(a) Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.) Current Assets Current Liabilities Current Ratio
Edison $ 79,040 $ -32,000 ____
MAXT 104,880 76,000 ____
Chatter 45,080 49,000 ____
TRU 85,680 81,600 ____
Gleeson 61,000 100,000 ____
(b) Which competitor is in the best position to pay its short-term obligations?
O Edison
O MAXT O Chatter
O TRU O Gleeson

Answers

Answer 1

(a) Edison: Current Ratio = 79,040/(-32,000) = N/A (since the current liabilities are negative)


MAXT: Current Ratio = 104,880/76,000 = 1.38
Chatter: Current Ratio = 45,080/49,000 = 0.92
TRU: Current Ratio = 85,680/81,600 = 1.05
Gleeson: Current Ratio = 61,000/100,000 = 0.61
(b) MAXT has the highest current ratio among the competitors, indicating that it is in the best position to pay its short-term obligations.
(a) To calculate the current ratio, divide current assets by current liabilities:
Edison: Current Ratio = $79,040 / $32,000 = 2.47
MAXT: Current Ratio = $104,880 / $76,000 = 1.38
Chatter: Current Ratio = $45,080 / $49,000 = 0.92
TRU: Current Ratio = $85,680 / $81,600 = 1.05
Gleeson: Current Ratio = $61,000 / $100,000 = 0.61
(b) The competitor in the best position to pay its short-term obligations is the one with the highest current ratio. In this case, Edison has the highest current ratio at 2.47.

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Related Questions

On its year end date of December 31, 2020, Red Rock Limited reported the following balances from the Shareholders' Equity section 16 marks of its balance sheet: Credit balance in retained earnings account $ Number of common shares outstanding Balance in the common share capital account 427,207 38,139 811,213 12,219 Number of $2 non-cumulative, non-participating preferred shares issued Balance in the preferred share capital account $ 481,216 The company is entitled to authorize an unlimited number of both common and preferred shares. The following transactions occurred for the corporation during the 2021 year: February 3 Issued common shares for cash. Total number of common shares issued: 14,944 Issue price per share: $ 18 July 5 Issued preferred shares for cash. Total number of preferred shares issued: 1,214 33 Issue price per share: S November 28 Cash dividends were declared. The date of record is December 15, and the dividends will be paid on January 5, 2022. Amount of cash dividends declared: $ 69,230 December 31 The corporation had a credit balance in the Income Summary account at the end of the year. Balance in the Income Summary account at the end of the year: $ 181,352 Required: 1. Prepare journal entries to record each of the above transactions, including any applicable closing entries. 2. Prepare the Statement of Changes in Equity for Red Rock Limited for the year ended December 31, 2021. Prepare the Shareholders' Equity section of the balance sheet of Red Rock Limited at December 31, 2021. 3. $

Answers

February 3, Issuance of common shares for cash:$18 × 14,944 = $269,392 cash credit Common Share Capital account credit $28,945 cash debit Retained Earnings account credit $240,447 July 5, Issuance of preferred shares for cash:$33 × 1,214 = $39,942 cash credit Preferred Share Capital account credit $39,942 November 28, Declared cash dividends:$69,230 Retained Earnings account debit $69,230 Dividends Payable account credit $69,230December 31, Closing entries:

Close revenues and expenses to Income Summary: Income Summary account debit $307,300 Revenue accounts credit $307,300 Income Summary account credit $125,948 Expense accounts debit $125,948Close Income Summary to Retained Earnings:

Retained Earnings account credit $181,352 Income Summary account debit $181,3522.

(a) Statement of Changes in Equity for Red Rock Limited for the year ended December 31, 2021:Red Rock Limited

Statement of Changes in Equity

For the Year Ended December 31, 2021Common Shares

Retained Earnings

Preferred Shares

Total Balance, December 31, 2020 $ 811,213 $ 427,207 $ 481,216 $ 1,719,636

Additions:

Issuance of common shares $ 28,945 — — $ 28,945Issuance of preferred shares — — $ 39,942 $ 39,942Net Income for the year — 181,352 — 181,352Dividends declared — (69,230) — (69,230)Total Additions 28,945 112,122 39,942 181,009Ending Balance, December 31, 2021 $ 840,158 $ 539,329 $ 521,158 $ 1,900,645(b) Shareholders' Equity section of the balance sheet of Red Rock Limited at December 31, 2021:Red Rock Limited

Balance Sheet

Shareholders' Equity

December 31, 2021Common Shares, 38,139,144 shares authorized, 53,083,144 shares issued and outstanding $ 840,158

Retained Earnings 539,329

Preferred Shares, 100,000 shares authorized, 67,214 shares issued and outstanding 521,158

Total Shareholders' Equity $ 1,900,645

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In Europe, is gender equality more valued than in America?

Answers

Answer:

Explanation:

It is difficult to make a generalized statement about the valuation of gender equality in Europe compared to America, as both regions consist of diverse countries with varying cultural, social, and political contexts. Within Europe and America, attitudes towards gender equality can vary significantly between countries, regions, and individuals.In general, Europe has a long history of feminist movements and has made notable progress in promoting gender equality. Many European countries have implemented policies and laws to address gender disparities, such as equal pay, parental leave, and representation quotas. Some European countries rank highly in global gender equality indices, reflecting a relatively strong commitment to gender equality.On the other hand, gender equality in America has also been a significant focus, with notable advancements achieved through the feminist movement and legal reforms. However, progress in the United States has been more varied and often depends on factors such as geographical location, socioeconomic status, and cultural values. While certain states and cities in the US have implemented progressive policies and fostered gender equality, other areas may exhibit more resistance or slower progress.

what is a partnership where all partners are limited partners called?

Answers

A partnership where all partners are limited partners is called a Limited Partnership (LP).

What is limited partnership (LP)?

A limited partnership (LP) is a type of partnership where there are two types of partners: general partners and limited partners.

1. General Partners: In a limited partnership, there must be at least one general partner. General partners have unlimited personal liability for the debts and obligations of the partnership. They actively manage the partnership, make business decisions, and are responsible for the day-to-day operations of the business. General partners also share in the profits and losses of the partnership.

