Essays on Cents

Stock Ownership and Capitalism

Introduction In the podcast entitled, Who Makes Cents?: A History of Capitalism, released in June 2014, Julia Ott discusses the issues associated with stock ownership. She does so in the wake of mass workers turnout at a Macdonald shareholders meeting (Ott, 2014). They take advantage of the meeting to voice out their grievances. This is due to the fact that shareholders and stock owners have become more influential in corporations across America.

Main Issues Addressed

The majority of American households today are stock owners, which has come a long way. Stock owners were seen as parasites to the economy in the 19th ...

Abstract

Using the regression equation and given values of independent variables, we estimated the elasticity of each of them and ascertained that the product is highly elastic to price levels and therefore, the firm can consider to decrease the price levels in order to increase their market share. At the same time, cross elasticity and income elasticity were also significant in relation to the demand of the product, although advertisement expenditure has negligible impact on the product’s demand. Hence, own price, price of related goods and income of consumer are three major factors which the firm should incorporate while ...

Demand function (QD) = -5200 - 42P + 20PX + 5.2I + 0.2A + 0.25M Where; P= 500, PX=600, I=$5,500, A=$10,000 and M=5,000

Replace values in the equation;

QD = -5200 - 42(500) + 20(600) + 5.2(5,500) + 0.2(10,000) + 0.25(5,000) = -5200 – 21,000 + 12,000 + 28,600 + 2,000 + 1,250 = 17,650 Price elasticity of demand = ∂QD∂P×PQD ∂QD = change in quantity demanded, ∂P = change in price; P= price, QD = quantity demanded ∂QD∂P = -42 QD= 17,650 P= 500 Price elasticity of demand = -42 ×50017,650 = -1.1898 The above elasticity indicates that the product’s quantity demanded ...

Determination and interpretation of elasticities

Demand function, QD = -3,500 – 150P + 30A + 75PX + 10 Y P = 300 cents, A = $750, PX = 200 cents and Y = $10,000 QD = -3,500 – (150 × 300) + (30 × 750) + (75 × 200) + (10 × 10,000) = -3,500 – 45,000 + 22,500 + 15,000 + 100,000 = 89,000 units

Price elasticity of demand

Price elasticity of demand = ∂QD∂P × PQD

Change in quantity demanded/change in price, ∂QD∂P is the coefficient of price, P in the demand equation.

∂QD∂P = -150 QD = 89,000 P = 300 cents PED = -150 × 30089,000 = -0.5056 The above price elasticity of demand indicates that the quantity demanded of the low-calorie, microwavable food decreases by 0.5056% for every increase in price by one cent. The elasticity is less ...

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. QD = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M and Q = Quantity demanded of 3-pack units P (in cents) = Price of the product = 500 cents per 3-pack unit PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars) = Per capita income of the standard metropolitan statistical area (SMSA) in which the supermarkets are located = $5,500 A (in dollars) = Monthly advertising expenditures = $10,000 M = Number of microwave ovens sold in the SMSA in which the supermarkets ...

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. The demand estimation as follows: QD = -3,500 - 150P + 30A + 75PX + 10Y. When P=300, A=750, PX=200, and Y=10,000. Placing these numbers into equation: QD=-3,500-150(300)+30(750)+75(200)+10(10,000)=QD=-3,500-45,000+22,500+15,000+100,000=89,000. Under given these numbers, we have 89,000 products demanded. Price elasticity of demand is [d(QD)/d(P)]/[QD/P]. Therefore, we take a derivative of the function subject to price, and we assume other variables do not ...

Introduction

The wage gap has been a centre of discussion for past few decades and it seems it will remain a highly debatable topic; as the gap between males and females, and white men and females from other races is still persistent. Since 1996, the wage gap has narrowed, but women in the United States are still making only 79 cents for a dollar made by men (Kitroeff, 2016). The gap has narrowed in the last two decades as women have progressed in terms of workplace participation and education (AAUW, n.d.). In terms of races, the wage gap is greater ...

