Questions
On Jan 11, 2012, you purchased 100 shares of Apple, Inc., which closed at $167.09. First,...

On Jan 11, 2012, you purchased 100 shares of Apple, Inc., which closed at $167.09. First, you write one contract of the March 2012 $175 call at $3.65. Next, you buy one contract of the March 2012 $160 puts, which are trading at $4.50. What is your profit/ loss diagram of this protective collar? (Please mark ALL the critical points, including the breakeven point, maximum gain, and maximum loss)

In: Finance

Review the attached benchmarking report. First calculate the Upper Quartile, 75% to 100%, Mid Quartile, 25%...

Review the attached benchmarking report. First calculate the Upper Quartile, 75% to 100%, Mid Quartile, 25% to 75%, and the Low Quartile, 0% to 25% for each line item. Then rank the 10 hospitals, from 1 to 10, based on each of the following, each line may have the hospitals ranked differently:

  1. How many beds the hospitals have
  2. Productivity-Unit of Service, UOS/Hours worked
  3. Total Costs-Dollars/UOS
  4. Salary Costs-Dollars/UOS
  5. Supply Costs-Dollars/UOS
  6. Revenue-Dollars/UOS
Hosp  #1 Hosp  #2 Hosp  #3 Hosp  #4 Hosp  #5 Hosp  #6 Hosp  #7 Hosp  #8 Hosp  #9 Hosp #10 Total Upper Quartile Mid Quartile Low Quartile
Number of Hospital Beds 500 250 150 550 425 350 300 200 400 575
Number of Beds Rank
UOS 140,000 95,000 75,000 175,000 135,000 125,000 130,000 80,000 140,000 150,000
Total Revenue $23,000,000 $15,000,000 $13,000,000 $27,000,000 $23,500,000 $20,000,000 $22,000,000 $13,500,000 $24,500,000 $24,000,000
Revenue per UOS $164.29 $157.89 $173.33 $154.29 $174.07 $160.00 $169.23 $168.75 $175.00 $160.00
Revenue per UOS Rank
Total Hours Worked 147,000 123,500 116,250 176,750 189,000 137,500 132,600 84,000 161,000 187,500
Productivity-Hours Worked per UOS 1.05 1.30 1.55 1.01 1.40 1.10 1.02 1.05 1.15 1.25
Productivity Rank
Total Costs $7,140,000 $9,547,500 $7,912,500 $8,487,500 $13,770,000 $6,312,500 $6,467,500 $3,856,000 $7,805,000 $14,775,000
Total Costs per UOS $51.00 $100.50 $105.50 $48.50 $102.00 $50.50 $49.75 $48.20 $55.75 $98.50
Total Cost/UOS-Rank
Total Salary Costs $5,712,000 $6,205,875 $6,330,000 $6,365,625 $11,016,000 $4,734,375 $4,855,000 $2,699,200 $5,073,250 $11,524,500
Salary Costs per UOS $40.80 $65.33 $84.40 $36.38 $81.60 $37.88 $37.35 $33.74 $36.24 $76.83
Salary Costs per UOS Rank
Total Supply Costs $1,428,000 $3,341,625 $1,582,500 $2,121,875 $2,754,000 $1,578,125 $1,612,500 $1,156,800 $2,731,750 $3,250,500
Supply Costs per UOS $10.20 $35.18 $21.10 $12.13 $20.40 $12.63 $12.40 $14.46 $19.51 $21.67
Supply Costs per UOS  Rank

In: Finance

Suppose daily market demand is illustrated in the table below. Let there be 99 other firms...

  1. Suppose daily market demand is illustrated in the table below. Let there be 99 other firms just like yours, for a total of 100 firms in the market, in the short run. Fill in the table below, assuming there are 100 firms and that you each produce the profit-maximizing quantity at each price.

Price

Supply

Demand

0

0

1,600

20

300

1,500

40

560

1,400

60

780

1,300

80

960

1,200

100

1100

1,100

120

1200

1,000

140

1260

900

160

1280

800

180

1260

700

200

1200

600

  1. What is the short-run market price? $100.
  2. At the market equilibrium price, how many flu vaccinations should your company supply per day in the short run? Since there are 100 markets, output would be 1100 units.
  3. At that price, what are your short-run economic profits?
  4. Would there be any reason for you to shut down in the short run?
  5. What do you expect to happen to the number of other firms in this industry in the long run?
  6. In the long run, characterize your economic profits.

I just need D through G.. Thank you

In: Economics

Mary and Sam are the only two growers who provide organically grown corn to a local...

Mary and Sam are the only two growers who provide organically grown corn to a local grocery store. They know that if they cooperated and produced less corn, they could raise the price of the corn. If they work independently, they will each earn $100. If they decide to work together and both lower their output, they can each earn $150. If one person lowers output and the other does not, the person who lowers output will earn $0 and the other person will capture the entire market and will earn $200. The table below represents the choices available to Mary and Sam. Answer the following questions: -What is the best choice for Sam if he is sure that Mary will cooperate? -If Mary thinks Sam will cheat, what should Mary do and why? -What is the prisoner’s dilemma result? -What is the preferred choice if they could ensure cooperation?

