Questions
McCullough Pet Supplies, Inc., is a young start-up company. No dividends will be paid on the...

McCullough Pet Supplies, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years, because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $15 per share 10 years from today and will increase the dividend by 5 percent per year thereafter.

Required:

If the required return on this stock is 14 percent, what is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

  Current share price

$   

Stauber Corporation is expected to pay the following dividends over the next four years: $3, $10, $15, and $3.08. Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends, forever.

Required:

If the required return on the stock is 11 percent, what is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Current Share Price: $

Young Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter.

Required:

If the required return is 13 percent and the company just paid a $2.50 dividend, what is the current share price? (Hint: Calculate the first four dividends.) (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

  

  

In: Finance

Discussion: Leadership & Prioritization 22 unread replies.22 replies. You are the RN working on a surgical...

Discussion: Leadership & Prioritization 22 unread replies.22 replies. You are the RN working on a surgical unit, and you are assigned the following four clients: A 62-year old male with a history of COPD and CHF, who had a cholecystectomy A 28-year old female with a head injury from a motorcycle accident who had burr hole surgery A 43-year old female with controlled AFib who has a broken right leg from falling off a horse A 62-year old college professor who had a stroke while playing tennis Their surgeries were all unremarkable, and they are all 1-day postoperative. You heard the following updates in change-of-shift report this morning: 02 sat 92% on 2L, lung sounds diminished bilaterally, non-productive cough Persistent confusion and slight restlessness, moves all extremities Pain level is 8/10, up from 5/10 last night. Right pedal pulses weak, right foot swollen. Complaining of headache at 10/10, unrelieved by pain medication. Questions:

1.Which of these clients should the nurse see first? Explain your answer.

2 What other information is needed (if any) to make your decision.

3 Use the Nightingale library and the CINAHL search system to find an article from a peer-reviewed journal published in the last 5 that supports the priorities of nursing care you identified.

In: Nursing

Chapter 17( Immunohematology and Transfusion Medicine) A 17-year-old man is admitted with multiple injuries after his...

Chapter 17( Immunohematology and Transfusion Medicine)

A 17-year-old man is admitted with multiple injuries after his motorcycle crashes. The emergency department physician draws a blood sample for a STAT type and crossmatch. The motorcyclist's passenger also has blood drawn for a STAT type and screen. An immediate-spin crossmatch is compatible between the group A patient and group A donor. The unit of blood is issued from the blood bank as an emergency release. After receiving 50 mL of the first unit of RBCs, the man develops shaking chills and becomes hypotensive with a falling blood pressure. The unit of cells is immediately discontinued, and the transfusion service is notified of the situation. A recheck of testing is requested immediately.

Laboratory Testing Clerical check:

No evidence of clerical errors

Hemoglobinemia: Slight hemolysis observed

Direct antiglobulin test

Patient pretransfusion: Negative

Patient posttransfusion: Weakly positive

Recheck of blood grouping

pretransfusion: A positive Patient

posttransfusion: O positive

Donor: A positive

Repeat crossmatches

Patient pretransfusion + Donor red blood cells = Compatible

posttransfusion + Donor red blood cells = Incompatible

Critical Thinking Group Discussion

1. Why did this patient experience shaking chills and other adverse effects after receiving only 50 mL of red blood cells?

2. If the patient's adverse reaction to the blood transfusion had not been noted soon after the beginning of the transfusion, what physiologic changes would have occurred to the patient?

In: Anatomy and Physiology

PneumoTech, Inc. is studying the addition of a new valve to its product line. The valve...

PneumoTech, Inc. is studying the addition of a new valve to its product line. The valve would be used by manufacturers of pneumatic equipment. The company anticipates starting with a relatively low sales volume and then boosting demand over the next several years. A new salesperson must be hired because PneumoTech's current sales force is working at capacity. Two compensation plans are under consideration:

           Plan A:    An annual salary of $33,000 plus a 10% commission based on gross dollar sales.

           Plan B:    An annual salary of $99,000 and no commission.

PneumoTech, Inc. will purchase the valve for $75 and sell it for $120. Anticipated demand during the first year is 6,000 units. (In the following requirements, ignore income taxes.)

Required:

1. Compute PneumoTech's break-even point for Plan A and Plan B.

2. What is meant by the term operating leverage?

3. Analyze the cost structures of both plans at the anticipated demand of 6,000 units. Which of the two plans is more highly leveraged? Why?

4. Assume that a general economic downturn occurred during year 2, with product demand falling from 6,000 to 5,000 units. Determine the percentage decrease in company net income if PneumTech had adopted Plan A.

5. Repeat requirement (4) for Plan B. Compare Plan A and Plan B, and explain a major factor that underlies any resulting differences.

6. Briefly discuss the likely profitability impact of an economic recession for highly automated manufacturers. What can you say about the risk associated with these firms?

In: Accounting

This question has its origin to the reference on the Aegis experiment at CERN where they...

This question has its origin to the reference on the Aegis experiment at CERN where they aim to produce super cooled antihydrogen and detect whether its reaction to gravity is negative.

It set me thinking that the beams in the Tevatron circulate for more than a second and everything falls about 4.9 meters in a second, so the bunches must be falling too. This of course will be compensated by the fields that keep the bunches in track among all the other corrections necessary. If though the antiprotons have a different behavior under gravity, this difference would appear in the orbits of protons and antiprotons.

The question has two points: a) since the beams are travelling equal and opposite paths through the magnetic circuit, a negative gravity effect on antiprotons would disperse the antiproton beam up with respect to the path of the proton one. Could one get a limit on the magnitude of the gravitational effect difference between protons and antiprotons from this?

I found one reference where the antiproton beam has a different behavior in chromaticity than the proton one, and it is explained away.

Now I am completely vague about beam dynamics which I have filed under "art" rather than "physics" but b) am wondering whether this observed difference could be interpreted as a gravitational field difference in a dedicated experiment.

Maybe there are beam engineers reading this list. My feeling is that if antiparticles had negative gravity interactions , beam engineers would have detected it since the first e+e- machine, but feelings can be wrong.

In: Physics

Periodic Inventory by Three MethodsDymac Appliances uses the periodic inventory system. Detailsregarding the inventory...

Periodic Inventory by Three Methods

Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows:

Purchases Invoices Inventory Count, December 31 Model A10 B15 E60 683 134 M90 070 Inventory January 1 C 1st 4 at 8 at $ 176 4

Required:

1. Determine the cost of the inventory on December 31 by the first-in, first-out method.

If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.

Dymac Appliances Cost of the Inventory-FIFO Method December 31 Quantity Unit Cost Total Cost $ $ Model A10 A10 B15 B15 E60 G8

2. Determine the cost of the inventory on December 31 by the last-in, first-out method.

If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the OLDEST units first.

Dymac Appliances Cost of the Inventory-LIFO Method December 31 Quantity Unit Cost Total Cost $ Model A10 A10 B15 E60 E60 G83

3. Determine the cost of the inventory on December 31 by the weighted average cost method.

Dymac Appliances Cost of the Inventory-Weighted Average Method December 31 Model Quantity Unit Cost Total Cost A10 B15 E60 G8

4a. Which inventory method would be preferred for income tax purposes in periods of rising prices?

4b. Which inventory method would be preferred for income tax purposes in periods of declining prices?


In: Accounting

PortaCom manufactures notebook computers and related equipment. PortaCom's product design group developed a prototype for a...

PortaCom manufactures notebook computers and related equipment. PortaCom's product design group developed a prototype for a new high-quality portable printer. The new printer features an innovative design and has the potential to capture a significant share of the portable printer market. Preliminary marketing and financial analyses provided the following selling price, first-year administrative cost, and first-year advertising cost:

Selling price = $245 per unit
Administrative cost = $350,000
Advertising cost = $550,000

In the simulation model for the PortaCom problem, the preceding values are constants and are referred to as parameters of the model.

  1. An engineer on the product development team believes that first-year sales for the new printer will be 18,000 units. Using estimates of $44 per unit for the direct labor cost and $93 per unit for the parts cost, what is the first-year profit using the engineer's sales estimate?

    $   
  2. The financial analyst on the product development team is more conservative, indicating that parts cost may well be $101 per unit. In addition, the analyst suggests that a sales volume of 9,500 units is more realistic. Using the most likely value of $44 per unit for the direct labor cost, what is the first-year profit using the financial analyst's estimates?

    $   

In: Finance

in what way can the stock market affect the whole economy?a) is an important source...

in what way can the stock market affect the whole economy?

a) is an important source of funds for corporation

b) it can affect consumer and business sentiment

c) It is an important factor effecting consumer wealth and thus consumer spending

Adverse slecetion and moral hazard are examples of

a) transaction costs

b)information costs

c) symmetric information

d) financial market efficiency

Which of the following is an example of adverse selection?

a) a homeowner with large fire insurance policy allows the wiring in her house to deteriorate

b) a woman with a large life insurance policy takes up sky diving

c) your brother-in-law borrows $20,000 from you to open a pizza parlor, but spending it gambling

d) A man with a bad heart condition buys a large life insurance policy

In: Economics

Many individuals who receive a stimulus check as a result of COVID- 19 will receive a...

Many individuals who receive a stimulus check as a result of COVID- 19 will receive a $1200 direct deposit. Individuals earning between 75k and 99k will only receive a fraction of the $1200 deposit. Suppose Debra earned above 75k in 2018 and 2019 and only receives a $1000 direct deposit stimulus. Using the bank ledger, we have seen in class, and assuming the required reserve ratio is .7, show three bank deposits from the initial round of spending. What is the ultimate impact on money supply? In one or more paragraph describe what happens in each round of spending and the overall impact on money supply. Also include in your explanation, alongside a clearly labeled graph, the impact on the money market.

PLEASE HELP WITH THE GRAPH(S) SPECIFICALLY.

In: Economics

Is there a relationship between the dollars spent each week on recreation and the number of...

Is there a relationship between the dollars spent each week on recreation and the number of members of the family? Do larger families spend more on recreation? Ten Chicago families shared the following information:

Family Size               3         6        5        6        6        3        4         4         5        3

Amount Spent          99        104     151     129     142     111     74        91        119     91

h. Predict the recreational spending for a family of size 5.

i. If there are families of that size in the data set, what are the residuals for those observations?

j. Test the explanatory power of the model at a 5% level of significance.

k. Test if there is a positive relationship between family size and recreational spending. Use alpha = 0.01.

l. What is the excel command used to produce the p-value associated with the test in part k?

In: Statistics and Probability