Compute the payback period, Internal Rate of Return and Net. Present Value. Assume a Discount Rate of 4%, Ivt. in Project is $1,500,000 Year Return ($) 1 300k 2 500k 3 400k 4 300k 5 200k 6 100k

The average number of times Americans dine out in a week fell from 4.0 in 2008 to 3.8 in 2012 (Zagat.com, April 1, 2012). The number of times a sample of 20 families dines out last week provides the following data.

6             1              5              3              7              3              0              3              1              3

4              1              2              4              1              0              5              6              3              1

a)      The skewness measure for these data is 0.34. Comment on the shape of the distribution. Is it the shape you would expect? Why or Why not?

​b) Do the data contains outliers

The performance and fees of 4 share classes of the same fund are in following table:

                                      Class Inst                Class Inv               Class A                  Class B

Expense ratio                     1%                          1%                        1%                       1%

12b-1 fee                                                            0.3%                     0.1%

Front-end load                                                                                 4%

Back-end load                                                                                                           start at 6%

                                                                                                                                    and ↓ 1%/year

All share classes have the same annual rate of return of 10.0%. If you have $10,000 to invest

in each of these share classes, how much will you get if you plan to sell them after 2 and 8

years?

You are a manger in Spring & Co. You are reviewing the audit file of Autumn Co which is nearing completion. You have noted several issues during your review:

 Several working papers have not been signed as reviewed. You are aware that a review has been taken but this is not documented on the file.

 One audit working paper states that a sample of 30 purchase invoices should be tested but the results of the test show only 15 invoices were tested. Several other areas document that samples sizes were reduced in order to save time.

 In the subsequent events review section of the file, the audit senior has documented that they have enquired of management whether there have been any subsequent events and were told that there have not been any. No further work was considered necessary as a result.

a. Which of the following statements are true in respect of the reduction in sample sizes? (1 Mark)

i. The audit has not been followed.

ii. Sufficient appropriate evidence may not have been obtained.

iii. Material misstatements may go undetected.

iv. Those sections will need to be reviewed by a manager and the manager will form a conclusion on the balances.

(1) 1, 2 and 3 only.

(2) 2 and 4 only.

(3) 1, 3 and 4 only.

(4) 1, 2, 3 and 4.

b. Select whether the following statements are true or false in respect of the subsequent events review of the Autumn Co.

(1) Enquiry does not provide sufficient appropriate evidence on its own.

(2) The auditor has demonstrated a lack of professional secpticism.

(3) A written representation should have been obtained from management confirming that they have disclosed all subsequent events to the auditor.

(4) The auditor only needs to perform procedures if they are made aware of any subsequent events.

c. Select whether the following statements are true or false in respect of review of audit working paper.

(1) The audit engagement partner will review all working papers on the audit file before issuing an opinion.

(2) If working papers have been reviewed there is no quality control issue arising from the lack of documentation.

(3) All working papers should be signed by the person who prepared them.

(4) All team members’ work should be reviewed by someone more senior than the preparer.

Determine the interest rate (i) that makes the pairs of cash flows below economically equivalent.

The subject moral philosophy

1 1. Explain and assess the theory of psychological egoism?

3 2. Are there good arguments for ethical egoism?

3. Does ethical egoism reject all concern for others?

4. Conclude whether a form of egoism is based on (or compatible with) either subjectivism or objectivism about values.

2.

1.) What is the future value after 3 years of the cashflow below if the interest rate is 4%?

YR: 1 2 3

CF: 500 400 300

2.) What is the present value of the cash flows above if the discount rate is 12%?

Please show work + formulas used. Studying for an exam.

1. The composition of a compound is 34.6% carbon, 3.9% hydrogen, and 61.5% oxygen . What is the empirical formula of the compound?

2. A mixture consisting of 15.0 g of iron(II) sulfate and 15.0 g of sodium phosphate is reacted in the following reaction:

3 F e S O 4 ( a q ) + 2 N a 3 P O 4 ( a q ) ⟶ F e 3 ( P O 4 ) 2 ( s ) + 3 N a 2 S O 4 ( a q )

Formula weight of FeSO₄ = 151.91 g/mol

Formula weight of Na₃PO₄ = 163.94 g/mol

Formula weight of Na₂SO₄ = 119.05 g/mol

Answer the following two questions:

• What is the maximum number of grams of sodium sulfate that can be obtained?

• Calculate the grams remaining of the excess reactant.