ACC 340 Week 5 Individual Assignment Sarbanes Oxley Act Article Analysis ACC 340 Week 5 Individual Assignment Sarbanes Oxley Act Article Analysis Question ACC 340 Week 5 Individual Assignment Sarbanes Oxley Act Article AnalysisIndividual Assignment:Sarbanes-Oxley Act Article Analysis· Usethe Electronic Reserve Readings, the University Library, the Internet, or other credible resources to locate an article that examines the Sarbanes-Oxley Act.· Writea 700- to 1,050-word summary of this article addressing the following:o Explain how the Sarbanes-Oxley Act affects the internal control of your organization or an organization of your choosing.o Discuss auditing around the computer and through the computer, the relevance of each, and how it affects your organization or an organization of your choosing.· Citeyour article in your summary, and prepare to discuss your article in class.· Formatyour summary consistent with APA guidelines.
general business data bank general business data bank Question 101. A mortgage note payable with a fixed interest rate requires the borrower to make installment payments over the term of the loan. Each installment payment includes interest on the unpaid balance of the loan and a payment on the principal. With each installment payment, indicate the effect on the portion allocated to interest expense and the portion allocated to principal. Portion Allocated Portion Allocated to Interest Expense to Payment of Principal a. Increases Increases b. Increases Decreases c. Decreases Decreases d. Decreases Increases 102. The entry to record an installment payment on a long-term note payable is a. Mortgage Payable Cash b. Interest Expense Cash c. Mortgage Payable Interest Expense Cash d. Bonds Payable Cash 103. Winter Company purchased a building on January 2 by signing a long-term $600,000 mortgage with monthly payments of $5,400. The mortgage carries an interest rate of 10 percent. The entry to record the first monthly payment will include a a. debit to the Cash account for $5,400. b. credit to the Cash account for $5,000. c. debit to the Interest Expense account for $5,000. d. credit to the Mortgage Payable account for $5,400. 104. Horton Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,400. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be a. $480,000. b. $479,600. c. $476,000. d. $475,600. 105. Farris Company borrowed $800,000 from BankTwo on January 1, 2011 in order to expand its mining capabilities. The five-year note required annual payments of $208,349 and carried an annual interest rate of 9.5%.What is the amount of expense Farris must recognize on its 2012 income statement? a. $76,000 b. $63,427 c. $56,206 d. $49,659 106. Farris Company borrowed $800,000 from BankTwo on January 1, 2011 in order to expand its mining capabilities. The five-year note required annual payments of $208,349 and carried an annual interest rate of 9.5%.What is the balance in the notes payable account at December 31, 2012? a. $800,000 b. $522,729 c. $667,651 d. $648,000 107. The lessee has substantially all of the benefits and risks of ownership in a(n) a. apartment lease. b. capital lease. c. operating lease. d. operating lease and a capital lease. 108. A lease where the intent is temporary use of the property by the lessee with continued ownership of the property by the lessor is called a. off-balance sheet financing. b. an operating lease. c. a capital lease. d. a purchase of property. 109. Which of the following is not a condition which would require the recording of a lease contract as a capital lease? a. The lease transfers ownership of the property to the lessee. b. The lease contains a bargain purchase option. c. The lease term is less than 75% of the economic life of the leased property. d. The present value of the lease payments equals or exceeds 90% of the fair market value of the leased property. 110. In a lease contract, a. the owner of the property is called the lessee. b. the presence of a bargain purchase option indicates that it is a capital lease. c. the renter of the property is called the lessor. d. there is always a transfer of ownership at the end of the lease term. 111. Which of the following statements concerning leases is true? a. Capital leases are favored by lessees. b. The appearance of the account, Leased Asset, on the balance sheet, signifies an operating lease. c. The portion of a lease liability expected to be paid in the next year is reported as a current liability. d. Present value is irrelevant in accounting for leases. 