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Scorpion4ik [409]
3 years ago
11

Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you ca

n probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below. Assume that the population of x values has an approximately normal distribution. 96 171 128 92 75 94 116 100 85 (a) Use a calculator with mean and sample standard deviation keys to find the sample mean startup cost x and sample standard deviation s. (Round your answers to one decimal place.) x = 106.3 Correct: Your answer is correct. thousand dollars s = 28.9 Correct: Your answer is correct. thousand dollars (b) Find a 90% confidence interval for the population average startup costs μ for candy store franchises. (Round your answers to one decimal place.) lower limit thousand dollars upper limit thousand dollars
Mathematics
1 answer:
icang [17]3 years ago
3 0

Answer:

approximately normal distribution.

95

171

134

91

75

94

116

100

85

x bar=106.8

s=29.6

(b) Find a 90% confidence interval for the population average startup costs μ for candy store franchises. (Round your answers to one decimal place.)

lower limit?    

upper limit?

Step-by-step explanation:

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A firm has a beta of 1.3 and a debt-to-equity ratio of .4. The market rate of return is 11.6
Citrus2011 [14]

Beta= 1.3

Debt to equity ratio= 0.4

Market rate of return= 11.6%

= 11.6/100

= 0.116

Tax rate= 32%

= 32/100

= 0.32

Risk free rate=  3.3%

= 3.3/100

= 0.033

Pretax cost of debt= 7.2%

= 7.2/100

= 0.072

The firm's WACC can be calacluated as follows

RS= 0.033+1.3(0.116-0.033)

= 0.033+1.3(0.083)

= 0.033+0.1079

= 0.1409

WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)

= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)

= 0.1006+0.0699

= 0.1705(100)

= 17.05%

Hence the firm's WACC is 17.05%

6 0
3 years ago
URGENT!! I REALLY NEED HELP
Ivenika [448]

Answer

D is the answer

Step-by-step explanation:

as I can see in the screen shot you don't need explanation lol

4 0
3 years ago
Describe how you regroup when you find the sum of 64+43
damaskus [11]
Here, regrouping is basically carrying. 

64+43 shown vertically would be:

  64
+43
-------
 107
4+3 is 7, so seven is in the ones place, but that's not the point.
60+40 is 100, so you regroup by carrying the one to the hundreds place.

Hope I helped!

5 0
3 years ago
- Which of the following is the correct distance between the points (-5, 3) and (7,8)?
JulsSmile [24]

Answer:

13 units

Step-by-step explanation:

(x₁,y₁) = (-5 , 3)   & (x₂ , y₂) = (7 ,8)

Distance = \sqrt{(x_{2}-x_{1})^{2}+(y_{2}-y_{1})^{2}} \\

              = \sqrt{(7-[-5])^{2}+(8-3)^{2}} \\\\= \sqrt{(7+5)^{2}+(8-3)^{2}} \\\\=  \sqrt{(12)^{2}+(5)^{2}}\\\\=\sqrt{144+25}\\\\=\sqrt{169}\\\\= 13

7 0
3 years ago
Find the coordinates of point, P, which divides the line segment from A = (0, 4) to B = (6, 8) in a ratio of 2:1.
anastassius [24]
When a point divide a line segment A (x1,y1) B (x2,y2) into a ration of a:b, the coordinates of that point is x1+[a/(a+b)](x2-x1), y1+[a/(a+b)](y2-y1)
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(4, 6&2/3) is the answer. 
6 0
3 years ago
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