Questions
Decision-Making Across the Organization Kathy and James Mohr, local golf stars, opened the Chip-Shot Driving Range...

Decision-Making Across the Organization Kathy and James Mohr, local golf stars, opened the Chip-Shot Driving Range Company on March 1, 2017. They invested $25,000 cash and received common stock in exchange for their investment. A caddy shack was constructed for cash at a cost of $8,000, and $800 was spent on golf balls and golf clubs. The Mohrs leased five acres of land at a cost of $1,000 per month and paid the first month's rent. During the first month, advertising costs totaled $750, of which $150 was unpaid at March 31, and $400 was paid to members of the high-school golf team for retrieving golf balls. All revenues from customers were deposited in the company's bank account. On March 15, Kathy and James received a dividend of $1,000. A $100 utility bill was received on March 31 but was not paid. On March 31, the balance in the company's bank account was $18,900. Kathy and James thought they had a pretty good first month of operations. But, their estimates of profitability ranged from a loss of $6,100 to net income of $2,450. Instructions With the class divided into groups, answer the following.

(a) How could the Mohrs have concluded that the business operated at a loss of $6,100? Was this a valid basis on which to determine net income?

(b) How could the Mohrs have concluded that the business operated at a net income of $2,450? (Hint: Prepare a balance sheet at March 31.) Was this a valid basis on which to determine net income?

(c) Without preparing an income statement, determine the actual net income for March.

(d) What was the revenue recognized in March?

In: Accounting

Bill has bought a new home in Canberra. He borrowed $600 000 at a rate of...

Bill has bought a new home in Canberra. He borrowed $600 000 at a rate of 3.5% p.a., which is to be repaid in annual instalments over a thirty year period. The first instalment is due on 19 March 2020.

Like Bill, on the situation above, Scott has bought a house in Canberra, borrowing the same amount, and on the the same terms. Scott’s bank, however, offers an ‘interest offset’ account facility with the loan. Like Bill, Scott’s first payment is on 19 March 2020. On the day Scott takes the loan of $600 000 out (19 March 2019), Malcolm gives Scott $100 000. Scott immediately puts the money into his interest offset account. This account also earns 3.5% p.a. (compound interest). Over the term of the loan Scott does not put any more money into the interest offset account. The interest offset account pays interest annually, and its first payment will be on 19 March 2020. a. [6 marks] Draw a cash flow diagram, from Scott’s perspective, that describes the actions of his interest offset account. Scott’s interest offset account pays its interest payments to Scott’s loan. b. [4 marks]What is the amount of Scott’s total loan repayment on 19 March 2020? c. [10 marks] Show that Scott can make the total repayments calculated in part b for only 25 years, and that in the 26th year Scott will only pay $2 047.95 (plus the interest payment from his interest offset account) to extinguish his loan.

In: Finance

Consider the following preferences and election problem. Let us assume that a president has to be...

Consider the following preferences and election problem. Let us assume that a president has to be elected. 4 candidates want to become a president, who are representing different political ideologies: A is a left-wing candidate, B is a social-democrat, C is a right-liberal candidate and D is a right-wing candidate. 20% of the voters (group left) preference A≻B≻C≻D, 30% of the voters (group social democrats) have the preference B≻A≻C≻D, 10% of the voters (group right-liberal) preference C≻B≻A≻D, 40% of the voters (group right) have preference D≻C≻B≻A. Please note the sign “ ≻ “ means “preferred to.”. In total we have 100 voters.

A What is the election outcome if a pure plurality voting system is applied? How many votes does the winner receives?

B Who will be elected if the Instant Runoff voting system is applied? Who will be the first and second ranked candidate in the first election round? How much votes will the winner get in the second round?

C. Who will win if the system of unanimity is applied?

D. Who will win, if the point-count voting is applied? Please note, the voters have to rank their preferences for the first 3 candidates like, the most preferred candidate get 3 points, the second ranked candidate gets 2 points and the third ranked candidate gets 1 point. The fourth preferred candidate get zero points. How many points will be distributed in total and how much points will the winner receive?

In: Statistics and Probability

Obligation Debt Amount Min Monthly Amount Annual Interest Rate Student loans $40,000.00 $500.00 6.00% Car loan...

