Louisiana Purchase On April 30‚ 1803 the nation of France sold 828‚000 square miles of land west of the Mississippi River to the young United States of America in a treaty commonly known as the Louisiana Purchase. President Thomas Jefferson‚ in one of his greatest achievements‚ more than doubled the size of the United States at a time when the young nation’s population growth was beginning to quicken. The Louisiana Purchase was an incredible deal for the United States‚ the final cost totaling less
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Problem Set 3 1. Louise McIntyre’s monthly gross income is $2‚000. Her employer withholds $400 in federal‚ state‚ and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA‚ MasterCard‚ and Discover card are $35‚ $30‚ and $20‚ respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? Louise’s Gross Income | =
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650 $103‚000 $100‚000 Instructions (a) Prepare the journal entry to record the purchase of these bonds on December 31‚ 2012‚ assuming the bonds are classified as held-to-maturity securities. (b) Prepare the journal entry(ies) related to the held-to-maturity bonds for 2013. (c) Prepare the journal entry(ies) related to the held-to-maturity bonds for 2015. (d) Prepare the journal entry(ies) to record the purchase of these bonds‚ assuming they are classified as available-for-sale. (e) Prepare
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Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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Case Problem 3: Hart Venture Capital 1. Let S = fraction of the Security Systems project funded by HVC M = fraction of the Market Analysis project funded by HVC Max 1‚800‚000S + 1‚600‚000M s.t. 600‚000S + 500‚000M ≤ 800‚000 Year 1 600‚000S + 350‚000M ≤ 700‚000 Year 2 250‚000S + 400‚000M ≤ 500‚000 Year 3 S
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PROBLEM SET 3 Name: ________________________________________ Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: ___________________________________ $1.50 - $2.00: ___________________________________ $2.00 - $2.50: ___________________________________
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Problem Set 3 Name: Lauren Hensley Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: -0.333 $1.50 - $2.00: -0.6 $2.00 - $2.50: -1 $2.50 - $3.00: -1.66 If the price of graham crackers is $2.50 should firms raise or lower
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Michael porter developed 3 generic strategies: cost leadership‚ differentiation and focus. They are developed to create a defendable position in the long-run‚ outperforming competition and establish a competitive advantage. However does the generic strategy lead to sustainable competitive strategy? This analysis will explain in detail. Cost leadership means setting out to become the low-cost producer of its industry. Each industry is different and provides with diverse problems. Cost leadership can
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Econ 122B Problem Set 3 Name(Print)______________________ Due in class on March 3 UCI ID____________________________ 1. In class‚ we have talked about the following simple wage equation wage female u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. Given the OLS estimates ˆ and ˆ for the above model‚ what are the OLS estimates for a model with a
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per month 1‚005.23 x 9 months = 9‚047 Policy C was purchased on August 1‚ 2011 for 12 months at the amount of $2‚700. 2‚700 / 12 = 225 per month 225 x 5 months = 1‚125 The total premium for each policy was paid in full (for all months) at the purchase date‚ and the Prepaid Insurance account was debited for the full cost. (Year-end adjusting entries for Prepaid Insurance were properly recorded in all prior years.) 7‚920 + 9‚047 + 1‚125 = 18‚092 adjustment Dr Insurance Expense 18‚092 Cr Prepaid
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