Your firm may purchase certain assets from a struggling competitor. The competitor is asking $50,000,000 for the assets. Last year, the assets produced revenues of $15,000,000. Revenues earned in the next year (i.e., year 1) and in future years are estimated using the information in the table below.
Your staff expects that the following assumptions will hold over the operating period:
Your staff has also identified three key areas of uncertainty, which include
Worst-Case |
Base-Case |
Best-Case |
|
Cash Expenses as a % of Revenues |
60% |
55% |
45% |
WACC |
20% |
15% |
8% |
Revenue Growth Rate |
-10% |
0% |
7% |
Probability |
10% |
80% |
10% |
Develop the annual pro forma after-tax cash flow statement for each scenario.
Note: I am pretty sure the other "experts" who answered the question previously had major flaws in their math.
In: Finance
what is the effective of aviation and maritime in corona virus
in the south asia
In: Economics
The Economic Problem is a fundamental problem of Economics
Write an 800 words essay about this.
In: Economics
This is in JAVA
Bank Accounts 01: Child Classes
Copy the following SimpleBankAccount class and use it as a base class:
/** * Simple representation of a bank account * * @author Jo Belle * @version 0.5 (10/12/2020) */ import java.text.NumberFormat; public class SimpleBankAccount{ // fields (instance variables) private double balance; private String accountId; /** * Constructor for objects of class SimpleBankAccount */ public SimpleBankAccount(){ balance = 0.0; accountId = ""; } /** * Constructor for objects of class SimpleBankAccount */ public SimpleBankAccount( double bal, String id ){ balance = bal; accountId = id; } /** * Add money to the balance * * @param amount the amount to deposit * @return void */ public void deposit( double amount ){ balance += amount; } /** * Remove money from the balance * * @param amount the amount to withdraw * @return true (success) or false (failure) */ public boolean withdraw( double amount ){ if( balance - amount >= 0 ){ balance -= amount; return true; }else{ return false; } } /** * Get the balance * * @return the balance */ public double getBalance(){ return balance; } /** * Set account ID * * @param the account ID */ public void setAccountId(String id){ accountId = id; } /** * Get the account ID * * @return the account ID */ public String getAccountId(){ return accountId; } /** * Produces a string represenation of the balance * @return The balance (with a label) */ public String toString( ){ // display balance as currency String balanceStr = NumberFormat.getCurrencyInstance().format( balance ); return "Balance for account " + accountId + ": " + balanceStr + "\n"; } }
Include at least two classes: CheckingAccount and SavingsAccount. Save your CheckingAccount class in a file named CheckingAccount.java and your SavingsAccount class in a file named SavingsAccount.java. Your CheckingAccount class needs to add a field to track the last processed check number. Also include both a no-argument constructor and a parameterized constructor (that takes a double and a String). Furthermore, include the following method:
public boolean processCheck( int checkNum, double amount );
which returns false if checkNum has the same check number as the
last check processed, otherwise it reduces the balance by amount
and returns true.
Your SavingsAccount class needs to have a field for the interest
rate. Also include both a constructor that just takes the interest
rate (as a double) and a parameterized constructor (that takes a
double, String and a double). Furthermore, include an
applyInterest() method that multiples the current balance by the
interest rate, and adds that to the balance.
The following code should work and produce the output below:
/** * Exercises the basic functionality of a Checking and SavingsAccount * * @author Jo Belle * @version 0.3 (10/12/2020) */ public class AccountsDriver{ final public static double INTEREST_RATE = 0.01; // 1% public static void main( String[] args ){ CheckingAccount checking = new CheckingAccount( 100.0, "checking123" ); SavingsAccount savings = new SavingsAccount( 1000.0, "savings124", INTEREST_RATE ); double monthlyExpenses = 756.34; int electricBillCheckNum = 2123; double electricBill = 60.34; int registationCheckNum = 2124; double registration = 50.00; double dinnerMoney = 55.32; double futureCar = 200.0; double textbook = 90.0; // checking account transactions checking.deposit( monthlyExpenses ); checking.processCheck( electricBillCheckNum, electricBill ); checking.withdraw( dinnerMoney ); checking.processCheck( registationCheckNum, registration ); System.out.print( checking.toString() ); System.out.println( ); // savings account transactions savings.deposit( futureCar ); savings.applyInterest( ); savings.withdraw( textbook ); System.out.print( savings.toString() ); System.out.println( ); } }
Output:
Checking Account: Balance for account checking123: $690.68 Last processed check number: 2124 Savings Account: Balance for account savings124: $1,122.00 APR: 1.0%
Make just the necessary changes to the code in
SimpleBankAccount to complete the instructions.
