The trial balance sheet of Moe’s Mowing, Inc is dated August 31, 2019: Assets Liabilities Cash 6,000 Account Payable 5,000 Account Receivable 400 Notes payable 2,500 Supplies 6000 salary payable 2,000 Prepaid rent 13,000 Loan Payable 13,000 Inventory 2,500 Unearned Revenue 4000 Total current assts 27,900 Total Liabilities 26,500 Cars 7,500 building 1500 Shareholder’s Equity furniture 2500 Common Stocks 6,700 Retained Earning 6,200 Total fixed asset 11,500 Total owner's equity 12,900 Total Assets 39,400 Total Liabilities and Equity 39,400 During the month of September, the business incurred the following transactions: 1. Deposited $5,000 cash in the business’s bank account. The company received the cash and issued common stocks. 2. The company purchased a car for $1,750 on account from Melton Supply 3. The company bought equipment, paying cash, 1,750 4. The company purchased office supplies for $1000 cash. 5. The company provided services to the Walker Company for $1,800 on account. 6. The company paid $500 to Melton Office Supply 7. The company borrowed a short-term debt (notes payable) from the bank, $20,000 8. The company received $1,000 in cash for services provided to a new customer. 9. Shortly after opening the business, the company paid the month’s rent of $650. 10. 1% of the inventory has been expired (bad goods expense). 11. The company paid $100 cash to repair car. 12. Bought computer software from Moss Computer center, $740, paying $240 in cash and placing the balance on account 13. The company received $1,100 cash from Walker Company 14. Declared and paid dividends of $600. 15. Collecting 70% of accounts receivable. 16. The company paid 35% of its accounts payable. 17. Supplies on hand at month-end, $4000 18. Salary owed but not paid yet $1000 19. Prepaid rent expired, $8,000 20. $2000 out of the unearned service revenue was earned during September. 21. The loan accrues interest at 1% per month. No interest was paid in September 22. The bookkeeper recorded a collection from accounts receivable of $100 as $10 23. Income tax is 2.5% 24. EFT payment of insurance expense, $400.

for this, i need 1. Journal entryof 2. Income Statement 3. Retained Earnings Statement 4. The trial balance sheet.

Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $7 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. If the land were sold today, the net proceeds would be $7.61 million after taxes. In five years, the land will be worth $7.91 million after taxes. The company wants to build its new manufacturing plant on this land; the plant will cost $13.04 million to build. The following market data on DEI’s securities are current: Debt: 45,100 6.9 percent coupon bonds outstanding, 21 years to maturity, selling for 94.9 percent of par; the bonds have a $1,000 par value each and make semiannual payments. Common stock: 751,000 shares outstanding, selling for $94.10 per share; the beta is 1.21. Preferred stock: 35,100 shares of 6.25 percent preferred stock outstanding, selling for $92.10 per share. Market: 7.05 percent expected market risk premium; 5.25 percent risk-free rate. DEI’s tax rate is 34 percent. The project requires $830,000 in initial net working capital investment to get operational. a. Calculate the project’s Time 0 cash flow, taking into account all side effects. Assume that any NWC raised does not require floatation costs. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Time 0 cash flow $ -21480000

b. The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +3 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Discount rate %

c. The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (i.e., the end of Year 5), the plant can be scrapped for $1.51 million. What is the aftertax salvage value of this manufacturing plant? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Aftertax salvage value $

d. The company will incur $2,310,000 in annual fixed costs. The plan is to manufacture 13,100 RDSs per year and sell them at $10,500 per machine; the variable production costs are $9,700 per RDS. What is the annual operating cash flow, OCF, from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Operating cash flow $

e. Calculate the project's net present value. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net present value $ Calculate the project's internal rate of return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return %

Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $7 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. If the land were sold today, the net proceeds would be $7.67 million after taxes. In five years, the land will be worth $7.97 million after taxes. The company wants to build its new manufacturing plant on this land; the plant will cost $13.28 million to build. The following market data on DEI’s securities are current:

DEI’s tax rate is 30 percent. The project requires $860,000 in initial net working capital investment to get operational.

