... Idle No More The “Idle no More” movement is a grassroots political undertaking of a large group of Canadian Aboriginal people which consist of First Nations, Inuit’s and Metis. The primary focus of the movement is on Indigenous rights and environmental protection. It began as a fairly small group in Canada, but rapidly became international in scale essentially from rapid proliferation through the use of social media such as Facebook and Twitter (OJEN, n.d.). The movement has also attracted a great deal of attention in the Canadian national and local mainstream media, through rallies, protests, teach-ins and direct political actions. Political actions such as flash mobs and round dances around the country protested against omnibus Bill C-45 (currently known as the Jobs and Growth act, 2012) that was introduced and announce by Prime Minister Stephen Harper in October 2012 without consulting the Indigenous peoples (OJEN, n.d.). The vision of Idle No More is to “call on all people to join in a peaceful revolution, to honour Indigenous sovereignty, and to protect the land and water” (idlenomore.ca, n.d.). The Idle No More manifesto contends that “the state of Canada has become one of the wealthiest countries in the world by using the land and resources. Canadian mining, logging, oil and fishing companies are the most powerful in the world due to land and resources. Some of the poorest First Nations communities (such as Attawapiskat) have mines or other developments on their land...
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...of IBM stock? $16 b. What is the total amount of profit for your IBM investment? $2400 2.Calculating Earnings Per Share, Price-Earnings Ratio, and Book Value. As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $9 million, liabilities of $5 million, after-tax earnings of $2 million, and 750,000 outstanding shares of common stock. a. Calculate the earnings per share of Bozo Oil’s common stock. Answer: After Tax Income / Number of Shares Outstanding = EPS b. Assuming that a share of Bozo Oil’s common stock has a market value of $40, what is the firm’s price-earnings ratio? Answer: Price per share / Earnings per share = P/E Ratio c. Calculate the book value of a share of Bozo Oil’s common stock. Answer: (Assets – Liabilities) / Number of shares outstanding = Book value 3. Calculating Rate of Return. Assume that at the beginning of the year, you purchase an investment for $8,000 that pays $100 annual income. Also assume the investment’s value has decreased to $7,400 by the end of the year. a. What is the rate of return for this investment? $7,400 – $8,000 = $600 (negative) $600 (negative) + $100 = $500 (negative) $500 (negative) ÷ $8,000 = .0625 (negative) = 6.25% (negative) b. Is the rate of return a positive or negative number? The rate of return is a negative number. 4.Determining Interest and...
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...when it was issued. Right away market interest rates jumped, and the YTM on your bond rose to 6 percent. What happened to the price of your bond? A4-12 P = 50/1.06 + 50/1.062 + 50/1.063 + 1.050/1.0610 = $926.40 P5-1. The equity section of the balance sheet for Hilton Web-Cams looks like this: Common stock, $0.25 par $400,000 Paid-in capital in excess of par $4,500,000 Retained earnings $1,100,000 a. How many shares has the company issued? 400,00/.025=1.6 MILLION SHARES b. What is the book value per share? (400,000+4,500,000+1,100,000)/1.6 MILLION SHARES = $3.75 PER SHARE c. Suppose that Hilton Web-Cams has made only one offering of common stock. At what price did it sell shares to the market? (4,500,000+400,000)/1.6 MILLION SHARES = $3.0625 P5-3. Owners of the Internet bargain site FROOGLE.com have decided to take their company pubic by conducting an initial public offering of common stock. They have agreed with their...
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...Disregarding other costs, what did she pay? A) $1,278.50 B) $ 996.50 C) $2,278.50 D) $ 976.50 2) Find the annual premium for a $1,000,000 hazard insurance policy if the rate is $0.492 per hundred. A) $4,720 B) $4,820 C) $4,920 D) $5,000 3) ERM Art Supply purchases linen paper with a list price of $15,500 with a chain discount of 35/20/15. What is the net price? A) $ 8,060 B) $ 7,750 C) $10,075 D) $ 6,851 4) Calculate the reconciled balance given the following information: Bank Statement Balance: $378.53 Outstanding Checks: $37.38; $52.85; $100.54 Service Charge: $10.00 Check Register Balance: $197.76 A) $207.76 B) $197.76 C) $187.76 D) $177.76 5) Taxi fare is based on a flat charge per trip of $8.00 plus $0.95 per mile or fraction thereof. In addition, wait time is metered and charged at $0.50 per minute or fraction thereof. John takes a taxi from his hotel to the airport. The distance is 31 ¼ miles. The taxi waited at 3 traffic signals for 45 sec., 55 sec., and 93 sec. John tipped the driver $5.00. How much did John pay for the taxi ride? A) $35.40 B) $40.40 C) $43.40 D) $44.69 6) Ms. Moon is a salesperson who is paid on a commission basis. She earns 6% commission on sales up to $10,000, 12% for sales over $10,000 up to $20,000, and 20% on all sales over $20,000. If she sells $23,500 this pay period, how much money does she earn? A) $1,300 B) $4,000 C) $1,800 D) $2,500 7) Anthony had a loan in the amount of $5,500...
