The Kudos Company (TKC) is in the spaceship industry. Annual EBIT is projected to remain level at $50 million and is received at the end of each year. There are 4 million shares outstanding at a market price of $35 each; there is no debt. TKC is considering approval of a shareholder value plan under which $60 million would be borrowed in perpetuity and then immediately paid out to shareholders as a dividend. This debt bears an interest rate of 8%. TKC has no depreciable assets. The corporate tax rate is 30%; and there are no personal taxes. Markets are frictionless and semi‐strong efficient. (a) Calculate the market price per TKC share just after the : (i) approval of the plan before the public announcement. (ii) public announcement of the plan. (iii) implementation of the plan after the dividend is paid out. (b) Calculate rWACC for TKC after the implementation of the shareholder value plan.

The average length of time customers spent on waiting at ABC Store’s check-out counter before a new P.O.S. system was installed was 4.3 minutes. A sample of 40 customers randomly selected at the check-out counter after the new P.O.S. system was installed showed that the average waiting time was 3.5 minutes with a sample standard deviation of 2.8 minutes. We wish to determine if the average waiting time after the P.O.S. system was installed is less than 4.3 minutes.

1.   State the null and alternative hypotheses to be tested. (2 Points)

2.   Compute the test statistic. (2 Points)

3.   Determine the critical value for this test at the 0.05 level of significance. (2 Points)

4.   What do you conclude at the 0.05 level of significance? (2 Points)

5.   Construct a 95% confidence interval for the average waiting time after the new P.O.S. system was installed.

Data for Cash Flow Estimation for an Expansion Project
• Cost of new equipment: $200,000
• Life of the project: 5 years
• Depreciation for equipment: Straight-line to zero over five years
• Investment (increase) in net working capital: $30,000
• Annual sales: $220,000
• Annual cash operating expenses: $90,000
• Income tax rate: 40%
• At the end of year five, the company will sell off the equipment for $50,000.
• At the end of year five, the firm will recover the net working capital investment of $30,000.

What is the total initial investment outlay in Year 0?

What is the depreciation amount in Year 1?

What is the operating income BEFORE taxes in Year 1?

What is the operating income AFTER taxes in Year 1?

What is the after-tax operating cash flow in Year 1?

What is the total terminal year after-tax non-operating cash flow?

In a test of the effectiveness of garlic for lowering​ cholesterol, 43 subjects were treated with garlic in a processed tablet form. Cholesterol levels were measured before and after the treatment. The changes in their levels of LDL cholesterol​ (in mg/dL) have a mean of 2.7 and a standard deviation of 16.3. Complete parts​ (a) and​ (b) below.

A. What is the best point estimate of the population mean net change in LDL cholesterol after the garlic​ treatment?

B. Construct a 90​% confidence interval estimate of the mean net change in LDL cholesterol after the garlic treatment. What does the confidence interval suggest about the effectiveness of garlic in reducing LDL​ cholesterol? What is the confidence interval estimate of the population mean muμ​?

C. What does the confidence interval suggest about the effectiveness of the​ treatment? Do they contain 0? Did it affect the cholesterol levels?

An existing 36-inch diameter concrete gravity sewer installed on a slope of 0.25% currently conveys a peak flow rate of 12 cfs. A builder proposes to connect a new residential development to this existing sewer. Projected peak flow from this new development is 4 cfs.

a) Depth of flow in sewer before new development is connected

b) Depth of flow in sewer after new development is connected

c) Flow velocity in sewer after new development is connected

d) Flow type (critical, subcritical or supercritical) after new development is connected

e) Diameter of a sewer to convey combined peak flow of 16 cfs if maximum allowable D/d is 0.85 (i.e. assume you are designing new sewer on the same 0.25% slope)

Please show all work. Thank you so much in advance!

Suppose that American Eagle Outtters, headquartered in SouthsideWorks, is financed solely by common stock. It has 170 million shares outstanding at a price of $18 per share. It announces that it intends to issue $1 billion of debt and use the proceeds to buy back common stock. The debt beta will be zero. The risk-free rate is 2%, the expected return on the market portfolio is 9.7%, and American Eagle Outtters's asset beta is 1.2.

(a) How is the market price of its stock affected by the announcement?

(b) How many shares can the company buy back with the $1 billion of new debt that it issues?

(c) What is its firm value before and after the change in its capital structure?

(d) What is American Eagle Outtters' debt ratio after the change in its capital structure?

(e) What is its cost of equity after restructuring?

Suppose you own 50,000 shares of common stock in a firm with 2.5 million total shares outstanding. The firm announces a plan to sell an additional 1 million shares through a rights offering. The market value of the stock is $35 before the rights offering and the new shares are being offered to existing shareholders at a $5 discount. (LG 8-3)

    If you exercise your preemptive rights, how many of the new shares can you purchase?

