Questions
Tesla Corporation (TSLA) stock has been in demand over the past year, tripling in value between...

Tesla Corporation (TSLA) stock has been in demand over the past year, tripling in value between July 2019 and January 2020, despite reporting losses in two of the last four quarters. Autonomous vehicle technology is poised for introduction in urban and long haul applications by companies such as Plus.ai. In an interview with Quartz, Bill Gates suggested that taxing robot output could help cover the shortfall in social services due to lost jobs and help pay for the increase in social services and support needed by displaced workers. An article in The Atlantic Magazine (A World Without Work) lays out the impact of automation on jobs and eventually on the default social contract in most capitalist societies. A review of a book with the same name provides additional insight.
Please research the topic of automation and its impact on an individual’s ability to monetize their human capital. Given the idea that humans need to contribute to society to feel fulfilled and happy, please respond to the following:

What is your personal philosophy about firms using automation without regard to its impact on society?

In: Economics

A physics class has 50 students. Of these, 17 students are physics majors and 16 students are female. Of the physic...


A physics class has 50 students. Of these, 17 students are physics majors and 16 students are female. Of the physics majors,

A physics class has 50 students. Of these, 17 students are physics majors and 16 students are female. Of the physics majors, seven are female. Find the probability that a randomly selected student is female or a physics major. 

The probability that a randomly selected student is female or a physics major is 

(Round to three decimal places as needed.)

In: Math

Financial statement​ analysis)  Carson​ Electronics' management has long viewed BGT Electronics as an industry leader and...

Financial statement​ analysis)  Carson​ Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model firm for analyzing its own performance. a.  Calculate the following ratios for both Carson and​ BGT: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity b.  Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of Carson as compared to BGT that​ Carson's management might focus on to improve its operations. a.  Calculate the following ratios for both Carson and​ BGT: ​Carson's current ratio is nothing. ​(Round to two decimal​ places.)

Carson​ Electronics, Inc.

Balance Sheet​ ($000)

BGT​ Electronics, Inc.

Balance Sheet​ ($000)

Cash

$ 1 comma 950$1,950

$ 1 comma 510$1,510

Accounts receivable

4 comma 4904,490

6 comma 0206,020

Inventories

1 comma 5301,530

2 comma 5002,500

Current assets

$ 7 comma 970$7,970

$ 10 comma 030$10,030

Net fixed assets

15 comma 98015,980

24 comma 98024,980

Total assets

$ 23 comma 950$23,950

$ 35 comma 010$35,010

Accounts payable

$ 2 comma 550$2,550

$ 4 comma 990$4,990

Accrued expenses

1 comma 0101,010

1 comma 5501,550

​Short-term notes payable

3 comma 4603,460

1 comma 5101,510

Current liabilities

$ 7 comma 020$7,020

$ 8 comma 050$8,050

​Long-term debt

7 comma 9707,970

3 comma 9903,990

​Owners' equity

8 comma 9608,960

22 comma 97022,970

Total liabilities and​ owners' equity

$ 23 comma 950$23,950

$ 35 comma 010$35,010

Carson​ Electronics, Inc.

Income Statement​ ($000)

BGT​ Electronics, Inc.

Income Statement​ ($000)

Net sales​ (all credit)

$ 47 comma 950$47,950

$ 70 comma 030$70,030

Cost of goods sold

( 35 comma 980 )(35,980)

( 42 comma 050 )(42,050)

Gross profit

$ 11 comma 970$11,970

$ 27 comma 980$27,980

Operating expenses

( 8 comma 040 )(8,040)

( 11 comma 970 )(11,970)

Net operating income

$ 3 comma 930$3,930

$ 16 comma 010$16,010

Interest expense

( 1 comma 180 )(1,180)

( 500 )(500)

Earnings before taxes

$ 2 comma 750$2,750

$ 15 comma 510$15,510

Income taxes

​(40 %40%​)

( 1 comma 100 )(1,100)

( 6 comma 204 )(6,204)

Net income

$ 1 comma 650$1,650

$ 9 comma 306$9,306

PrintDone

In: Accounting

Lisa Deuel is a certified public accountant (CPA) and staff accountant for Bratz and Bratz, a...

Lisa Deuel is a certified public accountant (CPA) and staff accountant for Bratz and Bratz, a local CPA firm. It had been the policy of the firm to provide a holiday bonus equal to two weeks' salary to all employees. The firm's new management team announced on November 15 that a bonus equal to only one week's salary would be made available to employees this year. Lisa thought that this policy was unfair because she and her coworkers planned on the full two-week bonus. The two-week bonus had been given for 10 straight years, so it seemed as though the firm had breached an implied commitment.

Thus, Lisa decided that she would make up the lost bonus week by working an extra six hours of overtime per week over the next five weeks until the end of the year. Bratz and Bratz's policy is to pay overtime at 150% of straight time. Lisa's supervisor was surprised to see overtime being reported, since there is generally very little additional or unusual client service demands at the end of the calendar year. However, the overtime was not questioned, since firm employees are on the 'honor system' in reporting their overtime.

Discuss whether the firm is acting in an ethical manner by changing the bonus. Is Lisa behaving in an ethical manner?

