I need answers before today 10pm!!!!!!
Business partners, Nelson Cook and Jay Hartford, are considering building a mountain bike park in Springfield, Oregon, called “Mountain Bike Adventures”. The local government has agreed to rent ten acres of land to Nelson and Jay for a limited number of years.
In Year 0, Nelson and Jay would acquire the necessary assets and set up operations. In Years 1, 2, and 3, the business would be in full operation. In Year 4, Nelson and Jay plan to shut down the business and dispose of its assets.
Nelson and Jay plan to charge $15 for park admission and the expected number of ticket sold in Year 1 is 4,000. The number of ticket sold is expected to increase by 10% in Year 2, and then by another 10% in Year 3. The park will also have a mountain bike rental service that charges $10 per hour. It is expected that 50% of the ticketholders do not have a mountain bike and they are going to rent a bike for three hours on average.
In Year 0, Nelson and Jay plan to acquire 100 mountain bikes for $300 each. In Year 4, the bikes are expected to be sold at $30 each. Bikes will be depreciated according to a 5-year MACRS property class schedule, which depreciates 0% in Year 0, 40.0% of the purchase price in Year 1, 32.0% in Year 2, and 19.2% in Year 3.
Variable costs (including gasoline, bike maintenance and repairs, liability insurance, hourly wages, etc.) are expected to be 70% of same-year total revenue (including both ticket sales and bike rentals) in Years 1 through 3. Working capital requirements (including accounts receivable and inventory) are expected to be $3,000 in Year 0, 20% of same-year total revenue in Years 1 to 3, and $0 in Year 4. An annual land rental fee of $12,000 will be due in each of Years 1 through 3, and this is expected to be the only fixed cost for the business.
The marginal tax rate is 30% and the cost of capital for this project is 8%.
1. Using the original assumptions in the problem, what is the EBIT break-even point for the number of tickets sold in Year 3? In other words, what is the number of tickets sold in Year 3 for which the project’s EBIT is zero (rounded to the nearest dollar)?
2. Nelson is worried that the assumption about the mountain bike prices in Year 0 is too
optimistic. He wants to consider the possibility that the price of mountain bikes in Year 0 will be $350 each. Assuming the bikes are still expected to be sold at $30 each in year 4, what is the new salvage value in year 4 (rounded to the nearest dollar)?
3. Nelson is worried that the assumption about the mountain bike prices in Year 0 is too
optimistic. He wants to consider the possibility that the price of mountain bikes in Year 0 will be $350 each. Assuming the bikes are still expected to be sold at $30 each in year 4, what is the new NPV (rounded to the nearest dollar)?
4. Originally, the variable costs are expected to be 70% of the same-year total revenue. Jay thinks this assumption is too low, he expects that the costs will be 70% of the total revenue in year 1, 75% of the total revenue in year 2, and 80% of the total revenue in year 3. What is the new NPV (rounded to the nearest dollar)?
5. If the cost of capital for the project is 11% instead of 8%, what is the new NPV (rounded to
the nearest dollar)?
CALCULATION OF REVENUEYearTicket price ($)Number of tickets soldRevenue from sale of tickets 0 Rental charges per hour ($)Number of people renting the bikesNumber of hours bikes are rented…
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I Need Answer A Researcher Is Testing A Hypothesis Of A Single Mean The Critical
/in Uncategorized /by developerI need answer:A researcher is testing a hypothesis of a single mean. The critical z value for α = .05 and a two-tailed test is +1.96. The observed z value from sample data is -2.11. The decision made by the researcher based on this information is to _________ the null hypothesis. not reject redefine change the alternate hypothesis into restate the null hypothesis reject
A researcher is testing a hypothesis of a single mean. The critical z value for α = .05 and a twotailed test is +1.96. The observed z value from sample data is 2.11. The decision made by the…
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I Need Answer As Soon As Possible With No Explanation What Is The Present Value
/in Uncategorized /by developerI need answer as soon as possible with no explanation
What is the present value of $5000 to be received in 5 years, if the interest rate is 5% p.a., compounding fortnightly?
