c. The United Kingdom (UK) left the European Union (EU) at the end of January 2020. Ignore any condition or terms of exit from the EU. Briefly describe the expected effect of UK’s separation/divorce from EU on the economies in rest of world. Refer to the definition that an economy is small when world prices and interest rates are independent of domestic economic conditions and your classification of the UK. (You are applying your knowledge about small or large open economy here)
In: Economics
In December of each year, Eleanor Young contributes 10% of her gross income to the United Way (a 50% organization). Eleanor, who is in the 24% marginal tax bracket, is considering the following alternatives for satisfying the contribution.
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Eleanor has asked you to help her decide which of the potential contributions listed above will be most advantageous tax-wise. Evaluate the four alternatives and complete a letter to Eleanor.
In: Accounting
United Oil Company is attempting to develop a reasonably priced unleaded gasoline that will deliver higher gasoline mileages than can be achieved by its current unleaded gasolines. As part of its development process, United Oil wishes to study the effect of two independent variables—x1, amount of gasoline additive RST (0, 1, or 2 units), and x2, amount of gasoline additive XST (0, 1, 2, or 3 units), on gasoline mileage, y. Mileage tests are carried out using equipment that simulates driving under prescribed conditions. The combinations of x1 and x2 used in the experiment, along with the corresponding values of y, are given below.
| RST Units (x1) |
XST Units (x2) |
Gas Mileage (y, mpg) |
| 0 | 0 | 27.73 |
| 0 | 0 | 28.95 |
| 0 | 0 | 28.05 |
| 1 | 0 | 29.25 |
| 1 | 0 | 30.58 |
| 2 | 0 | 28.97 |
| 2 | 0 | 29.18 |
| 0 | 1 | 32.60 |
| 0 | 1 | 33.03 |
| 1 | 1 | 33.85 |
| 1 | 1 | 34.09 |
| 0 | 2 | 32.61 |
| 0 | 2 | 33.81 |
| 1 | 2 | 34.95 |
| 1 | 2 | 35.53 |
| 1 | 2 | 35.63 |
| 2 | 2 | 33.01 |
| 2 | 2 | 34.43 |
| 2 | 2 | 34.14 |
| 1 | 3 | 33.54 |
| 2 | 3 | 32.41 |
| 2 | 3 | 33.81 |
Using the model, y = β0 + β1x1 + β2x12 + β3x2 + β4x22 + ε, calculate the point estimate.
In: Statistics and Probability
4.
The United Nations' Human Settlements Program forecast that by the year 2020 what percent of the world's population would live in poverty?
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25 percent. |
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35 percent. |
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45 percent. |
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55 percent. |
7.
The Federal Trade Commission advocates which of the following for business security?
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Take stock. |
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Scale down. |
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Pitch it. |
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All of the above. |
8.
In 2009 the U.S. government announced plans to spend how much to spur the use of digital or electronic patient records, as part of a national effort to reduce medical costs?
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19 million. |
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19 billion. |
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119 billion. |
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None of the above. |
In: Operations Management
In: Accounting
Using the information presented in the Financial Statements of United Health Care, a major HMO, compute financial ratios for 1994 and 1995 and discuss some of the primary observations that you would conclude regarding the financial performance of the firm. Provide an overall evaluation of the financial position of this company.