Mmmmm dd, yyyy

Section 1: Basic Concepts Concept of the Cloud The IT term “ cloud” is short for two related concepts. For the man on the street, it can just mean the internet and that is acceptable1. For the IT initiate, it would be “cloud computing” which is the delivery of on-demand computing services (e.g. applications) to clients via the internet from server farms of the service provider. These services are applications and databases which reside in the vendor’s various locations unknown to the customers. Google and Facebook are there in the cloud. Such architecture allows the type of service called ...

Introduction/Problem Statement

Despite much hullabaloo on women's equality and empowerment, it is not yet ascertained that the fairer sex is considered as equal when it comes to employment. Four decades after the enactment of Equal Pay Act, research finds that the salary of female bosses runs 35 percent short of their male colleagues. Statistics galore revealing the wage differential across occupations and industries. By contrast, critics on the 'right' opine that the pay gap is just a 'myth' as women deserve to get paid less because they work in less demanding jobs than male counterparts. Obviously, the issue carries much heft ...

The Economics of $6.75 T-Shirt

Question 1. The market reality of garment industry in Bangladesh is extremely hard – prices for production are so low that do not cover even a life-needed level of wages. Moreover, this situation (wages under life-needed level) is widespread all over the country. And the reason of this is that the level of demand for this type of products is much lower than supply. In fact, nearly 20 million people in Bangladesh are connected to garment industry, which makes it one of the key industries in country’s economy. Such a huge supply leads to lower prices of products they ...

Financial instruments are legally binding agreement documents that have monetary value. They dictate the agreement made between the involved parties regarding a right of payment of an agreed amount.

Mortgage

The mortgage is a security instrument in real estate that refers to a long-term loan that finances an individual’s purchasing ability of real estate. The property being purchased is used as security for the mortgage and the interested buyer is expected to make a regular series of payments without fail. Failure to pay the mortgage as per the agreed terms results in the repossession of the property, and it ...

Executive summary

The stock price of Southern Cross Media Group Limited did not show any reaction to the announcement of the 2015 financial results. The stock price increased days before the announcement and the day after the event but declined two days after the announcement. Financial analysis of firm indicates that it has a strong liquidity, and this has improved over the last five years. Its debt to equity ratio has increased due to the capital reduction in accordance with the relevant statute. The year 2015 saw a decline in the profitability of the company although this did not affect the ...

Lynn University

In the world today there are many issues that need to be addressed. Some issues are more prevalent than others and some are easier to solve. One issue that while not easily solvable which needs to be addressed far more seriously on the world stage, is that of equal rights for women in particular equal pay for women. (Hartman et al., 3). Throughout history women's wages have been much lower as compared to their male counterparts. In the 1960’s that difference was 40.2 percent according to the U.S National Equal Pay Task Force in 2013, while in 2013 ...

Introduction

Major Forces Affecting the Delivery of Healthcare Today Various factors influence the delivery of health care. One of the major forces is the cost of healthcare in the current economic environment. The influence of costs in the delivery of care is shown by the increase in the managed care plans, the reduction in the hospitalization periods, and the outpatient treatment (White, Duncan & Baumle, 2010). The other force that influences health care is access to care. Access has a dual element. In addition to the physical access where the health care facilities are physically inaccessible, there is the economic access ...

Chapter 1

Nature of the Organization’s Business Under Armour is a multinational sports clothing and accessory company headquartered in Baltimore, Maryland. The company suppliers casual apparel and sportswear, and in 2006, it started offering footwear. The company sells its products worldwide targeting athletes at all levels as well as consumers having active lifestyles. To date, the company has opened various stores as well as factory outlets in various states and nations including Canada and China.

Organization’s History

1996-1998: Early Milestones 1996: Founding of the Company Kevin Plank founded the company in 1996 when he was 23 years old. He was the former ...

