4.2 Explain using properly labelled diagrams, why a perfectly competitive firm will earn only normal profit in the long-run.

4.3 Explain SEVEN (7) conditions necessary for a perfectly competitive market to exist.

Solve the following using a generating function:

Elizabeth is hosting a party inviting 7 friends. She bought gifts as the following: 8 teddy bears, 8 books, 5 watches. If she wants to give 16 gifts in total, where each person gets two gifts, with at least 2 teddy bears and 1 book. How many possible ways are there to choose from what she bought? Note: Don't distinguish between who gets what, just consider the 16 gifts.

Please only use a generating function, will upvote for that.

On January 1, 2016, Emily Tax Services issued $200,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued when the market rate was 8%. Required:

5.Find the selling price of the Bonds

6.Prepare an amortization schedule that determines interest at the effective interest rate.

7.Prepare an amortization schedule by the straight-line method.

8.Prepare the journal entries to record interest expense on June 30, 2018, by each of the two approaches.

Please provide details formula.

Question 3

If a 8 kg mass, moving at 7 m/s to the right, hits and sticks to a 18 kg mass, moving at 20 m/s to the right, and they travel off together at the same speed to the right, find that speed.

Hint: both masses are moving to the right, so both velocities are positive. Use the "hit and stick" or inelastic formula

Question 4

If a 11 kg mass, moving at 7 m/s to the right, hits and sticks to a 20 kg mass, moving at 4 m/s to the left, and they travel off together at the same speed, find that speed.

Hint: here, the masses are moving in opposite directions, so the velocities should have opposite signs. Call "to the right" positive and "to the left" negative. Use the "hit and stick" or inelastic formula.

Question 5

If a 1848 kg car, moving at 7 m/s north, hits and sticks to a 2250 kg truck, moving at 5 m/s south, and they travel off together at the same speed, find that speed.

Hint: here the masses are moving in opposite directions, so the velocities should have opposite signs. Call North positive and South negative. Use the "hit and stick" or inelastic formula

Also, a positive answer would indicate motion to the north and a negative answer would show southward motion - leave positive/negative in your answer.

Question 6

If a 1277 kg car, moving at 10 m/s north, hits and sticks to a 3269 kg truck, moving at 7 m/s east, find the magnitude of the final speed.

Hint: here the masses are moving north and east (or in the x & y directions) - so it's a two dimensional problem. Just like all other two dimensional problems we need to separate the x and y motions, treat each separately, and the put the two directions back together. Use the "hit and stick" or inelastic formula

• use the inelastic collision formula in the x-dir, only using the x-components of the two velocities
• use the inelastic collision formula in the y-dir, only using the y-components of the two velocities
• use the Pythagorean Theorem to combine the x & y components so as to get the magnitude of the final velocity
• use arcTan(v_y' / v_x') to get the direction of the final velocity
• if the angle doesn't end up in the first quadrant, then fix the angle

Question 7

If a 1556 kg car, moving at 6 m/s north, hits and sticks to a 3193 kg truck, moving at 10 m/s west, find the direction of the final speed.

Hint: two dimensional problem.

Question 8

If a 1220 kg train car on a one dimensional track, moving at 10 m/s north, hits and bounces off a second train car with a mass of 2338 kg , moving at 10 m/s south, find the magnitude of the final speed of the first car (the second car will have a different speed, most probably in the opposite direction).

Hint: One dimensional problem, call north positive. Use the "hit and bounce" or elastic formula that goes with car #1

Also, a positive answer would indicate motion to the north and a negative answer would show southward motion - leave positive/negative in your answer.

Question 9

If a 9 kg bowling ball, moving at 15 m/s to the right, hits and bounces off a second bowling ball with a mass of 11 kg , moving at 10 m/s to the left, find the magnitude of the final speed of the second ball.

