There are four (4) questions based on the following article from the ABA Journal. The Ohio Supreme Court has reversed an award of more than $360,000 in a suit against a grocery store chain that provided a motorized shopping cart to a customer who caused a collision and injured the plaintiff. The court said Giant Eagle wasn’t liable because there is insufficient evidence that its actions caused the incident. The plaintiff in the case, Barbara Rieger, was injured in December 2012 at a Giant Eagle in Brook Park, Ohio, when another shopper, Ruth Kurka, hit Rieger’s shopping cart with her motorized cart, according to the Ohio Supreme Court’s September 19th opinion. Rieger, who had been standing at the bakery counter, was knocked to the ground and taken to the hospital by ambulance, incurring $11,511 in medical bills. Kurka died before trial, and her estate settled with Rieger for $8,500. At trial, Rieger provided deposition testimony by Kurka’s husband, who said his wife had never been trained on how to operate the motorized cart. Rieger also presented evidence that there were 117 incidents involving motorized cars at Giant Eagle stores from 2004 to 2012. Deposition testimony by a Giant Eagle representative submitted at trial established that there are no instructions for operation on the motorized carts, and Giant Eagle assumes that people who use the carts know how to drive them. Jurors also heard evidence that Kurka had been driving motorized carts for more than a year and had no prior incidents. Jurors awarded $121,000 in compensatory damages and nearly $1.2 million in punitive damages. An appeals court lowered the punitive damages to $242,000. On appeal, Giant Eagle contended that the appeals court had eliminated the need to prove negligence and made the store an insurer for motorized cart incidents when it affirmed the verdict. The Ohio Supreme Court agreed with Giant Eagle and said a trial judge should have granted a directed verdict to the grocery store chain. It isn’t enough for a plaintiff to assert or speculate that a defendant’s actions or failure to act might have caused an injury, the court said. Instead, the plaintiff has to show that the harm would not have occurred but for the defendant’s behavior. “Despite the fact that Giant Eagle does not provide training for its customers who use the motorized carts, there is no evidence that training would have prevented the accident in this case,” the court said.

Giant Eagle took exception to the decision of the appeals court when it “eliminated the need to prove negligence and made the store an insurer for motorized cart incidents when it affirmed the verdict.” Since it was a negligence case, which requirement to prove negligence is demonstrated by the Ohio Supreme Court’s statement that “Giant Eagle wasn’t liable because there is insufficient evidence that its actions caused the incident”?

Group of answer choices

Unreasonable Behavior

Proximate Causation

Duty of Care

Causation in Fact

A case can be made that sound reproduction has become one of the areas in which technological innovations have made the most profound leaps forward. Leading the way are major competitors such as Sony, Philips, Tivoli Audio, and Bose. Many forms of sound delivery exist, some featuring earphones and headphones, and others through stand-alone speakers.

The Bose Corporation began operations in 1964. Amar G. Bose, a professor of electrical engineering at the Massachusetts Institute of Technology, became frustrated during his attempt to purchase a high-quality stereo system. He believed that the speakers that were available had impressive technical specifications but failed to reproduce the realism of a live performance.

Four years later, the first Bose product reached the market. In a very short time, Bose has delivered a series of innovations in sound.

Currently, the Bose Wave products are at the forefront of quality sound, including the Wave radio, Wave music system, and Acoustic Wave music system. Each is designed to deliver the most realistic sound through a compact, attractive device that will fit in any room in the home or office. The product can be linked with a dock that both plays and recharges an iPod. Another product allows the user to wirelessly play and store music from an internet radio station. Other Bose products include headphones, home theater systems, speakers, and sound systems for various locations, including boats and businesses.

Bose systems are on the high end in terms of price. For example, the most widely purchased Wave music system had a list price of $499.95 in November 2009. To entice buyers, product discounts are routinely offered, including a $100.00 price reduction when the Wave is purchased with the accompanying multi-CD changer. Also, Bose offers one-year, interest-free financing.

