Questions
The table to the right shows the number of​ people, in​ thousands, in a country without...

The table to the right shows the number of​ people, in​ thousands, in a country without health insurance in a certain year. Complete parts​ a) through​ d) below.

Insured

Uninsured

Under 18 years

67 comma 22767,227

7 comma 0537,053

18 to 24 years

21 comma 37221,372

8 comma 8308,830

25 to 34 years

29 comma 10929,109

11 comma 58211,582

35 to 44 years

31 comma 62231,622

8 comma 0258,025

45 to 64 years

67 comma 16167,161

13 comma 03113,031

65 years and older

38 comma 88438,884

713713

​a) What percentage of the​ countries' population in the year did not have health insurance and was between the ages of 18 to 24​ years?

​(Round to two decimal places as​ needed.)

​b) What percentage of the​ countries' population in the year did not have health insurance or was between the ages of 25 to 34​ years?

​(Round to two decimal places as​ needed.)

​c) What percentage of the​ countries' population in the year did have health​ insurance, given they were 65 years or​ older?

​(Round to two decimal places as​ needed.)

​d) Do age group and health insurance appear to be independent or dependent​ events? Define Event A was a person 45 to 64 years old and Event B as the person is insured. What conclusions can be drawn with this​ information?

A.They are dependent events since

Upper P left parenthesis A|B right parenthesis almost equals Upper P left parenthesis Upper A right parenthesisP(A|B)≈P(A).

B.They are independent events since

Upper P left parenthesis A|B right parenthesis not equals Upper P left parenthesis Upper A right parenthesisP(A|B)≠P(A).

C.They are dependent events since

Upper P left parenthesis A|B right parenthesis not equals Upper P left parenthesis Upper A right parenthesisP(A|B)≠P(A).

D.They are independent events since

Upper P left parenthesis A|B right parenthesis almost equals Upper P left parenthesis Upper A right parenthesisP(A|B)≈P(A).

In: Statistics and Probability

Item 8 Item 8 Olmo, Inc., manufactures and sells two products: Product K0 and Product H9....

Item 8

Item 8

Olmo, Inc., manufactures and sells two products: Product K0 and Product H9. The annual production and sales of Product of K0 is 1,000 units and of Product H9 is 1,000 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Activity Cost Pools Activity Measures Estimated Overhead Cost Expected Activity
Product K0 Product H9 Total
Labor-related DLHs $ 549,408 10,000 5,000 15,000
Production orders orders 52,419 1,100 200 1,300
Order size MHs 835,016 2,800 3,200 6,000
$ 1,436,843

The overhead applied to each unit of Product K0 under activity-based costing is closest to:

Vanvalkenburg, Inc., manufactures and sells two products: Product Q5 and Product J0. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Q5 Product J0 Total
Labor-related DLHs $ 191,748 3,000 2,800 5,800
Production orders orders 70,536 300 500 800
Order size MHs 295,592 4,300 4,500 8,800
$ 557,876

Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Z1 Product Z8 Total
Labor-related DLHs $ 112,190 600 2,000 2,600
Machine setups setups 40,440 500 700 1,200
Order size MHs 609,770 3,000 3,200 6,200
$ 762,400

The activity rate for the Machine Setups activity cost pool under activity-based costing is closest to:

The activity rate for the Production Orders activity cost pool under activity-based costing is closest to:

In: Accounting

Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of...

Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.)

Date of
Note

Principal
Interest
Rate

Term
a. July 10 $7,200 9% 100 days
b. April 14 12,000 8% 130 days
c. May 19 11,200 7.5% 130 days
d. June 10 5,400 8% 55 days
e. October 29 30,000 8% 85 days
Maturity Date
Month Day Interest
a. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
b. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
c. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
d. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer
e. AnswerDecemberNovemberOctoberSeptemberAugustJulyJuneMayAprilMarchFebruaryJanuary Answer Answer

In: Accounting

Tom Scott is the owner, president, and primary salesperson for Scott Manufacturing. Because of this, the...

Tom Scott is the owner, president, and primary salesperson for Scott Manufacturing. Because of this, the company's profits are driven by the amount of work Tom does. If he works 40 hours each week, the company's EBIT will be $560,000 per year; if he works a 50-hour week, the company's EBIT will be $645,000 per year. The company is currently worth $3.30 million. The company needs a cash infusion of $1.40 million, and it can issue equity or issue debt with an interest rate of 8 percent. Assume there are no corporate taxes.

1a. What are the cash flows to Tom under each scenario? (Enter your answers in dollars, not millions of dollars, e.g. 1,234,567. Do not round intermediate calculations.)

Scenario-1
Debt issue:

Cash flows
40-hour week $
50-hour week $


Scenario-2
Equity issue:

Cash flows
40-hour week $
50-hour week $


b. Under which form of financing is Tom likely to work harder?

