confidence interval for the proportion of adults from the

SouthSouth

who say traffic congestion is a serious problem. The​ 95% confidence interval for the proportion of adults from the

SouthSouth

who say traffic congestion is a serious problem is

​(nothing​,nothing​).

​(Round to three decimal places as​ needed.)

1. A commercial airliner is flying at 450 mph, 20° east of north, relative to the surrounding air. The surrounding air though is blowing at 90 mph, 40° south of east, relative to the ground. The relative humidity of the air is 70%. How fast is the airliner flying relative to the ground, and in what direction?

2. Kenny and Cartman are playing paintball blindfolded. They are initially standing back-to-back, facing away from each other. Treat it as if they are standing on exactly the same spot. Kenny then runs 8 meters due west. Meanwhile, Cartman runs 2 meters due east, turns left, and runs 6 meters 30° east of north. They then turn around and start shooting paintballs. Of course, they are both blindfolded, so they aren’t coming anywhere close to hitting each other. How far apart are they when they start shooting?

3. Cartman decides to cheat, and peaks through his blindfold to see where Kenny is. He then turns and aims at Kenny. What direction does he need to aim in to hit Kenny? (relative to the cardinal axes, i.e. something like 40° south of west)