Scenario Modeler’s prospective stock has a 15% chance of producing a 65% return, a 25% chance of producing a 22% return, a 40% chance of producing a 9% return, and a 20% chance of producing a –24% return. What is the firm’s coefficient of variation of return?
Deep Value, Inc.’s annual stock returns for the last ten years are: –5%, 15%, 11%, 18%, –8%, 9%, 16%, –3%, 3%, and 35%. The Market Index’s annual returns for the same ten years are: 10%, 22%, 9%, 13%, –7%, 8%, 15%, –13%, –12%, and 18%. What is Deep Value’s beta coefficient?
In: Finance
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Cloverdale Nurseries obtained a $77,000 loan at 9.2% compounded monthly to build an additional greenhouse. Monthly payments were calculated to amortize the loan over six years. Construct a partial amortization schedule showing details of the first two payments, Payments 40 and 41, and the last two payments. (Do not round intermediate calculations and round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) |
|
Payment number |
Payment |
Interest portion |
Principal portion |
Principal balance |
||||
|
0 |
-- |
-- |
-- |
$77,000.00 |
||||
|
1 |
$ | $ | $ | $ | ||||
|
2 |
||||||||
|
| |
| | | | | | | | ||||
|
39 |
-- | -- | -- |
|
||||
|
40 |
||||||||
|
41 |
||||||||
|
| |
| | | | | | | | ||||
|
70 |
-- | -- | -- | |||||
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71 |
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72 |
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In: Finance
CHAPTER 8-21
Nonconstant Growth Stock Valuation
Conroy Consulting Corporation (CCC) has been growing at a rate of 20% per year in recent years. This same non-constant growth rate is expected to last for another 2 years (g0,1 = g1,2 = 20%).
| Dividend yield | _______% |
| Capital gains yield | _______% |
In: Finance
Baxter Equipment Company - Income Statement for Years Ending December 31st
Note: All figures add 3 zeros ($000)
| 2019 | 2018 | |
| Net Sales | $3,000 | $2,850 |
| Costs & Expenses | ||
| Labor and Materials | $2,544 | $2,413 |
| Depreciation | $100 | $90 |
| Selling | $22 | $20 |
| G & A | $40 | $35 |
| Leases | $28 | $28 |
| Total Costs | $2,734 | $2,586 |
| Operating Profit | $266 | $264 |
| Interest Expense | $66 | $47 |
| Federal & State Taxes | $80 | $87 |
| Net Income | $120 | $130 |
| Preferred Dividends | $8 | $8 |
| Earnings | $112 | $122 |
Baxter Equipment Company - Balance Sheet for Years Ending December 31st
Note: All figures add 3 zeros ($000)
| 2019 | 2018 | |
| Assets | ||
| Cash | $50 | $55 |
| Marketable Securities | $0 | $25 |
| Accounts Receivable | $350 | $315 |
| Inventories | $300 | $215 |
| Total Current Assets | $700 | $610 |
| Plant & Equipment (at cost) | $1,800 | $1,470 |
| Less Ac. Depreciation | $500 | $400 |
| Net Plant & Equipment | $1,300 | $1,070 |
| Total Assets | $2,000 | $1,680 |
| Liabilities & Stockholder Equity | ||
| Accounts Payable | $60 | $30 |
| Notes Payable | $100 | $60 |
| Accruals | $140 | $130 |
| Total Current Liabilities | $300 | $220 |
| Long-Term Debt (loans) Total | $800 | $580 |
| Total Liabilities | $1,100 | $800 |
| Preferred Stock [20,000 shares, ($1 par)] | $20 | $20 |
| Common Stock [50,000 shares, ($1 par)] | $50 | $50 |
| Paid in Capital in excess of Par | $80 | $80 |
| Retained Earnings | $750 | $730 |
| Total Stockholders Equity | $900 | $880 |
| Total Liabilities & Stockholder's Equity | $2,000 | $1,680 |
a. What was the company's depreciation expense for
2019?
b. What were the company's current ratios for both 2018 and 2019?
c. Was the current ratio for year 2019 better or worse compared to 2018 (a one word answer please)
d. What was the company's inventory turnover for 2019?
e. What was the average collection period (2019) for their accounts receivable?
f. What was their marginal tax rate?
g. How many shares of common stock did they sell in 2019?
h. What was their EPS?
i. How much did they pay in common stock dividends?
j. What was their "TIE" (times interest earned) for 2019?
In: Finance
You should aim to answer these questions as part of your ISBAR handover:
1. What is the pathophysiology of the client’s current condition(s)? What is your assessment of the client’s current medication including pharmacology and pharmacokinetics?
