In general what (situations) and incentives faced by government make it difficult to keep a fixed exchange rate. Why did Mexico fail to defend its 1 peg? What was the state of Mexico’s reserves relative to their money supply at the time they defaulted? How about their budget deficit? Why did they default anyway.
In: Economics
Small Business Management
Q5) Is there a future for Franchising? Please explain. What are some expected areas of growth in this field? What are some other areas of expected development?
Q6) What is “niche marketing”? Should a business owner be concerned about identifying a needed product? Why? Please explain.
Q8) What have you learned about becoming the owner of a small business? Would you consider opening a franchise? Why or why not? What are the risks? Please explain.
In: Accounting
In: Economics
Figure 1. Water at 1 K Figure 2. Argon at 1 K Figure 3. Oxygen at 1 K Figure 4. Neon at 1 K a) As demonstrated in the above figures, explain in detail why water, H2O, expands upon freezing whereas the other substances in these figures contract upon freezing. In your answer ensure that you address the bonding, polarity, density and other relevant factors to describe these phenomena. b) Draw the structure of water when it freezes. c) Link the phenomena indicated from this observation to explain important aspects of the existence of life on our planet Earth. d) Are there any other substances which exhibit similar behaviour? If so, identify these substances by name, chemical symbol/formula, and a brief description – if there are many such substances, identify at least three of these substances.
In: Chemistry
In a particular year, 68% of online courses taught at a system
of community colleges were taught by full-time faculty. To test if
68% also represents a particular state's percent for full-time
faculty teaching the online classes, a particular community college
from that state was randomly selected for comparison. In that same
year, 31 of the 44 online courses at this particular community
college were taught by full-time faculty. Conduct a hypothesis test
at the 5% level to determine if 68% represents the state in
question.
Note: If you are using a Student's t-distribution for the
problem, you may assume that the underlying population is normally
distributed. (In general, you must first prove that assumption,
though.)
A. State the distribution to use for the test. (Round your
standard deviation to four decimal places.)
P' ~ ________ (________,_________)
B. What is the test statistic? (Round your answer to two decimal places.)
C. What is the p-value? (Round your answer to four decimal places.)
D. Indicate the correct decision ("reject" or "do not reject" the null hypothesis), the reason for it, and write an appropriate conclusion.
(i) Alpha:
α =
E. Construct a 95% confidence interval for the true proportion. Sketch the graph of the situation. Label the point estimate and the lower and upper bounds of the confidence interval. (Round your answers to four decimal places.)
In: Statistics and Probability
Imagine that your best friend knows you are taking a psychology course and wonders what psychology is all about. How would you define psychology for your friend?
The requirements of this assignment are:
Write an essay on the discipline of psychology.
Minimum of 300 words.
Use THREE sources.
http://www.apa.org/monitor/2011/02/stem.aspx
In: Psychology
describe your philosophy of nursing.
The definition of a philosophy is having a personal and specific outlook and approach you can use to make decisions and take action. Your philosophy of nursing should include your beliefs and attitudes about nursing, being a nurse, your approach to caring for others. It can also include your attitudes about working in healthcare facilities, working as part of a team, or even how you feel about people in general.
In: Nursing
describe your philosophy of nursing. The definition of a philosophy is having a personal and specific outlook and approach you can use to make decisions and take action. Your philosophy of nursing should include your beliefs and attitudes about nursing, being a nurse, your approach to caring for others. It can also include your attitudes about working in healthcare facilities, working as part of a team, or even how you feel about people in general.
In: Nursing
STAT 216 - Worksheet #12 Name: Lab Section: Many alpine skiers and snowboarders do not use helmets. Do helmets reduce the risk of head Table: injuries? A study in Norway compared skiers and snowboarders who suffered head injuries with a control group who were not injured. Of 578 subjects with a head injury 96 had worn a helmet. Of the sampled 2992 skiers and snowboarders who had not had a head injury, 656 of them wore helmets. We will compute a confidence interval for the difference in the proportion of skiers and snowboarders who wear helmets between the two groups (no head injury vs head injury). Is helmet use more or less common among skiers and snowboarders who have head injuries?
1. Give the symbols for and define the parameters of interest.
2. Find the observed sample proportions and the observed difference in proportions.
3. Check the conditions to verify the assumptions necessary for a two-proportion confidence interval. 4. Find a 2-proportion 95% confidence interval.
In: Statistics and Probability
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Please use the following reference to answer the questions: Accounting Standards Codification 470 (Subtopic 50; Section 40; Subsection 2) (formerly: FASB Statement No. 145, Rescission of FASB Statements No.4, 44, and 64, Amendment of FASB Statement No. 13, and Technical Corrections, par. 6.) On 1/1/16, BIGDEBT issued $12,000,000 face value bonds, dated 1/1/16, with a coupon rate of 10% for a price of $11,116,790. Interest is paid semiannually on 6/30 and 12/31. The bonds have a 5-year life, with principal due on 12/31/20. The bonds are callable (redeemable) by BIGDEBT at any time at a price of 1.07 (or $1,070 per $1,000 bond). Compute the annual market interest rate (i.e., what was the market rate of interest on Jan. 1, 2016--the date the bonds were issued.) |
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ANSWER_______________ |
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COMPUTATIONS |
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9. Prepare the journal entry to record the issuance on 1/1/16. (If there is a Discount or Premium, show it in a separate account in your journal entry): |
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ACCOUNTS |
DEBIT |
CREDIT |
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10. Prepare and attach an amortization schedule in EXCEL to cover the life of the bonds. Put schedule on a separate sheet and attach to last page. |
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11. Prepare the journal entry to record the 6/30/16 interest payment and discount/premium amortization. |
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ACCOUNTS |
DEBIT |
CREDIT |
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12. Prepare the journal entry to record the 12/31/17 interest payment. (WATCH THE DATE) |
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ACCOUNTS |
DEBIT |
CREDIT |
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13. Assume on 1/1/18 that BIGDEBT has decided to refinance its debt. Assume all the
data about the bond issue (as given in Requirement #8 above).
On 1/1/18 BIGDEBT issues sufficient new bonds to call in the old bonds. The dollar amount (price) of the new bond issue is exactly the same as the dollar amount needed to call (redeem) the old bonds. The new bond issue has a 14% coupon rate, 3-year life, and the new bonds are issued at face with interest payments on each 6/30 and 12/31.
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(1) Present the journal entry to record the sale of the new bonds on Jan. 1, 2018. |
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ACCOUNTS |
DEBIT |
CREDIT |
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(2) Give the journal entry to record the retirement of the old bonds on Jan 1, 2018. |
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ACCOUNTS |
DEBIT |
CREDIT |
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In: Accounting