A11: EDITING PUNCTUATION (PART 2)
With Track Changes turned on, edit the punctuation errors in the following sentences. I have told you how many errors are in each sentence. Then, using the comment feature in Microsoft Word, note the section number from the Chicago Manual of Style that supports each edit and write a short explanation of why the edit is needed. I’ve included an example for you so you can see how I would like your answers formatted. All of the answers come from Chapter 6 of the Chicago Manual of Style. I’ll give you 0.5 points for each correct edit and 0.5 points for your comment that notes the correct section of the manual and provides a short explanation. (Questions adapted from RPW Chapter 16)
EXAMPLE (2 errors) If you want to make them resent you,[SJ1] ignore them when your children scream for attention.[SJ2]
In: Computer Science
The change in welfare resulting from changes in environmental
quality can be converted into monetary units.
1 Compensating Variation
2 Equivalent Variation
3 Compensating Surplus
4 Equivalent Surplus
5 Consumer Surplus
Explain and compare
In: Economics
I just want to know if this is decent or should I make some changes.
1. What are some examples of Ford's variable costs (please discuss and explain 3)?
Ford is focused on units produced so their variable costs will include variable factory overhead, direct materials and direct labor. One direct labor cost is that of manufacturing and assembly which deals with the actual assembled components. These components are another form of direct costs; those of direct materials such as gas tanks, circuit boards, glass and motor vehicle frames. All of these can be traced back to the production of a finished product “their vehicles.” All these materials can vary in cost as well as direct labor due to the increase or decrease in production. These materials can be considered goods manufactured since they are incomplete until the vehicle itself is complete. At the point of completion they are considered finished goods to which all direct materials and direct labor can be traced back to.
2. What are some examples of Ford's fixed costs (please discuss and explain 3)?
Ford’s fixed costs can include rent for factory or office space, insurance on facilities, utilities, depreciation expenses on machinery, loans and taxes. These fixed costs will be incurred even if there is no product to be made for a given time. They are to be acquired no matter the increase or decrease of the production of a given company. If there is an increase in the production of units, fixed costs will not vary but will decrease per unit as units produced increase. This is due to the fixed costs being spread over more units as they increase.
3. Is Ford a highly levered company? (Careful, the book discusses operating leverage. Your answer should be in the context of the definition of operating leverage discussed in your book). Why or why not? Also, how does this effect the break-even point? Explain.
Ford is a known high levered company; this is due to its high fixed costs and not being a labor-intensive business. Ford demonstrates its ability to have a higher percent increase in income due to its high fixed costs, so small changes in their units sold can significantly increase their overall profitability. Thus proving that having a high fixed costs system is what helps drive ford as a high levered company. Break-even points will increase as fixed costs increase, such as taxes when they increase it raises the break-even point to be met. This can also be said for Ford’s fixed costs like rent, if decreased then their break-even will drop as well since less revenue is now needed to meet the break-even.
4. If raw material costs such as steel (and all else equal meaning holding all other variables constant) were to increase how would this effect the following? Please explain.
As raw material costs increase the break-even will increase. The increase in steel has created a need for more revenue to help with higher variable costs. Since all other variables remain constant, this means that the contribution margin will have decreased due to raise in price of steel, reducing the excess of sales over variable costs. Meaning less income for fixed costs provided by operations. As contribution margins decrease the income from continuing operations will also decrease since more funds will be needed to cover the variable costs to run the company. If the company continues to increase operations, then the Fixed incomes should begin to decrease since fixed costs will now be spread over more units.
In: Accounting
how can technological advancement and modernization affects and bring changes to a country's cuisine.
Describe the cuisine of Canada by citing some distinct characteristics. what did you like most about their cuisine and why?
