McCormick & Company is considering a project that requires an initial investment of $24 million to build a new plant and purchase equipment. The investment will be depreciated as a modified accelerated cost recovery system (MACRS) seven-year class asset. The new plant will be built on some of the company's land, which has a current, after-tax market value of $4.3 million. The company will produce bulk units at a cost of $130 each and will sell them for $420 each. There are annual fixed costs of $500,000. Unit sales are expected to be $150,000 each year for the next six years, at which time the project will be abandoned. At that time, the plant and equipment is expected to be worth $8 million (before tax) and the land is expected to be worth $5.4 million (after tax).To supplement the production process, the company will need to purchase $1 million worth of inventory. That inventory will be depleted during the final year of the project. The company has $100 million of debt outstanding with a yield to maturity of 8 percent, and has $150 million of equity outstanding with a beta of 0.9. The expected market return is 13 percent, and the risk-free rate is 5 percent. The company's marginal tax rate is 40 percent.

Questions Below

5. What is the total operating cash flows, given the following operating cash flows:

Sales = 150,000 x $420 = $63,000,000

Costs = 150,000 x $130 + $500,000 = $20,000,000

6. Create an after-tax cash flow timeline.

7. What are the total expected cash flows at the end of year six? The $4.3 million is an opportunity cost and must be included at date zero as a cash outflow. If the project is accepted, however, the land can be sold in six years for $5.4 million.

Project Name: URLEncoder Target Platform: Console Programming Language: C# A Uniform Resource Identifier (URI) (Links to an external site.) is a string of characters designed for unambiguous identification of resources and extensibility via the URI scheme. The most common form of URI is the Uniform Resource Locator (URL) (Links to an external site.), frequently referred to informally as a web address. A user has a need to generate URLs for files they are storing on a server. The purpose of this program is to generate the URL string so the user doesn’t have to type it out. The program asks the user for several pieces of information and then uses it to generate the URL string and presents it in the Console where the user can copy it. This is being done so the user doesn’t have to type out the URL and helps avoid mistakes from typing and from the use of invalid characters in a URL. The following is the format for a URL that is to be generated by the program. https://companyserver.com/content/[project_name]/files/[activity_name]/[activity_name]Report.pdf (Links to an external site.) The [project_name] and [activity_name] are placeholders for pieces of information that go in the string. The [ ] do not get included in the string. They surround an identifier for the piece of information and are not part of the content. So, if [project_name] is “DesignLab” and [activity_name] is “Furnishings” then the URL is to be https://companyserver.com/content/DesignLab/files/Furnishings/FurnishingsReport.pdf (Links to an external site.) There are a couple of rules that have to be adhered to when creating URLs. No spaces are allowed in URLs. So, if [project_name] is “Design Lab” it can’t be included as-is in the URL. Spaces in URLs must be replaced with “%20”. The URL can contain “Design%20Lab”. If a space is present in the user input it must be converted to “%20”. Note: spaces can also be replaced with a +, but for this assignment spaces are to be converted to “%20”. In addition to spaces, there are other characters that may not be placed in URLs. The HTML URL Encoding Reference (Links to an external site.) from w3schools shows how characters that aren’t allowed in a URL can be converted to a %[number] value that can be in the URL. control characters: these are ASCII coded characters 00–1F and 7F hexadecimal delimiter characters: < > # % and " If a control character appears in the content provided by the user, the user is to be given feedback that the input is invalid because it contains a control character and they are to be asked to provide a different input. If a delimiter appears in the content provided by the user, the delimiter character is to be converted into its %[number] URL encoded format. For example, < is to be encoded as “%3C” and > is to be encoded as “%3E”. The values for the other characters can be found in the documentation provided above. There are some other characters that are reserved for use in some parts of the URL. They may not be allowed in one part of the URL even if they are allowed in other parts. These characters are also to be converted to their URL encoded format using %[number]. The following characters are reserved within a query component, have special meaning within a URL, and are to be converted. ; / ? : @ & = + $ , The following list of characters are not disallowed, but they may cause problems. They should also be converted to their URL encoded format. { } | \ ^ [ ] ` The following is an example to illustrate the application of the rules. Project Name: Design Lab Activity Name: Network>Implementation Result URL: https://companyserver.com/content/Design%20Lab/files/Network%3EImplementation/Network%3EImplementationReport.pdf (Links to an external site.) Your application, when run, is to prompt the user for the Project Name and the Activity Name. If the input is invalid, the user should be re-prompted for the input with a feedback message. After the input is successfully received, the URL string is to be created based on the rules above and presented to the user in the Console. After the URL is presented, the user is to be prompted if they want to create another URL. If they do, prompt them again for input. If not, exit the program. Please do in visual studios 2019.

Aggie Power Generation supplies electrical power to residential customers for many U.S. cities. Its main power generation plants are located in Los Angeles, Tulsa, and Seattle. The following table shows Aggie Power Generation's major residential markets, the annual demand in each market (in megawatts or MW), and the cost to supply electricity to each market from each power generation plant (in $/MW).

(a)

If there are no restrictions on the amount of power that can be supplied by any of the power plants, what is the optimal solution to this problem?

(i)

Which cities should be supplied by which power plants? (Enter your optimal solution as a comma-separated list of ordered triples for the amount of power each power plant supplies to each city. Report electrical power in MW.)

(L1, T1, S1), (L2, T2, S2), …, (L10, T10, S10) =  

(ii)

What is the total annual power distribution cost for this solution? (Round your answer to the nearest whole dollar.)

$

(b)

If at most 4,000 MW of power can be supplied by any one of the power plants, what is the optimal solution? (Enter your optimal solution as a comma-separated list of ordered triples for the amount of power each power plant supplies to each city. Report electrical power in MW. Round your answers to two decimal places.)

(L1, T1, S1), (L2, T2, S2), …, (L10, T10, S10) =  

What is the annual increase in power distribution cost that results from adding these constraints to the original formulation? (Round your answer to the nearest whole dollar.)

$

Jones Souvenirs Hut does customized, hand-crafted memorabilia for hotels, in which each batch of souvenirs is a job. The company uses a perpetual inventory system and has a highly labour-intensive production process, so it assigns manufacturing overhead based on direct labour cost. Joust’s predetermined overhead rate for 2017 was computed from the following data:

Total estimated factory overhead $2,400,000

Total estimated direct labour cost $2,000,000

The WIP account given below relates to the activities of Jones Souvenirs for the month of April:

WIP Inventory A/C

DR April1 Bal. $15,000 Cr. To finished Goods ?

DR Direct Materials Used $123,000

DR Direct Incurred ?

Manufacturing Overhead applied ?

IAdditional data:

? Total material requisitioned ……………………………………$153,000

? Manufacturing Labour Costs incurred………………………$163,500 (75% represents direct labour)

? Other manufacturing overheads incurred ………………… $94,275

? Two jobs were completed with total costs of $183,000 and $105,000 respectively. They were sold to the hotel on account at a margin of 33 1/3% on sales.

Required:

(a) Compute Jones Souvenirs predetermined manufacturing overhead rate for 2017.

(b) State the journal entries necessary to record the following transactions in the general journal.

(i) Total materials issued to production

(ii) Assign manufacturing labour to the appropriate accounts

(iii) Other manufacturing overhead incurred

(iv) Manufacturing overhead applied to production

(v) Move completed jobs to finished goods (vi)Account for jobs completed and sold

(c) Post the manufacturing overhead transactions to the Manufacturing Overhead T-account. What is the balance on the account before performing end of period closing entries? Is manufacturing overhead under- or over- absorbed? State the journal entries necessary to dispose of the variance. Assume that the manufacturing overhead variance is immaterial.

(d) What is the balance in the Cost of Goods Sold account after the adjustment?

(e) Compute Jones Souvenirs gross profit earned on the jobs, after adjusting for the manufacturing overhead variance.

