PROBLEM:01 The formula which breaks down the return on equity into three component parts is referred to as DuPont formula. PROBLEM:02 The Purple Martin has annual sales of $687‚400‚ total debt of $210‚000‚ total equity of $365‚000‚ and a profit margin of 4.80 percent. What is the return on assets? ROA = net income / total assets ROA = (687400 * 4.80) / (210000 + 365000) ROA = 5.74 PROBLEM:03 The Meat Market has $747‚000 in sales. The profit margin is 4.1 percent and the firm has 7
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guild or scuola was called the Arte dei Depentori‚ which was created in 1271 (Brown 42). Sheilagh Ogilvie argues in her article‚ "The Economics of Guilds‚" that "guilds in medieval and early modern Europe offered an effective institutional mechanism whereby two powerful groups‚ guild members and political elites‚ could collaborate in capturing a larger slice of the economic pie and redistributing it to themselves at the expense of the rest of the economy" (Ogilvie 170). She feels that guilds benefitted
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10 Daniel Frank 10 March 2013 Nakedness “Why is it that American anxiety about identity has led us to value exposure over privacy? Why‚ in short‚ are we so eager to become members of the Naked Crowd‚ in which we have the illusion of belonging only when we are exposed?” Jeffrey Rosen wrote in‚ “The Naked Crowd”‚ about something that probably 85% of the United Sates was guilty of. He got intimate with us. He brought down the guard of our computer screens and iPhones. He makes us exposed by our
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You know‚ I read in a book once that women desire attention. Even the Devil knew that and so he chose to go to naked Eve to tempt her‚ since he had just one chance. He knew if He had gone to naked Adam‚ we would still be in the garden and Adam would still be the only one who has tasted the forbidden fruit. Perhaps‚ Naked Eve would notice herself with the amazing figures God had given to her and it was impossible for Adam to notice when his eyes where not yet opened. She opened his eyes... so he could
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Economics for business by David Begg and Damian ward (3rd edition) chapters 1-8 Chapter 1: Economics for business. 1.1; What is economics? Economics is the social science that analyzes the production‚ the distribution and consumption of goods and services. It studies how individuals‚ firms‚ governments and economies deal with the problem of infinite wants and finite resources. Factors of production are the resources needed to make goods and services‚: land‚ labor‚ capital and enterprise. - Land
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CHAPTER 9 Three conditions for a market to be perfectly competitive? Many buyers and sellers‚ with all firms selling identical products‚ and no barriers to new firms entering the market. In perfectly competitive markets‚ prices are determined by The interaction of market demand and supply because firms and consumers are price takers. Price taker Buyer or seller that is unable to affect the market price. A buyer or seller that takes the market price as given When are firms likely to be
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The Naked Ape Essay My question is “After all we’ve evolved from‚ why can we still not control some of our animal-like instincts?” One possible answer is that no matter how much we evolve‚ we will always just be fancy apes. Desmond Morris said himself “Homo Sapiens have remained a naked ape nevertheless.” (The Naked Ape‚ page 9). To me‚ this is quite sad. However‚ I’m far from disagreeing with him. Apes can be extremely vicious and very easy to anger. Don’t we all know humans like that? And while
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Chapter 1 Solutions to Practice Questions Questions for Review 2. The opportunity cost of seeing a movie includes the monetary cost of admission plus the time cost of going to the theater and attending the show. The time cost depends on what else you might do with that time; if it’s staying home and watching TV‚ the time cost may be small‚ but if it’s working an extra three hours at your job‚ the time cost is the money you could have earned. 4. Policymakers need to think about
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Suppose the own price elasticity of demand for good X is -2‚ its income elasticity is 3‚ its advertising elasticity is 4‚ and the cross-price elasticity of demand between it and good Y is -6. Determine how much the consumption of this will change if: a. The price of good X increases by 5 percent. b. The price of good Y increases by 10 percent c. Advertising decreases by 2 percent d. Income falls by 3 percent Use the own price elasticity of demand formula to write % ΔQxy /5=2 quantity
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It is a new day at Nanamori Middle School; Akari is sitting happily at her desk. She is obscured by Himawari‚ Sakurako and Chinatsu‚ who sit at their respective desks. The camera pans away from her and focus on Kyōko Toshino‚ who is apparently running late. She frantically runs through the halls and sees the teacher about to open the door to the front of the classroom. Kyōko quickly opens another door leading to the back of the classroom‚ narrowly avoiding being late. It is now 1:00pm; the Amusement
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