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Business Math

Business Analysis

BUSINESS ANALYSIS An urn contains 4 green and 6 blue chips. If the drawing of 2 chips in succession is done with replacement determine the probability of: A. drawing 2 green chips B. Drawing a blue chip on the first draw and a green chip on the second draw. C. Drawing a blue chip on the first draw and a blue chip

Probability and Using Whats Best

Finely Company is a manufacturer of picture frames. The biggest sellers they have are the Concave and the Round. The Concave sells for $50 and requires 80 ounces of material and 30 minutes of labor. The Round sells for $75 and requires 90 ounces of material 45 minutes of labor. The company pays $0.50 an ounce for material and $0

Decision Analysis: probability of predictions-value of information

Jeffrey Mogul is a Hollywood film producer and he is currently evaluating a script by new screenwriter and director, Betty Jo Thurston. Jeffrey knows that the probability of a film by a new director being a success is about .10 and the probability it will flop is .90. The studio accounting department estimates that if this fil

Operations Problem

See attached file for full problem description. 4. Mad Hatter's You are hired as a consultant to a growing national fast food chain, which serves a mix of basic sandwiches, salads and gourmet pizzas, and has both eat-in and take-out customers. You are visiting the Durham restaurant and given the below information about

Unifying Concepts : High-Low Method, Scatterplot, and Least Squares Methods

You have been hired as a consultant for Jones Inc. The company manufactures high-density compact disks and sells them to a wide variety of business clients. Management is eager to learn more about the company's cost behavior. You have been provided the following data. Assume all production falls within the relevant range. S

Cost Management and Coping with a Reduced Budget - Uptown Clinic

Dr. Stephanie White, the Chief Administrator of Uptown Clinic, a community mental health agency, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future, but increasing demand for services. In order to plan for reduced budgets, she must first identify where costs can be cut or redu


Network Company requires four units of R2 for every unit of D2 that it produces. Currently, R2 is made by Network, with the following per unit costs in a period when 20,000 units were produced: Direct materials $ 6.00 Direct labor 2.50 Manufacturing overhead 5.60 Total $14.10 Variable manufacturing ov


Griffith Company started its production operations on July 1. During July, the silk-screening department completed 15,600 units. There were 2,400 units in ending inventory which were 75% complete with respect to materials and 20% complete with respect to conversion costs. During July, the department accumulated materials cost

States of Nature Probability

John is considering buying a new pick up truck for his house-cleaning service for middle class customers. The middle class clients seem to be growing even though the economy seems to be not that hot. He is wondering whether he should opt for a sub-compact, or compact or full size pick up. The smaller truck would have better fuel


Monique is planning to increase the size of the manufacturing business that she operates as a sole proprietorship. She has a number of older assets that she will replace as part of the expansion. In addition, to finance this expansion she will have to sell some of her personal assets. Because it is close to the end of the tax ye

Tax Accounting

1. Robert, the Sole Proprietor of a consulting business, has gross receipts of $500,000 in 2006. Expenses paid by his business are: a. Advertising $ 2,500 b. Employee Salaries 150,000 c. Office Rent 24,000 d. Supplies 18,000 e. Taxes and Licenses 17,000 f. Travel (o

Statistics of a histogram

Height (in inches) for a sample of 15 male adults are: 62,82,79,76,73,,79, 79 75,75,72,72,72,69,69,69 Draw the histogram for these data using an initial class boundary of 61.5 and a class width of 6.

Computing Stock Price

The Carlton Corporation has $4 million in earnings after taxes and 1 million shares outstanding. The stock trades at a P/E ratio of 20. THE firm has $3 million in excess cash. A. Compute the current price of the stock. B.If the 3 million is used to pay dividends , how much will dividends per share be? C.If the 3million is to

Consolidated Income Statement

Allen, Inc., owns all of the outstanding stock of Bowen Corporation. Amortization expense of $9,000 per year resulted from the original purchase. For 2004, the companies had the following account balances: Allen Bowen Sales

Consolidated Goodwill

On January 1, 2004, Mitchell Company has a net book value of $1,500,000 as follows: 1,000 shares of preferred stock; par value $100 per share, cumulative, non participative, non-voting, call value $108 per share........................................................................$100,000 20,000 shares of common stock, p

Consolidated Net Income

Ace Company reports current earnings of $400,000 while paying $40,000 in cash dividends. Byrd Company earns $100,000 in net income and distributes $10,000 in dividends. Ace has held a 70 percent interest in Byrd for several years, an investment that it originally purchased at a price equal to the book value of the underlying net

Math for business

1. Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order Size Low Medium High 1 lot 12 15 15 2 lots 9 25 35 3 lots 6 35 60 a. What decision should be

Dividend History and Forecast 2

Dividend History and Forecast for FCF (Fluffy's Cat Farms) Provided by: Sal's Dubious Stock Forecasts, Inc. (SDSI) A Maryland Company Year 2005 2006 2007 (forecast) 2008 (forecast) Net Income 10,000 20,000 30,000 40,000 Sales Revenue 100,000 200,000 400,000 500,000 Dividend Payments per share $0.45 $0.55 $0.65 $1

Weight Average Cost of Capital ( WACC )

If a firm has a balance sheet with 50% debt and 50% equity, cost of debt of 6%, tax rate of 35%, and a cost of equity of 12%, what is the firms weighted average cost of capital?

D/E Ratio

If a firm has a D/E ratio of 0.5, how much debt does it have for each dollar of equity?

Calculate Yield to Maturity of a Bond

A thirty year zero bond has a par value of $1000 and sells for $356.27 on the open market. The YTM of this bond is? keywords : find, finding, calculating, calculate, determine, determining, verify, verifying, evaluate, evaluating, calculate, calculating, prove, proving, yield-to-maturity

What dividend will the stock pay in 10 years?

A certain stock paid a dividend of $2.00 yesterday and has a history of growth in dividends of 15% annually. What dividend will the stock pay in 10 years? a) $8.09 b) $20.31 c) $0.49 d) $20.00

Weighted Average Cost of Capital

Global Technology's capital structure is as follows: Debt 35% Preferred stock 15% Common equity 50% The after-tax cost of debt is 6.5 percent; the cost of preferred stock is 10 percent; and the cost of common equity (in the form of retained earnings) is 13.5 percent. Calculate Global Technology's weighted aver

Convertible bond and rates of return

Laser Electronics Company has $30 million in 8 percent convertible bonds outstanding. The conversion ratio is 50; the stock price is $17; and the bond matures in 15 years. The bonds are currently selling at a conversion premium of $60 over their conversion value. If the price of the common stock rises to $23 on this date n

Probability Distributions -Statistical Analysis-DB

What is the purpose of a survey? What are three examples of a survey and what potential purpose could each be used for? How can one work to ensure the participants of a survey will have their responses kept private? How can one work to ensure that information gained from a survey is unbiased? Would planning and having