Questions
The common stock of Escapist Films sells for $39 a share and offers the following payoffs...

The common stock of Escapist Films sells for $39 a share and offers the following payoffs next year:

                            

Probability Dividend Stock Price
Boom 0.4 $0 $20
Normal economy 0.4 $2 $30
Recession 0.2 $7 $44
Calculate the expected return and standard deviation of Escapist. (Round your answers to 2 decimal places. Use the minus sign for negative numbers if it is necessary.)
Expected rate of return      %
Standard deviation     %
The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year:
Probability Dividend Stock Price
Boom 0.4 $6 $200
Normal economy 0.4 $2 $116
Recession 0.2 $0 $4

                    

The stock is selling today for $95.
Calculate the expected return and standard deviation of a portfolio half invested in Escapist and half in Leaning Tower of Pita. (Round your answers to 2 decimal places. Use the minus sign for negative numbers if it is necessary.)
Expected return of portfolio       %
Standard deviation of portfolio      %
Why is the portfolio standard deviation lower than for either stock’s individually?
The portfolio standard deviation is lower than for either stock’s individually because

In: Finance

Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information...

Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

Standard Quantity Standard Price (Rate) Standard Unit Cost
Direct materials (plastic) 12 sq ft. $ 0.63 per sq. ft. $ 7.56
Direct labor 0.2 hr. $ 10.10 per hr. 2.02
Variable manufacturing overhead (based on direct labor hours) 0.2 hr. $ 0.60 per hr. 0.12
Fixed manufacturing overhead $252,000 ÷ 840,000 units) 0.30

Parker Plastic had the following actual results for the past year:

Number of units produced and sold 940,000
Number of square feet of plastic used 10,810,000
Cost of plastic purchased and used $ 6,594,100
Number of labor hours worked 183,000
Direct labor cost $ 1,775,100
Variable overhead cost $ 128,100
Fixed overhead cost $ 232,000

Calculate Parker Plastic’s fixed overhead spending and volume variances and its over- or underapplied fixed overhead. (Indicate the effect of each variance by selecting "F" for favorable/Overapplied and "U" for unfavorable/underapplied.)

Fixed Overhead Spending Variance
Fixed Overhead Volume Variance
Over- or Underapplied Fixed Overhead

In: Accounting

Write a function ‘filter_wave(wave,n)’ and this will produce a new wave which is a smoothed version...

Write a function ‘filter_wave(wave,n)’ and this will produce a new wave which is a smoothed version of the input ‘wave’ adhering to the following rules. The input parameter n will be explained later in part 2. • In the new wave, for every position i, it is the weighted sum of three positions of the original wave. More preciously, the new wave value in position i will be equal to new_wave[i] = wave[i-1] * 0.2 + wave[i]*0.6 + wave[i+1]*0.2 • Let len(wave) be L. The above calculation requires access to wave[-1] and wave[L] which do NOT exist in the original wave. You may assume that both wave[-1] and wave[L] are 0. • You should NOT modify the original wave input • And all the number in the new wave will be integers. You can simple use the function int() to convert any number into an integer. • Your function should return the new wave as a list.

Finally, modify the function ‘filter_wave(wave,n)’ for n ≥ 0. And this will repeat the filtering n times to the wave accumulatively and produce an even smoother wave. You still need to adhere to the rules mentioned in Part 1. Here is the expected wave for filter_wave(original_wave_sample,10)

In: Computer Science

Problem 15-05 (Algorithmic) Consider the following time series data. Week 1 2 3 4 5 6...

Problem 15-05 (Algorithmic)

Consider the following time series data.

Week 1 2 3 4 5 6
Value 16 13 18 11 15 14
  1. Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places.
    Week Time Series
    Value
    Forecast
    1 16
    2 13
    3 18
    4 11
    5 15
    6 14

    MSE:

    The forecast for week 7:
  2. Use  = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. Round your answers to two decimal places.
    Week Time Series
    Value
    Forecast
    1 16
    2 13
    3 18
    4 11
    5 15
    6 14

    MSE:

    The forecast for week 7:
  3. Use trial and error to find a value of the exponential smoothing coefficient alpha that results in a smaller MSE than what you calculated for alpha = 0.2. Find a value of alpha for the smallest MSE. Round your answer to three decimal places.

    Alpha = ________

Please solve for part C! Thank you !

In: Finance

On November 14, Thorogood Enterprises announced that the public and acrimonious battle with its current CEO...

On November 14, Thorogood Enterprises announced that the public and acrimonious battle with its current CEO had been resolved. Under the terms of the deal, the CEO would step down from his position immediately. In exchange, he was given a generous severance package. Given the information below, calculate the cumulative abnormal return (CAR) around this announcement. Assume the company has an expected return equal to the market return. (A negative value should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 1 decimal place.)

