Questions
If Citigroup (one of the largest banks in the world and where I worked) makes loans...

If Citigroup (one of the largest banks in the world and where I worked) makes loans to an Italian corporation in Euros, which would they benefit the most from — a weaker or stronger US$ (with regard to the Italian loans)?



Briefly discuss how an increase in the value of the US Dollar could impact a US investor with significant foreign investments.

Briefly discuss how a decrease in the value of the US Dollar could impact a foreign investor with significant US investments.

Briefly discuss how a decrease in the value of the US Dollar could impact a US-based manufacturer that sells its products internationally.

Briefly discuss how a decrease in the value of the US Dollar could impact a foreign-based manufacturer that sells its products in the US.


Today the exchange rate is 1.0422 Canadian Dollars per US$. Last year, the exchange rate was 1.1304 Canadian Dollars per US$. Has the US$ strengthened or weakened relative to the Canadian Dollar over the last year?

In: Finance

he president of the retailer Prime Products has just approached the company’s bank with a request...

he president of the retailer Prime Products has just approached the company’s bank with a request for a $49,000, 90-day loan. The purpose of the loan is to assist the company in acquiring inventories. Because the company has had some difficulty in paying off its loans in the past, the loan officer has asked for a cash budget to help determine whether the loan should be made. The following data are available for the months April through June, during which the loan will be used:

  1. On April 1, the start of the loan period, the cash balance will be $38,500. Accounts receivable on April 1 will total $148,400, of which $127,200 will be collected during April and $16,960 will be collected during May. The remainder will be uncollectible.

  2. Past experience shows that 30% of a month’s sales are collected in the month of sale, 60% in the month following sale, and 8% in the second month following sale. The other 2% is bad debts that are never collected. Budgeted sales and expenses for the three-month period follow:

April May June
Sales (all on account) $ 480,000 $ 450,000 $ 327,000
Merchandise purchases $ 315,000 $ 183,000 $ 163,000
Payroll $ 21,400 $ 21,400 $ 19,800
Lease payments $ 34,200 $ 34,200 $ 34,200
Advertising $ 74,600 $ 74,600 $ 65,800
Equipment purchases $ 75,000
Depreciation $ 16,200 $ 16,200 $ 16,200
  1. Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases during March, which will be paid in April, total $186,000.

  2. In preparing the cash budget, assume that the $49,000 loan will be made in April and repaid in June. Interest on the loan will total $840.

Required:

1. Calculate the expected cash collections for April, May, and June, and for the three months in total.

2. Prepare a cash budget, by month and in total, for the three-month period.

In: Accounting

How are CAPM, the Fama-French model and APT? Which is more useful to the small investor...

How are CAPM, the Fama-French model and APT? Which is more useful to the small investor and why?

In: Finance

Science Model One share of Global Core Development Systems, Inc (an imaginary company with the abbreviation:...

Science Model

One share of Global Core Development Systems, Inc (an imaginary company with the abbreviation: Go-CDS) stock was priced at $14.59 on January 1, 2015. Your tasking in this problem is to determine how long does it take for a stockholder to double their money who has invested in Go-CDS? In other words, how long until the price per share has doubled.

Here are some facts about Go-CDS:

  • Very stable company with a proven track record of manufacturing.
  • The normal growth of Go-CDS's stock has averaged a monthly growth rate of 1.0000% in the share price. (This means that the price per share goes up by 1.0000% each month over the last month's price.)
  • Beginning in March 2015, each time Go-CDS releases a quarterly report (on the 15th of the months of March, June, September and December each year), the stock share price increased immediately by 2.5000% due to the continuing, favorable outlook for Go-CDS's products in the marketplace. This trend continues throughout the time period.
  • Due to a merger with another manufacturing company in the 15th month after 1/1/2015, the monthly growth rate increased to 1.1000% until the end of THAT calendar year (the last month of that year is the 24th month). Since then, the monthly growth rate increased to 1.5000% per month.
  • Unfortunately, due to a bad set of business decisions in 2017, the Board fired the CEO which instantly cut the share price on July 5, 2017 to $7.30 (the 31st month). A new CEO was immediately hired on July 10, 2017.
  • The company growth rate reset to 1.0500% per month after the new CEO was hired due to bad press.

Write a MATLAB program to solve the following questions: Use matlab to make plot

1. In what month does the stock exceed 2 times the price of $14.59?

2. Prepare a plot of the stock's per-month price movement over the course starting from the first month of year 2017 until the price has exceeded 2 times the price of $14.59. (You plot should start from month 25, and should cover the month that is the answer to Question #1.) You will need to adjust the plot routine to ONLY show these months.

To limit the plot to these months, add the following command after your xlabel and ylabel commands:

axis ([25, 56, 19, 31])
xticks (0:4:length(P))
yticks (0:2:31)

In: Computer Science

I need the java code for a 4-function calculator app on android studio (do this on...

I need the java code for a 4-function calculator app on android studio (do this on android studio). Please make sure all the requirements shown below are followed (such as the error portion and etc). The topic of this app is to simply create a 4 function calculator which calculates math expressions (add, subtract, multiply, and divide numbers).

