| Year | C | Yd | wealth | interest |
| 1947 | 976.4 | 1035.2 | 5166.8 | -10.351 |
| 1948 | 998.1 | 1090.0 | 5280.8 | -4.720 |
| 1949 | 1025.3 | 1095.6 | 5607.4 | 1.044 |
| 1950 | 1090.9 | 1192.7 | 5759.5 | 0.407 |
| 1951 | 1107.1 | 1227.0 | 6086.1 | -5.283 |
| 1952 | 1142.4 | 1266.8 | 6243.9 | -0.277 |
| 1953 | 1197.2 | 1327.5 | 6355.6 | 0.561 |
| 1954 | 1221.9 | 1344.0 | 6797.0 | -0.138 |
| 1955 | 1310.4 | 1433.8 | 7172.2 | 0.262 |
| 1956 | 1348.8 | 1502.3 | 7375.2 | -0.736 |
| 1957 | 1381.8 | 1539.5 | 7315.3 | -0.261 |
| 1958 | 1393.0 | 1553.7 | 7870.0 | -0.575 |
| 1959 | 1470.7 | 1623.8 | 8188.1 | 2.296 |
| 1960 | 1510.8 | 1664.8 | 8351.8 | 1.511 |
| 1961 | 1541.2 | 1720.0 | 8971.9 | 1.296 |
| 1962 | 1617.3 | 1803.5 | 9091.5 | 1.396 |
| 1963 | 1684.0 | 1871.5 | 9436.1 | 2.058 |
| 1964 | 1784.8 | 2006.9 | 10003.4 | 2.027 |
| 1965 | 1897.6 | 2131.0 | 10562.8 | 2.112 |
| 1966 | 2006.1 | 2244.6 | 10522.0 | 2.020 |
| 1967 | 2066.2 | 2340.5 | 11312.1 | 1.213 |
| 1968 | 2184.2 | 2448.2 | 12145.4 | 1.055 |
| 1969 | 2264.8 | 2524.3 | 11672.3 | 1.732 |
| 1970 | 2317.5 | 2630.0 | 11650.0 | 1.166 |
| 1971 | 2405.2 | 2745.3 | 12312.9 | -0.712 |
| 1972 | 2550.5 | 2874.3 | 13499.9 | -0.156 |
| 1973 | 2675.9 | 3072.3 | 13081.0 | 1.414 |
| 1974 | 2653.7 | 3051.9 | 11868.8 | -1.043 |
| 1975 | 2710.9 | 3108.5 | 12634.4 | -3.534 |
| 1976 | 2868.9 | 3243.5 | 13456.8 | -0.657 |
| 1977 | 2992.1 | 3360.7 | 13786.3 | -1.190 |
| 1978 | 3124.7 | 3527.5 | 14450.5 | 0.113 |
| 1979 | 3203.2 | 3628.6 | 15340.0 | 1.704 |
| 1980 | 3193.0 | 3658.0 | 15965.0 | 2.298 |
| 1981 | 3236.0 | 3741.1 | 15965.0 | 4.704 |
| 1982 | 3275.5 | 3791.7 | 16312.5 | 4.449 |
| 1983 | 3454.3 | 3906.9 | 16944.8 | 4.691 |
| 1984 | 3640.6 | 4207.6 | 17526.7 | 5.848 |
| 1985 | 3820.9 | 4347.8 | 19068.3 | 4.331 |
| 1986 | 3981.2 | 4486.6 | 20530.0 | 3.768 |
| 1987 | 4113.4 | 4582.5 | 21235.7 | 2.819 |
| 1988 | 4279.5 | 4784.1 | 22332.0 | 3.287 |
| 1989 | 4393.7 | 4906.5 | 23659.8 | 4.318 |
| 1990 | 4474.5 | 5014.2 | 23105.1 | 3.595 |
| 1991 | 4466.6 | 5033.0 | 24050.2 | 1.803 |
| 1992 | 4594.5 | 5189.3 | 24418.2 | 1.007 |
| 1993 | 4748.9 | 5261.3 | 25092.3 | 0.625 |
| 1994 | 4928.1 | 5397.2 | 25218.6 | 2.206 |
| 1995 | 5075.6 | 5539.1 | 27439.7 | 3.333 |
| 1996 | 5237.5 | 5677.7 | 29448.2 | 3.083 |
| 1997 | 5423.9 | 5854.5 | 32664.1 | 3.120 |
| 1998 | 5683.7 | 6168.6 | 35587.0 | 3.584 |
| 1999 | 5968.4 | 6320.0 | 39591.3 | 3.245 |
| 2000 | 6257.8 | 6539.2 | 38167.7 | 3.576 |
a. please regress consumption on income and a constant term using formulas, write the calculations. (use word document)
b. Calculate the variance of the marginal propensity to consume (MPC)
c. Calculate R2 of the regression
In: Economics
The company I am using is Adidas, Inc for the year 2019.
