Home Depot sells 50-pound bags of Scott’s Turf Builder fertilizer in its 2,200 retail stores in the United States. The numbers of bags of the fertilizer sold at a certain Home Depot store for a random sample of days are provided below: 65, 55, 96, 39, 74, 55, 49, 116, 63, 81, 55, 57, 39, 44, 36, 80 Answer the questions below using this data. NOTE: Be certain to check your data entry. You will lose a considerable number of points if your data values are not correct!!!
a. Mean: 62.75 (report your answer to 2 decimal places, using conventional rounding rules)
b. Median: 56 (report your answer to 2 decimal places, using conventional rounding rules)
c. Mode: 55 (report your answer to 2 decimal places, using conventional rounding rules)
d. Standard deviation: 21.36 (report your answer to 2 decimal places, using conventional rounding rules)
e. Range: 80 (report your answer to 2 decimal places, using conventional rounding rules)
f. The 20th percentile: 41 (report your answer to 2 decimal places, using conventional rounding rules)
g. The interquartile range: 33.5 (report your answer to 2 decimal places, using conventional rounding rules)
h. The z-score for a day on which 80 bags of Scott’s Turf Builder fertilizer are sold: 78.5 (report your answer to 2 decimal places, using conventional rounding rules)
i. Construct an interval which includes about 95% of the observations in this data set, using the Empirical Rule: The interval is from bags (lower value) up to bags (upper value). (report your answers to 2 decimal places, using conventional rounding rules) j. Use Pearson’s method to calculate the coefficient of skewness for these data.
In: Statistics and Probability
Rosa was a 78-year-old woman who lived alone in a large city. She had been widowed for 10 years. Her children were grown, and all were successful. She was very proud of them because she and her husband had immigrated to the United States when the children were small and had worked very hard to establish and maintain a home. She had only a few years of primary education and still clung to many of her “old country” ways. She spoke a mixture of English and her native language, and her children were somewhat embarrassed by her. They thought she was somewhat of a hypochondriac because she constantly complained to them about various aches and pains, her knees that “gave out,” her “sugar” and “water” problems, and her heart palpitations. She had been diagnosed with mild diabetes and heart failure. She was a devout Catholic and attended mass each morning. Her treks to church events, to the senior center at church, and to her various physicians (internist; orthopedic, cardiac, and ophthalmic specialists) constituted her social life. One day the recreation director at the senior center noticed her pulling a paper bag of medication bottles from her purse. She sat down to talk with Rosa about them and soon realized that Rosa had only a vague idea of what most of them were for and tended to take them whenever she felt she needed them.
a. What is your primary nursing diagnosis for this patient? Utilize the PES format (problem, etiology, S&S)
b. What would be the top three assessment you would do and why?
c. What would be your top three interventions and why?
d. What is your goal for this patient? Goal must be S.M.A.R.T (Specific, Measurable, Attainable, Realistic, and Timely)
In: Nursing
A report summarized the results of a survey of 309 U.S. businesses. Of these companies, 203 indicated that they monitor employees' web site visits. For purposes of this exercise, assume that it is reasonable to regard this sample as representative of businesses in the United States. (a) Is there sufficient evidence to conclude that more than 60% of U.S. businesses monitor employees' web site visits? Test the appropriate hypotheses using a significance level of 0.01. (Round your test statistic to two decimal places and your P-value to four decimal places.)
z =
State your conclusion
. Reject H0. We have convincing evidence that more than 60% of U.S. businesses monitor employees' web site visits
. Reject H0. We do not have convincing evidence that more than 60% of U.S. businesses monitor employees' web site visits.
Do not reject H0. We do not have convincing evidence that more than 60% of U.S. businesses monitor employees' web site visits.
Do not reject H0. We have convincing evidence that more than 60% of U.S. businesses monitor employees' web site visits.
(b) Is there sufficient evidence to conclude that a majority of U.S. businesses monitor employees' web site visits? Test the appropriate hypotheses using a significance level of 0.01. (Round your test statistic to two decimal places and your P-value to four decimal places.)
z = P-value =
State your conclusion.
Reject H0. We have convincing evidence that a majority of U.S. businesses monitor employees' web site visits.
