Jamal and Chyna Gwynn

6.Your clients, Jamal and Chyna Gwynn, would like you to determine if they are on track to meet the education funding objective of their son Jarius. Jarius is currently 13 years of age. Jamal and Chyna have high hopes for Jarius’s future education. Use the following data to determine whether or not Jamal and Chyna need to save more to fund Jarius’s educational need.

•Combined federal and state marginal tax bracket: 29 percent

•After-tax rate of return before college: 7.90 percent

•Before-tax rate of return of 529 plan: 9.75 percent

•Rate of return on educational assets after college begins: 5 percent

•College expense inflation rate: 4 percent

•Year Jarius begins college: Age eighteen

•Number of years in college: four years

•Yearly cost of college today: $60,000

•After-tax assets earmarked for Jarius’s education: $25,000

•529 plan assets earmarked for Jarius’s education: $60,000

•After-tax educational annual savings: $0

•Annual tax-advantaged educational savings: $18,000

•Annual education savings growth rate: 3 percent

a.Approximately how much will Jamal and Chyna need (gross need) on Jarius’s first day of college?

b.After accounting for the future value of assets and savings, how much additional (if any) do Jamal and Chyna need on Jarius’s first day of college?

c.Based on your answer to the question above, how much must Jamal and Chyna save annually in the 529 plan to meet the educational saving goal?

d.If instead, Jamal and Chyna decide to save outside of a 529 plan or other tax-advantaged plan, how much must they save each year?

1) Citizens Bank offers 4.8% (APR) monthly compound interest on your deposit. If you deposit $200 today, what is your account balance after 5 years assuming no withdraw?

2)Use the following corporate tax rate table to answer the question:

Honey Donuts reported 2017 taxable income of $250,000.

How much is the firm's tax bill?

What is the average tax rate?

3)Given the following income statement data, calculate net income. sales = $2,500, cost of goods sold = $1,800, expenses, depreciation, and amortization = $200, interest expense = $50, average tax rate = 35%.

4)If current assets = $125, fixed assets = $300, long-term debt = $80, and shareholders' equity = $275, what is the value of current liabilities if it is the only other item on the balance sheet?

5)You are considering Massachusetts State Municipal Bond that is paying a yield of 10.08 %. You are in the 28 percent tax bracket. To match this after-tax yield, you would consider taxable securities (Corporate Bond) that pay at least what level of before-tax yield?

6)If corporate bond yields are at 7.8% and municipal bond yields are at 5.5%, at what federal income tax rate would you be indifferent between owning either of these bonds? (i.e., they will offer the same after tax yield to you) Ignore the impact of state and local taxes.

7)Your uncle has a personal income tax rate 35%. If his after tax return rate from General Electric bonds was 5.6% for year 2017, what must be the before tax return rate on the bond?

International Trade

1. For each of the following cases for limiting international trade, briefly explain the rationale for limiting trade and provide a possible counterargument supporting international trade.

1. National security requires that we produce strategically important goods ourselves.

2. Protection can help infant industries grow.

3. Trade shouldn’t be used to avoid environmental and safety regulations.

4. Foreign competition leads to job losses.

2. In 50-150 words, explain which arguments you find most compelling—the arguments against international trade or the arguments in favor of international trade.

Unemployment

1. Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.

1. After being laid-off from her job, Josephine Allen finds a new job.

2. John Church immediately began hunting for a job after his graduation in May 2020, but has had no success finding a job.

3. After a long unsuccessful job search, Alina Turk decides to move to Hawaii to live on the beach.

4. Jose Martinez quits his job to homeschool his children.

5. Olivia Nembrajhal celebrates her 16th birthday, but has no interest in working.

6. Joyful Freedman contracted the COVID-19 virus in her work as an emergency room physician and has been sick at home the past month.

