Exercise 20-15 (Algorithmic) (LO. 1)

On January 4, 2017, Martin Corporation acquires two properties from a shareholder solely in exchange for stock in a transaction that qualifies under § 351. The shareholder's basis, the fair market value, and the built-in gain (loss) of each property are:

Martin adopts a plan of liquidation later in the year and distributes Property 2 to a 20% shareholder when the property is worth $424,600.

a. Compute Martin's basis in Property 1 and in Property 2 as of January 4, 2017.
Martin's basis is Property 1 is a ___________(Stepped down/stepped-up/carryover) basis of $_____________.
Martin's basis in Property 2 is a _______________(Stepped down/stepped-up/carryover basis of $______________.

b. Compute Martin's realized and recognized loss on the liquidating distribution of Property 2.
Martin has a realized loss of $____________ and a recognized loss of $_______________

A company is considering the following two dividend policies for the next five years.

Create an Excel spreadsheet to organize your answers to the following problem, and submit your Excel file as an attachment

Part 1: How much total dividends per share will the stockholders receive over the five year period under each policy?

Part 2: If investors see no difference in risk between the two policies, and therefore apply a 9.4% discount rate to both, what is the present value of each dividend stream?

Part 3: Suppose investors see Policy #2 as the riskier of the two. And they therefore apply a 9.4% discount rate to Policy #1 but a 14% discount rate to Policy #2. Under this scenario, what is the present value of each dividend stream?

Part 4: What conclusions can be drawn from this exercise?

In Python
Create a function called ℎ?????. The function has as arguments a list called ?????? and a list
call center.
• List ?????? contains lists that represent points.
o For example, if ?????? = [[4,2], [3,2], [6,1]], the list [4,2] represents the point with coordinate ? at 4 and y coordinate at 2, and so on for the other lists. Assume that all lists within points contain two numbers (that is, they have x, y coordinates).
• List ?????? contains two numbers that also represent a point.
o For example, ?????? = [3,3] represents the point with coordinate ? at 3 and with coordinate y at 3.
• The function must return the point in points closest to center according to the distance calculated using the
formula: ???????e = | ?2 - ?1| + | ?2 - ?1|
o For example, if ?????? = [[4,2], [3,2], [6,1]] and ?????? = [3,3], then the function must return [3,2]
(note that according to the formula the distance between the points is:

▪ |4 − 3| + |2 − 3| = 2

▪ |3 − 3| + |3 − 3| = 1

▪ |6 − 3| + |1 − 3| = 5

An article in the NewYork Times (February 17, 1999) about the PSA blood test for detecting prostate cancer stated that, of men who had this disease, the test fails to detect prostate cancer in 1 in 4 (so called false-negative results), and of men who did not have it, as many as two-thirds receive false-positive results. Let C (C) denote the event of having (not having) prostate cancer and let +(-) denote a positive (negative) test result.

a. Which is true: P(-|C) = 1/4 or P(C|-) = 1/4? P(CC|+) = 2/3 or P(+|CC) = 2/3?

b. What is the sensitivity of this test?

c. Of men who take the PSA test, suppose P(C) = 0.01. Find the cell probabilities in the 2 × 2 table for the joint distribution that cross classifies Y = diagnosis (+,-) with X = true disease status (C,??).

d. Using (c), find the marginal distribution for the diagnosis.

e. Using (c) and (d), find P(C|+), and interpret.

1. Mike took clothes to the cleaners three times last month. First, he brought 4 shirts and 1 pair of slacks and paid 11.95. Then he brought 5 shirts, 2 pairs of slacks, and 1 sports coat and paid 25.92. Finally, he brought 4 shirts and 2 sport coats and paid 23.94. How much was he charged for each shirt, each pair of slacks, and each sports coat?

2. At a pottery​ factory, fuel consumption for heating the kilns varies with the size of the order being fired. In the ​past, the company recorded the figures in the table.

A. Find an equation of the form y=ax^2+bx+c whose graph contains the three points corresponding to the data in the table.

B. How many platters should be fired at one time in order to minimize the fuel cost per platter? What is the minimum fuel cost per platter?

