ANSWERS to Homework #7 E201 Spring 2009 1. If the government places a $500 tax on luxury cars‚ will the price paid by consumers rise more than $500‚ less than $500‚ or exactly $500? Explain. Price will rise by less than $500. The only way price could rise by exactly $500 is if demand (or supply) is perfectly inelastic. 2. The FICA tax funds Social Security programs. Congress established a 15.3% FICA tax rate; by law‚ the tax burden is split 50-50 between employer and employee. So‚
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Question 1: (1) Ten multiple choice questions. When a firm’s investment decisions have different consequences for the value of equity and the value of debt‚ managers may take actions A) that benefit shareholders at the expense of debt holders. B) to decrease costs of distress. C) to reduce fixed costs. D) to increase debt values. (2) Which of the following is NOT an advantage of private debt over public debt? A) B) C) D) It does not dilute the ownership of the firm. It has to have interest
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ACCA 205 FINAL PRACTICE QUESTIONS 1. The expected sales for Uptown Clothing in the month of May are shown in the table below. Chelsea Rogers‚ the owner‚ gives credit to a select group of customers (20 percent of sales)‚ but all others must pay cash. Of Chelsea’s credit customers‚ 80 percent pay her the month after the sale and 20 percent pay the following month. Chelsea pays cash for 10 percent of her purchases. The other 90 percent she pays off by the end of the next month. Chelsea’s
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Currency Conversion Final Project The Currency Conversion application is a menu-driven program that allows users to select one of five international currency types‚ input the amount of a foreign currency‚ and then converts the foreign currency to dollars. The program displays the equivalent dollar amount and returns the user to the menu until another conversion is inputted or quits the program. International currency type (menu selection) * Canadian dollars (rate: 1 U.S. dollar = 1.4680
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Black Ops or Black Ops 2: Which One Calls You to Duty? Black Ops‚ released 11/09/10 OR Black Ops 2‚ released 11/13/12 Black Ops or Black Ops 2: Which One Calls You to Duty? Are you the kind of video game player that likes war games and zombies? Activision has produced several Call of Duty games. Two of the most popular among them are Black Ops and Black Ops II. They are both war games and they both have zombies. They have
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QUESTION BANKSECURITY ANALYSIS & PORTFOLIO MANAGEMENTThird SemesterMBA – Master of Business AdministrationUniversity of MadrasPrepared by: N Rakesh‚ Chennai Investment / Financial system Define investment. What are its dimensions. Describe the different objectives of financial investment What are the characteristics of investment. Explain briefly the expectations of individual investors Discuss the problems faced by the Indian investors. Explain the function of Financial
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(EHS-12-6D92) Social Studies (SS001) Credits: 1.00 Total Points: 50.0 Result: 35.0 (70.0%) Grade: C Question 1. Questions 1–3 refer to the following information. Points: 1.0 Prices for movie tickets have more than tripled. The major studios have reported record profits year after year. •The movie industry has lost a lot of money. More people have tended to rent movies rather than see them in theaters. So ci al S tu di Movies have become much more expensive to
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a. an increase in the inflation rate. b. an increase in the amount of the Central Bank’s short-term lending to financial institutions. c. a decrease in the reserve requirement. d. an increase in the interest rate set by the Central Bank. Questions: 7) Calculate M0 and M4. Sight deposits = 60; time deposits = 120; banks’ cash reserves = 4; currency in circulation = 24‚ building society deposits = 40. 8) How do Commercial banks create money? What happens if the reserve ratio is 100
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1) Suppose that in the clothing market‚ production costs have fallen‚ but the equilibrium price and quantity purchased have both increased. Based on this information you can conclude that [ B. demand for clothing has grown faster than the supply of clothing ] 2) Camille’s Creations and Julia’s Jewels both sell beads in a competitive market. If at the market price of $5‚ both are running out of beads to sell (they can’t keep up with the quantity demanded at that price)‚ then we would expect both
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1. The process of obtaining an IP address for a computer name (for example‚ “Computer A”) is called __________. Name Resolution 2. The routing service included with Windows Server 2008 is better suited for ___________. Smaller network 3. Network Access Protection was introduced with which operating system? Windows Server 2008 4. Which feature is an integral part of IPv6‚ where as it was an optional feature under IPv4? IPSec 5. IPv4 addresses are commonly represented by using what type of notation
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