In the _, the perfectly competitive firm will seek out _____.pdf

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In the _____, the perfectly competitive firm will seek out ___________. a) long run; the quantity of output where profits are highest b) short run; the quantity of output where profits are highest c) long run; methods to reduce production and shut down d) short run; profits by ignoring the concept of total cost analysis Solution In the short run , the perfectly competitive firm will seek out the quantity of outptut where profits are highest.

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Income Statement (in million of USDs) 2015 Total sales 202 Cost of sales -148 Gross Profit 54 Selling, general, and administrative expenses -22 Research and development -8 Depreciation and amortization -4 Other income 4 Earnings before interest and taxes (EBIT) 24 Interest income (expense) -7 Pretax income 17 Taxes -4 Net Income 13 Balance Sheet (in million of USDs) Assets Liabilities Current Assets Current Liabilities Cash 62 Accounts payable 42 Accounts receivable 46 Notes payable/short-term debt 1 Inventories 5 Total current assets 113 Total current liabilities 43 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 101 Long-term debt 98 Total long-term assets 101 Total long-term liabilities 98 Total Liabilities 141 Stockholders\' Equity 73 Total Assets 214 Total Liabilities and Stockholders\' Equity 214 The above tables show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. 1. What is the company\'s ROE in 2015? 2. What is the company\'s ROA in 2015? 3. If the corporation has 20 million shares outstanding, what is its EPS in 2015? 4. Now consider that additionally the company\'s managers and employees have stock options for 5 million shares; what is its diluted EPS in 2015? Income Statement (in million of USDs) 2015 Total sales 202 Cost of sales -148 Gross Profit 54 Selling, general, and administrative expenses -22 Research and development -8 Depreciation and amortization -4 Other income 4 Earnings before interest and taxes (EBIT) 24 Interest income (expense) -7 Pretax income 17 Taxes -4 Net Income 13 Solution 1) ROE = Net income/Equity = $13/$73 = 17.81% 2) ROA = Net income/Total assets = $13/$214 = 6.07% 3) EPS = Net income/Number of shares outstanding = $13,000,000/20,000,000 = $0.65 4) Diluted EPS = Net income/Number of shares outstanding = $13,000,000/25,000,000 = $0.52.

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In your own words, what were the core intellectual, political, and artistic characteristics of the Italian Renaissance (c. 1350-1550 CE)? Describe two figures that seem to represent especially important Renaissance characteristics. Explain your reasoning. 250 words Solution The Renaissance is the reentrance into the world of that secular, inquiring, self- reliant spirit which characterized the life and culture of classical antiquity. This is simply to say that under the influence of the intellectual revival the men of Western Europe came to think and feel, to look upon life and the outer world, as did the men of ancient Greece and Rome; and this again is merely to say that they ceased to think and feel as mediaeval men and began to think and feel as modern men. Just as the Reformation went forth from Germany and the Political Revolution from France, so did the Renaissance go forth from Italy. And this was not an accident. The Renaissance had its real beginnings in Italy for the reason that all those agencies which were slowly transforming the mediaeval into the modern world were here more active and effective in their workings than elsewhere. City life was more perfectly developed in Italy than in the other countries of Western Europe. In the air of the great Italian city-republics there was nourished a strong, self-reliant, secular, myriad-sided life. It was a political, intellectual, and artistic life like that of the cities of ancient Greece. Florence, for example, became a second Athens. The cities themselves were, in a very exact sense, fragments of the old Empire.The influence which these reminders of a glorious past exerted upon sensitive souls is well illustrated by the biographies of such men as Boccaccio and Petrarch. Petrarch is best known to most as the writer of Italian sonnets, but his significance for general history is due almost wholly to his relation to the revival of classic learning in Italy. Petrarch was the first and greatest representative of the humanistic phase of the Italian Renaissance. He was the first scholar of the mediaeval time who fully realized and appreciated the supreme excellence and beauty of the classical literature and its value as a means of culture. Boccaccio did much to spread and to deepen the enthusiasm for antiquity that Petrarch had awakened. He industriously collected and copied ancient manuscripts and thus greatly promoted classical scholarship in Italy..