Question 2: AHP
A tourism company want to evaluate four hotels and select the best one using four criteria project's COST, CLEANNESS and DISTANCE and SIZE of the HOTEL. Assume that the company prefers; cleanness two times more than size, cost two times more than distance, and distance 1.5 times more than size.

1. Calculate the weights of each criteria
2. Generate the pair-wise comparison of hotels based on each criterion using the scale of Saaty (1-9)
3. Calculate the score of each hotel based on each criterion
4. Calculate the score of each hotel. Justify the best selection for the company.
5. Calculate CI, and CR. What does the value of CT means?

Which of the following is not a property of a binomial experiment?

Question 15 options:

Question 16

The probability distribution for the number of goals the Norse soccer team makes per game is given below;

Number of Goals Probability

0 0.05

1 0.15

2 0.35

3 0.30

4 0.15

Refer to the probabilities, what is the probability that in a given game the Norse will score 2 goals or more?

Question 16 options:

A uniform probability distribution is a continuous probability distribution where the probability that the random variable assumes a value in any interval of equal length is

Question 20 options:

Directions: Convert the following problems below to c++ equivalent code

Problem 3:

1. Take any 2 digit number from 31 to 99. (You do not have to check the numbers just assume the user will enter a valid number so long as you tell them to).
2. Store an extra copy of this number for later

3.   Add 82 to the number.

4.    Remove the hundreds place from your number

5.    Add 1 to the number.

6.    Subtract this from your original number (stored in step 2).
7.    Output the result obtained

Problem 4:

1.   Select two, single digit, numbers, the first being in the range 2 to 6 and the second being in the range 1 to 9.

2.   Multiply the first number by five.

3.   Add three to that number.

4.   Double the number.

5.   Add the second number to your previous step.

6.   Subtract 6 from the new total and:

The tens place should be the first number given and the ones place should be the second.

Moore Housing Contractors

Moore Housing Contractors is negotiating a deal with Countryside Realtors to build six houses in a new development. Countryside wants Moore Contractors to start in late winter or early spring   when the weather begins to moderate and build through the summer into the fall. The summer months are a busy time for the realty company, and it believes it can sell the houses almost as soon as they are ready-sometimes before. The houses all have similar floor plans and are of approximately equal size; only the exteriors are noticeably different. The completion time is so critical for Countryside Realtors that it is insisting a project management network accompany the con­ tractor's bid for the job with an estimate of the completion time for a house. The realtor also needs to be able to plan its offerings and marketing for the summer. The realtor wants each house to be completed within 45 days after it is started. If a house is not completed within this time frame, the realtor wants to be able to charge the contractor a penalty. Mary and Sandy Moore, the president and vice president of Moore Housing Contractors, are concerned about the prospect of a penalty. They want to be confident they can meet the deadline house before entering into any agreement with a penalty involved. (If there is a reasonable likelihood they cannot house within 45 days, they want to increase their bid to potential penalty charges.)

The Moores are experienced homebuilders, so it was not difficult for them to list the activities involved in building a house or to estimate activity times. However, they made estimates conservatively and tended to increase their pessimistic estimates to compensate for the possibility of bad weather and variations in their workforce. Following is a list of the activities for building a house and the activity time estimates:

1. Develop a CPM/PERT network for Moore House Contractors and determine the probability that the contractors can complete a house within 45 days. Does it appear that the Moores might need to increase their bid to compensate for potential penalties?

2. Indicate which project activities Moore Contractors should be particularly diligent to keep on schedule by making sure workers and materials are always available. Also, indicate which activities the company might shift workers from as the need arises.

A researcher would like to evaluate the effectiveness of a pain-relief patch designed for lower back pain. Prior to testing the patch, each of n = 4 patients rates the current level of back pain on a scale from 1 to 8. After wearing the patch for 90 minutes, a second pain rating is recorded. The data are as follows.

​

                                                Before        After

                                          __________________

                   G = 36                  6          2

                  G² = 784                6          2

                ΣX² = 192                4          4

                                                8          4

                                         ______________________

                                            T = 24   T = 12

                                          SS = 8    SS = 4

Perform an ANOVA and then analyze the data with a t-test. Use the .05 level of significance for both.