VISUAL BASIC (VB.NET)1. Create a Sub Procedure with a
name of your choice and in the procedure, declare a
2-Dimensinal (2-D) array that can store 15 Integer numbers. Then
implement a
nested loop that will be used to store any 15 Integer numbers into
the 2-D array at
runtime (an interactive program).
The implementation will be such that the program cannot terminate
unless all the
inputs provided are integers (user input validation). If you
provide an invalid input,
you should be asked to “Try again”. Make sure also to print out all
valid inputs
respectively, after the point of insertion.
Note – The Procedure you created should be called in the Main
Procedure to run it.
In: Computer Science
acme Services’ CFO is considering whether to take on a
new project that has average risk. She has collected the following
information: • The company has outstanding bonds that mature in 15
years. The bonds have a face value of $1,000, an annual coupon of
7.5%, and sell in the market today for $1150. There are 15,000
bonds outstanding.
• The risk-free rate is 3%
. • The market risk premium is 5%
. • The stock’s beta is 0.9
. • The company’s tax rate is 35%.
• The company has 100,000 shares of preferred stock with a par
value of $100. These shares are currently trading at $73, and pay
an annual dividend of $3.50.
• The company also has 2,250,000 common shares trading at $15.
These shares last paid an annual dividend of $0.33.
What is Acme's...
a. weight of common shares
b. before tax cost of acmes debt
c. preferred shares
d. value of debt
e. weight of debt
f. firm value
In: Finance
As consumers, we continually interact and consume brands to satisfy our functional and emotional needs. Applying the theory covered as part of this module to your own experience as consumers,
In: Operations Management
As consumers, we continually interact and consume brands to satisfy our functional and emotional needs. Applying the theory covered as part of this module to your own experience as consumers, answer all three questions:-
1. The Internet and digital world has presented new opportunities and threats for brand managers. One threat is the increasing competition traditional, bricks and mortar retail brands are facing from online retail brands. In order to survive, traditional retail brands are having to adapt to this changing environment .
In: Operations Management
At $80 , a firm can sell 4,715 stereo earphones (3.5 mm for android). At this price, elasticity is estimated at 2.2. What is the change in total revenue (+ or -) if the firm drops price by 12%? Round your answer to the nearest dollar.
At $171, a firm can sell 19,195 stereo earphones (3.5 mm for android). These are premium earphones, guaranteed for 5 years. At this price, elasticity is estimated at 0.4. What is the change in total revenue (+ or -) if the firm drops price by 10%?
In: Finance
The Facts: Enzo and Marie have come to your office for some business organization advice. They plan to set up a flower shop. Enzo will work in the store. Marie will invest the original operating capital of $100,000. They want to share management authority, profits and losses equally. They plan to distribute all of the profits from the business to themselves as they are earned.
(1) List TWO benefits a member-managed Limited Liability Company (LLC) would provide Enzo and Marie based on the fit between the basic business planning characteristics of such an LLC and their expressed business objectives. (Worth 5 points)
(2) Assuming they elect to do business as an LLC, what advice would you give Enzo and Marie about signing any agreements with third parties before the LLC is formed? (Covered this problem in class and made a statement about it) (Worth 5 points)
(3) When does the LLC's existence begin? (Worth 2 points) (
4) Gerard is an incredible candy maker and would like to go into business for himself, but he needs some money to get started. His parents want to help him get his feet on the ground and start his career. They agree to invest in his business; however, they don’t want to be involved in any part of the business, they are just trying to help him out. Gerard asks your supervising attorney for advice on how to organize his business. The task is assigned to you. What business form would suit the needs of Gerard? Why? What are the advantages of this business form?
5) Gerard may have two different business forms that could be used. Name each and provide a brief description of the benefits and detriments of each one. Then which of those two would you recommend and why? (Worth 10 points)
In: Operations Management
What is the theory of personality according to humanism?
In: Psychology
The following income statement and balance sheets for Virtual Gaming Systems are provided.
