*** ALL QUESTIONS MUST BE ANSWERED IN FULL DETAIL AS SPECIFICALLY REQUESTED -- IF YOU CANNOT ANSWER ALL PARTS OF ALL 3 QUESTIONS, PLEASE DO NOT ANSWER ***
***ANSWERS MUST BE CLEARLY LABELED WITH SUPPORTING CALCULATIONS NEXT TO IT -- DO NOT JUST FILL IN A TABLE -- THANK YOU ***
The Downstream Company rents kayaks and transports kayaks and customers to and from their kayak trip on a local river. The trip is priced at $20 per person and has a contribution margin ratio of 30%. The company’s fixed expenses are $84,000. Last year, sales were $400,000 and profit was $36,000.
a) Provide a definition for break-even analysis, and ALSO explain how a manager would use break-even analysis to enable more effective decision making when you compare your answers from “item b” to “item c”, in the next section of this particular problem.
b) Based on the information provided in this problem, how many units need to be sold to break-even?Show all detailed supporting calculations that were used to determine the final number of units that need to be sold for this company to break-even.
c) Based on the information provided in this problem, how many units need to be sold to earn a target profit of $42,000? ALSO you are required to show all detailed supporting calculations that were used to determine the final number of units that need to be sold for this company to earn a profit of $42,000.
In: Accounting
Assume you have been recently hired by the Department of Transportation (DoT) to analyze motorized vehicle traffic flows. Your initial goal is to analyze the traffic and traffic delays in a large metropolitan area.
You choose to use a weighted graph to represent this particular scenario. Remember that a graph is a collection of nodes (or vertices) and edges. Each edge will have a corresponding weight.
Describe how you would construct such a weighted graph. What do the nodes represent? What do the edges represent? What values would the weights represent? Is this graph a tree? Justify your design. Feel free to include an example in your description.
Describe an adjacency matrix you might create to represent this graph. What do the rows represent? What do the columns represent? What do the entries in the matrix represent? Feel free to create an example or create an illustration to better explain yourself.
Suppose you wish to identify the shortest travel time between nodes on the graph. What type of path would represent such a route? Describe this path in detail.
Suppose that the DoT is considering repairing some of the roads in the metropolitan area. But first, the DoT wishes to assess each and every road to determine which of the roads require repair. You have reported to the manager of the repair project and noted that you can use your graphical representation and graph-based methods to suggest the most efficient route the inspection crew can take to inspect all the roads. Describe in detail and name the type of the particular path on the graph that would represent this most efficient route. Consider all aspects of travel time undertaken by the inspection crew. Justify your answer.
Suppose that the DoT is planning to widen roads that create a bottleneck in the flow of traffic. As such, you pose this problem as a max flow/min cut problem. You have determined that roads are in need of widening if the traffic flow on the roads is at maximum capacity; these roads are essentially the bottlenecks of the road system. These bottleneck roads can be identified using the Max Flow/Min Cut theorem.
Using the graph representation of the road system, explain how the Max Flow/Min Cut theorem can be used to identify the bottleneck roads.
Create an example graph one might use to analyze this network as a Max Flow problem. Include at least 8 nodes and 16 edges. Include capacities and flows and identify the max flow and/or min cut.
In: Advanced Math
There was a demonstration of the falling magnet in a simple copper tube. Explain, in detail, the physics behind why the magnet slows its descent through the tube (it does not touch the sides). In your discussion be sure to explain why the magnet doesn't come to a stop in the tube and why it does not speed up.
In: Physics
In the Exxon Valdez oil spill, which severely affected the wildlife population, explain which valuation method would be ideal, to arrive at the total compensation that Exxon should have been charged with. Explain in detail the reason for your choice and the possible limitation of the method you have chosen
In: Finance
Bidwell Leasing purchased a single-engine plane for its fair
value of $599,781 and leased it to Red Baron Flying Club on January
1, 2018.(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and
PVAD of $1) (Use appropriate factor(s) from the tables
provided.)
Terms of the lease agreement and related facts were:
| Amount to be recovered (fair value) | $ | 599,781 | |
| Lease payments at the beginning of each of the next eight years: ($599,781÷ 5.7122*) | $ | 105,000 | |
*Present value of an annuity due of $1: n = 8, i = 11%.
Required:
1. How should this lease be classified (a) by
Bidwell Leasing (the lessor) and (b) by Red Baron (the
lessee)?
2. Prepare the appropriate entries for both Red
Baron Flying Club and Bidwell Leasing on January 1, 2018. (If no
entry is required for a transaction/event, select "No journal entry
required" in the first account field.)
3. Prepare an amortization schedule that describes
the pattern of interest expense over the lease term for Red Baron
Flying Club. (Round your intermediate calculations to the nearest
dollar amount.)
4. Determine the effective rate of interest for
Bidwell Leasing for the purpose of recognizing interest revenue
over the lease term.