2. Consider the patient/collect cues- what information do you have?
3. Assessments required- What further information do you need or would like prior to your visit?
4. Identify problem/Issue- why are you visiting them? What will you do once there?
5. Establish Goal- What is it that you aim to achieve through your care and how will you undertake the care required?
6. Evaluation- what strategies will you use to evaluate the outcomes?
case study:
Patient 4: Estimated consult time 2-3hrs
Mrs. Rebecca Smyth
Street address: 118 The Boulevarde, Lewisham. NSW
Age 44
Medical History: Relapsing – Remitting Multiple Sclerosis (RRMS) diagnosed three years ago.
Current medical history: Symptoms of spinal syndrome characterised by paraesthesia, pain, muscle spasms and spasticity. Muscle weakness and stiffness in her limbs Increasingly experiencing pain and fatigue Sense of hopelessness. Impaired vision which makes reading more difficult Diplopia which affects her balance. Slurred speech
Social History: Rebecca lives with her husband Jim in a ground floor apartment. They have one daughter, Tiffany, 8 years old. Jim runs the family plumbing business from home but is often out on the road. Rebecca left her position as a customer relations officer with Westpac and is trying to maintain the books for Jim’s business. House has overgrown front yard and 3 broken steps to the front door.
Current medication: Baclofen 5 mg TDS Diazepam 5 mg nocte Trial of Gabapentin 300 mg mane
Current issue being managed: Pain management and increase in symptomology
In: Nursing
1. A criminologist is interested in whether there was any disparity in sentencing based on the race of the defendant. She selected two random samples of burglary convictions in one jurisdiction and recorded the prison terms given to the 10 white defendants in one sample and the 8 black defendants in the other sample. The sentence lengths (in years) for individuals in the two groups are shown below, along with the sample means and standard deviations. Using these data and a 0.05 alpha level, test the hypothesis that white and black defendants convicted of burglary in this jurisdiction receive prison sentences of different length.
| White Defendants | Black Defendants |
|---|---|
| 3 | 4 |
| 5 | 8 |
| 4 | 7 |
| 7 | 3 |
| 4 | 5 |
| 5 | 4 |
| 6 | 5 |
| 4 | 4 |
| 3 | |
| 2 |
a. In symbols and words, what is the null hypothesis for this test?
b. In symbols and words, what is the alternative hypothesis for this test?
c. Is this a one-sided or two-sided test? How do you know?
d. Will you use a z-test or a t-test in this situation? Why?
e. What is the critical value of the test statistic?
f. What is the value of the test statistic calculated from the sample results?
g. What decision about the null hypothesis does your test lead to?
h. Is the observed racial difference in sentence length statistically significant? Explain.
i. Would your decision be different if you used an alpha level of .01? Explain.
In: Statistics and Probability
An engineering group needs to set up an assembly line to produce a new product. The following table describes the relationships between the activities, their predecessors, and the estimated activity times (in weeks) for this project. (10 points)
|
Activity |
Immediate Predecessors) |
Optimistic (Weeks) |
Most Likely (Weeks) |
Pessimistic (Weeks) |
|
A |
--- |
4 |
7 |
10 |
|
B |
A |
2 |
8 |
20 |
|
C |
A |
8 |
12 |
16 |
|
D |
B |
1 |
2 |
3 |
|
E |
D, C |
6 |
8 |
22 |
|
F |
C |
2 |
3 |
4 |
|
G |
F |
2 |
2 |
2 |
|
H |
F |
6 |
8 |
10 |
|
I |
E, G, H |
4 |
8 |
12 |
|
J |
I |
1 |
2 |
3 |
In: Math
In: Economics
If a gambler rolls two dice and gets a sum of seven, he wins $10, and if he gets a sum of four, he wins $25. The cost to play the game is $5.
A. Give the probability distribution of the winnings for this game.
B. What are the expected winnings for a person who plays this game?
In: Statistics and Probability
1.) Suppose heights of two-year-olds are normally distributed with a mean of 30 inches and a standard deviation of 3.5 inches.
a) What is the probability that one two-year-old will be shorter than 28 inches?
b) If random samples of size n = 40 two-year-olds are selected, what is the approximate shape, mean, and standard deviation of the sampling distribution of sample means?
c) What is the probability that the sample mean of these 40 two-year-olds will be shorter than 28 inches? Why is the probability in part c) so much smaller than the probability in part a)?
d) What is the probability that the sample mean of these 40 two-year-olds will be taller than 31 inches?
In: Statistics and Probability