The stocks included in the S and P 500 are those of large publicity held companies that trade on either the New York Stock exchange or the NASDAQ. In 2008, the Sand P 500 was down 38.5%, but what about financial compensation (salary, bonuses, stock options, etc.) to the 500 CEOs that run the companies? To learn more about the mean CEO compensation, an alphabetical list of the 500 companies was obtained and ordered from 1 (3M) to 500 (Zions Bancorp). Next, the random number table was used to select a random number from 1 to 50. The number was selected was 10. then, the companies numbered 10,60,110,160,210,260,310,360,410 and 460 were investigated and the total CEO compensation recorded. The data stored in are as follows:

Number Company Compensation

10 Alfac 10,783,232

60 Big Lota 9,862, 262

110 Comerica 4,108,245

160 EMC 13,874, 262

210 Harley Davidson 6,048,027

260 Kohl's 11,638,049

310 Molson Coors Brewing 5,558,499

360 Pfizer 6,629,955

410 Sigma Aldrich 3,983,596

460 United Parcel Service 5,168, 664

a). Construct a 95% confidence interval estimate for the mean 2008 compensation for CEOs of s and p 500 companies

b). Construct a 99% confidence interval estimate for the mean 2008 compensation for CEOs of s and p 500 companies'

c). comment on the effect that changing the level of confidence had on your answers in a) and b).

C PROGRAM

Problem Specification:

You are a software engineer of a Car Sale company. And Car Sales is preparing for the end of the year sale. CEO wants to track the sales of your four sales people. You have been asked to help with the preparations for the sales event.

The CEO asked for a program to quickly tabulate their sale. It will be your job to implement this program in C. You are not required to use functions in this lab. Your program will need to perform the following tasks to receive full credit for this assignment:

Read a list of final sales of each sales person into a one-dimensional array.

• Calculate the percentage of each sales person of the total sales.
• Print each individual sales percentage.
• Print the total sales
• The array will be of type double.
• Sales will be printed 2 decimal places and the percentage listed with 1 decimal place showing.

Testing:

Try this set of sales, for your test run. $182,550.92        $239,557.34      $98,278.88        $ 411,642.47

Input:

Enter the sales for Sales Person 1: 182550.92

Enter the sales for Sales Person 2: 239557.34

Enter the sales for Sales Person 3: 98278.88

Enter the sales for Sales Person 4: 411642.47

Output:

Sales Person Percentage of Sale

Sales Person 1: 19.6%

Sales Person 2: 25.7%

Sales Person 3: 10.5%

Sales Person 4: 44.2%

Total Sales for Event: $932029.61

42–3. Insider Trading.

Scott Ginsburg was chief executive officer (CEO) of Evergreen Media

Corp., which owned and operated radio stations. In 1996, Evergreen became interested in

acquiring EZ Communications, Inc., which also owned radio stations. To initiate negotiations,

Ginsburg met with EZ’s CEO, Alan Box, on Friday, July 12. Two days later, Scott phoned his

brother Mark, who, on Monday, bought 3,800 shares of EZ stock. Mark discussed the deal with

their father Jordan, who bought 20,000 EZ shares on Thursday. On July 25, the day before the

EZ bid was due, Scott phoned his parents’ home, and Mark bought another 3,200 EZ shares.

The same routine was followed over the next few days, with Scott periodically phoning Mark or

Jordan, both of whom continued to buy EZ shares. Evergreen’s bid was refused, but on August

5, EZ announced its merger with another company. The price of EZ stock rose 30 percent,

increasing the value of Mark and Jordan’s shares by $664,024 and $412,875, respectively. The

Securities and Exchange Commission (SEC) filed a civil suit in a federal district court against

Scott. What was the most likely allegation? What is required to impose sanctions for this

offense? Should the court hold Scott liable? Why or why not? [

SEC v. Ginsburg,

362 F.3d 1292

(11th Cir. 2004)]

