An accountant knows that 60% of the firm’s clients are women,
35% of the firm’s clients invest in bonds,
and that among these, 25% of the firm’s clients are women investing
in bonds.
What percent of the firm’s clients are either women or invest in
bonds?
(Write your answer as a number without the % sign; eg: 35)
An accountant knows that 60% of the firm’s clients are women, 35% of the firm’s clients...
Case Narrative: The firm’s tax rate is 35%. The company has $2,000,000 in annual sales, and annual fixed expenses of $1,100,000 and $500,000 in variable expenses. There was an initial investment in the firm of $1,500,000, which will be depreciated straight-line over 10 years. The project is expected to last 10 years. The firm has a Capital Structure as follows: The market value of the bonds is $2,000,000. The market value of the Preferred Stock is $1,000,000. The market value...
2. Suppose a study followed 1000 women aged 25-45 (when the study began) over 6 years and found that 50 acquired bacteriuria. a) Find a 95% confidence interval for the expected number of bacteriuria cases per 1000 women within 6 years. b) Find a 95% confidence interval for the incidence of bacteriuria per person-year. c) What is a 95% confidence interval for the incidence of bacteriuria per 100 person- years. 3. A study looked at the subgroup of 50-to 55-year-old...
Citee Corp. has no debt but can borrow at 5.6 percent. The firm’s WACC is currently 9.4 percent, and the tax rate is 25 percent. a. What is the company’s cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the firm converts to 35 percent debt, what will its cost of equity be? (Do not round intermediate calculations and enter your answer as a...
4 Paints Question 3 The Lady Mustangs played 35 games and lost only 2 of them. What percent of the games did they lose. Round your answer to the nearest rent of a percent. Enter only the value without the percent sign, Add your ansvet
Fill in the missing information in the following table. Assume that Portfolio AB IS 60 percent invested in Stock A. (Round your answer to 2 decimal places. Negative amounts should be indicated by a minus sign. Omit the "%" sign in your response.) Annual Returns on Stocks A and B Stock A Stock B Year Portfolio AB 16% 35% -17% 2006 2007 2008 2009 2010 Avg return Std deviation 24% -35% 45% 17% 25% 15% 27% 16.00% od
s tax rate is 35 percent 9.000 8 percent coupon bonds outstanding. $1,000 par value, 25 years to maturity, selling for 102 5 percent af par, the bonds make semiannual paymonts Debt Common stock 215,000 Prefened stock 12,500 shares of 5, 75 percent preferred stock outstanding, currently selling for $97 50 per share Market shares outstanding, selling for $83 50 per share, beta is 1.20 7 percent market risk premium and 4 8 percent nsk-free rate Calculate the company's WACC....
4. Breast cancer occurs most frequently among older women, Of all age groups, women in their 60s have the highest rate of breast cancer. It is estimated that 3.7% of women in their 60s get breast cancer. Mammograms are X-ray images of the breast used to detect breast cancer. A mammogram can typically identify correctly 84.9% of cancer cases (sensitivity 84.9%) and 95.13% of cases without cancer (specificity = 95%). (This is exactly like problem #11) First write down the...
After completing its capital spending for the year, Carlson Manufacturing has $1,600 extra cash. Carlson’s managers must choose between investing the cash in Treasury bonds that yield 7 percent or paying the cash out to investors who would invest in the bonds themselves. a. If the corporate tax rate is 35 percent, what personal tax rate would make the investors equally willing to receive the dividend or to let Carlson invest the money? (Do not round intermediate calculations. Enter...
A mail-order firm processes 4,500 checks per month. Of these, 60 percent are for $35 and 40 percent are for $67. The $35 checks are delayed two days on average; the $67 checks are delayed three days on average. Assume 30 days per month. a-1. What is the average daily collection float? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a-2. How do you interpret your answer? b-1. What is the weighted...
35 The percent of fat calories that a person in America consumes each day is normally distributed with a mean of about of 1 2.5 . Suppose that one individual is randomly chosen. Let X = percent of fat calories. and a standard deviation In each appropriate box you are to enter either a rational number in "p/q" format or a decimal value accurate to the nearest 0.01. a. (.25) X~ (pick one) b. (.25) The probability that a person...