Consider the following data:

for the airline industry for July 2018. ​(EV equals=enterprise value,

Book=equity book​ value). Suppose Alaska Air​ (ALK) has 124 million shares outstanding. Estimate Alaska​ Air's share value using each of the five valuation​ multiples, based on the median valuation multiple of the other seven airlines shown.

Calculate Alaska​ Air's share values using each of the five valuation multiples​ below:  ​(Round the median to two decimal places. Round the share price to the nearest cent. Round the EV and market cap to the nearest​ integer.)

You are managing a division of a large company. The marketing department submits a report to you about the demand for the product you manage. The report includes the following estimated demand​ function: Qd =2,910.0 -11.3 P + 0.050 INCOME- 3.0

(100.4​)    ​(3.2​)   ​(0.012​)               ​(1.0​)

where P is the price of your​ product, INCOME is average​ income, Upper P Subscript other is the price of a related​ product, and the numbers in parentheses are the standard errors of the estimated coefficients directly above them. The Upper R squared statistic for the regression is 0.84​ (84 percent).

Which of the following comments about the estimated demand function are​ true? ​(Check all that apply.​) A. It would be useful for forecasting the demand of the product as the Upper R squared statistic for the regression is high. B. It would not be useful for forecasting the demand of the product as the estimated coefficients are not statistically significant. C. It would be useful for forecasting the demand of the product as the estimated coefficients are statistically significant. D. It would not be useful for forecasting the demand of the product as the Upper R squared statistic for the regression is low.

The product is a _____good. The related product is a complement for your product because​

A. the estimated coefficient for income is positive and statistically significant B. the estimated coefficient for price of the good is negative and statistically significant C. the estimated coefficient for the intercept is positive and statistically significant D. the estimated coefficient for price of the related good is negative and statistically significant

Suppose the current price of your product is ​$180​, average income is ​$55​, and the price of the related product is ​$300. The quantity demanded will be _______. Based on the given information and your calculations in the previous​ step, the price elasticity of demand for your product will be _____ ​(Round your answer to three decimal places.​) If you raise the price of your​ product, the total revenue will ______.

Optimal Capital Structure with Hamada Beckman Engineering and Associates (BEA) is considering a change in its capital structure. BEA currently has $20 million in debt carrying a rate of 6%, and its stock price is $40 per share with 2 million shares outstanding. BEA is a zero growth firm and pays out all of its earnings as dividends. The firm's EBIT is $14.379 million, and it faces a 40% federal-plus-state tax rate. The market risk premium is 4%, and the risk-free rate is 5%. BEA is considering increasing its debt level to a capital structure with 35% debt, based on market values, and repurchasing shares with the extra money that it borrows. BEA will have to retire the old debt in order to issue new debt, and the rate on the new debt will be 8%. BEA has a beta of 1.0.

a. What is BEA's unlevered beta? Use market value D/S (which is the same as w_d/w_s) when unlevering. Do not round intermediate calculations. Round your answer to two decimal places.

0.87

b. What are BEA's new beta and cost of equity if it has 35% debt? Do not round intermediate calculations. Round your answers to two decimal places.

Beta: 1.15

Cost of Equity: 9.6

c. What are BEA’s WACC and total value of the firm with 35% debt? Do not round intermediate calculations. Round your answer to two decimal places.

%

d. What is the total value of the firm with 35% debt? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answer to three decimal places.

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.

(a) Complete the F-table. (Round your values for MS and F to two decimal places.)

(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 what? For each pairwise comparison.

(c)Which of the comparisons had significant differences? (Select all that apply.)

The null hypothesis of no difference should be retained because none of the pairwise comparisons demonstrate a significant difference.

Recall following no delay was significantly different from recall following a half second delay.

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.

You may need to use the appropriate table in Appendix B to answer this question.

Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows:     

Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows:

Required:
1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3.



2. If Blossom has only 40,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.)



3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3.



4. If Blossom has only 232,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.)

1) what does it mean if a psychological scientist runs an experiment and finds a statistically significant result? a) The likelihood of a Type I error is greater than 5% b) The likelihood that the result was due to chance is low enough to reject the null hypothesis c) The theory that the scientist was testing is proven

2) What decision must a psychological scientist make if an obtained p-value is greater than the adopted alpha? a) To accept the null hypothesis b) To reject the null hypothesis c) That there is a type I error

3) What does a psychological scientist conclude if an obtained p-value is less than the adopted alpha? a) The likelihood that the result was due to chance is too high to reject the null hypothesis b) The effect of the IV manipulation is statistically significant c) The likelihood of a type II error is greater than 5%

4) With all else being equal, what happens to the inferential stat. we calculate to determine whether 2 groups differ, as the difference between their means increases? a) the Pearson's r increases b) The t-score increase c) The variance decreases d) The sum of squares decrease

5) All else being equal, what happens to the inferential stat. we calculate to determine whether 2 groups differ, as the variance of each of the groups increases? a) The Pearson's r decreases b) The t-score decreases c) The mean increases d)The sum of squares increases

6) All else being equal, what happens to the p-value that corresponds with our inferential stat., as the difference between the means of two groups increases? a) it does not change b) It increases c) It decreases d) it approaches 1.0

PB10-1 Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5]

Ghost, Inc., has no debt outstanding and a total market value of $185,000. Earnings before interest and taxes, EBIT, are projected to be $29,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 30 percent higher. If there is a recession, then EBIT will be 40 percent lower. The company is considering a $65,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,400 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0 and the stock price remains constant.

// FILE: guess.cxx
// Demostrates a guessing game function that's used as a time analysis example.

#include <cassert> // Provides assert
#include <iostream> // Provides cout and cin
#include <cstdlib> // Provides EXIT_SUCCESS
using namespace std; // Allows all Standard Library items to be used

// Prototype for the function used in this demonstration program
void guess_game(int n);
// Precondition: n > 0.
// Postcondition: The user has been asked to think of a number between 1 and n.
// The function asks a series of questions, until the number is found.

int main( )
{
guess_game(100);
return EXIT_SUCCESS;
}

void guess_game(int n)
// Library facilities used: cassert, iostream
{
int guess;
char answer;

assert(n >= 1);

cout << "Think of a whole number from 1 to " << n << "." << endl;
answer = 'N';
for (guess = n; (guess > 0) && (answer != 'Y') && (answer != 'y'); --guess)
{
cout << "Is your number " << guess << "?" << endl;
cout << "Please answer Y or N, and press return: ";
cin >> answer;
}

if ((answer == 'Y') || (answer == 'y'))
cout << "I knew it all along." << endl;
else
cout << "I think you are cheating!" << endl;
}

1) The source code must be well structured and include relevant comments like on the top lines version, date, and a brief description of what the program does.

2) . As you make changes you can add one line description of the changes and change the version # or add a version #
like version 1.0 and 1.1

3) Write a short report (not to exceed 100 words) that describes the work done, the input, and output when executing the program.