Suppose you are a monopolist in the market for a specific video game. Your demand curve is given by P = 150 – Q, and your marginal cost curve is MC = Q/2. Your fixed costs equal $2000.

a. Graph the demand and marginal cost curve.

b. Derive and graph the marginal revenue curve.

c. Calculate and indicate on the graph the equilibrium price and quantity.

d. What is your profit?

e. What is the level of consumer surplus?

A house is rented with the rental price paid at the end of the first year

of Rp.13,000,000. The rental price in subsequent years decreased by

Rp.500,000 per year for the 15-year economic life of the house. The cost of

building the house is IDR 80,000,000. The cost of building a house is

incurred in year 0 and revenue from rent is received at the end of each

year. Determine the advantages or disadvantages of this scheme if the bank interest rate is

5% per year.

With the evolution of the role of technology, why do major economic variables like perceived value, willingness to pay, human roles in production and usages, human engagement in usages, production and consumption level, revenue, and jobs keep changing? Take the example of the evolution of transportation and healthcare service to clarify your explanations. How will self-driving cars likely cause discontinuity in the trends of those major variables in the transportation industry?

PLEASE ANSWER BROADLY.

Q1. If detective controls signal error flags, why shouldn’t this type of controls automatically make a correction in the identified errors? Why are corrective controls necessary?

Q2. Distinguish between the sales order, billing, and accounts receivable departments. Why can’t the sales order or accounts receivable departments prepare the bills?

Q3 Why is access control over revenue cycle documents just as important as the physical control devices over cash and inventory?

A machine was purchased for CAD 200,000, and can be sold for CAD 20,000 after 10 years of service life. The machine will generate an annual revenue of CAD 80,000 and an annual operating cost of CAD 20,000. The company pays taxes at a rate of 20% and the before-tax MARR is 10%. Given a 30% CCA rate for the machine, what is the after-tax present worth of this machine over the 10-year service period? (assume books-open case).

On January 15, 2021, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery date of March 1. The equipment was not delivered until March 31. The contract required full payment of $75,000 30 days after delivery. The revenue for this contract should be

recorded on January 15, 2021.

recorded on April 30, 2021.

recorded on March 1, 2021.

recorded on March 31, 2021.

Sandhill Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Sandhill’s annual fixed costs are estimated at $342000. The average selling price in the Wine division is $45 with a variable cost of $18. The average selling price in the Beer division is $18 with a variable cost of $9. What is Sandhill’s sales revenue at the break-even point?

a. $194940

b. $600000

c. $942000

d. $342000

Suppose that there are only 2 small countries in the world, Ascot, with a population of 31200 people, and delwiche, with a population of 24000 people. Ascot's GDP is equal to 140 million while delwiche's GDP is 224 million. Dellwich GNP has been estimated to be equal to 254 million. The revenue earned by firms that operate in Dellwich but are headquarted in Ascot is equal to 60 million.

What is Ascot's GNP?

In Ascot, the per capita GDP is $?

In Dellwich, the per capita GNP is $?

Inventory Errors Haywood Inc. reported the following information for 2018: Beginning inventory $25,000 Ending inventory 53,440 Sales revenue 1,000,000 Cost of goods sold 620,000 A physical count of inventory at the end of the year showed that ending inventory was actually $65,000.

Required: 1. What is the correct cost of goods sold and gross profit for 2018?

Assuming the error was not corrected, what is the effect on the statement of financial position at December 31, 2018?

A firm made a significant increase in the firm’s marketing expense towards the end of the fiscal year 2019. Since the marketing splurge is so late in the fiscal year, there is no expected increase in revenue in 2019. Explain how this investment would impact the firm’s Asset Turnover, operating margin, FCF, EVA, and TSR in 2019? In your opinion, how did this decision impact the firm’s financial performance in 2019 (increase, decrease, neutral, or not sure)? Explain!