Miller Cereals is a small milling company that makes a single brand of cereal. Recently, a business school intern recommended that the company introduce a second cereal in order to “diversify the product portfolio.” Currently, the company shows an operating profit that is 20 percent of sales. With the single product, other costs were twice the cost of rent.

The intern estimated that the incremental profit of the new cereal would only be 7.5 percent of the incremental revenue, but it would still add to total profit. On his last day, the intern told Miller’s marketing manager that his analysis was on the company laptop in a spreadsheet with a file name, NewProduct.xlsx. The intern then left for a 12-month walkabout in the outback of Australia and cannot be reached.

When the marketing manager opened the file, it was corrupted and could not be opened. She then found an early (incomplete) copy on the company’s backup server. The incomplete spreadsheet is shown as follows. The marketing manager then called a cost management accountant in the controller’s office and asked for help in reconstructing the analysis.

Required:

As the management accountant, fill in the blank cells. (Do not round intermediate calculations. Round your final answers to the nearest whole number. Enter all amounts as positive values.)

The Demand and Supply model typically assumes

Which market is probably the best match for the demand and supply model?

A movement up and to the left along the demand curve means

(A little tricky.) Bikes and gasoline are substitutes. An increase in the price of gasoline causes

A movement up and to the right along the supply curve means

ECO - 252 - Macroeconomics

5. Classify each of the following as employed, unemployed, or not in the labor force.

a. The government decides to increase the minimum wage. Kirk loses his job as a result and reads through the classifieds for employment offers.

b. The Wildflour, a local bakery, experiences a decrease in sales caused by a slowing down of the economy. Due to the decrease in sales, the bakery lays off their assistant baker, John. John decides to enroll full time in a culinary school to learn new skills.

c. Sharon spent the last 13 years raising her children but she is now ready to go back to work. She started to look for a job but has not found anything yet.

d. Tao is looking for a job. He turned down a couple of offers because they did not let him use the skills he has recently acquired.

e. Alice was laid off from her job at the auto plant because a recession reduced the demand for cars. She immediately starts looking for a job but to keep busy she spends more time volunteering at her local church.

f. Karen, a software engineer, lost her job when the start-up company she was working for went bankrupt. She interviewed at five companies but was not called back. As a result she gave up looking for a job.

g. Jonathan currently works at the Federal Reserve Bank in Kansas City, but has no prospect of being promoted. He begins a job search and is called in his Kansas City office by Boeing based in Seattle.

Ms. Smokey 62 y/o white female

HPI—Here for a screening annual physical

Current Health Data:

Takes HRT, but she does not know the name of them

No known allergies

Screening tests/Last PE—in 2015 and was told that “all was normal”

Immunizations—had a Td at age 50 after an injury; takes flu shot every year

LMP was at age 54

PMH—childhood illnesses—none; only hospital stay was when she had her son, who is age 32

PMH—Osteopenia

Sexual Hx—sexually active since age 24—3 lifetime partners; widowed since last year; in a new relationship for last 2 months

Psych—sad sometimes, but no prior diagnosis of Depression

FH—Father is 82 y/o has HTN, Hyperlipidemia, COPD; Mother died at age 73—with HTN and a CVA

Personal/Social HX—she works as a junior high school teacher; she is a social smoker—2-3 cigarettes every week or so; drinks 1 glass of white wine every evening with dinner

ROS—unremarkable except for some vaginal dryness

PE: 98-70-14 130/90   BMI 36

Profile:

Age/Gender/Race risks-

Personal/Family risks-

Prevention Needs:

Screening Needs:

Counseling Needs:

Chemoprophylaxis/Immunizations:

Prevention Deficits:

Screening Deficit-

Counseling Deficit-

Chemoprophylaxis/Immunizations Deficit-

Obesity Management Plan

3) Regarding Business structure

Dan Murphy is considering a change of his business structure from the sole trader to another structure commencing on the 1st of July 2019 (starting from a new financial year).
He has provided you with the following financial and other family details.

Dan is earning $150,000 (net of deductions) per annum from his engineering business. Judith earns $10,000 (net of deductions) from her teaching job.
They have the following family members living with them.

•  Robert Murphy: Dan’s father who is 70 years old. He has retired from his job as chief executive officer of Suncorp Ltd on the 15th of July 2019 (gross income was $2,000) and has not been earning any income since retirement. Judith takes care of him as his health has deteriorated recently.

•  Jean Murphy: 19-year-old son. He is a full time university student, currently no income.

•  Xavier Murphy: 15-year-old son, full time high school student

•  Megan Murphy: 2-year-old daughter.

  Dan is considering the following options.

•  Remaining Sole trader stucture

•  Partnership with Judith in equal profit sharing ratio

•  Australian registered private company

•  Discretionary Family Trust

  Required

  Please advise which business structure would you recommend in order to minimise tax on the client’s income.
  Comment on the tax implications of each business option considered.

You’ve just received two job offers.

