Woolworths SA Store Staff Received 4.5 Percent Salary Hike
Woolworths South Africa (WSA) has committed to investing an extra R120 million in wages over the next three years, and
has approved a 4.5 percent increase for South African store staff, according to the Woolworths (Woolies) 2021 annual
report.
According to the annual report, the WSA base pay last year was 47 percent higher than the South African minimum wage
rate and 13 percent above that of the retail sector. The legislated minimum wage is currently R21.69 an hour.
"To further accelerate the improvement in the lives of WSA store-based employees, we will invest an additional R120
million over a three-year period to adjust WSA’s hourly base pay from R33.40 to R41.25 in 2023 – a 23.5 percent increase.
’’This investment will bring a meaningful benefit to the more than 20 000 store staff and go a long way towards our ‘just
wage’ aspirations," said the group.
The group said it introduced a ’’just wage’’ in 2019, a wage which would recognise the critical need to close the
remuneration gap in the context of the socio-economic environment in South Africa.
Woolies said executive directors and management levels did not receive a guaranteed pay increase in 2021, and it has
approved a 4.5 percent increase for South Africa store staff and 2 percent for Australia for the 2022 financial year.
"In South Africa, we have maintained the principle that store staff are given an increase higher than management levels.
Non-executive directors’ fees are proposed to increase by 4.25 percent for South Africa and CPI-related increases for
Australian and UK based directors," said the group.
The group said it paid chief executive officer (CEO) Roy Bagattini, chief financial officer Reeza Isaacs, chief operating
officer Sam Ngumeni and South African chief executive Zyda Rylands a combined R95 million remuneration based on the
performance of the financial year including the vesting of shares.
(Source: Faku, D. (2021) ‘Woolworths SA store staff received 4.5 percent salary hike.’ Business Report. 1 October 2021.
https://www.iol.co.za/business-report/companies/woolworths-sa-store-staff-received-45-percent-salary-hike-7e76c1d3-
7069-4358-9c0d-3c4213017294)
Answer ALL the questions in this section. Question 1
Discuss Woolworths’ "just wage" initiative from the perspective of external equity. Question 2
Will Woolworths’ approach to executive compensation ultimately benefit the company? Discuss. Question 3
Woolworths has decided to go through the process of conducting job evaluations so as to ensure that there is internal equity across similar jobs within the company.
The HR Director has contracted you, a job evaluation specialist, to provide advice on how to go about evaluating all employee jobs. Prepare an email to the HR Director in which you discuss the purpose of job evaluation and detail the job evaluation process.

Answers

Answer 1

1) Woolworths just wage covers the necessities of the workers.

2) Willworth's executive compensation does benefit the company.

3) The mail format is explained below.

1) A just wage is essential for a decent life for workers and their households, covering necessities such as predictable work hours, regular rest, a healthy working environment, and paid time off. It fosters self-development, asset building, and social, cultural, and spiritual growth.

A just wage structure offers disposable income, education, professional development, and skills enhancement, and promotes personal and community development. It also provides basic social security, including adequate healthcare coverage, retirement income, wage protection, and provisions for paid leave.

A just wage is non-discriminatory, promoting equality of opportunity and promoting long-term economic sustainability. It is not excessive and should reflect participation by workers, ensuring fair compensation, quality, and type of work.

2) Woolworths recognizes the importance of employees in delivering the company's financial performance and has developed remuneration policies to provide market-competitive compensation.

The company recognizes that remuneration is crucial for attracting, motivating, and retaining talented employees. The Woolworths Academy offers training and development opportunities for employees, and effective succession planning includes promotion and appointment to new challenges.

Woolworths has an achievement and performance-oriented culture, with over 40,000 employees holding shares in the company through equity-based schemes. The company's remuneration policy is market competitive, designed to attract, motivate, and retain key executives.

The company's remuneration structure consists of fixed remuneration and variable remuneration, with a significant proportion of remuneration "at risk" increasing with organizational responsibility and accountability. Woolworths aims to position all senior executives' remuneration at the median of the relevant market for fixed remuneration and the third quartile for total remuneration for outstanding performance.

3) Tо: YZ

Subjeсt: Jоb evаluаtiоn рrосess аnаlysis

Respected YZ,

{BODY}

Thank You.

Best Regards

[Name]

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Related Questions

As an investor based in the UK, you are concerned about the effect that Brexit will have on your UK stock portfolio. How might you diversify your stock portfolio? Provide detailed examples in your discussion.

Answers

Brexit is a decision that has major economic implications. Its effects on the stock market are hard to predict and may cause turmoil in the UK and worldwide markets.

Investors in the UK may benefit from diversifying their stock portfolios in order to avoid losses or reduce their impact.

The following are some ways to diversify a stock portfolio as an investor based in the UK:

1. Investing in international markets:

By investing in international markets, investors can gain exposure to markets that are less affected by Brexit.

Investors may gain exposure to emerging markets in Asia or South America. Investors may also invest in developed countries such as the United States, Japan, or Canada.

2. Investing in low-risk assets: Investors can minimize the impact of Brexit by investing in low-risk assets such as bonds, treasury bills, and other debt securities.

These assets are less sensitive to market fluctuations and provide a steady income stream.

3. Diversifying the portfolio: Investors can diversify their portfolios by investing in different sectors and industries.

This is especially important in the event that Brexit affects certain sectors of the economy.

For example, if Brexit were to have a negative impact on the automotive industry, investors who have diversified their portfolios may benefit from investments in sectors such as healthcare, technology, or consumer goods.

4. Investing in defensive stocks: Investors can invest in defensive stocks such as utilities, healthcare, or consumer staples.

These stocks are less sensitive to market fluctuations and may provide steady returns even during times of market turmoil.

In summary, diversifying a stock portfolio may be an effective way to reduce the impact of Brexit.

This can be achieved by investing in international markets, low-risk assets, different sectors and industries, and defensive stocks.

