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On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 25,000 units were started. At the end of the month all started units were 50% complete with resp...
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A stock is purchased for $25 and sold for $29. The stock also paid $2 in dividends during the year. What is the percent yield?
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Find the derivative of Sin(x^2) from first principle.
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Why does the Fundamental Theorem of Calculus state that $\frac{d}{dx} \int_{a}^{x} f(t) \,dt = f(x)$, given that $f$ is continuous on $[a,b]$ and $F' = f$, $F$ being an antiderivative of $f$? Specifically, why does the theorem require $F$ to be differentiable on $(a,b)$ and $F'$ to be continuous on $[a,b]$, and why is ...
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If a company invest $20,000 to upgrade some equipment and prefers to earn a 15% return on its investments, how much money the upgrade save per year over 5 years in order for the investment to be acceptable? a. $4000 b. $4600 c. 5966 d. $8045 e. None of these are correct.
c
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In a randomized complete block design, is there an assumption that the number of treatments equals the number of blocks?
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What is the median of this distribution: 1, 1, 2, 3, 5, 8, 13, 21? a) 3 b) 5 c) 4 d) 13
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Calculate the integral of f(x,y)=10|xy| over the region x^{2}+y^{2} \leq 100 by changing to polar coordinates. \int_{0}^{2\pi}\int_{0}^{10} \int 10 (r^{2}) cos (θ) sin (θ) dr dθ
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The financial manager at Starbuck Industries is considering a project which will produce cash inflows of $10,000 a year for three years followed by $20,000 in year four. What is the internal rate of return if the initial cost of the project is $40,000? a. 16.8% b. 12.69% c. 13.07% d. 15.51% e. 14.56%
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A firm has an output of 1,000 units at $8 per unit, which is the equilibrium price. Its fixed costs are $2,000. Assuming a constant-cost industry, it would earn in the long run: a. A profit of zero. b. A positive economic profit. c. A negative economic profit. d. None of the above.
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What will be the output of the program? #include<stdio.h> int main() { int i; char c; for(i=1; i<=5; i++) { scanf("%c", &c); /* given input is 'b' */ ungetc(c, stdout); printf("%c", c); ungetc(c, stdin); } return 0; } Options are: answer A bbbb; answer B bbbbb; a...
B
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Retirement is the beginning of which retirement planning concept? a. Asset buildup b. Retirement spending c. Asset protection d. Income protection
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Lindsey Company reported the following information for the month of June: Beginning inventory 600 units at $30 Purchases: June 8 500 units at $33 20 400 units at $35 Units produced during June 900 units ...
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Forsyth Company had net accounts receivable at December 31, 2011, of $390,000 and net sales for 2011 of $3,600,000. Bad debts written off during 2011 are estimated to be $25,000. An aging of accounts receivable indicates that 5% of the end-of-the-year accounts receivable balance is likely to become uncollectible. Assu...
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The long-run supply curve is the ray that: a) is tangent to a short-run demand curve at its minimum point. b) is tangent to a short-run supply curve at its minimum point. c) intersects a short-run demand curve at its maximum point. d) None of the above is correct.
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Evaluate the given limit: $$\lim_{(x,y)\to (1,1)}\frac{(x-y)(x+y-2)}{\sqrt{(x-1)^2+(y-1)^2}}$$
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Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 9.12 percent. The initial outlay is $405,826. Year 1: $140,542 Year 2: $181,757 Year 3: $144,962 Year 4: $131,610 Year 5: $150,851
1.44
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Find the value of k so that the limit $\lim_{x\to 1} \frac{1-x}{1-x^k}$ exists, where k is an integer.
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Is there a general formula for the dimension of the field extension $\mathbb Q(\omega)/\mathbb Q$, where $\omega$ is a primitive $n$-th root of unity?
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C. Alter Corporation has the following inventory data: January 1, beginning inventory of 5 units at $16 January 10, purchases of 10 units at $17 January 20, purchases of 15 units at $19 January 28, sale of 12 units February 7, purchases of 10 units at $21 February 15, sale of 6 units Assuming that a perpetual in...
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Munson Co. has a standard costing system. The following data are available for June: Standard direct materials cost per pound $2.20 Standard direct labor hours 2 hours Standard direct labor rate $14.00 Standard factory overhead rate $18.00 Actual direct materials used 24,000 pounds Actual direct labor-hours 29,50...
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Evaluate {eq}\underset{x\to \infty }{\mathop{\lim }}\,x{{e}^{-2x}}{/eq}
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Let $A$ be a real square matrix such that $A ^ 2 = 2\mathbb{I}$. Prove that $A +\mathbb{I}$ is an invertible matrix and find its inverse.
