Select the Lightest weight W-section of A992 steel to serve as a column 30 feet long and to carry an axial live compressive load of 160 kips. The member is pinned at the top and bottom. The member's self weight is estimated at 2000 lbs. It is supported at mid-height in its weak direction. Options: 1.W8x40 2.W10x39 3.W12x45 4.W14x48 5.W14x53 6.W10x45

A company is considering two mutually exclusive projects that have the following cash flows:

Year                       Project A Cash Flow                      Project B Cash Flow

0                              -$10,000                                             -$8,000

1                                   1000                                                7000

2                                   2000                                                1000            

3                                   6000                                                1000

4                                   6000                                                1000

If the company’s required rate of return is 10%, find the project’s NPV, IRR, PI, and payback period. Which project they should invest in?

Assume a bank with the following balance sheet at the end of the financial year.

Assets Amount Avg Duration (in years) Liabilities Amount Avg Duration (in years)

Reserves $100 0 Deposits $2000 1.5

T-notes $350 3 L T Debt $1000 15

Loans $1725 6 Equity $500 0

Mortgages $1325 12

Calculate the duration of assets and liabilities and the duration gap.

Assume a bank with the following balance sheet at the end of the financial year.

Assets Amount Avg Duration (in years) Liabilities Amount Avg Duration (in years)

Reserves $100 0 Deposits $2000 1.5

T-notes $350 3 L T Debt $1000 15

Loans $1725 6 Equity $500 0

Mortgages $1325 12

Calculate the duration of assets and liabilities and the duration gap.

Crude oil of specific gravity (0.75) is flowing through a pipe. The pipe has a diameter of 100 mm and 50 mm at the sections 1 and 2 respectively. The velocity of crude oil at the section 1 is 550 cm/s. The   section 1 is 3000 mm and section 2 is 2000 mm above the datum. If the pressure at the section 1 is 0.2 N/mm², find the intensity of pressure at section 2?

Enron Corporation's 2001 third-quarter 10-Q report disclosed the following transaction with LJM2, a nonconsolidated special purpose entity (SPE) that was formed by Enron: In June 2000, LJM2 purchased dark fiber optic cable from Enron for a purchase price of $100 million. LJM2 paid Enron $30 million in cash and the balance in an interest bearing note for $70 million. Enron recognized $67 million in pretax earnings in 2000 related to the asset sale. Pursuant to a marketing agreement with LJM2, Enron was compensated for marketing the fiber to others and providing operation and maintenance services to LJM2 with respect to the fiber. LJM2 sold a portion of the fiber to industry participants for $40 million, which resulted in Enron recognizing agency fee revenue of $20.3 million. As investigations later discovered Enron controlled LJM2 in many ways. The FASB ASC now requires the consolidation of SPEs (variable interest entities) that are essentially controlled by their primary beneficiary. By selling goods to SPEs that it controlled but did not consolidate, did Enron overstate its earnings? What effect does consolidation have on the financial reporting for transactions between a firm and its controlled entities?

King Sports owned by Tim Lane, sells sports equipment to schools and sporting clubs in Victoria. The following balances were reported in the Balance Sheet as at 30 June 2019. Account Name Balance ($) Cash at bank 39 400 Accounts receivable 2 800 Accounts payable 1 200 Capital – Tim Lane 41 000 (Note this question continues over the page) 4 Week 8 – Question 3 (Cont’d) Transactions for July 2019 were as follows: July 2 Received $2800 from accounts receivable 3 Paid $1000 of accounts payable 4 Paid rent for July $700 5 Sent invoice to customer $5600 7 Purchased office equipment for cash $2000 9 Recorded cash sales $800 10 Recorded credit sales $1500 14 Purchased office supplies for cash $330 23 Recorded cash sales $2000 31 Cash drawing by Tim Lane $800 Required: a. Prepare worksheet entries for the business transactions for the month ended 31 July 2019. b. Describe how an accounting worksheet assists in the preparation of the statement of profit or loss and the balance sheet.

(a) Write down the overall model form if one wishes to build a second order model for each value of the qualitative variable [5 points]

(c) Build a regression model showing the 90% confidence ranges of the regression parameters. Write down the mean estimates of the regression parameters for the model in (a)

(d) Write down the 90% bounds of the estimate of the y-intercept (constant term) [2 points]

(e) Compute the model prediction for a bulb with a dirty surface and with 1500 operation hours. [5 points]

(f) Perform one-way hypothesis testing for the existence of ?2 term, where ?2 is the qualitative input. Use ? = 0.05 [3 points]

Company had the following account balances, in random order, on December 31, 2020.

Additional Information:

• During the year, Sam Chiang invested $15,000 into the business.
• $7,500 of the notes payable is due this year.

Required:

1. Prepare an income statement for the company for the year ended December 31, 2020.
2. Prepare a statement of owner’s equity for the company for the year ended December 31, 2020.
3. Prepare a classified balance sheet at December 31, 2020.

1. Prepare income statement

2. Prepare statement of owner’s equity

3. Prepare balance sheet