Marta is an editor and she spends a reat deal of time typing on her computer. She begins to feel numbness and tingling in her anterior and lateral hands and weakness in the muscles of her forearm that flex her hand. What nerve is likely involved in her problem, and what do you think has happened? Explain her symptoms.

 

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Martell Mining Company’s ore reserves are being depleted, so its sales are falling. Also, because its pit is getting deeper each year, its costs are rising. As a result, the company’s earnings and dividends are declining at the constant rate of 9% per year. If D0 = $5 and rs = 10%, what is the value of Martell Mining’s stock? Round your answer to two decimal places.

 

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Martha Hamilton was offered a position as director of sales for the American East Inn.

She received a written offer of employment on the first of the month, with the stipulation

that the offer would be in effect until the 15th of the month. If Ms. Hamilton were to

accept the offer, she would have to sign the employment contract and return it to the

American East Inn before the offer expires on the 15th. Upon reading the details of the

contract, Ms. Hamilton felt that the salary was too low, she adjusted it upward by $6,000,

initialing her change on the contract copy. She then returned the offer letter to the

general manager of the American East Inn with a cover letter, stating she was pleased to

accept the position as detailed in the attached contract. The contract arrived by mail on

the 14th of the month, at which time the general manager called Ms. Hamilton to express

his regret that she had rejected the employment offer. Ms. Hamilton realized that the

general manager would not accept her salary revision proposal, so instead she verbally

accepted the position at the original pay. The general manager, however, declined her

acceptance, stating that the original offer no longer existed.

What are the elements of an enforceable contract?

On what legal grounds may the general manager withdraw his original offer of

employment?

 

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Martha Manufacturing produces a single product that sells for $80. Variable costs per unit equal $32. The company expects total fixed costs to be $72,000 for the next month at the projected sales level of 2,000 units. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately.

1. What is the breakeven in units and numbers?

2. Suppose management believes that a $16,000 increase in the monthly advertising expense will result in a considerable increase in sales. Sales must increase by how much to justify this additional expenditure.

3. Suppose that management believes that a 10% reduction in the selling price will result in a 10% increase in sales. If this proposed reduction in selling price is implemented?

 

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Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?

A.

pay for the repair

B.

contact the Food and Drug Administration

C.

approach the Federal Trade Commission

D.

buy a new microwave

E.

recycle the microwave responsibly

 

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