1. The function of demand of a company is the following: P= 1200-2Q2 It has the following functions of fixed and variable costs: CF= 2000 CV= Q3 -(245/4)Q2 +(3057/2)Q Find: a) Quantity and price that maximize the earnings. b) Value of the profits
In: Economics
you are given the following time line year 1 +2,000 year 2 +2,000 year 3 +2000 year 4 +500 year 5 +500 year 6 +500 what is the value of the cash flow stream today if the discount rate is 16%?
In: Finance
Watch 'The Big Short movie' and answer this question: What was in the backgroud of the financial and economic crisis in 2007?
Please indicate and describe in details 3 new major financial concept that you discovered via this movie. The ‘01_Homework’ has to be minimum 2000 characteres. There is no other formal
In: Finance
With the federalization of many offenses and increased Bureau of Prisons (BOP) responsibility for housing District of Columbia and immigration offenders, the BOP has grown every year from 2000 to 2013, when it peaked at 219,298. What factors influenced the continued significant growth of the BOP into the 2000s?
In: Statistics and Probability
I want a presentation report (2000-2300 words) on the topic- "Fixed exchange rates and implications for global trade". It should include analysis and discussions. The most important - your point of view must be augmented. ! please note - the report must be at least 2300 words.
In: Economics
In psychology, why would it be necessary (or encouraged) to look at original or classical papers and reports and not just rely on later research, especially regarding on a 2000 paper by Macmillian about Phinneas Gage; what good or bad about Macmillian's article? Please provide a few reasons.
In: Psychology
Stahn Inc., an oil production company, purchased a machine on January 1, 2018. The following information applies:
|
Cost |
Estimated useful life |
Residual value |
|||
|
$40,000 |
3 years |
$4,000 |
The year-end of the company is December 31.
Required:
|
1. |
Calculate the depreciation expense and the carrying amount at year-end for the three-year period using the straight-line and double-declining balance methods. |
|
2. |
Assume depreciation has been recorded using the double-declining balance method. The machine is obsolete at the end of two years and must be sold, even though the president believes that it could have been used for one more year. He also thinks that too little depreciation expense has been charged against income during the two years and that the company has therefore issued inaccurate financial statements. Do you agree? Why or why not? |
Problem 4
Crystal Clear Electronics Inc. was incorporated on January 1, 2018 and was authorized under its charter to issue the following shares — 20,000 non-cumulative, non-voting, preferred shares paying $.50 dividend per share each year, and an unlimited number of no par-value, voting common shares.
Required:
For each of the following events that took place in 2018, indicate the dollar value impact on each component of the accounting equation: an increase +, a decrease -, no effect x
|
|
|
Shareholders’ Equity |
||
|
1. |
Preferred shares issued for cash |
|||
|
2. |
Declared a cash dividend |
|||
|
3. |
Preferred shares issued for land |
|||
|
4. |
Calculated book value of common shares |
|||
|
5. |
Paid cash dividend related to item 2 above |
|||
|
6. |
2 for 1 split on common shares |
Problem 5
The comparative statements of financial position for Sors Limited at December 31 are as follows:
Sors Limited
Statement of Financial Position
At December 31, 2019
|
2019 |
2018 |
|
|
Assets |
||
|
Cash |
$ 6,000 |
$ 7,000 |
|
Accounts receivable |
3,000 |
4,500 |
|
Merchandise inventory |
12,000 |
11,000 |
|
Land |
23,000 |
10,000 |
|
Equipment |
40,000 |
30,000 |
|
Accumulated depreciation |
(9,000) |
(8,000) |
|
$75,000 |
$54,500 |
|
|
Liabilities and Shareholders’ Equity |
||
|
Accounts payable |
$ 6,000 |
$ 7,000 |
|
Non-current borrowings, due in one year |
7,000 |
6,000 |
|
Non-current borrowings |
9,000 |
16,000 |
|
Common shares |
8,000 |
3,000 |
|
Retained earnings |
45,000 |
22,500 |
|
$75,000 |
$54,500 |
The following is additional information for 2019:
|
a. |
Net income for the year was $27,500. There were no income taxes. |
|
b. |
No land was sold. |
|
c. |
Equipment was purchased for $20,000 in exchange for common shares value at $5,000 + $15,000 cash. |
|
d. |
Equipment costing $10,000 was sold for $12,000 cash. A $4,000 gain was reported in net income. |
|
e. |
Cash dividends of $5,000 were declared and paid. |
|
f. |
Depreciation expense of $3,000 was included in the net income figure. |
Required:
Prepare the cash flow from operating activities section.
