Question & Answer

A metal alloy has been tested in a tensile test with the following results for the flow curve parameters: strength coefficient = 620.5 MPa and strain-hardening exponent = 0.26. The same metal is now tested in a compression test in which the starting height of the specimen = 62.5 mm and its diameter = 25 mm. Assuming that the cross section increases uniformly, determine the load required to compress the specimen to a height of (a) 50 mm and (b) 37.5 mm.

What is the difference between true centrifugal casting and semicentrifugal casting?

Most securities firms experience poor profit performance during periods in which the stock market performs poorly. Given what you know about securities firms, offer some possible reasons for these reduced profits. (LO3)

Why is friction a factor in determining the ram force in direct extrusion but not a factor in indirect extrusion?

Dan has AGI of $50,000 and paid the following taxes during this tax year. Calculate how much Dan can deduct for taxes as an itemized deduction this year.

Describe the general characteristics of a futures contract. How does a clearinghouse facilitate the trading of financial futures contracts? (LO1)

Data for Brecker Inc. are presented in E23-13. Instructions Prepare a statement of cash flows using the indirect method.

What are the five steps used to determine the proper time to recognize revenue?

Why are the temperatures much higher in plasma arc welding than in other AW processes?

Consider an extruder in which the barrel diameter = 4.5 in and length = 11 ft. The extruder screw rotates at 60 rev/min; it has channel depth = 0.35 in and flight angle = 20°. The plastic melt has a shear viscosity = 125 x 10-4 lb-sec/in2 . Determine: (a) Qmax and pmax; (b) the shape factor Ks for a circular die opening in which Dd = 0.312 in and Ld = 0.75 in; and (c) the values of Q and p at the operating point

When does the Fed use a stimulative monetary policy, and when does it use a restrictive monetary policy? What is a criticism of a stimulative monetary policy? What is the risk of using a monetary policy that is too restrictive? (LO2; LO3)

A series of cold rolling operations are to be used to reduce the thickness of a plate from 50 mm down to 25 mm in a reversing two-high mill. Roll diameter = 700 mm and coefficient of friction between rolls and work = 0.15. The specification is that the draft is to be equal on each pass. Determine (a) minimum number of passes required, and (b) draft for each pass?

How are a polymer's properties affected when it takes on a crystalline structure?

What are four major sources of funds for banks? Which alternatives does a bank have if it needs temporary funds? What is the most common reason that banks issue bonds? (LO2)

What is a rivet?

Newton is a one-third owner of ProRite Partnership. Newton has decided to sell his interest in the business to Dunja for $50,000 cash plus the assumption of his share of ProRite’s liabilities. Assume Newton’s inside and outside basis in ProRite are equal. ProRite shows the following balance sheet as of the sale date: Assets: Tax Basis FMV Cash $ 80,000 $ 80,000 Receivables 25,000 25,000 Inventory 40,000 85,000 Land 30,000 20,000    Totals $ 175,000 $ 210,000 Liabilities and capital: Liabilities $ 60,000 Capital- Newton 38,333 - Barbara 38,334 - Liz 38,333    Totals $ 175,000 What are the amount and character of Newton’s recognized gain or loss?

On January 1, 2014, Gottlieb Corporation issued $4,000,000 of 10-year, 8% convertible debentures at 102. Interest is to be paid semiannually on June 30 and December 31. Each $1,000 debenture can be converted into eight shares of Gottlieb Corporation $100 par value common stock after December 31, 2015. On January 1, 2016, $400,000 of debentures are converted into common stock, which is then selling at $110. An additional $400,000 of debentures are converted on March 31, 2016. The market price of the common stock is then $115. Accrued interest at March 31 will be paid on the next interest date. Bond premium is amortized on a straight-line basis. Instructions Make the necessary journal entries for: (a) December 31, 2015. (c) March 31, 2016. (b) January 1, 2016. (d) June 30, 2016. Record the conversions using the book value method.

When tensions rise or war erupts in the Middle East, bond prices in many countries tend to decline. What is the link between problems in the Middle East and bond prices? Would you expect bond prices to decline more in Japan or in the United Kingdom as a result of the crisis? (The answer is tied to how interest rates may change in those countries.) Explain. (LO2)

Using the facts from the previous problem, how would your answer change if instead, Duff adopted the cash method of accounting to allow him to better control the timing of his cash receipts and disbursements?

Hawkeye Corporation reports current E&P of $300,000 this year and accumulated E&P at the beginning of the year of $200,000. Hawkeye distributed $400,000 to its sole shareholder, Kinsella, on December 31 of this year. Kinsella’s tax basis in his Hawkeye stock before the distribution is $75,000.

Consider a turning operation performed on steel whose hardness = 225 HB at a speed = 3.0 m/s, feed = 0.25 mm, and depth = 4.0 mm. Using values of thermal properties found in the tables and definitions of Section 4.1 and the appropriate specific energy value from Table 21.2, compute an estimate of cutting temperature using the Cook equation. Assume ambient temperature = 20°C.

Why might you expect the interest rate movements of various industrialized countries to be more highly correlated in recent years than they were in earlier years? (LO2)

Why will the short-run consumption function be different from the long-run consumption function?

What is a hybrid microsensor

Will a general item of expenditure such as food or clothing have a price-elastic or inelastic demand? (Consider both the determinants we have considered so far.)