Questions
One of the key ways a firm may be a monopoly is through patent protection. Perhaps...

One of the key ways a firm may be a monopoly is through patent protection. Perhaps many of you heard of the infamous case of Martin Shkreli's price hike of a drug called Daraprim from $12.50 to $750 almost overnight (Links to an external site.). Specifically answer this prompt: Should there be a price ceiling placed on patented products? Why or why not? If so, how exactly would you set the price ceiling? Consider the incentives that such a policy may have in the short and long term.

A yes/no/maybe answer to the question with an explanation of your reasoning.Include a detailed and accurate application of one or more of the concepts: patent, legal barriers to entry, economic profit in the short run and long run.

In: Economics

A portfolio has 65 shares of Stock A that sell for $40 per share and 130...

A portfolio has 65 shares of Stock A that sell for $40 per share and 130 shares of Stock B that sell for $31 per share. What is the portfolio weight of Stock A? What is the portfolio weight of Stock B?

In: Finance

Use the following for this section: Na = 23.0 g/mol, Mg = 24.3 g/mol, Cl =...

Use the following for this section: Na = 23.0 g/mol, Mg = 24.3 g/mol, Cl = 35.5 g/mo

  1. Calculate the amount of sodium chloride required to make 200 mL of a 0.100 M sodium chloride solution. This is solution 1.
  2. Calculate the amount of magnesium chloride required to make 200 mL of a 0.100 M magnesium chloride solution. This is solution 2.
  3. Solution 3 is made by mixing 50 mL solution 1 and 50 mL solution 2. Calculate the chloride ion concentration in the resulting solution.
  4. Solution 4 is made by mixing 50 mL solution 1 and 50 mL of a 0.20 M silver nitrate solution. Calculate the resulting sodium ion and chloride ion concentrations.

In: Other

Asset management ratios are used to measure how effectively a firm manages its assets, by relating...

Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include the average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and the total asset turnover ratio.

Consider the following case:

Monroe Manufacturing has a quick ratio of 2.00x, $34,875 in cash, $19,375 in accounts receivable, some inventory, total current assets of $77,500, and total current liabilities of $27,125. The company reported annual sales of $800,000 in the most recent annual report.

Over the past year, how often did Monroe Manufacturing sell and replace its inventory?

2.86x

37.85x

34.41x

8.01x

The inventory turnover ratio across companies in the manufacturing industry is 37.851x. Based on this information, which of the following statements is true for Monroe Manufacturing?

Monroe Manufacturing is holding less inventory per dollar of sales compared with the industry average.

Monroe Manufacturing is holding more inventory per dollar of sales compared with the industry average.

You are analyzing two companies that manufacture electronic toys—Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $800,000 each. You’ve collected company data to compare Like Games and Our Play. Last year, the average sales for all industry competitors was $2,040,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. You’ve collected data from the companies’ financial statements. This information is listed as follows: (Note: Assume there are 365 days in a year.)

Data Collected (in dollars)

Like Games Our Play Industry Average
Accounts receivable 21,600 31,200 30,800
Net fixed assets 440,000 640,000 1,734,000
Total assets 760,000 1,000,000 1,876,800

Using this information, complete the following statements to include in your analysis.

1. Our Play has   days of sales tied up in receivables, which is much   than the industry average. It takes Our Play   time to collect cash from its customers than it takes Like Games.
2. Like Games’s fixed assets turnover ratio is   than that of Our Play. This is because Like Games was formed eight years ago, so the acquisition cost of its fixed assets is recorded at historic values when the company bought its assets and has been depreciated since then. Assuming that fixed assets prices (not book values) rose over the past six years due to inflation, Our Play paid a   amount for its fixed assets.
3. The average total assets turnover in the electronic toys industry is     , which means that      of sales is being generated with every dollar of investment in assets. A   total assets turnover ratio indicates greater efficiency. Both companies’ total assets turnover ratios are   than the industry average.

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In: Finance

Integrativelong dashInvestment decision Holliday Manufacturing is considering the replacement of an existing machine. The new machine...