Introduction

Women deserve equal pay for the same amount of work done as their male counter parts. While the equal pay act has been the edict for an estimated 50 years, it is imperative that the law is updated to carter for the current issues in equal pay based on gender. Gender equality is a debate that has been for the longest time possible. The rights of women have been, for long, undermined and misrepresented (Hartmann, Hayes & Clark, 2014). Despite the struggle of women to be treated equally as their male counterparts, most of them are still being underpaid across ...

Methods

The search or an alternative source of energy is needed due to the increasing populations of the world, higher demand in electricity and the depletion of the resources of the Earth. The whole scope of the available solutions was available through the study of journals, scientific magazines, online articles and periodicals, and books on the topic of applying alternative sources of energy so as to find the best possible solution In view of the global warming problem, this issue has been extensively studied by many scientists. I will utilize their vision on some available alternatives.

This is needed in order to determine which solution will best mitigate and facilitate the solution to the problem.

In order to determine ...

The prices of oil globally and indeed locally have been fluctuating over the past years. In some instances, the costs would decrease while in other cases increased due to various reasons. This paper focuses on the cause for the sky-high prices in California according to Finley 2015 article. Finley argued that Americans were, in general, enjoying cheaper gas process due to the shale oil boom across the USA. Finley noted that the national average price had dropped by 25% to $2.76 a gallon in a year. However, that was not the case in California. In the Golden State, the ...

Abstract

As the this topic of increasing minimum wage rate is always matter of concern in US we will discuss how the concept of minimum wage rate came into force and at what rate the minimum rate is increase or decreased. The effect on the economy like growth rate, inflation , consumer price Index and their effects will also be discussed.

Introduction

The topic minimum wage is a hot topic these days but it was introduced long back. New Zealand was the first country that came up with national minimum wage laws in 1894. The minimum wage covered almost all the industries ...

Financial Accounting

[Student ID] [Section No.] [Submission Date]

Computations of the 2014 liquidity ratios for Coca-Cola and PepsiCo

The computations of the 2014 liquidity ratios for Coca-Cola and PepsiCo, including the current ratio, accounts receivable turnover, average collection period, inventory turnover, days in inventory and current cash debt coverage, are provided below.

The 2014 liquidity ratios for Coca-Cola and PepsiCo

According to the above-performed analysis, PepsiCo had better liquidity ratios in 2014 comparing to Coca-Cola’s financial performance in this regard. Thus, PepsiCo’s liquidity ratios, such as the current ratio, inventory turnover and current cash debt coverage, are significantly larger than Coca-Cola’s similar financial figures. As a result, PepsiCo’s average collection period, as well as the ...

Univeristy

RE: Breaching of the Law of Contract FACTS Contract law differs from one to another country, and it has some difference in its enforcement, legality, and remedies for the contract breach. It is always recommendable to have a lawyer before entering into any contract because once the contract is made each party gets responsibilities to fulfill, failing to do can lead to legal consequences.

ISSUE

There was a contract between Joseph (Distributor of novelty supplies or seller) and Steve (Buyer of the candy) where the seller and buyer agreed that Joseph would supply 3000 miniature novelty candy bars at fifty ...

Summary measures of the key ratios for the companies operating in the oil and gas industry, 2013

Source: Wharton Research Data Services. North America – Annual updates. Fundamentals annual. Web. Results of the research are shown in the Table 1. Analysis of this data gives an opportunity to determine the general tendencies across the industry and see whether performance of a company is better or worse than average. It also allows to determine the weaknesses that the company should take care of. It is necessary that the ratios are compared across the industry to obtain relevant result, as there might be specific features of the industry that can lead to deviations from common normal value of a ...

Preamble

Addressing the trade balance’s nature, it seems worthwhile noting that its indicator reflects the difference between the state’s exports and imports. Talking more scientifically, it is a pecuniary ratio amid the amount of money received for goods and services exported outward a country and the cash paid for imported goods and services. If exports’ money exceeds the currency accepted as exchange for the imported articles, the circumstance stands for external surplus. Otherwise (if market conditions reveal vice versa), the case is generally called as red ink.

