Questions
Using internal controls to prevent errors. The following misstatements occurred in the records of MW Company....

Using internal controls to prevent errors. The following misstatements occurred in the records of MW Company. For each misstatement, suggest a control to prevent it from happening. 1. A bill from a supplier was paid for goods that had not been ordered. 2. A supplier's bill for 50 boxes of materials was paid even though only 40 boxes were received. 3. Expensive product components were stolen by an employee from a loading dock area after hours. 4. No bill was sent to a customer for a shipment because the shipping document was lost after the shipment was made.

In: Finance

Using readily available data, plot two yield curves: One from January 2017 One from January 2019...

Using readily available data, plot two yield curves:

  1. One from January 2017
  2. One from January 2019

Based on your understanding of the signals sent by the yield curve:

  1. What has happened to the shape of the curve over the last two years?
  2. What does this mean for the stock and bond markets?

source: fred.stlouisfed.org

use this source to select a graph.

In: Finance

question one 100 kg of a gas has the following mass composition: 19.3% CO2, 6.5% O2...

question one 100 kg of a gas has the following mass composition: 19.3% CO2, 6.5% O2 , 2.1% H2O and 72.1% N2

What is the mole fraction of each component in the mixture?

Molecular weight of (CO2= 44, O2=32, H2O=18, N2=28)

question two The density of a certain solution is 1.05 g/cm3 at 25°C. How many cubic meters will be occupied by 5000 kg of this solution.

In: Other

The Severn Company plans to raise a net amount of $270 million to finance new equipment...

The Severn Company plans to raise a net amount of $270 million to finance new equipment in early 2017. Two alternatives are being considered: Common stock may be sold to net $60 per share, or bonds yielding 10% may be issued. The balance sheet and income statement of the Severn Company prior to financing are as follows:

The Severn Company: Balance Sheet as of December 31, 2016
(Millions of Dollars)

Current assets

$ 900.00

Notes payable

$ 255.00

Net fixed assets

450.00

Long-term debt (10%)

695.00

Common stock, $3 par

60.00

Retained earnings

340.00

Total assets

$1,350.00

Total liabilities and equity

$1,350.00

The Severn Company: Income Statement for Year Ended December 31, 2016 (Millions of Dollars)

Sales

$2,475.00

Operating costs

2,227.50

Earnings before interest and taxes (10%)

$247.50

Interest on short-term debt

15.00

Interest on long-term debt

69.50

Earnings before taxes

$163.00

Federal-plus-state taxes (40%)

65.20

Net income

$97.80

The probability distribution for annual sales is as follows:

Probability

Annual Sales
(Millions of
Dollars)

0.30

$2,250

0.40

2,700

0.30

3,150

Assuming that EBIT equals 10% of sales, calculate earnings per share (EPS) under the debt financing and the stock financing alternatives at each possible sales level. Do not round intermediate calculations. Round your answers to two decimal places. Write out your answer completely. For example, 0.00013 million should be entered as 130.

Annual Sales
(Millions of Dollars)

EPS under
the debt financing

EPS under
the stock financing

$2,250

$ _________

$ ___________

2,700

$___________

$___________

3,150

$ ____________

$____________

Calculate expected EPS under both debt and stock financing alternatives. Do not round intermediate calculations. Round your answers to two decimal places. Write out your answer completely. For example, 0.00013 million should be entered as 130.

Under the debt financing expected EPS is $ __________.
Under the stock financing expected EPS is $ _________ .

Calculate σEPS under both debt and stock financing alternatives. Do not round intermediate calculations. Round your answers to two decimal places. Write out your answer completely. For example, 0.00013 million should be entered as 130.
Under the dept financing σEPS is $ ___________ .
Under the stock financing σEPS is $ ______________ .

Calculate the debt-to-capital ratio and the times-interest-earned (TIE) ratio at the expected sales level under each alternative. The old debt will remain outstanding. [Hint: Notes payable should be included in both the numerator and the denominator of the debt-to-capital ratio.] Do not round intermediate calculations. Round your answers to two decimal places.

