Consider the Demand for Microwave Ovens dataset. What is the total demand corresponding to random numbers 47, 43, 99, 57, 95, and 36?
a. 16
b. 17
c. 18
d. 19
c. 18
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Consider the data in problem 2 and perform a scenario analysis using the percentages of change for the same uncertain variables and the probabilities for each scenario given in the following table:
a) Determine the payback period, discounted payback period, NPV, PI, IRR, and MIRR of this project under each scenario.
b) Determine the expected NPV, PI, and IRR, and the corresponding standard deviation, coefficient of variation, and the probability of a negative NPV, a PI equal to 1, and an IRR equal to the firm’s IRR.
c) Perform a Monte Carlo simulation with 1,000 trials to determine the expected NPV. Also determine the standard deviation of the expected NPV. The uncertain variables and their probability distributions are given in the following table:
d) Create a histogram using the Histogram chart type, showing the probability distribution of NPV.
e) Using the output of the simulation, determine the probability that the NPV will be less than or equal to zero. Compare your results with those of part (a).
Which of the following is an accurate overall label for the terms postulates and principles?
a. Constraints b. Concepts c. Axioms d. Conventions
Horton Company adopted a standard cost system several years ago. The standard costs for the prime costs of its single product are as follows: Material: 8 kilograms @ $5 per kilogram$40.00 Labor: 6 hours @ $8.20 per hour$49.20 The following operating data were taken from the records for November: Units completed 5,600unitsBudgeted output 6,000unitsPurchase of materials 50,000kilogramsTotal actual labor costs$300,760 Actual labor hours 36,500hoursMaterial efficiency (quantity) variance$1,500unfavorableTotal material variance$750unfavorableRequired:(Be sure to indicate whether the variances are favorable or unfavorable and show your work.) a. What is the direct labor rate variance for November?b. What is the direct labor efficiency variance for November?c. What is the
actual kilograms of material used in the production process during November?d. Assume the purchasing department is responsible for the material price variance, what is the actual price paid per kilogram of material during November (assume no increase/decrease in inventory during the month)? What will be an ideal response?
Brink Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017 2017 2016 Cash and Receivables $75,000 $145,000 Merchandise Inventory 215,000 170,000 Property, Plant and Equipment, net 750,000 800,000 Total Assets $1,040,000 $1,115,000 Total Liabilities $495,000 $435,000 For the vertical analysis, what is the percentage of current assets as of December 31, 2017? (Round your answer to two decimal places.)
A) 27.88% B) 28.25% C) 39.38% D) 38.67%