At Bradford Bed and Breakfast, the manager is looking to expand the facility. The following facts are known:

Cost of the expansion $2,200,000

The Manager is paid $99,000 per year. Compensation will not change due to the expansion

Property taxes will increase by $33,000 annually

The expansion will add 10 rooms and it is expected all 10 will be occupied by paying guests

The addition of the 10 guests each day is expected to add $800,000 of revenue annually

A garden and patio that was built last summer at a cost of $75,000 will be removed to make way for the expansion.

Additional cost of staff based on 10 occupied rooms is $260,000 annually

Additional cost of supplies and food based on 10 occupied rooms $80,000 annually

All expenses are expected to increase 3% annually. Due to competition revenue is expected to increase only 2% annually.

The useful life of the expansion is 8 years. Bradford uses a 8% discount rate.

Based on this information determine the following:

a. After the building is expanded, what is the incremental fixed cost incurred annually as a result of the expansion?

b. What are the incremental variable expense incurred annually due to the expansion?

c. What are the sunk costs of the expansion, if any?

d. Create an 8 year proforma cash flow statement for the expansion project (assume there are no income taxes)

e. Calculate the projects NPV and IRR. Should the project be accepted or rejected?

1) At Bradford Bed and Breakfast, the manager is looking to expand the facility. The following facts are known:

Cost of the expansion $2,200,000

The Manager is paid $99,000 per year. Compensation will not change due to the expansion

Property taxes will increase by $33,000 annually

The expansion will add 10 rooms and it is expected all 10 will be occupied by paying guests

The addition of the 10 guests each day is expected to add $800,000 of revenue annually

A garden and patio that was built last summer at a cost of $75,000 will be removed to make way for the expansion.

Additional cost of staff based on 10 occupied rooms is $260,000 annually

Additional cost of supplies and food based on 10 occupied rooms $80,000 annually

All expenses are expected to increase 3% annually. Due to competition revenue is expected to increase only 2% annually.

The useful life of the expansion is 8 years. Bradford uses a 8% discount rate.

Based on this information determine the following:

a. After the building is expanded, what is the incremental fixed cost incurred annually as a result of the expansion?

b. What are the incremental variable expense incurred annually due to the expansion?

c. What are the sunk costs of the expansion, if any?

d. Create an 8 year proforma cash flow statement for the expansion project (assume there are no income taxes)

e. Calculate the projects NPV and IRR. Should the project be accepted or rejected?

Utah Enterprises is considering buying a vacant lot that sells for $1.8 million. If the property is purchased, the company's plan is to spend another $6 million today (t = 0) to build a hotel on the property. The after-tax cash flows from the hotel will depend critically on whether the state imposes a tourism tax in this year's legislative session. If the tax is imposed, the hotel is expected to produce after-tax cash inflows of $810,000 at the end of each of the next 15 years, versus $1,710,000 if the tax is not imposed. The project has a 14% cost of capital. Assume at the outset that the company does not have the option to delay the project. Use decision-tree analysis to answer the following questions. What is the project's expected NPV if the tax is imposed? Negative value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the project's expected NPV if the tax is not imposed? Negative value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent. $ Given that there is a 50% chance that the tax will be imposed, what is the project's expected NPV if the company proceed with it today? Negative value, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest cent. $ Although the company does not have an option to delay construction, it does have the option to abandon the project 1 year from now if the tax is imposed. If it abandons the project, it would sell the complete property 1 year from now at an expected price of $7.8 million. Once the project is abandoned, the company would no longer receive any cash inflows from it. If all cash flows are discounted at 14%, would the existence of this abandonment option affect the company's decision to proceed with the project today? Assume there is no option to abandon or delay the project but that the company has an option to purchase an adjacent property in 1 year at a price of $2 million. If the tourism tax is imposed, then the net present value of developing this property (as of t = 1) is only $300,000 (so it wouldn't make sense to purchase the property for $2 million). However, if the tax is not imposed, then the net present value of the future opportunities from developing the property would be $4 million (as of t = 1). Thus, under this scenario it would make sense to purchase the property for $2 million. Given that cash flows are discounted at 14% and that there's a 50-50 chance the tax will be imposed, how much would the company pay today for the option to purchase this property 1 year from now for $2 million? Negative value, if any, should be indicated by a minus sign. Do not round intermediate calculations Round your answer to the nearest cent. $

Brush your hair with a plastic comb. Bring the comb close to a small piece of paper. Move a fridge magnet near the comb and then the paper. Do these objects exert forces on one another? Observation and explain scientific principles please.

Find an example of a publicly-traded company that lists two risk factors in their 10-K that you think will become greater liabilities for them in the near future. If you were the CEO, how would you mitigate those risks?

Binomial distributions are approximately normal when the number of trials is large, and the probaility of success is not near zero or one. A player flips an unbiased coin 1,296 times.

a. What is the probability of the coin landing on heads between 612 and 684 times?

1.Tyrosine has an absorption peak near 280 nm with a molar extinction of 1,450. What would be the absorbance of tyrosine solution that is 1.5x10^-3 M in a 1 cm cell? in a 2 mm cell? in a 0.1 mm cell?

2. Using the molar extinction coefficient from problem 1, determine the E1%280 for tyrosine. The E1%280 is also an extinction coefficient but of a 1% solution measured at the peak near 280 nm. A 1% solution contains 1 gram of tyrosine in 100 mL of total solution. You will have to look up or figure out the molecular weight of tyrosine to solve this problem.

3.What will be the absorbance in a 1 cm cell of tyrosine solution that is 1 mg/mL in concentration? a 1 g/L solution? If these are the same why are they the same? If they are not, why not?

Wrap up question 1: You hold a “Top” piece of charged tape near an uncharged soda can. Describe the behavior of the tape. Would the behavior be different if you used a “Bottom” piece of tape instead? Explain.

Wrap up question 2: Suppose there exists a third type of charge in addition to the two types we associate with glass and plastic. Call this third type X charge. What experiment(s) could you use to test whether an object has X charge? State clearly how the outcome(s) of the experiment(s) would be interpreted.

Wrap up question 3: A positively charged electroscope has separated leaves. Describe what will happen if you bring a negatively charged rod near, but not touching, the top of the electroscope.

The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.

​a) For the location of the proposed new central​ hub, the coordinates should be​ near:

x​ = ____ ​(round your response to two decimal​ places).

y​ = _____ ​(round your response to two decimal​ places).

​b) If the shipments from city A double​, for the location of the proposed new central​ hub, the coordinates should be​ near:

x​ = ___ ​(round your response to two decimal​ places).

y​ = ___ ​(round your response to two decimal​ places).