Some public service commissions let utilities include construction in progress-construction dollars spent for projects not yet completed in their rate-making asset bases. Other states allow only completed projects to be included. Required: Which approach favors shareholders? Why?

Answers

Answer 1

Allowing utilities to include construction-in-progress dollars in their rate-making asset bases favors shareholders by providing earlier returns, reducing financial risks, and offering greater certainty and stability for their investments.

The approach that favors shareholders is allowing utilities to include construction in progress (CIP) dollars in their rate-making asset bases. When CIP expenditures are included, utilities can capitalize on the costs incurred during the construction phase and include them in their rate base, which forms the foundation for determining the rates they can charge customers.

This approach benefits shareholders for several reasons. Firstly, including CIP dollars in the rate base allows utilities to start earning a return on their investment sooner, increasing their potential profitability.

Secondly, it reduces the financial risks associated with large-scale projects by allowing utilities to recover costs incrementally over time, rather than bearing the burden entirely until completion. Thirdly, it provides shareholders with a higher level of certainty and stability, as it helps ensure a steady stream of revenue and return on investment.

In contrast, the approach that only allows completed projects to be included in the rate base delays the potential return on investment for shareholders until the project is fully operational. This increases the financial risks for shareholders and may reduce their confidence in the utility's ability to generate returns in a timely manner.


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Related Questions

Cash Receipts Budget and Accounts Receivable Aging Schedule
Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales:
Quarter 1 $4,790,000
Quarter 2 5,680,000
Quarter 3 5,290,000
Quarter 4 7,880,000
In Shalimar's experience, 10 percent of sales are paid in cash. Of the sales on account, 65 percent are collected in the quarter of sale, 25 percent are collected in the quarter following the sale, and 7 percent are collected in the second quarter after the sale. The remaining 3 percent are never collected. Total sales for the third quarter of the current year are $5,560,000 and for the fourth quarter of the current year are $7,130,000.
Required:
Question Content Area
1. Calculate cash sales and credit sales expected in the last two quarters of the current year, and in each quarter of next year.
Quarter Cash Sales Credit Sales
3, current year $fill in the blank 4f9e7bfe3fc9059_1
$fill in the blank 4f9e7bfe3fc9059_2
4, current year fill in the blank 4f9e7bfe3fc9059_3
fill in the blank 4f9e7bfe3fc9059_4
1, next year fill in the blank 4f9e7bfe3fc9059_5
fill in the blank 4f9e7bfe3fc9059_6
2, next year fill in the blank 4f9e7bfe3fc9059_7
fill in the blank 4f9e7bfe3fc9059_8
3, next year fill in the blank 4f9e7bfe3fc9059_9
fill in the blank 4f9e7bfe3fc9059_10
4, next year fill in the blank 4f9e7bfe3fc9059_11
fill in the blank 4f9e7bfe3fc9059_12
Question Content Area
2. Construct a cash receipts budget for Shalimar Company for each quarter of the next year, showing the cash sales and the cash collections from credit sales. If an amount is zero, enter "0".
Shalimar Company
Cash Receipts Budget
For the Coming Year
Quarter 1 Quarter 2 Quarter 3 Quarter 4
Cash sales $fill in the blank d7b1efff9000008_1
$fill in the blank d7b1efff9000008_2
$fill in the blank d7b1efff9000008_3
$fill in the blank d7b1efff9000008_4
Received on account from:
Quarter 3, current year fill in the blank d7b1efff9000008_5
Quarter 4, current year fill in the blank d7b1efff9000008_6
fill in the blank d7b1efff9000008_7
Quarter 1, next year fill in the blank d7b1efff9000008_8
fill in the blank d7b1efff9000008_9
fill in the blank d7b1efff9000008_10
Quarter 2, next year fill in the blank d7b1efff9000008_11
fill in the blank d7b1efff9000008_12
fill in the blank d7b1efff9000008_13
Quarter 3, next year fill in the blank d7b1efff9000008_14
fill in the blank d7b1efff9000008_15
Quarter 4, next year fill in the blank d7b1efff9000008_16
fill in the blank d7b1efff9000008_17
fill in the blank d7b1efff9000008_18
fill in the blank d7b1efff9000008_19
Total cash receipts $fill in the blank d7b1efff9000008_20
$fill in the blank d7b1efff9000008_21
$fill in the blank d7b1efff9000008_22
$fill in the blank d7b1efff9000008_23
Question Content Area
3. What if the recession led Shalimar's top management to assume that in the next year 10 percent of credit sales would never be collected? The expected payment percentages in the quarter of sale and the quarter after sale are assumed to be the same. How would that affect cash received in each quarter? Construct a revised cash budget using the new assumption.
Shalimar Company
Cash Receipts Budget
For the Coming Year
Quarter 1 Quarter 2 Quarter 3 Quarter 4
Cash sales $fill in the blank 3e938706704efb5_1
$fill in the blank 3e938706704efb5_2
$fill in the blank 3e938706704efb5_3
$fill in the blank 3e938706704efb5_4
Received on account from:
Quarter 4, current year fill in the blank 3e938706704efb5_5
Quarter 1, next year fill in the blank 3e938706704efb5_6
fill in the blank 3e938706704efb5_7
Quarter 2, next year fill in the blank 3e938706704efb5_8
fill in the blank 3e938706704efb5_9
Quarter 3, next year fill in the blank 3e938706704efb5_10
fill in the blank 3e938706704efb5_11
Quarter 4, next year fill in the blank 3e938706704efb5_12
Total cash receipts $fill in the blank 3e938706704efb5_13
$fill in the blank 3e938706704efb5_14

Answers

The Cash sales and credit sales for each quarter:

Quarter 3, current year: Cash sales = $556,000, Credit sales = $5,004,000

Quarter 4, current year: Cash sales = $713,000, Credit sales = $6,417,000

Quarter 1, next year: Cash sales = $479,000, Credit sales = $4,311,000

Cash Receipts Budget for Shalimar Company:

Quarter 1:

Cash sales = $479,000

Received on account from Quarter 4, current year = $713,000

Total cash receipts = $1,192,000

Quarter 2:

Cash sales = $568,000

Received on account from Quarter 1, next year = $4,311,000

Total cash receipts = $4,879,000

Quarter 3:

Cash sales = $529,000

Received on account from Quarter 2, next year = $5,112,000

Total cash receipts = $5,641,000

Quarter 4:

Cash sales = $788,000

Received on account from Quarter 3, next year = $4,761,000

Total cash receipts = $5,549,000

Revised Cash Receipts Budget considering 10% of credit sales never collected:

Quarter 1:

Cash sales = $479,000

Received on account from Quarter 4, current year = $641,700

Total cash receipts = $1,120,700

Quarter 2:

Cash sales = $568,000

Received on account from Quarter 1, next year = $3,879,900

Total cash receipts = $4,447,900

Quarter 3:

Cash sales = $529,000

Received on account from Quarter 2, next year = $4,600,400

Total cash receipts = $5,129,400

Quarter 4:

Cash sales = $788,000

Received on account from Quarter 3, next year = $4,285,100

Total cash receipts = $5,073,100

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QUESTION TWO [30]
There is no one single information system that will satisfy all the needs of an
organisation. At first glance, it can be difficult to comprehend all the different
systems in a business, and even more difficult to understand how they relate to
one another.
With regards to the above information, discuss the role, concept and purpose of each of the different information systems that serve different management groups.
QUESTION THREE [30]
3.1 Assess the impact of information system on an organisations resistance to change. (30)

Answers

In any organization, there are multiple information systems that serve different management groups and fulfill specific roles, concepts, and purposes. Let's discuss some of the common information systems and their relevance to different management groups:

Transaction Processing Systems (TPS): TPS is designed to process and record day-to-day transactions such as sales, purchases, and inventory management. It provides operational data to front-line managers who require real-time information to make tactical decisions. TPS ensures the smooth functioning of routine business activities and supports operational management.

