Questions
Shanken Corp. issued a 30 -year, 6 percent semiannual bond 4 years ago. The bond currently...

Shanken Corp. issued a 30 -year, 6 percent semiannual bond 4 years ago. The bond currently sells 95 percent of its face value. The book value of the debt issue $45 million. In addition the company has a second debt issue on the market, a zero coupon bond with 15 years left to maturity; the book value of this issue is 50 million and the bonds sell 54 percent of par. The company's tax rate is 40 percent. What is the company's total book value of debt? What is the company's total market value of debt? What is your best estimate of the aftertax cost of debt?

In: Finance

Write a method named minimumValue, which returns the smallest value in an array that is passed...

Write a method named minimumValue, which returns the smallest value in an array that is passed (in) as an argument. The method must use Recursion to find the smallest value. Demonstrate the method in a full program, which does not have to be too long regarding the entire code (i.e. program). Write (paste) the Java code in this word file (.docx) that is provided. (You can use additional pages if needed, and make sure your name is on every page in this word doc.) Use the following array to test the method: int[] seriesArray = {-5, -10, +1999, +99, +100, +3, 0, +9, +300, -200, +1, -300} Make sure that the seriesArray only tests for values, which are positive, given your recursive method.

In: Computer Science

HUAWEI’S INTERNATIONALIZATION STRATEGY INTRODUCTION In October 2016, Shenzhen-based networking and telecommunications equipment and services company Huawei...

HUAWEI’S INTERNATIONALIZATION STRATEGY

INTRODUCTION

In October 2016, Shenzhen-based networking and telecommunications equipment and services company Huawei Technologies Ltd. (Huawei) unveiled its 14-port and 3-D Hexa-beam antennas to address the challenges associated with the 4.5G and 5G era at the 5th Annual Global Antenna and Active Antenna Unit Forum held in Paris. Commenting on the launch, Zhang Jiayi, president of Huawei’s antenna business unit, said, “Huawei focuses on satisfying the requirements of operators in the MBB (mobile broadband) era.”

Founded in 1987 in Shenzhen by Ren Zhengfei (Ren), a former military engineer in the People’s Liberation Army (PLA) – the unified organization of the armed forces of China, Huawei started as a sales agent for a Hong Kong-based company selling private branch exchange (PBX) switches. Soon, the company innovated and started selling its own PBX switches. Having established its domination over the Chinese telecommunications market, the company entered the global markets of Russia and Africa in 1996 and later mature The origin of Huawei Technologies Ltd. (Huawei) dated back to 1987 when Ren Zhengfei (Ren), a former military engineer in the People’s Liberation Army (PLA), founded the company in Shenzhen with the aim of making it the backbone of China’s communications industry.

The company started as a sales agent for a Hong Kong company selling private branch exchange (PBX) switches with an initial investment of US$ 3400. By 1990, it had acquired enough resources to open its first research laboratory. In the same year, i.e. 1990, the company made its own PBX and started selling the switches to hotel networks at prices lower than those of imported devices

HUAWEI’S INTERNATIONALIZATION STRATEGY

In the mid-1990s, the Chinese domestic telecommunications networking equipment market was dominated by giant international telecom equipment companies. Their dominance led to Huawei having a relatively weaker position in China. Ren believed that the Chinese telecommunications market was the largest and among the most open markets in the world attracting global telecommunication giants to the country. As a result, he felt, “The best food has all been eaten up by the global giants and what we can do is to have those leftovers.” This prompted Huawei to consider entering international markets. Commenting on its international expansion, Ren, said, “We were forced to go into the international market for our very survival.”

CHALLENGES IN THE GLOBAL TELECOM MARKETS

Though Huawei achieved huge success in several global markets, the US was a different story altogether. Despite bidding several times since the company first entered America, Huawei failed to win a single big contract from top-tier carriers such as AT&T, T-Mobile, and Verizon. The US telecom companies had had long relationships with home-grown suppliers such as Lucent, Motorola, and Cisco. Moreover, the US telecom majors felt that while the telecom equipment manufactured by Huawei was fine for emerging markets, it was not reliable or suitable for the 24/7 service required by networks in the US. Though by 2011, Huawei had developed some of the most innovative and fastest equipment in the telecom industry, it continued to face resistance in the US.

