You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $ 10.3 million today and $ 5.2 million in one year. The government will pay you $ 21.9 million in one year upon the​ building's completion. Suppose the interest rate is 10.8 %

.a. What is the NPV of this​ opportunity?

b. How can your firm turn this NPV into cash​ today?

a. What is the NPV of this​ opportunity?

The NPV of the proposal is $______ million. ​(Round to two decimal​ places.)

Generally accepted principles of accounting for typical categories of capital assets based on applicable GASB standards for government unit as:

I.      Land

II.    Building and building improvements

III.   Infrastructure assets

IV.   Construction work in progress

V.    Intangible assets

Required:

a)     Write a report on the classification of general capital assets of a government. Explain the broad categories given above with proper examples of each that are relevant to the government unit.

b)     Show a sample statement of capital Asset disclosure of a government unit.

On February 1, 2020, a company agreed to construct a building at a contract price of $35,000. The company estimated the project would be finished in 2022. Information relating to the costs and billings for this contract is as follows:

                                                    2020             2021           2022

Total costs incurred to date        $8,000        $10,000         $22,000

Estimated costs to complete      12,000          6,000            -0-

Customer billings to date           8,000          24,000         29,000

Collections to date                     4,000           14,000         25,000

The journal entry to record Billings on Construction in Process in 2021 has the amount of _________.

Create an ApartmentException class whose constructor receives a string that holds a street address, an apartment number, a number of bedrooms, and a rent value for an apartment. Upon construction, throw an ApartmentException if any of the following occur: • The apartment number does not consist of 3 digits • The number of bedrooms is less than 1 or more than 4 • The rent is less than $500.00 or over $2500 Write a driver class that demonstrates creating valid Apartment Objects and Invalid Apartment Objects that throw the ApartmentException.

Compose a letter to your English-speaking pen pal about your pastimes. Make sure to include the following:

Write a paragraph about what you typically do on Saturday or Sunday afternoons.

Use at least two different stem-changing verbs from Chapter 4.

Write at least four sentences using the construction ir a + [infinitive] to describe what you and your friends or family plan on doing next weekend.

Include at least two of the pastimes/activities.

You run a construction firm. You have just won a contract to build a government office building. It will take one year to construct it requiring an investment of $ 10.23 million today and $ 5.00 million in one year. The government will pay you $ 22.50 million upon the​ building's completion. Suppose the cash flows and their times of payment are​ certain, and the​ risk-free interest rate is 8 %. a. What is the NPV of this​ opportunity? b. How can your firm turn this NPV into cash​ today?

Contractor performed considerable work on a project. Owner then became insolvent, leaving Contractor unpaid. Contractor tried to recover payment from the undisbursed construction loan proceeds being held by Owner's bank. Contractractor argued that it was a beneficiary of the loan agreement between bank and Owner. Bank refused to make payment.

Discussion

Do you agree with the Contractor's argument? Does the bank have any contractual obligation to disburse the unused loan to the contractor? How would you prevent this kind of financial risk?

Students will design a mutually operating gear system under the conditions given in this question. (Sizing will be done as a result of calculations according to working conditions, material, construction status and strength). In this design, shaft and bearing calculations will not be made. Only mutual gears will be designed according to the data and acceptance. The student will make assumptions for the values and information that are not given and will explain why he made this assumption.

Input Power: 8 Kw

Input Cycle : 1224

Cycle Rate: 4

Gear Material: 1050 Steel

Under the Constitution and our federal system of government, some powers are reserved for the national government and some for the state governments; and, some are shared. Please tell us about laws and regulations you work with in your daily lives. Try to list some of each. Example -- If we take the bus, the registration and inspection is a state mandate, while the bus construction is a federal mandate, and emissions controls are mandated by the national government, but inspected by the state. Other examples are work rules, etc.