Questions
explain fully why the short run atc curve is u shaped that is falls then increases...

explain fully why the short run atc curve is u shaped that is falls then increases as more output is produced in the short run

In: Economics

the Pacific coastlines of Washington and Oregon is characterized by frequent precipitation and lush vegetation while...

the Pacific coastlines of Washington and Oregon is characterized by frequent precipitation and lush vegetation while the eastern halves of the two states exhibit dry conditions with sparse vegetation. Why is this

In: Other

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet...

Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $49,900; total assets, $189,400; common stock, $84,000; and retained earnings, $44,119.)

CABOT CORPORATION
Income Statement
For Year Ended December 31, 2017
Sales $449,600
Cost of goods sold 297,550
Gross profit 152,050
Operating expenses 98,800
Interest expense 4,300
Income before taxes 48,950
Income taxes 19,719
Net income $29,231
CABOT CORPORATION
Balance Sheet
December 31, 2017
Assets Liabilities and Equity
Cash $16,000 Accounts payable $17,500
Short-term investments 9,200 Accrued wages payable 3,400
Accounts receivable, net 30,400 Income taxes payable 3,100
Notes receivable (trade)* 7,000
Merchandise inventory 36,150 Long-term note payable, secured by mortgage on plant assets 71,400
Prepaid expenses 2,700 Common stock 84,000
Plant assets, net 151,300 Retained earnings 73,350
Total assets $252,750 Total liabilities and equity $252,750


* These are short-term notes receivable arising from customer (trade) sales.

Required:
Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.)

In: Accounting

Administrative assistants in a local university have been asked to prove their proficiency in the use...

Administrative assistants in a local university have been asked to prove their proficiency in the use of spreadsheet software by taking a proficiency test. Historically, the mean test score has been 74 with a standard deviation of 4. A random sample of size 40 is taken from the 100 administrative assistants and asked to complete the proficiency test.

What is the probability that the sample mean score is more than 75, the predetermined passing score?

In: Math

2. Look up a coffee-cup calorimeter in your textbook and describe the components of the apparatus....

2. Look up a coffee-cup calorimeter in your textbook and describe the components of the apparatus. (2 points) Assuming that the calorimeter prevents any heat to be taken in or released, the amount of heat transferred between the system and the surroundings should be equal in value but opposite in sign. For example, if a hot piece of metal gives off 5 J of energy, than the surrounding water should take in 5 J of energy. (Remember exothermic processes have a “-“q while endothermic process have a “+” q).

qsystem = - qsurroundings

With that being said, the transfer of heat during a chemical reaction can be concluded as

qsystem (aka the reaction) = - qsurroundings (aka the solution)

and since we know that…

q = C x m x DT

we can conclude that…

crxn x mrxn x DTrxn= - (csoln x msoln x DTsoln)

(note that the “-“ sign is just to show that they are equal but opposite. The actual value of the rxn and solution depend on the reaction that took place)

In: Chemistry

The stockholders’ equity section of Flint Inc. at the beginning of the current year appears. Common...

The stockholders’ equity section of Flint Inc. at the beginning of the current year appears. Common stock, $10 par value, authorized 1,097,000 shares, 281,000 shares issued and outstanding $2,810,000 Paid-in capital in excess of par—common stock 554,000 Retained earnings 556,000 During the current year, the following transactions occurred.

1. The company issued to the stockholders 92,000 rights. Ten rights are needed to buy one share of stock at $30. The rights were void after 30 days. The market price of the stock at this time was $32 per share.

2. The company sold to the public a $217,000, 10% bond issue at 103. The company also issued with each $100 bond one detachable stock purchase warrant, which provided for the purchase of common stock at $28 per share. Shortly after issuance, similar bonds without warrants were selling at 96 and the warrants at $7.

3. All but 4,600 of the rights issued in (1) were exercised in 30 days.

4. At the end of the year, 80% of the warrants in (2) had been exercised, and the remaining were outstanding and in good standing.

