The following frequency distribution shows the number of customers who had an oil change at a particular Jiffy Lube franchise for the past 40 days.

Use this data to construct a relative frequency and cumulative relative frequency distribution. Report all of your answers in the table above to 3 decimal places, using conventional rounding rules.

What percent of the days are there less than 45 customers who had an oil change at this Jiffy Lube? Report your final answer to 2 decimal places, using conventional rounding rules.

ANSWER:          %

What proportion of the days were there 65 – 74 customers at this Jiffy Lube for an oil change? Report your final answer to 4 decimal places, using conventional rounding rules.

ANSWER:         

What percent of the days were there at least 55 customers at this Jiffy Lube for an oil change? Report your final answer to 2 decimal places, using conventional rounding rules.

ANSWER:          %

What is the approximate mean number of customers at this Jiffy Lube for an oil change? Report your final answer to 2 decimal places, using conventional rounding rules.

ANSWER:         

What is the approximate standard deviation of the number of customers at this Jiffy Lube for an oil change? Report your final answer to 2 decimal places, using conventional rounding rules.

ANSWER:         

What is the midpoint of the class interval with the largest frequency? Report your final answer to 2 decimal places, using conventional rounding rules.

ANSWER:         

Financial ratios are essential to assessing to provide an accurate valuation of a firm. Select a publicly-traded firm of your choice. You may use the firm you have elected to profile for the course-long assignment "Financial Analysis and Proposal" or a completely different organization altogether. Select one ratio each in the areas of 1) performance, 2) activity, 3) financing, and 4) liquidity warnings. Provide an evaluation of the selected firm’s strengths and weaknesses. Based on the ratios you selected, how well does your chosen firm perform? Explain. The firm that I am choosing is Wells Fargo. Can you give me more information on 1) performance, 2) activity, 3) financing, and 4) liquidity warnings. Provide an evaluation of the selected firm’s strengths and weaknesses. Based on the ratios you selected, how well does your chosen firm perform? Explain.

• Please use minitab
• Customers are surveyed to ascertain their level of satisfaction. 10 customers in each of 3 regions are surveyed.
• They are asked; “On a scale of 1 to 100, if you were to buy another car, what are the chances it would be American made”?
  • Region A: 67 65 59 59 58 61 66 53 51 64
  • Region B: 66 68 55 59 61 66 62 65 64 74
  • Region C: 87 80 67 89 80 84 78 65 72 85
• Does the satisfaction of the customers vary by region? What is your view of this data?

Adjustment data:On November 1, 2017, Splish Brothers Inc. had the following account balances. The company uses the perpetual inventory method.

During November, the following summary transactions were completed.

On November 1, 2017, Splish Brothers Inc. had the following account balances. The company uses the perpetual inventory method.

1. Consider a tax on the producers in a market. By using supply and demand curves, show the consumer surplus, producer surplus, the equilibrium price and quantity traded before tax. Now show the consumer surplus, producer surplus, equilibrium price and quantity traded after tax.
2. Finally make sure to show the revenue of the tax and the deadweight loss associated with the tax. Now do the same exercise in part-c by assuming a tax on consumers.
3. What happens to consumer surplus, producer surplus, equilibrium price and quantity traded after tax?

A company is trading in a fully depreciated old asset for a new one. Cost of the new asset is $5,000 with a 5 year life and straight-line depreciation will be used. The company receives a $500 allowance for the asset traded in. Additional sales revenue from the investment will be $2,100 and expenses of $400 (excluding depreciation). The company is in a 25% tax bracket. The payback period is:

a. 7.5 years

b. 8.33 years

c. 3.46 years

d. 2.95 years

34. Given the facts in question 53, the ARR is:

a. 17.8%

b. 23.3%

c. 8.9%

d. 8%

McEwan Industries sells on terms of 3/10, net 40. Total sales for the year are $952,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 74 days after their purchases. Assume 365 days in year for your calculations.

a. What is the days sales outstanding? Round your answer to two decimal places. days

b. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.

c. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places. %

d. What is the percentage cost of trade credit to customers who do not take the discount and pay in 74 days? Round your answers to two decimal places. Do not round intermediate calculations. Nominal cost? Effective cost?

e.What would happen to McEwan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 40th day? Round your answers to two decimal places. Do not round intermediate calculations. Days sales outstanding (DSO) = ? days Average receivables =?$

The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the Seattle P-I on April 25, 2005.

Compute the correlation between age (in years) and mileage for these minivans. (Assume the correlation conditions have been satisfied and round your answer to the nearest 0.001.)

IAS 7- Consolidated Cash Flow Statement

On 1 October 2005, MN Bhd (MNB) a parent company disposed of 80% of the issued shares of its wholly own subsidiary PQ Bhd (PQB) for RM280K cash. On the date of the disposal, the balance sheet of PQB, which is consistent with the fair values, is as follows:

B Bhd Balance Sheet as at 1 October 2005

Consolidated Income Statement for the year ended 31 December 2005

Consolidated Balance Sheet as at 31 December 2005

Additional information:

(a)     An investment which had originally cost RM100K was sold for RM130K during the year.

(b)     At the end of the year, a piece of machinery costing RM100K & had been depreciated by RM40K was sold for RM40K cash.

(c)     50% of the balance of notes payable was settled during the first quarter of the year.

(d)A dividend of RM1,220K was paid by MNB during the year to its shareholders.

(e)The other subsidiary net income for the year amounted to RM350K of which RM70K was the share of MI.

(f)During the year MNB received subsidiary dividend of RM300K.

You are required to prepare:

a).     The worksheet for the preparation of a consolidate cash flow statement.

b).     The consolidated statement of cash flows for the year ended 31 December 2005.

Consider the case of Falcon Freight Inc. (FF):

Five years of realized returns for FF are given in the following table. Remember:

Given the preceding data, the average realized return on FF’s stock is   ._________-

The preceding data series represents ________ of FF’s historical returns. Based on this conclusion, the standard deviation of FF’s historical returns is   ._____________

If investors expect the average realized return from 2012 to 2016 on FF’s stock to continue into the future, its coefficient of variation (CV) will be __________________