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Q1. Kieso Company borrowed $710,000 on a 120-day note at 14 percent interest. The money was borrowed for 45 days in 2011 and 75 days in 2012; the note and interest were to be paid upon maturity in 2012. Explain how more interest expense, if any, would be reported in 2011 and in 2012?
Q2. Give an example of an industry with an oligopolistic structure. Illustrate what are the firms in this industry? Illustrate what criteria are you using to classify this industry as an example of oligopoly? Has this industry experienced price wars? If so explain why? If not, why not?
Compute the coefficient of variation for each project and Classify the preferred project according to this criterion.
Explain how that the balance sheet balances if these are the only assets and liabilities.
What other economic factors are affected when taxes are raised or lowered, and how are they affected. Should the government increase tax rates on everyone as a way to equalize incomes and wealth.
Explain how businesses create value by integrating the production and distribution of goods, services, and information.
Gains from trade will result if a country specializes.
Suppose now the price of a cell phone minute falls to $.50 per minute. Show how this will change the budget line.
Will the sales force and warehouse manager maximize ports.
Do sibs have the expected effect. Explain. Holding medic and feduc fixed, by how much do sibs have to increase to reduce predicted years of education by one year.
The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.
Suppose that the participation variable, voucher, is completely randomized in the sense that it is independent of both observed and unobserved factors that can affect the test score.
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
Elucidate how much the equilibrium quantity of wheat sold. Elucidate the actual cost which is equal to the equilibrium cost.
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