User | Alonzo Doby | Course | Spring2014-ECO2023-Princ Economics II-397328 | Test | Chapter 4 Quiz | Started | 2/12/14 10:49 PM | Submitted | 2/12/14 11:24 PM | Due Date | 2/19/14 11:59 PM | Status | Completed | Attempt Score | 6 out of 20 points | Time Elapsed | 34 minutes out of 40 minutes. | Instructions | | * Question 1 0 out of 2 points | | | Examine the graph below. If the equilibrium price is P1, then producer surplus | | | | | Selected Answer: | can be determined by the area of the triangle acP1. | | | | | * Question 2 2 out of 2 points | | | Examine the graph below. Consumer surplus is | | | | | Selected Answer: | defined by the area of the triangle
Suppose that Firm 1 is a domestic producer and Firm 2 is a foreign producer. The domestic government grants Firm 1 a subsidy of $3 per unit of production. What will be the new Cournot firm quantities, market price, and profits? (HINT: Think about what the subsidy does for Firm 1’s marginal costs.) q1= (100-(10-3))/3=31 q2= 30 Q=31+30=61 Market Price=100-30-31=39 Firm’s one profit= 31*39-31*7=992 Firm’s two profit=30*39-30*10=870 c. Compare consumer surplus from parts a and b.
ACC211 Chapter 4 Click Link Below To Buy: http://hwcampus.com/shop/acc211-chapter-4/ Brief Exercise 4-5 Your answer is correct. Stacy Corporation had income before income taxes for 2014 of $6,325,000. In addition, it suffered an unusual and infrequent pretax loss of $787,700 from a volcano eruption. The corporation’s tax rate is 30%. Prepare a partial income statement for Stacy beginning with income before income taxes.
3.1 General Environmental Analysis ………………………. 3.1.1 Demographic Segment ………………………………. 3.1.2 Economic Segment …………………………..…… 3.1.3 Political/Legal Segment …………………………… 3.1.4 Socio-Cultural Segment ……………………….. 3.1.5 Technological Segment……………………….……… 3.1.6 Global Segment ……………………………………… 3.1.7 Summary of General Environment Analysis…………. 3.1.8 Driving Forces ………………………………………. 3.2 Industry Analysis …………………………………………… 3.2.1 Description of the Industry…………………………… 3.2.2 Industry Dominant Economic Features……………….. 3.2.3 Market Size …………………………………………… 3.2.4 Market Growth Rate………………………………….
Week 2 Knowledge Check Score: 19/19 Concepts Mastery Questions MARKETING CONCEPT 100% 1 ADVERTISING STATEMENTS 100% 2 NEW PRODUCT PRICING 100% 3 INTEGRATED MARKETING COMMUNICATIONS 100% 4 SOCIAL RESPONSIBILITY 100% 5 FINANCIAL MARKET PARTICIPANTS 100% 6 FUTURE VALUE 100% 7 NET PRESENT VALUE 100% 8 COST OF CAPITAL 100% 9 FOREIGN EXCHANGE RISK 100% 10 SUPPLY AND DEMAND 100% 11 AS AND AD MODEL 100% 12 MONETARY POLICY 100% 13 DEFICIT 100% 14 BALANCE OF PAYMENTS 100% 15 SHIFTS IN DEMAND 100% 16 ECONOMIC AND TECHNICAL EFFICIENCY 100% 17 PROFIT MAXIMIZATION 100% 18 COMPARATIVE ADVANTAGE 100% 19 Concept: MARKETING CONCEPT Concepts Mastery Questions MARKETING CONCEPT 100% 1 1. Compared with other approaches to business, the marketing concept is distinct in that it A. focuses on sales B. produces new products and services C. creates a broad assortment of products D. focuses on satisfying customers' needs The correct answer is: D. Correct! Concept: ADVERTISING STATEMENTS Concepts Mastery Questions ADVERTISING STATEMENTS 100% 2 2. A company provides its advertising agency with a statement about a new product to use in designing an advertising campaign, and this statement includes a description of the target market, the product type, the primary benefits of using the product, and how this product is different from, and better than, competitive products. What type of statement is this?
The Federal National Mortgage Association, commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It is a government-sponsored enterprise, though it has been a publicly traded company since 1968. The corporation's purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on thrifts. In the 1968 change, Fannie Mae's predecessor was split into the current Fannie Mae and the Government National Mortgage Association "Ginnie Mae". Ginnie Mae had the federal backing while Fannie Mae appeared to have federal backing.