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\begin{tabular}{|l|} \hline Question 22 \\ Not yet \\ answered \\ Marked out of \\ 1.00 \\ P Hog \\ question \end{tabular} If the nominal interest rate per year is 10 percent and the inflation rate is 4 percent, what is the exact real rate of Interest? Select one: a. 6 percent b. 14.0 percent c. 5.76 percent d. 10.0 percent

Answers

Nominal interest rate: The nominal interest rate is the actual rate charged by the creditor. It is also known as the rate of interest charged by the loan provider, before accounting for inflation.

does not take into account the inflation rate.Inflation rate:Inflation rate is defined as the rate at which the general price level of goods and services is increasing over time. Inflation decreases the purchasing power of a currency, and people will have to pay more for goods and services.

The real interest rate:Real interest rate is defined as the interest rate that has been adjusted for inflation. It is the rate at which the actual purchasing power of the investment increases. It is calculated as the nominal interest rate minus the inflation rate.

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Suppose the following: - At time t=0, output exceeds the natural level of output. - At time t=1, output is below the natural level of output. - During that period, there are no changes in nominal money M, government spending G, taxes T, labor force L, firms' markup m and the catchall variable z. Using the AS-AD model and AS-AD diagram: a Plot the AS-AD curves at t=0. Be sure to label properly these curves and all the relevant variables. You can label the curves as AS 0

and AD 0

(1pt) respectively. b In a new graph, plot the AS-AD curves both at t=0 and at t=1. ( 1 pt) c In the same graph of part b), Thow the adjustment of output and the price level over time. You can assume that the economy returns to the natural level of output at t=2(1pt) d Explain the transition from the short run (t=0) to the medium run (t=2). (2 pt)

Answers

As a result, in the medium run (t=2), the output level remains at the natural level of output and the price level also stabilizes at the initial level (P0). Thus, the economy returns to its equilibrium state in the medium run.

a) Plot the AS-AD curves at t=0. Be sure to label properly these curves and all the relevant variables. You can label the curves as AS 0​ and AD 0​ respectively.

At time t=0, output exceeds the natural level of output.

As per the given information, during that period, there are no changes in nominal money M, government spending G, taxes T, labor force L, firms' markup m, and the catchall variable z. Hence, there will be no change in the natural level of output.

We can plot the AS-AD diagram as follows:

b) In a new graph, plot the AS-AD curves both at t=0 and at t=1. At time t=1, output is below the natural level of output.

In this case, both the AS curve and AD curve shift towards leftward direction.

The new AS-AD diagram is as follows:

c)

In the same graph of part b), show the adjustment of output and the price level over time. You can assume that the economy returns to the natural level of output at t=2

Assuming that the economy returns to the natural level of output at t=2, the adjustment of output and price level over time can be shown in the graph as follows:

We can observe from the graph that initially, the output level is higher than the natural level of output (Y1 > Yn). As a result, the price level increases from P0 to P1.

However, due to the decrease in output at t=1, the price level also decreases from P1 to P2. Over time, the economy moves towards the natural level of output (Yn).

As a result, the price level decreases from P2 to P0d)

Explain the transition from the short run (t=0) to the medium run (t=2).Initially, at t=0, the output level is higher than the natural level of output.

Due to the higher output level, the price level also increases.

However, at t=1, the output level decreases and hence, the price level also decreases. Over time, the economy moves towards the natural level of output (Yn).

As a result, in the medium run (t=2), the output level remains at the natural level of output and the price level also stabilizes at the initial level (P0).

Thus, the economy returns to its equilibrium state in the medium run.

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explain in details with a good example
meaning of critical method and advantages and
disadvantages of critical method in project management scdeduling
and cost

Answers

Critical Method is a project management tool used to aid in the planning, scheduling, and control of large, complex projects. The critical path method (CPM) is a mathematical technique used to schedule a set of project activities to complete the project on time.

CPM is used to determine the duration of a project, how to allocate resources, and which tasks are critical to the completion of the project.There are numerous advantages of critical path method, including the ability to allocate resources more effectively, maximize efficiency, identify the most critical activities, and reduce the amount of time and money spent on unnecessary tasks. The critical path method also provides a systematic and objective approach to project management, which can improve project success rates.

Additionally, it provides a better understanding of the project's risks, and it allows for more accurate forecasting and budgeting. The critical path method also has some disadvantages, including the high cost of implementation, the need for specialized software and training, and the possibility of inaccurate estimates due to human error or unexpected events. It may also be challenging to identify all the project's critical activities, particularly in large, complex projects. Finally, it can be challenging to apply the critical path method to projects that have multiple paths or those that are subject to frequent changes

.In conclusion, the critical path method is a valuable tool in project management, and it is beneficial in scheduling and cost control. However, it is essential to weigh its advantages and disadvantages before deciding to use it in a project.

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Given UNF's incredible growth and success, other regional universities have begun turning to animal mascots for guidance in response to their own problems. This is an example of what type of change?
A. Proactive change
B. Natural change
C. Reactive change
D. Animal-based change

Answers

The given situation that regional universities have begun turning to animal mascots for guidance in response to their own problems is an example of what type of change, can be classified as Proactive change.

More than 100 words explanation:

Proactive change is a deliberate attempt made by organizations to anticipate possible future changes and act in advance to them before they occur.

A company can initiate this kind of change to ensure its long-term survival by identifying market trends and responding to them.

An excellent example of proactive change is a company that regularly upgrades its facilities to keep up with market trends and customer demands.

Proactive change occurs when a company attempts to anticipate future events and initiates change in advance.

It is a far-sighted approach that aims to provide a company with a competitive advantage by responding to market trends before they become apparent.

Proactive change requires careful planning and a willingness to take risks, but it can pay off in the long run.

Regional universities have begun turning to animal mascots for guidance in response to their own problems.

This decision is an excellent example of proactive change.

They recognized that UNF's approach to using an animal mascot for guidance had helped to boost the university's growth and success,

so they made a conscious decision to adopt a similar strategy to help them achieve their objectives.

In conclusion, the example provided in the question is an excellent illustration of proactive change.

By anticipating future changes and acting in advance,

regional universities can gain a competitive advantage and ensure their long-term success.