United Healthcare Financial Ratios
Health Plan Median 2017 2016 2015
Liquidity
Current 1.32 1.18 2.87 .93
Days in Receivables 22.5 ? ? 19.8
Days Cash on Hand 89.9 ? ? 53.6
Capital Structure
Equity Financing % 48.9 ? ? 60.7%
Long Term Debt to Equity % 13.0 ? ? 3.67%
Cash Flow to Total Debt % 15.0 ? ? 37.7%
Times Interest Earned 13.1 ? ? 109.5
Activity
Total Asset Turnover 1.55 ? ? 1.74
Fixed Asset Turnover 16.8 ? ? 24.6
Current Asset Turnover 2.88 ? ? 5.07
Profitability
Total Margin % 3.6 ? ? 6.81
Return on Equity % 11.6 ? ? 19.6
Income Statement (000$)
Fiscal Year Ending 12/31/17 12/31/16 12/31/15
Net sales 5,670,878 3,768,882 3,115,202
Cost of goods 3,930,933 2,643,107 2,236,588
Gross profit 1,739,945 1,125,775 878,614
Selling, general and administration 1,030,906 555,649 491,635
Income before depreciation and 709,039 570,126 386,979
amortization
Depreciation and amortization 94,458 64,079 50,628
Nonoperating income -153,796 -35,940 122
Interest expense 771 2,163 3,046
Income before taxes 460,014 467,944 333,427
Provision for income tax 170,205 177,822 119,379
Minority interest 3,845 1,983 1,970
Net income before extraordinaries 285,964 288,139 212,078
Extraordinary items and discounted
Operations NA 1,377,075 NA
Net income 285,964 1,665,214 212,078
United Healthcare Corporation Balance Sheet (Data in Thousands)
Fiscal Year Ending 12/31/17 12/31/16 12/31/15
Assets
Cash 940,110 1,519,049 228,260
Marketable securities 863,815 135,287 172,610
Receivables 550,313 167,369 169,075
Other current assets 512,883 86,510 44,023
Total current assets 2,867,121 1,908,215 613,968
Prop. Plant, Equipment 417,166 273,431 215,628
Less Accumulated Depreciation 149,514 110,834 88,886
Net Prop and Equipment 267,652 162,597 126,742
Investment in Subsidiaries 1,274,470 1,115,054 768,563
Intangibles 1,751,743 303,613 278,081
Total assets 6,160,986 3,489,479 1,787,354
Liabilities
Accounts payable 1,236,217 470,591 535,863
Accrued expenses 566,770 122,993 52,027
Other current liabilities 631,009 70,718 70,844
Total current liabilities 2,433,996 664,302 658,734
Noncurrent capital leases 38,970 29,721 39,099
Total Liabilities 2,472,966 694,023 697,833
Preferred stock 500,000 NA NA
Common stock net 1,752 1,728 1,691
Capital surplus 822,429 752,472 659,359
Retained earnings 2,358,640 2,085,056 424,468
Other equities 5,199 -43,800 -108
Shareholders equity 3,688,020 2,795,456 1,085,410
Total liability and net worth 6,160,986 3,489,479 1,783,243
In: Finance
Using the information presented in the Financial Statements of United Health Care, a major HMO, compute financial ratios for 1994 and 1995 and discuss some of the primary observations that you would conclude regarding the financial performance of the firm. Provide an overall evaluation of the financial position of this company.
United Healthcare Financial Ratios
Health Plan Median 2017 2016 2015
Liquidity
Current 1.32 ? ? .93
Days in Receivables 22.5 ? ? 19.8
Days Cash on Hand 89.9 ? ? 53.6
Capital Structure
Equity Financing % 48.9 ? ? 60.7%
Long Term Debt to Equity % 13.0 ? ? 3.67%
Cash Flow to Total Debt % 15.0 ? ? 37.7%
Times Interest Earned 13.1 ? ? 109.5
Activity
Total Asset Turnover 1.55 ? ? 1.74
Fixed Asset Turnover 16.8 ? ? 24.6
Current Asset Turnover 2.88 ? ? 5.07
Profitability
Total Margin % 3.6 ? ? 6.81
Return on Equity % 11.6 ? ? 19.6
Income Statement (000$)
Fiscal Year Ending 12/31/17 12/31/16 12/31/15
Net sales 5,670,878 3,768,882 3,115,202
Cost of goods 3,930,933 2,643,107 2,236,588
Gross profit 1,739,945 1,125,775 878,614
Selling, general and administration 1,030,906 555,649 491,635
Income before depreciation and 709,039 570,126 386,979
amortization
Depreciation and amortization 94,458 64,079 50,628
Nonoperating income -153,796 -35,940 122
Interest expense 771 2,163 3,046
Income before taxes 460,014 467,944 333,427
Provision for income tax 170,205 177,822 119,379
Minority interest 3,845 1,983 1,970
Net income before extraordinaries 285,964 288,139 212,078
Extraordinary items and discounted
Operations NA 1,377,075 NA
