Questions
1. If the amount of charge in 1 electron (elementary charge) is approximately 1.6×10−19 C, calculate...

1.

If the amount of charge in 1 electron (elementary charge) is approximately 1.6×10−19 C, calculate the number of electrons passing a point in the wire in 20 minutes when the current is 1.0A

3.2 X 10−18

1.92 X 10−17

7.5 X  1020

7.5 X  1021

2.

Three resistors: 10 ohms, 20 ohms and 40 ohms. If all three are connected in parallel, how much is the equivalent resistor value if replaced with one resistor?  

70 ohms

5.7 ohms

0.175 ohm

35 ohms

3.

If a 4 µF capacitor has been fully charged by connecting with a 1.5 volts battery, how much the charge amount on the capacitor in the unit of coulomb (C) ?

6 C

2.67 C

0.000006 C

0.006 C

0.6 C

4.

What is the maximum angle with which a light ray can incident on a glass-air interface and still refract? The index of refraction of glass is 1.4 and is 1.0 for the air.

30 degree

38 degree

41.8 degree

45.6 degree

5.

In "magnetic force on a current carrying wire" experiment, using the data for force(y-axis, in Newton) versus length (in meters), someone obtained a linear curve fit equation: y=0.1x+2. If in the experiment, the wire carrying a current I=2.0 A, how strong is the magnetic field?

0.1 T

0.05 T

2 T

0.2 T

6.

Two resistors are connected in parallel. What best describes the currents measured of each resistor?

They will be equal, and will be the same as everywhere in the circuit

They will be proportional to the resistance, with the bigger current passing the bigger resistor

They will be inversely proportional, with the bigger current passing the smaller resistor

You cannot predict without seeing the circuit

In: Physics

The following transactions apply to Jova Company for Year 1, the first year of operation: Issued...

The following transactions apply to Jova Company for Year 1, the first year of operation:

  1. Issued $14,000 of common stock for cash.
  2. Recognized $214,000 of service revenue earned on account.
  3. Collected $166,400 from accounts receivable.
  4. Paid $129,000 cash for operating expenses.
  5. Adjusted the accounts to recognize uncollectible accounts expense. Jova uses the allowance method of accounting for uncollectible accounts and estimates that uncollectible accounts expense will be 2 percent of sales on account.


The following transactions apply to Jova for Year 2:

  1. Recognized $324,000 of service revenue on account.
  2. Collected $339,000 from accounts receivable.
  3. Determined that $2,350 of the accounts receivable were uncollectible and wrote them off.
  4. Collected $1,200 of an account that had previously been written off.
  5. Paid $209,000 cash for operating expenses.
  6. Adjusted the accounts to recognize uncollectible accounts expense for Year 2. Jova estimates uncollectible accounts expense will be 1.0 percent of sales on account.


Complete the following requirements for Year 1 and Year 2. Complete all requirements for Year 1 prior to beginning the requirements for Year 2.

c-1. Record the Year 1 transactions in general journal form and post them to T-accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
  

Journal entry worksheet

  • Record entry for issuance of common stock.

Note: Enter debits before credits.

Event General Journal Debit Credit
1
Cash Accounts Receivable
Beg. Bal. Beg. Bal.
End. Bal. End. Bal.
Common Stock Allowance For Doubtful Accounts
Beg. Bal. Beg. Bal.
End. Bal. End. Bal.
Service Revenue Uncollectible Accounts Expense
Beg. Bal. Beg. Bal.
End. Bal. End. Bal.
Operating Expenses
Beg. Bal.
End. Bal.

In: Accounting

Assume that you recently graduated and you just landed a job as a financial planner with...

Assume that you recently graduated and you just landed a job as a financial planner with the Cleveland Clinic. Your first assignment is to invest $100,000. Because the funds are to be invested at the end of one year, you have been instructed to plan for a one-year holding period. Further, your boss has restricted you to the following investment alternatives, shown with their probabilities and associated outcomes.

State of Economy

Probability

T-Bills

Alta Inds.

Repo Men

American Foam

Market Port.

Recession

0.1

8.00%

-22.0%

28.0%

10.0%

-13.0%

Below Average

0.2

8.00%

-2.0%

14.7%

-10.0%

1.0%

Average

0.4

8.00%

20.0%

0.0%

7.0%

15.0%

Above Average

0.2

8.00%

35.0%

-10.0%

45.0%

29.0%

Boom

0.1

8.00%

50.0%

-20.0%

30.0%

43.0%

Barney Smith Investment Advisors recently issued estimates for the state of the economy and the rate of return on each state of the economy. Alta Industries, Inc. is an electronics firm; Repo Men Inc. collects past due debts; and American Foam manufactures mattresses and various other foam products. Barney Smith also maintains an "index fund" which owns a market-weighted fraction of all publicly traded stocks; you can invest in that fund and thus obtain average stock market results. Given the situation as described, answer the following questions using Excel (Please Show Excel Formulas).   

a. Calculate the expected rate of return on each alternative.

b. Calculate the standard deviation of returns on each alternative.                                               

c. Calculate the coefficient of variation on each alternative.                        

d. Calculate the beta on each alternative.                                                                                            

e. Do the SD, CV, and beta produce the same risk ranking? Why or why not?

