Finance Homework Questions & Answers Archive

Select all that apply On Mar. 15, Boats R Us. purchased 4,000 of equipment with credit terms of n / 30. Assuming the gross method of recording purchases is being used, show how to journalize the transaction into the purchases journal by selecting all of the correct actions below. (Check all that apply.) - 4,000 is entered into the Accounts Payable Cr. column. - Equipment is entered in the Account column. - 4,000 is entered in the inventory Dr. column. - The vendor's name is entered into the Account column - 4,000 is entered into the Other Accounts Dr. column.

Your adjusted gross income is your total income for the year.

What is an installment loan? Explain the meaning and use of the loan payment formula. Choose the correct answer below. A. An installment loan is a loan that is paid off with equal regular payments. B. An installment loan is the time you have to pay back a loan in full. C. An installment loan is the amount of money owed at any particular time. D. An installment loan is an amount of money installed electronically into a bank account.

The U. S. Legislative Response to the credit crisis of 2008 was Dodd Frank Act of 2010 Bank Secrecy Act Fair Lending Act The Patriot Act

Kim is purchasing a 40,000 vehicle. There are two options to pay for the vehicle: financing a 0% loan for 48 months or a 4 year lease with a down payment of 4,000 and payments of 800 per month. If she wants to choose the option with the lower total cost over the life of the vehicle, which should she choose? Select the correct answer below: Loan Lease

Ronald is trying to reconstruct his spending pattern from May. He knows that he had 315 in his account on May 1, but after that, his receipts and balance statements are all scrambled. Here are Ronald's records: Date Transaction Type Amount () 5 / 25 Purchase 66 5 / 18 Purchase 90 5 / 30 Purchase 188 5 / 24 Deposit 151 5 / 22 Purchase 152 5 / 8 Deposit 104 5 / 3 Purchase 175 5 / 6 Purchase 82 Assuming that this is a complete, if scrambled, record of Ronald's May spending and that any overdraft fees incurred do not affect the running total, how many times did Ronald overdraw his account in May?

Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give questionnaires to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 14. The lowest possible score from those who are not "risk averse" is 10, are described as "risk neutral." What is the questionnaire score that separates the bottom 10% are classified as "risk averse" from those who are not? Can you answer to the decimal place: Round your answer to one decimal place. X > Statistical Literacy and Critical Reasoning 8:34 AM Sun, Oct 20 Normal Distribution: Finding a Raw Score

Equal amounts are invested at 3%, 7%, and 8% annual interest. If the three investments yield a total of 684 annual interest, find the total investment.

Day Care Tuition A random sample of 47 four-year-olds attending day care centers provided a yearly tuition average of 3966 and the population standard deviation of 636. Part 1 of 2 Find the 99% confidence interval of the true mean. Round your answers to the nearest whole number. 3727<mu<4205 Part: 1 / 2 Part 2 of 2 If a day care center were starting up and wanted to keep tuition low, what would be a reasonable amount to charge? Round your answer to the nearest hundred. would be a reasonable amount to charge.

In a college affordability survey of 400 students in Florida, 313 students said they were offered open educational resources or free course materials. To create a 99% confidence interval using the percentile method for the population proportion (p) of college students that are offered open educational resources or free course materials, use Statkey's CI for Single Proportion under Bootstrap Confidence Intervals to create 10,000 bootstrap resamples from the original sample. 1. Use the dotplot of 10,000 bootstrap resamples you generated on StatKey to calculate the 99% confidence interval for the population proportion of college students that are offered open educational resources or free course materials. Enter your answers to 3 decimal places. 99% Confidence Interval: ( )

Find the future value for the ordinary annuity with the given payment and interest rate. PMT = 2,000; 1.70% compounded monthly for 6 years. The future value of the ordinary annuity is . (Do not round until the final answer. Then round to the nearest cent as needed.)

In the long run, the firm should use plant size "A" for

How much money must you pay into an account at the end of each of 20 years in order to have 10,000 at the end of the 20th year if the account pays 8% per annum, and you round to the nearest 1? Select one: a. 202 b. 184 c. 219 d. 225

Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r % / year compounded m times a year. (Round your answer to the nearest cent.) S=360,000, r=2.2, t=12, m=6

Scores on an IQ test are normally distributed. A sample of 11 IQ scores had standard deviation s=8. Construct a 99% confidence interval for the population standard deviation σ. Round the answers to at least two decimal places. The developer of the test claims that the population standard deviation is σ=15. Does this confidence interval contradict this claim? Explain. 99% confidence interval for the population standard deviation is <σ<

Inflation causes things to cost more, and for our money to buy less (hence your grandparents saying "In my day, you could buy a cup of coffee for a nickel"). Suppose inflation decreases the value of money by 2% each year. In other words, if you have 1 this year, next year it will only buy you 0.98 worth of stuff. How much will 100 buy you in 10 years?

XYZ's receivables turnover is 18 x. The accounts receivable at year-end are 420,000. The average collection period is 90 days. What was the sales figure for the year assuming all sales are on credit?

The sum of all costs that change as output changes divided by the number of units produced: Marginal cost Average variable cost Average (total) cost

Assume Evoo, Ino, has a current stock price of 37 and will pay a 1.75 dividend in one year; its equity cost of capital is 11%. What price must you expect Evoo stock to sell for immediately after the firm pays the dividend in one year to justify its current price? The expected price is . (Round to the nearest cent.)

A New York Times article reported that a survey conducted in 2014 included 36,000 adults, with 3.68% of them being regular users of e-cigarettes. Because e-cigarette use is relatively new, there is a need to obtain today's usage rate. How many adults must be surveyed now if a confidence level of 90% and a margin of error of 1 percentage point are wanted? Complete parts (a) through (c) below. a. Assume that nothing is known about the rate of e-cigarette usage among adults. n=6766 (Round up to the nearest integer.) b. Use the results from the 2014 survey. n=960 (Round up to the nearest integer.) c. Does the use of the result from the 2014 survey have much of an effect on the sample size? A. No, using the result from the 2014 survey only slightly reduces the sample size. B. Yes, using the result from the 2014 survey dramatically reduces the sample size. C. No, using the result from the 2014 survey does not change the sample size. D. Yes, using the result from the 2014 survey only slightly increases the sample size.

When expenses are greater than the potentially increased sales from segmentation, a firm should not attempt to segment its market segment only on the basis of simple demographics like gender consider mass customization discontinue the product in question

Income Statement in USD millions Period Ending Total Revenue Cost of Goods Sold Gross Profit Operating Expenses Research Development Selling General and Administrative Others Total Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Earnings Before Interest And Taxes Interest Expense Income Before Tax Income Tax Expense Net Income Basic Net Income Per Share Diluted Net Income Per Share 31-Dec-23 31-Dec-22 31-Dec-21 45,754 43,004 38,655 18,520 18,000 15,357 27,234 25,004 23,298 13,972 12,880 12,144 1,951 1,215 846 15,923 14,095 12,990 11,311 10,909 10,308 2,261 1,210 3,438 13,572 12,119 13,746 620 433 1,321 12,952 11,686 12,425 2,249 2,115 2,621 10,703 9,571 9,804 2.48 2.20 2.26 2.47 2.19 2.25

Consider a home mortgage of 250,000 at a fixed APR of 6% for 30 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest.

