Questions
You stand near the edge of a swimming pooland observe through the water an object lying...

You stand near the edge of a swimming pooland observe through the water an object lying on the bottom of thepool. Which of the following statements correctly describes whatyou see?

Please Choose
The apparent depth of the object is less than the real depth.
The apparent depth of the object is greater than the real depth.
There is no difference between the apparent depth and the actual depth of the object.



In: Physics

A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as...

A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance sheets, this loan is

  a. a liability for the bank and an asset for Kellie's Print Shop. The loan increases the money supply.  
  b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.  
  c. an asset for the bank and a liability for Kellie's Print Shop. The loan increases the money supply.  
  d. a liability for the bank and an asset for Kellie's Print Shop. The loan does not increase the money supply.  

In: Economics

The Petersik family is considering purchasing a second home to use for short term rentals near...

The Petersik family is considering purchasing a second home to use for short term rentals near the beach. If it purchases the house, they will place a down payment of $59,000 on the house. They estimate they will get an annual net rental profit of $10,000 after their mortgage and expenses are paid. After 20 years, they plan to pass the rental home along to their children, so assume the home has negligible salvage value. What would be the ERR if the Petersik family decides to invest in a rental home, assuming they keep the home for 20 years? Assume their MARR is 12%.

In: Finance

The Petersik family is considering purchasing a second home to use for short term rentals near...

The Petersik family is considering purchasing a second home to use for short term rentals near the beach. If it purchases the house, they will place a down payment of $62,000 on the house. They estimate they will get an annual net rental profit of $7,500 after their mortgage and expenses are paid. After 18 years, they plan to pass the rental home along to their children, so assume the home has negligible salvage value. What would be the ERR if the Petersik family decides to invest in a rental home, assuming they keep the home for 18 years? Assume their MARR is 14%.

In: Finance

It is​ April, and Hans Anderson is planting his barley crop near​ Plunkett, Saskatchewan. He is...

It is​ April, and Hans Anderson is planting his barley crop near​ Plunkett, Saskatchewan. He is concerned about losing his farm if his operations result in a loss at the end of the season. He expects to harvest 3,000 tonnes of barley and sell it in October. Futures contracts are available for October delivery with a futures price of $200 per tonne. Options with strike price of $200 per tonne are also​ available; puts cost $16 and calls cost $18.

a.Describe how Hans can fully hedge using futures contracts.

b. Given the strategy in a​), what will be the total net amount received by Hans​ (for all 3,000 ​tonnes) if the price of barley in October is as​ follows:i .$150 per​ tonne; ii. $200 per​ tonne; iii. $250 per tonne

c. Describe how Hans can fully hedge using options.

d. Given the strategy in ​(c​), what will be the total net amount received by Hans​ (for all​ 3,000 tonnes) if the price of barley in October is as​ follows:i. $150 per​ tonne; ii. $200 per​ tonne; iii. $250 per tonne

e. Hans has asked for your advice regarding hedging. Discuss how the each of the following individually will influence your advice.

i. Hans does not expect to have much cash available between May and September.

ii. Hans thinks there is a 25​% chance his crop will be destroyed by hail before he has a chance to harvest it.

iii.​ Hans's farming business will go bankrupt if his net revenues in October do not cover his costs. He estimates his costs will be $600,000. If his business goes​ bankrupt, Hans's bank will foreclose and take his house and farm.

iv.​ Hans's farming business will go bankrupt if his net revenues in October do not cover his costs. He estimates his costs will be $800,000. If his business goes​ bankrupt, Hans's bank will foreclose and take his house and farm.

In: Finance

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near...

