Instructions:

Individual Work

Each person of the group is required to do the problems on paper with a pencil.   You WILL NOT receive any points on the group take home score if you do not show that you did the work or do not submit the answer before your group meeting. You are required to take a picture of your work and submit your work in Blackboard BEFORE your group meets.

Group Work

Your group will meet in person or on Zoom and determine who has the right answer and what answer you will submit. Please note that often each student has a section of the problem correct but not the entire problem correct.

Your group will prepare your group answer in Excel with proper format. This is the answer that will be graded. All members of the group that have submitted Individual Work will receive the same group grade.

One member of each group will submit the Excel sheet as a PDF in Blackboard. Please review your PDF file for formatting before you submit it.

Your PDF file should be as follows:

Page One: Group Member names, Date, Time, and Location

Page Two: Depreciation, Goodwill, and Impairment Loss

Depreciation, Goodwill, and Impairment Loss

At the beginning of 2020, Brady Inc. acquired Lincoln Technology Corporation for $600 million. In addition to cash, receivables, and inventory, the following assets and their fair values were also acquired:

The plant and equipment are depreciated over a 10-year useful life on a straight-line basis. There is no estimated residual value. The patent is estimated to have a 5-year useful life, no residual value, and is amortized using the straight-line method.

At the end of 2022, a change in business climate indicated to management that the assets of Lincoln might be impaired. The following amounts have been determined:

Required:

1. Compute the book value of the plant and equipment and patent at the end of 2022.
2. When should the plant and equipment and the patent be tested for impairment?
3. When should goodwill be tested for impairment?
4. Determine the amount of any impairment loss to be recorded, if any, for the three assets.

Please typle down (easy for me to copy and paste) your thoughts after reading the paragraphs ie. agree or disagree and why? (Min 5 sentences 150 words + )

The talk given by Paul Kemp-Robertson was eyeopening and extremely revealing. Although he mentions the importance of cryptocurrencies and their rapid increase within society in the last years, I still do not believe that they will out date money, cash, debit cards or any of the payment methods that we currently use within our own currency. Robertson mentioned some interesting points in terms of examples that use this and how people react. For example, if we analyse the transactions in Starbucks in a day, more than 30% of them will be made with Starbucks Star points, meaning that they have created a currency that is staying within its ecosystem. Another example is the use of "Fakka" (meaning small change in Arabic) in countries of Africa. Since small change is a problem in these countries, Vodafone created a card that acts as a micro-recharge for their phones.

These advancements seem to be beneficial in many ways, such as the Fakka Vodafone cards that help countries in which there is very little change in circulation. And in many ways one can understand why people begin to trust these currencies and eventually lose faith in the institutions. However, I do not believe that this will cause our economic system as we know it today to dissolve in the emergence of cryptocurrencies. There are also many people who still do not trust in technology and these will also support the economic system we have today.

1. Where might technical analysis be considered useful to​ investors?

A. It identifies changes in trends only after the fact B. Deviations from intrinsic values can persist for long periods C.It is useful for assets where there is scarce fundamental information

2.. Analyst forecasts which focus on a​ top-down approach to forecasting future performance are most likely paying attention​ to:

A.Signals from individual companies within an industry first B. Macroeconomic factors such as gross domestic product​ (GDP) C. Microeconomic factors such as dividend yields on​ bio-technology stocks​ (shares)

3.. A trader who relies on a relative value model is least likely looking for situations that​ involve:

A. Buying cheap assets and selling expensive assets. B.Identifying the best time to switch between stocks and bonds. C. Buying expensive assets and selling cheap assets

4. What would be the most likely reason for the price return of a​ market-capitalization index performing better compared to an​ equal-weighted index comprised of the same​ securities?

A. Small-cap securities outperforming​ large-cap securities B. ​Large-cap securities outperforming​ small-cap securities. C. Underperformance of​ large-cap securities.

5. Why is trading volume an important consideration when undertaking technical​ analysis?

A. Trading volume represents private information not incorporated in prices B. Trading volume can be used as a signal to support price and market trends C. Both are correct

From Dunkin Donuts to Just Dunkin! The famous American Donut’s brand is rebranding and closing stores across the world including Oman as its outlets have shut down for good. The demand for donuts in America is decreasing as customers preferring more healthy food with less sugar and fat.

