Capital Rationing Decision Involving Four Proposals
Kopecky Industries Inc. is considering allocating a limited amount of capital investment funds among four proposals. The amount of proposed investment, estimated income from operations, and net cash flow for each proposal are as follows:
Investment |
Year |
Income from Operations |
Net Cash Flows |
||||||||||
| Proposal Sierra: | $850,000 | 1 | $ 80,000 | $ 250,000 | |||||||||
| 2 | 80,000 | 250,000 | |||||||||||
| 3 | 80,000 | 250,000 | |||||||||||
| 4 | 30,000 | 200,000 | |||||||||||
| 5 | (70,000) | 100,000 | |||||||||||
| $200,000 | $ 1,050,000 | ||||||||||||
| Proposal Tango: | $1,200,000 | 1 | $320,000 | $ 560,000 | |||||||||
| 2 | 320,000 | 540,000 | |||||||||||
| 3 | 160,000 | 400,000 | |||||||||||
| 4 | 60,000 | 300,000 | |||||||||||
| 5 | (40,000) | 220,000 | |||||||||||
| $820,000 | $2,020,000 | ||||||||||||
| Proposal Uniform: | $550,000 | 1 | $ 90,000 | $ 200,000 | |||||||||
| 2 | 90,000 | 200,000 | |||||||||||
| 3 | 90,000 | 200,000 | |||||||||||
| 4 | 90,000 | 200,000 | |||||||||||
| 5 | 70,000 | 180,000 | |||||||||||
| $430,000 | $ 980,000 | ||||||||||||
| Proposal Victor: | $380,000 | 1 | $44,000 | $ 120,000 | |||||||||
| 2 | 44,000 | 120,000 | |||||||||||
| 3 | 44,000 | 120,000 | |||||||||||
| 4 | 4,000 | 80,000 | |||||||||||
| 5 | 4,000 | 80,000 | |||||||||||
| $140,000 | $ 520,000 | ||||||||||||
The company's capital rationing policy requires a maximum cash payback period of three years. In addition, a minimum average rate of return of 12% is required on all projects. If the preceding standards are met, the net present value method and present value indexes are used to rank the remaining proposals.
| Present Value of $1 at Compound Interest | |||||
| Year | 6% | 10% | 12% | 15% | 20% |
| 1 | 0.943 | 0.909 | 0.893 | 0.870 | 0.833 |
| 2 | 0.890 | 0.826 | 0.797 | 0.756 | 0.694 |
| 3 | 0.840 | 0.751 | 0.712 | 0.658 | 0.579 |
| 4 | 0.792 | 0.683 | 0.636 | 0.572 | 0.482 |
| 5 | 0.747 | 0.621 | 0.567 | 0.497 | 0.402 |
| 6 | 0.705 | 0.564 | 0.507 | 0.432 | 0.335 |
| 7 | 0.665 | 0.513 | 0.452 | 0.376 | 0.279 |
| 8 | 0.627 | 0.467 | 0.404 | 0.327 | 0.233 |
| 9 | 0.592 | 0.424 | 0.361 | 0.284 | 0.194 |
| 10 | 0.558 | 0.386 | 0.322 | 0.247 | 0.162 |
Required:
1. Compute the cash payback period for each of the four proposals. Assume that net cash flows are uniform throughout the year.
| Cash Payback Period | |
| Proposal Sierra | 3 years 6 months |
| Proposal Tango | 2 years 3 months |
| Proposal Uniform | 2 years 9 months |
| Proposal Victor | 3 years 8 months |
2. Giving effect to straight-line depreciation on the investments and assuming no estimated residual value, compute the average rate of return for each of the four proposals. Round to one decimal place.
| Average Rate of Return | |
| Proposal Sierra | % |
| Proposal Tango | % |
| Proposal Uniform | % |
| Proposal Victor | % |
3. Using the results from parts (1) and (2) determine which proposals should be accepted for further analysis and which should be rejected.
| Accept / Reject | |
| Proposal Sierra | Reject |
| Proposal Tango | Accept for further analysis |
| Proposal Uniform | Accept for further analysis |
| Proposal Victor | Reject |
4. For the proposals accepted for further analysis in part (3), compute the net present value. Use a rate of 12% and the present value of $1 table above. If required, use the minus sign to indicate a negative net present value.
| Select the proposal accepted for further analysis. | Proposal Sierra | Proposal Uniform |
| Present value of net cash flow total | $ | $ |
| Amount to be invested | ||
| Net present value | $ | $ |
5. Compute the present value index for each of the proposals in part (4). Round to two decimal places.
| Select the proposal to compute present value index. | Proposal Sierra | Proposal Uniform |
| Present value index (rounded) |
In: Accounting
Sam is writing a research paper for his graduation. On his draft of the paper, there are an average of 5 typos on each page. Assume each typo is independent.
