There is some evidence that, in the years 1981-85 , a simple name change resulted in a short-term increase in the price of certain business firms' stocks (relative to the prices of similar stocks). (See D. Horsky and P. Swyngedouw, "Does it pay to change your company's name? A stock market perspective," Marketing Science v., pp.320-35, 1987 .) Suppose that, to test the profitability of name changes in the more recent market (the past five years), we analyze the stock prices of a large sample of corporations shortly after they changed names, and we find that the mean relative increase in stock price was about 0.72%, with a standard deviation of 0.11%. Suppose that this mean and standard deviation apply to the population of all companies that changed names during the past five years. Complete the following statements about the distribution of relative increases in stock price for all companies that changed names during the past five years. (a) According to Chebyshev's theorem, at least 36% of the relative increases in stock price lie between ___ and ___ . (Round your answer to 2 decimal places.) (b) According to Chebyshev's theorem, at least ___of the relative increases in stock price lie between 0.50 % and 0.94 %. (c) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately ___ of the relative increases in stock price lie between 0.50 % and 0.94 %. (d) Suppose that the distribution is bell-shaped. According to the empirical rule, approximately 99.7% of the relative increases in stock price lie between ___and ____ .

Answer the questions completely with complete calculations.

1. Balance the following equation & fill in the state of the chemicals.

a. Fe2 (SO4)3 (aq) + NH3 (aq) + H2O (l) --> Fe (OH)3 ( ) + (NH4)2SO4 ( )

2. How many atoms of oxygen are present in 1.75 g sample of Fe2 (SO4)3?

3. Calculate the percentage of Cl by mass in PCl5

4. Predict whether each of the following ionic compounds is likely to be water soluble.

KCl _____; MgCO3 ____

Fe2O3 ____; Cu(NO3)2 _____

In which compound will the bulb be lit most brightly? why?

5. What is the oxidation number of element in BrO2-, BrO3- & BrO4-, Br2, Br-?

6. In the reaction 4 NH3 (g) + 5 O2 (g) --> 4 NO (g) + 6 H2O (l)

750 g NH3 is mixed with 750 g of O2.

a. what is the amount of NO produced in this reaction?

b. which is the limiting reagent?

c. How much of the excess reagent remains?

d. The actual yield of NO obtained was 400g. What is the % yield of NO?

7. A compound of 49.4% K, 20.3% S, and 30.3% O by mass. What is empirical formula of the compound?

8. How many grams of a sample of NaNO3 should be dissolved in a 150.0 mL of water to give a 0.22 M solution?

9. A certain alcohol contains only three elements C, H & O. Combustion of 50.00 g sample of the alcohol produced 95.50 g of CO2 and 58.70 g of H2O. What is the empirical formula of the alcohol?

The Math 122 Midterm Exam is coming up. Suppose the exam scores are normally distributed with a population mean of 73.8% and a standard deviation of 11.3%.

Let's first create a simulation to observe the expected results for a class of Math 122 students. In Excel, create 25 random samples of 23 students each. This means you should have 23 entries in each column, and you should be using columns A - Y. If you need a refresher for creating a random sample that is normally distributed, you can review the Technology Corner from Module 2.

After creating your random samples, copy all the numbers then use the "Paste Values" option in Excel to lock the numbers in place. Save your file, then attach it here:

Now find the mean of each sample.

What is the highest mean?

What is the lowest mean?

Note: While there are no points associated with the attachment or the highest/lowest mean, points will be deducted for not completing this portion or doing it incorrectly. These should be used to help you understand the remainder of the problem.

What is the probability of a student getting a score of 90% or better?  (Round to four decimal places. This should be the theoretical probability that is calculated, NOT the empirical probability from the simulation.)

What is the probability of a class of 23 students having a mean of 90% or better?  (Round to six (6) decimal places.This should be the theoretical probability that is calculated, NOT the empirical probability from the simulation.)

