Finance Homework Questions & Answers Archive

Which bond gives the issuer the right to redeem them prematurely? A) Callable bonds B) Puttable bonds C) Convertible bonds D) Zero-coupon bonds

Exam 2 Question 44 of 50 This test 60 point(s) possible This question 1 point(s) possible Project A Project B Time 0 -10,000 -10,000 Time 1 5,000 4,000 Time 2 4,000 3,000 Time 3 3,000 10,000 If WiseGuy inc is choosing one of the above mutually exclusive projects (Project A or Project B), given a discount rate of 9%, which should the company choose? A. Project A B. Project B C. Neither project - both have negative NPV. D. Both projects - both have positive NPV.

Aaron inc. has 327 million shares outstanding. It expects earnings at the end of the year to be 5623 million. The firm's equity cost of capital is 10%. Aaron pays out 50% of its earnings in total: 30% paid out as dividends and 20% used to repurchase shares. If Aaron's earnings are expected to grow at a constant 6% per year, what is Aaron's share price? A. 11.91 B. 2381 C. 35.72 D. 47.62

Keisha is taking out an amortized loan for 81,000 to open a small business and is deciding between the offers from two lenders. She wants to know which one would be the better deal over the life of the small business loan, and by how much. Answer each part. Do not round intermediate computations, and round your answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) A savings and loan association has offered her a 10 -year small business loan at an annual interest rate of 11.2%. Find the monthly payment. (b) Her credit union has offered her a 8 -year small business loan at an annual interest rate of 10.9%. Find the monthly payment. (c) Suppose Keisha pays the monthly payment each month for the full term. Which lender's small business loan would have the lowest total amount to pay off, and by how much? Savings and loan association The total amount paid would be less than to the credit union. Credit union The total amount paid would be less than to the savings and loan association.

Rachel plans to purchase a new sports car. The dealer requires a 10% down payment on the 45,000 vehicle. Rachel will finance the rest of the cost with a fixed-rate amortized auto loan at 3.5% annual interest with monthly payments over 6 years. Complete the parts below. Do not round any intermediate computations. Round your final answers to the nearest cent if necessary. If necessary, refer to the list of financial formulas. (a) Find the required down payment. (b) Find the amount of the auto loan. (c) Find the monthly payment.

According to a report, the average length of stay for a hospital's flu-stricken patients is 5.5 days, with a maximum stay of 16 days, and a recovery rate of 97%. An auditor selected a random group of 178 of the hospital's flu-stricken patients. The average stay of the audited patients was 4.8 days, their maximum stay was 14 days, and their recovery rate was 95%. (a) For the hospital audit, identify the population and the sample. Population: All the hospital's flu-stricken patients Sample: The auditor's random group of 178 of the hospital's flu-stricken patients

Why did the U.S. dollar became important to economies around the world in the mid-20th century? A. Businesses were required to use U.S. dollars when buying foreign goods. B. Countries began tying the value of their currency to the U.S. dollar. C. Most countries replaced their own currency with the U.S. dollar. D. The U.S. dollar was the first example of a government creating a fiat currency.

Multiple Choice - Profile 1 - Microsoft Edge https://my.xcelsolutions.com/scorm/defaultui/player/modern.html?configuration=Cost%7C0%21Credit%7C0%21CustomerID%7C0%21DuplicatefromID%7CO%21ExistingCourselD%7CO%211sR. Menu 万) X C E L Progress 45 % Insurance Training, culs Multiple Choice An insurer has the right to recover payment made to the insured from the negligent party. These rights are called A. O estoppel B. © indemnity C. contributory D. 0 subrogation Submit Certification Exam: Florida Life and Health Pre-licensing

A security analyst working for a large financial institution became concerned about a security incident that could compromise sensitive customer information. As part of the incident response process, their team conducted a tabletop exercise to identify areas for improvement in the incident response plan. What is the purpose of reviewing lessons learned after a security incident? To gather forensic evidence To simulate a real-world security incident To train staff members on incident response procedures To identify weaknesses in the incident response plan

Miles and Nick each separately apply for and receive loans worth 5,000 apiece. Miles has a very good credit score, so his loan has an APR of 7.75%, compounded monthly. Nick's credit score is rather low, so his loan has an APR of 13.10% interest, compounded monthly. If both of them repay their loans over a four year period, making equal monthly payments based on their own loan, how much more will Nick have paid than Miles? (Round all dollar values to the nearest cent.) a. 619.68 b. 267.50 c. 1,609.57 d. 1,070.00 Please select the best answer from the choices provided

Computing the average daily balance, interest, and balance for a credit... Here is Ravi's credit card statement for the month of November. Date Transaction Transaction amount --------- November 1 Beginning balance 1400.25 November 13 Purchase 64.07 November 20 Purchase 480.70 November 23 Payment 450.00 (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in November. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance. Date Transaction Transaction amount Unpaid balance Number of days at that balance Unpaid balance x Number of days ------------------ November 1 Beginning balance 1400.25 1400.25 12 days (from November 1 through November 12) 16,803.00 November 13 Purchase 64.07 1464.32 days (from November 13 through November 19) November 20 Purchase 480.70 3 days (from November 20 through November 22) November 23 Payment 450.00 8 days (from November 23 through November 30) Total: 30 days Total:

What are some advantages of having a high credit score?

If the total market value of a company's stock were calculated as 140 million and the total market value of the company's debt were calculated as 40 million, then the combined value would be 180 million. Calculate the firm's financing percent. 1) 78 % 2) 87 % 3) 22 % 4) 29 %

Question 14 A fitness center is interested in finding a 98% confidence interval for the mean number of days per week that Americans who are members of a fitness club go to their fitness center. Records of 231 members were looked at and their mean number of visits per week was 2.3 and the standard deviation was 1.9. Round answers to 3 decimal places where possible. a. To compute the confidence interval use a ? distribution. b. With 98% confidence the population mean number of visits per week is between ? and ? visits. c. If many groups of 231 randomly selected members are studied, then a different confidence interval would be produced from each group. About ? percent of these confidence intervals will contain the true population mean number of visits per week and about ? percent will not contain the true population mean number of visits per week.

In order to start a small business, a student takes out a simple interest loan for 9000 for 9 months at a rate of 12.25%. a. How much interest must the student pay? b. Find the future value of the loan. a. The amount of interest is 826.88. (Round to the nearest cent as needed.) b. The future value of the loan is 9826.88. (Round to the nearest cent as needed.)

Find the total of the areas under the standard normal curve to the left of z₁=-2.575 and to the right of z₂=2.575. Round your answer to four decimal places, if necessary.

Which of the following is NOT required on every insurance application sold in Florida? A. Agent's name B. Address and phone number of the agent C. Agent's license number D. Insurer's name

What is the total amount of money being added to the account in the table of deposits shown below? - Deposits Amount - Incoming ACH 1700.52 - Incoming Phone Transfer 23.81 - Incoming App Transfer 57.85 - Check Mobile Deposit 18.12 [?] Round to the nearest cent.

David is a policy owner in a mutual insurance company and had purchased life insurance for 25 per 1,000 of face amount. The company did very well this year and declared a dividend of 3. How does David receive this? As cash As credit towards the next premium payment As credit on the premium statement As stock in the company

Startech Surveillance Services had the following adjustments as of the end of the year (i) (Click the icon to view the adjustments.) 1. For each situation, indicate which category of adjustment (deferral or accrual) is described. 2. Journalize the adjusting entry needed. 1. For each situation, indicate which category of adjustment (deferral or accrual) is described. Adjustment Category of adjustment a. b. c. d. e. Adjustments a. Equipment amortization was 1,500. b. 700 of advertising expense was incurred but not paid. (Use Advertising Payable.) c. Office Supplies on hand at the end of the year totalled 250. The beginning balance of Office Supplies was 600. (Assume no office supplies were purchased during the period.) d. 1,200 of rent revenue was earned but not recorded or received. e. Unearned revenue of 3,000 had been earned.

