Edelman Engines has $19 billion in total assets — of which cash and equivalents total $90 million. Its balance sheet shows $3.8 billion in current liabilities — of which the notes payable balance totals $0.89 billion. The firm also has $9.5 billion in long-term debt and $5.7 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $24 per share. The firm's EBITDA totals $1.08 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.

M/B: ___×

EV/EBITDA: _____

As a part of a study, a chemical plant sampled the amount of chemicals in the soil surrounding their building. Samples were taken in front of the building (sample 1) and samples were taken in the back of the building (sample 2). The results in ppm are listed below.

(a) Please test if there is a significant difference in the amount of chemicals in the soil in the front vs the back of the chemical plant. List the 5 steps of the hypothesis test.

(b) What is the 95% confidence interval for the difference in the amount of chemicals between the two soil sources?  

Plot on the same energy diagram having the vacuum as zero:

(A) the absolute electrochemical potentials, under standard conditions, of the following reactions: (i) H+/H2, (ii) O2/H2O (pH = 1). What is the spontaneous direction of reactions (i) and (ii) if reaction (i) occurs by electron exchange with the conduction band while reaction (ii) occurs by electron exchange with the valence band? Under such conditions, which of the two semiconductors can achieve water splitting (2H2O ® 2H2 + O2)?

(B) The position of the band gaps of the compound semiconductors SrTiO3 and Fe2O3

SrTiO3: band gap is 3.2 eV, conduction band edge = -3.8 eV, valence band edge = -
6.9 eV. Fe2O3: band gap is 2.2 eV, conduction band edge = -4.8 eV, valence band edge =
-6.9.

The Saunders Investment Bank has the following financing outstanding. Debt: 51,000 bonds with a coupon rate of 4.7 percent and a current price quote of 106.3; the bonds have 13 years to maturity and a par value of $1,000. 17,100 zero coupon bonds with a price quote of 27.3, 29 years until maturity, and a par value of $10,000. Both bonds have semiannual compounding. Preferred stock: 146,000 shares of 3.8 percent preferred stock with a current price of $93 and a par value of $100. Common stock: 2,120,000 shares of common stock; the current price is $83 and the beta of the stock is 1.15. Market: The corporate tax rate is 21 percent, the market risk premium is 6.7 percent, and the risk-free rate is 3.1 percent. What is the WACC for the company?

Question 3:

In “Orthogonal Design for Process Optimization and Its Application to Plasma Etching”, an experiment is described to determine the effect of flow rate on the uniformity of the etch on a silicon wafer used in integrated circuit manufacturing. Three flow rates are used in the experiment, and the resulting uniformity (in percent) for six replicates is shown below.

1. Does flow rate affect etch uniformity? Use α = 0.05.
2. Do the residuals indicate any problems with the underlying assumptions?
3. Use the Kruskal-Wallis procedure with α = 0.05 to test for differences between mean uniformity at the three different flow rates.

Coke consumption per capita (gallon per capita) in Beijing is:

Coke = – 0.7*Coke’s Price + 3.8*Income + 1.0*Pepsi’s Price

Variables are expressed as percentage changes over years.

1. Explain the demand behavior of Coke drinkers in Beijing?
2. Is that true when someone saying that “Coke drinkers in Beijing follow the law of demand”? Why or why not?
3. The Beijing government was going to allow supermarkets to sell Coke. Lobbyists argue that the proposed law would help the local governments to balance their budgets. The argument is that the Coke prices will fall, people will buy more Coke and consequently local governments have more tax revenues. Giving the above estimated demand function, do you support their argument? In addition, the governments knew that Coke and Pepsi are substituted.

