Questions
Suppose you owe ​$1200 on your credit card. The annual percentage rate​ (APR) is 18​%, compounded...

Suppose you owe ​$1200 on your credit card. The annual percentage rate​ (APR) is 18​%, compounded monthly. The credit card company says your minimum monthly payment is ​$21.82. a. If you make only this minimum​ payment, how long will it take for you to repay the ​$1200 balance​ (assuming no more charges are​ made)? b. If you make the minimum payment plus ​$10.01 extra each month​ (for a total of ​$31.83​), how long will it take to repay the ​$1200 ​balance? c. Compare the total interest paid in Part​ (a) with the total interest paid in Part​ (b).

In: Economics

1. What percentage (%) is 1.5 M NaOH?ans: 6% 2. If you add 10g of NaOH...

1. What percentage (%) is 1.5 M NaOH?ans: 6%

2. If you add 10g of NaOH to 500 ml, what is the concentration, in percent, of the solution? ans: 2% NaCl solution

3. If you add 10g of NaCl to make a 3 M solution, what is the total volume? mw=58.44 ans: 57 ml NaCl solution

4. Given 30% NaOH solution, how man mL's solution would you use to prepare 300 ml of 10% solution? ans: 100 ml of NaOH

In: Biology

Web Wizard, Inc., has provided information technology services for several years. The company uses the percentage...

Web Wizard, Inc., has provided information technology services for several years. The company uses the percentage of credit sales method to estimate bad debts for internal monthly reporting purposes. At the end of each quarter, the company adjusts its records using the aging of accounts receivable method. The company entered into the following selected transactions during the first quarter of 2017:

  1. During January, the company provided services for $40,000 on credit.
  2. On January 31, the company estimated bad debts using 1 percent of credit sales.
  3. On February 4, the company collected $20,000 of accounts receivable.
  4. On February 15, the company wrote off a $100 account receivable.
  5. During February, the company provided services for $30,000 on credit.
  6. On February 28, the company estimated bad debts using 1 percent of credit sales.
  7. On March 1, the company loaned $2,400 to an employee who signed a 6 percent note, due in six months.
  8. On March 15, the company collected $100 on the account written off one month earlier.
  9. On March 31, the company adjusted for uncollectable accounts, based on the following aging analysis, which includes the preceding transactions (as well as others not listed). Prior to the adjustment, Allowance for Doubtful Accounts had an unadjusted credit balance of $1,200.
  10. On March 31, the company accrued interest earned on the note.
Number of Days Unpaid
  Customer Total 0-30 31-60 61-90 Over 90
    Altavista Tourism $ 200 $ 100 $ 80 $ 20
    Bayling Bungalows 400    $ 400
    Others (not shown to save space) 17,000 6,800 8,400 1,000 800
    Xciting Xcursions 400 400
  Total Accounts Receivable $ 18,000 $ 7,300 $ 8,480 $ 1,020 $ 1,200
  
  Estimated uncollectable (%) 2 % 10 % 20 % 40 %

1-a. For items (a) through (j), analyze the amount and effects on specific financial statement accounts and the overall accounting equation. (Enter any decreases to the account with a minus sign.)

1-b. Prepare the journal entries for the above items. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
2. Show how the receivables related to these transactions would be reported in the current assets section of a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)
3. Name the accounts related to Accounts Receivable and Note Receivable that would be reported on the income statement and indicate whether they would appear before or after Income from Operations.

In: Accounting

The following information indicates percentage returns for stocks L and M over a 6-year period: year...

The following information indicates percentage returns for stocks L and M over a 6-year period:

year stock L returns stock M returns
1 14.79% 20.57%
2 14.3% 18.19%
3 16.47% 16.2%
4 17.86% 14.43%
5 17.6% 12.53%
6 19.39% 10.98%

In combining [L−M] in a single portfolio, stock M would receive 60% of capital funds. Furthermore, the information below reflects percentage returns for assets F, G, and H over a 4-year period, with asset F being the base instrument: Year Asset F Returns Asset G Returns Asset H Returns

year asset F returns asset G returns asset H returns
1 16.23% 17.04% 14.1%
2 17.48% 16.33% 15.32%
3 18.11% 15.41% 16.2%
4 19.25% 14.1% 17.22%

Using these assets, you have a choice of either combining [F−G] or [F−H] in a single portfolio, on an equally-weighted basis.

Required: Calculate the absolute percentage difference in the coefficient of variation (CV) between the stock portfolio [L−M] and the portfolio which outlines the optimal combination of assets
.

In: Finance

What percentage of UnitedHealths Group revenue comes from domestic and international sales and discuss why revenue...

