Questions
Categorize the following solvent recovery operation in terms of the waste management hierarchy. Discuss the pollution...

Categorize the following solvent recovery operation in terms of the waste management hierarchy. Discuss the pollution prevention features of this process. Determine whether this process is pollution prevention or not. Use both the federal definition and also the expanded definition adopted in this text. Process Description: The automotive industry uses robots to paint automobile bodies before attaching them to the chassis, and installing other components such as the drive train, lights, trim, and upholstery. In order to accommodate different colors, the paint lines must be flushed with a solvent and then re-charged with the new color paint. In the past, this solvent and paint residue was disposed of as hazardous waste or incinerated. The current process of spray painting automobiles uses a closed-loop solvent recovery process as outlined in the diagram below.

In: Other

The Clap Chemical Company needs a large insulated stainless steel tank to expand its plant. A...

The Clap Chemical Company needs a large insulated stainless steel tank to expand its plant. A recently closed brewery has offered to sell their tank for $15,000 delivered. The price is so low that Clap believes it can sell the tank at any future time and recover its $15,000 investment.

Installing the tank will cost $9000 and removing it will cost $5000. The outside of the tank is covered with heavy insulation that requires considerable maintenance. This will cost $3500 in year 1 and increase by $1000 per year.

(a) Based on a 12% before-tax MARR, what life of the insulated tank has the lowest EUAC?

(b) When the insulated tank is replaced by another tank is the replacement’s economic life likely to be shorter or larger? Explain.

In: Finance

In a study of the effectiveness of physical exercise in weight reduction, a group of 16...

  1. In a study of the effectiveness of physical exercise in weight reduction, a group of 16 people (randomly selected) engaged in a prescribed program of physical exercise for one month. Each subject’s weight (in pounds) is measured two times (before and after the physical exercise). The data can be found in the excel file Exercise with variables name Subject, Before, and After. At the 5% significance level, do we have sufficient evidence to conclude that the physical exercise program is effective? (21 points total)

Hint: The physical program will be considered effective, if before weight is greater than after weight. Difference = BeforeAfter

  1. Label the Parameters: (3 points)
  1. State null and alternative hypotheses: (2 points)

H0:

Ha:

  1. Propose an appropriate hypothesis test. Explain! (4 points)
  2. Verify the required conditions for the proposed hypothesis test: (4 points)

Randomization assumption:

Normality assumption: 

Note: Attach R codes and normal QQ plot in the following space:

  1. Report a test statistic, df, and p-value. (3 points)

Test statistic =

df =

p-value =

Note: Attach R codes and outputs in the following space:

  1. Make a decision of hypothesis test: (2 points)
  2. Make a conclusion of hypothesis test in context: (3 points)
    Subject Before After
    1 201 196
    2 178 171
    3 169 170
    4 212 207
    5 180 177
    6 192 190
    7 158 159
    8 180 180
    9 170 164
    10 153 152
    11 183 179
    12 165 162
    13 201 199
    14 179 173
    15 236 231
    16 144 140

In: Statistics and Probability

A pharmaceutical company claims that its new drug reduces systolic blood pressure. The systolic blood pressure...

A pharmaceutical company claims that its new drug reduces systolic blood pressure. The systolic blood pressure (in millimeters of mercury) for nine patients before taking the new drug and 2 hours after taking the drug are shown in the table below. Is there enough evidence to support the company's claim?

Let d=(blood pressure before taking new drug)−(blood pressure after taking new drug)d=(blood pressure before taking new drug)−(blood pressure after taking new drug). Use a significance level of α=0.01 for the test. Assume that the systolic blood pressure levels are normally distributed for the population of patients both before and after taking the new drug.

Patient 1 2 3 4 5 6 7 8 9
Blood pressure (before) 203 156 195 191 171 148 193 186 182
Blood pressure (after) 195 145 175 185 164 141 183 180 157

Step 1 of 5: State the null and alternative hypotheses for the test.

Ho: μd (=,≠,<,>,≤,≥) 0

Ha: μd (=,≠,<,>,≤,≥) 0

Step 2 of 5: Find the value of the standard deviation of the paired differences. Round your answer to two decimal places.

Step 3 of 5: Compute the value of the test statistic. Round your answer to three decimal places.

Step 4 of 5: Determine the decision rule for rejecting the null hypothesis H0 H0. Round the numerical portion of your answer to three decimal places.

Reject Ho if (t, I t I) (<,>) _____

Step 5 of 5: Make the decision for the hypothesis test.

Reject Null Hypothesis

Fail to Reject Null Hypothesis

In: Statistics and Probability

Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC....

Use the following financial statements for Lake of Egypt Marina, Inc.