These are property taxes that must be paid for the sale to go through. Property taxes after the purchase are. transfer fees Cost of is removing old buildings, trees, etc is raising parts of the land to make it flat. is lowering parts of the land to make it flat. The Cost of Land is by the amount of cash received from selling salvaged materials. The cost of Land does not include:

Health Insurance Payments How much money will a patient using this insurance plan have to pay for a 4,700 medical bill from an emergency room visit? Health Insurance Plan Deductible 2,000 Co-insurance 20% Out-of-pocket max 5,000 Emergency copay 300 Primary copay 20 [?] Submit Answer

What is the present value (PV) of an investment that pays 100,000 every year for four years if the interest rate is 8% APR, compounded quarterly? A. 428,256 B. 395,313 C. 362,370 D. 329,428

Question 7.10 Incorrect name to register transportation purchases that use business smart card has been input. Patient Admin's name was used instead of Alex Admin. Bus1 cumulated down credits Jan 1, 2020 96,000 Bus2 119,000 Bus3 cumulated down credits Jan 1, 2021 90,000 Acquired Cost Value Method 1 Jan 1,2020 96,000 5 2 Jan 1,2020 119,000 4 3 Jan 1,2021 90,000 5 For calculating corporate taxes, the company uses tax double-declining for the first 2 years and straight-line method for the remaining 3 years. Assume that buses are expected to be kept for 5 years. All buses get zero return at the end of their useful lives. Compute the accumulated depreciation on all buses at December 31, 2022. Assume all buses are purchased on January 1. BUS1 BUS2 BUS3

e.com/courses/9262/quizzes/29438/take/questions/702707 N1203-O001 Principles of M You started this quiz near when it was due, so you won't have the full amount of time to take the quiz. The Final Exam Started: Jan 3 at 11:10pm Quiz Instructions Question 27 If marginal revenue slopes downward, which of the following is true? The firm must decrease its price to sell a larger quantity. The firm must decrease its price if it wants to continue selling the same quantity. The firm is unable to adjust price when the quantity sold changes. The firm must increase its price to sell a larger quantity. Previous Not saved Search

Maria invests 8,000 in a ban Maria's account balance at th 9,504.80 9,440.00 8,720.00 8,018.00

All of the following statements about the regulation of the sale of variable products are correct, EXCEPT: Agents who sell variable life products are required to comply with all state laws and regulations dealing with the sale of life insurance. Many states also require a state-issued variable life or variable producer's license. The sale of variable products is regulated by the Financial Industry Regulatory Authority (FINRA). Agents who only sell variable life products and do not sell fixed life products are not required to hold a life insurance license.

UNIT 4 - CHALLENGE 4.1: Depreciation Using double declining balance depreciation, the book value of the machine at the end of year two will be a.) 360,000 b.) 486,000 c.) 540,000 d.) 426,000

Wanda owns a book store and needed to compute her inventory. She had 600 books on the floor and another 300 in the storeroom. She also had 45 electronic readers on the floor and 25 in the storeroom. Each book costs 15 and each electronic reader costs 250. Using the weighted average cost method, the cost of each item being sold is -. a.) 31.96 b.) 192.86 c.) 132.50 d.) 19.44

Which of the following is an example of perpetual inventory? a.) A jewelry store's computer system updates inventory electronically after each sale. b.) A butcher shop updates its inventory each night after closing. c.) A car dealership updates its inventory with a physical count of each car on the lot. d.) A bookstore updates inventory records at the end of each quarter.

When Mary is determining how a withdrawal from her mutual fund account will be taxed, A) the withdrawal if considered earnings first, cost basis last (LIFO) B) the withdrawal is considered cost basis first, earnings last (FIFO) C) she must calculate the cost basis of each share liquidated D) she can use the actual cost basis of the shares liquidated or she can use the average cost basis of all the shares in the account

Goran is taking out a mortgage for 253,000 to buy a new house and is deciding between the offers from two lenders. He wants to know which one would be the better deal over the life of the mortgage loan, and by how much. Answer each part. Do not round intermediate computations, and round your answers to the nearest cent. If necessary, refer to the list of financial formulas. (a) His credit union has offered him a 30-year mortgage loan at an annual interest rate of 5.2%. Find the monthly payment. (b) A bank has offered him a 40-year mortgage loan at an annual interest rate of 3.7%. Find the monthly payment. (c) Suppose Goran pays the monthly payment each month for the full term. Which lender's mortgage loan would have the lowest total amount to pay off, and by how much? Credit union The total amount paid would be less than to the bank. Bank The total amount paid would be less than to the credit union.

There is a 0.9985 probability that a randomly selected 31-year-old male lives through the year. A life insurance company charges 188 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out 120,000 as a death benefit. Complete parts (a) through (c) below. a. From the perspective of the 31-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving? The value corresponding to surviving the year is -188. The value corresponding to not surviving the year is 119,812. (Type integers or decimals. Do not round.) b. If the 31-year-old male purchases the policy, what is his expected value? The expected value is (Round to the nearest cent as needed.)

In a state's Pick 3 lottery game, you pay 1.29 to select a sequence of three digits (from 0 to 9), such as 355. If you select the same sequence of three digits that are drawn, you win and collect 353.37. Complete parts (a) through (e). a. How many different selections are possible? 1000 b. What is the probability of winning? 0.001 (Type an integer or a decimal.) c. If you win, what is your net profit? 352.08 (Type an integer or a decimal.) d. Find the expected value. (Round to the nearest hundredth as needed.)

Burt takes out a loan for 15,000 from his local bank with a simple fixed interest rate of 7.5%. How much interest will he have paid after 8 years? Select one: a. 7100 b. 12,000 c. 24,000 d. 9,000

A credit card company claims that the mean credit card debt for individuals is greater than 4,900. You want to test this claim. You find that a random sample of 37 cardholders has a mean credit card balance of 5,178 and a standard deviation of 625. At α=0.10, can you support the claim? Complete parts (a) through (d) below. Assume the population is normally distributed. (c) Find the standardized test statistic L. t= (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. A. Reject H₀ because the test statistic is not in the rejection region. B. Fail to reject H₀ because the test statistic is not in the rejection region. C. Fail to reject H₀ because the test statistic is in the rejection region. D. Reject H₀ because the test statistic is in the rejection region.

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Problematic Beneficiary Designations, 3rd Edition Online Certification Exam 00:00:53 Test ld: 323249456 Question #1 of 25 Question ID: 594353 Valentina and Nicholas are concerned about estate taxes depleting assets for their children. They are considering the use of an irrevocable life insurance trust (ILIT) as the owner and beneficiary of their life insurance policies. If they tran fer ownership to an ILIT at least 3 years prior to their deaths, what effect will their decision have? A) Removes the value of the insurance proceeds from the estate of the owner B) Makes insurance policy proceeds taxable as a gift to the trust C) Confers qualified plan status on life insurance, making all benefits subject to ordinary income tax upon distribution D) Prevents heirs from fighting over the money because they are not the beneficiaries Next Previous Check for Review Friday, January 3, 2025 2:29 PM Kaplan, Inc. All Rights Reserved. Privacy Policies • Terms Conditions • Contact Information

A Homeowners policy is in force with a 2000 deductible. A severe windstorm damages a large oak tree in the customer's front yard. One large limb is blown onto the roof of the customer's dwelling and a wood patio furniture set. The customer submitted the following items for reimbursement: 350 to remove the limb from the roof, 375 to cut the tree limb up and haul it away, 200 reduction in value of the tree due to loss of limb, and 2359 to repair the roof. The patio furniture was damaged beyond repair. The customer submitted a quote to replace the patio furniture with like kind and quality for 1000. The patio furniture was two years old and the customer stated it was in average condition for its age. Wood patio furniture has an expected life of ten years. What is the cause of loss?

