In: Accounting
During 2018, Jack Harris sells a capital asset with an adjusted cost base of $87,200 for proceeds of $105,300. He receives a down payment of $5,300 in 2018, the second payment of $50,000 in 2019, and a final payment of $50,000 in 2020. What is the minimum amount that Jack will have to include in Net Income For Tax Purposes in 2018, 2019, and 2020 as a result of this sale?
In: Accounting
Suppose it is known that among all public colleges and universities, 19.7% of them are planning to move their summer 2020 classes online . If a simple random sample of 207 public colleges and universities is selected and the proportion p hat of this sample who are planning to move their summer 2020 classes online determined, if appropriate describe completely the sampling distribution of p hat.
In: Statistics and Probability
Economists at the Reserve Bank of Australia (Australia's central bank) forecast that between 2020 and 2040 the country's nominal GDP will grow by 5% each year. They also predict that the country's debt will grow by 6% between 2020 and 2030 and then will remain unchanged between 2030 and 2040. What do these predictions imply for Australia's debt-to-GDP ratio in 2030 and 2040?
In: Economics
in 2018, camrim corporation purchases 1,000 shares of tresury stock for $11 per share. in 2019 camrim reissues 110 shares of the tresury stock for $13 per share. in 2020, camrim reissues 440 shares of its tresury stock for $8 per share. the journal entry to record the reissuance of tresury stock year 2020 will debit retained earnigns for $______
In: Accounting
ABC company acquires and places in service two assets in March 2020: a forklift (7-year class asset) at a cost of 5000, and a truck (5-year class asset) at a cost of $12000. What is ABC's cost recovery deduction in 2020? Assume ABC is a calendar year taxpayer and does not take Sec.179 expense or first-year bonus depreciation.
In: Accounting
Pharoah company has 6500 shares of 5%, $100 par value, cumulative preferred stock and 13000 shares of $1 par value common stock outstanding in december 31,2020. There were no dividends declared in 2018. The board of directors declares and pays a $61100 dividend in 2019 and in 2020. what is the amoun of dividends recieved by the common stock holders in 2020.
In: Accounting
4.You have on your schedule to receive street light products from your regular vendor in July 2020.On the 10th June 2020, you learnt from the news that the Vendor’s warehouse has been destroyed by fire and that they may not be able to recover in the next 12 months.
What type of Risk is this? Mention 4 possible things you will do?
In: Operations Management
On March 31st, 2020, you take delivery of a $100,000 T-bond that matures on October 31st, 2030. The coupon rate on the T-bond is 4.20% and the current yield to maturity on the bond is 3.80%. The last coupon payment occurred on October 31st, 2019 and the next coupon payment occurs on April 30th, 2020. Calculate the clean and dirty prices of this transaction.
In: Finance
Case Study 1
Reference: Hutt, M. & Speh, T. (2014), Business Marketing Management: B2B (11th edition), South-Western Cengage Learning.
Chapter 6 – Case Study page. 171-172
Schwinn: Could the Story Have Been Different?
At its peak, Schwinn had more than 2000 U.S. employees, produced hundreds of thousands of bicycles in five factories, and held 20 percent of the market. Today, however, Schwinn no longer exists as an operating company. The firm, founded in 1895, declared bankruptcy in 1992 and closed its last factory one year later. The Schwinn name is now owned by Canada-based firm and all of the bikes are manufactured in Asia. Harold L. Sirkin, a senior vice president at Boston Consulting Group, argues that Schwinn's story could have been different. He outlines two alternative pathways that might have provided a happier ending to the Schwinn story.
Alternative Reality One: Aim High
Under this scenario, Schwinn decided to center on midrange and premium segments of the market, leaving low-end bicycles for competitors. However, the firm determined that it could substantially reduce cost by turning to low-cost partners in rapidly developing economies for labor-intensive parts. Schwinn interviewed hundreds of potential suppliers and locked the best ones into long-term contracts. Schwinn then reconfigured its operations to perform final assembly and quality inspection in the United States. Still, the changes forced Schwinn to make some painful choices- nearly 30 percent of the workforce was laid off. However, such moves allowed Schwinn to produce bikes at half the previous cost, maintain a significant position in the midrange bicycle market, and leverage its product design capabilities to build a strong position for its brand in the high-end market. As a result, Schwinn is extremely competitive in the U.S. market and is a major exporter of premium bikes to China and Europe. Because of this growth, Schwinn now employs twice as many people in the United States as it did before outsourcing began.
Alternative Reality Two: If You Can't Beat Them, Join Them
Schwinn went on the offensive and moved as quickly as possible to open its own factory in China. By bringing its own manufacturing techniques and by training employees in China, Schwinn was able to achieve high quality and a much lower cost. However, the decision meant that 70 percent of Schwinn's U.S. workers would lose their jobs. But Schwinn kept expanding its China operations and soon started selling bicycles in Chinese market, not only at the low-end but also to the high-end, luxury segment, leveraging its brand name. Schwinn then extended its global operations and reach by adding new facilities in Eastern Europe and Brazil. The company has sold over 500,000 bikes in new markets.
My question is
How distinctive types of international strategy and the essential components of a global strategy are applied to this case study? Apply the theory studied in chapter 6 as well in other chapters to answer the question and also support the answer with other academic resources. (500 words).
it says that it is from chapter 6 of the Book Business Marketing Management (11 edition), Chapter 6.
In: Operations Management