(DRUG DOSAGE PROBLEM) A drug company wants to know how to calculate a suitable dose and time between doses to maintain a safe but effective concentration of a drug in the blood. To be simple for the users of the drug, only a fixed dose at regular time intervals is considered possible. Suggest a way to model the problem, determine the main issues involved, and work out a solution. The answer should be a formula or algorithm for computing the dose and time interval.

It is up to you to make the problem formulation precise, to determine what additional input data you might need, to make necessary reasonable assumptions and simplifications, and to decide how to organize your work in suitable subtasks. Hint: Do not mix all difficulties at the same time. First think just on a suitable model rather than trying to solve the problem. Only consider the most basic aspects first, and make appropriate simplifications. The model can be extended later if this is needed.

Multiple Choice

• 12.93%

• 9.42%

• 9.12%

• 18.54%

• 9.27%

Your friend, Diana Wood, recently completed the second year of her business and just received annual financial statements from her accountant. Wood finds the income statement and balance sheet informative but does not understand the statement of cash flows. She says the first section is especially confusing because it contains a lot of additions and subtractions that do not make sense to her. Wood adds, “The income statement tells me the business is more profitable than last year and that's most important. If I want to know how cash changes, I can look at comparative balance sheets.

”Write a half-page memorandum to your friend explaining the purpose of the statement of cash flows. Speculate as to why the first section is so confusing and how it might be rectified. Any sources used to support the information included in your memorandum should be cited using APA Style.

Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

The cost of ending work in process inventory in the first processing department according to the company’s cost system is closest to:

The first week of the course you were asked to give an example of how you would use statistics in your job or everyday life. As expected, most of you gave examples of descriptive statistics. They were things like finding averages, using graphs or considering the chance of something happening. As you have now discovered there is an entire second branch of statistics called Inferential Statistics. In this post I am asking the same question but this time I want your examples to relate to Inferential Statistics (things like confidence intervals and hypothesis testing). You need to give TWO examples. For the first example, identify something that you could use in your everyday life and for the second example identify something you could use it for in your job or your future profession if you are not currently working. You should be specific and avoid just saying vague statements.

Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

The cost of ending work in process inventory in the first processing department according to the company’s cost system is closest to:

Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 2,000 Materials costs $ 8,400 Conversion costs $ 3,700 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,900 Units transferred to the next department during the month 7,100 Materials costs added during the month $ 111,500 Conversion costs added during the month $ 84,600 Ending work in process inventory: Units in ending work in process inventory 2,800 Percent complete with respect to materials 70 % Percent complete with respect to conversion 55 % The total cost transferred from the first processing department to the next processing department during the month is closest to:

Dinklage Corp. has 5 million shares of common stock outstanding. The current share price is $71, and the book value per share is $10. The company also has two bond issues outstanding. The first bond issue has a face value of $80 million, a coupon rate of 4 percent, and sells for 96 percent of par. The second issue has a face value of $65 million, a coupon rate of 3 percent, and sells for 108 percent of par. The first issue matures in 20 years, the second in 9 years. Suppose the most recent dividend was $4.35 and the dividend growth rate is 4.6 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 22 percent. What is the company’s WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.