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pleasant hills properties is developing a golf course subdivision that includes 250 home lots; 100 lots are golf course lots and will sell for $94,325 each; 150 are street frontage lots and will sell for $65,450. the developer acquired the land for $1,800,000 and spent another $1,400,000 on street and utilities improvement. compute the amount of joint cost to be allocated to the street frontage lots using value basis. (round your intermediate percentages to 2 decimal places.) multiple choice $1,920,000. $1,568,000. $1,080,000. $1,632,000. $720,000.

Answers

Determine the amount of joint cost to be allocated to the street frontage lots using value basis, we need to calculate the total value of the golf course lots and the street frontage lots.

The value of the golf course lots can be calculated by multiplying the number of lots (100) by the selling price per lot ($94,325). So, the total value of the golf course lots is

100 * $94,325 = $9,432,500.

The value of the street frontage lots can be calculated by multiplying the number of lots (150) by the selling price per lot ($65,450). So, the total value of the street frontage lots is

150 * $65,450 = $9,817,500.

To find the total value of all the lots, we can add the values of the golf course lots and the street frontage lots. Therefore, the total value of all the lots is

$9,432,500 + $9,817,500 = $19,250,000.

Next, we need to calculate the percentage of the street frontage lots' value to the total value of all the lots. This can be done by dividing the value of the street frontage lots ($9,817,500) by the total value of all the lots ($19,250,000).

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What is a balance sheet, (as compared to an income statement), and what is the important ‘balance sheet equation’? The ‘income statement equation? What are some of the principal assets and liabilities on the balance sheet and explain how these are related to both bank, stability, profitability and money creation. Using both types of financial statements, how did rapidly rising interest rates lead to the collapse of the Savings and Loan industry?

Answers

A balance sheet is one of the most important financial statements that any company or organization prepares. It provides an overview of a company's financial situation by showing what assets and liabilities it has. The balance sheet is different from an income statement, which shows the company's revenues and expenses over a specific period.

The balance sheet equation is Assets = Liabilities + Equity. This means that a company's assets must equal its liabilities plus equity.

This equation is important because it ensures that a company's assets are always balanced with its liabilities and equity.

The income statement equation is Revenues - Expenses = Net Income.

This equation shows how much money a company has earned after deducting all of its expenses. Some of the principal assets on a balance sheet include cash, accounts receivable, inventory, property, and equipment. Some of the principal liabilities include accounts payable, loans, and taxes owed. These assets and liabilities are related to bank, stability, profitability, and money creation in several ways.

For example, if a company has a lot of cash and accounts receivable, it can easily pay its bills and maintain stability. Similarly, if a company has a lot of inventory and property, it can create more products and generate more revenue, which leads to greater profitability.

On the other hand, if a company has a lot of debt, it may be less stable and less profitable. Rapidly rising interest rates led to the collapse of the Savings and Loan industry because many Savings and Loans (S&Ls) had made long-term loans at low interest rates and then had to pay higher interest rates to attract depositors. This made it difficult for S&Ls to make a profit and led to many of them going bankrupt.

Additionally, many S&Ls had invested in risky assets that lost value when interest rates rose, further contributing to their financial problems. As a result, the federal government had to step in and bail out many S&Ls to prevent a complete collapse of the industry.

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price takers
firms that take or accept the market price and have no ability to influence that price are known as:

Answers

Price takers are firms that accept the market price and lack the power to influence that price. Market prices, in a perfect market, are determined by the interactions between supply and demand. Because perfect competition is a theoretical ideal rather than a practical one, most businesses are not price-takers. 

A price taker is a business that is too small to have a significant impact on the marketplace and must accept the current market price regardless of what it is. Price takers are usually too small to influence the market and lack the power to set prices.

As a result, they must adapt to the current market price and create their goods and services with that price in mind. Because prices fluctuate, businesses are often price-takers in certain industries.

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A major factor influencing your choice of clothing for work should be
the products and services offered by your employer

Answers

Considering the products and services offered by your employer when choosing your work clothing helps create a cohesive and professional image that aligns with the company's values and customer expectations.

When choosing clothing for work, one of the major factors to consider should be the products and services offered by your employer. The choice of attire should align with the company's image, brand identity, and industry standards. It is essential to dress in a manner that reflects professionalism and credibility while also considering the specific needs and expectations of the company's customers or clients.

For example, if you work in a corporate environment where you interact with clients on a regular basis, it is generally expected to dress in formal business attire to convey a sense of competence and trustworthiness. On the other hand, if you work in a creative industry or a more casual setting, the dress code may be more relaxed, allowing for a more fashionable or trendy style.

Understanding the nature of the products or services offered by your employer is crucial in determining appropriate attire. If you work in a healthcare setting, adhering to specific dress codes, such as wearing scrubs or lab coats, may be necessary to maintain hygiene and professionalism. Similarly, if you are employed in a retail or hospitality industry, your clothing choices should be influenced by the company's branding and the expectations of the target audience.

Overall, considering the products and services offered by your employer when choosing your work clothing helps create a cohesive and professional image that aligns with the company's values and customer expectations.

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Prepaid (deferred) expenses adjustments LO P1 For each separate case below, follow the three-step process for adjusting the prepaid asset account at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 . Assume no other adjusting entries are made during the year. c. Prepaid Rent. On September 1 of the current year, the company prepaid $26,400 for two years of rent for facilities boing occupied that day. The company doblted Prepaid Rent and credited Cash for $26,400. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 .

Answers

Prepaid Rent Adjustments  The current account balance equals the amount of rent expense paid in advance at the end of the accounting period (December 31, 2021), which is eight months after the rent payment.

The prepaid rent account would currently show a balance of $17,600 ($26,400 x 8/24).

The current account balance should equal the amount of rent expense that has been used by the end of the accounting period (December 31, 2021). We know that the company paid for two years of rent on September 1, 2021.

the total rent expense is $26,400 x 2 years = $52,800. Since 8 months have passed since the payment, the portion of the rent expense that has been used so far is $52,800 x 8/24 = $17,600. Thus, the prepaid rent account balance should also be $17,600.

The adjusting entry to get from step 1 to step 2 is as follows:Decrease the Prepaid Rent account balance by $8,800 (which is the difference between the current balance of $26,400 and the balance of $17,600 that it should have). Debit Prepaid Rent account for $8,800 and credit Rent Expense account for the same amount.

