After Kelo, what takings would still be outside the scope of
public use?
Consider the following scenario: Citizen A owns a large home in San
Mateo County, California, on the ocean south of San Francisco, in
which has lived for 15 years.
San Mateo County proposes to condemn A's home and transfer it to
Citizen B for the purpose of operating a restaurant and small
hotel, both open to the public
Does the taking viloate the Fifth Amendment?
Does the following excerpt from justice Steven’s opinion
help?
“ It is further argued that without a bright-line rule nothing
would stop a city from transferring citizen A's property to citizen
B for the sole reason that citizen B will put the property to a
more productive use and thus pay more taxes. Such a one-to-one
transfer of property, executed outside the confines of an
integrated development plan, is not presented in this case. While
such an unusual exercise of government power would certainly raise
a suspicion that a private purpose was afoot,17 the hypothetical
cases posited by petitioners can be confronted if and when they
arise.18 They do not warrant the crafting of an artificial
restriction on the concept of public use”
how would you distinguish the citizen A hypothetical from kelo?
In: Economics
The Week 7 Case Study
Assignment is an individual assignment that requires you to analyze
a select group of alternative industries to determine which is most
likely to perform best over the next 12 months. Factors to consider
when comparing the industry groups include how the current and
prospective economic conditions over the next year will affect them
and the current and prospective domestic and global supply and
demand conditions in their markets.
Review briefly the list of industries below and pick two major
groups to analyze. Submit your choice of industries as your Week 7
Case Study Assignment.
In: Operations Management
QUESTION 2: STOCK CHARACTERISTICS AND VALUATION
a) Compute the value of a share of common stock of Lexus Hotel
Berhad whose most recent dividend was RM2.50 and is expected to
grow at 3.50 percent per year for the next 5 years, 5 percent per
year for the next 3 years, after which the dividend growth rate
will increase to 6 percent per year indefinitely. Assume 10.00
percent required rate of return.
b) Glass Art Manufacturing Berhad has a beta of 1.50, the risk-free
rate of interest is currently 12 percent, and the required return
on the market portfolio is 18.00 percent. The company plans to pay
a dividend of RM1.96 per share in the coming year and anticipates
that its future dividends will increase at an annual rate
consistent with that experienced over the 2016-2018 period.
|
Year |
Dividend (RM) |
|
2016 |
1.68 |
|
2017 |
1.77 |
|
2018 |
1.86 |
Estimate the value of Glass Art Manufacturing's stock.
c) Tina's Medical Equipment Berhad paid RM1.15 common stock
dividend last year. The company's policy is to allow its dividend
to grow at 5.50 percent per year indefinitely. Estimate the value
of the stock if the required rate of return is 8.50 percent.
In: Finance
A) Find the equation of the tangent line to the curve y = 5e-8x at the point (0, 5).
B) Solve for t.
e0.09t = 9
C) Rancher Johann wants to build a three-sided rectangular fence
near a river, using 280 yards of fencing. Assume that the river
runs straight and that Johann need not fence in the side next to
the river.
Johann wants to build a fence so that the enclosed area is
maximized.
D) Find the absolute maximum and minimum values on the closed interval [-3,3] for the function below. If a maximum or minimum value does not exist, enter NONE.
f(x) = (4x)/(x2 + 1)
E) When a baseball park owner charges $5.00 for admission, there is an average attendance of 100 people. For every $0.25 increase in the admission price, there is a loss of 2 customers from the average number.
F) Find the derivative.
f(x) = x6 · e2x
In: Math
The city of Laurelville recently opened a private parking lot in its downtown area for the benefit of city residents. A guard has been hired to patrol the lot and to issue numbered parking stickers to residents submitting an application form and showing evidence of residency. Once a resident has a sticker, they may park in the lot for 12 hours for $1. The guard inspects for stickers on all parked cars, as well as the meter time gauges to see that all fees have been paid. The complete application forms are maintained in the guard's office.
By using a master key, the guard takes coins from the meters weekly and places them in a locked collection box. The guard delivers the box to the city storage department, where a clerk opens it, manually counts the coins, puts the cash in a safe, and records the total on a weekly cash report. This report is sent to the city's accounting department. The day following the cash count, the city treasure's office picks up the cash and manually recounts it, prepares a deposit slip, and makes the deposit at the bank. The deposit slip, authenticated by a bank teller, is sent to the accounting department, where it is filed with the corresponding cash report.
