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gizmo_the_mogwai [7]
2 years ago
7

Suppose that during the most recent fiscal year, the an- nual revenue of Acme Computer was 138 billion dollars and its net profi

t was 8 billion dollars, the annual revenue of Nadir Software was 87 billion dollars and its net profit was 5 billion dollars, and the annual revenue of Quixote Media was 111 billion dollars and its net profit was 13 billion dollars. Determine the truth value of each of these propositions for the most recent fiscal year.
a) Quixote Media had the largest annual revenue.
b) Nadir Software had the lowest net profit and Acme Computer had the largest annual revenue.
c) AcmeComputerhadthelargestnetprofitorQuixote Media had the largest net profit.
d) If Quixote Media had the smallest net profit, then Acme Computer had the largest annual revenue.
e) Nadir Software had the smallest net profit if and only if Acme Computer had the largest annual revenue.
Business
1 answer:
Drupady [299]2 years ago
7 0

Answer:

a) False

b) True  

c) True

d) False

e) True

Explanation:

A– Acme computer has the largest annual revenue.

B– (x˄y) = If X = Y = 1 then 1; otherwise = 0. Both parts of equation are True, then the proposition is True.

C– (x˅y) = If X = Y = 0 then 0; otherwise = 1. The first part of the equation is False, and the second part is True, then the proposition is True.

D– (x→y) = If X = 1 and Y = 0, then (x→y) = 1. The first part of the equation is False, and the second part is True, then the proposition is False.

E- (x≡y) = If X = 0 and Y = 0, then (x≡y) = 0. Both parts of equation are True, then the proposition is True.

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The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment incl
Kisachek [45]

Answer:

Time Warner, Inc.

a.

                                     Turner      Home Box Office  Warner Bros.   Total

Segment Revenues

(in millions)                  $21,700            $22,200         $80,600      $124,500

Variable costs                 4,774                10,434           25,792           41,000

Contribution margin  $16,926               $11,766        $54,808        $83,500

Contribution ratio     78% (100 - 22)    53% (100 -47) 68% (100 -32)   67%

b. Certainly, Turnover and Warner Bros. are more profitable businesses than Home Box Office in terms of total contribution margin (dollars) and contribution margin ratio.

Explanation:

a) Data and Calculations:

Segment Revenues

(in millions)

Turner (cable networks and digital media) $21,700

Home Box Office (pay television) 22,200

Warner Bros. (films, television, and videos) 80,600

Assume that the variable costs as a percent of sales for each segment are as follows:

Turner 22%

Home Box Office 47%

Warner Bros. 32%

b) The contribution margin ratio for the three segments can easily be determined by subtracting the variable costs percentages from 100 for each segment instead of doing more computations (Contribution margin/Sales Revenue * 100).  But the results are the same for either method.

6 0
2 years ago
What is the name of the monopolist having a declining long-run average cost throughout the market?
balandron [24]
The appropriate response is a Natural monopoly, it is a sort of imposing a business model that exists thus of the high repaired expenses or begin expenses of working a business in a particular industry. Furthermore, normal imposing business models can emerge in ventures that require one of a kind crude materials, innovation or other comparative variables to work.
3 0
3 years ago
The federal reserve's target rate for the federal funds rate is an extra policy tool for the central bank, in addition to and in
blondinia [14]

Answer:

Commits the fed to set a particular money supply so that it hits the announced target

Explanation:

The target rate and money supply need to be alligned for the FED to achieve its goals.

8 0
3 years ago
A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It charges 50 basis points of 12
trapecia [35]

Answer:

The correct statement is C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees

Explanation:

THIS STATEMENT IS MISLEADING BECAUSE A NO-LOAD FUND CANNOT CHARGE MORE THAN 25 BASIS POINTS OF 12B-1 FEES.

A mutual fund is not permitted to advertise itself as a "no-load" fund if it charges 12b-1 fees of more than .25% (25 basis points) annually. 12b-1 fees are charges against net asset value that pay for the cost of soliciting new investment to the fund, and they can be used to compensate salespersons that sell the fund's shares.

8 0
3 years ago
Assume General Electric Company agreed in May 2016 to construct a nuclear generator for NSTAR, a utility company serving the Bos
aalyn [17]

Answer:

2016: $300 million; 40%; $60 million

2017: $450 million; 60%; $90 million

Explanation:

Total costs:

= Costs incurred in 2016 + Costs incurred in 2017

= $240 + $360

= $600

In 2016:

Percent of total excepted costs:

= Costs incurred in 2016 ÷ Total costs

= $240 ÷ $600

= 0.4 or 40%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.4 × $750 million

= $300 million

Income = Revenue recognized - Costs incurred in 2016

             = $300 million - $240 million

             = $60 million

In 2017:

Percent of total excepted costs:

= Costs incurred in 2017 ÷ Total costs

= $360 ÷ $600

= 0.6 or 60%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.6 × $750 million

= $450 million

Income = Revenue recognized - Costs incurred in 2017

             = $450 million - $360 million

             = $90 million

8 0
3 years ago
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