Suppose that a beachgoer uses two lenses from a pair of disassembled polarized sunglasses and places one on top of the other. What would he observe if he rotates one lens 90° with respect to the normal position of the other lens and looks through them directly at the sun overhead?

Group of answer choices

Light with an intensity that is the same of what it would be with one lens

Light with an intensity reduced to about 50% of what it would be with one lens

Complete darkness, since no light would be transmitted

Light with an intensity reduced to about 25% of what it would be with one lens

A survey was conducted to determine whether hours of sleep per night are independent of age. A sample of individuals was asked to indicate the number of hours of sleep per night with categorical options: fewer than 6 hours, 6 to 6.9 hours, 7 to 7.9 hours, and 8 hours or more. Later in the survey, the individuals were asked to indicate their age with categorical options: age 39 or younger and age 40 or older. Sample data follow.

(A) Conduct a test of independence to determine whether hours of sleep are independent of age.

State the null and alternative hypotheses.

H₀: Hours of sleep per night is independent of age.
H_a: Hours of sleep per night is not independent of age. CORRECT!

Find the value of the test statistic. (Round your answer to three decimal places.)

What is the p-value? (Round your answer to four decimal places.)

Using a 0.05 level of significance, what is your conclusion?

Do not reject H₀. We cannot conclude that hours of sleep per night and age are not independent. CORRECT!

(B)

What is your estimate of the percentages of individuals who sleep fewer than 6 hours, 6 to 6.9 hours, 7 to 7.9 hours, and 8 hours or more per night?

Fewer than 6    %

6 to 6.9 %

7 to 7.9 %

8 or more %

Redbud began operations at the beginning of Year 1, and has one depreciable asset with an original cost of $200, acquired at the start of Year 1. Redbud uses straight-line depreciation over 5 years for financial reporting and MACRS (3-year asset). Information about carrying value and tax basis of the asset is found in the table below.

In Years 1 and 2, Redbud had a small amount of positive net income and positive taxable income. In Year 3, Redbud experienced a $2,000 loss for net income. Redbud is not in an industry that is eligible for the carryback option, so Redbud will carry the loss forward. Redbud’s tax rate is 20%.

Requirements:

1. Calculate the net operating loss for Year 3.
2. Prepare the journal entry to record income taxes for Year 3.
3. Assume that Redbud only expects to realize 60% of the tax carryforward in future years. Prepare the necessary journal entry to adjust for this expectation.
4. In Year 4, Redbud earned net income of $200. Prepare the journal entry to record income taxes.

Patient Profile: Candace is a 23-year-old, G1P1, MWF, who delivered a 7 pound 8 ounce baby boy three weeks ago at the local birth center. She is very happy about the birth and is adjusting well to motherhood. She breastfed her baby a few minutes after the birth and has continued to exclusively breastfeed him. She intends to breastfeed for at least a year probably starting him on solid foods around six months. Prior to the pregnancy, Candace was a busy office executive in a local shipping firm. She is on a six-week leave of absence. She plans to pump her breast milk for the baby when she returns to work. She is hoping that her mother-in-law who will be caring for the baby, will be able to bring the baby to her workplace at least once a day at noon to breastfeed and then give the baby the breast milk she has left from a bottle for the other feedings. Her mother-in-law will be arriving from out of state in two weeks. Candace is a very “in control person.” She plans everything in her life, and up to this point the world has respected her wishes.

Case Study: Candace called the birth center this morning crying. Her breast on the left side is so sore she cannot stand to have the baby nurse on that side, and to make matters worse, that is the only side the baby will take. For the last 12 hours the baby seems to want to nurse all the time or just cries and sucks his fist. She feels sick, cannot get anything done at home and at 2 p.m. is still in her pajamas with last night’s dinner and this morning’s breakfast dishes still in the sink. She and her husband had an argument this morning and he left for work angry and overtired after getting no sleep all night from the baby crying. He just wants her to stop being so stubborn, since she obviously doesn’t have enough milk, and give the baby some formula. Her car has broken down and she has no other source of transportation. The nurse working at the birth center offers to make a home visit.

