The Jones Company has just completed the third year of a five-year MACRS recovery period for a piece of equipment it originally purchased for
$ 296 comma 000$296,000.
a. What is the book value of the equipment?
b. If Jones sells the equipment today for
$ 182 comma 000$182,000
and its tax rate is
35 %35%,
what is the after-tax cash flow from selling it?
c. Just before it is about to sell the equipment, Jones receives a new order. It can take the new order if it keeps the old equipment. Is there a cost to taking the order and if so, what is it? Explain. (Assume the new order will consume the remainder of the machine's useful life.)
Note:
Assume that the equipment is put into use in year 1.
2.
ou are considering the following two projects and can take only one. Your cost of capital is
11.0 %11.0%.
The cash flows for the two projects are as follows ($ million):
|
Project |
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
|
A |
negative $ 100−$100 |
$ 25$25 |
$ 30$30 |
$ 40$40 |
$ 50$50 |
|
B |
negative $ 100−$100 |
$ 50$50 |
$ 40$40 |
$ 30$30 |
$ 20$20 |
a. What is the IRR of each project?
b. What is the NPV of each project at your cost of capital?
c. At what cost of capital are you indifferent between the two projects?
d. What should you do?
In: Accounting
In Appendix B in your book there is a table of the ages of Best Actor and Best Actress Oscar award winners. Test the claim at � = 0.05 that proportion of male winners over age 40 is greater than the proportion of female winners over the age of 40.
ACTRESSES
22
37
28
63
32
26
31
27
27
28
30
26
29
24
38
25
29
41
30
35
35
33
29
38
54
24
25
46
41
28
40
39
29
27
31
38
29
25
35
60
43
35
34
34
27
37
42
41
36
32
41
33
31
74
33
50
38
61
21
41
26
80
42
29
33
35
45
49
39
34
26
25
33
35
35
28
30
29
61
32
33
45
29
62
22
44
54
ACTORS
44
41
62
52
41
34
34
52
41
37
38
34
32
40
43
56
41
39
49
57
41
38
42
52
51
35
30
39
41
44
49
35
47
31
47
37
57
42
45
42
44
62
43
42
48
49
56
38
60
30
40
42
36
76
39
53
45
36
62
43
51
32
42
54
52
37
38
32
45
60
46
40
36
47
29
43
37
38
45
50
48
60
50
39
55
44
33
In: Statistics and Probability
Two rolls of a fair die. Let x and y be the results of the two rolls, and let z = x + y.
(a) Find P[x = 4, y = 3], P[x > 3, y = 5].
(b) Find P[z = 7], P[z = 5], P[z = 3].
(c) Find the probability that at least one 6 appears given that z = 8.
(d) Find the probability that x = 6 given that z > 8.
(e) Find the probability that z = 7 given that at least one 4 was rolled. (f) Find the probability that z > 7 given that y = 4.
In: Math
College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It presently applies overhead using a predetermined rate based on direct labor-hours. A group of company employees recommended that CSC switch to activity-based costing and identified the following activities, cost drivers, estimated costs, and estimated cost driver units for Year 5 for each activity center.
| Activity | Recommended Cost Driver |
Estimated Cost |
Estimated Cost Driver Units |
||||
| Setting up production | Number of production runs | $ | 30,000 | 100 | runs | ||
| Processing orders | Number of orders | 48,000 | 200 | orders | |||
| Handling materials | Pounds of materials | 18,000 | 9,000 | pounds | |||
| Using machines | Machine-hours | 84,000 | 12,000 | hours | |||
| Providing quality management | Number of inspections | 48,000 | 40 | inspections | |||
| Packing and shipping | Units shipped | 42,000 | 21,000 | units | |||
| $ | 270,000 | ||||||
In addition, management estimated 2,000 direct labor-hours for year 5.