The Bose marketing program includes use of traditional media, most notably television, newspaper, and magazine advertising. The company’s website allows buyers to find and purchase all items online. The company employs a limited number of retail stores that feature the Bose line. The primary marketing emphasis remains focused on quality. For example, Fortune rated the Bose QuietComfort headset, which cancels outside noise, as the best-quality option for headphones.

Although a company’s reputation for quality may help to drive sales, outside factors can interfere. The recession that began in 2008 and continued into 2009 led many shoppers to cut back purchases, especially for more expensive luxury items. Bose was not immune to this trend. The company was forced to lay off nearly 1,000 workers, or 10 percent of its labor force, during the decline.

At the same time, Bose forged ahead, seeking to develop new technologies in areas other than sound. As the economy continues to recover, business analysts expect Bose to build on its core products while moving into new areas, furthering the growth of this innovative, energetic organization.

Questions

(1) Explain how the IMC planning process would apply to future marketing efforts for Bose Wave products.

(2)Identify the market segments that the Bose Wave products should continue to maintain.

(3) Should Bose continue to compete based on the high-price/high-quality positioning, or develop programs to reduce prices and entice a wider variety of shoppers?

(4) What should be the primary marketing communications objectives for Bose?

(5) What type of budget should be used for the Bose promotional program?

(6) Which IMC components best match the target market, position, objectives, and budget for Bose products?

Assignment Purpose

The purpose of this lab is to write a well commented java program that demonstrates the use of two dimensional arrays, input validation, and methods. (Write by Java Code, Need Comment)

Instructions

1. A theater seating chart is implemented as a two-dimensional array of ticket prices, like this:

Seat Ticket Price

10 10 10 10 10 10 10 10 10 10

10 10 10 10 10 10 10 10 10 10

10 10 10 10 10 10 10 10 10 10

10 10 20 20 20 20 20 20 10 10

10 10 20 20 20 20 20 20 10 10

10 10 20 20 20 20 20 20 10 10

20 20 30 30 40 40 30 30 20 20

20 40 50 50 50 50 50 50 40 20

80 50 50 80 80 80 80 50 50 30

Seating Arrangement: Seats No.

1 2 3 4 5 6 7 8 9 10

11 12 13 14 15 16 17 18 19 20

21 22 23 24 25 26 27 28 29 30

31 32 33 34 35 36 37 38 39 40

41 42 43 44 45 46 47 48 49 50

51 52 53 54 55 56 57 58 59 60

61 62 63 64 65 66 67 68 69 70

71 72 73 74 75 76 77 78 79 80

81 82 83 84 85 86 87 88 89 90

2. Write a program that prompts the user to pick a price. When a user specifies a price, make sure it is available. Mark sold seats by changing the price to 0. You will write at least 3 methods.
   1. One method that reads, validates and returns the price.
   2. The other that checks whether a seat is available that price.
   3. The third method prints a confirmation if the seat is available or prints a message saying “A seat at this price is not available. Good Bye.”

Hint: Basically, you will search the 2D array for the input price, and as soon as you find a matching price, you will replace the price at that location with a 0.

Sample output 1

Please pick a price or press Q to quit: 80

      Checking for the availability……

      Your seat is confirmed! Your seat number is 81. Enjoy your movie

Please pick a price or press Q to quit: 80

      Checking for the availability……

      No seat at this price is available. Sorry!

Please pick a price or press Q to quit: Q
     Thank you for using our online ticketing service. Goodbye!

Sample output 2

Please pick a price or press Q to quit: 10

      Checking for the availability……

      Your seat is confirmed! Your seat number is 1. Enjoy your movie

Please pick a price or press Q to quit: 20

      Checking for the availability……

      Your seat is confirmed! Your seat number is 33. Enjoy your movie

Please pick a price or press Q to quit: 20

      Checking for the availability……

      Your seat is confirmed! Your seat number is 34. Enjoy your movie

      Please pick a price or press Q to quit: 200

      Please pick a valid price. Valid prices are $10, $20, $30, $40, $50, and $80

Please pick a price or press Q to quit: Q

Thank you for using our online ticketing service. Goodbye!

The following VHDL code has errors and is not working in Umhdl. please solve the errors for the following code and rewrite the code here and show the output.

