1a/ Monash International Co., an Australian multinational company, forecasts 62 million Australian dollars (A$) earnings next year (i.e., year-one). It expects 58 million Chinese yuan (CNY), 47 million Indian rupees (INR) and 40 million Malaysian ringgit (MYR) proceeds of its three subsidiaries in year-one. It also forecasts the year-one exchange rates A$0.2601/CNY, A$0.0360/INR and A$0.5945/MYR.
Calculate the total Australian dollar (A$) cash flow for year-one. (enter the whole number with no sign or symbol)
1b/ Monash International anticipates a 4.62 per cent increase in the year-one income of its subsidiaries in year-two. It has information that the current 4.88 per cent, 7.83 per cent, 13.78 per cent and 10.06 per cent nominal interest rate in Australia, China, India and Malaysia, respectively, will remain the same in the next three years. Due to foreign currency higher nominal interest rate, subsidiaries will invest 25 per cent, 51 per cent and 39 per cent of their year-two earnings in China, India and Malaysia, respectively, for next year. Subsidiaries will remit their remaining incomes (i.e., after investment) to the Australian parent. Monash International believes in the International Fisher Effects with considering a 2.48 per cent real interest in Australia, China, India and Malaysia to calculate the expected foreign currency value against the Australian dollar for year-two based on the year-one exchange rates A$/CNY, A$/INR, and A$/MYR.
What is the total Australian dollar (A$) cash flow for year-two? (enter the whole number with no sign or symbol)
1c/ In year-three, Monash International has a plan to expand the business in China, India and Malaysia. Consequently, it forecasts an 8.50 per cent increase in year-one earnings of its subsidiaries in year-three. Monash International anticipates 3.44 per cent, 7.20 per cent, 11.64 per cent and 9.16 per cent inflation in Australia, China, Indian and Malaysia, respectively, in year-three. It considers the Purchasing power parity to calculate the value of CNY, INR and MYR against the Australian dollar in year-three using the year-two exchange rates A$/CNY, A$/INR, and A$/MYR.
What is the total Australian dollar (A$) cash flow for year-three? (enter the whole number with no sign or symbol)
1d/ The subsidiaries of Monash International remit their earnings and investment proceeds to the Australian parent at the end of each year. The annual weighted average cost of capital or required rate of return of Monash International is 6.01 per cent.
Calculate the current value of the Monash International Co. using its expected cash flows in year-one, year-two and year-three. (enter the whole number with no sign or symbol).
In: Finance
Logan Products computes its predetermined overhead rate annually on the basis of machine-hours. At the beginning of the year, it estimated that its total manufacturing overhead would be $348,000 and machines would be run a total of 20,000 hours. Its actual total manufacturing overhead for the year was $336,400 and its actual total machine-hours was 19,500 hours.
Required:
Compute the company's predetermined overhead rate for the year, calculate the total overhead applied, and determine the amount of under or over applied overhead in the year.
In: Accounting
1. Why do 70 year-olds need to eat a more nutrient-dense diet than 20 year-olds?
2. Why can limited mobility decrease nutrient intake?
In: Nursing
Grace is your best friend's 20-year-old daughter. Grace has a one-year-old child. You know that Grace lived at home and was a full-time student until she quit college at the end of September of the tax year. Your friend (Grace's mom) gives you Grace's tax documents and tells you to let Grace claim herself and claim her child for EITC. To meet the EITC due diligence knowledge requirement, you:
Cannot ignore the facts about Grace living with her mother for nine months of the year when she was a full-time student.
Can disregard information obtained through a personal relationship.
Cannot complete Grace's return under any circumstances.
Can complete Grace's return filing her as a single nondependent, with EITC for her child.
