My how time flies! A year ago, Will purchased 100 shares of a
sector fund for...
My how time flies! A year ago, Will purchased 100 shares of a
sector fund for $12.75 per share. Today, its current NAV is $16.75
per share. During the year that Will owned his shares, the fund
paid a total of $0.75 in dividends and realized $0.25 in capital
gains. What is Will’s total return from this investment during his
one-year holding period?
A. 31.37%
B. 39.22%
A manually operated production machine costs $ 50,000. It will
have a service life of 6...
A manually operated production machine costs $ 50,000. It will
have a service life of 6 years with an anticipated salvage value of
$ 3,000 at the end of its life. The machine will be used to produce
one type of part at a rate of 12 units/h. The annual cost to
maintain the machine is $ 2000. A machine overhead rate of 20 % is
applicable to capital cost and maintenance. Labor to run the
machine costs $10.00/h and...
An independent-measures research study uses two samples, a total
of 23 participants in both samples combined....
An independent-measures research study uses two samples, a total
of 23 participants in both samples combined. If the data produce a
t statistic of t = 2.10, then which of the following is the correct
decision for a two-tailed hypothesis test?
Cannot answer without additional information
Reject the null hypothesis with a = .05 but fail to reject with
a = .01.
Reject the null hypothesis with either a = .05 or a = .01.
Fail to reject the null...
The generic metal hydroxide M(OH)2 has Ksp =
9.05×10−12. (NOTE: In this particular problem, because
of...
The generic metal hydroxide M(OH)2 has Ksp =
9.05×10−12. (NOTE: In this particular problem, because
of the magnitude of the Ksp and the stoichiometry of the
compound, the contribution of OH− from water can be ignored.
However, this may not always be the case.)
Part A: What is the solubility of M(OH)2 in pure water? Express
your answer with the appropriate units.
Part B: What is the solubility of M(OH)2 in a 0.202 M
solution of M(NO3)2? Express your answer...
At a particular blood bank, 45% of donors have type O
blood. On a certain day,...
At a particular blood bank, 45% of donors have type O
blood. On a certain day, the blood bank needed 4 donors with type O
blood and it took 12 donors to meet their quota. This surprised the
director since it usually doesn’t take that many donors to find 4
with type O blood. Could this have occurred by random chance or
were people with type O blood particularly stingy on that day?
Design and conduct a simulation (do 10...
Congratulations! You are the CEO of Definitely Diversified,
Inc., which has several completely independent divisions: Fragrant...
Congratulations! You are the CEO of Definitely Diversified,
Inc., which has several completely independent divisions: Fragrant
Flower Delivery, Tea-for-Two Tea Stores, Handy Housecleaning Inc,
Tempting Truffles Candy Company, Water Pump Equipment Inc., and
Practically Paramedic Training Centers. The most recent income
statement is shown below. These revenues and costs are expected to
continue in the future. Definitely Diversified Inc. has overhead of
$480 M. This $480 in overhead is incurred regardless of the number
of divisions, and is allocated evenly...
Related to accounting for marketable securities, the accounting
under the fair value election is similar to...
Related to accounting for marketable securities, the accounting
under the fair value election is similar to that for which of the
following portfolios (be sure to consider both the balance sheet
and income statement impact)?
A.
Trading portfolio
B.
Available-for-sale portfolio
C.
Hold-to-maturity Portfolio
D.
Both A and B
E.
None of the above
Investment A will pay dividends of $2,700 per year for 5 years,
whereas Investment B will...
Investment A will pay dividends of $2,700 per year for 5 years,
whereas Investment B will pay dividends of $3,500 per year for 7
years. Which of these cash flow streams has the higher present
value if the discount rate is 10%? Show your work
Liquidation
Southwestern Wear Inc. has the following balance sheet:
Current assets
$1,875,000
Accounts payable
$375,000
Fixed...
Liquidation
Southwestern Wear Inc. has the following balance sheet:
Current assets
$1,875,000
Accounts payable
$375,000
Fixed assets
1,875,000
Notes payable
750,000
Subordinated debentures
750,000
Total debt
$1,875,000
Common equity
1,875,000
Total assets
$3,750,000
Total liabilities and equity
$3,750,000
The trustee's costs total $239,500, and the firm has no accrued
taxes or wages. Southwestern has no unfunded pension liabilities.
The debentures are subordinated only to the notes payable. If the
firm goes bankrupt and liquidates, how much will each class of...
A new taproom is trying to figure out how many different
microbrews to carry. They estimate...
A new taproom is trying to figure out how many different
microbrews to carry. They estimate every tap added will increase
revenue, but with diminishing returns: each tap will increase
profits by 20% less than the tap before. Revenue from the first tap
is $10,000, adding the second is $10,000+$8000 =$18,000, the third
tap is $18,000+$6,400=$24,400, and so on. If the fixed costs of the
bar are $30,000 and each tap costs $400, how many taps should the
bar install...
A humane society claims that less than 35% of U.S. households
own a dog. In a...
A humane society claims that less than 35% of U.S. households
own a dog. In a random sample of 400 U.S. households, 156 say they
own a dog. At the 10% level of significance is there enough
evidence to support the society’s claim? Note: Show (a) The
hypothesis structure, (b) The p-value and if you accept or reject
the claim, (c) The conclusion as a verbal statement.