You have looked at the current financial statements for Reigle Homes, Co. The company has an EBIT of $2,850,000 this year. Depreciation, the increase in net working capital, and capital spending were $225,000, $90,000, and $415,000, respectively. You expect that over the next five years, EBIT will grow at 16 percent per year, depreciation and capital spending will grow at 21 percent per year, and NWC will grow at 11 percent per year. The company has $15,100,000 in debt and 345,000 shares outstanding. You believe that sales in five years will be $22,600,000 and the price-sales ratio will be 2.4. The company’s WACC is 8.5 percent and the tax rate is 21 percent.

The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 40 percent debt, 5 percent preferred stock, and 55 percent common equity. Initially, common equity will be in the form of retained earnings (K_e) and then new common stock (K_n). The costs of the various sources of financing are as follows: debt, 5.6 percent; preferred stock, 11.0 percent; retained earnings, 8.0 percent; and new common stock, 9.4 percent.

a. What is the initial weighted average cost of capital? (Include debt, preferred stock, and common equity in the form of retained earnings, K_e.) (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)

  
  b. If the firm has $22.0 million in retained earnings, at what size capital structure will the firm run out of retained earnings? (Enter your answer in millions of dollars (e.g., $10 million should be entered as "10").)

Capital Structure Size (X) _______ million

c. What will the marginal cost of capital be immediately after that point? (Equity will remain at 55 percent of the capital structure, but will all be in the form of new common stock, K_n.) (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Marginal Cost of Capital ______%

d. The 5.6 percent cost of debt referred to above applies only to the first $40 million of debt. After that, the cost of debt will be 7.6 percent. At what size capital structure will there be a change in the cost of debt? (Enter your answer in millions of dollars (e.g., $10 million should be entered as "10").)

Capital Structure Size _____ million

e. What will the marginal cost of capital be immediately after that point? (Consider the facts in both parts c and d.) (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

Marginal Cost of Capital _____%

Why is it important for the researcher to control extraneous environmental and social variables in an experiment? How does a researcher do this?

what is the minimum number of IV conditions in an experiment?

What are experimental and control groups? Do all experiments have to have a control groups?

What are experimental and control groups? Do all experiments have to have a control group.

How can you tell if a variable can serve as an IV?

A volume of 12.95 mL of 0.1080 M NaOH solution was used to titrate a 0.596 g sample of unknown containing K₂HPO₄.

a. What is the molecular mass of K₂HPO₄? (report answers to 4 or 5 significant figures)

b. What is the percent by mass of K₂HPO₄ in the unknown?

c. In this problem what mass of sample in grams would be needed to deliver about 22.00 mL in the next trial?

d. In the second trial above, exactly 0.996 g was transferred into a flask to be titrated. If the initial buret reading is 0.10 mL, predict what the final buret reading be.

1. A priority queue is a special queue that adjusts the location of items based on some priority value. When inserted, a new value is placed in the queue ahead of every other item that has a lower priority than it. This gives us a queue that removes items from the front removing highest priority first, and from items with similar priority the ones that were inserted first. For example, if we inserted the following items with the priority {A, 1}, {B,2}, {C,2}, {D,3}, {E,1} where the lower number is a lower priority, our queue will have the items from front to back: D,B,C,A,E. Using the partial code below, you are to implement the Enqueue method so that the new node is inserted into the appropriate place in the queue based on the priority. (Assume that a higher number is higher priority, for example 0 is lowest and 10 is highest)

class Node<V,P>

{

      public V value;

      public P priority;

      public Node<V,P> next;

      Node(V value, P priority)

      {

           this.value = value;

           this.priority = priority;

      }

}

class PriorityQueue<V,P>

{

      private Node<V,P> head;

      private Node<V,P> tail;

      ...

      public void Enqueue(V value, P priority)

      {

an investor paid $100,000 at time zero for a project to generate $40,000 per year for next 5 years with zero salvage value at the end of year 5 , calculate ROR and draw cumulative cash flow diagram

The table provides the prices of 5 zero-coupon bonds:

Determine the value of the annual effective forward rate applicable from time 2 to time 3.

