How can we calculate the value of an entire firm?

Check all that apply:

As all future cash inflows minus outflows

As all future revenue

As the sum of outstanding stocks and liabilities

As all future net earnings

Suppose a country was freely trading electronics with other countries and now it has decided to impose a tariff on imported electronics. Draw a graph to illustrate the change in consumer surplus, the change in producer surplus, the deadweight loss, and the government revenue.

At $73 , a firm can sell 4,525 stereo earphones (3.5 mm for android). At this price, elasticity is estimated at 2.4. What is the change in total revenue (+ or -) if the firm drops price by 10%? Round your answer to the nearest dollar.

QUESTION 14

1. Which of the following statements is the most accurate description of limited liability?

   	A.	In a company limited by shares, shareholder who holds a share in the company is not liable beyond any amount outstanding on partly paid shares.
   	B.	In a company limited by shares, a company has limited liability for their debts.
   	C.	A company is a separate legal entity from its directors, so directors are always shielded from the company's losses.
   	D.	A and B above.
   	E.	None of the above.

1 points   

QUESTION 15

1. Which of the following is the best description of the significance of the decision in Salomon v Salomon & Co Ltd?

   	A.	The notion of limited liability should not apply to corporations owned and operated by a single person.
   	B.	The concept of separate legal personality cannot be used by a sole trader to avoid liability to creditors.
   	C.	A shareholder who is also involved in the management of the company is not entitled to the benefit of limited liability
   	D.	The doctrine of separate legal personality continues to operate, even where a company is effectively controlled by a single shareholder.
   	E.	None of the above

1 points   

QUESTION 16

1. Annual general meetings agenda is governed by s. 250R. This provision requires:

   		That an annual general meeting is to be held to consider the company s annual financial report.
   		That an annual general meeting is to be held to elect directors.
   		That an annual general meeting is to be held to appoint the auditor.
   		All of the above.
   		None of the above.

1 points   

QUESTION 17

1. In which of the following circumstances is a company most likely to choose to rely on the replaceable rules?

   	A.	Where it is going to list on ASX.
   	B.	Where the company was incorporated prior to 1 July 1998.
   	C.	Where a proprietary company is registered that may wish to convert to a public company in the future.
   	D.	Where the company proposes to issue partly paid shares.
   	E.	None of the above.

Create a case study "Curbing tobacco use in Poland" with the info below.

Health Condition: Tobacco is the second deadliest threat to adult health in the world and causes 1 in every 10 adult deaths. It is estimated that 500 million people alive today will die prematurely because of tobacco consumption. More than three quarters of the world's 1.2 billion smokers live in low- and middle-income countries, where smoking is on the rise. By 2030, it is estimated that smoking-related deaths will have doubled, accounting for the deaths of 6 in 10 people. In the 1980s, Poland had the highest rate of smoking in the world. Nearly three-quarters of Polish men aged 20 to 60 smoked every day. In 1990, the probability that a 15-year-old boy born in Poland would reach his 60th birth­day was lower than in most countries, and middle-aged Polish men had one of the highest rates of lung cancer in the world.

Intervention or Program: In 1995, the Polish parliament passed groundbreaking tobacco-control legislation, which included:

the requirement of the largest health warnings on cigarette packs in the world;

a ban on smoking in health centers and enclosed workspaces;

a ban on electronic media advertisement; and

a ban on tobacco sales to minors.

Health education campaigns and the "Great Polish Smoke-Out" have also raised awareness about the dangers of smoking and have encouraged Poles to quit.

Impact: Cigarette consumption dropped 10 percent between 1990 and 1998, and the number of smokers declined from 14 million in the 1980s to under 10 million at the end of the 1990s. The reduction in smoking led to:

10,000 fewer deaths each year;

a 30 percent decline in lung cancer among men aged 20 to 44;

a nearly 7 percent decline in cardiovascular disease; and

a reduction in low birth weight.

True Financial corporation is a financial services holding company headquartered in ithaca new york, that offers banking insurance and wealth management service. It pays cash dividends quarterly and also issues stock dividends periodically.