2. Limited Partners: Limited partners, on the other hand, have limited liability. They are not personally responsible for the partnership's debts beyond their investment in the partnership. Limited partners typically contribute capital to the partnership but do not participate in the management or decision-making process. Their role is primarily passive, and they rely on the general partners to run the business. Limited partners share in the profits and losses of the partnership based on their percentage of ownership or the terms outlined in the partnership agreement.

In a partnership where all partners are limited partners, it means that there are no general partners involved. This type of partnership is often referred to as a "limited liability partnership" (LLP) or a "limited partnership agreement" (LPA). In this arrangement, all partners have limited liability and do not have direct involvement in the management of the partnership's operations. They contribute capital and share in the profits and losses, but their liability is limited to their investment in the partnership.

Therefore, a partnership where all partners are limited partners is called a Limited Partnership (LP).

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Which of the following statements is true?
Group of answer choices
Make-to-order production processes are well suited for high-volume production of a standardized product
Starving in production processes is when activities in a stage must continue because there is no place to deposit completed items.
Little's law says there is a long-term relationship among the inventory, throughput, and flow time of a production system in steady state.
Cycle time is the ratio of the time that a resource is actually activated relative to the time that it is available for use.

Answers

Cycle time is the ratio of the time that a resource is actually activated relative to the time that it is available for use, this statement is true. Therefore, option D is correct.

Cycle time is indeed the ratio of the time that a resource is actually activated (working) relative to the time that it is available for use.

It represents the time taken to complete one cycle of a process or operation and is an important metric for measuring the efficiency and productivity of a production system. The other three options are false.

Thus, option D is correct.

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Argentina does not have a tax treaty with the U.S. Russia does have a treaty with the U.S. a. Argentina is unwilling to reduce its withholding tax rates on interest/dividend payments to U.S. investors. b. Russia is willing to reduce its withholding tax rates on interest/dividend payments to U.S. investors so that it could attract U.S. investments. c. Both a and b are correct. d. Neither a nor b are correct.

Answers

With regard to the withholding tax rates on interest/dividend payments to U.S. investors, Russia is willing to reduce the rates to attract U.S. investments, while Argentina is unwilling to reduce its rates.

Therefore, option (c) Both a and b are correct is the correct answer. Explanation: The tax treaties are contracts between two nations to reduce double taxation that can occur when taxes are levied on income produced in one nation by a resident of another nation. A tax treaty is an agreement between two or more countries to avoid double taxation of income produced in one country by a resident of another country. There are a few significant reasons for countries to establish tax treaties: Reduce or eliminate withholding taxes on payments, such as dividends, interest, and royalties, made between residents of the two countries in order to facilitate trade between the two countries.

Reduce the tax paid by residents of one of the nations when they generate income in the other country.

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which is a component of total variability? turnaround time variability measurement variability process design variability both b and c

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A component of total variability is e. both b and c

Total variability, independent of the groups or treatment conditions, is the variation among all values of a result for a statistical test. The components of total variability are variability measurement and variability process. The quantification or evaluation of the degree of variability in a certain process or system is referred to as variability measurement.

The range, standard deviation, or other statistical metrics that represent the level of variation are determined by analysing the data. The term "variability process" refers to the variables or components that make up a process and cause variation. It entails locating and comprehending the sources of variability, such as various inputs, processes, or environmental factors that may affect the output.

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Complete Question:

Which is a component of total variability?

a. turnaround time

b. variability measurement

c. variability process

d. design variability

e. both b and c

In business analytics, similarity can be calculated using
-----------------

Answers

Euclidean distance, for example, calculates the straight-line distance between two data points in a multi-dimensional space.

How does Euclidean distance measure similarity between data points?

In business analytics, similarity can be calculated using various methods and techniques. One commonly used approach is measuring similarity based on distance metrics.

Euclidean distance, for example, calculates the straight-line distance between two data points in a multi-dimensional space. Other distance metrics, such as Manhattan distance and cosine similarity, are also frequently employed.

These metrics quantify the similarity or dissimilarity between data points, allowing businesses to compare and identify patterns, clusters, or relationships within their data.

Additionally, similarity can also be determined through techniques like correlation analysis, where the degree of association between variables is examined.

Ultimately, the choice of similarity calculation method depends on the specific context and requirements of the business analytics task at hand.

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Office Min is considering several risk-free projects:
Project
Initial cash flow
Cash flow in 1 year
A
-8,500
10,200
B
-4,000
4,200
C
-5,200
5,980
The risk-free interest rate is 9%.
What

Answers

The net present value (NPV) of each project is as follows:

Project A: $1,004.59

Project B: $124.13

Project C: $218.35

How to find the financial evaluation of each project based on their net present value?

The net present value (NPV) is a financial metric used to assess the profitability of an investment or project.

It represents the difference between the present value of cash inflows and the present value of cash outflows.

A positive NPV indicates that the project is expected to generate more cash inflows than the initial investment, while a negative NPV suggests that the project is not financially viable.

In this case, the NPV of each project is calculated by discounting the cash flows at the risk-free interest rate of 9%.

The initial cash flow represents the investment cost, and the cash flow in 1 year represents the expected return.

Project A has an initial cash flow of -$8,500 and a cash flow of $10,200 in 1 year. After discounting the cash flows, the NPV is $1,004.59, indicating that Project A is expected to generate a positive return.

Project B has an initial cash flow of -$4,000 and a cash flow of $4,200 in 1 year. The NPV is $124.13, suggesting a marginal positive return for Project B.

Project C has an initial cash flow of -$5,200 and a cash flow of $5,980 in 1 year. The NPV is $218.35, indicating a positive return for Project C.

Overall, based on the net present value analysis, Project A has the highest expected return among the three projects, followed by Project C and then Project B.

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Consider a FRA where S&L Inc. agrees to lend $100 mil. to a FRA dealer at a fixed rate for 1 year starting in 5 years. The contractual rate is X percent per annum. Assume that in 5 years the realized 1-year LIBOR is 6.5% per annum. At FRA's settlement date the S&L Inc. pays dealer, therefore it must be that X is __and the settlement amount equals a. less than 6.5%; dealer's gain divided by 1.065 b. equals to 6.5%; dealer's gain divided by 1.065 c. greater than 6.5%; dealer's gain divided by 1.065 d. less than 6.5%; dealer's gain in divided by (1+X) e greater than 6.5%; dealer's gain divided by (1+X)

Answers

The contractual rate X is less than 6.5%, and the settlement amount equals the dealer's gain divided by 1.065.Therefore, the correct answer is (a) less than 6.5%; dealer's gain divided by 1.065.

