X Company has an opportunity to accept a special order that will
result in immediate profit of $51,000. After doing some market
research that cost $5,000, the marketing manager believes that if X
Company accepts the order, the company will lose regular customers.
Specifically, she believes the effect will be lost profits of
$9,500 in each of the next 5 years.
Assuming a discount rate of 6%, what is the net present value of
accepting the special order? [Note: Use the Present Value tables in
the Coursepack.]
| A: $5,225 | B: $7,577 | C: $10,986 | D: $15,930 | E: $23,098 | F: $33,492 |
In: Accounting
9) In a sample of 400 people selected randomly from one town, it is found that 130 of them are Gamecock Fans. At the 0.05 significance level, test the claim that the proportion of all people in the town who are Gamecock fans is 27%.
A] What type of statistical test can be used here?
a. Z-test of proportions c. F Test e. Either c2 or λ Test
b. a-Test of proportions d. Either T or F-Test f. T-Test
➔
B] What is the stated claim about the proportion?
a. p = 0.27 The population proportion is the same as 27%.
b. p ≠ 0.27 The population proportion is different from 27%.
c. p > 0.27 The population proportion is greater than 27%.
d. p < 0.27 The population proportion is less than 27%.
e. p ≥ 0.27 The population proportion is greater than or equal to 27%.
f. p ≤ 0.27 The population proportion is less than or equal to 27%.
➔
C] What are the null hypothesis (H0) and the alternative hypothesis (Ha)? Circle one answer out of the “a” through “f” choices below.
a. H0: p > 0.27 d. Ha: p < 0.27
Ha:p ≤ 0.27 H0: p ≥ 0.27
b. H0: p = 0.27 e. Ha: p = 0.27
Ha: p ≠ 0.27 H0: p ≠ 0.27
c. Ha: p > 0.27 f. H0: p < 0.27
H0: p ≤ 0.27 Ha: p ≥ 0.27
➔
(9 continued)
D] Is this test: a. Fat tailed? d. Inverse tailed?
b. Two tailed? e. Left tailed?
c. Right tailed? f. Meta-tailed?
➔
E] What is the numerical value of the test statistic (TS) calculated from the observed data?
a. 0.5558 b. 2.4777 c. 1.9600 d. 2.0917 e. 0.6456 f. 0.6234
➔
F] Provide EITHER the Critical Value (CV) OR the p-value
Critical Value (CV):
a. z = 2.05 b. z = 1.643 c. z = 1.96 d. z = 1.645 e. z = 2.576 f. z = 2.03
➔
P-value:
a. 0.4210 b. 0.6830 c. 0.0132 d. 0.5321 e. 0.6283 f. 0.5221
➔
G] For this problem about Gamecock fans, what is your decision about H0 (the null hypothesis)?
a. Fail to reject the claim c. Fail to reject H0 e. Accept H0
b. Reject H0 d. Reject the claim f. Accept the claim
➔
(9 continued)
H] For this problem about Gamecock fans, what is the decision about the original claim?
a. At the 5% level, there is NOT enough evidence to reject the claim that the proportion is 27%.
b. At the 10% level, there is enough evidence to reject the claim that the proportion is 27%.
c. At the 5% level, there is enough evidence to reject the claim that the proportion is 27%.
d. At the 10% level, there is NOT enough evidence to reject the claim that the proportion is 27%.
e. At the 5% level, there is enough evidence to support the claim that the proportion is 27%.
f. At the 10% level, there is enough evidence to support the claim that the proportion is 27%.
➔
In: Statistics and Probability
Handwrite in text plz not in pic since its hard to read from and plz dont copy answers that were answered before least 2-3 paragraphs
1 Is it possible for marginal revenue to be negative for a firm selling in a perfectively competitive market? Is it possible for marginal revenue to be negative for a firm selling in a monopolistically competitive market? Briefly explain.
. 2. Central Grocery in New Orleans is famous for its muffaletta, a large round sandwich filled with deli meats and topped with a tangy olive salad. Suppose the following table represents cost and revenue data for Central Grocery.
|
Muffaletta Sold per Day |
Price (P) |
Total Revenue (TR) |
Marginal Revenue (MR) |
Total Cost (TC) |
Marginal Cost (MC) |
Average Total Cost (ATC) |
Profit |
|
0 |
$15 |
$12 |
|||||
|
1 |
14 |
18 |
|||||
|
2 |
13 |
20 |
|||||
|
3 |
12 |
21 |
|||||
|
4 |
11 |
23 |
|||||
|
5 |
10 |
26 |
|||||
|
6 |
9 |
30 |
|||||
|
7 |
8 |
35 |
|||||
|
8 |
7 |
42 |
|||||
|
9 |
6 |
52 |
|||||
|
10 |
5 |
78 |
Fill in the table. What is the profit-maximizing price and quantity, and what profit will be earned at that level of production?
In: Operations Management
|
AirQual Test Corporation provides on-site air quality testing services. The company has provided the following data concerning its operations: |
|
Fixed Component per Month |
Variable Component per Job |
Actual Total for February |
||||
| Revenue | $ | 276 | $ | 27,610 | ||
| Technician wages | $ | 8,200 | $ | 8,050 | ||
| Mobile lab operating expenses | $ | 4,900 | $ | 29 | $ | 8,250 |
| Office expenses | $ | 2,300 | $ | 4 | $ | 2,590 |
| Advertising expenses | $ | 1,570 | $ | 1,640 | ||
| Insurance | $ | 2,890 | $ | 2,890 | ||
| Miscellaneous expenses | $ | 980 | $ | 1 | $ | 395 |
|
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $29 per job, and the actual mobile lab operating expenses for February were $8,250. |
| The company expected to work 110 jobs in February, but actually worked 106 jobs. |
| Required: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Complete the flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) |
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In: Accounting
MBA-AC721 Project Part 2 Create the 2018 budget for Buy-Right Bike Store (BRBS). Add a worksheet to your Project Excel workbook for BRBC Budgeted Income Statement and create the 2018 budget using the following information.