Explain, in your own words, why the answers to these two questions are drastically different. Your explanation should include:

• references to your simulation
• references to your calculations
• common sense explanation

Prepare the following financial statements based on below info:
1. Balance sheet as on 31 Dec 2017
2. P&L statement for year ending 31 Dec 2018
3. Balance sheet as on 31 Dec 2018
4. Statement of cash flows for the year ending 31 Dec 2018.

Financial Information:
The Company was initially set up by issuing 240,000 shares at an issue price of $1 each.
A factory was at a cost of $500,000.
The new factory was largely financed by taking out a $450,000 mortgage loan. In addition to the mortgage loan, the company took out a $482,000 interest-only unsecured bank loan.
In addition to the factory, the company purchased the following:
Plant&Equipment to the value of $200,000, Furniture&Fixtures to the value of $140,000, Inventory to the value of $184,000.
All these occurred in late Dec 2017. Any cash remaining was put into a bank account.

On 1 Mar 2018, the company took out a bank overdraft. The outstanbding balance on 31 Dec 2018 was $20,000 (This is to be recorded separately from cash balalnce rather than combined.)
On 1 July 2018, motor vehicles to the value of $160,000 were purchased.
On 31 Dec 2018, the company issued corporate bonds to the value of $700,000 and used the proceeds to purchase an additional factory costing $700,000.
On 31 Dec 2018, the company issued 142,000 new ordinary shares at $2 each and 260,000 new preferance shares at $1 each. Some of the amount raised was used to buy additional plant & equipment for the new factory at a cost of $240,000.

During the course of the year ending 31 December 2018, the following transactions occurred.
Products to the value of $1,992,000 were sold & delivered. These sales were m,ade on the basis on one month credit. Of the $1,992,000 in sales occuring in 2018, products to the value of $199,000 were delivered in Dcember 2018 and will not be paid for until January 2019.
Raw materials to the value of $996,000 were ordered and taken delivery of. These purchases were made on the basis of one month's credit. Of the $996,000 in raw materials purchased in 2018, raw materials to the value of $98,000 were ordered and taken delivery of in December 2018 and will not be paid of until Jan 2019.
Payment of wages ($148,000).
Payment of Rent for 2018 ($130,000)
Payment of motor vehicle running expenses ($53,000)
Payment of insurance for 2018 ($49,000)
Payment of interest ($84,000)
Payment for printing & stationery ($30,000)
Payment for Heating & Lighting for 2018 ($31,000)
Payment for Telephone, Postage & internet charges ($20,000)
In addition, an additional $46,000 was paid in December for January's rent.
In addition to the above interest payment, the principle owing on the mortgage loan was reduced by $42,000.
The value of inventory on 31 Dec 2018 was $213,000.

Additional Info : Depreciation on motor vehicles, plant&equipment and furniture&fixtures is calculated on a straight-line basis at the rate of 10% per year.
The company faces a tax rate of 20% . The company's Dividend payout ratio is 75%.

Which of the following does NOT qualify as a dwelling unit?

a.          House.

b.         Pontoon boat with neither kitchen nor restroom.

c.          Mobile home.

d.         Sailboat with kitchen and restroom.

10.        Joey bought his home in 2012 for $250,000, and used it as his principal residence until he sold it in 2018 for $140,000.  What recognized gain or loss does Joey include in his 2018 taxable income?

a.          $110,000 recognized loss.

b.         Neither gain nor loss.

c.          $110,000 recognized gain.

d.         $140,000 recognized gain.

11.        Fred and Ethel file a joint return for 2018. Fred bought his home in 2014 for $300,000 and has used it as his principal residence ever since.  Ethel moved into Fred’s home when they married in January, 2017.  Fred sold the home September 30, 2018 for $775,000.  What is the least recognized gain Fred and Ethel can report on their joint return for 2018?

a.          $0.

b.         $225,000.

c.          $475,000.

d.         $775,000.