1. At March 31, 2012, True had 9,726,700 shares issued with a par value of $7.00 per share and $75,00 share held in treasury. On April 25, 2012, the company announced that its Board of Directors approved payment of a regular quarterly cash dividend of 3.50 per share , payable on May 15, 2012, to common shareholder of record on May 7,2012. Assume no shares were acquired or sold by the company after March 31. Give the journal entry to record the declaration of the cash dividend.

2. At December 31, 2009, True reported 5,918,200 shares issued with a par value of $7.00 per share and 11,200 share held in treasury. On January 27,2010, the company announced that its board of directors approved payment of a regular quarterly cash dividend of $3.60 per share, payable on February 25, 2010 to common shareholders of record on February 5, 2010. The board also approved the payment of 5% stock dividend distributable on February 25, 2010, to common shareholders of record on February 5, 2010. The share price was $50 when the stock dividend was issued. Assume no treasury shares were acquired or sold after June 30. Prepare the journal entry to record true 's stock dividend.

3. True issued 5% stock dividends in 1995, 2003, 2005, 2006, 2010. In 1998, True issued a three-for-one split. If an investor purchased 1,200 shares in 1994, how many shares would the investor have in 2012?

Revise the following passage, correcting any grammatical and punctuation errors present. Indicate the
corrected parts in your answer by writing them in bold red text.
In the 1970s, market researchers discovered that the most young children were unable to tell the difference
between the television shows they watched and advertisements for products. Because of this discovery, it was
an attempt in 1978 to put legal restrictions on television advertisements aimed at too young children, but
advertisers objected. The industry of marketing to children has being growing steadily since then. Between
1978 and 1998, the amount of money directly spent by children age four to twelve increased from less than
three billion dollars a year to almost twenty-five billion dollars, and is not end in sight. Researchers believe that
children in that age group also convince their families to spend another two hundred billion dollars a year—
such as when a young boy, for example, convinces her mother to purchase a more expensive computer than
she might otherwise have bought. Marketers are easy to decide to target this young market—there is their job
to aim at consumers who can be convinced and who will spend most money.
However, few other groups have also helped marketers figure out the best way to target a too young
audience. Many child psychologists are now been asked to join market-research firms to provide information
about how to reach children more effectively. Some members of the American Psychological Association
lobbied their organization in 2002 to discipline APA members who have helped advertisers target children, but
the APA has no taken action yet. The most psychologists feel that the marketers and their advisers have being
allowed very much freedom to appeal to children who cannot make informed decisions about products, but
the situation does no seem likely to change.

1. In 1994, baseball management and the players union failed to come to an agreement and the management initiated a work stoppage. The two sides did not come to an agreement until 1995. As a result less baseball games were played in both the 1994 and 1995 season. The 1994 and 1995 data seem to be outside the pattern of the rest of the data. Determine if these two data points are influential by:

a) Plot the regression line from the full data set on the on the scatter plot. The regression equation is: Wins = 24.5 + 0.08Runs, mark it “ALL SEASONS”

b) ​​​​​​​Plot the regression line from data set without the partial seasons on the on the scatter plot. The regression equation is: Wins = 43.3 + 0.05RUNS, mark it “ONLY FULL SEASON”. Do the partial seasons seem to be influential? Explain.

c) Using the linear regression model for “ALL GAMES” in the Red Socks data, Wins = 24.5+ 0.08 Runs. Consider the data for the year 2004, (Runs = 949, Wins = 98) Calculate the residual for this year.

d) The coefficient of determination = 67.2% for the Red Socks data. Find the linear correlation coefficient. Round your answer to 2 decimal places.

Use the data and Excel to answer this question. It contains the United States Census Bureau’s estimates for World Population from 1950 to 2014. You will find a column of dates and a column of data on the World Population for these years. Generate the time variable t. Then run a regression with the Population data as a dependent variable and time as the dependent variable. Have Excel report the residuals.

(a) Based on the ANOVA table and t-statistics, does the regression appear significant?

(b) Calculate the Durbin-Watson Test statistic. Is there a serial correlation problem with the data? Explain.

(d) What affect might your answer in part (b) have on your conclusions in part (a)?

Can you please give detailed steps to do on excel?