Major issues from IKEA company global supply chain during Covid-19:COVID-19 outbreak has impacted the operations of companies worldwide, and IKEA company is no exception. There are major issues in the supply chain that have affected the company's operations. These issues are mainly related to production, logistics, and inventory management.
Analysis of the major issues identified in IKEA company global supply chain during Covid-19:Production: The decline in production capacity has had a significant impact on the company's financial performance. The company's suppliers have been impacted by the restrictions, leading to reduced orders. The company should have diversified its suppliers' base to minimize the supply chain disruption. The company should also adopt a flexible supply chain strategy that allows it to adapt to the changing demand and supply conditions. Logistics: The challenges related to logistics have impacted the transportation of goods from suppliers to factories and stores. The company should consider local sourcing of raw materials and establish distribution centers closer to its factories and stores. This will minimize transportation costs and reduce the delivery time of raw materials and finished products. The company should also adopt a lean supply chain strategy that focuses on minimizing waste and maximizing efficiency. Inventory management: The pandemic has created a significant challenge in inventory management. With the closure of IKEA stores, the company had to manage inventory levels. The company should adopt a just-in-time inventory management system that minimizes inventory holding costs. The company should also establish an efficient inventory management system that monitors the inventory levels and adjusts the production capacity to match the demand. This will minimize overburdening of distribution centers with inventory levels and reduce delays in the supply chain. In conclusion, IKEA company has experienced significant challenges in its global supply chain due to the Covid-19 pandemic. The company should adopt a flexible supply chain strategy that allows it to adapt to the changing demand and supply conditions. The company should also consider local sourcing of raw materials, establish distribution centers closer to its factories and stores, and adopt a just-in-time inventory management system that minimizes inventory holding costs. The company's supply chain management team should monitor the supply chain performance and adjust the supply chain strategy to improve efficiency.
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5. The bid price of XYZ stock is $72.95 and it ask price is
$73.05. Compute its bid-ask % spread.
The bid-ask spread for XYZ stock is 13.7%. The bid-ask spread percentage is a measure used in financial markets to quantify the difference between the bid price and the asking price of a security.
Given information,
Bid price = $72.95
Ask price = $73.05
Now, the bid-Ask Spread percentage is given by:
Bid-Ask Spread % = ((Ask Price - Bid Price) / Ask Price) × 100
Bid-Ask Spread % = (($73.05 - $72.95) / $73.05) × 100
Bid-Ask Spread % = ($0.10 / $73.05) × 100
Bid-Ask Spread % = 0.137 × 100
Bid-Ask Spread % = 13.7%
Therefore, the bid-ask spread for XYZ stock is 13.7%.
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Provide a case summary and include the significance of the
outcome in Ermogenous v Greek Orthodox Community of SA Inc
(2002) 209 CLR 95.
Ermogenous v Greek Orthodox Community of SA Inc (2002) 209 CLR 95 was a significant case involving a dispute over the ownership of a burial plot in a Greek Orthodox cemetery.
The case centered around the question of whether a religious organization had the authority to determine who could be buried in the cemetery. The High Court of Australia held that the Greek Orthodox Community did not have absolute control over the burial plots, and individuals had the right to be buried according to their own religious beliefs and practices.
The significance of the outcome in Ermogenous v Greek Orthodox Community of SA Inc lies in the recognition and affirmation of an individual's right to practice their religious beliefs, even in a community setting.
The case clarified that religious organizations cannot have unlimited control over the burial plots and cannot restrict individuals from being buried according to their own religious traditions. It established a precedent that promotes religious freedom and respects the autonomy of individuals in matters of burial and religious practices. This case highlighted the importance of balancing the rights of religious organizations with the rights of individuals within a community context.
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Create a balance sheet with the following information:
Tuttle Photo Co.
Worksheet
For the Year Ended December 31, 2018
Accounts Debit Credit
Cash $15,000
Accounts Receivable 30,000
Prepaid Insurance 7,500
Office Supplies 3,200
Building 160,000
Accumulated Depreciation—Building $12,000
Equipment 75,000
Accumulated Depreciation—Equipment 8,500
Land 40,000
Accounts Payable 12,000
Salaries Payable 2,000
Unearned service revenue 25,000
Mortgage Payable 100,000
R. Tuttle, Capital 21,290
R. Tuttle, Withdrawals 23,000
Service Revenue 289,000
Salaries Expense 61,000
Depreciation Expense—Building and Equipment 6,150
Office Supplies Expense 14,040
Insurance Expense 14,000
Utilities Expense 20,900 ________
Total $469,790 $469,790
A balance sheet is a financial statement that shows the assets, liabilities, and equity of a company on a given date. To create a balance sheet with the given information, we need to first determine the missing value.
Since the total is given as $469,790, we can subtract the other two values to find the missing value. Total - Service Revenue - Utilities Expense = Missing Value$469,790 - $289,000 - $20,900 = $159,890 .
Therefore, the missing value is $159,890 and the balance sheet can be created as follows:Assets: (no information given, so assume $0) Liabilities: (no information given, so assume $0) Equity: Service Revenue $289,000 Utilities Expense $20,900 Net Income (Service Revenue - Utilities Expense) $268,100 Total Equity $428,990 Total Liabilities and Equity $428,990 + $0 = $428,990.
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in 2000 word Explain how social media will affect organizations and their knowledge management solutions practices
Social media will continue to have a profound impact on organizations and their knowledge management practices.
It enables seamless collaboration and knowledge sharing across geographies and departments, fostering innovation and agility.
Organizations can leverage social media platforms to gather insights, monitor trends, and engage with customers, employees, and stakeholders. Social media also provides a wealth of user-generated content that can be harnessed to enhance knowledge repositories and improve decision-making processes.
However, organizations must navigate challenges such as information overload, privacy concerns, and the need for effective filtering mechanisms to ensure the reliability and relevance of shared knowledge.
