Questions
A circumferential aluminum fin is attached to an electronic resistor having 1/4 inch diameter. The fin...

A circumferential aluminum fin is attached to an electronic resistor having 1/4 inch diameter. The fin is 1/8 inch long and .001 inches thick. The convective heat transfer coefficient to the surrounding media, air at 60oF, is 10 Btu/h ft2 oF when the fin is at 120oF. Estimate the fin efficiency and the heat transfer from the fin.

In: Mechanical Engineering

A pop quiz has two questions. Question 1 is a multiple choice question with 4 possible...

A pop quiz has two questions. Question 1 is a multiple choice question with 4 possible answers. Question 2 is a true/false question. One student is completely unprepared for the quiz and has to guess the answers. Let X denote the number of questions answered correctly.

1. List all possible results for the student's quiz and their probabilities. Use C to denote a correct answer and I to denote and incorrect answer.

2. List the possible values for X.

3. Find the probabilities for each value of X and form the probability distribution.

4. Find the probability that the student gets at least 1 question correct.

5. Find the mean and standard deviation of this distribution using a graphing utility.

6. Find the expected number of questions the student will answer correctly.

In: Statistics and Probability

A firm considers a project with the following cash flows: time-zero = -120,000, years 1-4 =...

A firm considers a project with the following cash flows: time-zero = -120,000, years 1-4 = 55,500, and the fifth year -90,000. Should the project be accepted if the cost of capital is 9%?

a.

No, the PI of the project is less than 1

b.

No, the MIRR of the project is 9.16%.

c.

Yes, the IRR of the project is 10.04%.

d.

Yes, the NPV of the project is $1,310.63

In: Finance

A company is considering purchasing wine glasses from 1 of 4 possible manufacturers (identified as Manufacturer...

A company is considering purchasing wine glasses from 1 of 4 possible manufacturers (identified as Manufacturer A, Manufacturer B, Manufacturer C, and Manufacturer D). The cost of the wine glasses is the same for each manufacturer, so the company is conducting a test to determine if there is a difference in the average life of glasses produced by the manufacturers. Four (4) glasses are randomly sampled from each manufacturer and the glasses are tested until they break. A partially completed ANOVA table of the results is shown below. The F critical value is shown for α = 0.05.

ANOVA

Source of Variation

SS

df

MS

F

F crit

Between Groups

204993

3

3.4903

Within Groups

78218

Total

283211

15

1. State the Null and alternative hypotheses of interest.

Ho: __________________________________________

HA: __________________________________________

  1. Compute the mean squares for the between groups: __________________
  2. Compute the mean squares for the within groups: ____________________
  3. What is the calculated value of the F test statistic: ____________________
  4. Based on the calculated value and critical value of F what conclusion do you reach concerning whether the manufacturer has an effect on the average life of the wine glasses?

In: Statistics and Probability

On January 1, 2018, the Company issued a 4-year, 9%, $500,000 bond that will pay interest...

On January 1, 2018, the Company issued a 4-year, 9%, $500,000 bond that will pay interest at the end of each month. The market rate at the time of issue was 7%.

The assignment requires you to calculate the issue price (present value of the bond) as well as the discount or premium. The assignment then requires you complete the entire amortization schedule from issue date through maturity. The last requirement asks you to prepare three journal entries

In: Accounting

Topic obesity Answer the following question 1) write an executive summary with 3 or 4 key...

Topic obesity

Answer the following question

1) write an executive summary with 3 or 4 key findings from the community of obesity/childhood obesity.

In: Nursing

I only need 4 and 5 1) Define Aggregate Demand. Aggregate demand is a schedule or...

I only need 4 and 5

1) Define Aggregate Demand.

Aggregate demand is a schedule or curve that shows the various amounts of real domestic output that domestic and foreign buyers will desire to purchase at each possible price level.

2) Give three reasons why the Aggregate Demand curve slopes downward.

Real balances effect: When the price level falls, the purchasing power of existing financial balances rises, which can increase spending.

Interest‑rate effect: A decline in the price level means lower interest rates that can increase levels of certain types of spending.

Foreign purchases effect: When the price level falls, other things being equal, U.S. prices will fall relative to foreign prices, which will tend to increase spending on U.S. exports and also decrease import spending in favor of the U.S. products that compete with imports.

3) Using the Expenditure Model (GDP = C + G + I + NX), draw a graph that depicts Demand-Pull inflation.

