Questions
1. A corporation issues a $900,000, 10%, 25-year mortgage note. The terms provide for annual installment...

1.

A corporation issues a $900,000, 10%, 25-year mortgage note. The terms provide for annual installment payments of $99,151. What is the remaining unpaid principal balance of the mortgage payable account after the second annual payment?

Group of answer choices

$889,689

$890,849

$887,689

$880,782

$889,374

In: Accounting

Explain the basic physical reason why we encode electronic information in only 2 bits (e.g. binary).

Explain the basic physical reason why we encode electronic information in only 2 bits (e.g. binary).

In: Physics

Consider a steam power plant operating on the ideal reheat Rankine cycle. Steam enters the high-pressure...

Consider a steam power plant operating on the ideal reheat Rankine cycle. Steam enters the high-pressure turbine at PH MPa and TH °C and is condensed in the condenser at a pressure of PL kPa. Assume the steam is reheated to the inlet temperature of the high-pressure turbine, and that pump work is NOT negligible. If the moisture content of the steam at the exit of the low-pressure turbine is not to exceed w% percent, determine:

(a) the pressure at which the steam should be reheated ,

(b) the total turbine work ,

(c) the net work ,

(d) the total heat input , and

(e) the thermal efficiency of the cycle .

PH = 15 MPa, TH = 650 °C, PL = 7.5 kPa and w% = 9.4%.

In: Mechanical Engineering

Let us say you are a manager of a given Multinational Corporation and requested to solicit...

Let us say you are a manager of a given Multinational Corporation and requested to solicit a fund of $300 Million for a new project.  Explain the source of fund you will be looking for? Tell us the step-by-step action you will make in getting this fund from the sources you identified.

In: Finance

What are the key activities performed in the implementation phase and how are they connected in...

What are the key activities performed in the implementation phase and how are they connected in project management?

In: Computer Science

Using the CAPM, calculate the 2016 expected return on Facebook’s shares. Assumptions: Risk-free rate, Rf =...

Using the CAPM, calculate the 2016 expected return on Facebook’s shares.

Assumptions:

Risk-free rate, Rf = 2.5%

E(Rm) = 7.5%

Use the SP500 index to proxy for the market portfolio.

Hints to calculate beta:

- Use daily stock returns during 2016 (start date 01-Jan-2016, end date 31-Dec-2016).

- Download stock prices for Facebook and the SP500 with ticker name FB and ^GSPC, respectively, from www.finance.yahoo.com.

- Use adjusted prices to calculate returns.

In: Finance

Compare and contrast hydrophobic effect with micellar catalysis in a reaction.

  1. Compare and contrast hydrophobic effect with micellar catalysis in a reaction.

In: Chemistry

19) There are two competing proposals for the redevelopment of a piece of vacant land in...

19) There are two competing proposals for the redevelopment of a piece of vacant land in Accra. One is to construct an office block on the site and the other is to construct a casino.

Year

Office

Casino

0

-300

-300

1

-30

-400

2

90

50

3

180

100

4

215

800

(a) Calculate the Net Present Value of each project using a discount rate of 6% and comment on your results

(b) Calculate the payback of period of each project and comment on your results

(c) Based on the internal rate of return criteria, explain the advice you would give to your client if the internal rate of returns for Office and Casino are 16% and 17.8% respectively

In: Finance

Chapter 13: Addictive Drugs . The research on sensitization of the nucleus accumbens has dealt with...

Chapter 13: Addictive Drugs .

The research on sensitization of the nucleus accumbens has dealt with addictive drugs, mainly cocaine. Would you expect a gambling addiction to have similar effects? How could someone test this possibility?

In: Psychology

In business ethics. discuss about the influence of corporate culture. (750 words)

In business ethics. discuss about the influence of corporate culture. (750 words)

In: Operations Management

4- Describe the following research method Descriptive

4- Describe the following research method Descriptive

In: Psychology

Suppose the depreciation rate of capital decreased at time t* permanently. How would this affect real...

Suppose the depreciation rate of capital decreased at time t* permanently. How would this affect real wage rate, real rental rate, real interest rate and price level in long run and very-long run in a closed market economy?

In: Accounting

IN JAVA Step 1 Develop the following interface: Interface Name: ImprovedStackInterface Access Modifier: public Methods Name:...

