Blue Manufacturing purchased a machine on January 1, 2020 for use in its factory. Blue paid $458,000 for the machine and estimated that it had a useful life of 10 years, at the end of which time the machine was expected to have a residual value of $40,000. During its life, the machine was expected to produce 380,000 units. During 2020, the machine produced 41,800 units, and produced 58,600 in 2021. The machine was subject to a 20% CCA rate, and Blue’s year-end was December 31.

Calculate the annual depreciation amount for 2020 and 2021 under the straight-line method.

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Calculate the annual depreciation amount for 2020 and 2021 under the activity method. (Round per unit value to 2 decimal places e.g. 5.75 and final answers to 0 decimal places, e.g. 5,275.)

Calculate the annual depreciation amount for 2020 and 2021 under the double-declining balance method.

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Calculate the annual depreciation amount for 2020 and 2021 under the capital cost allowance method.

I can't get my calculations to work out for the last 2?

Essay Questions:

45.   First, write out the equilibrium conditions in the Goods and Services market and the Loanable Funds Market for a closed economy (i.e. the “supply equals demand” equations for each).

46.    As we’ve learned, a third market – the Labor Market – typically does not reach an equilibrium where supply of labor equals demand for labor. What do we call the “normal” unemployment rate that persists even when wages have [incompletely] adjusted

47.   Say that businesses in the economy collectively think that the markets in which they sell their goods will soon experience increasing demand. In the loanable funds market, (a) which curve(s) do you expect to be affected, and (b) which direction(s) would those curves shift?

48.   Say that the government reduces the taxes it collects as a percent of interest income.   In the loanable funds market, (a) which curve(s) do you expect to be affected, and (b) which direction(s) would those curves shift?

49.    Say that businesses and households suspect that the rate of inflation in the economy will be higher in the future. In the loanable funds market, (a) which curve(s) do you expect to be affected, and (b) which direction(s) would those curves shift?

50.   Name and briefly describe at least three determinants of an economy’s long-run level of output.

51.    What do we call this specific long run level of output?

52.   Say we have two economies with similar levels of technology, institutional quality, natural resources, physical capital stock, and human capital. Country A has a lower savings rate than Country B. Which country do you expect to grow (in terms of GDP per capita) faster?

53.   Say we have two economies with similar levels of technology, institutional quality, natural resources, human capital, and savings rates. Country A has a lower physical capital stock than Country B. Which country do you expect to grow (in terms of GDP per capita) faster?

Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1 year ending on the Monday that this course started. Do this by clicking on the blue dates after “Time Period”. Next, click the “Apply” button. Next, click the link on the right side of the page that says “Download Data” to save the file to your computer.

PLEASE USE DATES: March 16, 2019 - March 15, 2020.
If you use the correct dates the mean should be somewhere between 1200 and 1300. The standard deviation will be between 110 and 120. You should also have 252 rows in the downloaded spreadsheet. If your numbers fit those ranges you are doing it correct

This project will only use the Close values. Assume that the closing prices of the stock form a normally distributed data set. This means that you need to use Excel to find the mean and standard deviation. Then, use those numbers and the methods you learned in sections 6.1-6.3 of the course textbook for normal distributions to answer the questions. Do NOT count the number of data points.

Complete this portion of the assignment within a single Excel file. Show your work or explain how you obtained each of your answers. Answers with no work and no explanation will receive no credit.

1. a) Submit a copy of your dataset along with a file that contains your answers to all of the following questions.

b) What the mean and Standard Deviation (SD) of the Close column in your data set?

c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)

2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $1150? (5 points)
3. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (between 50 below and 50 above the mean) (5 points)
4. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $950 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points)
5. At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points)
6. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points)
7. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points)

There are also 5 points for miscellaneous items like correct date range, correct mean, correct SD, etc.

This is so hard! my class started 13 Jan 2020 ....Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1 year ending on the Monday that this course started. For example, if the current term started on April 1, 2018, then use April 1, 2017 – March 31, 2018. (Do NOT use these dates. Use the dates that match up with the current term.) Do this by clicking on the blue dates after “Time Period”. Next, click the “Apply” button. Next, click the link on the right side of the page that says “Download Data” to save the file to your computer. This project will only use the Close values. Assume that the closing prices of the stock form a normally distributed data set. This means that you need to use Excel to find the mean and standard deviation. Then, use those numbers and the methods you learned in sections 6.1-6.3 of the course textbook for normal distributions to answer the questions. Do NOT count the number of data points. Complete this portion of the assignment within a single Excel file. Show your work or explain how you obtained each of your answers. Answers with no work and no explanation will receive no credit. 1.a) Submit a copy of your dataset along with a file that contains your answers to all of the following questions. b) What the mean and Standard Deviation (SD) of the Close column in your data set? c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points) 2.If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $1150? (5 points) 3.If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (between 50 below and 50 above the mean) (5 points) 4.If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $950 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points) 5.At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points) 6.What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points) 7.Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points) There are also 5 points for miscellaneous items like correct date range, correct mean, correct SD, etc.

