1. Discuss the effects of the tax on suppliers related to the following subjects:
   1. Change in resulting price and quantity.
   2. Revenue generated by the tax.
   3. Effect on consumer surplus compared to consumer surplus without the tax.
   4. Effect on producer surplus compared to producer surplus without the tax.
   5. Who pays more of the tax, consumer or producer and why?
   6. What is the effect of the tax on overall economic efficiency?

Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year period, the costs associated with one product line were as follows: first cost of $25,000, and annual costs of $16,000. Annual revenue was $25,000 and the used equipment was salvaged for $4,000. What rate of return did the company make on this product? The rate of return that the company made on the product is

• Do you think the promotion/relegation system should/could be applied to the MLB or NFL professional sports leagues in the U.S.? Why or why not?
• Given the revenue structure of U.S. professional sports teams and European football teams, which leagues will be hurt most if games/matches are played with no or fewer fans attending (ticket sales) because of covid-19? Why?

Description.           project A.     project B
project cost.          1,000,000.     1,000,000
Debt/equity ratio   30/70.            80/20
project revenue.     100,000.       100,000
annual interest rate% 5                 7

Describe the significance of each of the parties to the project. ( investors, lenders etc). Describe the best to finance project based on return on equity and interpret your solution?

Assume the Schwartz Inc is a public company with a calendar year end. Schwartz must determine when and how it will adopt the revised revenue standard.
A. In what period must Schwartz firt apply ASC 606-10
B. How must the standard be initially applied (prospectively, retrospectively)? Explain.
C. Could Schwartz early adopt if it chose to do so?

Envy Inc. an online shoe retailer, has a return policy that allows customers to return merchandise in unused condition for a full refund within 60 days of purchase. Envy knows from past experience that about 12% of sales are consistently returned.   

Describe how/when Envy should recognize revenue and provide a rational (explanation) for your answer.

DustyBins (DB) owns 19% of Markolin (M). DB is a major customer of M. DB has 6 members on M's board with another 14 from other organizations.

By the end of the year, M incurred a loss of 370300 and paid dividends of 126500. DB has recorded a dividend revenue of 9775.

How should we complete recording DB's events?

Suppose that the supply curve(private marginal cost)for a manufactured good is given by ?s=1/2p and that the demand for the productis given by ?d=14−p.Environmental damage is represented by the function MD= 1+Q.

a)What is the optimal Pigouvian tax to address the externality?

b)After the tax is imposed, what arethe levels of CS, PS, environmental damage, and tax revenue?

Assume the Green Corporation is producing 25 units of output in a purely competitive market. The firm’s marginal revenue is $15. Its total fixed costs are $100 and its average variable cost is $3 at 25 units of output. This corporation is realizing an economic profit of $______________. Please do not input the $ sign. If the answer is $40, please input 40 for your answer.

Can anyone let me know the answers for below? Thank you!

54. What is multiple arrangement in revenue recognition?

a. A sales contract that has one performance obligation

b. A sales contract that has multiple performance obligation

c. A sales contract that are entered within 30 days of the other contract

d. A sales contract that has no payment terms