Answer:
Identification of Features Applying More to Job Order Operations, Process Operations, or Both:
Features
1. Cost object is a process. Process Operations
2. Measures unit costs only at period-end. Process Operations
3. Uses indirect costs. Both
4. Transfers costs between Work in
Process Inventory accounts. Process Operations
5. Uses only one Work in Process account. Job Operations
6. Uses materials, labor, and overhead costs. Both
Explanation:
The main difference between the two operations is the manner costs are accumulated. Job operations accumulate costs for different jobs that are not similar. Process operations accumulate costs to show the process a product passes through. The product of a process operation is not unique like the product of a job operation.
A strategy that attempts to reduce the overall risk of an entire investment portfolio by investing in a variety of assets is called
Answer:
Portfolio diversification
Explanation:
Portfolio diversification is the process of holding different asset and security classes in order to minimise the non systemic risk of the portfolio
Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.
to diversify assets in the portfolio should have zero correlation
Suppose a company wants to structure its assets and liabilities such that its equity is unaffected by interest rate risk. To accomplish that objective, which of the following must the company do?
a. The duration of its liabilities must be longer than the duration of its assets.
b. The duration of its liabilities must equal the duration of its assets.
c. The duration of its liabilities must be shorter than the duration of its assets.
Answer: b. The duration of its liabilities must equal the duration of its assets
Explanation:
Since the company wants to structure its assets and liabilities such that its equity is unaffected by interest rate risk, then the duration of its liabilities must equal the duration of its assets.
It should be noted that when the duration of its liabilities is shorter than the duration of its assets, the duration gap is positive and when there's a rise in interest rate, the worth of assets will be affected more.
When duration of its liabilities is longer than the duration of its assets, the duration gap is negative and when there's a rise in interest rate, the worth of liabilities will be affected more.
Finally, when the duration of its liabilities is equal the duration of its assets, its equity is unaffected by interest rate risk.
Suppose you buy 30 of the September corn futures contracts at the last price of the day. One month from now, the futures price of this contract is 464.5, and you close out your position. Calculate your dollar profit on this investment
Full question attached
Answer and Explanation:
If you buy 30 of the September corn futures contract at the closing price of 472.00(refer to the chart in picture attached)
Your total buying value = 30×472.250=14167.5
Since one month from now the corn futures contract is 464.5
Total value of your corn futures now= 30×464.5= 13935
Profit/loss=13935-14167.5= -232.5
Therefore you make a loss of $232.5
The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families:
Buildings and improvements $ 234 Goodwill $ 593
Prepaid expenses and other current assets 392 Machinery, equipment, and software 504
Allowance for doubtful accounts 16 Accumulated depreciation 509
Other noncurrent assets 658 Inventories 340
Accumulated amortization (other intangibles) 798 Other intangibles 1,123
Cash and cash equivalents 893 Land and improvements 7
Accounts receivable 1,111
Required:
Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, Property, Plant, and Equipment (net), and Other Assets. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign.)
Answer:
Hasbro, Inc.
