Each of the following, tell how it shifts demand and/or suppply of Euros on foreign exchange markets.
A. US investors want to diversify by buying more Euopean stocks and bonds.
B. US cars become more popular in Euope, so Europeans buy more US Cars.
C. Because of a rise in US interest rates, both US and European Investors want to buy more US bonds and fewer European bonds
D. Because of a fall in US Interest rates, both US investors and European Investors want to buy fewer US Bonds and more European Bonds.
In: Economics
Q1. Do you think that company should use the standardized strategy(Marketing) or not? what case they should use and when they not?
Q2. Will the Globalization will be affected in a negative way(reducing than now) when there is a current situation like
(1) Corona virus pandemic(2020)
(2) World financial crisis(2007-2008)
In: Economics
You registered your logo under the Trade Marks Act in May 1998. You are still setting up your business and have yet to use it. In January 2020,you discover that another company has started using the exact same trademark.Is there anything you cando about it?If so, what? If not, why not?
In: Operations Management
Antioch Company makes eBook readers. The company had the following amounts at the beginning of 2018: Cash, $660,000; Raw Materials Inventory, $67,000; Work in Process Inventory, $35,000; Finished Goods Inventory, $47,000; Common Stock, $590,000; and Retained Earnings, $219,000. Antioch experienced the following accounting events during 2018. Other than the adjusting entries for depreciation, assume that all transactions are cash transactions.
Paid $64,000 for raw materials that will be used to make eBook readers.
Placed $98,000 of the raw materials cost into the process of manufacturing eBook readers.
Paid $69,000 for salaries of selling and administrative employees.
Paid $102,000 for wages of production workers.
Paid $66,000 to purchase equipment used in selling and administrative offices.
Recognized depreciation on the office equipment. The equipment was acquired on January 1, 2018. It has a $16,000 salvage value and a five-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($66,000 – $16,000) ÷ 5 = $10,000.
Paid $157,000 to purchase manufacturing equipment.
Recognized depreciation on the manufacturing equipment. The equipment was acquired on January 1, 2018. It has a $21,000 salvage value and a eight-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($157,000 – $21,000) ÷ 8 = $17,000.
Paid $54,000 for rent and utility costs on the manufacturing facility.
Paid $77,000 for inventory holding expenses for completed eBook readers (rental of warehouse space, salaries of warehouse personnel, and other general storage cost).
Completed and transferred eBook readers that had total cost of $255,000 from work in process inventory to finished goods.
Sold 820 eBook readers for $421,000.
It cost Antioch $155,800 to make the eBook readers sold in Event 13.
In: Accounting
Please read case and answer questions thank you.
Etsy is more than a marketplace: it’s a community of artists, creators, collectors, thinkers and doers. This e-commerce Web site focuses on handmade or vintage items as well as art and craft supplies, including art, photography, clothing, jewelry, edibles, bath & beauty products, quilts, knick-knacks, and toys. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of $0.20 plus a sales commission of 3.5% for each item. Etsy has been described as “a crafty cross betweenAmazon and eBay,” “your grandma’s basement,” and as “one of the largest, most chaotic flea markets the world has ever known.”Etsy says its mission is to empower people to change the way the global economy works, to bring heart to commerce, and make the world more fair, more sustainable, and more fun.Etsy is headquartered in Brooklyn, New York, and also has offices in Hudson, New York, San Francisco, California, as well as international offices in Berlin, Dublin, London, Melbourne, Paris, and Toronto. The Hudson, New York location is an old cannonball factory housing Etsy’s call center and Web site design facilities.Etsy’s head office in Brooklyn houses the company’s technology, customer support, public relations, business, and communications teams as well as “Etsy Labs,” where employees can experiment with handmade projects themselves. It also features a Monday craft night where Etsy Labs is open to the public.In 2016, Etsy has over 800 employees and 24 million active buyers. About 1.6 million active shops sell on Etsy, and in 2015, these sellers moved $2.39 billion worth of merchandise. Etsy offers multiple options for paying for items, including credit card, money order, and PayPal.Very few of these sellers make a living solely through Etsy, but according to Etsy’s 2014 Seller Survey, 76% of sellers in the US consider their Etsy store to be a business, and a third of respondents said they were focusing on their Etsy store as their primary job.Etsy requires that all new products listed on the site be made by the people selling them—the use of mass production is prohibited. Etsy has made it possible for a lot of small businesses to get off the ground. According to Etsy, about 30% of Etsy entrepreneurs sell creative goods as their sole occupation, while around 45% use their earnings to cover household expense.Meanwhile, the site has been adding features at a furious pace. For instance, Etsy now provides social networking functions similar to those of Facebook that allow users to make friends with other Etsy members and keep track of their friends’ favorite shops and purchases. There’s also a gift service, which looks at the Facebook profiles of your friends and suggests items they might like, and something called Taste Test, which asks you to rate a smattering of random items and then suggests things to buy. You are invited, of course, to share the recommendations with your friends on Facebook and Twitter and with other Etsy members.Etsy’s founder and former CEO Rob Kalin hopes that these moves will make it easier for buyers to discover new products, but he also sees the new emphasis on social networking as part of a deepening of Etsy’s mission that goes beyond buying and selling. Etsy is also committed to its core values of craftsmanship, transparency, and responsibility. In 2016, Etsy became the first U.S. company to change its standing to a Certified B Corporation after going public in 2015. B Corporation certification requires the company to maintain a high level of social and environmental sustainability as well as transparency to the public with every aspect of their business.
