true or false: if elasticity of demand is greater than 1 then the percentage change in sales is greater than the percentage change in pricegroup of answer choicestruefalse

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Answer 1

True. When the elasticity of demand is greater than 1, it indicates an elastic demand. In this case, the percentage change in sales will be greater than the percentage change in price.

Elasticity of demand measures the responsiveness of quantity demanded to a change in price. When the elasticity of demand is greater than 1, it signifies an elastic demand, meaning that the quantity demanded is highly responsive to changes in price.

In such a scenario, a small percentage change in price will lead to a proportionally larger percentage change in quantity demanded. This implies that when the price increases, the quantity demanded decreases significantly, and when the price decreases, the quantity demanded increases significantly.

For example, if the elasticity of demand is 1.5, a 10% increase in price might lead to a 15% decrease in quantity demanded. Similarly, a 10% decrease in price could result in a 15% increase in quantity demanded.

Therefore, when the elasticity of demand is greater than 1, the percentage change in sales will be greater than the percentage change in price. This is because the demand is highly responsive to price fluctuations, resulting in more substantial changes in quantity demanded compared to the changes in price.

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Related Questions

It seeks to understand social relationships, flows of information and dynamics involving network interactions among multiple entities. Basic statistical analysis and modeling. Visualization. Artificial intelligence and machine leaming: Network analysis.

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The term that seeks to understand social relationships, flows of information and dynamics involving network interactions among multiple entities is Network analysis.

Network analysis is a set of techniques that assist in dissecting social interactions. Network analysis is primarily concerned with understanding the relationship that exists between social entities and their corresponding flows of information. Basic statistical analysis and modeling, visualization, artificial intelligence, and machine learning are commonly used in network analysis.

Network analysis is a mathematical technique that is used to map out the relationships that exist between social entities and their interactions. It is a valuable tool that assists in dissecting social interactions and comprehending how the activities of one entity influence another. Network analysis primarily uses graphical methods to comprehend the relationships and interactions that occur within a particular network.Network analysis is a critical aspect of scientific research since it helps in describing the relationship that exists between two or more social entities. It also enables researchers to understand the nature of relationships that exist among social entities and their corresponding flows of information. In essence, network analysis plays a crucial role in understanding the complexity of social relationships, including the patterns and dynamics that exist within them.Basic Statistical Analysis and Modeling in Network Analysis Basic statistical analysis and modeling are an essential part of network analysis. It enables researchers to understand the fundamental characteristics of the social relationships that exist within a particular network. One of the most common statistical models used in network analysis is the Exponential Random Graph Model. This model helps researchers to understand the probability of a particular connection existing within a network. Visualization in Network Analysis.

Visualization plays a crucial role in network analysis since it helps in comprehending the nature of relationships that exist between social entities. It also helps in understanding the dynamics that occur within a particular network. Network analysis commonly uses graphical representations to comprehend the structure and relationships that exist within a particular network.Artificial Intelligence and Machine Learning in Network AnalysisArtificial intelligence and machine learning are critical components of network analysis. These technologies assist researchers in understanding the patterns and dynamics that exist within social relationships. They also enable researchers to predict the future behavior of social entities, which is crucial in policymaking. In essence, network analysis is a valuable tool that assists in understanding social relationships, flows of information and dynamics involving network interactions among multiple entities.

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One of the problems of using the CPI is that it Multiple Choice a. has difficulty adjusting for the improved quality of products in the market basket. b. only includes the prices of goods purchased by businesses.
c. adjusts for the introduction of new products too quickly. d. All of these choices are correct.

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One of the problems of using the CPI is that it has difficulty adjusting for the improved quality of products in the market basket. The correct option is (a).

It is important to note that the CPI measures the price level of a fixed basket of goods and services bought by consumers over time. The CPI is calculated as the weighted average of prices for a fixed basket of goods and services from different categories, such as food, housing, transportation, and medical care.

A basket of goods and services used in the CPI is representative of consumption patterns in the country; that is, it represents what people buy in different areas of the country and at different income levels.

The CPI is a crucial measure used by policymakers to monitor price trends in the economy, determine changes in the level of wages, and determine the size of cost-of-living adjustments (COLAs) made to many contracts and social welfare programs.

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owens corning expectsto grow at a contant rate of 4% as long as its
in business. it just paid a $4 dividend and its current stock is
$50. what is its vist of retsinex earnings?

Answers

The growth of retsinex earnings of Owens Corning is 8.32%.

Given Data

Owens Corning's expected growth rate = 4%

Owens Corning's current stock = $50

Dividend paid by Owens Corning = $4

To calculate the dividend growth rate of Owens Corning, we need to use the dividend discount model which is given as follows:

P_{0}=\frac{D_{1}}{(1+r-g)}

Where P0 is the price of the stock at time 0,

D1 is the dividend expected to be paid at the end of year 1,

r is the discount rate, and g is the growth rate of the dividend.

The dividend expected to be paid in one year is:$D_1$ = $D_0$(1 + g)where D0 is the dividend just paid

We have D0 = $4 and g = 4% = 0.04 and the current stock price is $50.

Substituting these values in the formula, we get the price of the stock at time 0:

P_{0}=\frac{4(1+0.04)}{(1+r-0.04)}=50

Solving this equation for r, we get: r = 8.93%.

Thus, the required rate of return or the discount rate of Owens Corning is 8.93%.

The expected dividend in the next year would be $4.16.

Therefore, its expected return is 8.32%.

Therefore, Owens Corning's price to earnings ratio is 11.98 times and it's dividend yield is 8.32%.

Hence, the growth of retsinex earnings of Owens Corning is 8.32%.

