Questions
Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential...

Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testing. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering using the multiple production department factory overhead rate method. The following factory overhead was budgeted for Pineapple:

1

Assembly Department

$240,000.00

2

Testing Department

750,000.00

3

Total

$990,000.00

Direct machine hours were estimated as follows:

Assembly Department 3,000 hours
Testing Department 6,000
Total 9,000 hours

In addition, the direct machine hours (dmh) used to produce a unit of each product in each department were determined from engineering records, as follows:

Commercial Residential
Assembly Department 1.5 dmh 1.0 dmh
Testing Department 3.0 2.0
Total machine hours per unit 4.5 dmh 3.0 dmh
Required:
a. Determine the per-unit factory overhead allocated to the commercial and residential motors under the single plantwide factory overhead rate method, using direct machine hours as the allocation base.
b. Determine the per-unit factory overhead allocated to the commercial and residential motors under the multiple production department factory overhead rate method, using direct machine hours as the allocation base for each department.
c. (1) Recommend to management a product costing approach, based on your analyses in (a) and (b). (2) Give a reason for your answer.

In: Accounting

Assume you have just been hired as a business manager of PizzaPalace, a regional pizza restaurant...

Assume you have just been hired as a business manager of PizzaPalace, a regional pizza restaurant chain. The company’s EBIT was $50 million last year and is not expected to grow. The firm is currently financed with all equity, and it has 10 million shares outstanding. When you took your corporate finance course, your instructor stated that most firms’ owners would be financially better off if the firms used some debt. When you suggested this to your new boss, he encouraged you to pursue the idea. As a first step, assume that you obtained from the firm’s investment banker the following estimated costs of debt for the firm at different capital structures:

Percent Financed with Debt, 0% — 20 8.0% 30 8.5 40 10.0 50 12.0 If the company were to recapitalize, then debt would be issued and the funds received would be used to repurchase stock. PizzaPalace is in the 40% state-plus-federal corporate tax bracket, its beta is 1.0, the risk-free rate is 6%, and the market risk premium is 6%.

a.Using the free cash flow valuation model, show the only avenues by which capital structure can affect value

b. 1.What is business risk? What factors influence a firm’s business risk? 2.What is operating leverage, and how does it affect a firm’s business risk? Show the operating break-even point if a company has fixed costs of $200, a sales price of $15, and variable costs of $10.

In: Finance

A measure of the strength of the linear relationship that exists between two variables is called:...

A measure of the strength of the linear relationship that exists between two variables is called: Slope/Intercept/Correlation coefficient/Regression equation. If both variables X and Y increase simultaneously, then the coefficient of correlation will be: Positive/Negative/Zero/One. If the points on the scatter diagram indicate that as one variable increases the other variable tends to decrease the value of r will be: Perfect positive/Perfect negative/Negative/Zero. The range of correlation coefficient is: -1 to +1/0 to 1/-∞ to +∞/0 to ∞. Which of the following values could NOT represent a correlation coefficient? r = 0.99/r = 1.09/r = -0.73/r = -1.0. The correlation coefficient is used to determine: A specific value of the y-variable given a specific value of the x-variable/A specific value of the x-variable given a specific value of the y-variable/The strength of the relationship between the x and y variables/None of these. If two variables, x and y, have a very strong linear relationship, then: There is evidence that x causes a change in y/There is evidence that y causes a change in x/There might not be any causal relationship between x and y/None of these alternatives is correct. If the Pearson correlation coefficient R is equal to 1 (r=1) then: There is a negative relationship between the two variables. /There is no relationship between the two variables. /There is a perfect positive relationship between the two variables. /There is a positive relationship between the two variables. If the correlation between 2 variables is -.77, which of the following is true? There is a fairly strong negative linear relationship/An increase in one variable will cause the other variable to decline by 75%

In: Math

The following​ table, contains annual returns for the stocks of ABC Corp. ​(ABC ​) and XYZ...

