Business economics assignment Part A 1. Many firms have similar cost structures‚ it might be possible to predict the prices of other competing organizations. Also cost plus pricing is simple to compute. Markup= (price-cost)/ cost price= cost (1+markup) P= Lab+ Mat+ Mkt+ F/Q+Z*A/Q Q: planned output A: gross operating assets Z: desired profit rate MR=P/ (1+1/Z) if firm is maximizing profit: MC=MR=P/ (1+1/Z) P= MC* [1/ (1+ 1/Z)] So profit maximizing price is a mark up on marginal
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Strategic Management Tutorial 1 1. STRATEGY – A set of actions that managers take to increase their company’s performance relative to rivals - An action that a company takes to attain one or more of its goals A business model looks at how to create value for a consumer‚ and does not look into the future planning and forecasting of a business to achieve profits and a competitive advantage‚ unlike a strategy. A strategy defines the path that the business will take in the future in order to achieve
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BUS 475 Week One Discussion Questions DQ #1: Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan? I want to start an e-commerce sales business. The strategic management and planning guidelines for this kind of business include the following: Planning - As an owner‚ I will analyze
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Discussion Questions 1. Discuss some of the challenges facing business today. Does information technology play a role in these challenges? Explain. The business world and society in general are undergoing phenomenal and sometimes turbulent change. The “new economy” driven by the Internet has seen the rise of entirely new businesses like Amazon.com‚ Yahoo‚ eBay‚ and of course Google. While the “dot com bust” of 2000 saw the demise of thousands of Internet-oriented businesses‚ the fact remains that
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In this file ACC 290 Week 4 WileyPLUS Assignment Week Four you can find right answers on the following task: Linda Blye opened Cardinal Window Washing Inc. on July 1‚ 2010. During July the following transactions were completed. Journalize the July transactions. (List multiple debit/credit entries from largest to smallest amount‚ e.g. 10‚ 5‚ 2.). Journalize the following adjustments. 1.Services provided but unbilled and uncollected at July 31 were $1‚700. 2.Depreciation on equipment for the month
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Week 2 Homework 4-8 |Under SEC rules‚ your close family members include your spouse (or equivalent) and dependents and your parents‚ nondependent | |children‚ and siblings. If you are a covered person‚ your independence is affected if your close family member has an accounting | |role or financial reporting oversight role with the SEC Audit Client (for example‚ the family member is a treasurer‚ CFO‚ | |accounting supervisor‚ or controller) or owns more than 5 percent of a client’s
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Week 4 Assignment ACC 305 E8-13 Altira uses a periodic inventory system. Determine the inventory balance Altira would report in its August 31‚ 2011‚ balance sheet and the cost of goods sold it would report in its August 2011 income statement using each of the following cost flow methods: 1. First-in‚ first-out (FIFO) 2. Last-in‚ last-out (LIFO) 3. Average cost E8-14 Altira uses a perpetual inventory system. Determine the inventory balance Altira would report in its August 31‚ 2011‚ balance
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Week 6 Assignment: Candela Corporation Case Rebecca Mouser ACC/230 Financial Reporting: Peeking Under the Financial Hood November 4‚ 2012 Instructor Nathan McDaniel Week 6 Assignment: Candela Corporation Case Assignment: Candela Corporation Case Resource: Ch. 4 of Understanding Financial Statements * Compose a 500- to 750-word paper responding to questions 1 and 2 of the Candela Corporation Case on p. 146 (Ch. 4). * Format your paper according to APA standards. * Post your
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Chapter 12 Discussion Questions 1-5 Dan Yohe 1. Approximatley how far ahead would one need to plan for the following types of facilities? A. Restaurant-At least one to three nights in advance. You could go to the farmers market to get fresh vegetables but you may only be able to get staples/necessities once or twice a week. B. Hospital-I would say at least a week if not a month to be enough to take care of all the patients they might get. C. Oil refinery-An oil refinery I would
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|responses. | |Format your paper consistent with APA guidelines. | |Complete the following problem sets in Ch. 7 and Appendix E of Financial Accounting: Week Five Discussion Questions • What must financial managers consider when operating in the global environment? What types of regulatory compliance might they face? What might they do to mitigate financial risk? Should there be global accounting standards? Why
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