Questions
Write a complete java program to get input of a person’s age and their years of...

Write a complete java program to get input of a person’s age and their years of current USA citizenship. Tell them if they are eligible to run for US House of Representatives, US Senate, or President. At first, have the program just run once and give the answer for the given inputs. Give the answer in a nice format and be clear which offices the person can run for. Write good and complete pseudo code. Next, put that program in a function and call if from a loop that gets input’s from main (no input or output in the function itself). Have the loop run until the user enters 0 for their age. Finally, modify the input GUI so that the user enters only one number if years of citizenship is the same as age (two numbers when they are different). The rules for eligibility are: President: 35 years old and natural born citizen (age and year’s citizenship match) US Senate: 30 years old and 9 years citizenship US House of Representatives: 25 years old and 7 years citizenship.

In: Computer Science

Write a complete java program to get input of a person’s age and their years of...

Write a complete java program to get input of a person’s age and their years of current USA citizenship. Tell them if they are eligible to run for US House of Representatives, US Senate, or President. At first, have the program just run once and give the answer for the given inputs. Give the answer in a nice format and be clear which offices the person can run for. Write good and complete pseudo code. Next, put that program in a function and call if from a loop that gets input’s from main (no input or output in the function itself). Have the loop run until the user enters 0 for their age. Finally, modify the input GUI so that the user enters only one number if years of citizenship is the same as age (two numbers when they are different). The rules for eligibility are: President: 35 years old and natural born citizen (age and year’s citizenship match) US Senate: 30 years old and 9 years citizenship US House of Representatives: 25 years old and 7 years citizenship.

In: Computer Science

Case study 4: Belgium Mills Company SAOG (the Company) is engaged in the milling of wheat...

Case study 4: Belgium Mills Company SAOG (the Company) is engaged in the milling of wheat flour, bran and feed and distributing premium quality wheat products to the Oman market as well as export to African and other neighboring countries. The Company is also involved in production and sale of macaroni, pasta and related food products. Furthermore, it is involved in production and sale of propylene bags. The Company's commercial operation commenced on 1 January 1998. The total revenues reached OMR 53.6 Million, showing an increase of 3.1% over the year before because of higher sales volumes. The export revenues represented 53.8% of the total revenues. The net profit made by the company was about OMR 1.6 Million, showing a decrease of 5.1% compared to the previous year because of higher cost of raw materials and declining profit margins as a result of competition. The expansion of production capacity was expected to be completed by the Month of October 2020, which would increase the production capacity by 50%. Based on the Feasibility study and the review carried by Consultant Office, the Board of Directors decide to invest in Joint Venture with giant Ethiopian industrial and trading group by moving one Spaghetti Production Line to Euthopia. For the year 2020 the company had evaluated the following Opportunities and Threats: Threats Despite stiff competition from local Flour Mills and IFFCO – a Flour Mill Company in Sharjah, UAE, Belgium Mills Company is capable of competing by focusing on implementing high quality standards, providing technical assistance and offering competitive prices only by increase in prođuction capacity and implementing improved technology Opportunities: • Belgium Mills Company was established in 1995 and started commercial production in 1998 with a production capacity of 300 MT per day. The production capacity increased over the years to reach 1500 MT per day in 2012. Belgium Mills Company increased wheat storage capacity in June 2015 by adding 12 new silos which can store 120 thousand MT of wheat. Salalah Mills Company owns grain storage capacity of 161,500 Metric Tons, which is the biggest in Oman. • The sales quantity exported to Somalia was increased by 16% compared with 2018. The company wants to expand its capacity in order to cope with the increased demand and is in need for additional funds. The company decided to raise such funds through the issue of right shares. The details of such issue are as under: The issue period will be; Opening Date: 4ª May 2020 Closing Date: 14h May 2020 Rights Entitlement: Every shareholder as on the Record Date is entitled to about 16.5 Offer Shares for every 100 shares held as on the Record Date. • Eligibility for Subscription: Subscription for the Rights Issue is open to the Shareholders whose names appear in the Bank's shareholder register as on the Record Date. Persons who purchase the rights on the MSM within the trading period of the Rights Issue are also eligible to subscribe for the Offer Shares before the Rights Issue closes. The eligibility to subscribe for Offer Shares shall lapse in case the Shareholder neither exercises his/her right of subscription to the Rights Issue nor sells its 'rights' on the MSM đuring the prescribed period Issue Price Baiza 277 per Offer Share, consisting of issue price 275 plus Baiza 2 towards issue expenses, payable in full on submission of Application Form. Allotment and refunds would be within 3 days of the closure of the Rights Issue.
Estimated issue expenses: The issue expenses of the Rights Issue are estimated at RO 86,550. The issue expenses of the Rights Issue will be met from the amounts collected from Applicants at 2 Baiza per Offer Share and the remainder will be borne by the Bank. Any surplus of the collection towards Issue Expenses over the actual expenses incurred will be retained by the Bank and credited to company’s legal reserve or a special reserve to be established pursuant to Article 126 of the CCL The Financial Advisor & Issue Manager are Muscat Capital Markets SAOC; Legal Advisor to the Issue A & D Law Fim and Statutory Auditor Emst & Young LLC The authorized share capital of the Company consists of 778,000,000 shares of RO 0.100 each. The equity details just before the right issue are as follows: RO 45,850,011 Share capital Legal reserve Retained earnings General reserve Dividend Equalization reserve Investment fluctuation reserve 2,250,150 125,600 358,000 112,580 75,800 30% of the shareholders rejected the offer. Post right issue in pursuant with the provisions of Oman commercial law the company board also decided to come up with a bonus issue for its equity shareholders in June 2020. The bonus share of the company can be issued when the articles of the association is authorized to issue the bonus shares. It is essential to know that if the articles of association do not permit to issue bonus shares, the company should pass a special resolution at the general meeting of the company. As part of the procedure, the company has checked the articles of association which allowed issue of bonus shares and the company confimed enough authorized capital is available. It was accorded that a sum of RO 88,000 can be capitalized out of Dividend Equalization reserve and set free for distribution amongst the equity shareholders for bonus. Each shareholder will be eligible for 1 share for every 85 shares held. You are required: a. In your own words highlight upon the various situations presented in the case and how it will affect the company? (3 marks – Min 150 words) b. Pass necessary journal entries for the rights and bonus taking place in the given scenario. Ignore the entry for share issue expenses. c. Prepare necessary abstract to represent such transactions in Statement of Financial Position.

In: Accounting

Issuing Company                    Years to maturity                  

Issuing Company                    Years to maturity                    Yield

1. General Motors                   10 years                                   6.3 percent

2. NC Dept of Education        15 years                                   3.8 percent

3. US Treasury Strip               20 years, 0 coupon                  2.3 percent

4. York County B&T              15 years                                   5.6 percent                       

5. US Treasury                        10 years                                   3.4 percent

6. US Treasury                        20 years, 3.5 coupon               2.6 percent

7. Apple                                  15 years                                   4.1 percent

Briefly explain why these bonds have different interest rates

Do not use the same answer twice.

  1. Bond 1 and Bond 2?
  1. Bond 2 and Bond 6?
  1. Bond 5 and Bond 6?
  1. Bond 3 and Bond 7?
  1. Bond 4 and Bond 7?

In: Finance

Foreign financial markets 1. A US investor purchased stock in a Canadian company on May 1,...

Foreign financial markets

1. A US investor purchased stock in a Canadian company on May 1, 2018 for C$82.15. The investor sold the stock on June 29 for C$88.75. What is the investor’s percentage return on the investment in Canadian dollars?

2. If the exchange rate for the Canadian dollar wat 1.2940 on May 1 and 1.2268 on June 29, what is the investor’s percentage return on the investment in US dollars?

3. How should an investor whose investment portfolio consists solely of domestic investments expect the risk of the portfolio to change if the investor adds foreign investments to the portfolio? Explain.

4. Name two ways a US investors can include foreign investments in their investment portfolios without the need to buy or sell investments in foreign securities markets.

In: Finance

We still have some room for comment on various financial ratios that you can look up...

We still have some room for comment on various financial ratios that you can look up and explain to us. Please take a look above at the financial ratios that have been covered so far in this discussion and pick a new one, show us its formula, and explain what it tells us about an organization's financial health. However, to add yet another fresh question on this topic...

Applying this new knowledge about the various analytical techniques we discussed this week, if you were tasked with analyzing a company, where would you start? What would you look at? How would you approach the process of determining the financial health of an organization and possibly identify items that need to be fixed within the operation?

In: Accounting

Prime Mortgage Company sanctions a loan application for a 30 year mortgage loan for US$100,000. The...

