id
string
problem
string
answer
string
answer_type
string
category
string
difficulty
string
eval_score
int64
similar_problems
list
null
The long-run supply curve in a perfectly competitive industry with downward-sloping LRAC curves is _____. A. perfectly inelastic. B. downward sloping. C. upward sloping. D. perfectly elastic. E. negatively sloped at first and then sloped upward.
None
null
null
null
null
null
null
Yolanda is a per capita user of $12 billion. Her maximum willingness to pay (marginal benefit) is $10 billion. The opportunity cost of the Yolanda's next-best alternative use is $8 billion. The market is a competitive market. Yolanda will: a. never be a user in this market. b. only use the good if the price is $8 bil...
None
null
null
null
null
null
null
What is the maximum amount you would pay for an asset that generates an income of $1,000 at the end of each of the three years when the opportunity cost of using funds is 3%?
None
null
null
null
null
null
null
A lab specimen was titrated with NaOH solution and the volume required to reach the equivalence point was found to be 32.7 mL. What is the pKa of the weak acid if the concentration of the NaOH solution is 0.137 M and the pH at the equivalence point is 9.25?
None
null
null
null
null
null
null
Edythe Canning owns a one-third interest in a partnership with Paul and Owen Canning. Edythe contributes none of her own cash or other property to the partnership but contributes the entire value of her distributive share of the partnership's goodwill. The partnership distributes to Edythe its entire distributive share...
None
null
null
null
null
null
null
A company sells 20,000 pairs of jeans a year at an average price of $10. Fixed costs are $60,000 and total variable costs are $120,000. They estimate that a 10% increase in output would not affect fixed cost but would reduce average variable costs by 40 cents. Someone suggests reducing price by 5% to increase sales and...
None
null
null
null
null
null
null
Suppose that you roll a die until a 6 comes up. Then you roll a die again only if the second to last roll is a 6 as well. If the second to last roll is not a 6 then you stop. What is the expected number of times you roll the die?
None
null
null
null
null
null
null
A company has an asset that has a cost of $10,000 and accumulated depreciation of $7,840 at December 31, 2014, before recording depreciation expense for the year. The residual value of the asset is $2,000, the double-declining-balance of method of depreciation is used, and the useful life of the asset is five years. De...
None
null
null
null
null
null
null
A job order cost system would not be suitable for a company that makes: a. motion pictures. b. custom furniture. c. insurance policies. d. real estate for sale. e. computer chips.
None
null
null
null
null
null
null
Ruth's Company produces a chocolate almond bar and a peanut butter bar. Information on the two products for the most recent year appears below: Chocolate almond Peanut butter Selling price per bar $1.00 $0.50 Variable costs per bar $0.75 $0.30 Number of bars sold ...
None
null
null
null
null
null
null
To determine the amount of a product formed in a reaction of a known stoichiometry, one would first calculate the ............., then compare the ............... using the ............... of the balanced equation to see which reactant, if any, is not completely consumed. a. actual yield, final yield, mole-to-mole rati...
None
null
null
null
null
null
null
How many of the first 100 terms of the sequence 12, 35, 72, 123, 188, . . . are multiples of 5?
None
null
null
null
null
null
null
Gene's Textiles wishes to have $400,000 available in 5 years to expand production capacity. The company can invest funds at an 8% interest rate compounded quarterly. How much should be invested today to reach this goal? (Select one): A. $273,138.27 B. $279,179.01 C. $271,607.82 D. $275,666.97
None
null
null
null
null
null
null
Use the following financial information for Bellinger Incorporated to determine the amount of total assets at year-end. Cash used to purchase treasury stock 23,385 Cash generated from operating activities 175,300 Depreciation expense 13,000 Increase in inventory 5,800 Increase in total liabilities 10,800 I...
None
null
null
null
null
null
null
The following information is available: Units in process, Sept. 1 (60% converted) 2,000 units Units in process, Sept. 30 (20% converted) 1,000 units Units started during the month 14,000 units Materials are added at the beginning of the process. How many equiva...
None
null
null
null
null
null
null
Bexley, Inc., a calendar year-end corporation, reported the following income (loss) from continuing operations and the following dividends for the years 2013-2015: YearIncome(2013)$ 60,000 YearIncome(2014) 120,000 YearIncome(2015) 180,000 Dividends paid (2013)24,000 Dividends paid (2014)48,000 Dividends paid (2015) ...
