Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $80, and the book value per share is $8. The company also has two bond issues outstanding. The first bond issue has a face value of $125 million, a coupon rate of 5 percent, and sells for 91 percent of par. The second issue has a face value of $110 million, a coupon rate of 4 percent, and sells for 106 percent of par. The first issue matures in 23 years, the second in 9 years.

Suppose the most recent dividend was $4.80 and the dividend growth rate is 5.1 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 21 percent. What is the company’s WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Fountain Corporation’s economists estimate that a good business environment and a bad business environment are equally likely for the coming year. The managers of the company must choose between two mutually exclusive projects. Assume that the project the company chooses will be the company’s only activity and that the company will close one year from today. The company is obligated to make a $4,600 payment to bondholders at the end of the year. The projects have the same systematic risk but different volatilities. Consider the following information pertaining to the two projects: Economy Probability Low-Volatility Project Payoff High-Volatility Project Payoff Bad .50 $ 4,600 $ 4,000 Good .50 5,350 5,950 a. What is the expected value of the company if the low-volatility project is undertaken? The high-volatility project? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) b. What is the expected value of the company’s equity if the low-volatility project is undertaken? The high-volatility project? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) c. Which project would the company’s stockholders prefer if they are risk neutral? d. Suppose bondholders are fully aware that stockholders might choose to maximize equity value rather than total company value and opt for the high-volatility project. To minimize this agency cost, the company's bondholders decide to use a bond covenant to stipulate that the bondholders can demand a higher payment if the company chooses to take on the high-volatility project. What payment to bondholders would make stockholders indifferent between the two projects? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

A discussion of your opinion on how the travel and tourism industry might change because of Covid19. What might the new normal look like? How will things change? May be written in 1st person.

Disney uses a service matrix tool as a diagnostic tool to ensure optimal customer service.

For a business of your choice, like Starbucks, Target, Townfair Tire, Walmart…etc make a table where the first column lists the business services standards and first row shows the delivery mechanisms for those service standards. It should be a matrix tool (look up Disney service delivery matrix tool).

Java Programming Problem:

Define a generic method called checkOrder() that checks if four items are in ascending, neither, or descending order. The method should return -1 if the items are in ascending order, 0 if the items are unordered, and 1 if the items are in descending order.

The program reads four items from input and outputs if the items are ordered. The items can be different types, including integers, Strings, characters, or doubles.

Ex. If the input is:

bat hat mat sat
63.2 96.5 100.1 123.5

the output is:

Order: -1
Order: -1

The following is the current code for the problem:

import java.util.Scanner;

public class WhatOrder {
// TODO: Define a generic method called checkOrder() that
// takes in four variables of generic type as arguments.
// The return type of the method is integer


// Check the order of the input: return -1 for ascending,
// 0 for neither, 1 for descending

public static void main(String[] args) {
Scanner scnr = new Scanner(System.in);

// Check order of four strings
System.out.println("Order: " + checkOrder(scnr.next(), scnr.next(), scnr.next(), scnr.next()));

// Check order of four doubles
System.out.println("Order: " + checkOrder(scnr.nextDouble(), scnr.nextDouble(), scnr.nextDouble(), scnr.nextDouble()));
}
}

1. What would be the power of magnification when using a microscope with a 10x ocular lens and a 45x objective lens?

• 10x

• 45x

• 55x

• 450x

• 35x
  2. A Petri dish containing isolated colonies of Staphylococcus aureus, Escherichia coli, and Pseudomonas aeruginosa would be described as being

• a pure culture.

• a mixed culture.

• a contaminated culture.

• an axenic culture.
  3. What type of media would be the best choice for isolating a bacterial colony

• nutrient broth

• motility media

• trypticase soy agar

• trypticase soy broth
  4. Mannitol salt agar contains (among other ingredients) extracts of animal tissue and mixed proteins, along with sodium chloride, which inhibits the growth of organisms other than those in the genus Staphylococcus. It also includes mannitol, which is fermented by Staphylococcus aureus, turning the medium yellow. Other species of Staphylococcus (which do not ferment mannitol) will still grow, but the medium remains red in color. Mannitol salt agar could be classified as
  

  Check All That Apply

• a solid medium.a solid medium.

• a liquid medium.a liquid medium.

• a differential medium.a differential medium.

• a selective medium.a selective medium.

• a complex medium.a complex medium.

• a defined medium.

Please explain Enterprise Architecture, and how does it make each organization different

need to find and note pros/cons for each organization

You work for Australia Wide Taxations Solutions—a company of 1,500 employees offering taxation services in different cities across the country. The company offers five services: personal taxation, small business taxation, corporate services, personal wealth creation and corporate asset management.

It is working in a highly regulated and legislated industry.

You have been asked to work with the team conducting a risk assessment for the entire organisation.

