You are the CFO of Thunderduck Energy, Inc, a public company that specializes in the exploration and development of natural gas. It's near year-end, and you have been in several meetings with management to discuss the end of year net income projections. The company’s employees receive a bonus if the company’s net income in the current year exceeds the net income from the past year. For the current year, the earnings have not been as strong as expected and net income may fall short of last year’s income.
The President has an idea to ensure that net income will increase this year so that the employees will earn their bonus and the shareholders will be happy. The President wants to discuss routine maintenance costs on equipment that were incurred this year. These costs were treated as an expense on the income statement. However, the President is proposing that these costs can be capitalized and should be accounted for as a long-term asset on the balance sheet in order to boost the company’s net income.
Required:
Draft a one-page response in the form of a business memo to your manager discussing your recommendation on the President’s suggestion to capitalize the maintenance costs and record the costs as a long-term asset. Support your decision with addressing the accounting issue, the parties affected and what factors you considered to make your decision. Your memo will be graded based on the written communication, critical thinking and ethics rubrics.
In: Accounting
The following data is representative of that reported in an article on nitrogen emissions, with x = burner area liberation rate (MBtu/hr-ft2) and y = NOx emission rate (ppm):
| x | 100 | 125 | 125 | 150 | 150 | 200 | 200 | 250 | 250 | 300 | 300 | 350 | 400 | 400 |
| y | 140 | 140 | 170 | 210 | 200 | 330 | 280 | 390 | 440 | 450 | 400 | 590 | 610 | 660 |
(a) Assuming that the simple linear regression model is valid,
obtain the least squares estimate of the true regression line.
(Round all numerical values to four decimal places.)
y =
(b) What is the estimate of expected NOx
emission rate when burner area liberation rate equals 215? (Round
your answer to two decimal places.)
ppm
(c) Estimate the amount by which you expect NOx
emission rate to change when burner area liberation rate is
decreased by 60. (Round your answer to two decimal places.)
ppm
(d) Would you use the estimated regression line to predict emission
rate for a liberation rate of 500? Why or why not?
Yes, the data is perfectly linear, thus lending to accurate predictions.
Yes, this value is between two existing values.
No, this value is too far away from the known values for useful extrapolation.
No, the data near this point deviates from the overall regression model.
In: Math
Consider a satellite of mass ms in circular orbit around Earth, a distance h above Earth's surface. Assume the Earth is a sphere with radius Re and mass Me.
(a) As the satellite travels in circular orbit, will its speed increase, decrease, or remain constant? Explain.
(b) The only force acting on the satellite is gravity, so the satellite is in freefall. Why doesn't the satellite get closer to Earth's surface?
(c) Determine the ratio of the force of gravity on the satellite while in orbit to the force of gravity on the satellite while on the surface of Earth. Simplify your answer; no complex fractions! Give your answer in terms of Re and h.
(d) Starting with Newton's second law, determine an equation for each of the following quantities. Give your answers in terms of Me, Re, h, and the universal gravitation constant G.
(i) the freefall acceleration of the satellite,
(ii) The orbital speed of the satellite,
(iii) the period of orbit, which is the time it takes the satellite to complete one orbit around Earth.
(e) Determine the work done by gravity as the satellite moves through one-half of its circular orbit.
(f) Consider a near-Earth orbiting satellite (h=0.10Re) that is inhabited by astronauts.
(i) Determine the ration of the freefall acceleration of an astronaut in this circular orbit to the freefall acceleration of an astronaut on Earth.
(ii) If that astronaut weights 150 pounds on Earth, how large is the force of gravity on her in orbit? Is she "weightless"?
In: Physics
Leyton and Dustin run a service station in a country town, the service station sells petrol and a number of other goods, which are displayed near the cash register and outside the office. Leyton and Dustin are partners in the business, though they have an old written agreement that states that neither will order goods or services over the value of $3,000 unless the contract contains signatures from both partners.
Leyton has been approached by a supplier of magazines who offers the business the delivery of 100 copies of a particular publication each month. Leyton convinced that the magazine is popular and will make some money, signs a contract with a promise to pay $5,000 in instalments for the delivery of the magazines.
The magazines arrive and Dustin is very upset, first because the magazine is quite unsuitable for display in the business and may result in a loss of customers if they see this publication, but he is also upset that Leyton has made an agreement without consulting him. There is an argument between the partners and Leyton takes sick leave and stays at home to recover from the stress of the argument. In the meantime, Dustin communicates with the supplier of the magazines and declares that the agreement to supply the publication is invalid due to a breach of the partnership agreement, and that the magazines will be returned and no payments will be forthcoming from the business.