None
null
null
null
null
null
null
You have just completed a $50,000 feasibility study for a new coffee shop in some retail space you own. You bought the space two years ago for $50,000, but if you sold it today, you would net $65,000 after taxes. Outfitting the space for a coffee shop would require a capital expenditure of $15,000 plus an initial inves...
None
null
null
null
null
null
null
Determine the values of {eq}t {/eq} (if any) at which the function {eq}\displaystyle f (x) = x - \frac {x^2}{2} {/eq} has a relative maximum or minimum. Then use a graphing utility to verify your result graphically.
None
null
null
null
null
null
null
A uniformly charged insulating rod of length {eq}9.6 \ cm {/eq} is bent into the shape of a semicircle. If the rod has a total charge of {eq}-6.05 \ muC {/eq}, find the magnitude of the electric field at {eq}O {/eq}, the center of the semicircle.
None
null
null
null
null
null
null
Kathryn, Inc., was organized on January 2, year 1, and began selling a single product for {eq}\$50 {/eq} per unit on January 5. The company experienced the following costs and expenses for the month of January: Cost of goods sold {eq}\$780,000 {/eq} General, selling, and administrative expenses {eq}\$450,000 {/eq}...
None
null
null
null
null
null
null
Given the following probability distribution x 0 1 2 3 P(x) 0.5 0.25 0.125 0.125 Compute {eq}E(x){/eq} and {eq}Var (x){/eq}.
None
null
null
null
null
null
null
Why is {eq}m^{2} {/eq} usually ignored in the equation for the price elasticity of demand? a. It is always ignored because it has no economic meaning. b. It is usually ignored because a one percent increase in price leads to a more than one percent decline in the quantity demanded. c. It is usually ignored because ...
None
null
null
null
null
null
null
Which one of the following is most apt to reduce the effective duration of a bond? A. a decrease in the interest rate of the bond. B. an increase in the coupon rate on the bond. C. an increase in the time to maturity on the bond. D. an increase in the yield to maturity on the bond.
None
null
null
null
null
null
null
How many years will it take to pay off a mortgage of $100,000 with monthly payments of $1,434.71, given a nominal rate of 12.3040%, compounded semi-annually?
None
null
null
null
null
null
null
Our human resources department has prepared a schedule of benefits that claims will be paid next year. This schedule of benefits would most likely be used in preparing which of the following budget? a. cash budget b. purchasing budget c. budgeted income statement d. budgeted balance sheet
None
null
null
null
null
null
null
Sweet Acacia Industries has the following production and cost information for the month of April, 2008. Number of Units Manufacturing Cost per Unit Production $750 $18,000.00 Sales $850 $21,250.00 Sweet Acacia Industries has a beginning inventory o...
None
null
null
null
null
null
null
What is the most efficient method to find the number of ordered pairs $(a,b)\in\mathbb Z\times\mathbb Z$ such that $1\le a,b\le100$ and $79\mid a^3+b^3+2$? How does this problem relate to $Z_3$, and how can I count the elements with order $3$ in $\mathbb Z_{79}$ to apply the CRT?
None
null
null
null
null
null
null
One hundred gallons of a 50% solution of salt in water is prepared. If 40% of the solution is evaporated, what is the concentration (in decimal form) of the resulting salt solution?
None
null
null
null
null
null
null
Suppose the elasticity of demand is -2. What does this mean? A. A {eq}2 {/eq} percent increase in price results in a {eq}1 {/eq} percent increase in quantity demanded. B. A {eq}1 {/eq} percent increase in price results in a {eq}2 {/eq} percent increase in quantity demanded. C. A {eq}2 {/eq} dollar increase in p...
None
null
null
null
null
null
null
Consider the following questions about strategic form games in which each player can choose either strategy X or strategy Y. Let D be the payoff matrix when both players choose strategy X and let I be the payoff matrix when both players choose strategy Y. Which of the following statements is true? Select one: a. If...
None
null
null
null
null
null
null
Which of the following expenses are not deducted from gross income? a. Miscellaneous b. Alimony c. Excess baggage d. Travel and entertainment e. A and D
None
null
null
null
null
null
null
A long, straight wire has a uniform linear charge density of 9.50 10-4 C/m. A point charge q = 15.0 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.
None
null
null
null
null
null
null
Consider the following stream of cash flows: Year Cash flow 0 -2,000 1 4,000 2 6,000 3 8,000 4 -10,000 If the current market rate of interest is 11%, then the future value (FV) of this stream of cash flows ...
