Building type Average floor area (m2) Total floor area (m2) avg story height(cms) COST (HK$)

1 1852 81478 410 1467000000

1 1608 64313 411 1150000000

1 1430 55783 403 1028000000

1 1562 57794 390 1100000000

1 1109 37695 391 728000000

1 905 28048 382 558000000

1 1852 81478 410 1467000000

1 901 30617 391 631000000

1 1727 69062 400 1223000000

1 1161 37148 394 761000000

1 1004 37141 400 713000000

1 1216 38912 390 784000000

1 2007 88302 422 1593000000

1 2983 173000 440 2649000000

2 1523 70080 372 1210000000

2 912 28286 370 607000000

2 1343 53715 382 977000000

2 1175 32908 381 700000000

2 1203 40902 393 811000000

2 1393 52951 392 1001000000

2 713 20681 375 468000000

2 1047 37681 411 747000000

2 1506 63270 421 1156000000

2 1642 70624 423 1268000000

2 1848 73936 403 1333000000

2 1627 60190 402 1162000000

2 1301 40321 384 864000000

2 905 25330 405 561000000

2 1727 72514 400 1303000000

2 1414 52318 392 1013000000

2 2001 76022 431 1487000000

2 400 9200 380 263000000

2 3100 102190 454 2112000000

2 1677 83860 410 1519000000

2 2415 130032 420 2045000000

2 1555 46637 410 1025000000

2 792 20596 420 540000000

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Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors.

Which of the following is correct about the intercept?

Select one:

a. It is the expected cost of a steel building with an average story height and an average total area.

b. It is the expected cost of a reinforced concrete building with an average story height and an average total area.

c. It is the expected cost of a steel building with a story height of 0 cm and an average total area.

d. It is the expected cost of a reinforced concrete building with an average story height and a total area of 0 m2.

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Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors.

According to the model, is it significantly more expensive (at .05 level) to build a steel building compared to a reinforced concrete building, holding everything else constant?

Select one:

a. no

b. yes

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Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors.

Which of the following is wrong about the slope of story height?

Select one:

a. it is the expected change in the predicted building cost for a one unit change in story height, holding total area and construction type constant.

b. Has a positive relationship with the cost of building

c. Has a negative relationship with the cost of building

Question 10

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Run a regression model to estimate the cost of a building using average story height (mean centered), total floor area (mean centered), and construction type (dummy coded) as predictors.

Which of the following is wrong about the slope of total area?

Select one:

a. it is the expected change in the predicted building cost for a one unit change in total area, in holding story height and construction type constant.

b. Has a positive relationship with the cost of building

c. Has a negative relationship with the cost of building

PERFORMANCE EVALUATION

Julie Miller supervisor of housecleaning for Hotel Minto, was surprised by her summary report for March given below.

Julie was disappointed. She thought she had done a good job controlling housekeeping labor and towel usage, but her performance report revealed an unfavorable variance of $12,111. She had been hoping for a bonus for her good work, but now expected a series of questions from her manager.

The cost budget for housekeeping is based on standard costs. At the beginning of a month, Julie receives a report from Hotel Minto’s Sales Department outlining the planned room activity for the month. Julie then schedules labor and purchases using this information. The budget for the housekeeping was based on 8,000 room nights. Each room night is budgeted based on the following standards for various materials, labor, and overhead:

With 8,900 room nights sold, actual costs and usage for housekeeping during April were:

Required:

You have been asked to re-evaluate Julie’s performance.

Prepare a report to Julie’s boss demonstrating and explaining your findings; including your suggestions for performance evaluation methods and measures in the future.

Explain what your report suggests about Kathys departiment erformance.

ABC Construct Bina Sdn Bhd. is awarded a contract to construct 100 single storey houses. The construction method is using conventional method or in-situ construction. Concrete is the main material used in that construction project.

a) Demonstrate the roles of parties involved in ensuring good quality of work is delivered during the construction project.

b) Explain the assessment involved in ensuring the quality of the reinforced concrete structural elements.

c) Discuss the possible problems related to poor quality control that may arise at construction site.

Airnova Inc. has two types of bonds, Bond D and Bond F. Both have 8 percent coupons, make semiannual payments, and are priced at par value. Bond D has 2 years to maturity. Bond F has 15 years to maturity.