Overall, social media presents both opportunities and challenges in shaping organizations' knowledge management solutions practices.
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Social media, a relatively new phenomenon, is currently being used by organisations to promote participation and knowledge sharing with the goal of enhancing company operations. Social media may be able to help a variety of knowledge management (KM) techniques in this situation.
Social media promotes practises for knowledge management. An expert's knowledge intervention in online communities can guarantee ongoing knowledge production and dissemination. The interplay between the value of and gaps in knowledge exchange, the perceived utility of social media for knowledge exchange, and the impact of social media use on the success of such an activity influences employees' intentions to use social media to enhance internal knowledge exchange
The resource "knowledge" is supported through social media. Social media enhances the overall quality of the information base and various forms of knowledge. Different categories of knowledge, such as structural knowledge, relational capital, and social capital, can be impacted by social media (directly and indirectly). Social media has the power to make communication visible, which benefits organisations' meta-knowledge.
Social media facilitates the removal of knowledge management obstacles. Through the provision of relevant information, the identification of knowledgeable individuals, the creation of a virtual context, the utilisation of collective wisdom, and the development of trust, social media can help to ease knowledge difficulties. Social media platforms' interactive characteristics can help organisations overcome national culture as a barrier to KM.
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Why does a full carry model apply so well to the US Treasury bond and S&P 500 futures contracts? What modifications do we have to make to the carry model to value US treasury bond futures? What modification do we have to make to the carry model to value S&P 500 futures contract? Why? We moved from a relatively complicated minimum variance hedge ratio (MVHR) to a much simpler dollar offset ratio (DOR). Can you explain the logic of this movement from MVHR to DOR?
Carry model, or roll-down, refers to the expected profit (or loss) that an investor would realize when holding a long futures contract to maturity. A full carry model, in which the future price is expected to revert to its spot price over the contract's life, applies well to the US Treasury bond and S&P 500 futures contracts.
To value US Treasury bond futures, modifications have to be made to the carry model by including the term structure of interest rates. The modification that has to be made to the carry model to value S&P 500 futures contract is to include the dividend yield of the index in the model. This is because stock indices pay dividends to shareholders and the dividends paid affect the future price of the stock index. Hence, including dividend yield makes the carry model more accurate in valuing S&P 500 futures contract. The movement from a relatively complicated minimum variance hedge ratio (MVHR) to a much simpler dollar offset ratio (DOR) is due to the inefficiency of the MVHR method, which leads to excessive transactions cost. DOR was adopted to reduce transactions costs while still providing adequate hedging. The DOR method involves calculating the number of futures contracts needed to be shorted by multiplying the value of the hedged item by the DOR percentage. The DOR is much simpler than MVHR because it does not require continuous rebalancing.
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Helen Morgan opens a brokerage account and purchases 500 shares of Telkom stock at a price of R37.50 per share. The initial margin is 40%. A year later, the price of Telkom stock has fallen to R30 per share, what is the rate of return received by the investor? (Commisions and interest are ignored)
Helen Morgan has opened a brokerage account and has purchased 500 shares of Telkom stock at a rate of R37.50 per share. The initial margin is 40%. A year later, the price of Telkom stock has fallen to R30 per share. In order to calculate the rate of return that the investor has received, we have to first find the amount of money that was borrowed and the amount of money that was invested.
When you purchase shares of stock on margin, you are borrowing money from a broker to make the purchase. The amount of money that you are required to invest up front is known as the initial margin. If the value of the stock declines after you have purchased it, then the amount of money that you have borrowed may exceed the amount of money that you have invested. This can lead to a margin call, which requires you to deposit additional funds to maintain the required margin.The rate of return that you receive on your investment will depend on a number of factors, including the initial price of the stock, the amount of money that you borrow, the decline in the price of the stock, and the amount of money that you have remaining after the decline. In order to calculate the rate of return, you will need to take into account the amount of money that you have invested, the amount of money that you have borrowed, and the amount of money that you have remaining after the decline.
Helen Morgan received a rate of return of 40% on her investment in Telkom stock. This means that her investment has grown by 40% over the course of one year, despite the decline in the price of the stock. If the rate of return had been negative, then the amount of money that she would have lost would have been even greater, as she would have been required to deposit additional funds to maintain the required margin.
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Four claims are listed below. If you think it is false: either disprove it or give a counter example.
A) Shortest path problem is an NP-Hard problem.
B) Travelling Salesman Problem can be solved in polynomial time with an enumeration (or exhaustive) algorithm.
C) Dijkstra's Algorithm guarantees an optimal solution for any given graph with negative edges.
D) 2-center facility location problem cannot be solved in polynomial time. E) Union of two non-convex sets cannot be convex.
The statement that is false from the options given is B) Travelling Salesman Problem can be solved in polynomial time with an enumeration (or exhaustive) algorithm.
NP-Hard problems are those which are as hard as the hardest NP problems. The Travelling Salesman Problem is NP-Hard as it is a Hamiltonian Cycle problem, which is one of the NP-Hard problems. Hence, statement A is true.
The Travelling Salesman Problem is a famous example of an NP-Hard problem and it is known to be one of the most difficult problems in computer science. It is also known as an optimization problem. It is easy to state but hard to solve in practice. The exhaustive enumeration algorithm takes factorial time to solve the problem and is not polynomial. Hence, statement B is false.
Dijkstra's algorithm guarantees an optimal solution for any given graph without negative edges. Hence, statement C is false.
The 2-center facility location problem can be solved in polynomial time. Hence, statement D is false.
The Union of two non-convex sets may or may not be convex. Hence, statement E is true.
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Many young people can speak a variety of languages. What impact will this have in the marketplace in future? Select one: a. They will want to access information on the Internet in a variety of languages. b. They will do their shopping online. C. They will want culturally specific websites to engage with. d. They will be challenging to market to.