112. If the present value of lease payments equals or exceeds 90% of the fair market value of the leased property, the a. conditions are met for the lease to be considered a capital lease. b. lease is uneconomical and should not be entered into. c. lease may be classified as an operating lease. d. recording of a lease liability is optional—that is, the off-balance sheet approach can be elected. 113. Each of the following may be shown on a supporting schedule instead of on the balance sheet except the a. current maturities of long-term debt. b. conversion privileges. c. interest rates. d. maturity dates. 114. The times interest earned ratio is computed by dividing a. net income by interest expense. b. income before income taxes by interest expense. c. income before interest expense by interest expense. d. income before income taxes and interest expense by interest expense. 115. The discount on bonds payable or premium on bonds payable is shown on the balance sheet as an adjustment to bonds payable to arrive at the carrying value of the bonds. Indicate the appropriate addition or subtraction to bonds payable: Premium on Discount on Bonds Payable Bonds Payable a. Add Add b. Deduct Add c. Add Deduct d. Deduct Deduct 116. In a recent year Joey Corporation had net income of $140,000, interest expense of $40,000, and tax expense of $20,000. What was Joey Corporation’s times interest earned ratio for the year? a. 5.00 b. 4.00 c. 3.50 d. 3.00 117. In a recent year Cold Corporation had net income of $250,000, interest expense of $50,000, and a times interest earned ratio of 9. What was Cold Corporation’s income before taxes for the year? a. $500,000 b. $450,000 c. $400,000 d. None of the above. 118. The adjusted trial balance for Lamar Corp. at the end of the current year, 2012, contained the following accounts. 5-year Bonds Payable 8% $1,600,000 Interest Payable 50,000 Premium on Bonds Payable 150,000 Notes Payable (3 mo.) 40,000 Notes Payable (5 yr.) 145,000 Mortgage Payable ($15,000 due currently) 300,000 Salaries and Wages Payable 18,000 Taxes Payable (due 3/15 of 2013) 25,000 The total long-term liabilities reported on the balance sheet are a. $2,045,000. b. $2,100,000. c. $2,195,000. d. $2,180,000. 119. The 2012 financial statements of Marker Co. contain the following selected data (in millions). Current Assets $ 75 Total Assets 140 Current Liabilities 40 Total Liabilities 95 Cash 8 The debt to total assets ratio is a. 67.9%. b. 96.4%. c. 28.6%. d. 256%. a120. The present value of a bond is also known as its a. face value. b. market price. c. future value. d. deferred value. a121. $3 million, 8%, 10-year bonds are issued at face value. Interest will be paid semi-annually. When calculating the market price of the bond, the present value of a. $240,000 received for 10 periods must be calculated. b. $3 million received in 10 periods must be calculated. c. $3 million received in 20 periods must be calculated. d. $120,000 received for 10 periods must be calculated. a122. Either the straight-line method or the effective-interest method of amortization will always result in a. the same amount of interest expense being recognized over the term of the bonds. b. the same amount of interest expense being recognized each year. c. more interest expense being recognized than if premium or discounts were not amortized. d. the same carrying value each year during the term of the bonds. a123. A corporation issued $600,000, 10%, 5-year bonds on January 1, 2012 for $648,666, which reflects an effective-interest rate of 8%. Interest is paid semiannually on January 1 and July 1. If the corporation uses the effective-interest method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1, 2012, is a. $30,000. b. $24,000. c. $32,434. d. $25,946. a124. A bond discount must a. always be amortized using straight-line amortization. b. always be amortized using the effective-interest method. c. be amortized using the effective-interest method if it yields annual amounts that are materially different than the straight-line method. d. be amortized using the straight-line method if it yields annual amounts that are materially different than the effective-interest method. a125. When the effective-interest method of bond discount amortization is used, a. the applicable interest rate used to compute interest expense is the prevailing market interest rate on the date of each interest payment date. b. the carrying value of the bonds will decrease each period. c. interest expense will not be a constant dollar amount over the life of the bond. d. interest paid to bondholders will be a function of the effective-interest rate on the date the bonds are issued.
