Managerial Economics Essay Example for Free

Administrative Economics Essay Recognize the fixed and variable sources of info. The organizations w x L is fixed all through the creation procedure, so $300 is the fixed expense. Firms, cost of capital r x K is the variable expense. It is variable all through the creation procedure. Gus Bonilla MBA 217 Managerial Economics Individual Assignment b. What are the firm’s fixed expenses? Cost of work is the Firms fixed costs, it is equivalent to $300 c. What is the variable cost of delivering 475 units of yield? The variable expense are $75 x 6 = 0 d. What number of units of the variable information ought to be utilized to augment benefits? Benefit boost is accomplished when MR=MC. Since the firm runs in a serious market MR=Price= $2. MC=MR, accomplished in the middle of 450 and 475 units of out put, and least ATC is accomplished at 450 units. Thus, benefit amplifying yield is at around 450 units e. What are the greatest benefits this firm can acquire? Benefit is boosted at 450 units of yield. TR= 900 TC= 675 Profit= TR-Tc = 900-675 = $225 f. Over what scope of the variable information utilization do expanding peripheral brings exist back? Expanding minimal comes back from point 0 units of VC to 3 units. Gus Bonilla MBA 217 Managerial Economics Individual Assignment g. Over what scope of the variable information use do diminishing peripheral brings exist back? From unit #4 of Variable info (K) onwards there will be diminishing negligible brings h back. Over what scope of information use do negative minor brings exist back? From input units seventh onwards there will be negative returns, as the firm brings about misfortunes starting here. Where its ATC is higher than the MR. ) Explain the distinction between the law of reducing minor returns and the law of decreasing negligible pace of specialized replacement? Law of decreasing minor returns: According to the law of lessening peripheral returns, the edge item will fall on the off chance that we choose to include more sources of info. ?As it were, In a creation framework, having fixed and variable information sources, keeping the fixed data sources steady, as to a greate r degree a variable information is included, each extra unit of information yields less and less extra yield. Law of decreasing peripheral pace of specialized replacement: This law recommends that it takes a lot of money to supplant a unit of work when capital use is high however little work is utilized. As work turns out to be progressively plentiful and capital gets more difficult to find, in any case, less capital is required to supplant an extra unit of work. At the end of the day, the law of reducing negligible pace of specialized replacement shows that it is generally hard to supplant extra amounts of an info when the degree of that information turns out to be moderately low.

Introduction to Romanticism (Edgeunity) Flashcard

Prologue to Romanticism (Edgeunity)

A Study on Customer Satisfaction at Sambal Express Research Proposal

A Study on Customer Satisfaction at Sambal Express - Research Proposal Example London is, where the populace is very heath cognizant and food cherishing simultaneously (Fletcher, 2007). They for the most part look for solid dishes in huge cafés, where they can expend sound dishes at a sensible cost. Like some other enormous eatery in London, Sambal Express has taken a critical situation in café industry in the UK. Sambal Express is a Sri Lankan eatery, which have picked up conspicuousness in London on account of its delightful and solid food and furthermore for its inclination by the clients over different eateries in a similar territory (Sambal Express, 2015). The examination proposition targets delineating the arrangement of activities that are required for recognizing the consumer loyalty level in Sambal Express. The exploration gets its outcome from a review, which is completed with the assistance of poll. The poll incorporates all the important inquiries that are required to be replied by the objective respondents to get fruitful overview results. A brief and important writing with respect to customer’s fulfillment is given in order to give a more extensive perspective on the point. The examination likewise helps in investigating the primary attributes highlight of Sambal Express, which are favored by the clients in London as a result of its home cooked nourishments. The outcomes are examined with the assistance of inspecting strategies that are referenced in the system segment. The study is directed giving accentuation on moral contemplations. The fundamental point of the exploration is to build up the degree of consumer loyalty gave by Sambal Express in London. So as to accomplish the fundamental point of the examination, an overview is directed among the clients of Sambal Express and their perspectives are thought about for assessing food and administration nature of eatery. The method of reasoning of the examination is to inspect whether the clients of the Sambal Express are happy with the food

