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Zigs Industries had the following operating results for 2011: sales = $29,820; cost of goods sold = $19,810; depreciation expense = $5,300; interest expense = $2,640; dividends paid = $1,500. At the beginning of the year, net fixed assets were $17,230, current assets were $5,870, and current liabilities were $3,350. At the end of the year, net fixed assets were $20,710, current assets were $7,450, and current liabilities were $3,990. The tax rate for 2011 was 30 percent. What is net income for 2011? What is the operating cash flow for 2011? What is the cash flow from assets for 2011? If no new debt was issued during the year, what is the cash flow to creditors? If no new debt was issued during the year, what is the cash flow to stockholders?
Explain why a university degree can be treated as a form of capital. 'Most countries import substantial amounts of goods and services from other countries.’
What is the difference between customer satisfaction and customer loyalty? Why is it important to distinguish between these two concepts?
The demand for cigarettes is price inelastic, but not perfectly inelastic. The supply of cigarettes is elastic, but not perfectly elastic. If there were no price controls or other complicating regulations, what would a model of supply and demand ther..
This graph plots the supply curve for the sellers (orange squares). You need to add the demand curve. Plot the buyer values by dragging points onto the graph (blue circles). Tool tip: For information on using the graph tool, click the Help button.
the total quantity of monthly account across all internet providers increases from 90,000 to 190,000. What is the value price elasticity of demand? Is the demand elastic or inelastic?
What changes have you seen due to the subprime mortgage crisis in the U.S. housing market and bubble? What do you think will occur in the next 5 years given the demand and supply of land as well as the policies adopted [if any] by the Congress in res..
The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
Assume there are two firms in a market who each simultaneously choose a quantity.
When we apply 50 tons of fertilizer, the total yield is 1500 bushels. Elucidate the marginal value product per ton of fertilizer.
The income tax is unfair to those who work hard to earn their incomes is an example of positive economic analysis.
Consider a copy shop with annualized fixed costs of $1000 and variable cost of $0.03 per page. The shop presently has orders for 100,000 copies at a price of $0.05 per page. What is the shop’s average cost (AC) without taking the new order? Is it les..
Which of the following statements is true? Other things equal, the demand for labor will be less elastic the:
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