5. During the current year, the company granted stock options for 9,800 shares of common stock to company executives. The company, using a fair value option-pricing model, determines that each option is worth $10. The option price is $28. The options were to expire at year-end and were considered compensation for the current year.

6. All but 980 shares related to the stock-option plan were exercised by year-end. The expiration resulted because one of the executives failed to fulfill an obligation related to the employment contract.

Prepare general journal entries for the current year to record the transactions listed above

In: Accounting

Statement of Cash Flows—Direct Method applied to PR 16-1A The comparative balance sheet of Navaria Inc....

Statement of Cash Flows—Direct Method applied to PR 16-1A The comparative balance sheet of Navaria Inc. for December 31, 20Y3 and 20Y2, is as follows: Dec. 31, 20Y3 Dec. 31, 20Y2 Assets Cash $ 182,540 $ 171,780 Accounts receivable (net) 66,760 61,250 Inventories 188,170 180,930 Investments 0 70,400 Land 96,450 0 Equipment 205,640 161,920 Accumulated depreciation-equipment (48,800) (43,600) Total assets $690,760 $602,680 Liabilities and Stockholders' Equity Accounts payable $ 124,670 $ 118,730 Accrued expenses payable 12,540 15,670 Dividends payable 6,800 5,400 Common stock, $1 par 36,800 28,330 Paid-in capital: Excess of issue price over par-common stock 140,200 81,960 Retained earnings 369,750 352,590 Total liabilities and stockholders’ equity $690,760 $602,680 The income statement for the year ended December 31, 20Y3, is as follows: Sales $1,163,710 Cost of merchandise sold 715,680 Gross profit $ 448,030 Operating expenses: Depreciation expense $ 5,200 Other operating expenses 379,370 Total operating expenses 384,570 Operating income $ 63,460 Other income: Gain on sale of investments 11,800 Income before income tax $ 75,260 Income tax expense 30,100 Net income $ 45,160 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: The investments were sold for $82,200 cash. Equipment and land were acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $28,000 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Navaria Inc. Statement of Cash Flows For the Year Ended December 31, 20Y3 Cash flows from operating activities: $ Net cash flow from operating activities $ Cash flows from (used for) investing activities: $ Net cash flow used for investing activities Cash flows from (used for) financing activities: $ Net cash flow from financing activities $ Cash at the beginning of the year Cash at the end of the year $

In: Accounting

Personal Computer Fundamentals Identify a task that you would need to perform in your current career...

Personal Computer Fundamentals

Identify a task that you would need to perform in your current career or future career, and explain how you would apply the knowledge you have learned in this course to succeed at performing the task in a real-world scenario.

journal

In: Computer Science

The beginning inventory consisted of 20,000 units, 40 percent complete and the ending inventory consisted of...

The beginning inventory consisted of 20,000 units, 40 percent complete and the ending inventory consisted of 12,000 units, 50 percent complete. There were 30,000 units started during the period.

Determine the equivalent units of conversion in process.

a. 32,000b. 38,000c. 20,000d. 44,000

In: Accounting

A marketing research firm wishes to compare the prices charged by two supermarket chains—Miller’s and Albert’s....

A marketing research firm wishes to compare the prices charged by two supermarket chains—Miller’s and Albert’s. The research firm, using a standardized one-week shopping plan (grocery list), makes identical purchases at 10 of each chain’s stores. The stores for each chain are randomly selected, and all purchases are made during a single week. It is found that the mean and the standard deviation of the shopping expenses at the 10 Miller’s stores are x1¯¯¯¯?=?$115.41x1¯?=?$115.41 and s1= 1.12. It is also found that the mean and the standard deviation of the shopping expenses at the 10 Albert’s stores are x2¯¯¯¯?=?$115.27x2¯?=?$115.27 and s2= 2.39.

