Speedy Sports manufactures basketballs that sell for $ 25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Therefore, variable costs are high, totaling $ 15 per ball, of which 60% is direct labor cost. Fixed costs are $ 210,000. Last year, the firm sold 30,000 balls.

1. Compute (1) the CM ratio and the breakeven point in units and (2) the degree of operating leverage.
2. Due to an increase in labor rates, the firm estimates that variable expenses will increase by $ 3 per ball next year. If this change takes place and the selling price remains the same, what will be the new CM ratio and breakeven point in balls?
3. Refer to the data in (b) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same before tax operating income as last year?
4. Refer to the data in (b) above. The CEO feels that the company must raise the selling price of its basketballs. If the firm wants to maintain the same CM ratio as last year, what unit selling price must it charge next year to cover the increased labor costs?
5. Refer to the original data. The firm is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40%, but it would cause fixed costs per year to double. If the new plant is built, what would be the firm’s new CM ratio and new breakeven point in balls?
6. Refer to the data in (e) above.
   1. If the new plant is built, how many balls will have to be sold next year to earn the before tax operating income as last year?
   2. Presume the new plant is built and that next year the firm manufactures and sells 30,000 balls (the same number as last year). Prepare a contribution margin income statement and compute the degree of operating leverage.
   3. If you were a member of top management, would you have been in favor of constructing the new plant? Explain.

After five years, you have built a strong restaurant business called BurritoGrande. You have six locations and each of them are doing well. It’s time to expand. After thorough analysis you decide to open six new locations. You want them to be almost exactly the same, thereby reducing the design and build costs.

Your existing business generates $12millionin revenue, has cost of goods sold of approximately $8million, and operating expenses of $4.5million. The company’s existing assets are fully depreciated. You believe the new locations will be able to generate $1.8million each in their first year, which will grow by 12% each year thereafter. Gross margins and operating margins are expected to be the same as the existing business.

Each new location will cost $2.3million to design and build and require an additional investment in working capital of $500,000. You plan to open two locations in year one. One in year two, and three and two in year four. You expect to sell the business at the end of year six at a 6x multiple of after tax cash flow.

The business has a tax rate of 36%, now that Biden is going to get elected. The company’s WACC is 6.2%.

Calculate the NPV and IRR of the expansion.

Calculate the value of the combined business using the NPV approach.

Wal-Mart Predatory Pricing Case At issue was whether Wal-Mart, which had built the nation’s largest retail chain with its everyday-low-price strategy, went beyond the legally recognized retail practice of promotional pricing and intended to destroy its competition. A 1993 lawsuit filed against Wal-Mart by a group of independent pharmacies argued that Wal-Mart used predatory pricing. The Arkansas statutes, which were being tested for the first time since passage in 1937, generally forbade businesses from selling or advertising ‘any article or product … at less than the cost to the vendor … for the purpose of injuring competitors and destroying completion.’ Wal-Mart’s attorneys argued in a pretrial brief that what the law described as a ‘product’ shouldn’t be considered to apply to individual items, but rather to Wal-Mart’s ‘market basket’ or full line of products. If the entire line isn’t priced below cost, they contended it wasn’t a violation of the statute. It is obvious that in order to determine a state violation on ‘predatory pricing,’ the court must determine what principle it would accept as ‘nonpredatory’ in pricing below cost. This is indeed a gray area. The second element to be considered under state laws is whether there was an ‘intent’ to injure competition and whether in fact the result of such malice was to injure the competition. The third element was ‘recoupment.’ Were the prices ultimately raised, once the competition was put out of business?

What is predatory pricing?

Why would it matter if prices were ultimately raised once the competition was out of business?”

Dear Colleague, Earlier today I built my seventh website using HTML5, CSS3, and Bootstrap4. Bootstrap seems amazing, but it never did what it should do – make my website look better. Also, my page should have a blue theme that was provided in the CSS folder. This also didn’t work. My website is supposed to look like what is shown in Figure 1 (see below). Someone told me that there are exactly 10 errors on index.html, 10 errors on contact.html, and 10 errors on events.html. Yes, 30 errors total! Can you help me find all of the errors? Hint: You should not add ANY LINES to the code. There will never be more than one error per line number.

contact.html ( HELP FIND the 10 ERRORS IN THIS CODE )