Prime Mortgage Company sanctions a loan application for a 30 year mortgage loan for
US$100,000. The interest rate on the loan is 12% per annum and the borrower is required to
make equated monthly payments to repay the loan in 30 years (360 months). If the market
rate of interest goes down to 9% per annum, is the loan still worth US$100,000? Why? Why
not? (5 points)


b) If the corn farmer in the example above harvests 60,000 bushels, what amount will he
receive? What if he had not hedged his position? If the corn farmer in the example is able to
harvest only 40,000 bushels and the price per bushel rises to US$3.90 due to short supply of
corn, will his exposure be completely hedged? Why? Why not? Support your answer with
calculations. (5 points)

In: Finance

Assessing Financial Statement Effects InvestmentsOn January 1, 2018, Ball Corporation purchased shares ofLeftwich Company...

Assessing Financial Statement Effects Investments

On January 1, 2018, Ball Corporation purchased shares of Leftwich Company common stock.

a. Assume that the stock acquired by Ball represents 15% of Leftwich’s voting stock and that Ball has

no influence over Leftwich’s business decisions. Use the financial statement effects template (with

amounts and accounts) to record the following transactions.

1. Ball purchased 5,000 common shares of Leftwich at $15 cash per share.

2. Leftwich reported annual net income of $40,000.

3. Ball received a cash dividend of $1.10 per common share from Leftwich.

4. Year-end market price of Leftwich common stock is $19 per share.

b. Assume that the stock acquired by Ball represents 30% of Leftwich’s voting stock and that Ball accounts

for this investment using the equity method because it is able to exert significant influence. Use the

financial statement effects template (with amounts and accounts) to record the following transactions.

1. Ball purchased 5,000 common shares of Leftwich at $15 cash per share.

2. Leftwich reported annual net income of $40,000.

3. Ball received a cash dividend of $1.10 per common share from Leftwich.

4. Year-end market price of Leftwich common stock is $19 per share

Note : Please use the financial statement effects template and also list out the accounts for every transaction and if possible the reason behind a transaction not having a corresponding entry

In: Accounting

Pete's Construction acquired new equipment, paid $50,000 down, and signed a 5%, $200,000 note payable. Both...

Pete's Construction acquired new equipment, paid $50,000 down, and signed a 5%, $200,000 note payable. Both the principal and one-year's interest is due one year from the date of purchase. The cost to install the equipment was $4,000; the cost to test it before placing it on-line was $2,000.

Pete's Construction spent $20,000 to train employees on the above new equipment.
Materials, labour and overhead amounted to $400,000 for the construction of a building started and completed in the current year. The building was worth $600,000 at completion and will house the office operations for the company. Total interest cost recognized during the year was $50,000; $35,000 of that amount qualifies to be capitalized to this building. The land on which the building was constructed cost $100,000, also purchased this year.

A second tract of land was acquired as a building site, for $45,000. A second building on this land also was started during the year but not completed. $5,000 was spent for surveying this second land parcel; $30,000 was spent to excavate the foundation of the building; and $8,000 was spent to clear oak trees on the property.

Pete's Construction was assessed $12,000 by the county for sewers and other infrastructure costs for the site of the completed building.

Because there was so much work involved with this project, Pete took his staff out for a celebration lunch for a cost od $1,000.

Required
From the following transaction information for Pete's Construction Inc. for the current year, determine the ending balances for all property, plant and equipment accounts (including construction in progress). Show how you arrived at your answer for each. Ignore amortization, assume there were no beginning balances, and there is no need to show subsidiary accounts or include discussion.

In: Accounting

V. Rahr and Sons is a Fort Worth brewery founded by Fritz Rahr, a Neeley undergraduate...

V. Rahr and Sons is a Fort Worth brewery founded by Fritz Rahr, a Neeley undergraduate and MBA. Currently the company makes Rahr Blonde Lager, Rahr’s Red, and Ugly Pug brews. They are considering a new beer, Frog Princess, with which to celebrate their ties to TCU. The project includes an initial outlay of $750,000 for the purchase of capital equipment that will be depreciated straight line to zero over six years.

Sales are expected to be $400,000 in years 1-3 and $600,000 in years 4-6. Production costs during years 1-6 are as follows: fixed costs (not including depreciation) are expected to be $150,000 per year; variable costs per year will be 40% of sales. The project will require an initial investment in NWC of 200,000 in year 0.

Beyond year six, the company expects that sales and unlevered net income in year seven will be 4% higher than that in year 6, and will continue growing at 4% per year infinitely. Additionally, in year 7 and beyond, new capital expenditures net of depreciation, and increases in NWC, combined, will be 6% of sales. Assume the marginal tax rate is 21%. The appropriate discount rate is 8%.

What is the NPV of the project? What is the IRR? Should the project be undertaken?

In: Finance