Questions
FINANCIAL LEVERAGE EFFECTS The Neal Company wants to estimate next year's return on equity (ROE) under...

FINANCIAL LEVERAGE EFFECTS The Neal Company wants to estimate next year's return on equity (ROE) under different financial leverage ratios. Neal's total capital is $20 million, it currently uses only common equity, it has no future plans to use preferred stock in its capital structure, and its federal-plus-state tax rate is 40%. The CFO has estimated next year's EBIT for three possible states of the world: $4.2 million with a 0.2 probability, $3.1 million with a 0.5 probability, and $0.7 million with a 0.3 probability. Calculate Neal's expected ROE, standard deviation, and coefficient of variation for each of the following debt-to-capital ratios. Do not round intermediate calculations. Round your answers to two decimal places at the end of the calculations. Debt/Capital ratio is 0. RÔE = % σ = % CV = Debt/Capital ratio is 10%, interest rate is 9%. RÔE = % σ = % CV = Debt/Capital ratio is 50%, interest rate is 11%. RÔE = % σ = % CV = Debt/Capital ratio is 60%, interest rate is 14%. RÔE = % σ = % CV =

In: Finance

The minimum word count for any assignment is 2000-2500 words unless it is mentioned otherwise in...

The minimum word count for any assignment is 2000-2500 words unless it is mentioned otherwise in the assignment instructions or task by task. You could lose marks if you write 10% more or less than this.


Assignments will be reviewed only if they are completed with all the tasks/questions. Please do not send each task/question separately.


All documents will be checked for plagiarism. Any report found to be plagiarised for more than 15% would be rejected immediately.


Make sure to insert correct in-text citations when drafting an assignment and a list of references as per the Harvard Referencing Style is to be provided at the end of the whole assignment. (Not end of each task)


All assignments will be sent for review and until the assignment status shows “Completed”, kindly keep checking for feedback and do the needful accordingly.


Assignments should be saved as: Programme Name _ (Candidate Full Name) _ (Candidate Code)_(Unit Abbreviation). i.e. MBA_ John Smith_00123456_ ABRM


Answer only one part from all of the questions below:

Question 2:

1. Critically discuss financial reporting and analysis. And explain the following:

* The GAAP ( Generally Accepted Accounting Principles)
* The IFRS ( International Financial Reporting Standards)

In: Accounting

Out of 500 Respondents in a recent health survey 47 reported a history of diabetes. a....

Out of 500 Respondents in a recent health survey 47 reported a history of diabetes.

a. Estimate the true proportion of people with history of diabetes with 95% confidence.

b. What should the sample size be if the researchers wanted to be accurate to within 2% of the true proportion?

In: Math

how to pass step bay step from paper based record to to electronic health record. i...

how to pass step bay step from paper based record to to electronic health record. i need the whole process. thats for my sales letter that am writing to my CEO. the subject is Writing for the business profession.

In: Operations Management

The table below lists the prices and quantities consumed of three different goods from 2017−2019. 2017...

The table below lists the prices and quantities consumed of three different goods from 2017−2019.

2017

2018

2019

Good

Price ($)

Quantity

Price ($)

Quantity

Price ($)

Quantity

A

10

8

16

6

18

5

B

5

18

3

30

4

25

C

1

10

2

5

5

10

    

   





a. For 2017, 2018, and 2019, determine the amount that a typical consumer pays each year to purchase the quantities listed in the table above.

Instructions: Round your answers to the nearest whole number.

2017 2018 2019
Consumer expenditure $180 $196 $340


Instructions: Round your answers to two decimal places.

b. The percentage change in the amount the consumer paid is 8.88% from 2017 to 2018, and 73.46% from 2018 to 2019.

Instructions: Round your answers to two decimal places.

d. Suppose we take 2017 as the base year, implying that the market basket is fixed at 2017 consumption levels. Using 2017 consumption levels, the rate of inflation was ? % from 2017 to 2018, and ? % from 2018 to 2019.

Instructions: Round your answers to two decimal places.

e. Repeat the exercise from part d, now assuming that the base year is 2018. Using 2018 consumption levels, the rate of inflation is ? % from 2017 to 2018, and ? % from 2018 to 2019.

f. Your answers from parts d and e were different because : the base years put different weights on the goods prices have changed or the base years have the same consumption quantities or income has changed.

In: Economics

In lecture 2 of week 1, healthcare was proclaimed to be the most complex industry. Discuss...

In lecture 2 of week 1, healthcare was proclaimed to be the most complex industry. Discuss this claim and whether you agree or disagree. Support your position with appropriate references

In: Economics

what are 3 downsides to employee assistant programs better known as (EAP) explain in detail thank...

what are 3 downsides to employee assistant programs better known as (EAP)
explain in detail

thank you.

In: Operations Management

3. (Even or Odd) Write method IsEven that uses the remainder operator (%) to determine whether...

3. (Even or Odd) Write method IsEven that uses the remainder operator (%) to determine whether an integer is even. The method should take an integer argument and return true if the integer is even and false otherwise. Incorporate this method into an application that inputs a sequence of integers (one at time) and determines whether each is even or odd. (C# please)

In: Computer Science

Given an approximately normal distribution with a mean of 175 and a standard deviation of 37....