Obligation Debt Amount Min Monthly Amount Annual Interest Rate Student loans $40,000.00 $500.00 6.00% Car loan $11,500.00 $375.00 9.50% Chase credit card $2,100.00 $84.00 18.00% Amazon credit card $1,050.00 $42.00 15.00% TJ Maxx credit card $380.00 $15.00 24.00% You recently graduated with a reasonably well paying job and after reviewing your budget you have an extra $200 a month to put towards paying off your debts as you have built up an appropriate savings. In exactly 12 months, you have been promised a raise that will allow you to put a total of $400 a month towards paying down debts (original $200 plus another $200). How many months will it take to pay off the chase card if you pay the minimum monthly amount listed above on the Chase card? Hint: the first month the interest rate is 18%/12 = 1.5%. The interest owed is 1.5% of $2,100 = $31.50. So you will pay down your debt by $42-$31.50 = $10.50. This means you owe $2,100 - $10.50 = $2,089.50 the next month. (Use a spreadsheet!!). Your answer is between 90 and 100 months!! Use this technique later down below.Discuss two approaches a) paying the highest interest rate debts first or b) paying of the smallest first. Which is theoretically best and which is emotionally best for people. Do appropriate research and reference.

In: Finance

Girl? Jojo is looking for his love by sending messages to strangers on a dating application....

Girl?

Jojo is looking for his love by sending messages to strangers on a dating application. Because he knows that many people are using fake profile photos, he found a way to find out the gender of the user by their user names. If the number of distinct characters in one’s user name is even, then she is a female, otherwise he is a male. Help him to find out their gender! '

Format Input:

The first line is an integer T representing the number of test cases. The next T lines each consist of a string S representing the user name in the dating application.

Format Output:

For each test case output “Case #X: ”, where X is the case number, followed by “Yay” if the user is a female, or “Ewwww” if the user is a male.

Constraints

• 1 ≤ T ≤ 100

• 1 ≤ |S| ≤ 105

• S only consist of lowercase letter.

Sample Input 1 (standard input):

1

abb

Sample Output 1 (standard output):

Case #1: Yay

Sample Input 2 (standard input):

2

abbc

za

Sample Output 2 (standard output):

Case #1: Ewwww

Case #2: Yay

Note:

On the first sample input, first test case, the user is female because there are 2 different letters namely “a” and “b”, so the output is “Yay”.

note : USE C language, integer must be the same as the constraint, DONT USE VOID, RECURSIVE(RETURN FUNCTION), RESULT, code it under int main (must be blank){

In: Computer Science

Health Systems Inc. is considering a 15 percent stock dividend. The capital accounts are as follows:...

Health Systems Inc. is considering a 15 percent stock dividend. The capital accounts are as follows:

   

Common stock (5,000,000 shares at $10 par) $ 50,000,000
Capital in excess of par* 35,000,000
Retained earnings 55,000,000
Net worth $ 140,000,000

*The increase in capital in excess of par as a result of a stock dividend is equal to the shares created times (Market price – Par value).

The company’s stock is selling for $48 per share. The company had total earnings of $12,000,000 with 5,000,000 shares outstanding and earnings per share were $2.40. The firm has a P/E ratio of 20.  


a. What adjustments would have to be made to the capital accounts for a 15 percent stock dividend? Show the new capital accounts. (Do not round intermediate calculations. Input your answers in dollars, not millions (e.g. $1,230,000).)
  


b. What adjustments would be made to EPS and the stock price? (Assume the P/E ratio remains constant.) (Do not round intermediate calculations and round your answers to 2 decimal places.)
  


c. How many shares would an investor have if he or she originally had 100? (Do not round intermediate calculations and round your answer to the nearest whole share.)
  


d. What is the investor’s total investment worth before and after the stock dividend if the P/E ratio remains constant? (Do not round intermediate calculations and round your answers to the nearest whole dollar.)
  


e. Assume Mr. Heart, the president of Health Systems, wishes to benefit stockholders by keeping the cash dividend at a previous level of $1.10 in spite of the fact that the stockholders now have 15 percent more shares. Because the cash dividend is not reduced, the stock price is assumed to remain at $48.

What is an investor’s total investment worth after the stock dividend if he/she had 100 shares before the stock dividend?
   


f. Under the scenario described in part e, is the investor better off?
  

Yes
No


g. As a final question, what is the dividend yield on this stock under the scenario described in part e? (Input your answer as a percent rounded to 2 decimal places.)
  

