Refer to the 10-K reports of Under Armour, Inc., and Columbia Sportswear that are available for download from the companion website at CengageBrain.com.

Required:

Comment on Under Armour’s and Columbia’s debt management.

Find the average rate of change of the function over the given interval. Compare this average rate of change with the instantaneous rates of change at the endpoints of the interval.

f(t) = 4t + 5, [1,2]

The management company of a local mall with 21 stores plans to survey 3 of the stores to determine the hours they would like to stay open during the holiday season. Describe how to select an SRS of 3 stores using a random number generator.

A schedule of the cost of finished goods manufactured is a helpful tool in determining the per-unit cost of manufactured products. Explain several ways in which information about per-unit manufacturing costs is used by (a) management accountants and (b) financial accountants.

During the current year, Marsha Engles withdrew $4,000 monthly from the partnership of Engles and Cox Water Management Consultants. Is it possible that her share of partnership net income for the current year might be more or less than$48,000? Explain.

Use the formula below to estimate the total change in the money supply. Change in money supply = 1/Reserve Requirement $\times$ Change in reserves at first bank. What is the change in the money supply for an initial deposit of $1,000 if the reserve requirement is 5 percent (.05)?

The rate of change of the function$f(x)=\sin x+\csc x$ with respect to change in the variable $x$ is given by the expression $\cos x-\csc x\cot x.$ Show that the expression for the rate of change can also be $-\cos x\cot^2x.$

Percent Change in Stock Market Indexes. The following data show the year-to-date percent change (YTD $\%$ Change) for 30 stock-market indexes from around the world (The Wall Street Journal).

a. What index has the largest positive YTD $\%$ Change?

What steps are frequently involved in management’s decision-making process?

Coastal Packaging's ROE last year was only 3 percent, but its management has developed a new operating plan designed to improve things. The new plan calls for a total debt ratio of 60 percent, which will result in interest charges of $300 per year. Management projects an EBIT of$1,000 on sales of $10,000, and it expects to have a total assets turnover ratio of 2.0 times. Under these conditions, the average tax rate will be 30 percent. If the changes are made, what return on equity (ROE) will Coastal earn? What is the ROA?

Suppose that the largest and smallest value in a data set is omitted. Will the median change? Will the mean change? Explain.

Why do small firms export? The Journal of Small Business Management (Vol. 40, 2002) published a study of what motivates small firms to export. In a survey of 137 exporting firms, each CEO was asked to respond to the statement "Management believes that the firm can achieve economies of scale by exporting" on a scale of 1 (strongly disagree) to 5 (strongly agree). Summary statistics for the $n=137$ scale scores were reported as $\bar{x}=3.85$ and $s=1.5$. Explain why the researcher will be unable to conclude that the true mean scale score exceeds $3.5$ if the standard deviation of the scale scores is too large.

The Sarbanes-Oxley Act increased top management’s responsibility for what?

Match the terms with the definitions.

__Lowering your chance of loss by not doing high-risk activities

a. deductible

b. risk assessment

c. risk assumption

d. risk avoidance

e. risk management

f. risk reduction

g. risk shifting