Questions
Palmetto Ag. Inc. recently purchased a new harvester. The new machine cost $180,000 and it is...

Palmetto Ag. Inc. recently purchased a new harvester. The new machine cost $180,000 and it is expected to generate net after-tax operating cash flows, including depreciation, of $50,000 per year. The machine has a five year expected life. The expected salvage values after-tax adjustments for the machine are given below, and the company’s WACC is 11%. Based on the information below, should the firm operate the machine until the end of its 5 year physical life? If not, then when is its optimal economic life?

                        Year                Annual Net operating cash flow         Salvage Value

                        0                      -$180,000                                            $180,000

                        1                           50,000                                            140,000

                        2                           50,000                                            112,000

                        3                           50,000                                                87,000

                        4                           50,000                                                42,000

                        5                           50,000                                                        0

In: Finance

1) We are creating a new card game with a new deck. Unlike the normal deck...

1) We are creating a new card game with a new deck. Unlike the normal deck that has 13 ranks (Ace through King) and 4 Suits (hearts, diamonds, spades, and clubs), our deck will be made up of the following.

Each card will have:
i) One rank from 1 to 16.
ii) One of 5 different suits.

Hence, there are 80 cards in the deck with 16 ranks for each of the 5 different suits, and none of the cards will be face cards! So, a card rank 11 would just have an 11 on it. Hence, there is no discussion of "royal" anything since there won't be any cards that are "royalty" like King or Queen, and no face cards!

The game is played by dealing each player 5 cards from the deck. Our goal is to determine which hands would beat other hands using probability. Obviously the hands that are harder to get (i.e. are more rare) should beat hands that are easier to get.

i) How many different ways are there to get a flush (all cards have the same suit, but they don't form a straight)?
Hint: Find all flush hands and then just subtract the number of straight flushes from your calculation above.
The number of ways of getting a flush that is not a straight flush is
DO NOT USE ANY COMMAS

What is the probability of being dealt a flush that is not a straight flush?
Round your answer to 7 decimal places.

j) How many different ways are there to get a straight that is not a straight flush (again, a straight flush has cards that go in consecutive order like 4, 5, 6, 7, 8 and all have the same suit. Also, we are assuming there is no wrapping, so you cannot have the ranks be 14, 15, 16, 1, 2)?
Hint: Find all possible straights and then just subtract the number of straight flushes from your calculation above.
The number of ways of getting a straight that is not a straight flush is  
DO NOT USE ANY COMMAS

What is the probability of being dealt a straight that is not a straight flush?
Round your answer to 7 decimal places.

2) Given the following information, answer questions a - d.
P(A)=0.48P(A)=0.48
P(B)=0.41P(B)=0.41
A and B are independent.
Round all answers to 5 decimal places as needed

a) Find P(A∩B).

b) Find P(A∪B).
c) Find P(A∣B).  

d) Find P(B∣A).  

Given the following information, answer questions e - g.
P(A)=0.48P(A)=0.48
P(B)=0.41P(B)=0.41
A and B are dependent.
P(A|B) = 0.14
Round all answers to 5 decimal places as needed

e) Find P(A∩B).     

f) Find P(A∪B)

g) Find P(B∣A).

In: Math

Project Topic Overview: Creation of a New Venture Create a strategic plan for a new venture:...

Project Topic Overview: Creation of a New Venture

Create a strategic plan for a new venture: You may choose any idea but do not use something that has already been created. IIT IS A NEW VENTURE!

You must organize the plan to focus on the following subjects:

Summary of New Venture

Overall description of the new venture

How the venture exploits market voids and is a creation or opportunity

Business level strategies

Internal analysis of the new venture

External analysis of the new venture

Governance structure of the venture including description and analysis of CEO, TMT, and BOD

Analysis for Future Expansion

Corporate level strategies

Alliances

M&As

International strategy

No previous chegg answers please and type instead of writing and scanning :-)

In: Operations Management

FASB has develop new accounting standards for accounting for leases. These new standards are not covered...

FASB has develop new accounting standards for accounting for leases. These new standards are not covered in your text book. Research the new FASB Lease Accounting Standards and answer the following questions:

1. Why did FASB develop new lease accounting standards?

2. How will accounting for leases change under these new standards?

3. When will the new standards take effect?

4. How will the changes effect companies who lease assets/

5. Based on your reading and research do you think companies are prepared for these changes?

Submit a paper containing your answers and observations concerning these questions and suggestions you would make to companies who are preparing to implement the new standards.