Insurance Plan: Mountville Health Plan; patient has met annual deductible of Services: CPT 99203, 90700 Payer Reimbursement: Patient Charge:

A recent high school graduate received 600 in gifts of cash from friends and relatives. In addition, she received three scholarships in the amounts of 450, 500, and 1500. If she takes all her gift and scholarship money and invests it in a 24-month CD paying 1% interest compounded daily, how much will the graduate have when she cashes in the CD at the end of the 24-months? The graduate will have when she cashes in the CD. (Round to the nearest cent as needed.)

Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours: 80,690 Total fixed manufacturing overhead cost: 312,000 Variable manufacturing overhead per machine-hour: 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job: 50 Total machine-hours: 200 The predetermined overhead rate is closest to:

Excerpts from Dowling Company's December 31, 2024 and 2023, financial statements and key ratios are presented below (all dollar values are in millions): Accounts receivable (net) 2024 2023 Net sales 20 31 Cost of goods sold 130 115 Net income 75 70 Inventory turnover 20 32 Return on assets 5.95 Equity multiplier 12.00 % 2.51 Dowling's 2024 profit margin is closest to: 14.2 % 15.4%

Raj comes across a 7-year investment option that provides a 10% interest rate with a monthly deposit of 500. Which type of TVM calculation will help Raj determine the amount of money he will have after 7 years? Calculating the future value of 50,000 invested today Calculating the present value for an annuity of 500 Calculating the future value for an annuity of 500 Calculating the present value for the expected earnings of 50,000

Martha is buying a house that sells for 97,000. The bank is requiring a minimum down payment of 15%. To obtain a 20-year mortgage at 10.0% interest, she must pay 2 points at the time of closing. a) Determine the required down payment. b) Determine the amount of the mortgage on the property with the 15% down payment. c) Find the cost of 2 points on the mortgage. a) The required down payment is

An investor bought stock for 50,000. Ten years later, the stock was sold for 60,000. If interest is compounded continuously, what annual nominal rate of interest did the original 50,000 investment earn?

If a person is taxed 100 on an income of 1,000, taxed 180 on an income of 2,000, and taxed 220 on an income of 3,000, this person is paying a: progressive tax. poll tax. proportional tax. regressive tax.

Compare the monthly payment and total payment for the following pairs of loan options. Assume that both loans are fixed rate and have the same closing costs. You need a 110,000 loan. Option 1: a 30-year loan at an APR of 8%. Option 2: a 15-year loan at an APR of 7% Find the monthly payment for each option. The monthly payment for option 1 is The monthly payment for option 2 is Find the total payment for each option The total payment for option 1 is The total payment for option 2 is Compare the two options. Which appears to be the better option? Option 1 is the better option, but only if the borrower plans to stay in the same home for the entire term of the loan. B. Option 2 will always be the better option. Option 1 will always be the better option Option 2 is the better option, but only if the borrower can afford the higher monthly payments over the entire term of the loan

Raggs, Ltd. a clothing firm, determines that in order to sell x suits, the price per suit must be p=160-0.75x. It also determines that the total cost of producing x suits is given by C(x)=4000+0.5x^2. a) Find the total revenue, R(x). b) Find the total profit, P(x). c) How many suits must the company produce and sell in order to maximize profit? d) What is the maximum profit? e) What price per suit must be charged in order to maximize profit?

Multiple Choice Question Current liabilities operations, including short-term notes payable and dividends payable are categorized as: - unrelated to - recognized in - related to - from

Company's must ensure that they are reporting their inventory at - of cost or market.

What is the cost per thousand for auto liability insurance of 150 / 450 / 100 with a monthly premium of 70?

Pregunta 10 6.25 pts Una tienda de ropa ha tenido un mes difícil con bajos niveles de ventas y altos costos de operación. Como resultado, al calcular sus ingresos y gastos del mes, determinan que los gastos superan a los ingresos. ¿Cómo se verá afectado el capital contable de la empresa como resultado de esta situación? El capital contable se mantendrá igual. El capital contable aumentará. El capital contable disminuirá.

The assets (in billons of dollars) for a financial firm can be approximated by the function A(x)=348 e^044 x, where x=7 corresponds to the year 2007. Find the assets in each of the following years: (a) 2012 (b) 2012 (c) 2017 (a) Which of the following describes how to find the assets in 2012 using the given information? Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal.) A. To find the assets in 2012, substitute for x and evaluate to find A(x). B. To find the assets in 2012, find the intersection point of the graphs y=348 e^94 t r and y=. The assets in 2012 are represented by the y-coordinate.

consists of all the techniques sellers use to persuade consumers to buy their goods and services.

The mean GPA of night students is 2.53 with a standard deviation of 0.97. The mean GPA of day students is 2.75 with a standard deviation of 0.43. You sample 50 night students and 25 day students. What is the mean of the distribution of sample mean differences (night GPA - day GPA)? -0.22 What is the standard deviation of the distribution of sample mean differences (night GPA - day GPA)? 0.162 Find the probability that the mean GPA of the sample of night students is greater than the mean GPA of the sample of day students. 0.0853

Find the area under the standard normal curve that lies between the following z-values. Round the answers to four decimal places. Part 1 of 2 (a) Find the area under the standard normal curve that lies between z=-2.49 and z=-0.42. The area between z=-2.49 and z=-0.42 is .3309 Part 2 of 2 (b) Find the area under the standard normal curve that lies between z=-2.27 and z=0.36. The area between z=-2.27 and z=0.36 is .

People need to develop a financial plan to accomplish their retirement goals. True False

1. (10 percent) Wukong Inc. recently reported operating income (EBIT) of 3.75 million, depreciation of 1.40 million, and had a tax rate of 30%. The firm's expenditures on fixed assets and net operating working capital totaled 0.8 million. How much was its free cash flow, in millions?

A boat is purchased for 51,000 and has a resale value of 42,000 after a useful life of 6 years. Using a book value depreciation chart, calculate the number of years until the book value of the boat is 45,000. [?] years

The following items appeared in the year-end trial balance for Coffee Bean Company: Debits Credits Revenues 600,000 Operating expenses 420,000 Income on discontinued operations 100,000 200,000 Restructuring costs 20,000 Interest expense 30,000 Income tax expense has not yet been accrued. The company's income tax rate is 25%. What amount should be reported in the company's income statement as income from continuing operations after taxes?

