"Low concentrations of dioxin near the detection limit gave the following dimensionless instrument readings: 193.3, 156.5, 150.3, 162.3, 207.3, 148.1, 211.1, 189.7, 122.7, and 193.5. Ten blanks had a mean reading of 47.3. The slope of the calibration curve is 2.55 × 10x9 M–1. Estimate the signal and concentration detection limits and the lower limit of quantitation for dioxin."

I know the signal detection limit is yblank + 3s and the concentration limit is 3s/m, but what is ysample to calculate m?

Phoenix Industries has pulled off a miraculous recovery. Four years ago it was near bankruptcy. Today, it announced a $3 per share dividend to be paid a year from now, the first dividend since the crisis. Analysts expect dividends to increase by $1 a year for another 2 years. After the third year (in which dividends are $5 per share) dividend growth is expected to settle down to a more moderate long-term growth rate of 6%. If the firm’s investors expect to earn a return of 14% on this stock, what must be its price?

Eastern Aviation operated both an airline and several restaurants located near airports. During the year just ended, all restaurant operations were discontinued and the following operating results were reported.

All of these amounts are before income taxes unless indicated otherwise. The company's income tax rate is 40 percent. The nonrecurring loss resulted from damage to a warehouse that is not related to the discontinued restaurant operations. Eastern Aviation had 1,000,000 shares of capital stock outstanding throughout the year.

Required:

a. Prepare a condensed income statement, including proper presentation of the discontinued restaurant operations and the nonrecurring loss. Include all appropriate earnings per share figures.

b. Assume that you expect the profitability of Eastern Aviation operations to decline by 5 percent next year, and the profitability of the restaurants to decline by 10 percent. What is your estimate of the company’s net earnings per share next year?

Historically, your company has calculated bad debts using an aging of accounts receivable. Near the end of the fiscal year, the company is in a cash crunch and needs to borrow money from the bank, using accounts receivable as collateral. The owner of the company knows that many of the accounts receivable are more than 90 days past due, resulting in net receivables equal to only 80% of total receivables.

Respond to the following in a minimum of 175 words:

• The owner asks you to change the method of estimating bad debts to a flat 3% of receivables. What should you do?

Thirty-five small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that σ is known to be 40.7 cases per year.

(a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

(b) Find a 95% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

(c) Find a 99% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

Owen needs a new roof for his home across the 125 freeway near Grossmont College. After extensive research he chooses concrete tile due to its durability. He signs a contract with Marshall of Phoenix Roofing, Inc., an Arizona-based roofing company expanding into the San Diego area. The tiles are delivered the day before installation is to begin. As a standard practise, the tiles are lifted by a crane to the roof, and stacked in piles of 10. Owen questions why the tiles are not yet secured to the slanted roof, but Marshall assures him that the weight of the tiles will keep them in place until installation begins tomorrow. Later that evening Owen feels the room begin to shake. The lamps start shaking, the room begins swaying, the dog begins barking and his Budweiser beer slides off the table, breaking into pieces. It’s an earthquake! He jumps up from the couch and runs for the door, stepping barefoot onto the broken glass. Just as he exits a tile from the roof slips off the stack, slides down the roof and smashes right into Owen’s head. He wakes up the next morning in the ICU with a cracked skull and a major concussion and a severed nerve in his foot caused by the broken beer bottle. Two weeks later he’s released from the hospital. He contacts you, his lawyer. He wants to sue.

You file a lawsuit against Marshall seeking to compensate Owen for his injuries?

a.Which issue will you raise in this lawsuit. (Just the issue)

b.What is the definition of this legal issue? List the elements. (Rule)

c.List facts that Owen will present to the court to prove his case against Marshall? (Be sure to address each element)

d.For this question only we add this fact. Let’s say what caused the tiles to slide off the roof was that a neighbor's tree fell on Owen’s roof, knocking down the tiles. Further investigation showed that the tree was poorly maintained, causing shallow roots and making it more vulnerable to falling. Would this fact help or hurt Marshall’s defense? Explain.

e.In your lawsuit against Marshall you seek punitive damages.

i)What are punitive damages?

ii)Will Owen be entitled to punitive damages if he wins? Explain.

f.You file this lawsuit on Owen’s behalf in federal court.  

i)Federal courts can have jurisdiction in two circumstances. List both.

ii)Can Owen file in federal court? Explain.

g.Let’s say Owen does decide to file his lawsuit in California state court. He serves Marshall at his Phoenix, Arizona, headquarters, telling him to come back to San Diego to defend himself. Marshall claims that California does not have jurisdiction over him because he lives out of state. What will be the result? Explain.

h.Before the parties go to trial, both will participate in the Discovery process.

i)What is the purpose of Discovery?

ii)List three Discovery tools, explaining how each can be used.

Eastern Aviation operated both an airline and several restaurants located near airports. During the year just ended, all restaurant operations were discontinued and the following operating results were reported.

All of these amounts are before income taxes unless indicated otherwise. The company's income tax rate is 40 percent. The nonrecurring loss resulted from damage to a warehouse that is not related to the discontinued restaurant operations. Eastern Aviation had 1,000,000 shares of capital stock outstanding throughout the year.

Required:

a. Prepare a condensed income statement, including proper presentation of the discontinued restaurant operations and the nonrecurring loss. Include all appropriate earnings per share figures.

b. Assume that you expect the profitability of Eastern Aviation operations to decline by 5 percent next year, and the profitability of the restaurants to decline by 10 percent. What is your estimate of the company’s net earnings per share next year?

Eastern Aviation operated both an airline and several restaurants located near airports. During the year just ended, all restaurant operations were discontinued and the following operating results were reported.

All of these amounts are before income taxes unless indicated otherwise. The company's income tax rate is 40 percent. The nonrecurring loss resulted from damage to a warehouse that is not related to the discontinued restaurant operations. Eastern Aviation had 1,000,000 shares of capital stock outstanding throughout the year.

Required:

a. Prepare a condensed income statement, including proper presentation of the discontinued restaurant operations and the nonrecurring loss. Include all appropriate earnings per share figures.

b. Assume that you expect the profitability of Eastern Aviation operations to decline by 5 percent next year, and the profitability of the restaurants to decline by 10 percent. What is your estimate of the company’s net earnings per share next year?