Suppose A Company accepts all projects with payback periods less than 3 years. State which project(s) the company should undertake based on this policy and determine the total NPV from following this policy.

(a) Apply Maxwell relation and Gibb’s first equation (du=TdS-Pdv) to find the (∂u/∂P)_Trelation in terms of directly measurable properties (P, V and T). For an ideal gas, what will be the value of that partial derivative?

(b) Illustrate physical meaning of Inversion line with the help of T-P diagram.

(C) Assume that carbon dioxide (CO2) is collected from bacterial decomposition of organic matter at 5℃, and atmospheric pressure (100 kPa), and is required to be used in a process at -30℃, 40 bar. Apply theory of real gas behavior to calculate how much actual minimum work input and heat transfer is required to reach this state. Also, suggest some devices that can be used to obtain this state change

When investing overseas for the first time what were your first thoughts? How do you measure the risk vs return for an international market investment? What actions will you take to minimize the level of risk? And What actions will you take to gain a high return from this international investment? Are there certain guidelines you follow that when investing overseas, and what are a few of the ventures that you would never ever undertake and why?

Bakul Mala Manufacturing, which uses the First-In, First-Out costing method, produces a product that passes through two departments: A and B. In the Department A, all materials are added at the beginning of the process and all other manufacturing inputs are added uniformly.

The following information relates to Department A for the month of July:  

a.       Beginning Work-In-Process, 1 July: 400,000 units (20% complete with respect to conversion costs). The costs assigned to this work are as follows:

• Direct Materials = $80,000
• Conversion costs = $40,000

b.      Ending Work-In-Process, 31 July: 100,000 units (80% complete with respect to conversion costs).   

c.      Units completed and transferred out: 500,000 units.

The following costs were added during July:

• Direct Materials = $200,000
• Conversion Costs = $100,000

Required:  

SHOW CALCULATION FOR EACH QUESTION IN THE RESPONSE BOX.  

1. Prepare a physical flow schedule.   

2. Prepare a schedule of equivalent units.   

3. Calculate the cost per equivalent unit.   

4. Calculate the cost of goods transferred out and the cost of Ending Work-In-Process.

5. Would you recommend Bakul Mala Manufacturing to continue to employ the First-In, First-Out costing method, or should it consider alternative costing methods (i.e. the weighted average method)? Briefly explain and justify your recommendation.  

How important Habit-3 “Put First Things First” in your life. Discuss time management quadrants and then put yourself in those quadrants in detail.

Cerner Corporation announced a first-come, first-serve stock repurchase offer to its shareholders – the company agreed to repurchase 2,653,780 shares of its common stock in exchange for total consideration of $173,434,000. Cerner had 329,641,500 total shares outstanding before the redemption. You acquired 16,482,075 shares of Cerner's stock two years ago for $20/share. You were the only shareholder to participate in the repurchase offer and Cerner agreed to redeem the total number of shares directly from you.

Choose the response that accurately represents the amount and character of taxable income that you would report on your tax return with respect to the stock redemption assuming the redemption DID NOT qualify for exchange treatment.

If applicable, you may assume Cerner's current E&P balance is well in excess of its total dividend distributions for the year.

Multiple Choice

$173,434,000 short-term capital gain

$120,358,400 dividend income

$120,358,400 long-term capital gain

$173,434,000 long-term capital gain

$173,434,000 dividend income

IFO costingUsing first-in, first-out; perpetual inventory costing; and the fol-lowing information, determine the cost of materials used andthe cost of the July 31 inventory:July 1 Balance on hand, 1,000 yd of linen @ $4.00 each.3 Issued 250 yd.5 Received 500 yd @ $4.50 each.6 Issued 150 yd.10 Issued 110 yd.11 Factory returned 10 yd, which were issued on the 10th, to thestoreroom.15 Received 500 yd @ $5.00 each.20 Returned 300 yd to the vendor from the July 15 purchase.26 Issued 600 yd

Cerner Corporation announced a first-come, first-serve stock repurchase offer to its shareholders – the company agreed to repurchase 2,653,780 shares of its common stock in exchange for total consideration of $173,434,000. Cerner had 329,641,500 total shares outstanding before the redemption.

You acquired 16,482,075 shares of Cerner's stock two years ago for $20/share. You were the only shareholder to participate in the repurchase offer and Cerner agreed to redeem the total number of shares directly from you.

Using the applicable tax rates provided below, compute your after-tax savings if the redemption is treated as an exchange as opposed to a dividend distribution. Any dividend income amounts should be considered ordinary income in character.

For purposes of the after-tax savings calculation, you should assume you are liable for the net investment income tax on both capital gains and dividend income.

Applicable tax rates:

Individual - ordinary income - 34%

Individual - long-term capital gains - 20%

Individual - net investment income - 3.8%

1.Describe costing inventory using first-in, first-out. Address the different treatment, if any, that must be given for periodic and perpetual inventory updating.

2. Describe costing inventory using last-in, first-out. Address the different treatment, if any, that must be given for periodic and perpetual inventory updating.

3.Describe costing inventory using weighted average. Address the different treatment, if any, that must be given for periodic and perpetual inventory updating.