Thus, the prepaid rent account balance will become $17,600 ($26,400 - $8,800) and the rent expense will be recognized in the income statement for the accounting period ending December 31, 2021.Therefore, the adjusting entry to record on December 31, 2021 is as follows:Rent Expense         $8,800Prepaid Rent           $8,800

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Security A and security B both provide semi anual payment of 89 over 5Year. the annual rate of return for both securities is 6.5%. both securities will provide the smae number of payments, but the payments for Security A occur atthe beginning of the month and the payment for Security B occur at the end of the month. What is the difference in the present value of these two sets of payment?
12.86 18.96 15.86 25.98 24.36
Your employer contributes 50 a week to your retirement plan. Assume that you work for your employer for another sixteen years and that the applicable discount rate is 6.5 %,compounded weekly. Givn these assumptions, what is this employee benefit worth to you today?
24135.99
25852.63
24218.04
25920.55
21574.68

Answers

Both securities are essentially similar, except for the timing of payments. In general, the sooner the payment is received, the more valuable it is, so the present value of Security A payments will be higher than Security B payments.

in order to find the difference in present value of these two sets of payments, we must subtract the present value of Security B payments from the present value of Security A payments.

The present value of employee benefit given that your employer contributes $50 a week for another 16 years and the applicable discount rate is 6.5%, compounded weekly is as follows:

PV = payment amount x present value factorn the employee benefit is worth $30,231.54 today.

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Whispering Winds Corporation, a private entity reporting under ASPE, was incorporated on January 3, 2019. The corporation’s financial statements for its first year of operations were not examined by a public accountant. You have been engaged to audit the financial statements for the year ended December 31, 2020, and your audit is almost complete. The corporation’s trial balance is as follows:
Cash $ 57,000 Accounts receivable 88,000 Allowance for doubtful accounts $ 1,700 Inventory 60,200 Machinery 81,000 Equipment 38,000 Accumulated depreciation 27,300 Intangible assets—patents 123,200 Leasehold improvements 34,300 Prepaid expenses 143000 Goodwill 30,000 Intangible assets—licensing agreement No. 1 55,500 Intangible assets—licensing agreement No. 2 56,000 Accounts payable 93,000 Unearned revenue 17,280 Common shares 300,000 Retained earnings, January 1, 2020 162,420 Sales 720,000 Cost of goods sold 474,000 Selling expenses 182,000 Interest expense 29,500 Total $1,321,700 $1,321,700 The following information is for accounts that may still need adjustment:
1. Patents for Whispering Winds’s manufacturing process were acquired on January 2, 2020, at a cost of $86,700. An additional $31,000 was spent in July 2020 and $5,500 in December 2020 to improve machinery covered by the patents and was charged to the Intangible Assets—Patents account. Depreciation on fixed assets was properly recorded for 2020 in accordance with Whispering Winds’s practice, which is to take a full year of depreciation for property on hand at June 30. No other depreciation or amortization was recorded. Whispering Winds uses the straight-line method for all amortization and amortizes its patents over their legal life, which was 17 years when the patent was granted. Accumulate all amortization expense in one income statement account. 2. At December 31, 2020, management determined that the undiscounted future net cash flows that are expected from the use of the patent would be $80,000, the value in use was $75,000, the resale value of the patent was approximately $55,000, and disposal costs would be $4,000. 3. On January 3, 2019, Whispering Winds purchased licensing agreement no. 1, which management believed had an unlimited useful life. Licences similar to this are frequently bought and sold. Whispering Winds could only clearly identify cash flows from agreement no. 1 for 15 years. After the 15 years, further cash flows are still possible, but are uncertain. The balance in the Licences account includes the agreement’s purchase price of $53,500 and expenses of $2,000 related to the acquisition. On January 1, 2020, Whispering Winds purchased licensing agreement no. 2, which has a life expectancy of five years. The balance in the Licences account includes its $53,000 purchase price and $8,000 in acquisition expenses, but it has been reduced by a credit of $5,000 for the advance collection of 2021 revenue from the agreement. In late December 2019, an explosion caused a permanent 60% reduction in the expected revenue-producing value of licensing agreement no. 1. In January 2021, a flood caused additional damage that rendered the agreement worthless. 4. The balance in the Goodwill account results from legal expenses of $30,000 that were incurred for Whispering Winds’s incorporation on January 3, 2019. Management assumes that the $30,000 cost will benefit the entire life of the organization, and believes that these costs should be amortized over a limited life of 30 years. No entry has been made yet. 5. The Leasehold Improvements account includes the following:
(i) There is a $14,000 cost of improvements that Whispering Winds made to premises that it leases as a tenant. The improvements were made in January 2019 and have a useful life of 12 years.
(ii) Movable assembly-line equipment costing $14,000 was installed in the leased premises in December 2020.
(iii) Real estate taxes of $6,300 were paid by Whispering Winds in 2020, but they should have been paid by the landlord under the terms of the lease agreement.
Whispering Winds paid its rent in full during 2020. A 10-year non-renewable lease was signed on January 3, 2019, for the leased building that Whispering Winds uses in manufacturing operations. No amortization or depreciation has been recorded on any amounts related to the lease or improvements. 6. Included in selling expenses are the following costs incurred to develop a new product. Whispering Winds hopes to establish the technical, financial, and commercial viability of this project in fiscal 2021. Salaries of two employees who spend approximately 50% of their time on research
and development initiatives (this amount represents their full salary) $100,000 Materials consumed 30,000
Complete the eight-column work sheet to adjust the accounts that require adjustment. Making a General Ledger Accounting: trial balance, adjustments, income statement, and SFP

Answers

The following actions must be completed in order to finish the eight-column worksheet and change the accounts that Whispering Winds Corporation needs to change:

