Where does the square root of (1+1/n) factor come from in the prediction interval?
A tolerance interval includes two percentage values. What do the two percentage values represent?
In: Statistics and Probability
Butane is burned with air. No CO is present in the combustion products. Perform a DOF analysis to prove that the molar composition of the product gas can be determined if the percentage excess air and the percentage conversion of butane are specified
In: Other
1a You now need to calculate the cost of debt for Tesla. Consider the following four bonds issued by Tesla: What is the weighted average cost of debt for Tesla using the book value weights and the market value weights? Does it make a difference in this case if you use book value weights or market value weights? 04/20/2020
Why is my book value weights and market value weights percentage the same amount but the total is different? Did I input the formula wrong? Please help
| Book Value | Book Value Weight | Yield to Maturity | Weighted Average Cost | |
| 1 | 1,200,000 | 32.88% | -70.183 | -23.07386301 |
| 2 | 850,000 | 23.29% | -39.192 | -9.12690411 |
| 3 | 1,600,000 | 43.84% | -20.192 | -8.851287671 |
| Total | 3,650,000 | |||
| Weighted Average Cost of Debt (Book Value) | ||||
| Market Value | Market Value Weight | Yield to Maturity | Weighted Average Cost | |
| 1 | 1,380,000 | 32.88% | -70.183 | |
| 2 | 977,500 | 23.29% | -39.192 | |
| 3 | 1,840,000 | 43.84% | -20.192 | |
| Total | 4,197,500 | |||
| Weighted Average Cost of Debt (Market Value) | ||||
Am I doing the formula wrong because I'm getting the same market and book value?
In: Finance
Voice Com, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,010 units of cell phones are as follows:
| Variable costs: | Fixed costs: | |||||||
| Direct materials | $62 | per unit | Factory overhead | $200,200 | ||||
| Direct labor | 38 | Selling and admin. exp. | 69,900 | |||||
| Factory overhead | 26 | |||||||
| Selling and admin. exp. | 20 | |||||||
| Total variable cost per unit | $146 | per unit | ||||||
Voice Com desires a profit equal to a 16% rate of return on invested assets of $599,000.
a. Determine the amount of desired profit from
the production and sale of 5,010 units of cell phones.
$fill in the blank 1
b. Determine the product cost per unit for the
production of 5,010 of cell phones. If required, round your answer
to nearest dollar.
$fill in the blank 2 per unit
c. Determine the product cost markup percentage
(rounded to two decimal places) for cell phones.
fill in the blank 3 %
d. Determine the selling price of cell phones. Round to the nearest dollar.
| Total Cost | $fill in the blank 4per unit |
| Markup | fill in the blank 5per unit |
| Selling price | $fill in the blank 6per unit |
In: Accounting
COST OF CAPITAL ASSIGNMENT
STEPHANIE’S CAJUN FOODS, INC NEEDS TO DETERMINE THEIR COST OF CAPITAL FOR CAPITAL BUDGETING PURPOSES. THEY HAVE ASSEMBLED THE FOLLOWING INFORMATION:
MARKET PRICE OF OUTSTANDING BONDS 95
COUPON RATE – SEMI-ANNUAL PAYMENTS 11.0%
MATURITY VALUE $ 1,000
YEARS TO MATURITY 25
FLOTATION COSTS 2%
CORPORATE TAX RATE 21%
MARKET PRICE OF OUTSTANDING PREFERRED $ 50
PAR VALUE $ 25
DIVIDEND (PERCENTAGE OF PAR) 10%
FLOTATION COSTS 1%
MARKET PRICE OF COMMON STOCK $ 60
CURRENT STOCK DIVIDEND $ 7.50
GROWTH RATE 4.0%
FLOTATION COSTS 5.0%
TARGET CAPITAL STRUCTURE
BONDS 10.00%
PREFERRED STOCK 20.00%
COMMON STOCK 30.00%
RETAINED EARNINGS 40.00%
THE CURRENT CAPITAL STRUCTURE, BASED ON BOOK VALUES, APPEARS AS FOLLOWS:
BONDS $ 20,000,000
PREFERRED STOCK 1,000,000
COMMON STOCK (PAR $10) 30,000,000
RETAINED EARNINGS 80,000,000
CALCULATE: A) THE COMPONENT COSTS OF CAPITAL
In: Accounting
COST OF CAPITAL ASSIGNMENT
STEPHANIE’S CAJUN FOODS, INC NEEDS TO DETERMINE THEIR COST OF CAPITAL FOR CAPITAL BUDGETING PURPOSES. THEY HAVE ASSEMBLED THE FOLLOWING INFORMATION:
MARKET PRICE OF OUTSTANDING BONDS 95
COUPON RATE – SEMI-ANNUAL PAYMENTS 11.0%
MATURITY VALUE $ 1,000
YEARS TO MATURITY 25
FLOTATION COSTS 2%
CORPORATE TAX RATE 21%
MARKET PRICE OF OUTSTANDING PREFERRED $ 50
PAR VALUE $ 25
DIVIDEND (PERCENTAGE OF PAR) 10%
FLOTATION COSTS 1%
MARKET PRICE OF COMMON STOCK $ 60
CURRENT STOCK DIVIDEND $ 7.50
GROWTH RATE 4.0%
FLOTATION COSTS 5.0%
TARGET CAPITAL STRUCTURE
BONDS 10.00%
PREFERRED STOCK 20.00%
COMMON STOCK 30.00%
RETAINED EARNINGS 40.00%
THE CURRENT CAPITAL STRUCTURE, BASED ON BOOK VALUES, APPEARS AS FOLLOWS:
BONDS $ 20,000,000
PREFERRED STOCK 1,000,000
COMMON STOCK (PAR $10) 30,000,000
RETAINED EARNINGS 80,000,000
CALCULATE:
A) THE COMPONENT COSTS OF CAPITAL
In: Finance
A study reports that 36% of companies in Country A have three or more female board directors. Suppose you select a random sample of 100 respondents.
c. The probability is 95% that the sample percentage of Country A companies having three or more female board directors will be contained within what symmetrical limits of the population percentage? The probability is 95% that the sample percentage will be contained above nothing% and below nothing%. (Round to one decimal place as needed.)
In: Statistics and Probability
A study reports that 36% of companies in Country A have three or more female board directors. Suppose you select a random sample of 100 respondents.
c. The probability is 95% that the sample percentage of Country A companies having three or more female board directors will be contained within what symmetrical limits of the population percentage? The probability is 95% that the sample percentage will be contained above nothing% and below nothing%. (Round to one decimal place as needed.)
In: Statistics and Probability
You are the operations manager for an airline and you are considering a higher fare level for passengers in aisle seats. How many randomly selected air passengers must you survey ? Assume that a prior survey suggests that about 53% of air passengers prefer an aisle seat. Assume that you want to be 90% confident that the sample percentage is within 4.5 percentage points of the true population percentage. Round the answer to the nearest large whole number!
In: Statistics and Probability
A programmer plans to develop a new software system. In planning for the operating system that he will use, he needs to estimate the percentage of computers that use a new operating system. How many computers must be surveyed in order to be 95% confident that his estimate is in error by no more than five percentage points question marks? Complete parts (a) through (c) below. a) Assume that nothing is known about the percentage of computers with new operating systems.
In: Statistics and Probability