1. Create a Java class named Package that contains the following:

1. Package should have three private instance variables of type double named length, width, and height.

2. Package should have one private instance variable of the type Scanner named input, initialized to System.in.

3. No-args (explicit default) public constructor, which initializes all three double instance variables to 1.0.  

4. Initial (parameterized) public constructor, which defines three parameters of type double, named length, width, and height, which are used to initialize the instance variables of same name.

5. Public copy constructor, with a parameter of type Package, used to duplicate an existing Package object.

6. Three public void methods named inputLength, inputWidth, and inputHeight. Each method will prompt the user for the appropriate property, and input a double value using the Scanner object input to initialize the instance variables

7. A public void method named displayDimensions which prints the dimensions as length X width X height (each value separated by a “ X “).

8. A public method of type double named calcVolume that calculates the volume and returns the result as a double value.

2. Create a class named Shipment

1. The program must ask for two separate packages to ship

2. The program must calculate the cost difference using the difference in volume:

i.e. The base price for a package with volume <=1 is $3, for every unit increase in volume, the cost increases by $1

e.g. 1: a parcel with volume 4, the cost is $3+ $1 +$1 +$1 = $6

e.g. 2: a parcel with volume 2.5, the cost is $3 + $1.5 = $4.5

3. Give the following (in order of priority):  

1. If there is no difference, display the costs as the same  

2. If the cost of one is less than twice the other, display that it is “slightly more than”  

3. If the cost of one is less than three times the other, display that it is “twice”  

4. If the cost of one is less than four times the other, display that it is “triple”  

5. If the cost of one is less than five times the other, display that it is “quadruple”  

6. Otherwise, display that as a calculated multiple

3. The program must indicate the more costly package (if not same cost) and by how much  

4. The program must calculate and display the appropriate message (including proper dimension and cost format)  

5. Your code also does NOT (YET) need to worry if the user inputs an invalid value for the input (example: invalid length). We will implement this in a future assignment.

6. The output of your code must match the samples.  

7. You must change the title i.e. Welcome to John Doe’s shipping calculator!

Kaelea, Inc., has no debt outstanding and a total market value of $153,000. Earnings before interest and taxes, EBIT, are projected to be $9,500 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 20 percent higher. If there is a recession, then EBIT will be 30 percent lower. The company is considering a $45,300 debt issue with an interest rate of 5 percent. The proceeds will be used to repurchase shares of stock. There are currently 5,100 shares outstanding. Assume the company has a market-to-book ratio of 1.0.

a. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued, assuming no taxes. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the percentage changes in ROE when the economy expands or enters a recession, assuming no taxes. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, e.g., 32.)

  
Assume the firm goes through with the proposed recapitalization and no taxes.

c. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

d. Calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Assume the firm has a tax rate of 35 percent.

e. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued. Also, calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

f. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. Also, calculate the percentage changes in ROE for economic expansion and recession, assuming the firm goes through with the proposed recapitalization. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

1A) Nicholas has built a 16,000 dollar stock portfolio with a beta of 1.2, an expected return of 10.8 percent, and a standard deviation of 25%. Melinda also has a 16,000 dollar portfolio, but it has a beta of 0.8, an expected return of 9.2 percent, and a standard deviation that is also 25%. The correlation coefficient between Nicholas' and Melinda's portfolios is zero. If Nicholas and Melinda marry and combine their portfolios, which of the following best describes their combined $32,000 portfolio?

- The combined portfolio's expected return will be greater than the simple weighted average of the expected returns of the two individual portfolios, 10.0%.

- The combined portfolio's standard deviation will be equal to a simple average of the two portfolios' standard deviations, 25%.

- The combined portfolio's beta will be equal to a simple weighted average of the betas of the two individual portfolios, 1.0; its expected return will be equal to a simple weighted average of the expected returns of the two individual portfolios, 10.0%; and its standard deviation will be less than the simple average of the two portfolios' standard deviations, 25%.

- The combined portfolio's standard deviation will be greater than the simple average of the two portfolios' standard deviations, 25%.