12.        Mickey and Minnie file a joint return for 2018. Mickey bought his home in 2014 for $300,000 and has used it as his principal residence ever since.  Minnie moved into Mickey’s home when they married in January, 2016.  Mickey sold the home September 30, 2018 for $775,000.  What is the least recognized gain Mickey and Minnie can report on their joint return for 2018?

a.          $0.

b.         $225,000.

c.          $475,000.

d.         $775,000.

13.        Paul and Paula file a joint return for 2018.  During 2018, they paid $90,000 of interest on their home mortgage interest of $1,500,000. How much of the interest expense can they deduct on their 2018 return?

a.          They cannot deduct any mortgage interest.

b.         They can deduct $45,000 of the interest if they bought the home (and borrowed the mortgage) on January 1, 2018.

c.          They can deduct $30,000 of the interest if they bought the home (and borroded the mortgage) on January 1, 2014.

d.         They can deduct all $90,000 of the interest.

14.        Red bought his home on March 31, 2018.  On November 25, 2018, Red paid the entire $1,200 of real estate tax due on the home for 2018; the previous owner paid none of the real estate tax due for 2018. How much real estate tax can Red deduct for 2018?

a.          $0.

b.         $300.

c.          $900.

d.         $1,200.

15.        Lester owns home in Nome, Alaska.  During June, Lester rented his home out for 10 days to a television crew filming a segment of “Race for the Pole.”  Lester collected $20,000 of rent income for the 10 days, and used $16,000 of the proceeds to go on a 10-day vacation to Tahiti during filming.  What is Lester’s gross income from this arrangement?

a.          $0.

b.         $4,000.

c.          $16,000.

d.         $20,000.

There is a retailer called "The Coop", which carries a wide variety of products with MIT's name and logo: shirts, caps, keychains, pens... you name it! Anything from golf balls and teddy bears to pocket protectors and jewelry. With a store inside MIT's Student Center, and another one in the popular Kendall Square, across the street from MIT campus, The Coop is a favorite stop for casual MIT visitors, current students and their relatives, and nostalgic alumni.

The Coop carries a line of products that feature MIT's official seal cast in a jewelry-grade steel. The same seal (about the size of a coin) is used in multiple finished goods, such as necklaces, tie pins, cufflinks, and paperweights. The Coop is considering introducing in 2018 a new line of products featuring MIT's seal cast in 18 karat gold. These seals would be used in upscale jewelry, and as an ornament in the diploma frames that sell especially during commencement season.

Based on their experience with similar products in the past, The Coop has projected the following demand for gold MIT seals for each month of 2018.

The seals would be produced, under license, by Seventh Seal, a specialty manufacturer of commemorative seals cast in precious metals, located in Syracuse, New York. Seventh Seal has offered to produce the gold MIT seals exclusively for The Coop. Seventh Seal has explained to The Coop that there is a cost to setting up the equipment to produce the gold MIT seal. Because of this, Seventh Seal will charge The Coop a set-up cost of $1417.5 every time the MIT seal is produced.

Because of the high set-up cost, one of the managers at The Coop proposes doing all the seals that will be needed for 2018 in a one-time production batch. "This will save us a lot of money in set-up costs", he says.

Another manager, however, warns that - because the gold seals are expensive - there is an associated holding cost. The Coop estimates that the holding cost will be about $0.21000000000000002 per seal per month (the dot is a decimal mark).

Because of the high holding costs, that manager proposes doing monthly batches in the amount of seals that will be required that month, according to the demand projection. "This will save us a lot of money in holding costs", she says.

What are the total costs (e.g. the sum of set-up costs and holding costs) of producing the gold seals using a lot for lot (or chase) approach and a one time approach?

