I. The government in a certain economy has offered all business significant investment tax credits. Firms as a result invest heavily in new capital equipment and households have taken mortgages to buy new homes.
II. Explain whether each of the following events will increase, decrease or have no effect on the long-run aggregate supply.
In: Economics
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We are evaluating a project that costs $756,000, has a life of 6 years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 32,000 units per year. Price per unit is $60, variable cost per unit is $25, and fixed costs are $665,000 per year. The tax rate is 24 percent and we require a return of 12 percent on this project. |
| a. |
Calculate the accounting break-even point. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
| b-1. | Calculate the base-case cash flow and NPV. (Do not round intermediate calculations and round your NPV answer to 2 decimal places, e.g., 32.16.) |
| b-2. | What is the sensitivity of NPV to changes in the sales figure? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
| c. | What is the sensitivity of OCF to changes in the variable cost figure? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
|
a. |
Break – even point |
units |
|
|
b-1. |
Cash Flow |
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|
NPV |
|||
|
b-2. |
ΔNPV/ΔQ |
||
|
c. |
ΔOCF/ΔVC |
In: Finance
Consider a project to supply Detroit with 40,000 tons of machine screws annually for automobile production. You will need an initial $5,600,000 investment in threading equipment to get the project started; the project will last for 6 years. The accounting department estimates that annual fixed costs will be $600,000 and that variable costs should be $250 per ton. Further, the accounting department will depreciate the initial fixed asset investment straight-line to zero over the 6-year project life and estimate a salvage value of $450,000 after dismantling costs. The marketing department estimates that the automakers will let the contract at a selling price of $340 per ton. The engineering department estimates you will need an initial net working capital investment of $560,000. You require a return of 13 percent and face a marginal tax rate of 24 percent on this project. Suppose you’re confident about your own projections, but you’re a little unsure about Detroit’s actual machine screw requirements. a. What is the sensitivity of the project OCF to changes in the quantity supplied? What about the sensitivity of NPV to changes in quantity supplied? c. Given the sensitivity number you calculated, is there some minimum level of output below which you wouldn’t want to operate? Show step by step
In: Finance
We are evaluating a project that costs $856,800, has a nine-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 90,000 units per year. Price per unit is $56, variable cost per unit is $40, and fixed costs are $770,000 per year. The tax rate is 25 percent, and we require a return of 12 percent on this project
. 2. What is the degree of operating leverage at the accounting break-even point? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
b-1. Calculate the base-case cash flow and NPV. (Do not round intermediate calculations. Round your cash flow answer to the nearest whole number, e.g., 32. Round your NPV answer to 2 decimal places, e.g., 32.16.)
b-2. What is the sensitivity of NPV to changes in the quantity sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What is the sensitivity of OCF to changes in the variable cost figure? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. )
In: Finance
Which of the following explains contractionary monetary policy in the long run?
Contractionary monetary policy shifts aggregate demand to the left, moving the economy from long run equilibrium to a short-run equilibrium with a lower price level and a lower level of real gross domestic product (GDP). In the long run, as resource prices rise, the short-run aggregate supply curve shifts to the left, causing the economy to contract.
Contractionary monetary policy shifts aggregate demand to the right, moving the economy from long run equilibrium to a short-run equilibrium with a higher price level and a higher level of real gross domestic product (GDP). In the long run, as resource prices fall, the short-run aggregate supply curve shifts to the right as well causing the economy to expand
Contractionary monetary policy shifts aggregate demand to the left, moving the economy from long-run equilibrium to a short-run equilibrium with a lower price level and a lower level of real gross domestic product (GDP). In the long run, as resource prices fall, the short-run aggregate supply curve shifts to the right, bringing the economy back to a long-run equilibrium, where no real changes to GDP have occurred.
Contractionary monetary policy shifts aggregate demand to the right. moving the economy from long run equilibrium to a short-run equilibrium with a higher price level and a higher level of real gross domestic product (GDP). In the long run, as resource prices rise, the short-run aggregate supply curve shifts to the left, bringing the economy back to a long run equilibrium where no real changes to GDP have occurred
Contractionary monetary policy shifts aggregate demand to the right, moving the economy from long-run equilibrium to a short-run equilibrium with a higher price level and a higher level of real gross domestic product (GDP). In the long run, as resource prices rise, the aggregate demand curve shifts back to the left, bringing the economy back to a long run equilibrium, where no real changes to GDP have occurred.
