Questions
A survey found that womens heights are normally distributed with mean 62.7 in and standard deviation...

A survey found that womens heights are normally distributed with mean 62.7 in and standard deviation 3.5 in. the survey also found that mens heights are normally distributed with a mean 67.1 and SD 3.8 inch. Most of the live characters employed at an amusement park have height requirements of a minimum of 56in and a maximum of 64in.


A) most of the live characters at an amusement park have height requirements with a minimum of 4ft 9in and a maximum of 6ft 4in find the percentage of women meeting the height requirement
the percentage of woment who meet the height requirement?
(round to two decimal places as needed)
b) find the percentage of men meeting the height requirement
the percentage of men meeting the height requirement
(round to two decimal places as needed )
c) If the height requirements are changed to exclude only the tallest 5% of men and the shortest 5% of women what are the new height requirements
the new height requirements are at least ___ in. and at most ___ in.
(round to one decimal place as needed)

In: Statistics and Probability

A survey found that​ women's heights are normally distributed with mean 62.6 in. and standard deviation...

A survey found that​ women's heights are normally distributed with mean 62.6 in. and standard deviation 2.1 in. The survey also found that​ men's heights are normally distributed with mean 69.4 in. and standard deviation 3.8 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 57 in. and a maximum of 63 in. Complete parts​ (a) and​ (b) below. a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement​ park? The percentage of men who meet the height requirement is nothing​%. ​(Round to two decimal places as​ needed.) Since most men ▼ meet do not meet the height​ requirement, it is likely that most of the characters are ▼ men. women. b. If the height requirements are changed to exclude only the tallest​ 50% of men and the shortest​ 5% of​ men, what are the new height​ requirements? The new height requirements are a minimum of nothing in. and a maximum of nothing in. ​(Round to one decimal place as​ needed.)

In: Statistics and Probability

C++ When an object is falling because of gravity, the following formula can be used to...

C++ When an object is falling because of gravity, the following formula can be used to determine the distance that object falls in a specific time period: d = 1/2 g t*t The variables in the formula are as follows: d is the distance in meters g is 9.8 t is the amount of time, in seconds that the object has been falling. Design a function called fallingDistance() that accepts an object's falling time (in seconds) as an argument. The function should return the distance, in meters, that the object has fallen during that time interval. Design a program that calls the function in a loop that passes the values 1 through 10 as arguments and displays the return value. 5 Falling Distance (5 points) Seconds Meters 1.0 4.9 2.0 19.6 3.0 44.1 4.0 78.4 5.0 122.5 6.0 176.4 7.0 240.10000000000002 8.0 313.6 9.0 396.90000000000003 10.0 490.0

In: Computer Science

In this chapter, we have discussed how markets work. Recently some new markets have emerged that...

In this chapter, we have discussed how markets work. Recently some new markets have emerged that focus on sharing of durable goods among a wider circle of users. The rise of these sharing markets may well have an impact on the relationship between the economy and the environment.
What are the market niches these firms have found? How is Airbnb different from Hilton? How is Uber different from Hertz or Yellow Cab? Is this a matter mainly of a different type of supply or is the demand side affected as well?
Why now? Markets for personal transportation and temporary housing have been around for a long time. How can these new companies find profitable opportunities in markets that have existed for some time? Is it evidence that the markets are not competitive? Or have the new opportunities been created by some changes in market conditions?
Are these new sharing markets likely on balance to be good for or harmful to the environment? Why?

In: Economics

Consider an economy that produces output with labor and capital, with those goods allocated to consumption,...

Consider an economy that produces output with labor and capital, with those goods allocated to consumption, investment, and government purchases. Suppose the government very temporarily, and unexpectedly, increases its purchases of goods. (Assume the government finances these temporary purchases by issuing additional debt. Assume the government only purchases goods—it does not produce goods, or employ labor directly.) Explain the impact of this increase in government spending in both the goods and labor markets today. What happens to consumption demand, investment demand, aggregate demand, and aggregate supply? What happens to the market-clearing real interest rate, total output, consumption and investment? What happens to labor supply and labor demand? What happens to the market clearing real wage and labor hours? Illustrate graphically

In: Economics

Individual Case Study 2 Master Budget, Cash Budget and Budgeted Income Statement After two years study...

Individual Case Study 2 Master Budget, Cash Budget and Budgeted Income Statement
After two years study at UCW, you finally graduate and start a job as Junior accountant at All About The Beard Inc.(AATB). Your manager is responsible for the national distribution of men grooming sets. Because of the new fashion style among current generation, the company has grown rapidly, and the prompt growth forces the management team to improve their efficiency and manage their production effectively.
You have just been given responsibility for all planning and budgeting of the entire men grooming set division. Today is your first day, you have just given an assignment to prepare master budget for the manager, who needs to present the budget and discuss the financial objectives with the shareholders tomorrow. During your job interview, you clearly stated that you gained managerial accounting knowledge and hand on experience during your MBA study.
Your first assignment is to prepare a master budget for the next fiscal year, starting October 1, 2020. The office manager brought a pile of files on your desk including the past sale records, product information, manufacture schedule and supplier pricing list. Now, you realized that you should have pay more attention during the lecture rather than checking your social media page. Now, you don’t know where to start. Fortunately, you remember that you still kept a copy spreadsheet of the master budget template in your computer from the accounting course during your MBA study.
Note: The company desires a minimum ending cash balance each quarter on $35,000. The beard grooming products are sold to retailers for $20 each and the sales have been stagnant due to the Covid-19. However, the marketing department has been positive toward the end of the year due to season change and upcoming holiday. The marketing department has just sent you their forecasted quarter sales and marketing budget.
Quarter
2020 Q4
2021 Q1
2021 Q2
2021 Q3
2021 Q4
2022 Q1
Sales in Unit
30,000
35,000
40,000
65000
68000
70,000
Marketing Expenses
$35,000
$20,000
$20,000
$45,000
$45,000
$45,000
The increased sales volume before and during June and January is due to Father’s Day and holidays with AATB being a favorite. Ending finished goods inventories are supposed to be equal to 20% of the next quarter’s sales in units. AATB currently does its own assembly production in house. Each unit consists of 3 shaves and the cost of each is $1.50. Each unit needs 0.10 labour hour from assemble to finish package. The hourly pay rate to the assembling workers is $15 per hour. The production manager also required desired direct material ending inventory to 30% of the next quarter production.
Purchases are paid for in the following manner: 50% in the quarter of the purchase and the remaining 50% paid in the quarter following the purchase. All sales to the distributors are made on credit terms with no discount (for now), and payable within 15 days. The AATB has determined that only 50% of sales are collected by the end of the quarter in which the sale occurred. An additional 30% is collected in the quarter following the sale, and the remaining 20% is collected in the second quarter following the sale. Bad debts have been negligible, supporting the credit terms as favorable.
Below is a display of the AATB division monthly manufacture overhead and selling and administrative expenses:

