1. First example where Technology enables us to change our environments. Discuss how can this be a H2M relationship that is Symbiotic and cooperative.

2. Second example where Technology changes us and drive us to change ourselves and our behavior as humans. Discuss how can this be or become a Human to Machine (H2M) confrontation and a clash of human vs. machine

Assume the canadian spot rate is 1.18C$/US$, the swiss franc spot rate is 1.29CHF/US$ and the market cross rate is 1.11CHF/C$

A. Calculate the implied cross rate of CHF/C$.

B. Calculate the triangular profit. Assume you have US $1,000 to work with. State the currencies you need to buy and sell in order to earn the arbitrage profit   

Question 1: (1 point)

Identify the independent and dependent variables in each example below.

Environmentalists have a theory that as smoke-stack and tailpipe emissions have increased over the past centuries, global warming has occurred.

An educational researcher is interested in effects of nutrition on school performance. She classifies students as breakfast eaters and non-breakfast eaters. She measures school performance by recording school attendance rate.

Question 2: (2points)

At what level of measurement is the following data and what type of graph can be used?

SAT scores of students collected from a sample of students in Berkeley College.

A meteorologist classifies cities in the US as having winter weather as dreary, not dreary.

A kindergarten teacher classifies students as readers, incipient readers, nonreaders.

A housing developer advertises his houses as being fully carpeted, partially carpeted or not carpeted

Question 3: (2 points)

The college registrar is asked to count the number of usable chairs in different classrooms at her university to determine how many students can be seated in each class. These are number of usable chairs in the different classrooms:

7, 12, 26, 18, 20, 33, 34, 17, 20, 35, 46, 50, 28, 29, 33, 18, 45, 53, 30, 37, 45, 58, 43, 42, 10, 34, 28, 35, 36, 50, 60, 55, 45, 52, 54, 28, 34, 25, 35, 40, 45, 44, 40, 23, 38, 39, 40, 50, 60, 45, 36, 28, 40, 54, 62, 44, 24, 28, 30, 60, 38, 58, 24.

At what level of measurement is this data & what type of graph is appropriate?

Make steam-and-leaf display

Describe modality & symmetry (skewness) of this data

You are the manager of a U.S. company situated in Los Angeles and manages the import/export division of the company. The company distributes (resells) a variety of consumer products imported to the U.S.A from France and also exports goods manufactured in the U.S.A. to Britain.

Therefore, your company is very much dependent on the impact of current and future exchange rates on the performance of the company.

Scenario 1:

You have to estimate the expected exchange rates one year from now between your home currency and the other currencies of the major other countries that you deal with in terms of both imports and exports. The reason is that increases in the values of other currencies compared to the U.S. Dollar may impact your imports negatively, whilst it may on the other hand, be good for exports. To do this estimate, you obtain the following spot exchange rate information:

You also obtain the following rates that you regard as similar to the annual risk free rates applying in the countries:

Your focus is presently to estimate the 12 month forward rates in order to consider the impact that it will have on the import and export sales of the company. Calculate the forward rates of the $ in terms of all the currencies by using simple interest rate parity e.g. 10% annual interest rate = 10/2 = 5% for six months. Do not apply effective annual interest rate compounding. Show all your workings in table 1 on the separate answer sheet by using the correct formula provided in your formula sheet.

Provide an indication about what will happen to the value of the US$ based on the forward exchange rate calculations by calculating the expected discount/premium of it for each of the currencies in Table 2 on the separate answer sheet. Also show whether the impact will be positive (P) or negative (N) for imports and exports. For example:

Construct an ER diagram for a database system that models data of the following situation. You are creating a database for a stock trading company. The company has clients and financial officers. Each client is either an individual or another legal entity (e.g. another company). A client has a name, social security number, address, contact information, the date that entered the database system, and also a ranking that the trading company keeps internally (high, med, low). Financial officers have a name, employee ID, social security number,annual salary, bonus, bonus. There are contracts that one client (or more clients together in one contract) have with the hedge fund. Each contract has a contract id, budget and task. For  One constraint is that each contract has exactly one financial officer that is responsible and at least one client. There can also be more than 1 financial officer in 1 location. There is one office location for hedge fund with address and phone number. Draw an ER diagram for the above description.

International Finance
Cash flows in various parts of a multinational corporate system will be denominated in different currencies. Hence, exchange rates must be included in all financial analyses.
Foreign exchange rate quotations can be found in The Wall Street Journal and in other leading print publications and on websites. Exchange rates are given in two different ways: (1) Direct Quotation – the home currency price of one unit of the foreign currency and (2) Indirect Quotation – the foreign currency price of one unit of the home currency. If the foreign exchange markets are in equilibrium, which is usually the case for the major traded currencies, the two quotations must be reciprocals of each other.
Example, Canadian Dollar and US Dollar:
Canadian Dollar 1/0.9814 = 1.0190
1/1.0190 = 0.9814
Suppose, though, that a German executive is flying to Tokyo on business. The exchange rate in which he or she is interested is not euros or yen per dollar – rather, the issue is how many yen can be purchased with a euro. This is called a cross rate – exchange rate between any two currencies.
Example, spot rate for Euro is €0.7511/$l
spot rate for Yen is ¥96.02/$1
For the German national, the cross rates are found as follows:
Euro / $ Yen / $
Euro / Yen exchange rate = or Yen / Euro exchange rate =
Yen / $ Euro / $
Problem:

Monblanc Trading Company imports French cheeses for distribution in the United States. On July 1, the company purchased cheese costing 100,000 Euro. Payment is due in Euro on October 1. The spot rate on July 1 was $1.20 per Euro, and on October 1, it was $1.25 per Euro.
Determine the following:
1. The company’s liabilities in US Dollars prior to payment
2. The amount of payment in US Dollars on October 1
3. The exchange gain or loss
Briefly discuss implications.

x

Identify your earliest exposure to people who were racially or culturally different from you through movies, television shows, or music.

What was your age?

Who was the person and how was he or she different?

What impressions did you have about these people from these media? From a cultural pluralist’s perspective, do you think this experience was positive or negative for you?

Problem 6-2AA Periodic: Alternative cost flows LO P3

[The following information applies to the questions displayed below.]

Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March.  

For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 365 units from the March 5 purchase; the March 29 sale consisted of 65 units from the March 18 purchase and 145 units from the March 25 purchase.

Problem 6-2AA Part 1

Required.
1. Compute cost of goods available for sale and the number of units available for sale.

Problem 6-2AA Part 2

2. Compute the number of units in ending inventory.

Problem 6-2AA Part 3

3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. (Round your average cost per unit to 2 decimal places.)

Problem 6-2AA Part 4

4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places and final answers to nearest whole dollar.)