Management Information Systems (MIS): MIS collects, processes, and summarizes data from various sources to generate reports and provide information to middle managers. These systems focus on producing regular and ad-hoc reports, performance metrics, and key performance indicators (KPIs) to aid in decision-making, planning, and control at the managerial level.

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Someone says the following: "Lifestyle may be the most important
determinant of health status, but changing lifestyles may not be
the least costly way to improve population health status." Explain

Answers

The statement is highlighting the importance of lifestyle in determining one's health status, which can include factors such as diet, physical activity, smoking, and alcohol consumption. While lifestyle choices have a significant impact on an individual's health, changing these behaviors may not always be the most cost-effective way to improve population health status.

For instance, implementing public health programs that focus on preventive measures such as vaccination, health screenings, and disease management initiatives may be more effective and efficient in improving overall population health than trying to change individual lifestyles. These programs can help detect and treat illnesses early on, reducing the need for costly treatments or hospitalizations later down the line.

Additionally, changing behavior can be a challenging and complex process that requires significant resources, both time and money. Therefore, policymakers and healthcare providers must consider multiple strategies and approaches to improving health outcomes, rather than just focusing on lifestyle changes alone. It's important to note that lifestyle modifications are still crucial for maintaining good health, but they may not always offer the most cost-effective solution for broader population health improvements.

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Lakers Industries purchased a machine from Clippers Corporation on October 1, 2021. In payment for the $146,000 purchase, Lakers issued a one-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 18%. Monthly installment payments are closest to: (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.)

Multiple Choice

$26,280.


$13,385.


$12,167.


$14,497

Answers

We can utilise the Present Value of an Ordinary Annuity (PVA) component from the provided tables to determine the monthly installment payments. We must determine the monthly payments given the $146,000 purchase price, the 18% interest rate, and the one-year term of the installment note.

The present value of equal monthly payments over a certain period is determined using the PVA factor. The PVA factor in this situation can be used to determine the equal monthly payments necessary to pay back the $146,000 loan over the course of a year. The presented tables show the PVA factor to be roughly 0.86208 for a one-year term at an interest rate of 18%. The monthly installment payment is calculated using a PVA factor divided by the loan amount: Monthly installment payment: $169,495 ($146,000 x 0.86208). Therefore, $13,385 is the option that comes closest to the monthly installment payment.

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Project L requires an initial outlay att =0 of $40,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 10\%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. _________-%

Answers

The project's MIRR is 11.28%. MIRR stands for Modified Internal Rate of Return and it calculates the rate of return of an investment while considering the cost of capital and reinvestment rate of the cash flows.

Given that, the initial outlay of Project L is $40,000. The expected cash inflows are $8,000 per year for 9 years and the WACC is 10%. Therefore, the MIRR of Project L can be calculated as follows:-

Step 1: Calculate the present value of cash inflows and outflows using the formula as follows: PV = CF / (1 + r)n Where, PV is the present value, CF is the cash inflow/outflow, r is the discount rate, and n is the time period.

In this case, CF = -$40,000 (outflow) and CF = $8,000 (inflow) for 9 years.n = 1, 2, 3, ..., 9 r = WACC = 10%

Using the formula, we get:=

PV of outflow = $40,000 PV of inflows = $53,463.34

Step 2: Calculate the terminal value of cash inflows and outflows using the formula as follows:TV = CF (1 + g)n Where, TV is the terminal value, CF is the last cash inflow, r is the reinvestment rate, g is the growth rate, and n is the time period.In this case, CF = $8,000, g = MIRR, and r = WACC = 10%

Using the formula, we get:=

TV of inflows = $95,262.04

Step 3: Calculate the MIRR using the formula as follows:=

PV (negative) + TV (positive) = 0PV / (1 + IRR)n + TV / (1 + IRR)n = 0

Using the formula, we get:=

MIRR = 11.28% (rounded to two decimal places)Therefore, the project's MIRR is 11.28%.

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Australian Securities Exchange (ASX) is an example of: Select
one: A. All of the above. B. Financial intermediaries. C.
Regulatory intermediaries. D. Information intermediaries.

Answers

The main answer is: D. Information intermediaries.

The Australian Securities Exchange (ASX) primarily serves as an information intermediary. As a stock exchange, its main function is to facilitate the buying and selling of securities such as stocks and bonds. It provides a platform where buyers and sellers can come together to trade these financial instruments. The ASX acts as a marketplace where information about listed companies, their financial performance, and other relevant data is made available to investors. This information is crucial for investors to make informed decisions about buying or selling securities.

The ASX also plays a role in ensuring transparency and fairness in the market. It has listing rules and regulations that companies must comply with to be listed on the exchange. These rules aim to provide accurate and timely information to investors, promoting market integrity and investor confidence. The exchange also regulates trading activities to prevent fraud and market manipulation.

While the ASX does have some elements of financial intermediation, such as providing a platform for trading and facilitating transactions, its primary function is to serve as an information intermediary. It enables the flow of information between companies and investors, allowing investors to make informed decisions based on the available data.

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Read Case 25: Procter & Gamble and use the following discussion prompts to complete the case analysis.
Create a thread to start:
Assess leadership at Procter and Gamble. What were the major organizational changes leadership made at P&G, and what challenges does the current leadership face now? What intangible resources does P&G have that can be used to enact strategies? What competitive strategy do these resources best support now? Please post your discussion and comment on two of your peers. You will be able to see other posts only when you have posted yours

Answers

Case analysis of Procter & Gamble (P&G)The paper aims to discuss the Procter & Gamble (P&G) case analysis by focusing on the organizational changes, leadership, intangible resources, and competitive strategies. Procter & Gamble (P&G) is an American multinational consumer goods corporation founded in 1837 with headquarters in Cincinnati, Ohio, USA. It manufactures various products like health care, beauty, and grooming products.

The organization has gone through significant organizational changes in terms of leadership, organizational culture, and growth. It is essential to evaluate the leadership, organizational changes, and the challenges of current leadership at P&G. Leadership at Procter and Gamble P&G is known for its outstanding leadership that has led to its success.

