Assume for a given year there is a population of 1,725,000 people, 345,000 of whom are 65 years younger. There are 22,425 live births, 13,800 deaths in all age groups from all causes, 10,350 deaths for those 65 and above, 4000 deaths from heart disease, 7000 deaths from cancer, 95 deaths among infants less than 28 days, 140 deaths among infants less than one year (including those < 28 days), and 6 deaths among pregnant mothers. Assume that there 40,000 new cases of influenza, 45,000 people have influenza at some point in time during the year. Calculate the following rates to one decimal place. (15 points)
a. crude mortality rate (per 100,000)
b. age-specific mortality rate among those 65 and above (per
100,000) c. proportionate mortality rate for cancer
In: Math
workout for a 21 year old volleyball player for muscular strength
In: Anatomy and Physiology
At the end of the year, a company offered to buy 4,650 units of a product from X Company for $11.00 each instead of the company's regular price of $17.00 each. The following income statement is for the 68,900 units of the product that X Company has already made and sold to its regular customers:
| Sales | $1,171,300 | |
| Cost of goods sold | 596,674 | |
| Gross margin | $574,626 | |
| Selling and administrative costs | 175,006 | |
| Profit | $399,620 | |
For the year, variable cost of goods sold were $457,496, and
variable selling and administrative costs were $93,704. The special
order product has some unique features that will require additional
material costs of $0.89 per unit and the rental of special
equipment for $2,500.
4. Profit on the special order would be
5. The marketing manager thinks that if X Company accepts the special order, regular customers will be lost unless the selling price for them is reduced by $0.11. The effect of reducing the selling price will be to decrease firm profits by
In: Accounting
The comparative balance sheets of Sheridan Inc. at the beginning
and the end of the year 2017 are as follows.
|
SHERIDAN INC. |
|||||||
|
Dec. 31, 2017 |
Jan. 1, 2017 |
Inc./Dec. |
|||||
| Assets | |||||||
| Cash | $ 46,990 | $ 14,990 | $32,000 | Inc. | |||
| Accounts receivable | 94,720 | 89,730 | 4,990 | Inc. | |||
| Equipment | 42,720 | 23,730 | 18,990 | Inc. | |||
| Less: Accumulated Depreciation-Equipment | 20,720 | 11,000 | 9,720 | Inc. | |||
| Total | $163,710 | $117,450 | |||||
| Liabilities and Stockholders’ Equity | |||||||
| Accounts payable | $ 23,720 | $ 16,730 | 6,990 | Inc. | |||
| Common stock | 101,990 | 81,730 | 20,260 | Inc. | |||
| Retained earnings | 38,000 | 18,990 | 19,010 | Inc. | |||
| Total | $163,710 | $117,450 | |||||
Net income of $47,720 was reported, and dividends of $28,710 were
paid in 2017. New equipment was purchased and none was sold.
Prepare a statement of cash flows for the year 2017.
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
In: Accounting
You will be paying $10,000 a year in tuition expenses at the end of the next two years. Bonds currently yield 8%. (LO 11-2)
|
a. |
What is the present value and duration of your obligation? |
|
b. |
What maturity zero-coupon bond would immunize your obligation? |
|
c. |
Suppose you buy a zero-coupon bond with value and duration equal to your obligation. Now suppose that rates immediately increase to 9%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation? |
|
d. |
What if rates fall to 7%? |
In: Finance
The accompanying data are the percentage of babies born prematurely in a particular year for the 50 U.S. states and the District of Columbia (DC). State Premature Percent State Premature Percent State Premature Percent Alabama 12.3 Kentucky 11.3 North Dakota 9.0 Alaska 9.1 Louisiana 12.9 Ohio 10.9 Arizona 9.6 Maine 9.0 Oklahoma 10.9 Arkansas 10.6 Maryland 10.7 Oregon 8.3 California 8.9 Massachusetts 9.2 Pennsylvania 10.0 Colorado 9.0 Michigan 10.4 Rhode Island 9.2 Connecticut 9.8 Minnesota 9.3 South Carolina 11.4 Delaware 9.9 Mississippi 13.5 South Dakota 9.1 DC 10.2 Missouri 10.4 Tennessee 11.4 Florida 10.5 Montana 9.9 Texas 11.0 Georgia 11.4 Nebraska 9.7 Utah 9.7 Hawaii 10.6 Nevada 10.7 Vermont 8.5 Idaho 8.8 New Hampshire 8.8 Virginia 9.8 Illinois 10.7 New Jersey 10.2 Washington 8.7 Indiana 10.3 New Mexico 9.8 West Virginia 11.4 Iowa 9.9 New York 9.5 Wisconsin 9.8 Kansas 9.3 North Carolina 10.3 Wyoming 11.8 (a) The smallest value in the data set is 8.3 (Oregon), and the largest value is 13.5 (Mississippi). Are these values outliers? Explain. Any observations smaller than 8.3 Incorrect: Your answer is incorrect. % or larger than 13.5 Incorrect: Your answer is incorrect. % are considered outliers. Therefore, Oregon's data value (8.3%) Correct: Your answer is correct. an outlier and Mississippi's data value (13.5%) Changed: Your submitted answer was incorrect. Your current answer has not been submitted. an outlier. (b) Construct a boxplot for this data set. Comment on the interesting features of the plot. The boxplot shows Incorrect: Your answer is incorrect. and the distribution is . The minimum value is %, the lower quartile is %, the median is %, the upper quartile is %, and the maximum value is %.
