Business, 14.11.2019 01:31 chrissyg76
On 9/18/2019, fedex corp shares plummeted 13% after it reported disappointing quarterly results and lowed its full-year outlook. fedex reported an 11% decline in earnings for its fiscal first quarter when excluding integration expenses tied to its acquisition of the european carrier tnt express. it also cut its profit and revenue forecasts, projecting per-share earnings to fall by as much as 29% in the current fiscal year, compared with an expectation of a mid-single-digit percentage decline issued in june. with weaker macroeconomic conditions and uncertainty stemming from trade disputes across the globe, fedex foresees fewer shipments moving across borders. the announcement wiped out nearly $6 billion in market capitalization. (you can also watch the cnbc video below to find the comments that jim cramer made regarding fedex’s performance . based on your research on fedex, discuss why the market reacted so dramatically to fedex's announcement. based on your views, rank the following in order of likely price impact: historical results, revised forecasts, required investment, and sheer degree of surprise. also, do you believe that the market reacted "fairly" to fedex's announcement? is there a case that fedex is now over- or under-valued?
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Business, 22.06.2019 00:30
Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale
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Business, 22.06.2019 07:10
9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation
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Business, 22.06.2019 16:20
The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:
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On 9/18/2019, fedex corp shares plummeted 13% after it reported disappointing quarterly results and...
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