Questions
Cost Benefit Analysis over 10 years Do a cost benefit analysis to decide wheteher to switch...

Cost Benefit Analysis over 10 years

Do a cost benefit analysis to decide wheteher to switch from a gas car to an electric car.

HINT: Make cash flow table for 10 years reflecting the total savings of switching from gas car to electric car

The government is offering an incentive of $11,000 for trading your gas car in and buying an electric vehicle

Assume that cost of gas will increase by 5% each year

You must include NPV and IRR for both comparisons in excel AND make a reccommendation

Interest rate = 4.50%

(you are free to make any other assumtions or rates you make, but be sure to clearly list them)

Electric Vehicle Gas Car
Cost of Electric Car € 15,000
Electricity cost per kWh € 0.125 cost of fuel per gallon € 4.16
EV electricity consumption - kWh per mile .483kWh/m mpg 28.6
eFuel Cost / mile € 0.06 Gas Cost / mile € 0.15
# of miles driven per year 8,500 # of miles driven per year 8,500
Total Fuel Costs / yr € 513.19 Total Fuel Costs / yr € 1,236.36
Maintenance Costs € 485.00 Maintenance Costs € 1,500.00
Total Cost / yr € 998.19 Total Cost / yr / car € 2,736.36

In: Finance

Case 1: Shake Shack When famed fine-dining restaurateur Danny Meyer opened a hot dog cart in...

Case 1: Shake Shack

When famed fine-dining restaurateur Danny Meyer opened a hot dog cart in New York City’s Madison Square Park in 2001, the venture drew legions of customers curious to experience Meyer’s take on all-American street food. The curious became the committed and Meyer’s little experiment acquired a permanent structure in the park – the Shake Shack. The Shack regularly drew long lines, leading Meyer to build a company around the concept. In a few years, Shake Shack expanded to a chain of burger restaurants in the United States and licensed outlets internationally.

Meyer sought to differentiate Shake Shack from the long tradition of burger joints and chains that dotted the American landscape. First, Shake Shack was committed to high quality ingredients and efficient operations in each of its eateries. Secondly, the company selected high traffic locations and designed each outlet to fit into its chosen locale. Finally, Meyer wanted Shake Shack employees to create culture of hospitality that welcomed each customer as if Shake Shack was a fine-dining establishment, rather than a burger joint. As of 2015, the formula seemed to be working. Shake Shacks developed a devoted fan base in each of their locations. New Shake Shack locations were greeted by enthusiastic fans who cheered the opening of the operations in their neighborhoods. But the fine casual dining market space in which Shake Shack was operating was becoming increasingly crowded. Competition was fierce among the various chains and concepts. Could Shake Shack hold its own against this legion of rivals?

At least initially, investors seemed to believe that Shake Shack could. The company went public on January 30, 2015 with shares listed on the New York Stock Exchange (NYSE). Opening day investors bid up the $21 per share offering price by 118% to reach $45.90 at closing bell. By the end of May, investors were paying $92.86 per share. But observers wondered if this price represented a realistic valuation of the enterprise.

Questions :

What do you think major succeed factors helped Shake Shack to grow rapidly?
Explain in depth the international strategy that used by Shake Shack?
Total: 400 words.

In: Operations Management

Pratt is ready to graduate and leave College Park. His future employer (Ferndale Corp.) offers the...

Pratt is ready to graduate and leave College Park. His future employer (Ferndale Corp.) offers the following four compensation packages from which Pratt may choose. Pratt will start working for Ferndale on January 1, year 1.

  

Benefit Description Option 1 Option 2 Option 3 Option 4
Salary $ 60,000 $ 50,000 $ 45,000 $ 45,000
Health insurance No coverage $ 5,000 $ 5,000 $ 5,000
Restricted stock 0 0 1,000 shares 0
NQO's 0 0 0 100 options

Assume that the restricted stock is 1,000 shares that trade at $5 per share on the grant date (January 1, year 1) and are expected to be worth $10 per share on the vesting date at the end of year 1 and that no 83(b) election is made. Assume that the NQOs (100 options that each allow the employee to purchase 10 shares at $5 exercise price). The stock trades at $5 per share on the grant date (January 1, year 1) and is expected to be worth $10 per share on the vesting date at the end of year 1 and that the options are exercised and sold at the end of the year. Also assume that Pratt spends on average $3,000 on health-related costs that would be covered by insurance if he has coverage. Assume that Pratt's marginal tax rate is 35 percent. Assume that Pratt spends $3,000 in after-tax dollars for health expenses when he doesn't have health insurance coverage (treat this as an outflow), and that there is no effect when he has health insurance coverage. (Ignore FICA taxes and the time value of money considerations).

Required:

  1. What is the after-tax value of each compensation package for year 1?
  2. If Pratt’s sole consideration is maximizing after-tax value for year 1, which scheme should he select?

In: Accounting

In an amusement park ride called The Roundup, passengers stand inside a 19.0 m -diameter rotating...

