Home Depot misjudged the market in China. The world’s largest home improvement chain entered the Chinese market in 2006 and decided to leave it six years later. The company was unable to sell its do-it-yourself brand to Chinese consumers. Cheap labor in China means many people can hire someone else to do home improvement work for them. In addition, apartment-­based living in China meant there was not much demand for products such as lumber.

Questions

1. What could Home Depot have done to avoid its mistake in China?
2. In what cultures might Home Depot find better success?

 

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Holyfield Corporation wishes to exchange a machine used in its operations.

Holyfield has received the following offers from other companies in the industry.

1. Dorsett Company offered to exchange a similar machine plus $23,000. (The exchange has commercial substance for both parties.)

2. Winston Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties.)

3. Liston Company offered to exchange a similar machine, but wanted $3,000 in addition to Holyfield’s machine. (The exchange has commercial substance for both parties.)

In addition, Holyfield contacted Greeley Corporation, a dealer in machines. To obtain a new machine,

Holyfield must pay $93,000 in addition to trading in its old machine.

Date Amount

July 30, 2014 $ 900,000

January 30, 2015 1,500,000

May 30, 2015 1,600,000

Total payments $4,000,000

Holyfield Dorsett Winston Liston Greeley

Machine cost $160,000 $120,000 $152,000 $160,000 $130,000

Accumulated depreciation 60,000 45,000 71,000 75,000 –0–

Fair value 92,000 69,000 92,000 95,000 185,000

Instructions

For each of the four independent situations, prepare the journal entries to record the exchange on the books of each company.

 

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Holy Scripture contains an astonishing variety of references to chemical elements and compounds, chemical and physical processes, chemical and physical procedures and apparatus, measurements, chemical reactions, and applied physics. Please submit a computer-printed summary (1.5 spacing, 12-point font, 500-word minimum length) of the following: 

Biblical Science:

1)  Find two (2) scriptural references to energy: choose from the following types—rotational, kinetic, potential, mechanic, thermal, or chemical. Be sure to let me know which energy type you are citing.

2)  Find two (1) scriptural references of either an acid or base.

3)  Find two (2) scriptural references to elements.

4)  Find two (2) scriptural references to compounds.

5)  Find two (2) scriptural references of an event where the laws of physics and/or chemistry seem to be defied.

Reference passage of scripture as follows: Book name, Chapter: Verse, “passage quotations”, Bible translation. (e.g. John 3:16 “For God so loved”, NIV).

 

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Hollow metal sphere # 1 has inner radius a, outer radius 3a, and net charge Q > 0. Hollow metal sphere # 2 has inner radius 3a, outer radius 6a, and net charge −2Q. At the center of the cavity in sphere # 1 is a point charge 2Q. The two spheres are very far apart.

(a) Find the charge on each surface (inner, outer) of each sphere.

(b) Find the voltage between a point on the outer surface of sphere # 1 and a point on the outer surface of sphere # 2.

(c) A very long, fine wire is used to connect the outer surfaces of the two spheres, allowing electrons to flow between them. After the charge distribution reaches equilibrium, what are the charges on each surface of each sphere? Assume the charge on the surfaces of the wire is negligible because the radius of the wire is very small compared to the radii of the spheres. Hint: Consider the voltages between different points on the spheres.

 

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12. Holland Construction Co. has nn outstanding l8O-day bank loan of$400,000 at an annual interest rate of9.5 percent. The company is requiredto maintain a 15 percent compensating balance in its checking account.What is the effective interest rate on the loan? Assume the companywould NOT normally maintain this average amount.a.c.d.11.18 percent19.00 percent22.35 percent8.08 percent7. Genetech has $2,000,000 in assets, has decided to finance 30 percent withlong-term financing (13 percent rate) and 70 percent with short-termfinancing (9 percent) rate. What will be their annual interest costs?__0. $78,000__b. $126,000c. $440,000__d. $204,00014. What is the effective rate on a $10,000 installment loom with bi-monthlypayments, $1,600 in interest, for 2 years?a. 16 percentb. 7.4 percentc. 29.5 percentd. 14.8 percent20. The belief in the efficient market hypothesis would lead to the following:a.~b.c.d.attempting to time the market.increase in index funds.using technical analysis and trends in the market.investing based on the emotional climate.

 

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