Given conditions, complete the wage calculation

Craft-Mason
Wage rate-$26.00 per hour
Hours worked-50 hours per week for 18 weeks and 40 hours per week for 19 weeks
Paid vacation, holidays, and sick leave-Three weeks at 40 hours per week Overtirne-Time-and-a-halffor any hours over 40 per week
Gas allowance-$100 per month
Annual bonus-$500
Social security-6.2 percent on the first $106,800 of wages Medicare-lAS percent ofallwages
FUTA-0.8 percent on the first $7,000 of wages
SUTA--4.5 percent on the first $18,000 ofwages
Worker 's compensation insurance-$7.25 per $100.00 of wages
General liabili ty insurance-O.75 percent of wages Health insurance (company's portion)-$300 per month per
employee Retirem ent-$0.75 per $1.00 contributed by the employee on.
6 percent of the employee's wages

1.Jared and Laura have renter’s insurance with a $500 deductible and a $20,000 coverage limit. Unfortunately, a fire destroys their apartment, requiring them to stay in a hotel for $100 a night for 10 nights. In addition, they lost $7,000 worth of property. How much will their renter’s insurance pay?

A.$7,500.

B.$7,000.

C.$6,500.

D.$8,000.

2. Jason, age 49, recently used $10,000 from his IRA to purchase his first home. Which of the following applies?

A.Jason will have to pay taxes and a penalty for taking a distribution from his account before age 59½.

B.Jason will not have to pay taxes nor a penalty since he is withdrawing money from his own IRA.

C.Jason will incur a 10% penalty for taking a distribution before age 50½, but he will not have to pay income taxes since he is a first-time homebuyer.

D.Jason will have to pay taxes on his distribution, but he will not incur an additional 10% penalty since he is a first-time homebuyer.

Dr. Paddock is a counseling psychologist who is interested in decreasing adjustment issues in first-year college students. She is curious if having students create collages of their first few weeks of school and then mailing them home will help students feel they have integrated their new life with their old and, as a result, will help them feel less homesick. She samples a group of 100 incoming college freshmen at her university and measures how homesick they are during the first week of school. During Week 4 of school, she has them make the collage and send it home. During Week 7 of school, she measures their homesickness again. She notices a significant reduction in the amount of homesickness from the pretest to the posttest and concludes that her treatment is effective.

Name two threats to internal validity that are likely to be present in Dr. Paddock’s study, given her particular design. What other explanation do these threats provide for the results found by Dr. Paddock?

In the 2016 Summer Olympics in Rio, there were eight runners in the final of the men's 100 meter dash. How many possible outcomes could we have seen on the podium?

(The podium honors the first three finishers in an ORDERED fashion. The first-place finishers gets the gold medal, second-place finisher gets the silver medal, and the third-place finisher gets the bronze medal.)

How many possible outcomes could we have seen on the podium that didn't include either of the two Americans? Remember the podium represents an ORDERED finish.

What is the probability that both of the American runners medalled? (To medal means to finish in the top three)

**Calculate under the assumption that order doesn't matter for this calculation.

How many possible outcomes could we have seen on the podium if we know that a runner from Jamaica finished first, a runner from America finished second, and a runner from neither Jamaica nor America finished third?

You want to determine whether the following four suggestions (i.e., e, f, g, h) would improve the company’s performance. Determine the effects of each suggestion on operating income, contribution margin per unit, contribution margin percentage, breakeven point in units, and breakeven point in sales dollars.

Calculate the effects of each suggestion independently of the other suggestions. In other words, use the original baseline case data and make the first change (e); use the original baseline case data and make the second change (f); and so on. However, do not overwrite the original baseline case. The easiest way to do this is to copy the original data to a new sheet and then replace the original data parameters. To copy a sheet, click on the sheet name. Select “Move or Copy.” Click on the “Create a copy” box. Click OK. Rename your new sheet to indicate the name of the new scenario. For example, you could name the sheet for (e) ‘Commission.’ To rename a sheet, right click on the sheet name. Select “Rename.” Key in the new name.

E. Put all personnel on commission. This action would affect the sales salaries and commissions expense by eliminating the fixed portion and increasing the variable portion by $4.50 per unit. Sales would increase by 44,000 units.

F. Redesign the package for the product. This would decrease the variable direct materials cost by $1.50 per unit but would increase the fixed factory overhead by $36,000.

G. Launch a new advertising campaign. This would increase fixed advertising expense by $348,000 but would increase sales volume by 4,800 units.

H. Reduce the selling price of the product by $15.00 per unit. This would increase sales volume by 16,800 units.

You want to determine whether the following four suggestions (i.e., e, f, g, h) would improve the company’s performance. Determine the effects of each suggestion on operating income, contribution margin per unit, contribution margin percentage, breakeven point in units, and breakeven point in sales dollars.

Calculate the effects of each suggestion independently of the other suggestions. In other words, use the original baseline case data and make the first change (e); use the original baseline case data and make the second change (f); and so on. However, do not overwrite the original baseline case. The easiest way to do this is to copy the original data to a new sheet and then replace the original data parameters. To copy a sheet, click on the sheet name. Select “Move or Copy.” Click on the “Create a copy” box. Click OK. Rename your new sheet to indicate the name of the new scenario. For example, you could name the sheet for (e) ‘Commission.’ To rename a sheet, right click on the sheet name. Select “Rename.” Key in the new name.

Put all personnel on commission. This action would affect the sales salaries and commissions expense by eliminating the fixed portion and increasing the variable portion by $4.50 per unit. Sales would increase by 44,000 units.

Redesign the package for the product. This would decrease the variable direct materials cost by $1.50 per unit but would increase the fixed factory overhead by $36,000.