In: Economics
The following income statement and information about changes in
noncash current assets and current liabilities are
reported.
|
SONAD COMPANY |
||||||
|
Sales |
$ |
1,515,000 |
||||
|
Cost of goods sold |
742,350 |
|||||
|
Gross profit |
772,650 |
|||||
|
Operating expenses |
||||||
|
Salaries expense |
$ |
207,555 |
||||
|
Depreciation expense |
36,360 |
|||||
|
Rent expense |
40,905 |
|||||
|
Amortization expenses–Patents |
4,545 |
|||||
|
Utilities expense |
16,665 |
306,030 |
||||
|
466,620 |
||||||
|
Gain on sale of equipment |
6,060 |
|||||
|
Net income |
$ |
472,680 |
||||
Changes in current asset and current liability accounts for the
year that relate to operations follow.
|
Accounts receivable |
$ |
44,400 |
increase |
Accounts payable |
$ |
9,125 |
decrease |
|||
|
Inventory |
25,325 |
increase |
Salaries payable |
4,050 |
decrease |
|||||
Required:
Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
In: Accounting
Identify the different types of product (manufacturing) and non-production costs. In addition, describe the changes in composition of total manufacturing costs during the last century
In: Accounting
Recognize how changes in supply and demand affect market outcomes and explain the effect of government regulation on prices?
Use your own words and be sure to support your statements with logic and arguments. Post your comments.
In: Economics
Uncertainty due to changes in the price of stocks, bonds or even mutual funds over time falls under the category of
| a. |
event risk. |
|
| b. |
inflation risk. |
|
| c. |
credit risk. |
|
| d. |
liquidity risk. |
|
| e. |
market or asset price risk. |
Roth IRAs and Roth 401(k) plans offer
| a. |
tax deductibility for contributions up to a certain amount each year. |
|
| b. |
tax deductibility for withdrawals any time. |
|
| c. |
tax deductibility for withdrawals after age 59 1/2. |
|
| d. |
tax-deferral, tax deductible for contributions but withdrawals taxed as income. |
|
| e. |
tax exemption for withdrawals after age 59 1/2. |
The precise measure of a bond's annual interest rate and rate of return if the investor holds the bond to maturity is the bond's
| a. |
yield to maturity. |
|
| b. |
current yield. |
|
| c. |
coupon rate. |
|
| d. |
dividend yield. |
|
| e. |
rate of return. |
In: Finance
A medical researcher believes that a drug changes the body's temperature. Seven test subjects are randomly selected and the body temperature of each is measured. The subjects are then given the drug, and after 30 minutes, the body temperature of each is measured again. The results are listed in the table below. Is there enough evidence to conclude that the drug changes the body's temperature?
Let d=(body temperature after taking drug)−(body temperature before taking drug)d=(body temperature after taking drug)−(body temperature before taking drug). Use a significance level of α=0.02 for the test. Assume that the body temperatures are normally distributed for the population of people both before and after taking the drug.
| Subject | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Temperature (before) | 99.6 | 98.6 | 99.7 | 99.6 | 99.9 | 100.3 | 100.6 |
| Temperature (after) | 98.9 | 97.8 | 100.2 | 99.4 | 99.1 | 100.1 | 100.3 |
Step 1 of 5: State the null and alternative hypotheses for the test.
Step 2 of 5:Find the value of the standard deviation of the paired differences. Round your answer to one decimal place.
Step 3 of 5:Compute the value of the test statistic. Round your answer to three decimal places
Step 4 of 5:Determine the decision rule for rejecting the null hypothesis H 0 . Round the numerical portion of your answer to three decimal places.
Step 5 of 5: Make the decision for the hypothesis test. (Fail to reject or reject null)
In: Statistics and Probability
Which of the following is TRUE regarding changes to 2020 tax law for individuals?
Employers may pay up to $5,250 toward an employee's student loan principal and interest. This amount may be excluded from the employee's taxable income.
Individuals may claim up to $500 of charitable contributions as an above-the-line deduction.
Extended unemployment benefits are not taxable income.
A high-deductible health plan (HDHP) may only pay for remote medical care for COVID-19-related treatment after the plan deductible is met.
In: Accounting