Assume the following cost data are for a purely competitive firm:

1. At a product price of $56, will this firm produce in the short run? Why or why not? If it is preferable to produce, what will be the profit-maximizing or loss-minimizing output? Explain. What economic profit or loss will the firm realize per unit of output.
2. Answer the relevant questions of (i) assuming product price is $41
3. Answer the relevant questions of (i) assuming product price is $32
4. Which will be the price the company will have to confront in the long run, assuming freedom to entry and exit and identical costs for all players?  (Hint: remember the long-run ATC curve)

Median

Range:

3rd Quartile:

In this milestone, you will move through the next phase of the accounting cycle by creating the trial balance, adjusting entries, and adjusted trial balance. Completing the adjusting entries implements the matching, timing, and periodicity of the generally accepted accounting principles. Omission of this step will show a higher net income than there actually is, which could cause users of the financial statements to make an incorrect decision and suffer financially. Prompt: You will find the provided data for your second milestone in the appendix at the end of this document. The data have been separated from the prompt so that you can more easily view the full scope of this assignment. Links have been provided to help you locate the information. Specifically, the following critical elements must be addressed: I. Incorporate the feedback that you received from your Milestone One submission on Steps 1–4. A. Step One: Complete the “July Journal Entries” tab in your workbook using the Step One data in the appendix. B. Step Two: Complete the “August Journal Entries” tab in your workbook using the Step Two data in the appendix. C. Step Three: Complete the “September Journal Entries” tab in your workbook using the Step Three data and updated scenario information in the appendix. Note that there was an additional line of products added this month, so you must first complete the “Inventory Valuation” tab in your workbook and copy the journal entries from the inventory evaluation page into your journal for this month to ensure the impact of merchandising is reflected in your reporting. D. Step Four: Transfer posted entries to T accounts. II. Apply the accrual basis of accounting to correctly create adjusting entries in the preparation of financial statements: A. Step Five: Prepare the unadjusted trial balance. Note that you should use the T account balances completed in the previous step to prepare the unadjusted trial balance portion of the “Trial Balance” tab in your workbook. B. Step Six: Complete the “Adjusting Entries” tab in your workbook using the Step Six data in the appendix. Note that you should take the adjusting entries from this worksheet and enter them into the “Trial Balance” tab in your workbook. C. Step Seven: Apply adjusting entries to create the adjusted trial balance. Note that the adjusting entries from Step Six will apply to affected accounts in the unadjusted trial balance to arrive at the adjusted trial balance. Rubric Guidelines for Submission: Your completed accounting workbook should have all tabs fully and accurately populated in the provided Excel template. Critical Elements Evident (100%) Not Evident (0%) Value Incorporate the Feedback Fully incorporates feedback from Milestone One on Steps 1–4 of the workbook Fails to incorporate feedback from Milestone One on Steps 1– 4 of the workbook 25 Apply the Accrual Basis of Accounting: Step Five Prepares the unadjusted trial balance Does not prepare the unadjusted trial balance 25 Apply Accrual Basis of Accounting: Step Six Prepares the adjusting entries Does not prepare the adjusting entries 25 Apply Accrual Basis of Accounting: Step Seven Prepares the adjusted trial balance Does not prepare the adjusted trial balance 25 Total 100% Appendix: Workbook Data for Milestone Two Step One Data (Click on the link to return to the prompt.) The following events occur in July, 2018: July 1: You take $10,000 from your personal savings account and buy common stock in Peyton Approved. July 1: Purchase $6,500 in baking supplies from vendor, on account. July 3: Your parents lend the company $10,000 cash in exchange for a two-year, 6% note payable. Interest and the principal are repayable at maturity. July 7: Enter into a lease agreement for bakery space. The agreement is for 1 year. The rent is $1,500 per month, and the last month’s rent payment of $1,500 is required at time of lease agreement. The payment was made in cash. Lease period is effective July 1, 2018, through June 30, 2019. July 10: Pay $375 to the county for a business license. July 11: Purchase a cash register for $250 (deemed to be not material enough to qualify as depreciable equipment—use misc. exp.). July 13: You have baking equipment, including an oven and mixer, which you have been using for your home-based business and will now start using in the bakery. You estimate that the equipment is currently worth $6,000, and you transfer the equipment into the business in exchange for additional common stock. The equipment has a 5-year useful life. July 13: Pay $200 for business cards/flyers/posters/ads to use for advertising. July 14: Pay $300 for office supplies. July 15: Hire part-time helper to be paid $12 per hour. Pay periods are the 1st through the 15th and 16th through the end of the month, with paydays being the 20th for the first pay period and the 5th of the following month for the second pay period. (No entry is required on this date; it is here for informational purposes only.) July 30: Received telephone bill for July in amount of $75. Payment is due on August 10. July 31: Pay $2,400 for a 12-month insurance policy. Policy effective dates are August 1, 2018, through July 31, 2019. July 31: Accrue wages earned for employee for period of 16th through 31st of July (Wage calculations table provided below). July 31: Total July bakery sales were $15,000. $5,000 of these sales are on accounts receivable. Step Two Data (Click on the link to return to the prompt.) The following events occur in August, 2018: August 5: Paid employee for period ending 7/31. August 8: Receive payments from customers towards accounts receivable in amount of $3,800. August 10: Paid July telephone bill. August 15: Purchase additional baking supplies in amount of $5,000 from vendor, on account. August 15: Accrue wages earned for employee from period of 1st through 15th of August (Wage calculations table provided below). August 15: Pay rent on bakery space. August 18: Receive payments from customers towards accounts receivable in amount of $3,000. August 20: Paid $8,500 toward baking supplies vendor payable. August 20: Pay employee for period ending 8/15. August 22: $300 in office supplies purchased. August 31: Received telephone bill for August in amount of $75. Payment is due on September 10. August 31: Accrue wages earned for employee for period of August 16th through August 31st (Wage calculations table provided below). August 31: August bakery sales total $20,000. $7,500 of this total is on accounts receivable. Step Three (Click on the link to return to the prompt.) Updated Scenario: Many customers have been asking for more hypoallergenic products, so in September you start carrying a line of hypoallergenic shampoos on a trial basis. The following information relates to the purchase and sales of the shampoo:  You use the perpetual inventory method. You are uncertain as to which valuation method to use—FIFO, LIFO, or weighted average, so you calculate inventory using all three and then decide which one you would like to choose. Data: The following events occur in September, 2018: September 1: Paid dividends to self in amount of $10,000. September 5: Pay employee for period ending 8/31. September 7: Purchase merchandise for resale. See “Inventory Valuation” tab for details. September 8: Receive payments from customers toward accounts receivable in amount of $4,000. September 10: Pay August telephone bill. September 11: Purchase baking supplies in amount of $7,000 from vendor on account. September 13: Paid on supplies vendor account in amount of $5,000. September 15: Accrue employee wages for period of September 1 through September 15. September 15: Pay rent on bakery space: $1,500. September 15: Record merchandise sales transaction. See “Inventory Valuation” tab for details. September 15: Record impact of sales transaction on COGS and the inventory asset. See “Inventory Valuation” tab for details. September 20: Pay employee for period ending 9/15. September 20: Purchase merchandise inventory for resale to customers. See “Inventory Valuation” tab for details. September 24: Record sales of merchandise to customers. See “Inventory Valuation” tab for details. September 24: Record impact of sales transaction on COGS and the inventory asset. See “Inventory Valuation” tab for details. September 30: Purchase merchandise inventory for resale to customers. See “Inventory Valuation” tab for details. September 30: Accrue employee wages for period of September 16th through September 30th September 30: Total September bakery sales are $20,000. $6,000 of these sales are on accounts receivable. Step Six Data (Click on the link to return to the prompt.) On September 30, the following adjustments must be made:  [Note: This is a sample.] Depreciation of baking equipment transferred to company on 7/13. Assume a half month of depreciation in July using the straight-line method.  Accrue interest for note payable. Assume a full month of interest for July. (6% annual interest on $10,000 loan from parents.)  Record insurance used for the year.  Actual baking supplies on-hand as of September 30 are $1,100.  Office supplies on-hand as of September 30 are $50. Wage calculation data: Month Hours Rate Pay 31 Jul. 10 12 120 15 Aug. 40 12 480 31 Aug. 35 12 420 15 Sep. 38 12 456 30 Sep. 40 12 480