In an amusement park ride called The Roundup, passengers stand inside a 19.0 m -diameter rotating ring. After the ring has acquired sufficient speed, it tilts into a vertical plane

a)Suppose the ring rotates once every 4.50 s . If a rider's mass is 55.0 kg , with how much force does the ring push on her at the top of the ride?

b)Suppose the ring rotates once every 4.50 s . If a rider's mass is 55.0 kg , with how much force does the ring push on her at the bottom of the ride?

c)What is the longest rotation period of the wheel that will prevent the riders from falling off at the top?

In: Physics

Mercer Corporation acquired $400,000 of Park Company’s bonds on June 30, 2018, for $409,991.12. The bonds...

Mercer Corporation acquired $400,000 of Park Company’s bonds on June 30, 2018, for $409,991.12. The bonds carry a 12% stated interest rate and pay interest semiannually on June 30 and December 31. The appropriate market interest rate is 11%, and the bonds are due June 30, 2021.

Required:

1. Prepare an investment interest income and premium amortization schedule, using the:
a. straight-line method
b. effective interest method
2. Prepare journal entries to record the December 31, 2018, and December 31, 2020, interest receipts using both methods.

In: Accounting

Jen is jogging in a park when she finds a stray dog. She puts up signs...

Jen is jogging in a park when she finds a stray dog. She puts up signs looking for the dog’s owner. Mark notices the sign while out looking for his missing dog and calls Jen. When Mark picks up his dog from Jen, he offers her $200 for finding his dog and keeping the dog safe. Jen turns down the money. Three days later, Jen’s car breaks down and the repairs will be costly. Jen calls Mark and request the $200 he had offered. Mark refuses to pay the money. Jen sues for breach of contract. How should the court rule?

In: Finance

I was walking my dog Baroness in the park yesterday. She’s really sweet and I wanted...

I was walking my dog Baroness in the park yesterday. She’s really sweet and I wanted to get a picture of her – a really detailed picture of her – so I set the shutter speed to 1/250th of a second. I noticed that an f/stop setting of 2.8 gave me a really nice picture of her - that is to say, the exposure (the amount of light) was really good. BUT I noticed that the tree behind her and the pond weren’t in focus and I really wanted to see all of it. So I decided change the settings so that Bear and the scenery were in focus. What settings should I change on my camera?

-. And in what direction?

. Later we were tossing football in a big grassy area. She’s a great receiver – Air Bud has nothing on her. I told her to “go long” up the sideline and she took off running. I was thinking about how to get a good picture of her when she was moving so fast. As she ran back past me I set my shutter speed to 1/1000th of a second in order to get a good shot of her. What should I set my f/stop setting to in order to have the same total exposure? (original settings are in bold)

f-stop     1, 1.4, 2, 2.8, 4, 5.6, 8, 11, 16, 22, 32

shutter    1/15, 1/30, 1/60, 1/125, 1/250, 1/500, 1/1000

In: Physics

Mercer Corporation acquired $400,000 of Park Company’s bonds on June 30, 2018, for $409,991.12. The bonds...

Mercer Corporation acquired $400,000 of Park Company’s bonds on June 30, 2018, for $409,991.12. The bonds carry a 12% stated interest rate and pay interest semiannually on June 30 and December 31. The appropriate market interest rate is 11%, and the bonds are due June 30, 2021.

Required: 1. Prepare an investment interest income and premium amortization schedule, using the:

a. straight-line method

b. effective interest method

2. Prepare journal entries to record the December 31, 2018, and December 31, 2020, interest receipts using both methods.

In: Accounting

At a company picnic held at an out-of-town park, a co-worker’s child falls off the monkey...

At a company picnic held at an out-of-town park, a co-worker’s child falls off the monkey bars. Based on the bruising and slight change in shape of her forearm, you suspect a fracture. The parents give permission for you to give first aid care, but they insist on transporting her to advanced care themselves. You search for materials in your environment to use for splinting her injury.

What material could you use to splint the child's arm?

What parts of the arm must be immobilized?

Describe how you would apply the splint.

In: Nursing

Alex is driving down Park Avenue on her way to meet friends for dinner. She receives...

Alex is driving down Park Avenue on her way to meet friends for dinner. She receives a text message, with a change in the evening’s plans from a sushi bar to a pizza place. Upset about the switch from sushi to pizza, Alex focuses on her phone, taking her hands off the wheel and her eyes off the road as she explores alternative restaurant menus in the group text. Alex’s car slams into Robert’s car in front of her, causing Robert’s car to veer off the road into the center median. Robert’s head hits the windshield and he sustains a concussion. Robert’s car hits a trash can. The force of the impact causes the trash can to shatter, sending the trash can fragments flying. Lily, window shopping a quarter of a mile away, is hit by the flying debris and falls, breaking her arm on the icy sidewalk. Robert sues Alex, and Lily also sues Alex. Judgment for whom in each case?

In: Accounting