Bombardier, after spending $250,000 on a feasibility study, has determined that its customers will be willing to pay more money for the C Series model if Bombardier invests in a manufacturing technology upgrade that can enhance the safety of the engine. Bombardier realizes that the delays in the C Series program are likely costing them potential sales of the C Series jets. The feasibility study allowed management to better understand the implementation costs of the new technology as well as the potential payoff. Thus, they see the opportunity to make a short-term investment in the engine technology that will affect the next eight years of production in order to improve their overall offering to their customers.

Because the C Series production facilities are already covered in original cost estimates, no additional costs for production facilities are required. However, the required new machinery will cost $2,000,000 and will be subject to capital cost allowance depreciation (Asset Class 8, 20% CCA rate). When the C Series program expires after year eight, Bombardier executives figure there will be $324,578 in salvage on the equipment. Sales across the eight years of the C Series program are projected to be 18 units, 22 units, 29 units, 43 units, 54 units, 34 units, 36 units, and 39 units.

Bombardier expects that the price to their customers will start at an additional $120,000 with three per cent increases per year, as they wish to keep their prices competitive. Material costs of production are expected to be $68,000 per unit, growing at four per cent a year. Fixed costs per annum will amount to $680,000. The corporate tax rate Bombardier is subject to is 26.7 per cent, as of end of fiscal 2018.

Finally, Bombardier requires a maintained investment in working capital of $375,000 at the beginning of the project. This will stay at 15 per cent of sales at the end of each year, and reduces to 0 by the project's end; therefore, the investment in working capital is fully recovered by the project's end. As the company will be purchasing raw materials prior to production and sales delivery, they must create an investment in inventory as well as maintaining some cash as a buffer against unforeseen expenses. If the firm has negative taxable income from the project in a given year, please assume that the firm has positive income from other projects, so that the loss can be written off (as a tax benefit) against this other project income in the same year.

Questions

2.     What is the Net Present Value of the project if the required rate of return (Weighted Average Cost of Capital) is equal to 3.80 per cent?

3.    By how much would the Net Present Value of the project change if unit sales were 25 per cent less than expected (round down toward zero the number of units)?

On January 1, 2015, a machine was purchased for $109,800. The machine has an estimated salvage value of $7,320 and an estimated useful life of 5 years. The machine can operate for 122,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 24,400 hrs; 2016, 30,500 hrs; 2017, 18,300 hrs; 2018, 36,600 hrs; and 2019, 12,200 hrs.

Part 1

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

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Part 2

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

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b) As at 30 June 2018, T&P Ltd’s equity accounts are as follow:

400  000 ‘A’ ordinary shares, issued at $2.50 each, fully paid $ 1 000 000

75  000  6% cumulative preference shares, issued at $3 and paid to $2 $ 150  000

Accumulated losses (12 750)

As the company had incurred a loss for the year ended 30 June 2018, no dividends were declared for that year. The following transactions and events occurred during the year ended 30 June 2020.

Required: Prepare general journal entries to record the above transactions.

Quisco Systems has

6.96.9

billion shares outstanding and a share price of

$ 17.17$17.17.

Quisco is considering developing a new networking product in house at a cost of

$ 546$546

million.​ Alternatively, Quisco can acquire a firm that already has the technology for

$ 962$962

million worth​ (at the current​ price) of Quisco stock. Suppose that absent the expense of the new​ technology, Quisco will have EPS of

$ 0.63$0.63.

a. Suppose Quisco develops the product in house. What impact would the development cost have on​ Quisco's EPS? Assume all costs are incurred this year and are treated as an​ R&D expense,​ Quisco's tax rate is

25 %25%​,

and the number of shares outstanding is unchanged.

b. Suppose Quisco does not develop the product in house but instead acquires the technology. What effect would the acquisition have on​ Quisco's EPS this​ year? (Note that acquisition expenses do not appear directly on the income statement.

Assume the firm was acquired at the start of the year and has no revenues or expenses of its​ own, so that the only effect on EPS is due to the change in the number of shares​ outstanding.)

c. Which method of acquiring the technology has a smaller impact on​ earnings? Is this method​ cheaper? Explain.

The Floyd School of Vocational Technology has organized the school training programs into three departments. Each department provides training in a different area as follows: nursing assistant, dental hygiene, and office technology. The school’s owner, Joyce Floyd, wants to know how much it costs to operate each of the three departments. To accumulate the total cost for each department, the accountant has identified several indirect costs that must be allocated to each. These costs are $15,000 of phone expense, $24,000 of office supplies, $720,000 of office rent, $144,000 of janitorial services, and $150,000 of salary paid to the dean of students. To provide a reasonably accurate allocation of costs, the accountant has identified several possible cost drivers. These drivers and their association with each department follow.

a) What is the amount of telephone expense that should be allocated to the Dental department?

b) What is the amount of supplies expense allocated to the Technology department?

c) What is the amount of office rent for the Dental department?

d) What amount of janitorial services cost will be allocated to the Nursing department?

A pediatrician wants to determine the relation that may exist between a? child's height and head circumference. She randomly selects 5 children and measures their height and head circumference. The data are summarized below. Complete parts? (a) through? (f) below.

a) Treating height as the explanatory variable, x, use technology to determine the estimates of β0 and β1.

(b) Use technology to compute the standard error of the estimate, se.

(c) A normal probability plot suggests that the residuals are normally distributed. Use technology to determine sb1.

