After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component of successful Lean implementation is teamwork. A case could be made that Lean systems work better in some cultures than in others, depending how that culture values the collective. In essence, it comes down to Teamwork vs. Autonomy. For example, you could make a statement that Toyota is very good at Lean systems because Japanese culture traditionally values the collective over the individual. Think about a culture that you are familiar with and give your opinion on if you think that a Lean System would fair well there and why. A culture could be from a company, school, city, state, country, region, etc. I'm interested in what you think and your opinion here, so have some fun with the topic while being sensitive to all cultures and viewpoints.
In: Operations Management
1.. You expect to receive $500 in five years from an investment.
What is this investment worth today if the effective annual interest rate is 12%?
(Round to the nearest cent and do not enter the dollar sign)
2..If $300 is invested at a 4% interest rate, how much compound interest will be earned in 4 years?
(Round to the nearest cent and do not enter the dollar sign)
In: Finance
A person deposits $12,000 per year for 5 years, with the first deposit made one year from the present. One year after the last deposit, the person makes continuous withdrawals of $2,000 for the next 15 years. Find the effective annual ERR being earned on this investment.
Thank you very much to whomever can give me the solution and answer! ?
In: Economics
Suppose, instead, Justin deposits 100 into a savings account, paying nominal interest rate i (2) = 2%, at the beginning of each half year for 10 years. The interest earned from this account can be withdrawn at the end of each year and reinvested into another account earning AEIR 4%. Find the accumulated value of his holdings (in both accounts) at the end of 10 years.
In: Finance
Alice purchases 500 shares of common stock from GEO Corporation for $34.80 per share. She keeps the stock for two years, and then sells all 500 shares for $42.50 per share. She earned dividends of $1.50 per share during last year. Please let me know the Rate of Return for her investment, then the Average Annual Rate of Return.
In: Finance
You deposited $50,000 in your mutual fund account today. You make no more deposits into your account, but 12 years from today your mutual fund account balance is $200,000. What annually compounded rate of return have you earned on your mutual fund over this time period? Enter your answer rounded to two decimal places.
In: Finance
Suppose the Payroll tax reduction for middle-income households has been extended in the amount of $500 billion for the remainder of 2020 to recover from COVID-19 crisis. Assuming the MPC for that income group of households is 0.8 and also assuming that other things stay the same, the increase in GDP under this proposed extension of tax break is expected to increase by (ΔY) _______
1) The Economy cannot be considered fully employed unless the measured unemployment rate is below 1%. Agree or disagree and explain your answer in a paragraph. What is the current actual u-rate for the US economy as of September Data for 2020? Is this unemployment rate below or above or equal to u-rate at full employment (usually called natural rate of unemployment or NAIRU)? What state of the economy do you consider from this u-rate for Sep 2020 (recession, depression or inflation?) and its sources?
2) A) Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate (NAIRU) and remained at that low level for a year or longer? Explain your answer in a few sentences.
B) Draw an AS/AD diagram illustrating your answer to part (A) and refer to the current state of the economy of the US to compare in this context. Be sure to label all lines and axes in your diagram clearly. 2pts 3) Suppose between Q1, 2018 and Q4, 2019 measured Output in the non- farm business sector increased by 3.6%. During this time period the unemployment rate fell from 4.6% to 3.7% and total hours worked in the nonfarm business sector increased by 3.8%. What was the % rate of change in labor productivity over this period (Q1 2018 and Q2 2020)? Explain your answer briefly. (Hint: Labor productivity = Y/Labor hours; RGDP growth rate = Labor productivity growth plus and Labor Force Growth rate. No need to use u-rate changes for this question)
4) a. The Federal Government distributed a recovery relief fund to all households with $600 for all individuals filing and $1,200 for all households filing jointly and $500 for each children in each household. This was part of the $2.2 Trillion stimulus package under CARES Act of March 2020 that also included employee job protection plan for small business owners and restaurants, travel related businesses, unemployment insurances and households with no taxes filed. What would be the overall impact on AD of this recovery relief fund caused by COVID19 public health crisis and its effect on change in real GDP? Assume that the Marginal Propensity to Consume (MPC) for all American consumers is 0.8 in March 2020. Explain your answer briefly as well in your own words. Make sure you use your understanding of the concept of expenditure multiplier in estimating this problem.
4) b. Trump’s imposition of $260 billion tariff in the Month of May 2019 (taxes on imports to the US Market) on Chinese exports to the US has caused a global tension in financial markets and related business activities. In retaliation of Trump’s tariff, China also imposed almost similar amount of tariff on US exports to China about $200 billon. In response to this trade war between the US and China, the US stock price indices of the Wall Street plummeted in May and June 2019. Th stock market in Shanghai in China also crashed at the same time. The data on new job for the US economy in May showed a very slow rate of job creation at the same time. Given this scenario from the US-China trade war and given your knowledge on macro model of AD an AS, do you think the the retaliation of China in response to Trump’s Tariff would have a negative impact on the US economy in near future? Give your reason in your opinion as to why or why not the case.
In: Economics
The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years:
| Current Year | Previous Year | |||
| Accounts payable | $360,000 | $110,000 | ||
| Current maturities of serial bonds payable | 240,000 | 240,000 | ||
| Serial bonds payable, 10% | 1,020,000 | 1,260,000 | ||
| Common stock, $1 par value | 60,000 | 70,000 | ||
| Paid-in capital in excess of par | 590,000 | 600,000 | ||
| Retained earnings | 2,050,000 | 1,630,000 | ||
The income before income tax was $415,800 and $363,800 for the current and previous years, respectively.
a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place.
| Current year | |
| Previous year |
b. Determine the times interest earned ratio for both years. Round to one decimal place.
| Current year | |
| Previous year |
c. The ratio of liabilities to stockholders' equity has___ and the times interest earned ratio has___ from the previous year. These results are the combined result of a___ income before income taxes and___ interest expense in the current year compared to the previous year.
In: Accounting
The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years:
| Current Year |
Previous Year |
|||
| Accounts payable | $918,000 | $217,000 | ||
| Current maturities of serial bonds payable | 540,000 | 540,000 | ||
| Serial bonds payable, 10% | 2,150,000 | 2,690,000 | ||
| Common stock, $1 par value | 90,000 | 110,000 | ||
| Paid-in capital in excess of par | 990,000 | 1,000,000 | ||
| Retained earnings | 3,430,000 | 2,720,000 | ||
The income before income tax expense was $941,500 and $823,800 for the current and previous years, respectively.
a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place.
| Current year | |
| Previous year |
b. Determine the times interest earned ratio for both years. Round to one decimal place.
| Current year | |
| Previous year |
c. The ratio of liabilities to stockholders' equity has................ and the number of times bond interest charges were earned has................... from the previous year. These results are the combined result of a..................... income before income taxes and....................... interest expense in the current year compared to the previous year.
In: Accounting
On 1st January 2020 Tom Shanks started trading as Shanks Real Estate, and completed the following transactions regarding the business in the first month:
Without making any adjustments, prepare a Balance Sheet for Shanks Real Estate as at 31st January 2020 (use the format of Exhibit 4.22 p.168).
In: Accounting