A = Work independently; B = Cooperate and Lower Output. (Each results entry lists Sam's earnings first, and Mary's earnings second.)

Mary
Sam A B
A ($100, $100) ($200, $0)
B ($0, $200) ($150, $150)

In: Economics

A firm’s short-run supply curve and market demand curve are given in the following table. The...

A firm’s short-run supply curve and market demand curve are given in the following table. The firm is selling its product in a perfectly competitive market, where there are 100 identical firms. What is the market equilibrium price and quantity?   

Short-run supply curve

Market demand curve

Output

Marginal cost

Price

Quantity demanded

1

50

50

700

2

100

100

500

3

150

150

300

In: Economics

The U.S. Census Bureau announced that the mean sales price of new houses sold in 2016...

The U.S. Census Bureau announced that the mean sales price of new houses sold in 2016 was $370,800. Suppose the sales price follows a normal distribution with a standard deviation of $90,000.

a. (5 points) If you select samples of n = 4, what is the standard error of the mean?

b. (5 points) If you select samples of n = 100, what is the standard error of the mean?

c. (5 points) If you select a random sample of n = 100, what is the probability that the sample mean will be less than $370,000?

d. (5 points) If you select a random sample of n = 100, what is the probability that that sample mean will be between $350,000 and $365,000?

e. (5 points) The U.S. Census Bureau announced that the median sales price of new houses sold in 2016 was $316,500. Can we still assume that the sales price follows a normal distribution? How will this change the shape of the sampling distribution of n = 4 and n = 100?

In: Statistics and Probability

Q3) Maria Garcia has an (arithmetic) annuity immediate that will make 10 annual payments. The first...

Q3) Maria Garcia has an (arithmetic) annuity immediate that will make 10 annual payments. The first payment is P = $1000 and payment increases by Q = $100 from the payment before. The effective annual interest rate is i = 2.75%.

a) Compute both the present and future value of Maria Garcia’s annuity by showing it is equivalent to the following 2 annuities:

• Annuity A: Level pay, $900 for 10 years
• Annuity B: Arithmetic increasing annuity immediate: starts today, lasts 10 years, first payment P’ = $100, increment Q’ = $100.

b) Write down formulas for the PV and FV of any similar arithmetic annuity immediate with first payment P, increment Q, n periods, and effective rate per period i.

In: Finance

Maria paid $3250  interest on a qualified studebt loan during 2019. She is filig a joint return...

Maria paid $3250  interest on a qualified studebt loan during 2019. She is filig a joint return with her husband Julio. Their MAGI is $450,000 . The maximum amount of student loan intrest they may deduct on their return is ?

A $0

B $ 2,250

C $2,500

D $2,853

In: Accounting

What price do farmers get for their watermelon crops? In the third week of July, a...

What price do farmers get for their watermelon crops? In the third week of July, a random sample of 39 farming regions gave a sample mean of x = $6.88 per 100 pounds of watermelon. Assume that σ is known to be $1.88 per 100 pounds.

(a) Find a 90% confidence interval for the population mean price (per 100 pounds) that farmers in this region get for their watermelon crop. What is the margin of error?

(b) Find the sample size necessary for a 90% confidence level with maximal error of estimate E = 0.29 for the mean price per 100 pounds of watermelon.

(c) A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop. What is the margin of error? Hint: 1 ton is 2000 pounds.

In: Math

Rand Medical has a defined benefit pension for which the following pension-related data were available on...

Rand Medical has a defined benefit pension for which the following pension-related data were available on December 31, 2005 (the end of the company’s fiscal period): Projected benefit obligation (PBO): Balance, January 1, 2005 $1,800,000 Service cost 369,000 Interest cost, discount rate, 10% 180,000 Losses (gains) due to changes in actuarial assumptions in 2005 0 Pension benefits paid (189,000) Balance, December 31, 2005 $2,160,000 Plan assets: Balance, January 1, 2005 $ 1,350,000 Actual return on plan assets 135,000 (Expected return on plan assets, $120,000) Contributions 450,000 Pension benefits paid (189,000) Balance, December 31, 2005 $ 1,746,000 January 1, 2005, balances: Unrecognized past service cost (annual amortization $36,000) 216,000 Unrecognized net loss (amortization over 10 years, if needed) 210,000 Unrecognized transition cost 0 Intangible pension asset 0 Prepaid (accrued) pension cost (credit balance) $ (24,000) Required: 1. Calculate Rand’s 2005 pension expense. Show calculations. 2. Prepare Rand’s 2005 journal entry to record pension expense and funding. 3. Reconcile the funded status of the plan with the books at the end of 2005.

In: Accounting