What role does new technology play in creating new applications? Cite real world applications.

Suppose a new standardized test is given to 97 randomly selected​ third-grade students in New Jersey. The sample average score Upper Y overbarY

on the test is 56 ​points and the sample standard​ deviation, s Subscript Upper YsY​, is 10 points. The authors plan to administer the test to all​ third-grade students in New Jersey.

1. The​ 95% confidence interval for the mean score of all New Jersey third graders is (round to two decimal places).

2. Suppose the same test is given to 190 randomly selected third graders from​ Iowa, producing a sample average of 66 points and sample standard deviation of

13 points.The​ 90% confidence interval for the difference in mean scores between Iowa and New Jersey is (round to two decimal places)

3. The p​-value of the test of no difference in means versus some difference is

The Transportation Revolution made possible many new business models. Identify, describe, and elaborate on one new business model created by the development of a network of railroads across America. Please, include cited references for bibliography APA style.

For a new 5-year project, your company is considering buying new machine costing $1,000,000. The expected salvage of the machine at the end of the project is $80,000. The marketing department has forecasted that the company will be able to sell 120,000 units of new product per year at $15 per unit. The production department has indicated that the variable cost per unit will be $6. The company has forecasted that the incremental fixed costs associated with the project are $100,000. The company believes that the project will require an initial investment in operating net working capital of $150,000. Thereafter, the investment in operating net working capital will be 10% of sales.

The CCA rate is 25%, the tax rate is 40%, and the required rate of return is 15%.

1) Using net present value (NPV) calculation to determine if the company should purchase the new machine. Show all work.

2) Figure out the break-even number of units that the company must sell each year.

3) Using sensitivity analysis to determine which input (units sold, price per unit, variable cost per unit, or fixed cost) has the greatest forecasting risk. Change the input forecast by +5% and -5% to determine the impact on the NPV of the project.

4) Complete scenario analysis: a pessimistic scenario and a very pessimistic scenario. The value of the inputs for each scenario are shown in the table below. Calculate the NPV under these two additional scenarios.

Jim and Noelle are both new powerlifters. Noelle told Jim about her new training routine and said she had a 20% increase in circumference around her upper thigh along with a 15% gain in leg strength after only a month on her new routine. Jim had been struggling with both size and strength improvements so excitedly adopted Noelle’s leg training plan. After 2 months, he had still only gained about 8% in size and 7% in strength. Assuming they have similar diets and started with similar body fat percentages, what is the most likely reason for the difference in their responses to the same training routine?

FINANCIAL FORECASTING Sue Wilson, the new financial manager of New World Chemicals (NWC), a

California producer of specialized chemicals for use in fruit orchards, must prepare a formal financial forecast

for 2017. NWC’s 2016 sales were $2 billion, and the marketing department is forecasting a 25% increase for

2017. Wilson thinks the company was operating at full capacity in 2016, but she is not sure. The first step in

her forecast was to assume that key ratios would remain unchanged and that it would be “business as usual”

at NWC. The 2016 financial statements, the 2017 initial forecast, and a ratio analysis for 2016 and the 2017

initial forecast are given in Table IC 16.1.

Assume that you were recently hired as Wilson’s assistant and that your first major task is to help her

develop the formal financial forecast. She asks you to begin by answering the following questions.

a. Assume (1) that NWC was operating at full capacity in 2016 with respect to all assets, (2) that all assets

must grow at the same rate as sales, (3) that accounts payable and accrued liabilities also will grow at

the same rate as sales, and (4) that the 2016 profit margin and dividend payout will be maintained.

Under those conditions, what would the AFN equation predict the company’s financial requirements to

be for the coming year?

b. Consultations with several key managers within NWC, including production, inventory, and receivable

managers, have yielded some very useful information.

1. NWC’s high DSO is largely due to one significant customer who battled through some hardships the

past 2 years but who appears to be financially healthy again and is generating strong cash flow. As a

result, NWC’s accounts receivable manager expects the firm to lower receivables enough for a

calculated DSO of 34 days without adversely affecting sales.

