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Verify the divergence theorem for the vector function {eq}\vec{F} = (4x^{3} + y^{3} + z^{3}) {/eq} over the region in the first octant bounded by the planes y = x, z = x and x = 3.
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In the Mundell-Fleming model with fixed exchange rates, the imposition of trade restrictions results in an increase in net exports because: A. investment decreases. B. saving decreases. C. saving increases. D. investment increases.
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Calculate the energy of attraction between a cation with a valence of +1 and an anion with a valence of -2, the centers of which are separated by a distance of 1.5 nm.
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Calculate the change in entropy that occurs in the system when 80.0 g of ice at {eq}-10.0 {/eq} {eq}^o {/eq}C is heated to 110.0 {eq}^o {/eq}C. (Specific heat capacity of ice = 2.09 J/g K)
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Which one of the following activities best fits the definition of a presenteeism cost? A. Paying for a security guard to protect company property at night B. Paying a customer for a damaged product C. Paying an employee for an illness missed while on vacation D. Paying an employee to come to work while being sick
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Suppose a standard equation for a firm's demand curve is: p = 1000 - 15Q Where p is price per unit, and Q is quantity. Suppose further that the marginal cost of production is 100, and the total fixed costs is 150. Determine the profit-maximizing price level. a. $600.00 b. $560.00 c. $780.00 d. $822.22
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If the market price is below the equilibrium price, then which of the following is true? A. Demand exceeds supply. B. Quantity supplied exceeds quantity demanded. C. A disequilibrium exists and the market price will rise. D. A shortage exists.
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At 25°C, for the {eq}2A(aq) \rightarrow B(aq) + C(aq) {/eq} reaction, the equilibrium constant is 1.80. If the concentration of B(aq) was 0.317 M and the concentration of C(aq) was 0.462 M, what would be the minimum concentration of A(aq) necessary in order (in mol/L) to make this reaction spontaneous under these con...
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Doolittle Corporation is considering whether to make or buy its own part, 157. The company currently has the capacity to produce 59,000 units of 157 per month. Costs to produce the part are provided below. Fixed cost: Direct materials $90,000 Fixed cost: Direct labor 37,000 Fixed manufacturing overhead 52,000 Var...
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Company bought a machine on January 1, 2017 for {eq}\$256,400 {/eq}. The machine had an expected life of {eq}15 {/eq} years and was expected to have a salvage value of {eq}\$6,400 {/eq}. On July 1, 2022, the company reviewed the potential of the machine and determined that its future net cash flows totaled {eq}\$18,...
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A system undergoes a two-step process. In step 1, it expands adiabatically from {eq}1.00\ L {/eq} to {eq}2.56\ L {/eq} at {eq}1.00\ atm {/eq} external pressure. In step 2, it releases {eq}73\ J {/eq} of heat as it returns to the original internal energy. Find the final volume of the system. Express your answer in l...
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Suppose that n! = (n + 1)! and n# = n! - n. Find the value of 9#.
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Consider the monopoly pricing problem. The demand function is given by {eq}P = 40 - Q {/eq}. The monopolist's costs are given by {eq}C(Q) = 100 + \frac{1}{2}Q^{2} {/eq}. For this problem, answer in the format {eq}P=? {/eq}, where ? is a number. The monopolist's optimal price to charge is _____.
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If the magnitude of the electric field at the surface of an isolated solid spherical conducting ball is 0.1 V/m and the electric potential is 899 Volts, what is the capacitance C of the ball?
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V is a volume of a cube whose diagonal is 5 cm. A is the area of the total surface of the cube. B = V / A Find the value of 8 / B in cm
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Which of the following is the correct interpretation of the expression {eq}\lim_{x \to \infty} \left(1 + \dfrac{r}{x}\right)^x? {eq} Select the correct answer below and, if necessary, fill in the answer box to complete your choice. A. As x increases without bound, the value of {eq}\left(1 + \dfrac{r}{x}\right)^x{/eq...
