Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $4.03 million in assets, manufactures a special testing device. At the beginning of the current year, Forbes invested $5.06 million in automated equipment for test machine assembly. The division’s expected income statement at the beginning of the year was as follows.

A sales representative from LSI Machine Company approached Oscar in October. LSI has for $6.27 million a new assembly machine that offers significant improvements over the equipment Oscar bought at the beginning of the year. The new equipment would expand division output by 10 percent while reducing cash fixed costs by 5 percent. It would be depreciated for accounting purposes over a three-year life. Depreciation would be net of the $639,000 salvage value of the new machine. The new equipment meets Pitt's 12 percent cost of capital criterion. If Oscar purchases the new machine, it must be installed prior to the end of the year. For practical purposes, though, Oscar can ignore depreciation on the new machine because it will not go into operation until the start of the next year.

The old machine, which has no salvage value, must be disposed of to make room for the new machine.

Pitt has a performance evaluation and bonus plan based on residual income. Pitt uses a cost of capital of 12 percent in computing residual income. Income includes any losses on disposal of equipment. Investment is computed based on the end-of-year balance of assets, net book value. Ignore taxes.

Required:

a. What is Forbes Division’s residual income if Oscar does not acquire the new machine?

b. What is Forbes Division’s residual income this year if Oscar acquires the new machine?

c. If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year?

(Enter your answers in thousands of dollars. Negative amounts should be indicated by a minus sign. Round your answers to the nearest whole dollars)

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $4.5 million in assets, manufactures a special testing device. At the beginning of the current year, Forbes invested $3.5 million in automated equipment for test machine assembly. The division's expected income statement at the beginning of the year was as follows.

A sales representative from LSI Machine Company approached Oscar in October. LSI has for $6.5 million a new assembly machine that offers significant improvements over the equipment Oscar bought at the beginning of the year. The new equipment would expand division output by 10 percent while reducing cash fixed costs by 5 percent. It would be depreciated for accounting purposes over a 3-year life. Depreciation would be net of the $500,000 salvage value of the new machine. The new equipment meets Pitt's 20 percent cost of capital criterion. If Oscar purchases the new machine, it must be installed prior to the end of the year. For practical purposes, though, Oscar can ignore depreciation on the new machine because it will not go into operation until the start of the next year.

The old machine, which has no salvage value, must be disposed of to make room for the new machine.

Pitt has a performance evaluation and bonus plan based on ROI. The return includes any losses on disposal of equipment. Investment is computed based on the end-of-year balance of assets, net book value. Ignore taxes.

Required:

a. What is Forbes Division's ROI if Oscar does not acquire the new machine? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

b. What is Forbes Division's ROI this year if Oscar acquires the new machine? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

c. If Oscar acquires the new machine and it operates according to specifications, what ROI is expected for next year? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

QUESTION 7

Contreras, Inc. is analyzing the replacement of a color copier. The old machine was purchased 4 years ago for $40,000; it falls into the MACRS 7-year class; and it has 3 years of remaining life and a $7,000 salvage value 3 years from now. The current market value of the old machine is $14,000. The new machine has a price of $50,000, plus an additional $300 for installation and modification. Delivery of the machine will require $200. The new machine falls into the MACRS 7-year class, has a 3-year economic life, and can be salvaged for $18,000. The new machine will allow for a $3,000 increase in inventory, and accounts payable is expected to increase by $1,000. The new machine is expected to increase revenue by $15,000 per year and increase costs by $3,000 per year. The firm has a 13 percent cost of capital and a marginal tax rate of 21 percent. The MACRS 7-year class uses the following percentages: 14%, 25%, 17%, 13%, 9%, 9%, 9%, and 4% (in that order). (Round all CFs to the nearest dollar.)

What is the initial investment outlay at Year 0?

If they switch out the old machine for the new one, how much more tax savings will the company get from the change in depreciation expense in Year 2 (t = 2)?

1. 	A.	$1,895
   	B.	$11,375
   	C.	$2,632
   	D.	$9,025
   	E.	$7,426

What is the tax effect from selling the new machine at the end of the project

Should the firm replace its older machine with the new machine?

Problem 14-46 (Static) Equipment Replacement and Performance Measures (LO 14-2)

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $4 million in assets, manufactures a special testing device. At the beginning of the current year, Forbes invested $5 million in automated equipment for test machine assembly. The division's expected income statement at the beginning of the year was as follows.