For the GDP be , we have the representative AD and AS curve, and the initial equilibrium at X. Now, in case of demand-pull inflation, the AD increases to AD' due to an increase in consumption and/or government spending and/or NX, ie for , the representative AD is AD'. The new equilibrium would be at Y, where the price has increased.

Hence, inflation in case of demand-pull inflation would happen in the framework of expenditure model when

  • C: consumer expenditure increases for some reason, such as an increase in the price of a group of products (which may happen as a significant factor like oil prices spikes up).

  • G: government spending increases as a part of the expansionary fiscal policy.

  • NX: domestic currency depreciates and that change in exchange rate causes export to increase, ie net export increases.

4) What factors cause Demand-Pull inflation?

5) Using the Expenditure Model (GDP = C + G + I + NX), what needs to be done to get back to equilibrium when an economy experiences Demand-Pull inflation?

In: Economics

Allergy sensitization - put these events in order #1-#4. > Effector Th2 T cells interact with...

Allergy sensitization - put these events in order #1-#4.

> Effector Th2 T cells interact with B cells to induce class switching to IgE

> Allergen is taken up by dendritic cells, processed, and presented to T cells to induce Th2 differentiation

> IgE is produced and binds to mast cells using FcE receptor

> IgE bound to mast cells binds allergen during a second (or later) encounter, leads to degranulation and allergy symptoms

In: Biology

1. Capital Structure Question: a) Provide a definition of financial risk. [4 Marks] b) Under the...

1. Capital Structure Question:

a) Provide a definition of financial risk. [4 Marks]

b) Under the perfect market conditions that there is no corporate tax, no bankruptcy costs and agency costs, what will happen to the equity return when a firm increases its debt level? [6 Marks]

c) Describe the possible types of bankruptcy costs covered in capital structure theory.

2. Dividend Policy Question

a) Describe the economic nature of dividend payment and the most popular ways of paying dividend. [6 Marks]

b) Explain why “stock dividend” is not a real dividend payment in nature. [4 Marks]

c) Describe how an equity holder’s income tax rate level might influence his/her preference between cash dividend and share repurchasing programs

In: Finance

1. Find the most recent 4 years' balance sheets and 3 years' income statement for the...

1. Find the most recent 4 years' balance sheets and 3 years' income statement for the two companies you have chosen to study for your project. (CVS +Walgreens or Mcdonalds +  Wendy's).

2. Perform vertical analysis and horizontal analyses for the balance sheets (for horizontal analysis, use the first year as your base year; for vertical analysis, use "total assets" as the base).

CVS Balance

Period Ending 12/31/17 12/31/16 12/31/15
Current Assets
Cash And Cash Equivalents 1,696,000 3,371,000 2,459,000
Short Term Investments 111,000 87,000 88,000
Net Receivables 13,181,000 12,164,000 11,888,000
Inventory 15,296,000 14,760,000 14,001,000
Other Current Assets 945,000 660,000 722,000
Total Current Assets 31,229,000 31,042,000 29,158,000
Long Term Investments - - -
Property Plant and Equipment 10,292,000 10,175,000 9,855,000
Goodwill 38,451,000 38,249,000 38,106,000
Intangible Assets 13,630,000 13,511,000 13,878,000
Accumulated Amortization - - -
Other Assets 1,529,000 1,485,000 1,440,000
Deferred Long Term Asset Charges - - -
Total Assets 95,131,000 94,462,000 92,437,000
Current Liabilities
Accounts Payable 15,472,000 14,883,000 14,319,000
Short/Current Long Term Debt 15,176,000 11,367,000 8,850,000
Other Current Liabilities - - -
Total Current Liabilities 30,648,000 26,250,000 23,169,000
Long Term Debt 22,181,000 25,615,000 26,267,000
Other Liabilities 1,611,000 1,549,000 1,542,000
Deferred Long Term Liability Charges 2,996,000 4,214,000 4,217,000
Minority Interest 4,000 4,000 7,000
Negative Goodwill - - -
Total Liabilities 57,440,000 57,632,000 55,202,000
Stockholders' Equity
Misc. Stocks Options Warrants - - 39,000
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 17,000 17,000 17,000
Retained Earnings 43,556,000 38,983,000 35,506,000
Treasury Stock -37,765,000 -33,452,000 -28,886,000
Capital Surplus 32,079,000 31,618,000 30,948,000
Other Stockholder Equity -196,000 -336,000 -389,000
Total Stockholder Equity 37,691,000 36,830,000 37,196,000
Net Tangible Assets -14,390,000 -14,930,000 -14,788,000

