A wastewater containing 150 mg/l chlorobenzene is treated in a laboratory adsorption unit using a PVC column, 1.0 inch internal diameter, to an effluent concentration of 15 mg/l . Service times, and throughput volumes at specified depths and flowrates associated with a breakthrough concentration of 15.0 mg/l are given in table 1.
table1 : result of adsorption column experiment
Loading rate,gpm/ft2 Bed depth,ft Throughput volume, gal Time, hr
|
loading rate gpm/ft2 |
bed depth ft |
throughput volume, gal |
time, hr |
| 2.5 | 3.0 | 810 | 980 |
| 5.0 | 1750 | 2230 | |
| 7.0 | 2910 | 3440 | |
| 5.0 | 3.0 | 605 | 420 |
| 5.0 | 1495 | 1000 | |
| 9.0 | 3180 | 2185 | |
| 7.5 | 5.0 | 1183 | 452 |
| 9.0 | 2781 | 1075 | |
| 12.0 | 4000 | 1564 |
1) is the attainable effluent concentration satisfactory from a regulatory standpoint?
2) determine the Bohart-Adams constant ( K,N0 and x0) for each hydraulic loading.
3)base on data derived above design an adsorption column 2.0 ft internal diameter to treat a wastewater flow 5,000 gal/d containing 150 mg/l of CB. The attainable effluent concentration is 15 mg/l and it is desired to operate the column for 90 days(8 hourslday,7 days/week) before reching exhaustion.
4)calculate the yearly carbon requirements in cubic feet.
In: Chemistry
(Related to Checkpoint 15.2) (EBIT-EPS analysis) Abe Forrester and three of his friends from college have interested a group of venture capitalists in backing their business idea. The proposed operation would consist of a series of retail outlets to distribute and service a full line of vacuum cleaners and accessories. These stores would be located in Dallas, Houston, and San Antonio. To finance the new venture two plans have been proposed:
Plan A is an all-common-equity structure in which $2.2 million dollars would be raised by selling 84,000 shares of common stock.
Plan B would involve issuing $1.2 million in long-term bonds with an effective interest rate of 11.8 percent plus another $ 1.0 million would be raised by selling 42,000 shares of common stock. The debt funds raised under Plan B have no fixed maturity date, in that this amount of financial leverage is considered a permanent part of the firm's capital structure.
Abe and his partners plan to use a 40 percent tax rate in their analysis, and they have hired you on a consulting basis to do the following:
a. Find the EBIT indifference level associated with the two financing plans.
b. Prepare a pro forma income statement for the EBIT level solved for in part a that shows that EPS will be the same regardless whether Plan A or B is chosen.
In: Finance
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 | 7.0% | |
| 0.2 | 0.8 | 0.25 | 8.0 | |
| 0.4 | 0.6 | 0.67 | 10.0 | |
| 0.6 | 0.4 | 1.50 | 12.0 | |
| 0.8 | 0.2 | 4.00 | 15.0 | |
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 40%. F. Pierce estimates that its beta now (which is "unlevered" because it currently has no debt) is 0.9. 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
The attached numberpairs.csv file contains lines of comma-separated number pairs, e.g.
2.0,1
5.5,2
10,0
5.1,9.6
Expected Output:
2.0 divided by 1.0 is 2.0
5.5 divided by 2.0 is 2.75
10.0 divided by 0.0 error: denominator is zero!
5.1 divided by 9.6 is 0.53125
What is the file name I should save this under for the CSV file to run properly I keep getting an error when trying to run the code?
