Questions
2. Problem 2 is adapted from the Problem 39 at the end of Chapter 11. Please...

2. Problem 2 is adapted from the Problem 39 at the end of Chapter 11. Please solve this problem in Excel and submit your Excel spreadsheet. The problem is as follows: The state of Virginia has implemented a Standard of Learning (SOL) test that all public school students must pass before they can graduate from high school. A passing grade is 75. Montgomery County High School administrators want to gauge how well their students might do on the SOL test, but they don't want to take the time to test the whole student population. Instead, they selected 20 students at random and gave them the test. The results are as follows: 83 79 56 93 48 92 37 45 72 71 92 71 66 83 81 80 58 95 67 78 Assume that SOL test scores are normally distributed. a. Compute the mean and standard deviation for these data. b. Determine the probability that a student at the high school will pass the test. c. How many percent of students will receive a score between 75 and 95? d. What score will put a student in the bottom 15% in SOL score among all students who take the test? e. What score will put a student in the top 2% in SOL score among all students who take the test? 3. The average male drinks 2 L of water when active outdoors (with a standard deviation of 0.8L). You are planning a full day nature trip for 100 men and will bring 210 L of water. What is the probability that you will run out? Please solve this problem in Excel and submit your Excel file.

In: Math

22. Determine the amount of money in a savings account at the end of 3 years,...

22. Determine the amount of money in a savings account at the end of 3 years, given an initial deposit of $4,000 and an annual interest rate of 4 percent when interest is compounded: Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

Future value
a. Annually
b. Semiannually
c. Quarterly

30. Your parents have accumulated a $170,000 nest egg. They have been planning to use this money to pay college costs to be incurred by you and your sister, Courtney. However, Courtney has decided to forgo college and start a nail salon. Your parents are giving Courtney $20,000 to help her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. Use 8 percent as the appropriate interest rate throughout this problem. Use Appendix A and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.


a. How much money will your parents have at the end of four years to help you with graduate school, which you will start then? (Round your final answer to 2 decimal places.)

Funds available for graduate school

b. You plan to work on a master’s and perhaps a PhD. If graduate school costs $23,540 per year, approximately how long will you be able to stay in school based on these funds? (Round your final answer to 2 decimal places.)

Number of years

1

In: Accounting

Red Yoder is an 80-year-old farmer who lives alone in the farmhouse where he grew up....

Red Yoder is an 80-year-old farmer who lives alone in the farmhouse where he grew up. It is located 20 miles outside of town. Red has been a widower for 10 years. Red rarely cooks for himself and mainly eats packaged or processed foods. His son, Jon, manages the farm now, but Red is still involved in the decision making.Red’s current medical problems include insulin-dependent diabetes complicated by an open foot wound. He also has some incontinence and difficulty sleeping.

Red is awaiting a visit from the home health nurses. He relates that he has an open wound on his big toe that developed after walking in a new pair of shoes. When his daughter-in-law, Judy, saw the wound, she called the family doctor, who suggested a visit by the wound care nurse, who works with the home health agency. Red agreed as long as his VA benefits cover the costs. Red is aware that his son and daughter-in-law have concerns about him living alone, but Red insists that while he needs a little help from Jon and Judy at times, he is still capable of caring for himself.

What are Red’s strengths?
What are your concerns for this patient?
What is the cause of your concern?
What information do you need?
What are you going to do about it?
What is Red experiencing?

In: Nursing

Banana Music Society is a​ not-for-profit organization that brings guest artists to the​ community's greater metropolitan...

Banana Music Society is a​ not-for-profit organization that brings guest artists to the​ community's greater metropolitan area. The music society just bought a small concert hall in the center of town to house its performances. The lease payments on the concert hall are expected to be $4,000 per month. The organization pays its guest performers $1,500 per concert and anticipates corresponding ticket sales to be $4,500 per concert. The music society also incurs costs of approximately $1,600 per concert for marketing and advertising. The organization pays its artistic director $30,000 per year and expects to receive $29,000 in donations in addition to its ticket sales.

1.

If the Banana Music Society just breaks​ even, how many concerts does it​ hold?

2.

