Consider the Three Gorges Dam Project on the Yangtzee River in the People’s Republic of China.(For example, see National Geography September 1997 for more information)

(A) Suppose the Ministry of Water Projects announces that the Project Benefit to Cost Ratio (BCR) for the Project is 2.0. Indicate how you would constructively criticize the BCR given. Explain using course concepts.

(B) Suppose the Net Present Value (NPV) of Market Benefits and the Environmental Costs of the current location of the dam in comparison to other locations are as follows:

Project                         NPV of Market Benefits                     Environmental Costs

Current                                    1,000,000,000                                     Large

Alternative 1                              750,000,000                                     Medium

Alternative 2                              600,000,000                                     Medium

Alternative 3                              500,000,000                                     Small

Indicate criteria to help compare the above Projects, identify the Best Option and explain using Course Concepts.

Quad Enterprises is considering a new 3 year expansion project that requires an initial fixed asset investment of $2.592 million. the fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value of $201,600. The project requires an initial investment in net working capital of $288,000. The project is estimated to generate $2,304,000 in annual sales, with costs of $921,600. The tax rate is 23 percent and the required return on the project is 10 percent.   

1) What is the projects Year 0 net cash flow?

A. $ -2,880,000   B. $ -3,024,000 C. $ -3,168,000   D. $ -2,736,000 E. $ -2,592,000

2) What is the projects Year 1 net cash flow?

A. $1,263,168   B. $1,326,326 C. $1,389,485   D. $1,200,010 E. $1,136,851

3) What is the projects Year 2 net cash flow?

A. $1,263,168 B. $1,326,326   C. $1,389,485   D. $1,200,010 E. $1,136,851

4) What is the projects Year 3 net cash flow?

A. $1,706,400 B. $1,791,720 C. $1,877,040 D. $1,621,080 E. $1,535,760

5) What is the NPV?

A. $594,319 B. $(605,285)    C. $2,136,380 D. $549,312 E. $624,035

Calculate the equilibrium concentrations of N2O4 and NO2 at 25 degrees celcius in a vessel that contains an initial N2O4 concentration of 0.0500M. The equilibrium constant Kc for the reaction N2O4 (g) (equilibrium arrows here) 2NO2(g) is 4.64 x 10-3 at 25 degrees Celcius.

Effect of Proposals on Divisional Performance A condensed income statement for the Electronics Division of Gihbli Industries Inc. for the year ended December 31 is as follows: Sales $4,290,000 Cost of goods sold 2,771,500 Gross profit $ 1,518,500 Operating expenses 875,000 Income from operations $ 643,500 Invested assets $3,300,000 Assume that the Electronics Division received no charges from service departments. The president of Gihbli Industries Inc. has indicated that the division’s return on a $3,300,000 investment must be increased to at least 22.5% by the end of the next year if operations are to continue. The division manager is considering the following three proposals: Proposal 1: Transfer equipment with a book value of $660,000 to other divisions at no gain or loss and lease similar equipment. The annual lease payments would be less than the amount of depreciation expense on the old equipment by $118,800. This decrease in expense would be included as part of the cost of goods sold. Sales would remain unchanged. Proposal 2: Reduce invested assets by discontinuing a product line. This action would eliminate sales of $701,300, reduce cost of goods sold by $468,600, and reduce operating expenses by $206,300. Assets of $1,670,800 would be transferred to other divisions at no gain or loss. Proposal 3: Purchase new and more efficient machinery and thereby reduce the cost of goods sold by $435,600 after considering the effects of depreciation expense on the new equipment. Sales would remain unchanged, and the old machinery, which has no remaining book value, would be scrapped at no gain or loss. The new machinery would increase invested assets by $1,650,000 for the year.

Required:

1. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment for the Electronics Division for the past year. Round your answers to one decimal place.

2. Prepare condensed estimated income statements and compute the invested assets for each proposal.

3. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment for each proposal. Round your answers to one decimal place.

4. Which of the three proposals would meet the required 22.5% return on investment.

5. If the Golf Division were in an industry where the profit margin could not be increased, how much would the investment turnover have to increase to meet the president's required 22.5% return on investment? Enter your increase in investment turnover answer as a percentage of current investment turnover. If required, round your answer to one decimal place.
%

Can you compare 2 search engines based on information retrieval models like Probability model or boolean model?

