Faleye Consulting is deciding which of two computer systems to purchase. It can purchase state-of-the-art equipment (System A) for $19,000, which will generate cash flows of $10,000 at the end of each of the next 6 years. Alternatively, the company can spend $14,000 for equipment that can be used for 3 years and will generate cash flows of $10,000 at the end of each year (System B). If the company’s WACC is 10% and both “projects” can be repeated indefinitely, which system should be chosen, and what is its EAA? Do not round intermediate calculations. Round your answer to the nearest cent.

Scenario

The instructors at the community college are happy with your grade averaging program and want to

expand it. You have been asked by the community college to modify the existing program to include

additional functionality that will calculate a student’s final grade for the faculty for multiple students.

The new program will accept data from the instructors, calculate the final grade and display information

on the screen. The program will output student information, the student category averages, the final

numeric grade and a statement that indicates if the student is passing.

Part I

1. Code the program using Java. The program should incorporate greetings to the instructor as well as

an ending message.

2. The program should include two classes: Grades.java and GradeCalculator.java.

3. The GradeCalculator.java class should include the main method and instantiate two objects

representative of two different sets of student grades. It should get input from the user and call

mutator and accessor methods to set and get object values.

4. The Grades.java class should include a constructor which will

a. initialize the Lab, Test and Project averages to a value of zero (0) and the final exm grade

to a value of zero (0) for each student grade object

b. keeps a running count of the number of students entered.

c. Records the system date the grades were entered for each student (Hint: use LocalDate class).

5. The program should greet the user by calling a method named displayGreeting();

6. The program should request the following information from the user:

Input Data (for each student):

• Student First Name (on a separate line from last name)
• Student Last Name(on a separate line from first name)
• Student ID
• Lab Average
• Project Average
• Test Average
• Final exm grade

7. The program should output the following information to the instructor by calling a method named

displayGrades() for each student:

Instructor receives the following output for each set of grades (one set for each student):

• Student’s first and last name concatenated on one line (i.e. John Smith)
• Student ID on a separate line
• List the average for each type of grade category (make sure the output is professional and is aligned appropriately and displays decimal points).

Example: (these are example values and should be output for both students)

Test Avg: 93.5

Lab Avg: 100

Project Avg: 93

Final Exm: 95

Course Grade: xx (weighted average calculated by the program)

• The numeric course grade is calculated based on a weighted average:

Labs = 30%

Tests = 30%

Projects = 30%

Final Exm = 10%

Final Grade = 30% x lab average + 30% x test average + 30% x project

average + 10% x final exm

• A message indicating whether the student is passing (true or false) – DO NOT use an IF

statement. Use the Boolean variable in a logical expression and print the result. Assume a 10

point scale when determining the passing rate.

• Thank the instructor for accessing the program at the end of the program

8. Name the java class files Grades.java and GradeCalculator.java.

a. The GradeCalculator should include the main( ) method which instantiates objects, calls

methods to enter grades, get and set grades entered and displays information to the

instructor for each student.

b. The Grades class should include a constructor and methods to set and get values.

c. The calculations can be included in either the Grades or the GradeCalculator class. This can

be your decision.

Assuring data quality is a critical element in managing data. You are responsible for assuring that newly cleaned data for Vila Health remains accurate and consistent. The organization uses several tools to support the collection of quality data. One is the pick list, which helps reduce errors by limiting user choices to appropriate data elements.

Write a post in which you discuss the procedures and application controls you can implement to ensure high-quality data for Vila Health. Also, discuss the role that health data standards play in maintaining data quality.

Consider two portfolios from the Capital Market Line (CML), A and B, given the following information:

Portfolio A: has an expected return of 10% and a standard deviation of 24%.

Portfolio B: has an expected return of 10.6% and a standard deviation of 26%.

a) Illustrate the CML, indicating portfolio A and B on CML.

b) What is the Sharpe ratio of portfolios located on the CML?

c) What is the risk-free rate?

d) Another portfolio, P, has an expected return of 9% and a standard deviation of 20%. Is this portfolio correctly priced?

Suppose we have two ways to source a product. One way is from the local supplier, while a second way is from a distant supplier.

The terms and parameters for each source are as given in following table:

Suppose demand for the component is μ=500/week; σ=100/week. (Assume normally distributed demand)

Suppose we have a holding cost of h=$0.01/week. This applies to all inventory in the system.

1. Compute the total landed cost per unit (equal to the procurement cost plus transportation cost plus holding cost for pipeline stock) for each source.

2. Suppose we source from a single supplier, and suppose we assume a periodic review policy with r = 1 week; suppose we have a shortage cost π = 0.30/unit.

What is the base stock for each option that minimizes the expected costs?

3. Suppose we follow the base stock policy calculated in Question 2.

What is the expected total cost per week for each option?

