..."Prepare responses to Problem Sets P2-6A (Page 85-86), and P13-2A (Page 731-732), from Chapter 2 and 13 of Financial Accounting: Tools for business decision making (6th ed.) by John Wiley & Sons." P2-6A Condensed balance sheet and income statement data for Sievert Corporation "SIEVERT CORPORATION Balance Sheets December 31" Assets 2012 2011 Cash $28,000 $20,000 Receivables (net) 70,000 62,000 Other current assets 90,000 73,000 Long-term investments 62,000 60,000 Plant and equipment (net) 510,000 470,000 Total assets $760,000 $685,000 Liabilities and Stockholders’ Equity Current liabilities 75,000 70,000 Long-term debt 80,000 90,000 Common stock 330000 300000 Retained earnings 275000 225000 Total liabilities and stockholders’ equity 760,000 685,000 "SIEVERT CORPORATION Income Statement For the Years Ended December 31" 2012 2011 Sales $750,000 $680,000 Cost of goods sold 440,000 400,000 Operating expenses (including income taxes) 240,000 220,000 Net income $70,000 $60,000 Additional information: Cash from operating activities $82,000 $56,000 Cash used for capital expenditures $45,000 $38,000 Dividends paid $20,000 $15,000 Average number of shares outstanding 33,000.00 30,000.00 Instructions Compute...
Words: 680 - Pages: 3
...Problem Set 4 Name: ________Kristina Silva______________________________________ Problem Set 4 is to be completed by 11:59 p.m. (ET) on Friday of Module/Week 8. 1. Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? What are the different price points? Using this information, draw a fully labeled graph of the market for movies in which the distributor of the film price discriminates. (NOTE: This should not be perfect price discrimination.) There are retailers whe sell DVD or videos and then there are live streaming ways to distribute movies such as Netflix. (Q1 is vidoes/DVD’s, Q2 is Netflix) 2. Assume the following game is played one time only. Based on the information in the payoff matrix, PNC Bank and Citizens Bank are considering an implicit collusive agreement on interest rates. Payoffs to the two firms are represented in terms of profits in thousands of dollars: | | |Citizens Bank | | | | |Collude: Raise Rates |Defect: Keep Rates where they | | | | |are | |PNC |Collude: Raise Rates...
Words: 456 - Pages: 2
...------------------------------------------------- Top of Form Problem Set 4- Part A Table of Contents Part 1 of 1 - | Question 1 of 5 | 10.0 Points | Joe quits his computer programming job, where he was earning a salary of $50,000 per year, to start . He opens his own computer software business store in a building that he owns and was previously renting out for $24,000 per year. In his first year of business he has the following expenses: mortgage $18,000, salary paid to himself, $40,000; rent, $0; other expenses, $25,000. Find the economic cost associated with Joe's computer software business. | | | A. $83,000 | | | | B. $99,000 | | | | C. $81,000 | | | | D. $65,000 | | Reset Selection | Question 2 of 5 | 10.0 Points | Imagine that the total cost function is described by C(q)=64+(q^2)-12q. The marginal cost (MC) and average cost (AC) are | | | A. MC= 2q-12 AC= (64/q) + q - 12 | | | | B. MC= 64 AC= (64/q) + q - 12 | | | | C. MC= q-12 AC= 64 | | | | D. MC= 2q-12 AC= q - 12 | | Reset Selection | Question 3 of 5 | 10.0 Points | The previous technology (described by C(q)=64+(q)²-12q) exhibits diseconomies of scale whenever output is bigger than | | | A. 5 | | | | B. 6 | | | | C. 7 | | | | D. 8 | | Reset Selection | Question 4 of 5 | 5.0 Points | Last year, your firm purchased a building for $200,000 in cash. Real estate prices have been holding steady, neither...
