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1. When the midpoint formula is used to calculate elasticity, a percent change in Y is measured as ________.a)      change in Y * Y midpointb)      Y midpoint + change in Yc)      Y midpoint ÷ change in Yd)      change in Y ÷ Y midpoint 2  of 25The law of diminishing marginal utility helps to explain why […]

SECTION A: SHORT QUESTIONSNr: QuestionMark:11.1 Name three external role-players that need information from an organization. 1.2 Also name the type of information needed by each. 2 Why is a workload chart very useful when developing new systems? 3 Name three different types of information systems and the organisational level that it is used at. 4 […]

  The Ali Baba Co. is he only supplier of a particular type of Oriental carpet.  The estimated demand for its carpets is Q=112,000-500P+5M  where Q=number of carpets, P=price of carpets (dollars per unit), and M=consumers’ income per capita.    The estimated averabe variable cost function for Ali Baba’s carpet is AVC=200-0.012Q+0.000002   Q2 Consumers’ income […]

  1. Given the following information, calculate the net asset value for the Chapter 7   1. Based on the following data, would you recommend buying or renting? Rental Costs Annual rent, $7,380 Insurance, $145 Security deposit, $650 Insurance/maintenance, $1,050 Buying Costs Annual mortgage payments, $9,800 (9,575 is interest), property taxes, $1,780, down payment/closing costs, […]

Brooks Corp. is a medium-sized corporation specializing in quarrying stone for building construction. The company has long dominated the market, at one time achieving a 70% market penetration. During prosperous years, the company’s profits, coupled with a conservative dividend policy, resulted in funds available for outside investment. Over the years, Brooks has had a policy […]

   ACC 421 Week 4 Wiley Plus Assignment – Exercises Problem 1 The income statement of Rodriquez Company is shown below. RODRIQUEZ COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2012 Sales     $6,894,600 Cost of goods sold         Beginning inventory   $ 1,893 ,870       Purchases   4,375,530       Goods available for sale […]

  1. Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in equity. Both firms sell 10,000 units of output at $2.50 per unit. The variable costs of production […]

To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise, Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months:March        $100,000April           $275,000May            $320,000June            $450,000July             $700,000August        $700,000September  $825,000October     $500,000November   […]

Case: Chester & WayneChester & Wayne is a regional food distribution company. Mr. Chester, CEO, has asked your assistance in preparing cash flow information for the last three months of this year. Selected accounts from an interim balance sheet dated September 30,have the following balances:Cash $142,100 Accounts payable $354,155Marketable securities 200,000 Other payables 53,200Accounts receivable […]

FIN 534 Homework Chapter 2 1. Which of the following statements is CORRECT?a. Typically, a firm’s DPS should exceed its EPS.b. Typically, a firm’s EBIT should exceed its EBITDA.c. If a firm is more profitable than average (e.g., Google), we would normally expect to see its stock price exceed its book value per share.d. If […]