VIRTUAL GAMING SYSTEMS | |||||||
Income Statement | |||||||
For the year ended December 31, 2021 | |||||||
Net sales | $ | 3,046,000 | |||||
Cost of goods sold | 1,952,000 | ||||||
Gross profit | 1,094,000 | ||||||
Expenses: | |||||||
Operating expenses | $ | 860,000 | |||||
Depreciation expense | 27,000 | ||||||
Loss on sale of land | 8,200 | ||||||
Interest expense | 16,000 | ||||||
Income tax expense | 50,000 | ||||||
Total expenses | 961,200 | ||||||
Net income | $ | 132,800 | |||||
VIRTUAL GAMING SYSTEMS | ||||||||
Balance Sheets | ||||||||
December 31 | ||||||||
2021 | 2020 | |||||||
Assets | ||||||||
Current assets: | ||||||||
Cash | $ | 188,000 | $ | 146,000 | ||||
Accounts receivable | 83,000 | 62,000 | ||||||
Inventory | 107,000 | 137,000 | ||||||
Prepaid rent | 12,200 | 6,240 | ||||||
Long-term assets: | ||||||||
Investment in bonds | 107,000 | 0 | ||||||
Land | 212,000 | 242,000 | ||||||
Equipment | 272,000 | 212,000 | ||||||
Less: Accumulated depreciation | (71,000 | ) | (44,000 | ) | ||||
Total assets | $ | 910,200 | $ | 761,240 | ||||
Liabilities and Stockholders' Equity | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 68,000 | $ 115,840 | |||||
Interest payable | 6,400 | 3,200 | ||||||
Income tax payable | 16,000 | 14,200 | ||||||
Long-term liabilities: | ||||||||
Notes payable | 287,000 | 227,000 | ||||||
Stockholders' equity: | ||||||||
Common stock | 302,000 | 302,000 | ||||||
Retained earnings | 230,800 | 99,000 | ||||||
Total liabilities and stockholders’ equity | $ | 910,200 | $ | 761,240 | ||||
Earnings per share for the year ended December 31, 2021, are $1.20. The closing stock price on December 31, 2021, is $27.50.
Required:
Calculate the following profitability ratios for 2021. (Round your answers to 1 decimal place.)
In: Accounting
When looking at the macro economy right now, the Federal Reserve System seems to be taking the position that a recession is unlikely at least for the next year. Given the seven companies listed in the first assignment (i.e., AAPL, ADP, AMZN, GOOGL, JPM, MCD, and WEN), list three firms most likely to benefit from an upturn in economic activity. Please provide a short justification for each firm you select.
In: Finance
Assume that Product Z is made of two units of A and three units of B. A is made of three units of C and four of D. D is made of two units of E.
Lead times for purchase or fabrication of each unit to final assembly are: Z takes two weeks; A, B, C, and D take one week each; and E takes three weeks.
Fifty five units OF Product Z are required in Period 10. (Assume that there is currently no inventory on hand of any of these items.)
b. Develop an MRP planning schedule showing gross and net requirements and order release and order receipt dates. (Leave no cells blank - be certain to enter "0" wherever required.)
Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |
Item Z OH = 0 LT = 2 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
Item A OH = 0 LT = 1 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
Item B OH = 0 LT = 1 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
Item C OH = 0 LT = 1 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
Item D OH = 0 LT = 1 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
Item E OH = 0 LT = 3 SS = 0 Q = L4L |
Gross requirements | ||||||||||
Scheduled receipts | |||||||||||
Projected available balance | |||||||||||
Net requirements | |||||||||||
Planned order receipts | |||||||||||
Planned order releases | |||||||||||
In: Operations Management
QUESTION 41 The current stock price for a company is $48 per share, and there are 4 million shares outstanding. The beta for this firms stock is 1.3, the risk-free rate is 4.7, and the expected market risk premium is 6.4%. This firm also has 230,000 bonds outstanding, which pay interest semiannually. These bonds have a coupon interest rate of 7%, 17 years to maturity, a face value of $1,000, and an annual yield to maturity of 7.1%. If the corporate tax rate is 35%, what is the Weighted Average Cost of Capital (WACC) for this firm? (Answer to the nearest hundredth of a percent, but do not use a percent sign).
