For your assignment this week you will find and summarize an article that illustrates how a specific company uses their knowledge of elasticities to increase revenue. Discuss the ethics of this practice. Is it fair to the consumer? Don't forget to use outside resources beyond your article to prove your points.
In: Economics
Please provide an example of a company that has an effective customer retention program and describe the components of effectiveness. Describe the potential impact of the company's customer service on their generation of revenue. Do you believe there is a correlation between the company's program and its financial success? Why or why not?
In: Operations Management
Politics Question
Although government from the state to the local level is clearly unitary, local finance is very diverse, with many local levies and revenue streams. Should states abolish all local taxes and institute more efficient tax reforms? Why/why not?
In: Economics
The demand and supply for a product is given by:
Qd: 300-5P Qs: 3P-100
Suppose the government imposes a tax T=$16
Calculate:
A) Consumer surplus after tax
B) Producer surplus after the tax
C) Government Revenue
D) Deadweight Loss
In: Economics
Company is Amazon
Short Description of Business: What does the company do? What are its key sources of revenue?
Product Mix: Identify the company’s product mix or key segments. Briefly describe each product line/segment. Include brand names if possible
In: Finance
69. Machine costs $150,000, and lasts 10 years with salvage value of $15,000. Annual operating costs are $50,000. If you want to make a 20% return on investment, what is the minimum annual revenue required from this machine? Show all work for full credit.
In: Finance
Chapter 13
1) Describe the general types of barriers.
2) Competition keeps prices lower for consumers. So why do we have patent laws?
3) What is the relationship between the marginal revenue curve and the demand curve for a single-price monopolist?
In: Economics
You are considering an investment in a new machine. The firm’s tax rate is 30%. Answer this question in Excel. Please highlight or circle your answers. The machine is expected to have the following:
|
Year |
Change in revenue |
Change in expenses |
After tax increases in revenue |
Change in depreciation |
Tax benefit of depreciation |
Change in net working capital |
Change in capital spending |
Incremental Cash Flow |
|
0 |
0 |
0 |
0 |
+20,000 |
+100,000 |
=120,000 |
||
|
1 |
+20,000 |
+5,000 |
=10,500 |
15,000 |
+2,000 |
0 |
||
|
2 |
+20,000 |
+5,000 |
=10,500 |
15,000 |
+2,000 |
0 |
||
|
3 |
+20,000 |
+5,000 |
=17,500 |
15,000 |
-5,000 |
-15,000 |
||
|
4 |
+30,000 |
+5,000 |
=17,500 |
+20,000 |
+2,000 |
0 |
||
|
5 |
+30,000 |
+5,000 |
=17,500 |
+20,000 |
-21,000 |
-20,000 |
a) What is the expected incremental cash flow each year for this new machine?
b) Should you approve this project? Why or why not?
In: Finance
A cruise line estimates that it can sell 3,400 tours to Alaska at a price of $900 each, but it will lose 100 sales for each $50 increase in its price. Let p be the price and q the number of tours sold.
(a) Write q as a linear function of p.
(b) Write the revenue R as a function of p and find the marginal revenue with respect to p (i.e., the rate of change of R with respect to p).
(c) Suppose it costs $400 per passenger to operate the tour. Write the cost as a function of the price p and find the marginal cost with respect to p.
(d) Find the marginal profit with respect to p.
(e) The company priced its tour at $1,050 last year. If it increases the price this year, will it increase or decrease its profit? Explain your answer.
(f) Answer the same question and explain your answer if last year’s price was $1,550.
In: Finance
The Bradford Company issued 10% bonds, dated January 1, with a
face amount of $80 million on January 1, 2021 to Saxton-Bose
Corporation. The bonds mature on December 31, 2030 (10 years). For
bonds of similar risk and maturity, the market yield is 12%.
Interest is paid semiannually on June 30 and December 31. (FV of
$1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of
$1)
Required:
1. to 3. Prepare the journal entries to record the
purchase of the bonds by Saxton-Bose on January 1, 2021, interest
revenue on June 30, 2021 and interest revenue on December 31, 2021
(at the effective rate). (Enter your answers in whole
dollars. If no entry is required for a transaction/event, select
"No journal entry required" in the first account
field.)
Please help with preparing the journal entries.
In: Accounting