The following​ table, contains annual returns for the stocks of ABC Corp. ​(ABC ​) and XYZ Corp. ​(XYZ ​). The returns are calculated using​ end-of-year prices​ (adjusted for dividends and stock​ splits). Use the information for ABC Corp. ​(ABC ​) and XYZ Corp. ​(XYZ ​) to create an Excel spreadsheet that calculates the average returns over the​ 10-year period for portfolios comprised of ABC and XYZ using the​ following, respective,​ weightings: (1.0,​ 0.0), (0.9,​ 0.1). The average annual returns over the​ 10-year period for ABC and XYZ are 15.33 ​% and 13.04 ​% respectively.​ Also, calculate the portfolio standard deviation over the​ 10-year period associated with each portfolio composition. The standard deviation over the​ 10-year period for ABC Corp. and XYZ Corp. and their correlation coefficient are 25.33 ​%, 23.42 ​%, and 0.84285 respectively. ​(Hint​: Review Table​ 5.2.) Enter the average return and standard deviation for a portfolio with​ 100% ABC Corp. and​ 0% XYZ Corp. in the table below.

Year   ABC Returns   XYZ Returns
2005   -3.5%   17.3%
2006   1.9%   -8.1%
2007   -31.6%   -26.7%
2008   -10.3%   -3.2%
2009   30.2%   9.9%
2010   26.5%   10.1%
2011   22.8%   4.8%
2012   52.4%   43.8%
2013   35.6%   42.3%
2014   29.3%   40.2%

Enter the average return and standard deviation for a portfolio with​ 100% ABC Corp. and​ 0% XYZ Corp. in the table below.  ​(Round to two decimal​ places.)
Enter the average return and standard deviation for a portfolio with​ 90% ABC Corp. and​ 10% XYZ Corp. in the table below.  ​(Round to two decimal​ places.)

In: Finance

Minion, Inc., has no debt outstanding and a total market value of $356,900. Earnings before interest...

Minion, Inc., has no debt outstanding and a total market value of $356,900. Earnings before interest and taxes, EBIT, are projected to be $50,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 16 percent higher. If there is a recession, then EBIT will be 25 percent lower. The company is considering a $180,000 debt issue with an interest rate of 5 percent. The proceeds will be used to repurchase shares of stock. There are currently 8,300 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

Minion, Inc., has no debt outstanding and a total market value of $308,100. Earnings before interest...

Minion, Inc., has no debt outstanding and a total market value of $308,100. Earnings before interest and taxes, EBIT, are projected to be $46,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 20 percent higher. If there is a recession, then EBIT will be 31 percent lower. The company is considering a $160,000 debt issue with an interest rate of 5 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,900 shares outstanding. The company has a tax rate of 24 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

Suppose you are giving the outcome returns of some assets under different scenarios. The probability for...

Suppose you are giving the outcome returns of some assets under different scenarios. The probability for the bearish, neutral and bullish market is 20%, 50% and 30%.

Asset

Bearish Market

Neutral Bullish Market
A -4.0% 0.0% 8.0%
B 8.0% 3.0% -7.0%
C -13.0% -2.0% 20.0%
D 6.0% 2.0% -1.0%
E 20.0% 10.0% 10.0%
Risk free Asset 0.5% 0.5% 0.5%

Please answer the following questions

Q1(1 point) What are the correlations between A and all other assets?

Q2 (1 point) How do you form MVP from asset A and B only (find the weights)?

Q3(1 point) What is the equation representing the efficient frontier for the above case in Q2?

Q4(1 point) How do you form the MVP based on asset A and C only, assuming short selling is allowed?

Q5(1 point) What is the equation representing the EF for the Q4 case?

Q6(1 point) What is the optimal RISKY market portfolio if asset A and D are the only two risky assets?

Q7(2 points) What is the optimal portfolio for an risk averse investor with A=200 is there are only asset A and D and risk free asset?

Q8(2 points) Assume the market portfolio has std of 3%, and the beta of asset A is 0.6, to what extend the expected return of asset A can be explained by singleindex model using the given market portfolio as the market index, and how much is the unsystematic risk based on this single-index model ?

In: Finance

Whenever I am attempting to write a simple program on C++ I get an error message...

