Cornwell Company is in business since 2010, makes swimwear for professional athletes. Analysis of the firm's record for the year reavelas the following:
Average swimsuit selling price $140
Average swimsuit expenses:
Direct Material $60
Direct labor 25
Variable overhead 15
Annual fixed cost:
Selling $20,500
Administrative 48,000
The company's tax rate is 40 percent. Daisy Rin, company president, has asked you to help her answer: What is the break-even point in number of swimsuits and in dollar?
In: Accounting
Using the table below calculate the missing values.
Year | Nominal GDP | Real GDP | GDP Deflator |
1 (2007) | 3,753 | ____________ | 81 |
2 (2008) | 4,551 | 5,009 | ____________ |
3 (2009) | 5,150 | ____________ | 100.00 |
4 (2010) | 5,666 | 5,255 | ____________ |
5 (2011) | ____________ | 6,175 | 158 |
Enter the missing values : the inflation/growth rates as indicated below.
Inflation rate year 1-2 ____________
Inflation rate year 3-4 ____________
Real growth rate yr. 2-3 ____________
Real growth rate yr. 4-5 ____________
In: Economics
A machine acquired on January 4, 2009, at a cost of $425,000, has an estimated useful life of nine years and an estimated residual value of $65,000. (10 points)
What was the amount of depreciation for the years 2009, 2010, and 2011, using the straight-line method of depreciation?
What was the book value of the machine on January 1, 2012?
Assume that the machine was sold on January 9, 2012, for $290,000 journalize the entry to record the sale
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Assume that the machine had been sold on January 9, for $310,000, journalize the entry to record the sale.
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In: Accounting
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In: Accounting
Why is it important to know the patient's learning style(s)?
2) How is awareness of learning style relate to health assessment?
3) Discuss the rationale for obtaining a family history.
4) Discuss the rationale for obtaining a systems review.
5) Please identify, read, and post the citation (in proper APA format) for an evidenced-based article regarding the complete health history. The article should be from a peer-reviewed journal since 2010. Please provide a 1-3 sentence commentary on the article and how it relates to the discussion.
In: Nursing
Sally Reynolds sells real estate along the coastal area of Northern California. Below are her total annual commissions between 2007 and 2017.
| Year | Amount (thousands) |
| 2007 | 292.16 |
| 2008 | 233.80 |
| 2009 | 206.97 |
| 2010 | 202.67 |
| 2011 | 164.69 |
| 2012 | 206.53 |
| 2013 | 237.51 |
| 2014 | 225.57 |
| 2015 | 255.33 |
| 2016 | 248.14 |
| 2017 | 269.11 |
Click here for the Excel Data File
Find the mean, median, and mode of the commissions she earned for the 11 years. (Round your answers to 2 decimal places.)
In: Statistics and Probability
In 1980 the combined employee and employer Social Security tax was 15%, and the monthly wage was $2,400. The number of workers was 90 million and the number of beneficiaries was 10 million.
Calculate the average Social Security benefit.
By 2010 the inflation adjusted monthly wage was $2,600, the number of workers was 80 million, and the number of beneficiaries was 20 million. What would the tax rate have to be to provide the same inflation adjusted monthly benefit that you were able to calculate for part a? (If you were unable to determine the benefit in part a, use $3,000 for this problem.)
In: Economics
Obtuse Ltd has recorded the following end-of-year share prices and paid dividends: Year Price Dividend 2010 $1.20 $0.00 2011 $1.35 $0.05 2012 $1.12 $0.00 2013 $1.47 $0.00 2014 $1.71 $0.05 2015 $1.69 $0.00 2016 $1.82 $0.06 2017 $1.87 $0.10 Calculate the yearly returns for this share. Calculate the standard deviation of returns for the company's shares. This question has been answered but I want to know how he arrived at the result of standard deviation (15.58%). Thanks
In: Finance
The annual revenues collected in each of the past ten years for the Orange County Solid Waste Division are provided below. If the revenue total for 2014 is $42,843,901, which revenue projection method (SMA, TMA, or regression) is the most accurate in this case? Use APE to justify your answer. Use the last three years of revenues for moving averages and all years for regression
|
Year |
Revenue |
|
2005 |
33,120,989 |
|
2006 |
36,979,392 |
|
2007 |
36,390,302 |
|
2008 |
35,678,632 |
|
2009 |
37,986,901 |
|
2010 |
39,697,702 |
|
2011 |
37,639,287 |
|
2012 |
39,479,675 |
|
2013 |
40,099,709 |
In: Statistics and Probability
Please include bell shape curve.
According to the National Association of Realtors, 44% of U.S. homes sold in March 2010 were purchased by first-time buyers. A random sample of 175 people who just purchased homes is selected.
a. Calculate the standard error of the proportion.
b. What is the probability that less than 80 of them are first-time buyers?
c. What is the probability that more than 84 of them are first-time buyers?
d. What is the probability that between 66 and 72 of them are first-time buyers?
In: Statistics and Probability