A fashion student was interested in factors that predicted the salaries of catwalk models. She collected data from 231 models. For each model she asked them their salary per day on days when they were working (salary), their age (age), how many years they had worked as a model (years), and then got a panel of experts from modeli
The following data summarize the operating performance of your company's wholly owned Canadian subsidiary for 2009 to 2011. The cost of capital for this subsidiary is 10 percent. (000,000)
Assume that a computer password for a computer account is to consist of 2 letters followed by 2 digits. Determine the number of possible passwords in the case that repetition is permitted and in the case that repetition is not permitted.
The probability distribution of a less risky expected return is more peaked than that of a riskier return. What shape would the probability distribution have for (a) completely certain returns and (b) completely uncertain returns?
An insurance policy sells for $1200. Based on past data, an average of 1 in 125 policy holders will file a $15000 claim, an average of 1 in 100 holders will file a claim of $40,000 and an average of 1 in 250 holders will file a claim of $80,000. a) Find the expected value to the company of each policy sold. b) If the com
Imagine that you are a manager at a delivery service and you are creating a report to project the effects on your company of rising gas prices in the next ten years. Using the attached document as statistical analysis as your basis and outside scholarly resources to support your claims, Include the following considerations:
Determine the reliability factor, expansion factor, sample size and sampling interval in the given case.
Please refer attached file for tables. Use the following company data and the PPS Sampling Tables 1 & 2: The recorded book value of these accounts is $3,460,000. The company has a tolerable error of $63,460. The anticipated error is $13,000. The risk of incorrect acceptance is 5%. The acceptable number of overstatement
Four sets are listed in the table below. Each set represents a sample. Find the range, mean, and standard deviation for each set. Use your results to fill in the table. Set: f1; 2; 98; 100g f1; 49; 51; 100g f1; 25; 75; 100g f1; 40; 60; 100g Based on your results above, please answer the following questions: (1) Why i
A poll is conducted the day before a Senatorial election. 2 candidates are running. The poll shows that 56% of the voters favor the republican candidate with a margin of error of 2 percentage points. Should the Republican expect to win? Why or why not? a) The results show that the Republican is not likely to win a solid maj
Valuing Bonds: Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 25 years Coupon Rate: 7 percent Semi Annual Interest Payments Calculate the price of this bond if the YTM is: a. 7 percent b. 9 percent c. 5 percent
In what situations might you use probability as a manager to approach business-related problems? What are the advantages to using probability concepts in business decisions? Are there any disadvantages or possible pitfalls to avoid in using probability in business?
Six years ago, NewCo, Inc., a domestic manufacturer of mold-injection systems, established a sales and service operation in Madrid, Spain. The Madrid office was structured as a Spanish corporation, but NewCo made a check-the-box election to treat the operation as a branch in order to obtain a U.S. tax deduction for the branch's
Finco is a wholly owned Finnish manufacturing subsidiary of Winco, a domestic corporation that manufactures and markets residential window products throughout the world. Winco has been Finco's sole shareholder since Finco was organized in 1990. At the end of the current year, Winco sells all of Finco's stock to an unrelated fore
Can you help me with the development of a 4 year strategic management plan with quantifiable goals and measures? Please provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability. etc. Please address internal resource analysis such as managerial and financi
Can you help me with the following scenarios below concerning U.S. taxation on international transactions? Scenario 1: USAco, a domestic corporation, forms a Canadian subsidiary, CANco, to distribute USAco's widgets in Canada. USAco sells widgets to CANco for resale in Canada, providing CANco with USAco's unique distribution
In each of the following independent situations involving transfers of tangible property, determine which transfer pricing methods applies and compute a transfer price using the appropriate method. Show all of your computations. a) Dougco, a domestic corporation, owns 100% of Thaico, a Thailand corporation. Dougco manufacture
Using the information provided in the table, the network diagram and the expected project completion time = 39 weeks (see attachment): The critical path is A-B-D-G-H. (a) Calculate the probability of completing the project in 36 weeks. P(project ? 36) = (b) Calculate the probability of completing the project in 40 w
Below are statements or examples related to audit sampling applications. Indicate, using the correct letter, which concept is most closely associated with the statement or example. Each concept may be related to more than one statement or example. A. Statistical sampling B. Nonstatistical sampling C. Sampling risk D. Nons
Calculate the real return, average real return, risk premium, average risk premium and standard deviation of risk premium in the given case.
Here are the inflation rates and U.S. stock market and Treasury bill returns between 1929 and 1933: 1929 Inflation=-2, Stock Market Return=-14.5, T-Bill Return=4.8. 1930: Inflation=-6.0, Stock Market Return=-28.3, T-Bill Return=2.4. 1931: -9.5, -43.9 and 1.1. 1932: -10.3, -9.9 and 1.0. 1933: .5, 57.3 and .3. A. What was
How can you use probability theory to increase your odds of winning at Blackjack? Based on the demographics of the city you live in, what is the probability that you will be awarded a city contract?
Luca Clinic's last dividend was $1.50. Its current equilibrium stock price is $15.75, and its expected growth rate is a constant 5 %. If the stockholders' required rate of return is 15%, what is the expected dividend yield and expected capital gains yield for the coming year?
A 30-year, $1,000 par value bond has a 9.5% annual payment coupon. The bond currently sells for $875,. If the yield to maturity remains at its current rate, what will the price be 9 years from now? Please see attached for additional question.
What is the difference between the probability of a stock-out and the magnitude of a stock-out? In reference to logistics.
Jefferson Company had the following sales and purchases during 2011, it first year of business: January 5 - Purchased 40 units at $100 each February 15 - Sold 15 units at $150 each April 10 - Sold 10 units at $150 each June 30 - Purchased 30 units at $105 each August 15 - Sold 25 units at $150 each
At year end, Bonnie Company has accounts receivable of $112,000. The allowance for uncollectible accounts has a balance prior to adjustment of $(400). In other words, there were fewer specific write-offs than estimated, leaving an excess in the allowance account. Net credit sales for the year were $315,000 and 3% is estimated
Do you think that a charismatic person with a successful track record in attracting sizeable charitable donations should become a Board Member despite having basic financial accounting experience or knowledge? Please explain.
GS is currently making 500 tiger covers a week at a per unit cost of 3.50 euros which includes both variable costs and allocated fixed cost. GS sell the tiger covers to distributors for 4.25 euros. A distributors in japan wants to purchase 100 tiger covers per week from GS. GS 2 euros per head cover. GS the capability to produc
Given the following linear revenue function and quadratic cost function for a business firm, calculate the break - even quantity, total revenue, total cost and profit at break even level of production. Total Revenue R= f(q)=30 q Total Cost C= 100+5q+q^2 Find the first derivative using the limits formul
The JG Investment Bank is about to issue a new series of 10 year bonds. The bonds will have a $1,000 face value and will be rated AA by a respected Bond Rating Agency. Currently the yield to maturity on AA rated bonds is 200 basis points above the yield on similar maturity government bonds. The bonds will make annual coupon pa
Define probability and explain its three perspectives. Can you also provide an example of each.