The code:

library IEEE;
use IEEE.STD_LOGIC_1164.ALL;
use IEEE.std_logic_unsigned.all;
entity Car_Parking_System_VHDL is
port 
(
  clk,reset_n: in std_logic; -- clock and reset of the car parking system
  front_sensor, back_sensor: in std_logic; -- two sensor in front and behind the gate of the car parking system
  password_1, password_2: in std_logic_vector(1 downto 0); -- input password 
  GREEN_LED,RED_LED: out std_logic; -- signaling LEDs
  HEX_1, HEX_2: out std_logic_vector(6 downto 0) -- 7-segment Display 
);
end Car_Parking_System_VHDL;

architecture Behavioral of Car_Parking_System_VHDL is
-- FSM States
type FSM_States is (IDLE,WAIT_PASSWORD,WRONG_PASS,RIGHT_PASS,STOP);
signal current_state,next_state: FSM_States;
signal counter_wait: std_logic_vector(31 downto 0);
signal red_tmp, green_tmp: std_logic;

begin
-- Sequential circuits
process(clk,reset_n)
begin
 if(reset_n='0') then
  current_state <= IDLE;
 elsif(rising_edge(clk)) then
  current_state <= next_state;
 end if;
end process;
-- combinational logic

process(current_state,front_sensor,password_1,password_2,back_sensor,counter_wait)
 begin
 case current_state is 
 when IDLE =>
 if(front_sensor = '1') then -- if the front sensor is on,
 -- there is a car going to the gate
  next_state <= WAIT_PASSWORD;-- wait for password
 else
  next_state <= IDLE;
 end if;
 when WAIT_PASSWORD =>
 if(counter_wait <= x"00000003") then
  next_state <= WAIT_PASSWORD;
 else -- check password after 4 clock cycles
 if((password_1="01")and(password_2="10")) then
 next_state <= RIGHT_PASS; -- if password is correct, let them in
 else
 next_state <= WRONG_PASS; -- if not, tell them wrong pass by blinking Green LED
 -- let them input the password again
 end if;
 end if;
 when WRONG_PASS =>
  if((password_1="01")and(password_2="10")) then
 next_state <= RIGHT_PASS;-- if password is correct, let them in
  else
 next_state <= WRONG_PASS;-- if not, they cannot get in until the password is right
  end if;
 when RIGHT_PASS =>
  if(front_sensor='1' and back_sensor = '1') then
 next_state <= STOP; 
 -- if the gate is opening for the current car, and the next car come, 
 -- STOP the next car and require password
 -- the current car going into the car park
  elsif(back_sensor= '1') then
   -- if the current car passed the gate an going into the car park
   -- and there is no next car, go to IDLE
 next_state <= IDLE;
  else
 next_state <= RIGHT_PASS;
  end if;
when STOP =>
  if((password_1="01")and(password_2="10"))then
  -- check password of the next car
  -- if the pass is correct, let them in
 next_state <= RIGHT_PASS;
  else
 next_state <= STOP;
  end if;
 when others => next_state <= IDLE;
 end case;
 end process;
 -- wait for password
process(clk,reset_n)
 begin
 if(reset_n='0') then
 counter_wait <= (others => '0');
 elsif(rising_edge(clk))then
  if(current_state=WAIT_PASSWORD)then
  counter_wait <= counter_wait + x"00000001";
  else 
  counter_wait <= (others => '0');
  end if;
 end if;
 end process;
 -- output 
 process(clk) -- change this clock to change the LED blinking period
 begin
 if(rising_edge(clk)) then
 case(current_state) is
 when IDLE => 
 green_tmp <= '0';
 red_tmp <= '0';
 HEX_1 <= "1111111"; -- off
 HEX_2 <= "1111111"; -- off
 when WAIT_PASSWORD =>
 green_tmp <= '0';
 red_tmp <= '1'; 
 -- RED LED turn on and Display 7-segment LED as EN to let the car know they need to input password
 HEX_1 <= "0000110"; -- E 
 HEX_2 <= "0101011"; -- n 
 when WRONG_PASS =>
 green_tmp <= '0'; -- if password is wrong, RED LED blinking 
 red_tmp <= not red_tmp;
 HEX_1 <= "0000110"; -- E
 HEX_2 <= "0000110"; -- E 
 when RIGHT_PASS =>
 green_tmp <= not green_tmp;
 red_tmp <= '0'; -- if password is correct, GREEN LED blinking
 HEX_1 <= "0000010"; -- 6
 HEX_2 <= "1000000"; -- 0 
 when STOP =>
 green_tmp <= '0';
 red_tmp <= not red_tmp; -- Stop the next car and RED LED blinking
 HEX_1 <= "0010010"; -- 5
 HEX_2 <= "0001100"; -- P 
 when others => 
 green_tmp <= '0';
 red_tmp <= '0';
 HEX_1 <= "1111111"; -- off
 HEX_2 <= "1111111"; -- off
  end case;
 end if;
 end process;
  RED_LED <= red_tmp  ;

