One big international bakery group has bought all the existing individual bakery stores and formed a monopoly. The market demand remains the same and the marginal revenue of the monopoly is MR = 25-5Q. This monopoly re-allocates all the production resources, and finally its total cost becomes TC=3Q2 -8Q+9 and its marginal cost is MC= 6Q-8, where Q is in millions of units. What will be the selling price and profit for this monopoly? Illustrate the profit-maximizing price and quantity in a diagram.

Diann Ltd. had the following transactions pertaining to share investments.

Instructions:

a. Journalize the transactions.

b. Explain how dividend revenue and the gain (loss) on sale should be reported in the income statement.

A 10-yr project has an initial cost of $400,000 for fixed assets. The fixed assets will be depreciated to a $0 book value using a 20-yr straight line depreciation method. Each year, annual revenue is $60,000 and cost is $10,000. After 10 years, you will terminate the project. You expect to sell the the fixed assets for $250,000. The project is financed by 40% equity and 60% debt. The required rate of return on equity is 7% and the borrowing cost is 3%. Assume the tax rate is 25%. What is the project's NPV?

A market research firm reports to Unilever Company ( which produces and sells butter) that the estimate of the cross price elasticity between magarine and butter is approximately 1.6. Unilever's price of butter is Ghs 60 per Kilo with sales of 1000 kilos per month. The price of margarine is GHs 25 per kilo with sales of 3500 kilos per month. The price elasticity of butter is estimated to be -3. What would be the effect on the revenue and sales of Unilever and margarine sellers if Unilever decided to cut price of butter to Ghs 54.

For each of the following incorrect entries.

Journalize the appropriate correcting entry(ies).

Next prepare journal entries

2. The adjusted trial balance of Cochrane Company includes the following accounts: Debit Credit Sales $595,000 Sales Returns and Allowances $ 47,000 Cost of Goods Sold 371,400 Salaries Expense 47,000 Advertising Expense 10,000 Rent Expense 18,000 Freight-out 7,000 Utilities Expense 12,000 Depreciation Expense 12,500 Interest Revenue 4,000 Loss Due to Vandalism 3,000 The company uses a perpetual inventory system. Instructions Prepare a multiple-step income statement for the year ended December 31, 2017.

1. CASE: Newspaper Industry
Do you know how many newspaper companies are suffering from the big Revenue Drops and enormous Profit Losses [CO C]?
Let's think about All the resources that combine to produce Daily Newspapers:
Management, Editors, Reporters, Photographers, Delivery people, Printing Presses, Pulp Mills, pulp mill Workers, Ink Makers, Loggers, Logging truck Drivers and so on.

Then how come we can get a high-Quality newspaper less than one dollar?

Prepare an income statement, a retained earnings statement, and a balance sheet for the dental practice of Ted Terner, DDS, Inc. from the items listed below for the month of September.

Retained Earnings, September 1                                                                              $22,000

Common Stock                                                                                                         20,000

Accounts payable                                                                                                          7,000

Equipment                                                                                                                    30,000

Service revenue                                                                                                          25,000

Dividends                                                                                                                       6,000

Dental supplies expense                                                                                                3,500

Cash                                                                                                                               6,000

Utilities expense                                                                                                                700

Dental supplies                                                                                                               2,800

Salaries expense                                                                                                           9,000

Accounts receivable                                                                                                    14,000

Rent expense                                                                                                                 2,000

TED TERNER, DDS, INC.

Select one (1) U.S. publicly traded company and review its most recent Annual Report. (You may use one (1) of the three (3) companies you selected for your Stock Journal assignment.) Use the Income Statement and Balance Sheet to determine the changes in: assets, liabilities, and equity total revenue and net income Briefly describe the change from the current and prior years in each of these key areas and determine if the changes would be positive or negative from an investor / stockholder’s view.