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tratosphere Wireless is examining its cash conversion cycle. The company expects its cost of goods sold, which equals 80 percent of sales, to be 360,000 this year. Stratosphere normally turns over inventory 20 times per year; accounts receivable is turned over 15 times per year, and the a ayatle tumover is 40 . Assume there are 360 days in a year. a. Calculate the cash conversion cycle. Round your answer to the nearest whole number. days b. Calculate the average balances in accounts receivable, accounts payable, and inventory. Round your answers to the nearest dollar. Accounts receivable: $ Accounts payable: $ Inventory: $

Answers

The cash conversion cycle measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

a. First, let's calculate the average age of inventory. The inventory turnover ratio is given as 20 times per year. Since there are 360 days in a year, we can divide 360 by 20 to find the average number of days it takes for inventory to turn over. This is 18 days. b. Next, let's calculate the average collection period for accounts receivable. The accounts receivable turnover ratio is given as 15 times per year. Again, dividing 360 by 15 gives us an average collection period of 24 days. c. Finally, let's calculate the average payment period for accounts payable. The accounts payable turnover ratio is given as 40 times per year. Dividing 360 by 40 gives us an average payment period of 9 days.

Now, to calculate the cash conversion cycle, we add the average age of inventory (18 days) to the average collection period for accounts receivable (24 days), and then subtract the average payment period for accounts payable (9 days). Cash Conversion Cycle = Average age of inventory + Average collection period for accounts receivable - Average payment period for accounts payable Cash Conversion Cycle = 18 days + 24 days - 9 days Cash Conversion Cycle = 33 days

So, the cash conversion cycle for Stratosphere Wireless is 33 days.
To calculate the average balances in accounts receivable, accounts payable, and inventory, we can use the following formulas:
Average Accounts Receivable = (Cost of Goods Sold / Accounts Receivable Turnover) * 360 Average Accounts Payable = (Cost of Goods Sold / Accounts Payable Turnover) * 360 Average Inventory = (Cost of Goods Sold / Inventory Turnover) * 360

Plugging in the given values, we can calculate the average balances:
Average Accounts Receivable = (360,000 / 15) * 360 = $2,592,000
Average Accounts Payable = (360,000 / 40) * 360 = $324,000
Average Inventory = (360,000 / 20) * 360 = $648,000
Therefore, the average balances are:
Accounts Receivable: $2,592,000
Accounts Payable: $324,000
Inventory: $648,000

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Explain in your own words Differentiate between Ethical Issues in the Global Business Environment and Business Challenge in a Global Environment. Explain Government’s Regulatory Influences on Business! Provide several examples of Interaction of Business, Government, and the Public!

Answers

Ethical issues in the global business environment pertain to moral dilemmas and controversies that arise in the context of conducting business globally. On the other hand, business challenges in a global environment refer to the obstacles and difficulties faced by organizations when operating across borders. The government's regulatory influences on business involve the rules, laws, and policies implemented by governments to regulate business activities. The interaction of business, government, and the public occurs through various means, such as public policy formulation, regulatory compliance, public-private partnerships, and lobbying efforts.

Ethical issues in the global business environment revolve around questions of moral responsibility, fairness, and sustainability in international business practices. These issues can include labor rights violations, environmental pollution, bribery and corruption, supply chain ethics, and cultural sensitivity. Business challenges in a global environment, on the other hand, are the hurdles that organizations face when operating across different countries, such as cultural differences, legal and regulatory compliance, language barriers, market competition, and political instability.

The government's regulatory influences on business are manifested through laws and regulations that govern various aspects of business operations, such as labor laws, trade policies, taxation, intellectual property rights, environmental regulations, and consumer protection measures. Governments aim to create a fair and conducive business environment, ensure public welfare, and promote economic development through these regulations.

The interaction between business, government, and the public is multifaceted. For example, governments formulate public policies that impact business operations and social welfare. Businesses are required to comply with government regulations and policies, while also engaging in lobbying efforts to influence policy decisions. Public-private partnerships may be formed to address social or environmental issues collaboratively. The public, as consumers and stakeholders, influences businesses through purchasing decisions, public opinion, and activism, while governments are accountable to the public in shaping regulations and policies that reflect societal interests.

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Which three facets of job satisfaction are most closely related to overall job satisfaction, according to our text and classroom discussion? the work itself, coworkers, supervisors autonomy, feedback, supervisors coworkers, pay and benefits, development opportunities pay, work, and benefits promotion opportunities, pay, benefits Question 2 7.5 pts The scientific method requires that theories be used as a basis for WAGS intuitions verification hypotheses causation creative thinking Question 3 7.5 pts We learned in class that the O ∗
Net is an online source of OB information an online source of job information that is useful but not for job descriptions an online source of job information created by a wiki format with multiple sources adding information an online source of job information that can be helpful for developing job descriptions an online network to do background checks on applicants

Answers

According to the information provided, the three facets of job satisfaction that are most closely related to overall job satisfaction are:

The work itself

Coworkers

Supervisors

The work itself: Job satisfaction is influenced by the nature of the work, including the tasks, responsibilities, and challenges involved. When individuals find their work meaningful, engaging, and aligned with their interests and values, it positively impacts their overall job satisfaction.

Coworkers: The relationships and interactions with coworkers play a significant role in job satisfaction. Supportive and positive relationships with colleagues can contribute to a sense of camaraderie, teamwork, and a pleasant work environment, which can enhance overall job satisfaction.

Supervisors: The quality of the relationship with supervisors and the leadership style of supervisors also impact job satisfaction. A supportive and effective supervisor who provides guidance, feedback, and opportunities for growth and development can contribute to higher levels of job satisfaction among employees.

It's important to note that while other factors such as autonomy, feedback, pay and benefits, development opportunities, promotion opportunities, etc., can also influence job satisfaction, the three facets mentioned above are specifically highlighted as being closely related to overall job satisfaction based on the information provided.

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while taking the application, the applicant mentions a new car
loan. the payment is $525 a month but does not show on the credit
report. the borrower also mentions that he was court ordered last
week

Answers

A loan refers to a financial transaction where one party, typically a lender or a financial institution, provides a specific amount of money or assets to another party, known as the borrower. The borrower agrees to repay the loan over a predetermined period, usually with interest or other specified fees.

If the applicant mentions a new car loan with a payment of $525 per month that does not appear on their credit report, it could indicate a couple of possibilities:

1. Timing: It's possible that the car loan is relatively new, and the information hasn't yet been reported to the credit bureaus. Creditors typically report loan information periodically, so if the loan is recent, it may not show up on the credit report immediately.

2. Reporting discrepancy: Occasionally, there may be discrepancies or errors in the reporting process, resulting in the loan not appearing on the credit report. It could be a mistake made by the lender or a delay in reporting the loan details.

Regarding the court order mentioned by the borrower, it's unclear what the court order is for based on the information provided. Court orders can vary in nature, ranging from child support or alimony obligations to legal judgments. Without more specific details, it's difficult to provide further insights.

In any case, when assessing a loan application, lenders typically consider various factors, including the applicant's income, credit history, debt-to-income ratio, and overall financial stability. While a missing car loan on the credit report might not be immediately evident, lenders may request additional documentation to verify the borrower's claims and assess their financial situation more accurately.

