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    Assignment 040 Unit 4

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    Name: Morad Hijazin Course Number: ECON 5F70 040, Semester: Summer 2016 Assignment Name: Unit 4 Application Application: Explain why monopolistic competitors earn only a normal profit in the long run. Provide an industry example to illustrate your explanation. As we know in the monopolistic competitors the firms are price makers, we are talking about big businesses that control the whole market, and the barriers to enter their industries are very difficult. Now the firms in long-run at the…

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    The turners reside in a state that requires them to pay a state income tax. Currently their federal income tax rate is 25% and their state income tax rate is 6%. Historically Alan has prepared the couples taxes and claimed the standard deduction (12,600). Elyse would like to know if it is more beneficial to continue to do this or do an itemized deduction. Recommendation: My recommendation would be to do itemized deductions vs. the standard deduction. In reviewing your cash flow statement…

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    The Wolf of Wall Street is a film based off a true story. Mostly, it is based off of the life story of Jordan Belfort, a stockbroker in New York City. It shows from the very beginning of his rise to wealth and fame, all the way to his criminal antics and corruption. Jordan’s firm, Stratton Oakmont, was found to be committing fraud on Wall Street that ultimately led to him being placed in prison on fraud charges. In the beginning of the film, Jordan Belfort is receiving a job as a new Wall…

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    Mission Australia Essay

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    1.1 Mission Australia Throughout this feasibility study, Mission Australia will undergo assessment of their HRM and Finances within the Stretton/Brisbane area. Mission Australia is a not-for-profit organisation as its sole objective is not to make sales or gain profit but rather to help its intended cause which is to meet human need. 2.1 Sourcing Finances Mission Australia sources finances through individual supporters, corporate partners and philanthropic foundations. Major corporate partners…

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    I will be conducing a leverage-debt ratio. A leverage debt ratio is used to measure the degree to which a firm relies on borrowed funds in its day to day operations. Conclusively, a firm that takes too much debt could experience problems repaying lenders or meeting their promises to shareholders. The ratio measures to what extent the company is financed by borrowed funds that must be repaid. Per the financial statement of Canadian Tire, specifically the balance sheet Canadian Tire’s total…

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    Wesley, I have reviewed your Task 2 assignment: Drafting a Policy, and I am pleased that you invested much time and effort into completing it. There were policy statements in your draft that were very unique and I believe much of your content can be migrating into the official Mobile Devices policy. Good job! The timeline rating will be graded as Superior. For this task, the timeline rating is based on you submitting the draft to me before 5 expired workdays. I received your drafted policy on…

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    Netflix Financial Ratios

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    left over after paying for variable costs of production. This could be due to the fact that their sole source of business is streaming online and that their monthly fee is relatively low at only eight dollars. All of this being said, Netflix is a stock that has been on the rise for the past two years and, with a few minor adjustments, will…

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    Ever since I could remember I have always been interested in learning about law and politics. Therefore, I decided to interview Zach Parks, who is currently a lawyer for Covington & Burling LLP and also studied Political Science. I was introduced to Zach Parks by my bishop back at home in Virginia. Parks and I had our informational interview over the phone. The reason I chose him was because he is a member of LDS church and a BYU graduate, which makes it easier for us to relate due to our…

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    American Eagle Case Study

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    Moreover, American Eagle’s strong influence permits to be part and thrive competitors such as Abercrombie and Fitch, and Urban Outfitters. The firm “competes with various local, national, and global apparel retailers, as well as the casual apparel and footwear departments of department stores and discount retailers, primarily on the basis of quality, fashion, service, selection and price” (Annual Report 2017, p.7). Actually, the company presents a strong positioning when stating its offers such…

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    Blog 9 – Why Apple Shares are Regularly Subjected to Buybacks Having emerged in recent years as a stock buyback giant, Apple choosing to reward its shareholders in such a way is confusing for some investors. Clearly Apple one of the most noted, reputable, and innovative companies in history, Apple is often questioned as to whether it can offer the same returns from which its fame comes. Apple relies today on a much more diverse array of business options and arms, which includes Apple shares…

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