Your task is to determine the WACC for a given firm using what you know about WACC, as well as data you can find through research. Your deliverable is a brief report in which you state your determination of WACC, describe and justify how you determined the number, and provide relevant information as to the sources of your data. Select a publicly traded company that has debt or bonds and common stock to calculate the current WACC. One good source for financial data for companies, as well as data about their equity, is Yahoo! Finance. By looking around this site, you should be able to find the market capitalization (E) as well as the ÎČ for any publicly traded company. There are not many places left where data about corporate bonds is still available. One of them is the Finra Bonds website. To find data for a particular companyâs publicly traded bonds use the Quick Search feature, then be sure to specify corporate bonds and type in the name of the issuing company. This should give you a list of all of the companyâs outstanding bond issues. Clicking on the symbol for a given bond issue will lead you to the current amount outstanding and the yield to maturity. You are interested in both. The total of all bonds outstanding is D in the above formula. If you like, you can use the YTM on a bond issue that is not callable as the pre-tax cost of debt for the company.
Assumptions: As you recall, the formula for WACC is: rWACC = (E/E+D) rE + D/(E+D) rD (1-TC) The formula for the required return on a given equity investment is: ri= rf + ÎČi * (RMkt-rf) RMkt-rf is the Market Risk Premium. For this project, you may assume the Market Risk Premium is 5% unless you can develop a better number. rf is the risk-free rate. The risk-free rate is normally the yield on US Treasury securities such as a 10-year treasury. For this assignment, please use 3.5%. You may assume a corporate tax rate of 40%.
Submit the following: Write a 350- to 700-word report that contains the following elements: Your calculated WACC How data was used to calculate WACC (provide the formula and the formula with your values substituted) Sources for your data A discussion of how much confidence you have in your answer, including what the limiting assumptions you made were, if any Include a MicrosoftÂź ExcelÂź file showing your WACC calculations discussed above.
In: Accounting
Cost-Volume-Profit Analysis â Jimâs Computers Jim Jasons is thinking about starting a company to produce high performance video gaming computers. He loves playing video games. He sees it as an opportunity to be his own boss, making a living doing what he likes best. Jim paid $1,000 for training, and he has already purchased new equipment costing $10,000 to assemble the computers. He estimates that it will cost $750 in materials (case, monitor, keyboard, graphics card, CPU, etc.) to make each computer. If he decides to make computers full time, he will need to rent office and manufacturing space at an estimated $1,200 per month for rent plus another $300 per month for various utility bills. Jim would perform all the manufacturing and run the office, and he would like to pay himself a salary of $5,000 per month. Jim plans to hire two salespeople at a base salary of $1,500 each per month plus a commission of $100 per computer. Jim plans to sell each computer for $1,500. He believes that he can sell 50 computers in December for Christmas, but he is not sure what the sales will be during the rest of the year. However, he is sure that the computers will be popular because so many of his friends play video games. Overall, he is confident that he can pay all his business costs, pay himself, the monthly salary of $5,000 and earn at least $2,000 more than that per month. (Ignore income taxes.)
