Peter Gitman is the Senior Relationship Manager at the ABC Wealth Management Company which provides financial planning advisory to high net worth customers. One of his customers Linda Scott told him that she is thinking of giving approximately HKD500,000 to charity to reduce her income taxes. Peter is also the member of the executive committee of the ‘Lovely Home for Seniors’, a charity organization providing services to the elders. The organization is planning its fundraising activity for the year. Peter recommends that the President of the ‘Lovely Home for Seniors’ call on Linda and ask for a donation in similar range.
Comment the action taken by Peter Gitman according to the professional and ethical standards.
In: Finance
A manager must decide which type of machine to buy, A, B, or C.
Machine costs (per individual machine) are as follows:
Machine | Cost | |
A | $ | 80,000 |
B | $ | 70,000 |
C | $ | 40,000 |
Product forecasts and processing times on the machines are as
follows:
PROCCESSING TIME PER UNIT (minutes) | |||||
Product | Annual Demand |
A | B | C | |
1 | 24,000 | 1 | 4 | 6 | |
2 | 8,000 | 1 | 3 | 5 | |
3 | 30,000 | 6 | 4 | 3 | |
4 | 18,000 | 6 | 5 | 1 | |
a. Assume that only purchasing costs are being
considered. Compute the total processing time required for each
machine type to meet demand, how many of each machine type would be
needed, and the resulting total purchasing cost for each machine
type. The machines will operate 10 hours a day, 240 days a year.
(Enter total processing times as whole numbers. Round up
machine quantities to the next higher whole number. Compute total
purchasing costs using these rounded machine quantities. Enter the
resulting total purchasing cost as a whole number. Omit the "$"
sign.)
Total processing time in minutes per machine: | |
A | |
B | |
C | |
Number of each machine needed and total purchasing cost | ||
A | $ | |
B | $ | |
C | $ | |
b. Consider this additional information: The
machines differ in terms of hourly operating costs: The A machines
have an hourly operating cost of $12 each, B machines have an
hourly operating cost of $14 each, and C machines have an hourly
operating cost of $15 each. What would be the total cost associated
with each machine option, including both the initial purchasing
cost and the annual operating cost incurred to satisfy
demand?(Use rounded machine quantities from Part a. Do not
round any other intermediate calculations. Round your final answers
to the nearest whole number. Omit the "$" sign.)
Total cost for each machine | |
A | |
B | |
C |
In: Operations Management
Six-letter code sequences are formed from the letters A through
Z (26 letters). The letters can be repeated.
(a) What is the probability that a six-letter sequence formed
starts with X, Y, or Z?
(b) What is the probability that 2 X's, 2 Y's, and 2 Z's form the six-letter sequence?
In: Math
For each of the following compounds, determine the bond angles, electron-domain and molecular geometries, hybridization, and polarity associated with each molecule.
KrF4
CHBr3
N021-
BrF3
In: Chemistry
A city is hosting an annual marathon event and wants to produce t-shirts. Maria was able to obtain previous years’ demand and probability data as given in below table. She also estimates:
Selling price is $10, cost is $3, and the salvage value is $1.
Calculate all numbers in the payoff table. Show all work. How many shirts should be made to maximize profit?
Demand = 1000, 20% |
Demand = 2000, 30% |
Demand = 3000, 30% |
Demand = 4000, 20% |
Profit |
|
Make 1000 |
|||||
Make 2000 |
|||||
Make 3000 |
|||||
Make 4000 |
In: Operations Management
Write a function int strlen(char s1[]) which returns the length of the char array s1.
In: Computer Science
In: Operations Management
2. Consider the Leader-Member Exchange Theory, what do you see as the significant contradiction between this theory and Fiedler’s Contingency Theory when it comes to leadership styles. Explain fully.
3. Explain Transformational Leadership and Charismatic Leadership. What do you see as similarities in these two styles and what do you see as dissimilarities. Explain fully giving examples.
In: Operations Management
The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $2.7 million and net plant and equipment equals $2.3 million. It has notes payable of $160,000, long-term debt of $755,000, and total common equity of $1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.
Write out your answers completely. For example, 25 million should be entered as 25,000,000. Negative values, if any, should be indicated by a minus sign. Round your answers to the nearest dollar, if necessary.
