LONG-TERM FINANCING NEEDED
At year-end 2016, total assets for Arrington Inc. were $1.6 million and accounts payable were $330,000. Sales, which in 2016 were $3 million, are expected to increase by 30% in 2017. Total assets and accounts payable are proportional to sales, and that relationship will be maintained; that is, they will grow at the same rate as sales. Arrington typically uses no current liabilities other than accounts payable. Common stock amounted to $445,000 in 2016, and retained earnings were $335,000. Arrington plans to sell new common stock in the amount of $195,000. The firm's profit margin on sales is 6%; 35% of earnings will be retained.
a. What were Arrington's total liabilities in 2016? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest cent.
b. How much new long-term debt financing will be needed in 2017? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round your intermediate calculations. Round your answer to the nearest cent. (Hint: AFN - New stock = New long-term debt.)
In: Finance
what is C++?
what is embedded computer?
In: Computer Science
Do an assessment of the production strategy and supply chain of Samsung. Be sure to address outsourcing and TQM. Where does Samsung produce product? Apply in detail the country, technological and production factors involved.
In: Operations Management
Quantitative Problem: Barton Industries estimates its cost of common equity by using three approaches: the CAPM, the bond-yield-plus-risk-premium approach, and the DCF model. Barton expects next year's annual dividend, D1, to be $2.30 and it expects dividends to grow at a constant rate g = 3.4%. The firm's current common stock price, P0, is $28.00. The current risk-free rate, rRF, = 4.7%; the market risk premium, RPM, = 6%, and the firm's stock has a current beta, b, = 1.3. Assume that the firm's cost of debt, rd, is 8.06%. The firm uses a 4% risk premium when arriving at a ballpark estimate of its cost of equity using the bond-yield-plus-risk-premium approach. What is the firm's cost of equity using each of these three approaches? Round your answers to 2 decimal places.
CAPM cost of equity: | % |
Bond yield plus risk premium: | % |
DCF cost of equity: | % |
Answer those three above please and thank you :)
What is your best estimate of the firm's cost of equity?
In: Finance
In: Computer Science
Name and identify four (4) challenges that a manager may confront in over-seeing a centralized structure. Back each of your four statements up with a minimum of four sentences, for each challenge cited. Providing a realistic example is a great way, as part of each explanation. I wish to see a separate paragraph for each of the challenges?
In: Operations Management
There are a lot of networking and network security jobs and every IT company has network engineers, admins, etc. Why and how do think understanding the OSI Model and Network Devices are important from a work standpoint? Looking for some original content.
In: Computer Science
Using Java Languse, Complete ArraySet.java down below by using (Array collection) :
package Homework3;
public class ArraySet extends ArrayCollection {
public ArraySet() {
}
public ArraySet(int size) {
super(size);
}
public boolean add(T element) {
// Complete your code here
return true;
}
}
ArrayCollection.java:
package Homework3;
public class ArrayCollection {
protected static final int DEFAULT_CAPACITY = 100;
protected T[] elements;
protected int numberOfElements;
public ArrayCollection() {
this(DEFAULT_CAPACITY);
}
public ArrayCollection(int size) {
elements = (T[]) new Object[size];
numberOfElements = 0;
}
public boolean isEmpty() {
return numberOfElements == 0;
}
public boolean isFull() {
return numberOfElements == elements.length;
}
public int size() {
return numberOfElements;
}
public String toString() {
String collection = "";
for (int i = 0; i < numberOfElements; i++)
collection += elements[i] + "\n";
return collection;
}
public boolean add(T element) {
// Complete your code here
return true;
}
public boolean remove(T target) {
// Complete your code here
return true;
}
public boolean removeAll(T target) {
// Complete your code here
return true;
}
public void removeDuplicate() {
// Remove any duplicated elements
}
public boolean equals(ArrayCollection that) {
// Return true if ArrayCollection are identical.
boolean result = true;
// Complete your code here.
return result && this.size() == that.size();
}
public int count(T target) {
// Return count of target occurrences
int c = 0;
// Complete your code here
return c;
}
public void merge(ArrayCollection that) {
// Merge that ArrayCollection into this ArrayCollection
// Complete your code here
}
public void enlarge(int size) {
// Enlarge elements[] with additional size
// Complete your code here
}
public void clear() {
// Remove all elements in the collection
}
//Note: Different from textbook, this implementation has no 'found'
and
'location' attributes.
// There is no find() method.
// There is a new methods findIndex().
public boolean contains(T target) {
// Return true if target is found
boolean found = false;
// Complete your code here
return found;
}
public int findIndex(T target) {
// Return index of target
int index = 0;
// Complete your code here
return index;
}
}
Homework3 class:
public class Homework3 {
public static void main(String[] args) {
ArrayCollection ac1 = new ArrayCollection(); // Calling
Default
Constructor
ArrayCollection ac2 = new ArrayCollection(2); // Calling
overloaded
constructor
ArraySet as1 = new ArraySet();
ac2.add("Apple");
ac2.add("Orange");
ac2.add("Lemon"); // This can't be added into ac2 as collection is
full
System.out.println(ac2.remove("Apple")); // This should return
true
System.out.println(ac2);
ac2.enlarge(10);
ac2.add("Watermelon");
System.out.println("Equals: " + ac1.equals(ac2));
as1.add("Avocado");
as1.add("Avocado"); // This will not be added, since the
collection is "set"
}
}
In: Computer Science
What the importance of Subnetting? Why do we need to learn Subnetting? How is it useful in day-to-day operations at a company? Looking for some original content.
