Answer the next 3 questions based on this information
Despite having a near-monopolistic market position, poor management and operational practices have left the Nautical Boating Network Corporation (NBN Co for short) significantly underfunded and needing to raise more capital. Because of its monopolistic position, debt holders are willing to lend NBN an additional $100 million, at a 1% premium to their current before-tax cost of debt of 4%. (This cost of debt of 5% will apply to all company debts after the debt raising). Even with its questionable management team, the additional debt is not expected to increase the risk of financial distress for NBN. The current market value of NBN’s assets are $300 million and the current Debt to Equity ratio is 0.5. NBN has a current cost of equity of 8% and is subject to a 30% corporate tax rate.
What is NBN’s current before-tax WACC?
6.67%
7.00%
6.00%
6.50%
If NBN’s unlevered cost of equity is currently 7.2%, what will be the new cost of equity after the debt raising?
12.00%
10.25%
11.00%
9.40%
If NBN’s cost of equity after the debt raising is 10%, what will be the after-tax WACC after the debt raising?
6.75%
5.81%
6.65%
6.17%
6.20%
In: Finance
Case Vignette: Which Trauma based disorder (Posttramatic stress disorder (PTSD), Acute stres disorder (ASD) or adjusment disorder is Bethany and Charles each suffering from and why? Dignosis Bethany and Charles and use symptoms from the case vignette (story below) to supportthe dignosis.
Bethany Pinsky, age 23, has gone to a theater to see the local premiere of a big-budget movie. As she settles into her seat, waiting for the show to begin, a young man in a ski mask suddenly appeared in front of the screen. Brandishing an assault rifle, he fired directly into the audience. She saw many people get shot, including the woman sitting next to her. People all around began screening, and there was a confused stampede for the exit door. Terrified, she somehow fought her way to the exit and escaped, uninjured, to the parking lot, where police cars were just arriving.
Charles Quigley, age 25, went to the same movie theater at the same time. He too feared for his life. Hiding behind a row of seats, he was able to crawl to the aisle and quickly sprint to the exit. Although covered in blood, he escaped without physical injury.
Bethany, Two Weeks Later
Bethany comes to see you. She has not recovered 2 weeks later. She feels emotionally constricted, and unable to experience pleasant or positive feelings. She jumps at the slightest sound, she is unable to focus on her work and her sleep has been fitful and marked by traumatic nightmares. She has tried to avoid any reminders of the shooting but nevertheless relentlessly recalls the sounds of gunfire, the screams, and the sticky feel of the blood pouring out of her neighbor's chest in the movie theater. She feels the experience has changed her life forever.
Charles, Two Months Later
Charles comes to see you as he has been having a difficult time sleeping and concentrating. He feels like he wasn't impacted as much as others by the event but continues to think about the shooting. He finds himself sad at times and easily cries. He feels his heart rate increase and becomes slightly nervous at a loud sound. He feels anger towards others who tell him that they understand how he feels. When asked about his job and personal relationships, he states that he has been able to keep his job. However, he is afraid he may get fired soon as his performance at work has been poor due to his inability to concentrate. His girlfriend tries to help him but he feels she can't understand his pain since she wasn't there. She has noticed his low energy and feeling of hopelessness lately and suggested that he see someone.
In: Psychology
Auto Lavage is a Canadian company that owns and operates a large
automatic carwash facility near Quebec. The following table
provides data concerning the company’s expected
costs:
|
Fixed Cost per Month |
Cost per Car Washed |
||||
| Cleaning supplies | $ | 0.80 | |||
| Electricity | $ | 1,950 | 0.20 | ||
| Maintenance | 0.40 | ||||
| Wages and salaries | 5,200 | 0.50 | |||
| Depreciation | 8,800 | ||||
| Rent | 2,600 | ||||
| Administrative expenses | 2,300 | 0.03 | |||
For example, electricity costs are $1,950 per month plus $0.20 per
car washed. The company expects to wash 8,500 cars in October and
to collect an average of $6.40 per car washed.
