8. Nominal and real wages have increased over time in the U.S. How fast will your nominal wage increase if you receive an increase each year that is comparable to what has occurred on average since 1929? About how long will it take the purchasing power of your wage to double if your real wage increases at the average rate experienced in the U.S. since 1929?

The following is market information: Current spot rate of pound = $1.23 90-day forward rate of pound = $1.24 3-month deposit rate in U.S. = 1.1% 3-month deposit rate in Great Britain = 1.3% If you have $250,000 and use covered interest arbitrage for a 90-day investment, what will be the amount of U.S. dollars you will have after 90 days?

Part 2 - Scenario:

You are the manager of a hospital’s ER unit. Your CEO has heard that people have been criticizing the hospital’s wait time for ER services. Your CEO has asked you to present information on wait times at the ER to the hospital board of trustees and administrators. You requested data from your IT team on the wait times for recent ER visits (that is the data included in the excel sheet). Following the question prompts below, answer each of these questions to prepare a report that communicates your finding to your CEO, interprets the findings, and discussed the implications of the findings.

• Purpose: Identify the purpose of the analysis in this section. What questions do you hope to answer?
• Importance: State and explain the importance of this analysis to the department/organization. How will the findings be used?
• Methodology: State the statistical method used in this section.
• Findings: Copy and Paste all relevant output from Excel into this section (decide which output you think is relevant to include such as tables and charts). State your major findings from the included tables/charts.
• Interpretations/Implications: Discuss what the department/organization needs to do based on the findings.

Sexual Harrassment

The question posted by Chourok C on the Yahoo! Answers web page begins this way: I just started this job 2 weeks ago as the CEO’s personal assistant. He is married 3x and is a very charismatic man, the CEO of a self-built multi-million empire. After a few days, he suddenly asked me if he could take me out to diner in London, if I book my flights and hotel he will afterwards reimburse me. [1] It was then, she relates, that she knew he wanted to sleep with her. In her words, she’s “totally not interested, but wants to preserve the job by not rejecting him.” So she made an excuse to get out of it and her post continues: “He then bothered me for hours about giving him good reasons why I couldn’t go. Then he said OK, next week we will go to Milan! He is a very powerful man, and I just get nervous of him. But I really do not want to lose my job. What should I do?” [2]

Case Study 2 Questions

4.The poster called Srta. Argentina answers, “He can’t fire you because you rejected his sexual advances. You can sue him if he does. And you can file a sexual harassment claim against him.” [4]

-Sketch the harassment case against the CEO.

-If the CEO hired you to form an ethical defense of his behavior, what would the case look like?

6.Ethically, is there any difference between the boss threatening to fire her unless he gets what he wants and her threatening to turn him in unless she gets what she wants? If so, what is it? If not, why not?

An area hospital adopted a commercial Electronic Health Record and plans on adopting and integrating a Personal Health Record (PHR). The hospital CEO drafts the following vision statement “By using the latest technology, our hospital will improve how our patients experiences and engagement in their healthcare. Instead of patients coming to us for help, we will be there wherever and whenever they need us, asking, “How can we help you?” This initiative will make healthcare easier to access and more convenient to use, improve patients’ health, and reduce the rising cost of healthcare in our area.”

You are the Chief Health Informatics Officer and the CEO is seeking your input. The CEO asks you to prepare a response to this vision statement.

In your response include discussion about pros (at least 3) and cons (at least 3) of using a PHR. Consider the shifting demographics and discuss whether you think older adults (65+ years old) are receptive to using PHRs and social media and why (support your stance with scholarly evidence). Explain how social media data could be beneficial in the context of patient care or population health (in about 1 paragraph). Describe how patient-centered care is facilitated by using the PHR (at least1 paragraph). Lets shift gears and now think about the impact remote home monitoring could have on older adults. Describe one pro and one con of using remote home monitoring with this population.

PHR pros and cons - 3 points
Are older adults receptive to PHRs and social media - convincing argument - 5 points
Social media data in patient care or population health - 3 points
Patient-centered care - 5 points
Remote home monitoring - pros and cons - 2 points

The dollar can't seem to catch a break. The U.S. currency posted its fifth straight quarterly loss in the first three months of the year, puzzling investors who bet it would benefit from corporations repatriating cash in the wake of tax cuts signed into law late last year.