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Suppose France needs 5 units of labor to produce 1 unit of cheese (C), and 3 units of labor to produce 2 units of wine (W). Spain needs 6 units of labor to produce 1 unit of cheese, and 4 units of labor to produce 5 units of wine. Assume the marginal productivities of labor are constant in each country. Assume both countries have populations of 45 million.
France has a Cobb-Douglas utility function of U(C,W)=C.4W.6,making its MUc=.4(W/C).6 and MUw=.6(C/W).4.
Spain has a Cobb-Douglas utility function of U(C,W)=C.6W.4,making its MUc=.6(W/C).4 and MUw=.4(C/W).6.
Throughout the problem, treat Cheese as the good on the X-axis. To make your notation easier, your numbers should be in millions of units when necessary. That is, if the answer to a question is "5 million units," then write down just "5." Finally, to facilitate grading, ANSWER IN ORDER AND CIRCLE YOUR ANSWERS.

Answers

France has a comparative advantage in producing Cheese, while Spain has a comparative advantage in producing Wine.

Comparative advantage is when a country can produce a particular good or service at a lower opportunity cost than another country. In this case, France has a comparative advantage in producing Cheese, as it requires fewer units of labor to produce one unit of Cheese than Spain does. In contrast, Spain has a comparative advantage in producing Wine, as it requires fewer units of labor to produce one unit of Wine than France does.

Both countries have populations of 45 million, and the marginal productivities of labor are constant in each country. Additionally, France has a Cobb-Douglas utility function of U(C, W) = C.4W.6,

while Spain has a Cobb-Douglas utility function of U(C, W) = C.6W.4.

The marginal utility of Cheese (MUc) and the marginal utility of Wine (MUw) can be calculated from these utility functions. Finally, treating Cheese as the good on the X-axis, France has a comparative advantage in producing Cheese, while Spain has a comparative advantage in producing Wine.

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which type of rocks are produced from deposition of particles

Answers

The type of rocks that are produced from the deposition of particles are called sedimentary rocks.

Sedimentary rocks are formed through the accumulation and compaction of sediments, which are particles derived from the weathering and erosion of pre-existing rocks. These sediments can include fragments of rocks, minerals, organic matter, and other debris that settle and accumulate in layers over time. With the pressure of overlying layers and the process of cementation, these sediments become compacted and solidified to form sedimentary rocks. Examples of sedimentary rocks include sandstone, limestone, shale, and conglomerate.

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A long-term relationship between a borrower and a financial institution, based upon reputation and trust is:
a.Leverage contract
b.External contract
c.Implicit contract
d.Collateral contract

Answers

The answer to the given question is an implicit contract. An implicit contract is a type of unwritten agreement between two parties to perform specific actions. It is not an official agreement; it is a tacit understanding between two parties.

A long-term relationship between a borrower and a financial institution based on reputation and trust is called an implicit contract. The agreement is usually based on a long-standing relationship between the two parties. This contract has unwritten terms that both parties are expected to follow.

It can also be referred to as a "gentleman's agreement."The other options, i.e., leverage contract, external contract, and collateral contract, are incorrect. A leverage contract is a contract that outlines the terms of a loan and its repayment. An external contract is a legal agreement that outlines the terms of a transaction between two parties. A collateral contract is a type of contract that provides security for a loan.

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Explain, with the aid of a graph, the impact of an increase in SA’s ability to receive
ultra-large vessels on the supply of transport.
(Note: Five marks for the graph and five marks for the explanation of the impact)

Answers

The graph would illustrate the relationship between SA's ability to receive ultra-large vessels and the supply of transport.

On the x-axis, we would have the increasing ability of SA to receive ultra-large vessels, ranging from low to high. On the y-axis, we would represent the supply of transport, measured in terms of quantity or capacity.

Initially, with a low ability to receive ultra-large vessels, the supply of transport would be limited. As the ability to receive such vessels increases, the supply of transport would also increase. This is because ultra-large vessels have higher carrying capacities, allowing for the transportation of larger volumes of goods and cargo.

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Xenex Inc., a supplier of hospital room disinfection systems, has a cost of capital of 12 percent. To fairly evaluate projects and adjust for risk, it adds or subtracts 2 percentage points to the discount rate. Currently, two mutually exclusive projects are under consideration. Both have a cost of $200,000 and will last four years. Neither project is projected to generate positive cash flows and thus both are evaluated on the basis of costs. However, Project A is judged to be a riskier-than-average project but Project B is determined to a lower than average risk investment.

In which project should Xenex invest its capital?

Answers

Xenex Inc. should invest its capital in Project B since it is the better investment option.

Given that Xenex Inc. has a cost of capital of 12% and adjusts for risk by adding or subtracting 2 percentage points to the discount rate, it means the discount rate for a higher-risk project is 14%, and for a lower risk investment, it's 10%.

Projects A and B are both mutually exclusive, and neither is projected to generate positive cash flows. Both projects have a cost of $200,000 and will last for four years. Both projects are evaluated based on their costs.

The riskier project (Project A) should have a higher discount rate of 14%, and the less risky project (Project B) should have a lower discount rate of 10%. The net present value (NPV) of each project is then determined by discounting the projected cash outflows at the applicable discount rate.

Project A's NPV at a 14% discount rate = -$128,913.91

Project B's NPV at a 10% discount rate = -$116,944.44

Since both projects are evaluated on the basis of costs, the project with the lower NPV is the better investment option, which is Project B.

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Pet Food Company bonds pay an annual coupon rate of 7.02 percent. Coupon payments are paid semiannually. Bonds have 11 years to maturity and par value of $1,000. Compute the value of Pet Food Company bonds if the market interest rate on this type of bond is 11.60 percent.

Round the answer to two decimal places.

Your Answer:

Answers

Given data:-

Bond annual coupon rate = 7.02% Semi-annual coupon rate = 7.02%/2 = 3.51% Bond years to maturity = 11 years Par value of the bond = $1000 Market interest rate = 11.60%.

We can use the formula of the present value of a bond to compute the value of the Pet Food Company bonds.

PV = C[1 - (1 + r/2)^-n] / (r/2) + FV / (1 + r/2)^n Where, PV is the present value C is the semi-annual coupon payment . FV is the face value or par value of the bond n is the number of coupon payments r is the semi-annual interest rate. The semi-annual coupon payment (C) can be calculated as follows:-

C = (Annual coupon rate × Par value) / number of coupon payments per year= (7.02% × $1000) / 2= $35.10 Hence, the semi-annual coupon payment is $35.10. The total number of coupon payments (n) is 11 years × 2 = 22. The semi-annual interest rate (r) is 11.60% / 2 = 5.80%. Now, let’s substitute these values into the formula and compute the present value of the bond. PV = C[1 - (1 + r/2)^-n] / (r/2) + FV / (1 + r/2)^n PV = 35.1[1 - (1 + 5.80%/2)^-22] / (5.80%/2) + $1000 / (1 + 5.80%/2)^22PV = $674.87 ( approx).

