Finance Homework Questions & Answers Archive

Find the amount that would need to be saved monthly to prorate the given long-term expenses. Round the final answer to the nearest cent. Homeowner's insurance: 1199 annually; property tax: 3930.22 every 6 months The given long-term expenses would require saving per month. Round to the nearest cent.

An insurance company crashed four cars of the same model at 5 miles per hour. The costs of repair for each of the four crashes were 438, 420, 460, and 220. Compute the mean, median, and mode cost of repair.

1,900 is deposited quarterly for 10 years at 4% per year FV=

Find the amount (future value) of an ordinary annuity of 12 monthly payments at 150 each that earn interest at 10% per year compounded monthly

A soft drink manufacturer wishes to know how many soft drinks adults drink each week. They want to construct a 95% confidence interval for the mean and are assuming that the population standard deviation for the number of soft drinks consumed each week is 1.1. The study found that for a sample of 949 adults the mean number of soft drinks consumed per week is 3.6. Construct the desired confidence interval. Round your answers to one decimal place. Lower endpoint: Upper endpoint

Step 1 of 2: What is the expected value of your bet? Round your answer to two decimal places. Losses must be expressed as negative values.

You deposit 7,500 in a bank account with an annual compound interest rate of 4.9%. Assuming you don't withdraw or deposit any more money, how much will be in the account in 10 years? A. 12,494 B. 12,343 C. 12,212 D. 12,101 E. 12,070

A computer manufacturer estimates that its cheapest screens will last less than 2.8 years. A random sample of 61 of these screens has a mean life of 2.5 years. The population is normally distributed with a population standard deviation of 0.88 years. At a=0.02, can you support the organization's claim using the p-value?

Reibursed in a savings bond for 4 years and was paid annual interest at an annual rate of 2%. The total interest that he earned was 561. How much did he invest?

Net operating income (Average operating assets x Minimum required rate of return) =

3. Which of these statements best explains why it's often a good idea to pay* 1 point more than the monthly amount due on an amortized loan? Every time you pay extra, the lender will reduce the interest rate they're charging by a small amount The extra payment will be applied to the principal amount you owe, which will pay down your debt more quickly The extra payment will be applied to the interest you owe, which will reduce the overall cost of your loan Amortized loans typically have much higher interest rates than credit cards, so they're the best place to put your extra cash

Where must earnings per share be disclosed in the financial statements to satisfy generally accepted accounting principles? On the face of the balance sheet On the face of the income statement On the face of the statement of stockholders' equity In the footnotes to the financial statements

How much money should be deposited today in an account that earns 2.5% compounded monthly so that it will accumulate to 11,000 in 3 years? The amount of money that should be deposited is (Round up to the nearest cent.)

Doodle, Inc. is preparing its statement of cash flows (using the indirect method) for year 20×1. Identify each item below as an operating activity addition to net income; an operating activity subtraction from net income; an investing activity; a financing activity; or an activity that is not used to prepare the cash flows statement. Depreciation expense: [ Select] Purchase of equipment for cash: [ Select ] [ Select ] financing. investing. not used. operating - addition. operating - subtraction.

The annual per capita consumption of bottled water was 31.1 gallons. Assume that the per capita consumption of bottled water is approximately normally distributed with a mean of 31.1 and a standard deviation of 10 gallons. a. What is the probability that someone consumed more than 36 gallons of bottled water? b. What is the probability that someone consumed between 25 and 35 gallons of bottled water? c. What is the probability that someone consumed less than 25 gallons of bottled water? d. 95% of people consumed less than how many gallons of bottled water?

Question 2 (18 points) Ellis Company issues 8.0%, five-year bonds dated January 1, 2021, with a 530,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of 540,871. The annual market rate is 7.5% on the issue date. Required: 1. Compute the total bond interest expense over the bonds' life. (6 points) 2. Prepare an effective interest amortization table for the first year of bonds' life. (6 points) 3. Prepare the journal entries to record the first two interest payments. (6 points)

Determine the effective annual yield for 1 invested for 1 year at 3.9% compounded quarterly. The effective annual yield is %. (Round to the nearest hundredth.)

Find the interest rate for a 9500 deposit accumulating to 11,650, compounded annually for 7 years. The interest rate is %. (Do not round until the final

Which of the following constitutes an acceptance by the buyer? failing to reject the goods within a reasonable time after delivery accepting nonconforming goods asking for inspection of goods upon its arrival not passing the title of the goods to another buyer

You would like to have 800,000 when you retire in 35 years. How much should you invest each quarter if you can earn a rate of 2.7% compounded quarterly? a) How much should you deposit each quarter? Round your answer to the nearest cent. b) How much total money will you put into the account? Round your answer to the nearest cent. c) How much total interest will you earn? Round your answer to the nearest cent.

Question 7, 7.1.13 Jaela Bowman Part 2 of 4 HW Score: 40%, 6 of 15 points Points: 0 of 1 Save Use the sample data and confidence level given below to complete parts (a) through (d). A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n=1070 and x=595 who said "yes." Use a 99% confidence level. Click the icon to view a table of z scores. a) Find the best point estimate of the population proportion p. 0.556 (Round to three decimal places as needed.) b) Identify the value of the margin of error E. E=0.019 (Round to three decimal places as needed.)

Skysong Inc. manufactures cycling equipment. Recently, the company's vice-president of operations has requested construction of a new plant to meet the increasing demand for the company's bikes. After a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing 2,250,000 of 9% term corporate bonds on March 1, 2023, due on March 1, 2037, with interest payable each March 1 and September 1. At the time of issuance, the market interest rate for similar financial instruments is 8%. As Skysong's controller, determine the selling price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5,275.)

Which of the following examples will NOT breach a general partner's duty of limited care? A. intentional misconduct B. reckless behavior C. gross negligence D. ordinary negligence E. known violation of law

An employee pays 475 towards health insurance, while the employer pays 250. What is the ratio of the employers contribution to the employees contribution?

12:24PM Mon Oct 14 myopenmath.com Score: 16.58/117 Answered: 18/117 Question 25 Kyd and North are playing a game. Kyd selects one card from a standard 52-card deck. If Kyd selects a face card (Jack, Queen, or King), North pays him 6. If Kyd selects any other type of card, he pays North 3. a) What is Kyd's expected value for this game? Round your answer to the nearest cent. b) What is North's expected value for this game? Round your answer to the nearest cent. c) Who has the advantage in this game? Select an answer

Middle Industries produces a sensor for use in manufacturing. It produces the sensor in a plant with an annual practical capacity of 75,000 units. The variable cost of the sensor is 185.00 per unit, and the fixed costs of the plant are 12,375,000 annually. Current annual demand is 55,000 sensors. Middle Industries bought the plant because it was close to its other manufacturing facilities and was available for sale when they were searching for a location. Required: a. What cost per sensor should the cost system report to facilitate management decision making? b. What is the cost of excess capacity? c. What cost per sensor would the cost system report if the smallest manufacturing plant that could be built was able to produce 75,000 sensors? What would be the cost of excess capacity?