1B) Stock A has an expected return of 11 percent, a beta of 0.9, and a standard deviation of 15 percent. Stock B also has a beta of 0.9, but its expected return is 9 percent and its standard deviation is 13 percent. Portfolio AB has $900,000 invested in Stock A and $300,000 invested in Stock B. The correlation between the two stocks' returns is zero. Which of the following statements is CORRECT?

- The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is overvalued.

- Portfolio AB's expected return is 11.0%.

- The stocks are not in equilibrium based on the CAPM; if A is valued correctly, then B is undervalued.

- Portfolio AB's beta is less than 1.2.

1C) Suppose you obtain the following information regarding Companies Facebook and Uber:

• Company Facebook has a higher expected return than Company Uber.
• Company Facebook has a lower standard deviation of returns than Company Uber.
• Company Facebook has a higher beta than Company Uber.

Given this information, which of the following statements is CORRECT?

- Company Facebook's stock is a better buy than Company Uber's stock.

- Company Facebook has more diversifiable risk than Company Uber.

- Company Facebook's returns will be negative when Uber's returns are positive.

- Company Facebook has a lower coefficient of variation than Company Uber.

Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.

The company presently operates the machine for a single eight-hour shift for 22 working days each month. Management is thinking about operating the machine for two shifts, which will increase its productivity by another eight hours per day for 22 days per month. This change would require $11,500 additional fixed costs per month. (Round hours per unit answers to 1 decimal place. Enter operating losses, if any, as negative values.)

1. Determine the contibution margin per machine hour that each product generates

THIS IS NOT MEANT TO BE A SAMPLE TEST. EXAM QUESTIONS MAY NOT BE SIMILAR TO THOSE IN THIS REVIEW.

1. Read the values of the variable VOL in the dataset IQandBrainSize and find the proportion of sample values within 1, 2 and 3 sample standard deviations from the mean.

2. Nucryst Pharmaceutical, Inc. announced the results of its first human trial of NPI 32101, a topical form of its skin ointment. A total of 225 patients diagnosed with skin irritations were randomly divided into three groups as part of a double-blind, placebo-controlled study to test the effectiveness of the new topical cream. The first group received a 0.5% cream, the second group received a 1.0% cream, and the third group received a placebo. Groups were treated twice daily for a 6-week period.

1. Is this an observational study?

2. What are the treatments?

3. What does it mean for this study to be double-blind?

4. What is the control group for this study?

5. Identify the experimental units.

3. You have in R a data set dat consisting of persons’ names. Issue R commands to obtain a sample of size 100 from this population consisting of all the names other than “Aron”.

4. Consider a random sample of coins and record the year stamped on each. Would you expect the distribution of numbers to be symmetric or skewed? Why?

5.  A sample consists of seven points. Explain how to add one more item to the sample so that the median doesn’t change.

6. A uniform distribution takes values between 1 and 4. Draw the density. Show the scales on both axes.

7. Find the 90th percentile of a normal distribution with mean 23 and standard deviation 7.

8. You roll 4 dice. What is the probability of getting at least one 6?

9. These are the distributions of blood types in the US and Ireland. Choose one person in each country independently. What is the probability that they have the same blood type?

10. You toss two balanced coins independently. Let A be the event head on the first toss and let B be the event both tosses have the same outcome. Compute P(A), P(B), P(B|A). Are A, B independent?

11. A data set has Q1 = 54.5 and Q3 = 200. What values will be considered outliers?

12. When should relative frequencies be used when comparing two data sets? Why?

13. Describe the circumstances in which a bar graph is preferable to a pie chart. When is a pie chart preferred over a bar graph?

Kaelea, Inc., has no debt outstanding and a total market value of $63,000. Earnings before interest and taxes, EBIT, are projected to be $8,600 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 21 percent higher. If there is a recession, then EBIT will be 34 percent lower. The company is considering a $21,300 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 4,200 shares outstanding. Assume the company has a market-to-book ratio of 1.0.

a. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued, assuming no taxes. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the percentage changes in ROE when the economy expands or enters a recession, assuming no taxes. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, e.g., 32.)