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Crabshack restaurant borrowed $200,000 from Wells Fargo on January 1 2021, and in obtaining the 10 year loan, signed an agreement giving a security interest in all of its "present inventory and any thereafter acquired" to secure the loan. On January 3 2021, Wells Fargo filed a financing statement with the NC Secretary of State.
Crabshack restaurant borrowed $125,000 from America Bank on January 2 2021, and in obtaining the five year loan, signed an agreement giving a security interest in all of its "present inventory and any thereafter acquired" to secure the loan. On January 2 2021, America Bank filed a financing statement with the NC Secretary of State.
On July 1 2021 during the peak summer season, Crabshack purchased $100,000 of seafood from Seafood Galore Company. Seafood Galore Company financed the seafood purchase on terms that gave Crabshack 90 days to pay Seafood Galore in full for the Seafood Galore purchase. On July 2 2021 Seafood Galore filed a financing statement with the NC Secretary of State and on that day also faxed a copy of the financing statement to Wells Fargo and America Bank that explained that Seafood Galore was taking a security interest in the $100,000 of seafood that it sold to Crabshack. On July 5 2021 the Seafood Galore purchase was delivered to Crabshack.
The summer did not go well, and on October 15 2021 Crabshack notified all of the creditors that it would not be making any more payments because it was going out of business effective immediately. At the time that it goes out of business, Crabshack has $180,000 of inventory, $30,000 of which is the Seafood Galore purchase.
Question Part 1: Explain the UCC rule that applies in this scenario
Question Part 2: Applying the rule that you stated in Part 1, explain which of the creditors is entitled to receive any/and or all of the remaining inventory. For each creditor state the amount that it is entitled to receive, if any, and explain why.

Answers

Part 1: According to the Uniform Commercial Code (UCC) Article 9, the rule of priority for security interests in collateral is the first to file or perfect the interest will have priority over any subsequently filed interests.

Part 2: According to the given information, there are three creditors: Wells Fargo, America Bank, and Seafood Galore. Here's a breakdown of which creditor is entitled to receive any/and or all of the remaining inventory, if any:

Wells Fargo Wells Fargo filed their financing statement first, which means they have a priority claim over America Bank and Seafood Galore. Therefore, Wells Fargo is entitled to receive the full $180,000 of inventory because their security interest covers "all of its present inventory and any thereafter acquired."

America BankAmerica Bank filed their financing statement after Wells Fargo, so they have a second priority claim. However, since there is only $180,000 worth of inventory, and Wells Fargo is entitled to receive the full amount, America Bank will receive nothing.

Seafood Galore Seafood Galore filed their financing statement after both Wells Fargo and America Bank, which means they have the lowest priority claim. Seafood Galore is entitled to receive $30,000 of the remaining inventory because they have a security interest in the $100,000 of seafood purchased by Crab shack.

However, since Wells Fargo is entitled to receive the full $180,000 of inventory, there is nothing left for Seafood Galore. Therefore, Seafood Galore will receive nothing.

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Briefly outline the Volkswagen emission scandal and discuss whether finance and corporate sustainability are compatible. Is there a difference between ethical issues and sustainability? Aside from corporate greed, what other factors may lead to falsifying emissions tests. Even though companies or businesses are meant to make profits from the sales of their products or services, some even end up engaging in unethical practices to make profits. Some companies break the law in the quest to make profits. Volkswagen is one company that has faced charges several times for violation of environmental protection laws. In 2019, the company was charged by Canada for importing vehicles that violated the country's emission standards. The Environment and Climate Change Canada revealed that the company had imported more than 120,000 vehicles that did not meet vehicle emission standards (Embensadoun,2019). The company had been eager to make profits which made them violate the environmental laws. Seemingly, the company has been involved in many emission scandals. The German authorities had also fined the company in yet another emission scandal. These charges were after prosecutors concluded that the company's engine development department was ineffective and had fitted more than 10 million Seemingly, the company has been involved in many emission scandals. The German authorities had also fined the company in yet another emission scandal. These charges were after prosecutors concluded that the company's engine development department was ineffective and had fitted more than 10 million diesel engine vehicles with software that illegally controlled emissions and sold them worldwide. The company's environmental violation issues began as early as 2015. There were investigations in Canada concerning some of its car models fitted with software that reduced the emission control system's effectiveness while driving. The United States had also fined the company $20 million in the same scandal. It had also admitted to fitting 11 million of its cars with software that deceived the emission-testing equipment that the cars' emissions were within the set standards. However, the cars' emissions were more harmful to the environment as they emitted more than 40 times the amount of hazardous nitrogen allowable into the atmosphere(Embensadoun,2019). From all the information, it is clear that Volkswagen is one of those companies that can do anything in the quest to make a profit. There is a difference between ethical issues and sustainability. Ethical issues are related to generally doing what a business or firm believes is right. In contrast, sustainability is doing what is right and protected by law and would affect the company or the people in the years to come. According to Mckenna (2015), some other factors that may have led to Volkswagen falsifying emission tests are pressure to satisfy their executives and the set standards. However, the cars emissions were Witnin the set standards. However, the cars' emissions were more harmful to the mitrogen allowable more than 40 times the amous nitrogen allowable into the atmosphere(Embensadoun,2019). From all the information, it is clear that Volkswagen is one of those companies that can do anything in the quest to make a profit. There is a difference between ethical issues and sustainability. Ethical issues are related to generally doing what a business or firm believes is right. In contrast, sustainability is doing what is right and protected by law and would affect the company or the people in the years to come. According to Mckenna (2015), some other factors that may have led to Volkswagen falsifying emission tests are pressure to satisfy their executives and customers that the cars were good and boost market revenue and share.
Previous question

Answers

The Volkswagen emission scandal involved the company deliberately installing software in their diesel engine vehicles to manipulate emissions test results.

Regarding the compatibility of finance and corporate sustainability, there can be tension between short-term financial goals and long-term sustainability objectives. While companies aim to make profits, sustainable practices prioritize minimizing negative environmental and social impacts. However, adopting sustainable practices can also bring financial benefits in the long run, such as cost savings through energy efficiency and resource conservation, enhanced brand reputation, and increased customer loyalty.

Striking a balance between financial performance and sustainability requires a proactive approach, aligning business strategies with ethical principles and long-term sustainability goals.Ethical issues encompass broader moral considerations, while sustainability focuses on actions that maintain or improve the well-being of future generations while safeguarding the environment. Apart from corporate greed, other factors that may lead to falsifying emissions tests include competitive pressures to meet regulatory requirements, protect market share, and maintain a competitive edge.

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58 Anatomy and Physiology I MJB01 2 (Summer 2022) Graced potentiais Select one a cause repolaturation, 6. may be ether a depolariration or a hyperpolaruaticn. c. produce an etfect that increates with distance fromi khe poirt of stimulation d. produce an effect that spreads actively across the menharane surface. e. are often all-or-none. cient muchoice

Answers

Graded potentials are membrane depolarizations or hyperpolarizations that are smaller in magnitude than action potentials and that may be produced in dendrites and cell bodies by synaptic activity or other input. Option b is correct.

