Read the following passage and anwer the question that follows. "Japan's earlier Meiji constitution of 1889 had granted supreme power to Japan's emperor. However, the 1947 constitution gave power to the Japanese people through their elected legislature, the Diet. The emperor remained important in government only as 'the symbol of the State and the unity of the people.' Japan's new constitution also guaranteed individual freedoms, such as freedom of speech, religion, and the press. These individual rights had not been guaranteed under Japan's earlier constitution." Which of the following things did Japan's 1947 constitution not do? a. guarantee individual freedoms b. make the emperor more powerful c. allow freedom of the press d. take power from the emperor and give it to the people.

In the space provided, write the letter of the choice that is most nearly opposite in meaning to the given word.

ascetic

A. unknown

B. self-indulgent

c. pleasant

D. loose

A Japanese car manufacturer (JCM) reported Sales of Products of 22,670 billion for the year ended March 31, Year 7. The Cost of Products Sold was 18,356 billion. Assume that JCM made all sales on credit. By March 31, Year 7, JCM had collected cash for all the sales made on account during the fiscal year ended March 31, Year 7. Provide the journal entries that JCM made during the fiscal year ended March 31, Year 7, related to these transactions. JCM applies U.S. GAAP, and reports its results in billions of yen.

Search online to obtain and or prepare charts of the monthly average direct exchange rates for the past two years for the U.S. dollar versus (1) the Japanese yen, (2) the European euro, (3) the British pound, and (4) the Mexican peso. Your four charts should each have time on the horizontal axis and the direct exchange rate on the vertical axis.

Required

Select one major factor that have caused the changes in the four foreign currencies' exchange rates versus the U.S. dollar and present an argument showing how a change in that factor could cause the change in the exchange rate.

The St. Louis Federal Reserve has historical exchange rates on its website, www.stlouisfed.org. On the website, find the FRED data. Download the exchange rate with U.S. dollars over the past five years for the following currencies: Brazilian reais, Canadian dollars, Hong Kong dollars, Japanese yen, Mexican new pesos, South Korean won, Indian rupees, Swiss francs, Australian dollars, and the euro. Graph the exchange rate for each of these currencies in a dashboard that can be printed on one page.

Compare the price or size of the clothing below. Remember to make the gender and number of the adjective agree with the noun it describes. Modelo: Esta camisa es mas cara que aquella camisa. 1. Estos guantes (10 dólares)- aquellos guantes (5 dólares) - barato. 2. Esos pantalones (G) - estos pantalones (P) - ancho. 3. Estos zapatos (10) - esos zapatos (10) - grande. 4. Esa camiseta (P) - esta camiseta (G) - pequeño.

Miraculin - a protein naturally produced in a rare tropical fruit - can convert a sour taste into a sweet taste. Consequently, miraculin has the potential to be an alternative low-calorie sweetener. In Plant Science (May 2010), a group of Japanese environmental scientists investigated the ability of a hybrid tomato plant to produce miraculin. For a particular generation of the tomato plant, the amount x of miraculin produced (measured in micrograms per gram of fresh weight) had a mean of 105.3 and a standard deviation of 8.0. Assume that x is normally distributed. Find P(x > 120).

[Related to the Don’t Let This Happen to You on page 1041] If we know the exchange rate between Country A’s currency and Country B’s currency and we know the exchange rate between Country B’s currency and Country C’s currency, then we can compute the exchange rate between Country A’s currency and Country C’s currency.

Suppose the exchange rate between the Japanese yen and the U.S. dollar is currently $\yen$ 115 = $1 and the exchange rate between the British pound and the U.S. dollar is$\pounds$0.75 =$1. What is the exchange rate between the yen and the pound?

One of your company’s essential suppliers is located in Japan. Your company needs to make a 1 million Japanese yen payment in six months. Considering that your company primarily operates in U.S. dollars, you are assigned the task of deciding on a strategy to minimize your transaction exposure. Identify the spot and forward exchange rates between the two currencies. What factors influence your decision to use each? Which one would you choose? How many dollars must you spend to acquire the amount of yen required?