Introduction

In 2015, American economists claimed China to become first-string trade and ...

The price of food has risen substantially in the decade following the Great Recession. The price is growing faster than many other commodity sectors that influence inflation, meanwhile worker's wages remain low and the cost of living is far outpacing raises across many different job classifications. Fast food companies have been struggling to keep prices low amid the rising costs, and to varying degrees of success. In this essay, two ads are looked at, one by McDonald's and one by Burger King. Bundling extra discounted foods together in order to create a cheap meal for the customer is now ...

Organizational Ecology

Reports on February 9th this year show that the Coke Company managed to overshadow the Wall Street’s anticipation by reporting substantial profits which were attributable to the higher prices of its products. Revenue in the quarter of the financial year ending December decreased to $10 billion, which was 8 percent drop. At the same period in the previous quarter, the company recorded $10.9 billion. Somer (2010) says that “These figures exceeded the anticipation of the analysts. Equivalently, the profit went up to $1.24 billion traded at 28 cents per share, up from $770 million trading at 17 cents ...

Because Lorraine Hansberry’s play A Raisin in the Sun takes its title from Langston Hughes’ poem about the dangers of deferring dreams due to racism, many people assume that the primary theme of the play is the corrosive effects of racism on the souls of African Americans. Indeed, this play is about a family of African American extraction who runs into racism as they try to move from the inner city projects of Chicago to the suburb of Clyborn Park. However, there are other themes at work in the play as well, such as the ins and outs ...

‘A Raisin in the Sun’ is about an African American family who struggle against racism and poverty to get out of the ghetto they live in and move into a white suburb. However Hansberry’s play is also filled with other themes such as pride, family, dreams and there are also many characters who dare to dream beyond their current life. The play focuses on racism, but on poverty as well. However, the beauty of the play lies in the fact that the central theme is family bondage. The poverty in their lives affects every member of the Younger ...

Congestion in Toronto is a persistent issue of public concern. According to a report published by Toronto Foundation of Vital Signs in 2015, an estimate of $6 billion is wasted every year on productivity loss since people spend a lot of time stuck in traffic. The city is tremendous and navigating through a congested city takes a lot of time (Dunne, 2012). The traffic index ranks Toronto in 47th position of the most crowded cities in the world. In North America, it is ranked eighth and in Canada second among the highly congested cities (Rouhani & Niemeier, 2014). Due to ...

‘A Raisin in the Sun’ on the outset is about the Younger family, an African American family who struggle against racism and poverty to get out of the ghetto they live in and move into a white suburb. However Hansberry’s play is also filled with other themes such as pride, family, dreams and full of characters who dare to dream beyond their current life. The beauty of the play lies in the fact that it not only focuses on racism but also on poverty. The poverty in their lives affects every member of the Younger family albeit in ...

Fuel Efficiency Management rules

When federal regulation on emissions for the commercial trucks was switched to focusing on the greenhouse emissions from focusing on NOx and PM, it meant the need for fuel efficiency for trucks went up. Thus, there is need for the Peregrine to enhance its performance through rules that enhance fuel efficiency and social responsibility (Trucking Info, 2016).

Company overview and current situation: Available resources

Peregrine Transportation Company is an active interstate carrier in the transport business that began operations on May 2011 and whose resources can be summarized to include 13 trucks and Company Drivers 18 (Quick Transport Solutions, 2016).

More efficient and socially conscious trucking equipment with fuel saving possibilities

Equipments: Tires:  Should buy tires that ...

INTRODUCTION

Financial ratio analysis is one of the key techniques for evaluating a company’s financial position. Financial ratios help getting additional information about financial performance of a company that might not be obvious from its financial statements (Erhardt and Brigham 89). They enable the management to evaluate the operating performance of the company in dynamics. Besides, the managers may track their financial goals achievement with the help of this type of analysis as ratios are widely used in planning and setting future performance goals (1). Moreover, the ratios are used to compare performance of companies within one industry, including ...