a.
Calculate the project’s Time 0 cash flow, taking into account all side effects. Assume that any NWC raised does not require floatation costs. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Time 0 cash flow            $

b.
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +3 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Discount rate             %

c.
The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (i.e., the end of Year 5), the plant can be scrapped for $1.57 million. What is the aftertax salvage value of this manufacturing plant? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Aftertax salvage value            $

d.
The company will incur $2,370,000 in annual fixed costs. The plan is to manufacture 13,700 RDSs per year and sell them at $11,100 per machine; the variable production costs are $10,300 per RDS. What is the annual operating cash flow, OCF, from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Operating cash flow            $

e.
Calculate the project's net present value. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Net present value            $

Calculate the project's internal rate of return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Internal rate of return

Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $7 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. If the land were sold today, the net proceeds would be $7.64 million after taxes. In five years, the land will be worth $7.94 million after taxes. The company wants to build its new manufacturing plant on this land; the plant will cost $13.16 million to build. The following market data on DEI’s securities are current:

DEI’s tax rate is 40 percent. The project requires $845,000 in initial net working capital investment to get operational.

a.
Calculate the project’s Time 0 cash flow, taking into account all side effects. Assume that any NWC raised does not require floatation costs. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Time 0 cash flow            $

b.
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +3 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Discount rate             %

c.
The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (i.e., the end of Year 5), the plant can be scrapped for $1.54 million. What is the aftertax salvage value of this manufacturing plant? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Aftertax salvage value            $

d.
The company will incur $2,340,000 in annual fixed costs. The plan is to manufacture 13,400 RDSs per year and sell them at $10,800 per machine; the variable production costs are $10,000 per RDS. What is the annual operating cash flow, OCF, from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Operating cash flow            $

e.
Calculate the project's net present value. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Net present value            $

Calculate the project's internal rate of return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Internal rate of return             %

Hi, I am not able to find this exact question with the steps and correct answers. Can someone please solve this? Thanks!

Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $7 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. If the land were sold today, the net proceeds would be $7.76 million after taxes. In five years, the land will be worth $8.06 million after taxes. The company wants to build its new manufacturing plant on this land; the plant will cost $13.64 million to build. The following market data on DEI’s securities are current:

DEI’s tax rate is 34 percent. The project requires $905,000 in initial net working capital investment to get operational.

a.
Calculate the project’s Time 0 cash flow, taking into account all side effects. Assume that any NWC raised does not require floatation costs. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Time 0 cash flow            $

b.
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +3 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Discount rate             %

c.
The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (i.e., the end of Year 5), the plant can be scrapped for $1.66 million. What is the aftertax salvage value of this manufacturing plant? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Aftertax salvage value            $

d.
The company will incur $2,460,000 in annual fixed costs. The plan is to manufacture 14,600 RDSs per year and sell them at $12,000 per machine; the variable production costs are $11,200 per RDS. What is the annual operating cash flow, OCF, from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Operating cash flow            $

e.
Calculate the project's net present value. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Net present value            $

Calculate the project's internal rate of return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Internal rate of return             %

Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $7 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. If the land were sold today, the net proceeds would be $7.7 million after taxes. In five years, the land will be worth $8 million after taxes. The company wants to build its new manufacturing plant on this land; the plant will cost $13.4 million to build. The following market data on DEI’s securities are current:

DEI’s tax rate is 35 percent. The project requires $875,000 in initial net working capital investment to get operational.

a.
Calculate the project’s Time 0 cash flow, taking into account all side effects. Assume that any NWC raised does not require floatation costs. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Time 0 cash flow            $

b.
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +3 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Discount rate             %

c.
The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation. At the end of the project (i.e., the end of Year 5), the plant can be scrapped for $1.6 million. What is the aftertax salvage value of this manufacturing plant? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Aftertax salvage value            $

d.
The company will incur $2,400,000 in annual fixed costs. The plan is to manufacture 14,000 RDSs per year and sell them at $11,400 per machine; the variable production costs are $10,600 per RDS. What is the annual operating cash flow, OCF, from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Operating cash flow            $

e.
Calculate the project's net present value. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Net present value            $

