Tutorial (Week 4) Question 1 Price Qty Demanded (Income = RM4‚000) Qty Demanded (Income= RM5‚000) 5 20 25 8 16 22 11 12 19 14 8 16 17 4 13 a. Use the midpoint method to calculate your price elasticity of demand as the price of T-shirt increases from RM5 to RM8 if (i) Your income RM4‚000 (ii) Your income RM5‚000 b. Calculate your income elasticity of demand as your income rises from RM4‚000 to RM5‚000 if (i) The price is RM14 (ii) The price is RM17 Question 2 Consider public policy aimed at smoking
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FINANCE: TUTORIAL 2 (Suggested Solutions) 1. Liquidity measures how quickly and easily an asset can be converted to cash without significant loss in value. It’s desirable for firms to have high liquidity so that they can more safely meet short-term creditor demands. However‚ liquidity also has an opportunity cost. Firms generally reap higher returns by investing in illiquid‚ productive assets. It’s up to the firm’s financial management staff to find a reasonable compromise between these opposing
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UNIVERSITI TUNKU ABDUL RAHMAN FACULTY OF BUSINESS AND FINANCE ACADEMIC YEAR 2015 / 2016 TUTORIAL 8 Learning Outcome:- On completion of this unit‚ a student shall be able to: Discuss the characteristic and feature of common stock and preferred stock. Apply preferred and common stock valuation. 8-1 How does a right’s offering protect a firm’s stockholders against the dilution of ownership? 8-2 What
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|ECON1220 |Principles of Macroeconomics |2012-2013 | |Sections 001-004 |Tutorial Exercise 5 |2nd semester | Short-Answer Questions 1. Suppose you deposit $1‚000 at your bank‚ and the required reserve ratio (r) is 10%. Furthermore‚ assume that banks do not hold any excess reserves‚ and that the public do not hold any cash. Explain the money creation
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A Study on the Recruitment and Selection practices of IT-ITES firms in India By Deepti Sethi 2005 A Dissertation presented in part consideration for the degree of ‘International MBA’ Recruitment and Selection practices of IT-ITES firms in India Acknowledgement I would like to take this opportunity to thank all the people who contributed to the successful completion of my dissertation. My supervisor‚ Dr. Kim Hoque was a source of constant guidance and encouragement right from the
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POM - QM FOR WINDOWS Version 3 Software for Decision Sciences: Quantitative Methods‚ Production and Operations Management Howard J. Weiss www.prenhall.com/weiss dsSoftware@prenhall.com June 30‚ 2005 Copyright (c) 2006 by Pearson Education‚ Inc.‚ Upper Saddle River‚ New Jersey‚ 07458. Pearson Prentice Hall. All rights reserved. [pic] Table of Contents Chapter 1: Introduction Overview 1 Hardware and Software Requirements 3 Installing the Software
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SCHOOL OF FINANCE AND APPLIED STATISTICS FINANCIAL MATHEMATICS (STAT 2032 / STAT 6046) TUTORIAL SOLUTIONS WEEK 8 Question 1 This question refers to two projects relating to a small software company that has asked to set up a new computer system for a major client. : Project A Project A delegates all the development work to outside companies. The estimated cashflows for Project A are (where brackets indicate expenditure): Beginning of year 1 Beginning of year 2 Beginning of year 3 End
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INVESTMENT & PORTFOLIO MANAGEMENT FIN3IPM TUTORIAL ANSWERS TUTORIAL 1: INTRODUCTION CHAPTER 1: QUESTION 1 a The process of investment concerns the purchase of assets which will provide a future return to allow for future consumption or further investment. Individuals have to make choices between current and future consumption and because their pattern of income does not always match their pattern of consumption‚ they are required to make investments. Throughout an individual’s life
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of Commerce (Hons) Accounting Bachelor of Business Administration (Hons) Banking & Finance Bachelor of Finance (Hons) Year 1 Semester 1 Faculty of Business and Finance Department of Commerce & Accountancy UBAF1013 Financial Accounting Framework I Tutorial 1 (1a) Which of the following statements about users of accounting information is incorrect? (Weygandt‚ Kimmel & Kieso‚ 2008‚ p.31) A Management is an internal user B Taxing authorities are external users C Present creditors are external users
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Quantitative Methods for Economics Tutorial 12 Katherine Eyal TUTORIAL 12 25 October 2010 ECO3021S Part A: Problems 1. State with brief reason whether the following statements are true‚ false or uncertain: (a) In the presence of heteroskedasticity OLS estimators are biased as well as inefficient. (b) If heteroskedasticity is present‚ the conventional t and F tests are invalid. (c) If a regression model is mis-specified (e.g.‚ an important variable is omitted)‚ the OLS residuals will show a distinct
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