False. Shareholders typically prioritize long-term profits over short-term gains as they seek sustainable and profitable investments.
Shareholders generally have a vested interest in the long-term profitability and success of the companies in which they invest. This is because sustainable long-term profits contribute to the overall growth and value of the company, which in turn benefits shareholders through increased stock prices, dividends, and potential capital gains.
While there may be instances where short-term profits are favored, such as when a company wants to demonstrate positive performance for a specific period, these situations are often seen as temporary strategies rather than long-term goals. In these cases, the aim is typically to attract investors or create a positive perception in the market.
However, shareholders generally prioritize companies that focus on long-term profitability and sustainable growth strategies. They expect companies to make strategic investments, research and development efforts, and other initiatives that enhance competitiveness and profitability over the long term.
Shareholders understand that sacrificing long-term profits for short-term gains can be detrimental to the overall value of their investments. They seek companies that prioritize long-term value creation, as it aligns with their investment goals and expectations.
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The amount should be about 3 A4 pages or less. 1.Company selection and company introduction: Additional points when selecting an unlisted company(listed company(listed companies can also be selected 2.Introduce two or more comparison companies and explain why they were selected: It is important to explain in detail why these comparison companies were selected 3.Select multiple(ex.PER,PBR)to be used and explain why 4.Calculation of multiples of comparative companies and presenting appropriate stock prices of selected companies. 5.Presenting limitations and potential problems of the analysis method.
Comparative analysis is a method of evaluating and comparing the financial performance and position of multiple companies to identify similarities, differences, and relative strengths or weaknesses.
Company selection is a crucial step in conducting a comparative analysis. In this case, an unlisted company can be chosen, although listed companies are also viable options. Two or more comparison companies should be introduced, and the reason for their selection must be clearly explained. Additionally, multiple financial ratios such as PER (Price/Earnings Ratio) and PBR (Price/Book Ratio) need to be selected, accompanied by a rationale for their choice. The calculation of these multiples for the comparative companies should be presented, along with appropriate stock prices for the selected companies. Finally, it is essential to acknowledge and address any limitations and potential issues associated with the analysis method employed.
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Corporate participation in political activities _____
Select one:
a. always leads to over-representation of interests
b. is illegal
c. cannot be aligned with the interests of activist groups
d. can give voice to interests that might otherwise be unrepresented
d. can give voice to interests that might otherwise be unrepresented.
Corporate participation in political activities can provide a platform for expressing the interests of certain groups that might not have sufficient representation or influence in the political process. Through their financial contributions, lobbying efforts, and engagement in advocacy, corporations can bring attention to issues and perspectives that may not receive adequate attention otherwise. This can include representing the interests of their employees, shareholders, and stakeholders, as well as specific industries or causes they support. While this participation raises concerns about the influence of money in politics, it also has the potential to ensure a more diverse and inclusive representation of interests in the political decision-making process.
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List three challenges of "global" leadership. Provide support
for your position.
Global leadership poses several challenges due to the complexities of operating in a globalized world. Three key challenges include cultural differences, communication barriers, and adapting to diverse business practices.
Cultural Differences: Global leadership requires navigating diverse cultural contexts. Different cultures have varying norms, values, and communication styles. Leaders must be sensitive to cultural nuances and adapt their leadership approach accordingly. This includes understanding how to motivate and manage teams from different cultural backgrounds, resolving conflicts that may arise due to cultural differences, and fostering inclusivity and diversity within the organization.
Communication Barriers: Effective communication is vital for global leadership, but it becomes challenging due to language barriers, time zone differences, and technological limitations. Leaders must be skilled in cross-cultural communication, employing strategies such as active listening, using interpreters or translators when necessary, and leveraging technology for virtual collaboration. Overcoming communication barriers ensures clear understanding, minimizes misunderstandings, and fosters collaboration across borders.
Adapting to Diverse Business Practices: Global leaders encounter a wide range of business practices and regulatory frameworks in different countries. They must be adaptable and flexible to navigate these variations while maintaining organizational goals and values. This includes understanding local laws, regulations, and customs, and being able to reconcile them with the organization's global standards. Adapting to diverse business practices requires a strong understanding of local markets, building relationships with stakeholders, and developing cross-cultural negotiation skills.
In conclusion, global leadership presents challenges related to cultural differences, communication barriers, and adapting to diverse business practices. Overcoming these challenges requires leaders to be culturally sensitive, skilled communicators, and adaptable to different business contexts. Successful global leaders embrace diversity, foster effective communication, and continuously learn and adapt to the global landscape.
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Suppose we have n firms each with an individual supply curve of QS = ½ P. Assume that firms have a quasi-fixed cost of $8000 (that is COST= 0 if they shut down but costs = 8000 + variable costs if they are open). There are 1000 consumers with individual demand QD = 100- - ½P. a) Let's start with n = 100 firms. What is the equilibrium market price, output per firm, and consumption per consumer? b) Calculate Total Consumer Surplus, Total Produce Surplus, and Social Surplus. c) Now suppose the number of firms rises to 200. What is the new equilibrium market price, output per firm, and consumption per consumer? Compare d) How does total Consumer Surplus, Producer Surplus, and Social Surplus change? Discuss. (uses Q2). a) Suppose firms are free to enter/exit. What is the equilibrium number of firms in this market? Eg: at what value of n ensures that each firms has zero profits. b) Show that social surplus is at a maximum given free entry/exit. Why is this the case?
a) P = $100, QS = 50 units, QD = 50 units. b) Total Consumer Surplus = $25,000, Total Producer Surplus = $25,000, Social Surplus = $50,000. c) P = $75, QS = 37.5 units, QD = 62.5 units. d) Equilibrium number of firms is determined by ½P = 8000 + ½P. b) Social surplus is maximized due to free entry/exit ensuring lowest cost and maximizing producer and consumer surplus.
For n = 100 firms, find the equilibrium market price, output per firm, and consumption per consumer, along with calculating Total Consumer Surplus, How do these quantities change when the number of firms increases to 200? Also, discuss the equilibrium number of firms in a market with free entry/exit and why social surplus is maximized under such conditions.For n = 100 firms:
Equilibrium market price (P): $100Output per firm (QS): 50 unitsConsumption per consumer (QD): 50 unitsTotal Consumer Surplus: $25,000
Total Producer Surplus: $25,000Social Surplus: $50,000For n = 200 firms:
New equilibrium market price (P): $75Output per firm (QS): 37.5 unitsConsumption per consumer (QD): 62.5 unitsTotal Consumer Surplus: Increases
Total Producer Surplus: Decreases
Social Surplus: Changes (specific quantities not provided, so direction cannot be determined)
The equilibrium number of firms in this market, with free entry/exit, is determined by the condition that each firm has zero profits.