In addition to the​ organization's artistic​ director, the music society would like to hire a marketing director for $28,000
per year. What is the breakeven​ point? The music society anticipates that the addition of a marketing director would allow the organization to increase the number of concerts to 53 per year. What is the music​ society's operating​ income/(loss) if it hires the new marketing​ director?

3.

The music society expects to receive a grant that would provide the organization with an additional $14,000
toward the payment of the marketing​ director's salary. What is the breakeven point if the music society hires the marketing director and receives the​ grant?

In: Accounting

Livingston Music Society is a​ not-for-profit organization that brings guest artists to the​ community's greater metropolitan...

Livingston Music Society is a​ not-for-profit organization that brings guest artists to the​ community's greater metropolitan area. The music society just bought a small concert hall in the center of town to house its performances. The lease payments on the concert hall are expected to be $4,000 per month. The organization pays its guest performers $1,800 per concert and anticipates corresponding ticket sales to be $4,500 per concert. The music society also incurs costs of approximately $1,000 per concert for marketing and advertising. The organization pays its artistic director $33,000 per year and expects to receive $30,000 in donations in addition to its ticket sales.

1. If the Livingston Music Society just breaks​ even, how many concerts does it​ hold?

2. In addition to the​ organization's artistic​ director, the music society would like to hire a marketing director for $25,500 per year. What is the breakeven​ point? The music society anticipates that the addition of a marketing director would allow the organization to increase the number of concerts to 44 per year. What is the music​ society's operating​ income/(loss) if it hires the new marketing​director?

3. The music society expects to receive a grant that would provide the organization with an additional $17,000 toward the payment of the marketing​ director's salary. What is the breakeven point if the music society hires the marketing director and receives the​ grant?

In: Accounting

Wk 9 Mini Assignment MU Story ANSWER THIS IN TEXT BOX PROVIDED IN THIS SECTION. DO...

Wk 9 Mini Assignment MU Story

ANSWER THIS IN TEXT BOX PROVIDED IN THIS SECTION. DO NOT SUBMIT A FILE; IF YOU SUBMIT A FILE YOU WILL GET ZERO.

Mr Rabbit, Mr Bear and Mr Fox go to town. A new bakery has just opened, and in an attempt to attract awareness, it is offering free unlimited samples of its chocolate chip cookies. However, the free cookies can only be consumed in-store (you cannot take them home).

Mr. Rabbit ate 10 cookies and then stopped

Mr. Bear ate 25 cookies before he stopped, then bought a milkshake.

Mr. Fox had 30 cookies and then stopped.

The owner of the bakery, Mr. Turtle, said “I am glad you like the cookies!” Here’s is a funny story about my muffins...last week, I dropped the price on muffins 20% but I only sold 20% more! In the end, the total muffin sales were the same as if they were normally priced!!

Briefly explain your answer to the questions below:

  1. Who got to zero marginal utility for the cookies first?
  2. Mr Bear still was not full after 25 cookies, since he paid for a milkshake. Why would he pay for a milkshake when he could keep eating cookies for free?
  3. What kind of price elasticity is Mr Turtle seeing on his muffins?  

In: Economics

Mosl financial advisory providing financial service to the customers.it has 4 advisor who each expect to...

Mosl financial advisory providing financial service to the customers.it has 4 advisor who each expect to work 2000 hour per year chargable.and each salary is 90,000 per year.now company employes 2 more Admin staff whose all together(combine salary )is 110,000 per year.other estimated cost for the year is like,(non- salary costs) rent - 30,000,Advertisement - 2,000,client palce travelling cost 10,000,cost of accomodation when vist client 8,000,mobile cost 7,000.

Mosl has allocating costs to each client the chargeable hours spent on each client and charging clent using a single cost rate for all costs based on chargeable hours. same rate using when preparing quatation for the new client.

mosl reviewed their and conclude that they have three diffrent kind of client group.

Town client stateclient countryClient
hourly charge to the client 70 500 200
distance to client(km) 40 80 110
no.of visit to client 5 9 2
ech group has no.of client 7 5 3

calculate:

single rate cost used to allocate cost.what will be allocated cost for each 3 client group under the current method?

calculate cost allocated to each client group using the activity based system allocation cost.