The expected total cost is the sum of the procurement cost, the transportation cost, the inventory holding cost for the pipeline inventory plus the cycle stock and safety stock, and the shortage cost.

4. Suppose we implement a dual sourcing strategy, and we place a standing order with the distant supplier for 350 units per week.

Suppose it is Jan. 7, 2019, which is a review epoch at which we place an order to the local supplier. The prior orders from both the local and distant supplier have been received and the inventory on hand is 1000 units.

There are two orders in process with the local suppler: an order for 75 units to be delivered on Jan. 14, and on order for 100 units to be delivered on Jan. 21. In addition, under the terms of the standing order, the distant supplier will deliver 350 units on Jan. 14, Jan. 21, Jan. 28, etc.

Suppose the base stock level for the local supplier is 2370.

How much is the local supplier order on Jan. 7 for delivery on Jan. 28?

27. Determine a venture’s sustainable growth rate based on the following information: sales = $1,000,000; net income = $150,000; common equity at the end of last year = $520,000; and the dividend payout percentage = 20%.

                        a.   10%

                        b.   16%

                        c.   20%

                        d. 24%

                        e.   30%

In the python code below, describe the scope of the variables x, y, z and u.

def my_func(x):

        y = x - 2

        return y

z = 6

if z > 4:

          u = my_func(6)
         print(u)

What would be your recommendations with respect to raising a huge additional funding of £50 million to enable the next stage of development of international projects to be carried out by a corporation?

Issuing Stock

Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 100,000 shares of preferred 3% stock, $65 par and 700,000 shares of $10 par common stock. The following selected transactions were completed during the first year of operations:

Journalize the transactions.

Feb. 5. Issued 105,000 shares of common stock at par for cash.

Feb. 5. Issued 400 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.

Apr. 9. Issued 18,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $33,000, $179,000, and $40,000, respectively.

If an amount box does not require an entry, leave it blank.

June 14. Issued 35,000 shares of preferred stock at $76 for cash.

If an amount box does not require an entry, leave it blank.

Discuss the pros and cons of police investigations relying on PAID informants.

a. Assuming that the expectations hypothesis is valid, compute the price of the four-year bond shown below at the end of (i) the first year; (ii) the second year; (iii) the third year; (iv) the fourth year. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Beginning of Year Price of Bond Expected Price

1 $973.40

2 $913.47

3 $862.62

4 $778.66

b. What is the rate of return of the bond in years 1, 2, 3, and 4? Conclude that the expected return equals the forward rate for each year. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Employment Discrimination Practice Sheet

Instructions:

1. Match the employment law term with the correct employment situation. Use each term only once. Also, answer the question in the situation.

Employment Law Terms

1. Age Discrimination in Employment Act of 1967
2. Americans with Disabilities Act of 1990
3. Bona fide occupational qualification
4. Disparate impact
5. Disparate treatment
6. Employment at-will
7. Equal Pay Act of 1963
8. Retaliation
9. Sexual harassment: Hostile Work Environment
10. Sexual harassment: Quid Pro Quo

6. ______________________________ The Duke Power Company adopted a requirement that applicants for hire or transfer to any department but the labor department had to have a high school diploma or receive a satisfactory score on two IQ tests. As a result of these requirements, African American employees were denied jobs and promotions. (Griggs v. Duke Power Co., 401 U.S. 424 (1971)) Are these requirements discriminatory if they are not related to job performance? If so, under what theory could an employee or applicant file a complaint?

7. ______________________________ Your employer states that upon turning 65, all traveling sales employees must turn over their territories to younger workers and begin handling in-office file work only. If you can show that at age 65 or above you are just as capable and competitive out on the road as your younger counterparts, can you bring a claim stating that this practice will adversely impact your income or other benefits? If so, under what law?

8. ______________________________ Malia, a hard worker who is praised by her coworkers and clients alike, is looking forward to receiving her first annual bonus after working for the company for more than three years. When she does not receive the bonus and finds out that a co-worker, who has only been at the company for four months, does, Malia is upset. When she questions her supervisor, she is told that she could not be given the bonus because she did not have a college degree. She then discovers that the newly-promoted Walter does not have a degree either. Does Malia have a discrimination claim? If so, under what law?

9. ______________________________ A trucking company conducts job interviews in a second floor office where there is no elevator. The company calls Tanya to arrange for an interview for a secretarial position. She requests a reasonable accommodation because she uses a wheelchair. Installing an elevator would be an undue hardship, so what could the company do to provide a reasonable accommodation? What law is relevant here?

10. ______________________________ Samuel was uncomfortable with the sexual jokes his co-workers regularly posted in the break room. He told his manager who did not address the issue. He then went to Human Resources to see what options he had in this situation. When his manager heard that Samuel when to HR, his manager told Samuel to suck it up and took away the extra overtime shift Samuel had been working. The manager’s actions are an example of what?