The company’s brand CEO Mr. David Hoffmann said, “the rebranding comes as an effort to reshape the company’s strategic goals and focusing on drinks more than donuts.” While analyzing the company’s different products, the managers

noticed that 60% of its revenue is coming from drinks like coffee while demand for donuts is declining.

The company redesigned its brand, and its stores making them look simpler. The company is also introducing new coffee experiences like nitro, cold brew, black...etc. The company will also introduce digital menu and drive through to fit the customers on the go lifestyle. The company will also reduce its employees as the new digital menus will eliminate the need of human employees, reducing the company’s costs.

1. On the product life cycle, where the donuts fall? What are the best strategies the company can use in this case?
2. Explain, how the demographic environment is affecting the company?
3. Develop Integrated Marketing Communication for the new brand “Dunkin” (5Marks)
4. Do you agree or disagree with the company’s rebranding strategy? Support your opinion based on your knowledge of the factors influencing the buyer behavior.
5. Discuss the role technology plays in Dunkin donuts new strategy.

Listed below are two new researches by the IBM company .

A radical new recycling process

The biggest threat to our planet are humans, due to our waste and pollution. Plastic is one major issue, as it pollutes our planet on a daily basis and the predictions are that in 2050, there will be more plastic in our oceans than fishes. In order to prevent that from happening, IBM Researchers have invented the VolCat, which will make the recycling of plastic more efficient. This new recycling concept will break down all kinds of plastic, regardless if it is colored or not, clean or dirty. Hence, households won’t have to separate and recycle their plastic at home anymore, since the VolCat will use all types of plastic together. VolCat is a catalytic chemical process, which dissolves polyester plastics. Once it is digested, it can then be reused for new plastic manufacturing machines (IBM Research, n.d.).

Heavy Metal Free Batteries:

IBM is currently working on new battery technologies that are free of heavy metals such as cobalt, nickel, lithium, and other metal types. The main objectives of this project are to lower the cost of batteries, charge faster, higher power density, higher energy density, better efficiency, and lower flammability of batteries currently being used. They expect these batteries to be used in electronics, airplanes, cars, and any other product that requires mobile power. They are currently working with Mercedes-Benz Research and Development, Central Glass and battery manufacturers to develop this technology (Na, 2019).

In your own word discuss how both research can be beneficial to the future ? give a thorough explanation

Dell and FedEx Supply Chain

For more than 28 years, Dell has empowered countries, communities, companies, and people everywhere to realize their dreams through the use of information technology. Success also brings great challenges - especially in areas of non-core competencies such as reverse logistics. Dell had worked with GENCO since 2005 (GENCO was acquired by FedEx in 2015 and rebranded as FedEx Supply Chain in 2017).

As customary in the fast-paced high-tech industry, Dell operated under a procurement strategy of “every dollar, every year,” meaning that it used frequent competitive bidding processes to drive down prices. By 2011, the honeymoon was over in the relationship. Dell was driving for the lowest cost, but FedEx Supply Chain believed Dell’s short-term thinking was putting capabilities at risk.

A major tension point was that Dell wanted FedEx Supply Chain to drive proactive innovations and assume the cost of investments. FedEx Supply Chain resisted because it had no guarantee of return on investment within the existing contract structure and constantly faced hard-driving cost reductions. One thing was abundantly clear: Neither party was content with the current contract. The existing contract structure and relationship dynamics placed a wedge in the trust level between the two companies.

A better way was needed.

Question

You have been approached to advise on the way forward for Dell and FeDex relationship. Using an illustration, advise Dell on how they can implement relationship management using the partnership life cycle effect

QUESTION 31

1. This and the next several questions will require you to complete Miasma Intelligence Technology, Inc.'s (MIT) annual balance sheet and regular income statement for year 1, which is presented below.
   
   You should write down each answer on scratch paper as you move through this part of the exam. Based on the balance sheet, income statements and the information included in the box below, determine the amount that should be in each empty box. ROUND YOUR ANSERS TO THE NEAREST DOLLAR ($).
   
   QUESTION: What is the total asset balance for year 1?
   
