Questions
Susan sells a put to Peter on 6/1/20 and Susan agrees to purchase up to 1,000...

  1. Susan sells a put to Peter on 6/1/20 and Susan agrees to purchase up to 1,000 shares of Microsoft stock from Peter at $90 per share anytime on or before 11/1/20. Peter had purchased the shares 9 months earlier for $100 per share. Microsoft is selling for $100 per share on 6/1/20. Peter pays Susan $10,000 for writing the put. The stock never falls below $95 per share and the put lapses without being exercised. How do Susan and Peter treat the writing of the put and its later lapse?
  2. Same as except the price of Microsoft falls to $85 and Peter exercises the put. Susan agrees to pay Peter $5 per share ($5,000) to settle the put.

Identify if the gain is short term or long term.

In: Accounting

A country is closed. It has no government sector, and its aggregate price levels and interest...

A country is closed. It has no government sector, and its aggregate price levels and interest rates are fixed. Furthermore, the marginal propensity to consume is constant and the country's consumption function is as follows: C = 200 + 0.75YD, where YD is disposable income and C is consumption. Assume that planned investment equals 75.

1. If this country's income increased by $10,000, consumption would increase by:

2. Write the AE equation: AE = ____ + ____ YD

3. When real GDP equals $900 unplanned inventory investment is:

4. What is the income–expenditure equilibrium for this country?

5. Holding everything else constant, what is the change to the income-expenditure equilibrium if aggregate wealth decreases by $100?

6. Holding everything else constant, what is the change to the income-expenditure equilibrium if taxes increase by 100? (hint: think about how the change in taxes reduces consumption).

In: Economics

Let E denote units of domestic currency per unit of foreign currency; P, P* the domestic...

Let E denote units of domestic currency per unit of foreign currency; P, P* the domestic and foreign price index, respectively.

Year E P P* EP*/P
1 1.0 100 100 1.0
2 1.1 110 - 1.0
3 1.1 - 110 1.1
4 1.1 110 121 -
5 - 110 121 1.155

Fill in the missing elements of the table above and answer the following questions:

(a) Between which years did the domestic nominal exchange rate change?

(b) Bewteen which years did the domestic real exchange rate change?

(c) Did the domestic nominal exchange rate depreciate or appreciate bwtween year 1 and year 5?

(d) Did the domestic real exchange rate depreciate or appreciate between year 1 and yaer 5?

In: Economics

uestion: It’s that time again. Time for Mr. Brummett to calculate each student’s overall grade. However,...

uestion: It’s that time again. Time for Mr. Brummett to calculate each student’s overall grade. However, i... It’s that time again. Time for Mr. Brummett to calculate each student’s overall grade. However, it’s much easier to do it in Python. In this assignment your goal is to write a python program called grade.py that takes in the student’s name, 6 quiz grades, 4 test grades, 6 project grades, and a participation grade. The program should also take in the weighted percentage of each type of assignment (for example Participation is usually 5% of the total grade) as a floating type (.5). It should then print out the student name, each calculated grade for each assignment type and the final overall grade. Guidelines: All inputs should be taken from the user. Get and return the overall grade for each assignment type (Tests, Projects, Quizzes, and Participation). This means the program will have to get the max overall points for the assignment type (say quizzes are 10 points apiece so 6*10=60). The number of points for each individual assignment of that type. For example, in quiz the user should be prompted 6 times and these 6 numbers should be added together. The test cases use a 30% weighted total for Tests, a 15% weighted total for Quizzes, 5% weighted total for Participation, 50% weighted total for Projects. Use if, elif, and else statements to print a letter grade based on the final grade. Sample Output: Enter Student Name:Jon Doe Please enter the total possible quiz grade:60 Please enter quiz weight in decimal form:.15 Please enter the first quiz grade:10 Please enter the second quiz grade:5 Please enter the third quiz grade:6 Please enter the fourth quiz grade:7 Please enter the fifth quiz grade:10 Please enter the sixth quiz grade:9 Please enter the total possible Participation grade:100 Please enter participation weight in decimal form:.05 Please enter the Participation grade:100 Please enter the total possible project grade:600 Please enter project weight in decimal form:.50 Please enter the first project grade:100 Please enter the second project grade:100 Please enter the third project grade:90 Please enter the fourth project grade:80 Please enter the fifth project grade:80 Please enter the sixth project grade:50 Please enter the total possible test grade:400 Please enter test weight in decimal form:.30 Please enter the first test grade:100 Please enter the second test grade:90 Please enter the third test grade:80 Please enter the fourth test grade:50 Jon Doe's grades are: Overall Quiz Grade: 11.75 Overall Participation Grade: 5.0 Overall Project Grade: 41.66666666666667 Overall Test Grade: 24.0 Final Grade: 82.41666666666667 Your Grade: B

In: Computer Science

Barretta Ltd is a manufacturer of racing powerboats. It has designed a new racing boat called...

Barretta Ltd is a manufacturer of racing powerboats. It has designed a new racing boat called the Powerline 3 and expects to produce it in a continuous operation over an 18 month period. During this period, it is expected that a total of sixteen Powerline 3’s will be produced and sold. The production of the boat is a labour intensive operation and units are produced one after another.

