Retrieve the risk-free rate of return as the annual interest rate of US treasuries.

Summary:

PA 2 Professional Assignment II – (CLOs covered: 1, 2, 4, 5)

I. Search Yahoo Finance, http://www.bloomberg.com or any other credible source to retrieve the most recent income statement and balance sheet for a major leveraged corporation.

II. Provide these statements in proper format.

III. Also, retrieve the data on the company’s stock annual rate of return for the past 10 years.

IV. In addition, retrieve annual rate of return of a major financial index. Present this data as well.

V. Using the data on company’s stock rate of return and the index’s rate of return estimate beta of the corporation. Make sure to adjust this value to obtain leveraged beta. Compare this value with the value stated by the source. Retrieve the risk-free rate of return as the annual interest rate of US treasuries. Based on these values estimate the expected annual rate of return of the corporation’s security. Using the financial statements mentioned above estimate the annual rate of interest paid by the corporation (cost of debt). Also, find the tax rate and capitalization ratio (proportions among equity and debt). Using these values that you have found estimate the annual weighted cost of capital (WACC) of the corporation.

VI.Suppose that the corporation is offered an investment which has the following cash flows.

Explain the quantifiable or nonquantifiable results anticipated from the capital investment.

In this module, we addressed the balanced scorecard, as well as corporate social responsibility and sustainability.
Identify and describe a specific capital investment you believe management could invest in to help achieve one of the perspectives of the balanced scorecard.
Identify the specific objective of the capital project.
Estimate the cost of investing in the capital project.
Explain the quantifiable or nonquantifiable results anticipated from the capital investment.
Keep in mind that these scholarly references can be found in the Saudi Electronic Library by conducting an advanced search specific to scholarly references.

. Identify and describe 3 major emerging technologies that will have a pronounced effect on AIS over the next 10 years?

Please use online sources such as www.findarticles.com (Links to an external site.), Google, and possibly other resources, such as the FAU online electronic library collection (e.g., Proquest) and the AICPA web site, to research your answer.

Please answer the following questions in essay form

1. Identify and describe 3 major emerging technologies that will have a pronounced effect on AIS over the next 10 years?
2. Identify and describe 3 serious issues facing accountants in the AIS area over the next 10 years.
3. Identify and describe trends in employment and consulting opportunities for accountants in the AIS air over the next 10 years.Please answer the following question in single

Discuss data issues with classmates and make sure all of you are using the same data before doing the regressions.

This project will directly count 10% towards the final. I have included PMI and GDP/GNP growth data (both revised and real-time) to do the project. In the excel file. But you may ignore these and consider only PMI (monthly), and the two GDP series to do the project. Note: do all the analysis using data over 1979:06 – 2014:02

The deadline is 11/26.

ECO 519: Fall 2019: Nowcasting GDP growth using ISM’s PMI

This project has two parts, A and B.

A. Consider Koenig’s second regression:

∆y = β (pmi – δ) + γ ∆pmi.

∆y is real GDP/GNP growth as the dependent variable. PMI and ∆PMI are the right-hand side variables as defined by Evan Koenig, (2002), “Using the Purchasing Managers’ Index to Assess the Economy’s Strength and the Likely Direction of Monetary Policy,” Federal Reserve Bank of Dallas Economic and Financial Policy Review, Vol. 1, No. 6.

Run a simple OLS regression: ∆y = α + β. PMI + γ ∆PMI + u, using the sample period 1979:06 – 2014:02. The variable u is the usual regression error with zero expectation. Find out the implied threshold value δ and the coefficient of PMI from this linear regression. Run also the non-linear regression ∆y = β (PMI + δ) + γ ∆PMI to confirm your estimate of δ. Test the null hypothesis that δ is 0.50.

Use both real-time and revised GDP growth data that I have supplied to you and compare the results with the possible explanations for any differences. You have to collect the monthly PMI data from the ISM website or FRED database at the Federal Reserve Bank of St. Louis website. The GDP growth values (real-time and currently revised) are given as an Excel attachment.

