Monopoly ABC is asking you to perform some calculations to determine its profit at the profit maximizing quantity. The equation of demand for the monopoly is P = 109 - 3Q. The TC function = 30 + 3Q. The MR function = 109 - 6Q. Let us assume constant MC at $3. (Note that P = price, Q = quantity, MR = marginal revenue and MC = marginal cost.). For Monopoly ABC calculate the profit (or loss) at the profit maximizing quantity. Please ensure that you show detailed calculations.

Aztec, Inc. had sales as follows during 2017:

Aztec expects sales in each quarter of 2018 to be 10% more than the respective quarters for 2017. If each unit sells for $100, what amounts will appear as sales revenue in the quarterly sales budgets for 2018?

• $770,000; $880,000; $990,000; $880,000

• $630,000; $720,000; $810,000; $720,000

The cost function C and the price-demand function p are given. Assume that the value of C(x) and p(x) are in dollars. Complete the following. C(x) = x2 100 + 7x + 2000; p(x) = − x 40 + 5 (a) Determine the revenue function R and the profit function P. R(x) = P(x) = (b) Determine the marginal cost function MC and the marginal profit function MP. MC(x) = MP(x) =

Here is a picture of the problem: https://gyazo.com/6ce694b737f7dd4cfb20fbb9d1917420

An account balance is:

a.The total of the credit side of the account.

b. The total of the debit side of the account.

c. The difference between the total debits and total credits for an account including the beginning balance.

d. Assets = liabilities + equity.

e. Always a credit.

2. debit is used to record which of the following:

a. A decrease in an asset account.

b. A decrease in an expense account.

c. An increase in a revenue account.

d. An increase in the common stock account.

e. An increase in the dividends account.

1. Big 4 Sporting Goods sold $1,000,000 of products in March 2019 to retail customers in San Diego. San Diego imposes an 8.0% sales tax. Customers returned $50,000 of items during March 2019.   Big 4 paid the sales tax due for March on April 5. Show the entries in the T accounts below (ignore the allowance method of accounting for sales returns.)

the The Polynesian Urbanization Authority (PUA) buys new computuers for $100,000 in May. They estimate annual revenue will be from $50,000 to $400,000, but most likely about $300,000 over the next 5 years.

Operating and Maintenance costs will remain constant at $75,000/year. Their MARR-9%

Inflation is a constant 2.1%

1- What is the present work of PUA's ATCF, adjusted for inflations?

2- What is the EUAW(including inflation) of the present worth of the difference between PUAs expected BTCF and ATCF for the next 5 years?

Net Income Planning Nolden Company has charged a selling price of $24 per unit, incurred variable costs of $15 per unit, and total fixed costs of $108,000. What unit sales volume is necessary to earn the following related amounts of net income before income tax? a. $18,000; b. $27,000; or c. equal to 20% of sales revenue. Round UP answers to the nearest unit, when applicable. (a) Answer units (b) Answer units (c) Answer units

In working on a bid project you have determined that $318,000 of fixed assets will be required and that they will be depreciated straight-line to zero over the 6-year life of the project. You have also determined that the discount rate should be 18 percent and the tax rate will be 35 percent. In addition, the annual cash costs will be $198,200. After considering all of the project’s cash flows you have determined that the required operating cash flow is $92,400. What is the amount of annual sales revenue that is required?

Equipment associated with manufacturing small railcars had a first cost of $190,000 with an expected salvage value of $30,000 at the end of its 5-year life. The revenue was $606,000 in year 2, with operating expenses of $98,000. If the company’s effective tax rate was 32%, what would be the difference in taxes paid in year 2 if the depreciation method were straight line instead of Modified Accelerated Cost Recovery System (MACRS)? The MACRS depreciation rate for year 2 is 32%.

The difference in taxes paid is determined to be $___________

A small country’s demand curve is given by Q=10-(P/2) and its supply curve is given by Q=P-5. Assume that there is initially free trade and that the world price under free trade is $7. If an import quota of 1.5 is now introduced in this country, what will be the change in this country’s government revenue (everything else being equal) if foreign firms have to acquire an import licence at full value?