    What is the market value of the stock after the rights offering?

    What is your total investment in the firm after the rights offering? How is your investment split between original shares and new shares?

    If you decide not to exercise your preemptive rights, what is your investment in the firm after the rights offering? How is this split between old shares and rights?

Blocks A (mass 3.00 kg ) and B (mass 14.00 kg , to the right of A) move on a frictionless, horizontal surface. Initially, block B is moving to the left at 0.500 m/s and block A is moving to the right at 2.00 m/s. The blocks are equipped with ideal spring bumpers. The collision is headon, so all motion before and after it is along a straight line. Let +x be the direction of the initial motion of A.

Part A) Find the maximum energy stored in the spring bumpers.

Part B) Find the velocity of block A when the energy stored in the spring bumpers is maximum

Part C) Find the velocity of block B when the energy stored in the spring bumpers is maximum.

Part D) Find the velocity of block A after the blocks have moved apart.

Part E) Find the velocity of block B after the blocks have moved apart.

In C# please and thanks so much,

Create an Employee class with five fields: first name, last name, workID, yearStartedWked, and initSalary. It includes constructor(s) and properties to initialize values for all fields.

Create an interface, SalaryCalculate, class that includes two functions: first,CalcYearWorked() function, it takes one parameter (currentyear) and calculates the number of year the worker has been working. The second function, CalcCurSalary() function that calculates the current year salary.

Create a Worker classes that is derived from Employee and SalaryCalculate class.

• In Worker class, it includes two field, nYearWked and curSalary, and constructor(s). It defines the CalcYearWorked() function using (current year – yearStartedWked) and save it in the nYearWked variable. It also defines the CalcCurSalary() function that calculates the current year salary by using initial salary with 3% yearly increment.

Create a Manager class that is derived from Worker class.

• In Manager class, it includes one field: yearPromo and constructor(s). Itincludes a CalcCurSalary function that calculate the current year salary by overriding the base class function using initial salary with 5% yearly increment plus 10% bonus. The manager’s salary calculates in two parts. It calculates as a worker before the year promoted and as a manager after the promotion.

Write an application that reads the workers and managers information from files (“worker.txt” and “manager.txt”) and then creates the dynamic arrays of objects. Prompt the user for current year and display the workers’ and managers’ current information in separate groups: first and last name, ID, the year he/she has been working, and current salary.

Please make streamreader read text from file and the new line so that the text files stay original.

TEXT FILES:

worker.txt

Hector
Alcoser
A001231
1999
24000
Anna
Alaniz
A001232
2001
34000
Lydia
Bean
A001233
2002
30000
Jorge
Botello
A001234
2005
40000
Pablo
Gonzalez
A001235
2007
35000

manager.txt

Sam
Reza
M000411
1995
51000
2005
Jose
Perez
M000412
1998
55000
2002
Rachel
Pena
M000413
2000
48000
2010

Language is C# (i've got some code but it seems to not run correctly, would love a new take)

Create an Employee class with five fields: first name, last name, workID, yearStartedWked, and initSalary. It includes constructor(s) and properties to initialize values for all fields. Create an interface, SalaryCalculate, class that includes two functions: first,CalcYearWorked() function, it takes one parameter (currentyear) and calculates the number of year the worker has been working. The second function, CalcCurSalary() function that calculates the current year salary. Create a Worker classes that is derived from Employee and SalaryCalculate class. In Worker class, it includes two field, nYearWked and curSalary, and constructor(s). It defines the CalcYearWorked() function using (current year – yearStartedWked) and save it in the nYearWked variable. It also defines the CalcCurSalary() function that calculates the current year salary by using initial salary with 3% yearly increment. Create a Manager class that is derived from Worker class. In Manager class, it includes one field: yearPromo and constructor(s). Itincludes a CalcCurSalary function that calculate the current year salary by overriding the base class function using initial salary with 5% yearly increment plus 10% bonus. The manager’s salary calculates in two parts. It calculates as a worker before the year promoted and as a manager after the promotion. Write an application that reads the workers and managers information from files (“worker.txt” and “manager.txt”) and then creates the dynamic arrays of objects. Prompt the user for current year and display the workers’ and managers’ current information in separate groups: first and last name, ID, the year he/she has been working, and current salary.

Worker.txt

5
Hector
Alcoser
A001231
1999
24000
Anna
Alaniz
A001232
2001
34000
Lydia
Bean
A001233
2002
30000
Jorge
Botello
A001234
2005
40000
Pablo
Gonzalez
A001235
2007
35000

Manager.txt

3
Sam
Reza
M000411
1995
51000
2005
Jose
Perez
M000412
1998
55000
2002
Rachel
Pena
M000413
2000
48000
2010