Henry took out a loan for 7500 and was charged simple interest at an annual rate of 4.7%. The total interest he paid on the loan was 141. How long was the loan for, in days? Assume that there are 365 days in a year, and do not round any intermediate computations. If necessary, refer to the list of financial formulas. days

Se quiere estimar el salario de un trabajador en función de los años de experiencia laboral y los años de educación. Se tomó una muestra de 15 trabajadores con los siguientes datos: Salario (en miles de pesos) Experiencia (en años) Años de educación --- --- --- 550 16 7 482 9 10 721 16 11 365 10 9 735 9 5 500 8 10 565 9 8 610 10 14 486 11 16 555 8 10 820 10 12 662 12 15 748 8 18 648 6 16 653 11 14 Utilizando un modelo de regresión lineal para analizar la relación entre el salario en función de la experiencia y los años de educación. ¿Cuál es el valor del estadistico de prueba de Durbin-Watson para este modelo de regresión? (A) 1,226 (B) 2.806 (C) 2.278 (D) 2,721 (E) 1,410

Supervisor: "The company will match your 401(k) contributions up to the first 6% of your salary." Employee: "That's great! I make 25,000, and contribute 150.00 per month. That means my total contributions including those made by the company will be per month!" 150.00 156.00 275.00 300.00 1,500.00

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Around Square, Incorporated had an ROI of 12.5%, turnover of 5.0, and sales of 8 million for the year. Around Square's margin for the year was: Multiple Choice 1,600,000 25% 4.0% 1,000,000

According to previous studies, the mean distance each visitor in Greenspan National Park hikes during their visit is 21 kilometers. The park recently introduces a shuttle system, which is used to transport hikers to many of the park's most popular hiking trails. Because of this, an administrator at the park supposes the mean distance, μ, is now less than 21 kilometers. The administrator chooses a random sample of 85 visitors. The mean distance hiked for the sample is 19.1 kilometers. Assume the population standard deviation is 9.1 kilometers. Can the administrator conclude that the mean distance hiked by each visitor is now less than 21 kilometers? Perform a hypothesis test, using the 0.10 level of significance. (a) State the null hypothesis H0 and the alternative hypothesis H1. (b) Perform a Z-test and find the p-value. Here is some information to help you do your Z-test: - The value of the test statistic is given by (x̄ - μ) / (σ / sqrt(n)), - The p-value is the area under the curve to the left of the value of the test statistic.

(2) XCEL Multiple Choice ACEO's personal assistant suffered injuries at home and as a result, was unable to work for four months. Which type of policy will pay a monthly benefit to the personal assistant? A.O Key Employee B. O Disability Income C. O Business Overhead Expense D. O Major Medical Submit Pearson Vue - Other Insurance Concepts Review Exam Previous Next Search

If a project has multiple IRRs, which of the following is true? The project should be rejected. The project may have a positive NPV between the IRRs. Only the highest IRR should be considered. NPV cannot be calculated for this project.

If Project A and Project B have the same total cash flows but Project A receives them earlier, how will their IRRs likely compare? Both projects will have the same IRR. It's impossible to determine without more information. Project B will likely have a higher IRR. Project A will likely have a higher IRR.

Nathan wants Haley to purchase a life insurance policy from him. Haley says that at the point in her life she can't afford that kind of investment. Nathan offers her a 300 bonus in exchange for her agreeing to purchase a life insurance policy from him. He does not include any reference to the bonus in the insurance policy. Which of the prohibited practices did Nathan commit? Misrepresentation Fraud Rebating Bribery

Which debt repayment method begins with arranging your debts by interest rate from highest to lowest, making the minimum payment for all debts, and paying off the loan with the highest interest rate first? Select one: a. conglomeration b. consolidation c. the snowball method d. the avalanche method

Cuando una persona compra un seguro de monto S, la utilidad esperada se calcula como: (A) U=U(W-S) (B) U=U(S) (C) U=U(W+S) (D) U=U(W)

Below is a decision table for Gregor's Tennis School. Director Gregor Anderson is considering expanding his school to accommodate the potential increased interest in youth tennis lessons, camps, and teams. The decision table below describes his situation. Decision Table Alternatives High Demand Moderate Demand Low Demand -------------------------------------------------------- Add a new building 50,000 7,500 -45,000 Extend hours for existing building 10,000 5,000 -4,000 Do Nothing 0 0 0 What is the estimated payoff for adding a new building during high demand?

What is the basic function of an annuity? A. The guarantee of a specific sum of money to a designated beneficiary upon the death of the insured B. The accumulation of funds to pay for life insurance premiums during retirement years C. The protection against loss of income due to partial or total disability D. The systematic liquidation of accumulated funds Submit

Dillon DeMarco is considering opening a small Italian bakery in the nearby mall, close to the Italian section of the city. He has chosen a good location where he believes there will be interest in the bakery. However, Dillon is unsure how much interest there will be and is trying to decide whether to open a small, medium or large shop. It really depends on what the economy is like in the next year whether people are able to spend their money on his Italian delicacies. Based on the latest financial reports, there is a 40% probability for a strong economy, 40% probability for an average economy and 20% probability for a bad economy. The potential payoffs for a small, medium or large shop for a given year are shown in the decision table. Decision Table - Alternatives: Strong Economy, Average Economy, Bad Economy - Small Shop: 30,000, 19,000, 30,000 - Medium Shop: 55,000, 49,000, 44,000 - Large Shop: 90,000, 67,000, 49,000 - Probabilities: 0.40, 0.40, 0.20 Calculate the Expected Monetary Values (EMV) for each alternative.

FIN310 Graded Project: Corporate Finance Payment Number Payment Amount 5% Interest Expense Principal Balance Annual Interest Expense ------------------ 0 500,000.00 - 1 2,684.11 2,083.33 600.78 499,399.22 2 2,684.11 2,080.83 603.28 498,795.94 ..break in the sequence. -

FIN310 Graded Project: Corporate Finance First, you'll need to create a loan amortization schedule in the downloaded Excel spreadsheet. Create the table on the tab named "Part 2 Loan Amortization Sched." The following table illustrates the payments and interest amounts for a fixed-rate, 30-year, 500,000 mortgage, at a five-percent interest rate. The monthly payment will be 2,684.11. Payment Number Payment Amount 5% Interest Expense Principal Balance Annual Interest Expense --- --- --- --- --- --- 0 500,000.00

Question 7 1 pts ( 05.02 MC ) The number of lattes sold daily by two coffee shops is shown in the table. Shop A Shop B ------ 55 36 52 40 50 34 47 39 51 44 48 41 53 40 53 38 Based on these data, is it better to describe the centers of distribution in terms of the mean or the median? Explain. - Mean for both coffee shops because the data distribution is symmetric - Median for both coffee shops because the data distribution is not symmetric - Mean for shop B because the data distribution is symmetric; median for shop A because the data distribution is not symmetric - Mean for shop A because the data distribution is symmetric: median for shop B because the data distribution is not symmetric

A financial practitioner is expected to play many roles in an increasingly complex retirement scenario. Which of the following is NOT one of those roles? A) Analyze risk tolerance B) Establish client's objectives C) Review retirement plans D) Solve problems

Find the future value of the annuity due. Round to the nearest cent. Find the future value of an annuity due of 7500 made at the beginning of each semiannual period for 6 years at 8% compounded semiannually.

