Cash flow has been described as the lifeblood of a business. How would you explain this description to someone who does not understand business finance?
(a) If the mass of the Earth were doubled, would the escape speed of a rocket increase, decrease, or stay the same? (b) Calculate the escape speed of a rocket for the case of an Earth with twice its present mass. (c) If the mass of the Earth retains its present value, but the mass of the rocket is...
Michael Corporation is on a calendar year basis. The following data were found during your audit: 1) An excerpt from the client’s trial balance revealed the following account balances: Accounts receivable P 80,000 Inventory, per count 1,200,000 Accounts payable 790,000 Net sales 6,050,000 Net...
The exact times required by students to reach their first class. Discrete or Continuous. In Exercises, state whether the data described are discrete or continuous, and explain why.
Tiger Golf Supplies has $25 million in earnings with 7 million shares outstanding. Its investment banker thinks the stock should trade at a P/E ratio of 31. Assume there is an underwriting spread of 7.8 percent. What should the price to the public be?
Answer the following questions involving isomorphisms or subgroups. 1. Prove that (R.+)- (R+,·> defined by (x) =e* using the function p:R -R+ 2. Name at least three structural properties. 3. Determine why each pair of groups below are not isomorphic. ,+) and (Z +, (R, · ) and (C, · > b. 4....
The personnel manager of a firm with 200 employees has selected a simple random sample of 40 employees and examined their health-benefit claims over the past year. The average amount claimed during the year was $260, with a standard deviation of $80. Construct and interpret the 95% confidence...
A discount interest loan is a loan arrangement where the interest and any other related charges are calculated at the time the loan is closed. Suppose a one?year loan is stated as $10,000 and the interest rate is 12%. Then, the borrower pays $1,200 interest up front, thereby receiving net funds...