NAME_______________________________________________________________ FE461 Professor Schmitt First Problem Set Due 31 January 2012 1. (20 points) Suppose Tyco International has complete control over the plastic hangar market. Suppose the inverse demand for hangars is given by: . Suppose that the total costs is given by: a) What is the equilibrium price and quantity of hangars in the market if the market is competitive? To find the competitive quantity we set price equal to marginal cost
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associated Excel Sheet. Kerr had been given the task of valuing Dragon’s equity for a possible acquisition. He was told by his boss to assume a valuation of ten times sustainable earnings‚ plus the value of cash and marketable investments on the balance sheet. The Excel Sheet completes this calculation for you‚ based on inputs that are provided in the top portion of the “Assumptions and Statements” tab. In completing this task‚ you’ll need to address some accounting issues highlighted in the case
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. Do you think computers and technology have made your life/work easier? Examine the past 3-5 years and discuss the work-life balance and technology’s effect on it. Such that I am not one for a lot of socializing‚ technology has made both my life and work easier. I don’t even have to deal with the pizza person anymore. I can just place my order‚ pay for it online‚ and sign the receipt when he gets there. There is no need for scrounging up cash or having idle conversation while I wait for
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Problem 1-7A (75 minutes) Part 1 DE LEON COMPANY Manufacturing Statement For Year Ended December 31‚ 2013 Direct materials Raw materials inventory‚ December 31‚ 2012 $ 166‚850 Raw materials purchases 925‚000 Raw materials available for use 1‚091‚850 Less raw materials inventory‚ December 31‚ 2013 182‚000 Direct materials used $ 909‚850 Direct labor 675‚480 Factory overhead Depreciation expense—Factory equipment 33‚550
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bank reconciliation‚ Apex Company provided the ff. information Balance per bank statement 1‚805‚000 Deposit in transit 325‚000 Return of customer’s check for 60‚000 Insufficient fund Outstanding checks 275‚000 Bank service change for August 10‚000 On Aug 31‚ 2011‚ what is the adjusted cash in bank? a. 1‚ 855‚ 000 b. 1‚ 795‚ 000 c. 1‚ 785‚ 000 d. 1‚ 755‚ 000 3. Credit balances in Accounts Receivable shall be classified as a. Current Liabilities
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Computer Consulting by Kim Smith Customer Balance Detail All Transactions Type Ahmadrand‚ Ela Invoice Invoice Date 12/31/2012 01/05/2013 Num 3 Account Accounts Receivable Accounts Receivable Total Ahmadrand‚ Ela Andrews Productions Invoice Accounts Receivable 12/31/2012 Total Andrews Productions Clark‚ Binsley‚ and Basil‚ CPA Invoice 12/31/2012 Invoice 01/05/2013 5 Accounts Receivable Accounts Receivable Total Clark‚ Binsley‚ and Basil‚ CPA Creative Products Invoice 12/31/2012 Accounts
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studies and‚ in particular‚ the teaching of vocabulary appear to have been somewhat neglected in ESP( Laufer p-167‚ Swales p224). Reading‚ for students of English for specific purposes (ESP)‚ is probably the most important skill in terms of acquiring new knowledge. It does‚ however‚ often pose learning problems‚ especially with respect to vocabulary. The psycholinguistic model of reading widely favoured in linguistics and cognitive psychology in the 1960s and 1970s considered that the main constructs
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biggest car company and the second largest in the world after general Motors. It produces an estimated eight million vehicles per year‚ about a million fewer than the number produced by GM. The company dominates its home market‚ with about 40% of all new cars registered in 2004 being Toyotas. Toyota also has a large market share in both the United States and Europe. It has significant market shares in several fast-growing South East Asian countries. The -1-company produces a large range of standards
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IV Fluid Balance Assessment 1. According to the reported data‚ my water intake is still short about 100ml/day‚ and the fluid mostly comes from water. In order to prevent the dehydration‚ which might eventually cause coma and death if severe‚ as well as increased burden on kidney and decreased blood electrolyte caused by over-consumption of water‚ the better choices will be juices that are fortified vitamins‚ such as orange juice where usually vitamin A and calcium and some other B-complex vitamins
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Financial Accounting 1. Obligation of business that represents the claims of these against the assets of the less cash is called? A. Asset B. An expense (WA) C. Revenue D. An equity E. Liability 2. Net income results when A. Assets > liability B. Revenue = expenses C. Revenue > expenses D. Revenue < expenses E. None 3. Resources owned by a business are referred to as A. Stockholders equity B. Liability C. Assets D. Revenue (WA) E. None 4. Expenses are incurred
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