The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 14%, its before-tax cost of debt is 9%, and its marginal tax rate is 40%. Assume that the firm's long-term debt sells at par value. The firm’s total debt, which is the sum of the company’s short-term debt and long-term debt, equals $1,103. The firm has 576 shares of common stock outstanding that sell for $4.00 per share.
Calculate Paulson's WACC using market-value weights. Round your answer to two decimal places. Do not round your intermediate calculations.
Assets | Liabilities And Equity | |||
Cash | $ 120 | Accounts payable and accruals | $ 10 | |
Accounts receivable | 240 | Short-term debt | 43 | |
Inventories | 360 | Long-term debt | $1,060 | |
Plant and equipment, net | 2,160 | Common equity | 1,767 | |
Total assets | $2,880 | Total liabilities and equity | $2,880 |
In: Finance
Assume you are the marketing manager for a gym of your choice (e.g., Equinox, New York Sports Club, Crunch Fitness, Synergy, etc.).
Prepare a response for your Vice President on your suggested pricing strategy for your sports membership/services.
Be sure to include the following in your response:
In: Operations Management
How is ethics committees’ work important to the research in a healthcare setting?
How will this information have an impact toward future organizational direction?
250 word answer.
In: Nursing
Questions about logic.
Please Solve them ALL! (I have the right to ask the last question.)
Please write in a legible and annotated way, thank you.
Q1A)
Let P(x) be the statement “x can swim” and let Q(x) be the
statement “x can play the guitar.” Express each of these sentences
in terms of P(x), Q(x), quantifiers, and logical connectives. The
domain for quantifiers consists of all students in your
school.
a) No student in your school can swim or can play the guitar.
b) Every student in your school either can swim or can play the
guitar.
c) There is a student in your school who can swim and who play the
guitar.
d) There is a student in your school who can swim but who cannot
play the guitar.
Q1B)
Translate in two ways each of these statements into logical
expressions using predicates, quantifiers, and logical connectives.
First, let the domain consist of the students in your class and
second, let it consist of all people.
a) Everyone in your class has a computer.
b) Somebody in your class has seen a foreign movie.
c) There is a person in your class who cannot play the
guitar.
d) All students in your class can program.
e) Nobody in your class wants to have the flu.
In: Computer Science
UsePython (import numpy as np) use containers (Branching if statement, while loop, for loop, numpy Array)
Implement an algorithm to guess a random number that the computer generates. The random number must be an integer between 1 and 1000 (inclusive). For each unsuccessful attempt, the program must let the user know whether to deal with a higher number or more. low. There is no limit on the number of attempts, the game only ends when the user succeeds. The user starts the game with $ 1000 and for each unsuccessful attempt loses $ 100. If you repeat any number of those who had already entered, they lose $ 200 instead of $ 100. If you don't follow the immediate instruction, you lose $ 200 instead of $ 100 (for example, if the program says to try a higher number, but you enter a higher number low to the previous one). In each unsuccessful attempt the program must tell the user how much money he has left (the figure can be negative). If the user hits the number and still has money, the program should congratulate him and tell him how much he won. If the user hits the number and owes money, the program must “bully” him and charge him. If the user hits the number by closing at $ 0 (neither wins nor owes), the program must let them know. In your report present 4 "print screens" of the execution of your program that result in 4 different results and their respective desktop tests (note that this is a special case where you have to run the program before the desktop test as there is no way I can control the random number that will come out in each run).
In: Computer Science
1) In a powerpoint presentation-- Please select and investigate
DFD example and Characterize it completely in terms of process,
data, business functionality.
2) Use Data flow diagrams (diagrammatic representations) to
illustrate and show the tasks that were used to complete it in the
PADIM cycle,
3)Prepare a gant and network chart to characterize the tasks needed
to assemble
In: Operations Management
Gold forms a substitutional solid solution with silver. Compute the number of gold atoms per cubic centimeter for a silver-gold alloy that contains 10 wt% Au and 90 wt% Ag. The densities of pure gold and silver are 19.32 and 10.49 g/cm3, respectively.
