In: Economics
A company is trying out a new marketing plan. Prior to the new campaign, store sales per week were $5000. The new method is trialled in 15 randomly selected stores. The sample provided sales figures with a sample mean of $5500 and a standard deviation of $800. Can the company conclude that the new marketing plan works? Use ? = 0.01 and the following template to answer the question.
HO:
H1:
Level of Significance:
Test Statistic and Associated Sampling Distribution:
Calculation and Decision:
Conclusion:
What assumptions need to be made in order to undertake this test?
Indicate the test statistic and p-value on a bell curve.
In: Statistics and Probability
The new U.S. tax code for income taxes has now a new cap on the deduction of state tax + property taxes. Now the deduction is limited to $10,000 maximum a year for all real estate taxes paid + state tax. How do you think this policy is going to affect the housing market in the short and long run in the states that have high state tax and high property tax like New York or California? Use the residential investment model, use the graphs.
In: Accounting
"Financial Accounting Income vs. Taxable Income"
Your new client, Barbara, has just formed a new corporation that provides consulting services to couples contemplating marriage. Help Barbara understand her company’s financial situation better by identifying two items of income and two items of expense that cause a company’s financial income to be different than its taxable income. Explain to her how her tax return reporting should be done as well as how tax obligations will need to be handled.
In: Accounting
"Financial Accounting Income vs. Taxable Income"
In: Accounting
1. Fractional reserve banking is
I. feasible because new deposits typically just about offset new withdrawals
II. requires regulation in order for it to exist
III. an example of financial innovation
| I, II, and III |
| I only |
| I and III only |
|
I and II only 2. There is typically a spread between interest rates that lenders pay and interest rates that borrowers receive. The spread between the two reflects
|
In: Finance
Mullum Ltd is considering purchasing new laptop computers. The new laptops have an up-front cost (t=0) of $2,400,000. The laptops are expected to have a four-year life, and will be fully depreciated on a straight-line basis over four years. The company anticipates that after four years, the salvage value will be $200,000. If Mullum goes ahead with the proposed product, it will have an effect on Mullum’s net working capital. At the outset, t = 0, net working capital will increase by $100,000. At t = 4, the net operating working capital will be recovered after the project is completed. The new laptops are expected to generate additional revenue of $1,800,000 every year in the four years (t=1, 2, 3, and 4). Each year the operating costs (not including depreciation) are expected to be 50 percent of sales revenue. To fund the project, Mullum will have to borrow $1,000,000 at 6% annual interest rate from the bank and will pay additional annual interest payment of $600,000 starting from year 1. Cost of capital is estimated to be 12 percent per annum. The corporate tax rate is 40 percent. (a) Calculate the project’s free cash flows in year 0 and show your calculations. (1 mark) (b) Calculate the project’s free cash flows from years 1 to 3 and show your calculations. (c) Calculate the project’s free cash flows from year 4 and show your calculations. (d) What is the Net Present Value (NPV) of this project (round to 2 decimal places)? Is it worthwhile to buy the new laptop computers? Explain your answer.
In: Finance
android studio
-Starting with a basic activity, create a new Java class (use File->New->Java class) called DataBaseManager as in Lecture 5 and create a database table in SQLite, called StudentInfo. The fields for the StudentInfo table include StudentID, FirstName, LastName, YearOfBirth and Gender. Include functions for adding a row to the table and for retrieving all rows, similar to that shown in lecture 5. No user interface is required for this question, t
-Continuing from , follow the example in the lecture notes 5, create a menu (or action bar items) for “Add A Record” and “View Records”. When the menu item “Add A Record” is selected, the program shows a form for entering student information. The data will be added into the database table StudentInfo. When the menu item “View Records” is selected, the program shows all records of all students.
In: Computer Science
MARKETING DEBATE—Whom Should You Target With New Products?
Some new products experts maintain that getting close to customers through intensive research is the only way to develop successful new products. Other experts disagree and maintain that customers can’t possibly provide useful feedback on what they don’t know and can’t provide insights that will lead to breakthrough products.
If you feel that customer research is not appropriate for this company, identify the research processes that you would use.
In: Operations Management
Two quality control experts want to test the null hypothesis that a new solar panel is no more effective than an older model. What is the consequence of a Type I error in this context?
Group of answer choices
concluding the new panels are no more effective when in fact they are.
concluding the new panels are more effective when in fact they are not.
it is not possible to make a Type I error in this case; whether the new panels are no more effective depends on scientific evidence.
concluding the new panels are more effective when in fact they are.
concluding the new panels are no more effective when in fact they are not.
AND
What is the consequence of a Type II error in the context of the previous question?
Group of answer choices
it is not possible to make a Type II error in this case; whether the new panels are no more effective depends on scientific evidence.
concluding the new panels are more effective when in fact they are not.
concluding the new panels are no more effective when in fact they are.
concluding the new panels are no more effective when in fact they are not.
concluding the new panels are more effective when in fact they are.
In: Statistics and Probability