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Alpha company received the following bank statement: Date Description Check Number Amount Deposits 1 Balance $10,000.00 3 5 6 $750.00.00 212 12 $500.00.00 13 15 314 16 $3,300.00.00 20 Balance $9,400.00 25 The cash records for Alpha show the following: Date Check Number Descripti...
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Which of the following is NOT an essential feature of an annuity with growth? A. The first payment occurs at the end of the first period.B. The growth rate has to be higher than the discount rate.C. The payments grow at a constant rate across all periods.D. The payments stop at a certain point in time in the future.
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Using the concept of steady-state error, compute the error for a step input with magnitude A to the system in the question 2, where the transfer function is given by {eq}\frac{C(s)}{R(s)} = \frac{10}{s^2 + 2s + 10} {/eq}
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Winkle, Inc. uses a standard cost system and has established the following standards for one unit of product: Direct materials: 2 pounds at $6 per pound = $12 Direct labor: 1 hour at $10 per hour = $10 During June, Winkle recorded the following activity: - Production of finished goods: 20,000 units - Direct materi...
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Safford Corporation, a calendar-year, cash-method corporation, has negative E&P of $460,000 for 20X1 and positive E&P of $680,000 for 20X2. Its income from operations for 20X2 is $600,000 and its expenses from operations are $340,000. During 20X2 it distributed cash of $340,000 to its sole shareholder, a corporate part...
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4.Benton Metals has a \$4,000,000 bond issue outstanding, maturing in 15 years. The bond is selling for \$975,000. The bond interest is paid annually and rates are 9% annually. If the bond's annual interest payments are tax deductible, what is the firm's before-tax cost of debt if its tax rate is 30%? a) 11.3% b) 10....
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Compute the orthogonal projection of w onto the column space of A, where A = \begin{pmatrix} 1 & 1 & 1 \\ 1 & 2 & 1 \\ 2 & 1 & 1 \end{pmatrix} and w = \begin{pmatrix} 0 \\ 4 \\ 2 \end{pmatrix}.
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The minimum inhibitory concentration or MIC is: a. is a reflection of the potency of the antibiotic. b. is routinely measured by laboratories to establish utility in patient care. c. is used to determine which antibiotic will work best prior to starting therapy. d. the higher the MIC the more potent the antibiotic ...
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Two ice cream trucks A & B are playing a simultaneous pricing game. If one of them prices low, he gets all the customers, a payoff of 12, while other gets zero. If both price high they each get a payoff of 6 and if both price low, they get a payoff of 5. What is the Nash equilibrium of this game? a. Vendor A prices h...
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Find the area of the region inside the curve r=2+sin 2θ and outside the curve r=3.
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Interest rate is 15% annually. After a loan is made, 15% must be added before a payment is accepted. How much must be added to a $1,000 loan before a payment is accepted?
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What is #f'(e)# given #f(e) = int 1/(x+y)dy# from #2# to #1#?
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If Wilkinson, Inc., has an equity multiplier of 1.77, a total asset turnover of 1.7, and a profit margin of 5.6 percent, what is its ROE? Do not round intermediate calculations and enter the answer as a percent rounded to 2 decimal places. ROE _____%
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Which statement is true? a. Absorption costing may create higher profits when production exceeds sales. b. Absorption costing may create lower profits when production exceeds sales. c. Variable costing may create higher profits when production exceeds sales. d. Variable costing may create lower profits when product...
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The annual net income of a company for the past 5 years is $66,000, $69,000, $76,000, $85,000, and $83,000. What is the mean annual income?
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The stock of a company is currently trading for $125 per share. A 4% stock dividend would be equivalent to the company paying a cash dividend of a. $3.00 b. $3.50 c. $4.00 d. $5.00
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Estimate the change in the values of the function {eq}f(x, y) = x^3 - xy^2{/eq} from {eq}P{/eq} to {eq}Q{/eq} using a total differential, where {eq}P(2, 3), \ Q(2.5, 3.2){/eq}. Round the answer to two decimal places.
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Equipment: The cost driver for equipment could be capacity of the equipment, such as machine hours, or the level of production of the final product. a. True b. False
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Find an equation of the plane tangent to the sphere {(x-1)^2+y^2+(z+2)^2=8} at the point P(3,2,-2) on the sphere.
