FIN 320 Week 8 Discussion 2 (Portfolio Performance Evaluation)

FIN320 Week 8 Discussion 2;

“Portfolio Performance Evaluation” Please respond to the following:

Take a position on the following statement: Conventional wisdom says one should measure a manager’s investment performance over an entire market cycle. Support your response with arguments from the text.
Determine whether or not the universe of similar investment managers overcomes the statistical problems associated with instability of beta or total variability. Support your position.

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How do you know if an equation is a false statement?

How do you know if an equation is a false statement? Describe with example.

What is the difference between an expression and an equation?  Explain with example

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Haply Inc. contracts with Barksdale LLC to have an engine repaired

Contractual Remedies
Haply Inc. contracts with Barksdale LLC to have an engine repaired. After much negotiation, the parties agree that the engine will be repaired and reinstalled at Haply’s facilities in 5 days. Haply plans on losing $40,000 a day for each day the engine is not delivered after the five-day window (this is the cost for a replacement engine).

Haply tells Barksdale’s representatives that if the engine is not repaired on time that bad press will cause Haply to lose a client’s business totaling $3,000,000. Barksdale does not complete the contract until day 7.

It cost Haply $500 to secure the delivery of a replacement engine. The actual rental of the replacement engine cost $40,000 a day. And Haply lost the business of a client totaling $3,000,000. Haply sues Barksdale for incidental, consequential and compensatory damages. The court finds that there is a breach of contract. What are the consequential, incidental, and compensatory damages that Barksdale is liable for in this case? Be sure to define each of those terms.

The requirements below must be met for your paper to be accepted and graded: 
•Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word.

•Attempt APA style, see example below.

•Use font size 12 and 1” margins.

•Include cover page and reference page.

•At least 60% of your paper must be original content/writing.

•No more than 40% of your content/information may come from references.

•Use at least two references from outside the course material, preferably from EBSCOhost.
•Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.
Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc.  Sources such as Wikis, Yahoo Answers, eHow, etc. are not acceptable.

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RTI Company’s master budget calls for production and sales of 18,000

RTI Company’s master budget calls for production and sales of 18,000 units for $81,000; variable costs of $30,600; and fixed costs of $20,000. The company incurred $32,000 of variable costs to produce and sell 20,000 units for $85,000, and earned $25,000 operating income.

Problem Information       

Master budget sales volume (units)         18,000
Budgeted total sales revenue        $81,000
Budgeted total variable costs        $30,600
Budgeted fixed costs        $20,000
Actual variable costs incurred        $32,000
Actual production/sales volume (units)        20,000
Actual total sales revenue        $85,000
Actual operating income        $25,000

Requirements   

1. Determine RTI Company’s 
a. Flexible budget operating income.
b. Contribution margin flexible-budget variance.
c. Operating income flexible-budget variance.
d. Sales volume variance, in terms of contribution margin.
e. Sales volume variance, in terms of operating income.

 2. Explain why the contribution margin sales volume variance and the operating income sales volume variance for the same period are likely to be identical.

 3. Explain why the contribution margin flexible-budget variance is likely to differ from the operating income flexible-budget variance for the same period.

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How would a nuclear war be different from wars in the past

1. How would a nuclear war be different from wars in the past?

2. Dependency on computers and their networks can be exploited by terrorists through the use of tactics that fall into two broad categories. Identify these categories and explain the differences.

3. Identify and describe the weapons that are considered to be a part of the “holy trinity of terror weapons.” Give examples where appropriate.

4. Explain the reasons for the development of new weapons.

5. Explain the reasons for the development of new weapons.

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How was the organization’s leadership involved in implementing

For your Final Paper, the interview questions that relate to this week’s content are:

How was the organization’s leadership involved in implementing the changes? In other words, what actions did leaders take to help institute the change?

Was technology implemented to bring about the organizational change? If so, what was the technology and how was it brought into the company?

What was the founder of the organization like? What were his or her values and belief system?

As stated in the beginning of the course, write a 3- to 4-page report that summarizes the interview. Your paper should be written in APA format and include the following headings:

Introduction
The Purpose of This Paper
The Interviewee and His or Her Organization
(Include whom you interviewed and his or her role in the organization, as well as why you chose to interview that person.)

Interview Questions and Answers
Question #X: [insert question]
Response to Question #X
Question #X: [insert question]
Response to Question #X
Question #X: [insert question]
Response to Question #X

Question Analysis
Summary of the Responses
How the Answers Relate to the Course Content

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Assess what it means to develop good habits of thought through hard work

1.  Assess what it means to develop good habits of thought through hard work. (200 words)

2.  List two attributes of a well-cultivated critical thinker and provide your interpretation of each attribute using examples from your personal experience. (200 words)

3. Define inference and assumption, and then explain the relationship between the two. Provide two examples of inferences that you made from assumptions that you have. (75 words)

4. Describe two intellectual standards, and give examples of each from your own life. (75 words)

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During the financial crisis and afterwards gold prices skyrocketed

1. During the financial crisis and afterwards gold prices skyrocketed. Discuss why gold prices changed. Is gold always a good investment in uncertain times? Why has gold’s performance changed now? Discuss.