Match each term with its most appropriate definition

1) brain

2) meninges

3) nerves

4) spinal cord

5) coma

6) concussion

7) hemiparesis

8) cerebrovascular accident

9) epilepsy

10) syncope

11) transient ischemic attack

12) electroencephalogram

13) lumbar puncture

14) cerebrum

15) cerebellum

16) pons

17) medulla oblongata

18) dura mater

19) aphasia

20) Bell's palsy

Definitions:

Loss of ability (as in a stroke) to speak

Deep sleep with no response to stimulus

Record of the electrical activity of the brain

Fainting

Largest portion of the brain, controls muscles, senses, intellect, memory, emotions

Fibers that transmit impulses from brain/spine to body

Paralysis of muscles on one side of the face

Spinal tap

Protective membranes around brain and spinal cord

“Hindbrain” assists in muscle coordination and balance

Controls respiration and heart rate

Weakness or slight paralysis on one side of the body

Pathway for impulses traveling to and from the brain

Interruption of brain function/loss of consciousness

Seizures

Tough outer layer of the meninges

Control center of the nervous system

Mini-stroke

Death of part of brain tissue from loss of blood supply

Bridge that connects the cerebellum and the brainstem

Sonya's Christmas Tree Company began operations on April 1, 2016, when Sonya bought a parcel of land on which she intended to grow Christmas trees. The normal growth time for a Christmas tree is approximately six years, so she divided her land into seven plots. In 2016, she planted the first plot with trees and watered, cultivated, and fertilized her trees all summer. In 2017, she planted her second plot with trees and watered, cultivated, and fertilized both planted plots. She continued with her plantings and cultivation every year through 2022, when she planted the last plot. In November 2022, she harvested the first plot of trees that she had planted in 2016. In 2023, she replanted the first plot.

Required:

a.  

Explain when the company should be recognizing revenue. Why is this the case?

b.  

Using your recommended revenue recognition policy, how would Sonya account for all her costs for growing the trees?

c.

Why Sonya split her land into 7 plots, and planted only one plot each year. Why didn’t she plant ALL of the land in 2016?

As the HIM manager, you have several teams that report to you, including; coding, release of information, and scanning. Below you will find some information on each team based on recent audits. Research and locate AHIMA’s productivity benchmarking standards to assist in completing the assignment.

A productivity and accuracy audit recently occurred of the five coders that report to you. Below are the results of the study:

Your department currently receives on the average 300 charts per day. Your facility compliance guidelines state that coders should maintain at least a 95% accuracy rate. Using the audit results, AHIMA’s benchmarking standard, and compliance guidelines, develop feedback for each of the coders.

Your feedback to each coder should be positive and comprehensive. Feedback must address at least productivity, accuracy, and suggestions for improvement. During this process, the department director has asked you to evaluate if you have enough staff to maintain the workload and to make recommendations for a change in staffing if necessary. Develop a proposal for staffing change if necessary.

The Sunbelt Corporation has $44 million of bonds outstanding that were issued at a coupon rate of 12.175 percent seven years ago. Interest rates have fallen to 11.50 percent. Mr. Heath, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 18 years left to maturity, and Mr. Heath would like to refund the bonds with a new issue of equal amount also having 18 years to maturity. The Sunbelt Corporation has a tax rate of 36 percent. The underwriting cost on the old issue was 3.3 percent of the total bond value. The underwriting cost on the new issue will be 1.5 percent of the total bond value. The original bond indenture contained a five-year protection against a call, with a call premium of 8 percent starting in the sixth year and scheduled to decline by one-half percent each year thereafter (consider the bond to be seven years old for purposes of computing the premium). Use Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Assume the discount rate is equal to the aftertax cost of new debt rounded up to the nearest whole percent (e.g. 4.06 percent should be rounded up to 5 percent).

a. Compute the discount rate. (Do not round intermediate calculations. Input your answer as a percent rounded up to the nearest whole percent.)
Discount Rate:_____________

b. Calculate the present value of total outflows. (Do not round intermediate calculations and round your answer to 2 decimal places.)
PV of total outflows:_________

c. Calculate the present value of total inflows. (Do not round intermediate calculations and round your answer to 2 decimal places.)
PV of total inflows:_______

d. Calculate the net present value. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.)
Net present value:_______
e. Should the Sunbelt Corporation refund the old issue?
Yes or No