Many investors now believe uncertainty over U.S. policy, the risks of a global trade war and an acceleration in growth abroad mean more declines are in store for the dollar. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, was down 2.6% in the first quarter, extending a 12-month loss which now stands at 7.3%. The euro, yen and some emerging-market currencies, meanwhile, are up in 2018.

A drop in the dollar's value over the past year has had broad implications, which would likely intensify if the U.S. currency's decline continues. A weaker dollar helps make U.S. goods more competitive abroad, boosting profits for multinational companies and potentially buoying their stock prices. It also lifts prices for commodities such as oil, copper and gold, which are denominated in the U.S. currency and become more affordable to foreign investors when the dollar falls.

If the dollar falls too rapidly, however, that could shake faith in the U.S. economy and complicate the Federal Reserve's plans to tighten monetary policy. An extended fall also could juice inflation and spark concerns that consumer prices will rise too quickly.

Most recently, investors have been spooked by a trade spat with China, after President Donald Trump threatened to levy tariffs on as much as $60 billion of imports from China, while Beijing announced retaliatory measures. The dollar edged lower on that news, although its losses were counterbalanced by steeper drops in other currencies.

The threat of a trade war "has certainly not had a constructive impact on the dollar," said Christian Lawrence, a senior market strategist at Rabobank. "The market interprets trade wars as potentially bad for the U.S."

Based on the article, please answer following questions:

2pt. What happened to the value of dollar in the past 12 month?

2pt. How does a weaker dollar affect US current account and US MNCs earnings?

2pt. How does a weaker dollar affect major commodities’ price level around the world?

2pt. How do a trade war and weaker dollar affect global investors’ confidence on the US economy, e.g. US inflation, competitiveness and other fundamentals?

8. Outward shifts of the U.S. production possibilities frontier can be caused by

Group of answer choices

human actions such as wars and environmental pollution.

advances in technology and increases in human capital (education).

natural disasters such as earthquakes, hurricane, floods and epidemics.

the discovery and development of new sources of raw materials in Brazil, Canada, or Russia.

increasing the current production of consumption goods and decreasing the current production of capital goods.

1. In Question 8, mutual gain would result if ____ trades away ____ in return for ____.

Group of answer choices

the U.S., one car, 15 computers.

the U.S., five computers, one car.

the U.S., 15 computers, one car.

Canada, one car, 15 computers.

Canada, one computer, 15 cars.

9. Given 100 hours of labor, if the U.S. can produce either 1000 computers or 100 cars and Canada can produce either 800 computers or 40 cars, then

Group of answer choices

the U.S. has a comparative advantage (CA) in both computers and cars.

the U.S. has a CA in computers and should specialize in the production of computers.

the U.S. has a CA in cars and should specialize in the production of cars.

Canada has a CA in cars and should specialize in the production of cars.

Canada has a CA in computers and should specialize in the production of cars.

2. If (i) the price of pepperoni (a pizza topping or input) increases, (ii) pizza is a normal good in consumption, and, (iii) consumer income increases, then the equilibrium quantity of pizza

Group of answer choices

will decrease but the change in the equilibrium price of pizza is indeterminate.

will increase but the change in the equilibrium price of pizza is indeterminate.

may increase, decrease, or not change but equilibrium price of pizza will not change.

may increase, decrease, or not change but the equilibrium price of pizza will increase.

may increase, decrease, or not change but the equilibrium price of pizza will decrease.

32. If the demand for a good is inelastic, then (own) price elasticity coefficient E_d

Group of answer choices

equals 0 and so a 50% increase in price will not change the quantity demanded, Q^d.

is greater than 1 and so a 10% increase in price will decrease Q^d by more than 10%.

is less than 1 and so a 5% decrease in price will increase Q^d by less than 5%.

is less than 1 and so a 15% decrease in price will increase Q^d by more than 15%.

the demand curve is vertical.

