Name: Thuy Anh Nguyen November 6‚2012 1. Conditions for profit maximization are: a) Difference between total revenue (TR) and total cost (TC) is maximized; b) Marginal revenue (MR) should be equal to marginal cost (MC) Explanations: If we assume that the company is facing a downward – sloping curve and it produces just one single product a) Profit = TR – TC. Profit will increase if TR increases and TC decreases. If company wants profit maximization‚ it should be TR maximization and TC minimization
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a big shock to him and made him very disappointed. Many men and even young boys were killed there and he wanted to convey the truth to the ordinary people; not to forget. This is shown in ‘But they won’t dream of us’ as no one is going to remember what actually happened on that bloody day. However‚ the dead bodies are going to be transformed into
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Before going to more detail of the recommended option‚ I would like to emphasis on the importance of CVP analysis. As CVP is a ‘systematic method of examining the relationship between changes in activity and changes in total revenue‚ expenses and net profit’ (Drury‚ 2000)‚ it is a very useful tool for managers to consider cost structure and price setting. When used in computer applications the method helps managers to make decisions based on the results by varying different variables such as selling
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1. What was the Kanthal president‚ Ridderstråle‚ attempting to accomplish with the Account Management System? Are these sensible goals? Ridderstrale had the objective to find hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system
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organization is maintaining the manufacturing average of 3% increase in productivity a month from last year and equivalent month this year: LAST YEAR THIS YEAR Units Produced 1‚000 1‚000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital invested ($) 10‚000 11‚000 Energy (BTU) 3‚000 2‚850 Show the productivity percentage change for each category and then determine the improvement for labor-hours‚ the typical standard for comparison. 3. George Kyparisis (using data from Problem
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Yasmin Mora Mrs. Swenson English 10P Period 7 Bullying Bullying happens every day all around the world. Victims of bullying are hit‚ pushed‚ & harassed. We need to take action and provide programs on bullying to decrease the rates of bullying in schools. Bullying can be traumatizing and can really effect you in the future. Students suffer from being humiliated at school. “Bullying is comprised of direct behaviors such as teasing‚ taunting‚ threatening‚ hitting and stealing that are initiated
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Questions 1. Does offering covered bonds hold the answer to credit rationing (credit crunch) in a financial crisis or does it just offer banks the opportunity to increase their margin? Discuss critically. (25%) In 2008‚ due to the global financial crisis took place in America‚ which made a bad influence all over the world in term of the financial market‚ banks decided to improve lending standards by providing higher interest rate than the market interest rate conditions for loans‚ which leads
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McCormick’s novel Sold is extremely relevant because of the enormous human trafficking industry in not only South Asia‚ but many other parts of the world. Worldwide‚ the US State Department estimates that nearly half a million children are trafficked into sexual slavery a year‚ and about 12‚000 Nepali girls are sold by their families intentionally and unwillingly into sexual slavery in India annually. The issues of poverty‚ the shaming and subordination of women‚ rape‚ unsafe sexual practices and
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The book I read this quarter was Sold by Patricia McCormick. The story is first-person and is narrated by thirteen year-old Lakshmi from Nepal. This book has over 170 chapters‚ each one only a few pages in length. This adds to the narrative as Lakshmi is thinking in small thoughts and does not think into many things due to her young age. Lakshmi’s family was poor‚ but managed to make it by on most days‚ on other days Lakshmi and her mother would starve while her step-father gambled. One day‚ Himalayan
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Due: Friday Sept. 21st at 11:00pm Worth: 25 pts Turn-in: dropbox Format: paragraph format‚ double-spaced‚ about 2 pages Directions: Watch the Greatest Movie Ever Sold: http://www.kaltura.com/index.php/kmc/preview/partner_id/757672/uiconf_id/6078042/entry_id/1_55m52amu/delivery/akamai As you watch the movie‚ take notes about significant ideas presented. After you have finished watching the movie‚ you will write a critique about the movie following the format below: Paragraph #1: Overall
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