An investor has a certain amount of money available to invest now. Three alternative investments are available. The estimated profits ($) of each investment under each economic condition are indicated in the following payoff table:
INVESTMENT SELECTION
EVENT A B C
Economy declines 500 -2000 -7000
No change 1000 2000 -1000
Economy expands 2000 5000 20000
Based on his own past experience, the investor assigns the following probabilities to each economic condition:
P (Economy declines) = 0.30
P (No change) = 0.50
P (Economy expands) = 0.20
a. determine the optimal action based on the maximax criterion.
b. determine the optimal action based on the maximin criterion.
c.compute the the expected monetary value for each investment
d. compute the expected opportunity loss for each investment
e. based on (c) or (d) which investment would you choose, and why?
In: Math
2. working with databases and files in python
a) Write a function with prototype “def profound():” that will prompt the user to type something profound. It will then record the date and time using the “datetime” module and then append the date, time and profound line to a file called “profound.txt”. Do only one line per function call. Use a single write and f-string such that the file contents look like:
2020-10-27 11:20:22 -- Has eighteen letters does
2020-10-27 11:20:36 -- something profound
b) Write a function with prototype “def bestwords():” that will prompt the user to enter a line with some of the best words (separated by spaces). These will be converted to lower case and stored in a data base file (using the dbm and pickle modules) whose keys are a tuple of the current year, month and day (using the datetime module) and the “values” are a set of words collected on that day. Each new word should be checked against all previously-entered words (even those on other days) and it is not added if it already exists in the database. (Hint: I simply subtracted all previous sets of words from the current set, then added that new set to the one for the current day (if it already existed).
c) Write a function with prototype “def printbestwords():” that will simply open the database of best words and print the keys and values, sorted by the keys. Don’t forget to close the database on exit. Example output:
(2020, 10, 26) {'infantroopen', 'susbesdig'}
(2020, 10, 27) {'deligitimatize'}
(2020, 10, 28) {'transpants', 'resaption'}
In: Computer Science
Consider the below database schema for company ABC:
Employee(empNo, givename, famname, gender, DOB)
Supervises(super_empNo*, empNo*, description)
Department(deptNo, name, manager_empNo*)
Dependent(empNo*, name, relationship)
Project(projNo, description, deptNo*)
The relations Employee, Supervises, Department, Dependent and Project keep data for employees, supervision, departments, dependents of employees and projects of ABC.
For the database, primary keys, and parent and child relations for foreign keys are annotated. The meaning of most attributes is self-explanatory. Answer questions below.
Your answer to each question must be according to the given database schema and instance.
1.1. (2 points) Does the primary key of Supervises (super_empNo, empNo) ensure that each supervisor supervises a different employee? Explain your answer.
1.2. (5 points) Is it possible that a project has no department? Explain why/why not. If possible, identify any data integrity constraints that can be placed on the Project table to prevent this? Can a project have many departments? Explain using the data integrity constraints on the Project table.
1.3. (2 points) Is it possible that a supervisor does not supervise any employees? Explain your answer using the data constraints on the Supervises table.
1.4 (3 point) Assuming that every department is working on at least one project (and the Department table contains a record with department number 8), can the SQL statement below be successfully executed? Explain your answer. DELETE FROM Department WHERE deptNo = 8;
In: Computer Science
Introduction to the Problem
Design an Amazon Virtual Private Cloud (VPC):
"Scenario: You have a small business with a website that is hosted on an Amazon Elastic Compute Cloud (Amazon EC2) instance. You have customer data that is stored on a backend database that you want to keep private. You want to use Amazon VPC to set up a VPC that meets the following requirements:
• Your web server and database server must be in separate subnets.
• The first address of your network must be 10.0.0.0. Each subnet must have 256 total IPv4 addresses.
• Your customers must always be able to access your web server.
• Your database server must be able to access the internet to make patch updates.
• Your architecture must be highly available and use at least one custom firewall layer."
For the Program Level Assessment, short summary report using the following criteria:
Define the Problem
re-state the problem you are asked to solve and detail all relevant findings and recommendations.
Identify Strategies
Explain how your VPC design meets requirements in scenario.
Propose Solutions
How you can improve or change your design using additional services learned in class.
Evaluate Outcomes
Briefly explain how your design and propose solutions meets at least two of the pillars of AWS Well-Architected Framework.
Submit a Word Document
Using the section headers above, provide responses for each and summary report.
