1. The return on shares of Valley Transporter is predicted under the following various economic conditions:
Recession  -0.14
Normal +0.07
Boom +0.24
If each economy state has the same probability of occurring, what is the variance of the stock?
Place your answer in decimal form using four decimal places.

2. The return on shares of the Orange Company are predicted under the following states of nature. The states of nature are all equally likely, and because there are a total of three states, each state has a 33.333% chance of occurring.

Recession  -0.14
Normal +0.07
Boom +0.20

What is the standard deviation of Orange?
Place your answer in decimal form, for example as say .0675 and not 6.75.

3. The return on the Rush Corporation in the state of recession is estimated to be -24% and the return on Rush in the state of boom is estimated to be 35%. The return on the Oberman Corporation in the state of recession is estimated to be 42% and the return on Oberman in the state of boom is estimated to be -19%. Given this information, what is the covariance between Rush and Oberman if there is a 0.70 probability that the economy will be in the state of boom and a 0.30 probability that the economy will be in the state of recession.

Place your answer in decimal form and not as a percentage.

****Please show how to get all anwsers

Narcotics, Narcotic Antagonists, and Antimigraine Agents Case Study Assignment

DJ is a 30 year old female admitted to the ED with a complaint of severe pain to her upper back and neck that started after she was rear ended 3 days ago.

Recent History

DJ denies any history of surgeries or ongoing medical problems. She states she works as a physical therapist. She exercises regularly and eats healthy. She states she drinks alcohol rarely and does not smoke. She states she is on oral birth control and is not pregnant.

Medication Reconciliation List

Ibuprofen 200 mg PRN as needed for pain

Orthro Tri-Cyclen LO 1 tab PO daily

Additional Information for Consideration

After examination by the ED provider DJ is given Morphine 4 mg IM, Zofran 4 mg ODT, and Valium 5 mg PO for pain. She is awaiting laboratory and x-ray results when she is noted to have a decreased level of consciousness and slow respirations.

What is the primary focus of treatment at this point?

Name at least 2 medications that could be used to improve her condition.

Are there any other support measures that should be instituted?

1,

Which one of the following statement explains the definition of Type I error:

Pick one

2,

You test a hypothesis and you get a t-score = 2.87. If the p-value is 0.054 and the significance level alpha=0.05, you will be able to reject the null hypothesis. Pick one

True

False

3,

If the null hypothesis is µ = 0, which one of the following statements is a two-tailed alternative hypothesis? Pick One

4,

Suppose we divide the states into two groups. Let population H be states with high levels of state funding and population L be states with low levels of state funding.

If we want to examine whether state funding changes education performance, how would you state the null hypothesis and alternative hypothesis?

Note: you may use != to stand for "not equal to".

Take two identical closed strings, both tracing out exactly the same path in space. These two strings are coincident everywhere. Call this state I.

Take a single closed string following exactly the same closed path as in the first case, but not closing just yet. The string goes around exactly the same path once again before closing in on itself. Two cycles around the same closed path. Call this state II.

String field theory tells us unambiguously states I and II are distinct.

Stretch this closed path to make it much larger than the string scale. Supposedly, stringy nonlocality only happens at the string scale. States I and II still differ.

Partition target space into local regions the size of the string scale. The path cuts across a chain of such local regions. If string theory were local, we can reconstruct the state of the entire universe from the restricted states of each subregion if we allow for quantum entanglement between regions. Locally, states I and II ought to be indistinguishable over each local region. For each local region, we always see two string segments passing through it. Thus, states I and II have to be identical?

This can't be. Either string theory is inherently nonlocal over scales much larger than the string scale, or it obeys Maxwell-Boltzmann statistics and not Bose-Einstein statistics.

This isn't some Aharonov-Bohm effect. Even if we include all the local regions in the "interior" of the closed loop, this doesn't change matters the least bit.

PS. Please reread my question more carefully. What you call configuration III is actually my configuration I.

PPS: Let me try to understand your explanation. If we have N coincident strings, or a string which winds round the same loop N times or any other combination in between, this can be described by an SN discrete gauge symmetry. The conjugacy class of the holonomy of this discrete gauge symmetry around the loop distinguishes between the various combinations. Feel free to correct me if I am wrong. This has the flavor of parastatistics, does it not?

Lean Principles

Soft Glow, Inc. manufactures light bulbs. Its purchasing policy requires that the purchasing agents place each quarter's purchasing requirements out for bid. This is because the Purchasing Department is evaluated solely by its ability to get the lowest purchase prices. The lowest bidder receives the order for the next quarter (90 working days).

