Compile data on US GDP for the year 2017. Using this data, create a circular flow map of the US.
In: Economics
Comparing US transportation to that of European, how has European transportation proved to be more efficient than that of the US?
In: Economics
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?
In: Accounting
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. $13,750 tax credit received
Note: Please answer the right one because i have found the wrong answer on this one from different people.
In: Finance
Below are the jersey numbers of 11 players randomly selected from a football team. Find the range, variance, and standard deviation for the given sample data. What do the results tell us?
12 15 8 16 6 34 19 68 49 54 27
Range= "?"
Sample standard deviation= "?"
Sample variance = "?"
________________________________
What do the results tell us?
A. Jersey numbers on a football team do not vary as much as expected.
B. Jersey numbers on a football team vary much more than expected.
C. Jersey numbers are nominal data that are just replacements for names, so the resulting statistics are meaningless.
D. The sample standard deviation is too large in comparison to the range.
In: Statistics and Probability
On June 15, a US firm is planning to import Mexican caviar worth Pesos 2 million due on July 15 (one month later). The firm decides to hedge its payables position by using September peso futures. The spot rate on June 15 is US$ 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. |
Loss of $9,000 |
|
| c. |
Gain of $10,000 |
|
| d. |
Gain of $12,000 |
In: Finance
25. On June 15, a US firm is planning to import Mexican caviar worth Pesos 2 million due on July 15 (one month later). The firm decides to hedge its payables position by using September peso futures. The spot rate on June 15 is US$ 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
In: Finance
In 2016, the US Department of Agriculture established a “maximum
acceptable” salmonella
prevalence of 15.4 percent for chicken parts sampled at the end of
a slaughterhouse’s kill line. 54 of the
154 largest chicken-slaughter facilities in the US failed to meet
this standard in 2018. Assume that these
results are representative for all large chicken-slaughter
facilities. Suppose that in a random sample of 60
chicken parts from the large ACME chicken-slaughter facility (which
produces 1,000,000 chicken parts
per year), 45 chicken parts test negative for salmonella.
a) Report a point estimate for the prevalence of failing to meet
the chicken part salmonella standard
among large chicken-slaughter facilities, and test the null
hypothesis that this prevalence is 20%.
In: Statistics and Probability
1: Given the increase in population in the last 10 years, how do you explain the price decline in commodities?
2: Describe the various ways immigrants can legally enter into the United States.
3: What is President Trump’s healthcare proposal for the 2020 reelection? (6 bullet points) What could he apply from the Singapore healthcare system?
4: Define skill transferability. How does this apply to migrants entering into the United States?
5: Based on the documentary “Living on one dollar” Suppose that Anthony and Rosa came to spend some time in the US. Describe the situation and make a comparison of what they will find in the US as a low-income family vs. what they have in Guatemala?
In: Economics
The Federal Reserve on Tuesday, March 3, 2020 took the emergency step of cutting the benchmark U.S. interest rate by half a percentage point, an attempt to limit the economic and financial fallout from the coronavirus. Consider the FX market and the money market diagrams we learned within asset approach to exchange rate determination and answer the following questions. Let US be the home country and Euro Area be the foreign country. a) Following the Fed’s decision, explain which schedule(s) shift in the US money market and why. b) Following the Fed’s decision, explain which schedule(s) shift in the FX market and why. c) What happens to the equilibrium E$/€ exchange rate? Why?
In: Economics