CHAPTER 2 How to Calculate Present Values Answers to Problem Sets 1. If the discount factor is .507‚ then .507 x 1.126 = $1. Est time: 01-05 2. DF x 139 = 125. Therefore‚ DF =125/139 = .899. Est time: 01-05 3. PV = 374/(1.09)9 = 172.20. Est time: 01-05 4. PV = 432/1.15 + 137/(1.152) + 797/(1.153) = 376 + 104 + 524 = $1‚003. Est time: 01-05 5. FV = 100 x 1.158 = $305.90. Est time: 01-05 6. NPV = −1‚548 + 138/.09 = −14.67 (cost today plus the present value of the perpetuity)
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of the McDonald’s book‚ be aware that a copy of the book is reserved at the main library of the University of Hong Kong for you to borrow for short period of time. Answers provided are for your reference only. It is complied directly from the solution manual provided by the author. If you identify any error‚ please let me know. Chapter 1: 1.3‚ 1.4‚ 1.11 Chapter 2: 2.5‚ 2.9‚ 2.13‚ 2.16 Chapter 3: 3.1‚ 3.3‚ 3.10‚ 3.12‚ 3.14‚ 3.15‚ 3.18 Chapter 4: 4.1‚ 4.4‚ 4.5‚ 4.15‚ 4.17 Chapter 5: 5.4‚ 5
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Chapter 7 Activity-Based Costing: A Tool to Aid Decision Making Solutions to Questions 7-1 Activity-based costing differs from traditional costing systems in a number of ways. In activity-based costing‚ nonmanufacturing as well as manufacturing costs may be assigned to products. And‚ some manufacturing costs—including the costs of idle capacity--may be excluded from product costs. An activity-based costing system typically includes a number of activity cost pools‚ each of which has its
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pertains to the analysis of the companies Pfizer Inc and Sanofi S.A. Pfizer Inc is a major player in the global pharmaceutical industry and is driven by the vision of improving the life and health of the consumers through innovative discoveries and solutions. The company is diversified geographically and the global healthcare portfolio comprises of human as well as animal biologic & vaccines and small molecule medicines along with a broad range of nutritional products. It also markets several of
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CHAPTER 12: THE OLD SOUTH AND SLAVERY IDENTIFICATION Internal slave trade: the profitability of cotton and sugar increased‚ so did the value of slaves throughout the entire region. This encouraged the internal slave trade from the upper to the lower south. Task system vs. gang system: task system is where slaves had a daily or weekly quota of tasks to complete. Gang system is the division of labor within slavery on a plantation. African Methodist Episcopal Church: predominantly African-American Methodist
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Problem Set # 3 Solutions Chapter 7 #2 a) The production function in the Solow growth model is Y = f(K‚L)‚ or expressed in terms of output per worker‚ y = f(k). If a war reduces the labor force through casualties‚ the L falls but Capital-labor ratio k = K/L rises. The production function tells us that total output falls because there are fewer workers. Output per worker increases‚ however‚ since each worker has more capital. b) The reduction in the labor force means that the capital stock
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VISIT TO DAIRY FARM I visited a dairy farm located on Route 2 about 20 miles north of Burlington‚ VT. The dairy owns about 150 cows and supplies all its milk to Ben and Jerry for ice cream. Ben and Jerry Company is considered to be an ethical company in the dairy industry. I do not know whether they owned the dairy or not. Here is the summary of what I saw and learnt: It was milking time (5:00 p.m
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Irodov Problem 3.7 As shown in Figure 1‚ the charges are located in at the four corners of the square ABCD whose diagonal is of length 2l. Since the point Xis located at a height of x units from the plane of ABCD along its central axis‚ the distance of X from any of the corners A‚B‚C and D is . The electric field strengths due to each of the four charges located at corners A‚B‚C and D are given by‚ The vertical components of EC and EB will cancel
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CHAPTER 6 MERCHANDISING ACTIVITIES OVERVIEW OF BRIEF EXERCISES‚ EXERCISES‚ PROBLEMS‚ AND CRITICAL THINKING CASES Brief Exercises B. Ex. 6.1 B. Ex. 6.2 B. Ex. 6.3 B. Ex. 6.4 B. Ex. 6.5 B. Ex. 6.6 B. Ex. 6.7 B. Ex. 6.8 B. Ex. 6.9 B. Ex. 6.10 B. Ex. 6.11 Exercises 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11 6.12 6.13 Topic Computation of gross profit Accounts receivable subsidiary ledger Perpetual inventory system computation of income Periodic inventory system
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run away to Kuala Lumpur. After Madhuri died followed by his grandmother’s death‚ he almost lost his mind. Keeping his secret love was very difficult. He was easily influenced by Puan Normala that his grandmother was poisoned by Old Lady. That was the reason he burned the Old Lady’s house causing her death. Finally‚ he realises his mistakes and comes to his senses. Second‚ En Saleh Abdullah‚ Azreen’s father. He was always proud of Madhuri. Madhuri made him proud when she agreed
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