1. Which of the following organizations would analyze their market environments, find a competitive advantage, and create a marketing mix?
A. a publisher of hunting and fishing magazines

B. a manufacturer of gym equipment

C. the United States Postal Service

D. a Pizza Hut franchise in Mumbai, India

E. all of the above

2. Finding a place to live in Mumbai, India, has been getting harder these days for people who are not vegetarians. Vegetarianism is a centuries-old custom among the Indian population, but the requirement is becoming more obvious as non-vegs are being segregated from vegs. This is important consumer information to a McDonald's franchisee and reflects how _____ shapes consumer behavior.

A. consumer expectation

B. stimulus reaction

C. culture

D. geographic segmentation

E. consumer impulse

3, Which of the following is an example of an individual factor that influences Bil Naggin's decision to buy a Sharps black powder cartridge rifle?

A. his culture

B. his interest in the Civil War

C. the fact his great-great grandfather died during the Civil War

D. the fact his favorite book is Red Badge of Courage

E. his desire to experience what it was like to be a Civil War soldier

In terms of leadership, answer the following prompts, please.

From the Book Learning Leadership

Put aside some time to reflect on your own Personal-Best Leadership Experience. Here are some ideas to guide your reflection and analysis:

1. Describe the situation. Who was involved, and what was your role?

2. Why did you take on this initiative, how did you experiment and challenge existing ways of doing things, and how did you deal with risks?

3. As you looked forward to the time when the project would be completed, what did you dream about, and how did you build a sense of enthusiasm and excitement for the endeavor and reflect the hopes and dreams of other people on the team?

4. How did you involve others in planning and decision making, foster cooperation, build trust, and enhance the competence and confidence of your colleagues?

5. What were the values that you held yourself and others accountable to, and how did you lead by example and keep yourself focused and not sidetracked?

6. How did you recognize individual contributions, celebrate team accomplishments, create a spirit of camaraderie, and generate genuine appreciation?

Compile data on US GDP for the year 2017. Using this data, create a circular flow map of the US.

Comparing US transportation to that of European, how has European transportation proved to be more efficient than that of the US?

Tree Company

The following transactions occurred during the month of October, 2019 at the Tree Company.

The balance sheet for the Tree Company at September 30, 2019 was as follows:

Balance Sheet

Assets                                                                                      Liabilities

Cash                        $ 4,500                         Accounts payable             $             16,000

Accounts receivable 24,000                         Notes payable                         30,000

Supplies on hand          8,000                         Wages & salaries payable        5,000

Equipment                  51,000                         Invested capital                       50,000

Truck                          20,000                         Retained earnings                     6,500

        $107,500                                                                     $107,500

According to the Chart of Accounts at Tree Company, the following accounts besides those

listed in the balance sheet above are available:

Advertising expense

Bonus expense

Bonus payable

Decline in value of equipment (expense)

Decline in value of truck (expense)

Insurance expense

Interest expense

Prepaid insurance

Rent expense

Service revenue

Supplies expense

Utilities expense

Wage and salaries expense

Record the opening balances in the appropriate T-accounts, and then make the entries required to

record the following:

a) Mr. Tree, the owner, invested an additional $20,000 in the business.

b) Rent in the amount of $7000 was paid in cash for the month of October.

Tree Company 2

c) Supplies were purchase on credit at a cost of $3000.

d) Credit customers were sent invoices totaling $23,000 for services rendered during the

month.

e) Cash customers paid $10,000 for services rendered to them during October (Note: Total

of credit and cash sales was $33,000).

f) Cash in the amount of $17,000 was received from customers for services rendered in

previous months.

g) A six-month insurance policy, with coverage beginning on October 1, 2001, was

purchased for $3000 in cash.

h) The invoice from the utility company in the amount of $3800 was received and paid.

i) The accountant for Tree estimated that the truck declined in value by $1000 and that

the equipment declined in value by $2500 during October.

j) Additional equipment to be used in the service activity was purchased on credit at a

price of $7500.

k) Wages and salaries earned by employees for the month totaled $13,000.

l) Total cash payment of wages and salaries during the month was $12,000, including