How will you identify the risk management scope—what things do you need to look at? What challenges does a scope of this size pose and how would you approach the risk assessment process? (350–400 words)

Write a C++ program to score the paper-rock-scissor game. Each of two players (player1 and player2) input a character which could be either ‘P’, ‘R’, or ‘S’ (in uppercase or lowercase). For any other input character should display a message “Invalid input”. The program then announces who is the winner as well as the basis for determining the winner which could be one of the following: “Paper covers rock”, “Rock breaks scissors”, “Scissors cut paper”, or “Nobody wins”. (Use switch statement)

Please do not add up the scores just have a simple quick game and then I would have to reset the program to play again

Calculation of individual costs and WACC   Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital. The weighted average cost is to be measured by using the following​ weights: 35​% ​long-term debt, 15​% preferred​ stock, and 50​% common stock equity​ (retained earnings, new common​ stock, or​ both). The​ firm's tax rate is 26​%. Debt The firm can sell for ​$1015 a 17​-year, ​$1000​-par-value bond paying annual interest at a 11.00​% coupon rate. A flotation cost of 2.5​% of the par value is required. Preferred stock  7.00​% ​(annual dividend) preferred stock having a par value of ​$100 can be sold for ​$94. An additional fee of ​$5 per share must be paid to the underwriters.

Common stock  The​ firm's common stock is currently selling for ​$70 per share. The stock has paid a dividend that has gradually increased for many​ years, rising from ​$2.75 ten years ago to the ​$5.16 dividend​ payment, Upper D 0​, that the company just recently made. If the company wants to issue new new common​ stock, it will sell them ​$2.50 below the current market price to attract​ investors, and the company will pay ​$2.50 per share in flotation costs. 

  a.  Calculate the​ after-tax cost of debt.

b.  Calculate the cost of preferred stock.

c.  Calculate the cost of common stock​ (both retained earnings and new common​ stock).

d.  Calculate the WACC for Dillon Labs.

Suppose residents of Islandia use rubies as money. Every ruby is used, on an average, 7 times per year to carry out transactions. The total supply of rubies is fifty million. (a) What is the level of aggregate nominal spending in Islandia according to the quantity theory of money? (b) Suppose now that the residents of Islandia use less money to conduct the same number of transactions. What is the effect on the velocity of money? (c) Suppose a new financial product named “bonds” introduced into the economy. How the introduction of this new financial product will affect the willingness to hold rubies and consequently the velocity of rubies? (d) Plot the following table on the graph showing average money growth rates on the horizontal axis and average inflation rates on the vertical axis.

(e)Do the data reported in the above table support the quantity theory of money? Explain your answer with the help of the graph you draw in part (d).

ATC 14-1 Business Applications Case Preparing and using pro forma statements

Maria Gutierrez and Devin Duzan recently graduated from the same university. After graduation they decided not to seek jobs at established organizations but, rather, to start their own small business hoping they could have more flexibility in their personal lives for a few years. Maria’s family has operated Mexican restaurants and taco trucks for the past two generations, and Maria noticed there were no taco truck services in the town where their university was located. To reduce the amount, they would need for an initial investment, they decided to start a business operating a taco cart rather than a taco truck, from which they would cook and serve traditional Mexican-styled street food.

They bought a used taco cart for $25,000. This cost, along with the cost for supplies to get started, a business license, and street vendor license brought their initial expenditures to $29,000. They took $5,000 from personal savings they had accumulated by working part-time during college, and they borrowed $15,000 from Maria’s parents. They agreed to pay interest on the outstanding loan balance each month based on an annual rate of 4 percent. They will repay the principal over the next few years as cash becomes available. They were able to rent space in a parking lot near the campus they had attended, believing that the students would welcome their food as an alternative to the typical fast food that was currently available.

After two months in business, September and October, they had average monthly revenues of $20,000 and out-of-pocket costs of $16,000 for rent, ingredients, paper supplies, and so on, but not interest. Devin thinks they should repay some of the money they borrowed, but Maria thinks they should prepare a set of forecasted financial statements for their first year in business before deciding whether or not to repay any principal on the loan. She remembers a bit about budgeting from a survey of accounting course she took and thinks the results from their first two months in business can be extended over the next 10 months to prepare the budget they need. They estimate the cart will last at least five years, after which they expect to sell it for $5,000 and move on to something else in their lives. Maria agrees to prepare a forecasted (pro forma) income statement, balance sheet, and statement of cash flows for their first year in business, which includes the two months already passed.

Required

1. Prepare the annual pro forma financial statements that you would expect Maria to prepare based on her comments about her expectations for the business. Assume no principal will be repaid on the loan. [Note: Some amounts are different from the printed text version]

2. Review the statements you prepared for the first requirement and prepare a list of reasons why actual results for Devin and Maria’s business probably will not match their budgeted statements.

Identify some principles that are important to the success of the nap time routine.

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods

The units of an item available for sale during the year were as follows:

There are 20 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (Round per unit cost to two decimal places and your final answer to the nearest whole dollar).

1. Inventory Turnover and Days' Sales in Inventory

   Financial statement data for years ending December 31 for Amsterdam Company follow:

   	20Y4				20Y3
   Cost of merchandise sold	$3,598,900				$3,015,630
   Inventories:
   Beginning of year	593,000				589,600
   End of year	648,000				593,000

   a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place.

   	Inventory Turnover
   20Y4	fill in the blank 1
   20Y3	fill in the blank 2

   b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place.

   	Days' Sales in Inventory
   20Y4	fill in the blank 3 days
   20Y3	fill in the blank 4 days

   c. Does the change in the inventory turnover and the days' sales in inventory from 20Y3 to 20Y4 indicate a favorable or an unfavorable trend?
   

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