Question: At the 10% level of significance, research is conducted to test whether the true proportion of non-registered voters in the state of Florida between the ages of 18 and 44 years is 10%. It is shown that out of 1,260 individuals in the state of Florida, 146 individuals in this age group are non-registered voters. Test the claim that true proportion of non-registered voters between the ages of 18 and 44 years is more than 10%. {Note: Use three decimal places for sample proportion}.
Null Hypothesis :
Alternate Hypothesis :
This is a tail test: {Fill in the blank with either left or right or two}.
Sample proportion: {Fill the blank with sample proportion value rounded to THREE decimal places}
Each category has a count of at least 5 in them: {Based on your understanding of the problem, fill the blank either with true or false}
We use ___ distribution: {Fill the blank with z or t}
Critical value is: {Fill the blank with the critical value; to report a critical value for two tail test just enter the positive value}
Test Statistic: {Fill the blank with the computed test statistic value rounded to TWO decimals}
p-value = {Fill the blank with the computed p-value}
Decision: p-value is the level of significance: {Fill the blank with < or > or = or <>}
At the given level of significance, we have evidence to reject the: {Fill the blank with sufficient or insufficient}.
We conclude that the test is {Fill the blank with significant or insignificant}
In: Statistics and Probability
Match the term to its definition.
1. Decrease in Supply
2. Increase in Quantity Supplied
3. Increase in Demand
4. Decrease in Demand
5. Decrease in Quantity Supplied
6. Increase in Supply
7. Decrease in Quantity Demanded
8. Increase in Quantity Demanded
Select
A. Buyers want less because price increases.
B. Sellers offer more because price increases.
C. Sellers offer less because price decreases
D. Buyers want more because price falls.
E. Buyers want less at every price.
F. Sellers offer less at every price.
G. Sellers offer more at every price.
H. Buyers want more at every price.
In: Economics
|
On an average winter day (3 or 38 ) in a typical house, energy already in the house is lost at the following rates: (i) 2.1 is lost through partially insulated walls and the roof by conduction; (ii) 0.3 is lost through the floor by conduction; and (iii) 1.9 is lost by conduction through the windows. Additional heating is also needed at the following rates: (iv) 2.3 to heat the air infiltrating the house through cracks, flues, and other openings and (v) 1.1 to humidify the incoming air (because warm air must contain more water vapor than cold air for people to be comfortable). On the same day in the same house some thermal energy is supplied by heating in the following amounts: (i) sunlight through windows, 0.5 ; (ii) thermal energy given off by the inhabitants, 0.2 ; and (iii) thermal energy from appliances, 1.2 . |
|
Part A Suppose that the following design changes are made to the house described above: (i) additional insulation of walls, roof, and floors, cutting thermal losses by 60 ; (ii) tightly fitting double- glazed windows with selective coatings to reduce the passage of infrared light, cutting conduction losses by 70 ; and (iii) elimination of cracks, closing of flues, and so on, cutting infiltration losses by 70 . What is the total rate at which energy is lost from this house? Express your answer to two significant figures and include the appropriate units. ANSWER: = -2.6 Please show how to get to answer per professor answer is -2.6 kW |
In: Physics
Find the cash conversion cycle for XYZ in 2018. If the industry averages are 30 days for sales to cash, 75 days for inventory to sales, and 30 days for purchase to payment, where is XYZ performing better or worse than the industry? How does the XYZ cash conversion cycle compare to the industry? Should XYZ address any or all of these differences and why?
Financial Statements for XYZ Corp.
Balance Sheet for Period Ending December 31.
|
Assets |
2017 |
2018 |
|
Cash and Marketable Securities |
40 |
15 |
|
Accounts Receivable |
160 |
80 |
|
Inventories |
250 |
370 |
|
Total Current Assets |
450 |
465 |
|
Gross Plant and Equipment |
675 |
855 |
|
less: Accumulated Depreciation |
250 |
300 |
|
Net Plant and Equipment |
425 |
555 |
|
Total Assets |
875 |
1020 |
|
Liabilities and Equity |
||
|
Accounts Payable |
15 |
30 |
|
Short-term Bank Loans |
35 |
40 |
|
Accrued Liabilities |
55 |
60 |
|
Total Current Liabilities |
105 |
130 |
|
Long-Term Debt |
265 |
360 |
|
Common Stock |
180 |
180 |
|
Retained Earnings |
325 |
350 |
|
Total Equity |
505 |
530 |
|
Total Liabilities and Equity |
875 |
1020 |
Income Statement for the Period Ending December 31.
|
2018 |
|
|
Sales |
1500 |
|
Cost of Goods Sold |
1272 |
|
Gross Profit Margin |
228 |
|
Administrative Expense |
40 |
|
Marketing Expense |
30 |
|
Research and Development |
20 |
|
Depreciation |
50 |
|
Earnings before Interest and Taxes |
88 |
|
Interest Expense |
39 |
|
Income before Taxes |
49 |
|
Income Taxes @ 40% |
20 |
|
Net Income |
29 |
In: Finance
Calculate the following based on 2018 numbers using the attached financial statements for XYZ Corp. Assume the only variable cost is the cost of goods sold.
c) Interpret these values and indicate what you would expect to happen to them if a large addition is made to fixed assets.
Financial Statements for XYZ Corp.
