Karen was 68 years old and in good health. She loved to run and had competed in numerous marathons (26.2 miles) throughout her 40s, 50s and 60s. Recently, her primary care physician had cautioned her to slow down her running and take it easier on her body. Her physician, knowing that Karen was unlikely to stop running altogether, suggested that she limit her running to […]
This unit forms part of the following qualification: BSB60420 Advanced Diploma of Leadership and Management BSB60520 Advanced Diploma of Marketing and Communication ASSESSMENT 1 KNOWLEDGE QUESTIONNAIRE BSBSTR601 Manage innovation and continuous improvement BSBSTR601 Assessment 2 – Laneway Education Pty Ltd ABN: 91 607 441 412, RTO No: 41504, CRICOS CODE: 035976 Last updated 19/02/2022 Page of Contents Assessment Task 1: Knowledge Questionnaire 3 Task 1 […]
By administering assessments and analyzing the results, targeted and individualized interventions can be determined to best serve the needs of students with disabilities. The actual implementation of the interventions provides teachers opportunities to collect data and gauge the effectiveness of the interventions in addressing documented student needs. Teachers can also gain important skills and knowledge on how to best advocate for practical classroom interventions. Teachers […]
Forensic Assessments Findings Reporting truthfully (impartially and without breaching confidentiality) is very important in the forensic arena. If a forensic psychology professional becomes involved in a case personally, it can hurt the case but more importantly, it can hurt the victims. It can also hurt the professional and his or her personal reputation. As a forensic practitioner you may have access to—and may be […]
Word count is not measured; however, ensure there is enough discussion to have a substantial response. Due by Thursday (55 points) Initial Discussion. Respond to each of the following 11 questions: Read and understand the selected learning objectives in the Lind et al. (2021) textbook. Chapter 1: LO1-3 Descriptive Statistics; LO1-3 Inferential Statistics; LO1-5 Levels of Measurement Chapter 2: LO2-1 Frequency Table; LO2-2 Chart Types Chapter […]
For our last assignment, we’ll be summing up the semester from all you have learned, and adding a bit more this week. I want you to think about all the assignments you completed this semester, including the Country Research Projects 1, 2, and 3, The Malthusian and Updates to Limits paper, Water/Oceans, Rivers, and Food, and Climate Change. This week we’ll be adding the […]
This video will serve as an introduction to visual pattern recognition. Your chapter begins with a detailed description of the human visual system. And it uses agnosia to provide an example for how damage within different parts of the system can cause different perceptual problems. For example, patients with a perceptive agnosia load are believed to have problems with early processing of information in the […]
Research a company that has posted its mission and vision statement online. Include the following in your initial post: Identify the company and share its mission and vision statement. Review what the company is actually doing including innovations, initiatives, product development, marketing, and so on. How sincerely and effectively do you feel the mission and vision statements reflect the company’s actions? Provide an example. Explain […]
BEHS210RESOURCESWEEK3.docx BEHS210WeekThreeDiscussionTopic.docx BEHS210 Week Three Discussion Topic: Cultural Anthropology & Psychology Subscribe Instructions After reviewing the Learning Resources for this week, respond to either Option A OR Option B: Option A: Cultural Anthropology · Share a time when you first experienced a culture other than your own. Did you experience any behaviors in that culture that surprised you? · Did you experience or observe behaviors […]
New Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rules (Final Rules) adopted by the U.S. Securities and Exchange Commission (SEC) become effective Sept. 5, 2023. Cybersecurity is CONFUSING! Firms’ Responsibility: “material information regarding cybersecurity risks and cyber incidents is required to be disclosed when necessary in order to make other required disclosures, in light of the circumstances under which they are made, not misleading.” […]
MULTIPLE CHOICE
1.Quiz Company has a 12 year lease, with payments of $250,000 made at the beginning of each year. If no purchase option exists, and the company is in the 40% tax bracket, what is the annual after-tax cash outflow on the lease?
a.$416,667
b.$250,000
c.$150,000
d.$100,000
Loose Cannon Co.
Loose Cannon Co. is evaluating a new $75 million bond issue, the proceeds of which would be used to call and retire its outstanding $75 million bonds. Details on both bond issues are presented below. The firm is in the 35% tax bracket.
Old Bonds The old issue sold at par, with a coupon rate of 11 percent. It was issued five years ago with a twenty year maturity. The issue had $350,000 in flotation costs and carries a call price of $1150.
New Bonds The new issue are expected to sell at par with an 8.5 percent coupon rate and a 15 year maturity. Flotation costs are forecast to be $500,000. Interest payments will overlap for 2 months while the old bonds are retired.
2.Refer to Loose Cannon Co. What is the initial investment required to refund the bonds?
a.$11,250,000
b.$8,614,375
c.$7,312,500
d.$3,937,500
3.Refer to Loose Cannon Co. What are the annual cash flows associated with the new bonds?
a.$4,143,750
b.$6,375,000
c.$4,132,083
d.$6,357,051
4.Refer to Loose Cannon Co. What is the NPV of the refunding decision?
a.$3,654,164
b.$5,356,375
c.$1,224,292
d.$8,614,375
5.Booyah Company has a callable bond issue, with 55,000 bonds with $1000 par outstanding. If the call price is $1125 per bond, and Booyah’s tax rate is 35%, what is the after-tax cost of calling the bonds?
a.$10,576,925
b.$2,406,250
c.$6,875,000
d.$4,468,750
Bear Lake Equipment Company (BLEC)
Bear Lake Equipment Company (BLEC) is considering an expansion which will require a new machine that costs $125,000. BLEC can either lease or buy the equipment. The company’s tax rate is 40% and its after tax cost of debt is 5%.
Lease: Annual payments of $26,400 made at the beginning of each year over five years. The lessor covers all maintenance, while the lessee covers insurance and other costs. The lessee has the option to purchase the machine for $31,250 paid along with the final lease payment.
Purchase: The $125,000 cost will be financed over five years with annual end of year payments of $31,580. The machine will be depreciated on the five year MACRS schedule, and the firm will pay $3,500 per year for a service contract to cover all maintenance. The company will cover all insurance and other costs.
6.Refer to BLEC. What is the after-tax cash flow per year for the lease?
a.$26,400
b.$15,840
c.$10,560
d.$39,600
7.Refer to BLEC. What is the after tax cash flow for the first year from a purchase of the machine?
a.$31,583
b.$21,167
c.$19,515
d.$25,000
8.Refer to BLEC. What is the present value of the five years of after-tax cash flows from purchasing the machine?
a.$92,504
b.$108,120
c.$77,351
d.$123,273
9.If a 9%, $100,000 loan has a balance of $83,724 and an annual payment of $13,965 is to be made, what will the allocation of principal and interest be?
a.$9,000 interest, $4,965 principal
b.$7,535 interest, $6,430 principal
c.$6,430 interest, $7,535 principal
d.$4,965 interest, $9,000 principal
10.Contract terms that specify things a borrower “must”do are referred to as
a.instructive covenants
b.informative covenants
c.negative covenants
d.positive covenants
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more