In: Accounting
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Large Manufacturing, Inc. is considering investing in some new equipment whose data are shown below. The equipment has a 3-year class life and will be depreciated by the MACRS depreciation system, and it will have a positive pre-tax salvage value at the end of Year 3, when the project will be closed down. Also, some new working capital will be required, but it will be recovered at the end of the project's life. Revenues and cash operating costs are expected to be constant over the project's 3-year life. What is the project's Initial Cash Outlay at time 0? Enter your answer rounded to two decimal places. Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box. |
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WACC |
11.0% |
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Net investment in fixed assets (depreciable basis) |
$70,000 |
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Required new working capital |
$10,000 |
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Sales revenues, each year |
$95,000 |
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Cash operating costs excl. depr'n, each year |
$30,000 |
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Expected pretax salvage value |
$9,000 |
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Tax rate |
30.0% |
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--What is the Terminal Year Non–Operating Cash Flow at the end of Year 3?
--What is the project’s NPV?
In: Finance
1. A vibrating string is cut in half. The fundamental frequency of the string will be...
a. doubled
b. unchanged
c. reduced by half
2.On a pipe organ, for a closed pipe, if you double the length of the pipe, what happens to the fundamental frequency?
a. It does not change.
b. It doubles.
c. It is reduced by half.
d. It is reduced by 1/4.
e. It is increased 4x.
3. When you blow gently across the top of a particular soda bottle, it emits a tone. The column of air in the bottle is vibrating up and down in its fundamental mode. If you replace the air in the bottle with something heavier than air (like carbon dioxide) and then blow gently across the top of the bottle, it will emit
a) a higher pitched tone. b) a tone at the same pitch as before.
c) no sound at all. d) a lower pitched tone.
9. If you blow across the top of a half full bottle of soda you can produce a clear tone. If you take a drink of soda to reduce the amount of liquid in the bottle and try this again the pitch (frequency) of the sound produced will
a) increase. b) stay the same.
c) exactly double. d) decrease.
In: Physics
1) Given the list of integers 1, -2, 3, -6, 7, -8, 9, 10, -11, indexed from 1 to 9, the left-to-right linear scan algorithm (O(n) algorithm) will set as candidate start positions for a maximum contiguous sequence the elements at the index positions:
(a) 1,3,4,6
(b) 1,3,4,6,9
(c) 1,3,5,7
(d) none of the above
2)The Fibonacci sequence 1,1,2,3, ... can be generated iteratively by starting with the first two (0th and 1st) and generating every subsequent one by adding the previous two. In fact, the nth Fibonacci number can be generated by n − 1 additions for n ≥ 2. Thus we need 5 additions to generate the 6th Fibonacci number. However, a recursive program to generate the 6th Fibonacci number needs:
(a) 12 additions (b) 11 additions (c) 10 additions (d) None of the above
3)we can use a stack to check if a string made up of open, “(”, and closed, “)”, parentheses is balanced. Simulate this algorithm on the input string “((()))(())()” to determine if it is balanced or not. (this means you must explicitly write down the sequence of pushes and pops that the algorithm would generate
In: Computer Science
Human Resources Development.
Question 1
Read the article below and answer the questions that
follow.
Interview article: “Millennials” The Architects of Employee
Experience
Mike DiClaudio, Principal Advisory at KPMG, explains to readers why
millennials, the original “digital natives” are pioneering the
Employee Experience in organisations and how artificial
intelligence (AI) is becoming an inevitable part of modern HRTech
toolkit. Mike is an expert across the full HR value chain,
including strategy development, organisational design, technology
selection and implementation, and, overall HR transformation.
HR Technology has historically been organisation-centric. With
“consumerization” of the workplace, how do you see technology
addressing unique employee needs?
Our relationship with technology doesn’t end when we walk into
work, so as digitization happens in the marketplace, employees will
expect that technology at work will be simple and intuitive, no
matter where they are. Technology specific to Human Resources will
help business and HR leaders improve current and prospective
employees’ experiences in a variety of ways, including speeding up
the recruiting process, improving training and development
opportunities, and fostering greater collaboration and
productivity. Most important, it will help employees complete their
jobs more efficiently, especially as AI, intelligent automation and
connected devices become more integrated into the workforce.
