mumford@purdue.edu Econ 360 - Fall 2012 Problem Set 1 Answers True/False (30 points) 1. FALSE If (ai ‚ bi ) : i = 1‚ 2‚ . . . ‚ n and (xi ‚ yi ) : i = 1‚ 2‚ · · · ‚ n are sets of n pairs of numbers‚ then: n n n (ai xi + bi yi ) = i=1 i=1 ai x i + i=1 bi yi 2. FALSE If xi : i = 1‚ 2‚ . . . ‚ n is a set of n numbers‚ then: n n n n n (xi − x) = ¯ i=1 n i=1 2 x2 i − 2¯ x i=1 xi + i=1 x = ¯ i=1 2 x2 − n¯2 x i where x = ¯ 1 n i=1 xi 3. TRUE If xi : i = 1‚ 2‚ . . . ‚ n is a set of n numbers and a
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Role of the Endocrine System Insulin‚ a hormone buried by the pancreas‚ controls blood sugar levels in the body. It travels from the pancreas to the liver in the bloodstream. Other responses are controlled by hormones; the response is slower but longer lasting than if it had been controlled by the nervous system. Diabetes Type 1 Diabetes Type 1 Diabetes is an auto-immune disease where the body’s immune system attacks the insulin-producing cells of the pancreas. People with type 1 diabetes cannot
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10/1/2012 CORPORATE FINANCE FIN 3313.01 Fall 2012 1st MID-TERM SINAN YILDIRIM NAME (Each Multiple choice question is worth 4 points) 1. The goal of financial management is to increase the: a. future value of the firm ’s total equity. b. book value of equity. c. dividends paid per share. d. current market value per share. e. number of shares outstanding‚ thereby increasing the market value of equity. 2. A corporation: A. is ultimately controlled by its board of
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Lab 1 – Exercise 4: Endocrine System Name: Kathryn Marso ACTIVITY 1: Metabolism and Thyroid Hormone Part 1: Chart 1: Effects of Hormones on Metabolic Rate | | Normal Rat | Thyroidectomized Rat | Hypophysectomized Rat | BaselineWeightMl O2 used in 1 minuteMl O2 used per hourMetabolic ratePalpation results | 250.9 grams 7.1 ml 426 ml 1697 ml O2/kg/hr | 245.7 grams 6.2 ml 372 ml 1514 ml O2/kg/hr | 244.6
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Chapter One Flow of Funds Exercise Roles of Financial Markets and Institutions This continuing exercise focuses on the interactions of a single manufacturing firm (Carson Company) in the financial markets. It illustrates how financial markets and institutions are integrated and facilitate the flow of funds in the business and financial environment. At the end of every chapter‚ this exercise provides a list of questions about Carson Company that require the application of concepts learned within
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FBE 421 Prof. Briggs Problem Set #1 Please print out this document and clearly handwrite your answers to each of the questions below in the space provided. Show all your work accordingly. A. Calculate LTM (a) Revenue and (b) Net Income for Costco Wholesale (COST) using their latest financial statements as of 3Q2011. 77946+60737-53821=84‚862 MM Revenue 1303+984-871= 1‚416 MM Net-income B. Calculate Costco’s LTM (a) EBIT and (b) EBITDA. 2077+1677-1389=2‚365 MM EBIT (2077+795)+(1677+582)-(1389+549)=
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10. Embryonic industries‚ Growth industries‚ Shakeout industry‚ Mature industry and Decline industry 11. 12. 13. (Not important) 14. Economies of scale Learning / Experience curve Capacity utilization Linkage among activities Interrelationship among business units Degree of vertical integration Timing of market entry Firm’s policy of cost or differentiation Geographical location Institutional factor (regulation‚ union activity‚ taxes‚ etc.) 15. Technology is employed to some degree
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All income (also called revenue) is recorded as a credit. All expenses and debt are recorded as debits. Asset accounts: Cash‚ bank‚ accounts receivable‚ inventory‚ land‚ buildings/plant‚ machinery‚ furniture‚ equipment‚ vehicles‚ trademarks and patents‚ goodwill‚ prepaid expenses‚ debtors (people who owe us money)‚ etc. Liability accounts: Accounts payable‚ salaries and wages payable‚ income taxes‚ bank overdrafts‚ trust accounts‚ accrued expenses‚ sales taxes‚ advance payments (unearned
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Chapter 16: Endocrine System For this assignment‚ please read the chapter and answer the questions below. Please type your answers in red or blue color. Please note that points may be deducted if answers are not submitted in these colors. There is a tutorial on the endocrine glands in Blackboard under the Lab Tutorial button. Use it to study the glands. Under the External Links button The nervous and endocrine systems maintain homeostasis in the body. The nervous system is a fast but short-lived
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REVIEW SHEET EXERCISE 1 Cell Transport Mechanisms and Permeability 1. Match each of the definitions in Column A with the appropriate term in Column B. Column A Column B __E___ term used to describe a solution that has a lower concentration of solutes compared to another solution ___G__ term used to describe a solution that has a higher concentration of solutes compared to another solution ___A__ the movement of molecules from an area of higher concentration to an area of lower concentration
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