None
null
null
null
null
null
null
Assume a model with no foreign sector, no income taxation, and a consumption function defined as C = 500 + (0.85)YD If investment increases by 50, then income will: a. decrease by 200 b. increase by 50 c. increase by 340 d. increase by 200
None
null
null
null
null
null
null
James Company uses the perpetual method and the weighted average inventory method to calculate cost of goods sold. James began 2012 with 12 units of inventory at a cost of $6 per unit. During 2012, the following purchases were made: Jan 8: 24 units at $7 per unit Mar 22: 26 units at $8 per unit June 15: 28 units at ...
None
null
null
null
null
null
null
Woolcrest Corporation had the following sales and production for the past four years: YEAR 1 YEAR 2 YEAR 3 YEAR 4 Production (in units) 5,000 6,000 5,000 5,000 Sales (in units) 4,000 5,000 5,000 7,000 Selling price per unit, vari...
None
null
null
null
null
null
null
According to the price elasticity of demand formula, when the price of a product decreases by 30% and the quantity demanded increases by 35%, the value of the price elasticity of demand (PED) is?
None
null
null
null
null
null
null
To increase cardiac output, the _____ branch of the autonomic nervous system _____ in cells of the sinoatrial (SA) node. a. parasympathetic, increases K{eq}^+ {/eq} permeability b. sympathetic, increases cyclic AMP c. sympathetic, increases Ca{eq}^{2+} {/eq} release from the sarcoplasmic reticulum d. parasympathe...
None
null
null
null
null
null
null
Backflush costing aims at reducing waste in the: A) accounting system. B) cost of goods sold. C) storage of raw materials. D) production process.
None
null
null
null
null
null
null
Sierra Company was organized on January 2, 20xx, and began operations on March 1. Sierra uses the perpetual inventory method and the LIFO inventory cost method. The following information is available for the year ended December 31, 20xx. Merchandise available for sale $400,000 Beginning inventory $70,000 Ending i...
None
null
null
null
null
null
null
A department uses the FIFO method in its process costing system. The data below describe the operations of the department for the month of March. Units Percent Complete Conversion costs Work in process, beginning 40,000 100% $78,000 Units started into production 80,000 100% $450,000 Units completed and transferr...
None
null
null
null
null
null
null
What is the effect of an increase in nominal GDP, at constant prices, in the context of a demand shock? a) Increase in expected profits which leads to an increase in investment. b) An increase in aggregate demand and a decrease in the interest rate. c) A decrease in the demand for money which leads to an increase in...
None
null
null
null
null
null
null
Company N had a total manufacturing cost of $786,000 and a net income of $105,000 for the year. Total fixed manufacturing overhead for the year was $141,000. Using variable costing, the net income would have been $87,000. Assuming no beginning inventories, how many units were in the ending inventory? a. 20,000 units ...
None
null
null
null
null
null
null
Can someone explain the steps involved in solving this problem using L'Hopital's rule? $$\lim_{x\to\infty} \frac{\ln(1+e^x)}{e^x}$$ When I apply L'Hopital's rule, I get: $$\lim_{x\to\infty} \frac{1}{(1+e^x)(e^x)}$$ How do I evaluate this limit as $x$ approaches infinity?
None
null
null
null
null
null
null
A production quota set below the equilibrium quantity creates A. a decrease in supply. B. a decrease in marginal cost. C. a rise in price. D. inefficient underproduction. E. all of the above
None
null
null
null
null
null
null
Hercules Exercise Equipment Co. purchased a computerized measuring device two years ago for $70,000. The equipment falls into the five-year category for MACRS depreciation and can currently be sold for $33,800. A new piece of equipment will cost $240,000. It also falls into the five-year category for MACRS depreciation...
None
null
null
null
null
null
null
On February 1, 2012, Alpha corporation purchased a truck for $58,500. Alpha uses the straight-line method of depreciation, estimating a useful life of five years and an estimated residual value of $6,900. On April 1, 2012, Alpha sold the truck for $50,000. If Alpha recorded the sale at book value, what was the amount ...
None
null
null
null
null
null
null
During April, the Assembly Department of a manufacturing company completed a number of units of a product and transferred them to the subsequent process, the Testing Department. Of the units transferred, 30,000 were in process at the beginning of April and 100,000 were started and completed in April. April's beginning ...
None
null
null
null
null
null
null
Evaluate the triple integral \(\iiint_E z dV\) where \(E\) is the solid bounded by the cylinder \(y^2 + z^2 = 441\) and the planes \(x = 0, y = 3x\) and \(z = 0\) in the first octant.