This occurs when the price (P) equals the average cost (AC), which includes the quasi-fixed cost of $8000. Therefore, the equilibrium number of firms can be calculated by solving the equation: ½P = 8000 + ½P.Social surplus is at a maximum given free entry/exit because in a perfectly competitive market, free entry and exit ensure that firms produce at the lowest possible cost (where price equals marginal cost).
This maximizes both producer surplus and consumer surplus, leading to overall social surplus being maximized.Learn more about maximizing
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in 2021, Australia’s GDP growth rate was 3.4% which is much higher than its 10-year average. In 2021, the US GDP growth rate was 5.7%, the fastest full-year clip since 1984. Assuming there are only two countries in the world, Australia and US, and other things are fixed, please use appropriate diagrams or theories to predict the movements of the nominal value of the Australian dollar against the US dollar. Note that the actual movement of AUD/USD exchange could be different from your prediction because of the assumptions
The higher GDP growth rate in the US compared to Australia may lead to an appreciation of the US dollar relative to the Australian dollar, based on the theory of purchasing power parity (PPP). PPP suggests that exchange rates should adjust to equalize the price levels of two countries, such that currencies are exchanged at rates that make the cost of a basket of goods the same in both countries.
Since we assume that the change in GDP growth rates is the only factor that affects exchange rate movements between the two countries, we can apply the PPP theory to predict the direction of currency movements.
Assuming that the price levels in both countries stay the same, we can expect the exchange rate to move in the direction that makes goods cheaper in the US and more expensive in Australia, reflecting the higher growth rate in the US.
To illustrate this, let's say that the exchange rate in 2020 was 0.75 AUD/USD, implying that one Australian dollar (AUD) is equal to 0.75 US dollars (USD). If the Australian GDP grows by 3.4% in 2021, while the US GDP grows by 5.7%, we might expect the AUD/USD exchange rate to adjust to reflect this change.
Based on the PPP theory, we can expect that the AUD will depreciate relative to the USD. This would mean that it would take more AUD to purchase the same quantity of goods or services priced in USD.
In conclusion, assuming the only factor affecting the exchange rate movement between Australia and the US is the difference in GDP growth rates, the Australian dollar is likely to depreciate relative to the US dollar. This is due to the predicted increase in purchasing power within the US economy, resulting in an appreciation of the US dollar relative to the Australian dollar. However, it should be remembered that actual movements in exchange rates can differ from such predictions due to various other factors that affect the foreign exchange market.
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In policy announcements made last year the RBA indicated that it
was unlikely to raise the cash rate until 2024 at the earliest. How
has the RBA’s assessment of the situation changed since
then?Sugg
In policy announcements made last year, the RBA indicated that it was unlikely to raise the cash rate until 2024 at the earliest. However, since then, the RBA's assessment of the situation has changed.The COVID-19 pandemic has disrupted economic activity and financial markets in Australia and around the world.
This has led to the RBA implementing measures to support the economy and keep interest rates low. One of these measures has been the purchase of government bonds, which has helped to keep borrowing costs low and support the flow of credit to households and businesses. The RBA has also signaled that it is willing to do more if necessary to support the economic recovery.
This suggests that the RBA may need to raise interest rates sooner than expected if the economy continues to recover at a faster pace than anticipated. However, the RBA has emphasized that any decision to raise interest rates will depend on the data, and that it remains committed to supporting the economy and ensuring that inflation remains within its target range.
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Question 34 Egalitarian societies show differences in prestige among individual members based on factors such as --------------
a. wealth
b. age
c. Kin group
d. ascribed status Question 35. Initially, during the fifteenth century, why did European explorers, traders, soldiers, missionaries, and settlers travel throughout world? a. to control and conquer lands and peoples b. to expand their national wealth and power c. to acque slaves d. to acquire new resources Question 49 Economies based on capitalism must --------------- in order to survive. a. raise prices over time b. grow c. maintain steady prices d. remain stable
34.Societies that hold a belief in the equality of all people can also display variations in prestige among individual members. The answer to the question is: c. Kin group.
Kinship, a sense of family or tribal affiliation, often establishes hierarchies of prestige in societies that are considered egalitarian. While family ties are usually viewed as egalitarian, there are several variations of kinship that demonstrate the disparities between individuals. Kinship organizations, which are normally regarded as having an equivalent relationship, are examples of this. Lineages, clans, and phratries are all social organizations based on kinship that might include various statuses and levels of prestige, resulting in variations in prestige among individuals.
35. European explorers, traders, soldiers, missionaries, and settlers initially traveled all over the world to control and conquer lands and peoples. The answer to the question is: a. to control and conquer lands and peoples. During the fifteenth century, European explorers, traders, soldiers, missionaries, and settlers traveled throughout the world in search of riches, land, and converts. They went to the New World, the East, and Africa to exploit and take advantage of the people, wealth, and land. They wanted to establish their sovereignty over other lands and populations, as well as gain a strategic advantage over their rivals.
49. Economies based on capitalism must grow to survive. The answer is: b. grow. Capitalism, a system of economic activity characterized by the private ownership of the means of production and distribution, necessitates economic growth to maintain itself. Capitalism seeks to earn profit through the acquisition of more assets and wealth. Expansion into new markets and investment in new technologies are all necessary to maintain economic growth. The need for expansion and growth can drive businesses to compete against one another, leading to greater efficiency and increased innovation. Therefore, Societies that hold a belief in the equality of all people can also display variations in prestige among individual members based on kin group. European explorers, traders, soldiers, missionaries, and settlers initially traveled all over the world to control and conquer lands and peoples. Finally, Capitalism-based economies must grow to survive.
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Marcus and Mary are shareholders of private company trading under the name of Maggie Resources Sdn Bhd, which is a RM2.00 company and they both holds shares in AEON Chemical Sdn Bhd, which is also a RM2.00. They had entered into a contract with Vijay Resources Sdn Bhd for both companies for the supply of packing materials but have failed to make payments to Vijay Resources Sdn Bhd despite the numerous reminders and notices. Vijay Resources have approached you to advise the process of trying to sue Marcus and Mary personally for the losses suffered as a result of the contracts with Maggie Resources Sdn Bhd and AEON Chemical Sdn Bhd. (a) Explain the effects of incorporation of a company (b) What is meant by corporate veil (c) With reference to cases, explain the common law position towards lifting of the corporate veil of both Maggie Resources Sdn Bhd and AEON Chemical Sdn Bhd
When a company is incorporated, it becomes a separate legal entity distinct from its shareholders or owners. The corporate veil refers to the legal separation between a company and its shareholders. The common law position is that the courts are generally reluctant to lift the corporate veil.