A sales representative from LSI Machine Company approached Oscar in October. LSI has for $6.5 million a new assembly machine that offers significant improvements over the equipment Oscar bought at the beginning of the year. The new equipment would expand division output by 10 percent while reducing cash fixed costs by 5 percent. It would be depreciated for accounting purposes over a three-year life. Depreciation would be net of the $500,000 salvage value of the new machine. The new equipment meets Pitt's 20 percent cost of capital criterion. If Oscar purchases the new machine, it must be installed prior to the end of the year. For practical purposes, though, Oscar can ignore depreciation on the new machine because it will not go into operation until the start of the next year.

The old machine, which has no salvage value, must be disposed of to make room for the new machine.

Pitt has a performance evaluation and bonus plan based on ROI. The return includes any losses on disposal of equipment. Investment is computed based on the end-of-year balance of assets, net book value. Ignore taxes.

Required:

a. What is Forbes Division's ROI if Oscar does not acquire the new machine?

b. What is Forbes Division's ROI this year if Oscar acquires the new machine? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

c. If Oscar acquires the new machine and it operates according to specifications, what ROI is expected for next year? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 32.1).)

Task Generics: GenericStack Class. Java.

package Modul02;

public class GenericStack<E> {

private java.util.ArrayList<E> list = new java.util.ArrayList<>();

public int size() {

return list.size();

}

public E peek() {

return list.get(size() - 1);

}

public void push(E o) {

list.add(o);

}

public E pop() {

E o = list.get(size() - 1);

list.remove(size() - 1);

return o;

}

public boolean isEmpty() {

return list.isEmpty();

}

@Override

public String toString() {

return "stack: " + list.toString();

}

}

package Modul02;

public class TestGenericStack {

public static void main(String[] args) {

GenericStack<String> gsString = new GenericStack<>();

gsString.push("one");

gsString.push("two");

gsString.push("three");

while (!(gsString.isEmpty())) {

System.out.println(gsString.pop());

}

GenericStack<Integer> gsInteger = new GenericStack<>();

gsInteger.push(1);

gsInteger.push(2);

gsInteger.push(3);

//gsInteger.push("4");

while (!(gsInteger.isEmpty())) {

System.out.println(gsInteger.pop());

}

}

}

Create a new version of GenericStack that uses an array instead of an ArrayList (this version should also be generic). Be sure to check the size of the array before adding a new item; - if the array becomes full, double the size of the array, and you must copy elements from the old array to the new one.

Note that one cannot use the new operator on a generic type, new E is not allowed.

To create the generic array, a cast must:

private E [] elements = (E[]) new Object[100];

Important that push checks that there is enough space, if not you have to double the stack size before push. Pushes should also not allow zero values ​​as arguments, because now they should only be ignored.

Tips: System.arraycopy (...); Public interface for the class is known, but start writing the tests first.

Write tests:
The tests will cover all scenarios (all possible ways you can use a stack). Since this is a generic class, test it for at least two different types (What if someone uses pop or peek on a blank stack?). Remember to include a test where the stack must be doubled to accommodate a new push (). Feel free to introduce a new public method capacity () that responds to the stack's current capacity. Also, create (if you haven't done) a constructor for the stack that takes in startup capacity (before you have one that creates a default capacity).

import java.util.LinkedList;

public class StudentLinkedList { public static void main(String[] args) { LinkedList<Student> linkedlist = new LinkedList<Student>(); linkedlist.add(new Student("Ahmed Ali", 20111021, 18, 38, 38)); linkedlist.add(new Student("Sami Kamal", 20121021, 17, 39, 35)); linkedlist.add(new Student("Salem Salim", 20131021, 20, 40, 40)); linkedlist.add(new Student("Rami Mohammed", 20111031, 15, 35, 30)); linkedlist.add(new Student("Kim Joe", 20121024, 12, 32, 32)); linkedlist.addFirst(new Student("Hadi Ali", 20111025, 19, 38, 39)); linkedlist.addLast(new Student("Waleed Salim", 20131025, 10, 30, 30)); linkedlist.set(0, new Student("Khalid Ali", 20111027, 15, 30, 30)); linkedlist.removeFirst(); linkedlist.removeLast(); linkedlist.add(0, new Student("John Don", 20131025, 11, 31, 31)); linkedlist.remove(2); } class Student{ private String name; private Long ID; private int [] marks = new int [3];

public Student(String name, long ID, int quizzes, int mid, int fin) { this.name = name; this.ID = ID; marks[0] = quizes; marks[1] = mid; marks[2] = fin; } public String getName() { return name; }

  

public Long getID() { return ID; }

public int[] getMarks() { return marks; }

@Override public String toString() { String temp = "student: " + "name = " + name + ", ID = " + ID + ", marks = {" + marks[0] + ", " + marks[1] + ", " + marks[2] + "}"; return temp; } }

1- What is the content of the linkedList after the executing the following program?