Which of the following best describes the primary role of auditors in financial reporting? Multiple Choice Independent party hired by a company to express a professional opinion of the extent to which the company's financial reporting is in compliance with generally accepted accounting principles Key employees of the company who actively participate on the management team in strategic planning, product development, and financial reporting Government employees assigned by local officials to ensure accurate financial reporting and operational integrity by the company Consultants that are hired by company management to advise on key matters related to competition, product pricing, employee retention, and financial reporting strategies

Question 3 of 18, Step 1 of 1 2/18 Correct The Arc Electronic Company had an income of 20 million dollars last year. Suppose the mean income of firms in the same industry as Arc for a year is 15 million dollars with a standard deviation of 7 million dollars. If incomes for this industry are distributed normally, what is the probability that a randomly selected firm will earn more than Arc did last year? Round your answer to four decimal places. Answer If you would like to look up the value in a table, select the table you want to view, then either click the cell at the intersection of the row and column or use the arrow keys to find the appropriate cell in the table and select it using the Space key. Normal Table → to -z Normal Table → to z Submit Answer © 2024 Hawkes Learning

Suppose that 10 years ago you bought a home for 110,000, paying 10% as a downpayment, and financing the rest at 9% interest for 30 years. This year, you check your loan balance. Only part of your payments have been going to pay down the loan; the rest has been going towards interest. You see that you still have 88,536 left to pay on your loan. Your house is now valued at 150,000. i. How much of the loan have you paid off? (i.e., how much have you reduced the loan balance by? Keep in mind that interest is charged each month - it's not part of the loan balance.) ii. How much money have you paid to the loan company so far? iii. How much interest have you paid so far? iv. How much equity do you have in your home (equity is value minus remaining debt)

You want to buy a 25,000 car. You can make a 10% down payment, and will finance the balance with a 5% interest rate for 60 months (5 years). What will your monthly payments be?

Which of the following qualifications is required for producers who want to sell annuities in this state? A. An annuities license and continuing education hours related to annuities every 2 years B. A life insurance license only C. A life insurance license and a 4 -hour training course D. An annuities license

For the period beginning October 10, the average daily balance on Perry's credit card was 939. If the balance at the end of the cycle was 450 and the APR on the card is 7.5%, what was the balance due on November 10? Round your answer to the nearest cent, but do not include a sign with your response.

Which of the following determines the cash value of a variable life policy? A. The performance of the policy portfolio B. The company's general account C. The policy's guarantees. D. The premium mode

Pablo is taking out an amortized loan for 14,000 to buy a new car 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 car 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 him a 7-year car loan at an annual interest rate of 6.3%. Find the monthly payment. (b) An online lending company has offered him a 6-year car-loan at an annual interest rate of 6.1%. Find the monthly payment. (c) Suppose Pablo pays the monthly payment each month for the full term. Which lender's car 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 online lending company. Online lending company The total amount paid would be less than to the savings and loan association.

Consumer Mathematics Finding the monthly payment, total payment, and interest for a loan To help open up a restaurant, Ryan borrowed money from an online lending company. He took out a personal, amortized loan for 44,500, at an interest rate of 6.25%, with monthly payments for a term of 7 years. For each part, 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 Ryan's monthly payment. (b) If Ryan pays the monthly payment each month for the full term, find his total amount to repay the loan. (c) If Ryan pays the monthly payment each month for the full term, find the total amount of interest he will pay.

Person A deposits 2800 in an account that pays 6% interest compounded once a year. Person B deposits 2550 in an account that pays 7% interest compounded monthly. Complete parts (a) through (c) below. a. Who will have more money in their account after one year? How much more? Select the correct choice below and fill in the answer box within your choice. (Round to the nearest dollar as needed.) A. Person A will have 234 more than Person B. B. Person B will have more than Person A b. Who will have more money in their account after five years? How much more? Select the correct choice below and fill in the answer box within your choice. (Round to the nearest dollar as needed.) A. Person B will have more than Person A. B. Person A will have more than Person B.

Chapter MC, Section .06, Problem 072. Algo inflation premium (IP) is 1.50%. What is the maturity risk premium (MRP) on all 5-year bonds? a. 2.30% b. 1.10% c. 1.50% d. 1.80% e. 1.20%

JRM is a monopolist in the market for a new drug, Econbrilliance. Using the graph below, determine what JRM's protitmaximizing price for Econbrilliance will be.

HomeLife Life Insurance Company has two service departments (actuarial and premium rating) and two production departments (advertising and sales). The distribution of each service department's efforts (in percentages) to the other departments is shown in the following table: From / To Actuarial Premium Rating Advertising Sales --------------- Actuarial - 80% 10% 10% Premium 20% - 20 60 The direct operating costs of the departments (including both variable and fixed costs) are: - Actuarial: 80,000 - Premium rating: 15,000 - Advertising: 60,000 - Sales: 40,000 Determine the total costs of the advertising and sales departments after using the direct method of allocation. Direct Method Total Cost ------ Advertising department Sales department

When you buy a car on credit, it is important to know the APR, which is the cost of the loan in dollars and cents. true interest rate of the loan total amount you will borrow. collateral your lender will require.

A client of a commercial rose grower has been keeping records on the shelf-life of a rose. The client sent the following frequency distribution to the grower. Rose Shelf-Life Days of Shelf-Life Frequency(f) 1 - 6 5 7 - 12 3 13 - 18 7 19 - 24 8 25 - 30 2 31 - 36 2 Step 1 of 2 : Calculate the population mean for the shelf-life. Round your answer to two decimal places, if necessary.

Use the formula for present value of money to calculate the amount you need to invest now in one lump sum in order to have 100,000 after 18 years with an APR of 12% compounded quarterly. Round your answer to the nearest cent, if necessary.

Question 22 2 pts In a perfectly competitive market, each firm produces at a quantity where price is set equal to marginal cost, in the short run. equal to marginal cost, both in the short run and in the long run. equal to average cost, in the long run. equal to average cost, both in the short run and in the long run.

You have a balance of 9700 for your tuition on your American Express credit card. Assume that you make no more charges on the card. Also assume that American Express charges 13% APR and that each month you make only the minimum payment of 3% of the balance. How long will it take to get the balance below 50?

Account title Debit Credit Sales revenue 6,000 Cash 6,000 Salaries expense 3,000 Cash 3,000 Rent payable 3,000 Cash 3,000 Supplies expense 6,000 Cash 6,000 Utilities expense 3,000 Cash 3,000

SAT scores are distributed with a mean of 1,500 and a standard deviation of 300. You are interested in estimating the average SAT score of first year students at your college. If you would like to limit the margin of error of your 95% confidence interval to 25 points, how many students should you sample?

Lemon, a scooter rental company, charges 3.25 for the first minute of a rental. Thereafter, the company charges an additional 0.25/minute.

The Fed increases the amount of OMO purchases; Inflation increases Inflation decreases Inflation stays the same Can'tell

Sole proprietorship Form 1120 Form 1120S Form 1065 Schedule C Partnership Match the business entity with the tax form used to report taxable income.

You have 400,000 saved for retirement. Your account earns 7% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?

Use PMT = P(r/n) / [1 - (1 + r/n)^(-nt)] to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a 160,000 20-year fixed-rate mortgage at 3.5%. a. Find the monthly payments and the total interest for the loan. b. Prepare a loan amortization schedule for the first three months of the mortgage.

Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for 33 each. Purchases on December 7 Purchases on December 14 10 units 19.60 cost 20 units 25.00 cost 15 units 27.00 cost Determine the costs assigned to ending inventory when costs are assigned based on the LIFO method.

