Questions
The financial data for a corporation is provided to calculate all the following question. Most recent...

The financial data for a corporation is provided to calculate all the following question. Most recent annual common dividend $4.00 Today’s common stock price $50.00 U.S. Treasury 10y annual rate 3 percent Market risk premium 5 percent Equity Risk Premium on Bond Yield 10 percent Number of common shares outstanding 2.5 million Today’s preferred stock price $100.00 Fixed preferred dividend $8.00 Constant growth rate 6 percent Beta β 2.0 Floatation costs for Preferred and common stock issuance 7 percent Market price of the bond $1,100.00 Annual coupon on the bond $70.00 Years to bond maturity 5 years Par value bond $1,000 Number of preferred shares outstanding 200,000 Number of bonds outstanding 200,000 Previous year annual Income Statement (amounts in millions) Sales $200,000 Variable operating costs (60% of sales) (120,000) Gross profit 80,000 Fixed operating costs (40,000) Net operating income (EBIT) 40,000 Interest expense (10,000) Taxable income 30,000 Taxes (12,000) Net income $18,000 Company can raise more debt by selling 50,000 new bonds at the same rate (interest) and receiving the market price of the bond i.e. $1,100. The outstanding 200,000 bonds and the additional 50,000 is the maximum the company can raise in debt. After this amount, the average after tax cost of debt will be increased by 1 percent. In the upcoming annual financial results, the company expects to generate 75 million dollars in retained earnings for the capital budgeting projects. Any requirement of funds beyond this would require issuance of new stock at the market price of $50 per share while maintaining the existing capital structure. Company has following projects for consideration Projects Investment Expected MIRR A $50 million 13 percent B $60 million 10 percent C $100 million 8 percent D $10 million 7.5 percent

Refer to the date set:  The cost of debt at the current market price is:

a.

4.71 percent

b.

7 percent

c.

70 percent

d.

$70

In: Finance

4) A clothing store sells shoes, pants, and tops. The store also allows a customer to...

4) A clothing store sells shoes, pants, and tops. The store also allows a customer to buy an “outfit,” which consists of three items: one pair of shoes, one pair of pants, and one top. Each clothing item has a description and a price. The four type of clothing items are represented by the four classes Shoes, Pants, Top, and Outfit. All four classes implement the following ClothingItem interface.

public interface ClothingItem

{
   /** Return the description of the clothing item *//

   String getDescription();

   /** Return the price of the clothing item */

   double getPrice();

}

The following diagram shows the relationship between the ClothingItem interface and the Shoes, Pants, Top, and Outfit classes.

The store allows customers to create Outfit clothing items, each of which includes a pair of shoes, pants, and a top. The description of the outfit consists of the description of the shoes, pants, and top, in the order, separated by “/” and followed by a space and “outfit”. The price of an outfit is calculated as follows. If the sum of the prices of any two items equals or exceeds $100, there is a 25% discount on the sum of the prices of all three items. Otherwise, there is a 10% discount.

For example, an outfit consisting of sneakers ($40), blue jeans ($50), and a T-shit ($10), would have the name “sneakers/blue jeans/T-shirt outfit” and a price of 0.90(40 + 50 +10) = $90.00. An outfit consisting of loafers ($50), cutoffs ($20), and dress-shirt ($60), would have the description “loafers/cutoffs/dress-shirt outfit” and a price of 0.75(50 + 20 + 60) = $97.50

Write the Outfit class the implements the ClothingItem interface. Your implementation must include a constructor that takes three parameters representing a pair of shoes, pants, and a top, in that order.

A client class that uses the Outfit class should be able to create an outfit, and its description, and get its price. Your implementation should be such that the client code has the following behavior:

Shoes shoes;

Pants pants;

Top top;

/* Code to initialize shoes, pants, and top */

ClothingItem outfit =

   new Outfit(shoes, pants, top); //Compiles without error

ClothingItem outfit =

   new Outfit(pants, shoes, top); //Compile-time error

ClothingItem outdit =

   new Outfit(shoes, top, pants); //Compile-time error

Write your solution below.

In: Computer Science

How to make a flow chart out of this??? To compute the rates you have the...

