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economics

Questions and Answers of Economics

Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a three-year tax life, would be depreciated by the straight-line method over its three-year
Illustrate the effects on the accounts and financial statements of the following related transactions of Seaside Diagnostic Company:a) Purchased $48,000 of merchandise from Davis Co. on account,
You are the owner of a retail store conducting merchandising activity. You need to go to the bank for a loan and know that your profits are too low and the bank will probably deny your request. In
a. Describe the nature of trust and estate taxation. How does it compare to partnerships, LLCs and S corporations?b. Discuss how accounting income of trusts and estates is determined. What is the
a. How are interest and the amount of discount or premium amortization computed using the effective interest method and why and how do amounts obtained using the effective interest method differ from
The executor of a deceased client’s estate comes to you with a letter from the IRS indicating that they are auditing a large property valuation claim that was made on the estate return. The IRS is
Suppose your instructor randomly surveyed his or her performance (i.e., students "graded" the teacher) this semester, the frequency of ratings is as follows:• A: 10 • B: 6 • C: 6 • D: 3 •
Suppose in the population, the Anger-Out score for men is two points higher than it is for women. The population variances for men and women are both 20. Assume the Anger-Out scores for both genders
Calculate the 95% confidence interval for the difference between the mean Anger-In score for the athletes and non-athletes. What can you conclude?
How do you know when you have made a morally good decision? How does the Gospel impose upon the Christian a responsibility to social justice?
If a small business’ break-even analysis reveals the break-even volume to be 10,000 units at a price of $10, should it price its product at $10? Support your answer.
What are the important considerations that an organization needs to consider in communicating a change initiative?
Use the following scenario for the next 3 questions. Suppose that monthly sales volume for a product is normally distributed, with a mean of 500 units and a standard deviation of 50 units. If x
Describe partnership contributions and distributions. Please include information on the taxability of partnership contributions (Chapter 19) and distributions (Chapter 20) and how the IRS has created
Terrorism that originates within the United States and is committed by American citizens is a facet of our history that has often been overlooked. Following the attacks on the United States that were
Examine the most common reasons for not reporting crimes to the police. Discuss how these illustrate social problems or the social responsibility perspective?
What is the West?" discusses the evolving ideas of western civilization and the questions one should ask when studying it. Reflect on these ideas and how one should analyze the materials of the
Marcus maintains a household in which his 18-year old daughter and her husband live. Although Marcus provides most of their support, he does not claim them as dependents because they file a joint
What are some issues to consider before investing in another company? How do your account for investment activities subsequent to initial acquisition?
How ratios can be used to review a company's financial statements. Select a public company, and using price-earnings ratios that were discussed this week, please tell us how the company is performing
a. Photography services of $925 have been rendered, but customers have not yet paid or been billed. The firm uses the account Fees Receivable to reflect amounts due but not yet billed.b. Equipment
Average points scored per game were found for a sample size of 90 for 2010 NBA basketball players and classified as follows:Average points scored per game Cumulative
Describe the advantages an organization can gain by using a database for reverse logistics.
The initial proceeds per bond, the size of the issue, the initial maturity of the bond, and the years remaining to maturity are shown in the following table for a number of bonds.In each case the
Eastern Trucking Company needs to expand its facilities. In order to do so, the firm must acquire a machine costing $800,000. The machine can be leased or purchased.The firm is in the 40% tax
Developing a global business strategy for a Multinational corporation (MNC) is a highly complex task. Briefly discuss the complexities referred to in the preceding statement. .
1. What are some of the benefits of budgeting? The article which is (Budget deficit, national debt, and government spending: Is now the right time to cut deficit and reduce national debt?)Identifies
Why is it important for the economy and business to reduce the federal deficit?
