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You have 775 mL of a 0.15 M HF solution, and you want to make a buffer with a pH of 4.00. You have 2.5 M NaOH solution in your lab. What will be the final volume of the buffer solution?
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A company uses the perpetual inventory system and started the current fiscal year with $150,000 of inventory. During the year the company purchased $350,000 of inventory. At the end of the year, the company had $90,000 of inventory on hand. The company's cost of goods available for sale during the current fiscal year w...
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Given that $X$ is an infinite countable bounded subset of $\mathbb{R}$. Then which of the following is true? (A). $X$ cannot be compact (B). $X$ contains an interior point (C). closure of $X$ is countable
C
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The British government has a bond outstanding that matures in 36 years and pays $100 every year plus a final payment of $1,000 when the bond matures. The bond sells for $534.95. What is the yield to maturity of the bond?
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According to Keynesian analysis, an unanticipated increase in the price level will cause: a. demand for bonds to increase and interest rate to decrease, b. demand for bonds to increase and interest rate to increase, c. demand for bonds to decrease and interest rate to decrease, d. demand for bonds to decrease and i...
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Which of the following circumstances created a future taxable amount? a. Service fees collected in advance from customers: taxable when received, recognized for financial reporting when earned. b. Accrued compensation costs for future payments. c. Straight-line depreciation for financial reporting and accelerated de...
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Metro Company has the following balances and transactions during 2014: Beginning Merchandise Inventory as of January 1, 2014100 units at $80 March 10Sold 50 units June 10Purchased 200 units at $90 October 30Sold 150 units What would the company's ending merchandise inventory amount be on December 31, 2014, if the per...
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Find a formula for the Riemann sum obtained by dividing the interval {eq}[2, 4]{/eq} into {eq}n{/eq} equal subintervals and using the right-hand endpoint for each {eq}c_{k}{/eq}. Then take a limit of this sum as {eq}n \rightarrow \infty{/eq} to calculate the area under the curve over {eq}[2,4]{/eq}. {eq}f(x) = 3x^{2}{...
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I want to double check to make sure I am doing this problem right. $12xz \ e^{y^2z} dydxdz$ where $y$ is from $x^2$ to $1$ and both $x$ and $z$ are from $0$ to $1$. I changed the order of integration to $dxdydz$ and left $z$ unchanged. so I got $x$ from $0$ to $sqrt(y)$ and both $y$ and $z$ from $0$ to $1$. After integ...
3e-6
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The three categories of factors that shift the IS curve are _____. A. taxes, consumption spending, and government spending B. investments, exports, and the money supply C. investments, exports, and government spending D. taxes, consumption spending, and the money supply
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This year, Fido Company spent $38,200 on long-term debt interest. If Fido's tax rate is 40%, what is the interest expense on its income statement after considering the tax shield from the interest? A. $22,920. B. $30,400. C. $17,280. D. $27,080.
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Suppose the firm's cost of capital is stated in nominal terms, but the project's cash flows are expressed in real dollars. If a nominal rate is used to discount real cash flows and there is inflation (assume positive inflation), the calculated NPV would ..... a) be biased upward b) be biased downward c) be correct b...
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Suppose that one year from now you will receive $1000 and that at the end of every year thereafter you will receive a payment that is 1% larger than the prior payment. If the cost of capital is 6%, what is this stream of cash flows worth today?
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On January 1 of the current year, a corporation had stock in its treasury. On January 2, the corporation sold all of its treasury stock, at a {eq}\$3 {/eq} per share gain. Later in January, the corporation reissued the same shares of treasury stock at {eq}\$30 {/eq} per share. The {eq}\$3 {/eq} per share gain on th...
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Geopolitical uncertainty drives oil prices higher that result in an aggregate supply shock. In response, the Federal Reserve increases its target interest rate. In the short run, relative to the short run equilibrium situation if the Federal Reserve undertakes no action, output (RGDP) _____ and the price level _____. ...
C
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Settis Corporation manufactures titanium and aluminum tennis racquets. Settis's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Titanium Aluminum Total Cost Assembly 400 mach. hours 600 mach. hours $48,000 Inspections 300 300 $72,000 Labor Hours 2,00...
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If the present value of $1,000 to be received at the end of 10 years is $385.54, what is the rate of return on that investment?
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A price-discriminating monopolist will maximize its profit by producing up to the quantity at which marginal revenue equals marginal cost. However, its price will be determined by the demand elasticity to which each group is assigned. Which of the following best describes how a price-discriminating monopolist will assi...