Integrativelong dashInvestment decision Holliday Manufacturing is considering the replacement of an existing machine. The new machine costs $ 1.20 million and requires installation costs of $ 150 comma 000. The existing machine can be sold currently for $ 185 comma 000 before taxes. It is 2 years old, cost $ 800 comma 000 new, and has a $ 384 comma 000 book value and a remaining useful life of 5 years. It was being depreciated under MACRS using a 5-year recovery period and therefore has the final 4 years of depreciation remaining. If it is held for 5 more years, the machine's market value at the end of year 5 will be $ 0. Over its 5-year life, the new machine should reduce operating costs by $ 350 comma 000 per year. The new machine will be depreciated under MACRS using a 5-year recovery period. The new machine can be sold for $ 200 comma 000 net of removal and cleanup costs at the end of 5 years. An increased investment in net working capital of $ 25 comma 000 will be needed to support operations if the new machine is acquired. Assume that the firm has adequate operating income against which to deduct any loss experienced on the sale of the existing machine. The firm has a 9.0 % cost of capital and is subject to a 40 % tax rate. a. Develop the relevant cash flows needed to analyze the proposed replacement. b. Determine the net present value (NPV) of the proposal. c. Determine the internal rate of return (IRR) of the proposal. d. Make a recommendation to accept or reject the replacement proposal, and justify your answer. e. What is the highest cost of capital that the firm could have and still accept the proposal?

In: Finance

8a.  Until fairly recently, the FED did not pay interest on bank reserves but a few years...

8a.  Until fairly recently, the FED did not pay interest on bank reserves but a few years ago the FED changed its policy and currently pays interest on bank reserves.  Under its original policy, for every $100 in checkable deposits how much did banks sacrifice in lost interest income due to reserve requirements if a bank charged 11% on their loans to the public when the required reserve ratio was set at 8%?  

8b.  For every $100 in checkable deposits, how much would a bank lose in interest income (opportunity cost) due to reserve requirements if banks charged 16% on their loans to the public when the required reserve ratio was 15%?  Finally, if you were an investor holding shares of common stock in a commercial bank, how are bank profits (and therefore your returns) affected by changes in the required reserve ratio?  Similarly, how are bank profits affected by changes in the market interest rates which your bank charges on loans to the public?  

In: Economics

A plant that operates with Rankine cycle, has the following conditions: P1 = P2 = 10,000...

A plant that operates with Rankine cycle, has the following conditions: P1 = P2 = 10,000 kPa, T2 = 600 ° C, P3 = P4 = 10 kPa, η turbine = 0.8 and η pump = 0.75, power produced in the turbine = 80,000 kW. Calculate: inlet heat, outlet heat, steam flow, and thermal efficiency.

In: Other

Assume an economy is in long-run macroeconomic equilibrium. The stock market suddenly declines significantly. - What...

Assume an economy is in long-run macroeconomic equilibrium. The stock market suddenly declines significantly.

- What curve is affected and which way would it shift?

- Explain how the economy will “self-correct” and the reasons why?

- What ‘gap’ is created by the shift in the curve? (recessionary or inflationary gap)

- What would be the appropriate monetary and fiscal policy response be to the station?

In: Economics

Compute the mass of  92U235 + 0n1. also known as Uranium -235 please type out all steps.

Compute the mass of  92U235 + 0n1.

also known as Uranium -235

please type out all steps.

In: Chemistry

Briefly explain the reasons why the unit price of an unlisted managed fund is likely to...

Briefly explain the reasons why the unit price of an unlisted managed fund is likely to change on a regular basis. In addressing this question reference should be made to the various asset classes, their returns over time, how their returns impact unit price of the fund and also how cash distributions from the fund affect value and unit price of the fund.

In: Accounting

A simply supported beam of span "L" and uniform flexural rigidity EI, carries a point load...

A simply supported beam of span "L" and uniform flexural rigidity EI, carries a point load (P=wL) at mid-span and a uniformly distributed load (w) throughout the span. The maximum deflection is -------.

In: Civil Engineering

Date: May 1, 2012 Just a month ago, Troy was fired, and replaced with Jamaal, a...

Date: May 1, 2012

Just a month ago, Troy was fired, and replaced with Jamaal, a three year veteran of the maintenance department. He had a good attitude and was eager to please. He was well known and popular throughout the plant. And, while a few of the maintained workers resented his new position, Jamaal was mostly well respected and provided good leadership.

After replacing Troy, the maintained department made huge strides—productivity was up in every area of the factory, due in large part to better run-times on nearly all of the machines.   While that is exactly what Patrick was looking for, he had been hearing reports of more in-fighting within the group. The same two maintenance workers that got into the physical fight a couple of months ago (refer to Part 6 of the case study) did it again. But, this time they didn’t defend each other. Instead, they blamed each other.

Interestingly, while conflict among the maintenance department was increasing, conflict among the leadership team was decreasing. Dramatically. Even though things were better, they were far from perfect. Quality was still a huge issue, and little improvement had been made in that area. Too, the scrap rate was through the roof—they threw away nearly as much steel as they used, leading to a 50% scrap rate. With the price of steel constantly on the rise, it was worrisome. More worrisome was the fact that much of the scrap was the result of the machines—while they were running, many of the steel cutters and steel benders had divots, pocks, and cracks that led to bad cuts. These bad cuts inevitably meant that nearly half of the pieces of steel being cut were being sent to the scrap heap—no one wanted to spend big money on a grill with a dent or chip.

