Members at a popular fitness club currently pay $40 per month to be a member of the club. The owner of the increa 95% $50. club wants to raise the fee to $50 but is concerned that some members will quit if the fee ses. To investigate, the owner plans to survey a random sample of the members and construct a confidence interval for the proportion of all members who would quit if the fee was increased to (a) Explain the meaning of "95% confidence" in the context of the study.
(b) After the owner conducted the survey, he calculated the confidence interval to be 0.18 0.075 Interpret this interval in the context of the study.
(c) According to the club's accountant, the fee increase will be worthwhile if fewer than 20% of the members quit. According to the interval from part (b), can the owner be confident that the fee increase will be worthwhile? Explain.
(d) One of the conditions for calculating the confidence interval in part (b) is that and. Explain why it is necessary to check this condition.

Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?