Questions
Consider the competitive market for dress shirts. The following graph shows the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves for a typical firm in the industry.

 6. Deriving the short-run supply curve

 Consider the competitive market for dress shirts. The following graph shows the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves for a typical firm in the industry.

image.png

 For each price in the following table, use the graph to determine the number of shirts this firm would produce in order to maximize its profit. Assume that when the price is exactly equal to the average variable cost, the firm is indifferent between producing zero shirts and the profit-maximizing quantity. Also, indicate whether the firm will produce, shut down, or be indifferent between the two in the short run. Lastly, determine whether it will make a profit, suffer a loss, or break even at each price.

image.png

 On the following graph, use the orange points (square symbol) to plot points along the portion of the firm's short-run supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.)

image.png

 Suppose there are 7 firms in this industry, each of which has the cost curves previously shown.

 On the following graph, use the orange points (square symbol) to plot points along the portion of the industry's short-run supply curve that corresponds to prices where there is positive output. (Note: You are given more points to plot than you need.) Then, place the black point (plus symbol) on the graph to indicate the short-run equilibrium price and quantity in this market.

 Note: Dashed drop lines will automatically extend to both axes.

image.png

 At the current short-run market price, firms will _______  in the short run. In the long run, _______ .


In: Economics

Braxton Technologies, Inc., constructed a conveyor for A&G Warehousers that was completed and ready for use...

Braxton Technologies, Inc., constructed a conveyor for A&G Warehousers that was completed and ready for use on January 1, 2021. A&G paid for the conveyor by issuing a $125,000, four-year note that specified 5% interest to be paid on December 31 of each year, and the note is to be repaid at the end of four years. The conveyor was custom-built for A&G, so its cash price was unknown. By comparison with similar transactions it was determined that a reasonable interest rate was 12%

Required:

1. Prepare the journal entry for A&G’s purchase of the conveyor on January 1, 2021.
2.Prepare an amortization schedule for the four-year term of the note.
3. Prepare the journal entry for A&G’s third interest payment on December 31, 2023.
4.If A&G’s note had been an installment note to be paid in four equal payments at the end of each year beginning December 31, 2021, what would be the amount of each installment?
5. By considering the installment payment of requirement 4, prepare an amortization schedule for the four-year term of the installment note.
6. Prepare the journal entry for A&G’s third installment payment on December 31, 2023.

In: Accounting

Javascript Problem: List Reverse Given a list: var list = { value: 1, next: { value:...

Javascript Problem: List Reverse

Given a list:

var list = {
  value: 1,
  next: {
    value: 2,
    next: {
      value: 3,
      next: null     
    }
  }
};

Reverse the order of the list so that it looks like:

var list = {
  value: 3,
  next: {
    value: 2,
    next: {
      value: 1,
      next: null
    }
  }
};

Use the following shell if needed:

//assignment1.js

function reverseList(list) {
    // your code here
    ...
    return reversedList;
}

Example Test Case(s):

Arguments: { value: 1, next: { value: 2, next: { value: 3, next: null } } };
Returns: { value: 3, next: { value: 2, next: { value: 1, next: null } } };

Arguments: { value: "a", next: { value: "b", next: { value: "c", next: null } } };
Returns: { value: "c", next: { value: "b", next: { value: "a", next: null } } };

Requirements:

  • You cannot use the built-in reverse() function.
  • null is non-existent object, you may use an empty object instead if desired.
  • Your function should be able to reverse a list of values of any type.
  • You must use at least one array to solve the problem.

In: Computer Science

ccountant and the Business Owner A young accountant straight out of school applies for a job...

ccountant and the Business Owner

A young accountant straight out of school applies for a job advertised in the Sydney Morning Herald. He is interviewed by the owner of a small business who has built it up from scratch.

"I need someone with an accounting degree," says the man, "but mainly I'm looking for someone to do my worrying for me."

"How do you mean?" says the accountant.

"I have lots of things to worry about, but I want someone else to worry about money matters."

"OK," says the accountant. "How much are you offering?"

"You can start on seventy-five thousand," says the owner.

"Seventy-five thousand dollars. How can a business like this afford to pay so much?"

"That," says the man, "is your first worry."

After you have a good laugh (or perhaps a few chuckles), please respond to the following questions:

  • What are your career goals?

  • What is your reaction to this story?

  • Does this story portray the reality of the accountant's work?

  • Does this joke portray a stereotype?

  • If you agree with the substance of this story in terms of the accountant's role, is this attractive to you as a career?

In: Accounting

Supermarket customers load their carts with goods totaling between $5 and $200, uniformly (and continuously) distributed;...

Supermarket customers load their carts with goods totaling between $5 and $200, uniformly (and continuously) distributed; call this the raw order amount. Assume that customers purchase independently of each other. At checkout, 63% of customers have loyalty card that gives them 4% off their raw order amount. Also at checkout, 18% of customers have coupons that give them 7% off their raw order amount. These two discounts occur independently of each other, and a given customer could have one or the other of them, both of them, or neither of them, to get to their net order amount (what they actually pay). Construct a spreadsheet simulation to simulate 100 customers and collect statistics on the net order amount; these statistics should include the average, standard deviation, minimum, maximum, and a histogram to describe the distribution of the net order amounts between $0 and $250. To make the requested histogram, you can either mimic what was done in the newsvendor spreadsheet simulation, or use a different approach via whatever built in excel facilities you'd like. Excel sheet with formulas would be best thanks.