CVS Income

Income Statement All numbers in thousands
Revenue 12/31/17 12/31/16 12/31/15
Total Revenue 184,765,000 177,526,000 153,290,000
Cost of Revenue 156,220,000 148,669,000 126,762,000
Gross Profit 28,545,000 28,857,000 26,528,000
Operating Expenses
Research Development - - -
Selling General and Administrative - - -
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss 9,517,000 10,366,000 9,475,000
Income from Continuing Operations
Total Other Income/Expenses Net -208,000 -671,000 -21,000
Earnings Before Interest and Taxes 9,309,000 9,695,000 9,454,000
Interest Expense 1,041,000 1,058,000 838,000
Income Before Tax 8,268,000 8,637,000 8,616,000
Income Before Tax 8,268,000 8,637,000 8,616,000
Income Tax Expense 1,637,000 3,317,000 3,386,000
Minority Interest 4,000 4,000 7,000
Net Income From Continuing Ops 6,631,000 5,320,000 5,230,000
Non-recurring Events
Discontinued Operations -8,000 -1,000 9,000
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Net Income
Net Income 6,622,000 5,317,000 5,237,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 6,622,000 5,317,000 5,237,000

Walgreens Income

Income Statement All numbers in thousands
Revenue 8/31/17 8/31/16 8/31/15
Total Revenue 118,214,000 117,351,000 103,444,000
Cost of Revenue 89,052,000 87,477,000 76,691,000
Gross Profit 29,162,000 29,874,000 26,753,000
Operating Expenses
Research Development - - -
Selling General and Administrative 23,605,000 23,873,000 22,085,000
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss 5,557,000 6,001,000 4,668,000
Income from Continuing Operations
Total Other Income/Expenses Net -11,000 -261,000 1,248,000
Earnings Before Interest and Taxes 5,546,000 5,740,000 5,916,000
Interest Expense 693,000 596,000 605,000
Income Before Tax 4,853,000 5,144,000 5,311,000
Income Tax Expense 752,000 953,000 1,032,000
Minority Interest 808,000 401,000 439,000
Net Income From Continuing Ops    4,078,000 4,173,000 4,220,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items
Net Income
Net Income 4,078,000 4,173,000 4,220,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 4,078,000 4,173,000 4,220,000

Walgreens Balance

Period Ending 8/31/17 8/31/16 8/31/15
Current Assets
Cash And Cash Equivalents 3,301,000 9,807,000 3,000,000
Short Term Investments - - -
Net Receivables 6,528,000 6,260,000 6,849,000
Inventory 8,899,000 8,956,000 8,678,000
Other Current Assets 1,025,000 860,000 1,130,000
Total Current Assets 19,753,000 25,883,000 19,657,000
Long Term Investments 6,320,000 6,174,000 1,242,000
Property Plant and Equipment 13,642,000 14,335,000 15,068,000
Goodwill 15,632,000 15,527,000 16,372,000
Intangible Assets 10,156,000 10,302,000 12,351,000
Accumulated Amortization - - -
Other Assets 506,000 467,000 4,092,000
Deferred Long Term Asset Charges - - -
Total Assets 66,009,000 72,688,000 68,782,000
Current Liabilities
Accounts Payable 18,296,000 16,690,000 15,489,000
Short/Current Long Term Debt 251,000 323,000 1,068,000
Other Current Liabilities - - -
Total Current Liabilities 18,547,000 17,013,000 16,557,000
Long Term Debt 12,684,000 18,705,000 13,315,000
Other Liabilities 4,223,000 4,045,000 4,072,000
Deferred Long Term Liability Charges 2,281,000 2,644,000 3,538,000
Minority Interest 808,000 401,000 439,000
Negative Goodwill - - -
Total Liabilities 37,735,000 42,407,000 37,482,000
Stockholders' Equity
Misc. Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 12,000 12,000 12,000
Retained Earnings 30,137,000 27,684,000 25,089,000
Treasury Stock -9,971,000 -4,934,000 -3,977,000
Capital Surplus 10,339,000 10,111,000 9,953,000
Other Stockholder Equity -3,051,000 -2,993,000 -216,000
Total Stockholder Equity 27,466,000 29,880,000 30,861,000
Net Tangible Assets 1,678,000 4,051,000 2,138,000


In: Accounting