  
Assume the firm goes through with the proposed recapitalization and no taxes.

c. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

d. Calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Assume the firm has a tax rate of 35 percent.

e. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued. Also, calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

f. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. Also, calculate the percentage changes in ROE for economic expansion and recession, assuming the firm goes through with the proposed recapitalization. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Kaelea, Inc., has no debt outstanding and a total market value of $100,000. Earnings before interest and taxes, EBIT, are projected to be $8,400 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 24 percent higher. If there is a recession, then EBIT will be 31 percent lower. The company is considering a $35,000 debt issue with an interest rate of 6 percent. The proceeds will be used to repurchase shares of stock. There are currently 4,000 shares outstanding. Assume the company has a market-to-book ratio of 1.0.

a. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued, assuming no taxes. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the percentage changes in ROE when the economy expands or enters a recession, assuming no taxes. (A negative answer should be indicated by a minussign. Do not round intermediate calculations and enter your answers as a percent rounded to the nearest whole number, e.g., 32.)

  
Assume the firm goes through with the proposed recapitalization and no taxes.

c. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

d. Calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Assume the firm has a tax rate of 35 percent.

e. Calculate return on equity, ROE, under each of the three economic scenarios before any debt is issued. Also, calculate the percentage changes in ROE for economic expansion and recession. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

f. Calculate return on equity, ROE, under each of the three economic scenarios after the recapitalization. Also, calculate the percentage changes in ROE for economic expansion and recession, assuming the firm goes through with the proposed recapitalization. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

ABC CORPORATION

Balance Sheet

Year Ended December 31 (in $ millions)

ABC Corporation

Income Statement

Year Ended December 31 ($ in millions)

ABC Corporation has 5.8 million shares outstanding and shares are trading for $20

Calculate the following for 2006:

Quick Ratio

Current Ratio

Market to Book Ratio

Debt to Equity Ratio

Enterprise Value

EPS

Operating Margin

Net Profit Margin

Return on Equity

P/E Ratio

Inventory Turnover

Days of Sales Outstanding

ROA

ROE

Did the tax rate increase from 2005 to 2006? If so, by how much?

You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company’s financial statements, including comparing Lydex’s performance to its major competitors. The company’s financial statements for the last two years are as follows: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 880,000 $ 1,120,000 Marketable securities 0 300,000 Accounts receivable, net 2,380,000 1,480,000 Inventory 3,520,000 2,200,000 Prepaid expenses 240,000 180,000 Total current assets 7,020,000 5,280,000 Plant and equipment, net 9,360,000 8,970,000 Total assets $ 16,380,000 $ 14,250,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 3,930,000 $ 2,820,000 Note payable, 10% 3,620,000 3,020,000 Total liabilities 7,550,000 5,840,000 Stockholders' equity: Common stock, $75 par value 7,500,000 7,500,000 Retained earnings 1,330,000 910,000 Total stockholders' equity 8,830,000 8,410,000 Total liabilities and stockholders' equity $ 16,380,000 $ 14,250,000 Lydex Company Comparative Income Statement and Reconciliation This Year Last Year Sales (all on account) $ 15,780,000 $ 12,780,000 Cost of goods sold 12,624,000 9,585,000 Gross margin 3,156,000 3,195,000 Selling and administrative expenses 1,794,000 1,572,000 Net operating income 1,362,000 1,623,000 Interest expense 362,000 302,000 Net income before taxes 1,000,000 1,321,000 Income taxes (30%) 300,000 396,300 Net income 700,000 924,700 Common dividends 280,000 462,350 Net income retained 420,000 462,350 Beginning retained earnings 910,000 447,650 Ending retained earnings $ 1,330,000 $ 910,000 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company’s industry: Current ratio 2.3 Acid-test ratio 1.0 Average collection period 30 days Average sale period 60 days Return on assets 8.4 % Debt-to-equity ratio 0.7 Times interest earned ratio 5.7 Price-earnings ratio 10 2. You decide next to assess the company’s stock market performance. Assume that Lydex’s stock price at the end of this year is $78 per share and that at the end of last year it was $46. For both this year and last year, compute: (Round your "Percentage" answers to 1 decimal place and other intermediate and final answers to 2 decimal places.) a. The earnings per share. b. The dividend yield ratio. c. The dividend payout ratio. d. The price-earnings ratio. e. The book value per share of common stock.