see attached
Use this reference for first 2 questions. Williams, J., Bettner, M., & Smith, K. (2023). Financial & Managerial Accounting (eBook with Connect access). New York, NY: McGraw-Hill Education.
Homework 1, 1 page with 2 references:
Select a publicly traded company and access the company’s most recent annual report (select the “Investors” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure.
Homework 2, 1 page with 2 references:
An American company is considering entering into a joint venture with a firm in another country (please select another country of your choice). Describe what cultural and accounting practice differences each party should consider and explain why.
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Use this reference for below questions. Brickley, J.A., Smith, C.W., & Zimmerman, J.L. (2021). Managerial economics and organizational architecture (7th ed.). New York: McGraw Hill/Irwin.
Homework 3, 1 page with 2 references
View the video at the link below and share your thoughts on the economic concepts that you believe are applicable. In your response, provide a rationale on whether or not a firm has to possess market power in order to raise prices.
How to Raise Prices Without Losing Customers?
Homework 4, 3 pages with atleast 2 references
“Analyzing Managerial Decisions: Setting Tuition and Financial Aid”
The Board of Ursinus College in Pennsylvania raised its tuition and fees 17.6 percent to $23,460 in 2000. It subsequently received 200 more applications than the year before. The president of the college surmised that “applicants had apparently concluded that if the college cost more, it must be better.” Other colleges that raised tuition to match rival colleges in recent years include University of Notre Dame, Bryn Mawr College, Rice University, and the University of Richmond. They also experienced an increase in applications. In contrast, North Carolina Wesleyan College lowered its tuition and fees about 10 years ago by 22 percent and attracted fewer students. The college president concluded that “it didn’t work out the way it had been hoped. People don’t want cheap.”
You are hired as a consultant to a president of a liberal arts college in the East. You are asked to evaluate a recommendation by the college’s Admissions Director, Susan Hansen, to increase tuition and to reduce financial aid to students. Hansen argues that the data from competing colleges suggest that the demand curves for colleges slope upward—the quantity demanded increases with price. She projects that the increase in tuition and reduction in financial aid will solve the school’s financial problems. Last year, the college enrolled 400 new students who each paid an effective tuition of $15,000 (after financial aid), totaling $6,000,000. She projects that with the increased demand from charging an effective tuition of $25,000, the college will be able to enroll 600 new students (of equal or better quality), totaling $15,000,000. Evaluate Hansen’s analysis and recommendation.
SOURCE: J. D. Glater and A. Finder (2006), “In Twist on Tuition Game, Popularity Rises with Price,” nytimes.com (December 12).
Homework 5: 3 pages with atleast 2 references
ANALYZING MANAGERIAL DECISIONS: United Airlines
The WSJ recently presented data suggesting that United Airlines was not covering its costs on flights from San Francisco to Washington, D.C. The article quoted analysts saying that United should discontinue this service. The costs per flight (presented in the article) included the costs of fuel, pilots, flight attendants, food, etc., used on the flight. They also included a share of the costs associated with running the hubs at the two airports, such as ticket agents, building charges, baggage handlers, gate charges, etc. Suppose that the revenue collected on the typical United flight from San Francisco to Washington does not cover these costs. Does this fact imply that United should discontinue these flights? Explain.
