1. Does raising the minimum wage cause unemployment of low-skilled workers, in general? 2. Does raising the minimum wage cause inflation? 3. Does raising the minimum wage help to reduce poverty? 4. How does the cost of a Higher Education factor into this discussion?
1. Do you think that because of the costs of moving banknotesback to their country of circulation, buying foreign currency banknotes could sometimes be cheaper than buying bank drafts? Could there be a seasonal pattern in exchange rates for banknotes?
4. What steps are involved in settling a purchase made inBritain with a credit card issued by a US bank? Why do you think the spread between buy and sell rates used in credit card payments is smaller than those applying to foreign banknotes?
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1. Do you think the Poisson distribution, which assumes independent arrivals, is a good estimation of arrival rates in the following queuing systems? Defend your position in each case.
(a) Cafeteria in your school
(b) Barbershop
(c) Hardware store
(d) Dentist’s office
(e) College class
(f) Movie theater
2. The Edge Convenience Store has approximately 300 customers shopping in its store between 9 a.m. and 5 p.m. on Saturdays. In deciding how many cash registers to keep open each Saturday, Edge’s manager considers two factors: customer waiting time (and the associated waiting cost) and the service costs of employing additional checkout clerks. Checkout clerks are paid an average of $10 per hour. When only one is on duty, the waiting time per customer is about 10 minutes (or 1 6 hour); when two clerks are on duty, the average checkout time is 6 minutes per person; 4 minutes when three clerks are working; and 3 minutes when four clerks are on duty.
Edge’s management has conducted customer satisfaction surveys and has been able to estimate that the store suffers approximately $13 in lost sales and goodwill for every hour of customer time spent waiting in checkout lines. Using the information provided, determine the optimal number of clerks to have on duty each Saturday to minimize the store’s total expected cost.
1. Discuss this statement: ‘‘Software (like mrp) can be as costly to design and develop as hardware and will require long production runs to recover, even though these costs may be hidden in the overhead costs.’’
2. Explain how function dictates design with respect to the design of footwear. Use examples of different kinds of footwear (shoes, sandals, high heels, boots, etc.) to emphasize your points. For example, cowboy boots have pointed toes so that they slip into the stirrups easily and high heels to keep the foot in the stirrup.
1. Do you believe that the trouble with Philadelphia’s water billing system is a technical problem or a people problem? Why?
1. Explain why marginal revenue must be less than the price when a firm faces a downward-sloping demand curve.
2. A monopolist is maximizing profit. Perhaps due to an innovation in some other product line, he finds that the elasticity of demand for his product is lower. What will this change in the elasticity of demand due to the profit of the monopolist? How will the monopolist respond to this change?
1. Elaborate main areas found in your individual industry report or article of choice (choose only 1 of the 14). This will form the basic skeleton of your presentation. 2. Do not just summarize the industry report or article. Insights, applications and examples are always welcome and appreciated to foster everyone’s understanding. 3. You will have to cover and incorporate all applicable innovation frameworks, models and theories to demonstrate your understanding. 4. Keep the slides to a maximum of 5 and rehearse beforehand to ensure that it’s within the 10 minutes’ time frame. 5. DO NOT read from your notes and forget that audience engagement is very important. That makes the difference between a good, average and not-so-good presentation. 6. Stay relaxed and be prepared for questions coming from the audience / me. Research and wide reading is encouraged but not mandatory. Document Preview:
Student Hi, I am sorry I have rejected the solution to the writer that handle my innovation report. He is now working on the rework. The presentation slides I have required from you are supposed to extract the info from this report. You may not able to start until I received the revise solution. Meanwhile you may start the framework first. The minimum slides is 5. Please take note of below criteria again to avoid rework. The exact requirement as below: 1) Preparation – (20 points) • Including clear statement of the objectives of the presentation • Including the key messages of the report • Providing a logical structure of the presentation • Evidence in support of the conclusions including data collection and analysis • Employing the terminology of the subject area without impairing the communication of the arguments 2) Content – (60 points) • Providing an overview of the question or problem • Selecting materials and contents for slides that are directly relevant to the task • Proper Harvard referencing • Using the right fonts and avoid overcrowded slides 3) Delivery – (20 points) • Avoiding reading from notes • Including easy to understand graphical illustrations • Using appropriate voice volume, pace, and tone • Encouraging engagement of the audience • Conveying an impression of enthusiasm and motivation • Appearing self-confident and convincing 4) • Expectation of Individual Presentation 1. Elaborate main areas found in your individual industry report or article of choice (choose only 1 of the 14). This will form the basic skeleton of your presentation. 2. Do not just summarize the industry report or article. Insights, applications and examples are always welcome and appreciated to foster everyone’s understanding. 3. You will have to cover and incorporate all applicable innovation frameworks, models and theories to demonstrate your understanding. 4. Keep the slides to a maximum of 5 and rehearse beforehand to…
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question.docx725376-154784….doc724644-100570….doc
1.Explain why depreciation and amortization appear as an addition when net income is converted to cash flow from operations.
