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Randomly select 100 purchases from your checkbook or 100 credit card purchases that you have made in the past year. Do not mix checks and credit card purchases; pick one or the other for this study. Would you expect the cents portion of the checks to be evenly represented? Explain why or why not before collecting your sample.Record the cents portion of those checks into the following table:
Use a .05 significance level to test the claim that the four categories are equally likely.Describe how you obtained your random sample. Did you have any difficulties making a true random sample? What population is your sample describing? Is it representative of most check or credit purchases in the US/>/>?Did your results support your expectation? Provide anexplanation
You are considering a project which will provide annual cash inflows of $5,200, $6,300, and $7,500 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a 8% discount rate?
How long will it take for $1400 to grow to $39,800 at an interest rate of 10.2% if the interest is compounded continuously? Round the number of years to the nearest hundredth.
Which of the following ratios appears on a common-size balance sheet? I. Debt to asset ratio II. Net working capital to total assets III. Net profit margin
in this assignment you will identify a global organization with branches in different countries and select this company
The ______ is used by financial managers for dissecting a firm's financial statements to assess it's financial condition. In general, firms that are subject to a high degree of ____, relatively short production cycles, or both, tend to use shorter pl..
An owner invested $180,000 in a new family-style restaurant, of which $160,000 was immediately used to purchase equipment and $20,000 was retained for working cash. Calculate the average check per meal period that will cover all costs, including desi..
how you manage your cash or money on a day-to-day basis will impact whether your long-term financial objectives will be
If an alternative has an advance payment of $100,000 upon contract award and then quarterly payments of $20,000 for the next 3 years, what would the cash flow diagram look like?
Texas Chemicals is a major producer of oil-based fertilisers in the US. The company’s stock is currently selling for $80 per share and there are 10 million shares outstanding. The company also has debt outstanding with a market value of $400 million...
Accrual income versus cash flow for a period Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within 30 days but can be returned for a full refund credit..
Summarized the advantages of the international trade agreement selected and summarized the disadvantages of the international trade agreement selected.
A company builds a new plant and finances its construction by issuing stock. Which ratio is least likely to be affected, all else being equal?
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