Questions
THE BOLDED LETTER AND NUMBER IS THE GIVEN ANSWER. ONE OF THE BOLDED ANSWERS ARE INCORRECT,...

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

  1. The distribution of scores on a statistics final exam is approximately normal with a mean of 62 and a standard deviation 11. Find the z-score for a score of 77 on the statistics final exam.

a.

71.36

b.

0.66

c.

-0.66

d.

1.36

e.

-1.36

In: Statistics and Probability

Give the genotypes for the following circumstances: Type O blood. __________ Type AB blood. __________ Type...

  1. Give the genotypes for the following circumstances:
    1. Type O blood. __________
    2. Type AB blood. __________
    3. Type A blood (two possibilities). _____________________
    4. Type B blood (two possibilities). _____________________
  2. A person with type O blood mates with a person with type AB blood. Complete a punnett square.

    1. What percentage of the offspring will have type B blood? _________
    2. What percentage of the offspring are homozygous recessive? _________
  3. A person who is heterozygous for type A blood mates with a person who is heterozygous for type B blood. Complete a punnett square.


    1. What percentage of the offspring will have AB blood? ________
    2. What percentage will have type O? _________
  4. A person with Type AB blood mates with another person with Type AB blood. Complete the punnett square.


    1. What percentage of the offspring have Type AB blood? _______
    2. Do any of the offspring contain any recessive alleles? _______

In: Biology

According to the Normal model N(0.061,0.028​) describing mutual fund returns in the 1st quarter of​ 2013,...

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...

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...

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...

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.

  1. Account Title Debit                     Credit

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:

  1. Journalize the following adjusting entries as of fiscal year-end December 31, 20x7.
  2. Post the adjusting entries to an unadjusted trial balance and prepare the adjusted trial balance.
  3. Create financial statements, namely: i) the income statement, ii) statement of stockholders’ equity, and iii) the balance sheet for 20x7.

Adjustments needed:

  1. The supplies available at the end of the fiscal year 20x7 are at a cost of $5,700.
  2. The company's employees have earned $3.500 in accrued wages for the fiscal year.
  3. The cost of expired insurance for the fiscal year is $8,600.
  4. The rent expense not yet paid or recorded in the fiscal year is $2,250.
  5. Annual depreciation on equipment is $8,000; no other depreciation adjustment was made in 20x7.
  6. The $450 accrued interest for December has not yet been paid and reported.
  7. Additional property taxes of $625 have been assessed for the fiscal year but have not yet been paid or recorded in the accounts.
  8. The December utilities expense of $425 is not included in the adjusted trial balance, because the bill arrived after the trial balance was prepared. The $425 amount owed needs to be recorded.
  9. The company paid dividends of $15,575 to its shareholders on record.

In: Accounting

Crown Construction had several Plant Asset transactions during the year. Use the facts provided to answer...

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,...

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

During 2017, Monty Corporation constructed and manufactured certain assets and incurred the following interest costs in connection with those activities.

Interest Costs Incurred

Warehouse constructed for Monty’s own use $33,960
Special-order machine for sale to unrelated customer, produced according
to customer’s specifications
9,250
Inventories routinely manufactured, produced on a repetitive basis 8,020

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?

The total amount of interest costs to be capitalized?

Situation III

Flounder, Inc. has a fiscal year ending April 30. On May 1, 2017, Flounder borrowed $9,188,000 at 11% to finance construction of its own building. Repayments of the loan are to commence the month following completion of the building. During the year ended April 30, 2018, expenditures for the partially completed structure totaled $6,431,600. These expenditures were incurred evenly throughout the year. Interest earned on the unexpended portion of the loan amounted to $597,220 for the year.

How much should be shown as capitalized interest on Flounder’s financial statements at April 30, 2018?

Capitalized interest on Flounder’s financial statements?

In: Accounting

please type it. . We need to work on your sentence structures and how many ideas...

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.

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