1. Begin by examining the offered trial balance, which shows the account balances as of December 31, 2020. 2. Examine the supplied data for each account that may require adjustment, then make the appropriate changes.  For instance, add the price of newly acquired patents and their enhancements to the Intangible Assets—Patents account. Based on the patents' legal life, determine and record the amortisation expense.  Based on an evaluation of future net cash flows, value in use, resale value, and disposal costs, determine the impairment loss for the patents.  The licencing accounts should be adjusted to reflect the short lifespan of licencing agreement no. 1 and  the duration of the licencing agreement no. 2. Take into account any impairment loss brought on by the flood and explosion damage.  Amortise the incorporation-related legal costs over a 30-year restricted life and record the associated entry.  Spread out the price of moveable assembly-line equipment and leasehold improvements over the course of each item's useful life.  Make adjustments to the selling costs to account for employee wages and materials used for R&D. 3. After incorporating the changes made in step 2, create the updated trial balance. 4. Create the income statement, statement of financial position (balance sheet), and any other necessary statements using the corrected trial balance. 5. Ensure that all computations are correct and that all essential accounts are properly categorised. 6. Examine and Check the financial accounts for consistency with the modifications made by doing a reconciliation 7. Display the final worksheet, which has eight columns and contains the income statement, statement of financial condition, adjustments, and trial balance. Note: Given the word limit, it is not possible to provide a thorough eight-column spreadsheet due to the complexity and minute details of the revisions. To complete the spreadsheet and make the necessary adjustments to the accounts for Whispering Winds Corporation, follow the steps provided.

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neda runs a stock market consultancy firm. the firm advises its clients on where to invest and how to earn maximum profits. given this information, neda provides through the consultancy firm.

Answers

Neda runs a stock market consultancy firm where she advises clients on investing and maximizing profits. Through her firm, she provides valuable guidance on where to invest and how to earn maximum profits.


Neda's role: Neda is the owner or manager of a stock market consultancy firm. Her firm specializes in providing advice and guidance to clients on investing in the stock market.Client advisory services: Neda's firm offers advisory services to clients who are seeking guidance on where to invest their money. This means that Neda and her team analyze market trends, assess risks, and identify potential investment opportunities for their clients.


Expertise and knowledge: Neda and her team have expertise and knowledge in the stock market. They stay updated on market trends, financial news, and economic factors that can impact investments. This allows them to provide valuable insights and recommendations to their clients.Overall, Neda's stock market consultancy firm provides clients with expert advice on investing and helps them maximize their profits. This guidance is valuable for individuals looking to navigate the complex world of the stock market.

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Your client has asked you if you can have employee wages post to separate accounts, that is, officer, general labor, sales and marketing. Where can you make these changes? Payroll > Employees > Add an employee > Pay type > Account Gear > Payroll settings > Accounting > Wage expenses You cannot have wages post to separate accounts for different employees Gear > Account and Settings > Company > Payroll > Accounting

Answers

If the client asked for the employee wages to post to separate accounts, they are allocated to a single account by default. In order to post their salary to several accounts, you must create several pay types.

Follow these instructions to create pay types and edit the accounts for each employee so that their wages are posted to the appropriate accounts. Go to Payroll and then to Employees. Select the name of the employee whose account you'd like to modify. Click the edit icon in the Pay box .Now choose the Pay Type box, and then click Add Earnings Type .To save your changes, click Done. In the list of pay types, locate the new pay type you created and choose Edit accounts. Assign accounts to the employee's new pay type.

The salary of the employee is distributed across all accounts that are assigned to the pay type. Save your changes after you've made them. If you've made a mistake or need to modify an account, just go back to the Accounts tab and click Edit for the appropriate account, then choose the correct account.

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canadian adventures has earnings per share of $2.86 and dividends per share of $1.80. the total equity of the firm is $750,000. there are 38,000 shares of stock outstanding. what is the sustainable rate of growth? group of answer choices

Answers

If canadian adventures has earnings per share of $2.86 and dividends per share of $1.80. The sustainable rate of growth for Canadian Adventures is 5.37%.

What is the Sustainable Rate of Growth?

First we need to calculate the retention ratio

Retention Ratio = (EPS - DPS) / EPS

Retention Ratio = ($2.86 - $1.80) / $2.86

Retention Ratio = $1.06 / $2.86

Retention Ratio ≈ 0.370

Next we need to calculate the return on equity (ROE)

ROE = Net Income / Total Equity

ROE = (EPS * Number of shares outstanding) / Total Equity

ROE = ($2.86 * 38,000) / $750,000

ROE ≈ 0.145

Now we can calculate the sustainable rate of growth

Sustainable Rate of Growth = Retention Ratio * Return on Equity

Sustainable Rate of Growth = 0.370 * 0.145

Sustainable Rate of Growth ≈ 0.0537

Sustainable Rate of Growth ≈ 5.37%

Therefore, the sustainable rate of growth for Canadian Adventures is 5.37%.

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Why do many advertisers believe that the multimillion-dollar
costs of advertising during the Super Bowl make good economic
sense?

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Many advertisers believe that the multimillion-dollar costs of advertising during the Super Bowl make good economic sense. This is because the Super Bowl is one of the most-watched TV events globally, with a massive viewership. In the US alone, around 100 million people watch the Super Bowl every year.

This makes it an excellent opportunity for advertisers to promote their products to a massive audience. To many advertisers, the Super Bowl provides an ideal platform for them to showcase their products or services. In addition, the game is usually aired live on many TV networks globally, making it a perfect avenue for advertisers to reach out to their target audiences. Since it is a live event, advertisers can quickly adapt their ads to suit the mood and tone of the game, increasing the effectiveness of their marketing campaigns.

In addition, the Super Bowl is known for its high-quality commercials, with brands investing millions of dollars to create ads that are both entertaining and memorable. These ads are usually talked about for weeks after the game, making it an ideal opportunity for brands to establish themselves as thought leaders in their industry. To sum up, advertisers believe that the multimillion-dollar costs of advertising during the Super Bowl make good economic sense due to the massive viewership and the opportunity to promote their products to a massive audience.

Additionally, the high-quality commercials and the ability to create memorable ads make it an excellent opportunity for brands to establish themselves as thought leaders in their industry.

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if unrealized inter-company profits in ending inventory exceed unrealized inter-company profits in beginning inventory, what will be the effect of the consolidation entries to eliminate unrealized inter-company inventory profits?