VHDL testbench code:

LIBRARY ieee;
USE ieee.std_logic_1164.ALL;
 
ENTITY tb_car_parking_system_VHDL IS
END tb_car_parking_system_VHDL;
 
ARCHITECTURE behavior OF tb_car_parking_system_VHDL IS 
 
    -- Component Declaration for the car parking system in VHDL
 
    COMPONENT Car_Parking_System_VHDL
    PORT(
         clk : IN  std_logic;
         reset_n : IN  std_logic;
         front_sensor : IN  std_logic;
         back_sensor : IN  std_logic;
         password_1 : IN  std_logic_vector(1 downto 0);
         password_2 : IN  std_logic_vector(1 downto 0);
         GREEN_LED : OUT  std_logic;
         RED_LED : OUT  std_logic;
         HEX_1 : OUT  std_logic_vector(6 downto 0);
         HEX_2 : OUT  std_logic_vector(6 downto 0)
        );
    END COMPONENT;
    

   --Inputs
   signal clk : std_logic := '0';
   signal reset_n : std_logic := '0';
   signal front_sensor : std_logic := '0';
   signal back_sensor : std_logic := '0';
   signal password_1 : std_logic_vector(1 downto 0) := (others => '0');
   signal password_2 : std_logic_vector(1 downto 0) := (others => '0');

  --Outputs
   signal GREEN_LED : std_logic;
   signal RED_LED : std_logic;
   signal HEX_1 : std_logic_vector(6 downto 0);
   signal HEX_2 : std_logic_vector(6 downto 0);

   -- Clock period definitions
   constant clk_period : time := 10 ns;
 
BEGIN
 
 -- Instantiate the car parking system in VHDL
   Car_park_system: Car_Parking_System_VHDL PORT MAP (
          clk => clk,
          reset_n => reset_n,
          front_sensor => front_sensor,
          back_sensor => back_sensor,
          password_1 => password_1,
          password_2 => password_2,
          GREEN_LED => GREEN_LED,
          RED_LED => RED_LED,
          HEX_1 => HEX_1,
          HEX_2 => HEX_2
        );

   -- Clock process definitions
   clk_process :process
   begin
  clk <= '0';
  wait for clk_period/2;
  clk <= '1';
  wait for clk_period/2;
   end process;
   -- Stimulus process
   stim_proc: process
   begin  
      reset_n <= '0';
  front_sensor <= '0';
  back_sensor <= '0';
  password_1 <= "00";
  password_2 <= "00";
      wait for clk_period*10;
  reset_n <= '1';
  wait for clk_period*10;
  front_sensor <= '1';
  wait for clk_period*10;
  password_1 <= "01";
  password_2 <= "10";
  wait until HEX_1 = "0000010";
  password_1 <= "00";
  password_2 <= "00";
  back_sensor <= '1';
  wait until HEX_1 = "0010010"; -- stop the next car and require password
  password_1 <= "01";
  password_2 <= "10";
  front_sensor <= '0';
  wait until HEX_1 = "0000010";
  password_1 <= "00";
  password_2 <= "00";
  back_sensor <= '1';
  wait until HEX_1 = "1111111";
  back_sensor <= '0';
      -- insert your stimulus here 

      wait;
   end process;