(a) Effects of Incorporation of a Company:
This legal concept of separate entity carries several effects:
Limited Liability: Shareholders' liability is limited to their investment in the company.
Perpetual Existence: A company has perpetual existence, meaning it can continue to exist even if shareholders change or pass away. Transferability of Shares: Shares of a company can be bought, sold, or transferred without affecting the company's operations or existence.
Access to Capital: Incorporation allows a company to access various sources of funding, such as issuing shares or obtaining loans, to support its growth and operations.
(b) Corporate Veil:
The corporate veil refers to the legal separation between a company and its shareholders. It is the concept that treats the company as a distinct legal entity, independent of its owners. This separation ensures that the liabilities, debts, and legal obligations of the company are not automatically transferred to the shareholders.
(c) Lifting the Corporate Veil:
Under certain circumstances, the courts may "lift the corporate veil" and disregard the separate legal personality of a company, holding the shareholders personally liable.
Salomon v. Salomon & Co. Ltd. (1897): This landmark case established the principle of separate legal entity.
Adams v. Cape Industries plc (1990): The court emphasized that mere group structure or economic control is insufficient to lift the corporate veil.
Gilford Motor Co. Ltd. v. Horne (1933): The court disregarded the separate legal entity of the company and held the individual liable when the company was used as a device to evade the plaintiff's contractual rights.
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An investor would consider investing in a zero coupon bond because of the tax benefits of amortization
lower volatility
ability to lock in a multiplier of the initial investment
none of these options are reasons to invest in zero coupons
Option (a), "lower volatility". An investor would consider investing in a zero coupon bond because of the tax benefits of amortization, lower volatility, the ability to lock in a multiplier of the initial investment, and more. However, out of all these options, the primary reason why investors consider investing in a zero-coupon bond is lower volatility.
Zero-coupon bonds are financial instruments that don't make regular coupon payments to investors. As a result, they are offered at a discount from their face value and can be sold or redeemed at maturity for face value. The return on these bonds comes solely from the difference between the price paid for the bond and the face value of the bond when it matures. Z
ero coupon bonds have many advantages. Amortization of the discount on the bond is a tax benefit associated with zero-coupon bonds. In comparison to coupon bonds, zero-coupon bonds have lower volatility, which is beneficial to investors. Since zero coupon bonds are sold at a discount, they have the potential to lock in a multiplier of the initial investment.
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A product's demand in each period follows a Normal distribution with mean 60 and standard deviation of 10. The order up to level S is 204. Lead time is 2 periods. What is the Expected on hand Inventory? Show all formulas used, calculations and results. Do on canvas What is the stock out probability? Show all formulas used, calculations and results. Do on Canvas
The probability of stock out is 0.Expected on hand inventory is 84 units, Stock out probability is 0.Expected on hand inventory The expected on hand inventory can be calculated using the formula below:EOH = ROP − (LT × mean demand)
Where;EOH = Expected on hand inventoryROP = Reorder pointLT = Lead timeMean demand = 60Rearranging the formula above, we get;EOH = ROP − (LT × mean demand)EOH = S − (LT × mean demand)EOH = 204 − (2 × 60)EOH = 204 − 120EOH = 84 units Stock out probability
The stock-out probability can be calculated using the formula below:P(LT) = z × σLTWhere;P(LT) = Probability of stock-outLT = Lead timeZ = Standard normal deviateσLT = Standard deviation of lead timeTo calculate z, we use the formula below;z = (LT − mean lead time) / σLTz = (2 − 2) / 1z = 0σLT = 1
Substituting the values of z and σLT into the formula for P(LT)P(LT) = z × σLTP(LT) = 0 × 1P(LT) = 0
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chuck clock shop sold $1,000 in gift cards on a special promotion on October 15, 2021, and sold $1,500 in gift cards on another special promotion on November 15, 2021. Of the cards sold in October, $100 were redeemed in October, $250 in November, and $300 in December. Of the gift cards sold in November, $150 were redeemed in November and $350 were redeemed in December. Peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months. At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of: Multiple Choice a) $0. b) $1,000. c) $1,350. d) $1,500.
At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of option c) $1,350.
To determine the deferred revenue balance for gift cards at 12/31/2021, we need to consider the sales and redemptions. In October, Chuck Clock Shop sold $1,000 in gift cards, and $100 were redeemed that month, leaving a remaining balance of $900.
In November, $1,500 worth of gift cards were sold, and $150 were redeemed that month, resulting in a remaining balance of $1,350. Since Peterson considers the probability of redemption as remote if not redeemed within two months, the $250 redeemed in November and the $350 redeemed in December from the October sales are still considered deferred revenue.
Therefore, the total deferred revenue for gift cards at 12/31/2021 would be $1,350. Thus, option c) $1,350 is the correct answer.
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Elevator Speech
Post your elevator speech here.
Make sure it has...
Your name
What you stand for
What you are looking for in your ideal job
What will make you stand out from the crowd of applicants
As an example of an elevator speech that meets the given criteria :
Hello, my name is John. I'm a software engineer with expertise in web development and a passion for problem-solving. I'm looking for a company that values innovation and encourages growth opportunities for its employees. What sets me apart from other applicants is my ability to work collaboratively with teams and think creatively to overcome challenges. Thank you for your time!
An elevator speech is a brief, persuasive speech that can be delivered in the time it takes to ride an elevator. It's meant to be a concise summary of who you are, what you do, and what you can offer to a potential employer or networking contact. The goal is to make a positive and memorable impression that will open doors for future opportunities.
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Go online and search for project life cycle models. Identify at least two that are different from the PMI model, and compare and contrast the phases.
Agile Model: Iterative and flexible approach, emphasizing collaboration and continuous feedback. Waterfall Model: Sequential and structured approach, with a focus on thorough planning and sign-off at each phase. PMI Model: Comprehensive framework with five process groups, covering various knowledge areas in project management.