Balance Sheet for Period Ending December 31.
|
Assets |
2017 |
2018 |
|
Cash and Marketable Securities |
40 |
15 |
|
Accounts Receivable |
160 |
80 |
|
Inventories |
250 |
370 |
|
Total Current Assets |
450 |
465 |
|
Gross Plant and Equipment |
675 |
855 |
|
less: Accumulated Depreciation |
250 |
300 |
|
Net Plant and Equipment |
425 |
555 |
|
Total Assets |
875 |
1020 |
|
Liabilities and Equity |
||
|
Accounts Payable |
15 |
30 |
|
Short-term Bank Loans |
35 |
40 |
|
Accrued Liabilities |
55 |
60 |
|
Total Current Liabilities |
105 |
130 |
|
Long-Term Debt |
265 |
360 |
|
Common Stock |
180 |
180 |
|
Retained Earnings |
325 |
350 |
|
Total Equity |
505 |
530 |
|
Total Liabilities and Equity |
875 |
1020 |
Income Statement for the Period Ending December 31.
|
2018 |
|
|
Sales |
1500 |
|
Cost of Goods Sold |
1272 |
|
Gross Profit Margin |
228 |
|
Administrative Expense |
40 |
|
Marketing Expense |
30 |
|
Research and Development |
20 |
|
Depreciation |
50 |
|
Earnings before Interest and Taxes |
88 |
|
Interest Expense |
39 |
|
Income before Taxes |
49 |
|
Income Taxes @ 40% |
20 |
|
Net Income |
29 |
In: Finance
Question 36
True or false: With advancements in technology, more and more costs that once were classified as "indirect" can now be economically traced and thus become "direct"
True
False
Question 37
True or false: "Cost of Goods Sold" divided by the units sold is an accurate estimate of variable costs per unit in CVP analysis.
True
False
question: 38
A restaurant has a variety of costs including utilities, table napkins, potatoes & building rent. Which of these costs would most likely be classified as "fixed/indirect"
in relation to the cost of a chicken dinner
a) utilities
b) rent
c) napkins
d) potatoes
Question: Company "Q" produces 3 products referred to as "One", "Two" & "Three", who last month used the following, respectfully: $1,000, $2,000 and $3,000 worth of production labour; 100, 100 and 200 hours of machining hours; 20, 60 and 100 hours of inspection services. Last month indirect costs totaled as follows: inspection costs totaled $4,500, supervision costs totaled $24,000, and machine maintenance costs totaled $8.000.
Last month indirect costs for product lines "One", "Two" and "Three" totaled respectfully:
a) $18,500, $11,500, $6,500
b) $11,500, $18.500, $6,500
c) $6,500. $11.500, 18,500
d) $12.167 for each product line
In: Accounting
PLS THIS IS MY LAST CHANCE ON THE HOMEWORK PLS REVIEW CAREFULLY THANKS
Tom hires workers to pack the tomatoes he grows. The market for tomatoes is perfectly competitive, and the price of tomatoes is $2 a box. The labor market is competitive, and the market wage rate is $16 an hour. The table shows theworkers' total product schedule.
1.
Calculate the marginal product of the third worker hired and that worker's value of marginal product.
The marginal product of the third worker hired is ...................... and that worker's value of marginal product is
$ .....................
|
Number of workers |
Quantity produced (boxes packed per hour) |
|
1 |
14 |
|
2 |
26 |
|
3 |
36 |
|
4 |
44 |
|
5 |
50 |
2..
If the wage that a competitive firm must pay its workers exceeds their value of marginal product, the firm will
A.
increase the quantity of labor it employs.
B.
decrease the quantity of labor it employs.
C.
lower the price of the good.
D.
raise the price of the good.
In: Economics
The Standard and Poor’s index retuned 8% in 1993 when treasury rates were
2%. Hall Industries had a beta of 1.12. Hall Industries also has two bonds
outstanding in equal amounts that yield 3% and 4% respectively. Hall
Industries also has a preferred stock that yields 5%. The following weights
are stocks 50%, bonds 20% and 20% and the preferred stock 10%. What is
the Weighted Average Cost of Capital for Hall industries in1993 if taxes
are .32%?
In: Finance
Good Scent, Inc., produces two colognes: Rose and Violet. Of the two, Rose is more popular. Data concerning the two products follow:
| Rose | Violet | |
|---|---|---|
| Expected sales (in cases) | 50,000 | 10,000 |
| Selling price per case | $100 | $80 |
| Direct labor hours | 36,000 | 6,000 |
| Machine hours | 10,000 | 3,000 |
| Receiving orders | 50 | 25 |
| Packing orders | 100 | 50 |
| Material cost per case | $50 | $43 |
| Direct labor cost per case | $10 | $7 |
The company uses a conventional costing system and assigns overhead costs to products using direct labor hours. Annual overhead costs follow. They are classified as fixed or variable with respect to direct labor hours.
| Fixed | Variable | ||
|---|---|---|---|
| Direct labor benefits | $ — | $200,000 | |
| Machine costs | 200,000* | 262,000 | |
| Receiving department | 225,000 | — | |
| Packing department | 125,000 | — | |
| Total costs | $550,000 | $462,000 |
* All depreciation
Required:
1. Using the conventional approach, compute the number of cases of Rose and the number of cases of Violet that must be sold for the company to break even. In your computations, round variable unit cost to the nearest cent and round the number of break-even packages to the nearest whole number.
| Break-even cases of Rose | cases |
| Break-even cases of Violet | cases |
2. Using an activity-based approach, compute the number of cases of each product that must be sold for the company to break even. In your computations, round all computed amounts to the nearest cent and round the number of break-even packages to the nearest whole number.
In: Accounting
You are considering investment in a project which will cost $50 million which will be depreciated to 0 over the next 3 years. The project will generate revenues of $13 million per year for the next 6 years with no expenses (other than depreciation). The company’s cost is capital is 8% and the corporate tax rate is 40%. After the 6 years, the project ends. What is the NPV of the project?
In: Finance