Matlab
Given an array of monthly rainfall that covers some number of years
(where each column is a month and each row is a year)
create a function YEARLY that prints the average rainfall for each year
For example, if the information below were to be stored in a 5x12 matrix RAIN...
J F M A M J J A S O N D 2003 1 2 1 2 1 2 1 2 1 2 1 2 2004 1 1 1 1 1 1 1 1 1 1 1 1 2005 2 2 2 2 2 2 2 2 2 2 2 2 2006 1 2 3 1 2 3 1 2 3 1 2 3 2007 5 1 2 4 3 3 5 1 2 4 3 3
Then the function YEARLY(RAIN) would print the result
average rainfall for year 1 is 1.500000 average rainfall for year 2 is 1.000000 average rainfall for year 3 is 2.000000 average rainfall for year 4 is 2.000000 average rainfall for year 5 is 3.000000
Note that only the rain amounts (not the labels) are stored in the input array (RAIN).
In: Computer Science
De Beers, a diamond mining and distribution firm, is one of the most successful monopolies in history. The firm used numerous tactics to successfully control supply and demand. Read the article 'Here's why diamonds are so expensive' (Links to an external site.), and watch the video 'Why engagement rings are a scam' (Links to an external site.) [warning: contains strong language], and respond to the following prompts in a post with a minimum of 250 words. Feel free to bring in additional references to these reply posts. Using economic principles and models, explain how De Beers are able to set high prices for their diamonds? In recent times, rival firms in Canada, Australia, and Russia have found huge deposits of precious stones. What would happen to prices and supply of diamonds if De Beers allowed their competitors to enter the diamond market. Use economic principles and models to explain your answers. In 2004, De Beers was charged by the US Department of Justice for violating antitrust laws. What is the purpose of antitrust laws? What other kind of government policies exist in dealing with monopolies? Now that you have learned about De Beers and the diamond market, would you spend or expect your partner to spend two months of your/your partner's salary on an engagement ring? Explain your answer.
In: Economics
| Amounts are in thousands of dollars (except number of shares and price per share): |
| Kiwi Fruit Company Balance Sheet | ||
| Cash and equivalents | $ | 570 |
| Operating assets | 650 | |
| Property, plant, and equipment | 2,700 | |
| Other assets | 110 | |
| Total assets | $ | 4,030 |
| Current liabilities | $ | 920 |
| Long-term debt | 1,280 | |
| Other liabilities | 120 | |
| Total liabilities | $ | 2,320 |
| Paid in capital | $ | 340 |
| Retained earnings | 1,370 | |
| Total equity | $ | 1,710 |
| Total liabilities and equity | $ | 4,030 |
| Kiwi Fruit Company Income Statement | |||
| Net sales | $ | 7,800 | |
| Cost of goods sold | (5,900 | ) | |
| Gross profit | $ | 1,900 | |
| Operating expense | (990 | ) | |
| Operating income | $ | 910 | |
| Other income | 105 | ||
| Net interest expense | (200 | ) | |
| Pretax income | $ | 815 | |
| Income tax | (285 | ) | |
| Net income | $ | 530 | |
| Earnings per share | $ | 2.00 | |
| Shares outstanding | 265,000 | ||
| Recent price | $ | 34.50 | |
| Kiwi Fruit Company Cash Flow Statement | |||
| Net income | $ | 530 | |
| Depreciation and amortization | 175 | ||
| Changes in operating assets | (90 | ) | |
| Changes in current liabilities | (120 | ) | |
| Operating cash flow | $ | 495 | |
| Net additions to properties | $ | 180 | |
| Changes in other assets | (80 | ) | |
| Investing cash flow | $ | 100 | |
| Issuance/redemption of long-term debt | $ | (190 | ) |
| Dividends paid | (220 | ) | |
| Financing cash flow | $ | (410 | ) |
| Net cash increase | $ | 185 | |
|
Prepare a pro forma income statement, balance sheet, and cash flow statement for Kiwi Fruit assuming a 10 percent increase in sales. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Input all amounts as thousands of dollars. Round earnings per share to 2 decimal places. Omit the "$" sign in your response.) |
|
Kiwi Fruit Company Pro Forma Income Statement |
|
| Net sales | $ |
| Cost of goods sold | |
| Gross profit | $ |
| Operating expense | |
| Operating income | $ |
| Other income | |
| Net interest expense | |
| Pretax income | $ |
| Income tax | |
| Net income | $ |
| Earnings per share | $ |
| Shares outstanding | |
