Question 3)The final grades in Math class of 80 students at State University are recorded in the accompanying table.
| 53 | 62 | 68 | 73 | 75 | 78 | 82 | 88 |
| 57 | 62 | 68 | 73 | 75 | 78 | 83 | 89 |
| 59 | 63 | 68 | 73 | 75 | 78 | 84 | 90 |
| 60 | 63 | 69 | 74 | 76 | 78 | 85 | 93 |
| 60 | 65 | 71 | 74 | 76 | 79 | 85 | 93 |
| 60 | 65 | 71 | 75 | 76 | 79 | 85 | 94 |
| 61 | 65 | 71 | 75 | 76 | 79 | 86 | 95 |
| 61 | 66 | 72 | 75 | 77 | 80 | 87 | 95 |
| 62 | 67 | 72 | 75 | 77 | 81 | 88 | 95 |
| 62 | 67 | 73 | 75 | 78 | 82 | 88 | m |
A.The given data set is in ascending order. If class interval size is 3 for the constructed 14 classes, find “m”.(Note: This section is not related with section B)
B.Construct a frequency table with 8 classes and find its frequencies.
i)Find median class
ii)Sketch the ogive curves by using either the cumulative frequency or the cumulative relative frequency.
iii)Using the ogive curve find the following probabilities:
P(x<76.5)=
P(x>88.5)=
P(x>84)=
P(x<90)=
P(74<x<92)=
P(x=78)=
iv)Find interquartile range (IQR)
v)Sketch box and whisker plot.
vi)Comment on skewness.
vii)The standard deviation and mean of another math class of 49 students from Technology University is 10.3 and 88.6, respectively. Compare the Math class in State University with Math class in Technology University, which one is more consistent? In other words which Math class has less spread of values around its mean? Show your work and explain why?Note: You can find the necessary parameters for the State University either from raw data given or from the frequency table you constructed.
In: Statistics and Probability
Read the dysfunctional team case posted under to answer the following questions.
What would it take to work with someone that you don’t get along with in a team? Nine months ago, the executives running your design firm decided to start using teams. Before that, all of the work was done on an individual basis. Ron the marketing guy would run some consumer surveys to try to identify new fads. He would pass this information on to the Susie in the art department, who would come up with some sketches of new products based on the surveys. She would then pass this on to production, where Maury would look at the sketches and see what kind of materials would have to be ordered so that Sharon could have a chance to work up some prototypes. Finally, about five months later, Marcus in sales would have some samples that he could take around to potential customers. But after switching to one team, where all these people could work together and share their ideas at each step of the process, that time was cut down just six weeks. The executives of your company were thrilled with these results, and no doubt, they patted themselves on the back for coming up with the brilliant idea of using teams. There is, though, just one thing that they didn’t take into consideration – the team members hate each other! Marcus thinks that Ron talks too much and dominates every single team meeting. Maury, who hates sports, thinks that Susie wastes all of her time following the University of Michigan football team. Susie, meanwhile, hates it that Sharon won’t stop it with stories about her kids. As for Marcus, nobody can quite figure him out, but almost everyone on the team thinks that he is racist. With all of these negative emotions floating around, your project team has become stagnant. The meetings are uncomfortable, to say the least, and the interaction between the members has become toxic. It’s been virtually impossible to get people to share ideas, reflect on others’ ideas, or even just look each other in the eyes. Most meetings, it’s plainly obvious that the only reason people are in the meetings is because they have to be. A few weeks ago, Ron and Maury went to senior managers and asked what they would need to do to not work in teams anymore. The managers, in turn, told them to tell everyone else that, in effect, they are stuck with what they got. The mangers are unwilling to give up the gains in productivity and speed, so the team is just going to have to learn how to work together. So here you sit, a dysfunctional team, with a directive from your bosses to learn how to get along. How do you do it?
Do the a-type conflicts (affective conflicts) among the team members increase, or decrease c-type conflict (cognitive conflict)? Why?
What are some ways that this group can decrease their interpersonal conflicts and increase its cohesiveness?
In: Operations Management
Calculate the Gini Coefficient. Use Excel.
The small country of Alpha has 10 citizens. The citizens and their earned incomes are listed below:
Citizen Earned Income
Zak $ 5,000
Erika $10,000
Bill $5,000
Juan $ 20,000
Harry $ 20, 000
Jose $ 50,000
Emily $ 50,000
Kai $ 5,000
Robert $ 5,000
Kathleen $ 5,000
From the data, graph the Lorenz Curve and calculate the Gini Coefficient.
In: Economics
In: Economics
what are the disadvantages in using Earned Value and a PMIS?