END;

Mrs. Anna Temple, A 40-year-old African American woman, arrives at the emergency room, with her husband Joe. According to Mr. Temple, his wife woke up at 7 am to get ready for work. Mrs. Temple was unable to get out of bed due to weakness in her left arm and left leg. Mr. Temple also noticed the left side of his wife’s face was drooping. Upon arrival at the ED, Anna Temple had a left facial droop, left-sided hemiparesis, expressive aphasia, and mild dysphagia.

Anna’s past medical history includes atrial fibrillation (afib), hypertension, hyperlipidemia, and Type 2 Diabetes (NIDDM), anxiety, and depression. Anna’s past surgical history includes: hysterectomy, cholecystectomy, right knee arthroscopy, and incision and debridement of a left groin abscess.

Anna is awake, alert, and oriented x 3. Anna is unable to verbalize answers to questions due to expressive aphasia but is able to nod yes/no to staff. Heart rate is 101, and irregular. Lungs are clear bilaterally. O2 sat is 98% on RA. She has positive bowel sounds, positive +2 pedal pulses, and +1 bilateral edema of her lower legs. Anna’s husband reports that Anna has been complaining of numbness and tingling to her feet. Anna has also been c/o nausea and loss of appetite, and loose stools for 3 days. Anna is straight catheterized for a urine specimen. 300 cc of dark amber malodorous urine. Anna is quickly taken for a CT scan of the brain.

Vital signs, T: 37, HR, 101 irreg, RR 24, BP 188/98. Anna denies pain. Her blood sugar on admission was 242. #18 gauge IPID RFA.

Social History: Obtained from Mr. Temple. (while Anna was in CT scan).

Anna and Joe Temple have been married for 20 years. They have twin daughters, age 19, and a son, age 16. Their daughters are both freshmen in college, and their son is a sophomore in high school. Last year, Anna’s mother, who has early onset dementia, came to live with them after Anna’s father passed away from a heart attack. Joe’s parents live next door, and both have many medical appointments which Joe and Anna help take them to. Anna works full time as an administrative assistant for an insurance company. Anna often confides in Joe that her job is very stressful and rarely is able to get away from her desk for lunch or a break. Joe also says that Anna is always taking care of everyone else and is not consistent with her medications or her own doctor’s appointments. Anna has smoked 1 ppd for the last 20 years.

MEDS: Daily/PRN: Glucophage 500 mg po BID, Lopressor 25 mg po BID, Lipitor 20 mg po QD, Xarelto 20 mg po QD, Neurontin 300 mg po TID, Multivitamin 1 po QD, Premarin 0.3 mg po QD, Zoloft 100 mg po QD

Lab Results:

RBC 4.1                      Platelets- 450,000                  CL 110

WBC 16.2                   INR 1.0                                   Mag 1.4

HGB 11g/dl                K 2.8                                       Hbg A1C 12 %

HCT 32.3%               Na 148                                    Glucose 259

·Urinalysis: +2 bacteria, +3 leukocytes, +2 protein, trace RBCs,

·Diagnostic tests: non contrast CT scan: thrombolytic CVA.

·CXR: bilat bibasilar atelectasis, EKG: afib,

Mrs. Temple has returned from CT scan and tPA is administered per protocol.

In addition to tPA, the physician enters the following orders:

IV 0.9 NSS 125 cc/o, Vital signs & Neuro checks q 15 min x 4, then Q 30 min x2, then Q 1 hr. NPO until swallowing evaluation. 1 GM Rocephin IV, novolog per sliding scale, BGM ac and hs.

