Questions
One share of Global Core Development Systems, Inc (an imaginary company with the abbreviation: Go-CDS) stock...

One share of Global Core Development Systems, Inc (an imaginary company with the abbreviation: Go-CDS) stock was priced at $14.31 on January 1, 2015. Your tasking in this problem is to determine how long does it take for a stockholder to double their money who has invested in Go-CDS? In other words, how long until the price per share has doubled.

Here are some facts about Go-CDS:

  • Very stable company with a proven track record of manufacturing.
  • The normal growth of Go-CDS's stock has averaged a monthly growth rate of 0.5000% in the share price. (This means that the price per share goes up by 0.5000% each month over the last month's price.)
  • Beginning in March 2015, each time Go-CDS releases a quarterly report (on the 15th of the months of March, June, September and December each year), the stock share price increased immediately by 4.3000% due to the continuing, favorable outlook for Go-CDS's products in the marketplace. This trend continues throughout the time period.
  • Due to a merger with another manufacturing company in the 19th month after 1/1/2015, the monthly growth rate increased to 1.4000% until the end of THAT calendar year (the last month of that year is the 24th month). Since then, the monthly growth rate increased to 2.3000% per month.
  • Unfortunately, due to a bad set of business decisions in 2017, the Board fired the CEO which instantly cut the share price on January 5, 2017 to $3.58 (the 25th month). A new CEO was immediately hired on January 10, 2017.
  • The company growth rate reset to 0.9500% per month after the new CEO was hired due to bad press.

Problem: Write a MATLAB program to solve the following questions:

Question 1:

In what month does the stock exceed 2 times the price of $14.31?

Question 2:

Prepare a plot of the stock's per-month price movement over the course starting from the first month of year 2017 until the price has exceeded 2 times the price of $14.31. (You plot should start from month 25, and should cover the month that is the answer to Question #1.) You will need to adjust the plot routine to ONLY show these months.

To limit the plot to these months, add the following command after your xlabel and ylabel commands:

axis ([25, 41, 20, 30])
xticks (0:4:length(P))
yticks (0:2:30)

How do I code this is MATLAB?

In: Computer Science

In 6 sentences discuss how should Kevin Clearing proceed at this point? Kevin Clearing is the...

In 6 sentences discuss how should Kevin Clearing proceed at this point?

Kevin Clearing is the engineering manager for the Verdant County Road Commission (VCRC). VCRC has primary responsibility for maintaining the safety of county roads. Verdant County's population has increased by 30% in the past 10 years. This has resulted in increased traffic flow on many secondary roads in the area. Forest Drive, still a two lane road, has more than doubled its traffic flow during this period. It is now one of the main arteries leading into Verdant City, an industrial and commercial center of more than 60,000 people. For each of the past 7 years at least one person has suffered a fatal automobile accident by crashing into trees closely aligned along a 3 mile stretch of Forest Drive. Many other accidents have also occurred, causing serious injuries, wrecked cars, and damaged trees. Some of the trees are quite close to the pavement. Two law suits have been filed against the road commission for not maintaining sufficient road safety along this 3 three mile stretch. Both were dismissed because the drivers were going well in excess of the 45 mph speed limit. Other members of VCRC have been pressing Kevin Clearing to come up with a solution to the traffic problem on Forest Drive. They are concerned about safety, as well as law suits that may some day go against VCRC. Clearing now has a plan -- widen the road. Unfortunately, this will require cutting down about 30 healthy, longstanding trees along the road. Clearing's plan is accepted by VCRC and announced to the public. Immediately a citizen environmental group forms and registers a protest. Tom Richards, spokesperson for the group, complains, "These accidents are the fault of careless drivers. Cutting down trees to protect drivers from their own carelessness symbolizes the destruction of our natural environment for the sake of human 'progress.' It's time to turn things around. Sue the drivers if they don't drive sensibly. Let's preserve the natural beauty and ecological integrity around us while we can." Many letters on both sides of the issue appear in the Verdant Press, the issue is heatedly discussed on local TV, and Tom Richards presents VCRC with a petition to save the trees signed by 150 local citizens.

In 6 sentences discuss how should Kevin Clearing proceed at this point?

In: Mechanical Engineering

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We...