Select one:
a. $3794
b. $3750
c. $3918
d. $3895
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I Need Answer By 11 Pm Est Today I Think Its Just 3 To 4 Pages Research Paper
/in Uncategorized /by developeri need answer by 11 pm est today, i think its just 3 to 4 pages research paper
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I Need Answer In A Two Tailed Hypothesis About A Population Mean With A Sample S
/in Uncategorized /by developerI need answerIn a two-tailed hypothesis about a population mean with a sample size of 100 and α = 0.05, the rejection region would be _________. z > 1.96 z < -2.33 and z > 2.33 z > 1.64 z < -1.64 and z > 1.64 z < -1.96 and z > 1.96
In a twotailed hypothesis about a population mean with a sample size of 100 and α = 0.05, the rejection region would be _________. z > 1.96 z < 2.33 and z > 2.33 z > 1.64 z <…
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I Need Answer Of Atteched All 8 Questions Wally S Billboard Sign Supply Case 9
/in Uncategorized /by developerI need help with an Accounting/auditing case. Here is the info and the completed program case is attached.I need answer of atteched all 8 questions. Wally’s Billboard & Sign Supply Case 9.1 Auditing of Cash. Wally’s Billboard & Sign Supply was founded four years ago by Walter Johnson. The company specializes in providing locations for sign and billboard advertising and has recently begun to enter the sign design market. After working several years in the marketing department of a large corporation, Wally decided that there was a need in his area for a company specializing in signs and billboards. Drawing on his marketing experiences, he started his own company.The company is now preparing to expand its business and has enlisted the help of your firm, Taylor & Jones, LLP. Over the last two years your firm has provided auditing and assurance services to prepare the company to seek badly needed outside funding. Along with Bill Thompson, a senior auditor, you have been assigned to help with the annual audit.Your assignment is to conduct sustentative testing of the company’s cash balances. Bill has already conducted tests of controls for each of the company’s transactions cycles and has assessed control risk as relatively low in those cycles. He has also inquired of management regarding the existence of any restrictions imposed by external parties on the use of cash. Management assured him there are no such restrictions, but you plan to corroborate this response using bank confirmations.Wally’s Billboard & Sign Supply currently has three separate bank accounts. The first is a general account used mostly for business expenses and receipts. When payments are collected they are deposited, along with any cash sale receipts, in the general account. The second account is a payroll account. The third account is an interest bearing account that the company uses to maintain extra cash for future needs. For this assignment you will not be required to test intrabank transfers.Complete Audit Program (done, attached) then answer following questions:1.
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I Need Answer Right Away The Iq Scores For 10 Sixth Graders Are 111 103 100 107
/in Uncategorized /by developerI do not understand this question, please help. I need answer right away.
The IQ scores for 10 sixth graders are 111, 103, 100, 107, 114, 101, 107, 102, 112, 109.
a. Calculate o for the IQ scores using the definitional formula.
b. Calculate o for the IQ scores using the computational formula.
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I Need Answers Before Today 10pm Business Partners Nelson Cook And Jay Hartford
/in Uncategorized /by developerI need answers before today 10pm!!!!!!
Business partners, Nelson Cook and Jay Hartford, are considering building a mountain bike park in Springfield, Oregon, called “Mountain Bike Adventures”. The local government has agreed to rent ten acres of land to Nelson and Jay for a limited number of years.
In Year 0, Nelson and Jay would acquire the necessary assets and set up operations. In Years 1, 2, and 3, the business would be in full operation. In Year 4, Nelson and Jay plan to shut down the business and dispose of its assets.
Nelson and Jay plan to charge $15 for park admission and the expected number of ticket sold in Year 1 is 4,000. The number of ticket sold is expected to increase by 10% in Year 2, and then by another 10% in Year 3. The park will also have a mountain bike rental service that charges $10 per hour. It is expected that 50% of the ticketholders do not have a mountain bike and they are going to rent a bike for three hours on average.
In Year 0, Nelson and Jay plan to acquire 100 mountain bikes for $300 each. In Year 4, the bikes are expected to be sold at $30 each. Bikes will be depreciated according to a 5-year MACRS property class schedule, which depreciates 0% in Year 0, 40.0% of the purchase price in Year 1, 32.0% in Year 2, and 19.2% in Year 3.
Variable costs (including gasoline, bike maintenance and repairs, liability insurance, hourly wages, etc.) are expected to be 70% of same-year total revenue (including both ticket sales and bike rentals) in Years 1 through 3. Working capital requirements (including accounts receivable and inventory) are expected to be $3,000 in Year 0, 20% of same-year total revenue in Years 1 to 3, and $0 in Year 4. An annual land rental fee of $12,000 will be due in each of Years 1 through 3, and this is expected to be the only fixed cost for the business.
The marginal tax rate is 30% and the cost of capital for this project is 8%.
1. Using the original assumptions in the problem, what is the EBIT break-even point for the number of tickets sold in Year 3? In other words, what is the number of tickets sold in Year 3 for which the project’s EBIT is zero (rounded to the nearest dollar)?
