1. In order to meet new Homeland Security guidelines, the Eagles install new facial recognition technology that can instantly identify all patrons entering Lincoln Financial Field. Installing the new security system costs the team $150 million. Once installed, it is essentially costless to operate. Use the appropriate economic framework to derive the impact of installing this system on ticket prices to Eagles games.
In: Finance
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
In: Finance
Forwards, Inc., recently issued new securities to finance a new TV show. The project cost $35 million, and the company paid $2.2 million in flotation costs. In addition, the equity issued had a flotation cost of 7 percent of the amount raised, whereas the debt issued had a flotation cost of 3 percent of the amount raised. If the company issued new securities in the same proportion as its target capital structure, what is the company’s target debt-equity ratio?
In: Finance
What major new reforms did the federal government adopt during the Second New Deal and how did they mark a change from the earlier policies?
In: Economics
Answer the following questions
Al Safa Inc. plans to issue new bonds to finance its new project.
In its efforts to price the issue, Al-Safa has identified a company
of similar risk with an outstanding bond issue that has an 8
percent coupon rate having a maturity of ten years. This firm's
bonds are currently selling for $1,091.96. If interest is paid
annually for both bonds, what must the coupon rate of the new bonds
be in order for the issue to sell at par?
Answer 1
Sbitany has an issue of $1,000 par value bonds with a 14 percent
annual coupon interest rate. The issue has ten years remaining to
the maturity date. Bonds of similar risk are currently selling to
yield a 12 percent rate of return. The current value of each
Sbitany's bond is
Answer 2
Sbitany has an issue of $1,000 par value bonds with a 14 percent
coupon interest rate outstanding. The issue pays interest
semiannually and has 10 years remaining to its maturity date. Bonds
of similar risk are currently selling to yield a 12 percent rate of
return. What is the value of these bonds?
Please Solve As soon as
Solve quickly I get you two UPVOTE directly
Thank's
Abdul-Rahim Taysir
In: Accounting
“We really need to get this new material-handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities, but if necessary we can get a short-term loan down at MetroBank.” This statement by Beth Davies-Lowry, president of Intercoastal Electronics Company, concluded a meeting she had called with the firm’s top management. Intercoastal is a small, rapidly growing wholesaler of consumer electronic products. The firm’s main product lines are small kitchen appliances and power tools. Marcia Wilcox, Intercoastal’s General Manager of Marketing, has recently completed a sales forecast. She believes the company’s sales during the first quarter of 20x1 will increase by 10 percent each month over the previous month’s sales. Then Wilcox expects sales to remain constant for several months. Intercoastal’s projected balance sheet as of December 31, 20x0, is as follows:
|
Cash |
$ |
35,000 |
|
|
Accounts receivable |
252,000 |
||
|
Marketable securities |
10,000 |
||
|
Inventory |
231,000 |
||
|
Buildings and equipment (net of accumulated depreciation) |
670,000 |
||
|
Total assets |
$ |
1,198,000 |
|
|
Accounts payable |
$ |
220,500 |
|
|
Bond interest payable |
22,500 |
||
|
Property taxes payable |
4,800 |
||
|
Bonds payable (15%; due in 20x6) |
360,000 |
||
|
Common stock |
400,000 |
||
|
Retained earnings |
190,200 |
||
|
Total liabilities and stockholders’ equity |
$ |
1,198,000 |
|
Jack Hanson, the assistant controller, is now preparing a monthly budget for the first quarter of 20x1. In the process, the following information has been accumulated:
|
Sales salaries |
$ |
45,000 |
|
|
Advertising and promotion |
25,000 |
||
|
Administrative salaries |
45,000 |
||
|
Depreciation |
15,000 |
||
|
Interest on bonds |
4,500 |
||
|
Property taxes |
1,200 |
||
In addition, sales commissions run at the rate of 2 percent of sales.
Prepare Intercoastal Electronics Company’s master budget for the first quarter of 20x1 by completing the following schedules and statements:
1A) Sales budget:
1B) Cash receipts budget:
1C) Purchases budget:
1D) Cash disbursements budget:
1E) Complete the first three lines of the summary cash budget. Then do the analysis of short-term financing needs in requirement (6). Then finish requirement (5).
1F) Calculation of required short-term borrowing.
1G) Prepare Intercoastal Electronics’ budgeted income statement for the first quarter of 20x1. (Ignore income taxes.)
1H) Prepare Intercoastal Electronics’ budgeted statement of retained earnings for the first quarter of 20x1.
1I) Prepare Intercoastal Electronics’ budgeted balance sheet as of March 31, 20x1. (Hint: On March 31, 20x1, Bond Interest Payable is $9,000 and Property Taxes Payable is $1,200.)
In: Accounting
If a cell phone company conducted a telemarketing campaign to generate new clients, and the probability of successfully gaining a new customer was 0.05, what are the probabilities that contacting 25 potential new customers would result in at least 5 new customers?
In: Statistics and Probability
A Health Club chain offers three physical fitness programs in two states, New York and New Jersey. A researcher has decided to test the club’s advertised claims of the benefits of these programs. The table below, shows the results (weight loss in pounds) of the researcher’s findings.
| States | SQ | PQ | TQ |
| New York | 19 | 8 | 21 |
| 18 | 10 | 31 | |
| 25 | 10 | 26 | |
| 20 | 18 | 28 | |
| 17 | 7 | 14 | |
| 21 | 16 | 24 | |
| New Jersey | 15 | 23 | 31 |
| 28 | 32 | 31 | |
| 17 | 26 | 26 | |
| 14 | 16 | 20 | |
| 17 | 27 | 14 | |
| 13 | 18 | 9 | |
a) State the hypotheses for this experiment.
b) Using Excel, run the appropriate Data Analysis (Attach your Excel results)
c) Is there any significant interaction effect?
If there is any interaction effect? ___ Yes ___No. Explain why or, why: not.
d) Make your decision(s): (
e) Draw your conclusion(s) (in the context of the problem):
In: Statistics and Probability
1. UCI is letting students choose a new UCInetID username. Under the new system, each username must
be exactly 8 characters long; available characters are lowercase letters (a-z, 26 possible choices) and
numerical digits (0-9, 10 possible choices).
UCI would like the first character and the last three characters to be numerical digits, and the middle
four characters to be letters.
(a) How many different UCInetID usernames are possible?
(b) How many different UCInetID usernames are possible if none of the numerical digits can be used
more than once?
(c) How many different UCInetID usernames are possible if no character (letters or numbers) can be
used more than once?
(d) You are trying to log in to Canvas, but you have forgotten your UCInetID username over the
winter break. You don’t remember the whole username, but you do remember that the first three
characters are ”3li.”
Using this information you take a guess. What is the probability that you guess correctly? Note:
the only restrictions are those from the original problem, not any previous sub-problems.
In: Statistics and Probability
Mimi has seven new summer outfits. She plans to pack three of the new summer outfits in her trip to Tokyo.
(a) How many different ways can the three summer outfits be selected?
(b) Please describe the method used and the reason why it is appropriate for answering the question. Just the answer, without the description and reason, will receive no credit.
In: Statistics and Probability