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You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $360,000, accounts receivable = $2,200,000, inventory = $1,900,000, accrued wages and taxes = $690,000, accounts payable = $990,000, and notes payable = $790,000. Calculate Goodman Bees' net working capital. Net working capital $
Detail how family influences socialization. What cognitions, affects and behaviors are specific to families? Explain how socialization by family has impacted you as a consumer.
A company currently has a machine (defender) which was purchased 9 years ago at a cost of $70,000 and an expected annual operating cost of $ 16,000. It was expected to last 15 years with a salvage value of $ 18,000. Analyze the defender (new) v. the ..
In the aftermath of 2012’s Hurricane Sandy, there was a lack of gasoline for consumers to purchase in New York and New Jersey. Lines were common, as there was significant demand for whatever gas was available. Sellers could have found ways to deliver..
Suppose there is a firm with two inputs of production, labor (L) and capital (K), with associated prices w and c, respectively. Also assume that the firm faces competitive input and product markets and that the two inputs are gross substitutes in pro..
Elucidate the multiplier concept as it applies in this case also what are the qualifications and limitations of the m.
Tom hired a demolition company, to level an old building on a busy downtown lot. The demo company was given full rein to decide on the amount of explosives needed and the placement of the charges. Security for the site on the day of the explosion was..
Discuss how a purely competitive firm might gain market power (and therefore no longer be a purely compettiive firm). Be detailed and specific. Why would a firm wish to gain market power? How would the firm's success in gaining market power affect th..
In response to the Great Recession a number of European governments adopted aus- terity policies which cut government spending on goods and services. Assuming no change in autonomous consumption or in autonomous investment, explain whether such an au..
What is the programmed management approach in international marketing and advertising? How are Kraft Heinz, P&G, Nestle, and Starbucks are handing this?
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
Bribes: Two players find themselves in a legal battle over a patent. The patent is worth 20 to each player, so the winner would receive 20 and the loser 0. Given the norms of the country, it is common to bribe the judge hearing a case.
A firm has the production function y = x1^1/2 * x2. In the short run it must use exactly 15 units of factor 2. The price of factor 1 is $75 per unit and the price of factor 2 is $2 per unit. Derive the firm’s short-run marginal cost function.
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