What does Kohl’s 2015
10-K communicate about its stockholders’ equity?
Kohl’s Corporation (KSS) operates department stores in 49 states in
the U.S. and has annual sales in excess of $18 billion. Its fiscal
year ends on the Saturday closest to January 31 each year. Kohl’s
has several line items comprising its stockholder’s equity. See the
experts to follow from Kohl’s 2015 Form 10-K: its Consolidated
Balance Sheets, an enlarged partial Consolidated Balance Sheet
(page F-3), its Consolidated Statements of Changes in Shareholders’
Equity (page F-5), and a section from its Notes to Financial
Statements (page F-8).
In: Accounting
1.Potatoes are available in the United States and in Mexico. Income has risen by 10 percent in each country. The demand for potatoes has increased by 2 percent in the United States and by 17 percent in Mexico. What can be concluded?
A. Potatoes are normal goods in both countrie
B. Potatoes are normal goods in the United States but inferior goods in Mexico.
C. Potatoes are inferior goods in the United States but normal goods in Mexico.
D. Potatoes are inferior goods in both countries.
2.Beer and pretzels are complements. There is a decrease in the supply of beer. What would we expect to see?
A. An increase in the price of beer and an increase in the demand for pretzels
B. An increase in the price of beer and a decrease in the demand for pretzels
C. A decrease in the price of beer and an increase in the demand for pretzels
D. A decrease in the price of beer and a decrease in the demand for pretzels
3.Which of the following is true of the movement along a demand curve?
A. Changes in price on quantity demanded do not take the form of a movement along the demand curve
B. The effect of a change in price on quantity demanded takes the form of a movement along the demand curve.
C. The shift of any “other” variables does not constitute movement along a demand curve.
D. Changes in income do not take the form of a movement along the demand curve
In: Economics
You will be paying $10,200 a year in tuition expenses at the end of the next two years. Bonds currently yield 9%. a. What is the present value and duration of your obligation? (Do not round intermediate calculations. Round "Present value" to 2 decimal places and "Duration" to 4 decimal places.) Present value $ Duration years b. What is the duration of a zero-coupon bond that would immunize your obligation and its future redemption value? (Do not round intermediate calculations. Round "Duration" to 4 decimal places and "Future redemption value" to 2 decimal places.) Duration years Future redemption value $ You buy a zero-coupon bond with value and duration equal to your obligation. c-1. Now suppose that rates immediately increase to 10%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation? (Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) Net position changes by $ c-2. What if rates fall to 8%? (Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) Net position changes by $
In: Finance
Programming Language : JAVA
Create an interface named Turner, with a single method called turn(). Then create 4 classes:
1- Leaf: that implements turn(), which changes the color of the Leaf object and returns true. If for any reason it is unable to change color, it should return false (you can come up with a reason for failure). The new color can be determined at random.
2- Document: that implements turn(), which changes the page on the document to the next page and returns true. If the current page is the last page of the document, then it returns false. This class should have a method called returnIdDate(), which returns a String containing the ID of the Document and the date it was published.
3- Pancake: that implements turn(), which flips the pancake if it has not flipped before and returns true. If the pancake has already been flipped, then it returns false.
4- Think of one more objects that can use turn(). Create the class and implement the turn() method. Show your creativity.
Write an application, DemoTurners, which:
In: Computer Science
In: Mechanical Engineering
Hi, I have a set of three similar questions here. I don't necessarily need them all answered. Maybe just one or two, what I really need is the formulas used in solving these types of questions and an explanation of that, which doesn't need to be detailed, just an explanation of the notation and variables used. Please!! Thanks!
25. A levered firm has a debt-to-equity ratio of 0.38 and an equity beta of 1.42. What would be the beta of the firm if it switched to an all-equity financial structure?
A) 1.420 B) 0.704 C) 0.972 D) 0.939 E) 1.029
26. Metal Roofs has an equity beta of 1.47, a capital structure with three parts of debt for every five parts of equity, and a zero tax rate. What is its asset beta?
A) 1.048 B) 0.940 C) 1.102 D) 1.006 E) 0.919
27. An all-equity firm has a beta of 0.94. Assume the beta of debt is equal to the risk-free beta. If the firm changes to a debt-equity ratio of 0.35, its equity beta would be ________, and if it changes its debt-equity ratio to 0.40, its equity beta would be ________.
A) 1.269; 1.316 B) 1.269; 1.234 C) 1.190; 1.234 D) 1.190; 1.316 E) 1.234; 1.316
In: Finance
You hold a portfolio of US Treasuries with a roughly even split between 1 year, 5 year and 10-year bonds (these are the years to maturity as of now). Assume that all US Treasury yields would have a similar outlook (obviously different yields, but the same trends for 1, 5 and 10-year bonds). Further, assume that your thoughts were in line with most of the market, that is, bond yields would continue to increase through all of 2019.
1) Back in June of 2019, under the assumptions above, which Treasuries would you sell first? Your 1, 5 or 10-year bonds and why – I want to see your thinking on maturity and price effects related to interest rate changes.
2) Explain why changes in bond yield (required returns) and bond prices are inversely related.
3) Discuss how price risk may differ for investors that intend to hold their bills/bonds to maturity vs. those that are more likely to churn or turn over their bond portfolios. This is not a big “investment class” discussion, this is about the basics that you should understand from the course material. As a hint, think about holding period return and yield to maturity as well as the value of a bond when you sell it vs. the value at maturity.
In: Finance
1. Following is the schedule of quantities that would be supplied and demanded at various prices for oranges. Price Quantity Demanded Quantity Supplied $10.00 200 600 9.00 250 550 8.00 300 500 7.00 350 450 6.00 400 400 5.00 450 350 4.00 500 300 3.00 550 250 2.00 600 200
a. Graph the supply and demand curves. Identify the market equilibrium price.
b. If 40% of the orange crop is lost due to bad weather, show the impact on the market using the chart with any changes to the supply and/or demand curves to identify the new equilibrium price. (Use the additional column on the chart as needed to calculate new quantities and graph them to identify the impact on the market.)
2- For each of the following situations, use supply and demand curves and a written description to explain the effect on the market, including the changes in equilibrium price and quantity and any initial shift in either supply or demand.
In: Economics
Since 2009, the national minimum wage has been $7.25 per hour for most occupations in the private sector. Many of those who support an increase in the minimum wage believe this is one way the government could possibly reduce poverty, while its opponents believe that it creates unemployment and hurts low-skilled workers. The following items address the idea of raising the minimum wage from the current federal minimum of $7.25 per hour.
1) Describe who the suppliers and demanders are in the labor market. Is a government-mandated minimum wage a price floor or ceiling? Discuss the effect of a minimum wage law from a supply and demand standpoint, making sure to address the concept of surplus or shortage.
2) Raising the minimum wage will also affect the labor costs of businesses. What is going to happen to the prices these businesses charge for their products? And who is going to be most affected by these price changes, those with low incomes or with high incomes?
3) Discuss any potential changes in the incentives for low-skilled workers - those who keep their jobs and their hours - to increase their human capital when the minimum wage increases. What about those who lose their jobs or never get hired? Discuss the incentives for employers to substitute capital inputs (technology and automation) for labor.
In: Economics
In: Economics