Questions
Assume a Big Mac is $3 in the U.S. How much would the Big Mac cost...

  • Assume a Big Mac is $3 in the U.S. How much would the Big Mac cost in China?
  • Conduct some research. Identify at least one difference between the typical menu offering in the U.S. and the menu offering in China. Be sure to provide a citation.
  • Conduct some research. Identify a major fast-food competitor that McDonalds faces in China. Be sure to provide a citation.
  • Conduct some research. Locate a video commercial for McDonalds in China. Identify at least one difference (besides the language) between McDonalds’ commercials in the U.S. and the Chinese commercial. Provide the full URL for the video.
  • Which aspect(s) of the business environment (economic, technological, sociocultural, demographic, political/legal or international) are most affecting McDonald's success in China? Provide specific examples.

In: Operations Management

Given Principal $18,000, Interest Rate 9%, Time 240 days (use ordinary interest) Partial payments: On 100th...

Given Principal $18,000, Interest Rate 9%, Time 240 days (use ordinary interest) Partial payments: On 100th day, $7,600 On 180th day, $4,300

a. Use the U.S. Rule to solve for total interest cost. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.)


Total interest cost            $   

b. Use the U.S. Rule to solve for balances. (Use 360 days a year. Do not round intermediate calculations. Roundyour answer to the nearest cent.)

On 100th day On 180th day
Balance after the payment $ $


c. Use the U.S. Rule to solve for final payment. (Use 360 days a year. Do not round intermediate calculations. Roundyour answer to the nearest cent.)


Final payment            $

In: Finance

A speculator is considering the purchase of one three-month put option on USD with a strike...

A speculator is considering the purchase of one three-month put option on USD with a strike price of 97 yen per U.S. dollar. The premium is 0.24 yen per U.S. dollar. The current spot price is 107.81 yen per U.S. dollar and the 90-day forward rate is 71.46 yen/USD. The speculator believes the USD will depreciate to $1.00 versus 93 yen over the next three months. As the speculator’s assistant, you have been asked to prepare the followings: 1. Graph the profit/loss diagram of the put option in an Excel spreadsheet. 2. Determine the speculator’s profit if the USD depreciates to 93 yen/USD. 3. Determine the speculator’s profit/loss if the USD depreciates to the forward rate. 4. Determine the future spot price at which the speculator will only break even.

In: Finance

Suppose the nomianal interest rate for 1-year borrowing and lending in the U.S (i$) is currently...

Suppose the nomianal interest rate for 1-year borrowing and lending in the U.S (i$) is currently 5%,while the nominal interest rate on 1 -year borrowing and leading in the U.K (1£) is 3%. Suppose,too, that nominal British pound/U.s. dollar exchange rate is to be £1.60/$ next year (i.e-1(£/$)e= £1.60/$).

A.According to the theory of Interest Rate Parity, what is the current equilibrium nominal exchange rate between the pound and the dollar (E0(£/$))?

B. All else equal, if the U.S. interest rate increased to 8%, what would be the new equilibrium

exchange rate?

C.All else equal (i.e. with both i$and E eat their initial levels), if the U.K. interest rate increased to 8%, what would the new equilibrium exchange rate be?

In: Economics

1) A slowdown in the U.S economic growth will A) boost $ value because inflation fears...

1) A slowdown in the U.S economic growth will

A) boost $ value because inflation fears will be calmed. B) boost $ value because the federal reserve will expand money supply. C) lower $ value because the U.S will be a less attractive place to invest in. D) lower $ value because intrest rate will rise

2) In 1995 ¥ went from $0.0125 to $0.0095238. By how much did $ appreciate against ¥?

3) Suppose that the Brazilian real devalues by 40% against the dollar. By how much will the dollar appreciate against the real?

4) Suppose the spot direct quotes for the pound sterling in New York is $1.3981. What is the direct quote for the dollar in London?

5) If the Euro devalued by 17% against the U.S dollar, this is equivalent to revaluation of the dollar against Euro by?

In: Finance

Given Principal $13,500, Interest Rate 9%, Time 240 days (use ordinary interest) Partial payments: On 100th...

Given Principal $13,500, Interest Rate 9%, Time 240 days (use ordinary interest)
Partial payments: On 100th day, $3,800
On 180th day, $2,500


a. Use the U.S. Rule to solve for total interest cost. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.)


Total interest cost            $   

b. Use the U.S. Rule to solve for balances. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.)

On 100th day On 180th day
Balance after the payment $ $


c. Use the U.S. Rule to solve for final payment. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.)


Final payment            $

In: Finance

This needs to be a python3 code Write a program that prompts the user like this:...

This needs to be a python3 code

Write a program that prompts the user like this: “Currency to convert to U.S. dollars: e = Euros, c= Chinese Yuan, r = Indian Rupees, b = Bitcoin: ”. Then depending on which letter the user enters, the program displays “Amount of Euros/Yuan/Rupees/Bitcoin to convert: ”. (Note: the second prompt should only name the one currency the user asked to convert, not all four currencies.) After the user enters the amount, the program displays “In U.S. dollars, that is $N”, (N is the amount converted to U.S. dollars).
Conversion rates (from Google, Aug 25, 2019):
• 1 Euro = 1.11 US dollar • 1 Chinese yuan = 0.14 US dollar • 1 Indian rupee = 0.014 US dollar • 1 Bitcoin = 10283.00 US dollar

In: Computer Science

An analyst is trying to value Jason’s Specialties (JS) stock. The analyst has collected data from...

