Seema stationers manufacture plastic files for office use. The break up of its cost and sales is as follows :

-Variable Cost Rs. 60 per file

• Fixed Cost Rs. 80,000 per annum

• Production Capacity : 4,000 files per annum

• Selling Price : Rs. 100 per file

Compute the following :

(a) Break even point.

(b) Number of files to be sold to earn a net profit of Rs. 20,000.

(c) If the firm manufactures and sells 500 files more per year with an additional fixed cost of Rs. 4,000, what should be the selling price to earn the same amount of profit as in (b) above ?

Suppose you enter into a short position in 6-month futures contract on 100 ounces of gold at a futures price of $1,863 per ounce. The initial required margin is $5,000. Two months after establishing the position, you notice that the futures price at the end of the trading day is now $1,844 per ounce. What is the rate of return in your account considering the initial deposit of $5,000 that you made? (Note: You are asked for a rate of return, not a dollar amount.) Express the rate of return in decimal format, rounded accurately to 4 decimal places (e.g., 10.67% should be expressed as 0.1067 and nothing else).

Logan also wants to make hamburgers for his party. To do this, he will need meat and bread. He has $100 to spend on food and the price of a meat patty is $5 and the price of one bread is $2. Each hamburger requires one meat patty and two breads such that his utility function is: U(M, B) = min{2M, B} Write out Logan’s maximization problem. What is the best feasible bundle of meat and bread?

I know someone else answered this but the steps werent clear to me. Please explain each step so I know how the answer was found.

1. Suppose we have the following supply and demand curves. QD = 500 − 2PD QS = 100 + 2PS

a) Determine the competitive equilibrium for this market.

b) Suppose that we impose a per unit tax of $50 on this market. Determine the following: 1. The price that sellers receive. 2. The price that consumers pay. 3. The number of units sold given the tax.

c) What is the share of the burden borne by consumers? What is the portion of the tax borne by sellers? Think the incidence formula.

d} Determine if the following statement is either True or False: The value of dead weight loss is equal to one-half the amount of tax revenue that is collected.

Cutting Edge Pharmaceuticals Pty Ltd (a monopoly firm) has the following demand (average revenue) function:

AR = 100 – Q
The marginal cost of production is given as constant and equal to $10.

a) What is the equation for the MR function? In showing this equation for the MR function explain the relationship between average revenue and marginal revenue. Determine the profit-maximizing level of output of the firm

b) What is the equilibrium monopoly price set by the firm and what will be the monopoly profit earned?

c) Illustrate the market demand and marginal cost, the average cost of this firm as well as, profit-maximizing price quantity and profit level on a diagram

41. A monopolist has a constant marginal and average cost of $10 and faces a demand curve of QD = 1000 – 10P.
Marginal revenue is given by MR = 100 – 1/5Q.
a. Calculate the monopolist’s profit-maximizing quantity, price, and profit.
b. Now suppose that the monopolist fears entry, but thinks that other firms could produce the product at a cost of $14
per unit (constant marginal and average cost) and that many firms could potentially enter. How could the monopolist
attempt to deter entry and what would the monopolist’s quantity and profit be now?
c. Should the monopolist try to deter entry by setting a limit price?

Flounder’s Agency sells an insurance policy offered by Capital Insurance Company for a commission of $86 on January 2, 2017. In addition, Flounder will receive an additional commission of $10 each year for as long as the policyholder does not cancel the policy. After selling the policy, Flounder does not have any remaining performance obligations. Based on Flounder’s significant experience with these types of policies, it estimates that policyholders on average renew the policy for 4.5 years. It has no evidence to suggest that previous policyholder behavior will change.

Determine the transaction price of the arrangement for Flounder, assuming 100 policies are sold.

Transaction Price. $13,100

Determine the revenue that Flounder will recognize in 2017.

Revenue ___________????

You are bullish on Apple Inc. shares which are currently trading at $100 per share. You have borrowed $50,000 to buy it on margin with an initial margin requirement of 50%. The maintenance margin is 30%. The interest rate on borrowed funds is 6% annually.

a. How much should you invest out of your own pocket to be able to buy it on margin? (6 pts)

b. How far can the stock price fall before you get a margin call? (8 pts)

c. If stock price increases by 15% during the next year, what is your rate of return? (6 pts)

PT Arya has several transactions with suppliers related to business operations, namely the sale of books and stationery. Keep a journal of the transaction!
1. PT Arya bought AC-coded books from PT Media Ilmu on credit for 100 units at a unit price of Rp150,000 FOB Shipping point, 3/10, n / 30. This price does not include Value Added Tax 10%
2. PT Arya bought stationery supplies worth Rp 40,000,000 by issuing notes with a term of 6 months and an interest rate of 8%. For this purchase, PT Arya pays Value Added Tax 10% to the supplier.

Use the following information to answer questions 16 and 17: You sell short 100 shares of Doggie Treats Inc. that are currently selling at $40 per share. You post the 50% margin required on the short sale. Your broker requires a 30% maintenance margin.

16) If the price falls to $30 short position in stocks and equity amounts are _______and_______, respectively.

a. $3,000, $4,000

b. $2,000, $4,000

c. $3,000, $3,000

d. $4,000, $2,000

17) You will get a margin call if the stock price raise to ________. Group of answer choices

a. $54.85

b. $51.85

c. $46.15

d. $49.75