Questions
Many employees do not like having a position dealing with numbers. However, the video this week...

Many employees do not like having a position dealing with numbers. However, the video this week is a good illustration of the connection between numbers (dollars!) and the relationship between a small business and the town in which it resides. Marty Doepke states that Pop's is the largest source of tax revenue for the very small town of Arcadia, Oklahoma. Speak on the importance of the accounting and finance functions of business. Be creative in your responses, but address the importance of having managers who appreciate this function, even if they are not strictly accounting/finance types. Tie your answer back to at least one principle you learned from this week's readings.

In: Economics

Question) Erika lives in a small town that is currently having a flu epidemic. Approximately 60%...

Question)

Erika lives in a small town that is currently having a flu epidemic. Approximately 60% of the 5000 residents have the flu. If the flu test is 95% accurate (for both sensitivity and specificity), create a table to show the results if all 5000 residents are tested.

How many of the 5000 test results are true positive?

QUESTION)

Erika lives in a small town that is currently having a flu epidemic. Approximately 60% of the 5000 residents have the flu. If the flu test is 95% accurate (for both sensitivity and specificity), create a table to show the results if all 5000 residents are tested.

How many of the 5000 test results are true negative?

QUESTION )

Erika lives in a small town that is currently having a flu epidemic. Approximately 60% of the 5000 residents have the flu. If the flu test is 95% accurate (for both sensitivity and specificity), create a table to show the results if all 5000 residents are tested.

If Erika tests positive for having the flu, what is the probability she actually has the flu?

Leave your answer in decimal form and round it to 4 decimal places.

QUESTION)

Erika lives in a small town that is currently having a flu epidemic. Approximately 60% of the 5000 residents have the flu. If the flu test is 95% accurate (for both sensitivity and specificity), create a table to show the results if all 5000 residents are tested.

If Erika tests negative for having the flu, what is the probability that she does, in fact, have the flu?

Leave your answer in decimal form and round it to 4 decimal places.

Please, show me your all works. Thanks.

In: Statistics and Probability

Party Town (PT) is holding a Halloween party and charging the guests an admission fee of...

Party Town (PT) is holding a Halloween party and charging the guests an admission fee of $20 per

person. PT has rented a banquet hall for $500 and the hall will accommodate up to 100 people. PT has

contracted with Cathy’s Catering to cater the party for $10 per person that attends (up to 100). The

party will occur on October 30, 2016 and is the only event scheduled for the quarter from October 1,

2022 to December 31, 2022 (fourth quarter of 2022).

Additional Information:

On October 1, 2022, PT’s balance sheet is expected to be as follows:

Cash $1,000

Party equipment $100

Bank loan $50

Equity, $1,050

The depreciation on the party equipment for the three months ended December 31, 2022 was expected

to be $5.

At the party, it is estimated that 90% of the guests will pay at the door in cash and 10% will pay on

January 30, 2023. The estimated party guests are 75.

Cathy’s Catering should be paid half their fee (Cathy requires the estimate to be the max of 100 people)

on October 1, 2022 and the balance will be paid on January 15, 2023.

The banquet hall should be paid in full on October 21, 2022.

Cash principal payments on the bank loan on December 31, 2022 will be $5. Interest on the loan will be

15% and will be paid in cash.

1: Party Town

Budgeted Income Statement for the Quarter Ended December 31, 2022

2: Party Town

Cash Flow Budget for the Quarter Ended December 31, 2022

3: Party Town

Balance Sheet Budget as of December 31, 2022

In: Accounting

1) Suppose that all five of the producers of readymix cement in the Denver area have...

1) Suppose that all five of the producers of readymix cement in the Denver area have entered into a cartel agreement, so that they are producing and pricing at the profit-maximizing monopoly level. a. How would a firm’s managers “cheat” on this agreement? b. Given that the four other competitors’ reactions are not instantaneous, can cheating be profitable?