In future, the impact of the ability of many young people to speak a variety of languages in the marketplace will result in them wanting to access information on the Internet in a variety of languages. The correct option is a.
This means that businesses will need to adapt their marketing strategies to cater to a multilingual audience by creating culturally specific websites and making sure that their products and services are marketed in different languages.
The ability to speak multiple languages is becoming more important in a globalized world where businesses and organizations are expanding their operations to different countries and regions. This will make these young people an asset in the workforce as they will be able to communicate with customers, clients, and business partners in different languages.
They will be able to create new business opportunities and partnerships with companies from different parts of the world. However, with the ability to speak multiple languages, these young people will also be challenging to market to. This is because they will have higher expectations of businesses and will want to be engaged in a more culturally specific way.
They will expect businesses to provide them with personalized experiences that cater to their specific cultural needs. Therefore, businesses will need to invest in developing websites that are tailored to the specific needs of each market they operate in. Businesses that do not adapt to these changes will be at a disadvantage and will struggle to compete in a global marketplace.
Therefore, The correct option is a.
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a business that performs tasks for customers. a. franchise b. corporation c. service business d. retail business
A business that performs tasks for customers are service business. So option c is correct.
A service business is a type of business that provides intangible products or services to customers. This can include businesses such as restaurants, hair salons, and car washes. Service businesses typically perform tasks for customers, such as cooking food, cutting hair, or washing cars.
A franchise is a business that is owned and operated by an individual or group of people, but which uses the name, branding, and products of a larger company. Franchises are typically not considered service businesses, as they do not perform tasks for customers.A corporation is a legal entity that is separate from its owners. Corporations can be either service businesses or retail businesses.
A retail business is a type of business that sells goods to customers. Retail businesses typically do not perform tasks for customers, as they are simply selling goods.
Therefore ,option c is correct.
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Paraphrase the following lines from the beginning of Idylls of the King.
For many a petty king ere Arthur came Ruled in this isle, and ever waging war Each upon other, wasted all the land; And still from time to time the heathen host Swarmed overseas, and harried what was left. And so there grew great tracts of wilderness, Wherein the beast was ever more and more, But man was less and less, till Arthur came. For first Aurelius lived and fought and died, And after him King Uther fought and died, But either failed to make the kingdom one. And after these King Arthur for a space, And through the puissance of his Table Round, Drew all their petty princedoms under him. Their king and head, and made a realm, and reigned.
Idylls of the King is a poem by Alfred Lord Tennyson. The opening lines of the poem describe the chaos and lack of unity in Britain before King Arthur arrived to unify the land: Before Arthur came to power, many petty kings ruled over Britain, and they were always fighting each other, which led to the destruction of the land.
The heathen host frequently invaded and plundered what remained. As a result, large areas of wilderness emerged, where animals became increasingly dominant, and humans became fewer and fewer. Aurelius was the first king who fought and died, followed by King Uther.
Despite their best efforts, they could not unite the kingdom. Eventually, King Arthur came to power, and he managed to bring all the petty kingdoms together under one banner. By doing so, he became the king and the leader of all the kingdoms, and he created a united kingdom that he could rule over.
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In your own words, explain why the auditor’s assessment of the
appropriateness of the going concern assumption is so important?
500 words
The auditor's assessment of the appropriateness of the going concern assumption is crucial because it determines whether a company can continue its operations and meet its obligations in the foreseeable future. This assessment provides stakeholders with reliable information about the company's financial stability and helps them make informed decisions.
The going concern assumption refers to the presumption that a company will continue its operations in the foreseeable future, typically for at least the next 12 months. The auditor's assessment of the appropriateness of this assumption is of utmost importance for several reasons. Firstly, the going concern assumption affects the financial statements and disclosures presented by the company. If the auditor determines that there are significant uncertainties about the company's ability to continue as a going concern, it may result in adjustments to the financial statements. These adjustments could include restating assets at their liquidation values or disclosing additional information about the uncertainties. Such adjustments and disclosures are crucial for stakeholders, including investors, lenders, and shareholders, as they provide a more accurate picture of the company's financial position.
Secondly, the auditor's assessment helps stakeholders evaluate the company's viability and make informed decisions. Investors rely on audited financial statements to assess the company's ability to generate future cash flows and achieve long-term profitability. Lenders use this information to evaluate the company's creditworthiness and determine the terms of loans or credit extensions. Shareholders consider the going concern assessment when deciding whether to hold, buy, or sell shares. The auditor's opinion on the appropriateness of the going concern assumption provides credibility and reliability to these stakeholders, enabling them to make sound financial decisions.
Furthermore, the assessment of the going concern assumption contributes to the overall transparency and trustworthiness of financial reporting. By examining the company's financial health and considering factors such as liquidity, debt obligations, and profitability, the auditor provides an independent and objective assessment. This assurance helps mitigate the risk of misleading financial information and promotes confidence in the financial markets.
Lastly, the auditor's assessment is essential for regulatory compliance. Many jurisdictions require companies to prepare financial statements on a going concern basis unless management intends to liquidate or cease operations. Auditors play a crucial role in evaluating the appropriateness of this assumption, ensuring that companies comply with accounting standards and regulatory requirements. Failure to assess the going concern assumption accurately can have severe consequences, including legal and reputational issues for both the auditor and the company.
In conclusion, the auditor's assessment of the appropriateness of the going concern assumption is vital due to its impact on financial statements, stakeholders' decision-making, financial transparency, and regulatory compliance. By providing an independent evaluation of a company's ability to continue operations, the auditor's opinion enhances the reliability and usefulness of financial information, enabling stakeholders to make informed judgments about the company's financial stability and future prospects.
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Sarah needs to accumulate $110,159 for your son's education. She has decided to place equal beginning-of-the-year deposits in a savings account for the next 18 years. The savings account pays 6.63 percent per year, compounded annually. How much will each annual payment be?
