Shimmer Inc. is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets: Asset Sales Price Cost Accumulated Depreciation Building $703,000 $657,000 $54,000 Sparkle Corporation stock 138,000 246,000 n/a Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $820,000. What are Shimmer's taxable income and tax liability for the year? (New Corporate income tax rate has been mentioned as "21% on all taxable income" as per the recent change.)

a. What are the incremental earnings for this project for years 1 and​ 2?​ (Note: Assume any incremental cost of goods sold is included as part of operating​ expenses.)

b. What are the free cash flows for this project for years 1 and​ 2?

a. What are the incremental earnings for this project for years 1 and​ 2?​ (Note: Assume any incremental cost of goods sold is included as part of operating​ expenses.)

Calculate the incremental earnings of this project​ below:  ​(Round to one decimal​ place.)

1) A ten-year T-bond has an eight percent coupon, and an eight-year T-bond has a ten percent coupon. These bonds are not callable and both have the same risk. If the yield to maturity (required rate of return) of both bonds increases by the same amount, which of the following statements would be CORRECT?

a) The prices of both bonds will decrease by the same amount.

b) The prices of both bonds would increase by the same amount.

c) Both bonds would decline in price, but the 10-year bond would have the greater percentage decline in price.

d) One bond's price would increase, while the other bond’s price would decrease.

2) Which of the following bonds would have the greatest percentage increase in value if all interest rates in the economy fall by one percent? (be able to explain something like this in the exam)

a) 10-year, zero coupon bond.

b) 1-year, 10% coupon bond.

c)  20-year, 5% coupon bond.

d) 20-year, zero coupon bond.

3) An investor is considering buying one of two 10-year, $1,000 face value, non-callable bonds: Bond Alpha has a seven percent annual coupon, while Bond Beta has a nine percent annual coupon. Both bonds have a yield to maturity of eight percent, and the YTM is expected to remain constant for the next ten years. Which of the following statements is CORRECT?

a)  Bond Alpha has a higher price than Bond B today, but one year from now the bonds will have the same price.

b) Bond Beta has a higher price than Bond Alpha today, but one year from now the bonds will have the same price.

c) Bond Alpha’s current yield is greater than 8%.

d)  One year from now, Bond Alpha’s price will be higher than it is today.

4) Bond Apple has a nine percent annual coupon, while Bond Intel has a seven percent annual coupon. Both bonds have the same maturity, a face value of $1,000, an eight percent YTM, and are non-callable. Which of the following statements is CORRECT?

a) Bond Apple’s capital gains yield is greater than Bond Intel’s capital gains yield.

b)  If the yield to maturity for both bonds immediately decreases to 6%, Bond Apple’s bond will have a larger percentage increase in value.

c)  Bond Apple trades at a discount, whereas Bond Intel trades at a premium.

d) Bond Apple’s current yield is greater than that of Bond Intel.

Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below.

The weighted average cost of capital is 12%, and the FCFs are expected to continue growing at a 3% rate after Year 5. The firm has $26 million of market-value debt, but it has no preferred stock or any other outstanding claims. There are 19 million shares outstanding. Also, the firm has zero non-operating assets. What is the value of the stock price today (Year 0)? Round your answer to the nearest cent. Do not round intermediate calculations.
$ ______ per share

According to the valuation models developed in this chapter, the value that an investor assigns to a share of stock is dependent on the length of time the investor plans to hold the stock.

The statement above is -Select-truefalse

Education: Assume people live 2 years: youth (year 1) and adult (year 2). Youths either go to school or work. If they go to school, they earn zero. If they work they earn $1000. As adults, everyone works. An educated adult earns $3000 while an uneducated adult earns $1800. The interest rate is 12% and the government pays the full cost of schooling at $350 per year.   

Earnings

Earnings: Year 1 Year 2

A. Earnings profile: no school $1000 $1800

B. Earnings profile: with school 0 $3000

C. Earnings gain from schooling -$1000 +$1200

Therefore, calculate the present discounted value of the benefits of schooling and the rate of return for both the individual and society.

Net Private Benefit?

Private Rate of Return?

Net Social Benefit?

Social Rate of Return?