42. If Bo Bob’s Burgers sells 200 deluxe burgers at $6 and 800 deluxe burgers at $4, then (using the midpoint formula) the (own) price elasticity of deluxe burger demand, Ed, is

Group of answer choices

0.33.

1.5.

2.67.

3.0.

10.0.

Antioch Company makes eBook readers. The company had the following amounts at the beginning of 2018: Cash, $671,000; Raw Materials Inventory, $67,000; Work in Process Inventory, $24,000; Finished Goods Inventory, $61,000; Common Stock, $601,000; and Retained Earnings, $222,000. Antioch experienced the following accounting events during 2018. Other than the adjusting entries for depreciation, assume that all transactions are cash transactions.

Paid $31,000 of research and development costs.

Paid $59,000 for raw materials that will be used to make eBook readers.

Placed $89,000 of the raw materials cost into the process of manufacturing eBook readers.

Paid $73,000 for salaries of selling and administrative employees.

Paid $101,000 for wages of production workers.

Paid $90,000 to purchase equipment used in selling and administrative offices.

Recognized depreciation on the office equipment. The equipment was acquired on January 1, 2018. It has a $10,000 salvage value and a eight-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($90,000 – $10,000) ÷ 8 = $10,000.

Paid $154,000 to purchase manufacturing equipment.

Recognized depreciation on the manufacturing equipment. The equipment was acquired on January 1, 2018. It has a $26,000 salvage value and a eight-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($154,000 – $26,000) ÷ 8 = $16,000.

Paid $49,000 for rent and utility costs on the manufacturing facility.

Paid $76,000 for inventory holding expenses for completed eBook readers (rental of warehouse space, salaries of warehouse personnel, and other general storage cost).

Completed and transferred eBook readers that had total cost of $245,000 from work in process inventory to finished goods.

Sold 830 eBook readers for $428,000.

It cost Antioch $132,800 to make the eBook readers sold in Event 13.

Prepare a schedule of cost of goods manufactured and sold for the year. (Amounts to be deducted should be indicated with a minus sign.)

Prepare a formal income statement for the year.

Prepare a balance sheet for the year.

Antioch Company makes eBook readers. The company had the following amounts at the beginning of 2018: Cash, $660,000; Raw Materials Inventory, $67,000; Work in Process Inventory, $35,000; Finished Goods Inventory, $47,000; Common Stock, $590,000; and Retained Earnings, $219,000. Antioch experienced the following accounting events during 2018. Other than the adjusting entries for depreciation, assume that all transactions are cash transactions.

1. Paid $29,000 of research and development costs.

2. Paid $64,000 for raw materials that will be used to make eBook readers.

3. Placed $98,000 of the raw materials cost into the process of manufacturing eBook readers.

4. Paid $69,000 for salaries of selling and administrative employees.

5. Paid $102,000 for wages of production workers.

6. Paid $66,000 to purchase equipment used in selling and administrative offices.

7. Recognized depreciation on the office equipment. The equipment was acquired on January 1, 2018. It has a $16,000 salvage value and a five-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($66,000 – $16,000) ÷ 5 = $10,000.

8. Paid $157,000 to purchase manufacturing equipment.

9. Recognized depreciation on the manufacturing equipment. The equipment was acquired on January 1, 2018. It has a $21,000 salvage value and a eight-year life. The amount of depreciation is computed as [(Cost – salvage) ÷ useful life]. Specifically, ($157,000 – $21,000) ÷ 8 = $17,000.

10. Paid $54,000 for rent and utility costs on the manufacturing facility.

11. Paid $77,000 for inventory holding expenses for completed eBook readers (rental of warehouse space, salaries of warehouse personnel, and other general storage cost).

12. Completed and transferred eBook readers that had total cost of $255,000 from work in process inventory to finished goods.

13. Sold 820 eBook readers for $421,000.

14. It cost Antioch $155,800 to make the eBook readers sold in Event 13.

c-1 Prepare a schedule of cost of goods manufactured and sold for the year. c-2. Prepare a formal income statement for the year. c-3. Prepare a balance sheet for the year.