Questions
With double-digit annual percentage increases in the cost of health insurance, more and more workers are...

With double-digit annual percentage increases in the cost of health insurance, more and more workers are likely to lack health insurance coverage (USA Today, January 23, 2004). The following sample data provide a comparison of workers with and without health insurance coverage for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium companies have 100 to 999 employees, and large companies have 1000 or more employees. Sample data are reported for 50 employees of small companies, 75 employees of medium companies, and 100 employees of large companies

Health Insurance

Size of Company

Yes

No

Total

Small

38

12

50

Medium

61

14

75

Large

90

10

100

Conduct a test of independence to determine whether employee health insurance coverage is independent of the size of the company. Use

= .05. Use Table 12.4.

Compute the value of the

2 test statistic (to 2 decimals).

The p value is

What is your conclusion?

The USA Today article indicated employees of small companies are more likely to lack health insurance coverage. Calculate the percentages of employees without health insurance based on company size (to the nearest whole number).

Small

%

Medium

%

Large

%

Based on the percentages calculated above, what can you conclude?

In: Statistics and Probability

Note: this is my second time submitting this question. Previous answer for cost of equity percentage...

Note: this is my second time submitting this question. Previous answer for cost of equity percentage (10.19%) and WACC (7.54%) were wrong. please try to do again.  

cost of debt of 5.52% is correct. Thank you,

-----------------------------------------------------------------------------

If Wild Widgets, Inc., were an all-equity company, it would have a beta of .90. The company has a target debt-equity ratio of .45. The expected return on the market portfolio is 11 percent and Treasury bills currently yield 2.9 percent. The company has one bond issue outstanding that matures in 20 years, a par value of $1,000, and a coupon rate of 5.9 percent. The bond currently sells for $1,045. The corporate tax rate is 22 percent.

a.

What is the company’s cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b. What is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is the company’s weighted average cost of capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

a.Cost of debt % =

b.Cost of equity % =

c.WACC % =

In: Finance

Required information [The following information applies to the questions displayed below.]    In 2018, the Westgate...

Required information

[The following information applies to the questions displayed below.]
  

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

2018 2019 2020
Cost incurred during the year $ 2,204,000 $ 3,192,000 $ 2,424,400
Estimated costs to complete as of year-end 5,396,000 2,204,000 0
Billings during the year 2,140,000 3,256,000 4,604,000
Cash collections during the year 1,870,000 3,200,000 4,930,000


Westgate recognizes revenue over time according to percentage of completion.


rev: 09_15_2017_QC_CS-99734

4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

In: Accounting

Required information [The following information applies to the questions displayed below.]    In 2018, the Westgate...

Required information

[The following information applies to the questions displayed below.]
  

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

2018 2019 2020
Cost incurred during the year $ 2,204,000 $ 3,192,000 $ 2,424,400
Estimated costs to complete as of year-end 5,396,000 2,204,000 0
Billings during the year 2,140,000 3,256,000 4,604,000
Cash collections during the year 1,870,000 3,200,000 4,930,000


Westgate recognizes revenue over time according to percentage of completion.


rev: 09_15_2017_QC_CS-99734

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

In: Accounting

A park claims that the average number of visitors per day is about 85. We monitor...

A park claims that the average number of visitors per day is about 85. We monitor the park on 6 random days and find the following number of visitors on these days: 46, 79, 73, 90, 80, 55 Can we conclude at ? = 0.05 that the mean number of visitors per day in general is different from 85?

In: Statistics and Probability

A survey of 1465 people who took trips revealed that 135 of them included a visit...

A survey of 1465 people who took trips revealed that 135 of them included a visit to a theme park. Based on those survey results, a management consultant claims that less than 10 % of trips include a theme park visit. Test this claim using the α=0.05 significance level.

The test statistic is
The PP-value is

In: Statistics and Probability

A survey of 1375 people who took trips revealed that 125 of them included a visit...

A survey of 1375 people who took trips revealed that 125 of them included a visit to a theme park. Based on those survery results, a management consultant claims that less than 10 % of trips include a theme park visit. Test this claim using the α=0.01 significance level. The test statistic is The critical value is

In: Statistics and Probability

Self-check-in and self-check-out saves guests time and can be very appealing to them, however, some hotels...

Self-check-in and self-check-out saves guests time and can be very appealing to them, however, some hotels believe that guests prefer to interact with hotel staff during their registration and departure. Discuss your position on this matter and how your perspective may change depending on the type of hotel or type of guest involved.

In: Operations Management

This is for a hotel project. The first phase is a restaurant and the 2nd phase...

This is for a hotel project. The first phase is a restaurant and the 2nd phase is the hotel. It will be located on a small island in the Caribbean in the United States Virgin Islands.

  1. Vision statement
  2. Mission statement
    1. Product line or services provided
    2. Philosophy of the business
  3. The business and its environment
    1. General environment characteristics
    2. Industry environment and competition
    3. Location description
  4. Distinctive competencies

In: Operations Management

4. The Los Angles abrasion test is applied to natural aggregate particles used in construction of...

4. The Los Angles abrasion test is applied to natural aggregate particles used in construction of pavements. Is it true? Justify your answer.

5. Discuss the effect of the number of revolutions of the rotating drum used in the Los Angeles abrasion test on the Los Angeles value.

6. A test group A used 11 steel balls while another test group B used 9 steel balls for conducting the Los Angeles abrasion test of aggregates. Compare the Los Angles values obtained by these two groups in terms of percentage difference

In: Civil Engineering