Questions:

1. Prior to arriving at the home, what problems does the nurse anticipate at this visit?

2. Make a list of the quesitons that the nruse will ask Candace at the home visit.

3. Make a list of the observations that need to be made at the home visit.

4. Explain the process of supply and demand as it aplies to breastfeeding and milk supply.

5. Why does it appear to Candace’s husband that Candace has lost her milk?

6. On arrival the nruse find that Candac’s left breast mipple is cracked and bleeding slightly. The nurse also notes that Candace has a fever of 101.2, seems lethargic, and has an area the size of a quarter on the underside of her right breast that is firm, red, and warm. Candace tells the nruse that she feels like she has the flu. What is Candace’s problem, what probably caused it and what is the nurs’es next action?

7. The CNM at the birth center calls in a prescription for ampicillin 500 mg po qid for 10 days. Candace starts crying and asks if this means she can no longer breastfeed. What is the nruse’s best response?

8. Outline a teaching plan to reduce the possibility of Candace having another mastitis infection.

9. Why did the baby only want to nurse on the left side?

10. How can the nurse help Candace get him to also nurse on the right side?

11. Where can the nurse refer Candace for support with her breastfeeding?

12. Candace plans to return to work in two weeks. Make a list of decisions and possible problems that she will have to work through during these next two weeks, and after she returns to work, to prepare her and the baby for this transition. Provide alternative suggestions for her to consider.

13. Identify three priority concepts for Candace and three goals for each concept.

Two television stations compete with each other for viewing audience. Local programming options for the 5:00 P.M. weekday time slot include a sitcom rerun, an early news program, or a home improvement show. Each station has the same programming options and must make its preseason program selection before knowing what the other television station will do. The viewing audience gains in thousands of viewers for Station A are shown in the payoff table.

Determine the optimal strategy for each station. Round your answers to two decimal places. If your answer is zero, enter zero "0".

The optimal strategy is for Station A to implement:

strategy a₁ with probability ?

strategy a₂ with probability ?

strategy a₃ with probability ?

The optimal strategy is for Station B to implement:

strategy b₁ with probability ?

strategy b₂ with probability ?  

strategy b₃ with probability ?

What is the value of the game? Round your answer to two decimal places.

The value of the game =

Note:Please show how to solve for probability value for a1, a2, a3, b1, b2, b3, and the value of the game.

Agenda Item #5: The Spread Network L.L.C. Story. – Capital Budgeting

Speed of information has always played a key role in history, and this also applies equally to financial markets. Legend has it, that in 1815 Nathan Rothschild was able to exploit the early information he received (by way of pigeon it is said) of the victory against Napoleon at Waterloo to make a tidy sum. A few ₤100,000 when the average annual salary was just ₤50. Fast-track 184 years to 2009, and the Spread Network has concocted a plan to build the first and fastest, dedicated fibre optic route between two stock exchanges[1].  It plans to connect the Chicago Mercantile Exchange with the NASDAQ exchange in New Jersey, roughly 1400 km’s one way or 2800km return trip. It will require signal boosters every 100 km or so. To elaborate on ‘speed’, they aimed to reduce the time it took to submit a purchase order (offer) for financial assets (like shares), and receive confirmation of the offer price (acceptance of offer), from 14.65 milliseconds to 12.9 milliseconds[2]. About 1/10th of the time it takes to blink. This was unprecedented at the time, and it was hoped that by shaving around 1 and a half thousandths of a second off the travel time it could be leased to high frequency traders and investment banks for millions of dollars per month.

You snagged an internship at J.P. Morgan investment bank within the corporate finance division, and it is up to you to determine the viability of this project. So, what is speed worth?