In: Accounting
Estimated savings-first year, $120,000
Estimated savings-second year, $300,000
Estimated savings-third, fourth, and fifth years,
add 7 percent to each previous year
Estimated one-time costs-first year, $450,000
Estimated additional operating costs-first year, $110,000
Estimated additional operating costs-second year, $140,000
Estimated additional operating costs-third, fourth, and fifth
years, add 7
Percent to the previous year
Federal income tax rate-48 percent
Present value of $1 at 20 percent-first year (calculate with Excel
formula)
Present value of $1 at 20 percent-second year, (calculate with
Excel formula)
Present value of $1 at 20 percent-third year, (calculate with Excel
formula)
Present value of $1 at 20 percent-fourth year, (calculate with
Excel formula)
Present value of $1 at 20 percent-fifth year, (calculate with Excel
formula)
| Years from start of system implementation | ||||||
| 1 | 2 | 3 | 4 | 5 | 5-Year Total | |
| Estimate Savings | ||||||
| Estimate One-Time Cost | ||||||
| Est Addition at Operating Cost | ||||||
| Total Cost | ||||||
| Net Savings(Losses Before | ||||||
| Federal Income Taxes) | ||||||
| At 20% | |||||
| YEAR | Net Savings (Losses) Before Federal Income Taxes | Federal Income Tax Rate at a 48% Rate | Net Savings (Losses) After Federal Income Taxes | Present Value of $1.00 | Pre-Value of Net Savings (Losses) |
| 1 | |||||
| 2 | |||||
| 3 | |||||
| 4 | |||||
| 5 | |||||
| Total | |||||
In: Finance
|
Problem 7-11 One year ago Carson Industries issued a 10-year, 15% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,075, and it now sells for $1,180. What is the bond's nominal yield to maturity? Do not round
intermediate calculations. Round your answer to two decimal
places. % Is this yield affected by whether the bond is likely to be called? If the bond is called, the current yield and the capital gains yield will remain the same but the coupon rate will be different. If the bond is called, the current yield will remain the same but the capital gains yield will be different. If the bond is called, the current yield and the capital gains yield will remain the same. If the bond is called, the capital gains yield will remain the same but the current yield will be different. If the bond is called, the current yield and the capital gains yield will both be different. -Select-IIIIIIIVVItem 5 What is the expected capital gains (or loss) yield for the coming year? Use amounts calculated in above requirements for calcuation, if reqired. Round your answer to two decimal places. Enter a loss percentage, if any, with a minus sign. % Is this yield dependent on whether the bond is expected to be called? If the bond is not expected to be called, the appropriate expected total return is the YTC. If the bond is expected to be called, the appropriate expected total return will not change. The expected capital gains (or loss) yield for the coming year depends on whether or not the bond is expected to be called. The expected capital gains (or loss) yield for the coming year does not depend on whether or not the bond is expected to be called. If the bond is expected to be called, the appropriate expected total return is the YTM. -Select-IIIIIIIVVItem 7 |
In: Finance
Case study Josh Wallace
Demographic data
Josh Wallace is an indigenous 20-year-old second-year university student. He likes to write music and plays several musical instruments, including the didgeridoo. He is studying music at university and hopes to compose music for orchestras. Josh works part-time as a barista in a coffee shop and performs with an indigenous dance group. He lives in the city with his mother’s sister, her three teenage children, and Uncle Bill, the brother of his grandmother. Josh’s parents live in a large regional town. His parents are teachers who work in a ‘Flexi- school’. He has two younger siblings. His parents are very active in the local indigenous community.
Past Medical-Surgical and Psychiatric history.