To make its bulb products, Soft Glow requires 45,000 pounds of glass per quarter. Soft Glow received two glass bids for the third quarter, as follows:

Mid-States Glass Company: $28.00 per pound of glass. Delivery schedule: 45,000 (500 lbs. x 90 days) pounds at the beginning of July to last for 3 months.

Cleveland Glass Company: $28.20 per pound of glass. Delivery schedule: 500 pounds per working day (90 days in the quarter).

Soft Glow accepted Mid-States Glass Company's bid because it was the low-cost bid.

Required:

1. All of the following are ways in which Soft Glow could develop long-term partnerships with its suppliers except:

a. share research and development efforts.

b. ignore internal costs caused by delivery delays while contracting on the best price point basis.

c. share production schedules.

d. establish electronic data interchange.

e. establish supplier raw materials logistical support.

b

2. All of the following statements are true regarding the hidden costs beyond the price of Mid-States Glass Company's bid except:

a. They are easy to determine, yet often overlooked.

b. They ignore additional internal costs of the higher inventory imposed by Mid-States Glasses' delivery schedule.

c. The hidden costs are incurred by other parts of the organization, not purchasing.

d. The hidden costs include costs for additional space and handling.

e. The hidden costs include costs of obsolescence and financing.

a

3. Considering just inventory financing costs, what is the additional cost per pound of Mid-States Glass Company's bid if the annual cost of money is 10%? Round to the nearest cent.
$ per lb.

Please answer part 3 of the question with step by step explanation. Thanks

Lucky Traders is a subsidiary of United Traders, a US based trading company with a 31
December year end, and it is involved in the buying and selling of electronic accessories. Most of
the inventories that Lucky Traders sells are imported from the parent company that is based in
America.
Given the nature of the business, Mr. Luckiness expresses his concern on the fact that the
company is trading with companies that are not local companies. The company has been
experiencing losses, because of this; Mr. Luckiness is concerned that the company’s functional
currency is US Dollars as the invoices that they receive are quoted in US Dollars.
The consultant company for Lucky Traders have recommended that the company should enter a
Foreword Exchange contract to hedge for the risk of the exchange rate.
On 1 December 2019 Lucky Traders entered into the contract with Take A Little an American
based company to supply to them 15 000 boxes of accessories when the exchange rate was $ 1:
NAD14.00 and each of the box worth US$ 1 589. The stock was shipped FOB on the 10th
December 2019 when the exchange rate was $1: NAD13.00.
Due to the delay in the customs and clearance of the orders stock only arrived at the premises of
Lucky Traders on 15 December 2019 when the exchange rate was $1:NAD16.00 the debt was
not settled as at 31 December 2019 and the final payment was only made on the 31 January
2020. When the exchange rate was $1: NAD 17.50 at 31 December 2019
The company entered the FEC contract with Capelex Bank to fix the rate on the 31 January 2020
at $1:NAD15.50. Due to the outbreak of Covid-19 US Dollar has strengthen and Namibian dollar
has declined and the rate moved to $1: NAD 18.00.

The Forward Exchange Contract had the rates below:
Date $:NAD
01/12/19 -
31/12/19 1:17.00
31/01/2020 1:21.00

Required:


