You’re Too Old! “I’m going to be blunt about it,” Dr. Carl McKensie said. “You are fifty-five, and that’s far too old to have a child.” “You’re not trying to tell me it’s impossible, are you?” Kisha Clare asked. “I’ve read that you can use donated eggs and donated sperm to fertilize them outside the body, then implant them and have a normal pregnancy. I’m sure it’s expensive, but Tom and I have got enough money, and I want to have a baby.” “Oh, it’s possible ,” Dr. McKensie admitted, “but it’s a bad idea because you’ll be too old to take care of a child properly. When he starts first grade, you’ll be sixty-two and when he graduates from high school, you’ll be seventy-four, if you are still alive!” McKensie shook his head. “You should have thought of having a child earlier.” “I had a career to work on and a lot of personal issues to deal with.” Clare frowned, remembering the long hours in the office and how relieved she was when she finally left her first husband. “I can be a better mother now than I could have been when I was thirty or even forty. I’m financial secure, I’m happy with myself, and I really want a child.” She shook her head. “Statistically, I’m going to live for another twenty-four years, and that’s enough to raise a child.” “But is it fair to a child to be raised by an old person?” “Grandparents raise children all the time.” Clare glared at Dr. McKensie. “And men have children whenever they want to, no matter how old they are. They don’t have to get permission from some doctor.” “But an older man can have children only if he has some younger woman as a partner.” Dr. McKensie glared back at Clare. “That way the child has one younger parent.” “I think you are discriminating against me,” Clare said in a flat voice. “I am,” Dr. McKensie nodded his head. “But it’s justifiable. There are compelling reasons why an older, postmenopausal woman, even if she has the money, should not be allowed to become a mother, just because she wants to. It’s unfair to society, to younger women with fertility problems, and to the child.”

1. Should we impose some age threshold, i.e. some age at which we do not allow older men to donate sperm?

2. What if Clare was a 32-year-old single woman? (Replace ‘old’ with ‘single.’) Should she receive artificial reproductive assistance?

3. What if Clare was a 35-year-old woman in a same –sex relationship? (Replace ‘old’ with ‘lesbian.’) Should she receive artificial reproductive assistance?

10. A college raises its annual tuition from $23,000 to $24,000, and its student enrollment falls from 4,877 to 4,705. Compute the price elasticity of demand. (Would demand be elastic or inelastic?) a. 1.25 b. .84 c. .56 d. 2.34 11. As the price of good X rises from $10 to $12, the quantity demanded of good Y rises from 100 units to 114 units. Are X and Y substitutes or complements? What is the cross elasticity of demand? a. .72 which would make them substitutes b. 1.34 which would make them substitutes c. -.96 which would make them complements d. -.34 which would make them substitutes

12. The quantity demanded of good X rises from 130 to 145 units as income rises from $2,000 to $2,500 a month. What is the income elasticity of demand? a. 1.56 b. .34 c. 1.10 d. .491

13. The quantity supplied of a good rises from 120 to 140 as price rises from $4 to $5.50. What is price elasticity of supply? a. 1.21 b. .487 c. .678 d. 5.45

14. On average, total utility rises as marginal utility declines. T/F T F

15. The law of diminishing marginal utility is consistent with the fact that people trade. Do you agree or disagree. Be able to explain your answer. a. Yes, I agree because people are prone to trade something of lesser value to them for something that has greater value to them. b. No, I disagree because people are prone to trade something of greater value to them for something that has lesser value to them.

16. Assume the marginal utility of good A is 4 utils, and its price is $2, and the marginal utility of good B is 6 utils, and its price is $1. Is the individual consumer maximizing (total) utility if she spends a total of $3 buying one unit of each good? (Be able to explain your answer). a. Yes b. No

Garner Industries manufactures precision tools. The firm uses an activity-based costing system. CEO Deb Garner is very proud of the accuracy of the system in determining product costs. She noticed that since the installment of the ABC system 10 years earlier, the firm had become much more competitive in all aspects of the business and earned an increasing amount of profits every year.

In the last two years, the firm sold 0.658 million units to 2,500 customers each year. The manufacturing cost is $700 per unit. In addition, Garner has determined that the order-filling cost is $51.16 per unit. The $960.00 selling price per unit includes 20% markup to cover administrative costs and profits.

The order-filling cost per unit is determined based on the firm’s costs for order-filling activities. Order-filling capacity can be added in blocks of 60 orders. Each block costs $120,000. In addition, the firm incurs $1,300 order-filling costs per order.

Garner serves two types of customers designated as PC (Preferred Customer) and SC (Small Customer). Each of the 100 PCs buys, on average, 5,000 units in two orders. The firm also sells 158,000 units to 1,000 SCs. On average each SC buys 158 units in 10 orders. Ed Cheap, a buyer for one PC, complains about the high price he is paying. Cheap claims that he has been offered a price of $800 per unit and threatens to take his business elsewhere. Garner does not give in because the $800 price Cheap demands is below cost. Besides, she has recently raised the price to SC to $908.86 per unit and experienced no decline in orders.