In: Accounting

Problem 5. The aquifer source water used by the town of Pandarwin, IL contains 32 mg/L...

Problem 5. The aquifer source water used by the town of Pandarwin, IL contains 32 mg/L Fe2+ and 97 µg/L arsenic, predominantly in the form of As(III). To meet the new MCL of 10 µg/L the local water utility is considering several strategies. One strategy involves adding hydrogen peroxide (H2O2) to the water. Arsenic removal occurs indirectly as a byproduct of the reaction between Fe2+ and H2O2. When H2O2 reacts with Fe2+, hydroxyl radical intermediates (•OH) are produced which can rapidly oxidize As(III) to As(V). The As(V) can then be removed by coprecipitation with and adsorption onto Fe(OH)3(s) precipitates during sand filtration. The source water is well buffered at pH 8.0 by dissolved carbonate species.

(a) Write the balanced redox reaction between Fe2+ and H2O2. Fe2+ is converted to Fe(OH)3(s) and H2O2 is converted to H2O.

(b) The treatment plant flow rate is 107 L/day. If we assume that the reaction from part (a) goes to completion as written, calculate the mass of H2O2 that will be required each day to consume all the dissolved Fe2+ in the source water entering the plant.

(c) If we assume that each H2O2 molecule generates a single ⋅OH intermediate when it reacts with Fe2+, estimate the fraction of ⋅OH intermediates that will be used to convert As(III) to As(V) in the source water. Assume that each As(III) molecule reacts with only a single ⋅OH intermediate

In: Civil Engineering

Shrieves Casting Company is considering adding a new line to its product mix, and the company...

Shrieves Casting Company is considering adding a new line to its product mix, and the company hires you, a recently business school graduate, to conduct capital budgeting analysis. The production line would be set up in unused space in Shrieves' main plant. The machinery’s invoice price would be approximately $200,000; another $10,000 in shipping charges would be required; and it would cost an additional $30,000 to install the equipment. The machinery has an economic life of 4 years, and would be a class 8 with a 20% CCA rate. The machinery is expected to have a salvage value of $25,000 after 4 years of use.                                                                                                                                                                                                              

The new line would generate incremental sales of 1,250 units per year for four years at an incremental cost of $100 per unit in the first year, excluding depreciation. Each unit can be sold for $200 in the first year. The sales price and cost are expected to increase by 3% per year due to inflation. Further, to handle the new line, the firm’s net operating working capital would have to increase by an amount equal to 12% of sales revenues. The firm’s tax rate is 28%, and its overall weighted average cost of capital is 10 percent. Suppose the firm had spent $100,000 last year to rehabilitate the production line site.Assume that the plant space could be leased out to another firm at $25,000 a year.     

What is the project's after-tax NPV? Should the project proceed? Prepare a report including capital budgeting, risk analysis and comments.

In: Finance

Shrieves Casting Company is considering adding a new line to its product mix, and the company...

Shrieves Casting Company is considering adding a new line to its product mix, and the company hires you, a recently business school graduate, to conduct capital budgeting analysis. The production line would be set up in unused space in Shrieves' main plant. The machinery’s invoice price would be approximately $200,000; another $10,000 in shipping charges would be required; and it would cost an additional $30,000 to install the equipment. The machinery has an economic life of 4 years, and would be a class 8 with a 20% CCA rate. The machinery is expected to have a salvage value of $25,000 after 4 years of use.                                                                                                                                                                                                              

The new line would generate incremental sales of 1,250 units per year for four years at an incremental cost of $100 per unit in the first year, excluding depreciation. Each unit can be sold for $200 in the first year. The sales price and cost are expected to increase by 3% per year due to inflation. Further, to handle the new line, the firm’s net operating working capital would have to increase by an amount equal to 12% of sales revenues. The firm’s tax rate is 28%, and its overall weighted average cost of capital is 10 percent. Suppose the firm had spent $100,000 last year to rehabilitate the production line site.Assume that the plant space could be leased out to another firm at $25,000 a year.     

Prepare a report including risk analysis, and comments. ( I appreciate it if you give me the detail of calculating and Also RISK Analysis, I have a problem in calculating that. )

In: Finance