Category Archives: Homework Help

The success of a federally funded, locally administered manpower program

The success of a federally funded, locally administered manpower program was measured by the proportion of clients who moved from subsidized employment into unsubsidized (private sector) employment and remained there for a certain length of time. A random sample of … Continue reading

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According to the Center for Disease Control website, in 2011

According to the Center for Disease Control website, in 2011 not less than 18% of high school students have smoked a cigarette. An Introduction to Statistics class in Davies County, KY conducted a hypothesis test at the local high school … Continue reading

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Jim D’Addario of the well-known guitar and bass string factory D’Addario

Jim D’Addario of the well-known guitar and bass string factory D’Addario Strings in Long Island, NY, is considering two new designs for more efficient and higher quality machines (the company has won many manufacturing and product patents in the field). … Continue reading

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The trial balance of CX Trading as at 31 December 20×5 showed

The trial balance of CX Trading as at 31 December 20×5 showed a difference which was posted to a suspense account. Drafted financial statements for the year ended 31 December 20×5 were prepared showing a net profit of $23,120. The … Continue reading

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On January 1, 2016, Alpha Company purchased equipment for $16,000

On January 1, 2016, Alpha Company purchased equipment for $16,000 with an estimated 10-year life and no salvage value. It was determined that the straight-line method of depreciation would be used. Alpha has a December 31 fiscal year end. During … Continue reading

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Bravo Company purchased a truck on October 1, 2016

Bravo Company purchased a truck on October 1, 2016. Bravo paid $10,000 for the truck in addition to $500 registration & sales taxes. The truck is expected to have a $2,000 residual value and a 5-year life. Bravo has a … Continue reading

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Suppose MGM has a beta of 3.32 and AEP has a beta of 0.28

Suppose MGM has a beta of 3.32 and AEP has a beta of 0.28. If the risk-free interest rate = 4.0% and the market risk premium = 10%, according to the CAPM: a. What is the expected return of MGM … Continue reading

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WebTech Development of Nashville, Tennessee, is considering the possible

WebTech Development of Nashville, Tennessee, is considering the possible introduction of a new product proposed by its research and development staff. The firm’s marketing director estimates that the product can be marketed at a price of $230. Total fixed cost … Continue reading

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Piano Man, Inc, has a 32 day average collection period

Piano Man, Inc, has a 32 day average collection period and wants to maintain a minimum cash balance of $20 million, which is what the company currently has on hand. The company currently has a receivable balance of $218 million … Continue reading

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Both Bond Sam and Bond Dave have 6 percent coupons

Both Bond Sam and Bond Dave have 6 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 4 years to maturity, whereas Bond Dave has 13 years to maturity. (Do not round your intermediate calculations.) … Continue reading

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