Compute the monthly payments for an add-on interest loan of 990, with an annual interest rate of 7% and a term of 5 years. The monthly payment is . (Round to the nearest cent as needed.)

Multiple Choice Question Poppy Corporation has a current ratio of 2.0 and a quick ratio of 1.6 . Poppy purchases additional inventory for cash. Which of the following occurs? The current ratio will remain the same. The current ratio will decrease. Working capital decreases. The quick ratio will increase.

Knitline Inc. produces high-end sweaters and jackets in a single factory. The following information was provided for the coming year. Sweaters Jackets Sales 210,500 451,400 Variable cost of goods sold 144,200 196,500 Direct fixed overhead 24,700 48,400 A sales commission of 4% of sales is paid for each of the two product lines. Direct fixed selling and administrative expense was estimated to be 20,400 for the sweater line and 49,500 for the jacket line. Common fixed overhead for the factory was estimated to be 46,000. Common selling and administrative expense was estimated to be 13,400. Required: 1. Prepare a segmented income statement for Knitline for the coming year, using variable costing. 2. Suppose that next year, all revenues and costs are expected to remain the same except for direct fixed overhead expense, which will go up by 13,280 for one of the product lines due to costs related to new equipment. Does it matter which line (sweaters or jackets) requires the new equipment? Why?

Select all that apply On November 1, Year 1, ABC Corp. borrowed 100,000 cash on a 1-year, 6% note payable that requires ABC to pay both principal and interest on October 31, Year 2. The journal entry on November 1, Year 1 would include which of the following? Debit to Interest Expense 6,000 Credit to Note Payable 106,000 Credit to Note Payable 100,000 Debit to Cash 100,000

Repairs and maintenance expenditures that benefit future periods are capitalized as an asset. True or False

Select all that apply Which of the following are expenditures for assets subsequent to acquisition? Additions Freight charges Improvements Repairs and maintenance

Digitalis is a technology company that makes high-end computer processors. Their newest processor, the luteA, is going to be sold directly to the public. The processor is to be sold for 3200, making Digitalis a profit of 384. Unfortunately, there was a manufacturing flaw, and some of these luteA processors are defective and cannot be repaired. On these defective processors, Digitalis is going to give the customer a full refund. Suppose that for each luteA there is a 12% chance that it is defective and an 88% chance that it is not defective. If Digitalis knows it will sell many of these processors, should it expect to make or lose money from selling them? How much? To answer, take into account the profit earned on each processor and the expected value of the amount refunded due to the processor being defective. Digitalis can expect to make money from selling these processors. In the long run, they should expect to make dollars on each processor sold. Digitalis can expect to lose money from selling these processors. In the long run, they should expect to lose dollars on each processor sold. Digitalis should expect to neither make nor lose money from selling these processors.

Which of the following could not have caused the increase in demand indicated in Exhibit 17-4? a. new firms located on the river b. consumers wanted to buy more of the good produced by the polluters c. the pollution was discovered to be more hazardous than had previously been supposed d. the cost of pollution abatement equipment rose

A couple deposits 25,000 into an account earning 5% annual interest for 20 years. Calculate the future value of the investment if the interest is compounded quarterly. Round your answer to the nearest cent.

Question 5 If supply decreases along a given demand curve, a. an excess quantity demanded will be created, increasing the equilibrium price and causing equilibrium quantity to fall b. an excess quantity supplied will be created, lowering the equilibrium price and causing equilibrium quantity to rise c. an excess quantity supplied will be created, lowering the equilibrium price and quantity d. price will fall, shifting the demand curve outward, raising the equilibrium quantity e. an excess quantity demanded will be created, raising the equilibrium price and quantity

A company has the following information on its balance sheet. Cash: 10,000 Accounts receivable: 15,000 Inventory: 20,000 Total current assets: 45,000 Accounts payable: 5,000 Deferred revenue: 6,000 Total current liabilities: 11,000 Calculate the company's quick ratio. 3.20 2.09 3.11 2.27

From an economic perspective, which of the following causes inefficiencies? quotas production trade accounting

Multiple Choice A group of subscribers establishes insurance through indemnity agreements. What type of insurer is involved here? A. A self-insurer B. A reciprocal insurer C. A surplus lines insurer D. A domestic insurer Submit

Which of the following bond types guarantees performance? A. Fidelity B. Municipal C. Surety D. Barry

When an account is blocked, the funds must be placed in a non-interest-bearing segregated account under the name of OFAC until the sanctions are rescinded. True False

When must the Loan Estimate be provided to the borrower? A. 30 days prior to closing B. Within three business days of application C. Within three days after closing D. At closing

A deposit of 1200 is added to an account that earns 5% interest, compounded annually. Each year, an additional deposit of 1200 is added to the account. What is the value of the account after the tenth total deposit if no withdrawals or additional deposits are made?

Considering the information in the general journal shown here, which of the following is the correct percent of credit sales that are uncollectible? 7 % 9% 2% 5%

If 10,000 is invested at 6% annual interest compounded yearly, what is the account balance after 4 years, assuming no additional deposits or withdrawals are made? a.) 12,689.86 b.) 12,704.89 c.) 12,624.77 d.) 12,667.70

Aiken Cellular has done some research and believes it can be competitive by selling a smartphone for 800, that it plans to manufacture. If Aiken desires a 45% profit on the smartphone, what is the target cost of manufacturing the new smartphone? a.) 650.00 b.) 360.00 c.) 440.00 d.) 800.00

K applies for a life insurance policy on herself and submits the initial premium with the application. She receives a receipt stating that coverage begins immediately if the application is approved. What kind of receipt was used? A. Initial Premium B. Binding C. Conditional D. Contingent

Which of the following statements represents a correct and sequentially accurate economic explanation? Business taxes rise, investment falls, total expenditures on goods and services falls, AD rises, and the AD curve shifts rightward. The dollar depreciates, net exports rise, total expenditures on goods and services rises, AD rises, and the AD curve shifts rightward. The interest rate falls, consumption rises, total expenditures on goods and services rises, AD rises, and the AD curve shifts rightward. b and c a, b, and c

Each suspicious activity report (SAR) must be filed within how many days of the initial determination for the necessity of filing the report? A) 30 days B) 130 days C) 90 days D) 120 days

Which of the following information will not require a journal entry to the CTR company books? Outstanding checks 27,369 Wire transfer fee 75 Fee of 45 for NSF check Check printing charge 136

Which of the following is a benefit of online banking? A company's book balance will always equal the bank's balance. The business can reconcile to the bank's balance at any time. The business can reduce their internal controls over cash receipts. The bank reconciliation is not necessary.

A client is considering Viatical settlements. The insured has certain estate need. What should he not do? - Explore other sources of funds - Check with his insurer to determine if his policy contains an accelerated benefits provision - Have the company exchange it for a long term care policy - See if the company will issue a traditional life insurance policy

Find the interest earned. Assume 3 frac12 % interest compounded daily. Assume a non-leap year. Amount Date Deposited Date Withdrawn Interest Earned ------------ 6500 February 12 April 21

4. Eighty-five percent of Americans favor spending government money to develop alternative sources of fuel for automobiles. For a random sample of 120 Americans, find the mean, variance, and standard deviation for the number who favor government spending for alternative fuels. Round answers to the nearest hundredth.

