Your company is considering replacing it primary machine press. Given the following information, how many years must the new machine be operational to justify replacing the old press. Provide your answer to the tenth of a year e.g. 1.5 years.
New Machine Cost: $120,000
Savings per year: $2,000
MARR: 10%
Lifetime (years) 20
Resale value 0
In: Economics
The probability that a baby will be a boy is ½ as is the probability that a baby will be a girl. Explain this fact by explaining the mechanism of meiosis in the production of gametes and the process of fertilization. If a family has 4 boys and 3 girls, what is the probability that the next child will be a girl?
In: Biology
an adolescent boy presents with the following: cracked corners of the lips, gums are bleeding, and nails are ridged. What nutrient deficiencies are present? what nutritional recommendations can you make as a health care professional?
In: Nursing
A married couple has 3 children. What is the probability that they have 2 boys and one girl? Note: you can assume that for each birth, p(girl) = 0.5, p(boy) = 0.5.
In: Statistics and Probability
The Black Hills Corporation issued a new series of bonds on January 1, 1990. The bonds were sold at par ($1,000), had a 12% coupon, and matured in 30 years on December 31, 2019. Coupon payments are made semiannually (on June 30 and December 31). (8 points)
a. What was the YTM on the date the bonds were issued?
b. What was the price of the bonds on January 1, 1995 (5 years later), assuming that interest rates had fallen to 10%.
c. Find the current yield, capital gains yield, and total yield on January 1, 1995, given the price as determined in part b.
d. On July 1, 2013 (6.5 years before maturity), Black Hills’ bonds sold for $916.42. What are the YTM, the current yield, and the capital gains yield for that date?
In: Finance
In 1995, was about 10% excess capacity (on average) in the operating expense base. Capacity grew at a compound rate of about 26% from 1995 to 1999, versus households growth at about 21%. As a result, excess capacity in 1999 was a much larger percentage of the expense base, across branches, the call center, on-line activity, transactions processing and account maintenance activity. There are currently 3,880,000 customers, and cost for current customers is 1,381,300,000 which includes excess capacity.
The question is: Noting that excess capacity is charged back to active accounts, if AIMS scaled back to 3,000,000 active households and planned only a 10% excess capacity reserve for future growth, a large proportion of cost could be eliminated. Estimate how much of total cost for 1999 could be eliminated.
In: Accounting
A couple is planning to have a family. Let us assume that the probability of having a girl is 0.48 and a boy is 0.52, and that the gender of this couple’s children are pairwise independent. They want to have at least one girl and at least one boy. At the same time, they know that raising too many kids is difficult. So here’s what they plan to do: they’ll keep trying to have children until they have at least one girl and at least one boy or until they have four kids. Once one of these two conditions are satisfied, they’ll stop. Our goal is to determine the expected number of children this couple will have.
Let X(s) be equal to the number of children with outcome s; e.g., X(GGB) = 3.
a. What are the possible values of X(s)?
b. For each such value i, list the outcomes in the event (X = i). For example, the outcome GGB is part of the event (X = 3).
c. For each such value i, what is P(X = i)? Keep in mind that P(G) = 0.48, P(B) = 0.52 and the gender of the couple’s children a independent of each other.
d. Finally, what is E[X]? That is, on average, how many kids will such a couple have?
In: Statistics and Probability
Jefferson Inc. is in the process of negotiating a lease of equipment with a fair value of $200,000 and must determine the proper lease classification. The following table describes four scenarios under negotiation.
|
1 |
2 |
3 |
4 |
|
|
Ownership Transfer |
No |
No |
No |
No |
|
Lease term (years) |
8 |
10 |
8 |
8 |
|
Asset’s useful life (years) |
12 |
12 |
12 |
12 |
|
Asset’s fair value |
$200,000 |
$200,000 |
$200,000 |
$200,000 |
|
Purchase option that is reasonably certain to be exercised? |
No |
No |
$40,000 |
No |
|
Alternative use of equipment at lease end |
Yes |
Yes |
Yes |
Yes |
|
Payment Type |
BOY |
BOY |
BOY |
EOY |
|
Annual lease payment |
$25,000 |
$25,000 |
$25,000 |
$25,000 |
|
Lessor’s implicit rate (known by lessee) |
Unknown |
Unknown |
5.4544% |
Unknown |
|
Lessee’s incremental borrowing rate |
6% |
6% |
6% |
6% |
|
Guaranteed residual value |
No |
No |
$50,000 |
No |
Solution:
|
1 |
2 |
3 |
4 |
|
|
Transfer of Ownership |
||||
|
Purchase option to be exercised? |
||||
|
Lease term > economic life |
||||
|
PV of lease payments > fair value |
||||
|
Specialized asset |
||||
|
Financing Lease (F) or Operating (O) |
Determine the proper classification for each of the four scenarios using the solution grid above assuming that Jefferson Inc. is the lessee.
In: Accounting
What is the role of art in your life?
In this discussion, I'd like you to think about aesthetics. Your
text describes several categories of art: oral,
plastic, graphic and performance. Describe your participation in
art and consider the role of aesthetics in your life.
You can also write about how art is used to either support or
challenge the social orde
In: Biology
Geary Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $547,200 is estimated to result in $182,400 in annual pretax cost savings. The press falls in the MACRS five-year class (MACRS Table), and it will have a salvage value at the end of the project of $79,800. The press also requires an initial investment in spare parts inventory of $22,800, along with an additional $3,420 in inventory for each succeeding year of the project. Required : If the shop's tax rate is 31 percent and its discount rate is 11 percent, what is the NPV for this project? (Do not round your intermediate calculations.) rev: 09_18_2012 (MC)
A.)$769.68
B.)$2,368.60
C.)$-61,568.94
D.)$808.16
E.)$731.19
In: Finance