...Recommended exercises and solutions for chapter 1 and chapter 2 Chapter 1 E1.3 Buy or Sell? Value = $850 + $675 = $1,525 million Value per share = $1,525/25 = $61 Market price = $45 Therefore, BUY! Chapter 2 E2.1. Applying Accounting Relations: Balance Sheet, Income Statement and Equity Statement a. Liabilities = Assets – Shareholder’s equity = $400 - $250 = $150 million b. Net Income = Revenues – Expenses $30 = ? - $175 ? = $205 million c. Ending equity = Beginning equity + Comprehensive Income – Net Payout $250 = $230 + ? - $12 ? = $32 million As net income (in the income statement) is $30 million, $2 million was reported as “other comprehensive income” in the equity statement. d. Net payout = Dividends + Share repurchases – Share issues As there were no share issues or repurchases, dividend = $12. E2.2. Applying Accounting Relations: Cash Flow Statement Change in cash = CFO – Cash investment – Cash paid out in financing activities $130 = $400 - ? - $75 ? = $195 million E2.4. Preparing an Income Statement and Statement of Shareholders’ Equity Income statement: Sales $4,458 Cost of good sold 3,348 Gross margin 1...
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...in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the United States. This book is printed on acid-free paper. 1 2 3 4 5 6 7 8 9 0 DOC/DOC 0 9 8 7 6 5 ISBN 0-07-249680-0 Editorial director: John E. Biernat Senior sponsoring editor: Kelly H. Lowery Editorial assistant: Kirsten L. Guidero Executive marketing manager: Ellen Cleary Senior project manager: Lori Koetters Production supervisor: Debra R. Sylvester Design coordinator: Cara David Lead media project manager: Cathy L. Tepper Developer, Media technology: Brian Nacik Cover design: JoAnne Schopler Cover image: © Geoff Manasse/Getty Images Typeface: 10/12 Times New Roman Compositor: SR Nova Pvt Ltd., Bangalore, India Printer: R. R. Donnelley Material on pages 294 and 295 in chapter 11 copyright © 1991 Administrative Science Quarterly. Library of Congress...
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...in analyzing this case: • Chapter 6 – Analyzing Consumer Markets o Pages 150-166 • Chapter 8 – Identifying Market Segments and Targets o Pages 212-236 • Chapter 9 – Creating Brand Equity o Pages 240-255 • Chapter 10 – Crafting the Brand Positioning o Pages 274-294 o Use a positioning map to help you answer question #5 Please read the notes at the bottom of exhibit 1 carefully to understand the significance of the data. (e.g. 1=Strongly Agree, 5=Strongly Disagree). Note also that the responses in Exhibit 1 are averaged by category, not by brand. Discussion Questions: 1. Based on the data in case Exhibit 1, what inferences can be drawn from the survey responses regarding the herbal-shampoo category? 2. Discuss the implications of your analysis of Q1 for both the category and the brands involved in the study. 3. Given the inferences from your responses to questions 1 and 2, what do you think motivates consumers to buy the brands of shampoo in the study? Provide a conceptual explanation, taking case Exhibit 2 into consideration. (Consider finding and viewing the relevant advertisements on YouTube.) 4. From the viewpoint of brand-building, what kinds of inputs can be obtained from case Exhibit 3 that substantiate the inferences from case Exhibit 1? 5. What recommendations would you provide to differentiate the image of the Himalaya herbal brand, taking into consideration your responses to questions 1-4?...
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...Chapter 1 - Introduction to Computers - Key Terms (pages 1-15) Barcode - (p. 7, 294) used to index documents scanned within a document management systems. Bit - (p. 294) the level of voltage (low or high) in a computer that provides the binary states of 0 and 1 that computers use to represent characters. Bluetooth port - (p. 294) technology that uses radio waves to provide hands-free cellular phone communications. Blu-Ray disc - (p. 294) storage device, similar to CDs and DVDs, but are able to store even larger amounts of data. Bus network - (p. 294) computers networked together that are lined up on a single cable. Byte - (p. 294) eight bits treated as a single unit by a computer to represent a character. Cache memory - (p. 294) a type of memory located on the central processing unit (CPU) that can also be on a part of the processor. Central processing unit (CPU) - (p. 295) the brain of the computer, or the circuits that make the electrical parts function. Client/server network - (p. 295) large networks that could run hundreds of computers in various counties or states. Compact disc (CD) - (p. 296) discs that use a finely focused laser beam to write and read data. Computers on wheels (COWs) - (p. 296) term used to refer to notebook computers mounted on carts and moved with the user. Daisy chain network - (p. 296) the easiest way to add more computers into a network by connecting each computer to the next in a series. Device driver - (p. 297) a specific type of...