Graded potentials are the changes in electrical potentials (membrane potentials) that happen in response to a stimulus.

These graded potentials can be either depolarization or hyperpolarization of the neuron, where depolarization is the increase of the positive charge of the neuron or cell membrane making it more positive than the resting membrane potential while hyperpolarization is the increase of negative charge of the neuron making it more negative than the resting membrane potential.

Graded potentials tend to cause little change in membrane potential, and are often all-or-none. They produce an effect that spreads actively across the membrane surface and increase with distance from the point of stimulation. However, graded potentials do not cause repolarization.

Therefore, b is correct.

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Tax Types: Taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. Identify each of the following as a "direct tax," an "indirect tax," or something else:
Corporate income tax paid by a Japanese subsidiary on its operating income
Royalties paid to Saudi Arabia for oil extracted and shipped to world markets
Interest received by a U.S. parent on bank deposits held in London
Interest received by a U.S. parent on a loan to a subsidiary in Mexico
Principal repayment received by U.S. parent from Belgium on a loan to a wholly-owned subsidiary in Belgium
Excise tax paid on cigarettes manufactured and sold within the United States
Property taxes paid on the corporate headquarters building in Seattle
A direct contribution to the International Committee of the Red Cross for refugee relief
Deferred income tax, shown as a deduction on the U.S. parent’s consolidated income tax
Withholding taxes withheld by Germany on dividends paid to a United Kingdom parent corporation

Answers

Corporate income tax paid by a Japanese subsidiary on its operating income: Direct tax

Royalties paid to Saudi Arabia for oil extracted and shipped to world markets: Indirect tax

Interest received by a U.S. parent on bank deposits held in London: Something else (investment income)

Interest received by a U.S. parent on a loan to a subsidiary in Mexico: Something else (investment income)

Principal repayment received by U.S. parent from Belgium on a loan to a wholly-owned subsidiary in Belgium: Something else (loan repayment)

Excise tax paid on cigarettes manufactured and sold within the United States: Indirect tax

Property taxes paid on the corporate headquarters building in Seattle: Something else (property tax)

A direct contribution to the International Committee of the Red Cross for refugee relief: Something else (charitable contribution)

Deferred income tax, shown as a deduction on the U.S. parent’s consolidated income tax: Something else (accounting adjustment)

Withholding taxes withheld by Germany on dividends paid to a United Kingdom parent corporation: Indirect tax

1. Corporate income tax is a direct tax as it is applied directly to the operating income of a company.

2. Royalties paid for oil extraction are considered indirect taxes because they are based on a measurable performance characteristic of the firm (oil extraction).

3. Interest received on bank deposits is not considered a tax; it is classified as investment income.

4. Interest received on a loan is also not a tax but classified as investment income.

5. Principal repayment on a loan is not a tax; it is a loan repayment.

6. Excise tax on cigarettes is an indirect tax as it is levied on a measurable performance characteristic of the firm (manufacturing and sale of cigarettes).

7. Property taxes are not a tax on income; they are specific to the ownership of property.

8. A direct contribution to a charitable organization is not a tax; it is a voluntary contribution.

9. Deferred income tax is not a direct or indirect tax but rather an accounting adjustment for recognizing tax liabilities or benefits in a different accounting period.

10. Withholding taxes on dividends are indirect taxes as they are applied to the payment of dividends based on a measurable performance characteristic (dividend distribution).

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Pre-tax retirement fund contributions are usually subject to
__________ tax.
Multiple Choice
State withholding
Local withholding
FICA
Federal withholding

Answers

Pre-tax retirement fund contributions are typically subject to federal withholding tax. Option d is correct.

When individuals make contributions to a pre-tax retirement fund, such as a 401(k) or traditional IRA, the contributions are deducted from their taxable income for federal income tax purposes. This means that the contributions are not immediately taxed when they are made, resulting in a lower taxable income.

The federal withholding tax is a portion of an individual's income withheld by their employer on behalf of the federal government to cover their estimated federal income tax liability. The amount withheld is based on the employee's income, tax filing status, and the information provided on their W-4 form.

By deferring taxes on retirement contributions, individuals can potentially lower their current tax burden and allow their investments to grow tax-free until withdrawal during retirement. However, taxes on the contributions and any investment earnings are typically paid when withdrawals are made from the retirement account, at which point they may be subject to federal income tax.

It is important to note that while pre-tax retirement contributions are subject to federal withholding tax, they may still be subject to other taxes, such as state income tax or FICA (Federal Insurance Contributions Act) taxes for programs like Social Security and Medicare, depending on the jurisdiction and specific retirement plan regulations.

Option d is correct.

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Defend the following statement" The Ministry of Health and Social Services has implemented various strategies to combat STI, HIV and AIDS. Explain 5 Strategies implemented to combat STI, HIV and AIDS in Namibia. (10)

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The statement that says "The Ministry of Health and Social Services has implemented various strategies to combat STI, HIV and AIDS" is true. The Namibian government has implemented several strategies to combat STIs, HIV, and AIDS.

Here are 5 strategies that have been implemented to combat STI, HIV, and AIDS in Namibia:

1. HIV testing and counselling (HTC): The Namibian government has launched an HIV Testing and Counselling program that provides free testing to all Namibians. People who test positive for HIV are linked to care and support services, including antiretroviral therapy (ART).

2. HIV Prevention Programs: The Namibian government has implemented HIV prevention programs aimed at reducing the spread of HIV in the country. Programs include the provision of male and female condoms, HIV education, and behaviour change programs, and peer education initiatives.

3. Prevention of Mother to Child Transmission (PMTCT) Programs: The Namibian government has implemented PMTCT programs aimed at reducing the transmission of HIV from mother to child. The programs include the provision of antiretroviral treatment to pregnant women living with HIV, infant feeding counseling, and support services.

4. Treatment and Care Services: The Namibian government provides treatment and care services to people living with HIV and AIDS. The services include antiretroviral therapy (ART), tuberculosis (TB) screening and treatment, and other health services aimed at improving the health and wellbeing of people living with HIV and AIDS.

5. Social and Behavioural Change Communication (SBCC): The Namibian government has implemented SBCC programs aimed at promoting positive social and behavioural change towards HIV prevention and care. Programs include the provision of HIV education, behaviour change communication, and peer education initiatives.