2. Nelson is worried that the assumption about the mountain bike prices in Year 0 is too
optimistic. He wants to consider the possibility that the price of mountain bikes in Year 0 will be $350 each. Assuming the bikes are still expected to be sold at $30 each in year 4, what is the new salvage value in year 4 (rounded to the nearest dollar)?
3. Nelson is worried that the assumption about the mountain bike prices in Year 0 is too
optimistic. He wants to consider the possibility that the price of mountain bikes in Year 0 will be $350 each. Assuming the bikes are still expected to be sold at $30 each in year 4, what is the new NPV (rounded to the nearest dollar)?
4. Originally, the variable costs are expected to be 70% of the same-year total revenue. Jay thinks this assumption is too low, he expects that the costs will be 70% of the total revenue in year 1, 75% of the total revenue in year 2, and 80% of the total revenue in year 3. What is the new NPV (rounded to the nearest dollar)?
5. If the cost of capital for the project is 11% instead of 8%, what is the new NPV (rounded to
the nearest dollar)?
CALCULATION OF REVENUEYearTicket price ($)Number of tickets soldRevenue from sale of tickets 0 Rental charges per hour ($)Number of people renting the bikesNumber of hours bikes are rented…
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I Need Answers For Below Discussion Should Be 400 To 500 Words With Apa Format A
/in Uncategorized /by developerI need answers for below Discussion, should be 400 to 500 words with APA format and must provide 3 peer reviewed references. and Discussion should be in good manner.
DISCUSSION QUESTION:
–> Discuss why Goldman Sachs was a disciple of Albert Carr’s theory of “business is a poker game and we are all bluffing.”Note: Please write a Discussion in one document.(clearly avoid plagiarism).
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I Need Answers For Number 5 Only Ignore The Rest 3 A Give Two Examples Of Diseas
/in Uncategorized /by developerI need answers for number 5 only,ignore the rest
3 (a) Give two examples of diseases which can be spread by contaminated drinking water.
(b) How can the spread of such diseases be prevented?
4 Suggest three ways in which food might become contaminated by harmful bacteria.
5 Which one of the following is least important in preventing the contamination of food?
(a) Keeping food away from flies.
(b) Washing the hands before preparing food.
(c) Not coughing or sneezing over food.
(d) Not smoking while preparing food.
6 The following events explain an outbreak of food poisoning in a factory canteen. Put the
events in the appropriate order.
(a) Pathogenic bacteria in intestine.
(b) Unwashed hands prepare food.
(c) Kitchen worker has intestinal disease.
(d) Outbreak of food poisoning.
(e) Pathogenic bacteria in faeces.
(f) Pathogenic bacteria get into food.
(g) Hands not washed after defecation.
(h) Faeces expelled in lavatory.
(i) Food ingested by healthy people.
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I Need Answers For The 20 Questions Below Multiple Choice Questions 1 Driving Wh
/in Uncategorized /by developerI need answers for the 20 questions below:””MULTIPLE CHOICE QUESTIONS1. Driving while intoxicated, Jana causes a car accident that results in thedeath of Kevin. Jana is arrested and charged with involuntary manslaughter,a third degree felony. This type of felony is punishable bya. death.b. life imprisonment.c. up to five years’ imprisonment.d. up to ten years’ imprisonment. 2. Desi reaches into Edna’s pocket and takes her money, without herconsent and without her immediate awareness. Unlike robbery, pickingpockets does not involvea. breaking and entering.b. force or fear.c. large amounts of money.d. weapons. 3. Mariah takes off her ring and places it on her desk while she works.Without her knowledge or consent, her coworker Nita picks up the ring,puts it on, and walks away. Nita has likely committeda. burglary.b. larceny.c. robbery.d. no crime. 4. On the orders of their corporate employer, Della and Efron, employees ofFabulous Fashionista, a clothing store, switch trademarks on clothingthat comes into the store to be sold to consumers. This is most likelya. forgery.b. larceny.c. robbery.d. no crime. 5. In relation to Edie’s solicitation of investors in a nonexistent business,she is charged with “mail fraud.” This requires, among other things,a. claiming that an item is “in the mail” when it is not.b. deceiving postal authorities as to the content of an item of mail.c. depositing items in the postal system without proper postage.d. mailing or causing someone else to mail a writing. 6. Val, the owner of Wild Wheels, a bicycle store, trusts Xavier to managethe store’s daily cash flow. One night, without Val’s knowledge orconsent, Xavier takes and keeps $500 from the receipts. This is mostlikelya. embezzlement.b. larceny.c. robbery.d. no crime. 7. Ann, an employee of Beta, Inc., pays Curt, an employee of Beta’s competitorDelta Company, for a secret Delta pricing schedule. This may bea. an effective marketing strategy.b. commercial bribery.c. creative legal bookkeeping.d. money laundering. 8. Dina, a businessperson, is charged with RICO offenses. Dina may besubject to penalties under RICO only if shea. committed two or more certain federal or state crimes.b. has never been convicted of a crime.c. intends to commit future RICO offenses.d. was previously convicted of a crime. 9. Sandy, a businessperson, is convicted of RICO offenses. Sandy’s penaltiesmay includea. closing her business but not forfeiting its assets or selling it.b. forfeiting business assets but not closing or selling the business.c. selling her business but not closing it or forfeiting its assets.d. closing her business, forfeiting its assets, or selling it. 10. Becky is thirteen years old and is charged with a misdemeanor. In moststates, Becky will be treated asa. a minor and tried in a juvenile court.b. an adult and tried in a regular court.c. an infant and punished without a trial.d. incapable of criminal conduct and tried after he turns eighteen. 11. Toby commits a criminal act while intoxicated. Involuntary intoxicationmay be a defensea. if it makes a person incapable of understanding an act is wrong.b. if it removes a person’s normal social inhibitions.c. under any circumstances.d. under no circumstances. 12. Yvon is charged with the crime of theft for taking Zack’s briefcase, whichYvon mistakenly thought was hers. A mistake of fact is a defensea. if the fact was not reasonably made known to the public.b. if the mistake negates the mental state necessary to commit acrime.c. if the perpetrator was intoxicated.d. under any circumstances. 13. Ethan, the president of Financial Investments, Inc. (FII), and Gina, FII’saccountant, are charged with a crime, after the police search FII’soffices. Under the exclusionary rulea. certain FII records are excluded from subpoena by thegovernment.b. certain parties to a criminal action may be excluded from a trial.c. illegally obtained evidence must be excluded from a trial.d. persons who have biases that would prevent them from fairly decidingthe case may be excluded from the jury. 14. Jim is indicted. Before he is arrested, he confesses to the crime in aconversation with Kelly, the arresting officer. Kelly then arrests Jimand advises him of the right to counsel. Jim waives the right and repeatshis confession. Later, Jim claims that his initial statement should beexcluded as evidence from his trial. Under the ruling in Fellersv. United States, the statement will most likely bea. admitted because Jim knew he did the crime and confessed.b. admitted because Jim repeated it after being advised of his rights.c. excluded because a confession is not admissible in a criminal trial.d. excluded because it was elicited before Jim was advised of hisrights. 15. Lara is indicted. Mac, the arresting officer, advises Lara of her right tocounsel. Lara waives the right and confesses to the crime. Later, Laraclaims that her confession should be excluded as evidence from her trial.Under the ruling in Fellers v. United States, the statement willmost likely bea. admitted because Lara knew she did the crime and confessed.b. admitted because Lara made it after being advised of her rights.c. excluded because a confession is not admissible in a criminal trial.d. excluded because it was elicited before Lara was advised of herrights. 16. According to the United States Supreme Court in Miranda v.Arizona, an individual must be apprised of certain of his or her rightswhenever the individual isa. arraigned in a court.b. imprisoned in a jail.c. sentenced for a crime.d. taken into custody. 17. According to the United States Supreme Court in Miranda v.Arizona, an individual must be apprised of certain of his or her rightsa. after any questioning.b. at any time during questioning.c. only in the absence of questioning.d. prior to any questioning.18. Roy owns Roy’s Cafe. A fire destroys the cafe, and Roy is arrested on suspicionof setting it to collect the insurance. At the time of the arrest, Royis not informed of his rights. Any statement Roy makes will beadmissiblea. in all circumstances.b. in some circumstances.c. in no circumstances.d. regardless of the circumstances. 19. Mike is arrested at a warehouse in North Industrial Park. A governmentprosecutor issues a formal charge against Mike for receiving stolenproperty. This charge isa. an arraignment.b. an indictment.c. an information.d. an inquisition. 20. Ben is a computer technician with the skills to hack into any unprotectedcomputer. The Counterfeit Access Device and Computer Fraudand Abuse Act of 1984 prohibits Ben from obtaining unauthorized accesstoa. any government information.b. no government information.c. restricted government information.d.unrestricted government information. “
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