Question 1
Investments. Clarence?s Chief Financial Officer loves to invest, so he uses Clarence?s money to invest in shares of other companies? stock. On 1/1/2007, Clarence purchased 1,000 shares of Llama Corporation. During fiscal 2008, Clarence purchased 1,000 shares of Goat Corporation. The Llama shares were purchased for $10.50 per share and the Goat shares were purchased for $7.20 per share. At the end of fiscal 2007, the fair market value of Llama was $10.90/share. At the end of fiscal 2008, the shares of Llama and Goat were worth $10.50 and $7.20 per share, respectively. Llama Corporation declared and paid cash dividends of $0.75 per share in both 2007 and 2008; Goat Corporation declared and paid a cash dividend of $0.50 per share in fiscal 2008. Clarence?s share of Llama?s stockholders? equity at the date of purchase was 10,000, with the entire difference between cost and book value attributable to equipment with a remaining useful life of five years (Llama uses straight-line for all depreciation and amortization). Llama?s total net income was $3,000 in 2007 and $3,500 in 2008. 2. HW4 - 8 points a. What is the effect of the investment in Llama Company on net income and comprehensive income in fiscal 2008 under each of the following classifications for investments. If not zero, you must provide an amount and a sign (+ for increase income, - for decrease income). Available for Sale Trading ________________________________________________________________________ Effect on net income ___________________________________________________________________ Effect on comprehensive income b. If the equity method were used to account for the investment in Llama, what is the balance in the investment in Llama account as of 12/31/07 (assume 30% ownership for this question)? c. If the investment in Goat is accounted for as an available-for-sale security, what is its value in the assets section of the balance sheet as of 12/31/08? d. If the investment in Goat is accounted for as a trading security, what is its value in the assets section of the balance sheet as of 12/31/08?
Question 2
PART VI. Solve each of the following problems. (8 points - 2 pts each) 1. A large number of simple random samples of size n = 85 are obtained from a large population of birth weights having a mean of 3420 g and a standard deviation of 495 g. The sample mean is calculated for each sample. A) What is the approximate shape of the distribution of the sample means? ________________________________ B) Determine the expected mean and the expected standard deviation of the sample means. Mean________________________________ Std dev ________________________ 2. In a poll of 600 randomly selected subjects, 240 answered ?yes? when asked if they planned to vote in a state election. A) Construct a 95% confidence interval estimate of the proportion of all who plan to vote in that election. ________________________________ B) Construct a 99% confidence interval estimate of the proportion of all who plan to vote in that election. ________________________________ 3. Find the sample size required to estimate the mean age of registered drivers in the United States. Assume that we want 95% confidence that the sample mean is within ? year of the true mean age of the population. Also assume that the standard deviation of the population is known to be 12 years. ________________________________ 4. In a Pew Research Center poll of 800 randomly selected adults, 600 said that it is morally wrong to not report all income on tax returns. Construct a 90% confidence interval estimate of the percentage of all adults who have the belief, and then write a statement interpreting the confidence interval. ________________________________ PART VII. Solve each of the following problems. (15 points - 5 pts each) 1. In a study of incomes of individual adults in the United States, it is observed that many people have no income or very small incomes, while there are very few people with extremely large incomes, so a graph of the incomes is skewed instead of being symmetric. A researcher states that because are a normal occurrence, the distribution of incomes is a normal distribution. Is that statement correct? ___________ Why or why not? (Explain)_________________________________________________________________________ ________________________________________________________________________________________________________ _________________________________________________________________________________________________________ 2. If you conduct a poll by surveying all of your friends that you see during the next week, which of the following terms best describes the type of sampling used: random, systematic, cluster, convenience, voluntary response? ______________________________________________________ Is the sample likely to be representative of the population?__________ Explain _______________________________________________________________________________________________ ________________________________________________________________________________________________________ _________________________________________________________________________________________________________ 3. Jane Doe learns that the Newland Agency has hired only 15 women among its last 40 new employees. She also learns that the pool of applicants is very large, with an equal number of qualified men and women. A) Find the probability that among 40 such applicants, the number of women is 15 or fewer. ________________________________ B) Based on the result, is there strong evidence to charge that the Newland Agency is discriminating against women? ________________________________ PART VIII. Solve each of the following problems. (12 points ? 