PYTHON: This is the posted problem:

General Instructions

Create a function called DeterminePrice that will determine the cost of purchased software. The price is of the software is $350 per license. However, when purchased in larger quantities a discount is given. For quantites less than 10 copies, there is no discount. For quantities greater than 10 and less than and including 20, a 10% discount is given. For quantities greater than 20 and less than and including 30, a discount of 20% is given. For quantities greater than 30 and less than and including 40, a discount of 30% is given. Finally if someone needs to purchase more than 40 copies, a discount of 40% is given.

Your function needs to take in to it the number of quantities the user wishes to purchase. It needs to return back to main() the discount given and the total cost of the software purchase.

Output and Testing

MyProgramming Lab will call your function. Therefore, you MUST make sure you name your function DeterminePrice(). Otherwise MyProgramming lab will not be able to locate your function. Additionally when you write function make sure it first returns discount and then total. Otherwise your discount and total will not print out correctly.

When your function is run, the output from the first test will look like the following:

Enter the number of copies: 35
Discount: $ 105.00
Total: $ 8,575.00

This is my code, which runs in Python, but not MPL, which uses a Linux server to process problems:

n=int()
d=float()
total=float()

def main():

def get_num_of_copies():
n = int(input("Enter the number of copies: "))
return n

n = get_num_of_copies()

def discount():
if n <= 9:
d = 0
elif n >=10 and n <= 20:
d = .1
elif n >=21 and n <=30:
d = .2
elif n >=31 and n <=40:
d = .3
elif n >40:
d = .4
return d

d = discount()

def DeterminePrice():
total = ( (n*350) - ((n*350) * d) )
return total

total = DeterminePrice()
  
print ("Discount:\t$",format((350 * d),',.2f'))
print ("Total:\t\t$",format((total),',.2f'))

main()

So I asked the teacher for help. She said that I need to move I need to move my functions out of main (def discount, for example). I can't do that without getting "indentation" errors from Python.