IN JAVA

Step 1 Develop the following interface: Interface Name: ImprovedStackInterface Access Modifier: public Methods Name: push Access modifier: public Parameters: item (data type T, parameterized type) Return type: void Throws: StackFullException Name: push Access modifier: public Parameters: item1 (data type T, parameterized type), item2 (data type T, parameterized type) Return type: void Throws: StackFullException Name: pop Access modifier: public Parameters: none Return type: void Throws: StackEmptyException Name: doublePop Access modifier: public Parameters: none Return type: void Throws: StackEmptyException Name: top Access modifier: public Parameters: none Return type: T (parameterized type) Throws: StackEmptyException Step 2 Develop the following class: Class Name: StackFullException Access Modifier: public Extends: Exception Constructors Name: StackFullException Access modifier: public Parameters: none (default constructor) Task: makes a call to the default constructor of its superclass Name: StackFullException Access modifier: public Parameters: message (datatype String) Task: makes a call to the constructor of its superclass by passing the parameter message to it Step 3 Develop the following class: Class Name: StackEmptyException Access Modifier: public Extends: Exception Constructors Name: StackEmptyException Access modifier: public Parameters: none (default constructor) Task: makes a call to the default constructor of its superclass Name: StackEmptyException Access modifier: public Parameters: message (datatype String) Task: makes a call to the constructor of its superclass by passing the parameter message to it Step 4 Develop the following class: Class Name: ImprovedArrayBasedStack Access Modifier: public Implements: ImprovedStackInterface Instance variables Name: top Access modifier: private Data type: int Name: stack Access modifier: private Data type: T[] (an array of parameterized type) Constructors Name: ImprovedArrayBasedStack Access modifier: public Parameters: none (default constructor) Task: sets the value of top to -1 sets the stack to refer to an array of Objects with 100 elements which are type cast to T[] Name: ImprovedArrayBasedStack Access modifier: public Parameters: size (data type int) Task: sets the value of top to -1 sets the stack to refer to an array of Objects with the number of elements equal to the size parameter which are type cast to T[] Methods Name: push Access modifier: public Parameters: item (data type T, parameterized type) Return type: void Throws: StackFullException Task: if the value of top is less than the length of the stack minus 1 then increase the value of top by 1 and place the item at the top of the stack, otherwise throw a StackFullException with the message "Not enough room for one item" Name: push Access modifier: public Parameters: item1 (data type T, parameterized type), item2 (data type T, parameterized type) Return type: void Throws: StackFullException Task: if the value of top is less than the length of the stack minus 2, then increase the value of top by 1 and place item1 at the top of the stack, then increase the value of top by 1 and place item2 at the top of the stack, otherwise throw a StackFullException with the message "Not enough room for two items" Name: pop Access modifier: public Parameters: none Return type: void Throws: StackEmptyException Task: if the value of top is greater than -1 then remove the item at the top of the stack by replacing it with null and decrease the value of top by 1, otherwise throw a StackEmptyException with the message "No item to remove" Name: doublePop Access modifier: public Parameters: none Return type: void Throws: StackEmptyException Task: if the value of top is greater than 0, then remove the item at the top of the stack by replacing it with null and decrease the value of top by 1, then remove the item at the top of the stack by replacing it with null and decrease the value of top by 1, otherwise throw a StackEmptyException with the message "There are less than two items in the stack" Name: top Access modifier: public Parameters: none Return type: T (parameterized type) Throws: StackEmptyException Task: if the value of top is greater than -1 then return the item at the top of the stack, otherwise throw a StackEmptyException with the message "Top attempted on an empty stack" Step 5 Develop a class with only a main method in it: import java.util.Scanner; public class ImprovedStackDemo { public static void main(String[] args) { /* Inside of this main method do the following: Create an object of the Scanner class that takes input from System.in and refer to this object as keyboard Create a reference to a ImprovedStackInterface called myImprovedStack and have it refer to a new object of the ImprovedArrayBasedStack type passing the value of 6 as an argument to the constructor Open a do/while loop Prompt the user to pick one of the following options: Press 1 to push one item onto the stack Press 2 to push two items onto the stack Press 3 to pop the top of stack Press 4 to pop the top of the stack twice Press 5 to look at the top of the stack Press 6 to end the program Save the user’s input into the option variable if the user picks option 1, prompt the user for what they would like to push onto the stack then save that in a variable called item Open a try block and inside that block call the push method by passing item as a parameter and then close the try block Open a catch block catching StackFullException e and inside this catch block print out the value of message stored in the exception else if the user picks option 2, prompt the user for what they would like to push onto the stack then save that in a variable called item1 Prompt the user for the second item that they would like to push onto the stack and save that in a variable called item2 Open a try block and inside that block call the push method by passing item1 and item 2 as parameters and then close the try block Open a catch block catching StackFullException e and inside this catch block print out the value of the message stored in the exception else if the user picks option 3, Open a try block and call the pop method and close the try block Open a catch block catching StackEmptyException e and inside this catch block print out the value of the message stored in the exception else if the user picks option 4, Open a try block and call the doublePop method and close the try block Open a catch block catching StackEmptyException e and inside this catch block print out the value of the message stored in the exception else if the user picks option 5, Open a try block and print the value returned by the top method and close the try block Open a catch block catching StackEmptyException e and inside this catch block print out the value of the message stored in the exception else if the user picks option 6, display Goodbye. else if the user picks any other option, display Error! close the do/while loop and make it so that it continues to run as long as the user does not pick option 6 */ } }

