7. In a survey of 4000 travelers, 1500 said that location was very important for choosing a hotel and 1200 said that reputation was very important in choosing an airline. a. Construct a 95% confidence interval estimate for the population proportion of travelers who said that location was very important for choosing a hotel.

b. Construct a 95% confidence interval estimate for the population proportion of travelers who said that reputation was very important in choosing an airline.

c. Write a short summary of the information derived from (a) and (b).

Mr. Ahmed wants to open a small Edu park for children with special needs so that the Edu park will not only provide special education and training for such children but also give some fun related games where such children motor skills and concentration improves.

1Q. Help Mr. Ahmed in setting his overall goals, objectives and strategies for his new business

in context with his mission and goal.

2Q. Suggest him with good decision of marketing concepts for his new business.

Park Co.’s 2018 income statement reported $102,605 in income before provisions for income taxes. To compute the provision for federal income taxes, the following 2018 data are provided:

Installment sales to be collected in future years                    $6,728

Income from exempt municipal bonds                                $16,379

Depreciation deducted for financial reporting purposes        $13,667

Depreciation deducted for income tax purposes          $28,361

If the alternative minimum tax provisions are ignored, what amount should Park report as taxable income?

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town next month, and the demand for hotel rooms is expected to skyrocket. In a conversation with the owner, she asked, "What should our approach to pricing be for the week of the convention? Should we require payment in full at the time of the reservation?" Which management method is Nikita using?

Multiple Choice

• the synergy method

• scientific management

• the systems viewpoint

• the devil's advocate method

• the contingency viewpoint

A firm that is looking to raise capital in the near future. To prepare for potential investors, you determined that you need the WACC of your firm. Your firm is currently structured in such a way that the debt-to-equity ratio is 0.4.

1. Since the company size is comparable with publicly traded micro-cap companies, you started analyzing the Wilshire Micro-Cap ETF, which represents a basket of micro-cap US companies. The current price of this EFT is $29.97. At inception 6.25 years ago it traded at $15.45. In a comparable period, the 3-month T-Bills, which you consider risk free, returned 0.35% annually.

   a.) What was the annualized return for the reference micro-cap ETF?
   b.) During the period considered, what was the risk premium of micro-cap stocks?
   c.) Historically your company has produced equity returns that indicate a beta to the general micro-cap market of around 1.25. Assuming this number will remain stable, what should your cost of equity be?

2. Your only debt outstanding in the market is a single bond with the following parameters:

    10 yrs until maturity
    semiannual coupons with an (annual) coupon rate of 7%
    current market price of 95 (as a percentage of the notional amount)

What is your cost of debt?

3. Given the results from 1 and 2, what is your firm's WACC?

Please provide steps and formulas.

Topic: Air Miles Canada:

AIR MILES is Canada’s largest coalition loyalty program, with more than ten million active Collector accounts and approximately two-thirds of Canadian households participating in the program. Collectors earn reward Miles by shopping with select sponsors, which can be used to redeem free flights, hotel accommodations, car bookings, merchandise, and more. AIR MILES has over 100 sponsors, including American Express, Toys R Us, Amazon, and more.

The Problem of the case,

The existing car and hotel booking experiences are drastically hurting conversion tunnels

Issues with the AIR MILES Travel booking experiences (flight, car, and hotel) is one, if not the greatest, driver of calls to the call centre, with wait times of up to 4 hours during peak seasons for travel. As a result, AIR MILES needed a redesign of the car and hotel booking experience to address the usability issues that are impacting the conversion tunnel and maintain consistency across the platform following the recent redesign of the flight booking experience.

Questions:

How would a data warehouse assist the marketing team at AIR MILES, going forward?

What functions would it perform that would be most useful?

Would a data-mining program be useful to AIR MILES?

Would it be helpful to Sponsors and Suppliers? If so, how? If not, why not?

Spring_Valley   AU_Park
1375            910
1399            935
1450            1160
1270            800
970             910
1350            1020
925             1020
875             860
1000            850
1120            873
1130            1300
1200            1100
830              795
1300            1220
1220            985
925             1060
885             1040
1560             925
1380            1450
1250            1350
900             1280
900             1160
1150             975
1440             950
930              795

A) Calculate the summary statistics for both Spring Valley and AU Park. Enter the values that you calculate into the table below. Report the values to 2 decimal places.

Summary Statistics:

B) What can you infer about the shape of the distribution of Spring Valley house prices by looking at the summary statistics you calculated in part c.

C) is there a difference in house prices in Spring Valley versus AU Park at α = 0.05.

(i) State the hypothesis that you want to test.

(ii) Record the value of the test statistic and its p-value.

(iii) What do you conclude for the test at α = 0.05?

D) Compute a 95% confidence interval for the difference in the mean house prices between Spring Valley and AU Park. Interpret your interval.

The City of St. Louis, Mississippi (population just under 24,000) passed a bond issue for $2,500,000, 4.5 percent, semiannual interest, 10 year bonds to finance the construction of a second high school to be called McGhee High, named in memory of the Pulitzer Prize winning author, William Faulkner. The State also contributed $110,000 for construction of the gymnasium. The contractor selected then submitted her contract for $2,080,000 to commence on January 2, 2019, with the project’s estimated completion in late 2019.