The following questions will help you analyze the information for this problem. Use Excel for all calculations and Microsoft Word for the written portion. One team member will submit one file in Canvas. You will be graded on accuracy and organization.
A. Preform analyses to estimate the number of computers Jim would need to manufacture and sell each year for his business to be financially successful:
1. List all the costs described and indicate whether each cost is (a) a relevant fixed cost, (b) a relevant variable cost, or (c) NOT relevant to Jimâs decision.
2. Calculate the contribution margin per unit and the contribution margin ratio.
3. Write down the total cost function for the computers and calculate the annual breakeven point in units and in revenues.
4. How many computers would Jim need to sell annually to earn $2,000 per month more than his salary?
In: Accounting
There are at least 10 errors in the following C program. For each error you can find you should list the location of the error, describe what the error is, and state how the error can be fixed (write updated code for that line if necessary). Each error you find is worth 1.5 marks. Note that missing brackets, braces, etc count as only one error, even though the missing brackets may occur at two places.
The program is supposed to perform the following task: Read a list of names and heights from a file called âheights.txtâ. Each line of the file contains a single name (one word, 50 chars max) and an integer value representing that personâs height in cm. These names and heights should be stored in two arrays, with a maximum size of 1000. Once this is done, the user should be asked to enter a minimum and maximum height (in cm), and the program should display all people whose heights fall between those values (inclusive). If a zero is entered for either criteria, then that criteria is not checked. For example, if the user enters 0 for the maximum height, then there is no maximum value and all people above the minimum height will be listed. If both values are zero then all people will be listed. The names and heights should be displayed one per line, with the name first followed by a colon, then the height in cm. At the end of the program the total number of people matching the search criteria should be displayed as well.
1 #include <stdio.h>
2
3 int main ( void ){
4
5 int heights[1000], i, n = 0, total = 0, min,
max ;
6 char names[50][1000] ;
7 file *fp ;
8
9 fp = fopen ( "heights.txt", "w" )
;
10 if ( fp == NULL ){
11 printf ( "Cannot
open heights.txt for reading\n" ) ;
12 exit ( -1
) ;
13 }
14 while (n<1000 &&
scanf("%c %d",names[n],&heights[n])!=EOF){
15 n++ ;
16 }
17
18 printf ( "Enter minimum height to
display: " ) ;
19 scanf ( "%d", &min ) ;
20 printf ( "Enter maximm height to
display: " ) ;
21 scanf ( "%d", &max ) ;
22
23 for ( i = 0 , i <= n , i++ ){
24 if ((heights[i]>=min || min==0)|| (heights[i]<=max ||
max==0)){
25 // display the person and height
26 printf ( "%c: %dcm\n", names[i][50], heights[i] ) ;
27 }
28 }
29 printf ( "Total matches: %d\n", total ) ;
30 return (0);
31 }
In: Computer Science
There are at least 10 errors in the following C program. For each error you can find you should list the location of the error, describe what the error is, and state how the error can be fixed (write updated code for that line if necessary). Each error you find is worth 1.5 marks. Note that missing brackets, braces, etc count as only one error, even though the missing brackets may occur at two places.
The program is supposed to perform the following task: Read a list of names and heights from a file called âheights.txtâ. Each line of the file contains a single name (one word, 50 chars max) and an integer value representing that personâs height in cm. These names and heights should be stored in two arrays, with a maximum size of 1000. Once this is done, the user should be asked to enter a minimum and maximum height (in cm), and the program should display all people whose heights fall between those values (inclusive). If a zero is entered for either criteria, then that criteria is not checked. For example, if the user enters 0 for the maximum height, then there is no maximum value and all people above the minimum height will be listed. If both values are zero then all people will be listed. The names and heights should be displayed one per line, with the name first followed by a colon, then the height in cm. At the end of the program the total number of people matching the search criteria should be displayed as well.
