Questions
Give an example of price discrimination or personalized pricing from your company or from your general...

Give an example of price discrimination or personalized pricing from your company or from your general experience. Explain the impacts on producers and consumers. Think about things like seller profitability, market share/market power, and be sure to think about the impact on consumer welfare/consumer surplus.

In: Economics

If you are to be acquired by another company, what will be the least preferred defense...

If you are to be acquired by another company, what will be the least preferred defense maneuver of your choice? Kindly explain the defense you will least likely use and elaborate further why such defense is your least among the choices.

In: Accounting

Explain in your own words why you need to turn the brightness of the lamp up...

Explain in your own words why you need to turn the brightness of the lamp up when you use an x100 objective compared to an x10 objective

Describe in your own words what depth of field is

In: Biology

If you were the director of the Centers for Disease Control and Prevention (CDC), what measures...

If you were the director of the Centers for Disease Control and Prevention (CDC), what measures would you implement to reduce the US vulnerability to pandemics in the future? Explain your answer; use evidence to support your answer.

In: Biology

Compare and contrast Gartner's Hype Cycle with the technology S-Curve, explain, from your own opinion: -...

Compare and contrast Gartner's Hype Cycle with the technology S-Curve, explain, from your own opinion:

- What are their similarities?

- How do they differ?

- Which one is better or more suitable for your use? Why?

In: Operations Management

Create a simple 0, 1 integer model for a situation or problem you face in your...

Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem? What type of model would you use to create an optimal solution? Explain.

In: Economics

In June 2008, the Journal of the American Academy of Dermatology reported on the use of...

In June 2008, the Journal of the American Academy of Dermatology reported on the use of an intermittent therapy for flare prevention and long-term disease control of eczema (red, inflamed, itchy skin). Eczema is a chronic skin disease that affects about 10% to 20% of infants and about 3% of adults and children in the United States. Researchers wanted to determine whether intermittent dosing with a specific topical inhibitor is effective in preventing eczema flare-ups in patients with stabilized eczema. Initially, 383 adults and children with moderate to severe eczema were treated with daily doses of the topical inhibitor. After 16 weeks, 197 were disease free and admitted into the maintenance phase of the study. These patients were randomized to a 3-times-weekly treatment with either the topical inhibitor or a placebo for 40 weeks. All tubes of ointments (topical inhibitor and placebo) were packaged in identical boxes and labeled “for investigational use only.” Then the packages were sealed with tamper-proof seals and shipped. Neither the researchers nor the patients knew who received the topical inhibitor or who received the placebo. During the maintenance phase researchers tracked the number of flare-free days for each patient.

Which of the following design features contributes to double blinding?
A.Randomization of patients to one of two groups

B. Distinguishing the packaging for both treatments

C. The number of flare-free days for each patient

In: Statistics and Probability

Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information...

Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC.
Comparative Balance Sheets
December 31, 2021 and 2020 ($ in millions)
2021 2020
Assets
Cash $ 32 $ 128
Accounts receivable 149 140
Prepaid insurance 8 4
Inventory 301 183
Buildings and equipment 416 358
Less: Accumulated depreciation (127 ) (248 )
$ 779 $ 565
Liabilities
Accounts payable $ 95 $ 116
Accrued liabilities 7 12
Notes payable 58 0
Bonds payable 170 0
ShareholdersEquity
Common stock 408 408
Retained earnings 41 29
$ 779 $ 565
RED, INC.
Statement of Income
For Year Ended December 31, 2021
($ in millions)
Revenues
Sales revenue $ 2,060
Expenses
Cost of goods sold $ 1,457
Depreciation expense 41
Operating expenses 492 1,990
Net income $ 70


Additional information from the accounting records:

  1. During 2021, $238 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.
  2. In order to maintain the usual policy of paying cash dividends of $58 million, it was necessary for Red to borrow $58 million from its bank.


Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

In: Accounting

Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information...

Comparative balance sheets for 2021 and 2020, a statement of income for 2021, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC.
Comparative Balance Sheets
December 31, 2021 and 2020 ($ in millions)
2021 2020
Assets
Cash $ 35 $ 134
Accounts receivable 200 143
Prepaid insurance 5 3
Inventory 307 186
Buildings and equipment 422 361
Less: Accumulated depreciation (130 ) (251 )
$ 839 $ 576
Liabilities
Accounts payable $ 98 $ 122
Accrued liabilities 4 9
Notes payable 61 0
Bonds payable 173 0
ShareholdersEquity
Common stock 411 411
Retained earnings 92 34
$ 839 $ 576
RED, INC.
Statement of Income
For Year Ended December 31, 2021
($ in millions)
Revenues
Sales revenue $ 2,110
Expenses
Cost of goods sold $ 1,424
Depreciation expense 41
Operating expenses 526 1,991
Net income $ 119


Additional information from the accounting records:

  1. During 2021, $241 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.
  2. In order to maintain the usual policy of paying cash dividends of $61 million, it was necessary for Red to borrow $61 million from its bank.


Required:
Prepare the statement of cash flows of Red, Inc., using the direct method to report operating activities. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

In: Accounting

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information...

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

RED, INC.
Comparative Balance Sheets
December 31, 2018 and 2017 ($ in millions)
2018 2017
Assets
Cash $ 44 $ 152
Accounts receivable 198 152
Prepaid insurance 12 5
Inventory 325 195
Buildings and equipment 440 370
Less: Accumulated depreciation (139 ) (260 )
$ 880 $ 614
Liabilities
Accounts payable $ 107 $ 140
Accrued expenses payable 11 16
Notes payable 70 0
Bonds payable 181 0
ShareholdersEquity
Common stock 420 420
Retained earnings 91 38
$ 880 $ 614
RED, INC.
Statement of Income
For Year Ended December 31, 2018
($ in millions)
Revenues
Sales revenue $ 2,200
Expenses
Cost of goods sold $ 1,482
Depreciation expense 50
Operating expenses 545 2,077
Net income $ 123


Additional information from the accounting records:

  1. During 2018, $250 million of equipment was purchased to replace $180 million of equipment (95% depreciated) sold at book value.
  2. In order to maintain the usual policy of paying cash dividends of $70 million, it was necessary for Red to borrow $70 million from its bank.


Required:
Prepare the statement of cash flows of Red, Inc. using the indirect method to report operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

In: Accounting