Questions
Randy and Samantha are shopping for new cars (one each). Randy expects to pay $15,000 with 1/5 probability and $20,000 with 4/5 probability

Scenario 2

Randy and Samantha are shopping for new cars (one each). Randy expects to pay $15,000 with 1/5 probability and $20,000 with 4/5 probability. Samantha expects to pay $12,000 with 1/4 probability and $20,000 with 3/4 probability. Refer to Scenario 2. Which of the following is true? 

A. Randy and Samantha have the same expected expense for the car: $20,000. 

B. Randy has a higher expected expense than Samantha for the car. 

C. Randy has a lower expected expense than Samantha for the car. 

D. Randy and Samantha have the same expected expense for the car, and it is somewhat less than $20,000 

E. It is not possible to calculate the expected expense for the car until the true probabilities are known.

In: Economics

Scenario. A health psychologist conducted a study of the relation of number of hours exercised each...

Scenario. A health psychologist conducted a study of the relation of number of hours exercised each week (as the predictor variable) and number of days sick per year. The results for four individuals studied were as follows.

DATA

Weekly Exercise Hours

Sick Days Per Year

5

6

4

7

0

10

8

5

10

3

2

4

1

8

1.The scale of measurement for the ONE variable is ___________.  

Select from Nominal, Ordinal, Interval, Ratio

2.The scale of measurement for the OTHER variable is ___________.

Select from Nominal, Ordinal, Interval, Ratio

3,Are the results of this study statistically significant? _________  

4.How would you write the results in a writeup? ____________________________

5. Show how the results are likely to be graphed

In: Statistics and Probability

4) In a titration of a 100.0mL 1.00M HA weak acid solution with 1.00M NaOH, what...

4) In a titration of a 100.0mL 1.00M HA weak acid solution with 1.00M NaOH, what is the pH of the solution after the addition of 49.5 mL of NaOH? Ka = 1.80 x 10-5 for HA. (3 significant figures)

**Remember to calculate the equivalence volume and think about in which region along the titration curve the volume of base falls, region 1, 2, 3, or 4**

5) In a titration of a 100.0mL 1.00M HCl strong acid solution with 1.00M NaOH, what is the pH of the solution after the addition of 30.9 mL of NaOH? (3 significant figures)

**Remember to calculate the equivalence volume and think about in which region along the titration curve the volume of base falls, region 1, 2, 3, or 4**

In: Chemistry

In solving the following problem : The local bank pays 4% interest on savings deposits. In...

In solving the following problem :

The local bank pays 4% interest on savings deposits. In a nearby town, the bank pays 1% per quarter. A man who has $3000 to deposit wonders whether the higher interest paid in the nearby town justifies driving there.

1. How much will the man receive after 2 years if he used the local bank? The answer is closest to:

$3123

$3246

$3060

$3186

Q2)

What sum of money now is equivalent to $8250 two years hence, if interest is 4% per 6-month period? The answer is closest to:

Hint : 4% per 6 month means semi annual periods so the n does not equal 2 anymore !

$8,923

$7,052

$8,580

$9,651

In: Economics

The mean cost of domestic airfares in the United States rose to an all-time high of...

The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $105. Use Table 1 in Appendix B.

a. What is the probability that a domestic airfare is $560 or more (to 4 decimals)?

b. What is the probability that a domestic airfare is $250 or less (to 4 decimals)?

c. What if the probability that a domestic airfare is between $300 and $470 (to 4 decimals)?

d. What is the cost for the 2% highest domestic airfares? (rounded to nearest dollar) $ or Select your answer 1. More 2. Less

In: Math

Coronado Company’s record of transactions concerning part X for the month of April was as follows....

Coronado Company’s record of transactions concerning part X for the month of April was as follows.

Purchases

Sales

April     1 (balance on hand) 310 @ $6.20 April     5 510
4 610 @ 6.30 12 410
11 510 @ 6.60 27 1,220
18 410 @ 6.60 28 150
26 810 @ 6.90
30 410 @ 7.20
Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.)
Average-cost per unit $

LINK TO TEXT

Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory $ $ $

LINK TO TEXT

If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory $ $ $

In: Accounting

Skysong Company’s record of transactions concerning part X for the month of April was as follows....

