Questions
You are evaluating how much Ace Limo should charge a client who will lease a car...

You are evaluating how much Ace Limo should charge a client who will lease a car for 7 years. It will cost Acme $85,000 to buy the car and the car can be depreciated on a five-year MACRS schedule. Acme Limo’s pretax administrative costs including Maintenance, Insurance and Selling Cost are $10,000 per year and they occur at the beginning of each year. The after tax cost of capital is 10% and the tax rate is 21%. Lease payments are made in advance, that is, at the start of each year. The inflation rate is zero.

How much is the present value of after tax administrative costs?

What is the present value of Depreciation tax Shield?

What is the after tax break-even operating lease rate for the car?

What is the before tax break even operating lease rate for the car?

Depreciation Table for 5-year asset

Year      %
1     20.00%
2     32.00%
3     19.20%
4     11.52%
5     11.52%
6     5.76%

In: Finance

1. explain the difference between an ionic, covalent, and hydrogen bond. 2. draw and describe the...

1. explain the difference between an ionic, covalent, and hydrogen bond.

2. draw and describe the electronic configuration pf NaCI before and after the transfer of electrons.

3. what are the four major macromolecules and what are the corresponding building blocks from which each of these macromolecules are made?

4. draw and describe an example of a reaction that shows how a dipeptide is formed and broken down.

5. explain how each of the macromolecules contributes to the development and maintenance of hair.

6. describe each level of protein structure: 1. Primary, 2. secondary, 3. tertiary, 4. quaternary. what type of chemical bonds stabilize these different structures and how?

7. briefly compare and contrast oxidizing and reducing reagents and the role that they play in building chemical bonds.

8. what happens to the protein structure (keratin) of curly hair after a chemical relaxer and heat are applied and what happens to straight hair after a chemical perm or relaxer is applied?

In: Biology

3) A 2 kg block is sliding at an initial speed of 10 m/s across a...

3) A 2 kg block is sliding at an initial speed of 10 m/s across a surface, encountering a constant friction force of 7 N. How much work is done on the block after it slides 22 cm?

Answer:  

Hint: Does the block gain or lose energy during this process? What sign does this imply for the work done on it?

4) How fast is the block moving after sliding 22 cm?

Answer:  

Hint: You can treat the block like a simple particle. What kind of energy does it have and how is this affected by the work done on it?

5) What's the total distance the block travels before coming to rest?

Correct, computer gets: 14.29 m

6) What is the average power of friction on the block over the time it takes the block to come to rest?

Answer:  


7) What was the instantaneous power of friction on the block after it slid the first 22 cm?

Answer

In: Physics

The BoomBoom Chemical Company is considering purchasing a new production machine. The machine has a cost...

The BoomBoom Chemical Company is considering purchasing a new production machine. The machine has a cost of $250,000 and would cost an additional $10,000 after-tax to install. If purchases, the machine will increase earnings before interest and tax by $70,000 per annum. To operate effectively, raw material inventory would need to be increased by $10,000. The machine has an expected life of 10 years and no salvage value. It will be depreciated straight line (prime cost) over its 10 year life. The company has a marginal tax rate of 30 per cent and a cost of capital of 15 per cent.

REQUIRED:

(i) Calculate the initial outlay associated with the project.

(ii) Calculate the annual after-tax net cash flows associated with the project over years 1 -10.

(iii) Calculate the after-tax net cash flow in year 10.

(iv) Calculate the net present value of the project.

In: Finance

Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at...

Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows.

Cutting Department

Production Data—July

T12-Tables

Work in process units, July 1 0
Units started into production 21,000
Work in process units, July 31 3,150
Work in process percent complete 60

Cost Data—July

Work in process, July 1

$0

Materials

399,000

Labor

246,120

Overhead

109,200

   Total

$754,320

(a1)

Compute the physical units of production.

T12 Tables

Units to be accounted for

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Using multiple attempts will impact your score.

10% score reduction after attempt 2

(a2)

Compute equivalent units of production for materials and for conversion costs.

Materials

Conversion Costs

T12 Tables

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Using multiple attempts will impact your score.

