Questions
The Chocolate Ice Cream Company and the Vanilla Ice Cream Company have agreed to merge and...

The Chocolate Ice Cream Company and the Vanilla Ice Cream Company have agreed to merge and form Fudge Swirl Consolidated. Both companies are exactly alike except that they are located in different towns. The end-of-period value of each firm is determined by the weather, as shown below. There will be no synergy to the merger.

State Probability Value
Rainy .1 $ 280,000
Warm .4 460,000
Hot .5 920,000

  

The weather conditions in each town are independent of those in the other. Furthermore, each company has an outstanding debt claim of $460,000. Assume that no premiums are paid in the merger.

a.
What are the possible values of the combined company? (Do not round intermediate calculations.)

Possible states Joint Value
Rain-Rain $
Rain-Warm
Rain-Hot
Warm-Warm
Warm-Hot
Hot-Hot

  

b. What are the possible values of end-of-period debt and stock after the merger? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations.)

Debt Value Stock Value
Rain-Rain $ $
Rain-Warm
Rain-Hot
Warm-Warm
Warm-Hot
Hot-Hot

c. How much do stockholders and bondholders each gain or lose if the merger is undertaken? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)

Bondholder gain/loss $
Stockholder gain/loss $

In: Finance

Before you go into your boss’s office (the COO) for a meeting, you hear him berating...

Before you go into your boss’s office (the COO) for a meeting, you hear him berating the CFO about a local building project your company is currently pursuing.

CFO: “But, Todd, according to the latest projections from the university next year, they anticipate a 22 percent decrease in enrollment. These are the very students we were targeting this complex for. This could result in an estimated loss of revenues of nearly 30 percent!”

COO: “Alex, I’m sick of this discussion. According to your numbers, we’ve already spent $200,000 on the foundation and pipe laying for the utilities to that apartment complex. You’re wanting us to abandon all the money we’ve spent on this project?”  

For the meeting, you are holding in your hand the projections you’ve just finished in order to give to the two officers in the C-suite. It shows the following:

                        Estimated population growth of community over the next 5 years = -1.4 percent

                        Estimated revenues from decreased enrollment projections = $77,000

                        Estimated variable costs from operating complex when opened = $90,000

                        Analysis of community trends: small-town atmosphere, mostly retired homeowners; not expecting growth in middle-class due to COVID-19 effects; college population decreasing

                        Confidence in above estimates= 88 percent

Upon going into the office, the two men look at you quizzically. The COO looks at you and asks your advice. What do you tell him?

In: Economics

The Dove Spa was a massage parlor, which the police suspected was operating as a prostitution...

The Dove Spa was a massage parlor, which the police suspected was operating as a prostitution enterprise, but they had no direct evidence to prove it. The police department decided to initiate an undercover operation in which a plainclothes detective entered and asked for the services of one of the women working there. The woman, of course, did not know he was a police officer, or was wearing a hidden microphone. For $100 and a $35 tip, she fondled the officer’s genitals. The same officer went back to the massage parlor four more times. Over a period of five months, the same officer also visited the massage parlor in another town and allowed the women, who were Chinese immigrants, to fondle him in exchange for cash. This was done in an apparent effort to investigate suspected prostitution and human trafficking. Ultimately, 30 police officers raided two businesses and arrested six people—four alleged prostitutes and two alleged pimps. The undercover methods were defended by the police, but were criticized by legal experts and women’s advocates as “excessive, unnecessary, and misapplied” to an investigation that involved suspected human trafficking.

Evaluate the moral permissibility of police officer’s actions in conducting this investigation using the critical thinking skills listed below:

-Isolate and evaluate the relevant facts on both sides

, -Identify the precise moral question to be answered, and

- Apply ethical principles to the moral question based on an objective evaluation of the facts, only then drawing a conclusion.

In: Psychology

Answer A through D, please! Currently Sam and Carla have the only taxi services in a...

Answer A through D, please!

Currently Sam and Carla have the only taxi services in a small town. Both Sam and Carla are thinking about discounting their respective fares by 20% to attract more business.

The possible outcomes of this game are as follows.

First: Sam offers discounts, while Carla does not, which will result in Sam earning $800 in profit and Carla earning $300 in profit.

