St. Paul Co. does business in the United States and New Zealand. In attempting to assess its economic exposure, it compiled the following information.

      a.   St. Paul’s U.S. sales are somewhat affected by the value of the New Zealand dollar (NZ$), because it faces competition from New Zealand exporters. It forecasts the U.S. sales based on the following three exchange rate scenarios:

                                                                               Revenue from U.S. Business

                         Exchange Rate of NZ$                              (in millions)

                                   NZ$ = $.48                                             $100

                                   NZ$ =   .50                                                105

                                   NZ$ =   .54                                                110

      b.   Its New Zealand dollar revenues on sales to New Zealand invoiced in New Zealand dollars are expected to be NZ$600 million.

      c.   Its anticipated cost of materials is estimated at $200 million from the purchase of U.S. materials and NZ$100 million from the purchase of New Zealand materials.

      d.   Fixed operating expenses are estimated at $30 million.

Variable operating expenses are estimated at 20 percent of total sales (after including New Zealand sales, translated to a dollar amount).

      f.    Interest expense is estimated at $20 million on existing U.S. loans, and the company has no existing New Zealand loans.

      Forecast net cash flows for St. Paul Co. under each of the three exchange rate scenarios. Explain how St. Paul's projected net cash flows are affected by possible exchange rate movements. Explain how it can restruc­ture its operations to reduce the sensitivity of its net cash flows to exchange rate movements without reducing its volume of business in New Zealand.

1) If the product is yak fat, and price of yak fat increases, what variable is affected, and is it a move along the D curve (Qd), or a new Demand curve?

Select one or more:

a. price

b. tastes and preferences

2) National health food fad sweeps the country, and the product is yogurt, what variable is affected, and is it a move along the D curve (Qd), or a new Demand curve?

Select one or more:

a. price

b. tastes and preferences

c. price of complimentary good

d. along the curve

e. new curve

c. price of complimentary good

d. along the curve

e. new curve

3) If the product is peanut butter, and the price of jelly increases, what variable is affected, and is it a move along the D curve (Qd), or a new Demand curve?

Select one or more:

a. price

b. tastes and preferences

c. price of complimentary good

d. along the curve

e. new curve

4) If the product is gasoline, and world income increases, what variable is affected, and is it a move along the D curve (Qd), or a new Demand curve?

Select one or more:

a. price

b. tastes and preferences

c. price of complimentary good

d. along the curve

e. new curve

f. income

5) If the product is Kid Rock tickets, and the price of concert tickets to see Kid Rock decreases, what variable is affected, and is it a move along the D curve (Qd), or a new Demand curve?

Select one or more:

a. price

b. tastes and preferences

c. price of complimentary good

d. along the curve

e. new curve

f. income

Above data shows 13 values of the variable "distance from hometown to campus" that were provided by the students in a recent statistics class.

A. Find the mean and the median.

_____mean (round to 1 decimal place in your answer)
____median

B. Suppose the family of the student with data value 3000 moves to Tel Aviv, Israel; this changes the data value for this student from 3000 to 6000. Calculate the new mean and new median when 3000 is replaced by 6000.

_____new mean (round to 1 decimal place in your answer)
_____new median

C. Now suppose that the families of the other 5 students whose values are greater than the median also move to new locations so that each student's data value is twice as large as the original data value. (The data values of the students less than the median do not change and the 6000 data value remains at 6000). Calculate the new mean and the new median.

______new mean (round to 1 decimal place in your answer)
_____new median

D. Suppose now that the 6 students whose data values are less than the median also move to new locations so that each student's data value is half as large as the original data value. (Note that half of 0 is 0; all the data values greater than the median keep the same new values from question 3). Calculate the new mean and the new median.

_____ new mean (round to 1 decimal place in your answer)
____new median

Sparrowhawk colonies. One of nature’s patterns connects the percent of adult birds in a

colony that return from the previous year and the number of new adults that join the colony. It

is expected that the percent return of adult birds from the previous year can be used to predict

how many new adult birds will join a colony. The data set sparrowhawk.xlsx contains

information for 13 colonies of sparrowhawks. The variables are the percent of adult birds in a

colony that return from the previous year (Percent return) and the number of new adults that

join the colony (New adults).

(a) Using an appropriate graphical display and the summary statistics, describe the distribution

of the percent of adult birds in a colony that return from the previous year (Percent return).

(b) Using an appropriate graphical format, display AND describe the relationship between the

percent of adult birds in a colony that return from the previous year (Percent return) and

the number of new adults that join the colony (New adults).

(c) Find the sample correlation coefficient between the percent of adult birds in a colony that

return from the previous year (Percent return) and the number of new adults that join the

colony (New adults). Comment.

(d) Fit a least-squares line to the data. Write down the equation of the fitted line (model) and

interpret all parameters in the model

(e) Predict how many new adult birds will join the colony, when 30% and 70% of the adults

from the previous year return respectively

how does Goodwill Impairment report on the following:

1- The main provisions of the new pronouncements

2- How the accounting treatment of the new pronouncement differs from before

3- he effective date(s) of the new pronouncement

4- How the accounting treatment compares with IFRS

Is "New" media really different?

So what do you think? Thinking about the ads you viewed and the readings, videos, and audio on "new" media, is the environment and conditions women face in “new” media really that different from “old” media? How? Why or why not?