Do not reject H0. We have convincing evidence that a majority of U.S. businesses monitor employees' web site visits.
Do not reject H0. We do not have convincing evidence that a majority of U.S. businesses monitor employees' web site visits.
Reject H0. We do not have convincing evidence that a majority of U.S. businesses monitor employees' web site visits.
In: Statistics and Probability
Analyze and compare Marriott and Hyatt
Marriott International, Inc. (MAR), and Hyatt Hotels Corporation (H) are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year (in millions):
| Marriott | Hyatt | |
| Operating profit before other revenue and interest | $1,368 | $299 |
| Other revenue (expense) | 50 | 66 |
| Interest expense | (234) | (76) |
| Income before income tax expense | $1,184 | $289 |
| Income tax expense | (404) | (85) |
| Net income | $ 780 | $204 |
Balance sheet information is as follows:
| Marriott | Hyatt | |
| Total liabilities | $18,783 | $ 3,841 |
| Total stockholders’ equity | 5,357 | 3,908 |
| Total liabilities and stockholders’ equity | $24,140 | $ 7,749 |
The average liabilities, average stockholders’ equity, and average total assets are as follows:
| Marriott | Hyatt | |
| Average total liabilities | $14,228 | $3,719 |
| Average total stockholders’ equity | 883 | 3,951 |
| Average total assets | 15,111 | 7,670 |
1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place.)
| Marriott | Hyatt | |||||||
| a. | Return on total assets | % | % | |||||
| b. | Return on stockholders’ equity | % | % | |||||
| c. | Times interest earned | |||||||
| d. | Ratio of total liabilities to stockholders’ equity | |||||||
2. Which of the following statements are correct?
1. Marriott has a higher return on total assets and a higher return on stockholders’ equity compared to Hyatt.
2. Hyatt’s weaker performance relative to Marriott’s appears to be due to its weak earnings relative to its debt level. Hyatt has less leverage than Marriott.
3. The times interest earned ratio shows that Hyatt covers its interest charges better than Marriott; however, both companies do not have sufficient coverage.
4. Hyatt’s weak earnings and low debt levels are affecting the company’s ability to earn returns for stockholders.
In: Accounting
(1 point) A researcher is interested in whether the number of years of formal education is related to a person's decision to never smoke, continue to smoke, or quit smoking cigarettes. The data below represent the smoking status by level of education for residents of the United States 18 years or older from a random sample of 475 residents. Round all numeric answers to four decimal places.
| Smoking Status | |||
| Education Level | Current | Former | Never |
| Less than high school | 25 | 21 | 40 |
| High school | 38 | 19 | 52 |
| Some College | 40 | 69 | 171 |
1. Select the name of the test that should be used to assess the hypotheses:
?0H0: "Smoking Status" is independent of "Education Level"
??HA: "Smoking Status" is not independent of "Education Level"
A. ?2X2 test of a single variance
B. ?2X2 test of independence
C. ?2X2 goodness of fit
2. Under the null hypothesis, what is the expected number for people with an education of Less than high school and a smoking status of Former?
3. Calculate the ?2X2 test statistic.
4.What was the contribution of Former smokers who attended Less than high school toward this test statistic?
5. What are the degrees of freedom for this test?
6. What is the p-value for this test?
7. Based on the p-value, we have:
A. little evidence
B. some evidence
C. very strong evidence
D. extremely strong evidence
E. strong evidence
that the null model is not a good fit for our observed data.
8. Which of the following is a necessary condition in order for
the hypothesis test results to be valid? Check all that
apply.
A. There must be at least 10 "yes" and 10 "no"
observations for each variable.
B. The population data must be normally
distributed.
C. There must be an expected count of at least 5
in every cell of the table.
D. There must be an observed count of at least 5
in every cell of the table.
E. The observations must be independent of one
another.
In: Statistics and Probability
Assignment 3: Analyzing Visual Arguments (650-700 words; TNR 12,
double space)
Today the average person in the United States is saturated with
advertisements on television, billboards, buses, buildings,
magazines, and newspapers. Advertisements are usually used to sell
commercial products, such as toothpaste, cereal, tissue paper,
shampoo, soap, jeans, shoes, t-shirts, soft drinks, etc. How many
of these products feature brand names? Why do people want Calvin
Klein's name on their underwear, "Levi's" on their back pocket, or
a favorite team logo on their caps? How does advertising these
brand names influence our shopping habits? Why are some ads more
successful in selling a product than others? All of these questions
and many others will be pertinent to the writing of the next
paper.
