UBTECH Robotics is expected to generate the following free cash flows over the next five years. After which, the free cash flows are expected to grow at the industry average of 3% per year. Using the discounted free cash flow model and the weighted average cost of capital of 11%
UBTECH Robotics FCF Forecast ($ Millions) Year 1999, 2000, 2001, 2002, 2003, 2004
FCF (Amount in Millions)$55, $45, $89, $102, $84, $87
a. Estimate the enterprise value (V0) of UBTECH Robotics.
b. If UBTECH Robotics has excess cash of $5.6 Billion, a debt of $800 Million and 50 Million shares outstanding, estimate its share price (P0).
In: Finance
In 1993, Skysong Company completed the construction of a building at a cost of $2,120,000 and first occupied it in January 1994. It was estimated that the building will have a useful life of 40 years and a salvage value of $64,000 at the end of that time. Early in 2004, an addition to the building was constructed at a cost of $530,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $21,200. In 2022, it is determined that the probable life of the building and addition will extend to the end of 2053, or 20 years beyond the original estimate.
Compute the annual depreciation to be charged, beginning with 2022. (Round answer to 0 decimal places, e.g. 45,892.)
| Annual depreciation expense—building |
In: Accounting
Tel-Skein is a call centre which fields all queries by customers of a national bank. Calls that are put through to operators who specialise in queries regarding ‘Lost or Stolen Debit Cards’ occur at random at a mean rate of 90 per hour.
(i) What is the probability distribution, including its parameter(s), of the number of calls arriving in this part of the call centre during a two-minute interval? (There is no need to calculate any probabilities in this part of the question).
(ii) Data have been collected on numbers of customers calling this part of the call centre in 100 two-minute periods and are summarised below. Use an appropriate test to investigate whether or not the data are consistent with your answer to part (i). Explain your method and conclusions carefully.
| number of calls arriving in two minutes period | |||||||
| o | 1 | 2 | 3 | 4 | 5 | >=6 | |
| frequency | 6 | 21 | 24 | 21 | 15 | 5 | 8 |
(iii)On Sundays, Tel-Skein runs a ‘skeleton-shift’ (i.e. it employs a reduced number of operators). As a result, operators specialising in ‘Lost or Stolen Debit Cards’ also have to field calls regarding ‘Bill Payments’. Calls regarding ‘Bill Payments’ occur at random at a mean rate of 150 per hour.
Assuming the call rate for ‘Lost or Stolen Debit Cards’ is unchanged, what is the probability that, during a one-minute period on Sundays, there will be between 3 calls and 5 calls; and what is the probability that the gap between calls will exceed 30 seconds?
In: Statistics and Probability
A national bank that is developing very rapidly will impose a new mechanism in customer service. For this reason, trials were conducted at several branch offices. If from the trial it turns out consumers are more satisfied then the new mechanism will be applied to all of its branch offices. 24 customers were chosen to be asked for their opinion on the new mechanism. Their answer is to compare to various elements of the new mechanism with existing ones. There are 3 elements assessed, namely ease, speed, and convenience of the transaction. In each element there are several measurement measures. The various assessment measures of the 3 elements are combined into a single ordinal scale that shows the comparison of the quality of service, between new and existing ones. The scale value ranges from -7 to +7. The greater number indicates the assessment of the quality of the new mechanism which is better than the existing method. A zero value means there is no difference between the two service mechanisms. The following data is from a trial customer:
| Number | score difference |
|---|---|
| 1 | -2 |
| 2 | 4 |
| 3 | 5 |
| 4 | 1 |
| 5 | 0 |
| 6 | -5 |
| 7 | 3 |
| 8 | 4 |
| 9 | -1 |
| 10 | 6 |
| 11 | -5 |
| 12 | 0 |
| 13 | -1 |
| 14 | 7 |
| 15 | 2 |
| 16 | 1 |
| 17 | -5 |
| 18 | 3 |
| 19 | 6 |
| 20 | -2 |
| 21 | 5 |
| 22 | -5 |
| 23 | 7 |
| 24 | -3 |
Based on the sample data, test that customers tend to prefer new mechanisms over existing ones, using a confidence level of 98%.
In: Statistics and Probability
All questions in this assignment refer to the “om” database (or Schema) that you will find in your MySQL Workbench program if you have run the sample database install script.
Please save all of your answers in one script (.sql) or type all your answers into Notepad++ and submit them as a single .sql file. You are encouraged to test your SQL statements in Workbench, and please use the ‘tidy’ tool to properly format your SQL before you save it as a Script from Workbench or Notepad++. Use comments to indicate the question number for each answer. Please give all code. Don't give same like other code. Please do with error free.
