Questions
After Kelo, what takings would still be outside the scope of public use? Consider the following...

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...

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.

  • Basic Materials:
    • Aluminum
    • Major Integrated Oil &Gas
    • Nonmetallic Mineral Mining
  • Consumer Goods:
    • Appliances
    • Confectioners
    • Office Supplies
  • Financial:
    • REIT-Healthcare Facilities
    • REIT-Hotel/Motel
    • REIT-Industrial
  • Healthcare:
    • Drugs-Generic
    • Home Health Care
    • Hospitals
  • Industrial Goods:
    • Manufactured Housing
    • Pollution & Treatment Controls
  • Services:
    • Advertising Agencies
    • Air Delivery & Freight Services
    • Drug Stores
    • Electronic Stores
    • Home Improvement Stores
    • Jewelry Stores
  • Technology:
    • Computer Based Systems
    • Long Distance Carriers
    • Personal Computers
  • Utilities:
    • Water Utilities

In: Operations Management

QUESTION 2: STOCK CHARACTERISTICS AND VALUATION (35 MARKS) a) Compute the value of a share of...

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...

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.

  • What should be the length of each side running perpendicular to the river?
    yards
  • What should be the length of the side running parallel to the river?
    yards
  • What is the largest total area that can be enclosed?
    square yards

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.

  1. What admission price should be charged in order to maximize revenue
  2. What is the maximum revenue?

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...

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...

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....

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...

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...

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:

  1. Your company has a 30-year history of donating $5 000 each year to The Salvation Army. So far, no amount has been paid in the current year and nothing has been recorded in the accounts.
  2. Your rich uncle has lent $30 000 to your small business of delivery service (a single proprietorship) to buy a van, and told you to repay him whenever you like.

  1. Yesterday a court of law ordered you and all your business partners to repair significant environmental damage that your partnership firm had caused to a park next to your firm’s premises. However, you do not yet have any idea as to how much this repair work will cost for your partnership business for which negotiations are being planned for two additional loans, each worth $3 million, from City Bank and ZNA Bank respectively.

In: Accounting

Your company, XYZ, Inc., wants to create an outdoor area adjacent to its office building for...

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.

  1. Differentiate the roles of a mediator and arbitrator so your boss clearly understand the difference.
  2. Explain all three options (arbitration, mediation, and litigation) in relation to the conflict with they city.
  3. Explain which option you think is best for the company to resolve this conflict.
    • Describe why it's the best option for the company based on the facts related to the company and the conflict.
    • Provide references to resources that help support for your position.

In: Operations Management