Who is responsible for funding CERCLA? That is, what is the source of funds for cleanups of hazardous waste? Why is it necessary to have criminal penalties for noncompliance with environmental laws? What is the role of states in setting standards for clean air and clean water? Which federal act sets up a “cradle-to-grave” system for handling waste? Why are federal environmental laws necessary? Why not let the states exclusively govern in the area of environmental protection?
In: Economics
For a service business, the trend is towards market-based sourcing (where the customer is) rather than where the service is delivered from. Does this favor states that are highly populated or states that are lightly populated? If an individual service provider has withholdings made on her service receipts by a Company in a state that she is not a resident of what is likely the mitigating provision in her resident state? What is the result if the resident state has no income tax?
In: Accounting
The force constants for the diatomic molecules CO and HI are 1860 N/m and 320 N/m respectively.
Plot the potential energy curves for these two in a way that highlights their differences (i.e. on a single graph).
Calculate the frequency of motion for both molecules (does this result surprise you?).
Calculate the wavelength of light needed to excite these molecules from their vibrational ground states (v=0) to their vibrational first excited states (v=1).
In: Chemistry
Changes from the basic are highlighted yellow
Write a payroll processing program. Input will be from a file
called “weeklyData.txt”. You may create this file on your own for
testing purposes, but I have provided a file with 75 employees that
I will use to test your code. (I know what it should
produce).
Each line in the file contains information about one employee. Each
item is separated by a space. The items are, in order:
First Name Last Name Hourly wage rate (decimal) Hours worked
(decimal) # of dependents (whole number) % of gross withheld for
retirement (whole number, ranges from 0 to 10) Amount donated to
United Way (dollar amount)
For each employee listed in this file, read the above data and
produce the following detail data:
Regular hours worked and overtime hours worked Regular pay and
overtime pay and gross pay Pension contribution, United Way
contribution Taxable income Insurance deduction, Income tax
deduction Net pay
Calculations: Overtime hours are all hours over 40, the rest are
regular hours Regular pay is the regular hours times the wage rate
Overtime pay is 1.5 times the overtime hours times the wage rate
Gross pay is regular pay plus overtime pay Retirement is the
percentage of the gross deducted from the employee, and the company
will donate a matching amount up to $100.00. The matching amount is
not added to the employees pay, or deducted from their pay. Just
note this amount when you print the detail data for retirement.
United Way contribution is whatever was read. Taxable income is
gross minus both the retirement and united way contributions
Insurance is determined by the number of dependents: 0 is $25.19 1
is $39.02 2 or more is $50.63 Income tax is calculated on taxable
income as follows. The first $300 dollars is not taxed The next
$500 is taxed at 8.5% of gross Everything over $800 is taxed at
12.5% of gross
with the following stipulation: for each dependent, the tax rates
(8.5 and 12.5) are reduced by %0.5 (a half of a percent). So, if a
person has 2 dependents the rates would be %7.5 and %11.5
Net pay is gross pay minus the four deductions (retirement,
united way, tax and insurance)
The detail output should be to a file called “payroll.txt”
formatted nicely, and include the three input values as well as all
calculated values. Separate each employee’s detail data in the file
as you see fit.
Summary data should include the following (and should be printed at
the end of the detail data in the output file, as well as to the
screen.
# of employees Total payroll (sum of all gross pay), and of that
how much was overtime Total hours worked, and of that how many were
overtime hours Total retirement contributions and total amount of
matching funds Total United Way contributions Total insurance
premiums Total taxes withheld
In: Computer Science
Terwilliger Corporation owns a number of cruise ships and a chain of hotels. The hotels, which have not been profitable, were discontinued on September 1, 2017. The 2017 operating results for the company were as follows.
Operating revenues...................................$12,850,000
Operating expenses.......................................8,700,000
Operating income........................................$ 4,150,000
Analysis discloses that these data include the operating results of the hotel chain, which were operating revenues $1,500,000 and operating expenses $2,400,000. The hotels were sold at a gain of $200,000 before taxes. This gain is not included in the operating results. During the year, Terwilliger had an unrealized loss on its available-for-sale securities of $600,000 before taxes, which is not included in the operating results. In 2017, the company had other revenues and gains of $100,000, which are not included in the operating results. The Corporation is in the 30% income tax bracket.
Instructions
Prepare a statement of comprehensive income.
In: Finance
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $500 each month for the three-month season. The team pays the players and manager a total of $2500 each month. The team charges $10 for each ticket, and the average customer spends $8 at the concession stand. Attendance averages 100 people at each home game.
Part 1 (4 points)
The team earns an average
of $ in revenue for each game
and $ of revenue each
season.
With total costs of $ each
season, the team finishes the season
with $ of profit.
Part 2 (1 point)
In order to break even, the team needs to sell tickets for each game. Round to the nearest whole number.
In: Economics
A survey found that womens heights are normally distributed with mean 62.1 in and standard deviation 2.1 in the survey also found that mens heights are normally distributed with a mean 69.7 and SD 3.8 a) most of the live characters at an amusement park have height requirements with a minimum of 4ft 9in and a maximum of 6ft 4in find the percentage of women meeting the height requirement the percentage of woment who meet the height requirement? (round to two decimal places as needed) b) find the percentage of men meeting the height requirement the percentage of men meeting the height requirement (round to two decimal places as needed ) c) If the height requirements are changed to exclude only the tallest 5% of men and the shortest 5% of women what are the new height requirements the new height requirements are at least ___ in. and at most ___ in. (round to one decimal place as needed)
In: Statistics and Probability
In: Accounting
In the town of Hooterville, all the downtown stores are identical and all the people who shop downtown are identical. The town can earn revenue in three ways: • It can charge each store a montly license fee. • It can charge an excise tax on the store’s merchandise. • It can charge shoppers to park on the streets (the only way to get downtown is to drive, so every shopper pays the parking fee). The town’s goal is to maximize its total revenue from all three sources. a) How big should the excise tax be? b) Suppose a court ruling requires the town to provide free parking. Now how big should the excise tax be? If necessary, you can answer in terms of labeled portions of graphs. If you do this, please be sure to say why these portions of your graph are relevant to the problem.
In: Economics
You are looking into a factory to make strained peas. You estimate that the equipment will cost $50,000, which you would depreciate over the 10-year life of the project to a book value of zero. The salvage value of the equipment is zero. You think you can sell 15,000 cans at $2/can. The cost of producing the cans is $0.80 each. Your tax rate will be 40%. You plan to maintain an inventory equal to 25% of revenues and you can salvage 80% of this working capital at the end of the project’s life. You plan to use your garage, which means you will have to pay $2,000/year to park your car elsewhere (the good news is that the $2,000/year is tax-deductible). To estimate the cost of capital for the project you look at the following comparable firms:
r* = 0.17
What is the NPV?
In: Finance