In: Computer Science
|
Ghost, Inc., has no debt outstanding and a total market value of $308,100. Earnings before interest and taxes, EBIT, are projected to be $46,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 20 percent higher. If there is a recession, then EBIT will be 31 percent lower. The company is considering a $160,000 debt issue with an interest rate of 5 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,900 shares outstanding. The company has a tax rate of 24 percent, a market-to-book ratio of 1.0, and the stock price remains constant. |
| a-1. |
Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
| a-2. | Calculate the percentage changes in EPS when the economy expands or enters a recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
| b-1. | Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
| b-2. | Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. |
In: Finance
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 | 7.0% | |
| 0.2 | 0.8 | 0.25 | 8.0 | |
| 0.4 | 0.6 | 0.67 | 10.0 | |
| 0.6 | 0.4 | 1.50 | 12.0 | |
| 0.8 | 0.2 | 4.00 | 15.0 | |
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 6%, and the company's tax rate is 30%. F. Pierce estimates that its beta now (which is "unlevered" because it currently has no debt) is 1.4. 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
Treynor Pie Company is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks. It is examining three companies—a gourmet restaurant chain, a baby food company, and a nutritional products firm. Each of these companies can be bought at the same multiple of earnings. The following represents information about all the companies. Company Correlation with Treynor Pie Company Sales ($ millions) Expected Earnings ($ millions) Standard Deviation in Earnings ($ millions) Treynor PieCompany + 1.0 $ 104 $ 8 $ 2.0 Gourmet restaurant + .7 64 8 1.5 Baby food company + .2 52 5 1.7 Nutritionalproducts company − .8 74 7 3.2 a-1. Compute the coefficient of variation for each of the four companies. (Enter your answers in millions (e.g., $100,000 should be entered as ".10"). Round your answers to 3 decimal places.) a-2. Which company is the least risky? Nutritional products company Gourmet restaurant Baby food company Treynor Pie Company a-3. Which company is the most risky? Nutritional products company Treynor Pie Company Baby food company Gourmet restaurant b. Which of the acquisition candidates is most likely to reduce Treynor Pie Company's risk? Nutritional products company Gourmet restaurant Baby food company
In: Finance
Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:
| Expected Production | Direct Labor-Hours Per Unit | Total Direct Labor-Hours | |
| Product E1 | 1,100 | 2.0 | 2,200 |
| Product A7 | 300 | 1.0 | 300 |
| Total direct labor-hours | 2,500 | ||
The direct labor rate is $21.10 per DLH. The direct materials cost per unit for each product is given below:
| Direct Materials Cost per Unit |
|||
| Product E1 | $229.00 | ||
| Product A7 | $220.00 | ||
The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
| Estimated | Expected Activity | |||||
| Activity Cost Pools | Activity Measures | Overhead Cost | Product E1 | Product A7 | Total | |
| Labor-related | DLHs | $ | 137,300 | 2,200 | 300 | 2,500 |
| Machine setups | setups | 64,730 | 1,200 | 300 | 1,500 | |
| Order size | MHs | 1,012,420 | 2,800 | 3,700 | 6,500 | |
| $ | 1,214,450 | |||||
The total overhead applied to Product E1 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
rev: 03_25_2018_QC_CS-119201
Multiple Choice
$1,214,465
$608,732
$523,169
$436,128
In: Accounting
On December 8, 2015, ABC store announced they were buying 123 Co for $13.9 billion. The deal was for $92 per share, a 78% premium to 123 CO.December 4 closing price of $51.70 per share.Summary financial data for 123 Co before the deal is shown below (equity shown is Book Value). the company’s equity beta before the buyout proposal is 1.0, the same level as the overall market.ABC store announced that they would operate 123 Co similarly to their other brands, with a 40% debt:capital ratio (D/(D+E). Because of their size and diversification, ABC store expected to reduce 123 Co borrowing cost by 1%, and to lower the tax rate to 30%.Question Calculate 123 Co weighted average cost of capital before the acquisition (using book value weights) and after the acquisition using the new proposed capital structure weights of 40% debt:capital. SHOW ALL STEPS IN YOUR CALCULATIONS In a couple sentences, explain your results.
sales $4585 mill ; net income $495 mill; long term interest expense 33.7 mill; long term debt 410 mill; equity $3,550 mill; tax rate 35%; dividend yeild 2.10%; stock price 52 week high/low = $139.70/$45.30; Risk free rate Rf 2.0%; Rm-Rf spread 6%
In: Finance
(MATLAB ONLY) (MATLAB ONLY) (MATLAB ONLY) (MATLAB ONLY) (MATLAB ONLY) (MATLAB ONLY)
Please complete the following Question in MATLAB ASAP, Thanks. :)
2a. Write a function that outputs the amount of freezing point depression (in degrees C) given a mass of magnesium chloride salt and a volume of water. Formula to calculate freezing point depression: ΔT = iKm in which ΔT is the change in temperature in °C, i is the van't Hoff factor, which = 3 for MgCl2 because it dissociates into three ions, one Mg+2 and two Cl- , K is a constant that equals 1.86 °C kg/mol and m is the molality of the solute in mol/kg. Other useful information so you don’t have to look it up: Moles of MgCl2 = (mass MgCl2)/((atomic mass Mg)+2*(atomic mass Cl)) Atomic mass Mg = 24.31 Atomic mass Cl = 35.45 Assume the density of water is 1.0 g/mL
2b. Use your function to calculate the depression for 100g MgCl2 dissolved in 500mL water
2c. Use your function to calculate the depression for 220g MgCl2 dissolved in 1L water
2d. Make a plot that shows the mass of MgCl2 necessary to depress the freezing point of a given volume (range: 1L - 100L) water by 1 degree Celsius. Give your plot appropriate labels and a title.
In: Computer Science