Assuming that a partnership normally has a calendar year-end, what should the tax year-end be in the following independent cases? ?

a. Jim, a 70 percent partner, sells his partnership interest to Fred on August 10.

b. On July 13, the partnership sells its office building and moves its business across town.

c. June buys a 15 percent interest in the partnership on May 14.

d. The partnership goes out of business on February 26.

Jonathan is a scientist for a local manufacturer that employs a large percentage of the small town where he lives. Until recently, Jonathan loved his job. However, it has been discovered that the company is releasing small amounts of toxins into the local river. Jonathan is extremely bothered by this information. Based on what you know about Jonathan, describe the cognitive dissonance that he is experiencing and two ways that Jonathan can alter his behavior or attitude to reduce the dissonance.

3. A small town has only one doctor. He charges a rich person twice as much as a poor person for a similar consultation.

a) How does this pricing policy relate to the price elasticity of demand? Are resources being used efficiently? Explain.

b) Suppose now that the doctor charges everyone the maximum price they would be willing to pay. What happens to consumer surplus? Will resources the allocated efficiently in this case? Explain and illustrate your answer with a graph

The City of Allentown is issuing a 30-year bond with a face value of $80,000,000 and a stated annual interest rate of 5 percent. The town will make interest payments twice a year.

1. Calculate the semiannual interest payment.

2. Calculate how much Allentown will receive from the bond offering under the following conditions:

a. Market interest rates remain unchanged at the time of the offering.

b. Market interest rates increase to 6 percent at the time of the offering

Svartalfheim manufactures forges. Brokkr&Sindri, maker of fine hammers, had decided to purchase new forges. Eitri, a representative of Svartalfheim, met with Thor, the president of Brokkr&Sindri, to describe the advantages of Svartalfheim’s new forges. Eitri also drew rough plans of the alterations that would be required in the Brokkr&Sindri manufacturing hall, Asgard, to accommodate the new forges, including additional floor space and new electrical installations, and left the plans with Thor.

On January 21, Thor received a letter signed by Loki, a member of Svartalfheim’s sales staff, offering to sell the required number of forges at a cost of $2.4 million. The offer contained provisions relating to the delivery schedule, warranties, and payment terms, but did not specify a particular mode of acceptance of the offer. Thor immediately decided to accept the offer, and telephoned Svartalfheim’s office. Loki was out of town, and Thor left the following message: “Looks good. I’m sold. Call me when you get back so we can discuss details.”

Thor next telephoned Nidavellir and rejected an outstanding offer by Nidavellir to sell forges to Brokkr&Sindri similar to those offered by Svartalfheim. Using the rough plans drawn by Eitri, Boss also directed that work begin on the necessary manufacturing hall renovations. By January 24, a wall had been demolished in the manufacturing hall and a contract had been signed for the new electrical installations.

On January 25, the President of the United States announced a ban on imports of foreign computerized heavy equipment. This removed from the American market a foreign manufacturer that had been the only competitor of Svartalfheim and Nidavellir. That afternoon, Thor received a telegram from Svartalfheim stating, “All outstanding offers are withdrawn.” In a subsequent telephone conversation, Loki told Thor that Svartalfheim would not deliver the forges for less than $2.9 million. A telephone call by Thor to Nidavellir revealed that Nidavellir’s entire output had been sold to another buyer.

Was Svartalfheim obligated to sell the forges to Brokkr&Sindri for $2.4 million? Discuss.

Assume Svartalfheim was so obligated. What are Brokkr&Sindri’s rights and remedies against Svartalfheim? Discuss

​A.  Is the reaction to the new phone associated with the sex of the​ customer? How strong is the​ association?

Since V = ? (What does V equal?) fill in blank, there is blank association between the two variables?

​(Round to two decimal places as​ needed.)

​B. How should the company use the information from this study when marketing its new​ product? answer choices below A-D

A.

Assuming that the reactions of the women sampled are representative of all​ women, the company should market toward women first since they had few unfavorable reactions.

B.

The company should market toward men first because more men participated in the survey.

C.

The company should market toward men first since they had a higher percentage of favorable reactions.

D.

Assuming that the reactions of the women sampled are representative of all​ women, the company should market toward women first since they had a higher percentage of favorable reactions.

​C. Can you think of an underlying lurking variable that might complicate the relationship shown​ here? Justify your answer.? Answer choices below A-D

A.

There are no lurking variables because the sex of the customer is the only variable that is associated with the reactions to the new phone.

B.

Variables such as the average age of the participants or the median income of the town where the mall is located are possible lurking variable because​ people's opinions may be related to the age or wealth.

C.

Variables such as the proportion that carry a​ phone, the time of​ day, or the day of the week are possible lurking variables because these may be associated with the sex of the customer and also with the reactions to the new phone.

D.

The mall where the data was gathered is the only significant lurking variable because it may have different types of customers than other malls.

. In the provided scenario, you address the time value of money also known as discounted cash flow analysis. This type of analysis is crucial to being able to viably analyze financial statements.

The start-up firm you founded is trying to save $10,000 in order to buy a parcel of land for a proposed small warehouse expansion. In order to do so, your finance manager is authorized to make deposits of $1250 per year into the company account that is paying 12% annual interest. The last deposit will be less than $1250 if less is needed to reach $10,000.

o How many years will it take to reach the $10,000 goal and how large will the last deposit be? Show your work.

Explain the work please.

In the provided scenario, you address the time value of money also known as discounted cash flow analysis. This type of analysis is crucial to being able to viably analyze financial statements.

The start-up firm you founded is trying to save $10,000 in order to buy a parcel of land for a proposed small warehouse expansion. In order to do so, your finance manager is authorized to make deposits of $1250 per year into the company account that is paying 12% annual interest. The last deposit will be less than $1250 if less is needed to reach $10,000.

o How many years will it take to reach the $10,000 goal and how large will the last deposit be? Show your work.

The table below shows a random sample of musicians and how they learned to play their instruments. Complete the empty cells of the table to answer the following questions.

1. What is the probability of randomly selecting a musician who is female?

2.What is the probability of randomly selecting a musician who is a male AND had private instruction?

3. What is the probability of randomly selecting a musician who is a female OR one that is self-taught? (Hint: be careful not to double-count individuals who meet both criteria)

4. True or False: The events of "being a female musician" and "learning music in school" are mutually exclusive.

5. The events "being a female musician" and "learning music in school" are independent events.