Questions
19. FHSU wants to know if their students tend to drink more coffee than the national...

19. FHSU wants to know if their students tend to drink more coffee than the national average. They ask a random sample of 75 students how many cups of coffee they drink each day and find the average to be 3.8 cups with a standard deviation of 1.5 20. Redo #19, only this time assume the value 1.5 is the population standard deviation. Then, state this interval below within an interpretive sentence tied to the given context. Please explain 20

In: Statistics and Probability

Listed below are student evaluation ratings of​ courses, where a rating of 5 is for​ "excellent."...

Listed below are student evaluation ratings of​ courses, where a rating of 5 is for​ "excellent." The ratings were obtained at one university in a state. Construct a confidence interval using a 99% confidence level. What does the confidence interval tell about the population of all college students in the​ state?

3.8, 3.0, 4.0, 4.7, 2.9, 4.1, 3.4, 5.0, 4.8, 3.9, 4.2, 4.0, 3.4, 4.2, 3.6

What is the confidence interval for the population mean muμ​?

In: Statistics and Probability

Listed below are student evaluation ratings of​ courses, where a rating of 5 is for​ "excellent."...

Listed below are student evaluation ratings of​ courses, where a rating of 5 is for​ "excellent." The ratings were obtained at one university in a state. Construct a confidence interval using a 98​% confidence level. What does the confidence interval tell about the population of all college students in the​ state? 3.5​, 3.0​, 4.3​, 4.8​, 3.1​, 4.1​, 3.4​, 4.5​, 4.8​, 4.5​, 4.3​, 3.8​, 3.1​, 4.2​, 3.7

What is the confidence interval for the population mean μ​?

In: Statistics and Probability

Here is a bivariate data set. x y 27.2 91.8 19 117 19.5 82.6 25.9 192.3...

Here is a bivariate data set.

x y
27.2 91.8
19 117
19.5 82.6
25.9 192.3
47.7 95.2
15.7 18.6
4.6 34.7
24.1 34.3
24.7 -39
22.4 29.2
52.7 39.1
7.6 81.3
28.2 131.4
16.8 -42.6
25.4 70.6
24.9 65.9
11.1 5.7
5.7 -74.3
28.7 -20.3
-3.8 54.4



Find the correlation coefficient and report it accurate to three decimal places.
r =

In: Statistics and Probability

The U.S. Census Bureau reported the following unemployment rates (y) associated with the given number of...

The U.S. Census Bureau reported the following unemployment rates (y) associated with the given number of years of education (x).

Years of Education Unemployment Rate
5.0 16.8
7.5 17.1
8.0 15.3
10.0 20.6
12.0 11.7
14.0 8.1
16.0 3.8

1. Find the 95% prediction interval for 8 years of education. Round the endpoints to two decimal places.

a. (8.10, 22.50)

b. (11.7,18.9)

c. (9.07, 23.47)

d. (12.67, 19.87)

In: Statistics and Probability

You have $100,000 to invest in either Stock D, Stock F, or a risk-free asset. You...

You have $100,000 to invest in either Stock D, Stock F, or a risk-free asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of 11.4 percent. If D has an expected return of 13.6 percent, F has an expected return of 9.7 percent, the risk-free rate is 3.8 percent, and you invest $50,000 in Stock D, how much will you invest in Stock F?

In: Finance

The following information is available for Lock-Tite Company, which produces special-order security products and uses a...


The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system.

April 30 May 31
Inventories
Raw materials $ 25,000 $ 53,000
Work in process 9,700 20,300
Finished goods 58,000 35,000
Activities and information for May
Raw materials purchases (paid with cash) 184,000
Factory payroll (paid with cash) 250,000
Factory overhead
Indirect materials 17,000
Indirect labor 57,500
Other overhead costs 110,000
Sales (received in cash) 1,400,000
Predetermined overhead rate based on direct labor cost 55 %

Compute the following amounts for the month of May using T-accounts.

  1. Cost of direct materials used.
  2. Cost of direct labor used.
  3. Cost of goods manufactured.
  4. Cost of goods sold.*
  5. Gross profit.
  6. Overapplied or underapplied overhead.

  
*Do not consider any underapplied or overapplied overhead.

got most of it wrong and need it fixed to do my next assignment


In: Accounting

Circle the correct answer symbol 1. installment sales for 2018 is $600,000 and cost of goods...

Circle the correct answer symbol

1. installment sales for 2018 is $600,000 and cost of goods sold $300,000 while the installment sales in 2019 is $1,000,000 and cost of goods sold $800,000, cash collection from 2018 sales was $400,000 in 2018 and $200,000 in 2019, cash collection from 2019 sales was $500,000 in 2019 and $500,000 in 2020, using installment sales method compute gross profit rate for two years sales?

a.

2018 is 50% and 2019 is 20%.

b.

2018 is 20% and 2019 is 50%.

c.

2018 is 50% and 2019 is 50%.

d.

2018 is 20% and2019 is 20%.