Obama care Raises Taxes on 3 Million Middle-Class Americans. Retrieved from The Foundry: http://blog.heritage.org/2012/06/29/obamacare-raises-taxes-on-3-million-midle-class-americans/ Tanner, M. (2011, 01 19). Five myths about new health care law. Retrieved from Cato institute: http://www.cato.org/publications/commentary/five-myths-about-new-health-care-law Wood, R. (2014, January 04). Retrieved from www.Forbes.com:
Cracker Jack valuation-discounted cash flow ($ in millions) 1997 figures taken from Cracker Jack proposed income statement 1997-2001. Sales increase from 1996 to 1997 was expected to be 2%. 1997 1998 1999 2000 2001 Residual Value Fair Market Value sales increases taken from Pepsico Annual Reports 1998-2001 7% 6% 8% 6% NET SALES $50.50 $54.04 $57.28 $61.86 $65.57 Cost of goods sold 27.3 29.21 30.96 33.44 35.45 GROSS MARGIN $23.20 $24.82 $26.31 $28.42 $30.12 Operating expenses 19.9 21.29 22.57 24.38 25.84 EBIT $3.30 $3.53 $3.74 $4.04 $4.28 Income tax provision on EBIT (40% of EBIT) 1.32 1.41 1.50 1.62 1.71 After-tax earnings before interest and taxes on interest 1.98 2.12 2.25 2.42 2.57 Add: non-cash items including depreciation expense 1.4 1.50 1.59 1.71 1.82 Funds Provided 0.58 0.62 0.66 0.71 0.75 Subtract: Capital Expenditures 0.4 0.43 0.46 0.49 0.52 Total cash flows exclusive of interest (net of tax) $0.18 $0.19 $0.20 $0.21 $0.23 $2.73 Present value factor at discount rate of 12% 0.893 0.797 0.712 0.636 0.567 0.567 Present value $0.16 $0.15 $0.14 $0.14 $0.13 $1.55 Total present value of cash flows $0.72 Present value of residual $1.55 Fair market capital value for the firm
Case 2.3 Take- Two Interactive Software, Inc. Question 1. Financial Ratios Formula Used 2000 1999 1998 Age of A/R (365/AR turnover) 91.71 115.87 183.42 Age on Inventory (365/Inventory Turnover) 63.5 57.2 57.9 Gross Profit % Gross profit / Net sales 36.00% 29.70% 24.00% Profit Margin % Net income / Net sales 6.50% 5.30% 3.70% Return on assets Net income / Ave. total assets 8.60% 9.90% 8.70% Return On Equity Net income / Ave. stockholder's equity 18.3% 27.1% 30.20% Current Ratio Current assets /Current liabilities 1.41 1.28 1.3 Debt on equity ratio Total liabilities / Total stockholder's equity 0.88 1.72 2.08 Quality of Earnings Ratio Net operating cash flows / Net income -2.21 -1.03 -1.12% A/R Turnover (Net sales / Avg. AR) 3.98 3.15 1.99 Inventory Turnover (COGS / average inventory) 5.75 6.38 6.3 Red Flag 1: The major “Red Flags” would be the quality of earnings ratio. In this case, the quality of earnings for 2000 is -2.21, for 1999 is -1.03, for 1998 is -1.12 which is very low for an investment point of view.
3rd Issue Analysis Paper (Populism) ASSIGNED Week 9 (10/3-10/7) Industrialization (Race & Politics in the New South & Populism) 3rd Issue Analysis Paper (Populism) DUE 10/7 Unit Quiz: Industrialization 10/8-10/23 FALL BREAK Week 10 (10/24-10/28) Progressivism 2nd Critical Evaluation Paper (Progressivism) ASSIGNED Week 11 (10/31-11/4) Progressivism 2nd Critical Evaluation Paper (Progressivism) DUE American Imperialism Week 12 (11/7- 11/11) American Imperialism 4th Issue Analysis Paper (Imperialism) ASSIGNED Week 13 (11/14-11/18) American Imperialism 4th Issue Analysis Paper (Imperialism) DUE Week 14 (11/21-11/22) American Imperialism Week 15 (11/28-12/2) American Imperialism Quiz #3: Imperialism Week 16 (12/5-12/9) Research Paper (Document based/supported) DUE (12/5) WWI (Causes + Home Front) 5th Issue Analysis Paper ASSIGNED Week 17 (12/15) WWI & Aftermath (Red Scare) 5th Issue Analysis Paper DUE (12/16)