Therefore, the value of the Pet Food Company bond is $674.87 if the market interest rate on this type of bond is 11.60%.Hence, the answer is $674.87.

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Which of the following is a typical financing activity?
a) purchasing another company’s shares
b) paying dividends
c) purchasing property, plant or equipment
d) paying interest expense

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Out of the given options, paying interest expense is a typical financing activity.Financing activities are transactions or activities a company undertakes to secure funding for its operations and investment activities.

Companies can raise money by issuing stocks, bonds, or other securities, as well as borrowing money from banks or other lenders.A company's balance sheet must be organized and its financial statements prepared correctly to account for any funds obtained or paid during these financing activities. Any financial statements or reports that a company prepares must include details of all financing activities undertaken by the company.

According to the given options, purchasing another company’s shares and paying dividends are examples of investing activities. Purchasing property, plant or equipment, on the other hand, is an example of an operating activity. Therefore, paying interest expense is a typical financing activity.

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What does a point underneath the production possibility frontier indicate? o unattainable with current resources o inefficient in that not all resources are being used o the equilibrium output combination o technically efficient

Answers

The point underneath the production possibility frontier indicates that the output combination is inefficient in that not all resources are being used. Hence, it is known as option d) technically inefficient.

The production possibility frontier (PPF) is a graphical representation of all the possible combinations of two goods that can be produced using all of the resources available in the economy. The PPF shows the maximum amount of one good that can be produced for each possible amount of the other good produced. The points on or inside the PPF are all technically feasible but only those on the PPF are efficient and optimal. The points outside the PPF are unattainable with current resources.

At points on the PPF, all resources are being fully and efficiently used whereas at points inside the PPF, resources are not being fully utilized. The point underneath the production possibility frontier indicates that the output combination is inefficient in that not all resources are being used; this implies that the economy can produce more of one good without sacrificing the production of another good.

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take an important confounder into account, you may: O Underestimate the effect of the exposure on the outcome Overestimate the effect of the exposure on the outcome Underestimate the risk of the outcome in the population Overestimate the risk of the outcome in the population O None of the above Question 32 1 pts You are an epidemiologist studying the impact of obesity (exposure) on risk of heart attack (outcome). Your work shows you that obesity raises blood pressure because the heart has to work harder to pump blood in larger bodies. Your work also shows you that the strain of high blood pressure on the heart increases the risk of heart attack in obese people. This information tells you that high blood pressure is a confounder in the relationship between obesity and heart attack. This information tells you that high blood pressure is an effect modifier of the relationship between obesity and heart attack. This information tells you that high blood pressure is a mediator in the relationship between obesity and heart attack. This information tells you that high blood pressure is causes obesity

Answers

If you take an important confounder into account , you may either underestimate or overestimate the effect of the exposure on the outcome. Hence, the correct option is: Underestimate the effect of the exposure on the outcome or overestimate the effect of the exposure on the outcome.

In the given scenario, the information tells us that high blood pressure is a confounder in the relationship between obesity and heart attack. Confounding occurs when an extraneous variable is associated with both the exposure and outcome. In this case, high blood pressure is a confounding variable because it is associated with both obesity and heart attack.

The confounding variable can either underestimate or overestimate the effect of the exposure on the outcome. Therefore, taking high blood pressure as a confounder into account, we must carefully analyze the data to correctly determine the impact of obesity on heart attacks.

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What is meant by the "buyer decision process"? Explain the
process, relate it to an individual’s purchase of a new digital
camera?

Answers

The buyer decision process is a cognitive process that buyers go through before making a purchase.

The buyer decision process is a cognitive process that a buyer goes through before making a purchase. It consists of five stages, which include problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation.

The first stage of the buyer decision process is problem recognition. The buyer realizes that they have a problem or need that requires a solution, such as needing a new digital camera. In the information search stage, the buyer gathers information about various digital camera options by reading reviews, asking friends for recommendations, and searching online.

In the evaluation of alternatives stage, the buyer compares various digital camera options based on their needs and preferences. They evaluate features such as image quality, battery life, and price. In the purchase decision stage, the buyer decides which digital camera to purchase based on the evaluation of alternatives. In the post-purchase evaluation stage, the buyer evaluates their satisfaction with their purchase. If they are satisfied, they may become a repeat customer in the future.

In conclusion, the buyer decision process is a cognitive process that buyers go through before making a purchase. An individual’s purchase of a new digital camera involves problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation.

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With the government set maximum rent of $1,600, consumer surplus is

Answers

It is difficult to estimate the consumer surplus with a fixed maximum rent without knowing the equilibrium price of rent.

Consumer surplus is the difference between the amount that consumers are willing to pay for a product and the actual price that they pay. With the government set maximum rent of $1,600, consumer surplus will depend on the equilibrium price of rent and how much consumers are willing to pay for rent.

If the equilibrium price of rent is higher than the government set maximum rent of $1,600, consumers will experience a consumer surplus as they will be able to pay less than the equilibrium price. On the other hand, if the equilibrium price of rent is lower than the government set maximum rent of $1,600, the consumer surplus will be zero as consumers will have to pay the same or more than the equilibrium price.

Therefore, the consumer surplus with the government set maximum rent of $1,600 will depend on the equilibrium price of rent, which will vary depending on market factors such as supply and demand. In conclusion, it is difficult to estimate the consumer surplus with a fixed maximum rent without knowing the equilibrium price of rent.

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Read Mini-case at the end of Chapter 6: Walt Disney Company Corporate Strategy and answer the following questions.
1. What is economies of scope? How does it work at Disney to lower its overall costs?
2. What corporate diversification strategy is being pursued by Disney? What evidence do you have to support your position?
3. Given its diversification approach, what are some things that Disney can do to further deal with the trend toward cord-cutting and competition from other companies such as Netflix, Amazon, etc.?

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1. Economies of scope at Disney are achieved through cross-promotion and shared resources, leading to cost savings.

2. Disney is pursuing a related diversification strategy, evident from its acquisitions of Pixar, Marvel, and Lucasfilm.

3. To deal with cord-cutting and competition, Disney can invest in streaming platforms, embrace digital transformation, and focus on original content.

1. Economies of scope refer to cost savings or efficiencies that result from the production of multiple products or services within the same company. At Disney, economies of scope are achieved through cross-promotion and shared resources. By leveraging its diverse portfolio of entertainment properties, Disney can lower its overall costs in the following ways:

Cross-promotion: Disney can promote its various brands, movies, and TV shows through its different platforms, such as theme parks, television networks, and merchandise. This cross-promotion increases the exposure and popularity of its offerings, leading to higher revenues and cost savings in marketing and advertising expenses.

2. Disney is pursuing a related diversification strategy, where it expands into businesses that are related or complement its core entertainment and media operations. Evidence supporting this strategy includes:

Acquisition of Pixar Animation Studios: This acquisition expanded Disney's capabilities in animated film production, complementing its existing animation division and strengthening its position in the family entertainment market.

Acquisition of Marvel Entertainment: By acquiring Marvel, Disney diversified into the superhero genre, leveraging the popularity of Marvel characters and expanding its audience base.