Round the answer to two decimal places.
Based on the given conditions, the value of equal beginning-of-the-year deposits for 18 years that will accumulate a sum of $110,159 at an interest rate of 6.63% per annum compounded annually can be found by using the following formula:
:Given that Sarah needs to accumulate $110,159 for her son's education. She has decided to place equal beginning-of-the-year deposits in a savings account for the next 18 years and the savings account pays 6.63 percent per year, compounded annually.The
formula to find the present value of an annuity is PV of annuity = (C / r) × (1 - (1 / (1 + r)^n))Where, C is the annual payment r is the interest rate per period n is the number of periods PV of annuity is the present value of the annuity. PV of annuity = (C / r) × (1 - (1 / (1 + r)^n))Plugging in the given values, we get110159 = (C / 0.0663) × (1 - (1 / (1 + 0.0663)^18))By solving for C, we get3,595.28Therefore, each annual payment needs to be $3,595.28.
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As of 31.12.20x1, a company has NOK 12,800,000 in equity, NOK 10,200,000 in current assets,
NOK 9,800,000 in fixed assets, NOK 1,200,000 in short-term debt. What is the amount of the company's long-term debt?
The amount of the company's long-term debt is NOK 18,800,000.On December 31, 20x1, the company had:NOK 12,800,000 in equity,NOK 10,200,000 in current assets,NOK 9,800,000 in fixed assets,NOK 1,200,000 in short-term debt.
The difference is the amount of long-term debt.Using the accounting equation,Total assets = Total liabilities + EquityWe have,Total assets = NOK 10,200,000 + NOK 9,800,000 + NOK 12,800,000Total assets = NOK 32,800,000.Total liabilities = Total assets − Equity.
Total liabilities = NOK 32,800,000 − NOK 12,800,000Total liabilities = NOK 20,000,000.Now that we know the total liabilities, we can find the long-term debt by subtracting the short-term debt:Long-term debt = Total − Short-term debt Long-term debt = NOK 20,000,000 − NOK 1,200,000.Long-term debt = NOK 18,800,000.
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21 Which of the following is NOT a characteristic of
publicity?
Group of answer choices
It is usually free.
It is considered objective.
It is under full control of the brand.
It is considered credible
"It is under full control of the brand" is NOT a characteristic of publicity.
Publicity refers to the spread of information or news about a brand, product, or organization through various media channels. It is typically characterized by the following:
It is usually free: Publicity is often earned media, meaning it is not paid for directly. It is the result of media coverage, press releases, or word-of-mouth.It is considered objective: Publicity is perceived as more objective because it is generated by external sources, such as journalists or influencers, rather than the brand itself. This adds credibility and authenticity to the information.It is considered credible: Publicity is generally seen as more credible because it is not controlled directly by the brand. It is based on the independent evaluation and endorsement of the brand or its offerings by third parties.However, "It is under full control of the brand" is NOT a characteristic of publicity. Unlike advertising, where the brand has complete control over the message, placement, and timing, publicity relies on external sources to disseminate information. The brand can influence publicity through strategies like press releases or media relations, but it cannot have full control over how the information is presented or perceived.
Among the given options, the characteristic of publicity that does not apply is "It is under full control of the brand." Publicity is typically free, considered objective, and seen as credible due to its reliance on external sources and the lack of direct brand control.
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Create a map or an infographic that demonstrates how the supply chain would be structured for a college athletics department. Include the primary 1st-tier customers and suppliers, and 2nd-tier if possible. The more detail the better (e.g., geographical locations, dollar value of goods purchased from supplier(s), sales volume with customers).
Your map should be understandable to someone who does not work for the organization, but who is familiar with supply chain management.
A map or infographic illustrating the supply chain structure of a college athletics department would include primary 1st-tier customers such as student-athletes, coaching staff, and athletic trainers. The suppliers could include athletic equipment manufacturers, apparel brands, sports facilities, and food and beverage vendors.
To create a map or infographic demonstrating the supply chain structure of a college athletics department, we can outline the key components and relationships involved. Here is an explanation of the main elements:
1. Primary 1st-Tier Customers:
- Student-Athletes: They are the primary customers of the athletics department as they participate in various sports programs and competitions.
- Coaching Staff: Coaches play a vital role in training and guiding student-athletes.
- Athletic Trainers: These professionals provide medical and rehabilitation support to ensure the well-being of student-athletes.
2. Primary 1st-Tier Suppliers:
- Athletic Equipment Manufacturers: Companies producing sports equipment, such as balls, bats, helmets, and protective gear, supply these products to the athletics department.
- Apparel Brands: Sportswear brands supply uniforms, jerseys, shoes, and other clothing items for the student-athletes and coaching staff.
- Sports Facilities: The college athletics department may partner with sports facilities to organize practices, games, and tournaments.
- Food and Beverage Vendors: These suppliers provide nourishment and refreshments for athletes during training sessions and competitions.
3. Secondary 2nd-Tier Suppliers:
- Academic Institutions: The athletics department may collaborate with academic institutions to provide educational support to student-athletes.
- Sports Medicine Providers: Medical professionals, hospitals, and specialized clinics offer additional healthcare services and expertise.
- Sponsorship Partners: Various companies and brands may sponsor the college athletics department, providing financial support, equipment, or promotional opportunities.
Geographical locations, dollar values, and sales volume can be incorporated into the map or infographic to provide a comprehensive view of the supply chain. This visual representation helps demonstrate the interconnectedness and dependencies within the supply chain of a college athletics department to someone familiar with supply chain management concepts.