accounting problems accounting problems Question The following infcrmationwasmadeavailable from the income statement and balance sheet of Meranda Company: Item 12/31/10 12/31/09 AccountsReceivable $ 42,000 $45,100 AccountsPayable 27,900 24,500 MerchandiseInventory 68,000 63,000 Sales(2010) 170,000 Interest Revenue(2010) 3,200 Dividend Revenue(2010) 1,800 TaxExpense (2010) 11,600 SalariesExpense (2010) 22,400 COGS(2010) 57,000 InterestExpense(2010) 2,200 OperatingExpenes 19,400 Completethecashflo usingthe directmetho fromoperating activitiessectionforMeranda Companyfortheyearended December31,2010. 2. GiventhefollowiComputethepercentage balantothe cesheet,completeahorizontalanalysis.nearesttenthof apercent. Jessica’sJewelryStoreComparativeBalanceSheetForYearsEndedDecember 31 2011 and2010 (inthousands) 2011 2010 Difference Percentage Assets CurrentAssets Cashand Equivalents $319 $288 AccountsReceivable,net 166 173 Inventory 437 400 TotalCurrentAssets 922 861 Property,PlantandEquipment TotalAssets $1,299 $1,273 Liabilities CurrentLiabilities AccountsPayable 132 144 AccruedLiabilities 90 84 TotalCurrentLiabilities 222 228 Long-TermLiabilities 84 96 TotalLiabilities 306 324 Stockholders’Equity CommonStock 288 255 RetainedEarnings 705 694 TotalStockholders’Equity 993 949 TotalLiabilitiesand Stockholders’Equity 1,299 $1,273 ng Part B: Answer each of the following 15 questions. Each answer is worth 4 points. 1. Given the following information, show the increase or decrease in the accounting equation: A. Deanne invests $45,000 and $10,000 of office equipment into the business. B. Furniture is purchased for $8,000 cash. C. Supplies are purchased on credit for $2,300. D. The month’s electric bill of $775 was paid. E. The month’s cash sales were $5,000. 2. Journalize the following transactions and include the explanations. A. Tammy invested $40,000 into her corporation on June 11. B. Tammy purchased inventory for $95,000, of which $70,000 was on account on June 14. C. Tammy paid one month’s rent of $2,400 on June 16. D. Tammy had sales of $15,000 on account on June 19. E. Tammy had paid $2,500 on her payables account on June 21. 3. Prepare a trial balance from the following information for Computer Systems, Inc. for December 31, 2012: Accounts payable $4,298 Common stock $4,073 Sales $8,302 Cash $1,902 Notes payable $888 Wages expense $777 Supplies expense $1,028 Equipment $5,183 Accounts receivable $1,733 Inventory $6,938 4. Compute the missing information from this post-closing trial balance: Cash $38,502 Accounts Receivable 14,372 Prepaid Rent 18,229 Prepaid Insurance 4,583 Supplies (A) Accounts Payable (B) Wages Payable 29,428 Common Stock 30,049 Retained Earnings 18,423 _______ _______ Total $80,436 $80,436 5 5. Journalize the following transactions using the perpetual inventory method: Nov. 1 Purchased $3,600 of merchandise from Hilltop, terms 2/10, n/30. Nov. 5 Purchased $1,750 of merchandise for cash from Owen’s Supply. Nov. 7 Purchased $3,400 of merchandise from Seaside, terms 1/15, n/30. Nov. 10 Returned $500 of merchandise to Seaside. Credit Memo #131. Nov. 11 Paid the invoice from Hilltop. 6. Given the following information, prepare a balance sheet for Brandon’s Campstore for the year ending December 31, 2012: Cash $38,745 Retained Earnings $171,309 Common Stock $43,500 Equipment $37,200 Accounts Receivable $14,109 Accounts Payable $26,351 Land $35,000 Inventory $81,311 Prepaid Supplies $9,003 Income Taxes Payable $5,284 Office Computers $16,399 Other PPE $26,550 Accum. Depr. (all) $21,013 Prepaid Insurance $9,140 6 7. Rick Company’s beginning inventory and purchases during the fiscal year ended December 31, 2012, were as follows: (Note: The company uses a perpetual system of inventory.) Units Unit Price Total Cost January 1—Beginning 18 $24 432 inventory March 12—Sold 13 April 11—Purchase 45 $29 $1,305 June 20—Sold 33 Aug 16—Purchase 35 $27 $945 Sept 11—Sold 29 Total Cost of Inventory Ending inventory is 23 units. $2,682 What is the ending inventory of Rick Company for 2012 using FIFO? 7 8. Assume