Happely is a global online marketplace that connects designers with companies who need graphic design work for their projects. Companies often need a custom design that is high quality and don’t want to go to a high-end creative agency to get their needs met. Companies join the platform to hire graphic designers, and graphic designers join the platform to be hired for projects. A company writes a design brief explaining the help that it needs and the specific deliverable needed. Happely provides a search tool to search for designers by their skill sets (e.g., logo design vs. T-shirt design).
Companies like Happely have contributed to the rise of the “gig economy”— an existing market system in which companies hire independent contract workers for short-term projects. To attract business, artists and designers post examples of their work on the platform. Which of the following is an example of an externality relevant to the gig economy?
a. When browsing other artists’ profiles, Angela (another graphic designer) sees Juanita’s designs for socks and misappropriates them for work she is doing on gloves.
b. Due to the rise of popularity for Happely in India, a majority of students at the College of Art in New Delhi start to join the Happely network.
c. Revenue per company increases in the United States over the next year.
d. There is a rise in the number of workers who have sufficient work experience.
In: Economics
A boy has 5 red , 2 yellow and 4 green marbles. In how many ways
can the boy arrange the marbles in a line if:
a) Marbles of the same color are indistinguishable?
b) All marbles have different sizes?
In: Statistics and Probability
In: Physics
1. some people argue that digital rights management violates the public’s right to fair uses.
(a). Should a person or company that creates intellectual property have an ethical and/or legal right
to offer it for sale (or license) in a form protected by their choice of digital rights management
technology (assuming the restrictions are clear to potential customers)? Give reasons:
(b). Should people have an ethical and/or legal right to develop, sell, buy, and use devices and
software to remove digital rights management restrictions for fair uses? Give reasons
2. Scenario_ Issue1: Lawsuit over Obama campaign poster
During the presidential campaign, Shepard Fairey found a photo of Barack Obama on the Internet, modified it to look more like a graphic design, and made a very popular campaign poster out of it without any credit to the photographer, Mannie Garcia, or permission from the Associated Press, which owns the photo. After Fairey declined AP's request that he pay licensing fees, AP sued Fairey for copyright violation. Fairey claims his use was a fair use. AP claims that the design, on sweatshirts, etc., has produced hundreds of thousands of dollars in income. (Mar. 2009)
In: Computer Science
| Capital Budgeting | ||||||
| Pete's Precision Presses is considering purchasing a new press for $200,000. | ||||||
| The press will save the company $60,000 per year in production costs for 7 years. | ||||||
| After 7 years the press will have a value of $50,000. | ||||||
| Depreciation is calculated over 7 years using straight-line. | ||||||
| 1. Calculate the Payback Period | ||||||
| Should the company buy the press if its minimum ARR is 20%? | ||||||
| 3. Calculate the Net Present Value (NPV) of the press using 15% interest. | ||||||
| Should the company buy the press using NPV? | ||||||
In: Accounting
b. Wells Printing is considering the purchase of a new printing press. The total installed cost of the press is $2.2 million. This outlay would be partially offset by the sale of an existing press. The old press has zero book value, cost $1 million 10 years ago, and can be sold currently for $1.2 million before taxes. As a result of acquisition of the new press, sales in each of the next 5 years are expected to be $1.6 million higher than with the existing press, but product costs (excluding depreciation) will represent 50% of sales. The new press will not affect the firm’s net working capital requirements. The new press will be depreciated under MACRS, using a 5-year recovery period. The firm is subject to a 40% tax rate. Wells Printing’s cost of capital is 11%. (Note: Assume that the old and the new presses will each have a terminal value of $0 at the end of year 6.) [15 marks]
i. Determine the initial investment required by the new press. [2 marks]
ii) Determine the operating cash flows attributable to the new press. (Note: Be sure to consider the depreciation in year 6.) [6 marks]
In: Finance
Wells Printing is considering the purchase of a new printing
press. The total installed cost of the press is $2.2 million. This
outlay would be partially offset by the sale of an existing press.
The old press has zero book value, cost $1 million 10 years ago,
and can be sold currently for $1.2 million before taxes. As a
result of acquisition of the new press, sales in each of the next 5
years are expected to be $1.6 million higher than with the existing
press, but product costs (excluding depreciation) will represent
50% of sales. The new press will not affect the firm’s net working
capital requirements. The new press will be depreciated under
MACRS, using a 5-year recovery period. The firm is subject to a 40%
tax rate. Wells Printing’s cost of capital is 11%. (Note: Assume
that the old and the new presses will each have a terminal value of
$0 at the end of year 6.) [15 marks]
i. Determine the initial investment required by the new press. [2
marks]
ii. Determine the operating cash flows attributable to the new
press. (Note: Be sure to consider the depreciation in year 6.) [6
marks]
iii. Determine the payback period. [2 marks]
iv. Determine the net present value (NPV) and the internal rate of
return (IRR) related to the proposed new press. [4 marks]
v. Make a recommendation to accept or reject the new press, and
justify your answer. [1 marks]
In: Finance
1. What is Kwashiorkor?
2. What is the ADIME for Kwashiorkor?
3. What is a TPN solution used for a 4-year-old boy who was Diagnosed with Kwashiorkor?
4. What are the energy needs of a 4-year-old boy with Kwashiorkor?
In: Nursing
Janet was asked the following question on her Probability Test: Q: A class has 7 boys and 6 girls. The teacher will be picking two volunteers at random to do the recycling. What is the probability that the teacher picks one boy and one girl?
Janet's answer along with her explanation is shown below:
Well there is a 7/13 chance of picking a boy and a 6/13 chance of picking a girl- therefore, the probability of picking a boy AND a girl will be P(Boy) x P(Girl) = 7/13x6/13=42/169=25%.
Explain , in detail if you agree with her answer. Include in your answer references to independent and dependent events. If you agree that her answer is correct, explain why. If you disagree with her answers, explain what she did wrong and include the correct solution.
In: Statistics and Probability
Identify the conflicting obligations and decide whether the action taken is morally right.
***. An executive of a large company learns that the company is violating the state anti pollution law by dumping chemicals into the lake bordering its plant. The state inspectors are being bribed to ignore the violation and the executive takes no action. Is the action taken morally right?
***. A doctor on duty in a hospital emergency room one Halloween night treats a 15-year-old boy whose eye was injured by an exploding firecracker. He notices the boy is drunk. Because the extent of the injury is not certain, he has the boy admitted to the hospital and notifies his parents. When they arrive, the boy is under sedation, so his drunken condition escapes their detection. Nevertheless, the doctor informs them that their son had been drinking. Is the doctor's action morally right?
In: Psychology