home / study / business / finance / finance questions and answers / ashley runs a small business, in boulder colorado. she expects the business to grow substantially ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Ashley runs a small business, in Boulder Colorado. She expects the business to grow substantially... Ashley runs a small business, in Boulder Colorado. She expects the business to grow substantially over the next three years. Because she is concerned about product liability and is planning to take the company public in year 2 she is considering incorporating the business.The financial data is as follows: Year 1 - Sales revenue = 150,000 tax-free interest= 5,000 deductible cash expenses= 30,000 tax depreciation= 25,000 Year 2 sales revenue= 320,000 tax-free interest= 8,000 deductible cash expenses= 58,000 tax depreciation= 20,000 Year 3 sales revenue= 600,000 tax free interest= 15,000 deductible cash expenses= 95,000 tax depreciation= 40,000. Ashley expects her combined Federal and state marginal income tax rate to be 35% over the three years before any profits from the business are considered. Her after-tax cost of capital is 12%. a.) Considering only this data, compute the present value of the future cash flows for the three-year period, assuming Ashley incorporates the business and pays all after-tax income as dividends (for Ashley's dividends that qualify for the 15% rate). b.) Considering only this data, compute the present value of the future cash flows for the period, assuming Ashley continues to operate the business as a sole proprietorship. c.) Should Ashley incorporate the business in year 1? Why or why not? I need the answer to question b and c

At the end of 2016 in the retail division, Devin runs a report that shows all products that have not sold at all in 2016. This report shows the following three products that have been discontinued by the manufacturer:

Item L78 that cost $226 and 2 are on hand. Retail price $299

Item R56 that cost $65 and 6 are on hand. Retail price $99

Item B86 that cost $148 and 4 are on hand. Retail price $265

While investigating these items, we find out that for all of them, the sales crew has marked them down 25% but that has not resulted in sales. The lack of parts and support for discontinued models concerns most customers. In early January, 2017 - Devin marks down the models listed above at 50% off retail price. They put the items in a more prominent position in the store and promote them in the online catalog. Sales start to trickle in.

Required for 2016:

1. Calculate the loss from the application of LCM for Devin if they apply LCM to individual products as of December 31, 2016.
2. Show the journal entry to record the loss calculated in 1 if necessary.
3. Show the journal entry to sell all of items L78, R56 and B86 for cash in January and February, 2017.

A developer of a subdivision wants to preserve the open space and natural habitat that runs along the back portion of a series of large lots in the proposed subdivision.   He is debating whether to use restrictive covenants to accomplish this or to create a habitat easement on the same space. What are the pros and cons of each choice?

JAVA: This is my code, but when it runs, for the "Average Score" output, it only gives me NaN. How can I fix that?

import java.util.Scanner;

public class prog4 {
public static void main(String[] args) {
Scanner reader = new Scanner(System.in);

String name;
double score;
double minScore = 0;
double maxScore = 0;
int numberOfRecords = 0;
double sum = 0;
double average = sum / numberOfRecords;

System.out.printf("%-15s %-15s %-15s\n", "Student#", "Name", "Score");
  
       while (reader.hasNext()) {
name = reader.next();
score = reader.nextDouble();
sum += score;
System.out.printf("%8d%12s %16.2f\n", numberOfRecords + 1, name, score);
if (numberOfRecords == 0) {
minScore = score;
} else if (minScore > score) {
minScore = score;
}
if (maxScore < score) {
maxScore = score;
}
numberOfRecords += 1;
}

System.out.println("Number of Records: " + numberOfRecords);
System.out.printf("Max Score: %.2f\n", maxScore);
System.out.printf("Min Score: %.2f\n", minScore);
System.out.printf("Average Scores: %.2f\n", average);

}

}

A local gym is looking in to purchasing more exercise equipment and runs a survey to find out the preference in exercise equipment amongst their members. They categorize the members based on how frequently they use the gym each month – the results are below. Run an independence test at the 0.01 level of significance.