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Taussig Technologies Corporation (TTC) has been growing at a rate of 12% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to gn = 8%. a. If Do = $2.70 and rs = 10%, what is TTC's stock worth today? Do not round Intermediate calculations. Round your answer to the nearest cent. $ What is its expected dividend yield at this time, that is, during Year 1? Do not round Intermediate calculations. Round your answer to two decimal places. % What is its capital gains yields at this time, that is, during Year 1? Do not round Intermediate calculations. Round your answer to two decimal places. % c. What will TTC's dividend and capital gains yields be once its period of supernormal growth ends? (Hint: These values will be the same regardless of whether you examine the case of 2 or 5 years of supernormal growth; the calculations are very easy.) Round your answers to two decimal places. Dividend yield: % Capital gains yield:

Answers

The stock's worth today can be calculated using the Dividend Discount Model (DDM). The formula is as follows:

Stock worth today = D₁ / (rs - gn)

Where D₁ is the dividend expected in Year 1, rs is the required rate of return, and gn is the constant growth rate. In this case, D₁ is $2.70 × (1 + 0.12) = $3.024.

Substituting the values into the formula, we get:

Stock worth today = $3.024 / (0.10 - 0.12) = -$151.20

Since a negative value doesn't make sense in this context, there might be an error in the provided values or calculations.

The expected dividend yield can be calculated by dividing the expected dividend in Year 1 (D₁) by the stock price today.

Dividend yield = D₁ / Stock worth today × 100

Using the previously calculated values, the dividend yield would be:

Dividend yield = $3.024 / -$151.20 × 100 ≈ -2.00%

Again, a negative dividend yield is unusual and might indicate an error in the given information or calculations.

Once the period of supernormal growth ends, the dividend and capital gains yields become equal. This is because the constant growth rate (gn) remains constant, leading to a stable dividend growth model. However, without the specific value of gn after the supernormal growth period, it is not possible to calculate the exact values for dividend and capital gains yields.

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An investor divides her portfolio into thirds, with one part in Treasury bills, one part in a market index, and one part in a diversified portfolio with beta of 1.50. What is the beta of the investor's overall portfolio?
a) 1.17
b) 1.25
c) 0.83
d) 1.00

Answers

The beta of the investor's overall portfolio would be 1.17. So, the correct option is c) 0.83.

Given: An investor divides her portfolio into thirds, with one part in Treasury bills, one part in a market index, and one part in a diversified portfolio with beta of 1.50. We are to determine the beta of the investor's overall portfolio.

Beta of Treasury bills is 0. Beta of the market index is 1. The beta of the diversified portfolio with beta of 1.50 would be: Beta of diversified portfolio = 1.50.

Fraction of portfolio in Treasury bills = 1/3. Fraction of portfolio in market index = 1/3. Fraction of portfolio in diversified portfolio = 1/3. Therefore, the beta of the overall portfolio would be: Beta of overall portfolio = (0 × 1/3) + (1 × 1/3) + (1.50 × 1/3)= 0 + 0.33 + 0.50= 0.83.

Therefore, the beta of the investor's overall portfolio would be 0.83. Therefore, the correct option for the given question is option c) 0.83.

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What were the sources of separatism Quebec? Discuss the
different viewpoints in support of or against separatism
please write an essay with Introduction , body paragraphs and
conclusion with thesis

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Introduction Quebec separatism was a political movement of Quebecers to achieve sovereignty, i.e., to separate from Canada and become a country in its own right. The sources of separatism in Quebec can be traced back to the history of Quebec itself.

This essay aims to discuss the sources of separatism Quebec and the different viewpoints in support of or against separatism. Body Paragraphs Quebec separatism found its roots in Quebec's history, particularly the British conquest of 1759 and the adoption of the British Common Law in 1774, which marginalized the French language and culture. Another significant source of separatism is the Quebec Act of 1774, which officially recognized the French language and Catholic religion in the province, which then became an essential aspect of Quebec's identity. Later, in the 1960s, Quebec was undergoing social and economic changes, and this led to a revitalization of the separatist movement. René Lévesque's Parti Québécois (PQ), a political party advocating for Quebec's separation from Canada, was created in 1968, with the party winning the 1976 provincial elections and implementing a program aimed at making Quebec a sovereign state with the support of a referendum. However, the referendum failed, and this led to the decline of the separatist movement. The movement resurfaced in the 1990s, culminating in the Quebec independence referendum of 1995, where the vote was 50.6% against and 49.4% in favor of separation.

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During the depression era of the 1930s, the emphasis
of managerial finance was developing sophisticated analytical
models used to determine the liquidity and value of firms. true or
false

Answers

False. During the 1930s depression era, the emphasis of managerial finance was on survival and addressing liquidity issues, rather than developing sophisticated analytical models for determining firm value

During the depression era of the 1930s, the emphasis of managerial finance was not primarily on developing sophisticated analytical models used to determine the liquidity and value of firms. Instead, the focus was more on survival and navigating the challenges of the economic crisis. Companies faced severe financial distress, and the priority for managers was to address liquidity issues, cost reduction, and manage cash flow. The emphasis during the Great Depression shifted towards short-term financial management and operational efficiency rather than the development of sophisticated analytical models. Companies focused on strategies like cost-cutting, restructuring, and managing working capital to ensure their survival.

It was not until later decades, particularly in the post-World War II period, that significant advancements in financial modeling and analytical techniques emerged, leading to the development of sophisticated tools for analyzing firm liquidity, valuation, and financial decision-making.

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All of the following are possible self-serving (managerial) motives for diversification except a. risk reducion b. empire building c. compensation d. shareholder value

Answers

The answer to the question is Shareholder value is not a possible self-serving (managerial) motive for diversification.

D.

Diversification refers to the entry into new and unrelated businesses with the goal of generating higher returns by capitalizing on opportunities and/or by spreading risk over a wider range of activities. Here are the possible self-serving (managerial) motives for diversification:

Risk reduction Risk reduction is one of the possible self-serving motives for diversification. Risk can be mitigated by the way firms diversify. By spreading investments across multiple sectors, businesses may decrease their overall risk profile, as gains in one area can offset losses in another.

Diversification helps businesses avoid becoming overly reliant on a single income stream, reducing risk and increasing resilience.Empire buildingEmpire building is a possible self-serving motive for diversification. Managers often seek to expand their business empires to boost their egos and gain power.

By extending their authority and increasing their control over more firms, they may be able to enhance their personal standing, thus satisfying their egos.CompensationCompensation is also a possible self-serving motive for diversification. Diversification has the potential to enhance the value of a manager's portfolio, which often includes significant stakes in the business.

