Match each of the following terms to the appropriate definition.
|
A type of cost that has two components; one that does not change in relation to the volume produced and one that does change in relation to the volume produced. |
Answer 1 |
|
A type of cost that does not change in relation to volume produced. |
Answer 2 |
|
A type of cost that changes in relation to volume produced. |
Answer 3 |
|
Describes a company's cost structure and the effect of fixed costs on operating income as volume changes. |
Answer 4 |
|
A fairly accurate calculation to determine the variable and fixed components of a cost. |
Answer 5 |
|
The excess of sales over break-even revenue. |
Answer 6 |
|
A method of examining different scenarios by only examining items that have changed. |
Answer 7 |
|
A production level where certain costs remain the same. |
Answer 8 |
|
The difference between sales per unit and variable costs per unit. |
Answer 9 |
The answers for each one are one of these, Least squared regression method, Fixed Costs, Incremental Analysis, Relevant Range, Mixed Costs, Operating Leverage, Margin of Safety, Variable costs, and Contribution Margin per Unit
In: Accounting
Consider the market for Drug A, which is produced by a price-taking firm that receives a price of $100 from the industry market and decides, considering only private costs, to produce a quantity of 200 units. These decisions were guided by the firm’s goal, as always, to maximize its profits.
A government regulatory agency is contacted about significant water pollution that occurs as a result of production of Drug A. The agency examines the market and concludes that the social marginal cost for Drug A is $120 per unit when 200 units are produced. It further concludes that, were social and private costs both considered in making the output decision, 150 units would be produced instead of 200. The government therefore requires the manufacturer to produce 150 units instead.
Answer the following questions:
In: Economics
|
You will be paying $10,500 a year in tuition expenses at the end of the next two years. Bonds currently yield 8%. |
| a. |
What is the present value and duration of your obligation? (Do not round intermediate calculations. Round "Present value" to 2 decimal places and "Duration" to 4 decimal places.) |
| Present value | $ |
| Duration | years |
| b. |
What is the duration of a zero-coupon bond that would immunize your obligation and its future redemption value? (Do not round intermediate calculations. Round "Duration" to 4 decimal places and "Future redemption value" to 2 decimal places.) |
| Duration | years |
| Future redemption value | $ |
| You buy a zero-coupon bond with value and duration equal to your obligation. |
| c-1. |
Now suppose that rates immediately increase to 9%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Net position changes by | $ |
| c-2. |
What if rates fall to 7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Net position changes by | $ |
In: Finance
In a forecast of budgeted Revenues, the forecast is most affected by:
| a. |
The expertise of the forecaster |
|
| b. |
The assumptions used in preparing the forecast |
|
| c. |
The level of expenses aanticipated |
|
| d. |
None of the above answers are correct |
The concept of present-value analysis is based on the belief that:
| a. |
Today's dollar will be worth the same in 2 years |
|
| b. |
The value of a dollar in the future is less than the value of the dollar today |
|
| c. |
The value of a dollar in the future is higher than the value of the dollar today. |
|
| d. |
None of the above answers are correct |
In building a revenue forecast for your organization, your assumptions can be based upon or affected by:
| a. |
Trend analysis |
|
| b. |
Utilization changes |
|
| c. |
Payer rate changes |
|
| d. |
All of the above |
|
| e. |
None of the above |
When evaluating an organization's Total Accounts Receivable, we use the measure "Days Receivable", when using this measure
| a. |
A higher number of days receivable is better |
|
| b. |
A lower number of days receivable is better |
|
| c. |
This is the wrong measure to use, instead we should use Days Cash on Hand |
|
| d. |
None of the above answers are correct |
In: Finance
Arizona News Central--EPA’s new clean-water rules hit Arizona, Southwest hardest
WASHINGTON –January 24, 2020-- Clean-water rules unveiled Thursday by the Trump Administration remove the vast majority of Arizona’s waterways from federal oversight, a change environmentalists call bad news in a region where water is super precious and the population is growing. The newest action sparked months of controversy after the Trump Administration officially proposed the change last February. An EPA science advisory board criticized the action that this newest attack on the environment will spoil much of the state’s remaining water supply.
2A. Below construct a market for Arizona water labeling supply and demand with subscript “1” and that the supply of water is fixed.
2B. Write a phrase from the article that speaks to two factors changing the market for water in Arizona.
2C. Return to the market above and make changes to the market consistent with information in the article. Label all new curves and new equilibrium price and quantity with subscript “2”.
2D. Give an economic justification for changes made to the market. (Note: An economic justification is a reason for moving a curve in a market.)
