Genetic vs. environment: Give example stories illustrating how environment and genetics affect development:
1. nature vs. nurture:
2. heritability:
3. gene-environment interaction:
4. epigenesis:
Individualist vs. collective societies: Tell stories that illustrate examples of: individualistic and collective societies comparing the 2 types of societies. Discuss pros and cons of each on childhood development.
1. individualistic societies:
2. collective societies:
3. Discuss pros and cons of each on childhood development:
In: Nursing
Please answer the following questions:
1- Summarize the Household Survey Data section of the news release (page #1-#2).
2- Summarize the Establishment Survey Data section of the new release (page #2-#3).
3- Is the downward trend in unemployment due to higher employment or higher amount of discouraged workers?
4- How do you think the new unemployment numbers may affect the national inflation rate?
Use the following link as the source:
https://www.bls.gov/news.release/pdf/empsit.pdf
In: Economics
Q6.13) Unary minuses can be added in several ways to the arithmetic expression grammar of Figure 6.17 or Figure 6.18. Revise the BNF and EBNF for each of the cases that follow so that it satisfies the stated rule:
expr → expr + term | term
term → term * factor | factor
factor → ( expr ) | number
number → number digit | digit
digit → 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
[Figure 6.17. Revised grammar for simple integer arithmetic expressions]
expr → term { + term }
term → factor { * factor }
factor → ( expr ) | number
number → digit { digit }
digit → 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9
[Figure 6.18 EBNF rules for simple integer arithmetic expressions]
(a) At most, one unary minus is allowed in each expression, and it must come at the beginning of an expression, so -2 + 3 is legal (and equals 1) and -2 + (-3) is legal, but -2 + -3 is not.
(b) At most, one unary minus is allowed before a number or left parenthesis, so -2 + -3 and -2 * -3 are legal, but --2 and -2 + --3 are not.
(c) Arbitrarily many unary minuses are allowed before numbers and left parentheses, so everything above is legal.
In: Computer Science
Please find a solution to the following:
Δu=0, 1<r<4, 0≤θ<2π
u(1,θ)=cos5*θ, 0<θ<2π
u(4,θ)=sin4*θ, 0<θ<2π
In: Advanced Math
In: Advanced Math
Use the method of cylindrical shells to find the volume generated by rotating the region bounded by the given curve about the specified axis.
1.y=sqrt(x-1) y=0 x=5;
about the line y=3
2. y=5, y=x+4/x ;
about the line x=-1
In: Math
Parker Products manufactures a variety of household products. The company is considering introducing a new detergent. The company’s CFO has collected the following information about the proposed product.
The project has an anticipated economic life of 4 years. The company will have to purchase a new machine to produce the detergent. The machine has an up-front cost (t = 0) of $2 million. The machine will be depreciated on a straight-line basis over 4 years. The company anticipates that the machine will last for four years, and that after four years, its salvage value will equal zero. If the company goes ahead with the proposed product, it will have an effect on the company’s net operating working capital. At the outset, t = 0, inventory will increase by $140,000 and accounts payable will increase by $40,000. At t = 4, the net operating working capital will be recovered after the project is completed. The detergent is expected to generate sales revenue of $1 million the first year (t = 1), $2 million the second year (t = 2), $2 million the third year (t = 3), and $1 million the final year (t = 4). Each year the operating costs (not including depreciation) are expected to equal 50 percent of sales revenue. The project will not increase fixed costs of the company. The company’s overall WACC is 10 percent. However, the proposed project is riskier than the average project for Parker; the project’s WACC is estimated to be 12 percent. The company’s tax rate is 40 percent
Please calculate NPV and IRR of the proposed project and help the company decide whether the company should accept it or not?
In: Finance
Tombro Industries is in the process of automating one of its plants and developing a flexible manufacturing system. The company is finding it necessary to make many changes in operating procedures. Progress has been slow, particularly in trying to develop new performance measures for the factory.