In: Chemistry
Explain one type of diversity that is experienced in the workplace, and discuss the challenges that managers have in handling that specific type of diversity. Try to research different examples and types of diversity, so each student will present a different definition of the term. Provide references for the research you conduct.
In: Operations Management
A stock is trading ex-rights; the market price per share of common stock is $75; the number of rights needed to buy one new share is 3, and the value of a right is 5. Calculate the subscription price.
In: Finance
QUESTION 1
Which of the following programming languages does NOT support parametric polymorphism?
Java |
||
C++ |
||
Python |
||
C# |
10 points
QUESTION 2
Which of the following programming languages does NOT support operator overloading?
C# |
||
Python |
||
C |
||
C++ |
10 points
QUESTION 3
In a language that allows nested subprograms, the programming language has to choose a referencing environment for the executing the passed subprogram when a subprogram is passed as a parameter. Which of the following is NOT a choice?
just in time binding |
||
shallow binding |
||
ad hoc binding |
||
deep binding |
10 points
QUESTION 4
Which of the following is necessary for recursion to take place via subprogram calls?
static local variables |
||
stack dynamic local variables |
||
type checking |
||
returning values from a function |
10 points
QUESTION 5
Which of the following is NOT a concern when corresponding the actual parameters to the formal parameters?
default parameters |
||
variable number of parameters |
||
return type |
||
positional parameters v. keyword parameter |
10 points
QUESTION 6
Which of the following is NOT an inout mode of parameter passing?
pass by reference |
||
pass by result |
||
pass by name |
||
pass by value-result |
10 points
QUESTION 7
Which of the following is never used to distinguish between two subprograms in any programming language?
return type |
||
subprogram name |
||
parameter names |
||
parameter profiles |
10 points
QUESTION 8
Which of the following types of subprograms exhibit ad hoc polymorphism?
OOP languages |
||
generic subprograms |
||
overloaded subprograms |
||
typeless languages |
10 points
QUESTION 9
In which type of language is a closure never necessary?
static scoped language that does NOT support nested subprograms |
||
dynamically scoped language that does NOT support nested subprograms |
||
static scoped language that does support nested subprograms |
||
dynamically scoped language that does support nested subprograms |
10 points
QUESTION 10
In what way are coroutines the same as all other programs?
only one coroutine is actually in execution at any given time |
||
multiple entry points |
||
have control statements which suspend execution of the subprogram |
||
maintain their status between executions |
10 points
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
In: Computer Science
The Neal Company wants to estimate next year's return on equity (ROE) under different financial leverage ratios. Neal's total capital is $15 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: $5.2 million with a 0.2 probability, $2.4 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
GL0701 - Based on Problem 7-1A LO P1
Perez Company completes these transactions and events during
March of the current year (terms for all its credit sales are 2/10,
n/30).