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...Marketing 489 Th 16:00-18:45 February 19, 2015 Fiserv Takes on the E-Billing Market I. Summary of Facts A. Market – Financial services data processing industry 1. Fiserv acquired “CheckFree”, the market-leading electronic billing and payment pioneer in 2007 2. 70% of online households use electronic bill payments, but less than 20% regularly use e-billing technology to view their bills 3. 86 million out of 118 million are online receiving 10 bills per month 4. Electronic bill payments gaining wider acceptance 5. Competitors: IBM, Microsoft, First Data, and Citibank 6. Economic Market - Oligopoly B. Product 1. Used by utility companies, cable/satellite TV providers, and financial services firms 2. “Outgoing” interactions assist indirect customers to pay bills electronically 3. “Incoming” interactions assist consumers to receive bills online electronically 4. Allow consumers to receive and view e-bills at a biller’s Web site 5. US market leader in core processing services and largest independent US check processor 6. Leading US Internet banking services provider and leader in bill payment and presentment services in Dec 2007 7. Benefits a. Core- Ease of and efficiency financial transactions b. Secondary 1) Penetration was driven by convenience in 2009 2) Savings on postage stamps 3) Improved perceptions of payment security 4) Ease of access to bills 5) Reduces clutter 6) Saves paper, saving trees 8. Product Life Cycle: Growth/Maturity C. Price 1. Free to consumers ...
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...11 Internship Report Prepared by Md. Sabbir Jahan Performance Evaluation of EXIM by the Private Banks of Bangladesh “A Case Study on EXIM Bank Ltd” This Internship report is submitted for the partial fulfillment of The degree of “Master’s of Business Administration” with a major in “Finance&Banking” Prepared By: MD. Salahuddin ID: 136-34-21 Program: Master’s of Business Administration Major: Finance&Banking Semester: Supervised By: Md. Kamrul Hasan Lecturer Department of Business Administration Southern University Bangladesh Internship Duration: Submission Date: Dedication Dedicated to my family, friends who always pray to the Almighty Allah for my prosperity and also provided all kinds of support & inspiration………… Letter of Submission: Date: To Md. Shahidullah Manager EXIM Bank Ltd. Agrabad, Chittagong. Subject: Submission of Internship Report. Dear Sir, It is a pleasure to hand over the report of my internship program on “Foreign Exchange Management Practices of EXIM Bank Ltd” to you. This Internship program has provided me the opportunity to have the practical experience about my bachelor degree program by working with the employees of all departments in EXIM Bank ltd, Agrabad. It gave me valuable insights to the professional life in an organization specially about banking system. I, therefore convey my thanks to you for...
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...of five per minute during a shift. When the lots are weighed, variation among the weights is detected, with lot weights ranging from 41 to 47 grams in a uniform distribution. Determine the probability that a lot weights between 42 and 45 grams Mean and Standard Deviation µ=(a+b)/2 σ=(b-a)/sqrt(12) Section 6.2 Normal Distribution Example The GMAT is widely used by graduate schools of business as an entrance requirement. Assuming the scores are normally distributed, the mean GMAT score was 494 and standard deviation was 100. a) What is the probability a randomly selected score of the GMAT was greater than 700? b) What’s the probability of randomly drawing a score that is 550 or less? c) What’s the probability of getting a score between 550 and 700? Example According to a report by Scarborough Research, the average monthly household cell phone bill is $60. Suppose local monthly household cell phone bills are normally distributed with standard deviation of $11.35. a) What is the probability a randomly selected monthly cell phone bill is no more than $40? b) What’s the probability a randomly selected monthly cell phone bill is more than 85? c) What’s the probability a randomly selected monthly cell phone bill is between $65 and $75? Section 6.4 Exponential Distribution Finding probabilities P(x ≥ x0) = Mean and Variance E(x) = 1/ Var(x) = Example The average length of time between arrivals at a turnpike tollbooth...