Calculate the project's internal rate of return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Internal rate of return             %

For the problems 1 -6

Consider the data set   

16, 26, 31, 32, 32, 32, 42, 47, 47, 47, 50, 50 (already put in increasing order)

Compute the following:

1/   The mode:

A/ 47       B/ 32           C/ Bimodal       D/ 42  

2/   The median:

A/ 42       B/ 37           C/ 32           D/ 47  

3/   The mean:

       A/ 37.7       B/ 37           C/ 36           D/ 36.2

4/   The standard deviation:

       A/ 10.5       B/ 12          C/ 14           D/ 11  

5/   The mid-range:

A./ 17       B/ 20.5         C/ 33           D/ 34      
6/   If x = 42 , the standard deviation s = 12 and the mean = 67, then the z-score ( the standard score) of x is

A./ 2.28       B/ - 1.00       C/ 3.52       D/ -2.08
  
7/   In the set of data : 2, 3, 35, 5, 8, 9,10, 10,12,14,16, is the value 35 outlier?

A/ No, upper limit for outlier is 27.5       B/ Yes, upper limit for outlier is 27.5
C/ No, upper limit for outlier is 24.5       D/ Yes, upper limit for outlier is 32.1
  

For the problems 8 -13: Consider the set of 15 data ( in increasing order )

   10, 15, 19, 20, 21, 21, 29, 29, 30, 30, 33, 39, 40, 50, 50.

( It is better to enter this data set into a calculator to find the needed values to answering the following questions )

8/   Find ( the value x which separates the bottom 30th percentile )      

A./ 70       B/ 21           C/ 29.5         D/ 53      

9/   Find the percentile ( kth percentile ) of the value x = 30.

A/ 53 percentile   B/ 82 percentile C/ 38 percentile   D/ 60 percentile  

10/   The third quartile () is:

   A./ 39       B/ 17           C/ 40         D/ 18      

11/   The inter-quartile range ( IQR) is:          

A./ 17       B/ 21           C/ 19         D/ 59  

12/   The sample variance is approximate to ( round to whole number )

A./ 11       B/ 148       C/ 12         D/ 142
      

13/   Approximate the value of x if its z-score is 0.83 ( Use the formula )

  
A./ 35       B/ 39           C/ 19         D/ 25      
14/   For the data set 8, 6, 29, 3, 9, 23, 15, 18, 5, 3, 22, 27, 4, 2 and 22 the midrange is

  
A./ 16       B/ 11           C/ 15         D/ 18      

15/   By the Empirical Rule, in a city of 62,000 people, the number of people below the mean by more than 1 standard deviation is:

A./ 41,160      B/ 9, 920       C/ 21,080        D/ 6,200      
Questions 16-18 : Use the distribution in the form of the stem-leaf plot

         
Stem   Leaves   

1478   
01237888  
189   

16/   The mid-point of the third class is

   A./ 32       B/ 36           C/ 34.5         D/ 35      

17/   The median is

   A./ 24       B/ 23           C/ 25           D/ 5
      
18/   The relative frequency for the third class is:

A./ 20%       B/ 50%        C/ 66%         D/ 40%

19/   The heights of a group of professional basketball players are summarized in the frequency distribution below. Find the mean height from this frequency table.

           Height s ( in)   Frequency
  
4
6
8
79-81       2

A./ 75.2 in       B/ 76.8 in       C/ 74.0 in       D/ 77.5 in

20/   The temperatures ( in ºF ) in a room is recorded at the top of hours are

   67, 68, 70 , 5, 77, 77, 78, 80, 78, 79, 74, 74. Choose best answer:
  
   a/ It is a typo
   b/ highest temperature is probably 95
   c/ 5 is not an outlier
   d/ 5 is an outlier

21/   The variance of 6 washing machines with prices: $ 800, $784, $ 1,235, $860, $1,036 and $770 is

A/ 196.4       B/ 34,295.3       C/ 26,002.7       D/ 185.2

22/   The coefficient of variation ( round to closest %) for the set of data :

1, 3, 3, 5, 5, 6, 7, 8, 9 ,12, 15, 24 is

A 74%       B/ 67%       C/ 24%       D/ 78 %

23/   Human body temperatures have the mean of 98.2º and a standard deviation of 0.6º.
   Amy’s temperature can be described by z = 0.9. What is her temperature?

