UBTECH Robotics is expected to generate the following free cash flows over the next five years. After which, the free cash flows are expected to grow at the industry average of 3% per year. Using the discounted free cash flow model and the weighted average cost of capital of 11%
UBTECH Robotics FCF Forecast ($ Millions) Year 1999, 2000, 2001, 2002, 2003, 2004
FCF (Amount in Millions)$55, $45, $89, $102, $84, $87
a. Estimate the enterprise value (V0) of UBTECH Robotics.
b. If UBTECH Robotics has excess cash of $5.6 Billion, a debt of $800 Million and 50 Million shares outstanding, estimate its share price (P0).
In: Finance
Metropolitan Hospital has estimated its average monthly bed needs, N, as:
N=460+5XN=460+5X
where X = time period (months); (January 2002 = 0)
Assume that no new hospital additions are expected in the area in the foreseeable future. The following monthly seasonal adjustment factors have been estimated, using data from the past five years:
Forecast Metropolitan's bed demand for January, April, July, November, and December 2007.
|
Month |
Adjustment Factor (%) |
Forecast |
|---|---|---|
| January | +5 | 760/798/724 |
| April | -15 | 912/775/659 |
| July | +4 | 790/822/760 |
| November | -5 | 810/770/853 |
| December | -25 | 1087/815/611 |
Suppose the following actual and forecast values for June bed demands have been recorded.
|
Year |
Forecast |
Actual |
|---|---|---|
| 2007 | 785 | 801 |
| 2006 | 725 | 776 |
| 2005 | 665 | 685 |
| 2004 | 605 | 653 |
| 2003 | 545 | 567 |
| 2002 | 485 | 529 |
What seasonal adjustment factor would you recommend be used in making future June forecasts?
3.4%
5.5%
0.7%
In: Economics
Year Price Year Price
1990 12.9135 2000 49.5625
1991 16.8250 2001 48.6803
1992 20.6125 2002 42.2211
1993 20.3024 2003 46.6215
1994 18.3160 2004 52.2019
1995 27.7538 2005 59.8534
1996 29.0581 2006 62.0002
1997 36.0155 2007 77.5108
1998 40.6111 2008 54.7719
1999 35.0230 2009 60.8025
a. Plot the data.
b. Use EXCEL’s Data Analysis add-in to determine the least squares trend equation.
c. Discuss the regression equation and include both the coefficient of determination and the
correlation coefficient in the discussion. Make sure to test the coefficient to determine if
it is statistically significant at the .01 significance level.
d. Calculate the points for the years 1992 and 2004.
e. (i) Estimate the selling price in 2014.
(ii) Does this seem like a reasonable estimate based on historical data? Why or why not?
f. By how much has the stock price increased or decreased (per year) on average during the period?
Show ALL of your work and show it in a neat and orderly fashion.
In: Statistics and Probability
The following selected transactions relate to liabilities of United Insulation Corporation. United’s fiscal year ends on December 31. 2018 Jan. 13 Negotiated a revolving credit agreement with Parish Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $29.5 million at the bank’s prime rate. Feb. 1 Arranged a three-month bank loan of $7.2 million with Parish Bank under the line of credit agreement. Interest at the prime rate of 7% was payable at maturity. May 1 Paid the 7% note at maturity. Dec. 1 Supported by the credit line, issued $16.9 million of commercial paper on a nine-month note. Interest was discounted at issuance at a 6% discount rate. 31 Recorded any necessary adjusting entry(s).2019 Sept. 1 Paid the commercial paper at maturity.
In: Accounting
Green and Green (2004) discuss changes in Canadian immigration policy.
1. How did the power to set immigration policy change in 1910? Name an advantage and a disadvantage.
2. How did immigration change in the 1930’s? Was the change based on a long-term view, or a short term view?
In: Economics
The charging min value is zero and max value is 100. When the
charger is not plugged, the robot is in discharging state and the
battery decreases. When charger is attached, the state is changed
to charging and the value increase. Once it reaches the max
limit, the state changes to battery full.
Q) Write boundary value analysis for battery level.
Q) Write test cases for battery level for both valid and invalid.
In: Computer Science
1. A scientific hypothesis is a method in science where
scientists are in the process of trying to prove or disprove a
phenomenon.
a. True
b. False
2. What energy source is Earth using primarily for its
internal processes?
a. Ancient asteroid impact
b. The core
c. Radioactive decay
d. The Sun
3. The element most abundant in Earth's core
is:
a. Calcium
b. Iron
c. Chlorine
d. Silicon
e. Oxygen
4. The asthenosphere is defined as a
__________.
a. Rocky layer having a relatively uniform chemical
composition.
b. Rigid layer of crustal and mantle material.
c. Rocky layer composed mainly of crustal rocks.
d. Plastic layer composed mainly of mantle material.
e. Tsunami zone
5. The least dense layer of Earth is the
__________.
a. Crust
b. Inner core
c. Outer core
d. Mantle
e. Low velocity zone
6. The layer that sits directly under the outer core is
called:
a. Lithosphere
b. Mantle
c. Asthenosphere
d. Inner core
e. Mesosphere
7. The youngest rocks of the seafloor are found at the
mid-ocean ridges of the world.
a. True
b. False
8. What type of plate boundary is located at the
mid-Atlantic Ridge?
a. Divergent boundary
b. Convergent boundary
c. Transform boundary
d. There is no plate boundary
9. What type of plate boundary does the San Francisco
Bay Area sit on?
a. Divergent boundary
b. Convergent boundary
c. Transform boundary
d. There is no plate boundary
10. What type of plate boundary is found off the coast
of Northernmost California, Oregon and Washington
State?
a. Divergent boundary
b. Convergent boundary
c. Transform boundary
d. There is no plate boundary
In: Other
IBL 6: Boundaries
In: Psychology
Explain the three types of tectonic plate boundaries, and the three sub-types of the one boundary. In your explanation you must include:
In: Physics
The annual maximum flow data for two different periods of record for Genesee River at Rochester, NY, are given below. Determine whether there is homogeneity in the sequence of data of two periods, at the 2.5% level of significance.
|
Year Discharge (m3/s) |
Year Discharge (m3/s) |
|
1948 21,600 1949 16,400 1950 33,100 1951 20,200 1952 17,700 1953 17,100 1954 17,500 1955 19,100 1956 24,300 1957 17,000 1958 14,900 1959 17,700 1960 25,800 |
2001 20,300 2002 23,300 2003 13,800 2004 28,200 2005 19,400 2006 18,200 2007 16,300 2008 18,000 2009 20,000 2010 17,800 2011 18,400 2012 11,500 2013 21,000 2014 14,900 |
In: Math