The costs of producing the first boat are as follows: Skilled Labour – 1,200 hours at a rate of £40 per hour Unskilled Labour – 1,800 hours at a rate of £30 per hour Materials – £75,000 Overheads – £30 per labour hour worked (total of Skilled and Unskilled)

It is known that in producing any product, Skilled Labour usage experiences an 80% learning curve effect and Unskilled Labour usage experiences a 90% learning curve effect.

Baretta Ltd has decided to set the selling price per unit of the Powerline 3 by using the full cost plus method of pricing, with a profit mark up of 30%


Required: (a) Calculate the minimum selling price of

(i) the first unit of the Powerline 3. (ii) the second unit of the Powerline 3 (iii) the first 16 units of the Powerline 3 if ordered together


(b) Identify the method of setting the selling price that Champions Ltd has chosen. Explain how the learning curve model will affect the calculations for that selling price.
(c) Barretta Ltd Ltd also produce a further powerboat Ripper, which has been in production for a number of years, and to date 492 units of Ripper have been produced. The budget for the next quarter is showing the production of 75 units of Ripper. If the 1st ever unit took 900 hours and an 80% learning curve applies, calculate.
(i) the total labours hours needed for the production of the 75 units of Ripper.  
(ii) the average labour time per unit
(iii) explain where this information may be used by Barretta Ltd Ltd
Note: the learning co-efficient of 80% is -0.322

In: Accounting

3. A property consists of 8 office suites, 3 on the first floor and 5 on...

3. A property consists of 8 office suites, 3 on the first floor and 5 on the second floor. The contract rents are as follows: 2 suites at $1,800 per month, 1 at $3,600 per month and 5, at $1,560 per month. Annual market rent for all suites increase 3% per year after the first year. Vacancy and collection losses are estimated at 10% of potential gross rent per year. Operating expenses and reserve for replacement or capital expenditures are 45% of effective gross income each year. The expected holding period is 5 years. At the end of the holding period you are expecting to sell the property for $1,180,472.

A. Prepare the first year pro forma generating the NOI for year 1.

B. The information below represents the NOI and sales price for 5 comparable properties. Using the information provided from the market we can see that the average cap rate is 8.4%. Using this average cap rate obtained below and the NOI obtained in question A, what is your estimate of value via the direct capitalization approach?

Year 1 Sales

NOI Price   Ro

A 80000 / 919540 = 0.087

B 114000 / 1390244 = 0.082

C 100000 / 1250000 = 0.080

D 72000 / 808989 = 0.089

E 90000 / 1097561 = 0.082

Average = 0.084

C. With the growth rate in income, the expected holding period of 5 years and the sales price estimate at the end of the holding period, estimate the present value of the property via the discounted cash flow approach with a discount rate of 10%.

D. I obtained the following information on 3 sales that includes the sales price and the one year income. Using the income multiplier give your estimate of value for the subject property based on your Effective Gross Income calculated in question A.

A B C

Recent sales prices 1,044,120 1,151,720 904,050

Effective Gross Income   158,200 175,300 143,500

Income multiplier 6.60    6.57 6.30

In: Finance

ACCT 110 ASSIGNMENT FOUR Mercado Company’s inventory transactions in the fiscal year ended December 31, 2002,...

ACCT 110 ASSIGNMENT FOUR Mercado Company’s inventory transactions in the fiscal year ended December 31, 2002, follow: Jan 1 Beginning inventory…………………. 700 units @ $55/unit Feb 10 Purchase……………………………… 550 units @ $56/unit Mar. 13 Purchase………………………………. 220 units @ $57/unit Aug 21 Purchase……………………………… 270 units @ $58/unit Sept. 5 Purchase…………………………….. 445 units @ $59/unit Mercado company uses a perpetual inventory system. Its inventory had a selling price of $100 per unit, and it entered into the following sales transactions: Feb. 15 Sales………………………………………… 530 units @$100/unit Aug. 10 Sales………………………………………… 235 units @100/unit Required 1. Compute both cost of goods available for sale and the number of units available for sale. 2. Compute the number of units remaining in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) specific identification (note: 700 units from beginning inventory and 65 units from February 13 purchase are sold), and (d) weighted average.

In: Accounting

(a) A micro-entrepreneur produces caps and hats for women. The output-cost data of the business is...

  1. (a) A micro-entrepreneur produces caps and hats for women. The output-cost data of the business is reproduced below:

Output

Total Cost

50

870

100

920

150

990

200

1240

250

1440

300

1940

350

2330

TC = 944.29 - 2.24Q + 0.02Q2

Using the above estimated total cost equation determine the average and marginal cost functions. Determine the output rate that will minimize average cost and the per-unit cost at that rate of output. The current market price of caps and hats per unit is Tk. 6.00 and is expected to remain at that level for the foreseeable future. Should the firm continue its production?