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Stocks and Bonds can also be bought and sold in a stock exchange, just like individual stocks. If the price of the stock exchange goes up, this could: a. cause the price of the bonds of these companies to go up. b. cause the price of the bonds of these companies to go down. c. not impact the price of the bonds of th...
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If you want to be 90% confident of estimating the population mean to within a sampling error of plus or minus 130 and the standard deviation is assumed to be 600, What sample size is required?
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How do I find the derivative of y= x arctan (2x) - (ln (1+4x^2))/4?
arctan(2x)
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Identify the letter of the choice that best completes the statement or answers the question. In order to compute the value of the first quarterly autocorrelation coefficient for the series of quarterly sales reported below, the: 1998 1999 2000 Q1 $1,000 $1,300 $1,500 ...
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What is the probability that the average height of a random sample of 49 ten-year-old boys is greater than 57.5 inches? Assume the mean is 56 inches and the standard deviation is 2 inches.
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Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted average method to account for units and costs. Its work in process T-account for the Mixing Department for Jun...
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In a repeated-measures study using a within-subjects design, participants take a test before and after they receive the treatment. The before score minus the after score is the sample in this experiment. If the goal is to show that the treatment increases scores, which set of sample characteristics is more likely to le...
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Which of the following statements is correct? A. In a complete market, all securities may be held. B. In a complete market, each person's portfolio should include some of each of the market states. C. In a complete market, all securities are held by each of the participants. D. A and B E. A and C
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South Penn Trucking is financing a new truck with a loan of $10,000 to be repaid in 5 annual end-of-year installments of $2,504.56. What annual interest rate is the company paying?
8%
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As output increases, what happens to the real wage? a. increases b. stays the same c. decreases d. changes by more than the change in price level e. changes by less than the change in price level
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The Hennessy Company is considering an investment in one of two mutually exclusive projects. Project A will return $8,000 annually for five years and has a $2,000 initial cost and $1,000 salvage value. Project B will return $5,000 annually for five years and has a $2,500 initial cost and $500 salvage value. The discoun...
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As output expands beyond the break-even point, the vertical distance between the AVC and ATC will: a. remain constant. b. get smaller. c. get larger.
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A blood bank requires that fresh blood donations be frozen within 4 hours of being collected. Their phlebotomists are paid $20 an hour to work for 9 hours a day. They have 35 phlebotomists, and they are open 7 days a week. The average time to collect and freeze blood is 2 hours. Each phlebotomist is paid a $120 "donati...
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NikkiG's Corporation's 10-year bonds are currently yielding a return of 6.75%. The expected inflation premium is 1.15% annually, and the real risk-free rate is expected to be 2.50% annually over the next ten years. The liquidity risk premium on NikkiG's bonds is 0.25%. The maturity risk premium is 0.10% on 4-year secur...
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A news magazine offers students a discount on the regular subscription rate. The total number of subscriptions is optimal, and, at the current prices, the marginal revenue from the last subscription sold to a student is $6, while the marginal revenue from the last subscription sold to a regular customer is $10. In orde...
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Molaris Corporation manufactures a variety of products. Variable costing net operating income would increase by $26,000 if: a. production and sales both decreased by 1,000 units during the period. b. production remained unchanged and sales decreased by 1,000 units during the period. c. production increased by 1,000 ...
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When total product increases at an increasing rate, the firm employs: a. teamwork. b. specialization. c. Both A and B. d. Neither A nor B.
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In connection with its current assets, a company has the following information: Net accounts receivable - $48,000 Historically uncollectible accounts - $1,200 Customer warranty claims - $800 An allowance for doubtful accounts prior to the adjustment is credited for $1,500. What is the amount of net accounts receiva...
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A firm is considering two alternatives that have no salvage value, shown in the table below: A B Initial Cost $10,700 $5,500 Uniform Annual Benefits 2,100 1,800 Useful Life (in Years) 8 4 Assume that at the end of four years, an...
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Currently, the one-year Treasury bill rate is 6%. Last year, the nominal risk-free rate was 5.5% and the inflation rate was 2.8%. Assume the expectations theory is correct. If the real risk-free rate remains constant, the nominal rate of interest on one-year T-bills is expected to be 7.68% next year. How big was the av...
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The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLISBERGER COMPANY Comparative Balance Sheets December 31 Assets20172016 Cash$81,000$45,000 Accounts receivable$41,000$62,000 Inventory$151,450$142,000 Prepaid expenses$15,280$21,000 Land$105,000$130,000 Buildi...
$113,000
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What is the sample size you would need to estimate p with a margin of error of 0.08 with 95% confidence? Use 0.4 from the first sample as an approximation of p.
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A random sample of 50 students from the first group in a Psychology class were asked their opinions about the number of questionnaires they expected to receive as homework for the week. The results were an average of 8 with a standard deviation of 2. A random sample of 60 students from the second group in the same clas...
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Find the radius of convergence of the series {eq}\sum_{n=1}^{\infty} \frac{5^n}{n^8}x^n {/eq}
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Consider $a_n=\dfrac{1}{n}$ for all $n\in \mathbb N$ and $$f(x)=\sum_{n=0}^\infty\dfrac{a_n}{1+n^2}x^n$$ for $x\in(-1,1)$. Evaluate $$\lim_{n\to \infty} \dfrac{1}{n}\int_0^1 f^{(n)}(x)dx$$ where $f^{(n)}$ is the $n$-th derivative of $f$.
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The Fed could make capital controls more effective against capital flight by doing all of the following except: a. Banning all foreign borrowing b. Requiring all foreign borrowing to be repaid in dollars c. Requiring that investment income be remitted to the United States before funds can be repatriated d. Requirin...
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You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 12%. The current risk- free rate is 5.25%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 0.75, what will be the required return on your $5.5 million portfolios?
11.75%
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Listed below are the annual home rents (in thousands of dollars) for a sample of nine apartment complexes in Upstate New York during a recent year. Compute the mean, median, and mode. Rent (in $ thousands) Rent (in $ thousands) Rent (in $ thousands) 1570 1530 1590 1600 1550 1630 1700 1620 1650
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Brenda's utility function for regular flavored toothpaste (R) and mint flavored toothpaste (M) is given by U=2R+4M. Which of the following statements is true? A. Brenda's indifference curves are vertical B. The MRSMR = R/2M C. Brenda is willing to give up two tubes of regular flavored toothpaste for one tube of mint...
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Compute the fourth root of -256. (Hint: Assume there's a complex number $a+bi$ such that $(a+bi)^4=-256$. Compute the square of both sides, simplify, and then separate into real and imaginary components. Since the original equation had only real numbers on one side, this means $b=0$, so $a^4=-256$.)
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Find the probability that x = 25 for a binomial random variable based on n = 100 trials with a success probability of p = 0.25 on each trial.
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Solve the recurrence T(n)=T(n/2)+n using induction.
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Sleeter Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: a. Budgeted unit sales for April, May, June, and July are 7,500, 11,900, 10,800, and 14,800 units, respectively. All sales are on credit. b. The ending finished goo...
B
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Holms Company estimated its overhead costs would be $18,000 and its overhead would be applied to production based on 2,400 direct labor hours. During the month of December, Holms worked 2,000 hours at $15 per hour and incurred $11,000 of actual overhead. What was Holms Company's over/underapplied overhead for the month...
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Cliff Corporation manufactures titanium and aluminum tennis racquets. Cliff's total overhead costs consist of assembly costs and inspection costs. The following information is available: Cost Titanium Aluminum Total Cost Assembly 500 mach. hours 500 mach. hours ...
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Rising star Corporation currently has 136,000 shares outstanding of $2 par value common stock. The stock was originally issued for $17 per share. On March 15, the board of directors declares an 11% stock dividend when the stock is selling for $24 per share. Which of the following is the correct journal entry to record...
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Fly Away, Inc., has balance sheet equity of $5.6 million. At the same time, the income statement shows net income of $771,400. The company paid dividends of $429,060 and has 124,000 shares of stock outstanding. If the benchmark PE ratio is 14, what is the target stock price in one year?
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The fixed manufacturing overhead variance is $30,000 {eq}U {/eq}, the fixed manufacturing overhead rate is $25 per machine hour, and 25,000 machine hours were worked. How much was the actual fixed overhead?
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An increase in taxes (when Ricardian equivalence doesn't hold) causes national savings to _____. As a result, the _____ curve will shift to the left. A. rise; IS B. fall; LM C. rise; LM D. fall; IS
D
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For the given probability density function (PDF) f(x) = 4x^3, 0 \leq x \leq 1, determine the mean of the random variable X.
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Cribb Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 18,000 hours and the total estimated manufacturing overhead was $378,000. At the end of the year, actual direct labor hours for the year were 17,400 hours and the actual manu...
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The founder of which CPA firm was the first well-known auditor to address fraud a. Arthur Andersen b. Deloitte and Touche c. KPMG d. PriceWaterhouseCoopers
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You are considering an investment in Justus Inc's stock, which is not traded in any organized exchange. The beta of Justus Inc. stock with respect to the market portfolio is 0.70. The risk-free rate is 5.60%, and the expected market risk premium is 10.00%. Based on the CAPM, determine the expected return of Justus Inc...
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One year ago, Jill purchased 2,000 shares of DW stock for $35,700. Today, she sold them for $44,800. What is her total return on this investment? a. 9.4% b. 13.8% c. 27.6% d. 31.2% e. 39.0%
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To which of the following matters would materiality limits not apply in obtaining written management representations? a) The availability of minutes of stockholders' and directors' meetings. b) Losses from purchase commitments at prices in excess of market value. c) The disclosure of compensating balance arrangement...
a
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The expected return for a stock to be 18%, and the standard deviation is 24%. What is the smallest expected return for the stock in the coming year with a probability of 2.5%?
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Felicity's Food Truck, with annual revenue of $775,000 and expenses of $580,000, made a profit of $185,000 during the year. Of this amount, $100,000 was tax-deductible. If the owner decided to open a brewery instead of running a food truck, she would incur an additional annual tax expense of $80,000 and additional annu...
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Find the value of {eq}c{/eq} that satisfies the Mean Value Theorem for Integrals for the function {eq}f(x) = 4(3x - 6)^{3}{/eq} on the interval {eq}[0,5]{/eq}.
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Dividends paid will: a) decrease retained earnings and stockholders' equity by the same amount. b) decrease retained earnings and assets by the same amount. c) decrease assets and stockholders' equity by the same amount. d) decrease stockholders' equity but not affect assets.
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When evaluating a firm's financial statements, what would a higher inventory turnover ratio generally indicate, all else equal? a. lower current assets b. lower financial risk c. lower days sales in inventory d. higher gross profit margin
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When does the VB.NET programming environment start to operate? A. once a VB.NET project is compiled B. once a VB.NET project is created in the Microsoft Visual Studio environment C. once a VB.NET project is debugged D. once a VB.NET project folder is opened E. All of the above are correct
B
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What is the longest wavelength of light that can be absorbed by a particle in a rigid box of length 2.0 nm?
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A one-year Treasury bill has a nominal rate of 2.25%, while a same-maturity corporate bond has a nominal rate of 4.05%. What is the yield to maturity on the corporate bond, given that the yield to maturity on the Treasury bill is 1.85%?
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The future worth in year 5 of $2000 in year 1 and $2000 in year 2 at an interest rate of 8% per year compounded continuously is closest to: a. $5114 b. $5218 c. $5292 d. $5395
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In 1998, during the reporting period in which Verizon recognized $535 million of bad debt expense, how much revenue from customers' prepayments was included in Verizon's operating income?
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The market demand curve is derived by A. subtracting the individual demand curves of all consumers in the market B. horizontally summing the individual demand curves of all consumers in the market C. vertically summing the individual demand curves of all consumers in the market D. adding up all of the individual de...
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Brownley Company has two service departments and two operating (production) departments. The Payroll Department services all three of the other departments in proportion to the number of employees in each. The Maintenance Department costs are allocated to the two operating departments in proportion to the floor space u...
D
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What is the conversion factor from the periodic interest rate to the APR? A. number of payments per year - 1 B. number of payments per year C. number of payments per year + 1 D. number of payments per year times the period interest rate
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Which of the following factors would influence the choice of an estimator, given the scenario where one is trying to estimate the number of people who will attend a university course based on a survey of 25 students and 50 emails to alumni? A. A desire to be conservative in projecting the number of seats needed to ens...
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Suppose the risk-free rate is 6%, and the expected market return is 12%. Justine, Inc. stock is expected to return 15% if the market rises by 12%, and 5% if the market falls by 12%. What is Justine's beta? (Round your answer to two decimal places.)
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Newage Company is considering a new project that will have an after-tax net income of $26,000 per year. The estimated annual depreciation for this new project is $11,000 and the firm's tax rate is 35 percent. What is the annual net cash flow for this project? a. $24,950 b. $27,150 c. $32,750 d. $38,500
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3. Bob purchases a call option with an exercise price of $50 for $4. At the time of the option's expiration, the price of the underlying stock is $55.45. The profit on Bob's position is: A. $4 B. $10.45 C. $5 D. -$10.45
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The current ex ante real interest rate equals a. the current nominal interest rate minus the current inflation rate. b. the past nominal interest minus the current inflation rate. c. the current nominal interest rate minus the expected inflation rate. d. The expected nominal interest rate minus the current inflatio...
c
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We are given the following information for the Coleman Machine Tools Corporation: Sales (credit)$7,200,000 Cash$300,000 Inventory$2,150,000 Current liabilities$1,400,000 Asset turnover1.20 times Current ratio2.50 times Debt-to-assets ratio40% Receivables turnover8 times Current assets are composed of cash, marketable...
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New common stock sold for $30 per share. The stock is selling for $50 per share today and has experienced a constant growth rate of 5.50% per year. The $3.00 flotation cost was associated with the issue of the stock. What is the cost of equity from retained earnings? A) 11.67% B) 13.85% C) 14.29% D) 16.18%
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A company purchased 3,000 shares of its own $10 par value common stock at $60 per share on August 31, 2017. The entry to record this transaction would include a debit to the: a. Retained Earnings account for $24,000. b. Treasury Stock account for $180,000. c. Paid-In Capital from Treasury Stock account for $180,000....
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Which of the following statements is correct? A. The Treasury bills that are purchased by the Fed are not part of our national debt. B. The national debt is equal to the dollar amount of outstanding Treasury bills and bonds. C. The Treasury must sell bills in the amount of the deficit and hence enters on the demand ...
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How many electrons can be described by the quantum numbers n = 3, l = 3, ml = 1?
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Keshena Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operation. DRCR a) Cash$270,000 Common stock $25 par value $245,000 Paid-in capital excess par value, common stock $25,000 b) Org...
684,600
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The general ledger of the ABC Corporation included the following account balances at year-end: Wages Payable $4,000; Building $100,000; Discount on Bonds Payable $10,000; Unearned Revenue $20,000; Accumulated Depreciation-Equipment $5,000; Interest Receivable $15,000; and Preferred Stock $100,000. What amount should be...
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A 95% confidence interval for the mean of a population is to be constructed and must be as narrow as possible. Which of the following choices would achieve this goal? A) high standard deviation, small sample size, alpha = .05 B) low standard deviation, small sample size, alpha = .05 C) low standard deviation, small ...
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Calculate the free cash flow for the firm with a net income of $97,000, depreciation expense of $30,000, and the following changes in working capital: Accounts Receivable $2000 increase Inventories $4000 increase Accounts Payable $3000 decrease
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The allowance account had a beginning balance of $3,200. During the year, adjustments for estimated uncollectible accounts included a debit to Bad Debt Expense for $1,600 and a credit to Allowance for Doubtful Accounts for $1,200. The account had a remaining balance of $2,800 at year-end. How much were sales for the y...
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Sperazza Co. has the opportunity to purchase an annuity that pays out quarterly. The first quarterly payment will be received in one quarter and will be $5,000. Subsequent quarterly payments will be $500 larger than the former payment. The last payment will be received at the end of 10 years. At an interest rate of 8% ...
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Fiscal policy is most effective in increasing income, Y, when A. money demand, L, is very sensitive to interest rate, i, and the LM curve is flat. B. the marginal propensity to consume is equal to the marginal propensity to import. C. Alan Greenspan wears a blue suit. D. the interest rate is equal to 1. E. the IS-...
A
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State University currently sells tickets for $200 per seat for all of its home basketball games. State has an average attendance of 25,000. In order to raise revenue, State University decides to increase the price of each ticket. However, State expects a 5,000 drop in the number of seats sold as a result of raising tic...
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Find the maximum value of ƒ(x, y) = 1 - (x - 1)2 - (y + 1)2 over the square 0 ? x ? 2, 0 ? y ? 2, using the Lagrange method with the constraint g(x, y) = x + y - 2 = 0. Show that the maximum is not attained on the boundary.
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Which of the following is true of muscular power? a). It is maximal at approximately {eq}\dfrac 23 {/eq} maximal isometric force production. b) It is maximal at maximal velocity. C). It is maximal at minimum velocity. D). It is maximal during slow eccentric muscle action. E). It is maximal at about {eq}\dfrac 13 ...
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How is full-employment defined by economists? A. the unemployment rate is equal to zero B. frictional unemployment is equal to zero C. natural unemployment is equal to zero D. unemployment is the minimum the government allows
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Given the tax multiplier is {eq}\displaystyle -1.75 {/eq} and the government increases spending by {eq}\$300 {/eq} billion, what will be the effect on the economy?
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Charging higher premiums to women of child bearing age than to men of the same age is an example of price discrimination. A. True B. False
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1. A stock has a beta of 1.15, the expected return on the market is 10.5%, and the risk-free rate is 4.2%. What must the expected return on this stock be? (Enter answer in percents rounded off to two decimal points)
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