You work on a proprietary trading desk of a large investment bank, and you have been asked for a quote on the sale of a call option with a strike price of 49 and one year until expiration. The call option would be written on a stock that does not pay a dividend. From your analysis, you expect that the stock will either increase to 72 or decrease to 34 over the next year. The current price of the underlying stock is 49, and the risk-free interest rate is 4% per annum. What is the fair market value for the call option under these conditions? Do not round intermediate calculations. Round your answer to the nearest cent.

Problem 9-15 Calculating Profitability Index [LO7] 1.43 points 8005824 Year Cash r 10 % 0 -815,100 1 10,400 3 9,300 3 5,800 a. What is the profitability index for the set of cash flows if the relevant discount rate is 11 percent? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. b. What is the profitability index for the set of cash flows if the relevant discount rate is 16 percent? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. What is the profitability index for the set of cash flows if the relevant discount rate is 23 percent? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. a. Profitability index b. Profitability index c. Profitability index

Find the interest on the loan using the Banker's rule. P= 825, r=5.2 %, t=120 days The interest on the loan using the Banker's rule is

Find the monthly payment needed to amortize principal and interest for the fixed-rate mortgage. Use either the regular monthly payment formula or the given table. Loan Amount Interest Rate Term 206,500 10% 25 years The monthly payment is (Round to the nearest cent as needed.)

Determine the linear correlation coefficient between compensation and stock return. r= (Round to three decimal places as needed.)

Complete the Balance Sheet of General Aviation Inc. based on the following data. Key Financial Data (2005) 1. Sales totaled 720,000. 2. The gross profit margin was 38.7 percent. 3. Inventory turned 6 times (i.e inventory turnover is 6). 4. There are 360 days in a year. 5. The average collection period was 31 days. 6. The current ratio was 2.35. 7. The total asset turnover was 2.81. 8. The debt ratio was 49.4 percent. 9. Total current assets equal 159,565. please round to the nearest (full) dollar Balance Sheet of General Aviation Inc. As of December 31, 2005

How much would you need to deposit in an account now in order to have 4000 in the account in 15 years? Assume the account earns 8% simple interest. Round your answer to the nearest cent.

Assume the total monthly operating costs of a McDonald's restaurant are: Y= 40,000+ 0.75 X, where X= Number of salad orders and Y= total monthly operating costs. What is the monthly volume at which the average cost per serving is 3.25?

A certificate of deposit has a principal of P dollars and an annual percentage rate of r (expressed as a decimal) compounded n times per year. The balance A in the account is given by [ A=Pleft(1+fracrnright)^N ] where N is the number of compoundings. Use a graphing utility to find the balance in the account. (Round your answer to the nearest cent.) [ P= 5000, r=5 %, n=365, N=1800 ] [ A= ]

You arrive in London with 380. How many pounds can you buy? You can buy pounds with 380. (Simplify your answer. Round to two decimal places as needed.)

Lily Company borrows 61,200 on July 1 from the bank by signing a 61,200, 10%, one-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (b) Prepare the journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually, Record journal entries in the order presented in the problem.)

Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. If interest rates stay at 6% APR and I continue to make my monthly 50 deposits into my retirement plan, I should have at least 40,000 saved when I retire in 35 years. The statement because I will have in my retirement account when I retire in 35 years. (Round to the nearest cent as needed.)

Question 34 (2 points) Gigantic State University raises tuition for the purpose of increasing its revenue so that more faculty can be hired. GSU is assuming that the demand for education at GSU is: 1) decreasing. 2) perfectly elastic. 3) relatively inelastic. 4) relatively elastic. Question 35 (2 points) If the University Chamber Music Society decides to raise ticket prices to provide more funds to finance concerts, the Society is assuming that the demand for tickets is: 1) inelastic. 2) shifting to the left.

Decide whether the following statement makes (or is clearly true) or does not make sense (or is clearly false). Explain. My financial advisor showed me that I could reach my retirement goal with deposits of 244 per month and an average return of 5%. But I don't want to deposit that much of my paycheck, so I'm going to reach the same goal by getting an average annual return of 11% instead. Choose the correct answer below. A. This does not make sense because you cannot choose your own annual rate of return. B. This makes sense because 11% of 244 is greater than 5% of 244. C. This does not make sense because 244 is not a lot of money to earn interest off of. D. This makes sense because an average annual return of 11% is greater than 5%.

Assignment - 7. Automobile Loans Attempt 1 of 10 Use the formula to solve for c. Choose the right answer. Amount Financed (m)= 600 Number of Payments per year (y)=12 Number of Payments (n)=24 APR (0) =18 % c=

An advertising executive claims that there is a difference in the mean household income for credit cardholders of Visa Gold and of MasterCard Gold. A random survey of 8 Visa Gold cardholders resulted in a mean household income of 57,230 with a standard deviation of 9900. A random survey of 18 MasterCard Gold cardholders resulted in a mean household income of 48,920 with a standard deviation of 8400. Is there enough evidence to support the executive's claim? Let μ1 be the true mean household income for Visa Gold cardholders and μ2 be the true mean household income for MasterCard Gold cardholders. Use a significance level of α=0.01 for the test. Assume that the population variances are not equal and that the two populations are normally distributed.

John's bank account was overdrawn. The status of his account was -223. He did not realize the problem and wrote another check for 48. The bank charged him a 18 fee for being overdrawn. What was the new status of John's account at this point?

Use PMT = (P(r/n))/(1-(1+(r/n))^(-nt)). Round to the nearest dollar. Suppose that you borrow 10,000 for four years at 6% toward the purchase of a car. Find the monthly payments and the total interest for the loan. A. 235 ; 11,280 B. 553 ; 16,544 C. 276 ; 13,248 D. 235 ; 1,280

The lower-of-cost-or-net-realizable-value basis of valuing inventories is an example of - consistency. - conservatism. - comparability. - the historical cost principle.

Which of the following inventory classifications is more likely to be handled using a continuous review system? A. C-items B. B-items C. A-items

A print shop borrows 5100 from a credit union for 356 days. The credit union charges simple interest at an annual rate of 6.5% for this loan. Assume each day is 1/365 of a year. Answer each part below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Find the interest that will be owed after 356 days. (b) Assuming the print shop doesn't make any payments, find the amount owed after 356 days.

Use the table to find both the compound amount and the compound interest on 9800 at 2% for 3 years. Interest is compounded semiannually. Click the icon to view the compound interest table. What is the compound amount? (Round to the nearest cent as needed.)

Suppose that the value of a stock varies each day from 9.82 to 24.17 with a uniform distribution. Find the upper quartile; 25% of all days the stock is above what value? (Enter your answer to the nearest cent.)

On January 1, 2026, Red Flash Photography had the following balances: Cash, 21,000; Supplies, 8,900; Land, 69,000; Deferred Revenue, 5,900; Common Stock 59,000; and Retained Earnings, 34,000. During 2026, the company had the following transactions: February 15 Issue additional shares of common stock, 29,000. May 20 Provide services to customers for cash, 44,000, and on account, 39,000. August 31 Pay salaries to employees for work in 2026, 32,000. October 1 Purchase rental space for 1 year, 21,000. November 17 Purchase supplies on account, 31,000. December 30 Pay dividends, 2,900. The following information is available on December 31, 2026: 1. Employees are owed an additional 4,900 in salaries. 2. Three months of the rental space have expired. 3. Supplies of 5,900 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. 5. Prepare closing entries.

