In a Malthusian world, suppose there is a one-time improvement in technology , which increases the level of output per capita for any given level of population. How will this change affect output per capita in both short and long run? Why? How will it affect the level of population?

1. Please list and discuss the roles played by the concept of new technology as it relates to the decision to build factory #5: Even if sales volume is flat, profits are low, and interest rates are high, why would a firm desire to build factory #5, at least in theory?

2. What is residential construction and sales volume, exactly? How many housing units are built, and sold, in this country in a typical year (before March, 2020)?

3. What are six of the occupations that are involved in this sector of the economy? That is, when there is a 20% drop in this activity, residential construction and sales volume, which workers lose their jobs? Why?

4. What could our government do to help cause a rise in residential construction and sales volume in our economy? Please list and discuss three actions that our government could take, at least in theory. What are the forces that may cause a rise or a drop in this area of the economy in the next 12 to 24 months?

New Plant and Equipment Construction, Residential Construction and Sales Volume: One of the greatest factors influencing the volume of factory (new plant and equipment) construction is the R&D (research and development) of new technology. Of course, WE HAVE TO BUILD THE NEW FACTORY! In our factory #5 example, the R&D AND CONSTRUCTION of Factory #5 may result in a. a dramatic drop in the cost per unit (the cost per pair of shoes, in our hypothetical) and/or b. The introduction of a product that is..... NEW! And IMPROVED!, thus causing a rise in Demand, where, if it captures the imagination of the consumer, we may RAISE THE PRICE and increase profits by a great amount. Let’s say that our price per pair currently is $30 per pair, and our cost per pair currently is $27, for a profit of $3 per pair. If a new method of mass producing shoes that saves on labor costs is “invented”, for lack of a better word, we will want and need to build this new factory. Let’s say that Factory #5 lowers the cost per pair to $21 by using less than half of the workers used by Factory #4. We will build this new factory! $30 per pair minus $21 per pair yields a profit of $9 per pair!!!! BUT WE MUST SELL THOSE NEW SHOES!!! If our rivals are building this factory, and we do not.... We will die. (We have rivals) - VERY few firms are true monopolies. Factory #5 may mass produce TWO million pairs of shoes compared to #4 with one million pairs in yearly output. We may build factory #5, then shut down factory #1... thus resulting in FEWER WORKERS ON OUR PAYROLL... SAD BUT TRUE.....Our sales could be dropping along with our profits. Interest rates may rise. We will still need to build that factory. Especially if the product mass produced by this new factory causes a rise in Demand. YET THERE IS A FINITE SUPPLY OF LOANABLE FUNDS AND EQUITY FINANCING available, thus, we have a tragedy: some firms are doing so well that they wish to expand---but are denied financing. What is the proper role of the government? The Obama Admin. lent money directly to Tesla in order for them to expand in Fremont. This may be called ‘industrial policy’. It worked out well. If not, Obama may have been a one term President, even though he was an excellent leader by any metric. Yet the government could be criticized for ‘playing favorites’ since THERE IS A FINITE SUPPLY OF FUNDING that the government may access. If the ‘new’ Mercedes Benz assembly plant built in Alabama (yes, this is on U.S. soil) represented a new and improved SUV, then why did this German firm build the plant here? On U.S. soil? Cheaper labor (the U.S. workers make less and have fewer benefits than their German counterparts),---incredible, but true...the firm will enjoy lower distribution costs (all those rich people on the east coast of the U.S. will buy our cars), and it is easier to ship them from Alabama than from Germany, while avoiding any possible hikes in tariffs the Trump Admin may levy NOW OR LATER---- do you trust Trump? Are you feeling lucky today? How about the next 20 years? I mean, your buyers are here on the East Coast, and Alabama offered HUGE tax incentives to Daimler (Mercedes Benz) to build the plant in Alabama instead of South Carolina, home to a BMW plant. Alabama had to ‘outbid’ South Carolina for the new factory. Also, the German firm avoids any and all possible labor disruptions by dockworkers in the U.S.---now, and for the next 20 years. We do not care if the firm’s headquarters are in Germany. If they build the factory on U.S. soil, then the expenditure is part of the Total Spending on U.S. goods and services = C+ I+ G+(X-M) equation. More on this later!

1. Project Evaluation --Cash Flows question:

Adams Video is considering whether to make an investment in a new type of technology. The following factors are considered in the initial discussion:i). The company has already spent $3 million researching the technology; ii). The new technology will affect the cash flows produced by the other operations of the company; iii). If the investment is not made, then the company will be able to sell one of its laboratories for $2 million.

a) Which of the above factors should the company consider when it decides whether to undertake the investment? [4 Marks]

b) Explain why for each of the factors. [6 Marks]

c) Explain why we must use incremental cash flows in project evaluation.

2. Firm Value with FCF and WACC:

a) Describe the FCF definition (in terms of its underlying object or asset) and its practical application; [8 Marks]

b) Discuss the special function of WACC.

