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1. To be able to complete budget reporting on time, how should accountants approach new project reporting in a manufacturing business?
2. How should budget assumptions be dealt with to guard against unethical assumptions?
3. Who is responsible for budget management?
4. In order to be effective, which type of executives should make up the majority of the audit committee members?
Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill. How would you value the goodwill that is obtained in this way?
The following represents demand for widgets: QD=680-9P+0.006M-4PR, where P is the price of widgets, M is income and PR is the price of a related good, the wodget. Supply of the widgets is determined by Qs=30+3P.
A European call option allows one to purchase 2 shares of stock B with 1 sare of stock A at the end of a year. A European put option which allows one to sell 2 shares of stock B for 1 share of stock A costs 11.5. Determine the premium of the European..
Use the Fred database at the federal reserve bank of st. louis to study recent trends in the money supply. Select the data series for demand deposits at commercial banks, either seasonally adjusted or not. View the chart and identify what patterns or..
What is a price ceiling and what effect does it have on the market? List and explain several positive and or negative consequences of this action. What would happen to producer and consumer surplus?
Explain how does it affect consumer surplus, producer surplus, government revenue, and total surplus. Is it a good policy from the standpoint of economic efficiency.
Calculate Pete's marginal and average cost schedules. What are Pete's profit-maximizing output and price? What is Pete's economic profit? Explain your answer.
Phelps-Dodge plans to expand capacity by purchasing equipment that will provide additional smelting capacity. The cost of the initial investment is expected to be $16 million. The company expects revenue to increase by $3.8 million per year after the..
Explain how a group of nations could develop a cartel to maximize their profits of COFFEE. Be sure to address natural resources and/or factor endowments that could be leveraged in the creation of the cartel.
Calculate the balance due, principle payment, and interest payment for each period of a new car loan. the nominal interest is 8% per year, compound monthly. Payments are made monthly for 5 years. The original loan is for $27,000.
You think that you need $60,000/year to live on when you retire. Assuming an annual inflation of 3.4%, how much would you need in actual dollars per year 40 years from now to have the same purchasing capability?
Ruth decides to open a Doggie sweater company. It costs her approximately $5 in wool costs, and she pays $3 in labour costs to her knitting ladies. Their group meets at a hall which costs approximately $50 for rent.
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