Consider the case of United Recycling Inc.:
United Recycling Inc. is one of the largest recyclers of glass and paper products in the United States. The company is looking into expanding into the cardboard recycling business. The company’s CFO has performed a detailed analysis of the proposed expansion.
The company’s CFO used sophisticated software to analyze a large number of scenarios and generate estimated rates of return and risk indexes.
Based on the information given, determine which of the statements is correct.
A. The company’s CFO conducted a sensitivity analysis to evaluate the project’s financial model.
B. The company’s CFO used a Monte Carlo simulation to evaluate the project’s financial model.
Evaluating risk is an important part of the capital budgeting process. Which of the following is measured by the variability of the project’s expected returns?
A. Market, or beta, risk
B. Stand-alone risk
C. Corporate, or within-firm, risk
_______________ is measured by the project’s impact on uncertainty regarding the firm’s future returns.
A. Market risk
B. Stand-alone risk
C. Corporate, or within-firm, risk
D. Risk-adjusted cost of capital
In: Finance
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals.
A random sample of 35 home theater systems has a mean price of $125.00. Assume the population standard deviation is $19.60
In: Statistics and Probability
Question: Analysis and Design Models: What's the Difference?
With the analysis phase behind us, reflect on the models built for the Theater project. How are they different from the models you plan on using during the design phase. Explain the differences in your own words. Next, find an article and/or video to share with the class on the subject.
In: Computer Science
Database:
Our AD is Movie Theater.
Create an ER diagram with the following entities: Staff, Ticket,
Movie, Session, Hall, Seat, Director, Actor, Distributor, and
Roles. AND also identify the type of relations
between the entities with notations and explain why you used
it.
**Read the question carefully before you answer**
In: Computer Science
In: Nursing
Ethics of Exporting Used Batteries
Lead is a highly toxic metal, and lead in this case relates to exporting used batteries to Mexico. Elevated levels of lead in the human body have been associated with damage to many organs and body tissues, including the heart, bones, intestines, kidneys, and reproductive and nervous systems. High lead exposure in young children is particularly worrying. It can result in lower intelligence and learning disabilities, impaired hearing, reduced attention span, hyperactivity, and antisocial behavior. It is not surprising then that exposure to lead has been highly regulated in developed nations. In the United States, the Environmental Protection Agency (EPA) has mandated tough rules designed to limit lead pollution. One consequence of these rules has been to increase the cost of recycling lead batteries. These rules, however, do not prohibit companies from exporting used batteries to other nations where standards are lower and enforcement is lax.
A study conducted by the reporters from the New York Times found that about 20 percent of used vehicle batteries and industrial batteries in the United States are exported to Mexico, tripling this form of export in just five years. The lead in these batteries is then extracted and resold on commodities markets. It is a booming business. Lead scrap prices stood at $0.73 a pound in July 2015, up from $0.05 a decade earlier. Recycling in Mexico is also a dirty business. While Mexico does have some regulations for smelting and recycling lead, the laws are weak by American standards, allowing plants to release about 20 times as much as their American equivalents. To make matters worse, enforcement is lax due to the lack of funds for quality control. For example, a government study in Mexico found that 19 out of 20 recycling plants did not have proper authorization for importing dangerous waste, including lead batteries.
At some recycling plants in Mexico, used batteries are dismantled by people wielding hammers and their lead smelted in furnaces whose smokestacks vent into the open air. Point in case, a sample of soil collected from a schoolyard next to one of the recycling plants showed a lead level of 2,000 parts per million, five times the limit for children’s play areas in the United States, as set by the EPA. The New York Times reporters documented several cases of children living close to this plant who had elevated levels of lead in their bodies. One four-month-old had 24.8 micrograms of lead per deciliter of blood, almost two and a half times as much as the level typically associated with serious mental retardation.
