Suppose the following weights, in pounds, of 28 one-year-old Labradors are collected: 65.4 70.2 60.5 53.2 72.4 62.8 66.9 65.7 58.7 80.3 70.5 72.0 68.4 92.5 60.8 69.8 72. 7 68.5 78.9 82. 7 56.3 67.2 62.6 48.5 80.4 88.0 78.5 76.0
1. To the nearest thousandth, determine the mean of this sample, and to the nearest hundred-thousandth, determine the deviation
2. Determine and properly label the five-number summary of the data, and use it to find the IQR
3. Calculate the interval of values that would be considered to NOT be outliers, and then state the data values, if any, that ARE outliers.
4. Based on the sample mean and deviation, calculate the z-scores of the min, the max, and the two quartiles. Round to 2 decimal places
In: Statistics and Probability
Newman Manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just completed, Grips earned$3.58per share and paid cash dividends of$1.88per share(D0=$ 1.88$).Grips' earnings and dividends are expected to grow at 40%per year for the next 3 years, after which they are expected to grow 6% per year to infinity. What is the maximum price per share that Newman should pay for Grips if it has a required return of15%on investments with risk characteristics similar to those of Grips?
In: Finance
A firm has debt due next year and the amount is 100. It has cash of 10. It has only 1 project to invest. If the project succeeds, it will generate 1000 cash flow next year and 0, otherwise. Probability of success is 5%. Initial cost of project is 10. If the firm does not invest in the project, it will put 10 cash into risk-free asset. Risk-free return is 2%. Discount rate for the project cash flow is 10%.
In: Accounting
On the last day of the fiscal year, a co-worker asks you to cut a check for $2,000 as a miscellaneous expense for supplies to complete a project for a VIP customer today. You notice the invoice looks a little different from other invoices that are usually processed. You know that by preparing the closing entries tomorrow, the miscellaneous expense will be set to zero for the beginning of the year. Should you write this check today and record the expense or write the check tomorrow? How would the company be affected if the check is written and the invoice ends up being erroneous?
In: Accounting
The ABC Corporation is in its first year of operations, and has the following adjusted trial balance, as of December 31, 2018.
ABC Corporation is a t-shirt manufacturer that leases a multi-use space for all of its needs.
|
Accounts Payable |
$ 1,200 |
|
Accounts Receivable |
$ 3,500 |
|
Accumulated Depreciation - Machinery and Equipment |
$ (1,625) |
|
Accumulated Depreciation - Office Equipment |
$ (1,400) |
|
Cash |
$ 10,400 |
|
Common Stock |
$ 10,000 |
|
Cost of Goods Sold |
$ 60,000 |
|
Depreciation Expense |
$ 3,025 |
|
Interest Expense |
$ 640 |
|
Interest Payable |
$ 640 |
|
Inventory |
$ 7,500 |
|
Machinery and Equipment |
$ 13,000 |
|
Marketing Expense |
$ 3,000 |
|
Notes Payable |
$ 8,000 |
|
Office Equipment |
$ 4,200 |
|
Retained Earnings |
$ - |
|
Salaries Expense |
$ 22,000 |
|
Salaries Payable |
$ 600 |
|
Sales Revenue |
$ 125,000 |
|
Supplies |
$ 1,000 |
|
Supplies Expense |
$ 8,200 |
|
Utilities Expense |
$ 12,000 |
Prepare a classified balance sheet as of December 31, 2019 for ABC Corporation.
Comment on the financial results for this company.
|
ABC Corporation |
|
|
Balance Sheet |
|
|
As of December 31, 2018 |
|
|
Assets |
|
|
Current Assets: |
|
|
Total Current assets |
|
|
Long-Term Assets: |
|
|
Total Assets |
|
|
Liabilities and Stockholders Equity |
|
|
Current Liabilities: |
|
|
Long-Term Liabilities: |
|
|
Total Liabilities: |
|
|
Stockholder's Equity: |
|
|
Total Liabilities and Stockholder's Equity |
|
In: Accounting
The following information relates to ABC Ltd., for the year ended 31st December, 2019.
Sales……………………………………………………………….. Rs.2,000,000.
EBID ………………………………………………………………. 40% of sales.
Ordinary Shares capital of par value Rs.10/each……………… Rs.800,000.
8% Preference shares Capital of par value Rs.100/ each………. Rs.500,000.
10% Bonds payable of par value Rs.1000/each…………………. Rs.400,000.
Reserves and surplus………………………………………………Rs.250,000.
Current liabilities…………………………………………………..Rs.250,000.
Tax rate is 30%.
Market price of share is Rs.20 each.
Dividend payout ratio is 60%.
Required; Compute and comments on each of the following ratios
a)Earning per share. b) Dividend per share.
c)Price earning ration. d) Earning yield ratio.
e)Dividend yield ratio. f) Return on assets.
g)Return on Equity. h) Capital/Assets turn over.
i) Equity multiplier. J) Debt ratio
In: Finance
A 24- year old female was admitted to the hospital complaining of having a repeated episode of severe abdominal pain with bloody diarrhea up to 20 times/day for the past 2 days.
NOTE: (Please provide answers based on while diagnosis the patient-facing Chronic Stress)
In: Nursing
A five-year bond with a yield of 11% (continuously compounded) pays an 8% coupon at the end of each year. a) What is the bond’s price? b) What is the bond’s duration? c) Use the duration to calculate the effect on the bond’s price of a 0.2% decrease in its yield. d) Recalculate the bond’s price on the basis of a 10.8% per annum yield and verify that the result is in agreement with your answer to (c).
**Can you please explain step by step on how to do this question*** and please show formulas used so I can understand how to do it on my own. thank you.
In: Finance
A risky stock is currently trading at $100 and its market value a year later will be either $200 (if certain projects go well for the corporation) or $50 (if things turn out bad for those important projects). There is a one-year zero-coupon bond available with a par value $100 that currently trades for $90. Can you create a portfolio of the stock and the bond that will replicate the payoff of a call option on the stock with strike $100 and expiry in 1 year? Then, can you price the call? Explain carefully how will you do all this.
In: Finance
Cordia Corporation is planning a 15 year project with an initial investment of $2,500,000.
The project will have $400,000 cash inflows per year in years 1-5 ;
$200,000 cash inflows in years 6-10, and
$40,000 cash inflows in years 11-15.
a) Determine this project's intemal rate of return.
b) If Cordia's opportunity cost of capital is 8%, should they accept or reject this project?
c) Explain your reason for your decision in part (b).
In: Finance