|
Kiwi Fruit Company Pro Forma Cash Flow Statement |
|
| Net income | $ |
| Depreciation and amortization | |
| Changes in operating assets | |
| Changes in current liabilities | |
| Operating cash flow | $ |
| Net additions to property | $ |
| Changes in other assets | |
| Investing cash flow | $ |
| Issuance/redemption of long-term debt | $ |
| Dividends paid | |
| Financing cash flow | $ |
| Net cash increase | $ |
|
Kiwi Fruit Company Pro Forma Balance Sheet |
|
| Cash and equivalents | $ |
| Operating assets | |
| Property, plant, and equipment | |
| Other assets | |
| Total assets | $ |
| Current liabilities | $ |
| Long-term debt | |
| Other liabilities | |
| Total liabilities | $ |
| Paid in capital | $ |
| Retained earnings | |
| Total equity | $ |
| Total liabilities and equity | $ |
In: Accounting
| Amounts are in thousands of dollars (except number of shares and price per share): |
| Kiwi Fruit Company Balance Sheet | ||
| Cash and equivalents | $ | 570 |
| Operating assets | 650 | |
| Property, plant, and equipment | 2,700 | |
| Other assets | 110 | |
| Total assets | $ | 4,030 |
| Current liabilities | $ | 920 |
| Long-term debt | 1,280 | |
| Other liabilities | 120 | |
| Total liabilities | $ | 2,320 |
| Paid in capital | $ | 340 |
| Retained earnings | 1,370 | |
| Total equity | $ | 1,710 |
| Total liabilities and equity | $ | 4,030 |
| Kiwi Fruit Company Income Statement | |||
| Net sales | $ | 7,800 | |
| Cost of goods sold | (5,900 | ) | |
| Gross profit | $ | 1,900 | |
| Operating expense | (990 | ) | |
| Operating income | $ | 910 | |
| Other income | 105 | ||
| Net interest expense | (200 | ) | |
| Pretax income | $ | 815 | |
| Income tax | (285 | ) | |
| Net income | $ | 530 | |
| Earnings per share | $ | 2.00 | |
| Shares outstanding | 265,000 | ||
| Recent price | $ | 34.50 | |
| Kiwi Fruit Company Cash Flow Statement | |||
| Net income | $ | 530 | |
| Depreciation and amortization | 175 | ||
| Changes in operating assets | (90 | ) | |
| Changes in current liabilities | (120 | ) | |
| Operating cash flow | $ | 495 | |
| Net additions to properties | $ | 180 | |
| Changes in other assets | (80 | ) | |
| Investing cash flow | $ | 100 | |
| Issuance/redemption of long-term debt | $ | (190 | ) |
| Dividends paid | (220 | ) | |
| Financing cash flow | $ | (410 | ) |
| Net cash increase | $ | 185 | |
|
Prepare a pro forma income statement, balance sheet, and cash flow statement for Kiwi Fruit assuming a 10 percent increase in sales. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Input all amounts as thousands of dollars. Round earnings per share to 2 decimal places. Omit the "$" sign in your response.) |
|
Kiwi Fruit Company Pro Forma Income Statement |
|
| Net sales | $ |
| Cost of goods sold | |
| Gross profit | $ |
| Operating expense | |
| Operating income | $ |
| Other income | |
| Net interest expense | |
| Pretax income | $ |
| Income tax | |
| Net income | $ |
| Earnings per share | $ |
| Shares outstanding | |
|
Kiwi Fruit Company Pro Forma Cash Flow Statement |
|
| Net income | $ |
| Depreciation and amortization | |
| Changes in operating assets | |
| Changes in current liabilities | |
| Operating cash flow | $ |
| Net additions to property | $ |
| Changes in other assets | |
| Investing cash flow | $ |
| Issuance/redemption of long-term debt | $ |
| Dividends paid | |
| Financing cash flow | $ |
| Net cash increase | $ |
|
Kiwi Fruit Company Pro Forma Balance Sheet |
|
| Cash and equivalents | $ |
| Operating assets | |
| Property, plant, and equipment | |
| Other assets | |
| Total assets | $ |
| Current liabilities | $ |
| Long-term debt | |
| Other liabilities | |
| Total liabilities | $ |
| Paid in capital | $ |
| Retained earnings | |
| Total equity | $ |
| Total liabilities and equity | $ |
In: Accounting
Case: Airport Authority
The Airport Authority (AA) has been under considerable pressure from the Regional Government to increase capacity at Changow Airport. Originally built fifty years ago as a small regional airport serving a population of 250000, Changow's single runway is at full capacity for 20 hours of the day. The region's population has climbed to over 5 million and much of this growth in air travel is due to the rapid economic expansion of the region from industry and tourism.
