Questions
A son is born with Kleinfelter's syndrome and hemophilia. His father is normal but his mother...

A son is born with Kleinfelter's syndrome and hemophilia. His father is normal but his mother is a carrier of the recessive X-linked, blood-clotting disorder. Which of the following best describes how the boy inherited hemophillia?

In: Biology

Many celebrated economists have likened the recent novel covid-19 pandemic to "the Great Depression" of the...

Many celebrated economists have likened the recent novel covid-19 pandemic to "the Great Depression" of the 1930s.One of the havocs this pandemic has caused is the general decline in the value of most stocks.As a student of corporate finance, what cardinal concept in finance will you attribute this to and what are the critical issues involved in this concept.

In: Finance

1- Think of a problem situation you would like to change at work, at school, or...

1- Think of a problem situation you would like to change at work, at school, or at home and describe how you would frame the topic and approach the change using appreciative inquiry.

2-How could you increase the number of novel and useful solutions you come up with to solve this problem?

In: Operations Management

The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It...

The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education, and hospitality the initially hardest-hit industries.

Q. Analyzing the required types of change to minimize the impact of the COVID 19 virus on the universities.

In: Operations Management

Ice cream Romance novels Quantity Total utility Quantity Total utility 1 95 1 170 2 180...

Ice cream Romance novels

Quantity Total utility Quantity Total utility
1 95 1 170
2 180 2 320
3 255 3 450
4 320 4 560
5 375 5 650
6 420 6 720


The table above shows Danielle's utility from ice cream and romance novels.
a) What is Danielle's marginal utility from the 4th novel?
b) The price of ice cream is $5 per gallon and a novel is $10. If Danielle's budget for these two goods is $50 and she buys 2 gallons of ice cream, how many novels can she buy? If she buys 6 gallons of ice cream, what is her marginal utility per dollar spent on novels?
c) Which combination of the two goods is better: 4 gallons of ice cream and 3 novels or 6 gallons of ice cream and 2 novels?

In: Economics

You work for a company that is being accused of monopoly behavior, given its large size.

 

You work for a company that is being accused of monopoly behavior, given its large size. Comparisons are made to the industry standard, where each establishment has on average about 16.3 employees. Your company is bigger than that, but you want to provide evidence against the monopoly charges.

a. You’ve collected data at different times in your company’s history, when you had different amounts of capital.

In 2012, SRATC = 17Q2 – 2,200Q + 100,000

In 2015, SRATC = 37Q2 – 1,500Q + 55,000

In 2018, SRATC = 20Q2 – 2,000Q + 75,000

Plot these three different SRATC curves (have Q go from 0 to 100 in units of 5; make the maximum on the vertical axis be 100,000), and discuss how (and possibly why) your company has changed since 2012 in terms of its size.

b. Make another column labeled “LRATC” that includes three points: 2015’s SRATC when Q = 5; 2018’s SRATC when Q = 50, and 2012’s SRATC when Q = 85. Plot these three points on your graph (be sure to show, don’t hide, the dots) and add a 2nd-degree polynomial trendline to represent your company’s LRATC.

c. In a more competitive industry with smaller firms, typical LRATC curves follow LRATC = 12Q2 – 250Q + 30,000. Using all available information in this question, present an argument that could be used to justify your company’s size.

In: Economics

The United States may be accused of endorsing the idea that firms have several different books,...

The United States may be accused of endorsing the idea that firms have several different books, or records, of a company to reflect the differences among GAAP reporting, tax accounting, managerial accounting, and IFRS.

A) Why does this phenomenon exist in the US; whereas, other countries may appear to have a single source of documents for financial and tax reporting?

B) Please highlight two, or more, areas of GAAP accounting where US GAAP and IFRS GAAP are not in agreement, and explain the impact on the financial statements.

In: Accounting

You work for a company that is being accused of monopoly behavior, given its large size....

You work for a company that is being accused of monopoly behavior, given its large size. Comparisons are made to the industry standard, where each establishment has on average about 16.3 employees. Your company is bigger than that, but you want to provide evidence against the monopoly charges.

You’ve collected data at different times in your company’s history, when you had different amounts of capital.
In 2012, SRATC=17Q2−2,200Q+100,000

In 2015, SRATC=37Q2−1,500Q+55,000

In 2018, SRATC=20Q2−2,000Q+75,000

1. After plotting these three different SRATC curves (have QQ go from 0 to 100 in units of 5; make the maximum on the vertical axis be 100,000), what do you notice about how your company's size and costs have changed as time has gone on?

Select one:

a. The firm was smallest in 2012 and had medium costs; was largest in 2018 and had the lowest costs; and was a medium size but had the highest costs in 2015.

b. At the beginning of the period, the firm was smallest but enjoyed the lowest costs. By the end of the period, the firm had expanded to its largest size and also had its highest costs.

c. In 2012, the firm was relatively large with medium costs. In 2015, the firm was much smaller, but costs were even higher than in 2012. In 2018, the firm settled into a medium size and had the lowest costs of any of the years.

d. The firm contracted in size as time went on, but had increased costs as well.

2 Make another column labeled “LRATC” that includes three points: 2015’s SRATC when Q=5; 2018’s SRATC when Q=50, and 2012’s SRATC when Q=85. Plot a 2nd-degree polynomial trendline to represent your company’s LRATC.

In a more competitive industry with smaller firms, typical LRATC curves follow LRATC=12Q2−250Q+30,000. Using all available information in this question, which would be a good argument that could be used to justify your company’s size?

Select one:

a. While our costs are higher than competitive firms, we are actually smaller in scale than they are. The total cost (high per unit cost but low output) for our firm is actually less than for smaller firms.

b. Our firm's costs may be higher than smaller firms, but our optimal output far exceeds theirs. The improvement in volume compensates for the slightly higher costs.

c. Even though the LRATC curves look different, the minimum points, and the optimal output associated with them, are actually equivalent. Thus, there is no qualitative difference between our firm's efficiency and that of smaller firms.

d. Smaller firms have their minimum average total cost at a low amount of output, but our minimum average total cost is actually even lower than theirs, even though it occurs at a higher amount of output.

In: Economics

You can buy a printing press for $80,000. You will have to pay labor costs of...

You can buy a printing press for $80,000. You will have to pay labor costs of $20,000 per year due at the beginning of each year for 6 years. You can print and sell 2,000 books per year and sell each for $60 (at the end of each year). Variable costs are $12 per book. At the beginning of each year, you must have NWC equal to 20% of end-of-year net sales. The net working capital will be recouped when the project is terminated after 6 years. The printing press will depreciate to zero over 10 years. You think you can sell the printing press for $40,000 after 6 years. Tax rate is 35%. What are CF from Assets? What is NPV if interest rate is 8%?

In: Finance

You can buy a printing press for $80,000. You will have to pay labor costs of...

You can buy a printing press for $80,000. You will have to pay labor costs of $20,000 per year due at the beginning of each year for 6 years. You can print and sell 2,000 books per year and sell each for $60 (at the end of each year). Variable costs are $12 per book. At the beginning of each year, you must have NWC equal to 20% of end-of-year net sales. The net working capital will be recouped when the project is terminated after 6 years. The printing press will depreciate to zero over 10 years. You think you can sell the printing press for $40,000 after 6 years. Tax rate is 35%. What are CF from Assets? What is NPV if interest rate is 8%? (Do not use excel)

In: Finance