Reference no: EM13941887
Instructor Graded Assignment
Equations
Unit 2 focuses on equations and how to solve them, which is covered in your reading from Chapter 5: "Equations."
For this Assignment, you will write a one-page, four-paragraph essay explaining an equation you will develop. Your essay must be carefully planned and written using well-constructed sentences and paragraphs. Make sure that your grammar and spelling are correct. Points will be awarded for content as well as composition. Your essay must be a minimum of 1 page in length with standard 1 inch margins and is required to have at least one reference from a reliable source. This means that you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers and that only references from reliable sources will earn points. All resources should be cited both as an in-text citation as well as being listed on a reference page in APA format.
Assignments must be submitted as a Microsoft® Word® document and uploaded to the Dropbox for Unit 2. Include your essay directly in this document following the instructions.
Essay Assignment
Equations are around us in everyday life. For example, if you have $30 at a baseball game and you go to the concession stand for hot dogs and hamburgers, and hot dogs are $3 each and hamburgers are $5 each, how many of each can you purchase? There isn't just one answer.
Your Assignment is to create your own equation in a business setting. Present the equation in an essay type format.
1. In the first paragraph, introduce your equation, tell what your variables represent, and tell what the equation represents.
2. In the second paragraph, present two solutions to your equation.
3. In the third paragraph, discuss how and when equations are used in business transactions and give at least two examples.
4. In the final paragraph, state your conclusions.
Your essay should be complete and cover each point as outlined above. Be sure to include at least one text citation.
You may submit your Assignment to the Math Center for review. Tutors will not grade or correct the Assignment, but they will provide guidance for improvement. In addition, tutors will not help you find websites for the Assignment. Be sure to submit Assignments early enough to receive feedback and make corrections before the Assignment due date (24 hour turn-around times Monday-Thursday and 48 hour turn-around times on weekends are typical). Email Assignments to: [email protected]. Please put "MM255 Assignment Review" in the subject line of the message.
What is the current yield or cost of the preferred stock
: Wallace Container Company issued $100 par value preferred stock 10 years ago. The stock provided a 5 percent yield at the time of issue. The preferred stock is now selling for $60. What is the current yield or cost of the preferred stock?
|
Common stock-additional paid-capital-retained earnings
: Common Products has just made its first issue of stock. It raised $1.8 million by selling 100,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was $2. Complete the following table: Common stock (pa..
|
That direct labor hours drive overhead costs
: Martinez Products, Inc. is a manufacturing company that uses a predetermined overhead rate to apply overhead to individual jobs. The company believes that direct labor hours drive overhead costs.
|
Shares can be issued without the approval of shareholders
: The authorized share capital of the Alfred Cake Company is 110,000 shares. The equity is currently shown in the company’s books as follows: Common stock ($2 par value) $ 73,000 Additional paid-in capital 23,000 Retained earnings 43,000 Common equity ..
|
Equations
: Write a one-page, four-paragraph essay explaining an equation you will develop. Your essay must be carefully planned and written using well-constructed sentences and paragraphs. Make sure that your grammar and spelling are correct. Points will be awa..
|
What is the balance of accounts receivable
: What amount of bad debts expense will LaFond report for 2010? What is the balance of accounts receivable that it reports on its December 31, 2010 balance sheet?
|
Compute the cost of retained earnings
: Murray Motor Company wants you to calculate its cost of common stock. During the next 12 months, the company expects to pay dividends (D1) of $1.60 per share, and the current price of its common stock is $32 per share. Compute the cost of retained ea..
|
Compute the aftertax cost of preferred stock
: The treasurer of Riley Coal Co. is asked to compute the cost of fixed income securities for her corporation. Even before making the calculations, she assumes the aftertax cost of debt is at least 1 percent less than that for preferred stock. Compute ..
|
For the best terms on a loan or credit card
: For the best terms on a loan or credit card, you need a credit score above 700. To achieve this, start establishing credit now. Pay all of your bills on time. In addition, use only one-third of your available credit limit and pay off your revolving b..
|