In: Economics
|
You will be paying $10,700 a year in tuition expenses at the end of the next two years. Bonds currently yield 10%. |
| a. |
What is the present value and duration of your obligation? (Do not round intermediate calculations. Round "Present value" to 2 decimal places and "Duration" to 4 decimal places.) |
| Present value | $ |
| Duration | years |
| b. |
What is the duration of a zero-coupon bond that would immunize your obligation and its future redemption value? (Do not round intermediate calculations. Round "Duration" to 4 decimal places and "Future redemption value" to 2 decimal places.) |
| Duration | years |
| Future redemption value | $ |
| You buy a zero-coupon bond with value and duration equal to your obligation. |
| c-1. |
Now suppose that rates immediately increase to 11%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Net position changes by | $ |
| c-2. |
What if rates fall to 9%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Net position changes by | $ |
In: Finance
Creat a program that is part of a control system for a house. Create two Boolean variables: doorUnLocked and lightOn. Set both to false. Create an int variable: currentTemp. Set the currentTemp value to 70 Create two more Boolean variables: heatOn and coolingOn. Set both of these values to false. Ask the user if they want to unlock the door, turn on the light and what value the temperature should be. If they want to unlock the door, set doorUnlocked to true. If they do not want to unlock the door, set the doorUnlocked value to false. If they want to turn on the light set lightOn to true. If they do not want to turn on the light set the lightOn to false. For the desired temperature value, if the desired value is the same as the currentTemp, do nothing. If the desired value is less than the currentTemp set coolingOn to true and heatOn to false. If the desired value is more than the currentTemp set heatOn to true and coolingOn to false. Display the state of the door (locked or unlocked), the state of the lights (on or off) and the desired temperature and the current temperature. Ask the user if they want to make changes. If they do, loop back and ask for all three values again. If no changes are desired, end the program.
In: Computer Science
1. When comparing a range of viral populations in a particular year what characteristic is most associated with survival of the population to the next year.
A) a high rate of change in sequences at antigenic sites
B) a high rate of change in sequences generally
C) movement to a new host
D) ability to overwhelm the immune system
E) a low mutation rate
2. Some sharks migrate from the ocean to live in a freshwater lake. After a few generations scientists sequence an enzyme involved with moving ions across cell membranes in both the ancestral ocean population and the lake population. After correcting for the number of possible changes they found 3.3 nonsynonymous changes in the sequence for every synonymous change. This is evidence for which of the following?
A)No selection on the enzyme
B)Positive (directional) selection on the enzyme
C)Negative (stabilizing) selection on the enzyme
D)Ambiguous (disruptive) selection on the enzyme
3. Which evolutionary forces will tend to cause populations to diverge from one another genetically when they (the populations) are geographically isolated?
A) mutation, drift, selection
B) mutation, drift, migration
C) migration, drift, mutation
D) migration, selection
E) migration, selection, drift
In: Biology
At the end of the year, a company offered to buy 4,690 units of
a product from X Company for a special price of $12.00 each instead
of the company's regular price of $19.00 each. The following
information relates to the 67,200 units of the product that X
Company made and sold to its regular customers during the
year:
| Per-Unit | Total | ||
| Cost of goods sold | $8.01 | $538,272 | |
| Period costs | 2.53 | 170,016 | |
| Total | $10.54 | $708,288 | |
Fixed cost of goods sold for the year were $130,368, and fixed
period costs were $73,920. Variable period costs include selling
commissions equal to 2% of revenue.
6. Profit on the special order is
| Tries 0/3 |
7. Assume the following two changes for the special order: 1)
variable cost of goods sold will increase by $0.90 per unit, and 2)
there will be no selling commissions. What would be the effect of
these two changes on the special order profit?
| Tries 0/3 |
8. There is concern that regular customers will find out about the
special order, and X Company's regular sales will fall by 500
units. As a result of these lost sales, X Company's profits would
fall by
In: Accounting
At the end of the year, a company offered to buy 4,520 units of
a product from X Company for a special price of $12.00 each instead
of the company's regular price of $17.00 each. The following
information relates to the 66,200 units of the product that X
Company made and sold to its regular customers during the
year:
| Per-Unit | Total | ||
| Cost of goods sold | $8.63 | $571,306 | |
| Period costs | 2.28 | 150,936 | |
| Total | $10.91 | $722,242 | |
Fixed cost of goods sold for the year were $141,668, and fixed
period costs were $69,510. Variable period costs include selling
commissions equal to 2% of revenue.
6. Profit on the special order is
| Tries 0/3 |
7. Assume the following two changes for the special order: 1)
variable cost of goods sold will decrease by $0.84 per unit, and 2)
there will be no selling commissions. What would be the effect of
these two changes on the special order profit?
| Tries 0/3 |
8. There is concern that regular customers will find out about the
special order, and X Company's regular sales will fall by 600
units. As a result of these lost sales, X Company's profits would
fall by
In: Accounting