5 Career Options for Computer Science Majors

HomeCareersFive Career Options for Computer Science MajorsThis page may contain affiliate links.Oct 11, 2019Computer science, one of the most popular majors right now, involves telling a computer what to do through code, as well as the theory and processes behind the code. Sounds interesting, right? But is computer science a good choice for a major? Are there jobs available? Fortunately, yes. In fact, computer science occupations are expected to have more rapid growth over the next ten years than most others. So, if you’re majoring in computer science (or want to) but are unsure what your career options are, keep reading to find out how you can put your computer science degree to use. Computer Network Architects ($109,020 per year) Computer network architects build networks to pass data back and forth. For example, you might design and build a connection between two office networks. Or you could design the next data-storing cloud (think Google Drive or Microsoft OneNote). As you’re busy building these networks, you’ll need to keep information security considerations in mind. You’ll also research new technologies to see what’s best for your organization. Finally, you should be prepared to defend any choices you make to management in a clear and easy to understand way. Expect to spend most of your time in an office or a server room. You’ll probably work full-time, although 25% of computer network architects reported working more than 40 hours a week in 2016. Software Developers ($105,590 per year) This is probably the first job that comes to mind when you think of computer science. However, working as a software developer, or software engineer, is so much more than just coding. You’ll have to figure out what your users need so you can design it for them. You might have to work with other software developers to build specific parts of an application. As you code, you’ll be expected explain your code and its function, as well as how it fits into the larger code base. You’ll also have to test your code frequently for bugs. While a software developer is stereotyped as a single coder rapidly typing all alone, the reality is much different. This is a collaborative career where you’ll frequently work with other people. You should expect to work full-time, and sometimes more than 40 hours. Tech is ever evolving, so even after you graduate, you should keep up with the latest technologies and tools. After being a software developer for a couple of years, you might decide to become a project manager. Information Security Analysts ($98,350 per year) Being an information security analyst is like being a reverse hacker – it’s your job to figure out how to keep a company’s computer system and data safe at all costs. That generally involves a process called penetration testing, or simulating an attack on the system. This is done to figure out the system’s weaknesses and fix them before an actual hacker can exploit them. You might also expect to do smaller tasks like helping employees practice safe strategies to avoid things like phishing. You should be current on the latest security practices and methods of attack so that your company is never blindsided. Expect to work normal business hours, but you may be on call in case of an emergency. Most employers look for someone with previous experience, so you might consider looking for internships focusing on information security. Database Administrators ($90,070 per year) Database administrators (DBAs) store and organize data for a company. This data can be anything from usernames and passwords to credit card information. The job is a precarious balancing act: making data available for users with the right permissions, but not for anyone without them. As a database administrator, you’ll be expected to produce backups of data, make sure that company data is secure, and maintain the company’s databases. Some database administrators specialize as system DBAs or application DBAs. You can expect to work full-time in an office. Computer and Information Research Scientists ($118,370 per year) Computer research scientists dig deep into the theory of computer science to solve complex practical problems. They regularly invent new languages and tools for software engineers and developers. They also design experiments to test how effective their new systems are, and publish and present their findings to the world. If you’d like to join the cutting edge of computer science as a computer research scientist, you’ll need at least a master’s degree in computer science. If you’re working in a specific field, you might also need specialized knowledge of that field (for example, robotics). You should expect to work with a diverse group of people from many different teams. You’ll most likely work full-time, although 30% of computer research scientists reported working more than 40 hours in 2016. Now that you’ve seen some options for careers in computer science, you can also see that this is one of the most lucrative career paths available right now. It’s also a career path that encourages lifelong learning. Regardless of what you decide to do with your computer science degree, rest assured that you’ll be contributing to the future of technology, protecting valuable data and information, and making a tangible difference in how people live their lives.

