A company wants to determine whether its consumer product ratings
(0minus−10)
have changed from last year to this year. The table below shows the company's product ratings from eight consumers for last year and this year. At
alphaαequals=0.05,
is there enough evidence to conclude that the ratings have changed? Assume the samples are random and dependent, and the population is normally distributed. Complete parts (a) through (f).
|
Consumer |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
|---|---|---|---|---|---|---|---|---|---|
|
Rating left parenthesis last year right parenthesisRating (last year) |
66 |
66 |
44 |
55 |
77 |
99 |
55 |
55 |
|
|
Rating (this year) |
88 |
88 |
33 |
77 |
66 |
88 |
77 |
88 |
In: Statistics and Probability
Assume the following information: U.S. deposit rate for 1 year = 11% U.S. borrowing rate for 1 year = 12% Singapore deposit rate for 1 year = 8% Singapore borrowing rate for 1 year = 10% Singapore forward rate for 1 year = $0.40 Singapore spot rate = $0.39
3. Using the information above, if a US. Company expects to receive S$600,000 for exports sold to a Singapore company:
a. What will be the approximate value of these exports in 1 year in U.S. dollars given that the firm executes a forward hedge?
b. If the spot rate for the Singapore dollar 1 year later is $0.48, was the forward hedge a good strategy? Why? (Show by computation to defend your answer)
In: Finance
A company wants to determine whether its consumer product ratings
(0minus−10)
have changed from last year to this year. The table below shows the company's product ratings from eight consumers for last year and this year. At
alphaαequals=0.05,
is there enough evidence to conclude that the ratings have changed? Assume the samples are random and dependent, and the population is normally distributed. Complete parts (a) through (f).
|
Consumer |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
|
Rating left parenthesis last year right parenthesisRating (last year) |
55 |
55 |
44 |
22 |
66 |
88 |
55 |
77 |
|
|
Rating (this year) |
44 |
55 |
66 |
22 |
55 |
1010 |
88 |
99 |
In: Statistics and Probability
please answer the following:
14- An infinite life project with initial cost of $35,250 and a maintenance cost of $12,260 starting at year x and repeating every x years. If interest rate = 6% and x=6, find the capitalized cost CC.
15-Find the future worth FW of an annual amount of $3,226 increasing every year by $660 for 10 years, interest rate = 11%.
16-Starting at year 1, an amount of $4,026 is deposited in an account of 3% interest every year for 7 years. Find the value of the present worth PW at year 0.
17- A deposit of $9,750 is made at year 4, find the value of the future worth FW at year 10 , interest=7%.
In: Economics
Machine X has a first cost of $70,000 and an operating cost of
$21,000 in year 1, increasing by $500 per
year through year 5 with a salvage value of $13,000. Machine Y has
a first cost of $62,000 and an operating cost of
$21,000 in year 1, increasing by 3% per year through year 10 with a
salvage value of $2000. If the interest rate is
i 13% per year, evaluate which machine must you choose on the basis
of:
(a) the present worth analysis,
(b) the conventional B/C analysis
With explanation of Pa , Pc, Ps PW for plan X
Pa ,Ps PW, for plan Y
Delta (C+O) , delta B , Delta B/C
In: Economics
Ringmeup, Inc., had net income of $137,200 for the year ended December 31, 2016. At the beginning of the year, 39,000 shares of common stock were outstanding. On May 1, an additional 16,000 shares were issued. On December 1, the company purchased 4,700 shares of its own common stock and held them as treasury stock until the end of the year. No other changes in common shares outstanding occurred during the year. During the year, Ringmeup, Inc., paid the annual dividend on the 9,000 shares of 3.65%, $100 par value preferred stock that were outstanding the entire year.
Required:
Calculate basic earnings per share of common stock for the year ended December 31, 2016
In: Accounting
. Consider the following interest-rate swap:
• the swap starts today, January 1 of year 1 (swap settlement date)
• the floating-rate payments are made quarterly based on actual / 360
• the reference rate is 3-month LIBOR
• the swap rate is 6%
• the notional amount of the swap is $40 million
• the term of the swap is three years
(a) Suppose that today’s 3-month LIBOR is 5.7%. What will the fixed-rate payer for this interest rate swap receive on March 31 of year 1 (assuming that year 1 is not a leap year)?
(b) What will the fixed-rate payer for this interest rate swap pay on March 31 of year 1 (assuming that year 1 is not a leap year)?
In: Finance
Compound annuity) What is the accumulated sum of each of the following streams of payments?
a. $ 520 year for 9 years compounded annually at 11percent.
b. $ 108 year for 6 years compounded annually at 9 percent.
c. $ 33 year for 12 years compounded annually at 13 percent.
d. $ 24 year for 5 years compounded annually at 4 percent.
A. What is the accumulated sum of $ 520 year for years compounded annually at 11 percent?
$(Round to the nearest cent.)
B. What is the accumulated sum of $ 108 a year for 6 years compounded annually at 9 percent?
$ (Round to the nearest cent.)
C. What is the accumulated sum of $ 33 year for 12 years compounded annually at 13 percent?
$ (Round to the nearest cent.)
D. What is the accumulated sum of $ 24 year for 5 years compounded annually at 4 percent?
$ (Round to the nearest cent.)
In: Finance
Consider a world in which there are just three goods: teepees, tobacco, and corn. Listed below are the prices and quantities of these goods produced in the base year and in the current year.
|
All Goods Sold in US |
All Goods Sold in US |
Goods Consumed by Typical Consumer |
Goods Consumed by Typical Consumer |
|||
|
Base Year |
Current Year |
Base Year |
Current Year |
|||
|
Teepees |
||||||
|
price |
4 |
4 |
4 |
8 |
||
|
quantity |
200 |
200 |
5 |
2 |
||
|
Tobacco |
||||||
|
price |
4 |
3 |
4 |
3 |
||
|
quantity |
0 |
200 |
0 |
5 |
||
|
Corn |
||||||
|
price |
2 |
8 |
4 |
8 |
||
|
quantity |
300 |
200 |
15 |
10 |
Using the GDP Deflator calculation, between the base year and the current year there has been
|
Inflation of approximately 25% |
||
|
Deflation of approximately –20% |
||
|
Inflation of approximately 50% |
||
|
No change in the price level |
level
In: Economics
Dain's Diamond Bit Drilling purchased the following assets this year:
| Asset | Purchase Date | Original Basis |
|---|---|---|
| Drill bits (5-year) | February 23 | $95,000 |
| Drill bits (5-year) | July 20 | 99,000 |
| Commercial building | June 20 | 315,000 |
Assume its taxable income for the year was $59,500 before deducting any 179 expense (assume no bonus depreciation but assume that the 2014 179 limits are extended to 2015).
Required:
a. What is the maximum amount of 179 expense, Dain may deduct for the year?
b. What is Dain's maximum depreciation expense for the year (including 179 expense)?
c. If the February drill bits' original basis was $2,382,500, what is Dain's maximum 179 expense for the year?
d. If the February drill bits' basis was $2,502,500, what is Dain's maximum 179 expense for the year?
In: Accounting