|
Assume that the following relationship holds:
Maintenance Costs = (v * Machine Hours) + f
REQUIRED
Estimate the values of v and f and the cost equation, using,
1. the High-Low Method, and
Make sure to report
1. The values of v and f;
2. A scatter plot of the data points, and
3. The adjusted R-square; explain what the adjusted R-square means.
4. The cost equation in the form of Y = vx + f, substituting the values for v and f from the regression output.
YOUR SUBMISSION MUST BE IN EXCEL.
In: Operations Management
An object of irregular shape has a characteristic length of L = 1 m and is maintained at a uniform surface temperature of Ts = 325 K. It is suspended in an airstream that is at atmospheric pressure (p = 1 atm) and has a velocity of V = 100 m/s and a temperature of T? = 275 K. The average heat flux from the surface to the air is 12,000 W/m2. Referring to the foregoing situation as case 1, consider the following cases and determine whether conditions are analogous to those of case 1. Each case involves an object of the same shape, which is suspended in an airstream in the same manner. Where analogous behavior does exist, determine the corresponding value of the average heat or mass transfer convection coefficient, as appropriate.
(a) The values of Ts, T?, and p remain the same, but L = 2 m and V = 50 m/s.
(b) The values of Ts and T? remain the same, but L = 2 m, V = 50 m/s, and p = 0.2 atm.
(c) The surface is coated with a liquid film that evaporates into the air. The entire system is at 300 K, and the diffusion coefficient for the air–vapor mixture is DAB = 1.12 × 10?4 m2/s. Also, L = 2 m, V = 50 m/s, and p = 1 atm.
(d) The surface is coated with another liquid film for which DAB = 1.12 × 10?4 m2/s, and the system is at 300 K. In this case L = 2 m, V = 250 m/s, and p = 0.2 atm.
In: Mechanical Engineering
Challenge Lab 8-1: Configure Network Settings in Hyper-V
Your Windows Server 2012 R2 server is installed in a VM named VMTest1 that you created in the hands-on projects. You are ready to perform post-installation tasks. One of the things you will need to do is configure the virtual network. Do a little research on configuring the virtual network in Hyper-V. Open Hyper-V Manager and study the configuration tasks you can perform in the Actions pane.
You should configure the virtual network so that VMs you are running in Hyper-V can communicate with each other and with the host computer. You will need to perform two steps to configure the virtual network. You will also need to configure the Windows Server 2012 R2 VM with an appropriate IP address to communicate with the host computer. You should test communication between the physical computer and the host computer using the Ping utility. When you are finished, answer the following questions:
Discussion Questions
a. What setting in Hyper-V did you access to configure the virtual
network?
b. What type of virtual network did you configure?
c. After you configured the virtual network, what did you have to
do to make sure your VM used the virtual network?
d. What IP address did you configure on your VM? What command did
you use to ping the host computer?
In: Computer Science
Federal courts may hear cases that originate and really only pertain to state law when there is diversity of citizenship between the plaintiff and defendant. The Gasperini case is one such case. In the case, the federal court was compelled to apply state law, not federal law. This is due to which famous case?
|
Hanna v. Plumer |
||
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Guaranty Trust v. New York |
||
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Byrd v. Blue Ridge Electrical |
||
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Erie R.R. v. Tompkins |
||
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All of these cases stand for this proposition |
In Smith v. Massachusetts, Justice Ginsberg bases her dissent upon what issue
|
Due process |
||
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Double jeopardy |
||
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Right to counsel |
||
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Self-incrimination |
||
|
Second amendment â firearmâ right |
The best way to describe the relationship between the fifth and sixth amendments is
|
The fifth amendment requires the defendant to request his/her rights and the sixth amendment tells the state how to apply those rights |
||
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The sixth amendment articulates what the sate can do while the fifth amendment articulates what the state is prohibited from doing |
||
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Both amendments deal with the police power of the state and how the state may exercise its rights to protect society |
||
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The fifth amendment lays out the requirement of due process while the sixth articulates the particulars of that due process |
||
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Both the fifth and sixth amendments rely on the right of privacy articulated in the fourth amendment |
Complete this statement: the Seventh Amendment is most similar to which amendment in application:
|
First |
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Second |
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Third |
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Fourth |
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Fifth |
In: Operations Management
Problems 9-14 Determining LIFO amounts—comprehensive (LO9-5, LO9-6, LO9-7)
Sirotka Retail Company began doing business in 2015. The following information pertains to its first three years of operation: Use the following links to the present value tables to calculate answers. (PV of 1, PVAD of 1, and PVOA of 1) (Use the appropriate factor(s) from the tables provided.)
| Purchases | Sales | ||||||||||||||||
| Year | Operating Expenses | Units | Unit Cost | Units | Unit Price | ||||||||||||
| 2015 | $ | 60,000 | 15,000 | $ | 20.00 | 12,000 | $ | 35 | |||||||||
| 2016 | 90,000 | 20,000 | 25.00 | 18,000 | 40 | ||||||||||||
| 2017 | 65,000 | 5,000 | 30.00 | 10,000 | 40 | ||||||||||||
Assume the following:
The income tax rate is 40%.