1 #include <stdio.h> ;
2
3 int main ( void ){
4
5 int heights[1000], i, n, total, min, max ;
6 char names[1000] ;
7 FILE fp ;
8
9 fp = fopen ( heights.txt, "r" ) ;
10 if ( fp = NULL )
11 printf ( "Cannot open heights.txt for reading\n" )
;
12 exit ( -1 ) ;
13
14 while ( n<1000 && fscanf(fp,"%s %d", &names[n],
&heights[n]) != EOF){
15 n++ ;
16 }
17
18 printf ( "Enter minimum height to display: " ) ;
19 scanf ( "%d", &min ) ;
20 printf ( "Enter maximum height to display: " ) ;
21 scanf ( "%d", &max ) ;
22
23 total = 0 ;
24
25 for ( i = 0 ; i < n ; i++ ){
26 if ( heights[i]>=min || min==0 && heights[i]<=max
|| max==0 ){
27 // display the person and height
28 printf ( "%c: %dcm\n", names[i], heights[i] ) ;
29 total++ ;
30 }
31 i++ ;
32 }
33 printf ( "Total matches: %d\n", total ) ;
34 return (0);
35 }
In: Computer Science
Instructions: âą Use the data sets, the length of major North America rivers, at end of this page and answer the following questions from 1 through to 10. âą Do all your calculation and graphs on Excel spreadsheet, make sure that you give the title of each graph and identify axises. âą Copy and paste your table and graphs in a word document. Explain your finding in a paragraph form.
Questions:
1. Organize the data set I with seven classes. Find frequency distribution that contains frequency, midpoints, class boundaries, relative frequency and cumulative frequency for the data set. Answer the following questions.
2. Make a Frequency Histogram. What is the shape of the distributions?
3. Graph frequency polygon, pie chart, bar graph and Ogive.
4. Find the mean, median and standard deviation of the data set.
5. Find the range in which at least 75% of data will lie. Use Chebyshevâs Theorem.
6. Is it possible to find a range that approximately 68% of data set fall in
7. Find the length of river that corresponds to the 45th percentile.
8. Find the length of river that corresponds to the 20th percentile.
9. Make a box and whisker graph. 1
10. The mean of the lengths of rivers on the South Island of New Zealand that flow to the Pacific Ocean is 131 kilometers with a standard deviation of 80 kilometers. Which data set is more consistent either the length of the South Island of New Zealand or the length of North America rivers?(varies less)
DATA SET
The length (in miles) of Major North American Rivers 729 610 325 392 524 1459 450 465 605 330 950 906 329 290 1000 600 1450 862 532 890 407 525 720 1243 850 649 730 352 390 420 710 340 693 306 250 470 724 332 259 2340 560 1060 774 332 3710 315 2540 618 1171 460 431 800 605 410 1310 500 790 531 981 460 926 375 1290 1210 1310 383 380 300 310 411 1900 434 420 545 569 425 800 865 380 445 538 1038 424 350 377 540 659 652 314 360 301 512 500 313 610 360 430 682 886 447 338 485 625 722 525 800 309 435
answers from 5 to 10 are not responded,
could I see them pls
In: Statistics and Probability
There are at least 10 errors in the following C program. For each error you can find you should list the location of the error, describe what the error is, and state how the error can be fixed (write updated code for that line if necessary). Each error you find is worth 1.5 marks. Note that missing brackets, braces, etc count as only one error, even though the missing brackets may occur at two places.
The program is supposed to perform the following task: Read a list of names and heights from a file called âheights.txtâ. Each line of the file contains a single name (one word, 50 chars max) and an integer value representing that personâs height in cm. These names and heights should be stored in two arrays, with a maximum size of 1000. Once this is done, the user should be asked to enter a minimum and maximum height (in cm), and the program should display all people whose heights fall between those values (inclusive). If a zero is entered for either criteria, then that criteria is not checked. For example, if the user enters 0 for the maximum height, then there is no maximum value and all people above the minimum height will be listed. If both values are zero then all people will be listed. The names and heights should be displayed one per line, with the name first followed by a colon, then the height in cm. At the end of the program the total number of people matching the search criteria should be displayed as well.