Explain, with reference to partnership law:
[Answer here]
[Answer here]
In: Accounting
The company that I have chose is Amazon, the online retail
Instructions
Use the same organization as in previous weeks' projects. Research the ethical challenges regarding employees (i.e., diversity, discrimination, sexual harassment, privacy, employee theft, bad leadership, etc.) that your chosen organization has faced over the past five to ten years and that they should prepare to face in the next five to ten years. Once you have developed a list of challenges, consider how having faced those challenges (or knowing that you will be facing them) will impact and be impacted by the social cause you've selected.
Tasks:
Propose your findings on the ethical challenges faced by your
organization in recent history and the near future. Be sure to:
Analyze ways in which each challenge was (and/or could be) appropriately handled and areas for improvement.
Evaluate the ethical/moral aspects of your organization that protected it from ethical challenges in the past and could protect it in the future.
Assess how ethical challenges and handling of ethical challenges could positively or negatively impact the charitable cause you've selected and how the selection of your social cause could positively or negatively impact the organization and its employees.
Submission Details:
Submit your paper in a 3- to 5-page Microsoft Word document, using APA style.
Name the document SU_BUS3001_W4_LastName_FirstInitial.doc
Submit your document to the Submissions Area by the due date assigned.
In: Operations Management
CORPORATE VALUATION
Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund manager has estimated Brandtly's free cash flows for the next 4 years as follows: $2 million, $6 million, $11 million, and $15 million. After the fourth year, free cash flow is projected to grow at a constant 8%. Brandtly's WACC is 10%, the market value of its debt and preferred stock totals $58 million; and it has 17 million shares of common stock outstanding.
Write out your answers completely. For example, 13 million should be entered as 13,000,000.
In: Finance
A. BNSF Railway operates dual-track intermodal routes between major ports and cities, like two lanes on a highway.
B. Designing a bluetooth system for a phone that is too fast for the latest model.
C. Despite thousands of designs and materials, eyeglasses are basically a frame with two folding arms that go over each ear, and a pair of lenses.
D. The car dealer has 100 cars on the lot. 3000 more are in teh distribution center near the ship channel, and a virtually limitless capacity is available from the factory in Europe.
E. UPS Readies Freezer Farms to Store Virus Vaccine When Approved
F. My phone has a battery but I carry an external rechargeable one for long trips.
G. If you assume people vote loyally to their chosen political party, then straight ticket voting allows you to select your party's candidate for every office in an election with a single click.
H. A car at stage 12 at the assembly plant is having its tires installed while the seats are placed in another vehicle in stage 11.
match with 8 great ideas in computer architecture
In: Computer Science
Use Worksheet 9.1. Lexi Thomas, a recent college graduate, has decided to accept a job offer from a nonprofit organization. She’ll earn $44,000 a year but will receive no employee health benefits. Lexi estimates that her monthly living expenses will be about $2,000 a month, including rent, food, transportation, and clothing. She has no health problems and expects to remain in good health in the near future. Using the Internet or other resources, gather information about three health insurance policies that Lexi could purchase on her own. Include at least one HMO. Use Worksheet 9.1 to compare the policies’ features. Should Lexi buy health insurance? Why or why not? Assuming that she does decide to purchase health insurance, which of the three policies would you recommend and why
worksheet 9.1
Service Policy #1 Policy #2 Policy #3
Hospital care
Surgery (inpatient and outpatient)
Office visits to your doctor
Maternity/well-baby care
Pediatric care
Immunizations
Mammograms
Medical tests, X-rays
Mental health care
Dental care, braces, and cleaning
Vision care, eyeglasses, and exams
Prescription drugs
Home health care
Nursing home care
Services you need that are excluded
Choice of doctors
Location of doctors and hospitals
Ease of getting an appointment
Minimal paperwork
Waiting period for coverage
In: Finance
Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund manager has estimated Brandtly's free cash flows for the next 4 years as follows: $4 million, $5 million, $9 million, and $15 million. After the fourth year, free cash flow is projected to grow at a constant 4%. Brandtly's WACC is 12%, the market value of its debt and preferred stock totals $44 million; and it has 19 million shares of common stock outstanding.
Write out your answers completely. For example, 13 million should be entered as 13,000,000.
In: Finance
Brandtly Industries invests a large sum of money in R&D; as a result, it retains and reinvests all of its earnings. In other words, Brandtly does not pay any dividends, and it has no plans to pay dividends in the near future. A major pension fund is interested in purchasing Brandtly's stock. The pension fund manager has estimated Brandtly's free cash flows for the next 4 years as follows: $2 million, $6 million, $8 million, and $14 million. After the fourth year, free cash flow is projected to grow at a constant 4%. Brandtly's WACC is 10%, the market value of its debt and preferred stock totals $44 million; and it has 19 million shares of common stock outstanding.
Write out your answers completely. For example, 13 million should be entered as 13,000,000.
Please do not answer if you are not sure, THANK YOU! :)
In: Finance