The mean cost of domestic airfares in the United States rose to an all-time high of $400 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 $100. Use Table 1 in Appendix B.

a. What is the probability that a domestic airfare is $540 or more (to 4 decimals)?

b. What is the probability that a domestic airfare is $260 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 3% highest domestic airfares? (rounded to nearest dollar)
$

US can manufacture semiconductors at $45 a piece. The supply curve is horizontal at $45.

Canada can manufacture them at $ 43 a piece.Their supply curve is horizontal at $43.

China can manufacture them at $40 a piece.Their supply curve is horizontal at $40.

The demand for semiconductors is given by P = 100-0.1 Q.

Fill in the following table.

The average duration of the loans is 10 years. The average duration of the deposits is 3 years.

The bank’s manager expects a 1 percent increase in interest rates from the current rates of 10 percent. Given such expectations, 1) what is the number of T-bond futures contracts necessary to hedge the balance sheet if the duration of the deliverable bonds tied to the futures contracts is 9 years and the current price of the futures contract is $96 per $100 face value?

3. The price of strawberries is $10 a bucket. Three competitive strawberry farmers, X, Y, and Z, face different cost conditions:

3.1. For each farmer, calculate the marginal cost at each output level.

3.2. What are the profit-maximizing output levels of the three farmers, and what are their profits at those outputs?

"A corporation is considering purchasing a vertical drill machine. The machine will cost $66,000 and will have a 2-year service life. The selling price of the machine at the end of 2 years is expected to be $43,000 in today's dollars. The machine will generate annual revenues of $62,000 (today's dollars), but the company expects to have annual expenses (excluding depreciation) of $12000 (today's dollars). The asset is classified as a 7-year MACRS property. The tax rate for the firm is 44%. The general inflation rate is 4% and will impact the annual revenue, annual expenses, and salvage value. What is the real (inflation-free) rate of return for this machine? Express your answer as a percentage between 0 and 100."

A company sold a total of 1,000 units for total sales revenue of $70,000. The company incurred total variable expenses of $38,500 and total fixed expenses of $ 23,310. Based on this, the company reported a total contribution margin of $31,500 and net operating income of $ 8,190. Use this information to answer the following questions. Assume that all units are within the relevant range.

1.Calculate the per-unit contribution margin

2.Calculate the contribution margin ratio.

3. Calculate the increase in net operating income if sales increase to 1,001 units

4.Calculate the net operating income if the selling price increases by $2 per unit and the sales volume decreases by 100 units.

Q. Edmonds has a product that has the following budgeted amounts for January. Sales Price $200, Variable Manufacturing Cost $100, Commission (10% of sales) $20, Contribution Margin $80, Fixed costs $240,000, Maximum Capacity 5,000 units, Expected sales in January 4,500 units. They are approached about a special order for 500 units at $125. The sales commission would be a flat $500 and no other customer would be affected.

2) What is the effect of special order on the income?

Hi,

Working on a project in my group for class and I am having some issues

My part is current state of the business. It is a store and the annual sales are $460,000

Other info I have is:

Ownership and Compensation; Percent Ownership Personal Investment

Mitchell George, Founder & CEO 25% $125,000Katie Beauseigneur, COO 15% $75,000

Melissa Dunnells, CFO15% $75,000

Also, a medium coffee price from store is $3.75

Sarah Griffin, Marketing Officer 10% $50,000

Katharina Ferry, HR Director10% $50,000

Valerie Freeman, Board Memberand Angle Investor 10% , $125,000

Options pool 15%

Total 100%

Any info is helpful

You are considering how to invest part of your retirement savings.You have decided to put $ 100, 000 into three​ stocks: 52 % of the money in GoldFinger​ (currently $ 17​/share), 24 % of the money in Moosehead​ (currently $ 77​/share), and the remainder in Venture Associates​ (currently $ 4​/share). Suppose GoldFinger stock goes up to $ 44​/share, Moosehead stock drops to $ 57​/share, and Venture Associates stock rises to $ 11 per share.

a. What is the new value of the​ portfolio?

b. What return did the portfolio​ earn?

c. If you​ don't buy or sell any shares after the price​ change, what are your new portfolio​ weights?

Assume the following information for Webster Company: Beginning Raw Materials Inventory (Quantity): 200 items Budgeted Ending Raw Materials Inventory (Quantity): 200 items Budgeted direct materials (Purchased): $7,000 Standard quantity of direct materials per unit: 20 items Budgeted production: 100 units Actual Ending Raw Materials Inventory (Quantity): 175 items Actual direct materials costs (Purchased): $7,500 Actual quantity of direct materials used per unit: 19 items Actual production: 150 units

What is Webster’s direct materials price variance? (do not round intermediate calculations, round final answer to the nearest cent)