Answer:
H0 : β = 0
H1 : β = 0
R = 0.8642
P value = 0.002654
Explanation:
Null hypothesis : H0 : β = 0
Alternative hypothesis : H1 : β ≠ 0
The correlation Coefficient, R value as obtained using a correlation Coefficient calculator is 0.8642. This depicts that a strong positive relationship exists between court income and Justice salary.
The Pvalue using the Pvalue calculator (R = 0.8642, N = 9) = 0.002654
The Pvalue < α
0.002654< 0.05 ; Hence, we reject H0.
Answer:
6.64%
Explanation:
The pretax cost of debt is the Yield to Maturity (YTM). Since the coupons are paid semiannually, adjust the duration and the coupon payment amount to semi-annual terms.
You can solve for the YTM using a financial calculator with the following inputs;
Maturity of the bond; N = 20*2 = 40
Face value ; FV = 1000
Semi-annual coupon payment ; PMT = (7%/2)*1000 = 35
Current price of the bond; PV = -1.04*1000 = -1040
Then compute the semiannual interest rate ; CPT I/Y = 3.318%
Therefore, pretax cost of debt; YTM = 3.318 *2 = 6.64%
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding

The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;



Hence, the calculated Earnings per share of Mayan company is $3.6
I believe the answer would be B. Telecommuting. Hope this helps!
Answer:
Hope it helps
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