What can you infer about the changes in U.K. pound–euro exchange rate during July and August 2014? Can you think of a reason for the behavior of that exchange rate?
If the dollar continues its upward path against the euro, what do you predict will be the consequences for U.S. and European relative inflation rates?
In: Economics
You will investigate how unnatural amino acid mutagenesis works. Take time to examine what changes needed to be made to the tRNA to allow for an unnatural amino acid to be used instead of the native substrate. Also focus on what codons are used to recognize the modified tRNA. How many different codons are there that can be used? What are they called?
In: Biology
Discussion Question 1:
Budget vs. Actual
Describe why percentage changes identified in the budgeted vs.
actual reports need to be interpreted carefully.
Provide a numerical example to aid in your explanation.
Discussion Question 2:
Paper vs. Excel vs. QuickBooks
Based on what you have learned in studying accounting in textbooks and in some cases utilizing Microsoft Excel templates for completing assignments, would you prefer to use paper, Excel, or QuickBooks to prepare financial statements and reports? Would you use just one program, both, or some other software?
In: Finance
| eBook
Problem 6-07 The following are monthly percentage price changes for four market indexes.
Compute the following.
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In: Finance
Mark from Mark's Mowers wants to make some changes to his business. He has asked each of his department managers (Production, Marketing and Sales) to submit a plan for growth to you the General Manager.
Currently Mark is selling 500 lawn mowers a month at $250 each. His variable cost per lawnmower is $180 each. His fixed cost per month are $ 25,000.
For purposes of this project assume that each scenario is within the relevant range (no larger space is needed, no additional people will be needed, and no additional fixed cost will be necessary.
The Sales Department is considering three different alternatives.
How much money will Mark make in each of the separate situations? Which of the scenarios is best and why?
1. Offer a commission of $ 5 per mower to the sales force. They believe that this will increase sales by at least 20 units.
2. Offer a commission to the sales force of $15 per mower. They believe that this will increase sales by at least 35 units per month.
3. Offer a commission of $ 25 per mower and increase the cost of the mower by $10. Even with the higher price, they believe it would increase mower sales by at least 40 mowers per month.
In: Accounting
Describe whether the following changes cause the short-run aggregate supply curve to increase (shift right), decrease (shift left), or neither. (a) The price level increases. (b) Input prices decrease. (c) Firms and workers expect the price level to fall. (d) The price level decreases. (e) New policies cause an increase in the cost of meeting government regulations. (f) The number of workers in the labor force increases.
In: Economics
Describe whether the following changes cause the long-run aggregate supply curve to increase (shift right), decrease (shift left), or neither. (a) The price level increases. (b) The stock of capital in the economy increases. (c) Natural resources increase. (d) The price level decreases. (e) Firms and workers expect the price level to rise. (f) The number of workers in the labor force increases.
In: Economics
PLEASE ANSWER ALL THE QUESTION!!!
1. Proponents of tax-law changes to encourage saving
would
Select one:
a. increase the number of government benefits which are means-tested.
b. favor none of the above programs.
c. argue that corporate tax rates should be decreased.
d. argue that state sales tax should be replaced with state income tax.
2. Stimulus spending in 2009 was used for
Select one:
a. providing aid to local and state governments.
b. building roads and bridges.
c. All of the above are correct.
d. making payments to the unemployed.
3. Stimulus spending in 2009 was used for:
Select one:
a. providing aid to local and state governments.
b. building roads and bridges.
c. All of the above are correct.
d. making payments to the unemployed
In: Economics
The following changes took place last year in Pavolik Company’s balance sheet accounts:
| Asset and Contra-Asset Accounts | Liabilities and Stockholders' Equity Accounts | ||||||
| Cash | $ | 21 | D | Accounts payable | $ | 65 | I |
| Accounts receivable | $ | 25 | I | Accrued liabilities | $ | 25 | D |
| Inventory | $ | 60 | D | Income taxes payable | $ | 30 | I |
| Prepaid expenses | $ | 20 | I | Bonds payable | $ | 212 | I |
| Long-term investments | $ | 22 | D | Common stock | $ | 100 | D |
| Property, plant, and equipment | $ | 410 | I | Retained earnings | $ | 85 | I |
| Accumulated depreciation | $ | 85 | I | ||||
D = Decrease; I = Increase.
Long-term investments that cost the company $22 were sold during the year for $48 and land that cost $47 was sold for $25. In addition, the company declared and paid $19 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock.
The company’s income statement for the year follows:
| Sales | $ | 1,050 | |||||
| Cost of goods sold | 460 | ||||||
| Gross margin | 590 | ||||||
| Selling and administrative expenses | 430 | ||||||
| Net operating income | 160 | ||||||
| Nonoperating items: | |||||||
| Loss on sale of land | $ | (22 | ) | ||||
| Gain on sale of investments | 26 | 4 | |||||
| Income before taxes | 164 | ||||||
| Income taxes | 60 | ||||||
| Net income | $ | 104 | |||||
The company’s beginning cash balance was $130 and its ending balance was $109.
Required:
1. Use the indirect method to determine the net cash provided by operating activities for the year.
2. Prepare a statement of cash flows for the year.
In: Accounting
What impact do lower fuel cost and other changes have on airlines net income? American Airlines group ( AAL ), the world's biggest Airline, has been reporting record profits in recent quarters. United Continental Holdings and Southwest Airlines also reported record profits. Part of what has contributed to the record it profits has been the decline in the cost of oil. the price of oil has fallen during 2014; we are spending much less at the gas pump to fill out cars. The airlines are also experiencing the effects of low oil prices; the price of jet fuel is down 18% since August 2014. Increased revenues have also contributed to the high profits in the airline industry. Overall, Airfares are up 3% for 2014. according to airlines for America, an Industry trade group. In addition, planes have been about 85% full in 2014, which is a record high for the airline industry. On the other hand, Airline spent more on fuel in 2014 than in 2010. Airlines also spent more on labor due to higher renegotiated labor contracts. Questions: A. what each of the following changes Increase or Decrease an Airlines net income (consider each item independently)? B. What income statement account would be impacted by each item? 1. The 3% increase in airfare (ticket prices). 2. The 18% decrease in the price of per gallon of jet fuel. 3. The increase in the number of seats sold. 4. The increase in the total spent on Jet fuel. 5. The increase in the cost of Labor contracts. 6. Have you experienced hirer or lower ticket prices over the last 2 years? 7. What are other ways that Airlines use to increase Revenue? 8. What are other causes for decline in the revenue of airlines? What are other factors that increase or decrease expenses of Airlines?
In: Accounting