Questions
Is there a difference between the means of occupancy rates in May and August? Answer your...

Is there a difference between the means of occupancy rates in May and August? Answer your question by calculating an approximate and appropriate symmetric 95% confidence interval using a Z statistic. Explain your findings

OR_MAY OR_AUG
60 97
86 99
93 99
89 96
74 90
81 84
83 99
71 99
90 98
83 97
77 99
82 97
90 98
81 98
20 90
87 95
48 94
60 96
45 98
80 95
65 91
60 95
75 90
15 70
16 66
97 100
74 94
62 97
40 85
82 97
24 76
49 98
16 93
60 86
42 73
68 87
55 86
75 93
35 95
0 95
40 80
40 40
10 80
83 90
50 100
77 98
81 99
37 96
27 90
49 96
53 98
60 97
80 100
58 95
64 93
65 100
68 98
75 100
55 84
60 95
56 96
10 100
85 95
4 77
24 92
85 98
75 92
44 84
45 95
0 70
34 92
35 95
70 98
65 99
15 90
40 100
10 90
10 90
35 70
50 100
2 95
0 80
3 90
30 90
15 80
83 95
91 99
85 100
80 90
50 100
79 94
92 98
87 99
84 97
65 98
86 94
62 92
70 95
87 97
87 99
50 97
61 97
59 99
77 100
46 95
81 94
48 98
15 98
80 100
52 99
90 97
90 99
75 90
20 100
10 90
30 100
53 99
52 99
90 97
53 92
48 98
84 96
90 97
35 98
25 95
35 100
10 95
10 90
60 100
70 92
3 78
10 90
10 90
75 100
10 70

In: Advanced Math

select 2 techniques /concepts examining the relationship between the selected techniques /concepts and strategic allocation of...

select 2 techniques /concepts examining the relationship between the selected techniques /concepts and strategic allocation of financial resources with respect to revenue and expenses

In: Accounting

in 200 words or more, what are some ways in learning to understand revenue and cost...

in 200 words or more, what are some ways in learning to understand revenue and cost relationships? What is the different between the two? Give an example

In: Finance

Explain why profits are largest when mc=mr and not when mr>mc ? and is there a...

Explain why profits are largest when mc=mr and not when mr>mc ? and is there a difference between sales revenue maximizing and profit maximizing?

In: Economics

6.) A food department reported sales revenue of $128,800 and direct costs of $68,200 during March....

6.) A food department reported sales revenue of $128,800 and direct costs of $68,200 during March. Determine the following:

a. What is the department’s contributory income?

b. What is contributory income as a percentage of sales revenue?

7.) A department has two operating divisions: Food service with sales revenue of $880,000 and a bar-lounge with sales revenue of $440,840. Calculate the sales revenue of each division as a percentage of total departmental sales revenue.

9.) Indirect, undistributed costs of $14,000 are to be allocated to two departments. Department “1” occupies 54% and department “2” occupies 46% of the total square footage available. Calculate the amount to be allocated to each department based on the square footage method.

10.) A department with three operating divisions reported the sales revenues for each of its divisions. Determine the percentage of sales revenue provided by each division:

Rooms division $1,555,632

Food service division 921,856

Beverage division 403,312

Total sales revenue $2,880,800

In: Accounting

ABC CORPORATION Balance Sheet Year Ended December 31 (in $ millions) Assets 2006 2005 Liabilities &...

ABC CORPORATION

Balance Sheet

Year Ended December 31 (in $ millions)

Assets

2006

2005

Liabilities & Stockowner’s Equity

2006

2005

Current Assets

Current Liabilities

Cash

22.2

19.5

Accounts Payable

39.2

24.5

Accounts Receivables

18.5

13.2

Notes Payable / Short-Term Debt

4.5

3.2

Inventories

27.2

14.3

Current Maturities of Long-Term Debt

13.3

12.3

Other Current Assets

2.0

1.0

Other Current Liabilities

8.0

4.0

Total Current Assets

69.9

48.0

Total Current Liabilities

65.0

45.0

Long Term Assets

Long-Term Liabilities

Land

22.2

20.7

Long-Term Debt

98.9

56.3

Buildings

46.5

30.5

Capital Lease Obligations

---

---

Equipment

39.7

33.2

Total Debt

98.9

56.3

Less Accumulated Depreciation

(18.7)

(17.5)