4 pts each) 1. At a local college, two professors, Saber and Tooth, are each teaching large sections of introductory statistics with 500 students in each section. They decide to compare the results from their first exam. It would be too cumbersome to compare all 1000 students, so they decide to select a random sample of 50 students from each section. They want to find out whether or not the mean scores of students? performance in these two sections is comparable for this one exam. A) State the null hypothesis and alternative hypothesis. Null Hyp________________________________ Alt Hyp________________________________ Indicate the type of test to be performed (left-tailed, right-tailed, or two-tailed). ________________________________ B) Provide a statement in terms of the hypothesis testing process in this problem that would signify a Type I Error has been committed. ____________________________________________________________________ C) Provide a statement in terms of the hypothesis testing process in this problem that would signify a Type II Error has been committed. ___________________________________________________________________ 2. The effectiveness of treating respiratory infections with herbal remedies was studied. ?Days of fever? was used to measure effects. Among 233 children treated with herbal remedies, the mean number of days with fever was 0.36, with a standard deviation of 1.53 days. Among 293 children given a placebo, the mean was 0.77, with a standard deviation of 1.14 days. Do not assume the population standard deviations are equal. A) State the null hypothesis and alternative hypothesis. Null Hyp________________________________ Alt Hyp________________________________ Indicate the type of test to be performed (left-tailed, right-tailed, or two-tailed). ________________________________ B) Provide a statement in terms of the hypothesis testing process in this problem that would signify a Type I Error has been committed. ____________________________________________________________________ C) Provide a statement in terms of the hypothesis testing process in this problem that would signify a Type II Error has been committed. ___________________________________________________________________ 3. A genetic experiment with peas resulted in one sample of offspring that consisted of 438 green peas and 159 yellow peas. A) Construct a 90% confidence interval to estimate the percentage of yellow peas ________________________________ B) It was expected that 25% of the offspring peas would be yellow. Given that the percentage of offspring yellow peas is not 25%, do the results contradict expectation?_______ Why?_________________________________________________________________________________________________ ________________________________________________________________________________________________________,it's me again
Question 3
Problem 13-58 Accounting for Stock Transactions Equity Financing: Problems LO2, LO3, LO9, LO11 Morris Corporation is publicly owned, and its shares are traded on a national stock exchange. Morris has 16,000 shares of $2 stated value common stock authorized. Only 75% of these shares have been issued, and of the shares issued, only 11,000 are outstanding. On December 31, 2012, the Stockholders' Equity section revealed that the balance in Paid-In Capital in Excess of Stated Value was $416,000, and the Retained Earnings balance was $110,000. Treasury stock was purchased at an average cost of $37.50 per share. During 2013, Morris had the following transactions: Jan. 15 Morris issued, at $55 per share, 800 shares of $50 par, 5% cumulative preferred stock; 2,000 shares are authorized. Feb. 1 Morris sold 1,500 shares of newly issued $2 stated value common stock at $42 per share. Mar. 15 Morris declared a cash dividend on common stock of $0.15 per share, payable on April 30 to all stockholders of record on April 1. Apr. 15 Morris reacquired 200 shares of its common stock for $43 per share. Morris uses the cost method to account for treasury stock. 30 Morris paid dividends. 30 Employees exercised 1,000 options granted in 2008 under a fixed stock option plan. When the options were granted, each option entitled the employee to purchase one share of common stock for $50 per share. The share price on the grant date was $51 per share. On April 30, when the market price was $55 per share, Morris issued new shares to the employees. The fair value of the options at the grant date was $6. May 1 Morris declared a 10% stock dividend to be distributed on June 1 to stockholders of record on May 7. The market price of the common stock was $55 per share on May 1 (before the stock dividend). (Assume that treasury shares do not participate in stock dividends.) 31 Morris sold 150 treasury shares reacquired on April 15 and an additional 200 shares costing $7,500 that had been on hand since the beginning of the year. The selling price was $57 per share. June 1 Morris distributed the stock dividend. Sept. 15 The semiannual cash dividend on common stock was declared, amounting to $0.15 per share. Morris also declared the yearly dividend on preferred stock. Both are payable on October 15 to stockholders of record on October 1. Oct. 15 Morris paid dividends. Net income for 2013 was $50,000. Assume that revenues and expenses were closed to a temporary account, Income Summary. Use this account to complete the closing process. Instructions: Compute the number of shares and dollar amount of treasury stock at the beginning of 2013. Make the necessary journal entries to record the transactions in 2013 relating to stockholders' equity. Prepare the Stockholders' Equity section of Morris Corporation's December 31, 2013, balance sheet.