Acquisition of Lucasfilm: The acquisition of Lucasfilm provided Disney with the iconic Star Wars franchise, broadening its portfolio of intellectual properties and enhancing its presence in the science fiction genre.

3. Invest in Streaming Platforms: Disney has already launched its streaming service, Disney+, to directly compete with platforms like Netflix. It can continue to invest in and enhance its streaming offerings, providing exclusive content and leveraging its vast library of entertainment properties.

Embrace Digital Transformation: Disney can further embrace digital technologies and expand its digital distribution channels to reach a wider audience. This includes expanding its presence on social media platforms, investing in personalized and targeted marketing strategies, and leveraging data analytics to understand consumer preferences better.

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How the COVID-19 crisis could change the country Australia - health care systems, government debt, and stakeholder capitalism

research and make a assignment on given questions acc. to given headline

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The COVID-19 crisis has had a major impact on Australia, affecting several aspects of the country including health care systems, government debt, and stakeholder capitalism. This crisis has highlighted the importance of having an efficient and well-funded health care system.



Health care systems:

The COVID-19 crisis has exposed the weaknesses of the Australian health care system, particularly in terms of the availability of medical supplies, equipment, and personnel. The sudden surge in patients requiring treatment has overwhelmed hospitals and healthcare facilities, highlighting the need for a more efficient and well-funded system. The government has responded to this crisis by investing in additional resources, including the procurement of essential medical supplies and the hiring of more healthcare workers.

Government debt:

The economic downturn caused by the COVID-19 crisis has led to a significant increase in government debt, as they try to support businesses and individuals who have been impacted by the pandemic. This increase in debt has raised concerns about the long-term sustainability of the country's finances, and how it will impact future generations. However, the government has argued that the current situation requires extraordinary measures to support the economy and ensure that people do not fall into poverty.

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The next dividend payment by Hoffman, Inc., will be $2.50 per share. The dividends are anticipated to maintain a growth rate of 5.75 percent forever. Assume the stock currently sells for $48.60 per share.
a.
What is the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b.What is the expected capital gains yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a.Dividend yield%b.Capital gains yield%

Answers

a)The dividend yield is approximately 5.14%.

b)The expected capital gains yield is approximately 20.34%.

a. The dividend yield can be calculated by dividing the annual dividend per share by the current stock price and multiplying by 100 to express it as a percentage. In this case:

Dividend Yield = (Dividend per share / Stock price) * 100

Given that the dividend per share is $2.50 and the stock price is $48.60:

Dividend Yield = ($2.50 / $48.60) * 100 ≈ 5.14%

Therefore, The dividend yield is approximately 5.14%.

b. The expected capital gains yield can be calculated as the difference between the expected future stock price and the current stock price, divided by the current stock price, and then multiplied by 100 to express it as a percentage. The expected future stock price can be estimated using the constant growth rate model for dividends.

Expected Capital Gains Yield = [(Expected Future Stock Price - Current Stock Price) / Current Stock Price] * 100

The constant growth rate model can be used to estimate the expected future stock price:

Expected Future Stock Price = Dividend per share / (Required Rate of Return - Dividend Growth Rate)

Given that the dividend per share is $2.50 and the dividend growth rate is 5.75%, we need the required rate of return to calculate the expected future stock price. Since the required rate of return is not provided, let's assume it to be 10% for illustration purposes.

Expected Future Stock Price = $2.50 / (0.10 - 0.0575) ≈ $58.48

Now we can calculate the capital gains yield:

Expected Capital Gains Yield = [($58.48 - $48.60) / $48.60] * 100 ≈ 20.34%

Therefore, the expected capital gains yield is approximately 20.34%.

The dividend yield for Hoffman, Inc. is approximately 5.14%, while the expected capital gains yield is approximately 20.34%.

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Blue, Inc., receives its support from the following sources.
Governmental unit A for services rendered $18,000
General public for services rendered 25,000
Gross investment income 8,000
Contributions from individual disqualified persons 19,000
Which of the following statements is correct?
Blue is not a private foundation because it satisfies both the external support test and the internal support test.
Blue is a private foundation because it satisfies both the external support test and the internal support test.
.Blue is a private foundation because it satisfies the external support test and fails the internal support test.

Answers

The correct option is C. Blue, Inc. is a private foundation as it satisfies the external support test and fails the internal support test.

Blue, Inc. is an organization that receives support from several sources. From the information given, it's clear that the organization receives support from Governmental unit A, the general public, gross investment income, and individual disqualified persons. In terms of the foundation status of Blue, Inc., it's considered a private foundation due to the sources of support it receives. Blue, Inc. is considered a private foundation as it fails the internal support test and satisfies the external support test. Internal support is received from a select group of donors that includes managers, officers, and directors of the foundation. The external support test involves calculating the percentage of support received from donors that are not part of the select group of donors mentioned above. Therefore, the failure of the internal support test indicates that the support received from the select group of donors is too high, and as a result, the organization's sources of support are too limited.

Calculation steps:  For the external support test calculation, the sum of government support, public support, and contributions from other donors not disqualified persons is divided by the sum of total support. In this case, External support test = ($18,000 + $25,000)/ ($18,000 + $25,000 + $8,000 + $19,000).

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Consider a closed economy with a gross domestic product (Y) of 800, consumption expenditure (C) of 500, government expenditure (G) of 100 and tax revenues (T) of 190. The figures are in billions of dollars. Suppose the investment expenditure function is I = 300-50r, where r is the real interest rate expressed as a percentage. (Total marks = 12) a) State the equation between Y and the three components of expenditure. b) Calculate private saving (Sp), public saving (Sg), and national saving (S). c) Calculate investment (I). d) Calculate the equilibrium real interest rate and quantity of loanable funds. e) If the government ran a budget deficit of $30 billion in the next period, explain how this would affect the market for loanable funds. FCON 218

Answers

The equilibrium real interest rate is obtained by equating the saving and investment function. S = IS p + Sg = I110 + 90 = 300 - 50r200 = 50r  r = 4%The quantity of loanable funds available for investment is given by I = 200.

Calculation of private saving (S p), public saving (Sg), and national saving (S)Private savings can be calculated by the equation S p = Y - T - C. Sp = 800 - 190 - 500 = $110 billion Public savings can be calculated as Sg = T - G. Sg = 190 - 100 = $90 billion The national savings can be calculated as S = S p + Sg. S = 110 + 90 = $200 billion. c) Calculation of investment (I)The given investment expenditure function is I = 300-50r where r is the real interest rate expressed as a percentage. Substituting r = 5 in the above function, we get I = 300 - 50(5) = $50 billion Therefore, the value of investment is $50 billion. d) Calculation of the equilibrium real interest rate and quantity of loanable funds The total amount of funds available for investment (loanable funds) is equal to S = I.

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What are some of the standards (or impact categories) by which we can assess this public policy? Are there any others that could be used? (*Hint: this can be ascertained by looking at some of the dependent variables. The effect of the change in minimum wage policy on Y). Based on this policy solution, create a goals/alternative matrix for the minimum wage policy.

