Zee Corporation manufactures two products, ZeeBrain and
ZeeTrain. Zee expects to incur $75,000 in fixed cost....
Zee Corporation manufactures two products, ZeeBrain and
ZeeTrain. Zee expects to incur $75,000 in fixed cost. Zee’s
expected sales for ZeeBrain is $50,000 and for ZeeTrain is
$150,000. Variable costs for ZeeBrain and ZeeTrain are $20,000 and
30,000, respectively.
The overall BEP($) for Zee Corporation is:
Select one:
a. $75,000
b. $30,000
c. $100,000
d. $25,000
Gore Global is considering the two mutually exclusive projects
below. The cash flows from the projects...
Gore Global is considering the two mutually exclusive projects
below. The cash flows from the projects are summarized below.
Year
ManBearPig Project Cash Flow
Flying Car Cash Flow
0
-$100,000
-$200,000
1
25,000
50,000
2
25,000
50,000
3
50,000
80,000
4
50,000
100,000
What is the ManBearPig’s internal rate of return (IRR) at a 12%
cost of capital?
A.
12.7%
B.
10.0%
C.
14.6%
D.
13.0%
E.
15.9%
Reddington Enterprises is considering the two capital budeting
projects with the following...
A fertilizer plant sets as a goal that the 40th percentile of
its daily total fertilizer...
A fertilizer plant sets as a goal that the 40th percentile of
its daily total fertilizer that does not meet expectations to be
less than than 50 kilograms. Data was collected over a period of 23
days. The test statistic B (as defined in class) is the number of
observations greater than the said percentile’s value, i.e. 50 kg.
What is the p-value for testing the plant’s goal?
(a) P (Bin(23, 0.4) ≥ B)
(b) P (Bin(23, 0.4) ≤ B)...
Refer to the table below which shows production data for a
country. Real GDP for 2019...
Refer to the table below which shows production data for a
country. Real GDP for 2019 is equal to
2018
2019
Price 2018 in $
Price 2019 in $
Chicken
50,000
40,000
10
13
Coconuts
100,000
90,000
1
1.20
Pineapples
30,000
20,000
1.90
1.90
Select one:
a. $657,000
b. $666,000
c. $528,000
d. It cannot be calculated given the data
e. none of the above
A few years ago, a Professor earning $40,000 at a college quit
his job and decided...
A few years ago, a Professor earning $40,000 at a college quit
his job and decided to open his own painting company. He took
$50,000 out of his retirement account earning 10% per year. When
computing his accounting profit he expensed his one employee for
$25,000 and his material costs of $100,000. Suppose he generated
$200,000 in sales. Calculate the accounting profit and economic
profit for the business.
a. 75,000; 30,000
b. 75,000; 35,000
c. 75,000; -15,000
d. 70,000; $35,000...
Griffey Communications recently realized $125,000 in operating
income. The company had interest income of $25,000 and...
Griffey Communications recently realized $125,000 in operating
income. The company had interest income of $25,000 and realized
$70,000 in dividend income. The company’s interest expense was
$40,000.
Taxable Income
Tax on Base of Bracket
Percentage on Excess above Base (%)
Up to $50,000
0
15
50,000-75,000
7,500
25
75,000-100,000
13,750
34
100,000-335,000
22,250
39
335,10,000,000
113,900
34
10,000,000-15,000,000
3,400,000
35
15,000,000-18,333,333
5,150,000
38
Over 18,333,333
6,416,667
35
Using the corporate tax schedule above, what is Griffey's tax
liability?
(please explain...
Gore Global is considering the two mutually exclusive projects
below. The cash flows from the projects...
Gore Global is considering the two mutually exclusive projects
below. The cash flows from the projects are summarized below.
Year
ManBearPig Project Cash Flow
Flying Car Cash Flow
0
-$100,000
-$200,000
1
25,000
50,000
2
25,000
50,000
3
50,000
80,000
4
50,000
100,000
The two projects have the same risk. At what cost of capital would
the two projects have the same net present value (NPV)?
A.
10.03%
B.
-24.45%
C.
2.86%
D.
13.04%
E.
15.90%
The following information was made available concerning the four
departments of the Snake-Bite Company.
The following information was made available concerning the four
departments of the Snake-Bite Company.
A
B
C
D
Sales (in
$)
100,000
25,000
50,000
75,000
Variable cost of gods sold
70,000
15,000 30,000
50,000
Variable selling expenses
10,000
2,000
6,000 12,000
Contribution
margin
20,000
8,000
14,000
13,000
Fixed
costs
20,000
5,000 10,000 15,000
Profit
0
3,000
4,000
(2,000)
The president of the company has decided that one department
must be dropped. Fixed costs have been assigned...
David Wise handles his own investment portfolio, and has done so
for many years. Listed below...
David Wise handles his own investment portfolio, and has done so
for many years. Listed below is the holding time between purchase
and sale for his collection of 36 stocks. 8, 8, 6, 11, 11, 9, 8, 5,
11, 4, 8, 5, 14,7, 12, 8, 6, 11, 9, 7, 9, 15,8, 8, 12, 5, 9, 8, 5,
9, 10, 11, 3, 9, 8, 6 Arrange the data into equal class intervals
of six's (6's) and determine the following: a. Class...