5. Prepare an amortization schedule that describes
the pattern of interest revenue over the lease term for Bidwell
Leasing. (Round your intermediate calculations to the nearest
dollar amount.)
6. Prepare the appropriate entries for both Red
Baron and Bidwell Leasing on December 31, 2018 (the second lease
payment). Both companies use straight-line depreciation. (If no
entry is required for a transaction/event, select "No journal entry
required" in the first account field. Round your intermediate
calculations to the nearest dollar amount.)
7. Prepare the appropriate entries for both Red
Baron and Bidwell Leasing on December 31, 2024 (the final lease
payment). Both companies use straight-line depreciation. (If no
entry is required for a transaction/event, select "No journal entry
required" in the first account field. Round your intermediate
calculations to the nearest dollar amount.)
In: Accounting
One theme in this module is the perceived tension between free exercise of religion (guaranteed under the 1st amendment to the Constitution) and equal protection under the law (guaranteed by the 14th amendment to the U.S. Constitution).
Excerpt from 1st Amendment to the U.S. Constitution
“Congress shall make no law respecting an establishment of
religion, or prohibiting the free exercise thereof; or abridging
the freedom of speech, or of the press; or the right of the people
peaceably to assemble, and to petition the Government for a redress
of grievances.”
Excerpt from Section 1 of the 14th Amendment to the U.S.
Constitution
“No state shall make or enforce any law which shall abridge the
privileges or immunities of citizens of the United States; nor
shall any state deprive any person of life, liberty, or property,
without due process of law; nor deny to any person within its
jurisdiction the equal protection of the laws.”
In short, which is more at risk: freedom of religion OR equality of all people under the law? Explain your answer.
In: Psychology
Explain the function/purpose of the following section of the script
-- Set environment variables
SET FEEDBACK OFF
SET HEADING OFF
SET VERIFY OFF
Explain the function/purpose of the following section of the script
PROMPT ********** Create New Order **********
PROMPT
SELECT 'Date: ', TO_CHAR(SYSDATE,'MM/DD/YYYY') FROM DUAL;
PROMPT
Explain the function/purpose of the following section of the script
DEFINE v_cus_lname = 'Customer Not Found'
DEFINE v_cus_fname = 'Customer Not Found'
DEFINE v_cus_phone = 'N/A'
Explain the function/purpose of the following section of the script
ACCEPT v_cus_code NUMBER FORMAT 99999 PROMPT 'Enter Customer Code (format 99999): '
In: Computer Science
You recently won $10,000 in your class project competition. Your financial advisor recommends that you invest it in five stocks in the stock market. Omit all transaction costs Assignment: DUE Wednesday September 9, 11:59 pm Section A: Use Microsoft Excel Step 1: Copy the tables in Part 1 below. They are in Excel Step 2. Go to any financial website (I recommend Yahoo Finance) between August 26 and September 4 . Step 3: Choose 5 stocks that have all the features listed in the Table below. Note: N/A and 0 are not acceptable Step 4. Pretend you use the $10,000 to purchase the 5 stocks you pick. Allocate the $10,000 among the 5 stocks Section B: Use Microsoft Word Step 5. (a) Say why you purchased these stocks. For example, I use the product or I own the stock. Any reason is OK. (b) Write a definition for each of the stock features incluing formulas, if any. For example, P/E is ____.The formula for calculating P/E is ____________ ( c) What is a stock Exchange? What is the Dow Jones Index? What is the S&P 500? What is the NASDAQ? Use any financial website to find your company, its symbol and the features listed below. I recommend Yahoo Finance.
Personal Finance class
In: Finance
Problem 1
Suppose there is a bucket with 1 blue, 1 green, 1 red, and 1 purple ball. I draw two out randomly.
What is the sample space of this experiment?
Let R be the event that one of the balls you selected was red. What is P(R)?
Let B be the event that one of the balls you selected was blue. What is P(B)?
Now find: ("C" in B^C is the complement. The complement of a set is the set of elements in the population that are not in A. It is denoted as A^C. Example: Population: Integers from 1 to 10 A = {1, 2, 9} A^C = {3, 4, 5, 6, 7, 8, 10})
P ( BC) =
P(R ∩ B) =
P(R ∪ B) =
P(R | B) =
Based on the values that you have just calculated, are events R and B statistically independent? Explain your answer.
Problem 3
A social worker observed that people in a drug addiction treatment program who exercise regularly are less likely to relapse than those who do not. Support the probability of relapse during the first year after quitting is 0.50, and the probability of relapse among those who exercise regularly is 0.20. You also know that half of the subjects exercise regularly.
Define the two “events” in this case.
Write down the unconditional probabilities of these events. Use proper probability notation.
What is the probability of relapse among those who do not exercise regularly?
In: Statistics and Probability
In: Economics