Questions
Suppose that consumer​ (retail) demand for a product is given​ by: Q=100−P​, where Q is the...

Suppose that consumer​ (retail) demand for a product is given​ by:

Q=100P​,

where Q is the quantity demanded and P is the price. The inverse demand curve​ (which gives the price as a function of the quantity​ demanded) is:

P=100Q.

The marginal cost of production and average total cost of production are $26 per​ unit, and the marginal cost of distribution and average total cost of distribution are ​$10 per unit.

Suppose the retail distribution is monopolized by another firm.

The​ profit-maximizing wholesale price will be__?

and the​ profit-maximizing output will be__units?

The​ producer's profit will be__?

The retail quantity will be__units

and the retail price will be__?

The profit of the monopoly retailer will be__?

Should you vertically​ integrate? Which of the following statements explains your​ answer?

A.​No, you should not integrate because your​ pre-merger combined profit is

​$512

while your​ post-merger profit is

​$256.

B.​Yes, you should integrate because your​ pre-merger combined profit is

​$512

while your​ post-merger profit is

​$768.

C.​Yes, you should integrate because your​ pre-merger combined profit is

​$768

while your​ post-merger profit is

​$1,024.

D.​No, you should not integrate because your​ pre-merger combined profit is

​$768

while your​ post-merger profit is

​$256.

In: Economics

The goal is to reduce the size of the render method's return expression (and perhaps the...

The goal is to reduce the size of the render method's return expression (and perhaps the render method itself) by moving some of the JSX expressions into separate blocks of code. You should use descriptive names for your JavaScript variables or functions.

import React, { Component } from 'react';
import styles from './App.module.scss';

function formatPrice(price) {
const dollars = Math.floor(price / 100)
let cents = `${price % 100}`.padEnd(2, '0')
return `$${dollars}.${cents}`
}

class App extends Component {

render() {
const { cart } = this.props;

return (
<section className={styles.App}>
<h1>Shopping Cart</h1>
<div className={styles['product-list']}>
<>
<div className={styles.product + ' ' + styles.header}>
<h3>Item</h3>
<h3>Description</h3>
<h3>Quantity</h3>
<h3>Price</h3>
<h3>Total</h3>
</div>
{
cart.map(item => (
<div key={item.id} className={styles.product}>
<p>{item.name}</p>
<p>{item.description}</p>
<p>{item.quantity}</p>
<p>{formatPrice(item.price)}</p>
<p>{formatPrice(item.quantity * item.price)}</p>
</div>
))
}
<hr />
<div className={styles.product + ' ' + styles.header}>
<p></p>
<p></p>
<p></p>
<h3>Total</h3>
<h3 style={{ color: "black"}}>
{formatPrice(cart.reduce((total, item) => total + item.quantity * item.price, 0))}
</h3>
</div>
</>
</div>
</section>
);
}
}

export default App;

In: Computer Science

Use the following information to answer questions 23 to 30. In order to ascertain clarity on...

Use the following information to answer questions 23 to 30. In order to ascertain clarity on how much cash Musa (Pty) Ltd needs each month, complete the cash budget using the information below. Sales (in rand) are as follows:

:June

July

August

September

October

November

950 000

1 100 000

1 300 000

1 450 000

1 600 000

1 850 000

Of the company’s sales, 40% are done in cash. Credit sales are collected as follows: 

40% during the month of sale 

20% during the first month following the month of sale 

20% during the second month following the month of sale 

20% during the third month following the month of sale

Purchases are as follows:

June

July

August

September

October

November

530 000

600 000

300 000

715 000

880 000

1 000 000

All purchases are on credit and are paid as follows: 

40% during the month of purchase 

30% during the first month following the month of purchase 

15% during the second month following the month of purchase 

15% during the third month following the month of purchase

Other information 

Salaries and wages of R100 000 are paid monthly 

Rent of R50 000 on a monthly basis 

Interest on debt of R4 000 each month

Major maintenance on machines and plant amounting to R1 500 000 in October was undertaken. 

Depreciation costs of R20 000 is charged on a monthly basis 

At the beginning of September, the business will have R50 000 in cash 

The management of the company has a policy of maintaining R50 00 minimum cash balance.

Requirements:

Compile the cash budget for Musa (Pty) Ltd for the months of September, October and November. Also indicate the financing needed to maintain the minimum cash balance and meet the operational requirements.

Question 23

Calculate the total credit sales collected for October.

1. R846 000

2. R896 000

3. R950 000

4. R986 000

Question 24

Calculate the opening balance for October.

1. R430 000

2. R585 800

3. R680 500

4. R720 200

Question 25

Calculate the total credit purchases collected for September.

1. R360 000

2. R460 000

3. R520 500

4. R545 500

Question 26

Calculate the total credit sales collected for November.