In: Finance
2. Look at the last five(omit 2020 Q2) quarters covered in the table. Compare the most recent quarter to the same quarter in the previous year.
a) Which sector* had the largest percentage increase in profit (or largest decrease in loss)
b) Which sector had the smallest percentage increase in profit (or the largest percentage decrease in profit)?
c) Which sectors*, if any, experienced losses during any of the last four quarters covered in the table?
*Note: By "sector", I mean certain groups larger than an individual industry: These are: “Financial” (Row 10), “Utilities (Row 14), "Manufacturing" (Row 15), "Durable goods" (Row 16), "Nondurable goods" (Row 23) and Rows 28 through 32. The listings in Rows 17 through 22 and 24 through 27 (the rows which are most indented from the left margin) are industries, not sectors.
Line | 2018 | 2019 | 2020 | ||||||||
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | ||
1 | Corporate profits with inventory valuation and capital consumption adjustments | 2206 | 2225.3 | 2258.1 | 2282.5 | 2181.2 | 2263.2 | 2246.5 | 2311.3 | 2035 | 1808.2 |
2 | Domestic industries | 1670 | 1712.6 | 1765.6 | 1773.5 | 1696.8 | 1756.9 | 1731.9 | 1794.6 | 1561.9 | 1431.3 |
3 | Financial1 | 428.7 | 426 | 420.8 | 420.8 | 454.2 | 463.8 | 456.8 | 473.4 | 431.2 | 470.7 |
4 | Nonfinancial | 1241.3 | 1286.7 | 1344.8 | 1352.7 | 1242.6 | 1293.2 | 1275.2 | 1321.2 | 1130.7 | 960.6 |
5 | Rest of the world | 536 | 512.7 | 492.5 | 509 | 484.4 | 506.2 | 514.5 | 516.6 | 473.1 | 376.9 |
6 | Receipts from the rest of the world | 858.2 | 879 | 848.2 | 879.6 | 847.2 | 879.4 | 877.3 | 880.8 | 790.5 | 650.9 |
7 | Less: Payments to the rest of the world | 322.2 | 366.3 | 355.7 | 370.6 | 362.8 | 373.2 | 362.7 | 364.2 | 317.4 | 274 |
8 | Corporate profits with inventory valuation adjustment | 2088.9 | 2112.5 | 2149.9 | 2176.8 | 2154.9 | 2246.4 | 2231.7 | 2294.9 | 2053.5 | 1826.9 |
9 | Domestic industries | 1552.9 | 1599.8 | 1657.4 | 1667.8 | 1670.5 | 1740.2 | 1717.2 | 1778.3 | 1580.4 | 1450 |
10 | Financial | 423.2 | 419.6 | 414.6 | 415.3 | 460.1 | 472.3 | 466.7 | 482.9 | 444.7 | 484.1 |
11 | Federal Reserve banks | 73.7 | 70.5 | 66.9 | 61 | 53 | 56.6 | 50.7 | 49.4 | 68.5 | 64.9 |
12 | Other financial2 | 349.5 | 349.1 | 347.6 | 354.3 | 407.1 | 415.8 | 416 | 433.5 | 376.2 | 419.2 |
13 | Nonfinancial | 1129.7 | 1180.2 | 1242.8 | 1252.5 | 1210.4 | 1267.8 | 1250.5 | 1295.4 | 1135.7 | 966 |
14 | Utilities | 22.7 | 23.3 | 22.3 | 18.6 | 26.2 | 28.2 | 27.1 | 27.3 | 22.5 | --- |
15 | Manufacturing | 276.2 | 348.1 | 365.3 | 360.9 | 324.5 | 344.9 | 341 | 335.7 | 302.2 | --- |
16 | Durable goods | 147.6 | 183.9 | 187.3 | 164.9 | 188 | 193.1 | 174.2 | 170.1 | 157.8 | --- |
17 | Fabricated metal products | 20.7 | 19.3 | 19.7 | 19.6 | 25.7 | 25.3 | 23.9 | 24.2 | 23 | --- |
18 | Machinery | 16.6 | 22.3 | 18.8 | 18.3 | 22.9 | 29.6 | 27.1 | 26.1 | 20.9 | --- |
19 | Computer and electronic products | 44.5 | 58.2 | 61.3 | 54 | 56.3 | 50.4 | 45.4 | 51.3 | 54.7 | --- |