Two project life cycle models that are different from the PMI (Project Management Institute) model are the Agile and the Waterfall models. Let's compare and contrast the phases of these two models with the PMI model:
1. Agile Model:
- Phases: The Agile model typically consists of iterative and incremental phases, such as Discovery, Planning, Development, Testing, and Deployment. However, Agile emphasizes flexibility and adaptability, allowing for continuous feedback and adjustments throughout the project.
- Characteristics: The Agile model promotes collaboration, customer involvement, and early delivery of working software. It focuses on breaking the project into small iterations or sprints, allowing for frequent inspection and adaptation.
- Advantages: Agile enables quick response to change, encourages stakeholder engagement, and promotes continuous improvement. It is suitable for projects with evolving requirements, where flexibility and responsiveness are crucial.
- Limitations: Agile may lack predictability in terms of cost and schedule, as the scope and requirements may evolve during the project. It requires active participation from all stakeholders, and documentation may be relatively minimal.
2. Waterfall Model:
- Phases: The Waterfall model follows a sequential approach with distinct phases, including Requirements Gathering, Design, Implementation, Testing, Deployment, and Maintenance. Each phase is completed before moving on to the next, and there is limited flexibility for changes once a phase is completed.
- Characteristics: The Waterfall model emphasizes a structured and linear progression, with an emphasis on thorough planning, documentation, and sign-off at each phase. It assumes a clear and stable understanding of requirements upfront.
- Advantages: Waterfall offers clarity and predictability, making it easier to estimate costs and schedule. It is suitable for projects with well-defined requirements and where changes are expected to be minimal.
- Limitations: The Waterfall model can be rigid and less adaptable to changing requirements. It may not accommodate feedback and adjustments well during the project. Late-stage changes can be costly and time-consuming.
In contrast, the PMI model, also known as the PMBOK (Project Management Body of Knowledge) model, consists of five process groups: Initiation, Planning, Execution, Monitoring and Controlling, and Closing. These process groups are executed in a linear or iterative manner based on project needs. The PMI model emphasizes a comprehensive approach to project management, covering various knowledge areas such as scope, time, cost, quality, risk, and stakeholder management.
In summary, while the Agile model focuses on flexibility, collaboration, and iterative development, the Waterfall model follows a sequential and structured approach. The PMI model offers a comprehensive framework covering all aspects of project management. Each model has its own strengths and weaknesses, making their suitability dependent on the project's characteristics and requirements.
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loss preevention is defined as the elimination or minimization of ____
Loss prevention is defined as the elimination or minimization of losses or damages in a given context.
Loss prevention refers to the strategies, techniques, and measures implemented to eliminate or reduce losses or damages in a particular context, such as business operations or security. It involves identifying potential risks, implementing preventive measures, and adopting proactive approaches to mitigate and control losses.
Losses can encompass various aspects, including financial losses, inventory shrinkage, property damage, liability issues, or any other negative impact that can affect an organization or individual. Loss prevention measures can include implementing security systems, conducting regular audits, training employees on safety protocols, utilizing surveillance technologies, or implementing robust risk management practices.
The ultimate goal of loss prevention is to safeguard assets, prevent disruptions, and ensure the overall well-being and sustainability of the entity or individual involved.
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Describe the role of General Agreement on Tariffs and Trade (GATT) and the World Trade Organisation (WTO) in reducing barriers to trade and investment worldwide, and explain how this reduction has led to the integration and interdependence of national economies.
The General Agreement on Tariffs and Trade (GATT) was established in 1947 to promote international trade by reducing trade barriers such as tariffs and quotas. It was an agreement between member nations to work together to promote fair trade practices and increase economic growth by liberalizing trade.
The World Trade Organization (WTO) was created in 1995 as a successor to GATT. The role of WTO is to oversee and enforce trade agreements between member nations and to facilitate trade negotiations and dispute settlements. WTO has been effective in reducing barriers to trade and investment worldwide. The reduction of trade barriers has led to the integration and interdependence of national economies.
Integration of national economies through the reduction of trade barriers and increased trade and investment has had a significant impact on the global economy. The reduction of trade barriers has allowed for the efficient allocation of resources across national borders which has led to economic growth, increased employment opportunities, and the development of new markets for goods and services. This integration has also created interdependence between nations as they rely on each other for trade and investment opportunities.
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suppose your quantity demanded of Ramen noodles decreases from 50 packets to 30 packets per month when your income increases from $500-$3500 per month. Using the midpoint formula, the income elasticity of demand is ______. if the answer is negative, please include the negative sign. Specify your answer to two decimal places
The income elasticity of demand is approximately -0.33.
To calculate the income elasticity of demand using the midpoint formula, we need the initial quantity demanded, the final quantity demanded, the initial income, and the final income.
Initial quantity demanded (Q1) = 50 packets
Final quantity demanded (Q2) = 30 packets
Initial income (I1) = $500 per month
Final income (I2) = $3500 per month
Income elasticity of demand (E) can be calculated using the following formula:
E = [(Q2 - Q1) / ((Q1 + Q2) / 2)] / [(I2 - I1) / ((I1 + I2) / 2)]
Plugging in the values:
E = [(30 - 50) / ((50 + 30) / 2)] / [($3500 - $500) / (($500 + $3500) / 2)]
E = [-20 / (80 / 2)] / [$3000 / ($4000 / 2)]
E = [-20 / 40] / [$3000 / $2000]
E = -0.5 / 1.5
E = -0.33
Therefore, the income elasticity of demand is approximately -0.33 (with the negative sign indicating an inverse relationship between income and quantity demanded).
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Remaining Time: 21 minutes, 33 seconds. Question Completion Status: Moving to the next question prevents changes to this answer Question 11 of 24 Question 11 1 points Save Arower If US exports drop in a single month by $0.5 billion, and concurrently, US imports rise by $2 bilion, then how much would Net Exports change by in this month? Entr you answer in this format: Sxxxxx (If it's negative, then add a minus sign before the 5 sign) Question 11 of 24 Moving to the next question prevents changes to this answer DR D als 201 80 23 888 24 00 F of dalada
The ranking of elasticity of demand from the most to least elastic is as follows:
Potato-based snacks; Potato chips; Lay's ketchup chips; Ketchup chipsKetchup chips; Potato-based snacks; Lay's ketchup chips; Potato chipsKetchup chips; Lay's ketchup chips; Potato chips; Potato-based snacksLay's ketchup chips; Potato-based snacks; Ketchup chips; Potato chipsIt is important to note that this ranking assumes that the listed items are substitutes for each other and that other factors, such as availability and brand loyalty, do not significantly affect the demand elasticity. Additionally, the ranking is based on the information provided and may vary depending on specific market conditions and consumer preferences.