What is the relationship between the contractual rate X and the settlement amount?

In this scenario, S&L Inc. agrees to lend $100 million to a FRA dealer at a fixed rate for 1 year starting in 5 years. The realized 1-year LIBOR rate at that time is 6.5% per annum.

The settlement amount at the FRA's settlement date depends on the agreed contractual rate X. Since the 1-year LIBOR rate is higher than X, it implies that X is less than 6.5%.

The settlement amount is calculated by dividing the dealer's gain by 1.065 (1 plus the LIBOR rate). Therefore, the correct answer is (a) less than 6.5%; dealer's gain divided by 1.065.

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Based on Expectation Theory, if the yield curve has a positive slope, which Statement is true.
A Short term rates will be higher in the future. b. Inflation is expected to decline C. Long term rates are lower than short term rates D. Short term rates are expected to be higher in the future.

Answers

Based on Expectation Theory, if the yield curve has a positive slope,

The true statement is: "D. Short term rates are expected to be higher in the future."

How does a positively sloped yield curve in the Expectation Theory indicate higher future short-term rates?

The Expectation Theory suggests that long-term interest rates are determined by the market's expectation of future short-term interest rates.

When the yield curve has a positive slope, it indicates that investors expect short-term interest rates to increase in the future. This expectation of higher short-term rates influences the upward slope of the yield curve.

In Expectation Theory, a positively sloped yield curve implies that investors anticipate higher short-term interest rates in the future. This expectation influences the upward slope of the curve, indicating that short-term rates are expected to rise.

So, According to the Expectation Theory, if the yield curve has a positive slope, the correct statement would be:

D. Short term rates are expected to be higher in the future.

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Please do all questions
Question 3 A. Define transfer pricing and elaborate on FOUR (4) of its purposes. (14 marks) B. In deciding a transfer pricing method, advise management on: i. negotiated transfer pricing ii. market-ba

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A) Transfer pricing refers to the price charged for goods and services transferred or sold between entities under the same or related ownership, control, or management.

Transfer pricing is a taxation method that aims to prevent tax evasion by multinational companies by ensuring that their taxable profits are appropriately allocated among their countries of operation.

Transfer pricing purposes are as follows:

i. Tax purposes: it is done to lower the tax burden by avoiding high taxes in some countries and instead paying lower taxes in others.

ii. Performance evaluation: transfer pricing can be used to evaluate the performance of individual companies within a larger group.

iii. Transfer pricing can be used to shift income or profits from high-tax countries to low-tax countries.

iv. To avoid foreign exchange controls and regulations by paying foreign entities in foreign currency.

B) In deciding a transfer pricing method, management is advised as follows:

i. Negotiated transfer pricing: Negotiated transfer pricing is suitable for companies that operate in the same jurisdiction and where there are few differences between them. In such cases, the transfer price should be negotiated between the two parties, taking into account the goods' value and quality.

ii. Market-based transfer pricing: Market-based transfer pricing is appropriate where there is an active market for similar goods, and where the goods' value is easily determined. In this case, the transfer price is based on the market value of the goods, taking into account any differences between them.

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During Samsung’s selection process of a new engineer,
they should do two types of intensive assessment: Select one:
a.
Psychological testing and on-boarding
b.
On-boarding and performance assessment

Answers

The correct option is B.

During Samsung's selection process for a new engineer, they should do two types of intensive assessment Onboarding and performance assessment.

What is onboarding?

Onboarding is the process of providing new employees with the necessary information, resources, and tools they need to be successful in their new roles. On-boarding helps new employees adjust to the organization's culture and values, as well as become acclimated to their new surroundings and colleagues.

What is a performance assessment?

A performance assessment is a way to evaluate an employee's performance. It typically includes a review of the employee's job responsibilities, a discussion of goals and objectives, and a discussion of the employee's strengths and weaknesses. Performance assessments are typically conducted annually, although they may be conducted more frequently depending on the organization's needs. Therefore, during Samsung's selection process for a new engineer, they should do two types of intensive assessment, on-boarding, and performance assessment.

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Assignment #1 is based on the case study in our textbook, Corporate Social Responsibility (Chandler, 2020), pages 40-53. You may work individually or with a partner to complete this assignment. If you work with a partner, only one member of the group needs to submit the paper in eCentennial – please include the name of each member of your group on the cover page. Complete and submit this assignment in eCentennial by 11:59pm on the day of class in Module 3. This assignment is worth 15% of your final mark. Instructions: • Read the case study on pages 40-53 of the textbook. • Answer the following questions: 1. Why is it important for a company to embrace CSR? Is it a company’s responsibility to deliver social and environmental progress? Explain in detail and provide examples. 2. What does it mean for a company to be socially responsible with respect to religion? How can companies include religion into their operations and strategic outlook? 3. Religion is a delicate topic and one that is considered "taboo" to discuss in the workplace. Do you believe religion is a private matter and shouldn’t be discussed at work? What laws are in place in Canada to protect you regarding religious freedoms and do you believe they are enough? 4. What does it mean when the case discusses Islamic financial products? Are they sharia- compliant as described in this case study. Requirements: • Each answer should be approximately ½ page, single spaced, size 12 font. • Each answer should include information from the textbook and online lecture as applicable. • Include a cover page with your name(s) and student number. • All pages should be numbered. • Include in-text citations with a reference page, following the APA 7th edition citation guide – this is a formal paper. Minimum of three references. Please submit your assignment in the Assignment #1 submission folder in eCentennial at 11:59pm on the day of class in Module 3.

Answers

The assignment requires students to complete a case study analysis from the textbook on corporate social responsibility (CSR) and answer specific questions related to CSR and religion. The assignment can be completed individually or in a group, with only one member required to submit the paper.

The assignment is worth 15% of the final grade and must be submitted by the deadline in eCentennial. Students are required to read the case study and answer four questions related to CSR and religion. The questions require students to explain why it's important for a company to embrace CSR, what it means for a company to be socially responsible with respect to religion, whether religion is a private matter and what laws are in place in Canada to protect religious freedoms, and what Islamic financial products are and whether they are sharia-compliant.