Why is relative valuation considered more intuitive compared to absolute valuation?

The government has approved a 15,000 grant to support this project. This grant has been added to the net cash flow of the project and re-estimate the investment criteria. Please note that the grant is paid in full to the project developer in year 1. Cash flow Grant 15,000 0 0 0 0 0 Total benefits 137,431 15,000 41,000 41,000 41,000 41,000 10,000 Total costs 112,643 51,000 23,000 23,000 23,000 23,000 0 Net Cash Flow 24,788 -36,000 18,000 18,000 18,000 18,000 10,000 Investment Criteria NPV (base year: 0) 24,788 IRR 38.52% % Benefit Cost Ratio 1.22 # Operating net benefits 0 18,000 18,000 18,000 18,000 10,000 Cumulative PV of net benefits 0 14,876 28,400 40,694 51,871 57,515 Investment Cost 36,000 Payback Period 3 Years Task III: the choice of the discount rate Take the Net Cash Flow estimated under task II and calculate the investment criteria for different discount rates

C H Corporation has 10,000 share of 10 par value stock authorized. It issues 2000 shares to John Deere Equipment for a tractor priced at 25,000. On that date the stock was trading for 12 per share. The tractor would be recorded at (A) 20,000 (B) 24,000 (C) 25,000 (D) 29,000

According to one study, the average monthly cell phone bill in a certain country is 70 (up 31% since 2009). If a 22-year-old student with an average bill gives up her cell phone and each month invests the 70 she would have spent on her phone bill in a savings plan that averages a 5% annual return, how much will she have saved by the time she is 60? She will have saved by the time she is 60. (Round to the nearest cent as needed.)

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the nearest cent.) 2,700 per month for 10 years, if the account earns 6% per year PV=

Assume the car can be purchased for 0% down for 60 months (in lieu of rebate). A car with a sticker price of 36,100 with factory and dealer rebates of 4,200 (a) Find the monthly payment if financed for 60 months at 0% APR. (Round your answer to the nearest cent.) 531.67 (b) Find the monthly payment if financed at 2.5% add-on interest for 60 months. (Round your answer to the nearest cent.) 598.13 (c) Use the APR approximation formula to find the APR for part (b). (Round your answer to one decimal place.) 4.9% (d) State whether the 0% APR or the 2.5% add-on rate should be preferred. 0% APR 2.5% add-on rate

SAT scores: Assume that in a given year the mean mathematics SAT score was 499, and the standard deviation was 112. A sample of 63 scores is chosen. Use the TI-84 Plus calculator. Part 1 of 5 (a) What is the probability that the sample mean score is less than 481 ? Round the answer to at least four decimal places.

Consider Figure Q-7-1. Assume that Sx and Dx are the respective demand and supply of Good X in Nation 2. Assume that Nation 1 is a large economy that can supply any amount of Good X to Nation 2, that the world price of Good X is p=2, and that Nation 2 imposes a tariff that raises the price of Good X to p=3. At this higher price, the quantity of Good X supplied by domestic producers changes from 20 units to unit(s).

A stock's price dropped from 51.08 per share to 22.21. What was the loss on a single share of the stock? There was a loss on one share of the stock.

The least-squares regression equation is ŷ=775.8x+11,824 where y is the median income of a region and x is the percentage of adults 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.8017. Complete parts (a) through (d). (a) Predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. 27,340 (Round to the nearest dollar as needed.) (b) In a particular region, 25.5 percent of adults 25 years and older have at least a bachelor's degree. The median income in this region is 35,076. Is this income higher than what you would expect? Why? This is than expected because the expected income is (Round to the nearest dollar as needed.)

If Marin, Incorporated, has an equity multiplier of 1.64, total asset turnover of 1.90, and a profit margin of 4.4 percent, what is its ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Question 7 of 20 A Japanese traveler in England is having trouble purchasing anything because she has only Japanese currency. In order to buy the things she wants, she has to have her Japanese yen traded in for pounds, the British currency. Which piece of information would be most helpful to the traveler in this situation? A. The availability of the yen and the pound in currency markets B. The total money supply of the yen and the pound C. The inflation rate of the yen compared to the pound D. The exchange rate between the yen and the pound

If you put up 39,000 today in exchange for a 6.5 percent, 16-year annuity, what will the annual cash flow be? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

Calculate the future value of 9,000 earning 5% interest compounded quarterly for 7 years. (Round your answer to the nearest cent.) Enter a number.

Using the standard normal distribution, find the following probabilities: [ P(-0.58<z<2.43) ]

When the demand is elastic, an increase in the price will: decrease the revenue increase the revenue

Megan and Bryce opened a new store called the Donut Pit. Their goal is to reach a profit of 20,000 in their 18th month of business. The table and scatter plot below represent the profit, P, in thousands of dollars, that they made during the first 12 months.

The graph at right shows the situation after the U.S. removes a tariff on imports of canned tuna. Which areas show the gain in consumer surplus? A. A. B. A+B+C+D. C. B+C+D. D. C. Which area shows the loss in producer surplus? A. B+C+D. B. A. C. A+B+C+D. D. A+B.

Let I represent the income (in millions of dollars) for a company. A company posted a net income loss of 12,873 million for the fiscal year 2016.

Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean of 50.5 and a standard deviation of 14. The customers with scores in the bottom 15% are described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.

The marginal cost curve intersects the average total cost curve at: - its lowest point. - its maximum. - its end point. - no point; the curves don't intersect.

You can afford a 200 per month car payment. You've found a 4 year loan at 3% interest. How big of a loan can you afford?

According to the Housing Recommendations presented in this class, if a family has a gross annual income of 221,000, what is the maximum amount of a mortgage loan the family could afford?

To record depreciation on equipment. B. Each Monday, Perryville Welding Services pays employees for the previous week's work. The amount of weekly payroll is 7,000 for a seven-day workweek (Monday to Sunday). This year, December 31 falls on Thursday.

Tuition of 4230 will be due when the next term begins in 4 months. What amount should you deposit today at a simple interest rate of 8% in order to have enough in the account to pay for tuition? 4342.80 3109.18 3204.55 4120.13

Consider the following incomplete deposit slip: Description Amount () ------ Cash, including coins 15 00 Check 1 62 44 Check 2 27 83 Check 3 45 75 Subtotal ?? ?? Less cash received ?? ?? Total 62 23 How much cash did the person who filled out this deposit slip receive? a. 381.23 b. 451.02 c. 88.79 d. 436.02

Yolanda used a reconciliation worksheet provided by her bank. Line 5 should equal line 6 at the end of the reconciliation, but it does not. Mega Bank Reconciliation Worksheet Amount ------ 1. Enter the statement closing balance. 34589 2. Enter the sum of any outstanding deposits or credits. 3. Add lines 1 and 2 . 34589 4. Enter the sum of any outstanding checks or debits. 5. Subtract line 4 from line 3. 6. Enter your checkbook balance. 32837 Note: Lines 5 and 6 should be equal at the end of the reconciliation.

