You are planning for a very early retirement. You would like to retire at age 40 and have enough money saved to be able to draw

$ 210 comma 000$210,000

per year for the next

4040

years​ (based on family​ history, you think​ you'll live to age

8080​).

You plan to save for retirement by making

2020

equal annual installments​ (from age

2020

to age​ 40) into a fairly risky investment fund that you expect will earn

1010​%

per year. You will leave the money in this fund until it is completely depleted when you are

8080

years old.

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​(Click the icon to view the present value annuity​ table.)                                            

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​(Click the icon to view the future value annuity​ table.)

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​(Click the icon to view the present value​ table.)                                                     

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​(Click the icon to view the future value​ table.)

To make your plan work answer the following​ questions:

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​(Click the icon to view the​ questions.)

1. How much money must you accumulate by​ retirement?

​(Hint​:

Find the present value of the

$ 210 comma 000$210,000

​withdrawals.)

Calculate the present value to find out how much money must be accumulated by retirement. ​(Round your answer to the nearest whole​ dollar.)

2. How does this amount compare to the total amount you will draw out of the investment during​ retirement? How can these numbers be so​ different?

These numbers are different​ because:

A.

You need to have far less accumulated than what you will withdraw because you only withdraw a portion of the investment every

yearlong dash—the

balance remains invested where it continues to earn

1010​%

interest.

B.

You need to have the same accumulated as you will withdraw because you will not earn further interest on your investment when you reach retirement.

C.

You need to have far more accumulated than what you will withdraw because you will withdraw a large portion of the investment every

yearlong dash—the

balance remains invested where it continues to earn

1010​%

interest.

D.

None of the above.

Please not sure of it is A , B Oor D . THANKS

The local library if they get more patrons visiting by shifting some early morning hours to evening. They take a sample of days with morning hours included 8-5pm compared to 12-9pm.

8am-5pm hours: 50, 40, 60, 60, 70, 35, 40

12-9 PM hours : 40, 80, 70, 60, 85, 90, 70

1. Provide null and alternative hypotheses in formal terms and layperson's terms for the t test for independent samples

2. Do the math and reject or accept at a=.05

3. Explain the results in layperson's terms

4. Calculate and explain a 95% confidence interval in layperson's terms if appropriate.

The library thinks the average number of patrons for 12-9 PM hours is 60. Use the data for 12-9 from the previous question

1. Provide the null and alternative hypotheses formal and layperson’s informal terms for a t one-sample test.

2. Do the math and reject or accept at a=0.05

3. Explain the results in layperson’s terms

Jonna Vella, Inc. is raising $250,000 in early stage money to fund development of their prototype. The company is still in a very early stage, and doesn't feel ready to put a valuation on themselves. So they are raising this round as a convertible debt round with the following parameters: the debt will convert to equity on the first priced round, at the valuation of the firm in that priced round, plus a 20% bonus. The debt will earn 5% per year until conversion. Suppose that the company raises $1 million in a priced round in one year, and that the round values the company at $10 million.

How much will the debt be worth (in dollars) at the time of conversion?

What % ownership of the company will that represent, at the time of conversion?

What % ownership of the company will the new investors want to own for their $1 million?

If the founders own 100,000 shares, how many shares will the new investors receive?

How many shares will the convertible debt holders receive at conversion?

Make a simple table to show the shares owned, and corresponding % ownership, by each of the three groups (founders, convertible debt investors, equity investors) after conversion.

Suppose that the convertible debt investors try to negotiate a larger "bonus" of 25% to their investment (so they would receive an extra 25% share of the company instead of 20%). Who would benefit from this, and who would lose?

Suppose that the convertible debt investors negotiate a valuation "cap" of $5 million. This means that their debt would convert as if the company were worth no more than $5 million, regardless of the valuation from the priced round. Who wins and loses with this valuation cap?

Explain each question

The local library if they get more patrons visiting by shifting some early morning hours to evening. They take a sample of days with morning hours included (8-5) compared to 12-9. Data below.

8am-5pm hours: 50, 40, 60, 60, 70, 35, 40 12-9 PM hours : 40, 80, 70, 60, 85, 90, 70

a) Provide null and alternative hypotheses in formal terms and layperson's terms for the t test for independent samples

b) Do the math and reject/accept at a=.05

c) Explain the results in layperson's terms

d) Calculate and explain a 95% confidence interval in layperson's terms if appropriate. If not, you must explain why not.