The project will last for 8 years, beginning in 2011 (year 0) and ending in 2019 (year 8). Depreciation is straight line to zero, and taxation (at the time) is 35% in the United States. In any year with a negative EBIT, there is no tax. The capital investment for the fibre line project is $350,000,000 (invested in year 0), including costs of amplification sites, earthmoving equipment, easements etc. Working capital is expected to be $60,000,000, returned at the end of the project. A 24 hours a day, 7 days a week maintenance team is required to ensure 99.99% operational capacity, costing $60 million per year, and increasing at 3% per year. The project success hinges on access to the fibre ports in the exchanges, they know this and charge $50,000,000 per year (combined), declining by 5% p.a. as demand declines.          A team of surveyors and builders who inspected the 1400 km path cost $1.5 million. At the end of the project, the technology is obsolete for its purpose in investment banking, but it can be sold to a telecom provider (contributing to the revenue for year 8) for $127,000,000. Revenue is subscription based at $3,600,000 per year, per subscription. In year 1 there will be 200 subscriptions, year 2 is 150, year 3 is 100, year 4 is 50. In year 5, 6, 7, 8 only 20 subscriptions are taken in per year. The all-important discount rate is 14.5%.

Your manager’s guidance: In addition to presenting the NPV and IRR (and associated advice), your manager likes to scope out as many dimensions of a potential business decision as possible before providing the report. They might like to know how changes to revenues or costs might affect the viability of the project, including how this may impact the NPV and IRR. Another factor is the sensitivity of the cost of capital. Ensure your spreadsheet can cope with changes to these variables on the fly.

Requirement: Using below Stockholders' Equity and below transactions, prepare T-accounts for each stockholders' equity account.

Hawkins has two classes of shares: 1) 5% preferred with $10 par value, and 2) common stock with $1 par value.

Mrs. Wheeler was able to to recall the following transactions that occured during 2017:

1/1/17: Issues 400,000 shares of common stock at $31 per share. The underwriter charged a 3% fee for issuing the shares.

1/1/17: Issued 500,000 shares of its preferred sotck at $40 per share. The shares were privately placed and Hawkins did not pay share issue costs.

3/1/17: Purchased 220,000 shares of common stock at $35 per share.

6/30/17: Decalred a $450,000 dividend for the first half of the year.

7/1/17: Sold 105,000 of the treasury shares at $44 per share ( the company uses the FIFO method when determining par value of sold treasury shares)

9/1/17: Declared a distributed property dividend of shares of stock in Byers Corp Hawkins' purchased 3,570,000 shares of Byers Corp in 2016 for 28,560,000. On 9/1/17, shares of Byers Corp were trading at $1/50 per share.

12/31/17: Hawkins' reported a net income of $5,325,691 (which includes the effects of the transactions listed above.

You may need to use the appropriate technology to answer this question.

Develop the analysis of variance computations for the following completely randomized design. At α = 0.05, is there a significant difference between the treatment means?

State the null and alternative hypotheses.

H₀: μ_A = μ_B = μ_C
H_a: Not all the population means are equal.H₀: At least two of the population means are equal.
H_a: At least two of the population means are different.    H₀: μ_A = μ_B = μ_C
H_a: μ_A ≠ μ_B ≠ μ_CH₀: μ_A ≠ μ_B ≠ μ_C
H_a: μ_A = μ_B = μ_CH₀: Not all the population means are equal.
H_a: μ_A = μ_B = μ_C

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

Reject H₀. There is sufficient evidence to conclude that the means of the three treatments are not equal.Reject H₀. There is not sufficient evidence to conclude that the means of the three treatments are not equal.    Do not reject H₀. There is not sufficient evidence to conclude that the means of the three treatments are not equal.Do not reject H₀. There is sufficient evidence to conclude that the means of the three treatments are not equal.

Which one of the seven categories that form the Baldrige criteria is the most significant, and why?

*Remembering that the purpose of Baldrige Performance Excellent is quality improvement, so please explain the response with a focused purpose.

The hypothesis is that the mean BMI of the students is lower than 24.

A. What is the right set of null and alternative hypotheses?

B. What's the p-value for this test to FOUR decimals ? (Note: check if the above test is one-sided or two-sided first)

C. At significance level 5%, we can reject the null hypothesis and claim that the mean BMI is less than 24 for the student population of interest. True or False?