The probability that a randomly selected individual in a certain Community has made an online purchase a 0.39 suppose that a sample of 10 people from the community is selected. What is the probability that at most three of them has made an online purchase?
In: Statistics and Probability
40 numbers are rounded off to the nearest integer and then summed. If the individual round-off error are uniformly distributed over (−.5,.5) what is the probability that the resultant sum differs from the exact sum by more than 2 ?
In: Math
African Americans, Hispanics, American Indians and people from India, Bangladesh, Sri Lanka and Pakistan have a higher risk of Chronic Kidney Disease. Why is this? What are the effects of Chronic Kidney Disease on the quality of life of an individual?
In: Anatomy and Physiology
1.I recently asked 100 middle school students to complete a statistics test. The mean score on the test was 30 points with a standard deviation of 5 points. The scores followed a normal distributions. Using this information, calculate the following:
a. What is the probability a student earned a score of 45 points or less? P (score < 45 points) =
b. What is the probability a student earned a score higher than 30 points? P(score > 30) =
c. What is the probability a student earned a score between 25 and 45 points? P (25 points < score < 45 points) =
d. I want to know the cutoff value for the upper 10%. What score separates the lower 90% of scores from the upper 10%? P (score < _______) = 90% or 0.90 cumulative area to the left
e. I want to know the cutoff values for the lowest 25%. P (score < ________) = 25% or 0.25 cumulative area to the left
f. I would also like to know the cut off values for the highest 25%. P (score > _______) = 25% or 0.25 cumulative area to the right
In: Statistics and Probability
Problem 7-10
Child and Dependent Care Credit (LO 7.3)
Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year.
If her adjusted gross income (all from wages) for the year is $19,600 and she takes the standard deduction, calculate Clarita’s earned income credit and child and dependent care credit for 2019. Click here to view the Earned Income Credit table.
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In: Accounting
Consider two countries, Home and Foreign, trading two goods, Rice and Car. The Home country is endowed with abundant capital relative to labor and hence has comparative advantage to specialize in Cars; whereas the Foreign country is endowed with abundant labor and specializes in Rice. Once they start trading, the price of car decreases, and the price of rice increases in the Foreign country. How would the decrease in the price of car affect the income of each of the following factors under each trade model in the Foreign country?
a. Ricardo Trade model i. Real wage earned by labor
b. The Specific-factors trade model i. Rental rate of capital ii. Rental rate of land iii. Real wage earned by labor
c. The Heckscher- Ohlin (H.O.) Trade model i. Rental rate of capital ii. Real wage earned by labor
d. Is there a gain from trade for the foreign country under the H.O. Model? Explain (you may use a graph to illustrate your answer)
Need Answer ASAP please!!!! I pay for this app for this reason!
In: Economics
Having a difficult time writing this code up. ( JAVA based ) Will Copy and paste the whole solution I was left with. Thank you in advance !
Lab 5 – Class Statistics
Write a program which will uses the file Lab5Data.txt containing student names and the points they had earned at the end of the class. The program should use one or more arrays to create a report with the following information:
-A table containing the student name, total points they earned and the letter grade that would be given.
-The student with the highest score and the average points earned and average letter grade given
You may use single single dimension arrays, multi-dimension arrays or both.
Capture screen output of your report and save as GradeReport.txt
(Optionally, you may add code to create this file using java; see note below)
Name your program Grade.java. Upload files Grade.java, and GradeReport.txt to Canvas.
Note: the data files mentioned downloaded from the Canvas files area.
Refer to the files TipsForLab5.pdf, ReadData.txt, WriteData.txt for additional information that may be usefull in completing this lab.
In: Computer Science
3.2 You put $1000 in a savings account at 10% annually compounded interest.
a. How much could you take out each year and still keep the original $1000 in the account? Complete the table below to support your conclusion.
|
Year |
Beginning balance |
Interest earned (10%) |
Withdrawal |
Ending balance |
|
1 |
$1000 |
$1000 |
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|
2 |
1000 |
1000 |
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|
3 |
1000 |
1000 |
||
|
4 |
1000 |
1000 |
b. If you left half of the interest earnings in the account, at what rate would the balance grow from year to year? Complete the table to show your calculations.
|
Year |
Beginning balance |
Interest earned (10%) |
Withdrawal (50% of interest) |
Ending balance |
|
1 |
1000 |
|||
|
2 |
||||
|
3 |
||||
|
4 |
||||
|
Annual growth rate = |
% |
c. If you took out 80% of the interest earnings in the account, at what rate would the balance grow each year? Complete the table to show calculations.