Whenever I am attempting to write a simple program on C++ I get an error message that reads "cout was not declared in this scope". Literally every time. This has become frustrating because I have even written my code the exact same way as some of my classmates who got theirs to compile and run with no sign of this error at all, and yet min gives this answer. I will leave an example of a code where this error message appeared. Hopefully you can help. Thank you.

ex:

// Example program
#include <iostream>
#include <string>

int main()
{
double mass, velocity,energy;
cout<<"\n enter the objects weight";
cin>>mass;
cout<<"\n enter the objects velocity"
cin>>velocity;
energy=(1.0/2.0)*(mass*velocity)*2;
cout<<"\n mass = "<<mass<<"kg";
cout<<"\n velocity = "<<velocity<<"m/s";
cout<<"\n kinetic energy = "<<energy<<"kgm/s";
}

Here's the error message:

In function 'int main()': 8:1: error: 'cout' was not declared in this scope 8:1: note: suggested alternative: In file included from 2:0: /usr/include/c++/4.9/iostream:61:18: note: 'std::cout' extern ostream cout; /// Linked to standard output ^ 9:1: error: 'cin' was not declared in this scope 9:1: note: suggested alternative: In file included from 2:0: /usr/include/c++/4.9/iostream:60:18: note: 'std::cin' extern istream cin; /// Linked to standard input ^

In: Computer Science

How can I configure the button in this tip calculator to calculate the total using the...

How can I configure the button in this tip calculator to calculate the total using the entires for the bill and tip percentage? I'm using Visual Studio 2019 Xamarin.Forms

Main.Page.xaml

<?xml version="1.0" encoding="utf-8" ?>
<ContentPage xmlns="http://xamarin.com/schemas/2014/forms"
xmlns:x="http://schemas.microsoft.com/winfx/2009/xaml"
xmlns:d="http://xamarin.com/schemas/2014/forms/design"
xmlns:mc="http://schemas.openxmlformats.org/markup-compatibility/2006"
mc:Ignorable="d"
x:Class="Accomplish_2.MainPage"
BackgroundColor="Gray"
Padding="5">

<StackLayout>
<!-- Place new controls here -->
<Label Text="Tip Calculator"
HorizontalOptions="Center"
VerticalOptions="Center"
FontSize="Title"
FontAttributes="Bold"/>

<BoxView BackgroundColor="LightPink"
HeightRequest="3"></BoxView>
  
<Entry Placeholder="Bill Total"
Keyboard="Numeric"
x:Name="billTotal"></Entry>
  
<Entry Placeholder="Tip Percentage"
Keyboard="Numeric"
x:Name="tipPercent"></Entry>

<Button Text="Calculate"
Clicked="Button_Clicked"></Button>
  
</StackLayout>

</ContentPage>

Everything above should be good to go, I just can't figure out how to get some actual calculations done with the other page of my code.

Main.Page.xaml.cs

using System;
using System.Collections.Generic;
using System.ComponentModel;
using System.Linq;
using System.Text;
using System.Threading.Tasks;
using Xamarin.Forms;

namespace Accomplish_2
{
// Learn more about making custom code visible in the Xamarin.Forms previewer
// by visiting https://aka.ms/xamarinforms-previewer
[DesignTimeVisible(false)]
public partial class MainPage : ContentPage
{
public MainPage()
{
InitializeComponent();
}

private void Button_Clicked(object sender, EventArgs e)
{
???????? _______________________________________________?????????
}
}
}

In: Computer Science

Question 3 – Capital Investment Analysis The management team of Accent Group Limited have received a...

Question 3 – Capital Investment Analysis

The management team of Accent Group Limited have received a proposal from the manager of Hype DC. This proposal concerns a major upgrade to Hype DC's stores to improve the customer experience. Key details relating to this proposal include:

  • The initial cost will be $22 million. This cost will be depreciated using the straight line method over the 5 year life of the upgrade.
  • During year 1, the firm will increase marketing costs by $2.0 million to promote the store upgrades.
  • Over the five year life of the project, it is expected that the upgrade will increase the firm's sales by $18 million per year. On average, cost of sales is 45% of revenue.
  • The firm will need to higher additional staff over the life of the project to help to deal with the increased sale volume. In year 1, the firm's staffing costs will increase by $1.0 million. These costs will increase by 3.5% p.a.
  • The upgrade is expected to increase the firm's energy costs by $500,000 in year 1. This increase will be ongoing across the life of the project and will increase by 6% p.a.
  • Upgraded stores will include an old shoe recycling drop off zone. This recylcing program will cost $75,000 in year 1. These costs will increase by 2% p.a.
  • At the end of year 3, the firm will spend $1.5 million on a minor refurbishment to the stores.

The firm’s tax rate is 30%. The firm requires a 16% required rate of return on all potential investments.

Required

In relation to the above proposal:

  1. Calculate the annual after tax cash flows and annual after tax profit

(show with workings please)

In: Finance