Maria posts several signs in the neighborhood offering $50 for the return of her lost dog, Fluffy. Apple telephones to get a full description of the dog and tells Maria, “I promise to look for your dog, you owe me $50.” A contract is formed by Apple’s call to Maria. True or False
Margarite’s Enterprises is considering a new project. The project will require $325,000 for new fixed assets,$160,000 for additional inventory and $35,000 for additional accounts receivable. Short-term debt isexpected to increase by $100,000 and long-term debt is expected to increase by $300,000. The project has a5-year life. The fixed assets will be depreciated straight-line to a zero book value over the life of the project. At the end of the project, the fixed assets can be sold for 25% of their original cost. The net working capitalreturns to its original level at the end of the project. The project is expected to generate annual sales of$554,000 and costs of $430,000. The tax rate is 35% and the required rate of return is 15%. Compute theproject’s NPV.
Question:Margarite’s Enterprises is considering a new project. The project will require $325,000 for new fixed assets,$160,000 for additional inventory and $35,000 for additional accounts…
Maria is making a outdoor shower.she cut holes in the bottom of the bucket for the water to drain.The water level decreased by 2cm every three minutes.The bucket is filled with 44 cm of water.How long will it take for the bucket to be empty?
Margarita is a cocktail with alcohol, fruit juice and lemon juice. Can you predict which of these component, (alcohol, sugars and citric acid) in this margarita will go through the cell membrane slowly or rapidly to reach the blood?
A.is not actionable, since homosexuals are not protected against discrimination by Title VII.
B.is actionable, since her her affinity orientation makes her more amenable to psychological injury.
C.is actionable, since the gravamen of her complaint is discrimination on the basis of her gender, not on the basis of her affinity orientation
D.is not actionable. Harassment of a lesbian by a male is regarded, in the eyes of the law, as same-sex harassment, which is generally not a recognized claim.
Maria and Anjali are selling pies for a school fundraiser. Customers can buy blueberry pies and blackberry pies. Maria sold 14 blueberry pies and 2 blackberry pies for a total of $264. Anjali sold 3 blueberry pies and 12 blackberry pies for a total of $288. What is the cost each of one blueberry pie and one blackberry pie?
Maria, a Mexican American, and Sophia, a white American, applied for jobs at Golden Enterprises. Maria was not hired. In order to prevail on a claim for national origin discrimination under Title VII, Maria must prove:
A.that Sophia was not a member of a protected class.
B.that Golden Enterprises intentionally discriminated against her.C.that Golden Enterprises has at least 10 employees.D.that she was qualified for the job.
Marguerite M., an 89-year-old widow, is admitted into the cardiac intensive care unit in Chicago’s Memorial Hospital at 3:00 a. m. on a Sunday morning with a massive heart attack (myocardial infarction). Her internist, Dr. K., who is also a close family friend, has ordered an angiogram to determine the status of Marguerite’s infarction (heart attack). Dr. K. knows that the angiogram and resulting treatment need to be done within the first six hours after an infarction in order to be effective. Therefore, the procedure is going to be done as soon as the on-call surgical team can set up the angiography room. The radiologist, who lives 30 minutes from the hospital, must also be in the hospital before the procedure can begin. At 4:30 a. m. the team is ready to have Marguerite, who is barely conscious, transferred from the intensive care unit (ICU) to the surgical suite.
Coincidentally, at 4:30 a. m. Sarah W., an unconscious 45-year-old woman, is brought in by ambulance with a massive heart attack. The emergency room (ER) physicians, after conferring with her physician by phone, conclude that she will need a balloon angiography (dilating an obstructed blood vessel by threading a balloon-tipped catheter into the vessel) to save her life. When they call the surgical department to have the on-call angiography team brought in, they are told that the room is already set up for Dr. K.’s patient. They do not have another team or surgical room for Sarah. A decision is made that because Sarah needs the balloon angiography in order to survive, they will use the angiography team for her.
Dr. K. is called at home and told that his patient, Marguerite, will not be able to have the angiogram. The hospital is going to use the angiography team for Sarah, because she is younger than Marguerite and has a greater chance for recovery. Unfortunately, it took longer than expected to stabilize Sarah before and after the procedure and the six-hour “window” when the procedure could be performed on Marguerite passed. Marguerite expired (died) the following morning.
Margola Company produces hand-held calculators. The company controller wanted to calculate the fixed and variable costs associated with the maintenance cost incurred by the factory. Data for the past four months were collected. Which of the following would probably be a variable cost at a college? Which of the following is not an example of a discretionary fixed cost?
Margo Switches Coasts
For 17 years Margo Williams owned a jewelry store called Margo’s Diamond Mine near the naval base in San Diego. The large majority of her customers were sailors and their families and her most successful items were wedding rings, inexpensive necklaces, and low-priced brand-name watches. Because her customers were often stretching their finances to make what they felt was a major purchase, Margo’s store provided lay-away plans that allowed her clients to pay for items over time.
Margo’s mother, who lived in Ft. Lauderdale, recently became ill, so Margo decided it was time to close the store in San Diego and relocate both her home and business to Florida. She found a vacant store at a reasonable price in a small upscale strip mall in which the other businesses included an expensive dress shop, a gourmet food store, and a craft outlet. The surrounding area consisted mostly of high-end condominium developments which catered to retirees and people who spent about half the year in Florida.
Margo knows the jewelry business, including how to value items she takes on trade-ins, which suppliers are best to work with, and how to design and manage a store. Although she doesn’t know her new Florida market very well, some issues are clear:
• Advertising and promotion tend to be concentrated in newspapers and pennysavers.
Margo was not sure she wanted to use the Margo’s Diamond Mine name in this new market and she really did not know how to go about designing a marketing and promotion plan for the Florida market. To get started, Margo focused on two issues. First, she wanted a preliminary plan that would address—as best she could—the new marketing challenge she faces. Second, she wanted to research background information so she could refine her preliminary marketing plan.
Case exercise:
You are Margo. What are the new marketing challenges you face? Based on the material covered in this chapter, use the 4 Ps of marketing to make a preliminary marketing plan.
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