Problem #1: Power and temperature change

You are working with a group investigating biological mechanisms that determine a predisposition to obesity. Your assignment is to measure the rate that energy is output by certain types of cells when a nutrient is introduced. To begin this study, you have decided to use a calorimetric technique. A culture of cells with the appropriate nutrient is placed inside a closed container. That container is submerged in a water bath and you measure the rate that the temperature of the bath changes. To calibrate the apparatus, you decide to use a resistor connected across a known voltage as a power source. You know that the power output by the resistor is just the current through the resistor times the voltage across the resistor. You then will compare that power to the rate that the internal energy of the water bath changes by measuring its temperature as a function of time. To accomplish this calibration, you calculate the rate of temperature change as a function of the voltage across the resistor, the current through the resistor, the specific heat of the water, and the mass of the water. You know that even with good insulation, your apparatus will transfer some energy to the outside and your measurements will allow you to correct for this.

Equipment You have a constant voltage power supply, banana wires, alligator clips, a resistive heating apparatus, digital multimeters (DMMs), digital thermometer, and water containers.

Pre-lab: Warm-up and prediction Warmup: It is useful to have an organized problem-solving strategy. The following questions will help with your prediction and the analysis of your data. 1.Make a sketch of the situation. Identify and label the quantities you can measure or look up. Write down the general conservation of energy equation and decide how it will apply to this situation.

2.Identify your system. Decide on the initial time for which you want to calculate the energy of yoursystem and draw the system. Write down the expression for the energy of your system at that time. Decide on the final time for which you want to calculate the energy of your system and draw it. Write down the expression for the energy of your system at that time. Write down an expressionfor any energy transferred to or from your system. Identify the energy transfer on your drawing and whether the terms represent energy input or energy output for your system. 3.Write an equation that associates the change in energy of the liquid with its change in temperature. Write an equation that gives the rate that energy is output by the filament (power = voltage x current; both voltage and current are quantities that you can measure in this experiment).

4.Determine if any of the energy inputs into the systm are small enough to be neglected. Determine if any of the energy outputs from the system are small enough to be neglected. Write down the conservation of energy equation specifically for this situation.

5.Assuming that nothing but electricity transfers energy to or from your system, calculate the change in the temperature of the liquid between your initial and final times. Using this, write an expression that gives the change in temperature of the liquid as a function of time. Sketch a graph 37°C representing this function and write down how you can determine the power transferred from your system in other ways that you have neglected.

Problem #1: Power and temperature change

You are working with a group investigating biological mechanisms that determine a predisposition to obesity. Your assignment is to measure the rate that energy is output by certain types of cells when a nutrient is introduced. To begin this study, you have decided to use a calorimetric technique. A culture of cells with the appropriate nutrient is placed inside a closed container. That container is submerged in a water bath and you measure the rate that the temperature of the bath changes.

To calibrate the apparatus, you decide to use a resistor connected across a known voltage as a power source. You know that the power output by the resistor is just the current through the resistor times the voltage across the resistor. You then will compare that power to the rate that the internal energy of the water bath changes by measuring its temperature as a function of time. To accomplish this calibration, you calculate the rate of temperature change as a function of the voltage across the resistor, the current through the resistor, the specific heat of the water, and the mass of the water. You know that even with good insulation, your apparatus will transfer some energy to the outside and your measurements will allow you to correct for this.

Equipment: You have a constant voltage power supply, banana wires, alligator clips, a resistive heating apparatus, digital multimeters (DMMs), digital thermometer, and water containers.

Pre-lab: Warm-up and prediction Warmup: It is useful to have an organized problem-solving strategy. The following questions will help with your prediction and the analysis of your data. 1.Make a sketch of the situation. Identify and label the quantities you can measure or look up. Write down the general conservation of energy equation and decide how it will apply to this situation.

2.Identify your system. Decide on the initial time for which you want to calculate the energy of yoursystem and draw the system. Write down the expression for the energy of your system at that time. Decide on the final time for which you want to calculate the energy of your system and draw it. Write down the expression for the energy of your system at that time. Write down an expressionfor any energy transferred to or from your system. Identify the energy transfer on your drawing and whether the terms represent energy input or energy output for your system.

3.Write an equation that associates the change in energy of the liquid with its change in temperature. Write an equation that gives the rate that energy is output by the filament (power = voltage x current; both voltage and current are quantities that you can measure in this experiment).

4.Determine if any of the energy inputs into the systm are small enough to be neglected. Determine if any of the energy outputs from the system are small enough to be neglected. Write down the conservation of energy equation specifically for this situation.

