Questions
In 2015, the Keenan Company paid dividends totaling $2,740,000 on net income of $12 million. Note...

In 2015, the Keenan Company paid dividends totaling $2,740,000 on net income of $12 million. Note that 2015 was a normal year and that for the past 10 years, earnings have grown at a constant rate of 4%. However, in 2016, earnings are expected to jump to $19.2 million and the firm expects to have profitable investment opportunities of $9.6 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionally profitable new product line introduced that year. After 2016, the company will return to its previous 4% growth rate. Keenan's target capital structure is 40% debt and 60% equity.

Regular-dividend $
Extra dividend $
  1. Calculate Keenan's total dividends for 2016 assuming that it follows each of the following policies: (Write out your answers completely. For example, 25 million should be entered as 25,000,000.)
    1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.
      $

    2. It continues the 2015 dividend payout ratio. Round your answer to the nearest cent. Do not round intermediate calculations.
      $

    3. It uses a pure residual dividend policy (40% of the $9.6 million investment is financed with debt and 60% with common equity). Round your answer to the nearest cent.
      $

    4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual dividend policy. Round your answer to the nearest cent.

  2. Which of the preceding policies would you recommend?
    -Select-Policy 1Policy 2Policy 3Policy 4Item 6

  3. Assume that investors expect Keenan to pay total dividends of $8,000,000 in 2016 and to have the dividend grow at 4% after 2016. The stock's total market value is $210 million. What is the company's cost of equity? Round your answer to two decimal places.
    %

  4. What is Keenan's long-run average return on equity? [Hint: g = Retention rate x ROE = (1.0 - Payout rate)(ROE).] Do not round intermediate calculations. Round your answer to two decimal places.
    %

  5. Does a 2016 dividend of $8,000,000 seem reasonable in view of your answers to parts c and d? If not, should the dividend be higher or lower?
    Yes or No it should be lower or No, it should be higher

In: Finance

ALTERNATIVE DIVIDEND POLICIES In 2015, the Keenan Company paid dividends totaling $2,390,000 on net income of...

ALTERNATIVE DIVIDEND POLICIES

In 2015, the Keenan Company paid dividends totaling $2,390,000 on net income of $10 million. Note that 2015 was a normal year and that for the past 10 years, earnings have grown at a constant rate of 4%. However, in 2016, earnings are expected to jump to $17 million and the firm expects to have profitable investment opportunities of $7.4 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionally profitable new product line introduced that year. After 2016, the company will return to its previous 4% growth rate. Keenan's target capital structure is 40% debt and 60% equity.

Regular-dividend $
Extra dividend $
  1. Calculate Keenan's total dividends for 2016 assuming that it follows each of the following policies: (Write out your answers completely. For example, 25 million should be entered as 25,000,000.)
    1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.
      $

    2. It continues the 2015 dividend payout ratio. Round your answer to the nearest cent. Do not round intermediate calculations.
      $

    3. It uses a pure residual dividend policy (40% of the $7.4 million investment is financed with debt and 60% with common equity). Round your answer to the nearest cent.
      $

    4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual dividend policy. Round your answer to the nearest cent.

  2. Which of the preceding policies would you recommend?
    -Select-Policy 1Policy 2Policy 3Policy 4Item 6

  3. Assume that investors expect Keenan to pay total dividends of $10,000,000 in 2016 and to have the dividend grow at 4% after 2016. The stock's total market value is $170 million. What is the company's cost of equity? Round your answer to two decimal places.
    %

  4. What is Keenan's long-run average return on equity? [Hint: g = Retention rate x ROE = (1.0 - Payout rate)(ROE).] Do not round intermediate calculations. Round your answer to two decimal places.
    %

  5. Does a 2016 dividend of $10,000,000 seem reasonable in view of your answers to parts c and d? If not, should the dividend be higher or lower?

In: Finance

Can someone find what's wrong? If I don't use the last main method Netbeans says that...

Can someone find what's wrong? If I don't use the last main method Netbeans says that there is no main method. I can't figure out what's wrong.

