Suppose that demand for carpet-cleaning services in Dirtville is described by P = 200 - 4Q. There are currently 9 identical firms that clean carpet in the area. The unit-cost of cleaning a carpet is constant and equal to $20. Firms in this industry compete in quantities.

a) Show that in the Cournot-Nash equilibrium the profit of each firm is 81.

b) Suppose that one of the carpet-cleaning firms is contemplating merging with another firm. This merged firm would compete on all equal footing with non-merged firms. Show that the profit earned by the merged firm would be insufficient to compensate all the shareholders/owners who owned the original firms and earned profits from them in the pre-merger game.

c) Now suppose that eight of the nine firms have agreed to engage in pairwise mergers (e.g., firm 1 mergers with firm 2, firm 3 merges with firm 4, etc.), reducing the number of firms in the market from nine to five. Would this arrangement be profitable for the merged firms? Which firm benefits the most from this action?

Should public service employees receive roughly the same pay and benefits earned by comparable workers in the private sector? What about firefighters and police who face danger in their daily lives?

Before you go into your boss’s office (the COO) for a meeting, you hear him berating the CFO about a local building project your company is currently pursuing.

CFO: “But, Todd, according to the latest projections from the university next year, they anticipate a 22 percent decrease in enrollment. These are the very students we were targeting this complex for. This could result in an estimated loss of revenues of nearly 30 percent!”

COO: “Alex, I’m sick of this discussion. According to your numbers, we’ve already spent $200,000 on the foundation and pipe laying for the utilities to that apartment complex. You’re wanting us to abandon all the money we’ve spent on this project?”  

For the meeting, you are holding in your hand the projections you’ve just finished in order to give to the two officers in the C-suite. It shows the following:

                        Estimated population growth of community over the next 5 years = -1.4 percent

                        Estimated revenues from decreased enrollment projections = $77,000

                        Estimated variable costs from operating complex when opened = $90,000

                        Analysis of community trends: small-town atmosphere, mostly retired homeowners; not expecting growth in middle-class due to COVID-19 effects; college population decreasing

                        Confidence in above estimates= 88 percent

Upon going into the office, the two men look at you quizzically. The COO looks at you and asks your advice. What do you tell him?

Researchers from the University of Kent, UK, were interested in whether collectivist or individualist attitudes are related to one’s intent to comply with social distancing and safety guidelines during COVID-19. Participants were classified as either collectivist or individualist and rated their intent to comply with guidelines on a scale from 1-5, where 1 is definitely not and 5 is definitely yes. Please conduct an independent-groups t-test to determine if there is a significant difference in intention to comply between individualists and collectivists.

In addition, please:
- report cohen’s d
- report r^2
- conduct and interpret an F-MAX test
- include 95% confidence intervals
- report your answer in words that directly address the research question
- and show all work in step by step detail.

Collective

x f

3 2

4 6

5 12

Individual

x f

1 1

2 3

3 11

4 13

5 2

Many who follow these diets claim extreme health benefits (Improved body composition, increased energy, mental clarity, etc) from following these protocols.

With this information in mind, answer/discuss the following questions in your discussion post:

1. If an individual consumes twice as much protein as their body needs, what happens to the extra protein?

2. What, if any, health risks may be associated with very high protein consumption?

3. Finally, discuss the recommendations that you would give to a friend or family member who wishes to try one of these high protein diets.

In a bank​ reconciliation, interest revenue earned on a chequing account would be deducted from the book balance.

true or false

Effective financial reporting depends on sound ethical behavior. Financial scandals in accounting and the businesses world have resulted in legislation to ensure adequate disclosures and honesty and integrity in financial reporting. A sound economy is contingent on truthful and reliable financial reporting.

Instructions:

Read the following scenario.

Answer the questions that follow. Your answers should result in a 2-3 page submission.

Reference back to your text book for guidance on how to think through the scenario.

Scenario:

Imagine you are the assistant controller in charge of general ledger accounting at Linbarger Company. Your company has a large loan from an insurance company. The loan agreement requires that the company’s cash account balance be maintained at $200,000 or more, as reported monthly. At June 30, the cash balance is $80,000. You give this update to Lisa Infante, the financial vice president. Lisa is nervous and instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Lisa says, “If we don’t get that cash balance over $200,000, we’ll default on our loan agreement. They could close us down, put us all out of our jobs!” Lisa continues, “I talked to Oconto Distributors (one of Linbarger’s largest customers) this morning. They said they sent us a check for $150,000 yesterday. We should receive it tomorrow. If we include just that one check in our cash balance, we’ll be in the clear. It’s in the mail!”

Questions

What is the accounting problem that the Linbarger Company faces?