Words: 588 - Pages: 3
...PROBLEM 4-2A | (a) | Date | | Account Titles | | Debit | | Credit | 1. | 2012 June 30 | | Supplies Expense Supplies ($2,000 – $720) | | 1,280 | | 1,280 | | | | | | | | | 2. | 30 | | Utilities Expense Accounts Payable | | 180 | | 180 | | | | | | | | | 3. | 30 | | Insurance Expense Prepaid Insurance ($2,880 ÷ 12 months) | | 240 | | 240 | | | | | | | | | 4. | 30 | | Unearned Service Revenue Service Revenue | | 4,100 | | 4,100 | | | | | | | | | 5. | 30 | | Salaries and Wages Expense Salaries and Wages Payable | | 1,250 | | 1,250 | | | | | | | | | 6. | 30 | | Depreciation Expense Accumulated Depreciation— Equipment | | 250 | | 250 | | | | | | | | | 7. | 30 | | Accounts Receivable Service Revenue | | 3,900 | | 3,900 | (b) Cash | 6/30 Bal. 6,850 | | Accounts Receivable | 6/30 Bal. 7,000 6/30 3,900 | | 6/30 Bal. 10,900 | | | | Prepaid Insurance | 6/30 Bal. 2,880 | 6/30 240 | 6/30 Bal. 2,640 | | Supplies | 6/30 Bal. 2,000 | 6/30 1,280 | 6/30 Bal. 720 | | PROBLEM 4-2A (Continued) Equipment | 6/30 Bal. 15,000 | | Accumulated Depreciation— Equipment | | 6/30 ...
Words: 379 - Pages: 2
...Problem 1: i) All the coefficients are significant, because t (crit) = 1,96 is smaller than the absolute values of these three coefficients β1, β2 and β3. Estimated equation is: Log (wage) = 0.128 + 0.0904educ + 0.041exper – 0.000714exper2 (0.106) (0.0075) (0.0052) (0.000116) n = 526, R2 = 0.30 ii) Yes, the coefficient is significant because t-statistics absolute value 6,16 is greater than t (critical value) at 1 % significance level which is 2,586 in this case. iii) Return to the fifth year of experience: 100 * [0.041-2*(0.000714)*4] = 3,53% Return to the 20th year of experience: 100 * [0.041-2*(0.000714)*19] = 1,39% iv) x* = 0.0410089/(2*(-0.0007136)) = -28.7338 28.7338 There are 121 people in the sample with at least 29 years of experience. Problem 2: a) SSE + SSR = SST SST – SSE = SSR SSR = 7160,41429–10.6243285= 7149,79 b) n =524 c) R2 = SSE/SST = 10.62/7160.41 = 0,001484 d) t = (-0,4682478/0,5306473) = -0,88241 e) t = coefficient/ std. error coefficient / t = (5,944174/34,96) = 0,170028 f) F = t^2 = (-0,88241)^2 = 0,778645 Problem 3: Model 1: a) Coefficient on variable cigs indicates that one cigarette smoked per day reduces birth weight by 0,44 %. Therefore, the effect on birth weight from smoking 10 more cigarettes will be that it reduces birth weight by 4,4 %. b) In model 1, a white child is predicted to weight 5,5 % more than a non-white child on...
Words: 821 - Pages: 4
...4/27/2014 MA3110 Statistics Otis Jackson Unit 4 problem set 1: Normal Probability Distributions Page.285 Ex 6,8,10,12 6. x = 80, z=80-10015 = -1.33 z= 0.0918 1-0.0918 = 0.9082 8. x = 110, z=110-10015 = 0.67 z= 0.7486 z= 75-10015 = -1.67 z= 0.0475 0.7486-0.0475= 0.7011 (shaded area) 10. z= 0.84 (shaded) z= -0.84 x= 100+(-0.84∙15) = 87 (rounded) 12. . z= 2.33 x= 100+(2.33∙15) = 135 (rounded) Page 288 Ex 34 34.Appendix B Data Set: Duration of Shuttle Flights a. Find the mean and standard deviation, and verify that the data have a distribution that is roughly normal. Mean= 25317115 = 220.15 Standard Deviation=115253172-(25317)2115(115-1) = 86 (rounded) The normal distribution is 115 b. Treat the statistics from part (a) as if they are population parameters and assume a normal distribution to find the values of the quartiles 1,2 and 3. Mean= 220.15 Standard Deviation= 86 Q1 = 220.5 + (-0.67 ∙ 86)= 162.53 Q2= 220.5 + (0.00 ∙ 86) = 220.5 Q3=220.5 + (0.67 ∙ 86) = 277.77 Page.300 Ex 20 Quality Control: Sampling Distribution of Proportion after constructing a new manufacturing machine. 5 prototype integrated circuit chips are produced and it is found that 2 are defective (D) and 3 are acceptable (A). Assume that two if the chips are randomly selected with replacement from this population a. After identifying the 25 different possible samples, find the proportion of defects in each of them, then use a table to describe...