2. NWC was operating slightly below capacity; but its forecasted growth will require a new facility,

which is expected to increase NWC’s net fixed assets to $700 million.

3. Arelatively newinventorymanagement system(installed last year) has taken some time to catch on and

to operate efficiently.NWC’s inventory turnover improved slightly last year, but this yearNWC expects

even more improvement as inventories decrease and inventory turnover is expected to rise to 10 .

Incorporate that information into the 2017 initial forecast results, as these adjustments to the initial forecast

represent the final forecast for 2017. (Hint: Total assets do not change from the initial forecast.)

c. Calculate NWC’s forecasted ratios based on its final forecast and compare them with the company’s

2016 historical ratios, the 2017 initial forecast ratios, and the industry averages. How does NWC

compare with the average firm in its industry, and is the company’s financial position expected to

improve during the coming year? Explain.

The health care IT industry faces new challenges based on new health care insurance provider requirements, including evolving guidance for the Center of Medicare and Medicaid Services (CMS). Describe a recent change to CMS regulatory reporting requirements and the role of a health information management (HIM) professional in ensuring an organization is in compliance.

Introducing a new product, profitability Santos Company is considering
introducing a new compact disc player model at a price of $105 per

Direct materials cost $3,600,000
Direct labor cost $2,400,000
Variable manufacturing overhead $1,200,000
Sales commission 10% of sales
Fixed cost $2,000,000
information based on an estimate of 120,000 units of sales annually for the
new product:
The sales manager expects the introduction of the new model to result in a
reduction in sales of the existing model from 300,000 to 240,000 units. The
contribution margin for the existing model is $20 per unit.
Required
(a) Determine the total impact on Santos’s profit from the introduction of the new model.
(b) Should Santos introduce the new model? Explain.

“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:

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:

Projected sales for December of 20x0 are $500,000. Credit sales typically are 80 percent of total sales. Intercoastal’s credit experience indicates that 10 percent of the credit sales are collected during the month of sale, and the remainder are collected during the following month.

Intercoastal’s cost of goods sold generally runs at 70 percent of sales. Inventory is purchased on account, and 40 percent of each month’s purchases are paid during the month of purchase. The remainder is paid during the following month. In order to have adequate stocks of inventory on hand, the firm attempts to have inventory at the end of each month equal to half of the next month’s projected cost of goods sold.

Hanson has estimated that Intercoastal’s other monthly expenses will be as follows:

In addition, sales commissions run at the rate of 2 percent of sales.

Intercoastal’s president, Davies-Lowry, has indicated that the firm should invest $115,000 in an automated inventory-handling system to control the movement of inventory in the firm’s warehouse just after the new year begins. These equipment purchases will be financed primarily from the firm’s cash and marketable securities. However, Davies-Lowry believes that Intercoastal needs to keep a minimum cash balance of $50,000. If necessary, the remainder of the equipment purchases will be financed using short-term credit from a local bank. The minimum period for such a loan is three months. Hanson believes short-term interest rates will be 10 percent per year at the time of the equipment purchases. If a loan is necessary, Davies-Lowry has decided it should be paid off by the end of the first quarter if possible.

Intercoastal’s board of directors has indicated an intention to declare and pay dividends of $50,000 on the last day of each quarter.

The interest on any short-term borrowing will be paid when the loan is repaid. Interest on Intercoastal’s bonds is paid semiannually on January 31 and July 31 for the preceding six-month period.

Property taxes are paid semiannually on February 28 and August 31 for the preceding six-month period.

Required:

Prepare Intercoastal Electronics Company’s master budget for the first quarter of 20x1 by completing the following schedules and statements.

Pardon Me, Inc., recently issued new securities to finance a new TV show. The project cost $14.4 million, and the company paid $765,000 in flotation costs. In addition, the equity issued had a flotation cost of 7.4 percent of the amount raised, whereas the debt issued had a flotation cost of 3.4 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? PLEASE SHOW ME ALL WORK, I ONLY HAVE THREE QUESTIONS I CAN POST, please provide me with the correct answer. Thank You!