What are the ethical considerations in this case? Provide rationale for why these are ethical considerations.

What are the negative impacts that can happen if you do not follow Lisa Infante’s instructions to wait one more day to post the balance?

Who will be negatively impacted if you do comply? Provide a rationale for why these individuals will be impacted.

What is one alternative that you could pursue in this scenario? Support your recommendations with information you learned in this class.

Who should get to decide when a person has the right to die? Discuss this topic and tell us if you have experience with a relative or friend who has passed away. Who made the final decisions? Would have changed anything if it were up to you? Who do you want to make decisions for you?

It is not uncommon to see that alumni often give back to their schools. The question is, what factors influence their gratitude and goodwill and play an important role in them deciding how much to contribute? A sample of some top universities has been analyzed to determine if there is a relationship between the Alumni Giving rate (percentage of alumni who give) and factors like Graduation rate (percentage), % of class Under 20, and Student / Faculty ratio. Run a regression model to determine the relationship.  Answer the following questions based on the Excel table.    

School   State     Graduation Rate   % of Classes Under 20   Student / Faculty Ratio   Alumni Giving Rate
Boston College   MA   85   39   13   25%
Brandeis University    MA   79   68   8   33%
Brown University   RI   93   60   8   40%
California Institute of Technology   CA   85   65   3   46%
Carnegie Mellon University   PA   75   67   10   28%
Case Western Reserve University   OH   72   52   8   31%
College of William and Mary   VA   89   45   12   27%
Columbia University   NY   90   69   7   31%
Cornell University   NY   91   72   13   35%
Dartmouth College   NH   94   61   10   53%
Duke University   NC   92   68   8   45%
Emory University   GA   84   65   7   37%
Georgetown University   DC   91   54   10   29%
Harvard University   MA   97   73   8   46%
John Hopkins University   MD   89   64   9   27%
Lehigh University   PA   81   55   11   40%
Massachusetts Inst. of Technology   MA   92   65   6   44%
New York University   NY   72   63   13   13%
Northwestern University   IL   90   66   8   30%
Pennsylvania State University   PA   80   32   19   21%
Princeton University   NJ   95   68   5   67%
Rice University   TX   92   62   8   40%
Stanford University   CA   92   69   7   34%
Tufts University   MA   87   67   9   29%
Tulane University   LA   72   56   12   17%
U. of California-Berleley   CA   83   58   17   18%
U. of California-Davis   CA   74   32   19   7%
U. of California-Irvine   CA   74   42   20   9%
U. of California-Los Angeles   CA   78   41   18   13%
U. of California-San Diego   CA   80   48   19   8%
U. of California-Santa Barbara   CA   70   45   20   12%
U. of Chicago   IL   84   65   4   36%
U. of Florida   FL   67   31   23   19%
U. of Illinois-Urbana Champaign   IL   77   29   15   23%
U. of Michigan-Ann Arbor   MI   83   51   15   13%
U. of North Carolina-Chapel Hill   NC   82   40   16   26%
U. of Notre Dame   IN   94   53   13   49%
U. of Pennsylvania   PA   90   65   7   41%
U. of Rochester   NY   76   63   10   23%
U. of Southern California   CA   70   53   13   22%
U. of Texas-Austin   TX   66   39   21   13%
U. of Virginia   VA   92   44   13   28%
U. of Washington   WA   70   37   12   12%
U. of Wisconsin-Madison   WI   73   37   13   13%
Vanderbuilt University   TN   82   68   9   31%
Wake Forest University   NC   82   59   11   38%
Washington University - St. Louis   MO   86   73   7   33%
Yale University   CT   94   77   7   50%
1.  Do you think this model is good?  That is, do you see an evidence of relationship? Pick the right option.  
2. What proportion of the variation in Alumni giving is explained by the three variables?
3. Suggest 2 variables (reasons) not in the table that can also be affecting the alumni giving rate.   
3. The coefficient for student / faculty ratio is negative in Excel output.  Give a reason as to why this is the case.  
5.  Find the alumni giving rate for Carnegie-Mellon from the table.  Compare this to your results in Q4.  What is the residual (error)?  

Question 1: You are working in a university as an IT specialist, and due to the pandemic, the university has decided to allow its employees to work from home. Your line manager has asked you to develop a security proposal that allows the university employees to work from home in a secure manner while using the public cloud/Internet. In this context, answer the following: a. What could go wrong if the university allows its lecturers to access student records from home using conventional, non-secure means? Discuss under the ambit of the three aims of security? b. What secure solution would you propose to your line manager? Define what it is along with its advantages directly in relation to the issues identified above. c. What additional training will your proposed solution require from an end-user perspective?