Last month's balance: 855 Last payment: 170 Annual Interest rate: 21% Purchases: 608 Returns: 192 The finance charge is . (Round to the nearest cent.)

Consider the following incomplete deposit slip: Description Amount () Cash, including coins 15075 Check 1 56481 Check 2 219243 Check 3 486401 Subtotal ???? ?? Less cash received d???? ?? Total 705050 How much cash did the person who filled out this deposit slip receive? a. 849.25 b. 715.56 c. 7,621.53 d. 721.50

You deposit 2000 in an account earning 4% interest compounded monthly. How much will you have in the account in 5 years?

How much time would it take to earn 61 simple interest on an investment of 790 if the annual rate of return was 3.5% ? It would take years. Round your answer to the nearest tenth of a year.

The fixed cost of the firm is 500. The firm's total variable cost is indicated in the table. Output Total Variable Cost 1 400 2 720 3 1,000 4 1,400 5 2,000 6 3,600 Refer to the above table and information. The average variable cost of the firm when 5 units of output are produced is: 300 400 100 200

Refer to Figure 18.1. Which of the following would most likely cause a shift from AD1 to AD2?

Justin borrowed 9700 at 3 1/2% for 6 years compounded quarterly. What is the compound amount (Future Value) of the loan and how much interest will he pay on the loan? Use a TVM Solver to answer the question. State the values used for calculations. Type "0" (Zero) if that variable was not used. Round all decimals to 3 decimal places for the table. n= i%= PV= PMT= FV= Answer the questions. Round final answers to the nearest cent. All answers should be positive. Compound amount = Compound interest =

1388.81(1-(1+0.06875/12)^(-20 × 12))/(0.06875/12)

Relevance - Periodicity assumption Faithful representation - Going concern assumption Comparability - Historical cost principle Consistency - Full disclosure principle Monetary unit assumption - Materiality Economic entity assumption

Refer to Figure 4-10. If price is 25, then quantity demanded and quantity supplied, respectively, are 500 and 500. 500 and 800. 800 and 500. 600 and 600. 800 and 600.

Lion Company is expected to pay a 3 dividend this year and a liquidating dividend of 20 per share next year. If your required return is 19%, what is the most you should pay for Lion Stock?

Dado el ingreso marginal I'(x) y el costo marginal C'(x) podemos determinar la utilidad marginal U'(x) de una línea de producción y a su vez la utilidad. De modo que U(x)=∫ U'(x) dx=∫[I'(x)-C'(x)] dx Por otro lado, la utilidad máxima corresponde a U(p) donde U'(p)=0, U''. De acuerdo a lo anterior, responde. Una compañía de maquinaria industrial vende x unidades de un artefacto. ingreso marginal por vender x unidades está dado por la función l'(x)=-16x+800 dólares, y el costo marginal por cada unidad adicional es de C'(x)=4x+40 dólares. Si la compañía genera una utilidad total de 4.000 dólares para 5 unidades vendidas, ¿Cuál es la utilidad máxima que la compañía puede alcanzar?

Fremont Cookies has been baking coconut cookies for 27 years. Fremont makes two types of cookies, regular and premium. Cookies are sold in batches to other commercial businesses and premium cookies are made-to-order in batches based on customer orders/jobs. On January 1, 2025, the company's inventory balances were as follows: Raw Materials Inventory: 35,000 Work-in-Process Inventory: 24,900 Finished Goods Inventory: 6,700 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, 2025, the company's predetermined overhead rate per direct labor-hour was based on a cost formula that estimated 505,000 of total manufacturing overhead for an estimated activity level of 10,005 machine hours. Total Estimated overhead costs: 505,000 Total estimated direct labor hours: 10,005 Predetermined overhead allocation rate: 50.47

Which of the following is most likely to be asset price inflation? A rise in the current price of assets caused by expectation of higher asset prices in the future A rise in the price of assets caused by an increase in the underlying productivity of those assets A rise in the current price of assets caused by a shift in people's time preference A rise in the current price of assets caused by an increase in the riskiness of financial assets

Compute BY HAND the final course grade for a student with the given scores below. a. SHOW ALL WORK. Remember that this is weighted average. b. Round your answer to nearest hundredth. Homework Average 82 Quiz Average 86 Excel Project 85 Finance Project 77 Tests 88,75,92

José and Laura have determined that the break-even point for their educational toys business is 60,000 units per month. Any units that José and Laura sell above 60,000 represent A. diminishing returns B. escalating costs C. additional costs D. diminishing revenues E. profits

Subsidized Student Loan (determine the monthly payment required for a 10-year loan) Unsubsidized Student Loan (determine the monthly payment required for a 10-year loan that accrues simple interest while in school for 4 years) Initial principal amount to repay (P) 32,740.00 Your APR (i) 9.15% Number of years while in school Additional interest accrued while in school 11982.84 44722.84 New principal amount to repay (P) Number of payments per year (n) 12 Number of years (t) 10 The monthly loan payment (PMT) based on the initial principal The monthly loan payment (PMT) based on the new principal amount Total amount paid on the loan Total amount paid on the loan Interest paid on loan Interest paid on the loan (including the interest accrued while in school)

[years Milan opened a savings account with 500, and was paid simple interest at an annual rate of 2%. When Milan closed the account, he was paid 50 in interest. How long was the account open for, in years? x]

A genetic experiment with peas resulted in one sample of offspring that consisted of 442 green peas and 167 yellow peas. a. Construct a 95% confidence interval to estimate of the percentage of yellow peas. b. Based on the confidence interval, do the results of the experiment appear to contradict the expectation that 25% of the offspring peas would be yellow? a. Construct a 95% confidence interval. Express the percentages in decimal form. p < (Round to three decimal places as needed.)

COD Corporation's accounting records include the following items, listed in no particular order, at December 31, 2024: The income tax rate for COD Corporation is 21%. Prepare COD's income statement for the year ended December 31, 2024. Omit earnings per share. Use the multi-step format. Prepare the income statement through the income before taxes, then complete the income statement through the net income. (Use parentheses or a minus sign to enter amounts for Other Expenses.) COD Corporation Income Statement Year Ended December 31, 2024 Income Before Income Taxes Other Income and (Expenses): (13,000), Cost of Goods Sold: 88,000 Net Sales: 180,200, Operating Expenses: 59,000 Gain on Discontinued Operations: 3,000

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal Rate Compounded Time 5000 2% annually 2 years A. Find how much money there will be in the account after the given number of years. B. Find the interest earned.

Henry invests 32,000 in an account that pays 2.25% interest per year for 18 months. If interest is compounded monthly, how much compound interest will he earn?

Clovis wants to make a surprise visit to his uncle who lives out of town. He purchases an airline ticket for 69. There is a 15% sales tax on the price of the airline ticket. In addition he must pay a baggage fee of 20. When he arrives at the airport, Clovis takes a taxi to his uncle's house which is 8 miles from the airport. The taxi fee is 2.50 per mile. If Clovis has spent a total of 123.35 for the airline ticket and taxi, at what percent of his fare did Clovis tip the taxi driver? a. 10% b. 15% c. 20% d. 25%

The sugar quota in the United States creates winners and losers. The winners are and the losers are

Compute the contribution margin ratio for each segment. Round ratios to the nearest tenth of a percent.

