Week 2 Applied Problems Essay

Comprehensive Problem 67 (Ch. 5) Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken’s modified adjusted gross income for purposes of the bond interest exclusion and for determining the taxability of his Social Security benefits is $70,000 and that Ken files as a single taxpayer. Determine Ken’s 2009…

Chapter 1 – Applied Problem 1 § Explicit costs are monetary costs of using market-supplied resources. Explicit Costs | | Cost of Products and Services | $355,000 | Selling Expenses | $155,000 | Administrative Expenses | $45,000 | Interest Expense | $45,000 | Legal Expenses | $28,000 | Income Taxes | $165,000 | Total Explicit Costs | $793,000 | § Implicit costs are non-monetary costs of using owner-supplied resources. Implicit Costs | | Forgone Salary | $175,000…

Lillian Hikmah Professor Kevin Cummines Intro to Music 21 November 2013 Applied Questions 2: 1. Discuss the use of music in Catholic and Protestant worship practice, from the development of polyphony, through the music of J.S. Bach. In so doing, discuss the shift in responsibility for musical development from the Catholic Church to the Lutheran Church. During the middle Ages, the Catholic Church was the sole contributor to musical development. The music of the early church was monophonic, and had…

PB, or PBD used to advance the project. Project Manager and Stakeholders Who will lead this project? Who are the major stakeholders? Milestones What are the key milestone dates associated with the project? Implementation Vote 2 Months Project Timeline Key milestones Planning: Apr 2013 - Dec 2013 Design: Jan 2014 - Dec 2014 Bid / Award: Jan 2015 - Apr 2015 Construction: May 2015 - Mar 2016 Closeout: Apr 2016 - Jul 2016 Project Timeline (Subcatogories) Demolition of old playground…

Problem 1: Jonathon Barrs is a manager for Easy Manufacturing, LLC. He wishes to evaluate three possible investments. These investments are for the purchase of new machine tools from Germany, Japan, and a local US manufacturer. The firm earns 10% on its investments and they have a risk index of 5%. The chart below lays out the expected return and expected risks of the three projects. Investment Expected Return Expected Risk Return/risk ratio Current investments 10.00% 5.00% 2.00 German…

Assignment 2: Marketing Plan Name Institutional affiliation Date Target Market The Affordable Blended Smoothie, Inc. will be producing a healthy non-alcoholic product. As more families and the society continue struggle to maintain healthy lifestyles, the new beverage comes at the right time in remedying the situation. The new energy drink will be suitable to all classes of people regardless of their age, educational level, income, gender, or ethnic affiliation…

effectively being used to make adjustments as necessary. Project tend to go through changes as the project goes, and another feature is the project tracing, which allows the PM to revise the plan and see impact of changes, to make better decisions. 2. Imagine that you are interviewing for a job when the interviewer asks you which cost-benefit analysis technique is best for assessing a project’s economic feasibility. What would your response be? Respond to at least two of your classmates’ postings…

Chapter 4 2. Inflation Effects on Exchange Rates. Assume that the U.S. inflation rate becomes high relative to Canadian inflation. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar? ANSWER: Demand for Canadian dollars should increase, supply of Canadian dollars for sale should decrease, and the Canadian dollar’s value should increase. 3. Interest Rate Effects on…

involves the philosophy of approaching a problem in a subjective manner. FALSE 2) Management scientists use the terms "data" and "information" interchangeably--that is, the two terms mean the same thing. TRUE 3) A variable is a value that is usually a coefficient of a parameter in an equation. TRUE 4) Parameters are known, constant values that are usually coefficients of variables in equations. TRUE 5) A model is a mathematical representation of a problem situation including variables, parameters…

McDonald’s Corp reduced the price of its Big Mac by 75 percent, if customers also purchased French fries and a drink, The Wall Street Journal reported that the company was hoping the novel promotion would revive its U S sales growth. It didn’t. Within two weeks sales had fallen. Using your knowledge of game theory, what do you think disrupted McDonald’s plans? “Game theory is the study of interactive decision making--that is, in situations where each person's action affects the outcome for the whole group…