| In 2010, Pandora, Inc., makes a rights issue at a subscription price of $5 a share. One new share can be purchased for every four shares held. Before the issue there were 8 million shares outstanding, and the share price was $6.5. |
| a. | What is the total amount of new money raised? (Round your answer to 2 decimal places.) | |
| Total amount of money raised $ million | ||
| b. | What is the expected stock price after the rights are issued? (Round your answer to the nearest cent.) | |
| Expected stock price per share $ | ||
In: Finance
describe at least four (4) strategies the employer can take during the collective bargaining process. Include how to successfully manage deadlocks during the process. Explain what is meant by “good faith” in regards to both the employer and the union during collective agreement negotiations.
In: Economics
7. Property taxes for an Ontario resident over the years are listed.
Year: 2007 2008 2009 2010 2011 2012
Taxes: $2,900 $3,000 $3,150 $3,300 $3,400 $3,600
a) Draw/sketch a scatter diagram.
b) Calculate the least squares equation.
c) Predict the property tax for the year 2020.
In: Statistics and Probability
On January 1, 2015, a machine was purchased for $90,900. The machine has an estimated salvage value of $6,060 and an estimated useful life of 5 years. The machine can operate for 101,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 20,200 hrs; 2016, 25,250 hrs; 2017, 15,150 hrs; 2018, 30,300 hrs; and 2019, 10,100 hrs.
Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)
Year Straight-line Method Sum-of-the-years'-digits method Double-declining-balance method
2015
2016
2017
2018
2019
2020
In: Accounting
On January 1, 2015, a machine was purchased for $94,500. The machine has an estimated salvage value of $6,300 and an estimated useful life of 5 years. The machine can operate for 105,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 21,000 hrs; 2016, 26,250 hrs; 2017, 15,750 hrs; 2018, 31,500 hrs; and 2019, 10,500 hrs. Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.) Year Straight-line Method Sum-of-the-years'-digits method Double-declining-balance method 2015 $ $ $ 2016 2017 2018 2019 2020
In: Accounting
Before shopping on-line became very popular with consumers a few years ago, 10% of retail outlets in Canada closed their doors each year (i.e., went out of business). A random sample of 200 retail outlets across Canada which were open at the beginning of 2019 were randomly selected for a study. At the end of 2019, 25 or these outlets were no longer open. At the .10 level of significance, is there sufficient evidence that the proportion of all Canadian retail outlets that closed in 2019 is greater than the proportion that closed before shopping on-line became very popular? In answering this question, complete the following in the spaces provided (including diagrams):
Please provide hypothesis, test staistic, decision rule, p-value, and conclusion.
In: Statistics and Probability
Estimate the value per share at the end of 2018.
In: Finance
Suppose you are about to start working for Apple Corp. as an intern, so you do some research on the various job positions within the company. In your area of work, there are 4 basic positions that you can hold: intern, programmer, analyst, and project manager.
Each year there is a chance for promotion, and there is also a chance of “involuntary separation” from the company. (In other words, getting fired.)
If you are an intern, there is a 50% chance each year of being promoted to programmer, and a 10% of being fired.
If you are a programmer, there is a 12% chance each year of being promoted to analyst, and a 6% of being fired.
If you are an analyst, there is a 5% chance each year of being promoted to project manager, and a 3% of being fired.
If you are a project manager, you cannot be promoted but there is a 5% chance of being fired.
If you are not promoted or fired, then you stay in the same position. If you are fired, then you cannot be rehired.
What are the different states in this system?
Using excel, construct the transition matrix T for this system. Make sure to label the states.
Assuming you start working as an intern, what is the initial-state matrix S0?
Find S5, S10 and S20 for this system.
What is the probability that you will be an intern after 10 years?
What is the probability that you will be a project manger in 5 years?
What is the probability that you will be fired within 20 years?
In: Statistics and Probability
In: Operations Management
(This is the full question. Consultant, Computer Programmer, and Administrator only has to be answered for. Thank you!)--Calculate Payroll
Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $2,410 per week | $34 per hour | $44 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Accounting