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Given Demand Function: 
Q=786.8849-1.2065P(own)+0.2926P(other)+5.0104*Income 

1.) Calculate the cross price elasticity (point elasticity) given that Q=500 and P(other)=$1000. Are the two commodities substitutes or complements? Give an example. 

2.) According to the report from Market Research Department, the quantity of laptop will increase by 30 percents if the price goes down by 20 percents. Furthermore, from the manager of production, you learn that the marginal cost is $200. Given the information, what would be the optimal price for your laptop?

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CSRB, a public listed company. Due to liquidity, the board directors has decided to issue 2 000 000 ordinary shares and the balance of preference shares on 1 July 2008. The capital structure as at 30 June 2008 comprised of: Authorized Share Capital 14 000 000 ordinary shares of RM 0.50 each RM 7 000 000 (4 000 000) ordinary shares issued at par and fully paid) RM 2 000 000 1 500 000 7% preference shares of RM 2.00 each RM 3 000 000 (1 000 000 6% preference shares issued at par and fully paid) RM 2 000 000 Reserves Capital reserve Share premium RM 480 000 Revenue reserves Retained profits RM 750 000 Bank RM 6 230 000 Details of the issue were as follows; Types of share Issue price (RM) Application (units) Allotment (units) 7% Preference shares 2.30 250 000 a) 250 000 - full allotment Ordinary shares 0.30 4 000 000 a) 2 000 000 - full allotment b) 2 000 000 - reject 1. The issue of shares was paid in full upon application. The company policy was to write off immediately any discount on issue of shares against company's profits. 2. The company also issued RM 200 000 8% debenture at 102 on 1 August 2008. The money was received when due. 3. On 1 September 2008, the company decided to make a bonus of one (1) share for every thirty (30) shares held on 31 August 2008. Share premium account was used for this purposed. 4. The company also made a right issue to the existing shareholders on 1 September 2008 on the bass of one (1) for every fifty (50) ordinary share held (exclude bonus issue) at a price of RM 0.60 each. Required; a) Journal entries to record the above transactions. b) Prepare the relevant accounts to record the above transactions. c) Prepare a balance sheet (extract) as at 30 September 2008

Get help on following question with complete explaination:

The Bank has the following balance sheet and the Fed has a 10% reserve requirement in place: 

ASSETS                  LIABILITIES 
Cash   $33,000     Demand deposits $99,000 
Loans $66,000    

Now assume that the Fed lowers the reserve requirement to 8%. 

What is the maximum amount of new loans that this bank can make? 

Assume that the bank makes these loans. 
1. What will the new balance sheet look like? 
2. By how much has the money supply increased or decreased? 

Get support in the following industry research:

Write a 1,750- to 2,450-word paper in APA format that provides an economic profile of the industry you have researched. In your paper, discuss how the following impact the industry. 
(i) Shifts and price elasticity of supply and demand 
(ii) Positive and negative externalities 
(iii) Wage inequality 
(iv) Monetary and fiscal policies 
(v) Conclude your paper with final thoughts on: 
(a) How the economy affects the success of your chosen industry 
(b) Economic influences that can affect the industry in a negative way 

Post your paper as a Microsoft© Word attachment.

Get support in the following company analysis:

Prepare a 150-200-word paper in which you describe the a strategic planning initiative for your organization(Pepsi Cola is the organization) and identify an initiative discussed in the organization’s annual report. How will the initiative affect costs? Format your paper according to APA standards Please suggest a prcie when responding.

Get help on following question with a complete explaination:

Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000. If they do, a down payment of $10,000 will be required. 

They have discussed their situation with Lew McCarthy, an investment advisor and personal friend, and he has recommended the following investments: 

The condominium - expected annual increase in market value = 2%. 
Municipal bonds - expected annual yield = 3%. 
High-yield corporate stocks - expected dividend yield = 5%. 
Savings account in a commercial bank-expected annual yield = 1%. 
High-growth common stocks - expected annual increase in market value = 6%; expected dividend yield = 0. 
Calculate the after-tax yields on the foregoing investments, assuming the Brittens have a 28% marginal tax rate (based on Public Law 108-27, The Jobs and Growth Tax Relief Reconciliation Act of 2003). 
How would you recommend the Brittens invest their $40,000? Explain your answer.

Get help on following question with a complete explaination:

As part of its due process, the Financial Accounting Standards Board (FASB) asks for comments on its proposed standards. These proposed standards, in the form of Exposure Drafts, are available on FASB’s website. FASB then evaluates those comment letters. In many cases the organizations or persons responding provide useful information because they provide a viewpoint the FASB has not fully considered or else provide technical information about a particular industry or practice the FASB has failed to consider. In most cases the FASB revises its proposed standards in response to the comment letters.

In this case, you are going to analyze a comment letter related to SFAS 123R, Share-Based Payments. The comment letter was written in response to the exposure draft FASB published in March 2004. SFAS 123R was later issued in December 2004. Your memo should address the issues below.


Required:

1.Briefly describe the standard setting process FASB adopts.

2.Explain the position that the letter takes on how to account for share-based compensation, including any suggestions for change.

3.Analyze why the company writing the comment letter takes the position it does.

4.Evaluate if the arguments made in the letter are reasonable.