$A - \mathbb{I}$
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Consider the annual real interest rate in the U.S. economy. In the 1960s the federal government had a persistent budget deficit, in the 1970s the federal government had a persistent budget surplus, and in the 1990s and 2000s the federal government had a persistent budget deficit. These fluctuations in the government bu...
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A company sells a plant asset that cost $350,000 for $180,000 cash. The plant asset had accumulated depreciation of $65,000 by the date of the sale. The journal entry for the sale would include a: a. credit to Accumulated Depreciation of $65,000 b. debit to Accumulated Depreciation of $285,000 c. credit to Deprecia...
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If funds are placed in a savings account at the end of each year, how many years will it take for $10,000 to become $50,000 if the account pays 8% interest compounded annually? a) 36 b) 13 c) 15 d) 25
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Find the z-score corresponding to a salary of $54,500, given that the average annual salary for an employee of a large company is $52,000 and the standard deviation is $8,000, assuming that the distribution is normal.
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Consider the vector field {eq}F= < -xy , x^2 > {/eq}. Let {eq}C {/eq} be the quarter circle from {eq}(0,2) {/eq} to {eq}(-2,0) {/eq}. Evaluate {eq}\int_c F \cdot dr{/eq}.
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Wundt's use of introspection most closely resembled that of {eq}\_\_\_\_\_\_\_\_. {/eq} a. St. Augustine b. The British empiricists c. Descartes d. Helmholtzian physiologists.
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Suppose that countries A and B have identical long-run aggregate supply (LRAS) curves. Suppose further that countries A and B have different short-run aggregate supply (SRAS) curves. If there is an increase in the price level in Country A but not Country B, we could conclude that: a. the SRAS curve shifted to the righ...
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One batch of cookies requires 300 g of flour and 225 g of sugar. Suppose you have 3 kg of flour and 2 kg of sugar available. Let x denote the number of batches of cookies made using all the flour and y denote the number of batches of cookies made using all the sugar. Maximize the number of batches of cookies made. ...
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If managers use a conservative assumption when estimating a firm's cost of debt, what will be the impact on their estimate of the firm's WACC? a. WACC will be too low. b. WACC will be too high. c. There will be no effect on the WACC. d. The effect on WACC cannot be determined without more information.
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Consider a normal distribution with a mean of 100 and a standard deviation of 10. Suppose you select a sample of n = 25. For the sample, what is the probability that the sample mean deviates from the population mean by no more than 4?
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On January 2, 2010, Zeta Corporation declared a stock dividend of 12,000 shares. At that time, there were 100,000 shares of $5 par value common stock issued and outstanding, and the market value per share was $8. On December 31, 2009, prior to the declaration of the dividend, the balance in retained earnings was $450,0...
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Two cases of soft drinks , $24$ bottles of one type and $24$ of another , are distributed among $5$ surveyors who are conducting taste test.In how many ways can $48$ bottles be distributed so that each surveyors get at least $2$ bottles of one particular type and at least $3$ of the other ? The given answer is $$C(18,1...
C(18,14)*C(13,9)
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Company A has a higher debt ratio than Company B. Which of the following is true? A) Company A has higher financial risk. B) Company B has higher financial risk. C) The debt ratios have nothing to do with financial risk. D) Company A and Company B have equal financial risk.
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Suppose the risk-free return is 6.5 percent and the market portfolio has an expected return of 10 percent and a standard deviation of 16 percent. Johnson & Johnson Corporation stock has a beta of 0.35. What is its expected return? Round to two decimal places.
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Under the required reserve ratio system, when the Fed purchases government securities in the open market: A) The money supply increases, and M1 and M2 are unaffected. B) The money supply increases, and both M1 and M2 increase. C) The money supply increases, and only M2 increases. D) The money supply increases, and ...
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I am trying to solve for the cost of equity using the CAPM equation. I know I need a risk-free rate for T-bills and a market risk premium for the S&P 500. When I look at their dividend growth I get a growth rate of 10% but I am not sure what the cost of equity is. I am given the beta as 1.25 and the tax rate as 35%.
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Calculate the divergence of the vector field at the point P = (1, 2, 0). Show all work. [tex]F(x, y, z) = x^2y^2z^3i + 6xyz^3j + 6x^2y^3zk , \ P = (1, 2, 0)[/tex]
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Bond Price: Regatta, Inc., has six-year bonds outstanding that pay a 8.25% coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875%. What should the company's bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.) a) $1014 b) $972 c) $923 d) $1,0...