In the last leadership meeting, Patrick expected that Janet and Jose would discuss the issue of scrap with Jamaal. Yet, when Patrick raised the issue in the meeting, neither spoke up. Patrick wondered why.

Answer the following questions:

  1. First, describe your gut reaction to this scenario. What do you think?

  2. Describe the conflict within the maintenance group. Why does conflict like that happen? What does the text say about it, and what are its antecedents and consequences?

  3. Do you think that there is conflict within the leadership team? Describe it and explain why scenarios like that happen. What does the text say about it, and what are its antecedents and consequences?

  4. Based upon what you have learned from the text, what recommendations do you have for Patrick. Be specific.

In: Operations Management

Can someone find what's wrong? If I don't use the last main method Netbeans says that...

Can someone find what's wrong? If I don't use the last main method Netbeans says that there is no main method. I can't figure out what's wrong.

This was the prompt:

Design a class named triangle that extends geometricObject. For this, you should have created a GeometricObject class first. The class contains:

  • Three double datafields named side1, side2, side3 with default value 1.0.
  • A no arg constructor that creates a default triangle.
  • A constructor that creates a triangle with specified side1, side2 and side3.
  • A method named getPerimeter() that returns the perimeter of a triangle.
  • A method name toString that returns the string description of a triangle.(including color and filled)

Your main method should create a triangle object and display it using toString()

This is my code:

package geometricobject;

/**
*
*
*/
public class GeometricObject {

/**
* @param args the command line arguments
*/
private String color = "white";
private boolean filled;
private java.util.Date dateCreated;

public GeometricObject() {
dateCreated = new java.util.Date();
}

public GeometricObject(String color, boolean filled) {
dateCreated = new java.util.Date();
this.color = color;
this.filled = filled;
}

public String getColor() {
return color;
}

public void setColor(String color) {
this.color = color;
}

public boolean isFilled() {
return filled;
}

public void setFilled(boolean filled) {
this.filled = filled;
}

public java.util.Date getDatecreated() {
return dateCreated;
}
  
public String toString() {
return "created on" + dateCreated + "\ncolor: " + color+ " and filled: " + filled;
}
  


public class triangle extends GeometricObject
{
private double side1;
private double side2;
private double side3;
  
public triangle() {
side1 = 1;
side2 = 1;
side3 = 1;
}
  
public triangle(double side1, double side2, double side3) {
this.side1 = side1;
this.side2 = side2;
this.side3 = side3;
}
public double getSide1() {
return side1;
}
public double getSide2() {
return side2;
}
public double getSide3() {
return side3;
}
public void setSide1(double side1) {
this.side1 = side1;
}
public void setSide2(double side2) {
this.side2 = side2;
}
public void setSide3(double side3) {
this.side3 = side3;
}
public double getArea() {
double n = (side1+side2+side3) / 2.0;
return Math.sqrt(n*(n-side1)*(n-side2)*(n-side3));
}
public double getPerimeter() {
return side1 + side2 + side3;
}
  
@Override
public String toString() {
return super.toString() + "Triangle: side1 = " + side1 + " side2 = " + side2 + "side3 = " + side3 ;

}}}

In: Computer Science

Please describe four essential components of TGFb signaling pathway in terms of gene name and function...

Please describe four essential components of TGFb signaling pathway in terms of gene name and function under normal and cancer conditions as a table summary

In: Biology

T or F 36. GDP= C + I + G + NX; I REPRESENTS CORPORATE INVESTMENTS...

T or F

36. GDP= C + I + G + NX; I REPRESENTS CORPORATE INVESTMENTS AND CONSUMERS BUYING

HOUSES FOR THEIR FIRST TIME.

37. PUBLIC TRANSFER PAYMENTS INCLUDES SOCIAL SECURITY, UNEMPLOYMENT

COMPENSATION, AND AUNT TINA GIVING HER FAVORITE NEPHEW $ 250,000.

38. NOMINAL GDP= GDP - INFLATION.

39. DISCRETIONARY INCOME= DISPOSAL INCOME + (EXPENSES – 0) x 1.0.

40. STAGFLATION IS THE WORST OF ATIONS AFTER HYPERINFLATION.

41. MUTUAL FUNDS ARE A POOL OF MANY INVESTMENTS AND GIVES DIVERSIFICATION. THEY

ARE NOT SAFE.

42. THE UNEMPLOYED INCLUDES EVERYONE WITHOUT A JOB AND ARE LOOKING FOR A JOB

DURING THE LAST 4 WEEKS.

In: Economics