In: Economics
|
EZ Curb Company completed the following transactions. The annual accounting period ends December 31. |
| Jan. 8 |
Purchased merchandise on account at a cost of $20,000. (Assume a perpetual inventory system.) |
| 17 | Paid for the January 8 purchase. |
| Apr. 1 | Received $49,600 from National Bank after signing a 12-month, 12.0 percent, promissory note. |
| June 3 | Purchased merchandise on account at a cost of $24,000. |
| July 5 | Paid for the June 3 purchase. |
| Aug. 1 |
Rented out a small office in a building owned by EZ Curb Company and collected six months’ rent in advance, amounting to $9,600. (Use an account called Unearned Revenue.) |
| Dec. 20 |
Collected $220 cash on account from a customer. |
| Dec. 31 |
Determined that wages of $8,900 were earned but not yet paid on December 31 (Ignore payroll taxes). |
| Dec. 31 | Adjusted the accounts at year-end, relating to interest. |
| Dec. 31 | Adjusted the accounts at year-end, relating to rent. |
| Required: |
|
In: Accounting
In: Advanced Math
Suppose you have an electric hot water heater for your house which is an aluminum cylinder which has a 0.56 m radius and is 2 m high. The walls are 1.0 cm thick. The thermal conductivity of Aluminum is 217 W/(m K). Assume that the temperature of the hot water inside the hot water heater is kept at a constant 90 C, and the external temperature is 27 C.
Part A:
What is the surface area of the cylinder?
Part B:
How much energy is lost through the walls of the hot water heater in one week? (Assume thinner surface of the heater is 90 C and the outer surface is 27 C.)
Part C:
Assume you pay $0.10 per kW-hour for electricity. How much would it cost just to keep the hot water inside the heater for one week?
Part D:
Suppose that you wrap the hot water heater on all sides with a 10 cm thick blanket of fiberglass insulation which has a thermal conductivity of 0.04 W/(m K). Assume the inner surface of the fiberglass insulation is at 90 C and the outer surface is at 27 C, and the total surface area is still what you calculated in part A.
Part E:
Assume you pay $0.10 per kW-hour for electricity. How much would it cost just to keep the hot water inside the fiberglass-wrapped heater for one week?
In: Physics
A wing-body model is tested in a wind tunnel with a flow of 100 m/s at standard sea-level conditions.
The wing area is 1.5 m^2 and the mean aerodynamic chord length is 0.45 m. Measurements of lift force, L, and moment about the center of gravity, MCG are made using the wind tunnel force balance.
The lead mass is removed and a horizontal tail without an elevator is added to the model. The distance from the airplane center of gravity to the aerodynamic center of the tail is 1.0 m.
The area of the tail is 0.4 m2 and the tail-setting
angle is -2.0°. The tail has a lift-curve slope of 0.12 per degree.
Experimental measurements give the downwash in terms of angle of
attack, ε = α 0.42 , i.e. the downwash is zero for zero angle of
attack, 0
ε = 0
For the case where the angle of attack, α = 5.0°, and the lift, L= 4134 N:
(i) Calculate MCG
(ii) Determine whether the model possesses longitudinal static
stability. Calculate Mo
(iii) Calculate the location of the neutral point and the static
margin if h = 0.26.
(iv) An elevator is added to the horizontal tail with the property
/ 0.04 L E T
∂ ∂ = C δ per degree.
In two ways calculate the elevator deflection angle required to trim the aircraft at an angle of attack of 8.0°. Answer should be the same.
In: Advanced Math
Target Corporation prepares its financial statements according to U.S. GAAP. Target’s financial statements and disclosure notes for the year ended February 3, 2018, are available here (https://corporate.target.com/annual-reports/2017/10-K/10-k-cover). This material is also available under the Investor Relations link at the company’s website (www.target.com).
Required:
By what name does Target label its balance sheet?
What amounts did Target report for the following items on February 3, 2018?
What was Target’s largest current asset? What was its largest current liability?
Compute Target’s current ratio and debt to equity ratio in 2018? (Round your answers to 2 decimal places. Enter your answers in millions, not in dollars (i.e., 10,00,000 should be entered as 10).)
| 1. | Target's label name for its balance sheet. | |||
| 2. | a. | Current assets | ||
| b. | Long-term assets | |||
| c. | Total assets | |||
| d. | Current liabilities | |||
| e. | Long-term liabilities | |||
| f. | Total liabilities | |||
| g. | Total shareholders’ equity | |||
| 3. | a. | Largest current asset | ||
| b. | Largest current liability | |||
| 4. | a. | Current ratio | ||
| b. | Debt to equity ratio | |||
5. Assuming Target’s industry had an average
current ratio of 1.0 and an average debt to equity ratio of 2.5,
comment on Target’s liquidity and long-term solvency.
