There are two types of potential borrowers in equal numbers among the population. All haveprojects that require an investment of $100, which must be borrowed. Type A projects yield agross return of $130 in one year with probability .8; they fail and yield 0 with probability .2. Type B projects yield a gross rate of return of $250 with probability.4, but fail, yielding zero,with probability .6.Potential lenders require an expected gross return of $102 on $100 loaned. With symmetricinformation, who will get financing and why? Now suppose the project expected returns areprivate information. Lenders cannot distinguish one type from another. Will any lending occur?Why or why not? Explain in detail.
In: Economics
| Item | Cost | Price | ||||||
| Per Unit (RM) | % of Cost to price | Total (RM) | Note | Per Unit (RM) | Total (RM) | |||
| Food | 18.72 | 40% | 11,232.00 | 1 | 46.80 | 28,080.00 | 40% of RM 28,080 | |
| Beverage | 1.30 | 26% | 780.00 | 2 | 5.00 | 3,000.00 | 26% of RM3,000 | |
| Hall Rental | 5.00 | 50% | 3,000.00 | 3 | 10.00 | 6,000.00 | 50% of RM6,000 | |
| AV & Equipment | 4.00 | 50% | 2,400.00 | 4 | 8.00 | 4,800.00 | 50% of RM4,800 | |
| Carpark | 2.10 | 70% | 1,260.00 | 5 | 3.00 | 1,800.00 | 70% of RM1,800 | |
| Decoration | 6.00 | 100% | 3,600.00 | 6 | 6.00 | 3,600.00 | 100% of RM3,600 | |
| Salaries | 19.70 | 25% | 11,820.00 | 7 | 25% of RM 47,280 | |||
| Operation System | 6.30 | 8% | 3,782.40 | 8 | 8% of RM 47,280 | |||
| Utilities | 6.30 | 8% | 3,782.40 | 9 | 8% of RM 47,280 | |||
| Total | 69.42 | 41,656.80 | 78.80 | 47,280.00 | ||||
The above data is the cost and price of the event of Annual Dinner . As a cost controller, using the data above briefly explain and analyze how the company can maximize the profit and minimize the cost using the below method?
a. Job Costing
b. Hybrid Costing
c. Process costing
d. Historical costing
e. Operating Costing
In: Accounting
John runs a bakery making artisan bread. Which of the following would be considered a product cost? (check all that apply)
Group of answer choices
energy utilities
the monthly rental payment on the bakery
the cost of the dough used to make the bread
the cost of the packaging materials (plastic bags) used for a loaf of bread
In: Accounting
Suppose your company has built a database application that runs on a centralized database, but even with a high-end computer and appropriate indices created on the data, the system is not able to handle the transaction load, leading to slow processing of queries. What would be some of your options to allow the application to handle the transaction load?
In: Computer Science
Need to write a c program
Program prints a message telling the user to push a key to start the game.
Once in game, output tells the player which key to push. The key to press should be determined randomly.
Game runs continuously until the user reaches a loose condition.
A wrong key is pressed
In: Computer Science
Discuss the different methods to account for cash discount. Support you answer with examples.
Answer:
During April, the following changes in the single inventory product took place
April 1 Balance 1,400 units @ $24
8 Purchased 900 units @ $36
12 Purchased 700 units @ $30
24 Purchased 400 units @ $50
10 Sold 1,500 units @ $40
26 Sold 1,700 units @ $44
Calculate the COGS after each sales transaction and the ending inventory after each transaction under the following methods.
(a) FIFO.
(b) Average Cost. (round numbers to the nearest 10)
* Answer these questions with no hand wriring or pics
In: Accounting
Problem 7-15 Scenario Analysis McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $740 per set and have a variable cost of $340 per set. The company has spent $144,000 for a marketing study that determined the company will sell 56,000 sets per year for seven years. The marketing study also determined that the company will lose sales of 8,900 sets of its high-priced clubs. The high-priced clubs sell at $1,040 and have variable costs of $640. The company will also increase sales of its cheap clubs by 10,400 sets. The cheap clubs sell for $380 and have variable costs of $200 per set. The fixed costs each year will be $9,040,000. The company has also spent $1,050,000 on research and development for the new clubs. The plant and equipment required will cost $28,280,000 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $1,240,000 that will be returned at the end of the project. The tax rate is 40 percent, and the cost of capital is 10 percent.
Suppose you feel that the values are accurate to within only ±10 percent. What are the best-case and worst-case NPVs? (Hint: The price and variable costs for the two existing sets of clubs are known with certainty; only the sales gained or lost are uncertain.) (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
A. NPV Best-case $
B. Worst-case $
In: Finance
A report stated that 29% of the people in a representative sample of adult Americans ages 33 to 49 rated a landline telephone among the three most important services that they purchase for their home. In a representative sample of adult Americans ages 50 to 68, 44% rated a landline telephone as one of the top three services they purchase for their home. Suppose that the samples were independently selected and that the sample size was 590 for the 33 to 49 age group sample and 610 for the 50 to 68 age group sample. Does this data provide convincing evidence that the proportion of adult Americans ages 33 to 49 who rate a landline phone in the top three is less than this proportion for adult Americans ages 50 to 68? Test the relevant hypotheses using
α = 0.05.
(Use p33 to 49 age group − p50 to 68 age group.)
Find the test statistic. (Round your answer to two decimal places.)
In: Statistics and Probability
Using, for example, the command “=IF(RAND()<0,4;1;0)” in Excel, simulate 40 different realizations with n = 60 and the true supporting rate to be 40%. In order to “freeze” the output generated by Excel, select the cells with all 0s and 1s values that have been randomly generated using the above mentioned command, copy them and paste them (using the paste special option) as values back on top of the cells. Then in each of the 40 different simulated “datasets” calculate Y, i.e. total number of 1s (voters). Finally create a histogram of your 40 values of Y .Calculate the mean,median,standart deviation and the mode....construct as well the frequency and discuss your findings.
In: Statistics and Probability
Using, for example, the command “=IF(RAND()<0,4;1;0)” in Excel, simulate 40 different realizations with n = 60 and the true supporting rate to be 40%. In order to “freeze” the output generated by Excel, select the cells with all 0s and 1s values that have been randomly generated using the above mentioned command, copy them and paste them (using the paste special option) as values back on top of the cells. Then in each of the 40 different simulated “datasets” calculate Y, i.e. total number of 1s (voters). Finally create a histogram of your 40 values of Y .Calculate the mean,median,standart deviation and the mode....construct as well the frequency and discuss your findings.
In: Statistics and Probability