Words: 675 - Pages: 3
...FIN 370 Week 4 Calculating Cash Flow problem set Follow Below Link to Download Tutorial https://homeworklance.com/downloads/fin-370-week-4-calculating-cash-flow-problem-set/ For More Information Visit Our Website ( https://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com Data: Cost of Capital (borrowing) Cost of Automobile Cost of additional equiment atached to tu Tax rate Annual Before Tax Cash flows → Project 12.00% $200,000 $15,000 35% Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 $70,000 Process Area: Cash Outflows Cost of Equipment Total Investment Outlays $65,000 $60,000 $55,000 $50,000 $40,000 20.0% Depreciaiton Rate (MACRS) $70,000 Given in problem Given in problem Given in problem Given in problem $30,000 Given in problem 32.0% 19.2% 11.5% 11.5% 5.8% 0.0% 0.0% Given in problem Year – 0 $215,000 $215,000 Cash Inflows: Net Operating Cash flows Depreciation Earnings before interest and taxes Taxes Earning after taxes Add Depreciation Net Operating Cash flows Year-0 Given in problem Given in problem Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Take cash flows from years 0-8 (including initial outlay) Initial investment X depreciation rate Cash flows minus depreciation Earnings X tax rate Earnings before taxes minus taxes Add depreciation from line 21 Earning after taxes + depreciation Pay Back Period 0 0 0 0 0 0 0 0 ...
Words: 342 - Pages: 2
...FI 3300 Web CT Take Home Problem Set 4 Fall 2015 Click Link Below To Buy: http://hwaid.com/shop/fi-3300-thps-4/ Directions: This problem set covers chapters 8, 9 and 10 in the textbook. Determine or compute an answer for each question/problem. After you have computed an answer for every question, enter your answers online via the “quiz” function entitled “THPS-4 ANSWER SUBMISSION FORM.” See the course calendar for when the answer submission form will open and close. I will post a detailed solution key to the problem set right after the Answer Submission Form closes. See the course calendar for the day(s) on which I will answer questions about these problems in the chat room. This is a take-home, open book, open notes financial statement analysis problem set. Work on this Assignment is to be yours alone - any discussion of either the questions on the assignment or your answers with anyone other than your instructor will be considered as cheating and, thus, as a violation of the GSU honor code. All questions are equally weighted. PART I: MULTIPLE CHOICE – Choose the letter of the most correct answer for each question. Record only one answer per question. Each question is worth 4 points. 1. IS THE FOLLOWING STATEMENT TRUE or FALSE? “A financial security is simply a contract between the provider of funds and the user of these funds that clearly specifies the amount of money that has been provided and the terms and conditions of how the user is going...
Words: 2652 - Pages: 11
...HCP 220 Week 4 Assignment- Measurements Using Metric, Apothecary, and Household Systems https://hwguiders.com/downloads/hcp-220-week-4-assignment-measurements-using-metric-apothecary-household-systems/ HCP 220 Week 4 Assignment- Measurements Using Metric, Apothecary, and Household Systems Resource: Ch. 5 of Pharmaceutical Calculations for Pharmacy Technicians: A Worktext Showall your calculations in a Microsoft® Word document Completethe following conversions: 1. Test Your Knowledge (metric system), p. 41: Problems 2, 4, 6, 8, 12 &14 2. Test Your Knowledge (apothecary system), p. 42: Problems 21, 29, 34, 37 & 40 3. Test Your Knowledge (household system), p. 42: Problems 42, 44, 49, 52, 54 & 56 Postyour work and answers to all three sets of problems along with a signed copy of the Certificate of Originality as an attachment under the Assignment link. HCP 220 Week 4 Assignment- Measurements Using Metric, Apothecary, and Household Systems https://hwguiders.com/downloads/hcp-220-week-4-assignment-measurements-using-metric-apothecary-household-systems/ HCP 220 Week 4 Assignment- Measurements Using Metric, Apothecary, and Household Systems Resource: Ch. 5 of Pharmaceutical Calculations for Pharmacy Technicians: A Worktext Showall your calculations in a Microsoft® Word document Completethe following conversions: 1. Test Your Knowledge (metric system), p. 41: Problems 2, 4, 6, 8, 12 &14 2. Test Your Knowledge (apothecary system), p. 42: Problems...
