In the table below, there are test scores from a dozen students. The test was worth 200 points. The scores in the table are the # of points out of 200. Letter grades will be assigned using the standard grade boundaries given below.
|
Last Name |
First Name |
Test Score |
|
Henry |
David |
190 |
|
Johnson |
Sally |
100 |
|
Olvera |
Samuel |
170 |
|
Chen |
Ken |
175 |
|
Patel |
Andrea |
198 |
|
Johnson |
Terry |
150 |
|
Smith |
John |
165 |
|
Jones |
Jonas |
180 |
|
Swanson |
Summer |
178 |
|
Anderson |
Bryce |
175 |
|
Fish |
Jane |
166 |
|
Ryan |
Kathleen |
143 |
|
Williams |
Pat |
133 |
|
90% |
A |
|
80% |
B |
|
70% |
C |
|
60% |
D |
|
< 60% |
F |
You will need to create a new Excel file for this assignment.
In: Math
In the table below, there are test scores from a dozen students.
The test was worth 200 points. The scores in the table are the # of
points out of 200. Letter grades will be assigned using the
standard grade boundaries given below.
|
Last Name |
First Name |
Test Score |
|
Henry |
David |
190 |
|
Johnson |
Sally |
100 |
|
Olvera |
Samuel |
170 |
|
Chen |
Ken |
175 |
|
Patel |
Andrea |
198 |
|
Johnson |
Terry |
150 |
|
Smith |
John |
165 |
|
Jones |
Jonas |
180 |
|
Swanson |
Summer |
178 |
|
Anderson |
Bryce |
175 |
|
Fish |
Jane |
166 |
|
Ryan |
Kathleen |
143 |
|
Williams |
Pat |
133 |
|
90% |
A |
|
80% |
B |
|
70% |
C |
|
60% |
D |
|
< 60% |
F |
You will need to create a new Excel file for this assignment.
In: Accounting
Examine your last pay check. Determine the percentage of your gross pay that is taken for deductions (including taxes, social security, health care, retirement, etc.). Total these deductions and then divide by your gross pay to determine the percentage. You do not have to disclose the amount of your gross pay or your deductions, but you may share the percentage of your pay that went for these deductions. Does this surprise you? Are there things you could change about this?
In: Finance
A state's environmental agency worries that a larger percentage of cars may be violating clean air standards. In the past, the percentage of cars that violate clean air standards has been 10%. The agency hopes to check a sample of vehicles in order to estimate that percentage with a margin of error of 1% and with 99% confidence.
How many cars should be sampled? Show your work! Formula(s), substitutions, answer! Round your z or t value to 3 decimal places.
In: Statistics and Probability
In the following Table you are given information on Real GDP and Nominal GDP.
Compute the percentage change in Nominal GDP from 1970 to 1980 (15 points) and the percentage change in Real GDP (15 points) from 1970 to 1980.
|
Year |
Nominal GDP (In Current Prices) |
Real GDP (Base Year 2000 Prices) |
|
1970 |
4,000 |
2,000 |
|
1980 |
6,000 |
4,500 |
Where do you attribute the difference between the two percentage changes?
In: Economics
The body temperatures of a group of healthy adults have a bell-shaped distribution with a mean of
98.2198.21degrees°F
and a standard deviation of
0.540.54degrees°F.
Using the empirical rule, find each approximate percentage below.
|
a. |
What is the approximate percentage of healthy adults with body
temperatures within
11 standarddeviationdeviation of the mean, or between97.6797.67degrees°F and98.7598.75degrees°F? |
|
b. |
What is the approximate percentage of healthy adults with body
temperatures between
97.1397.13degrees°F and99.2999.29degrees°F? |
In: Statistics and Probability
Azure has a job order and the following data have been recorded on its job cost sheet: Direct material $50,000 Direct labour hours 1,000 Direct labour wage rate $25 Machine hours 750 hours Number of units completed 800 The company applies manufacturing overhead on the basis of machine hours and the predetermined overhead rate is $20 per machine hour. Management is now considering whether this job order is profitable or not and how does this job order fare compared to the industry benchmark. Required a) Compute the unit product cost that would appear on the job cost sheet for this job. b) Using a mark-up percentage of 20% of the full product cost, how much profit/loss would this job make? c) Considering the industry benchmark for manufacturing overhead for similar jobs is 50% of direct labour, identify whether this job has a manufacturing overhead lower or higher than a similar job using the industry benchmark. Briefly explain what could cause a difference. ?