(f) Determine the balance in Work in Process Inventory on April 30

Jones Souvenirs Hut does customized, hand-crafted memorabilia for hotels, in which each batch of souvenirs is a job. The company uses a perpetual inventory system and has a highly labour-intensive production process, so it assigns manufacturing overhead based on direct labour cost. Joust’s predetermined overhead rate for 2017 was computed from the following data:

Total estimated factory overhead $2,400,000

Total estimated direct labour cost $2,000,000

The WIP account given below relates to the activities of Jones Souvenirs for the month of April:

WIP Inventory A/C

Additional data:

? Total material requisitioned …………………………………… $153,000

? Manufacturing Labour Costs incurred……………………… $163,500  (75% represents direct labour)

? Other manufacturing overheads incurred ………………… $94,275

? Two jobs were completed with total costs of $183,000 and $105,000 respectively. They were sold to the hotel on account at a margin of 33 1/3% on sales.

Required:

(a) Compute Jones Souvenirs predetermined manufacturing overhead rate for 2017.

(b) State the journal entries necessary to record the following transactions in the general journal.

(i) Total materials issued to production

(ii) Assign manufacturing labour to the appropriate accounts

(iii) Other manufacturing overhead incurred

(iv) Manufacturing overhead applied to production

(v) Move completed jobs to finished goods

(vi)Account for jobs completed and sold

(c) Post the manufacturing overhead transactions to the Manufacturing Overhead T-account. What is the balance on the account before performing end of period closing entries? Is manufacturing overhead under- or over- absorbed? State the journal entries necessary to dispose of the variance. Assume that the manufacturing overhead variance is immaterial.

(d) What is the balance in the Cost of Goods Sold account after the adjustment?

(e) Compute Jones Souvenirs gross profit earned on the jobs, after adjusting for the manufacturing overhead variance.

(f) Determine the balance in Work in Process Inventory on April 30

You are a marketing manager for apple and decision has been made that they will begin selling custom-built premium gaming device. Briefly describe the likely target market, marketing mix (4P's) elements for this product and include details on the content of each P. Integrate your answer how you would position that product and describe how you would use social media in an integrated marketing communications strategy. Also, answer what conditions uncovered from a PEST analysis would lead apple to pursue developing and marketing this product.

Needs to be 3-4 Paragraphs.

Graduate level Finance Class:

Questions:

1) What is the purpose of the capital market? How do the capital market securities differ from money market securities in their general characteristics?

2) Using the Gordon growth model, explain why the 2001 terrorist attacks and the Enron financial scandal caused stock prices to decline.

3) Describe the sequence of events in a financial crisis and explain why they can cause economic activity to decline

Please help me formulate original reply to the below questions so that I may built on the platform with own additional material. Thank you!

1) How does the formation of a plasma core lead to nuclear fusion in a star? Why is hydrogen the first element to fuse?

2) What is the last element to fuse in a low mass star? What element has built up around the core but does not fuse? What type of object does a low mass star become to end its life cycle?

3) What element builds up around the core of a high mass star but does not fuse? Why does this lead to a massive explosion?

4) What is electron degeneracy and neutron degeneracy? When are they important in the evolution of stars?

Willingham Construction is in the business of building high-priced, custom, single-family homes. The company, headquartered in Anaheim, California, operates throughout the Southern California area. The construction period for the average home built by Willingham is six months, although some homes have taken as long as nine months.

You have just been hired by Willingham as the assistant controller and one of your first tasks is to evaluate the company’s revenue recognition policy. The company presently recognizes revenue upon completion for all of its projects and management is now considering whether revenue recognition over time is appropriate.

1. The ultimate BOD of a river just below a sewage outfall is 55.0 mg/L, and the DO is at a saturation value of 12.0 mg/L. The deoxygenation rate coefficient kd is 0.30/day, and the reaction rate coefficient kr is 0.90/day. The river is flowing at the speed if 52.0 miles per day. The only source of BOD on this river is this single outfall.

   1. Find the critical distance downstream at which DO is a minimum.

   2. Find the minimum DO.

   3. If a wastewater treatment plant is to be built, what fraction of the BOD would have

      to be removed from the sewage to assure a minimum of 5.0 mg/L everywhere

      downstream?