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Suppose the marginal cost of producing rock concerts is only $250 per concert no matter how many are produced. Use the data from the previous question to calculate the efficient number of concerts. If a Lindahl scheme is used to finance the concerts, what prices of admission should be charged to John, Loren, and Mary?Marginal […]

Threads Main ViewRead through the Proofs for the Existence of God carefully (see Course Resources). Do any of them convince you? If the answer is no (and it usually is), then what purpose do you think those proofs serve? Would it make a difference to you if the proofs were somehow made better? How would […]

Question 1 of 10A ____________ is an underlying assumption or inference that the writer takes for granted.A.claim B.qualifier C.reason D.warrant Question 2 of 10________ is support that relies on the credibility of the author.A.Ethos B.Pathos C.None of the choices D.ManipulationQuestion 3 of 10Literally means “it does not follow” in Latin.A.Anecdote B.Gerund C.Non sequitur D.Rhetorical question […]

The financial statements of the Novak Corp. reports net sales of $384000 and accounts receivable of $48000 and $32400 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Novak?8 times5 times13 times10 times

The KG Corporation has average an ROE of 14% over the past 5 Years and that should continue into the future. The firm has a payout ratio of 69% on earnings per share of $6.44 and paid the dividend yesterday. The discount rate for a firm of KJ’s risk level is 14% .a. What is […]

Imagine yourself at a fair playing one of the midway games. Pick a game and calculate the expected value and post your results along with how you calculated them. For example, you may decide to throw a basketball to try to win a $10 bear. You paid $2.00 for three shots. What is the expected […]

1. Lisa Company had 175 units in beginning inventory at a total cost of $21,525. The company purchased 350 units at a total cost of $56,000. At the end of the year, Lisa had 140 units in ending inventory.(a)Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and […]

September 3 Paid in cash the set up of the web site. It expects to last the whole life of this business $2,000.Is the $2000 spent on the website, considered an asset for the whole life of the business, or does it depreciate?

In 2013, Southwest Airlines acquired AirTran Airlines, continuing a trend of airline takeovers and mergers evident in recent years. Despite increasing demand in travel for both business and pleasure, this industry continues to struggle to be profitable. The airline industry (like many others) has problems with public relations and perceptions, as well as simply being […]

KDP Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 40 percent of billed premiums are collected in the month in which they are due, 50percent are paid in the month after they are billed , and 6 percent are paid in the second month following their due date.4percent of the […]