Under the debt financing:

The debt ratio is

%.

Times-interest-earned ratio is

.

Under the stock financing:

The debt ratio is

_________ %.

Times-interest-earned ratio is

. ___________


Which financing method do you recommend? select one
Debt or Equity


In: Finance

A 1.8 kg , 20-cm-diameter turntable rotates at 130 rpm on frictionless bearings. Two 510 g...

A 1.8 kg , 20-cm-diameter turntable rotates at 130 rpm on frictionless bearings. Two 510 g blocks fall from above, hit the turntable simultaneously at opposite ends of a diameter, and stick.What is the turntable's angular velocity, in rpm, just after this event?

In: Physics

1. Create a PHP program containing an multi dimensional array of all the first and last...

1. Create a PHP program containing an multi dimensional array of all the first and last names of the students in your class. Sort the array by last name in alphabetic order. Also sort the array in reverse order.

2. Split the array from #1 into two arrays; one containing first names, the other containing last names.

In: Computer Science

X Company is considering replacing one of its machines in order to save operating costs. Operating...

X Company is considering replacing one of its machines in order to save operating costs. Operating costs with the current machine are $68,000 per year; operating costs with the new machine are expected to be $38,450 per year. The new machine will cost $156,000 and will last for five years, at which time it can be sold for $3,000. The current machine will also last for five more years but will not be worth anything at that time. It cost $45,000 four years ago, but its current disposal value is only $6,000. Assuming a discount rate of 8%, what is the incremental net present value of replacing the current machine?

b. Assume the following two changes: 1) both machines will last for six more years, 2) the salvage value of the new machine after six years will be zero. If X Company replaces the current equipment, what is the approximate internal rate of return?

In: Accounting

Write a program call FancyMyName which asks you to write a program that tests the usage...

Write a program call FancyMyName which asks you to write a program that tests the usage of different methods for working with Strings.

This program will ask the user to enter their first name and their last name, separated by a space.

Read the user's response using Scanner. Separate the input string up into two strings, one containing the first name and one containing the last name. You can accomplish this by using the indexOf() hint*** find the position of the space, and then using substring() to extract each of the two names. Also output the number of characters in each name (first & last) and output the user's initials. The initials are the first letter of the first name together with the first letter of the last name

A sample run of the program should look something like this:

Please enter your first name and last name, separated by a space?

You entered the name: Steve Henry

Your first name is Steve: has 5 characters

Your last name is Henry: has 5 characters

Your initials are: SH

In: Computer Science

Production Lines: The data shows the number of defective parts produced by two machines when the...

Production Lines: The data shows the number of defective parts produced by two machines when the factory used two different alloys as the raw material. At .05 significance level comment on the main effects and the interaction effect.

Alloy X Alloy Y
Machine 1 22 11
18 12
12 9
22 11
25 6
19 14
16 8
22 14
19 11
14 9
23 3
24 12
21 10
24 10
24 8
22 8
15 8
22 12
21 12
15 12
Machine 2 27 14
24 6
23 13
18 12
19 10
19 14
17 14
13 14
24 11
14 12
23 10
24 9
17 8
20 13
15 7
17 7
27 5
17 6
22 8
20 7

In: Statistics and Probability

Given that in 4 flips of a fair coin there are at least two "heads", what...

Given that in 4 flips of a fair coin there are at least two "heads", what is the probability that there are two "tails"? There are ten equally likely outcomes: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. You randomly select one value, call it the initial value. Then, you continue to randomly select values, call them follow-up selections, until you come up with the initial value. What is the fewest number of follow-up selections that insures that the probability is better than one-half that you will observe your initial value? (Note: this problem assumes values are selected "with replacement," which simply means that after each selection, there are still the same ten equally likely outcomes.)

In: Statistics and Probability