Questions
The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars...

The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required to purchase 1,200 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas? Use the direct quotation for your calculations. Round your answers to the nearest cent.

Sample Exchange Rates: Thursday, August 30, 2018
Direct Quotation:
U.S. Dollars Required to
Buy One Unit of
Foreign Currency
(1)
Indirect Quotation:
Number of Units of
Foreign Currency per
U.S. Dollar
(2)
Australian dollar 0.7264 1.3767
Brazilian real 0.2409 4.1504
British pound 1.3009 0.7687
Canadian dollar 0.7702 1.2984
Chinese yuan 0.1461 6.8448
Danish krone 0.1565 6.3889
EMU euro 1.1670 0.8569
Hungarian forint 0.00357015 280.10
Israeli shekel 0.2767 3.6136
Japanese yen 0.00901 110.99
Mexican peso 0.0523 19.1133
South African rand 0.0679 14.7205
Swedish krona 0.1096 9.1200
Swiss franc 1.0317 0.9693
Venezuelan bolivar fuerte 0.00000403 248409.0001
Note: Column 2 equals 1.0 divided by Column 1. However, rounding differences do occur.
Source: Adapted from The Wall Street Journal (www.wsj.com), August 30, 2018.
1,200 British pounds = $  
1,200 Canadian dollars = $  
1,200 EMU euros = $  
1,200 Japanese yen = $  
1,200 Mexican pesos = $  
1,200 Swedish kronas = $

In: Finance

HCA Healthcare is considering an acquisition of Mission Health. Mission Health is a publicly traded company,...

HCA Healthcare is considering an acquisition of Mission Health. Mission Health is a publicly traded company, and its current beta is 1.30. Mission Health has been barely profitable and had paid an average of only 20 percent in taxes during the last several years. In addition, it uses little debt, having a debt ratio of just 25 percent. If the acquisition were made, HCA would operate Mission Health as a separate, wholly owned subsidiary. Mission Health would pay taxes on a consolidated basis, and the tax rate would therefore increase to 35 percent. HCA also would increase the debt capitalization in the Mission Health subsidiary to 40 percent of assets, which would increase its beta to 1.50. HCA estimates that Mission Health if acquired, would produce the following net cash flows to HCA's shareholders (in millions of dollars):

Year

Free Cash Flows to Equity holders

1

$1.30

2

$1.50

3

$1.75

4

$2.00

5 and beyond

Constant growth at 6%

These cash flows include all acquisition effects. HCA's cost of equity is 14 percent, its beta is 1.0, and its cost of debt is 10 percent. The risk-free rate is 8 percent.

a. What discount rate should be used to discount the estimated cash flow? (Hint: Use HCA's cost of equity to determine the market risk premium.)

b. What is the dollar value of Mission Health to HCA's shareholders?

In: Accounting

You plan to invest in the Kish Hedge Fund, which has total capital of $500 million...

You plan to invest in the Kish Hedge Fund, which has total capital of $500 million invested in five stocks:

Stock Investment Stock's Beta Coefficient
A $160 million 0.7
B 120 million 1.1
C 80 million 1.9
D 80 million 1.0
E 60 million 1.6

Kish's beta coefficient can be found as a weighted average of its stocks' betas. The risk-free rate is 5%, and you believe the following probability distribution for future market returns is realistic:

Probability Market Return
0.1 -28 %
0.2 0
0.4 14
0.2 31
0.1 52
  1. What is the equation for the Security Market Line (SML)? (Hint: First determine the expected market return.)
    1. ri = 7.0% + (8.5%)bi
    2. ri = 5.0% + (8.6%)bi
    3. ri = 8.8% + (9.2%)bi
    4. ri = 8.8% + (8.6%)bi
    5. ri = 5.0% + (9.2%)bi

    -Select-IIIIIIIVVItem 1

  2. Calculate Kish's required rate of return. Do not round intermediate calculations. Round your answer to two decimal places.

      %

  3. Suppose Rick Kish, the president, receives a proposal from a company seeking new capital. The amount needed to take a position in the stock is $50 million, it has an expected return of 15%, and its estimated beta is 1.4. Should Kish invest in the new company?

    The new stock -Select-should or shouldn't be purchased.

    At what expected rate of return should Kish be indifferent to purchasing the stock? Round your answer to two decimal places.

      %

In: Finance

Sunrise, Inc., has no debt outstanding and a total market value of $296,400. Earnings before interest...

Sunrise, Inc., has no debt outstanding and a total market value of $296,400. Earnings before interest and taxes, EBIT, are projected to be $45,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 19 percent higher. If there is a recession, then EBIT will be 30 percent lower. The company is considering a $155,000 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,800 shares outstanding. The company has a tax rate of 23 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. (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.)