These are the error messages I am getting from MPL:

     ⇒     Traceback (most recent call last):
     ⇒     File "main.py", line 90, in
     ⇒     main()
     ⇒     File "main.py", line 51, in main
     ⇒     user_quantity = int(input("Enter the number of copies: "))
     ⇒     EOFError: EOF when reading a line

A cognitive retraining clinic assists outpatient victims of head injury, anoxia, or other conditions that result in cognitive impairment. Each incoming patient is evaluated to establish an appropriate treatment program and estimated length of stay. To see if the evaluation teams are consistent, 12 randomly chosen patients are separately evaluated by two expert teams (A and B) as shown.

Click here for the Excel Data File

(a) Choose the appropriate hypotheses to test for a difference between the teams. Assume μ_d is the difference in mean lengths of team A and team B.

• H₀: μ_d = 0 vs. H₁: μ_d ≠ 0

• H₀: μ_d ≥ 0 vs. H₁: μ_d < 0

• H₀: μ_d ≤ 0 vs. H₁: μ_d > 0

(b) Specify the decision rule at the .10 level of significance.

Reject the null hypothesis if the p-value is  (Click to select)  less than  greater than  .10 .

You will need to copy and paste the data from Excel into Minitab.

(c) Find the test statistic t_calc. (Use Minitab. Round your answer to 4 decimal places. A negative value should be indicated by a minus sign.)

t_calc            

(d) Find the p-value. (Use Minitab. Round your answer to 3 decimal places.)

p-value            

(e) Make a decision.

We  (Click to select)  Do not reject  Reject  the null hypothesis.

(f) State your conclusion.

We  (Click to select)  can  cannot  conclude that the evaluator teams are consistent in their estimates.

Electric field mapping Lab Physics 2212k

1) Describe the central electric field (E) shape in the case of two parallel plates.

2) Do the distances between adjacent equipotential lines between the two parallel plates, approximately measure the same? Calculate an average value for the magnitude of the electric field between the plates.

3) Does the electric field extend beyond the edges of the plates in the two parallel plates experiment?

4) Is it possible for two different equipotential lines or two lines of forces to cross each other? Explain.

5) How does the electric field strength vary with the distance from an isolated charged particle?

6) What is the equipotential shape close to "point" electrode?
7) Where is the electric field most nearly uniform in the two opposite point charges experiment?
8) What is the central equipotential shape in the two opposite point charges experiment?

XYZ stock price and dividend history are as follows:

An investor buys five shares of XYZ at the beginning of 2015, buys another two shares at the beginning of 2016, sells one share at the beginning of 2017, and sells all six remaining shares at the beginning of 2018. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.)

A simple random sample of 60 items resulted in a sample mean of 70. The population standard deviation is  = 15.

a. Compute the 95% confidence interval for the population mean. Round your answers to one decimal place.
Enter your answer using parentheses and a comma, in the form (n1,n2). Do not use commas in your numerical answer (i.e. use 1200 instead of 1,200, etc.)

b. Assume that the same sample mean was obtained from a sample of 130 items. Provide a 95% confidence interval for the population mean. Round your answers to two decimal places.

c. What is the effect of a larger sample size on the interval estimate?

  Larger sample provides a - Larger or smaller - margin of error?

A financial institution has the following balance sheet structure:

The USD 100 million bond has a three year maturity paying 10 percent interest per year. The USD 100 million certificate of deposit has a two-year maturity and paying 8 percent interest per year. The bond and certificate of deposit will be rolled over after their maturities at the respective prevailing market rates. The financial institution expects no additional asset growth.

1. a) What will be the financial institution’s net interest income (NII) over the five-year investment horizon if the interest rate decreases by 1 percent per annum after the first year and decreases by 1 percent per annum after the third year?

2. b) What will be the financial institution’s net interest income (NII) over five-year investment horizon if the interest rate increases by 1 percent per annum after the second year and increases by 1 percent per annum after the fourth year?

3. c) Assuming that market interest rates increase by 1 per cent, the bond will have a value of USD99.9 million at the end of year one. What will be the market value of the equity for the financial institution? Assume that all of the NII in part a) is used to cover operating expenses or is distributed as dividends.

   (2.5 Marks)

4. d) If market interest rates had decreased 100 basis points by the end of year 1, would the market value of equity be higher or lower than USD30 million? Why?

Do blondes have more fun? Walking around downtown saturday night, you ask people whether they had a boring time, a good time, or a great time that night, and note their hair color. Out of 80 blondes: 20 had a boring night, 20 had a good night, and 40 had a great night. out of 120 non-blondes: 30 had a boring night, 40 had a good night, and 50 had a great night. What is the chi-square value for this data (type in box 1 to two decimal places) and is there statistically significant relationship between hair color and fun at the .05 level (type yes or no in box 2)?