On pages 350-351, the text discusses the expected measures of return and risk. The expected return can be based on the weighted average of the probabilities of a state of nature, such as boom economy, normal economy, and recession (see table on page 351).

Here is a table of probabilities:

Nature                         Probability         Expected Return under that scenario

Boom Economy              .25                          16%

Normal Economy              .60                                    10%

Recession .15 8%

Calculate the expected rate of return based on the above table. HINT: See the equation used on page 351 where they show an 8.5 percent return.

A project requires a $2,000 investment. The net cash flows are $350 per year for 10 years. The opportunity cost of capital (RA) is 12%. The company intends to finance the project with $1,000 of interest-bearing debt and $1,000 of equity. The interest rate is 8%. The corporate tax rate is equal to 30%. The company must repay the principal in equal annual installments over 5 years. a. Calculate the adjusted net present value (APV). b. Starting with your answer to part a, suppose issue costs are 5% of the gross proceeds of the equity only. Re-compute the APV.

Please write your opinion in 350 words as to why if Andrew (Andy) Fastow did not violate Generally Accepted Accounting Principles he was sent to jail. Do you think the conviction was fair?

Assume you purchase 200 shares of Apple at $350 per share, but you are worried that it may fall in price, so you wish to hedge part of your position by writing a 100 share option. The option has a strike price of $300 and a premium of $50. If at that the time of expiration, the stock is selling at the following prices ($200, $300, $400) what will be your overall gain or loss? What about the person who bought the option from you?

a. Corey has a mountain bike worth $350, a credit card debt of $200, $210 in cash, a Sandy Koufax baseball card worth $500, $1,250 in a checking account, and an electric bill due for $300. Construct Corey’s balance sheet and calculate his net worth. For each remaining part, explain how the event affects Corey’s assets, liabilities, and wealth.

Instructions: Enter your responses as integer values. Do not leave cells blank. You must enter an answer in order to be graded correctly.

Corey's net worth: $.

b. Corey goes to a baseball card convention and finds out that his baseball card is a worthless forgery.
    
Instructions: Enter your responses as integer values.

Assets (Click to select)increasedeclineremain unchanged and equal $.

Liabilities (Click to select)increasedeclineremain unchanged and equal $.

Wealth (Click to select)remains unchangeddeclinesincreases and equals $.


c. Corey uses $200 from his paycheck to pay off his credit card balance. The remainder of his paycheck is spent in a way that does not impact his balance sheet.

Instructions: Enter your responses as integer values.

Assets (Click to select)remain unchangeddeclineincrease and equal $.

Liabilities (Click to select)declineremain unchangedincrease and equal $.

Wealth (Click to select)increasesdeclinesremains unchanged and equals $.


d. Corey writes a $200 check on his checking account to pay off his credit card balance.

Instructions: Enter your responses as integer values.

Assets (Click to select)remain unchangedincreasedecline and equal $.

Liabilities (Click to select)increasedeclineremain unchanged and equal $.

Wealth (Click to select)declinesincreasesremains unchanged and equals $.


Of the events in the previous three parts, which, if any, corresponds to saving on Corey’s part?

Part (Click to select)cbd corresponds to saving.

• Develop an essay (300 – 350 words) where you discuss the beginnings of Cooperative Federalism, and how it continues to work in very practical ways throughout the United States.
• Include specific examples, even from within your own state. What are the implications of Cooperative Federalism? What are the disadvantages, if any?

Please discuss the following question in 350 word count in your own thoughts and words if using any website information please provide and list the references.

Identify an effective health care organization that utilizes information technology. Assess the risks and affected stakeholders in the event of a system breach or failure, and recommend approaches that can be used to safeguard confidential information.

A) how many grams of Zinc (II) Nitrate would be required to produce 350 ml of a .50 M solution?

Water is Unusual because...(Choose All true)

- soilid phase is less compact than the liquid phase.

-Most molecules as small as water are gases at room temperature

-most molecules as small as water have higher boiling points than water does

-its very strong hydrogen bonding and polarity (among other things) give it unusual properties

2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $15.15 that is immediately used. 9 Paid $38.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid $8.55 postage to deliver a contract to a client. 14 Reimbursed Adina Sharon, the manager, $66 for mileage on her car. 20 Purchased office paper for $66.77 that is immediately used. 23 Paid a courier $15 to deliver merchandise sold to a customer, terms FOB destination. 25 Paid $11.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 27 Paid $59 for postage expenses. 28 The fund had $23.40 remaining in the petty cashbox. Sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures. 28 The petty cash fund amount is increased by $60 to a total of $410. Required: 1. Prepare the journal entry to establish the petty cash fund. 2. Prepare a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense. 3. Prepare the journal entries for required 2 to both (a) reimburse and (b) increase the fund amount.