Balance Sheet
Assets
Current Assets:
Cash and cash equivalents $893
Accounts receivable 1,111
Allowance for doubtful accounts (16) 1,095
Inventories 340
Prepaid expenses and
other current assets 392
Total current assets $2,720
Property, Plant, and Equipment (net):
Buildings and improvements $ 234
Land and improvements 7
Machinery, equipment, and software 504
Other noncurrent assets 658
Accumulated depreciation (509)
Property, Plant, and Equipment (net) $894
Other Assets:
Goodwill $ 593
Other intangibles 1,123
Accumulated amortization
(other intangibles) 798 325
Other assets $918
Total assets $4,532
Explanation:
a) Data and Calculations:
Current Assets:
Cash and cash equivalents $893
Accounts receivable 1,111
Allowance for doubtful accounts (16) 1,095
Inventories 340
Prepaid expenses and
other current assets 392
Total current assets $2,720
Property, Plant, and Equipment (net):
Buildings and improvements $ 234
Land and improvements 7
Machinery, equipment, and software 504
Other noncurrent assets 658
Accumulated depreciation (509)
Property, Plant, and Equipment (net) $894
Other Assets:
Goodwill $ 593
Other intangibles 1,123
Accumulated amortization
(other intangibles) 798 325
Other assets $918
Camden Biotechnology began operations in September 2013. The following selected transactions relate to liabilities of the company for September 2013 through March 2014. Camden's fiscal year ends on December 31.Its financial statements are issued in April.2013a. On September 5, opened checking accounts at Second Commercial Bank and negotiated a short-term line of credit of up to $15,000,000 at the bank's prime rate (10.5% at the time). The company will pay no commitment fees.b. On October 1, borrowed $12 million cash from Second Commercial Bank under the line of credit and issued a five-month promissory note. Interest at the prime rate of 10% was payable at maturity. Management planned to issue 10-year bonds in February to repay the note.c. Received $2,600 of refundable deposits in December for reusable containers used to transport and store chemical-based products.d. For the September-December period, sales on account totaled $4,100,000. The state sales tax rate is 3% and the local sales tax rate is 3%. (This is a summary journal entry for the many individual sales transactions for the period.)e. Recorded the adjusting entry for accrued interest.2014f. In February, issued $10 million of 10-year bonds at face value and paid the bank loan on the March 1 due date.g. Half of the storage containers covered by refundable deposits were returned in March. The remaining containers are expected to be returned during the next six months.Required:1. Prepare the appropriate journal entries for these transactions.2. Prepare the current and long-term liability sections of the December 31, 2013, balance sheet. Trade accounts payable on that date were $252,000.
Answer:
Cash (Dr.) $12,000,000
Short term notes payable (Cr.) $12,000,000
Cash (Dr.) $2,600
Liability of refundable (Cr.) $2,600
Interest Expense (Dr.) $250,000
Interest Payable (Cr.) $250,000
Accounts receivable (Dr.) $4,100,000
Sales Revenue (Cr.) $3,977,000
Sales Tax Payable (Cr.) $123,000
Cash (Dr.) $10,000,000
Bond Payable (Cr.) $10,000,000
Explanation:
Liability Schedule 2013,
Accounts Payable $252,000
Current Portion of notes payable $2,000,000
Interest Payable $250,000
Sales tax Payable $123,000
Liability for refundable deposit $2,600
Total Current Liability $2,627,600
An FI purchases at par value a $100,000 Treasury bond paying 10 percent interest with a 7.5 year duration. If interest rates rise by 4 percent, calculate the bond's new value. Recall that Treasury bonds pay interest semiannually. Use the modified duration valuation equation.
Answer:
The bond's new value is $70,000
Explanation:
First calculate the percentage change in the value of the bond
Duration = Percentage change in price / Percentage change in yield
Percentage change in price = Duration x Percentage change in yield
where
Duration = 7.5 years
Percentage change in yield = 4%
Percentage change in price = ?
Placing value sin the formula
Percentage change in price = 7.5 x 4%
Percentage change in price = 0.30
Percentage change in price = 30%
As we know that the value of the bond and the yield rate are inversely proportional to each other, If the yield rate increases the value of the bond decreases due to the discounting factor used in the valuation o the bond.
Hence, the value of the bond is calculated as follow
Value of the bond = Par value of the bond x ( 1 - per centage of change in the price of the bond
Value of the bond = $100,000 x ( 1 - 30% )
Value of the bond = $100,000 x 0.70
Value of the bond = $70,000
MSI has been approached by a fourth-grade teacher from Portland about the possibility of creating a specially designed game that would be customized for her classroom and environment. The teacher would like an educational game to correspond to her classroom coverage of the history of the Pacific Northwest, and the state of Oregon in particular. MSI has not sold its products directly to teachers or school systems in the past, but its Marketing Department identified that possibility during a recent meeting.
The teacher has offered to buy 1,000 copies of the CD at a price of $5 each. MSI could easily modify one of its existing educational programs about U.S. history to accommodate the request. The modifications would cost approximately $500. A summary of the information related to production of MSI’s current history program follows:
Direct materials $ 1.50
Direct labor 0.60
Variable manufacturing overhead 2.25
Fixed manufacturing overhead 2.00
Total cost per unit $ 6.35
Sales price per unit $ 12.00
Required:
1. Compute the incremental profit (or loss) from accepting the special order.
2. Should MSI accept the special order?
Yes
No
3. Suppose that the special order had been to purchase 1,000 copies of the program for $4.50 each. Compute the incremental profit (or loss) from accepting the special order under this scenario.
