Questions
On January 10, 2017, CitiDev Corp., a real estate developer signed a construction loan agreement with...

On January 10, 2017, CitiDev Corp., a real estate developer signed a construction loan agreement with Citibank of $100 million for a development project in Midtown, Manhattan. The loan is to be disbursed over the construction period and the loan balance is due 3 years after the completion of the project. The loan bears interest rate at 8 percent. On March 15th 2017, Citibank disbursed $5 million of the $100 million to CitiDev. Citibank withheld $500k of the $5 million as loan closing costs, hence, the undrawn loan balance after the disbursement was $95 million. What journal entry should CitiDev Corp record upon the loan disbursement on March 15th, 2017?

In: Accounting

1. Discuss the use of the C.B.R. value in the design of pavement. 2. Discuss some...

1. Discuss the use of the C.B.R. value in the design of pavement.

2. Discuss some of the defects you will encounter in maintenance of roads.

3. What is the use of a grader and a scraper in the construction of road?

4. Briefly explain the Marshall test. Discuss the use of the test.

5. Outline three methods by which the viscosity of bitumen can be reduced to facilitate its application.

6. Discuss the functions of a primer in bituminous surfacing.

8. A drainage system is an important part of any road. Discuss its functions.

9. Explain the concept of “equivalent standard axle”.

10. List the pre-construction activities which will be necessary for a new road deviation in a rural area.

In: Civil Engineering

Today, the most significant new factor impacting the construction industry is the "green building, or sustainable...

Today, the most significant new factor impacting the construction industry is the "green building, or sustainable building" movement. & The US Green Building Council initiated a concept and plan that is known as LEED, which stands for Leadership in Energy and Environment Design. This movement is already having the most significant impact on the mechanical, electrical and plumbing systems design that has occurred since the Clean Water Act was passed by the US Congress nearly 40 years ago. The MEP Plans and Specifications are now being changed to comply with the elements of the green building movement.


What do you know about this as-of-now? And, what do you think the short term and long term effects will be on construction?


In: Civil Engineering

What is the human resource cost of hiring and maintaining employees in a company? Studies conducted...

What is the human resource cost of hiring and maintaining employees in a company? Studies conducted by Saratoga Institute, Price-Waterhouse-Coopers Human Resource Services, determined that the average cost of hiring and employee is $3,270, and the average annual human resource expenditure per employee is $1,554. The average health benefit payment per employee is $6,393, and the average employer 401(k) cost per participant is $2,258. According to a survey conducted by the American Society for Training and Development, companies annually spend an average of $955 per employee on training, and, on average, an employee receives 32 hours of training annually. Business researchers have attempted to measure the cost of employee absenteeism to an organization. A survey conducted by CCH, Inc. showed that the average annual cost of unscheduled absenteeism per employee is $660. According to this survey, 35% of all unscheduled absenteeism is caused by personal illness.

  1. The survey conducted by the American Society for Training and Development reported that, on average, an employee receives 32 hours of training per year. Suppose that the number of hours of training is uniformly distributed across all employees varying from 0 hours to 64 hours.
    1. What percentage of employees receive between 20 and 40 hours of training?

  1. What percentage of employees receive 50 hours or more of training?

  1. As the result of another survey, it was determined that, on average, it costs $3,270 to hire an employee. Suppose such costs are normally distributed with a population standard deviation of $400.
    1. Based on these figures, what is the probability that a randomly selected hire costs more than $4,000?

(Could this done with no calculus to make sure my answer matches up with the work I did, thank you)

In: Statistics and Probability

(This question is from the Week 7 Tutorial) Magi Chen is the managing director of Sun...

(This question is from the Week 7 Tutorial)
Magi Chen is the managing director of Sun Construction Pty Ltd, a family owned business that provides construction services. As Magi is interested in purchasing some new construction equipment’s for her business, she has approached her local bank for finance. The bank has asked that Magi provide an audited financial statement to assist them in considering her loan application. Magi has approached your audit firm for this service and you have been allocated the task of auditing Sun Construction for the year ended 30 June 2019. You have undertaken a preliminary review of the business and determined that a substantive testing approach would be suitable and appropriate. You are currently preparing an audit program for the revenue cycle. The following information has been obtained from your review:
• Magi usually works 120 hours a fortnight. Part of this time is spent travelling between different clients and is not charged to the clients. The remaining time is charged at $60 per hour, regardless of the task undertaken.
• Customers typically pay Magi in cash for the work undertaken, except for a small number of regular small-business customers. Magi allows these customers to pay on account by bank transfer on a monthly basis.
• Magi supplies each cash customer with a written receipt, prepared manually from a receipt book purchased at the local news-agency. The book contains pre-numbered blank receipts, which are completed in duplicate.
Required:
For each of the assertions of occurrence, completeness and accuracy, identify a procedure(s) you
could use to audit Sun Construction's revenue.
(Word Limit: Minimum of 150 words. Maximum of 200 words)

In: Accounting

Suburban Homes Construction Project Quality Management Plan (QMP) Prepare a quality management plan using the elements...

