Micropub is considering the purchase of one of two microfilm cameras, R, and S. Both should provide benefits over a 10 year period, and each requires an initial investment of $4000. Management has constructed the attached table of estimates of rates of return and probabilities for pessimistic, most likely, and optomistic results
The probability of throwing any two numbers on a die - say, either a 1 or a 2 - on a single throw is one chance out of three, or 33%. When calculating the probability of repeating favorable throws with a single die the probability of throwing a 1 or a 2 twice in succession is 1/9, which is the square of one chance out of
Discuss the two forms of commercial discounts. Your answer should include how they differ from one another. Examples of each should be provided.
Discuss the various ways in which business-owned property is depreciated (straight-line, declining balance, and units of production. Your answer should include how each method is computed.
If a company purchases equipment for $75,000 cash: a) Total assets will increase by $75,000. b) Total assets will decrease by $75,000. c) Total assets will remain the same. d) The company's total owners' equity will decrease
Journal Entries Prepare the necessary general journal entries for the month of October for Stringer Company for each situation given below. Oct 1 Started computer business by selling $50,000 of common stock. Oct. 5 Paid operating expenses as follows: $4,000 Salaries Expense, $2,000 Rent Expense, $500 Util
From the following accounts and amounts prepare a balance sheet for the King Company for December 31, 2005. You must compute the amount for retained earnings to complete the balance sheet. Accounts Payable 61,250 Accounts Receivable 70,500 Building 50,000 Capital Stock 50,000 Cash 64,000 Equipment
A small publishing company is planning to publish a new book. The production costs will include one time fixed costs(such as editing) and variable costs( such as printing). The one time fixed costs will amount to $30,784. The variable costs will be $9.25 per book. The publisher will sell the finished product to bookstores at a p
Please read the below paragraph and explain what is meant by: non probability sampling may not be as accurate as probability sampling methods When the analysis is a based on an entire group or in other words all of the members of the group under study then the population is in place. A sample is taken when this population i
Your younger brother, Tom, just received information from his company on his benefits. He tells you that he is not interested in reading the retirement information because he has another 30 years of working before he can even consider retiring. You take a look at the information and see that his company offers a great 401(k) pla
Assume that x2, x7 and x8 are the dollars invested in three different common stocks from New York stock exchange. In order to diversify the investments, the investing company requires that no more than 60% of the dollars invested can be in "stock two". The constraint for this requirement SHOULD be written as: a) x2 > 0.60
Sensitivity Analysis {Please see the attached file} Excel the produced the following sensitivity report. Use the model and sensitivity report from the previous three problems. A manager elects to purchase 50 additional pounds of Material B at $2.00 per pound, how much additional profit can be made from this purcha
This solution provides the learner with a real world example of a statistical sample and poplulation. The solution further compares and contrasts probability sampling with non probablilty sampling and provides a real world example of each.
Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000. If they do, a down payment of $10,000 will be requi
The accountant for ByComputers has $100Million in excess monies to invest. His orders to invest the whole dollar amount for one year in either bonds or stocks (but not both) and then to reinvest the entire fund in either bonds or stocks (but not both) for one year or more. The premise is try and maximize the expected monies valu
Conduct literature and internet research of sole proprietorships, partnerships, and corporations. Discuss the three business forms in terms of how they are formed, managed, and how they operate as business entities.
See attached problem regarding budget and expected cash collections. Exercise 9-1 Schedule of Expected Cash Collections Peak sales for Midwest Products, a wholesale distributor of leaf rakes, occur in August. The company's sales budget for the third quarter showing these peak sales is given below: July August Sep.
Discuss the importance for the business person to be able to add, subtract, multiply, and divide. Also, why is it important for us to be able to conceptualize business problems as equations.
I need help for exercises 8-1; 8-2; 8-3; 8-4; AND 8-5; (Activity-Based Costing: A Tool to Aid Decision Making) from strayer university accounting book, (managerial Accounting-ACCT 560/561) ISBN- 13: 978-0-07-723480-5 or ISBN-10: 0-07-723480-4 See attachment for problems
Please assist in explaining how to solve the following standard deviation. 1. A bank manager recorded the amount of time each customer spent waiting in line during peak business hours one Monday. The frequency table below summarizes the results. Find the standard deviation and round to one decimal place. ... [See the attac
Please show step by step how to perform using EXCEL or hand computations. Below are revenue and profit (both in $ billions) for nine large entertainment companies. (a) Make a scatter plot of profit as a function of revenue. (b) Use Excel to fit the regression, with fitted equation and R2. (c) In your own words, describe the f
Please help, I am having trouble with completing a master budget.
Chapter 5 8. A sample of 2,000 licensed drivers revealed the following number of speeding violations. Number of Violations Number of Drivers 0 1910 1 46 2 18 3 12 4 9 5 or more 5 Total 2000 a. What is the experiment? b. List one possible event. c. What is the probability th
8.A sample of 2,000 licensed drivers revealed the following number of speeding violations. Number of Violations Number of Drivers 0 1,910 1 46 2 18 3 12 4 9 5 or more 5 Total 2,000 What is the experiment? List one possible event. What is the probability that a particular driver had exactly
1. We use Microsoft EXCEL to quickly graph and compute the essential output of these techniques. What are the advantages and disadvantages of using EXCEL for regression and correlation statistical techniques? Or alternatively, is there any advice you would like to give the newbie in using this EXCEL tool? 2. Linear Regression
(a) Plot the data on U.S. general aviation shipments. (b) Describe the pattern and discuss possible causes. (c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992-2003 only. Would a fitted trend be helpful in making a prediction for 2004? (e) Fit a trend model of your choice to the 1992-2003 da
I need help in balancing the balance sheet that is attached. I have to put in: Accumulated depreciation = $200,000 Retained Earning = 110,000 Cash = 5,000 Bonds payable = 142,000 Accounts receivable = 38,000 Plant and equipment - original cost =720,000 Accounts payable = 35,000 Allowance for bad debts = 6,000 Common s
Johnson alarm systems had $800,000 of retained earnings on December 31, 2004. The company paid dividends of $60,000 in 2004 and had retained earnings of $640,000 on December 31, 2003. How much did Johnson earn during 2004, and what would earnings per share be if 50,000 shares of common stock were outstanding?
Question 23: If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock?: a) 8 units b) 10 units c) 16 units d) 64 units e) cannot be determined without lead time data Question 30: A fabrication comp
To estimate the average annual expenses of students on books and class materials a sample of size 36 is taken. The average is $850 and the standard deviation is $54. A 99% confidence interval for the population mean is