Suppose we have a manager of a firm. The manager's assignment has provided cost estimates and the sales department has estimated demand for a new product. Analyze the situation and decide whether to produce the new product. The product has a production cost of 30 and a revenue function R(x) = 50x - 0.5x^2. The manager wants to maximize profit.

A pharmaceutical company receives large shipments of aspirin tablets. The acceptance sampling plan is to randomly select and test 59 tablets, then accept the whole batch if there is only one or none that doesn't meet the required specifications. If one shipment of 7000 aspirin tablets actually has a 5% rate of defects, what is the probability that this whole shipment will be accepted? Will almost all such shipments be accepted, or will many be rejected?

Life Insurance A 38-year-old woman purchases a 200,000 term life insurance policy for an annual payment of 490. Based on a period life table for the U. S. government, the probability that she will survive the year is 0.999051. Find the expected value of the policy for the insurance company. Round to two decimal places for currency problems. The expected value of the policy for the insurance company is S.

Quality Glass currently manufactures windshields for automobiles. Management is interested in outsourcing production of these windshields to a reputable manufacturing company that can supply the windshields for 45 per unit. Quality Glass incurs the following annual production costs to produce 15,000 windshields internally. - Per Unit Total Annual Cost at 15,000 - Variable production costs 8 - Direct materials 10 120,000 - Direct labor 11 150,000 - Applied (and actual) factory overhead 165,000 - Fixed production costs 390,000 - Total production costs 825,000 If the production is outsourced, the costs of variable production and 80 percent of the fixed production will be eliminated. However, the company has to bear 20 percent of the fixed production costs regardless of the decision to outsource or produce internally. Required: a. Perform differential analysis using the format presented in Figure 7.2. Assume making windshields internally is Alternative 1, and buying windshields from an outside manufacturer is Alternative 2. b. Which alternative is best? Explain. c. Summarize the result of outsourcing production using the format presented in Figure 7.3.

The intensive care unit lab process has an average turnaround time of 26.2 minutes and a standard deviation of 1.5 minutes. Further, the nominal value from design specification for this service is 25 minutes +/- 5 minutes. What is the capability index of this production process? 0.84 1.48 1.38 0.94

Heavy costs are associated with the stage of the product life cycle. maturity introduction decline downsizing growth

Susan has a credit card with an APR of 8.8%. For the billing period ending on June 5, average daily balance (ADB) on her credit card was 108.26. What is monthly finance charge for that billing cycle? State your answer in terms of dollars, rounded to the nearest cent, but do not include a sign or the word "dollars" with your response.

Rick Kish has a 100,000 stock portfolio. Thirty-two thousand dollars is invested in a stock with a beta of 0.75 and the remainder is invested in a stock with a beta of 1.38. These are the only two investments in his portfolio. What is his portfolio's beta? a. 1.30 b. 1.36 c. 1.24 d. 1.18

Exercise 10-8 (Algo) Straight-Line: Recording bond issuance and premium amortization LO P3 128 points Wookie Company issues 9%, five-year bonds, on January 1 of this year, with a par value of 104,000 and semiannual interest payments. - Semiannual Period-End - Unamortized Premium - Carrying Value - (0) January 1, issuance - 8,191 - 112,191 - (1) June 30, first payment - 7,372 - 111,372 - (2) December 31, second payment - 6,553 - 110,553 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31. References View transaction list Journal entry worksheet Record the issuance of the bonds on January 1. Note: Enter debits before credits. - Date - General Journal - Debit - Credit - January 01 - - - - Record entry Clear entry View general journal

A house sells for 140,000 and a 20% down payment is made. A mortgage was secured at 4.3% for 25 years. Round to the nearest cent, if necessary. Part 1 of 4 Find the down payment. The down payment is 28,000. Part 2 of 4 Find the amount of the mortgage. The amount of the mortgage is 112,000 Part 3 of 4 Find the monthly payment. The monthly payment is

This type of insurance is for people over the age of 65. a. Medicare b. Medicald c. HSA d. HMO

In the table below, you are given data for the country of Sequoia. Exports 176 Government spending 236 Consumption 500 Imports 144 Gross investment 146 Net foreign factor income -36 Depreciation 82 Taxes on products (net of subsidies) 94 a. The value of GDP at market prices is . b. The value of NDP at basic prices is . c. The value of net national product at basic prices (i.e. national income) .

The standard size foreign exchange transactions are for: 1 million USD 10 million USD 1 million euro 10 million British pound

On December 13, 2007, one Chinese yuan was worth 0.14 U.S. dollars. (a) On that date, how many yuan was 29.11 dollars worth? Round your answer to the nearest hundredth of a yuan. yuan (b) On that date, how many dollars was 191.77 yuan worth? Round your answer to the nearest hundredth of a dollar. dollars

Which of the following improvements are now in effect for patients with private health insurance? - Insurance plan beneficiaries have expanded rights to appeal denials or cancellations. - Payers cannot impose lifetime financial limits on benefits. - Young adults up to age twenty-six can remain as dependents on their parents' private health insurance plan. - Young adults can stay on their parents' private health plan until age twenty-five.

A firm will break even (no profit and no loss) as long as revenue just equals cost. The value of x (the number of items produced and sold) where C(x)=R(x) is called the break-even point. Assume that the below table can be expressed as a linear function. Find (a) the cost function, (b) the revenue function, and (c) the profit function. (d) Find the break-even point and decide whether the product should be produced, given the restrictions on sales. Fixed cost Variable cost Price of item 150 20 25 According to the restriction, no more than 26 units can be sold. (a) The cost function is C(x)= (Simplify your answer.)

What is the price (expressed as a percentage of the face value) of the Treasury bond?

Question 23 (5 points) Which factor is essential for a favorable business environment? Government stability Economic growth Cultural integration Foreign aid

Suppose that corn currently costs 4 per bushel and wheat currently costs 3 per bushel. Also assume that the price elasticity of corn is 0.10, while the price elasticity of wheat is 0.15. For the following questions about elasticities, simply use the percentage changes that are provided rather than attempting to calculate those percentage changes yourself using the midpoint formula. Instructions: In part a, round your answers 701 decimal place. In parts b and c, enter your answers as a whole number. a. If the price of corn falls by 25 percent to 3 per bushel, by what percentage will the quantity demanded of corn increase? percent What will happen if the price of corn falls by 50 percent to 2 per bushel? percent b. To what value would the price of wheat have to fall to induce consumers to increase their purchases of wheat by 5 percent? per bushel c. If the government imposes a 0.40 per bushel tax on corn so that the price of corn rises by 10 percent to 4.40 per bushel, by what percentage will the quantity demanded of corn decrease? percent If the initial quantity demanded is 10 billion bushels per year, by how many bushels will the quantity demanded decrease in response to this tax? million bushels

Special-Order Decision The Cool Can Company manufactures drink kiosies and has been approached by a new customer with an offer to purchase 15,000 units at a per-unit price of 9.00. The new customer is geographically separated from Cool Can's other customers, and existing sales will not be affected. Cool Can normally produces 85,000 units but plans to produce and sell only 65,000 in the coming year. The normal sales price is 16 per unit. Unit cost information is as follows: Direct materials 3.10 Direct labor 2.75 Variable overhead 1.00 Fixed overhead 1.80 Total 8.65 If Cool Can accepts the order, no fixed manufacturing activities will be affected because there is sufficient excess capacity. 1. What are the alternatives for Cool Can? 2. Conceptual Connection: Should Cool Can accept the special order? By how much will operating income increase or decrease if the order is accepted? 3. Conceptual Connection: Briefly explain the significance of the statement in the exercise that "existing sales will not be affected" (by the special sale).