Each answer should be approximately ½ page, single spaced, size 12 font and include information from the textbook and online lecture as applicable. In-text citations and a reference page following the APA 7th edition citation guide are required. The paper must have a cover page with the student's name(s) and student number, and all pages should be numbered.
To complete Assignment #1, follow these steps:

1. Read the case study on pages 40-53 of the Corporate Social Responsibility textbook (Chandler, 2020).
2. Work individually or with a partner. If working with a partner, include both names on the cover page.
3. Answer the four questions provided in the instructions, ensuring each answer is approximately 100 words or ½ page, single spaced, size 12 font.
4. Incorporate information from the textbook and online lecture in your answers.
5. Format your paper with a cover page, numbered pages, in-text citations, and a reference page following APA 7th edition citation guide. Include a minimum of three references.
6. Submit your completed assignment in the Assignment #1 submission folder in eCentennial by 11:59pm on the day of class in Module 3.

By following these steps, you will address the key aspects of the assignment, including CSR importance, socially responsible behavior with respect to religion, religious freedoms in the workplace, and Islamic financial products. This assignment is worth 15% of your final mark, so make sure to submit a well-structured and well-researched paper. Good luck!

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Marcy invests $10,000 into an educational savings account for her daughter, which earns 4% interest compounded annually. Find the account balance in 12 years.Marcy invests $10,000 into an educational savings account for her daughter, which earns 4% interest compounded annually. Find the account balance in 12 years.

Answers

The account balance in 12 years would be approximately $16,010.32. Marcy's initial investment of $10,000 will grow to this amount due to the compounded interest over the 12-year period.

What is the account balance in 12 years if Marcy invests $10,000 in an educational savings account with a 4% interest rate compounded annually?

To find the account balance in 12 years, we can use the formula for compound interest:

[tex]A = P(1 + r/n)^(nt)[/tex]

Where:

A = the account balance

P = the principal amount (initial investment)

r = the annual interest rate (expressed as a decimal)

n = the number of times interest is compounded per year

t = the number of years

In this case, Marcy invests $10,000 (P) into an educational savings account with a 4% interest rate (r) compounded annually, which means n = 1. She wants to find the account balance after 12 years (t).

Plugging in the values into the formula, we get:

[tex]A = $10,000(1 + 0.04/1)^(1*12)A = $10,000(1 + 0.04)^12A = $10,000(1.04)^12[/tex]

Using a calculator or computational tool, we can calculate the expression [tex](1.04)^12:[/tex]

A ≈ $10,000(1.601032)

A ≈ $16,010.32

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Lower (less positive and more negative) the correlation between asset returns, ________.
1)
lesser the potential diversification of risk
2)
greater the potential diversification of risk
3)
lower the potential profit
4)
lesser the assets have to be monitored

Answers

Lower (less positive and more negative) the correlation between asset returns, Lesser the potential diversification of risk. The correct option is 1.

The asset movements are less synchronized when there is a lower correlation between asset returns. The potential for risk diversification is lessened in this situation. Diversification is the process of spreading investments across a variety of assets to lessen the effect that the performance of any one asset will have on the portfolio as a whole. The potential benefits of diversification are lessened when asset returns have a lower correlation because it shows that the assets are not moving in lockstep.

The potential for risk diversification is decreased when there is a higher correlation between asset returns, which shows that the assets have a tendency to move together. An asset's propensity to move independently is indicated by a lower correlation which raises the possibility of diversification and lowers overall risk. The correct option is 1.

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International Finance and the Exchange Rate - End of Chapter Problem a. Please select each piece of information needed to calculate a real exchange rate. nominal exchange rate
foreign price in foreign currency domestic price in home currency domestic price in foreign currency Incorrect b. A higher real exchange rate implies that
foreign goods have become more expensive relative to domestic goods. domestic goods have become more expensive relative to foreign goods. domestic goods have become cheaper relative to foreign goods. the domestic currency is depreciating. Incorrect

Answers

To calculate a real exchange rate, the necessary information includes the nominal exchange rate and the domestic and foreign price levels.

Explanation: Real exchange rate is the price of domestic goods relative to foreign goods. It is calculated by multiplying the nominal exchange rate by the ratio of foreign price level to the domestic price level (which is expressed as a ratio of price levels). Therefore, the information needed to calculate a real exchange rate are nominal exchange rate and price levels for domestic and foreign goods. From the given options, the correct choices would be "nominal exchange rate" and "domestic goods have become cheaper relative to foreign goods."

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A Cheese Producer Pursues A New Market Through E-Commerce: The Case of Mohamed Bakkar
Mohamed Bakkar, an entrepreneur running a business called Besma ("joyful" in Arabic), fled to Turkey in 2016. Bakkar had been an electrical engineer in Syria, but he was unable to find a job in his field upon arrival in Turkey due to the Arabic-Turkish language barrier. He decided to pursue a cheese business instead, making the cheese the same way his mother did when he was a child. He produced the cheese in bulk and prepared it for distribution to local Syrian-owned dairy stores.
After about five years, Bakkar had built a customer base of 10 Syrian-owned stores in Istanbul, but the Syrian-style cheese market had become increasingly crowded. He needed a strategic plan for growth, and was considering selling directly to individual customers and creating an e-commerce website to expand his reach to include Turks.
a) Given that Bakkar is just new in the market, what would you describe as his best distribution channel? And what marketing options does he have to advertise and popularize his product while leveraging on the advantages of technology given that he is still operating on small scale?
b) Design a strategy for Bakkar on how he can employ e-commerce to improve the performance of his business

Answers

a) As a new player in the market, Bakkar's best distribution channel would be to leverage his existing customer base of Syrian-owned dairy stores and sell directly to individual customers through e-commerce. This will allow him to reach a wider audience without having to incur the high costs associated with traditional advertising.

He can also leverage social media to advertise and popularize his product, as it is a cost-effective and efficient way to reach potential customers. By creating social media accounts and posting pictures and videos of his products, Bakkar can increase brand awareness and generate interest in his cheese. b) To employ e-commerce effectively, Bakkar should first create a user-friendly and visually appealing website where customers can easily browse and purchase his products. He should also invest in digital marketing techniques such as search engine optimization (SEO) and pay-per-click (PPC) advertising to increase website traffic and attract potential customers. Additionally, he can offer discounts and promotions for first-time customers to encourage them to try his products and build customer loyalty. Bakkar can also consider partnering with popular food bloggers or influencers on social media to promote his products to a wider audience. By embracing e-commerce, Bakkar can significantly improve the performance of his business by expanding his reach, increasing sales, and building a loyal customer base.

