Questions
2. A city is hosting an annual marathon event and wants to produce t-shirts. Maria was...

2. A city is hosting an annual marathon event and wants to produce t-shirts. Maria was able to obtain previous years’ demand and probability data as given in below table. She also estimates:

Selling price is $10, cost is $3, and the salvage value is $1.

Calculate all numbers in the payoff table. Show all work. How many shirts should be made to maximize profit?

Demand = 1000, 20%

Demand = 2000, 30%

Demand = 3000, 30%

Demand = 4000, 20%

Profit

Make 1000

Make 2000

Make 3000

Make 4000

In: Statistics and Probability

Construct the following network(AOA) and determine the minimum total cost to complete the project if indirect...

Construct the following network(AOA) and determine the minimum total cost to complete the project if indirect cost is Rs.1500 per day.

Activity

NT

CT

NC

CC

1-2

6

4

6000

7800

1-3

7

4

3000

4200

2-3

4

1

5000

9200

2-5

6

5

6000

7500

3-4

7

3

2000

6800

4-5

3

1

2000

4000

4-6

7

3

4000

5600

5-6

5

4

3000

4100

In: Operations Management

A company that was to be liquidated had the following liabilities:   Income taxes 10000 Note Payable...

A company that was to be liquidated had the following liabilities:


  Income taxes

10000

Note Payable (secured by building)

200000

Account Payable

100000

Salaries (Ahmed 20000 and Salem 2000)

22000

Bond payable

90000

Admin expenses for liquidation

30000


The company had the following assets:

Item

Book-value

Fair value

Current Assets

100000

45000

Pre-paid Assets

2000

1800

Building

180000

155000

Land

120000

150000

  
Maximum employees’ payment does not excess $12475.


a. Calculate total assets available to pay liabilities with priority and unsecured creditors?

In: Accounting

An Analyst wants to know if there was a significance difference in the average of hours...

An Analyst wants to know if there was a significance difference in the average of hours worked in a week from 2000 (Group 1) to 2004 (Group 2). He gathers all the data from the General Social Survey, and lists the following summary statistics from the sampling.

Year

2000

2004

Mean

27.34

48.12

Std. Dev

10.11

19.23

Unweighted n

43

54

Source: General Social Survey (sda.berkeley.edu )

What is the correct null hypothesis?

Ho: mu2004-mu2000 < 0

Ho: mu2004-mu2000 does not equal 0

Ho: mu2000-mu2004 > 0

Ho: mu2004-mu2000 = 0

In: Math

An economy has full-employment output of 1500. Suppose desired consumption and desired investment are ?? =...

An economy has full-employment output of 1500. Suppose desired consumption and desired investment are
?? = 125 + 0.75(? − ?) − 400?
?? = 200 − 100?
G is the level of government purchases, and T=100

Money demand is
?? ?
= 0.8? − 2000(? + ??)
where the expected rate of inflation, ??, is 0.05. The nominal supply of money M = 2000.

2. Asset market equilibrium and the LM curve.


i) Derive the LM curve when the price level is equal to the solution in part (h) [Hint: Use the price level from the part (2-h) to get the real money supply]

Solution in part H is P = $2

In: Economics

Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception....

Determining Effects of Stock Splits
Oracle Corp has had the following stock splits since its inception.

Effective Date Split Amount
October 12, 2000 2 for 1
January 18, 2000 2 for 1
February 26, 1999 3 for 2
August 15, 1997 3 for 2
April 16, 1996 3 for 2
February 22, 1995 3 for 2
November 8, 1993 2 for 1
June 16,1989 2 for 1
December 21, 1987 2 for 1
March 9, 1987 2 for 1



a. If the par value of Oracle shares was originally $2, what would Oracle Corp. report as par value per share on its 2015 balance sheet?

Compute the revised par value after each stock split.
Round answers to three decimal places.

Revised Par
Effective Date Value
March 9, 1987 $Answer
December 21, 1987 $Answer
June 16, 1989 $Answer
November 8, 1993 $Answer
February 22, 1995 $Answer
April 16, 1996 $Answer
August 15, 1997 $Answer
February 26, 1999 $Answer
January 18, 2000 $Answer
October 12, 2000 $Answer



b. On May 10, 2016, Oracle stock traded for about $60. All things equal, if Oracle had never had a stock split, what would a share of Oracle have traded for that same day?
Round answer to the nearest dollar.
$Answer

In: Accounting

Python to analyze weather data from a file. First, go to this Minnesota Dept. of Natural...