11.Private Four-Year College Enrollment A random sample of enrollments in Pennsylvania’s private four-year colleges is listed here. Check for normality. Answer: Not Normal. Please show work this is a review for an exam

Demand averages 20,002 units per year and operates 365 days per year. Holding cost= $5 per unit per year while the ordering cost is $100 per order. Company is currently using a periodic (P) inventory system, holding 1000 units in safety stock to cover demand uncertainty and placing orders for every 73 days. The company is investigating the possibility of using a continuous review (Q) inventory system with holding 15 units in safety stock to cover demand uncertainty. Use the info to answer the next questions

Suppose a Q system is used with a lot size of 200 (not the EOQ) Assume the safety stock is 15 units.

A)What is the reorder point?

B) Under the company's current P system (from the begging) how much will annual holding costs be? Assume 1000 units in safety stock

C) Annual ordering costs?

D) What is the Target level for this P system?

Write a paper based on this Economic Policy Topic List (you can't pick a topic outside this list – all these topics have been addressed by economists and there is a very large literature on these topics, it's up to you to do your research and do the work):

a) Global Warming (think any questions related to whether or not the government should implement policies to reduce global warming, whether the government should subsidize green energies, whether the government should implement a carbon tax, etc.)

b) Globalization (think any questions related to Free Trade or Protectionism)

c) Health Insurance (think questions related to the Affordable Care Act, a Single-Payer System, or complete

privatization of health insurance markets)

d) Immigration (think any questions related to the wage impact of immigration, the fiscal impact of

immigration, the institutional impact of immigration, the impact of immigration on innovation, etc.)

e) Minimum Wage

f) Poverty and Income Inequality

GUIDELINES: FORMAT, HOW TO SUBMIT, DEADLINES

Format

It's a Microsoft Word, Apple Pages, or PDF document (PDF is preferred).

Length is between 1,200 - 2,500 words (reference list not included).

Font: Times New Roman, Font Size: 12 points, Double Space, Margins: 1 inch (left, top, right, bottom), keep

footnotes at a minimum.

Your paper must have a cover page with Title of the Paper & Abstract summarizing what you did in your paper

(50-150 words) - it doesn't count toward word count. DON'T PUT ANYWHERE Your name, Your student ID number, Course title, Course section, CRN #, Professor's Name. The reason for that is that for assessment and evaluation purposes, we want you to be anonymous. Don't worry, when it comes to your grade, your paper will be graded by me using the scoring rubric below and hyperlinked below in PDF. Assessment uses exclusively the General Studies Learning Outcomes listed below using the rubrics included below BUT there is no grade attached to it. What matters for grade purposes is the SCORING rubric, which I included below and that you can see when you click on the assignment as well.

The paper sequence is to your choosing but your sections/sub-sections must be titled and you must have an Introduction, a Conclusion, and a Reference List.

Assignment Description

For this assignment you will complete a literature review on a topic related to public health or health administration (depending on your major). You can pick any topic within your field that you find interesting and would like to know more about! You will locate a minimum of 4 journal articles on the topic and 1 online source and write a 1 page literature review based on your topic, your question and the sources you’ve selected.

The purpose of this assignment is to facilitate and develop your ability to research a topic, so you can learn to:

1. Identify a topic of interest and formulate a clear question or thesis
2. Learn how to search for and locate sources (e.g. journal articles, websites, reports) using the library’s search engine and Google
3. Critically analyze information found in the sources you have retrieved (e.g. journal articles, websites, reports)
4. Synthesize new knowledge into a written literature review
5. Establish context for your inquiries

Steps to Complete your Literature Review (How)

For this assignment you will be combining material from several texts to create a new text – your literature review.

Steps:

1. Choose a specific topic related to public health or health administration that you are interested in learning more about. Be as specific and narrow as possible.
2. Formulate a question that describes what you would like to know about your topic.
3. Go to the library’s search engine OneSearchLinks to an external site. to locate a minimum of 4 articles on the topic. You will also use Google to find 1 credible online source.
4. After you locate your sources, read the abstracts and skim the articles to determine if they are relevant to your topic AND your question.
5. Read your articles! Make notes, sort and categorize them according to their findings.
6. Organize your articles by sorting and classifying their findings in a meaningful way, remember to always consider your original topic and question.
7. Write your review.
8. Revise your review.

Be sure that your response is in full sentences, follows APA style guidelines (no abstract needed), and is grammatically correct.

Search Optimization Understanding

On the page after your literature review and references, give at least 5 different search "terms" that you used that demonstrate an understanding of search optimization. Also, write at least one sentence that describes why you chose to use the methods you did.