1. What advantages do the mutual funds offer compared to the company stock? 2. Assume that you invest 5 percent of your salary and receive the full 5 percent match from East Coast Yachts. What EAR do you earn from the match? What conclusions do you draw about matching plans? 3. Assume you decide you should invest at least part of your money in large-capitalization stocks of companies based in the United States. What are the advantages and disadvantages of choosing the Bledsoe Large Company Stock Fund compared to the Bledsoe SP 500 Index Fund? 4. The returns on the Bledsoe Small-Cap Fund are the most volatile of all the mutual funds offered in the 401 (k) plan. Why would you ever want to invest in this fund? When you examine the expenses of the mutual funds, you will notice that this fund also has the highest expenses. Does this affect your decision to invest in this fund? 5. A measure of risk-adjusted performance that is often used is the Sharpe ratio. The Sharpe ratio is calculated as the risk premium of an asset divided by its standard deviation. The standard deviations and returns of the funds over the past 10 years are listed here. Calculate the Sharpe ratio for each of these funds. Assume that the expected return and standard deviation of the company stock will be 16 percent and 58 percent, respectively. Calculate the Sharpe ratio for the company stock. How appropriate is the Sharpe ratio for these assets? When would you use the Sharpe ratio? Assume a 3.2 percent risk-free rate.

1. The Mertzs have a 30-year mortgage on the purchase of their home. The mortgage on the loan was for 789,465, with a 6.33% APR for 30 years. (Do not round any numbers until your final answer. Round the final answer to the nearest cent.) (a) Find the monthly payment.

Nelson Agholor purchased fishing gear from a store in South Carolina where the tax rate is 6.9%. He purchased a spinning combo rod and reel for 56.39, 4 spinner baits at 4.97 each, 4 lures for 5.42 each, and a landing net for 21.47. What is the sales tax on the purchase?

920 is invested in an account earning 7% interest (APY), compounded continuously. Write a function showing the value of the account after t years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY) to the nearest hundredth of a percent.

b) We cannot determine the firm's level of profit because we do not know about its revenues. c) It is earning negative economic profit. d) It is earning zero economic profit. e) Because this is the short run, all firms earn positive economic profit.

A stock can be valued by using the formula if the stock pays a constant annual dividend. - fixed coupon bond present value - present value of an annuity due - payout ratio - present value of an ordinary annuity - perpetuity present value

Find the total monthly payment, including taxes and insurance, for the following loan. Amount of Loan Interest Rate Term of Loan Annual Taxes Annual Insurance Monthly Payment ------------------ 97,000 7% 10 years 1,250 540 Complete the table below. Amount of Loan Interest Rate Term of Loan Annual Taxes Annual Insurance Monthly Payment ------------------ 97,000 7% 10 years 1,250 540 (Simplify your answer. Round to the nearest cent as needed.)

Present Value of Bonds Payable; Premium Moss Co. issued 42,000,000 of five-year, 11% bonds, with interest payable semiannually, at a market (effective) interest rate of 9%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar.

Jeanette took home a net pay of 1,100 on her paycheck this week. She worked 40 hours during this specific pay period and had deductions that totaled 100, what is her hourly rate of pay? Choose one · 4 points 40 per hour 20 per hour 25 per hour 30 per hour

Pregunta 3 10 pts A partir de los siguientes datos de la economía de un país en (unidades monetarias): Consumo privado: 20.511; gasto público: 3.320 ; formación bruta de capital fijo: 8.051 ; variación de inventarios: 473; exportaciones: 9.167 ; importaciones: 9748 ; impuestos indirectos: 4.399 ; consumo de capital fijo (depreciación): 2.889 ; ingresos del resto del mundo: 1.241; transferencias externas netas: 221. Las exportaciones netas son: -581. 9.167. 10.629. 881. Pregunta 4 10 pts ¿Se puede decir que la inflación medida por el IPC es: Igual a la inflación medida por el deflactor del PIB?

Consider the following loan. Complete parts (a)-(c) below. An individual borrowed 81,000 at an APR of 3%, which will be paid off with monthly payments of 384 for 25 years. a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount. The amount borrowed is 81000, the annual interest rate is 3%, the number of payments per year is 12, the loan term is 25 years, and the payment amount is 384. b. How many total payments does the loan require? What is the total amount paid over the full term of the loan? There are 300 payments toward the loan and the total amount paid is 115200. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest? The percentage paid toward the principal is (Round to the nearest tenth as needed.) %.

You can afford monthly payments of 800. If current mortgage rates are 2.08% for a 15-year fixed rate loan, how much can you afford to borrow? If you are required to make a 10% down payment and you have the cash on hand to do it, how expensive a home can you afford? (Hint: You will need to solve the loan payment formula for P.) How much can you afford to borrow? (Round to the nearest dollar as needed.)

An employer will do a 50% match on your investment to a 401 k retirement plan. If you decide to contribute a monthly amount of 220, how much should be in the account after 15 years? The interest rate is fixed at 2.05%.

Question 12 of 17 (2 points) Question Attempt: 1 of Unlimited 1 2 3 4 5 6 7 8 9 Internet service: An Internet service provider sampled 545 customers, and finds that 65 of them experienced an interruption in high-speed service during the previous month. Part: 0 / 3 Part 1 of 3 (a) Find a point estimate for the population proportion of all customers who experienced an interruption. Round the answer to at least three decimal places. The point estimate for the population proportion of all customers who experienced an interruption is .

Government saving equals A government purchases of goods and services plus transfer payments less taxes B taxes less government expenditures C taxes D government purchases of goods and services less taxes

Use PMT = P(r/n) / [1 - (1 + r/n)^(-nt)] to determine the regular payment amount, rounded to the nearest dollar. Your credit card has a balance of 5200 and an annual interest rate of 12%. You decide to pay off the balance over three years. If there are no further purchases charged to the card, a. How much must you pay each month? b. How much total interest will you pay? a. The monthly payments are approximately b. The total interest paid over 3 years is approximately (Round to the nearest dollar as needed.)

Use the 2021 marginal tax rates in the table to compute the tax owed by the person with the given filing status and taxable income single with a taxable income of 52,000. The tax owed is (Type an integer or a decimal. Round to the nearest cent as needed.)

Which of these is NOT a requirement to obtain an insurance agent license in Georgia? A. Be at least 18 years of age B. Be of good character C. Graduate High school D. Submit the application with fees

A shoe store uses a 50% markup for all of the shoes it sells. What would be the selling price of a pair of shoes that has a wholesale cost of 63? The selling price would be . (Round to the nearest cent as needed.)

Cn 19 P 19-64 Required information Problem 19-64 (LO 19-5) (Algo) Jefferson Millinery Incorporated (JMI) decided to liquidate its wholly owned subsidiary, 8 Miles High Incorporated (8MH). 8 MH had the following tax accounting balance sheet Note: Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Adjusted Tax FMV Basis Cash 249,750 249,750 Building 61,250 16,250 45,000 Land 188,500 113,500 75,000 Total 499,500 379,500 120,000 Problem 19-64 Part c (Algo) c. What is JMI's adjusted tax basis in the building and land after the complete liquidation?

Jen loaned Barry 14,380 at an interest rate of 8% for 2 years. How much will Barry pay Jen at the end of 2 years? Round your answer to the nearest cent, if necessary.