After Mrs. Temple’s vital signs stabilized, she was transferred to the neuro medical surgical unit with admission diagnoses of CVA, LSW, uncontrolled DM, HTN, and +UTI

STROKE:

1.      What is tPA, and why was it appropriate for Mrs. Temple?

2.      Why is Mrs. Temple NPO?

3.      What were Mrs.Temple’s risk factors for stroke?

4.      Explain how knowing the type of CVA is an important factor in treatment.

5.      What is the NIH stroke scale?

6.      Why would it be important to continue neuro checks in the hours following a CVA?

MEDICATIONS:

7.      Why do you think Anna Temple was prescribed each of these medications (look at home medications)

8.      Which of these medications may be contraindicated for Anna Temple based on her medical and surgical history?

SOCIAL HX:

9.      What additional risk factors are noted in the social hx information? How do these risk factors affect other aspects of Mrs. Temple’s health…..DM, HTN, Anxiety, Depression….

It is now 3 days post CVA for Mrs. Anna Temple, Anna’s deficits continue to improve, she is ambulating with a walker and standby assist. She is tolerating a LFLC consistent carb diet regular consistency with honey thick liquids. Anna is pleasant but with a very flat affect, very tearful at times. Anna’s vital signs and blood sugars are now within normal range. Anna will likely be discharged to acute inpatient rehab prior to transitioning to home.

10.  What diagnostic test was likely done by the speech therapist to determine that Anna needed honey thick liquids for safe swallowing?

11.  Identify actions to help Mr. and Mrs. Temple as they learn to cope with Mrs. Temple’s recovery and the other responsibilities of their busy lives.

In this assignment, you will be implementing a slot machine that you find in casinos. A slot machine has certain number of reels which spin to produce one of a fixed set of symbols (e.g. flowers, bells) randomly when the user pulls a lever. The user needs to insert certain number of currency units as wager into the slot machine before pulling the lever. We refer to these currency units as “wagerUnitValue”. For example in slot machines with quarter (25 cents) as wagerUnitValue , user needs to insert one or more quarters while in dollar slot machines where wagerUnitValue = 100, user needs to insert one or more dollars as wager before pulling the lever. The user will receive a payout based on the matching of symbols on the reels. In a real slot machine there is a payout table which specifies the payout for certain combinations of symbols on the reels. In this assignment, you will instead be implementing simple payout rules based on number of matched symbols.

I have provided a skeletal implementation of a slot machine to help you get started (Check Moodle). Do not change class name, enum type or function signatures. You can however add some variables as needed. Specifically implement the following functions: (a) SlotMachine class constructor which has the following parameters: (i) numReels, (ii) odds array with one entry per symbol indicating probability of getting the symbol in a reel and (iii) wagerUnitValue in cents. (b) getSymbolForAReel() – use Math.random() to generate a random number between 0 and 1 and then use the odds array to generate a symbol randomly. (c) calcPayout() – calculate and return payout value for the given symbols on the reels; use the rules provided in the comments section of the function (d) pullLever() – this function simulates user pulling lever in the slot machine after inserting a wager. First use the function in (b), to generate symbol for each reel and then use the function in (c) to calculate the payout. You can assume that the symbols on the reels appear as independent random events. You need to print the reel symbols in a line followed by the payout in dollar format in another line. (e) getPayoutPercent() – you need to keep track of total wager given by the user as well as total payout provided to the user; this function calculates the total payout as a percent of the total wager value. (f) reset() – clears the total wager and total payout value for fresh calculation of payout percent. Submit only the SlotMachine.java file with your name added in comments section. You can use the main() function to test your program but it is not graded. The test program used for grading will call the class functions (a)-(f) directly.

package edu.stevens.cs570.assignments;

public class SlotMachine {

public enum Symbol {

BELLS("Bells", 10), FLOWERS("Flowers", 5), FRUITS("Fruits", 3),

HEARTS("Hearts", 2), SPADES("Spades", 1);

// symbol name

private final String name;

// payout factor (i.e. multiple of wager) when matching symbols of this

type

private final int payoutFactor;

Symbol(String name, int payoutFactor) {

this.name = name;

this.payoutFactor = payoutFactor;

}

public String getName() {

return name;

}

public int getPayoutFactor() {

return payoutFactor;