In: Economics
Create a Careplan
1. Choose one of the patients from your Maternity/Pediatrics vSim
2. Choose one approved Nanda Diagnosis
3. Include 3 risk factors
4. Include 3 expected outcomes
5. Include 4 nursing interventions
6. Include 2 collaborative interventions
7. Include 2 evaluations (how will you evaluate your interventions are working to meet your outcomes)
Example:
Nanda Diagnosis: Risk for activity intolerance
Risk Factors
Expected Outcomes
Nursing Interventions
Collaborative
Evaluation
In: Nursing
A. Decrease (or shift left) in aggregate demand
B. Increase (or shift right) in aggregate demand
C. Decrease in the quantity of real output demanded (or movement up along AD)
D. Increase in the quantity of real output demanded (or movement down along AD)
2. A decrease in expected returns on investment will most likely shift the AD curve to the:
A. Right because C will increase
B. Left because C will decrease
C. Right because I will increase
D. Left because I will decrease
3. If the national incomes of our trading partners increase, then our:
A. Aggregate demand decreases because C decreases
B. Aggregate demand increases because C increases
C. Aggregate demand decreases because net exports decrease
D. Aggregate demand increases because net exports increase
4. The upward slope of the short-run aggregate supply curve is based on the assumption that:
A. Wages and other resource prices do not respond to price level changes
B. Wages and other resource prices do respond to price level changes
C. Prices of output do not respond to price level changes
D. Prices of inputs flexible while prices of outputs are fixed
5. A consumer holds money to meet spending needs. This would be an example of the:
A. Use of money as a measure of value
B. Use of money as legal tender
C. Liquidity demand, also known as transactions demand for money
D. Asset demand for money
6. The fundamental objective of monetary policy is to assist the economy in achieving:
A. A rapid pace of economic growth
B. A money supply which is based on the gold standard
C. A full-employment, noninflationary level of total output
D. A balanced-budget consistent with full-employment
7. The purchase and sale of government securities by the Fed is called:
A. Federal funds market
B. Open market operations
C. Money market transactions
D. Term auction facility
In: Economics
BACKGROUND INFORMATION AND TASKS: COMMERCIAL COOKERY
The partners who own the two hundred and forty (240) seat tourism restaurant where you work as Duty Manager have decided to reappraise the staffing levels of the kitchen. They say there are too many hours being wasted through idle staff and as a result the bottom line of the business is suffering. They say the efficiency of the kitchen has to be analysed and it is claimed there is a 10% improvement needed in performance.You are required to investigate this request to see if workplace operations can be modified to meet their requests and how you would instigate these changes for organised work flow.
You will need to write a report in which you will:
question
Describe how you would monitor the work hours of the kitchen staff and the efficiency involved in those hours – this would also mean you need to identify relevant problems associated with adjusting staff levels to attain the requested improvement
question
Show what consultative process was used to allow for procedures and systems (including rosters and a new menu) to be adjusted. Show that in this area, quality assurances can be given so that customers will not be affected and indicate the time frame involved in your changes
question
List the equipment that would enhance the kitchen performance and the appropriate cost. Illustrate that you have consulted the staff about this and indicate how a new menu would enhance or lessen the ‘bottom line’.
You will need to list all staff that have been consulted
question
In your new plan, you must show the delegation process that will be involved. Will you need new job specifications to be written? If so, how many?
question
Will training be necessary to accommodate the new jobs if this is the option you recommend the owners to take? Estimate a budget for retraining should it be necessary
question
Describe how day-to-day operations will not be negatively affected with your proposed changes
Reappraising staff levels is an ongoing issue in modern management of all Hospitality Businesses and during the process, customers’ needs must always be considered. It is that fine line between customer satisfaction and increased profit margins that shows true management skill in restaurant operation.
