Questions
1. PRICE SHARES Company A B C A B C Day 1 $14 $21 $55 500...

1.

PRICE SHARES
Company A B C A B C
Day 1 $14 $21 $55 500 390 270
Day 2   11   22   60 500 390 270
Day 3   15   42   58 500 195a 270
Day 4   10   44   27 500 195 540b
Day 5   12   43   29 500 195 540
aSplit at close of day 2.
bSplit at close of day 3.

Calculate a Standard& Poor's Index for days 1 through 5 using a beginning index value of 10. Do not round intermediate calculations. Round your answers to three decimal places.

Day 1:

Day 2:

Day 3:

Day 4:

Day 5:

2.

PRICE SHARES
Company A B C A B C
Day 1 $13 $25 $53 450 400 210
Day 2   11   20   58 450 400 210
Day 3   14   50   60 450 200a 210
Day 4   15   52   28 450 200 420b
Day 5   11   50   30 450 200 420
aSplit at close of day 2.
bSplit at close of day 3.

Calculate a Dow Jones Industrial Average for days 1 through 5. Do not round intermediate calculations. Round your answers to three decimal places.

Day 1:  

Day 2:  

Day 3:  

Day 4:  

Day 5:  

In: Finance

Mikeco wants to prevent an un-friendly take over and on 3/15/18 purchase 1,500,000 shares of its'...

Mikeco wants to prevent an un-friendly take over and on 3/15/18 purchase 1,500,000 shares of its' common stock on the NYSE for $25 per share. The take over failed and on 8/23/18 Mikeco sold 1,000,000 shares of the stock it purchased on 3/15/18 for 32 per shear. On 12/28/18 Mikeco sold and additional 200,000 shears of its' Treasury Stock for 22 per share.

a. Required: Make all the required entries to record the information given above.

On 8/1/18 Allico Inc.s' board of directors declared a .20 cash dividend on all of its common stock.  The ex-dividend date was 8/27/18 and the date of record was 8/31/18.  The date of payment was 9/15/18.  On 8/1/18, Allico Inc. had 16,000,000 shares of common stock authorized with 7,000,000 issued and 500,000 shares held as treasurary stock.

b. Required: Make all the required entries to record the information given above.

On 3/15/18 DomCo Inc. issued 500,000 shares of $8.00 par value preferred stock. The company received $20 per share for the stock. On 3/31/18 company issued 1,000,000 shares of no par value common stock for $35 per share.

c. Required: Make the required Journal entries for both 3/15/18 and 3/31/18 for the issuance of both preferred and common stock.

DATE

ACCOUNT

DR

CR

In: Accounting

FIllmore Company began operations on Sept. 1 by purchasing$6,000 of inventory and $600 of cleaning...

FIllmore Company began operations on Sept. 1 by purchasing $6,000 of inventory and $600 of cleaning supplies.  During the month, the company generated $7,500 of sales revenue. On Sept. 30, the company had $2,100 of inventory remaining, along with $400 of cleaning supplies. What was FIllmore Company's gross profit for the month of September?Note 3,400 is wrong somehow!

In: Accounting

Use the Lagrange multiplier method to identify the stationary point(s) of the function ?(?, ?, ?)=10?...

Use the Lagrange multiplier method to identify the stationary point(s) of the function ?(?, ?, ?)=10? + 5? + ? + 2?^2 + 4?? + ?^2 + 2?? - ?^2 - ??, subject to the constraint 5? + 3? + ? = 27. Subsequently determine the nature of the stationary point(s) using the bordered Hessian matrix.

In: Advanced Math

A sample of size 27 will be drawn from a population with mean 4 and standard...

A sample of size 27 will be drawn from a population with mean 4 and standard deviation 3.

(a) Is it appropriate to use the normal distribution to find probabilities for x?

(b) If appropriate find the probability that x will be greater than 2.

(c) If appropriate find the

40th percentile of x.

In: Statistics and Probability

The following are distances (in miles) traveled to the workplace by 17 employees of a certain...

The following are distances (in miles) traveled to the workplace by 17 employees of a certain hospital.

9, 27, 31, 18, 1, 28, 13, 32, 3, 18, 29, 16, 2, 37, 14, 22, 11

What is The 25th percentile?

What is the 70th percentile?

In: Statistics and Probability

Problem 3.An exam has 30 multiple choice questions. Each question has five answer choices, ofwhich exactly...

Problem 3.An exam has 30 multiple choice questions. Each question has five answer choices, ofwhich exactly one is correct. In how many different ways can a student who answers all questionsget at least 27 of them correct?

In: Statistics and Probability

What are the five main differences between a Income statement that is produced by a for-profit...

What are the five main differences between a Income statement that is produced by a for-profit company versus a local government Statements of Revenue, Expenditures and Changes in Fund Balances?

In: Accounting

If rice is an inferior, then: A decrease in income causes increase in quantity demanded, shifts...

  1. If rice is an inferior, then:

  1. A decrease in income causes increase in quantity demanded, shifts D curve to the right
  2. A decrease in income causes increase in quantity demanded, shifts S curve to the right
  3. A decrease in income causes increase in quantity demanded, shifts D curve to the left
  4. A decrease in income causes increase in quantity demanded, shifts S curve to the left

  1. Suppose a producer is able to separate customers into two groups, one having an inelastic demand and the other having an elastic demand. If the producer’s objective is to increase total revenue, he should:

  1. Decrease the price charged to customer with the elastic demand and increase the price charged to customer with the inelastic demand
  2. Increase the price for both groups of customers
  3. Increase the price charged to customer with the elastic demand and decrease the price charged to customer with the inelastic demand
  4. decrease the price for both groups of customers

  1. Which of the following is likely to have the most price inelastic demand?
  1. MP3 players
  2. Laptop computers
  3. Designer jeans
  4. School fees for students

  1. If chicken is a normal good, then:
  1. An increase in income causes increase in quantity demanded, shifts D curve to the left
  2. An increase in income causes increase in quantity demanded, shifts S curve to the left
  3. An increase in income causes increase in quantity demanded, shifts D curve to the right
  4. An increase in income causes increase in quantity demanded, shifts S curve to the right

In: Economics

1) One out of every 92 tax returns that a tax auditor examines requires an audit....

1) One out of every 92 tax returns that a tax auditor examines requires an audit. If 50 returns are selected at random, what is the probability that less than 3 will need an audit? 0.0151 0.9978 0.0109 0.9828

2) Sixty-seven percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 20 of them have looked at their score in the past six months? 0.142 0.550 0.692 0.450

3) Ten rugby balls are randomly selected from the production line to see if their shape is correct. Over time, the company has found that 89.4% of all their rugby balls have the correct shape. If exactly 6 of the 10 have the right shape, should the company stop the production line? No, as the probability of six having the correct shape is not unusual Yes, as the probability of six having the correct shape is not unusual No, as the probability of six having the correct shape is unusual Yes, as the probability of six having the correct shape is unusual

In: Math