Questions
Reel Fast Charters, based in the Bahamas, runs multi-day fishing charters for wealthy anglers. They have...

  1. Reel Fast Charters, based in the Bahamas, runs multi-day fishing charters for wealthy anglers. They have been very successful in their first five years in operation and Brian (the owner) is considering adding a second boat. A new 80’ Viking would cost $5,000,000 with another $1,000,000 needed to upgrade the interior to a level that would attract the wealthy clients they desire. The boat would be depreciated straight-line over 15 years, but would be sold at the end of five years, for an estimated $5,000,000. The new boat would generate estimated additional revenue of $2,000,000 per year and would have associated expenses of $625,000. No additional working capital would be necessary. The firm’s tax rate is 30% and the required rate of return is 12%. Calculate the NPV and IRR. Should the new boat be purchased?

In: Finance

Mass of metal slug (measure once and use for both runs) 49.614 g 54.687 g Mass...

Mass of metal slug (measure once and use for both runs) 49.614 g 54.687 g Mass of water in calorimeter cup 80.113 g 80.087 g Initial temperature of water in the calorimeter 22.0 ºC 22.0ºC Initial temperature of the metal (assume 100.0 ºC) ____________ºC _____________ºC Equilibrium temperature of the metal + water 26.8 ºC 26.6ºC in the calorimeter ΔTwater ____________ºC ____________ºC ΔTmetal ____________ºC _____________ºC qwater * (S.H.C.water = 4.184 J/ g °C ) ____________J _____________J qmetal ** ____________J _____________J Calculated specific heat capacity of the metal ____________ J /g°C ____________ J /g°C B. Enthalpy of Reaction (Dissolution) CaCl2 NH4NO3 Mass of water in calorimeter cup 100.00 g 100.00g Mass of solid compound used 10.026 g 10.041g Mass of solution formed ____________g _____________g Initial temperature of water 22.0ºC 22.0ºC Max (if it rises) or min (if it falls) temperature of solution 38.2ºC 15.1ºC ΔTsoln (use initial temp. of water for initial temp. of soln.) ____________ºC _____________ºC qsoln (assume S.H.Cof soln. = S.H.C. of water) ____________J _____________J qreaction (amount of heat absorbed by the reaction)* ____________J _____________J “Heat of solution” ** ____________J/g _____________J/g ΔrH *** ____________kJ/mol_____________kJ/mol Is the dissolution reaction exothermic or endothermic? ____________ _____________ Enthalpy of Reaction (Neutralization) Initial temperature of HCl solution 22.0ºC Initial temperature of NaOH solution 23.2ºC Final temperature of neutralized mixture 29.4ºC ΔT (for the initial temperature, average the initial temperatures of the HCl and NaOH) ____________ºC qsoln (assume all the heat is absorbed by 104 g soln.) ____________J qrxn for the neutralization reaction ____________J Number of moles of H2O formed by the reaction ____________mol ΔHr (in kJ per mole of H2O formed by the reaction) ____________kJ/mol Is the neutralization reaction exothermic or endothermic? _____________

In: Chemistry

MGMT HARDWARE, runs a chain of fourteen (14) building supplies stores located in four (4) Caribbean...

MGMT HARDWARE, runs a chain of fourteen (14) building supplies stores located in four (4) Caribbean countries. The company caters for a wide set of products and services including, building materials, home delivery, household materials, retail sales, online ordering, drive through sales and order-online-pickup-in-store sales. The company has a centrally branded ecommerce website that caters to the needs of all four (4) countries and presents a consistent look and feel to all customers.

The locations within each country connect over a Metro-E wide area network (WAN) provided by FLOW, but there is no country-to-country connectivity. Mainly because the company grew by mergers and acquisitions, not all locations use the same Enterprise Resource Planning (ERP) software.

Each store also has an “offline” server that ensures the location can still sell and receive stock when the WAN goes down. Within a country, each store has a local Point-of-Sale (POS) but these all replicate back to a central hub in the main country office. Replication occurs once every 15 minutes, so the country head office is virtually up-to-date, in real time and can see, at a glance, transactions in each store.

As a new employee of MGMT HARDWARE, your manager wants you to produce some reports, related to stock and sales for an upcoming trade show that the purchasing team will be attending.