Second: Sam and Carla both offer discounts, which will result in Sam earning $200 in profit and Carla earning $500 in profit.

Third: Sam and Carla both do not offer discounts, which will result in Sam earning $600 in profit and Carla earning $700 in profit.

Fourth: Carla offers discounts, while Sam does not, which will result in Sam earning $100 in profit and Carla earning $1,000 in profit.

a) Please construct a payoff matrix for Sam and Carla uses the outcomes above. (You can use the Table Function in Word to create a payoff matrix.)

b) Does Sam have a dominant (optimal) strategy? Please explain your answer.

c) Does Carla have a dominant (optimal) strategy? Please explain your answer.

d) Is there an equilibrium (Nash Equilibrium) solution to this problem where we can predict the strategy of both Sam and Carla? Please explain your reasoning.

In: Economics

Read through the examples below and identify the positive, negative, or cognitive symptoms of schizophrenia. Choose...

Read through the examples below and identify the positive, negative, or cognitive symptoms of schizophrenia. Choose any 3 to answer. You must explain whether it is a positive/negative/cognitive symptoms and WHY it is positive/negative/cognitive. Elaborate on the type of symptom.

2. Alice does not smile or frown. It does not matter whether she hears a joke or receives bad news. In fact, it seems as if she has no feelings. Sometimes she will sit or stand in the same position for hours and hours and hours without shifting or moving in the slightest.

3. Thomas believes he is Jesus and so goes into the middle of downtown and stands on the town square and starts preaching out loud to the people passing by. He claims that he can cure the sick and help the disabled walk again. If he sees someone drinking he tells them they are going to hell and should come forward and ask for total forgiveness of their sins, which he alone can grant. He is unkempt, wearing multiple layers of clothes no matter the weather. When arrested for disturbing the peace, Thomas yells.

4. Priya receives a lot of junk mail from various organizations asking her to donate money. She believes that the mail is from the IRS and that the government is trying to get information and money from her. She is afraid that co-workers have injected her with something to keep her from telling the government the company secrets.

In: Psychology

According to a recent study annual per capita consumption of milk in the United States is...

According to a recent study annual per capita consumption of milk in the United States is 22.6 gallons. Being from the Midwest, you believe milk consumption is higher there and wish to test your hypothesis. A sample of 14 individuals from the Midwestern town of Webster City was selected and then each person's milk consumption was entered into the Microsoft Excel Online file below. Use the data to set up your spreadsheet and test your hypothesis.

 
Gallons of Milk
28.3
23.84
25.25
21
17.52
19.61
19.83
26.18
34.97
30.1
28.59
20.57
26.94
27.24

Open spreadsheet

  1. Develop a hypothesis test that can be used to determine whether the mean annual consumption in Webster City is higher than the national mean.

    H0: ? _________> 22.6≥ 22.6= 22.6≤ 22.6< 22.6≠ 22.6

    Ha: ? _________> 22.6≥ 22.6= 22.6≤ 22.6< 22.6≠ 22.6

  2. What is a point estimate of the difference between mean annual consumption in Webster City and the national mean?

    (2 decimals) ______

  3. At ? = 0.01, test for a significant difference by completing the following.

    Calculate the value of the test statistic (2 decimals).

    _______

    The p-value is  (4 decimals)

  4. Reject the null hypothesis?

    _____NoYes

    What is your conclusion?

    _________There is insufficient evidence to conclude that the population mean consumption of milk in Webster City is greater than the hypothesized mean.Conclude the population mean consumption of milk in Webster City is greater than the hypothesized mean.

In: Math

3. Consider the following situation and answer the subsequent questions to the best of your engineering...

3. Consider the following situation and answer the subsequent questions to the best of your engineering ability and judgment. a. There are two Schultz Creek watersheds, East and West. The East drains into unincorporated communities east of Flagstaff, and the West drains into the City of Flagstaff itself. The key point about ‘unincorporated’ is that this means these residents did not live in a city or town, and for some infrastructure aspects like storm drainage, there were no requirements or regulations. Prior to 2010 both of these watersheds were heavily forested and due to almost a hundred years of fire suppression instead of fire management, both watersheds had accumulated thick, water-absorbing masses of pine needles and decomposed pine needles on the forest floor. This prevented the watersheds from ‘delivering’ runoff to its streams in normal years because all of the precipitation was stored in the pine needle layers, sometimes referred to as ‘duff’. Only in heavy snow and rain years, about once every 5-7 years, would the streams flow, instead of every one or two years. i. The East Schultz Creek Watershed is approximately 14 square miles in area. The West is about 6 square miles in area. Assume that the following hydrologic soil group percentages hold for both watersheds prior to 2010: 5% HSG D, 8% HSG C, 15% HSG B, and the rest is HSG A, due to the extensive duff in the watershed.