This was the prompt:

Design a class named triangle that extends geometricObject. For this, you should have created a GeometricObject class first. The class contains:

  • Three double datafields named side1, side2, side3 with default value 1.0.
  • A no arg constructor that creates a default triangle.
  • A constructor that creates a triangle with specified side1, side2 and side3.
  • A method named getPerimeter() that returns the perimeter of a triangle.
  • A method name toString that returns the string description of a triangle.(including color and filled)

Your main method should create a triangle object and display it using toString()

This is my code:

package geometricobject;

/**
*
*
*/
public class GeometricObject {

/**
* @param args the command line arguments
*/
private String color = "white";
private boolean filled;
private java.util.Date dateCreated;

public GeometricObject() {
dateCreated = new java.util.Date();
}

public GeometricObject(String color, boolean filled) {
dateCreated = new java.util.Date();
this.color = color;
this.filled = filled;
}

public String getColor() {
return color;
}

public void setColor(String color) {
this.color = color;
}

public boolean isFilled() {
return filled;
}

public void setFilled(boolean filled) {
this.filled = filled;
}

public java.util.Date getDatecreated() {
return dateCreated;
}
  
public String toString() {
return "created on" + dateCreated + "\ncolor: " + color+ " and filled: " + filled;
}
  


public class triangle extends GeometricObject
{
private double side1;
private double side2;
private double side3;
  
public triangle() {
side1 = 1;
side2 = 1;
side3 = 1;
}
  
public triangle(double side1, double side2, double side3) {
this.side1 = side1;
this.side2 = side2;
this.side3 = side3;
}
public double getSide1() {
return side1;
}
public double getSide2() {
return side2;
}
public double getSide3() {
return side3;
}
public void setSide1(double side1) {
this.side1 = side1;
}
public void setSide2(double side2) {
this.side2 = side2;
}
public void setSide3(double side3) {
this.side3 = side3;
}
public double getArea() {
double n = (side1+side2+side3) / 2.0;
return Math.sqrt(n*(n-side1)*(n-side2)*(n-side3));
}
public double getPerimeter() {
return side1 + side2 + side3;
}
  
@Override
public String toString() {
return super.toString() + "Triangle: side1 = " + side1 + " side2 = " + side2 + "side3 = " + side3 ;

}}}

In: Computer Science

Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the...

Waterbury Insurance Company wants to study the relationship between the amount of fire damage and the distance between the burning house and the nearest fire station. This information will be used in setting rates for insurance coverage. For a sample of 30 claims for the last year, the director of the actuarial department determined the distance from the fire station (X) and the amount of fire damage, in thousands of dollars (Y). The MegaStat output is reported below.

  ANOVA table
  Source SS df MS F
  Regression 1,865.5782 1 1,865.5782 39.71
  Residual 1,315.4934 28 46.9819
  Total 3,181.0716 29
  Regression output
  Variables Coefficients Std. Error t(df=28)
  Intercept 12.5538 3.0301 3.678
  Distance-X 3.4664 8.63 6.3
(a-1) Write out the regression equation. (Round your answers to 3 decimal places.)
  Y =  +  X.
(a-2)

Is there a direct or indirect relationship between the distance from the fire station and the amount of fire damage?

  The relationship between distance and damage is (Click to select)directinverse.
(b)

How much damage would you estimate (in dollars) for a fire 10 miles from the nearest fire station? (Round your answer to the nearest dollar amount.)

  Estimated damage $   
(c-1) Determine the coefficient of determination. (Round your answer to 3 decimal places.)
  Coefficient of determination   
(c-2)

Fill in the blank below. (Round your answer to 1 decimal place.)

  % of the variation in damage is explained by variation in distance.
(d-1) Determine the coefficient of correlation. (Round your answer to 3 decimal places.)
  Coefficient of correlation   
(d-2) Choose the right option.
  There is a fairly solid (Click to select)directinverse link between the variables.
(d-3) How did you determine the sign of the correlation coefficient?
  It is (Click to select)zeronegativepositive because the slope is (Click to select)negativepositivezero.
(e-1)

State the decision rule for 0.01 significance level: H0 : ρ = 0; H1 : ρ ≠ 0. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)

  Reject H0 if t <  or t >
(e-2) Compute the value of the test statistic. (Round your answer to 2 decimal places.)
  Value of the test statistic   
(e-3)

Is there any significant relationship between the distance from the fire station and the amount of damage? Use the 0.01 significance level.

  (Click to select)Do not rejectReject H0. There is (Click to select)no significantsignificant relationship between distance and fire damage.


In: Statistics and Probability

a case study with research San Pico is a rapidly growing Latin American developing country. The...

a case study with research

San Pico is a rapidly growing Latin American developing country. The country is blessed with miles of scenic beaches that have attracted tourists by the thousands in recent years to new resort hotels financed by joint ventures of San Pico businessmen and moneymen from the Middle East, Japan, and the United States. Additionally, San Pico has good natural harbors that are conducive for receiving imported merchandise from abroad and exporting merchandise produced in San Pico and other surrounding countries that lack access to the sea. Because of these advantages, many new businesses are being started in San Pico.

