Peter serves 6 members and the price charged by him is $300. 6.2b It is asked whether the profit can be increased if peter set two different prices to two groups which are adults and children group. If yes‚ what are the prices? The profit will increase since group of customers has a different willingness to pay. Peter can set an optimum price to each group which is the prize they expected. Then the profit will rise. The price for adult will remain at $300 with same explanation
Premium Marginal cost Economics Microeconomics
Abstract. The objective of this essay is to determine the vulnerability of computerised accounting information system to computer crime and the solutions to prevent such crime from occurring in organisations. Ever-Changing information technology has made computerised accounting processes easier. However‚ it has also created significant threats in relation to ensuring the security and reliability of computerised accounting information systems. Using an accounting software package such as MYOB can
Premium Computer security Accounting software Fraud
Asian art‚ although very different over the centuries‚ continues to represent the area’s rapidly changing culture and the world the artists are living in. “Chess Set” how do you note a piece of art?‚ an original Chaturanga set displayed at the Norton Simon Museum‚ is an interactive art piece carved from ivory and wood in the 19th century. Chaturanga is now known as chess and is a popular game played in modern society. Pieces are strategically moved in hopes of eliminating the king‚ therefore winning
Premium Buddhism India Mathematics
Global Environments and Problem Sets Learning Team C Acc/300 Summary organizations’ financial statements: How is the corporation’s debt securities reported on the financial statements How is the corporation’s stock investments reported on the financial statements Why would the corporation invest in stocks and debt securities? What are the corporation’s relative risks and rewards of equity versus debt securities? Debt securities are distinct from equity instruments‚ but both assets
Premium Bond Debt Stock market
ECON112 Macroeconomics Problem Set 3 *Solution* Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) -----------------------------------------------------------------------------------------------------------------------------------Posted: Monday‚ November 1‚ 2010 Due: 5:30 PM Monday‚ November 8‚ 2010 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (15 marks‚ 3 marks each: 1 mark for correct judgment
Premium Inflation Monetary policy Economics
he K-12 model is an educational system for basic and secondary education patterned after the United States‚Canada‚ and some parts of Australia. The current basic education system is also an archetype of American schooling but with a 10-year cycle. DepEd reasons that it is high time to adopt a K-12 system‚ attributing the low achievement scores and poor quality of basic education to the present school setup. Following wide protests over the proposal‚ the departmentreleased its official position defending
Free School Education Teacher
Audit Objectives: a. Determining that cash on hand as shown in the general ledger is represented by currency and coins on hand. b. Determining ownership and proper accountabilities c. Ascertaining that cash balances are available without restrictions. Audit Procedures: a. Examination of cash proof sheets and tracing of their totals to the general ledger b. Test tracing of deposit or withdrawal slips to individual subsidiary ledgers and vice
Premium Bond Bookkeeping
The Pokemon Professor Program is a program in which the more knowledgeable members of the Pokemon community are recognized for their devotion and know-how of the game‚ and is a way for them to give back to the game (Pokemon) they love and wish to support. Generally‚ those who are in the program are well-versed with card rulings‚ and are more likely to be selected for judging or staffing at tournaments than non-Professors would be. Note - the requirements to join the program is that you must pass
Premium Playing card Knowledge Game
Beer’s Law Problem Set Spring 2013 1. Calculate the absorbances corresponding to the following values of the percentage of transmitted light: (Provide your final answer with three decimal places) a. 95% b. 88% c. 71% d. 50% e. 17.5% f. 1% 2. A solution of a compound (1.0mM) was placed in a spectrophotometer cuvette of light path 1.05cm. The light transmission was 18.4% at 470nm. Determine the molar extinction coefficient. Include units in your answer. 3. The molar extinction coefficient of reduced
Premium Concentration
Week 7 Problem Set Chapter 26 (page 903): 1. Answer the following questions: a. What is the difference between a firm’s cash cycle and its operating cycle? b. How will a firm’s cash cycle be affected if a firm increases its inventory‚ all else being equal? c. How will a firm’s cash cycle be affected if a firm begins to take the discounts offered by its suppliers‚ all else being equal? 4. The Greek Connection had sales of $32 million in 2012‚ and a cost of goods sold of $20 million. A simplified
Premium Balance sheet Inventory Generally Accepted Accounting Principles