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Use the following corn futures quotes (priced in cents): Corn 5,000 bushels Contract Month Low Settle Open Int Mar 597,913 Open High Chg 455.125 457.000 451.750 452.000 -2.750 467.000 468.000 463.000

Answers

Here is information based on quotations for corn futures: March is the Contract Month. Low: $455.125 cents,452.000 pennies are settled.597,913 contracts are available on the open market (open interest).457.000 cents are available. High: 468,000 cents, Change (Change): 2.750 cents

Calculations is as follows:

The prices shown for the corn futures quotations correspond to a 5,000 bushel contract month. Let's examine the data given in more detail:

Term Month: March, Reduced: 455.125 cents per bushel, Negotiated price: 452.000 cents per bushel,597,913 open market, Bushel price open: 451.750, A high price of 468 cents per bushel Change: -2.750 (price adjustment) The low price, which equals 455.125 cents per bushel for the contract month, is the lowest traded price.

The contract's closing price, which was 452.000 cents per bushel at the close of trade, is represented by the settle price.

The total outstanding contracts for the contract month, or 597,913 contracts, are represented by the open interest. When a contract initially trades at the open price, it means that it was The change indicates the price reduction of 2.750 cents per bushel from the previous trading day.

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Assume Gillette Corporation will pay an annual dividend of $0.61 one year from now. Analysts expect this dividend to grow at 11.3% to the dividend-discount model, what is the value of a share of Gille

Answers

The value of a share of Gillette Corporation, based on these assumptions, would be approximately -$18.48.

What is the annual dividend amount that Gillette Corporation is expected to pay one year from now?

The value of a share of Gillette Corporation using the dividend-discount model, we need to determine the present value of future dividends.

Given that the annual dividend is expected to be $0.61 one year from now and is projected to grow at a rate of 11.3%, we can use the formula:

Value of Share = Dividend / (Discount Rate - Growth Rate)

Assuming a discount rate of, for example, 8%, we can substitute the values into the formula:

Value of Share = $0.61 / (0.08 - 0.113)

Simplifying the equation, we get:

Value of Share ≈ $0.61 / (-0.033)

The value of a share of Gillette Corporation, based on these assumptions, would be approximately -$18.48.

However, it's important to note that negative values may indicate a problem with the inputs or assumptions used in the calculation.

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Cookie Dough Deluxe is a raw cookie dough manufacturer that sells to numerous bakeries in Nashville through a distributor that uses a 25% markup. If Mimi's Sweets, a popular local bakery retailer, sells their baked cookies for $6.00 per dozen, with a markup of 45%, what price should Cookie Dough charge per dozen using the Demand-Minus Pricing method (rounded to the nearest cent)? $2.48 O $3.31 $3.53 $3.02 O $1.80

Answers

To determine the price Cookie Dough Deluxe should charge per dozen using the Demand-Minus Pricing method, we need to calculate the cost to Mimi's Sweets and apply the desired markup.

Given information:

Mimi's Sweets sells baked cookies for $6.00 per dozen with a 45% markup.

The distributor that supplies Cookie Dough Deluxe applies a 25% markup.

Let's calculate the cost to Mimi's Sweets:

Cost to Mimi's Sweets = Selling price / (1 + Markup percentage)

Cost to Mimi's Sweets = $6.00 / (1 + 0.45)

Cost to Mimi's Sweets = $6.00 / 1.45

Cost to Mimi's Sweets = $4.14 (rounded to the nearest cent)

Now, let's apply the Demand-Minus Pricing method by subtracting the desired profit margin from the cost to Mimi's Sweets:

Price per dozen = Cost to Mimi's Sweets - Desired profit margin

Price per dozen = $4.14 - (0.25 * $4.14)

Price per dozen = $4.14 - $1.04

Price per dozen = $3.10 (rounded to the nearest cent)

Therefore, using the Demand-Minus Pricing method, Cookie Dough Deluxe should charge $3.10 per dozen to Mimi's Sweets. None of the options provided match the calculated price.

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The real risk-free rate (r) is 2.8% and is expected to remain constant. Inflation is expected to be 3% per year for each of the next five years and 2% thereafter, The maturity risk premium (MRP) is determined from the formula: 0.1(t-1) %, where t is the security's maturity. The liquidity premium (LP) on all BTR Warehousing's bonds is 0.55%. The following table shows the current relationship between bond ratings and default risk premiums (DRP): Rating Default Risk Premium U.S. Treasury AAA 0.60% AA 0.80% A 1.05% BBB 1.45% BTR Warehousing issues six-year, AA-rated bonds. What is the yield on one of these bonds? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. 6.98% O 6.93% O4.65% O 7.48%

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The yield on the AA-rated bonds issued by BTR Warehousing is approximately 7.65% for the first five years and 6.65% thereafter.

To calculate the yield on the AA-rated bonds issued by BTR Warehousing, we need to consider the various components that contribute to the bond yield:

Real risk-free rate (r): 2.8%

Expected inflation: 3% per year for the next five years and 2% thereafter.

Maturity risk premium (MRP): 0.1(t-1)%, where t is the security's maturity.

Liquidity premium (LP): 0.55% for all BTR Warehousing bonds.

Default Risk Premium (DRP) for the AA rating: 0.80%

Now, let's calculate the yield on the bond step by step:

Step 1: Calculate the total inflation rate for each period:

For the next five years: Inflation rate = 3%

After the next five years: Inflation rate = 2%

Step 2: Calculate the maturity risk premium (MRP) for a six-year bond:

MRP = 0.1(t-1)%

MRP = 0.1(6-1)%

MRP = 0.5%

Step 3: Determine the total risk-free rate (RF) by adding the real risk-free rate (r) and the expected inflation rate for the respective periods:

For the next five years: RF = r + inflation rate

RF = 2.8% + 3% = 5.8%

After the next five years: RF = r + inflation rate

RF = 2.8% + 2% = 4.8%

Step 4: Calculate the yield on the AA-rated bond by adding the various components:

Yield = RF + MRP + LP + DRP

Yield = RF + MRP + LP + Default Risk Premium for AA rating

Yield = RF + MRP + LP + 0.80%

For the first five years:

Yield = 5.8% + 0.5% + 0.55% + 0.80%

Yield ≈ 7.65%

After the first five years:

Yield = 4.8% + 0.5% + 0.55% + 0.80%

Yield ≈ 6.65%

Therefore, the yield on the AA-rated bonds issued by BTR Warehousing is approximately 7.65% for the first five years and 6.65% thereafter.