In: Computer Science

2. (a) (i) What are the advantages and disadvantages of conventional budgeting versus zero-based budgeting? (ii)...

2. (a) (i) What are the advantages and disadvantages of conventional budgeting versus zero-based budgeting?

(ii) What organizational characteristics create likely candidates for

zero-based budgeting?

(b) (i) What is variance analysis?

(ii) Explain the relationships among the static budget, flexible budget, and actual results.

In: Finance

1. Answer both (unrelated) parts a and b. a.) Nipper Corp., which sells glow-in-the-dark pacifiers to...

1. Answer both (unrelated) parts a and b.

a.) Nipper Corp., which sells glow-in-the-dark pacifiers to anxious parents, is planned to expand its capacity. Nipper is considering buying a new piece of equipment that would cut the radioactivity in each pacifier. Onealternative would cost them $85,000 for new machinery and provide them with cash flows of $30,000 per year for the next four years. The other would cost $192,000 but would result in cash flows of $58,000 a year over the same four year period. Assuming that the cost of capital Nipper faces is 9.0%, evaluate the NPV and IRR of these projects and determine which one (i.e. mutually exclusive) you would choose. Explain your reasoning. Show all work!  

b.) Assume you are the financial manager with a hard capital rationing constraint of $20 million. You may invest in the following independent projects. Investment and cash flow figures are in millions.

Project

Investment

Net Present Value

A

5

3

B

6

1

C

11

3

D

5

2

E

4

1

Using the Profitability Index, which projects should you choose given the budget constraint? Which would you choose if there was no capital rationing? Show all work.

2. Construct a Market Value Balance Sheet  for Trump-Toppers, Inc. (TT), a manufacturer of custom-made hairpieces, based on the following data (FYI: There are no other liabilities or equity issues other than those mentioned below.): (answer parts a through c)
a.) The company has issued $1,000 bonds that will mature in 5 years with a total face value of $45,000,000. The coupon rate on the bond is 7.0%, but the market interest rate on similar bonds is now 4.5%. What is the price of one bond and market value of the entire bond issue?
b.) The company also has 25,000,000 shares of common stock outstanding. The company’searnings are expected to be $15 per share and it plans to pay out 40% of its earnings to its shareholders. With the growing popularity of fashionable cover-ups providing new expansion opportunities, the company expects that it can realize an estimated return on equity (ROE) of 22%, and, given the riskiness of the stock, the required rate of return is 20%. Calculate the price per share and the market value of the total equity position.
c.) The book value of assets in place (plant and equipment) is $640,000,000. Indicate the value of investment opportunities.

3. Answer parts a through e regarding the following investment project.

Ms. Phy Nance, a project analyst at DROF Motor Co., would like her project included in next year’s capital budget. According to her report, the new equipment would cost $185,217 and its projected cash flows would be as follows:

Year 140,000

Year 250,000

Year 353,000

Year 453,000

Year 570,000

The cost of capital is 12%

a) What is the NPV calculated by the analyst? If her numbers are correct should you accept the project?
b) Assume that the analyst included shipping and set-up costs of $5,217 in her estimation of the cost of the initial investment. Is this procedure correct? Why?
c) Assume that no consideration was given to the fact that the floor space used for this project could have been rented each year for $9,000 per year. How would this affect the calculation?
d) Included in her analysis, Ms. Nance calculated that lighting, heating and air conditioning cost the company $7,500 per year and that the new equipment occupies 40% of the total floor space --so she deducted $3,000 per year from the cash flows to reflect overhead costs for the new equipment. Is this deduction correct or should it be reversed?
e) Given your answers to b, c, and d, what is your calculation of Net Present Value for this project and would you include it in next year’s capital budget?

In: Finance