Questions
Compare the ratios for each company against each other and draw a conclusion about each of...

Compare the ratios for each company against each other and draw a conclusion about each of the ratios. Interpret the meaning of the ratio in relation to your companies.

South West Airlines (2019) In millions

Payout Ratio = Cash Dividends on Common Stock / Net Income

= .372/2.3 / 2,300 *   = 16.17% ( cash dividend taken from cash flow statement)   

Return on Common Stockholder's Equity = Net Profit - Preferred Dividend / Average Common Stokholder's Equity

= (2,300 -0 ) / (17,945 +15,967)/2 = 2,300 / 16,956 = 13.56%

Times Interest Earned = Net income + Interest Expenses + Income Tax Expenses / Interest Expenses

= (2,300 + 118 + 779 ) / 118 = 27.09

American Airlines (2019) In millions

Payout Ratio = Cash Dividends on Common Stock/Net Income

0.40/3.80= 10.5% (cash dividend taken from cash flow statement)

Return on Common Stockholder’s Equity = Net Profit - Preferred Dividend / Average Common Stockholder’s Equity

= (1686-0) / (3,945+4,964)/2= 1,686 / 4,445.5 = 37.85%

Times Interest Earned = Net income + Interest Expenses + Income Tax Expenses / Interest Expenses

= (1,686+1,095+570) / 1095 = 3.06

In: Accounting

The Capital Corporation prepared the following production cost report for Department 1 for October of the...

The Capital Corporation prepared the following production cost report for Department 1 for October of the current year.

Work in process inventory, October 1                                                  2,000 units

Units started in production in October                                             7,000 units

Units transferred to finished goods inventory during October 6,900 units

Beginning work in process consisted of the following:

       Direct materials                                                                                                               $3,600

       Direct labor                                                                                                                             $1,800

       Manufacturing overhead                                                                                               $1,400

                                                                                                                                                             $6,800

Costs incurred in October

       Direct materials                                                                                                              $12,600

       Direct labor                                                                                                                           $22,688

       Manufacturing overhead                                                                                             $20,600

                                                                                                                                                           $55,888

Work in process inventory on October 31 is 100% complete as to direct materials and 60% complete as to conversion.

Compute Cost of Production Report for the month.

In: Accounting

Calculate ΔH°R for the reaction Mg(s) + 2H2O(l) → Mg(OH)2(s)+H2(g) at 350. K. Assume Cp,m does...

Calculate ΔH°R for the reaction Mg(s) + 2H2O(l) → Mg(OH)2(s)+H2(g) at 350. K. Assume Cp,m does not change with Temperature. How much did ΔH°R change from 298.15K to 350. K?

In: Chemistry

Thalidomide is a tranquilizer that was prescribed in the late 1950’s and early 1960’s to pregnant...

Thalidomide is a tranquilizer that was prescribed in the late 1950’s and early 1960’s to pregnant women, with the devastating result of over 12,000 birth defects in 48 countries before it was banned in 1962. (It was never sold in the United States.) Since then, the drug has reappeared as a possible solution to a number of medical problems. The U.S. National Institutes of Health announced on 31 October 1995 the results of a study in 30 hospitals of the effectiveness of thalidomide in healing mouth ulcers in AIDS patients. In the study, which was chaired by Dr. Jeffrey Jacobson of the Bronx Veteran Affairs Medical Center and the Mount Sinai School of Medicine in New York, it was found that 14 out of 23 patients who received thalidomide had their ulcers heal compared to 1 out of 22 patients who received a placebo. As a result of these early trial outcomes, the researchers suspended the trial giving thalidomide to all the patients in the study. THIS IS ALL THE INFO GIVEN.

  1. Find a 90% confidence interval for the difference in proportion of healing assuming that both samples are simple random samples and independent of each other.
  2. Conduct the appropriate large-sample test of significance. Discuss your results and compare your conclusion with the decision of the researchers.
  3. By hand, draw a bar graph depicting the sample proportions of healing. Add a whisker to the top of each bar to denote the standard error of the sample proportion.  DO NOT SUBMIT.
  4. Examine the bar graph you produced for part (a). Briefly comment on whether there appears to be a difference in proportions.
  5. Conduct the appropriate hypothesis test for a two-by-two contingency table and report the P-values for Fisher’s exact test and the asymptotic chi-square distribution approximation for this test. Compare these results with your answer to part (b) in Exercise 1.

In: Statistics and Probability

1) A magazine company sells a 1-year subscription for $23.88 and a 2-year subscription for $38.16...

1) A magazine company sells a 1-year subscription for $23.88 and a 2-year
subscription for $38.16 on January 1, 2009.
Create the journal entry to record both the sale and the associated
adjusting entry on January 31, 2009 (check figure: balance of unearned subscription revenue after all transactions = 58.46)

In: Accounting

The annual subscription to a magazine costs $50 and this cost is expected to increase by...

The annual subscription to a magazine costs $50 and this cost is expected to increase by 10 percent per year. A life subscription, on the other hand, costs $500. The relevant discount rate for analyzing this situation is 12 percent. In order to justify taking out a life subscription, what is your minimum life expectancy (approximately)

In: Finance

a trade magazine routinely checks the drive through service times of fast food restaurants. a 95%...

a trade magazine routinely checks the drive through service times of fast food restaurants. a 95% confidence interval that results from examining 605 customers in one fast food chains drive through has a lower bound of 170.1 seconds and upper bound of 173.1 seconds. what does this mean?

In: Statistics and Probability

Examine a popular magazine (i.e. Cosmopolitan, Glamour, and GQ) to determine what it teaches about close...

Examine a popular magazine (i.e. Cosmopolitan, Glamour, and GQ) to determine what it teaches about close relationships (friendships or romantic relationships). Identify expectations about partners, behaviors, and feelings. Do you think these magazines have an effect on how you view your close relationships? At least 200 words.

In: Psychology

Read one of the assigned manual and provide a brief summary on what you learned and...

Read one of the assigned manual and provide a brief summary on what you learned and how you can implement it in your clinical practice with caring for patients.

American Dietetic Association (n.d.) High-calorie, High-protein nutrition therapy.  

American Dietetic Association (n.d.) GERD nutrition therapy.

American Dietetic Association (2007). Clear liquid diet.  

American Dietetic Association (n.d.). Nutrition therapy for Pureed diet.

In: Nursing

The middle 10% of American men consume between what two weights of sodium? when The average...

The middle 10% of American men consume between what two weights of sodium? when The average American man consumes 9.5 grams of sodium each day. Suppose that the sodium consumption of American men is normally distributed with a standard deviation of 0.9 grams. Suppose an American man is randomly chosen. Let X = the amount of sodium consumed. Round all numeric answers to 4 decimal places where possible.

In: Statistics and Probability