Do you think the standard IMF policy prescription of tight monetary policy and reduced government spending are always appropriate for developing nations experiencing a currency crisis? How might the IMF change its approach? What would the implications be for international businesses? Please give your response in essay format by creating a document. Your response should be double-spaced and at least two page long not including headings and references, 12-point Times New Roman Fonts, 1-inch margins all the way around. Make sure to list any reference, even the textbook. Do not retype the question itself. Just write your essay. Please write all your references in mla format!!!!!!!!!!!!!!!!!!!!
In: Economics
Bank of America’s Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 17 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was $861, and the sample variance of the difference was $2,788,900. (PLZ DONT COPY AND PASTE FROM OTHER ANSWERS, THIS HAS DIFFERENT VARIABLES,, THANK YOUUU)
a. Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out.
b. Use a 0.05 level of significance. Can you conclude that the population means differ? What is the p‐value?
c. Which category, groceries or dining out, has a higher population mean annual credit card charge? What is the point estimate of the difference between the population means? What is the 95% confidence interval estimate of the difference between the population means?
In: Statistics and Probability
This deals with the six debates over macroeconomic policy, which include stabilization policy, government spending, monetary policy on rules versus discretion, zero inflation target, balanced budget, public debt, and reforming tax laws.
There are pros and cons of using monetary and fiscal policy tools to stabilize the economy.
a, Explain the main arguments in favor of economic stabilization during recessions. Explain why policy lags could make stabilization policies counterproductive.
b. What are the justifications given in favor of more government involvement in the market economy? What are the reasons given in favor of less government involvement in the market economy?
In: Economics
Business Law
1) United Express is spending several Million dollars on an
advertising campaign about how environmentally responsible the
company is. the ads showcase the company's new all electric fleet
of delivery vans. The CEO of United Express is negotiating with
several airlines for the purchase of used passenger jets that will
be converted by carry backage. the problem is that these 20-30 year
old aircraft pollute ten times more than newer modern jets. Does
United Express have an ethical issue to deal with? briefly
explain.
In: Economics
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After completing its capital spending for the year, Carlson Manufacturing has $1,700 extra cash. The company’s managers must choose between investing the cash in Treasury bonds that yield 6 percent or paying the cash out to investors who would invest in the bonds themselves. |
| a. |
If the corporate tax rate is 36 percent, what personal tax rate would make the investors equally willing to receive the dividend or to let the company invest the money? (Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number, e.g., 32.) |
| Personal tax rate | % |
| b. | Is the answer to (a) reasonable? | ||||
|
| c. |
Suppose the only investment choice is a preferred stock that yields 7 percent. The corporate dividend exclusion of 70 percent applies. What personal tax rate will make the stockholders indifferent to the outcome of the company’s dividend decision? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Personal tax rate | % |
| d. | Is this a compelling argument for a low dividend payout ratio? | ||||
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In: Finance
Exercise 9-13 Revenue and Spending Variances [LO9-3]
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.60 | |||||
| Electricity | $ | 1,100 | $ | 0.07 | |||
| Maintenance | $ | 0.20 | |||||
| Wages and salaries | $ | 4,400 | $ | 0.40 | |||
| Depreciation | $ | 8,200 | |||||
| Rent | $ | 2,000 | |||||
| Administrative expenses | $ | 1,700 | $ | 0.05 | |||
For example, electricity costs are $1,100 per month plus $0.07 per car washed. The company expects to wash 8,400 cars in August and to collect an average of $6.40 per car washed.
The actual operating results for August are as follows:
| Lavage Rapide | ||
| Income Statement | ||
| For the Month Ended August 31 | ||
| Actual cars washed | 8,500 | |
| Revenue | $ | 55,860 |
| Expenses: | ||
| Cleaning supplies | 5,540 | |
| Electricity | 1,658 | |
| Maintenance | 1,920 | |
| Wages and salaries | 8,120 | |
| Depreciation | 8,200 | |
| Rent | 2,200 | |
| Administrative expenses | 2,020 | |
| Total expense | 29,658 | |
| Net operating income | $ | 26,202 |
Required:
Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
In: Accounting
After spending $ 9,000 on? client-development, you have just been offered a big production contract by a new client. The contract will add $ 196,000 to your revenues for each of the next five years and it will cost you $ 101,000 per year to make the additional product. You will have to use some existing equipment and buy new equipment as well. The existing equipment is fully? depreciated, but could be sold for $ 51,000 now. If you use it in the? project, it will be worthless at the end of the project. You will buy new equipment valued at $ 26,000 and use the? 5-year MACRS schedule to depreciate it. It will be worthless at the end of the project. Your current production manager earns $ 84,000 per year. Since she is busy with ongoing? projects, you are planning to hire an assistant at $ 41,000 per year to help with the expansion. You will have to immediately increase your inventory from $ 20,000 to $ 30,000. It will return to $ 20,000 at the end of the project. Your? company's tax rate is 35 % and your discount rate is 14.9 %. What is the NPV of the? contract?
Note?: Assume that the equipment is put into use in year 1.
| year 0 | |
| sales | $ |
| -cogs | $ |
| gross profit | $ |
| - annual cost | $ |
| - depreciation | $ |
| EBIT | $ |
| - tax | $ |
| Incrmenental earnings | $ |
| + depreciation | $ |
| -incrmental working capital | $ |
| - opportunity cost | $ |
| - capital investment | $ |
| incremental free cash flow | $ |
In: Finance
The Discussion article U.S. Health Care from a Global Perspective, 2019: Higher Spending, Worse Outcomes? and address the following criteria and post your response.
Your assessment of the status of the US healthcare system
Pick 2 of the Utilization metrics and use the graphs to demonstrate your understanding of the problem
Present a recommended course of action that policy makers can take to address both metrics that you chose
In: Nursing
Bank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment (U.S. Airways Attache, December 2003). Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, the sample mean difference was = $861, and the sample standard deviation was sd= $1,114.
In: Statistics and Probability
You will be responsible for writing a paper (2 pages, double-spaced) regarding Fiscal Policy (government spending or income taxes). Please use a credible business/economic newspaper (Wall Street Journal, Business Week, the Economist) and analyze the article. What is the article about? Who are affected? Why does the Congress implement expansionary or contractionary fiscal policy? How does the article relate to our lecture on Aggregate Demand?
In: Economics