2.3 Calculate total loss/gain made foreign exchange on the transaction above for the
year ended 31 December 2019

2.4 Prepare the journal entry on 31 January when the transaction was fully settled.

The Plastics Division of the United Chemical Co. manufacture s and sells a line of raw materials used by plastic converters in the fabrication of components for durable goods manufacture. The Plastics Division has three manufacturing plants that employ a two-step process using 39 pro-duction lines. They manufacture 4,000 final product s (grade/color combination s) for sale to 3,600 customers. Figure 1 describes the production facilities. There are significant differences among the various production lines. Some grades of products can only be produced on certain lines. There are differences in equipment capacity that dictates the run size that is most efficient in each line (see Figure 2 for run size/cost relationships for the range of equipment sizes). These differences in the production lines require constant monitoring by production scheduling in order to match the mix and volume of sales orders with the production capabilities to achieve the most economic production results. The Plastics Division uses a standard cost system for evaluating the performance of the production facilities. The financial reports being routinely prepared for use by division management currently include: l) Income statement,balance sheet, and cash flow statement for the division as a whole. 2) Standard cost performance reports for manufacturing. Upon special request, individual product-cost estimates are made. These estimates are usually used in pricing considerations. The Current Environment The division has grown rapidly in the past several years. Consequently, the business has become more complex because of the large number of customers, products, and production lines. The marketing department views the market (3,600 customers) as being made up of five major segments and twenty sub segments. The controller, Bill Brown, has observed that the decisions being made by the manufacturing manager are quite different from the decisions required of the marketing manager. Brown concluded that the different decisions require different financial information. He believed that through financial analysis his staff could provide marketing with data that could be used to guide marketing strategy and improve the profitability of the division. Brown observed that the lowest unit selling price of a product was about 30 percent of the division's highest priced product, and that the lowest unit cost was about 25 percent of the highest unit cost. He therefore reasoned that there must be a wide variation in profitability from product to product, customer to customer, and transaction to transaction. He concluded that a system was needed that would clearly define the profitability of each sale in order to provide the basis for marketing emphasis and pricing. However, significant questions remained in his mind.

What are the critical information needs of the marketing manager, the manufacturing manager, and the general manager?

What changes should Brown recommend United consider making? Explain the advantages these changes would bring.

1. As a result of improvements in product engineering, United Automation is able to sell one of its two milling machines. Both machines perform the same function but differ in age. The newer machine could be sold today for $51,500. Its operating costs are $20,200 a year, but in five years the machine will require a $19,900 overhaul. Thereafter operating costs will be $30,100 until the machine is finally sold in year 10 for $5,150.

The older machine could be sold today for $25,100. If it is kept, it will need an immediate $20,500 overhaul. Thereafter operating costs will be $29,900 a year until the machine is finally sold in year 5 for $5,150.   

Both machines are fully depreciated for tax purposes. The company pays tax at 35%. Cash flows have been forecasted in real terms. The real cost of capital is 11%.

a. Calculate the equivalent annual costs for selling the new machine and for selling the old machine.

2. Hayden Inc. has a number of copiers that were bought four years ago for $29,000. Currently maintenance costs $2,900 a year, but the maintenance agreement expires at the end of two years and thereafter the annual maintenance charge will rise to $8,900. The machines have a current resale value of $8,900, but at the end of year 2 their value will have fallen to $4,400. By the end of year 6 the machines will be valueless and would be scrapped.

Hayden is considering replacing the copiers with new machines that would do essentially the same job. These machines cost $34,000, and the company can take out an eight-year maintenance contract for $1,200 a year. The machines will have no value by the end of the eight years and will be scrapped.

Both machines are depreciated by using seven-year MACRS, and the tax rate is 40%. Assume for simplicity that the inflation rate is zero. The real cost of capital is 8%.

a. Calculate the equivalent annual cost, if the copiers are: (i) replaced now, (ii) replaced two years from now, or (iii) replaced six years from now.

3.

The president’s executive jet is not fully utilized. You judge that its use by other officers would increase direct operating costs by only $33,000 a year and would save $100,000 a year in airline bills. On the other hand, you believe that with the increased use the company will need to replace the jet at the end of three years rather than four. A new jet costs $1.23 million and (at its current low rate of use) has a life of seven years. Assume that the company does not pay taxes. All cash flows are forecasted in real terms. The real opportunity cost of capital is 7%.

a. Calculate the equivalent annual cost of a new jet.

b. Calculate the present value of the additional cost of replacing the jet one year earlier than under its current usage.

c. Calculate the present value of the savings.

Located in the United Kingdom, BestHomeInsurance has expanded to provide homeowners insurance in a number of European jurisdictions. Charles was previously a senior underwriter and now Head of Strategy for BestHomeInsurance’s online strategy. Charles has seen how the company’s business has grown rapidly through its online presence in a number of European countries and he is concerned that growth has been too rapid. As one of his first tasks in his new role Charles has decided to write up a report on the key external factors that must be considered in all premium setting exercises in each of their jurisdictions. What key external factors should be dealt with in Charles’ report?

If you were a globalization expert hired to advise a special committee in the United Nations which is charged with tackling the drug trafficking problem, what kind of advice would you give to them? Identify at least one global policy that would be effective in reducing drug trafficking, and one other policy that would not work as effectively. Explain briefly why the first would work but not the second. (Warning: the policy you will suggest has to be a "global policy", not a national policy that can be implemented only in the US. In other words the policy will have to take into consideration the needs of different cultures, and should be feasible to implement all over the world)