1 #include <stdio.h> ;
2
3 int main ( void ){
4
5 int heights[1000], i, n, total, min, max ;
6 char names[1000] ;
7 FILE fp ;
8
9 fp = fopen ( heights.txt, "r" ) ;
10 if ( fp = NULL )
11 printf ( "Cannot open heights.txt for reading\n" )
;
12 exit ( -1 ) ;
13
14 while ( n<1000 && fscanf(fp,"%s %d", &names[n],
&heights[n]) != EOF){
15 n++ ;
16 }
17
18 printf ( "Enter minimum height to display: " ) ;
19 scanf ( "%d", &min ) ;
20 printf ( "Enter maximum height to display: " ) ;
21 scanf ( "%d", &max ) ;
22
23 total = 0 ;
24
25 for ( i = 0 ; i < n ; i++ ){
26 if ( heights[i]>=min || min==0 && heights[i]<=max
|| max==0 ){
27 // display the person and height
28 printf ( "%c: %dcm\n", names[i], heights[i] ) ;
29 total++ ;
30 }
31 i++ ;
32 }
33 printf ( "Total matches: %d\n", total ) ;
34 return (0);
35 }
In: Computer Science
ACCT â MNGT 257 Financial Management Fall 2018
Tandy Company Case Study #1 review of Financial Statements
From the information below prepare, in proper accounting form the,
Income Statement, Balance Sheet, and Statement of Changes in
Ownersâ Equity, and Statement of Cash Flows for 2016 and 2017.
In your Income Statement Calculation, include Subtotals for EBITDA, EBIT, and EBT in addition to Net Income. You must submit your answers in either a MS Word or an MS Excel file.
|
TANDY COMPANY |
Year Ending |
||||
|
6/30/2017 |
6/30/2016 |
6/30/2015 |
|||
|
Common Stock 100,000 shares outstanding |
$460,000 |
$460,000 |
$460,000 |
||
|
Net Receivables |
632,160 |
351,200 |
315,000 |
||
|
Cost of Goods Sold |
5,528,000 |
2,864,000 |
2,706,000 |
||
|
Expenses |
519,988 |
358,672 |
330,000 |
||
|
Interest Expense |
136,012 |
43,828 |
42,500 |
||
|
Property Plant and Equipment |
1,202,950 |
491,000 |
476,000 |
||
|
Less Accumulated Depreciation |
263,160 |
146,200 |
127,300 |
||
|
Income Taxes (40%) |
?? |
58,640 |
80,680 |
||
|
Cash And Cash Equivalents |
7,282 |
57,600 |
37,500 |
||
|
Sales |
6,034,000 |
3,432,000 |
3,300,000 |
||
|
Accounts Payable |
524,160 |
145,600 |
166,000 |
||
|
Notes Payable |
636,808 |
200,000 |
200,000 |
||
|
Accrued Liabilities |
489,600 |
136,000 |
122,000 |
||
|
Depreciation Expense |
116,960 |
18,900 |
19,800 |
||
|
Long Term Debt |
723,432 |
323,432 |
323,432 |
||
|
Inventory |
1,287,360 |
715,200 |
675,000 |
||
|
Dividends |
11,000 |
22,000 |
22,000 |
||
|
Retained Earnings |
32,592 |
203,768 |
104,748 |
||
|
Other Information |
|||||
|
The firm had sufficient taxable income in 2016 and 2015 to obtain a full refund in 2017 |
|||||
|
Net Income for 2016 |
$87,960 |
||||
|
TANDY COMPANY |
Year Ending |
||||
|
6/30/2017 |
6/30/2016 |
6/30/2015 |
|||
|
Common Stock 100,000 shares outstanding |
$460,000 |
$460,000 |
$460,000 |
||
|
Net Receivables |
632,160 |
351,200 |
315,000 |
||
|
Cost of Goods Sold |
5,528,000 |
2,864,000 |
2,706,000 |
||
|
Expenses |
519,988 |
358,672 |
330,000 |
||
|
Interest Expense |
136,012 |
43,828 |
42,500 |
||
|
Property Plant and Equipment |
1,202,950 |
491,000 |
476,000 |
||
|
Less Accumulated Depreciation |
263,160 |
146,200 |
127,300 |
||
|
Income Taxes (40%) |
?? |
58,640 |
80,680 |
||
|
Cash And Cash Equivalents |
7,282 |
57,600 |
37,500 |
||
|
Sales |
6,034,000 |
3,432,000 |
3,300,000 |
||
|
Accounts Payable |
524,160 |
145,600 |
166,000 |
||
|
Notes Payable |
636,808 |
200,000 |
200,000 |
||
|
Accrued Liabilities |
489,600 |
136,000 |
122,000 |
||
|
Depreciation Expense |
116,960 |
18,900 |
19,800 |
||
|
Long Term Debt |