In: Accounting
1. A new car is tested on a 290-m-diameter track. If the car speeds up at a steady 1.2 m/s2 , how long after starting is the magnitude of its centripetal acceleration equal to the tangential acceleration? Express your answer to two significant figures and include the appropriate units.
2. A concrete highway curve of radius 80.0 m is banked at a 15.0 ∘ angle.
Part A: What is the maximum speed with which a 1300 kg rubber-tired car can take this curve without sliding? (Take the static coefficient of friction of rubber on concrete to be 1.0.) Express your answer with the appropriate units.
3. A 4 kg ball swings in a vertical circle on the end of an 80-cm-long string. The tension in the string is 20 N when its angle from the highest point on the circle is θ=30∘.
Part A: What is the ball's speed when θ=30∘? Express your answer to two significant figures and include the appropriate units.
Part B: What is the magnitude of the ball's acceleration when θ=30∘? Express your answer to two significant figures and include the appropriate units.
Part C: What is the direction of the ball's acceleration when θ=30∘? Give the direction as an angle from the r-axis. Express your answer to two significant figures and include the appropriate units.
In: Physics
WACC and Optimal Capital Structure
F. Pierce Products Inc. is considering changing its capital structure. F. Pierce currently has no debt and no preferred stock, but it would like to add some debt to take advantage of low interest rates and the tax shield. Its investment banker has indicated that the pre-tax cost of debt under various possible capital structures would be as follows:
| Market Debt- to-Value Ratio (wd) |
Market Equity-to-Value Ratio (ws) |
Market Debt- to-Equity Ratio (D/S) |
Before-Tax Cost of Debt (rd) | |
| 0.0 | 1.0 | 0.00 | 6.0% | |
| 0.2 | 0.8 | 0.25 | 7.0 | |
| 0.4 | 0.6 | 0.67* | 8.0 | |
| 0.6 | 0.4 | 1.50 | 9.0 | |
| 0.8 | 0.2 | 4.00 | 10.0 | |
* Use the exact value of 2/3 in your calculations.
F. Pierce uses the CAPM to estimate its cost of common equity, rs and at the time of the analaysis the risk-free rate is 7%, the market risk premium is 8%, and the company's tax rate is 35%. F. Pierce estimates that its beta now (which is "unlevered" because it currently has no debt) is 1.2. Based on this information, what is the firm's optimal capital structure, and what would be the weighted average cost of capital at the optimal capital structure? Do not round intermediate calculations. Round your answers to two decimal places.
Debt: %
Equity: %
WACC: %
In: Finance
|
Problem Set 4: One-Way Repeated Measures ANOVA (7 pts) Research Scenario: A savvy business owner wanted to assess whether the type of fragrance influenced the amount of money spent. He tried peppermint, lavender, male cologne, and a floral perfume in his four stores. Amount of money spent (in hundreds) is reported for each type of fragrance. Conduct a one-way repeated measures ANOVA to determine whether fragrance influences total amount of money spent.
|
In: Statistics and Probability
Given here are the data from a dependent variable and two
independent variables. The second independent variable is an
indicator variable with several categories. Hence, this variable is
represented by x2, x3, and
x4. How many categories are there for this
independent
variable? Use a computer to perform a multiple regression analysis
on this data to predict y from the x values.
Discuss the output and pay particular attention to the dummy
variables.
| y | x1 | x2 | x3 | x4 |
| 11 | 1.9 | 1 | 0 | 0 |
| 3 | 1.6 | 0 | 1 | 0 |
| 2 | 2.3 | 0 | 1 | 0 |
| 5 | 2.0 | 0 | 0 | 1 |
| 9 | 1.8 | 0 | 0 | 0 |
| 14 | 1.9 | 1 | 0 | 0 |
| 10 | 2.4 | 1 | 0 | 0 |
| 8 | 2.6 | 0 | 0 | 0 |
| 4 | 2.0 | 0 | 1 | 0 |
| 9 | 1.4 | 0 | 0 | 0 |
| 11 | 1.7 | 1 | 0 | 0 |
| 4 | 2.5 | 0 | 0 | 1 |
| 6 | 1.0 | 1 | 0 | 0 |
| 10 | 1.4 | 0 | 0 | 0 |
| 3 | 1.9 | 0 | 1 | 0 |
| 4 | 2.3 | 0 | 1 | 0 |
| 9 | 2.2 | 0 | 0 | 0 |
| 6 | 1.7 | 0 | 0 | 1 |
Appendix A Statistical Tables
Number of categories =
.
The regression equation is: y− =
+
x1 +
x2 -
x3 -
x4 (Round answers to 3 decimals.)
In: Statistics and Probability