If one of the named insured's autos is involved in a collision and the windshield is shattered, this is a comprehensive only loss a collision only loss a specified cause of loss either a comprehensive or a collision loss, at the insured's option

Find the amount that results from the given investment. 600 invested at 11% compounded quarterly after a period of 2 years After 2 years, the investment results in . (Round to the nearest cent as needed.)

Problem 8-8 (Algo) An initial solution has been given to the following workcenter layout problem. Each location is 180 feet long and 90 feet wide as shown in the following figure. Use the centers of departments for distances and measure distance rectilinearly. For example, the distance between A and B in the initial layout is 180 feet and the distance between A and D is 450 feet. DEPARTMENT A B C D --------------- A 0 10 25 55 B 0 10 5 C 0 15 D 0 90' 180' 180' 180' ------------ A B C D Given the flows described and a cost of 3 per unit per foot, compute the total cost for the layout.

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item Cost Amount of Markup Selling price Percent Markup Based on Cost --- --- --- --- --- --- Bookcase 43.40 24.50 x %

The value of a yen in Japan in November 2013 was given by the equation 1=99.925 yen. a. What was the value of 120 ? b. Pauli saw a shirt marked 3200 yen in November 2013. What was the price in U.S. dollars? a. The value of 120 was yen. (Type an integer or a decimal.) b. The price of the shirt was approximately (Round to the nearest cent as needed.)

The formula to calculate the accounting rate of return is: annual income/average investment annual income/initial investment annual income before tax/average investment

Una empresa de artículos de cocina, tiene una demanda Q=5800-35P y su la oferta es de Q=370+175P, determine el punto de equilibrio (precio y cantidad). A) P: 25.55 y Q: 4835.25 B) P: 25.85 y Q: 4895.25 C) P: 25.65 y Q: 4855.25 D) P: 25.75 y Q: 4885.25

The linear profit function is P(x)=px-37x.

Solve the problem using 6.2%, up to 128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax. Calculate the monthly Social Security and Medicare withholdings (in ) for the employee as the payroll manager for a cargo and freight company. (Round your answers to the nearest cent.) Employee Year-to-Date Earnings Current Month Social Security Medicare Andretti, K. 146,000 14,850

Hi-def: Following are prices of a random sample of 17 smart TVs sold on shopper.cnet.com in 2013 with screen sizes between 46 and 50 inches, along with dotplot of the data. 598, 697, 699, 749, 799, 829, 849, 928, 1050, 1098, 1169, 1198, 1269, 1299, 1399, 1455, 1599 (a) Is it reasonable to assume that the conditions for constructing a confidence interval for the mean price are satisfied? It is reasonable to assume the conditions are satisfied. (b) If appropriate, construct a 95% confidence interval for the mean price of all smart TVs in this size range. Round the answers to two decimal places. A 95% confidence interval for the mean price of all smart TVs in this size range is 884.00 < μ < 1184.24.

You are the payroll manager for a women's apparel company. Your workers are paid per garment sewn on a differential piecework schedule as follows. Pay Level Garments Produced Rate per Garment 1 1-50 4.60 2 51-100 5.25 3 101-150 5.50 4 Over 150 6.10 Calculate last week's total gross pay (in ) for employee "Goodrich, P." who produced 103 garments.

Which of the following statements is TRUE concerning whole life insurance? A. Premiums are tax deductible. B. Policy loans are tax deductible. C. Dividend interest is not taxable. D. Lump-sum death benefits are not taxable.

You have been working at a bank for the last four years, but they recently changed systems, and you had to relearn how to perform every task. After a while, you notice that you cannot remember how you used to perform these tasks using the old system. This is an example of retroactive interference proactive interference overactive retrieval executive retrieval

Suppose that you decide to borrow 15,000 for a new car. You can select one of the following loans, each requiring regular monthly payments. Installment Loan A: three-year loan at 5.9% Installment Loan B: five-year loan at 5.8% Use PMT = P(r/n) / [1 - (1 + r/n)^-nt] to complete parts (a) through (c) below. a. Find the monthly payments and the total interest for Loan A. The monthly payment for Loan A is 455.65. The total interest for Loan A is 1403.39. b. Find the monthly payments and the total interest for Loan B. The monthly payment for Loan B is 288.60. The total interest for Loan B is 2315.95 c. Compare the monthly payments and the total interest for the two loans. Determine which loan is more economical. Choose the correct answer below. A. The three-year loan at 5.9% is more economical. B. The five-year loan at 5.8% is more economical.

Required information Project Y requires a 350,000 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of 1, FV of 1, PVA of 1, and FVA of 1) Note: Use appropriate factor(s) from the tables provided. 2. Determine Project Y's payback period.

How many years will it take for an initial investment of 20,000 to grow to 50,000? Assume a rate of interest of 18% compounded continuously. It will take about years for the investment to grow to 50,000. (Round to two decimal places as needed.)

Last year the price of a Jeep wagon was 16,000. It was announced that this year's price would go up by 1/8 of last year's price. This year the dealer expects to make a profit of 1/9 of the selling price. What is the new car price and what is the profit that a dealer makes on the sale of the Jeep?

Rachael has a job assembling a certain car accessory. Last month she made a total of 424 items. Calculate her gross pay (in ) if she is paid on the following differential piecework schedule. Pay Level Items produced Rate per Item 1 1-160 9.18 2 Over 160 11.21

Mark wants to have enough money invested in his retirement portfolio so that he can earn 30,000 interest each year. If the portfolio pays 8.2% simple interest, how much will he need to have invested in the portfolio?

The life insurance policy clause that prevents an insurance company from denying payment of a death claim after a specified period of time is known as the A. Insuring clause. B. Incontestability clause. C. Misstatement of Age clause. D. Reinstatement clause.

State Bank made a loan at 12% interest for 360 days. If the amount of interest was 934.20, use the ordinary interest method to find the amount of principal borrowed. (Round to the nearest whole dollar)

The total cost of a pair of shoes and a tie was 59.91. If the price of the pair of shoes was 1.11 less than the tie, what was the price of the pair of shoes? Express your answer as a simplified fraction or a decimal rounded to two places.

Steve decided to invite friends over to watch the football game and ordered pizzas. The total bill was 50.81, and he gave the driver a 15% tip. Step 1 of 2: What amount did he give the driver as a tip? Follow the problem-solving process (The short method for calculating 15% tip should be used.) and round your answer to the nearest cent if necessary.

