THE BOLDED LETTER AND NUMBER IS THE GIVEN ANSWER. ONE OF THE BOLDED ANSWERS ARE INCORRECT, WHICH ONE IS INCORRECT AND WHAT IS THE CORRECT ANSWER?
Your company manufactures hot water heaters. The life spans of your product are known to be normally distributed with a mean of 13 years and a standard deviation of 1.5 years. You want to set the warranty on your product so that you do not have to replace more than 5% of the hot water heaters that you sell. How many years should you claim on your warranty?
|
a. |
13.09 |
|
|
b. |
10.53 |
|
|
c. |
12.91 |
|
|
d. |
15.47 |
|
|
e. |
22.88 |
In a highway construction zone with a posted speed limit of 40 miles per hour, the speeds of all vehicles are normally distributed with a mean of 46 mph and a standard deviation of 3 mph. Find the probability that the speed of a random car traveling through this construction zone is more than 45 mph.
|
a. |
0.6306 |
|
|
b. |
0.1258 |
|
|
c. |
0.4172 |
|
|
d. |
0.3694 |
|
|
e. |
0.5828 |
The delivery times for all food orders at a fast-food restaurant during the lunch hour are normally distributed with a mean of 6.7 minutes and a standard deviation of 2.1 minutes. Find the probability that the delivery time for a random order at this restaurant is between 7 and 8 minutes.
|
a. |
0.7851 |
|
|
b. |
0.8247 |
|
|
c. |
0.2150 |
|
|
d. |
0.1880 |
|
|
e. |
0.1753 |
The average number of pounds of red meat a person consumes each year is 196 with a standard deviation of 22 pounds (Source: American Dietetic Association). This distribution is approximately bell-shaped and symmetric. If an individual is randomly selected, find the probability that the number of pounds of red meat they consume each year will be less than 200 pounds.
|
a. |
0.0721 |
|
|
b. |
0.4279 |
|
|
c. |
0.0014 |
|
|
d. |
0.9986 |
|
|
e. |
0.5721 |
The pucks used by the National Hockey League for ice hockey must weigh between 5.5 and 6.0 ounces. Suppose the weights of pucks produced at a factory are normally distributed with a mean of 5.75 ounces and a standard deviation of 0.11 ounces. What percentage of pucks produced at this factory cannot be used by the National Hockey League?
|
a. |
0.3321 |
|
|
b. |
0.6679 |
|
|
c. |
0.0230 |
|
|
d. |
0.9770 |
|
|
e. |
0.2741 |
|
a. |
71.36 |
|
|
b. |
0.66 |
|
|
c. |
-0.66 |
|
|
d. |
1.36 |
|
|
e. |
-1.36 |
In: Statistics and Probability
In: Biology
According to the Normal model N(0.061,0.028) describing mutual fund returns in the 1st quarter of 2013, determine what percentage of this group of funds you would expect to have the following returns. Complete parts (a) through (d) below.
|
a) Over 6.8%? |
b) Between 0% and 7.6%? |
|
c) More than 1%? |
d) Less than 0%? |
a) The expected percentage of returns that are over 6.8% is _____%.
(Type an integer or a decimal rounded to one decimal place as needed.)
b) The expected percentage of returns that are between 0% and 7.6% is ______%.
(Type an integer or a decimal rounded to one decimal place as needed.)
c) The expected percentage of returns that are more than 1% is _____%.
(Type an integer or a decimal rounded to one decimal place as needed.)
d) The expected percentage of returns that are less than 0% is ______%.
(Type an integer or a decimal rounded to one decimal place as needed.)
In: Statistics and Probability
|
Bond J has a coupon rate of 7 percent and Bond K has a coupon rate of 13 percent. Both bonds have 20 years to maturity, make semiannual payments, and have a YTM of 10 percent. |
|
If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage change in price of Bond J | % |
| Percentage change in price of Bond K | % |
|
What if rates suddenly fall by 2 percent instead? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Percentage change in price of Bond J | % |
| Percentage change in price of Bond K | % |
In: Finance
Bond J has a coupon rate of 7 percent and Bond K has a coupon rate of 13 percent. Both bonds have 12 years to maturity, make semiannual payments, and have a YTM of 10 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Percentage change in price of Bond J % ???
Percentage change in price of Bond K % ???
What if rates suddenly fall by 2 percent instead? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Percentage change in price of Bond J % ???
Percentage change in price of Bond K % ???
In: Finance
The following unadjusted trial balance is for Groenke Construction Company as of year-end for the December 31, 20x7 fiscal year. The December 31, 20x6 credit balance of the stockholders’ equity account is $61,900, and the stockholders invested $45,000 cash in the company during 20x7.
101 Cash $15,000
126 Supplies $8,500
128 Pre-paid insurance $11,200
167 Equipment $175,000
168 Accumulated depreciation – equipment $19,000
201 Accounts payable $9,250
251 Long-term notes payable $45,000
301 Shareholders’ equity $106,900
302 Dividends $15,750
401 Construction Revenue $153,000
623 Wage expense $61,800
633 Interest expense $6,250
640 Rent expense $15,750
683 Property tax expense $12,500
684 Repairs expense $6,100
690 Utilities expense $5,300
TOTALS $333,150 $333,150
Instructions:
Use the template provided to:
Adjustments needed:
In: Accounting
Crown Construction had several Plant Asset transactions during the year. Use the facts provided to answer the following questions.
