Prof. Business has a self-managed retirement plan through her University and would like to retire in 8 years and wonders if her current and future planned savings will provide adequatefuture retirement income. Here’s her information and goals.

Prof. Business wants a 20-year retirement annuity that begins 8 years from today with an equal annual payment equal to $110,000 today inflated at 2% annually over 8 years. Her first retirement annuity payment would occur 8 years from today. She realizes her purchasing power will decrease over time during retirement.

Prof. Business currently has $640,000 in her University retirement account. She expects these savings and any future deposits into her University and any other retirement account will earn 7.5% compounded annually. Also, she expects to earn this same 7.5% annual return after she retires.

Answer the following questions to help Prof. Business finalize her retirement planning.

1. What is Prof. Business’ desired annual retirement income?

2. How much will Prof. Business need 8 years from today to fund her desired retirement

   annuity?

3. In addition to the $640,000 balance today, Prof. Business will fund her future retirement goal from question 2 by making 8 annual equal deposits at 7.5% compounded annually into her retirement accounts starting a year from today (the last deposit will be made when Prof. Business retires). How large does this annual deposit need to be in additionto the initial $640,000 invested in Prof. Business’ retirement fund?

4. This annual figure from #3 is more than the Prof.’s current annual contribution, which makes her feel a little anxious about her future planned retirement. Also, Prof. Business’annual retirement account contribution is based on a percentage of her salary and willincrease as her salary increases. So, let’s re-plan her retirement income. Let’s account for the fact that her and the University’s contributions to Prof. Business’ Universityretirement plan are based on a certain percentage of her salary and will increase as her salary increases. Based on this formula, her first upcoming end of the year deposit will be$20,200 and let’s assume that her annual deposit and salary will grow at a 2% annualrate over the remaining 7 years (8 total deposits) to Prof. Business’ retirement. Thesedeposits are in addition to the $640,000 she currently has today in the University retirement plan. Answer the following based on these assumptions.

1. a) How much money will Prof. Business have in her retirement account immediately after her last deposit 8 years from today?

2. b) What would be the equal annual payment from her 20-year retirement annuity whose first payment occurs exactly 8 years from today?

The university claims that the average cost of accommodation(μo) within five kilometers is 2000 JD per academic year. A university student is preparing her budget for her first year at the university. She is concerned that the university’s estimate is too low. Having taken AP statistics, she decides to perform the following test of Hypothesis; Ho: μ = 2000 JD Ha: μ ˃ 2000 JD (a)- Describe the type I and type II for this problem (b)- Which of the two errors I or II has more serious consequences for the student, and Why?

Subject: Probability and statistics

Java Programing

Write a program called reverseProg.  

This program will do the following

1. Asks the user to input a string, it reads the string and does the followings
   1. Prints the string in reverse order.
   2. Displays the characters that are in position 7^th, 8^th and 9^th of this string
   3. Displays the length of the string
   4. Displays the string in all UPPER CASE

Sample output example:

Enter a string: Wilmington University

String Entered is: Wilmington University

Wilmington University spelled backward is: ytsirevinU notgnimliW

The 7^th character in the string is: T

The 8^th character in the string is: O

The 9^th character in the string is: N

Length of the string is: 21

The following details are for questions 24–26. Each individual question will appear below the details.

The Not-too-tough company started its operation in 2018. Its balance sheet for December 31, 2018, showed the following account balances (there were no other accounts listed, numbers are in thousands):

During 2019 the following transactions occurred:

1. Rent for 24 months, starting January 1, 2019, in the amount of $48, was paid in cash.

2. On July 31, 2019, the company enters into a new labor contract with the employees’ union that calls for a $15 increase in wages, effective February 1, 2020.

3. Sales, all on credit, were $850. Collections from customers were $720.

4. In addition to the transactions described in item 3 above, products were shipped to the customer who paid $40 in advance (see December 31, 2018 balances). The selling price was $120, and the customer will pay the balance in early 2020.

5. The company purchased $550 worth of inventory, on account. Payments on accounts payable were $470.

6. Based on a physical count, inventory balance as of December 31, 2019 was $85. The market value of these inventories was $90.

7. The employees earned $54 as wages. Cash wage payments to employees were $57.

8. Depreciation for the year equals $15.

9. A dividend of $55 was declared and paid during 2019.

Question

Prepare the Balance Sheet, Income Statement and Cash Flow from operations using the indirect method.

Type your answer in the text box below. Present the answer as a list and don't worry about left or right indentation.

Company A has a market value of equity of $2,000 million and 80 million shares outstanding. Company B has a market value of equity of $400 million and 25 million shares outstanding. Company A announces at the beginning of 2019 that is going to acquire Company B.

The projected pre-tax gains in operating income (in millions of $) from the merger are:

The projected pre-tax gains in operating income are expected to grow at 4% after year 2023. The company is using a discount rate of 8% to value the synergies. The marginal corporate tax rate is 35%.

Company A has decided to pay a $300 million premium for Company B. Assume that capital markets are efficient and that there is a 100% probability the deal will be closed.

1/ By how much the price per share of Company A would change at the time of the announcement of the acquisition?

2/ If Company A were to make a 100% stock offer for Company B, what would the exchange ratio be? Remember that the exchange ratio is the number of Company A’s shares that the shareholders of Company B will receive in exchange for each of their shares.

3/ If Company A were to offer 0.80 share of Company A for each share of company B, by how much the price per share of Company A would change at the time of the announcement of the acquisition?

Multiple regression is used by accountants in cost analysis to shed light on the factors that cause costs to be incurred and the magnitudes of their effects.

A petroleum company wanted to evaluate different blends of its gasoline - made by inserting different additives into the manufacturing process. To test this the firm acquired thirty identical cars (make and model) from an auto company and randomly assigned the cars to one of the three blends. The cars were then driven for 30 eight hour days on a dynamometer simulating city and highway driving conditions and the mileage obtained (MPG) was measured at the conclusion of the study. The results are below and require analysis to obtain a decision as to whether one of the blends or more was superior to the others.

Gasoline Blends

ABC has spend 1.8 million in developing a new software for its payment system for the period of 1 Jan 2015-31 Dec 2016. The company is able to demonstrate that from 1 July 2016 the production process met the criteria for recognition as an intangible asset. The financial year end is 31 Dec. During 2016, the total training cost to improve the employees skill were 300,000£. A focus group of other retail banking providers was invied to a conference of the introduction of the new software in 2016. Cost of the conference was 100,000£. In 2016, ABC acquired another rival company XYZ for a total sum of 200 million. At this date a brand valuation expert valued XYZ brand at 40 million on the basis of useful life of 20 years. Other net assets were deemed to have a fairu value of 125£ million. Explain, how the costs given above should be treated in the financial statement of ABC for the year ending 31 Dec 2016 in relation to intangible assets per IAS38.

What was the failure of Mary Barra and how Mary Barra dealed with it? (GM'S CEO) Thank you.

What was the success of Mary Barra and how Mary Barra dealed with it? (GM'S CEO) Thank you.