In: Finance

RAK, Inc., has no debt outstanding and a total market value of $140,000. Earnings before interest...

RAK, Inc., has no debt outstanding and a total market value of $140,000. Earnings before interest and taxes, EBIT, are projected to be $32,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 12 percent higher. If there is a recession, then EBIT will be 30 percent lower. RAK is considering a $115,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,000 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0.

Assume the firm has a tax rate of 35 percent.

  

c-1

Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

c-2

Calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  

% change in ROE
  Recession %  
  Expansion %  

  

c-3

Calculate the return on equity (ROE) under each of the three economic scenarios assuming the firm goes through with the recapitalization. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

  

ROE
  Recession %  
  Normal %  
  Expansion %  

  

c-4

Given the recapitalization, calculate the percentage changes in ROE when the economy expands or enters a recession. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))

  

% change in ROE
  Recession %  
  Expansion %  

In: Finance

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these...

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below:

Xtreme Pathfinder
Selling price per unit $ 120.00 $ 87.00
Direct materials per unit $ 63.30 $ 52.00
Direct labor per unit $ 17.00 $ 10.00
Direct labor-hours per unit 1.7 DLHs 1.0 DLHs
Estimated annual production and sales 22,000 units 76,000 units

The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below:

Estimated total manufacturing overhead $ 1,927,800
Estimated total direct labor-hours 113,400 DLHs

Required:

1. Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system.

2. The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs):

Estimated
Overhead Cost
Expected Activity
Activities and Activity Measures Xtreme Pathfinder Total
Supporting direct labor (direct labor-hours) $ 703,080 37,400 76,000 113,400
Batch setups (setups) 480,000 220 180 400
Product sustaining (number of products) 700,000 1 1 2
Other 44,720 NA NA NA
Total manufacturing overhead cost $ 1,927,800

Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system.

3. Prepare a quantitative comparison of the traditional and activity-based cost assignments.

In: Accounting

A 78-year-old female was arrived tired to the emergency room with the following symptoms: nausea, vomiting,...

A 78-year-old female was arrived tired to the emergency room with the following symptoms: nausea, vomiting, decreased respiration, hypotension, and low pulse rate (46), The skin was not sweaty, it was warm, she is DM, swelling, she take some medication like metfromin 850mg, some diuretics, The patient had been treated for constipation and heartburn (antacids) within the last 24 hours.

Laboratory investigation resulted in the following:

Na+

133 mmol/L

(136-145 mmol/L)

K+

5.3 mmol/L

(3.4-5.0 mmol/L)

CL-

95 mmol/L

(98-107 mmol/L)

Creatinine

2.6 mg/dL

(0.7-1.5 mg/dL)

BUN

40 mg/dL

(5-20 mg/dL)

Magnesium

4.0 mmol/L

(0.63-1.0 mmol/L)

Total protein

5.6 g/dL

(6.0-8.0 g/dL)

Albumin

3.0 g/dL

(3.5-5.0 g/dL)

Calcium

8.4 g/dL

(8.6-10.0 g/dL)

AST

44 U/L

(7-45 U/L)

Fasting blood glucose

162 mg/dL

(75-115 mg/dL)

HbA1c

7.8 %

(4.1-6.8

1. What explanation would you give the doctor for the difference in the electrolytes levels?

2. What is the most likely cause for the hypermagnesemia?

3. Which type of diabetes mellitus should be considered? And why?

type 2 diabetes.

4. What is your explanation for kidney function tests result (high Creatinine and BUN)? Is it indication for pyelonephritis or GFR dysfunction or acute kidney failure? Justify your answer.

5. Does the patient suffer from microalbuminuria regarding to albumin result? Justify your answer.

In: Biology

Please note that for all problems in this course, the standard cut-off (alpha) for a test...

Please note that for all problems in this course, the standard cut-off (alpha) for a test of significance will be .05, and you always report the exact power unless SPSS output states p=.000 (you’d report p<.001). Also, remember that we divide the p value in half when reporting one-tailed tests with 1 – 2 groups.

Problem Set 4: One-Way Repeated Measures ANOVA (7 pts)

Research Scenario: A savvy business owner wanted to assess whether the type of fragrance influenced the amount of money spent. He tried peppermint, lavender, lemon, and bergamot essential oils in his four stores. Amount of money spent (in hundreds) is reported for each type of fragrance. Conduct a one-way repeated measures ANOVA to determine whether fragrance influences total amount of money spent.

