Russell Preston delivers parts for several local auto parts stores. He charges clients 0.85 per mile driven. Russell has determined that if he drives 3,000 miles in a month, his average operating cost is $0.75 per mile. If he drives 5,000 miles in a month, his average operating cost is $0.55 per mile. Russell has used the high-low method to determine that his monthly cost equation is: total cost = $1,320.00 + $0.25 per mile.        

Required:
1. Determine how many miles Russell needs to drive to break even.



2. Assume Russell drove 2,600 miles last month. Without making any additional calculations, determine whether he earned a profit or a loss last month.

3. Determine how many miles Russell must drive to earn $1,500.00 in profit.

  

4-a. Prepare a contribution margin income statement assuming Russell drove 2,600 miles last month. (Enter your answers rounded to 2 decimal places.)

  

4-b. Use the above information to calculate Russell’s degree of operating leverage. (Round your answer to the 2 decimal places.)

Russell Preston delivers parts for several local auto parts stores. He charges clients 0.90 per mile driven. Russell has determined that if he drives 2,100 miles in a month, his average operating cost is $0.60 per mile. If he drives 3,100 miles in a month, his average operating cost is $0.50 per mile. Russell has used the high-low method to determine that his monthly cost equation is: total cost = $1,220.00 + $0.29 per mile.   

1. Determine how many miles Russell needs to drive to break even.

2. Assume Russell drove 2,500 miles last month. Without making any additional calculations, determine whether he earned a profit or a loss last month.

3.Determine how many miles Russell must drive to earn $2,135.00 in profit.

4. Prepare a contribution margin income statement assuming Russell drove 2,500 miles last month. (Enter your answers rounded to 2 decimal places.)

5. Use the above information to calculate Russell’s degree of operating leverage. (Round your answer to the 2 decimal places.)

Programming 3: Multi-Way Branching

Shipping Charges

The Fast Freight Shipping Company charges the following rates:

• Given the Weight of Package (in Kilograms), use the following Rate ($) per 500 Miles Shipped.

• 2 kg or less = $1.10 per 500 Miles Shipped

• Over 2 kg but not more than 6 kg = $2.20 per 500 Miles Shipped

• Over 6 kg but not more than 10 kg = $3.70 per 500 Miles Shipped

• Over 10 kg but not more than 20 kg = $4.80 per 500 Miles Shipped

Write a program that reads the weight of the package and the distance it is to be shipped, and then displays the charges to two decimal points.

• Input Validation:
• Do not accept values of 0 or less for the weight of the package.
  • Print "ILLEGAL WEIGHT: BELOW MINIMUM"
• Do not accept weights of more than 20 kg (this is the maximum weight the company will ship).
  • Print "ILLEGAL WEIGHT: ABOVE MAXIMUM"
• Do not accept distances of less than 10 miles or more than 3,000 miles. These are the company’s minimum and maximum shipping distances.
  • Print "ILLEGAL DISTANCE"

I got stuck here:

#include
using namespace std;

int main(){
int i=0,miles;
   double j,weight,cost,distance;

   cin>>weight;
      if(weight<=0){
         cout<< "ILLEGAL WEIGHT: BELOW MINIMUM" << endl;
      }
      else(weight>20){
         cout<< "ILLEGAL WEIGHT: ABOVE MAXIMUM" << endl;
      }
       

   cin>>distance;
      while(distance<10 || distance >3000){
         cout<< "ILLEGAL DISTANCE" << endl;
      }
   i=miles/500;
   j=miles%500;

   if(j>0){
       i=i+1;
   }
   if(weight<=2){
       cost=i*1.10;
   }
   else if(weight>2 && weight<=6){
       cost=i*2.20;
   }
   else if(weight>6 && weight<=10){
       cost=i*3.70;
   }
   else if(weight>10 && weight<=20){
       cost=i*4.80;
   }
   cout<<"Cost of Shipping: " << cost;
   return 0;
}

Random inputs are....

Input : -1 2000

Expected inputs are : ILLEGAL WEIGHT: BELOW MINIMUM

Input: 1 5000

Expected output : ILLEGAL DISTANCE

input: 2 2000

Expected output : 4.40 (<--| enter symbol)

Please revise and let me know what i did wrong.....

1. Since interest rate parity holds, then MNCs should advise their subsidiaries against investing any excess cash in a foreign country. Is this statement correct? Explain your answer.

2. In a developing country, would an increase in the interest rate always be followed with an appreciation of the country’s currency? Explain your answer.  

3. A U. S. firm plans to invest 75 percent of its excess cash in a one-year British pound (GBP) deposit and the remaining 25 percent in Indian rupees (INR). It is assumed that the spot rate changes for GBP and INR are independent. The possible percentage changes in the spot rate of the two currencies for the next year are forecasted as follows.

The annual interest rate on the GBP is 3%, the annual interest rate on the INR is 4%, and the annual interest rate in the U.S. is 6%. The

1. Calculate the possible effective yields of the overall portfolio.

2. Would you advise the U. S. company to invest its excess funds abroad or at home? Justify your answer considering that the MNC could place the excess funds in GBP deposit only, INR deposit only, in USD deposit only, and in the 75-25 portfolio of currency as calculated earlier) .

Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager’s portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4.

a-1. What was the manager’s return in the month? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

Consider the following information regarding the performance of a money manager in a recent month. The table represents the actual return of each sector of the manager’s portfolio in column 1, the fraction of the portfolio allocated to each sector in column 2, the benchmark or neutral sector allocations in column 3, and the returns of sector indices in column 4.

a-1. What was the manager’s return in the month? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

a-2. What was her overperformance or underperformance? (Do not round intermediate calculations. Input all amounts as positive values. Round your answer to 2 decimal places.)

b. What was the contribution of security selection to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

c. What was the contribution of asset allocation to relative performance? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.)

Download the dataset returns.xlsx. This dataset records 83 consecutive monthly returns on the stock of Philip Morris (MO) and on Standard & Poor’s 500 stock index, measured in percent. Investors might be interested to know if the return on MO stock is influenced by the movement of the S&P 500 index. Please be aware that return is defined as new price − old price old price × 100%, so it is always reported as a percentage.

1. What is the response and explanatory variable for this dataset?

2. Create a scatterplot between the two variables and describe the form, direction, and strength of the linear relationship between the two variables.

3. Create a residual plot (residuals on y-axis, explanatory variable on x-axis).

4. Based on your answers to parts 2 and 3, are the assumptions for the regression model met? Address the linearity and constant variance assumptions.

5. Verify the values of the following: the sample means of the monthly returns of MO stocks and S&P stocks are 1.8783 and 1.3036 respectively; the sample standard deviations of the monthly returns of MO stocks and S&P stocks are 7.5539 and 3.3915 respectively.

Which of the following mixtures will be a buffer when dissolved in a liter of water?

A trainer wishes to find out if there is a relationship between the number of miles walked per week and the weight of a person. The data for the sample are shown:

Miles Walked, x: 15 20 3 12 17 8

Weight (lbs.), y: 147 106 210 160 122 165

a) Compute the value of the correlation coefficient.

b) Find the equation of the regression line.

c) Find y’ (the weight) when x = 11. (Someone walks 11 miles).

An auto maker claims that the mean gas mileage of its luxury sedan is at least 25 miles per gallon. A random sample of 36 such cars were tested and resulted in a sample mean of 24.2 miles per gallon and a sample standard deviation of 2.8 miles per gallon. At α = 0.05, is there sufficient evidence to reject the auto maker’s claim?

Claim:

H0:

H1:

Test Statistic:

Critical Region/Critical Value:

Decision about H0: