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What is the pH of a solution that is 0.10 M in {eq}HC_2H_3O_2 {/eq} and 0.15 M in {eq}C_2H_3O_2^-Na^+. {/eq} ({eq}K_a {/eq} for {eq}HC_2H_3O_2 {/eq} is {eq}1.8 * 10^{-5} {/eq})
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Schlick Framing's cost formula for its supplies cost is $1,800 per month plus $11 per frame. For August, the company planned for an activity of 620 frames, but the actual level of activity was 626 frames. The actual supplies cost for the month was $8,900. The activity variance for supplies cost in August would be close...
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Amster Corporation's bonds mature in 14 years and pay 11% interest annually. If these bonds sold for $1,250, what is the annual market rate of interest (yield to maturity) on them?
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If a regulator sets prices equal to marginal cost in an oligopoly, then which one of the following is true? A) Each firm earns a positive economic profit. B) Each firm earns zero economic profit. C) Firms produce a level of output that is less than the efficient level. D) Firms produce a level of output that is equ...
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The _____ is the only checkpoint in the cell cycle that can totally and entirely stop the cell cycle forever. a. {eq}\rm G2/M {/eq} checkpoint. b. {eq}\rm G0 {/eq} checkpoint. c. {eq}\rm G1/S {/eq} checkpoint. d. DNA replication checkpoint.
c
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Consider the region bounded by {eq}\; y = 4x - x^2 \; {/eq} and the {eq}x{/eq}-axis. Use the method of cylindrical shells to find the volume of the solid generated when this region is revolved about the {eq}y{/eq}-axis.
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In the process of producing thread for a textile mill, a sample of 100 pieces of thread is randomly taken from the day's output and tested for breaking strength. The number of pieces of thread in the sample that break while undergoing testing is determined and then the process is stopped. After this sample is tested, t...
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Use Stokes' theorem to calculate ∬_S curl F *n dσ where F(x,y,z)= <y, -x,xyz> and S is the part of the sphere x^2+y^2+z^2=25 that lies below the plane z=4. Assume the unit normal vector to the surface points in the general direction of the positive z-axis. (The sphere is oriented so that the unit normal vector at (0,0,...
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Safford Company started and completed 28,000 units during the year. Variable manufacturing overhead cost was $11.00 per unit. It also incurred $700,000 of fixed manufacturing overhead cost and $180,000 of variable selling and administrative expenses. The company sold 31,000 units during the year. What is the differenc...
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On January 1, 2013, A Company acquired 100% of the outstanding common stock of B Company for $2,000,000. An independent appraiser estimated the fair value of B Company's assets to be $2,700,000. B Company had a total of $200,000 in liabilities on its books on this date. On December 31, 2013, B Company had cumulative ea...
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Use a double integral to find the volume of a solid underneath the surface {eq}z=xy {/eq} with the base bounded by {eq}y=x-1 {/eq} and {eq}x=\frac{{{y}^{2}}}{2}-3 {/eq} . Choose the order of the integration wisely to make your work easier.
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On January 1, the Deng Company sold 5,000 annual memberships in the Yankay Ice Skating Rink at $50 per membership. Each member must buy a special $5 one-year membership card. This sales price represents the total amount due from the member. During 2012, 4,800 members paid in full for the year. A slide of $1 per year is...
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Selected accounts with respect to the three leased assets held by Jackson Leasing Company are presented below. Sales Revenue $35,000 Cost of Goods Sold $20,000 Accumulated Depreciation - Equipment 22,500 Long-Term Receivables 31,500 Cash...
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Anita Smith is retiring today with $1,164,300 in her retirement account. She expects to live 30 years in retirement and plans to leave $1,000,000 to her grandchildren. Calculate the maximum monthly withdrawal Anita can make from her retirement account to achieve her goal if she earns an interest of 4 percent per year o...
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Assume the euro is at €1 = $1.40. Also assume that during the past year, U.S. exports to Germany increased by $2 billion and imports from Germany increased by $3 billion. As a result, the change in the U.S. balance of trade was: a. an improvement of $2 billion, b. an improvement of $1 billion, c. a deterioration of...