Because advertising works by appealing to viewers’ values and
beliefs in order to persuade them to buy or support something, it
is crucial that today's informed citizen carefully analyze the
strategies used in advertisements. Through the critical analysis of
various kinds of commercial communication, the informed citizen can
address such fundamental questions as the following:
• What is the ad really trying to “sell”? This goes beyond the
product or service being advertised to a set of values associated
with a lifestyle or aspirations viewers are judged to hold in
common.
• What visual and verbal strategies are used to convey the ad's
message?
• Are the message and its visual and rhetorical means both honest
and ethical?
Your job, then, is to write a thesis-driven rhetorical analysis
that examines the effectiveness of a visual argument. Basically,
you need to write about how the formal elements of an advertisement
produce meaning.
Evaluation Criteria for the Essay
The visual analysis should
• identify the ad’s purpose, audience, and context (place and
time)
• contain a clear and interesting thesis supported by specific,
concrete details
• provide sufficient description of and insightful comments about
the ad
• avoid stylistic errors that distract reader's attention; be
organized logically
In: Economics
The entire poultry industry is working hard to keep up with demand, but egg production is falling behind. According to the USDA’s Economic Research Service, the price of eggs in the U.S. is expected to rise more than 35 percent in 2018. The cause of this egg price increases? An uptick in foreign demand for US eggs is partly to blame. When the avian influenza devastated Europe this past year, egg suppliers in the U.S. stepped in to help fill the demand in these countries. Another problem arose in late 2017 where some egg supplies were contaminated with a dangerous insecticide, affecting countries including Germany, France and Belgium. With millions of eggs being pulled from the shelves in Europe, US exports of eggs rose 663 percent between 2016 and 2017. Domestic demand has increased as well. In the United States, 2017 saw a 20-year record in egg consumption at 275.2 eggs per person per year. When you multiply that by 325 million Americans, that’s a lot of eggs.
Now, consider the commercial use of eggs in the production of grocery items such as bread, ice cream, pasta, cakes and waffles. Let’s focus on the Sara Lee® All Butter Pound Cake® found in the freezer section of your local grocery store. The first ingredient listed on the package is, you guessed it – eggs. The pound cake sells for around $3.97 at the grocery store. However, with the price of eggs on the rise, it is likely that $3.97 price may change.
Which of Sara Lee’s variances will be affected by the increase in egg prices? Why?
Will the increase in egg prices result in favorable or unfavorable variances for Sara Lee? Why?
What is Sara Lee® likely to do to its standards based on this increase in price and which standards will be impacted?
What, if anything, can Sara Lee® do to mitigate the impact of the rising cost of eggs on its manufacturing costs?
In: Accounting
(Weighted average cost of capital)
ABBC Inc. operates a very successful chain of yogurt and coffee shops spread across the southwestern part of the United States and needs to raise funds for its planned expansion into the Northwest. The firm's balance sheet at the close of 2015 appeared as follows:
|
Cash |
$2,130,000 |
|||
|
Accounts receivable |
4,510,000 |
|||
|
Inventories |
1,370,000 |
Long-term debt |
$8,325,000 |
|
|
Net property, plant, and equipment |
32,062,000 |
Common equity |
31,747,000 |
|
|
Total assets |
$40,072,000 |
Total debt and equity |
$40,072,000 |
.At present, the firm's common stock is selling for a price equal to 3 times its book value, and the firm's investors require a return of
18 percent. The firm's bonds command a yield to maturity of 7 percent, and the firm faces a tax rate of 37 percent. At the end of the previous year, ABBC's bonds were trading near their par value.
a. What does ABBC's capital structure look like?
b. What is ABBC's weighted average cost of capital?
c. If ABBC's stock price were to rise such that it sold at 3.5 times its book value and the cost of equity fell to
15 percent, what would the firm's weighted average cost of capital be (assuming the cost of debt and tax rate do not change)?
