1. The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and $494,450 in 2005. Compute the percentage of net change in sales. (Round answer to one decimal place.)a. 52.1%b. 34.3%c. 48.5%d. 65.7%
2. The balance sheet of Food Products, Inc. showed owners' equity of $200,000 in 2001 and $320,000 in 2002. Compute the percentage of increase in owners' equity. (Round answer to one decimal place.)a. 37.5%b. 62.5%c. 60.0%d. 38.4%
In: Accounting
OceanGate sells external hard drives for $270 each. Its total fixed costs are $50 million, and its variable costs per unit are $220. The corporate tax rate is 30%. If the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many.
a. What will be the percentage decline in sales if the economy enters a recession?
b. What will be the percentage decline in profits if the economy enters a recession?
c. Comparing your answers to (a) and (b), how would you measure the operating leverage of this firm?
In: Finance
Consider a 8% coupon bond making annual coupon payments with 4 years until maturity and a yield to maturity of 10%.
Please show how to do it and use excel if possible. thank you
In: Finance
A marketing research firm provides you with the following information. Historically, they have correctly predicted a positive market 82% of the time and correctly predicted a negative market 76% of the time. Without any market survey information, the estimate for a favorable market is 50% and an unfavorable market is 50%.
a) What is the probability (in percentage) of a favorable market, given that the market survey predicts a favorable market? Answer in integer value.
b) What is the probability (in percentage) of an unfavorable market, given that the market survey predicts an unfavorable market? Answer in integer value.
In: Advanced Math
Find one data set. 50 datums minimum
You may use NBA, NHL, MLB, stock market, coinmarketcap (crypto currency) or any other type of data.
What type of data is it? Ordinal? Interval? Ratio?
Create a frequency distribution with 7 classes.
Create a Histogram based on data.
Find: Data Frequency, Percent, Cumulative frequency, Cumulative Percent
Create a step by step frequency distribution in Excel for data ( set boundaries, midpoint, frequency, percentage, cumulative frequency and cumulative percentage).
In: Statistics and Probability
Find one data set. 50 datums minimum
You may use NBA, NHL, MLB, stock market, coinmarketcap (crypto currency) or any other type of data.
What type of data is it? Ordinal? Interval? Ratio?
Create a frequency distribution with 7 classes.
Create a Histogram based on data.
Find: Data Frequency, Percent, Cumulative frequency, Cumulative Percent
Create a step by step frequency distribution in Excel for data ( set boundaries, midpoint, frequency, percentage, cumulative frequency and cumulative percentage).
In: Statistics and Probability
The price elasticity of demand for ambulatory mental health services appears to be about - 0.8, and the price elasticity for general ambulatory medical services appears to be about -0.3. How much would spending increase for each type of care if copays were cut from $40 to $25? *Hint: Need to find out how much the copay decreased by in percentage and that will give you the percentage change in price to plug into your elasticity formula. (PLEASE SHOW WORK ON HOW YOU GOT THE ANSWER, THANK YOU).
In: Economics
In: Chemistry
OceanGate sells external hard drives for $280 each. Its total fixed costs are $50 million, and its variable costs per unit are $210. The corporate tax rate is 30%. If the economy is strong, the firm will sell 8 million drives, but if there is a recession, it will sell only half as many.
a. What will be the percentage decline in sales if the economy enters a recession?
b. What will be the percentage decline in profits if the economy enters a recession?
c. Comparing your answers to (a) and (b), how would you measure the operating leverage of this firm?
In: Finance
OceanGate sells external hard drives for $180 each. Its total fixed costs are $10 million, and its variable costs per unit are $110. The corporate tax rate is 30%. If the economy is strong, the firm will sell 8 million drives, but if there is a recession, it will sell only half as many.
a. What will be the percentage decline in sales if the economy enters a recession?
b. What will be the percentage decline in profits if the economy enters a recession?
c. Comparing your answers to (a) and (b), how would you measure the operating leverage of this firm?
In: Finance