that in Year 1, the ending merchandise inventory is overstated by $30,000. If this is the only error in Years 1 and 2, fill in the items below, indicating which items will be understated, overstated, or correctly stated for Years 1 and 2. Item Year 1 Year 2 Gross Profit _____________ ______________ Net Income _____________ ______________ Ending Retained Earnings _____________ ______________ 9. Below is a list of treatments of accounting topics. Place GAAP on the line if the treatment is GAAP-based and place IFRS on the line if the treatment is IFRS-based. A. The use of LIFO is allowed. ___________________ B. Both research and development costs are expensed as incurred. ___________________ C. Market is defined as current replacement cost. ___________________ 10. Record the necessary journal entries from the following bank reconciliation information for July 31, 2011: Bank Balance, July 31, 2011 $28,542 Checkbook Balance, July 31, 2011 29,344 Bank collection of note receivable 1,545 + 210 interest Bank service charge 75 Deposits in transit 3,145 Outstanding checks 2,685 NSF check from customer 770 Correction of book error (check #456 written for $280, recorded at $28)—maintenance expense 11. Journalize the following transactions for Ryan Company: July 1 Sold $5,300 of merchandise to Rick on account. Nov. 1 Exchanged Rick’s account receivable for an eight-month, 6% note for $5,300. Dec. 31 Recorded accrued interest on Jim’s note (round to nearest dollar). July 1 Rick paid off his note with interest (round to nearest dollar). 12. A computer system was purchased on July 1 at a cost of $125,000. It’s expected to be used for four years and to have a residual value of $5,000 after 8,000 hours of service. The system was used for 1,750 hours the first year and 2,100 hours the second year. Calculate the depreciation expense to the nearest dollar for the first and second years. Method Year 1 Year 2 Straight-line ________ ________ Double-declining-balance ________ ________ Units-of-production ________ ________ 10 13. Prepare journal entries for the following transactions for Ryan Company in the general journal: Feb. 28 Machinery that cost $57,000 and had accumulated depreciation of $46,000 was sold for $2,500. April 10 A van that cost $23,700 and had accumulated depreciation of $21,000 was sold for $1,250. July 16 Equipment that cost $120,000 and had accumulated depreciation of $112,000 was traded in for new equipment with a fair-market value of $140,000. The old equipment and $135,000 in cash were given for the new equipment. 14. Journalize the following treasury stock transactions: May 1 Reacquired 800 shares of $15 par common stock for $13 per share. May 7 Sold 400 shares at $11 per share. May 9 Sold 250 shares at $17 per share 15. The following information was taken from the financial statements of Brandon Company for 12/31/10 and12/31/09: Net income for 2010: $313,000 Depreciation expense for 2010: $28,400 Loss on sale of equipment: $7,300 Balance Sheet 12/31/10 12/31/09 Accounts Receivable $46,000 $50,000 Merchandise Inventory 35,000 28,000 Accounts Payable 27,000 24,000 Interest Payable 6,000 8,000 Prepare the operating activities section of the statement of cash flows under the indirect method for the year ended December 31, 2010.
Innovation Process Presentation Innovation Process Presentation Question UOP OI361 week 5Use the same Virtual Organization your team selected in the previous weeks’ assignments. Prepare a 15- to 20-minute Microsoft® PowerPoint® presentation accompanied by 8–12 slides. Identify and discuss the four basic phases of the Phased Project Planning process. Explain how you will apply the innovative process to change your selected organization. Identify the appropriate tools and techniquesyou will use in this process and explain why these were selected. Discuss how you will measure your results and what steps your selected organization will take to ensure continuous improvement. Include detailed speaker notes with your presentation. Format your presentation consistent with APA guidelines.
