After 100 throws of a 6-sided dice the following results were obtained
|
1 |
2 |
3 |
4 |
5 |
6 |
|
|
Number of times a number came up |
20 |
13 |
17 |
19 |
16 |
15 |
Is this data consistent with a fair dice (the one where each side comes up with equal probability) at a = 0.1. (13 points)
a. State the hypotheses and identify the claim. (2 points)
b. Calculate the predicted values. (2 points)
b. Compute the test value. (3 points)
c. Find the critical value. (3 points)
d. Make the decision to reject or not reject the null hypothesis. Justify. (1 point)
e. Summarize the results. (2 points)
In: Statistics and Probability
Twilight Manufacturing's property, plant and equipment
records reveal the following information:
Equipment 1. 2. 3. 4.
Cost 50,000 60,000 120,000 90,000
Residual value 12,000 8,000 None 10,000
Purchase date December,2013 Oct 18,2014 June 12,2014
May3,2014
Depreciation method Straight line Units of Production Double
Declining Balance Straight line
Estimated useful life 5 years 50,000 units 10 years 8years
Units produced in 2014 2,000 5,000 6,000 8,000
Calculate the depreciation expense for each equipment item for the
year ended December 31, 2014, using the nearest whole month
method.
In: Accounting
Problem 4
Rent A Car, Inc. (RAC) purchased 100 vehicles on January 1, 2020, spending $2 million plus 11 percent total sales tax for a total cost of $2,220,000. RAC expects to use the vehicles for five years and then sell them for approximately $360,000. RAC anticipates the following average vehicle use over each year ended December 31:
|
2020 |
2021 |
2022 |
2023 |
2024 |
|
|
Kilometers per year |
15,000 |
20,000 |
10,000 |
10,000 |
5,000 |
To finance the purchase, RAC borrowed $1.8 million by signing a 6% promissory note. The note is to be repaid in full by December 31, 2024. On December 31 of each year, RAC makes one payment on the installment note comprising blended interest and principal components. The amortization schedule for the note is presented below. RAC has a December 31 year-end. The company does not make monthly adjustments, but rather makes adjusting entries every quarter.
The note carries loan covenants that require RAC to maintain a minimum times interest earned ratio of 3.0. RAC forecasts that the company will generate the following sales and preliminary earnings (prior to recording depreciation on the vehicles and interest on the note). For purposes of this question, ignore income tax.
|
2020 |
2021 |
2022 |
2023 |
2024 |
|
|
Sales Revenue |
$2,000,000 |
$2,500,000 |
$2,800,000 |
$2,900,000 |
$3,000,000 |
|
Income before depreciation and interest expense |
1,000,000 |
800,000 |
900,000 |
1,200,000 |
1,100,000 |
Required:
Note Payable, Current $
Note Payable, Noncurrent
2020 2021
a) straight line:
b) double-declining balance:
c) units-of-production:
2020 2021
a) straight line:
Net Income =
Times Interest Earned Ratio =
b) double-declining balance:
Net Income =
Times Interest Earned Ratio =
c) units-of-production:
Net Income =
Times Interest Earned Ratio =
In: Accounting
DEFINE THE TERMS
1. Nationalism
2. Age of Nationalism
3. Populism
4. 30 Years War
5. Decolonization
6. Iroquois Confederacy
7. Supply-side economics
8. Demand-side economics
9. Hegemony
10. Cold War
11. Military Industrial Complex
12. Falklands War
In: Economics
1. What's A&W's Leadership strategy?
2. What's their Strategic direction?
3. What's their Sustainability direction?
4. What's their Branding direction?
In: Economics
You have 3 projects with the following cash flows:
|
Year |
0 |
1 |
2 |
3 |
4 |
||
|
Project 1 |
-$ 152 |
$22 |
$39 |
$58 |
$82 |
||
|
Project 2 |
−826 |
0 |
0 |
7,010 |
−6,506 |
||
|
Project 3 |
21 |
41 |
61 |
80 |
−247 |
a. For which of these projects is the IRR rule reliable?
b. Estimate the IRR for each project (to the nearest1%).
c. What is the NPV of each project if the cost of capital is
5%?20 %50%?
a. For which of these projects is the IRR rule reliable? (Select from the drop-down menus.)
The IRR rule is reliable for___?Unless all of the____? negative/positive? cash flows of the project precede the negative/positive?ones, the IRR rule may give the wrong answer and should not be used. Furthermore, there may be multiple IRRs or the IRR may not exist.
2.You are considering making a movie. The movie is expected to cost $ 10.0million upfront and take a year to produce. After that, it is expected to make $ 5.0 million in the year it is released and $ 2.0$ million for the following four years. What is the payback period of this investment? If you require a payback period of two years, will you make the movie? Does the movie have positive NPV if the cost of capital is 10.0%?
In: Finance
concept mapping for diagnosis of crohn's disease
1. pathophysiology
2. medical interventions
3. nursing intervention
4. assessment
5. nursing considerations
6. patient teaching
In: Nursing
not google sanswer please
1-Describe the four (4) common long term complications of diabetes.
2-Describe the roles of lipoproteins (VLDLs, LDLs, and HDLs) in transporting lipids in the blood.
In: Biology
Monthly returns for two stocks are given below:
|
Month |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
|
rA |
4.10% |
1.12% |
1.66% |
−0.18% |
−4.71% |
−0.60% |
−0.91% |
1.02% |
1.69% |
−0.51% |
1.42% |
2.52% |
|
rB |
−3.36% |
−1.93% |
−0.45% |
0.34% |
4.27% |
8.48% |
1.86% |
4.10% |
6.41% |
−5.24% |
−1.06% |
1.40% |
(a) Calculate the correlation between the returns of these two stocks. Consider a portfolio of the two stocks weighted 60:40 at t = 0.
(b) Calculate the returns on the rebalanced portfolio for each month and plot the portfolio return and the stock returns as shown in the graph in Section 7.4.2.
(c) Calculate the returns on an unrebalanced portfolio and plot the portfolio return and the stock returns.
In: Statistics and Probability
Consider the following project:
| Year | 0 | 1 | 2 | 3 | 4 |
|---|---|---|---|---|---|
| Project A | -20.00 | 8.00 | 7.00 | 6.00 | 7.00 |
Find the payback for this project. (ROUND TO TWO DECIMAL
PLACES)
In: Finance