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Find the formula for the right endpoints when partitioning the interval [6,7] into n subintervals of equal length.
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Highgrove? Industries, Inc.'s free cash flow to the firm? (FCFF) was ?$18 million in its most recent fiscal year that just ended. The? company's FCFF is expected to grow steadily at 3% per year in perpetuity. The? company's weighted average cost of capital is 6%. The market value of the? company's debt equals 25% of it...
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A rigid insulated box contains 0.2 kg of air at 1 MPa and 500K. A paddle wheel stirs the air, transferring shaft work at the rate of 0.1 kW. A internal electrical resistance heater stirs the air, transferring electricity at the rate of 0.01kW. Assuming the final temperature in the box is 600K, determine the final press...
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Renaissance Corporation's controller has collected the following information: Actual Total Variable overhead $120,000 Standard Variable overhead rate $3 per DLH Standard DLH for units produced 20,000 Actual DLH 22,000 Variable overhead efficiency variance $18,000 F The standard variable overhead rate is based on 10,0...
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The 8% coupon bonds of the Coleman Manufacturing Company have a par value of $1,000 and a market price of $875. Interest is paid annually, and the bond matures in 15 years. What is the yield to maturity for the bonds?
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Auburn, Inc., has sales of $7,650, costs of $3,750, depreciation of $800, and interest expense of $710. If the tax rate is 40 percent, what is the operating cash flow, or OCF?
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Set up and evaluate {eq}\displaystyle \iint_{D} (x - y) \, dA{/eq}, where {eq}D{/eq} is the parallelogram enclosed by the lines {eq}x - y = 0{/eq}, {eq}x - y = 3{/eq}, {eq}2x + y = 2{/eq}, and {eq}2x + y = 6{/eq}.
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Accounting for convertible debt is both a theoretical and practical problem in accounting. Is it a debt instrument, an equity instrument, or both? Under the accounting standard APB Opinion 14 the amount of the conversion feature of convertible debt should be shown as: A. a liability B. equity C. a special item betwe...
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Diluted EPS for 2013 was: a. $1.15 b. $1.47 c. $1.13 d. $1.31
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Management oversight is also called: a. segregation of duties. b. checks and balances. c. dual control. d. all of the above.
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If you are making monthly payments of $213.13 on a mortgage with a 15% interest rate compounded semi-annually, how long will it take to pay off a mortgage of $100,000?
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Las Vegas Company is budgeting for its salespeople. Each salesperson has a budgeted salary of $45,000. The company has determined that 12% of sales are in account receivable. Budgeted sales for the month of April are $330,000. Account receivable had a $30,000 balance on April 1 and a $45,000 balance on April 30. If all...
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Why is the current always in phase with the voltage in a purely capacitive or inductive circuit?
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Assume that the price level is fixed and that the LM curve is vertical. If the money supply increases by $20 million but the quantity of output does not change, which of the following will happen? A. The interest rate will rise B. The interest rate will stay the same C. Investment spending will decrease D. Consumpt...
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A major difference between connectionism (neural networks) and good old fashioned AI (GOFAI) is that GOFAI systems _____ and neural networks _____. a. process information simultaneously; process information one sequence at a time b. process patterns of excitation and inhibition; processes information according to rul...
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Waco Printing Company specializes in printing banners on a high-quality, nylon material that can withstand extreme temperatures. The company pays sales personnel a small base salary plus a large commission on each banner sold to encourage a large sales volume. The following is a summary of the revenue and cost data: ...
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A project costs $25,000 and is expected to produce cash flows of $5,000 in year 1, $9,000 in year 2, $10,000 in year 3, and $6,000 in year 4. If the cost of capital is 12%, determine the internal rate of return (IRR) for the project.
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The net asset value of an investment company is $32 per share. Janna Williams, CFA, purchases 400 shares at net asset value and sells the fund after one year for $34.50 per share. During that year, she receives $1.60 per share in dividends and a $0.55 per share capital gain distribution. What is her approximate pre-tax...