THE CHALLENGES CONTINUE...

While Huawei was making several efforts to crack the global telecom markets, in July 2015, Malcolm Turnbull, Communications Minister, Australia, stated that amidst security threats, telecom companies in Australia had been barred from using equipment from Huawei and ZTE. This meant that Huawei would lose its existing business in Australia since it provided equipment for consumer devices and backend networks for Vodafone and Optus. There could also be more trouble in store for Huawei with the Pentagon and the US military announcing plans in October 2015 to ban the use of Huawei equipment.....

LOOKING AHEAD

In November 2016, when the US telecom market announced its plans to build the nation’s 5G wireless network, Huawei was also gearing up to roll out its 5G wireless network by 2020. Though Huawei had earlier stated that it had given up on the US market, Ren hinted that the company had not given up on the country permanently and that it planned to make a “glorious” return to the US. However, Huawei stated that it would not focus on the US market currently but would concentrate on other global markets. According to Ken Hu (Hu), Huawei’s CEO-in-rotation, “For our 5G strategy, we currently focus on markets like China and Japan among others. In the US right now, we’re not making significant progress and we don’t have big plans for that market.”

Case study question

In the context of Huawei discuss the strategies for having a global footprint which is followed by companies in an International Business setting.

In: Operations Management

A friend of yours claims the following: ''Sustainable development is an oxymoron. Sustainability implies stability. Development...

A friend of yours claims the following: ''Sustainable development is an oxymoron. Sustainability
implies stability. Development implies change. The world has finite resources, and economies
are growing. How could development and sustainability then not be contradictory?'' Using
precise arguments and examples, explain to your friend why you disagree.

In: Economics

Do you believe that an “identifying characteristic” should be protected by the tort of misappropriation, or...

  1. Do you believe that an “identifying characteristic” should be protected by the tort of misappropriation, or do you believe that society has gone too far in recognizing property rights? A First Amendment exception exists for comedians who engage in satire and comedy (think of Saturday Night Live’s impersonations of the Trump-Clinton debates during the 2016 presidential campaign, for example). Does it make sense to you that comedians can make money through misappropriation, but other businesses cannot?

In: Operations Management

Problem 11-06 New-Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its...

Problem 11-06 New-Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,000,000, and it would cost another $18,500 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $547,000. The machine would require an increase in net working capital (inventory) of $10,500. The sprayer would not change revenues, but it is expected to save the firm $391,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 30%.

What is the Year 0 net cash flow? $

What are the net operating cash flows in Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollar.

Year 1$ Year 2$ Year 3$

What is the additional Year 3 cash flow (i.e, the after-tax salvage and the return of working capital)? Do not round intermediate calculations. Round your answer to the nearest dollar. $

If the project's cost of capital is 12 %, what is the NPV of the project? Do not round intermediate calculations. Round your answer to the nearest dollar.

In: Finance

Tommy Teenager (TT) is an enthusiastic, new employee at a local grocery store, Food Fetch (FF)....

Tommy Teenager (TT) is an enthusiastic, new employee at a local grocery store, Food Fetch (FF). His boss is Mary Manager (MM). One day, while accepting a shipment of food from Dandy Distributor (DD), Mary tells the DD driver about TT. She exclaims in front of TT what a great job he is doing, and that she would not be surprised if he ended up running the place someday. One very busy Saturday, before a blizzard is forecast to hit the area, TT is the backroom working when DD pulls up with a delivery. DD is in a hurry to get unloaded and get on the road to beat the weather, and DD remembers what MM told him when he sees TT; DD asks TT to sign for the shipment. TT does not have any idea what he is doing. Still, he realizes how rushed MM is and how FF is running low on groceries on this busy, snowy Saturday. TT just wants to help, and signs for the shipment. TT puts the invoice on MM’s desk but forgets to tell her about it. Three months later, DD calls MM to ask when she is going to pay for the shipment. MM knew nothing about TT signing for it and did not see the invoice on her messy desk.