Part 1:

1. The contractor submitted her signed contract to the City of St. Louis. The entry to record the contract in the Debt Services Fund would include a:

A. Debit to Encumbrances—2019, $2,500,000.

B. Debit to Construction Work-in-Progress, $2,080,000.

C. Credit to Encumbrances—2019, $2,080,000.

D. Credit to Encumbrances Outstanding—2019, $2,080,000.

2. The money from the State of Mississippi of $110,000 was received by the City of St. Louis’ General Fund. The monies were then transferred from the General Fund to the Capital Project Fund. The entry in the General Fund receiving the grant money from the state would include a:

A. Credit to Program Revenues—Public Education—Capital Grants and Contributions, $110,000.

B. Credit to Revenues, $110,000.

C. Debit to Other Financing Uses—Transfers-out, $110,000.

D. Credit to Other Financing Uses—Transfers-in, $110,000.

3. The entry in the General Fund transferring the state monies to the Capital Projects Fund would include a:

A. Debit to Cash, $110,000.

B. Credit to Cash, $110,000.

C. Debit to Other Financing Sources, $110,000.

D. Credit to Other Financing Uses, $110,000

4. The entry in the Capital Projects Fund receiving the transferred state monies from the General Fund would include a:

A. Credit to Other Financing Sources, $110,000.

B. Debit to Other Financing Uses, $110,000.

C. Credit to Cash, $110,000.

D. Credit to Grants Receivable, $110,000

5. When the contractor submitted a $700,000 progress billing, the following entry in the Capital Projects Fund would include:

A. Debit to Encumbrances—2019, $700,000.

B. Credit to Cash, $700,000.

C. Debit to Encumbrances Outstanding—2019, $700,000.

D. Debit to Construction-work-in progress, $700,000

Part 2:

6. Assuming the partial billing was approved for payment and the expenditure and liability (contracts payable) was recorded for $700,000; however, St. Louis has a policy of not paying 100 percent, but retaining 20 percent as a retained percentage. The entry in the Capital Projects Fund to record the allowed payment and retained percentage would include:

A. Credit to Cash, $560,000.

B. Debit to Contracts Payable, $560,000.

C. Credit to Contracts Payable—Retained Percentage, $560,000.

D. Debit to Contracts Payable, $140,000.

7. Prior to the receipt of the bond proceeds, St. Louis needed funds and went to Southern Style Bank to borrow $600,000 in bond anticipation notes (BANs), at 5 percent, which were to be paid back using the proceeds of the $2,500,000 bond issue. The entry at the government-wide level to record the receipt of the bond anticipation notes would include a:

A. Credit to Other Financing Sources—proceeds of BANs, $600,000.

B. Debit to Cash, $1,900,000.

C. Credit to Bonds Payable, $600,000.

D. Debit to Cash, $600,000.

8. Assume the bond issue commences, and the $2,500,000 proceeds are received. St. Louis repays the bond anticipation notes in full along with $7,500 in interest. The entry recorded in the Capital Projects Fund to repay the bond anticipation notes would include a:

A. Debit to Other Financing Uses—Retirement of BANs, $600,000.

B. Credit to Cash, $600,000.

C. Debit to Bond Anticipation Notes Payable, $600,000.

D. Debit to Expenses—Interest on Long-term Debt, $7,500.

Part 3:

9. Assume that at the conclusion of the construction project that the total costs totaled $3,200,000. This included some cost overruns. Assuming the high school passes all inspections and the asset is placed into service, the re-class entry to record the Building in the Capital Projects Fund would include:

A. Credit to Buildings, $3,200,000.

B. Debit to Buildings, $3,200,000.

C. No entry would be recorded in the Capital Projects Fund.

D. Credit to Encumbrances—2019, $3,200,000

10. In the Capital Projects Fund, which of the following accounts would be part of the closing entry at the end of the project?

A. Cash.

B. Other Financing Sources—Proceeds of Bonds.

C. Expenses—Interest on Long-term Debt.

D. Construction Work in Progress

Will Thumbs Up Immediately If Answered,

Honda motor company has four vehicle manufacturing plants in various parts of the country. It is considering producing its own batteries for the vehicles that it builds instead of purchasing them from outside vendors. It could build one centralized location with a cost of $1,500,000 and each battery would cost $100, including shipping. If it builds four battery manufacturing plants near the vehicle manufacturing plants, each battery plant would cost $500,000 each, but the battery cost would be $80. Show your work/Explain for parts a-d.

a. Assuming each plant would produce 5,000 batteries each (so the single centrally located plant would produce all 20,000 batteries), which option would have the lowest costs?

b. If the production of batteries increased to 8,000 batteries per plant (or 32,000 batteries for the one centrally located plant), which option has the lowest costs?

c. What is the break-even point in terms of batteries produced?

d. If currently Ford needs 20,000 batteries but plans on producing more cars in the near future (so it would need more batteries), what should be considered when deciding which plan to follow?

please write in text not in handwriting since its hard to read from a paper pic and i need an explanation for each problem thank you

1 SONY needs $24,034,142 for a new sound studio facility to be constructed 10 years from now. The company currently has $5,000,000 to invest in such capital expenditures. At what rate of interest must it invest the $5,000,000 to fund construction of the new facility? (Round to the nearest whole percentage

2. Prepare an amortization schedule for a 5-year loan of $87,000. The interest rate is 7% with equal monthly payments How much interest is paid during the first year?