Among the options provided, none match the calculated yield.

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Retake question Company A purchased a corner lot five years ago at a cost of $173000. The lot was recently appraised at $154000. At the time of the purchase, the company spent $2000 to grade the lot and another $20000 to build a small building on the lot to house a parking lot attendant who has overseen the use of the lot for daily commuter parking. The company now wants to build a new retail store on the site. The building cost is estimated at $111000. What amount should be used as the initial cash flow for this building project?

Answers

The initial cash flow for this building project should be calculated by taking into account the initial investment made by the company. This includes the purchase price of the lot, which was $173000, the grading cost of $2000, and the cost of building the small parking lot attendant building which was $20000. Therefore, the total initial investment made by the company is $195000 ($173000 + $2000 + $20000).
However, the current appraised value of the lot is $154000, which means the company has experienced a loss of $19000 ($173000 - $154000) in terms of its initial investment. Therefore, this loss should be subtracted from the total initial investment to arrive at the initial cash flow for the building project.
Hence, the initial cash flow for the building project would be $176000 ($195000 - $19000). This amount should be used as the initial cash flow for the new retail store building project.

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Which of the following is an example of a factory overhead cost?
a. Repair and maintenance cost on the administrative building b. factory heating and lighting cost c. insurance premiums on salesperson

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B. Factory heating and lighting cost is an example of a factory overhead cost.
Factory overhead costs are indirect costs that are not directly tied to the production of a specific product or service. Instead, they are expenses that are incurred to support the overall manufacturing process. Examples of factory overhead costs include rent, utilities, equipment maintenance, and depreciation.

In the options provided, A is a cost that relates to the administrative building, which is not directly tied to the manufacturing process. C is a cost that relates to the sales department, which is also not directly tied to the manufacturing process.

On the other hand, B is a cost that is directly related to the manufacturing process. Heating and lighting are necessary to keep the factory operational, and they are incurred regardless of the specific product or service being produced. Therefore, B is an example of a factory overhead cost.

Factory overhead costs are indirect costs that are incurred to support the overall manufacturing process. They are not directly tied to the production of a specific product or service. Examples of factory overhead costs include rent, utilities, equipment maintenance, and depreciation. Factory heating and lighting cost is an example of a factory overhead cost because they are necessary to keep the factory operational, and they are incurred regardless of the specific product or service being produced.

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Thoroughly research the operational
performance of AMAZON company listed in Fortune 500 in the last
five years. discuss the company’s lessons in making a big decision
within the field of Production

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Lessons learned from Amazon’s Prime Delivery service:In 2015, Amazon introduced its Prime Delivery service, which offers free two-day shipping on millions of products, along with a range of other benefits such as access to streaming services and e-books.

This service has been a major driver of growth for the company, with millions of people signing up for it. The success of Prime Delivery has taught Amazon several key lessons that are relevant to any company making big decisions in the field of production.

Focus on customer needs: Amazon’s decision to introduce Prime Delivery was based on its analysis of customer needs. It found that people were willing to pay more for faster shipping and a range of other benefits.

By focusing on these needs, Amazon was able to create a service that was highly valued by its customers and helped it to stand out from its competitor.

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Please explain the moral development in this case.
A manager is faced with a situation that causes him to experience a dilemma. His company is developing a new program that requires a lot of fundraising. Now this program is still in the development stage, for that clients who are interested in investing ask for the program design method to find out whether the program has the potential to work well or not. In this case the manager experienced a dilemma. Whether he should provide this information to his client or not because providing information to the client about the product design would violate the rules set by his company. He also thought and tried to find the answer but seemed to have said that if he was not willing to provide information on the method then his client would stop further investing. This also left him confused about what he should do because if he gave this information to the client it would only put his reputation in question. Is he an employee who can be trusted by his company, but if he does not provide this information, the company will lose the investment fundraising to develop the program.

Answers

In the above-mentioned case, the manager is confronted with an ethical dilemma.

He is supposed to maintain transparency and ethical behavior for his company and clients. However, disclosing the company’s trade secrets is against the organization’s norms. He is in a state of conflict because if he reveals the information about the product design to his client, he is breaching the company’s rules, and if he refuses to do so, the company will lose its investment, and its reputation is put in question.

Development The Kohlberg’s theory of moral development can help evaluate the manager's moral development. Kohlberg's theory includes three levels of moral development, which are further divided into six stages: Pre-Conventional morality is based on self-interest and the avoidance of punishment.

This stage is further divided into stage 1: Obedience and punishment orientation and stage 2: Self-interest orientation. Conventional Morality is based on approval from others and the maintenance of social order. This stage is further divided into stage 3: Interpersonal accord and conformity and stage 4: Authority and social-order maintaining orientation.

Post-Conventional Morality is based on the universal principles of right and wrong. This stage is further divided into stage 5: Social contract orientation and stage 6: Universal ethical principles orientation.In the above case, the manager is at stage 4: Authority and social order maintaining orientation.

He is more concerned about following his company's rules and regulation to avoid potential punishment. He is also concerned about the social order of the organization. However, in the process, he is also losing his client's trust.

Therefore, he should try to develop stage 5: Social contract orientation where he would try to resolve the issue by creating a solution acceptable to both parties and keeping the best interests of all in mind. He needs to find a way to avoid any legal violations and maintain transparency with his client.

