The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1200 and the standard deviation is $135.

What is the approximate percentage of buyers who paid between $1065 and $1335? ____%

What is the approximate percentage of buyers who paid between $930 and $1200? ___%

What is the approximate percentage of buyers who paid less than $795?____%

What is the approximate percentage of buyers who paid more than $1470? ____%

What is the approximate percentage of buyers who paid between $1065 and $1200? ____%

What is the approximate percentage of buyers who paid between $1200 and $1605? ____%

The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1600 and the standard deviation is $115.

What is the approximate percentage of buyers who paid between $1485 and $1715? ___%

What is the approximate percentage of buyers who paid between $1485 and $1600? ___%

What is the approximate percentage of buyers who paid more than $1830?___ %

What is the approximate percentage of buyers who paid more than $1945? ___%

What is the approximate percentage of buyers who paid between $1600 and $1830? __%

What is the approximate percentage of buyers who paid between $1600 and $1945? ___%

DP Plc is considering whether to purchase a piece of land close to a major city airport. The land
will be used to provide 600 car parking spaces. The cost of the land is K6,000,000 but further
expenditure of K2,000,000 will be required immediately to develop the land to provide access
roads and suitable surfacing for car parking. DP Plc is planning to operate the car park for five
years after which the land will be sold for K10,000,000 at Year 5 prices. A consultant has prepared
a report detailing projected revenues and costs.
Revenues
It is estimated that the car park will operate at 75% capacity during each year of the project. Car
parking charges will depend on the prices being charged by competitors. There is a 40% chance
that the price will be K60 per week, a 25% chance the price will be K50 per week and a 35%
chance the price will be K70 per week.
DP Plc expects that it will earn a contribution to sales ratio of 80%.
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Fixed Operating Costs
DP Plc will lease a number of vehicles to be used to transport passengers to and from the airport. It is expected that the lease costs will be K50,000 per annum.
Staff costs are estimated to be K350,000 per annum.
The company will hire a security system at a cost of K100,000 per annum.
Inflation
All of the values above, other than the amount for the sale of the land at the end of the five year period, have been expressed in terms of current prices. The vehicle leasing costs of K50,000 per annum will apply throughout the five years and is not subject to inflation.
Car parking charges and variable costs are expected to increase at a rate of 5% per annum starting in Year 1.
All fixed operating costs excluding the vehicle leasing costs are expected to increase at a rate of 4% per annum starting in Year 1.
Other Information
The company uses net present value based on the expected values of cash flow when evaluating projects of this type.
DP Ltd has a money cost of capital of 8% per annum.
DP’s Financial Director has provided the following taxation information:
(1) Tax depreciation (Capital allowances) is not available on either the initial cost of the land or the development costs.
(2) Taxation rate: 30% of taxable profits. Half of the tax is payable in the year in which it arises, the balance is payable in the following year.
All cash flows apart from the initial investment of K8,000,000 should be assumed to occur at the end of the year.
Required:
(a) Evaluate the project from a financial perspective. You should use net present value as the basis of your evaluation and show your workings in K’000. [14 Marks]
(b) Calculate the internal rate of return (IRR) of the project. [5 Marks]
The main reason why discounted cash flow methods of investment appraisal are considered theoretically superior is that they take account of the time value of money.
Required:
(c) Explain the THREE elements that determine the ‘time value of money’ and why it is important to take it into consideration when appraising investment projects. [6 Marks]
[TOTAL: 25 MARKS]

The sacrifice ratio is the

a. sum of the inflation and unemployment rates.
b. number of percentage points annual output falls for each percentage point reduction in inflation.
c. inflation rate divided by the unemployment rate.
d. number of percentage points unemployment rises for each percentage point reduction in inflation.

Since the end of the Great Recession, interest rates have been at historic lows—in some cases, close to zero. How is expansionary monetary policy, or more specifically a open market purchase, supposed to work? How do near-zero interest rates limit the ability of expansionary monetary policy to work?

Dodd Frank has become an important issue of public debate and there are new developments in the House of Representatives that could result in legislative challenges to Dodd Frank in the near future.

Outline some at least one criticism of Dodd Frank. Try to be as specific as you can. And if you have an opinion on the issue please express it.

38. In the first edition of An Essay on Population, Malthus based his description of the potential growth of the population on data (however tenuous) from ________.

a. New England

b. the region near the University where he taught in England

c. the parts of Africa he visited as an employee of the Royal African Company

d. China

Ethico-Legal Considerations in the Care of Older Adults

1. What is the republic act of senior citizen in the Philippines? Explain in detailed.

2. What are the rights of senior citizen in the Philippines set-up?

3. How can you help the older adult to alleviate depression?

4. What are the signs that death is near?

Superior HVAC Inc. (hereinafter “Superior”) builds heating and air conditioning units and sells them wholesale to construction contractors in Orange County California. It employs 40 employees with an average monthly payroll of $125,000. No employee earns more than $50,000 per year. Superior pays rent on their factory of $20,000 per month and utilities cost $3,000 per month. The COVID-19 has reduced sales by 75% but Superior has kept all employees on staff and is paying everyone for full time work even though there is not enough work to keep everyone busy. ISSUES: 1. Does Superior have to shut down it’s operations and make everyone stay at home due to California requirements?

Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and Website construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell access to the book for $46 each. Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand = 4000-6*p where p is the price of the e-book.

Build a spreadsheet model to calculate the profit/loss for a given price.

Use goal seek to compute the price that results in break even

Use a data table that varies price from $50 to $400 increment of $25 to find the price that maximizes profit.