An automobile insurance company claimed that, because of the Covid-19 pandemic, resulting in less automobile driving, they have reduced the monthly premiums that they charged per automobile by more than $60 per month on average. To test this claim, a random sample of 25 automobile policies were allowed to be looked at. This random sample compared the monthly premiums in June, 2020, with the monthly payment before the pandemic (February, 2020) and it was calculated that the monthly premium in June dropped by an average of $63 and that the standard deviation in this this drop in premiums was calculated to be $10.00. At the .01 level of significance, is there sufficient evidence that the insurance company’s claim is true? In answering this question, complete the following in the spaces provided (including diagrams):

Hypotheses

Test statistic

Decision rule

p-value

Conclusion

An automobile insurance company claimed that, because of the Covid-19 pandemic, resulting in less automobile driving, they have reduced the monthly premiums that they charged per automobile by at least $50 per month on average. To test this claim, a random sample of 22 automobile policies were allowed to be looked at. This random sample compared the monthly premiums in June, 2020, with the monthly payment before the pandemic (February, 2020) and it was calculated that the monthly premium in June dropped by an average of $44 and that the standard deviation in this this drop in premiums was calculated to be $12.00. At the .05 level of significance, is there sufficient evidence that the insurance company’s claim is false? In answering this question, complete the following in the spaces provided (including diagrams):

Please provide hypothesis, test staistic, decision rule, p-value, and conclusion.

Marin Steel Company, as lessee, signed a lease agreement for equipment for 5 years, beginning December 31, 2020. Annual rental payments of $46,000 are to be made at the beginning of each lease year (December 31). The interest rate used by the lessor in setting the payment schedule is 7%; Marin’s incremental borrowing rate is 9%. Marin is unaware of the rate being used by the lessor. At the end of the lease, Marin has the option to buy the equipment for $5,000, considerably below its estimated fair value at that time. The equipment has an estimated useful life of 7 years, with no salvage value. Marin uses the straight-line method of depreciation on similar owned equipment. Prepare the journal entries, that Marin should record on December 31, 2020.

The All-Star company borrows funds of USD 1,000,000, with an interest of 5% from Bank of America and has been withdrawn on 15 January 2019.

The loan has a tenor of 1 year. When withdrawing USD/IDR Rp 14,250,-. Currently available Call Options for USD for 365 days tenor are as follows:

Premium 2.5% Strike USD/IDR 16,000, - as of 14 January 2020 If on January 14, 2020, the USD/IDR exchange rate is Rp 15,000,-

A. What is the total cost borne by All-Star on loans from Bank of America?

B. Does All-Star exercise against the Option Call purchased on January 15, 2019?

C. Draw in graphical form for this pay-off Option Call

On January 1, 2020, Digital, Inc. leased heavy machinery from Young Leasing
Company. The terms of the lease require annual payments of $25,000 for 20
years beginning on December 31, 2020. The interest rate on the lease is 10%.
Assume the lease qualifies as a capital lease and Digital, Inc. employs the
double-declining balance method to depreciate its assets. 

Calculate the book value of the leased asset at December 31, 2022.

Use the time value of money factors posted in carmen to answer this question.
To access these factors, click modules and then scroll to week 12. Click on
the link labeled present & future value table factors. No credit will be
awarded for this question using a means other than these table factors to
answer this question.

OGOYA Ltd is a fast-growing company in need of new financing to fund its expansion plans. It is hoping to raise $10 million dollars from a debt issuance. It is considering the following options:

A Issue 2-year 8% debentures at par on January 1, 2019. Interest payments are made annually at the end of each year. The debenture matures on December 31, 2020.

B Issue 2-year 4% convertible debentures at par on January 1, 2019. The debentures can be converted into 10 million $1 shares at maturity on December 31, 2020. Interest payments are made annually at the end of each year. Without the conversion feature, the debenture would be priced the same as option A.

Question What's the journal entries of A and B