The data in jtrain2 come from a job training experiment conducted for low-income men during 1976–1977; see lalonde (1986). (i) use the indicator variable train to determine the fraction of men receiving job training. (ii) the variable re78 is earnings from 1978, measured in thousands of 1982 dollars. find the averages of re78 for the sample of men receiving job training and the sample not receiving job training. is the difference economically large? (iii) the variable unem78 is an indicator of whether a man is unemployed or not in 1978. what fraction of the men who received job training are unemployed? what about for men who did not receive job training? comment on the difference. (iv) from parts (ii) and (iii), does it appear that the job training program was effective? what would make our conclusions more convincing?

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

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Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?