Questions
Causes, costs, resolution methods and regulatory lessons of Icelandic Banking Crises

Causes, costs, resolution methods and regulatory lessons of Icelandic Banking Crises

In: Economics

What are the core concepts and methods of Kinematics? What are the core concepts and methods...

What are the core concepts and methods of Kinematics?

What are the core concepts and methods of Dynamics?

What are the core concepts and methods of Work-Energy relationships?

How all of the above are related?

How consideration of others perspectives changed or improved your thinking on all of the above?

In: Physics

In response to the adverse effects of COVID-19, the federal government introduced some palliative measures such...

In response to the adverse effects of COVID-19, the federal government introduced some palliative measures such as Canada Emergency Response Benefit (CERB) and Canada Emergency Wage Subsidy (CEWS).

  1. Are CERB and CEWS tools of fiscal or monetary policies?
  2. Which component(s) of aggregate demand (AD) would CERB directly impact?
  3. Which component(s) of aggregate demand (AD) would CEWS directly impact?
  4. Is CERB a transfer payment? Explain
  5. On Wednesday, April 15, 2020, the federal government made some changes to CERB eligibility criteria. Information on the Canada Revenue Agency (CRA)’s website states that “The CERB is now available if you earned $1000 (before taxes) or less during an eligibility period.” Now that the eligibility criteria have been relaxed, what effect would it have on the labour supply of those who will earn $1001 (before taxes) during an eligibility period?
  6. Given that the federal government intends to phase out the CERB in September 2020, what do you think the government anticipate would happen to the unemployment rate by September 2020?
  7. For CERB to achieve the desired objective, what do you think the federal government anticipates would happen to the marginal propensity to expend (MPE)?

In: Economics

The arclength of the curve r(t) = 2 cos3 (πt/2), 2 sin3 (πt/2), 1, between the...

The arclength of the curve r(t) = 2 cos3 (πt/2), 2 sin3 (πt/2), 1, between the points r = (2, 0, 1) and r = (0, 2, 1), is given by?

In: Civil Engineering

Praxis Corp. is expected to generate a free cash flow (FCF) of $135.00 million this year...

Praxis Corp. is expected to generate a free cash flow (FCF) of $135.00 million this year (FCF₁ = $135.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF₂ and FCF₃). After the third year, however, the FCF is expected to grow at a constant rate of 2.10% per year, which will last forever (FCF₄). Assume the firm has no nonoperating assets. If Praxis Corp.’s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Praxis Corp.? (Note: Round all intermediate calculations to two decimal places.)

$4,297.21 million

$5,156.65 million

$428.32 million

$5,075.46 million

Praxis Corp.’s debt has a market value of $3,223 million, and Praxis Corp. has no preferred stock. If Praxis Corp. has 525 million shares of common stock outstanding, what is Praxis Corp.’s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)

$2.05

$1.05

$6.14

$2.25

In: Finance

In economics, the intertemporal allocation of a scarce, depletable resource across generations is efficient, but not...

In economics, the intertemporal allocation of a scarce, depletable resource across generations is efficient, but not necessarily fair . give some example and explain.

In: Economics

PROBLEM 1 Match the internal control in the first column with Applicable control activities Adequate separation...

PROBLEM 1

Match the internal control in the first column with

  1. Applicable control activities
    1. Adequate separation of duties
    2. Adequate documents and records
    3. Proper authorization of transactions
    4. Physical controls over assets and documents
    5. Independent checks on performance
  2. Transaction related audit objective (not-assigned, for class discussion only)

INTERNAL CONTROL

a.

CONTROL ACTIVITY

b.

TRANSACTION-
RELATED AUDIT OBJECTIVE(S)

1.

Sales invoices are matched with shipping documents by the computer system and an exception report is generated.

2.

Receiving reports are prenumbered and accounted for on a daily basis.

3.

Sales invoices are independently verified before being sent to customers.

4.

Payments by check are received in the mail by the receptionist, who lists the checks and restrictively endorses them.

5.

Labor hours for payroll are reviewed for reasonableness by the computer system.

6.

Checks are signed by the company president, who compares the checks with the underlying supporting documents.

7.

Unmatched shipping documents are accounted for on a daily basis.

8.

The computer system verifies that all payroll payments have a valid employee identification number assigned
by the human resources department at the time of hiring.

9.

The accounts receivable master file is reconciled to the general ledger on a monthly basis.

In: Accounting

What were causes, costs, resolution methods and regulatory lessons learnt from 2008 Irish Banking Crisis

What were causes, costs, resolution methods and regulatory lessons learnt from 2008 Irish Banking Crisis

In: Economics

Can we say that If a game has a unique nash equilibrium, it is also a...

Can we say that If a game has a unique nash equilibrium, it is also a dominant strategy equilibrium. How can we prove this statement? This is just a statement. we should find whether it is true or not by making proof.

In: Economics

The Diversified Portfolio Corporation provides investment advice to customers. A condensed income statement for the year...

The Diversified Portfolio Corporation provides investment advice to customers. A condensed income statement for the year ended December 31, 2018, appears below:

Service revenue $ 1,220,000
Operating expenses 900,000
Income before income taxes 320,000
Income tax expense 96,000
Net income $ 224,000


The following balance sheet information also is available:

12/31/18 12/31/17
Cash $ 439,000 $ 90,000
Accounts receivable 160,000 120,000
Accounts payable (operating expenses) 110,000 80,000
Income taxes payable 30,000 55,000


In addition, the following transactions took place during the year:

  1. Common stock was issued for $140,000 in cash.
  2. Long-term investments were sold for $70,000 in cash. The original cost of the investments also was $70,000.
  3. $100,000 in cash dividends was paid to shareholders.
  4. The company has no outstanding debt, other than those payables listed above.
  5. Operating expenses include $50,000 in depreciation expense.