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The e-text explains how money or currency, "serves as a medium of exchange" (O'Sullivan et al, 2019). Whether it be paper cash, metal coin, electronic payment, or even an item that is used to barter and trade with, they are all medium's of exchange (O'Sullivan et al, 2019). In the United States, as well as most other countries, consumers have become more accustomed to electronic payments instead of cash transactions: debit cards, credit cards, and other forms of electroic money transferring systems. As suppliers continue to update the way their goods and services can be payed for, the less paper cash will be used or needed. There are still a small handful of businesses that require cash only transactions but they are a very small minority. Most businesses have updated there systems to accept many forms of electronic payments. Well what does this mean for paper cash? "Although paper-based currencies are becoming less popular, they will likely stick around for the foreseeable future. Dollars and cents may become harder to use, but as with many obsolete technologies, there are enough users to ensure demand doesn't disappear completely" (The Green, 2021). Even most people's paychecks and most other deposits into their bank accounts are direct and electronic these days. When "millenials" and "generation z" consumers age to 70-80 years old, then paper money could be a thing of the past.
In most countries, electronic payments have gained momentum, replacing cash payments to a significant extent. However, paper-based currencies are expected to persist for the foreseeable future due to continued demand. This article explores the changes and transformations in the use of paper cash in today's society.
The widespread adoption of electronic payment systems, such as debit cards and credit cards, has contributed to the decline in cash usage. Electronic transactions offer advantages over cash payments, including speed, convenience, and enhanced security. Electronic payments eliminate the need to physically withdraw and carry cash, providing a faster and more convenient means of conducting transactions. Furthermore, the risk of theft associated with carrying cash is mitigated through the introduction of secure payment methods, biometrics, and encryption in electronic transactions.
Another benefit of electronic payments is the ease of tracking and budgeting. Users can effortlessly monitor their transactions, account balances, and even receive alerts for low balances. In contrast, cash transactions are more challenging to track, especially when numerous small purchases are made.
While the popularity of electronic transactions may make cash payments less convenient, the underground economy ensures that cash transactions will persist, albeit on a smaller scale. Despite this, the use of cash is expected to continue declining as more individuals adopt electronic payment methods.
To summarize, electronic payments have gained prominence, replacing cash payments in many countries. However, paper-based currencies will continue to exist due to ongoing demand. The convenience, security, and tracking benefits offered by electronic transactions contribute to their increasing popularity. Cash payments may persist in the underground economy but are expected to decrease in usage as more people embrace electronic payment systems.
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Often times companies will poorly name their brands.
Perform some research and identify a brand that is poorly named. Then
a. Provide the name of the brand and the company that has made that mistake.
b. Write about why you think that is a mistake in one paragraph.
a. "Isuzu Mysterious Utility Wizard" is one brand that is frequently regarded as having a bad name. Isuzu Motors Ltd., a Japanese automaker, manufactures this particular kind of car.
b. "Isuzu Mysterious Utility Wizard" is an error for a number of reasons. First of all, the name is excessively complicated and offers no useful information about the product. It's unclear and doesn't provide prospective buyers a clear idea of what the product is or what it delivers.
Isuzu has assembly and production facilities in Fujisawa, which have existed there ever since the business was established there under previous names, as well as in the prefectures of Tochigi and Hokkaido. Worldwide, the majority of commercial markets sell cars with Utility Wizard the Isuzu brand.
While its Japanese rival Yanmar concentrates on commercial-level powerplants and generators, Isuzu's major market focus is on diesel-powered commercial trucks, buses, and construction.
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Suppose an avocado farm has cost: C= 0.002q^3+22q+750 (where q is measured in bushels).
Marginal cost is: MC = 0.006q^2+22
The market price per bushel of avocados is P=39
In the short run, this firm's profit is -146.74
Because of the short run profit found in part a...
In the long-run, we expect firms to ________ the market, such that the long run market price of avocados would _______.
a. enter; decrease
b. exit; remain unchanged
c. exit; increase
d. enter; equal zero
In the long run, we expect firms to exit the market, such that the long-run market price of avocados would decrease.
The negative short-run profit indicates that the avocado farm is not covering its total costs, including the opportunity cost of resources. In a competitive market, firms experiencing losses in the short run are likely to exit the market in the long run. As firms exit, the overall supply of avocados decreases, leading to a decrease in market supply. With a lower supply of avocados, the market price is expected to decrease as demand remains constant or potentially decreases due to the higher price. The decrease in market price incentivizes firms to exit the industry until a long-run equilibrium is reached, where firms that remain in the market earn zero economic profit. Therefore, in this scenario, the expectation is that firms would exit the market, and the long-run market price of avocados would decrease.
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Burnett Corp. pays a constant $7.25 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current share price
To calculate the current share price of Burnett Corp., use the dividend discount model (DDM) formula:
Po = D / (r - g) where Po = price of the stock, D = constant dividend payment for the year,r = required rate of returng = constant dividend growth rate (in this case it is zero).
Current Share Price = Dividend / (Required Return - Dividend Growth Rate)
Given:
Dividend = $7.25 (constant for the next 9 years)
Required Return = 12%
Dividend Growth Rate = 0% (no growth after 9 years)
Substituting the values into the formula:
Current Share Price = $7.25 / (0.12 - 0) = $7.25 / 0.12 ≈ $60.42
Therefore, the current share price of Burnett Corp. is approximately $60.42.
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Baker Industries et income is $27,000, its interest expense is $5,000, and its tax rate is 25%. Its not payable equals $23,000, long terme debt equals $70,000, and common equity equals $255,000. The firm Finances with Round your answers to the decimal places
The following is a solution to the problem:Baker Industries Et Income = $27,000Interest expense = $5,000Tax rate = 25%Not Payable = $23,000Long-term debt = $70,000Common Equity = $255,000
We can determine the firm's financing sources through the following formula:Total liabilities and equity = Total AssetsNot Payable + Long-term debt + Common equity = Total Assets$23,000 + $70,000 + $255,000 = $348,000Baker Industries' Total Assets is $348,000.Baker Industries' interest payment is already known. Interest Expense ÷ Debt = Interest rate$5,000 ÷ $70,000 = 0.071 or 7.1%Baker Industries' weighted average cost of capital (WACC) is as follows:Weighted Average Cost of Capital (WACC) = Proportion of debt × cost of debt × (1 − tax rate) + Proportion of equity × cost of equity(0.67 × 7.1% × (1 - 0.25) + 0.33 × 11%) = 6.07%
Therefore, the answer to the problem is that Baker Industries has a WACC of 6.07%.