  • Debt issue

  • Equity issue

In: Finance

public class StackTest { public static void main(String[] args) { StackX theStack = new StackX(10); //...

public class StackTest
{
    public static void main(String[] args)
    {
        StackX theStack = new StackX(10);  // make new stack
        theStack.push(20);               // push items onto stack
        theStack.push(30);
        theStack.push(40);
        theStack.push(40);
        theStack.push(60);
        theStack.push(80);

        theStack.showStack();

        System.out.println("removeDownTo(40)");
        theStack.removeDownTo(40);

        theStack.showStack();

    }  // end main()
}
public class QueueTest
{
   public static void main(String[] args)
      {
      Queue theQueue = new Queue(20);  // queue holds 5 items

      theQueue.insert(10);            // insert 4 items
      theQueue.insert(20);
      theQueue.insert(30);
      theQueue.insert(40);

      theQueue.showQueue();
      
      System.out.println("Removing 3 items");
      theQueue.remove();              // remove 3 items
      theQueue.remove();              //    (10, 20, 30)
      theQueue.remove();
      
      theQueue.showQueue();

      System.out.println("Inserting 4 more items");
      theQueue.insert(50);            // insert 4 more items
      theQueue.insert(60);            //    (wraps around)
      theQueue.insert(70);
      theQueue.insert(80);
      theQueue.showQueue();

      System.out.println("Calling removeSecond()");
      long second = theQueue.removeSecond();
      theQueue.showQueue();

      }  // end main()
   }  

Attached Files:

  • QueueTest.java (942 B)
  • StackTest.java (507 B)

You may not use the java.util.Stack class.
You may not use the java.util.Queue class.

Ex1: Write a program that converts decimal to binary using a stack.

StackX class:
Ex2: Write method showStack(): It displays the contents of the stack starting with the first inserted element to the last. The stack would contain the same elements after showStack(). . If for example if to an empty stackx we push(20) then push(30) showStack() would print 20 30

Ex3: Write a method public static void removeDownTo (long n): It pops all values off the stack down to but not including the first element it sees that is equal to the second parameter. If none are equal, leave the stack empty.

Attach your StackX.java. I will use StackTest.java to test the above methods.

Queue class:
Ex4: Write method showQueue() to display the contents of the queue from first to last. The queue would contain the same elements after showQueue().

Ex5: Write a method public static Object removeSecond (): It removes and returns the element just behind the front element. Precondition: The queue has at least two elements.

Attach your Queue.java. I will use QueueTest.java to test the above methods.

In: Computer Science

Many small restaurants in Portland, Oregon, and other cities across the United States do not take reservations.

 

Number of Customers Waiting Time (Minutes)
5 47
2 27
4 36
4 44
6 52
3 21
7 82
3 43
8 69
4 28

Many small restaurants in Portland, Oregon, and other cities across the United States do not take reservations. Owners say that with smaller capacity, no-shows are costly, and they would rather have their staff focused on customer service rather than maintaining a reservation system.† However, it is important to be able to give reasonable estimates of waiting time when customers arrive and put their name on the waiting list. The file RestaurantLine contains 10 observations of number of people in line ahead of a customer (independent variable x) and actual waiting time (in minutes) (dependent variable y). The estimated regression equation is:

ŷ = 4.35 + 8.81x

and MSE = 94.42.

(a)

Develop a point estimate (in min) for a customer who arrives with four people on the wait-list. (Round your answer to two decimal places.)

ŷ* =  min

(b)

Develop a 95% confidence interval for the mean waiting time (in min) for a customer who arrives with four customers already in line. (Round your answers to two decimal places.)

min to  min

(c)

Develop a 95% prediction interval for Roger and Sherry Davy's waiting time (in min) if there are four customers in line when they arrive. (Round your answers to two decimal places.)

min to  min

(d)

Discuss the difference between part (b) and part (c).

The prediction interval is much  ---Select--- wider narrower than the confidence interval. This is because it is  ---Select--- more less difficult to predict the waiting time for an individual customer arriving with four people in line than it is to estimate the mean waiting time for a customer arriving with four people in line.

In: Statistics and Probability

Required information [The following information applies to the questions displayed below.] Dowell Company produces a single...

Required information

[The following information applies to the questions displayed below.]

Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow.

2018 2019
Sales ($44 per unit) $ 1,012,000 $ 1,892,000
Cost of goods sold ($29 per unit) 667,000 1,247,000
Gross margin 345,000 645,000
Selling and administrative expenses 291,750 336,750
Net income $ 53,250 $ 308,250


Additional Information

  1. Sales and production data for these first two years follow.
2018 2019
Units produced 33,000 33,000
Units sold 23,000 43,000
  1. Variable cost per unit and total fixed costs are unchanged during 2018 and 2019. The company's $29 per unit product cost consists of the following.
Direct materials $ 4
Direct labor 8
Variable overhead 7
Fixed overhead ($330,000/33,000 units) 10
Total product cost per unit $ 29
  1. Selling and administrative expenses consist of the following.
2018 2019
Variable selling and administrative expenses ($2.25 per unit) $ 51,750 $ 96,750
Fixed selling and administrative expenses 240,000 240,000
Total selling and administrative expenses $ 291,750 $ 336,750

1. Prepare income statements for the company for each of its first two years under variable costing. (Loss amounts should be entered with a minus sign.)

