Monthly Archives: October 2017

Total plasma volume is important in determining the required plasma

Total plasma volume is important in determining the required plasma component in blood replacement therapy for a person undergoing surgery. Plasma volume is influenced by the overall health and physical activity of an individual. Suppose that a random sample of … Continue reading

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A corporation discussed three different plans to finance $4,000,000 toward

A corporation discussed three different plans to finance $4,000,000 toward construction of a new warehouse. Under each of the following plans the securities will be issued at their par or face value amount and the income tax rate is estimated … Continue reading

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The report of a sample survey of 1014 says with 95% confidence

1. The report of a sample survey of 1014 says with 95% confidence, between 9% and 15% of all Americans expect to spend more on gift this year than last year 2. What is the critical value of t for … Continue reading

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Howett Pockett, Inc., plans to issue 11.7 million new shares of its stock

Howett Pockett, Inc., plans to issue 11.7 million new shares of its stock. In discussions with its investment bank, Howett Pocket learns that the bankers recommend a net proceed of $37.20 per share and they will charge an underwriter’s spread … Continue reading

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Gen Corp. is expected to pay a dividend of $3.20 per year indefinitely

Gen Corp. is expected to pay a dividend of $3.20 per year indefinitely. The appropriate rate of return on this stock is 12 percent per year, and the stock consistently goes ex-dividend 40 days before dividend payment date. What will … Continue reading

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Incredible Sounds is a wholesale business that sells musical instruments

Incredible Sounds is a wholesale business that sells musical instruments. Transactions involving sales and cash receipts for the firm during April 2019 follow. The firm sells its merchandise for cash and on open account. During April, Incredible Sounds engaged in … Continue reading

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Woodsman Company sells a product for $215 per unit

Target Profit Woodsman Company sells a product for $215 per unit. The variable cost is $80 per unit, and fixed costs are $756,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required … Continue reading

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On 1 January 2017, Nyvice Limited purchases a specialized machine tool

On 1 January 2017, Nyvice Limited purchases a specialized machine tool for €20000. The useful life of the machine tool is estimated to be five years. The residual value at the end of its useful life is expected to be … Continue reading

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The trial balance of YTP Supplies Pte Ltd (“YTP”) was given as at 31

The trial balance of YTP Supplies Pte Ltd (“YTP”) was given as at 31 December 20X6:     Debit    Credit Account title                                        … Continue reading

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A recent national survey found that high school students watched

A recent national survey found that high school students watched an average of 6.8 videos per month, with a standard deviation of 0.5. A random sample of 36 college students revealed that the mean number of videos watched last month … Continue reading

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