Question

Which of the following would be the best scenario for a company and why:

1. Revenue of $100 and COGS of $35

2. Revenue of $200 and COGS of $120

Answer #1

1. Revenue = $ 100

Cost of goods sold = $ 35

Gross profit = revenue - cost of goods sold

Gross profit = $ 65.

Gross margin percentage = (65/100)x100

Gross margin percentage = 65%

2. Revenue = $ 200

Cost of goods sold = $ 120

Gross profit = $ 80

Gross margin percentage = (80/200) x 100

Gross margin percentage = 40%.

The first case is having a greater gross margin percentage than second case and hence first case would be the best scenario.

SUMMARY:

First case is having more gross margin percentage than second case and hence first case will be best suitable one.

For each data scenario, decide which measure of central tendency
would best describe the data and why. Consider the scale of
variable measurement and the shape of the distribution.
a. The scores of 50 Grade 6 students on the Math subtest of a
standardized test.
b. The type of car chosen by 120 new car buyers.
c. The salaries of all employees (including CEO’s) of a large
company

Based on this table which wine is the best. why?
Rank it from the worst to the best and explain.
Wine
Sugar, g
Yeast, g
Juice, g
W-1
50
3
200
W-2
100
1
200
W-3
100
3
200

Question 1
An equilibrium in best responses is called a _________
equilibrium.
Monopoly
Nash
Total Revenue
Perfectly Competitive
Question 2
If a player with three possible strategies, call them {Up,
Middle, Down}, always plays Middle then...
Middle is strictly dominant
Down is strictly dominant
Up is strictly dominant
Middle is strictly dominated
Question 3
Mary
Left
Right
Julia
Up
($150, $100)
($200, $0)
Down
($160, $100)
($175, $150)
What is the Nash Equilibrium?
(175,150)
(150,100)
(200,0)
The is no Nash...

Which radiation detector would be best employed for the
following situation and why?
Measurement for a three-month period of the exposure to staff
adjacent to an x-ray room.

Which radiation detector would be best employed for the
following situation and why?
Nuclear medicine laboratory survey for trace contamination.

Determine which test to use for the following scenarios and
explain why.
Scenario 1: You want to assess how the type of student
employment (part-time and full time) influences students’ GPA.
Scenario 2: You want to assess how the type of major
(psychology, engineering, and biology) influences the amount of
time students spent studying.

Which detector would be best employed for the following
situation and why?
Situation: Measuring exposure rate in a gamma field from several
different radionuclides.

Base question 26 on the following information:
2018 2019 2020
Revenue 800 856 899
COGS 500
Gross Profit 300
**Assume that 2018, $300 of COGS was variable and $200 was
fixed**
26.) Assuming revenue growth in 2020 was driven by 4% volume
growth and 1% price increase, what would be gross profit in 2020?
Show your work

Which depreciation method is the best method for a company to
use? Why?

2. For each of the following scenarios, determine which market
model best describes the scenario. Then identify the number of
firms, the type of product, and the ease with which new firms can
enter the market under this market structure.
a. Hundreds of colleges serve millions of students each year.
The colleges vary by location, size, cost, and educational quality,
which enables students to match schools to their diverse
preferences
b. Dozens of companies produce plain white socks. The standard...

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