In: Computer Science
Morning Star Ltd was registered on 1 July 2018, as a company with a constitution limiting the
shares that could be offered to 7 000 000 Ordinary shares (including all classes) and 2 000 000
preference shares. The company issued a prospectus dated 1 July 2018 inviting the public to
apply for 4 000 000 Ordinary A class shares at $3.00 per share. The terms of the shares on issue
are $1.50 on application, $1.00 on allotment and $0.50 to be called within six months of
allotment before 31 December 2018.
If the issue is oversubscribed the directors will make a pro-rata issue of shares and the excess
application money will be applied to allotment and calls before any refunds will be given.
On 15 July, the directors also decided to issue 1 000 000 non-voting Ordinary B shares as fully
paid to the promoters for a payment of $2.00 per share.
On 30 July applications closed. Applications for 5 000 000 shares in total had been received with
applicants for 3 500 000 shares paying the full price and 1 500 000 shares paying only the
application fee.
On 1 August, the shares were allotted with all allotment money owed paid by the 30 August.
The company paid share issue costs of $100,000 for the issuing of Ordinary A shares on 1
September. The share issue costs related to legal expenses associated with the share issue and
fees associated with the drafting and advertising of the prospectus and share issue.
The call on the Ordinary A shares was made on 15 Septmber and due by 30 September. All call
money was received except for the call on 75 000 shares. The directors met and forfeited the
shares on 15 October. On 30 October the forfeited shares were reissued at $2.80 fully paid to
$3.00. Costs associated with reissuing the forfeited shares totalled $5,000. The remaining money
was refunded to the defaulting shareholders on 15 November.
The directors decided on 1 November to make a one-day offer of a non-renouceable rights issue
to existing Ordinary A shareholders to purchase additional shares at $1 each for every 5 shares
of holding. Holders of 2 000 000 shares exercised their right.
On 1 January 2019, Morning Star Ltd issued via a private placement semi-annual coupon
debentures (which pay interest every 6 months) with a nominal value of $300,000. The debenture
term is five years and the coupon rate is 12% per year. The market requires a rate of return of
10% per year. The money came in and the debentures were allotted on the same date.
The company issued via a private placement 1 million redeemable preference shares of $2.00
each on 30 June 2019. The shares offer a fixed dividend of 7 per cent per annum. The shares are
later redeemed to non-voting Ordinary Class B shares at the options of the shareholders on 30
June 2021.
Required:
(a) Prepare journal entries for the above transactions for the year ended 30 June 2019.
Note: the entries should be in strict date order of the underlying event.
In: Accounting
There are 4 questions required by this exercise (at the very bottom). Show your calculated ratios. Make sure you show the data used to calculate the ratios.
|
The Procter & Gamble Company |
|
Consolidated Balance Sheets |
|
Amounts in millions; As of June 30 |
2018 |
2017 |
|
|
Assets |
|||
|
CURRENT ASSETS |
|||
|
Cash and cash equivalents |
$ 2,569 |
$ 5,569 |
|
|
Available-for-sale investment securities |
9,281 |
9,568 |
|
|
Accounts receivable |
4,686 |
4,594 |
|
|
INVENTORIES |
|||
|
Materials and supplies |
1,335 |
1,308 |
|
|
Work in process |
588 |
529 |
|
|
Finished goods |
2,815 |
2,787 |
|
|
Total inventories |
4,738 |
4,624 |
|
|
Prepaid expenses and other current assets |
2,046 |
2,139 |
|
|
TOTAL CURRENT ASSETS |
23,320 |
26,494 |
|
|
PROPERTY, PLANT AND EQUIPMENT, NET |
20,600 |
19,893 |
|
|
GOODWILL |
45,175 |
44,699 |
|
|
TRADEMARKS AND OTHER INTANGIBLE ASSETS, NET |
23,902 |
24,187 |
|
|
OTHER NONCURRENT ASSETS |
5,313 |
5,133 |
|
|
TOTAL ASSETS |
$ 118,310 |
