Question 1:

Broussard Skateboard's sales are expected to increase by 15% from $8.8 million in 2016 to $10.12 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 70%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar.
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Assume that an otherwise identical firm had $6 million in total assets at the end of 2016. Broussard's capital intensity ratio (A₀*/S₀) is higher than / lower than / equal to than the otherwise identical firm; therefore, Broussard is less / more / the same capital intensive - it would require smaller /  larger / the same increase in total assets to support the increase in sales.

Question 2:

Broussard Skateboard's sales are expected to increase by 25% from $7.8 million in 2016 to $9.75 million in 2017. Its assets totaled $2 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 55%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.

Required information

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On October 29, 2016, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor. When a razor is returned, the company discards it and mails a new one from Merchandise Inventory to the customer. The company’s cost per new razor is $20 and its retail selling price is $75 in both 2016 and 2017. The manufacturer has advised the company to expect warranty costs to equal 8% of dollar sales. The following transactions and events occurred.

2016

2017

1.1 Prepare journal entries to record above transactions and adjustments for 2016.

1.2 How much warranty expense is reported for November 2016 and for December 2016?

  1.3 How much warranty expense is reported for January 2017?

1.4 What is the balance of the Estimated Warranty Liability account as of December 31, 2016?

1.5  What is the balance of the Estimated Warranty Liability account as of January 31, 2017?

Navajo Company’s financial statements show the following. The company recently discovered that in making physical counts of inventory, it had made the following errors: Inventory on December 31, 2016, is understated by $56,000, and inventory on December 31, 2017, is overstated by $26,000.

1. For each key financial statement figure—(a), (b), (c), and (d) below—prepare a table to show the adjustments necessary to correct the reported amounts. (Amounts to be deducted must be entered with a minus sign.)

2. What is the error in total net income for the combined three-year period resulting from the inventory errors?

Suncor Energy Inc. (SU) shares are listed on the New York Stock Exchange. At 9:30 a.m. on January 14, 2016, these shares sold for $21.85 per share. The volatility on the returns of Suncor shares is approximately 24%. The following call and put option contracts were available for the months of January, February, and March:

Each option contract involves 100 shares. The risk-free rates for these three expiration dates are 0.6%, 1%, and 1.2%. All three rates are continuously compounded.  

Given the information on Suncor shares and options above, construct a protective put using the 23-put with February expiration. Hold the protective put position until expiration.

a.       Write out the payoff and profit function.                                          

b.       Use a table to show the payoffs and profits when the put option expires in-the-money and out-of-the-money.    

c.       Calculate the potential profits for this protective put, using share prices ranging from 0 to 26. Plot a graph of these potential profits, with share prices on the x-axis, and profits on the y-axis. (Hint: It may be easier to do this in an Excel spreadsheet.)                                                                                                                             

d.       What is the breakeven share price at expiration for this protective put?      (1 mark)

e.       What is the maximum profit and maximum loss on this protective put?     (1 mark)

Performance Tires plans to engage in direct mail advertising. It is currently in negotiations to purchase a mailing list of the names of people who bought sports cars within the last three years. The owner of the mailing list claims that sales generated by contacting names on the list will more than pay for the cost of using the list. (Typically, a company will not sell its list of contacts, but rather provides the mailing services. For example, the owner of the list would handle addressing and mailing catalogs.)

Before it is willing to pay the asking price of $3 per name, the company obtains a sample of 225 names and addresses from the list in order to run a small experiment. It sends a promotional mailing to each of these customers. The data for this exercise show the gross dollar value of the orders produced by this experimental mailing. The company makes a profit of 20% of the gross dollar value of a sale. For example, an order for $100 produces $20 in profit.

Should the company agree to the asking price?

this is one part of the question i am stuck on the other 3 parts i did already

How is the certainty of your decision dependent on the number of names in the sample list? How would, for example, doubling the number of sample names change the certainty of your decision?

1. Compare and contrast the fields of clinical psychology and counseling psychology. Describe each specialization. In what ways are they similar? In what ways do they differ? Include three similarities and three differences in your answer.

2. When psychologists conduct scientific studies, they have one of three goals: to describe, to correlate, or to experiment. Describe each goal, including how they differ from one another.

3. You're sitting in the theater watching a movie when the fire alarm goes off. You jump and get out of your seat to leave the theater, but the alarm stops and an announcement is made that the alarm was unintentional and there is no emergency. You calm down and go back to enjoying your movie.

Name and explain the roles of the divisions of the autonomic nervous system in your responses.

4. Explain two ways in which the left and right hemispheres of the cerebrum differ in function.

5. Define and differentiate between sensation and perception. Use an example to illustrate your descriptions. Be sure to use the term that describes the conversion of environmental energy into neural signals.

6. Define and differentiate between bottom-up and top-down processing. Give an example of each in a single sensory experience.

Python Programming Question

1. Implement the median-of-three method for selecting a pivot value as a modification to quickSort (name this function

mo3_quickSort). Prepare test cases for your mo3_quickSort .function

QuickSort function:

def quickSort(alist):
quickSortHelper(alist,0,len(alist)-1)

def quickSortHelper(alist,first,last):
if first

splitpoint = partition(alist,first,last)

quickSortHelper(alist,first,splitpoint-1)
quickSortHelper(alist,splitpoint+1,last)

def partition(alist,first,last):
pivotvalue = alist[first]

leftmark = first+1
rightmark = last

done = False
while not done:

while leftmark <= rightmark and alist[leftmark] <= pivotvalue:
leftmark = leftmark + 1

while alist[rightmark] >= pivotvalue and rightmark >= leftmark:
rightmark = rightmark -1

if rightmark < leftmark:
done = True
else:
temp = alist[leftmark]
alist[leftmark] = alist[rightmark]
alist[rightmark] = temp

temp = alist[first]
alist[first] = alist[rightmark]
alist[rightmark] = temp

return rightmark

alist = [54,26,93,17,77,31,44,55,20]
quickSort(alist)
print(alist)

2. Prepare and run an experiment to verify the following hypothesis.

Canonic quickSort is as fast as mo3_quickSort when processing large lists of unsorted integers.

Write a C# console program that continually asks the user "Do you want to enter a name (Y/N)? ". Use a "while" loop to accomplish this. As long as the user enters either an upper or lowercase 'Y', then prompt to the screen "Enter First and Last Name: " and then get keyboard input of the name. After entering the name, display the name to the screen.

Write a C# console program that continually asks the user "Do you want to enter a name (Y/N)? ". Use a "while" loop to accomplish this. As long as the user enters either an upper or lowercase 'Y', then prompt to the screen "Enter First and Last Name: " and then get keyboard input of the name. After entering the name, display the name to the screen.

Write a program called listful.py, in which the user inputs names, which get added to a list. Your program should:

· Include a comment in the first line with your name.

· Include comments describing each major section of code.

· Create a list.

· Ask the user to input a first name or hit enter to end the list.

· If the user adds a first name (i.e., anything other than a blank value):

o Add the name to the list.

o Tell the user that they’ve added [name] to the list (where [name] is the name that just got added).

o Ask the user (again) to input a first name — and keep asking until the user hits enter without adding another name (i.e., enters a blank value).

· Once the user enters a blank value:

o Tell the user how many names they added to the list.

o Using a for-loop, output all the names that are in the list, using a separate line for each name.

o Do not include the blank value in the list!