Consider a startup that has developed an innovative solution based on new technology that it is the basis for a new venture that it has launched. Suppose the startup is quickly acquired by an industry incumbent not long after launching the venture. What type of innovation does the new venture most likely have under Clayton Christensen's theory of disruptive innovation? Explain.

Suppose that a company's equity is currently selling for $24.50 per share and that there are 3.2 million shares outstanding and 12 thousand bonds outstanding, which are selling at 93 percent of par. If the firm was considering an active change to their capital structure so that the firm would have a D/E of 0.5, which type of security (stocks or bonds) would they need to sell to accomplish this, and how much would they have to sell? (Round your intermediate ratio to 4 decimal places.)

• $16,362,080 in new equity

• $16,362,080 in new debt

• $18,691,172 in new debt

• $18,691,172 in new equity

1. The Double Indemnity Insurance Company offers an insurance policy to New York visitors. The term of the policy is for one week and covers the insured against financial losses suffered by being mugged. About 10% of the visitors to New York are mugged within any week period. If the visitor is mugged by a professional, losses totaling $2,000 will occur. If the visitor is mugged by an amateur, losses amounting to $500 will result. Sixty percent of the muggings in New York are performed by professionals. The new policy has a $50 deductible clause in it. If the premium is $200 for this policy, what is the expected profit to Double Indemnity?

How would you design a cache coherence with only MS, not MSI. How do you manage the new protocol?

Draw the new MS protocol. For each state, show all the relevant transitions.

In the new MSI protocol, when does a memory read occur? Specify the bus transaction, the requestor's start and end states, and the states of the other caches if relevant.

In the new MSI protocol, when does a memory write occur? Specify the bus transaction and the requestor's start and end states. Specify any other scenario where a memory write occurs.

If you started with an acetic acid solution of 2.0 mL of 0.84M Acetic acid and shifted it with 0.2mL of 0.01M HCl (4 drops), what is the new pH?.

Ka of acetic acid = 1.8 x 10^-50.3

Start by finding the equilibrium concentrations of the acetic acid solution. Calculate the Ph based on this initial concentration (initial Ph).  

Calculate the moles of everything (compounds in the equilibrium AND the acid). Shift the equilibrium with the strong acid. Calculate the new molarities (new volume!). Now, re-establish the equilibrium and calculate the new Ph.

The Ajax Company just bought a new machine that makes boots. In a random sample of forty boots produced by the new machine, they find that the mean weight is 1550 grams with a standard deviation of 210 grams. Their old machine produced boots with a true mean weight of 1450 grams. (Answer all 4 parts)

Find a 95% confidence interval for the true mean weight using the new machine. Interpret the confidence interval in context.

Find the error bound of the above interval.

Is there evidence that the true mean weight for the new machine is different than that of the old machine? Justify!

The Federal Aviation Administration is a government agency that is in charge of air traffic control. All of the capital equipment (radar, etc.) used by air traffic controllers is purchased through appropriations from Congress. When Apple Corporation purchases new capital equipment, the decision is made by owners and managers that believe the firm can get a return on investment from the new capital because the new capital can be used to produce new and improved goods for Apple customers.

Which entity is likely to have more outdated and rundown capital? Why? Explain in detail.

Niekro Movie Theaters plans to buy projection equipment costing $880,000. In connection with this transaction, old equipment having a book value of $140,000 will be sold for $210,000. Annual cash flow returns from this new investment are estimated at $370,000 before taxes. Depreciation on the new equipment will be $88,000 each year for the next 10 years. No salvage value is expected on this new equipment. No further depreciation can be taken on the old equipment that will be sold. The income tax rate is 30 percent.

Using a discount rate of 20 percent, compute the NPV of the new investment: $ ______________

Suppose that you are thinking about buying a car and have narrowed down your choices to two options.

The new car option: the new car costs $26,000 and can be financed with a four-year loan at 7.54%.

The used car option: a three-year old model of the same car costs $14,000 and can be financed with a three-year loan at 7.07%.

What is the difference in monthly payments between financing the new car and financing the used car? Use PMT formula

The difference in monthly payments between financing the new car and financing the used car is $____.

Suppose the market for bottled water is competitive and is characterized by the following demand and supply conditions. The inverse demand and supply curves are depicted below.

Demand: Q^D = 400 – 100 P

Supply:    Q^S = 280 + 20 P (for P > 0)

Suppose in anticipation of an approaching hurricane, demand rises to Q^D = 800 – 100 P. What will happen in the market, including welfare effects, as measured by consumer and producer surplus?