Questions
Explain the innovation on China car sales due to Covid-19 impact. (40marks)

Explain the innovation on China car sales due to Covid-19 impact. (40marks)

In: Operations Management

The development of the internal-combustion engine caused fundamental changes in urban land-use patterns. The transformation from...

The development of the internal-combustion engine caused fundamental changes in urban land-use patterns. The transformation from the core-dominated city to the modern suburbanized city took only about 50 years. Given the rapid pace of technological change, it seems likely that some future innovation will cause another transformation of cities. Given your knowledge of science fiction and fact, describe an innovation that would cause fundamental changes in the spatial structure of cities

In: Physics

analyze the unemployment rate and inflation from 2000 - 2010 in the US. discuss the interest...

analyze the unemployment rate and inflation from 2000 - 2010 in the US.

discuss the interest rate fluctuations from 2000 - 2010 in the US

In: Economics

Use the following information from Dell Enterprise to answer the questions. 2010 Account Cost Retail Inv,...

  1. Use the following information from Dell Enterprise to answer the questions.

2010

Account

Cost

Retail

Inv, Jan 1

$ 10,000

21,000

Purchases

19,000

34,000

Freight In

1,000

Net Markups

6,700

Net Markdowns

5,100

Net Sales

23,000

Employee Discounts

4,000

Normal Shortage

500

  1. Using the Conventional Method, what is the Cost-to-Retail Ratio for 2010? Round to the nearly whole percentage.
  2. Using the Conventional Method, what is the ending inventory valued at Cost for 2010?
  3. Using the LIFO Retail Method, what is the Cost-to-Retail Ratio for 2010?

In: Accounting

In 2010, (when t = 0), the population of a country was 1.16 billion people and...

In 2010, (when t = 0), the population of a country was 1.16 billion people and increasing at a rate proportional to its population. If the population is measured in billions of people and time is measured in years since 2010, the constant of proportionality is 0.0138.

(a) Define the variables.

Let P be the population, in trillions of people, in year t, where t represents the number of years before 2010.

Let P be the population, in billions of people, in year t, where t represents the number of years before 2010.    

Let P be the population, in billions of people, in year t, where t represents the number of years since 2010.Let P be the population, in billions of people, in month t, where t represents the number of years before 2010.

Let P be the population, in billions of people, in year t, where t represents the current year.


(b) Write a differential equation to describe the relationship.

dP
dt

=

with initial condition P(0) = _____________

(c) Solve the differential equation.
P = _________________________

In: Math

Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date...

Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010.

Date Return
Jan-06 3.13
Feb-06 4.15
Dec-10 4.48


Source: Federal Reserve Bank of Dallas.

Estimate a linear trend model with seasonal dummy variables to make forecasts for the first three months of 2011. (Round answers to 2 decimal places.)

Year Month yˆty^t
2011 Jan
2011 Feb
2011 Mar

DATA:

Index Month Year Return
1 Jan 2006 3.13
2 Feb 2006 4.15
3 Mar 2006 3.18
4 Apr 2006 4.94
5 May 2006 4.34
6 Jun 2006 4.19
7 Jul 2006 5.12
8 Aug 2006 5.26
9 Sep 2006 3.81
10 Oct 2006 3.1
11 Nov 2006 3.87
12 Dec 2006 4.89
13 Jan 2007 3.94
14 Feb 2007 3.42
15 Mar 2007 4.13
16 Apr 2007 3.54
17 May 2007 4.58
18 Jun 2007 4.19
19 Jul 2007 4.62
20 Aug 2007 3.89
21 Sep 2007 3.62
22 Oct 2007 3.92
23 Nov 2007 4.46
24 Dec 2007 3.23
25 Jan 2008 4.78
26 Feb 2008 4.71
27 Mar 2008 5.05
28 Apr 2008 3.46
29 May 2008 3.15
30 Jun 2008 4.82
31 Jul 2008 3.87
32 Aug 2008 3.78
33 Sep 2008 3.22
34 Oct 2008 5.39
35 Nov 2008 4.78
36 Dec 2008 5.5
37 Jan 2009 4.8
38 Feb 2009 5.2
39 Mar 2009 3.82
40 Apr 2009 4.52
41 May 2009 3.53
42 Jun 2009 4.66
43 Jul 2009 5.46
44 Aug 2009 3.49
45 Sep 2009 3.75
46 Oct 2009 4.84
47 Nov 2009 4.83
48 Dec 2009 4.35
49 Jan 2010 4.63
50 Feb 2010 5.32
51 Mar 2010 4.75
52 Apr 2010 3.28
53 May 2010 4.8
54 Jun 2010 3.21
55 Jul 2010 4.4
56 Aug 2010 3.31
57 Sep 2010 4.81
58 Oct 2010 5.4
59 Nov 2010 3.54
60 Dec 2010 4.48