In: Computer Science
Sales revenue $5,625,000
Variable manufacturing expense 1,875,000
Variable selling and admin expense 625,000
Fixed manufacturing expense 1,000,500
Fixed selling and administrative expense 562,000
Total Expenses (4,062,500)
Net operating income $ 1,562,500
Company produced and sold 625,000 units of products.
Requirements:
In: Accounting
The implementations of the methods addAll, removeAll, retainAll are omitted in the MyList interface. Implement these methods.
/** Adds the elements in otherList to this list.
* Returns true if this list changed as a result of the call
*/
public default boolean addAll(Collection<? extends E> c)
/** Removes all the elements in otherList from this list
* Returns true if this list changed as a result of the call
*/
public default boolean removeAll(Collection<?> c)
/** Retains the elements in this list that are also in
otherList
* Returns true if this list changed as a result of the call
*/
public default boolean retainAll(Collection<?> c)
Write a test program that creates two MyArrayLists, list1 and
list2, with the initial values {"Tom", "George", "Peter", "Jean",
"Jane"} and {"Tom", "George", "Michael", "Michelle", "Daniel"},
then perform the following operations:
■ Invokes list1.addAll(list2), and displays list1 and list2.
■ Recreates list1 and list2 with the same initial values, invokes
list1.removeAll(list2), and displays list1 and list2.
■ Recreates list1 and list2 with the same initial values, invokes
list1.retainAll(list2), and displays list1 and list2.
In: Computer Science
In: Economics
Java Programming :
Email username generator Write an application that asks the user to enter first name and last name. Generate the username from the first five letters of the last name, followed by the first two letters of the first name. Use the .toLowerCase() method to insure all strings are lower case. String aString = “Abcd” aString.toLowerCase(); aString = abcd Use aString.substring(start position, end position + 1) aString.substring(0, 3) yields the first 3 letters of a string If the last name is no more than five letters, use the entire name. If it is more than five letters, use the first 5 letters Print the email username you generated with @myCollege.edu appended
In: Computer Science
Create a simple Java class for a Month object with the following requirements:
This program will have a header block comment with your name, the
course and section, as well as a brief description of what the
class does.
All methods will have comments concerning their purpose, their
inputs, and their outputs
One integer property: monthNumber (protected to only allow values
1-12). This is a numeric representation of the month (e.g. 1
represents January, 2 represents February, etc.)
A constructor that takes no arguments, and sets the monthNumber
to 1.
Add a second constructor that takes in an integer argument to set
the initial monthNumber for the new Month object. Use data
protection to prevent the user from entering a number less than 1
or greater than 12. When a non-valid input is entered, throw a new
IllegalArgumentException.
A setMonth() method that takes an integer and uses data
protection to prevent the user from entering a number less than 1
or greater than 12. Also throw an IllegalArgumentException if an
illegal value is entered.
A getMonth() method that returns the monthNumber as an
integer.
Add a String array property that holds the values of the month
names (e.g. monthNames[3] would hold the value “March”). Remember,
you can leave the 0th index blank/null
Add a toString() method to use the monthNumber property to return
the name of the month as a String. Use the private global String
array with the names of the months in it to return the proper
String based on the monthNumber.
Add an equals() method that takes in a month object and returns a
boolean based on the values of each object’s monthNumber
Add a compareTo() method that takes in a month object and returns
a negative number if the called object is smaller than the passed
in object, a positive number if the called object is bigger than
the passed in object, and zero (0) if the two objects are
equivalent.
Create a simple program using Java that demonstrates the month object with the following requirements:
That creates a month object using the no argument
constructor.
A second month object is created using the constructor that takes
in an integer argument.
Additionally, use either a do or while loop to get the user to
enter a number between 1 and 12 using the setMonth() method on the
1st month object. The loop will continue until they enter a valid
number.
The program will display the month number for both of the objects
using the getMonth() method.
Display the month names using toString() for the months created,
and see whether they are the same or not.
Additionally, use the equals() method created above to show
whether the two months are equivalent to each other or not.
Use the compareTo() method created above to show which object is
the biggest.
Use appropriate try and catch statements to properly handle
erroneous input by the user.
In: Computer Science
Explain the principle of operation of an ultrasonic sensor for use in an industrial automation application. Answer should include details on the type of target that can be detected, effect on sensing distance of different target types, typical sensing distance and what the term ‘blind zone’ refers to in relation to these sensors.
In: Electrical Engineering