Stakeholder identification

Identify the stakeholders in this case. and answer the question

Brady Dumais owns a small restaurant that operates on a cash-only basis; no credit cards are accepted. Brady has taken both a bookkeeping course and a tax preparation course. With the help of his spouse, he is able to perform all the bookkeeping duties himself and prepare his tax returns.

Brady discovers federal and state income taxes take away 35 percent of his profits. Since this is a cash business, Brady has started the practice of “skimming” sales. “Skimming” is the theft of cash from a business prior to its entry into the accounting system of a company. Since some of these cash sales are being taken prior to be recorded they will not appear in the business records. Therefore, these cash sales will escape taxation and Brady will be able to retain 100 percent of these revenue dollars.

Required:

Identify the stakeholders in this case. Please note: When identifying stakeholders (in addition to Brady himself being a stakeholder) please be sure to identify other stakeholders.

Comment on the legal and ethical issues involved in “skimming”.

If you were aware of this activity within your business how would you address it?

Sample Solution

The post Stakeholder identification appeared first on homework handlers.

Basic types of economies.

Discussion assignments will be graded based upon the criteria and rubric specified in the Syllabus.

For this Discussion Question, complete the following.

  1. Read the short explanation of the 4 basic types of economies. Research two of these types further.
  2. Locate one journal article for each of your two chosen economic types. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, you are not expected to fully understand the Data and Methodology.
  3. Summarize these journal articles. Please use your own words. No copy-and-paste. Cite your sources.

Sample Solution

The post Basic types of economies. appeared first on homework handlers.

Essay on solar Energy

Identify the areas where engineers can contribute, whilst taking the necessary steps to protect the environment as well as complying with safety and health requirements

Sample Solution

The post Essay on solar Energy appeared first on homework handlers.

Demand functions

Problem 69
In the electricity pricing model, the demand functions have positive and negative coefficients of prices. The negative coefficients indicate that as the price of a product increases, demand for that product decreases. thatthatThe positive coefficients indicate that as the price of a product increases, demand for the other product other other increases.
a. Increase the magnitudes of the negative coefficients from –0.013 and –0.015 to –0.018 and –0.023, and rerun Solver. Are the changes in the optimal solution intuitive? Explain.
b. Increase the magnitudes of the positive coefficients from 0.005 and 0.003 to 0.007 and 0.005, and rerun Solver. Are the changes in the optimal solution intuitive? Explain.
c. Make the changes in parts a and b simultaneously and rerun Solver. What happens now?

Problem 70
In the electricity pricing model, we assumed that the capacity level is a decision variable. Assume now that capacity has already been set at 0.65 million of mWh . (Note that the cost of capacity is now a sunk cost, so it is irrelevant to the decision problem.) Change the model appropriately and run Solver. Then use SolverTable to see how sensitive the optimal solution is to the capacity level, letting it vary over some relevant range. Does it appear that the optimal prices will be set so that demand is always equal to capacity for at least one of the two periods of the day?

Problem 72
Add a new stock, stock 4, to the portfolio optimiza-tion model. Assume that the estimated mean and standard deviation of return for stock 4 are 0.125 and 0.175, respectively. Also, assume the correlations between stock 4 and the original three stocks are 0.3, 0.5, and 0.8. Run Solver on the modified model, where the required expected portfolio return is again 0.12. Is stock 4 in the optimal portfolio? Then run SolverTable as in the example. Is stock 4 in any of the optimal portfolios on the efficient frontier?

Problem 94
You have $50,000 to invest in three stocks. Let Ri be the random variable representing the annual return on $1 invested in stock i. For example, if Ri=0.12, then $1 invested in stock i at the beginning of a year is worth $1.12 at the end of the year. The means are E(R1)=0.14, E(R2)=0.11, and E(R3)=0.10. The variances are VaVVrR1=0.20, VaVVrR2=0.08, and VaVVrR3=0.18. The correlations are r12=0.8, r13=0.7, and r23=0.9. Determine the minimum-variance portfolio that attains an expected annual return of at least 0.12.

Sample Solution

The post Demand functions appeared first on homework handlers.