# Assignment Questions: Basic Computations: Questions And Answers

1005 Words 5 Pages
Register to read the introduction… If a problem is worth 2 points and you only show the answer, then you will receive only 1 point credit. If you use a calculator or online website, give the source and tell me exactly what you provided as input. For example, if you used Excel to compute 16 * 16, state “I typed =16*16 into Excel and got 256. You may type your answer right into this document.

Part I. Basic Computations

1. According to the National Education Association , the average classroom teacher in the US earned \$43,837 in annual salary for the 1999-2000 school year.

a. If the teachers receive an average salary increase of \$1096, write out the first 6 terms of the sequence formed by the average salaries starting with the 1999-2000 school year. Explain how you got your answer. (1 point)

Explanation: The formula is A₂ = (A₁ * 2.5%) + A₁ , A₁ = \$43,837 therefore A₂ = \$44,933 and we keep doing this for A₃ , A₄, A₅, A₆

b. Write the general form for the sequence. (1 point)

Answer: A₂ = (A₁ * 2.5%) + A₁
Explanation: Where Initially A₁ = \$43,837 * 2.5% raise + \$43,837 = A₂

c. Write the recursive formula for an. (1 point)

Answer: a sub (x) = a sub (x-1) * 2.6% + a sub
Case Study The Mystery of the Missing Coulomb

This week Patty Madeye is going to be investigating the theft of a rare Orange Tiger Coulomb (shown at the right), which is owned by Madame Levare, who lives in West Floflux.

Since the jewels are quite valuable, Madam Levare stores them in the vault at the jeweler’s store, West FloFlux GemStone in downtown West FloFlux. Only certain lockboxes in the vault were touched – it seems that the thief knew exactly what he was looking for.

Task #1 – Patty’s first task is to determine the value of the jewels. She talks to the jeweler who created them and he estimates the value of the jewels in 1985 (when they were purchased) at \$65,000. The value is thought to increase (appreciate) by \$1500 per year. If this is true, how much would the jewels be worth in 2010? Explain how you arrived at your answer. (4 points)

Explanation:

Task #2 - Patty talks to the jeweler and discovers that he remembers the 4-digit combination to the main vault in the store by writing it down in summation form. Here’s what he wrote:

The combination is written in summation form, but some of the notation is cut off from where the paper is ripped. You’ll need to figure out the full equation so that Patty can get into the vault to investigate. (4

• ## Case Study Analysis Of Zara

The average store sales are approximately €2M a year, with 91 new stores every year, we estimate a €182M a year in sales. The IT department will develop the POS application, install terminals and conduct training.YEAR 1YEAR 2YEAR 3YEAR 4YEAR 5Number of stores upgrade495504421339254Number of stores upgrade cumulative495999142017592013Operating system for POS terminals Unix € 408,375 € 544,175 € 669,600 € 784,775 € 889,325 Linux € 371,250 € 277,200 € 168,400 € 67,800 € 12,700 Windows € 420,750 € 560,050 € 686,900 € 801,450 € 937,950 HardwarePOS terminals € 12,375,000 € 12,600,000 € 10,525,000 € 8,475,000 € 6,350,000 Wireless router € 89,100 € 90,720 € 75,780 € 61,020 € 45,720 Wireless ethernet card € 123,750 € 126,000 € 105,250 € 84,750 € 63,500 ConnectivityHigh-speed internet connection € 118,800 € 120,960 € 101,040 € 81,360 € 60,960 Cost per day for programming time € 1,125,000 € - € - € - € - Cost per day of installation/training time € 990,000 € 1,008,000 €…

Words: 845 - Pages: 4
• ## Bruce Van Company Case Study

| | | Student Answer: | | a)Under FIFO the most recent purchases are in inventory: 2,100 @ 25= 52,500 900 @ 22= 19,800 Inventory= 72,300 b) Under LIFO the oldest purchases are in inventory: 1,700 @ 17= 28,900 1,300 @ 20= 26,000 Inventory = 54,900 c) Weighted average: 1700* 17 +2600*20 +2400*21+1,000*22 +2100*25= 205,800 205,800/9,800= 21 Inventory is 3,000*21= 63,000 | | | | Comments: | Very Good | | | 8. | Question : | (TCO H) A machine cost \$500,000 on April 1, 2010. Its estimated salvage value is \$50,000 and its expected life is eight years. Instructions Calculate the depreciation expense (to the nearest dollar) by each of the following methods, showing the figures used. (a) Straight-line for 2010 (b) Double-declining balance for 2011 (c) Sum-of-the-years'-digits for 2011 |…

