In order to avoid hiring an outside firm to perform your firm’s special cargo delivery needs, you consider buying a new truck for $40,000. You have been using a trucking service one day every other week for $200/day, plus $1 per mile. And you always give the driver a $40 tip. Most trips are 80 -100 miles. You estimate that your expense of the new truck will be $0.45/mile plus insurance of $1200/year. You would not hire any additional employees; you would just reallocate their time. After 8 years, you figure the truck will be worth $15,000 at which point you’d sell it. If your cost of capital is 9%, is this a positive NPV project? Hint: lay out the savings from NOT using the service as a positive cash flow. Then, as negative cashflows, layout the cost of buying the truck and doing this yourself. Using excel to figure out cash flow in year 1,2,8 & NPV in year 1,2
In: Finance
A realtor studies the relationship between the size of a house (in square feet) and the property taxes (in $) owed by the owner. The table below shows a portion of the data for 20 homes in a suburb 60 miles outside of New York City. [You may find it useful to reference the t table.
| Property Taxes | Size |
| 21985 | 2428 |
| 17448 | 2413 |
| 18247 | 1847 |
| 15636 | 1061 |
| 43943 | 5672 |
| 33618 | 2525 |
| 15255 | 2216 |
| 16784 | 1916 |
| 18153 | 2003 |
| 16759 | 1316 |
| 15192 | 1335 |
| 36072 | 3034 |
| 31015 | 2829 |
| 42195 | 3379 |
| 14356 | 1500 |
| 38938 | 4053 |
| 25355 | 4051 |
| 22961 | 2448 |
| 16181 | 3506 |
| 29206 | 2803 |
a-1. Calculate the sample correlation coefficient rxy. (Round intermediate calculations to at least 4 decimal places and final answers to 4 decimal places.)
c-1. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.)
In: Statistics and Probability
Print greeting Prompt the user for starting odometer reading Use a while loop to validate that starting odometer reading is a positive number.
Initialize variables: last odometer reading, current odometer reading, leg number, total fuel, moreInput
While moreInput == ‘y’
Prompt the user for new odometer reading and fuel consumed If fuel is positive and new odometer reading > last odometer reading:
Calculate MPG for this leg using mpg = (new odometer – last odometer) / fuel Print MPG for this leg
Update last odometer reading, total fuel, leg number
Ask if user wants to continue (save user response in moreInput)
Else
Print message saying fuel should be positive and new odometer reading should be greater than last odometer reading
Print number of legs Calculate average MPG over entire journey (= Total miles travelled / total fuel consumed) Print average MPG over entire journey
Print Bye message.
In: Computer Science
Marsha Jones has bought a used Mercedes horse transporter for her Connecticut estate. It cost $46,000. The object is to save on horse transporter rentals. Marsha had been renting a transporter every other week for $211 per week plus $1.55 per mile. Most of the trips are 90 miles in total. Marsha usually gives the driver a $45 tip. With the new transporter she will only have to pay for diesel fuel and maintenance, at about $.56 per mile. Insurance costs for Marsha’s transporter are $1,750 per year. The transporter will probably be worth $26,000 (in real terms) after eight years, when Marsha’s horse Nike will be ready to retire. Assume a nominal discount rate of 7% and a forecasted inflation rate of 2%. Marsha’s transporter is a personal outlay, not a business or financial investment, so taxes can be ignored. Hint: All numbers given in the questions are in real terms. Assume CF at end of year, for simplicity. Calculate the NPV of the investment.
In: Finance
Marsha Jones has bought a used Mercedes horse transporter for
her Connecticut estate. It cost $36,000. The object is to save on
horse transporter rentals.
Marsha had been renting a transporter every other week for $201 per
day plus $1.05 per mile. Most of the trips are 80 or 100 miles in
total. Marsha usually gives Joe Laminitis, the driver, a $45 tip.
With the new transporter she will only have to pay for diesel fuel
and maintenance, at about $0.46 per mile. Insurance costs for
Marsha’s transporter are $1,250 per year.
