You are to invest $100,000 for a client. Because the funds are to be invested in business(es) at the end of one year, you have been instructed to plan for a one-year holding period. Further, your boss has restricted you to the following investment alternatives shown with their probabilities and associated outcomes.

                                   Returns On Alternative Investments              

                                                  Estimated Rate Of Return                   

    State of            ??     T-         Alta      Repo          Am.         Market            2-Stock

     Economy              Prob.      Bills      Inds Men       Foam       Portfolio           Portfolio

Recession                 0.1        8.0%    -22.0%    28.0%    10.0%      -13.0%         3.0%

Below Avg                0.2         8.0          -2.0        14.7       -10.0             1.0             6.4

Average                    0.4         8.0         20.0          0.0          7.0           15.0           10.0

Above Avg               0.2         8.0         35.0       -10.0        45.0           29.0           12.5

Boom                        0.1         8.0         50.0       -20.0        30.0           43.0           15.0

Expected Return ()             8.0         17.4%   1.7% 13.8%       15.0%       9.58%

Std Dev (?)                           0.0         20.0       13.4 18.8          15.3           3.34

Beta (?) 0          1.29 -0.86 0.68 1           0.215

The estimated returns of Am.Foam(American Foam) do not always move in the same direction as the overall economy. For example, when the economy is below average, consumers purchase fewer mattresses than they would if the economy was stronger. However, if the economy is in a flat-out recession, a large number of consumers who were planning to purchase a more expensive inner spring mattress may purchase, instead, a cheaper foam mattress. Under these circumstances, we would expect American Foam’s stock price to be higher if there is a recession than if the economy was just below average.

Alta Inds(Alta Industries) is an electronics firm; Repo Men collects past-due debts; and American Foam manufactures mattresses and other foam products.

Sungkyunkwan Investment’s economic forecasting staff has developed probability estimates for the state of the economy, and its security analysts have estimated the rate of return on each alternative under each state of the economy.

Sungkyunkwan Investment also maintains an “index fund” which owns a market-weighted fraction of all publicly traded stocks; you can invest in that fund, and thus obtain average stock market results.

Disregard for now the items at the bottom of the data; you will fill in the blanks later.

Given the situation as described, answer the following questions:

1) Why is T-Bill's return independent of economic conditions? Can T-Bill promise completely risk free rates? (5 points)

2) Calculate the expected return on Alta Inds. (5 points)

3) You should be aware that making investment decisions based solely on expected returns is possible only if it is risk neutral. Your customers are risk takers and recognize that the level of risk of each investment alternative is a very important part of investment decisions. The standard deviation of returns is presented as an estimate of risk.

(a) Alta Ind. Present an equation to calculate the standard deviation of returns and do the actual calculation. (5 points)

(b) What type of risk is measured by the standard deviation?

4) Assume that you invested $ 50,000 each in Alta Inds and Repo Men.

(a) Calculate expected returns and standard deviations for this portfolio. (5 points)

(b) What is the risk level of this 2-stock portfolio compared to the risk level of each individual stock before forming the portfolio? Is it higher or lower? (5 points)

5) How is market risk measured for individual stocks? What does beta (?) mean? (10 points)

6) Sungkyunkwan Investment Inc. (Sungkyunkwan Investment Company) presents statistically estimated expected rates of return and beta coefficients for individual investments as follows. (Summarized in the table above)

Security                      Return ()                  Risk (?)

                                 Alta Inds                       17.4%                         1.29

                                 Market 15.0 1.00

                                 Am. Foam                    13.8 0.68

                                 T-Bills                           8.0 0.00

                                 Repo Men                     1.7 (0.86)

(a) Calculate the required rate of return for each investment alternative using the stock market linear equations. (10 points)

(b) Compare each of the investment alternatives with the expected rates of return and the required rates of return (CAPM-theorized expected return) to give an overvaluation or undervaluation . (10 points)

(c) Calculate the market risk and demand rate of a portfolio consisting of 50% each of Alta Ind and Repo Men. (10 points)

***subject is marketing , please make answers long.. thank you so much<3

Marketing Plan

From the real international market, select a company of your choice wishing to start its activities in Saudi Arabia. The Company hired you as Marketing Manager of Saudi Arabian Region.

You have to establish a marketing department starting from the Analysis of the market, formulate overall marketing goals, objectives, strategies, and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.

Write a Marketing Plan considering the following points (2x5=10 Marks)

1. Introduction, Goals and Objectives

To introduce this section you should include the "mission statement" of the business; an idea of what its goals are for customers, clients, employees and the consumer.

1. Introduction about the business.
2. Business vision and mission
3. Business objective.
4. Products and services offered

2. Environmental Analysis

Conduct an environmental analysis that looks at and comments on your local area and your network of business contacts, competitors and customers.

3. Target Market Analysis

Identify the target market, describing how the company will meet the needs of the consumer better than the competition does.

4. SWOT Analysis

Conduct a SWOT analysis for your chosen company based on your research.

Strengths: List the strengths of the business approach;

Weaknesses: Describe the areas of weakness in the company's operations;

Opportunities: Examine factors that may improve the business's chances of success;

Threats: List the external threats to the business' success.

5. Marketing Mix (4 P’s ) Analysis

Describe each of the 4Ps of your chosen company.

Product or Service

Identify the product or service by what it is, who will buy it, how much they will pay for it and how much it will cost for the company to produce it, why a consumer demand exists for your product, and where the product sits in comparison to similar products/services now available.

Place

Identify the location of the business, why it is located there (strategic, competitive, economic objectives), the expected methods of distribution, and timing objectives.