In: Accounting

Project Topic Overview: Creation of a New Venture Create a strategic plan for a new venture:...

Project Topic Overview: Creation of a New Venture

Create a strategic plan for a new venture: You may choose any idea.

You must organize the plan to focus on the following subjects:

Summary of New Venture

Overall description of the new venture

How the venture exploits market voids and is a creation or opportunity

Business level strategies

Internal analysis of the new venture

External analysis of the new venture

Governance structure of the venture including description and analysis of CEO, TMT, and BOD

Analysis for Future Expansion

Corporate level strategies

Alliances

M&As

International strategy

No previous chegg answers please and type instead of writing and scanning :-)

In: Operations Management

A company is considering a 5-year project to open a new product line. A new machine...

A company is considering a 5-year project to open a new product line. A new machine with an installed cost of $90,000 would be required to manufacture their new product, which is estimated to produce sales of $80,000 in new revenues each year. The cost of goods sold to produce these sales (not including depreciation) is estimated at 55% of sales, and the tax rate at this firm is 40%. If straight-line depreciation is used to calculate annual depreciation, what is the estimated annual operating cash flow from this project each year? (Answer to the nearest dollar.)

In: Finance

You just isolated a new strain of mutant mice, and preliminary mating suggest that the new...

You just isolated a new strain of mutant mice, and preliminary mating suggest that the new mutant phenotype is not inherited in an autosomal fashion. Circumstantial evidence seems to indicate that the mutant phenotype may be following either an X-linked dominant or a mitochondrial-type inheritance pattern.

a.) What two informative crosses would you set up to distinguish between these two possibilities?

b.) How would the results distinguish between the two possibilities?

In: Biology

A   production   company   plans   to   build   a   new   warehouse   in   order   to   supply   its   new &nb

A   production   company   plans   to   build   a   new   warehouse   in   order   to   supply   its   new   sales   points.   On   the   basis   of   a   preliminary   analysis   of   the   problem,   it   has   been   decided   that   the   facility   should   accommodate   at   least   800   pallets   of   80×80   cm2   dimension.   The   pallets   will   be   stored   onto   conventional   racks   and   transported   by   means   of   reach   trucks.   Each   rack   has   four   shelves,   each   of   which   can   store   a   single   pallet.   Each   pallet   occupies   a   1.0×1.0   m2   area.   Racks   are   arranged   as   in   the   figure   provided   in   the   lecture   notes,   where   side   aisles   are   3.0   m  

In: Operations Management

An electric utility company is considering construction of a new power facility in Albuquerque, New Mexico....

An electric utility company is considering construction of a new power facility in Albuquerque, New Mexico. Construction of the plant would cost $275 millioneach year for five years. Expected annual net cash flows are $85 million each year for five years.

Power from the facility would be sold in the Albuquerque and Santa Fe areas, where it is badly needed. The firm has received a permit, so the plant would be legal as currently proposed, but air pollution would be an issue with the new facility.

To alleviate the environmental concerns the company could spend an additional $50 millionwhen the plant is built. The additional funds cover the costs of special equipment designed to minimize the air pollution. At this time, the special pollution-abatement equipment is not required by law. If the firm adds the environmental protections to the facility, the expected annual net cash flows are $90 million for five years.

Unemployment rates are high in the area Where the plant would be built. The plant would provide about 500 new, well-paying jobs.

The risk-adjusted WACC for this project is 15%. As an employee of the utility company, you have been tasked with analyzing the project. You are to make your recommendations to the company’s Board of Directors in a memo.

  1. Calculate the NPV, IRR and regular Payback period for this project (with and without the environmental protection equipment).
  2. What is your recommendation for the utility company? Provide support for your responses.
  3. What additional qualitative/quantitative factors should be considered in accepting or rejecting both versions of this project? The factors might include job creation, salvage value, project life, discount rate (WACC) etc.

In: Finance

What are the new rules; Could you suggest a new set of Mobile rules: Think of...

  1. What are the new rules;
  2. Could you suggest a new set of Mobile rules:
  3. Think of specific examples of how HCI and mobility are different from when apps were static on PCs
  4. Consider the impact on the designer and the app design process
  5. Why is HCI arguably even more important now than previously?

In: Computer Science