In: Statistics and Probability

Compact and analysis conception 1. Are all closed interval compact? for example [0,1]. are they closed...

Compact and analysis conception

1. Are all closed interval compact?

for example [0,1]. are they closed and bounded?

2. If i can find the Maximum and Minimum, does that mean the set is closed and bounded?

In: Advanced Math

• Describe one situation with real-world examples in which a programmer might want to create a...

• Describe one situation with real-world examples in which a programmer might want to create a loop that tests its condition in the beginning of the loop and one situation in which the condition is tested at the end of the loop.
• There are many situations where infinite loops may occur. Discuss those situations and provide best practices for each of the loop types that help avoid writing infinite loops.

In: Computer Science

1.) Many languages (e.g., C and Java) distinguish the character ’c’ from the string “c” with...

1.) Many languages (e.g., C and Java) distinguish the character ’c’ from the string “c” with separate sets of quotation marks. Others (e.g., Python) use “c” for both single characters and strings of length one. Provide (and justify) one advantage and one disadvantage of Python’s approach.

2.The designers of Java distinguish the primitive types (scalars) from the reference types (all other types of values) in the language. Discuss the costs and benefits to the programmer of this decision

3.In Ruby, the Hash class accepts the “each” method, allowing hashes to be interacted over, like a collection. In Java, however, the Map classes are not formally part of the JCF (Java Collections Framework). For both Ruby and Java, provide (and justify) an advantage of the language’s choice of location in the class hierarchy of its form of associative list

4.What are the basic differences, if any, in how Java and Ruby handle information hiding (a.k.a. encapsulation)?

5. Java and C++ support generic collections with type parameters, whereas Ruby does not. Does that fact place the Ruby programmer at a disadvantage? Why or why not?

In: Computer Science

Lan & Chen Technologies: Income Statements for Year Ending December 31 (Thousands of Dollars) 2010 2009...

