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An investor bought 100 shares of Omega common stock for $9000. He held the stock for 9 years. For the first 4 years he received annual end-of-year dividends of $800. For the next 4 years he received
A new machine can be purchased today at $300000. The annual revenue from the machine is calculated to be $67000 and the equipment will last 10 years. Expect the the maintenance and operating costs t
Calculate the yearly nominal IRR received by the company and accepts the credit insurance (life and disability). Loan amount: $2000 APR 19.95% Finance charge: $594.25 Total of payments: $2730.50
The Richmond Company uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31
An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25000. What was the rate of return on the investment
A table saw costs $175 at a local store. You may either pay cash for it or pay $35 now and $12.64 a month for 12 months beginning 30 days hence. If you choose the time payment plan, what nominal ann
A firm in a purely competitive industry is currently producing 1,000 units per day at a total cost of $450. If the firm produced 800 units per day, its total cost would be $300, and if it produced 5
You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $500,000 per month, and you have contractual labor obligations of $1 mill
From 1950 to 2000, manufacturing employment as a percentage of total employment in the U.S. economy fell from 28 percent to 13 percent. At the same time, manufacturing output experienced slightly mo
The price of a good to be sold by a Monopoly is $0.50. The market has an elasticity of demand (n) of 5. a. What is the mark-up and what is the Marginal cost b. What would this look like for a perfectl
After few years, cost of production of Panadol increased due to increase in price of paracetamol (one of the main ingredient used in the production of Panadol). Due to this increase people started us
an expenditure of $20000 is made to modifya material handling system.this modification will result 1st year saving of $2000,2nd year saving $4000 and a saving of $5000 per year thereafter.
In every scientific poll on inventions, the printing press has consistently been voted the most significant invention of the past 2000 years. What cultural and social changes were brought about by t
Jon drops $100 bill. (no one in the economy holds currency). Bank keeps 5% of it's money in reserves. How much money can the bank initially lend out After this initial transaction by how much is the
Suppose the government currently raises $100 million through a 1-cent tax on widges, and another $100 million through a 10-cent tax on gadgets. if the government doubled the tax rate on widgets
The market demand curve for cable is P = 1000 - Q, where Q, the firms output, is here the number of hundreds of households with cable. The cost of supplying Y hundred households with cable is TC(Q )
Suppose the price of Labor is $50 a day and the price of capital is $100 per day. Draw the iso-cost curve if the firm chooses to spend $10,000 a day. Add an isoquant tangent to the iso-cost at 120 u
Suppose that elimination of tariffs on agricultural products means that 1,000 farm workers lose jobs that pay an average of $20,000 per year. At the same time, because of the imporation of relativel
Suppose the refinery can purchase 50 barrels of oil for $5 per barrel, but must pay $15 per barrel for any barrels it buys beyond 50 barrels. What is the marginal cost of producing a quantity of gas
Assume the city imposes a new requirement for a $100 per year taxi license fee for all drivers. Assume the regulated price remains fixed at $40. how many rides will the driver provide now and what a
Suppose a company owns two plants, plant A and plant B. The total cost functions are as follows Plant A: TCA = 5qA + 0.1qA2 Plant B: TCB = 5qB + 0.2qB2 1. Suppose that the company is a price taker and
You are considering dividing an investment portfolio between a risk-free investment with a return equal to 5% and a risky investment with a mean return of 12% and a variance σ2=30. Your coeffi
The attendance at baseball games at a certain stadium is normally distributed, with a mean of 44,000 and a standard deviation of 2500. For any given game a) What is the probability that attendance i
What is the monopolist's profit-maximizing level of output, profit-maximizing price, maximized profit, the value of consumer surplus if the market were perfectly competitive, and the deadweight loss
Some laboratory equipment sells for $75000. The manufacturer offers financing at 8% with annual payments for 4 years for up to $50,000 of the cost. The salesman is willing to cut the price buy 10% i