Where do most organisations sit on the employee experience maturity
curve? Why is that?
Many organisations are starting to see the importance of the
employee experience, but there is still work to be done. Improving
their overall brand is no longer enough to attract talent. A shift
has been occurring in the workplace since millennials entered the
workforce, and it’s continuing as millennials comprise more
managerial positions while Gen Z takes entry-level positions.
Understanding the shifting expectations requires businesses to not
only evaluate this from an organisational perspective, but, keep
the approach human-centric. They must listen to their employees so
they can implement the programs, training and experiences that will
not only attract talent, but retain them over time.
Employee experience is set to be the new competitive advantage. How
can employers leverage AI to fuel differentiated employee
experiences?
Employers can leverage AI to create differentiated employee
experiences in a variety of ways and we expect to see more
possibilities as the technology evolves. Three immediate ways we
see AI impacting the experience are to develop personalised
compensation packages based on an employee’s role, preferences, and
productivity; uncover insights on workplace trends and challenges,
which can then be used to create stronger rewards programs.
Organisations need to start by defining the moments that matter to
the employee most and enhancing these experiences at the critical
touchpoints that influence what employees think and do.
Alternatively, when companies uncover friction points across the
employee lifecycle, these often are opportunities to think about
their technology strategy and where they may be able to leverage
capabilities to improve the experience – whether this is digital,
social or environmental. Embedding AI into a company’s unique
Employee Value Proposition is no longer an option, but required, to
not only deliver on the talent brand, but drive engagement.
How is the enterprise work culture changing in response to the
needs and demands of generational groups like Millennials and Gen Z
and what role do you see technology playing to engage them more
meaningfully?
Millennials and Generation Z (Gen Z) are digital natives,
accustomed to convenience and desire by meaningful experiences.
They bring these same expectations to the workplace. Just as they
will abandon their shopping cart if the checkout process is too
complicated, millennials and Gen Z will look for up-to-date and
intuitive technology within the workplace. New technology can help
with something as simple as offering online training and
development, and as complex as eliminating “busy work” through
automation. By using technology to eliminate menial tasks,
employees will be elevated to more strategic responsibilities and
thus, more engaged.
How does business culture, including HR, need to evolve to
accept the full promise of predictive workforce?
Employees at every level of an organisation will need to embrace
the idea that advanced technology will change the way they work,
but, will not replace them. In fact, KPMG’s 2018 Global CEO Outlook
survey reveals that 62 percent of respondents said AI and robotics
technologies will create more jobs than eliminate them.
Additionally, employees will need to understand how technology will
enable them to focus on outcomes rather than tasks. For example,
automating the candidate sourcing could cut the process down from
three days to 10 minutes, giving HR leaders time to focus on other
things that could add value to their organisation like developing a
new performance management technique or onboarding process. These
opportunities will allow employees to reinvent and diversify their
career paths, and ultimately position them for more dynamic work
experiences..
How can smaller companies leverage technologies like AI and ML
to punch above their weight when it comes to their employees?
Technologies like AI and machine learning help businesses work
smarter. Smaller companies that may have fewer resources can
benefit from these in offering more personalised compensation
packages and strengthening their rewards programs. Furthermore, AI
can help these companies find candidates who are a better fit for
open positions, saving them time and resources in interviewing
prospective employees.
What are some of the biggest pitfalls you see organisations
making when executing their employee experience strategy?
One of the major hurdles is understanding just how crucial the
employee experience has become in attracting and retaining talent,
and that it is an evolving journey. Trends and technology will
change, and with the employee experience should evolve with
that.
HR leaders need to look beyond an employee’s function in the
organisation to the totality of their experience. From hiring and
onboarding, to manager and team dynamics, to how they perceive
company culture, and more, every touchpoint plays a critical role
in shaping an employee’s experience. Big data and AI will help
paint this picture for executives so they can better attract,
understand and retain employees.