$ 120,406 |
|
|
Liabilities and Sharesholders' Equity |
|||
|
CURRENT LIABILITIES |
|||
|
Accounts payable |
$ 10,344 |
$ 9,632 |
|
|
Accrued and other liabilities |
7,470 |
7,024 |
|
|
Debt due within one year |
10,423 |
13,554 |
|
|
TOTAL CURRENT LIABILITIES |
28,237 |
30,210 |
|
|
LONG-TERM DEBT |
20,863 |
18,038 |
|
|
DEFERRED INCOME TAXES |
6,163 |
8,126 |
|
|
OTHER NONCURRENT LIABILITIES |
10,164 |
8,254 |
|
|
TOTAL LIABILITIES |
65,427 |
64,628 |
|
|
SHAREHOLDERS' EQUITY |
|||
|
Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) |
967 |
1,006 |
|
|
Non-Voting Class B preferred stock, stated value $1 per share (200 shares authorized) |
— |
— |
|
|
Common stock, stated value $1 per share (10,000 shares
authorized; shares issued: |
4,009 |
4,009 |
|
|
Additional paid-in capital |
63,846 |
63,641 |
|
|
Reserve for ESOP debt retirement |
(1,204) |
(1,249) |
|
|
Accumulated other comprehensive income/(loss) |
(14,749) |
(14,632) |
|
|
Treasury stock, at cost (shares held: 2018 -1,511.2, 2017 - 1,455.9) |
(99,217) |
(93,715) |
|
|
Retained earnings |
98,641 |
96,124 |
|
|
Noncontrolling interest |
590 |
594 |
|
|
TOTAL SHAREHOLDERS' EQUITY |
52,883 |
55,778 |
|
|
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
$ 118,310 |
$ 120,406 |
|
The Procter & Gamble Company |
|
Consolidated Statements of Earnings |
|
Amounts in millions except per share amounts; Years ended June 30 |
2018 |
2017 |
|
|
NET SALES |
$ 66,832 |
$ 65,058 |
|
|
Cost of products sold |
34,268 |
32,535 |
|
|
Selling, general and administrative expense |
18,853 |
18,568 |
|
|
OPERATING INCOME |
13,711 |
13,955 |
|
|
Interest expense |
506 |
465 |
|
|
Interest income |
247 |
171 |
|
|
Other non-operating income/(expense), net |
(126) |
(404) |
|
|
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES |
13,326 |
13,257 |
|
|
Income taxes on continuing operations |
3,465 |
3,063 |
|
|
NET EARNINGS FROM CONTINUING OPERATIONS |
9,861 |
10,194 |
|
|
NET EARNINGS FROM DISCONTINUED OPERATIONS |
— |
5,217 |
|
|
NET EARNINGS |
9,861 |
15,411 |
|
|
Less: Net earnings attributable to noncontrolling interests |
111 |
85 |
|
|
NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE |
$ 9,750 |
$ 15,326 |
|
|
BASIC NET EARNINGS PER COMMON SHARE: (1) |
|||
|
Earnings from continuing operations |
$ 3.75 |
$ 3.79 |
|
|
Earnings from discontinued operations |
— |
2.01 |
|
|
BASIC NET EARNINGS PER COMMON SHARE |
$ 3.75 |
$ 5.80 |
|
|
DILUTED NET EARNINGS PER COMMON SHARE: (1) |
|||
|
Earnings from continuing operations |
$ 3.67 |
$ 3.69 |
|
|
Earnings from discontinued operations |
— |
1.90 |
|
|
DILUTED NET EARNINGS PER COMMON SHARE |
$ 3.67 |
$ 5.59 |
|
|
DIVIDENDS PER COMMON SHARE |
$ 2.79 |
$ 2.70 |
|
|
Selected Ratios |
2018-06 |
2017-06 |
|
|
Profitability |
|||
|
Net Margin % |
|||
|
Return on Assets % |
|||
|
Return on Equity % |
|||
|
Financial Health or Debt Management Ratios |
|||
|
Total Liabilities or Total Debt |
|||
|
Financial Leverage or Equity Multiplier |
|||
|
Debt/Equity |
|||
|
Interest Coverage |
|||
|
Liquidity Ratios |
|||
|
Current Ratio |
|||
|
Quick Ratio |
|
1. Calculate the selected ratios shown for 2017 and 2018 |
|||
|
2. Indicate whether the change in each ratio is a strength or weakness |
|||
|
3. Use the short DuPont equation below to indicate what drove the change on the return on assets from 2017 to 2018 |
|||
|
Return on Assets = Net Margin X Total Asset Turnover |
|||
|
4. Use the long DuPont equation below to indicate what drove the change on the return on assets from 2017 to 2018 |
|||
|
Return on Equity = Return on Assets X Equity Multiplier |
|||
In: Finance
Find the algebraic form of the following complex number \( (1+i\sqrt{3}) ^{2000} \)
In: Math
How could the Mortgage crisis of the 2000's been avoided if the market was truly efficient?
In: Finance
In: Economics
What are some examples of economic, social and political growth in America from the 1900-2000?
In: Economics