1.What is Etsy’s business model and revenue model?
2.How important is “community” at Etsy? Visit Etsy’s website and describe its community-building features.
3.Visit the Help page on Etsy’s website and do a search on SEO to learn about search engine optimization. What tips does Etsy offer to sellers about this topic?
In: Operations Management
The average starting salary of this year’s graduates of a large university (LU) is $55,000 with a standard deviation of $4,000. Furthermore, it is known that the starting salaries are normally distributed.
What is the probability that a randomly selected LU
graduate will have a starting salary of at least $52,700?
Individuals with starting salaries of less than $45,00
receive a free class. What percentage of the graduates will receive
the free class?
What percent of graduates will have their salaries one
standard deviation from the mean?
What is the range of salaries that are one standard
deviation from the mean?
In: Statistics and Probability
(a) In compensating a senior executive like the CEO of a firm, is there a difference between giving them stock options as opposed to a bonus based on achieving a specific profit level or achieving a specific stock price?
(b) Is either option a more effective incentive in solving the owner-manager principal-agent problem. Please explain.
(c) Why do many firms choose to give their CEOs stock options rather than bonuses? Please explain.
In: Economics
You are a social worker in an OBGYN department of a hospital. The CEO of the hospital has asked you to write a report about the length of time that women spend in the hospital after giving birth. The CEO has told you that in the thinks that insured women spend longer on average in the hospital than uninsured women after childbirth. She wants you to test this claim with data from your hospital. Two samples of 16 women were taken. Test the claim that insured women spend longer in the hospital than uninsured women using an α = .01.
Insured:
Mean = 2.3 days
Standard Deviation = 0.77
Sample Size = 16
Uninsured:
Mean = 1.9 days
Standard Deviation = 0.77
Sample Size = 16
To complete this lab exercise, you should:
Identify whether you will test this claim using a 1-tailed hypothesis or a 2-tailed hypothesis.
State the Null and Research Hypotheses
Find the Critical Value using the T-Table and interpret what you will do with the null hypothesis given that Critical Value
Identify the Correct Degrees of Freedom you’ll use
HAND CALCULATE the t-value. Show your work. Start with the formula and then plug in the correct values from there.
Make a decision regarding the null. Interpret your decision with regard to this question.
Find the p-value range for the hypothesis test using your test statistic and the t-table.
BY HAND, construct a 98% Confidence Interval for the difference between insured and uninsured women. What does this confidence interval tell you?
What are your overall conclusions? Is the confidence interval interpretation consistent with your interpretation from the t-test?
In: Math
Fork Motor Company is an automobile manufacturer operating in the US.
It has divided its market into three regions and has built three regional distribution centers (RDC) to serve these markets. The RDCs are located in California, Florida and Texas.
The annual demand at each regional distribution center is estimated as follows and the company wants to meet all the demand.
- RDC – California: 1.5M automobiles (i.e., 1.5 million)
- RDC – Florida: 0.5M automobiles
- RDC – Texas: 1M automobiles
Fork Motor has two plants in Michigan and Nevada and wants to distribute the automobiles to the RDCs at the lowest cost. So they need to decide how many cars to ship from each of the plants to each of the RDCs to achieve minimum cost. You are asked to model and solve this allocation problem.
Below, you are given the shipping distance between Fork Motor’s facilities in miles.
|
Plant – Michigan |
Plant – Nevada |
|
|
RDC – California |
2000 |
300 |
|
RDC – Florida |
1000 |
1300 |
|
RDC – Texas |
1200 |
800 |
The head of supply chain informs you that you need to consider the capacity limits of the plants. The Michigan plant is much larger than the one in Nevada. He adds that the capacity limits are as follows:
- Plant – Michigan: 2.5M
- Plant – Nevada: 0.7M
The company estimates that transportation of each car will cost 8.53 dollars per mile.
What is the minimum cost of shipping cars to RDCs in million dollars?
In: Accounting
A company has the investment opportunities. The following table of results gives us data related to each of them. Using the expected value techniques, the standard deviation and the coefficient of variation determine which of them the company should select
Inversion # 1 Inversion # 2
|
|
P |
Results |
VE |
States of Nature Economic |
P |
Results |
VE |
|
Bonanza |
.30 |
5,000 |
Bonanza |
.30 |
4,000 |
||
|
Normal |
.50 |
2,000 |
Normal |
.50 |
2,000 |
||
|
|
.20 |
1,000 |
Recession |
.20 |
1,500 |
||
|
VE |
VE |
In: Economics