The blood platelet counts of a group of women have a bell-shaped distribution with a mean of 259.5 and a standard deviation of 66.4. (All units are 1000 cells/muL.) Using the empirical rule, find each approximate percentage below.
a.
What is the approximate percentage of women with platelet counts within 3 standard deviations of the mean, or between 60.3 and 458.7?
b.
What is the approximate percentage of women with platelet counts between 126.7 and 392.3?
In: Statistics and Probability
The blood platelet counts of a group of women have a bell-shaped distribution with a mean of 261.7 and a standard deviation of 65.5. (All units are 1000 cells/muL.) Using the empirical rule, find each approximate percentage below. a. What is the approximate percentage of women with platelet counts within 2 standard deviations of the mean, or between 130.7 and 392.7? b. What is the approximate percentage of women with platelet counts between 65.2 and 458.2?
In: Math
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
An institute reported that
6262%
of its members indicate that lack of ethical culture within financial firms has contributed most to the lack of trust in the financial industry. Suppose that you select a sample of 100 institute members. Complete parts (a) through (d) below.
a. What is the probability that the sample percentage indicating that lack of ethical culture within financial firms has contributed the most to the lack of trust in the financial industry will be between
6060%
and
6767%?
. 5083.5083
(Type an integer or decimal rounded to four decimal places as needed.)b. The probability is
6060%
that the sample percentage will be contained within what symmetrical limits of the population percentage?The probability is
6060%
that the sample percentage will be contained above
nothing %
and below
nothing %.
In: Statistics and Probability
|
Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to maturity, whereas Bond Dave has 11 years to maturity. |
| If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? | |
| If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? | |
|
If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? |
|
|
If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Dave be then? |
|
In: Finance
|
Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to maturity, whereas Bond Dave has 17 years to maturity. |
| If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? | |
| If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? | |
|
If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? |
|
|
If rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Dave be then? |
|
In: Finance
The accompanying data table show the percentage of tax returns filed electronically in a city from 2000 to 2009. Complete parts a through e below.
Year Percentage
2000 25
2001 33
2002 37
2003 38
2004 48
2005 50
2006 55
2007 59
2008 62
2009 64
a) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with alpha= 0.1.
b) Calculate the MAD for the forecast in part a.
c) Forecast the percentage of tax returns that will be electronically filed for 2010 using exponential smoothing with trend adjustment. Set alpha= 0.3 and beta= 0.4.
d) Calculate the MAD for the forecast in part c.
In: Statistics and Probability