4. Suppose that MSI is operating at full capacity. To accept the special order, it would have to reduce production of the history program. Compute the special order price at which MSI would be indifferent between accepting or rejecting the special order. (Round your answer to 2 decimal places.)
Answer:
1. The incremental profit from accepting the special order is $150.
2. Yes, MSI should accept the special order. This is because it will increase profit by $150.
3. The incremental loss from accepting the special order is $350.
4. The special order price at which MSI would be indifferent between accepting or rejecting the special order is $12.50 per unit.
Explanation:
Note that only variable costs are relevant to making decision on a special order. That is, fixed cost is not relevant. Therefore, we have:
Total variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead = $1.50 + $0.60 + $2.25 = $4.35.
We then proceed as follows:
1. Compute the incremental profit (or loss) from accepting the special order.
Incremental profit (or loss) = ((Special order price per unit - Total variable cost per unit) * Units of special order) - Modification cost = (($5 - $4.35) * 1,000) - $500 = $150
Therefore, the incremental profit from accepting the special order is $150.
2. Should MSI accept the special order?
Yes, MSI should accept the special order. This is because it will increase profit by $150.
3. Suppose that the special order had been to purchase 1,000 copies of the program for $4.50 each. Compute the incremental profit (or loss) from accepting the special order under this scenario.
Incremental profit (or loss) = ((Special order price per unit - Total variable cost per unit) * Units of special order) - Modification cost = (($4.50 - $4.35) * 1,000) - $500 = ($350), or –$350
Therefore, the incremental loss from accepting the special order is $350.
4. Suppose that MSI is operating at full capacity. To accept the special order, it would have to reduce production of the history program. Compute the special order price at which MSI would be indifferent between accepting or rejecting the special order. (Round your answer to 2 decimal places.)
This can be calculated as follows:
Modification cost per unit = Modification cost / Units of special order = $500 / 1,000 = $0.50
Special order price = Regular price + Modification cost per unit = $12 + $0.50 = $12.50 per unit
Therefore, the special order price at which MSI would be indifferent between accepting or rejecting the special order is $12.50 per unit.
Zero Calories Company has 16,000 shares of cumulative preferred 1% stock, $40 par and 80,000 shares of $150 par common stock. The following amounts were distributed as dividends:
Year 1 $21,600
Year 2 4,000
Year 3 100,800
Determine the dividends per share for preferred and common stock for each year.
If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for Group of answer choices higher expected CTR more positive landing page experiences by searchers lower bounce rate ad relevance
Answer:
If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for
ad relevance.
Explanation:
Ad relevance is a component that gives an advertiser higher quality score. It is an indication that the keyword is optimized to meet the customer's search query. It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page. It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.
Net income was $35,000. Issued common stock for $64,000 cash. Paid cash dividend of $14,600. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. Paid $12,000 cash to acquire its treasury stock. Purchased equipment for $39,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
Answer:
- $76,600
Explanation:
cash flows from financing activities - $76,600
Select a commercial or Public Service Announcement (PSA) that uses an emotional appeal/Pathos.
Identify the organization along with the topic/issue presented in the PSA or commercial.
Using the information in this section, how would you characterize the way it persuades listeners with emotion?
Is it effective in persuading you as a listener? Why or why not?
Include a Reference page citing the source in APA format.
Write your response in a letter form.
Answer:
An announcement that applies an emotional appeal attempts to urge an emotional reaction from the general public so on suits the message contained within the announcement.
Select a commercial or public service announcement that uses an emotional appeal.
A public service announcement that shows the aftermath of environmental pollution
Using the information in this section, how would you characterize the way it persuades listeners with emotion?
When the general public feels guilty about not having the ability to try to do something about environmental degradation, there'll be a change from the utilization of inorganic to the use of organic materials. When companies that pollute the environment are charged or closed down, and when the people resort to planting more trees.
Is it effective in persuading you as a listener?
Yes.
Why or why not?
It is very effective in persuading because the listeners put themselves in the situation and feel the effect of not taking care of the environment.
Discuss your findings with your classmates.
When people feel guilty for not taking care of the environment, they're going to take social action aimed toward correcting things. The people imagine how the planet is going to be like 50 years from now and picture how their children and grandchildren will survive. they're therefore compelled to try to do something so on contribute to environmental protection and to support the ecology.
