US States and Capitals (State/Capital) Flashcards

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finance

Ace Products sells marked playing cards to blackjack dealers. It has not paid a dividend in many years, but is currently contemplating some kind of dividend. The capital accounts for the firm are given below. The company’s stock is selling for $\$20$ per share. The company had total earnings of $$ 4,800,000$ during the year. With 2,400,000 shares outstanding, earnings per share were $\$2.00$. The firm has a P/E ratio of 10. What is the investor’s total investment worth before and after the stock dividend if the P/E ratio remains constant? (There may be a $\$1$ to $\$2$ difference due to rounding.) | Common stock (2,400,000 shares at $5 par) | $\$ 12,000,000$ | |---|---| | Capital in excess of par* | $5,000,000$ | | Retained earnings |$23,000,000$ | | Net worth | $\$40,000,000$ | $$

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accounting

“Activity-based costing is the same as department costing.” Is this true, false, or uncertain? Discuss.

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business math

Identify ways in which quantitative reasoning is important within your major field of study. (If you haven't yet chosen a major, pick a field that you are considering for your major.)

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business

A nonprofit analyst seeks to determine which variables should be used to predict nonprofit charitable commitment, a nonprofit organization commitment to its charitable purpose. Two independent variables under consideration are Revenue, a measurement of total revenue, in billions of dollars, as a measure of nonprofit size $X_1$ and Efficiency, a measurement of the percent of private donations remaining after fundraising expenses as a measure of nonprofit fundraising efficiency $X_2$ . The dependent variable Y is Commitment, a measurement of the percent of total expenses that are allocated directly to charitable services. Data are collected from a random sample of 98 nonprofit organizations, with the following results:

\begin{array}{lcccc} Variable & Coefficients & \begin{gathered}\text { Standard } \\ \text { Error }\end{gathered} & T Statistic & \boldsymbol{p}-Value \\ \hline Intercept & 11.002079 & 7.127101 & 1.54 & 0.1260 \\ Revenue & 0.6683647 & 0.320077 & 2.09 & 0.0395 \\ Efficiency & 0.8317339 & 0.077736 & 10.70 & 0.0001 \end{array}

a. State the multiple regression equation.

b. Interpret the meaning of the slopes, $b_1$ and $b_2$ , in this problem.

c. What conclusions can you reach concerning nonprofit charitable commitment?

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