DOWELL Company
Variable Costing Income Statements
2018 2019
Net income (loss)

2. Prepare a table as in Exhibit 6.12 to convert variable costing income to absorption costing income for both 2018 and 2019. (Loss amounts should be entered with a minus sign.)

DOWELL COMPANY
Reconciliation of Variable Costing Income to Absorption Costing Income
2018 2019
Variable costing income (loss)
Absorption costing income (loss)

In: Accounting

Problem 19-18 EPS; stock options; nonconvertible preferred; convertible bonds; shares sold [LO19-4, 19-5, 19-6, 19-7, 19-8,...

Problem 19-18 EPS; stock options; nonconvertible preferred; convertible bonds; shares sold [LO19-4, 19-5, 19-6, 19-7, 19-8, 19-9]

At January 1, 2018, Canaday Corporation had outstanding the following securities:

720 million common shares
45 million 8% cumulative preferred shares, $50 par
4% convertible bonds, $4,500 million face amount, convertible into 90 million common shares

The following additional information is available:

On September 1, 2018, Canaday sold 81 million additional shares of common stock.

Incentive stock options to purchase 40 million shares of common stock after July 1, 2017, at $14 per share were outstanding at the beginning and end of 2018. The average market price of Canaday’s common stock was $20 per share during 2018.

Canaday's net income for the year ended December 31, 2018, was $1,524 million. The effective income tax rate was 40%.


Required:
1. & 2. Calculate basic and the diluted earnings per common share for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

In: Accounting

Find the sample proportions and test statistic for equal proportions. (a-1) Dissatisfied workers in two companies:...

Find the sample proportions and test statistic for equal proportions.

(a-1) Dissatisfied workers in two companies: x1 = 44, n1 = 100, x2 = 34, n2 = 100, α = .05, two-tailed test. (Round your answers to 4 decimal places. Use Excel to calculate the p-value.)

p1 =
p2 =
zcalc =
p-value =
zα/2 =


(a-2)
Choose the appropriate hypotheses.

  1. H0:π1π2= 0 vs. H1:π1π2 ≠ 0. Reject H0 if zcalc < –1.96 or zcalc > 1.96
  2. H0:π1π2= 0 vs. H1:π1π2 ≠ 0. Reject H0 if zcalc > 1.96 or zcalc < 1.96

  

  • a

  • b



(a-3) Based on the data reject H0.
  

  • False

  • True



(b-1) Rooms rented at least a week in advance at two hotels: x1 = 28, n1 = 200, x2 = 16, n2 = 50, α = .01, left-tailed test. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign. Use Excel to calculate the p-value.)

p1 =
p2 =
zcalc =
p-value =
zα =

  
(b-2)
Choose the appropriate hypotheses.

  1. H0:π1π20 vs. H0:π1π2 < 0. Reject H0 if zcalc > 2.3263
  2. H0:π1π20 vs. H0:π1π2 < 0. Reject H0 if zcalc < –2.3263

  

  • a

  • b



(b-2) Based on the data reject H0.

  • True

  • False



(c-1) Home equity loan default rates in two banks: x1 = 40, n1 = 480, x2 = 30, n2 = 520, α = .05, right-tailed test. (Round your answers to 4 decimal places. Use Excel to calculate the p-value.)

p1 =
p2 =
zcalc =
p-value =
zα =


(c-2)
Choose the appropriate hypotheses.

  1. H0:π1π20 vs. H1:π1π2 > 0. Reject H0 if zcalc > 1.645
  2. H1:π1π20 vs. H1:π1π2 > 0. Reject H0 if zcalc < 1.645
  • b

  • a



(c-3) Based on the data reject H0.

  • False

  • True

In: Statistics and Probability

Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at...

Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 10% as long as it finances at its target capital structure, which calls for 45% debt and 55% common equity. Its last dividend (D0) was $1.90, its expected constant growth rate is 4%, and its common stock sells for $30. EEC's tax rate is 25%. Two projects are available: Project A has a rate of return of 10%, and Project B's return is 8%. These two projects are equally risky and about as risky as the firm's existing assets.

  1. What is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places.

    %

  2. What is the WACC? Do not round intermediate calculations. Round your answer to two decimal places.

    %

  3. Which projects should Empire accept?

    -Select-Project AProject B

In: Finance