On February 1, the billing date, Carol Ann had a balance due of 125.68 on her credit card. Her bank charges an interest rate of 1.25% per month. She made the transactions described in the table during the month. Feb. 8 Charge: Art supplies 21.97 Feb. 10 Payment 110.00 Feb. 20 Charge: Flowers delivered 65.92 Feb. 26 Charge: Music CD 12.18 a) Determine the finance charge on March 1, using the previous balance method b) Determine the new balance on March 1. a) The finance charge on March 1 is

A car dealer acquires a used car for 18,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include - 100 for transportation-in. - 200 for shipping insurance. - 960 for car import duties. - 170 for advertising. - 1,700 for sales staff salaries. - 130 for trimming shrubs.

Question 13 10 pts Determine the monthly principal and interest payment for a 20-year mortgage when the amount financed is 365,111 and the annual percentage rate (APR) is 5.4%. Round to the nearest cent (2 decimal places).

Selected information taken from the accounting records of XYZ Company follows: Net accounts receivable at December 31, 20X0 900,000 Net accounts receivable at December 31, 20X1 1,000,000 Accounts receivable turnover 5 to 1 Inventories at December 31, 20X0 1,100,000 Inventories at December 31, 20X1 1,200,000 Inventory turnover 4 to 1 Suppose that there are 360 business days in the year. What were the number of days sales outstanding in average receivables for 20X1?

A producer is helping a married couple determine the financial needs of their children in the event one or both should die prematurely. This is a personal use of life insurance known as A. Survivor protection. B. Life planning. C. Juvenile protection provision. D. Survivorship insurance.

The weekly cost in dollars, C, to manufacture noise cancelling headphones depends on the number of quality control officers, q, according to the model C(q)=55q+135q^(1/5). In order to produce k noise cancelling headphones a week, they need φ(k)=(300/k)+0.2k quality control officers. a. What are their weekly costs when they produce 60 noise cancelling headphones a week? Round your final answer to the nearest whole number and include units with your answers. b. At what rate is the company's weekly cost changing with respect to the number of noise cancelling headphones they produce, when they make 60 noise cancelling headphones a week? Round your final answer to 2 decimal places and include units with your answer.

The fast-food industry is a good example of a business sector where licensing is a poor option for FDI. True or False

Suppose the cost of manufacturing 70 widgets is 5,130, and the cost of manufacturing 125 widgets is 6,725. - Which statement below best describes the situation? The number of widgets made depends on the cost of making them. - The cost of making widgets depends on the number of widgets made. Use this information and what you learned in the previous examples to determine if the cost of the widgets or the number of widgets made is represented by x. What does y represent? How do you decide? Let x= number of widgets cost of making them - How much does each additional widget add to the total manufacturing cost?

Find the gross income, the adjusted gross income, and the taxable income on the taxpayer's income tax return. Base the tax on the taxable income. He earned 17,500, received 121 in interest from savings account, and contributed 2900 to an IRA.

A car dealer carries out the following calculations. List price 5,368.00 Options 1,625.00 Destination charges 200.00 Subtotal 7,193.00 Tax 431.58 Less trade-in 2,932.00 Amount to be financed 4,692.58 4% interest for 48 months 750.81 Total 5,443.39 MONTHLY PAYMENT 113.40 What is the annual percentage rate? (Round your answer to one decimal place.) 9.6 x %

Original Price 4.75 Discount: 12% Off What is the Sale Price?

Question 18 4 pts Of the following steps of the accounting cycle, which step should be completed first? Closing entries are journalized and posted to the ledger. Transactions are posted to the ledger. Adjusting entries are journalized and posted to the ledger. Financial statements are prepared.

The market demand and supply curves in a perfectly competitive industry are given by: Pd=28-Q / 750 and Ps=-20+Q / 250. Complete the following questions. a) Draw these functions on the graph below. b) Calculate the equilibrium price and output in this industry. Equilibrium price = 0 Equilibrium output = 0 c) Now assume that an additional firm is considering entering. This firm has a short run MC curve defined by MC=8+0.5 q, where q is the firm's output. If this firm enters the industry, what output should it produce? (Hint: It will set P = MC.) Output = 0

Problem 7-4A (Algo) Accounts receivable transactions and bad debts adjustments LO C1, P2, P3 Year 2 e. Sold 1,574,500 of merchandise (that had cost 1,322,700) on credit, terms n / 30. f. Wrote off 32,300 of uncollectible accounts receivable. g. Received 1,243,300 cash in payment of accounts receivable. h. In adjusting the accounts on December 31, the company estimated that 2.70% of accounts receivable would be uncollectible. Required: Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable.) Note: Round your intermediate calculations to the nearest dollar. Complete this question by entering your answers in the tabs below. Year 1 Prepare journal entries to record Liang's Year 1 summarized transactions and its year-end adjustments to record bad debts expense. (The company uses the perpetual inventory system, and it applies the allowance method for its accounts receivable.) Sold 1,350,700 of merchandise on credit, terms n / 30.

How does this business model reduce costs?

Evaluating and Solving Quadratic Functions It is very important in business for companies to determine their profit in different situations. Profit is revenue (money earned) minus costs (money spent). A company's revenue earned from selling x items is given by the function R(x)=490 x, and their cost is given by the function C(x)=2390+2.4 x^2. Use this function to answer the following questions. Write a function, P(x), that represents the company's profit from selling x items. P(x)= Identify the vertical intercept of P(x). Write it as an ordered pair and interpret its meaning in a complete sentence. Vertical Intercept: (0,-2390) If the company sells items, they will lose How many items must be sold in order to maximize the profit? To maximize profits, 22620.42 items must be sold. Round to the nearest whole number. What is the maximum profit that can be earned? Round to the nearest cent.

A student earns 10 per hour for tutoring and 6 per hour as a teacher's aide. Let x= the number of hours each week spent tutoring and y= the number of hours each week spent as a teacher's aide. Complete parts (a) through (e). 1. To have enough time for studies, the student can work no more than 21 hours per week.

Your friend Owen is a bit of a pessimist. "The world already has 7 billion people," he says. "The population is growing too fast. Soon, there will be a food shortage-especially for people in undeveloped countries. They are too far behind modern times." Using what you've learned about economic growth, why might Owen be wrong? Owen overlooks the potential for technological progress to increase food production enough to keep pace with population growth. increasing marginal product of capital equipment used in the agricultural sector resulting in higher yields as more capital is used. choices societies can make to reduce the resources devoted to non-agricultural activities to increase the production of food. fact that we have limited resources available to devote to food production.

Calculating tax incidence Suppose that the local government of Columbus decides to institute a tax on soda producers. Before the tax, 20 million liters of soda were sold every month at a price of 11 per liter. After the tax, 15 million liters of soda are sold every month; consumers pay, 16 per liter, and producers receive 15 per liter (after paying the tax). The amount of the tax on a liter of soda is 1 per liter, Of this amount, the burden that falls on consumers is 5 per liter, and the burden that falls on producers is 1 per liter. True or False: The effect of the tax on the quantity sold would have been the same as if the tax had been levied on consumers.

