Questions
Instructions: Work on the following questions/problems. Be sure to answer all questions (and sub questions within...

Instructions: Work on the following questions/problems. Be sure to answer all questions (and sub questions within a problem).

  • USE this as you answer sheet (adjust spacing as necessary). Show solutions.
  • This worksheet can be handwritten BUT be sure it is legible
  • Upload work to the designated link in Canvas
  1. (15 points) Suppose John, the owner-manager of a local hotel projects the following demand for his rooms:

                        Price ($)          Qty. Demanded

                        90                    100

                        110                  90

                        130                  70

                       

  1. Calculate the price elasticity of demand between $90 and $110 using the midpoint formula
  2. Is the price elasticity of demand elastic, inelastic, or unit elastic at this price range (re: a)? Interpret the actual number you calculated.
  3. Is it a good idea for John to raise his price from $90 to $110? Explain in 2 sentences.
  4. Calculate John’s total revenue when price is $110 vs. when price is $130.
  5. Based on your answers in (d), is demand elastic, unit elastic or inelastic at that price range (re: d)?
  1. Consider the two products – laundry soap and Tide washer soap. Which product will have the more inelastic demand? Explain in 2-3 sentences. (5 points)
  1. TRUE or FALSE. Suppose the market for crude oil experiences a decrease in demand. Assuming a relatively inelastic supply for crude oil, this market shock leads to a relatively smaller decrease in equilibrium price. Include a graph to illustrate and explain in 2-3 sentences (5 points).

In: Economics

Step 1- Choose one of the following scenarios: Stage collapse at an outdoor concert (No deaths,...

Step 1- Choose one of the following scenarios:

Stage collapse at an outdoor concert (No deaths, 50 in hospital with minor injuries

An awards event happened at a local hotel and 5 people are in hospital with food poisoning

Theft by an employee at a non-profit

  1. Drunk driving charge by a politician

  1. COVID-19 outbreak at a hospital (we will downplay this from the current situation)

Step 2 – Complete each of the following items based on the scenario that you have chosen

You are the public relations director for one of the above scenarios and you know that within days negative headlines and TV news stories will appear throughout the local news.

a. What do you do first?

b. What public are you most concerned with?

c. How will you respond to the media?

d. Why is it important that you respond?

  1. Pretend you are holding a press conference to provide information to the media and public in room 246 at TCC on April 13th at 10 am.

  1. Write a media advisory to encourage the media to cover your press conference

  1. Anticipate questions that you would receive from the media at the press conference

  1. Write down potential questions from the media and prepare the answers applying the readings you reviewed in this module to your responses.

  1. Develop 2-3 key message points and a sound bit to provide to the reporter

  1. Write a press release that would be sent out to your media contacts after the press conference.

In: Operations Management

Your friend Bob owns a 2019 Chevrolet Corvette. Your friend Bobnever lets you drive his...

Your friend Bob owns a 2019 Chevrolet Corvette. Your friend Bob never lets you drive his Corvette. Your friend Bob, does however, go out of town a lot. One day, Bob gives you a call and asks if you can drive him to Quincy Airport. Bob even agrees to let you drive the Corvette to take him to the airport. Wanting to get behind the wheel of Bob’s 2013 Corvette, you agree to drive Bob to the airport. The day of the flight, Bob drives to your house in the Corvette. Bob hands you the keys, and you drive Bob to the airport without incident. You make it home from the airport without incident. You park the Corvette in your driveway, next to your car. Three days pass without incident (Bob’s trip is for a week). On the fourth day, you notice someone broke the driver side window of Bob’s Corvette. You tell Bob what happened. Bob becomes upset. Bob says the Corvette was “your responsibility” and that you owe him for the damage. Bob sues you for the damage done to the Corvette.

Do you have to pay Bob? Was a bailment created? If so, what type of bailment? What is the appropriate duty of care, if any? Be sure to fully explain your answer, after all, Corvette damage (no matter how slight) is never cheap.

In: Finance

Suppose we wish to build a multiple regression model to predict the cost of rent (dollars)...

Suppose we wish to build a multiple regression model to predict the cost of rent (dollars) in a city based on population (thousands of people), and income (thousands of dollars). Use the alpha level of 0.05.