20 | Electrical equipment, appliances, and components | 12.3 | 11.8 | 11.2 | 8.3 | 10.4 | 12 | 12.5 | 10.9 | 7.9 | --- |
21 | Motor vehicles, bodies and trailers, and parts | 0 | 0.1 | 5.8 | -2.1 | 1.9 | 2.1 | 0.2 | -2.1 | -1.1 | --- |
22 | Other durable goods3 | 53.5 | 72.2 | 70.6 | 66.8 | 70.8 | 73.7 | 65.2 | 59.7 | 52.4 | --- |
23 | Nondurable goods | 128.5 | 164.2 | 178 | 196 | 136.6 | 151.8 | 166.8 | 165.6 | 144.4 | --- |
24 | Food and beverage and tobacco products | 48.4 | 52.9 | 51.8 | 37.2 | 45.7 | 47.8 | 51.6 | 48 | 50.4 | --- |
25 | Petroleum and coal products | 13.8 | 21.3 | 29.6 | 59.2 | 6.2 | 16.2 | 21.7 | 25.8 | 15.9 | --- |
26 | Chemical products | 41.6 | 62.4 | 67.1 | 72.5 | 55.9 | 57.2 | 61.3 | 58.8 | 57 | --- |
27 | Other nondurable goods4 | 24.7 | 27.7 | 29.6 | 27.1 | 28.8 | 30.6 | 32.2 | 33.1 | 21.2 | --- |
28 | Wholesale trade | 111.3 | 94.9 | 103.9 | 112.9 | 103.9 | 110.5 | 113.4 | 117.4 | 108.3 | --- |
29 | Retail trade | 149.5 | 137.7 | 157.5 | 141.2 | 155.5 | 165.6 | 166.8 | 184.2 | 167.1 | --- |
30 | Transportation and warehousing | 48.5 | 46.6 | 52 | 64.2 | 54.7 | 54.4 | 59.5 | 57 | 37.8 | --- |
31 | Information | 134.9 | 143.4 | 144 | 134.6 | 136.2 | 140 | 108.4 | 138.7 | 126.7 | --- |
32 | Other nonfinancial5 | 386.7 | 386.2 | 397.8 | 420.1 | 409.4 | 424.3 | 434.3 | 435.1 | 371 | --- |
33 | Rest of the world | 536 | 512.7 | 492.5 | 509 | 484.4 | 506.2 | 514.5 | 516.6 | 473.1 | 376.9 |
In: Accounting
Do you think that taking the (Harvard) MBA Oath positively affects the ability of employees to discharge their ethical duties? Is it useful? If so, in what ways? What would you add to the Oath? Is there anything that concerns you, and why?
In: Economics
Does strong Canadian dollar indicate a strong Canadian economy? Explain in words how even if economy is weak in Canada, the Canadian value may appreciate and the opposite?
In: Economics
]
A mail-order firm processes 4,800 checks per month. Of these, 60 percent are for $38 and 40 percent are for $70. The $38 checks are delayed three days on average; the $70 checks are delayed four days on average. Assume 30 days in a month. |
a-1 | What is the average daily collection float? |
Average daily collection float | $ |
a-2 | How do you interpret your answer? |
On average, there is $ that is (Click to select)collecteduncollected and (Click to select)availablenot available to the firm. |
b-1 |
What is the weighted average delay? (Round your answer to 2 decimal places. (e.g., 32.16)) |
Weighted average delay | days |
b-2 | Calculate the average daily float. |
Average daily float | $ |
c. | How much should the firm be willing to pay to eliminate the float? |
Maximum payment | $ |
d. |
If the interest rate is 7 percent per year, calculate the daily cost of the float. (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
Daily cost of the float | $ |
e. | How much should the firm be willing to pay to reduce the weighted average float to 1.5 days? |
Maximum payment | $ |
In: Finance