Four economic classifications of mergers are (1) horizontal, (2) vertical, (3) conglomerate, and (4) congeneric. Explain the significance of these terms in merger analysis with regard to (a) the likelihood of governmental intervention and (b) possibilities for operating synergy. Use a practical example for illustrative purposes.

The following information is available for Robstown Corporation for 20Y8: Inventories January 1 December 31 Materials $77,250 $93,600 Work in process 108,800 96,700 Finished goods 112,500 108,400 December 31 Advertising expense $ 67,800 Depreciation expense-office equipment 23,000 Depreciation expense-factory equipment 14,600 Direct labor 186,100 Heat, light, and power-factory 5,550 Indirect labor 23,800 Materials purchased 123,800 Office salaries expense 78,300 Property taxes-factory 4,145 Property taxes-office building 13,800 Rent expense-factory 6,550 Sales 861,500 Sales salaries expense 138,500 Supplies-factory 4,750 Miscellaneous costs-factory 4,420 Required: A. Prepare the 20Y8 statement of cost of goods manufactured.* B. Prepare the 20Y8 income statement.* *Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. “Less” or “Plus” will automatically appear if it is required. Enter all amounts as positive numbers. Be sure to complete the statement heading

please provide details on the social learning theories and cognitive development theories. Provide the theorists attached to each, what each theorist is best known for, details in each of the theories and the critiques others have of the theories. What is your opinion of the social learning and cognitive development theories regarding whether you believe they are useful in explaining how children develop their gender identity. Please explain your answer.

What are the two modes of encryption that allow random access to the ciphertext blocks. Specifically, if a hacker has the information about i-th cyphertext block Ci and it can find the plaintext Pi without having any other cyphertext blocks.

A recent survey showed that among 700 randomly selected subjects who completed 4 years of college, 151 smoke and 549 do not smoke. Determine a 95% confidence interval for the true proportion of the given population that smokes. 95% CI: to

Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain of retail stores, and has a staff to advise customers and help them set up their new computers. Upton's balance sheet as of December 31, 2016, is shown here (millions of dollars):

Cash $ 3.5 Accounts payable $ 9.0

Receivables 26.0 Notes payable 18.0

Inventories 58.0 Line of credit 0

Total current assets $ 87.5 Accruals 8.5

Net fixed assets 35.0 Total current liabilities $ 35.5

  Mortgage loan 6.0

Common stock 15.0

Retained earnings 66.0

Total assets $122.5 Total liabilities and equity $122.5

Sales for 2016 were $325 million and net income for the year was $9.75 million, so the firm's profit margin was 3.0%. Upton paid dividends of $3.9 million to common stockholders, so its payout ratio was 40%. Its tax rate was 40%, and it operated at full capacity. Assume that all assets/sales ratios, (spontaneous liabilities)/sales ratios, the profit margin, and the payout ratio remain constant in 2017. Do not round intermediate calculations.

A. If sales are projected to increase by $100 million, or 30.77%, during 2017, use the AFN equation to determine Upton's projected external capital requirements. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places. $ million

B. Using the AFN equation, determine Upton's self-supporting growth rate. That is, what is the maximum growth rate the firm can achieve without having to employ nonspontaneous external funds? Round your answer to two decimal places. %

C. Use the forecasted financial statement method to forecast Upton's balance sheet for December 31, 2017. Assume that all additional external capital is raised as a line of credit at the end of the year and is reflected (because the debt is added at the end of the year, there will be no additional interest expense due to the new debt). Assume Upton's profit margin and dividend payout ratio will be the same in 2017 as they were in 2016. What is the amount of the line of credit reported on the 2017 forecasted balance sheets? (Hint: You don't need to forecast the income statements because the line of credit is taken out on last day of the year and you are given the projected sales, profit margin, and dividend payout ratio; these figures allow you to calculate the 2017 addition to retained earnings for the balance sheet without actually constructing a full income statement.) Round your answers to the nearest cent.

Upton Computers

Pro Forma Balance Sheet

December 31, 2017

(Millions of Dollars)

Cash $ ____

Receivables $ ___

Inventories $ ___

Total current assets $ ___

Net fixed assets $ ___

Total assets $ ___

Accounts payable $ ___

Notes payable $ ___

Line of credit $ ___

Accruals $ ___

Total current liabilities $ ___

Mortgage loan $ ___

Common stock $ ___

Retained earnings $ ___

Total liabilities and equity $ ___

Global Internet company is looking to expand their operations. They are evaluating their cost of capital based on various financing options. Investment bankers informed them that they can issue new debt in the form of bonds at a cost of 8%, and issue new preferred stocks for the price of $25 per share paying $2.5 dividends per share. Their common stock is currently selling for $20 per share and will pay a dividend of $1.5 per share next year. They expect a growth rate in dividends of 5% per year, and their marginal tax rate is 35%.

1. If Global raises capital using 45% debt, 5% preferred stock, and 50% common stock what is their cost of capital?
2. If Global raises capital using 30% debt, 5% preferred stock, and 65% common stock what is their cost of capital?
3. Evaluate the two finance options and identify which one they should choose? Assess the advantages and disadvantages of your choice?

