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Consider the following total cost function: TC = 2/3Q3 – 10Q2 + 200Q + 50 A) Identify the FC and VC function? B) Calculate AVC, AFC, ATC, and MC functions C) Determine the level of output at which AVC reaches minimum point and the minimum AVC at that level of output?
a) Only supply decreases
b) Only supply increases
c) Only demand increases
d) Only demand decreases
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EER_EPMRU_PF4_Y35NY_DPG&f=A
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=RWTC&f=A
Share an example of a time when you received effective feedback that helped you improve your performance. What made that feedback helpful?
Share an example of a time when you received feedback that was not helpful. What made that feedback ineffective?
Using your two examples, what can you conclude about the characteristics of effective feedback? If you were a manager, how could you use these lessons to improve the feedback you gave?
Be sure that your Learning Journal entry is a minimum of 500 words.
Read the mini-case study in section 2.1. “Case in Point: SAS Institute Invests in Employees.” The study generally discusses the approach of a major software company to its employees. Then, consider the “Factors That Have the Strongest Influence over Work Behaviors” from figure 2.15. Describe how each of the four factors is managed by SAS. Do you agree or disagree with the firm’s approach and policies? Why or why not?
Note: Additional reading can be found at Crowley, M. C. (2013, January 22). How SAS became the world's best place to work. Fast Company. http://www.fastcompany.com/3004953/how-sas-became-worlds-best-place-work
Price level (GDP deflator, 2005 = 100) Quantity of real GDP demanded (trillions of 2005 dollars) Quantity of real GDP supplied (trillions of 2005 dollars) 115 8.8 12.0 110 9.4 11.0 105 10.0 10.0 100 10.6 9.0 95 11.2 8.0 90 11.8 7.0 Based on the table above, a) What is the equilibrium price level and real GDP? (4 marks) b) If potential GDP is $11.0 trillion, what does that imply about the economy's level of employment? (8 marks) c) If potential GDP is $9.0 trillion, what does that imply about the economy's level of employment?
Welltodo Ltd has the following capital structure, which it considers to be optimal: debt = 15%, preferred stock = 20%, and common stock = 65%. FCI’s tax rate is 40%, and investors expect earnings and dividends to grow at a constant rate of 6% in the future. Welltodo paid a dividend of Gh₵4.70 per share last year (D0), and its stock currently sells at a price of Gh₵60 per share. Ten-year Treasury bonds yield 6%, the market risk premium is 5%, and Welltodo’s beta is 1.3. The following terms would apply to new security offerings. Preferred: New preferred could be sold to the public at a price of Gh₵100 per share, with a dividend of Gh₵9. Flotation costs of Gh₵5 per share would be incurred. Debt: Debt could be sold at an interest rate of 9%. Common: New common equity will be raised only by retaining earnings. Determine the company’s WACC?
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Zen Communication is a large-scale marketing materials firm in Cape Town.
They’d like to achieve a return on investment of 30%. The marketing
department estimates the firm can achieve the following sales:
PROBABILITY SALES
50% R45 633 384
50% R55 554 500
The marketing department limits marketing expenses to 5% of sales. The credit
department aims to limit bad debt to 2% of sales. The cost of goods sold is
40% of sales.
HR has been provided with the guideline of limiting salaries and HR expenses to
27% of sales. Courier and delivery expenses are expected to not exceed
1,5% of sales. Other operating expenses are estimated as follows:
Expenses 5795937
The firm estimates that it will have to pay R20 000 in interest. The tax rate is
28% of earnings before tax.
i) Prepare the projected statement of comprehensive income and
determine the expected earnings
Which one of the following statements referring to the entrepreneurial characteristics of risk-taking is correct ?
(a) The successful entrepreneur feels its necessary to take many chances
(b) Entrepreneurs investigate the probable results before they take decisions
(c) Successful entrepreneurs do not take risks
(d) Successful entrepreneurs lengthen the time between the conceptualisation of an idea and the availability of the product in order to limit the risk
#339914 on Dec 2023