In an effort to evaluate performance and determine where improvements can be made, management has gathered the following data relating to activities over the last four months:
|
Month |
||||||||
| 1 | 2 | 3 | 4 | |||||
| Quality control measures: | ||||||||
| Number of defects | 195 | 173 | 134 | 95 | ||||
| Number of warranty claims | 56 | 49 | 40 | 37 | ||||
| Number of customer complaints | 112 | 106 | 89 | 68 | ||||
| Material control measures: | ||||||||
| Purchase order lead time | 10 days | 9 days | 7 days | 5 days | ||||
| Scrap as a percent of total cost | 2 | % | 2 | % | 3 | % | 6 | % |
| Machine performance measures: | ||||||||
| Machine downtime as a percentage of availability | 3 | % | 4 | % | 4 | % | 6 | % |
| Use as a percentage of availability | 95 | % | 92 | % | 89 | % | 85 | % |
| Setup time (hours) | 10 | 12 | 13 | 14 | ||||
| Delivery performance measures: | ||||||||
| Throughput time | ? | ? | ? | ? | ||||
| Manufacturing cycle efficiency (MCE) | ? | ? | ? | ? | ||||
| Delivery cycle time | ? | ? | ? | ? | ||||
| Percentage of on-time deliveries | 96 | % | 95 | % | 92 | % | 89 | % |
The president has read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how they are computed. You have been asked to assist the company, and you have gathered the following data relating to these measures:
|
Average per Month (in days) |
||||
| 1 | 2 | 3 | 4 | |
| Wait time per order before start of production | 9.0 | 10.8 | 12.0 | 14.0 |
| Inspection time per unit | 0.8 | 0.7 | 0.7 | 0.7 |
| Process time per unit | 2.8 | 2.7 | 2.6 | 1.1 |
| Queue time per unit | 4.1 | 4.4 | 6.3 | 8.6 |
| Move time per unit | 0.3 | 0.4 | 0.4 | 0.6 |
|
month 1 month 2 month 3 month 4 3-a. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)
throughtime ? MCE ? 3-b. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE.. (Round your answers to 1 decimal place.) throughout time? MCE? |
||||
In: Operations Management
| Capital Budgeting Decisions | Instructor: | |||||||||
| FINC 33100 | ||||||||||
| Learning Objectives | ||||||||||
| 1. Understand how to use EXCEL Spreadsheet | ||||||||||
| (a) Develop proforma Income Statement Using Excel Spreadsheet | ||||||||||
| (b) Compute Net Project Cashflows, NPV, and IRR | ||||||||||
| (c) Develop problem-solving and critical thinking skills | ||||||||||
| and make long-term investment decisions | ||||||||||
| 1) Life Period of the Equipment = 4 years | 8) Sales for first year (1) | $ 200,000 | ||||||||
| 2) New equipment cost | $(200,000) | 9) Sales increase per year | 5% | |||||||
| 3) Equipment ship & install cost | $ (35,000) | 10) Operating cost (60% of Sales) | $ (120,000) | |||||||
| 4) Related start up cost | $ (5,000) | (as a percent of sales in Year 1) | -60% | |||||||
| 5) Inventory increase | $ 25,000 | 11) Depreciation | Use 3-yr MACRIS | |||||||
| 6) Accounts Payable increase | $ 5,000 | 12) Marginal Corporate Tax Rate (T) | 21% | |||||||
| 7) Equip. salvage value before tax | $ 15,000 | 13) Cost of Capital (Discount Rate) | 10% | |||||||
| ESTIMATING Initial Outlay (Cash Flow, CFo, T= 0) | ||||||||||
| CF0 | CF1 | CF2 | CF3 | CF4 | ||||||
| Year | 0 | 1 | 2 | 3 | 4 | |||||
| Investments: | ||||||||||
| 1) Equipment cost | ||||||||||
| 2) Shipping and Install cost | ||||||||||
| 3) Start up expenses | ||||||||||
| Total Basis Cost (1+2+3) | ||||||||||
| 4) Net Working Capital | ||||||||||
| Total Initial Outlay | ||||||||||
| Operations: | ||||||||||
| Revenue | ||||||||||
| Operating Cost | ||||||||||
| Depreciation | ||||||||||
| EBIT | ||||||||||
| Taxes | ||||||||||
| Net Income | ||||||||||
| Add back Depreciation | ||||||||||
| Total Operating Cash Flow | XXXXX | XXXXX | XXXXX | XXXXX | ||||||
| Terminal: | ||||||||||
| 1) Change in net WC | $ - | $ - | $ - | $ 20,000 | ||||||
| 2) Salvage value (after tax) | Salvage Value Before Tax (1-T) | XXXXX | ||||||||
| Total | XXXXX | |||||||||
| Project Net Cash Flows | $ - | $ - | $ - | $ - | $ | |||||
| NPV = | IRR = | Payback= | ||||||||
| Profitability Index = | Discounted Payback = | |||||||||
| Q#1 | Would you accept the project based on NPV, IRR? | |||||||||
