Questions
1. Electric Car expects to have earnings per share of $5 in 2020. The firm plans...

1. Electric Car expects to have earnings per share of $5 in 2020. The firm plans to pay all of its earnings as dividends. Electric Car’s current share price is $50.

A. Suppose Electric Car continues earning $5 per share annually in 2021-2026 and could cut its dividends payout rate to 75% during this period. Electric Car is planning to apply the retained earnings to open new stores. The return on investment in these stores is expected to be 12%. Assume that the risk of the new investments is the same as the risk of existing investments. What effect would this new dividend payout policy have on Electric Car’s share price in 2020?

B. Suppose Electric Car decided to cut its dividend payout rate to 75% to invest in new stores, yet now suppose that the return on these new investments is 8%, rather than 12%. Given its expected earnings per share this year of $5 and same cost of capital (return) as in A., what will happen to Electric Car’s share price in 2020?

In: Finance

1. Which of the following alkenes can show geometric isomerism: 2,3-dichloro-2-pentene, 4-chloro-3-ethyl-3-hexene, 3-chloro-2-methyl-2-butene, and 3-chloro-2-methyl-1-butene? Please...

1. Which of the following alkenes can show geometric isomerism: 2,3-dichloro-2-pentene, 4-chloro-3-ethyl-3-hexene, 3-chloro-2-methyl-2-butene, and 3-chloro-2-methyl-1-butene?

Please provide detailed steps and how to draw the structures as well.

In: Chemistry

Write a C program that generates the following 2D array. 64   32   16   8   4   2  ...

Write a C program that generates the following 2D array.

64   32   16   8   4   2   1
32   32   16   8   4   1   1
16   16   16   8   4   2   1
8   8   8   8   4   2   1
4   4   4   4   4   2   1
2   2   2   2   2   2   1
1   1   1   1   1   1   1

In: Computer Science

To calculate the number of years until maturity, assume that it is currently January 15, 2019....

To calculate the number of years until maturity, assume that it is currently January 15, 2019. All of the bonds have a $2000 par value and pay semiannual coupons.

Company(Ticket) Coupon Maturity Last price Last Yield EST$Vol

Xenon, Inc 5.400 Jan 15, 2024, 96.153 ?? 57.362

Kenny Corp 7.125 Jan 15, 2026 ??    6.02 48.941

Williams Co ?? Jan 15, 2028, 95.165 6.85 43.802

31. What is the yield to maturity for the bond issued by Xenon, Inc..?

32. What price would you expect to pay for the Kenny Corp.bond? What is the bond's current yield?

33. What is the coupon rate for the Williams Co. bond?

How can i solve #31,32,33 for using excel?

In: Finance

CSC 225 Discrete Structures for Computer Science Home Work 3 Due Date: March 31, 2017 Friday...

CSC 225 Discrete Structures for Computer Science Home Work 3

Due Date: March 31, 2017 Friday 2:00pm.

1. Write what is Reflective relation and give an example

2. What are the different types of relations discussed in class write with examples

3. Let A = {0, 1, 2, 3, 4} and B = {a, b, c, d}. Then {(0, a), (0, b), (1, a), (2, b), (3, c), (4, d)}} is a relation from A to B. Represent the above relation using a diagram.

4. Which of the following relations, defined on {1, 2, 3, 4} are symmetric and which are antisymmetric, and which are reflective? – R1 = {(1, 1), (1, 2), (2, 1), (2, 2), (3, 4), (4, 1), (4, 4)} – R2 = {(1, 1), (1, 2), (2, 1)} – R3 = {(1, 2), (1, 4), (2, 1), (2, 2), (3, 3), (4, 1), (4, 4)} – R4 = {(2, 1), (3, 1), (3, 2), (4, 1), (4, 2), (4, 3)} – R5 = {(3, 4)} – R6 = {(1, 1), (2, 2), (3, 3), (4, 4)}

In: Computer Science

Problem 10-1 Acquisition costs [LO10-1, 10-2, 10-3, 10-4] Tristar Production Company began operations on September 1,...

Problem 10-1 Acquisition costs [LO10-1, 10-2, 10-3, 10-4]

Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

  1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $230,000 in cash for the property. According to appraisals, the land had a fair value of $160,000 and the building had a fair value of $90,000.
  2. On September 1, Tristar signed a $53,000 noninterest-bearing note to purchase equipment. The $53,000 payment is due on September 1, 2019. Assume that 8% is a reasonable interest rate.
  3. On September 15, a truck was donated to the corporation. Similar trucks were selling for $3,800.
  4. On September 18, the company paid its lawyer $4,000 for organizing the corporation.
  5. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $28,000 and $1,150 in freight charges also were paid.
  6. On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $6,800 normal cash price. The supplier agreed to accept 200 shares of the company's nopar common stock in exchange for the equipment. The fair value of the stock is not readily determinable.
  7. On December 10, the company acquired a tract of land at a cost of $33,000. It paid $4,000 down and signed a 10% note with both principal and interest due in one year. Ten percent is an appropriate rate of interest for this note.


Required:
Prepare journal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answers to the nearest whole dollars.)
  

In: Accounting

Looking to find what area needs to be focused on that is statistically significant Dine In...

