On December 31, 2013, the Mallory Corporation had the following activity in its fixed assets
record. Assume all assets were purchased on January 1.
|
Equipment |
Cost |
Salvage |
Date |
Life |
Method of Depreciation |
|
Machine 1 |
$65,000 |
$5,000 |
2012 |
5 |
DDB |
|
Building #3 |
$900,000 not including land |
$50,000 |
2004 |
25 |
S/L |
|
Mine 316 |
$1,000,000 |
$0 |
2010 |
1,000,000 tons |
30,000 tons extracted |
|
Mine 682 |
$500,000 |
$100,000 |
2011 |
40,000 barrels |
6,000 barrels extracted |
|
Patent |
$50,000 |
0 |
2010 |
17 |
|
|
Truck 1 |
$35,000 |
$3,000 |
2010 |
200,000 miles |
Units of production: total miles depreciated to date are 60,000 as of January 1, 2006. Miles this year 30,000 |
|
Truck 2 |
$50,000 |
$5,000 |
2009 |
150,000 miles |
Units of production, miles this year are 15,000 |
|
Truck 3 |
$75,000 |
$10,000 |
2008 |
200,000 miles |
Units of production: total miles depreciated to date are 180,000 as of January 1, 2006. Miles in 2006 are 30,000 miles. |
|
Machine 2 |
$100,000 |
$5,000 |
2003 |
10 |
S/L |
REQUIRED:
· Compute the depletion, amortization, and depreciation expense on December 31, 2013 for each asset listed above.
· Record the entries for the assets above
· Suppose that we sold machine 2 for $50,000, record the entry
· Suppose that the building life increased from 25 years to 30 years, revise the depreciation and prepare the entry.
· Suppose that the corporation spent $20,000 in 2013 to defend the patent. Record the entry.
In: Accounting
There are two routes to get from the student dorms to class - a long route, which is scenic, and a short route, which is not scenic. You want to study whether the route that the students choose to take is independent of the weather (in the context of the table, this will mean whether X and Y are independent), and you generate the accompanying table of probabilities.
|
Rainy (Y=0) |
Sunny (Y =1) |
Total | |
| Long (X=0) | 0.1 | 0.3 | 0.4 |
| Short (X=1) | 0.2 | 0.4 | 0.6 |
| Total | 0.3 | 0.7 | 1 |
Calculate E(X) and E(Y ).
(b) Calculate E(X | Y = 0). How is this different from E(X)?
(c) Are the route picked and the weather independent of each other? Why or why not? Use the numbers from the table to arrive at the answer.
In: Statistics and Probability
Out of 320 people sampled, 240 had kids. Based on this,
construct a 95% confidence interval for the true population
proportion of people with kids.
In: Statistics and Probability
Trucks in a delivery fleet travel a mean of 130 miles per day with a standard deviation of 17 miles per day. The mileage per day is distributed normally. Find the probability that a truck drives less than 164 miles in a day. Round your answer to four decimal places.
In: Statistics and Probability
Trucks in a delivery fleet travel a mean of 120 miles per day with a standard deviation of 18 miles per day. The mileage per day is distributed normally. Find the probability that a truck drives less than 132 miles in a day. Round your answer to four decimal places.
In: Statistics and Probability
The operation manager at a tire manufacturing company believes that the mean mileage of a tire is 47,225 miles, with a standard deviation of 3178 miles. What is the probability that the sample mean would be greater than 47,050 miles in a sample of 208 tires if the manager is correct? Round your answer to four decimal places.
In: Statistics and Probability
according to the black scholes merton model, if a call option has a delta of 0.8, then what is the delta of the put option written on the same underlying asset with the same strike and maturity?
1. 0.8
2.. 0.2
3. -0.8
4. -0.2
In: Finance
| Mg standard | Absorbance | %RSD |
| 0.5 | 0.09533 | 0.3 |
| 1 | 0.1209 | 0.2 |
| 2 | 0.17304 | 0.3 |
| 5 | 0.28137 | 0.2 |
| 10 | 0.56901 | 0.5 |
| 20 | 0.87153 | 0.3 |
| 5 mL Unk | 0.14296 | 0.2 |
[1] Make a calibration curve using the absorbances for the samples from 0.5 – 20 ppm. Include the intercept (0,0) as a data point.
[2] Is the calibration linear, i.e., does the analysis follow Beer’s law? To discuss linearity, examine both the trend of the data relative to the least squares line and the correlation coefficient.
[3] Use a 2nd order polynomial (in Excel’s plotting function) to determine if the fit improves and include this curve.
[4] Explain why AAS often has a limited linear dynamic range compared to say, UV/VIS and fluorescence spectrophotometry
In: Chemistry
| X | H0 | H1 |
| x1 | 0.2 | 0.1 |
| x2 | 0.3 | 0.4 |
| x3 | 0.3 | 0.1 |
| x4 | 0.2 | 0.4 |
What is the likelihood ratio test of H0 versus HA at level α = .2?
What is the test at level α = .5?
Please show work or formulas on how to solve for values.
In: Statistics and Probability
Assume the CAPM holds and the market is efficient. Given the following information about the true market portfolio and stock S:
State Probability Return (Market) Return (S)
1 0.2 0.25 0.4
2 0.5 0.1 -0.085
3 0.3 -0.05 0.12
In: Finance