Globalization is supposed to provide diversification benefits that domestic sectors in US can not. Find three examples where foreign events led to major set-backs in US stock markets and Discuss why those events affected the US markets.
In: Finance
Cookies R Us Incorporated is evaluating a new cookie cutting machine that will cost $500,000. The machine can be depreciated on a straight-line basis to zero over 10 years. It will provide the company with annual before-tax savings of $135,000. The marginal corporate tax rate is 40% and the required rate of return is 15%. What is the net present value of this cost-cutting asset?
Multiple Choice
$128,611.12
$157,458.69
-$193,855.11
$6,895.63
$277,909.14
In: Finance
Determine whether each of the following cases is an example of 1)horizontal fdi 2) vertical FDI 3)offshoring. Explain your reasonings for each use. . IS THIS AN EXAMPLE OF HORIZONTAL FDI, VERTICAL FDI OR OFFSHORING
a) toyota motor corporation , a Japanese automative manufacturer. owns multiple manufacturing facilities in the US
.b) Apple Inc, an American technology company , hires Foxconn, a multinational electronics contract manufacturer, for assembling Iphones in China.
In: Economics
Timpanogos Inc. is an accrual-method calendar-year corporation. For 2018, it reported financial statement income after taxes of $1,152,000. Timpanogos provided the following information relating to its 2018 activities:
| Life insurance proceeds as a result of CEO’s death | $ | 200,000 |
| Revenue from sales (for both book and tax purposes) | 2,000,000 | |
| Premiums paid on the key-person life insurance policies. The policies have no cash surrender value. | 21,000 | |
| Charitable contributions | 180,000 | |
| Cost of goods sold for book and tax purposes | 300,000 | |
| Interest income on tax-exempt bonds issued in 2017 | 40,000 | |
| Interest paid on loan obtained to purchase tax-exempt bonds | 45,000 | |
| Rental income payments received and earned in 2018 | 15,000 | |
| Rental income payments received in 2017 but earned in 2018 | 10,000 | |
| Rental income payments received in 2018 but not earned by year-end | 30,000 | |
| MACRS depreciation | 55,000 | |
| Book Depreciation | 25,000 | |
| Net capital loss | 42,000 | |
| Federal income tax expense for books in 2018 | 500,000 | |
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Required:
In: Accounting
enith Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock; Retained Earnings; Dividends; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense.
| Transactions | ||
| Mar. | 1 | Paid rent for the month, $4,000. |
| 3 | Paid advertising expense, $1,350. | |
| 5 | Paid cash for supplies, $1,800. | |
| 6 | Purchased office equipment on account, $11,500. | |
| 10 | Received cash from customers on account, $8,600. | |
| 15 | Paid creditor on account, $3,180. | |
| 27 | Paid cash for miscellaneous expenses, $700. | |
| 30 | Paid telephone bill for the month, $550. | |
| 31 | Fees earned and billed to customers for the month, $37,200. | |
| 31 | Paid electricity bill for the month, $830. | |
| 31 | Paid dividends, $2,000. | |
Journalize the preceding selected transactions for March 2018 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
| CHART OF ACCOUNTS | |||||||||||||||||||||||||||||||||||||
| Zenith Consulting Co. | |||||||||||||||||||||||||||||||||||||
| General Ledger | |||||||||||||||||||||||||||||||||||||
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In: Accounting
Question 2. Upon starting your new job after college, you've been confronted with selecting the investments for your 401(k) retirement plan. You have four choices for investing your money:
a. If you were to contribute $5,500 per year for the next 35 years, how much would you accumulate in each of the above funds?
b. Now, change your worksheet so that it allows for less than annual investments (monthly, weekly, etc.). The annual investment will be the same, but it will be made in smaller, more frequent, amounts.
c. Set up a scenario analysis that shows your accumulated value in each fund if you were to invest quarterly, monthly, biweekly, and weekly. Create a scenario summary table of your results.
d. What relationship do you notice between the frequency of investment and future value? Create a column chart of the results that more clearly shows the outcome from more frequently investing.
I need to know the excel formula step by step to get this done. I have A but need B C and D
In: Finance
Acts of Apostles Chapters
1 When Pentecost day came round, they had all met together,
2 when suddenly there came from heaven a sound as of a violent wind which filled the entire house in which they were sitting;
3 and there appeared to them tongues as of fire; these separated and came to rest on the head of each of them.
4 They were all filled with the Holy Spirit and began to speak different languages as the Spirit gave them power to express themselves.
5 Now there were devout men living in Jerusalem from every nation under heaven,
6 and at this sound they all assembled, and each one was bewildered to hear these men speaking his own language.
7 They were amazed and astonished. 'Surely,' they said, 'all these men speaking are Galileans?
8 How does it happen that each of us hears them in his own native language?
9 Parthians, Medes and Elamites; people from Mesopotamia, Judaea and Cappadocia, Pontus and Asia,
10 Phrygia and Pamphylia, Egypt and the parts of Libya round Cyrene; residents of Rome-
11 Jews and proselytes alike -- Cretans and Arabs, we hear them preaching in our own language about the marvels of God.'
12 Everyone was amazed and perplexed; they asked one another what it all meant.
13 Some, however, laughed it off. 'They have been drinking too much new wine,' they said.
14 Then Peter stood up with the Eleven and addressed them in a loud voice: 'Men of Judaea, and all you who live in Jerusalem, make no mistake about this, but listen carefully to what I say.
