"What is the coupon rate of a 10-year, $1000 bond with coupons paid semiannually and a price of $700, if it has a yield to maturity of 10%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write enter 0.05 as an answer."
In: Finance
In: Economics
In: Finance
Last year, 46% of business owners gave a holiday gift to their employees. A survey of business owners indicated that 45% plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 60 business owners.
| (a) | How many business owners in the survey plan to provide a holiday gift to their employees? |
| (b) | Suppose the business owners in the sample do as they plan. Compute the p value for a hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts has decreased from last year. If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations. |
| (c) | Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts has decreased? |
| We - Select your answer -rejectfail to rejectItem 3 the null hypothesis. We - Select your answer -cancannotItem 4 conclude that the proportion of business owners providing gifts has decreased from 2008 to 2009. | |
| What is the smallest level of significance for which you could draw such a conclusion? If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations. | |
| The smallest level of significance for which we could draw this conclusion is ; because p-value - Select your answer -less than or equal togreater thanItem 6 α=0.05, we - Select your answer -rejectfail to rejectItem 7 the null hypothesis. |
In: Statistics and Probability
At the end of the year, Randy’s Parts Co. had the following
items in inventory:
| Item | Quantity | Unit Cost | Unit Market Value |
||||||||
| P1 | 60 | $ | 85 | $ | 90 | ||||||
| P2 | 40 | 70 | 72 | ||||||||
| P3 | 80 | 130 | 120 | ||||||||
| P4 | 70 | 125 | 130 | ||||||||
a. Determine the amount of ending inventory using
the lower-of-cost-or-market rule applied to each individual
inventory item.
b. Provide the adjustment necessary to write down
the inventory based on Requirement a. Assume that Randy’s
Parts Co. uses the perpetual inventory system.
c. Determine the amount of ending inventory,
assuming that the lower-of-cost-or-market rule is applied to the
total inventory in aggregate.
d. Provide the adjustment necessary to write down the inventory based on Requirement c. Assume that Randy’s Parts Co. uses the perpetual inventory system.
In: Accounting
Last year, 46% of business owners gave a holiday gift to their employees. A survey of business owners indicated that 30% plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 60 business owners.
| (a) |
How many business owners in the survey plan to provide a holiday gift to their employees? |
| (b) | Suppose the business owners in the sample do as they plan. Compute the p value for a hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts has decreased from last year. If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations. |
c.
| What is the smallest level of significance for which you could draw such a conclusion? If required, round your answer to four decimal places. If your answer is zero, enter “0”. Do not round your intermediate calculations. |
The smallest level of significance for which we could draw this conclusion is ________?
In: Statistics and Probability
The mean per capita consumption of milk per year is 131 liters with a variance of 841.
If a sample of 132 people is randomly selected, what is the probability that the sample mean would be less than 133.5 liters? Round your answer to four decimal places.
In: Statistics and Probability
In: Finance
Are births equally likely in each month of the year? Perform a complete test of hypothesis using the data below from 2006. Please show calculator or excel steps used. Total: 4,265,555 January: 340,297 Feburary: 319,235 March: 356,786 April: 329,809 May: 355,437 June: 358,251 July: 367,934 August: 387,798 September: 374,711 October: 367,354 November: 351,832 December: 356,111
In: Statistics and Probability
2 For the current year, the average settlement period for trade receivables at Sisi Company was 60 days. This figure is much higher than in previous years. What factors might have contributed to this change in the ratio? (6)
In: Accounting