In: Finance
Based upon the work of Elizabeth Loftus, a researcher was
interested in testing the most effective way to implant false
memories in people. First, she had all subjects watch a 60 minute
movie. Then she randomly assigned these subjects to one of four
conditions, each of which used different assessment techniques to
influence subjects to think they saw something that didn't actually
occur. Condition A utilized falsified photos, condition B utilized
falsified video, condition C utilized misleading narrative, and
condition D was a control group with no intervention at all. The
data below shows how many false memories subjects in each condition
'remembered'.
Condition A: {xA} = (4,8,6,6,5,9)
Condition B: {xB} = (9,10,7,9,11,7)
Condition C: {xC} = (2,1,2,2,4,3)
Condition D: {xD} = (0,2,1,1,0,3)
Question 8:
Assume that we made a priori hypothesis regarding the relationship
between each of the three experimental conditions and the control
group (i.e. A to D, B to D, and C to D). Is there any point in
assessing the differences between the means of these groups? If no,
explain why. If yes, describe what you would do to assess these
differences.
Question 9:
Are there any potential differences between the means of the three
experimental conditions (i.e. A to B, A to C, and B to C)? If no,
explain how you know this. If yes, describe what you would do to
assess these differences.
In: Psychology
St. Johns River Shipyards is considering the replacement of an 8-year-old riveting machine with a new one that will increase earnings before depreciation from $27,000 to $44,000 per year. The new machine will cost $80,000, and it will have an estimated life of 8 years and no salvage value. The new riveting machine is eligible for 100% bonus depreciation at the time of purchase. The applicable corporate tax rate is 25%, and the firm's WACC is 12%. The old machine has been fully depreciated and has no salvage value.
What is the NPV of the project? Negative value, if any, should be indicated by a minus sign. Round your answer to the nearest cent.
In: Finance
How would you make the shell script MyScript.sh a standalone executable (i.e. avoid to use source)?
In: Computer Science
Consider a project having the following activities, time, and cost:
Normal Normal Crash Crash Maximum
Immediate Time Cost Time Cost Time
Activity Predecessors (weeks) ($) (weeks) ($) Reduced
a none 4 3,000 2 5,000 2
b a 5 5,000 3 8,000 2
c a 4 7,000 4 7,000 0
d b 4 6,000 2 8,000 2
e c,d 8 4,000 6 8,000 2
f c 3 4,000 2 9,000 1
g e,f 4 2,000 2 7,000 2
Assume partial crashing (not all maximum crashing time has to be used) is available.
In: Operations Management
Mills Corporation acquired as a long-term investment $300 million of 7% bonds, dated July 1, on July 1, 2018. Mills determined that it should account for the bonds as an available-for-sale investment. The market interest rate (yield) was 5% for bonds of similar risk and maturity. Mills paid $340 million for the bonds. The company will receive interest semiannually on June 30 and December 31. As a result of changing market conditions, the fair value of the bonds at December 31, 2018, was $320 million. Required: 1. & 2. Prepare the journal entry to record Mills’ investment in the bonds on July 1, 2018 and interest on December 31, 2018, at the effective (market) rate. 3. At what amount will Mills report its investment in the December 31, 2018, balance sheet? 4. Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $352 million. Prepare the journal entries to record the sale. Record any reclassification adjustment. Record the sale of the investment by Mills.
In: Accounting
Although Romeo and Juliet might be the first story that comes to mind when someone is asked to name a great love story, it is certainly not the only one. Choose your favorite love story from literature, film, or song, and, considering the kinds of love discussed in this chapter (eros, agape, romantic, family), describe which kind of love is represented in the story and what the story implies about the nature of true love.
Do so in 150 words.
In: Psychology
baby boomers blame baby busters for passing doen the
serious problems that they are now confronting: getting good jobs ,
for example
true or false?
In: Operations Management
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RAK, Inc., has no debt outstanding and a total market value of $250,000. Earnings before interest and taxes, EBIT, are projected to be $42,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 18 percent higher. If there is a recession, then EBIT will be 30 percent lower. RAK is considering a $100,000 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 10,000 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0.
