Many humans claim to have a “sweet tooth”. Yet, excess sugar is bad for our health. Presumably, our craving for sweet food substrates has an evolutionary basis – it probably directed human ancestors to forage for fruit, not candy. What nutritional benefits (name at least three) do we get from fresh fruit? Why is the amount of sugar contained in a few pieces of fruit not bad for us? Given that most of the fruit matter (cell wall) is indigestible to us, what is the reason for ingesting cellulose?

Until recently, the US Dollar had been appreciating. This was occurring as the growth rates of European and some Asian economies were slowing. Based on these two trends only, how would the rate of growth for the US economy change from its previous levels (provide your basis for this). What should the effect of these two factors be on interest rates, the S&P 500 index, and commodity prices (briefly provide your basis for each of these changes). DO NOT ASSUME ANY ACTIONS BY THE FEDERAL RESERVE IN FORMULATING YOUR ANSWER.

Conduct a SWOT analysis for Korean red ginseng extract from CheongKwanJang and include a summary/explanation of the SWOT for the product as if you were researching the possibility of promoting it to native US consumers. Your “starting” market will be US citizens. Your target market should be much smaller than this.

Use your SWOT analysis and put together S and O to determine actions moving forward to help propel your marketing opportunities. Use W and T to determine what pitfalls you may experience down the road.

One of the shortcomings of monetary policy is the problem with timelags. This is a problem because:

Non banks can make loans as well as member banks over time

It takes time for the US senate to approve the FED changes

It takes time for the FED to get approval of it’s actions from the US President

After the FED takes an action it may take years for the discount rate and Fed funds rate to change

After the FED takes an action it could be months or even years before the changes impacted our macroeconomic economy

1. Until recently, the US Dollar had been appreciating. This was occurring as the growth rates of European and some Asian economies were slowing. Based on these two trends only, how would the rate of growth for the US economy change from its previous levels (provide your basis for this). What should the effect of these two factors be on interest rates, the S&P 500 index, and commodity prices (briefly provide your basis for each of these changes). DO NOT ASSUME ANY ACTIONS BY THE FEDERAL RESERVE IN FORMULATING YOUR ANSWER.

Deuteronomy 24:14 - Do not take advantage of a hired worker who is poor and needy, whether that worker is a fellow Israelite or a foreigner residing in one of your towns.

Luke 16: 1-14 - (Parable of the Shrewd Manager):

How do Deuteronomy 24:14 and the Parable of the Shrewd Manager (Luke 16: 1-14) provide us with an opportunity to look at subordinate relations from different perspectives? What do the above verses teach us about honesty and fairness in employer-employee relations?

A five-year loan is being repaid with level monthly installments, one at the end of each month beginning on 1/1/2018 and ending on 12/31/2022. A 12% nominal annual interest rate compounded monthly was used to determine the amount of each monthly installment.

In which of the following periods does the outstanding loan balance first fall below one-half of the original amount of the loan?

a) January 2018 through March 2020

b) April 2020 through June 2020

c) July 2020 through September 2020

d) October 2020 through December 2020

e) January 2021 through December 2022

Determining Market-Based and Negotiated Transfer Prices

Clanahan, Inc., has a number of divisions around the world. Division US (in the United States) purchases a component from Division N (in the Netherlands). The component can be purchased externally for $25.10 each. The freight and insurance on the item amount to $2.50; however, commissions of $2.50 need not be paid.

Required:

Round your answers to the nearest cent.

1. Calculate the transfer price using the comparable uncontrolled price method.
$ per unit

2. Suppose that there is no outside market for the component that Division N transfers to Division US. Further assume that Division US sells the component for $31.20 and normally receives a 30 percent markup on cost of goods sold. Calculate the transfer price using the resale price method.
$ per unit

3. Now assume that there is no external market for the component transferred from Division N to Division US, and that the component is used in the manufacture of another product (i.e., it is not resold). Calculate the transfer price using the cost-plus method. Further assume that Division N’s manufacturing cost for the component is $18.10.
$ per unit

4. What if commissions avoided were $2.75 per unit?

What would be the comparable uncontrolled price?
$ per unit

What affect would this have on the resale price?

What affect would this have on the cost-plus price?

1. Perform a hypothesis test to examine the claim that the proportion of Hispanic/Latino people killed by police in the US is different from 16.4% (the 2014 demographic percentage for Hispanic/Latino Americans in the US population).

   1. Clearly state the null and alternative hypotheses to test, both as sentences and using symbols.

   2. Are the conditions (independent data and large enough sample size) met?

   3. Use technology to calculate the test statistic and the P-value.

   4. Make a sketch showing the distribution and the P-value.

   5. Using significance level 0.05, do you reject the null hypothesis or not?

   6. Communicate the conclusion of your hypothesis test in context.

      2. ​​​​​​​​​​​​​​Now perform a hypothesis test to examine the claim that the proportion of Black people killed by police in the US is different from 12.6% (the 2014 demographic percentage for Black Americans in the US population).

      1. Clearly state the null and alternative hypotheses to test, both as sentences and using symbols.

      2. Are the conditions (independent data and large enough sample size) met?

      3. ​​​​​​​Use technology to calculate the test statistic and the P-value.

      4. Make a sketch showing the distribution and the P-value.

      5. Using significance level 0.05, do you reject the null hypothesis or not?

      6. Communicate the conclusion of your hypothesis test in context.

Determining Market-Based and Negotiated Transfer Prices

Clanahan, Inc., has a number of divisions around the world. Division US (in the United States) purchases a component from Division N (in the Netherlands). The component can be purchased externally for $24.60 each. The freight and insurance on the item amount to $2.45; however, commissions of $2.60 need not be paid.

Required:

Round your answers to the nearest cent.

1. Calculate the transfer price using the comparable uncontrolled price method.
$ fill in the blank 1per unit

2. Suppose that there is no outside market for the component that Division N transfers to Division US. Further assume that Division US sells the component for $27.30 and normally receives a 30 percent markup on cost of goods sold. Calculate the transfer price using the resale price method.
$ fill in the blank 2per unit

3. Now assume that there is no external market for the component transferred from Division N to Division US, and that the component is used in the manufacture of another product (i.e., it is not resold). Calculate the transfer price using the cost-plus method. Further assume that Division N’s manufacturing cost for the component is $18.50.
$ fill in the blank 3per unit

4. What if commissions avoided were $2.90 per unit?

What would be the comparable uncontrolled price?
$ fill in the blank 4per unit

What affect would this have on the resale price?

What affect would this have on the cost-plus price?