Submit the following files:
Bank Accounts 02: Overriding 1
Building off of the Bank Accounts 01 practice assignment above,
in your CheckingAccount and SavingsAccount classes, override the
toString() method. Additionally include a call to
SimpleBankAccount's toString() method. Use the appropriate
annotation to designate that you're expecting this method to
override another method.
Submit the following files:
Bank Accounts 03: Overriding 2
Building off of the Bank Accounts 01 practice assignment above, add an equals() method that returns true if all of the fields match and false otherwise. The Object class has the following method:
public boolean equals( Object obj )
To override this method, you must have the same method header.
Additionally, to use the fields of the class that overrides the
method, you need to cast the parameter to the current class.
Your equals methods should work so that the following code will
execute, but not display anything:
/** * Exercises equals() * * @author Jo Belle * @version 0.1 (10/12/2020) */ public class BankAccounts03{ final public static double INTEREST_RATE = 0.01; // 1% public static void main( String[] args ){ CheckingAccount checking = new CheckingAccount( 100.0, "checking123" ); SavingsAccount savings = new SavingsAccount( 1000.0, "savings124", INTEREST_RATE ); CheckingAccount checkingCopy = new CheckingAccount( 100.0, "checking123" ); SavingsAccount savingsCopy = new SavingsAccount( 1000.0, "savings124", INTEREST_RATE ); if( checking.equals( checkingCopy ) == false ){ System.err.println("ERROR: The following objects are equal:"); System.err.println( checking ); System.err.println( checkingCopy ); } if( savings.equals( savingsCopy ) == false ){ System.err.println("ERROR: The following objects are equal:"); System.err.println( savings ); System.err.println( savingsCopy ); } int electricBillCheckNum = 2123; double electricBill = 60.34; double futureCar = 200.0; checking.processCheck( electricBillCheckNum, electricBill ); savings.deposit( futureCar ); savings.applyInterest( ); if( checking.equals( checkingCopy ) == true ){ System.err.println("ERROR: The following objects are NOT equal:"); System.err.println( checking ); System.err.println( checkingCopy ); } if( savings.equals( savingsCopy ) == true ){ System.err.println("ERROR: The following objects are NOT equal:"); System.err.println( savings ); System.err.println( savingsCopy ); } } }
Submit the following files:
In: Computer Science
Your firm may purchase certain assets from a struggling competitor. The competitor is asking $50,000,000 for the assets. Last year, the assets produced revenues of $15,000,000. Revenues earned in the next year (i.e., year 1) and in future years are estimated using the information in the table below.
Your staff expects that the following assumptions will hold over the operating period:
Your staff has also identified three key areas of uncertainty, which include
Worst-Case |
Base-Case |
Best-Case |
|
Cash Expenses as a % of Revenues |
60% |
55% |
45% |
WACC |
20% |
15% |
8% |
Revenue Growth Rate |
-10% |
0% |
7% |
Probability |
10% |
80% |
10% |
For this case, address the following goals (each goal should be shown in a separate worksheet in an Excel workbook; provide labels on each worksheet):
Goal 2- Calculate the NPV and IRR for each scenario. Within the Goal 2 worksheet, discuss/interpret the NPV and IRR values that you have calculated in terms of whether the acquisition should be accepted or rejected.
In: Finance
Unemployment
How do economists measure unemployment? Why is unemployment not a perfect measure of joblessness? Visit the Bureau of Labor Statistics website and explore the national unemployment rate section. What is the current level of national unemployment? Has it increased or decreased? Explain why the unemployment rate has changed. (You can also talk about COVID-19)
In: Economics
Protrade Corporation acquired 80 percent of the outstanding voting stock of Seacraft Company on January 1, 2017, for $408,000 in cash and other consideration. At the acquisition date, Protrade assessed Seacraft's identifiable assets and liabilities at a collective net fair value of $535,000 and the fair value of the 20 percent noncontrolling interest was $102,000. No excess fair value over book value amortization accompanied the acquisition.
