Business economics assignment Part A 1. Many firms have similar cost structures‚ it might be possible to predict the prices of other competing organizations. Also cost plus pricing is simple to compute. Markup= (price-cost)/ cost price= cost (1+markup) P= Lab+ Mat+ Mkt+ F/Q+Z*A/Q Q: planned output A: gross operating assets Z: desired profit rate MR=P/ (1+1/Z) if firm is maximizing profit: MC=MR=P/ (1+1/Z) P= MC* [1/ (1+ 1/Z)] So profit maximizing price is a mark up on marginal
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Financial Statement Review What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? Walmarts net income for the current fiscal year is $27‚801 million. Last year net income increased from the following years 2012 net income of $26‚558 million. Walmart has had an continuous increase in net income from the year 2009. Year Net Income Percentage 2009 22‚767 100 2010 24‚002 105 2011
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uNIVERSITY OF dELAWARE ACCT 207 PRACTICE EXAM III MICHAEL VAN LEER 1. The incorporation of companies in the U.S. is controlled by: A) state governments. B) local governments. C) the Federal government. D) the courts. 2. Stockholders’ equity frequently includes which of the following: A) the present value of future dividends to be paid. B) the total par value of common stock. C) retained earnings. D) B and C‚ but not A. 3. A corporate charter specifies that the company may sell up
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One person handles internal accounts‚ including staff payroll. Three staff members handle collections from the clients and payments to the associates based on the submitted time sheets. The manager oversees the operations and reports to Heather. The marketing department has 4 people. Their main responsibilities are
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Ch6 Student: ___________________________________________________________________________ 1. Inventory is usually reported as a long-term asset in the balance sheet. True 2. Cost of goods sold is an asset reported in the balance sheet and inventory is an expense reported in the income statement. True 3. False Using the first-in‚ first-out method (FIFO)‚ the first units purchased are assumed to be the first ones sold. True 9. False Companies are not allowed to report inventory costs by assuming
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Question 1 Question 1 1. | | | The point at which two bones meet is known as a: Answer | | | | | | | Subduction | | | Joint | | | Hinge | | | Junction | | | | | 1 points Question 2 Question 2 1. | | | The abdominal organs are contained in a cavity‚ the superior border to this cavity is the …..? Answer | | | | | | | Diaphragm | | | Ribcage | | | Pelvic floor | | | Spine | | | | | 1 points Question
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Have you seen Joaquin Phoenix? I don’t think you have unless you’ve seen Walk the Line. Along with Reese Witherspoon‚ as his co-star‚ this movie is a must-see. This film‚ in my opinion‚ was one of the biggest films of 2006. It is a drama and documentary on the life of the singer Johnny Cash. The director‚ James Mangold‚ definitely let his skills shine with this picture. Joaquin Phoenix played Cash and represented him down to a tee. From the body language‚ to the singing voice‚ you have to look
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disappear within the next few decades unless drastic measures are taken. Other forests and regions are in danger too. Although in some places tourism growth has threatened wildlife‚ in most cases it inspires many to conserve it. 2. Definition of eco-tourism Ecotourism is travelling to natural places that are vulnerable and the tourists are required to act responsibly in order to minimize the negative aspects of tourism on the environment and enhance the cultural integrity of the local people.
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| Multiple Choice Quiz (See related pages) Results ReporterOut of 9 questions‚ you answered 2 correctly‚ for a final grade of 22%. 2 correct (22%) | | 6 incorrect (67%) | | 1 unanswered (11%) | | Your Results: | The correct answer for each question is indicated by a . | | | | 1 | CORRECT | | ___________ means doing the right things to create the most benefit for the company. | | | | | A) | Efficiency | | | | | | B) | Effectiveness | | | |
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Week 2 Knowledge Quiz Your answers: 18/18 (100%) Submitted on Sep 20‚ 2013‚ 11:57 AM 1. This term refers to the relationships among human beings and other living things and the air‚ soil‚ and water that supports them. Ecology Eco-efficiency Society Going green 2. This group is considered powerful if it is not obliged to contend with other products for sale to the industry. Wholesalers Buyers Retailers Suppliers 3. This environment in the strategic planning process comprises
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