If is not given, choose a value.
Larimer County estimated that their second quarter unemployment rate in 2016 was 2.7%.
a) Calculate the confidence interval for Larimer Countys unemployment rate assuming a sample
size n = 568 and use a 90% co
The optimal consumption bundles strongly suggest that the price of oranges is
more expensive than that of apples, and therefore Devin cant afford to buy this
instead he looks for alternative which is apple.
2. Marginal rate of substitution is equ
ECO 305: Problem Set 1
Due September 19th at the start of recitation
Measurement of Economic Activity
1. Go to the website of the bureau of economic analysis and find
the growth rate of real GDP for the most recent quarter. Go to
1. Economic policy debates- is the discussion of fluctuations in key aggregate measures
notably, national income, interest rates, inflation rates, unemployment, trade imbalances,
exchange rates and various wealth series.
a) Macroeconomics- Macroeconomi
*Problem 5-2A (Part Level Submission)
Shmi Distributing Company completed the following merchandising transactions in the month of April.
At the beginning of April, the ledger of Shmi showed Cash of $8,910 and Common Stock of $8,910.
Apr. Purchased mercha
*Problem 4-6A (Part Level Submission)
Sara Yu, CPA, was retained by Info Cable to prepare financial statements for April 2014.Yu accumulated
all the ledger balances per Infos records and found the following.
April 30, 2014
Your answer is partially correct.
Bieber Company had the following select transactions.
May 1, 2014
July 1, 2014
Accepted Crane Companys 1-year, 10% note in settlement of a $62,000
Loaned $71,000 cash to Sam Howard on a
Your answer is correct.
On December 31, 2013, Russell Co. estimated that 3% of its net sales of $407,600 will become
uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts. On
May 11, 2014, Russell
*Exercise 4-3 (Part Level Submission)
The adjusted trial balance columns of the worksheet for Albanese Company are as follows. No
common stock was issued during April.
For the Month Ended April 30, 2014
Your answer is correct.
LaSalle Company established a petty cash fund on May 1, cashing a check for $125.00. The company
reimbursed the fund on June 1 and July 1 with the following results.
June 1: Cash in fund
Receipts: delivery expense $29
*Exercise 5-9 (Part Level Submission)
Presented below is information for Bach Company for the month of March 2014.
Cost of goods sold
Salaries and wages expense
Your answer is correct.
Patrick Kellogg has prepared the following list of statements about the accounting cycle.
Identify each statement as true or false.
Journalize the transactions is the first step in the accounting cycle.
The Athenian Empire emerged as other Greek city-states turned to her
for protection against the _ Empire.
Pericles built the Parthenon to honor the goddess _.
Estimation and Analysis of Demand for Fast Food Meals
You work for PriceWatermanCoopers as a market analyst. PWC has been hired by the owner
of two Burger King restaurants located in a suburban Atlanta market area to study the demand fo
When Oprah gave away Pontiac G6 sedans to her TV audience, was the value of cars taxable?
When Oprah gave away the new cars to her audience, tax consequences were probably
the last thing on everyones mind. Unfortunately and unbeknownst to
1. 1. (12 pts) Satellite TV (STV) company provides technical assistance via its call
center when there are problems. The call center at STV is located in Charlotte,
NC. The customers of STV have complained lately that some of STVs hold
Aren't only probabilities allowed on tree branches?
Until now, the focus has been on probability trees. On this screen, however, a decision tree is being
constructed. Probabilities are not included on the branches stemming from a decision node, since this
What is the Discount Factor?
It is common practice in the capital markets to use the Discount Factor rather than the Discount Rate.
Discount Factor = 1 /[‘l + (r - n)]
n = Number of years
r = Discount Rate
The Present Value equals the Future Value
As illustrated, Pepsi's average cost per unit of output
decreases as quantity produced increases. At these
points along the cost curve we have economies of scale.
When average costs increase with output we have
diseconomies of scale. When average cost rem
Present Value = 400,000 400
Discount Rate (p.a.) : I I l I I I I I
Mouse over the Discount Rates in the graph above to reveal the Future Value
All amounts U.S. Dollars (USD)
What if N-Style earned an interest rate
The biggest advantage of debt financing is that it is
relatively cheap. The lender does not share in the upside
earnings potential of the company, and interest paid on
debt is tax deductible. Additional advantages include the
. Debt has a speci
Manner of Method of
Debt Issue Debt Issue
Types of Seniority in Secure or
Interest Liquidation Unseeure
To avoid diluting the ownership of the company, N-Style L M
may issue debt securities. These securities may take the evﬁl
What variables impact the Discount Rate?
The starting point for determining what Discount Rate to use is the market interest rate for the
appropriate time horizon involved. Typically, the Discount Rate needs to be adjusted further for risks
What are the differences between debt securities and common stock?
No stated mamrirv
inmost payments aro Dividends not legal obligation
liability of issuer until declared by issuer
interest payinemx are tax. I iuidends no! tax-daduoti ble
Introduction to Describing a Variable
This course will teach you how to effectively employ statistics to make informed business
decisions. We begin by studying probability and probability distributions as a way to help
describe and quantify the uncertaint
What is a bond?
A bond is a form of debt. It is a contractual obligation, whereby the issuer (borrower) agrees to make
interest payments at stated times and repay the principal on the maturity date. Bonds may be issued
in a wide number of variations, and