D
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Consider a monopolist that faces the following demand curve: p = 100 - 3Q The monopolist's marginal costs are 2Q and its fixed costs are 30. Then the profit-maximizing quantity for the monopolist is: a. 50, b. 70, c. 100, d. 12,
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Suppose {eq}y{/eq} is a differentiable function of {eq}x{/eq} that is not constant. For the following function find {eq}y'_{p}{/eq} in terms of {eq}y'_{p}{/eq} and {eq}y{/eq}. {eq}y = \frac{3e^{2x} + 5e^{-2x} - 4}{e^{2x} + 3e^{-2x}}{/eq}
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Let $U \sim \text{Uniform}(0,1)$. Define a new random variable $Z$ by setting $$ Z= \begin{cases} U, & U \leq 1/2 \\ 2-U, & U > 1/2 \end{cases} $$ Find the CDF of $Z$.
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A block has a mass of $m$ and is given an initial velocity $v_0$ up an inclined plane which has a coefficient of kinetic friction $\mu_k$. If the plane makes an angle $\theta$ with the horizontal, determine the maximum distance $d$ the block travels up the plane.
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Assume the foreign currency is in the numerator. If the foreign currency's price increases in U.S. dollar terms, this means the: Multiple Choice a. dollar has appreciated in value relative to the foreign currency b. dollar has depreciated in value relative to the foreign currency c. dollar exchange rate has increase...
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Consider the following numbers: $$19=10011_b, 12.75=1100.11_b, 7.125=111.001_b$$ What is the minimum number of bits necessary to represent the above three numbers precisely?
7
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Find the two unit vectors orthogonal to $b=(2,2,1)$ and $c=(2,1,3)$.
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The point at which the marginal product equals zero is the: a. maximum point of total product. b. minimum point of the average product. c. minimum point of total product. d. minimum point of the marginal cost curve.
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A management company has purchased an apartment building with 50 three-bedroom apartments. The company decided that each apartment will rent for $2,500 per month. At that price, all the apartments will be rented. For each $100 the rental price is increased, two apartments will be left vacant. Determine a function to re...
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The Taylor rule relates the federal funds rate to _____. a) inflation. b) growth. c) open market operations. d) the money supply. e) volatility.
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Which of the following was the number one ranked reason why firms wanted to have a strong ethical commitment in 2005? a. Pressure from customers b. Corporate scandals c. Marketplace competition d. Demands by Investors
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John Doe Company manufactures a product for which materials are added at the beginning of the manufacturing process. A review of the company's inventory and cost records for the most recently completed year revealed the following information: Units Materials Conversion Work i...
$352,500
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A price searcher (monopolist) would: A) produce where marginal revenue equals marginal cost and set the price at the one the demand curve at that output B) produce where marginal revenue exceeds marginal cost and set the price at the one the demand curve at that output C) produce where marginal revenue equals margin...
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The following accounts were selected from the ledger of **Jester Co.** to construct its December 31, 2014, balance sheet: Cash $1,650 Land 90,000 Notes Payable 31,000 Accounts Payable 8,000 Retained Earnings 46,000 Servic...
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Suppose $f:[a,b]\to\mathbb R$ has the property that $\displaystyle\lim_{x\to c}\frac{f(x)-f(c)}{x-c}$ exists for every $c\in (a,b)$. (a) Prove that $f$ is continuous on $[a,b]$. (b) Give an example of a function $f$ which is continuous at $c$ but for which $\displaystyle\lim_{x\to c}\frac{f(x)-f(c)}{x-c}$ does not exis...
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An increase in the minimum wage will: a. decrease the unemployment rate for the most-skilled workers. b. increase the unemployment rate for the least-skilled workers. c. decrease the unemployment rate for the least-skilled workers. d. have no effect on the unemployment rate for the least-skilled workers. e. increa...
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Suppose that the economy was initially at its long-run equilibrium. If there was a decrease in the value of U.S. financial assets as a result of a crisis in the European banking system, then in the short-run we would expect to see: a. the aggregate demand curve shift to the right and a higher price level. b. the aggr...
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Determine the volume of the solid cut from the first octant by the surface z=9-x^2-y.
64.8
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Baker Company uses a periodic inventory system and sells its inventory to customers for $35.00 per unit. At the beginning of the year, Baker had an inventory with a total cost of $43,200. During the year, Baker made the following purchases of inventory: Feb. 20 2,000 units at $12.00 July 30 6,000 units at $13.00 Nov...
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Given the function {eq}\displaystyle f(x) = \frac{\sin^2(x)}{x^2}, find its first four non-zero terms in its Maclaurin series.