Which of the following statements is incorrect? Employment insurance compensation encourages longer job searches, which may lead to a better match between jobs and employees. Employment insurance compensation increases the opportunity cost of being unemployed. The typical employment insurance compensation is roughly one third of one's latest salary for up to 26 weeks. Demand and supply curves for labor are constantly shifting.
Answer:
Employment insurance compensation increases the opportunity cost of being
unemployed.
Explanation:
The Employment insurance program is the benefit that is provided temporarily to the people who do not have jobs or had lost their jobs of no fault of their own. This program helps the unemployed with financial help temporarily so that they can survive and search for another jobs.
The compensations provided from the employment insurance encourages the people for a longer job search and better match between the employees and the jobs. This financial aid is provided for up to a maximum of 26 months and for 1/3rd of one's latest salary. The demand and supply curve for te labor is shifting constantly.
Thus the incorrect statement is :
Employment insurance compensation increases the opportunity cost of being
unemployed.
Here are data on two companies. The T-bill rate is 4% and the market risk premium is 6%.What would be the fair return for $1 Discount Store according to the capital asset pricing model (CAPM)
Answer:
13%
Explanation:
Please find attached a table containing further information needed to answer this question
According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
Expected rate of return = risk free + beta x market premium
Beta measures systemic risk
The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
4% + (1.5 x 6%) = 13%
everyone makes mistakes sometimes. when we ask your most recent manager what types of mistakes you would be least likely to make on the job what will they say
Answer:
needs to be more spefic
Explanation:
Gwen plans to retire in 3 years with $426,000 in her account, which has an annual return of 6.29 percent. If she receives annual payments of X, with her first payment of X received in 4 years and her last payment of X received in 9 years, then what is X, the amount of each payment? Number Emerson plans to retire in 3 years with $296,000 in his account, which has an annual return of 10.13 percent. If he receives payments of $60,700 per year and he receives his first $60,700 payment in 4 years, then how many payments of $60,700 can Emerson expect to receive? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).
Answer:
Q1. $87,423
Q2. 7.06
Explanation:
Q1. Calculation to determine what is X, the amount of each payment
Using Financial calculator to find X
End mode,
N = 6
% = 6.29%
PV= -$426,000
FV = 0
Hence:
X = 87,423
Therefore X, the amount of each payment will be
Q2. Calculation to determine how many payments can Emerson expect to receive
Using Financial calculator
End mode,
%= 10.13%
PV = -$296,000
PMT =$60,700
FV = 0
Hence,
Payment = 7.06
Therefore how many payments can Emerson expect to receive will be 7.06
The privately-owned school system in Smalltown has a virtually unlimited capacity. It accepts all applicants and operates on both tuition and private donations. Although every resident places value on having an educated community, the school's revenues have suffered lately due to a large decline in private donations from the elderly population. Since the benefit that each citizen receives from having an educated community is a public good, which of the following would not be correct?
a. The free-rider problem causes the private market to undersupply education to the community
b. The govemment can potentially help the market reach a socially optimal level of education.
c. A tax increase to pay for education could potentially make the community better off.
d. The private market is the best way to supply education.
Answer:
A
Explanation:
The privately-owned school system in Smalltown generates positive externality to members of SmalltownA good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
The free rider has caused a decline in revenues and did not cause the private market to undersupply education to the community
rt, a $0.73 per share cash dividend was declared by the board of directors for it common stock. On 12/31, the date of declaration, there were 98,000 shares authorized, 59,000 shares issued, and 8,000 Treasury shares. On the date of the dividend declaration, what amount will Walmart record into their dividend account
Answer:
$36,792
Explanation:
Missing word "At Walmart, the board of directors declared a $0.73"
Outstanding stockholder = Issued stockholder - Treasury stock
Outstanding stockholder = 59,000 shares - 8,600 shares
Outstanding stockholder = 50,400 shares
Amount of Dividend = Declared per share cash dividend * Outstanding stockholder
Amount of Dividend = 50,400 shares * $0.73
Amount of Dividend = $36,792
So therefore, on the date of the dividend declaration, $36,792 shall be recorded by Walmart into their dividend account.