An analyst is trying to value Jason’s Specialties (JS) stock. The analyst has collected data from the company and other sources to prepare the below financials, both actual and projected. Based upon these sources, the analyst expects the company’s free cash flows to grow at 4% on average. The analyst has estimated the company’s cost of capital (WACC) to be 16% and its cost of equity to be 21%. The risk-free rate is 2.3%..

  1. Which items listed under Current Assets and Current Liabilities are typically excluded from NOWC? What is JS’s NOWC in years 2019 and 2020?
  2. Compute the firm’s FCF (free cash flow) for year 2020.
  3. Find the value of the firm using DCF method and price per share assuming that there are 10,000,000 shares issued and outstanding.
  4. Find the value of the firm using ECF method and price per share assuming that there are 10,000,000 shares issued and outstanding
  5. What is the External Financing Needed for year 2020? Explain your calculation
  6. Suppose that the firm's probability of bankruptcy is estimated to be 5% and the economic loss associated with bankruptcy is likely to amount to $55,000,000. What valuation method would allow you to take this into account? Describe briefly how you would implement it (you do not have enough information to actually do the calculations, so no need to try).

Income statement for the fiscal year ending January 1 (Millions of dollars)

                                                 2019 (Actual)

2020 (Projected)

Net Sales

$400.0

$430.0

Costs

260.0

283.5

Depreciation

37.5

42.5

Earnings before interest and taxes

102.5

104.0

Interest expense

14.1

16.0

Earnings before taxes

88.4

89.9

Taxes (40%)

35.36

35.2

Net income before preferred dividends

53.04

52.8

Preferred dividends

6.0

6.5

Net income

47.04

46.3

Common dividends

37.632

38.2

Addition to retained earnings

9.0408

8.1

Balance sheets for the fiscal year ending January 1 (Millions of dollars)

                                              2019 (Actual)

2020 (Projected)

Cash

$6.3

$3.6

Marketable Securities

40.9

39.128

Accounts Receivable

62.0

67.0

Inventories

107.0

105.5

Net plant & equipment

391.0

415.36

Total Assets

607.2

630.58

Accounts payable

9.6

12.1

Accruals

25.5

29.1

Long-term bonds

210.7

217.78

Preferred Stock

55

57.1

Common Stock (Par plus PIC)

160.0

160.0

Retained earnings

146.4

154.5

Total Liabilities & Equity

607.2

630.58

In: Finance

The U.S. MNC has translated the balance sheet and income statement of a French subsidiary, which...

The U.S. MNC has translated the balance sheet and income statement of a French subsidiary, which keeps its books in euro, then is translated into U.S. dollars using the current/noncurrent method—the reporting currency of the U.S. MNC. The subsidiary is at the end of its first year of operation. The historical exchange rate is $1.60/€1.00 and the most recent exchange rate is $1.50/€. The foreign currency gain or loss for this U.S. MNC is

Local Currency

Current/Non current

Balance Sheet

Cash

€2,100

$3,150

Inventory (current Value = €1,800)

€1,500

$2,250

Net fixed assets

€3,000

$4,800

Total Assets

€6,600

$10,200

Current liabilities

€1,200

$1,800

Long-term

€1,800

$2,880

Common stock

€2,700

$4,320

Retained earnings

€900

CTA

Total L&E

€6,600

$10,200

Income Statement

Sales Revenue

€10,000

$15,484

COGS

€7,500

$11,613

Depreciation

€1,000

$1,600

NOI

€1,500

$2,271

Tax(40%)

€600

$908

Profit after tax

€900

$1,363

Foreign Exchange gain (loss)

Net income

€900

Dividends

0

0

Addition to Retained Earnings

€900

In: Finance

Germany experiences an increase in foreign direct investment (capital outflow) when a German hotel chain opens a new hotel in France.

Germany experiences an increase in foreign direct investment (capital outflow) when a German hotel chain opens a new hotel in France.

Select one:

True

False


Net capital outflow refers to the purchase of foreign assets by domestic residents minus the purchase of domestic assets by foreign residents, and, as a result, the U.S. experiences an increase in foreign portfolio investment (capital outflow) when a U.S. resident buys stock in companies located in Japan.

Select one:

True

False


The increase in international trade in the United States is partly due to increased trade of goods with a high value per pound.

Select one:

True

False


A country has $200 million of net exports and $750 million of saving. Therefore, net capital outflow is $200 million and domestic investment is $950 million

Select one:

True

False


Suppose that a pound of copper costs $3 in the United States and costs 40 pesos in Mexico. If 10 Mexican pesos trade for one U.S dollar. then the real exchange rate is 3/4 pounds of Mexican copper per pound of U.S. copper.

Select one:

True

False

In: Economics