Question 1:
Crown purchased a new dump truck for $38,000 cash on January 1, 20Y3. In addition to the purchase price, Crown paid $700 for delivery charges and $3,800 in sales taxes. It also spent $1,000 in September for the dump truck's first oil change and some belt replacements. The dump truck has an estimated useful life of 10 years and a salvage value of $4,000. Crown estimates it will operate the dump truck for 10,400 hours during its useful life. Crown used the dump truck 980 hours during 20Y3.
How much depreciation expense will Crown record in 20Y3 using each of the depreciation methods listed below? Round your final answers to the nearest whole dollar. Include appropriate commas and no dollar signs (e.g. 1,000).
Straight-Line
Double-Declining Balance
Units of Activity
Question 2:
Crown acquired some land for the purpose of building a new storage facility for its large equipment. The following costs related to these plant assets were incurred in in 20Y3:
Land purchase price - $150,000
Real estate broker’s commission on the sale of the land - $4,000
Land title transfer fees - $500
Cost to remove an old building that existed on the land - $8,000
Construction costs related to the new building - $330,000
Installation of a sprinkler system around the new building - $5,000
Installation of a parking lot in front of the new building - $10,000
What value should Crown record for the land and the new building? Include appropriate commas and no dollar signs (e.g. 1,000).
Land
Building
Question 3:
Crown sold one of its machines for $3,000 on August 1, 20Y3. The machine originally cost Crown $12,000 and had accumulated depreciation of $10,200 at the time of sale. How much gain or loss would Crown record related to the sale of the machine? Indicate gain or loss in your answer and include appropriate commas and no dollar signs (e.g. 1,000 gain or 1,000 loss).
In: Accounting
The following three situations involve the capitalization of interest.
Situation I
On January 1, 2017, Grouper, Inc. signed a fixed-price contract to
have Builder Associates construct a major plant facility at a cost
of $4,323,000. It was estimated that it would take 3 years to
complete the project. Also on January 1, 2017, to finance the
construction cost, Grouper borrowed $4,323,000 payable in 10 annual
installments of $432,300, plus interest at the rate of 10%. During
2017, Grouper made deposit and progress payments totaling
$1,621,125 under the contract; the weighted-average amount of
accumulated expenditures was $864,600 for the year. The excess
borrowed funds were invested in short-term securities, from which
Grouper realized investment income of $252,200.
What amount should Grouper report as capitalized interest at
December 31, 2017?
|
Capitalized interest? Situation II
All of these assets required an extended period of time for completion. Assuming the effect of interest capitalization is material, what is the total amount of interest costs to be capitalized?
|
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In: Accounting
please type it. . We need to work on your sentence structures and how many ideas are in 1 sentence. Also, there are some phrasing issues but this is okay for now. You have ideas but they need to be written a bit more academically. For example, I need a thesis statement in the introduction. I need clear topic sentences. Try not to write as if you are talking, in the present moment. The conclusion should be a summary of what you just proposed on how they will make a contract and have some positive info, which you do have already. I just need to see more of an academic structure.
You need to write 5-8 sentences per paragraph for a total of 20-32 sentences overall.
Introduction paragraph 1: The thesis statement is usually the last
sentence of the introductory
paragraph: This paper is going to discuss how Ms. Adelle Dubois
will convince the Saudis
management team to agree to a French and Saudi ballet performance
and contract.
Topic sentence
for paragraph 2: Ms. Adelle Dubois will need to respect the
local Saudi traditions
when negotiating a contact with the Saudi management team.
Topic sentence
for paragraph 3: To convince the Saudi management team, Ms.
Dubois will need to
address the Saudis concern for the French women’s dance attire and
whether the dancers may
include male dancers or not.
Topic sentence
for paragraph 4 (conclusion): In conclusion, the success of Ms.
Dubois’s contract
depends greatly upon her intercultural communication and persuasion
skills.
Case 1: A French firm, The Paris Opera Ballet, sent its
senior-level manager, Ms. Adelle Dubois, to
opening discussions to negotiate a performance contract with The
Theater of King Fahd Cultural
Center in Riyadh, Saudi Arabia. The discussion will address how the
dancers from France will be able
to perform with the Saudi dancers in Saudi Arabia. Briefly, discuss
the cultural values of each culture
in a business context. Mention the language used for communication
between the two parties.
How will Ms. Dubois convince the Theater of King Fahd to accept her
offer and have both the French
and Saudi dancers perform together?
In the introduction, describe the situation and add a thesis
statement. In the body of the essay,
paragraph 2 discuss how Ms. Dubois will learn about the Saudi
culture.
In paragraph 3, discuss how
Ms. Dubois will address the Saudis concerns about the French
women’s dance attire and whether
the dancers may include men or not. In the conclusion, provide a
summary reiterating the
advantages Ms. Dubois may cultivate in order to seal the
contract.
In: Operations Management
A medical technician is trying to determine what percentage of a patient's artery is blocked by plaque. To do this, she measures the blood pressure just before the region of blockage and finds that itis 1.20×104 \(\rm Pa\), while in the region of blockage it is 1.15×104 \(rm Pa\). Furthermore, she knows that blood flowing through the normal artery just before the point of blockage is traveling at 30.0 \(rm cm/s\), and the specific gravity of this patient's blood is 1.06. What percentage of the cross-sectional area of the patient's artery is blocked by the plaque?
In: Physics