Problem Scenario: A visit to the eye doctor! It is the time of the year when your family makes the annual visit to the eye doctor. In preparation you and your parents are writing down the specific issues you are facing with your eyes. None of you currently wear glasses. One of your parents says that they have been having trouble lately reading the newspaper. They can only see the newspaper clearly when it is at least dn = 50 cm from their eyes. But, they can comfortably see cars that are quite far away on the road. Your other parent says that they are also having trouble reading the newspaper and can read it if it is a similar distance dn = 50 cm away. However, they are also having trouble watching farther out: they can only clearly see stuff that is at most df = 2 m away. You say that you have not had trouble reading anything close to your eyes (about 25 cm away) but you are having trouble watching out for cars that are farther than df = 2 m away. You being the physicist in the family decide to follow the scientific method and figure out what type of lenses your optometrist would prescribe. You ask your parents whether they have a preference for glasses or contact lenses. You figure out the following preferences for your family: • You prefer contact lenses • Parent 1 (can not see close by, but can see far away) say that they prefer glasses that must must be placed d, = 2 cm from their eyes • Parent 2 can not see near or far) also wants glasses which must must be placed dy = 2 cm from their eyes With the above information you set out to find the power of each lens your eye doctor will probably) prescribe.

With the scenario: answer the following questions bellow

Your final report MUST include discussions of and answers to the following questions: 1). A clear ray diagram for each part of the scenario: you, parent 1, parent 2; eye only, eye + corrective lens, corrective lens only. Clearly mark the position of the object and the image. 2). Predict the power of each corrective lens required to fix the problem for you, parent 1, parent 2.

The unemployments number of US for 2019 is 3.7%, and for the year 2010 is 9.7%

explain why we observe such a contrast.

ABC Company has the following asset on its books: Using the double declining balance depreciation method, what is the depreciation expense in years 1 through 4.

                                Truck cost                             31,000

                                Salvage value                       1,000

                                Estimated life in years             4

                                Estimated life in miles      100,000

                                Miles driven in years 1 = 25,000, year 2 = 20,000, year 3 = 33,000, year 4 = 24,000

Question 9 options:

G, a calendar year taxpayer, purchased $1,496,000 of equipment on March 23, its only purchase for the year. If the equipment is 7-year property, how much are first and second year MACRS depreciation? Assume Section 179 and bonus do not apply.

Group of answer choices

First year $213,778; second year $366,370

First year $213,778; second year $183,185

First year $106,889; second year $340,193

First year $106,889; second year $366,370

You have purchased a multi-tenant office building for $15,000,000. Your acquisition costs associated with this purchase are $25,000. The estimated land value is $3,000,000, of which you estimate the depreciable land portion at $1,000,000. You estimate the 7-year property at a value of $2,000,000. You have arranged a 70% LTV, 7-year mortgage at a 5.25% interest rate with 2 points and a 25 year amortization period. Your projected NOI in the next two years is $1,200,000 and 1,250,000 which includes projected CAPEX (above line) of $100,000 and $102,000. Your marginal tax rate is 43.4%.

What is your debt service for Year 1 and Year 2?

What is your BTCF for Year 1 and Year 2?

What is your interest expense for Year 1 and Year 2?

What is your land depreciation for Year 1 and Year 2?

What is your 7-year depreciation for Year 1 and Year 2?

What is your building depreciation for Year 1 and Year 2?

What is your amortized finance cost for Year 1 and Year 2?

What is your taxable income for Year 1 and Year 2?

What is your tax due for Year 1 and Year 2?

What is your ATCF for Year 1 and Year 2?

Cash to Monthly Cash Expenses Ratio Action Therapeutics, Inc., reported the following financial data (in thousands) for the years ending December 31, Year 3, Year 2, and Year 1. For Years Ending December 31 Year 3 Year 2 Year 1 Cash and cash equivalents $30,600 $17,040 $10,200 Net cash flows from operations (40,800) (28,800) (24,000) a. Determine the monthly cash expenses for Year 3, Year 2, and Year 1 (in thousands). Year 3: $ per month Year 2: $ per month Year 1: $ per month b. Determine the ratio of cash to monthly cash expenses as of December 31, Year 3, Year 2, and Year 1. Round to one decimal place. Year 3: months Year 2: months Year 1: months c. Since Year 1, Action Therapeutics, Inc.'s monthly cash expenses have . Based on cash at the end of year three the company will run out of cash in about unless it changes its operations or raises additional financing.

For the given quarterly sales data, a) calculate seasonal indices for each quarter, b) the year 4 annual forecast based on a linear regression trend forecasting method, c) the seasonally adjusted trend based quarterly forecasts for that 4th year, d) the year 4 annual forecast based on the Naive forecasting method, and e) the seasonally adjusted Naive based quarterly forecast for that 4th year.

a) Seasonal indices: Q1   ; Q2   ; Q3  ; Q4  

b) Year 4 forecast, trend based: Year 4  

c) Seasonally adjusted trend forecast, year 4: Year 4 Q1   ; Year 4 Q2   ; Year 4 Q3   ; Year 4 Q5  

d) Year 4 forecast, Naive based: Year 4  

e) Seasonally adjusted Naive forecast, year 4: Year 4 Q1   ; Year 4 Q2   ; Year 4 Q3   ; Year 4 Q5  

Compute the IRR, NPV, PI, and payback period for the following two projects. Assume the required return is 12%.

Cashflow for each year

Project A : Year 0= -2500 Year 1=900 Yaer 2=800 Year 3=1600 Year 4=100 Yaer 5=50 Year 6= 300

Project B Year 0 =-2500 Year 1=50 Year2= 600 Year 3=150 Year 4=900 Year 5= 500 Year 6=2500

Problem 9-4
Comparison of Depreciation Methods

Italian Construction Company purchased a new crane for $360,500 at the beginning of year 1. The crane has an estimated residual value of $35,000 and an estimated useful life of six years. The crane is expected to last 10,000 hours. It was used 1,800 hours in year 1; 2,000 hours in year 2; 2,500 hours in year 3; 1,500 hours in year 4; 1,200 hours in year 5; and 1,000 hours in year 6.

1. Compute the annual depreciation and carrying value for the new crane for each of the six years under each of the following methods. When calculating the rate for double-declining-balance, round the percentage to two decimal places, like 16.67% or 33.33%. Round your answers to the nearest whole dollar.

a. Straight-line:

b. Production:

c. Double-declining-balance:

2. If the crane is sold for $250,000 after year 3, what would be the amount of gain or loss under each method?