In: Finance
Secured Problem 1 - Structuring a Secured Loan Transaction
Marine Systems, Inc. is a retail seller of personal watercraft, which it manufactures from component parts. Marine Systems operates five stores in the Seattle area along with a separate manufacturing facility. It leases the premises for the stores and manufacturing facility. Its total inventory of watercraft and component parts has a wholesale value of $800,000, which Marine Systems sells at a 75% markup. Marine Systems also owns $150,000 in display cases, cash registers, tools, computers, and the like.
Marine Systems currently owes its various unsecured creditors approximately $500,000. After deducting its monthly payments to these creditors and overhead costs, Marine Systems nets $5000 per month. Marine Systems regularly sells watercraft to the City of Seattle and The University of Washington. Marine Systems invoices both purchasers with payment due within 30 days after delivery. Presently, each customer owes $25,000.
The job of a commercial attorney is to identify risks and propose ways to minimize them. Answer the following questions:
a. Marine Systems has asked Credit, Inc. for a $150,000 loan to expand its workforce. Credit, Inc. is inclined to make the loan but requests advice as to whether it should demand security. What do you advise?
b. If Credit, Inc. wants a security interest, what collateral would you recommend? There are risks associated with all of these categories of collateral. How will you protect the secured creditor from these risks?
2. Inventory?
3. Equipment
4. Accounts Receivable?
In: Finance
C++ PLEASE
This will be a multi-part assignment. Later homework will expand upon what is developed in this assignment.
1. Create a class called MyComplex to represent complex numbers. Each part (Real and Imaginary parts) should be stored as a double. Data members should be private and you need to supply appropaiate accessor and mutator methods.
2. Supply a default constructor (both parts zero), a constructor that allows the real part to be set and a third constructor that allows both parts to be set.
3. Supply an insertion operator that will allow the value of a complex number to be printed. The output should look like: 2+3i, 1-4i, -2+0i, 0+5i for example.
4. Supply a complete program that exercises your class. (be sure you also exercise the accessor and mutator functions). You must supply a listing of your program and sample output.
In: Computer Science
a. Write an expression for the electric field vector of a
uniform plane wave in free space that is propagating in the
direction given by a line from the origin to the point (3,0,4) and
that is linearly polarized along the y-direction. It has a
wavelength of 2 �m and reaches its positive maximum amplitude of 20
V/m at a distance of 1 m from the origin at t = 0 s.
b. Compute the irradiance of this wave.
In: Physics
A company assembles and sells skateboards. One popular model is the "ICE". The final assembly plan for April to September, which also represents 50% of a full year’s demand:
Month | April | May | June | July | August | September | October |
---|---|---|---|---|---|---|---|
Forecast (units) | 5000 | 7000 | 10000 | 2000 | 4000 | 3000 | ? |
Demand (units) | 4500 | 8000 | 10000 | 1900 | 4000 | 3200 | ? |
The company is using MRP. The forecast for Skateboard ICE for the next coming six weeks:
Week | w36 | w37 | w38 | w39 | w40 | w41 |
---|---|---|---|---|---|---|
Demand (forecast, units) | 750 | 750 | 750 | 900 | 950 | 1000 |
The company are buying all components from different suppliers. They are only making the wheel assembly and the assembly of the final skateboard, see also the diagram above.
Item | Stock level | Value/item | Lot size | Lead time (weeks) |
---|---|---|---|---|
Skateboard ICE | 1800 | $250.00 | 2000 | 1 |
Decks | 4000 | $20.00 | 1500 | 2 |
Wheel assemblies | 1200 | $80.00 | Even hundreds | 1 |
Bolts and Nuts, M6 | 25000 | $0.50 | 50000 | 1 |
Risers | 30000 | $1.00 | 50000 | 1 |
Wheels | 20000 | $8.00 | 40000 | 2 |
Bearings | 40000 | $4.00 | 50000 | 2 |
Trucks | 2000 | $19.00 | ? | 2 |
Nuts, M8 | 50000 | $0.25 | 100000 | 1 |
The company has an ordering cost of $150/order and the inventory carrying cost is estimated to 10%.
3a. If we use moving average with n=5, what is the forecast for Skateboard ICE for October?
3b. If we use exponential smoothing with α=0.3, what is the forecast for Skateboard ICE for October?
3c. Suppose it's now week 35. In what week should production of wheel assemblies start?
3d. In relation to question 3c above, what quantity of wheel assemblies will be needed?
3e. The company have had some problems with the supplier of the truck parts and therefore want to review the setup. But first they want to check how many truck parts they should order each time by calculating the Economic Order Quantity (EOQ).
What quantity of truck parts should the company order?
3f. The supplier of the truck parts replies to the company that if they order in lots of 10 000 each time, they will get a 5 % discount.
What is the total cost for the truck parts if the company order 10 000 each time?
In: Operations Management
1.Standards for appropriate speech are regulated by societal norms and, in many cases, by local laws.
True/False
2.Some governments are requesting that service providers reveal the identity of people who post certain content. Twitter, after being sued, ultimately agreed to provide this type of information to authorities of which nation?
France
Great Britain
China
Israel
3.A parent company generally is not liable if is a subsidiary is sued.
True/false
In: Operations Management
Southside Company manufactures three products from a common input in a joint processing operation. What is the financial advantage (disadvantage) of further processing each of the products beyond the split off point. Round each answer to the nearest whole dollar and include the $ sign and any necessary commas. Only answers in this format will be accepted.