Presently, stock is traded in a cramped building in La Cobijio, the nation’s capital. Admittedly, the San Pico Stock Exchange system is rather archaic. Twice a day an official of the exchange will call out the name of each of the 43 companies whose stock trades on the exchange. Brokers wanting to buy or sell shares for their clients then attempt to make a trade with one another. This crowd trading system has worked well for over one hundred years, but the government desires to replace it with a new modern system that will allow greater and more frequent opportunities for trading in each company, and will allow for trading the shares of the many new start-up companies that are expected to trade in the secondary market. Additionally, the government administration is rapidly privatizing many state-owned businesses in an attempt to foster their efficiency, obtain foreign exchange from the sale, and convert the country to a more capitalist economy. The government believes that it could conduct this privatization faster and perhaps at more attractive prices if it had a modern stock exchange facility where the shares of the newly privatized companies will eventually trade.

You are an expert in the operation of secondary stock markets and have been retained as a consultant to the San Pico Stock Exchange to offer your expertise in modernizing the stock market.

Should they implement a modernized floor (outcry) and automated trading system such as the New York Stock Exchange? Provide an explanation as to how this would be feasible or not.

Would a system such as the NASDAQ be more beneficial considering the size of the country? Explain.

Explain the significant role played by the new exchange in facilitating capital market activity.

Explain why in its present state the exchange may or may not promote requisite liquidity and its significance.

Briefly discuss a regulatory framework needed to assure market integrity.

Discuss potential listing requirements.

How would the exchange serve as a barometer of economic activity?

In: Finance

Maria’s Bakery was established in 1950 when Jerry and Maria arrived from a northern province of...

Maria’s Bakery was established in 1950 when Jerry and Maria arrived from a northern province of Italy and made their home in Brighton, Massachusetts. Bakers by trade in the “old country”, their goal was to establish a bakery.
Brighton is a city located some five miles west of Boston which became a destination for many immigrant Italian families in the 1950s. With an already established target market for Jerry and Maria, it was not difficult to develop a clientele for the breads and pastries that were a part of the Italian lifestyle. The bakery made its debut in the small kitchen of a row house that became the first home of the young immigrant couple.
The couple started a family early on and brought into the world two sons, Bruno and Paulo, who would both be raised in the midst of the family business. In the 1960s the business finally moved out of the cluttered row home into retail space in the center of town. The business was established and opened under the name of Maria’s Italian Bakery.
By the 1990s, Jerry and Maria were getting ready for retirement. The business had stopped growing many years ago and they were ready to hopefully pass it on to their two sons. Both boys had attended college and moved on to their own careers, but were interested in taking over the family business.
At this point in time, the demographics of Brighton had changed dramatically. The Italian population, which at one time was the majority ethnic group, had dwindled significantly. Brighton, just as it had in the 1950s, now became a haven for many other ethnic groups such as Indians, Pakistanis, and Hispanics. The large Italian population, tired of the cramped city landscape, had moved to the suburbs.
Bruno and Paulo, using the education that their parents worked so hard to give them, recognized the shift in demographics and recommended to their parents that the bakery name be changed to Maria’s Bakery. This, in their estimation, would open the door to carry other bakery products to meet the needs of the demographics now dominate in the Newton market.
Jerry and Maria were very upset at this recommendation, but realized that they worked hard for their children’s education and should listen to their proposal. They agreed and asked the boys to enlist the services of a marketing research consultant to back up their claims.
You have been hired as that consultant and your job is to establish a plan to gather enough data to support a name and product assortment change. Because this is a fictitious scenario, you will not be expected to collect primary data. This is a proposal explaining how you intend to make your final recommendations to the owners.
Your report must include the following:
Define the problem, and then Explain the research objectives.

In: Finance

In which society/societies does the balance of power between men and women shift to men? Select...

In which society/societies does the balance of power between men and women shift to men? Select one:

A. Hunting and Gathering B. Industrial C. Postindustrial D. Horticultural and Agricultural

Which of the following family names is a member of the lower-upper class or the "nouveau riche"? Select one:

A. Bill and Melinda Gates, who founded Microsoft B. the DuPont family, who arrived in America in the 18th century C. the Carnegie family, who built America's steel empire D. the Rockefeller family, who became the oil barons of the 19th century

When it comes to race relations this is an important principle to understand: Select one:

A. People act on perceptions and beliefs, not facts. B. There are only four pure races. C. Interracial marriage, the superior race gets inferior traits. D. Race is one of the most important reasons that people do what they do.

