LakeCraft is considering investing in a cruise ship with an expected life of 15 years that costs $135 million and will produce net cash flows of $11 million per year. LakeCraft's cost of capital is 8%. Enter your answers rounded to 2 DECIMAL PLACES.
What is the payback period?
What is the net present value (NPV) of the project?
________million (Enter your answer in millions of dollars)
In: Finance
OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship would cost
$500 million, but would operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be
$70.0 million (at the end of each year) and its cost of capital is 12.0%
a. Prepare an NPV profile of the purchase using discount rates of 2.0%, 11.5% and 17.0%.
b. Identify the IRR on a graph.
In: Finance
If a 20 per cent reduction in the price of Hello magazine leads to a 6 per cent increase in its sales, the price elasticity of demand is what?
In: Economics
In: Accounting
Examine an ad in a magazine, a TV commercial, or on a website and then write a one-page assessment in which you identify the four parts of its sales message.
In: Finance
Choose a magazine that interests you (be tasteful please) and analyze the advertisements in one issue. Describe who you think the magazine’s readers are by reviewing the ads.
In: Operations Management
Pane of Glass Inc. produces custom glasswork for high-end homes and buildings. The following cost data relate to the company’s labour costs.
|
Units Produced |
Labour Cost |
|
|
July |
400 |
$15,000 |
|
August |
300 |
13,000 |
|
September |
320 |
13,200 |
|
October |
350 |
13,800 |
|
November |
420 |
16,000 |
|
December |
410 |
14,800 |
Required:
In: Accounting
Have women (and men) been sold a fiction?
What changes does she suggest need to happen? Do you Agree?
Why is this not just a women's issue?
What is respected more in the corporate world - a marathon runner or a mother? Why?
https://www.theatlantic.com/magazine/archive/2012/07/why-women-still-cant-have-it-all/309020/
https://www.nytimes.com/2015/01/04/magazine/the-complicated-origins-of-having-it-all.html?mabReward=A6&action=click&pgtype=Homepage®ion=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine&_r=0
In: Psychology
It's tough to find out how much people earn, but in 2011, a magazine reported that the average lawyer's salary in a country was $64,000. Suppose that today you interview a random sample of 55 lawyers in the country and find that the average salary is $75,275, with a standard deviation of $82,694.Do you think the average lawyer's salary today is higher than that reported by the magazine in 2011? For this problem, assume alphaαequals=0.05.
Let muμ be the population mean lawyer's salary in the country.
Determine the null and alternative hypotheses.
H0 : u = 64,000
HA : u > 64,000
Test statistic is 1.01
What is the P-Value?
In: Math
8. A particular poll tracks daily the percentage of Americans who approve or disapprove of the performance by President 1. Daily results are based on random telephone interviews with approximately 1300 national adults. The poll reports that 49% of adults approve of President 1. The same poll reported an approval rating of 50% for President 2. A news anchor remarks that "President 1 doesn't even get as much approval as President 2 did." Is there evidence that this difference is real? State and test the appropriate hypotheses. Check conditions.
A. What is the value of the test statistic? (Round to two decimal places as needed.)
9. It the 1980s, it was generally believed that congenital abnormalities affected about 8% of a large nation's children. Some people believe that the increase in the number of chemicals in the environment has led to an increase in the incidence of abnormalities. A recent study examined 366 randomly selected children and found that 37 of them showed signs of an abnormality. Is this strong evidence that the risk has increased? (Consider a P-value of around 0.05 to represent reasonable evidence.)
A. What is the P-value? (Round to three decimal places as needed)
10. A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 20% of current readers would subscribe. The magazine contacted a simple random sample of 500 current subscribers, and 108 of those surveyed expressed interest. What should the magazine do?
A. What is the P-value of the test statistic? (Round to three decimal places as needed.)
In: Statistics and Probability