a) Let Y to be the number of typos in Chapter 1, which is 4 full pages in length. What is the probability that there are 18 typos in the first chapter? What is the distribution, parameter(s), and support of Y?
b) What is the probability that Sam has 18 to 20 typos (inclusive) in the draft of Chapter 1?
c) What is the expected value and variance of Y?
d) What is the probability that Sam has 10 typos in Chapter 1 and 10 typos in Chapter 8 (which is 5 pages)?
e) It turns out that the first 4 chapters have the same number of pages (4 pages), what is the probability that Sam has 18 to 20 typos (inclusive) in 2 of the 4 chapters of his draft?
In: Statistics and Probability
Abreviated statement of financial position
. Assets 2017 2016
Non current /fixed 4 200 000 3 000 000
Inventory 4 00 000 600 000
Receivables 1 550 000 1 200 000
Cash 600 000 300 000
total 6750 000 5 100 000
Equity and Liabilities
Share Capital (R2 per shares) 4 2 00 000 4 000 000
Retained in come 600 000 300 000
Long term debt 250 000 200 000
Payables 1 700 000 6 00 000
6 750 000 5 100 000
calculate the account period (days) , noting that Newtech ltd has after tough negotiation secured 90 day account with all creditors.calculate the return on equity.
Calculte the invetory turnover
In: Finance
A) Many test cases.
For each case, the first line is the number N that indicates the amount of the students in the database.
Next to several N lines are the information of each student, include student ID, name, gender, and age.
And then will receive a number M that indicates there will be M search.
For each search line is an ID number, you need to compare to the database if there is any student with that ID. If yes, print ID, name, gender, and age of this student (if the ID is repeated, just print the previous one); if not, print "No Answer!".
You need to do this question by defining the data structure otherwise you can't real get the points.
Note: need can accept Chinese word! (take care of your array size)
Sample Input
4
1 Anna G 22
2 Teddy B 19
3 Joseph B 21
4 Rita G 22
2
1
5
2
20 阿王 男 16
23 阿美 女 15
1
23
Sample Output
1 Anna G 22
No Answer!
23 阿美 女 15
B)
Use stack to implement postfix arithmetic operation.
Input
Many test cases until EOF.
Each line is a postfix arithmetic operation formula.
There is no blank between the numbers, and the number only is 0-9.
Output
The result of each line.
But if the postfix arithmetic operation formula is wrong (it means you can't get the correct answer), please output "Input Error".
Sample Input
35+
3+5
63/14-*3+8-
Sample Output
8
Input Error
-11
C) There are several block stacks. The number of blocks for each stack may not be same, so your task is to move the block to let them be the same and calculate the minimum moves.
Example,
1 2 3
move stack 3 one block to the stack 1, so it will be:
2 2 2
Input
Many test cases.
For each case, first line is the number N(N<=50) of block stacks.
Next several N numbers are the number of blocks for each stack.
When N=0, the test is end.
Output
The case number and the minimum moves of each case. All the test are legal.
Sample Input
5
1 2 3 4 5
3
9 4 2
0
Sample Output
Set #1
The minimum number of moves is 3.
Set #2
The minimum number of moves is 4.
D)
Naming is important in the code. We always choose the relational vocabulary to name a variable. When we have two or more vocabularies to name, we are used to let the first letter of each vocabulary to be capitalized and connect all the vocabulary.
Take example, room number => RoomNuber sky color => SkyColor
Input
Many test cases until EOF.
Each line is many vocabularies.
Output
Naming result of each vocabulary.
Sample Input
aaaa bbbb cccc
ABCD BCDF FGHRTH
Sample Output
AaaaBbbbCccc
AbcdBcdfFghrth
| Programming language: | C++ |
In: Computer Science
One of the leading arguments for the power of a capitalistic based economy is that regarding the distinct advantage competition brings to all of the stakeholders in an economy. The premise of competitive markets is the outcome of improved quality and lower prices, or value. Individual firms react (behave) to the market dynamics and competitive forces accordingly. In order for this to occur, the market needs to be constructed in a way that there are many buyers and sellers. At the same time, each firm is trying to maximize their profit by making decisions regarding their supply of a product or service based on the opposite reaction of the demand from the buyers.