10% score reduction after attempt 2

(a3)

Determine the unit costs of production.

Materials

Conversion Costs

Total Costs

Unit costs-T12 Tables

$

$

$

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Using multiple attempts will impact your score.

10% score reduction after attempt 2

(a4)

Show the assignment of costs to units transferred out and in process.

T12 Tables

Costs accounted for:

   Transferred out

$

   Work in process

      Materials

$

      Conversion costs

         Total costs

$

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Using multiple attempts will impact your score.

10% score reduction after attempt 2

(b)

Prepare the production cost report for July 2020.

THAKIN INDUSTRIES INC.
Cutting Department—Plant 1
Production Cost Report
For the Month Ended July 31, 2020

Equivalent Units

Quantities

Physical
Units


Materials

Conversion
Costs

Units to be accounted for

   Work in process, July 1

   Started into production

      Total units

Units accounted for

   Transferred out

   Work in process, July 31

      Total units


Costs


Materials

Conversion
Costs


Total

Unit costs

   Total Costs

$

$

$

   Equivalent units

   Unit costs

$

$

$

Costs to be accounted for

   Work in process, July 1

$

   Started into production

      Total costs

$

Cost Reconciliation Schedule

Costs accounted for

   Transferred out

$

   Work in process, July 31

      Materials

$

      Conversion costs

   Total costs

$

In: Accounting

Marigold Inc.’s only temporary difference at the beginning and end of 2019 is caused by a...

Marigold Inc.’s only temporary difference at the beginning and end of 2019 is caused by a $3,600,000 deferred gain for tax purposes for an installment sale of a plant asset, and the related receivable (only one-half of which is classified as a current asset) is due in equal installments in 2020 and 2021. The related deferred tax liability at the beginning of the year is $1,440,000. In the third quarter of 2019, a new tax rate of 20% is enacted into law and is scheduled to become effective for 2021. Taxable income for 2019 is $6,000,000, and taxable income is expected in all future years.

Prepare the journal entry necessary to adjust the deferred tax liability when the new tax rate is enacted into law. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation

Debit

Credit

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

Draft the income tax expense portion of the income statement for 2019. Begin with the line “Income before income taxes.” Assume no permanent differences exist. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Marigold Inc.’s
Income Statement (Partial)

choose the accounting period                                                                      December 31, 2019For the Year Ended December 31, 2019For the Quarter Ended December 31, 2019

select an opening name for this partial income statement                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a dollar amount

select an income statement section name                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

select an income statement item                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a dollar amount

select an income statement item                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

enter a dollar amount

enter a total of the two previous amounts

select a closing name for this statement                                                                      AdjustmentCurrentDividendsExpensesIncome before Income TaxesIncome Tax ExpenseNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues

$enter a total net income or loss amount

In: Accounting

Table 1: ANNUAL RETURNS (%) Lyx Malaysia Lyx Singapore Lyx USDJIA Lyx would 2009 2.00 5.86...

Table 1: ANNUAL RETURNS (%)

Lyx Malaysia

Lyx Singapore

Lyx USDJIA

Lyx would

2009

2.00

5.86

5.56

7.69

2010

4.25

22.40

6.11

5.79

2011

-29.40

-27.07

7.94

-3.28

2012

13.23

0.06

18.29

20.75

2013

8.86

-6.84

17.09

14.14

2014

2.31

33.87

14.20

15.06

2015

-2.96

-9.28

-4.71

-4.28

Table 2: PORTFOLIO WEIGHTS (%)

Assets

Exising Portfolio Weights

New Portfolio Weights

Lyx Malaysia

60

40

Lyx Singapore

40

30

Lyx USDJIA

30

Questions:

  1. Using the given information in Table 1, calculate the mean return, standard deviation, covariance and correlation for the given stocks.

  2. Calculate the return and standard deviation for the portfolio consisting of the two stocks.

  3. After adding the stock Lyx USDJIA, what is the portfolio return and standard deviation? How does the new portfolio differ from the first portfolio calculate in question 2?