In: Statistics and Probability

Data Structure in Java The following java method counts how many triples of integers in an...

Data Structure in Java

The following java method counts how many triples of integers in an array of n distinct integers sum to zero.

public static int count(int[] a) {
   int n = a.length;
   int count = 0;
   for (int i = 0; i < n; i++) {
      for (int j = i+1; j < n; j++) {
         for (int k = j+1; k < n; k++) {
            if (a[i] + a[j] + a[k] == 0)
               count++;
         }
      }
   }
   return count;
}

For example: the following list

[8, -12, 9, 2, 4, -9, -2, 5]

has two triples that sim to zero: (8, -12, 4) and (4, -9, 5).

The problem here is that this is a bad solution to solve the problem and it takes Big O(n^3).

Find another solution to the problem that takes less than O(n^3) of time complexity

Hint 1: Sort the array first (use Java’s built-in Arrays.sort(int[] a)) method to sort the array first.

Hint 2: A pair a[i] and a[j] is part of a triple that sums to zero if and only if the value -(a[i] + a[j]) is in the array (but not a[i] or a[j]).

In: Computer Science

1. The purpose of this assignment is to teach you about encryption and for you to...

1. The purpose of this assignment is to teach you about encryption and for you to be able to encrypt and protect your important documents before you store them in the cloud.

2. Please be careful with the encryption. If you loose or forget the password of your encrypted file, you will not be able to recover the documents.

3. Take Backup of your System. It is important to take backup anytime you are installing or removing a program. It is also important to take regular backups.

4. Download an encryption software. I recommend veracrypt (https://www.veracrypt.fr/en/Home.html (Links to an external site.)) but you are free to use any software other than built in filevault or bitlocker. Create an encrypted container of 10MB. Add a file to the container. Try to mount and dismount and see how you can access the files.

5. If you get a message, "OSXFuse seems to be missing on your machine. VeraCrypt requires OSXFuse 2.5 or above." Go ahead and install that too. OSXfuse adds to Mac's file handling capabilities.

6. Take 4-5 screenshots of the entire process and paste it on a word document and upload it here.

In: Computer Science

(a) Discuss the different sources of financial reporting regulations. Critically evaluate the arguments in favour of,...

(a) Discuss the different sources of financial reporting regulations. Critically evaluate
the arguments in favour of, and, the arguments against the regulation of
financial reporting.  15 marks

(b) Critically evaluate what qualitative characteristics accounting information should
possess, in order to make it useful for decision making?   [10 marks]

(c) Mancy plc
In preparation for the audit of the mancy plc, for the year ended 31 March
2020, the Finance Director has asked you to prepare a report setting out the
accounting treatment for the following transaction undertaken during the year.
Transaction:
On 1 July 2019,Mancy plc commissioned a specialised piece of
equipment to be built for £350,000. The equipment was ready for use, on
time, on 1 April 2020. A loan was taken out on 1 July 2019 for the full
£350,000, as payment for the equipment was due on that date. The interest
rate on the loan is 7% pa and interest is paid monthly. The loan is
repayable after two years.


You are required to present an explanation of the accounting treatment to be applied
in the financial statements for the year ended 31 March 2020 and the reasons why
that is the appropriate treatment (with reference to the requirements of the relevant
IFRS, and where possible, please show relevant calculations).

In: Accounting

Case study. You have been tasked to design an intervention for a local organization. Anna’s Cakes...

Case study.

You have been tasked to design an intervention for a local organization. Anna’s Cakes and Bakes is a local bakery with a small business design and 25 employees. The bakery is interested in implementing a wellness initiative for all its employees. Employees range in age from 22 to 35.

1.  What key components do you want to include in your wellness initiative (i.e. what aspects of health do you think are integral to overall wellness; this can include both physical and mental health)?


2. What type of intervention do you think would be most effective (primary, secondary, or tertiary)? Why? Describe how a cognitive-behavioral intervention would work for promoting wellness.


3. Which theory of health behavior will you base your initiative on? Explain your rationale.


4. What type of message do you want to send? How will you frame it?


5. Will you have any built-in incentives or reinforcements? Explain how you would reinforce your specific wellness behaviors and how you would prevent relapse into unhealthy behaviors?



In: Psychology

Write a function named “compileStats” that has 4 parameters: a vector of integers, an integer representing...

Write a function named “compileStats” that has 4 parameters: a vector of integers, an integer representing the smallest value contained in the vector, an integer representing the largest value contained in the vector, and a double that represents the average of the values in the vector. The compileStats function will not “return” a value, it will set the Pass By Reference parameters to the correct values (smallest, largest, and average).

Use the following main function in driver1b.cpp as a starting point for testing your function.

int main() {

int min = 0;

int max = 0;

double avg = 0.0;

vector<int> test1{ 12, 15, 543, 1024 };

compileStats(test1, min, max, avg);

cout << "For test 1: " << min << " " << max << " " << avg << endl;

vector<int> test2{ -8 };

compileStats(test2, min, max, avg);

cout << "For test 2: " << min << " " << max << " " << avg << endl;

vector<int> test3{ -40, 39, -39, 40, 38, -38, 0, 0 };

compileStats(test3, min, max, avg);

cout << "For test 3: " << min << " " << max << " " << avg << endl;

}

// You may not use any “built-in” C++ classes other than iostream and vector.

In: Computer Science