Questions
Question Workspace Check My Work Your uncle the banker offers to lend you $25,000 to start...

Question Workspace Check My Work Your uncle the banker offers to lend you $25,000 to start a new business. You will have to make a payment of $7,000 at the end of each of the next 3 years plus a final payment of $10,000 at the end of Year 4. What annual interest rate is built into this loan?

a. 10.13%

b. 9.74%

c. 9.01%

d. 8.66%

e. 9.37%

Anybody can solve this question via HP 10bll+ calculator?

In: Finance

Using C++ Write a program that reads a text from the keyboard until the user presses...

Using C++

Write a program that reads a text from the keyboard until the user presses the “Enter” key. Your program must count the number of uppercase alphabets (A through Z), lowercase alphabets (a through z), digits (0 through 9) and any other characters. The other character count value should NOT include the “Enter” key. Display the count on the screen. You must use the in-built C++ character I/O functions in this program.

In: Computer Science

NORTH DAKOTA CORPORATION (2-2) NORTH DAKOTA CORPORATION does construction for residential customers and uses a job-order...

NORTH DAKOTA CORPORATION (2-2)

NORTH DAKOTA CORPORATION does construction for residential customers and uses a job-order costing system to account for manufacturing operations. As of the beginning of February they had two jobs in process with the following work in process balances:

Job A123

Job A124

$ 10,300

$    8,800

During February, two additional jobs were started: A125 and A126. Job A123 was completed during month and sold, with the client being billed at the company’s customary rate of cost plus 30%.   Job A124 was built on a speculative basis and, while finished, was not yet sold. The remaining jobs were still in process at month’s end.

Construction costs for February are as follows:

Job A123

Job A124

Job A125

Job A126

Direct materials

$    1,950

$    5,500

$    4,300

$    2,300

Direct labor cost

        3,690

        6,990

        3,090

        1,890

The company uses a normal costing system and applies overhead at the rate of $9 per direct labor hour. Direct labor rates average $15 per hour.

REQUIRED:

Determine the number of direct labor hours that were worked on each job for the month.

Job A123= 3,690 / 15 = 246

Job A124= 6,990 / 15 = 466

Job A125= 3,090 / 15 = 206

Job A126= 1,890 / 15 = 126

Compute the overhead applied to each job for the month

Job A123=

Prepare a simplified job-cost record for each job as of the end of February and post summary numbers to WIP, FG and CGS T-accounts (general ledger).

What were the work in process and finished goods inventory as of February 28?

What was the cost of goods manufactured for the month?

How much is the normal cost of goods sold?

Compute the sales and gross margin for February.

NOW ASSUME that the actual overhead for the month was $9,596. Was overhead over applied or under applied for the month? How is this handled?

NOW what is the adjusted cost of goods sold and gross margin on the GAAP income statement for February?

In: Accounting

A real estate developer is considering investing in a shopping mall on the outskirts of Atlanta,...

A real estate developer is considering investing in a shopping mall on the outskirts of Atlanta, Georgia. Three parcels of land are being evaluated. Of particular importance is the income in the area surrounding the proposed mall. A random sample of four families is selected near each proposed mall. Following are the sample results. At the .05 significance level, can the developer conclude there is a difference in the mean income? Use the usual six-step hypothesis testing procedure.

In: Other

An audio system 1 produces a sound level of 90.0 dB and system 2 produces a...

An audio system 1 produces a sound level of 90.0 dB and system 2 produces a sound level of 93.0 dB. (a) Determine the ratio of the intensities (in W/m 2 ) . (b) Suppose a recording device was placed 2 m away from s ystem 2 . H ow far away from system 1 must that recording device be placed in order for the intensity to be the same as it was near system 2?

In: Physics

Assuming you're considering borrowing $100 million to finance your business for 2 years. One option is...

Assuming you're considering borrowing $100 million to finance your business for 2 years. One option is to use fixed-rate financing with interest payments on a semi-annual basis. The other alternative is a floating rate financing based on Libor with interest payments on a quarterly basis.

How and when could Libor or other index change to impact the decision? How will the current and near-term economic environment impact your recommendation?

In: Finance

In The Expanse series of science fiction novels people live in tunnels in the dwarf planet Ceres. The...

In The Expanse series of science fiction novels people live in tunnels in the dwarf planet Ceres. The planet has been given a spin, so that, according to the novels, it has a “gravity” of 0.3 g. Assume that this is the value in tunnels close to the surface at the equator.
i) what is the period of rotation?
ii) what is the value of the “gravity” in a tunnel that is near the surface but half way between the equator and one of the poles?

no ceres. is the name of the fictional planet. .

In: Physics

When using the Sequencing and Structure Alignment tool, the degree of the structural similarity is shown...

When using the Sequencing and Structure Alignment tool, the degree of the structural similarity is shown by the superimposition of the backbones. Accordingly, which of the following statement best describes the comparison of deoxyhemoglobin and oxyhemoglobin?

A.

Only slight differences in the backbone traces occur throughout the aligned proteins.

B.

The only differences in the backbone traces occur near the oxygen-binding sites.

C.

The backbone traces of the proteins are drastically different.

D.

The backbone traces of the proteins are identical.

In: Chemistry

5. According to the Gordon Growth model, stocks can be valued solely based on their dividend...

5. According to the Gordon Growth model, stocks can be valued solely based on their dividend payments, the expected growth rate of those dividends, and the required rate of return.

a. How come we needn’t include the future sale price of the stock in the valuation?

b. Some stocks have not paid dividends for many years and have no announced plan to pay dividends in the near future. How can these stocks still have value?

In: Economics

Market Behavior: Rent Controls - There are several major universities and colleges in Boston, Massachusetts. It...

Market Behavior: Rent Controls - There are several major universities and colleges in Boston, Massachusetts. It is a city with high rents and low vacancies. Students attending these schools have complained that they cannot find “affordable” housing in areas near their schools and asked the City Council of Boston to impose rent controls at rates student could afford. As an economics student, the Council has asked for your opinion concerning this request. What is your opinion?

In: Economics