Airnova Inc. is considering four different types of stocks. They each have a required return of 20 percent and a dividend of $3.75 for share. Stocks, A, B, and C are expected to maintain constant growth rates in dividends for the near future of 10 percent, 0 percent, and -5 percent, respectively. Stock D is a growth stock and will increase its dividend by 30 percent for the next four years and then maintain a constant 12 percent growth rate after that.

Discuss

If interest rates suddenly rise by 2 percent, what is the percentage change in both bonds?

If interest rates suddenly fall by 2 percent, what is the percentage change in both bonds?

What does this tell you about the interest rate risk of longer-term bonds?

What is the dividend yield for each of the four stocks?

What is the expected capital gains yield?

Discuss the relationship among the various returns that you find for each of the stocks.

Airnova Inc. has two types of bonds, Bond D and Bond F. Both have 8 percent coupons, make semiannual payments, and are priced at par value. Bond D has 2 years to maturity. Bond F has 15 years to maturity.

Airnova Inc. is considering four different types of stocks. They each have a required return of 20 percent and a dividend of $3.75 for share. Stocks, A, B, and C are expected to maintain constant growth rates in dividends for the near future of 10 percent, 0 percent, and -5 percent, respectively. Stock D is a growth stock and will increase its dividend by 30 percent for the next four years and then maintain a constant 12 percent growth rate after that

Discuss

If interest rates suddenly rise by 2 percent, what is the percentage change in both bonds?

If interest rates suddenly fall by 2 percent, what is the percentage change in both bonds?

What does this tell you about the interest rate risk of longer-term bonds?

What is the dividend yield for each of the four stocks?

What is the expected capital gains yield?

Discuss the relationship among the various returns that you find for each of the stocks.

Consider

Airnova Inc. has two types of bonds, Bond D and Bond F. Both have 8 percent coupons, make semiannual payments, and are priced at par value. Bond D has 2 years to maturity. Bond F has 15 years to maturity.

Airnova Inc. is considering four different types of stocks. They each have a required return of 20 percent and a dividend of $3.75 for share. Stocks, A, B, and C are expected to maintain constant growth rates in dividends for the near future of 10 percent, 0 percent, and -5 percent, respectively. Stock D is a growth stock and will increase its dividend by 30 percent for the next four years and then maintain a constant 12 percent growth rate after that.

Discuss

• If interest rates suddenly rise by 2 percent, what is the percentage change in both bonds?

• If interest rates suddenly fall by 2 percent, what is the percentage change in both bonds?

• What does this tell you about the interest rate risk of longer-term bonds?

• What is the dividend yield for each of the four stocks?

• What is the expected capital gains yield?

• Discuss the relationship among the various returns that you find for each of the stocks.

Airnova Inc. has two types of bonds, Bond D and Bond F. Both have 8 percent coupons, make semiannual payments, and are priced at par value. Bond D has 2 years to maturity. Bond F has 15 years to maturity.

Airnova Inc. is considering four different types of stocks. They each have a required return of 20 percent and a dividend of $3.75 for share. Stocks, A, B, and C are expected to maintain constant growth rates in dividends for the near future of 10 percent, 0 percent, and -5 percent, respectively. Stock D is a growth stock and will increase its dividend by 30 percent for the next four years and then maintain a constant 12 percent growth rate after that.

Discuss:

If interest rates suddenly rise by 2 percent, what is the percentage change in both bonds?

If interest rates suddenly fall by 2 percent, what is the percentage change in both bonds?

What does this tell you about the interest rate risk of longer-term bonds?

What is the dividend yield for each of the four stocks?

What is the expected capital gains yield?

Discuss the relationship among the various returns that you find for each of the stocks.

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

rev: 09_15_2017_QC_CS-99734

4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Loss amounts should be indicated with a minus sign.)

Write a program that asks the user to enter an item’s wholesale cost and the markup percentage. It should then display the item’s retail price, which also includes a sales tax. For example, if the item’s wholesale cost is $5.00 and it’s markup is 100 percent, than the item’s retail price will be the marked up cost ($10.00) plus the sales tax (assume 6%), which would be $10.60). If an item’s wholesale cost is $10.00 and it’s markup is 50 percent, then the retail cost would be $15.90.

The program should have a method named “calculateRetail” that receives the wholesale cost and markup percentage as arguments and return the retail price of the item.