Product Selling Price Annual Output
A $6 / lb 1,000 lbs
B $8 / lb 3,000 lbs
C $5 / gal 2,000 gallons
Further Processing requires no special facilities. Additional costs and selling price are given below:
Product Additional Processing Costs Selling Price
A $13,000 $20 / lb
B $80,000 $13 / lb
C $63,000 $32 / gal
Product A additional CM =
Product A additional cost =
Product A Advantage/Disadvantage =
Product A sell or process further =
Product B additional CM =
Product B additional cost =
Product B Advantage/Disadvantage =
Product B sell or process further =
Product C additional CM =
Product C additional cost =
Product C Advantage/Disadvantage =
Product C sell or process further =
In: Accounting
Sentinel Company is considering an investment in technology to
improve its operations. The investment will require an initial
outlay of $256,000 and will yield the following expected cash
flows. Management requires investments to have a payback period of
3 years, and it requires a 8% return on investments. (PV of $1, FV
of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s)
from the table provided.)
Period | Cash Flow | |||
1 | $ | 47,400 | ||
2 | 52,800 | |||
3 | 76,600 | |||
4 | 95,800 | |||
5 | 125,100 | |||
Required:
1. Determine the payback period for this
investment.
2. Determine the break-even time for this
investment.
3. Determine the net present value for this
investment.
Complete this question by entering your answers in the tabs below.
Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.)
|
Complete this question by entering your answers in the tabs below.
Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.)
|
Complete this question by entering your answers in the tabs below.
Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.)
|
Complete this question by entering your answers in the tabs below.
Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.)
|
Complete this question by entering your answers in the tabs below.
Determine the net present value for this investment.
|
In: Accounting
1. A pigment solution contains compound A with 4 polar groups and compound B with 2 polar groups. You plan to separate these compounds using paper chromatography with a nonpolar solvent. Predict the location of the two bands relative to the solvent front. Explain your answer.
2. Paper chromatography is used to separate pigments extracted in acetone from fresh spinach. Explain how differences in polarity are used to separate the pigments in this chromatography experiment.
In: Biology
Exercise 21A-10 a-d
The following facts pertain to a non-cancelable lease agreement
between Cullumber Leasing Company and Marin Company, a
lessee.
Commencement date | May 1, 2017 | ||
Annual lease payment due at the beginning of | |||
each year, beginning with May 1, 2017 | $19,656.69 | ||
Bargain purchase option price at end of lease term | $7,000 | ||
Lease term | 5 | years | |
Economic life of leased equipment | 10 | years | |
Lessor’s cost | $65,000 | ||
Fair value of asset at May 1, 2017 | $93,000 | ||
Lessor’s implicit rate | 6 | % | |
Lessee’s incremental borrowing rate | 6 | % |
The collectibility of the lease payments by Cullumber is
probable.
Prepare a lease amortization schedule for Marin for the 5-year lease term.
Prepare the journal entries on the lessee’s books to reflect the
signing of the lease agreement and to record the payments and
expenses related to this lease for the years 2017 and 2018. Marin’s
annual accounting period ends on December 31. Reversing entries are
used by Marin. (Credit account titles are automatically
indented when amount is entered. Do not indent manually. Round
answers to 2 decimal places, e.g.
5,275.15.)
In: Accounting
Already LLC v. Nike Inc, U.S. Supreme Court. Trademark fight over top-selling Air Force 1 sneakers. Investigate this case including the facts of the case, the positions argued on both sides, the law(s) at issue, the ultimate outcome and conclude with your personal analysis of the court's ruling / outcome. Also, be sure to discuss the historical impact of case/scandal on society
In: Operations Management
When your friend hears that you are taking a psychology course, she asserts that psychology is simply common sense. Explain why common sense is not the best way to understand human behavior. Describe the methods of science and explain why they are superior to common sense in understanding human behavior.
In: Psychology
Which would you use RFI or RFP for a new EHR?
In: Nursing
Assume that the following data relative to Kane Company for 2018 is available:
Net Income | $2,890,000 | |||||
Transactions in Common Shares | Change | Cumulative | ||||
Jan. 1, 2018, Beginning number | 720,000 | |||||
Mar. 1, 2018, Purchase of treasury shares | (67,200) | 652,800 | ||||
June 1, 2018, Stock split 2-1 | 652,800 | 1,305,600 | ||||
Nov. 1, 2018, Issuance of shares | 240,000 | 1,545,600 | ||||
6% Cumulative Convertible Preferred Stock | ||||||
Sold at par, convertible into 190,000 shares of common (adjusted for split). | $950,000 | |||||
Stock Options | ||||||
Exercisable at the option price of $25 per share. Average market price in 2018, $30 (market price and option price adjusted for split). | 93,000 | shares |
Compute weighted average shares outstanding for 2018.
Weighted average shares outstanding |
Compute the basic earnings per share for 2018. (Round answer to 2 decimal places, e.g. 52.75.)
Basic earnings per share | $ |
Compute the diluted earnings per share for 2018. (Round answer to 2 decimal places, e.g. 52.75.)
Diluted earnings per share | $ |
In: Accounting
3. Add mutex locks to tprog2.c to achieve synchronization, and screenshot the output tprog2.c #include <stdio.h> #include <stdlib.h> #include <string.h> #include <pthread.h>
void* print_i(void *ptr) {
printf("1: I am \n"); sleep(1); printf("in i\n");
}
void* print_j(void *ptr) {
printf("2: I am \n"); sleep(1); printf("in j\n");
}
int main() {
pthread_t t1,t2;
int rc1 = pthread_create(&t1, NULL, print_i, NULL); int rc2 = pthread_create(&t2, NULL, print_j, NULL);
exit(0);
}
In: Computer Science