Assume that the following cost driver volumes occurred in February, year 5:
| Short | Medium | Tall | |||||||
| Number of units produced | 900 | 500 | 400 | ||||||
| Direct materials costs | $ | 4,000 | $ | 2,000 | $ | 2,500 | |||
| Direct labor-hours | 90 | 120 | 110 | ||||||
| Number of orders | 9 | 9 | 5 | ||||||
| Number of production runs | 2 | 5 | 8 | ||||||
| Pounds of material | 400 | 800 | 200 | ||||||
| Machine-hours | 600 | 300 | 300 | ||||||
| Number of inspections | 1 | 1 | 2 | ||||||
| Units shipped | 900 | 500 | 300 | ||||||
Direct labor costs were $20 per hour.
Required:
a. Compute a predetermined overhead rate for year 5 for each cost driver recommended by the employees. Also compute a predetermined rate using direct labor-hours as the allocation base. (Round your answers to 2 decimal places.)
b. Compute the production costs for each product for February using direct labor-hours as the allocation base and the predetermined rate computed in requirement a. (Do not round intermediate calculations.)
c. Compute the production costs for each product for February using the cost drivers recommended by the employees and the predetermined rates computed in requirement a.(Note: Do not assume that total overhead applied to products in February will be the same for activity-based costing as it was for the labor-hour-based allocation.) (Do not round intermediate calculations.)
In: Accounting
Explain the admission data in terms of the pathophysiology of her condition.
The client remains home for three weeks. She is readmitted again after a severe GI bleed secondary to her ulcerative colitis. Since her trip to Jamaica, she has lost over 30 lbs. due to loss of appetite, nausea, vomiting, and diarrhea. Due to her ulcerative colitis, she has uncontrollable bowel movements, both with and without rectal bleeding. She often chooses not to eat because she states, “it just runs right through me so why bother?”
Second Admission Data:
T 98.7 F (98.6) normal
BP 70/50 (120/80) extremely low
P 133 (60-99) extremely high
RR 18 (12-16) high
O2 sat (by pulse oximetry) 93% on room air (RA) (95-100) low
BUN 10 ( 6-20 mg/dl) normal range
Serum creatinine 0.5 (0.6-1.3 mg/dl) low
Hgb 7.8 (13.5-18 g/dl) low
Hct 25 (42%-52%) extremely low
WBC 10 (4K-10.5K/mcl) normal range
INR 7 (1.1 or below) extremely high
Sodium 128 (135-145 mEq/L) low
Potassium 2.9 (3.7-5.2 mEq/L) extremely low
Calcium 7.4 (8.6-10.3) low
Magnesium 1.5 (1.7-2.2) low,
Glucose 124 (< 100) low
Total protein 5.4 (6.0-8.3) low
Albumin 1.6 (3.4 to 5.4) extremely low
In: Nursing
USING EXCEL
In: Math
I need assistance on this problem in Pseudocode and in C++ Program
Program 3: Give a baby $5,000! Did you know that, over the last century, the stock market has returned an average of 10%? You may not care, but you’d better pay attention to this one. If you were to give a newborn baby $5000, put that money in the stock market and NOT add any additional money per year, that money would grow to over $2.9 million by the time that baby is ready for retirement (67 years)! Don’t believe us? Check out the compound interest calculator from MoneyChimp and plug in the numbers!
To keep things simple, we’ll calculate interest in a simple way. You take the original amount (called the principle) and add back in a percentage rate of growth (called the interest rate) at the end of the year. For example, if we had $1,000 as our principle and had a 10% rate of growth, the next year we would have $1,100. The year after that, we would have $1,210 (or $1,100 plus 10% of $1,100). However, we usually add in additional money each year which, for simplicity, is included before calculating the interest.
Your task is to design (pseudocode) and implement (source) for a program that 1) reads in the principle, additional annual money, years to grow, and interest rate from the user, and 2) print out how much money they have each year. Task 3: think about when you earn the most money!