2.For 2016, Walmart shows an adjustment for inventories of negative $703 million. However, on the balance sheet, inventories declined from $45,141 million to 44,469 million, a difference of $672 million. Explain the $703 million adjustment and offer examples of why the adjustment differs from the change in inventory balance.
3.Estimate the amount of cash received from customers in 2016.
4.Discuss the relation between net income and cash flow from operations for of the three years.
5. Discuss the relations among cash flows from operating, investing, and financing activities for the three years.
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1.East Ltd owns 40% of the shares of West Ltd, and holds the only substantial block of shares in that entity, no other party owning more than 4% of the shares. The annual general meeting of West Ltd is to be held in a month’s time. Scenario 1: East Ltd will be able to elect a majority of West Ltd’s board of directors as a result of exercising its votes as the largest holder of shares. As only 75% of shareholders voted in the previous year’s annual meeting, East Ltd may have the majority of the votes that are casted at the meeting. Scenario 2: By obtaining the proxies of other shareholders and, after meeting with other shareholders who normally attend general meetings of West Ltd, by votes to have its nominees elected as directors of the board of West Ltd, convincing these shareholders to vote with it, East Ltd may obtain the necessary regardless of the attendance at the general meeting. Required: Discuss the potential for West Ltd being classified as a subsidiary of East Ltd in each separate scenario above, according to the requirements of AASB 10 Consolidated Financial Statements. No more than 200 words for each scenario. 2.Rutland Ltd acquired 80% of the shares of Moreland Ltd on 1 July 2015 for $109 720. At this date the equity of Moreland Ltd consisted of: Share capital (100 000 shares) $ 80 000 General reserve 2 400 Retained earnings 29 600 All the identifiable assets and liabilities of Moreland Ltd were recorded at amounts equal to their fair values except for: Carrying amount Fair value Plant (cost $65 000) $52 000 $56 000 Land 40 000 45 000 The plant was expected to have a further useful life of 10 years. Rutland Ltd uses the partial goodwill method. At 1 July 2015, Moreland Ltd had unrecorded brands that had a fair value of $18 000. These had an indefinite life. The tax rate is assumed to be 30%. Additional information: • Moreland Ltd had inventory on hand at 30 June 2017 that included inventory at cost of $8000 that had been sold to it by Rutland Ltd. This inventory had cost Rutland Ltd $6000. It was all sold by Moreland Ltd by 30 June 2018. • During the 2017–18 year, Moreland Ltd sold inventory to Rutland Ltd for $48 000. At 30 June 2018, Rutland Ltd still had half of this inventory on hand. This inventory had been sold to it by Moreland Ltd at a profit of $8000. • On 1 January 2017, Moreland Ltd sold plant to Rutland Ltd for $16 000. This had a carrying amount in Moreland Ltd at time of sale of $12 000. Plant of this class is depreciated at 20% p.a.
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