Depreciation, in accounting, is a process that results in: Multiple Choice an accurate measurement of the economic usefulness of an asset. depreciable assets being reported in the balance sheet at their fair value. accumulating cash for the replacement of the asset.
Answer:
spreading the cost of an asset over its useful life to the entity.
Explanation:
The depreciation is a non-cash expense that should be charged over the fixed assets i.e. land, buidling, car, etc
It is an expense so the same should be shown on the debit side of the income statement
Also the cost of an asset minus the salvage value divided by the useful life could be spreaded as the depredciation expense by using straight-line method
Spanolia LLC is estimating its WACC. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for 1,000 USD. The firm's marginal tax rate is 40 percent. What is the after-tax cost of debt? Answer in % terms to 2 decimal places w/o the % sign.
Answer:
Spanolia LLC
The after-tax cost of debt is:
= 7.20%.
Explanation:
a) Data and Calculations:
Coupon interest rate of bonds = 12%
Maturity period = 20 years
Selling price = $1,000
Firm's marginal tax rate = 40%
After-tax cost of debt = Coupon interest rate * (1 - tax rate)
= 12% * (1 - 0.4)
= 12% * 0.6
= 7.20%
b) Spanolia's after-tax cost of debt is derived by multiplying the cost of debt by the after-tax rate. The after-tax cost of debt represents the interest that Spanolia LLC pays on the bonds less the income tax savings that it gains because interest expenses are tax-deductible.
Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for a magazine publisher: a. Paper used for the magazine b. Wages of printing machine employees c. Glue used to bind magazine d. Maintenance on printing machines
Answer:
a. Paper used for the magazine = prime cost (P)
b. Wages of printing machine employees = both (B
c. Glue used to bind magazine = prime cost (P)
d. Maintenance on printing machines = conversion cost (C)
Explanation:
prime cost (P), conversion cost (C), or both (B) are cost of a manufacturing business.
8. In the short run, there is a negative relationship between inflation and employment. A: True B. False
Answer: False
In the short-run, inflation and unemployment are inversely related; as one quantity increases, the other decreases. In the long-run, there is no trade-off. In the 1960's, economists believed that the short-run Phillips curve was stable.
Explanation:
https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/
1. A time study analyst timed an assembly operation for 30 cycles, and then computed the average time per cycle, which was 18.75 minutes. The analyst assigned a performance rating of .96, and decided that an appropriate allowance was 15%. Assume the allowance factor is based on the workday. Determine the following: observed time (OT), the normal time (NT), and the standard time (ST)
Answer:
1. observed time = 18.75 minutes.
2. Normal time = 18 minutes
3. Standard time = 21.17 minutes
Explanation:
1. The observed time will be equal to the average time per cycle, which was given in the question as 18.75 min. Therefore, observed time = 18.75 minutes.
2. The normal time will be:
= Average Time x Performance Rating
= 18.75 x 0.96
= 18 minutes
3. The standard time will be:
= Normal time × 1/(1 - 15%)
= Normal time × 1/(1 - 0.15)
= 18 × 1/0.85
= 18 × 1.176
= 21.17 minutes
The following data relate to a company that produces and sells a travel guide that is updated monthly: Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is:
Answer:
10.30
Explanation:
20
8000
160 000 June
10000
200 000 July
20 - 3.20 -4 - .50 -2 = 10.30
costs:Printing and binding...............................$3.20 per copyBookstore discounts................................$4.00 per copySalespersons’ commissions....................$0.50 per copyAuthor’s royalties...................................$2.00
BK Books is an online book retailer that also has 10,000 "bricks and mortar" outlets worldwide. You are a risk-neutral manager within the CorporateFinance Division and are in dire need of a new financial analyst. You onlyinterview students from the top MBAprograms in your area. Thanks to yourscreening mechanisms and contacts, the students you interview ultimately dif-fer only with respect to the wage that they are willing to accept. About 5 per-cent of acceptable candidates are willing to accept a salary of $60,000, while95 percent demand a salary of $110,000. There are two phases to the inter-view process that every interviewee must go through. Phase 1 is the initialone-hour on-campus interview. All candidates interviewed in Phase 1 are alsoinvited to Phase 2 of the interview, which consists of a five-hour office visit.In all, you spend six hours interviewing each candidate and value this time at$750. In addition, it costs a total of $4,250 in travel expenses to interview each candidate. you are very impressed with the first interviewee completing both phases of bk books’s interviewing process, and she has indicated that her reservation salary is $110,000. should you make her an offer at that salary or continue the interviewing process? explain.