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...Tanka Acharya Proff. Maxey ECON 294 Chapter 10- Page 263-264 Question # 2 * The demand curve faced by a purely monopolistic is downward sloping because A monopolist has a freedom to charge a whatever that want and they are single seller. With a change in the price, the quantity demanded also alters. Owner, himself/herself is a firm as well as industry. Being the entire industry, the monopolist’s supply is big enough to affect prices. By decreasing output, the monopolist can force the price up. Increasing output will drive it down. The demand curve faced by a purely competitive firm is horizontal, perfectly elastic. Price is given and fixed and the firm faces a multitude of competitors, all producing perfect substitutes. In these circumstances, the purely competitive firm may sell all that it wishes at the equilibrium price, but it can sell nothing for even so little as one cent higher. Monopoly power also depends upon elasticity of the demand curve. If the demand curve is less elastic the monopolist has a greater degree of control. As the demand curve becomes more flexible or flatter the monopolist’s control starts declining. Question # 6 * There are many factors involving in the price change in pure competitive and monopoly firms. The producer can face different price from both firms. Competitive firm have many competitors so that they cannot increase or decrease price as they want but in monopoly they can. The producer always interested to get higher...
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...Chapter 5: Retrieving Data for Computation, Analysis, and Reference TRUE/FALSE 1. A data list that categorizes values you want to retrieve is called a linkup table. ANS: F PTS: 1 REF: 291 2. A vertical lookup table is a lookup table in which the data to be searched is organized in columns. ANS: T PTS: 1 REF: 294 3. When you write a VLOOKUP formula, you indicate the value you want to look up in a table. ANS: T PTS: 1 REF: 294 4. If a lookup_value is smaller than the smallest value in the first column of table_array, VLOOKUP opens up the Lookup Wizard. ANS: F PTS: 1 REF: 297 5. When using a VLOOKUP function it’s not always obvious when a returned value is incorrect. ANS: T PTS: 1 REF: 298 6. When you use a lookup type of TRUE, the VLOOKUP function looks only for an exact match of the lookup value. ANS: F PTS: 1 REF: 299 7. Headings at the top of each column should be included as part of the lookup_range in the VLOOKUP formula. ANS: F PTS: 1 REF: 301 8. When creating a vertical lookup table with the TRUE type, be certain to start with the lowest possible value, such as 0, so that the table covers all the possible data. ANS: T PTS: 1 REF: 301 9. The syntax of the HLOOKUP function is as follows: HLOOKUP(lookup_value,table_array,row_index_num,range_lookup) ANS: T PTS: 1 REF: 303 10. The rules for an HLOOKUP function with a TRUE lookup type test the values down the first column. ANS: F PTS: 1 REF: 304 11. A...
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...Inventories The purpose of this assignment is to help you understand how the inventories concepts discussed in Chapters 8 and 9 of the textbook apply in a real-world company. To complete this assignment, you will need to use Starbucks’ 2013 Annual Report (available on Blackboard). Prepare type-written responses to the following questions. Include appropriate references to the Annual Report. The assignment will be graded on correctness and presentation. Hand-written work will not be accepted and late assignments will have five points automatically deducted. 1. What types of inventories does Starbucks have? Coffee (Unroasted and Roasted), other merchandise (serveware and tea) held for sale, breakfast food, packaging and other supplies Pg69, Notes 5 Inventories 2. of the end of fiscal 2013, what is the balance sheet carrying value (book value) of Starbucks’ inventories? $1,111.2 Pg53, “Starbucks Corporation Consolidated Balance sheet” 3. Is this the same amount that Starbucks paid to its suppliers to purchase these inventories? Why or why not? Pg15, “Product supply” No. There were $882 million, comprised of $588 million under fixed-price contracts and an estimated $294 million under price-to-be-fixed contracts.The reason that there will be difference between the price that Starbucks paid to its suppliers and the value shows on balance sheet is $294 million price-to-be-fixed contract. According to the “Product Supply ” section of Starbucks report, Price-to-be-fixed...
