Jetta production cost in 2002 and 2003 was 14,000 Euro per Jetta. Jetta sold in US at $15,000 in 2002 and 2003. Forward hedge exchange rate was 1 $/Euro in 2003. Rate without hedge (i.e. market exchange rate) was 1.25$/Euro in 2003. If 12,000 Jetta were sold in US, in 2003, by 60% forward hedge and 40% not hedged. What would be profits or loss from sales of 12,000 Jetta in US?  

Loss of 2.4 million Euro.

Profit of 1.8 million Euro.

Loss of 2.8 million Euro

Profit of 1.2 million Euro.

Cary Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, and ships them to its chain of retail stores. Sales for 2002 were $450 million. They are forecasted to increase to $500 million in 2003. Additional information and relevant financial ratios are given below:

Minimum cash balance required: $1.8 million

Average collection period (accounts receivable/sales/365): 60 days

Inventory turnover (COGS/inventory): 3.18

Net fixed assets: Current level of $216 million. The firm expects to acquire new plant and equipment worth $8 million in 2003.

Accounts payable: 4% annual sales

LT debt: existing LT debt is $110 million out of which the company expects to repay $15 million in 2003

Common stock: expected to remain constant at its 2002 level of $120 million.

COGS: 70% of sales

Depreciation: annual depreciation for 2003 expected to be $15 million

Net profit margin: 6% of projected sales in 2003

Dividends: expected to be 40% of net income.

Retained earnings at end of 2002: 130 million

1. Based on the information given above, forecast the income statement for year ended December 31, 2003
2. Based on the information given above, and your estimate of retained earnings  from part (a), forecast the pro forma balance sheet as of December 31, 2003. Assume that any additional funds requirement will be met by notes payable. The firm does not have any note payable at end of 2002.

In 1995, a random sample of 100 adults that had investments in the stock market found that only 20 said they were investing for the long haul rather than to make quick profits. A simple random sample of 100 adults that had investments in the stock market in 2002 found that 36 were investing for the long haul rather than to make quick profits. Let p1995 and p2002 be the actual proportion of all adults with investments in the stock market in 1995 and in 2002, respectively, that were investing for the long haul.

a. What are the 1995 and 2002 estimated proportions of all adults with long haul investments in the stock market?

b. State the null and alternative hypotheses if the researcher is interested to see if nothing changed when it comes to the proportions of adults investing for the long haul between 1995 and 2002. 6

c. Conduct the hypothesis test from point b. at α=0.05 and formulate the conclusion using the observed vs critical value method.

d. State the null and alternative hypotheses for the case in which the researcher wants to test if the proportion of adults investing for the long haul increase over time. e. Conduct the hypothesis test from point d. at α=0.05 using the p-value method.

f. Construct the 95% confidence interval for the difference in proportions associated with the hypothesis test from b.

g. What is the margin of error for a 97% confidence interval for the difference in proportions associated with the hypothesis test from b? How does.it compare with the margin of error from point f. Explain the differences.

Religion class:

It can be argued that Eastern Christianity, Wester Christianity, and postcolonial Christianity offer three different models for understanding the relationship between church and state and the relation of Christianity to the non-Christian world: a Constantinian model, an Augustinian model, and a diaspora model. Explain these models, and identify their strengths and weaknesses.

A central air conditioning unit was installed on January 1, 2000 at an initial cost of
P650,000 and was expected to have a salvage value of P50,000 after a life of 7 years. a.
What amount of depreciation had accumulated in a sum-of-the-years’-digit method at the
end of 2003? b. Using the declining balance method, determine the depreciation charged
for 2004 and the book value at the end of 2004. c. If the equipment was sold on Jan 1,
2005 for P100,000, what amount of loss would result from this sale if sinking fund method
was being used with interest of 12% per year?

Show a complete and logical solution

Shown here are Caterpillar's annual global sales and revenue streams for the years 2004 through 2014. By observing the data graphically and analyzing the data statistically using techniques and concepts from this chapter (forecasting trend line, etc.), share your insights and conclusions about Caterpillar's annual global sales and revenue streams over this period of time.

An Analyst wants to know if there was a significance difference in the average of hours worked in a week from 2000 (Group 1) to 2004 (Group 2). He gathers all the data from the General Social Survey, and lists the following summary statistics from the sampling.

Source: General Social Survey (sda.berkeley.edu )

What is the correct null hypothesis?

Ho: mu2004-mu2000 < 0

Ho: mu2004-mu2000 does not equal 0

Ho: mu2000-mu2004 > 0

Ho: mu2004-mu2000 = 0