Python to analyze weather data from a file. First, go to this Minnesota Dept. of Natural Resources web page, which displays weather data for Minneapolis on each day of the year 2000. Click the CSV link to download a file containing the data. The file is a “comma-separated values” text file of weather data. The first few lines look like this:

   "Date","Maximum Temperature degrees (F)","Minimum Temperature...
   "2000-01-01","35.0","24.0","T","0.00","0.00"
   "2000-01-02","35.0","29.0","0.04","0.50","0.00"
   "2000-01-03","29.0","24.0","T","T","0.00"

The first line of the file contains column headings, and each of the remaining lines contain weather data for one specific day. These lines contain a date followed by the high temperature, low temperature, precipitation, snowfall, and snow depth recorded on that day. A value of “T” indicates a “trace” amount of precipitation or snowfall, which you can regard as zero.

Write some Python code to load the data from the file into one or more NumPy arrays. Then compute the following:

  1. Compute the average high and low temperatures for each month. For example, the average high temperature for January is the average of the high temperatures for all 31 days in January.

  2. Compute the number of days each month that received no precipitation. (Regard a “trace” amount of precipitation as zero precipitation.)

  3. Compute the total snowfall for each month. (Again, regard a “trace” amount as no snowfall.)

  4. Find the day that had the greatest difference between the high and low temperature for that day.

In: Computer Science

NO WIKI or PLAGIARIZING!! Reflect on the concepts of linear and non-linear systems. What concepts (only...

NO WIKI or PLAGIARIZING!!

Reflect on the concepts of linear and non-linear systems. What concepts (only the names) did you need to accommodate the concept of linear and non-linear systems in your mind? What are the simplest linear system and non-linear system you can imagine? In your day to day, is there any occurring fact that can be interpreted as linear systems and non-linear systems? What strategy are you using to get the graph of linear systems and non-linear systems?

In: Advanced Math

Suppose demand for and supply of labour in Australia areDemand: LD = 2000 – 50W...

Suppose demand for and supply of labour in Australia are
Demand: LD = 2000 – 50W
Supply: LS = 1000 + 50W,
where, Demand and Supply are expressed in total hours worked per week, and W = hourly wage rate (dollars per hour).

a) What would be the equilibrium hourly wage rate and quantity of labour employed in the absence of any government intervention in the market?

b) At the market equilibrium, what are the elasticities of labour demand and supply?
c) Suppose that the Australian government introduces a wage subsidy of $2 per hour for workers. What will be the effect on the market outcome?
d) Draw a graph to illustrate your answers to parts a) and c).

In: Economics

Suppose there is a corporate bond. Its face value is $2000. And the maturity is 4...

Suppose there is a corporate bond. Its face value is $2000. And the maturity is 4 years. Its coupon is $10 issued at the end of each year. Its price is $1900 right now. The interest rates for bonds and stocks are 2% and 3%, respectively. The market price of stock of this company is $25 right now. And the shares outstanding is 25,000 shares. And the tax rate is 20%. The ratio of debt to equity is 0.2. (30 scores) a. What is the WACC in real term for this firm? b. What are the NPV and the YTM of the bond? c. Suppose the firm is going to repurchase some stocks now. It repurchased 5000 shares from the market at the current price. What is the stock price after the repurchase? d. Suppose the firm is going to split its stock. It is a 2-to-1 split. (a share becomes two.) It requires commission of $ 2000. What is the stock price afterwards? e. Suppose the firm issued cash dividend of $2 per share. What is the price afterwards?
For 2c-2e, the numerators are market value which is the product of market price and shares outstanding. The denominator is the shares outstanding.
for 2c-2e, you only need to concentrate on the change of value and shares outstanding before you compute the value per share as the stock price.
for 2e, you do not need to consider the D0 and D1 here since the price will adjust instantly after the cash dividend in a strongly efficient market.
For 2c, repurchase consumes value and shares outstanding. And stock price comes from firm's value per share.
For 2a, the "in real term" does not mean anything since all the cash flows here are in real term. Besides, you can take the interest rate of bonds and stock as the rd and re in WACC formula. The capital structure comes from the debt-to-equity ratio while the tax rate is given.

In: Finance