Hearne Company has a number of potential capital investments. Because these projects vary in nature, initial investment, and time horizon, management is finding it difficult to compare them. Assume straight line depreciation method is used.   

Project 1: Retooling Manufacturing Facility

This project would require an initial investment of $5,700,000. It would generate $1,018,000 in additional net cash flow each year. The new machinery has a useful life of eight years and a salvage value of $1,204,000.

Project 2: Purchase Patent for New Product

The patent would cost $3,995,000, which would be fully amortized over five years. Production of this product would generate $838,950 additional annual net income for Hearne.

Project 3: Purchase a New Fleet of Delivery Trucks

Hearne could purchase 25 new delivery trucks at a cost of $200,000 each. The fleet would have a useful life of 10 years, and each truck would have a salvage value of $6,700. Purchasing the fleet would allow Hearne to expand its customer territory resulting in $1,050,000 of additional net income per year.


Required:
1. Determine each project's accounting rate of return. (Round your answers to 2 decimal places.)

       

2. Determine each project's payback period. (Round your answers to 2 decimal places.)

       

3. Using a discount rate of 10 percent, calculate the net present value of each project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.)

       

4. Determine the profitability index of each project and prioritize the projects for Hearne. (Round your intermediate calculations to 2 decimal places. Round your final answers to 4 decimal places.)

    

Hearne Company has a number of potential capital investments. Because these projects vary in nature, initial investment, and time horizon, management is finding it difficult to compare them. Assume straight line depreciation method is used.   

Project 1: Retooling Manufacturing Facility

This project would require an initial investment of $5,300,000. It would generate $946,000 in additional net cash flow each year. The new machinery has a useful life of eight years and a salvage value of $1,108,000.

Project 2: Purchase Patent for New Product

The patent would cost $3,715,000, which would be fully amortized over five years. Production of this product would generate $631,550 additional annual net income for Hearne.

Project 3: Purchase a New Fleet of Delivery Trucks

Hearne could purchase 25 new delivery trucks at a cost of $160,000 each. The fleet would have a useful life of 10 years, and each truck would have a salvage value of $5,900. Purchasing the fleet would allow Hearne to expand its customer territory resulting in $680,000 of additional net income per year.

Required:
1. Determine each project's accounting rate of return. (Round your answers to 2 decimal places.)

       

2. Determine each project's payback period. (Round your answers to 2 decimal places.)

       

3. Using a discount rate of 10 percent, calculate the net present value of each project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.)

       

4. Determine the profitability index of each project and prioritize the projects for Hearne. (Round your intermediate calculations to 2 decimal places. Round your final answers to 4 decimal places.)

    

Hearne Company has a number of potential capital investments. Because these projects vary in nature, initial investment, and time horizon, management is finding it difficult to compare them. Assume straight line depreciation method is used.
Project 1: Retooling Manufacturing Facility
This project would require an initial investment of $4,850,000. It would generate $865,000 in additional net cash flow each year. The new machinery has a useful life of eight years and a salvage value of $1,000,000.
Project 2: Purchase Patent for New Product
The patent would cost $3,400,000, which would be fully amortized over five years. Production of this product would generate $425,000 additional annual net income for Hearne.
Project 3: Purchase a New Fleet of Delivery Trucks
Hearne could purchase 25 new delivery trucks at a cost of $115,000 each. The fleet would have a useful life of 10 years, and each truck would have a salvage value of $5,000. Purchasing the fleet would allow Hearne to expand its customer territory resulting in $200,000 of additional net income per year.  

Required:
1. Determine each project's accounting rate of return. (Round your answers to 2 decimal places.)
2. Determine each project's payback period. (Round your answers to 2 decimal places.)
3. Using a discount rate of 10 percent, calculate the net present value of each project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.)
4. Determine the profitability index of each project and prioritize the projects for Hearne. (Round your intermediate calculations to 2 decimal places. Round your final answers to 4 decimal places.)

Graeter’s is thinking about expanding its ice cream flavors. They have created three new flavors of ice cream: (1) Lemon Merengue Pie, (2) Butterscotch, and (3) Banana Cream Pie. They recruit 18 people to participate in their study, and they assign each participant to taste-test one of their new ice cream flavors. After tasting the flavor, participants rate their likelihood of ordering that ice cream flavor on their next trip to Graeter’s, using a scale from 1 (I definitely wouldn’t order this flavor) to 10 (I definitely would order this flavor). The data is as follows:

For this problem, complete the following steps. You must show ALL OF YOUR WORK to receive credit for this problem.(21 pts.)

(1) Identify the two hypotheses. (2 pts.)

(2) Determine the critical region for your decision (use α = 0.05). (3 pts.)

(3) Compute the test statistic. (8 pts.)