Marvin’s Kitchen Supply delivers restaurant supplies throughout the city. The firm adds 10 percent to the cost of the supplies to cover the delivery cost. The delivery fee is meant to cover the cost of delivery. A consultant has analyzed the delivery service using activity-based costing methods and identified four activities. Data on these activities follow:

Cost Driver volume

Activity Cost Driver Cost Driver Volume

Processing order Number of orders $ 126,000 9,000 orders

Loading truck Number of items 340,000 200,000 items

Delivering merchandise Number of orders 153,000 9,000 orders

Processing invoice Number of invoices 136,000 8,000 invoices

Total overhead $ 755,000

Two of Marvin's customers are City Diner and Le Chien Chaud. Data for orders and deliveries to these two customers follow:

City Diner Le Chien Chaud

Order value $ 89,000 $ 99,000

Number of orders 69 310

Number of items 600 1,900

Number of invoices 13 210

a. What would the delivery charge for each customer be under the current policy of 10 percent of order value? (please show work)

    Delivery charge per customer

City dinner ______

Le Chien Chaud _____

b. Calculate the cost of each activity for both restaurants to determine the total activity-based costing estimate of the cost of delivering to each customer. (Do not round intermediate calculations.) ((Please show work))

  City Diner Lechin Chaud

Processing order    _____ _____

Loading truck _____   _____

Delivery Merchandise _____ ____

Processing invoice ____ ____

Total ____ ______

Question 1:

You are the Inventory Manager. Being in this post, answer the following:

a) Discuss how the Metro-E can contribute with respects to both the POS and the company’s telephone systems.

b) Suggest ONE advantage for the POS and ONE advantage for the phones in the Inventory Department.

c) Request information from TWO other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting.

Ethanol is produced commercially by the hydration of ethylene:

C2H4+H2O-->C2H5OH

Some of the product is converted to diethyl ether in side reaction

2C2H5OH-->(C2H5)2O+H2O

The feed to the reactor contains ethylene,steam,and an inert gas. A sample of the reactor effluent gas is analyzed and found to contain 43.3 mole% ethylene, 2.5% ethanol, 0.14% ether, 9.3% inerts, and the balance water.

a. Take as a basis 100 mol of effluent gas, draw and label a flowchart, and do a degree-of-freedom analysis based on atomic species to prove that the system has zero degrees of freedom?

b. Calculate the molar composition of the reactor feed, the percentage conversion of ethylene, the fractional yield of ethanol, and the selectivity of ethnaol production relative to ether production?

Question 1 (6pts)

Auto Clean, a full-service car wash company, is conducting a survey to address the following research objectives:

Objective 1. Assess the customer perceptions and evaluations of Auto Clean’s services.

Objective 2. Assess the effectiveness of Auto Clean’s promotional expenditures.

Objective 3. Identify demographic characteristics of Auto Clean’s customers.

Objective 4. Identify other relevant characteristics of Auto Clean’s customers.

This is the questionnaire they used for this research:

---------------------------------------------------------------------------------------------------------------------

To help us serve you better, please take a few minutes to fill out this short questionnaire. Thank you for your help.

1. How often do you usually have your car washed?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

2. How often do you usually have your car waxed?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

3. How often do you usually wash and/or wax your car by yourself?

__ Less than once a month

__ Once a month

__ Two times a month

__ Three times a month

__ Four or more times a month

4. How long has it been since you last brought your car to Auto Clean?

__ Less than a week

__ One to less than two weeks

__ Two to less than three weeks

__ Three to less than four weeks

__ Four weeks or more

5. How far from Auto Clean do you live?

__ Less than a km

__ One to less than three kms

__ Three to less than five kms

__ Five kms or more

6. In the past three months, have you used any car wash other than Auto Clean?

__ Yes                    __ No

7. How long are you willing to wait to have your car professionally washed/waxed? ________min
8. Indicate the extent to which you agree or disagree with the following statements about Auto Clean. For each statement, circle “1” if you strongly disagree and “7” if you strongly agree, or another appropriate number in between if your feeling are less strong.

9. What is your age? _______
10. What is your income? ___________$
11. What social network platforms do you use the most? ___________________________

Thank you very much!

Read the questionnaire above and answer the following questions:

1. Which questions in the questionnaire address each of Auto Clean’s research objectives (1 pts)? Indicate your answers in the table below.

2. Which question(s) in the questionnaire do(es) not address fully or do(es) in an appropriate way a specific research objective? For each of these questions, explain why and how you propose to solve this problem. (2 pts).

Indicate your answers in the table below.

3. Identify all other problems related to Auto Clean’s questionnaire’s design. Propose ways to solve each problem. For example, when the problem relates to a specific question wording, please propose a revised question. (3 pts).

Indicate your answers in the table below (add as many rows as necessary).

The TropicalFlowers Company is evaluating an asset that may increase sales by $120,000 every year for 4 years. There is no expected change in net operating working capital. The company's cost of capital is 6%. The proposed asset costs $400,000, will require $20,000 to modify for operations, and falls in the 3-year class MACRS for depreciation rates: .33, .45, .15, and .07 for years 1 through 4, respectively. At the end of the 4 years, it is expected that the asset may sell for $30,000. The company's tax rate is 21%. SHOW ALL WORK FOR FULL CREDIT.

a) What is the initial outlay for this project?

b) What are the operating cash flows in Years 1 through 4?

c) As part of the terminal cash flow in Year 4, what is the after-tax salvage value of the asset?

d) What is the net present value of this proposed asset investment? Should it be accepted or rejected?

In readings and lectures from Ch. 5 & 7 we discussed leadership theories and key methods and factors in decision making. Choose two of today’s leaders and compare and contrast their two different and unique leadership styles. Be sure to discuss the theories of each style as well as the utility and limitations of how these influence people and the way decisions are made.

Where in your own experience do you see these approaches to leadership utilized? To what extent do you see these two theories as being appropriate/not appropriate for your own leadership philosophy? Why or why not?