Business Consulting company Income Statement For the Year Ended December 31, 2017 Revenue: Consulting revenue earned...

Business Consulting company Income Statement For the Year Ended December 31, 2017 Revenue: Consulting revenue earned $98,000 Expenses: Cost of goods sold $46,500 Rent expense $3,700 Salary expense (by production) $5,500 Equipment expense $2,000 Utilities (by production) $4,600 Income before income tax _________ Income Tax expense 17,400 Net Income _________ Check the Income statement of the consulting company and calculate the following: Net Income: Gross Profit (Revenue-Cost of good sold): Please split the expenses (list the items and then calculate...

David & Sons Company is experiencing a decline in market share percentage. The company may still...

David & Sons Company is experiencing a decline in market share percentage. The company may still earn a higher operating income if the A. Market as a whole is also declining B. Market as a whole is stable C. Market as a whole is shifting D. Market as a whole is growing E. Firm reduces operating costs

You wish to retire in 20 years. Currently, your pre-retirement fund has RM50,000 in a savings...

You wish to retire in 20 years. Currently, your pre-retirement fund has RM50,000 in a savings account yielding 3.0% annually and RM300,000 quality stocks yielding 11.0% annually. Furthermore, you expect to add RM8,000 to the savings account and RM15,000 to your stock portfolios at the end of each year in the next 20 year. You will keep this fund until the retirement date. 1.Calculate the overall rate of return per year that you must earn on your post-retirement fund if...

A grasshopper starts jumping forward on the real axis, starting at 0 in the positive direction....

A grasshopper starts jumping forward on the real axis, starting at 0 in the positive direction. Her jump sizes are independent identically distributed (i.i.d.) random variables, each has exponential distribution with mean 2 units (say, feet). After she jumps over point 9 (for the first time), she starts jumping back, now making i.i.d jumps having exponential distribution with mean 1. 1.1 (15 points) What is the probability that the number of forward jumps it takes her to jump over 9...

describe the Time Value of Money (TVM) concept with an example in your own words and...

describe the Time Value of Money (TVM) concept with an example in your own words and explain why it is important to investors.

which of the following is correct ? Group of answer choices The market value of the...

which of the following is correct ? Group of answer choices The market value of the debentures is not affecting the calculation of the WACC Tax-adjustment is required to calculate the cost of ordinary and preference share capital The cost of equity under the dividend growth model and the CAPM may or may not be equal in practice The cost of equity is always higher than the WACC of the company

A 160 g copper bowl contains 170 g of water, both at 22.0°C. A very hot...

A 160 g copper bowl contains 170 g of water, both at 22.0°C. A very hot 390 g copper cylinder is dropped into the water, causing the water to boil, with 14.9 g being converted to steam. The final temperature of the system is 100°C. Neglect energy transfers with the environment. (a) How much energy is transferred to the water as heat? (b) How much to the bowl? (c) What is the original temperature of the cylinder? The specific heat...

An Eastern diamondback rattlesnake was milked until 0.109 g of venom was obtained. The venom was...

An Eastern diamondback rattlesnake was milked until 0.109 g of venom was obtained. The venom was then administered subcutaneously in equal portions to 640 mice with an average weight of 0.64 oz, and exactly half the mice died. What is the LD50 (in g/kg) for the snake venom in mice?

All of the following about epidemiology are true EXCEPT: It seeks to describe the frequency of...

All of the following about epidemiology are true EXCEPT: It seeks to describe the frequency of disease and its distribution It is a disease that occurs regularly in a population It assesses determinants of disease Today it is applicable to safety prevention and bio-terrorism

A stock price is currently $50. It is known that at the end of two months...

A stock price is currently $50. It is known that at the end of two months it will be either $53 or $48. The risk-free interest rate is 10% per annum with continuous compounding. What is the value of a two-month European call option with a strikeprice of $49? Use no-arbitrage arguments. At the end of two months the value of the option will be either $4 (if the stock price is $53) or $0 (if the stock price is...

table below Status as Adolescents / No. of Participants / Deaths from CHD Overweight / 238/...

table below Status as Adolescents / No. of Participants / Deaths from CHD Overweight / 238/ 40 Lean/ 270/30 Based on the table below, calculate and interpret the relative risk of CHD death associated with overweight status as adolescents compared to lean adolescents. Status as Adolescents No. of Participants Deaths from CHD Overweight 238 40 Lean 270 30 a )The CHD rate is 1.55 times greater for overweight adolescents compared to lean adolescents. b) The CHD rate is 1.32 times...