I NEED ANSWERS TO THESE QUESTIONS:
a. What is the proportion of debt financing in ABBC's capital structure? ______% (Round to two decimal places.)
What is the proportion of equity financing in ABBC's capital structure? ______% (Round to two decimal places.)
b. What is ABBC's weighted average cost of capital? ______% (Round to two decimal places.)
c. If ABBC's stock price were to rise such that it sold at 3.5 times its book value and the cost of equity fell to 15
percent, what would the firm's weighted average cost of capital be (assuming the cost of debt and tax rate do not change)?
_____% (Round to two decimal places.)
In: Finance
E22-20
People Able Computer, Inc., with headquarters in San Francisco, manufactures and sells a desktop computer. People Able has three divisions each of which is located in a different country. Each division is run as a profit center. Information on each division follows:
The costs for the work done in each division for a single desktop computer are as follows:
|
China division: |
Variable cost |
= |
900 yuan |
||
|
Fixed cost |
= |
1,500 yuan |
|||
|
South Korea division: |
Variable cost |
= |
286,000 won |
||
|
Fixed cost |
= |
407,000 won |
|||
|
U.S. division |
Variable cost |
= |
$200 |
||
|
Fixed cost |
= |
$240 |
|||
|
times• |
Chinese income tax rate on the China division's operating income: 40% |
||||
|
times• |
South Korean income tax rate on the South Korea division's operating income: 20% |
||||
|
times• |
U.S. income tax rate on the U.S. division's operating income: 40% |
||||
Each desktop computer is sold to retail outlets in the United States for $2,800.
Assume that the current foreign exchange rates are as follows:
|
6 yuan |
= |
$1 U.S. |
|
1,100 won |
= |
$1 U.S. |
Both the China and the South Korea divisions sell part of their production under a private label. The China division sells the comparable memory/keyboard package used in each People Able desktop computer to a Chinese manufacturer for 3,000 yuan. The South Korea division sells the comparable desktop computer to a South Korean distributor for 1,540,000 won
Requirements
|
1. |
Calculate the after-tax operating income per unit earned by each division under the following transfer-pricing methods: (a) market price, (b) 150% of full cost, and (c) 300% of variable cost. (Income taxes are not included in the computation of the cost-based transfer prices.) |
|
2. |
Which transfer-pricing method(s) will maximize the after-tax operating income per unit of People Able Computer? |
In: Accounting
8. Capital goods are treated as _______ goods and, therefore, _______ GDP.
A. final; included in
B. final; excluded from
C. intermediate; included in
D. intermediate; excluded from
9. Which of the following transactions would be included in the GDP of the United States?
A. Coca Cola produces soft drinks in England.
B. Honda produces cars in Ohio.
C. McDonalds sells hamburgers in Russia.
D. Ford Motors produces cars in Mexico
10. In the year 2006, Pete Rich purchases a painting done by Rembrandt in 1642 for $20 million. He also pays a one percent commission to the auction house that sold the painting. What is the contribution of this transaction to GDP in the year 2006?
A. $0
B. $200,000
C. $2 million
D. $20.2 million
11. The four categories of final users of GDP are:
A. businesses, firms, governments, and the foreign sector.
B. households, the Federal Reserve, governments, and the foreign sector.
C. businesses, corporations, firms, and farms.
D. households, firms, governments, and the foreign sector.
12. Total spending on final goods and services in an economy must equal total:
A. profits.
B. production.
C. revenues from all transactions.
D. investment.
13. Consumption spending includes spending on:
A. durables, nondurables, and services.
B. stocks, bonds, and other financial instruments.
C. capital goods, residential housing, and changes in inventories.
D. goods and services by federal, state, and local governments.
14. Spending on new capital goods, new homes, and the addition of unsold goods to company inventories is included in:
A. consumption expenditures.
B. investment.
C. government purchases.
D. service spending.
15. Government purchases include all of the following EXCEPT:
A. social security benefits paid by the federal government.
B. the construction of a new court house built by a county government.
C. the salary paid to an elementary school teacher employed by a local public school district.
D. the purchase of new military hardware by the U.S. Army.
In: Economics