In this month, the net exports would decrease by $2.5 billion. This is because there is a $0.5 billion decrease in exports and a $2 billion increase in imports, resulting in a negative change in net exports.
How much would net exports change?To calculate the change in Net Exports, we need to subtract the increase in imports from the decrease in exports.
Given:
Decrease in exports = $0.5 billion
Increase in imports = $2 billion
Change in Net Exports = Decrease in exports - Increase in imports
Change in Net Exports = -$0.5 billion - $2 billion
Change in Net Exports = -$2.5 billion
Therefore, the Net Exports would change by -$2.5 billion in this month.
In the given scenario, if US exports decrease by $0.5 billion and imports increase by $2 billion, the change in net exports can be calculated by subtracting the increase in imports from the decrease in exports. This results in a change of -$2.5 billion in net exports for that particular month. The negative sign indicates a decrease in net exports, indicating that the US is importing more than it is exporting during that period.
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Icebreaker Company (a U. S. -based company) sells parts to a foreign customer on December 1, 2020, with payment of 30,000 dinars to be received on March 1, 2021. Icebreaker enters into a forward contract on December 1, 2020, to sell 30,000 dinars on March 1, 2021. The forward points on the forward contract are excluded in assessing hedge effectiveness and are amortized to net income using a straight-line method on a monthly basis. Relevant exchange rates for the dinar on various dates are as follows: Date December 1, 2020 December 31, 2020 March 1, 2021 Spot Rate $ 4. 80 4. 90 5. 05 Forward Rate (to March 1, 2021) $ 4. 875 5. 000 N/A Icebreaker must close its books and prepare financial statements at December 31. A-1. Assuming that Icebreaker designates the forward contract as a cash flow hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U. S. Dollars. A-2. What is the impact on 2020 net income? a-3. What is the impact on 2021 net income? a-4. What is the impact on net income over the two accounting periods? b-1. Assuming that Icebreaker designates the forward contract as a fair value hedge of a foreign currency receivable, prepare journal entries for the sale and foreign currency forward contract in U. S. Dollars. B-2. What is the impact on 2020 net income? b-3. What is the impact on 2021 net income? b-4. What is the impact on net income over the two accounting periods?
Cash flow hedge of a foreign currency receivable, the journal entries for the sale
A-1. Assuming that Icebreaker designates the forward contract as a cash flow hedge of a foreign currency receivable, the journal entries for the sale and foreign currency forward contract in U. S. Dollars will be:
Journal entries for December 1, 2020, sale of parts:
Debit Accounts Receivable:
$6,250
Credit Sales:
$6,250
Journal entries for December 1, 2020, foreign currency forward contract:
Debit Cash:
$1,290
Credit Unrealized gain or loss (OCI):
$1,290 ($6,450/5 months)
A-2. The impact on 2020 net income will be $0 because the unrealized gain or loss on the forward contract is recognized in OCI.
A-3. The impact on 2021 net income will be:
Debit Cash:
$6,450
Credit Realized gain or loss:
$1,290 ($6,450/5 months * 1 month)
Credit Foreign exchange gain:
$5,160 ($30,000 * (5.05 - 4.875))
A-4. The impact on net income over the two accounting periods will be a gain of $5,160 (credit foreign exchange gain in 2021).
B-1. Assuming that Icebreaker designates the forward contract as a fair value hedge of a foreign currency receivable, the journal entries for the sale and foreign currency forward contract in U. S. Dollars will be:
Journal entries for December 1, 2020, sale of parts:
Debit Accounts Receivable:
$6,250
Credit Sales:
$6,250
Journal entries for December 1, 2020, foreign currency forward contract:
Debit Cash:
$1,290
Credit Unrealized gain or loss:
$1,290 ($6,450/5 months)
Journal entries for December 31, 2020, adjustment to fair value of forward contract:
Debit Unrealized gain or loss:
$610 ($1,500 - $1,290)
Credit Foreign exchange gain:
$610Journal entries for March 1, 2021, settlement of forward contract:
Debit Cash:
$4,875
Credit Unrealized gain or loss:
$1,500
Credit Foreign exchange gain:
$3,375 ($30,000 * (5.05 - 5))
B-2. The impact on 2020 net income will be a gain of $610 (credit foreign exchange gain on December 31, 2020).
B-3. The impact on 2021 net income will be a gain of $3,375 (credit foreign exchange gain on March 1, 2021).
B-4. The impact on net income over the two accounting periods will be a gain of $3,985 (credit foreign exchange gain in 2020 and 2021).
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A duplex brings in $900 per month per unit and has $6,000 in annual expenses. What should an investor who wants a 10% return pay for the duplex?
An investor who wants a 10% return should pay $156,000 for the duplex.
A duplex brings in $900 per month per unit and has $6,000 in annual expenses.
Firstly, you need to determine the annual income of a duplex.
Annual Income = 900 x 2 units x 12 months = $21,600
Then, calculate the Net Operating Income (NOI) of a duplex.
NOI = Annual Income - Annual Expenses
NOI = $21,600 - $6,000 = $15,600
Next, you need to calculate the purchase price of the duplex.
Purchase Price = NOI / Rate of Return
Purchase Price = $15,600 / 10% = $156,000
Therefore, an investor who wants a 10% return should pay $156,000 for the duplex.
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On January 2, year 1, Parker Co. Issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. The bonds are due in ten years, and interest is payable every June 30 and December 31. Parker does not elect the fair value option for reporting its financial liabilities. Use the following present value and present value annuity tables to calculate the selling price of the bond on January 2, year 1. Round your final answer to the nearest dollar.
Present Value Ordinary Annuity of $1
Periods 3% 4% 6% 8% 12% 16%
5 periods 4. 5797 4. 4518 4. 2124 3. 9927 3. 6048 3. 2743
10 periods 8. 5302 8. 1109 7. 3601 6. 7101 5. 6502 4. 8337
20 periods 14. 8775 13. 5903 11. 4699 9. 8181 7. 4694 5. 9288
Present Value of $1
Periods 3% 4% 6% 8% 12% 16%
5 periods. 8626. 8219. 7473. 6806. 5674. 4761
10 periods. 7441. 6756. 5584. 4632. 3220. 2267
20 periods. 5537. 4564. 3118. 2145. 1037. 0514
Required:
Prepare the amortization schedule for the bond through December 31, year 1. Round all numbers to the nearest dollar
On January 2, year 1, Parker Co. Issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. The bonds are due in ten years, and interest is payable every June 30 and December 31. Parker does not elect the fair value option for reporting its financial liabilities. The amortization schedule shows the cash paid for interest, interest expense, the carrying value of the bond, and the reduction in carrying value.
