3. Welfare effects of a tariff in a smallcountry Suppose New Zealand is open to free trade in the wo

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3. Welfare effects of a tariff in a smallcountry Suppose New Zealand is open to free trade in the world marketfor wheat. Because of New Zealand’s small size, the demand for andsupply of wheat in New Zealand do not affect the world price. Thefollowing graph shows the domestic wheat market in New Zealand. Theworld price of wheat is
P
W = $250 per ton. On the following graph, use the green triangle (trianglesymbols) to shade the area representing consumer surplus (CS) whenthe economy is at the free-trade equilibrium. Then, use the purpletriangle (diamond symbols) to shade the area representing producersurplus (PS). If New Zealand allows international trade in the market forwheat, it will importtons of wheat. Now suppose the New Zealand government decides to impose atariff of $60 on each imported ton of wheat. After the tariff, theprice New Zealand consumers pay for a ton of wheat is, and NewZealand will importtons of wheat. Show the effects of the $60 tariff on the following graph. Use the black line (plus symbol) to indicate the world priceplus the tariff. Then, use the green points (triangle symbols) toshow the consumer surplus with the tariff and the purple triangle(diamond symbols) to show the producer surplus with the tariff.Lastly, use the orange quadrilateral (square symbols) to shade thearea representing government revenue received from the tariff andthe tan points (rectangle symbols) to shade the areas representingdeadweight loss (DWL) caused by the tariff. . . .

 

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Which of the following individuals qualify for the earned income credit? a. Thomas is single, 21…

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Which of the following individuals qualify for the earned income credit?

a.      Thomas is single, 21 years old, with no qualifying children. His income consists of $9,000 in wages.

b.     Shannon, who is 27 years old, maintains a household for a dependent 11-year- old son and is eligible for head-of-household tax rates. Her income consists of

$16,050 of salary and $50 of taxable interest (Shannon’s AGI is $16,100).

c.      Keith and Susan, both age 30, are married and file a joint return. Keith and Susan have no dependents. Their combined income consists of $28,500 of salary and $100 of taxable interest (i.e., their AGI is $28,600).

d.     Colin is a 26-year-old, self-supporting, single taxpayer. He has no qualifying children and generates earnings of $9,000.

 

 

 

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Discuss your future career possibilities, why they interest you and how your current studies…

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Question 1. Introduce yourself to the person marking your assessment by giving them context as to your career thinking. Discuss your future career possibilities, why they interest you and how your current studies align with them. a. Write a brief introduction about yourself, including the following information: • Your name • The Program of study you are currently enrolled in (its official name, as it will appear on your academic transcript) and other tertiary studies you have completed e.g. certificates, degrees etc. • The top three things in your life that give you a sense of purpose (a sense of purpose = sense of meaning, that which drives you, that you are intrinsically motivated to do, that which makes you feel positive, fulfilled and alive. Read the home tab of www.senseofpurpose.org for further thoughts) • Your most significant/important/valuable/notable achievement within the last 12 months, explaining why it is the most significant achievement for you. Approx. 100 words.

b. List five occupations/job titles that you hope to work in one day. Consider suggestions in the Temperament Assessment, the lob Outlook Career quiz and/or the work you complete in Chapter 4 of the text book. For each occupation/job title, state at least two reasons for your interest in that occupation/job title and discuss how your current studies are linked to that occupation/job title. Approx. 300 words.

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i need 100% plagirisim free work 1 answer below »

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business stats assignment

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BUSINESS STATISTICS (BBAC201) Case Study Report DUE WEEK 6.1 Learning Outcome Assessed: a – e Weighting: 25% Written Report Case Study Analysis (2000 words) Evaluating Dividend Yields – 50 Marks The dividend yield on shareholders’ funds of Australia’s top 120 companies for the week ended Friday 10 July 2009 is recorded in the data file. 1. Column 1 stores the dividend yield for the top 1-40 companies ranked by market capitalisation 2. Column 2 stores those for the top 41-80 companies and 3. Column 3 for the top 81-120 companies. To understand the meaning of these yields, consider 3.43% yield that was realised on the first company’s shares in 2008. This means that $ 100 invested in the shares of that company at the beginning of 2008 would have yielded a profit of $3.43 over the year, leaving you with a total of $103.43 at the year’s end. The data is also available to you in an excel spread-sheet for your convenience. In the exercise that follows, you are required to complete your calculations using the manual methodology taught in class and may supplement it with the use of excel functions to verify calculations. This will also help you in your preparations for your final exams. Required: Question 1 – 10 Marks Organise the data in appropriate class intervals and draw a histogram of the frequency distribution. Question 2 – 10 Marks Find the Mean, Median, Range, Standard Deviation and Coefficient of Variation of the yield for the top 40 Australian companies. Question 3 – 10 Marks Repeat the exercise outlined in Question 2 for data covering the top 41-80 companies and the top 81-120 companies Question 4 – 20 Marks Is there any major difference in the dividend yield between the three groups of companies? BStats_Assignment_25%.docx Page 1Business Statistics Data File – June 2014 ID Ref Top1-40 Top41-80 Top81-120 1 3.43 4.99 3.88 2 6.68 13.22 2.97 3 7.10 3.85 6.74 4 7.60 4.78 2.94 5 8.21 11.95 7.04 6 1.39 6.69 6.35 7 7.49…