723,432 |
323,432 |
323,432 |
||
|
Inventory |
1,287,360 |
715,200 |
675,000 |
||
|
Dividends |
11,000 |
22,000 |
22,000 |
||
|
Retained Earnings |
32,592 |
203,768 |
104,748 |
||
|
Other Information |
|||||
|
The firm had sufficient taxable income in 2016 and 2015 to obtain a full refund in 2017 |
|||||
|
Net Income for 2016 |
$87,960 |
||||
In: Accounting
Instructions
Read the case study details below then answer the questions.
Dave is a five-year-old sedentary male who was referred to a pediatric dietitian due to his pediatricianâs concerns with his weight gain over the past year. His parents recently divorced and both parents have equal custody. Prior to the divorce Dave was physically active and on a regular schedule of meals and snacks. Now Dave has unlimited access to snacks at both parentsâ homes and his favorite pastimes include watching cartoons and playing video games with his brothers. Dave often snacks while dinner is being made and frequently drinks juice and soda. He often eats meals and sacks while watching TV with or without his mom or dad. He usually refuses to sit down and eat at the dinner table.
In: Nursing
Sunset Boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but his background is in surfing, not business. As a result, the companyâs financial records are not well maintained.
The initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small, and the company has made surfboards only for its own store, the investors havenât required detailed financial statements from Tad. But thanks to word of mouth among professional surfers, sales have picked up recently, and Tad is considering a major expansion. His plans include opening another surfboard store in Hawaii, as well as supplying his âsticksâ (surfer lingo for boards) to other sellers.
Tadâs expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders plus some money borrowed from banks. Naturally, the new investors and creditors require more organized and detailed financial statements than Tad has previously prepared. At the urging of his investors, Tad has hired financial analyst Christina Wolfe to evaluate the performance of the company over the past year.
After rooting through old bank statements, sales receipts, tax returns, and other records, Christina has assembled the following information:
|
2017 |
2018 |
||
|
Cost of goods sold |
$ 255,605 |
$ 322,742 |
|
|
Cash |
36,884 |
55,725 |
|
|
Depreciation |
72,158 |
81,559 |
|
|
Interest expense |
15,687 |
17,980 |
|
|
Selling and administrative expenses |
50,268 |
65,610 |
|
|
Accounts payable |
26,186 |
44,318 |
|
|
Net fixed assets |
318,345 |
387,855 |
|
|
Sales (Revenue) |
501,441 |
611,224 |
|
|
Accounts receivable |
26,136 |
33,901 |
|
|
Notes payable |
29,712 |
32,441 |
|
|
Long-term debt |
160,689 |
175,340 |
|
|
Inventory |
50,318 |
67,674 |
|
|
New equity |
0 |
19,500 |
Sunset Boards currently pays out 40 percent of net income as dividends to Tad and the other original investors, and it has a 21 percent tax rate. You are Christinaâs assistant, and she has asked you to prepare the following:
An income statement for 2017 and 2018.
A balance sheet for 2017 and 2018. (HINT: remember than both sides must balance...force equity to be what it needs to be in order to make this happen...it is the "plug" variable.)
Operating cash flow for each year.
Cash flow from assets for 2018.
Cash flow to creditors for 2018.
Cash flow to stockholders for 2018.
In: Finance