Marie Corp. has $1400 in debt outstanding and $2900 in common stock (both amounts are market values). Its marginal tax rate is 35%. Marie’s semiannual bonds have a YTM of 8.6%. The current stock price is $47. Next year’s dividend is expected to be $2.50, and it is expected to grow at a constant rate […]
Date: June 15th, 2022
Two thousand frequent business travelers are asked which midwestern city they prefer: Indianapolis, Saint Louis, Chicago, or Milwaukee. 107 liked Indianapolis best, 454 liked Saint Louis, 1370 liked Chicago, and the remainder preferred Milwaukee. Develop a frequency table and a relative frequency table to summarize this information
Date: June 15th, 2022
10. Today is Frank’s 10th birthday. His grandmother has given him $150 today and has promised to give him $150 on each of his birthday’s up to and including his 18th birthday. Assuming grandma lives that long, how much will Frank have saved if he invests all of the birthday cash at a 6% annual […]
Date: June 15th, 2022
Units DollarsJanuary 130 390,000February 120 360,000 March 110 330,000 April 90 270,000 May 100 300,000June 125 375,000Total 675 2,025,000Total sales consist of 25% cash sales, 30% credit cards sales and 45% sales on account. The cash sales and cash from credit cards sales are received in the month of sale. Credit card sales are subject […]
Date: June 15th, 2022
Readings:- Lynn White, Jr. âThe Historical Roots of Our Ecological Crisis,â in Schmitz and Willott, 5-11.- David Schmidtz and Elizabeth Willott, âRespect for Nature: Introduction: The Last Man and the Search for Objective Value,â in Schmidtz and Willow, 42-47.- J. Baird Callicott, âEnvironmental Philosophy Is EnvironmentalActivism: The Most Radical and Effective Kind,â in Schmidtz and […]
Date: June 15th, 2022
All of the following are examples of questions that a financial analyst would ask about acompany’s use of estimates in the recording of expenses except:01a. Do warranty provisions cover actualexpenditures?b. Are sales taxes included inrevenues?c. What expected lives and residual values are used for depreciationcomputations?d. Is the allowance for uncollectible accounts sufficient to coverbad debts?A […]
Date: June 15th, 2022
Need you to explain how you got your answer to this questionYou areevaluating the capability of a process. Standard deviation(s) is 5. Customers have said that they will accept units ranging between 35 and60. The location of the mean isunknown. But your boss wants to know ifthe process is capable of performing to customer specifications […]
Date: June 15th, 2022
Suppose an SRS of 50,000 americans were surveyes and 22,800 of them said they have blue colored eyes.a.Create 90% confidence interval estimator for the population proportion of Americans that have blue colored eyesb. What is the minimum sample size that would be required to estimate the population’s proportion with an error of 0.018 at 98% […]
Date: June 15th, 2022
State the type of hypothesis test to be used in the following situation:In a certain city, there are about one million eligible voters. A simple random sample of size 10,000 was chosen to study the relationship between gender and participation in the last election. The results were: Men Women Voted 27923591 Didn’t Vote 14862131Is there […]
Date: June 15th, 2022
A random sample of 78 students in region A is taken and it is found that 47 of these students watch more than 30 hours of TV per week. A random sample of 64 students in region B is taken and it is found that 29 of these students watch more than 30 hours of […]
Date: June 15th, 2022