2- Modify StudentLinkedList class by adding the following methods:  printStudentList: print by calling and printing “toString” of every object in the linkedList. Every student object to be printed in a separate line.  deleteStudentByID(long id): delete student object from the list whose ID is matching with the passed parameter.  sortListByID(): sort the linkedlist according to students IDs.  findMarksAverage(): find the average of all marks for all students in the list.  findMinMark(int markIndex): find the student with the minimum mark in a specific index: o 0: Quizzes o 1: Midterm Exam o 2: Final Exam

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $4.04 million in assets, manufactures a special testing device. At the beginning of the current year, Forbes invested $5 million in automated equipment for test machine assembly. The division’s expected income statement at the beginning of the year was as follows.

A sales representative from LSI Machine Company approached Oscar in October. LSI has for $6.12 million a new assembly machine that offers significant improvements over the equipment Oscar bought at the beginning of the year. The new equipment would expand division output by 10 percent while reducing cash fixed costs by 5 percent. It would be depreciated for accounting purposes over a three-year life. Depreciation would be net of the $540,000 salvage value of the new machine. The new equipment meets Pitt's 12 percent cost of capital criterion. If Oscar purchases the new machine, it must be installed prior to the end of the year. For practical purposes, though, Oscar can ignore depreciation on the new machine because it will not go into operation until the start of the next year.

The old machine, which has no salvage value, must be disposed of to make room for the new machine.

Pitt has a performance evaluation and bonus plan based on residual income. Pitt uses a cost of capital of 12 percent in computing residual income. Income includes any losses on disposal of equipment. Investment is computed based on the end-of-year balance of assets, net book value. Ignore taxes.

Required:

a. What is Forbes Division’s residual income if Oscar does not acquire the new machine?

b. What is Forbes Division’s residual income this year if Oscar acquires the new machine?

c. If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year?

ANSWER IN DOLLARS NOT PERCENTAGE

(Enter your answers in thousands of dollars. Negative amounts should be indicated by a minus sign. Round your answers to the nearest whole dollars)

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $4.02 million in assets, manufactures a special testing device. At the beginning of the current year, Forbes invested $5.09 million in automated equipment for test machine assembly. The division’s expected income statement at the beginning of the year was as follows.

A sales representative from LSI Machine Company approached Oscar in October. LSI has for $5.07 million a new assembly machine that offers significant improvements over the equipment Oscar bought at the beginning of the year. The new equipment would expand division output by 10 percent while reducing cash fixed costs by 5 percent. It would be depreciated for accounting purposes over a three-year life. Depreciation would be net of the $600,000 salvage value of the new machine. The new equipment meets Pitt's 12 percent cost of capital criterion. If Oscar purchases the new machine, it must be installed prior to the end of the year. For practical purposes, though, Oscar can ignore depreciation on the new machine because it will not go into operation until the start of the next year.

The old machine, which has no salvage value, must be disposed of to make room for the new machine.

Pitt has a performance evaluation and bonus plan based on residual income. Pitt uses a cost of capital of 12 percent in computing residual income. Income includes any losses on disposal of equipment. Investment is computed based on the end-of-year balance of assets, net book value. Ignore taxes.

Required:

a. What is Forbes Division’s residual income if Oscar does not acquire the new machine?

b. What is Forbes Division’s residual income this year if Oscar acquires the new machine?

c. If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year?

(Enter your answers in thousands of dollars. Negative amounts should be indicated by a minus sign. Round your answers to the nearest whole dollars)

If you add a constraint to an optimization model, and the previously optimal solution satisfies the new constraint, will this solution still be optimal with the new constraint added? Why or why not?

What is the correlation between the proper training of new employees and performance within an organization? What is the significance of including an orientation program for new hires?

Thank you