(b) Using the following cost data how would you estimate your short run supply curve. If there are 100 firms in the industry, would be the industry supply? [ Hint. Think about the relationship between MC and AVC and find the output supply of a single a firm]

OUTPUT

FC

VC

TC

ATC

AVC

MC

0

100

1

125

2

145

3

157

4

177

5

202

6

236

7

270

8

326

9

398

10

490

In: Economics

FCOJ, Inc., a prominent consumer products firm, is debating whether to convert its all-equity capital structure...

FCOJ, Inc., a prominent consumer products firm, is debating whether to convert its all-equity capital structure to one that is 30 percent debt. Currently, there are 5,800 shares outstanding, and the price per share is $57. EBIT is expected to remain at $32,000 per year forever. The interest rate on new debt is 8 percent, and there are no taxes.

  

a.

Allison, a shareholder of the firm, owns 100 shares of stock. What is her cash flow under the current capital structure, assuming the firm has a dividend payout rate of 100 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What will Allison’s cash flow be under the proposed capital structure of the firm? Assume she keeps all 100 of her shares. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. Assume that Allison unlevers her shares and re-creates the original capital structure. What is her cash flow now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

In: Finance

In C++ Please Problem   1:   How   to   calculate   a   home's   value   Housing economists have long used...

In C++ Please

Problem   1:   How   to   calculate   a   home's   value  


Housing economists have long used a home price/rent ratio as one way to gauge whether or not home prices are inflated or undervalued.


A housing P/E


The use of a price/rent ratio is analogous to employing a price/earnings ratio for stocks. When a stock price is high, and its earnings per share relatively low, the P/E is high. A high P/E often indicates that the stock is too expensive, and the share price is headed for a drop.
What someone is willing to pay to rent a place is that home's "earnings." And, just as in the stock market, a high home price related to the rental earnings mean homes values will probably drop.
For a specific look at how a home's P/E is determined, let's consider a home that is listed for either rent or sale in suburban Chicago.
The home has been rented for the past three years for $1,600 per month; so that is $19,200 per year. It is currently listed for sale at $400,000. Dividing the price by the total annual rent of $19,200 gives a "housing P/E" of 20.83. According to Moody's Economy.com, the long-run average housing P/E is 16, so a P/E of 20.83 suggests that this home may be somewhat overpriced.


For this programming project you will read in a list of housing prices and how much each house is rented for that are found in the attached HousingPrices.txt file. The file looks like this:


713047 1246
1605787 1979
1174719 1879
1018239 1700


Where the first value on each line is the price of the home, and the second number on each line is the price that this home currently rents for per month.
Read these numbers in from the file into 2 separate arrays of size 100, since there are 100 home prices/rents in the file. Do this part in your main method.   
Then use a for-loop to loop through the arrays and for each pair of values send them into a method that you will write called "getHousingPE". Your method will have two parameters; the price of the home and the current monthly rental rate of the home. Your method will calculate and then return the homes “housing P/E”.   
Check each homes returned P/E value and if the P/E value is greater than 16 you should write to the output “House # is somewhat overpriced”; where # is the number of the house in the file (1100). If the P/E is greater than 19 then you should write to the output “House # is way overpriced”. If the P/E is less than 12 then you should write to the output "“House # might be a good deal”. And if the P/E is less than 9 then you should write “Buy House #, it is a deal”. If the P/E is between 12-16 then output "House # is average".

Problem   2:   Determining   Left   or   Right    

For   this   programming   project   you   are   to   read   in   a   list   of   street   addresses   and   determine   how   many   of   those   addresses   are   on   the   right   side   of   the   street,   and   how   many   are   on   the   left.   The   street   addresses   file   is   a   text   file   that   looks   like:  
  
6 S 33rd St

6 Greenleaf Ave

618 W Yakima Ave

74 S Westgate St

3273 State St
  

You   can   determine   if   an   address   is   either   on   the   left   or   right   side   of   the   street   by   looking   at   the   number   of   the   address;   all   even   numbers   are   on   the   right   side   of   the   street,   and   all   odd   numbers   are   on   the   left   side   of   the   street.  
  
You   will   read   your   data   into   2   arrays;   an   integer   array   to   hold   the   street   number,   and   a   String   array   to   hold   the   rest   of   the   address.       These   will   be   parallel   arrays,   meaning   the   street   number   and   street   address   of   each   index   are   related   to   each   other.  
  
Remember   to   draw   a   picture   so   that   you   can   visualize   this.  
  
You   will   need   to   write   a   method   that   will   determine   if   each   house   is   on   the   left   or   right   side   of   the   street.  
  
You   will   call   this   method   for   every   street   address,   and   then   keep   a   count   of   how   many   houses   are   on   the   left   and   right   sides   of   the   street.  
  
The   output   should   be   the   street   number   and   address   and   then   whether   the   house   is   on   the   left   or   right   side   of   the   street:  
  
Address Left/Right

6649 N Blue Gum St left

4 B Blue Ridge Blvd right

8 W Cerritos Ave #54 right

639 Main St left


  

The   number   of   houses   on   the   left   and   right   sides   of   the   street   should   also   be   output.  

In: Computer Science