None
null
null
null
null
null
null
If HRM, Inc., stock is currently selling for $59.84 per share and the company just paid its first annual dividend of $2.66 a share, what is the expected return for this stock if the firm plans to increase its dividend by 4.6 percent per year indefinitely? a. 8.89% b. 7.48% c. 9.74% d. 6.88% e. 8.23%
None
null
null
null
null
null
null
For the polar curve r = 4 - sin(\theta), determine the slope of the tangent line at \theta = \frac{\pi}{3}.
None
null
null
null
null
null
null
Suppose you have $n$ baskets, and $n^2$ balls. You distribute the balls among the baskets, with each ball being equally likely to fall in any of the baskets. What is the expected number of empty baskets?
None
null
null
null
null
null
null
You plan to borrow $10,000 at a 10 percent interest rate for 5 years. How much will you owe at the end of 5 years if interest is compounded annually? (Select one) a. $16,105.10 b. $13,411.66 c. $10,000.00 d. $15,000.00
None
null
null
null
null
null
null
Palmiero Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,488,000 shares of $10 par common stock. At no time has Palmiero issued any potentially dilutive securities. Listed below is a summary of Palmiero's common stock activities. 1. Number of common shares issued and outstanding...
None
null
null
null
null
null
null
Consider a standard 5-year term life policy with a face value of $250,000. Assume that we know the following: i. Males aged 40 are charged a net premium of $12.87 ii. The 5-year (cumulative) mortality probabilities for males ages 40 are as follows: 0.0824, 0.1782, 0.3006, 0.4479 and 0.6087 iii. The net premium reser...
None
null
null
null
null
null
null
Consider a buyer and a seller, each having an independent private value that takes on a single value drawn from a uniform distribution between $0 and $1. The seller's private value is θS , and the buyer's private value is θB . The buyer and seller simultaneously place a bid, B and S respectively. The buyer's utility ...
None
null
null
null
null
null
null
Chastain Corporation reported the following data: 2013 2012 Cash from sales $211,000 $204,000 Cash from repurchase of common stock $132,000 $110,000 Cash from issuance of common stock $150,000 $0 Cash from purchases of equipment $128,000 $0 Cash balance, Dec. 31 $19,000 $0 What was Chastain's cash flow t...
None
null
null
null
null
null
null
Charmagne, a mid-level manager at Propel Marketing Services, dreads December when performance reviews are due. She believes that employees should just do what is expected all year long; logically that makes sense. She tends to base the evaluations on the most recent three months' performance. Her actions impact the ove...
None
null
null
null
null
null
null
The following information is available for Ramos Corporation for the year ended December 31, 2014: Beginning cash balance$57,360 Accounts payable decrease$6,335 Depreciation expense$245,150 Accounts receivable increase$11,132 Inventory increase$14,474 Net income$420,080 Cash received for sale of land at book value$51...
None
null
null
null
null
null
null
On May 17, 1999, you sold short 1,000 shares of Robotics Inc. stock at $11.50 per share. On July 2, 1999, Robotics stock pays a dividend of $1.80 per share. On August 19, 1999, you cover your short position at $12.20. What was your transaction's net profit? A. $700 B. $800 C. $900 D. $1000
None
null
null
null
null
null
null
What is the slope of the tangent line of (xy-y/x)(xy-x/y) =C, where C is an arbitrary constant, at (-2,1)?
None
null
null
null
null
null
null
Find the surface area of the part of the plane 2x + 5y + z = 7 that lies inside the cylinder x^2 + y^2 = 49. Simplify your answer as much as possible.
None
null
null
null
null
null
null
What would be the pH of 10 mL of a 1 M solution of cysteic acid (pKa= 3.12), after the addition of 10 mL of 1 M KOH?
None
null
null
null
null
null
null
The Frost Company grants its employees 50,000 stock options with a market price of $30 per share on January 1, 2015, the grant date of the options. The options have a vesting period of 3 years. At December 31, 2015, the fair value of the options is $6. In its 2015 financial statements, Frost would report compensation e...
None
null
null
null
null
null
null
Compute the average total asset turnover for 20X2 for the X firm using the following information: 20X2 20X1 Total revenues $300,000 $350,000 Total assets $250,000 $175,000
None
null
null
null
null
null
null
What is the error in my calculation of the arc length of the curve $y = (4 - x^{\frac{2}{3}})^{\frac{3}{2}}$ from $x = 1$ to $x = 8$?