By taking advantage of this portfolio, managers may be able to increase their personal wealth through diversification.Shareholder valueShareholder value is another possible self-serving motive for diversification. Shareholders usually view diversification favorably, and businesses may seek to please shareholders in order to boost stock prices. Managers may seek to diversify a company in order to increase shareholder value.All of these are possible self-serving (managerial) motives for diversification.

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Which ranking process makes it easier to identify the
extremes ? Multiple Choice a) Straight ranking b) Paired comparison
ranking c) Alternation ranking d) Performance ranking e)
Behaviourally anchore

Answers

The ranking process that makes it easier to identify the extremes is paired comparison ranking.

In paired comparison ranking, items are compared to each other in pairs, and a judgment is made to determine which item is preferred or of higher rank. By systematically comparing items in pairs, it becomes easier to identify the best and worst options, as well as the relative rankings of the other items. This ranking process involves categorizing employees into predetermined performance groups based on a predetermined distribution curve. It helps identify extremes by ensuring a certain percentage of employees fall into specific categories, such as top performers, average performers, and underperformers.

This process assigns weights or importance factors to different criteria or attributes and ranks items based on their weighted scores. It allows for a more nuanced evaluation of items and helps identify the extremes by giving higher importance to specific criteria. In this process, employees rank each other based on their performance or other specified attributes. It can help identify the extremes by capturing insights from colleagues who work closely with each employee and have firsthand knowledge of their abilities.

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The next dividend payment by Savitz, Inc., will be $1.44 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $26 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

The expected return for Savitz, Inc.'s stock is 11.91% is the answer.

The current stock price of $26 per share and a 6% growth rate of the dividends are given for Savitz, Inc. Furthermore, the forthcoming dividend payment will be $1.44 per share. In this scenario, the expected return on the stock is calculated using the dividend discount model formula.

The equation for the dividend discount model is as follows: P = D1 / (r - g) where P is the current stock price, D1 is the upcoming dividend payment, r is the expected return, g is the dividend growth rate.

The calculation for the expected return on the stock is given as follows: r = D1 / P + g where D1 is the upcoming dividend payment, P is the current stock price, and g is the dividend growth rate.

Substituting the values, r = $1.44 / $26 + 0.06r = 0.1191 or 11.91%.

Therefore, the expected return for Savitz, Inc.'s stock is 11.91%.

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Which type of computer –based information systems in the organisation support the monitoring, collection, storage and process of data from the organisations basic business activities, each of which generates data?
Transaction processing system
Decision support system
Business intelligence system
Business analysis system

Answers

The type of computer-based information system in the organization that supports the monitoring, collection, storage, and processing of data from the organization's basic business activities, each of which generates data, is a Transaction processing system.

Transaction processing systems (TPS) are designed to handle the day-to-day operational activities of an organization. They capture, process, and store transactional data from various business activities such as sales, purchases, inventory management, and payroll. TPS ensures accurate and timely recording of transactions, maintains data integrity, and supports efficient business operations.

Transaction processing systems play a vital role in organizations by effectively managing and processing data generated from routine business activities. They provide a solid foundation for other information systems like decision support systems, business intelligence systems, and business analysis systems by serving as the primary source of data for analysis, reporting, and decision-making purposes. By efficiently handling transactional data, TPS contributes to the overall efficiency and effectiveness of an organization's operations.

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after finishing (Northouse) Adaptive Leadership Questionnaire and you range as a moderately high range which others find you moderately exhib yhis adaptive leadership behavior. how would you measure adaptive leadership assessing six components of the process

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To measure adaptive leadership and assess its six components, a comprehensive approach can be adopted. The six components of the adaptive leadership process are: (1) Assessing the situation, (2) Mobilizing others, (3) Taking action, (4) Learning from experience, (5) Building and sustaining trust, and (6) Adapting self.

To measure adaptive leadership, a combination of qualitative and quantitative methods can be used. Qualitative methods may include interviews, focus groups, and observations to gather rich and in-depth insights into how individuals exhibit adaptive leadership behaviors in different situations. These methods can help assess the leader's ability to assess the situation, mobilize others, take action, and learn from experience.

Quantitative methods, such as surveys and questionnaires, can be employed to gather data on the frequency and effectiveness of adaptive leadership behaviors. These measures can capture the leader's ability to build and sustain trust, adapt oneself, and demonstrate adaptive leadership consistently.

By using a mix of qualitative and quantitative approaches, a comprehensive assessment of adaptive leadership can be achieved, providing a holistic understanding of a leader's capabilities in navigating change, fostering innovation, and addressing complex challenges.

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c. Razak intends to take a loan to finance his business. He compares two options,
namely A and B. Option A is a simple interest promissory note which offers
8,000 for three months with a simple interest rate of 10 % per annum. Option B
offers 8,000 with a bank discount rate of 10 % for three months.
i. Compare the value of interest in option A with the bank discount amount in
option B.
(10 marks)
ii. Find the amount received by the borrower in each case.
(4 marks)
iii. Find the maturity value for each option.
(2 marks)
iv. Justify the better option for Razak.

Answers

Option A has a higher value of interest compared to the bank discount amount in Option B.

In Option A, the interest is calculated using a simple interest rate of 10% per annum. The principal amount is $8,000, and the loan tenure is three months. Using the formula for simple interest, we can calculate the interest as follows:

Interest = (Principal x Rate x Time) / 100

= (8,000 x 10 x 3/12) / 100

= $200

On the other hand, in Option B, the bank offers a discount rate of 10% for three months. The borrower receives the discounted amount, which is the loan amount minus the bank's discount. The bank's discount can be calculated as follows:

Discount = (Principal x Rate x Time) / (1 + Rate x Time)

= (8,000 x 10 x 3/12) / (1 + 10 x 3/12)

= $200

Therefore, both Option A and Option B have the same value for the interest or bank discount amount, which is $200.

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Q1. What is systems engineering and how has Elon Musk applied systems engineering to cut costs and increase profits? Are Musk's innovations subject to competition, copycats, and creative destruction?

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Systems Engineering: Systems engineering is an interdisciplinary approach to design, analyze, and manage complex systems. It involves considering the entire system's life cycle, encompassing its components, interactions, processes, and goals.