Auto Lavage’s actual level of activity was 8,600 cars. The
actual revenues and expenses for October are given below:
|
Auto Lavage Income Statement For the Month Ended October 31 |
||
| Actual cars washed | 8,600 | |
| Sales | $ | 56,700 |
| Variable expenses: | ||
| Cleaning supplies | 7,250 | |
| Electricity | 1,800 | |
| Maintenance | 3,000 | |
| Wages and salaries | 4,560 | |
| Administrative | 350 | |
| Fixed expenses: | ||
| Electricity | 2,000 | |
| Wages and salaries | 5,200 | |
| Depreciation | 8,800 | |
| Rent | 2,600 | |
| Administrative | 2,245 | |
| Total expense | 37,805 | |
| Net operating income | $ | 18,895 |
Required:
1. Prepare a flexible budget performance report
for October. (Indicate the effect of each variance by
selecting "F" for favourable, "U" for unfavourable, and "None" for
no effect (i.e., zero variance).)
2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 8,500 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)
In: Accounting
Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company’s expected costs:
|
Fixed Cost per Month |
Cost per Car Washed |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cleaning supplies | $ | 0.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Electricity | $ | 2,050 | 0.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maintenance | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wages and salaries | 5,300 | 0.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Depreciation | 8,900 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rent | 2,700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Administrative expenses | 2,410 | 0.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
For example, electricity costs are $2,050 per month plus $0.30 per car washed. The company expects to wash 8,600 cars in October and to collect an average of $8.00 per car washed. Auto Lavage’s actual level of activity was 8,700 cars. The
actual revenues and expenses for October are given below:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
Auto Lavage is a Canadian company that owns and operates a large
automatic carwash facility near Quebec. The following table
provides data concerning the company’s expected
costs:
|
Fixed Cost per Month |
Cost per Car Washed |
||||
| Cleaning supplies | $ | 0.80 | |||
| Electricity | $ | 2,150 | 0.20 | ||
| Maintenance | 0.40 | ||||
| Wages and salaries | 5,400 | 0.50 | |||
| Depreciation | 9,000 | ||||
| Rent | 2,800 | ||||
| Administrative expenses | 2,520 | 0.05 | |||
For example, electricity costs are $2,150 per month plus $0.20 per
car washed. The company expects to wash 8,700 cars in October and
to collect an average of $6.60 per car washed.
Auto Lavage’s actual level of activity was 8,800 cars. The
actual revenues and expenses for October are given below:
|
Auto Lavage Income Statement For the Month Ended October 31 |
||
| Actual cars washed | 8,800 | |
| Sales | $ | 60,300 |
| Variable expenses: | ||
| Cleaning supplies | 7,640 | |
| Electricity | 1,820 | |
| Maintenance | 2,990 | |
| Wages and salaries | 4,760 | |
| Administrative | 520 | |
| Fixed expenses: | ||
| Electricity | 2,220 | |
| Wages and salaries | 5,400 | |
| Depreciation | 9,000 | |
| Rent | 2,800 | |
| Administrative | 2,445 | |
| Total expense | 39,595 | |
| Net operating income | $ | 20,705 |
Required:
1. Prepare a flexible budget performance report
for October. (Indicate the effect of each variance by
selecting "F" for favourable, "U" for unfavourable, and "None" for
no effect (i.e., zero variance).)
2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 8,700 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)
In: Accounting
Auto Lavage is a Canadian company that owns and operates a large
automatic carwash facility near Quebec. The following table
provides data concerning the company’s expected
costs:
|
Fixed Cost per Month |
Cost per Car Washed |
||||
| Cleaning supplies | $ | 0.90 | |||
| Electricity | $ | 3,450 | 0.30 | ||
| Maintenance | 0.50 | ||||
| Wages and salaries | 6,600 | 0.60 | |||
| Depreciation | 10,200 | ||||
| Rent | 4,000 | ||||
| Administrative expenses | 3,740 | 0.07 | |||
For example, electricity costs are $3,450 per month plus $0.30 per
car washed. The company expects to wash 9,900 cars in October and
to collect an average of $7.80 per car washed.
