A company had a steady revenue of $77,791. They expects revenue to decrease by $8,783 over the next 4 years. What is the total expected revenue worth right now if the company's MARR is 2%?

QUESTION 45

1. All of the following may be sources of revenue for a revenue bond EXCEPT

   		airports
   		user fees
   		tolls
   		property taxes

1 points   

QUESTION 46

1. Which of the following are factors that affect the marketability of municipal GO bonds?

   I. The quality

   II. Call features

   III. The issuer’s name

   IV. Credit enhancements

   		I and II
   		I, II, III, and IV
   		II and III
   		I, II, and III

1 points   

QUESTION 47

1. Investors who have international investments are subject to

   I. political risk

   II. currency risk

   III. regulatory risk

   		II and III
   		I and II
   		I and III
   		I, II, and III

1 points   

QUESTION 48

1. If the U.S. dollar has fallen in comparison with foreign currencies, which of the following statements is TRUE?

   		U.S exports increase.
   		Foreign currencies buy fewer U.S. dollars.
   		U.S. products cost more for foreign consumers.
   		U.S. exports are likely to fall.

1 points   

QUESTION 49

1. A registered representative may open all of the following customer account EXCEPT

   		a corporate account by a designated officer
   		a partnership account by a designated partner
   		a minor’s account by a custodian
   		an account in the name of Mr. Wegner for Mrs. Wegner

1 points   

QUESTION 50

1. Which of the following partnership documents needs to be filed with the secretary of state in the home state of the partnership?

   I. The certificate of limited partnership

   II. The partnership agreement

   III. The subscription agreement

   		I only
   		I and III
   		II and III
   		I, II, and III

What is risk and revenue management? How to analyze risk and revenue management of a company by looking into the company financial report?

Below are revenue and profit (both in $ billions) for nine large entertainment companies. Revenue and Profit of Nine Entertainment Companies (See the attached Excel file for correct, readable format)

Company Revenue Profit

AMC Entertainment 1.792 -0.020

Clear Channel Communication 8.931 1.146

Liberty Media 2.446 -0.978 Metro-

Goldwyn-Mayer 1.883 -0.162

Regal Entertainment Group 2.490 0.185

Time Warner 43.877 2.639

Univision Communications 1.311 0.155

Viacom 26.585 1.417

Walt Disney 27.061 1.267

Correlation and Regression

Make a scatterplot of profit as a function of revenue. Use Excel to fit the Trendline to the above problem data. Display the Regression Equation and R2. Explain the meaning of the Regression Equation and the R2. How would this model be applied to financial analysis and forecasting?

What are the new reporting and disclosure requirements for revenue recognition? Why is revenue recognition a Big Deal?

6) Unearned revenue is classified as

a. an asset account.

b.   a revenue account.

c. a contra-revenue account.

d.   a liability account.

7) Which of the following would not result in unearned revenue?

a. Rent collected in advance from tenants

b.   Services performed on account

c. Sale of season tickets to football games

d.   Sale of two-year magazine subscriptions

8) If an adjusting entry is not made for an accrued expense,

a. expenses will be overstated.

b.   liabilities will be understated.

c. net income will be understated.

d.   owner’s equity will be understated.

1. You are an intern with an equity research organization. You have been given the task to project the values of certain income statement and balance sheet items for the next year (FY2020) for ABC Ltd (Your current time=0 is FY ending 2019). You have collected information about the historical income statement and balance sheet items. The historical information is provided in Table 1.

Table 1

Net PPE: Net Property Plant and equipment (Balance sheet item)

1. Calculate the year-over- year (yoy) growth rate in Sales Revenue for (2016-2017, 2017-2018 and 2018-2019). Also calculate the average of the three growth rates and denote it as Sales growth rate   
2. Calculate the EBITDA margin for three years (2019, 2018 and 2017). Also calculate the average of the EBITDA margin
3. Calculate the ratio Depreciation expense/Net PPE_t-1 for the three years (2019, 2018 and 2017). Calculate the average of this ratio of depreciation expense as a % of prior period Net PPE
4. Calculate the corporate tax rate from the Table above and take an average of the three years.
5. Calculate the Net PPE turnover ratio from the Table above for the three years of data provided (2019, 2018,2017) and take an average of the last three years
6. Project the Sales revenue for the FY2020 using the average growth rate in sales revenue   
7. Project the EBITDA for the FY2020 using EBITDA margin average
8. Project the Depreciation expense for the year FY2020 using average Depreciation divided by NetPPE_t-1   
9. Project the EBIT for the FY2020 using the projected values of EBITDA and depreciation
10. Project the Tax amount for the FY2020 using the tax % average calculated   
11. Project the Net Profit for the FY2020

Project the Net PPE figure for FY2020 ending using the average turnover ratio         

Customers arrive at a local ATM at an average rate of 14 per hour. Assume the time between arrivals follows the exponential probability distribution. Determine the probability that the next customer will arrive in the following time frames.

​a) What is the probability that the next customer will arrive within the next 2 ​minutes?

​b) What is the probability that the next customer will arrive in more than 15 ​minutes?

​c) What is the probability that the next customer will arrive between 8 and 13 ​minutes?

To test whether the mean time needed to mix a batch of material is the same for machines produced by three manufacturers, a chemical company obtained the following data on the time (in minutes) needed to mix the material.

(a)

Use these data to test whether the population mean times for mixing a batch of material differ for the three manufacturers. Use

α = 0.05.

State the null and alternative hypotheses.

H₀: At least two of the population means are equal.
H_a: At least two of the population means are different.

H₀: μ₁ = μ₂ = μ₃
H_a: Not all the population means are equal.    

H₀: Not all the population means are equal.
H_a: μ₁ = μ₂ = μ₃

H₀: μ₁ ≠ μ₂ ≠ μ₃
H_a: μ₁ = μ₂ = μ₃

H₀: μ₁ = μ₂ = μ₃
H_a: μ₁ ≠ μ₂ ≠ μ₃

Find the value of the test statistic. (Round your answer to two decimal places.)

t stat =

Find the p-value. (Round your answer to three decimal places.)

p-value =

State your conclusion.

Do not reject H₀. There is not sufficient evidence to conclude that the mean time needed to mix a batch of material is not the same for each manufacturer.

Do not reject H₀. There is sufficient evidence to conclude that the mean time needed to mix a batch of material is not the same for each manufacturer.    

Reject H₀. There is sufficient evidence to conclude that the mean time needed to mix a batch of material is not the same for each manufacturer.

Reject H₀. There is not sufficient evidence to conclude that the mean time needed to mix a batch of material is not the same for each manufacturer.

(b)

At the α = 0.05 level of significance, use Fisher's LSD procedure to test for the equality of the means for manufacturers 1 and 3.

Find the value of LSD. (Round your answer to two decimal places.)

LSD =

Find the pairwise absolute difference between sample means for manufacturers 1 and 3.

x₁ − x_{3 =}

What conclusion can you draw after carrying out this test? = (Choose one)

There is a significant difference between the means for manufacturer 1 and manufacturer 3.

There is not a significant difference between the means for manufacturer 1 and manufacturer 3.   

Your store has been a little slow lately so you have decided to do some short term incentives to encourage more people to come to your store. What is sales promotion? Describe three sales promotional tools you might use to attract customers to your business?