Enter the P-Value

The risk of HIV:

The risk of HIV runs high in North America. In the at-risk population, about 1 in 30 people are HIV carriers, while in general population (people who are not at risk), 1 in 300 are. The at-risk population is 2% in total in North America. Doctors have developed a test for HIV and suppose that it correctly identifies carriers 95% of the time, while it correctly identifies the disease-free only 90%. As the test detects HIV only, you can assume that it is conditionally independent of being at risk, given carrier or not-carrier status.

a. If a random person is sampled, what is the probability that he/she is a carrier?

b. Given that a person has a positive test result and is not in the at-risk population, what is the probability that he/she is a carrier?

14. An engine runs at a constant load at a speed of 480 r.p.m. The crank effort diagram is drawn to a scale
1 mm = 200 N-m torque and 1 mm = 3.6º crank angle. The areas of the diagram above and below the
mean torque line in sq mm are in the following order:
+ 110, – 132, + 153, – 166, + 197, – 162
Design the flywheel if the total fluctuation of speed is not to exceed 10 r.p.m. and the centrifugal stress
in the rim is not to exceed 5 MPa. You may assume that the rim breadth is approximately 2.5 times the
rim thickness and 90% of the moment of inertia is due to the rim. The density of the material of the
flywheel is 7250 kg/m3.
Make a sketch of the flywheel giving the dimensions of the rim, the mean diameter of the rim and
other estimated dimensions of spokes, hub etc

1. **A crate with a mass of 45 kg is suspended from a massless rope that runs vertically upward over a light pulley. The other end of the rope is connected to a 35 kg crate, which lies on a tabletop. The coefficients of the kinetic friction and the static friction between the crate and the surface are 0.3 and 0.5 respectively. An applied force, F, pulls the 35 kg crate to the right.

1. In the first case, the applied force is just sufficient to keep the crates from sliding. Draw clearly labeled free-body diagrams for each crates including all forces drawn to scale.
2. How much force would need to be applied in this first case?
3. In the second case, the 35 kg crate is sliding to the right with a constant velocity. Draw clearly labeled free-body diagrams for each crate including all forces drawn to scale.
4. How much force would need to be applied in this second case?
5. In the third case, the 35 kg crate moves to the right at a constant acceleration of 0.5 m/s². Draw clearly labeled free-body diagrams for each crates including all forces drawn to scale. In this instance, draw the direction of acceleration next to each diagram.
6. How much force would need to be applied in the third case.

Viewing the return rate of lost letters as a measure of social responsibility in neighborhoods, a social psychologist intentionally ‘loses’ self-addressed, stamped envelopes near mailboxes. Furthermore, to determine whether social responsibility, as inferred from the mailed return rates, varies with the type of neighborhood, lost letters are scattered throughout three different neighborhoods: downtown, suburbia, and a college campus.

Letters are ‘lost’ in each of the three types of neighborhoods according to procedures that control for possible contaminating factors, such as the density of pedestrian traffic and mailbox accessibility. (Ordinarily, the social psychologist would probably scatter equal numbers of letters among the three neighborhoods, but to maximize the generality of the current example, we will assume that a total of 200 letters were scattered as follows: 60 downtown, 70 in suburbia, and 70 on campus.) Each letter is cross classified on the basis of the type of neighborhood where it was lost and whether or not it was returned. For instance, of the 60 letters lost downtown, 39 were returned, while of the 70 letters lost in suburbia, 40 were not returned. When observations are cross classified according to two qualitative variables, as with the lost letter study, the test is a two-variable test. Answer the following.

A) Defined null and alternative hypothesis?

B) Obtain all expected frequencies from table of observed frequencies?

C) Find test statistic value?

D) Identify degrees of freedom?

E) Find the chi-squared value?

F) What is the conclusion?

Auditing - Chapter Seven

This assignment consists of one question with two parts listed below. Answer the questions and submit to the drop box on the assigned date. Your paper should be double-spaced and at minimum two pages long. You may use any format for the answer, however, when appropriate, the Conclusion, Rule, Application, Conclusion format is preferable for clarity and better understanding.

Question

Importance of materiality judgments

Explain how auditors determine planning materiality and performance materiality. What happens if performance materiality is set too high or, alternatively, too low.