Words: 3037 - Pages: 13
...Exercise 4.1, problem 5a for i := 1 to 123 do for j := 1 to i do print i * j a) How many times is the print statement of the third line executed? Since we have to count iterations starting from one until 123, the first count would be 1 then 3 then 6 and so forth. The segment can be translated to (n)(n+1)/2 where 123 would be (n). (123)(123 + 1)/2 The statement is executed 7626 times. Exercise 4.2, problem 18a a) How many permutations of 1, 2, 3 have k ascents, for k = 0, 1, 2? Ascent can be determined by simply looking at its numbers. In the case of 123, 3 > 2 and 2 >1 so there are 2 ascents. 123 = 2 321 = 0 231 = 1 213 = 1 132 = 1 312 = 1 k = 0 1 k = 1 4 k = 2 1 Exercise 4.3, problem 22a Solve each problem (if possible), and then convert the results to base 10 to check your answers. Watch for any overflow errors. 8 4 2 1 0101 5 + 0001 1 0110 6 Exercise 4.4, problem 1a 1. For each of the following pairs a, b ∈ Z+, determine gcd (a, b) and express it as a linear combination of a, b. a) 231, 1820 1820 = 7 (231) + 203 0 < 203 < 231 231 = 1 (203) + 28 0 < 203 < 28 203 = 7 (28) + 7 0 < 28 < 7 28 = 4 (7) + 0 7 gcd(1820, 231) = 7 7 = 203 – 7 (28) 203 – 7 (231 – 203) 8 (203) – 7 (231) 8 (1820 – 7 (231)) – 7(231) 8 (1820) – 63 (231) Exercise 5.1, problem 4 For which sets A, B is it true that A X B = B...
Words: 597 - Pages: 3
...Part, Autumn 2012 Problem set 5 The due date for this problem set is Thursday 06.12. at 14:00. Problem 1. A supplier of a raw material has agreed to deliver the material in packages of 20 kg each. As a part of quality control, a random sample of 10 packages were measured. The average weight of packages was 19.2 kg in the sample, and the standard deviation was 0.4. Test the null hypothesis that the expected weight of a package is 20 kg. The following exercises build on the previous Problem Set 4 and the data used therein. See Problem Set 4 for more detailed instructions regarding the data. Problem 2. In the previous problem set we estimated the following regression model using the data of hockey players in the Finnish league for the season 2009-2010: Goals = α + β × Shots-on-goal + ε The data for this exercise were provided in the Excel file “QBA Stats 4.xls” available on the course website. (a) Estimate the 95% confidence interval for the slope coefficient β. (This can be obtained directly by using the Excel Analysis ToolPak.) (b) Estimate the 99% confidence interval for the slope coefficient β. (The necessary statistics (critical t-value and standard error) can be computed with Excel, but you need to apply the formula for the confidence interval.) Problem 3. In another data set of hockey players in the NHL, you should have estimated a slope coefficient b = 0.1213. Test the hypothesis that β = 0.1213 in the model estimated in Problem 1 of Problem Set 4 (Finnish league in the...
Words: 407 - Pages: 2
...ACC 455 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ ACC 455 Week 1 Individual assignment Tax Return Position Paper (UOP Course) ACC 455 Week 1 DQ 1 (UOP Course) ACC 455 Week 1 DQ 2 (UOP Course) ACC 455 Week 1 DQ 3 (UOP Course) ACC 455 Week 2 Individual Assignment Problem Set (UOP Course) ACC 455 Week 2 Team Assignment Outline for Week 3 (UOP Course) ACC 455 Week 2 DQ 1 (UOP Course) ACC 455 Week 2 DQ 2 (UOP Course) ACC 455 Week 2 DQ 3 (UOP Course) ACC 455 Week 2 DQ 4 (UOP Course) ACC 455 Week 3 Team Assignment Problem Set (UOP Course) ACC 455 Week 3 DQ 1 (UOP Course) ACC 455 Week 3 DQ 2 (UOP Course) ACC 455 Week 3 DQ 3 (UOP Course) ACC 455 Week 4 Team Assignment Outline for Week 5 (UOP Course) ACC 455 Week 4 Individual Assignment Problem Set (UOP Course) ACC 455 Week 4 DQ 1 (UOP Course) ACC 455 Week 4 DQ 2 (UOP Course) ACC 455 Week 4 DQ 3 (UOP Course) ACC 455 Week 4 DQ 4 (UOP Course) ACC 455 Week 5 Team Assignment Problem Set (UOP Course) ACC 455 Week 5 DQ 1 (UOP Course) ACC 455 Week 5 DQ 2 (UOP Course) ACC 455 Week 5 DQ 3 (UOP Course) ACC 455 Week 5 DQ 4 (UOP Course) ............................................................................................................................................... ACC 455 Week 1 Individual assignment Tax Return Position Paper (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating:...