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...financial market structure i.e., currency, fixed income, equity and money markets. Cases discussed in the class would be contemporary in nature drawn from international experience. Pre-requisites: Students are advised to be through with Financial Management I, Financial Management II and Quantitative Methods. Students are expected to go through all the reading prescribed before every class and make a meaningful contribution through active class participation. The course is delivered through a combination of case discussions, problem solving, real life risk reports and simulation. The course would have an analytical and numerical flavor and hence students are required to bring their calculators/laptops to every class. Text Book: 1. Hull, John C. & Basu, S., Options, Futures, and Other Derivatives, 7th Edison, Prentice-Hall of India, 2008. (JCH) Suggested Text/References: Dubofsky, David A., Derivatives : Valuation and Risk Management, Oxford Publication Jorion, Phillip., Handbook of Financial Risk Management, John Willey Publication. (PJ) Apte, P. G., International Financial Management, 4th Edison, Tata McGraw Hill (PGA) Comptroller of the Currency Administrator of National Banks, Risk Management...
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...social welfare (in the sense of maximising allocative efficiency1) is maximised only under perfect competition where infinitely tiny (relative to all other competing) firms are price takers2. In contrast, monopolies, whom are price setters through their ability to affect their market, create a deadweight loss to society as output is lower than is socially optimal3. This model is summarised by the top graph in Figure 1 below where Pm and Qm are aggregate equilibrium price & quantity for monopolies and Ppc and Qpc are for perfectly competitive firms. The graph on the bottom is that for a single perfectly competitive firm, with its straight line fixed price. 1 By ‘allocative efficiency’ I mean reaching a Pareto Efficient Optimum whereby any further change would make the aggregate of consumers and firms (ie; society) worse off according to the model. 2 3 Where Price = Marginal Cost = Marginal Revenue and thus no economic profit is made in equilibrium. Where Price >= (Marginal Cost = Marginal Revenue) and thus a sustained economic profit is made. Figure 1: The Neo-Classical interpretation of competitive firms and monopolies Much of this interpretation requires an upward sloping supply curve, something unusual in...
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...Chapter EIGHT CROSS-NATIONAL COOPERATION AND AGREEMENTS OBJECTIVES • To profile the World Trade Organization • To discuss the pros and cons of global, bilateral, and regional integration • To describe the static and dynamic effects and the trade creation and diversion effects of bilateral and regional economic integration • To define different forms of regional economic integration • To present different regional trading groups, such as the European Union (EU), the North American Free Trade Agreement (NAFTA), and Asia-Pacific Economic Cooperation (APEC) • To describe the rationale for and success of commodity agreements Chapter Overview Regional economic integration represents a relatively new phenomenon in the history of world trade and investment. Chapter Eight first examines the roles of the General Agreement on Tariffs and Trade and the World Trade Organization in determining the ground rules of the world trade environment. It then introduces the basic types of economic integration and explores the potential effects of the process. Next it examines in detail both the European Union (its structure and its operations) and the North American Free Trade Agreement and briefly describes a variety of other regional economic groups. The chapter concludes with a discussion of various commodity agreements and producer alliances, including the Organization for Petroleum Exporting Countries. Chapter Outline OPENING CASE: TOYOTA IN EUROPE Known for...
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... |3442 6943 |hkpong@cityu.edu.hk | |Mr. Kennix Chiu |Room: 5416 |3442 7585 |swchiu@cityu.edu.hk | |Ms. Maria Wong |Room: 5423 |3442 9762 |laikwong@cityu.edu.hk | Course Aims: Provide students with some fundamental concepts of modern financial management theory relevant to making operating and investment decisions. The course also introduces some of the core financial management and decision making techniques used in the business world. Course Intended Learning Outcomes (CILOs) Upon successful completion of this course, students should be able to: 1. Describe the financial environment, agency costs, the goals of the participants, and the basic structure of Hong Kong financial and banking systems 2. Explain working capital policies and apply working capital management tools 3. Apply the concepts of risk-return trade-off and time value of money in financial management decisions, and in stock, bond, and asset valuation; 4. Describe the meaning & implications of efficient capital markets; 5. Evaluate competing sources, uses and costs of finance available to corporations in corporate financing decisions; 6. Evaluate corporate investment decisions using capital budgeting techniques with consideration to ethics and corporate governance. Academic Honesty (Extracted from...
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... |3442 6943 |hkpong@cityu.edu.hk | |Mr. Kennix Chiu |Room: 5416 |3442 7585 |swchiu@cityu.edu.hk | |Mr. Peter Yip |Room: 5406 |3442 7903 |peteryip@cityu.edu.hk | Course Aims: Provide students with some fundamental concepts of modern financial management theory relevant to making operating and investment decisions. The course also introduces some of the core financial management and decision making techniques used in the business world. Course Intended Learning Outcomes (CILOs) Upon successful completion of this course, students should be able to: 1. Describe the financial environment, agency costs, the goals of the participants, and the basic structure of Hong Kong financial and banking systems 2. Explain working capital policies and apply working capital management tools 3. Apply the concepts of risk-return trade-off and time value of money in financial management decisions, and in stock, bond, and asset valuation; 4. Describe the meaning & implications of efficient capital markets; 5. Evaluate competing sources, uses and costs of finance available to corporations in corporate financing decisions; 6. Evaluate corporate investment decisions using capital budgeting techniques with consideration to ethics and corporate governance. Academic Honesty (Extracted from...