Elon Musk's Application of Systems Engineering: Elon Musk has effectively applied systems engineering principles across various industries, particularly in the fields of electric vehicles, space exploration, and renewable energy. Here are a few examples: a. Tesla: Musk's electric vehicle company, Tesla, focuses on integrating various subsystems (battery technology, electric motors, software) into a cohesive and efficient vehicle system.b. SpaceX: In the aerospace industry, Musk's company SpaceX has revolutionized space launch systems by designing and manufacturing reusable rockets. This approach requires careful consideration of the entire launch system, including materials, propulsion, and recovery mechanisms.

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Differentiate between the industrial engineering method and the conference method of Cost Estimation.

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Two methods for cost estimation are the conference technique and the industrial engineering method: The industrial engineering method entails analyzing and calculating the costs of each component of a good or service.

Measuring and assessing the resources needed for production sometimes involve the use of industrial engineering techniques like time and motion studies. sometimes referred to as expert judgement, bases cost estimates on the pooled wisdom and expertise of subject-matter experts or business professionals. Bringing together a group of professionals who discuss and offer projections based on their knowledge and discretion. Compared to the industrial engineering technique, the conference method is quicker and requires fewer data, but it may be more subjective and reliant on the accuracy and competence of the participants.

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Korean Airlines (KAL) has just signed a contract with Boeing to purchase two new 747-400's fora total of $60,000,000, with payment in two equal tranches. The first tranche of $30,000,000 hasjust been paid. The next $30,000,000 is due three months from today. KAL currently has excesscash of 25,000,000,000 won in a Seoul bank, and it is from these funds that KAL plans to makeits next payment.
The current spot rate is won 800/$, and permission has been obtained for a forward rate (90days), won 794/$. The 90 day Eurodollar interest rate is 6.000%, while the 90 day Korean wondeposit rate (there is no Euro-won rate) is 5.000%. KAL can borrow in Korea at 6.250%, and canprobably borrow in the U.S. dollar market at 9.375%.
A three-month call option on dollars in the over-the-counter market, for a strike price of won790/$ sells at a premium of 2.9%, payable at the time the option is purchased. A 90 day putoption on dollars, also at a strike price of won 790/$, sells at a premium of 1.9% (assuming a12% volatility). KAL's foreign exchange advisory service forecasts the spot rate in three monthsto be won792/$.
How should KAL plan to make the payment to Boeing if KAL's goal is to maximize the amountof won cash left in the bank at the end of the three-month period? Make a recommendation anddefend it.
can you help me with this? need more cauculation details

Answers

KAL should pay the next $30,000,000 with the forward contract at a cost of Won 23,820,000,000.

To maximize the amount of won cash left in the bank at the end of the three-month period, KAL needs to choose the option with the lowest cost of payment in won.

First, we need to calculate the cost of the forward contract and the cost of borrowing in Korea.

Cost of Forward Contract:

- Forward rate: Won 794/$

- Amount to be paid: $30,000,000

- Cost in Won: Won 23,820,000,000

Cost of Borrowing in Korea:

- Interest rate: 6.250%

- Amount to be borrowed: $30,000,000

- Time period: 3 months

- Cost in Won: Won 23,771,250,000

Next, we need to calculate the cost of purchasing call options and put options.

Cost of Call Option:

- Strike price: Won 790/$

- Premium: 2.9%

- Amount to be paid: $30,000,000

- Premium in Won: Won 706,440,000

Cost of Put Option:

- Strike price: Won 790/$

- Premium: 1.9%

- Amount to be paid: $30,000,000

- Premium in Won: Won 450,960,000

Since the forward contract has the lowest cost of payment in won, KAL should plan to make the payment to Boeing using the forward contract.

Therefore, KAL should pay the next $30,000,000 with the forward contract at a cost of Won 23,820,000,000..

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An accumulated depreciation line item on your balance sheet shows how much of the asset has been: A) Used up B) Acquired C) Written-off D) None of the above E) All of the above

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The accumulated depreciation line item on a balance sheet is an account that is used to reflect the decrease in the value of an asset that has been used for a long time. This account shows how much of the asset has been used up. The correct answer to the question is Used up.option (A)

Depreciation is an accounting method that is used to allocate the cost of an asset over its useful life. This method is used to spread the cost of the asset over its expected useful life. The depreciation expense is recorded on the income statement while the accumulated depreciation is recorded on the balance sheet. Depreciation is calculated by subtracting the salvage value of the asset from its cost and then dividing the difference by the number of years of its useful life.

The resulting amount is the amount of depreciation that is charged to the income statement each year.The accumulated depreciation account is a contra asset account that is used to reduce the value of the asset on the balance sheet. The balance of the accumulated depreciation account is the total amount of depreciation that has been charged to the income statement over the years that the asset has been in use. This account shows how much of the asset has been used up.option (A)

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Question 2 Describe TWO (2) effects of the Internet on Samsung's Electronics business activities. (5 Marks) Question 3 Puan Melinda is the CEO of a company that is contemplating making a 300-million-d

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The Internet has had significant effects on Samsung's Electronics business activities. Here are two effects:

1. Global Market Reach: The Internet has provided Samsung Electronics with a global platform to market and sell its products. Through online channels, Samsung can reach customers worldwide, expanding its market reach beyond traditional geographical boundaries. The company can establish online stores, partner with e-commerce platforms, and leverage digital marketing strategies to promote its products and engage with customers on a global scale. This has enabled Samsung to tap into new markets, increase brand visibility, and drive sales growth.

2. Enhanced Customer Engagement: The Internet has transformed the way Samsung interacts with its customers. Through various online platforms, including social media, forums, and customer review websites, Samsung can directly engage with consumers, receive feedback, and address their concerns. This direct interaction allows Samsung to understand customer preferences, gather market insights, and improve its product offerings and customer service. Additionally, the Internet enables Samsung to provide online support, product information, and post-sales services, enhancing the overall customer experience and building customer loyalty.

These effects of the Internet on Samsung's Electronics business activities have contributed to the company's success by expanding its market presence and enabling direct customer engagement. By harnessing the power of the Internet, Samsung has been able to adapt to the digital landscape and leverage online opportunities to drive growth and maintain a competitive edge in the industry.

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Question 2: Effects of the Internet on Samsung's Electronics business activities:

- Global reach and market expansion

- Enhanced communication and customer engagement

Question 3: Puan Melinda's company contemplating a 300-million-dollar investment:

- Thorough analysis and alignment with long-term goals are crucial for the investment decision.