How to make a flow chart out of this???

To compute the rates you have the following established: 1. Regular service - $6.00 plus first 50 minutes free. Charges for over 50 minutes are $0.20 per minute. 2. Premium service - $15.00 plus: a. For calls made from 6:00am to 6:00pm, the first 75 minutes are free; charges for over 75 minutes are $0.10 per minute. b. For calls made from 6:00pm to 6:00am, the first 100 minutes are free; charges for over 100 minutes are $0.05 per minutes. Task Your task at the moment is to calculate and print out the bill for your customers. Your program should: 1. prompt the user to enter an account number, 2. a service code (type char), a. A service code of r or R means regular service b. A service code of p or P means premium service c. Treat any other character as an error 3. the number of minutes the service was used. Your program should output the account number, type of service, number of minutes the telephone service was used, and the amount due from the user. For the premium service, the customer may be using the service during the day and the night. Therefore, to calculate the bill, you must ask the user to input the number of minutes the service was used during the day and the number of minutes the service was used during the night. Concepts to follow: 1. Assign values to all constant variables that are associated with charges and number of minutes provided in the problem description. 2. The only information the user enters are: account number, type of service, minutes used, and day/night time minutes used based on the plan they have. 3. Remember you are dealing with money therefore should only have 2 decimal places. 4. You must use both a switch statement AND if/else, if/else if’s, or if’s as you see fit. 5. Keep in mind to check for input validation. If validation is incorrect you should have an error message and “kill” your program. 6. Do not use loops

// Cellphone use
#include <iostream>
#include<conio.h>
#include <iomanip>
using namespace std;
int account_number;
float minutes;
char service;
float amount_due;
float day_min;
float night_min;
float regular();
float premium();
int main()
{

cout<< "Please enter your account number: " ;
cin >> account_number;
cout<< "Do you have Regular service or Premium service (r or p)? ";
cin >> service;
// cout<< service <<endl;;
if (service == 'r' || service == 'R')
regular();
else if (service == 'p' || service == 'P')
premium();
else
{
cout<< "Wrong input, program terminated!" << endl;
getch();
return 1;
}
getch();
return 0;

}
float premium()
{

cout<< "How many minutes were used during the day? ";
cin >> day_min;
cout<< "How many minutes were used during the night? ";
cin >>night_min;
if (day_min > 75)
{
amount_due = ((day_min - 75) * .10)+ 15.00;
}
if (night_min > 100)
{
amount_due = ((day_min - 100) * .05)+ 15.00;
}
amount_due = amount_due + 15.00;
cout<< fixed << showpoint << setprecision(2);
cout<< "Amount due: $" << amount_due << endl;
cout<< "Account number: "<< account_number <<endl;
cout<< "Service type: "<< service << endl;
cout<< "Minutes used: "<< (day_min+night_min) <<endl;


return 0;
}
float regular ()
{
cout<< "How many minutes were used? ";
cin >> minutes;
if (minutes <= 50.00)
{
amount_due = 6.00;
cout<< fixed << showpoint << setprecision(2);
cout<< "Amount due: $" << amount_due << endl;
cout<< "Account number: "<< account_number <<endl;
cout<< "Service type: "<< service << endl;
cout<< "Minutes used: "<< minutes <<endl;

}
else
{
amount_due = ((minutes -50.00) * 0.20);
cout<< setw(2) << showpoint << setprecision(3)<< "Amount due: $"<< amount_due << endl;
cout<< "Account number: "<< account_number <<endl;
cout<< "Service type: "<< service << endl;
cout<< "Minutes used: "<< minutes <<endl;
}
getch();
return 0;

}

In: Computer Science

Required information Problem 6-6B Record transactions using a perpetual system, prepare a partial income statement, and...

Required information

Problem 6-6B Record transactions using a perpetual system, prepare a partial income statement, and adjust for the lower of cost and net realizable value(LO6-2, 6-3, 6-4, 6-5, 6-6)

[The following information applies to the questions displayed below.]

At the beginning of November, Yoshi Inc.’s inventory consists of 64 units with a cost per unit of $96. The following transactions occur during the month of November.