Lan & Chen Technologies: Income Statements for Year Ending December 31

(Thousands of Dollars) 2010 2009
Sales $945,000 $900,000
Expenses excluding depreciation and amortization 812,700 774,000
EBITDA $132,300 $126,000
Depreciation and amortization 33,100 31,500
EBIT $99,200 $94,500
Interest Expense 10,470 8,600
EBT $88,730 $85,900
Taxes (40%) 35,492 34,360
Net income $53,238 $51,540
Common dividends $43,300 $41,230
Addition to retained earnings $9,938 $10,310
Lan & Chen Technologies: December 31 Balance Sheets
(Thousands of Dollars)
Assets 2010 2009
Cash and cash equivalents $47,250 $45,000
Short-term investments 3,800 3,600
Accounts Receivable 283,500 270,000
Inventories 141,750 135,000
Total current assets $476,300 $453,600
Net fixed assets 330,750 315,000
Total assets $807,050 $768,600
Liabilities and equity
Accounts payable $94,500 $90,000
Accruals 47,250 45,000
Notes payable 26,262 9,000
Total current liabilities $168,012 $144,000
Long-term debt 94,500 90,000
Total liabilities $262,512 $234,000
Common stock 444,600 444,600
Retained Earnings 99,938 90,000
Total common equity $544,538 $534,600
Total liabilities and equity $807,050 $768,600
Key Input Data
Tax rate 40%
Net operating working capital
2010 NOWC = Operating current assets - Operating current liabilities
2010 NOWC = -
2010 NOWC =
2009 NOWC = Operating current assets - Operating current liabilities
2009 NOWC = -
2009 NOWC =
Total net operating capital
2010 TOC = NOWC + Fixed assets
2010 TOC = +
2010 TOC =
2009 TOC = NOWC + Fixed assets
2009 TOC = +
2009 TOC =
Investment in total net operating capital
2010 2009
2010 Inv. In TOC = TOC - TOC
2010 Inv. In TOC = -
2010 Inv. In TOC =
Net operating profit after taxes
2010 NOPAT = EBIT x ( 1 - T )
2010 NOPAT = x
2010 NOPAT =
Free cash flow
2010 FCF = NOPAT - Net investment in operating capital
2010 FCF = -
2010 FCF =
Return on invested capital
2010 ROIC = NOPAT / Total net operating capital
2010 ROIC = /
2010 ROIC =
b. Assume that there were 15 million shares outstanding at the end of the year, the year-end closing stock price was $65 per share, and the after-tax cost of capital was 8%. Calculate EVA and MVA for the most recent year.
Additional Input Data
Stock price per share $65.00
# of shares (in thousands) 15,000
After-tax cost of capital 8.0%
Market Value Added
MVA = Stock price x # of shares - Total common equity
MVA = x -
MVA = -
MVA =
Economic Value Added
EVA = NOPAT - (Operating Capital x After-tax cost of capital)
EVA = - x
EVA = -
EVA =
Joshua & White Technologies: December 31 Balance Sheets
(Thousands of Dollars)
Assets 2010 2009
Cash and cash equivalents $21,000 $20,000
Short-term investments 3,759 3,240
Accounts Receivable 52,500 48,000
Inventories 84,000 56,000
Total current assets $161,259 $127,240
Net fixed assets 218,400 200,000
Total assets $379,659 $327,240
Liabilities and equity
Accounts payable $33,600 $32,000
Accruals 12,600 12,000
Notes payable 19,929 6,480
Total current liabilities $66,129 $50,480
Long-term debt 67,662 58,320
Total liabilities $133,791 $108,800
Common stock 183,793 178,440
Retained Earnings 62,075 40,000
Total common equity $245,868 $218,440
Total liabilities and equity $379,659 $327,240
Joshua & White Technologies December 31 Income Statements
(Thousands of Dollars)
2010 2009
Sales $420,000 $400,000
Expenses excluding depr. and amort. 327,600 320,000
EBITDA $92,400 $80,000
Depreciation and Amortization 19,660 18,000
EBIT $72,740 $62,000
Interest Expense 5,740 4,460
EBT $67,000 $57,540
Taxes (40%) 26,800 23,016
Net Income $40,200 $34,524
Common dividends $18,125 $17,262
Addition to retained earnings $22,075 $17,262
Other Data 2010 2009
Year-end Stock Price $90.00 $96.00
# of shares (Thousands) 4,052 4,000
Lease payment (Thousands of Dollars) $20,000 $20,000
Sinking fund payment (Thousands of Dollars) $0 $0
Ratio Analysis 2010 2009 Industry Avg
Liquidity Ratios
   Current Ratio 2.58
   Quick Ratio 1.53
Asset Management Ratios
   Inventory Turnover 7.69
   Days Sales Outstanding 47.45
   Fixed Assets Turnover 2.04
   Total Assets Turnover 1.23
Debt Management Ratios
   Debt Ratio 32.1%
   Times-interest-earned ratio 15.33
   EBITDA coverage ratio 4.18
Profitability Ratios
   Profit Margin 8.86%
   Basic Earning Power 19.48%
   Return on Assets 10.93%
   Return on Equity 16.10%
Market Value Ratios
   Earnings per share NA
   Price-to-earnings ratio 10.65
   Cash flow per share NA
   Price-to-cash flow ratio 7.11
   Book Value per share NA
   Market-to-book ratio 1.72
a. Has Joshua & White's liquidity position improved or worsened? Explain.
b. Has Joshua & White's ability to manage its assets improved or worsened? Explain.
c. How has Joshua & White's profitability changed during the last year?
d. Perform an extended Du Pont analysis for Joshua & White for 2008 and 2009.
ROE =           PM     x TA Turnover    x    Equity Multiplier
2010
2009

In: Accounting