Skysong Company’s record of transactions concerning part X for the month of April was as follows.

Purchases

Sales

April     1 (balance on hand) 250 @ $5.60 April     5 450
4 550 @ 5.70 12 350
11 450 @ 5.90 27 1,100
18 350 @ 6.00 28 150
26 750 @ 6.30
30 350 @ 6.50

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.)

Average-cost per unit

$

Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory

$

$

$

If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory

$

$

$

In: Accounting

Use the information provided below, for Siyeza Traders for the financial year ended 28 February 20.8,...

Use the information provided below, for Siyeza Traders for the financial year ended
28 February 20.8, to answer questions 1 to 3.
Siyeza Traders is an enterprise that sell motor vehicles in the ordinary course of business at a
mark-up of 45% on cost. During the current financial period, Siyeza Traders sold eight motor
vehicles for a cash price of R80 000 each (15% VAT inclusive). Round your answer off to the
nearest Rand.


1. Income earned from the sale of motor vehicles will be classified under ... in the statement
of profit or loss and other comprehensive income.
(1) Other income
(2) Profit on sale of motor vehicle
(3) Revenue
(4) Gains
(5) Finance income

2. Income earned from the sale of motor vehicles will be disclosed in the statement of profit
or loss and other comprehensive income as an amount of … .
(1) R640 000
(2) R441 379
(3) R544 000
(4) R556 520
(5) R352 000


3. Which of the following statement is correct?
(1) VAT on cash sales will be debited to the VAT output account.
(2) VAT on cash sales will be debited to the VAT input account.
(3) VAT on cash sales will be credited to the VAT output account.
(4) VAT on cash sales will be credited to the VAT input account.
(5) VAT output account will be transferred to the debit side of the VAT control account.

In: Finance

Oriole Company’s record of transactions concerning part X for the month of April was as follows....

Oriole Company’s record of transactions concerning part X for the month of April was as follows.

Purchases

Sales

April     1 (balance on hand) 390 @ $7.00 April     5 590
4 690 @ 7.10 12 490
11 590 @ 7.40 27 1,380
18 490 @ 7.50 28 150
26 890 @ 7.80
30 490 @ 8.10

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.)

Average-cost per unit

$

eTextbook and Media

  

  

Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory

$

$

$

eTextbook and Media

  

  

If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to 0 decimal places, e.g. 6,548.)

(1)
FIFO

(2)
LIFO

(3)
Average-cost

Ending Inventory

$

In: Accounting

The Hunicut and Hallock Corporation makes two versions of the same basic file cabinet, the TOL...

The Hunicut and Hallock Corporation makes two versions of the same basic file cabinet, the TOL (Top-of-the-line) five drawer file cabinet and the HQ (High-quality) five drawer filing cabinet. You are reviewing the MRP for the HQ file cabinet. The HQ file cabinet is made up of five drawers with each drawer requiring two bearings, one on each side. Complete the Materials Requirements Plan (MRP) below in order to answer the questions in the quiz.

HQ 1 2 3 4
Gross Requirements 50 0 100 20
Scheduled Receipts 50
Projected Available Balance 22
On-hand
Net Requirements
Planned Order Receipt
Planned Order Release

Lead Time = 1 period; Safety-stock = 10; Lot-size = multiples of 50

Drawers 1 2 3 4
Gross Requirements
Scheduled Receipts 300 200
Projected Available Balance 35
On-hand
Net Requirements
Planned Order Receipt
Planned Order Release

Lead Time = 1 period; Safety-stock = 15; Lot-size = multiples of 100

Bearings 1 2 3 4
Gross Requirements 100
Scheduled Receipts 595
Projected Available Balance 20
On-hand
Net Requirements
Planned Order Receipt
Planned Order Release

Lead Time = 2 periods; Safety-stock = 10; Lot-size ≥ 450

In: Operations Management