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What is the correct way to compute the integral $\int_0^{2\pi} e^{\cos(t)} \cos(\sin t) dt$? Why do the integral of the real part and the integral of the modulus squared give different results when both should, in theory, give the same answer as the original integral?
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The Roll Tide Beverage Company has paid annual dividends of $1.00, $0.80, and $0.40 over the past three years, respectively. The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to remain relatively constant. Given the lack of future growth, you wi...
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A company's cost function is C(x) = 0.04x^3 - 0.9x^2 + 60x + 250 dollars, where x is the number of units. Find the average cost over the interval [0, 100].
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_____ is consistent with the rational model where a decision is approached in a step-by-step and analytical fashion. a. Scientific thinking b. Strategic thinking c. Systematic thinking d. Irrational thinking e. Satisficing
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In $O(n^3)$ time, using $O(n)$ memory, produce a matrix of ones and zeroes, where the $(i, j)^{th}$ position is $1$ if string $S_i$ is a substring of string $S_j$, and $0$ otherwise.
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A 240-V rms 60-Hz voltage source supplies two loads connected in parallel. One load draws 10 kW at 0.8 power factor lagging, the other, 10 kVA at 0.6 power factor leading. Calculate the source current.
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Calculate the current beta for Mercury, Inc. The rate on 30-year U.S. Treasury bonds is currently 8%. The market risk premium is 5%. Mercury returned 18% to its stockholders in the latest year.
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Your grandfather is retiring at the end of next year. He would like to ensure that his heirs receive payments of $10,000 a year forever, starting when he retires. If he can earn 6.5% annually, how much does your grandfather need to invest to produce the desired cash flow?
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The unemployment rate in January was 5.2%. In February, the unemployment rate rose to 6%. If there were 20 million people employed in February, how many more people would have been unemployed in February than in January?
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Sellograph Corporation reports sales of $10 million for Year 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on credit. Year 1 Year 2 Account receivable $150,000 $170,000 Inventory $900,000 $1,000,000 Account payable $1,100,000 $1,200,000...
C
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The first three nonzero terms of the Taylor series expansion of a function {eq}f(x) {/eq} around {eq}x=5 {/eq} are {eq}2+\frac{1}{3}(x-5)+\frac{5}{24}(x-5)^2 {/eq}. Evaluate {eq}\lim_{x \rightarrow 5} \frac{f(x)-f(5)}{x-5} {/eq}
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Since it started business 10 years ago, Alphafem Company has paid a constant $1.20 per share dividend to its common stockholders. Next year and every year thereafter, the company plans to increase the dividend at a constant rate equal to 2.5 percent per year. If investors require a 15 percent rate of return to purchase...
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Swofford Manufacturing Company purchased equipment on October 1, 2014, for $100,000. The company expects to use the equipment for four years with no salvage value. The straight-line method of depreciation is being used. How much depreciation expense will the company record on the equipment for the year ended December ...
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Business risk is defined as a) the net profit after a recession. b) the net profit before a recession. c) the gross profit margin when business is at its peak. d) the gross profit margin during a recession.
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What would be the cost of equity for a firm with beta of 1.5 and a debt-to-equity ratio of 0.6? a. 8.93% b. 9.93% c. 11.93% d. 13.93%
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By the theory of reputation goods, an increased number of providers may lead to _____ prices because consumers have _____ information about alternatives and hence _____ elastic demand: Select one: a. higher; more; more. b. higher; less; less. c. lower; more; more. d. lower; less; more.
c
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The _____ of control often affects the willingness of organization members to work cooperatively with the system. A) source B) objectivity C) flexibility D) timelines
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A company had net income of $450 million and their sales were $5,200 million. They also had total assets of $2,900 million and their accounts payable was $1,100 million. What is their asset turnover?
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Which of the following sequences of inclusions is correct? A. Monetary policy/ fiscal policy/ trade policy. B. Trade policy/ monetary policy/ fiscal policy. C. Trade policy/ fiscal policy/ monetary policy. D. Fiscal policy/ trade policy/ monetary policy.
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Use a double integral to find the volume of the solid bounded by y = x, y = 4, and z = 8 - x - y.
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Use the linear regression calculator to determine the best fit line for the following set of points (-2, 6), (0, 5), (2, 4), (4, 3), (6, 2) in the form y = mx + b. Round m and b to two decimal places. m = \_\_\_ \ _\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_ b = \_\_\_ \ _\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_
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Jovar Inc,. a U.S. multinational, began operations this year. Jovar had pretax U.S source income and foreign source income as follows. U.S. source income $600,000 Foreign source income $100,000 Total $700,000 Jovar paid $50,000 income tax to Country O. Compute Jovar's U.S. tax liability if it takes the foreign tax ...