| Would you accept the project based on Payback rule if project cut-off | ||||||||||
| is 3 years? | ||||||||||
| Q#2 Impact of 2017 Tax Cut Act on Net Income, Cash Flows and | ||||||||||
| Capital Budgeting (Investment ) Decisions | ||||||||||
| (a) | Estimate NPV, IRR and Payback Period of the project if equipment is fully | |||||||||
| depreciated in first year and tax rate equals to 21%. Would you | ||||||||||
| accept or reject the project? | ||||||||||
| ( b) | As a CFO of the firm, which of the above two scenario (a) or (b) | |||||||||
| would you choose? Why? | ||||||||||
| Q#3 How would you explain to your CEO what NPV means? | ||||||||||
| Q#4 What are advantages and disadvantages of using only Payback method? | ||||||||||
| Q#5 What are advantages and disadvantages of using NPV versus IRR? | ||||||||||
| Q#6 Explain the difference between independent projects and mutually exclusive projects. | ||||||||||
| When you are confronted with Mutually Exclusive Projects and have coflicts | ||||||||||
| with NPV and IRR results, which criterion would you use (NPV or IRR) and why? | ||||||||||
In: Finance
| 1. Understand how to use EXCEL Spreadsheet | |||||||
| (a) Develop proforma Income Statement Using Excel Spreadsheet | |||||||
| (b) Compute Net Project Cashflows, NPV, and IRR | |||||||
| (c) Develop problem-solving and critical thinking skills | |||||||
| and make long-term investment decisions | |||||||
| 1) Life Period of the Equipment = 4 years | 8) Sales for first year (1) | $200,000 | |||||
| 2) New equipment cost | $(200,000) | 9) Sales increase per year | 5% | ||||
| 3) Equipment ship & install cost | $(35,000) | 10) Operating cost (60% of Sales) | $(120,000) | ||||
| 4) Related start up cost | $(5,000) | (as a percent of sales in Year 1) | -60% | ||||
| 5) Inventory increase | $25,000 | 11) Depreciation (Straight Line)/YR | $(60,000) | ||||
| 6) Accounts Payable increase | $5,000 | 12) Marginal Corporate Tax Rate (T) | 21% | ||||
| 7) Equip. salvage value before tax | $15,000 | 13) Cost of Capital (Discount Rate) | 10% | ||||
| ESTIMATING Initial Outlay (Cash Flow, CFo, T= 0) | |||||||
| CF0 | CF1 | CF2 | CF3 | CF4 | |||
| Year | 0 | 1 | 2 | 3 | 4 | ||
| Investments: | |||||||
| 1) Equipment cost | |||||||
| 2) Shipping and Install cost | |||||||
| 3) Start up expenses | |||||||
| Total Basis Cost (1+2+3) | |||||||
| 4) Net Working Capital | |||||||
| Total Initial Outlay | |||||||
| Operations: | |||||||
| Revenue | |||||||
| Operating Cost | |||||||
| Depreciation | |||||||
| EBIT | |||||||
| Taxes | |||||||
| Net Income | |||||||
| Add back Depreciation | |||||||
| Total Operating Cash Flow | XXXXX | XXXXX | XXXXX | XXXXX | |||
| Terminal: | |||||||
| 1) Change in net WC | $- | $- | $- | $20,000 | |||
| 2) Salvage value (after tax) | Salvage Value Before Tax (1-T) | XXXXX | |||||
| Total | XXXXX | ||||||
| Project Net Cash Flows | $- | $- | $- | $- | $ | ||
| NPV = | IRR = | Payback= | |||||
| Q#1 | Would you accept the project based on NPV, IRR? | ||||||
| Would you accept the project based on Payback rule if project cut-off | |||||||
| is 3 years? | |||||||
| Q#2 Impact of 2017 Tax Cut Act on Net Income, Cash Flows and | |||||||
| Capital Budgeting (Investment ) Decisions | |||||||
| (a) | Estimate NPV, IRR and Payback Period of the project if equipment is fully | ||||||
| depreciated in first year and tax rate equals to 21%. Would you | |||||||
| accept or reject the project? | |||||||
| ( b) | As a CFO of the firm, which of the above two scenario (a) or (b) | ||||||
| would you choose? Why? | |||||||
| Q#3 How would you explain to your CEO what NPV means? | |||||||
| Q#4 What are advantages and disadvantages of using only Payback method? | |||||||
| Q#5 What are advantages and disadvantages of using NPV versus IRR? | |||||||
| Q#6 Explain the difference between independent projects and mutually exclusive projects. | |||||||
| When you are confronted with Mutually Exclusive Projects and have coflicts | |||||||
|
with NPV and IRR results, which criterion would you use (NPV or IRR) and why? *****SHOW WORK PLEASE !!!! |
|||||||
In: Accounting