Exercise 3.10 Identify suitable sub-processes in the process of Exercise 1.7 (page 31). Among these sub-processes, identify those that are specific to this process versus those that can potentially be shared with other processes of the same company

Exercise 1.7 Consider the following process at a company of 800 employees in the early 1990s. Almost any employee at the company can initiate a purchase request by filling in a form. The purchase request includes information about the goods to be purchased, the quantity, the desired delivery date, and the approximate cost. The employee can nominate a specific vendor. Employees often request quotes from vendors in order to get the required information. Completing the entire form can take a few days as the employee often does not have the required data. The quote is attached to the purchase request. This completed request is signed by two supervisors. One supervisor has to provide a financial approval, while the other supervisor has to approve the necessity of the purchase and its conformance with the company's policy (e.g., if purchasing a software tool, is it compatible with the company's standard IT operating environment?). Collecting the signatures from the two supervisors takes on average 5 days. If it is urgent, the employee can hand-deliver the form, otherwise it is circulated via internal mail. A rejected purchase request is returned to the employee. Sometimes, the employee makes minor modifications and resubmits the purchase request. Once a purchase request is approved, it is returned to the initiator of the request. The employee forwards the form to the purchasing department. Employees often make a copy of the form for their own record, in case the form gets lost. The purchasing department checks the completeness of the purchase request and returns it to the employee if it is incomplete. The purchasing department then enters the approved request into the company's enterprise system. If the employee has not nominated any vendors, a clerk at the Purchasing Department selects one based on the quotes attached to the purchase requisition, or based on the list of vendors (also called master vendor list) available in the company's enterprise system Sometimes, the quote attached to the request has expired in the meantime. In this case, an updated quote is requested from the corresponding vendor. Other times, the vendor who submitted the quote is not recorded in the company's enterprise system. In this case, the purchasing department should give preference to other vendors who are registered in the enterprise system. If no such vendors are available or if the registered vendors offer higher prices than the one in the submitted quote, the purchasing department can add the new vendor into the enterprise system. Then a vendor is selected, the enterprise system automatically generates a purchase order. The purchase purchase order is sent to the vendor by fax. A copy of the purchase order is sent to the counts payable office. This office, part of the financial department, uses an accounting system that is not integrated with the enterprise system, where purchase orders are stored. The goods are al poods are always delivered to the goods receipt department. When goods are received, at this department selects the corresponding purchase order in the enterprise system. clerk checks the quantity and quality, and generates a document called goods receipt from the purchase order stored in the enterprise system. The goods are forwarded to "ployee who initiated the purchase requisition. A print out of the goods receipt form is to the accounts payable office. If there are any issues with the goods, they are returned 1 Introduction to Business Process Management to the vendor and a note is sent to the purchasing department and to the accounts payable office for archival. The vendor eventually sends the invoice directly to the accounts payable office. A clerk at this office compares the purchase order, the goods receipt and the invoice. This latter task is called three-way matching. Three-way matching is time-consuming because the clerk needs to carefully investigate each discrepancy. The payment process takes so long that the company often misses the deadline for invoice payment and has to pay a penalty. At the end, the clerk triggers the bank transfer and sends a payment notice to the vendor. Some vendors explicitly indicate in their invoice the bank account number to which the transfer should be made. It happens that the bank account number and name indicated in the invoice differ from the one recorded in the vendor database. Sometimes payments bounce back, in which case the vendor is contacted by phone, email or postal mail. If new bank details are given, the transfer is attempted again. If the issue is still not resolved, the accounts payable office has to contact again the vendor in order to trace the cause of the bounced payment.

Pls show the process.

Cliff’s Canister Corp. (CCC) makes industrial canisters for the petro-chemical industry and is considering building a new plant. CCC has existing land for the plant that they paid $120,000 three years ago, but believe they believe they can only sell for $100,000 today. The new plant will require investing $400,000 in new equipment. The equipment will be depreciated to zero over the 4-year life of the project and the equipment will have a salvage value of $100,000 at the end of the project. Additionally, the new plant will require an additional investment in inventory of $20,000. CCC just finished a $40,000 environmental impact study for the proposed factory. If they build the new factory, CCC believes it can sell 1,000 new canisters every year over the 4 year life of the project. The canisters have a sales price of $200 each and a variable cost of $60 each. CCC’s cost of capital (discount rate) is 15% and their tax rate is 30%.

What is the IRR of the project?

What is the NPV of the project (round to the nearest dollar)?

Should CCC accept the new project?

A study was conducted to investigate whether a new diet lowers cholesterol. The researchers took a random sample of 100 subjects with high cholesterol and measured the cholesterol levels for each. Then each subject began the new diet as instructed. After six months, the subjects' cholesterol levels were measured again. The differences in cholesterol level, calculated as After - Before, follow an approximately normal distribution. Suppose a 99% confidence interval for the mean cholesterol difference is (-13.89, -7.66). Which of the following is a correct interpretation of this interval?

Nuke-A-Bird, Inc. sells frozen chicken meals. The company needs to purchase some new freezers for storing inventory. If the freezers are purchased, they will replace old freezers purchased 10 years ago for $105,000, and these are being depreciated on a straight-line basis to a zero book value (15-year depreciable life). The old freezers can be sold for $60,000 today, and $2,000 in 5 years. The new freezers will cost $200,000 installed and will be depreciated on a straight-line basis to a book value of 0. The new freezers will have a salvage value of $25,000 at the end of the 5th year. The firm expects to increase its pre-tax revenues by $50,000 per year if the new freezers are purchased, but cash expenses will also increase by $6,000 because the new freezers require greater electrical expense. If the firm's cost of capital is 10 percent and its tax rate on income and capital gains is 34%, what is the NPV of the new freezers?

a) What is the annual difference in the FCFF from the new project?

b) What is the NPV of the replacement decision?