What is the last step in the accounting cycle?

Match the term with its definition. - The rent one pays for the use of money. - Regular payments of a fixed amount made in an account. - The simple interest deducted from the amount of a loan at the time the loan is made. (a) dis (b) eff (c) in (d) al The annually compounded interest rate that would give the same interest as a given loan or investment.

Dante is going to invest to help with a down payment on a home. How much would he have to invest to have 46,900 after 7 years, assuming an interest rate of 1.65% compounded annually? Do not round any intermediate computations, and round your final answer to the nearest dollar. If necessary, refer to the list of financial formulas.

Multiple Choice. The heights of adults in one town have a mean of 66.8 inches and a standard deviation of 3.5 inches. What is the percentage of adults in this town have heights between 56.3 and 77.3 inches? Circle your answer. (a) The percentage is at most 75% (b) The percentage is at least 75% (c) The percentage is at most 89% (d) The percentage is at least 89%

Which of the following goods probably has the highest price elasticity of supply? a) antique chairs b) baseball stadiums c) golf courses d) blue pencils

Felix is purchasing a brownstone townhouse for 2,800,000. To obtain the mortgage, Felix is required to make a 16% down payment. Felix obtains a 30-year mortgage with an interest rate of 7.5%. a) Determine the amount of the required down payment. b) Determine the amount of the mortgage. c) Determine the monthly payment for principal and interest. a) Determine the amount of the required down payment. b) Determine the amount of the mortgage. c) Determine the monthly payment for principal and interest. (Round to the nearest cent.)

Question 14 (Mandatory) (2 points) Interest rates generally vary with the term of the debt. The relationship is known as the maturity structure of interest rates. True False Question 15 (Mandatory) (2 points) The initial sale of a security is a primary market transaction. Subsequent sales between investors are in the secondary market. True False

A promissory note received from a customer in exchange for an account receivable is recorded by the payee as: Multiple Choice A cash equivalent. An account receivable. A note receivable. A short-term investment. A note payable.

If the Federal Reserve sells government securities to banks, it is engaging in monetary policy expansionary contractionary

A landscaping company charges 48 per cubic yard of mulch plus a delivery charge of 29. Find a linear function which computes the total cost C (in dollars) to deliver x cubic yards of mulch. C(x)=

Type your answer in the space provided. You may show all of your work in the space provided, or do your work on paper and upload it after the exam. For this problem, you will calculate the expected value for a renter's insurance policy. Here are the facts: - A family of four pays 229 per year for the renters insurance policy (covers the cost of damage and lost items due to theft, fire, etc.). - The average amount of money that the insurance company has to pay when someone files this type of insurance claim is 7000. - The probability that they will not need to use this policy during the year is 0.9754.

Suppose the price-demand and cost functions for the production of cordless drills is given respectively by p=0.03 x+15 and C(x)=89 x+5587, where x is the number of cordless drills that are sold at a price of p dollars per drill and C(x) is the cost of producing x cordless drills. Find the profit function, P(x).

If the odds on a bet are 38:1 against, what is the probability of winning? Express your answer as a fraction. Answer How to enter your answer (opens in new window)

Money market funds are yielding almost nothing Last month, the interest rate on a money fund averaged 0.08% a year and on 5 -year CDs it was 2.6% a year. The inflation rate was 0.1% a year. USA Today, August 12, 2009 To maintain these real interest rates in the coming months, how will these nominal rates change if the inflation rate increases to 0.2 percent a year? To maintain these real interest rates in the coming months, the nominal interest rate will if the inflation rate increases to 0.2 percent a year. A. increase by 0.1 percent on the 5 -year CD and decrease by 0.1 percent on the money fund B. increase on both assets by 0.1 percent C. decrease on both assets by 0.1 percent D. increase by 0.1 percent on the money fund and decrease by 0.1 percent on the 5 -year CD E. remain constant on both assets

Suppose that you decide to borrow 17,000 for a new car. You can select one of the following loans, each requiring regular monthly payments. Installment Loan A: three-year loan at 5.5% Installment Loan B: five-year loan at 5.8% Use PMT = (P(r/n))/(1-(1+(r/n))^(-nt)) to complete parts (a) through (c) below. a. Find the monthly payments and the total interest for Loan A. The monthly payment for Loan A is (Do not round until the final answer. Then round to the nearest cent as needed.)

To plan for retirement, Latoya deposits 107 each month in an annuity that pays 7.2% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 26 years. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas.

Find the compound interest and future value. Round your answers to the nearest cent. Do not round intermediate steps. Principal 530, Rate 4.35%, Compounded Quarterly, Time 2 years The future value is , and the compound interest is .

Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 71.2 Mbps. The complete list of 50 data speeds has a mean of 17.41 Mbps and a standard deviation of 20.12 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? a. The difference is Mbps. (Type an integer or a decimal. Do not round.)

Transfers as a percent of federal spending, 1950: 21.9% Transfers as a percent of federal spending, 2016: 48.7% Calculate the percent increase of federal transfer spending and overall federal spending from 1950 to 2016. Round your answers to the nearest percent. Percent increase in federal transfer spending, 1950 to 2016: Percent increase in federal spending, 1950 to 2016:

A liquid-dispensing machine has been designed to fill bottles with 1.0 liter of liquid. The standard deviation of the process is 0.1 liter. A control chart is shown. The chart has horizontal lines drawn at the mean, μ, at μ ± 2σ, and at μ ± 3σ. Determine if the process shown is in control or out of control. Explain. Liquid Dispenser Is the process in control or out of control? Choose the correct answer below. A. Out of control, because two out of three consecutive points lie more than two standard deviations from the mean. B. Out of control, because a point lies more than three standard deviations from the mean. C. Out of control, because there are nine consecutive points either above or below the mean. D. In control, because none of the three warning signals detected a change.

A financial analyst constructs a statistical model to represent the market shares of several similar companies. She then collects data over the next month to evaluate her model. At the end of the month, she finds that for one of the companies, the difference between her model and the data is 5%. She decides to collect data for an additional two months. If her model is valid, what could she expect from the total data collected after three months? A. The difference between the data and the model will stay the same. B. The difference between the data and the model will get larger. C. The difference between the data and the model will get smaller. D. It is impossible to predict how the difference between the data and the model will change.

What is the total mortgage for a 140,000 purchase, a 20% down payment, and the closing costs shown in the table? Credit Report - 600.00 Loan origination fee - 1% Attorney and notary - 400.00 Documentation stamp - 0.50% Processing Fee - 200.00 [?]

Receivable 7000 Payable 6000 Expense 6000 Repairs Expense 900 Truck 8000 Equipment 11,000 Notes Payable 26,000 Cash 8000 Supplies 11,000 Expense 26,000 Service Revenue 7500 Gasoline Expense 1200 Calculate the net income.

Match the straight-line depreciation term to the respective definition. cost depreciation expense for the year residual value useful life The cost less residual value of an asset allocated equally over its useful life. The salvage value of the asset at the end of its useful life. The asset's estimated usefulness in years. The amount paid for the asset.