In: Math
The Harris Company is the lessee on a four-year lease with the
following payments at the end of each year:
| Year 1: | $ | 11,000 |
| Year 2: | $ | 16,000 |
| Year 3: | $ | 21,000 |
| Year 4: | $ | 26,000 |
An appropriate discount rate is 7 percentage, yielding a present
value of $61,233.
a-1. If the lease is an operating lease, what will
be the initial value of the right-of-use asset?
a-2. If the lease is an operating lease, what will
be the initial value of the lease liability?
a-3. If the lease is an operating lease, what will
be the lease expense shown on the income statement at the end of
year 1?
a-4. If the lease is an operating lease, what will
be the interest expense shown on the income statement at the end of
year 1? (Leave no cells blank – be certain to enter “0”
wherever required.)
a-5. If the lease is an operating lease, what will
be the amortization expense shown on the income statement at the
end of year 1? (Leave no cells blank – be certain to enter
“0” wherever required.)
b-1. If the lease is a finance lease, what will be
the initial value of the right-of-use asset?
b-2. If the lease is a finance lease, what will be
the initial value of the lease liability?
In: Finance
8) The formula for computing overhead for the Texas Company for the year is given as $160,000 + $1.25/direct labor hour. The company produces a single product that requires 2.5 direct labor-hours to complete.
Assume that the company chooses 100,000 direct labor-hours as the denominator level of activity, but actually worked 96,000 hours during the year producing 37,000 units.
Actual overhead costs for the year are:
Variable costs $ 124,800
Fixed costs 158,800
Total overhead costs $ 283,600
Required: (Be sure to indicate whether the variances are favorable or unfavorable.)
a. Compute the variable overhead price variance and the variable overhead efficiency variance.
b. Compute the fixed overhead spending (budget) variance and the production volume variance
please explain the steps and reasoning behind your answer
The answers are a)4375 unfavorable b) 12000 unfavorable .
In: Accounting
. You are working on a bid to build two city parks a year for the next three years. This project requires the purchase of $180,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the 3-year project life. The equipment can be sold at the end of the project for $34,000. You will also need $20,000 in net working capital for the duration of the project. The fixed costs will be $16,000 a year and the variable costs will be $168,000 per park. Your required rate of return is 15 percent and your tax rate is 34 percent. What is the minimal amount you should bid per park?
A. $72,500
B. $128,600
C. $154,300
D. $189,100
E. $217,600
Please give detailed explanation about how to get each value
In: Finance
At the beginning of this year, Brandon Corporation entered into business acquisition. As a result of the acquisition, Brandon reported the following intangible assets:
Patent $480,000
Franchise Agreement $350,000
Copyright $150,000
Goodwill $550,000
Total: $1,530,000
The patent expires in 12 years. The franchise agreement expires in 7 years but can be renewed indefinitely at a minimal cost. The copyright is expected to be sold at the end of 20 years for $30,000. Use the straight-line amortization method to calculate the total carrying value of Brandon's intangible assets at the end of the year.
In: Finance