The following selected account balances are from the individual financial records of these two companies as of December 31, 2018:
Protrade | Seacraft | |||||
Sales | $ | 650,000 | $ | 370,000 | ||
Cost of goods sold | 295,000 | 202,000 | ||||
Operating expenses | 151,000 | 106,000 | ||||
Retained earnings, 1/1/18 | 750,000 | 190,000 | ||||
Inventory | 347,000 | 111,000 | ||||
Buildings (net) | 359,000 | 158,000 | ||||
Investment income | Not given | 0 |
Protrade sells Seacraft a building on January 1, 2017, for
$82,000, although its book value was only $51,000 on this date. The
building had a five-year remaining life and was to be depreciated
using the straight-line method with no salvage value.
Determine balances for the following items that would
appear on consolidated financial statements for 2018:
Buildings (net)
Operating expenses
Net income attributable to non-controlling interest
In: Accounting
Construction Safety
1. Corporate safety plans, site specific safety plans, and emergency response plans are very long and detailed. Employees are usually trained in the application of these plans but what happens to workers and the company if an employee with duties in these plans does not remember something they are responsible to do in the plans when an accident or emergency happens? Please write a comprehensive answer including 1) possible reasons what went wrong, 2) what can be the consequences and 3) how it should be avoided in future (one page)
In: Civil Engineering
In: Economics
Python pls
1. The function only allow having one return statement. Any other statements are not allowed. You only have to have exactly one return statement.
For example
the answer should be
def hello(thatman):
return thatman * thatman
Create a function search_hobby. This function returns a set of hobby names and people's excitement level.
input
database = {'Dio': {'Lottery': 2, 'Chess': 4, 'Game': 3},'Baily': {'Game': 2, 'Tube': 1, 'Chess': 3}, 'Chico': {'Punch': 2, 'Chess': 5}, 'Aaron': {'Chess': 4, 'Tube': 2, 'Baseball': 1}}
def search_hobby(database, num):
#ONLY ONE STATEMENT IS ALLOWED (RETURN STATEMENT)
search_hobby(database,0) -> {'Chess', 'Punch', 'Baseball', 'Game', 'Tube', 'Lottery'}
search_hobby(databalse,3) - > {'Chess', 'Game'}
In: Computer Science
In Java please, question is: Find a website that publishes the current temperature in your area, and write a screen-scraper program Weather so that typing java weather followed by your zip code will give you a weather forecast
In: Computer Science
1)
Which of the following combinations of changes in supply and demand (listed in the same order) is likely to cause an indeterminate change in quantity?
Multiple Choice
Decrease/Decrease
Increase/Decrease
Increase/Increase
Static/Decrease
2)
A government set minimum wage:
Multiple Choice
imposes a legal ceiling above the wage of the least skilled worker.
is one of the reasons why price level falls during recessions.
imposes a legal floor under the wage of the most skilled worker.
imposes a legal floor under the wage of the least skilled worker.
3)
International specialization and trade:
Multiple Choice
allow a nation to get more of a desired good at less sacrifice of some other good.
can allow an economy to circumvent the output limits imposed by its domestic production possibilities curve.
Has the same effect as having more and better resources.
All of the above.
4)
Ed, Mike, and Scott are the only three people in a community and Ed is willing to pay $20 for the 5th unit of a public good; Mike, $15; Scott, $25. The government should produce the 5th unit of the public good if the marginal cost is:
Multiple Choice
less than $150.
less than $100.
less than $60.
less than $300.
5)
Answer the question based on the following information.
Way-Below Normal University has found it necessary to institute a
crime-control program on its campus to deal with the high costs of
theft and vandalism. The university is now considering several
alternative levels of crime control. This table shows the expected
annual costs and benefits of these alternatives. If Way-Below
Normal undertakes Level Three:
Total costs per year | Total benefits per year (reduction in the costs of crime) | |
Level One – 1 security officer | $20,000 | $80,000 |
Level Two – 1 security officer with guard dog | 30,000 | 120,000 |
Level Three – 1 security officer with guard dog and patrol car | 40,000 | 140,000 |
Level Four – 2 security officers with guard dog | 50,000 | 155,000 |
Level Five – 2 security officers with guard dog and patrol car | 60,000 | 160,000 |
Multiple Choice
total benefits will be less than total costs.
marginal costs will exceed marginal benefits.
there would be an under-allocation of resources to crime control.
there would be an over-allocation of resources to crime control.