<!doctype html>
<html>
<body>
<title>Try Boro Kids Race Series</title>

<!-- Font Awesome -->
<rel="stylesheet" href="https://use.fontawesome.com/releases/v5.6.3/css/all.css">
<!-- Bootstrap CSS -->
<href="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.1.3/css/bootstrap.min.css" rel="stylesheet">
<!-- JQuery -->
<type="text/javascript" src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.3.1/jquery.min.js"></script>
<!-- Bootstrap core JavaScript -->
<type="text/javascript" src="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.1.3/js/bootstrap.min.js"></script>

</head>
<head>
  
<div class="container-fluid">
  
  
<nav class="navbar navbar-expand-lg navbar-dark bg-primary">
<a class="navbar-brand" href="#">
<img src="images/HeaderBoroRunningMan2.gif" width="auto" height="30" alt="Running Man Logo">
</a>
<button class="navbar-toggler" type="button" data-toggle="collapse" data-target="#navbarNav" aria-controls="navbarNav" aria-expanded="false" aria-label="Toggle navigation">
<span class="navbar-toggler-icon"></span>
</button>
<div class="collapse navbar-collapse" id="navbarNav">
<ul class="navbar-nav">
<li class="nav-item active">
<a class="nav-link" href="events.html">Events <span class="sr-only">(current)</span></a>
</li>
<li class="nav-item">
<a class="nav-link" href="contact.html">Contact</a>
</li>
</ul>
<ul class="navbar-nav ml-auto">
<li class="nav-item"><a class="nav-link" href="http://www.tryborokidstri.org/" target="_blank">Try Boro</a></li>
<li class="nav-item"><a class="nav-link" href="https://www.facebook. com/TryBoroKids/" target="_blank"><img src="images/IconFacebook.png" class="iconsocial" alt="Facebook" width="auto" height="30"></a></li>
</ul>
</div>
</nav>

  
<div class="row p-5">
  
<div class="row">
  
<h2>Want to register?</h2>

<h3>Try Boro Kids 2.5K/5K Run</h3>
<p>May 13, 2020</p>
<p><a href="http://www.tryborokidstri.org" target="_blank">Click here more information</a></p>
<p> <a href="docs/2016TryBoroRunRegistrationForm.pdf" target="_blank">Download a registration form</a></p>

<h3>Try Boro Kids Trail Run</h3>
<p>October 17, 2020</p>
<p><a href="http://www.tryborokidstri.org" target="_blank">Click here more information</a></p>
<p> <a href="mailto:[email protected]">Interested? Click here to email us</a></p>

<!-- Modal Button -->
<button type="button" class="btn btn-info" data-toggle="modal" data-target="#myModal">Register Today</button>
  
<!-- Modal -->
<div class="modal fade" id="myModal" tabindex="-1" role="dialog" aria-labelledby="exampleModalLabel" aria-hidden="true">
<div class="modal-dialog" role="document">
<div class="modal-content">
<div class="modal-header">
<h5 class="modal-title" id="ModalLabel">Try Boro Registration</h5>
<button type="button" class="close" data-dismiss="modal" aria-label="Close">
<span aria-hidden="true">&times;</span>
</button>
</div>
<div class="modal-body">
<img src="images/Modal_TryBoroLogo.gif" class="img-fluid" alt="Placeholder image">
<p>Great job! Through the magic of make-believe, you are now registered.</p>
</div>
</div>
</div>
</div>

</div>
  
  
<div class="row">
<img src="images/Swap1_kidstri_CuteLook.jpg" alt="Kid athlete with a cute look." class="img-fluid" id="cute">
</div>
  
</div> <!--end of row-->

  
<footer class="footer bg-primary text-center text-black">Copyright Try Boro</footer>
  
</div>
  
</body>
</html>

Dear Colleague, Earlier today I built my seventh website using HTML5, CSS3, and Bootstrap4. Bootstrap seems amazing, but it never did what it should do – make my website look better. Also, my page should have a blue theme that was provided in the CSS folder. This also didn’t work. My website is supposed to look like what is shown in Figure 1 (see below). Someone told me that there are exactly 10 errors on index.html, 10 errors on contact.html, and 10 errors on events.html. Yes, 30 errors total! Can you help me find all of the errors? Hint: You should not add ANY LINES to the code. There will never be more than one error per line number.

events.html ( HELP FIND the 10 ERRORS IN THIS CODE )