Launch a new advertising campaign. This would increase fixed advertising expense by $348,000 but would increase sales volume by 4,800 units.

Reduce the selling price of the product by $15.00 per unit. This would increase sales volume by 16,800 units.

I'm getting an error with my code on my EvenDemo class. I am supposed to have two classes, Event and Event Demo. Below is my code.  What is a better way for me to write this?

//********************************************************
// Event Class code
//********************************************************

package java1;

import java.util.Scanner;

public class Event {
   public final static double lowerPricePerGuest = 32.00;
   public final static double higherPricePerGuest = 35.00;
   public final static int cutOffValue = 50;
   public boolean largeEvent;
   private String eventNum;
   private int numGuests;
   private double price;
   private double pricePerGuest;
   public Event(String event, int guests) {
   eventNum = event;
   numGuests = guests;
   }
   public Event() {
   this("A000", 0);
   }
   private Scanner input = new Scanner(System.in);
   public void setEventNumber() {
   System.out.print("Please enter your event number (i.e. A001): ");
   eventNum = input.nextLine();
   }
   public void setNumOfGuests() {
   System.out.print("Please enter the number of guests that will be attending? ");
   numGuests = input.nextInt();
   if (isLargeEvent()) {
   pricePerGuest = lowerPricePerGuest;
   }
   else {
   pricePerGuest = higherPricePerGuest;
   }
   price = numGuests * pricePerGuest;
   largeEvent = (numGuests >= cutOffValue);
   System.out.println("");
   }
   public boolean isLargeEvent() {
   if (this.getNumOfGuests() > 50) {
       return true;
   }
   else {
   return false;
   }
   }
   public String getEventNumber() {
   return eventNum;
   }
   public int getNumOfGuests() {
   return numGuests;
   }
   public double getPrice() {
   return price;
   }
   }
//********************************************************
// Event Demo Class code
//********************************************************
package java1;
import java.util.Scanner;
public class EventDemo {
   public static void main(String[] args) {
       Event eventOne = new Event();
       Event eventTwo = new Event();
       Event eventThree = new Event();
       System.out.println("Enter Details of event # 1:");
       eventOne.setEventNumber();
       eventOne.setNumOfGuests();
       System.out.println("Enter Details of event # 2:");
       eventTwo.setEventNumber();
       eventTwo.setNumOfGuests();
       System.out.println("Enter Details of event # 3:");
       eventThree.setEventNumber();
       eventThree.setNumOfGuests();
       displayMotto();
       System.out.println();
       display(eventOne);
       display(eventTwo);
       display(eventThree);
       System.out.println("Get largest event between event # 1 and event # 2 is :");
       display(getLargestEvent(eventOne, eventTwo));
       System.out.println("Get largest event between event # 2 and event # 3 is :");
       display(getLargestEvent(eventTwo, eventThree));
       System.out.println("Get largest event from event # 1 and event # 3 is :");
       display(getLargestEvent(eventOne, eventThree));
   runLoop();
   }
       public static void runLoop() {
           final int SIZE=4;
           Event[] eventObjects = new Event[SIZE];
           int numGuests;
           Scanner scanner = new Scanner(System.in);
           for (int i = 0; i < eventObjects.length; i++)
           {
           eventObjects[i]=new Event();
           eventObjects[i].setEventNumber();
           do
           {
           System.out.println("Enter number of guests : ");
           numGuests=scanner.nextInt();
           if(numGuests<5 ||numGuests>100)
           System.out.println("Number of guests must be between 5 to 100");
           }while(numGuests<5 ||numGuests>100);
           eventObjects[i].setGuests(numGuests);
           }
           Event oneEvent=eventObjects[0];
           System.out.println("For first event , printing message ");
           System.out.println(oneEvent.getGuestsCount()+" times");
           for (int i = 0; i < oneEvent.getGuestsCount(); i++)
           {
           System.out.println("Please come to my event!");
           }
      
   }
       public static void display(Event e) {
       System.out.println("Event number: " + e.getEventNumber());
       System.out.println("Total guests: " + e.getNumOfGuests());
       System.out.println("Total price: $" + String.format("%.2f", e.getPrice()));
       System.out.println("Is Large event: " + e.isLargeEvent());
       System.out.println("");
       }
       public static Event getLargestEvent(Event e1, Event e2) {
       if (e1.getNumOfGuests() > e2.getNumOfGuests()) {
       return e1;
       }
       else {
       return e2;
       }
       }
      
public static void displayMotto() {
        System.out.println();
    System.out.println("MOTTO");
}
}

Relative Valuation Methods with Price Multiples:

1. Price-to-Sales Ratio
2. Price-to-Cash Flow Ratio
3. Price-to-Book Ratio

What are the benefits and disadvantages of these methods?

Would you ever use any of them as stand alone valuation methods of a target company?

1. Suppose that a person bought 100 shares of company X for 100 euros per share on 01.01.2018. The commission fee charged on this transaction was 25 euros. This person kept these stocks for 2 years and sold his portfolio of company X stocks on 01.01.2020 for 121.55 euros per share. The commission fee charged on this transaction was 30 euros. During the holding period the investor received dividends 3.3 euros per share on 01.01.2019 and dividends 2.42 euros per share on 01.01.2020. Suppose that the realized capital gains are taxed at 20% and the dividends are tax exempt in the country of residence of this person. Suppose also that the annual rate of inflation in the country of residence of this person was 2% in 2018 and 2% also in 2019.

a) Find the nominal after-tax holding period rate of return for this person from the investment described.

b) Find the real after-tax holding period rate of return for this person from the investment described.