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet profits on those jobs are never as high as they ought to be. On the other hand, we lose most of the jobs we bid on that require a lot of time in the Binding Department. I would be inclined to think that the problem is with our overhead rates, but we’re already computing separate overhead rates for each department. So what else could be wrong?” Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by three service departments. The costs of these service departments are allocated to other departments in the order listed below. The Personnel cost is allocated based on number of employees. The Custodial Services cost is allocated based on square feet of space occupied and the Maintenance cost is allocated based on machine-hours. Department Total Labor-Hours Square Feet of Space Occupied Number of Employees Machine-Hours Direct Labor-Hours Personnel 16,500 12,400 25 Custodial Services 8,200 4,000 42 Maintenance 14,700 10,600 67 Printing 30,600 40,100 107 169,000 15,000 Binding 103,000 20,900 302 48,000 72,000 173,000 88,000 543 217,000 87,000 Budgeted overhead costs in each department for the current year are shown below: Personnel $ 330,000 Custodial Services 65,400 Maintenance 93,300 Printing 418,000 Binding 161,000 Total budgeted cost $ 1,067,700 Because of its simplicity, the company has always used the direct method to allocate service department costs to the two operating departments. Required: 1. Using the step-down method, allocate the service department costs to the consuming departments. Then compute predetermined overhead rates in the two operating departments. Use machine-hours as the allocation base in the Printing Department and direct labor-hours as the allocation base in the Binding Department. 2. Repeat (1) above, this time using the direct method. Again compute predetermined overhead rates in the Printing and Binding departments. 3. Assume that during the current year the company bids on a job that requires machine and labor time as follows: Machine-Hours Direct Labor-Hours Printing Department 2,700 1,300 Binding Department 800 13,500 Total hours 3,500 14,800 a. Determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (1) above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (2) above.

In: Accounting

QUESTION 4 (20 MARKS) Case Study (Floor Price/Ceiling Price) Kuala Lumpur, 30 October 2015: New private...

QUESTION 4

Case Study (Floor Price/Ceiling Price)

Kuala Lumpur, 30 October 2015: New private sectors are not to defer the payment of
minimum wages, scheduled for July 2016. Therefore, employers have to comply with the
minimum wage ruling without giving any more excuses, said Datuk Seri Richard Riot, the
Human Resources Minister. He mentioned that “There is no turning back on this policy”, as
the national minimum wage was introduced three years back. He said this in his speech which
was read out by Datuk Seri Saripuddin, the ministry secretary-general, at an official
ceremony held for the new National Wages Consultative Council and National Wages
Consultative Committee programme.
The minimum wage, as set in Budget 2016, increased from RM900 to RM1000 for the
private sector in Peninsular Malaysia and from RM800 to RM920 for Sabah, Sarawak and
Labuan. This would be followed by an announcement on the standardized minimum wage
rate. “Several clauses of minimum wages for those paid daily, piece-rated and related matters
will be included in a new Order. The fine details of the cabinet‟s decision will be forwarded
to the National Wages Consultative Council secretariat soon,” said Riot. He also added that
the increase in minimum wages could help to improve the people‟s livelihood, which is the
government‟s commitment.
“We hope the council members will continue to discuss this matter, and to consider the
national interest as the minimum wage policy is an intervention to turn the country into a
developed nation by 2020,” he said.
According to Riot, as of August 2015, 182 employers had been charged in court and action
taken against 122 for failing to obey the minimum wage ruling. After much discussion in the
Cabinet, it is a balanced approach taken by the government based on recommendation given
by the council members, World bank and other stakeholders.
Datuk Seri Saripudin mentioned at a press conference later that there was ample time for the employers to be prepared financially for this change in the minimum wage structure. “The
rates set is acceptable and fair to all”, he added. According to Tan Sri Azman Sha Haron who
was also present, the minimum wage did not differentiate between local and foreign
employees. The president of the Malaysian Employers Federation further commented that there was concern about a large sum of money going out of the country, due to the minimum
wage.


Questions:

i. What is minimum wage? What kind of price control is it known?

ii. How much is the minimum wage in 2015 and 2016?

iii. With the aid of diagram, explain the concept of minimum wage.

iv. Explain the advantages and disadvantages of the imposition of minimum wage.