In: Finance
Assume that you are a consultant for an international management strategy consulting firm. Your firm has been approached by Mr. Hans Wursching, CEO of TransSprech, A.G., a newly formed cellular phone service and phone provider based in Stuttgart, Germany. TransSprech has a satellite GSM network with complete coverage in Europe and the United States, as well as throughout most countries in the world. The company has established some semblance of a marketing and management strategy, and you have been asked to review the current strategy and help the company go to the next level by growing its sales. You recently conducted the initial information-gathering meeting with Mr. Wursching, and received the following information: ? TransSprech maintains corporate offices in numerous cities around the world. However, its customer service outlets and retail sales are conducted through the company website, as well as through licensed electronic retailers. It does not maintain its own customer service or retail locations. ? Its target markets are both companies and individuals wanting cellular phone service with worldwide coverage and who are willing to pay a premium to get it. It already has about three thousand customers worldwide and is hoping to grow to ten thousand by year end. ? Corporate customers are more valuable customers because they are buying in larger volumes. Establishing a customer base is very important as this company attempts to establish itself. ? No sales force has been established. So far, the company has received many customers in response to its advertising. ? It offers individual customers four different cost plans with respect to the cellular service as well as five different phone options. However, corporate customers can negotiate variations within the established options. ? The phones themselves are similar to those used by TransSprech competitors but the satellite network providing the coverage is far more advanced. ? The company has retained a Berlin-based advertising and public relations agency to develop a worldwide advertising campaign. Print and TV advertisements have recently saturated the European market and will soon be shown in the US market. The company is currently running several promotions to get its product and name known; however, its long-term goal is to offer a premium, non-discounted product that is desired because of its value and quality, not low price. ? Because the company and its product are in the early stages of development, there have been technical problems, and the company has had to provide a great deal of service to its customers. ? Mr. Wursching understands that it costs more to acquire new customers than to retain existing ones, so he would like to establish a customer relationship management plan at some point to improve customer loyalty and retention. He has a well-trained customer service operator staff in place.
In: Finance
At least almost a page. Do not copy from articles, or from anywhere.
Choose either an individual application or a bundled suite of software and describe the most beneficial features as well as how they apply to your current life or future business plans. Compare these features to any rival applications based on price, system requirements, appearance, differences/similarities, ease of upgrades, etc. Determine any existing or potential competitive advantage that one company may have over another in the market and explain why. (Ex. MS Office vs. OpenOffice, InDesign vs. Quark, Safari vs. IE vs. Chrome, etc.)
In: Computer Science
In: Accounting
The transactions completed by Revere Courier during
December, the first month of fiscal year, were as follows:
Dec.1 Issued Check No.610 for December rent $4,200.
Dec. 2 Issued Invoice No. 940 to Clifford Co., $1,740.
Dec. 3 Received check for $4,800 from Ryan Co. in payment of
account.
Dec. 5 Purchased a vehicle on account from Platinum Motors,
$37,300.
Dec. 6 Purchased office equipment on account from Austin Computer
Co., $4,500.
Dec. 6 Issued Invoice No. 941 to Ernesto Co.., $3,870.
Dec. 9 Issued Check No. 611 for fuel expense, $600.
Dec. 10 Received check from Sing Co . in payment of $4,040
invoice.
Dec. 10 Issued Check No. 612 for $330 to Office To Go Inc. in
payment of invoice.
Dec. 10 Issued Invoice No. 942 to Joy Co., $1,970.
Dec. 11 Issued Check No. 613 for $3,090 to Essential Supply Co. in
payment account.
Dec. 11 Issued Check No. 614 for $500 to Porter Co. in payment of
account.
Dec 12 Received check from Clifford Co. in payment of $1,740
invoice of December 2.
Dec. 13 Issued Check No. 615 to Platinum Motors in payment of
$37,300 balance of December 5.
Dec. 16 Issued Check No. 616 for $39,800 for cash purchase of a
vehicle.
Dec. 16 Cash fees earned for December 1-16, $20,300.
Dec. 17 Issued Check No. 617 for miscellaneous administrative
expense,, $500.
Dec. 18 Purchased maintenance supplies on account from Essential
Supply Co., $1,750.
Dec. 19 Purchased the following on account from McClain Co.:
maintenance supplies, $1,500; office supplies $375.
Dec. 20 Issued Check No 618 in payment of advertising expense, $1
780.
Dec. 20 Used $3,200 maintenance supplies to repair delivery
vehicles.
Dec. 23 Purchased office supplies on account from Office To Go
Inc., $400.
Dec. 24 Issued Invoice No. 943 to Sing Co. $6,100.
Dec. 24 Issued Check No. 619 to S. Holmes as a personal withdrawal,
$3,000.
Dec. 25 Issued Invoice No. 944 to Ernesto Co., $5,530.
Dec. 25 Received check for $4,100 from Ryan Co. in payment of
balance..
Dec. 26 Issued Check No.620 to Austin Computer Co. in payment of
$4,500 invoice of December 6.
Dec. 30 Issued Check No. 621 for monthly salaries as follows:
driver salaries, $16,900; office salaries, $7,100.
