-In C Programming-

Write a program to display the total rainfall for a year. In addition, display the average monthly rainfall, and the months with the lowest and highest rainfall.

Create an array to hold the rainfall values. Create a 2nd parallel array (as a constant) to hold the abbreviated names of the months. I created my arrays to be 1 element bigger than needed, and then disregarded element [0] (so that my months went from [1] = "Jan" to [12] = "Dec").

Populate the array with the rainfall values entered by the user. Then, display the rainfall values. Display the 1st 6 months, followed by the last 6 months Then display the statistics (the total, average, lowest, and highest rainfall).

Calculate the total rainfall. After you get the total, you should be able to calculate the average (use the size (minus 1 if the array was 1 element bigger than needed) of the array). Then find the index of lowest rainfall and the index of highest rainfall. Finally, display the statistics, using the indexes that were found to get the lowest and highest rainfall value and the name of the month from the arrays.

Format the output to 1 decimal place.

There is no validation.

1. Lessee enters into a four-year lease of equipment and concludes that the agreement is a finance lease because the lease contains an option for Lessee to purchase the equipment at the end of the lease and the Lessee is reasonably certain to exercise that option. The arrangement provides the following:

Complete the following schedule to show the impact on the income statement and balance sheet.

• Prepare the journal entries at the time of the lease commencement and for Year 1 of the lease term.

You are considering a project that will pay you $710 in the first year, $2,000 in the second year, and $1,090 in the third year. In the fourth year, the project will pay you a cash flow of 3,000, which starting from the fifth year will grow forever at a rate of 2%. If the interest rate for this project is 12%, and the time-zero cost of starting this project is $10,000, what is the Net Present Value (PV of benefits minus PV of costs) of the project? Round your answer to the first two decimal places.

The value of HILEV firm at the end of one year can be $50 m or $100 m with equal probability of 0.5. The firm has debt with a face value of $50 m that matures in one year. Assume that investors are risk-neutral and the risk free rate is zero. The CEO of the firm decides to substitute assets of the firm with more risky assets immediately, so that the value of the firm at the end of one year is either $30 m or $120 m with equal probability of 0.5. This asset substitution will lead to

A gain of $10 million for stockholders and a loss of $10 million for bondholders

b. A loss of $10 million for stockholders and a gain of $10 million for bondholders

c. No gain or loss to debtholders or equity holders

d. Both debtholders and equity holders will lose $10 million from the increased risk of the business

* I answered C and it was incorrect

Prontor Limited is ready to prepare the master budget for the year of 2019. The company uses full absorption costing system. The Financial Position as at 31st December 2018 is as follows:

Financial Position as at 31st December 2018

                                                                                            145,850                                                  145,850

Sales and inventory data:

East Malaysia          :          2,000 units of Product Z and 2,000 units of Product Y.

       West Malaysia                 :      6,000 units of Product Z and 5,000 units of Product Y.

Selling prices          :   Product Z at $12 per unit            

                                  Product Y at $20 per unit

Planned ending inventory :         400 units of Product Z and 700 units of Product Y

Beginning inventory      : 200 units of Product Z and 350 units of Product Y

   Additional information for Prontor Limited is as follows:

Factory overhead is expected to be as follows: $75,600                                                                    

Selling and Administration expenses are budgeted as below $18,000
The cash flows of the company are projected as below :

Prontor Limited has an arrangement with its bankers that it can borrow money in multiples of $1,000, and pay interest at 12% per annum. Loans are borrowed on the first day of the quarters and repayable on the last day of the quarters in question. Interest is to be paid on repayment of loan.

Calculate

1. Cash Budget
2.   Budgeted Statement of Comprehensive Income for the year ending 31^st December 2019.
3.   Projected Financial Position as at 31^st December 2019.

You are looking to purchase a $300,000 30 year mortgage at 6.5% a) what is the monthly payment b) if you want to pay it off in year 9, how much do you owe? c) How much interest would you have paid? d) if the lender charged 1.5 points, what is the effective interest if you paid it off in year 9?

What is the Macaulay’s Duration of a portfolio of bonds that invests 40% in a 5-year zero coupon bond with a par of $100 and 60% in a 3 year, 5% coupon interest bond (p.a.), with a par of $100. Assume Yield to Maturity is 8% p.a.?

*Please assist with a worked answer

A)

You are expecting to receive $300 at the end of each year in years 3, 4, and 5, and then 500 each year at the end of each year in years 10 through 25, inclusive. If the appropriate discount rate is 9.2 percent, for how much would you be able to sell your claim to these cash flows today?​

B)

You are paying an effective annual rate of 12.93 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on your account? (Enter rate in percents, not in decimals.)

C)

If you put up $43,463 today in exchange for a 10.7 percent, 12 year annuity, what will the annual cash flow be?

Sandy is a single and has the following situation for the year: Sandy's income of $80,000; dividend income of $20,000; interest income of $2,000; short-term capital gain of $8,000 and long-term capital gain of 14,000. She also paid $1,000 on interest charges on her credit card. Her other total exemptions and itemized deductions is 22,000; these amounts will be deducted from her gross income to determine her taxable income. If she is files as a single individual, what is Sandy's marginal tax rate? Use the individual tax rate provided below. Individual Tax Rates: Single Individual Taxable Income You Pay This Amount on the Base of the Bracket Plus This Percentage on the Excess over the Base (Marginal Rate) Average Tax Rate at the Top of Bracket Up to $8925 $0 10.0% 10.0% $8925-36350 $892.50 15.0 13.8 $36250-87850 $4991.25 25.0 20.4 $87850-183250 $17891.25 28.0 24.3 183250-398350 $44603.25 33.0 29.0 $398350-400000 $115586.25 35.0 29.0 Over $400000 $116163.75 39.6 39.6 A. 10.0% B. 20.0% C. 25.0% D. 28.0% E. None of the above

The following are the cash flows of two projects:

Year    Project A    Project B

0 -250    -250

1    130    150

2    130    150

3    130    150

4    130

If the opportunity cost is 10%, what is the profitability index for each project?

Project Profitability Index

A

B