There are 4 possible outcomes in this scenario: 1) Sampson Team decides to race and finishes in the Top 5 50% Chance. Result: There were no definite numbers, but let’s guess and say that the new annual sponsorship is worth $1,000,000+. 2) Sampson Team decides to race and blows an engine 29.17% chance. Result: Loss of the $500,000 Oil Sponsorship plus $20,000 for the cost of an engine, for a total loss of $520,000, thereby moving the team to $552,500 in the hole. Also to be considered is that any time an engine blows in a race the driver is in danger.
Do you hold events at your site that attracts large crowds? 4 *** Completed Document is a Law Enforcement Confidential Document *** 6. Potential for Mass Casualties Low Vulnerability to High Vulnerability 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Issues to be considered in selecting your score: Do the materials stored or used at your site have the potential to create mass casualties on-site? Do the materials stored or used at your site have the potential to create mass casualties within 1 mile of your site? How many people live or work within one mile of your site: 500; 1,000; 2,000; 5,000; more than 5,000?
Chapter 3 Applied Problems 2. Appalachian Coal Mining should minimize net cost by choosing that level of pollution (P) where the marginal benefit of pollution reduction equals the marginal cost of pollution reduction: 1,000 – 10P = 40P P* = 20 units of pollution. 4. a. 2 b. $500 (= $25 ´ 20 radios not stolen due to hiring 1 guard) c. 4 Chapter 4 Applied Problem 1. a.
Businesses often pay individuals a wage based on current market standards. Free-market economies usually dictate specific wages for various jobs. Governments attempting to subvert market prices can reduce the demand for new workers due to a high minimum wage. Individuals can face a few negative effects from minimum wage laws. Minimum wage increases an individual annual salary, bumping the employee into a higher marginal tax bracket.
A survey done in 1991 showed that over 20 million people used marijuana within that year. In the United States there are more than 300,000 drug offenders in prison at every moment costing our government $100,000 per cell, meaning it costs $30 billion to make a place for these people to serve their crime. In addition it costs $25,000 per year to keep an inmate in prison, adding $15 billion more to our already high costs (Towards a Policy on Drugs). Elliott Currie describes that the United States should adopt the Dutch policy of legalization of marijuana and other hashish drugs excluding cocaine and heroin. These two drugs are much more harmful to you and can be highly addictive.
These cost are result of companies either not paying their workers compensation insurance premium or under paying, by lying about the size of their work force. For example in California a construction company would deliberately misreport wages paid to its workers to avoid paying all of the payroll taxes and state insurance premiums. According to the deputy District attorney Paul Flick, “if an employees salary was $11/hour and worked 40 hours/week, the company would report it as the employee was paid $22/hour and worked 20 hour/week to save more than half of worker compensation insurance cost for that employee.” Across the map on the east NY state alone employer committing worker compensation insurance fraud is costing 1 billion a year. This causes a cycle effect that leads to the honest companies to make up for the lack of premium paid and as a result they end up paying higher premium. Also some injured workers don’t receive the worker compensation benefit that they are entitling to which leads to raise in medical costs.
The reason I would make this choice is to stimulate lending to businesses, reduce unemployment and increase household income so that the economy could then recover naturally. Scenario 2 In 150 to 200 words, explain your reasoning for the way you are planning on using the Discount Rate. Be sure to address the following: 1. How the Discount Rate can affect the economy 2. How your action will affect economic growth 3.
Improving Working Capital There are several ways a company can improve its working capital. A major way to improve Competition Bikes’ working capital is to increase its finished goods inventory. For example, the company is currently showing zero finished goods on the balance sheet for all three years. By finishing product, the current assets would be increased, and therefore the working capital would be increased. Another way to improve the company’s working capital is by reducing costly expenses.
This year, Lacey, DLK’s president, decided to seek additional funds to finance DLK’s working capital. CME declined to extend additional funds because of the money already invested in DLK. High Tech Venture Capital Inc. proposed to lend DLK $100,000, but at a 10% premium over the prime rate. (Other software manufacturers in the same market can borrow at a 3% premium.) First Round Capital proposed to invest $50,000 of equity capital into DLK, but on the condition that the investment firm be granted the right to elect five members to DLK’s board of directors.
Also cutting down on what we spend on our so called, “luxury” items. Peter says, “An American household with an income of $50,000 spends around $30,000 annually on necessities, according go the conference board, a non-profit organization. We should donate around $20,000 at least to help the world. So whatever you don’t spend on “luxury” items, should be given away to the needy, or donated.” (568). that will never happen though.