Churning, the loss of customers to a competitor, is especially a problem for telecommunications companies. Market researchers at a telecommunications company collect data from a sample of 5,526 subscribers. Of 2,750 basic subscribers selected, 868 churned in the last month. Of 2,776 premium subscribers selected, 856 churned in the last month. Complete parts (a) through (c). a. At the 0.05 level of significance, is there evidence of a difference in the proportion of basic and premium subscribers who churned? Let group 1 be the basic subscribers, and let group 2 be the premium subscribers. State the null and alternative hypotheses. Choose the correct answer. A. H0: π1 = π2 B. H0: π1 ≠ π2 H1: π1 ≠ π2 C. H0: π1 ≥ π2 D. H0: π1 < π2 H1: π1 < π2 H1: π1 ≥ π2 E. H0: π1 > π2 F. H0: π1 ≤ π2 H1: π1 ≤ π2 H1: π1 > π2

Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: - 20Y4 20Y3 - Current assets 1,586,250 1,210,000 - Current liabilities 705,000 550,000 a. Determine the working capital and current ratio for 20 Y 4 and 20 Y 3. Round current ratio to 2 decimal places. - 20Y4 20Y3 - Working capital - Current ratio b. Does the change in the current ratio from 20 Y 3 to 20 Y 4 indicate a favorable or an unfavorable change?

Question 6 The Specific Identification Method is the most precise. True False Question 7 If the terms for a sale are FOB Shipping Point, the buyer pays the freight. True False Question 8 If the terms for a sale are FOB Shipping Point, the seller pays the freight. True False

Suppose that your income is 25,000 per year and you receive a cost-of-living raise each year. If inflation is constant at 8.3% annually, in how many years will you be making 30,900 per year? Round your answer to the nearest whole number.

Investments increase exponentially by about 15% every 2 years. If you start with a 500 investment, how much money would you have after 40 years?

Future Value or Compound Amount of 1.00

Find the compound amount for the deposit and the amount of interest earned. 440 at 6.6% compounded semiannually for 15 years The compound amount after 15 years is (Do not round until the final answer. Then round to the nearest cent as needed.) The amount of interest earned is (Do not round until the final answer. Then round to the nearest cent as needed.)

According to one study, the average American shower lasts for 8.2 minutes and uses 17.2 gallons of water. A person showers once a day for a year. Find the total cost per year. Round to the nearest dollar per year.

Use PMT = (P(r/n))/(1-(1+(r/n))^(-nt)) to determine the regular payment amount, rounded to the nearest dollar. The price of a home is 134,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 10%. Complete parts (a) through (e) below. a. Find the required down payment.

The formula A=Pe^(rt) describes the accumulated value, A, of a sum of money, P, the principal, after t years at annual percentage rate r (in decimal form) compounded continuously. Complete the table for a savings account subject to continuous compounding. Amount Invested Annual Interest Rate Accumulated Amount Time t in Years 8000 10% Double the amount invested ? t ≈ years (Do not round until the final answer. Then round to one decimal place as needed.)

The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's future value A, or the total amount due at time t. P= 7000, r=6 %, t=6 years (Round to the nearest cent as needed.)

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 5.1% Installment Loan B: five-year loan at 5.2% Use PMT = P(r/n) / [1 - (1 + r/n)^-nt] to complete parts (a) through (c) below. The total interest for Loan B is 2342.20. (Round to the nearest cent as needed.) 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 five-year loan at 5.2% is more economical. B. The three-year loan at 5.1% is more economical. The buyer will save approximately in interest. (Round to the nearest cent as needed.)

Question 7 You are performing a two-tailed test with test statistic z=-1.68, find the p-value to 4 decimal places

Marginal revenue product cannot be calculated as MP × P for the firm with market power because MR ≠ P.

What is an auditor's primary method to corroborate information on litigation, claims, and assessments? 2.85 Multiple Choice points Reviewing the written representation letter obtained from management Print References Reviewing the response from the client's lawyer to a letter of audit inquiry Examining legal invoices sent by the client's attorney Verifying attorney-client privilege through interviews

Macy is self-employed. Based on last year, her projected state and federal taxes for this year will be approximately 4300. Determine how much Macy should prepay each quarter in order to meet her projected taxes by the end of the year.

The value of a car is depreciating at a rate of P'(t). P'(t)=-3,240 e^(-0.09 t) Knowing that the purchase price of the car was 36,000, find a formula for the value of the car after t years. Use this formula to find the value of the car 10 years after it has been purchased.

Only 20% of registered voters voted in the last election. Will voter participation increase for the upcoming election? Of the 393 randomly selected registered voters surveyed, 98 of them will vote in the upcoming election. What can be concluded at the α=0.10 level of significance? c. The test statistic ? v̂ = (please show your answer to 3 decimal places.) d. The p -value = (Please show your answer to 4 decimal places.)

You have 4,000 on a credit card that charges a 18% interest rate. If you want to pay off the credit card in 4 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? each month

Question 7 (10 points) Tarragona had been expecting a 50 million investment spending for a new golf resort, but the contract was canceled. Tarragona's governor estimates that this will cost the region 300 million in total economic activity. What is the governor's estimate of the multiplier and marginal propensity to consume. Multiplier =5 and MPC =0.17 Multiplier =6 and MPC=0.83 Multiplier =5 and MPC =0.83 Multiplier =6 and MPC =0.17

Knowledge Check 01 For each of the items listed below, indicate whether the company needs to prepare a journal entry relating to this item to ad book balance to the correct balance? 1. The company's bank reconciliation on June 30 included outstanding checks that totaled 4,000 at June 30. 2. The company's bank reconciliation on June 30 included deposits in transit that totaled 3,000 on June 30. 3. The company's bank reconciliation on June 30 included a credit memorandum in the amount of 150 for interest. 4. The company's bank reconciliation on June 30 included check #1221 (in payment of an account payable) written for 4,900, but recorded in the accounting records as 4,090.

Question 1, 8.8.1 HW Score: 45%, Part 2 of 4 Points: 0 of 1 The credit card with the transactions described on the right uses the average daily balance method to calculate interest. The monthly interest rate is 1.5% of the average daily balance. Calculate parts a-d using the statement on the right. Transaction Description Transaction Amount ------ Previous balance, 6210.00 March 1 Billing date March 5 Payment 350.00 credit March 7 Charge: Restaurant 30.00 March 12 Charge: Groceries 80.00 March 21 Charge: Car Repairs 280.00 March 31 End of billing period Payment Due Date: April 9 a. Find the average daily balance for the billing period. Round to the nearest cent. The average daily balance for the billing period is 6080.32. (Round to the nearest cent as needed.) b. Find the interest to be paid on April 1, the next billing date. Round to the nearest cent. The interest to be paid on April 1 is . (Use the answer from part a to find this answer. Round to the nearest cent as needed.)

After an annuity has been in force for year(s), it becomes incontestable. A. O4 B. 3 C. 1 D. O2

CENGAGE MINDTAP Ch. 6 7 eBook Problem Walk-Through A) Suppose you have two bonds that have a face value of 1,000 and pay a 10% annual coupon. Bond A matures in 15 years, while Bond B matures in 30 years. Assume that the yield to maturity (interest rate) is 5%, 7%, and 11%. Assume that only one more interest payment is to be made on Bond B at its maturity and that 15 more payments are to be made on Bond A. Round your answers to the nearest cent. Bond A: 1518.98 1273.24 928.70 Bond B: b) Why does the longer-term bond's price vary more than the price of the shorter-term bond when interest rates change? I. Long-term bonds have greater interest rate risk than do short-term bonds. II. The change in price due to a change in the interest rate is larger for bonds with greater maturity. III. The change in price due to a change in the required rate of return decreases as a bond's maturity increases. IV. Long-term bonds have smaller interest rate risk than do short-term bonds.

Tim wants to purchase a 25000 car in 5 years. How much money should he deposit each month into a bank account paying interest at the rate of 5% / year compounded monthly?