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The producer-consumer problem can be extended to a system with multiple producers and consumers… 1 answer below »

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The producer-consumer problem can be extended to a system with multiple producers and consumers that write (or read) to (from) one shared buffer. Assume that each producer and consumer runs in its own thread. Will the solution presented in Fig. 2-28, using semaphores, work for this system?

 

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In the process of using optimal hedging it is important to look at futures and forwards that are pre

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In the process of using optimal hedging it is important to look at futures and forwards that are preferred.

 

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summarize the article, explain Nano’s significance, critique its importance (your informed…

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 summarize the article, explain Nano's significance, critique its importance (your informed opinion), and speculate on its significance (e.g., commercial potential or social impact).

    • Posted: 4 years ago
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    Problem 3-12 Predetermined Overhead Rate; Disposing of Underapplied or Overapplied Overhead [LO3- 4)

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    Problem 3-12 Predetermined Overhead Rate; Disposing of Underapplied or Overapplied Overhead [LO3- 4) Luzadis Company makes fuRequired 1 Required 2 Required 3 Required 4 Assume that the company closes any underapplied or overapplied overhead to Cost oRequired 1 Required 2 Required 3 Required 4 Assume that the company allocates any underapplied or overapplied overhead proporComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 How much highe

    Problem 3-12 Predetermined Overhead Rate; Disposing of Underapplied or Overapplied Overhead [LO3- 4) Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The predetermined overhead rate was based on a cost formula that estimates $900,000 of total manufacturing overhead for an estimated activity level of 75,000 machine-hours. During the year, a large quantity of furniture on the market resulted in cutting back production and a buildup of furniture in the company&#39;s warehouse. The company&#39;s cost records revealed the following actual cost and operating data for the year: 60,000 850,000 $ Machine-hours Manufacturing overhead cost Inventories at year-end: Raw materials Work in process (includes overhead applied of $36,000) Finished goods (includes overhead applied of $180,000) Cost of goods sold (includes overhead applied of $504,000) $ 30,000 $ 100,000 $ 500,000 $ 1,400,000 Required: 1. Compute the underapplied or overapplied overhead. 2. Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry. 3. Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry. 4. How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the underapplied or overapplied overhead. < Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Assume that the company closes any underapplied or overapplied overhead to Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.) View transaction list Journal entry worksheet Record the entry to close the balance in the manufacturing overhead account to the cost of goods sold account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Required 3 Required 4 Assume that the company allocates any underapplied or overapplied overhead proportionally to Work in Process, Finished Goods, and Cost of Goods Sold. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.) View transaction list Journal entry worksheet Record the allocation of the underapplied/overapplied overhead to various accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < Required 2 Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 How much higher or lower will net operating income be if the underapplied or overapplied overhead is allocated to Work in Process, Finished Goods, and Cost of Goods Sold rather than being closed to Cost of Goods Sold? Net operating income will be if the overhead is allocated rather than closed entirely to cost of goods sold.

     

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    Imagine that you suffered an accident six months ago. The accident left you partially paralyzed from

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    Imagine that you suffered an accident six months ago. The accident left you partially paralyzed from the waist down. You are currently seeking counseling from a professional specializing in working with individuals who have disabilities. It has been a difficult six months. Your central concerns relate to the emotional and physical adjustments you must now make in relation to your family, job, and future plans. You are permanently in a wheelchair and have limited use of your legs but full use of your arms and upper body.

    • Identify three major issues that you think you would need to work through in therapy. Explain what aspect of each issue is problematic for you.
      • Posted: 4 years ago
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