Mar. | 1 | Purchased $44,500 of merchandise from Parker Industries, invoice dated March 1, terms 2/15, n/30. | ||
Mar. | 2 | Sold merchandise on credit to Ryan Co., Invoice No. 854, for $27,600 (cost is $17,000). | ||
Mar. | 3 | Purchased $1,300 of office supplies on credit from Perry Company, invoice dated March 3, terms n/10 EOM. | ||
Mar. | 3 | Sold merchandise on credit to Li Zhang, Invoice No. 855, for $19,000 (cost is $11,400). | ||
Mar. | 6 | Borrowed $100,000 cash from First Bank by signing a long-term note payable. | ||
Mar. | 9 | Purchased $22,250 of office equipment on credit from Brown Supply, invoice dated March 9, terms n/10 EOM. | ||
Mar. | 10 | Sold merchandise on credit to Maria Gonzalez, Invoice No. 856, for $15,200 (cost is $9,100). | ||
Mar. | 12 | Received payment from Ryan Co. for the March 2 sale less the discount. | ||
Mar. | 13 | Sent Parker Industries Check No. 416 in payment of the March 1 invoice less the discount. | ||
Mar. | 13 | Received payment from Li Zhang for the March 3 sale less the discount. | ||
Mar. | 14 | Purchased $39,800 of merchandise from the Walker Co., invoice dated March 13, terms 2/10, n/30. | ||
Mar. | 15 | Issued Check No. 417, payable to Payroll, in payment of sales salaries expense for the first half of the month, $20,100. Cashed the check and paid the employees. | ||
Mar. | 15 | Cash sales for the first half of the month are $43,000 (cost is $25,800). (Cash sales are recorded daily, but are recorded only twice here to reduce repetitive entries.) | ||
Mar. | 16 | Purchased $2,000 of store supplies on credit from Perry Company, invoice dated March 16, terms n/10 EOM. | ||
Mar. | 17 | Received a $3,800 credit memorandum from Walker Co. for the return of unsatisfactory merchandise purchased on March 14. | ||
Mar. | 19 | Received a $3,340 credit memorandum from Brown Supply for office equipment received on March 9 and returned for credit. | ||
Mar. | 20 | Received payment from Maria Gonzalez for the sale of March 10 less the discount. | ||
Mar. | 23 | Issued Check No. 418 to Walker Co. in payment of the invoice of March 13 less the March 17 return and the discount. | ||
Mar. | 27 | Sold merchandise on credit to Maria Gonzalez, Invoice No. 857, for $33,000 (cost is $19,800). | ||
Mar. | 28 | Sold merchandise on credit to Li Zhang, Invoice No. 858, for $11,400 (cost is $6,800). | ||
Mar. | 31 | Issued Check No. 419, payable to Payroll, in payment of sales salaries expense for the last half of the month, $20,100. Cashed the check and paid the employees. | ||
Mar. | 31 | Cash sales for the last half of the month are $38,700 (cost is $23,200). |
For this question you must post to the General Journal, General Ledger, Trial Balance, Cash Rec Journal, Cash Disb Journal, Purchases Journal, and Sales Journal.
In: Accounting
I have this question in my course Managing to Collaborate - B325
Positive outcomes are not always an end result for collaborations. Collaborations might be set on two-legged outcomes from the start. Accordingly, setting aims is not enough by itself. Managing aims is regarded as essential for better collaborative results. In the context of a local organizational collaboration of your choice, discuss the importance of managing aims and how the presence of some elements might generate negative episodes that a collaboration can face. Support your discussion with examples. 600 words.
In: Operations Management
Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $25.00 million. The plant and equipment will be depreciated over 10 years to a book value of $3.00 million, and sold for that amount in year 10. Net working capital will increase by $1.35 million at the beginning of the project and will be recovered at the end. The new diet drink will produce revenues of $8.54 million per year and cost $1.59 million per year over the 10-year life of the project. Marketing estimates 11.00% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 21.00%. The WACC is 10.00%. Find the NPV (net present value).
Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $28.00 million. The plant and equipment will be depreciated over 10 years to a book value of $1.00 million, and sold for that amount in year 10. Net working capital will increase by $1.38 million at the beginning of the project and will be recovered at the end. The new diet drink will produce revenues of $8.98 million per year and cost $2.33 million per year over the 10-year life of the project. Marketing estimates 17.00% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 27.00%. The WACC is 15.00%. Find the IRR (internal rate of return).
In: Finance
What is the complexity of the given code as a function of the problem size n? Show all of the details of your analysis.
for (int i = 0; i < 2*n; i++)
{
if (i == n)
{
for (int j = 0; j < i; j++)
for (int k = 0; k < i; k++)
O(1)
}
else
{
for (int j = 0; j < i; j++)
O(1)
}
}
In: Computer Science