A lease agreement that qualifies as a finance lease calls for annual lease payments of $40,000 over a eight-year lease term (also the asset’s useful life), with the first payment at January 1, the beginning of the lease. The interest rate is 4%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
a. Determine the present value of the lease upon the lease's inception.
b. Create a partial amortization through the first payment on January 1, 2017.
c. If the lessee’s fiscal year is the calendar year, what would be the pretax amounts related to the lease that the lessee would report in its income statement for the first year ended December 31?

1. Describe what happens during sleep deprivation recovery.
2. What is the optimal amount of sleep according to the National Sleep Foundation?
3. Describe the two peaks and two nadirs in the circadian rhythm sleep cycle.

How is Threat of New Entrants and Threat of Substitutes prominent in GameStop's industry?

Your firm is contemplating the purchase of a new $850,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5 year life. It will be worth $75,000 at the end of that time. You will save $320,000 before taxes per year in order processing costs and you will be able to reduce working capital by $105,000 (this is a one-time reduction). the net working capital will be restored to its original level when the project ends.The tax rate is 35%. Assume the discount rate 10%.

A) What is the annual OCF for the project?

B)What is the CAPEX BEFORE THE PROJECT STARTS (i.e.,at t=0)and when the project ends?

C) What is change in NWC before the project stars (i.e.,at t=0) and when the project ends ??

D) What are the cash flows in each year for this project??

E) What is the IRR for this project?

F) What is the NPV for this project?

plz answers with showing your work AND THE FORMULA

Cash vs. Accrual Accounting: Explain the difference between the cash basis, modified cash basis, and the accrual basis measures of performance. Provide examples of accounts that are treated differently under the three methods. Be sure to review the related PowerPoint Presentation in the Unit 3 Presentations/Lectures and in the Supplementary Materials. Why, in most cases, does accrual basis net income provide a better measure of performance than cash basis net income? Explain the purpose of adjusting entries as they relate to the difference between cash and accrual accounting. Which generally accepted accounting principle (GAAP) rule does accrual accounting fulfill

General Importers announced that it will pay a dividend of $3.65 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 4 years. Then, 6 years from today, the company will begin paying an annual dividend of $1.75 forever. The required return is 11.4 percent. What is the price of the stock today?

Mary owns a small accounting firm named GOACCOUNTING in midtown Manhattan that has a loyal base of clients who are all in the fitness business.  The firm has been in business for 15 years. Mary’s main clients are within the State of New York. After much discussion, Mary negotiates to sell her firm to Benny for $1,000,000. As part of the agreement, Mary agrees not to practice accounting in Manhattan for a period of 18 months from the date of sale. One month after the sale of the business is made, Mary is feeling idle and bored so she begins to practice accounting again from her Manhattan apartment. She sends emails to her former clients letting them know she is “back in business.”

A - Is the agreement to sell the business from Mary to Benny fully enforceable?  

B - Does the agreement need to be in writing? Why or why not?

C - If Benny sues Mary and wins, to what relief would Benny, if any, be entitled?

Explain A-C fully.

The following program uses Pthreads to create two threads. They do some work for the process and then exit. The process then outputs a result.

Assume all supporting libraries and other functions have been included.

=> Use the answer text field to describe what work (operations) the threads are doing, and what kind of result (what is it?) is output by the process.

#include <pthread.h>

#include <stdio.h>

#include <stdlib.h>

int res1, res2, a[100], b[100];

void *runner1(void *param);

void *runner2(void *param);

void readData(int []);

int main(int argc, char *argv[])

{

  pthread_t tid1, tid2;

  pthread_attr_t attr;

  readData(a);

  readData(b);

  pthread_attr_init(&attr);

  pthread_create(&tid1, &attr, runner1, argv[1]);

  pthread_create(&tid2, &attr, runner2, argv[1]);

  pthread_join(tid1,NULL);

  pthread_join(tid2,NULL);

  printf("result = %d\n", res1+res2);

}

void *runner1(void *param)

{

  int i, upper = atoi(param);

  res1 = 0;

  for (i = 0; i < upper; i++)

    res1 += a[i];

  pthread_exit(0);

}

void *runner2(void *param)

{

  int i, upper = atoi(param);

  res2 = 0;

  for (i = 0; i < upper; i++)

    res2 += b[i];

  pthread_exit(0);

}

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