(d) A normal probability plot suggests that the residuals are normally distributed. Test whether a linear relation exists between height and head circumference at a=0.01 level of significance. State the null and alternative hypotheses for this test.

Determine the P-value for this hypothesis test. What is the conclusion that can be drawn?

(e) Use technology to construct a 95% confidence interval about the slope of the true least-squares regression line. What is the lower bound and upper bound?

(f) Suppose a child has a height of 26.5 inches. What would be a good guess for the child's head circumference?

1. What is the most popular L. AN technology?

2. Describe how an Ethernet frame is constructed.

3. What are the CSMA and CD technologies?

4. What are the advantages ofa VLAN?

5. Which WAN technology can reach transmission rates of up to 10 Gbps?

6. Which WAN technology is using circuit swtchiing technology?

7. Explain why a packet switch uses two sets of ports.

8. What are CSU and DSU?

9. What is the Internet?

10. How can hosts in private LANS communicate through the Internet?

11. What is a POP?

12. What are the two key technologies that make communication over the Internet possible?

13. On the Internet, how can an ISP reach another ISP?

14. What is the range of data transmission rates for the T-series standards?

15. Name three commonly used wireless transmission media.

16. Name three types of commonly used wireless technologies.

17. Why do we need modulation?

18. What is the difference between a hub and a switch?

19. What are the advantages of a Layer 3 switch?

20. What are the reasons for an edge aggregation router to use MPLS?

Explore jobs related to your area of study in relationship to the Information Technology field. Pick an architecture category from computer, information, network, software, technology, and security architecture. Select three positions which would indicate a career path.

Complete a 2-3-page paper with an abstract and conclusion (plus cover sheet and reference page) that discusses the job duties and skills necessary for the position in the current job market. You should include the requirements such as experience, education, certifications, along with salary ranges. This can be illustrated in a table of the positions with criteria for an easy visual comparison.

Discuss related professional organizations, career development resources and other methods to stay current in the position with changes to technology and progress through the career path.

Specific questions or items to address:

You need to discuss the job duties and skills necessary for the position in the current job market. You should include the requirements such as experience, education, certifications, along with salary ranges. This can be illustrated in a table of the positions with criteria for an easy visual comparison.

Discuss related professional organizations, career development resources and other methods to stay current in the position with changes to technology and progress through the career path.

COMPREHENSIVE PROBLEM Sam started Samuel Technology Service in February, 2015. The following transactions occurred in March, 2015: Mar 1 Received cash from customers on account, $ 3,500. 2 Paid cash for advertising on a local website, $ 600. 3 Received cash from customers as an advance payment for technical support services to be provided in the future, $ 5,000. 6 Paid technician $ 1,500 in salary, including the amount owed at the end of February. 8 Paid $ 800 on account. 12 Billed customers for services provided on account, $ 12,200. 16 Received $ 7,750 cash for fees earned for jobs completed. 17 Paid technician $ 1,500 in salary. 18 Purchased supplies on account, $ 800. 20 Received $ 16,400 cash for fees earned for jobs completed. 21 Billed customers for services provided on account, $ 6,400. 23 Received cash from customers on account, $ 19,000. 26 Paid phone bill for the month, $ 240. 28 Paid electricity bill for the month, $ 580. 30 Billed customers for services provided on account, $ 7,800. 31 Received cash from customers on account, $ 10,200. 31 Sam withdrew $16,000 for personal use. INSTRUCTIONS: 1. The chart of accounts and the post-closing trial balance as of February 28, 2015 are given. For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of the ledger. Date the balances March 1, 2015, and place a check mark ( ✓ ) in the Posting Reference column. 2. Journalize each of the March transactions in the journal provided using Samuel Technology Service’s chart of accounts. (Do not insert the account numbers in the journal at this time). 3. Post the journal to the ledger. (Enter posting references now). 4. Prepare an unadjusted trial balance. 5. At the end of March, the following adjustment data were assembled. Use this data to complete instructions ( 5 ) and ( 6 ): a. Supplies on hand were $ 1,200. b. Rent expired during the month was $ 3,200. c. Unearned fees at the end of the month were $ 4,000. d. Insurance expired during the month was $ 600. e. Accrued salaries payable were $ 480. f. Depreciation on equipment during the month was $ 660. 6. Optional: Enter the unadjusted trial balance on an end-of-period spreadsheet/worksheet and complete the worksheet. (extra credit +5 points if completed & correct). 7. Journalize and post the adjusting entries. 8. Prepare an adjusted trial balance. 9. Prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet. 10. Record and post the closing entries. Indicate closed accounts in the ledger by inserting a line in both of the Balance columns opposite each closing entry. 10.Prepare a post-closing trial balance. SAMUEL TECHNOLOGY SERVICE CHART OF ACCOUNTS 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Ren t 16 Prepaid Insurance 18 Office Equipment 19 Accumulated Depreciation 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees 31 Sam OlinCapital 32 Sam Olin, Drawing 41 Fees Earned 51 Salaries Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense SAMUEL TECHNOLOGY SERVICE POST-CLOSING TRIAL BALANCE FEBRUARY 28, 2015 DEBIT CREDIT Cash 44,200 Accounts Receivable 6,800 Supplies 2,700 Prepaid Rent 6,400 Prepaid Insurance 3,000 Office Equipment 29,000 Accumulated Depreciation 660 Accounts Payable 1,600 Salaries Payable 240 Unearned Fees 5,000 Sam Olin, Capital 84,600 Total 92,100 92,100

LOOKING FOR BALANCE SHEET AND INCOME STATEMENT