Find the equivalent earnings for the salary indicated. What is the annual salary equivalent to a monthly salary of 3139.76 ? 37677.12 What is the biweekly salary equivalent to a monthly salary of 3139.76 ? 1449.12 What is the semimonthly salary equivalent to a monthly salary of 3139.76 ? 1569.88 What is the weekly salary equivalent to a monthly salary of 3139.76 ?

Homework Chapter 13 Part 2 of 5 Points: 0 of 1 For the following stock investment, find (a) the total purchase price, (b) the total dividend amount, (c) the capital gain or loss, (d) the total return, and (e) the percentage return. Ignore broker and SEC fees. Number of shares Purchase price per share Dividend per share Sale price per share 70 50 2 111 (a) What is the total purchase price? 3500 (b) What is the total dividend amount?

If total liabilities increased by 9000, then - assets and owner's equity each increased by 4500. - assets must have decreased by 9000. - owner's equity must have increased by 9000. - assets must have increased by 9000, or owner's equity must have decreased by 9000.

Question 6 On January 14, Edamame Industries purchased supplies of 700 on account. The entry to record the purchase will include a debit to Supplies Expense and a credit to Accounts Receivable. a debit to Supplies and a credit to Accounts Payable. a debit to Supplies and a credit to Cash. a debit to Accounts Receivable and a credit to Supplies.

And randomly sampled group of patients at a major U.S. regional hospital became part of a nutrition study on dietary habits. Part of the study consisted of a 50-question survey asking about types of foods consumed. Each question was scored on a scale from one: most unhealthy behavior, to five: most healthy behavior. The answers were summed and averaged. The population of interest is the patients at the regional hospital. A prior survey of patients had found the mean score for the population of patients to be μ=2.9. After careful review of these data, the hospital nutritionist decided that patients could benefit from nutrition education. The current survey was implemented after patients were subjected to this education, and it produced these sample statistics for the 15 patients sampled: x̄=3.3 and s=1.2. We would like to know if the education improved nutrition behavior. We test the hypotheses H0: μ=2.9 versus Hα: μ>2.9.

At April 1, 2022, Spiderland Company reported a balance of 20,000 in the Retained Earnings account. Spiderland Company earned revenues of 50,000 and incurred expenses of 32,000 during April 2022. The company paid dividends of 10,000 during the month. What is the balance in Retained Earnings on the April 30, 2022, post-closing trial balance? 12,000 28,000 18,000 10,000

Annette Michaelson will need 19,000 in 8 years to help pay for her education. Determine the lump sum, deposited today at 3.5% compounded monthly, will produce the necessary amount.

Solve the given inequality. (4a+5)/3 - (5a-7)/4 > a+8 Enter the solution set in interval notation:

The autonomous consumption expenditures and autonomous investment expenditures in an economy are 250 and 350, respectively. It is also observed that individuals spend 70% of their additional income on consumption. Write down the consumption function for this economy using the information provided above. (Round your response for the intercept term to the nearest whole number and for the slope term to one decimal place.) C=250+0.70 Y Write down the aggregate expenditure function for this economy using the information provided above. (Round your response for the intercept term to the nearest whole number and for the slope term to one decimal place.) AE=

On December 1, a company pays 3,600 for a 36-month insurance policy. After one month, accrual accounting requires (100 / 3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, (100 / 3,600) of insurance expense would be reported at the time of purchase.

Chapter 2 Homework Question 1 - Chapter 2 Homework Trial Balance and Financial Statements The company purchased 1,000 of additional office supplies on credit. Note: Enter debits before credits. Date Account Title Debit Credit April 29 Office supplies 1,000 Accounts payable 1,000

Andrew paid 30 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. He was willing to pay 45. When Andrew's friend Nick learns that Andrew bought a potato cannon, he asks Andrew if he will sell it for 60, and Andrew agrees, since he would have sold it for 45. Nick is thrilled, since he would have paid Andrew up to 80 for the cannon. Andrew is also delighted. What is Andrew's producer surplus from the resale? Select one: a. 15 b. 20 c. 30 d. 50

Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. Fabric was bought at X-mart, because their price of 5 per square foot was better than Y-mart's price of 14 per square yard.

How Many Apps for Your Smartphone? A random sample of n=461 smartphone users in the US in January 2015 found that 355 of them have downloaded an app. Of the n=355 smartphone users who had downloaded an app, the average number of apps downloaded was 19.7. (c) Give the value of the best estimate. Best estimate =

If a price floor is set above the equilibrium price in a market the quantity demanded will exceed the quantity supplied. the quantity supplied will exceed the quantity demanded. rationing will be unnecessary.

Find the finance charge on an unpaid balance of 1999.40 in a revolving charge account if the monthly interest rate is 1.5%.

For Case (C) above, what is the Beginning Balance (BB) ? Multiple Choice 12,120 14,340 2,160 16,500

Two banks are offering different loan opportunities. Bank A offers a loan that charges 3.1965% interest compounded daily (excluding leap years). Bank B offers a loan that charges 3.2131% interest compounded quarterly. Determine the APY for each to decide which is offering a better loan. Round your answers to 4 decimal places. Enter your answers with 4 decimal places (using zeros if needed) and don't forget to include a percent sign, %, in your answers. APY for Bank A=

Outback Outfitters sells a small camp stove for 100 per unit. Variable expenses are 70 per unit, and fixed expenses total 150,000 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume the fixed expenses remain unchanged.) 3. At present, the company is selling 16,000 stoves per month. The sales manager is convinced a 10% reduction in the selling price would result in a 25% increase in unit sales. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of 74,000 per month?

Decision analysis. After careful testing and analysis, an oil company is considering drilling in two different sites It is estimated that site A will net 30 million if successful (probability .4) and lose 3 million if not (probability .6); site B will net 70 million if successful (probability . 3 ) and lose 6 million if not (probability . 7 ). Which site should the company choose according to the expected return from each site?

Three-circle, red-on-white is one distinctive pattern painted on ceramic vessels of the Anasazi period found at an archaeological site. Suppose that at one excavation, a sample of 161 potsherds indicated that 70 were of the three-circle, red-on-white pattern. (a) Find a point estimate p^- for the proportion of all ceramic potsherds at this site that are of the three-circle, red-on-white pattern. (Round your answer to four decimal places.) (b) Compute a 95% confidence interval for the population proportion ρ of all ceramic potsherds with this distinctive pattern found at the site. (Enter your answer in the form: lower limit to upper limit. Include the word "to." Round your numerical values to three decimal places.)

Frank has always dreamed of opening a café by the seaside. He decides he will save to help open the café by depositing money in an ordinary annuity at 6.6% interest, compounded quarterly. Deposits will be made at the end of each quarter. How much money will he need to deposit into the annuity each quarter for the annuity to have a total value of 25,000 after 7 years? Do not round intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas.

Elijah was recently hired for a job with an annual income of 58,000. Using the federal income rate of 15%, what amount should Elijah expect to pay in federal income tax?