Lesson learned: whether it’s your code or your money, save early and save often…
Sample run 1:
Enter the principle: 2000
Enter the annual addition: 300
Enter the number of years to grow: 10
Enter the interest rate as a percentage: 10
Year 0: $2000
Year 1: $2530
Year 2: $3113
Year 3: $3754.3
Year 4: $4459.73
Year 5: $5235.7
Year 6: $6089.27
Year 7: $7028.2
Year 8: $8061.02
Year 9: $9197.12
Year 10: $10446.8
Sample run 2 (yeah, that’s $9.4MM):
Enter the principle: 5000
Enter the annual addition: 1000
Enter the number of years to grow: 67
Enter the interest rate as a percentage: 10
Year 0: $5000
Year 1: $6600
Year 2: $8360
Year 3: $10296
Year 4: $12425.6
Year 5: $14768.2 . .
Year 59: $4.41782e+06
Year 60: $4.86071e+06
Year 61: $5.34788e+06
Year 62: $5.88376e+06
Year 63: $6.47324e+06
Year 64: $7.12167e+06
Year 65: $7.83493e+06
Year 66: $8.61952e+06
Year 67: $9.48258e+06
This assignment is about Repetition Structures.
For Pseudocode, here are key words to use
: · DO … WHILE – A loop that will always run at least once ·
FOR … ENDFOR – A loop that runs until certain criteria is met ·
WHILE … ENDWHILE – A loop that runs only while certain criteria is met ·
FOREACH … ENDFOREACH – A loop that runs over elements in a data structure · BREAK - "break out" of the current loop (or other structure) you're in and start immediately after the loop · CONTINUE - skip over the current iteration of the loop and move on to the next one
In: Computer Science
Use the following information to evaluate whether or not you should buy stock A.
Stock A S&P 500
Probability Return Probability Return
0.1 -100% 0.3 -30%
0.2 -10% 0.4 15%
0.6 18% 0.3 40%
0.1 130%
The current yield on the 10-year Treasury Note (risk-free rate) is 3.3%. The correlation between Stock A and the market is 0.53.
Hint One – Remember that the S&P 500 represents the market and that you can use the two probability distributions above to get the expected return and standard deviation for both Stock A and for the market (round calculations to 2 decimal places in percentage terms).
Hint Two – You will use the SML to get the required return and you will need to calculate beta from the data provided (round beta to two decimal places).
In: Finance
Use the following information to evaluate whether or not you should buy stock A.
Stock A S&P 500
Probability Return Probability Return
0.1 -100% 0.3 -30%
0.2 -10% 0.4 15%
0.6 18% 0.3 40%
0.1 130%
The current yield on the 10-year Treasury Note (risk-free rate) is 3.3%. The correlation between Stock A and the market is 0.53. Hint One – Remember that the S&P 500 represents the market and that you can use the two probability distributions above to get the expected return and standard deviation for both Stock A and for the market (round calculations to 2 decimal places in percentage terms). Hint Two – You will use the SML to get the required return and you will need to calculate beta from the data provided (round beta to two decimal places).
In: Finance
Unix/Linux
1)
Use the find command to find all directories under /pub/cs/ whose
name is cs160a. Be sure to only display the results that match, do
not display any error output.
Hint: use: 2>/dev/null.
2)
Create a one-line command, using he famous.dat file, to add the
word " STREET" to the address, for all who live on 2nd or
3rd.
For example: '2nd' becomes "2nd STREET" and '3rd' becomes "3rd
STREET".
Display only the first 9 lines.
Hint: use 2 sed statements with pipes.
3)
Display all lines in famous.dat that end in 0 or 1, and have a 1 in
the 3rd from the last column.
For example lines ending in 120 and 131 would be displayed.
4)
Display all lines in famous.dat that have only 4, 5, 6, 7 and 9 in
the zip code.
HINT: this is the same as NOT 0,1,2,3 or 8.
5)
Using only the grep command, search all files with names that end
in either .html or .htm under the$HOME/public_html directory and
display any lines that contain body tags (containing
''). No other output should be displayed even if there
is no public_html directory.
Hint: use two command arguments and 2>
In: Computer Science