Questions
United Firm is planning to buy a new machine for $200,000. The firm’s tax rate is...

United Firm is planning to buy a new machine for $200,000. The firm’s tax rate is 40%, and its overall WACC is 10%. The new machine has an economic life of 4 years and the salvage value will be $25,000 after 4 years. United Firm is using MACRS 3-year class to depreciate its assets. (i.e. Year 1, depreciate rate is 33.33%, year 2 depreciate rate is 44.45%, year 3 depreciate rate is 14.81% and year 4 depreciation rate is 7.41%). It costs $40,000 for the shipping and installation. Each year, United Firm expects to get an incremental sale of 1,250 units from the new machine. Cost (excluding depreciation) will be $100 for each unit in the first year. It will then increase by 3% per year. Unit price starts at $200 per unit in the first year and will increase by 3% per year as well. In addition, net working capital would have to increase by an amount equal to 12% of sales revenues.

  1. Calculate the annual sales revenues and costs (other than depreciation).
  2. Construct annual incremental operating cash flow statements.
  3. Estimate the required net working capital for each year, and the cash flow due to investments in net working capital.
  4. Calculate the after-tax salvage cash flow.
  5. Calculate the net cash flows for each year. Based on these cash flows, what are the project’s NPV, IRR, MIRR, PI, payback, and discounted payback? Do these indicators suggest the project should be undertaken?
  6. What is the Equivalent Annual Cost of this project?

In: Finance

Please answer the following: United Dairies, Inc., supplies milk to several independent grocers throughout Dade County,...

Please answer the following: United Dairies, Inc., supplies milk to several independent grocers throughout Dade County, Florida. Managers at United Dairies want to develop a forecast of the number of half gallons of milk sold per week. Sales data for the past 12 weeks are:

Week

Sales

1

2,750

2

3,100

3

3,250

4

2,800

5

2,900

6

3,050

7

3,300

8

3,100

9

2,950

10

3,000

11

3,200

12

3,150

1. Compute four-week and five-week moving averages for the time series.

    1. Compute the MSE for the four-week and five-week moving average forecasts.
    2. What appears to be the best number of weeks of past data (three, four, or five) to use in the moving average computation? The MSE for three weeks is 23527.78
  1. Show the exponential smoothing forecasts using α = 0.1.
    1. Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of α=0.1 or α= 0.2 for the United Dairies sales time series?
    2. Are the results the same if you apply MAE as the measure of accuracy?
    3. What are the results if MAPE is used?
  2. Use exponential smoothing with a α = 0.4 to develop a forecast of demand for week 13. What is the resulting MSE?

PLEASE USE EXCEL AND ANSWER EACH PART OF THE QUESTION. THANKS !

ANSWER- THAT'S WHAT I GOT SO FAR:

Average=> 117.19 19,238.28 3.8% 101.43 16300.00 3.21%
MAE MSE MAPE MAE MSE MAPE

In: Math

A manufacturer of colored candies states that 13​% of the candies in a bag should be​...

A manufacturer of colored candies states that 13​% of the candies in a bag should be​ brown,14​% ​yellow, 13​% ​red, 24​% ​blue, 20​% ​orange, and 16​% green. A student randomly selected a bag of colored candies. He counted the number of candies of each color and obtained the results shown in the table. Test whether the bag of colored candies follows the distribution stated above at the α= 0.05 level of significance.

Colored Candies in a bag

Color

Brown

Yellow

Red

Blue

Orange

Green

Frequency

63

65

55

61

79

67

Claimed Proportion

0.13

0.14

0.13

0.24

0.20

0.16

Determine the null and alternative hypotheses. Choose the correct answer below.

A. H0​: The distribution of colors is the same as stated by the manufacturer. H1​: The distribution of colors is not the same as stated by the manufacturer.

B. H0​: The distribution of colors is not the same as stated by the manufacturer. H1​: The distribution of colors is the same as stated by the manufacturer.

C. None of these.

Compute the expected counts for each color.

Color

Frequency

Expected Count

Brown

63

__?__

Yellow

65

__?__

Red

55

__?__

Blue

61

__?__

Orange

79

__?__

Green

67

__?__

​(Round to two decimal places as​ needed.)