In: Civil Engineering

Wendy O"neil (SSN 412-34-5670), who is single, work full time as the director at a local...

Wendy O"neil (SSN 412-34-5670), who is single, work full time as the director at a local charity. She resides at 1501 Front St Highland, AZ 85711 for the year. she had the following on her w2

wages 46200

federal withholding 6930

social security wages 46200

social security withholding 2864

medicare withholding 670

state withholding 2310

other information

1099-int 300

1099 div ordinary 400

qualified 400

itemized

state income 2310

state income tax paid with the 2016 return 100

real estate tax 2600

mortgage interest 8060

Wendy inherited a beach house in north carolina (rental only) on 1/02/2017 from her father, The FMV at the father death was 850000. He had purchase the house 20years earlier for 100000.

summer rental income 450000

repairs 25000

real estate taxes 6500

utilities 2400

depreciation ????

on december 29,2017 wendy properly conducted a like kind exchange for rent real estate located at 128 lake blvd hot town, AZ/

she receive rental property with an FMV of 950000 and 20000 cash in exchange for the north carolina beach house. The arizona property did not produce any income until 2018. Prepare form 1040 schedule D, Schedule E form 4562, and 8824.

In: Accounting

Roberta and Clarence are members of the same taskforce at work. At the beginning, the two...

Roberta and Clarence are members of the same taskforce at work. At the beginning, the two didn’t get along well, so they avoided contact. Other members of the group have begun to notice, and recently, communication between all taskforce members came to a standstill. The taskforce has become ineffective in completing its assigned tasks as a result. This is an example of what type of conflict?

a.

Dysfunctional conflict

b.

Functional conflict

c.

Personalized conflict

d.

Substantive conflict

A group meets regularly at R.Q.M Manufacturing to review product quality issues. Members of the production line are arguing with members of the design team, shifting blame on quality issues from one to the other. The group leader attempts to identify possible issues on both sides. In the end, the group works together to identify problems and solutions. This is an example of which conflict-resolution style?

a.

Compromise

b.

Accommodate

c.

Compete

d.

Collaborate

Wendel and his colleague Jeff are preparing to go on a lunch break. Wendel really wants fast food so he can eat quickly and get back to work to meet a project deadline, but Jeff wants to have a leisurely lunch at the grill across town. Wendel decides to accommodate Jeff’s wishes, hoping that down the road someday, Jeff will accommodate his wishes. This is an example of which conflict-resolution style?

a.

Compromise

b.

Withdraw

c.

Accommodate

d.

Collaborate

In: Operations Management

If you’re like some college students, you are always worried about having enough money. Suppose that...

If you’re like some college students, you are always worried about having enough money. Suppose that you decide to become an Uber driver, and you offer rides to students on weekends. For a fee, you will drive them to parties and pick them up at the end of the night. Your marginal cost per ride is $10. To keep things simple, assume you are the only person in your town providing this service; that is, you’re a monopolist. On any given weekend, there are six customers who want a ride—three men and three women. The table below shows the most each person is willing to pay for a ride.

Customer Maximum willingness to pay
John 70
Mary 60
Peter 50
Kristine 40
Paul 30
Samantha 20

Part 1) If you could charge only a single price, you would earn   $------ in profit.

Part 2) Suppose you could charge men and women different prices. The tables below show each group's demand.

Customer Maximum willingness to pay
John $70
Peter 50
Paul 30
Customer Maximum willingness to pay
Mary $60
Kristine 40
Samantha 20

If you charge men one price and women another price, you would earn   $------ in profit.

Part 3 : How much profit would you earn if you practice perfect price discrimination?   $ -------

In: Economics