Budgeted Sales of Bike C: Online 75,000 bikes; instore 5,000 bikes. Bike C is purchased from Built-Right Bike Company, a sister company in the Biltmore Bicycle Corporation (BMBC), for $52 and is sold for $104.
Inventory: Beginning inventory: $ 52,000
Purchases 4,108,000
Sales ?
Ending Inventory $ 52,000
Employees:
Managerial Staff: Manager: 1 FTE, $45,000 annual salary plus 20% benefits
Bookkeeper: 1 FTE, $40,000 annual salary plus 20% benefits
Purchasing & Receiving Supervisor: 1 FTE, $35,000 annual salary plus 20% benefits Other staff: Warehouse: 2.5 FTEs make $15 per hour plus 17% benefits Online sales staff: 2 FTEs, $15 per hour plus 17% benefits (no commission)
NOTE: 1 FTE = 2080 hours
Store Hours: Monday – Saturday 10:00 am – 6:00 pm
2 sales clerks work from 10-3 M-F
3 sales clerks work from 3-6 M-F
4 sales clerks work 10-6 on Saturdays
Sales clerks earn $15 per hour plus 17% benefits Instore sales staff share commission equal to 10% of instore sales.
Budgeted Utility cost: $13,200
Budgeted Marketing Cost: $175,000
Contributions & community service: 10% of instore revenue
Other costs (includes depreciation, insurance, etc): $1,300,000
Income tax 29% of Net Revenue
In: Accounting
Between about December 2007 and June 2009, the United States was considered to be in a recession. The U.S. Gross Domestic Product fell approximately 3% from the third quarter of 2008 to the third quarter of 2009. Also, during December 2007 and June 2009, the Standard and Poor’s 500 index dropped by 38% and the unemployment rate climbed from 5% to 9.5%.
The macroeconomic situation affected almost all companies since higher unemployment affected personal consumption, which dropped from 10,140.3 Billion Dollars in Aug 2008 to 9,807 Billion Dollars in June 2009, a drop of 3.8 percent.
Starbucks is one of the companies affected by the December 2007 recession. The following table shows several ratios for Starbucks corresponding to the years 2006, 2007, and 2008. Use a stock price of 10.9 dollars per share for the year 2009.
|
Year |
2006 |
2007 |
2008 |
2009 |
|
ROE |
0.253 |
0.294 |
0.127 |
|
|
ROA |
0.106 |
0.126 |
0.056 |
|
|
ROIC |
0.207 |
0.250 |
0.121 |
|
|
Asset Turnover |
1.758 |
1.761 |
1.830 |
|
|
Op. Profit Margin |
0.115 |
0.746 |
0.048 |
|
|
Long Term Debt Ratio |
0.0009 |
0.241 |
0.221 |
|
|
D/E Ratio |
0.987 |
1.340 |
1.277 |
|
|
Current Ratio |
0.970 |
0.787 |
0.798 |
|
|
Quick Ratio |
0.462 |
0.466 |
0.482 |
|
|
Payout Ratio |
0.000 |
0.000 |
0.000 |
|
|
Plowback Ratio |
1.000 |
1.000 |
1.000 |
|
|
Market to Book Ratio |
6.088 |
3.099 |
1.374 |
|
|
Stock Price Used for Mark/Book |
17.71 |
9.450 |
4.68 |
By using the financial statements provided, calculate the ratios presented in the table for the year 2009 and answer the following questions:
a- Were sales per dollar of assets impacted by the recession?
b- which ratio shows the impact of the recession on sales per dollar of assets?
c- Did the company operating profit margin increased, decreased, or was the same, between the years 2007 and 2009?
d- Did the mix of debt and equity changed for Starbucks between the years 2007 and 2009?
e- In what ratio can you see the change in the mix of debt and equity reflected?
f- Did the value added by management, reflected in market to book ratio, increased or decreased between the years 2007 and 2009?
g- Did the quick ratio increase or decrease between the years 2007 and 2009?
h- Explain why you expect the quick ratio to increase or decrease during a recession?
i- Use the ratios for the years 2007 and 2009 to explain if, in your view, Starbucks is in a better or worse situation in the year 2009 due to the recession.
j- What areas should Starbucks improve for the years 2010 onwards, if any?
In: Accounting
In: Advanced Math
Q2 - 15 pts) Given a minimum unimodal array of integers, run the binary search algorithm to find the minimum element. You need to show the initial and the iteration-level values of the left index, right index and middle index as well as your decisions to reduce the search space in each iteration.
|
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|
33 |
32 |
27 |
26 |
24 |
22 |
21 |
8 |
7 |
3 |
IN C++ PLEASE
In: Computer Science
For the following sample, display the data using a frequency distribution table and then using a histogram . Assume the data is continuous and measured on a ratio scale.
23 21 18 17 17 15 20 3 4 28
16 15 15 15 27 2 3 15 16 16
a) How would you describe the shape of the distribution?
b) Which is the most appropriate measure of central tendency?
c) Calculate the most appropriate measure of central tendency.
In: Math
Q2 - 15 pts) Given a minimum unimodal array of integers, run the binary search algorithm to find the minimum element. You need to show the initial and the iteration-level values of the left index, right index and middle index as well as your decisions to reduce the search space in each iteration.
|
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|
33 |
32 |
27 |
26 |
24 |
22 |
21 |
8 |
7 |
3 |
In: Computer Science