In: Statistics and Probability

Your textbook states that the goal of financial management in a corporation is to maximize the...

Your textbook states that the goal of financial management in a corporation is to maximize the current stock price. Initially, this seems very short-sighted and could cause managers to violate ethical principles in pursuit of that goal.

Is the textbook's definition of financial management flawed? How do we ensure that managers will act responsibly as stewards of the stockholder's resources?

In: Finance

The manufacturer of a certain brand of cigarettes states that the nicotine content in their cigarettes...

The manufacturer of a certain brand of cigarettes states that the nicotine content in their cigarettes is 18.2mg with a standard deviation of 1.15mg. An independent testing agency

examined a random sample cigarettes (sample below). At a 5% level of significance, is there evidence for the testing agency to conclude that the mean nicotine level to be other than the company states?

Cigarette Nicotine Level (mg)
19.51 17.34 19.58 18.31 18.98 19.02 18.63 18.4 18.32 17.74 18.82 17.92 17.77
18.54 17.93 17.01 17.23 19.25 17.09 17.32 17.97 19.29 18.77 19.34 18.57 17.33
19.29 17.8 17.12 17.74 17.3 19.45 18.76 18.81 17.78 17.21 17.49 18.9 17.73
19.42 19.25 18.63 17.76 19.16 18.36 19.6 17.19 17.63 18.83 18.34 18.06 17.44
17.82 17.51 18.17 19.3 18.14 17.11 18.74 19.22 18.55 18.92 19.19 19.17 18.05
18.52 17.72 19.02 18.21 18.97 17.17 18.61 18.43 18.44 19.12 19.04 18.87 18.13
18.14 19.09 19.1 18.47 18.31 17.42 19.17 19.56 18.43 18.13 18.42 17.38 17.98
18.22 19.49 17.9 18.17 18.61 17.82 19.55 18.91 19.39 17.73 18.51 17.54 19.08
19.4 18.46 18.13 17.92 17.27 18.54 19.34 18.05 17.26 17.59 19.47 18.1 18.14
19.1 18.42 17 17.17 19.53 17.93 17.9 18.62 17.53 18.19 17.53 17.59 19.36
17.62 17.73 17.85 18.58 18.21 18.85 18.1 17.35 18.62 19.02 17.87 18.76 18.1
18.48 18.07 18.62 18.16 19.16 18.56 18.35 18 17.86 17.39 19.49 19.37 17.41
19.03 19.28 17.17 18.58 17.54 17.77 17.78 18.4 17.36 17.09 18.46 18.43 18.65
17.1 17.48 17.74 17.34 17.08 17.8 18.04 18.68 17.52 19.59 19.21 17.65 18.49
19.13 18.31 17.26 17.33 19.45 18.62 19.46 19.22 18.06 17.69 18.55 19.2 17.47
18.22 19.19 18.96 18.71 17.56 19.6 17.4 19.24 19.16 17.04 17.65 17.9 17.57
19.36 19.18 17.91 18.8 17.47 18.61 17.17 19.05 17.55 19.1 18.56 17.95 18.86
18.45 18.24 19.57 17.1 18.03 18.09 19.34 19.51 18.93 18.5 19.08 18.7 18.58
18.31 19.6 18.09 17.26 17.43 18.08 18.28 19.39 17.79 18.66 18.53 18.95 17.67
18.19 18.66 19.17 18.5 18.35 19.13 19.48 19.11 17.84 18.83 17.51 18.26 18.91
17.74 17.1 18.47 17.75 17.01 17.81 19.28 18 18.85 17.65 17.68 19.34 17.58

BLANK #1: Is this a question involving mean or proportion? ***ANSWER "MEAN" OR "PROPORTION" (WITHOUT THE QUOTATION MARKS)***

BLANK #2: Which type of distribution should be used to calculate the probability for this question? ***ANSWER "NORMAL", "T", OR "BINOMIAL" (WITHOUT THE QUOTATION MARKS)***

BLANK #3: Which of the following options are the appropriate hypotheses for this question: ***ANSWER WITH THE CORRECT LETTER, WITHOUT ANY QUOTATION MARKS OR BRACKETS***

