The company is considering the introduction of a new product that is expected to reach sales of $10 million in its first full year and $13 million of sales in the second and third years. Thereafter, annual sales are expected to decline to two-thirds of peak annual sales in the fourth year and one-third of peak sales in the fifth year. No more sales are expected after the fifth year. The CGS is about 60% of the sales revenues in each year. The GS&A expenses are about 23.5% of the sales revenue. Tax on profits is to be paid at a 40% rate. A capital investment of $0.5 million is needed to acquire production equipment. No salvage value is expected at the end of its five-year useful life. This investment is to be fully depreciated on a straight-line basis over five years. In addition, working capital is needed to support the expected sales in an amount equal to 27% of the sales revenue. This working capital investment must be made at the beginning of each year to build up the needed inventory and implement the planned sales program. Furthermore, during the first year of sales activity, a one-time product introductory expense of $200,000 is incurred. Approximately $1.0 million has already been spent promoting and test marketing the new product.
a. Formulate a multiyear income statement to estimate the cash flows throughout its five-year life cycle.
b. Assuming a 20% discount rate, what is the new product’s NPV?
c. Should the company introduce the new product?
In: Accounting
Common-Sized Income Statement
Revenue and expense data for the current calendar year for Tannenhill Company and for the electronics industry are as follows. Tannenhill's data are expressed in dollars. The electronics industry averages are expressed in percentages.
Tannenhill Company |
Electronics Industry Average |
||||
| Sales | $4,000,000 | 100.0 | % | ||
| Cost of goods sold | (2,120,000) | (60.0) | |||
| Gross profit | $1,880,000 | 40.0 | % | ||
| Selling expenses | $(1,080,000) | (24.0) | % | ||
| Administrative expenses | (640,000) | (14.0) | |||
| Total operating expenses | $(1,720,000) | (38.0) | % | ||
| Operating income | $160,000 | 2.0 | % | ||
| Other revenue and expense: | |||||
| Other revenue | 120,000 | 3.0 | |||
| Other expense | (80,000) | (2.0) | |||
| Income before income tax expense | $200,000 | 3.0 | % | ||
| Income tax expense | (80,000) | (2.0) | |||
| Net income | $120,000 | 1.0 | % | ||
a. Prepare a common-sized income statement comparing the results of operations for Tannenhill Company with the industry average.
| Tannenhill Company | |||
| Common-Sized Income Statement | |||
| For the Year Ended December 31 | |||
| Tannenhill Company Amount |
Tannenhill Company Percent |
Electronics Industry Average |
|
| Sales | $4,000,000 | % | 100% |
| Cost of goods sold | (2,120,000) | (60) | |
| Gross profit | $1,880,000 | % | 40% |
| Selling expenses | $(1,080,000) | % | (24)% |
| Administrative expenses | (640,000) | (14) | |
| Total operating expenses | $(1,720,000) | % | (38)% |
| Operating income | $160,000 | % | 2% |
| Other revenue and expense: | |||
| Other revenue | 120,000 | 3 | |
| Other expense | (80,000) | (2) | |
| Income before income tax expense | $200,000 | % | 3% |
| Income tax expense | (80,000) | (2) | |
| Net income | $120,000 | 1 | |
In: Accounting
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 | 1.2 |
| C | 80 million | 2.3 |
| 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 | -30% |
| 0.2 | 0 |
| 0.4 | 14 |
| 0.2 | 31 |
| 0.1 | 54 |
In: Finance
Use the following to answer questions 14-19:
A design engineer wants to construct a sample mean chart and a range chart for controlling the diameter for a component used in surgeries. The following table contains measurements (in millimeters) of the diameter for a component. Four samples of five units each were taken at random two-hour intervals.
|
Observation number |
||||||
|
Sample |
1 |
2 |
3 |
4 |
5 |
|
|
1 |
8 |
9 |
10 |
9 |
8 |
|
|
2 |
9 |
7 |
9 |
9 |
8 |
|
|
3 |
8 |
9 |
9 |
10 |
10 |
|
|
4 |
9 |
9 |
9 |
9 |
9 |
|
14. What is the sample mean for Sample 1?
a. 8.8
b. 10.1
c. 11
d. 8.0
e. 9.2
15.