post university BUS 204 business law unit 7 safe assignment post university BUS 204 business law unit 7 safe assignment Question Unit 7 Safe AssignmentAssignments submitted through this link will be checked using SafeAssign by Blackboard. Your work will not be used for any purpose other than preventing plagiarism in the University. Ownership of the intellectual property contained in your written work will not be transferred to any third party. Please submit your paper as a Word Document. If you have the 2010 version of Word, please save your paper in a previous version (Word 97-2003 document) as Safe Assign may not accept the most recent version.Assignments submitted through this link will be checked using SafeAssign by Blackboard. Your work will not be used for any purpose other than preventing plagiarism in the University. Ownership of the intellectual property contained in your written work will not be transferred to any third party.Please submit your paper as a Word Document.If you have the 2010 version of Word, please save your paper in a previous version (Word 97-2003 document) as Safe Assign may not accept the most recent version.Please submit answers to the link below no later than 11:59 PM Sunday at week's end.Here is the fact pattern I want you to base your answer on:You want the latest in mini laptop computers.You find what you need by searching on the Internet.The seller is in Taiwan.You negotiate a deal with the seller over the Internet and buy the computer.The seller agrees to ship you the computer by boat.Answer this Question: (minimum 200 words; any format)What terms (words) would you insist be included in the Sales Contract so you would not bear the Risk of Loss?Explain in detail why you use specific words and terms (i.e. compare and contrast).Use the following to guide you:My Lecture“Risk of Loss” (Chapter 19, esp. pp. 516 – 519)“Risk of Loss in International Sales”
BUS308 Statistics for Managers wek 3 problem set BUS308 Statistics for Managers wek 3 problem set Question 1.Is the average salary the same for each of the grade levels? (Assume equal variance, and use the Analysis ToolPak function ANOVA.) Set up the data input table/range to use as follows: Put all of the salary values for each grade under the appropriate grade label.A B C D E F 2.The factorial ANOVA with only two variables can be done with the Analysis ToolPak function two-way ANOVA with replication. Set up a data input table like the following:GradeGradeGradeGradeGradeGradeGenderABCDEFMFFor each empty cell, randomly pick a male or female salary from each grade. Interpret the results. Are the average salaries for each gender (listed as sample) equal? Are the average salaries for each grade (listed as column) equal?3.Repeat question 2 for the compa values.GradeGradeGradeGradeGradeGradeGenderABCDEFMF4.Pick any other variable you are interested in and do a simple 2-way ANOVA without replication. Why did you pick this variable and what do the results show?5.What are your conclusions about salary equity now?
STR 581- Final Exam Part 2 – 100% Score on the Quiz STR 581- Final Exam Part 2 – 100% Score on the Quiz Question 1. How firms estimate their cost of capital: The WACC for a firm is 13.00 percent. You know that the firm’s cost of debt capital is 10 percent and the cost of equity capital is 20% What proportion of the firm is financed with debt?2. Ajax Corp. is expecting the following cash flows – $79,000, $112,000, $164,000, $84,000, and $242,000 – over the next five years. If the company’s opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)3. Variance reports are:4. A cost which remains constant per unit at various levels of activity is a:5. Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. What should the company’s bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.)6. The convention of consistency refers to consistent use of accounting principles:7. The major element in budgetary control is:8. Firms that achieve higher growth rates without seeking external financing:9. Gateway, Corp. has an inventory turnover of 5.6. What is the firm’s days’s sales in inventory?10. Which of the following financial statements is concerned with the company at a point in time?11.The cash conversion cycle?12. The process of evaluating financial data that change under alternative courses of action is called13. Jayadev Athreya has started his first job. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years?14. If a company’s weighted average cost of capital is less than the required return on equity, then the firm:15. Jack Robbins is saving for a new car. He needs to have $21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar)16. Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time:17. Process costing is used when18. What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects?19. Which of the following is considered a hybrid organizational form20. Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?21. Horizontal analysis is also known as:22. In a process cost system, product costs are summarized:23. An activity that has a direct cause-effect relationship with the resources consumed is a(n):24. The break-even point is where:25. Your firm has an equity multiplier of 2.47. What is the debt-to-equity ratio?26. M&M Proposition 1: Dynamo Corp. produces annual cash flows of $150 and is expected to exist forever. The company is currently financed with 75 percent equity and 25 percent debt. Your analysis tells you that the appropriate discount rates are 10 percent for the cash flows, and 7 percent for the debt. You currently own 10 percent of the stock.If Dynamo wishes to change its capital structure from 75 percent equity to 60 percent equity and use the debt proceeds to pay a special dividend to shareholders, how much debt should they use?27. An unrealistic budget is more likely to result when it:28. Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars.29. Teakap, Inc. has current assets of $1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000 and retained earnings of $1,468,347. How much long-term debt does the firm have?30. The most important information needed to determine if companies can pay their current obligations is the:31. Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following three years. If their required rate of return if 14 percent, what is the present value of their dividends over the next four years?32. Internal reports that review the actual impact of decisions are prepared by:33. TuleTime Comics is considering a new show that will generate annual cash flows of $100,000 into the infinite future. If the initial outlay for such a production is $1,500,000 and the appropriate discount rate is 6 percent for the cash flows, then what is the profitability index for the project?34. Which of the following presents a summary of changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?35. Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.)36. The group of users of accounting information charged with achieving the goals of the business is its:37. The accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day decisions about activities in an area is called:38. External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay out 60 percent as dividends. If the firm wants no external financing, what is the growth rate it can support?39. When a company assigns the costs of direct materials, direct labor, and both variable and fixed manufacturing overhead to products, that company is using:
maths assignments maths assignments Question Homework 3 Supplemented Questions 1. Consider the following linear program: . . 3 + 2 1 + 1 ? 10 3 + 1 ? 24 1 + 2 ? 16 , ? 0 a. Use the graphical solution procedure to find the optimal solution. b. Assume that the objective function coefficient for A changes from 3 to 5. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution. c. Assume that the objective function coefficient for A remains 3, but the objective function coefficient for B changes from 2 to 4. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution. d. The computer solution for the linear program in part (a) provides the following objective coefficient range information: Objective Allowable Allowable Variable Coefficient Increase Decrease A 3.00000 3.00000 1.00000 B 2.00000 1.00000 1.00000 Use this objective coefficient range information to answer parts (b) and (c) Quantitative Analysis BA 452 Homework 3 Questions 2. Consider the linear program in Problem 1. The value of the optimal solution is 27. Suppose that the right-hand side for constraint 1 is increased from 10 to 11. a. Use the graphical solution procedure to find the new optimal solution. b. Use the solution to part (a) to determine the dual value or constraint 1. c. The computer solution for the linear program in Problem 1 provides the following right-hand-side range information: RHS Allowable Allowable Constraint Value Increase Decrease 1 10.00000 1.20000 2.00000 2 24.00000 6.00000 6.00000 3 16.00000 Infinite 3.00000 d. The dual value for constraint 2 is 0.5. Using this dual value and the right-hand-side range information in part (c), what conclusion can be drawn about the effect of changes to the right-hand side of constraint 2? Quantitative Analysis BA 452 Homework 3 Questions 3. Consider the following linear program: Min 8X + 12Y s.t. 1X + 3Y ? 9 2X + 2Y ? 10 6X + 2Y ? 18 A, B ? 0 a. Use the graphical solution procedure to find the optimal solution. b. Assume that the objective function coefficient for X changes from 8 to 6. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution. c. Assume that the objective function coefficient for S remains 8, but the objective function coefficient for Y changes from 12 to 6. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution. d. The computer solution for the linear program in part (a) provides the following objective coefficient range information: Objective Allowable Allowable Variable Coefficient Increase Decrease X 8.00000 4.00000 4.00000 Y 12.00000 12.00000 4.00000 How would this objective coefficient range information help you answer parts (b) and (c) prior to re-solving the problem? Quantitative Analysis BA 452 Homework 3 Questions 4. Consider the linear program in Problem 3. The value of the optimal solution is 48. Suppose that the right-hand side for constraint 1 is increased from 9 to 10. a. Use the graphical solution procedure to find the new optimal solution. b. Use the solution to part (a) to determine the dual value for constraint 1. c. The computer solution for the linear program in Problem 3 provides the following right-hand-side range information: RHS Allowable Allowable Constraint Value Increase Decrease 1 9.00000 2.00000 4.00000 2 10.00000 8.00000 1.00000 3 18.00000 4.00000 Infinite What does the right-hand-side range information for constraint 1 tell you about the dual value for constraint 1? d. The dual value for constraint 2 is 3. Using this dual value and the right-hand-side range information in part (c), what conclusion can be drawn about the effect of changes to the right-hand side of constraint 2? Quantitative Analysis BA 452 Homework 3 Questions 5. Refer to the Kelson Sporting Equipment problem (Chapter 2, Problem 24). Letting R=number of regular gloves C=number of catcher’s mitts Leads to the following formulation: 5 + 8 . . +?32? ? 900?12?+?13? ?300 ? ?18? +?14? ? 100 ? ,? 0 The computer solution is shown I Figure 3.13. Quantitative Analysis BA 452 Homework 3 Questions a. What is the optimal solution, and what is the value of the total profit contribution? b. Which constraints are binding? c. What are the dual values for the resources? Interpret each. d. If overtime can be scheduled in one of the departments, where would you recommend doing so? 6. Refer to the computer solution of the Kelson Sporting Equipment problem in Figure 3.13 (see Problem 5). a. Determine the objective coefficient ranges. b. Interpret the ranges in part (a). c. Interpret the right-hand-sides ranges. d. How much will the value of the optimal solution improve if 20 extra hours of packaging and shipping time are made available? Quantitative Analysis BA 452 Homework 3 Questions 7. Investment Advisors, Inc., is a brokerage firm that manages stock portfolios for a number of clients. A particular portfolio consists of U shares of U.S. Oil and H shares of Huber Steel. The annual return for U.S. Oil is $3 per share and the annual return for Huber Steel is $5 per share. U.S. Oil sells for $25 per share and Huber Steel sells for $50 per share. The portfolio has $80,000 to be invested. The portfolio risk index (.50 per share of U.S. Oil and 0.25 per share for Huber Steel) has a maximum of 700. In addition, the portfolio is limited to a maximum of 1000 shares of U.S. Oil. The linear programming formulation that will maximize the total annual return of the portfolio is as follows: 3 + 5 . . 25 + 50 ? 80,000 0.50 + 0.25 ? 700 1 ? 0 ? 1000 . . , The computer solution of this problem is shown in Figure 3.14. Quantitative Analysis BA 452 Homework 3 Questions a. What is the optimal solution, and what is the value of the total annual return? b. Which constraints are binding? What is your interpretation of these constraints in terms of the problem? c. What are the dual values for the constraints? Interpret each. d. Would it be beneficial to increase the maximum amount invested in U.S. Oil? Why or why not? , Attachments (177.91 KB)
ECO 550 Assignment 3 Market Model Patterns of Change ECO 550 Assignment 3 Market Model Patterns of Change Question ECO 550 Assignment 3 Market Model Patterns of ChangeAssignment 3 "Market Model Patterns of Change"Choose and research a specific business that is publicly traded where there has been a pattern of change in a particular market model (monopoly, oligopoly, etc.).Write a five (5) page paper in which you:Describe the business and explain the general pattern of change of the particular market model indicating how this change is likely to impact business operations. Hypothesize the basic short-run and long-run behaviors of the model in the business you have chosen in a “market economy.” Provide support for your assumptions and conclusions. Researching the company, collect costs, revenue data, other data from the business or that you deem relevant. Explain how you would modify the data in order to make it relevant to decisions a manager must make. Explain the major factors that affect the degree of competitiveness in your business. Use the data to develop at least three (3) measures (e.g., productivity measures) to show how the industry is evolving. Provide evidence supporting your rationale. Research two of the business’ closest competitors to determine the pricing strategy for each business indicating how knowledge of this information may influence pricing decisions in your business. Provide support for your rationale. Recommend a pricing policy for the business you chose. Assess how your pricing policy maximizes profits for the business. Provide support for your rationale. Use at least Four(4) high-quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
