Share
Explore BrainMass

Personal Finance & Savings

13276 Preference

Yangjie buys smoothies and sushi, The price of a smoothie is 5$ and the price of sushi is 1$ a piece. Each month, Yangjie spends all of her income and buys 10 smoothies and 20 pieces of sushi. Next month the price of a smoothie will fall to 3$ and the price of sushi will rise to 2$ a piece. Assume that Yagjie's preference map is

Basic NPV Calculations for Sales and Marketing

HW4 Finance type your name here This sheet is to train you with financial calculations in Excel. Save your document as "Lastname-HW4". You became an assistant manager at Strategic Finance Dept. of a Theme park. A new water-ride is proposed by the Sales & Marketing department, which pr

Creating Cash Budgets

A company had sales of $50k in March and $60k in April. Forecast sales for May, June, and July are $70k, $80k, and $100k, respectively. The firm has a cash balance of $5k in May 1 and wishes to maintain a minimum cash balance of $5k. Given the following data, prepare a cash budget for the months of May, June and July. 1) The

Interest Rate

An Insurance company has just approached you with a proposal that they consider as a good deal, "You are to pay them $150 a year for 8 years and they will pay you $150 a year thereafter in perpetuity." If this is a fair deal, what is the rate of interest?

Federal Reserve System

In the U.S., do all banks have to join the Federal Reserve System? What are the benefits of joining the Fed? What are the benefits of staying as a State Chartered bank? Is there site information available. I am unable to use Wikipedia.com for references.

Balance of payments

8. (Balance of Payments) Explain where in the U.S. balance of payments an entry would be made for each of the following: a. A Hong Kong financier buys some U.S. corporate stock. b. A U.S. tourist in Paris buys some perfume to take home. c. A Japanese company sells machinery to a pineapple company in Hawaii. d. U.S. far

Game Theory

How can I use game theory to set up a game designed to help a consumer decide whether to buy life insurance or not. (Assuming the life insurance being considered is term life, i.e. insurance without an accumulating investment value). The customer is playing against Mother Nature.

Consumer Economics Question

Over the past couple years, medical costs have increased due insurance have not been covering all the procedures. In order of how rising medical costs have affected consumer alternatives.... Let x = represent quantity of medical services Let y = represent the quantity of other goods Also, Let M = measured in hundreds of

Cost of capital (k)

Please tell me how to find K given the parameters in the problem for #9.50. You can see how I'm trying to do it, but I can't figure out what to plug in for Cd and Ce from what's given.

Excel spreadsheet - fixed costs

1) Consider the following costs of owning and operating a car. A $15,000 Ford Taurus financed over 5 years at 10 percent interest means a monthy payment of $ 318.17. Insurance costs $100 a month regardless of how much you drive. The car gets 20 miles per gallon and uses unleaded regualr that costs $1.50 per gallon. Finally s

Short run/long run operations

Please help with the following problem. A firm has fixed costs of $100,000. The selling price is $25 per unit of output. Average variable costs are lowest (equal to $20 per unit) at 1000 units of output. What advice would you give to this firm in the short run (without being able to change the costs or output level) rel

Microeconomics problem

1) a. Lee has an income of $15,000 (after taxes). When the price of gasoline is $1.25 per gallon, Leebuys 4,000 gallons. Putting gasoline on the horizontal axis and "other goods" on the vertical axis,and assuming a unit of "other goods" costs $1, draw Lee's budget constraint and show the equilibrium. a. The price of gaso

Accounting Questions

Due to an oversight, a company made no adjusting entry for accrued and unpaid employee wages of $24,000 on December 31.This oversight would: a. Understate net income by $24,000. b. Overstate net income by $24,000. c. Have no effect on net income. d. Overstate assets by $24,000. e

Dominant strategy/pricing

The Province of British Columbia decides to legalize marijuana.1 It does so, however, under rather stringent conditions. First, it mandates that the price be C$10 per ounce (the marginal cost per ounce-including provincial taxes-to producers is C$3). Second, it restricts the business to two firms BC Stone Age and Reefer Madn

NPV and IRR for Mutually Exclusive Projects

A. Calculate the NPV and IRR for each project. The company's WACC is 10%. b. Assume only one percent can be undertakeen. Which project would you recommend and why would you?

Help on Cash Budgets

To avoid any uncertainty regarding his business' financing needs at the time when such needs may arise, Cyrus Brown wants to develop a Cash Budget for his latest venture- Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next nine months: March 2004 $250,000 April 275,000 Ma

Gantt Chart Application

Show a gantt chart that displays possible processes involved in developing or starting a website, preferrably a website for a modeling agency where they will showcase individuals profiles, there bio, photos etc. Try and include at least 7-10 steps of things or processes in an order. Example, you would not list software developme

Financial Statements for Max Company

Please see attached file. Question #3 Max Company Adjusted Trial Balance 7/31/2005 Debit Credit Cash 100,000 Accounts Receivable 67,000 Supplies 3,000 Prepaid Insurance 5,000 Prepaid Rent 12,000

Accounting Problem

I have attached the entire question. Part 1 and Part of part 2 I have done, there is the entire information of the journal entries; how do i connect the info I have to do a trial balance? (See complete problem in attached file)

Healthcare Analysis - How to Pay for Care Provided

Millions of American children do not have access to basic health care with most being treated at hospital emergency rooms. In addition, there are illegal residents who are also being treated at this same cost. How do we serve the 40 million plus who have no "regular" access to health care? Develop a plan of action to solve th

Budget line

When the price of a good increases the quantity consumed will fall. The amount by which consumption falls however, depends on the both the substitution and income effects of a price change. Use an indifference curve/budget line diagram to explain this statement. Make sure you include a definition of all key terms in your answer.

Utility Function; Risk Premium; Marginal Product of Capital;

--------- 1. Suppose that Natash'a utility function is given by U(I)= Sq. Root of I where U represents utility and I represents annual income in thousands of dollars. A) Is natasha risk loving, risk neutral, risk averse? B) Suppose that Natasha is currently earning an income of 10,000, and can earn that inco

The Purpose of Patents

Subject: patents Details: . So why do governments issue patents at all? Explain, showing the contrast between the average and marginal cost curves for a firm with very high fixed costs and low marginal costs, and those assumed for the ?standard? textbook firm. What might one predict would happen to the rate of innovation if th

Understand specific type of problems cost analysis of own vs. rent

Graduate level step-by-step solution with explanation 1. A couple plans to purchase a home for $250,000. Property taxes are expected to be $1,900 per year while insurance premiums are estimated to be $700 per year. Annual repair and maintenance is estimated at $1,400. An alternative is to rent a house of about the same siz

Risk Averse

Please help solve the following question: Suppose that you consider insuring some property against damage. There is only one insurance company. After examining the risks and the premium, P, you find that you have no clear preference between buying insurance and not. Then, you hear about a new policy called probabilistic in

Probability for Individual Risk Neutrals

Please help with the following problem: Assume that the dollar loss, L, associated with being robbed by a mugger on the street is $3, and that being robbed occurs with a probability of p. Suppose an individual can influence p by exercising caution, but doing so will be costly. Let the cost, C, required to achieve probabilit