Offer 1 Marketing Analyst San Bruno, CA Signing bonus: $10,000 (received upfront) Starting Salary: $100,000 Expected Salary Growth per Year: 10%

Offer 2 Social Media Manager, Glossier New York, NY Signing bonus: $20,000 (received upfront) Starting Salary: $85,000 Expected Salary Growth per Year: 20%

Interest Rates on Spanish government bonds 2 yr - 2% 3 yr - 3% 5 yr - 4% 10 yr - 6% 30 yr - 9%

Interest Rates on U.S. government bonds 2 yr - 3% 3 yr - 4% 5 yr - 5% 10 yr - 7% 30 yr - 10%

Assume all cash flows occur at the end of the year.

A. Assuming your interest in the two jobs, and the costs associated with each of them (moving costs, living costs, taxes etc.), are identical, which job should you choose? Assume that your decision will be to choose the job with the higher NPV of compensation. You plan on being in whichever job you pick for 5 years.

B. What is the present value of your compensation for each of these jobs through year 3?

C. Would your decision change if you plan on quitting and going back to graduate school in 2 years?

D. What possible information would make you reverse your decision in part A?

I entered in this code for my programming fundamentals class for this question

To encourage good grades, Hermosa High School has decided to award each student a bookstore credit that is 10 times the student’s grade point average.

In other words, a student with a 3.2 grade point average receives a $32.0 credit.

Create an application that prompts a student for a name and grade point average, and then passes the values to a method (computeDiscount) that displays a descriptive message. The message uses the student’s name, echoes the grade point average, and computes and displays the credit, as follows: John, your GPA is 3.4, so your credit is $34.0.

but it says it is only halfway done, what else do i need to add or get rid of?

import java.util.Scanner;

public class BookstoreCredit

{

public static void main(String[] args)

{

Scanner abc = new Scanner(System.in); //declaring scanner to take input from user

System.out.println("Enter your name ");

String name=abc.nextLine(); //taking input from user

System.out.println("Enter your GPA ");

Float gpa=abc.nextFloat(); //taking input from user

computeDiscount(name,gpa); //calling the function

}

private static void computeDiscount(String stdName,double gradeAverage)

{

Double gpa=gradeAverage; //copying the value of gradeAverage in gpa

gradeAverage = gradeAverage*10;

int i=(int)gradeAverage; //typecasting gradeAverage to int

System.out.println(" " + stdName +" ,your GPA is " + String.format("%.1f", gpa) +" ,so your credit is $"+ i );

}

}

Statistics I – Second Analysis Project

You are part of a research team that is interested in comparing the effectiveness of two different methods for teaching physical science to middle school students. In particular, they wish to compare two individualized computer based instruction programs. One is based on behavioristic principles while the other is based on principles of cognitive theories. A sample of students is randomly selected. Individuals in the sample are then randomly assigned to one of the two instructional programs. After completing the computer-based instruction each student is given the new state physical science test. Although there are many outcomes of potential interest, this study focuses on achievement as measured by the state physical science achievement test.

The research team wishes to estimate the size of the effect and to conduct a statistical test with a set to .05. For this project you should analyze the data and write a short summary of the results. Please turn in (1) the summary, (2) the program, and (3) the output.

Welfare Reform - what are your thoughts about what is proposed below 3?

1. Nearly fifty years ago, a bit controversial lefty, Daniel Patrick Moynihan who worked for a bit right, the bit left President Richard Nixon, proposed that the much simpler system of income security be adopted.

2. The argument at the time was that if the entire budget of income security programs were directly given to the poor, they would then not be poor but rather middle class. Their logic was that much of the budget for poverty programs did not go to the lower class but much to the upper-class bureaucracy maintaining and regulating these various programs.

3. What if we had a new system that sold the buildings, retrained the bureaucrats, and ends the process of good people waiting in line to get help.

4. Keep Social Security but end virtually all income security programs and replace them with a computer somewhere in the Social Security department or perhaps the Internal Revenue. The computer would track households by social security number and perhaps some connection with the IRS to know how many dependents per household.

5. If a working household is having some bad months for adequate income, the computer simply sends them a check dependent upon the number of workers and the number of dependents.

6. No job in a household, the computer also sends them a check again depending on the number of dependents. The size of the check, perhaps what we are currently paying people on supplemental Social Security. Currently, roughly five percent of potential workers are currently on SSI.

7. Working students going to school, larger check.   

1. According to the growth accounting studies, if you lived in a country where illiteracy was high and 40% of the children left school early and did not complete their education what would probably be the results for that country?

Select one: a. Average income in the country will see significant increases. b. There would be both a human and economic loss. c. The economic status of the country would continue to rise. d. More technological breakthroughs would happen in this country.

2. According to growth accounting studies,

a country would achieve better results by promoting Select one: a. exports b. research. c. research and education. d. Education.

3.

An economy is considered to be in a recession if

Select one:

a. real GDP has increased for two consecutive quarters.

b. it is moving from one peak of the business cycle to the next.

c. it is moving from the peak toward the trough of the business cycle.

d. it is moving from the trough to the peak of the business cycle.

After getting her degree in Economics, Jeanine went to work for the Bureau of Labor Statistics. She compiles data on the unemployment rate, which serves as an economic indicator. What does this data help Jeanine to understand?

Select one:

a. How to design surveys to collect the information to calculate the unemployment rate.

b. Whether or not the banking industry is going to require federal assistance.

c. How well the economy is doing at a macro level.

d. How many new employees the Bureau of Labor Statistics should hire this year.