In: Accounting
| INCOME STATEMENT | |||||||
| YEAR ENDED DECEMBER 31, 200 | |||||||
| Change | Upcoming | ||||||
| Sales | Year | ||||||
| Food | $1,120,964 | ||||||
| Beverage | $ 465,200.00 | ||||||
| Total Sales | $ 1,586,164.00 | ||||||
| Cost of Sales | |||||||
| Food | 35.0% | $ 392,337.00 | |||||
| Beverage | 22.0% | $ 102,344.00 | |||||
| Total Cost of Sales | $ 494,681.00 | ||||||
| Gross Profit | $ 1,091,483.00 | ||||||
| Controllable Expenses | |||||||
| Salaries and Wages | $ 396,541.00 | ||||||
| Employee Benefits | 25.0% | $ 99,135.00 | |||||
| Other Controllable Expenses | $ 275,330.00 | ||||||
| Total Controllable Expenses | $ 771,006.00 | ||||||
| Income Before Occupancy costs | ancy Costs, | $ 320,477.00 | |||||
| Interest, Depreciation, and Income Taxes | |||||||
| Occupancy Costs | $ 75,230.00 | ||||||
| Interest | $ 25,600.00 | ||||||
| Depreciation | $ 79,099.00 | ||||||
| Total | $ 179,929.00 | ||||||
| Restaurant Profit | $ 140,548.00 | ||||||
| 1. Both food and beverage sales are expected to increase by 5 percent. | |||||||
| 2. Food and beverage cost percentages will remain the same. | |||||||
| 3. Salaries and wages will increase by 4 percent. | |||||||
| 4. The cost of employee benefits will increase, but will continue to be the same percentage of salaries and wages. | |||||||
| 5. Other controllable costs will increase by $6500. | |||||||
| 6. Occupancy costs will increase by $2000. | |||||||
| 7. Interest and depreciation will remain the same. | |||||||
In: Accounting
NPVs and IRRs for Mutually Exclusive Projects
Davis Industries must choose between a gas-powered and an electric-powered forklift truck for moving materials in its factory. Because both forklifts perform the same function, the firm will choose only one. (They are mutually exclusive investments.) The electric-powered truck will cost more, but it will be less expensive to operate; it will cost $22,000, whereas the gas-powered truck will cost $17,500. The cost of capital that applies to both investments is 12%. The life for both types of truck is estimated to be 6 years, during which time the net cash flows for the electric-powered truck will be $6,290 per year, and those for the gas-powered truck will be $5,000 per year. Annual net cash flows include depreciation expenses. Calculate the NPV and IRR for each type of truck, and decide which to recommend. Do not round intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places.
| Electric-powered forklift truck |
Gas-powered forklift truck |
||
| NPV | $ | $ | |
| IRR | % | % |
In: Finance
After-tax cost of debt- Personal Finance Problem
Bella Wans is interested in buying a new motorcycle. She has decided to borrow the money to pay the $20,000 purchase price of the bike. She is in the 33% income tax bracket. She can either borrow the money at an interest rate of 4% from the motorcycle dealer, or she could take out a second mortgage on her home. That mortgage would come with an interest rate of 8%. Interest payments on the mortgage would be tax deductible for Bella, but interest payments on the loan from the motorcycle dealer could not be deducted on Bella's federal tax return.
a. Calculate the after-tax cost of borrowing from the motorcycle dealership.
b. Calculate the after-tax cost of borrowing through a second mortgage on Bella's home.
c. Which source of borrowing is less costly for Bella?
d. Should Bella consider any other factors when deciding which loan to take out?
a. The after-tax cost of borrowing from the motorcycle dealership is _____%. (Round to the nearest whole percentage.)
In: Finance