A) H0: μ = 18.2mg H1: μ > 18.2mg

B) H0: μ = 18.2mg H1: μ < 18.2mg

C) H0: μ = 18.2mg H1: μ ≠ 18.2mg

D) H0: p = 18.2mg H1: p > 18.2mg

E) H0: p = 18.2mg H1: p < 18.2mg

F) H0: p = 18.2mg H1: p ≠  18.2mg

BLANK #4: What is the p-value of this sample? ***ANSWER TO 4 DECIMALS, BE SURE TO INCLUDE LEADING ZERO, EXAMPLE "0.1234"...NOT ".1234"***

BLANK#5: Based on this sample, at a 5% level of significance, is there evidence for the testing agency to conclude that the mean nicotine level to be other than the company states? ***ANSWER "YES" OR "NO" (WITHOUT THE QUOTATION MARKS)***

In: Statistics and Probability

(a) A fundamental law of motion states that the acceleration of an object is directly proportional...

(a) A fundamental law of motion states that the acceleration of an object is directly proportional to the resultant force exerted on the object and inversely proportional to its mass. If the proportionality constant is defined to have no dimensions, determine the dimensions of force. (Use the following as necessary: M, L, and T.)

(b) The newton is the SI unit of force. According to the results for (a), how can you express a force having units of newtons using the fundamental units of mass, length, and time? (Use the following units as necessary: kg, m, and s.)

In: Physics

Which one of the following best states the primary goal of stockholders?

Which one of the following best states the primary goal of stockholders?

A. maximize current dividends per share

B. maximize the current value per share

C. increase cash flow and avoid financial distress

D. minimize operational costs while maximizing firm efficiency

E. maintain steady growth while increasing current profits


In: Finance

The Student Text states that “there is a continuous input of energy to Earth from the...

The Student Text states that “there is a continuous input of energy to Earth from the sun.” Recently, Ontario suffered an “energy shortage” during a hot summer. Give scientific reasons to explain how there can be an energy shortage when there is an unlimited supply of energy from the sun. How might an energy shortage be reduced in the future?

In: Biology

A manufacturer of colored candies states that 13​% of the candies in a bag should be​...

A manufacturer of colored candies states that 13​% of the candies in a bag should be​ brown, 14​% ​yellow, 13​% ​red, 24​% ​blue, 20​% ​orange, and 16​% green. A student randomly selected a bag of colored candies. He counted the number of candies of each color and obtained the results shown in the table. Test whether the bag of colored candies follows the distribution stated above at the α=0.05 level of significance.

Colored Candies in a bag

Color

Brown

Yellow

Red

Blue

Orange

Green

Frequency

61

63

53

63

82

65

Claimed Proportion

0.13

0.14

0.13

0.24

0.20

0.16

1. Determine the null and alternative hypotheses. Choose the correct answer below.

A .H0​: The distribution of colors is not the same as stated by the manufacturer.

H1​: The distribution of colors is the same as stated by the manufacturer.

B. H0​: The distribution of colors is the same as stated by the manufacturer.

H1​: The distribution of colors is not the same as stated by the manufacturer.

C . None of these.

2. Compute the expected counts for each color.

Color

Frequency

Expected Count

Brown

61

Yellow

63

Red

53

Blue

63

Orange

82

Green

65

​(Round to two decimal places as​ needed.)

3. What is the test​ statistic?_______(Round to three decimal places as​ needed.)


4. ​P-value=_______What is the​ P-value of the​ test?

​(Round to three decimal places as​ needed.)

5. Based on the​ results, do the colors follow the same distribution as stated in the​ problem?

A. Reject H0. There is not sufficient evidence that the distribution of colors is not the same as stated by the manufacturer.

B. Do not reject H0. There is not sufficient evidence that the distribution of colors is not the same as stated by the manufacturer.

C. Reject H0. There is sufficient evidence that the distribution of colors is not the same as stated by the manufacturer.

D. Do not reject H0. There is sufficient evidence that the distribution of colors is not the same as stated by the manufacturer.

In: Statistics and Probability

Coulomb’s Law states that the force is directly proportional to the size of the charges and...

Coulomb’s Law states that the force is directly proportional to the size of the charges and inversely related to the distance between them. Considering the total charge for the nucleus and the total charge for the electrons, explain why the unexpected trend

In: Chemistry