Popular belief states that individuals around the world are moving to the suburbs to live. According to the United Nations, the number of people living in urban areas is shown below.
|
Number of People |
Sample Size |
|
|
1950s |
30 |
100 |
|
2020s |
50 |
100 |
Source – Fortune, “Plotting the Rise of the Megacity”, March 2020, p. 82.
|
Data |
|
|
Hypothesized Difference |
0 |
|
Level of Significance |
0.05 |
|
Group 1 |
|
|
Number of Items of Interest |
30 |
|
Sample Size |
100 |
|
Group 2 |
|
|
Number of Items of Interest |
50 |
|
Sample Size |
100 |
|
Intermediate Calculations |
|
|
Group 1 Proportion |
0.30 |
|
Group 2 Proportion |
0.50 |
|
Difference in Two Proportions |
-0.20 |
|
Average Proportion |
0.4000 |
|
Z Test Statistic |
-2.8868 |
|
p-Value |
0.0039 |
Assuming that the population variances are equal, is there evidence of a difference in in the proportion of people living in urban areas in the 1950s and 2020s (a = .05)?
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In: Statistics and Probability
Distribution channels in marketing are product, promotion, price and placement. A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. It can include wholesalers, retailers, distributors, and even the internet. A distribution channel represents how an organization will make its product or service available to the end consumer for consumption or use. I chose to take a look at Apple. The first distribution channel that Apple utilizes is where the producer sells directly to a retailer who in turn sells Apple’s product to the end consumer. Apple sells their products to companies such as Best Buy, Target, Verizon, and many others stores. Another channel that Apple utilizes is a direct-to-consumer where the producer sells its product directly to the end consumer; this is the shortest distribution process. Apple has its own retail stores, along with the company’s online store to sell directly to the consumer. Apple is one of the most successful brick and mortar shops in the United States. I find it interesting how well Apple has done as an electronic mogul. They sell to reputable retailers and get their products in many different store fronts.
In: Economics
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant’s operation:
| Beginning inventory | 0 | |
| Units produced | 46,000 | |
| Units sold | 41,000 | |
| Selling price per unit | $ | 80 |
| Selling and administrative expenses: | ||
| Variable per unit | $ | 3 |
| Fixed (per month) | $ | 564,000 |
| Manufacturing costs: | ||
| Direct materials cost per unit | $ | 18 |
| Direct labor cost per unit | $ | 7 |
| Variable manufacturing overhead cost per unit | $ | 1 |
| Fixed manufacturing overhead cost (per month) | $ | 736,000 |
Management is anxious to assess the profitability of the new camp cot during the month of May.
Required:
1. Assume that the company uses absorption costing.
a. Calculate the unit product cost.
b. Prepare an income statement for May.
2. Assume that the company uses variable costing.
a. Calculate the unit product cost.
b. Prepare a contribution format income statement for May.
In: Accounting
Cintas designs, manufactures, and implements corporate identity uniform programs that it rents or sells to customers throughout the United States and Canada. The company’s stock is traded on the NASDAQ and has provided investors with significant returns over the past few years. Selected information from the company’s balance sheet follows. For 2012, the company reported sales revenue of $3,708,400 and cost of goods sold of $1,516,015. CINTAS Balance Sheet (in thousands) 2012 2011 Cash $ 35,373 $ 38,927 Marketable securities — 202,542 Accounts receivable 408,884 389,918 Inventories 231,752 198,019 Prepaid expense and other 15,797 15,797 Accounts payable 64,624 71,642 Accrued compensation and related liabilities 70,769 95,381 Accrued liabilities 263,516 239,067 Accrued tax liability 2,568 — Long-term debt due within one year 4,155 26,667 Required: Compute the current ratio, inventory turnover ratio, and accounts receivable turnover ratio (assuming that 70 percent of sales were on credit). (Round your answers to 1 decimal place.)
What is the:
current ratio?
Inventory turnover ratio?
Accounts recieveable turnover ratio?
In: Accounting
1) According to Victor Rios, police violence should be understood not only as racial violence, but also as ________________.
a) Gender violence
b) National violence
c) Gyn violence
d) Political violence
2) According to Eric Klinenburg, which of the following are components of a sociological (denaturalized) approach to studying disasters?
a) The social morphology and political economy of vulnerability
b) The role of the state in determining this vulnerability
c) The tendencies of journalists and political officials to render invisible both the political economy of vulnerability and the role of the state in determining vulnerability
d) All the above
3) According to Eric Klinenburg, during the 1995 Chicago Heat Wave, __________ was linked to destiny.
