You might have heard about Disney’s recent release of Mulan on its streaming platform Disney+.
Read this article and make TWO POSTS before as follows:
https://www.forbes.com/sites/enriquedans/2020/09/01/disney-takes-a-gamble-on-price-elasticity-withmulan/#5ee5936823d9
Post 1. What are the justifications for Disney to set the price for streaming of the movie at $30 on top of the Disney+ subscription fee $7? Explain in 50-100 words. This post will be assessed as an original contribution. There is no need to finish this post with a question.
Post 2. Do you think the price elasticity of demand for Mulan is elastic or inelastic? Discuss it in 100-150 words.
In: Economics
r supervisor has provided you with the following draft statement of income:
Smoking’ Hot Ltd.
Statement of Income
Year Ended October 31, 2020
|
Sales |
$76,445,500 |
|
Gain on sale of building |
975,000 |
|
77,420,500 |
|
|
Expenses |
|
|
Cost of goods sold |
48,542,900 |
|
Depreciation |
660,100 |
|
Interest |
93,200 |
|
Other operating |
313,700 |
|
Rent |
1,800,000 |
|
Salaries and wages |
8,452,900 |
|
59,862,800 |
|
|
Income before income taxes |
17,557,700 |
|
Income tax expense |
5,267,000 |
|
Net income |
$12,290,700 |
Your supervisor has asked you to INDICATE whether the statement of income was prepared in the single step or multiple step format AND BRIEFLY EXPLAIN how you made that determination .
In: Accounting
In: Economics
1. Solve the following questions.
a) Suppose Rosie's mum is considering purchasing a financial asset that promises to pay $2,500 per year for six years, with the first payment one year from now. The required return is 11% per year. How much should Rosie's mum pay for this asset?
b) For the year 2000, Coca-Cola Company, recorded net sales of $7,368 million. For 2010, Coca-Cola recorded net sales of $11,245 million. Over the ten-year period from the end of fiscal year 2000 to the end of 2010, What is the Coca-Cola's growth rate?
c) Leo is planning to purchase a home for $550,000 in Charleston, SC. He intends making a down payment of $50,000 and borrowing the remaining amount with a 30-year fixed rate mortgage with monthly payments. The first payment is due a month from now. The current mortgage rates are quoted at 4% per year with a monthly compounding. How much would Leo's monthly mortgage payment be?
d) Clementine is the lucky winner of the Georgia lottery of $50 million after taxes. He invests his winnings in a 10-year certificate of deposit (CD) at the Lawrenceville Credit Union. The CD promises to pay 6% per year, compounded quarterly. The credit union allows investors to reinvest the interest at that rate for the duration of the CD. How much will Clementine have at the end of ten years if his money remains invested at 6% for ten years with no withdrawals?
e) Caillou is interested in determining how long it will take an investment of $20,000 to double. The current interest rate is an interest rate of 10%?
In: Finance
Fields Laboratories holds a valuable patent (No. 758-6002-1A) on a precipitator that prevents certain types of air pollution. Fields does not manufacture or sell the products and processes it develops. Instead, it conducts research and develops products and processes which it patents, and then assigns the patents to manufacturers on a royalty basis. Occasionally it sells a patent. The history of Fields patent number 758-6002-1A is as follows. Date Activity Cost 2008–2009 Research conducted to develop precipitator $382,000 Jan. 2010 Design and construction of a prototype 85,400 March 2010 Testing of models 57,400 Jan. 2011 Fees paid engineers and lawyers to prepare patent application; patent granted June 30, 2011 66,300 Nov. 2012 Engineering activity necessary to advance the design of the precipitator to the manufacturing stage 95,000 Dec. 2013 Legal fees paid to successfully defend precipitator patent 57,400 April 2014 Research aimed at modifying the design of the patented precipitator 58,400 July 2018 Legal fees paid in unsuccessful patent infringement suit against a competitor 36,000 Fields assumed a useful life of 17 years when it received the initial precipitator patent. On January 1, 2016, it revised its useful life estimate downward to 5 remaining years. Amortization is computed for a full year if the cost is incurred prior to July 1, and no amortization for the year if the cost is incurred after June 30. The company’s year ends December 31. Compute the carrying value of patent No. 758-6002-1A on each of the following dates: (a) December 31, 2011 $ (b) December 31, 2015 $ (c) December 31, 2018 $
In: Accounting
In the blank to the left of each question, fill in the letter from the following list which best describes the presentation of the item on the financial statements of Helton Corporation for 2018.
