Eastwind Corp. had $1,000,000 net income in 2015. On January 1, 2015 there were 200,000 shares of common stock outstanding. On April 1, 20,000 shares were issued and on September 1, Adcock bought 30,000 shares of treasury stock. On October 1, the company declared a two-for-one stock split. On December 1, 20% stock dividend was issued. There are 30,000 options to buy common stock at $40 a share outstanding. The market price of the common stock averaged $50 during 2015. The tax rate is 40%.
During 2015, there were 40,000 shares of convertible cumulative preferred stock outstanding. The preferred is $100 par, pays $3.50 per share a year dividend, and is convertible into one share of common stock.
Eastwind issued $2,000,000 of 8% convertible bonds at face value on July 1, 2015. Each $1,000 bond is convertible into 30 shares of common stock.
Instructions
Compute the basic and diluted earnings per share for 2015. Hand write work.
In: Accounting
In: Statistics and Probability
Complete the following using Python on a single text file and submit your code and your output as separate documents. For each problem create the necessary list objects and write code to perform the following examples:
In: Computer Science
There are three urns each containing seven red, five green, and three white balls, and two old urns each containing five red, three green, and seven white balls. The urns are identical except for an old or new date stamped beneath the base. If a single red ball is randomly drawn from one of these urns, was it most probably drawn from an old urn or a new urn?
In: Statistics and Probability
One manufacturer has developed a quantitative index of the "sweetness" of orange juice. (The higher the index, the sweeter the juice). Is there a relationship between the sweetness index and a chemical measure such as the amount ofwater-soluble pectin (parts per million) in the orange juice? Data collected on these two variables for 24 production runs at a juice manufacturing plant are shown in the accompanying table. Suppose a manufacturer wants to use simple linear regression to predict the sweetness (y) from the amount of pectin (x).
Run Sweetness Index Pectin (ppm)
1 5.2 220
2 5.5 229
3 5.9 256
4 . 5.9 209
5 5.9 223
6 6.1 217
7 5.9 230
8 5.6 270
9 5.7 238
10 5.9 214
11 5.4 408
12 . 5.6 259
13 5.8 304
14 5.5 258
15 5.3 282
16 5.4 383
17 5.7 269
18 5.4 267
19 5.6 225
20 5.4 260
21 5.9 231
22 5.8 218
23 5.8 248
24 5.9 241
a. Find the least squares line for the data.
ModifyingAbove y with caretyequals=6.25546.2554plus+left parenthesis nothing right parenthesis−0.0023negative 0.0023x (Round to four decimal places as needed.) CORRECT ANSWER
b. Interpret β0 and β1 in the words of the problem. Interpret β0 in the words of the problem.
A.The regression coefficient β0 is the estimated sweetness index for orange juice that contains 0 ppm of pectin.
B.The regression coefficient β0 is the estimated increase (or decrease) in amount of pectin (in ppm) for each 1-unit increase in sweetness index.
C.The regression coefficient β0 is the estimated amount of pectin (in ppm) for orange juice with a sweetness index of 0.
D.The regression coefficient β0 does not have a practical interpretation.
In: Statistics and Probability
The time series showing the sales of a particular product over
the past 12 months is contained in the Excel Online file below.
Construct a spreadsheet to answer the following
questions.
Use a=0.2 to compute the exponential smoothing forecasts for the time series (to 2 decimals).
Month |
Time-Series Value |
Forecast |
|---|---|---|
| 1 | 105 | |
| 2 | 130 | |
| 3 | 125 | |
| 4 | 100 | |
| 5 | 90 | |
| 6 | 120 | |
| 7 | 150 | |
| 8 | 135 | |
| 9 | 95 | |
| 10 | 75 | |
| 11 | 100 | |
| 12 | 105 | |
| 13 |
Use a smoothing constant of a=0.5 to compute the exponential smoothing forecasts (to 2 decimals).
Month |
Time-Series Value |
Forecast |
|---|---|---|
| 1 | 105 | |
| 2 | 130 | |
| 3 | 125 | |
| 4 | 100 | |
| 5 | 90 | |
| 6 | 120 | |
| 7 | 150 | |
| 8 | 135 | |
| 9 | 95 | |
| 10 | 75 | |
| 11 | 100 | |
| 12 | 105 | |
| 13 |
Compute MSE (to 2 decimals).
MSE ( a= 0.2 ) : (___)| Month | Time-Series Value |
| 1 | 105 |
| 2 | 130 |
| 3 | 125 |
| 4 | 100 |
| 5 | 90 |
| 6 | 120 |
| 7 | 150 |
| 8 | 135 |
| 9 | 95 |
| 10 | 75 |
| 11 | 100 |
| 12 | 105 |
| 13 |
In: Statistics and Probability
Objective: Learning linked list.
Problem Specification:
An employer would like to maintain a linked list for employees, the data stored is
·An employee number (a positive integer)
·A yearly salary (a float).
·Number of dependents (a short positive integer)
The employer would like you as the programmer to design and implement a linked list using classes. For each class two files are needed, one to define the class, the other to implement the methods. In addition, the client uses a menu driven program with options to handle choices (methods). The methods are:
·Insert: Which inserts elements at the beginning of the list, which is the most recent input is at the beginning of the list.
·Remove: which deletes the last element in the list.
·Display: its purpose is to display the list but needs the assistance of a Print function.
·Print: a recursive function that prints all the elements of the list, first to last.
·Clear: a recursive function that deletes every Node from the list and leaves the list empty.
Requirements:
·Define a class Node containing the employee’s data and a pointer to the next Node.
·Define the necessary functions to access, instantiate, and set the data in the class Node.
·Define a class LinkedList that has only one data member, a pointer to a Node, and the necessary member functions in addition to the member functions above.
