You have $10,000 to invest and you are considering investing…

You have $10,000 to invest and you are considering investing in a mutual fund. The fund charges a front-end load of 2 % and an annual expense fee of .5 % of the average asset value over the year. You believe the fund’s gross rate of return will be 10% per year. If you make the investment, what is your annual rate of return net of expenses during the first year?      

The hydraulic cylinder CF, which partially controls the posi…

The hydraulic cylinder CF, which partially controls the position of rod DE, has been locked in the position shown. Knowing that θ = 60°, determine a) the force P for which the tension in link AB is 410 N, b) the corresponding force exerted on member BCD at point C.     Include labels and units in your answers below. _______ _______

Mrs. Newford is a 74-year-old patient who lives in a retirem…

Mrs. Newford is a 74-year-old patient who lives in a retirement community, where she happily participates in activities with other residents. Her medications include a beta blocker, anti-inflammatories for arthritis, and a diuretic. She also says she takes over-the-counter antacids frequently for heartburn. When you ask how many times a day she takes the anti-inflammatories, she hesitates before answering, “Two, I think.” Which of the following actions might you take to help Mrs. Newford?

Question 18  (6% total) Given the following situations, iden…

Question 18  (6% total) Given the following situations, identify whether each would require retrospective accounting treatment or prospective accounting treatment: Switching from FIFO to Average Cost for inventory when it is practical to estimate the change.   Switching from a 3 year useful life to a 5 year useful life to depreciate a machine.   Switching from percentage of completion to completed contract method for revenue recognition of long-term projects.   Switching from double-declining balance to straight line for depreciation.   Switching from expecting 3% of Accounts Receivable to be uncollectible to 5%.   Selling shares in another company that reduces our ownership stake from 30% to 15%.