Respond as : explain why FF might be liable to pay.

In: Operations Management

Write the following Python script: Write a function called linsolve() that will be useful in categorizing...

Write the following Python script:

Write a function called linsolve() that will be useful in categorizing and solving linear algebra problems. The function will have up to three parameters:

• A required 2D array representing the coefficient matrix of a linear algebra equation,

• A required 1D or 2D array representing the right-side constants of a linear algebra equations, and

• An optional parameter used to determine which condition number to use in determining the condition of the system. The default case for this is the integer 2.

The returns for this function will depend on whether there is a unique solution to the system. If there is, the three returns should be, in order:

• A 1D or 2D array representing the solution array of the linear system,

• A float representing the determinant of the coefficient matrix, and

• A float representing the condition number of the coefficient matrix.

If there is no unique solution, the function should return None for the solution array, 0 for the determinant, and -1 for the condition number; the function should also print out “No solution.”

In: Computer Science

Explain how numbers are sorted in consecutive numbering, terminal-digit numbering, and middle-digit numbering

Explain how numbers are sorted in consecutive numbering, terminal-digit numbering, and middle-digit numbering

In: Operations Management

An antelope and a cheetah decide to race to a watering hole 1 km away. The...

An antelope and a cheetah decide to race to a watering hole 1 km
away. The cheetah's top speed is 3x the top speed of the antelope, so the cheetah is condent
she's got the win in the bag. From the starting line, the animals accelerate uniformly to
their top speeds in 10 seconds. After 30 more seconds, the exhausted cheetah stops for a
rest. The antelope is nowhere in the cheetah's sight, so the cheetah decides to take a quick
2-minute nap. Upon waking, the cheetah again accelerates uniformly to her top speed in 10
seconds and crosses the finish line at that speed. If the antelope crosses the finish line in 3
minutes and 10 seconds, who wins the race? Draw a velocity vs time graph for the cheetah's
motion.

In: Physics

You have to write a Opinion Paragraph on ( Success is determined by hard work, and...

You have to write a Opinion Paragraph on ( Success is determined by hard work, and luck has no relation to success. Providing specific examples and reasons to support your position, do you agree or disagree with this idea?) the paragraph should be between 150-200 words.

Note: Do not copy and paste from the internet. (avoid Plagiarism)

In: Psychology

The comparative statements of Wildhorse Co. are presented here. WILDHORSE CO. Income Statements For the Years...

The comparative statements of Wildhorse Co. are presented here.

WILDHORSE CO.
Income Statements
For the Years Ended December 31

2022

2021

Net sales

$2,289,400

$2,135,000

Cost of goods sold

1,267,000

1,247,440

Gross profit

1,022,400

887,560

Selling and administrative expenses

620,000

593,960

Income from operations

402,400

293,600

Other expenses and losses

   Interest expense

27,280

24,800

Income before income taxes

375,120

268,800

Income tax expense

112,536

80,640

Net income

$ 262,584

$ 188,160

WILDHORSE CO.
Balance Sheets
December 31

Assets

2022

2021

Current assets

   Cash

$ 74,524

$ 79,608

   Debt investments (short-term)

91,760

62,000

   Accounts receivable

146,072

127,472

   Inventory

156,240

143,220

     Total current assets

468,596

412,300

Plant assets (net)

804,760

645,172

Total assets

$1,273,356

$1,057,472

Liabilities and Stockholders’ Equity

Current liabilities

   Accounts payable

$ 198,400

$180,296

   Income taxes payable

53,940

52,080

     Total current liabilities

252,340

232,376

Bonds payable

272,800

248,000

     Total liabilities

525,140

480,376

Stockholders’ equity

   Common stock ($5 par)

359,600

372,000

   Retained earnings

388,616

205,096

     Total stockholders’ equity

748,216

577,096

Total liabilities and stockholders’ equity

$1,273,356

$1,057,472


All sales were on account. Net cash provided by operating activities for 2022 was $272,800. Capital expenditures were $168,640, and cash dividends were $79,064.

