McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $1110000 on research and development for the new clubs. The plant and equipment required will cost $28974149 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $1344665 that will be returned at the end of the project. The OCF of the project will be $8187464. The tax rate is 32 percent. What is the IRR for this project? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

Caspian Sea Drinks' is financed with 69.00% equity and the remainder in debt. They have 12.00-year, semi-annual pay, 5.42% coupon bonds which sell for 98.37% of par. Their stock currently has a market value of $25.81 and Mr. Bensen believes the market estimates that dividends will grow at 3.16% forever. Next year’s dividend is projected to be $2.29. Assuming a marginal tax rate of 22.00%, what is their WACC (weighted average cost of capital)? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcom-ponents at a rate of 12 500 per year (of 250 working days). Holding costs are $2 per item per year, and ordering costs are $30 per order. a) What is the economic production quantity? b) How many production runs per year will be made? c) What will be the maximum inventory level? d) What percentage of time will the facility be producing components? e) What is the annual cost of ordering and holding inventory?

Each year, Florida's Best Salad Dressing, Inc. (FBSD) purchases 50,000 gallons of extra virgin olive oil. Ordering costs are $80.00 per order, and the carrying cost, as a percentage of inventory value is 80 percent. The purchase price to FBSD is $0.50 per gallon. FBSD’s management currently orders the EOQ each time an order is placed. No safety stock is carried. The supplier is now offering a quantity discount of $0.03 per gallon if FBSD orders 10,000 gallons at a time. What is the net benefit in dollars if FBSD takes the discount? Enter your answer rounded to two decimal places.

Process equipment is purchased in a chemical industry in 2020 for OMR 102000 for an expected service life of 3 years. Original salvage value was estimated to be OMR 21000 at the end of service life. Prepare a table showing the depreciation cost and book value for each year by using the following depreciation methods.
a) Straight line method
b) Declining balance method
c) Double declining balance method
d) Sum of the years digit method
e) MACRS method using half year convection (Refer the fixed percentage factor table for applicable year)

##all the answers must be perfect without any decimal place

The Town of Weston has a Water Utility Fund with the following trial balance as of July 1, 2019, the first day of the fiscal year:

During the year ended June 30, 2020, the following transactions and events occurred in the Town of Weston Water Utility Fund:

1. Accrued expenses at July 1 were paid in cash.
2. Billings to nongovernmental customers for water usage for the year amounted to $1,381,000; billings to the General Fund amounted to $109,000.
3. Liabilities for the following were recorded during the year:

4. Materials and supplies were used in the amount of $276,000, all for costs of sales and services.
5. After collection efforts were unsuccessful, $14,100 of old accounts receivable were written off.
6. Accounts receivable collections totaled $1,472,400 from nongovernmental customers and $48,700 from the General Fund.
7. $1,041,400 of accounts payable were paid in cash.
8. One year’s interest in the amount of $176,100 was paid.
9. Construction was completed on plant assets costing $252,000; that amount was transferred to Utility Plant in Service.
10. Depreciation was recorded in the amount of $262,100.
11. The Allowance for Uncollectible Accounts was increased by $10,000.
12. As required by the loan agreement, cash in the amount of $102,000 was transferred to Restricted Assets for eventual redemption of the bonds.
13. Accrued expenses, all related to costs of sales and services, amounted to $90,000.
14. Nominal accounts for the year were closed.

Required:
a. Record the transactions for the year in general journal form.
b. Prepare a Statement of Revenues, Expenses, and Changes in Fund Net Position.
c. Prepare a Statement of Net Position as of June 30, 2020.
d. Prepare a Statement of Cash Flows for the year ended June 30, 2020. Assume all debt and interest are related to capital outlay. Assume the entire construction work in progress liability (see item 3) was paid in entry 7. Include restricted assets as cash and cash equivalents.

1. How profitable are different sectors of the stock market? One way to answer such a question is to examine profit as a percentage of stockholder equity. A random sample of 28 retail stocks such as Toys 'R' Us, Best Buy, and Gap was studied for x₁, profit as a percentage of stockholder equity. The result was x₁ = 13.9. A random sample of 36 utility (gas and electric) stocks such as Boston Edison, Wisconsin Energy, and Texas Utilities was studied for x₂, profit as a percentage of stockholder equity. The result was x₂ = 10.1. Assume that σ₁ = 4.6 and σ₂ = 4.0.

(a) Categorize the problem below according to parameter being estimated, proportion p, mean μ, difference of means μ₁ – μ₂, or difference of proportions p₁ – p₂. Then solve the problem.

μp₁ – p₂    μ₁ – μ₂p

(b) Let μ₁ represent the population mean profit as a percentage of stockholder equity for retail stocks, and let μ₂ represent the population mean profit as a percentage of stockholder equity for utility stocks. Find a 99% confidence interval for μ₁ – μ₂. (Use 1 decimal place.)

(c) Examine the confidence interval and explain what it means in the context of this problem. Does the interval consist of numbers that are all positive? all negative? of different signs? At the 99% level of confidence, does it appear that the profit as a percentage of stockholder equity for retail stocks is higher than that for utility stocks?

A. Because the interval contains only positive numbers, we can say that the profit as a percentage of stockholder equity is higher for retail stocks.

B. Because the interval contains both positive and negative numbers, we can not say that the profit as a percentage of stockholder equity is higher for retail stocks.    

C. We can not make any conclusions using this confidence interval.

D. Because the interval contains only negative numbers, we can say that the profit as a percentage of stockholder equity is higher for utility stocks.

2. Anystate Auto Insurance Company took a random sample of 384 insurance claims paid out during a 1-year period. The average claim paid was $1585. Assume σ = $256.

Find a 0.90 confidence interval for the mean claim payment. (Round your answers to two decimal places.)

Find a 0.99 confidence interval for the mean claim payment. (Round your answers to two decimal places.)

Answer the following questions:
1. Guests at a busy eight-story four-star hotel are consistently complaining about having
to wait too long for the elevator. At 8:00am, some of the elevators are in use by the
housekeeping department whose associates are going up to begin work on the guest
rooms. At the same time, room service has an elevator blocked off to serve in-room
breakfasts because the kitchen and the banqueting departments are using the service
elevators. Then, at about 10:30 am, the housekeepers use the elevators to go down for
their morning break. Guests have come to you as a front office supervisor to report the
issue.

Question:
The general manager recognises your potential and asks you to come up with
suggestions to take care of the problem/challenge. 20 marks

2. As a front office supervisor, you have realised that a client disagrees with your front
office clerk on a request being made. The client is not happy about the outcome and is
seriously angry. Does that mean that the message has not been properly understood by
the client? Or could it mean something else? Explain 20 marks

Write a program for hotel booking system using C++

Program Requirement

1. You can write any program based on the title assigned.

2. The program must fulfill ALL the requirements below. The requirements listed below are the MINIMUM requirement. Your program may extend beyond the requirements if needed.

a) Create at least one (1) base class.

b) Create at least two (2) derived classes that inherit from the base class created in 2(a).

c) Create at least one (1) object for each class and one (1) array of objects for one of the class.

d) Create at least one (1) default constructor for every classes.

f) Apply dynamic memory allocation using keyword new and delete for any object or array of objects.

g) Create at least one (1) virtual function.

h) Write sufficient comments to explain your program.

(Note : Only a reasonable level of user input checking is needed. Assume that a user will input text and numbers in good faith. He/she will not purposely enter text into a number field and will not key in non-alphanumeric characters for all text fields.)

Dr. Victor Frankenstein has been developing a new operation table for advanced surgery. This new table will be available to sell to the market in the near future. He expects the first annual cash flow from the technology to be $295,000, received four years from today. Subsequent annual cash flows will grow at 1.75% p.a. forever. If an appropriate discount rate is 10% p.a. compounded semi-annually, what is the value today of this new operation table?

Potential Answers:

$2,601,248.68

$2,589,806.38

$2,569,324.53

$2,698,356.87

$2,458,391.15