In: Economics

1. A large copper tank is 3 m long when it’s at room temperature 20 oC....

1. A large copper tank is 3 m long when it’s at room temperature 20 oC. When the tank is partially filled with hot water, its temperature rises to 95 oC. What is the length of the copper tank at this temperature? The coefficient of linear expansion for copper is 17×10-6 /oC. (5pts)

2. When you press on the brake pedal of a car the car slows down. This means that the car’s kinetic energy decreases. You might ask where does that KE go? The answer is into heat and therefore the brakes get hot. Let’s assume that the brake mechanism for the car is made of steel and the total mass of the brakes is 20 kg. (Steel has a specific heat capacity of 460 J/(kg oC).)

(a) A car with mass 1,000 kg is moving at 20 m/s. What is the kinetic energy of the car? (5 pts)

(b) The car stops with its brakes, and the KE is transferred to heat in the brakes. By how much does the temperature rise inside the brakes? (5pts)

3. Concrete has a coefficient of linear expansion of about 8 × 10-6/°C. If you were to build a bridge from concrete panels, you would have to leave a gap between them so that the concrete panels would have room to expand on a hot day. Suppose you leave a gap of 1.5 cm between panels, and you require that the panels must expand by only 1.3 cm when the temperature rises by 60 °C. What is the maximum length of the concrete panels? (5 pts) 1

5. Here’s some data on thermal conductivity for various materials (the units are W/(m°C): aluminum: k = 237 copper: k = 400 iron: k = 72 If you had to select between kettles made of aluminum, copper and iron for boiling water on a stove top, which kettle type should you choose? (5 pts)

6. A 10 kg block of iron is dropped into a 10 kg pool of water. The temperature of the iron is initially 100 °C, and the temperature of the water is initially 20 °C. Circle all the statements that are true. (5 pts)

a. Heat moves from the iron into the water.

b. Heat moves from the water into the iron.

c. Heat moves so that the heat in the iron is equal to the heat in the water.

d. Heat moves so that the final temperature of the iron and water are equal.

e. The final temperature of the water and iron will be greater than 20°C and less than 100 °C.

In: Physics

Consider the following independent situations, all of which apply to audits of entities for the year...

Consider the following independent situations, all of which apply to audits of entities for the year ending 31 December 20X7:

(i) Slipway Limited, a listed company, has been experiencing declining sales over the last 2 years. Cost cutting has proved difficult due to the high level of imported machinery used in Slipway’s operations and consequently margins have been falling. While the bankers are presently happy to continue providing Slipway with loan facilities, they do expect to see improved results in the next financial report. Articles about Slipway’s expected financial results appearing in recent press reports all had quite a pessimistic tone.

(ii) Discount Foods Limited is a large supermarket chain with offices in all capital cities around Australia. Until 30 June 20X7 data processing relating to payroll transactions will be carried out in each capital city by an independent computer service bureau. \

(iii) Getaway Pty. Limited is a long established firm which has been operating a boutique hotel in the Blue Mountains for over 20 years. During this time, it has adopted a conservative business strategy that has seen it produce adequate, though slightly unimpressive, results. A new CEO has been appointed to run the firm from 1 September 20X7. He has already released his plans for renovating the hotel, despite not officially serving as CEO yet. You have also heard him discuss the implementation of a new marketing strategy to boost occupancy rates.

(iv) Angora Pty. Limited is a small primary producer specializing in the production of angora wool. Angora’s recent display at a trade show has seen orders flood in from overseas buyers. The accountant, Michael, has done his best to satisfy the orders as quickly as possible while maintaining the appropriate (foreign currency) accounting records. However, from some of the questions he has been asking you, you suspect he is out of his depth.

(v) Kings Pty. Limited has been manufacturing uniforms for the Australian market for the last 40 years. The government’s recent tariff reduction policy has placed Kings in direct competition with cheaper uniforms manufactured overseas. In a bid to retain market share, Kings has been selling part of its school uniform range at less than cost. However, overall profit figures remain buoyant.

Required: For each of the above independent situations describe the overall impact on audit risk and identify the specific component(s) of audit risk affected.

In: Accounting

Case Study. Please explain how this is an example of an investment scam? Sept. 20--The Securities...

Case Study.

Please explain how this is an example of an investment scam?

Sept. 20--The Securities and Exchange Commission on Wednesday said it froze the assets of a $345 million investment fund, alleging that it was a Ponzi scheme that used money from hundreds of investors across the United States to fund lavish lifestyles.

An SEC complaint unsealed Tuesday, Sept. 18, alleged that the three -- Kevin B. Merrill, Jay B. Ledford and Cameron Jezierski -- attracted investors to their scheme by promising profits from buying and selling consumer debt portfolios, starting in January 2013.