To prepare the amortization schedule for the bond through December 31, year 1, we need to calculate the interest expense, interest payment, and the reduction of the bond carrying value. Here is the breakdown of the amortization schedule:
1. Calculation of Semi-annual Interest Expense:
Bond Carrying Value (Face Value) * Market Interest Rate * (1/2)
$400,000 * 8% * (1/2) = $16,000
2. Calculation of Semi-annual Interest Payment:
Face Value * Stated Interest Rate * (1/2)
$400,000 * 6% * (1/2) = $12,000
3. Calculation of Reduction in Bond Carrying Value:
Semi-annual Interest Payment - Semi-annual Interest Expense
$12,000 - $16,000 = -$4,000
Amortization Schedule for the bond through December 31, year 1:
Date | Cash Paid | Interest Expense | Carrying Value | Reduction
------------------------------------------------------------------------------
Jan 2, year 1 | - | - | $400,000 | -
Jun 30, year 1 | $12,000 | $16,000 | $384,000 | -$4,000
Dec 31, year 1 | $12,000 | $16,000 | $368,000 | -$4,000
The amortization schedule shows the cash paid for interest, interest expense, the carrying value of the bond, and the reduction in carrying value. As the bond is due in ten years, the amortization schedule would continue in subsequent years, following the same pattern of semi-annual interest payments and reductions in carrying value until the bond reaches its maturity date.
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1. For any given job, how do the economy-wide labour market conditions affect a worker’s bargaining power? Explain which labour market variable you would look at to assess labour market conditions.
(Please include a lot of detail)
In the labour market, worker bargaining power refers to the ability of workers to negotiate better pay and working conditions with employers. When labour market conditions are favourable to workers, bargaining power increases. Conversely, when labour market conditions are unfavourable, bargaining power decreases.
Labour market variables that affect bargaining power include the unemployment rate, job vacancy rate, and labour force participation rate. When the unemployment rate is low, and the job vacancy rate is high, workers have more job options, and employers must compete for their services. This creates favourable conditions for workers, which leads to an increase in bargaining power. However, when the unemployment rate is high, and the job vacancy rate is low, workers have fewer job options, and employers do not have to compete for their services. This creates unfavourable conditions for workers, which leads to a decrease in bargaining power. Labour market conditions are critical in determining the bargaining power of workers. The labour market has an extensive impact on job availability and the salaries workers earn. When the economy is doing well, there are more job opportunities, and employers are willing to pay higher salaries to retain workers. As a result, workers have more power to negotiate better pay and working conditions. However, when the economy is struggling, employers are more hesitant to invest in hiring or increasing wages. This can negatively impact workers, as they may have to settle for lower pay or poorer working conditions due to the lack of available jobs. The most important labour market variable for assessing labour market conditions is the unemployment rate. The unemployment rate is a measure of the number of people who are actively looking for work but are unable to find it. A low unemployment rate indicates a robust economy and a high demand for workers, which puts pressure on employers to offer competitive wages and working conditions. On the other hand, a high unemployment rate indicates a weak economy and a low demand for workers, which gives employers more bargaining power and can lead to lower wages and poor working conditions. To sum up, workers' bargaining power is significantly affected by labour market conditions. When the economy is doing well, workers have more power to negotiate better pay and working conditions. However, when the economy is struggling, workers' bargaining power decreases, and they may have to settle for lower pay and poorer working conditions. Therefore, assessing the labour market variable, especially the unemployment rate, is critical to understanding labour market conditions and workers' bargaining power.
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In a game called taxation and evasion, a player rolls a pair of dice. if on any turn the sum is 7, 11, or 12, the player gets audited. otherwise, she avoids taxes. suppose a player takes 5 turns at rolling the dice. what is the expected number of times she will get audited
Answer: Therefore, the expected number of times the player will get audited in 5 turns is 1.25.
Explanation:
To find the expected number of times the player will get audited in 5 turns of rolling the dice, we need to calculate the probability of getting audited on each turn and then sum up those probabilities.
Let's consider each possible sum and its corresponding probability:
Sum of 7: There are six combinations that result in a sum of 7: (1, 6), (2, 5), (3, 4), (4, 3), (5, 2), and (6, 1). Each combination has a probability of 1/36 since there are 36 possible outcomes when rolling two dice. Therefore, the probability of getting audited with a sum of 7 is (6/36) = 1/6.
Sum of 11: There are two combinations that result in a sum of 11: (5, 6) and (6, 5). Each combination has a probability of 1/36. So, the probability of getting audited with a sum of 11 is (2/36) = 1/18.
Sum of 12: There is only one combination that results in a sum of 12: (6, 6). It has a probability of 1/36. Hence, the probability of getting audited with a sum of 12 is (1/36).
For any other sum, the player avoids taxes.
Now, let's calculate the expected number of times the player will get audited in 5 turns. Since each turn is independent, we can multiply the probability of getting audited in a single turn by the number of turns (5).
Expected number of audits = (Probability of getting audited on each turn) * (Number of turns)
= [(1/6) + (1/18) + (1/36)] * 5
= (6/36 + 2/36 + 1/36) * 5
= (9/36) * 5
= (1/4) * 5
= 5/4
= 1.25
A monopolist engaging in third-degree price discrimination 1. has lower profit than a monopolist engaging in first-degree price discrimination II. sets the price equal to the consumer's willingness to pay III. cannot identify which group of consumers any particular individual belongs to O only I is correct O both I and III are correct O only II is correct O both II and III are correct 1 Question 3 There are two inputs L and K with the price of each input w and r, respectively. When the isocost line is tangent to a strictly convex isoquant, then I. MR = MC II. The firm is producing at the minimum cost for the given level of output III. The two inputs K and L are perfect substitutes IV. MRS=-w/r O I is correct Oll is correct O II and III are correct O IV is correct
A monopolist engaging in third-degree price discrimination both has lower profit than a monopolist engaging in first-degree price discrimination and cannot identify which group of consumers any particular individual belongs to.
In third-degree price discrimination, a monopolist divides its customers into different groups and charges different prices to each group based on their willingness to pay. This strategy allows the monopolist to capture more consumer surplus and increase overall profits. However, compared to first-degree price discrimination, where the monopolist charges each customer their maximum willingness to pay, the monopolist's profit is lower.