At the age of 14, Josh experienced mental health issues because of problems at home. Firstly, his uncle, a man in his early 50’s, completed suicide. And then both his parents experienced illness. His mother was diagnosed with depression several months after his father recovered from a life-threatening illness. After Josh returned to school where he was a boarder, he found himself crying in his room at night because he felt sad all the time. He began to self-harm. He didn’t want to talk to his friends because he thought he might be considered weak, and he didn’t want to worry his family. His Year 9 Coordinator, Mr. Adams, noticed a change in Josh, who was usually an outgoing and active participant in the school community. Mr. Adams arranged a meeting, and at that time he noted the cuts on Josh’s arms. Josh was referred to the school counselor and the school nurse, and he was eventually referred to as Child and Youth Mental health services (CYMHS). He was seen on a regular basis by a team including a mental health nurse. He was prescribed Fluoxetine 20 mg. With support from family, the school, and CYMHS, he put in place strategies to benefit his recovery. He was discharged from CYMHS when he turned 18. He decided to accept support from the services offered at Headspace and attended three appointments over a 6 - month period when he was 19. Mid last year, Josh has experienced the death by completed suicide, of his 21-year-old cousin Luke. His cousin lived in a regional area, and Josh was unable to join family members because of his study commitments. At present, he is enrolled in a summer intensive unit, because he failed a unit in the second semester. The teacher is dismissive of students who do not speak up, and Josh has been targeted for comments on several occasions. Josh is the only indigenous student in the tutorial group, and he does not know anyone else. Josh also misses his girlfriend Aimee. She is on placement for four weeks, and Josh does not have a car to visit her. Josh has experienced shortness of breath and chest pain during rehearsals with his dance group. He hadn’t told anyone, believing it was probably muscle pain. Last night he experienced chest pain prior to leaving the house to attend rehearsals. It became so bad he thought he was going to die and alerted his Aunt Alice for help. He was transported to the local emergency department for assessment. Josh is told he has experienced a panic attack. No physical abnormalities were detected in ECG or blood, and he will be referred to his GP, and to Headspace for follow up appointments.
Presenting History
Josh arrives for his appointment at Headspace. He is accompanied by his Aunt Alice. Josh is unkempt, disheveled, and looks sad. His voice is monotone and flat, and he has poor eye contact. He tells you “I am sorry to worry everyone, it was just a panic attack- I can never get things right.” He says he feels worried and on edge all the time, and has difficulty concentrating. His Aunt tells you Josh has been isolating himself Faculty of Health | School of Nursing, Midwifery & Paramedicine in his room, and has missed a couple of shifts at the coffee shop and some tutorials on campus. He also becomes easily irritated, yelling at his cousins and his Aunt. This is not his usual behavior.
Q. What historical and cultural issues need to be considered when caring for Josh?
II. What are the signs and symptoms of depression? Considering the case study, describe the different types of behavior and verbal responses, that may indicate Josh may be experiencing depression?
III. What is meant by culturally safe practice and what are the key skills that nurses need to develop to provide culturally safe practice for Josh?
IV. Identify the psychotropic medication previously prescribed for the treatment of the symptoms of depression experienced by Josh, and consider the importance of effective monitoring, consumer experiences (side effects) and safety factors;
In: Nursing
K. Shiryayeva will receive $32,000 per year for the next 20 years (assume she receives the first payment one year from today) for her work as a short-order fry cook. What is the today's value of these cash flows if the appropriate discount rate is 8 percent?
• The value is less than 5100,000
• The value Is greater than or equal lo $300,000 but less ihan $305.000
• The value is greater than or equal to $305,000 but less than $310,000
• The value is greater than et equal to $310000 but less than $315,000
• The value is greater than or equal to $315,000
In: Accounting
You invest in a project that will pay you $500 per year for 5 years and then pays $750 per year for the following 10 years (assume that all payments are made at the end of the year). You require a 6% rate of return on this type of investment. Give your return requirement, what is the maximum amount that you would be willing to pay today for the cash flow stram associated with this project? Round only your final answer to the colsest dollar.
• 5,344
• 6,839
• 8,750
• $5,444
• $6,231
In: Accounting
Today, interest rates on 1-year T-bonds yield 1.5%, interest rates on 2-year T-bonds yield 2.55%, and interest rates on 3-year T-bonds yield 3.4%.
a. If the pure expectations theory is correct, what is the yield on 1-year T-bonds one year from now? Be sure to use a geometric average in your calculations. Round your answer to four decimal places. Do not round intermediate calculations. ________ %
b. If the pure expectations theory is correct, what is the yield on 2-year T-bonds one year from now? Be sure to use a geometric average in your calculations. Round your answer to four decimal places. Do not round intermediate calculations. ___________%
c. If the pure expectations theory is correct, what is the yield on 1-year T-bonds two years from now? Be sure to use a geometric average in your calculations. Round your answer to four decimal places. Do not round intermediate calculations. ________%
In: Finance