Use the marginal tax rates in the table below to compute the tax owed in the following situation. Paul is a head of household with a taxable income of 113,000. He is entitled to an 8000 tax credit. Tax Rate Head of Household 10% up to 13,350 15% up to 50,800 25% up to 131,200 28% up to 212,500 33% up to 416,700 35% up to 444,550 39.6% above 444,550 Standard deduction 9350 Exemption (per person) 4050 The tax owed is . (Type an integer or a decimal.)

Determine el interés que gana en un año un depósito de 1000 en: a) Una cuenta de ahorros que paga 20% de interés anual simple. b) Una cuenta de ahorros que paga 10% de interés semestral simple. c) Una cuenta de ahorros que paga 20% de interés anual compuesto semestralmente. d) Una cuenta de valores que paga 20% de interés anual convertible trimestralmente.

A person has 40,000 to invest. As the person's financial consultant, you recommend that the money be invested in Treasury bills and corporate bonds. The person wants to have an annual return of 1,040, and the amount invested in corporate bonds must not be less than invested in Treasury bills. Find the amount in each investment. What is the solution? Select the correct choice below and fill in any answers within your choice. A. There is one solution. The amount in treasury bills is 9000, the amount in treasury bonds is 31,000, and the amount in corporate bonds is 0000. (Type integers or decimals.) B. There are infinitely many solutions. The amount in treasury bills is , the amount in treasury bonds is , and the amount in corporate bonds is , where x is any real number. (Simplify your answers.) C. There is no solution.

The table gives information about the labor market in October and November 2021 in the economy of Sandy Island. Calculate for October 2021 a. The unemployment rate. b. The employment-to-population ratio. And calculate for the end of November 2021 c. The number of people unemployed. d. The number of people employed. e. The unemployment rate. Answer to 1 decimal place. In October 2021: The unemployment rate is percent. Labor Market Data Number In October 2021 Employed 18,000 Unemployed 3,000 Not in labor force 3,000 During November 2021 Lost jobs and didn't look for new jobs 120 Quit jobs and retired 10 Unemployed who were hired 150 Unlucky job searchers left the labor force 40 Entered the labor force to look for work 30

Suppose that, in an attempt to combat severe inflation, the government decides to decrease the amount of money in circulation in the economy. This monetary policy action demand for goods and services in the economy, leading to prices for products. In the short run, the change in prices induces firms to produce goods and services. This, in turn, leads to a unemployment level. Based on this analysis, the economy faces the following trade-off between inflation and unemployment: Lower inflation leads to unemployment.

As a sales associate at an appliance store, you are asked to change the price cards of an appliance on display. You need to calculate the new price of each appliance.

1. ¿Cuál es la tasa de interés por periodo de: a) 30% anual capitalizable mensualmente? b) 16% anual capitalizable trimestralmente? c) 2% trimestral? d) 15% anual? e) 18% anual capitalizable semestralmente? f) 18% anual capitalizable mensualmente? g) 0.5% mensual?

Two oil wells are for sale. The first will yield payments of 10,900 at the end of each of the next 14 years, while the second will yield 7,000 at the end of each of the next 29 years. Interest rates are assumed to hold steady at 4.1% per year over the next 29 years. Which has the higher present value? the first oil well the second oil well they are the same cannot be determined

A corporation has 4,000 shares, 10% preferred stock of 55.00 par preferred stock, and 8,000 shares of common stock outstanding. The net income for the year is 260,000. Calculate earnings per share. (Round your answer to the nearest cent.)

In a lottery, the top cash prize was 647 million, going to three lucky winners. Players pick five different numbers from 1 to 54 and one number from 1 to 47. A player wins a minimum award of 600 by correctly matching three numbers drawn from the white balls (1 through 54) and matching the number on the gold ball (1 through 47). What is the probability of winning the minimum award? The probability of winning the minimum award is (Type an integer or a simplified fraction.)

The income tax rate schedule for a person filing a single return in 2018 is: Taxable Income Taxes 0-9,525 10% of taxable income 9,526-38,700 952.50 + 12% of the amount over 9,525 38,701-82,500 4,453.50 + 22% of the amount over 38,700 82,501-157,500 14,089.50 + 24% of the amount over 82,500 157,501-200,000 32,089.50 + 32% of the amount over 157,500 200,001-500,000 45,689.50 + 35% of the amount over 200,000 500,001 or more Sheila works as a student tutor and paid 796 in federal taxes in 2018. Determine Sheila's taxable income. Logan works as a caddy at a golf course and paid 1933.50 in federal taxes in 2018. Determine Logan's taxable income.

You are choosing between two projects. The cash flows for the projects are given in the following table ( million): a. What are the IRRs of the two projects? b. If your discount rate is 5.1%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? The IRR for project A is 26.65%. (Round to two decimal places.) The IRR for project B is 21.19%. (Round to two decimal places.) If your discount rate is 5.1%, the NPV for project A is 22.75 million. (Round to two decimal places.) If your discount rate is 5.1%, the NPV for project B is million. (Round to two decimal places.) Data table Project Year 0 Year 1 Year 2 Year 3 Year 4 A - 48 26 20 21 12 B - 100 21 40 50 59

a) El monto del ahorro por año. b) La tasa promedio de crecimiento del ahorro en los tres años. c) El porcentaje promedio de crecimiento del ahorro.

When an annuity contract has been fully surrendered, how will the surrender charges affect the final contract settlement? A. Final contract settlement will be reduced B. Final contract settlement will be increased C. Final contract settlement will not be affected D. Final contract settlement will be held in escrow until surrender charges are paid

SAT Scores The national average SAT score (for verbal and math) is 1028. Suppose that nothing is known about the shape of the distribution and that the standard deviation is 100. Use The Standard Normal Distribution Table. Round the final answer to at least four decimal places and intermediate z-value calculations to two decimal places. Part 1 of 2 If a random sample of 240 scores was selected, find the probability that the sample mean is greater than 1054. Assume that the sample is taken from a large population and the correction factor can be ignored. P(X̄>1054)=0.0 Part 2 of 2 If a random sample of 240 scores were selected and the sample mean were calculated to be greater than 1054, would you be surprised? (Choose one) , since the event is (Choose one) to happen. Yes No

Sales price: 5,600, 3,600 Variable cost of goods sold: (3,530), (2,410) Manufacturing margin: 2,070, 1,190 Variable selling expenses: (782), (650) Contribution margin: 1,288, 540 Fixed expenses: (610), (220) Operating income: 678, 320 Conquistador, Hurricane Sales unit volume: 2,200, 1,700 Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent for Galaxy Sports Inc.