Prepare entries to record mortgage note and installment payments. E15.10 (L0 3), AP Dreiling Company borrowed 300,000 on January 1, 2022, by issuing a 300,000, 8% mortgage note payable. The terms call for annual installment payments of 40,000 on December 31. Instructions 1. Prepare the journal entries to record the mortgage loan and the first two installment payments. 2. Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2022.

(g) Interpret the slope. For each percentage point increase in the rate of return for Company 1, the rate of return of Company 2 will increase by about 1.50 percentage points, on average. (Round to two decimal places as needed.) (h) Interpret the y-intercept. A. The y-intercept indicates that the rate of return for Company 1 will be when the rate of return for Company 2 is 0. B. There is no meaningful interpretation for the intercept. C. The y-intercept indicates that the rate of return for Company 2 will be when the rate of return for Company 1 is 0. (Round to four decimal places as needed.)

If a loan request is for payment of due premiums on the policy, how soon must the insurer issue a loan? A. Within 30 days B. Immediately C. Within 90 days D. Within 10 days

Cabell Products is a division of a major corporation. Last year the division had total sales of 20,070,000, net operating income of 1,063,710, and average operating assets of 4,415,400. The company's minimum required rate of return is 16%. The division's margin is closest to: Multiple Choice 24.1% 22.0% 33.1% 5.3%

What is created after policy proceeds are obtained in a lump sum and then immediately invested? A. Viatical Settlement B. Lump Sum Fund C. Emergency Fund D. Estate

Question 6 Suppose demand is perfectly inelastic, and the supply of the good in question decreases. As a result, a. the equilibrium quantity decreases, and the equilibrium price is unchanged. b. the equilibrium quantity and the equilibrium price both are unchanged. c. the equilibrium price increases, and the equilibrium quantity is unchanged. d. buyers' total expenditure on the good is unchanged.

What does the insuring agreement in a Life insurance contract establish?

Which of the following capital budgeting methods might not consider the salvage value of a machine being considered for purchase? payback net present value internal rate of return profitability index

Location is known to affect the number, of a particular item, sold by Walmart. Two different locations, A and B, are selected on an experimental basis. Location A was observed for 18 days and location B was observed for 18 days. The number of the particular items sold per day was recorded for each location. On average, location A sold 39 of these items with a sample standard deviation of 9 and location B sold 55 of these items with a sample standard deviation of 6. Select a 99% confidence interval for the difference in the true means of items sold at location A and B. - [-22.95, -9.05] - [48.42, 61.58] - [87.42, 100.6] - [-18.55, -13.45] - [32.42, 45.58] - None of the above

A recent survey identified the top accounting firms within 10 geographical regions across country X. The top 2 regions reported a combined growth of 19% and 18%. A characteristic description of the accounting firms in these two regions included the number of partners in the firms. Attached below is a sample of the number of partners for 20 firms for each region Complete (a) through (c) below a. At the 0.05 level of significance when pooling the variances, is there evidence of a difference between the two regions' accounting firms with respect to the mean number of partners? Let μ1 be the mean number of partners for the highest growth region and μ2 be the mean number of partners for the second highest growth region Determine the hypotheses Choose the correct answer below. A. H0 μ1 ≤ μ2 B. H0 μ1 ≥ μ2 H1 · μ1>μ2 H1 · μ1<μ2 C. H0 μ1=μ2 D. H0 μ1 ≠ μ2 H1 μ1 ≠ μ2

Arianna invests 5500 in a new savings account which earns 5.6% annual interest, compounded continuously. What will be the value of her investment after 7 years? Round to the nearest cent.

A recent survey identified the top accounting firms within 10 geographical regions across country X. The top 2 regions reported a combined growth of 19% and 18%. A characteristic description of the accounting firms in these two regions included the number of partners in the firms. Attached below is a sample of the number of partners for 20 firms for each region. Complete (a) through (c) below. a. At the 0.05 level of significance when pooling the variances, is there evidence of a difference between the two regions' accounting firms with respect to the mean number of partners? Let μ1 be the mean number of partners for the highest growth region and μ2 be the mean number of partners for the second highest growth region. Determine the hypotheses Choose the correct answer below. A. H0: μ1 ≥ μ2 B. H0: μ1 ≤ μ2 H1: μ1<μ2 H1: μ1>μ2 C. H0: μ1=μ2 D. H0: μ1 ≠ μ2 H1: μ1 ≠ μ2 H1: μ1=μ2

Refer to the graph shown. Assume that the market is initially in equilibrium at a price of 6 and a quantity of 40 units. If the government imposes a 2 per-unit tax on this product, the equilibrium price will change to:

Questions 13 and 14, use the following information: a Internet provider contacts a random sample of 300 customers and asks how many hours per week the customers use the Internet. The average amount of time spent on the Internet per week was 7.2 hours, with a standard deviation of 7.9 hours. 13) Construct a 95% confidence interval for the average amount of time customers of this Internet provider spend on the Internet each week. Round the margin of error to one decimal place. Also, Provide an interpretation of your interval in the context of this data situation. A) 6.3 to 8.1 hours C) 5.7 to 8.7 hours B) 6.0 to 8.4 hours D) 5.5 to 8.9 hours

If a calculator is sold for 11.45, then the revenue in dollars, R, generated by this item is given by the formula R=11.45q, where q represents the number of calculators sold. Use the formula to determine the revenue generated by this item if 38 calculators are sold.

Garron, a sales rep with a large technology company, is celebrating today because he just closed a large deal, which means a sizeable commission. Even the finance department is thrilled because Garron used to review the credit history of this customer to be sure the deal would be a profitable one for the company.

The business cycle refers to the: A. variations in the adult population of an economy. B. fluctuations in the exchange rate of an economy. C. fluctuations in the rate of output of an economy. D. deviation of unemployment from the natural rate of unemployment in an economy.

The table shows the average weekly wages (in dollars) for state government employees and federal government employees for 8 years. The equation of the regression line is ŷ=1.509x−101.350. Complete parts (a) and (b) below. Average Weekly Wages (state), x 762 770 786 813 840 878 924 944 Average Weekly Wages (federal), y 1000 1047 1106 1147 1195 1259 1271 1299 The remaining fraction of the variation, 1-r^2, is unexplained and is due to other factors or to sampling error. (b) Find the standard error of estimate se and interpret the result. se = □ (Round to two decimal places as needed.)

Given a tax rate of 0.8231 and total property tax due of 12,510, the total assessed valuation rounded to the nearest dollar is: Multiple Choice 1,519 150,199 15,199 5,199 None of the answer choices are correct.

A company's 5-year bonds yield 7% per year. Treasury bonds with the same maturity yield of 4.8% per year, and the average 5-year inflation premium is 2.05%. Suppose maturity and liquidity risk premiums are zero. What is the default risk premium on the company's bond?

Franklin Medical Clinic has budgeted the following cash flows. January February March --------- Cash receipts 107,000 113,000 133,000 Cash payments 93,500 75,500 88,500 For inventory purchases 34,500 35,500 30,500 For SA expenses Franklin Medical had a cash balance of 11,500 on January 1. The company desires to maintain a cash balance of 6,000. Funds are assumed to be borrowed, in increments of 1,000, and repaid on the last day of each month; the interest rate is 2 percent per month. Repayments may be made in any amount available. Franklin pays its vendors on the last day of the month also. The company had a monthly 40,000 beginning balance in its line of credit liability account from this year's quarterly results. Required Prepare a cash budget. Note: Round intermediate and final answers to the nearest whole dollar amounts. Any repayments/shortage should be indicated with a minus sign.