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"Evaluate the whole statement and discuss Nestle Malaysia’s
professionalism. Explain by giving THREE points.
Nestle Malaysia is known for its professionalism, which can be observed through the following three points:
1. Strong commitment to quality: Nestle Malaysia has consistently demonstrated a high level of professionalism in its commitment to producing and delivering high-quality products. The company adheres to strict quality control measures and follows international standards to ensure that its products meet the highest safety and quality requirements. Nestle Malaysia's focus on quality is reflected in its rigorous sourcing of raw materials, state-of-the-art production facilities, and continuous investment in research and development.
2. Ethical business practices: Nestle Malaysia upholds a strong sense of professionalism by conducting its business with integrity and ethical practices. The company is committed to responsible sourcing, sustainable practices, and corporate social responsibility. Nestle Malaysia actively engages in initiatives to promote environmental sustainability, support local communities, and ensure fair treatment of employees and suppliers. This commitment to ethical business practices demonstrates Nestle Malaysia's professionalism in upholding social and environmental values.
3. Customer-centric approach: Nestle Malaysia's professionalism is evident in its customer-centric approach. The company prioritizes customer satisfaction by continuously innovating and improving its products to meet changing consumer preferences and needs. Nestle Malaysia conducts market research and actively seeks feedback from customers to understand their expectations and deliver products that exceed their expectations. The company's focus on customer satisfaction and responsiveness demonstrates its professionalism in serving its target market.
Overall, Nestle Malaysia exhibits professionalism through its commitment to quality, ethical business practices, and customer-centric approach. These attributes contribute to the company's strong reputation and success in the market.
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Nestle Malaysia exhibits professionalism through its commitment to quality, ethical business practices, and customer-centric approach. These attributes contribute to the company's strong reputation and success in the market.
Strong commitment to quality: Nestle Malaysia has consistently demonstrated a high level of professionalism in its commitment to producing and delivering high-quality products. The company adheres to strict quality control measures and follows international standards to ensure that its products meet the highest safety and quality requirements. Nestle Malaysia's focus on quality is reflected in its rigorous sourcing of raw materials, state-of-the-art production facilities, and continuous investment in research and development.
Ethical business practices: Nestle Malaysia upholds a strong sense of professionalism by conducting its business with integrity and ethical practices. The company is committed to responsible sourcing, sustainable practices, and corporate social responsibility. Customer-centric approach: Nestle Malaysia's professionalism is evident in its customer-centric approach . Nestle Malaysia conducts market research and actively seeks feedback from customers to understand their expectations and deliver products that exceed their expectations. The company's focus on customer satisfaction and responsiveness demonstrates its professionalism in serving its target market.
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the information provided by managerial accounting is of most benefit to a firm's
The information provided by managerial accounting is of most benefit to a firm's management . Managerial accounting focuses on providing internal financial and non-financial information to help management make informed decisions and effectively run the organization.
This information includes detailed cost analysis, budgeting, performance evaluation, forecasting, and other decision-making tools. It enables management to understand the financial health of the company, identify areas of improvement, allocate resources efficiently, and set strategic goals.
With managerial accounting information, management can assess the profitability of different products or services, evaluate the effectiveness of various departments, determine optimal pricing strategies, and make informed decisions about investments and expansion.
Ultimately, managerial accounting information empowers management to make data-driven choices, improve operational efficiency, and achieve the company's objectives by effectively utilizing resources and maximizing profitability.
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Assume that policymakers (politicians) are not happy with the outcome of what has occurred
in part C because market participants (homebuilders, realtors and of course homeowners) are not
happy with the outcome. Policymakers (politicians) attempt to support the price that existed before
the change which took place in C through a first time homebuyers tax credit. What impact will this
policy have on the market in the short run? What might happen to the market once this first time
homebuyers tax credit is allowed to expire?
If policymakers attempt to support the previous price levels in the market through a first-time homebuyers tax credit, it is likely to lead to a short-term increase in housing demand. This is because the tax credit would reduce the cost of buying a home for first-time buyers, increasing their purchasing power. As a result, the demand curve would shift outward, causing higher equilibrium prices and quantities in the market. This could subsequently result in the stimulated construction of more homes, potentially causing economic growth and job creation.
However, when the first-time homebuyer's tax credit expires, the quantity demanded of houses is likely to fall since the cost of purchase increases. Consequently, the quantity supplied is now greater than the demand, leading to an oversupply of houses in the market, thereby reducing housing prices to more sustainable levels. If this occurs, homeowners' wealth would decrease, which could lead to a decline in consumer spending and less investment in construction projects as builders realign their projected sales forecasts downwards.
In the long term, there could be two possible outcomes for the elimination of the first-time homebuyers tax credit. The first potential outcome is no impact, which means everything remains the same as the market continues to operate in equilibrium. The second possibility is that it could create significant instability in the market, leading to a decrease in demand, lower housing investment, and lost job opportunities. This could lead to higher levels of loan delinquencies, home foreclosures, and declines in the construction of new homes.
The implementation of a first-time homebuyer tax credit is likely to encourage demand and stimulate more home ownership in the short term. However, once the tax credit expires, the housing market will likely readjust to a new equilibrium, with prices and quantities settling at even more sustainable levels. Depending on the extent of the adjustment, once the policy is allowed to expire, increasing inventory levels could lead to price declines and even greater instability in the market. Policymakers must thus carefully weigh the potential risks and benefits of any policy aimed at shaping the market outcome.