Words: 714 - Pages: 3
...Face Any Problem E- Mail Us At JohnMate1122@gmail.com WEEK 1 Quiz 1 Set 1(20 Questions and Answers) Quiz 1 Set 2 (20 Questions and Answers) Quiz 1 Set 3 (20 Questions and Answers) WEEK 2 Discussion Question 1: Decision Tree Discussion Question 2: The Science of Probability Quiz 2 Set 1 (20 Questions and Answers) Quiz 2 Set 2 (20 Questions and Answers) WEEK 3 Assignment 1, Jet Copier Case Problem Discussion Question 1: Pseudorandom Discussion Question 2: Statistical Analysis WEEK 4 Assignment 2, Internet Field Trip Presentation Discussion Question 1: Forecasting Discussion Question 2: Forecasting Models WEEK 5 Midterm Exam 1 (40 Questions and Answers) Midterm Exam 2 (40 Questions and Answers) Midterm Exam 3 (40 Questions and Answers) Midterm Exam 4 (40 Questions and Answers) WEEK 6 Discussion Question 1: The Linear programming Model Discussion Question 2: The LP Model Discussion Question 3: Graphical Method Discussion Question 4: Minimization model Quiz 3 Set 1 (20 Questions and Answers) Quiz 3 Set 2 (20 Questions and Answers) Quiz 3 Set 3 (20 Questions and Answers) WEEK 7 Assignment 3, Case Problem, Julia's Food Booth Discussion Question 1: Shadow Price Discussion Question 2: Sensitivity Analysis Discussion Question 3: LP model and optimal solution. WEEK 8 Discussion Question 1: Objective Function Discussion Question 2: Applications of Linear Programming Quiz 4 Set 1 (20 Questions and Answers) Quiz 4 Set 2 (20 Questions...
Words: 388 - Pages: 2
...29 Try Harder Quant............................................. 30 - 36 Try Harder Verbal............................................ 37 - 42 Try More IR.................................................... 43 Try More Essay............................................. 44 Page 1 of 44 Bird's Eye View of Class Attended In Class Quant Verbal Topics & Methods Sentence Correction Critical Reasoning Reading Comprehension Other IR / Essay Preparing for the GMAT Session 1 □ DS Methods & Computation Methods 2 □ FDPs 3 □ Algebra 1 4 □ Algebra 2 5 □ Word Probs 1 6 □ Word Probs 2 7 □ Geometry 8 □ Num Props 1 9 □ Num Props 2 Subj-Verb Parallelism Pronouns Arg. Structure Assumption Modifiers Verbs Evaluate Comparisons Str/Weaken Idioms etc. Evidence Short Long IR Basics Essay Review Assess Gameplan Build "Do This" Checklist At Home Quant FoM Odds After Session 1 2 3 4 5 6 x 7 x 8 x 9 x x x □ □ □ □ □ □ □ x x x x □ □ □ □ □ □ □ □ □ x x □ □ □ □ □ □ □ □ □ x x □ □ □ □ □ □ □ x x □ □ □ □ □ x x x x Strat Guide Read Odds OG PS DS □ □ □ □ □ □ x x x x □ □ □ □ □ □ x x □ □ □ □ □ □ x x □ □ □ □ x x Verbal SC Strat Guide Read OG SC RC Strat Guide Read OG RC CR Strat Guide Read OG CR □ □ x x x x □ □ □ x □ □ □ x x x □ □ x □ □ □ x x x Other Roadmap CAT IR / Essay Other Read Do Do Do □ □ #1 x...
Words: 10013 - Pages: 41
...simple business problem, design and desk-check a solution algorithm that is expressed in terms of pseudocode or program notes and input-process-output (IPO) analysis leading to a flow chart. | Assignment: This activity will assist you in the understanding the input, process, and output (IPO) model using a provided set of data to write psuedocode ahead of processing the data and showing the results. 1. Rewrite the supplied data set in pseudocode format using proper verbs for describing input, process, or output needs along with assignment statements for calculations. 2. Perform calculations based on the pseudocode and assignment statements. 3. Show the result of each pseudocode program in the output display. Rubric: When completed, please submit the following items. 1. The instruction sheet. 2. Your answer sheet. Point distribution for this activity: Pseudocode Activity | Document | Points possible | Points received | Problem #1 | 6 | | Problem #2 | 6 | | Problem #3 | 8 | | Total Points | 20 | | Problem #Example: The variable A starts with the value 2. The variable B starts with the value 4. The variable C starts with the value 6. Store the value of A added to B in A. Store the value of B added to C in C. Multiply A times C, and store the result in B. Display the value in B on the screen. Pseudocode #Example: ------------------------------------------------- Set A to the value...
Words: 696 - Pages: 3