In: Finance

Salt Co. and Pepper Co. are in the same business and sell the same merchandise but...

Salt Co. and Pepper Co. are in the same business and sell the same merchandise but have different inventory systems: Salt’s is perpetual and Pepper’s is periodic. Both companies sell their products at a price of $10 each, and their inventory activity for March of 2020 is presented below.

Salt

Date

Description

# of Units

Unit Price

Total Cost

02/29/20

Beginning Inventory

50

$1

$50

03/08/20

Purchase 1

50

$2

$100

03/15/20

Sale

90

03/22/20

Purchase 2

50

$3

$150

03/27/20

Purchase 3

50

$4

$200

03/31/20

Ending Inventory

110

Pepper

Date

Description

# of Units

Unit Price

Total Cost

02/29/20

Beginning Inventory

50

$1

$50

03/08/20

Purchase 1

50

$2

$100

03/22/20

Purchase 2

50

$3

$150

03/27/20

Purchase 3

50

$4

$200

03/31/20

Ending Inventory

110








Required—Calculate each of the following under the assumption indicated:

1. Salt’s ending inventory at 03/31/20 assuming it uses FIFO.

2. Salt’s October cost of goods sold assuming it uses FIFO.

3. Salt’s October gross profit assuming it uses FIFO.

4. Salt’s ending inventory at 03/31/20 assuming it uses LIFO.

5. Salt’s October cost of goods sold assuming it uses LIFO.

6. Salt’s October gross profit assuming it uses LIFO.

7. Pepper’s ending inventory at 03/31/20 assuming it uses FIFO.

8. Pepper’s October cost of goods sold assuming it uses FIFO.

9. Pepper’s October gross profit assuming it uses FIFO.

10. Pepper’s ending inventory at 03/31/20 assuming it uses LIFO.

11. Pepper’s October cost of goods sold assuming it uses LIFO.

12. Pepper’s October gross profit assuming it uses LIFO.

In: Accounting

Health Systems Inc. is considering a 15 percent stock dividend. The capital accounts are as follows:...

Health Systems Inc. is considering a 15 percent stock dividend. The capital accounts are as follows:

Common stock (2,000,000 shares at $10 par) $ 20,000,000
Capital in excess of par* 10,000,000
Retained earnings 30,000,000
Net worth $ 60,000,000

*The increase in capital in excess of par as a result of a stock dividend is equal to the shares created times (Market price – Par value).

The company’s stock is selling for $36 per share. The company had total earnings of $4,000,000 with 2,000,000 shares outstanding and earnings per share were $2.00. The firm has a P/E ratio of 18.

a. What adjustments would have to be made to the capital accounts for a 15 percent stock dividend? Show the new capital accounts. (Do not round intermediate calculations. Input your answers in dollars, not millions (e.g. $1,230,000).)

b. What adjustments would be made to EPS and the stock price? (Assume the P/E ratio remains constant.) (Do not round intermediate calculations and round your answers to 2 decimal places.)

c. How many shares would an investor have if he or she originally had 100? (Do not round intermediate calculations and round your answer to the nearest whole share.)

d. What is the investor’s total investment worth before and after the stock dividend if the P/E ratio remains constant? (Do not round intermediate calculations and round your answers to the nearest whole dollar.);

e. Assume Mr. Heart, the president of Health Systems, wishes to benefit stockholders by keeping the cash dividend at a previous level of $1.10 in spite of the fact that the stockholders now have 15 percent more shares. Because the cash dividend is not reduced, the stock price is assumed to remain at $36.

What is an investor’s total investment worth after the stock dividend if he/she had 100 shares before the stock dividend?

f. Under the scenario described in part e, is the investor better off?

  • Yes

  • No

g. As a final question, what is the dividend yield on this stock under the scenario described in part e? (Input your answer as a percent rounded to 2 decimal places.)

In: Finance

2. Matilda is downloading music and videos from an online site. She is currently buying three...

2. Matilda is downloading music and videos from an online site. She is currently buying three music downloads that cost $3 each and two video downloads that also cost $3 each. The table below indicates what she reports as the marginal utility of the last music download and of the last video download in this combination of purchases.

