10.The distribution of vehicles sales in the United States in the year 2000 was the following:

Type of car Small Midsize Large Luxury

% 32.8 44.8 9.4 3.0

A simple random sample of 500 vehicles sales was taken this year and the Distribution is as follow:

Type of car Small Midsize Large Luxury

% 133 249 47 71

At the 5% significant level, do the data provides sufficient evidence to conclude that the distribution of vehicle sales this year has changed from the 2000 distribution?

The mean investment that employees put into their companies 401K per year is $10,000 with a standard deviation of $500. Assuming the investments follow a normal distribution, determine the following.

a. What proportion of employees put between $9,500 and $11,000 into the 401K per year.

b. What proportion of employees put more than $11,500 into the 401K per year?

c. What proportion of employees put less than $11,000 into the 401K per year?

d. What proportion of employees put more than $9000 into the 401K per year?

e. What proportion of employees put between $11,000 and $11,500 into the 401K per Year?

(a) Green Group reviews an invest opportunity in Australia. This is a two-year project and is expected to generate A$ 1,000,000 in the first year and A$ 2,000,000 in the second year. The group would have to invest US$ 1,500,000 in the project. The project’s cost of capital is 14% which is the same as the similar projects for Green Group. What is the net present value (NPV) of this project if the spot rate of the Australian dollar for the two years is forecasted to be $0.55 and $0.60, respectively?

(b) Green Group needs funding to finance the project in Australia. Comparing with other long-term financing means, the foreign currency bonds usually have lower yields. To determine the financing cost of the bond, suggest and describe any appropriate procedures

Alda Inc. had assets of $255,000 and liabilities of $127,000 at the beginning of the year. During the year, revenues were $143,000 and expenses were $91,000. Also, during the year the business paid the owners a dividend of $5,000 and assets increased by $21,000.

What were Alda's total liabilities at the end of the year?

The average cost of a traffic fine is $600 this year. It's claimed that the amount has increased. Data collected from a simple random sample of 86 people that have been fined since January, showed that the mean amount was $720. With a standard deviation of $31.75, is there enough evidence to support the claim?

a) state null and alternative hypothesis and state the claim

b) Find the standardized test statistic. Show complete formula

c) Calculate p-value. Is the null hypothesis rejected? Why?

d) Interpret the decision.

On July 24 of the current year, Sam Smith was involved in an accident with his business use automobile. Sam had purchased the car for $30,000. The automobile had a fair market value of $20,000 before the accident and $8,000 immediately after the accident. Sam has taken $20,000 of depreciation on the car. The car is insured for the fair market value of any loss. Because of Sam's history, he is afraid that if he submits a claim, his policy will be canceled. Therefore, he is considering not filing a claim. Sam believes that the tax loss deduction will help mitigate the loss of the insurance reimbursement. Sam's current marginal tax rate is 35%. Write a letter to Sam that contains your advice with respect to the tax and cashflow consequences of filing versus not filing a claim for the insurance reimbursement for the damage to his car. Also prepare a memo for the tax files. Sam's address is 450 Colonel's Way, Warrensburg, MO 64093.

Net income for the company for the year was $300,000, and 100,000 shares of common stock were outstanding during the year. The income tax rate is 30%. For each of the following potentially dilutive securities, perform the shortcut antidilution test to determine whether the security is dilutive. Assume that each of the securities was issued on or before January 1. Treat each security independently; in other words, when testing one security, assume that the others do not exist.      (10)
1. 10,000 convertible preferred shares (cumulative, 5%, $100 par). Each preferred share is convertible into three shares of common stock.
2. 500 convertible bonds ($1,000 face value, 10%). Each bond is convertible into 25 shares of common stock.
3. 20,000 convertible preferred shares (cumulative, 10%, $50 par). Each preferred share is convertible into two shares of common stock.
4. 2,000 convertible bonds ($1,000 face value, 8%). Each bond is convertible into 15 shares of common stock.
(b) Is It Possible For A Company To Have Positive Cash Flow But Still Be In Serious Financial Trouble?

Conceptually, some argue that under‐ or overapplied overhead at the end of the year should be allocated among ending work in process, finished goods, and cost of goods sold. If the over or underapplied overhead is material, explain why this allocation approach would be preferable.

I have this question and I really don't understand it.. can anyone explain to me?

An income statement for Iyekqv603 Corp. for the first quarter of the year is presented below:

On average, a book sells for $65. Variable selling expenses are $6 per book with the remaining selling expenses being fixed. The variable administrative expenses are 5% of sales with the remainder being fixed.

The contribution margin for Iyekqv603 Corp. for the first quarter is:

Multiple Choice

• $135,500

• $181,000

• $780,500

• $774,500

Cerezo Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Data for one of the company's products follow:

How much overhead cost would be assigned to Product Q79P using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

• $130.62

• $51,594.90

• $6,109.07

• $9,765.04

Socrates Corporation produces and sells a single product. Data concerning that product appear below:

The company is currently selling 6,400 units per month. Fixed expenses are $214,000 per month. The marketing manager believes that a $5,600 increase in the monthly advertising budget would result in a 150 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change?

rev: 03_09_2018_QC_CS-121313, 02_13_2019_QC_CS-158424

Multiple Choice

• decrease of $5,600

• increase of $3,400

• decrease of $3,400

• increase of $9,000

Suppose that the GDP of the country of Zambia is growing at 1% each year. Also suppose that Zambia has a constant velocity of money and it decides to print money at a much faster rate increasing its money supply by 20%. Using the quantity theory of money, what happens to the price level in Zambia as a result of the printing of money? In other words, will they have inflation? If so, how much? Explain.