Economics Homework Solutions

A normal distribution has a mean of 50 and a standard deviation of 4.

A normal distribution has a mean of 50 and a standard deviation of 4. Please use Execl Spreadsheet Show all work and Formulas a) Compute the probability of a value between 44.0 and 55.0 Show your work here Answer b) Compute the probability of a ...continues

Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean number of gallons of gasoline sold to his customers. From his records, he selects a random sample of 60 sales and finds the mean number of gallons sold is 8.60 and the standard deviation is 2.30 gallons.

Bob Nale is the owner of Nale's Texaco GasTown. Bob would like to estimate the mean number of gallons of gasoline sold to his customers. From his records, he selects a random sample of 60 sales and finds the mean number of gallons sold is 8.60 and the standard deviation is 2.30 gallons. PLease Show all work in excel ...continues

At the 0.10 significance level, can we conclude that less than 90% of the orders are delivered in less than 10 minutes?

Chicken Delight claims that 90% of its orders are delivered within 10 minutes of the time the order is placed. A sample of 100 orders revealed that 82 were delivered within the promised time. At the 0.10 significance level, can we conclude that less than 90% of the orders are delivered in less than 10 minutes? Please sho ...continues

The Tampa bay (Florida) Area Chamber of Commerce wanted to know whether the mean weekly salary of nurses was larger than that of school teachers. To investigate, they collected the following information on the amounts earned last week by a sample of school teachers and nurses.

The Tampa bay (Florida) Area Chamber of Commerce wanted to know whether the mean weekly salary of nurses was larger than that of school teachers. To investigate, they collected the following information on the amounts earned last week by a sample of school teachers and nurses. Pease show work with formulas in Excel Sprea ...continues

ROA, debt/equity, ROE

Can you walk me through the steps to solve these problems? Lily Cosmetics has annual sales of $400,000,000 maintains a net after tax profit margin of 5% and has a sales-to-assets ratio of 4 a. What is its return on assets? b. If its debt/equity ratio is 1.0 , what is the return ...continues

Average collection period and Current ratio

Can you walk me through these two problems? On average, Microlimp's accounts receivables total $3,000,000 on annual sales of $400,000,000. What is Microlimp's average collection period? How would the following actions affect a firm's current ratio? a. Inventory is purchased and ...continues

Hilton, Chapter 18, Case 18.48, River Beverages

River Beverages is a food and soft-drink company with worldwide operations. The company is organized into five regional divisions with each vice president reporting directly to the CEO, Cindy Wilkins. Each vice president has an R&D department, controller, and three divisions; carbonated drinks, juices and water, and food prod ...continues

WACC calculation

1. Firm XYZ can borrow at 8% and is subject to a corporate tax rate of 34%. It's estimated cost of equity capital is 12% and it's debt equity ratio is 3 to 2 (ie, 60% and 40%, respectively). A) Calculate XYZ's WACC. b) What is a firm's optimal capital structure. 2.Research a recent news release concerning a list ...continues

GROUP'S SHARE of Income Taxes

Latest Data available is for the year 2003 1. What is the Groups Share of and the Income Split Point for Individual Income Taxes as of 2003 for the following group of income earners: GROUP'S SHARE of Income Taxes INCOME SPLIT POINT Top 1% of income earners ...continues

Problems

Please show calculations and walk through the process to obtain a solution. 1} A 10-year Corporate bond is issued with a face value of $100,000, paying interest of $2,500 semi-annually. If market yields decrease shortly after the T-bond is issued, what happens to the bond's: a. price? ...continues

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