In: Finance

PLEASE SHOW WORK USING EXCEL SPREADSHEET HCA HealthCare is considering an acquisition of Mission Health. Mission...

PLEASE SHOW WORK USING EXCEL SPREADSHEET

HCA HealthCare is considering an acquisition of Mission Health. Mission Health is a publicly traded company, and its current beta is 1.30. Mission Health has been barley profitable and had paid an average of only 20% in taxes during the last several years. In addition, it uses little debt, having a debt ration of just 25%. If the acquisition were made, HCA would operate Mission Health as a separate, wholly owned subsidiary. Mission Health would pay taxes on a consolidated basis, and the tax rate would therefore increase to 35%. HCA also would increase the debt capitalization in the Mission Health subsidiary to 40% of assets, which would increase its beta to 1.5. HCA estimates that Mission Health, if acquired, would produce the following net cash flows to HCA's shareholders (in millions of dollars):

Year Free Cash Flows to Equityholders
1 $1.30
2 $1.50
3 $1.75
4 $2.00
5+ constant growth rate at 6%

These cash flows include all acquisition effects. HCA's cost of equity is 14%; its beta is 1.0; and its cost of debt is 10%. The risk free rate is 8%

A. What discount rate should be used to discount the estimated cash flow? (Hint: Use HCA's cost of equity to determine the market risk premium)

B. What is the dollar value of Mission Health to HCA's shareholders?

In: Accounting

Okay Accents Company manufactures and sells three styles of bathroom faucets: Nickel, Chrome, and White. Production...

Okay Accents Company manufactures and sells three styles of bathroom faucets: Nickel, Chrome, and White. Production takes 25, 25, and 10 machine hours to manufacture 1,000-unit batches of nickel, chrome, and white faucets, respectively. The following additional data apply:

                                                      NICKEL           CHROME        WHITE

Projected sales in units                   32,000                 50,000           40,000

PER UNIT data:                                

Selling price                                      $35                     $20                $30

Direct materials                                 $ 8                      $ 4                 $ 8

Direct labor                                       $15                     $ 3                 $ 9

Overhead cost based on direct labor hours

(traditional system)                            $13                     $ 3                 $ 9

Hours per 1000-unit batch:

Direct labor hours                               40                       10                  30

Machine hours                                    25                      25                  10

Setup hours                                        1.5                       0.5                 1.0

Inspection hours                                 30                        20                  20

Total overhead costs and activity levels for the year are estimated as follows

Activity                            Overhead costs             Activity levels

Direct labor hours                                                2,900 hours

Machine hours                                                       2,400 hours

Setups                            $465,500                        95 setup hours

Inspections                    $405,000                        2,700 inspection hours

Total                              $870,500

a. Using the traditional system, determine the operating profit or loss per unit for the nickel style of faucet.
b. Determine the activity-cost-driver rate for setup costs and inspection costs.
Using the ABC system, for the nickel style of faucet:
c. compute the estimated overhead costs per unit.
d. compute the estimated operating profit per unit.

In: Accounting

MATLAB ONLY please. Please put the entire code below. 1. you will read a list of...

MATLAB ONLY please. Please put the entire code below.

1. you will read a list of internet logs from a notepad.
2. then you will extract the following.
- a host (e.g., '146.204.224.152')
- a user_name (e.g., 'feest6811' note: sometimes the username is missing! In this case, use '-' as the value for the username.)
- the timme a request was made (e.g., '21/Jun/2019:15:45:24-0700')
- the post request type (e.g., 'POST /incentivize HTTP/1.1' note: not everthing is a POST!)

Your task is to convert this into a list of strings:
"host :146.204.224.152"
"user_name: feest6811",
"time :21/Jun/2019:15:45:24 -0700",
"request: POST /incentivize HTTP/1.1' note: not everthing is a POST!)

LIST OF LOG FILES:

146.204.224.152 - feest6811 [21/Jun/2019:15:45:24 -0700] "POST /incentivize HTTP/1.1" 302 4622
197.109.77.178 - kertzmann3129 [21/Jun/2019:15:45:25 -0700] "DELETE /virtual/solutions/target/web+services HTTP/2.0" 203 26554
156.127.178.177 - okuneva5222 [21/Jun/2019:15:45:27 -0700] "DELETE /interactive/transparent/niches/revolutionize HTTP/1.1" 416 14701
100.32.205.59 - ortiz8891 [21/Jun/2019:15:45:28 -0700] "PATCH /architectures HTTP/1.0" 204 6048
168.95.156.240 - stark2413 [21/Jun/2019:15:45:31 -0700] "GET /engage HTTP/2.0" 201 9645
71.172.239.195 - dooley1853 [21/Jun/2019:15:45:32 -0700] "PUT /cutting-edge HTTP/2.0" 406 24498

In: Computer Science

Question 2: A study was undertaken to compare the waste-generating behaviour of residents in four remote,...