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Woolcrest Corporation expects an EBIT of $10,400 every year forever. The firm currently has no debt, and its cost of equity is 13.5%. The firm can borrow at 9% and the corporate tax rate is 40%. What will the value of the firm be if it converts to 50% debt? (Do not round intermediate calculations and round your answer ...
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Which step in the STP process develops descriptions of the different segments, which helps firms better understand the customer profiles in each segment? a. Establish overall strategy or objectives b. Select segmentation method c. Develop positioning strategy d. Evaluate segment attractiveness e. Select target marke...
e
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If the first Class B lease payment is not paid by the lessee on or before the lease start date, the lessor should: a. reassess the residual value. b. report the additional amount as interest income. c. terminate the lease. d. extend the lease.
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The following table displays the payoffs to three production strategies for Boeing and Airbus, who are the only producers of commercial planes. Airbus Strategy Airbus Strategy Airbus Strategy Large Planes Small Planes Do Not Produce Boeing's Strategy Large Planes A(10, -10) D(135, 35) G(150, 0) Boeing's St...
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Davis and Sapp Industries incurs the following costs to produce 10,000 units of a subcomponent: Direct materials - $8000 Direct labor - $12,000 Variable overhead - $6,000 Fixed overhead - $14,000 An outside supplier has offered to sell the component for $2.60 a unit. If Davis and Sapp accepts the offer, it could u...
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Jyoti Ltd. had net income last year of $180,000 and 150,000 shares were outstanding at the end of the year. Total assets were $2,850,000, and total liabilities were $1,350,000. The capital gains tax rate is 50 percent. What is the ROE of the firm? a) 8.65% b) 11.00% c) 12.44% d) 14.23% e) 16.29%
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Compute the p-value of the test, given H0: μ = 200, HA: μ > 200, σ = 50, n = 100, mean = 210, and α = 0.01.
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Complex Systems has an outstanding issue of $1,000-par-value bonds with a 9% coupon interest rate. The issue pays interest annually and has 20 years remaining to its maturity date. If bonds of similar risk are currently earning a rate of return of 8%, the Complex Systems bond should sell today for?
$1,098.18
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Mueller has been approached about providing a new service to its clients. The company will bill clients $140 per hour; the related hourly variable and fixed operating costs will be $75 and $18, respectively. If all employees are currently working at full capacity on other client matters, the per-hour opportunity cost o...
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Project A costs $12,000 and its expected cash flows would be $5,000 per year for 6 years. Mutually exclusive Project B costs $12,000 and its expected cash flows would be $5,600 per year for 6 years. Which of the following is a true statement? A) The NPV of Project A exceeds that of Project B. B) The IRR of Project B ...
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How many elements does $G \cong \Bbb Z_3 \oplus \Bbb Z_9$ have?
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You have a $1,000 portfolio which is invested in stocks A and B, and a risk-free asset. $300 is invested in stock A. Stock A has a beta of 1.76 and stock B has a beta of 0.89. How much needs to be invested in stock B if you want a portfolio beta of 1.10?
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Use Stokes' Theorem to evaluate {eq}\int \int_{S}curlF\cdot dS{/eq}. {eq}F(x,y,z)=x^2\sin (z)i+y^2j+xyk{/eq}, {eq}S {/eq} is the part of the paraboloid {eq}z=4-x^2-y^2 {/eq} that lies above the {eq}xy {/eq} - plane, oriented upward.
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Xeller Company makes electronic keyboards. The practice model price is $220 and variable expenses are $190. The deluxe model price is $340 and variable expenses are $250. The professional model price is $1,200 and the variable expense per unit is $800. Total fixed expenses are $187,000. Generally, Xeller sells 6 practi...
a
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A firm with a 14 percent WACC is evaluating an project with the following cash flows: ($1000) $100 $410 $420 $430 $440. The project's NPV is? A. $97.83 B. $95.88 C. $98.00 D. $74.33
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Assume that PP is considering changing from its original capital structure to a new capital structure with 55% debt and 45% equity. This results in a weighted average cost of capital equal to 11.9% and a new value of operations of $427,871. Assume PP raises $235,327 in new debt and purchases T-bills to hold until it ma...