15 These men are not drunk, as you imagine; why, it is only the third hour of the day.
16 On the contrary, this is what the prophet was saying:
17 In the last days -- the Lord declares -- I shall pour out my Spirit on all humanity. Your sons and daughters shall prophesy, your young people shall see visions, your old people dream dreams.
18 Even on the slaves, men and women, shall I pour out my Spirit.
19 I will show portents in the sky above and signs on the earth below.
20 The sun will be turned into darkness and the moon into blood before the day of the Lord comes, that great and terrible Day.
21 And all who call on the name of the Lord will be saved.
22 'Men of Israel, listen to what I am going to say: Jesus the Nazarene was a man commended to you by God by the miracles and portents and signs that God worked through him when he was among you, as you know.
23 This man, who was put into your power by the deliberate intention and foreknowledge of God, you took and had crucified and killed by men outside the Law.
24 But God raised him to life, freeing him from the pangs of Hades; for it was impossible for him to be held in its power since,
25 as David says of him: I kept the Lord before my sight always, for with him at my right hand nothing can shake me.
26 So my heart rejoiced my tongue delighted; my body, too, will rest secure,
27 for you will not abandon me to Hades or allow your holy one to see corruption.
28 You have taught me the way of life, you will fill me with joy in your presence.
29 'Brothers, no one can deny that the patriarch David himself is dead and buried: his tomb is still with us.
30 But since he was a prophet, and knew that God had sworn him an oath to make one of his descendants succeed him on the throne,
31 he spoke with foreknowledge about the resurrection of the Christ: he is the one who was not abandoned to Hades, and whose body did not see corruption.
32 God raised this man Jesus to life, and of that we are all witnesses.
33 Now raised to the heights by God's right hand, he has received from the Father the Holy Spirit, who was promised, and what you see and hear is the outpouring of that Spirit.
34 For David himself never went up to heaven, but yet he said: The Lord declared to my Lord, take your seat at my righthand,
35 till I have made your enemies your footstool.
36 'For this reason the whole House of Israel can be certain that the Lord and Christ whom God has made is this Jesuswhom you crucified.'
37 Hearing this, they were cut to the heart and said to Peter and the other apostles, 'What are we to do, brothers?'
38 'You must repent,' Peter answered, 'and every one of you must be baptised in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit.
39 The promise that was made is for you and your children, and for all those who are far away, for all those whom the Lordour God is calling to himself.'
40 He spoke to them for a long time using many other arguments, and he urged them, 'Save yourselves from this perverse generation.'
41 They accepted what he said and were baptised. That very day about three thousand were added to their number.
42 These remained faithful to the teaching of the apostles, to the brotherhood, to the breaking of bread and to the prayers.
43 And everyone was filled with awe; the apostles worked many signs and miracles.
44 And all who shared the faith owned everything in common;
45 they sold their goods and possessions and distributed the proceeds among themselves according to what each one needed.
46 Each day, with one heart, they regularly went to the Temple but met in their houses for the breaking of bread; they shared their food gladly and generously;
47 they praised God and were looked up to by everyone. Day by day the Lord added to their community those destined to be saved.
1) Who are the principle actors in this scene? who are all these people in the city? who are the prohets quotes in peter's speech?
2)How is unity described in this passage ( consider 1,3,4,32,41,42,44)
3) When do the poeple ask, What are we suppose to do with this ?
4) Where does the group ,eet daily? why two places? why both places?
In: Psychology
Time intervals measured with a stopwatch typically have an uncertainty of about 0.2 seconds due to human reaction time. How does this compare to the uncertainties of individual measurements above? Can human reaction time fully account for these uncertainties? If not, what other factors may contribute to the uncertainty of individual measurements (provide at least one)?
Also, What are the fundamental differences in the uncertainty of individual measurements vs uncertainty of mean of measurements
In: Physics
Consider the following equation:
^Salary i = 5284.33 + 68.15 Edu i - 286.95 Di + 85.62 Edu i Di
Edu i - number of years of education for an individual
Di = 1 if the individual is a male
Di = 0 if the individual is a femal.
a) what type of dummy variable is Di?
b) what type of dummy variable is Edu i Di ?
c) write a statement explaining the meaning of the coefficient of Edu i Di.
In: Statistics and Probability
Bourque Corporation began operations on January 2nd. Its end year is December 31st, and it adjusts its accounts annually. Selected transactions for the current year follow:
1. On January 2, purchased supplies for $2,100 cash. A physical count at December 31 revealed that $550 of supplies were still on hand.
2. Purchased equipment for $20,000 cash on March 1. The equipment us estimated to have a useful life of 5 years and the company uses straight-line depreciation.
3. Purchased a one-year, $4,200 insurance policy for cash on June 1. The policy came into effect on that date.
4. On November 15, received a $1,275 advance cash payment from three clients for services to be performed in the future. As at December 31, work had been completed for two of the clients ($425 each)
5. On December 15, the company paid $2,500 rent in advance for the next month (January)
a) For each of the above situations, prepare the journal entry for the original transaction
b) For each of the above situations, prepare any adjusting journal entry required at December 31
In: Accounting