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Questions:
1. What type of
2. What inefficiencies does the over recovery impose on the market?
3. Aside from the government directive, what can be done to prevent Meralco from overcharging?
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- Mooney Corporation has acquired 150 machines in a business combination. Mooney does not intend to use these machines so it is required to recognize these items at fair value. Assume that Mooney has access to 3 different geographical markets (Northwest, Southwest, and Midwest). The Northwest market has legal restrictions and will take at least 6 months to obtain approval to sell the machines in the Northwest. The markets in the Southwest and Midwest can be accessed immediately. Volumes and prices are listed below Market Price Entity Specific Volume Market Volume Northwest $42,000 20% 45% Southwest $52,000 45% 15% Midwest $49,000 35% 40% Which market should Mooney Corporation use to determine the fair value of the machines?The table below displays the cost and output per week (in EUR) of the company «Creativia» which produces community textile face masks. Total Product Quantity Total variable costs, Euro 0 0 250 350 450 450 650 600 750 750 800 950 830 1300 850 1800 Assume the price is EUR 4,00 and is constant at any quantity, Calculate the profit at the profit-maximizing output and show the area of profit on the graph. Determine below what price would the firm exit the market in the long run. Explain your answer.The owners of a small manufacturing concern have hired a manager to run the company with the expectation that he will buy the company after five years. Compensation of the new vice president is a flat salary plus 75% of first $150,000 of profit, and then 10% of profit over $150,000. The purchase price for the company is set as 4½ times earnings (profit), computed as average annual profitability over the next five years. Does this contract align the incentives of the new vice president with the goals of the owners?
- Failure to comply with the CPD program under RA 10912 will automatically revoke the license of the CPA.1 Enthle works in a call centre in Woodstock, Cape Town for 45 hours per week. Enthle earns a total of R4 725 per week and exerts an effort level of 0.6. This effort level translates into a disutility of effort cost equal to R35 per hour. In the event that Enthle loses her job, she knows it will take her 6 weeks to find another job at the same pay. UIF provisions also state that Enthle may claim R40 per hour for the first 6 weeks of her unemployment in the event that she loses her job Assume that call centres across the country decide to implement automatic menus for when customers call in, meaning that the number of call centre operators required decreases. This leads to an oversupply of call centre workers, and an extension of the expected duration of unemployment for Enthle to 10 weeks. Furthermore, due to the emotional stress of a retrenchment process, Enthle will suffer a psychological cost equivalent to R10 per hour if she loses her job. All other parameters remain unchanged. (d)…An application was presented by a client to Meezan Bank seeking consent for the purchase of the laptops. In his request, he stated that the laptops have been bought from Hewlett Packard. He enclosed along with his request an invoice relevant to those goods, indicating that he was indebted to that (client) and he requested the bank to pay value of such laptops. The above mentioned client has demanded the bank settle the attached invoice amount and that he has undertaken to pay an amount exceeding the invoice amount. He has also undertaken to pay 20% of the buying price and he requested that the balance price amount to be paid in installments spread over 6 months. a) Is this transaction permissible? Please support your answer with arguments b) Suggest a solution for the above mentioned situation
- Exotic Metals, Inc., a leading manufacturer of beryllium, which is used in many electronic products, estimates the following demand schedule for its product:PRICE ($/POUND) QUANTITY (POUNDS/PERIOD)$25 018 1,00016 2,00014 3,00012 4,00010 5,0008 6,0006 7,0004 8,0002 9,000Fixed costs of manufacturing beryllium are $14,000 per period. The firm’s variable cost schedule is as follows:OUTPUT (POUNDS/PERIOD) VARIABLE COST (PER POUND)0…Atty. Larry Gadon has barely passed the Bar Examination. This however did not deter him to venture into the private practice of law. To attract clients in his law office, he decided to purchase several law books so that he will have something to display in his library. He then purchased in an installment basis from Phoenix Publishing Company several law books including a complete set of Supreme Court Reports Annotated. As a result, Phoenix Publishing Company expressly reserve the ownership of the said books despite its actual delivery to Atty. Gadon. A day after the books were delivered, the building housing his office and library was gutted by fire, burning the books that were earlier delivered. On the due date, Phoenix Publishing Company demanded from Atty. Gadon the payment of his balance, however he refused to pay it since he then contended that he was not yet the owner of the books at the time it was delivered as the Publishing Company made reservation of ownership despite its…You are considering adding a new software title to those published by your highly successful software company. If you add the new product, it will use capacity on your disk duplicating machines that you had planned on using for your flagship product, "Battlin' Bobby." You had planned on using the unused capacity to start selling "BB" on the West coast in two years. You would eventually have had to purchase additional duplicating machines 10 years from today, but using the capacity for your new product will require moving this purchase up to 2 years from today. If the new machines will cost $115,000 and can be expensed under Section 179, your marginal tax rate is 21 percent, and your cost of capital is 16 percent, what is the opportunity cost associated with using the unused capacity for the new product? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Opportunity cost
- A company produces and sells a consumer product and is ableto control the demand by varying the selling price. The approximate relationship between price and demand is p = 38+ (2,700/D) - (5000/D²) for D>1 The company is seeking to maximize its profit. The fixed cost is $1,000 and the variable cost is $ 40 per unit. What is the number of units that should be produced and sold each month to maximize profit? A 71 B 60 с 50 D 25You are considering adding a new software title to those published by your highly successful software company. If you add the new product, it will use capacity on your disk duplicating machines that you had planned on using for your flagship product, "Battlin' Bobby." You had planned on using the unused capacity to start selling "BB" on the West coast in two years. You would eventually have had to purchase additional duplicating machines 10 years from today, but using the capacity for your new product will require moving this purchase up to 2 years from today. If the new machines will cost $115,000 and will be depreciated straight-line over a 5-year period to a zero salvage value, your marginal tax rate is 32 percent, and your cost of capital is 12 percent, what is the opportunity cost associated with using the unused capacity for the new product?While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. You can’t spare the time to pick up the pizza and must have it delivered. “Pick-Up-Sticks” offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). “Fred’s” offers the round, deep-dish Sasquatch, which is 20 inches in diameter. It is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. Solve, a. What is the problem in this situation? Please state it in an explicit and precise manner. b. Systematically apply the seven principles of engineering economy (pp. 3–6) to the problem you have defined in Part (a). c. Assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unitof volume? d. What other…