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A firm's stock currently sells for $38.49. The firm just paid a dividend of $6.08. If the required rate of return on the firm's stock is 11%, what is the market's expectation of the firm's constant future growth rate? State your answer as a percentage to 2 decimal places.
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Approximate the change in the volume of a cube when the edge is increased from 50 cm to 51 cm. a. 1000 cm^3 b. 150 cm^3 c. 75 cm^3 d. 51 cm^3
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How do you solve 3/(x-1)+3=(2x)/(x+1), x in RR?
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Firm C Common Stock is $ 4.00 Per Share. The Year 1 Growth Rate is projected to be 10%. Beyond Year 1, growth will level off at 4% annually. If the Current stock Price is $44 Per Share, what is the % Cost of Equity on Firm C Common Stock?
14%
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ABC company has a proposed project that will generate sales of 419 units annually at a selling price of $290 each. The fixed costs are $6,981 and the variable costs per unit are $70. The project requires $39,808 of equipment that will be depreciated on a straight line basis to a zero book value over the 4-year life of ...
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Why is the current method preferred over the random walk method when modeling a stock price as a stochastic process, especially in terms of market efficiency? The current method seems to assume that the volatility is constant, whereas the random walk method allows for stochastic volatility.
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A monopolist has two segments of its consumer base. In one segment, customers have the following demand function: {eq}Q_1 = 16 - 4P {/eq}. In the other, they have the following demand function: {eq}Q_2 = 10 - P {/eq}. At which price will the monopolist produce the largest amount of output? a) P = 2.5 b) P = 0 c) P...
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Money received from the issuance of common stock is recorded with a: a. credit to Stock Issued and a debit to Cash b. credit to Common Stock and a debit to Cash c. credit to Cash and a debit to Stock Issued d. credit to Cash and a debit to Common Stock
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Given the following information, find the expected return on the market: Risk-free rate: 4% Required return on stock: 12% Beta of stock: 1.4
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I want to compute $ E[\mu\Lambda] $ for a normal-wishart distribution. A normal-wishart distribution is defined as: $$ (\mu,\Lambda)=NW(\mu,\Lambda|\mu_0,\lambda,W,v)=N(\mu|\mu_0,(\lambda \Lambda)^{-1})W(\Lambda|W,v) $$ in which $N(.)$ means normal distribution and $W(.)$ means wishart distribution. How can I compute i...
\mu_0 v W
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The government has decided that the free-market price of cheese is too low. In an attempt to help the cheese producers, the government agrees to buy up any unsold cheese at a price of $0.75 per pound. The price in the free-market equilibrium without government interference would be $0.50 per pound. Which of the follow...
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The most recent annual data from the accounting records of Trusty Corporation are presented below: Sales revenue $1,100,000 Raw materials used $330,000 Wages paid to assembly workers $150,000 Indirect materials $20,000 Depreciation of factory equipment $220,000 Insurance on plant $25,000 Rent of factory ...
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Use the shell method to find the volume of the solid generated by revolving the plane region y = e^x + e^-x, 0<=x<=2 revolved about the y-axis.
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A tire manufacturer has a corporate mean tire life of 60,000 miles with a standard deviation of 8,000 miles. The manufacturer wants to set a warranty on the tire that will guarantee no more than 1% of the tires will be treaded out within the warranty period. How many miles should be allowed under the warranty?
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Show that the following equation has a unique solution, and find the solution using Newton's method: $$x=1-\frac{1}{e^x}$$ I understand that the point where $x=1-\frac{1}{e^x}$ is the point where the function $f(x)=x-1+\frac{1}{e^x}$ intersects the x axis. Using the Newton's method formula and calculating the derivativ...
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What is the probability that a random sample of 200 customers will have a sample proportion of customers leaving after their term contract expires that is within {eq}\pm{/eq} 0.04 of the population proportion, given that traditionally, 25% of cell phone company customers leave after their term contract expires?
0.8098
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A steady, incompressible (with constant $\rho$), two-dimensional velocity field is given by the following components (in m/s) in the xy-plane $$u=x^{2}y; v=-2xy^{2}$$ Determine the x- and y-components of the acceleration of the fluid particle at point (x, y)=(2, 1).