  4. Basedonyouranalysis,explainshouldAlbertdiversifyhisportfolioorremain invested in Malaysia and Singapore only?

  5. Calculate beta for the current portfolio and the new portfolio. Assuming a risk free rate of 2.5% and a market risk premium of 5.5% and calculate the expected return for both portfolios.

In: Accounting

Subjects with pre-existing cardiovascular symptoms who were receiving subitramine, an appetite suppressant, were found to be...

Subjects with pre-existing cardiovascular symptoms who were receiving subitramine, an appetite suppressant, were found to be at increased risk of cardiovascular events while taking the drug. The study included 9807 overweight or obese subjects with pre-existing cardiovascular disease and/or type 2 diabetes. The subjects were randomly assigned to subitramine (4909 subjects) or a placebo (4898 subjects) in a double-blind fashion. The primary outcome measured was the occurrence of any of the following events: nonfatal myocardial infarction or stroke, resuscitation after cardiac arrest, or cardiovascular death. The primary outcome was observed in 562 subjects in the subitramine group and 493 subjects in the placebo group.

Do the data give good reason to think that there is a difference between the proportions of treatment and placebo subjects who experienced the primary outcome? (Note that sibutramine has not been available in the United States since the end of 2010 due to its manufacturer's concerns over increased risk of heart attack or stroke, although at the present time it can still be purchased in other countries.)

State hypotheses, find the test statistic, and the P-value. (Round your test statistic to two decimal places and your P-value to four decimal places.)

In: Statistics and Probability

     Meadows Laboratories holds a valuable patent for a “gazak”. The history of costs      associated...

     Meadows Laboratories holds a valuable patent for a “gazak”. The history of costs

     associated with the “gazak” are as follows.

           Date                 Activity          Cost

     2000 – 2001     Research conducted to develop “gazak”                       $117,000

     Mar. 2002         Design and construction of a prototype                             81,500

     Oct. 2002          Testing simulations                                                           36,750

     Feb. 2003         Redesigning based on simulation results                         41,250

     Apr. 2004          Legal fees paid for patent granted May, 2004                   69,955

     May. 2008         Legal fees paid to successfully defend patent                  23,205

     Jan. 2010          Research aimed at modifying the “gazak” design             17,500

     Oct. 2013          Legal fees paid to successfully defend patent                  11,240

     Meadows assumed a useful life of 17 years for the patent in May, 2004. On January

     1, 2012, it revised its useful life estimate downward to 6 remaining years.

     Amortization is computed for a full year if the cost is incurred prior to July 1, and no

     amortization for the year if the cost is incurred after June 30. The company’s year

     ends December 31.

Instructions – Compute the carrying value of the “gazak” on each of the following dates:

  1. December 31, 2005
  2. December 31, 2008
  3. December 31, 2011
  4. December 31, 2013
  5. December 31, 2015

In: Accounting

Database Normalization Please if you don't know the answer don't comment as "Need More Information." Please...

Database Normalization

Please if you don't know the answer don't comment as "Need More Information."
Please answer it in a table form with the data included as per table A and table B.

Introduction:
This lab is designed to help you with practicing normalization concepts implementation.

Submission:
After finishing the task below, convert the word file to a PDF document and submit it to Brightspace.

Task:
Using this file, normalize the following tables to be in the third normal form. Remember to consider having the data when you do the normalization.

Course_Title Course_Credit_Hours Professor_ID Professor_Name First_day_work Professor Specialization_ID Professor Specialization
Accounting, Finance 3,3 234 Patric 14/2/2008 7 Accounting
Marketing, Business administration 3,2 564 Mary 15/4/2010 5 Business Management

Notes: • Every course can be taught by more than one professor and each professor can teach more than one course.

Table B

Employee_ID (P.K) Project_ID (P.K) E_Name P_Name E_Assigned_Hours
100 101 Cedric Acct. 13
200 110 Natali Finance 15
300 111 Maria BD 12

Marking Criteria:
• Entities titles
• Attributes:
• PKs:
• FKs:
• Relationships:
• Handling data:

In: Computer Science