The volume of some air, assumed to be an ideal gas, in the cylinder of a car engine is 540cm^3 at a pressure of 1.1 x 10^5 Pa and a Temperature of 27 Degree celsius. The air is suddenly compressed, so that no thermal energy enters or leaves the gas, to a volume of 30cm^3. The pressure rises to 6.5 x 10^6 Pa.

Determine the Temperature of the gas after compression.

George, their family friend has informed the couple(Jacinda and Steven) during a family dinner that “although in Australia the individuals invest directly in the stock market, in recent years 31% of the adult population directly invest by holding shares, down from 44% in 2004”. Their question to you is:

If direct share market participation is a good or bad strategy for an investor? Discuss one reason why investors should or should not invest directly in the Australian shares.

1) For the following data on Year-end Audit times (in days), 17, 20, 25, 27, 19, 19, 20, 32, 26, 23, 24, 23, 27, 38, 21, 23, 22, 28, 33, 18, 27, 20, 23, 27, 31 Prepare a table showing in columns Audit Time Intervals (days), Frequencies, Cumulative Frequencies, Relative Frequencies, Cumulative Relative Frequencies, Percent Frequencies, and Cumulative Percent Frequencies.

Dean & Deluca Ltd (D&D) is listed on Singapore Exchange and the following information was extracted from Thomson Reuters Eikon:

• Share price = $1.50 • Number of outstanding shares = 5 million • Beta = 0.8 • Last traded price of each 5% bond = $920 • Bonds pay coupons semi-annually and mature in 6 years • Face value of bond =$1,000 • Number of bonds issued = 5,000
Yield on government long-term bond = 3% Equity risk premium = 6% Singapore corporate tax rate = 20%

D&D has received a new order for its products. However, its machines are all working at full capacity. In order to accept the new order, the company needs to buy a new machine. The details relating to the order, the new machine and other costs are shown below: Year 1 2 3 Sales $160,000 $180,000 $200,000

Variable cost = 20% of sales The project requires an additional net working capital of $40,000, which is sufficient for the duration of the project.

Cost of new machine = $300,000 Life of machine = 3 years Salvage value of machine at end of 3 years = $60,000 Depreciation is straight line over 3 years. Maintenance cost of machine per year = $10,000
(a) Calculate to estimate D&D’s cost of equity, cost of debt and weighted average cost of capital (WACC).
(b) Calculate the operating cash flows relating to the new order.
(c) Calculate the free cash flows relating to the new order.
(d) Assess and advise D&D whether it should accept the new order. Justify the choice of the method you use to make the decision.

Question 2

Dean & Deluca Ltd (D&D) is listed on Singapore Exchange and the following information was extracted from Thomson Reuters Eikon:

• Share price = $1.50

• Number of outstanding shares = 5 million

• Beta = 0.8

• Last traded price of each 5% bond = $920

• Bonds pay coupons semi-annually and mature in 6 years

• Face value of bond =$1,000

• Number of bonds issued = 5,000

• Yield on government long-term bond = 3%

• Equity risk premium = 6%

• Singapore corporate tax rate = 20%
  
  D&D has received a new order for its products. However, its machines are all working at full capacity. In order to accept the new order, the company needs to buy a new machine. The details relating to the order, the new machine, and other costs are shown below:
  

  YEAR	1	2	3
  SALES	$160,000	$180,000	$200,000

  
  Variable cost = 20% of sales
  The project requires an additional net working capital of $40,000, which is sufficient for the duration of the project.
  
  Cost of new machine = $300,000
  Life of machine = 3 years
  Salvage value of machine at end of 3 years = $60,000 Depreciation is a straight line over 3 years. Maintenance cost of machine per year = $10,000

(a) Calculate to estimate D&D’s cost of equity, cost of debt and weighted average cost of capital (WACC).

(b) Calculate the operating cash flows relating to the new order.

(c) Calculate the free cash flows relating to the new order.

(d) Assess and advise D&D whether it should accept the new order. Justify the choice of the method you use to make the decision.

Company was started on January 1, 2017. The following accounts are on the Balance Sheet Accounts: Cash, Accounts Receivable, Equipment, Accumulated Depreciation, Prepaid Expenses, Supplies, Accounts Payable, Notes Payable, Interest Payable, Wages Payable, Unearned Revenue, Common Stock, Additional Paid in Capital, and Retained Earnings.

