Enterprise car club have identified an opportunity for growth and are looking to expand their service to a new city in the United kingdom.
As an Enterprise car club employee you need to create a recommendation of when to expand the service,as well as a marketing plan for the city you have chosen to launch in, using a budget of £50,000.

Here are book and market value balance sheets of the United Frypan Company.

Book value balance sheet   

Net working capital 25 Debt 60

Long term assets    75    Equity 40

100    100

Market value balance sheet   

Net working capital    25    debt    60

Long term assets    180 equity    145

205    205

Assume that MM's theory holds except for taxes. There is no growth, and the $60 of debt is expected to be permanent. Assume a 33% corporate tax rate.

a. How much of the firm's market value is accounted for by the debt generated tax shield? (PV Tax Shield)

b. What is United Frypan's after tax WACC if r debt= 6.7% and r equity = 16.3%    (WACC %)

c. Now suppose that congress passes a law that eliminates the deductibility of interest for tax purposes. What will be the new value of the firm, other things equal? Assume a borrowing rate of 6.7%

****PLEASE include bell shaped curve

The airlines industry measures fuel efficiency by calculating how many miles one seat can travel, whether occupied or not, on one gallon of jet fuel. The following data show the fuel economy, in miles per seat for 17 randomly selected flights on Delta and United. Assume the two population variances for fuel efficiency for the two airline are equal.

Delta .   

United

a. Conduct a the 95% confidence interval estimate of the population?

b. Perform a hypothesis test using α = .05 to determine if the average fuel efficiency  differs between the two airlines.

c. Determine the p-value and interpret the results.

Answer the questions below:

1) It is claimed that price floors and price ceilings both reduce the actual quantity exchanged in a market. Use a diagram or diagrams to support this conclusion, and explain the common sense behind it.

2) Explain why an effective minimum wage law that is not changed over time may eventually become ineffective as demand for workers increases.

3) Last October, the highest-paying passenger on United Flight 815 from Chicago to Los Angeles paid $1,248.51. The lowest-paying passenger on the same flight paid $87.21. Can we say anything about the likely elasticities of demand of the two customers? Use the concepts of marginal analysis and opportunity cost to explain why it might make sense for United Airlines to charge some lucky soul so little.

4) Why are college textbooks so expensive when other books that cost the same to produce have a lower price?

United Project Consultants (UPC) provides project consultancy services to new business projects. For 2017, it has a total budgeted revenue of $480,000, based on an average price of $240 per business project prepared. UPC would like to achieve at least 50% as a margin of safety. The company’s current fixed costs are $241,956, and variable costs average $42 per project. (Consider each of the following separately.)

1. Calculate UPC’s breakeven point and margin of safety in units.

2. Which of the following changes would help UPC achieve its desired margin of safety?

a. Average revenue per business project increases to $276.

b. Planned number of business projects prepared increases by 25%.

c. United Project Consultants purchases new tax-software that results in a 7.5% increase in fixed costs, but makes project calculations easier. The software reduces variable costs by an average of $2 per project.

1. Suppose that Climate Change is caused the emissions of carbon dioxide and methane gases. Suppose further that the United Nations proposes a policy to combat these emissions to reduce the impact of Climate Change. This policy proposes that each country in the world reduces their carbon dioxide and methane emissions by 50% over the next two years (i.e., each country should cut their emissions by half). The United Nations suggests that countries could tax polluters to get them to reduce their emissions.

In class we discussed seven (7) criteria upon which environmental policy are evaluated. Carefully discuss this proposed policy from the perspective of:

a. Efficiency

b. Cost-effectiveness

c. Fairness

d. Enforceability

e. Flexibility

f. Incentives for technological innovation

g. Other moral considerations

For this question, I want 7 answers (one for each of a, b, c, d, e, f, and g, respectively). A couple of sentences under each category should be sufficient.

A way that governments can take decisions about the money supply (raising or lowering the interest rate) out of the hands of politicians, so that politicians aren’t tempted to allow high inflation to stimulate temporary economic growth

A. Transparency B. Central Bank Independence C. Reciprocity

11. If a country fears that they are close to defaulting on their debts (they are unable to make the promised payments to foreign lenders), which organization can help them out?

A. World Bank B. International Monetary Fund (IMF) C. United Nations

12 1. If a low income country wants funding for a new highway, which international organization would they appeal to?

A. World Bank B. International Monetary Fund (IMF) C. United Nations

13. What is now the key purpose of the International Monetary Fund (IMF)?

A. To determine countries’ exchange rates B. To reduce poverty in poor countries by financing infrastructure C. To enable global financial stability

What "general rule of thumb" was given regarding the federal and state governments' approach to voting?

Do most states follow the plurality rule or majority rule?

What sort of domestic policies should be handled by the federal government and which should be left to the states? And - are there things that the government should leave for the people to do for themselves?