Entries by mary WAMBUGU

1. Shamrock Company had net income of $30,000. On January 1, there were 8,000 shares of common stock outstanding.

1. Shamrock Company had net income of $30,000. On January 1, there were 8,000 shares of common stock outstanding. On April 1, the company issued an additional 2,000 shares of common stock. There were no other stock transactions. The company has an earnings per share of: (Points : 2) $3.75 $3.00 $3.33 $15.00 $3.16 2. […]

 

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The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them.

Johnnie & Sons Paints Inc. Capital Budgeting Decision SAMPLE PROJECT The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchasing them. The equipment needed would cost $200,000, with a disposal value of $40,000, and would be able to […]

 

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Hampton Company: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the cans instead of purchasing them.

Capital Budgeting Decision Here is Project 2: Hampton Company: The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the cans instead of purchasing them. The equipment needed would cost $1,000,000, with a disposal value of $200,000, and would be able to produce 27,500,000 […]

 

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A forestry company planted a population of Douglas fir trees 30 years ago.

Question A forestry company planted a population of Douglas fir trees 30 years ago.  Today, the trunk />diameters of these trees have a mean of 6.87 inches and a standard deviation of 1.07 inches.  a. Suppose you randomly sample 40 of these fir trees and measure their trunk diameters.What is the probability of getting a sample mean diameter greater than 7.5 inches?b. Did you need […]

 

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