Net income 285,964 1,665,214 212,078
United Healthcare Corporation Balance Sheet (Data in Thousands)
Fiscal Year Ending 12/31/17 12/31/16 12/31/15
Assets
Cash 940,110 1,519,049 228,260
Marketable securities 863,815 135,287 172,610
Receivables 550,313 167,369 169,075
Other current assets 512,883 86,510 44,023
Total current assets 2,867,121 1,908,215 613,968
Prop. Plant, Equipment 417,166 273,431 215,628
Less Accumulated Depreciation 149,514 110,834 88,886
Net Prop and Equipment 267,652 162,597 126,742
Investment in Subsidiaries 1,274,470 1,115,054 768,563
Intangibles 1,751,743 303,613 278,081
Total assets 6,160,986 3,489,479 1,787,354
Liabilities
Accounts payable 1,236,217 470,591 535,863
Accrued expenses 566,770 122,993 52,027
Other current liabilities 631,009 70,718 70,844
Total current liabilities 2,433,996 664,302 658,734
Noncurrent capital leases 38,970 29,721 39,099
Total Liabilities 2,472,966 694,023 697,833
Preferred stock 500,000 NA NA
Common stock net 1,752 1,728 1,691
Capital surplus 822,429 752,472 659,359
Retained earnings 2,358,640 2,085,056 424,468
Other equities 5,199 -43,800 -108
Shareholders equity 3,688,020 2,795,456 1,085,410
Total liability and net worth 6,160,986 3,489,479 1,783,243
In: Finance
1. Assuming the company (Walker) is registered in the United Kingdom, what would be your strategies in persuading investors to invest in the company? Please give at least three strategies and explain it accordingly.
2. Specify the kind of incentives that you would put in place to reward farmers for lower water in potatoes and also reducing the electricity bills (lower carbon footprint). Please give at least three incentive that can provide by the company and explain it accordingly.
In: Accounting
QUESTION 4
a) Malaysian United Bank has implemented an ERP system. One of the features of the ERP system is to allow a new customer who wants to open a new bank account to insert their MyKad to a card reader. The card reader will then extract the customer’s information from the MyKad microchip and automatically update this information to the computer database system. Assumed that Azman wishes to open a new savings account. At the customer service counter, Azman inserted his MyKad into the card reader and his information such as his name, IC number, address, DOB, and gender was automatically updated to the computer database system. However, the bank officer asked Azman to fill up this information again on the hardcopy application form with the thumbprint and signature. According to the bank officer, this is a standard operational procedure (SOP) for opening a new account. What is value analysis? Based on the idea of value analysis, discuss the above scenario from the perspectives of both the customer and the bank officer.
b) What is Software as a Service (SaaS)? What are the advantages of SaaS when implementing an ERP system in a mid-size company?
In: Accounting
In 2016, United Kingdom voted to leave the European Union. On Marsh 29, 2019 the Brexit AKA secession from the Union is schedule to take place. The referendum results and the approaching date of the secession have negatively affected business environment in the UK leading to a growth rate slowdown in the Kingdom. Explain how the Brexit ( and the expectation of the Brexit) affect the U.S. economy. Using all the ISLM and ADAS diagrams illustrate the effect of the Brexit on the U.S. economy. Label all curves and axes. Write formulas for each of the curves what could the U.S. Central Bank do to stabilize the economy Illustrate its actions on ISLM and ADAS diagram. List all monetary policy tools (but do not explain how they work). Suppose the Central Bank does not take any actions. What could the U.S government do to stabilize the economy? Illustrate its actions on the ISLM and ADAS graphs (I Suggest drawing a new set of diagrams rather than using ones form (2)).
What happens to the interest rate monetary policy actions? What happens to the interest rate after fiscal policy actions? Explain the intuition for your result
In: Economics