During recessionary times, commodity prices may not fall – in fact, many consumer commodity prices frequently continue to rise. For example, in 2008, the average price for a gallon of gasoline was
If a coffee shop decides to randomly subscribe to half of these newspapers, what is the probability that these five will include the USA Today, the Wall Street Journal, The New York Times, the
While the image of the soldier poet may seem like an unlikely mix, the devastating effects of technological warfare experienced during WWI were the impetus for WWI poetry. Describe the message you
Outline the events that led to Marbury v. Madison. What lasting consequences did this decision hold? Was it a win for Federalists or Democratic-Republicans and why
-Remarkable Corporation is an affiliated group of six corporations that files a consolidated tax return each year. Remarkable Corporation has engaged you for advice on ending the requirement to file
Role of economic value and replacement value (This problem requires understanding of the concept of present values)"To me, economic value is the only justifiable basis for measuring plant assets for
A religious grade school in an inner city area with a large minority population restricts its students to baptized members of a particular religion that is mostly white. No members of the minority
Look at the financial statements of the FORD MOTOR Company. Calculate the following ratios for FORD: asset turnover, profit margin on sales, return on assets and return on equity. Post the
a) Cars can now park themselves and within the next 10 years, research in the United Kingdom will lead to cars that drive themselves. What potential impact could this have on such things as licensing
A student who worked for Chipotle stated: “I love the Chipotle standard that what's best for the people (employees) is best for the company and vice versa, so I always strive to do my best.” It
How can stereotyping negatively affect diversity in organizations? What can individuals and organizations do to reduce people’s propensity to stereotype and to act on stereotypes?
Compare the participation rates, employment levels, and income levels of Blacks in the United States with those of Whites in the United States.
What are some individual and organizational recommendations to improve the experiences, employment, and status of African-Americans in organizations?
What are some White privileges that are job-related and how do such privileges advantage Whites?
What has your exposure been to multiracial people? Do you know people who are multiracial? Have you talked with them about being multiracial and about their diversity-related experiences? If you are
Using the data in the attached document, create a network diagram in the form of a flowchart. In practice, it is recommended that you include a specific Start node and a specific End node on your
Create/choose a project that was/would be completed in a logistics/trucking company. Discuss each of the elements of a project plan (Integration, Scope, Time, Cost, Quality, Human Resources,
Using two different industries as examples, explain how companies can use barriers to entry to discourage or even prevent competitors from entering the market.
If the federal government enacts a tax on a monopoly, how would you expect the additional tax to affect the following?Profits of the monopolyOutput produced by the monopolyPrices charged by the
Is the following statement correct or incorrect: “If a firm operating in a monopoly or imperfectly competitive industry is trying to maximize profits, it will always charge the highest price that
Three friends (Julie, Kristin, and Larissa) independently go shopping for dresses for their high-school prom. Upon reaching the store, each girl sees only three dresses worth considering: one black,
Choose one thing GDP does not measure and explain A) Why it does not, B) The significance of what is not measured.
Given her evaluation of current economic conditions, Ima Nutt believes there is a 20 percent probability of recession, a 50percent chance of continued steady growth, and a 30 percent probability of
Explain how marketing communications can affect consumers’ cognitively based attitudes. Contrast emotional and fear appeals. Use an example to illustrate your discussion.
What are the four processes that are useful for increasing the likelihood that information will be transferred into long-term memory?For marketers, what are some useful implications of understanding
Regional economic integration and multinational agreements in place help companies in pursuing and develop a transnational strategy. Do you agree with this statement? Why? Why not?
We discussed the idea of crowding out and why it occurs. In this problem we are considering two scenarios: Scenario 1: G rises and the Fed does not accommodate the shock to money demand. Scenario 2:
The Database of the World Economic Outlook of the International Monetary Fund provides the following information about India, for 2004, 2005 and 2006.1. What changes in the supply of long-and
In Japan the national GDP is 600 billion yen and Table muetsra aggregate demand and aggregate supply in the short term. Real GDP demanded real GDP supplied in the short termPrice Level75 600 40085
Evaluate the change in consumer demand trends after the crash for each of the tech stock companies you researched. Provide examples with your evaluation and use graphics such as charts, when
NAFTA and EU have certain similarities and differences. Discuss. Are we moving more towards regional and bilateral trade arrangements than multilateral ones (such as the WTO)? Is it good or bad for
Internally, it may be necessary to communicate persuasively to a boss, peer, or subordinate. In a 250-300 word response, evaluate how or if your communication would differ in each situation. Would
Outline the importance of focusing design on the trainee; explain your learning style and give examples of teaching techniques that support your learning style. Reflect on experiences you have had
Describe how nonverbal feedback conveys powerful messages. Provide an example where nonverbal feedback was used and describe the end result?
Describe the evolution of the virtual organization. What are the pros and cons associated with this design? Provide examples of three technological devices/concepts that have had the greatest impact
You are the plant manager for Harlow Romance Novels, a distribution company for romance novels from a major publisher. You have both an internet site (40 percent) and a traditional brick-and-mortar
What are the three categories of negative messages? Provide an example of each type
When making a request for a claim or adjustment, what are the 3 scenarios of who’s at fault, and describe how you should handle each of the scenarios.