There is a retailer called "The Coop", which carries a wide variety of products with MIT's name and logo: shirts, caps, keychains, pens... you name it! Anything from golf balls and teddy bears to pocket protectors and jewelry. With a store inside MIT's Student Center, and another one in the popular Kendall Square, across the street from MIT campus, The Coop is a favorite stop for casual MIT visitors, current students and their relatives, and nostalgic alumni.

The Coop carries a line of products that feature MIT's official seal cast in a jewelry-grade steel. The same seal (about the size of a coin) is used in multiple finished goods, such as necklaces, tie pins, cufflinks, and paperweights. The Coop is considering introducing in 2018 a new line of products featuring MIT's seal cast in 18 karat gold. These seals would be used in upscale jewelry, and as an ornament in the diploma frames that sell especially during commencement season.

Based on their experience with similar products in the past, The Coop has projected the following demand for gold MIT seals for each month of 2018.

The seals would be produced, under license, by Seventh Seal, a specialty manufacturer of commemorative seals cast in precious metals, located in Syracuse, New York. Seventh Seal has offered to produce the gold MIT seals exclusively for The Coop. Seventh Seal has explained to The Coop that there is a cost to setting up the equipment to produce the gold MIT seal. Because of this, Seventh Seal will charge The Coop a set-up cost of $1417.5 every time the MIT seal is produced.

Because of the high set-up cost, one of the managers at The Coop proposes doing all the seals that will be needed for 2018 in a one-time production batch. "This will save us a lot of money in set-up costs", he says.

Another manager, however, warns that - because the gold seals are expensive - there is an associated holding cost. The Coop estimates that the holding cost will be about $0.21000000000000002 per seal per month (the dot is a decimal mark).

Because of the high holding costs, that manager proposes doing monthly batches in the amount of seals that will be required that month, according to the demand projection. "This will save us a lot of money in holding costs", she says.

What are the total costs (e.g. the sum of set-up costs and holding costs) of producing the gold seals using a fixed economic order quantity (FOQ) vs periodic order quantity (POQ)?

Mr. siri worked in a manufacturing Company for 15 years and retired on March 2018 at his age of 65 years. He was the Managing Director of that Company when he retired. Presently he works as a non-executive Director of a Small medium level public company. His duties are attending Audit committee meetings and other meetings with relation to accounting on monthly basis and receive an allowance of Rs. 250,000/- per month. A house which he owns is given on a monthly rent to a family and earns Rs. 100,000 per month. Before the retirement, Mr. Nimal has invested on Fixed Deposits of Rs. 50 million with one- year maturity. He received Rs. 3 million interest in February 2019. Further he had invested in quoted corporate shares and sold all the shares in December 2019. (Investment cost Rs. 2 million, Sales Proceeds – Rs. 3.5 million). Requirement:

(1) Discuss the tax implications of Mr. Nimal and advise him on his Income tax liability for the Y/A 2018/19. ( Hint: marks will be allocated to compute the Income tax liability ) Mr. sirui wants to convert his rental income operation in to a Limited liability company.

(2) Discuss the advantages and disadvantages of converting this rent income operation to a limited liability company in terms of taxation point of view. Mr. siri wants you to clarify the following-

(3) Where the year of assessment ending on 31st March 2019. What are the due dates of installment payments and return submission?

4) Can he consider any final WHT payment as a deduction in calculating the amount of income tax liability

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

1. During 2018, $250 million of equipment was purchased to replace $180 million of equipment (95% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $70 million, it was necessary for Red to borrow $70 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc. using the indirect method to report operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

Comparative balance sheets for 2018 and 2017, a statement of income for 2018, and additional information from the accounting records of Red, Inc., are provided below.

Additional information from the accounting records:

1. During 2018, $231 million of equipment was purchased to replace $180 million of equipment (90% depreciated) sold at book value.
2. In order to maintain the usual policy of paying cash dividends of $51 million, it was necessary for Red to borrow $51 million from its bank.

Required:
Prepare the statement of cash flows of Red, Inc. using the indirect method to report operating activities. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)