W. Change in accounting principle
X. Change in accounting estimate
Y. Correction of an error
Z. None of these choices
_____ 1. Raiders manufacture heavy equipment to customer specifications on a contract basis. On the basis that it is preferable, accounting for these long term contracts was switched from the completed-contract method to the percentage-of-completion method.
________2. As a result of a production breakthrough, Raiders Co. determined that manufacturing equipment previously depreciated over fifteen years should be depreciated over twenty years.
------------3. Raiders changed from LIFO to FIFO to account for its finished goods inventory.
--------4. During 2011, Raiders determined that an insurance premium paid and entirely expensed in 2010 was for the period January 1, 2010, through January 1, 2012.
----------5. In 2018, the company changed its method of depreciating plant assets from the double-declining balance method to the straight-line method.
-------- 6. During 2018, a long-term bond with a carrying value of $4,600,000 was retired at a cost of $4,900,000.
---------- 7. After negotiations with the IRS, income taxes for 2016 were established at $45,900. They were originally estimated to be $38,900.
---------- 8. In 2018, the company incurred interest expense of $39,000 on a 20-year bond issue.
--------- 9. In computing the depreciation in 2016 for equipment, an error was made which overstated income in that year $70,000. The error was discovered in 2018.
---------- 10. In 2018, the company changed its estimate of bad debt expense from 3% to 4%.
In: Accounting
Ellis Company issues 8.5%, five-year bonds dated January 1,
2019, with a $420,000 par value. The bonds pay interest on June 30
and December 31 and are issued at a price of $464,786. The annual
market rate is 6% on the issue date.
Required:
1. Compute the total bond interest expense over
the bonds' life.
2. Prepare an effective interest amortization
table for the bonds’ life.
3. Prepare the journal entries to record the first two interest payments.
Complete this question by entering your answers in the tabs below.
Compute the total bond interest expense over the bonds' life.
|
|||||||||||||||||||||||||||||
Prepare an effective interest amortization table for the bonds’ life.
|
Note: Enter debits before credits.
|
Note: Enter debits before credits.
|
In: Accounting
Suppose you put positive charge on an insulated metal box
(actually, remove electrons from the box). Since it is a conductor,
the charges will rearrange.
- The greatest accumulation of charges will be
- The electric field inside the box will be
2. Suppose identical metal spheres are insulated from their
surroundings and touching each other. A positive charge is brought
near,
but not touching
sphere A, and held near to sphere A as the two spheres are
separated. Now, the positive charge is removed. What charge will be
left on sphere A and sphere B, respectively?
In: Physics
A giant "egg" explodes as part of a fireworks display. The egg is at rest before the explosion, and after the explosion, it breaks into two pieces, with piece B moving in the positive x direction. The masses of both pieces are indicated in (Figure 1), shown traveling in opposite directions.

What is the magnitude of the momentum |p⃗ A,i| of piece A before the explosion?
During the explosion, is the magnitude of the force of piece A on piece B greater than, less than, or equal to the magnitude of the force of piece B on piece A?
In: Physics
Difference(After treatment lab scores - Before treatment lab scores) = 1)-0,8 2)-5,7 3)-0,3 4)0,2 5)-2,2 6)-0,9 7)-1,1 8)0,2 9)-0,4 10)1,1 11)-1,2 12)-8,3 13)-0,5 14)1,6 15)-4,4 16)-3,1 17)1,1 18)-3,1 19)-2,2 20)-0,9 21)-0,4 22)1,1 23)-0,8 24)-5,7 25)-0,4 26)-1,0 27)-6,9 28)-0,4 29)1,3 30)-3,7 31)-2,7 32)1,3 33)-3,7 34)-3,7 35)-2,7 36)-1,1 37)0,2 38)-0,4 39)-3,7 40)-2,4 41)0,2 42)-1,0 43)0,1 44)-0,5 45)-3,3 46)-2,2 47)-3,8 48)0,4
This is the dataset of the difference between after treatment lab scores and before treatment lab scores. alfa(significance level) is 0,05.
question ) You suspect that the treatment has decreased their
lab scores. Conduct a hypothesis test
to see if the lab score has decreased significantly. (minus means
it is decreased)
In: Statistics and Probability