“Norek Corp. owned 70% of the voting common stock of Thelma Co. On January 2, 2009, Thelma sold a parcel of land to Norek. The land had a book value of $32,000 and was sold to Norek for $45,000. Thelma’s reported net income for 2009 was $119,000. What is the non-controlling interest’s share of Thelma’s net income?A.$35,700B.$31,800C.$39,600D.$22,200E.$26,100”

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

• What is the purpose of security policies, and why do organizations need clear and concise policies for the proper use of employer-owned equipment and services?
• What is the importance of an effective acceptable use policy (AUP) for a user and an employer?

Why Do You Need a Security Policy?Who is responsible for securing an organization’s information? Perhaps the Research and Evaluationdepartment? Not exactly. The Management Information System…

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

he objective of tax planning is to reduce or defer the tax cost of financial transactions. However, tax planning doesnot consist of a definite list of rules. explain the statement with a suitable example

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Which topics will the RN include when teaching a client about the side effects associated with the use of Selective Serotonin Reuptake Inhibitors (SSRIs)?

 a.          Weight gain and blurry vision.

 b.          Hypotension and tachycardia.

 c.           Gastrointestinal distress and sexual dysfunction.

 d.          Cardiac dysrhythmias and seizures.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

he Tariff, the Price Elasticity of Demand and the Impact on Company Profits

Here is some help with elasticity.  https://cdnapisec.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/38285871/entry_id/1_f4j9no40/embed/dynamic

In this week’s discussion your are going to be the CEO of a company.  In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US Tariffs on Chinese Imports is having on profits.  Please make yourself CEO of only one of these hypothetical companies.

‘Tis the Season- ‘Tis the season is one of the largest importers of holiday decorations and the summer quarter is devoted to importing decorations such as lighting, artificial trees, table runners,  outdoor yard decorations all of which have to be ready to ship by early fall. In fact we at ‘Tis the Season has a highly inelastic supply curve, they ramp up to produce decorations for each season and then once that season has been shipped they move on to the next season.  Fortunately the price elasticity of demand for almost all of your products is 0.19.

We Build Big – We Build Big is one of the largest developers of residential structure in the US.  We Build Big, builds every thing from apartment complexes to new single family homes.  Critical materials such as lumber, gypsum board, fabricate metal etc are largely imported. We Build Big know that our production process, the supply curve, is relatively inelastic. The concern over profits is that the price elasticity of demand for housing is 1.0.

Very Big US Auto – Very Big US Auto is one of the oldest and one of the largest auto manufacturers of auto in the US.  Very Big US Auto’s supply chain is highly dependent components manufactured in China and assembled in the US. Very Big US Auto knows that the price elasticity of supply is relatively inelastic and that then the price elasticity of demand which is1.2.

Now explain:

• Is the demand curve for your product relatively elastic, inelastic or unitary elastic?  Demonstrate for your company’s product, by how much the quantity demanded will change if you pass on the 25% increase in cost from the tariff as a price increase for your product. In other words, show your calculation of the percentage change in the quantity demanded given a 25% change in the price.
• Given your company’s price elasticity of supply and price elasticity of damand prepare a statement for your board as to the potential impact of profits.   Who will pay the the larger share of the tariff, your firm or your customers.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"