2) In a small town, the managers of the three janitorial service firms have tacitly agreed to charge $150 per week for cleaning a standard-sized office. Each firm services 200 offices. The marginal cost and average total cost of cleaning an office are both $130. a. What is each firm’s economic profit? b. Suppose that a new office opens. Its owners tell the managers of one of the janitorial service firms that they will hire the janitorial service—but only if the price is $140 per week. Is this new contract profitable for this firm? If the janitorial service managers sign the contract, how would it affect the tacit collusion among the firms?

In: Economics

In Smalltown, Pennsylvania, the demand function for men’s haircuts is Qd=500−30p+0.08Y, where Qd is quantity demanded...

In Smalltown, Pennsylvania, the demand function for men’s haircuts is Qd=500−30p+0.08Y, where Qd is quantity demanded per month, p the price of a haircut, and Y the average monthly income in the town. The supply function for men’s haircuts is QS=100+20p−20w, where Qs is the quantity supplied and w the average hourly wage of barbers. If Y=5000 and w=10, use Excel to calculate quantity demanded and quantity supplied for p=5,10,15,20,25,30. Calculate the excess demand for each price (Note that an excess supply is negative excess demand.) Determine the equilibrium price and quantity. Use Excels charting tool to draw the demand and supply curves. Assume that Y increases to 6875 and and w increases to 15. Use Excel to recalculate quantity demanded for p=5,10,15,20,25,30. Determine the new equilibrium price and quantity. Use Excel to draw the new demand and supply curves. how can you explain the change in equilibrium?

In: Economics

Bayer is a large German pharmaceutical company that was founded in the 19th century. It is...

Bayer is a large German pharmaceutical company that was founded in the 19th century. It is perhaps best known as the company that introduced Aspirin.
It is the 1970s, and you are a consultant of the executives at Bayer, who are trying to decide what avenues of research to prioritize. The executives have recently learned about the discovery in Japan of a very potent antibacterial compound called norfloxacin. Bayer scientists claim that they have theories on how to substantially improve on the discovery by the Japanese scientists, to the point where the product they hope to develop would easily outsell norfloxacin and revolutionize the market for antibiotics. An antibiotic so effective would be lifechanging and lifesaving all over the world, as bacterial infections are painful, debilitating, and in many cases deadly. However, the decision is not so simple.
Putting a drug on the market involves substantial costs: the cost of the research to discover the compound (from millions to tens or hundreds of millions), the cost of clinical trials (each of three phases may be hundreds of millions), and the cost of regulatory approval (the FDA again charges millions as a fee for getting approval). Estimates of the average cost range from hundreds of millions to billions of dollars. The marginal cost of producing a drug, by contrast, is substantially lower.
Now, consider Bayer’s problem. Suppose that if it invests, the cost to get the drug from the scientists’ brains to FDA approval is $1 billion. However, once the drug is discovered and information about it published (as is required), other companies can easily produce it without incurring the $1 billion research and development (R&D) cost. These companies would still incur the marginal cost of production, but would effectively have no fixed costs.
1. Show the cost structure and break-even point of Bayer, including whatever curves are necessary to show this.
2. Bayer knows that an American company, Barr Pharmaceuticals, will likely produce a generic version of the drug as soon as Bayer’s results are released. On a second graph beside the Bayer graph, show the cost structure and break-even point of Barr Pharmaceuticals as compared to that of Bayer, including whatever curves are necessary to show this.
3. In addition to Barr Pharmaceuticals, there are many other potential entrants into the generic antibiotic market. What will the long-run price of the drug be, if this is the case? Show the location of the long-run price on your cost structure graph from the previous question.
4. From a business point of view, would you recommend Bayer to invest? Characterize the consumer and producer surpluses as a consequence of your recommendation.
This isn’t quite how the pharmaceutical market works in real-life. Bayer will actually be able to apply for a document that make it illegal for companies like Barr Pharmaceuticals to produce the drug—this document is a patent. With the ability to prevent Barr from producing, Bayer will effectively have a monopoly on the new antibiotic once it discovers it.
5. Return to your diagram of Bayer’s cost structure and add consumer demand. Assume that at least part of the demand curve lies above Bayer’s ATC curve. Indicate the range of prices/quantities for which Bayer can make a profit. (Add any other curves that are necessary to show this).
Given that the patent system exists, Bayer decides to go ahead with the research. Congratulations, your company has just discovered ciprofloxacin, 2 to 10 times as strong as norfloxacin, and one of the most widely prescribed antibiotics in the world!
6. Indicate the profit maximizing price/quantity for Bayer, and shade in the consumer and producer surpluses if Bayer maximizes its profit.
7. Shade in the deadweight loss.
8. Now, suppose Bayer sells the medicine directly to consumers and can charge a different price on every transaction it makes (this is called pure price discrimination). If it is able to do this, indicate the consumer surplus, producer surplus, and deadweight loss on your graph.