But in fact, they used a "web of lies, fabricated documents, and forged signatures in an elaborate scheme to entice investors and perpetuate the fraud," the SEC said in a press release. Rather than buying and servicing debt portfolios as promised, the three used funds from new investors to make payments to earlier investors.

The SEC also alleged that Merrill and Ledford stole at least $85 million of the investor funds to maintain lavish lifestyles, spending millions of dollars on luxury items, including $10.2 million on at least 25 high-end cars, $330,000 for a 7-carat diamond ring, $168,000 for a 23-carat diamond bracelet, millions of dollars on luxury homes, and $100,000 to a private fitness club.

"We allege that the defendants engaged in a brazen fraud, deceiving investors to perpetuate their wrongdoing and line their pockets with ill-gotten gains," said Kelly L. Gibson, associate regional director of the SEC's Philadelphia regional office, which filed the complaint.

"Investors should be warned that low-risk, high-return investments that never lose should be a red flag," she added.

In a parallel case, the U.S. Attorney's Office for the District of Maryland also announced criminal charges against Merrill, 53, of Towson, Md.; Ledford, 54, of Westlake, Tex., and Las Vegas, Nev.; and Jezierski, 28, of Fort Worth, Texas.

The SEC's complaint, filed on Sept. 13 in federal district court in Maryland, charges Merrill, Ledford, and Jezierski, along with their investment entities, Global Credit Recovery LLC, Delmarva Capital LLC, Rhino Capital Holdings LLC, Rhino Capital Group LLC, DeVille Asset Management LTD, and Riverwalk Financial Corp., with violations of federal securities laws.

The SEC won an asset freeze, temporary restraining order, and the appointment of a receiver. The SEC's ongoing investigation is being conducted by Norman P. Ostrove, Dustin E. Ruta, and Scott A. Thompson in the Philadelphia Regional Office and supervised by Gibson.

In: Accounting

**write a java program infix to postfix**showing the expression tree*** I. Input All input data are...

**write a java program infix to postfix**showing the expression tree***

I. Input

   All input data are from a file "in.dat". The file contains a
sequence of infix form expressions, one per line. The character '$' 
is an end mark. For example, the following file has four infix form 
expressions:

   1 + 2 * 3 ^ ! ( 4 == 5 ) $
   3 * ( 6 - 4 * 5 + 1) + 2 ^ 2 ^ 3 $
   77 > ( 2 - 1 ) + 80 / 4 $
   ! ( 2 + 3 * 4 >= 10 % 6 ) && 20 != 30 || 45 / 5 == 3 * 3 $

Each expression is a sequence of tokens (i.e., constant integers,
operators, and end mark) separated by spaces. There is no variable.


II. Output

   Output data and related information are sent to the screen.
Your program should do the following for each expression:

   (1) printing the expression before it is manipulated;
   (2) showing the converted postfix form expression;
   (3) showing the expression tree;
   (4) printing the fully parenthesized infix form expression;
   (5) reporting the value of the expression.


III. Operators

   The following operators are considered. They are listed in the
decreasing order of precedence.

   Token            Operator            Associativity

    !               logical not         right-to-left
    ^               exponentiation      right-to-left
    *  /  %         multiplicative      left-to-right
    +  -            additive            left-to-right
    <  <=  >  >=    relational          left-to-right
    ==  !=          equality            left-to-right
    &&              logical and         left-to-right
    ||              logical or          left-to-right


IV. Other Requirements

   Since a large amount of information are to be displayed on the
screen, it is mandatory for your program to provide users a prompting
message such as

          Press <Enter> to continue ...

after each expression is processed, so that users have the chance to
check the output of your program carefully.


V. Algorithm: Infix_to_postfix conversion

  Input:  An infix form expression E = t1 t2 t3 ... $,
          which is a sequence of tokens.
  Output: The postfix form expression of E.

  Algorithm: 
  {
    do {
      get the next token t;
      case (t) {
         operand: place t onto the output;
                  break;
        operator: while (stack s is not empty
                    && stacktop(s) is not a left parenthesis)
                    && precedence(stacktop(s)) >= precedence(t)
                       // assuming left-to-right associativity, 
                       // not for the exponentiation operator ^, 
                       // which has right-to-left associativity 
                  {
                        pop(x,s);
                        place x onto the output;
                  }
                  push(t,s);
                  break;
               (: push(t,s);
                  break;
               ): while (stacktop(s) is not a left parenthesis) {
                      pop(x,s);
                      place x onto the output;
                  }
                  pop(x,s);
                  break;
        end mark: while (stack s is not empty) {
                      pop(x,s);
                      place x onto the output;
                  }
                  place the end mark onto the output;
                  break;
      }
    } while (t is not the end mark);
  }

In: Computer Science

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We...