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The statement of cash flows for the year ended 12-31-11 reports net income of $100,000. Accounts receivable increased by $25,000 and accounts payable increased by $30,000 over 2011 compared with 2010. The cash flows from operating activities for 2011 are: A. $100,000. B. $75,000. C. $125,000. D. $130,000.
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Assume that the interest rate on a 1-year T-Bill in the U.S. is 2% and that the spot rate of the euro is $1.50/euro. The 1-year forward rate of the euro is $1.48/euro. Based on interest rate parity, what must one-year interest rate be in Germany?
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You buy a new piece of equipment for $5,957, and you receive a cash inflow of $1,000 per year for 10 years. What is the internal rate of return (IRR)? 7% 5% 3% 9% 6%
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The Yoda Canteen is considering a project with an initial cost of $14,900. What is the internal rate of return if the project is expected to produce cash inflows of $3,410 in year 1, $4,970 in year 2, $1,860 in year 3, and $500 in year 4? a. 5.85% b. 4.89% c. 22.38% d. 7.24% e. 14.57%
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The research approach that examines the association between accounting data reported in annual financial statements and the levels of stock prices is called: A) Cross-sectional valuation B) Investor survey analysis C) Accounting information usefulness research D) Time series analysis
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Cicely makes 10 free throws in 1 minute, each with a 0.50 probability of making the shot. Sylvia makes 10 free throws in 1 minute, each with a probability of {eq}0.70{/eq} of making the shot. Let C and S denote the number of free throws made by Cicely and Sylvia respectively. Assume that these random variables are inde...
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The following information is for Rick's Department Store, for the month of September. Cost Retail Beginning inventory $72,000$114,000 Purchases$200,000$400,000 Freight-in$14,000 Markups $8,000 Markups (cancelled) $4,000 Sales $380,000 The company uses the average cost retail method. Assume that ending inventory ...
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The ground state (i.e. n = 1) energy of the hydrogen atom is -13.6 eV. What is the smallest amount of energy (in eV) that an electron in the hydrogen atom must have?
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Stock A and stock B have the following data: - Stock A's stock has a beta of 1.30, and its 5-year return standard deviation is 25%. - Stock B's stock has a beta of 0.80, and its 5-year return standard deviation is 25%. Based on the CAPM, which of the following statements is correct? a. These two stocks are in equil...
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Which of the following statements concerning the periodic table is FALSE? A) The periodic table provides a framework that allows us to classify all elements and understand periodic relationships among them. B) The periodic table provides a framework that allows us to classify all elements by their size. C) The perio...
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The probability that a patient recovers from a delicate heart surgery is 0.9. What is the probability that exactly 5 of the next 7 patients having this surgery recover?
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I am trying to show that the solution to the equation $ \frac{dV}{dt} = \alpha V (1-V) - \delta $, with $ \alpha, \delta > 0 $ is bounded above by $ \frac{\delta}{\alpha} $. I have shown that $ \frac{dV}{dt} = \frac{d}{dt} \ln(\frac{V}{1-V}) = \frac{1}{1-V} \frac{dV}{dt} = \alpha(\frac{V}{1-V} - \frac{\delta}{\alpha}) ...
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Find the indicated probability, and determine whether the given sample mean would be considered unusual. For a sample of n = 36, find the probability of a sample mean being less than 12,750 or greater than 12,753 when the mean = 12,750 and the standard deviation = 1.3.
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You work in the risk management division of the C.D. Howe Institute, the policy research and advocacy center in Ottawa, Ontario. You are modeling the loss distribution of a portfolio of bonds that your organization is about to issue. Your boss, Pat Hamill, has asked you to model the loss distribution of a $100 million ...
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In a(n) _____ market, a _____ demand curve means that each firm in the market has _____ market power. A. monopolistically competitive; downward sloping; some B. perfectly competitive; horizontal; little or no C. perfectly competitive; downward sloping; more D. oligopoly; downward sloping; less
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Based on the following information, what would be the ending balance in the Retained Earnings account assuming all accounts have a normal balance? Cash$6,764Dividends$2,100 Accounts receivable$13,833Consulting fees earned$13,818 Office supplies$2,635Rent expense$3,683 Land$37,253Salaries expense$6,652 Office equipmen...
