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Assume the MPC is 0.75. Assume there is a multiplier effect and that the total crowding-out effect is $6 billion. An increase in government purchases of $10 billion will shift aggregate demand to the

Business, Economics / By

Assume the MPC is 0.75. Assume there is a multiplier effect and that the total crowding-out effect is $6 billion. An increase in government purchases of $10 billion will shift aggregate demand to the a. left by $24 billion. b. right by $34 billion. c. left by $36 billion. d. right by $36 billion EXPERT ANSWER

Difference between Von Neumann vs Harvard architectures

Computer Science / By

Difference between Von Neumann vs Harvard architectures EXPERT ANSWER Von Neumann Architecture Harvard Architecture 1. Uses a single common physical memory for both, instructions and data Uses different memory addresses for data and instructions 2. To execute an instruction, two clock cycles of processor is needed. Only one cycle of processor is needed to complete …

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The demand and supply functions of a good are given by: P= -3QD + 60 P = 2Qs + 40 respectively (a) If the government decides to impose a tax of £t per good, show that the equilibrium quantity is given by: Q = 4 – 1/50 and write down a similar expression for the equilibrium price. [4 marks] (b) If it is known that the equilibrium quantity is 3, find the value of t. How much of this tax is paid by the firm? [3 marks] (c) If, instead of imposing a tax, the government provides a subsidy of £5 per good, find the new equilibrium price and quantity. [3 marks]

Business, Economics / By

EXPERT ANSWER Given, Demand equation, P = 60 – 3Qd and Supply equation, P = 2Qs + 40 In equilibrium, demand = supply Thus, 60 – 3Q = 2Q + 40 which gives Q = 4 and P = 48 (a) We know, the government imposes a tax of $t per unit. Therefore, new supply equation becomes: …

The demand and supply functions of a good are given by: P= -3QD + 60 P = 2Qs + 40 respectively (a) If the government decides to impose a tax of £t per good, show that the equilibrium quantity is given by: Q = 4 – 1/50 and write down a similar expression for the equilibrium price. [4 marks] (b) If it is known that the equilibrium quantity is 3, find the value of t. How much of this tax is paid by the firm? [3 marks] (c) If, instead of imposing a tax, the government provides a subsidy of £5 per good, find the new equilibrium price and quantity. [3 marks] Read More »

Exercise 2: Alpha Co purchased 1,450,000 ordinary shares in Beta Co in 20X0, when the general reserve of Beta stood at $400,000 and there were no retained earnings. The statements of financial position of the two companies as at 31 December 20X4 are set out below. ASSETS Alpha $’000 Beta $’000 Non-Current Asset: Property Plant and Equipment Investment in Beta at cost 8,868 1,450 10,318 1,787 0 1,787 Current Asset Inventories Receivables Cash 1,983 1,462 25 3,470 13,788 1,425 1,307 16 2,748 4,535 Total Equity and Liabilities Share capital (50c ordinary shares) 5,500 1,000 General reserve 1,200 800 Retained earnings 485 100 Total Equity 7,185 1,900 Non-Current Liabilities Borrowings 10% 4,000 Borrowings 15% 500 Total non-current liabilities 4,000 500 Current Liabilities Bank overdraft 1,176 840 Trade payables 887 1,077 Taxation 540 218 Total current liabilities 2,603 2,135 Total liabilities 6,603 2,635 Total equity and liabilities 13,788 4,535 At the end of the reporting period the current account of Alpha with Beta was agreed at $23,000 owed by Beta. This account is included in the appropriate receivable and trade payable balances shown above. There has been no impairment of goodwill since the date of acquisition. It is the group’s policy to value the non-controlling interest at its proportionate share of the fair value of the subsidiary’s net assets Required: (a) Prepare a consolidated statement of financial position for the Alpha Beta Group. (b) Show the alterations necessary to the group statement of financial position if the intragroup balance owed by Beta to Alpha represented an invoice for goods sold by Alpha to Beta at a mark-up of 15% on cost, and still unsold by Beta at 31 December 20X4.