|
Year |
Beginning balance |
Interest earned (10%) |
Withdrawal (80% of interest) |
Ending balance |
|
1 |
1000 |
|||
|
2 |
||||
|
3 |
||||
|
4 |
||||
|
Annual growth rate = |
% |
In: Finance
Compute and Interpret Liquidity, Solvency and Coverage Ratios
Information from the balance sheet, income statement, and statement of cash flows for Nike follows. Refer to these financial statements to answer the requirements.
| NIKE, INC. Consolidated Statements of Income |
|||
|---|---|---|---|
| Year Ended December 31 (In millions) | 2019 | 2018 | |
| Revenues | $39,117 | $36,397 | |
| Cost of sales | 21,643 | 20,441 | |
| Gross profit | 17,474 | 15,956 | |
| Demand creation expense | 3,753 | 3,577 | |
| Operating overhead expense | 8,949 | 7,934 | |
| Total selling and administrative expense | 12,702 | 11,511 | |
| Interest expense (income), net | 49 | 54 | |
| Other (income) expense, net | (78) | 66 | |
| Income before income taxes | 4,801 | 4,325 | |
| Income tax expense | 772 | 2,392 | |
| Net income | $ 4,029 | $ 1,933 | |
| Consolidated Balance Sheets | ||
|---|---|---|
| May 31 (in millions) | 2019 | 2018 |
| Current Assets | ||
| Cash and cash equivalents | $ 4,466 | $ 4,249 |
| Short-term investments | 197 | 996 |
| Accounts receivable, net. | 4,272 | 3,498 |
| Inventories | 5,622 | 5,261 |
| Prepaid expenses and other current assets | 1,968 | 1,130 |
| Total current assets | 16,525 | 15,134 |
| Property, plant and equipment, net | 4,744 | 4,454 |
| Identifiable intangible assets, net | 283 | 285 |
| Goodwill | 154 | 154 |
| Deferred income taxes | 2,011 | 2,509 |
| Total assets | $23,717 | $22,536 |
| Liabilities and stockholders' equity | ||
| Current Liabilities | ||
| Current portion of long-term debt | $6 | $6 |
| Notes payable | 9 | 336 |
| Accounts payable | 2,612 | 2,279 |
| Accrued pension liabilities | 5,010 | 3,269 |
| Income taxes payable | 229 | 150 |
| Total current liabilities | 7,866 | 6,040 |
| Long-term debt | 3,464 | 3,468 |
| Deferred income taxes and other liabilities | 3,347 | 3,216 |
| Shareholders’ equity | ||
| Class A convertible—315 and 329 shares outstanding | -- | -- |
| Class B—1,253 and 1,272 shares outstanding | 3 | 3 |
| Capital in excess of stated value | 7,163 | 6,384 |
| Accumulated other comprehensive income (loss) | 231 | (92) |
| Retained earnings | 1,643 | 3,517 |
| Total shareholders’ equity | 9,040 | 9,812 |
| Total liabilities and stockholders' equity | $23,717 | $22,536 |
| Consolidated Statement of Cash Flows | |||
|---|---|---|---|
| Year Ended May 31 (in millions) | 2019 | 2018 | |
| Cash provided by operations: | |||
| Net income | $4,029 | $1,933 | |
| Adjustments to reconcile net income to net cash provided by operations: | |||
| Depreciation | 705 | 747 | |
| Deferred income taxes | 34 | 647 | |
| Stock-based compensation | 325 | 218 | |
| Amortization and other | 15 | 27 | |
| Net foreign currency adjustments | 233 | (99) | |
| Changes in certain working capital components and other assets and liabilities: | |||
| (Increase) decrease in accounts receivable | (270) | 187 | |
| (Increase) decrease in inventories | (490) | (255) | |
| (Increase) decrease in prepaid expenses and other current and non-current assets | (203) | 35 | |
| Increase (decrease) in accounts payable, accrued liabilities and other current and non-current liabilities | 1,525 | 1,515 | |
| Cash provided by operations | 5,903 | 4,955 | |
| Cash provided (used) by investing activities: | |||
| Purchases of short-term investments | (2,937) | (4,783) | |
| Maturities of short-term investments | 1,715 | 3,613 | |
| Sales of short-term investments | 2,072 | 2,496 | |
| Additions to property, plant and equipment | (1,119) | (1,028) | |
| Disposals of property, plant and equipment | 5 | 3 | |
| Other investing activities. | -- | (25) | |
| Cash provided (used) by investing activities | (264) | 276 | |
| Cash used by financing activities: | |||
| Long-term debt payments, including current portion | (6) | (6) | |
| Increase (decrease) in notes payable | (325) | 13 | |
| Payments on capital lease and other financing obligations | (27) | (23) | |
| Proceeds from exercise of stock options and other stock issuances | 700 | 733 | |
| Repurchase of common stock | (4,286) | (4,254) | |
| Dividends—common and preferred | (1,332) | (1,243) | |
| Tax payments for net share settlement of equity awards | (17) | (55) | |
| Cash used by financing activities | (5,293) | (4,835) | |
| Effect of exchange rate changes on cash and equivalents | (129) | 45 | |
| Net increase (decrease) in cash and equivalents | 217 | 441 | |
| Cash and equivalents, beginning of year | 4,249 | 3,808 | |
| Cash and equivalents, end of year | $4,466 | $4,249 | |
(a) Compute the current ratio and quick ratio for 2018 and 2019.