Grading criteria:
10 points Sufficient comments including specifications
5 points Menu is used to display options and calls methods.
5 points Guards are used.
10 points Insert performs it task correctly.
10 points Remove performs it task correctly.
10 points Display performs it task correctly.
10 points print is recursive and performs it task correctly.
10 points Clear performs it task correctly in a recursive manner.
10 points UML class diagrams are submitted and each is correct.
15 points Program runs correctly and performs its task correctly.
5 points test run is handed-in and demonstrates all activities.
Submission Details:
Submit a print-out of:
·The source program
·Demonstration of all activities.
In: Computer Science
1.A single-price monopolist is a monopolist that sells each unit of its output for the same price to all its customers. At its profit-maximizing output level, the single-price monopolist produces where price is ___________ than marginal cost because for it price is __________ than marginal revenue and its demand curve lies __________ its marginal revenue curve.
less; less; below
greater; greater; above
greater; greater; below
less; less; above
greater; less; below
2.
Exhibit 2
|
Quantity Sold |
||
|
Price |
(units) |
Total Cost |
|
$10 |
10 |
$80 |
|
9 |
20 |
100 |
|
8 |
30 |
130 |
|
7 |
40 |
170 |
|
6 |
50 |
230 |
|
5 |
60 |
300 |
|
4 |
70 |
380 |
A single-price monopolist is a monopolist that sells each unit of its output for the same price to all its customers. Refer to Exhibit 2. A single-price monopolist earns a total profit of __________ when it produces the profit maximizing level of output.
Group of answer choices
$120
$110
$180
$80
$49
In: Economics
1. A mutual fund company offers its customers a variety of funds: a money-market fund, three different bond funds (short, intermediate, and long-term), two stock funds (moderate and high-risk), and a balanced fund. Among customers who own shares in just one fund, the percentages of customers in the different funds are as follows. Money-market 25% High-risk stock 16% Short bond 10% Moderate-risk stock 25% Intermediate bond 8% Balanced 11% Long bond 5% A customer who owns shares in just one fund is randomly selected.
(a) What is the probability that the selected individual owns shares in the balanced fund? (
b) What is the probability that the individual owns shares in a bond fund?
(c) What is the probability that the selected individual does not own shares in a stock fund?
2. Suppose that 50% of all adults regularly consume coffee, 60% regularly consume carbonated soda, and 70% regularly consume at least one of these two products.
(a) What is the probability that a randomly selected adult
regularly consumes both coffee and soda?
(b) What is the probability that a randomly selected adult doesn't
regularly consume at least one of these two products?
3. Eighty percent of the light aircraft that disappear while in flight in a certain country are subsequently discovered. Of the aircraft that are discovered, 61% have an emergency locator, whereas 86% of the aircraft not discovered do not have such a locator. Suppose a light aircraft has disappeared. (Round your answers to three decimal places.)
(a) If it has an emergency locator, what is the probability that
it will not be discovered?
(b) If it does not have an emergency locator, what is the
probability that it will be discovered?
4. Suppose that the proportions of blood phenotypes in a particular population are as follows:
| A | B | AB | O |
| 0.50 | 0.07 | 0.04 | 0.39 |
a. Assuming that the phenotypes of two randomly selected
individuals are independent of one another, what is the probability
that both phenotypes are O? (Enter your answer to four decimal
places.)
b. What is the probability that the phenotypes of two randomly
selected individuals match? (Enter your answer to four decimal
places.)
In: Statistics and Probability
Company BVEX, headquartered in Toronto, Canada, operates seven
double-trailer trucks for commercial long-distance hauling of
cattle in Ontario, Quebec, Manitoba, New York, Vermont,
Massachusetts, New Jersey, and Maine. Each truck averages one
completed load per week, picking up the cattle from various farms
across the aforementioned states and provinces. The cattle are
driven to a large farm near Milton, Ontario.
BVEX maintains an office in each of the 8 states and provinces it
operates in. Staffing in each of these offices includes a manager,
a secretary, and a veterinarian.
BVEX’s CEO is seriously considering dropping New Jersey as a source
of business. Last year, only 25 truckloads of cattle were handled
in that state. BVEX’s CEO wants to determine if it is profitable to
retain an office and do business in New Jersey’s farms.
To analyze the New Jersey market, BVEX’s CEO gathers data on last
year's cattle shipments and revenues. Each of the 25 trucks that
were loaded in New Jersey last year carried between 26 and 50 cows.
The income generated per cow differed significantly (ranging from
50 to 80 dollars) based on the weight of the cows to be shipped.
(See the table below for details.) BVEX’s CEO decided that if she
were to simulate 25 truckloads out of New Jersey, she could
determine if it would be profitable to continue to operate there
next year. She estimates that each shipment to the Milton farm
costs $900, including the driver, gasoline, and truck expenses;
other cargo and loading and unloading costs average $120 per
shipment. In addition, it costs $41,000 per year to operate the New
Jersey office, including salaries and indirect overhead costs from
the home office in Toronto.
| Number of Cows Loaded | Probability | Revenue per cow | Probability |
| 26-30 (28) | 0.12 | ||
| 31-35 (33) | 0.16 | $50 | 0.20 |
| 36-40 (38) | 0.24 | $60 | 0.44 |
| 41-45 (43) | 0.36 | $70 | 0.28 |
| 46-50 (48) | 0.12 | $80 | 0.08 |
| 1.00 | 1.00 |
Here is the crucial question that the BVEX’s CEO wants to address:
Will the shipments of cattle out of New Jersey next year generate
enough revenues to cover BVEX costs there?
This is the main question above. Can I please get the excel solution?
In: Accounting