a) Age
b) Gender
c) Geography
d) Income
4) According to Vivek Bald, early South Asian migrants to the United States often worked as:
a) Medical Doctors
b) Engineers
c) Peddlers
d) Businessmen
In: Economics
Delta Company, a U.S. MNC, is contemplating making a foreign capital expenditure in South Africa. The initial cost of the project is ZAR10,000. The annual cash flows over the five-year economic life of the project in ZAR are estimated to be 3,000, 4,000, 5,000, 6,000, and 7,000. The parent firm’s cost of capital in dollars is 9.5 percent. Long-run inflation is forecasted to be 3 percent per annum in the United States and 7 percent in South Africa. The current spot foreign exchange rate is ZAR/USD = 3.75. Determine the NPV for the project in USD by:
a.Calculating the NPV in ZAR using the ZAR equivalent cost of capital according to the Fisher effect and then converting to USD at the current spot rate.
b.Converting all cash flows from ZAR to USD at purchasing power parity forecasted exchange rates and then calculating the NPV at the dollar cost of capital.
c.Are the two dollar NPVs different or the same? Explain.
d.What is the NPV in dollars if the actual pattern of ZAR/USD exchange rates is: S(0) = 3.75, S(1) = 5.7, S(2) = 6.7, S(3) = 7.2, S(4) = 7.7, and S(5) = 8.2?
In: Finance
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant’s operation:
| Beginning inventory | 0 | |
| Units produced | 40,000 | |
| Units sold | 35,000 | |
| Selling price per unit | $ | 78 |
| Selling and administrative expenses: | ||
| Variable per unit | $ | 4 |
| Fixed (per month) | $ | 557,000 |
| Manufacturing costs: | ||
| Direct materials cost per unit | $ | 14 |
| Direct labor cost per unit | $ | 7 |
| Variable manufacturing overhead cost per unit | $ | 2 |
| Fixed manufacturing overhead cost (per month) | $ | 680,000 |
Management is anxious to assess the profitability of the new camp cot during the month of May.
Required:
1. Assume that the company uses absorption costing.
a. Determine the unit product cost.
b. Prepare an income statement for May.
2. Assume that the company uses variable costing.
a. Determine the unit product cost.
b. Prepare a contribution format income statement for May.
In: Accounting
Quiz 11 1 A chronic disease may be which of the following: a. Infectious, communicable b. Noninfectious, noncommunicable C. Neither (a) or (b) d. Both (a) and (b) 2 Chronic diseases are mainly caused by what general factors? 3. Why are primary prevention measures more complex for chronic diseases such as heart disease or cancer than infectious acute conditions like cholera or Lyme disease? 4. Select a chronic disease example and apply it to the six concepts presented for the health belief model. 5. Describe how osteoporosis is influenced by multiple risk factors 6. Name the three common pathways in which people are exposed to radiation 7. What are the general causes of cancer? What are the relative contributions of these causes in the United States? 8. List and describe the four processes of toxicokinetics. 9. Describe some of the health effects associated with lead exposure. 10. Fill in the right side of the table. Virus/Bacteria Human papillomavirus (HPV) Helicobacter pylori bacterium Kaposi's sarcoma-associated Herpesvirus Hepatitis B and C viruses Epstein-Barr virus Human T-cell lymphotropic virus Type of Cancer.
In: Nursing
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant’s operation:
| Beginning inventory | 0 | |
| Units produced | 37,000 | |
| Units sold | 32,000 | |
| Selling price per unit | $ | 80 |
| Selling and administrative expenses: | ||
| Variable per unit | $ | 2 |
| Fixed (per month) | $ | 565,000 |
| Manufacturing costs: | ||
| Direct materials cost per unit | $ | 17 |
| Direct labor cost per unit | $ | 6 |
| Variable manufacturing overhead cost per unit | $ | 1 |
| Fixed manufacturing overhead cost (per month) | $ | 629,000 |
Management is anxious to assess the profitability of the new camp cot during the month of May.
Required:
1. Assume that the company uses absorption costing.
a. Determine the unit product cost.
b. Prepare an income statement for May.
2. Assume that the company uses variable costing.
a. Determine the unit product cost.
b. Prepare a contribution format income statement for May.
In: Accounting
1. Which of the following is a correct statement regarding Haemophilus influenzae?
It exists in 6 serotypes, named A through F
It colonizes the intestinal tract of humans
It is a virus
All strains lack a capsule
2. Which of the following is a correct statement?
Hib triggers allergies
Hib was the leading cause of bacterial meningitis in children under the age of 5.
Hib causes strep throat.
Hib cannot cause disease in adults.
3. True or False: Non-type B strains of Haemophilus influenzae cannot cause disease.
True
False
4. Which of the following is a correct statement regarding Hib vaccination in the United States today?
Children should get their first vaccination after the age of 5.
Children will receive 5–8 doses of the Hib vaccine when their treatment is complete.
Children should be vaccinated at 2, 4, 6, and 12–15 months of age.
Children develop natural, active immunity upon receiving the vaccine.
5. True or False: Based on the study, it appears that non-type B strains of this bacterium have taken over for Hib in causing meningitis in vaccinated countries.
True
False
In: Biology