Business, Accounting / By

EXPERT ANSWER Answer (a): CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 20X4 Assets Amount ($’000) Non-current Property, plant, and equipment 10,655.0 Goodwill (Working note-1) 435.0 11,090.0 Current assets Inventories 3,408.0 Receivables (1,462 + 1,307 – 23) 2,746.0 Cash 41.0 6,195.0 Total assets 17,285.0 Equity and liabilities Equity attributable to owners of the parent: …

Exercise 2: Alpha Co purchased 1,450,000 ordinary shares in Beta Co in 20X0, when the general reserve of Beta stood at $400,000 and there were no retained earnings. The statements of financial position of the two companies as at 31 December 20X4 are set out below. ASSETS Alpha $’000 Beta $’000 Non-Current Asset: Property Plant and Equipment Investment in Beta at cost 8,868 1,450 10,318 1,787 0 1,787 Current Asset Inventories Receivables Cash 1,983 1,462 25 3,470 13,788 1,425 1,307 16 2,748 4,535 Total Equity and Liabilities Share capital (50c ordinary shares) 5,500 1,000 General reserve 1,200 800 Retained earnings 485 100 Total Equity 7,185 1,900 Non-Current Liabilities Borrowings 10% 4,000 Borrowings 15% 500 Total non-current liabilities 4,000 500 Current Liabilities Bank overdraft 1,176 840 Trade payables 887 1,077 Taxation 540 218 Total current liabilities 2,603 2,135 Total liabilities 6,603 2,635 Total equity and liabilities 13,788 4,535 At the end of the reporting period the current account of Alpha with Beta was agreed at $23,000 owed by Beta. This account is included in the appropriate receivable and trade payable balances shown above. There has been no impairment of goodwill since the date of acquisition. It is the group’s policy to value the non-controlling interest at its proportionate share of the fair value of the subsidiary’s net assets Required: (a) Prepare a consolidated statement of financial position for the Alpha Beta Group. (b) Show the alterations necessary to the group statement of financial position if the intragroup balance owed by Beta to Alpha represented an invoice for goods sold by Alpha to Beta at a mark-up of 15% on cost, and still unsold by Beta at 31 December 20X4. Read More »

3. Wooden joists are used to support a floor load of 6.95kPa exclusive of its own weight. The joists will have an effective span of 4.25m and be placed at 0.40m on centers. Weight of wood is 7.5kN/m2 A. Design the wooden joists so as not to exceed the allowable bending stress of 10.35MPa. B. Design the wooden joists so as not to exceed the allowable shearing stress of 0.85MPa. C. Design the wooden joists so as not to exceed the allowable deflection of 10mm. E=12135 MPa Hint: In designing joists (not beam) please follow next page for market size of joist. Also, in the design you have read the problem carefully. If the problem states to design economically then you have to consider the stress if it did not mention economically then go for conservative design.

Mechanical Engineering, Engineering / By

EXPERT ANSWER

A total of 24 MHz of bandwidth is allocated to a particular FDD cellular telephone system that uses two 30kHz simplex channels to provide full duplex voice and control channels. Assume each cell phone user generates 0.1 Erlangs of traffic. Assume Erlang B is used.

Computer Science / By

A total of 24 MHz of bandwidth is allocated to a particular FDD cellular telephone system that uses two 30kHz simplex channels to provide full duplex voice and control channels. Assume each cell phone user generates 0.1 Erlangs of traffic. Assume Erlang B is used.(a) Find the number of channels in each cell for a …

A total of 24 MHz of bandwidth is allocated to a particular FDD cellular telephone system that uses two 30kHz simplex channels to provide full duplex voice and control channels. Assume each cell phone user generates 0.1 Erlangs of traffic. Assume Erlang B is used. Read More »

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why?

Business, Operational Management / By

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why? EXPERT ANSWER Seaborne warm coal shippers stayed careful of regard to the speed of progress of Vietnam’s new force plants and the circumstance of when they were probably going to come …

Vietnam imports steel and exports coal. China applies an export subsidy on coal that VN also exports. What happens to VN’s TOT and Why? Read More »