Compute the following ratios for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.)

(a) Earnings per share $
(b) Return on common stockholders’ equity %
(c) Return on assets %
(d) Current ratio :1
(e) Accounts receivable turnover times
(f) Average collection period days
(g) Inventory turnover times
(h) Days in inventory days
(i) Times interest earned times
(j) Asset turnover times
(k) Debt to assets ratio %
(l) Free cash flow

In: Finance

hypothesize about the impact of an aging population on each of the following topics: Social security...

hypothesize about the impact of an aging population on each of the following topics:

Social security

Health care

Recreation

Housing/Living Arrangements

Occupation

Political activity

Relationships/Companionship

For example, how would an aging population impact social security (in terms of funding, the age cut off, etc.). You will need to be as through as possible in your examples; provide justification AND citations for where you are getting your information.

After you have created your hypotheses, you will need to answer the following two questions:

Overall, what are some of the effects on society as generations reach retirement age?

As a young(er) person, what could you do to help yourself when you become older?

In: Psychology

Please identify each error present, explain the type of error (syntax/logic/run-time), and provide a fix which...

Please identify each error present, explain the type of error (syntax/logic/run-time), and provide a fix which changes the given code as little as possible (i.e. don't rewrite the whole thing; just point out what is wrong and a fix for it).

5)
// Assign a grade based on the score
char score;
cin>>score;
if score < 0 && score > 100
    cout<<"The score entered is invalid"<<endl;
if (score <= 90)
    grade = "A";
if (score <= 80)
    grade = "B";
if (score <= 70)
    grade = "C";
if (score <= 60)
    grade = "D";
else
    grade = "F";

6)
// if GPA 3.5 or better the student makes the dean's list, if completedUnits 182 or more the student can graduate.
// if both, the student can graduate with honors
string gpa, completedUnits;
cin>>gpa>>completedUnits;
if (gpa > 3.5)
      cout<<"Good job!\n";
      cout<<"You've made the dean's list!\n";
else if (completedUnits > 54)
      cout<<"You have completed the required number of units.\n";
      cout<<"You can graduate!\n";
else if (gpa > 3.5 || completedUnits > 54)
      cout<<"Great job!\n";
      cout<<"You have completed the required number of units with a high GPA.\n";
      cout<<"You are graduating with honors!\n";

7)
// sum all the even numbers from 0 to 100, inclusive
int value = 0;
int sum;
while (sum < 100)
    sum += value
    value*=2;

8)
// get numbers from the user until the user enters 0. Output how many numbers were entered and their sum.
   int count;
   while (input == 0)
     int input;
     cin>>input;
     sum = sum + input;
     count++;
cout<<"You entered "<<count<<" values"<<endl;
cout<<"The sum is "<<sum<<endl;
   
9)
// sum all the numbers which are divisible by 3 or by 5 and in the range 0 to 1000 inclusive
int sum;  
for (i=0; i<1000; sum++)
    if (sum % 3 || sum % 5)
      sum += i;

cout<<"The sum is "<<sum<<endl;

In: Computer Science

Read the case study - "Do you really think we are so stupid?" A letter to...

Read the case study - "Do you really think we are so stupid?" A letter to the CEO of Deutsche Telekom (A)"

  1. What are the major challenges at Deutsche Telekom and what is critical for its survival and future success?
  2. What do the think the customers, general public, investors, and employees thought of the leaked letter?
  3. Put yourselves in the shoes of a middle manager who is witnessing employees discussing the letter during the hours that they should be working. How would you handle that?

In: Operations Management