Show graphically a case where increasing the number of firms can speed up the arrival of innovation. Show a case where it can slow the arrival of innovation down. What is the key difference in terms of firm level incentives from adding additional firms in each scenario?
In: Economics
|
General Motors purchased a speculative Call on Household Manufacturing common stock on March 18, 2010, for $11,692. The Call is on 800 shares at a strike price of $683. It expires on September 30, 2010. The following data is available with respect to the Call: |
||
|
Date |
Market Price of Household Manufacturing Shares |
Time Value of Household Manufacturing Option |
|
March 18, 2010 |
683 |
11,692 |
|
March 31, 2010 |
761 |
10,917 |
|
June 30, 2010 |
755 |
5,488 |
|
September 30, 2010 |
631 |
- |
|
What is the amount of the net income (realized and/or unrealized) recorded on the income statement for all periods as of June 30, 2010 on the Call? |
||
*Please show steps*
In: Finance
SAT-Corp. is considering the purchase of a new piece of machinery that will cost them $1,800,695 today (in 2010). This piece of machinery, however, will increase the company’s after-tax cash flows by $500,000 in 2011, $750,000 in 2012, $1,000,000 in 2013. If SAT-Corp.’s discount rate (WACC) is 10%, then the NPV of making this purchase is (show steps)
In: Finance
Research on buffer overflow attacks. How do the various types of overflow attacks differ? When did they first start to occur? What can they do and not do? What must a programmer do to prevent a buffer overflow? Answer briefly in your own words.
In: Computer Science
The balance sheet for Tactex Controls Inc., provincially
incorporated in 2018, reported the following components of equity
on December 31, 2019.
| Tactex Controls Inc. | |||
| Equity Section of the Balance Sheet | |||
| December 31, 2019 | |||
| Contributed capital: | |||
| Preferred shares, $2.8 cumulative, unlimited shares authorized; 27,000 shares issued and outstanding | $ | 399,000 | |
| Common shares, unlimited shares authorized; 82,000 shares issued and outstanding | 742,000 | ||
| Total contributed capital | $ | 1,141,000 | |
| Retained earnings | 385,000 | ||
| Total equity | $ | 1,526,000 | |
In 2020 and 2021, the company had the following transactions
affecting shareholders and the equity accounts:
| 2020 | |||
| Jan. | 1 | Sold 37,000 common shares at $11.34 per share. | |
| 5 | The directors declared a total cash dividend of $238,000 payable on Feb. 28 to the Feb. 5 shareholders of record. Dividends had not been declared for the years 2018 and 2019. All of the preferred shares had been issued during 2018. | ||
| Feb. | 28 | Paid the dividends declared on January 5. | |
| July | 1 | Sold preferred shares for a total of $157,500. The average issue price was $20 per share. | |
| Dec. | 31 | Closed the dividend accounts along with the $577,500 credit balance in the Income Summary account. | |
| 2021 | |||
| Sept. | 5 | The directors declared the required cash dividend on the preferred shares and a $2.1 per common share cash dividend payable on October 28 to the October 5 shareholders of record. | |
| Oct. | 28 | Paid the dividends declared on September 5. | |
| Dec. | 31 | Closed the Cash Dividends account along with the $543,900 credit balance in the Income Summary account. | |
In: Accounting
2. Program containing two modules:
a. Create a class Code one programmer-written constructor
Create several instance data attributes
Create 3 methods which will each be invoked from the driver program
- one method will not receive any parameters, but will return a value to driver program
- one method will receive one parameter, and will also return a value to driver program
- a display method will receive 2 parameters from driver program
Define a constant properly; use the constant in a calculation
Generate getters and setters for each data attribute
b. Create a driver program
Instantiate objects using the programmer-written constructor
Call each of 3 methods, for every instantiated object, saving any values being returned
Call display method passing necessary values to the method that resides in the class
In: Computer Science
Let assume that nominal GDP in 2010 increased by 6% (over its previous level in 2009). With this information, we can say that: Question 2 options:
either output or prices increased in 2010.
the GDP deflator increased during 2010.
both the GDP deflator and real GDP increased during 2010.
only prices increased in 2010.
real GDP increased during 20010.
In: Economics
Michael’s Corporation Data for 2020
1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $75,000. This
difference will reverse in equal amounts of $25,000 over the years 201–202 .
2. Interest received on municipal bonds was $24,000.
3. Rent collected in advance on January 1, 2020, totaled $45,000 for a 3- year period. Of this amount, $30,000 was reported as unearned at December 31, 2020, for book purposes.
4. The tax rates are 30% for 2020 and 20% for 2021 and subsequent years.
5. Income taxes of $270,000 are due per the tax return for 2020.
6. No deferred taxes existed at the beginning of 2020.
Required
(a) Compute taxable income for 2020.
(b) Compute pretax financial income for 2020.
(c) Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2020 and
2021. Assume taxable income was $760,000 in 2021.
(d) Prepare the income tax expense section of the income statement for 20 , beginning with “Income
before income taxes.”
In: Accounting
You are the security Manager for a medium-sized bank You have been asked to design a security solution to keep intruders out of the bank after hours. The three areas of the bank you need to secure are the parking lot, the building perimeter, and the vault. List what technologies you would use in each of these areas and explain why you would use them. Please write your answer in the box below.
You have been hired as a security consultant for the Contoso Corporation. One day, you are working with the CIO on a new comprehensive security policy for the company. Although the CIO is not a programmer herself, she wants to understand how she can keep programmers from creating a backdoor on the programs they create for the company. What do you tell her? Why?
In: Computer Science
Case 13- 08 Accounting for a Loss Contingency for a Verdict Overturned on Appeal M International (“M”) and W Inc. ( “W,” a competitor of M) have been engaged in long- standing litigation over a specific patent infringement matter . Below is a summary timeline of specific events that have taken place related to this matter : • In May 2007, W filed a claim against M for patent infringement . • For the year ended December 31, 2007, management of M determined th at a loss for this matter was probable and represented t hat the estimate of loss was in the range of $1 5 million to $20 million , with $17 million being the most likely amount of loss within the range. • A jury trial took place in September 2009. • The jury reached a verdict on September 24, 2009, and a judgment was ordered in favor of W . The judgment required M to pay W $18.5 million . • In November 2009, M filed a Notice of Appeal with the Court of Appeals . • In December 2010, the Court of Appeals issued a ruling in favor of M’s appeal and reversed the lower court ’s ruling on the matter. This meant that the Court of Appeals overturned the jury verdict and the $18.5 million judgment against M . • On January 6, 2011, W filed a petition for a re -hearing before the same panel of appellate judges against the reversal of r uling by Court of Appeals . • On February 10, 2011, the appellate judges declined the petition for a re -hearing . • On February 28, 2011, management of M determined this matter was closed upon discussions with in- house legal counsel.
PLEASE PROVIDE ONE PAGE SUMMARY OF THE CASE
In: Accounting