Auto Lavage’s actual level of activity was 10,000 cars. The actual revenues and expenses for October are given below:
| Auto Lavage Income Statement For the Month Ended October 31 |
||
| Actual cars washed | 10,000 | |
| Sales | $ | 79,900 |
| Variable expenses: | ||
| Cleaning supplies | 9,850 | |
| Electricity | 3,082 | |
| Maintenance | 4,525 | |
| Wages and salaries | 6,250 | |
| Administrative | 790 | |
| Fixed expenses: | ||
| Electricity | 3,540 | |
| Wages and salaries | 6,600 | |
| Depreciation | 10,200 | |
| Rent | 4,000 | |
| Administrative | 3,645 | |
| Total expense | 52,482 | |
| Net operating income | $ | 27,418 |
Prepare a flexible budget performance report for October. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)
2. Prepare a comprehensive performance report for October. Assume that the static budget for October was based on an activity level of 9,900 cars. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)
In: Accounting
DROP DATABASE class;CREATE DATABASE class;Use class;drop table if exists Class;drop table if exists Student;CREATE TABLE Class (CIN int PRIMARY KEY, FirstName varchar(255), LastName varchar(255), Gender varchar(1), EyeColor varchar(50), HairColor varchar(50), HeightInches int,CurrentGrade varchar(1));CREATE TABLE Student (SSN int PRIMARY KEY,FirstName varchar(255),LastName varchar(255), Age int,BirthMonth varchar(255),HeightInches int,Address varchar(255),City varchar(255),PhoneNumber varchar(12),Email varchar(255),FavColor varchar(255),FavNumber int);INSERT INTO Class VALUES(1, "David", "San", "M", "BRN", "BLK", 72, "-");INSERT INTO Class VALUES(2, "Jeff", "Gonzales", "M", "BRN", "BLK", 68, "B");INSERT INTO Class VALUES(3, "Anna", "Grayson", "F", "BRN", "BRN", 62, "A");INSERT INTO Class VALUES(4, "Kathryn", "Moloney", "F", "GRN", "BLK", 68, "B");INSERT INTO Class VALUES(5, "Randy", "Bernard", "M", "GRN", "BRN", 69, "A");INSERT INTO Class VALUES(6, "Andy", "Lam", "M", "BRN", "BLK", 59, "C");INSERT INTO Class VALUES(7, "Makoto", "Yuki", "F", "BRN", "BRN", 61, "A");INSERT INTO Class VALUES(8, "Pranil", "Watakana", "M", "BRN", "BLK", 63, "D");INSERT INTO Class VALUES(9, "Pierce", "Santos", "M", "BRN", "BLK", 74, "B");INSERT INTO Class VALUES(10, "Soliel", "Estrada", "F", "BRN", "BLU", 66, "B");INSERT INTO Class VALUES(11, "Jeff", "Bezos", "M", "BRN", "BRN", 65, "B");INSERT INTO Class VALUES(12, "Andy", "Chen", "M", "BRN", "BLK", 69, "A");INSERT INTO Class VALUES(13, "Makoto", "Amagi", "F", "BRN", "BRN", 64, "C");INSERT INTO Student VALUES(1, "David", "San", 22, "March", 72, "1234", "Flowerville", "231-246-4361", "[email protected]", "Blue", 7);INSERT INTO Student VALUES(2, "Randy", "Bernard", 21, "February", 69, "7123", "Rossette Park", "634-124-7452", "[email protected]", "Green", 12);INSERT INTO Student VALUES(3, "Andy", "Lam", 24, "December", 59, "9072", "Jefferson", "124-564-6354", "[email protected]", "Grey", 32);INSERT INTO Student VALUES(4, "Pranil", "Watakana", 23, "February", 63, "2146", "Rossette Park", "543-325-3521", "[email protected]", "Grey", 3);INSERT INTO Student VALUES(5, "Jeff", "Bezos", 22, "April", 65, "6312", "Grey Valley", "351-532-6439", "[email protected]", "Yellow", 0);INSERT INTO Student VALUES(6, "Makoto", "Amagi", 21, "September", 64, "39857", "Flowerville", "314-352-5321", "[email protected]", "Black", 3);
INSERT INTO Student VALUES(7, "Jeff", "Gonzales", 20, "October", 68, "4361", "Flowerville", "231-342-5467", "[email protected]", "Blue", 21);INSERT INTO Student VALUES(8, "Anna", "Grayson", 21, "January", 62, "6543", "Rossette Park", "634-423-5763", "[email protected]", "Green", 12);INSERT INTO Student VALUES(9, "Kathryn", "Moloney", 24, "May", 68, "5437", "Jefferson", "124-684-4131", "[email protected]", "Grey", 3);INSERT INTO Student VALUES(10, "Makoto", "Yuki", 19, "April", 61, "75632", "Rossette Park", "543-354-6421", "[email protected]", "Grey", 7);INSERT INTO Student VALUES(11, "Pierce", "Santos", 21, "January", 74, "3543", "GreyValley", "351-542-7541", "[email protected]", "Yellow", 10);INSERT INTO Student VALUES(12, "Soliel", "Estrada", 20, "June", 66, "3754", "Flowerville", "314-325-6543", "[email protected]", "Black", 5);INSERT INTO Student VALUES(13, "Andy", "Chen", 22, "September", 69, "3865", "Flowerville", "314-231-4233", "[email protected]", "Black", 3);
-----------------------------------------------------------------------------------------------------------------------
Use
SET SQL_SAFE_UPDATES = 0;
To disable Safe Mode if prompted.