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For this task, you will assume that you are employed by a medium scale retailer working as the professional development consultant for Human Resources. There have been several scandals in retail including by businesses which do not understand their consumer law responsibilities and have been insisting that their policy is only to provide refunds for damaged goods returned in original packaging. Investigations have resulted in substantial financial penalties and a significant loss to business reputation. Your manager requires you to complete a short report aiming to both educate and advise your organisation’s employees on how they should be conducting business in a way that does not breach the Australian Consumer Law. (ACL) You are required to address the following: - The function of the Competition and Consumer Act 2010 (Cth), and why the Act was passed by Parliament. - Explain S18 of the Australian Consumer Law and its significance to business activity referring to the elements of misleading and deceptive conduct - Explain the nature of Consumer Guarantees focusing on SS 54-56 - Describe an example of enforcement by the Australian Competition and Consumer Commission (ACCC) in the last 12 months due to conduct that was in contravention of Schedule 2 of the Act (S18 or the Consumer Guarantees above SS54-56)

Answers

The Competition and Consumer Act 2010 (Cth) deals with competition, fair trading, and consumer protection. The legislation was introduced to protect consumers and small businesses from anti-competitive behavior by other businesses. The Act was passed by the Parliament of Australia to safeguard consumers and to promote fair competition between businesses. The Act sets out a number of provisions relating to competition law and consumer law.


Section 18 of the Australian Consumer Law (ACL) makes it illegal for a business to engage in misleading and deceptive conduct. According to the Act, a business cannot engage in conduct that is misleading or deceptive, or is likely to mislead or deceive consumers. If a business engages in such conduct, it can be sued by consumers and fined by the courts.

The consumer guarantees are a set of rules that apply to all goods and services sold in Australia. They are intended to protect consumers and ensure that they receive goods and services that are of an acceptable quality. The guarantees are set out in sections 54-56 of the Australian Consumer Law. These sections provide consumers with a range of rights, including the right to repair or replace goods that are not of acceptable quality, the right to a refund or compensation, and the right to cancel a service if it is not provided with due care and skill.

The Australian Competition and Consumer Commission (ACCC) is responsible for enforcing the Competition and Consumer Act. In the last 12 months, the ACCC has taken enforcement action against a number of businesses for contravening Schedule 2 of the Act. For example, in September 2020, the ACCC fined the supermarket giant Coles $5 million for failing to provide consumers with the promised benefits of its “Active Retail Collaboration” program. The ACCC found that Coles had engaged in misleading and deceptive conduct, and had breached the consumer guarantees.

In conclusion, it is essential for the medium-scale retailer to educate and advise employees on how they should be conducting business in a way that does not breach the Australian Consumer Law. By complying with the Act, businesses can avoid substantial financial penalties and reputational damage.

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Smith corp. uses labor and capital in production. Suppose the two inputs are imperfect substitutes (e.g., production follows a Cobb-Douglas form). At the current combination of inputs, the firm is producing q units, the marginal product of labor is LaTeX: MP_L=25M P L = 25, while the marginal product of capital is LaTeX: MP_K=40M P K = 40. The wage is w = $10 and the rent on a unit of capital is r = $16. Which of the following statements is correct? Group of answer choices Vanderlay Industries should use more labor and less capital to minimize the cost of producing q Vanderlay Industries should use both more labor and more capital to minimize the cost of producing q Vanderlay Industries should use less labor and more capital to minimize the cost of producing q Vanderlay Industries should continue to use the current combination of inputs to minimize the cost of producing q

Answers

Vanderlay Industries should continue to use the current combination of inputs to minimize the cost of producing q. Option d is correct.

To determine the optimal combination of inputs to minimize the cost of producing q units, we need to compare the marginal product per dollar spent on labor and capital. The marginal product per dollar spent on labor (MPL/w) is calculated by dividing the marginal product of labor (MP_L) by the wage (w). In this case, MPL/w = 25/10 = 2.5.

The marginal product per dollar spent on capital (MPK/r) is calculated by dividing the marginal product of capital (MP_K) by the rent on a unit of capital (r). In this case, MPK/r = 40/16 = 2.5. Since both MPL/w and MPK/r are equal to 2.5, it implies that the firm is getting the same amount of additional output per dollar spent on labor or capital. This suggests that labor and capital are being used efficiently and optimally in the current combination.

Therefore, the correct statement is, Vanderlay Industries should continue to use the current combination of inputs to minimize the cost of producing q. Option d is correct choice.

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--The complete question is, Smith corp. uses labor and capital in production. Suppose the two inputs are imperfect substitutes (e.g., production follows a Cobb-Douglas form). At the current combination of inputs, the firm is producing q units, the marginal product of labor is: MP_L=25M P L = 25, while the marginal product of capital is: MP_K=40M P K = 40. The wage is w = $10 and the rent on a unit of capital is r = $16. Which of the following statements is correct?

a. Vanderlay Industries should use more labor and less capital to minimize the cost of producing q

b. Vanderlay Industries should use both more labor and more capital to minimize the cost of producing q

c. Vanderlay Industries should use less labor and more capital to minimize the cost of producing q

d. Vanderlay Industries should continue to use the current combination of inputs to minimize the cost of producing q--

The Third National Bank of Edmond reports a net interest margin of 5.83 percent. It has total interest revenues of $275 million and total interest expenses of $210 million. This bank has earnings assets of $1.115. Suppose this bank's interest revenues rise by 8 percent and its interest expenses and earnings assets rise by 10 percent next year 1- What will be the bank's earning assets total? 2-What is this bank's new net interest margin?

Answers

The bank's new net interest margin will be 5.38%

1- The bank's earning assets total after the increase will be:Earnings assets = $1.115 billion x (1 + 10%) = $1.115 billion x 1.1 = $1.2265 billion.2- The new net interest margin for the Third National Bank of Edmond after the increase in interest revenues and expenses will be:New interest revenues = $275 million x (1 + 8%) = $275 million x 1.08 = $297 million.New interest expenses = $210 million x (1 + 10%) = $210 million x 1.1 = $231 million.


New net interest income = New interest revenues - New interest expenses = $297 million - $231 million = $66 million.
New net interest margin = (New net interest income / New earnings assets) x 100 = ($66 million / $1.2265 billion) x 100 = 5.38%.