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...IEOR 4000: Production Management 1 page 1 Professor Guillermo Gallego Material Requirements Planning (MRP) Material Requirements Planning (MRP) is a computer-based production planning and inventory control system. MRP is concerned with both production scheduling and inventory control. It is a material control system that attempts to keep adequate inventory levels to assure that required materials are available when needed. MRP is applicable in situations of multiple items with complex bills of materials. MRP is not useful for job shops or for continuous processes that are tightly linked. The major objectives of an MRP system are to simultaneously: 1. Ensure the availability of materials, components, and products for planned production and for customer delivery, 2. Maintain the lowest possible level of inventory, 3. Plan manufacturing activities, delivery schedules, and purchasing activities. MRP is especially suited to manufacturing settings where the demand of many of the components and subassemblies depend on the demands of items that face external demands. Demand for end items are independent. In contrast, demand for components used to manufacture end items depend on the demands for the end items. The distinctions between independent and dependent demands are important in classifying inventory items and in developing systems to manage items within each demand classification. MRP systems were developed to cope better with dependent demand items. ...
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...138-0,24)^2+(0,138-0,31)^2+(0,138-0,08)^2)=0,02947 Standard deviation: square root of Variance: 0,1717=17,17% 4. Holding Period Return A stock has had returns of -17.62 percent, 15.38 percent, 10.95 percent, 26.83 percent, and 5.31 percent over the past five years, respectively. What was the holding period return for the stock? Holding period return= ((1-0,1762) *(1+0,1538) *(1+0,1095)*(1+0,2683)*(1+0,0531))-1=40,85% 5. Risk Premiums Refer to Table 10.1 in the text on pages 301-303 and look at the period from 1973 through 1978. a. Calculate the arithmetic average returns for large-company stocks and T-bills over this time period. b. Calculate the standard deviation of the returns for large-company stocks and T-bills over this time period. c. Calculate the observed risk premium in each year for the large-company stocks versus the T-bills. What was the arithmetic average risk premium over this period? What was the standard deviation of the...
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...financial assets. C) all physical assets. D) all real and financial assets. E) none of the above 2 Asset allocation refers to ____________. A) choosing which securities to hold based on their valuation B) investing only in "safe" securities C) the allocation of assets into broad asset classes D) bottom-up analysis E) all of the above 3 The Sarbanes-Oxley Act ____________. A) requires corporations to have more independent directors B) requires the firm's CFO to personally vouch for the firm's accounting statements C) prohibits auditing firms from providing other services to clients D) A and B are correct. E) A, B, and C are correct. 4 Financial intermediaries differ from other businesses in that both their assets and their liabilities are mostly A) illiquid. B) owned by government. C) real. D) financial. E) regulated. 5 Although derivatives can be used as speculative instruments, businesses most often use them to A) hedge. B) offset debt. C) appease stockholders. D) attract customers. E) enhance their balance sheets. 6 During the period between 2000 and 2002, a large number of scandals were uncovered. Most of these scandals were related to 1) Manipulation of financial data to misrepresent the actual condition of the firm. II) Misleading and overly optimistic research reports produced by analysts. III) Allocating IPOs to executives as a quid pro quo for personal favors. IV) Greenmail. A) II, III, and IV B) I, II, and IV C) II and IV ...
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...someone else! 1. Consider a monopolist where the market demand curve for the produce is given by P = 520 – 2Q. This monopolist has marginal costs that can be expressed as MC = 100 + 2Q and total costs that can be expressed as TC = 100Q + Q2 + 50. a. Given the above information, what is this monopolist’s profit maximizing price and output if it charges a single price? Answer: MR = 520 – 4Q MC = 100 + 2Q 520 – 4Q = 100 + 2Q Q = 70 units of output P = 520 – 2Q = 520 – 2(70) = $380 per unit of output b. Given the above information, calculate this single price monopolist’s profit. Answer: Profit = TR – TC TR = P*Q = ($380 per unit)(70 units) = $26,600 TC = 100Q + Q2 + 50 = 100(70) + (70)(70) + 50 = $11,950 Profit = $14650 c. At the profit maximizing quantity, what is this monopolist’s average total cost of production (ATC)? Answer: To answer this question we first need to write an expression for ATC. ATC = TC/Q = 100 + Q + (50/Q) Then replace Q with 70 to find the average total cost of producing 70 units of output. ATC=...