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In your opinion, what are the biggest challenges facing MNC Solution MNC or Multinational Corporations operate in more than one country and deliver its products or services worldwide. As these corporations operate in beyond a particular geography, they gets affected by challenges i.e. economic, political, technological and various social challenges that exists in countries they operate. The main challenge that the MNCs are facing in todays world is Political/regualtory in nature. A changing regulatory environment is always a concern for the business. With change in regulatory environment, the businesses need to reallign their operations and doing so can increase the cost to the business. The regulatory framework of any country remains constant when there is political stability. With change in government in any country, the policy frame work also changes, affecting the regulatory framework. In todays world due to the political instability in various corner of the world and the econmic downturn associated with it, is affecting the businesses to operate in a stable environment. Another major challenge could be economic challenge. Any company able to prosper when the country, they are doing business in, is economically sound and stable. With global depression spreading over various countries, some even adding upto the defaulter list, the challenges for MNCs to sell their product and services to gain profits are decreasing. As the global economical condition is detoriating, the disposable income in hands of consumers are decreasing, inturn decreasing the demand for product or services required. Hence, decreasind the profit margin for MNCs..

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In what area does internal control allow only one person responsible? Solution 1. Establishment of Responsibility: An essential characteristic of internal control is the assignment of responsibility to specific individuals. a. Control is most effective when only one person is responsible for a given task. b. Establishing responsibility includes the authorization and approval of transactions. 2. Segregation of Duties: Segregation of duties is indispensable in a system of internal control. a. The rationale for segregation of duties is that the work of one employee should, without a duplication of effort, provide a reliable basis for evaluating the work of another employee. i. There are two common applications of this principle: 1. The responsibility for related activities should be assigned to different individuals. 2. The responsibility for record keeping for an asset should be separate from the physical custody of an asset..

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In today Solution n the past it had been the common conception that businesses fundamentally rely upon, and in turn effect their economic capital, which is represented in the form of stockholders. The rise to prominence of stakeholders (through studies and reports) has allowed firms to realise that there are people and infrastructure beyond the company which are necessary to it and who must have their interests protected. An organisation\'s stakeholders are all parties who can reasonably be understood to be affected by its decisions. They can be deemed to represent the businesses\' social and environmental capital as well as economic. Stakeholders can be of very different and varied guises and also harbour conflicting interests. In the main they can be categorised into three major groups: Internal, Connected and External Stakeholders. Internal stakeholders include managers and employees and are those that are situated within the company and affect the.

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In this task, I want you to verify that the phase response of Fourier transform is much more important than the magnitude response in case of images 1- Upload two images into Matlab of the same size. 2- Find the Fourier transform of these two images. (the function that you need to use is “y=fft2(im)” 3- Reconstruct the images using their corresponding Fourier transforms and verify that the Fourier transformation is perfectly invertable. (The function that you need to use is ifft2(y). 4- The Fourier transforms of the images are complex numbers, so you need to find their magnitude and phase. (The functions that you need to use are “abs(y)” for magnitude and “unwrap(angle(y))” for phase.). 5- Use the magnitude response of image 1 and the phase response of image 2 and reconstruct the image applying inverse Fourier transform. (The function that you need to use is ifft2(rcos+jrsin ), where r is the magnitude and is the phase). 6- Use the magnitude response of image 2 and the phase response of image 1 and reconstruct the image applying inverse Fourier transform. 7- Comment on the results. Solution Fourier transform :- The Fourier transform decomposes a function of time (a signal) into the frequencies that make it up, similarly to how a musical chord can be expressed as the amplitude (or loudness) of its constituent notes. The Fourier transform of a function of time itself is a complex-valued function of frequency, whose absolute value represents the amount of that frequency present in the original function, and whose complex argument is the phase offset of the basic sinusoid in that frequency. The Fourier transform is called the frequency domain representation of the original signal. The term Fourier transform refers to both the frequency domain representation and the mathematical operation that associates the frequency domain representation to a function of time. The Fourier transform is not limited to functions of time, but in order to have a unified language, the domain of the original function is commonly referred to as the time domain. For many functions of practical interest one can define an operation that reverses this: the inverse Fourier transformation, also called Fourier synthesis, of a frequency domain representation combines the contributions of all the different frequencies to recover the original function of time. Linear operations performed in one domain (time or frequency) have corresponding operations in the other domain, which are sometimes easier to perform. The operation of differentiation in the time domain corresponds to multiplication by the frequency,[note 1] so some differential equations are easier to analyze in the frequency domain. Also, convolution in the time domain corresponds to ordinary multiplication in the frequency domain. Concretely, this means that any linear time-invariant system, such as a filter applied to a signal, can be expressed relatively simply as an operation on frequencies.[note 2] After performing .

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