Manufacture Overhead
Variable:
Indirect labour $0.5 per labour hour
Indirect Materials $0.2 per labour hour
Fixed:
Wages and Salaries $2,000 per month
Utilities $1,500 per month
Insurance $2,000 per month
Depreciation $2,000 per month
Selling and Administrative
Variable:
Sales Commissions $1 per unit
Fixed (Monthly) :
Wages and Salaries $22,000
Utilities $6,000
Insurance $1,200
Depreciation $1,500
Miscellaneous $3,000
Labour, Manufacture Overhead, and Selling and Administrative expenses are all paid during the month, in cash, with the exception of depreciation (of course). AATB will make a purchase of a parcel of land during the first quarter of 2021 for $22,500 cash. AATB contributes to the corporate dividend at a rate of $12,000 each quarter, payable in the first month of the following quarter. AATB’s balance sheet at the end of the third quarter is shown below:
Assets
Cash $14,000
Accounts receivable ($48,000 sales in Q2 and $152,000 in Q3 this year ) $200,000
Liabilities
Accounts payable $85,700
An agreement with Bank of the West allows AATB to borrow in increments of $1,000 at the beginning of each month, up to a total loan amount of $550,000. The interest rate on these loans is 12% annually (pretty high considering market rates) but the interest is not compounded, meaning this is simple interest only.
Required:
Prepare a master budget for twelve months from Oct, 2020 to Oct, 2021. Include the following budget schedules and financial statements:
1) Master Budget
2) Cash Budget. Show the cash budget by month and in total.
3) Budgeted Income statement

In: Accounting

PLEASE DO NOT USE EXCEL 1) You make a series of deposits every quarter starting at...

PLEASE DO NOT USE EXCEL

1) You make a series of deposits every quarter starting at the end Quarter 1 and ending at the end of Quarter 36. The first deposit is $1,100, and each deposit increases by $400 each Quarter. The nominal APR is 7%, compounded continuously. What is the future value of these series of deposits at the end of Quarter 36?

2) Kelly took a $13,000 loan at 9.45% APR compounded daily. The loan will be paid in 36 equal monthly payments. (a) What is the monthly payment? (b) What is the total amount of interest that Kelly has to pay over the life of the loan? (c) In the 20th payment, how much of it is the interest payment and how much of it pays against the principal? (d) Right after the 20th payment, Kelly wants to pay off the remainder of the loan with a single payment, what should be the amount of that payment?

3) You receive payments at the end of each Quarter starting at the end of Quarter 1 and lasting 6 years (so the last payment you receive is at the end of Quarter 24). These payments are an equal series of payments of $2,500 for all 24 payment periods. The interest rate is 7% APR compounded monthly. What is the present value (at the beginning of Quarter 1) of this series of 24 payments?

In: Finance

You are interested in manufacturing a new product and wish to purchase entry-level equipment. You have...

You are interested in manufacturing a new product and wish to purchase entry-level equipment. You have identified two alternative sets of equipment and gear. Package A has a first cost of $160,000, an operating cost of $8000 per quarter, and a salvage value of $40,500 after its 2-year life. Package B has a first cost of $210,000 with a lower operating cost of $5000 per quarter, and an estimated $25,000 salvage value after its 4-year life. Which package offers the lower present worth analysis at an interest rate of 8% per year, compounded quarterly?

In: Economics

Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative...

Exercise 9-12

Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available.

1. Sales: 20,800 units quarter 1; 22,100 units quarter 2.
2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%.
3. Fixed costs per quarter: sales salaries $10,900, office salaries $6,160, depreciation $4,490, insurance $2,080, utilities $880, and repairs expense $670.
4. Unit selling price: $24.


Prepare a selling and administrative expense budget by quarters for the first 6 months of 2020. (List variable expenses before fixed expense.)

KIRKLAND COMPANY
Selling and Administrative Expense Budget

KIRKLAND COMPANY
Selling and Administrative Expense Budget

For the Quarter Ending June 30, 2020For the Six Months Ending June 30, 2020June 30, 2020

Quarter

1

2

Six Months

Budget Sales in Units

Variable Expenses
Sales Commissions $ $ $

Delivery Expense

Advertising

Total Variable

Fixed Expenses

Sales Salaries

Office Salaraies

Depreciation

Insurance

Utilities

Repair Expense

Total Fixed

Total Selling and Administrative Expenses $ $ $

In: Finance

Should the US extend the tax cuts beyond 2025, or should the US repeal the tax...

Should the US extend the tax cuts beyond 2025, or should the US repeal the tax cuts immediately? Why or why not?

In: Economics