   A/   98.2º       B/ 97.8º       C/ 98.7º       D/ 99.3º

24/   The upper bound for the outlier for the data set
-11, 14, 22, 22, 22, 23, 31, 31, 42, 44, 44, 75 is

A/ 74.5           B/ 75           C/ 84       D/ 68
                                  
25/   The box-plot of a data with 5- point summary 2, 6, 8, 11, 18
  

   A/is positive skewed.       B/ is negative skewed.
   C/ is symmetric       D/ perfect skewed

Alexandra Marcus, manager of the Sky Club Hotel, has requested your assistance on a queuing issue to improve the guest service at the hotel. Alexandra Marcus is considering how to restructure the front desk to reach an optimal level of staff efficiency and guest service. Observation of arrivals during the peak check-in time of 3:00PM to 5:00PM shows that an average of 80 guests arrive each hour. It takes an average of 3 minutes for the front-desk clerk to register each guest. At present, the hotel has five clerks on duty, each with a separate waiting line.

PLEASE SHOW CALCULATIONS!!

a. Average utilization rate of a server (p)

b. The probability of no. customers in the system (Po)

c. Average number of customers in the system (L)

d. Average time in the system (W)

e. Average waiting in line (Wq)

f. Average number of customers in line waiting Lq

Case Project Create a company. Your represents the capital budgeting committee of a successful firm. You have been invited to the next Board of Directors meeting to present your analysis and recommendation on a new capital project. Your presentation should contain the following: 1. Brief description of the proposed capital project 2. Estimation of the incremental cash flows related to the project 3. Estimation of the weighted average cost of capital 4. Financial evaluation of capital budget project (using NPV or IRR) 5. Recommendation to the Board of Directors on whether or not to proceed with the proposed capital project. A written summary should accompany your presentation. The written summary should be no more than five (5) pages, including exhibits. Your presentation should be no more than 20 minutes in length. You may use whatever means necessary to convey your analysis and recommendation. You may choose to use a recognized publicly held firm or a fictitious entity. Please use the following information as a guide to your analysis: 1. Target capital ratio: % of debt and % of equity 2. Beta coefficient 3. Risk-free rate is equal to the current level of a point on the Treasury yield curve. 4. The market risk premium is equal to 5% 5. Corporate tax rate is 35% 6. All cash flows related to the project are positive (except the initial expenditure) 7. Useful product life 8. “Straight-line” depreciation method.

In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer.

Are America's top chief executive officers (CEOs) really worth all that money? One way to answer this question is to look at row B, the annual company percentage increase in revenue, versus row A, the CEO's annual percentage salary increase in that same company. Suppose a random sample of companies yielded the following data:

Do these data indicate that the population mean percentage increase in corporate revenue (row B) is different from the population mean percentage increase in CEO salary? Use a 5% level of significance. (Let d = B − A.)

What is the value of the sample test statistic? (Round your answer to three decimal places.)

In this problem, assume that the distribution of differences is approximately normal. Note: For degrees of freedom d.f. not in the Student's t table, use the closest d.f. that is smaller. In some situations, this choice of d.f. may increase the P-value by a small amount and therefore produce a slightly more "conservative" answer.

Is fishing better from a boat or from the shore? Pyramid Lake is located on the Paiute Indian Reservation in Nevada. Presidents, movie stars, and people who just want to catch fish go to Pyramid Lake for really large cutthroat trout. Let row B represent hours per fish caught fishing from the shore, and let row A represent hours per fish caught using a boat. The following data are paired by month from October through April.

Use a 1% level of significance to test if there is a difference in the population mean hours per fish caught using a boat compared with fishing from the shore. (Let d = B − A.)

What is the value of the sample test statistic? (Round your answer to three decimal places.)