Question 2: Effects of the Internet on Samsung's Electronics business activities:

1. Global Reach and Market Expansion: The Internet has significantly impacted Samsung Electronics' business activities by providing them with a global reach and expanding their market presence. With the Internet, Samsung can easily connect with customers and businesses worldwide, enabling them to sell their products and services in various markets without the need for physical stores in every location. This has allowed Samsung to tap into new customer bases and increase their overall market share. The Internet has also facilitated efficient distribution channels, enabling Samsung to reach customers in remote areas, further expanding their reach and accessibility.

2. Enhanced Communication and Customer Engagement: The Internet has revolutionized communication channels for Samsung Electronics. Through their online platforms, including websites, social media, and online communities, Samsung can directly engage with their customers, gather feedback, and address queries or concerns promptly. This direct interaction fosters stronger customer relationships and builds brand loyalty. Moreover, the Internet enables Samsung to gather customer data, analyze consumer behavior, and gain valuable insights into market trends, preferences, and demands. This information helps Samsung tailor their products and services to meet customer expectations more effectively, ultimately boosting customer satisfaction and driving business growth.

Question 3: Puan Melinda's company contemplating a 300-million-dollar investment:

Puan Melinda, as the CEO of the company, is faced with a significant decision regarding a 300-million-dollar investment. The investment decision must be carefully evaluated to ensure its viability and potential returns. In 200 words, I will outline some key considerations for Puan Melinda to assess before making the investment.

Firstly, Puan Melinda should conduct a thorough feasibility study and financial analysis of the investment opportunity. This analysis should include an evaluation of the market potential, competition, and potential risks associated with the investment. By assessing these factors, Puan Melinda can determine the likelihood of achieving positive returns on the investment.

Furthermore, Puan Melinda should consider the alignment of the investment with the company's long-term goals and strategic objectives. It is important to assess whether the investment contributes to the company's growth, diversification, or expansion plans. The investment should also be evaluated in terms of its potential impact on the company's competitive advantage and market positioning.

Additionally, Puan Melinda should carefully assess the financial implications of the investment. This includes evaluating the projected cash flows, return on investment, payback period, and the overall financial sustainability of the venture. It is crucial to ensure that the investment aligns with the company's financial capacity and risk tolerance.

Moreover, Puan Melinda should consider conducting due diligence, including legal and regulatory compliance, as well as environmental and social impacts associated with the investment. This will help mitigate any potential legal or reputational risks that may arise from the investment.

Overall, Puan Melinda should approach the decision-making process with a comprehensive understanding of the investment opportunity and its potential impact on the company's strategic objectives, financial performance, and risk profile. By conducting a diligent analysis and assessment, Puan Melinda can make an informed decision regarding the 300-million-dollar investment.

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The following is an excerpt from a NYT article. How would you respond to the question highlighted in the second to last paragraph from our class? Write around two paragraphs. Use relevant class material, avoid fluff.
"Cynthia Liu is precisely the kind of high achiever Yale wants: smart (1510 SAT), disciplined (4.0 grade point average), competitive (finalist in Texas oratory competition), musical (pianist), athletic (runner) and altruistic (hospital volunteer). And at the start of her sophomore year at Yale, Ms. Liu is full of ambition, planning to go to law school.
So will she join the long tradition of famous Ivy League graduates? Not likely. By the time she is 30, this accomplished 19-year-old expects to be a stay-at-home mom.
Much attention has been focused on career women who leave the work force to rear children. What seems to be changing is that while many women in college two or three decades ago expected to have full-time careers, their daughters, while still in college, say they have already decided to suspend or end their careers when they have children.
"At the height of the women's movement and shortly thereafter, women were much more firm in their expectation that they could somehow combine full-time work with child rearing," said Cynthia E. Russett, a professor of American history who has taught at Yale since 1967. "The women today are, in effect, turning realistic."
While the changing attitudes are difficult to quantify, the shift emerges repeatedly in interviews with women Ivy League students. The interviews found that …roughly 60 percent, said that when they had children, they planned to cut back on work or stop working entirely. About half of those women said they planned to work part time, and about half wanted to stop work for at least a few years.
"It really does raise this question for all of us and for the country: when we work so hard to open academics and other opportunities for women, what kind of return do we expect to get for that?" said Marlyn McGrath Lewis, director of undergraduate admissions at Harvard, who served as dean for coeducation in the late 1970's and early 1980's.
It is a complicated issue and one that most schools have not addressed. The women they are counting on to lead society are likely to marry men who will make enough money to give them a real choice about whether to be full-time mothers, unlike those women who must work out of economic necessity."

Answers

The highlighted question in the second to last paragraph raises concerns about the return on investment in opening academic and career opportunities for women.

As more Ivy League women express their intentions to suspend or end their careers to become stay-at-home mothers, it challenges the notion of progress. While it may seem that women are turning realistic by acknowledging the challenges of combining full-time work with child-rearing, it also raises questions about the extent to which women's choices are influenced by societal expectations and traditional gender roles. The shift in attitudes reflects the complexities surrounding women's empowerment and the societal pressures they face. While it is important to respect individual choices, it is equally crucial to ensure that these choices are not shaped solely by external factors. Institutions must address these issues by promoting a more inclusive and supportive environment, offering resources and policies that accommodate women's aspirations for both career and family. Achieving true gender equality requires ongoing efforts to challenge traditional gender roles and create opportunities that empower women to make choices based on their own desires and aspirations.

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Define returns to scale. Why is this considered a long-run phenomenon?

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Returns to scale refer to the rate at which production output increases as a result of a proportional increase in all inputs. It pertains to the overall output growth rate in the long term, given the same proportion of increases in all production factors.

The concept of returns to scale is deemed to be a long-term phenomenon because it occurs when all production factors can be varied in the long run. In the short run, returns to scale may not occur because not all of the production factors are adjustable at the same time.

The long run can be defined as the duration required to modify all factors of production to the desired level. In other words, the long run is the duration in which no inputs are deemed fixed or unalterable. All elements of production, such as labor, capital, raw materials, and management, can be varied to the desired levels in the long term.

As a result, returns to scale are considered to be a long-run concept.