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...high determination and excellent work is “the fast growing local chapter” in 2010-2011. INTRODUCTION About Camp Vision “Raise student’s leading potential and awareness about society & the world” Mission Create an environment for developing sociable responsibility Activate self-leadership through culture differences Raise awareness of global mindset among students OCP OC Exchange Delegation OC Finance & Logistics OC Special Event - ER OC Marketing OC Event Marketing IT Job Description 1 Build detailed content for Camp Job Description 2 Conduct/Facilitate sessions during Camp Job Description 3 Run/ Participate in activities promoting for camp Job Description 4 Improving global learning's system for project/LC members to develop global mindset Job Description 5 Integrate in Cultural Activities organized by AIESEC FTU HCMC: cooking day, Vietnamese class, city tour, etc. JOB DESCRIPTION REQUIREMENTS Pre-Internship BENEFITS During Internship Function bonding LC activities engagement Intern’s House Pick-up interns at air port Bus map reading skill training Culture shock training Project engagement Post- Internship Interns feedback Interns farewell party CONTACT Ms. Tuyet Anh Organizing Committee of Exchange and Delegation Skype: tuyetanh1106 E-mail: anh.luong@aiesec.net TN DETAILS TN-In-VN-HF-2013-292 TN-In-VN-HF-2013-293 TN-In-VN-HF-2013-294 TN-In-VN-HF-2013-295 TN-In-VN-HF-2013-296...
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...xxv PART I. 21ST-CENTURY HUMAN RESOURCE MANAGEMENT STRATEGIC PLANNING AND LEGAL ISSUES 1 Chapter 1 The New Human Resource Management Process 2 SHRM 3 Why Study Human Resource Management? 4 HRM Past and Present 6 Past View of HRM 6 Present View of HRM 6 21st-century HRIi 8 HRM Challenges 8 The HRM Strategic View 9/ Technology and Knowledge 10 Labor Demographics 11 Productivity and Competitiveness Through HRM HRM Skills 12 Technical Skills 12 Human Relations Skills 13 Conceptual and Design Skills Business Skills 14 12 13 Line Managers' HRM Responsibilities 15 Line Versus Staff Management 15 Major HR Responsibilities of Line Management 15 HR Managers' Resonsibiiities: Disciplines Within HRW? 16 The Legal Environment: EEO and Diversity Management 17 Staffing 17 Training and Development 20 Employee Relations 20 Labor and Industrial Relations 20 Compensation and Benefits 20 Safety and Security 21 Ethics and Sustainability 21 HRM Careers 23 The Society for Human Resource Management Other HR Organizations 24 Professional liabiliy 24 23 The Practitioner's Model for HRM The Model 24 Sections of the Model 25 24 Trends and Issues in HRM 27 Technology and High-Performance Work Systems 27 Increasing Globalization 28 Ethical Issues—Reverse Discrimination Wrap-Up 28 29 Chapter Summary 30 Case 1.1 33 Chapter 2 Strategy-Driven Human Resource Management SHRM 38 39 Strategy and Strategic...
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...Review the Case application: APPRAISING THE SECRETARIES AT SWEETWATER U at the end of Chapter 9 of your textbook. Review the three questions at the end of the case. Think about how you might answer those questions. Now, answer these questions: 1. Do you think that the experts ‘recommendations will be sufficient to get most of the administrators to fill out the rating forms properly? Why? Why not? What additional actions (if any) do you think will be necessary? I think that in some way the employee’s appraisal will kind of always be tide to their salary increase. I don’t believe that the recommendations will be sufficient. I think it will help but I think if it was as an overall package. I think that it can be difficult to get the entire administrator to fill out the rating form properly. I think one of the reason would be because the lack of time or simply because they want to give their secretary the best score and they don’t have no body to compare the rating with. I think that if you are rating more than one employee it might be easier that to properly rate the because of the use of comparison. I think that this might require training to ensure that everyone is in the same page. Advising them of the important of accurately rating the secretary in addition of the expert recommendation. He might even had to add and consequence to inaccurate review to enforce it. In EHow they mention that it might be a good thing to get input from the employee to accurately rate them. Maybe...
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