Suppose you want to establish a bullish spread strategy. The are two call options. The first one has X1=$50 and C1=$5. The second one has X2=$40 and C2=$6.

When the underlying asset price is S(t)=$45, what is the profit from the strategy?

What is the maximum profit of the strategy?

What is the minimum payoff of the strategy?

1. Indicate whether the ratios are favorable/unfavorable in comparison to the Industry Average and explain the trend of the two ratios below.
2. Analyze the implication of high Times interest earned ratio.
3. Write down the implication of having a low Debt to Total Asset Ratio. (1.5 marks)

Prepare a material requirements plan for component D. D can only be ordered in whole cases (50 units per case). One case of D is automatically received every other week, beginning in week 1 (i.e., weeks 1, 3, 5, 7). Also, there are 30 units of B and 20 units of D now on hand. Lead times for all items are a function of quantity: one week for up to 100 units, two weeks for 101 to 200 units, three weeks for 201 to 300 units, and four weeks for 301 or more units.

Correct the following sentences to make them true (3 pts/each): (type the correct sentence in the box)

11. Bacteria organize their ribosomes on one or more linear chromosomes.

12. A commensal organism will damage the host while the organism benefits.

13. Bacteriocidal drugs prevent the growth of bacteria but do not kill them.

14. The human microbiome only includes viruses and bacteria.

15. Short runs and long tumbles will help move a bacterial cells toward a target.

Use the open economy macro model (the one with 3 diagrams) to illustrate what will happen if the government runs a bigger budget surplus. Answer the following:

1. (a) (2 points) Tell me which curve or curves move.

2. (b) (2 points) Tell me which direction the curve or curves move in.

3. (c) (2 points) Tell me what happens to Savings in equilibrium.

4. (d) (2 points) Tell me what happens to Investment Plus Net Capital Outflow in equilibrium.

The accounting records of Timberline Lodge are maintained on the basis of a fiscal year ending April 30. The facts listed below are to be used for making adjusting entries at April 30, 2018.

A portion of the land owned by Timberline had been leased on April 16, 2018, to a service state operator at a yearly rental of $12,000. One year’s rent was collected in advance at the date of the lease and credited to Unearned Rental Revenue. The lease runs from April 16, 2018 through April 15, 2019.

: Determine the LRFD tensile design strength and the ASD tensile strength of the connection shown if eight 7/8-in bolts are used in each flange to connect W18 X 76 with two 3/4 X 14-in plates. Include block shear calculations. (Fy = 50 ksi, Fu = 65 ksi)

Let x be a random variable that represents the level of glucose in the blood (milligrams per deciliter of blood) after a 12 hour fast. Assume that for people under 50 years old, x has a distribution that is approximately normal, with mean μ = 69 and estimated standard deviation σ = 44. A test result x < 40 is an indication of severe excess insulin, and medication is usually prescribed.

(a) What is the probability that, on a single test, x < 40? (Round your answer to four decimal places

b) Suppose a doctor uses the average x for two tests taken about a week apart. What can we say about the probability distribution of x? Hint: See Theorem 6.1.

The probability distribution of x is approximately normal with μ_x = 69 and σ_x = 44.

The probability distribution of x is not normal.  

   The probability distribution of x is approximately normal with μ_x = 69 and σ_x = 31.11.

The probability distribution of x is approximately normal with μ_x = 69 and σ_x = 22.00.

What is the probability that x < 40? (Round your answer to four decimal places.)


(c) Repeat part (b) for n = 3 tests taken a week apart. (Round your answer to four decimal places.)


(d) Repeat part (b) for n = 5 tests taken a week apart. (Round your answer to four decimal places.)