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The Johnson Corporation recently purchased a piece of equipment for $200,000 with a 7-year MACRS life. The company's marginal tax rate is 30%. The annual OCF for this asset during the first year is: a. $31,752 b. $38,000 c. $26,832 d. $53,664 e. $27,000
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The CEO of United Airlines is evaluating the company's dividend policy. There were no dividends last year, and the firm does not expect any for the foreseeable future. The company, however, is expected to generate earnings of $3,000,000 next year and expects its earnings and dividends to grow at a rate of 5% indefinite...
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The Holden Company uses a job-costing system at its Sydney , Ashfield plant. The plant has a machining department and a finishing department. Holden uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machine department wit...
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Let $\gamma : [0,2] \to \Bbb R^3$ a curve defined as $$\gamma(t) = (t^3, 2t^3,t^4)$$ Find the arc length of $\gamma$ from $t=0$ to $t=2$. Is the following calculation correct? $$\int_0^2 \|\gamma'(t)\| \,dt = \int_0^2 \sqrt{9t^4 + 36t^4 + 16t^2} \, dt = \int_0^2 \sqrt{55t^4 + 16t^2} \, dt = 2\sqrt{\frac{55}{3}}$$
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A small 12.0 g bug stands at one end of a thin uniform bar that is initially at rest on a smooth horizontal table. The other end of the bar pivots about a nail driven into the table and can rotate freely, without friction. The bar has mass 70.0 g and is 120 cm in length. The bug jumps off in the horizontal direction, p...
0.107 rad/s
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A company uses 4,000 units of a part each year. The company is considering making the part instead of buying it. The variable cost to make the part is $20, and the fixed cost is $30,000. The opportunity cost to make the part is: A. $0 B. $50,000 C. $40,000 D. $80,000 E. $20,000
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Suppose you bought a bond with a face value of $1,000 and a coupon of 8% paid semi-annually when it was issued 20 years ago. If you are planning to sell this bond when it has 10 years left to maturity and the yield to maturity is expected to be 7.5%, what price should you receive for your bond?
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Find the price of a call option on a stock paying a dividend of $3 per share, where the current stock price is $30, the strike price of the call option is $40, and the expiration date is three months, and the risk-free interest rate is 10% per year.
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Suppose the own-price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.3, and a typical gasoline retailer enjoys sales of $2,350,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?
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Monopolistic competition and perfect competition are different in that: A. only monopolistically competitive firms can earn economic losses in the short-run. B. only perfectly competitive firms are characterized by long-run economic profits of zero. C. only monopolistically competitive firms advertise. D. only perf...
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Based on the Business Travel sheet showing regression results for the amount spent on entertainment on average daily hotel room rate for a random sample of 9 of the 25 most visited U.S. cities, we might believe that (a) Boston is a potential outlier (b) San Jose is an influential observation (c) San Jose may be an outl...
(d)
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How will an increase in product price from $1.50 to $1.75 affect the profits of a monopolist who can price-discriminate between the "infrequent user" and "frequent user" markets? a) Increase. b) Decrease. c) Stay the same. d) The impact of a change in price cannot be determined without more information about elasti...
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When the federal government subsidizes the price of corn, the demand for the corn-based ethanol rises, increasing the supply of ethanol. The combined effect of the subsidy and the increase in ethanol supply is to: A. Increase the price of corn per bushel and increase the price of ethanol per gallon. B. Increase the p...
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Suppose the inverse demand function is p = a - 4x. What is "a" if the point elasticity of demand is {eq}-\frac{1}{3} {/eq} when p = 4?
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Use the information below to answer this question. Cash and marketable securities $1,000 Accounts receivable 6,000 Inventories 7,000 Accounts payable 4,000 Given the firm's tax rate of 30% and a times interest earned ratio of 6, how much interest expense does the f...
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A monopolist earns $40 million annually and will maintain that level of profit indefinitely, provided that no other firm enters the market. However, if another firm enters the market, the monopolist will earn $40 million in the current period and $22 million annually thereafter. The opportunity cost of funds is 12 perc...
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Power and influence have a _____ effect on job performance and organizational commitment. A. moderate positive B. strong negative C. moderate negative D. strong positive E. weak positive
A
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At the break-even point of 12,000 units, Variable cost per unit is $3.75, Fixed costs are $75,000, and Profit is $0. What will the contribution margin ratio be at a volume of 13,200 units?