<!doctype html>
<html>
<head>
<title>Try Boro Kids Race Series</title>

<!-- Font Awesome -->
<link rel="stylesheet" href="https://use.fontawesome.com/releases/v5.6.3/css/all.css">
<!-- Bootstrap CSS -->
<link href="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.1.3/css/bootstrap.min.css" rel="stylesheet">
<!-- JQuery -->
<script type="text/javascript" src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.3.1/jquery.min.js"></script>
<!-- Bootstrap core JavaScript -->
<script type="text/javascript" src="https://cdnjs.cloudflare.com/ajax/libs/twitter-bootstrap/4.1.3/js/bootstrap.min.js"></script>

</head>
<body>
  
<div class="container-fluid">
  
  
<nav class="navbar navbar-expand-lg navbar-dark bg-danger">
<a class="navbar-brand" href="#">
<img src="" width="auto" height="30" alt="Running Man Logo">
</a>
<button class="navbar-toggler" type="button" data-toggle="collapse" data-target="#navbarNav" aria-controls="navbarNav" aria-expanded="false" aria-label="Toggle navigation">
<span class="navbar-toggler-icon"></span>
</button>
<div class="collapse navbar-collapse" id="navbarNav">
<ul class="navbar-nav">
<li class="nav-item active">
<a class="nav-link" href="events.html">Placeholder Text <span class="sr-only">(current)</span></a>
</li>
<li class="nav-item">
<a class="nav-link" href="contact.html">Placeholder Text</a>
</li>
</ul>
<ul class="navbar-nav ml-auto">
<li class="nav-item"><a class="nav-link" href="http://www.tryborokidstri.org/" target="_blank">Try Boro</a></li>
<li class="nav-item"><a class="nav-link" href="https://www.facebook. com/TryBoroKids/" target="_blank"><img src="images/IconFacebook.png" class="iconsocial" alt="Facebook" width="auto" height="30"></a></li>
</ul>
</div>
</nav>
  
  
<div class="row">
<div class="col-1"><h2>Try Boro Events</h2>
</div>
</div>
<div class="rows">
  
<div class="col-md-6">
<img src="images/Tri_Left_KidBikeBlur.jpg" class="img-fluid rounded-circle" alt="Placeholder image">
<h3>Biking is a blur </h3>
<p>Triathlete rushing to get started in the transition. Kids get the whole experience of swimming, biking, and running.</p>
</div>
<div class="col-md-6">
<img src="images/Tri_Mid_TransDrink.jpg" class="img-fluid rounded-circle" alt="Placeholder image">
<h3>A triathlon can be exhausting</h3>
<p>When returning to transition, this participant gets some much deserved water before hitting the run.</p>
</div>
<div class="col-md-6">
<img src="images/Tri_Right_trans.jpg" class="img-fluid rounded-circle" alt="Placeholder image">
<h3>Time to get changed </h3>
<p>It not easy to get out of the pool, run down to transition, and get ready for the bike - all while soaking wet!</p>
</div>
</div>
<!-- #BeginLibraryItem "/Library/footer.lbi" -->

  
  
<footer class="footer bg-primary text-center text-white"></footer>
  
</div>
  
</body>
</html>

Fruit flies, like almost all other living organisms, have built-in circadian rhythms that keep time even in the absence of external stimuli. Several genes have been shown to be involved in internal timekeeping, including per (period) and tim (timeless). Mutations in these two genes, and in other genes, disrupt timekeeping abilities. Interestingly, these genes have also been shown to be involved in other time-related behavior, such as the frequency of wingbeats in male courtship behaviors. Individuals that carry particular mutations of per and tim have been shown to copulate for longer than individuals that have neither mutation. But do these two mutations affect copulation time in similar ways? The following table summarizes some data on the duration of copulation for flies that carry either the tim mutation or the per mutation (Beaver and Giebultowicz 2004):

b) Do the populations carrying these mutations have different variances in copulation duration? Enter the calculated F-value.

c) Do the populations carrying these mutations have different variances in copulation duration? Finish this hypothesis test and describe your conclusion.

A newly built old age home has 50 townhouses. Residents may only plant clivias, rose bushes and lavenders in their gardens. Of the 50 gardens 20 grow clivias, 22 grow roses, and 24 grow lavenders. (Residents do not necessarily plant only one of the kinds of plants.) Furthermore, some gardens grow the following: 6 grow clivias and rose bushes 8 grow clivias and lavenders, (Residents do not necessarily plant only two of the kinds of plants.) 4 grow clivias, rose bushes and lavenders. How many gardens have rose bushes and lavenders, but no clivias?