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If there is a certain stock, its price at time 0 is $100. In the following 2 periods, the stock price can be doubled or halved. The risk-free interest rate for each period is 25%. We need to hedge a short of a European call option that expires at the end of 2nd period and the strike price is $100. Imagine you are a seller of options. One day, a famous hedge fund tycoon came to you to buy option. Dare you sell it to him? By utilizing replicate method pricing and delta hedging in our class notes, how would you hedge the risk if there is no such call option available in the market. (Please use compounding frequency is 1 for each step in this setting.) Besides a numeric result, please briefly explain how you achieve this perfect hedging.
Yes, we can sell the call option to the hedge fund tycoon since we can hedge the risk using the replicate method pricing and delta hedging.
Here is how we can achieve this perfect hedging: We can replicate the option with a stock and cash (money market account). In this case, since we are shorting the call option, we need to sell shares of stock for the initial price and receive cash. Then we can store that cash in a money market account. After the first period, we can rebalance the portfolio by adjusting the number of shares and cash such that the delta of the portfolio matches the delta of the call option. The delta of the call option is calculated as: (Change in the price of the call option) / (Change in the price of the underlying asset). If the price of the stock is doubled, then the price of the call option will also double. Thus, the change in the price of the call option is $100 at the end of the first period. If the price of the stock is doubled, then the change in the price of the stock is $100.
Therefore, the delta of the call option is 1.0 at the end of the first period. We can adjust the portfolio to match this delta by buying more shares of stock and borrowing cash (if necessary). After the second period, we can again rebalance the portfolio to match the delta of the call option at that time. If the price of the stock is doubled again, then the change in the price of the call option will be $200 at the end of the second period. If the price of the stock is halved, then the change in the price of the call option will be -$50. Therefore, the delta of the call option at the end of the second period is 0.5. We can adjust the portfolio to match this delta by buying more shares of stock and borrowing cash (if necessary).By using this strategy, we can perfectly hedge the short call option position. At each period, the portfolio has the same delta as the call option, so the change in the value of the portfolio will exactly offset the change in the value of the call option. Therefore, there is no risk associated with the short call option position.
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a Fuuver Industries plans to have a capital budget of $550,000. It wants to maintain a target capital structure of 40% debt and 60% equity, and it also wants to pay a dividend of $150,000. If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance? O a $350,000 O . $480,000 O $370,000 Od 5640,000 O e $330,000
Fuuver Industries plans to have a capital budget of $550,000. It wants to maintain a target capital structure of 40% debt and 60% equity, and it also wants to pay a dividend of $150,000. If the company follows the residual dividend model, how much net income must it earn to meet its investment requirements, pay the dividend, and keep the capital structure in balance?
Answer: Option B ($480,000) Fuuver Industries' net income to meet its investment requirements, pay the dividend, and keep the capital structure in balance is $480,000. The residual dividend model suggests that a company should retain capital for profitable investments and distribute dividends to shareholders only after meeting the company's investment needs. To find out how much net income is required for the dividend, investment, and capital structure, use the following formula: Investment Required = Budget – Retained Earnings – New DebtIssuing - Dividends = Retained Earnings – Net IncomeRetained Earnings = Net Income – DividendRetained Earnings = $550,000 – [($550,000 * 60%) – $150,000]Retained Earnings = $280,000Investment Required = $550,000 – $280,000 = $270,000To maintain the target capital structure of 40% debt and 60% equity, we need to calculate the amount of debt and equity needed to make up the $550,000 capital budget.Equity = $550,000 * 60% = $330,000Debt = $550,000 * 40% = $220,000Dividends = $150,000Retained Earnings = $280,000 Investment Required = $270,000Total Financing = $330,000 + $220,000 = $550,000Net Income Required = $270,000 + $330,000 + $150,000 - $280,000Net Income Required = $480,000Hence, the correct answer is option B ($480,000).
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Aileen works in a pizza parlour inside a shopping mall. The mall has a new policy that all stores in the mall must be open until 10:00 PM, otherwise, the shop will be penalized with a rent increase. Aileen's manager asks Aileen to work until 10:00 PM and promises to increase her pay to $18.00/hr instead of $15.00/hr as stated in Aileen's employment contract. However, when Aileen receives her paycheque, she sees that the adjustment to $18.00/hr has not been made even though she has been working until 10:00 PM. Aileen confronts her manager. Her manager rescinds the offer of $18.00/hr and refers Aileen to the $15.00/hr stated in her employment contract. What are the employer's obligations in this scenario? Explain your answers.
In this scenario, the employer's obligations include honoring the promised wage increase and acting in accordance with the terms outlined in Aileen's employment contract.
The employer has an obligation to fulfill the promises made to employees, particularly regarding wages. By offering Aileen an increased pay rate of $18.00/hr for working until 10:00 PM, the manager created a contractual agreement. The employer is bound to adhere to this agreement and adjust Aileen's pay accordingly. Additionally, the employer has an obligation to act in accordance with the terms stated in the employment contract. If the contract stipulates a wage of $15.00/hr, it is expected that the employer upholds this provision unless an amendment or agreement is made. In this case, rescinding the offer and referring back to the contract's wage rate may breach the employer's obligation to fulfill their promises. Therefore, the employer should honor the promised wage increase and rectify the discrepancy in Aileen's pay.
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"Question 1 Heizer and Render advises that when analyzing and designing processes to transform resources into goods, the following questions should be asked: - Is the process designed to achieve competitive advantage in terms of differentiation, response or low cost? - Does the process eliminate steps that do not add value? - Does the process maximize customer value as perceived by the customer? - Will the process win orders? A Time-Function Map is similar to a flow process chart, but with time added to the horizontal axis. With time-function mapping, notes indicate the activities and arrows indicate the flow direction, with time on the horizontal axis.
