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Business Math

Math Problems

In Tian's monthly budget, she set aside $685 for housing and $265 less than that for food. How much did she budget for food? The interest rate on an equity line of credit was 7 5/8% last month. This month the interest rate is 9 3/8%. How many percentage points has the interest rate increased? Write a proportion that is

Probability Distribution in Research/Main

A machine is set to fill a bottle with 8 grams of medicine. A sample of 8 recently filled bottles revealed the following grams of medicine: 9.2, 8.7, 8.9, 8.4, 8.3, 8.5, 8.1, 8. Using a One Sample t Test, answer the following questions 4-9.

Profit Model

A large sporting goods store is placing an order for bicycles with its supplier. Four models can be ordered: the adult Open Trail, the adult Cityscape, the girl's Sea Sprite, and the boy's Trail Blazer. It is assumed that every bike ordered will be sold, and their profits, respectively, are 30, 25, 22, and 20. The LP model s

Linear and Nonlinear Models

A toy company has been marketing souvenir toys in conjunction with various professional sports teams in a number of cities. Over the past few years, this experience has provided some data on the effect of advertising on sales revenues because the advertising expenditures have tended to be different in each case. Although the l

Data research, tasks and subtasks.

Using the outcomes from the attached essay and powerpoint, make recommendations regarding this business research issue or opportunity based on your findings. I'm only using this as an example because in Sept. I'll need to know how to make one of these on a subject chosen by my teacher! Then, develop an action plan based on yo

Business Mathematics

1) A real estate agent earns a 1.75% commission on the selling prices of a house. If the salesman earned $35,000 last year, what were his total sales for the year? 2) A real estate agent is paid a commission of one and three-quarter percent of the total value of the house which she sells each month. How much does she earn in

Marginal Tax Rate

Market Value of a condominium 5% Municipal bonds expected annual yield 5% High-yield corporate stocks 8% Savings Account 3% annual yield High growth common stocks 10% annual yield How do I calculate a 28% marginal tax rate on all investments?

Cost Accounting Multiple Choice

1) The basic types of cost accounting system are: A)Job order cost systems, activity based cost systems and process cost systems. (B) Direct cost system and indirect cost systems (C) Complete job cost systems and work in process cost system. (D) Fixed cost systems and variable cost systems 2) In ABC, only one cost driver sh

Managerial Accounting : Currency Conversion, Overheads, Inventory (17 Problems)

1) Quintal imports a desk from a French manufacturer for sale in its chain of U.S stores. The cost of a desk to Quintal is 2,000 Euros. What is the dollar cost of one of these desks if the exchange rate is currently 1.117 Euros per U.S dollar? (round to the nearest cent) A) $1,117.00 (B) $1,254.46 (C) 1790.51 (D) some other am

Budgeting and Comparison Shopping

You are looking into purchasing computer equipment for your at-home business, personal recruiting. Since you are just starting out, you have set an initial budget of 1500.00, but would like to save as much as you can. Use the comparative shopping web search engines in the library to conduct the following research. You may al

Logistics and Project Management

Betty Products Inc. manufactures three products on two machines. In a typical week 40 hours are available on each machine. The profit contribution and production time in hours per unit follows: Category Product 1 Product 2 Product 3 Profit/unit $30 $50 $20 Machine 1 time/unit

Capital Structure: Repurchase of stock

The Tivoli Company has no debt outstanding, and its financial position is given by the following data: Assets (book = market) $5,000,000 EBIT $750,000 Cost of equity, rs 10% Stock price, P0 $10 Shares outstanding, n0 500,000 Tax rate, T (federal-plus-state) 40% The firm is considering selling bonds and simultaneousl

Use cost-benefit analysis to determine appropriate measures of quality.

Given: Your company produces and sells widgets with annual sales of $100 million. A recent quality audit revealed that 15% of the widgets manufactured were defective. The following are estimates of the costs associated with passing defective widgets: Replacements $1,500,000 Lost Business 2,000,000 Productivity 500,00

Which of the following lists correctly ranks investments from highest to lowest returns and risk (thus, the highest risk security should be shown first, the lowest risk securities shown last)?

Over the past 75 years, we have observed that investments with the highest average annual returns also tend to have the highest standard deviations of their annual returns. This observation supports the notion that there is a positive correlation between risk and return. Which of the following lists correctly ranks investments

Productivity (Labor, Total) Calculations

1. A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used five workers, who produced an average of 80 carts per hour. Labor cost was $10/hour

Project Scheduling and PERT/CPM

Hannaford (A solution can be generated by using PERT/CPM) Hannaford distributes a variety of food products that are sold through grocery store and supermarket outlets. The company receives orders directly from the individual outlets, with a typical order requesting the delivery of several cases of anywhere from 20 to 50 diff

Testable Hypothesis

If a researcher was working for homeland security in the name one specific problem that they might have to research today. what would be a research question that would be needed to solve this particular problem. Based on your intuition, or what you have read about this problem, state a testable hypothesis that might help solve t

simulate the next six orders

A small supplier receives orders from three different companies for a certain price of electrical equipment. Forty-five percent of the orders come from Firm A, 35 percent from Firm B and the remainder from Firm C. Order sizes vary, depending on the firm involved. In the past orders were as follows: REL FREQ Order Size A B

Difference between Cost of Capital and WACC

Part A: What is the difference between "Cost of Capital" and "Weighted Average Cost of Capital (WACC)"? Why is this difference important? Why do firms calculate WACC? Why is this number important? Part B: Describe the following terms and their relative importance to stock issues: IPO, underwriter, spread, prospectus, un

Price and terms of swap

A U.S. Company has a foreign subsidiary in London. Concerned about translation risk for the upcoming fiscal year (beginning in 60 days), the treasurer of the U.S. company is contemplating entering into a currency swaption expiring in 60 days with an exercise rate of 5.24%(pounds)/3.84%(dollars). The underlying swap is a convent

Constraint formula

Can you tell me the constraint formula of the minimum 10,000; 3,000 and 5,000.

Is it possible to relate negative numbers to practical life?

Is it possible to relate negative numbers to practical life? Example: We may think of things which may be categorized as negative - such as debt, going below sea level (maybe in a Submarine), below freezing temperature, driving a car in a reverse gear, giving away things (oh well! on this one, one could argue that giving

Continuous Probability Distributions - Probability Concepts

1. How may a company use probability to determine whether or not it is feasible to use primary data in a research study? Explain your answer. 2. Should a company make a decision based solely on probability instead of doing a research study? Justify your answer. 3. Does the number of students in this class affect your ch

Stock Split Effects

For a company, what is the impact (net change) on Total Shareholders' Equity when a company announces a 2 for 1 stock split on 200,000 shares that have a $2 par value?


Describe the process of selecting and evaluating a sample. Why is sampling important to business? Are there situations in business where sampling would not be effective?