Suburban Homes Construction Project Quality Management Plan (QMP)

Prepare a quality management plan using the elements described in the PMBOK 6e (Section 8.1.3.1) for the Suburban Homes Construction Project.

Content (90 points) Over the course the semester you’ve become familiar with the project and as part of the overall project management plan, a quality management plan is needed to communicate how quality will be met to the satisfaction of each stakeholder involved in a typical residential construction project.

You should perform research on quality standards associated with residential construction to determine applicable standards. At least four (4) quality objectives associated with the project should be defined.

As part of the section on quality tools, include a separate appendix with at least three (3) quality tools that will be used as a part of the project. These can be drawn from: 1) flow charts, 2) check sheets, 3) Pareto diagrams, 4) histograms, 5) control charts, 6) scatter diagrams, 7) affinity diagrams, 8) process decision programs charts, 9) interrelationship digraphs, 10) tree diagrams, 11) prioritization matrices, 12) activity network diagrams, 13) matrix diagrams, 14) inspections, and 15) statistical sampling.

Last, about 1/3 of the plan should be devoted to major procedures relevant for the project for dealing with non-conformance, corrective actions procedures, and continuous improvement procedures.

If information needed to complete a QMP is not explicitly stated in the scenario description or other project artifacts you’ve created or collected for this scenario in the past units, then develop (make-up) the information you need to complete the plan. Use tables and illustrations as needed to convey information.

The plan (excluding the separate appendix) should be approximately 4 to 5 pages.

In: Operations Management

package construction; public class Bid{ private String contractor; private float price; public Bid(String contractor, float price)...

package construction;
public class Bid{
    private String contractor;
    private float price;

    public Bid(String contractor, float price) {
        this.contractor = contractor;
        this.price = price;
    }

    public String getContractor() {        return contractor;     }

    public float getPrice()       {        return price;    }

}
package construction;

public class ContractorBids{
    // assume proper variables and other methods are here

    public void winningBid(Bid[] bids, int numBids){

        /****************************
         *  your code would go here *
         ****************************/

    }
}

You are doing renovations on your building, and multiple contractors have given bids. Given the above Bid and ContractorBids class, write code that should go in the area marked * your code would go here * to complete the “winningBid(Bid[] bids, int numBids)” method. The output should be printed to the console (screen). There are numBids Bids in the array Bid[] bids. These items are in locations 0 to numBids - 1 of the array.

Each Bid item should have its contractor and price output on a single line. There will be marks for properly right justifying the price and outputting two decimals. As you are printing the Bid objects, you should keep track of the Bid object with the lowest price. At the end print the contractor name followed by the price, a finder's fee of 10% and the total price.  For example, if the Bid array had 3 Bids, a Carl's Construction with $40 000, a Pat's Paving for $50 000, and Debbie's Demolition for $30 000, we would get the following output.

 

Top Bids:

Carl's Construction 40000.00

Pat's Paving 50000.00

Debbie's Demolition     30000.00

The winning bid goes to Debbie's Demolition.

Price: $30000.00 Finder's Fee: $3000.00 Total: $33000.00

In: Computer Science

A long, thin solenoid has 600 turns per meter and radius 2.6 cm. The current in...

A long, thin solenoid has 600 turns per meter and radius 2.6 cm. The
current in the solenoid is increasing at a uniform rate dI/dt. The induced
electric eld at a point near the center of the solenoid and 3.80 cm from
its axis is 8.00 10 -5 V/m. Calculate dI/dt

In: Physics

2. Why is it useful to have mechanisms for direct cell to cell communication and for...

2. Why is it useful to have mechanisms for direct cell to cell communication and for long distance communication with cells not near each other?

3. Why would bacterial cells need to communicate with each other? What is the advantage? Find an example bacteria that communicate and how do they communicate?

please answer both questions

In: Biology

White light falls in, near the normal direction, against a thin oil film lying on a...

White light falls in, near the normal direction, against a thin oil film lying on a glass plate. Two colors with wavelengths of 525nm and 650nm clearly dominate the reflected light. Assume that the refractive index of the oil is 1.25 and the refractive index of the glass is 1.5.

Determine the thickness of the film and the order of interference for the dominant colors.

In: Physics