Purchase and sale prices change only at the beginning of the year.
Sirotka uses the LIFO cost flow assumption.
Operating expenses are primarily selling and administrative expenses.
Required:
Compute cost of goods sold and the cost of ending inventory for each of the three years.
Prepare income statements for each of the three years.
Compute the LIFO reserve at the end of 2015, 2016, and 2017.
Compute the effect of LIFO liquidation on the net income of the company for the years 2016 and 2017.
Compute the inventory turnover ratio for the years 2016 and 2017. Do not make adjustments for any potential biases in LIFO accounting.
How can the physical turnover of inventory (that is, true inventory turnover) best be approximated using all of the information available in a LIFO financial statement? Illustrate your approach by recomputing Sirotka’s inventory turnover ratios for 2016 and 2017.
Compute the gross margin percentages for the years 2016 and 2017.
Provide an estimate of the FIFO cost of goods sold for the years 2015, 2016, and 2017 using the information available in the financial statements.
Based on your answers to requirements 1 and 8, estimate Sirotka’s tax savings for 2015, 2016, and 2017.
Assuming a discount rate of 10%, compute the January 1, 2015, present value of the tax savings over the period 2015–2017 (that is, discount the 2015 tax savings one period, and so on).
In: Accounting
In 2015, the Keenan Company paid dividends totaling $3,810,000 on net income of $20 million. Note that 2015 was a normal year and that for the past 10 years, earnings have grown at a constant rate of 4%. However, in 2016, earnings are expected to jump to $32 million and the firm expects to have profitable investment opportunities of $14.6 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionally profitable new product line introduced that year. After 2016, the company will return to its previous 4% growth rate. Keenan's target capital structure is 40% debt and 60% equity.
| Regular-dividend |
| Extra dividend |
In: Finance
a)
Broussard Skateboard's sales are expected to increase by 25% from $7.8 million in 2016 to $9.75 million in 2017. Its assets totaled $4 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 7%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.
b)
Long-Term Financing Needed
At year-end 2016, Wallace Landscaping’s total assets were $1.7 million, and its accounts payable were $320,000. Sales, which in 2016 were $2.0 million, are expected to increase by 30% in 2017. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $355,000 in 2016, and retained earnings were $205,000. Wallace has arranged to sell $190,000 of new common stock in 2017 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2017. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 6%, and 60% of earnings will be paid out as dividends.
In: Finance
For Under Armour
The last page of your paper should be the citing of sources used.
Usually, the best place to start your paper is with the latest 10-K Report of your selected company.
Write a 7-8-page, APA format, double-spaced paper answering the questions below supported by calculations, operating, and financial information.
Requirements
What is the name of the company? What is its industry sector?
What are the operating risks of the company?
What is the financial risk of the company (the debt to total capitalization ratio)?
Does the company have any preferred stock?
What is the capital structure of the company: short-term portion of long-term debt, long-term debt, preferred stock (if any), and market value of common stock issued and outstanding?
What is the company's current actual beta (or equity beta)?
What is the company's current marginal tax rate?
What is the cost of debt before and after taxes?
What is the cost of preferred stock (if any)?
What is the cost of common stock equity? (Use the Capital Asset Pricing Model.)
What is the weighted average cost of capital of the company?
How has the company's stock been performing in the last 5 years?
What is the annual cash dividend yield of the common stock?
How would you assess the overall risk structure of the company
in terms
of its operating risks and financial risk (debt-to-capitalization
ratio)?
Would you invest in this company? Why or why not?
The last page of your paper should be a citing of the sources
that
you used to prepare this paper.
