Trying to prepare a statement of owners equity. beginnin Assets 50,000 Liabilities 20,000 Ending Assets 70,000 Liabilities 35,000 Owners equity Investments 0 withdrawals by owner 40,000 Income statement Revenues 230,000 Expense ? DID this company earn a net income or suffer a net loss?
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The following payoff table shows the profit for a decision problem with three states of nature and two decision alternatives: State of Nature DA s1 s2 s3 d1 -20 40 100 d2 10 45 70 I need to make a decisions using the mini-max regret approaches and justify the decisions?
Details: 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 cu
The following payoff table shows the profit for a decision problem with three states of nature and two decision alternatives: State of Nature DA s1 s2 s3 d1 -20 40 100 d2 10 45 70 I need to state of nature probabilities are: P(s1) = 0.35, P(s2) = 0.35 and P(s3) = 0.30. a. Use a decision tree to recommend a decisi
Georgia Pacific offers the following discount schedule for its 4X8 ft. sheets of quality plywood. (see chart in attached file) Ace Lumber and Building Supply regularly stocks this product from Georgia pacific and has an annual demand of 1000 sheets. The carrying cost at Ace Lumber is 20% of product cost, and a cost of $45
The following payoff table shows the profit for a decision problem with three states of nature and two decision alternatives: State of Nature Decision Alternatives s1 s2 s3 d1 -20 40 100 d2 10 45 70 I need to determine what is the recommended decision using a. The optimistic approach? b. The conservative approach
Recently, a university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,000 with a standard deviation of $2,500.What is the 95% confidence interval for the mean salary of all graduates from the English Department? [$22,500
Test at the 0.01 level the statement that 55% of those families who plan to purchase a vacation residence in Florida want a condominium. The null hypothesis is ? = 0.55 and the alternate is ? ? 0.55. A random sample of 400 families who planned to buy a vacation residence revealed that 228 families want a condominium. What decisi
A survey of 144 retail stores revealed that the average price of a DVD was $375 with a standard error of $20. What is the 99% confidence interval to estimate the true cost of the DVD? $323.40 to $426.60 $328.40 to $421.60 $335.00 to $415.00 $335.80 to $414.20
In the regression equation, what does the letter "b" represent? Y intercept Slope of the line Any value of the independent variable that is selected Value of Y when X=0
There are 10 rolls of film in a box and 3 are defective. Two rolls are to be selected, one after the other. What is the probability of selecting a defective roll followed by another defective roll? 1/2, or 0.50 1/4, or 0.25 1/120, or about 0.0083 1/15, or about 0.07
A rug manufacturer has decided to use 7 compatible colors in her rugs. However, in weaving a rug, only 5 spindles can be used. In advertising, the rug manufacturer wants to indicate the number of different color groupings for sale. How many color groupings using the seven colors taken five at a time are there? (This assumes that
An accelerated life test on a large number of type-D alkaline batteries revealed that the mean life for a particular use before they failed is 19.0 hours. The distribution of the lives approximated a normal distribution. The standard deviation of the distribution was 1.2 hours. About 95.44 percent of the batteries failed between
How is the probability and expected return calculated on a single stock?
Questions answered, just need to verify if answers are correct. Indicate whether the sentence or statement is True or False. T 1. A trend is a gradual, long-term, up or down movement of demand. F 2. Time series methods are the most common type of forecasting method for the long-term strategic planning
The economics department has determined that there is a 30% chance that economy will be strong. Further inquiries reveal that if the stock market is up over the next three months, there is a 50% chance that the economy will be strong, bit if it is down, the chances are only 20%. I made a probabilities table:
Dividend Computations Reiner Wholesale Merchandise had 20,000 shares of 5%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2003. These data apply to each of the independent situations below. 1. Assuming that total dividends declared in 2003 were $35,000 and that the pre
Costs can be classified into two categories, fixed and variable costs. These costs behave differently based on the level of sales volumes. Suppose we are running a restaurant and have identified certain costs along with the number of annual units sold of 1000. Item: Raw Materials (cost for hamburgers) Total Annual Cost: 650
PART I You will be a member of the newly-formed project staff team. This team will need to realize process gains within its first three months. You want to help, not hinder, the team's progress, so you decide to do some research upfront. You bring up your challenge at your managerial networking meeting. You pose the following q
The network representation for a given project is shown below: See attached sheet Estimated activity durations in days (te) , standard deviation for each activity (), the number of days each activity can be crashed by and crash cost per day are as follows: See attached document for data. a) Find out and explici
Using the spreadsheet document labeled Soundsleep Funds Data, generate the Jensen's alpha and Sharpe ratio for each fund. Next, create two sets of rankings-one based on each of these measures. Note that an example, as seen in the Fast Track Growth Fund Update, has been included for your review. This should assist you with your c
The concessions manager at our local college baseball game must decide whether to have the vendors sell sun visors or umbrellas. There is a 30% chance of rain, a 15% chance of overcast skies, and a 55% chance of sunshine, according to the weather forecast where the game is to be held. The manager estimates the following profit
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases..................... E250,000 Freight In.................. E8,000 Sales discounts............. 4,000 Purchase returns........ 7,000 Inventory Sales.......
Suppose a firm evaluates the productivity of the three shifts of workers who work in their factory. Each shift's performance is measured on the amount of output that is produced during the shift - day, evening, or swing shift. Based on these ratings presented in the table below, produce an ANOVA analysis in Excel (see the exam
What is the relationship, if any, between the amount shown in the adjusted trial balance column for an account and that account's ledger balance? How do correcting entries differ from adjusting entries?
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 2002 (amounts in Euros, denoted as "E") Purchases..................... E250,000 Freight In.................. E8,000 Sales discounts............. 4,000 Purchase returns........ 7,000 Inventory Sales.......
1) JJ Industries currently has a capital structure that consists of 75 percent common equity and 25 percent debt. The risk-free rate is 5 percent. The market risk premium is 6 percent. JJ's common stock has a beta of 1.2. JJ has 20 year bonds outstanding with an annual coupon rate of 12 percent and a face value of $1,000. The bo
1) I wish to purchase a 20 year bond that has a maturity value of $1000 and makes semiannual interest payments of $40. I require a 10 percent nominal yield to maturity on this investment, what is the maximum price I should be willing to pay for the bond? 2)A bond with a face value of $1000 matures in 12 years and has a 9 perc
If standard deviation is 10 units per week, lead time is 2 weeks, demand is 50 per week, lot size is lot - for - lot, and desired service level is 97.72%, what is the statistical reorder point? a - 100.00 b - 112.6 c - 128.3 d - 221.7
Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is $1000, but she has not charged that much since opening the account. Nancy hasn't had the time to review her monthly statements as promptly as she should, but over the upcoming weekend, she plans to catch up on her work. In reviewing