Peppermint

Lavender

Lemon

Bergamot

5.2

5.3

5.1

3.9

5.1

4.8

4.9

4.3

4.8

5.0

2.2

3.5

6.2

3.2

4.0

3.7

3.1

2.3

3.8

2.1

4.5

4.9

4.7

2.3

4.8

3.5

3.8

1.0

3.7

4.7

4.1

2.8

2.8

5.1

3.5

4.2

  1.     Paste the relevant SPSS output. (2 pt)
  1.     Create an appropriate graph to display this data (make sure you have labels on both x and y axes). (2 pts)
  1.        Write an APA-style Results section based on your analysis. All homework “Results sections” should follow the examples provided in the presentations and textbooks. They should include the statistical statement within a complete sentence that mentions the type of test conducted, whether the test was significant, and if relevant, effect size and/or post hoc analyses. Don’t forget to include a decision about the null hypothesis. (3 pts)

In: Statistics and Probability

The Yoran Yacht Company (YYC), a prominent sailboat builder in Newport, may design a new 30-foot...

The Yoran Yacht Company (YYC), a prominent sailboat builder in Newport, may design a new 30-foot sailboat based on the "winged" keels first introduced on the 12-meter yachts that raced for the America's Cup.

First, YYC would have to invest $14,000 at t = 0 for the design and model tank testing of the new boat. YYC's managers believe there is a 60% probability that this phase will be successful and the project will continue. If Stage 1 is not successful, the project will be abandoned with zero salvage value.

The next stage, if undertaken, would consist of making the molds and producing two prototype boats. This would cost $500,000 at t = 1. If the boats test well, YYC would go into production. If they do not, the molds and prototypes could be sold for $100,000. The managers estimate that the probability is 80% that the boats will pass testing and that Stage 3 will be undertaken.

Stage 3 consists of converting an unused production line to produce the new design. This would cost $1 million at t = 2. If the economy is strong at this point, the net value of sales would be $3 million; if the economy is weak, the net value would be $1.5 million. Both net values occur at t = 3, and each state of the economy has a probability of 0.5. YYC's corporate cost of capital is 11%.

  1. Assume this project has average risk. Construct a decision tree and determine the project's expected NPV. Do not round intermediate calculations. Round your answer to the nearest cent.

    $  

  2. Find the project's standard deviation of NPV and coefficient of variation (CV) of NPV. Do not round intermediate calculations. Round the project's standard deviation to the nearest cent and CV to two decimal places.

    σNPV: $  

    CVNPV:

    If YYC's average project had a CV of between 1.0 and 2.0, would this project be of high, low, or average stand-alone risk?

    This project is of

  1. risk.

In: Finance

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these...

Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below:

Xtreme Pathfinder
Selling price per unit $ 140.00 $ 99.00
Direct materials per unit $ 72.00 $ 53.00
Direct labor per unit $ 24.00 $ 12.00
Direct labor-hours per unit 2.0 DLHs 1.0 DLHs
Estimated annual production and sales 20,000 units 80,000 units

The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below:

Estimated total manufacturing overhead $ 1,980,000
Estimated total direct labor-hours 120,000 DLHs

Required:

1. Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system.

2. The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing overhead to the following four activity cost pools (the Other cost pool includes organization-sustaining costs and idle capacity costs):

Estimated
Overhead Cost
Expected Activity
Activities and Activity Measures Xtreme Pathfinder Total
Supporting direct labor (direct labor-hours) $ 783,600 40,000 80,000 120,000
Batch setups (setups) 495,000 200 100 300
Product sustaining (number of products) 602,400 1 1 2
Other 99,000 NA NA NA
Total manufacturing overhead cost $ 1,980,000

Compute the product margins for the Xtreme and the Pathfinder products under the activity-based costing system.

3. Prepare a quantitative comparison of the traditional and activity-based cost assignments

In: Accounting

Let x be the number of different research programs, and let y be the mean number...

Let x be the number of different research programs, and let y be the mean number of patents per program. As in any business, a company can spread itself too thin. For example, too many research programs might lead to a decline in overall research productivity. The following data are for a collection of pharmaceutical companies and their research programs.

x 10 12 14 16 18 20
y 1.9 1.4 1.6 1.4 1.0 0.7

Complete parts (a) through (e), given Σx = 90, Σy = 8, Σx2 = 1420, Σy2 = 11.58, Σxy = 112.6, and

r ≈ −0.925.

(a) Draw a scatter diagram displaying the data.


(b) Verify the given sums Σx, Σy, Σx2, Σy2, Σxy, and the value of the sample correlation coefficient r. (Round your value for r to three decimal places.)

Σx =
Σy =
Σx2 =
Σy2 =
Σxy =
r =


(c) Find x, and y. Then find the equation of the least-squares line  = a + bx. (Round your answers for x and y to two decimal places. Round your answers for a and b to three decimal places.)

x =
y =
= +  x


(d) Graph the least-squares line. Be sure to plot the point (x, y) as a point on the line.


(e) Find the value of the coefficient of determination r2. What percentage of the variation in y can be explained by the corresponding variation in x and the least-squares line? What percentage is unexplained? (Round your answer for r2 to three decimal places. Round your answers for the percentages to one decimal place.)

r2 =
explained     %
unexplained     %


(f) Suppose a pharmaceutical company has 13 different research programs. What does the least-squares equation forecast for y = mean number of patents per program? (Round your answer to two decimal places.)
patents per program

In: Statistics and Probability