Note: Round answers to two decimal places.
2019 current ratio = Answer
2018 current ratio = Answer
2019 quick ratio = Answer
2018 quick ratio = Answer
Which of the following best describes the company's current ratio
and quick ratio for 2019 and 2018?
The current ratio has increased while the quick ratio has decreased in the period from 2018 to 2019 , which suggests the company has a shortage of liquid assets.
Both the current and quick ratios have decreased from 2018 to 2019 however, the company is liquid.
Both the current and quick ratios have increased from 2018 to 2019, meaning the company is liquid.
The current ratio has decreased while the quick ratio has increased from 2018 to 2019, which suggests the company has a shortage of current assets.
(b) Compute total liabilities-to-equity ratio and total
debt-to-equity ratio for 2018 and 2019. Note:
Round answers to two decimal places.
2019 total liabilities-to-stockholders' equity = Answer
2018 total liabilities-to-stockholders' equity = Answer
2019 total debt-to-equity = Answer
2018 total debt-to-equity = Answer
Which of the following best describes the company's total
liabilities-to-equity ratios and total debt-to-equity ratios for
2019 and 2018?
The total liabilities-to-equity ratio has decreased while the total debt-to-equity ratio has increased in the period from 2018 to 2019, which suggests the company has decreased the use of short-term debt financing.
The total liabilities-to-equity ratio has increased while the total debt-to-equity ratio remained the same in the period from 2018 to 2019, which suggests the company has increased the use of short-term debt financing.
Both the total liabilities-to-equity and total debt-to-equity ratios have increased from 2018 to 2019. These increases suggest that the company is less solvent.
Both the total liabilities-to-equity and total debt-to-equity ratios have decreased from 2018 to 2019. The difference between these two measures reveals that any solvency concerns would be for the short run.
(c) Compute times interest earned ratio, cash from operations to
total debt ratio, and free operating cash flow to total debt
ratios. Note: Round answers to two decimal
places.
2019 times interest earned = Answer
2018 times interest earned = Answer
2019 cash from operations to total debt = Answer
2018 cash from operations to total debt = Answer
2019 free operating cash flow to total debt = Answer
2018 free operating cash flow to total debt = Answer
Which of the following describes the company's times interest
earned, cash from operations to total debt, and free operating cash
flow to total debt ratios for 2019 and 2018? (Select all that
apply)
Answer Nike's free operating cash flow to total debt ratio
increased over the year 2019 due to increased cash flow from
operations and a decrease in debt.
Answer Nike's times interest earned decreased during 2019, due an
increase in interest expense.
Answer Nike's cash from operations to total debt ratio increased
over the year 2019 due to an increase in cash flow from operations
and a decrease in total debt.
Answer Nike's times interest earned increased during 2019, due to
an decrease in profitability.
(d) Summarize your findings in a conclusion about the company's
credit risk. Do you have any concerns about the company's ability
to meet its debt obligations?
Nike's total debt-to-equity is low, thus increasing any immediate solvency concerns. The company's ability to meet its debt requirements will depend on increasing short-term debt.
Nike's quick ratio is low, thus increasing immediate solvency concerns. The company's ability to meet its debt requirements will depend on liquidating inventories for emergency cash.
Nike's times interest earned ratio is strong, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its continued profitability.
Nike's total liabilities-to-equity is high, thus lessening any immediate solvency concerns. The company's ability to meet its debt requirements will depend on its use of equity financing.
In: Accounting
In: Accounting