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet profits on those jobs are never as high as they ought to be. On the other hand, we lose most of the jobs we bid on that require a lot of time in the Binding Department. I would be inclined to think that the problem is with our overhead rates, but we’re already computing separate overhead rates for each department. So what else could be wrong?”

Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by three service departments. The costs of these service departments are allocated to other departments in the order listed below. The Personnel cost is allocated based on number of employees. The Custodial Services cost is allocated based on square feet of space occupied and the Maintenance cost is allocated based on machine-hours.

Department Total Labor-Hours Square Feet of Space Occupied Number of Employees Machine-Hours Direct Labor-Hours
Personnel 16,900 12,300 28
Custodial Services 8,100 3,500 43
Maintenance 14,100 10,300 68
Printing 30,100 40,100 102 167,000 13,000
Binding 108,000 20,700 310 42,000 79,000
Total 177,200 86,900 551 209,000 92,000

The Budgeted overhead costs in each department for the current year are shown below:

Personnel $ 330,000
Custodial Services 66,000
Maintenance 94,000
Printing 411,000
Binding 167,000
Total budgeted cost $ 1,068,000

Because of its simplicity, the company has always used the direct method to allocate service department costs to the two operating departments.

Required:

1. Using the step-down method, allocate the service department costs to the consuming departments. Then compute predetermined overhead rates in the two operating departments. Use machine-hours as the allocation base in the Printing Department and direct labor-hours as the allocation base in the Binding Department.

2. Repeat (1) above, this time using the direct method. Again compute predetermined overhead rates in the Printing and Binding departments.

3. Assume that during the current year the company bids on a job that requires machine and labor time as follows:

Machine-Hours Direct
Labor-Hours
Printing Department 2,500 1,200
Binding Department 400 13,500
Total hours 2,900 14,700

a. Determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (1) above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (2) above.

In: Accounting

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We...

“This is really an odd situation,” said Jim Carter, general manager of Highland Publishing Company. “We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet profits on those jobs are never as high as they ought to be. On the other hand, we lose most of the jobs we bid on that require a lot of time in the Binding Department. I would be inclined to think that the problem is with our overhead rates, but we’re already computing separate overhead rates for each department. So what else could be wrong?”

Highland Publishing Company is a large organization that offers a variety of printing and binding work. The Printing and Binding departments are supported by three service departments. The costs of these service departments are allocated to other departments in the order listed below. The Personnel cost is allocated based on number of employees. The Custodial Services cost is allocated based on square feet of space occupied and the Maintenance cost is allocated based on machine-hours.

Department Total Labor-Hours Square Feet of Space Occupied Number of Employees Machine-Hours Direct Labor-Hours
Personnel 16,200 12,300 27
Custodial Services 8,500 3,800 46
Maintenance 14,000 10,900 69
Printing 30,800 40,100 103 160,000 17,000
Binding 100,000 20,400 302 48,000 75,000
169,500 87,500 547 208,000 92,000

Budgeted overhead costs in each department for the current year are shown below:

Personnel $ 330,000
Custodial Services 65,800
Maintenance 93,500
Printing 411,000
Binding 165,000
Total budgeted cost $ 1,065,300

Because of its simplicity, the company has always used the direct method to allocate service department costs to the two operating departments.

Required:

1. Using the step-down method, allocate the service department costs to the consuming departments. Then compute predetermined overhead rates in the two operating departments. Use machine-hours as the allocation base in the Printing Department and direct labor-hours as the allocation base in the Binding Department.

2. Repeat (1) above, this time using the direct method. Again compute predetermined overhead rates in the Printing and Binding departments.

3. Assume that during the current year the company bids on a job that requires machine and labor time as follows:

Machine-Hours Direct
Labor-Hours
Printing Department 2,700 1,500
Binding Department 500 13,100
Total hours 3,200 14,600

a. Determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (1) above. Then determine the amount of overhead cost that would be assigned to the job if the company used the overhead rates developed in (2) above.

In: Finance