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Some of the standards or impact categories that can be used to assess public policy include economic impact, social impact, and environmental impact.

In the context of minimum wage policy, some specific dependent variables that can be considered are employment rates, income inequality, poverty levels, and overall economic growth. These variables can help evaluate the effectiveness and consequences of the policy.

Apart from these standards, other potential criteria that could be used to assess minimum wage policy include worker productivity, inflation rates, business profitability, and labor market competitiveness.

To create a goals/alternative matrix for the minimum wage policy, you would typically list the various policy alternatives or approaches in rows and the goals or impact categories in columns. Then, you would assess and rate each alternative based on its performance or impact on each goal or category. This matrix helps to compare and evaluate the different policy options based on their effectiveness in achieving the desired outcomes.

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What is an argument against continuing to increase Japan's debt burden? Fiscal hawks make the moral argument that all debts must, eventually, be repaid. The government has 500 trillion yen of borrowed money that in effect carries no interest and never has to be paid back Fiscal hawks need to consider the negative consequences that Covid-19 brought to the Japanese working class. If long-term interest rates move sharply higher, compared to other countries, Japan is likely to experience a fiscal crisis as the government does not collect enough taxes to service its debt burden (to pay the bonds' interest expense)

Answers

Policymakers should carefully balance the need to address Japan's debt burden with the potential negative consequences of doing so.

An argument against continuing to increase Japan's debt burden is the potential for a fiscal crisis if long-term interest rates move sharply higher compared to other countries.

Despite the fact that Japan's government has borrowed a significant amount of money that carries no interest and does not need to be repaid, the country's ability to service its debt remains dependent on its ability to collect taxes. If long-term interest rates rise, Japan may face difficulty in servicing its debt due to the increased cost of borrowing, potentially leading to a fiscal crisis.

Furthermore, while fiscal hawks may argue that all debts must eventually be repaid, it is important to consider the negative consequences that such policies may have on the working class. For example, cutting social programs or increasing taxes to pay back debt could disproportionately affect low-income households, exacerbating income inequality and widening the wealth gap.

Therefore, policymakers should carefully balance the need to address Japan's debt burden with the potential negative consequences of doing so. Fiscal responsibility is important, but it should not come at the expense of the well-being of the Japanese people.

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The government is considering constructing a new urban freeway for $500 million. This would save 30 000 commuters 10 000 hours a day (10 minutes each way) for 200 days a year. Suppose that the road can be built in one year, commuters value their travel time savings at $20 per hour and the road has a life of 30 years after year 1 and a residual value estimated at cost at $500 million in year 32. There are no other costs or benefits. i) Would the road provide a net social benefit with a discount rate of 7 per cent? Now suppose that the government charges a road toll of $2.50 each way and that traffic falls to 20,000 commuters twice a day. ii) What would be the financial outcomes using a 7 per cent discount rate? iii) What would be the net social benefit if the remaining commuters had an average value of travel time of $25 per hour?

Answers

i) The road would provide a net social benefit. ii) the financial outcomes using a 7 per cent discount rate is -$462,451.30. iii) The net social benefit  is -$490,665,100.41.

i) To determine whether the road provides a net social benefit, we need to calculate the present value of the benefits and compare it to the present value of the costs.

The benefits include time savings for commuters, while the costs involve the construction and maintenance of the road.

The time savings for commuters can be calculated as follows:

Time savings per day = 30,000 commuters * 10 minutes * 2 (round trip) = 600,000 minutes

Time savings per year = 600,000 minutes * 200 days = 120,000,000 minutes

Time savings per year in hours = 120,000,000 minutes / 60 = 2,000,000 hours

The present value of the time savings can be calculated using the discount rate of 7%:

PV of time savings = 2,000,000 hours * $20 / (1 + 0.07)^1 = $28,169,014.08

The present value of the costs is simply the construction cost of $500 million.

Since the present value of the benefits ($28,169,014.08) exceeds the present value of the costs ($500 million), the road would provide a net social benefit.

ii) If the government charges a toll of $2.50 each way and the traffic falls to 20,000 commuters twice a day, we need to calculate the new time savings and toll revenues.

New time savings per year = 20,000 commuters * 10 minutes * 2 (round trip) * 200 days = 80,000,000 minutes = 1,333,333.33 hours

New toll revenues per year = 20,000 commuters * $2.50 * 2 (round trip) * 200 days = $20 million

The present value of the new time savings can be calculated as follows:

PV of new time savings = 1,333,333.33 hours * $20 / (1 + 0.07)^1 = $18,756,959.91

The present value of the new toll revenues can be calculated as follows:

PV of toll revenues = $20 million / (1 + 0.07)^1 = $18,691,588.79

The present value of the costs remains the same at $500 million.

The net financial outcome can be calculated by subtracting the present value of costs from the sum of the present values of time savings and toll revenues:

Net financial outcome = ($18,756,959.91 + $18,691,588.79) - $500 million = -$462,451.30

iii) If the remaining commuters have an average value of travel time of $25 per hour, we need to adjust the calculations for time savings.

New time savings per year = 10,000 commuters * 10 minutes * 2 (round trip) * 200 days = 40,000,000 minutes = 666,666.67 hours

PV of new time savings = 666,666.67 hours * $25 / (1 + 0.07)^1 = $9,334,899.59

The net social benefit can be calculated by subtracting the present value of costs from the sum of the present values of time savings:

Net social benefit = $9,334,899.59 - $500 million = -$490,665,100.41

With an average value of travel time of $25 per hour, the net social benefit becomes negative, indicating that the road would result in a net social cost.

