Questions
Kurtulus Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...

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 2,400
Materials costs $ 8,800
Conversion costs $ 4,100
Percent complete with respect to materials 55 %
Percent complete with respect to conversion 25 %
Units started into production during the month 8,300
Units transferred to the next department during the month 7,500
Materials costs added during the month $ 111,900
Conversion costs added during the month $ 85,000
Ending work in process inventory:
Units in ending work in process inventory 3,200
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:

Multiple Choice

$186,418

$177,118

$165,105

$202,108

In: Accounting

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72,...

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is $9. The company also has two bond issues outstanding. The first bond issue has a face value of $85 million, a coupon rate of 5 percent, and sells for 97 percent of par. The second issue has a face value of $70 million, a coupon rate of 4 percent, and sells for 109 percent of par. The first issue matures in 21 years, the second in 8 years.

Suppose the most recent dividend was $4.40 and the dividend growth rate is 4.7 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 23 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.)

In: Finance

Suppose that we are interested in learning about the level of fan support for the UNCG...

Suppose that we are interested in learning about the level of fan support for the UNCG women's basketball team. We are considering different sampling strategies for choosing a sample of individuals to survey. From the following list select which strategies will most likely lead to an unbiased estimate of the overall fan support.

Group of answer choices

1. Survey the first 300 fans to arrive at the game.

2. Assume that the tickets are numbered on both ends with the same number. As the fans come in the door, we tear the ticket and place one half in a hat and once the game has started, we draw out 50 tickets at random and survey the holders of those tickets.

3. Select 500 fans who are wearing Blue and Gold

4. Survey the first 200 fans to leave the game.

5. Using a random number generator chose a sample of 100 fans from a list of ticket holders.

In: Statistics and Probability

Dinklage Corp. has 7 million shares of common stock outstanding. The current share price is $79,...

Dinklage Corp. has 7 million shares of common stock outstanding. The current share price is $79, 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 $120 million, a coupon rate of 4 percent, and sells for 92 percent of par. The second issue has a face value of $105 million, a coupon rate of 3 percent, and sells for 104 percent of par. The first issue matures in 22 years, the second in 7 years. Suppose the most recent dividend was $4.75 and the dividend growth rate is 5.2 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 25 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.)

In: Finance

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing...

Inacio 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 $ 14,100
Conversion costs $ 6,200
Percent complete with respect to materials 75 %
Percent complete with respect to conversion 20 %
Units started into production during the month 10,700
Units transferred to the next department during the month 9,600
Materials costs added during the month $ 173,200
Conversion costs added during the month $ 243,200
Ending work in process inventory:
Units in ending work in process inventory 3,100
Percent complete with respect to materials 90 %
Percent complete with respect to conversion 30 %

The cost per equivalent unit for materials for the month in the first processing department is closest to:

Multiple Choice

$13.17

$14.11

$12.86

$15.12

In: Accounting

Dinklage Corp. has 9 million shares of common stock outstanding. The current share price is $81,...

Dinklage Corp. has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $7. The company also has two bond issues outstanding. The first bond issue has a face value of $130 million, a coupon rate of 6 percent, and sells for 92 percent of par. The second issue has a face value of $115 million, a coupon rate of 5 percent, and sells for 103 percent of par. The first issue matures in 24 years, the second in 10 years.

Suppose the most recent dividend was $4.85 and the dividend growth rate is 5.2 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.)

In: Finance

Most Major airports have separate lots for long-term and short-term parking. The cost to park depends...

Most Major airports have separate lots for long-term and short-term parking. The cost to park depends on the lot you select , and how long you stay. Considering this rate structure on the lot you select, and how long you stay. Consider this rate structure from the Salt Lake International Airport during the summer of 2016.

Long-Term (Economy) Parking

-The First Hour is $2.00, and each additional hour or fraction thereof is $1.00

-Daily maximum $9.00

-Weekly maximum $60

Short Term Parking

-The first 30 minutes are $2.00 and each additional 20 minutes or fraction thereof is $1.00

-Daily maximum $32.00

Write a program using matlab that asks the user the following:

-Which lot are you using?

-How many weeks, hours, days, and minutes did you park? Your program should calculate the parking bill.

In: Computer Science

Bonaime, Inc., has 7.9 million shares of common stock outstanding. The current share price is $62.90,...

Bonaime, Inc., has 7.9 million shares of common stock outstanding. The current share price is $62.90, and the book value per share is $5.90. The company also has two bond issues outstanding. The first bond issue has a face value of $71.9 million, a coupon rate of 7.4 percent, and sells for 88.5 percent of par. The second issue has a face value of $36.9 million, a coupon rate of 8.4 percent, and sells for 87.5 percent of par. The first issue matures in 18 years, the second in 10 years. The most recent dividend was $3.80 and the dividend growth rate is 5 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 40 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.)

In: Finance

Dinklage Corp. has 5 million shares of common stock outstanding. The current share price is $71,...

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.)

In: Finance

provide and discuss a specific example of socialization from life experience. (For example, you can discuss...

provide and discuss a specific example of socialization from life experience. (For example, you can discuss your involvement in sports, music, theater, or other group activities, your first paid job, moving to a new city, or an important family/cultural event or holiday, like Thanksgiving).

  1. First, explain the experience in detail and then talk about what skills, values, or knowledge you developed as a result.
  2. Identify the key agents of socialization (such as family, teachers, or coaches) and their various social roles and identities.  What agents were most directly involved in this experience, and why?
  3. Reflect on the ways in which this experience is connected to cultural values and norms.  Which cultural values and norms did you learn about through this experience?
  4. Discuss how this experience contributed to your perspective and position in society or social group.  What did you learn about yourself? What did you learn about society?

In: Psychology