Michelle’s trust is subject to 3.8% surtax on the lesser of the trust’s net investment income or the excess of the trust’s adjusted gross income over the $12,400 threshold (the highest trust tax rate). Explain how the trust can avoid this tax. What are the tax obligations of nonexempt charitable trusts?
In: Accounting
List answers and valid sources - top 5 exports and imports of the USA, top 5 major trading partners with the USA, Exchange rate of the US and Euro, top 5 countries that have the highest dependency on trade, Total trade surplus/deficit of the US in the last 5 years.
In: Economics
Solve using PYTHON PROGRAMMING
Write a script that reads a file “cars.csv”, into a pandas structure and then print
a. the first 3 rows and the last 3 of the dataset
b. the 3 cars with the lowest average-mileage
c. the 3 cars with the highest average-mileage.
Solve using PYTHON PROGRAMMING
In: Computer Science
Should they adopt the Venetian model? OR should we look at the world as one large economy where each worker and each organization should compete for a piece of the pie regardless of national borders, so that consumers everywhere can enjoy products of the highest quality for the lowest price possible?
In: Operations Management
Efficient diversification was discussed in Chapter 6. Diversification in an investment portfolio is a significant concept for creating the highest return for the least amount of risk. To create this diversification portfolio managers consider the correlation of investments. Thoroughly explain how correlation is interpreted and how it can help with the creation of a diversified portfolio.
In: Finance
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In: Accounting
A(n) 10.5%, 25-year bond has a par value of $1,000 and a call price of $1 comma 125. (The bond's first call date is in 5 years.) Coupon payments are made semiannually (so use semiannual compounding where appropriate).
a. Find the current yield, YTM, and YTC on this issue, given that it is currently being priced in the market at $ 1 comma 250. Which of these 3 yields is the highest? Which is the lowest? Which yield would you use to value this bond? Explain.
b. Repeat the 3 calculations above, given that the bond is being priced at $900. Now which yield is the highest? Which is the lowest? Which yield would you use to value this bond? Explain.
a. If the bond is priced at $1,250, the current yield is ___%. (Round to two decimal places.)
The annual yield-to-maturity with semiannual compounding is ___%. (Round to two decimal places.)
The annual yield-to-call with semiannual compounding is ___%. (Round to two decimal places.)
Which of these 3 yields is the highest? Which is the lowest?
Which yield would you use to value this bond? (Select the best answer below.)
A. It doesn't matter which yield you use.
B. The yield-to-call because convention is to use the lower more conservative measure of yield.
C. The yield-to-maturity because the bonds may not be called.
D. The yield-to-maturity is always used. b. If the bond is priced at $900, the current yield is nothing%. (Round to two decimal places.)
The annual yield-to-maturity with semiannual compounding is ___%. (Round to two decimal places.)
The annual yield-to-call with semiannual compounding is ___%. (Round to two decimal places.)
Which of these 3 yields is the highest? Which is the lowest? (
Which yield would you use to value this bond? (Select the best answer below.)
A. The yield-to-maturity because the bonds may not be called.
B. The yield-to-maturity is always used.
C. It doesn't matter which yield you use.
D. The yield-to-maturity because convention is to use the lower of yield-to-maturity or yield-to-call for bonds selling at a discount.
In: Finance
Blaze Manufacturing Company is using a weighted criteria evaluation system to certify suppliers. Oronto Enterprise, Mintco Company and Vertona Ltd. supply Blaze with components for their manufacturing process. Blaze Mfg. has scored Oronto, Mintco and Vertona on a scale of 0 to 100 (see table below).
| Performance Criteria | Weight | Oronto (Score 0-100) |
Mintco (Score 0-100) |
Vertona (Score 0-100) |
| Technology | 25% | 85 | 80 | 60 |
| Quality | 20% | 90 | 92 | 72 |
| Environmental Responsibility | 15% | 84 | 85 | 70 |
| Price | 15% | 77 | 80 | 65 |
| On-time deliveries | 10% | 86 | 83 | 80 |
| Flexibility | 5% | 84 | 85 | 90 |
| Customer Service | 10% | 83 | 83 | 70 |
a) Based on the weights used in the evaluation system, what is Blaze Manufacturing’s purchasing objective? [2 points]
b) If Blaze Mfg. classifies their vendors based on the following criteria:
i. Unacceptable (score less than 50)
ii. Conditional (score between 50 and 70)
iii. Certified (score between 70 and 90) and
iv. Preferred (score greater than 90)
how well are their suppliers Oronto, Mintco and Vertona doing? Show all calculations. [4 points]
| A. |
a) The company's purchasing objective is to place the highest value on technology and quality. b) Oronto classified as Certified, with a score of
84.00, |
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| B. |
a) The company's purchasing objective is to place the highest value on technology and quality. b) Oronto classified as Certified, with a score of
84.50, |
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| C. |
a) The company's purchasing objective is to place the highest value on flexibility. b) Oronto classified as Certified, with a score of
84.50, |
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| D. |
a) The company's purchasing objective is to place the highest value on flexibility. b) Oronto classified as Certified, with a score of
80.50, |
In: Operations Management
5, Determine the area under the standard normal curve that lies to the right of (a) Z = -0.95 , (b) Z=0.53, (c) Z =−0.05, and (d) Z =−0.89.