The company report results as of the fiscal year ending December 31, 2017.

Following are fiscal 2017 transactions:

a. January 1: The company sold 12,000 shares of $0.50 par common stock for $6 per share.

b. January 1: Borrowed $80,000 from the local bank. The loan carries a 6% annual interest rate. Interest and principal are due in full on January 1, 2026.

c. January 1: Purchased equipment with cash to be used in the business for $60,000. The estimated life of the equipment is 4 years, and the expected salvage value is $8,000.

d. January 1: Purchased an 18-month insurance policy for $9,000 with cash. The policy begins immediately.

e. During 2017: Paid $8,000 cash for advertising in the local paper, $6,500 of which was for 2017 papers and $1,500 of which is for 2018 papers.

f. During 2017: The firm pays each month’s rent for the building space on the first of the month (i.e., the firm pays rent on January 1 for rent in January). The monthly rent is $1,350. The firm began renting the building in January and rented it through December 31.

g. During 2017: Purchased supplies (e.g., cleaning solutions, sponges) for $40,000 on credit.

h. During 2017: Paid suppliers $25,000 in cash relating to items purchased in transaction

i. During 2017: Performed and billed customers for 9,500 car washes at $20 per car wash.

j. During 2017: Collected $125,000 in cash from customers billed in transaction

k. During 2017: The firm pays employees on the first of each month for work performed the previous month (i.e., the firm pays employees on February 1 for work performed in January). The total monthly wages are $3,100. Employees began work on January 1 and worked through December 31.

l. November: Started a membership program that allowed customers to pay in advance for 10 car washes at a discounted price of $15 per car wash. A total of 250 customers signed up for this membership program.

m. December: Voted the “Best Car Wash” by a people’s poll in the city. Due to this, the Bubble Blasters Auto Spa had a one-page article in the city’s magazine. 10 Bubbles estimates an increase of $20,000 in sales in 2018 as a result of this good press.

n. December: Bubble Blasters granted bonuses to three employees based on their exceptional performance in 2017. The bonus amount is $1,000 per employee and will be paid on January 15, 2018.

o. December 31: The firm declared and paid a dividend of $0.10 per share.

p. December 31: The cost of car wash supplies remaining at year end totaled $7,500. The market value of the supplies is $12,000.

q. December 31: Records show that 500 “member” car washes (from the prepaid membership program in part l) were provided during 2017.

Instructions: Record the transactions in the FSET. The beginning balances in all the accounts are 0 because the company began operations on January 1, 2017. In good form, prepare the balance sheet at December 31, 2017, and the income statement, the statement of stockholders’ equity, and the statement of cash flows (direct method) for the period ending December 31, 2017.

A lightbulb manufacturer wants to estimate the total number of defective bulbs contained in all of the boxes shipped by the company during the past week. Production personnel at this company have recorded the number of defective bulbs found in each of 50 randomly selected boxes shipped during the past week. These data are provided down below. Calculate a 95% confidence interval for the total number of defective bulbs contained in the 1000 boxes shipped by this company during the past week. (Round your answers to a whole number.) Calculate the lower and upper limit.

A lightbulb manufacturer wants to estimate the total number of defective bulbs contained in all of the boxes shipped by the company during the past week. Production personnel at this company have recorded the number of defective bulbs found in each of 50 randomly selected boxes shipped during the past week. These data are provided in the file P08_12.xlsx. Calculate a 95% confidence interval for the total number of defective bulbs contained in the 1000 boxes shipped by this company during the past week. (Round your answers to a whole number.)

Diego Company manufactures one product that is sold for $77 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 59,000 units and sold 54,000 units.

The company sold 41,000 units in the East region and 13,000 units in the West region. It determined that $330,000 of its fixed selling and administrative expense is traceable to the West region, $280,000 is traceable to the East region, and the remaining $52,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product.

Required:

1. What is the unit product cost under variable costing?

2. What is the unit product cost under absorption costing?

3. What is the company’s total contribution margin under variable costing?

4. What is the company’s net operating income (loss) under variable costing?

5. What is the company’s total gross margin under absorption costing?

Please Answer Required#7, 8, 9 and 10 please. Thank you. Please answer as soon as possible.