Answer: Therefore, we should make her an offer at that salary
Explanation:
Based on the information given in the question,
Lowest salary = $60,000
Highest salary = $110,000
Expected Benefit = 5% × ($110,000 - $60,000) = 5% × $50,000 = $2500
The cost of conducting another interview will be:
= cost of time + cost of travel
= $750 + $4250
= $5000
Since the cost of conducting the additional interview is more than the expected benefit, therefore the interviewee should be hired rather than continuing the interviewing process.
Therefore, we should make her an offer at that salary.
You invested $5,000 in the stock market one year ago. Today, the investment is valued at $5,500. What return did you earn? What return would you suffer next year for your investment to be valued at the original $5,000?A. 10%, -9.09%, respectivelyB. -10%, +9.09%, respectivelyC. 110%, -10%, respectivelyD. 110%, -9.09%, respectively
Answer:
A
Explanation:
Rate of return in one period = (value in year 1 / initial value) - 1
(5500 / 5000) - 1 = 0.1 = 10%
(5000 / 5500) - 1 = -9.09%
When the pressure for local responsiveness is strong and the pressure for coordination is weak for multinational corporations in an industry, the industry will tend to become:___________
A) global
B) consolidated
C) multidomestic
D) risky
E) indigenous
Assume that the current price of a stock is $100. A call option on that stock with an exercise price of $97 costs $7. A call option on the stock with the same expiration and an exercise price of $103 costs $3. Using these options what is the expiration profit of a bear call spread if the stock price is equal to $110
Answer:
-2
Explanation:
According to the liquidity preference model, the equilibrium interest rate is determined by the: International Monetary Fund. supply of and demand for money. supply of and demand for loanable funds. level of investment spending and saving.
Answer:
Supply of and demand for money.
Explanation:
The equilibrium interest rate is determined by the demand and supply of the money. The interest rate is represented by the verticle axis of the graph and supply and demand for money is represented by the horizontal axis. Thus, the point of intersection between supply curve and demand curve determines the equilibrium interest rate.
The manager of an air conditioning manufacturing plant wants to train their service installers on the steps to follow to install the new units. Which visual aid listed below is the best option?
Answer: can you please provide me with some options
Explanation:
No options are listed
Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note that the winnings are nominal figures (unadjusted for inflation).
Year Golfer Nominal Winnings (Dollars) U.S. CPI (1983 = 100) Winnings in 2009 Dollars
1965 Jack Nicklaus 140,752 31.5
1970 Lee Trevino 157,037 38.8
1982 Craig Stadler 446,462 96.5
2009 Tiger Woods 10,508,163 214.5 10,508,163
Fill in the missing values in the table above.
Answer:
Professional Golfers' Association of America (PGA)
Winnings at Different Points in Time
Year Golfer Nominal U.S. CPI Winnings
Winnings (Dollars) (1983 = 100) in 2009 Dollars
1965 Jack Nicklaus 140,752 31.5 958,454
1970 Lee Trevino 157,037 38.8 868,156
1982 Craig Stadler 446,462 96.5 992,395
2009 Tiger Woods 10,508,163 214.5 10,508,163
Explanation:
a) Data and Calculations:
Year Golfer Nominal U.S. CPI Winnings
Winnings (Dollars) (1983 = 100) in 2009 Dollars
1965 Jack Nicklaus 140,752 31.5
1970 Lee Trevino 157,037 38.8
1982 Craig Stadler 446,462 96.5
2009 Tiger Woods 10,508,163 214.5 10,508,163
Calculating the missing values:
Year Golfer Nominal U.S. CPI Winnings
Winnings (Dollars) (1983 = 100) in 2009 Dollars
1965 Jack Nicklaus 140,752 31.5 958,454 (140,752*214.5/31.5)
1970 Lee Trevino 157,037 38.8 868,156 (157,037*214.5/38.8)
1982 Craig Stadler 446,462 96.5 992,395 (446,462*214.5/96.5)
2009 Tiger Woods 10,508,163 214.5 10,508,163
