Given a closed, private economy where aggregate demand (AD) can
be represented as AD = c0 + c1Y + I0 where c0 is autonomous private
consumption, c1 is the marginal propensity to consume, I0 is
autonomous business investment, and Y is national income.Central
banks conduct monetary policy. Explain how through their conduct of
monetary policy central banks can influence the level of economic
activity in an economy.
In: Economics
Given the following data for a hypothetical closed economy:
|
Real GDP (GDP = Y) |
Taxes |
Yd |
C |
S |
I |
G |
AE |
|
200 |
50 |
190 |
80 |
50 |
|||
|
250 |
50 |
220 |
80 |
50 |
|||
|
300 |
50 |
250 |
80 |
50 |
|||
|
350 |
50 |
280 |
80 |
50 |
|||
|
400 |
50 |
310 |
80 |
50 |
|||
|
450 |
50 |
340 |
80 |
50 |
|||
|
500 |
50 |
370 |
80 |
50 |
|||
|
550 |
50 |
400 |
80 |
50 |
|||
|
600 |
50 |
430 |
80 |
50 |
|||
|
650 |
50 |
460 |
80 |
50 |
|||
|
700 |
50 |
490 |
80 |
50 |
In: Economics
|
A closed-end fund starts the year with a net asset value of $22. By year-end, NAV equals $23.10. At the beginning of the year, the fund is selling at a 3% premium to NAV. By the end of the year, the fund is selling at a 8% discount to NAV. The fund paid year-end distributions of income and capital gains of $2.50. |
| a. |
What is the rate of return to an investor in the fund during the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Rate of return | % | |
| b. |
What would have been the rate of return to an investor who held the same securities as the fund manager during the year? (Round your answer to 2 decimal places.) |
| Rate of return | % | |
In: Finance
In: Chemistry
In: Economics
1. Pressurized tanks are commonly used in gas propulsion for space applications. A closed, rigid and insulated tank with a volume of 0.1 m3contains 0.7 kg of N2 and 1.1 kg of CO2at 27oC. Determine the following:
a. The composition in terms of mass fractions
b. The composition in terms of mole fractions
c. The partial pressure of each component
d. The mixture pressure
e. The heat transfer required to bring the mixture to 127oC
f. The entropy change of the mixture
In: Chemistry
We have a region occupied by a homogeneous isotropic dielectric with a relative
permeability of ?? = 1 and a relative permittivity of ?? = 4. In this region, the electric field has a value;
?⃑ = ?̂(-4/R^2) ?????/?????
where ?̂ is the radial unit vector, and ? is the distance from the origin. The current density ? is zero everywhere. The electric field is constant (static) in time. Point A is on the z-axis at position (? = 0, ? = 0, ? = −2 ??????); point B is on the z-axis at (? = 0, ? = 0, ? = +4 ??????) and point C is at (? = +1 ?????, ? = +1 ?????, ? = +1 ?????). The voltage at infinity is set to zero. Finally, you are given a closed contour ?1 which forms a closed circle with its center at the origin and a radius of 1 ????? in the x-y plane. Answer the following questions and state the correct units:
(a) State (in English, no equations), what is the definition of the electrostatic potential (voltage)
between two points. State what units this potential is given in terms of the following standard
units; meters, kilograms, seconds, Joules, and Coulombs.
(b) What is the value of the path integral of the electric field around closed contour ?1?
(c) If we construct a sphere with a radius of ? = 2 ??????, and place this sphere at the point
?(? = +1, ? = +1, ? = −1). Calculate the volume integral of the divergence of the electric
field intensity ∫ ? ∙ ?⃑?v over this volume. State the correct units.
(d) What is the total flux of the electric field ∮s1 ?⃑ ∙ ??⃑1 through the closed surface ?1 surrounding this volume?
(e) Is the voltage at point C greater than, less than, or equal to zero? Write down the relevant path integral and explain your reasoning.
(f) Where is the divergence of the electric field intensity ?⃑ not equal to zero?
(g) Find the exact value of ?(?) − ?(?) by sketching the x-z coordinate plane system, performing
the appropriate path integral, and showing the path taken step-by-step. No credit will be given
for any other technique of obtaining an answer.
(h) What is the curl of the magnetic field intensity ∇ × ?⃑ at the origin (? = 0, ? = 0, ? = 0)? Write down the relevant equation and explain your reasoning.
(i) What is the work that we would have to perform to move a charge of ? = −3 ???????? from point C to infinity (∞)?
(j) Where does the divergence of the magnetic flux density ?⃑⃑ not to zero?
In: Physics
BUSI 230-Project 3
b) What the mean and Standard Deviation (SD) of the Close column in your data set?
Mean: 1198.26
Standard Deviation: 85.39
c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)
There are also 5 points for miscellaneous items like correct date range, correct mean, correct SD, etc.
In: Statistics and Probability
On October 20, 2020, Kevin Mason, President of Tropicane Juice is reviewing the financial statements of Sunnydee, a potential acquisition candidate for the company. Tropicane is an American company, which produces and distributes juice throughout North America. It is in juice production and is interested in getting into the Canadian market. Sunnydee is a Canadian company that produces similar juice products and sells these across Canada. Tropicane is a public company and Sunnydee is a private company. Sunnydee is owned by the local area farmers and was originally started as a co-operative. Of the 1,000,000 shares outstanding, 600,000 are owned by the founder of the company, Mr. S. The rest are owned by various employees. Sunnydee has a perpetual debt with a par value of $5 million and coupon rate of 6 percent. However, interest rates have decreased and now the debt has a 4 percent yield-to-maturity. Annual before-tax before-interest operating cash flows for the year just ended were $3 million. The corporate tax rate was 20 percent. Assume perpetual operating cashflows for Sunnydee’s future cashflows. Tropicane has return on equity of 12.24%, debt-to-equity ratio of 40%, and yield to maturity of 3% on its outstanding debt.
a) What do you think is the maximum acquisition price that Mr. Mason is willing to pay for acquiring Sunnydee?
b) Compute weighted average cost of capital for Sunnydee.
In: Finance
In 2020, the Alnoor Company purchased from Hamoorthe right to be the sole distributor in Muscat governance of a product called Zelenex in 2021.
Alnoor reports inventory using the periodic FIFO assumption. Late in 2021, the following information is available concerning the inventory of Zelenex:
|
Beginning inventory, 1/1/2021 (10,000 units @ $30) |
$ 300,000 |
|
Purchases (40,000 units @ $30) |
1,200,000 |
|
Sales (35,000 units @ $60) |
2,100,000 |
By the end of the year, the purchase price of Zelenex had risen to $40 per unit. On December 28, 2021, three days before year-end, Alnoor is in a position to purchase 20,000 additional units of Zelenex at the $40 per unit price. Due to the increase in purchase price, Alnoor will increase the selling price in 2022 to $80 per unit. Inventory on hand before the purchase, 15,000 units, is sufficient to meet the next six months’ sales and the company does not anticipate any significant changes in purchase price during 2022.
REQUIRED:
a) Determine the effect of the purchase of the additional 20,000 units on the 2021 gross profit from the sale of Zelenex and the payment due to Hamoor? Show calculations and explanations?
b) Assume that during 2022 Alnoor Company bought 50,000 units of Zelenex with the new purchase price, and 40% of units available for sale had been sold. Calculate the gross profit for the company for the year 2022. Show calculations and explanations?
In: Accounting