1. Joshua Vermier of Sacramento, California, received a raise after his first year on the job to $43,800 from his initial salary of $42,000. What was Joshua’s raise stated as a percentage? Inflation averaged 2.8 percent for the year. What was his real income after the raise? What was his real raise stated as a percentage?
1.K. Billingsworth & Co. had earnings per share of $4 last year, and it paid a $2 dividend. Total retained earnings increased by $12 million during the year, while book value per share at year-end wa
1. It has been argued that the minimum wage prevents workers from investing in on-the-job training and discourages employers from providing specific training to low-income workers. Why would the minimum wage have an adverse impact on human capital accumulation for low-income workers?
2. Jill is planning the timing of her on-the-job training investments over the life cycle. What happens to Jill's OJT investments at every age if:
a. The market-determined rental rate to an efficiency unit falls?
b. Jill's rate of discount increases?
c. The government passes legislation delaying a mandatory retirement age until age 70?
d. Technological progress implies that much of the OJT acquired at any given age becomes obsolete within the next 10 or 20 years?
1. It has been said, ‘‘Total quality control is superior to 100% inspection because inspection, like any other process, has its own defect rate. Some substandard product, therefore, is always likely to slip through.’’ Do you agree or disagree? Discuss.
2. The pulse-echo ultrasonic technique can be used to determine the thickness of a part or structure. By accurately measuring the time it takes for a short ultrasonic pulse to travel through the thickness of a material, reflect from the back or inside surface, and return to the transducer, the distance can be calculated by
Where
d = thickness of the test piece
V = speed of sound in the material being tested
t = measured round-trip time
What are some alternative means of measuring thickness? Briefly discuss their relative pros and cons. Consider such features as geometric and material constraints, and the ability to measure from one side only.
1. Marketing Analysis
a) The marketing mix is a planned mix of the controllable elements of a product/business unit’s marketing plan, commonly termed the 4Ps. Describe the series of decisions made with regard to each of the elements of the marketing mix.
1 It appears that animals may be able to predict earthquakes. 2 Prior to a major quake in China, hundreds of snakes suddenly appeared from hibernation and froze to death in the snow, 3 fish were seen leaping from rivers and lakes, and 4 cows and horses refused to enter barns. Also, 5 prior to a quake in Fremont, California, a flood of callers reported strange behavior from their pets and domestic animals.
1. Many companies announce in their corporate communications: ‘Our people are our greatest resource.’ In terms of the criteria listed inFigure 3.5(from textbook), can employees be considered of the utmost strategic importance?
2. The company ‘Apple’ has been highly successful in dominating the market for touch-screen tablet computers with its iPad product. Can Apple sustain its leadership in this market? If so, how?
Attachments:
Foundations-o….pdf
1. Is the logical formula given in the text 
?
2. Could one of the “algorithm machines” with full parallelism be used to solve an NP-complete problem in polynomial time, if P ¢ NP? Explain your answer.
3. How does the problem “compute the exact value of 2N” fit into the P—NP classification scheme?
1. Mrs. Mary Atkins, age 66, has been your firm’s client for five years, since the death of her husband, Dr. Charles Atkins. Dr. Atkins had built a successful newspaper business that he sold two years before his death to Merit Enterprises, a publishing and broadcasting conglomerate, in exchange for Merit common stock. The Atkinses have no children, and their wills provide that upon their deaths the remaining assets shall be used to create a fund for the benefit of Good Samaritan Hospital, to be called the Atkins Endowment Fund.
Good Samaritan is a 180-bed, not-for-profit hospital with an annual operating budget of $12.5 million. In the past, the hospital’s operating revenues have often been sufficient to meet operating expenses and occasionally even generate a small surplus. In recent years, however, rising costs and declining occupancy rates have caused Good Samaritan to run a deficit. The operating deficit has averaged $300,000 to $400,000 annually over the last several years. Existing endowment assets (that is, excluding the Atkins’s estate) of $7.5 million currently generate approximately $375,000 of annual income, up from less than $200,000 five years ago. This increased income has been the result of somewhat higher interest rates, as well as a shift in asset mix toward more bonds. To offset operating deficits, the Good Samaritan Board of Governors has determined that the endowment’s current income should be increased to approximately 6% of total assets (up from 5% currently). The hospital has not received any significant additions to its endowment assets in the past five years.
Identify and describe an appropriate set of investment objectives and constraints for the
Atkins Endowment Fund to be created after Mrs. Atkins’s death.
1) Mr Kristos Le Droit in one of his first actions as the newly elected treasurer of LOACH (a mid-sized Charity) has dismissed the incumbent (current) audit firm and called for tenders for a new audit firm. Several other members of the Charity’s Board are very upset and informed Mr Le Droit that the incumbent firm had been auditing them for 15 years, that everyone working at the Charity was very comfortable with that firm as the auditor, and that they were very worried about the mess that might be disclosed if a less friendly firm were appointed.
Hi there! Click one of our representatives below and we will get back to you as soon as possible.