Congratulations, you have been promoted! You are now a manager in one of the departments of MGMT HARDWARE, and you get to choose your department.

Prior to the Metro-E, the company did not have a distributed POS, and sales reports from each site were manually combined in excel for analysis. In a similar way each location had its own telephone system. Now the company even allows VPN connectivity for the purchaser, when on business trips, to access reports and use her soft-phone. The Metro-E, VPN and internet access have changed everything.

1. From the perspective of your human resource and as an operational human resource manager:

    1. Suggest ONE advantage for the POS and ONE advantage for the phones.
    2. Request information from TWO other departments that could assist in your investigation. Please specify both the TYPE and specific CONTENTS of the report you are requesting (Unit 3 types of output)
  1. From the perspective of your department and management level, discuss the implications of backup and recovery over Metro-E and into the cloud.
  2. i. Suggest ONE advantage and ONE disadvantage.
  3. Discuss ONE security consequence that could arise from VPN access to the company’s IT infrastructure.

In: Operations Management

A solenoid runs through the x-y plane with n = 1,185/m. A circular wire wrapped 18...

A solenoid runs through the x-y plane with n = 1,185/m. A circular wire wrapped 18 times with a radius of 0.49 meters is placed in the x-y plane in the solenoid. The solenoid's current increases from 6 amps to 28 amps running clockwise in a time of 2.4 millis-seconds. If the resistance of the circular wire is 2.4 Ohms, what is the amount, in amps, and direction of the average induced current in the circular wire? Indicate clockwise by including a negative sign, but do not include a sign for counter-clockwise.

In: Physics

Hector Gonzales runs the floral art company, which supplies floral arrangements to three large supermarket chains...

Hector Gonzales runs the floral art company, which supplies floral arrangements to three large supermarket chains throughout Australia. Management has become concerned about the rising costs associated with the process and dispatch of orders. An activity analysis of the indirect costs identified the following customer related cost.

                                                                                                       Use of cost drivers

                                                                                                                Supermarket customers

Activity cost pool

Cost driver

Estimated indirect costs

Total expected use of cost driver**

1

2

3

Orders processing

Number of orders

$200 000

450

300

100

50

Returns processing

Number of returns

$50 000

100

50

25

25

Delivery

Number deliveries

$100 000

700

400

200

100

Rush orders

Number of rush orders

$70 000

50

10

20

20

Sales visits

Number of visits

$20 000

100

50

25

25

  1. Assign the activity costs to ach of the three customers
  2. Calculate the contribution for each customer if the sales pattern for each as follows:

Supermarket customer            Sales revenue**

  1. $350,000
  2. S160,000
  3. $210,000

**Selling price is marked up 50% on direct cost of flowers

Hints: conduct a customer profitability analysis based on the above customer related indirect costs.

  1. What conclusion can we draw from the customer profit analysis? Advise the management of the Floral Art Company as to whether any changes should be made in its relationships with customers. Advise Hector as to how he should go about executing these changes.

In: Accounting

One unit of A is made of three units of B, one unit of C, and...

One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F.

     Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks.

     Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size 65, 65, and 180 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 12, 80, and 150, respectively; all other items have zero beginning inventory. We are scheduled to receive 9 units of A in Week 2, 50 units of E in Week 1, and also 50 units of F in Week 1. There are no other scheduled receipts. If 35 units of A are required in Week 8, use the low-level-coded bill of materials to find the necessary planned order releases for all components.


Develop an MRP planning schedule showing gross and net requirements and order release and order receipt dates. (Leave no cells blank - be certain to enter "0" wherever required.)


Period 1 2 3 4 5 6 7 8
Item A
OH = 0
LT = 2
SS = 0
Q = L4L
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases
Item C
OH = 12
LT = 1
SS = 0
Q = 65
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases
Item B
OH = 0
LT = 1
SS = 0
Q = L4L
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases
Item D
OH = 0
LT = 2
SS = 0
Q = 65
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases
Item E
OH = 80
LT = 1
SS = 0
Q = 180
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases
Item F
OH = 150
LT = 1
SS = 0
Q = L4L
Gross requirements
Scheduled receipts
Projected available balance
Net requirements
Planned order receipts
Planned order releases

In: Operations Management

Create a file named sales_bonus.py 2. Prompt the user for the amount of sales made, convert...