  1. What percentage of UnitedHealths Group revenue comes from domestic and international sales and discuss why revenue is strong in the specific region? Discuss if the corporation has a competitive advantage.
  2. Discuss the impact the fluctuating dollar has on UnitedHealth Groups' profits for the last twelve months. Use a graph to illustrate the fluctuations against the foreign currency
  3. Discuss how UnitedHealth Groups manage its exposure to foreign exchange rate risk?
  4. Discuss the types of foreign exchange exposures

In: Economics

What is the total amount of healthcare expenditures in the US? Provide a specific amount in dollars and percentage with respect to GDP.

 

What is the total amount of healthcare expenditures in the US? Provide a specific amount in dollars and percentage with respect to GDP.

During the first part of the semester we have spent a great deal of time reviewing general concepts of economics to build the foundation to understand specific issues of the healthcare sector. What general economic assumptions do not apply to healthcare? Explain why.

Define the concept of adverse selection and explain why it is important in healthcare insurance markets.

Briefly explain what is moral hazard and describe an example in healthcare.

Calculate the elasticity of demand using the data shown in the table below. Explain what methods you used to arrive at your answers.

Price Per Hour of Therapy

Demand for Therapy

0

16

1

15

2

14

3

13

4

12

5

11

6

10

7

9

8

8

9

7

10

6

11

5

12

4

13

3

14

2

15

1

16

0

The Karl Challenge: Consider the following hypothetical three-stage screening test for a cancer with the following rates of detection and costs:

Stage

Number of Cases Detected

Total Costs

1

100

$200,000

2

105

260,000

3

106

300,000

Calculate the average cost per cancer detected in the three stages.

Calculate the marginal cost per cancer detected in the three stages

Suppose that the marginal benefit per treated case is $12,000 per person. What would be the optimal screening, given the costs?

Consider the graph below and explain the meaning of it.

The Isabel Challenge: Suppose that Nathan’s employer provides a health insurance policy that pays 80 percent of $1 over the first $100 spent. If Nathan incurs $1,000 in expenses, how much will he pay out of pocket? What percentage of his expenses will this be?

Explain the meaning and interpretation of the following two graphs:

The Danny Challenge: Suppose that a consumer makes V0 physician visits each year at a price of P0. If the price elasticity is -0.4, what will happen to the number of visits if the price increases by 10 percent? What will happen to total physician expenditures? Explain your answers.

In: Economics

The following information indicates percentage returns for stocks L and M over a 6-year period: Year...

The following information indicates percentage returns for stocks L and M over a 6-year period:

Year

Stock L Returns

Stock M Returns

1

14.02%

20.19%

2

14.59%

18.23%

3

16.99%

16.41%

4

17.29%

14.41%

5

17.5%

12.43%

6

19.27%

10.41%

In combining [LM] in a single portfolio, stock M would receive 60% of capital funds.

Furthermore, the information below reflects percentage returns for assets F, G, and H over a 4-year period, with asset F being the base instrument:

Year

Asset F Returns

Asset G Returns

Asset H Returns

1

16.17%

17.06%

14.39%

2

17.24%

16.44%

15.3%

3

18.44%

15.34%

16.48%

4

19.23%

14.13%

17.42%

Using these assets, you have a choice of either combining [FG] or [FH] in a single portfolio, on an equally-weighted basis.

Required: Calculate the absolute percentage difference in the coefficient of variation (CV) between the stock portfolio [LM] and the portfolio which outlines the optimal combination of assets.

Answer% Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places (for example: 28.31%).

In: Accounting

Approximately what percentage of female winners (actresses) were 60 years old or older when they won...

Approximately what percentage of female winners (actresses) were 60 years old or older when they won the Academy Awards?

(Age at the time they won the award)

Actors Mean=44.1 Standard deviation=8.8

Actresses Mean=36.0 Standard deviation = 11.4

In: Statistics and Probability

In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of...

In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison.

1 2 3 4 5
Fund −1.4 +23.2 +41.1 +10.1 +0.5
Market index −0.6 +18.0 +30.6 +11.4 −0.4

a. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Did Ms. Sauros do better or worse than the market index on these measures?

In: Finance

Waterway Company had the following department information about physical units and percentage of completion: Physical Units...

Waterway Company had the following department information about physical units and percentage of completion: Physical Units Work in process, May 1 (60%) 15000 Completed and transferred out 25600 Work in process, May 31 (50%) 11400 Materials are added at the beginning of the production process. Conversion costs are added equally throughout production. What is the total number of equivalent units during May for conversion costs if the weighted-average method is used? 52000 31300 22300 31600

In: Accounting