Policies set by the federal government largely determined the fate of ______. These policies evolved through several stages which includes separation, extermination, and forced assimilation. Select one:

A. Native Americans B. Mexican Americans C. Japanese Americans D. African Americans

According to this perspective, children must first learn the meaning of "girl" and "boy" and then place themselves in the appropriate category. Select one:

A. Gender equity B. Symbolic Interactionist C. Conflict D. Functionalist

Within a _____ system, a fixed social position is determined at birth; within a _____ system, a person's social position can change over time. Select one:

A. Caste; Class B. Party; Status C. Educational; Income D. Class; Caste

_____ are one of the most disadvantaged groups in the United States. Anywhere from 50 to 80 percent are unemployed and their suicide rate is twice the national average. Select one:

A. African Americans B. Cuban Americans C. Puerto Rican Americans D. Native Americans

According to this ideology, all causes of inequality are related to each other. Thus, the inequality women experience because of their gender may be reinforced by their social class or race. Select one:

a. libertarian b. gender equity c. women's movement d. inclusive feminism

In the winter of 1838-1839, the U.S. Army rounded up 15,000 Cherokees and forced them to walk 1,000 miles from the Carolinas and Georgia to Oklahoma. This event is called: Select one:

A. Trail of Tears B. Native Assimilation C. The Cherokee Roundup D. The Warning Shot

According to this view, the inequality that women experience because of their gender may be reinforced by their social class and racial characteristics. Select one:

A. Inclusive feminism B. Glass ceiling C. Gender equality D. Feminism

In: Economics

You are in the middle of your shift in the coronary care unit (CCU) of a...

You are in the middle of your shift in the coronary care unit (CCU) of a large urban medical center. Your
new admission, C.B., a 47-year-old woman, was just flown to your institution from a small rural community
more than 100 miles away. She had a STEMI (ST segment elevation myocardial infarction) last
evening. Her current vital signs (VS) are 100/60, 86, 14. After you make C.B. comfortable, you receive
this report from the flight nurse: “C.B. is a full-time homemaker with four children. She has had episodes
of 'chest tightness' with exertion for the past year, but this is her first known MI. She has a history of
hyperlipidemia and has smoked one pack of cigarettes daily for 30 years. Surgical history consists of total
abdominal hysterectomy 10 years ago after the birth of her last child. She has no other known medical
problems. Yesterday at 8 pm, she began to have severe substernal chest pain that referred into her neck
and down both arms. She rated the pain as 9 or 10 on a 0-to-10 scale. She thought it was severe indigestion
and began taking Maalox with no relief. Her husband then took her to the local emergency department,
where a 12-lead electrocardiogram (ECG) showed hyperacute ST elevation in the inferior leads II,
III, aVF and V5 to V6. Before tissue plasminogen activator could be given, she went into ventricular fibrillation
(V-fib). CPR was started and when the code team arrived, she was successfully defibrillated after
two shocks. She then was started on nitroglycerin (NTG), heparin, and amiodarone drips. She was given
IV metoprolol and aspirin 325 mg to chew and swallow. This morning her systolic pressure dropped into
the 80s, and she was placed on a low-dose norepinephrine drip and urgently flown to your institution for
coronary angiography and possible percutaneous transluminal coronary angioplasty. Currently, she has
amiodarone infusing at 1 mg/min, heparin at 1200 units/hr, and norepinephrine at 0.5 mcg/kg/min. The
NTG has been stopped because of low blood pressure. Laboratory work that was done yesterday showed
Na 145 mEq/L, K 3.6 mEq/L, HCO3 19 mEq/L, BUN 9 mg/dL, creatinine 0.8 mg/dL, WBC 14,500/mm3, Hct
44.3%, and Hgb 14.5 g/dL.”

Please help me write the SBAR for this case

In: Nursing

Mr. Lopez is an 85 year-old Hispanic man who was admitted to the hospital with complaints of fatigue, decreased appetite, and a 25 pound weight loss over the past six months

Group 4:          

Course Project Case Study: Mr. Lopez is an 85 year-old Hispanic man who was admitted to the hospital with complaints of fatigue, decreased appetite, and a 25 pound weight loss over the past six months. He also reports change in his short term memory. He used to be active with his local retired friends and walked 1.5 miles a day but now spends most of his time in his recliner watching television. He has a medical history of coronary artery disease and hypertension.