Given an approximately normal distribution with a mean of 175 and a standard deviation of 37.

(a) Draw a normal curve and label 1, 2, and 3 standard deviations on both sides on the mean.

(b) What percent of values are within the interval (138, 212)?

(c) What percent of values are within the interval (101, 249)?

(d) What percent of values are within the interval (64, 286)?

(e) What percent of values outside the interval (138, 212)?

(f) What percent of values are outside the interval (101, 249)?

(g) What percent of values are outside the interval (64, 286)?

In: Math

What do you know about Facebook? Think about the company and try to decide what business...

What do you know about Facebook? Think about the company and try to decide what business they are in. How would you describe that? This is important since the company looking to acquire another company in our case is modeled in part after Facebook.

In: Operations Management

A congressional committee of three is to be chosen from a set of 4 Democrats, 4...

A congressional committee of three is to be chosen from a set of 4 Democrats, 4 Republicans, and 3 Independents.

1) find p(all 3 are from different groups)

2) find p(at least 1 democrat)

3) find p(the majority are independents)

In: Math

Construct a PDA that matches all strings in the language over {x,y} such that each string...

Construct a PDA that matches all strings in the language over {x,y} such that each string has at least twice as many y's as x's.

Below, give a short description of the set of strings associated with each state of your PDA.

In: Computer Science

- Refer to the Par Insights, Inc. example in your textbook. A competitor firm DLS Apps,...

- Refer to the Par Insights, Inc. example in your textbook. A competitor firm DLS Apps, Inc. decides to enter the market for apps made for teenagers and children. Their Production Supervisor analyzed each of the operations and concluded that if the company produces apps for children, each app would require 8 hours in the theme creation department, 12 hours in the graphics and imaging department, 4 hours in the educational content department, 6 hours in the coding department, and 5 hours in the testing and launching department. On the other hand, each app for teenagers would require 4 hours in the theme creation department, 15 hours in the graphics and imaging department, 15 hours in the educational content department, 10 hours in the coding department, and 2 hours in the testing and launching department. After studying the departmental workload projections, the Production Supervisor estimates that 100 hours for theme creation, 250 hours for graphics and imaging, 200 hours for the educational content creation, 150 hours of coding and 50 hours for the testing and launching are available for the production of the new apps during the next four months. The accounting department analyzed the costs based on the production data and overheads and arrived at prices for the apps that will result in a profit contribution of $10,000 per children’s app and $15,000 per teenager app produced. The CEO asserts that to be successful in the long run, at least 5 children’s apps must be launched in the next four months. The management is trying to identify how many apps of each type should they launch in the next four months and have hired you to help them figure out what the optimal solution would be and what the expected profits would be.

1. Write out the Linear Program (equations)

2. Provide the optimal solution, either graphically or by using Excel Solver. What is the total expected profit? How many apps of each type would you recommend that they make?

3. Identify which constraints are binding.

4. Which department has the highest slack? How much?

5. If the company was able to obtain 5 more hours in the coding department, would the profit change? Explain why or why not.

In: Operations Management

Fred and Barney are fishermen who operate fishing ships out of Nantucket. They own similar ships...

Fred and Barney are fishermen who operate fishing ships out of Nantucket. They own similar ships that can each

carry a day’s catch of 800 pounds of cod. Marginal costs of fishing are constant at $4 per pound (for simplicity,

assume they have no fixed -- or sunk -- costs). For the current discussion, assume that Fred and Barney are the only

fishermen and that the aggregate demand for Nantucket cod is characterized by the demand function Q = 1600 -

100P, where P is the price per pound of cod and Q is in pounds of cod. This corresponds to an inverse demand

function of P = 16 - .01Q, where Q = qF+ qB. Finally, the fish market operates in the following manner: fishermen go

out in the morning and catch fish, then they return to the dock and drop the catch on the dock. Customers gather

around and a market-clearing price is announced, at which point sales commence.

(f) If Barney expects Fred to catch qF, what is Barney’s best response function BRB(qF)?

(g) Using the fact that each fisherman’s equilibrium catch is a best response to the other’s, solve for the equilibrium

catch sizes qBCN and qFCN

(h) What will be the resulting price?

(i) Show that each fisherman’s Cournot duopoly profits will be $1600.

In: Economics

Answer all the following questions, using essay format Pick a firm/company/organization from your country that you...

Answer all the following questions, using essay format Pick a firm/company/organization from your country that you are familiar with for example mac, ikea

Question 1

Business strategy allows organizations to develop a clearer understanding of their own organization and what’s required for them to succeed.

a- Explain what business strategy is and discuss why the competitive advantages are temporary along with the four key areas of a SWOT analysis.

b- Give an example to show how you may apply the SWOT. (1000 Words)

Question 2

Define critical success factors (CSFs) and key performance indicators (KPI) Explain how managers use them to measure the success of MIS projects. (1000 Words)

In: Operations Management