Not sure where to begin, as my instructor taught the theory but never any live coding session.
In: Computer Science
Trevor’s company accounts’ information for 2018 is as follows: near-cash is $500,
the amount of money that customers currently owe to the company for goods that were
purchased on credit is $16,000. Inventories are worth $45,500, accumulated depreciation
is 30.2% of total fixed assets. Accounts payable and short-term bank notes are $69,000.
Lands, buildings and equipment were valued $126,000. 10-Year Debt is $22,950, common
stock is $31,500 and retained earnings is $26,498. Gross profit is $64,000. Fixed cash
operating expenses, variable operating expenses and depreciation are $21,000, $16,000
and $10,000 respectively. Interest expenses are $6,100 and tax percentage is 50%.
Answer:
(a) Construct the balance-sheet statement for this company.
(b) Construct the income statement for this company.
In: Finance
Question 1:-
|
Application |
A solar photovoltaic (PV) power system was installed outdoor near your house. The objective is to study the environmental effects ( Temp, Humidity, Dust, Wind….) on the PV panels total generated electric power. The environmental data should be acquired and monitored from a remote center in your house ( YOUR TASK IS NOT TO MEASURE PV OUTPUT POWER ) |
|
Tasks |
To design a measurement system to meet the application requirement. Assume the availability of the following six sensors: Temperature, humidity, dust, light, solar radiation and winds speed\direction |
A) Develop a feasible design : draw the measurement system block diagram and describe the function of all needed subsystems
Please drow the block diagram on computer, if not, write it clearly please.
In: Electrical Engineering
The manager of a resort hotel stated that the mean guest bill for a weekend is $600 or less. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. The accountant will use a sample of future weekend guest bills to test the manager's claim.
(a)
Which form of the hypotheses should be used to test the manager's claim? Explain.
H0: μ ≥ 600
Ha: μ < 600
H0: μ ≤ 600
Ha: μ > 600
H0: μ = 600
Ha: μ ≠ 600
A) The hypotheses H0: μ ≥ 600 and Ha: μ < 600 should be used because the accountant wants to test the manager's claim that the mean guest bill μ is greater than or equal to 600 and find evidence to support μ < 600.
B)The hypotheses H0: μ ≤ 600 and Ha: μ > 600 should be used because the accountant wants to test the manager's claim that the mean guest bill μ is less than or equal to 600 and find evidence to support μ > 600.
C)The hypotheses H0: μ = 600 and Ha: μ ≠ 600 should be used because the accountant wants to test the manager's claim that the mean guest bill μ is equal to 600 and find evidence to support μ ≠ 600.
(b)
What conclusion is appropriate when
H0
cannot be rejected?
A)We are able to conclude that the manager's claim is wrong. We can conclude that μ = 600.
B)We are not able to conclude that the manager's claim is wrong.We cannot conclude that μ > 600.
C) We are not able to conclude that the manager's claim is wrong. We cannot conclude that μ ≠ 600.
D) We are able to conclude that the manager's claim is wrong. We can conclude that μ ≤ 600.
E) We are not able to conclude that the manager's claim is wrong. We can conclude that μ ≥ 600.
(c)
What conclusion is appropriate when
H0
can be rejected?
A) We are not able to conclude that the manager's claim is wrong. We can conclude that μ < 600.
B) We are not able to conclude that the manager's claim is wrong. We can conclude that μ > 600.
C) We are able to conclude that the manager's claim is wrong. We can conclude that μ < 600.
D)We are able to conclude that the manager's claim is wrong. We can conclude that μ ≠ 600.
E) We are able to conclude that the manager's claim is wrong. We can conclude that μ > 600.
In: Statistics and Probability