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Select the correct option to complete the sentence. When in stage _____ of internationalization, HRM practices should facilitate exporting the firm's products through incentives, training, and staffing strategies that focus on the needs of international customers. A) 1 B) 2 C) 3 D) 4 E) 5
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The total cost of a job is equal to direct materials plus: a. prime cost. b. overhead cost. c. manufacturing cost. d. direct labor cost. e. period cost.
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Monopolistic firms maximize profits by producing the quantity at which marginal revenue equals marginal cost. When this is true, firms can be producing at a. The minimum average total cost. b. The minimum average fixed cost. c. The minimum average variable cost. d. Less than the minimum average total cost, and they...
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What is the best method for approximating the solution(s) to the equation #tan(2x)=x#?
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A rectangular solid made of iron is 1.6 cm wide, 6.0 cm long, and 3.0 cm high. If the length of this solid is increased by 5 cm when a force is applied, calculate the pressure exerted. The bulk modulus of iron is 90 x 109 N/m2. Answer in Pa.
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If a good has many substitute goods, then if the price of the good rises, its _____. A) demand is likely to fall, and consumers will buy less of it. B) demand is likely to rise, and consumers will buy more of it. C) supply is likely to fall, and consumers will buy less of it. D) supply is likely to rise, and consum...
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The Can Division of Marigold Corp. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and unit fixed costs are $0.24 and $0.06, respectively. The Packaging Division wants to purchase 50,000 cans at $0.30 a can. Selling internally will save $0.03 a can. Assuming the Can Division has in...
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Suppose that you buy a 6% coupon bond with a $10,000 face value for $9,200. If the market's required yield to maturity on a comparable-risk bond is 7%, what is the rate of return on your investment? a. 2.1% b. 4.6% c. 6% d. 7% e. 10.7%
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If the cross-price elasticity of demand for product A with respect to the price of product B is 2.8, then it follows that: A. A and B are complements. B. A and B are substitutes. C. An increase in the price of A will decrease the demand for B. D. A 1 percent increase in the price of A will decrease the demand for B...
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Which of the following statements regarding the dividends and/or the dividends received deduction (DRD) is true? A. Dividends are taxed at preferential rates for corporations as well as for individuals. B. The DRD can increase the net operating loss of a corporation. C. Corporations are allowed to deduct from a di...
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A company wants to raise {eq}\$1,000,000 {/eq} through a capital lease. The company can borrow funds at 9% per annum (360 days). The lease will have a duration of five years. Assume a {eq}\$1,000 {/eq} face value of interest payments and that the final payment will be {eq}\$1,009 {/eq}. Determine the net payment tha...
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You have just received notice that Agnes Fisher, a customer of yours with an Accounts Receivable balance of $200, has gone bankrupt and will not be making any future payments. Assuming you use the allowance method, the journal entry you make is to: a) debit Uncollectible Accounts Expense and credit Accounts Receivable...
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You purchased a zero-coupon bond one year ago for $301.07. The market interest rate is now 7 percent. If the bond had 15 years to maturity when you originally purchased it, what is your total return for the past year? Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
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A project has a forecasted cash flow of $11,500 and a standard deviation of $5,500. The NPV, assuming the forecast is perfect, is $21,300. The risk-adjusted discount rate for the project is 10%. How do you find the NPV of this project using the scenario analysis if the correlation coefficient between the project cash f...
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Find the minimum distance from the surface xy + 9x + z^2 = 79 to the origin.
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Compton is considering a project with cash inflows of $1,690, $1,900, and $1,730 over the next three years, respectively. What is the Internal rate of return on this project if the initial cost is $4,150? A) 7.30 percent B) 8.42 percent C) 10.26 percent D) 11.19 percent E) 12.54 percent
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Sunset Acres reported a net income of $32.8 million. Included in that number were trademark amortization expense of $2.4 million and a gain on the sale of land of $1.2 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $1.5 million, $2.4 million, and $3.4 million, respectively....