The data on the next page represent the male and female population, by age, of the United States in 2012. Note: Use 85 for the class midpoint of $\geq 80$.

$$\begin{matrix} \text{Age} & \text{Male Resident Pop} & \text{Female Resident Pop}\\ \text{0-9} & \text{20.700.000} & \text{19.826.000}\\ \text{10-19} & \text{21.369.000} & \text{20.475.000}\\ \text{20-29} & \text{21.417.000} & \text{21.355.000}\\ \text{30-39} & \text{19.455.000} & \text{20.011.000}\\ \text{40-49} & \text{20.839.000} & \text{24.532.000}\\ \text{50-59} & \text{20.785.000} & \text{22.058.000}\\ \text{60-69} & \text{14.739.000} & \text{16.362.000}\\ \text{70-79} & \text{7.641.000} & \text{9.474.000}\\ \text{}{\geq 80} & \text{4.230.000} & \text{6.561.000}\\ \end{matrix}$$

(a) Approximate the population mean and standard deviation of age for males. (b) Approximate the population mean and standard deviation of age for females. (c) Which gender has the higher mean age? (d) Which gender has more dispersion in age?

Collectivistic cultures are to ________ as individualistic cultures are to ________.
a. dispositional; situational
b. situational; dispositional
c. autonomy; group harmony
d. just-world hypothesis; self-serving bias

Use the newspaper article below. What's Harming Japan's Oysters? A 1994 red tide killed off thousands of akoya oysters in Japan's Ago Bay. For years following the red tide, oysters continued to die, confounding pearl farmers and scientists alike. Scientists have suggested many possible causes, from a virus to pollutants. Whatever the reason, in 1996 Japanese pearl farmers harvested only 56.6 tons of pearls from akoya oysters, down from 72.6 tons in 1993. Use a linear model. Estimate the number of tons of pearls harvested in 2000.

The general merchandise retail industry has a number of segments represented by the following companies:

$$\begin{array}{ll} \textbf { Company Name } & \textbf { Merchandise Concept } \\ \hline \text { Costco Wholesale Corporation } & \text { Membership warehouse } \\ \text { Wal-Mart } & \text { Discount general merchandise } \\ \text { JCPenney } & \text { Department store } \end{array}$$

For a recent year, the following cost of merchandise sold and beginning and ending inventories have been provided from corporate annual reports (in millions) for these three companies:

$$\begin{array}{lrrr} & \textbf { Costco } & \textbf { Wal-Mart } & \textbf { JCPenney } \\ \hline \text { Cost of merchandise sold } & \$ 62,335 & \$ 306,158 & \$ 11,571 \\ \text { Merchandise inventory, beginning } & 5,039 & 35,180 & 3,641 \\ \text { Merchandise inventory, ending } & 5,405 & 34,511 & 3,259 \end{array}$$

a. Determine the inventory turnover ratio for all three companies. Round to one decimal place.

Renée Michaels, CFA, plans to invest $1 million in U.S. government cash equivalents for the next 90 days. Michaels’s client has authorized her to use non-U.S. government cash equivalents, but only if the currency risk is hedged to U.S. dollars by using forward currency contracts. a. Calculate the U.S.-dollar value of the hedged investment at the end of 90 days for each of the two cash equivalents in the table below. Show all calculations. b. Briefly explain the theory that best accounts for your results. c. Based upon this theory, estimate the implied interest rate for a 90-day U.S. government cash equivalent. Interest Rates 90-Day Cash Equivalents$ $$ \begin{matrix} \text{Japanese government} & \text{7.6\\%}\\ \text{Swiss government} & \text{8.6}\\ \end{matrix} $$ $$ Exchange Rates: Currency Units per U.S. Dollar $$ $$ \begin{matrix} \text{ } & \text{Spot} & \text{90-Day Forward}\\ \text{Japanese yen} & \text{133.05} & \text{133.47}\\ \text{Swiss franc} & \text{1.5260} & \text{1.5348}\\ \end{matrix} $$ $