In the town of Hooterville, all the downtown stores are identical and all the people who shop downtown are identical. The town can earn revenue in three ways: • It can charge each store a montly license fee. • It can charge an excise tax on the store’s merchandise. • It can charge shoppers to park on the streets (the only way to get downtown is to drive, so every shopper pays the parking fee). The town’s goal is to maximize its total revenue from all three sources. a) How big should the excise tax be? b) Suppose a court ruling requires the town to provide free parking. Now how big should the excise tax be? If necessary, you can answer in terms of labeled portions of graphs. If you do this, please be sure to say why these portions of your graph are relevant to the problem.

You are looking into a factory to make strained peas. You estimate that the equipment will cost $50,000, which you would depreciate over the 10-year life of the project to a book value of zero. The salvage value of the equipment is zero. You think you can sell 15,000 cans at $2/can. The cost of producing the cans is $0.80 each. Your tax rate will be 40%. You plan to maintain an inventory equal to 25% of revenues and you can salvage 80% of this working capital at the end of the project’s life. You plan to use your garage, which means you will have to pay $2,000/year to park your car elsewhere (the good news is that the $2,000/year is tax-deductible). To estimate the cost of capital for the project you look at the following comparable firms:

r* = 0.17

What is the NPV?

A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100  each month for the three-month season. The team pays the players and manager a total of $1000 each month. The team charges $10 for each ticket, and the average customer spends $8 at the concession stand. Attendance averages 30 people at each home game.

1st attempt

Part 1   (4 points)

The team earns an average of   $   in revenue for each game and   $   of revenue each season.

With total costs of   $   each season, the team finishes the season with   $   of profit.

Part 2   (1 point)

In order to break even, the team needs to sell      tickets for each game. Round to the nearest whole number.

Azzalini and Bowman (1990) analyzed the data of the waiting time (in minutes) of consecutive eruptions of the Old Faithful geyser in Yellowstone National Park. They found that the waiting times can be categorized into two groups in historical data.

-In group 1, waiting time is normally distributed with mean 54 minutes and standard deviation of 2.95.

-In group 2, the waiting time is normally distributed with mean 80 minutes and standard deviation of 7.5.

Suppose that there is a 30% chance that the waiting time is from group 1. They want to simulate the waiting time.

a) Use Excel functions only to simulate the waiting time. Your simulations should contain 500 iterations. you need only to return in one page showing your model and one page displaying the formulas in your model.

b) what is the average waiting time in your simulation?

The data below shows the duration of eruption (in seconds) of a geyser in a national park and the height (in feet) of the eruptions for a typical day. Use Excel to find the best fit linear regression equation, where duration of eruption is the explanatory variable. Round the slope and intercept to one decimal place.

Duration   Height
240   140
237   154
122   140
267   140
113   160
258   140
232   150
105   150
186   160
248   155
243   125
241   136
214   140
114   155
272   130
227   125
237   125
238   139
203   125
270   140
218   140
226   135
250   141
245   140
120   139
267   110
103   140
270   135
241   140
239   135

Provide your answer below:

y = _x + _

QUESTIONS: Look at the photos below and listen to the song, "Kenji," featured on the album, The Rising Tied, by Fort Minor, a side project of Linkin Park band member, Mike Shinoda, a Japanese American whose father's family was interned at a relocation camp during World War II. Read the lyrics to "Kenji" while listening to the song, which includes samples of interviews Shinoda conducted with his father and aunt. In an interview with the Metro Silicon Valley, Shinoda said that he played the song for his family before he made it public, noting that his “…uncle, who is a very stoic Japanese guy, cried when he heard the song” (“Summer of ’42”). How do the lyrics of the song convey the negative effects of internment on the psyche of Japanese Americans? Do you think the internment of Japanese Americans during World War II was justified? Why or why not?

A New York City daily newspaper called “Manhattan Today” charges an annual subscription fee of $594. Customers prepay their subscriptions and receive 290 issues over the year. To attract more subscribers, the company offered new subscribers the ability to pay $560 for an annual subscription that also would include a coupon to receive a 40% discount on a one-hour ride through Central Park in a horse-drawn carriage. The list price of a carriage ride is $550 per hour. The company estimates that approximately 30% of the coupons will be redeemed.

Required:

1. How much revenue should Manhattan Today recognize upon receipt of the $560 subscription price?

2. How many performance obligations exist in this contract?

3. Prepare the journal entry to recognize sale of 11 new subscriptions, clearly identifying the revenue or deferred revenue associated with each performance obligation.

The amount of time that people spend at Grover Hot Springs is normally distributed with a mean of 71 minutes and a standard deviation of 17 minutes. Suppose one person at the hot springs is randomly chosen. Let X = the amount of time that person spent at Grover Hot Springs . Round all answers to 4 decimal places where possible.

a. What is the distribution of X? X ~ N(Correct,Correct)  

b. Find the probability that a randomly selected person at the hot springs stays longer then 90 minutes.  

c. The park service is considering offering a discount for the 7% of their patrons who spend the least time at the hot springs. What is the longest amount of time a patron can spend at the hot springs and still receive the discount?  minutes.

d. Find the Inter Quartile Range (IQR) for time spent at the hot springs.
Q1:  minutes  
Q3:  minutes  
IQR:  minutes

Write a program in Java Using object Orientation Design to determine the status of Mini Van Doors. A logical circuit receives a different binary code to allow opening different doors. The doors can be opened by a dashboard switch, inside or outside handle. The inside handle will not open the door if the child safety lock is on or the master lock is on. The gear shift must be in the park to open the door.

1. A method must be written to indicate the gear shift status and return to main.
2. A method to display which door is open or can be opened.
3. A method to show the status of all doors
4. A method to convert the code to decimal and store in the text file (Character based) as a record.

** MUST USE constructors and methods. The methods should be instantiated by an object. Use simple main. The first bit Stream must be entered by users. The program needs to be interactive