}

}

/**

* Constructor

* @param numReels number of reels in slot machine

* @param odds odds for each symbol in a reel, indexed by its enum ordinal

value; odds value is non-zero and sums to 1

* @param wagerUnitValue unit value in cents of a wager

*/

public SlotMachine(int numReels, double [] odds, int wagerUnitValue) {

}

/**

* Get symbol for a reel when the user pulls slot machine lever

* @return symbol type based on odds (use Math.random())

*/

public Symbol getSymbolForAReel() {

return null;

}

/**

* Calculate the payout for reel symbols based on the following rules:

* 1. If more than half but not all of the reels have the same symbol then

payout factor is same as payout factor of the symbol

* 2. If all of the reels have the same symbol then payout factor is twice the

payout factor of the symbol

* 3. Otherwise payout factor is 0

* Payout is then calculated as wagerValue multiplied by payout factor

* @param reelSymbols array of symbols one for each reel

* @param wagerValue value of wager given by the user

* @return calculated payout

*/

public long calcPayout(Symbol[] reelSymbols, int wagerValue) {

return 0;

}

/**

* Called when the user pulls the lever after putting wager tokens

* 1. Get symbols for the reels using getSymbolForAReel()

* 2. Calculate payout using calcPayout()

* 3. Display the symbols, e.g. Bells Flowers Flowers..

* 4. Display the payout in dollars and cents e.g. $2.50

* 5. Keep track of total payout and total receipts from wagers

* @param numWagerUnits number of wager units given by the user

*/

public void pullLever(int numWagerUnits) {

}

/**

* Get total payout to the user as percent of total wager value

* @return e.g. 85.5

*/

public double getPayoutPercent() {

return 0;

}

/**

* Clear the total payout and wager value

*/

public void reset() {

}

public static void main(String [] args) {

double [] odds = new double[Symbol.values().length];

// sum of odds array values must equal 1.0

odds[Symbol.HEARTS.ordinal()] = 0.3;

odds[Symbol.SPADES.ordinal()] = 0.25;

odds[Symbol.BELLS.ordinal()] = 0.05;

odds[Symbol.FLOWERS.ordinal()] = 0.2;

odds[Symbol.FRUITS.ordinal()] = 0.2;

SlotMachine sm = new SlotMachine(3, odds, 25); // quarter slot machine

sm.pullLever(2);

sm.pullLever(1);

sm.pullLever(3);

System.out.println("Pay out percent to user = " + sm.getPayoutPercent());

sm.reset();

sm.pullLever(4);

sm.pullLever(1);

sm.pullLever(1);

sm.pullLever(2);

System.out.println("Pay out percent to user = " + sm.getPayoutPercent());

}

}

This is Sample Output:

Spades Hearts Flowers

payout=$0.00

Flowers Hearts Hearts

payout=$0.50

Flowers Spades Spades

payout=$0.75

Pay out percent to user = 83.33333333333333

Spades Flowers Hearts

payout=$0.00

Spades Hearts Flowers

payout=$0.00

Fruits Hearts Hearts

payout=$0.50

Hearts Spades Fruits

payout=$0.00

Pay out percent to user = 25.0

Question 1. Suppose you are an investment consultant. You have produced below analysis of the key financial ratios of 5 companies.

You are required:

Please advise your client which of these companies he/she needs to invest as the first choice choice. Which company he/she must not invest. Clearly explain your client the reasoning behind your advice. You must make use of analysis results presented in the above table to justify your andive. ( 25 marks)

Question 2.

You are a financial consultant. Your curious client, who started to learn finance, has asked you to explain why Zoom Video has a negative beta in the above table. Explain using fundamental factors that determine company beta.

Question 3. What does Jensen’s alpha tell you. If you were to select a company just based on Jensen’s alphs which company would you invest and which company would you avoid?

