Computer equipment was acquired at the beginning of the year at a cost of $27,500 that has an estimated residual value of $1,700 and an estimated useful life of 5 years.
a. Determine the depreciable cost.
$
b. Determine the double-declining-balance rate.
%
c. Determine the double-declining-balance depreciation for the
first year.
$
In: Accounting
In that same year, the mean of the math portion of the SAT was 466, with a standard deviation of 117. Keep that in mind to answer the following questions:
a) Some schools use SAT scores for admission. Suppose an engineering school established 600 as the lowest acceptable score for admission. What proportion of the high school seniors would be excluded by such a policy? Draw the picture
b) What proportion of the population would be expected to score between 350 and 550? Draw the picture
c) Some colleges have a fairly stiff math requirement. Suppose the college decided not to admit anyone who was in the bottom 15 percent of the population. What would the cutoff score be? Draw the picture
d) In an urban high school, there were 750 college-bound seniors. How many could be advised to not bother to apply to the school mentioned in A and C above? Draw the picture
e) In working the problems above, you have been making an important assumption about the distribution of math SAT scores. What is that assumption?
In: Statistics and Probability
In that same year, the mean of the math portion of the SAT was 466, with a standard deviation of 117. Keep that in mind to answer the following questions:
a) Some schools use SAT scores for admission. Suppose an engineering school established 600 as the lowest acceptable score for admission. What proportion of the high school seniors would be excluded by such a policy? Draw the picture
b) What proportion of the population would be expected to score between 350 and 550? Draw the picture
c) Some colleges have a fairly stiff math requirement. Suppose the college decided not to admit anyone who was in the bottom 15 percent of the population. What would the cutoff score be? Draw the picture
d) In an urban high school, there were 750 college-bound seniors. How many could be advised to not bother to apply to the school mentioned in A and C above? Draw the picture
e) In working the problems above, you have been making an important assumption about the distribution of math SAT scores. What is that assumption?
Type Everything Please
In: Statistics and Probability
In this assignment, you will create a schedule for the month of December of this year for your team members—John, Sally, Pedro, and Eunice. While creating the schedule, keep in mind the following conditions:
Every employee in the company needs to work for 45 hours per week.
John works from Saturdays to Wednesdays in the 6:00 a.m. to 4:00 p.m. shift, with a 1-hour lunch break.
Sally works from Mondays to Thursdays in the 3:00 p.m. to 3:00 a.m. shift, with two 1-hour breaks. To complete 45 hours of work, she can be either scheduled on Fridays or on Saturdays in a block of 5 hours, with no break.
Pedro can work on any day except Wednesdays from 12:00 noon to 5:00 p.m. His work schedule should be made available to him by 12:00 noon on Wednesday of the previous week.
Every week, Eunice works with both John and Sally—20 hours with John and 25 hours with Sally.
Your office is closed on December 24 and 25.
Eunice is on leave in the week after December 25.
John is on leave December 2 and 3.
Perform the following tasks:
Create a project schedule that incorporates all the conditions. Discuss the technique you used to implement the schedule.
Which software tool did you use to create the schedule?
Explain how helpful you found the tool.
Submit a 4- to 5-page report
In: Operations Management
Consider the following cash flows for projects A and B.
Year Project A Project B
0 -$1000 -$1000
1 375 900
2 375 700
3 375 500
4 375 -200
5 -100 200
The cost of capital for both projects is 10%. What is the cross over rate for projects A and B (the rate at which NPV profiles of the projcets intersect each other)?
| 1. |
There is no cross over rate as the NPV profiles of projects A and B do not cross each other for any rate between 0% and 100%. |
|
| 2. |
There are multiple cross over rates for projects A and B for rates between 0% and 100%. |
|
| 3. |
15.61% |
|
| 4. |
10% |
In: Finance
Kinkaid Co. is incorporated at the beginning of this year and
engages in a number of transactions. The following journal entries
impacted its stockholders’ equity during its first year of
operations.
| General Journal | Debit | Credit | |
| a. | Cash | 290,000 | |
| Common Stock, $25 Par Value | 230,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 60,000 | ||
| b. | Organization Expenses | 150,000 | |
| Common Stock, $25 Par Value | 128,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 22,000 | ||
| c. | Cash | 44,500 | |
| Accounts Receivable | 17,500 | ||
| Building | 82,100 | ||
| Notes Payable | 59,600 | ||
| Common Stock, $25 Par Value | 54,500 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 30,000 | ||
| d. | Cash | 123,000 | |
| Common Stock, $25 Par Value | 78,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 45,000 | ||
Required:
2. How many shares of common stock are outstanding
at year-end?
3. What is the amount of minimum legal capital
(based on par value) at year-end?
4. What is the total paid-in capital at
year-end?
5. What is the book value per share of the common
stock at year-end if total paid-in capital plus retained earnings
equals $796,000?
In: Accounting
Equipment was acquired at the beginning of the year at a cost of $40,000. The equipment was depreciated using the double-declining-balance method based on an estimated useful life of ten years and an estimated residual value of $780. a. What was the depreciation for the first year?
b. Assuming the equipment was sold at the end of year 2 for $9,240, determine the gain or loss on the sale of the equipment. $fill in the blank
c. Journalize the entry to record the sale. If an amount box does not require an entry, leave it blank.
In: Accounting
In the next year, there is a 40% chance of a bear market, and a 60% change of a bull market. Over the next year:
Debt will realize a 0% return in a bear market, and a 6% return
in a bull market.
Equity will realize a -10% return in a bear market, and a 20%
return in a bull market
What is the correlation of debt and equity? (decimal number, 3
decimal places)
In: Finance
In the next year, there is a 40% chance of a bear market, and a 60% change of a bull market. Over the next year:
Debt will realize a 0% return in a bear market, and a 6% return
in a bull market.
Equity will realize a -10% return in a bear market, and a 20%
return in a bull market.
What is the covariance of debt and equity? (decimal number, 4
decimal places)
In: Finance
Kinkaid Co. is incorporated at the beginning of this year and
engages in a number of transactions. The following journal entries
impacted its stockholders’ equity during its first year of
operations.
| General Journal | Debit | Credit | |
| a. | Cash | 280,000 | |
| Common Stock, $25 Par Value | 230,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 50,000 | ||
| b. | Organization Expenses | 190,000 | |
| Common Stock, $25 Par Value | 129,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 61,000 | ||
| c. | Cash | 43,500 | |
| Accounts Receivable | 18,000 | ||
| Building | 82,400 | ||
| Notes Payable | 59,900 | ||
| Common Stock, $25 Par Value | 54,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 30,000 | ||
| d. | Cash | 134,000 | |
| Common Stock, $25 Par Value | 80,000 | ||
| Paid-In Capital in Excess of Par Value, Common Stock | 54,000 | ||
Required:
2. How many shares of common stock are outstanding
at year-end?
3. What is the amount of minimum legal capital
(based on par value) at year-end?
4. What is the total paid-in capital at
year-end?
5. What is the book value per share of the common
stock at year-end if total paid-in capital plus retained earnings
equals $791,000?
How many shares of common stock are outstanding at year-end? What is the amount of minimum legal capital (based on par value) at year-end? What is the total paid-in capital at year-end?
|
What is the book value per share of the common stock at year-end if total paid-in capital plus retained earnings equals $791,000?
|
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In: Accounting