Econ 214 Problem Set 4 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? A financial assest is included in the M1 money supply when it can be quickly converted into the physical form of money‚ such as dollars and coins. Interested-earning checkable deposits are included because it can be quickly accessible without limitations
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Dear Sir/Madam‚ As the main organizer of performance that is being planned to stage at Can Tho university‚ I am writing to you on behalf of the students in my drama class to request that you be so kind as to help us to publicize the event. Now‚ I would like to give you some information about the performance. To welcome the Lunar New Year‚ my drama class is planning to stage a musical based upon George Bernad Shaw’s Pygmalion - My Fair Lady. My Fair Lady is a world popular musical and is
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By evaluating the duality of illustrations as both mechanisms for pictorial representation and the process of narrative clarification‚ the images in Shel Silverstein’s picture book The Giving Tree (1964) consequently solidify as the dominant mode for communicating the text’s overall themes to the reader. In visually presenting the pattern of action of personification and sacrifice‚ and the recurring image of isolation‚ Silverstein’s illustrations actively portray one such theme of the destabilizing
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CHAPTER 2 EXERCISES & PROBLEMS SOLUTIONS E2.1. Category Financial Statement(s) Cash…………………………………………… A BS Accounts payable…………….……………….. L BS Common stock………………………………… OE BS Depreciation expense………………………….. E IS Net sales……………………………………….. R IS Income tax expense……………………………. E IS Short term investments………………………... A BS Gain on sale of land……………………………. G IS Retained earnings……………………………… OE BS Dividends payable……………………………
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Statistics Problems 1) Ask 10 people (try to get 5 males and 5 females) the following questions A) Their ages B) How many vitamins they take daily C) How many carbonated sodas they drink each day D) How many alcoholic beverages they drink per month E) Write your own question. Ask your participants if they agree with something or if they do something. For example‚ you may want to ask them if they eat popcorn when they go to the movies or if they support a political issue. It must be a yes/no
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Olympic Rent-A-Car U.S.: Customer Loyalty Battles In response to Enterprise Rent-a-Car’s new customer loyalty rewards program‚ Laura Walkins‚ should follow the industry leader by adopting a dollar based reward system and focus on targeting business travellers. But in doing so Olympic needs to be careful not to enter into a price war with Enterprise. To avoid the risk of this happening‚ Olympic should look to diversify and differentiate their rewards program to steal a share of the business traveller
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Assuming that units in inventory are valued (based on COGS) at $1‚000 per unit and are sold for $2‚000 per unit‚ how fast does the company turn its inventory? The company uses a 25 percent per year cost of inventory. That is‚ for the hypothetical case that one unit of $1‚000 would sit exactly one year in inventory‚ the company charges its operations division a $250 inventory cost. B. What—in absolute terms—is the per unit inventory cost for a product that costs $1‚000? Sales $60‚000‚000 (Flow)
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Chapter 9‚ Problem 17 Jack Hammer invests in a stock that will pay dividends of $2.00 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of the third year. Also‚ he believes that at the end of the third year he will be able to sell the stock for $33. What is the present value of all future benefits if a discount rate of 11 percent is applied? (Round all values to two places to the right of the decimal point.) Present value of a single amount PV = FV x PVIF
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Problem Set II Problem P9 17: Jack Hammer FV (Table 1) at 11% discount rate 2.00 x .901 = $1.80 2.20 x .802 = $1.79 2.40 x .731 = $1.75 33.00 x .731 = $24.12 -------- $29.46 Problem P9 - 22: Alternative Present Values: Your rich godfather has offered you a choice of one of the three following alternatives: $10‚000 now; $2‚000 a year for eight years; or $24‚000 at the end of eight years. Solution: (first alternative)
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characters that are printed in gold ink since gold symbolizes auspicious for Chinese. No matter you give or received the business cards‚ you must have a look at it and hold it in both hands before putting it on the table next to you or in a business card case. It is demeaning to put someone’s card directly into your pocket without looking at it. So‚ please do not do that. Ok‚ let’s get started. Good afternoon ladies and gentlemen. Thanks for coming today. My name is Jonathan Lee‚ and I am the General
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