City Monthly Rent ($) 2018 Population (Thousands) 2010 Median Income (Thousands of Dollars)
Denver, CO 998 586.158 45.438
Birmingham, AL 711 212.237 301.704
San Diego, CA 1414 1307.402 61.962
Gainesville, FL 741 124.354 28.653
Winston-Salem, NC 750 239.617 41.979
Memphis, TN 819 646.889 36.535
Austin, TX 900 790.39 51.236
Seattle, WA 1219 618.66 58.99
Richmond, VA 735 204.214 37.735
Charleston, SC 812 120.083 47.799
College Park, MD 1407 30.413 66.9
Savannah, GA 789 136.286 32.778
Minneapolis, MN 988 394.578 45.625
Detroit, MI 650 713.777 29.447
Baton Rouge, LA 827 229.493 35.436

5. What are the values of the estimated slope for the variable “Population”? Interpret the value in terms of actual names of IVs and the DV.

6. Does Income significantly influence the Rent at the alpha level of 0.01? Make sure to show which values you use to make the decision.

7. Does Population significantly influence the Rent at the alpha level of 0.01? Make sure to show which values you use to make the decision.

In: Statistics and Probability

1.)How would you describe the motion of the pendulum? a.)Rotational Motion b.)Linear motion c.)Oscillatory Motion 2.)What...

1.)How would you describe the motion of the pendulum?
a.)Rotational Motion
b.)Linear motion
c.)Oscillatory Motion
2.)What is the shape of the graph of position versus time for the pendulum?
a.)Exponential
b.)Sine Wave
c.)Circular
d.)Tangential
3.)What is the shape of the graph for position versus time for the spring?
a.)Circular
b.)Exponential
c.)Sine Wave
d.)Tangential
4.)What were the variables that were changed for the experiment?
a.)Velocity of the weight
b.)Temperature of the room
c.)Mass of the weight
d.)length of the pendulum
5.)Which variable affects the period of the pendulum more?
a.)Length of the pendulum
b.)Velocity
c.)Mass of the pendulum
d.)Spring constant
6.)What variable affects the time period of the spring?
a.)Length the spring is extended to
b.)Mass of the weight
c.)Length of pendulum
d.)Gravitational acceleration
7.)What are two examples where a pendulum is used for timing? (Choose two)
a.)Grandfather Clock
b.)Metronome
c.)An amusement park swing
d.)A stopwatch
8.)What are the sources of error for both experiments?
9.)A pendulum on Earth has a period of 1 second. What will be its period on the moon whose gravity is one-sixth that of the Earth?
10.)Given two mass spring systems such that the spring constant of the first is twice the second and the mass of the second is thrice that of the first, calculate the ratio of the period of the first to that of the second.

Answer value

In: Physics

I try to add the table content work, they will not allow me.. see below in...

I try to add the table content work, they will not allow me.. see below in another post pls

One question pls i need help with this, kindly show your work as well so that i can learn. I WILL RATE IT AND LEAVE A COMMENT. THANKS

Tidal Wave is considering purchasing a water park in San Diego comma California​, for $ 1 950 000. The new facility will generate annual net cash inflows of $ 500 000 for eight years. Engineers estimate that the facility will remain useful for eight years and have no residual value. The company uses​ straight-line depreciation. Its owners want payback in less than five years and an ARR of 10​% or more. Management uses a 14​% hurdle rate on investments of this nature.

Requirement 1. Compute the payback​ period, the​ ARR, the​ NPV, and the approximate IRR of this investment.​ (If you use the tables to compute the​ IRR, answer with the closest interest rate shown in the​ tables.) ​(Round the payback period to one decimal​ place.)

The payback period is

years.

​(Round the percentage to the nearest tenth​ percent.)

The ARR (accounting rate of return) is

%.

​(Round your answer to the nearest whole​ dollar.)

Net present value $

The IRR​ (internal rate of​ return) is between

16% and 18%

20% and 22%

22% and 24%

18% and 20%

.

Requirement 2. Recommend whether the company should invest in this project.

​Recommendation:

Do not invest in the new facility.

Invest in the new facility.

In: Accounting

Reno, Inc., is considering a project to establish a plant for producing and selling consumer goods...