Note: Be careful when you generate the variables. You have to follow Koenig precisely and his footnote 8.

B. Nowcasting using Mixed Data Sampling ( MIDAS ) regression:

Determine the individual contributions of three intra-quarterly (monthly) PMI’s in nowcasting quarterly real GDP growth (do this with real-time data only) using your data set. For example, in prediction GDP growth for the first quarter, use the PMI values for January (announced at the beginning of February), February (announced at the beginning of March) and March (announced at the beginning of April. You have to define three such variables. Thus, you will run a simple regression of ∆y on a constant and 3 variables pmi1, pmi2, and pmi3, where pmi1 takes only (January, April, July, Oct) values, pmi2 takes (Feb, May, Aug, Nov) values, and pmi3 takes (March, June, Sept, Dec) values. Thus, in this regression, all your variables are quarterly, and monthly PMI values have been converted into three separate variables each representing the first, the second and third month of each quarter.

Submit a typed report o with regression results and your commentary. The report should not look clumsy. You can add a graph comparing real GDP growth and PMI (quarterly averages).

WARNING: Please is careful when you generate the variables. You have to follow Koenig precisely and his footnote #8. With your report, including the last 20 values of ∆y, PMI, and ∆PMI at quarterly frequencies. Your work will have no value of you can’t generate these values correctly. I suggest using Excel.

Discuss data issues with classmates and make sure all of you are using the same data before doing the regressions. There is only one truth!

Utilizing your chapters in the book as an outline, write a position paper on your thoughts, beliefs, and expectations concerning business ethics.

Utilizing your chapters in the book as an outline, write a position paper on your thoughts, beliefs, and expectations concerning business ethics. You can use other materials in your paper, but I am wanting you to write from the first person expressing yourself related to business ethics.

Write the report assuming the reader to be your prospective investors and or customers, and try to address readers interest, questions and concerns in a professional manner with meaningful and clear explanations.

Write the report assuming the reader to be your prospective investors and or customers, and try to address readers interest, questions and concerns in a professional manner with meaningful and clear explanations.
First, outline the business and operations strategy, mission statement, core competencies, product and process design, and quality considerations in the manufacturing process for the product/service you have selected. Then you will proceed to analyze and select a production location or locations, forecast your production requirements, plan the capacity of your production facility, schedule considerations, and establish the necessary supply chain partnerships. Additionally, you will need to discuss what your inventory management policies will be, and your plans for implementing ERP and Lean management in your production facility.
You will need to include the following sections specifically in your Project Report:
1. Mission Statement that addresses minimally, what business will the company is in, who the customers are, and how will the company’s basic beliefs define the business.
2. Strategy: How do you plan to gain a competitive advantage in the market place, or in other words, “what are your core competencies?” Try to address the question, whether your company will compete on, cost, quality, time (speed), or flexibility? Or on a combination of two or more of these dimensions.
3. Results of environmental scanning (government regulations, trends, opportunities, threats, etc.) and the factors influencing your choice of product, process etc.
4. A detailed description of your product (include complete details of the component parts, and the process of manufacture). You may also want to discuss,
How did you pick your product?
a) Idea development b) Product screening (alternate products considered etc.) c) Preliminary design and testing (pilot, samples, any market tests etc.) d) Final design (components, processes,material, machinery and other resources necessary to manufacture your product- including any outsourcing)
5. How will you ensure consistent quality in your products and processes? How do your company’s standards compare with the industry standards? Any bench marking etc.
6. Forecasting: Decide what to forecast. Evaluate and analyze appropriate data (industry, regional, and national including demand data from a similar company). Select the forecasting method (quantitative, not qualitative) and justify your selection. Generate forecasts (please include as attachments). How will you check accuracy of your forecasts? Will you forecast for seasonality and if so, how? Explain.
7. Operations planning: Determine the necessary “production capacity” of your facility based on your demand forecasts? What productivity measurements will you use?
8. Location Consideration: Describe the steps/analysis that you followed to determine the best location for your facility. Discuss, a) Regional-national considerations, proximity to sources of supply, customers, or sources of labor. b) Community considerations (any use of break-even analysis or other technique), and c) Site considerations. Outline your supply chain strategy and discuss how it impacted your facility location decision (from raw material to customer).
9. Manufacturing: Describe how you will manufacture your product (machines, labor, robotics, etc.). What type of manufacturing process layout will you use and why? Keep in mind that you will most likely utilize just-in-time (JIT) to the extent possible. Also recall the process of manufacture you chose, namely, continuous process, flow shop, cellular, job shop, project, or a hybrid (combination of two or more of the former)
10. Develop a diagram (attachment) of the facility layout and justify your layout choice. Show how the product flows through the facility from raw materials to finished product.
Note: Diagrams should reflect space requirements for each function (machine, operator, and WIP, etc.). Discuss briefly, what happens at each station, and show output at each station (pieces per hour or similar measure).
11. How will you utilize “just-in-time” concepts in your facility? Discuss your Inventory management policies and ERP implementation, if any?