Problem 6
A corporation began the month with $200,000 of current assets and the following ratios:
|
Current ratio |
2.5 to 1 |
|
Acid-test ratio |
1.25 to 1 |
Required:
Review the following transactions and indicate the effect they have on the current ratio by placing an X in the appropriate column. Treat each transaction independently. Do not recalculate the current ratio.
|
Increase |
Decrease |
No Effect |
||
|
a. |
Bought $20,000 of merchandise on account; the company uses a perpetual inventory system. |
|||
|
b. |
Sold for $10,000 cash merchandise that cost $5,000. |
|||
|
c. |
Collected $2,500 of accounts receivable. |
|||
|
d. |
Paid $10,000 of accounts payable. |
|||
|
e. |
Wrote off a $1,500 bad debt against the allowance for doubtful accounts. |
|||
|
f. |
Declared a $1-per-share cash dividend on the 10,000 common shares that were outstanding. |
|||
|
g. |
Paid the dividend declared in part f. |
|||
|
h. |
Borrowed $10,000 from a bank assuming a 60-day, 10% loan. |
|||
|
i. |
Borrowed $25,000 from a bank by taking out a 10-year mortgage on the plant. |
|||
|
j. |
Used the $25,000 proceeds from the mortgage to buy additional machinery. |
Problem 7
In Group Project 1, you did a comparative financial analysis for two different companies. Select one of those companies and address the following three requirements:
|
1. |
Describe the company’s overall strategy. |
|
2. |
Prepare a Strategy Map for this company that flows from your response to part 1. The Strategy Map must show specific cause-and-effect relationships among the objectives. You should identify at least two objectives for each of the four perspectives. |
|
3. |
Prepare a Balanced Scorecard for this company which flows from your responses to parts 1 and 2. The Balanced Scorecard must contain the objectives from the strategy map, and provide two performance measures for each objective. |
Problem 8
Brenda’s Brakes manufactures three different product lines, Models X, Y, and Z. The following per unit data apply:
Model X Model Y Model Z
Selling price $50 $60 $70
Direct materials 6 6 6
Direct labour ($12 per hour) 12 18 24
Variable support costs ($4 per machine hour) 4 6 8
Fixed costs 10 10 10
In: Accounting
What's wrong with this way of thinking? "Economists argue that lower prices will result in fewer units being supplied. However, there are exceptions to this rule. For example, in 1972 a very simple ten-digit electronic calculator sold for $120.00. By 2000, the price of the same type of calculators had declined to less than $5.00. Yet business firms produced and sold many more calculators in 2000 than they did in 1972. Lower prices did not result in less production or in a decline in the number of calculators supplied.
a) can a consumer have a demand curve with a positive slope if its only objectives is to maximize his her utility? Why or why not? Could you please explain.
b) can producer (firm) have a supply curve with a negative slope if its objective is to maximize its profit? Why or why not? Could you please explain.
In: Economics
Information for Questions 26 -29: The General Social Survey is an ongoing nationwide survey done by the National Opinion Research Center at the University of Chicago. One question asks whether a respondent favors or opposes capital punishment (death penalty) for persons convicted of murder. In the year 2000 24% of the respondents said they were opposed to the death penalty for convicted murders. Let's assume that this is a good representation of how the U.S. population felt back in the year 2000. In a recent study (2019) 701 of the 2565 respondents said that they were opposed to the death penalty for convicted murders
Calculate the test statistic and the p-value.
| a. |
z = 3.95, p-value is approximately 0 |
|
| b. |
z = 4.75, p-value is approximately 0 |
|
| c. |
z =.1.645, p-value = 0.05 |
|
| d. |
z = 3.25, p-value = 0.005 |
|
| e. |
z = 1.96, p-value = 0.025 |
In: Statistics and Probability
Here are the figures for the loyalty of imperial soldiers on the
Death Star: 210 stormtroopers are traitors, 2000 stormtroopers are
loyal, 350 imperial officers are traitors, <$eqn ol> imperial
officers are loyal.
| traitors | loyal | |
| stormtroopers | 210 | 2000 |
| officers | 350 | 1240 |
Round all answers to the nearest tenth (one place after the
decimal).
What percentage of stormtroopers are traitors?
What percentage of stormtroopers are loyal?
What percentage of imperial officers are
traitors?
What percentage of imperial officers are loyal?
What percentage of traitors are stormtroopers?
What percentage of loyalists are stormtroopers?
What percentage of traitors are imperial
officers?
What percentage of loyalists are imperial
officers?
What percentage of people on the Death Star are
stormtroopers?
What percentage of people on the Death Star are imperial
officers?
What percentage of people on the Death Star are
traitors?
What percentage of people on the Death Star are
loyal?
In: Statistics and Probability