C
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The easiest way to reduce the degree of financial leverage is to: a. reduce fixed assets. b. reduce stock. c. reduce debt. d. increase equity.
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What is the probability that there are three or less errors in the book (100 pages), given that the number of errors in a book is a Poisson random variable with mean 0.02 errors per page?
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Hess Distributors has three departments in 2013: East, West, and Central. The income statements for the three departments are as follows: EAST Total Per Unit Sales $620,000 $4.13 Variable Expenses 455,000 2.98 Contribution Margin ...
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A convergent sequence in a metric space (X,d) is Cauchy. Why does the fact that the sequence $x_n$ is Cauchy imply that for some $N$, $n,m \geq N$ implies $d(x_n, x_m) < \frac{1}{2}$?
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If all prices in an economy double and all wages double, what happens in the long-run to the equilibrium values of: 1) output, 2) employment and 3) the real wage rate? Assume that all price levels are flexible. If all prices and wages in the economy double, then in the long run: 1) output: remains constant; employ...
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How do I calculate the linking number $$L(c_a, c_b) = \frac{1}{4\pi}\int_{0}^{2\pi}\int_{0}^{2\pi}\frac{(c_a(t)-c_b(s),\dot{c_a}(t), \dot{c_b}(s))}{|c_a(t)-c_b(s)|^3}dtds$$ of the link formed by the stereographic projections $c_a=p(C_a)$ and $c_b=p(C_b)$, where $C_a = S^3 \cap L_a$ and $C_b = S^3 \cap L_b$, $L_a = \{(z...
1
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On the income statement, what is the key difference between Variable Cost and Fixed Cost? a. Variable costs remain the same on the income statement, fixed costs do not. b. Variable costs fluctuate with the level of production, fixed costs remain the same within the relevant range. c. Variable costs are expensed as i...
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Matthew Simmons is studying what he suspects may be a new prion disease, and he conducts several experiments to test this idea. If truly caused by prions, which experiment would lead to infection of the subject? Select all that apply. A. Experiment A: Brain tissue from an infected individual is transferred to the test...
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A volume-based costing system: a) generally provides more accurate product costs than a behavior-based costing system. b) generally uses a single allocation base to assign overhead costs to products. c) uses cost drivers as the basis for assigning overhead costs to products. d) uses either the number of units or ma...
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You are considering a project with the following cash flows. What is the internal rate of return (IRR) for this project? Year 0 Year 1 Year 2 Year 3 Cash flow -$20,000 $5,000 $8,000 $12,000
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If a pollution tax is set "too high" relative to the level that achieves the efficient or desired pollution outcome: A. a cost effective result will be prevented B. too high a level of pollution will result but it will still be cost effective for that level of pollution C. too low a level of pollution will result an...
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A study of the amount of time it takes a mechanic to rebuild the transmission for a 1992 Chevrolet cavalier shows that the mean is 8.4 hours with a standard deviation of 1.8 hours. If 40 mechanics are randomly selected find the probability that their mean rebuild time is less than 7.6 hours.
0.0025
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For the following processes, which one would you expect to have the larger rate constant (k)? Explain. (a) the reaction rate at 450 K for a reaction with an activation energy of 120 kJ/mol. (b) The reaction rate at 450 K for a reaction with an activation energy of 60 kJ/mol.
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When property is transferred from the seller to the buyer under the terms of a sale with an installment contract, a. Cash is debited by the amount of the first payment. b. Accounts Receivable is credited by the amount of the first payment. c. Cash is credited for the cash portion of the first payment and a deferred ...
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What is wrong with the following differentiation: Given $y=x^{x^{x^{\log_4^3x}}}$, I started by taking the logarithm of both sides to get $\log y = x^{x^{\log_4^3x}} \log x$, then differentiated both sides with respect to $x$ to get $\frac{1}{y}y' = x^{x^{\log_4^3x}} \log x + x^{x^{\log_4^3x}-1} \log x + \frac{x^{\lo...
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Suppose that the yields to maturity of all bonds of equivalent duration decreased by the same percentage last year. Which of the following bonds would have the largest percentage increase in price? A) a corporate bond with a low degree of default risk B) a municipal bond with an annual coupon C) a municipal bond wit...
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Capital Budgeting Choices: Business Location Capital Investment Cost in $ Cumulative Investment Costs Net Present Value 1 25,000 25,000 27,500 2 28,500 53,500 35,000 3 32,500 86,000 35,000 4 ...
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