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Based on the above graph, when the wage rate increases from $5 to $6, the firm employs 40 more workers. From this information, we can conclude that a) labor is a normal good, b) labor is an inferior good, c) labor and capital are gross complements, d) labor and capital are gross substitutes, e) none of the above a...
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Prehn Corp. experienced the following costs and volume for the month of June: Total direct materials purchased $80,000 Quantity of direct materials used in production 5,000 lbs Actual unit price of direct materials $16 per lb Direct materials quantity variance (unfavorable) $3,000 Direct materials price variance...
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Suppose a firm buys a machine for {eq}\$150,000 {/eq} and rents it for {eq}\$20,000 {/eq} a year. This machine has an expected economic life of {eq}10 {/eq} years. Which of the following will occur in the firm's first year of operation? a) There will be a cash outflow of {eq}\$150,000 {/eq} for the purchase an...
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In the early 1980's, Alan Greenspan, then president of the Federal Reserve, announced that he planned to reduce the monetary growth rate during the coming year. At the time the news was released, the federal funds rate was about 11%, at that time the highest in history. As a result, the federal funds rate: A) rose sha...
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What is the area of the surface obtained by rotating about the x-axis the curve given by {eq}9x=y^2+18{/eq} from {eq}x=2{/eq} to {eq}x=6{/eq}?
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Wildhorse Corporation constructed and manufactured certain assets and incurred the following interest costs in connection with those activities during 2020: (a) Interest paid on research activities $25,000 (b) Interest paid on long-term debts 105,000 (c) Interest received on temporary investments 16,000 (d) Interes...
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Logistics Solutions Inc. reported the following information for 2016: Balance at 12/31/16 $3,800 Net income for 2016 $86,700 Expenses before income taxes for 2016 $187,000 Balance at 12/31/16 $5,100 A flat tax rate of 40 percent applies to all items in the chart of accounts. In its 2016 financial statements, what...
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Machine Tools Inc. leases machinery from Dixie Equipment Co. under a 5-year lease requiring equal annual payments of $50,000 due at the beginning of each year. The leased asset has a fair value of $200,000 and the lease is appropriately accounted for as a capital lease by Machine Tools. The lease includes a bargain pur...
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The following data apply to Southwest Airlines' deferred tax account in 2016 and 2017 (all balances 12/31/x5 are zero): 20162017 Taxable income (Tax basis) $5,000,000$6,500,000 Book income (Accounting basis)6,000,0006,500,000 Temporary difference2,000,0000 Total taxable income$7,000,000$6,500,000 Total book income6...
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Becky's Bakery sells three large muffins for every two small ones. A small muffin sells for $3 with a variable cost of $2. A large muffin sells for $5 with a variable cost of $2.50. Fixed costs are $3,000 per month. How much is the break-even point in terms of sales dollars? a. $15,794 b. $23,558 c. $12,000 d. $7,4...
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Calculate the test statistic and p value for the hypothesis test where the null hypothesis is {eq}H_0: \mu = 10{/eq} and the alternative hypothesis is {eq}H_A: \mu < 10{/eq}. The test is based on a sample of size {eq}n=25{/eq} taken from a normally distributed population with population variance {eq}\sigma^2 = 100{/eq}...
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Valley Farms uses two measures of activity, flights, and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $38,120 per month plus $2,566 per flight plus $13 per passenger. The company expected its activity in April to be 69 flights and 270 passengers,...
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System S' has a velocity u=+0.76c relative to system S. The clocks of S and S' are synchronized at t=t'=0s when the origins 0 and 0' coincide. An event is observed in both systems. The event takes place at x=500m and at time t=5.8{eq}\mu {/eq}s, as measured by an observer in S. In the figure, the time t' of the event,...
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Evaluate $\int_C F \cdot dr$, where $F(x,y) = (e^{x/y} + 2xy)i + (x^2)e^{x/y}j$ and C is the arc of the parabola $x = y^2$ from (4, -2) to (1, 1). (Use parameter $t$ for the variables.)
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