On January 1, 2019, Fleming Company borrowed $50,000 cash from First American Bank by issuing a one year 6% note. The principal and interest will be repaid by making one annual payment on December 31, 2019. The amount of the payment to the bank on December 31, 2019 for the principal and interest is:

Group of answer choices

$50,000

$80,000

$53,000

$50,300

2.

Gem's Jewelry made a cash sale of merchandise amounting to $2,500 to a customer in Tyler, Texas which has an 8.25% sales tax rate. The total amount of cash collected from the customer was:

Group of answer choices

$2,500.00

$2,706.25

$4,562.50

$206.25

3.

Baxter, Co borrowed $100,000 from the bank on September 1, 2018. The note had a 6% annual rate of interest and matured on August 31, 2019. Interest and principal were paid in cash on the maturity date. What was the amount of interest expense reported on the 2018
Income Statement? (Hint, think of how many months they had accrued interest during 2018?)

Group of answer choices

$6,000

$1,500

$2,000

$0

Below is a frequency distribution for the estimated miles per gallon (MPG) for 530 different models of American-made cars.

(a) Identify the following

class midpoints (enter as a comma-separated list)

class boundaries (enter as a comma-separated list)

class width

(b) Create a relative frequency table from the frequency table.

(c) Create a cumulative and relative-cumulative frequency table.

(d) Estimate the mean MPG for the American-made cars included in this set.

American​ Exploration, Inc., a natural gas​ producer, is trying to decide whether to revise its target capital structure. Currently it targets a 50-50 mix of debt and​ equity, but it is considering a target capital structure with 70​% debt. American Exploration currently has 5​% ​after-tax cost of debt and a 10​% cost of common stock. The company does not have any preferred stock outstanding.

a.  What is American​ Exploration's current​ WACC?

b.  Assuming that its cost of debt and equity remain​ unchanged, what will be American​ Exploration's WACC under the revised target capital​ structure?

c.  Do you think shareholders are affected by the increase in debt to 7070​%? If​ so, how are they​ affected? Are the common stock claims riskier​ now?

d.  Suppose that in response to the increase in​ debt, American​ Exploration's shareholders increase their required return so that cost of common equity is 14​%. What will its new WACC be in this​ case?

e.  What does your answer in part d suggest about the tradeoff between financing with debt versus​ equity?

Weighted average cost of capital American Exploration, Inc., a natural gas producer, is trying to decide whether to revise its target capital structure.

Currently it targets a 50-50 mix of debt and equity, but it is considering a target capital structure with 90% debt.

American Exploration currently has 5% after-tax cost of debt and a 10% cost of common stock.

The company does not have any preferred stock outstanding.

a. What is American Exploration's current WACC?

b. Assuming that its cost of debt and equity remain unchanged, what will be American Exploration's WACC under the revised target capital structure?

c. Do you think shareholders are affected by the increase in debt to 90%? If so, how are they affected? Are the common stock claims riskier now?

d. Suppose that in response to the increase in debt, American Exploration's shareholders increase their required return so that cost of common equity is 14%. What will its new WACC be in this case?

e. What does your answer in part d suggest about the tradeoff between financing with debt versus equity?

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(A) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use α = 0.01. Round your value for χ² to two decimal places, and round your P-value to four decimal places.)

(B) Conclusion, choose the best answer from the options below

Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.   

Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

(C) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results. Choose the best answer from the options below;

This is an SRS. This gives us no reason to believe our conclusions are suspect.

This is not an SRS. This gives us reason to believe our conclusions might be suspect.    

This is not an SRS. This gives us no reason to believe our conclusions are suspect.

This is an SRS. This gives us reason to believe our conclusions might be suspect.

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(a) Summarize the data numerically and graphically. (Compute the conditional distribution of model dress for each audience. Round your answers to three decimal places.)

(b) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use ? = 0.01. Round your value for ?² to two decimal places, and round your P-value to four decimal places.)

Conclusion:

- Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

- Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

- Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

- Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

(c) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results.

- This is not an SRS. This gives us no reason to believe our conclusions are suspect.

- This is an SRS. This gives us reason to believe our conclusions might be suspect.

- This is an SRS. This gives us no reason to believe our conclusions are suspect.

- This is not an SRS. This gives us reason to believe our conclusions might be suspect.

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(a) Summarize the data numerically and graphically. (Compute the conditional distribution of model dress for each audience. Round your answers to three decimal places.)

(b) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use α = 0.01. Round your value for χ² to two decimal places, and round your P-value to four decimal places.)

Conclusion

Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.    Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

(c) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results.

This is not an SRS. This gives us reason to believe our conclusions might be suspect.This is not an SRS. This gives us no reason to believe our conclusions are suspect.    This is an SRS. This gives us reason to believe our conclusions might be suspect.This is an SRS. This gives us no reason to believe our conclusions are suspect.

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(a) Summarize the data numerically and graphically. (Compute the conditional distribution of model dress for each audience. Round your answers to three decimal places.)

(b) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use α = 0.01.Round your value for χ² to two decimal places, and round your P-value to four decimal places.)

Conclusion

Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.    Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

(c) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results.

This is not an SRS. This gives us no reason to believe our conclusions are suspect.This is an SRS. This gives us reason to believe our conclusions might be suspect.    This is not an SRS. This gives us reason to believe our conclusions might be suspect.This is an SRS. This gives us no reason to believe our conclusions are suspect.

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(a) Summarize the data numerically and graphically. (Compute the conditional distribution of model dress for each audience. Round your answers to three decimal places.)

(b) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use α = 0.01. Round your value for χ² to two decimal places, and round your P-value to four decimal places.)

Conclusion

Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.    

Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

(c) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results.

This is not an SRS. This gives us reason to believe our conclusions might be suspect.

This is an SRS. This gives us reason to believe our conclusions might be suspect.    

This is not an SRS. This gives us no reason to believe our conclusions are suspect.

This is an SRS. This gives us no reason to believe our conclusions are suspect.

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study classified each of 1509 full-page or larger ads as "not sexual" or "sexual," according to the amount and style of the dress of the male or female model in the ad. The ads were also classified according to the target readership of the magazine. Here is the two-way table of counts.

(a) Summarize the data numerically and graphically. (Compute the conditional distribution of model dress for each audience. Round your answers to three decimal places.)

(b) Perform the significance test that compares the model dress for the three categories of magazine readership. Summarize the results of your test and give your conclusion. (Use α = 0.01. Round your value for χ²to two decimal places, and round your P-value to four decimal places.)

Conclusion

Fail to reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

Reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.     

Fail to reject the null hypothesis. There is not significant evidence of an association between target audience and model dress.

Reject the null hypothesis. There is significant evidence of an association between target audience and model dress.

(c) All of the ads were taken from the March, July, and November issues of six magazines in one year. Discuss this fact from the viewpoint of the validity of the significance test and the interpretation of the results.

This is not an SRS. This gives us reason to believe our conclusions might be suspect.

This is not an SRS. This gives us no reason to believe our conclusions are suspect.     

This is an SRS. This gives us reason to believe our conclusions might be suspect.This is an SRS.

This gives us no reason to believe our conclusions are suspect.