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This occurs at the end of Year 2.(e) The terminal, or horizon, date is infinity since common stocks do not have a maturity date.B) What is the firm's horizon, or continuing, value? Round your answer to two decimal places. Do not round your intermediate calculations.C) What is the firm's intrinsic value today, P0? Round your answer to two decimal places. Do not round your intermediate calculations. MYChoki Sdn Bhd has unit costs of RM10 for materials and RM30 for conversion costs. If there are 2,500 units in ending work in process, 40% complete as to conversion costs and fully complete as to materials cost, the total cost assignable to the ending work in process inventory is A. RM45,000 OB. RM55,000 OC. RM75,000 2 points D. RM100,000 A process costing system is most appropriate when types of A. a variety of different products are produced, each one requiring different types of materials, labor, and overhead. B. the focus of attention is on a particular job or order. C. similar products are mass-produced. D. individual products are custom made to the specification of customers. t 1 point The valuation of incomplete units at the beginning of a process can be valued using First In First Out (FIFO) method. A. When the opening WIP has a value attached to each cost element. B. When the degree of completion is not given for the opening work in progress. C. When the opening WIP is given with the degree of completion for each cost element but without the value for each cost element. 1 point D. When the opening WIP is not given with the degree of completion and the value of each cost element is not given. Aura Kasih Sdn Bhd applies process costing to cost its output. The following information was obtained for the month of February 2021: Input materials Conversion costs Normal loss Actual losses There were no opening and closing stocks. Determine the cost per unit to the nearest two decimal places. A. RM10.95 B. RM10.77 C. RM10.861 D. RM10.75 A Sarawak Spice Sdn Bhd uses process costing to cost its output. All materials are input at the beginning of the process. The following information relates to the process 1 for the month of January 2021: Input Opening stock Expected losses Closing stock Determine the output of process 1 if the actual losses for that process were 450 units. A. 3,500 units 2.500 kg at RM5 per kg RM13,500 5% of input with scrap value of RM1.60 per kg 100 kg B. 3,150 units C. 3,850 units D. 3,600 units 2 points 3,500 units 350 units 10% of production 250 units A leaders overall style will influence the way they communicate with others. In this module, you learned about varying leadership styles, including transformational and transactional leadership styles. In this course, the journal will be used for reflection. This is a private conversation between you and your instructor, and you are encouraged to deeply explore the concepts presented.PromptRecord a reflective journal video about different styles of leadership and how a leader communicates to varied stakeholders. As an adaptive leader, your communication strategy or style may pivot depending on your audience. You are not required to use sources; however, you can emphasize and support your thinking with resources if you feel it is applicable. Specifically, you will address the following questions:Comparison: How does transactional leadership differ from transformational leadership? Explain.Communication: How do you think each leadership style would approach communication with various stakeholders?Impact: What is the impact if a leader does not recognize the need to adjust their communication based off the audiences needs? Before you read the specifics of this assignment I want to emphasize that you need to start working on it immediately. It is very tempting to put off an assignment that is not due until Week 3 of the class, but I can assure you that you will not be able to do a good job on this assignment if you do not start it now. This is because there are many steps in preparing a Complex Office Legal Memorandum before you actually start writing. For example, you need to examine the facts, identify issues and research the law relating to those issues. Then you have to set aside a substantial amount of time to outline your findings and start the first of the many drafts you will need to complete before you have a quality finished product. I would suggest you print out this page for use during the preparation of the memorandum of law. OK, now on to the assignment! You will be writing a Complex Office Legal Memorandum (see Chapters 16 and 17 of your textbook) based on the fact pattern set out below. The memorandum will be submitted to Eliza B. Law, your supervising attorney. Your law firm is located at 100 University Blvd., Gainesville, FL 32601. She has requested that you examine the facts of the case, identify the issues presented by the facts, research the law relating to those issues, and draft a memorandum for use in the clients case. The memo should include analysis and counter-analysis. She intends to file suit in Florida. The memorandum must be a minimum of seven pages and be supported by extensive citation to legal authority, which means Florida and Federal case law and statutes. Hint: for the 8th Amendment claim, focus your research and analysis on applicable 8th A proportionality issues. FACT PATTERN The client, Patrick Picard, a 20-year-old with no prior criminal history, spray-painted his "tag" after midnight on several of his neighbor's houses, as well as some neighborhood signs. One of his neighbors had permitted him to "tag" his home because he thought his work was art, but it was supposed to be small and on a discreet side. Patrick painted the front of the house. The rest of the neighbors had not given him any permission to "tag" their homes. He also broke some mailboxes and left spray paint cans all over the neighbors' yards. The damage to repaint and replace mailboxes averaged about $1000 per home. He was arrested shortly afterward, and charged with vandalism, a felony violation of the state penal code. The jury convicted Johnson on five counts of vandalism. He was subsequently sentenced to the maximum penalty allowable in the state: 25 years in the state penitentiary as well as a fine of $5,000. Picard's conviction and sentence were upheld by the appeals court, and he now appeals to the state supreme court. Picard argues that the sentence violates his 8th Amendment rights under the U.S. Constitution. For each of the following integrals, give a power or simple exponential function that if integrated on a similar infinite domain will have the same convergence or divergence behavior as the given integral, and use that to predict whether the integral converges or diverges. Note that for this problem we are not formally applying the comparison test; we are simply looking at the behavior of the integrals to build intuition. (To indicate convergence or divergence, enter one of the words converges or diverges in the appropriate answer blanks.) x+1 x+5x+3 da: a similar integrand is so we predict the integral x d: a similar integrand is dx so we predict the integral x+4 fdx : a similar integrand is so we predict the integral x+4 x+3 732733 dx : a similar integrand is so we predict the integral x+2x+3 Identify the type of temperature regulation involved when a person is camping and climbs inside a down sleeping bag to get warm convection evaporation radiation conduction Which is a process used in creating a KPI?Define a statistical measure that will be linked to each of the processes related to the KPIAvoid defining a measurement algorithm for the KPI as a formula to leave room for deviationChoose multiple issues for one KPI to allow the most effective analysisResearch for segments and targets The 2013 White Paper for Post-School Education and Training provides for the establishment of community education and training colleges that targets post-school youth and adults who wish to raise the base for further learning, improve their skills for employability and/or progression to opportunities in the TVET colleges and university education. Government has committed to increase youth and adult involvement in the community education and training to one million by 2030. These colleges will target post-school youth and adults who wish to raise the base for further learning, improve their skills for employability and/or progression to opportunities in the TVET colleges and university education. Community education and training have uncertainties to introduce learning management system. In convincing them, you are expected to present different information systems development/acquisition strategies and associated benefits and cons each would bring to these colleges. You can infer from the passage and your knowledge of history that the south mostly voted If, in a one-tail hypothesis test where H 0 is only rejected in the upper tal, the Z STAT=1.01, what is the statistical decision if the null hypothesis is tested at the 0.10 level of significance? a. Compute the p-value for this test. (Round to the nearest four decimal places to the right of the decimal point.) A. -value =2 (1NORM-S.DIST (1.01,1))=1.688 B. p-value = NORM.S.DIST (1.01,1)=0.1662 C. p-value =2 NORM.S.DIST (1.01,1)=0.3125 D. p-value =1-NORM.S.DIST (1.01,1)=0.8438 b. What is the statistical decision? A. Since the p-value is less than =0.10, reject H 0B. Since the p-value is greater than =0.10, reject H 0C. Since the p-value is greater than =0.10, do not rejoct H 0D. Since the p-value is less than =0.10, do not rejoct H 0 . Pena Limited purchased another vehicle on 1st July 2022 that will only be used for loading purpose. The loading vehicle cost $52000. The delivery vehicle is expected to have a residual value of $12 000. The company estimated the useful life of the delivery vehicle to be 5 years or 200000 kilometers. Assume that the financial year for Pena Limited ends on 30th June 2023. The delivery van was driven 80000 kilometers for the financial year. REQUIRED: Calculate the depreciation expense for the delivery vehicle for the year ending 30th June 2023 using each of the following depreciation methods: i. Diminishing Balance Method ii. Units of Use Method iii. Sum of Digits iv. Straight Line Method| 1 pts The efficient frontier of two risky assets is always _____. Group of answer choices upward sloping dominated by any portfolios inside the frontier not including the minimum-variance portfolio a hyperbola Q2: Choose any one product of a company and analyze the various factors affecting the products demand in the market (Explain at least 10 factors in your own words). Also, suggest different measures to increase the products demand in the market (Explain at least 5 measures).