Dec.31 Cash fees earned for December 17-31,$18,900.
Dec. 31 Issued Check No. 622 payment for office supplies, $340.
Question 1.
Enter the following account balances in the general ledger as of
December 1.
(11) Cash $161,680
(12) Account Receivable 12,940
(14) Maintenance Supplies 10,850
(15) Office Supplies 4,900
(16) Office Equipment 28,500
(17)Accum. Depr.- Office Equip. 6,900
(18) Vehicles 95,00
(19) Accum. Depr.- Vehicles 14,700
(21) Accounts Payable 3,920
(31) S. Holmes, Capital 289,250
(32) S. Holmes Drawing -
(41) Fees Earned -
(51) Driver Salaries Expense -
(52) Maintenance Supplies Exp. -
(53) Fuel Expense -
(61) Office Salaries Expense -
(62) Rent Expense -
(63) Advertising Expense -
(64) Miscellaneous Adiministrative Expense -
Question 2 -
Journalize the transactions for December, using the following
journals.Cash receipts journal, purchases journal with columns for
Accounts Payable, Maintenance Supplies, Office Supplies, and
OtherAccounts.Single column, revenue journal, cash payments journal
and two- column general journal.Assume that the daily postings to
the individual accounts in the accounts payable subsidiary ledger
and the accounts receivable subsidiary ledger have been made.
Question 3- Post the appropriate individual entries to the general ledger.
Question 4- Total each of the columns of special journals and post the appropriate totals to the general ledger; insert the account balances.
Question 5- Prepare a trial balance.
In: Accounting
Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household applia nces. The company is entirely equity financed, with 9 million shares of common stock outstanding. The stock currently trades at $42.50 per share. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company’s finance department. One of the major revenue-producing items manufactured by Conch Republic is a smart phone. Conch Republic currently has one smart phone model on the market, and sales have been excellent. The smart phone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smart phone has limited features in comparison with newer models. Conch Republic spent $750,000 to develop a prototype for a new smart phone that has all the features of the existing smart phone but adds new features such as WiFi tethering. The company has spent a further $200,000 for a marketing study to determine the expected sales figures for the new smart phone. Conch Republic can manufacture the new smart phones for $185 each in variable costs. Fixed costs for the operation are estimated to run $5.3 million per year. The estimated sales volume is 74,000, 95,000, 125,000, 105,000, and 80,000 per year for the next five years, respectively. The unit price of the new smart phone will be $480. The necessary equipment can be purchased for $38.5 million and will be depreciated on a seven-year MACRS schedule. It is believed the value of the equipment in five years will be $5.4 million. As previously stated, Conch Republic currently manufactures a smart phone. Production of the existing model is expected to be terminated in two years. If Conch Republic does not introduce the new smart phone, sales will be 80,000 units and 60,000 units for the next two years, respectively. The price of the existing smart phone is $310 per unit, with variable costs of $125 each and fixed costs of $1,800,000 per year. If Conch Republic does introduce the new smart phone, sales of the existing smart phone will fall by 15,000 units per year, and the price of the existing units will have to be lowered to $275 each. Net working capital for the smart phones will be 20 percent of sales and will occur with the timing of the cash flows for the year; for example, there is no initial outlay for NWC, but changes in NWC will first occur in Year 1 with the first year’s sales. Conch Republic has a 35 percent corporate tax rate and a 12 percent required return. Company can obtain a debt by issuing bond carrying coupon rate of 8%. It is established at debt equity ratio can be 70:30. Beyond this financial distress risk will arise. Shelley has asked Jay to prepare a report that answers the following questions. QUESTIONS – Capital budgeting 1. What is the payback period of the project? 2. What is the profitability index of the project? 3. What is the IRR of the project? 4. What is the NPV of the project? o How sensitive is the NPV to changes in the price of the new smart phone? o How sensitive is the NPV to changes in the quantity sold of the new smart phone? QUESTIONS – Capital Structure 5. What is market value of firm before undertaking project 6. Company intend to use equity only to finance the project o Calculate companies market value after it announces that the firm will finance the project using equity. o What would be the new price per share of the firm’s stock? o How many shares need to be issued to finance the purchase? o Please explain hypothesis used. 7. Suppose the company decides to issue debt to finance the purchase. o What will the market value of the Company be if the purchase is financed with debt? o What will be the new Required return on equity ? o Construct Company’s market value balance sheet after both the debt issue and the land purchase. o What is the price per share of the firm’s stock? 8. Does financing with debt affect projects NPV? 9. Which method of financing maximizes the per-share stock price of Company’s equity? And how. 10. What would be risks of having a higher Debt equity ratio of assuming 80:20? Would it impact WACC ? Assignment need to be in 2000-2500 words you need to write you reasoning for answers. Just answers will not be sufficient
In: Finance