the following table gives the average monthly exchange rate between .pdf

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the following table gives the average monthly exchange rate between the u.s. dollar and the euro for 2009. It shows that 1 euro was equivalent to 1.324 US Dollars in january 2009. Develop a trend line that could be used to predict the exchange rate for 2010. Use this model to predict the exchange rate for January 2010 and February 2010. Month Exchange rate Jan 1.324 Feb 1.278 March 1.305 April 1.320 May 1.363 June 1.402 July 1.409 August 1.427 September- 1.456 October- 1.482 November -1.491 December- 1.461 Solution http://www.x-rates.com/average/?from=EUR&to=USD&amount=1&year=2012.

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The function y1 = x^2 is a solution of (x)^2 Solutionx2 - 3xy.pdf

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The function below does not have an inverse. Restrict the domain of the function so that the restricted function has an inverse. f(x) = 5(x + 8)2 - 5 *I can get as far as finding the inverse: sqrt(1/5x+1)-8 I just don\'t know how to restrict this. Solution The funcion will have an inverse in an inteval in which it either monotonically increases or monotonicall decreases The given function decreases from - infinity to -8 and then increases fro -8 to infinity So, domain = [-8, infinity).

The function below does not have an inverse. Restrict the domain of .pdf

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The free rider problem refers to people who A. Will only consume a public good if it is free. B. For efficiency’s sake, should be allowed to consume public goods (such as mass transit) even if they do not pay. C. Will not voluntarily pay for a public good even though they would benefit from its provision. D. Are not willing to pay for a public good because they lack information about its potential benefits. Solution C. Will not voluntarily pay for a public good even though they would benefit from its provision. The free rider problem happens in the case of public goods due to its two distinguished features such as nonrivalary and nonexcludability..

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The Fraud of the Century: The Case of Bernard Madoff update facts in this case with more current information. How do these new facts reflect changing social attitude towards the investment industry? Solution Bernard Madoff Case - The Fraud of the Century. In the year end of calendar year 2008, a pozi scheme was unearthed and become into public , the fraud was perpeuted by Bernard Madoff. The Ponzi terms was evolved and termed on the name of Charles Ponzi , who in the early tweenth century , it was seen that a way to profit from international reply coupons . The said international coupons were a guarantee of return postage in response to an international letter. Chrles Ponzi visualized that he could legally make money , by swapping out these coupons for more expensive postage stamps in countries where the stamps ere of higher vaues. He promised to investors 50% profit in a few years and the bubble were bursted. In the similar Ponzi scheme Mr. Madoff took the money from the new investors to pay earning for existing customers. Bernie Madoff started in the investment business by legally buying and selling stock not listed on the New York stock Exchange (NYSE), started in 1960 as a sole proprietorship he served as a whole seller between institutional investors. In early days, he made his money on the variance/spread between the offer price and sales price of stocks. his trade was zoomed in the year 1990, and his trade volume reached the 10% mark of the total trading of NASDAQ , USA. Mr Barnie was working with his brother Peter and developed superior techniques for trading , buying etc., at the best prices. Madoff did not operated any hedge fund , which charges a fee for services and hold the money at a custodial bank . in this way he become more fund backed and become successful and bold, Peter took the firms securities business. Mr Bernie became the Chairman of NASDAQ in the years 1990, 1991 and again 1993, and due to his standing he promised consistent return 10-12 % per year, and Bernie was drawing billions of dollars from hundreds of high net worth investors. In addition to he helped an government backed seat in the advisory board. Peters niece, Shana Madoff also joined in this bandwagon of prosperity as a compliance officer of this firm and she married to Eric Swanson , a former SEC compliance officer, and the girl was christened with \"Girls Scout \"and also\"Woman of Distinction\". with the respectable team of his family, Mr Madoff stated his guilt in the year 2009 and his famous strategy was \"split strike conversion\"and his \"Red Flag\" would have been the fact that he would have overtaken the market had he traded the options in the volumes necessary to meet his financial goals. Jeffry tucker was an attorney for 8 years at the SEC , and he also faciliteted the meeting between the Fairfield Greenwich Group and Madoff resulting in the loss of $ 7.3 billion as a sinle biggest loss. With the circle of the respectable personalities within his.