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...31. The _______ is the party that lends the funds in a commercial bill transaction. A: acceptor B: discounter C: drawer D: endorser B 32. In relation to a commercial bill, the acceptance fee is: A: the discounter’s fee for taking on the risks associated with discounting the bill B: the fee for drawing up the bill C: the fee for taking the liability for paying the holder at maturity D: the drawer’s fee for taking on the risks associated with drawing the bill. C 33. When a party endorses a bank bill, it: A: repays the face value of the bill to the holder at maturity B: creates a liability for payment of the bill C: provides the funds to the seller D: provides the funds to the discounter of the bill. B 34. A company issues a 90-day bill with a face value of $100 000, yielding 7.65% per annum. What amount would the company raise on the issue? A: $84 130.46 B: $92 350.21 C: $98 123.39 D: $98 148.62 D 35. A holder of a 180-day bill with 60 days left to maturity and a face value of $100 000 chooses to sell it into the market. If 60-day bills are currently yielding 6.8% per annum, what price will be obtained? A: $81 728.61 B: $89 945.79 C: $97 813.27 D: $98 894.55 D 36. Promissory notes have a decided advantage over bills in that: A: they are liquid B: an issuer of a promissory note does not incur a contingent liability C: a borrower without a strong name in the markets does not need bank endorsement D: sole liability to repay the face value...
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...someone else! 1. Consider a monopolist where the market demand curve for the produce is given by P = 520 – 2Q. This monopolist has marginal costs that can be expressed as MC = 100 + 2Q and total costs that can be expressed as TC = 100Q + Q2 + 50. a. Given the above information, what is this monopolist’s profit maximizing price and output if it charges a single price? Answer: MR = 520 – 4Q MC = 100 + 2Q 520 – 4Q = 100 + 2Q Q = 70 units of output P = 520 – 2Q = 520 – 2(70) = $380 per unit of output b. Given the above information, calculate this single price monopolist’s profit. Answer: Profit = TR – TC TR = P*Q = ($380 per unit)(70 units) = $26,600 TC = 100Q + Q2 + 50 = 100(70) + (70)(70) + 50 = $11,950 Profit = $14650 c. At the profit maximizing quantity, what is this monopolist’s average total cost of production (ATC)? Answer: To answer this question we first need to write an expression for ATC. ATC = TC/Q = 100 + Q + (50/Q) Then replace Q with 70 to find the average total cost of producing 70 units of output. ATC=...
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...A Research Paper on The United States’ Health Care Policy Patient Protection Affordable Care Act (PPACA) I. Delineation and overview of policy under analysis a.) What is the policy to be analyzed? The policy to be analyzed is the Patient Protection Affordable Care Act (PPACA) or colloquially referred to as Obamacare. The PPACA Bill was passed into law after Barack Obama signed it on March 23, 2010. However, it should be noted that specific provisions in the law is designed to be effective in staggered dates, that is, not all provisions in the law is effective the moment it was signed by Obama. Some provisions in the statute is designed to be effective beginning at the year 2020. b.) What is the nature of the problem being targeted by the policy? PPACA aims to improve the coverage of healthcare insurance. Thus, to achieve this, the policy targets people who do not have any health insurance. Unless exempted for the following reasons - religious beliefs, individuals who cannot afford the healthcare coverage, taxpayers whose income is below the income threshold, or any person deemed to belong from an Indian tribe- the statute requires individuals to avail a health care insurance plan or pay a penalty. II. Historical Analysis a.) What policies and programs were developed in the past to deal with the problem? Policies that were developed in the past to deal with the same problem of limited and reluctant healthcare coverage include the Medicare (1965)...
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...资本配置线可以描述为 A) 投资机会集由一个无风险资产和一个风险资产构成 B) 投资机会集由两个风险资产构成 C) 上面每个点对某个投资者来说效用都一样 D) 每个点期望收益一样但风险不一样 E) 上面一个都不对 1. The Capital Allocation Line can be described as the A) investment opportunity set formed with a risky asset and a risk-free asset. B) investment opportunity set formed with two risky assets. C) line on which lie all portfolios that offer the same utility to a particular investor. D) line on which lie all portfolios with the same expected rate of return and different standard deviations. E) none of the above. 3．无风险利率为5%，风险资产如下 Security A: E(r) = 0.15; Variance = 0.04 Security B: E(r) = 0.10; Variance = 0.0225 Security C: E(r) = 0.12; Variance = 0.01 Security D: E(r) = 0.13; Variance = 0.0625 投资者将选择哪一个资产来组成风险资产和无风险资产的组合 A) A. B) B. C) C. D) D. E) 不能决定. 3. Consider a T-bill with a rate of return of 5 percent and the following risky securities: Security A: E(r) = 0.15; Variance = 0.04 Security B: E(r) = 0.10; Variance = 0.0225 Security C: E(r) = 0.12; Variance = 0.01 Security D: E(r) = 0.13; Variance = 0.0625 From which set of portfolios, formed with the T-bill and any one of the 4 risky securities, would a risk-averse investor always choose his portfolio? A) The set of portfolios formed with the T-bill and security A. B) The set of portfolios formed with the T-bill and security B. C) The set of portfolios formed with the T-bill and security C. D) The set of portfolios...
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