What are the three most common types of handguns? A Rifles, pistols, and revolvers B Single-shot, rifles, and pistols (C) Single-shot, revolvers, and semi-automatics D Single-shot, rifles, and semi-automatics

Unit sales of wearable, miniature action-capture cameras are reliably projected to grow slower in North America and Latin America than in EuropeAfrica and the Asia-Pacific throughout Years 6-15. 4.5%-6.5% annually in North America during Years 6-10, slowing to 2.5%-4.5% annually during Years 11-15. faster in the Asia-Pacific region than in Latin America during both Years 6-10 and Years 11-15. 6-8% annually in Latin America in Years 6-10, slowing to 4-6% annually during Years 11-15. faster in North America than in Europe-Africa during the entire Year 6-Year 15 period.

Pittman Framing's cost formula for its supplies cost is 1,190 per month plus 19 per frame. For the month of November, the company planned for activity of 617 frames, but the actual level of activity was 609 frames. The actual supplies cost for the month was 12,500. The spending variance for supplies cost in November would be closest to: Multiple Choice 413 U 261F 413F 261U

The Speedy Max Taxi Company estimated, on the basis of collected data, that the number of taxi miles driven each day can be modeled by the function Q(L) = 435L^0.5, when they employ L drivers per day. (a) How many taxi miles are driven each day if there are 12 drivers employed? (b) Graph the function.

In economics, the term capital refers to A. financial resources used by businesses to hire resources. B. the process of raising funds through the sale of stocks and bonds. C. the difference between a firm's assets and its liabilities. D. physical capital, such as machinery, that is used to produce other goods.

According to the American Red Cross, 10.6% of all Connecticut residents have Type B blood. A random sample of 25 Connecticut residents is taken. X the number of CT residents that have Type B blood, of the 25 sampled. What is the standard deviation of the random variable X ? √2.3691 √1.84 √2.2099 √2.229975 √2.427975 √2.269975

Adames Corporation has two manufacturing departments-Cutting and Forming. The company used the following information at the beginning of the year to calculate predetermined overhead rates: - Estimated total direct labor-hours (DLHs): Cutting 6,000, Forming 23,000 - Estimated total machine-hours (MHs): Cutting 13,500, Forming 2,800 - Estimated total manufacturing overhead cost (fixed and variable): Cutting 732,000, Forming 247,000 During the most recent month, Adames started and completed one job. There were no beginning inventories. Information concerning the completed job is as follows: - Direct materials: Cutting 82,600, Forming 12,300 - Direct labor cost: Cutting 11,600, Forming 31,000 - Actual machine-hours: Cutting 1,700, Forming 140 - Actual direct labor-hours: Cutting 480, Forming 1,500 Assume that the company uses separate departmental predetermined overhead rates with the Cutting Dept using machine-hours as the allocation base and the Forming Dept using direct labor-hours. 1. Calculate the predetermined overhead rates for the Cutting and Forming departments separately (round to the nearest cent). 2. Using the departmental rates, calculate the total manufacturing overhead that would be applied to the job. 3. Calculate the cost per unit for the job if the job included 1,250 units (round to the nearest cent). 4. If the company had instead used one plantwide overhead rate, would you expect the job cost to be more or less accurate than what you calculated above?

Four financial statements are usually prepared for a business: The statement of cash flows is usually prepared last. The statement of owner's equity (OE), the balance sheet (B), and the income statement (I) are prepared in what order? a. B, OE, I b. OE, I, B c. I, OE, B d. I, B, OE

Isabel received a 1300 bonus. She decided to invest it in a 3-year certificate of deposit (CD) with an annual interest rate of 1.31% compounded monthly. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) Assuming no withdrawals are made, how much money is in Isabel's account after 3 years? (b) How much interest is earned on Isabel's investment after 3 years?

You are the manager of a camera store. Use the advertisement to answer the questions. (Round dollars to the nearest cent and percents to the nearest whole %.) CyberShooter 2400 199.99 PowerShooter 1800 129.99 (a) If the CyberShooter 2400 has a cost of 172.50, what is the amount of the markup? (b) What is the percent markup based on cost? (c) If the PowerShooter 1800 marked up by the same percent as the CyberShooter 2400, what is its cost? (d) If the PowerShooter 1800 is marked up by 30% based on cost, what is the cost? (e) What is the cost of the PowerShooter 1800 if the percent markup based on cost is 25%?

Alonzo invested in a savings bond for 5 years and was paid simple interest at an annual rate of 2%. The total interest he earned was 75. How much did he invest?

Rogério, gestor da papelaria Papel e Componentes de Impressão Ltda, precisava pagar seus fornecedores de papel sulfite. Sendo assim, foi necessário pedir um empréstimo à financeira Dom Bosco no valor de RS 580,00 para pagamento em 8 meses a uma taxa de 15% ao mês. Sabendo disso, determine o valor total pago de juros. A) RS 696,00 B) R 604,00 C) RS 816,00 D) RS 884,00 E) RS 746,00 CAnterior

Construct a 95% confidence interval estimate for the difference between two population means based on the following information: Population 1 Population 2 barx1=355 barx2=320 sigma1=50 sigma2=40 n1=50 n2=80

FONSECA. R. F. Matemática Financeira. Patos de Minas. UNIPAM, 2016. Tendo ciência de como proceder os cálculos dos juros simples e sabendo que Mariana promoveu a captação de um recurso financeiro com a sua colega Flávia no valor de R 12000,00 e prometeu efetuar o pagamento em 4 meses a uma taxa de 2% ao mês de juros simples, determine o valor total a ser pago de juros na operação. A) R 96,00 B) R 9600,00 C) RS 960,00 D) RS 12096,00 E) RS 12960,00

Wells Technical institute (WTI) provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of December 31 follows, along with descriptions of items a through that require adjusting entries on December 31. Additional Information items a. An analysis of WTI's insurance policies shows that 2,807 of coverage has expired. b. An inventory count shows that teaching supplies costing 2,433 are available at year-end. c. Annual depreciation on the equipment is 11,227. d. Annual depreciation on the professional library is 5,614. e. On September 1, WTI agreed to do five training courses for a client for 2,400 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid 12,000 cash in advance for all five training courses on September 1, and WTI credited Unearned Revenue. f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, 7,798 of the tuition revenue has been earned by WTI. g. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of 100 per day for each employee. h. The balance in the Prepaid Rent account represents rent for December.

Prorate the following expenses and find the corresponding monthly expense. During one year, Saul takes 15 credit hours for each of three quarters. Tuition and fees amount to 620 per credit-hour. Textbooks average 390 per quarter.

The table below shows the demand and supply for the World Cup Final game in the Lusail Stadium in Qatar. Price () per ticket Quantity Demanded 1 Quantity Supplied Quantity Demanded 2 ------------ 150 149,000 109,000 200 139,000 109,000 250 129,000 109,000 300 119,000 109,000 350 109,000 109,000 400 99,000 109,000 450 89,000 109,000 a. If the organizers wish to ensure a sell out for the final game, the highest price per ticket they can charge is . b. If the organizers decided to charge a price of 200 per ticket, there would be a (Click to select) v of . c. Suppose that the demand for each game in the qualifying rounds is 20,000 less than for the final game. In the table above, show the demand for a qualifying round game in the column titled Quantity Demanded 2. d. If the organizers wish to ensure a sell out for each qualifying round game, the highest price per ticket they can charge is .