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If the unrealized inter-company profits in ending inventory exceed those in beginning inventory, the consolidation entries will adjust the inventory values by decreasing the subsidiary's inventory and increasing the parent company's investment in the subsidiary.

The consolidation entries to eliminate unrealized inter-company inventory profits depend on whether the subsidiary's inventory was sold or still on hand at the end of the period. Here's a step-by-step explanation:

1. If the subsidiary's inventory was sold by the end of the period, the consolidation entries will not be affected. Unrealized inter-company profits in beginning inventory are already eliminated when the subsidiary's inventory is sold to an external party.

2. If the subsidiary's inventory is still on hand at the end of the period, and the unrealized inter-company profits in ending inventory exceed those in beginning inventory, the consolidation entries will adjust the inventory values. Here's the process:

  a. Calculate the difference between the unrealized inter-company profits in ending inventory and beginning inventory.

  b. Create an adjusting entry to decrease the subsidiary's inventory and increase the parent company's investment in the subsidiary.

  c. Decrease the subsidiary's inventory by the calculated difference.

  d. Increase the parent company's investment in the subsidiary by the same calculated difference.

  e. This adjustment ensures that the inter-company profits are eliminated, resulting in more accurate consolidated financial statements.

In conclusion, if the unrealized inter-company profits in ending inventory exceed those in beginning inventory, the consolidation entries will adjust the inventory values by decreasing the subsidiary's inventory and increasing the parent company's investment in the subsidiary. This adjustment eliminates the unrealized inter-company inventory profits, leading to more accurate consolidated financial statements.

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A company currently pays a dividend of $3.8 per share (D 0

=$3.8), it is estimated that the company's dividend will grow at a rate of 22% per year for the next 2 years, and then at a constant rate of 7% thereafter. The company's stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 3.5\%. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent.

Answers

The negative values show that the company's growth rate is not sustainable. Thus, we can conclude that the company's stock is not in a stable position currently. Therefore, we can't estimate the stock's current price.

Given that the current dividend per share of the company, D0 = $3.8 and it is expected to grow at a rate of 22% for the next two years and then grow at a constant rate of 7% thereafter. Also, the stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 3.5%.

To find the estimate of the stock's current price we will have to find out the cost of equity using the Capital Asset Pricing Model (CAPM).The formula for CAPM is;

Ri = Rf + βi(Rm - Rf)

Where Ri is the cost of equity, Rf is the risk-free rate, βi is the stock's beta, and (Rm - Rf) is the market risk premium.

Substituting the values in the formula,

Ri = 0.075 + 1.2(0.035)

Ri = 0.075 + 0.042Ri = 0.117 or 11.7%

The cost of equity is 11.7%

Next, we will have to find out the dividend growth rate for the first two years using the following formula;

D1 = D0(1+g1)

Where D0 is the current dividend per share, D1 is the dividend per share after one year, and g1 is the dividend growth rate for the first year.

Substituting the values in the formula,

$4.676 = $3.80(1 + g1)1 + g1

= $4.676 / $3.80g1

= 23.89%

We get the dividend growth rate for the first year as 23.89%.

Using the same formula, we can find out the dividend growth rate for the second year.

D2 = D1(1+g2)

Where D2 is the dividend per share after two years, D1 is the dividend per share after one year, and g2 is the dividend growth rate for the second year.

Substituting the values in the formula,

$5.789 = $4.676(1 + g2)1 + g2

= $5.789 / $4.676g2

= 23.68%

We get the dividend growth rate for the second year as 23.68%.

Substituting the values in the formula,

D2 = $4.676(1+0.13233)

D2 = $5.334

Next, we will find the price of the stock using the new dividend value in the Dividend Discount Model.

P0 = D2 / (r - g)

Substituting the values in the formula,

P0 = $5.334 / (0.117 - 0.13233)

P0 = $5.334 / (-0.01533)

P0 = -$349.22

This is an absurd value. This is because the stock price can't be negative.

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It is worthy to point out tha Nokia has been working extremely hard on sustainability strategy since 2017. What are the attributes of this strategy? Has the company achieved its goal?

Answers

The attributes of sustainability strategy that has made the company to achieved its goal are;

economic viability environmental protection social equity.

What is sustainability strategy?

In order to create long-term benefits for an organization and its employees while keeping an eye on resource conservation and protection, a sustainable business strategy takes economic, environmental, and social factos into account in all of its policies, practices, and procedures.

A prioritized list of actions makes up a sustainability or corporate responsibility strategy. It offers a shared structure for concentrating investment, enhancing performance, and involving both internal and external stakeholders.

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Reengineering is the radical redesign of business processes to achieve major gains in​ cost, service, or time. Which of the following is NOT one of the basic principles of​ reengineering?
A.Have those who use the output of the process perform the process.
B.Link parallel activities instead of integrating their results.
C.Absorb information processing work into the real work that produces the information.
D.Organize around strategic​ initiatives, not tasks.
E.Put the decision point where the work is performed and build control into the process

Answers

- B. Link parallel activities instead of integrating their results.

In reengineering, the principle of linking parallel activities instead of integrating their results is not one of the basic principles. Let's go through the other principles and explain them in more detail:

A. Have those who use the output of the process perform the process:

This principle emphasizes that the individuals or departments who rely on the output of a particular process should be involved in performing that process. This ensures that those who understand the requirements and expectations of the output are directly involved in its creation. By doing so, it reduces handoffs, delays, and miscommunications between different groups.

C. Absorb information processing work into the real work that produces the information:

This principle suggests that instead of treating information processing as a separate activity, it should be integrated into the actual work process that generates the information. By doing this, it reduces the need for additional administrative tasks and streamlines the flow of information.

D. Organize around strategic initiatives, not tasks:

This principle focuses on aligning the organizational structure and processes with strategic goals and objectives. Rather than organizing based on specific tasks or functions, reengineering encourages a more holistic approach where processes are designed and structured around strategic initiatives. This enables greater flexibility, efficiency, and adaptability to changing business needs.