The value chain for used batteries and this form of lead exports is also done by intermediaries in the United States who buy up old batteries and then ship them across the border to the cheapest processors, typically a Mexican company. Some large multinationals are also in this business, however, although they mostly try to adhere to stricter standards and regulations. For example, one large U.S. battery company, Exide Technologies, has five recycling plants in the United States and it does no recycling in Mexico. According to an Exide official, it was not in the company’s best interest to skirt regulations. Another large U.S. battery manufacturer, Johnson Controls, does ship a significant number of batteries to Mexico, but it has its own recycling plants in Mexico as well. Johnson Controls states that its Mexican facilities abide by the stricter U.S. regulations, rather than the Mexican standards. Its recycling operations in Mexico are also well below current U.S. standards for employee blood levels and substantially better than average.
1.Which country’s regulations should apply to a company—the stricter regulations or the country’s regulations in which operations are taking place? What happens if all multinational corporations focus on countries with the least strict standards?
2. With more than 200 countries in the world, is it realistic to expect ethical guidelines to be established across all countries or even within industries across countries? Is one person’s or one company’s ethics likely to be similar to other people’s or companies’ ethics?
.
In: Operations Management
Write the pseudocode that prompts the user for their first and last name. Display the first initial of their first name and their last name to the user.
Ask the user to input a phone number.
The program checks which part of Colorado a phone number is from using the values below.
If the second digit of the phone number is one of the below digits, print the phone number and which part of Colorado it is from. If none of the digits are entered, display the phone number and state it is not in Colorado.
If the number is in Estes Park, the user should see: phone number + “is in Estes Park, it is time to go pick up your new Corgi puppy!”
If the second digit of a phone number is:
0 = Boulder
1 = Colorado Springs
2 = Denver
7 = Estes Park
In: Computer Science
Park Corporation is planning to issue bonds with a face value of $630,000 and a coupon rate of 7.5 percent. The bonds mature in 4 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.)
3. What bond payable amount will Park report on
its June 30 balance sheet? (Enter all amounts with a
positive sign.)
In: Accounting
A firm has won the bid to complete a renovation of a hotel and
you are to manage the labor to complete the job. The firm is
assigning two workers named Ben and Jerry. The floors and walls
must be redone and there are 60 hotel rooms to complete. The firm
is not receiving payment by the hour but by the job. The firm's
goal is to minimize time spent on this project. The table below
shows the time it takes to complete a single room which has two
aspects of the job.
Floors Walls
Ben 3 hours 4 hours
Jerry 2 hours 3 hours
How many hours would it take to complete the entire hotel if each
worker specialized in a task in which they had the comparative
advantage? Do not let time pass with idle workers.
In: Economics
A Bacon Factory is located in a small town. Also in the town is a Water Park. The smell of the Bacon factory has adversely affected the Water Park such that it has put in air cleaning equipment to eradicate the odor created by the factory. Please show your work..
The cost function of the Bacon Factory is:
CBF= B2 + 4B1/2 + (1 − x)2
where B denotes the quantity of bacon produced annually and x denotes the quantity of pollutants that A creates in a given year.
Thus, the Bacon Factory can limit production costs by eliminating its air scrubbers. However, the air pollution increases the costs for the water park W, whose cost function is:
CWP = W2 + 2x,
where W denotes the number of visitors to the Water Park on an annual basis. Suppose that the unit price of admission to the water park is $3 and that the unit price of bacon is $32.5 per unit.
A. Compute the profit maximizing quantity of the Bacon Factory (B) and pollutant (x) produced by Bacon Factory B (assuming B behaves competitively in the output market, i.e., taking the price of Bacon as $32.50). Also, compute the Bacon Factory’s (Firm B) profits.
B. Compute the profit maximizing visits (represented by W) created by Firm W (assuming W behaves competitively in the output market, i.e., taking the price of visits as given). Notice that W does not choose x. Also, compute W’s profits.
C . Suppose now that the two firms B and W merge, creating B&W. The management of B&W now maximizes B&W’s profits by appropriately choosing x, B, and W. Find the quantities of Bacon, Water Park Visits, and pollutants that the new firm produces. Also, find the profits of B&W.
In: Economics