1. R566 000

2. R700 000

3. R966 000

4. R975 000

Question 27

Calculate the financing required for October.

1. R239 000

2. R397 500

3. R405 000

4. R515 000

Question 28

Calculate the financing required for November.

1. R154 000

2. R297 500

3. R496 750

4. R515 000

Question 29 Calculate the cash sales for September. 1. R340 000 2. R580 000 3. R650 000 4. R700 000 .

Question 30 Calculate the credit purchases for June that were collected in September. 1. R114 000 2. R140 000 3. R160 000 4. R170 000

In: Finance

Two semiconductor factories are being compared to see if there is a difference in the average...

Two semiconductor factories are being compared to see if there is a difference in the average defect rates of the chips they produce. In the first factory, 250 chips are sampled. In the second factory, 350 chips are sampled. The proportions of defective chips are 4.0% and 6.0%, respectively.

Using a confidence level of 95%, which of the following statements is supported by the data?

Group of answer choices

There is not sufficient evidence to show a significant difference in the average defect rates of the two factories.

There is a significant difference in the average defect rates of the two factories.

The first factory's average defect rate is lower than the second factory's on 95 out of 100 days of operation.

None of the above.

In: Statistics and Probability

ANACOND is a construction company that is thought of creating a new residential block. Noted that...

ANACOND is a construction company that is
thought of creating a new residential block. Noted that
the initial investment to buy land and build buildings is
amounting to 55 billion. If the project is successful, net income results
at the end of the first year amounted to 100 billion and nothing
again afterwards. If this project fails, then net income results
to be obtained is 20 billion at the end of the first year and 20
billion at the end of the second year. The annual effective interest is 15%. If
ANACOND immediately carried out the construction process (they took
bill of this project), then the project's chance of success is 50%. Dap-
Attention:
(a) NPV of this project.

(b) IRR if the project is unsuccessful.

In: Finance

Your​ start-up company needs capital. Right​ now, you own 100% of the firm with 10.4 million...

Your​ start-up company needs capital. Right​ now, you own 100% of the firm with 10.4 million shares. You have received two offers from venture capitalists. The first offers to invest $2.97 million for 1.05 million new shares. The second offers  $1.97 million for 461,000 new shares.

a. What is the first​ offer's post-money valuation of the​ firm?

b. What is the second​ offer's post-money valuation of the​ firm?

c. What is the difference in the percentage dilution caused by each​ offer?

d. What is the dilution per dollar invested for each​ offer?

​(Round to the nearest​ dollar.)

In: Finance

Steam at 4800 lbf/ in.2, 1000°F enters the first stage of a supercritical reheat cycle including...

Steam at 4800 lbf/ in.2, 1000°F enters the first stage of a supercritical reheat cycle including two turbine stages. The steam exiting the first-stage turbine at 600 lbf /in.2 is reheated at constant pressure to 1000°F. Each turbine stage and the pump has an isentropic efficiency of 91%. The condenser pressure is 1 lbf/ in.2 If the net power output of the cycle is 100 MW, determine

(a) the rate of heat transfer to the working fluid passing through the steam generator, in MW.
(b) the rate of heat transfer from the working fluid passing through the condenser, in MW.
(c) the cycle thermal efficiency.

In: Mechanical Engineering

You take out a mortgage loan from First Bank of Terlingua with the following characteristics: -compounding...

You take out a mortgage loan from First Bank of Terlingua with the following characteristics:

-compounding period is monthly

-loan is for $200,000

-APR = 3.91%

-initial maturity is 30 years

-this mortgage loan has no points

Now suppose that First Bank allows you to accelerate your loan payments by paying an additional $100 each month. (We assume that the bank does not charge a fee for exercising this option.) When we take the acceleration into account, what is your effective annual rate?

Do not round at intermediate steps in your calculation. Report the rate in percent to three decimal places. Do not type the % symbol.

In: Finance

Consider a GNMA mortgage pool with principal of $20 million. The maturity is 30 years with...

Consider a GNMA mortgage pool with principal of $20 million. The maturity is 30 years with a monthly mortgage payment of 10 percent per year. Assume no prepayments. (LG 24-4)
A) What is the monthly mortgage payment (100 percent amortizing) on the pool of mortgages?
B) If the GNMA insurance fee is 6 basis points and the servicing fee is 44 basis points, what is the yield on the GNMA pass-through?
C) What is the monthly payment on the GNMA in part (b)?
D) Calculate the first monthly servicing fee paid to the originating FIs.
E) Calculate the first monthly insurance fee paid to GNMA.

In: Finance

1. Suppose you just won the state lottery, and you have a choice between receiving $2,550,000...

1. Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.

2. Your girlfriend just won the Florida lottery. She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What rate of return is built into the annuity?

3. How much would $100, growing at 5% per year, be worth after 75 years?

In: Finance