E. Put the decision point where the work is performed and build control into the process:

This principle emphasizes empowering employees by placing decision-making authority at the point where the work is performed. It involves giving employees the necessary information, tools, and authority to make decisions and take ownership of their work. By building control into the process, it reduces the need for excessive layers of management and promotes quicker decision-making.

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Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system For specific identification, ending inventory consists of 240 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 160 units $ 8.50 $ 1,360 January 10 Sales 120 unit $17.50 January 20 Purchase 300 units 5.7.50 January 25 120 units January 240 units $7.00 1,630 Totals 500 units $ 3,790 240 units 750 Sales Purchase The Company uses a periodic Inventory system For specific identification, ending inventory consists of 240 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending Inventory and to cost of goods sold using a specific identification, (b) weighted average (FIFO, and (UFO Complete this question by entering your answers in the tabs below. Weighted Specific Id FIFO LIFO Average Determine the cast assigned to ending inventory and to cost of goods sold using specific identification, For specific identification, ending Inventory consists o January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods of units of units Cost per # of units in Available for Cost of Goods Cost per unit Ending Sate sold unit Sold ending Inventory Inventory Beginning inventory Purchases January 20 January 30 Total Cost per uni Weighted Average >

Answers

The cost assigned to the ending inventory is $1,945, and the cost of goods sold is $2,145 using the weighted average method.

To determine the cost assigned to the ending inventory, we need to multiply the number of units in the ending inventory by their respective costs. Since the specific identification method is used for the ending inventory, we need to consider the costs from different purchases.

January 30 purchase: 230 units * $7.50 = $1,725

January 20 purchase: 5 units * $8.00 = $40

Beginning inventory: 20 units * $9.00 = $180

Cost assigned to the ending inventory = $1,725 + $40 + $180 = $1,945

Calculate the cost of goods sold:

Cost of goods sold = Total cost of goods available for sale - Cost assigned to the ending inventory

Cost of goods sold = $4,090 - $1,945 = $2,145

Therefore, the cost assigned to the ending inventory is $1,945, and the cost of goods sold using the weighted average method is $2,145.

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In the highest unemployment period of Germany
and Ukraine, identify and discuss the types of
unemployment that contribute most significantly to the unemployment
rate in this period 2005-2021

Answers

Germany and Ukraine have experienced periods of high unemployment rates between 2005 and 2021. The following types of unemployment contributed significantly to the unemployment rate in these countries.

Frictional Unemployment: This type of unemployment occurs when people are between jobs. In Germany, frictional unemployment contributed to the highest unemployment rate. Workers may take some time to transition to their next job, particularly if they need to develop new skills or move to another region or country.

Similarly, young people who are just entering the job market may experience frictional unemployment as they seek the best employment opportunities for their skills. Structural Unemployment: This type of unemployment is caused by a mismatch between the skills that workers have and the skills that employers need.

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an effective sexual harassment program is one that is orally communicated to the employees. true false

Answers

False.

An effective sexual harassment program should not solely rely on oral communication to employees. While oral communication can be an important component of the program, it should be supplemented with comprehensive written materials and training sessions. Oral communication alone may not provide sufficient clarity, consistency, and documentation of the program's policies and procedures.

A well-designed sexual harassment program should include written policies and guidelines that clearly define what constitutes sexual harassment, provide examples of inappropriate behavior, outline reporting procedures, and explain the consequences for engaging in such behavior. These written materials can be distributed to employees, ensuring that everyone has access to the information and can refer back to it as needed.

Additionally, training sessions are crucial to educate employees about sexual harassment, its impact, and how to prevent and address it. Interactive training sessions can provide a platform for discussing scenarios, asking questions, and promoting a better understanding of the subject matter.

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the conceptual anchor that suggests that ob should be studied using evidence-based management and methodical research techniques is the _____ anchor.

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The conceptual anchor that suggests that OB should be studied using evidence-based management and methodical research techniques is the Scientific anchor.

OB (Organizational Behavior) is a field of study that investigates how people, organizations, and structures interact.

It involves the study of human behavior in organizations and the factors that affect this behavior.

How is OB studied?

OB is studied using evidence-based management and methodical research techniques.

These techniques include systematic observation, controlled experiments, and quantitative analysis.

What is the Scientific anchor?

The Scientific anchor is a conceptual anchor that suggests that OB should be studied using evidence-based management and methodical research techniques.

It is grounded in the belief that OB can be studied using the same scientific methods used in other disciplines,

such as physics, chemistry, and biology.

As such, it emphasizes the importance of empirical research,

data analysis, and the use of scientific theories and models to understand and explain organizational behavior.

The Scientific anchor also promotes the use of quantitative methods to measure and analyze the behavior of individuals and groups within organizations.

This involves the use of statistical analysis,

hypothesis testing,

and other mathematical techniques to study the relationships between variables and to develop predictive models that can be used to guide decision-making in organizations.

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Expanding a company's operations into foreign markets can be considered almost routine in today's modern world. This pattern will almost certainly continue for some time into the foreseeable future due to communication and information technology developments. Most domestic organizations will look outside their current geographic location when considering expansion. This typically entails investigating potential openings in various international markets. For various reasons, it is commonly held that managing and running a domestic business is more straightforward than engaging in international trade. The reasons for this belief are numerous. In general, the laws that govern international business and investment vary from nation to nation, as do business ethics and culture, political systems, monetary policies, and currencies, among other aspects of national governance. These are potential factors that could combine to make conducting business overseas more challenging and, as a result, riskier than running a business at home. When discussing the differences between domestic and international business, it makes sense to talk about the challenges that come up when conducting business on a global scalechallenges that are not customarily encountered or do not present themselves to the same degree as they do when running a company in the same country. You have decided that you would like to expand your business into the international market. In preparation for this endeavor, you are interested in learning more about the prerequisites that must be satisfied before you can enter the international market. Discuss, explain and analyze the requirements to start a global and international business. The presentation should include the following: - Introduction to your existing business > In which country would you like to extend your business and why What are the requirements to start an international business in that particular country? > Challenges and issues How to overcome the challenges and issues > Suggestions and Recommendations > Conclusion - You are required to prepare a GROUP PRESENTATION (Group of 4) based on the above. - Your presentation must be creative and innovative and have a minimum of TEN (10) slides and

Answers

Introduction to the existing businessOur existing business is a boutique fashion store named Fashionista located in Sydney, Australia. It sells high-end fashion brands for women, men, and kids. The business has been operating for three years and has achieved great success in the local market.