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In: Finance
Calmex is situated in North India. It specialises in
manufacturing overhead water tanks. The management of Calmex has
identified a niche market in certain southern cities that need a
particular size of water tank not currently manufactured by the
company. The company is thus thinking of producing a new type of
tank. The survey of company’s marketing department reveals that the
company could sell 1,20,000 tanks each year for 6 years at a price
of Rs 700 each. The company’s current facilities cannot be used to
manufacture new tanks. Thus it will have to buy new machinery. A
manufacturer has offered 2 options to the company.
1st option: Buy 4 small machines with the capacity of manufacturing
30,000 tanks each at Rs 15 million each. The machine operation and
manufacturing cost of each tank will be Rs 535.
2nd option: Buy 1 large machine with the capacity of 120000 units
p.a. for Rs 120 million. The machine operation and manufacturing
cost of each tank will be Rs 400.
The company is looking at raising the required capital through a
mix of debt, equity and retained earnings in the proportion of 0.5,
0.25 and 0.25 respectively. The company has just declared a
dividend of 15% on equity share of face value of Rs 100 each. The
expected future growth rate in dividend is 12% p.a. The equity
share is currently trading at a price of Rs 168. The bonds of face
value Rs 1000 and coupon rate of 16% p.a. is currently trading at
Rs 900. Five years remain to maturity and bonds are redeemable at
Rs 1100. Assume the applicable tax rate to be 50%. Which option
should the company accept? Use alternative techniques of evaluation
(NPV, Payback period and Profitability index).
there is no flotation cost in orginal question
In: Finance
Where does the organization AT&T rate in the market?
In: Operations Management
Holmes Manufacturing is considering a new machine that costs $285,000 and would reduce pretax manufacturing costs by $90,000 annually. The new machine will be fully depreciated at the time of purchase. Management thinks the machine would have a value of $22,000 at the end of its 5-year operating life. Net operating working capital would increase by $26,000 initially, but it would be recovered at the end of the project's 5-year life. Holmes's marginal tax rate is 25%, and a 12% WACC is appropriate for the project.
| Scenario | Probability | Cost Savings | Salvage Value | NOWC |
| Worst case | 0.35 | $72,000 | $17,000 | $31,000 |
| Base case | 0.35 | $90,000 | $22,000 | $26,000 |
| Best case | 0.30 | $108,000 | $27,000 | $21,000 |
| E(NPV): | $ |
| σNPV: | $ |
| CV: |
In: Finance
The Dauten Toy Corporation uses an injection molding machine that was purchased prior to the new tax legislation. This machine is being depreciated on a straight-line basis, and it has 6 years of remaining life. Its current book value is $2,400, and it can be sold for $2,600 at this time. Thus, the annual depreciation expense is $2,400/6 = $400 per year. If the old machine is not replaced, it can be sold for $500 at the end of its useful life.
Dauten is offered a replacement machine which has a cost of $9,000, an estimated useful life of 6 years, and an estimated salvage value of $800. The replacement machine is eligible for 100% bonus depreciation at the time of purchase. The replacement machine would permit an output expansion, so sales would rise by $800 per year; even so, the new machine's much greater efficiency would cause operating expenses to decline by $1,000 per year. The new machine would require that inventories be increased by $2,500, but accounts payable would simultaneously increase by $800. Dauten's marginal federal-plus-state tax rate is 25%, and its WACC is 11%.
What is the NPV of the incremental cash flow stream? Negative
value, if any, should be indicated by a minus sign. Round your
answer to the nearest cent.
$
In: Finance
Define a problem with user input, user output, While Statement and some mathematical computation. Write the pseudocode, code and display output.
In: Computer Science
Develop a flowchart for ONE of the processes below and discuss the non-value added activities, bottlenecks, duplication or delays. Make recommendations to improve the process.
In: Computer Science