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One year ago, your company purchased a machine used in manufacturing for $115,000. You have learned that a new machine is available that offers many advantages and you can purchase it for $150,000 today It will be depreciated on a straight-line basis over 10 years and has no salvage value. You expect that the new machine will produce a gross margin (revenues minus operating expenses other than depreciation) of $60,000 per year for the next 10 years. The current machine is expected to produce a gross margin of $25,000 per year. The current machine is being depreciated on a straight-line basis over a useful life of 11 years, and has no salvage value, so depreciation expense for the current machine is $10,455 per year. The market value today of the current machine is $65,000. Your company's tax rate is 38%, and the opportunity cost of capital for this type of equipment is 10% Should your company replace its year-old machine? The NPV of replacing the year-old machine is $ (Round to the nearest dollar)

Answers

To determine whether your company should replace its year-old machine, we need to calculate the Net Present Value (NPV) of the replacement project.

The NPV considers the present value of cash flows associated with the project and compares it to the initial investment. Let's break down the calculations step by step: Calculate the annual cash flows for both the current machine and the new machine. For the current machine: Annual cash flow = Gross margin - Depreciation expense. Annual cash flow = $25,000 - $10,455. Annual cash flow = $14,545. For the new machine:

Annual cash flow = Gross margin - Depreciation expense

Annual cash flow = $60,000 - ($150,000 / 10)

Annual cash flow = $60,000 - $15,000

Annual cash flow = $45,000. Calculate the present value of cash flows for both the current machine and the new machine. PV = CF / (1 + r)^n.  Where PV is the present value, CF is the cash flow, r is the discount rate (opportunity cost of capital), and n is the number of years.For the current machine: PV of cash flows = $14,545 / (1 + 0.10)^11

PV of cash flows ≈ $5,125.69

For the new machine: PV of cash flows = $45,000 / (1 + 0.10)^1 + $45,000 / (1 + 0.10)^2 + ... + $45,000 / (1 + 0.10)^10

PV of cash flows ≈ $317,199.17

Calculate the NPV by subtracting the initial investment from the present value of cash flows for the new machine. NPV = PV of cash flows (new machine) - Initial investment (new machine). NPV = $317,199.17 - 150,000

NPV ≈ $167,199.17

Therefore, the NPV of replacing the year-old machine is approximately $167,199 (rounded to the nearest dollar). Since the NPV is positive, it indicates that the replacement project is financially favorable and is expected to generate a higher return than the current machine. As a result, it would be advisable for your company to replace its year-old machine.

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If both the defender and challenger have the same service life of six years, and the defender's economic service life (Nd*=3, and AECd* = $168,992) while the challenger's economic service life (Nc*=6, and AECc* = $169,757). Then, what can be concluded about when the defender should be replaced by the challenger:

Answers

The challenger should be replaced when its economic service life is reached, which is at the end of 6 years.

In this scenario, the defender and the challenger have different economic service lives. The defender's economic service life (Nd*) is 3 years, while the challenger's economic service life (Nc*) is 6 years. The economic service life represents the period in which the asset's total costs, including both acquisition and operating costs, are minimized.

Since the challenger's economic service life matches its actual service life of 6 years, it implies that the challenger remains the more cost-effective option for the entire duration of its service life. Therefore, the defender should be replaced by the challenger at the end of the defender's economic service life, which is 3 years. This decision ensures that the organization minimizes costs and maximizes efficiency by transitioning to the more economically advantageous alternative.

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(3 points) The mean service time at the McDonalds in Kennedy Town is 3 minutes. Assume the service time follows an exponential distribution. The standard deviation of the population is 3 minutes. You observe service times for a random sample of 49 customers at the McDonalds. What is the probability that the sample mean is more than 4 minutes? A monopolist sells two products x and y for which the demand functions arex = 25 0.5Pxy = 30 Pyand the combined total cost function is TC=x^2 +2xy+y^2 +20Find (a) the profit-maximizing level of output for each product, (b) the profit-maximizing price, and (c) the maximum profit. Bagas plans to open a garment business. This business requires a sewing machinefor IDR 300,000,000. If this business is runned, Bagas will get a net profit (alreadytaking into account other costs such as room rent, employee salaries, maintenance etc.) ofIDR 80,000,000 per year. Bagas will only run his business for five years andthe machine after seven years is estimated to still be sold at a price of Rp. 100,000,000.use i = 10%a. Draw the cashflow diagram!b. Determine Net Present Value (NPV)c. Determine Payback Period! please answer in detail3. (10 points) The Bucks Grande exhibition baseball team plays 50 weeks each year and uses 35 baseballs per week. The team orders baseballs from Coopers-Town, Inc., a ball manufacturer noted for six-s Under what conditions might a marketer want to encourage RRB among consumers? When might the marketer want to try to encourage LPS? Provide a specific, if hypothetical, example to illustrate your argument. An undergraduate psychology course only gives the grades of A, B, C, or F. The department has determined that there should be 20% A's given, 30% B's given, 40% C's, and 10% F's given as final grades for the course. For the spring 2021 semester, 400 students took the course and 100 students received A's, 100 students received B's, 150 students received C's and 50 students received F's, so those are my observed frequencies. We want to do a Chi-square Multinomial Goodness of Fit test to see if our grading guidelines match up with what is actually happening. What is the expected frequency for the grade of C category? Round your answer to the tenths position. Carmela's pasta factory employs workers and pasta machines according to thefollowing production function(, K) = 0.5K0.5The hourly cost of capital is $10 and the hourly cost of workers is $40.a. Write out the Lagrangian for the cost-minimization problem.b. Using the first order conditions of the Lagrangian, derive the optimal capital to labor ratio. Describethe long-run output expansion path. c. Suppose Carmela wishes to produce 1000 units of pasta. How much labor and capital should sheemploy? How much will it cost to produce?d. An order arrives doubling the amount of pasta Carmela needs to produce. Assuming she is unable topurchase more capital, how much will it cost to meet the new production level? e. In the long-run, Carmela will be able to employ more capital as well as labor. If Carmela continues to produce 2000 units of output, how much will it cost in the long run? How is it comparing to your answer in part d? When you were born, you received $100 which you invested at 5.5% interest, compounded annually. That investment is now worth $3,000. How many years have past? Select one: a. 70 b. 82 C. 86 d. 67 e. 64 An industry has two firms, a leader and a follower. The demand curve for the industry's output is given by p 100 5q, where q is total industry output. Each firm has zero marginal cost. The leader chooses his quantity first, knowing that the follower will observe the leader's choice and choose his quantity to maximize profits, given the quantity produced by the leader. What output will the leader choose?