What is the sample range for Sample 1?
a. 0
b. 1
c. 3
d. 4
e. 2
16. What is the estimate of the process mean for whenever it is in control?
a. 9.30
b. 8.85
c. 10.60
d. 10.00
e. 8.00
17. What is the estimate of the sample average range based upon this limited sample?
a. 1.1
b. 0.0
c. 1.0
d. 2.0
e. 1.5
18. What are the X-bar chart upper and lower control limits?
a. 10.01 and 7.15
b. 9.37 and 8.03
c. 11.87 and 5.83
d. 9.94 and 6.77
e. 9.72 and 7.98
19. What are the R chart upper and lower control limits?
a. 3.165 and 0
b. 4.225 and 0
c. 4.565 and 0
d. 3.855 and 0.042
e. 3.520 and 0
In: Operations Management
write a program in matlab to produce a discrete event simulation of a switching element with 10 inputs and 3 outputs. Time is slotted on all inputs and outputs. Each input packet follows a Bernoulli process. In a given slot, the independent probability that a packet arrives in a slot is p and the probability that a slot is empty is (1– p). One packet fills one slot. For a switching element if 3 or less packets arrives to some inputs, they are forwarded to the switching element outputs without a loss. If more than 3 packets arrive to the inputs of the switching element, only 3 packets are randomly chosen to be forwarded to the switching element outputs and the remaining ones are discarded. In your simulation the program will mimic the operation of the switch and collect statistics. That is, in each time slot the program randomly generates packets for all inputs of the switching element and counts how many packets can be passed to the output of the switching element (causing throughput) and, alternatively counts how many packets are dropped (when the switching element has more than 3 input packets at a given time slot) . Your task is to collect throughput statistics for different values of p (p = 0.05, 0.1 up to 1.0 in steps of 0.05), by running the procedure described above for each value of p and for many slots (at least a thousand slots per value of p). The more simulated slots, the more accurate the results will be. Based on this statistics, plot two graphs: 1) the average number of busy outputs versus p, and 2) the average number of dropped packets versus p.
In: Statistics and Probability
android studio
Reproduce the same action as this using a ListView.
<resources>
<string-array name="pizzas">
<item>Ham and Pineapple</item>
<item>Supreme</item>
<item>Seafood</item>
<item>Italian</item>
<item>Meat Lovers</item>
</string-array>
</resources>
Following is the layout XML File
<?xml version="1.0" encoding="utf-8"?>
<android.support.constraint.ConstraintLayout xmlns:android="http://schemas.android.com/apk/res/android"
xmlns:app="http://schemas.android.com/apk/res-auto"
xmlns:tools="http://schemas.android.com/tools"
android:layout_width="match_parent"
android:layout_height="match_parent"
tools:context=".MainActivity">
<Spinner
android:id="@+id/spinner"
android:layout_width="368dp"
android:layout_height="wrap_content"
tools:layout_editor_absoluteX="8dp"
tools:layout_editor_absoluteY="42dp" />
<TextView
android:id="@+id/textView"
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="TextView"
tools:layout_editor_absoluteX="163dp"
tools:layout_editor_absoluteY="145dp" />
</android.support.constraint.ConstraintLayout>
Following is the JAVA main File.
package com.example.wincrap.myapplication;
import android.support.v7.app.AppCompatActivity;
import android.os.Bundle;
import android.view.View;
import android.widget.AdapterView;
import android.widget.ArrayAdapter;
import android.widget.Spinner;
import android.widget.TextView;
public class MainActivity extends AppCompatActivity {
private Spinner spinner;
public TextView textView;
@Override
protected void onCreate(Bundle savedInstanceState) {
super.onCreate(savedInstanceState);
spinner = (Spinner)findViewById(R.id.spinner);
textView = (TextView) findViewById(R.id.textView);
ArrayAdapter<CharSequence> adapter = ArrayAdapter.createFromResource(this, R.array.pizzas, android.R.layout.simple_spinner_item);
adapter.setDropDownViewResource(android.R.layout.simple_spinner_dropdown_item);
spinner.setAdapter(adapter);
spinner.setOnItemSelectedListener(
new AdapterView.OnItemSelectedListener() {
@Override
public void onItemSelected(AdapterView<?> parent, View view, int position, long id) {
textView.setText(String.valueOf(parent.getItemAtPosition(position).toString()));
}
@Override
public void onNothingSelected(AdapterView<?> parent) {
}
}
);
setContentView(R.layout.activity_main);
}
}In: Computer Science
Lake Community College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 20--. The faculty can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the Payroll Register on May 17. No employee has reached the OASDI ceiling, and all employees are taking the lump-sum payment. The state withholding rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The biweekly wage bracket is used for federal income taxes.
To calculate the tax withholdings, you must calculate the rounded tax for each pay and multiply by the number of pays in the lump-sum payment.
Round all values to the nearest cent.
Click here to access the Wage-Bracket Method Tables.
