Problem 4-21 Future Value

As part of a competitive analysis, your group has just completed a small survey of (what you hope and assume are) randomly selected individuals from the population of potential customers you would like to learn about. You are particularly interested in their engagement with competitors, as this might represent a business opportunity for your firm. Results include reported time spent during the past week using competitors’ products as listed here in minutes:

              Time

                  70

                  94

                  10

                182

                100

                130

                    0

                160

                190

                  50

                270

                  93

                  10

a.   Find the average and the standard error of the average. Interpret this standard error.

b.   Find the 95% confidence interval for the population mean time.

c.   The marketing group has concluded that this population would be worth pursuing more actively if engagement with competitors’ products in the population exceeds 30 minutes per week on average. Please report the results of the relevant two-sided test as indicated:

                              Significant?

d.   If your result in part c is significant, please state the one-sided conclusion to a significant two-sided test using numbers for the sample average and for the reference value. Otherwise (if not significant) please state the conclusion by indicating which hypothesis was accepted.

Your company owns a piece of manufacturing equipment that requires a lot of maintenance. You estimate that the maintenance costs will be​ $750 next year​ (Year 1), and will increase by​ $250 each year until Year​ 8, at which point you will discard the equipment​ (after paying the maintenance costs for that year​ - there is a cash flow in Year​ 8). You want to know how much money you should put aside now to pay for this maintenance​ (the present value of the cash flows at Year​ 0), assuming an interest rate of​ 5% per year.

a. To solve for the present value in Year​ 0, you need to split the cash flows into two pieces. What are these​ pieces?

b. How much money do you need to put aside now to pay for the​ maintenance?

c. If you converted the maintenance costs into an equivalent uniform annual cost​ (an annuity) over the 8​ years, what would that annual cost​ be?

a. To solve for the present value in Year​ 0, you need to split the cash flows into two pieces. What are these​ pieces?

Piece​ 1:

A.

An annuity of​ $750 for 8 years

B.

An annuity of​ $500 for 8 years

C.

An annuity of​ $750 for 7 years

D.

An annuity of​ $700 for 7 years

Piece​ 2:

A.

A uniform gradient of​ $250 for 7 years

B.

A uniform gradient of​ $750 for 8 years

C.

A uniform gradient of​ $750 for 7 years

D.

A uniform gradient of​ $250 for 8 years

The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just completed at the year Sales ................................................................................ Purchases of raw materials ............................................. Direct labor ..................................................................... Manufacturing overhead ................................................. Administrative expenses ................................................. Selling expenses.............................................................. ended of 31 March 2018 $870 $190 $200 $230 $150 $140 Raw material Work in process Finished goods Required: Inventory at Inventory at 31.3.2017 31.3.2018 $$ 10 40 20 50 90 130 a. Prepare a Schedule of Cost of Goods Manufactured in b. Compute the Cost of Goods Sold. c. Using data from your answers above as needed, prepare an Income Statement in good form

71) Prior to closing the accounts at the end of the most recent fiscal year, the Town of Sonora reports the following amounts (in thousands):

Required:

Applying the criteria specified in GASB 34, determine which of the above funds should be classified as major funds for reporting purposes.

Problem 14-8 Calculating Cost of Debt [LO2]

a) total book value?

b) total market value?

c) cost of debt?

please help

Teddy Bridge has invented a new phone called Enola, and trademarked it. They intend on investing in marketing and warehouses for a total of $2 million. If there is a good market acceptance (65% chance), cash flows would be $420,000/yr starting in Yr. 1 and will last 8 years. If there is no good acceptance (35%), cash flows will be $75000 per year and last only two years. Calculate: ENPV of project and the standard deviation of the projects NPV. Discount rate: 10%.

A company that specializes in language tutoring lists the following information concerning its English-speaking employees: 23 employees speak German; 27 speak French; 33 speak Spanish; 45 speak Spanish or French; 38 speak French or German; 48 speak German or Spanish; 8 speak Spanish, French, and German; and 7 speak English only. (Round your answer to one decimal place.)

(a) What percent of the employees speak at least one language other than English?


(b) What percent of the employees speak at least two languages other than English?

5. Can individuals evolve over the course of their lifetimes? What is the smallest unit of evolution?

6. Individuals in most populations are not clones – they all look and function differently from one another. What is the ultimate source of new alleles that allow for this variation?

7. What four processes are responsible for genetic change in populations (microevolution)? Which one of these processes always leads to a population becoming more adapted to its specific environment?

8. What is genetic drift? Briefly describe the two types of genetic drift.

Please type here the answer and write in easy words, thanks