1) The Hawaiian Corporation expects this year’s net income to be $12 million. The firm’s target debt/assets ratio is 30 percent. This year, Hawaiian has $20 million profitable investment opportunities. According to the residual dividend policy, what should be Hawaiian’s dividend payout ratio this year?
1.Telephone operators and receptionists who prevent contacts to deciders are classified as A. initiators B.influencers C. buyers D.gatekeepers 2. Supplier?s goal is to enlarge their share of purchasing over time, it is a characteristic of buying situation and called as A.supplier’s rebuy B.purpose buying C.straight rebuy D.turned rebuy 3. A company’s buying products such as chemicals or steel from specialized hubs are classified as A.Horizontal markets B.vertical markets C.auction markets D.private markets 4.All individuals and groups participants that make purchasing decision and share common goals and risks are classified as A. supplier center B. buying center C. evaluation center D. initial awareness stage 5. Traditional supply situation in which focus is on competition rather than cooperation is classified as A.customer supply B.contract supply C.cooperation supply D.bare buying
1. The function of the rules of inference is to justify the steps of a proof. A) True B) False 2. A proof is a sequence of steps in which each step is either a premise or follows from earlier steps in the sequence according to the rules of inference. A) True B) False 3. Implication rules can be validly applied to part of a line. A) True B) False 4. According to the axiom of replacement, logically equivalent expressions may replace each other within the context of a proof. A) True B) False 5. Replacement rules are pairs of logically equivalent statement forms. A) True B) False 6. Conditional proof (CP) is a method that starts by assuming the negation of the required statement and then validly deriving a contradiction on a subsequent line. A) True B) False 7. Indirect proof (IP) is a method that starts by assuming the antecedent of a conditional statement on a separate line and then proceeds to validly derive the consequent on a separate line. A) True B) False 8. Invalid arguments cannot be proven as invalid using the methods of natural deduction. A) True B) False Document Preview:
Introduction to Formal Logic – Natural Deduction Examination – Spring 2014 Part I: True/False Instructions. Please circle ‘True ‘if the statement is true and ‘False’ if the statement is false. (2 pts each) 1. The function of the rules of inference is to justify the steps of a proof. A) TrueB) False 2. A proof is a sequence of steps in which each step is either a premise or follows from earlier steps in the sequence according to the rules of inference. A) TrueB) False 3. Implication rules can be validly applied to part of a line. A) TrueB) False 4. According to the axiom of replacement, logically equivalent expressions may replace each other within the context of a proof. A) TrueB) False 5. Replacement rules are pairs of logically equivalent statement forms. A) TrueB) False 6. Conditional proof (CP) is a method that starts by assuming the negation of the required statement and then validly deriving a contradiction on a subsequent line. A) TrueB) False 7. Indirect proof (IP) is a method that starts by assuming the antecedent of a conditional statement on a separate line and then proceeds to validly derive the consequent on a separate line. A) TrueB) False 8. Invalid arguments cannot be proven as invalid using the methods of natural deduction. A) TrueB) False 9. One of the rules of inference is DeMorgan’s theorem: ~(P v Q) :: (~P · ~ Q) A) TrueB) False 10. When an indirect proof is discharged, any lines derived from the assumption can no longer be used in the subsequent proof. A) TrueB) False Part II: Rules of Implication Instructions. Using the rules of implication, please provide the proofs for the following problems. Please provide justifications for each step. (7 pts each) 11. 1. T ? ( P v Q ) 2. S v ~ ( P v Q ) 3. ~S / ~ T 12. 1. ( S ? R ) · Q 2. R ? T / S ? T 13. 1. [ (…
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1. The following info is available
ITEMS
MATURITY
AMOUNT
1. A CHF payable
1 month
2,000,000.
2. A CHF deposit
3 month
1,500,000.
3. A CHF receivable
1 month
500,000.
4. A CHF forward sale
6 month
450,000.
5. A CHF loan
6 month
1,000,000.
6. A CHF payable
9 months
850,000.
7. A CHF forward purchase
9 months
500,000.
8. A CHF loan
12 months
2,500,000.
