Chapter 10 Prices‚ Output‚ and Strategy: Pure and Monopolistic Competition Solutions to Exercises 1. Pepsi and Coca-Cola bottlers face enormous supplier power from the syrup manufacturers‚ sell primarily to concentrated grocery store chains‚ and are constantly presented with many substitute firms who could provide their role in the value chain. Thus‚ despite high barriers to entry from high capital requirements‚ high switching costs‚ and closed distribution channels‚ their sustainable profitability
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Chase Hall‚ 2A‚ Row 6 AI Film Analysis A. Opening Scene 1. AI: Artificial Intelligence is a film about an advanced robotic boy who is the adopted “son” of human parents. It raises the question: can a human genuinely love something that is non-human? The boy longs to become "real" so that he can regain the love of his human mother. 2. A major “conundrum”‚ as mentioned in the opening scene of the film‚ is one that poses a question: if a robot can genuinely love its owner‚ what responsibility
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Chapter 7 Stock Valuation Solution to Problems P7-1. LG 2: Authorized and Available Shares Basic (a) Maximum shares available for sale Authorized shares 2‚000‚000 Less: Shares outstanding 1‚400‚000 Available shares 600‚000 (b) $48‚000‚000Total shares needed 800‚000 shares$60== The firm requires an additional 200‚000 authorized shares to raise the necessary funds at $60 per share. (c) Aspin must amend its corporate charter to authorize the issuance of additional shares. P7-2. LG 2: Preferred Dividends
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Schedule for Stat 21‚ Fall 2013 Note: Chapter readings are from FPP‚ and SG refers to Professor Philip Stark’s free online text SticiGui. “notes by RP” indicates Professor Roger Purves’ notes on chance variables‚ which will be posted on Canvas later. Week 1 (8/29): • Reading:chapters 3‚ 4; SG 3‚ 4 • Histograms‚ measures of location and spread‚ first look at Markov and Chebyshev Week 2 (9/3‚ 9/5) • Reading: chapters 5‚ 8‚ 9; SG: 6‚ 7‚8 • Finish chapter 4 • Normal curve‚ normal approximation
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Chapter 2 Exercises Solutions Answer to end of chapter questions: 2. The labour force is calculated as the sum of the employed and the unemployed‚ which in this case is 22‚000‚000 + 1‚000‚000 = 23‚000‚000. The labour force participation rate is calculated as the ratio of the labour force to the working age population: 23‚000‚000 / 30‚000‚000 = 77 %. The unemployment rate is calculated as the ratio of the number of unemployed workers to the size of the labour force: 1‚000‚000 / 23‚000‚000 = 4
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CHAPTER 2 EXERCISES & PROBLEMS SOLUTIONS E2.1. Category Financial Statement(s) Cash…………………………………………… A BS Accounts payable…………….……………….. L BS Common stock………………………………… OE BS Depreciation expense………………………….. E IS Net sales……………………………………….. R IS Income tax expense……………………………. E IS Short term investments………………………... A BS Gain on sale of land……………………………. G IS Retained earnings……………………………… OE BS Dividends payable……………………………
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CHAPTER 4: ACCOUNTING FOR GOVERNMENTAL OPERATING ACTIVITIES ( ILLUSTRATIVE TRANSACTIONS AND FINANCIAL STATEMENTS Solutions to Exercises and Problems 4-2. 1. a. 6. a. 2. c. 7. c. 3. d. 8. c. 4. b. 9. b. 5. d. 10. b. Ch. 4‚ Solutions (Cont’d) 4-3. a. Calculation of Estimated Required Tax Anticipation Financing Estimated Expenditure Requirements: Budgeted expenditures‚ remainder of FY 2011 $2‚470‚000 Current liabilities
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Disadvantages of Artificial Intelligence Human intelligence involves many skills such as problem solving‚ decision making‚ learning understanding and reflex actions. Many experts in AI have dreamt of creating machines that can imitate our human intelligence. This has led to many possibilities; however‚ the field of AI has to be understood from both sides of the coin. On the one hand‚ artificial intelligence has allowed the design of applications that can explore every part of the world that the
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Gases Chapter 5 1 Elements that exist as gases at 250C and 1 atmosphere 2 3 Physical Characteristics of Gases • • • • Gases assume the volume and shape of their containers. Gases are the most compressible state of matter. Gases will mix evenly and completely when confined to the same container. Gases have much lower densities than liquids and solids. NO2 gas 4 Force Pressure = Area (force = mass x acceleration) Units of Pressure 1 pascal (Pa) = 1 N/m2 1 atm = 760
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CHAPTER 20 INVENTORY MANAGEMENT‚ JUST-IN-TIME‚ AND SIMPLIFIED COSTING METHODS 20-1 Cost of goods sold (in retail organizations) or direct materials costs (in organizations with a manufacturing function) as a percentage of sales frequently exceeds net income as a percentage of sales by many orders of magnitude. In the Kroger grocery store example cited in the text‚ cost of goods sold to sales is 76.8%‚ and net income to sales is 0.1%. Thus‚ a 10% reduction in the ratio of cost of goods sold to sales
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