What is the company's total debt?
$
What is the amount of total liabilities and equity that appears on the firm's balance sheet?
$
What is the balance of current assets on the firm's balance sheet?
$
What is the balance of current liabilities on the firm's balance sheet?
$
What is the amount of accounts payable and accruals on its balance sheet? (Hint: Consider this as a single line item on the firm's balance sheet.)
$
What is the firm's net working capital? If your answer is zero, enter "0".
$
What is the firm's net operating working capital?
$
What is the monetary difference between your answers to part f and g?
$
What does this difference indicate?
-Select-The difference indicates Notes payable balance.The difference indicates Accounts payable balance.The difference indicates Current liabilities balance.
In: Finance
Problem Title : Magical Cave
Lili, a great magician, has a mission to enter a cave to get treasure inside. The cave only has 1 path without branches. But the cave is not safe because there are some traps inside that can reduce Lili’s life points. But in addition to traps, the cave also has potions that can increase Lili’s life points. Before entering the cave, Lili casts magic that can reveal all the traps and potions inside the cave. But before entering the cave, Lili must prepare her life points first because in the cave because Lili cannot use her magic to add life points or destroy the traps. What is the minimum life point that Lili must prepare so that her life point is always positive during the trip inside the cave.
Note: if Lili's point drops to 0 or negative before entering and during the trip inside the cave, then Lili is declared dead.
Format Input
There are T test cases. Each testcase contains an integer N which represents the length of the cave. On the next line there are N numbers represents the value of trap and potion. Traps are marked with numbers that are negative and potions are marked with numbers that are positive.
Format Output
Output T line with format “Case #X: ”, where X represents the testcase number and Y represents the initial life points that Lili has to prepare.
Constraints
Sample Input & Output (standard input & output)
2
5
1 2 -3 4 -5
Case #1: 2
5
-1 -1 -1 -2 9
Case #2: 6
Explanation
In case 1, the minimum life points that Lili must prepare is 2.
With a simulation like the following.
At position 1, Lili’s life point increased by 1 to 3.
At position 2, Lili’s life point increased by 2 to 5.
At position 3, Lili’s life point is reduced by 3 to 2.
At position 4, Lili’s life point increased to 4 to 6.
At position 5, Lili’s life point is reduced by 5 to 1.
In each position Lili’s life points are Positive so the
answer is Valid. if the initial life
prepared by Lili is 1, then Lili will die in fifth position with a
life point of 0.
In: Computer Science
A company has a 13% WACC and is considering two mutually exclusive investments (that cannot be repeated) with the following cash flows:
0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Project A | -$300 | -$387 | -$193 | -$100 | $600 | $600 | $850 | -$180 |
Project B | -$400 | $132 | $132 | $132 | $132 | $132 | $132 | $0 |
What is each project's NPV? Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest cent.
Project A: $
Project B: $
What is each project's IRR? Do not round intermediate calculations. Round your answers to two decimal places.
Project A: %
Project B: %
What is each project's MIRR? (Hint: Consider Period 7 as the end of Project B's life.) Do not round intermediate calculations. Round your answers to two decimal places.
Project A: %
Project B: %
Construct NPV profiles for Projects A and B. If an amount is zero, enter 0. Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest cent.
Discount Rate | NPV Project A | NPV Project B |
0% | $ | $ |
5 | ||
10 | ||
12 | ||
15 | ||
18.1 | ||
23.86 |
Calculate the crossover rate where the two projects' NPVs are equal. Do not round intermediate calculations. Round your answer to two decimal places.
%
What is each project's MIRR at a WACC of 18%? Do not round intermediate calculations. Round your answers to two decimal places.
Project A: %
Project B: %
In: Finance
Discuss considerations that a restaurant owner or manager should take into account before deciding between the following alternatives: pur- chasing an expensive piece of equipment to make hamburger portions of uniform size, or employing people on hourly wages to do the same work, along with buying inexpensive portion scales for them to work with.
In: Operations Management
In: Nursing
In: Electrical Engineering
Your company currently has $ 1,000 par, 6.75 % coupon bonds with 10 years to maturity and a price of $ 1,076. If you want to issue new 10-year coupon bonds at par, what coupon rate do you need to set? Assume that for both bonds, the next coupon payment is due in exactly six months.
In: Finance