Required: 1. Demonstrate how Garner arrives at the $51.16 order-filling cost per unit.

2. What would be the amount of loss (profit) per unit if Garner sells to Cheap at $800 per unit?

3. What is the amount of loss (profit) per unit at the $908.86 selling price per unit for units sold to SC?

BL Aircraft manufactures and distributes aircraft parts and supplies. Employees are offered a variety of share-based compensation plans. Under its nonqualified stock option plan, JBL granted options to key officers on January 1, 2018. The options permit holders to acquire 9 million of the company's $1 par common shares for $38 within the next six years, but not before January 1, 2021 (the vesting date). The market price of the shares on the date of grant is $42 per share. The fair value of the 9 million options, estimated by an appropriate option pricing model, is $6 per option. Because the plan does not qualify as an incentive plan, JBL will receive a tax deduction upon exercise of the options equal to the excess of the market price at exercise over the exercise price. The tax rate is 40%.

Required:
1. Determine the total compensation cost pertaining to the incentive stock option plan. Determine the total compensation cost pertaining to the incentive stock option plan. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).)

2. & 3. Record the necessary journal entries on December 31, 2018, 2019, and 2020. Assume all of the options are exercised on August 21, 2022, when the market price is $43 per share. Record the necessary journal entries on December 31, 2018, 2019, and 2020. Assume all of the options are exercised on August 21, 2022, when the market price is $43 per share. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).

Roe and Adler, LLC produce fabric covers for passenger seats used in small private airplanes. Each cover is customized with the customer's choice of size, color, fabric, and logo, in addition to meeting FAA standards and requirements. Roe and Adler uses a job cost system and allocates manufacturing overhead based on direct labor hours. These are the most recent cost estimates per seat:

Direct materials - 29.00

Direct labor - 5.00

Manufacturing overhead - 9.00

Total per seat - $43.00

Rose and Adler, LLC received an order in January for 48 seat covers. At the time of this order, the selling price of one seat cover was $107.50. Delivery of the seat covers is due in April. Since the original order was placed, the same company has placed an additional order for 12 more seat covers to be delivered at the same time as the original 48 seat cover order.

Since the original order was placed in January, unforeseen world events have occurred that have increased the costs of making the covers. The first issue is an increase in the price of dye used in the fabric for the seat covers. The second issue is that a new textile manufacturer is opening nearby and offering to pay a higher wage and aggressively seeking to hire experienced labor.

Due to these events, these are the new costs estimates:

In 2003, Johnson & Johnson (J&J) introduced the first drug-eluting stent (DES), a medical device inserted into blocked arteries (in a process called coronary angioplasty) to restore blood flow. The drug-eluting stent made previous stents and other methods of restoring blood flow obsolete, as it solved the problem of secondary blood clots and blockages that plagued previous methods. Suppose the demand for DESs is Q = 9 – (P/2) where Q is the number of DESs demanded per year (in thousands) and P is the price of a DES in thousands of dollars.

(a) Suppose it cost J&J $6 thousand to produce each DES. If J&J were the only producer of DESs (e.g., because entry is prevented by J&J’s patents), what price should J&J charge for its DES to maximize profit? How many DESs would be sold at that price? (Make sure your answers are in the correct units.)

(b) In 2004, Boston Scientific figured out a way to engineer around J&J’s DES patents and introduced its own DES. However, Boston Scientific’s technology was more costly than J&J’s. It cost Boston Scientific $10 thousand to produce each DES. If physicians and patients consider the DESs of J&J and Boston Scientific identical and J&J and Boston Scientific compete by simultaneously choosing how much to produce (where the combined DES production determines the price), how many DESs will J&J produce in equilibrium? How many DESs will Boston Scientific produce? What is the equilibrium price in this case? (Again, make sure your answers are in the correct units.)

Background: This course is all about data visualization. However, we must first have some understanding about the dataset that we are using to create the visualizations.

Assignment:

• Use RStudio to generate a word document with basic data analysis of the following dataset: dataset_price_personal_computers.csv  

Questions/Requests:

• Create a summary of stats for the dataset. (provide a screen shot)
• Create a correlation of stats for the dataset. (provide a screen shot) (Hint: Transform may be needed)
• What is the Min, Max, Median, and Mean of the Price? (provide a screen shot)
• What is the correlation values between Price, Ram, and Ads? (provide a screen shot)
• Create a subset of the dataset with only Price, CD, and Premium. (provide a screen shot)
• Create a subset of the dataset with only Price, HD, and Ram where Price is greater than or equal to $1750. (provide a screen shot)
• What percentage of Premium computers were sold? (provide a screen shot)(Hint: Categorical analysis)
• How many Premium computers with CDs were sold? (provide a screen shot)(Hint: Contingency table analysis)
• How many Premium computers with CDs priced over $2000 were sold? (provide a screen shot)(Hint: Conditional table analysis)

Your document should be an easy-to-read font in MS Word (other word processors are fine to use but save it in MS Word format).

