At the end of 2015, Uma Corporation is considering undertaking a major long-term project in an effort to remain competitive in its industry. The production and sales departments have determined the potential annual cash flow savings that could accrue to the firm if it acts soon. Specifically, they estimate that a mixed stream of future cash flow savings will occur at the end of the years 2016 through 2021. The years 2022 through 2026 will see consecutive and equal cash flow savings at the end of each year. The firm estimates that its discount rate over the first 6 years will be 7%. The expected discount rate over the years 2022 through 2026 will be 11%. The project managers will find the project acceptable if it results in present cash flow savings of at least $860,000. The following cash flow savings data are supplied to the finance department for analysis.

a. Determine the value (at the beginning of 2016) of the future cash flow savings expected to be generated by this project.

b. Based solely on the one criterion set by management, should the firm undertake this specific project? Explain

c. What is the "interest rate risk," and how might it influence the recommendation made in part b?

Explain. End of year Cash flow savings

2016 $ 110,000.00

2017 120,000.00

2018 130,000.00

2019 150,000.00

2020 160,000.00

2021 150,000.00

2022 90,000.00

2023 90,000.00

2024 90,000.00

2025 90,000.00

2026 90,000.00

Parker Piano Company purchases a tract of land and an existing building for $1,000,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, Parker pays closing costs, including title insurance of $3,000. The company also pays $14,000 in property taxes, which includes $9,000 of back taxes (unpaid taxes from previous years) paid by Parker on behalf of the seller and $5,000 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $50,000 to tear down the old building and remove it from the site. Parker is able to sell salvaged materials from the old building for $5,000 and pays an additional $11,000 to level the land.

Determine the cost of the land.

Cost of land:

Purchase cost                                          $1,000,000

Add: Closing costs                                  3,000

Add: Back taxes                                       9,000

Add: Cost of tearing the building             50,000

Add: Cost of leveling the land                 11,000

Less: Salvage value of materials              5,000

Total cost of land                                    $1,068,000

Depreciation and Disposal

The Parker Piano Company purchased a Delivery Truck on January 1, 2025 for $50,000 which included all costs to get the asset ready for use. The truck has an anticipated life of 100,000 miles or 4 years. The estimated residual value at the end of the assets service life is expected to be $2,000. For assets of this type, the company utilizes the straight-line depreciation method.

1. Record the purchase of the asset.

B. Complete the depreciation table below.

(QUESTIONS A and B have been completed please complete C-D)

3. Record the entry for December 31, 2025 to record the depreciation for the year.

D. Suppose the company sells the van on December 31, 2027 for $18,000 cash. Provide the journal entry to record the sale.

E. Assume the company chooses to use the units-of-production method. Based on the information below, complete the depreciation schedule.

4. Devos inc has 4 teams (A, B, C, D) and 4 (1, 2, 3, 4) potential tasks. The total amount of days each employee would need to allocate to each job is as follows:

Use Excel solver

Match the team the most efficient task. What is the total number of days that these projects will take to get worked on?

in java Create 5 city objects and initialize their location (x and y) using the above table. Then put all of the five cities in a vector.

Using a level of significance of α=0.05, test whether the means of the four types of services are equal. Assume the samples for the four types were independently drawn and that the four populations are normally distributed.

Starting with your identified 2019 level of revenue, you expect that revenue will increase by 10% in 2020. You anticipate annual revenue growth will slow by 1% per year to the long-run industry growth rate of 5% by 2025. • You expect EBIT to be 12.5% of sales each year. • You expect any increase in net working capital requirements each year to be 10% of any year-on-year annual increases in revenue. • You expect capital expenditures to equal depreciation expenses in each year. • Nike’s Tax rate is 20%. • Nike’s weighted average cost of capital (WACC) is 9%.

Case 1 - Suppose you believe Nike's initial revenue growth rate in 2020 will be between 8% and 14% (with growth slowing linearly to 5% by year 2025). What range of prices for Nike stock is consistent with these forecasts? Case 2 – Beginning again with your base case assumptions, suppose you believe Nike's initial EBIT margin (as a % of revenue) will be between 9% and 14% of revenue. What range of prices for Nike stock is consistent with these forecasts? Case 3 – Beginning again with your base case assumptions, you observe that similar companies in the apparel industry have WACCs ranging from 7.5% to 10%. What range of prices for Nike stock is consistent with these forecasts? Case 4 - What range of stock prices is consistent if you vary the estimates in cases 1 – 3 simultaneously? Put another way, what is the range of stock prices you might expect if the worst/best case scenarios occur from each of the previous three cases simultaneously.

7) Determine a terminal value for​ Nike’s FCF from 2026 and beyond​ (value expressed in millions of 2025​ dollars).

The terminal​ value, in 2025​ dollars, of​ Nike's free cash flows from 2026 onward​ is:____ million dollars.​ (please round your answer to ONE decimal​ point)

8) Determine​ Nike’s Enterprise Value​ (as of the end of​ FY2019)

​Nike's Enterprise​ Value, as of the end of​ FY2019, is: $____million dollars. ​ (please round your answer to ONE decimal​ place)

first matrix A

[ 2 -1 3 ]

[-4 0 -2 ]

[2 -5 12 ]

[4 0 4 ]

amd b

[2]

[-2]

[5]

[0]

solve for Ax=b

using tan LU factorization of A

On January 1, 2018, Harlow Company paid $156,000 to purchase a piece of
equipment. Before the equipment could be used, Harlow had to spend $6,000
to put the equipment in working order.

The equipment was assigned a useful life of 12 years and a salvage value
of $9,000. The straight-line method will be used to record depreciation
on the equipment.

On January 1, 2025, Harlow Company decided the life of the equipment should
be revised from 12 to 15 years with a salvage value of $5,150 at the end
of the 15 years.

Calculate the book value of the equipment at December 31, 2026.