The requirements are the following :

- The only buttons needed are 0-9, *, /, +, -, a clear, and enter button

- Implement the onclicklistener on the main activity

- The calcuator should use order of operations (PEMDAS)

- It should be able to continue from a previous answer (Ex: If you type 2+6 the calculator will display 8. If you then multiple by 2 the current result will simply be multiplied by 2)

- It should read the entire sequence of numbers and operators and save them into a String. The information can be read out of the String using a StringTokenizer. The delimiters will be the operators on the calculator.

- The entire mathematical expression will be displayed on the screen before the equal button is clicked.

- The equation will simply be evaluated in the order that the user types in the numbers rather than the precedence

- If the user enters an equation with invalid syntax, the output should display “error”. The calculator should also display “error” for any mathematical calculations that are impossible.

In: Computer Science

How do FMLA, PDA and ADA work together regarding leave policies?

How do FMLA, PDA and ADA work together regarding leave policies?

In: Operations Management

Connolly Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017 ​, it...

Connolly Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017 ​, it budgeted to manufacture and sell 3 comma 100 tires at a variable cost of $ 73 per tire and total fixed costs of $ 53 comma 500 . The budgeted selling price was $ 116 per tire. Actual results in August 2017 were 3 comma 000 tires manufactured and sold at a selling price of $ 119 per tire. The actual total variable costs were $ 240 comma 000 ​, and the actual total fixed costs were $ 50 comma 500 . Read the requirements LOADING... . Requirement 1. Prepare a performance report that uses a flexible budget and a static budget. Begin with the actual​ results, then complete the flexible budget columns and the static budget columns. Label each variance as favorable or unfavorable.​ (For variances with a​ $0 balance, make sure to enter​ "0" in the appropriate field. If the variance is​ zero, do not select a​ label.) Actual Results Units sold Revenues Variable costs Contribution margin Fixed costs Operating income Flexible-Budget Flexible Variances Budget Sales-Volume Static Variances Budget Requirement 2. Comment on the results in requirement 1. The total static-budget variance in operating income is $ There is a(n) total flexible-budget variance and a(n) sales-volume variance. The sales-volume variance arises solely because actual units manufactured and sold were than the budgeted 3,100 units. The flexible-budget variance in operating income is due primarily to the in unit variable costs. Choose from any list or enter any number in the input fields and then continue to the next question.

In: Accounting

Give an example of how the 1st Law of Thermodynamics relates to metabolism in humans

Give an example of how the 1st Law of Thermodynamics relates to metabolism in humans

In: Physics

What makes a capital market efficient? What is the value to the US investor of investing...

What makes a capital market efficient? What is the value to the US investor of investing in a capital market that is not efficient?

In: Finance

The capital asset pricing model (CAPM) suggests the investors first consider the market portfolio and then...

The capital asset pricing model (CAPM) suggests the investors first consider the market portfolio and then decide a portfolio that would require borrowing and lending to archive a desired level of risk and return trade off. For an investor who is willing to take more risk, this would mean that they borrow at the risk free rate and invest in the market portfolio and repeat the process every period. Suppose you are a long-term investor (saving for retirement) who is willing to hold a portfolio twice as risky as the market portfolio. How would you implement the suggestion of CAPM? What are the limitations? Explain.

In: Finance

Cylindrical water tanks are usually found on high-rise buildings and they are filled with water. Due...

Cylindrical water tanks are usually found on high-rise buildings and they are filled with water. Due to the weight of the water, collapses occur at the bottom of the tank. Depression (a) in the tank bottom depends on the diameter of the tank (D), the density of the water (c), the acceleration of gravity (g), the height of the water in the tank (h), the thickness of the tank bottom (t) and the modulus of the tank material (E). Using the Buckingham Pi theorem, obtain a functional expression for the collapse of the tank bottom (a).

In: Mechanical Engineering

evelop a project overview that addresses the following questions. What were the mission and objectives of...

evelop a project overview that addresses the following questions.

  • What were the mission and objectives of the project?
  • What were the high-level tasks or scope of the project?
  • How was the need for the project identified?
  • What was the cost, and how was it funded?
  • What was the timeline?
  • Who were the parties involved in the project, and what were the roles of each party (team) member?
  • What steps did you establish to ensure the project was a success?
  • How did you measure the success of your project?
  • Overall, how did project management help to make this project a success?

In: Operations Management

What minimum amount of electromagnetic energy is needed to produce an electron and a positron together?...

What minimum amount of electromagnetic energy is needed to produce an electron and a positron together? A positron is a particle with the same mass as an electron, but has the opposite charge.

E=?

In: Physics

Discuss what you believe are the common characteristics of intelligent behavior? In other words, how can...

  • Discuss what you believe are the common characteristics of intelligent behavior? In other words, how can you tell if someone is intelligent?
  • If the theory of multiple intelligences is valid, we must ask the question: how many of those intelligences are represented on IQ Tests?
  • What do IQ Tests measure?
  • What are the strengths and weaknesses of IQ tests?
  • Discuss why we need to be careful how we define intelligence and intelligent behavior. Give an example to support your stance.
  • Is wisdom a sign of intelligence? Is someone who is intelligent always wise?

In: Psychology

Java/JavaFX: Write up some simple sample code to demonstrate indirect recursion.  You can just use print statements...

Java/JavaFX: Write up some simple sample code to demonstrate indirect recursion.  You can just use print statements to demonstrate how they call one another.  

Submit your working .java file here for credit.

In: Computer Science