In: Economics
Suppose you are about to start working for Apple Corp. as an intern, so you do some research on the various job positions within the company. In your area of work, there are 4 basic positions that you can hold: intern, programmer, analyst, and project manager.
Each year there is a chance for promotion, and there is also a chance of “involuntary separation” from the company. (In other words, getting fired.)
If you are an intern, there is a 50% chance each year of being promoted to programmer, and a 10% of being fired.
If you are a programmer, there is a 12% chance each year of being promoted to analyst, and a 6% of being fired.
If you are an analyst, there is a 5% chance each year of being promoted to project manager, and a 3% of being fired.
If you are a project manager, you cannot be promoted but there is a 5% chance of being fired.
If you are not promoted or fired, then you stay in the same position. If you are fired, then you cannot be rehired.
What are the different states in this system?
Using excel, construct the transition matrix T for this system. Make sure to label the states.
Assuming you start working as an intern, what is the initial-state matrix S0?
Find S5, S10 and S20 for this system.
What is the probability that you will be an intern after 10 years?
What is the probability that you will be a project manger in 5 years?
What is the probability that you will be fired within 20 years?
In: Statistics and Probability
A programmer is writing the code for a new interactive basketball game. As a result, she is using quadratic relations to model the path of the ball. During the game, when a ball is shot, the path it follows is modelled by the quadratic relation, h= -0.2d^2 + 3d +6, where h represented the height of the ball above the ground and d represented the distance of the ball from the shooter. Both distances are measured in feet.
Provide step-by-step solutions that are communicated clearly for all questions.
In: Advanced Math
Tactex Controls Inc. Equity Section of the Balance Sheet December 31, 2019
Contributed capital: Preferred shares, $1.2 cumulative, unlimited shares authorized; 11,000 shares issued and outstanding $ 383,000
Common shares, unlimited shares authorized; 66,000 shares issued and outstanding 726,000
Total contributed capital $ 1,109,000
Retained earnings 369,000
Total equity $ 1,478,000
In 2020 and 2021, the company had the following transactions affecting shareholders and the equity accounts:
2020 Jan.
1 Sold 21,000 common shares at $9.74 per share.
5 The directors declared a total cash dividend of $222,000 payable on Feb. 28 to the Feb. 5 shareholders of record. Dividends had not been declared for the years 2018 and 2019. All of the preferred shares had been issued during 2018.
Feb. 28 Paid the dividends declared on January 5.
July 1 Sold preferred shares for a total of $155,900. The average issue price was $20 per share.
Dec. 31 Closed the dividend accounts along with the $575,900 credit balance in the Income Summary account.
2021 Sept. 5
The directors declared the required cash dividend on the preferred shares and a $0.5 per common share cash dividend payable on October 28 to the October 5 shareholders of record.
Oct. 28 Paid the dividends declared on September 5.
Dec. 31 Closed the Cash Dividends account along with the $542,300 credit balance in the Income Summary account.
Required:
1. Prepare journal entries to record the transactions and closings for 2020 and 2021. The company uses a cash dividends account to record declared dividends.
2. Prepare a statement of changes in equity for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.)
3. Prepare the equity section of the company’s balance sheet as of December 31, 2021.
In: Accounting
The University is predicting at least a 15% reduction in its revenues in the Fall 2020 semester due to reduced demand for university education caused by a global pandemic. Assume a decreasing return to scale technology and a competitive market. Also, assume that the market was in the long run equilibrium prior to the pandemic outbreak.
Discuss the short run and long run implications of this reduction for:
1. the choice of the output by the university
2. capital and labour choices by the university
In: Economics
Borins presents three ideal types of innovation in the public sector. Describe the ideal type you think is found most in the public sector. Why do you think these three ideal types of innovation are not found more often in the public sector?
In: Economics
Why do you think so many innovation projects fail to generate an economic return? Please explain and add real life examples.
PLEASE ANSWER IN 350 WORDS AND IN WORD FORMAT ONLY.
THANKS
Subject: Management of Technological Innovation
In: Operations Management
for this assignment, you are required to write a
Retail Innovation Strategy Essay
write a 3-5 page paper dicussing how innovation should be
incorporated into a retail strategy. Specifically identify two
retail innovations to ensure you have a global reach
In: Operations Management
Assume that you own an exhaustible resore that is sold
competitive,and the marginal cost of extraction at year t is given
by:
Ct=5+0.5t+0.05t^2,
where t=0 at the beginning of 2010.it is also known that the
interest rate is 7% per annum and the demand for the resource
is:
Qt=100-Pt,
where Qt and Pt represent output level in,tons and price in year t
respectively.
a)suppose that the price in year 2020 is anticipated to be 100,
what were the prices,user costs and production level of the
resource in 2015 and 2016?
b)if the market were monopolized in2017,what were the optimal
production rule in that period?
In: Economics
Case Study
In 1962 the Atlantic Cement Company began operating a cement plant outside of Albany, New York. The Company employed over 300 local residents and by 1970 had invested $45 million in the plant. The plant was insured but plant insurance will not cover any damage which is related with environmental and health problem. The insurance company made an agreement with the Cement Company that, if anything goes wrong, insurance company will pay the losses. The plant emitted large amounts of pollution, however, as well as causing constant vibrations and loud noise. Local residents filed suit against the Company, claiming that the loud noise and the vibrations were harming their health and property. The suit asked that the court issue an injunction that would close down the plant until the pollution and vibrations could be eliminated. The Company was already using the best available technology, which meant that the suit was asking that the plant be closed down indefinitely. The court refused to issue the injunction, reasoning that the costs of closing the plant outweighed the benefits to be gained by the residents. Instead of closing the plant, the court ruled that the cement company should pay residents a one—time fee to compensate them for ongoing harms. This fee was calculated to be a fair market price for what the residents would receive if they were inclined and able to rent their property.
1 Was the compensation is justified?
2 Was the decision of the court in this case fair? Explain
3 If you are agree with the judgment of the court so, explain why? If you are not agree with the judgment of the court so, explain why?
4 In your opinion, will you compromise your health and property with the amount of compensation?
5 Who will pay the loss? Cement company or insurance company?
6 Environmental pollution is very harmful, is it acceptable to compromise your surroundings and environment in term of money? Explain
In: Accounting