Suppose your company needs to raise $18 million and you want to issue 27-year bonds for this purpose. Assume the required return on your bond issue will be 5 percent, and you're evaluating two issue alternatives: a 5 percent semiannual coupon bond and a zero coupon bond. Your company's tax rate is 31 percent.

a. You will need to issue ............. of the coupon bonds to raise the $18 million. You will need to issue ................ of the zeroes to raise the $18 million.

(Round your answers to the nearest whole number. (e.g., 32))

b. In 27 years, your company's repayment will be $ .............. if you issue the coupon bonds. If you issue the zeroes, your company's repayment will be $ ..................

(Do not include the dollar sign ($). Do not round your intermediate calculations. Round your answers to the nearest whole number. (e.g., 32))

c. Your aftertax cash outflow for the first year will be $ ................. if you issue the coupon bonds, and a cash inflow of $ ....................if you issue the zeroes.

(Do not include the dollar signs ($). Do not round your intermediate calculations. Round your answers to the nearest whole number. (e.g., 32))

Pls try to answer with Excel.

In 2016, Natural Selection, a nationwide computer dating service, had $504 million of assets and $202 million of liabilities. Earnings before interest and taxes were $122 million, interest expense was $27.5 million, the tax rate was 40 percent, principal repayment requirements were $24.2 million, and annual dividends were 25 cents per share on 22 million shares outstanding.

1. Calculate the following for Natural Selection: (Round your answers to 2 decimal places.)

A: Liabilities to equity ratio=

B: Times interest earned ratio=

C: Times burden covered

2. What percentage decline in earnings before interest and taxes could Natural Selection have sustained before failing to cover: (Round your answers to 1 decimal place.)

A: Interest payment requirements? %

B: Principal and interest requirements? %

C: Principal, Interest, and common dividend payments? %

A standard unqualified audit opinion states that financial statements “present fairly” a company’s results “in accordance with generally accepted accounting principles.” Does following GAAP necessarily “present fairly” a company’s operating results?

1) State and discuss you answer. Provide examples to support your opinion.
What should a company do if following GAAP does not “present fairly” its operating results?

2) Write a clear and concise response to the above question.

H. Cochran, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $2,300,000. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to generate $2,900,000 in annual sales, with costs of $1,910,000. The project requires an initial investment in net working capital of $186,000 and the fixed asset will have a market value of $221,000 at the end of the project. Assume that the tax rate is 21 percent and the required return on the project is 12 percent. a. What are the net cash flows of the project each year? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) b. What is the NPV of the project?(A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

For each of the following examples of tests of hypothesis about µ, show the rejection and nonrejection regions on the t-distribution curve. (a) A two-tailed test with α = 0.01 and n = 15 (b) A left-tailed test with α = 0.005 and n = 25 (c) A right-tailed test with α = 0.025 and n = 22

Demonstrate the relationship between two variables. You will be required to use the least squares approach as well as use software (SPSS preferred) to perform analyses that will yield the coefficient of correlation, the coefficient of determination, and a simple linear regression analysis

Pappy’s Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy’s paid $195,000 for a marketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $910,000 per year. The fixed costs associated with this will be $234,000 per year, and variable costs will amount to 22 percent of sales. The equipment necessary for production of the Potato Pet will cost $1,000,000 and will be depreciated in a straight-line manner for the four years of the product life (as with all fads, it is felt the sales will end quickly). This is the only initial cost for the production. Pappy's has a tax rate of 25 percent and a required return of 15 percent.

a. Calculate the payback period for this project. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. Calculate the NPV for this project. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

c. Calculate the IRR for this project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Geography and the Foreign Exchange Market

a. What is the geographical location of the foreign exchange market?

b. What are the two main types of trading systems for foreign exchange?

c. How are foreign exchange markets connected for trading activities?

You can estimate the total number of text messages you send and receive in a year as follows:

• Count up the number of text messages sent and received during the one-hour period of a typical day when you do the most texting; then ...
• Multiply that count by 13, and multiply that result by 365, the number of days in a year.

13 is a guesstimate or SWAG for the ratio of the total number of messages sent and received in a day to the number of messages sent and received during the peak hour of texting activity.

Design a program, using pseudocode or a flowchart, that asks the user to enter the number of text messages sent and received for their peak one-hour of texting on a typical day. Use that value to calculate and report out an estimate of how many text messages that person sends and receives in a year.

To get full credit for this problem you must use a named constant for the number of days in a year and a named constant the 13 total day to peak hour ratio. If you believe you have a better guess for that ratio go ahead and use it.

Second Part: Write a Python program based on your design for estimating yearly text messages per the prior problem statement.