Lavage Rapide is a Canadian company that owns and operates a large automatic carwash facility near Montreal. The following table provides data concerning the company’s costs: Fixed Cost per Month Cost per Car Washed Cleaning supplies $ 0.70 Electricity $ 1,300 $ 0.07 Maintenance $ 0.25 Wages and salaries $ 4,000 $ 0.30 Depreciation $ 8,500 Rent $ 1,900 Administrative expenses $ 1,700 $ 0.02 For example, electricity costs are $1,300 per month plus $0.07 per car washed. The company expects to wash 8,500 cars in August and to collect an average of $6.70 per car washed. The actual operating results for August appear below. Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed 8,600 Revenue $ 59,050 Expenses: Cleaning supplies 6,450 Electricity 1,865 Maintenance 2,365 Wages and salaries 6,910 Depreciation 8,500 Rent 2,100 Administrative expenses 1,770 Total expense 29,960 Net operating income $ 29,090 Required: Complete the flexible budget performance report that shows the company’s activity variances and revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Godfather Pizza is a popular pizza restaurant near a university campus. This pizza shop is very...

Godfather Pizza is a popular pizza restaurant near a university campus. This pizza shop is very popular as the price is reasonable, and the quality of the pizza is excellent. It has broad range of varieties, which students can choose the type of dough and topping. The everyday sales activity is high, which keep this pizza shop busy. However, Greg Taylor, the accountant   noticed that there is a small profit compares to the sales. Greg starts analyzing the efficiency of the business, particularly inventory practices. He noticed that the owner had more than 60 items regularly carried in inventory. Of these items, the most expensive to buy and carry was cheese. Cheese was ordered in blocks at $27.50 per block. Annual usage totals 16 000 blocks.

Upon questioning the owner, Greg found that there are problems in managing the cheese. The size of the order was usually 600 blocks. The cost of carrying one block of cheese is 10% of its purchase price. It took 7 ten days to receive a new order when placed, which was done whenever the inventory of cheese dropped to 500 blocks. It costs $50 to place and receive an order.

Godfather Pizza stays open five days a week and operates 50 weeks a year. It closes during public holiday and Christmas day.

Requirements:

  1. Calculate the total ordering and carrying cost under the current policy. Support your answer with calculation. (1 mark)
  2. If Greg tries to use EOQ formula, how much the company will save inventory cost per year? Support your answer with calculation ( 2 marks)
  3. If the company uses EOQ formulas, when the company should put the order? Support your answer with calculation (1 mark)
  4. Suppose the warehouse only has space to carry 600 blocks of cheese and to keep the cheese fresh, it must not be kept for more than 10 days. Please advise whether EOQ is a better policy than the current one? Support your answer with calculation
  5. Suppose Greg likes to introduce a contemporary inventory policy by having alliances with suppliers. What are the best steps he must take to implement the new policy? Explain what are the obstacles that he may have during the transition period? Please show the calculation whether this new policy will give advantage or disadvantage to the company

    Need help in answering this question immediately please

In: Finance

A duplex is available for purchase near the university. You estimate that you can rent one...

A duplex is available for purchase near the university. You estimate that you can rent one of the units for $750 and the other for $650 a month. Expenses will be $125 a month. The current sales price is 165,000 and you estimate the property will be worth 360,000 in 10 years. What is your estimated annual IRR for this property?

Answer should be formatted as a percent with 2 decimal places.

What is the estimated annual rate of appreciation in the previous problem?

Answer should be formatted as a percent with 2 decimal places.

In: Finance

What impact do you feel Baby Boomers are going to have on healthcare in the near...

What impact do you feel Baby Boomers are going to have on healthcare in the near future? How can we prepare for that?

    - Do you think we will have enough staff to take care of this group of Baby Boomers! How are we going to manage that?

   - What impact do you feel this may have beyond healthcare to housing, transportation, travel and more?

In: Economics

An African American woman approaches a pharmacist at the local drugstore near the hospital where she...

An African American woman approaches a pharmacist at the local drugstore near the hospital where she was given a prescription for chest congestion. She asks the pharmacist for oils in the store with camphor so she can rub it on her chest to help with her congestion. The pharmacist immediately tells her that to do so would be ridiculous and that she should not proceed with such a remedy but only use the medicine per her prescription. Did the pharmacist handle this communication correctly?

In: Nursing