A researcher wants to know how long it takes, on average, for a certain species of bacteria to divide. She watches 34 cells through a microscope and times how long it takes them to divide. She obtains the following data, in hours: 8.2, 8.5, 8.2, 7.5, 6.8, 8.2, 8.3, 7.8, 6.2, 8.2, 7.3, 7.6, 7.1, 5.1, 6.4, 6, 6.8, 6.3, 8.6, 7.3, 6.9, 7.9, 6.4, 7.4, 8, 7.4, 7.8, 8.1, 8.8, 8.4, 7.8, 8.8, 7.5, 7.8 Construct a 92% confidence interval for the average time it takes this species of bacteria to divide. We are 92% confident that this species of bacteria takes, on average, between 7.249 hours and 7.773 hours to divide.

Business XYZ has the following projected budget and actual budget for a given month: - Budget and Actual: - Payroll: 27,500 and 29,760 - Inventory: 13,700 and 14,230 - Rent: 9,200 and 9,970 - Services: 4,600 and 5,600 Calculate the percent change that Services are over budget. % Δ=[?] %

Trevor plans on getting a 254,000 loan for 30 years to purchase a home. Lender A offers him a 5% fixed interest rate, while Lender B is willing to give him a rate of 4.5%. How much less will the monthly payment be with Lender B? State your answer in terms of dollars, rounded to the nearest whole dollar, and do not include a sign with your response.

Find the z-score in each situation below. a. Find z.92

XYZ Corporation invests 5,000 into 91-day treasury bills with an interest rate of 2.5 %. If the broker charges a 30 commission, what is the yield? yield = [?]%

A couple deposits 19,000 into an account earning 5% annual interest for 30 years. Calculate the future value of the investment if the interest is compounded semiannually. Round your answer to the nearest cent.

account pays 2% interest compounded semiannually. (a) State the type. - sinking fund - amortization - future value - ordinary annuity - present value (b) Answer the question. (Round your answer to the nearest cent.)

Convert 3 2/8 into a decimal and a percent.

Investing. How many years will it take 4,000 to grow to 6,100 if it is invested at 6% (A) compounded quarterly? (B) compounded continuously? (A) years (Round to two decimal places.) (B) years (Round to two decimal places.)

Descripción general actividad Usted debe preparar la negociación de jugos de duraznos en envase Tetra para su cliente en México, para lo cual debe a partir de los costos CIF calcular el precio mínimo de venta a negociar. Las cantidades, características y costos de producción son los siguientes: Tipo Costo peso Cantidad 1 L 331 1060 g 54.000 320 ml 286 340 g 139.200 190 ml 243 205 g 273.600 Dimensiones caja Un/caja largo ancho alto Peso Ap. Max 10 20 cm 33 cm 17 cm 400 g 6 24 21 cm 30 cm 14 cm 340 g 6 36 20 cm 32 cm 13 cm 320 g 8 La exportación se realizará en contenedores DRY-40'STD, cargados a piso (sin pallet). Los gastos de preparación EXW son: - Cajas y etiquetas: 316 CLP/caja - Gastos preparación pedido: 108 CLP/caja - Certificaciones de Calidad: 270.000 CLP Los gastos hasta FOB, se descomponen en: - Certificación de Origen: 42.000 CLP/embarque - Certificado de libre venta: 40.500 CLP/(producto, formato) - Flete Santiago Valparaiso: 214.000 CLP/Viaje - Gate Out: 40.000 CLP/CNTR - Seguro Local: 0,6 % del EXW (min 60 USD) - Certificado VGM (Masa bruta verificada): 52.000 CLP/BOX - Agente de Aduana: 40.000 CLP/despacho +50.000 / CNTR Flete Valparaiso / Manzanillo: - Basic O/F: 800 USD/CNTR - CAF: 1,6 % - BAF: 3,8 % - BL Fee: 60 USD Seguro de Carga: - Valor Asegurado: CIF +10 % - Tasa: 0,32 % Notas: - Margen mínimo esperado: 35 % respecto al costo CIF - Considerar un T/C de 950,00 USD/CLP Precios de la competencia: 1 L 0,65 USD 320 ml 0,57 USD 190 ml 0,48 USD Instrucciones para el desarrollo del ejercicio a) Cubicar cantidad de contenedores y peso Bruto total del embarque. b) Calcular el precio total mínimo a negociar CIF Manzanillo. c) Determinar los precios individuales mínimos a negociar. d) Comparar los precios mínimos a negociar con la competencia, para conocer el rango de precios en que se puede negociar.

Sorry, but you didn't provide any actual question content related to "INTEREST RATE (Percent)" from the OCR-processed text. Could you please provide the specific question or information you need extracted?

Short selling is A) selling an odd lot B) selling borrowed securities C) selling against the investor's broker's advice D) selling stock owned for less than a year

Ajax can raise funds with the following marginal costs. Calculate the cumulative funds raised to complete the following table. Block of Funds ( Million) Cost of Capital (%) Cumulative Funds Raised ( Million) --- --- --- First 250 14.0 250 Next 250 15.5 500 Next 100 16.0 600 Next 250 16.5 Next 200 18.0 Next 200 21.0 What is the optimal capital budget (in millions) for Ajax? 900 550 1,300 1,000

Which of the following is an example of direct finance? (1 point) A small business opens a line of credit from a commercial bank. A company sells its stocks to investors. An individual deposits funds into a savings account at his credit union. An individual applies for a mortgage through a mortgage bank.

Multiple Choice When an applicant applies for a large amount of life insurance coverage, which of the following would likely NOT be an underwriting requirement? A. O Urine sample B. O Consumer report c. O Blood sample D. O Eye examination Submit

Roberto bought a 410,000 house, paying 18% down, and financing the rest at 6.2% interest for 30 years. Her monthly payments are 2059.12. How much will he really pay for her 410,000 house? Roberto will pay a total of for the house.

Suppose that Good Z has an income elasticity of -1.25. If income falls then... a. Supply Expands b. Demand Expands c. Demand Contracts d. Supply Contracts

Teresa plans to buy a used car that costs 23,000. The dealer requires a 10% down payment. The rest of the cost is financed with a 4-year, fixed-rate amortized auto loan at 9% annual interest with monthly payments. 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.

Huai takes out a 3100 student loan at 6.3% to help him with 2 years of community college. After finishing the 2 years, he transfers to a state university and borrows another 12,100 to defray expenses for the 5 semesters he needs to graduate. He graduates 4 years and 4 months after acquiring the first loan and payments are deferred for 3 months after graduation. The second loan was acquired 2 years after the first and had an interest rate of 7.1%. Find the total amount of interest that will accrue until payments begin. Part: 0 / 3 Part 1 of 3 (a) Find the total amount of interest that will accrue for loan 1 (community college). The total amount of interest that will accrue for loan 1 (community college) is T. Round your answer to two decimal places, if necessary.

Which of the following make financial statements useful? Select all that apply. Identifying red flags Complexity of GAAP Volume of information Evaluating risks and uncertainties Evaluating management

What is the purchase price of a 50-day T-bill with a maturity value of 1,522 that earns an annual interest rate of 5.611%? (Assume a 360-day year.) The purchase price is (Round to two decimal places.)

Within how many days of requesting an investigative consumer report must an insurer notify the consumer in writing that the report will be obtained? A. 3 days B. 5 days C. 14 days D. 10 days

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