Case Study 2 – Auditing ACCT3000 (Semester 2, 2019)
You are an Audit Senior currently planning the 30 June 20X9 audit of Technology Limited, an Australian-owned company that produces and exports computer chips to China. At a recent planning meeting with Technology Limited’s senior staff, you obtained the following overview of this year’s operations:
Tight checks by Australian custom officials have delayed several shipments of computer chips. These delays have angered Chinese customers who are threatening to deduct 20% from the amounts owing as compensation for lost production time.
One of Technology Limited’s customers, Blue Chip Limited, is claiming that the latest batch of computer chips it received was found to be faulty. Blue Chip Limited is refusing to pay its account, which is allegedly seven months overdue. Technology Limited has claimed to have launched an investigation into the allegations, but as yet not been able to substantiate them. Technology Limited has suffered significant cash flow problems because another major customer, Creative Limited (Creative), is experiencing financial difficulties. As a result, Creative is taking well over 120 days to pay outstanding amounts, despite Creative’s terms of trade being payment within 30 days. Creative makes up 40 per cent of Technology Limited’s sales and the board has been reluctant to take any action that might adversely affect those sales. Consequently, Technology Limited has had to increase its dependency on its line of credit, and this has caused it to temporarily breach the debt to equity ratio required in its loan covenant with Big Bank Limited.
One of Technology Limited’s major suppliers went bankrupt one month ago, causing major product shortages. To overcome the problem, Peter James, the husband of the finance director, Natalie James, provided electronic components used in the production of computer chips to Technology Limited through his private company Norton Limited. Norton Limited demands payment in $US prior to the electronic components being supplied. There is no formal agreement in place with Peter James, however, the goods are being provided at competitive prices. You are concerned about the electronic components that Peter James’ company is supplying, because his products are new to the market and you have heard some of Technology Limited’s staff complaining that they are of poor quality.
Due to increased competitive pressure, Technology Limited has recently moved the manufacture of some of its computer chips to Bangladesh. Technology Limited saves around 25 per cent in costs compared to the equivalent Australian made items. However, the manufacturing process takes longer and on a few occasions late delivery from Bangladesh has resulted in lost sales.
Last month, a protester suffered a broken leg, allegedly because he was hit by a company truck. The protester is now suing Technology Limited for damages, claiming the contractor was in fact an employee of Technology Limited at the time of the accident, and was acting on Technology Limited’s instructions. Technology Limited is fighting the case and appears to have a reasonable chance of winning; however, the adverse publicity being generated is making the company nervous about its sales in the future.
During the period, the Australian dollar has remained steady against the Chinese Yuan, although it fell by about 3% against the US dollar. Debtors are invoiced in $US at the time of shipment, and payment is received in $US one month after the shipment is delivered. It takes around six weeks for the charter vessels to travel from Technology Limited’s shipyard at Bigmantle Bay to China. A recent downturn in the Chinese economy is affecting forward orders, which have fallen by 15%.
Required:
Prepare a memorandum to the audit manager, outlining your risk assessment relating to Technology
Limited. When making your risk assessment:
(a) Identify two (2) balance sheet accounts from the information provided that are subjected
to an increase in audit risk. Briefly explain what factors increase the audit risk associated
with the two (2) account balances identified. In your explanation, please mention the key
assertion(s) at risk of material misstatement and the components of the audit risk model
affected for each account balance identified.
(b) Identify how the audit plan will be affected and recommend specific audit procedures to
address the risks associated with each account balance identified.
(Please Note – Maximum Word Limit: 800 Words excluding references)

Write a C++ program using dynamic arrays that allows the user to enter the last names of the candidates in a local election and the number of votes received by each candidate. The program must ask the user for the number of candidates and then create the appropriate arrays to hold the data. The program should then output each candidate’s name, the number of votes received, and the percentage of the total votes received by the candidate. Your program should also output the winner of the election. (20 points) A sample output is: Name of Candidate Votes Received % of Total Votes Ali 5000 25.91 Imran 4000 20.73 Ahmad 6000 31.09 Ijaz 2500 12.95 Khan 1800 9.33 Total 19300 The winner of the local election is Ahmad.

Pharoah Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of $901,000, and project B’s cost is $1,268,100. Cash flows from both projects are given in the following table. Year Project A Project B 1 $86,212 $586,212 2 313,562 413,277 3 427,594 231,199 4 285,552 What are their discounted payback periods? (Round answers to 2 decimal places, e.g. 15.25. If discounted payback period exceeds life of the project, enter 0.00 for the answer.) Discounted payback period of project A 0.00 Discounted payback period of project B 0.00 Which will be accepted with a discount rate of 8 percent? Pharoah should choose

Please show not using excel or financial calculator functions

The average height of professional basketball players is around 6 feet 7 inches, and the standard deviation is 3.89 inches. Assuming Normal distribution of heights within this group

(a) What percent of professional basketball players are taller than 7 feet?

(b) If your favorite player is within the tallest 20% of all players, what can his height be?