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Which of the following is NOT part of the IRS audit process?
A)
Discriminant Function System Program
B)
National Measurement Compliance Research Program
C)
Targeted Programs audit
D)
Correspondence au

Answers

The National Measurement Compliance Research Program (NRP) is not part of the IRS audit process. An audit is an official review of an organization's or individual's accounts or financial statements to ensure that they are accurate and compliant with tax laws and regulations. The correct option is B.

The IRS (Internal Revenue Service) audit process can take different forms depending on the type of audit being conducted. These can include correspondence audits, field audits, office audits, and more.The Discriminant Function System Program (DIF) is a statistical tool used by the IRS to identify tax returns that are more likely to have errors or inconsistencies. The system assigns each tax return a score based on factors such as deductions, exemptions, and credits, and then the returns with the highest scores are flagged for review.

The Targeted Programs audit is a type of audit that focuses on a specific area of concern, such as a particular industry or type of transaction. These audits are designed to identify common compliance issues and ensure that taxpayers are meeting their obligations under the tax code. A correspondence audit is conducted through the mail and is usually used for simple tax returns with minor issues that can be resolved through the mail.

The IRS will send a letter requesting additional information or documentation from the taxpayer, who can respond through mail or fax.While the National Measurement Compliance Research Program (NRP) may sound like an official program, it is not actually part of the IRS audit process. Instead, it was a short-lived research project that was conducted by the IRS to gather data on specific tax compliance issues. The correct option is B.

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Read: Edgar Allen Poe, "The Tell-Tale Heart" Use at least two quotes from the text to support your ideas. What does the ringing in the narrator's ears represent?

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In Edgar Allan Poe's "The Tell-Tale Heart," the ringing in the narrator's ears could represent his guilt. The narrator's guilty conscience may cause the ringing in his ears.

Two quotes from the text to support this idea are: "I talked more quickly - more vehemently; but the noise steadily increased. I arose and argued about trifles, in a high key and with violent gesticulations; but the noise steadily increased. Why would they not be gone? I paced the floor to and fro with heavy strides, as if excited to fury by the observations of the men - but the noise steadily increased."

"It was the beating of the old man's heart. It increased my fury, as the beating of a drum stimulates the soldier into courage."The narrator's guilt causes him to hear the old man's heart, and the sound drives him insane.

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Q1 (a) Engineering economy analysis plays an important role in many situations. Describe THREE (3) situations in manufacturing process planning that require for such analysis.

Answers

Engineering economy analysis is indeed crucial in various situations within manufacturing process planning.

Three situations where engineering economy analysis is necessary include equipment selection, process optimization, Capital investments.

   Equipment and Machinery Selection: When planning a manufacturing process, selecting the right equipment and machinery is vital. Engineering economy analysis helps in evaluating different options based on their costs, operational efficiencies, maintenance requirements, and expected lifespan. By comparing the initial investment, operating costs, and expected returns of various equipment choices, engineering economy analysis assists in making informed decisions about equipment selection.

   Process Optimization: Manufacturing processes often involve multiple steps and components. Engineering economy analysis aids in optimizing the process by assessing the costs associated with each step, identifying potential bottlenecks, and determining ways to streamline operations. This analysis helps in identifying areas for cost reduction, waste minimization, and overall process improvement, leading to enhanced efficiency and profitability.

   Capital Investment Decisions: Manufacturing process planning frequently involves significant capital investments, such as facility expansion, technology upgrades, or automation implementation. Engineering economy analysis assists in evaluating the financial viability of these investments. By considering factors like initial costs, expected returns, payback period, net present value (NPV), internal rate of return (IRR), and other financial metrics, this analysis helps in assessing the feasibility and profitability of capital investments, supporting sound decision-making.

In summary, engineering economy analysis is indispensable in manufacturing process planning for equipment selection, process optimization, and capital investment decisions. It enables businesses to make informed choices, enhance efficiency, control costs, and maximize returns on investment.

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Henry has an assignment from his boss at Czech Glass and Wood Sculpting to evaluate depreciation methods for writing off the \( \$ 198,000 \) first cost of a newly acquired Trotec \( \mathrm{CO}_{2} \

Answers

While the decision on the most appropriate depreciation method for the Trotec CO2 laser machine ultimately depends on the company's financial goals, the declining balance depreciation method may be a suitable option given the high-value of the asset.

The most appropriate depreciation method for writing off the first cost of a newly acquired Trotec CO2 laser machine at Czech Glass and Wood Sculpting would depend on the nature of the asset and the company's financial objectives. However, the straight-line depreciation method and the declining balance depreciation method are two commonly used methods that could be considered for this asset.

The straight-line depreciation method involves dividing the first cost of the asset by its useful life to calculate the annual depreciation expense. The declining balance depreciation method, on the other hand, allows for a higher depreciation expense in the early years of the asset's life, followed by a lower expense in the later years.

Considering that the Trotec CO2 laser machine is a high-value asset, it may be more appropriate to use the declining balance depreciation method. This would allow the company to allocate a higher proportion of the depreciation expense to the earlier years, when the asset is expected to generate a higher income.

In conclusion, while the decision on the most appropriate depreciation method for the Trotec CO2 laser machine ultimately depends on the company's financial goals, the declining balance depreciation method may be a suitable option given the high-value of the asset.

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(Topic: Portfolio Return) An investor expects a return of 14.5% on his portfolio with a beta of 1.13. If the expected market risk premium increases from 6.4% to 9.1%, what return should he now expect on the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) A derived trait...O is the same thing as an analogous trait.O shares characteristics with an ancestral trait, but has adapted differently among different species.O is something we develop in our lifetime and pass on to our childrenO All of these answers are true Round your answer to two (2) decimal places. Examples: If your answer is $24,500.4718, enter 24500.47 If your answer is $24,500.4753, enter 24500.48 If your answer is $24,500.00, enter 24500.00 If your answer is $24,500, enter 24500.00 If your answer is $0.4718, enter 0.47 If your answer is ZERO, enter 0.00 Never enter $ or , when inputting numerical answers If you are asked to input a letter or a word, be sure to spell it correctly and do not add additional spaces or punctuation. QUESTION: Eric Inc. has a chance to sell Leafs T-shirts to a new fan who wants to give them away. The customer has offered a price of $10.00 for each T-shirt and wants 3,000 T-shirts in total. The normal selling price is $18.00 each. Eric Inc. has enough capacity to fill the order. Unit information for the company's normal level of production is as follows: Fixed overhead will not be effected by this special order. Using the above information answer the following questions. Would operating income increase or decrease if the special order was accepted. 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