Question 2: A study was undertaken to compare the waste-generating behaviour of residents in four remote, isolated communities: Pétaouchnok, Malakazoo, Erehwon, and Naschmere. 20 households were randomly selected from each of these communities, and the average daily garbage output measured over a specified period of time. The data obtained is shown in the table below (values in kg/day of waste per capita): Pétaouchnok Malakazoo Erehwon Naschmere 2.3 4.5 1.1 1.7 3.3 3.0 4.1 1.1 3.3 2.3 2.0 0.0 4.4 1.8 3.9 3.1 2.6 3.3 2.1 3.9 3.3 5.2 2.7 3.4 5.3 3.7 5.0 3.3 0.0 3.1 2.6 2.9 3.7 2.2 4.3 3.1 2.5 5.0 5.4 3.1 1.9 5.0 2.7 1.3 2.9 1.8 0.7 1.7 1.0 3.0 2.8 1.8 4.4 4.6 2.8 1.9 3.6 4.0 3.1 2.1 3.7 1.7 4.1 3.2 3.4 3.1 3.7 2.6 4.0 3.2 4.8 1.9 2.5 2.5 3.0 2.7 3.7 1.7 3.7 2.9 a) Calculate the grand mean, as well as the sample mean and variance for each town, for average per capita waste in kg/day. b) At LOC = 95%, what would you conclude about whether or not there is any difference in garbage generation rates across these four towns? Use the critical-value method. c) Using the p-value method, determine if your conclusion from Part (a) would be different for any common values of LOC.

In: Statistics and Probability

C. Effect of adding a strong acid base to an amphoteric hydroxide 1. Obtain approximately 20.0...

C. Effect of adding a strong acid base to an amphoteric hydroxide

1. Obtain approximately 20.0 mL of 1.0 M zinc nitrate solution and place it into a 150 mL beaker.

2. Add 6 M sodium hydroxide (with mixing), in a drop-wise fashion, until a reasonable amount of solid appears.

3. Divide the mixture from step 2 into approximately two equal portions. (This mixture contains the amphoteric hydroxide.)

4. To one of the two portions, continue to add 6 Msodium hydroxide (with mixing) until you see a distinct change in the mixture. Note how much sodium hydroxide solution was added. (Recall: 20 drops  1 mL)

5. To the other portion, add 6 M nitric acid (with mixing) until you see a distinct change in the mixture. Note how much nitric acid solution was added. Dispose of the solutions in the appropriate waste receptacle

results for part c are as follow

effect of adding a strong acid or ase to an amphoteric hydroxide

obsrvation after mixng the two reagent-------white precipate fromed

first portion the solution got thick and was cloud llike.

the second portion

obervation after adding 1mL HNO3------------------ the precipate broke apart to smaller pieces onnce a good amount was added

QUESTION the context of part C of this experiment, explain what an amphoteric hydroxide can do that:

• acetic acid can’t do

• aqueous ammonia can’t do

• sodium chloride can’t do

In: Chemistry

1. My mom has been in pain due to a pinched nerve on her spine. She...

1. My mom has been in pain due to a pinched nerve on her spine. She was advised to do some injections to manage some of the pain. I decided to do a little research on my own to learn whether other patients feel any major difference after the injections. A detailed survey is presented to 25 patients and results were recorded in a scale of 1 to 10 to mesure the level of pain after the injection. Use the sample data to construct a 90% confidence interval for the mean pain level for the population (assumed normal) from the following data: 7.4, 0.0, 2.1, 8.1, 7.2, 7.0, 3.2, 6.9, 0.5, 4.3, 2.2, 8.6, 7.8, 8.8, 5.9, 7.9, 1.8, 2.8, 1.7, 8.9, 9.4, 9.6, 4.3, 8.2 and 1.0.

a. What is the average?
b. What is the standard deviation?
c. What is the sample size?
d. What is the degrees of freedom?
e. What is the distribution to be used?
f. At 90% confidence interval what t value will you be using?
g. What is the EBM?
h. What is the lower bound of the confidence interval?
i. What is the upper bound of the confidence interval?
j. Based on the confidence interval that you have calculated, would you say that at 90% confidence interval, would it be worth taking the injection? Why? (remember they are given a scale from 1 to 10, being 1 being no pain difference and 10, major pain relief.

In: Statistics and Probability