The options facing the AA are not attractive. To increase capacity at Changow presents some serious engineering problems on the only available land to the north, over which a new runway must be built. The problems are due to local geology and some regular flooding from the Hankse River delta flowing nearby. A residential population of about 1 million lives within an area of 15 kilometers to the north of the airport and they believe that their lives would be affected severely by a major new runway.
Moreover, economic developments close to the airport crowd right up to the southern boundary, which is the only suitable means of access from Changow city for a wider road. The land close to the east and west boundaries contains mainly high income residential properties, mixed with isolated green sites, containing rare natural plants, exotic birds and other small wildlife. The State Government recently designated some of these areas as ‘National Heritage Sites’.
The other option is to build a completely new airport at Fongow, at a distance of forty kilometers from Changow, in agricultural land, presently farmed by thousands of small holders, whose families have worked the land there for many generations. New access roads would be needed, plus, perhaps a railway system which would require many bridges and tunnels, and the airport would be close to high wooded hills. There are doubts about the operational feasibility of building an airport so far from the regional capital.
The local political representatives, all members of the governing coalition, favor expansion of Changow airport on the grounds of ‘national economic development’, ‘social progress’ and national pride. So does local business, which claims that the current airport is holding back economic expansion in the region. Airport passengers, business and tourist alike, are plagued by long delays to flights and missed connections, and traffic jams during access and egress/way out along the airport's single and inadequate southern road to Changow city.
Public disquiet/worry about proposals to expand Changow airport have surfaced and are attracting media interest. The main opposition comes from local residents around the airport, though they do not yet form a majority. On the southern boundary, people living along the main road to the airport oppose widening the road because this would mean demolishing many thousands of homes. People living just behind these houses oppose widening because this brings the new road right up to their properties. A ‘Homes Before Roads’ campaign is underway.
People to the north oppose a new airport runway because of the impact during construction and afterwards on the residents who would have to move to make way for it, and on those left behind, who would be near aircraft taking off and landing. A ‘Hands off the Hankse’ campaign has been formed.
In: Operations Management
Positive account theory changes the ways of thinking in accounting theory, explain the effect of positive accounting theory with the main theories that effect in creating the positive theory? What are the main advantages and criticisms of positive accounting theory?
In: Accounting
Recognize how changes in supply and demand affect market outcomes and explain the effect of government regulation on prices?
Use your own words and be sure to support your statements with logic and arguments. Post your comments.
In: Economics
a. How do you calculate a commodity's price elasticity of demand?
b. If a commodity's elasticity is -1.25, is its price elasticity elastic or inelastic? Explain. What does that imply about the relative changes in price and quantity?
In: Economics
|
A motor vehicle has annual depreciation of $2,000, oil changes cost $280, automobile insurance cost $420, and license plates cost $140 . What is the annual amount of the total fixed operating cost for this vehicle? |
In: Finance
critically evaluate the impact of the recent financial crisis on modern risk management practices and comprehensively understand the changes which are currently being introduced into financial markets to comply with the new, post-crisis regulatory financial reform
In: Finance