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Consider two random variables $T$ and $J$. $T$ is non-negative, and $J$ is uniformly distributed on $(0,m)$ as $m \to \infty$. If we have a point process where the time between successive events is a random variable $T$ with $E(T)=t$ (i.e. a non-homogenous Poisson process), how can I rigorously show that the average nu...
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Calculate the pH at the endpoint of a titration of 25.0 mL of a solution of 0.200 M acetic acid, HCH3CO2H, with 0.100 M potassium hydroxide, KOH.
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Braddock Construction Co.'s stock is trading at $20 a share. It is expected to pay a $1 per share dividend at the end of the year (D1 = $1.00). The dividend is expected to grow at a constant rate of g% a year. The risk-free rate is 5%, and the market risk premium is 4%. The company's beta is 1.5. What is the growth ra...
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Suppose you are going on a road trip with friends. Unfortunately, your headlights are broken, so you can only drive in the daytime. Therefore, on any given day, you can drive no more than d miles. You have a map with n different hotels and the distances from your start point to each hotel x1 < x2 < ... < xn. Your final...
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Appliance for Less is a local appliance store. It costs this store $23.93 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 613 units. Each order costs $91. The company is using Economic Order Quantity model in placing the orders. What is the ave...
38
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The opportunity cost of an action is a) the highest-valued alternative forgone b) the lowest-valued alternative forgone c) the total value of all alternatives forgone d) the difference between the highest and the lowest-valued alternative forgone
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A company is considering replacing a machine with a new, more efficient model. The following data is available: Current machine: Purchase cost, 8 years ago: $45,000 Current market value: $27,000 Remaining useful life: 8 years Annual operating costs: $16,000 New machine: Purchase cost: $35,000 Estimated useful l...
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A long, straight wire has a uniform linear charge density of {eq}8.50 \times 10^{-4} {/eq} C/m. A point charge q = 14.0 micro coulombs is located 4.50 cm away from the wire. Find the magnitude of the force exerted by the charge q on the wire.
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At the going price of $1,000, each person buys 50 bonds. The price of bonds is expected to fall to $500 per bond and then stay there indefinitely. What is the expected percentage return on this investment? A. 50% B. 100% C. 0% D. None of the above.
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As long as profit is positive, the marginal product of labor must be a. increasing, b. decreasing, c. equal to zero, d. positive, e. negative.
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Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth rate, the rate of inflation in the economy has increased to almost 12 percent. The government of Cassiopeia has recently appointed a panel of experts to suggest suitable fiscal measures. Ronald Boyle, a member of the National Trade...
E
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Find an equation of the plane that passes through the line of intersection of the planes x - z = 3 and y + 3z = 1 and is perpendicular to the plane x + y - 2z = 4.
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Consider a Red-Black tree whose internal nodes each store an additional satellite data of $O(1)$ size. The height of the tree is $h$. What is the worst-case running time to search for an item in the tree?
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Shi Importers' balance sheet shows $270 million in debt, $55 million in preferred stock, and $245 million in total common equity. Shi's tax rate is 35%, rd = 6%, rps = 7.1%, and rs = 11.6%. If Shi has a target capital structure of 35% debt, 5% preferred stock, and 60% common stock, what is its WACC? Round your answer t...
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Find the exact value of {eq}\tan^{-1}(\tan(3\pi/4))
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Roanoke Company's information for 2015 and 2014 is as follows: 2015 2014 Accounts payable (2015 balances) $55,000 $45,000 Accounts payable (2014 balances) 40,000 35,000 Inventory (2015 balances) 220,000 190,000 Inventory (2014 balances) 180,000 150,000 Prepaid expenses (2015 balances) 30,000 25,000 Prepaid expenses (20...
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What is the lower limit of the 95% confidence interval for the true proportion of the population who favour the bill, given that a survey of 419 citizens found that 327 of them favour a new bill introduced by the city?
0.74
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Sharon and George are an item, and they are made by mixing peanut butter with 1 pound of shellacked golf balls. The normal selling price for one pound of Sharon and George is $8.50. The standard variable manufacturing cost per pound is $7.00, and the standard fixed manufacturing overhead cost per pound is $1.50. Manage...