Quantity

Price per Download

MU per download

Music downloads

3

$3

60

Video downloads

2

$3

45

As an assignment for her Microeconomics course, Matilda used the marginal utilities that she gave to her 3rd music download and her 2nd video download to complete the Experiment Tally Sheet below. Her available budget was $19.00.

Downloads of

mu (score) from

1 to 100

Price of each

$3.00

Money spent on

Downloads of

mu (score) from 1 to 100

Price of each

$3.00

Money spent on

Total Money

Total Budget

music

mu

mu/$

music

videos

mu

mu/$

videos

Spent

Remaining

1st

?

?

$3.00

1st

?

?

$3.00

$6.00

$13.00

2nd

?

?

2nd

45

15

$3.00

$12.00

$7.00

3rd

60

20

$3.00

3rd

$15.00

$4.00

4th

4th

Total money spent on music

$9.00

Total money spent on videos

$6.00

$15.00

$4.00

  1. A consumer maximizes utility when the last dollar spent on any good generates the same satisfaction as the last dollar spent on every other good. Is Matilda maximizing her utility? Explain your answer. (3 points)
  1. Should Matilda consume one more video download, to move her closer to her optimum utility? Explain your answer. (3 points)
  1. Should Matilda consume one less music download and one more video download, to move her closer to her optimum utility? Explain your answer. (3 points)
  1. Should Matilda consume one more music download, to move her closer to her optimum utility? Explain your answer. (3 points)

In: Economics

Please Answer and Explain why. 1. Marginal external costs for producing coal are MCexternal = 8Q...

Please Answer and Explain why.

1. Marginal external costs for producing coal are MCexternal = 8Q while MCinternal = 6Q. The demand function for coal is P = 180 - 4Q. How much is the level of output that is efficient from the community point of view (the socially efficient level of output)? (a) 10, (b) 20, (c) 15, (d) 18, (e) Cannot be determined because of lack of information

2. In the perfect competition market model, companies maximize profits when

  1. the difference between MR and MC is maximum
  2. MR is greater than price
  3. the difference in direction and MC is the minimum
  4. the price is not the same as MR = MC
  5. There is no right answer

3. When the minimum total cost (ATC) is minimum:

  1. AVC rises as output increases
  2. AVC plus AFC decreases with increasing output
  3. ATC = AVC
  4. MC = ATC
  5. correct answers (a) and (d)

5. For monopolists: (a) always set a price greater than MR, (b) can get a bigger profit (above the "normal rate of return") in the long term, (c) can increase prices without having to reduce the amount production because he is the only supplier in the market, (d) answers (a) and (b) are correct, (e) the answers are all correct.

6. In industrial analysis, R and D is one of the company's variables in (a) structure, (b) conduct, (c) performance, (d) environment, (e) nothing is true.

7. It is known that the demand function of an industry is Qd = 500 - 2P. When the market price in the industry is $ 50 per unit, what is the total demand? If it is assumed in industry there are 4 companies with the same market share, then how big is the IHH?

(a) Requests for 225 units and IHH of 1600

(b) Requests for 400 units and IHH of 2500

(c) Requests for 225 units and IHH of 3333.33

(d) Request for 400 units and IHH of 10000

(e) Demand of 400 units and IHH is 0 because of the market share of each

Each company is 0.

8. Suppose that the market for goods X has a CR-4 of 0.75. Assume that the industry's total sales are $ 2 million. Based on the information available, we know that the sales size of the 4 largest companies is (a) $ 1 500 000, (b) $ 1 050 000, (c) $ 500 000, (d) $ 750 000 and (e) All wrong answers.

9. Suppose that the monopolist has an inverse curve of demand for the product it produces P = 200 - 5Q. Based on this information, the marginal revenue function is

(a) MR (Q) = 400 - 2.5Q, (b) MR (Q) = 400 - 10Q, (c) MR (Q) = 200 - 5Q, (d) MR (Q) = 200 - 2.5Q, (e) There is no right answer.

10. Suppose that in a perfectly competitive market, the demand function and supply function are respectively P = 100 - 5Q and P = 10 + 5Q. Based on this information, the individual demand curve faced by a company operating in this market is (a) P = 100 - 5Q, (b) horizontal line of $ 9, (c) horizontal line of $ 55, (d) P / N = (100 - 5Q) / N, where N is the total number of companies operating in the perfect competition market, (e) There is no right answer.

In: Economics