For : dataset_price_personal_computers.csv  this is the link. With the help of this you can download that csv file

https://drive.google.com/file/d/1Op6XIzU5WuVF-w1OHqdcUJXMTUICaFy0/view

Sorry, i came to know that unable to download the file. Try this link and let me know

Please provide answers for this question including screenshots and code.

Thanks

special order activity-based costing. The reward One Company manufactures windows. Its maufacturing plant has the capacity o produce 12,000 windows each month. current production and sales are 10,000 windows per month. The compan normally charges $250 per window. Cost information forthe current activity level is as follows:

Variable costs that vary with # of units produced

Direct materials                                                                                                 600,000

Direct manufacturing labor                                                                                700,000

Variable costs (for setups, materials handling, quality control, and so on)        150,000

that vary with # of batches , 100 batches * x $1500 per batch

Fixed manufacturing costs                                                                                250,000

Fixed marketing costs                                                                                      400,000

Total Costs                                                                                                    $2,100,000

Reward One just received a special one-time only order of 2,000 windows at $225 per window. Accepting the special order would not affect the company's regular business or its fixed costs. Reward One makes windows for its existing customer in batch sizes of 100 windows (100 batches x 100 windows per batch= 10,000 windows) The special order requires Reward One to make the windows in 25 batches of 80 windows.

1) Should Reward One accept this special order? Show your calculations

2) suppose plant capacity were only 11,000 windows instead of 12,000 windows each month. The special order must either be taken in full or be rejected completely. Should Reward One accept the special order? show your calculations

3)As in requirement, assume that monthly capacity is 12,000 windows. Reward one is concerned that if it accepts the special order, its existing customers will immeiately demand price discount of $20 in the month in which the special order is being filled. They would argue that Reward One's capacity costs are now being spread over more units and that existing customers should get the benefit of these lower costs. Should Reward One accept the special order under these conditions? show your calculations

Blaze Manufacturing Company is using a weighted criteria evaluation system to certify suppliers.  Oronto Enterprise, Mintco Company and Vertona Ltd. supply Blaze with components for their manufacturing process. Blaze Mfg. has scored Oronto, Mintco and Vertona on a scale of 0 to 100 (see table below).

a) Based on the weights used in the evaluation system, what is Blaze Manufacturing’s purchasing objective?  [2 points]

b) If Blaze Mfg. classifies their vendors based on the following criteria:

i. Unacceptable (score less than 50)

ii. Conditional (score between 50 and 70)

iii. Certified (score between 70 and 90) and

iv. Preferred (score greater than 90)

how well are their suppliers Oronto, Mintco and Vertona doing?  Show all calculations. [4 points]

A financial institution has the following market value balance sheet structure:

a. The bond has a 10-year maturity, a fixed-rate coupon of 10 percent paid at the end of each year, and a par value of $10,400. The certificate of deposit has a 1-year maturity and a 6 percent fixed rate of interest. The FI expects no additional asset growth. What will be the net interest income (NII) at the end of the first year? (Note: Net interest income equals interest income minus interest expense.)
b. If at the end of year 1 market interest rates have increased 100 basis points (1 percent), what will be the net interest income for the second year? Is the change in NII caused by reinvestment risk or refinancing risk?
c. Assuming that market interest rates increase 1 percent, the bond will have a value of $9,824 at the end of year 1. What will be the market value of the equity for the FI? Assume that all of the NII in part (a) is used to cover operating expenses or is distributed as dividends.
d. If market interest rates had decreased 100 basis points by the end of year 1, would the market value of equity be higher or lower than $1,400?
e. What factors have caused the changes in operating performance and market value for this FI?

Required A

The bond has a 10-year maturity, a fixed-rate coupon of 10 percent paid at the end of each year, and a par value of $10,400. The certificate of deposit has a 1-year maturity and a 6 percent fixed rate of interest. The FI expects no additional asset growth. What will be the net interest income (NII) at the end of the first year? (Note: Net interest income equals interest income minus interest expense.)

Required B

If at the end of year 1 market interest rates have increased 100 basis points (1 percent), what will be the net interest income for the second year? Is the change in NII caused by reinvestment risk or refinancing risk?

Required C

Assuming that market interest rates increase 1 percent, the bond will have a value of $9,824 at the end of year 1. What will be the market value of the equity for the FI? Assume that all of the NII in part (a) is used to cover operating expenses or is distributed as dividends.

Required D

If market interest rates had decreased 100 basis points by the end of year 1, would the market value of equity be higher or lower than $1,400? (Negative amounts should be indicated by a minus sign.)

Required E

What factors have caused the changes in operating performance and market value for this FI?