None
null
null
null
null
null
null
Calculate the covariance between two stocks, M and N, given the following annual returns for the past three years: Stock M: -12%, 10%, 32%; Stock N: 15%, 6%, 24%. Which of the following is the correct calculation of covariance? a) (-12% + 10% + 32%)/3 * ((15% + 6% + 24%)/3) = 6.80% b) (-12% + 10% + 32%)/3 - ((15% + 6...
None
null
null
null
null
null
null
At the end of its first year of operation, December 31, 2016, MNO Corp., reported the following information. Inventory $ 60,000 Accounts payable 35,000 Cost of goods sold 450,000 Cost of goods manufactured 470,000 How much was MNO's beginning inventory of materials on January 1, 2016?
None
null
null
null
null
null
null
On June 1, 2013, Cifra Corporation purchased for $45,000 a plant asset with an estimated useful life of five years. Cifra uses the straight-line method of depreciation. At the end of 2013, Cifra estimated that the asset would last another 10 years from that date, salvage value being zero. What amount should be the char...
None
null
null
null
null
null
null
Given the sample size and the means of two samples from two normally distributed populations, which statement is correct about testing the claim that the population means are different at the α = 0.05 level? A. The two-sample t-test is a two-tailed test and can be used to test the claim. B. Since we do not know the s...
None
null
null
null
null
null
null
The following data, relating to direct materials costs for November of the current year, are taken from the records of Morgan Inc., a manufacturer of plastic toys: Actual quantity of direct materials used 5,300 lbs. Actual unit price of direct materials $2.75 per lb. Units of finished product manufactured 1,520 units...
None
null
null
null
null
null
null
Which of the following is NOT a discretionary fixed cost? a) The cost of security at a retail store. b) Advertising. c) Equipment depreciation. d) The cost of leasing the president's office in a private residence. e) Inventory at the end of the period.
None
null
null
null
null
null
null
An investor can choose between two alternative investments, A and B, with the return on each investment depends on the state of the economy as follows: State of Economy Probabilities Investment A Investment B Good 0.5 30% 20% Fair 0.4 10% 10...
None
null
null
null
null
null
null
The random variable X follows an exponential distribution with {eq}E(X) = 5. Find P(X = 4.6).
None
null
null
null
null
null
null
Under U.S. GAAP, when an event occurs after the balance sheet date but before the financial statements are issued, and this event provides additional evidence about conditions that existed at the date of the balance sheet, the financial statements should be: a. Restated. b. Revised. c. With notes. d. With a separat...
None
null
null
null
null
null
null
A company has three products with unit contribution margins of $35, $20 and $10. A new process will increase labor costs by 10% and the wages paid to piecework employees will increase by $4 per unit. After the new process is implemented, unit contribution margins for the three products will be: A. $35, $20 and $10 res...
None
null
null
null
null
null
null
You currently own a portfolio valued at $50,000 that has a beta of 1.14. You have another $10,000 to invest and would like to invest it in a manner such that the portfolio beta decreases to 1.10. What does the beta of the new investment have to be? a. 1.13 b. 0.85 c. 0.95 d. 1.03 e. 1.05
None
null
null
null
null
null
null
Which one of the following will cause an increase in cash flow from assets, all else equal? a. decrease in cash flow to stockholders b. increase in cash flow to creditors c. increase in depreciation d. decrease in operating cash flow
None
null
null
null
null
null
null
I have two spheres with radius 5cm each. The distance between their centers is 8cm. Find the volume of their intersection.
None
null
null
null
null
null
null
In a double-slit experiment, the slit separation d is 13.0 times the slit width w. How many bright interference fringes are in the central diffraction envelope?
None
null
null
null
null
null
null
Find the volume of the solid that lies below the sphere {eq}x^2+y^2+z^2=9 {/eq} and above the cone {eq}z=\sqrt3 \sqrt{x^2+y^2} {/eq} by integrating in cylindrical coordinates.
None
null
null
null
null
null
null
Use the following information about Lester Home Security, Inc. to answer the questions: Average selling price per unit $280. Variable cost per unit $167 Units sold 450 Fixed costs $7,500 Interest expense 13,115 Based on the data ...
None
null
null
null
null
null
null
During an experiment a piece of copper of unknown mass undergoes a change of temperature from 50°C to 75°C. If it absorbed 492.8 J of heat during this process, what was the mass of the copper sample?
None
null
null
null
null
null
null
A change in the money supply demand reduces the interest rate by 1 percentage point. If the government increases government spending by $105 million, income will rise by: A) $205 million, as long as the marginal propensity to consume (MPC) is less than 0. B) $105 million, as long as the marginal propensity to consume...
