Sarah is the vice president of a computer sales company. Sarah could save significant money by firing one of two employees who service the northwest region: Gary and Brenda. Gary is a long-time employee with an excellent sales record and a forceful demeanor. However, you Sarah and Gary have conflicted in the past when Sarah rejected his request for a significant raise. Brenda has been struggling with her sales quotas lately, but is very popular amongst her co-workers. She has also been a quiet confidant for key sales decisions. Required:
Evaluate whether Sarah should layoff Brenda, Gary, or neither employee, and give the reasons for your decision.

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.

Which of these is an example of innovation?