LAKE OF EGYPT MARINA, INC.
Balance Sheet as of December 31, 2021 and 2020
(in millions of dollars)
2021 2020 2021 2020
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ 75 $ 65 Accrued wages and taxes $ 40 $ 43
Accounts receivable 115 110 Accounts payable 90 80
Inventory 200 190 Notes payable 80 70
Total $ 390 $ 365 Total $ 210 $ 193
Fixed assets: Long-term debt: $ 300 $ 280
Gross plant and equipment $ 580 $ 471 Stockholders’ equity:
Less: Depreciation 110 100 Preferred stock (5 million shares) $ 5 $ 5
Net plant and equipment $ 470 $ 371 Common stock and paid-in surplus
(65 million shares) 65 65
Other long-term assets 50 49 Retained earnings 330 242
Total $ 520 $ 420 Total $ 400 $ 312
Total assets $ 910 $ 785 Total liabilities and equity $ 910 $ 785
LAKE OF EGYPT MARINA, INC.
Income Statement for Years Ending December 31, 2021 and 2020
(in millions of dollars)
2021 2020
Net sales (all credit) $ 515 $ 432
Less: Cost of goods sold 230 175
Gross profits $ 285 $ 257
Less: Other operating expenses 30 25
Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 255 $ 232
Less: Depreciation 22 20
Earnings before interest and taxes (EBIT) $ 233 $ 212
Less: Interest 33 30
Earnings before taxes (EBT) $ 200 $ 182
Less: Taxes 42 55
Net income $ 158 $ 127
Less: Preferred stock dividends $ 5 $ 5
Net income available to common stockholders $ 153 $ 122
Less: Common stock dividends 65 65
Addition to retained earnings $ 88 $ 57
Per (common) share data:
Earnings per share (EPS) $ 2.354 $ 1.877
Dividends per share (DPS) $ 1.000 $ 1.000
Book value per share (BVPS) $ 6.077 $ 4.723
Market value (price) per share (MVPS) $ 14.750 $ 12.550


Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2021. (Use sales when computing the inventory turnover and use total stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.)

Profit Margin) (answer is not 30.68 or 55.33)

ROA) (answer is not 17.36 or 18.64 or 18.05)

Days sales in inventory) (the answer is not 309.46 or 138.21 or 1.179 or 1.18)

ROE) (the answer is not 38.25 or 44.38 or 39.50)

In: Finance

Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC....

Use the following financial statements for Lake of Egypt Marina, Inc.

LAKE OF EGYPT MARINA, INC.
Balance Sheet as of December 31, 2021 and 2020
(in millions of dollars)
2021 2020 2021 2020
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ 75 $ 65 Accrued wages and taxes $ 40 $ 43
Accounts receivable 115 110 Accounts payable 90 80
Inventory 200 190 Notes payable 80 70
Total $ 390 $ 365 Total $ 210 $ 193
Fixed assets: Long-term debt: $ 300 $ 280
Gross plant and equipment $ 580 $ 471 Stockholders’ equity:
Less: Depreciation 110 100 Preferred stock (5 million shares) $ 5 $ 5
Net plant and equipment $ 470 $ 371 Common stock and paid-in surplus
(65 million shares) 65 65
Other long-term assets 50 49 Retained earnings 330 242
Total $ 520 $ 420 Total $ 400 $ 312
Total assets $ 910 $ 785 Total liabilities and equity $ 910 $ 785
LAKE OF EGYPT MARINA, INC.
Income Statement for Years Ending December 31, 2021 and 2020
(in millions of dollars)
2021 2020
Net sales (all credit) $ 515 $ 432
Less: Cost of goods sold 230 175
Gross profits $ 285 $ 257
Less: Other operating expenses 30 25
Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 255 $ 232
Less: Depreciation 22 20
Earnings before interest and taxes (EBIT) $ 233 $ 212
Less: Interest 33 30
Earnings before taxes (EBT) $ 200 $ 182
Less: Taxes 42 55
Net income $ 158 $ 127
Less: Preferred stock dividends $ 5 $ 5
Net income available to common stockholders $ 153 $ 122
Less: Common stock dividends 65 65
Addition to retained earnings $ 88 $ 57
Per (common) share data:
Earnings per share (EPS) $ 2.354 $ 1.877
Dividends per share (DPS) $ 1.000 $ 1.000
Book value per share (BVPS) $ 6.077 $ 4.723
Market value (price) per share (MVPS) $ 14.750 $ 12.550

h) Fixed asset turnover

i) Sales to working capital

j) Total asset turnover

k) Capital intensity

l) Debt ratio

m) Debt-to-equity

n) Equity multiplier

o) Times interest earned

p) Cash coverage

q) Profit margin

r) gross profit margin

s) Operating profit margin

t) Basic earnings power

u) ROA

v) ROE

w) Dividend payout

x) Market-to-book ration

y) PE ratio

In: Finance

If a perfectly competitive market moved toward monopolistic competition, we might expect less advertising. a smaller...

If a perfectly competitive market moved toward monopolistic competition, we might expect

  • less advertising.

  • a smaller range of product differentiation, but a lower price.

  • a greater range of product innovation and a lower price.

  • a greater range of product differentiation, but a higher price.

In: Economics

You had to look for information regarding five recent innovations i.e. airbnb, telegram messenger, Apple, Skip...

You had to look for information regarding five recent innovations i.e. airbnb, telegram messenger, Apple, Skip the dishes and Uber.

1. Who is the founder and when did the innovation come about?
2. Why did the need arise for these innovations?

In: Finance

There are four areas in the Balanced Scorecard: Financial Perspective Customer Perspective Internal Business Perspective Innovation...

There are four areas in the Balanced Scorecard:

  1. Financial Perspective
  2. Customer Perspective
  3. Internal Business Perspective
  4. Innovation and Learning Perspective
  • Please provide perspective for each.
  • Insert two company goals for each perspective.
  • Insert two measures or matrices for these two goals

In: Finance

1. Describe the ways technological innovation has changed since the 18th and 19th centuries. 2. The...

1. Describe the ways technological innovation has changed since the 18th and 19th centuries.

2. The main factors influencing technological change.

Please write 400 words for first question and 250 words (as bullet points). Please no plagiarism Thanks

In: Economics