Irene is saving for a new car she hopes to purchase either four or six years from now. Irene invests $22,000 in a growth stock that does not pay dividends and expects a 6 percent annual before-tax return (the investment is tax deferred). When she cashes in the investment after either four or six years, she expects the applicable marginal tax rate on long-term capital gains to be 25 percent. (For all requirements, do not round intermediate calculations. Round your final answers to nearest whole dollar amount.)

a. What will be the value of this investment four and six years from now?

b. When Irene sells the investment, how much cash will she have after taxes to purchase the new car (four and six years from now)?

in a 1200 word report, give an overview of the biochemical events that occur at the start point of a running race (that is, before the runner has commenced running), during the race, after 5 minutes and after 45 minutes, in terms of:

• ● the processes involved in the mobilisation and/or use of both types of fuels (carbohydrates and lipids).

• ● a brief overview of the biochemical pathways used to degrade these fuel molecules

• ● a comparison of the yield of ATP for both fuels

take into account answering the following in the report:

• What are the main time points you have to cover?

• ● What fuels are used at each time point?

• ● What pathways are required to mobilize the fuel?

• ● What pathways are involved in breakdown of the fuel?

• ● What cellular compartment and tissue types are involved?

• ● What are the inputs and outputs of each pathway?

• ● How much energy is derived from each fuel?

Suppose XYZ Corp stock is currently selling for $40 a share. You invest $10,000 of your own money to buy on margin. The initial margin rate is 60% and the minimum maintenance margin is 30%. The interest rate on margin loan is 8%. The stock paid $1 in dividends per share and you paid $0.50 per share as commission.

1. If the stock price increases to $52 after one year, show the T-Account calculations for Margin calculations and calculate your rate of return

2. If the stock price falls to $32 after one year, show the T-Account for margin calculations and calculate your rate of return

3. How far does the price have to fall before you get a margin call?

Suppose that you sell short 1,000 shares of Intel, currently selling for $20 per share, and give
your broker $15,000 to establish your margin account.
a. If you earn no interest on the funds in your margin account, what will be your rate of return
after 1 year if Intel stock is selling at: (i) $22; (ii) $20; (iii) $18? Assume that Intel pays no
dividends.
b. If the maintenance margin is 25%, how high can Intel’s price rise before you get a margin call?
c. Redo parts ( a ) and ( b ), but now assume that Intel also has paid a year-end dividend of $1
per share. The prices in part ( a ) should be interpreted as ex-dividend, that is, prices after the
dividend has been paid.

1. A vehicle (truck A), with a mass of 1800 kg, is tested for safety at a lab by having another vehicle (truck B) crash into it from behind. Initially, Truck A is at rest and truck B approaches at about 45 km/hr. After the crash, truck B recoils back at 10 km/hr, while truck A is pushed forward at 27 km/hr. Remember to give all answers in standard units. (This collision would likely be inelastic.)

1. Draw a sketch showing the trucks before AND after the collision, with your directions properly labeled.

2. Given these results, what must have been the mass of truck B? (Assume neither car lost any mass during the collision.)

1. How much did the total energy of the system (A + B) change? Was this change a gain or a loss of energy?

Suppose that you sell short 200 shares of Xtel, currently selling for $50 per share, and give your broker $6,000 to establish your margin account.

a. If you earn no interest on the funds in your margin account, what will be your rate of return after one year if Xtel stock is selling at: (i) $56; (ii) $50; (iii) $45? Assume that Xtel pays no dividends.

b. If the maintenance margin is 25%, how high can Xtel’s price rise before you get a margin call?

c. Redo parts (a) and (b), but now assume that Xtel also has paid a year-end dividend of $1 per share. The prices in part (a) should be interpreted as ex-dividend, that is, prices after the dividend has been paid.

Partial income statements for Sherwood Company summarized for a four-year period show the following:

An audit revealed that in determining these amounts, the ending inventory for 2015 was overstated by $20,000. The inventory balance on December 31, 2016, was accurately stated. The company uses a periodic inventory system.

1. Restate the partial income statements to reflect the correct amounts, after fixing the inventory error.

2-a. Compute the gross profit percentage for each year (a) before the correction and (b) after the correction. (Round your answers to the nearest whole percent.)

2-b. Do the results lend confidence to your corrected amounts?

Suppose that you sell short 200 shares of Xtel, currently selling for $50 per share, and give your broker $6,000 to establish your margin account.

a. If you earn no interest on the funds in your margin account, what will be your rate of return after one year if Xtel stock is selling at: (i) $56; (ii) $50; (iii) $45? Assume that Xtel pays no dividends.

b. If the maintenance margin is 25%, how high can Xtel’s price rise before you get a margin call?

c. Redo parts (a) and (b), but now assume that Xtel also has paid a year-end dividend of $1 per share. The prices in part (a) should be interpreted as ex-dividend, that is, prices after the dividend has been paid.

Margin call will be made at price ___________ or higher  

You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $2,000,000 and it would be depreciated straight-line to zero over 4 years. Because of radiation contamination, it will actually be completely valueless in 4 years. You can lease it for $600,000 per year for 4 years. Assume the tax rate is 34 percent. You can borrow at 8 percent before taxes.

What is after tax cost of lease payment? What is the annual depreciation tax shield? What is the annual operating cash flow from leasing? What is the after tax cost of debt? What is the net advantage to leasing (NAL) from your company's standpoint?

Juan is leasing a new car. The price of the car is 35,000. The terms of
the lease go as follows. There are 120 monthly payments with the first payment
being one month from now. The nominal rate of interest is 8.4% convertible
monthly. The payments in the first year are X. In the second year, the payments
are 1.01X, in the third 1.01 X^2 and so on. Just after his 60th payment, Juan
sells his car for Y dollars. Before Juan receives a check, he first must pay off the outstanding loan balance still owed just after his 60th payment to the lender.
What is the smallest value of Y such that Juanís check is at least 20000?

(a) 15,000-15,500
(b) 23,500-24,000
(c) 34,500-35,000
(d) 41,500-42,000
(e) 44,000-44,500