Reno, Inc., is considering a project to establish a plant for producing and selling consumer goods
in an under developed country. Assume that the host country’s economy is very dependent on
oil prices, the local currency of the country is very volatile, governance standards are quite
Page | 4
compromised with a high pedigree of unfair practices and the sovereign or country risk is
considered to be high. It is known that the host country’s economic conditions are un-related to
U.S. economy and the global economy other than material changes that relate and/or emanate
in external environment due to oil price changes.
Required:
a) Should the required rate of return (and therefore the risk premium) on the project be
higher or lower than that of other alternative projects in the i) United States; ii) any
other G-7 country; iii) Pakistan? Explain with cogent reasons.
b) Assume that the required rate of return is 20% in the first year of operations and
increases by 2% every year for 5-years. Based on financial projections and estimated
cash flows, return on equity (ROE) is expected to be in the ball park of 18% in Year-1,
whereas moving forward in Year-2 through Year-5 it is expected to remain in range of
30% per annum. Based on these numbers, would you recommend that Reno should
move ahead with this new investment? Why or why not? Explain with cogent reasons.

In: Finance

There are 3 short answer questions in this paper. Type your answers where indicated. Your answers...

There are 3 short answer questions in this paper. Type your answers where indicated. Your answers can be in bullet point form.

A local resort in the Blue Mountains is for sale.

  1. What are the potential valuation effects of COVID-19 and of the bad bushfire season the year before? Identify how these events would be taken into consideration in a valuation model. Be sure to identify positive or negative valuation effects and whether these effects are short term or long term.

Type answer here

The government has identified an area of the national park near the resort that they are going to release for sale for development to raise money. The sale of the land is being done by sealed bid auction with the government committee deciding which offer to accept based on several criteria including the amount offered as well as the plans for development. You find out that someone on the committee is trying to solicit a kickback of 15% to award the contract.

  1. You tell your boss and she tells you that this is how the industry works. What should you do? Can you identify any examples of this type of corruption has occurred in Australia or by Australian companies?

Type answer here

The resort monitors all the sales and COGS in each of the departments and they noticed that COGS have been increasing in the restaurant without any change in the revenues.

What are some of the possible explanations for the increasing COGS? How would you investigate fraud-related potential explanations?

In: Accounting

Choose any market of your choice and you can get market data from reputable online sources...

Choose any market of your choice and you can get market data from reputable online sources

Create four portfolios with hypothetical money of approximately $10000 each.

This portfolios should be constituted as follows:

Portfolio A should have 8 common stocks which you expect to do well

Portfolio B Should have 8 common stocks which you expect to do poorly

Portfolio C should have 8 common stocks picked up randomly.

Portfolio D should have 8 common stocks which you expect to do well (portfolio A) and you change this portfolio if need be.

Portfolio E should I have 8 common stocks which expect to do poorly (portfolio B) and change the portfolio if need be.

portfolio F 3 mutual funds and 3 ETFs

Please follow the following guidelines


For each investment selection please indicate
the following
A. What you purchased that is purchased 100 shares of bottomless gold mines at two dollars per share.
B. Date of purchase
C. Brokerage cost

2. Write a detailed report on portfolios A and B giving resource for why you have chosen each stock.
3. Idle money earns no interest. Don't just hold on to your $60000 cash. Park it temporarily where it will earn interest.
4. Write a detailed report on your portfolio results.

In: Finance

Project 2: Capital Budgeting Activity Scenario: Your client owns a successful restaurant in downtown Chicago (at...

Project 2: Capital Budgeting Activity
Scenario:
Your client owns a successful restaurant in downtown Chicago (at least pre-Covid-19!). She wants to open a second restaurant in the suburbs and has asked you to help her choose between two locations. Key information is listed below. Using the four capital budgeting methods that we know, prepare a presentation that shows your recommendation to your client (and why).

Initial Investment: 2,500,000 and use 9% discount rate

Forest Park (10% tx rate) Rosemont (10.25% tx rate)
Annual Cash Flows $1,000,000 $1,100,000
Annual Cash Outflows $400,000 $650,000
# years of expected useful life of project 25 30

Annual non-cash (all depreciation) expenses:
Use straight line depreciation to find!
For both, assume no residual value and: 9% discount rate

REQUIREMENTS:
Prepare a PowerPoint that you would give/show to your client that clearly identifies your recommendation as to which location she should select to open her second restaurant. Additional MUST HAVES, include clearly identified calculations of the four capital budgeting methodologies (showing your work, not the work of Google or Excel programmers!) we have used in this module, and sufficient information on what these metrics mean, particularly as it relates to your preference decision.

In: Accounting