no more information

In: Economics

Q2 A concrete strip footing with a width of B is founded at the depth of...

Q2

A concrete strip footing with a width of B is founded at the depth of D, below the surface of a level site. The water table is at a depth of d below the base of footing. The soil at the site consists of clay having the following properties:

The unit weight = gt,   the undrained cohesion = cu, the undrained friction angle = fu, the drained cohesion = c′ and the drained friction angle = f

Use Hansen’s theory of bearing capacity to determine the allowable bearing pressure, which could be placed on the footing assuming a factor of safety of F for the following cases:

a) Immediately after loading the footing

b) Long time after loading the footing

Notes: The load is vertical. The ground and the base of footing are horizontal. D should be less than or equal to 2.5 B. The variable d can be positive (below the base), negative (above the base) or zero (at the base). Assume water level cannot be above the ground surface.

In: Civil Engineering

Please take time to view the video, “Was America Founded to Be Secular? “ as a...

Please take time to view the video, “Was America Founded to Be Secular? “ as a starting point for this discussion. Explicitly discuss the concepts of religious pluralism, civil religion, and discrimination as defined in the course material in your analysis, as well as information from the historical material you discovered in your research on the Internet. Please share your thoughts.

include sources

In: Psychology

Georgia Movie Company has a capital structure with 50.00% debt and 50.00% equity. The cost of...

Georgia Movie Company has a capital structure with 50.00% debt and 50.00% equity. The cost of debt for the firm is 9.00%, while the cost of equity is 12.00%. The tax rate facing the firm is 35.00%. The firm is considering opening a new theater chain in a local college town. The project is expected to cost $12.00 million to initiate in year 0. Georgia Movie expects cash flows in the first year to be $2.62 million, and it also expects cash flows from the movie operation to increase by 4.00% each year going forward. The company wants to examine the project over a 11.00-year period.

What is the WACC for this project?

What is the NPV of this project? (express answer in millions, so 1,000,000 would be 1.00)

In: Finance

The department has been approached by the school superintendent about starting a Fire and Life Safety...

The department has been approached by the school superintendent about starting a Fire and Life Safety Education Program for all grades, K-12. As the fire inspector, this project will fall under your responsibility. The superintendent has asked that you submit your program plan in writing so that it can be reviewed and discussed at the next school board meeting. If your plan is approved, the program will begin the next school year. However, there are budget constraints, and several members of the school board feel like there are more important areas and programs that need funding.

You are to create a plan for a Fire and Life Safety Education Program. Given the circumstances with some of the school board members, your plan should begin with a summary of a comprehensive overview of general fire safety for occupied buildings. You should also demonstrate rationale for the general fire safety provisions as methods of fire protection. Let them know how important this program is through the short-term and long-term benefits to students and to the community as a whole. Also, be sure to include the following:

  • goals for the program,
  • organization of grades (Will you group some grades?),
  • a broad outline of the topics to be taught,
  • broad details of any special events/activities, and
  • a plan to keep the program going, year after year. (Will certain grades be taught certain topics each year so that, as student progress, they learn new things?)

Your response must be at least two pages in length, in APA style. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying APA citations. The title and reference pages are not included in the page-count requirement.

In: Mechanical Engineering