Words: 2057 - Pages: 9
• ## Tecservimo Case Study

8.6 Demand Forecast. The TeServimos estimates a maximum demand of 603,648 drinks during the first year. This is based on the following assumptions: a) The Maximum Clients per year of the store will be 603,648 customers in the first year, 845,107 in the second year and 887,363 in the third year, given the infrastructure of store and the open hours. These were estimated by multiplying the population by 4 weeks by 9 months (duration of classes during the year), just assuming the amount of people who transits the store area. b) This is based on the assumption that our whole target market (6,400 people) will increment at 1.5% per year.…

Words: 824 - Pages: 4
• ## Parker Clay Case Study

We’ve budgeted \$3,000 per month for our CEO, \$4,000 for the operations manager and a \$60 daily salary for all other management positions. In addition, we’ve accounted for a 5% annual increase. Finally, we’ve budgeted for a U.S.-based accounting firm at \$30,000 annually, increasing over time. Additional operating expenses will be seen in facilities management, which includes \$500 rent for our headquarters space (budgeted based on conversation we’ve had with a Roatánese realtor about the specific space in which we’re interested), utilities and repairs/maintenance. Our capitalization plans also account for an additional \$20,000 in facility upgrades prior to occupancy.…

Words: 1293 - Pages: 5
• ## Inventory Turnover In Ibm

Inventory turnover measures the amount of times a company sells its average merchandise inventory during a year. We start with the cost of goods sold (the cost of merchandise inventory the business has sold to its customers) over the average merchandise inventory for the year. To find the average inventory, you would combine both 2013 and 2014 to find the 2014 average and combine 2012 to 2013 to find the average for 2013. Having a high turnover rate means the company is capable of selling merchandise inventory with ease. In this case, the industry average came out to be 17.56 and the 2014 turnover was 4.05 times a year and 2013 turnover was 4.79.…

Words: 975 - Pages: 4
• ## Felton Family Preschool Budget Reflection

Reducing the salary for the staff by \$19,800 will be the first on the list. The salaries-staff has to net a surplus of \$1,750 each month. The author has given a good example of how the staff salaries should look. Now there are ways to get the deficit down and the author do gives some examples on how this can be done. Jack gives the readers three questions along with ways on how to fix it.…

Words: 941 - Pages: 4
• ## Questions And Answers On Buying And Finance: Questions On Finance

\$25,000 If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that should: increase the market value of the firm's common stock. Apple Two Enterprises expects to generate sales of \$5,950,000 for fiscal 2014; sales were \$3,450,000 in fiscal 2013. Assume the following figures for the fiscal year ending 2013: cash \$70,000; accounts receivable \$250,000; inventory \$400,000; net fixed assets \$520,000; accounts payable \$235,000; and accruals \$155,000. Use the percent-of-sales method to forecast cash for the fiscal year ending 2014.…

Words: 873 - Pages: 4
• ## Case Study Of Fiat Chrysler Group

Regional Managers will compile the dealership reports into a comprehensive regional performance report and submit it to the Vice President of Sales monthly and quarterly. The Incentive Manager will use the bi-weekly reports to determine whether the dealerships should institute buyer incentive programs or performance incentives to salespersons to increase sales before the end of the month. These corrective actions ensure that the dealerships are provided with tools and techniques to meet the five percent sales goal if projections indicate that the dealership will miss its monthly targets. Sales employees at the dealership with the highest increase in sales for each year will receive a \$500 bonus for outstanding…

Words: 1353 - Pages: 5
• ## Analysis Of Learning By Degrees By Rebecca Mead

According to the Bureau of Labor Statistics 2014 Report, a person with a bachelor’s degree earned \$1,101 a week on average while a person with a high school diploma earned on average \$668 a week. Take me as an example, I used to work at Lenovo as an office assistant after graduating from high school. Compared with college graduates who performed the same role as I did and made \$60 per day, I only earned \$20 per day. It seems that educational achievement is positively related to the earnings, and those with at least a college degree have higher salaries. Therefore, attaining a college degree will get people better…

Words: 984 - Pages: 4
• ## Informative Speech On Attention Getter For Graduation Rates

Main Point: Graduation Rates for a Bachelor 's Degree. A. What are the graduation rates for students obtaining a Bachelor 's Degree in California. 1. Support material: In fall 2008 the graduation rate for first-time undergraduate students who were studying for a Bachelor 's degree only 60 percent graduated, and they took 6-years to obtain it according to the U.S Department of Education.…

Words: 777 - Pages: 4