The company aims to extend its business in New York, one of the fashion capitals of the world. New York is a hub for luxury fashion and home to several high-end boutiques. Besides, New York is considered the largest fashion capital in the United States. The city has a high population and has more than 8 million residents.

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What are some of the barriers to entry that monopolies would use? Which do you think is the best barrier to use? Why? 2. Comparing a perfectly competitive firm and a monopoly what happens to the price and the quality of the goods?

Answers

A monopoly is a market with a single seller or producer. Monopolies create significant entry barriers to prevent competition from new entrants. Barriers to entry can be natural, technological, economic, or strategic. The following are some of the common barriers that monopolies use:Legal Barriers:

A legal barrier is one that is imposed by the law. For example, patents and copyrights provide an exclusive right to the owner of the invention or creation to produce and sell it in the market. Therefore, legal barriers protect intellectual property rights from infringement and create entry barriers. Natural Barriers: Natural barriers are those that arise due to the unique characteristics of a product or service.

For instance, a firm may have a monopoly on the production and sale of a mineral that is only available in a specific geographical area. Therefore, natural barriers arise due to a lack of resources or unique technology that is required to produce a product. Economies of Scale: Economies of scale refer to the cost advantages that a firm can achieve by producing large quantities of goods or services.

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: As a professional engineer, you are required to demonstrates application of knowledge and understanding of the impact of engineering activity on the society, economy, industrial and physical environment, cultural and address issues by analysis and evaluation to manage risk. [20]

Answers

As a professional engineer, it is crucial to apply knowledge and understanding of how engineering activities impact society, the economy, the industrial and physical environment, and cultural aspects. This includes analyzing and evaluating these impacts to effectively address issues and manage risks associated with engineering projects.

Professional engineers have a responsibility to assess the consequences of their engineering activities across various domains. They need to consider the societal impact by ensuring their projects align with public needs, safety, and well-being. Evaluating the economic implications involves conducting cost-benefit analyses and assessing the project's contribution to the economy.

Furthermore, engineers must address the industrial and physical environment by mitigating adverse effects on natural resources, minimizing pollution, and promoting sustainability. Cultural considerations involve respecting cultural heritage, diversity, and inclusivity in engineering designs and implementations.

Through analysis and evaluation, engineers identify potential risks associated with their projects and implement strategies to manage and mitigate those risks effectively. By demonstrating these competencies, professional engineers ensure that their work aligns with societal values, promotes sustainable development, and effectively manages risks.

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Which of the following is NOT one of the steps in forming equity perceptions?
a. Form a perception of how a comparison-other is being treated.
b. Compare one's own circumstances with those of a comparison-other.
c. Evaluate how one is being treated by an organization.
d. Satisfy physiological needs before growth needs.

Answers

Satisfying physiological needs before growth needs is not a step in forming equity perceptions. It is a concept from Maslow's hierarchy of needs, which is a theory of motivation.

The steps in forming equity perceptions are:

Form a perception of how a comparison-other is being treated. This means comparing the inputs and outcomes of the comparison-other to your own inputs and outcomes.

Compare one's own circumstances with those of a comparison-other. This means comparing your own inputs and outcomes to the comparison-other's inputs and outcomes.

Evaluate how one is being treated by an organization. This means evaluating whether you feel that you are being treated fairly by the organization.

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Forwards & Arbitrage Opportunities
Suppose that the exchange rate between the US dollar and the Euro is Edollar/euro 1.1, and that you = expect it to be around 1.3 in 6 months from now. Suppose also that you have 10,000 dollars and that the forward rate of dollars per euro is Fdollar/euro = 1.2. Describe in detail the arbitrage strategy that you would engage in and calculate the profits you would obtain from it.

Answers

Arbitrage is the simultaneous purchase and sale of an asset to profit from the difference in price between two markets. The concept of forward rate arbitrage involves the difference between the spot and forward rate of two currencies. To take advantage of this arbitrage opportunity, traders would typically follow these steps:

First, convert the 10,000 dollars to Euros at the current spot rate:

10,000 USD * 1.1 (spot rate) = 11,000 Euros

Then, enter into a forward contract to sell Euros and buy dollars in 6 months time at the forward rate:

11,000 Euros / 1.2 (forward rate) = 9,166.67 USD

Now, we need to calculate how much profit we make by holding this forward contract. If the exchange rate moves as expected to 1.3 in 6 months, the profit would be:

11,000 Euros * (1.3 - 1.1) = 2,200 Euros

Converting this back to USD at the forward rate, we get:

2,200 Euros / 1.2 (forward rate) = 1,833.33 USD

Therefore, the total profit is:

1,833.33 - 9,166.67 = $7,333.33

By engaging in this arbitrage strategy, the trader would earn $7,333.33 in profit. This is a low-risk strategy because the trader has locked in a known profit by purchasing the Euros at the current spot rate and selling them forward at the known forward rate. However, in practice, the opportunity for forward rate arbitrage may not exist due to factors such as transaction costs, interest rates, and liquidity constraints.

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critics of the minimum wage content that higher minimums cause employers to move up their labor demand curve reducing employment of low wage workers

Answers

Critics of the minimum wage argue that increasing the minimum wage leads to a decrease in employment for low-wage workers. This is because employers may respond to higher minimum wages by reducing their demand for labor.



To illustrate this, let's consider an example: Suppose the minimum wage is raised from $8 to $10 per hour. In response, a small business owner may decide to hire fewer employees or cut back on work hours to accommodate the increased labor costs. This reduction in employment opportunities can have a significant impact on low-wage workers who rely on these jobs for their income.



In summary, critics of the minimum wage believe that higher minimums cause employers to move up their labor demand curve, resulting in a reduction in employment opportunities for low-wage workers. However, it's important to note that there are differing opinions on the effects of minimum wage increases, and economists continue to debate the overall impact on employment levels.

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