http://www.uabiz.com/sec.cfm 10k 2018
| Under Armour, Inc. and Subsidiaries | |||
| Consolidated Balance Sheets | |||
| (In thousands, except share data) | |||
| December 31, 2017 | December 31, 2016 | ||
| Assets | |||
| Current assets | |||
| Cash and cash equivalents | $ 312,483 | $ 250,470 | |
| Accounts receivable, net | 609,670 | 622,685 | |
| Inventories | 1,158,548 | 917,491 | |
| Prepaid expenses and other current assets | 256,978 | 174,507 | |
| Total current assets | 2,337,679 | 1,965,153 | |
| Property and equipment, net | 885,774 | 804,211 | |
| Goodwill | 555,674 | 563,591 | |
| Intangible assets, net | 46,995 | 64,310 | |
| Deferred income taxes | 82,801 | 136,862 | |
| Other long term assets | 97,444 | 110,204 | |
| Total assets | $ 4,006,367 | $ 3,644,331 | |
| Liabilities and Stockholders' Equity | |||
| Current liabilities | |||
| Revolving credit facility, current | $ 125,000 | $ - | |
| Accounts payable | 561,108 | 409,679 | |
| Accrued expenses | 296,841 | 208,750 | |
| Current maturities of long term debt | 27,000 | 27,000 | |
| Other current liabilities | 50,426 | 40,387 | |
| Total current liabilities | 1,060,375 | 685,816 | |
| Long term debt, net of current maturities | 765,046 | 790,388 | |
| Other long term liabilities | 162,304 | 137,227 | |
| Total liabilities | 1,987,725 | 1,613,431 | |
| Commitments and contingencies (see Note 6) | |||
| Stockholders' equity | |||
| Class A Common Stock, $0.0003 1/3 par value; 400,000,000 | |||
| shares authorized as of December 31, 2017, and 2016; | |||
| 185,257,423 shares issued and outstanding as of December | |||
| 31, 2017, and 183,814,911 shares issued and outstanding as | |||
| of December 31, 2016. | 61 | 61 | |
| Class B Convertible Common Stock, $0.0003 1/3 par value; | |||
| 34,450,000 shares authorized, issued and outstanding as of | |||
| December 31, 2017, and December 31, 2016. | 11 | 11 | |
| Class C Common Stock, $0.0003 1/3 par value; 400,000,000 | |||
| shares authorized as of December 31, 2017, and 2016; | |||
| 222,375,079 shares issued and outstanding as of December | |||
| 31, 2017, and 220,174,048 shares issued and outstanding as | |||
| of December 31, 2016. | 74 | 73 | |
| Additional paid-in capital | 872,266 | 823,484 | |
| Retained earnings | 1,184,441 | 1,259,414 | |
| Accumulated other comprehensive loss | (38,211) | (52,143) | |
| Total stockholders' equity | 2,018,642 | 2,030,900 | |
| Total liabilities and stockholders' equity | $ 4,006,367 | $ 3,644,331 | |
In: Finance
Use the following information to answer problems 1 through 5: Han Solo guesses randomly at
six multiple choice questions on an exam. Each question has four potential answers.
Page
2
of
2
7. This scenario can be modeled as a
(a) normal experiment with 4 trials and success probability of 1/6 per trial.
(b) normal experiment with 6 trials and success probability of 1/4 per trial.
(c) binomial experiment with 6 trials and success probability of 1/5 per trial.
(d) binomial experiment with 4 trials and success probability of 1/6 per trial.
(e) binomial experiment with 6 trials and success probability of 1/4 per trial.
8. Complete the following table that represents the probability distribution of
X
= the number of
questions Han guesses correctly.
x
0
1
2
3
4
5
6
P(X = x)
(a) 1/7, 2/7, 3/7, 4/7, 5/7, 6/7, 1
(b) .1780, .5339, .8306, .9624, .9954, .9996, 1
(c) 1/7, 1/7, 1/7, 1/7, 1/7, 1/7, 1/7
(d) .1780, .3560, .2966, .1318, .0330, .0044, .0002
(e) 1/6, 1/6, 1/6, 1/6, 1/6, 1/6
9. What is the probability he will answer at least 4 of the questions correctly?
(a) 0.0376 (b) 10/12 (c) .67% (d) 2/12 (e) 0.0046
10. What is the mean number of questions he will answer correctly?
(a) 0 (b) 1 (c) 1.5 (d) 2 (e) 4
11. What is the standard deviation of the number of questions he will answer correctly?
(a) 0.46 (b) 1 (c) 1.06 (d) 1.5 (e) 1.6
In: Statistics and Probability
Suppose you are the Chief Marketing Officer for a retailer that has data on the home addresses of its
1,000,000 most active customers. You hope to determine whether sending out “20% off your entire
purchase” coupons by mail will increase revenues.
You conjecture that customers who have access to this coupon will spend more in the store over the
next year. However, skeptics in your company argue that the coupons will just allow customers to
spend less on items they would have purchased anyway. This is a debate that an experiment can
resolve.
In thinking about how large of an experiment you need to have enough statistical power, you realize
that many of the customers you send the coupons to in the mail will not open the mail and so will not
realize they received the coupon.
1. The CEO argues that to estimate the effects of the coupons on revenue, you should compare
the difference in revenues from a) people you sent the coupons and who used them and b)
people you sent the coupons but who did not use them. Write a response to your CEO:
describe the flaw with this plan in language the CEO will understand, and advocate for your
proposed experiment.
2. To avoid the cost of sending out coupons you do not need to, you ask the data science team
to plan an experiment just large enough (with just enough statistical power) to reliably detect
a treatment effect if the true effect on those who open the mail and realize they have the
coupon is a $2 increase in revenue over the next year. The data science team tells you that
an experiment with 100,000 people in the treatment group (leaving the remaining 900,000 in
the control group) will be well-powered to detect an overall difference between the entire
treatment and control groups of $2 in revenue over the next year. To send out the minimum
number of coupons required while still having enough statistical power to detect a $2 effect of
opening the mail, can you send out fewer, the same number of, or more coupons than
100,000?
In: Statistics and Probability