Ten cavemen with a remaining average life expectancy of 10 years use a path from their cave to a spring some distance away. The path is not easily traveled due to 100 large stones that could be removed. The annual benefit to each individual if the stones were removed is $9.00. Each stone can be removed at a cost of $2.25. The interest rate is 2 %

Compute the benefit/cost ratio for the individual if he alone removed the 100 stones.

1. 2. Top Gun Marketing, Inc., offers overhead banner fly-by promotion services using their Cessna aircraft and banner creation facilities. The Padres Island firm specializes in restaurant promotion via fly-bys at outdoor events and other high traffic centers, where each 10 minute increment of advertising costs $300. Over the past year, the following relation between fly-by advertising and incremental restaurant guests per month has been observed:

Sales (units) = 5,200 + 50A - 0.5A²

Here A represents a 10-minute fly-by advertisement, and sales are measured in numbers of restaurant guests.

Pete Mitchel, manager for the Padres Island firm, has been asked to recommend an appropriate level of advertising. In thinking about this problem, Mitchel noted its resemblance to the optimal resource employment problem he had studied in a managerial economics course that was part of his MBA program. The advertising-sales relation could be thought of as a production function with advertising as an input and sales as the output. The problem is to determine the profit-maximizing level of employment for the input, advertising, in this "production" system. Mitchel recognized that to solve the problem he needed a measure of output value. After consultation with the restaurant, he determined that the value of output is $10 per guest, the net marginal revenue earned by the client (price minus all marginal costs except fly-by advertising).

Discussion

Let us assume this gift shop volume is growing, therefore, you have a decision to make:

• Should I corporate the company?
• Should I begin a chain stores?
• Should I a part of franchise company?
• Or, Should I stay an incorporate company?

Write a brief description of the above options. What option do you prefer your store to follow?

Your discussion should be minimum 400 words.

Determine whether the following individual events are independent or dependent. Then find the probability of the combined event.

Randomly selecting a four- person committee consisting entirely of Canadians from a pool of 18 Americans and 8 Canadians.

1.)The event of selecting Canadian and the event of selecting a Canadian are a independent or dependent

- The probability of randomly selecting a ​four-person committee consisting entirely of Canadians from a pool of 18 Americans and 8 Canadians is what? ​(Round to four decimal places as​ needed.)

2.) Use the definitions given in the text to find both the odds for and the odds against the following event.

-Flipping 4 fair coins and getting 0 heads.

The odds for getting 0 heads are what to what.​(Type a whole​ number.)

The odds against getting 0 heads are what to what. (Type a whole number)

3,) Determine whether the following individual events are independent or dependent. Then find the probability of the combined event.

Rolling two 4s followed by one 5 on three tosses of a fair die. Choose the correct answer below.​(Type an integer or a simplified​ fraction.)

- The individual events are independent. The probability of the combined event is what?

- The individual events are dependent. The probability of the combined event is what?

You have just been promoted to the position of a Project Manager for a mega construction company with project sites across the Provinces in Canada. How would you describe to your team members the impact of governance on managing an individual project and why is the approach important to today’s business environment?

Select a company and answer the following questions about the company.

1) Explain the communication style, the positive and negative behaviors exhibited by the employees or managers of the company.

2) When a conflict or problem occurs, how do they resolve it? Include an example,

3) Depending on the reading, it can improve individual performance and eliminate dysfunctional behaviors.

4) Explain the different types of diversity and barriers to inclusion.

5) Explain what ethics, social responsibility, and corporate governance mean. What is its importance in the company? Include examples when responding, in addition to their definitions and applications

You are an accountant of GSM company ltd., a clothing store. After you have prepared the financial statements as at December 2011, you noticed the following items occurring before accounts are approved by the directors: The sale of Tshs.1,000,000 was made during the period from 31stDecember 2011 to the date the statements are approved by the directors. The purchase of Tshs.750,800 was done during the period from 31stDecember 2011 to the date the statements are approved by the directors. Expenses amounting to Tshs.180,000 was incurred during the period from 31stDecember 2011 to the date the statements are approved by the directors. A notification is received that a customer who owes the company Tshs.3,700,000 has been declared bankrupt on 17thJanuary 2012. A fire on 4thJanuary 2012 destroys all the inventories in the warehouse. A letter is received from the insurance company stating that it is unclear whether our company was actually insured for the loss of inventories in the warehouse. Which of the above items are relevant for adjusting and non-adjusting events?

6.         Evaluate the following:

a.         "The major advantage to outsourcing is that it reduces the company's capital costs, freeing the company to use scarce capital for other purposes." (8 points)

b.         A manufacturer of pencils contemplates backward integration into the production of rape seed oil, a key ingredient in manufacturing rubber-like material (called fractice) that forms the eraser. Rape seed oil is traded in world commodity markets and its price fluctuates as supply and demand conditions change. The argument that has been made in favor of vertical integration is this: "Pencil production is very utilization sensitive - i.e., a plant that operates at full capacity can produce pencils at a much lower cost per unit than a plant that operates at less than full capacity. Owning our own source of supply of rape seed oil insulates us from short run supply and demand imbalances and therefore will give us a competitive advantage over rival products." Do you agree or disagree with this argument? Explain. (8 points)

Since the beginning of the year, the US central bank has lowered its key lending rate from 1.5% to 0%. In addition, the US government has injected nearly $3T in capital (14% of 2019’s GDP) into the US market through targeted loan programs, grants, and taxpayer-targeted stimulus payments. These fiscal policies have been more aggressive than what many governments have done around the world. Based on our studies, we would expect these actions, absent other factors, would weaken the US dollar relative to most foreign currencies, but the US Dollar Index shows the dollar has strengthened by nearly 4% since January 1^st. What other factors may have contributed to the USD strengthening in this way? Strictly for your reference, I have included a table disclosing the types and weight of currencies used in the US Dollar Index (no math required!).