Mario's Home Systems has sales of 2,820, costs of goods sold of 2,160, inventory of 504, and accounts receivable of 430. How many days, on average, does it take Mario's to sell its inventory? Assume a 365-day year.

A corporation's capital structure is comprised of debt, preferred stock, and common stock. The risk-free rate of interest is 4.5 percent, the common stock beta is 0.65, and the market risk premium is 8.5 percent. If the percentage of common equity in the corporation's capital structure is 20 percent and the percentages of preferred stock in the corporation's capital structure is equal to the percentage of the corporation's capital structure in debt, the percentage of preferred stock in the corporation's capital structure is percent.

Find the cash value of the following lottery jackpot. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rate. 14,000,000 jackpot, 6% interest, 20 annual payments (Round to the nearest dollar as needed.)

A couple will retire in 40 years; they plan to spend about 31,000 a year in retirement, which should last about 20 years. They believe that they can earn 7% interest on retirement savings. a. If they make annual payments into a savings plan, how much will they need to save each year? Assume the first payment comes in 1 year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual savings 1,645.07 b. How would the answer to part (a) change if the couple also realize that in 15 years they will need to spend 61,000 on their child's college education? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual savings 1,534.33

An alternative way to write the accounting equation would be: Assets + Equity = Liabilities Assets - Liabilities = Equity Assets + Liabilities = Equity Equity = Liabilities - Assets

An effective annual rate must be greater than an annual percentage rate. (A) True (B) False

d) is a method for calculating changes in real GDP which uses an early base year and a late base year.

The Ivanhoe Corporation's December 31, 2026 year-end trial balance contained the following income statement items: Sales revenue 6,705,000 Interest revenue 73,400 Gain on sale of investments 53,500 Cost of goods sold 4,208,000 Selling expense 348,800 Administrative and general expense 950,700 Interest expense 28,100 Research and development expense 593,000 Income tax expense 149,000 Calculate the company's operating income for the year using a single-step income statement format.

It costs £87.50 to buy 7 coats. How much does it cost to buy 10 coats? Give your answer in pounds (£).

Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2006 and last year. Organization 2006 Last Year --------- Organization 1 460 450 Organization 2 247 236 Organization 3 142 159 Organization 4 124 168 Organization 5 95 156 Organization 6 18 41 Organization 7 2 3 Part: 0 / 3 Part 1 of 3 Compute the least-squares regression line for predicting last year's budget from the 2006 budget. Round the slope and y-intercept to four decimal places as needed. The equation for the least-squares regression line is ŷ = .

Question 3 If expenses are paid in cash, then liabilities will decrease. stockholders' equity will increase. assets will increase. assets will decrease.

False

The two liquid products that Tampa Chemical makes - TC1 and TC2 - yield excessive amounts of three different pollutants: P1, P2, and P3. The state government has ordered the company to install and to employ antipollution devices. The following table provides the current daily emissions of each of the three pollutants, in kg / 1000 liters of product (kilograms per 1000 liters), and the maximum of each pollutant allowed in kg. Pollutant TC1 TC2 MAXIMUM ALLOWED P1 20 35 40 P2 10 15 20 P3 80 60 50 The manager of the Production Department has approved the installation of two antipollution devices. The emissions from each product can be handled by either device in any proportion. (The emissions are sent through a device only once, that is, the output of one device cannot be the input to the other or back to itself.) The following table shows the percentage of each pollutant from each product that is removed by each device. Device1 Device2 POLLUTANT TC1 TC2 TC1 TC2 P1 40 35 30 20 P2 60 60 0 0 P3 50 50 60 85 For example, if the emission from TC1 is sent through Device 1, 40% of pollutant P1, 60% of pollutant P2, and 50% of pollutant P3 are removed. Manufacturing considerations dictate that TC1 and TC2 be produced in the ratio of 1 to 2. Formulate a single LP model to determine a plan that maximizes the total daily production (amount of TC1 plus amount of TC2) while meeting governmental requirements.

Karen deposits 10,000 into an account that pays simple interest at a rate of 2% per year. David deposits 10,000 into an account that also pays 2% interest per year. But it is compounded annually. Find the interest Karen and David earn during each of the first three years. Then decide who earns more interest for each year. Assume there are no withdrawals and no additional deposits.

A PRIMARY advantage of a limited payment policy over a continuous premium whole life policy is that a limited payment policy A. is a nonparticipating contract paying higher dividends than a continuous pay policy. B. guarantees renewability. C. includes nontaxable dividends. D. allows the policyowner to pay for the entire policy in a shorter period of time.

What is a bond's current yield?

Effect of Price on Demand for Tires Suppose the quantity demanded weekly of the Super Titan radial tires is related to its unit price by the equation [ p+x^2=289 ] where p is measured in dollars and x is measured in units of a thousand. How fast is the quantity demanded weekly changing when x=10, p=189, and the price per tire is increasing at the rate of 2 / week nearest tire.)

Avicenna, an insurance company, offers five-year commercial property insurance policies to small businesses. If the holder of one of these policies experiences property damage in the next five years, the company must pay out 26,500 to the policy holder. Executives at Avicenna are considering offering these policies for 497 each. Suppose that for each holder of a policy there is a 2% chance they will experience property damage in the next five years and a 98% chance they will not. (If necessary, consult a list of formulas.) If the executives at Avicenna know that they will sell many of these policies, should they expect to make or lose money from offering them? How much? To answer, take into account the price of the policy and the expected value of the amount paid out to the holder. Avicenna can expect to make money from offering these policies. In the long run, they should expect to make dollars on each policy sold. Avicenna can expect to lose money from offering these policies. In the long run, they should expect to lose dollars on each policy sold. Avicenna should expect to neither make nor lose money from offering these policies.

Ticketsales, Incorporated, receives 5,520,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one-fourth of the advance ticket sales. Ticketsales, Incorporated initially records prepaid and unearned items in balance sheet accounts. View transaction list Journal entry worksheet 1 2 Record the cash receipt in advance of concerts. Note: Enter debits before credits. Date General Journal Debit Credit October 31

Andy operates a shoe-shining business as a sole proprietorship, and he also collects a salary from another employer. During 2022, Andy paid a total 2,000 in tax preparation fees, of which 1,500 was related to his shoe-shining business. How much of these costs can Andy deduct in 2022? 0. Tax preparation fees are not deductible. 1,500 as a FOR AGI deduction. 1,500 as a FROM AGI deduction. 2,000 as a FROM AGI deduction.

Question 3 of 14 Step 1 of 1 - Save Exit Certify Lesson 6.3 Borrowing Money Suppose you wish to borrow 600 for four weeks and the amount of interest you must pay is 20 per 100 borrowed. What is the APR at which you are borrowing? Answer: (How to enter your answer (opens in new window)) % Keyword Shortcuts

If the price of oil goes up by 50% and the quantity demanded goes down by 25%, the absolute value of the price elasticity of demand is 0.75 . 0.50 . 0.25 . 1.00 .

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