William Shakespeare s Romeo And Juliet - 1341 Words

As Shakespeare composes this tragic love story â€Å"Violent delights have violent ends / And in their triumph die, like fire and power, / Which as they kiss consume† (2.6.9). In the play Romeo and Juliet an enchanted love leads to violent ends and consumes two people’s lives until their powerful death. When Romeo first lays eyes on the gorgeous Juliet it is love at first sight. Though their love is authentic and empowering, it is also entirely banned. William Shakespeare writes this masterpiece with much delight but also great sorrow. Romeo and Juliet is the most abiding love story of all time. Shakespeare uses many literary devices in his works. Throughout this story the character Juliet changes remarkably. Shakespeare provides evidence for†¦show more content†¦Come, what says Romeo?†(2.5). Juliet is completely obsessed with her love, so obsessed that her love overpowers her, in a dangerous and controlling way. This of course does happen near the end o f the play she takes a dangerous potion tricking her family into thinking that she is dead. This ables Juliet into hopefully running away to her love who has been banished from Verona. Though scarred she drinks the potion in hope of living happily ever after with Romeo: â€Å"Come, vial. What if this mixture do not work at all?... What if it be a poison which the friar / Subtilly hath minist’red to have me dead†¦ I fear it is†¦ There’s a fearful point! Shall I not then be stifled in the vault†¦ and there die strangled†(4.2) yet she still drinks the potion for love: â€Å"Romeo, I come! This do I drink to thee.†(4.2). Her love consumes her especially after Romeo’s death: â€Å" Yea, noise? Then I’ll be brief. O happy dagger! (Snatches Romeo’s dagger.) This is thy sheath; there rest, and let me die (she stabs herself and falls on Romeo’s body.)†(5.3). Just like that she ends her life because of her obsession over Romeo and their love. This is a huge change of her character, she goes from being just a child who â€Å"hath not seen the change of fourteen years†(1.2) to a woman who ends her life for love. This shows how much Juliet’s perspective on love and life has changed through foreshadowing. There are a lot of periphrasis in Shakespeare s play some which reveal a

Rhetorical Analysis Of John F. Kennedy s Inaugural Address

A Rhetorical Analysis of John F. Kennedy’s Inaugural Address By 1961, The United States of America was struggling with racial tension and social inequalities, while fighting communism internationally and protecting the public from the weapons and devices of our adversaries abroad. Confusion and fear had invaded the minds of the American people as the cold war neared its pinnacle; they were desperate for a strong, reassuring leader. John F. Kennedy provided this reassurance when he addressed the nation, after being sworn in as the 35th president of the United States. With severe consideration to the current national and international turmoil, Kennedy sought to invoke a sense of unity in the American people in order to attain a lasting peace. The inaugural address is imbued with rhetorical strategies to flatter and influence the emotions of the people through the use Kennedy’s ethos, pathos, and logos, without detracting from the truth and evidence expected from a national leader. Kennedy’s speech carries with it a dauntless rhythm of persuasiveness, emboldening and inspiring his audience through emotional conviction and personal attribution. With parallelism and juxtaposition, John F. Kennedy was able to capture the minds and hearts of the American people. During the vast majority of the address, he uses inclusivity (us, we, our) with the audience to show his personal dedication to the public and mankind as a whole. Kennedy’s dedication to his people and god was enough toShow MoreRelatedRhetorical Analysis Of John F. Kennedy s Inaugural Address Essay1566 Words   |  7 Pages NOT PRIDE BUT FREEDOM: Rhetorical Analysis of John F. Kennedy’s Inaugural Address Tanner A. Woody Anderson University On January 20, 1961, John Fitzgerald Kennedy delivered a speech with a backdrop of snow and a twenty-degree wind blowing in his face in Washington D.C. In his speech, he starts off with saying that his victory is not for a party but it is for freedom. 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The 1960s was an important time period during American history. The speech was said to motivate Americans and unite them to successfully create a powerful government. In a time of desperation, the actions that the United States government would take to help come out successful was very importantRead MoreThe Inaugural Address Of John F. Kennedy1654 Words   |  7 PagesAn Effort Closer to A Better Country â€Å"The Inaugural Address of John F. Kennedy is considered one of the greatest speeches in twentieth-century American public address,† says Sara Ann Mehltretter from Penn State University. The 1960s was an important time period during American history. The speech was said to motivate Americans and unite them to successfully create a powerful government. In a time of desperation, the actions that the United States government would take to help come out successfulRead MoreAnalysis of John F Kennedys Presidency870 Words   |  3 PagesIntroduction John F. 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The motivation for American citizens to defend freedom and democracy introduced a challenge and an opportunity for Kennedy with his tactics for presidency. In his Inaugural Address, KennedyRead MoreSignificant Improvement : Things That I Have Learned From English 10101105 Words   |  5 Pagesstarted to now? Or have I remained the same or worse have I become a worse writer and reader? These are questions that need to be answered by a self-reflection and evaluation. One must always set goals and analyze their growth or the lack thereof. The analysis of progress helps sho w how far one has come, and it also helps the rate of improvement accelerate. Throughout this semester, I have improved my writing, reading, and critical thinking skills. I have accomplished this by effectively taking advantage