   

   Days in inventory		38		Income tax rate		28%
   Days in accounts payable		34		Operating expenses		19.5%
   Days in accounts receivable		41		Days in the year		365
   Gross profit		45%

   
     

   Balance Sheet

   Year 1

   Income Statement (Regular)

   Year 1

   Cash		$ 285,000		Revenue [sales]		$ 15,000,000
   Accounts receivable				Cost of sales
   Inventory				Gross profit
   Total current assets		$ 2,828,836		Operating expenses

   Property, plant and equipment

   $ 4,650,000

   Income before income taxes

   Other		$ 670,000		Income taxes
   Total assets				Net income
   Accounts payable

   Income taxes payable
   Current portion of long-term debt	$ 357,000
   Total current liabilities	$ 2,196,493

   Long-term debt		$ 1,198,500
   Total liabilities
   Common stock		$ 500,000

   Additional paid in capital

   $ 1,499,843

   Retained earnings
   Total equity

   Total liabilities and shareholders' equity

   $ 8,148,836

2. fill in blanks

Please write down a comment, what piques your curiosity in what you read below? (150-250 Words)

I have heard and know a little bit about AARP and know it is for people aged 50 and older and stands for American Association of Retired Persons. Although I have never gone to the website or researched anything about it, there is a lot of information. The first piece of information I learned was there was a link to help for grandparents who are raising their grandchildren. There is legislation that will provide information about services for families, with more focus on those impacted by the opioid crisis. I learned under the Personal Technology tab that an iPhone update will speed emergency response so that 911 callers can be tracked more quickly. Under the Home tab, there was a link with an article about inheriting a home and what you need to do next and make sure it isn’t a money pit. I also learned that the veterans suicide rate as rose over the last decade and that veterans are nearly twice as likely as nonveterans to commit suicide. I also learned what one couple who has been married for 75 years says is the success of marriage. The couple says that it is important to be nice to one another, make each other laugh, never go to bed with a grudge and always kiss each other goodnight. Lastly, I also read about how the AARP Foundation Experience Corps also helped 31,000 children to become better readers. There is a lot of useful and interesting links and information on the website.

Please write down a comment, what piques your curiosity in what you read below? (150-250 Words)

I have heard of the AARP before but I had not really done much research on it. The AARP stands for: American Association of Retired Persons and was founded in 1958 by Dr. Ethel Percy Andrus, which that is the first thing I did not know. I had never looked at this website before and did not know there was so much information on it. I did not know there were so many links and articles you could look at. When I clicked on Family and Friends, the first thing I saw was bold letters saying "New help for Grandparents raising Grandchildren" and I think something like this would be very helpful because I think today so many grandparents are raising their grandchildren. I also did not know this website has technology information. I also clicked on a tab that said 8 rules for new caregivers. 1 Start with candid conversation 2. Set your priorities 3. Build a support network and many more. When I clicked the tab "Health" there were many different links about care giving. I read that cancer comes with a 69 percent five-year survival rate, which increased from 49 percent in 1975. I also learned that AARP Foundation Experience Corps change lives of over 31,000 children by helping them become better readers.

Background: This activity is based on the results of a recent study on the safety of airplane drinking water that was conducted by the U.S. Environmental Protection Agency (EPA). A study found that out of a random sample of 316 airplanes tested, 40 had coliform bacteria in the drinking water drawn from restrooms and kitchens. As a benchmark comparison, in 2003 the EPA found that about 3.5% of the U.S. population have coliform bacteria-infected drinking water. The question of interest is whether, based on the results of this study, we can conclude that drinking water on airplanes is more contaminated than drinking water in general.

Question 1: (Remember write all answer in an MS Word doc and upload)

Let p be the proportion of contaminated drinking water in airplanes. Write down the appropriate null and alternative hypotheses.

Question 2:

Based on the collected data, is it safe to use the z-test for p in this scenario? Explain.

Use the following instructions to conduct the z-test for the population proportion:

Instructions - 2 Options

Option 1: Click on the following link to use the MS Excel hypothesis test template: hypothesis.xls
R | StatCrunch | Minitab | Excel 2007 | TI Calculator

Question 3:

Now that we have established that it is safe to use the Z-test for p for our problem, go ahead and carry out the test. Paste the output below.

Question 4:

What is the test statistic for this test? (Hint: Calculation already done by either technology option.) Interpret this value.

Question 5:

What is the P-Value? Interpret what that means, and draw your conclusions. Assume significance level of 0.05.