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A Travel Weekly International Air Transport Association survey asked business travelers about the purpose for their most recent business trip. 19% responded that it was for an internal company visit. Suppose 950 business travelers are randomly selected.
a. What is the probability that more than 25% of the business travelers say that the reason for their most recent business trip was an internal company visit?
b. What is the probability that between 15% and 20% of the business travelers say that the reason for their most recent business trip was an internal company visit?
c. What is the probability that between 133 and 171 of the business travelers say that the reason for their most recent business trip was an internal company visit?
Alice is self-employed in 2013. Her net business profit on her Schedule C for the year is $140,000. What is her self-employment tax liability for 2013
A Life Insurance Co. is offering you a policy that will pay you and your heirs $10,000 per year forever, with the first payment coming 25 years from today. If the interest rate is 5%, how much will you pay for the policy
Truman industries is considering an expansion. The necessary equipment would be purchased for $9 million, and it would also an additional $3 million investment in working capital. The tax rate is 40 percent.
Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth rate falling off to a constant 8 percent thereafter. If the required return is 11 percent and the company just paid a dividend of $1.45
The current market price of stock A is $20 per share. I sell short 100 shares with initial margin requirement of 50%. One year later, the stock price is 18$ and paid dividend equal to $1 per share.
Morris Leste, owner of Carlson Company, has three employees who earn $400, $500, and $700 per week. What are the total state and federal unemployment taxes that Morris owes for the first 11 weeks of the year and for week 30
during the period before retirement you can earn 8% annually, while after retirement you can earn 10% on your money. What annual contributes to the retirement fund will allow you to recieve the $12,000 annuity
Suppose that there is a 1% probability that operational risk losses of a certain type exceed $10 million. Use the power law to estimate the 99.97% worst-case operational risk loss when the parameter
Accounts receivable as collateral, cost of borrowing Maximum Bank has analyzed the accounts receivable of Scientific Software, Inc. The bank has chosen eight accounts totaling $134,000 that it will accept as collateral.
Given that Dov Pharmaceuticals was down by 98% for 2006, why did some investors hold the stock. Why didn't they sell out before the price declined so sharply.
Jim Company bought a machine for $34,800 with an estimated life of 3 years. The residual value of the machine is $10,160. This machine is expected to produce 123,200 units.
Analyze the following scenario: The Unified Path is an umbrella organization that solicits donations to support its many charitable suborganizations. One of these is the Millbridge Family Service (MFS).
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