2. In 50-150 words, explain why unemployment matters.

CONTINUING
CASE STUDY

UPDATED ON DECEMBER 5, 2019 BY ANDREW THOMPSON

Google LLC’s (formerly Google, Inc.) strategic choices directly relate with the nature of its
business and the characteristics of the industry. The company’s generic strategy is an
overarching influence on what the business does and its competitive advantages against
other firms in the online advertising market, such as Facebook Inc., Yahoo! (subsidiary of
Oath, which is a subsidiary of Verizon Communications, Inc.), Snap Inc. (Snapchat), Twitter
Inc., and Amazon.com Inc. On the other hand, Google’s intensive growth strategies help
support the company in keeping its position as one of the most valuable brands in the
world. For example, continuous improvement of products ensures that the business
maintains its share of the online market. Through its generic strategy, the company has
become a major player influencing the competitive landscape and development of the
online advertising industry, as well as other that depend on the Internet. The combination of
Google’s intensive strategies and its generic competitive strategy is effective in satisfying
the firm’s needs for continued business growth and leadership in the global industry.
Google LLC uses its generic strategy (based on Michael E. Porter’s model) to address the
external forces that influence the industry environment. These forces determine how the
business fulfills its goals. The Porter’s Five Forces analysis of Google LLC shows that the
competitive landscape imposes a strong force on the business. The company extensively
applies the intensive growth strategies of market penetration to ensure growth despite
competitive forces. The other strategies (market development, product development, and
diversification) also support the Google’s growth.
Google LLC’s Generic Competitive Strategy (Porter’s Model)
Google’s generic strategy, based on Michael Porter’s model, is differentiation. This generic
competitive strategy involves a broad market scope. The company offers products to
everyone around the world. The generic competitive strategy of differentiation involves
developing certain unique capabilities that make the business competitive. Google sets
itself apart from competitors through the uniqueness of its products. For example, such
uniqueness is achieved through innovation. Innovation adds to the competitive strengths
identified in the SWOT analysis of Google LLC. The increasing variety of products, inclusive
of Search, operating systems, desktop and mobile applications, and hardware, is a
manifestation of this innovation under the company’s differentiation generic strategy. The
Google Search algorithm also evolves over time to ensure competitive advantage against
Yahoo! and Bing, among others.
The generic strategy of differentiation means that Google LLC must maintain its competitive
advantage based on uniqueness. It is of critical importance for the firm to continue
innovating. A corresponding strategic objective is to develop new products or continue
improving existing products. In this way, Google will be able to keep its competitive
advantages in using the differentiation generic competitive strategy in the face of strong and
aggressive competition from other technology firms.
Google LLC’s Intensive Growth Strategies (Ansoff’s Matrix)
Market Penetration (Primary). Google primarily relies on market penetration as its
intensive growth strategy, especially outside the United States. The strategic objective is to
acquire more customers from the firm’s current markets. In the United States, the company
already has a leadership position. However, in other countries, such as China, Google
directly competes against other large search engines and online advertising firms. Thus, in
the market penetration intensive strategy for growth, the company continues to strive for a
bigger share of the global online advertising market. This intensive strategy determines how
Google uses its marketing mix or 4P to grow the business. Also, the generic strategy of
differentiation ensures competitive products that enable competitiveness in penetrating
markets and increase the company’s market share, especially in the market for online
platforms used for digital advertising.
Product Development (Secondary). The product development intensive strategy for
growth is applied as a secondary strategic approach through Google’s innovation. The
strategic objective is to develop products to increase revenues. Innovation is at the core of
the company, considering its technological nature. Google LLC’s organizational culture
promotes innovation among employees. This intensive growth strategy involves new
products or product lines, such when the company introduces new mobile apps. Also, the
business uses this intensive strategy to grow revenues when introducing new products like
Pixel smartphones, tablets and laptops. In addition, external factors such as those identified
in the PESTEL/PESTLE analysis of Google LLC help guide product development in this
case. The company continues to develop new products, such as cloud services, mobile
applications, and new Pixel devices. Through the intensive growth strategy of product
development, Google creates more channels for income generation. The differentiation
generic competitive strategy is integrated into product design and development processes
to support the company’s competitive advantage.
Market Development (Supporting). Google LLC also uses the market development
intensive strategy for growth. In market development, the company’s objective is to attract
customers in new market segments through new uses of current products. In this case of
Google, for example, this intensive growth strategy is applied by offering new uses of
current online services, such as in offering cloud services as new tools for application
programmers, in addition to current uses of the services. Thus, using the market
development intensive strategy for growth, Google aims to offer its products to more areas
worldwide. The differentiation generic competitive strategy provides the product
competitiveness needed to support the effective implementation of market development.
Diversification (Supporting). The diversification is used as a supporting intensive growth
strategy in Google’s business. The objective in this intensive strategy is to achieve growth
through new businesses, especially in other markets or industries where the company has
insignificant or absent operations. In this case, an example is Google’s 2006 acquisition of
Youtu*e to establish significant presence in the video hosting service market, and expand
the company’s online advertising presence. Any more to diversify the business affects
Google’s organizational structure. For instance, newly acquisitions require changes in the
company’s corporate structure to ensure seamless integration. The diversification intensive
strategy is supported through the company’s differentiation generic strategy, which ensures
competitive advantage in establishing or entering new businesses.
Strategic Analysis & Recommendation for Google LLC
Google’s generic strategy of differentiation, based on Michael E. Porter’s model, contributes
to the company’s leadership in the market. For example, highly effective services ensure a
leading share of the digital advertising market. Such leadership is important in satisfying
Google’s mission statement and vision statement. The combination of the intensive growth
strategies of market penetration, market development, and product development also
contributes to the capability of Google to maintain its leadership position, which in turn
empowers the company to maintain its financial viability.
A suitable recommendation for Google LLC is to focus its efforts, especially in the area of
product development. The company has been criticized for engaging in seemingly disparate
product development efforts in different industries and markets. Through its intensive
growth strategies and generic competitive strategy, Google’s wide variety of products helps
in building its dominance in the global market. However, to improve its strategic alignment,
Google can first focus on ensuring the profitability of more of its current products before
entering new businesses.