From the background above, answer the following questions on a separate word document based on the following scenario:
The market for a hamburger in Trempealeau, Wisconsin has the following structure:
|
Price $ |
Qty. demanded |
|
1 |
1,200 |
|
2 |
1,100 |
|
3 |
1,000 |
|
4 |
900 |
|
5 |
800 |
|
6 |
700 |
|
7 |
600 |
|
8 |
500 |
|
9 |
400 |
|
10 |
300 |
|
11 |
200 |
|
12 |
100 |
|
13 |
0 |
Each producer in the market has fixed costs of $9 and the following marginal cost:
|
Qty. |
Marginal Cost $ |
|
1 |
2 |
|
2 |
4 |
|
3 |
6 |
|
4 |
8 |
|
5 |
10 |
|
6 |
12 |
1. Compute each producer’s total cost and average total cost for 1 to 6 hamburgers (5 pts)
2. The price of a hamburger is now $11. How many hamburgers are sold? How many producers are there? How much profit does each producer earn? (5 pts)
3. Is the situation described in question 1 a long-run equilibrium? Why or why not? (5 pts)
4. Suppose that in the long run there is free entry and exit. How much profit does each producer earn in the long-run equilibrium? What is the market price and number of hamburgers each producer makes? How many hamburgers are sold? How many hamburger producers are operating?
In: Economics
Sleep deprivation, CA vs. OR. For a recent report on sleep deprivation, the Centers for Disease Control and Prevention interviewed 11505 residents of California and 4938 residents of Oregon. In California, 920 respondents reported getting insufficient rest or sleep during each of the preceding 30 days, while 439 of the respondents from Oregon reported the same. Round each calculation to 4 decimal places.
1. Using California as population 1 and Oregon as population 2,
what are the correct hypotheses for conducting a hypothesis test to
determine if these data provide strong evidence the rate of sleep
deprivation is different for the two states?
A. ?0:?1−?2=0H0:p1−p2=0,
??:?1−?2>0HA:p1−p2>0
B. ?0:?1−?2=0H0:p1−p2=0,
??:?1−?2<0HA:p1−p2<0
C. ?0:?1−?2=0H0:p1−p2=0, ??:?1−?2≠0HA:p1−p2≠0
2. Calculate the pooled estimate of the proportion for this test. ?̂p^ =
3. Calculate the standard error. SE =
4. Calculate the test statistic for this hypothesis test. ? z t X^2 F =
5. Calculate the p-value for this hypothesis test. p-value =
6. Based on the p-value, we have:
A. little evidence
B. extremely strong evidence
C. some evidence
D. very strong evidence
E. strong evidence
that the null model is not a good fit for our observed data.
Calculate the test statistic for this hypothesis test. = 5. Calculate the p-value for this hypothesis test. p-value = 6. Based on the p-value, we have: A. little evidence B. extremely strong evidence C. some evidence D. very strong evidence E. strong evidence that the null model is not a good fit for our observed data.
In: Statistics and Probability
The major advantage of using structs is to make the C++ code simpler, easier to read, and easier to work with. After completing this assignment, students will be able to: • use structs to create and/or introduce new custom data types • implement structs to group fixed numbers of pieces of data of different types • implement structs within structs • chaining using the dot operators to access nested fields • copy an entire structure • create an array of a structured data type • combine structs and arrays with one another Task Description: A Decoration Store Manager wants you to create a program to keep track some of the best-selling items. You are given 4 files: Furnitire.txt, Art.txt, Fabric.txt, and Book.txt. Your task is to create an array of structs for each file to hold the entries. The first line of each file will be a number indicating how many entries are in the file. Furnitire.txt 1. Name 2. Color 3. Amount of Inventory 4. Date Created (month:day:year) 5. Price Art.txt 1. Name 2. Price 3. Amount of Inventory 4. Date Created (month:day:year) 5. Dimensions of Art (height:width:depth) Fabric.txt 1. Name 2. Color 3. Amount of Inventory 4. Price Book.txt 1. Name 2. Hardcover? (1 for yes 0 for no) 3. Amount of Pages 4. Price 5. Amount of Inventory 6. Date Published (month:day:year) Write a C++ program to help the Decoration Store Manager. Create four arrays of structs named Furniture, Art, Fabric, and Book. The size of the array should be read in from the file. Structs should be created to hold the variables that won’t fit a standard data type. The main() function of your program should be very simple. The main function should be a collection of variables declaration and functions call. You will need to use four different functions to read the data from the four files. You can add more functions if you want. You are to give the user the ability to print out each section’s records (Furniture, Art, Fabric, and Book). Do NOT use global variables.