Question 4
Conch Republic Electronics Conch Republic Electronics is a mid sized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is a personal digital assistant (PDA). Conch Republic currently has one PDA model on the market, and sales have been excellent. The PDA is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current PDA has limited features in comparison with newer models. Conch Republic developed a prototype for a new PDA that has all the features of the existing PDA but adds new features such as cell phone capability. The company has performed a marketing study to determine the expected sales figures for the new PDA. Conch Republic can manufacture the new PDA for $200 each in variable costs. Fixed costs for the operation are estimated to run $4.5 million per year. The estimated sales volume is 70,000, 80,000, 100,000, 85,000, and 75,000 per each year for the next five years, respectively. The unit price of the new PDA will be $340. The necessary equipment can be purchased for $16.5 million and will be depreciated on a 5 year straight-line schedule. Net working capital investment for the PDAs will be $6,000,000 the first year of operations. Of course NWC will be recovered at the projects end. Conch Republic has a 35 percent corporate tax rate and a 12 percent required return. Shelly has asked Jay to prepare a report that answers the following questions: should be done in excel What is the IRR of the project and what is the NPV of the project, based on the required rate of return of 12%?
Question 5
Analysis should address the following: ? Conduct research and provide an analysis of BP?s strategy before the accident occurred using appropriate strategic frameworks (which you have learned throughout this module) ? Discuss implications of BP?s strategy in terms of public perception and its possible impact on business performance ? Critically discuss BP?s ability to strike a balance between its interests and wider needs and expectations in light of the strategic frameworks and models you have encountered Submit approximately 2,000 words in which you: ? Identify the key issues in the situation ? Research related literature on strategy, e.g. positioning, resource-based view, dynamic capabilities. ? What was BP?s strategy prior to the accident? How can their actions be understood in light of the strategic frameworks you have encountered? Summarise and demonstrate understanding of related literature. Submission be sure to cite and reference examples from the module textbook and journal articles presented in this module as well as resources you identify from your own research. Your submissions should demonstrate critical analysis of the topic and a coherent application of related theories.,Dear Ma'am, I don't understanding your question well.,Ma,am, You Provided solution for me in week 1 (coca-cal a) war. Now week 2 solution also you are working on. Week 3 I will come to you. The current is for week4.,Let me check with my tutor. I believe is same.,Ma'am, Your solution business.docx has some issue on similarity index. I have been asking any update. No response. Can u pls have look.,Please ensure there is no plagiarism also follow the Harvard format and style. attached harvard standards. feedback from Tutor on QID: 7231059 I got the feedback from tutor. this feedback is for last week solutions. Trust this solutions follow the below style. I did not get good grade for this assignment. but at the same time it is not too bad. Your soultion was good. It was well structured and demonstrated knowledge of the 5 forces model and how to use it. Well done for listed 2 references, but remember (a) the standard here is Harvard format and (b) for a reference to be a reference (and not just bibliography) there has to be at least 1 Harvard-style citation in the text pointing to it. "" Harvard reference guide is attached.,I think today is deliver date for QID:7258163.,Hi, Feedback : QID: 7258163 Almost 50% is plagiarism. References are not correctly used. Many of the missing links. Please do the correction. I am attached plagiarism report.,Any update.,Can I ask you to please tell me exactly where you got the idea that "Shell BP" is just one company?,But in your solution you have meant ion that both are same company. My professor asking me this question.,I have made some of the changes in your document. I am looking for similar report. Can you please help in the same type of document for new assignment. I will submit new request.,similar new assignment. but I need the same format which I have attached. you are earlier solution was full of plagiarism and irrelevant reference link. can you assure the same format I have attached. the new assignment is continue of that. please relp,the new assignment details MODULE