(4) Use the test statistic to make a decision and interpret that decision. (1 pt.)

(5) If needed, conduct a post hoc test. (5 pts.)

(6) Compute and interpret η2 as a measure of the effect size.(2 pts.)

1. What is the statistic and its formula to address this research question? [1pt]

3. Fill in the blanks in the table. [2 pt]

4. Calculate the t-value? [2 pt]

5. What is the critical value if alpha = 0.05 for two-tailed test? [2 pt]

6. Do we reject or accept the hypothesis?

7. What is the effect size (Cohen’s d)?

Data A: Students’ Spatial Ability

A student determine the calorimeter constant of the calorimenter, using the procedure described in this module. The student added 50.00 mL of heated, distilled water in a Styrofoam cup. The initial temperature of the cold water was 21.00 C and of the hot water, 29.15 C. The maximum temperature of the mixture was found to be 24.81C. Assume the density of water is 1.00 g mL^-1 and the specific heat is 4.184 J g^-1 K^-1.

1)   Determine the DT for the hot water and the cold water.

2)   Calculate the heat lost by the hot water

3)   Calculate the heat gained by the cold water

4)   Calculate the calorimeter constant, using the DT of the cold water

The student then determined DHneutzn for the reaction of sodium hydroxide and acetic acid, using the procedure describes in this module. The student added 100.0 mL of 0.8404M acetic acid. Prior to and fallowing the mixing of the acid and base solutions, the fallowing temperature-time data were collected.

1. Plot the temperature-time data and determine the mean temperature of the unmixed reagents

2. Determine DT from the graph

3. Calculate the heat absorbed by the reaction mixture. You may assume the density if the reaction mixture was 1.02 g mL^-1 and the specific heat of the reaction mixture was 3.822 J g^-1 K^-1

4. Calculate the amount of heat absorbed by the calorimeter, thermometer, and stirrer, using the calorimeter constant calculated in Question (2) 4.

5. Calculate the total heat absorbed.

6. Find the total heat released by the reaction of 100.0 mL of 0.8500M and 100.0 mL of 0.8404M acetic acid.

7. Identify the limiting reagent and briefly explain why it is limiting

8. Find DHneutzn for the reaction

(D= delta)

QUESTION 1

1. CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following:

   Service	Description	Processing Time	Resource
   A. Wash	Exterior car washing and drying	10 minutes	1 automated washing machine
   B. Wax	Exterior car waxing	15 minutes	1 automated waxing machine
   C. Wheel Cleaning	Detailed cleaning of all wheels	16 minutes	1 employee
   D. Interior Cleaning	Detailed cleaning inside the car	20 minutes	1 employee

   The company offers the following packages to their customers:

   • Package 1: Includes only car wash (service A).

   • Package 2: Includes car wash and waxing (services A and B).

   • Package 3: Car wash, waxing, and wheel cleaning (services A, B, and C).

   • Package 4: All four services (A, B, C, and D).

   Customers of CC Car Wash visit the station at a constant rate (you can ignore any effects of variability) of 50 customers per day. Of these customers, 30 percent buy Package 1, 30 percent buy Package 2, 15 percent buy Package 3, and 25 percent buy Package 4. The mix does not change over the course of the day. The store operates 10 hours a day.

d. What resource has the highest utilization rate? Input 1 for washing machine, input 2 for waxing machine, input 3 for employee at C, input 4 for employee at D.

Your answer is .

For this problem you will create a paired-dependent sample. Select a fast-food restaurant of your choice and ask 8 family/friends to answer the following two questions: 1) On a scale of 1-10, how much do you like to eat fast food? 2) On a scale of 1-10, how much do you like (your chosen restaurant)?

(a) Write down your respondents’ answers in a table.

(b) Create a column of the differences between your respondents’ answers.

(c) Complete a hypothesis test to determine whether individuals feel differently about your chosen restaurant than fast food in general. Please include:

i. The null and alternative hypotheses

ii. The test statistic (and how it was calculated)

iii. The p-value (and how it was calculated)

iv. Your conclusion with α = 0.05. Does this conclusion mean that people feel differently about your restaurant than fast food in general?

a. Mcdonalds

Beyer Company is considering the purchase of an asset for $245,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

a. Compute the net present value of this investment.
b. Should Beyer accept the investment?

Compute the net present value of this investment. (Round your answers to the nearest whole dollar.)

You are asked to evaluate the following two projects for Boring Corporation. Use a discount rate of 12 percent. Use Appendix B.

a. Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.)

PI            

b. Calculate the profitability index for project Y. (Round "PV Factor" to 3 decimal places. Round the final answer to 2 decimal places.)

PI            

c. Using the NPV method combined with the PI approach, which project would you select? Use a discount rate of 12 percent.

• Project Y

• Project X