Promotion

Describe the type of promotional methods that will be used. Identify techniques such as word of mouth, personal selling, direct marketing, sales promotion etc. television, radio, social media and newspaper ads.

Price

The prices of the products or services that reflects the overall company strategy. Should be competitive as well as a reflection of the quality, costs and profit margin.

) Genosis Metals provided the following information for last month:

            Sales                              $20,000

            Variable costs                    8,000

            Fixed costs                        4,000

            Operating income            $8,000

If sales reduce to half the amount in the next month, what is the projected operating income?

A) $0

B) $4,000

C) $2,000

D) $6,000

Answer the following questions using the information below:

Buildz Manufacturing currently produces 1,000 tables per month. The following per unit data for 1,000 tables apply for sales to regular customers:

            Direct materials                               $50

            Direct manufacturing labor                10

            Variable manufacturing overhead      15

            Fixed manufacturing overhead          30

                  Total manufacturing costs         $105

2) The plant has capacity for 3,000 tables and is considering expanding production to 3,000 tables. What is the total cost of producing 3,000 tables?

A) $255,000

B) $225,000

C) $175,000

D) $235,000

3) What is the per unit cost when producing 3,000 tables?

A) $58.33

B) $175.00

C) $85.00

D) $125.45

Answer the following questions using the information below:

Pederson Company reported the following:

            Manufacturing costs            $150,000

            Units manufactured            5,000

            Units sold                           4,700 units sold for $75 per unit

            Beginning inventory          100 units

4) What is the average manufacturing cost per unit?

A) $40.00

B) $42.00

C) $30.00

D) $32.00

5) What is the manufacturing cost for the ending finished goods inventory?

A) $12,000

B) $8,000

C) $11,000

D) $5,000

Answer the following questions using the information below:

Northern Star sells several products. Information of average revenue and costs is as follows:

            Selling price per unit                      $20.00

            Variable costs per unit:

                  Direct material                           $4.00

                  Direct manufacturing labor         $1.60

                  Manufacturing overhead             $0.40

                  Selling costs                                $2.00

            Annual fixed costs                         $96,000

The company sells 12,000 units at the end of the year.

6) The contribution margin per unit is ________.

A) $11.00

B) $12.00

C) $4.00

D) $14.00

HR Management

Walmart’s Global Strategy

Walmart’s international division has an important job. With 80% of the retail industry’s growth coming from outside of the United States, WalMart international’s $137 billion in international sales in 2014 -  29% of sales overall - is a key driver of overall revenue growth. To drive this performance, David Cheesewright, CEO of WalMart’s international division, is focusing on current operations in growth markets and e-commerce.

Shopping trends indicate that what customers buy is changing fast, and that they are quickly switching to online shopping platforms. After decades of work trying to develop a foundation in the Chinese market, Walmart is consolidating its portfolio of stores in that country, closing nonperforming retail stores and investing in successful ones. To enter the Chinese e-grocery market, Walmart holds a 51% stake in Yihaodian, which has posted triple-digit growth—twice the market rate.

The company’s operations in Brazil and Mexico are experiencing slowing growth, in part a result of economic cycles and their brand’s lifecycle, but they still offer the opportunity to develop strong, mature

businesses. International expansion comes with country specific challenges. After experiencing too many regulatory difficulties in India, Walmart canceled plans to open retail stores there. Instead, Walmart India is focusing on business-to-business sales.

Although Walmart has successfully dominated the U.S. market, it has found that expanding its reach across the globe does not always fit with its strengths. In addition, navigating the variety of economic and regulatory requirements across different countries adds significant complexity to the company’s operations. Finally, gaining access to and managing workforces with different values, cultures, and languages present tremendous challenges.

1)    What strategies should a company use to determine which countries it should expand into?

2)    How can a company assess how cultural and economic differences might impact its ability to succeed in different countries?

3)    What things can companies do to manage a global workforce more effectively.

Web Wizard, Inc., has provided information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter.

1. During January, the company provided services for $41,000 on credit.
2. On January 31, the company estimated bad debts using 2 percent of credit sales.
3. On February 4, the company collected $20,500 of accounts receivable.
4. On February 15, the company wrote off a $150 account receivable.
5. During February, the company provided services for $31,000 on credit.
6. On February 28, the company estimated bad debts using 2 percent of credit sales.
7. On March 1, the company loaned $2,600 to an employee, who signed a 6% note, due in 6 months.
8. On March 15, the company collected $150 on the account written off one month earlier.
9. On March 31, the company accrued interest earned on the note.
10. On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,210.

1. For items (a)–(j), analyze the transaction to determine effects on specific financial statement accounts and the overall accounting equation. (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign. Do not round intermediate calculations.)

2. Prepare the journal entries for items (a)–(j). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)

3. Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a classified balance sheet at the end of the quarter on March 31. (Do not round intermediate calculations.)

4. Sales Revenue and Service Revenue are two income statement accounts that relate to Accounts Receivable. Name two other accounts related to Accounts Receivable and Notes Receivable that would be reported on the income statement and indicate whether each would appear before, or after, Income from Operations.

Lodi Company is authorized to issue 100,000 shares of no-par, $6 stated-value common stock and 10,000 shares of 9%, $100 par preferred stock. It enters into the following transactions on December 31:

Required:

Chart of Accounts

General Journal

Prepare journal entries to record the transactions on December 31. Memorandum entry is not recorded. Additional Instruction

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GENERAL JOURNAL

Record items 1 and 2 on page 1 and items 3-5 on page 2