Looking to find what area needs to be focused on that is statistically significant

Dine In (1)/Take Out (2) Satisfaction with Service Satisfaction with Food Driving Distance to Restaurant Total Bill Overall Satisfaction
1 4 4 5 10 4
1 2 3 5 15 3
1 3 3 10 10 3
1 5 5 12 15 5
2 3 4 10 25 3
2 2 4 15 25 3
2 3 4 10 26 3
1 4 3 16 27 3
2 3 3 2 25 3
1 2 3 10 26 2
2 1 3 15 20 2
2 2 2 10 20 2
1 5 4 12 20 4
1 4 5 16 20 4
1 4 5 18 20 4
1 3 4 20 27 3
1 4 3 18 28 4
2 3 4 20 28 3
2 3 4 16 28 3
1 4 5 7 12 4
2 4 5 9 20 4
1 2 3 10 24 3
2 3 5 6 26 4
2 3 4 10 28 3
1 3 4 9 27 3
2 4 5 8 24 4
2 3 3 10 22 3
1 4 4 6 23 4
2 3 4 10 25 4
1 4 5 10 20 4
2 2 3 15 20 2
2 2 2 16 20 2
1 4 4 18 20 4
2 3 2 16 20 3
2 3 3 14 25 3
1 3 3 20 22 3
1 3 3 16 23 3
1 4 5 17 28 4
2 3 3 16 23 3
2 3 4 5 15 3
1 4 4 10 28 4
2 3 3 6 24 3
2 2 3 10 27 2
1 3 3 6 26 3
2 4 4 7 28 4
1 2 3 6 24 2
2 4 5 8 22 4
1 4 5 6 23 4
1 5 5 8 20 5

In: Statistics and Probability

in java Write a program that will print the following output 1 1 2 1 1...

in java

Write a program that will print the following output

1 1 2 1 1 2 4 2 1 1 2 4 8 4 2 1 1 2 4 8 16 8 4 2 1 1 2 4 8 16 32 18 8 4 2 1

In: Computer Science

The board of directors of Arizona Motor Shops, Inc., authorized the issuance of $1,000,000 face value,...

The board of directors of Arizona Motor Shops, Inc., authorized the issuance of $1,000,000 face value, 10-year, 6 percent bonds dated April 1, 2016, and maturing on April 1, 2026. Interest is payable semiannually on April 1 and October 1.

DATE

TRANSACTIONS FOR 2016

Apr. 1

Issued $300,000 face value bonds at 102.2.

Oct. 1

Paid the semiannual interest on the outstanding bonds and amortized the bond premium. (Make two entries. Use the straight-line method to compute the amortization.)

Dec. 31

Recorded the adjusting entry for accrued interest and amortization of the bond premium for three months. (Make one entry.)

31

Closed the Bond Interest Expense account to the Income Summary account.

DATE

TRANSACTIONS FOR 2017

Jan. 1

Reversed the adjusting entry made on December 31, 2016.

1.

Record the transactions below in general journal form.

Issued $300,000 face value bonds at 102.2.

Record the payment of semiannual bond interest for the bond issued on April 1

Record the amortization of the premium for the bond issued on April 1.

Recorded the adjusting entry for accrued interest and amortization of the bond premium for three months.

Closed the Bond Interest Expense account to the Income Summary account.

Reversed the adjusting entry made on December 31, 2016.

Analyze:

If the reversing entry was not recorded, what entry would be required when the interest expense is paid in April 2017?

Record the entry for interest expenses paid on bonds, if the reversing entry was not recorded.

In: Accounting

5a) If MSG Corporation issued $102,000 of 3-year, 7% bonds outstanding on December 31, 2020 for...

5a) If MSG Corporation issued $102,000 of 3-year, 7% bonds outstanding on December 31, 2020 for $106,000. The bonds pay interest annually and MSG uses straight-line amortization. On May 1, 2021, $10,200 of the bonds were retired at 120. As a result of the retirement, MSG will report: (Do not round intermediate calculations and round final answer to nearest whole dollar.)

Multiple Choice

  • a $1,640 loss.

  • a $1,684 loss.

  • a $3,280 loss.

  • a $3,280 gain.

5b) But then on January 1, 2021, MSG Corporation had outstanding $1,000,000 of 8% bonds with a book value of $967,500. The indenture specified a call price of $984,000. The bonds were issued previously at a price to yield 10% and interest payable semi-annually on July 1 and January 1. MSG Corporation called the bonds (retired them) on July 1, 2021. What is the amount of the loss on early extinguishment?

Multiple Choice

  • $0.

  • $7,778.

  • $8,125.

  • $8,375.

5c) Now supposed that on January 1, 2016, MSG Corporation issued 3,400 of its 9%, $1,000 bonds for $3,500,000. These bonds were to mature on January 1, 2026, but were callable at 101 any time after December 31, 2019. Interest was payable semiannually on July 1 and January 1. On July 1, 2021, MSG Corporation called all of the bonds and retired them. The bond premium was amortized on a straight-line basis. Before income taxes, MSG Corporation's gain or loss in 2021 on this early extinguishment of debt was:

Multiple Choice

  • $34,000 loss.

  • $84,000 gain.

  • $11,000 gain.

  • $21,000 gain.

In: Accounting