a women spent a week on a cruise ship with periodic feeling of vertigo, but she successfully treated her initial nausea with drugs for motion sickness. A week after she disembarked, her feeling of vertigo returned. HOwever, this time it seemed like the room was spinning and she now had tinnitus.

1. Which organs of the vestibular apparatus would be activated by movements of the ship at sea? what role does vision play in vertigo caused by this movement? explain

2. what might cause the nausea of seasickness, and how does medication help to relieve this nause?

3. What is tinnitus, and how might it be produced when a person has vertigo?

​OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship will cost $ 495 million and will operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be $ 69.8 million and its cost of capital is 12.1 %. a. Prepare an NPV profile of the purchase. b. Identify the IRR on the graph. c. Should OpenSeas go ahead with the​ purchase? d. How far off could​ OpenSeas's cost of capital estimate be before your purchase decision would​ change? a. Prepare an NPV profile of the purchase. To plot the NPV​ profile, we compute the NPV of the project for various discount rates and plot the curve. The NPV for a discount rate of 2.0 % is ​$ nothing million.

​

​OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship will cost

$ 500$500

​million, and will operate for

2020

years. OpenSeas expects annual cash flows from operating the ship to be

$ 70.0$70.0

million and its cost of capital is

12.0 %12.0%.

a. Prepare an NPV profile of the purchase.

b. Identify the IRR on the graph.

c. Should OpenSeas proceed with the​ purchase?

d. How far off could​ OpenSeas' cost of capital estimate be before your purchase decision would​ change?

a. Prepare an NPV profile of the purchase.

To plot the NPV profile we compute the NPV of the project for various discount rates and plot the curve.

The NPV for a discount rate of

2.0 %2.0%

is

​$nothing

million. ​

Backwoods American, Inc., produces expensive water-repellent, down-lined parkas. The co. implemented a TQM program in 2005. Following are the quality-related accounting data that have been accumulated for the 5-year period after the program's start.

• List some examples of each quality-related costs - i.e., of prevention, appraisal, and internal and external failure costs - that might result from the production of the parkas.
• The BA Inc produces 20,000 parkas annually. The quality management program implemented improved average percentage of good parkas produced by 2% each year beginning with 83% good quality parkas in 2005. Only 20% of poor quality parkas can be reworked (and made good). Compute the product yield for each of the 5 years.
• Assuming a rework cost of $12/parka, determine the manufacturing cost per good parka for each of the 5 years. What do these results imply about the co's quality management program?

Backwoods American, Inc., produces expensive water-repellent, down-lined parkas. The co. implemented a TQM program in 2005. Following are the quality-related accounting data that have been accumulated for the 5-year period after the program's start.

• Compute the co's total failure costs ratios (=(Internal Failure + External Failure)/(TQC) x 100%) as a % of TQC for each of the 5 years. Does there appear to be a trend? What might be the cause?
• Compute prevention costs (prevention/TQC x 100%) and appraisal cost (appriasal/TQC x 100%), each as a % of TC, during each of the 5 years. What do you guess is the co's quality strategy (e.g., emphasis on being proactive or reactive)?
• Compute quality-sales indices (TQC/Sales) and quality-cost indices (TQC/MfrCost) for each of the 5 years. Can one assess the effectiveness of the co's quality management program from these indices (i.e., are these indices good indicators of effectiveness)?
• List some examples of each quality-related costs - i.e., of prevention, appraisal, and internal and external failure costs - that might result from the production of the parkas.
• The BA Inc produces 20,000 parkas annually. The quality management program implemented improved average percentage of good parkas produced by 2% each year beginning with 83% good quality parkas in 2005. Only 20% of poor quality parkas can be reworked (and made good). Compute the product yield for each of the 5 years.
• Assuming a rework cost of $12/parka, determine the manufacturing cost per good parka for each of the 5 years. What do these results imply about the co's quality management program?

Problem 17-7 The following information relates to the debt securities investments of Carla Company.

1. On February 1, the company purchased 10% bonds of Gibbons Co. having a par value of $322,800 at 100 plus accrued interest. Interest is payable April 1 and October 1.

2. On April 1, semiannual interest is received.

3. On July 1, 9% bonds of Sampson, Inc. were purchased. These bonds with a par value of $201,600 were purchased at 100 plus accrued interest. Interest dates are June 1 and December 1.

4. On September 1, bonds with a par value of $63,600, purchased on February 1, are sold at 99 plus accrued interest.

5. On October 1, semiannual interest is received.

6. On December 1, semiannual interest is received.

7. On December 31, the fair value of the bonds purchased February 1 and July 1 are 95 and 93, respectively.

(a) Prepare any journal entries you consider necessary, including year-end entries (December 31), assuming these are available-for-sale securities. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

E3-14B Here is the ledger for Camphor Co.

Instructions

(a) Reproduce the journal entries for only the transactions that occurred on October 1, 10, and 20, and provide explanations for each.

(b) Prepare a trial balance at October 31, 2014. (Hint: Compute ending balances of T accounts first.)

Ginvold Co. began operating a subsidiary in a foreign country on January 1, 2008 by acquiring all of the common stock for §50,000. This subsidiary immediately borrowed §120,000 on a five-year note with ten percent interest payable annually beginning on January 1, 2008. A building was then purchased for §170,000. This property had a ten-year anticipated life and no salvage value and was to be depreciated using the straight-line method. The building was immediately rented for three years to a group of local doctors for §6,000 per month. By year-end, payments totaling §60,000 had been made. On October 1, §5,000 were paid for a repair made on that date. A cash dividend of §6,000 was transferred back to Ginvold on December 31, 2008. The functional currency for the subsidiary was the stickle. Currency exchange rates were as follows:

January 1, 2008 $2.40=$1

October 1, 2008 $2.22=$1

Average for 2008 $2.28=$1

December 31, 2008 $2.16=$1

A. Prepare an income statement for this subsidiary in stickles and then translate these amounts into U.S. dollars.

B. Prepare a statement of retained earnings for this subsidiary in stickles and then translate these amounts into U.S. dollars.

C. Prepare a balance sheet for this subsidiary in stickles and then translate these amounts into U.S. dollars.

1. Determine the null and alternative hypothesis for the following situation. Write it out using proper notation, and then explain what would happen in a type 1 and type 2 error.

A study claims that people, on average, watch just under 480 minutes (eight hours?!) of television per day (The Atlantic, 2018). Amazingly, you suspect that this value is too low, so you conduct a survey and calculate the average amount of TV time from your survey is 495 minutes.

2. When hypothesis testing, what does the alpha value represent? Why is it significant?
3. At Halloween in 2013, the average American consumed approximately 3.4 pounds of candy (couponfollower.com). You believe this value has since decreased with the rising popularity of Whole 30 and other fad diets. You sample 30 Americans, and find that they’ve eaten 2.9 pounds of candy this Halloween (a still exorbitant amount), with a sample standard deviation of 1.2 pounds. Determine the test statistic for this, and at the 5% significance level, determine if you should reject the null hypothesis.
4. Since his inauguration until October 2018, President Trump’s approval rating has sat at approximately 41% (fivethirtyeight.com). In a survey of 500 Americans prior to the midterm elections, 230 people approve of the job the President is doing. At the 10% significance level, can we claim the President’s approval rating has changed since October?