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 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 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, 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 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 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, 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
|
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 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 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