At year-end 2525 the company has Total assets of $6,200 financed by Debt of $3,400 and Stockholders’ equity of $2,800 . For 170 common shares outstanding, the equity price-to-book ratio at year-end 2525 is 1.36. During 2526, the company expects an asset turnover ratio (= Salest÷ Total assetst-1 ) of 3.8 and an operating margin (= (Sales – operating expenses) ÷ Sales ) of 7.1%. Interest charges will equal 9% of Debt. Corporate taxes equal 30% of taxable income and the payout ratio always is 60%. Your analyst tells you that at year-end 2526 the company price-to-earnings ratio will equal 4.4.What is the shareholders’ rate of return for year 2526?a. 25.6% b. 21.2% c. 31.0%d. 28.2%e. 23.3%

Horseshoe bats (genus Rhinolophus) emit sounds from their nostrils, then listen to the frequency of the sound reflected from their prey to determine the prey's speed. (The "horseshoe" that gives the bat its name is a depression around the nostrils that acts like a focusing mirror, so that the bat emits sound in a narrow beam like a flashlight.) A Rhinolophus flying at speed v bat emits sound of frequency f bat; the sound it hears reflected from an insect flying toward it has a higher frequency f refl.

If the bat emits a sound at a frequency of 80.9 kHz and hears it reflected at a frequency of 83.9 kHz while traveling at a speed of 3.8 m/s , calculate the speed of the insect.

Use 344 m/s for the speed of sound in air. Express your answer using two significant figures.

Given four of the bond variables, determine the fifth bond variable. All Annual Coupons

(A) Given Number of Periods to Maturity is 10, Face Value is $1,000, YTM is 3.2%, and Coupon Payment is $40, determine the Bond Price.

(B). Given Number of Periods to Maturity is 8, Face Value is $1,000, YTM is 4.5%, and the Bond Price is $880.00, determine the Coupon Payment.

(C). Given Number of Periods to Maturity is 6, Face Value is $1,000, Coupon Payment is $30, and the Bond Price is $865.00, determine YTM.

(D). Given Number of Periods to Maturity is 8, YTM is 3.8%, Coupon Payment is $45, and the Bond Price is $872.00, determine Face Value.

(E). Given Face Value is $1,000, YTM 4.3%, Coupon Payment is $37, and the Bond Price is $887.00, determine the Number of Periods to Maturity.

1. Calculate the amount of money that a person must have in a bank today (the beginning of the year) to be able to withdraw $375 at the end of each year for the next 10 years if the bank pays interest compounded yearly at j₁ = 5.8% pa. Give your answer in dollars and cents to the nearest cent.

Account balance = $

2. Calculate the simple interest rate pa that must be earned for $60,000 invested on 29 October 2019 to be worth $60,561.01 on 9 January 2020. Give your answer as a percentage per annum to 2 decimal places. This days between dates calculator may assist you.

r =  % pa

3. Calculate the accumulated value (S) that payments of $10 per quarter (paid at the end of the month) will accumulate to after 18 years if interest is paid at a rate of 1% pa compounded quarterly. Give your answer in dollars and cents to the nearest cent.

S = $

4. Calculate the amount of money you should invest now, in an account earning 8.9% pa simple interest, in order to have $6,900 after 3 months. Give your answer in dollars and cents to the nearest cent.

Amounted invested = $

5. Find the nominal annual rate of interest convertible daily (j₃₆₅) that is equivalent to 6% pa effective. Give your answer as a percentage per annum to 3 decimal places.

j₃₆₅ = % pa

6. Calculate the discounted (present) value (P) at 5.69% pa simple interest of a payment of $73,000 due at the end of 14 months. Give your answer in dollars and cents to the nearest cent.

P = $

7. If $30,000 is paid at the end of each year for 11 years, calculate the equivalent single payment now (P) if interest is 15% pa effective. Give your answer in dollars and cents to the nearest cent.

P = $

8. An amount of $10,000 is invested on 14 April 2019 at 13% pa compounded quarterly. Calculate the interest (I) earned between 14 April 2022 and 14 April 2025. Give your answer in dollars and cents to the nearest cent.

I = $

9. Calculate the present value on 3 August 2019 of $13,500 due on 3 November 2019 at a simple interest rate of 4% pa. Give your answer in dollars and cents to the nearest cent. This days between dates calculator may assist you.

P = $

10. Neddy invests $3,061 at 11% pa simple interest and this investment grows over time to $3,274. Calculate the time period (t) over which Neddy made the investment. Give your answer in days rounded to the nearest day.

t =  days