Equipment Revaluation Decision In Indonesia â€Myassignmenthelp.Com

Question: Discuss About The Equipment Revaluation Decision In Indonesia? Answer: Introducation The subject matter of measurement is the land and property which is demolished and renewed by the entity engaged in manufacturing of women shoes. The cost of land and factory will be recognised only if the entity is certain about its future economic benefits and the assets cost can be measured reliably[1]. The entity does the evaluation of all the costs associated with property, plant and equipment under this recognition principle (Plant, Property and Equipment AASB 116), at the time when they are incurred. These costs include the costs which are incurred initially at the time of acquiring or constructing the asset and subsequent costs incurred to replace or reconstruct the asset[2]. The costs associated with the day to day service are not to be included in the carrying amount of asset. These costs are recognized separately in the profit or loss account. Determine valuation premise/method After the land and factory is recognized as an asset whose fair value is measureable reliably shall be represented at revalue amount minus any accumulated depreciation and impairment losses; this will give its fair value at the date of the revaluation[3]. Revaluations shall be made regularly for ensuring that there is no material discrepancy in carrying amount and the fair value of the asset at the end of the reporting period. Determination of market The fair value of asset is usually determined by evidence provided by appraisal of market undertaken by professionals. The fair value asset is usually their current market value. The entity must allocates the initial amount of the non-current tangible assets to its significant parts and apply depreciation to each part separately. On the other hand if the entity acquires the psychology asset on lease basis, it is appropriate to depreciate the asset separately. The disclosure required by standard requires reflecting the following- The existence of any title on the property, plant and equipment pledged as security and their respective amounts[4]; The amount of expenditures which are being recognised in the carrying amount of property, plant and equipment in its construction phase; the amount of contractual obligations which are to be paid for the acquisition of the assets[5]; If the impairment is not disclosed separately in the comprehensive income statement, that is included in profit or loss account in total. Determine Valuation technique As per the valuation technique provided by IAS 116, the valuation of land will be done in the following manner- Market value of land+ demolishing cost+ cost of construction 10, 000, 00+ 10, 000, 00+780000= 27, 80,000 Calculations General Journal Entries 1/7/16 to 30/6/17: (Amount in $) Date Account DR CR 1-07-2016 Machine A/c DR. 100000 Bank A/C Cr. 100000 (Being machine A purchased) 1-07-2016 Machine A/c Dr. 60000 Bank A/c Cr. 60000 (Being Machine B purchased) 30-06-2017 Depreciation A/c Dr 20000 Machine A A/c Cr. 20000 (Being depreciation charged for the year) (Note: 1) 30-6-2017 Depreciation A/c Dr 20000 Machine B A/c Cr. 20000 (Being depreciation charged for the year) (Note: 2) 30-06-2017 Machine A A/c Dr 4000 Revaluation Surplus Cr 4000 Profit on revaluation is transferred to revaluation surplus account. (Note:3) 30-6-2017 Revaluation Surplus A/c Dr 2000 Machine B A/c Cr. 2000 (Loss on revaluation in charged to revaluation surplus account). (Note: 4) Working Note: Note1 Depreciation of Machine A Cost of Machine $100000 Expected useful life 5 years Depreciation $100000/5 Depreciation of Machine B Cost of Machine $60000 Expected useful life 3 years Depreciation $60000/3 $20000 p.a. Revaluation Surplus on Machine A Fair value of Machine A on 30th June 2017 = $84000 Book Value of Machine A on 30th June 2017 =$100000-$20000 =$80000 Revaluation Surplus of Machine A Fair Value Book Value $84000- $80000 $4000 Impairment loss on Machine B Fair value of Machine B on 30th June 2017 = $38000 Book Value of Machine B on 30th June 2017 =$40000 Impairment Loss =$38000-$40000 =-$2000 In accordance with provisions specified in AASB 116 Property, Plant and Equipment revaluation surplus is transferred to surplus on revaluation account[6]. Further, if any loss relating to revaluation occurs than the same is adjusted with existing balance of revaluation account and in case of higher loss the remaining balance is charged to profit and loss accounting as impairment loss[7]. Calculations General Journal Entries 1/8/18: Date Account DR CR 1-1-2018 Bank Account Dr. 29000 Revaluation A/c Dr 2000 Profit Loss A/c Dr. 7000 Machine B A/c Cr. 38000 (Being machine B sold at loss of $9000) 1-1-2018 Cash A/c Dr 80000 Machine C A/c Cr. 80000 (Being machine purchased for cash) 1-1-2018 General reserve A/c Dr. 8000 Revaluation Surplus A/c Dr. 2000 Share Capital A/c Cr. 10000 (Being bonus share issued) Calculations General Journal Entries 30/6/18: Date Account DR CR 30-6-2018 Depreciation A/c Dr. 21000 Machine A A/c Cr 21000 (Being depreciation charged) (Note 1) 30-6-2018 Depreciation A/c Dr. 20000 Machine C A/c Cr. 20000 (Being depreciation charged) (Note 2) 30-6-2018 Impairment loss A/c Dr 3500 Machine A Cr. 2000 Machine C A/c Cr. 1500 (Being impairment loss charged) (note 3 4) Working Notes Depreciation as per revaluated amount Revalue amount / No of remaining years $84000/ 4 = $21000 = $80000/4 = $ 20000 p.a. = $10000 for six months Impairment loss $61000 - $63000 ($84000-$21000) $2000 Impairment loss $68500-$70000 ($80000-$10000) $ 1500 Explain accounting issues Internally generated cost of intangible assets generally meant for paragraph 24 is the total of expenditure held from the specific date, when recognition criteria is faced by intangible assets in (para 21, 22 and 57). As per the paragraph 71, it avoids the expenditures re-instalments prior to be recognised as expense[8]. Internally generated cost of intangible assets is combined with all the direct attribute costs required to make the assets capable to operate in an effective manner for the purpose of management. Differences Internally Generated vs Acquired According to AASB 123, the recognition criteria of interest are a component of internally generated cost of intangible assets. These are the non-components of internally generated cost of intangible assets; Expenditure incurred on training staff members in order to operate asset, recognized inefficiencies and primary loss on operation held before achieving the goal. Once the initial requirement is satisfied, an intangible asset shall be recognized at cost from which accumulated amortization and any impairment losses will be subtracted. After the initial recognition is done an intangible assets amount shall be revalued, as fair value at the specific date of revaluation from any accumulated amortization and any impairment losses will be subtracted. For revaluation purpose as per the Standard, fair value must be measured by considering active market. Revaluation must comprise with such kind of regularity which ultimately does not vary from its fair value. On the contrary under IAS 38, there are several requirements for accounting of intangibles and will vary on the basis of source of asset. Internally generated cost of intangible assets shall be valued initially on the basis of direct attributable costs which will meet the terms with recognition criteria (para 81). Individually obtained intangibles shall be valued at the cost of actual transaction, inclusive of directly attributable costs having the asset readily available (para 82)[9]. It must be considered that the transactional price for individually obtained intan gibles may be assisted by valuing of assets before the transaction; however