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10/01/2020

Jeff Gordon and Dale Earnhardt are racing their stock cars to try to win the Daytona 500. Jeff makes a pit stop to gas up and change his tires. When he gets back on the track, he discovers that he is right next to Dale. Both are traveling at speeds of 150 mi/hr, but Dale is one full lap (2.5 miles) ahead.

04/13/2020

Required
a. Assuming that a city ordinance mandates a balanced budget, what must be the minimum amount in the Fund Balance account of the General Fund at the beginning of FY 2011?
b. Prepare the general journal entries to record the adopted budget at the beginning of FY 2011. Show entries in the subsidiary ledger accounts as well as the general ledger accounts.

04/10/2020

04/09/2020

04/09/2020

Question
1. Consider a simple Keynesian income-spending model of an economy described by the following equations
C = 200 + 0.75Yd

= 400

T = .1Y

= 250

= 500

= 350

M = 0.2Y

(a) Calculate the equilibrium income level.

(b) Sketch this equilibrium position using a two-dimensional graph.

(c) If potential GDP is 3,420 what is the size of the output gap? If public sector spending on goods and services is increased by 150, what is the new equilibrium level of income? How much should public spending have been increased by in order to have closed the output gap?

[All calculations to one decimal point]

2. Consider an IS/LM model of an economy with the following equations

C = 220 + 0.75Yd

I = 165 – 10i

= 490

= 300

T = .15Y

Ld = .2Y – 3i

/ = 550

(a) Define the IS schedule. Using the above data, derive the equation for the IS curve.

(b) Define the LM schedule. In this example, what is the equation for the LM curve?

(c) Calculate the equilibrium level of income and interest rates. Sketch the relevant diagram.

(d) What are the values of the monetary policy multiplier with respect to income and interest rates? If the money supply is reduced by 50, what are the new market-clearing income and interest rate levels?

[All calculations to two decimal points

04/09/2020

For the remaining questions of this exam, you will read the brief article posted below and then
respond to the questions that follow.
Tommy's December birthday creates a quandary for his parents: Which year
should he start kindergarten? If they enroll him in kindergarten the year he
turns five, he will be one of the youngest children in the class. If they wait a
year, he will be one of the oldest. Which is better?
Older is better, advise Zvia Breznitz and Tamar Teltsch, professors in the
School of Education at the University of Haifa in Israel. These researchers
base their opinion on a study of 137 children the researchers identified as
early starters or late starters.
Early starters are the youngest kindergartners: They start school at age four
and turn five during their kindergarten year. Late starters are the oldest.
These five year olds turn six between January and March of their kindergarten
year.
The children were tested as first-graders and then again as fourth-graders. In
both grades, late starters scored higher on reading and mathematics
achievement than did early starters. But academic achievement is only part of
the story. The older children felt less anxiety and had higher self esteem than
the younger children. Later starters were also more popular with their
classmates than early starters.
Although age does not determine any child's success, the research makes a
strong case for giving your child the advantage of being the oldest in the
class.
Write a response to the following prompts.
Q1. Write a research question that might have been used in this study. Q2. Write a hypothesis that might have been used for this study. Q3. List the independent and one or more dependent variables in this
study.
Q4. What might be some extraneous variables in this study?
Q5. List some undefined concepts mentioned in this article. Q6. Descriptive studies do NOT
a) study relationships between variables.
b) tell why something occurred.
c) use operational definitions.
d) use concepts.
e) Descriptive studies DO all of the above.
Q8. List and briefly define three important ethical guidelines for researchers.
Q9. Identify the independent and dependent variables in the followin

04/09/2020

Kyra has decided to do her speech on current trends in vampire fiction. Her two main points are: (1) Many vampire series have introduced werewolves into the mix. (2) The Twilight series introduced Jacob, a werewolf, into the series. What is the problem with these statements as Kyra's main points?Â

A.
Not important

B.
Not distinct

C.
Not on topic

D.
Not related

02/10/2020

FIRE 623

Graded Case Assignment – Mid-Atlantic Container Corporation

100 points







Assess the current financial health and recent financial performance of the company. What strengths and/or weaknesses would you highlight to Sarah Conner?


What are the key driver assumptions of the firm’s financial performance? What are the managerial implications of those key drivers? That is, what aspects of the firm’s activities should Sarah Conner focus on especially?




What is Mid-Atlantic’s weighted-average cost of capital (WACC)? What are the key assumptions that especially influence WACC?


What are the free cash flows of the packaging machine investment? Should Conner approve the investment?




Forecast the firm’s financial statements for 2015 and 2016. What will be the external financing requirements of the firm in those years? Can the firm repay its loan within a reasonable period? Hint: You should analyze the packaging machine investment before forecasting the financial statements.






NOTES:



I am more interested in the quantitative analysis. Thus, your write-up should be (a) concise and to the point and (b) based on your quantitative analysis. The write-up should not exceed three (3) pages plus how ever many pages you need for your spreadsheet analysis. Make sure that I am able to follow your spreadsheets. That means to annotate and format appropriately. Your grade will be partly based on how you present the data to me.


You may work in groups of up to 3 people on this project.

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