1.1 Choose a process within your organization and construct a Baseline Time-Function Map.
1.2 Analyse the process and demonstrate how you would go about improving the process.
1.1 Baseline Time-Function Map The baseline time-function map is the starting point for analyzing the process and highlighting areas that require improvement. Below is a Baseline Time-Function Map for the ordering process. The horizontal axis represents time, while the vertical axis represents the various steps involved in the process, such as entering the order into the system, verifying the order, and delivering it to the customer. [tex]Baseline\ Time-Function\ Map[/tex]
1.2 Improvement Process Analysis of the ordering process indicates that several areas need improvement. The following are steps to improve the process: i. Developing a better communication strategy. This involves developing a communication strategy that involves the customer in the process.
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the tennis shoe company has concluded that additional equity financing will be needed to expand operations and that the needed funds will be best obtained through a rights offering. it has correctly determined that as a result of the rights offering, the share price will fall from $68 to $64.80 ($68 is the rights-on price; $64.80 is the ex-rights price, also known as the when-issued price). the company is seeking $24 million in additional funds with a per-share subscription price equal to $40. how many shares are there currently, before the offering? (assume that the increment to the market value of the equity equals the gross proceeds from the offering.) (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
There are 3,000,000 shares before the offering.
The tennis shoe company is willing to expand its operations and has concluded that it will need additional equity financing. The best method to achieve the necessary funds for the company is through rights offerings.
It has also accurately predicted that the stock price would fall from $68 to $64.80 due to the rights offering. The share price of $68 is known as the rights-on price, and the share price of $64.80 is known as the ex-rights price or the when-issued price. The company is seeking $24 million in additional funds with a per-share subscription price equal to $40.Before solving the problem, we must first understand the meaning of a rights offering. It is a popular method of raising capital, and it is the sale of securities to existing shareholders. These securities, usually in the form of a warrant or a right, allow shareholders to buy additional securities at a reduced price. Shareholders are given a specific amount of time to exercise their rights before they expire. To avoid diluting existing shares, companies usually offer rights to existing shareholders in proportion to the number of shares they already hold. This guarantees that current shareholders can preserve their proportional ownership stake in the company.
The increment to the market value of the equity equals the gross proceeds from the offering. This is a vital concept to understand while solving the problem. If a company issues new shares, the company's market capitalization (number of shares x market price) increases. The net result of the equity issuance is zero because the gross proceeds of the new shares sold are equal to the increase in market value.
The formula for the market capitalization before the equity financing is as follows:
Market value before = Number of shares before x Share price before
However, after the rights offering, the formula changes. Let us assume that x is the total number of shares before the offering. If y is the number of new shares issued, then x + y is the new number of shares. The subscription price of $40 must be paid to buy a new share. Therefore, the total amount of money collected from the offering will be 24 million dollars. The total amount of shares will be given by the equation y = 24,000,000/40 = 600,000 shares. Now, the new number of shares would be x + y = x + 600,000, and the new market value would be the product of the share price and the new number of shares. The following equation will give the market value of the shares after the offering:
Market value after = Share price ex-rights x (x + 600,000)
The market value before and after the rights offering is equal to the amount of funds raised in the offering. So, we can equate the two expressions to find the initial number of shares:
x Share price before = Share price ex-rights (x + 600,000)68
x = 64.8 (x + 600,000)
Solving for x:
x = 3,000,000, shares.
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The initial cargo access doors for Boeing's 787 took 400 hours of labor to produce. The learning rate is 80%. How long will the twentieth door take?
a. 170
b. 153
c. 320
d. 160
In initial cargo access doors for Boeing's 787 took 400 hours of labor to produce. The learning rate is 80%. The time for the twentieth door is approximately 153 hours.So option b is correct.
To determine how long the twentieth door will take, we can use the concept of the learning curve. The learning curve states that as cumulative production doubles, the time required to produce each unit decreases by a constant percentage known as the learning rate.
In this case, the learning rate is 80%, which means that each time the cumulative production doubles, the time required decreases by 80%.
To calculate the time required for the twentieth door, we can use the following formula:
Time for the nth unit = Time for the first unit × (Cumulative production of the nth unit / Cumulative production of the first unit)^(log2(Learning rate))
In this case, the first unit took 400 hours, and we want to calculate the time for the twentieth door.
Time for the twentieth door = 400 × (20 / 1)^(log2(0.8))
Using a calculator or spreadsheet software, we can calculate the time for the twentieth door:
Time for the twentieth door = 400 × (20 / 1)^(log2(0.8)) ≈ 153.18
The time for the twentieth door is approximately 153 hours.Therefore option b is correct.
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SECOND BANK PROVIDES THE FOLLOWING EQUITY DATA: REGULATORY EQUITY RELATED ACCOUNTS COMMON STOCK 4,000.00 PREFERRED STOCKS 900.00 RETAINED EARNINGS 3,001.00 CAPITAL NOTES 1,000.00 SUBORDINATED DEBT 4,000.00 RESERVE FOR LOAN LOSSES 800.00 RISK WEIGHTED ASSETS 60,000.00 How much is Tier 2?
The Tier 2 of the bank is 1,800.00.So correct answer of given question is
1,800.00.
The calculation of the Tier 2 of the bank given the regulatory equity-related accounts and the total risk-weighted assets is shown below:
Tier 2 = (subordinated debt + undisclosed reserves) + (0.5 * long-term hybrid capital instruments).
First, determine the amount of subordinated debt and the undisclosed reserve that will be added.
The bank's only regulatory equity-related accounts include common stock, preferred stock, retained earnings, and capital notes. As a result, the bank does not have any undisclosed reserves.
Subordinated debt = 4,000.00
Reserve for loan losses = 800.00
Therefore, Tier 2 = (4,000.00 + 0) + (0.5 * 900.00) = 1,800.00
As a result, the Tier 2 of the bank is 1,800.00.
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