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Which of the following is most likely to be included in a strategy? A) Exports of products manufactured in countries that have very high standards of safety. B) An emphasis on providing the highest level of customer service available. C) Low prices in order to maintain a competitive position. D) Strategic alliances...
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The comparative financial statements of Marshall Inc. are given below. All balance sheet accounts have normal balances. MARSHALL INC. Comparative Retained Earnings Statements For the Years Ended December 31 Year 2Year 1 Retained earnings January 1 $668,000 $605,000 Net income 101,000 96,000 Dividends: Cash ...
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Janet, Inc. reported the following information for the year: Sales $ 780,000 Cost of Goods Sold$ 520,000 Inventory Dec. 31-Jan. 1 $ 38,000 Accumulated Depreciation Dec. 31-Jan. 1$ 40,000 Freight-in $ 4,000 Janet paid the following amounts during the year: Freight-out $6,000 Depreciation Expense$20,000 Selling and A...
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Consider the solid cone given as the region between the surface z = \sqrt{x^2 + y^2} and the plane z = 3. Suppose that this solid has constant density \rho . Determine the center of mass of this solid.
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What is the maximal margin of error associated with a 99% confidence interval for the true population mean turtle weight, given a sample of 42 turtles with a mean weight of 38 ounces and a population standard deviation of 13.7 ounces? Give your answer as a decimal to two places.
5.45
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Use Green's Theorem to calculate the circulation of F = 4yj around the triangle, 0≤ x ≤ 8, 0 ≤ y ≤ 6-3/4x, oriented counterclockwise. circulation = \oint_c F \cdot dr =
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Markson Company had the following results of operations for the past year: Sales (9,500 units at $19.50) $185,250 Variable manufacturing costs $90,350 Fixed manufacturing costs 14,500 Variable selling and administrative expenses 10,200 ...
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Find the sample size needed to ensure with 95 percent confidence that the sample proportion will not differ from the population proportion by more than 5 percent, given a prior estimate of 23 percent for the population proportion.
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Given the planes $2x - 5y + 7z = 15$ and $4x + 3y - z = -6$, find the point where the line through the origin perpendicular to both planes meets the first plane.
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During a period of high inflation, a fixed-rate loan would be advantageous to the creditor so long as: A) the loan is not fully amortized. B) the real interest rate is positive. C) the borrower does not default. D) the money supply does not grow faster than the inflation rate.
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For which of the following is an investment center manager responsible? a. Invested assets, sales, and costs b. Sales, profits, and invested assets c. Sales, invested assets, and assets d. Revenues and costs
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The Whitlock Company issued 10-year, 6%, bonds payable at a face value of $200,000. Whitlock also issued 1000 shares of $1 par value common stock at an issue price of $10 per share. In both cases, the entry involves a: a. debit to Cash. b. credit to Bonds Payable. c. credit to Common Stock. d. credit to Paid-in Capital...
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For the year ended December 31, 2016, Buckeye Pharmaceutical Company reported net income of $8,000,000. During the year, accounts payable decreased by $400,000 and inventory increased by $300,000. Accounts receivable increased by $300,000. What was the firm's net cash flow from operating activities? A. $8,600,000 B....
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Approximate {eq}\displaystyle \int_{1}^{5}\left ( 4-x^2 \right )dx{/eq} graphically by using a left hand sum with n = 4.
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The 2015 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $6.0 million, and the 2016 balance sheet showed long-term debt of $6.5 million. The 2016 income statement showed an interest expense of $225,000. During 2016, Maria's Tennis Shop, Inc. realized the following: Cash flow to creditors Cash...
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What is the best solution to find $x^6+y^6+z^6$? Given: $x+y+z = 1$ and $xy + yz + zx = -1$, find $x^6 + y^6 + z^6$. I attempted using the identity $x^3+y^3+z^3=(x+y+z)(x^2+y^2+z^2-xy-yz-zx)+3xyz$ and substituted $1$ for $x+y+z$, $-1$ for $xy+yz+xz$, and $xyz = (1-(x+y+z)(xy+yz+xz))^2-1 = 1$, but the equation $1-6xyz+z...
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