6)
If a good that generates negative externalities was priced to take into account these negative externalities, then its:
Multiple Choice
price would decrease and its output would increase.
output would increase but its price would remain constant.
price would increase and its output would decrease.
price would increase but its output would remain constant.
In: Economics
1. Fiscal Policy
What is fiscal policy? Is the President and Congress currently running expansionary fiscal policy or contractionary fiscal policy? Why? Visit the Congressional Budget Office and report a project that could impact the budget (search topics then pick an area that you find interesting and may even talk about the COVID-19 as well).
In: Economics
Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, the first month of operations:
a. Materials purchased on account, $28,580. | |
b. Materials requisitioned and factory labor used: |
Job |
Materials |
Factory Labor |
301 | $3,030 | $2,760 |
302 | 3,490 | 3,770 |
303 | 2,520 | 1,860 |
304 | 8,290 | 6,880 |
305 | 5,000 | 5,490 |
306 | 3,890 | 3,410 |
For general factory use | 1,130 | 4,190 |
c. Factory overhead costs incurred on account, $5,670. | |
d. Depreciation of machinery and equipment, $2,050. | |
e. The factory overhead rate is $52 per machine hour. Machine hours used: |
Job | Machine Hours |
301 | 27 |
302 | 38 |
303 | 28 |
304 | 73 |
305 | 38 |
306 | 27 |
Total | 231 |
f. Jobs completed: 301, 302, 303 and 305. | |
g. Jobs were shipped and customers were billed as follows: Job 301, $8,340; Job 302, $10,880; Job 303, $15,310. |
Required: | |||
1. | Journalize the entries to record the summarized operations. Record each item (items a-f) as an individual entry on March 31. Record item g as 2 entries. Refer to the Chart of Accounts for exact wording of account titles. | ||
2. | Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. For grading purposes enter transactions in alphabetical order. Determine the correct ending balance. The ending balance label is provided on the left side of the T account even when the ending balance is a credit. The unused cell on the balance line should be left blank. | ||
3. | Prepare a schedule of unfinished jobs to support the balance in the work in process account.* | ||
4. | Prepare a schedule of completed jobs on hand to support the
balance in the finished goods account.*
|
CHART OF ACCOUNTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kurtz Fencing Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
General Ledger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
Amount Descriptions | |
Balance of Work in Process, January 30 | |
Finished Goods, January 30 (Job 305) | |
Job No. 301 | |
Job No. 302 | |
Job No. 303 | |
Job No. 304 | |
Job No. 305 | |
Job No. 306 |
1. Journalize the entries to record the summarized operations. Record each item (items a-f) as an individual entry on March 31. Record item g as 2 entries. Refer to the Chart of Accounts for exact wording of account titles.
PAGE 10
JOURNAL
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2. Post the appropriate entries to T accounts for Work in Process and Finished Goods, using the identifying letters as transaction codes. Insert memo account balances as of the end of the month. For grading purposes enter transactions in alphabetical order. Determine the correct ending balance. The ending balance label is provided on the left side of the T account even when the ending balance is a credit. The unused cell on the balance line should be left blank.
Work in Process | |||
Bal. |
Finished Goods | |||
Bal. |
3. Prepare a schedule of unfinished jobs to support the balance in the work in process account. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries.
Kurtz Fencing Inc. |
Schedule of Unfinished Jobs |
1 |
Job |
Direct Materials |
Direct Labor |
Factory Overhead |
Total |
2 |
|||||
3 |
|||||
4 |
4. Prepare a schedule of completed jobs on hand to support the balance in the finished goods account. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries.
Kurtz Fencing Inc. |
Schedule of Completed Jobs |
1 |
Job |
Direct Materials |
Direct Labor |
Factory Overhead |
Total |
2 |
In: Accounting
Which of the following would shift the demand curve for cars to the right?
Group of answer choices
An increase in the federal funds rate
An increase in discount lending by the Fed to banks
An increase in home mortgage interest rates
An increase in the unemployment rate over the NAIRU
originally proposed the use of government spending to stimulate the economy in the 1930s, during the Great Depression.
Group of answer choices
John Maynard Keynes
Franklin Delano Roosevelt
Albert Einstein
Charles H. Chaplin
In: Economics