November 2 Purchase 80 units of inventory on account from Toad Inc. for $100 per unit, terms 1/10, n/30.
November 3 Pay cash for freight charges related to the November 2 purchase, $320.
November 9 Return 16 defective units from the November 2 purchase and receive credit.
November 11 Pay Toad Inc. in full.
November 16 Sell 100 units of inventory to customers on account, $12,600. [Hint: The cost of units sold from the November 2 purchase includes $100 unit cost plus $5 per unit for freight less $1 per unit for the purchase discount, or $104 per unit.]
November 20 Receive full payment from customers related to the sale on November 16.
November 21 Purchase 56 units of inventory from Toad Inc. for $106 per unit, terms 3/10, n/30.
November 24 Sell 70 units of inventory to customers for cash, $7,700. (Note: For calculating the cost of inventory sold, ignore the possible purchase discount on November 20.)

2. Suppose by the end of November that the remaining inventory is estimated to have a net realizable value per unit of $82, record any necessary adjustment for the lower of cost and net realizable value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

November 30 Costs of Goods Sold ???

   Inventory ???

In: Accounting

Four brands of lightbulbs are being considered for use in the final assembly area of the...

Four brands of lightbulbs are being considered for use in the final assembly area of the Ford F-150 truck plant in Dearborn, Michigan. The director of purchasing asked for samples of 100 from each manufacturer. The numbers of acceptable and unacceptable bulbs from each manufacturer are shown below. At the 0.10 significance level, is there a difference in the quality of the bulbs? (Round your answers to 3 decimal places.)

Manufacturer
A B C D
  Unacceptable 5 19 18 11
  Acceptable 95 81 82 89
     Total 100 100 100 100

H0: There is no relationship between quality and manufacturer.
H1: There is a relationship.

Reject H0 if 2 > _______ , 2 = ________

(reject/accept) Ho. There is _________ evidence to indicate that there is a relationship between quality and manufacturer.

In: Statistics and Probability

please show the answer in steps. 1)What is the change in entropy when a) 100 g...

please show the answer in steps.

1)What is the change in entropy when a) 100 g of ice is melted at 0 ℃ b) 100 g of water is vaporized to 100

Use the values for each step to calculate the change in entropy when 100 g of ice at 0 ℃ is transformed to water vapor at 100 at ℃ . Suppose that the changes are brought about by a heater that supplies at a constant rate and sketch a graph showing a) the change in temperature of the system b) the enthalpy of the system, c) the entropy of the system as a function of time.

2)The average of the enthalpy of vaporization of propanone, C3H6O over the temperature range of 280 to 340 K is 30.2 kJ/mol. The vapor pressure is 30.600 kPa at 298.15 K. Estimate the normal boiling temperature of propanone.

In: Chemistry

One Laptop per Child Nicholas Negroponte is the founder of the MIT Media Lab and has...

One Laptop per Child Nicholas Negroponte is the founder of the MIT Media Lab and has spent his career pushing the edge of the information revolution as an inventor, thinker, and angel investor. His latest project, One Laptop per Child, plans to build $100 laptops that he hopes to put in the hands of millions of children in developing countries around the globe. The XO (the "$100 laptop") is a wireless, Internet-enabled, pedal-powered computer costing roughly $100. What types of competitive advantages could children gain from Negroponte's $100 laptop? What types of issues could result from the $100 laptop? Explain each of the efficiency metrics and effectiveness metrics that are required for each laptop to be considered successful.

In: Accounting

A certain object has a mass m $ 100 kg and is acted on by a force

A certain object has a mass m $ 100 kg and is acted on by a force f (t) = 500[2 – e-t sin(5πt)] N. The mass is at rest at t = 0. Use MuPAD to compute the object’s velocity at t = 5 s. The equation of motion is mυ̇ = f(t).

In: Mechanical Engineering

find the accumulated value of $100 at the end of two years if thenominal annual...

find the accumulated value of $100 at the end of two years if the nominal annual rate of discount is 7% once every four years

In: Finance

Suppose you receive $100 at the end of each year for the nextthree years.What...

Suppose you receive $100 at the end of each year for the next three years.

What is the future value in three years at 8% interest?

In: Finance