The transporter will probably be worth $16,000 (in real terms)
after eight years, when Marsha’s horse Spike will be ready to
retire. Assume a nominal discount rate of 10% and a 4% forecasted
inflation rate. Marsha’s transporter is a personal outlay, not a
business or financial investment, so taxes can be ignored.
Calculate the NPV of the investment. (Do not round
intermediate calculations. Round your answer to the nearest whole
dollar amount.)
In: Accounting
***IN C# ONLY, USING WINDOWS FORMS*** --NO JAVA--.
Create a GUI application in C# that calculates and displays the total travel expenses of a business person on a trip. Here is the information that the user must provide:
• Number of days on the trip • Amount of airfare, if any
• Amount of car rental fees, if any
• Number of miles driven, if a private vehicle was used
• Amount of parking fees, if any
• Amount of taxi charges, if any
• Conference or seminar registration fees, if any
• Lodging charges, per night
The company reimburses travel expenses according to the following policy:
• $37 per day for meals
• Parking fees, up to $10.00 per day
• Taxi charges up to $20.00 per day
• Lodging charges up to $95.00 per day
• If a private vehicle is used, $0.27 per mile driven.
The application should calculate and display the following:
• Total expenses incurred by the businessperson
• The total allowable expenses for the trip
• The excess that must be paid by the businessperson, if any
• The amount saved by the businessperson if the expenses were under the total allowed
In: Computer Science
In C#
Create a GUI application that calculates and displays the total travel expenses of a business person on a trip. Here is the information that the user must provide:
The company reimburses travel expenses according to the following policy:
The application should calculate and display the following:
In: Computer Science
Write a menu-driven program to test the three functions
conver_tlength(), convert_width(), convert_volume() in a program.
Program should allow the user to select one of the options
according to whether lengths, weights or volume are to be
converted, read the volue to be converted and the units, and then
call the appropriate function to carry out the conversion
In unit out unit
I C (inch to centimeter 1 in = 2.4 cm)
F C (feet to centimeter 1 ft = 30.4 cm)
F M (feet to meter 1 ft = 0.304 m)
Y M (yard to centimeter 1 in = 2.4 m)
M K (miles to kilometer 1 mi = 1.60 km)
O G (ounces to grams 1 oz = 28.34 g)
P K (pounds to kilograms 1 LB = .4 kg)
P L (pints to centimeter 1 PT = 0.47 L)
Q L (quarts to liters 1 QT = 0.94 L)
G L (gallons to liters 1 gal = 3.7 L)
NEED THIS IN C++
In: Computer Science
Boston Automotive Company sold a car for a total price of $28,300 at the beginning of January 2017 (1/1/17) which included both the manufacturer’s 2-year, 20,000 mile warranty and an extended warranty for an additional 3 years and 30,000 miles. The extended warranty was $1,900 of the total price. Boston Automotive records revenue under its extended warranties using the straight line method. Boston Automotive has estimated the manufacturer’s 2-year warranty will cause the company to incur costs of $1,000 over the course of the two years. In 2017, Boston Automotive incurred actual warranty costs relative to the car of $200 for parts it had in inventory and $450 paid to its mechanics for labor.
Required:
Record all entries required in 2017 related to the sale of the car and the warranties.
What years would Boston Automotive recognize revenue under the extended warranty?
Prepare the journal entry Boston Automotive would prepare in those years for the extended warranty.
In: Accounting
If a hurricane was headed your way, would you evacuate? The headline of a press release states, "Thirty-two Percent of People on High-Risk Coast Will Refuse Evacuation Order, Survey of Hurricane Preparedness Finds." This headline was based on a survey of 5237 adults who live within 20 miles of the coast in high hurricane risk counties of eight southern states. In selecting the sample, care was taken to ensure that the sample would be representative of the population of coastal residents in these states.
(a) Use this information to estimate the proportion of coastal residents who would evacuate using a 98% confidence interval. (Round your answers to three decimal places.) (_____ ,_____ )
(b) Write a few sentences interpreting the interval and the confidence level associated with the interval. We are ____% confident that the proportion of all coastal residents who evacuate is within the confidence interval. If we were to take a large number of random samples of size 5237, ____% of the resulting confidence intervals would contain the true proportion of all coastal residents who_____evacuate.
In: Statistics and Probability