Your credit score is determined through which of the following five factors? Age, level of education, income, length of time with current employer, and ZIP code Age, gender, race, income, and high school GPA Payment history, income, debt-to-income ratio, years at current address, and criminal record Payment history, debt amounts, length of credit history, new credit, and credit mix

Candace bought a laptop for 475 dollars. She then decided to sell the laptop for 985. What markup rate did Candace use to calculate the sales price of her laptop? Write your answer as a percentage rounded to the nearest whole number.

Naturalmaid processes organic milk into plain yogurt. Naturalmaid sells plain yogurt to hospitals, nursing homes, and restaurants in bulk, one-gallon containers. Each batch, processed at a cost of 870, yields 675 gallons of plain yogurt. The company sells the one-gallon tubs for 5.00 each and spends 0.10 for each plastic tub. Naturalmaid has recently begun to reconsider its strategy. Management wonders if it would be more profitable to sell individual-sized portions of fruited organic yogurt at local food stores. Naturalmaid could further process each batch of plain yogurt into 14,400 individual portions (3 / 4 cup each) of fruited yogurt. A recent market analysis indicates that demand for the product exists. Naturalmaid would sell each individual portion for 0.46. Packaging would cost 0.06 per portion, and fruit would cost 0.12 per portion. Fixed costs would not change. Should Naturalmaid continue to sell only the gallon-sized plain yogurt (sell as is) or convert the plain yogurt into individual-sized portions of fruited yogurt (process further)? Why? Calculate the net benefit per batch under each alternative. (Enter a "0" for any zero amounts. Round the net benefit per batch to the nearest whole dollar.)

In a random sample of seven people, the mean driving distance to work was 19.4 miles and the standard deviation was 6.5 miles. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 99% confidence interval for the population mean μ. Interpret the results. Identify the margin of error. □ □ (Round to one decimal place as needed.) Construct a 99% confidence interval for the population mean. □ □ (Round to one decimal place as needed.)

b. How much interest is paid in the first month of the loan? How much is paid toward the principal in the first month of the loan? c. How much interest is paid in the last month of the loan? How much is paid toward the principal in the last month of the loan? (Round to the nearest cent as needed.)

Assuming the money supply is currently 23,000, the price level is 101, and Real GDP is 13,000: Calculate the Velocity of Money (round answer to the hundredth place) Type your answer... Previous Next

Bank of América Balance Sheet (in billions) Assets Liabilities Reserves 50 Deposits 500 Bonds 190 Loans Net Worth 40 Using the bank balance sheet above and assuming a reserve requirement of 10%, select all statement below that are true. If this bank makes a 2 billion loan to a large corporation, its "Net Worth" will go down by 2 billion. If this bank makes a 2 billion loan to a large corporation its "Reserves" will decrease by 2 billion In the event of a Bank Run and absent Fed intervention, this bank will not have sufficient reserves to meet depositors demands. If the Fed engages in an open market purchase of 25 billion, this bank will be able to increase "Loans" by 22.5 billion. If the Fed engages in an open market sale of 50 billion, the net worth of this bank will not change.

Chapter 17: Money and the Federal Reserve Page(s) 489-494 17.4. How do banks create money? Fill in the blanks to complete the passage about the business of banking. The main function of banks is to accept deposits and then to lend the same money (minus required reserves) back out. Banks make a profit by charging a higher interest rate on loans than the interest rate they pay on deposits. Through the loan process, banks are actually able to create money.

Which of the following structures' profit is taxed twice? a. Sole Proprietorship b. S Corporation c. C Corporation d. LLC

En una economía se presentan los siguientes niveles de producción: BIENES AÑO 2000 AÑO 2001 ... Cantidad Precio Cantidad Precio Leche 200 10 250 15 Trigo 110 5 150 10 Cereal 150 20 200 25 De acuerdo a estos datos, ¿cuál vendría a ser el PIB nominal del año 2000?

Solve the following problem with Excel Solver: (Leave no cells blank - answers to 2 decimal places.) Minimize Z = 4A + 7B 3A + 12B ≥ 90 2A + 16B ≥ 64 1B ≥ 10

Question 15 (1 point) The food engineers at Moria Foods have developed a new variety of banana they have named the "mayfly banana" which hølds perfect ripeness for exactly one day before becoming a black-skinned sack of mush. Which of these actions will result in a lower order quantity from the many retail establishments clamoring to stock up on this new foodstuff? an increase in the price consumers are willing to pay for the mayfly banana an increase in the standard deviation of the number of mayfly bananas demanded by consumers a decrease in the salvage value of the mayfly bananas a decrease in the disposal cost of the mayfly bananas

According to the U.S. Department of Justice Merger Guidelines, a Herfindahl-Hirschman index (HHI) above is associated with a highly concentrated industry. Therefore, if the automobile industry had an HHI of 2,200, then a vertical merger between GM and one of its suppliers likely would be 1,300; rejected since the HHI is above the acceptable threshold 2,400; approved since the HHI is below the acceptable threshold 1,800; rejected since the HHI is above the acceptable threshold 2,500; approved since the HHI is below the acceptable threshold

Check my work All Seasons Plumbing has two service trucks that frequently need repair. If the probability the first truck is available is 0.75 , the probability the second truck is available is 0.50 , and the probability that both trucks are available is 0.30 . points What is the probability neither truck is available? Note: Round your answer to 2 decimal places. eBook Probability

Constant growth stocks Super Carpeting Inc. (SCI) just paid a dividend (D4) of 1.44 per share, and its annual dividend is expected to grow at a constant rate (g) of 3.00% per year. If the required return (r3) on SCI's stock is 7.50%, then the intrinsic value of SCI's shares is per share.

Stern Co. purchased an item for 12 and initially priced the item to sell for 16. Then the company subsequently increased the selling price to 18 before lowering the selling price to 13. Stern then raises the selling price to 14. What is the net markdown? a. 4 b. 3 C. 2 d. 1

If goods are shipped f.o.b. shipping point, at time of shipment

The cost C (in dollars) of supplying recycling bins to p% of the population in a rural township is modeled by C = 27,000 p / (100-p), 0 ≤ p < 100. (a) Find the costs (in dollars) of supplying bins to 20%, 50%, and 95% of the population. cost of supplying bins to 20% cost of supplying bins to 50% cost of supplying bins to 95% (b) Find the limit of C as p → 100^(-). lim (p → 100^(-)) 27,000 p / (100-p) = Interpret the limit in the context of the problem. Use a graphing utility to verify your result. As the percent of the rural population being supplied with recycling bins approaches 100%, the cost -Select-

Recall the formula for computing a company's inventory turnover ratio.

Vacation Planning About 1/4 of potential vacationers have delayed or cancelled a trip because of the stress of planning. If 400 potential vacation planners are randomly selected, find the mean, variance, and standard deviation of those who have delayed or cancelled a trip because of the stress of planning. Round your answers to at least three decimal places. Part: 0 / 2 Part 1 of 2 (a) Find the mean. Mean: μ=

This year, a small business had a total revenue of 48,300. If this is 38% more than their total revenue the previous year, what was their total revenue the previous year? square square

During a period of steadily rising costs, this method results in the highest amount of inventory reported on the balance sheet. FIFO LIFO Weighted Average

Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of 1, PV of 1. FVA of 1, and PVA of 1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Annuity Payment Annual Rate Interest Compounded Period Invested Present Value of Annuity --------------- 4,700 6.0% Semiannually 3 years 9,700 8.0% Quarterly 2 years 3,700 10.0% Annually 5 years

Knowledge Check 01 The current ratio is similar to the quick ratio but is based on a more conservative measure of current assets available to pay current liabilities. True or False

Which of these terms implies an arrangement to buy or use now and pay later? A. credit B. capacity C. mortgage

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