None
null
null
null
null
null
null
You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 36 - 4P C(Q) = 124 - 16Q + Q2 Find the level of output at which marginal revenue equals marginal cost. (Round your answer to the nearest whole number.)
None
null
null
null
null
null
null
Renee, the sole shareholder of Indigo Corporation, sold her stock to Chad on July 1 for $180,000. Renee's stock basis at the beginning of the year was $120,000. Indigo made a $60,000 cash distribution to Renee, immediately before the sale, while Chad received a $120,000 cash distribution from Indigo on November 1. As o...
None
null
null
null
null
null
null
Find the sample size needed to ensure that the 90% confidence interval (CI) for the mean of a population with o = 10 is not wider than 1. (Round up to the nearest whole number.)
None
null
null
null
null
null
null
Heda's, Inc. is considering a new project that they believe will result in additional annual sales of $15,000, additional cash expenses of $9,000, and an additional investment in net working capital of $2,500. The project has a life of three years and the tax rate is 34%. What is the annual operating cash flow of the...
None
null
null
null
null
null
null
Use the Divergence Theorem to compute the net outward flux for the vector field {eq}\mathbf F=(x^2-y^2)\mathbf i + 2xy\mathbf j + xyz\mathbf k{/eq} and region {eq}Q{/eq} bounded by the coordinate plane and the planes {eq}x=y, y=1, x=2{/eq}
None
null
null
null
null
null
null
A firm earns a rate of return of 10 percent on its investments in the markets. A consumer values her time at $6 per hour and would save $6 by buying the stock instead of going to the meeting. How much is the consumer willing to pay for the stock? a) $10. b) $15. c) $20. d) $60.
None
null
null
null
null
null
null
Is there a way to show that $Z_n$ converges almost surely in distribution, given that $(X_n)_{n \ge 1}$ are independent and identically distributed random variables with $E(X_n) = 0$ and $Var(X_n) = 1$, and $Z_n = \frac{\sum_{k=1}^{n^2}X_k}{n^2}$?
None
null
null
null
null
null
null
In the equation: $$c=\frac{a^2-b^2}{2a}\tan \frac{\theta}{2}$$ where $a,b$ and $\theta$ are known, is there any other way to find the value of $\tan\frac{\theta}{2}$ than to solve the equation $$2ac\cdot \tan\frac{\theta}{2}=a^2-b^2$$ and do a series of approximations such as: $$2ac\cdot \tan\frac{\theta}{2}=a^2-b^2$$ ...
None
null
null
null
null
null
null
Assume the Federal Reserve makes an open market _____ of government securities when the desired reserve ratio is _____ than the current reserve ratio. A. sell, greater B. buy, greater C. sell, less D. buy, less
None
null
null
null
null
null
null
Suppose that GDP is below full-employment GDP and inflation is below the targeted inflation rate. In that case, a possible, desirable macroeconomic policy would focus on: a. generating a positive supply shock b. shifting the ADE curve to the right c. cutting taxes d. all of the above
None
null
null
null
null
null
null
Suppose that the indifference curves of a utility function u(x1, x2) are all downward sloping straight lines with the slope equal to -2. Which of the following is true? a) x1 is a bad. b) x1 is bad and x2 is a neutral. c) x1 is a neutral and x2 is a good. d) x1 and x2 are both neutral. e) None of the above.
None
null
null
null
null
null
null
You are considering a project with the following free cash flows: Year Cash Flow 0 -$90,000 1 25,000 2 30,000 3 35,000 4 40,000 What is the project's payback period? A) 1 year B) Between 1 and 2 years C) Between 2 and 3 years D) Between 3 and 4 years E) More than 4 years
None
null
null
null
null
null
null
How can I find the values of $m$ for which the equation $e^x(1-x) =mx$ has exactly two non-zero solutions?
None
null
null
null
null
null
null
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...
None
null
null
null
null
null
null
Project A has a WACC of 10%, and the following cash flows: Year: 0 1 2 3 4 CF: -$100 $25 $50 $75 $100 Project B has a WACC of 10%, and the following cash flows: Year: 0 1 2 3 4 CF: -$100 $50 $50 $25 $25 What is the IRR of Project B? a. 10.00% b. 10.25% c. 10.45% d. 10.69% e. 11.96%
None
null
null
null
null
null
null
Piston Motor Company of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a Japanese company, it follows Japanese GAAP and reports its financial statements in billions of Yen. A simplified version of its recent balance sheet contained the follow...
None
null
null
null
null
null