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The formula shown is a very common formula. It is the formula for .pdf

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The following transactions relate to Penelope Inc. Prepare journal entries for each transaction. Prepare the equity section of the balance sheet at each year-end, December 31. Assume 2013 was Penelope’s first year of operations. 1.Penelope issued 1,000 shares of $1 par value common stock for $70 per share on January 1, 2013. DATE ACCOUNT NAME DEBIT CREDIT BALANCE SHEET INCOME STMT A = L + E R - E 1/1/13 2.Penelope issued 500 shares of no par value, $5, non-cumulative preferred stock for $50 per share on January 1, 2013. DATE ACCOUNT NAME DEBIT CREDIT BALANCE SHEET INCOME STMT A = L + E R - E 1/1/13 1.Penelope reported net income of $2,000 during 2013 and paid no dividends. Prepare the company’s equity section of the December 31, 2013, balance sheet. Stockholders’ Equity: Total Stockholders’ Equity 2.On January 1, 2014, Penelope purchased 200 shares of its common stock for $60 per share. DATE ACCOUNT NAME DEBIT CREDIT BALANCE SHEET INCOME STMT A = L + E R - E 1/1/14 3.On December 15, 2014, Penelope declared and paid dividends totaling $6,600 during 2014. Prepare the company’s equity section from December 31, 2014. DATE ACCOUNT NAME DEBIT CREDIT BALANCE SHEET INCOME STMT A = L + E R - E 12/15/14 Class of Stock Total Dividend Dividend Per Share Preferred Common 4.Penelope reported net income of $20,000 during 2014. Prepare the company’s stockholders’ equity section of the December 31, 2014, balance sheet. Stockholders’ Equity: Total Stockholders’ Equity DATE ACCOUNT NAME DEBIT CREDIT BALANCE SHEET INCOME STMT A = L + E R - E 1/1/13 Solution 1)a. Cash Debit 70,000 [70 * 1000] Common sto credit 1,000 [1* 1000 ] Additional paid in capital credit 69,000 [69* 1000] [being common stock issued at premium recorded] Asset = liabilities + equity + 70,000 = 0 + +70,000 1b) cash Debit 25,000 [500*50] Preferred stock credit 25,000 [Being preferred stock issued recorded] 1c)Stockholders equity 2) Treasury stock Debit 12,000 [60*200] cash credit 12,000 [being stock repurchased recorded] Asset = Liabilities + equity - 12000 = 0 + (- )12000 3)Retained earnings Debit 6,600 Preferred stock dividend payable credit 2500 [5*500 ] Common stock dividend payable credit 4100 [6600 -2500] [being dividend declared recorded] b)Preferred stock dividend payable Debit 2500 [5*500 ] Common stock dividend payable Debit 4100 cash credit 6600 [being dividend paid recorded] 4)Preferred stock25,000Common stock1,000Additional paid in capital -common stock69,000Retained earnings2,000stockholders equity97,000.

The following transactions relate to Penelope Inc. Prepare journal e.pdf

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The following topics should be included in your key understandings and take-away for this week. What do you know about these topics? Definition of group Formal vs informal groups Tuckman’s stages of group development Groups as open systems Characteristics of effective groups Advantages and disadvantages of groups Advantages and disadvantages of decision making in groups Social facilitation, synergy, social loafing, Norms, cohesiveness, impact of different combinations of these. Definition of team Team building process Different team roles Advantages/ disadvantages of teams Types of teams (High performing, self managing, etc) Homogenous and heterogeneous teams Types of team building/ approaches to team building Difference between groups and teams Solution .1. A collection of individuals who have regular contact and frequent interaction, mutual influence, common feeling fcamaraderie, and who work together to achieve a common set of goals. 2. Formal Groups- Formal groups are created and maintained to fulfill needs or tasks which arc related to the total organisation mission. Thus these are consciously and deliberately created. Such groups may be either permanent in the form of top management team such as board of directors or management committees, work units in the various departments of the organisation, staff groups providing specialised services to the organisation, and so on; or the formal groups may be constituted on temporary basis for fulfilling certain specified objectives. When such objectives are fulfilled they disappear. These may be in the form of temporary committee, task force, etc. The working of formal groups is regulated by organisational rules and regulations. Informals Group- Informal groups, on the other hand, are created in the organisation becausc of operation of social and psychological forces operating at the work-place. Members create such groups for their own satisfaction and their working is not regulated by the general framework of organisational rules and regulations. Thus formal and informal organisations differ from each other in the following respects: 1. Origin—As discussed above, reasons and circumstances of origin of both formal and informal organisations are quite different. The formal groups are created deliberately and consciously in the organisation by the framers of the organisation. On the other hand, informal groups arc created because of the operation of socio-psychological forces at the workplace, that is, people while working together develop certain liking and disliking for others for the type of interactions not provided officially. 2. Purpose—Since formal groups are deliberate creation, they are created for achieving the legitimate objectives of the organisation. In fact, formal groups are basic product of formal ogranisation structure. The informal groups are created by organisational members for their social and psychological satisfaction. Thus they serve the purpose of organisational members wh.

