Gul Shores in s comparing two separate captel sructures: The…

Gul Shores in s comparing two separate captel sructures: The fr stucture consio0,000 hares of tock ndecz The secnd srucue contets of debt. What is the price per share of equity? o shurerer mocs O $88.94 O $78.66 O $84.71 O$68.82 O $72.10

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The Golden Eagle Corporation (with a marginal tax rate of 29…

The Golden Eagle Corporation (with a marginal tax rate of 29%) has the following items on their income and balance sheets (values in tables are in thousands: Balance Sheet Items Assets) Last Year Two Years Ago Cash Accounts Receivable 560 500 Inventory 480 440 285 280 4700 5020 Total Current Assets Fixed Assets Depreciation Net Fixed Assets 2375 2056 Balance Sheet Items (Liabilities) Accounts Payable Notes Payable Total Current Liabilities Long Term Liabilities 1050 Total Liabilities Preferred Stock Common Stock Retained Earnings Total Liabilities and Equity 550 560 86 94 990 100 100 339 339 1370 1075 Income Statement Items Past Year Two Years Ago Sales Cost of Goods Sold Operating Expenses Interest Paid Taxes Paid Preferred Stock Dividends Paid 99 3180 2800 1920 1750 585 530 94 84 85 80 23 What is the Fixed Payment Coverage Ratio for last year for Golden Eagle? (Express answer as XXxx) Your Answer Answer

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Week 2 Worksheet

Week 2 Practice Worksheet 

Provide a response to the following prompts.

1. The Wilcox & Keselman (2003) article from this week’s electronic readings discusses two problems with measures of central tendency: skewness of the data and outliers. Discuss each of these issues and how they affect measures of central tendency.

2. How do the sample mean and the population mean differ? What is the symbol for each type of mean?
 

3. An expert reviews a sample of 10 scientific articles (n = 10) and records the following numbers of error in each article: 0, 4, 2, 8, 2, 3, 1, 0, 5, and 7.
 

a. Compute the mean, median, mode, sum of squares (SS), the variance, and the standard deviation for this sample using the definitional and computational formulas. You may use Microsoft® Excel® data anlysis to compute these statistics and copy your output into this worksheet.

Explain, to a person who has never had a course in statistics what you have done.
 

b. Note the ways in which the means and standard deviations differ, and speculate on the possible meaning of these differences, presuming they are representative of U.S. governors and large corporations’ CEOs in general.

4. A researcher records the levels of attraction for various fashion models among college students. He finds that mean levels of attraction are much higher than the median and the mode for these data.
 

a. What is the shape of the distribution for the data in this study?
 

b. What measure of central tendency is most appropriate for describing these data? Why?

5. On a standard measure of hearing ability, the mean is 300, and the standard deviation is 20. Provide the Z scores for persons whose raw scores are 340, 310, and 260. Provide the raw scores for persons whose Z scores on this test are 2.4, 1.5, and -4.5.
 

6. Using the unit normal table, find the proportion under the standard normal curve that lies in the tail for each of the follow useing table starting on page 673 (Hint: Remember to change all percents to decimals):
 

a. Z = 1.00  

b. Z = -1.05  

c. Z = 0   

d. Z = 2.80  

e. Z = 1.96  

7. Suppose the scores of architects on a particular creativity test are normally distributed. Using a normal curve table (pp. 673-676 of the text), what percentage of architects have Z scores

a. above .10?  

b. below .10?  

c. above .20?  

d. below .20?  

e. above 1.10?  

f. below 1.10?  

8. A statistics instructor wants to measure the effectiveness of his teaching skills in a class of 102 students (N = 102). He selects students by waiting at the door to the classroom prior to his lecture and pulling aside every third student to give him or her a questionnaire. 

Is this sample design an      example of random sampling? Explain. 

Assuming that all students attend his class that day, how many students will the instructor select to complete his questionnaire?

9. Suppose you were going to conduct a survey of visitors to your campus. You want the survey to be as representative as possible.

a. How would you select the people to survey? 

b. Why would that be your best method?

10. In a school band, 9 kids play string instruments, 10 kids play woodwind instruments, 7 kids play brass instruments, and 4 kids play percussion instruments. 

a. What is the probability that you randomly select a kid who plays a string or percussion instrument? 

b. What is the probability that you randomly select a kid who does not play a brass instrument?

 

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Given the following information calculate the WACC for Stigu…

Given the following information calculate the WACC for Stigum Inc. Assume the firm has a tax rate of 35%. Debt: 220,000 bonds outstanding with 3.5% coupon rate. Par value of $1,000 per bond, 10 years to maturity, selling for 105% of par, the bonds make semi-annual payments. Flotation costs are $5 per bond. Common stock: 7,500,000 shares outstanding, trading for $61.25 per share. The beta is 1.33 Preferred stock: 1,000,000 shares of 8% preferred stock outstanding, currently selling for $134 per share, face value of $100 per share. Flotation costs are $4 per share. Market: 12% expected return on the market and 3.5% risk free rate Calculate the weighted average cost of capital. (Enter percentages as decimals and round to 4 decimals)

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