Question 4. Your friend has suggested you to invest $150,000 US Dollars into one of the below projects with future cash you can earn listed in the below table. Suppose that the discount rate 15% per year. Which investment project you will invest if you must select only one project (hint: use Net Present Value estimation method)

7.3 - Appendix

Bank Balance Sheet (Note: Use this information for all three problems)

Item                             Amount            Duration       Interest Rate       

Cash-type Securities       $50m                1.2 year             2.25%

Commercial Loans          $100m             2.4 years           4.50%

Mortgages                     $350m             8.0 years           6.50%

Core Deposits                $270m             1.0 year             2.00%

Notes Payable                $180m             2.0 years           4.50%

3. Off-Balance sheet futures hedge (Use balance sheet information above, 8 points)

T-Bond futures contracts for the delivery of $100,000 face value are trading at 102-16, and have a duration of 9.50 years.

a. What is the total dollar price of each futures contract (P_F)?

b. For this bank to achieve complete immunization, solve for F (total dollar value of futures contracts to immunize). Note: We don’t know the number of contracts yet or a specific interest rate change, so that information should not be used to solve for the dollar value F. Use only the information provided above to solve for F.

c. Using F from part b above, solve for the number of T-Bond futures contracts needed by this bank to hedge the interest rate risk (round to the nearest whole number of contracts).

d. Explain in a full essay what risk this bank faces, what position this bank would take on the T-Bond futures contracts to hedge against the interest rate risk it faces, why it would take that position, and graph that position in a fully-labeled futures payoff diagram.

Assume average interest rates rise from the original level of 6.0% to 7.50%.

e. Calculate the on-balance sheet change in the bank’s value (ΔE), and specify the sign (positive or negative)

f. Calculate the off-balance sheet change in the value of the futures contracts (ΔF), and specify if it’s a gain or loss.

g. Assume you are a financial analyst and risk management specialist for the bank above. Write a full, complete, and convincing essay (executive summary) of at least several complete paragraphs to your company’s CEO that summarizes the main conclusions from this third problem, and specifically refer to your numerical results from parts e and f.

P1. The following trial balance was taken from the books of Coyote Company as of December 31, 2019.

            Account                                                 Debit            Credit

Cash $60,000

Accounts receivable                                             50,000

Allowance for doubtful accounts                                               $ 1,000

Short-Term notes receivable                                 20,000

Inventory, January 1, 2019                                   70,000

Furniture and equipment                                      210,000

Accumulated depreciation of F & E                                           40,000

Patents                                                                100,000

Accounts payable                                                                        22,000

Bonds payable                                                                         20,000

L-T notes payable                                                                    15,000

Common stock                                                                          290,000

Retained earnings                                                                        87,000

Dividends                                                           20,000

Prior period adjustments                                     10,000

Sales                                                                                          700,000

Sales returns & allowance                                    40,000

Sales discount                                                      10,000

Rent revenues                                                                             60,000

Interest revenues                                                                        10,000

Purchase                                                           420,000

Purchase returns & allowance                                                     20,000

Selling expenses                                                 60,000

Advertising expense                                           30,000

Supplies expense                                                  6,000

Insurance expense                                              24,000

Wage and Salary expense                                    90,000

Rent expense                                                         60,000

Loss on sale of PS store before tax                     10,000

Operating income from PS store before tax                             25,000

Totals                                                               1,290,000        1,290,000

At the year end, the following items have not been recorded.

1. Insurance premium expired during the year, $14,000.
2. Estimated bad debts expense, 1.0% of net sales.
3. Inventory as of 12/31/2019 turned out to be $50,000.
4. Office supplies were purchased for $6,000 and charged to supplies expenses then. There are $2,000 of supplies remaining as of 12/31/2019
5. Six months’ rent of $60,000 was paid in advance on September 1, 2019 and charged to rent expense then.
6. Furniture and equipment have an average useful life of 5 years and salvage value of

$10,000. Coyote Company uses the straight-line method of depreciation.

7. Patents have been amortized by $10,000/year.
8. Utility bill of $2,000 for the month of December 2019 will be paid on its due date, January 10, 2020.
9. Salaries earned but not yet paid by December 31, 2019, $8,000.
10. Tax rate = 30%.

Instructions: prepare

1. Any necessary adjusting entries at the end of 2019.
2. Income Statement and statement of retained earnings, and balance sheet of the company for the year 2019 in good forms (i.e. multiple-steps statements)
3. Any necessary closing entries at the end of 2019.