Orders include:

Regular diet, calorie count

Ensure shakes TID daily

Ambulate TID daily, stand by assist

Daily weights

Warfarin 2 mg PO daily

Digoxin 125 mcg PO daily

Atorvastatin 20 mg PO daily

Escitalopram 10 mg PO daily

Metoprolol 50 mg PO BID

Do not resuscitate

1. Medical history- Describe the pathophysiology of the medical diagnoses of your assigned patient. Include the admitting diagnosis as number one and then four other medical diagnoses (for a total of 5). The admitting diagnosis is reason for being in the facility. If post-surgical, include surgery and reason for surgery. The secondary diagnoses include a history of pre-existing medical diagnoses). You need to include 4 secondary diagnoses. If your patient does not have a total of five medical diagnoses put N/A - you must note that in your paper or you will lose points. For each diagnosis, provide at least a 5 sentence explanation of the pathophysiology of the condition/problem. MAKE SURE YOU CITE YOUR SOURCES.   

2. Nursing Care Plan- 4 nursing diagnoses, one short-term and one long-term goal PER NURSING DIAGNOSIS, and three interventions PER NURSING DIAGNOSIS (not per goal, unless you want to). Prioritize per Maslow with an explanation and an expected evaluation. Make sure to include a teaching plan in your care plan.  Upload the table below into your paper. Include the following in your paper: Which of your nursing diagnoses are priority using Maslow’s Hierarchy of Needs? If you were to implement this plan of care, would you expect any of your short-term expected outcomes met during your shift? Explain. How might you revise your care plan next time to achieve at least one outcome during your shift?

In: Nursing

A company with a large fleet of cars hopes to keep gasoline costs down and sets...

A company with a large fleet of cars hopes to keep gasoline costs down and sets a goal of attaining a fleet average of at least

2424

miles per gallon. To see if the goal is being​ met, they check the gasoline usage for

5050

company trips chosen at​ random, finding a mean of

22.0522.05

mpg and a standard deviation of

5.555.55

mpg. Is this strong evidence they have failed to attain their fuel economy​ goal? Complete parts a through e below.

​a) Write appropriate hypotheses.

Which hypotheses below will test if the company failed to attain their​ goal?

A.

Upper H 0H0​:

muμequals=2424

Upper H Subscript Upper AHA​:

muμnot equals≠2424

B.

Upper H 0H0​:

muμless than<2424

Upper H Subscript Upper AHA​:

muμequals=2424

C.

Upper H 0H0​:

muμgreater than>2424

Upper H Subscript Upper AHA​:

muμequals=2424

D.

Upper H 0H0​:

muμnot equals≠2424

Upper H Subscript Upper AHA​:

muμequals=2424

E.

Upper H 0H0​:

muμequals=2424

Upper H Subscript Upper AHA​:

muμgreater than>2424

F.

Upper H 0H0​:

muμequals=2424

Upper H Subscript Upper AHA​:

muμless than<2424

​b) Are the necessary assumptions to perform inference​ satisfied?

A.

​No, the nearly normal condition is not satisfied.

B.

​No, the randomization condition is not satisfied.

C.

​No, the​ 10% condition is not satisfied.

D.

​Yes, all the necessary assumptions are satisfied or can be assumed to be satisfied.

​c) Test the hypothesis and find the​ P-value.

The​ P-value is

nothing.

​(Round to three decimal places as​ needed.)

​d) Explain what the​ P-value means in this context.

Choose the correct answer below.

A.The​ P-value is the probability of obtaining a sample mean of

22.0522.05

mpg or more if the mean mileage of the fleet is

2424

mpg.

B.The​ P-value is the probability that the mean mileage of the fleet is greater than or equal to the proposed mean of

2424

mpg.

C.The​ P-value is the probability that the mean mileage of the fleet is

22.0522.05

mpg rather than the proposed mean of

2424

mpg.

D.The​ P-value is the probability of obtaining a sample mean of

22.0522.05

mpg or less if the mean mileage of the fleet is

2424

mpg.

​e) State an appropriate conclusion.

Since the​ P-value is

less

greater

than any reasonable level of​ significance, the data

provide

fail to provide

sufficient evidence to reject the null hypothesis.

In: Statistics and Probability