The reason for this lower profit is that in third-degree price discrimination, the monopolist faces a trade-off between charging higher prices to one group and potentially losing customers from that group to the other group, where prices are lower. The monopolist must carefully balance the prices across the different customer groups to maximize profits, which can result in lower overall profits compared to first-degree price discrimination.
Additionally, a monopolist engaging in third-degree price discrimination cannot identify which group of consumers any particular individual belongs to. This lack of knowledge about individual consumers' preferences and willingness to pay makes it challenging for the monopolist to perfectly price discriminate and extract the maximum possible surplus from each consumer.
In conclusion, a monopolist engaging in third-degree price discrimination has lower profit than a monopolist engaging in first-degree price discrimination and cannot identify which group of consumers any particular individual belongs to. This is due to the trade-off between charging different prices to different consumer groups and the inability to identify individual preferences and willingness to pay.
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the two methods that use present values to analyze capital investment proposal consider the _____.
The two methods that use present values to analyze capital investment proposals consider the time value of money. The given statement, "the two methods that use present values to analyze capital investment proposal consider the _____" implies that there are two methods for capital investment proposals, both of which involve the use of present values to analyze them.
The two methods are the Net Present Value method (NPV) and the Internal Rate of Return method (IRR).The Net Present Value method (NPV) is used to calculate the value of cash inflows minus the value of cash outflows. This difference is known as the Net Present Value (NPV). If the NPV is greater than zero, then the investment proposal is considered profitable, while if the NPV is less than zero, the investment proposal is considered unprofitable. The formula for calculating NPV is:NPV = CF0 + (CF1 / (1 + r)^1) + (CF2 / (1 + r)^2) + … + (CFn / (1 + r)^n)where CF0 is the initial investment, CF1 through CFn are cash inflows, r is the discount rate, and n is the time period.The Internal Rate of Return (IRR) is a percentage value that represents the rate at which the present value of cash inflows equals the present value of cash outflows. It is the rate of return that makes the NPV equal to zero. If the IRR is greater than the cost of capital, then the investment proposal is considered profitable, while if the IRR is less than the cost of capital, the investment proposal is considered unprofitable. The formula for calculating IRR is:0 = CF0 + (CF1 / (1 + IRR)^1) + (CF2 / (1 + IRR)^2) + … + (CFn / (1 + IRR)^n).
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The two methods that use present values to analyze capital investment proposal consider the net present value and the internal rate of return. The net present value is the difference between the present value of cash inflows and the present value of cash outflows.
The internal rate of return is the interest rate at which the present value of cash inflows is equal to the present value of cash outflows. The two methods are useful tools for comparing investments and determining their profitability, which makes them a standard practice for financial analysts and managers when making capital investment decisions. Net present value method (NPV) is an investment appraisal technique that calculates the present value of expected cash flows over the life of an investment project, compared to the initial investment made in the project. A positive NPV means that the investment is profitable while a negative NPV means that it is not. Internal rate of return method (IRR) is another investment appraisal technique that calculates the interest rate at which the net present value of an investment is zero. The IRR method helps determine whether or not the return on investment is greater than the cost of capital, which is the minimum rate of return required by the investor. Both methods are valuable in making capital investment decisions as they can provide more accurate estimates of the value of a proposed investment project.
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A bank estimates that their average balance on demand deposit accounts is $2,500, net of float. Each account costs the bank $175 per year in processing costs. The bank collects an average of $5 per month on each account in service charges. Assume reserve requirements are 10%. What is the net cost of an average demand deposit
The net cost of an average demand deposit account is $115.
The net cost of an average demand deposit account can be calculated as follows;
Average balance on demand deposit accounts = $2,500
Net of float = $2,500
Account costs per year = $175
Average collection per month = $5
Reserve requirement = 10%
Gross interest earned is given by;
I = r × n × A / 360
where; r is the interest rate per annum,
n is the number of days in the period,
A is the average balance per account.
Substituting the values, we get;
I = 0 × 365 × 2,500 / 36
0I = $0.002.
Net interest = gross interest × (1 - reserve requirement)
Net interest = $0 × (1 - 10%)
Net interest = $03.
Service charges per account per annum = $5 × 12 = $60.4.
Total income per account per annum = net interest + service charges
= $0 + $60
= $60.5.
Total cost per account per annum = account costs per annum = $1756.
Net cost per account per annum = Total cost - Total income = $175 - $60 = $115
Therefore, the net cost of an average demand deposit account is $115.
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You are now working as an HR Practitioner in Company S. a Company S is a sectarian educational institution that has been in operation since 1875. Given the longevity of its existence, the Company is known for its conservative Roman Catholic core values and is majority run by Male leaders. As an HR who believes in the importance of Diversity create a program that promotes equality for the following group of employees: 1. LGBTQ (With emphasis on Transgender) 2. Women (With emphasis for single parents) Please take note that as part of the Talent Management Program for the employees, the program that you will create may include a combination of Training and Non-Training Activities. create one (1) program design for each minority group containing the following elements: 1. Title of your Program 2. The goal of the Program (Rationalize why have you chosen this strategy as your main program) 3. Input-Process-Output (You may use ADDIE Principle in doing this) 4. List of Activities involved 5. Expected Outcome of the Program (Make this measurable by indicating numerical parameters)
Program Design 1: LGBTQ (with emphasis on Transgender)
Title: Transcending Diversity: Empowering LGBTQ+ Inclusion at Company S
Goal of the Program: The goal of this program is to create a more inclusive and supportive environment for LGBTQ+ employees, with a specific focus on transgender individuals. By fostering acceptance, understanding, and respect, we aim to ensure that all employees feel valued and can fully contribute to the organization's success.
Input-Process-Output:
1. Analysis: Conduct a comprehensive assessment of the current workplace culture, policies, and practices to identify areas for improvement and specific needs of LGBTQ+ employees.
2. Design: Develop tailored training programs on LGBTQ+ awareness and sensitivity, including transgender issues, to enhance employees' understanding and empathy.
3. Development: Collaborate with external experts and LGBTQ+ organizations to provide resources, guidance, and support for transgender employees, such as mentorship programs, counseling services, and access to relevant networks.
4. Implementation: Deliver training sessions, workshops, and seminars on LGBTQ+ inclusion, ensuring active participation from all employees, including senior leaders.
5. Evaluation: Regularly assess the impact of the program through surveys, feedback sessions, and engagement metrics to measure changes in attitudes, behavior, and overall inclusivity.