$5000 that was payable at the beginning of the month.

m) Invoices from suppliers for supplies and equipment received in previous months were

paid in the amount of $14,500.

n) A count and valuation of supplies on hand at the end of the month revealed an end of

month balance of $6500.

o) Tree Company paid $5500 to the bank from which the company was borrowing:

$5000 in principal repayment and $500 interest.

p) Advertising for the month totaled $1750, paid in cash.

q) In return for extra services that the general manager rendered to the company during

October, Mr. Tree agreed that the company would pay a bonus to the general manager

equal to 10 percent of Octobers’ sales; this bonus is to be paid on November 10.

Prepare an income statement for the month of October and a balance sheet as of October 31, 2019.

Brad and Jen are husband and wife. Five years ago, Brad and Jen, together with their friend, Angie, set up a company called Organics Farm Pty Ltd (Organics Farm) to operate an organic farming business in Queensland. The three of them met at the University where Brad and Jen were each completing a degree in agriculture and Angie a degree in commerce. All three have a passion for organic produce. When they set up the company after completing their university studies, it was agreed by the three of them that they would have equal shares in the company and that they would all be directors. It was also agreed that Brad and Jen would be responsible for the day to day running of the farm whilst Angie would be responsible for the finances and the marketing and sale of the organic produce. The business has been running successfully and it now has a strong market presence throughout Australia. During one of Organic Farm’s board meetings, Angie proposed that they look towards expanding into the Asian market. Angie explained that she had done some research and that her investigations showed there was a demand for organic produce. She suggested using the company’s surplus funds to conduct further market research into the export market. Brad and Jen voted against this proposal because they wanted to use the surplus funds to donate to the local school to build a swimming pool which Brad hoped would be named after his grandfather. Angie queried whether this was an appropriate use of corporate funds given that the demand for organic produce was just starting to grow in Asia and that Organics Farm could really capitalise on this growing demand. But Angie’s concerns were dismissed by Brad and Jen. Shortly after this board meeting, Brad and Jen called a general meeting of Organic Farm’s shareholders and a resolution was passed removing Angie as a director. In the next board meeting, Brad and Jen resolved to increase directors’ remuneration and to stop paying dividends.

(a) What action can Angie take against Brad and Jen in relation to the donation of funds to the local school? Angie believes that there has been a breach by Brad and Jen of their common law and statutory duty to act in good faith, in the best interests of the company and for a proper purpose.

(b) What action can Angie take against Brad and Jen for the non-payment of dividends?

Assume a Spanish affiliate repatriates as dividends one quarter of the after tax profits it earns( i.e dividend payout ratio = 25%). If the income tax rate in Spain is 30% and there is a withholding tax of 15% what is the effect on the parent company’s US tax bill if the Spanish affiliate had pre-tax profit equal to $1000,000 ? Assume the US tax rate is 35%.

Select the right answer:
a. $12,500 additional taxes paid
b. $12,500 tax credit received
c. $13,750 additional taxes owed
d. $13,750 tax credit received

Note: Please answer the right one because i have found the wrong answer on this one from different people.

On June 15, a US firm is planning to import Mexican caviar worth Pesos 2 million due on July 15 (one month later). The firm decides to hedge its payables position by using September peso futures. The spot rate on June 15 is US$ 0.0630 / peso and the September futures price on June 15 is at $0.0665 per peso. One month late on July 15, the spot rate is $0.0570 / peso while the September futures price is $0.0615 / peso. Assume contract size is 2 million pesos.

What is the gain or loss from the futures hedge:

25. On June 15, a US firm is planning to import Mexican caviar worth Pesos 2 million due on July 15 (one month later). The firm decides to hedge its payables position by using September peso futures. The spot rate on June 15 is US$ 0.0630 / peso and the September futures price on June 15 is at $0.0665 per peso. One month late on July 15, the spot rate is $0.0570 / peso while the September futures price is $0.0615 / peso. Assume contract size is 2 million pesos. What is the gain or loss from the futures hedge:

a. Loss of $10,000 b. Gain of $10,000 c. Gain of $12,000 d. Loss of $9,000