"If a negative EFN (External Financing Needed, aka AFN) is lessening the firms debt because of...

"If a negative EFN (External Financing Needed, aka AFN) is lessening the firms debt because of the ability to pay off existing debt, then it is also reducing the cost of capital. This means that the firm does not have to use as many funds, as a percent (WACC), in order to operate at a level of at least breaking even. If a firm wants to reduce its WACC it should use its negative EFN to pay off debt." The...

1) Suppose n1 = 15, n2 = 12, the means for samples 1 and 2 are...

1) Suppose n1 = 15, n2 = 12, the means for samples 1 and 2 are 70.5 and 78.5, respectively, and the standard deviations for samples 1 and 2 are 8.27 and 8.38, respectively. Test H0: μ1 ≤ μ2 vs. Ha: μ1 > μ2 using α = 0.05. Be sure to: a) Address all necessary assumptions for running a t-test; b) Regardless of whether or not the assumptions are met, run a t-test. calculate the test statistic; c) Calculate the...

Describe what a positive and negative externality is. Give examples of each type. What are the...

Describe what a positive and negative externality is. Give examples of each type. What are the private and external costs of production? Show the effect on a supply and demand curve of a negative externality

1. A 100.0-mL sample of 0.500 M sodium hydroxide is titrated with 0.100 M nitric acid....

1. A 100.0-mL sample of 0.500 M sodium hydroxide is titrated with 0.100 M nitric acid. Calculate the pH before the titration begins. 2. A 1.0-L buffer solution contains 0.100 mol HCN and 0.100 mol LiCN. The value of Ka for HCN is 4.9 x 10-10. Because the initial amounts of acid and conjugate base are equal, the pH of the buffer is equal to pKa = -log (4.9 x 10-10) = 9.31. Calculate the new pH after the addition...

What kind of products are common resources and what specific problems arise because of the characteristics...

What kind of products are common resources and what specific problems arise because of the characteristics of these products? How is this problem fixed?

Bringham Company issues bonds with a par value of $560,000 on their stated issue date. The...

Bringham Company issues bonds with a par value of $560,000 on their stated issue date. The bonds mature in 8 years and pay 7% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10%. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. How many semiannual interest payments will be made...

Asiatic Express is a US firm and is considering starting a project in Malaysia. The project...

Asiatic Express is a US firm and is considering starting a project in Malaysia. The project would end in 4 years. The expected (required) rate of return is 20%. It requires an initial investment of $100,000 Malaysian dollars and the following yearly cashflows (all in Malaysian dollars) are: $30,000 in year 1, $50,000 in year 2, $70,000 in year 3, $90,000 in year 4. Question What is the cash flow to the parent in US dollars for year 1, year...

In a certain probability problem, we have 11 variables: A, B1, B2, ..., B10. Variable A...

In a certain probability problem, we have 11 variables: A, B1, B2, ..., B10. Variable A has 6 values. Each of variables B1, ..., B10 have 5 possible values. Each Bi is conditionally indepedent of all other 9 Bjvariables (with j != i) given A. Based on these facts: Part a: How many numbers do you need to store in the joint distribution table of these 11 variables? Part b: What is the most space-efficient way (in terms of how...

Glade Company produces a single product. The costs of producing and selling a single unit of...

Glade Company produces a single product. The costs of producing and selling a single unit of this product at the company's current activity level of 8,000 units per month are: Direct Materials ……………………………………………........................ $2.50 Direct labor ……………………………………………………...………… $3.00 Variable manufacturing overhead ……………………………..………….. .$0.50 Fixed Manufacturing Overhead …………………………...……………….. $4.25 Variable selling and administrative expenses………………………………. $1.50 Fixed selling and administrative expenses………………………………….. $2.00 The normal selling price is $15 per unit. The company's capacity is 10,000 units per month. An order has been...