A. 12.3%

B. 11.9%

C. 23.7%

D. 19.2%

E. 17.8%

Why is attitude so important to a successful closing? What are some aspects of a positive attitude that you believe contribute to success in closing (and in selling in general)

Recently there has been increased focus on efforts and effects of early social prevention measures. Statistically, what factor has the CDC reported to be most responsible for the decrease in pregnancy among teens from 1991 to now? Why might this be the case?

sorting- Inversion Count for an array indicates

Language: c++

Your solution has to be O(n log n).

please write comments

*countinv.cpp*

// Count inversions - homework

// Based off of mergesort

#include <vector>

#include <algorithm> // For copy

using namespace std;

int mergeInv(vector<int>& nums, vector<int>& left, vector<int>& right) {

// You will need this helper function that calculates the inversion while merging

// Your code here

}

int countInv(vector<int>&nums) {

// Your code here

}

//test code

/* Count the number of inversions in O(n log n) time */

#include <iostream>

#include <vector>

using namespace std;

int countInv(vector<int>& numvec);

int main()

{

int n;

vector<int> numvec{4, 5, 6, 1, 2, 3};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 9

numvec = {1, 2, 3, 4, 5, 6};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 0

numvec = {6, 5, 4, 3, 2, 1};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 15

numvec = {0, 0, 0, 0, 0, 0};

n = countInv(numvec);

cout << "Number of inversions " << n << endl;; // Should be 0

}

*countinv_test.cpp*

/* Count the number of inversions in O(n log n) time */

#include <iostream>

#include <vector>

using namespace std;

int countInv(vector<int>& numvec);

int main()

{

int n;

vector<int> numvec{4, 5, 6, 1, 2, 3};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 9

numvec = {1, 2, 3, 4, 5, 6};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 0

numvec = {6, 5, 4, 3, 2, 1};

n = countInv(numvec);

cout << "Number of inversions " << n << endl; // Should be 15

numvec = {0, 0, 0, 0, 0, 0};

n = countInv(numvec);

cout << "Number of inversions " << n << endl;; // Should be 0

}

J.D. Dorian just finished a residency in internal medicine and wants to go into practice with Dr. Gregory House, Dr. John Zoidberg, Dr. Nick, Dr. Julius Hibbert, and Dr. Leonard “Bones” McCoy. J.D. tells you that while he needs to practice with other physicians for call coverage and for other reasons, he does not want to be personally liable should the other physicians be found guilty of malpractice (and he is particularly worried about this due to their reputation). You discuss various incorporation options with him, but he tells you that he would like to form a partnership. What business form would you recommend to him and why?

Problem # 2

Each of two mutually exclusive projects involves an investment of $ 75,000.  

The cash flows for the projects are as follows:

                                         Year              Project “A”                  Project "B"

                                            1                      29,000                        42,000

                                            2                      29,000                        42,000

                                            3                      29,000                        42,000

                                            4                      29,000

               Note: Project "A" covers 4 years and project "B" covers 3 years.                              

        A.   Calculate each project's payback period.          1 point        

                    B.   Compute the IRR of each project. 1 Point

The 911 number of the city of Turtle Creek receives emergency calls for a life-support vehicle (LSV) at a mean rate of 15 calls per hour. The interarrival time between these calls has an exponential probability distribution. The time that elapses from the dispatch of an LSV in response to a call until the LSV is available to respond to another call has an exponential probability distribution with a mean of 48 minutes. Turtle Creek defines the average response time as the average time between the receipt of a call and the dispatch of an LSV to attend to this call. Calls are processed on a first-come first-served basis. Turtle Creek wants an LSV fleet of sufficient size to keep average response time to less than 2 minutes.

1. Turtle Creek is considering two different sizes for its fleet of LSVs: 15 LSVs or 20 LSVs. For each of these fleet sizes, compute the average response time (how long, on average, a call has to wait in the queue until an LSV is dispatched to it).
2. Does either of the fleet sizes meet Turtle Creek’s goal of an average response time of 2 minutes.