What are the essential skills for HR leaders in the digital
age?
HR leaders in the digital age will have a more holistic
understanding of technology’s impact on the employee experience.
This ranges from using technology to help recruit candidates, to
suggesting tools to make an employee’s job more efficient. As these
skills evolve, there will be new specialist positions; for example,
what I call the “Workforce Shaper.” The person in this role will be
responsible for understanding the talent a business needs to
succeed and the best way to fill this role with human talent, both
permanent and flexible, and with technology solutions. Equally
important, the “Employee Experience Architect” will work
hand-in-hand with the Workforce Shaper to build an experience that
meets the real-time demand of the organisation’s workforce.
Source:
https://www.hrtechnologist.com/interviews/culture/millennials-the-architects-of-employee-experience/
1.A. Strategic HRD plans must be flexible enough to accommodate changes in the environment. Keeping this in mind, discuss the implementation of strategic human resource development for your organisation (or an organisation of your choice), factoring in the increasing presence of millennials, as inferred in the article.
1.B. As these skills evolve, there will be new specialist positions; for example, what I call the “Workforce Shaper.” The person in this role will be responsible for understanding the talent a business needs to succeed and the best way to fill this role with human talent, both permanent and flexible, and with technology solutions. With reference to advancing challenges described in the article, discuss the relevance of talent management and its processes for your organisation (or an organisation of your choice).
In: Economics
python.Write a python program that prompts the user to enter the year and first day of the year, and displays the first day of each month in the year. For example, if the user entered the year 2020 and 3 for Wednesday, January 1, 2020, your program should display the following output:
January 1, 2020 is Wednesday
February 1, 2020 is Saturday ……
December 1, 2020 is Tuesday
In: Computer Science
The following information is available for Sheffield Corporation
for 2020.
| 1. | Depreciation reported on the tax return exceeded depreciation reported on the income statement by $126,000. This difference will reverse in equal amounts of $31,500 over the years 2021–2024. | |
| 2. | Interest received on municipal bonds was $10,500. | |
| 3. | Rent collected in advance on January 1, 2020, totaled $65,100 for a 3-year period. Of this amount, $43,400 was reported as unearned at December 31, 2020, for book purposes. | |
| 4. | The tax rates are 40% for 2020 and 35% for 2021 and subsequent years. | |
| 5. | Income taxes of $326,000 are due per the tax return for 2020. | |
| 6. | No deferred taxes existed at the beginning of 2020. |
a. Compute taxable income for 2020.
b. Compute pretax financial income for 2020.
c. Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2020 and 2021. Assume taxable income was $480,000 in 2021.
d. Prepare the income tax expense section of the income statement for 2020, beginning with “Income before income taxes.”
In: Accounting
Recording Treasury Stock Transactions
On January 2, 2020, Liberty Corporation was authorized to issue 300,000 shares of $5 par value common stock. Liberty issued 60,000 shares of common stock on January 15, 2020, at $15 per share.
Required
a. Record the entry on June 30, 2020, for purchase of 6,600 common shares for the treasury at $18 per share.
b. Record the entry on September 20, 2020, for sale of 2,400 treasury shares at $21 per share.
c. Record the entry on November 3, 2020, for sale of 1,500 treasury shares at $17 per share.
d. Record the entry on December 15, 2020, for sale of 1,200 treasury shares at $13 per share.
Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order.
e. Determine the number of shares issued and the number of shares outstanding on the following dates (after transactions have been recorded): June 30, 2020; September 20, 2020; November 3, 2020; and December 15, 2020.
In: Accounting
The Schumpterian hypothesis suggests there may be a direct relationship between firm size or seller concentration and the output of process and product innovation. With regard to this, if comparatively high levels of seller concentration are associated with greater technical or dynamic efficiency, what are some factors which might account for it?
Does the hypothesis imply that there may be a policy conflict between the pursuit of dynamic efficiency and the pursuit of other objectives like pareto/allocative efficiency?
In: Economics
A balanced scorecard addresses four perspectives. Identify the question most likely related to each perspective.
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In: Accounting