In: Accounting

1. In class, we address the importance of maximizing shareholders’ wealth. However, it seems like maximizing...

1. In class, we address the importance of maximizing shareholders’ wealth. However, it seems like maximizing stock prices does not make sense, because investors focus on short-term results and do not care about long-term consequences. What do you think? Please discuss.

2. In February, Cap Inc. announced that it would split into two independent publicly traded companies: one comprised of its Old Navy brand, and the second a yet-to-be-named company that includes its other brands like Banana Republic and Athleta. The planned breakup is an acknowledgment of the two chains' diverging fortunes and how much Gap has lost its once-powerful grip on American consumers. For several years, Old Navy has outperformed its sister brands Gap and Banana Republic with its lower price-points and catchy marketing. Old Navy now exceeds the original brand in sales, making up nearly half of Gap Inc.'s $16.6 billion of sales in 2018.

In your opinion, what are the benefits and downsides to splitting Gap into two firms? How did Gap's stock react to the news in after-market trading? How would you explain this reaction? Will the separation save the company in the long run? Please elaborate on your answers.

In: Finance

You invest $100 in a risky asset with an expected rate of return of 0.11 and...

You invest $100 in a risky asset with an expected rate of return of 0.11 and a standard deviation of 0.20 and a T-bill with a rate of return of 0.03. What percentages of your money must be invested in the risk-free asset and the risky asset, respectively, to form a portfolio with a standard deviation of 0.08? Select one: a. 30% and 70% b. 50% and 50% c. 60% and 40% d. 40% and 60% e. Cannot be determined.

You invest $100 in a risky asset with an expected rate of return of 0.11 and a standard deviation of 0.20 and a T-bill with a rate of return of 0.03.

What percentages of your money must be invested in the risky asset and the risk-free asset, respectively, to form a portfolio with an expected return of 0.08?

Select one:

a. 85% and 15%

b. 75% and 25%

c. 62.5% and 37.5%

d. 57% and 43%

e. Cannot be determined.

In: Finance

AA corporation has a capital structure consisting of 40% debt, 10% preferred stock, and 50% common...

AA corporation has a capital structure consisting of 40% debt, 10% preferred stock, and 50% common equity. Assume the firm has a sufficient retained earnings to fund the equity portion of its capital budget. It has 20-year, 14% semiannual coupon bonds that sell at their par value of $1,000. The firm could sell, at par, $50 preferred stock that pays a 8% annual dividend. AA’s beta is 1.4, the risk-free rate if 5%, and the market risk premium is 8%. AA is a constant growth firm that just paid dividend of $1.00, sells for $20.00 per share, and has a growth rate of 10%. AA’s tax rate is 30%. what is AA’s WACC?

i need specific calculation process for this question, not only the answer!!

In: Finance

A national chain of women’s clothing stores with locations in the large shopping malls thinks that...

A national chain of women’s clothing stores with locations in the large shopping malls thinks that it can do a better job of planning more renovations and expansions if it understands what variables impact sales. It plans a small pilot study on stores in 25 different mall locations. The data it collects consist of monthly sales, store size (sq. ft), number of linear feet of window display, number of competitors located in mall, size of the mall (sq. ft),and distance to nearest competitor (ft). USING EXCEL FUNCTIONS

  1. Plot the residuals versus the actual values. Do you think that the model does a good job of predicting monthly sales? Why or why not?
  2. Do you think that this model will be useful in helping the planners? Why or why not?
  3. Test the individual regression coefficients. At the 0.05 level of significance, what are your conclusions?
  4. If you were going to drop just one variable from the model, which one would you choose? Why?
Sales Size Windows Competitors Mall Size Nearest Competitor
4453 3860 39 12 943700 227
4770 4150 41 15 532500 142
4821 3880 39 15 390500 263
4912 4000 39 13 545500 219
4774 4140 40 10 329600 232
4638 4370 48 14 802600 257
4076 3570 37 16 463300 241
3967 3870 39 16 855200 220
4000 4020 44 21 443000 188
4379 3990 38 16 613400 209
5761 4930 50 15 420300 220
3561 3540 34 15 626700 167
4145 3950 36 14 601500 187
4406 3770 36 12 593000 199
4972 3940 38 11 347100 204
4414 3590 35 10 355900 146
4363 4090 38 13 490100 206
4499 4580 45 16 649200 144
3573 3580 35 18 685900 178
5287 4380 42 15 106200 149
5339 4330 40 10 354900 231
4656 4060 37 11 598700 225
3943 3380 34 16 381800 163
5121 4760 44 17 597900 224
4557 3800 36 14 745300 195

In: Statistics and Probability

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments....

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of computer support is $14.24 million. The following information is given:

Gigabytes of Storage Number of Consultants
Corporate 95,400 130
Government 47,600 165

Required:

What is the cost allocation if fixed computer costs of $10.23 million are allocated on the basis of number of consultants and the remaining costs (all variable) are allocated on the basis of the number of gigabytes of storage used by the department?

In: Accounting

The following data for the dependent variable, y, and the independent variable, x, have been collected...

The following data for the dependent variable, y, and the independent variable, x, have been collected using simple random sampling:

X

Y

10

120

14

130

16

170

12

150

20

200

18

180

16

190

14

150

16

160

18

200

  1. Construct a scatter plot for these data. Based on the scatter plot, how would you describe the relationship between the two variables?
  2. Compute the correlation coefficient.

In: Statistics and Probability