2. Imar Construction company signed a contract to build new bridge at a contract price of $5,000,000 and total estimated cost of $4,000,000 the project will be completed within 4 years, the cost incurred to date for each period is, first year $1,000,000- second year $2,500,000- third year $3,200,000 and fourth year $4,100,000 while the estimasted cost to,complete the project for each each period is, first year $3,000,000- second year $1,700,000- third year $1,000,000 and fourth year is $0, based on above question and using Cost recover method, what is the gross profit recognized in second year?

a.

$226,190.

b.

$476,190.

c.

$250,000.

d.

0

3. installment sales for 2018 is $600,000 and cost of goods sold $300,000 while the installment sales in 2019 is $1,000,000 and cost of goods sold $800,000, cash collection from 2018 sales was $400,000 in 2018 and $200,000 in 2019, cash collection from 2019 sales was $500,000 in 2019 and $500,000 in 2020, using cost recovery method compute gross profit realized in 2018?

a.

$100,000.

b.

$300,000.

c.

$150,000.

d.

$200,000.

4. estimated cost of $4,000,000 the project will be completed within 4 years, the cost incurred to date for each period is, first year $1,000,000- second year $2,500,000- third year $3,200,000 and fourth year $4,100,000 while the estimasted cost to, complete the project for each each period is, first year $3,000,000- second year $1,700,000- third year $1,000,000 and fourth year is $0, based on above question and using percentage of completion method, what is the required journal entry in first year?

a.

Debit Construction Expense $3,0000,000, debit construction in process $1,000,000, credit construction revenue $5,000,000.

b.

Debit Construction Expense $1,0000,000, debit Unralized GP $250,000, credit construction revenue $1,250,000.

c.

Debit Construction Expense $1,0000,000, debit construction in process $250,000, credit construction revenue $1,250,000.

d.

Debit Construction Expense $3,0000,000, debit construction in process $900,000, credit construction revenue $5,000,000.

5. installment sales for 2018 is $600,000 and cost of goods sold $300,000 while the installment sales in 2019 is $1,000,000 and cost of goods sold $800,000,cash collection from 2018 sales was $400,000 in 2018 and $200,000 in 2019,cash collection from 2019 sales was $500,000 in 2019 and $500,000 in 2020, using cost recovery method compute unrealized gross profit in 2019?

a.

$150,000.

b.

$200,000.

c.

$300,000.

d.

$100,

In: Accounting

Between about December 2007 and June 2009, the United States was considered to be in a...

Between about December 2007 and June 2009, the United States was considered to be in a recession. The U.S. Gross Domestic Product fell approximately 3% from the third quarter of 2008 to the third quarter of 2009. Also, during December 2007 and June 2009, the Standard and Poor’s 500 index dropped by 38% and the unemployment rate climbed from 5% to 9.5%.

The macroeconomic situation affected almost all companies since higher unemployment affected personal consumption, which dropped from 10,140.3 Billion Dollars in Aug 2008 to 9,807 Billion Dollars in June 2009, a drop of 3.8 percent.

Starbucks is one of the companies affected by the December 2007 recession. The following table shows several ratios for Starbucks corresponding to the years 2006, 2007, and 2008. Use a stock price of 10.9 dollars per share for the year 2009.

Year

2006

2007

2008

2009

ROE

0.253

0.294

0.127

ROA

0.106

0.126

0.056

ROIC

0.207

0.250

0.121

Asset Turnover

1.758

1.761

1.830

Op. Profit Margin

0.115

0.746

0.048

Long Term Debt Ratio

0.0009

0.241

0.221

D/E Ratio

0.987

1.340

1.277

Current Ratio

0.970

0.787

0.798

Quick Ratio

0.462

0.466

0.482

Payout Ratio

0.000

0.000

0.000

Plowback Ratio

1.000

1.000

1.000

Market to Book Ratio

6.088

3.099

1.374

Stock Price Used for Mark/Book

17.71

9.450

4.68

By using the financial statements provided, calculate the ratios presented in the table for the year 2009 and answer the following questions:

a-       Were sales per dollar of assets impacted by the recession?

b-      which ratio shows the impact of the recession on sales per dollar of assets?

c-       Did the company operating profit margin increased, decreased, or was the same, between the years 2007 and 2009?

d-      Did the mix of debt and equity changed for Starbucks between the years 2007 and 2009?

e-      In what ratio can you see the change in the mix of debt and equity reflected?

f-        Did the value added by management, reflected in market to book ratio, increased or decreased between the years 2007 and 2009?

g-       Did the quick ratio increase or decrease between the years 2007 and 2009?

h-      Explain why you expect the quick ratio to increase or decrease during a recession?

i-        Use the ratios for the years 2007 and 2009 to explain if, in your view, Starbucks is in a better or worse situation in the year 2009 due to the recession.

j-        What areas should Starbucks improve for the years 2010 onwards, if any?

In: Accounting

You have successfully started and operated a company for thepast 10 years. You have decided...

You have successfully started and operated a company for the past 10 years. You have decided that it is time to sell your company and spend time on the beaches of Hawaii. A potential buyer is interested in your company, but he does not have the necessary capital to pay you a lump sum. Instead, he has offered $500,000 today and annuity payments for the balance. The first payment will be for $320,000 in three months. The payments will increase at 1.8 percent per quarter and a total of 25 quarterly payments will be made.


 

If you require an EAR of 12 percent, how much are you being offered for your company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

In: Finance