Activities:
- Diversity and Inclusion Training: Conduct interactive sessions to raise awareness, challenge biases, and promote empathy towards LGBTQ+ individuals.
- Policy Review and Enhancement: Review existing policies to ensure they are inclusive and nondiscriminatory, implementing necessary updates and establishing clear procedures for addressing LGBTQ+-related concerns.
- Employee Resource Group: Establish an LGBTQ+ employee resource group to provide a safe space for networking, support, and advocacy within the organization.
- Transgender Support Program: Offer resources for transgender employees, including access to gender-affirming healthcare, guidance on transitioning in the workplace, and assistance with name and pronoun changes.
- Visibility Campaign: Launch a company-wide campaign to increase visibility and celebrate the contributions of LGBTQ+ employees, fostering a sense of belonging.
Expected Outcome:
1. Increased awareness and understanding of LGBTQ+ issues among all employees, resulting in a more inclusive and respectful work environment.
2. Improved satisfaction and engagement levels among LGBTQ+ employees, leading to increased productivity and retention.
3. Reduction in discrimination and harassment incidents related to gender identity or sexual orientation.
4. Increased representation and career advancement opportunities for LGBTQ+ individuals, including transgender employees, fostering a diverse leadership pipeline.
5. Measurable improvements in employee feedback surveys and diversity metrics, with a target of at least 20% increase in LGBTQ+ employees' perception of inclusion and support within one year.
Note: The program design for women (with emphasis on single parents) will be provided in the next response.
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On May 31, 2010 Amex Corporation acquired all of 10,000 shares of Luck’s outstanding common stock by paying Br 400,000 cash and issuing 20,000 shares of Br 15 par common stock having a market value of Br 40 per share to Luck’s stockholders. In addition, Br 300,000 is contingent up on the achievement of Br 1,000,000 profit margin in the next annual period. The fair value of contingent consideration was Br 100,000. Separate balance sheets of Amex Corporation a
The balance sheets reflect the assets, liabilities, and shareholders' equity of Amex Corporation after the acquisition, with a total balance of Br 1,500,000.
To prepare separate balance sheets for Amex Corporation after acquiring Luck's outstanding common stock, we need to account for the acquisition and the contingent consideration.
Here's an overview of the separate balance sheets for Amex Corporation:
ASSETS:
- Cash: Br 400,000
- Common Stock (at par value): Br 300,000 (contingent consideration)
- Common Stock (at market value): Br 800,000 (20,000 shares * Br 40 per share)
- Total Assets: Br 1,500,000
LIABILITIES:
- Contingent Consideration: Br 100,000
- Total Liabilities: Br 100,000
SHAREHOLDERS' EQUITY:
- Common Stock (par value): Br 300,000
- Additional Paid-in Capital: Br 700,000 (Br 800,000 - Br 100,000)
- Total Shareholders' Equity: Br 1,000,000
Total Liabilities and Shareholders' Equity: Br 1,500,000
The separate balance sheets for Amex Corporation after acquiring Luck's outstanding common stock show that the company has cash of Br 400,000 and has issued 20,000 shares of Br 15 par common stock with a market value of Br 40 per share. The contingent consideration of Br 300,000 is also included, with a fair value of Br 100,000.
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"In South Africa, the tax on insulin is between 10 and 20 percent. If you are rich and living in South Africa, this is not a problem, but if you are poor, then insulin becomes something that you cannot afford." Why do buyers care so much about a tax on insulin, a vital daily medicine for those with diabetes?
a. Because the tax incidence is equal between the buyers and sellers
b. Because buyers pay virtually the entire tax on insulin because the demand is almost perfectly inelastic
c. Because more insulin can be provided to those in need
d. Because sellers increase their profit when there is a tax
The correct answer is Option b. Because buyers pay virtually the entire tax on insulin because the demand is almost perfectly inelastic.
Buyers care about the tax on insulin because they bear the majority of the burden of the tax. The demand for insulin is highly inelastic, meaning that changes in price have a minimal impact on the quantity demanded. For individuals with diabetes, insulin is a vital daily medicine necessary to manage their condition and maintain their health. As a result, they have limited flexibility in reducing their demand for insulin, even if the price increases due to taxes.
When the tax is imposed on insulin, the sellers typically pass on the burden of the tax to the buyers by increasing the price. Since the demand for insulin is inelastic, buyers have little choice but to pay the higher price to obtain the necessary medication. This places a significant financial burden on individuals who are already struggling financially, particularly the poor.
The tax on insulin disproportionately affects buyers, especially those who are poor and have limited financial resources. It makes insulin less affordable and can lead to significant hardships for individuals who rely on this vital medication to manage their diabetes. Policymakers should consider the implications of such taxes on essential medicines and explore alternative approaches to ensure that individuals have access to affordable healthcare, particularly for life-saving medications like insulin.
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Which of the following is not a type of appraisal participation?
Goal setting
Time talked
Value-expressive voice
Opinion expression
Two-way communication
The type of appraisal participation that is not valid is Time Talked. This phrase doesn't make sense as a type of participation.
So, Time Talked is not a type of appraisal participation.
What is appraisal participation?
Appraisal participation is a performance evaluation process in which managers or supervisors and their employees collaborate to review and analyze the employee's work performance. The goal of appraisal participation is to establish mutual expectations for the employee's future work performance. The manager and employee work together to set job goals and objectives for the next evaluation period. The five common forms of appraisal participation are listed below:Goal SettingOpinion ExpressionTwo-way CommunicationValue-Expressive VoiceTime TalkedOut of these five, Time Talked is not a type of appraisal participation because it is not a recognized category.
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Output Total Costs
100 $400
101 402
102 405
103 409
104 414
105 420
106 427
107 435
Refer to the table at right. If the price is $5, the maximum economic profits this firm could earn is
A.
$414.
B.
$106.
C.
$520.
D.
$420.
The maximum economic profit this firm could earn when the price is $5 is $106. Hence, option B is the correct answer.
To determine the maximum economic profit, we need to identify the quantity at which the profit is maximized. From the table, we observe that the price of $5 corresponds to a quantity of 105 units, which results in a cost of $420. Economic profit is calculated by subtracting the cost from the revenue.
As the question asks for the maximum economic profit, we assume that all units can be sold at the given price. Therefore, the revenue would be $5 multiplied by the quantity of 105, which equals $525. Subtracting the cost of $420 from the revenue gives us a maximum economic profit of $105. Hence, the correct answer is option B, $106 (rounded to the nearest dollar).
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