Describe the make-up of American soldiers during Vietnam. As the antiwar movement deepened, how did soldiers protest the war? Evaluate the conditions soldiers returned to in America following their
Who were the muckrakers, and what contributions did they make? Overall, what impact did these contributions have on the Progressive movement at large?
Mr. Potbelly is holding a garage sale at his home. Mr. Slim Jim stops buy and notices a rare piece of art pottery is marked $250.00. He knows the pottery is worth a minimum of $2,500.00."I'll give
What was the ideal female image projected by mass media in the 1950s? Was this ideal also the reality? Why, or why not?
Explain how the north won the war by considering its material resources, military strategy, and effective political and military leadership. In your own word, short to medium answer.
How did the Emancipation Proclamation, northern military successes, and actions by the slaves themselves combine to finally end slavery?
The Reed Division reports the following operating data for the past two years:The return on investment at Reed was exactly the same in Year 1 and Year 2.1. The margin in Year 2 was:A. 48%B. 32%C.
A random sample of size 70 is taken from a population that has a variance of 49. The sample mean is 90.4. What is the point estimate of μ? Construct a 94% confidence interval for μ.*Round your
In the past the standard deviation of weights of certain 32.0-oz packages filled by a machine was 0.25 oz. A random sample of 20 packages showed a standard deviation of 0.30 oz. Is the apparent
Should there be an increase in regulation enacted to cause companies to better market their products and services? Why or why not? Provide an example to support your response.
ABC was formed in 1996 and hired employees that year. At a meeting in 1997, they expressed concern to an executive that the company was not likely to survive as they used outdated equipment and
What style of leadership is the most effective in leading an organization? Is it important to be well-liked, or are results all that matter? Cite examples that support your conclusions.
Critically evaluate Hallmark's staffing index. What are its pros and cons?
Midge agreed to supply 150 cheesecakes to Just Desserts, a gourmet food store that planned to freeze the cakes and sell them. The contract provided that the cakes were to be delivered by 5:00 p.m.
What seems to be the main source of conflict between supervisors, employees, and the HR department?
Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the most recent year:The Maroon Division occupies 20,000 square feet in the
A sawmill paid $76,000 for logs that produced 220,000 board feet of lumber in 3 different grades and amounts as follows:How much of the $76,000 joint cost should be allocated to No. 2 Common?a.
Dairy allocates the cost of unprocessed milk to the production of milk, cream, butter and cheese. For the current period, unprocessed milk was purchased for $260,000, and the following quantities of
With accumulated depreciation of 75,000 pesos for 140,000 pesos on March 1, 2009. The equipment was purchased on January 1, 2008, when the exchange rate for the peso was $.11. Relevant exchange
In 20x0 Bon Enterprises issued, at par, 60, $1,000, 8% bonds, each convertible into 100 shares of common stock. Bon had revenues of $17,500 and expenses other than interest and taxes of $8,400 for
What is the “dark side” of self-esteem? What impact does low self-esteem have on behavior?
Global warming and climate change forecasts call for an increase in sea levels which require a Climate Adaptation and Mitigation plan for the Airport's bayside properties. SFO has previously secured
Analyze the Civil Rights Act of 1964 to determine which part of the act is the most difficult to enforce. Discuss the difficulties you have identified as well as steps that could be taken to address
Discuss the major challenges and benefits of an inclusive attitude toward disabled workers in the U.S. workforce.
Assume that you have client with an underfunded pension fund. What strategies would you recommend to close the gap in the pension fund?
A production process fils containers by weight. Weights of containers are approximately normally distributed. Historically, the standard deviation of weights is 5.5 ounces. (This standard deviation
Gallup has surveyed a number of people in texas and hawaii and estimated stress levels as the sample proportion who say they are "stressed". Suppose the margin of error (based on 95% confidence
Alpha Inc has just paid a dividend of $0.50 per share. The dividends are expected to grow at 24% per year for the next two years and at 8% per year thereafter. If the required rate of return in the
In 1921, economist Frank Knight wrote: "Uncertainty must be taken in a sense radically distinct from the familiar notion of Risk, from which it has never been properly separated. The essential fact
For 2012, Bayside Corporation sold 130,000 units of its product for $35 each. The variable cost per unit was $30, and Bayside's margin of safety was 30,000 units. What was the amount of Bayside's
What are the Big Five dimensions of traits?
What is the primary use of personality traits?
What does intelligence have to do with leadership?
You have been hired to be a consultant on pricing strategies for two different companies. Both of the companies have similar customer bases in that their customers fall into two well defined groups:

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