These are the files given:
1) Art.txt
12 WaterColorPainting 25.95 20 07:02:2015 20:20:1 AcrylicPainting 10.22 89 06:15:2014 12:14:1 Photo 2.50 4 06:25:2017 10:10:1 LatexPainting 22.49 11 08:29:2015 18:13:1 PencilDrawing 5.25 56 05:01:2010 12:10:1 ClaySculpture 20.25 16 04:19:2011 12:12:3 GlassSculpture 15.40 40 09:05:2002 4:18:15 PlasticSculpture 2.96 22 05:20:2010 10:10:10 WoodenSculpture 27.89 9 03:11:2016 14:12:4 MetalSculpture 14.65 1 06:24:2013 18:15:7 ConcreteSculpture 3.69 0 03:29:2016 19:28:4 MarbleSculpture 29.99 16 06:15:2013 13:20:7
2) Book.txt
16 PrideandPrejudice 1 209 10.99 10 04:01:2010 ToKillaMockingbird 0 276 10.99 3 03:10:2013 TheGreatGatsby 1 257 7.99 3 06:21:2000 JaneEyre 1 294 10.99 8 06:01:2005 TheCatcherintheRye 1 171 10.99 2 07:06:2006 LittleWomen 0 354 10.99 3 02:26:2008 HuckleberryFin 1 269 7.99 2 02:27:2015 MobyDick 0 278 10.99 1 07:13:2012 AliceinWonderland 1 494 10.99 7 08:17:2015 LordoftheFlies 1 133 10.99 1 06:06:2016 AnimalFarm 1 119 7.99 5 03:22:2015 GreatExpectations 0 287 10.99 9 06:13:2013 1984 0 275 10.99 8 04:14:2017 GreatExpectations 1 360 10.99 7 07:23:2016 Frakenstein 0 146 10.99 3 03:20:2010 TheScarletLetter 1 248 10.99 5 02:28:2014
3) Fabric.txt
10 WoolRug white 10 24.20 NaturalFiberRug red 21 18.65 Drapes brown 15 10.60 DoorMat green 50 21.20 TableMat red 60 5.95 CottonRug white 10 14.26 SyntheticRug blue 15 18.10 PlaceMat brown 26 2.55 ClothNapkins white 18 3.05 Curtains grey 28 12.32
4)
14 Table brown 10 01:16:2000 100.00 Chair black 20 05:14:2006 25.20 Couch brown 5 10:21:2015 325.50 LoveSeat yellow 3 09:08:2011 145.70 RockingChair red 15 06:03:2013 45.60 Desk brown 5 11:10:2004 50.00 Lamp blue 8 12:06:2014 10.95 Light grey 10 06:12:2003 11.00 Bed red 7 07:18:2006 150.00 HighChair white 11 08:22:2007 25.60 FootRest brown 5 08:23:2015 15.95 CoffeeTable white 0 06:25:2016 57.10 BedsideTable black 2 04:23:2015 45.23 Stool brown 25 08:26:2014 20.00
In: Electrical Engineering
Find the cubic equation:
f(x) = ax^3+bx^2+cx+d
for which f(-1)=3, f(1)=1, f(2)=6, and f(3)=7.
Find the value of a, b, c, and d
In: Math
HW 20. Due November 1. In this assignment, we will see an example of an integral domain that has elements that can be factored as a product of irreducible elements, but that factorization is not unique. Let R denote the set of all complex numbers a + b √ 5i, where a, b ∈ Z. Let N be the norm on R defined by N(a + b √ 5i) = a 2 + 5b 2 . As before N(z1z2) = N(z1)N(z2), for all z1, z2 ∈ R. (In fact, this holds for all complex numbers if, for z = c + di ∈ C we define N(z) = c 2 + d 2 .) (i) Show that R is an integral domain. (ii) Show that the only units in R are ±1. (iii) Use the norm to prove that 2, 3, 1 + √ 5i, 1 − √ 5i are irreducible elements in R. (iv) Conclude that 6 = 2 · 3 = (1 + √ 5i) · (1 − √ 5i) are two distinct factorizations of 4 into a product of irreducible elements.
In: Advanced Math
1. Your cells can break down fats using fermentation or cellular
respiration.Group of answer choices True or False
2. What process is occurring in the germinating pea seeds?Group of
answer choices
cellular respiration
photosynthesis
3. After a mature pea plant flowers and is fertilized, it makes new seeds for the next generation. 1) What process would the mature pea plant use to produce the food it stores in the seeds? 2) How does it convert the food to the starch that is visible in the seeds?
Group of answer choices
1. cellular respiration 2. hydrolysis
1. cellular respiration 2. condensation (dehydration)
1. photosynthesis 2. hydrolysis
1. photosynthesis 2. condensation (dehydration)
4. Why were dry, non-germinating peas included in the pea experiment?
Group of answer choices
They were the experimental variable
They were the controlled variable
They were the control group
They were the experimental group
In: Biology