Question: Use a quantitative strategic planning matrix (QSPM) to objectively evaluate Google LLC’s generic competitive strategy and intensive growth strategies

Purpose

Review and reinforcement of pointers, dynamic memory allocation, pointer arithmetic, passing pointers to a function, returning a pointer by a function, dangling pointer, and memory deallocation, pointer initialization, and struct data type.

Project description

In this project, you will create a database of employees of an organization while meeting the requirements described below. Your program MUST NOT interact with the user to receive inputs, so that the instructor and/or the teaching assistant can save a big time in testing programs.

1. Construction of a Database of Employees

1. Employee

Employee is a struct data type that has the following attributes, or data members, or data fields

struct Employee {

string firstName;

string lastName;

int     SSN;

string department;

Role    role;

double salary;

};

The data type Role is defined as below.

enum Role {programmer, manager, director};

Define Employee.h and include the two data types above in the file. Role must be defined before Employee because Employee uses Role.

2. Create an array of employees (considered as a database) with the size of 5 by using one single dynamic memory allocation
3. Set the salaries of employees by defining and calling setSalaries() in which each employee is given a salary with a random number ranging from 45000 to 65000
4. Set the roles of employees by defining and setRoles() in which each employee is given a random role
5. In order to fill out other data members of each employee, you can do hardcoding or apply random number generator and/or string manipulation or any of your choice, as long as your program does not interact with the user.
6. Display on the console information of all employees using a table format

2. Display of the Statistics
   1. Display the average salary of the employees on the console
   2. Display the information of programmers only on the console

3. Memory management

1. Release any dynamically allocated memory in your program without memory leak
2. Reset any pointer variable if it is no longer used. Otherwise, such a pointer variable becomes a dangling pointer pointing to a memory that has been deleted already.

4. Readability
   1. Apply indentations appropriately to make your program readable.

5. Others

1. No need of classes/objects
2. No need of makefile

On January 1, 2020, Sarasota Company purchased 10% bonds having a maturity value of $380,000, for $410,343.38. The bonds provide the bondholders with a 8% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. Sarasota Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. Prepare the journal entry at the date of the bond purchase.Prepare a bond amortization schedule.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020.Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021.

Explain Reliance ltd succinctly.I bought shares of Reliance on 08/07/2015 for Rs900/ and sold it on 08/07/2020 for Rs 1812/-.Dividend received from 2015-16 was 6% , (20016-17)- 7%,(2017-18)-8%, (2018-19)-8%, (2019-2020)-6.5%.The face value of shares of Reliance is Rs100/-.Dividends received are invested every year in Bank Saving account at 4%.Find out the Discounted Cash flows over the time 2015-16 to 2019-20 and also for 2020 when shares are sold.Also determine IRR and average Return on investment.

The following information is available from ABC co.'s inventory records for March 2020.

Instructions: Compute the costs of goods sold for March 2020 using the following methods.

a) FIFO with perpetual inventory.

b) Weighted average. (Periodic system).

c) Moving average. (Perpetual system).

d) LIFO with periodic inventory.

e) LIFO with perpetual inventory.

Suppose IQ scores were obtained from randomly selected

twinstwins.

For

2020

such pairs of​ people, the linear correlation coefficient is

0.8670.867

and the equation of the regression line is

ModifyingAbove y with caret equals 5.44 plus 0.93 xy=5.44+0.93x​,

where x represents the IQ score of the

twin born secondtwin born second.

​Also, the

2020

x values have a mean of

96.2696.26

and the

2020

y values have a mean of

94.9594.95.

What is the best predicted IQ of the

twin born firsttwin born first​,

given that the

twin born secondtwin born second

has an IQ of

9494​?

Use a significance level of 0.05