(a) The area to the right of Z=−0.95 is ____.
(Round to four decimal places as needed.)
(b) The area to the right of Z=0.53 is _____.
(Round to four decimal places as needed.)
(c) The area to the right of Z=−0.05 is _____.
(Round to four decimal places as needed.)
(d) The area to the right of Z=−0.89 is _____..
(Round to four decimal places as needed.)
6, Determine the area under the standard normal curve that lies between (a) Z =−0.53 and Z=0.53 , (b) Z=−2.67 and Z=0, (c) Z =−0.87 and Z =0.93.
(a) The area that lies between Z =−0.53 and Z =0.53 is ____.
(Round to four decimal places as needed.)
(b) The area that lies between Z =−2.67 and Z =0 is ___.
(Round to four decimal places as needed.)
(c) The area that lies between Z =−0.87 and Z =0.93 is _____.
(Round to four decimal places as needed.)
13, A survey was conducted that asked 998 people how many books they had read in the past year. Results indicated that x overbar =13.513.5 books and s =16.1 books. Construct a 95% confidence interval for the mean number of books people read. Interpret the interval.
(Use ascending order. Round to two decimal places as needed.)
A.
If repeated samples are taken, 95% of them will have a sample mean between ___ and ____.
B.
There is 95% confidence that the population mean number of books read is between ___ and ____.
C.
There is a 95% probability that the true mean number of books read is between ___ and ___.
18, Steel rods are manufactured with a mean length of 26 centimeter (cm). Because of variability in the manufacturing process, the lengths of the rods are approximately normally distributed with a standard deviation of 0.06 cm. Complete parts (a) to (d).
(a) What proportion of rods has a length less than 25..9 cm?
nothing (Round to four decimal places as needed.)
(b) Any rods that are shorter than 25.87 cm or longer than 26.13 cm are discarded. What proportion of rods will be discarded?
nothing (Round to four decimal places as needed.)____(Round to four decimal places as needed.)
(c) Using the results of part (b), if 5000 rods are manufactured in a day, how many should the plant manager expect to discard?
____(Use the answer from part b to find this answer. Round to the nearest integer as needed.)
(d) If an order comes in for 10,000 steel rods, how many rods should the plant manager expect to manufacture if the order states that all rods must be between 25.9 cm and 26.1 cm?
___ (Round up to the nearest integer.)
19, According to a study, 59% of all males between the ages of 18 and 24 live at home. (Unmarried college students living in a dorm are counted as living at home.) Suppose that a survey is administered and 163 of 248 respondents indicated that they live at home. (a) Use the normal approximation to the binomial to approximate the probability that at least 163 respondents live at home. (b) Do the results from part (a) contradict the study?
(a) P(X≥163)=___(Round to four decimal places as needed.)
(b) Does the result from part (a) contradict the results of the study?
A.
Yes, because the probability of P(X≥163163) is greater than 0.05 .
B.
Yes, because the probability of P(X≥163) is less than 0.05
C.
No, because the probability of P(X≥163) is less than 0.05 .
D.
No, because the probability of P(X≥163) is greater than 0.05.
In: Statistics and Probability
There are 3 users, Smart, Tab, or PC that attempt to access an online store. The probability that seeing a smart is 0.5, Tab is 0.25, PC is 0.25. They either request either audio or video. Smart request audio with probability 0.5; tab request audio with probability of 0.4; and PC request audio with probability 0.3.
a) What is the probability that a user request video is a tablet?
b) What is the probability that a user request audio is a smart?
c) What is the probability that a user is PC and request video?
In: Statistics and Probability