1-Match correct sequence. Select A,B,C,D, or E 1. Your company is bidding to supply towels to a government agency where the supplier with the lowest bid will win the contract. The cost of the contract is estimated to be $136,000, which the company increases by 15% to provide for profit. You have estimated that the competitor's
A private high school hires a new Superintendent, George Forester. The school is owned by a local Lutheran Church and is run by a board of directors chosen by church members. Supt. Forester shows up for his first day of work, and sends a memo via intercompany mail to all teachers: Dear Staff: There is a new Sheriff in town -
What is the probability that you will receive an "A" grade? Explain the factors you have used in arriving at this probability assessment. Do you believe that all students in your class will arrive at the same probability assessment that you have? Why or why not? Explain what is meant by subjective probability. Research t
1. The excel file closing stock prices provides data for four stocks over a 6 month period. A. Develop a spreadsheet module for forecasting each of the stock prices using simple moving average and simple exponential smoothing. B. Using MAD, MSE, and MAPE as guidance, find the best number of moving average periods and best s
For 2011, Flint Corporation sold 100,000 units of its profit for $20 each. The variable cost per unit was $12, and Flint's margin of safety was 30,000 units. What was the amount of Flint's total fixed costs?
Statistics: Characteristics of central limit theorm and expalination of intervals & estimation of sample sizes
Why do so many of life's events share the same characteristics as the central limit theorem? Why are estimations and confidence intervals important? When might systematic sampling be biased? Explain. What roles do confidence intervals and estimation play in the selection of sample size? The response addresses the queries post
Need help with these two questions:can anyone help me solve these two questions 1.You have been asked to ship a package from Pennsylvania to California. You need to get it there in 2 days, heads will roll if it is late.You call 2 carriers, and ask them what their average transit time is to California. Carrier A says they a
A payoff table is a data analysis tool used tell you what the payoffs will be for different outcomes. An expected payoff table gives us the outcome times the probability that it will occur. Give examples (in the simplest form) of these two tables using real data.
In describing the relationship of affirmative action and descriptive statistics, I said, "Affirmative action is the legal enforcement of policies, descriptive statistics is specific descriptive data derived from research. The relationship of the two, or the association, is descriptive statistics is the groundwork base for the af
7.9 Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9 percent. a. What is the yield to maturity at a current market price of (1) 829 or (2) $1,104? b. Would you pay $829 for each bond if you thought that a "fair" market interest rat
Cost Accounting Red River Farm Machine makes a wide variety of products, all of which must be processed in the cutting and Assembly departments. For the year 2010, Red River budgeted total overhead of $993,000, of which $385,500 will be incurred in cutting and the remainder will be incurred in Assembly. Budgeted direct labor
Red River Farm Machine makes a wide variety of products, all of which must be processed in the cutting and Assembly departments. For the year 2010, Red River budgeted total overhead of $993,000, of which $385,500 will be incurred in cutting and the remainder will be incurred in Assembly. Budgeted direct labor and machine hours a
1. What is the main difference between descriptive and inferential statistics. Give a brief example of each. 2. Under what circumstances is the mean the best measure of central tendency? When is the median the best measure? Give some examples of applications to back up your thoughts.
1. How do you think efficient market hypothesis should impact the drafting of accounting standard 2. Does accounting really have predicting power?
For each of the summarized transactions for the village of sycamore general fund prepare the general ledger journal entries, this year is January 1 â?" December 31, 2009. a. The budget was formally adopted providing for estimated revenues of $1,000,000 and appropriations of $980,000 b. Revenues were received, all in cash, in
Prepare budgetary entries, using general ledger accounts only for each of the following unrelated situations. a. Anticipated revenues are $10 million; anticipated expenditures and encumbrances are $9.8 million b. Anticipated revenues are $9.8 million; anticipated expenditures and encumbrances are $10 million c. Anticipated re
The following table represents gas well completions during 1986 in North and South America. D D' Dry Not Dry N North America 14,131 31,575 45,706 N′ South America 404 2,563 2,967 14,535 34,138 48,673 a. Draw a Venn diagram that summarizes the information in the table.
Do children have an understanding of negative numbers? If so, what is their understanding? If not, how might you help them develop an understanding of negative numbers?
List the steps involved in selecting and evaluating a non statistical or a statistical sample for tests of controls. Identify the professional judgments that must be made associated with each step.
Using 2000 as the base period, construct a leading economic indicator for 2005, and interpret your leading index.
The index of leading economic indicators, compiled and published by the U.S. National Bureau of Economic Research, is composed of 12 time series, such as the average work hours of production in manufacturing, manufacturers' new orders, and money supply. This index and similar indexes are designed to move up or down before the ec
A firm has determined its cost of each source of capital and optional capital structure which is composed of the following sources and target market value propositions: Sources of Capital Target Market After-tax cost Pro
You have administered a standardized test of manual dexterity to two groups of 10 semi skilled workers. One of these two groups of workers will be employed by you to work in a warehouse with many fragile items. The higher the manual dexterity of a worker the less likelihood that worker will break significant inventory. Becaus
If you were to test-market a new consumer product today for worldwide introduction, how would you select test countries for Europe, for Asia, and for Latin America? Just a few sentences for each, please include any references please!
The purpose of adding an asset with a negative or low positive beta is to: A. increase risk B. increase profit C. reduce profit D. reduce risk
A common approach of estimating the variability of returns involving forecasting the pessimistic, most likely, and optimistic returns associated with the asset is called? A. sensitivity analysis B. financial statement analysis C. marginal analysis D. break-even analysis
Calculate the value of a $1,000 bond which has 10% until maturity and pays quarterly interest at an annual coupon rate of 12%. The required return on similar-risk bonds is 20%. A. $845.66 B $2,201.08 C $835.45 D $656.77
What do you think is the typical situation in the business world: risk or uncertainty? Can you think of situations in the business world or other real life situations where you would need to estimate probabilities?
Doug Maltbee formed a lawn service business as a summer job. To start the business on May 1, he deposited $1,000 in a new bank account in the name of the proprietorship. The $1,000 consisted of a $600 loan from his father and $400 of his own money. Doug rented lawn equipment, purchased supplies, and hired fellow students to mow
A firm has an issue of preferred stock outstanding that has a stated annual dividend of $4. The required return on the preferred stock has been estimated to be 10%. Compute the value of the preferred stock.
YTD Chg HI LO DIV % PE VOL CLOSE NET CHG -5.1 48.72 20.10 1.00 3.3 1.8 20,925 30.20 -0.56 According to the table the common stock closed at ______________ per share on the previous trading day. A. $31.55 B. $30.99 C. $2