Question 5

A researcher is undertaking an early stage investigation into the possible effect of a food additive on the weight of rats. The additive is a “designer” chemical aimed at increasing growth rate. Data from the experiment are contained in the file STA201 201960 Assignment 2 Rat Diets.xlsx. (a) Show the data in a structure that allows it to be readily analysed using R Commander. (1 mark) (b) The researcher intends to determine if there is evidence that the additive has increased the weight of rats. State the appropriate null and alternate hypotheses in this instance. (c) Show the output when R Commander is used to undertake the relevant Welsch two sample t test, using a 5% level of significance. (d) Clearly state the conclusion for the test and justify this by referencing a value or values from the R Commander output. (e) State the statistical assumptions underlying Welch’s two sample t test. (f) Say if it would have been appropriate here to use the paired t test and justify your decision.

Activity based costing "blasted" on the cost accounting scene in the late 1980s and early 1990s. It's authors, Dr. Robert Kaplan and Dr. Robin Cooper, from Harvard University, presented it as a more accurate costing method which would improve the accuracy of accounting information, and therefore lead to much improved decisions, leading to more profitable and successful companies. Has ABC lived up to its hype? Has it been a success? A dud? or somewhere in between? Is the novelty wearing off? Find evidence in the literature to support your opinion.

Early in 2014, Jones Industries was formed with authorization to issue 125,000 shares of $20 par value common stock and 15,000 shares of $100 par value cumulative preferred stock. During 2014, all the preferred stock was issued at par, and 90,000 shares of common stock were sold for $35 per share. The preferred stock is entitled to a dividend equal to 5 percent of its par value before any dividends are paid on the common stock. During its first five years of business (2014 through 2018), the company earned income totaling $3,850,000 and paid dividends of 55 cents per share each year on the common stock outstanding. On January 2, 2016, the company purchased 2,000 shares of its own common stock in the open market for $80,000. On January 2, 2018, it reissued 1,200 shares of this treasury stock for $60,000. The remaining 800 shares were still held in treasury at December 31, 2018. Required:

1. Prepare the stockholders’ equity section of the balance sheet at December 31, 2018. Include a supporting schedule showing (1) your computation of any paid-in capital on treasury stock and (2) retained earnings at the balance sheet date. (Hint: Dividends are not paid on shares of stock held in treasury).

2. As of December 31, 2018, compute the company’s book value per share of common stock.

3. At December 31, 2018, shares of the company’s common stock were trading at $48. Explain what would have happened to the market price per share had the company split its stock 2-for-1 at this date. Also explain would have happened to the par value of the common stock and to the number of common shares outstanding.

1. Distinguish between paid-in capital and retained earnings of a corporation. Why is such a distinction useful? What are the major transactions and other financial activities that impact the amount of paid-in capital of a corporation? Identify for each major type of transaction or activity whether it increases or decreases the amount of paid-in-capital.

2. Describe the usual nature of the following features as the apply to a share of preferred stock: a. Cumulative b. Convertible

3. What is the purpose of a stock split?

4. What is treasury stock? Why do corporations purchase their own shares? Is treasury stock an asset? How should it be reported in the balance sheet?

Fairbain Corporation was newly formed early in 20X1. The following information relates to the full year:

Raw materials purchased (net) $3,000,000 Direct labor costs 2,000,000 Factory overhead 1,500,000 Selling, general & administrative 700,000

80% of the available raw material was transferred into production. 75% of the work in process was completed. 90% of the finished goods were sold. 10% of factory overhead related to depreciation. 20% of SG&A related to depreciation.

(a) How much is in ending inventory for (1) raw materials, (2) work in process, and (3) finished goods?

(b) How much is in (1) cost of goods sold and (2) SG&A expense for the period?

(c) How much of the total depreciation for the period is charged against income during the period?

Early in 2015, Menan Corporation engaged Roberts, Inc. to design and construct a complete modernization of Menan's manufacturing facility. Construction was begun on May 1, 2015. Menan made the following payments to Roberts, Inc. during 2015:

In order to help finance the construction, Nolan issued the following during 2015:

1. $12,000,000 of 10-year, 9% bonds payable, issued at par on May 1, 2015, with interest payable annually on May 1.

2. 20,000,000 shares of no-par common stock, issued at $10 per share on May 1, 2015.

In addition to the 9% bonds payable, the only other debt outstanding during 2015 was an $8,000,000, 12% note payable dated January 1, 2012 and due January 1, 2022, with interest payable annually on January 1.

What is the total amount to be debited to the 'Manufacturing Facility' account during the year 2015?