In: Statistics and Probability
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 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 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, 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
In: Accounting
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 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 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 |
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|
Quarter |
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|
1 |
2 |
Six Months |
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|
Budget Sales in Units |
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| Variable Expenses | |||||
| Sales Commissions | $ | $ | $ | ||
|
Delivery Expense |
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|
Advertising |
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|
Total Variable |
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| Fixed Expenses | |||||
|
Sales Salaries |
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|
Office Salaraies |
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|
Depreciation |
|||||
|
Insurance |
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|
Utilities |
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|
Repair Expense |
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|
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 cuts immediately? Why or why not?
In: Economics