Deferred Taxes

15.6

7.4

Net Property, Plant, and Equipment

89.7

66.9

Other Long-Term Liabilities

----

----

Goodwill

22.0

---

Total Long Term Liabilities

114.5

63.7

Other Long-Term Assets

41.0

14.0

Total Liabilities

179.5

108.7

Total Long Term Assets

152.7

80.9

Stockholder’s Equity

43.1

20.2

Total Assets

222.6

128.9

Total Liabilities and Stockholder’s Equity

222.6

128.9

ABC Corporation

Income Statement

Year Ended December 31 ($ in millions)

2006

2005

Total Sales

198.8

176.1

Cost of Sales

(153.4)

(147.3)

Gross Profit

35.4

28.8

Selling, General and Administration Expenses

(13.5)

(13.0)

Research and Development

(9.2)

(7.6)

Depreciation and Amortization

(6.2)

(1.1)

Operating Income

16.5

7.1

Other Income

----

----

Earnings Before Interest and Tax (EBIT)

16.5

7.1

Interest Income (or Expense)

(7.7)

(4.6)

Pretax Income

8.8

2.5

Taxes

(0.7)

(0.6)

Net Income

8.1

1.9

Earnings per share

$0.556

$0.528

Diluted Earnings Per Share

$0.526

$0.500

ABC Corporation has 5.8 million shares outstanding and shares are trading for $20

Calculate the following for 2006:

Quick Ratio

Current Ratio

Market to Book Ratio

Debt to Equity Ratio

Enterprise Value

EPS

Operating Margin

Net Profit Margin

Return on Equity

P/E Ratio

Inventory Turnover

Days of Sales Outstanding

ROA

ROE

Did the tax rate increase from 2005 to 2006? If so, by how much?

In: Finance

A researcher records the repair cost for 27 randomly selected refrigerators. A sample mean of $97.89...

A researcher records the repair cost for 27 randomly selected refrigerators. A sample mean of $97.89 and standard deviation of $17.53 are subsequently computed. Determine the 90% confidence interval for the mean repair cost for the refrigerators. Assume the population is approximately normal.

Step 1 of 2 :

Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

In: Statistics and Probability

January 2010, Gigabyte Inc. granted 10,000 "at the money" employee stock options (i.E the exercise price...

January 2010, Gigabyte Inc. granted 10,000 "at the money" employee stock options (i.E the exercise price was equal to the stock price on the grant date.) to align the compensation of the employees with financial performance of the company, the award will vest only if cumulative revenue over the following three year reporting period is greater than $100 million and if they are still employed. as of the date of the grant, management believe it is probable that the company will achieve cumulative revenue in excess of 100 million over the next three year period.

Each award has a grand - date fair value of $15. Gigabyte's valuation professionals have indicated that if the revenue target was factored in to the fair value assessment, the grant date fair value would be $10
gigabyte adopted ASC 718. Revenue in each of the next three years was as follows:
2010 : $30 million.
2011: 30 million
2012: 40 million

Required:
1. should gigabyte use the $10 grand date fair value or the $15 grand date fair value to measure it's compensation cost? citation from ASC is required to support the conclusion.
2. over how many years should gigabyte recognize compensation cost associated with stock options? and how much, if any, should be recognized in each off those years? the effects of forfeitures and income taxes should be ignored. citation from ASC is required to support the answer.
3. how would the year 2 accounting change if management determined that the performance condition of cumulative revenue in excess of $100 million over the three year period was improbable of achieving on Dec 31, 2011? what would be the cumulative amount of compensation cost recognized? Citation from ASC is required to support your conclusion

In: Accounting

A rope of length L = 5.3 m with a total mass of m = 0.298...

A rope of length L = 5.3 m with a total mass of m = 0.298 kg is tied to a hook rigidly mounted into a wall. A pulse of height 1.4 cm is sent down the rope. The tension in the rope is F = 27 N.

(A) Find the time between sending the pulse down the rope and detecting the pulse that returns.

(B) What is the height of the pulse that returns?

In: Physics

Suppose 0.2 moles of an ideal diatomic gas (Cv = 20.8 J/mol·K) undergoes a Carnot cycle...

Suppose 0.2 moles of an ideal diatomic gas (Cv = 20.8 J/mol·K) undergoes a Carnot cycle between temperatures of 227˚C and 27˚C. The initial volume of the gas is 8.31×10-4 m3 and during the high temperature isothermal expansion, the volume doubles.       

a) Find the work done during the entire cycle      

b) Find the efficiency of the cycle

In: Physics