For Period Ending May 17
Employee Name |
Marital Status |
No. of W/H Allow. |
Biweekly Earnings |
(a) | Deductions | (f) | ||||
| Total Lump-Sum Payment |
(b) FICA | (c) | (d) | (e) | Net | |||||
| OASDI | HI | FIT | SIT | CIT | Pay | |||||
| Kinnery, Thomas | S | 1 | $2,000.00 | $ | $ | $ | $ | $ | $ | $ |
| Matthews, Mary | M | 2 | 2,600.00 | |||||||
| Grace, Catherine | S | 0 | 2,200.00 | |||||||
| Michael, Sean | S | 1 | 2,060.00 | |||||||
| Totals | $8,860.00 | $ | $ | $ | $ | $ | $ | $ | ||
Compute the employer's FICA taxes for the pay period ending May 17.
| OASDI Taxes | HI Taxes | |||
| OASDI taxable earnings | $ | HI taxable earnings | $ | |
| OASDI taxes | $ | HI taxes | $ |
In: Accounting
SECURITY MARKET LINE
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 | 0.6 |
| B | 120 million | 2.0 |
| C | 80 million | 3.9 |
| D | 80 million | 1.0 |
| E | 60 million | 2.7 |
Kish's beta coefficient can be found as a weighted average of its stocks' betas. The risk-free rate is 4%, and you believe the following probability distribution for future market returns is realistic:
| Probability | Market Return |
| 0.1 | (5%) |
| 0.2 | 9 |
| 0.4 | 11 |
| 0.2 | 13 |
| 0.1 | 16 |
In: Finance
Iconic memory is a type of memory that holds visual information for about half a second (0.5 seconds). To demonstrate this type of memory, participants were shown three rows of four letters for 50 milliseconds. They were then asked to recall as many letters as possible, with a 0-, 0.5-, or 1.0-second delay before responding. Researchers hypothesized that longer delays would result in poorer recall. The number of letters correctly recalled is given in the table.
|
Delay Before Recall |
||
|
0 |
0.5 |
1 |
|
10 |
10 |
7 |
|
4 |
4 |
4 |
|
9 |
6 |
2 |
|
11 |
5 |
4 |
|
6 |
3 |
3 |
|
8 |
8 |
4 |
(a) Complete the F-table. (Round your values for MS and F to two decimal places.)
|
Source of Variation |
SS |
df |
MS |
F |
|
Between groups |
||||
|
Within groups (error) |
||||
|
Total |
(b) Compute Tukey's HSD post hoc test and interpret the results.
(Assume alpha equal to 0.05. Round your answer to two decimal
places.)
The critical value is_____ for each pairwise comparison.
Which of the comparisons had significant differences? (Select all
that apply.)
-Recall following no delay was significantly different from recall following a half second delay.
-The null hypothesis of no difference should be retained because none of the pairwise comparisons demonstrate a significant difference.
-Recall following a half second delay was significantly different from recall following a one second delay.
-Recall following no delay was significantly different from recall following a one second delay.
In: Math
A wastewater containing 150 mg/l chlorobenzene is treated in a laboratory adsorption unit using a PVC column, 1.0 inch internal diameter, to an effluent concentration of 15 mg/l . Service times, and throughput volumes at specified depths and flowrates associated with a breakthrough concentration of 15.0 mg/l are given in table 1.
table1 : result of adsorption column experiment
Loading rate,gpm/ft2 Bed depth,ft Throughput volume, gal Time, hr
|
loading rate gpm/ft2 |
bed depth ft |
throughput volume, gal |
time, hr |
| 2.5 | 3.0 | 810 | 980 |
| 5.0 | 1750 | 2230 | |
| 7.0 | 2910 | 3440 | |
| 5.0 | 3.0 | 605 | 420 |
| 5.0 | 1495 | 1000 | |
| 9.0 | 3180 | 2185 | |
| 7.5 | 5.0 | 1183 | 452 |
| 9.0 | 2781 | 1075 | |
| 12.0 | 4000 | 1564 |
1) is the attainable effluent concentration satisfactory from a regulatory standpoint?
2) determine the Bohart-Adams constant ( K,N0 and x0) for each hydraulic loading.
3)base on data derived above design an adsorption column 2.0 ft internal diameter to treat a wastewater flow 5,000 gal/d containing 150 mg/l of CB. The attainable effluent concentration is 15 mg/l and it is desired to operate the column for 90 days(8 hourslday,7 days/week) before reching exhaustion.
4)calculate the yearly carbon requirements in cubic feet.
what kind of information do you need? these are all what i got from paper
In: Chemistry