5.Assuming that nothing but electricity transfers energy to or from your system, calculate the change in the temperature of the liquid between your initial and final times. Using this, write an expression that gives the change in temperature of the liquid as a function of time. Sketch a graph 37°C representing this function and write down how you can determine the power transferred from your system in other ways that you have neglected.

You are a stock analyst in charge of valuing high-technology firms, and you are expected to come out with buy-sell recommendations for your clients.  You are currently analyzing a firm called etalk.com that specializes in internet-based communication.  You are expecting explosive growth in this area.  However, the company is not currently profitable even though you believe it will be in the future.  Your projections are that the firm will pay no dividends for the next 3 years.  Four years from now, you expect the stock to pay its first dividend of

               $1 per share.  You expect dividends to increase at a rate of 20 percent per year for three years after that. At that point, the industry will start to mature and growth will slow down; dividends will continue to grow at a rate of 10 percent per year for the foreseeable future.

                        The stock is trading on the Stock Exchange for $20 per share. If you believe that the required rate of return is 14 percent, what is your estimate of the value of the stock?  Should you issue a recommendation to buy or to sell?  

A representative firm which only can survive for one period. It has the following technology.

Y=zF(K,N^d),

Where K is the given capital stock ( the representative firm owns K but no market value if the firm sells it), N^d is a labor demand by paying competitive market wage rate w, and z is total factor productivity (TFP). Let’s further assume the production functions be a continuous concave function. Without loss of generality, let’s assume the output good price equals to 1.

1 show the marginal product of labor MP_N , is a downward sloping curve respects to N^d

2. Write down the representative firm’s profit function and graphically determine or ( not both) mathematically prove the profit maximization condition. MP_N =w

3. Determine the labor demand curve and graph it. Suppose the representative firm experience a negative productivity shock. i.e. z decreases. Graph the “new” (after z changed) labor demand curve in the same graph.

The Wellington Plaza Hotel is located close to the main railway station in a large regional city. Its main client base is business people visiting the city for work-related purposes. The second-largest group of clients consists of groups of (mainly) women visiting the city for its great shopping. All major department stores have a presence in the city and there are a number of specialty shops and factory outlets. Another large group of clients are groups of (mainly) men visiting the city for various sports events, including several important hockey games during the winter. Occupancy rates have been reasonable but stagnant for several years, providing a steady but unsatisfactory rate of return for the owners of the hotel. Revenues have only been sufficient to cover operating costs. In an effort to increase the hotel’s profitability, a major renovation program was undertaken and completed earlier this year. The renovation was predicted to increase the relative attractiveness of the hotel to guests. It was also undertaken to earn additional revenue from the rent of a new coffee shop on the ground floor. The coffee shop is run by a separate company that has purchased a franchise of a major international brand. An economic slow down means business travel is down by 25 percent across the country. Further, discretionary retail spending is down by 40 percent. Several specialty shops in the city have already shut down and others are cutting their opening hours. In addition, the hockey series was won by the local team in four games (instead of the possible seven games). Thousands of visitors left the city early once the final game was over. Just before the hockey games began, the coffee-shop owners went bankrupt and closed down, breaking their lease. The hotel owners are seeking legal advice on whether they can claim penalty fees on the broken lease. Finally, the hotel owners’ bank is warning that the short-term financing obtained for the renovations will not be renewed when it is due (one month after year end). The hotel managers had expected to repay the debt from this year’s bookings and the coffee-shop lease. The hotel owners are still hopeful that the summer will bring a large increase in occupancy (and revenue) as the weather is expected to be nice. This expected summer trade is essential to meet repayments on the long-term debt and to convince the bank to extend the short-term debt. (a) New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is incorrect. Which of the following conditions in this case may cast doubt on the client’s ability to continue as a going concern? (There may be more than one correct answer)

A.Economic slowdown

B.Prolonged losses

C.Inability to renew short-term financing when it comes due

D.Supplier reluctance to provide goods on credit

E.Lower occupancy fees due to reduced demand from customers

F.Loss of rent from coffee shop with uncertainty about a new lease

G.Rapid growth with insufficient planning

H.Falling behind competitors

A firm can use two different production technologies, with capital and labor requirements at each level of output as follows:

                        Technology 1             Technology 2

Output             K         L                      K         L         

1                      12        2                      4          14                   

2                      14        6                      6          20                               

3                      18        10                    8          28                               

4                      24        14                    10        40                   

(a) In general, which technology is most desirable?

(b) Suppose the firm is operating in a low-wage country, where capital cost is $8 per unit and labor cost is $4 per worker. For each level of output, which technology is the cheapest? Show your work.

(b) Now suppose the firm is operating in a high-wage country, where capital cost is $4 per unit and labor cost is $8 per worker. For each level of output, which technology is the cheapest? Show your work.

(c) Suppose the firm moves from a high-wage to a low-wage country but that its level of output remains constant at 3 units. How will its total employment change? Explain