2. Explain all the following risk types and make an example about each of these cases. Please also provide a detail explanation how these types of risks may interact with each other under certain circumstance.

a. credit risk
b. interest rate risk
c. off-balance-sheet risk
d. foreign exchange risk
e. country or sovereign risk
f. technology risk
g. market risk
h. liquidity risk

3. You deposit $12,000 annually into a life insurance fund for the next 40 years, after which you plan to retire.

a. What are the considerations when you are looking for a certain life insurance fund?
b. If the deposit is made at the beginning of the year and earn an interest of 7 percent, what will be the amount after the end of year 40?
c. You wish to receive annuities for the next 20 years (year 41 to 60). What is the annual payment you expect to receive at the beginning of the year if the interest is 7 percent in year 41 to 60?
d. Repeat step b and c with 8 percent interest and 6 percent interest and show the difference in terms of annual payment.
e. Would you personally invest into this kind of insurance fund? If not, what kind of investment are you interested in? Please explain why.

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Given a business situation in which managers require information from a database

A. Lab # : BSBA BIS245A-2
B. Lab 2 of 7 : Skills Development in Visio; Creation of MS Access Database
C. Lab Overview—Scenario / Summary
TCOs:
1.    Given a business situation in which managers require information from a database, determine, analyze, and classify that information so that reports can be designed to meet the requirements.
2.    Given a situation containing entities, business rules, and data requirements, create the conceptual model of the database using a database modeling tool.
3.    Given an existing relational database schema, evaluate and alter the database design for efficiency.
4.    Given an existing database structure demonstrating efficiency and integrity, design the physical tables.

Scenario:
You have been asked to create a conceptual database model using MS Visio Database Model Diagram Template. The purpose of this lab is to have you gain experience with the various modeling tools needed to create a conceptual model (entity relationship diagram) of a database. You will then modify the model for implementation as a MS Access database. You will create and modify one conceptual model.
You will then create a MS Access database based on the model developed in Visio, creating the necessary tables and relationships.
Upon completing this lab, you will be able to
1.    relying on detailed instructions, add two entities to the existing conceptual model (ERD), including attribute data types and required field lengths;
2.    create a new MS Access database file;
3.    using the model from Parts A of the lab, and relying on detailed instructions; create the first two tables in the database;
4.    use the experience gained in creating the first two tables to add the remaining tables;
5.    using the model from Part A of the lab, and relying on detailed instructions; create the relationship between the first two tables in the database; and
6.    use the experience gained in creating the first relationship to create the remaining relationships between the tables.
D. Deliverables
Section    Deliverable    Points
Part A     YourNameLab2.vsdx (Visio Diagram)
Part B     YourNameLab2.accdb (Access Database)

E. Lab Steps
Preparation
1.    Get the Visio diagram
a.    Download Lab2_StarterFile.vsdx file from your course iLab page, and Save the file to your local drive.
2.    Using Citrix for MS Visio and/or MS Access
a.    If you are using the Citrix remote lab, follow the login instructions located in the iLab area in Course Home.
b.    You will have to upload the Lab2.vsdx file to your Citrix drive, or allow Citrix access to your system. Follow the instructions for uploading files to Citrix, located in the iLab area in Course Home.

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Peri Company acquired 60% of the outstanding common stock

Peri Company acquired 60% of the outstanding common stock of Sam Company on June 30, 2011 for $283,800. On that date, the fair value of the non-controlling interest was $189,200. On the acquisition date, Sam Company had retained earnings in the amount of $60,000, and the fair value of its recorded assets and liabilities was equal to their book value. The excess of cost over the fair value of the recorded net assets was attributed to an unrecorded manufacturing formula held by Sam Company, which had an expected remaining useful life of five years from June 30, 2011.

On December 31, 2011, Peri company sold equipment (with an original cost of $200,000 and accumulated depreciation of $50,000) to Sam Company for $175,000. This equipment has since been depreciated at an annual rate of 20% of the purchase price.

During 2012, Sam Company sold land to Peri Company at a profit of $30,000. Peri still holds the land acquired from Sam.

The inventory of Peri Company on December 31, 2012 included goods purchased from Sam Company on which Sam recognized a profit of $7,500.

During 2013, Sam Company sold goods to Peri Company for $375,000, of which $160,000 was unpaid at December 31, 2013. The December 31, 2013 inventory of Paul Company included goods acquired from Sam Company on which Sam recognized a profit of $10,500.

During 2013 Peri Company sold goods to Sam Company for $600,000 at a markup on sales of 20%. At December 31, 2013, 30% of these goods remain unsold by Sam Company. Sam Company still owes Peri remain unsold by Sam Company. Sam Company still owes Peri Company $160,000 for these inventory purchases.

During 2013, Peri Company sold a trademark to Sam Company for $100,000. The trademark had a book value of $20,000 at the sale date. Sam still holds the trademark at 12/31/13. The trademark is not amortizable and is not impaired. Sam still owes Peri for the trademark sale.

On January 1, 2013 Sam Company reports $600,000 in bonds outstanding with a book value of $564,000. Peri purchases half of these bonds on the open market for $291,000. Attribute the income effects of this transaction to the parent company.

Required: Carefully Follow and label each step.

1. Prepare the acquisition analysis as of acquisition date. Compute the unamortized differential as of 1/1/2013.
2. Analyze each intercompany transaction. Label as either upstream downstream.
3. Calculate Net income to the controlling interest for the year 2013
4. Verify the calculation of the balance in the account equity in sub earnings and record the parent company entries with respect to its investment during 2013
5. Prepare all elimination entries for 2013.
6. Complete the consolidating spreadsheet for the year ended 2013.

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