3. Corporate Governance question:

a) Provide a simple definition of Corporate Governance (in traditional Corporate Finance terms) in your own words; [8 Marks]

b) Discuss the possible relation between CEO compensation and company performance in terms of corporate risk and average equity return.

4. Capital Structure Question:

a) Briefly define the terms: Business Risk and Financial risk; [8 Marks]

b) Describe how the business risk and financial risk could be included in the value of WACC, which is calculated with the formula:

WACC = Wd * Rd * (1-Tc)+We * Re

You are the technology auditor for a medium size online retailer. With the growth, it has been very difficult for the Information Technology (IT) group to keep up with the hardware requirements and new software for all the various smartphone applications. Although there would be reduction of most of the IT staff the CIO has done a complete analysis of moving to a Cloud Computing solution with Amazon Web Services. With this change, all IT functions for the primary application of customer order processing and fulfillment would be handled through Amazon. The reduction in ongoing costs would be almost fifty percent along with major capital expenditures for upgrades if they were to keep processing in-house. Much of the in-house technology is outdated from a web application and regulatory standpoint.

Amazon Web Services is the largest provider of integrated Cloud Computing Services and offers a complete set of infrastructure and application services. Many organizations have lowered costs, including your competitors allowing them to lower costs and gain market share. One of the key benefits of cloud computing is the opportunity to replace up-front capital infrastructure expenses with low variable costs that scale as the business grows.

You have been asked by senior management to assist with the Amazon project and the evaluation of the controls.

a. Describe the five most significant areas of controls concern that you would like to express to the senior management in the transition to Amazon? Make sure your control concerns are consistent with the facts of the case.

b. How would you propose the organization get comfortable with the controls at Amazon    prior to signing the contract? Be specific.

c. Assuming the contract is signed and processing moves to Amazon, what role can internal auditing play in providing assurance to the company. Let’s assume that internal auditing will not be able to perform on-site audits.

Describe 3 advantages and 3 disadvantages of the use of the emerging technology in the accounting profession. For the advantages, you should describe how/why these are advantages to the accounting profession and for the disadvantages, you should describe why they are disadvantages, how serious these disadvantages are and whether there are any ways to overcome these disadvantages

Advancements in technology in healthcare has allowed for and promoted the use of genetic screening. This approach is becoming more widely available. Today we can conduct prenatal and newborn screening, diagnostic screening for chromosomal issues, carrier screening such as for cystic fibrosis, and predictability screening for possible genetic mutations such as in breast cancer. The future of genetic screening will allow us to fully know our risks so that treatments can be targeted with success. With this precision however there are also ethical issues and dilemmas. When thinking about these issues and dilemmas, what are three ethical considerations arising from the use of genetic screening?

Please address the question from the perspectives both of prenatal screening and screening of adult family members of those with diseases that can be genetically linked. Consider the costs, the potential for discrimination, and how the treatment/prevention can change based on the knowledge of a genetic disease.

This exercise is designed to be solved using technology such as calculators or computer spreadsheets.

You borrow $18,000 with a term of four years at an APR of 8%. Make an amortization table. How much equity have you built up halfway through the term? (Round your answer to two decimal places.)

Write a report about " 5G Technology" and commit to a number of pages .  

Chapter 1                   Introduction (3 Pages)

Background of the Study

Chapter 2                   Discussion   (10 Pages)

The Block /Schematic Diagram of the System

The System Implementation

Strengths

Drawbacks

Chapter 3                   Results      (5 Pages)

Conclusion

Scope and limitations

Recommendation

References      (1 Page)

Suppose that Y has a binomial distribution with p = 0.40.

(a) Use technology and the normal approximation to the binomial distribution to compute the exact and approximate values of P(Y ≤ μ + 2) for n = 5, 10, 15, and 20. For each sample size, pay attention to the shapes of the binomial histograms and to how close the approximations are to the exact binomial probabilities. (Round your answers to five decimal places.)

n = 5

exact value P(Y ≤ μ + 2) =

approximate value P(Y ≤ μ + 2) ≈

n = 10

exact value P(Y ≤ μ + 2) =

approximate value P(Y ≤ μ + 2) ≈

n = 15

exact value P(Y ≤ μ + 2) =

approximate value P(Y ≤ μ + 2) ≈

n = 20

exact value P(Y ≤ μ + 2) =

approximate value P(Y ≤ μ + 2) ≈

b) Refer to part (a). What did you notice about the shapes of the binomial histograms as the sample size increased?

1.) The binomial histograms appear less mound shaped as the sample size increases.

2.) The binomial histograms appear the same as the sample size increases.

3.) The binomial histograms appear more mound shaped as the sample size increases.

(c) According to the rule of thumb for the adequacy of the normal approximation, how large must n be for the approximation to be adequate? (Round your answer up to the nearest whole number.)

n >

Is this consistent with what you observed in parts (a) and (b)?

1.) Yes, because the approximations for larger values of n are much better than the approximations for smaller values of n.

2.) No, because the approximations for smaller values of n are just as good as the approximations for larger values of n.