1. You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in the account in 15 years?
2. Find the time required for an investment of
5000 dollars to grow to 9000 dollars at an interest rate of 7.5
percent per year, compounded quarterly.
Round your answer to two decimal places
___t years.
3. You deposit $3000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
In: Finance
Prior to graduation high-school class 0f 2000 was surveyed about their plans. The table below displays the results for white and minority students. (The “minority” group includes African-American, Asian, Hispanic, and Native-American students).
|
4-year college |
2-tear college |
Military |
Employment |
Other |
||
|
White Minority |
198 54 |
36 6 |
4 1 |
14 3 |
16 3 |
In: Statistics and Probability
1.
Financial information is presented below:
| Operating expenses | $ 40000 |
| Sales returns and allowances | 2000 |
| Sales discounts | 6000 |
| Sales revenue | 166000 |
| Cost of goods sold | 86000 |
The amount of net sales on the income statement would be
$160000.
$166000.
$158000.
$164000.
2.
Financial information is presented below:
| Operating expenses | $ 60000 |
| Sales returns and allowances | 2000 |
| Sales discounts | 6000 |
| Sales revenue | 140000 |
| Cost of goods sold | 106000 |
Gross Profit would be
$36000.
$32000.
$34000.
$26000.
3.
Novak has the following inventory data:
| Nov. 1 | Inventory | 37 units @ $7.30 each | ||
| 8 | Purchase | 146 units @ $7.85 each | ||
| 17 | Purchase | 73 units @ $7.70 each | ||
| 25 | Purchase | 110 units @ $8.10 each |
A physical count of merchandise inventory on November 30 reveals
that there are 122 units on hand. Ending inventory under FIFO
is
$1932.
$937.
$1886.
$983.
4.
Pharoah Company had the following inventory transactions occur during 2022:
|
Units |
Cost/unit |
|||||
|---|---|---|---|---|---|---|
|
Feb. 1, 2022 |
Purchase |
134 | $56 | |||
|
Mar. 14, 2022 |
Purchase |
231 | $58 | |||
|
May 1, 2022 |
Purchase |
164 | $61 |
The company sold 379 units at $78 each and has a tax rate of 30%.
Assuming that a periodic inventory system is used, and operating
expenses of $2232, what is the company’s after-tax income using
LIFO?
$4856.00
$3901.80
$3399.20
$5574.00
In: Accounting
AV 2000 Inc. has developed a laser disc and a compact disc which have become popular among young adults. Last year's cost and operating data for the two audio-visual products are presented below:
______Per Unit_______
Laser Compact
Disc Disc
Selling price………………………………. $50 $10
Contribution Margin ratio……………….. 60% 20%
______Per Year_______
Sales volume in units……………………. 5,000 15,000
Fixed costs……………...……………….. $99,000
Required:
1. Prepare last year's contribution income statement showing both amount and percent columns for each product and for the company as a whole.
2. Compute the company’s break-even point in dollars using the company's overall CM ratio.
3. Compute each product break-even point in dollars and in units based on the company’s overall CM ratio. Specify amount and units for each product.
In: Accounting
In the early 2000’s, DHL expanded its worldwide air express package delivery service to the US market in direct competition with UPS and FedEx. After several years and more than one billion dollars in losses, DHL admitted defeat in 2008 withdrawing from most US markets while shedding some 15,000 US jobs.
Think back to DHL announcement of its intention to enter the US market. Various stakeholders would greet the prospect of increased competition differently.
In this discussion forum, address the following:
Choose two of the following stakeholder groups, preferably with opposing views, and explain from their perspective why you oppose or support the entry of DHL in the US domestic market:
In: Economics
From historical data, the annual rates of return of S&P 500 stocks from 1985 to 2000 are roughly normally distributed. The mean is 9.4%, and the standard deviation is 18.25%. Treating the next 10 years as a simple random sample. What is the probability that the mean annual rate of return is greater than 3% (the current inflation rate)? Round to 3 decimal places
In: Statistics and Probability
Do questions A-D
Feeding behavior of black bream fish. In Brain and Behavior Evolution (April 2000), Zoologists conducted a study of the feeding behavior of black bream fish. The zoologists recorded the number of aggressive strikes of two black bream fish feeding at the bottom of an aquarium in the 10-minute period following the addition of food. The next table lists the weekly number of strikes and age of the fish (in days).
Week ? ? ? ? ? ? ? ? ?
Number of Strikes ?? ?? ?? ?? ?? ?? ?? ?? ??
Age of Fish (days) ??? ??? ??? ??? ??? ??? ??? ??? ???
We want to fit a straight-line model relating number of strikes(y) to age of fish (x).
a. Find ???? , ???? ??? ???? .
b. Find the least squares estimators ?̂ 0 and ?̂ 1 and give the least squares prediction equation.
c. Give a practical interpretation of the value of ?̂ 1.
d. Find ? 2 , the estimator of the variance ? 2 of the random error term ?.
e. Use the least squares model to estimate the mean number of strikes if the age of fish is 170 days.
f. List the assumptions required for the regression analysis.
g. Is there evidence that age of fish contributes information for the prediction of number of strikes? Conduct a hypothesis test using ? = 0.1.
h. Find a 97 % Confidence interval for ?1.
In: Statistics and Probability
you owe your best friend $2000. because you are short on cash, you
offer to repay the loan over 12 months under the following
condition. the first payment will be $100 at the end of month one.
the second payment will be $100+G at the end of month two. at the
end of month three, you'll repay $100+2G. this pattern of
increasing G amounts will continue for all remaining months.
a. what is the value of G if the interest rate is 0.5 per
month?
b. what is the equivalent uniform monthly payment?
c. repeat part (a) when the first payment is $150 (i.e., determine
G)
In: Economics
Suppose that 2000 pregnant women were identified during their 1st trimester and completed questionnaires about health behaviors, including alcohol consumption. Among the 800 women who drank alcohol during pregnancy, 200 delivered low birth weight (LBW) infants. Among the 1200 who did not drink alcohol during pregnancy, 150 delivered low birth weight babies.
Complete the 2x2 table, labeling the exposure and disease boxes with the proper information. Show all your work for the calculations.
|
Disease: Low birth weight babies |
No Disease: Average birth weight babies |
||
|
Exposure: Alcohol consumption |
|||
|
No exposure: No alcohol |
|||
What type of study design is this?
What is the appropriate measure of association?
Calculate the appropriate measure of association.
Can you calculate the AR% from the information provided? If so, calculate it and explain what it means.
In: Statistics and Probability
Bonnie purchased a 10 year bond on 1/1/2000. The bond was purchased to yield 4% per year convertible quarterly. The coupons are paid at 5% convertible quarterly. The bond is redeemable at par at the amount of 10,000. Bonnie received a coupon on 7/1/2005. What is the amortization of premium of the coupon she just received? 20.28 20.90 19.65 20.32 20.69
In: Finance