1. Write a SELECT statement that returns the title, artist and unit_price columns from the items table. Return only those items that have a unit_price of at least $16, but less than $17.50
2. Write a SELECT statement to return all columns from the customers table where the customer’s state is Ohio (OH). Sort the results by last name in descending order.
3. Write a SELECT statement to return all columns from the customers table whose zip code begins with a “9”
4. Write a SELECT statement to return the order_id from the orders table where the number of days between the order_date and the shipped_date is less than 6
5. Expand the statement in question 4 to include the number of days between order and ship date as a column alias called ‘processing_days’ and sort the results by that column in ascending order
In: Computer Science
Oxnard Petro, Ltd., has three interdisciplinary project
development teams that function on an ongoing basis. Team members
rotate from time to time. Every 4 months (three times a year) each
department head rates the performance of each project team (using a
0 to 100 scale, where 100 is the best rating). Are the main effects
significant? Is there an interaction?
| Year | Marketing | Engineering | Finance |
| 2007 | 82 | 65 | 95 |
| 84 | 83 | 93 | |
| 86 | 68 | 91 | |
| 2009 | 88 | 74 | 85 |
| 87 | 66 | 80 | |
| 80 | 84 | 95 | |
| 2011 | 83 | 70 | 95 |
| 90 | 71 | 85 | |
| 81 | 73 | 78 | |
(a-1) Choose the correct row-effect hypotheses.
| a. | H0: A1 ≠ A2 ≠ A3 ≠ 0 | ⇐⇐ year means differ |
| H1: All the Aj are equal to zero | ⇐⇐ year means are the same | |
| b. | H0: A1 = A2 = A3 = 0 | ⇐⇐ year means are the same |
| H1: Not all the Aj are equal to zero | ⇐⇐ year means differ |
a
b
(a-2) Choose the correct column-effect
hypotheses.
| a. | H0: B1 ≠ B2 ≠ B3 ≠ 0 | ⇐⇐ department means differ |
| H1: All the Bj are equal to zero | ⇐⇐ department type means are the same | |
| b. | H0: B1 = B2 = B3 = 0 | ⇐⇐ department means are the same |
| H1: Not all the Bj are equal to zero | ⇐⇐ department type means differ |
a
b
(a-3) Choose the correct interaction-effect
hypotheses.
| a. | H0: Not all the ABjk are equal to zero | ⇐⇐ there is an interaction effect |
| H1: All the ABjk are equal to zero | ⇐⇐ there is no interaction effect | |
| b. | H0: All the ABjk are equal to zero | ⇐⇐ there is no interaction effect |
| H1: Not all the ABjk are equal to zero | ⇐⇐ there is an interaction effect |
a
b
(b) Fill in the missing data. (Round your Table of
Means values to 1 decimal place, SS and F values
to 2 decimal places, MS values to 3 decimal places, and
p-values to 4 decimal places.)
| Table of Means | ||||
| Factor 2 (Department) | ||||
| Factor 1 (Year) | Marketing | Engineering | Finance | Average |
| 2007 | ||||
| 2009 | ||||
| 2011 | ||||
| Total | ||||
| Source | SS | df | MS | F | p-value |
| Factor 1 (Year) | |||||
| Factor 2 (Department) | |||||
| Interaction | |||||
| Error | |||||
| Total | |||||
(c) Using α = 0.05, choose the correct
statement.
The main effects of department and year are significant, but there is not a significant interaction effect.
The main effect of department is significant; however, there is no significant effect from year or interaction between department and year.
The main effect of year is significant; however, there is no significant effect from department or interaction between department and year.
(d) Interpret the p-values carefully.
The p-values range from highly significant (Department) to
insignificant (Year). The interaction effect, if any,
is (Click to
select) weak strong since
about (Click to
select) 71 90 39 samples
in 100 would show an F statistic this large in
the (Click to
select) presence absence of
interaction.
In: Statistics and Probability
Identify and briefly discuss three different debt products appropriate for different situations. What is the difference between secured and unsecured debt? IN DEPTH ANSWER PLEASE. TYPED ANSWER 500-800 words
In: Finance
A 2m long string is stretched between two supports with a tension that produces a wave speed equal to vw = 35 m/s. What are the wavelength and frequency of the first three modes that resonate on the string?
In: Physics
In San Francisco, 30%of workers take public transportation daily. In a sample of 10 workers, what is the probability that between three workers (inclusive) to seven workers (inclusive) take public transportation daily?
In: Statistics and Probability
Are all liquid crystal polymers? What are thermotropic and lyotropic liquid crystals? What is the difference between nematic, smectic and cholesteric liquid crystals? Are those three the only possible liquid crystal phases?
In: Other