Create a file named sales_bonus.py

2. Prompt the user for the amount of sales made, convert to a float, and assign to sales.

3. Prompt the user for number of days missed, covert to an int, and assign to days_missed

4. If the user have more than 3000 of sales and has missed less than or equal to two days of work, assign bonus to 100.

5.   Else if the user have more than 3000 of sales or has missed less than or equal to one day of work, assign bonus to 50.

6. Otherwise, assign a bonus of 0.

7. Print out the bonus with two decimal places of precision.

In: Computer Science

python Create a file named sales_bonus.py 2. Prompt the user for the amount of sales made,...

python

Create a file named sales_bonus.py

2. Prompt the user for the amount of sales made, convert to a float, and assign to sales.

3. Prompt the user for number of days missed, covert to an int, and assign to days_missed

4. If the user have more than 3000 of sales and has missed less than or equal to two days of work, assign bonus to 100.

5.   Else if the user have more than 3000 of sales or has missed less than or equal to one day of work, assign bonus to 50.

6. Otherwise, assign a bonus of 0.

7. Print out the bonus with two decimal places of precision.

In: Computer Science

The two claws of the lobster (Homarus americanus) are identical in the juvenile stages. By adulthood,...

  1. The two claws of the lobster (Homarus americanus) are identical in the juvenile stages. By adulthood, however, the two claws normally have differentiated into a stout claw called a “crusher” and a slender claw called a “cutter”. In a study of the differentiation process, 26 juvenile animals were reared in smooth plastic trays and 18 were reared in trays containing oyster chips (which they could use to exercise their claws). Another 23 animals were reared in trays containing only one oyster chip. The claw configurations of all the animals as adults are summarized in the table.

                                                             Claw Configuration

Treatment

Right crusher, left cutter

Right cutter, left crusher

Right cutter, left cutter

Oyster chips

8

9

1

Smooth plastic

2

4

20

One oyster chip

7

9

7

We would like to test if claw configuration is independent of treatment at α=0.01.

  1. State the null and the alternative hypotheses.

H0:

HA:

  1. Compute the test statistic.

                                                             Claw Configuration

Treatment

Right crusher, left cutter

Right cutter, left crusher

Right cutter, left cutter

total

Oyster chips

8 (        )

9 (        )

1 (        )

18

Smooth plastic

2 (        )

4 (        )

20 (        )

26

One oyster chip

7 (         )

9 (         )

7 (        )

23

total

17

22

28

67

  1. Compute the p-value for the test statistic and make a decision.

In: Statistics and Probability

Required information [The following information applies to the questions displayed below.] Arndt, Inc., reported the following...

Required information

[The following information applies to the questions displayed below.]

Arndt, Inc., reported the following for 2018 and 2019 ($ in millions):

2018 2019
Revenues $ 896 $ 993
Expenses 766 806
Pretax accounting income (income statement) $ 130 $ 187
Taxable income (tax return) $ 125 $ 210
Tax rate: 40%
  1. Expenses each year include $30 million from a two-year casualty insurance policy purchased in 2018 for $60 million. The cost is tax deductible in 2018.
  2. Expenses include $3 million insurance premiums each year for life insurance on key executives.
  3. Arndt sells one-year subscriptions to a weekly journal. Subscription sales collected and taxable in 2018 and 2019 were $32 million and $31 million, respectively. Subscriptions included in 2018 and 2019 financial reporting revenues were $19 million ($8 million collected in 2017 but not recognized as revenue until 2018) and $27 million, respectively. Hint: View this as two temporary differences—one reversing in 2018; one originating in 2018.
  4. 2018 expenses included a $14 million unrealized loss from reducing investments (classified as trading securities) to fair value. The investments were sold in 2019.
  5. During 2017, accounting income included an estimated loss of $5 million from having accrued a loss contingency. The loss was paid in 2018 at which time it is tax deductible.
  6. At January 1, 2018, Arndt had a deferred tax asset of $5 million and no deferred tax liability.

Required:
1. Which of the five differences described are temporary and which are permanent differences?Required:

3. Compute the deferred tax amounts that should be reported on the 2018 balance sheet. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

In: Accounting