Required:
1. Prepare a statement of cash flows for 2018 for the Diversified Portfolio Corporation. Use the direct method for reporting operating activities.
2. Prepare the cash flows from operating activities section of Diversified’s 2018 statement of cash flows using the indirect method.

In: Accounting

What is Corporate Governance? Identify the objectives of the good corporate governance.

What is Corporate Governance? Identify the objectives of the good corporate governance.

In: Accounting

The macroeconomy of the TELLA is represented by the following model. Goods Market Y=C+I+G+X-M C=200+0.7(T-T) T=0.2YI=100-10r...

The macroeconomy of the TELLA is represented by the following model.

Goods Market

Y=C+I+G+X-M

C=200+0.7(T-T)

T=0.2YI=100-10r

G=150

EX=200

IM=0.1Y

Money Market

Md=1000-6666r

Ms = [(C/D+1)/(C/D+R/D)]H

Where C/D=0.2; R/D=0.2 and H=200

Use this model to answer the following questions:

1) The value of the money multiplier in this model is:

A) 2.0

B) 2.5

C) 3.0

D) 3.5

E) 4.0

2) The value of the expenditure multiplier in this model is:

A)1.54

B)4.23

C)2.51

D)1.85

E) 3.50

3) The value of autonomous

expenditure in this model is:

A) Not determinable.

B) 549.4 billion $

C) 599.4 billion $

D) 649.4 billion $

E)  699.4 billion $

4) The value of GDP in this economy is:

A) 1203 billion $

B)  650 billion dollars

C) 1503 billion dollars

D) 950 billion dollars

E) 1703 billion dollars

5) The value of the export balance and the government budget balance is:

A) a trade surplus of 80 billion $ and a budget surplus of 90.6 billion $

B) a trade deficit of 80 billion $ and a budget surplus

of 90.6 billion $

C) a trade deficit of 80 billion $ and a budget deficit of 90.6 billion $

D) a trade surplus of 80 billion $ and a budget deficit of 90.6 billion $

E) It is not possible to calculate these figures from the information provided.

In: Economics

16) If the Fed makes an open market ________ of government securities, the federal funds rate...

16) If the Fed makes an open market ________ of government securities, the federal funds rate will ________ as the quantity of money ________.

A) purchase; rise; increases

B) sale; fall; increases

C) purchase; fall; decreases

D) sale; rise; decreases

17) If the Fed makes an open market ________ of government securities, the federal funds rate ________ and the immediate impact is to shift the aggregate ________ curve.

A) purchase; falls; demand

B) sale; falls; demand

C) sale; rises; supply

D) purchase; rises; supply

18) If the Fed makes an unexpected open market ________ of government securities, the aggregate ________ curve shifts rightward and ________.

A) sale; supply; the short-run Phillips curve shifts upward

B) purchase; demand; the short-run Phillips curve shifts downward

C) sale; demand; there is a movement along the short-run Phillips curve

D) purchase; demand; the long-run Phillips curve shifts rightward

19) When the Fed enacts monetary policy, in the short run it changes

A) the AD curve.

B) the SAS curve.

C) both the AD and SAS curves.

D) potential GDP.

20) If the economy is at potential GDP and the Fed makes an open market sale of government securities, in the long run the aggregate ________ curve shifts ________ and the price level ________.

A) demand; rightward; rises

B) supply; leftward; rises

C) demand; leftward; falls

D) supply; leftward; falls

please answer everything and correct thankyou

In: Economics

1. A 1400 kg car goes around a corner with a radius of curvature= 60m. a)...

1. A 1400 kg car goes around a corner with a radius of curvature= 60m.

a) if the coefficient of static friction between the tires and the roads is 0.800 what is the maximum speed the driver can go before skidding. the curve is unbanked/flat.

2. A 2.40kg uniform rod of length of .750m rotates about its center. At t=0, its angular speed =2.50 rad/sec. It smoothly increases its rotation rate with an acceleration a=1.50 rad/s^2

a) what is its angular speed at t=6.50 seconds

b) how many radians would a spot on the rod have gone during those 6.50 seconds

c) what is the linear speed at t=6.50 seconds at the spot at the end of the rod

d) find the force that would need to be applied tangentially to the end of the rod have this acceleration

In: Physics

A 5.80 x 103 kg delivery truck moving with a velocity of 20 m/s hits a...

A 5.80 x 103 kg delivery truck moving with a velocity of 20 m/s hits a 1.50 x103 kg parked car. As a result of the impact, the car was set in motion at 31.8 m/s. (Assume the car –truck to be an isolated system) (a) Sketch the situation. (b) Find the velocity of the truck immediately after the collision; (c) Find the kinetic energy of the car-truck system before and after the collision. (d) Is the car-truck collision elastic or inelastic? Explain (e) What is the change in momentum of the car? Assuming the collision time to be 2 seconds, how much average impact force did the car experience? (f)What is the change in the momentum of the truck? Solve for the impact force experienced by the truck.

In: Physics