Incase of a deposit or a loan, the amount is the maturity value which includes interest and the principal. The CHF interest rate is 6% for all maturities and is known to remain at this level with certainty.
You are required to work out a neat forex transaction plan for next one year to ensure smooth receipts and payments by the British company.
1. The following reasons are good motives for mergers except: (I) Economies of scale (II) Complementary resources (III) Diversification (IV) Eliminating Inefficiencies A) I only B) II only C) III only D) I, II, and IV only 2. The following are good reasons for mergers: (I) Surplus funds (II) Eliminating inefficiencies (III) Complementary resources (IV) Increasing earnings per share (EPS) A) I only B) I and II only C) I, II, and III only D) IV only 3.The following are good reasons for mergers: (I) Economies of scale (II) Economics of vertical integration (III) Complementary resources (IV) Surplus funds (V) Eliminating inefficiencies (VI) Industry consolidation A) I only B) I, II, and III only C) I, III, IV, and V only D) I, II, III, IV, V, and VI 4.The following are dubious reasons for mergers: (I) to diversify (II) increasing the earnings per share (EPS) (III) lower financing costs (IV) industry consolidation A) I only B) II and IV only C) III and IV only D) I, II, and III only 5.Firm A has a value of $100 million, and B has a value of $70 million. Merging the two would allow a cost savings with a present value of $20 million. Firm A purchases B for $75 million. What is the gain from this merger? A) $30 million B) $20 million C) $15 million D) $75 million 6. Firm A has a value of $100 million, and B has a value of $70 million. Merging the two would allow a cost savings with a present value of $20 million. Firm A purchases B for $75 million. What is the cost of this merger? A) $30 million B) $20 million C) $5 million D) $10 million 7.. Firm A has a value of $100 million, and B has a value of $70 million. Merging the two would allow a cost savings with a present value of $20 million. Firm A purchases B for $75 million. How much do firm A’s shareholders gain from this merger? A) $30 million B) $20 million C) $15 million D) $5 million
1. The figure represents the head of a pole-mounted tree pruner. Determine the force applied by the cutting blade ED on the tree branch when the vertical rope attached at A is pulled with the force P which is equal to 200 N.
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1.The following are theories of social change except A.Functionalist B.Theory of reasoned action C.Conflict D.Cyclic
1)The external diameter of an inward flow reaction turbine is 0.5m. The width of the wheel at inlet is 150mm and the velocity of flow at inlet is 1.5 m/s .Find the rate of flow passing through the turbine. Document Preview:
The external diameter of an inward flow reaction turbine is 0.5m. The width of the wheel at inlet is 150mm and the velocity of flow at inlet is 1.5 m/s .Find the rate of flow passing through the turbine. Solution:- D1 = 0.5m B1 = 0.15m Vf1 = 1.5m/s Q = ? Discharge through the tubine, Q = p D1 B1 Vf1= p *0.5* 0.15*1.5=0.353 Q=0.353 m3/s (Ans)
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1. The structural model of an economy is given as below
C=400+0.8Yd Consumption function
I=350 Investment
G=450 Government expenditure
T=200 Tax
i) Derive the savings function (2 marks)
ii) Derive the government expenditure and tax multiplier (4 marks)
iii) Compute equilibrium income and consumption (4 marks)
1. The Speedway Clinical Laboratory is a scientific blood-testing facility that receivessamples from local hospitals and clinics. The blood samples are passed through severalautomated tests, and the results are printed through a central computer that readsand stores the information about each sample that is tested.
Management is concerned about the quality of the service it provides and wants toestablish quality-control limits as a measure for the quality of its tests. Such managerialpractice is viewed as significant, because incorrect analysis of a sample can leadto a wrong diagnosis by the physician, which in turn might cost the life of a patient.
For this reason, 100 blood samples were collected at random each day after they hadgone through testing. After retesting was performed manually on this sample, theresults were:
Day
Incorrect Analysis
Day
Incorrect Analysis
Day
Incorrect Analysis
1
8
8
6
15
2
2
3
9
3
16
1
3
1
10
1
17
0
4
0
11
4
18
6
5
4
12
6
19
3
6
2
13
5
20
2
7
9
14
10
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