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the following table contains a breakdown by sex of the faculty members at various ranks at hodgepodge university: Males Females professor 16 17 associate professor 39 35 assistant professor 57 59 instructor/lecturer 29 31 what is the probability that a faculty member selected at random will be a male professor, a female assistant professor, a instructor/lecturer and a female. show all work Solution No. of professors=33 male=16 female =17 Asso Profs = 74 Assi profs = 116 male=57 female =59 instructors=60 males=141 females=142 Probability for being a male prof= 16/283=0.057 Probability for being a female assi prof= 59/283=0.208 Probability for being a instructor=60/283=0.212 Probability for being a female=142/283=0.502.

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The following statements are about Free Cash Flow (FCF). Select all that are true. a) FCF gives an indication of whether or not cash can be returned to shareholders, or use to retire debt, borrow more to grow faster or any combination of these options. b) To interpret a firm’s free cash flows we need to study cash flow from operations, cash flows related to changes in working capital and cash flows related to changes in fixed assets and long- term assets. c) We can finance free cash flows in the following ways: pay interest to its lenders, pay dividends to its shareholders, increase/decrease interest on short or long-term debt, and/or issue stock to new shareholders. d) There is only one way to calculate free cash flow. e) FCF is the same as Cash Flow from Assets f) FCF takes into consideration operating cash flow, adjustments for capital spending and changes to net working capital. g) FCF is not a part of the cash flow identity. Match each transaction with the appropriate cash flow effect. Financing cash outflow, financing cash inflow, investing cash outflow,operating cash inflow, operating cash outflow, investing cash inflow, no cash flow effect) a) An increase in holdings of stocks of another company. b) Sales of goods and services. c) Acquiring fixed assets and purchase of debt or equity. d) Repurchase of the firm’s own equity securities. e) Sale of the firm’s own equity securities. f) Payment to shareholders dividends. g) Payment of interest to lenders and employees for services rendered. Solution The following statements are about Free Cash Flow (FCF). The following all that are true. b) To interpret a firm’s free cash flows we need to study cash flow from operations, cash flows related to changes in working capital and cash flows related to changes in fixed assets and long- term assets. c) We can finance free cash flows in the following ways: pay interest to its lenders, pay dividends to its shareholders, increase/decrease interest on short or long-term debt, and/or issue stock to new shareholders. e) FCF is the same as Cash Flow from Assets f) FCF takes into consideration operating cash flow, adjustments for capital spending and changes to net working capital. g) FCF is not a part of the cash flow identity. Match each transaction with the appropriate cash flow effect: a) An increase in holdings of stocks of another company-investing cash out flow b) Sales of goods and services-operating cash inflow c) Acquiring fixed assets and purchase of debt or equity-Investing cash outflow and Financing cash inflow d) Repurchase of the firm’s own equity securities-financing cash outflow e) Sale of the firm’s own equity securities-financing cash inflow f) Payment to shareholders dividend-financing cash outflow g) Payment of interest to lenders and employees for services rendered-financing cash outflow and operating cash outflow.

The following statements are about Free Cash Flow (FCF). Select all .pdf

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