Imperial Jewelers is considering a special order for 20 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is $189.95 and its unit product cost is $149.00 as shown below: Direct materials $84.00 Direct labor 45.00 Manufacturing overhead 20.00 ——————– Unit product [...]

consider this topic and converse with your fellow classmates about choice, opportunity cost, and comparative advantage with regards to personal brand in social networking sites and/or associations you might belong to. Include some ideas about what you can do right now to improve and develop your own personal brand. Solution For personal branding, first we [...]

Ten years ago, Stigler Company issued $100 par value preferred stock yielding 8 percent. The preferred stock is now selling for $97 per share. What is the current yield or cost of the preferred stock? (Disregard flotation cost) A) 8.25 % B) 7.76 % C) 8 % Solution The yield was 8% of 100, so [...]

An independent project should be accepted if? A) produce a new present value that is greater than or equal to zero B)Has only one sign reversal C)Produces a net present value that is greater than the equivalent IRR D) Produces a profitability index greater than or equal to zero Solution Option “A” is the correct [...]

Suppose that the following is true for an economy: C = 2400 + .8(DI) T = 500 + .1Y I = 2100 G = 2500 NX = 1800 b.) Calculate the multiplier ( with variable taxes) Solution C = 2400 + 0.8(DI) T = 500 + 0.1Y I = 2100 G = 2500 NX = [...]

A major contribution of the Miller model is that it demonstrates, other things held constant, that Answer a. personal taxes lower the value of using corporate debt. b. personal taxes increase the value of using corporate debt. c. debt costs increase with financial leverage. d. personal taxes have no effect on the value of using [...]

Firms U and L each have the same amount of assets, and both have a basic earning power ratio of 20%. Firm U is unleveraged, i.e., it is 100% equity financed, while Firm L is financed with 50% debt and 50% equity. Firm L’s debt has a before-tax cost of 8%. Both firms have positive [...]

Longstreet Inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its product sells for $4.00 per unit. What is the company’s breakeven point, i.e., at what unit sales volume would income equal costs? Answer a. 391,667 b. 466,083 c. 423,000 d. 446,500 e. 477,833 Solution a. 391,667 because 470,000/(4.00-2.80)= [...]

Which of the following statements is CORRECT? Answer a. When a company increases its debt ratio, the costs of equity and debt both increase. Therefore, the WACC must also increase. b. All else equal, an increase in the corporate tax rate would tend to encourage companies to increase their debt ratios. c. Since debt financing [...]

a) In which situations weighted mean and arithmetic mean are used. b) From the following data, find the weighted mean. Arithmetic mean The arithmetic mean is the “standard” average, often simplycalled the “mean”. The mean may often be confused with themedian or mode.The mean is the arithmetic average of a set ofvalues, or distribution; however, [...]

a. Explain why it is difficult to calculate Mode andG.M for the following values, 4, 5, -10, 0, 20. b.. Can all quartiles and deciles be expressed as percentiles?Explain. Solution a) Mode is nothingbut the frequency of occuring of one observation But in the given data there is no observation occurred at leasttwice So it [...]

Question No.1: Convert the followingBinary Number into Decimal Numbers. Show fullprocedure a. 1110010 b. 10001100 Question No. 2:Convert the following Decimal Numbers into Binary Numbers.Show complete procedure. a. 75 b. 120 Question No. 3: You are given there three Boolean variables asx,y andz. Determine the truthtable for the expression givenbelow. ( xXORy)’. z Solution: 107 [...]

CS101: Quiz #3 ANSWERS 1. Consider the following program: #include void main() { int a,b; cin >> a >> b; if (a > b){ if (a > 0) cout