it is not considered as an actual requirement. After analysing methods available in both the standard it can be assessed that it is comparatively easier for calculation. Reasons for Reluctance Companies may be unwilling to accept changes required by AASB 138/IAS 38 in order to access recognition of internally generated intangible assets in appropriate manner. As the use of intangible is essentially more complex to measure comparatively to other assets; the same is due to changes in goodwill value are unstable and changeable[10]. Systematic provision of intangible asset is subjective; it is complex to impartially state the life and depreciation method used. Deficit of Fund $28700000 As on 31st December 2016, the value of benefit obligation 23000000 fair value of plan assets 20130000 Deficit of fund 28700000 Net Defined Benefit Liability The defined net benefit liability on the year ended 31st December 2016 stood at 2870000. The amount is same as that of deficit of fund. Net Interest 3000000 Working notes: Expense of interest Defined Benefit obligations components: Brought forward value of Defined Benefit Obligation $20, 000, 000 Service cost of previous year $2, 200, 000 (2, 000,000+2, 200,000*10%) Components of Interest income 19,000,000 (19,000,000*10%) Reconciliation Liability of Net Defined Benefit Obligation of Defined Benefit Plan Assets Balance as on 1/1/16 1,000,000 20000000 19000000 Cost of Past service 2000000 Adjusted Balance 22000000 10% interest 2200000 1900000 Cost of Present service 800000 Fund Contributions received 1000000 Funds paid Benefits (2100000) (2100000) Return on Plan Assets excluding Interest 330000 Remeasured Actual loss of Defined Benefit Obligation 100000 Balance as 31st December 2016 2870000 23000000 20130000 Working note for Return on Plan Asset Fair value of Plan Asset as on 31st December 2016 $20 130 000 Minus: Opening balance $ 19 000000 Income from Interest $ 1 900000 Contributions $ 1 000000 Payment of benefits (2 100 000) - 19 800 000 Return on Plan Assets $ 330 000 Journal Entries Date Particular Dr. Cr. 30/6/2013 Expense related to Superannuation (P/L) Dr 3 100 0000 Superannuation Income Account Cr 230 000 Bank A/c Cr 1 000000 Superannuation liability A/c Cr 1 870000 (being Superannuation expense and contributions accounted) References Basu, A. and Andrews, S., 2014. Asset allocation policy, returns and expenses of superannuation funds: recent evidence based on default options.Australian Economic Review,47(1), pp.63-77. Cheung, E. and Lau, J., 2016. Readability of Notes to the Financial Statements and the Adoption of IFRS. Australian Accounting Review, 26(2), pp.162-176. Davies, B., 2014. Defined Benefit vs Defined Contribution or is There a Third Way? Defined Ambition Schemes: An Alternative Approach to Risk Sharing. Deegan, C., 2013. Financial accounting theory. McGraw-Hill Education Australia. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.Issues in financial accounting. Pearson Higher Education AU. Ji, X.D. and Lu, W., 2014. The value relevance and reliability of intangible assets: Evidence from Australia before and after adopting IFRS. Asian Review of Accounting, 22(3), pp.182-216. Lubbe, I., Modack, G. and Watson, A., 2014. Financial Accounting GAAP Principles. OUP Catalogue. Yao, D.F.T., Percy, M. and Hu, F., 2015. Fair value accounting for non-current assets and audit fees: Evidence from Australian companies.Journal of Contemporary Accounting Economics,11(1), pp.31-45. Zakaria, A., Edwards, D.J., Holt, G.D. and Ramachandran, V., 2014. A Review of Property, Plant and Equipment Asset Revaluation Decision Making in Indonesia: Development of a Conceptual Model.Mindanao Journal of Science and Technology,12(1), pp.1-1. AASB 116.Property Plant and Equipment. 2016. (PDF). Available through https://www.aasb.gov.au/admin/file/content105/c9/AASB116_07-04_COMPjun09_07-09.pdf. [Accessed on 30th September 2017.]