Provide statistics and summaries of studies to prove that the problem exists.

A requirement for ENG101 by both the college and the state is that students write a formal research paper.

Homelessness in the US is rising for three reasons: A, B, and C. The consequences of growing homelessness are X, Y, and Z. The most effective way to fix the problem is by doing A and B.
Your thesis must provide arguable claims. Avoid using cliched language such as good or bad or pro or con. Be specific about what you are arguing.
2) Facts regarding the problem: In this section, you should give facts that prove the existence of the problem. Provide statistics and summaries of studies to prove that the problem exists. Feel free to use tables and graphs but make sure to cite them. Make sure your facts show the complexity of the issue. For example, don’t just say that X number of people are homeless; be specific about who these people are. How old, what ethnicity and so on.
3) Argue THREE causes of the problem: In this section, you should provide three causes of the problem and support those causes by evidence. Make sure to discuss each cause in a different paragraph and start each paragraph with a topic sentence.
One major reason for growing poverty in the US is A. According to the CDC, millions of people became homeless after the 2008 recession….

4) Argue THREE consequences of the problem: In this section, you should argue what the three consequences of the problem are and provide evidence to support each in a differnt paragraph.
5) Discuss pragmatic solutions: In this section, you should discuss pragmatic solutions. Don’t just say, Let’s all help those who are struggling: hoping for people to do X or Y is wishful thinking, so come up with specific solutions that you think have a chance of working.

Imagine that one of your friends or relatives was going to open up a business. Think about the top 5 takeaways from Managerial Accounting (ACCT 2120) that you would want to share with this person to help him or her make this business a success.

Now write a 7+ page report containing the following information.
1. Introduction (1 page maximum)
2. About The Company (1 page minimum)
o Describe the business your friend or relative would be starting. Please provide enough information so that someone reading your report can understand why your Top 5 Takeaways make sense for this business.
3. List of Top 5 Takeaways
o The purpose of this section is to quickly introduce your Top 5 Takeaways.
4. Takeaway # (1 page minimum)*
o Describe this key takeaway in enough detail that your friend or relative can act on your explanation without having to do additional research.
o As you describe your key takeaway, make sure to define any accounting words that your friend or relative would not know.
o Provide an example of what applying this takeaway would look like for your friend’s company. If this involves doing math or building a schedule, then please show all your work.
5. Conclusion (1 page maximum)

Analyze the major changes that the digitalization, automation, IofT, Artificial Intelligence, Quantum Computing, Machine to Machine learning and Robotization are going to change the way businesses and companies are run.

Industry 4.0 – Analyze the major changes that the digitalization, automation, IofT, Artificial Intelligence, Quantum Computing, Machine to Machine learning and Robotization are going to change the way businesses and companies are run.Explain how leadership, management and business activities will change vs. what we have seen during the first 20 years of this century