1) A burial mound built by the Etruscans a) dromos b)tumulus c)sarcophagus d)tholos

2)The 5^th c. BC Athenian statesman who commissioned the Parthenon was a)Praxiteles b)Augustus c) Pericles d)Diocletian

3)Multistoried Roman apartments are a)insulae b)citadels c)villas d)forums

4)A public square in a Roman city is a)acropolis b)agora c)forum d)basilica

5) A rectangular Roman building used for public gatherings/governmental function is a)temple b)tumulus c)basilica d)forum

6)An arch extended is a a)cyclopean wall b)barrel vault c)corbelled arch d)groin vault

7)A volcanic eruption in 79 preserved the city of a)Rome b)Ostia c)Pompeii d)Syracuse

8) The Pont du Gard serves as a)bridge b)aqueduct c)both a and b

9)The two main orders of Greek temple design are a)Pompeii and Herculaneum b)Doric and Ionic c)Doric and Corinthian d)Ionic and Corinthian

10) What significant early Christian church located in Rome was commissioned by Constantine a)Hagia Sophia b)Santa Constanza c)Old St. Peter’s d)St. Peter’s and St. Paul’s

11) Etruscans placed temple decoration on the a)roof b) pediments c) frieze d)they did not decorate temples

12) The underground burial sites of the early Christians are called a)insulae b)cemeteries c)catacombs d)tumulus

13)What former Roman city (in Syria) contained both a synagogue and a Christian community house a)Dura-Europos b)Ravenna c)Constantinople d)Rome

14)Romans invented a)concrete b)tufa c)terracotta d)asphalt

15)The sculptor of the Man Scraping Himself/ The Scraper (Apoxymenos) was a)Praxiteles b) Pericles c)Polykleitos d)Lysippos

16)The semicircular recess at one end of a Christian church, usually indicating the location of the altar is a)basilica b)apse c)nave d)baldacchino

17)Thought to be first Christian Roman emperor a)Diocletian b)Constantine c)Trajan d)Augustus

18)The Etruscans lived in a)Greece b)Italy c)Turkey d)France

19) Roman copies of Greek sculptures are a)bronze b)marble c)terracotta d)sandstone

20) Macedonian leader who expanded the borders of the Greek world a)Pericles b)Alexander the Great c)Augustus e)Julius Caesar

21) A stone coffin a)tumulus b)tufa c)sarcophagus d)insula

22) Roman architect/engineer who described a typical Etruscan temple a)Augustus b)Vitruvius c)Palladio d)Virgil

23) Roman emperor who returned to Rome with treasures from Jerusalem a)Vespasian b)Hadrian c)Titus d)Diocletian

24) The last period of Greek art and architecture is known as a)Archaic b)Classical c)Hellenistic d)Geometric

25)Greeks would put sculpture on the a)pediments b)metopes c)frieze d)all of the above

26)The Greeks exaggerated features in their art (muscles and anatomy) A) True B) False

27)The top of a column is a a)styobate b)pediment c)capital d)metope

28) In early Christian Art, a figure with both hands raised a)worshipper b)plebe c)orant

d)believer

29) The Etruscans came/lived before the Romans A) True B) False

30) Early images of Jesus in art show him as a shepherd A) True B) False

Information: Thomas Perdue had built up a successful development company. When he became city commissioner, everyone said it was good to have a businessperson on the commission. They said businesspeople know how to control costs and make sound economic decisions, and Thomas could help the city tighten its belt. One of his first projects was an analysis of the human resources department. He claimed that if the whole function was outsourced, it would save the taxpayers money. A year later, after painful layoffs and a bumpy transition, the new contractor, NewSoft, was in place. Two years later, NewSoft’s billing rates had steadily increased, and there were complaints about service. After five years, the supposed savings had vanished, and Thomas had moved on to state government, his campaigns fueled by “generous” campaign contributions from companies like NewSoft. Requirement: After reading all differential analysis resources and viewing the videos, answer the following question 2 questions in your own words, using complete sentence structure and grammar. Please use citations if applicable. The attached rubric displays grading criteria. For this specific assignment, feedback will be given 24 hours after the due date. There is one attempt on this assignment. This assignment should be submitted based on individual knowledge and is not group based. Questions 1.Although this case differs from “fraud” in the usual sense, describe the conflict of interest in this case. Who benefitted, and who did not?. 2.When making business decisions of this sort, some factors are quantitative, and some are qualitative factors. Discuss some of the qualitative factors related to this case.