On March 1, 1974, a grand jury indicted seven former aides to U.S. President Richard Nixon for attempting to cover up White House involvement in a burglary of the Democratic National Committee at the Watergate complex in Washington. On April 18, the judge in the case, John Sirica, issued a subpoena for tapes of President Nixon’s conversations with the defendants. The President’s attorney, James St. Clair, attempted to delay responding to the subpoena. The prosecutor, Leon Jaworski, then used an unusual procedure to appeal directly to the Supreme Court and request that the Court order the President to supply the tapes. The Court heard oral arguments on July 8, and the justices met on July 9 to decide the case. One justice, William Rehnquist, withdrew from the case, probably because he had worked in President Nixon’s Justice Department. Of the remaining eight justices, six quickly agreed to uphold the prosecutor’s request. Two justices, Warren Burger and Harry Blackmun, were reluctant to uphold the prosecutor’s request, because they thought his direct appeal to the Supreme Court was improper. Also on July 9, President Nixon’s attorney said that the President had “not yet decided” whether he would supply the tapes if the Supreme Court ordered him to. This statement was probably intended to pressure the Court into backing down from the confrontation. At minimum, it was probably intended to encourage some justices to vote against upholding the prosecutor’s request. If the vote was split, the President could argue that it was not sufficiently definitive for a matter of this magnitude. Jaworski believed that in the event of a split vote, the President would “go on television and tell the people that the presidency should not be impaired by a divided Court.” We will regard this as a two-player game. Player 1 is Justices Burger and Blackmun, whom we assume will vote together; we therefore treat them as one player. Player 2 is President Nixon. First, Justices Burger and Blackmun decide how to vote. If they vote to uphold the prosecutor’s request, the result is an 8-0 Supreme Court decision in favor of the prosecutor. If they vote to reject the prosecutor’s request, the result is a 6-2 Supreme Court decision in favor of the prosecutor. After the Supreme Court has rendered its decision, President Nixon decides whether to comply by supplying the tapes, or to defy the decision.

President Nixon’s preferences are as follows: • Best outcome (payoff 4): 6-2 decision, President defies the decision. • Second-best outcome (payoff 3): 6-2 decision, President supplies the tapes. • Third-best outcome (payoff 2): 8-0 decision, President supplies the tapes. • Worst outcome (payoff 1): 8-0 decision, President defies the decision. Explanation: The President’s best outcome is a divided decision that he can defy while claiming the decision is not really definitive. His worst outcome is an 8-0 decision that he then defies; this would probably result in immediate impeachment. As for the two intermediate outcomes, the President is better off with the weaker vote, which should give him some wiggle room. Justices Burger and Blackmun’s preferences are as follows: • Best outcome (payoff 4): 6-2 decision, President supplies the tapes. • Second-best outcome (payoff 3): 8-0 decision, President supplies the tapes. • Third-best outcome (payoff 2): 8-0 decision, President defies the decision. • Worst outcome (payoff 1): 6-2 decision, President defies the decision. Explanation: In their best outcome, Burger and Blackmun get to vote their honest legal opinion that the prosecutor’s direct appeal to the Court was wrong, but a Constitutional crisis is averted because the President complies anyway. In their second-best outcome, they vote dishonestly, but they succeed in averting a major Constitutional crisis. In their third-best outcome, the crisis occurs, but because of the strong 8-0 vote, it will probably quickly end. In the worst outcome, the crisis occurs, and because of the weak vote, it may drag out. In addition, in the last outcome, the President may succeed in establishing the principle that a 6-2 Court decision need not be followed, which no member of the Court wants. 1. Draw an extensive form game tree for the situation described, providing clear labels and payoffs for each player. 2. Use backward induction to make a prediction about the outcome. 3. Find out what actually happened and write a brief summary.