PROJECT INSTRUCTIONS-WEEK 7 trategy occurs in increasingly complex environments which are continually reshaped by forces of globalisation and by technological advances. These changes not only affect the pace of change in the organisation?s environment, as well as in its resource portfolio, it also requires of strategic managers a heightened sensitivity to the public appearance of their decisions. The ubiquity of media and electronic communication in our daily lives affords the public hitherto unimaginable insights into managerial or political communications as, for instance in the case of Wikileaks, and holds the possibility of projecting newsworthy issues onto a world-wide audience. Moreover, empowered by the ability to choose between many potential suppliers from around the world to satisfy their needs, consumer choices are increasingly based on ethical considerations. The ways in which a firm?s actions are perceived are therefore of paramount importance when making strategic decisions. However, this raises the question of the suitability of strongly analytical strategy formation processes, as well as dominantly endogenous, resource-focussed approaches to sufficiently consider the importance of the symbolic capital (Holt and McNulty 2008) that establishes authority and credibility with various stakeholders. Following your analysis of a Shell oil spill in Nigeria in the ?becoming a leader? module, you are now asked to consider the strategic implications of the recent BP Deepwater Horizon accident. Your analysis should include thoughtful consideration of the MBA programme threads. You will find information and outcomes from the event in the following article: http://www.ft.com/cms/s/0/c1945fcc-c0f4-11df-99c4-00144feab49a.html#axzz1Azmu20Ut In addition, you may want to incorporate ideas from the following articles in your project: Tsoukas, H. (1999) ?David and Goliath in the risk society: making sense of the conflict between Shell and Greenpeace in the North Sea?, Organization, 6 (3): 499-528. Holt, R. & McNulty, T. (2008) ?Securing the license to act: a foundational capability?, Journal of Strategy and Management, 1 (1): 72-92. Your final module project analysis should address the following: Conduct research and provide an analysis of BP?s strategy before the accident occurred using appropriate strategic frameworks (which you have learned throughout this module) Discuss implications of BP?s strategy in terms of public perception and its possible impact on business performance Critically discuss BP?s ability to strike a balance between its interests and wider needs and expectations in light of the strategic frameworks and models you have encountered In the final submission, in week 7, submit approximately 4,000 words in which you address the following: Synthesise theories and models from the module readings and literature (that address the issue in the situation). Utilise effective discussion, analysis and conclusions showing critical thinking to propose solutions and address the following questions: What are the implications of BP?s strategy in terms of public perception and how may this impact upon their performance? Critically discuss BP?s ability to strike a balance between its interests and wider needs and expectations in light of the strategic frameworks and models you have encountered. Provide correct referencing and citation Be sure to cite and reference examples from the module textbook and journal articles presented in this module as well as resources you identify from your own research. Your submission should demonstrate critical analysis of the topic and a coherent application of related theories.,Feedback On Question ID: 7258163 I'm not satisfied with your answers on either point. I have gone back to Week 4 and studied your paper more closely. The MP1 assignment asked for the following: Identify the key issues in the situation Research related literature on strategy, e.g. positioning, resource-based view, dynamic capabilities. What was BP?s strategy prior to the accident? How can their actions be understood in light of the strategic frameworks you have encountered? Summarise and demonstrate understanding of related literature On reading your paper more closely, I found a very weak match between what you wrote, and the objectives above. Your writing, though detailed and original, was generic and descriptive. I've concluded that my original assessment of your paper was wrong, and I've therefore reduced your grade for this assignment to F. What should I respond to my Tutor?,Ma'am, Please take your time and give me some explanation which can be acceptable my tutor. Regards Khader,Ma'am, Please take your time and give me some explanation which can be acceptable my tutor. Regards Khader