Required: Decribe weaknesses in this system and recommend improvements to strengthen the control procedures.
In: Accounting
1) Suppose that a company has fixed costs of $15 per unit and variable costs $11 per unit when 15,500 units are produced. What are the fixed costs per unit when 11,000 units are produced?
2)Total costs for ABC Distributing are $240,000 when the activity level is 9,000 units. If variable costs are $3.0 per unit, what are their fixed costs?
3)Park and West, LLC, provides consulting services to retail merchandisers in the Midwest. In 2019, they generated $750,000 in service revenue. Their total cost (fixed and variable) per client was $2,650 and they served 105 clients during the year. If operating expenses for the year were $300,000 what was their net income?
4)
Rose Company has a relevant range of production between 10,000 and 25,000 units. The following cost data represents average cost per unit for 15,000 units of production.
|
Average Cost per Unit |
|
| Direct Materials | $12 |
| Direct Labor | 10 |
| Indirect Materials | 2 |
| Fixed manufacturing overhead | 4 |
| Variable manufacturing overhead | 3 |
| Fixed selling and administrative expense | 8 |
| Variable Sales commissions | 25 |
If 20,500 units are produced, what are the total manufacturing overhead costs incurred?
In: Accounting
3. A survey found that women’s heights are normally distributed
with a mean of 62.7 in. and standard deviation 2.7in. The survey
also found that men’s heights are normally distributed with a mean
68.1 in and a standard deviation of 2.66 in. Complete parts (a)
through (c) below.
Most of the life characters at an amusement park have height
requirements with a minimum of 4ft 7 in. and a maximum of 6ft 3
in.
a) Find the percentage of women meeting the height requirements.
Round to four decimal places.
b) Find the percentage of men that meet the requirements. Round
to two decimal places.
c) If the height requirements are changed to exclude only the
tallest 6% of men and the shortest 6% of women, that are the new
height requirements? Round to one decimal place.
4. Assume that women’s heights are normally distributed with a
mean given by µ = 62.5 in, and a standard
deviation given by σ = 2.2 in.
a) If 1 woman is randomly selected, find the probability that her
height is less than 64 in. Round to four decimal places.
b) If 10 women are randomly selected, find the probability that
they have a mean height less than 64 in. Round to four decimal
places.
5 . Express the confidence interval 0.333 < p < 0.777 in
the form
= …….. ± ………
In: Statistics and Probability
Katerah City maintains the following funds: a) General b) Special revenue c) Capital projects d) Debt service e) Enterprise f) Investment trust g) Permanent h) Agency For each of the following transactions, indicate which fund would most likely be used to report the transaction (each fund will be used once): 1. The city collects $1 million of taxes for an independent fire district located within the city. 2. The city spends $1.2 million on street maintenance using the proceeds of a city gas tax dedicated for road and highway maintenance and improvements. 3. The city receives a bequest of $1.5 million. The donor’s will, requires that the principal amount be invested in perpetuity and that the earnings on the investment be used to maintain a city park to be renamed for the donor. 4. The city collects water and sewer fees of $4.2 million. 5. The city pays $4 million to a contractor for work on a new bridge. 6. The city receives $1.3 million to invest on behalf of the county. 7. The city pays its police officers wages of $325,000. 8. The city pays $2.2 million in bond interest on its general obligation debt. I need help. Thank you
In: Accounting
In accordance with the current Conceptual Framework, define liability as one of the five elements of the statutory financial statements and outline its recognition criteria.
Further, explain whether or not you would recognise each of the following independent items as a liability, by reference to the abovementioned liability definition and recognition criteria:
In: Accounting
Your company, XYZ, Inc., wants to create an outdoor area adjacent to its office building for its employees to enjoy during lunch, breaks or during non-business hours.The city, Village Township, has restrictions of the use of the land (zoning) and the type of structures that may be erected on the land. The plans that your company have created is in violation of the city ordinances. Your company does not want to spend a lot of money to resolve negotiate with the city regarding the ordinance problem because the plans and cost of building the park are over budge. You are in charge of helping find a resolution for this conflict with the city. You report directly to the CEO of XYZ, Inc., and she has asked you to research whether arbitration, mediation or litigation would be in the best interest of both parties to resolve this conflict.
In: Operations Management