(a) Calculate the value of the test statistic. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Test statistic          

(b) Calculate the critical value. (Round your answer to 2 decimal places.)

Critical value          

(c) At the 0.05 significance level, what it the conclusion?

In: Math

Suppose that one year US and Polish rates are 2.5% and 6.5% respectively. One year US...

Suppose that one year US and Polish rates are 2.5% and 6.5% respectively. One year US inflation forecast is 1.5%. What should be the expected inflation rate in the Poland if we can assume that International Fisher Effect holds? [Hint: Use accurate Fisher Effect formula on slide #5 in Parity Relationships-2 ; do not use approximation]

a. 0.90%

b. 5.46%

c. 1.50%

d. 6.50%

In: Finance

Suppose a polluter initially faces marginal abatement curve MAC1 = 320-10E1 , but it has the...

  1. Suppose a polluter initially faces marginal abatement curve MAC1 = 320-10E1 , but it has the possibility of investing in R&D and thereby lowering its marginal abatement cost curve to MAC2 = 160 – 5E2. Compute the cost savings to the polluter if it adopts the new technology (MAC2) after the introduction of an emissions tax of $100 per tonne. Compute the cost savings under a standard that is set at 20 tonnes. Explain why the tax provides a larger incentive to innovate than does the standard. (10 points)

In: Economics

When income effects are very strong for the representative consumer ... any increase in his productivity...

When income effects are very strong for the representative consumer ...

any increase in his productivity will shift the AD curve farther to the right than the AS curve; the consumer wants to consume more of the produced goods but less leisure.

any increase in his productivity will shift the AD curve farther to the right than the AS curve; the consumer wants to consume more produced goods but not more leisure.

any increase in his productivity will shift the AS curve farther to the right than the AD curve; the consumer wants to consume more produced goods and leisure.

any increase in his productivity will shift the AS curve farther to the left than the AD curve; the consumer wants to consume less produced goods and leisure.

any increase in his productivity will shift the AD curve just as much as the AS curve; the consumer wants to consume less leisure.

In: Economics

A student, while moving out of his old apartment, is loading a rented moving truck using...

A student, while moving out of his old apartment, is loading a rented moving truck using a ramp which is at a rather steep angle of 28.0 degrees above the horizontal; the ramp is 2.70 m long. At one point in the loading process he drags a loaded suitcase of mass 25.50 kg up the full length of the ramp. The wheels on the old suitcase have long since ceased to function properly, so that the effective coefficient of kinetic friction between the suitcase and the inclined ramp is 0.260. The old suitcase has a strap attached to one corner, and the student does the dragging by pulling on this strap and running up the ramp (he is in a hurry) so that he and the suitcase speed up while going up the ramp. It turns out the the student is able to maintain a tension of 188.0 N during his pull, and the angle between the strap and the incline is 19.0 degrees(the strap direction is 19.0 degrees higher than the incline angle).

A.How much work is done on the suitcase by the tension force during the pull up the ramp?

B.How much work is done by the force of gravity on the suitcase by the Earth during the pull up the ramp?

D.How much work is done by the frictional force on the suitcase by the ramp during the pull up the ramp?

E.As a result of the pull up the incline, what is the increase in the thermal energy present in the suitcase and in the surface of the ramp?

F.What is the change in the kinetic energy of the suitcase as a result of the pull up the incline?

In: Physics

Aniline hydrochloride, [C6H5NH3]Cl, is a weak acid. Its conjugate base is the weak base aniline, C6H5NH2....

Aniline hydrochloride, [C6H5NH3]Cl, is a weak acid. Its conjugate base is the weak base aniline, C6H5NH2. Ka = 2.40 X 10-5. Calculate pH at points if 50 mL of .100 aniline hydrochloride is titrated with .185 M NaOH Calculate the pH (a)before titration begins (b)at E.P (c) at the midpoint (d) after 20 mL of NaOH (e) after 30 mL of NaOH

In: Chemistry