Date Market Return (%) Company Return (%)
Nov 7 1.5 1.1
Nov 8 1.3 1.1
Nov 9 −1.2 0.2
Nov 10 −0.6 −0.4
Nov 11 2.3 1.0
Nov 14 −1.1 2.8
Nov 15 0.1 0.1
Nov 16 0.9 1.7
Nov 17 1.2 0.6
Nov 18 −1.2 0.0
Nov 21 1.3 0.2
Days from Announcement Daily Abnormal Return Cumulative Abnormal Return
−5
−4
−3
−2
−1
0
1
2
3
4
5

In: Finance

Lucy and Henry each have $6516. Each knows that with 0.1 probability, they will lose 85%...

Lucy and Henry each have $6516. Each knows that with 0.1 probability, they will lose 85% of their wealth. They both have the option of buying α units of insurance, with each unit costing $0.1. Each unit of insurance pays out $1 in the event the loss occurs. The cost of the insurance policy is paid regardless of whether the loss is incurred. Lucy's utility is given by ??(?)=?, Henry's utility is given by ??(?)= sqrt(x)

Answer the following:

(If rounding is needed, only round at the end and write your answer to three decimal places.)

a) (0.5 marks) Without insurance, what is the expected value of the loss?  

b) (0.5 marks) For Henry, facing the "lottery " above without any insurance is as bad as losing how many dollars for sure?

c) (1 mark) Find Lucy's utility maximising choice of α. If more than 1 exist, enter the largest α.

d) (1 mark) Now suppose insurance costs $0.2. Find Lucy's utility maximising choice of α. If more than 1 exist, enter the largest α.

e) (1 mark) What is Henry's utility maximising choice of α with the new price of 0.2? If more than 1 exist, enter the largest α.

In: Economics

An increase in revenue always: increases stockholders' equity. increases assets. decreases stockholders' equity. decreases assets. Which...

  1. An increase in revenue always:
    1. increases stockholders' equity.
    2. increases assets.
    3. decreases stockholders' equity.
    4. decreases assets.
  1. Which of the following journal entries would decrease stockholders' equity?
    1. Debit Prepaid Insurance and credit Cash.
    2. Debit Deferred Revenue and credit Service Revenue.
    3. Debit Supplies and credit Accounts Payable.
    4. Debit Insurance Expense and credit Cash.
  1. In April, the Surf and Sand Hotel books and accepts a cash payment for $25,600 for vacation services to be provided during in July. The journal entry recorded in April will include a debit to:
    1. Cash and a credit to Deferred Revenue.
    2. Accounts Payable and a credit to Service Revenue.
    3. Accounts Receivable and a credit to Service Revenue.
    4. Prepaid Expenses and a credit to Service Revenue.

In: Accounting

1. Week 4: Day 2-Case study “Confusion in Motion” Patty is a 74-year-old woman who worked...

1. Week 4: Day 2-Case study

“Confusion in Motion”

Patty is a 74-year-old woman who worked as a hotel custodian. She is constantly pacing the halfway with a broom, sweeping the floor as she goes. Patty has lost 14 pounds in the 3 months since her admission to the nursing home. She is unable to sit at the table long enough to eat her meals and resumes her constant walking after eating only a few bites.

What nursing diagnosis would the nurse assign to Patty’s situation?

What nursing interventions could be used to address the problem? Discuss the care needs of an older adult who responds with answers that indicate depression.

In: Nursing

discuss at least one pro and con of putting a price on a specific environmental good...

discuss at least one pro and con of putting a price on a specific environmental good of your choosing. Using a specific resource or environmental amenity, discuss:

  • What characteristics of the good restrict market valuation?
  • In what instances would we want to put a price on the good?
  • In what cases can a price actually harm the resource in question rather than help it?
  • What estimation techniques did the researchers use in this National Park study and is this tool the best tool for estimating the value of your chosen amenity? Why or why not?
  • In your response to a classmate's post, offer an alternative valuation method and briefly explain why it would be an acceptable tool for the amenity discussed.

200-400 Words

In: Economics

A New York City daily newspaper called "Manhattan Today" charges an annual subscription fee of $108....

A New York City daily newspaper called "Manhattan Today" charges an annual subscription fee of $108. Customers prepay their subscriptions and receive 270 issues over the year. To attract more subscribers, the company offered new subscribers the ability to pay $110 for an annual subscription that also would include a coupon to receive a 40% discount on a one-hour ride through Central Park in a horse-drawn carriage. The list price of a carriage ride is $100 per hour. The company estimates that approximately 30% of the coupons will be redeemed.

Required:

Prepare the journal entry to recognize the sale of 10 new subscriptions, clearly identifying the revenue or unearned revenue associated with each performance obligation.

In: Accounting