general business data bank general business data bank Question Corporate Finance, 2e (Berk/DeMarzo) Chapter 6 Investment Decision Rules 6.1 NPV and Stand-Alone Projects 1) Which of the following statements is false? A) About 75% of firms surveyed used the NPV rule for making investment decisions. B) If you are unsure of your cost of capital estimate, it is important to determine how sensitive your analysis is to errors in this estimate. C) To decide whether to invest using the NPV rule, we need to know the cost of capital. D) NPV is positive only for discount rates greater than the internal rate of return. Use the following information to answer the question(s) below. Sarah Palin reportedly was paid a $11 million advance to write her book Going Rogue. The book took one year to write. In the time she spent writing, Palin could have been paid to give speeches and appear on TV news as a political commentator. Given her popularity, assume that she could have earned $8 million over the year (paid at the end of the year) she spent writing the book. Assume that she was able to write the book while simultaneously fulfilling her media commitments of appearing on TV news as a political commentator and give speeches. 2) Assume that once her book is finished, it is expected to generate royalties of $5 million in the first year (paid at the end of the year) and these royalties are expected to decrease by 40% per year in perpetuity. Assuming that Palin's cost of capital is 10% and given these royalties payments, the NPV of Palin's book deal is closest to: A) $3.75 million B) $12.20 million C) $13.00 million D) $13.75 million 3) Which of the following statements is false? A) In general, the difference between the cost of capital and the IRR is the maximum amount of estimation error in the cost of capital estimate that can exist without altering the original decision. B) The IRR can provide information on how sensitive your analysis is to errors in the estimate of your cost of capital. C) If you are unsure of your cost of capital estimate, it is important to determine how sensitive your analysis is to errors in this estimate. D) If the cost of capital estimate is more than the IRR, the NPV will be positive. Use the following information to answer the question(s) below. You are considering investing in a start up project at a cost of $100,000. You expect the project to return $500,000 to you in seven years. Given the risk of this project, your cost of capital is 20%. 4) The NPV for this project is closest to: A) $29,200 B) $39,500 C) $129,200 D) $139,500 5) The IRR for this project is closest to: A) 15.60% B) 18.95% C) 20.00% D) 25.85% 6) The decision you should take regarding this project is A) reject the project since the NPV is negative. B) reject the project since the NPV is positive. C) accept the project since the IRR < 20%. D) accept the project since the IRR > 20%. Use the following information to answer the question(s) below. Sarah Palin reportedly was paid a $11 million advance to write her book Going Rogue. The book took one year to write. In the time she spent writing, Palin could have been paid to give speeches and appear on TV news as a political commentator. Given her popularity, assume that she could have earned $8 million over the year (paid at the end of the year) she spent writing the book. Assume that she was able to write the book while simultaneously fulfilling her media commitments of appearing on TV news as a political commentator and give speeches. 7) Assuming that Palin's cost of capital is 10%, then the NPV of her book deal is closest to: A) $2.00 million B) $2.20 million C) $3.00 million D) $3.75 million 8) The IRR of Palin's book deal is closest to: A) -27.25% B) -37.50% C) 27.25% D) 37.50% Use the table for the question(s) below. Consider a project with the following cash flows: Year Cash Flow 0 -10,000 1 4,000 2 4,000 3 4,000 4 4,000 9) If the appropriate discount rate for this project is 15%, then the NPV is closest to: A) $6,000 B) -$867 C) $1,420 D) $867 10) The NPV of project A is closest to: A) 12.0 B) 12.6 C) 15.0 D) 42.9 11) The NPV of project B is closest to: A) 12.6 B) 23.3 C) 12.0 D) 15.0 12) The NPV for this project is closest to: A) $176,270 B) $123,420 C) $450,000 D) $179,590Use the table for the question(s) below.Consider the following two projects: Project Year 0 C/F Year 1 C/F Year 2 C/F Year 3 C/F Year 4 C/F Year 5 C/F Year 6 C/F Year 7 C/F Discount Rate Alpha -79 20 25 30 35 40 N/A N/A 15% Beta -80 25 25 25 25 25 25 25 16% 13) The NPV for project alpha is closest to:A) $20.96B) $16.92C) $24.01D) $14.4114) The NPV for project beta is closest to:A) $24.01B) $16.92C) $20.96D) $14.41: 15) The NPV of Larry's three movie Larry Boy offer is closest to:A) 3.5 millionB) -1.6 million AnswerC) 1.6 millionD) -1.0 million16) The NPV for Boulderado's snowboard project is closest to:A) $228,900B) $46,900C) $51,600D) $23,80017) The NPV profile graphsA) the project's NPV over a range of discount rates.B) the project's IRR over a range of discount rates.C) the project's cash flows over a range of NPVs.D) the project's IRR over a range of NPVs.18) The NPV profileA) shows the payback period - the point at which NPV is positive.B) shows the internal rate of return - the point at which NPV is zero.C) shows the NPV over a range of discount rates.D) B and C are correct.