In: Economics
What is the issue is in the add method in the SongList Class? It doesn't seem to add the songs when running testing.
public class Song
{
// instance variables
private String m_artist;
private String m_title;
private Song m_link;
// constructor
public Song(String artist, String title)
{
m_artist = artist;
m_title = title;
m_link = null;
}
// getters and setters
public void setArtist(String artist)
{
m_artist = artist;
}
public String getArtist()
{
return m_artist;
}
public void setTitle(String title)
{
m_title = title;
}
public String getTitle()
{
return m_title;
}
public void setLink(Song link)
{
m_link = link;
}
public Song getLink()
{
return m_link;
}
}
public class SongList
{
// instance variables
private Song m_last;
private int m_numElements;
// constructor
// Do not make any changes to this method!
public SongList()
{
m_last = null;
m_numElements = 0;
}
// check whether the list is empty
// Do not make any changes to this method!
boolean isEmpty()
{
if (m_last == null)
return true;
else
return false;
}
// return the size of the list (# of Song nodes)
// Do not make any changes to this method!
public int size()
{
return m_numElements;
}
// add a new Song to the circular linked list with the given
artist and
// title, keeping the list sorted by *song title*.
public void add(String artist, String title)
{
// TODO: implement this method
Song newSong = new Song(artist, title);
if(m_last == null)
{
m_last = newSong;
m_numElements++;
return;
}
Song previous = null;
Song current = m_last;
while (current != null)
{
System.out.print(" [" + current.getArtist() + " - " +
current.getTitle() + "]\n");
int compareToResult =
(current.getTitle()).compareToIgnoreCase(title);
if (compareToResult < 0)
{
previous = current;
current = current.getLink();
}
else
break;
}
System.out.print(" [" + current.getArtist() + " - " +
current.getTitle() + "]\n");
if (previous == null)
{
newSong.setLink(m_last);
m_last = newSong;
m_numElements++;
}
else
{
//adds element to a non-empty list
previous.setLink(newSong);
newSong.setLink(current);
}
}
public String toString()
{
String listContent = "";
Song current = m_last;
if (m_last != null)
do
{
current = current.getLink();
listContent += " [" + current.getArtist() + " - " +
current.getTitle() + "]\n";
} while (current != m_last);
return listContent;
}
}
In: Computer Science
SELECT THE RIGHT ANSWER
QUES :
The nurse is preparing to perform a moist-to-dry dressing change on a patient with a large dehisced surgical wound of the abdomen. The nurse begins to organize the supplies and knows to prioritize which nursing intervention?
Select one:
a. Gather all the needed dressing and treatment supplies.
b. Protect the patient’s bedding using waterproof pads.
c. Ensure privacy during the dressing change.
d. Administer pain medication before the dressing change.
QUES :
The nurse is performing skin check rounds on the stroke rehabilitation unit. While assessing a patient’s skin, the nurse notices an unstageable pressure injury on the left heel covered with a layer of dark, dry eschar. Which intervention is the appropriate next action?
Select one:
a. Obtain an order for enzymatic debridement.
b. Obtain an order for moist-to-dry debridement interventions.
c. Complete a vascular assessment to determine if debridement is appropriate.
d. Document the presence of the wound and notify the practitioner.
QUES :
A 52-year-old person with diabetes presents for ankle–brachial index (ABI) assessment. The left leg is dusky red and cool to touch while the right leg appears normal. The person has no sensation from the knees and reports no pain. ABI calculation is 1.1 on the left side and 1.3 on the right side. What is the correct interpretation?
Select one:
a. ABI is normal but clinical indications are inconsistent; further testing is recommended.
b. ABI is low; client should be referred for vascular surgery.
c. ABI is normal; no further action required.
d. ABI is elevated; client should be referred for toe–brachial index.
QUES :
The patient’s postoperative wound drain was removed yesterday. Today, the nurse notes increased drainage on the dressing, pain at the wound site, and a low-grade fever. What should the nurse conclude from these findings?
Select one:
a. These signs and symptoms suggest an infection at the wound site.
b. These changes in wound drainage require replacement of the wound drain.
c. These changes indicate a normal postoperative wound healing process.
d. These changes indicate a normal postoperative wound healing process.
In: Nursing