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- provide step by step solution for the following questions. All computations must be done and shown in detail. Report numerical results up to 4 places after the decimal. queston 1. Summer-Seas Limited operates out of Miami Florida USA. Its current earnings before interest and tax are $950,000. Earnings are projected to remain constant over the foreseeable future. Summer-Seas currently has no debt, but if it choose to borrow, its cost of borrowing would be seven percent. Summer-Seas has an unlevered cost of 11 percent, while its tax rate is 20 percent. If Summer-Seas adds leverage to the company by borrowing $350,000, what will be its WACC be after recapitalization? Kindly show all workings and formulae used. question 2. Ordinary Craft Inc.(OC) is currently an unlevered firm with 450,000 shares of stock outstanding, with a market price of $15 a share. The company has earnings before interest and taxes of $314,000. OC met with its bankers, Smartly-Solvent Incorporated (SS),…arrow_forward7. Consider the differential equation dy dt = 3y-1 with initial value y(0) = 2. (a) Find the exact solution of the initial value problem. (b) Use Euler's method with step size h = 0.5 to approximate the solution to the initial value problem on the interval [0,2] Your solution should include a table of approximate values of the dependent variable as well as the exact values of the dependent variable. Make sure that your approximations are accurate to four decimal places. (c) Sketch the graph of the approximate and exact solutions.arrow_forward10.4.6 In Biometrics (1990, Vol. 46, pp. 673–87), the authors analyzed the circumference of five morange trees (labeled as A–E) measured on seven occasions (xi).arrow_forward
- Answer both exercises stepwise please Exercise 1 10.1.5 An article in Industrial Engineer (September 2012) reported on a study of potential sources of injury to equine veterinarians conducted at a university veterinary hospital. Forces on the hand were measured for several common activities that veterinarians engage in when examining or treating horses. We consider the forces on the hands for two tasks, lifting and using ultrasound. Assume that both sample sizes are 6, the sample mean force for lifting was 6.0 pounds with standard deviation 1.5 pounds, and the sample mean force for using ultrasound was 6.2 pounds with standard deviation 0.3 pounds (data read from graphs in the article). Assume that the standard deviations are known. Is there evidence to conclude that the two activities result in significantly different forces on the hands? Exercise 2 10.2.10 .An article in IEEE International Symposium on Electromagnetic Compatibility [“EM Effects of Different Mobile Handsets on Rats’…arrow_forwardq11) PLEASE show 1. what you did for each step and 2. why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forwardq10) PLEASE show 1. what you did for each step and 2. why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forward
- q12) PLEASE show 1. what you did for each step and 2. why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forwardq14) PLEASE show 1. what you did for each step and 2. why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forwardq8) PLEASE show what you did for each step and why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forward
- q9) PLEASE show what you did for each step and why. For example "we do u-substitution by replacing x with u because it is ..linear...or something". This will really help me understand how it works.arrow_forwardCNET-Home Imported Dr Lookup Paycom Logo Employee Dashboar... TOC Team Caseload... Home CM Jab Aid.... Reporting Library Chapter 66 Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not indicate compit 10 16 points Esfandairi Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $1.36 millon The fixed asset qualifies for 100 percent bonus depreciation. The project is estimated to generate $1.445 million in annual sales, with costs of $580,000. The project requires an initial investment in net working capital of $250,000 and the fixed asset will have a market value of $180,000 at the end of the project. a. If the tax rate is 21 percent, what is the project's Year 0 net cash flow? Year 1? Year 2? Year 3? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, e.g.,…arrow_forwardThe lifespans of seals in a particular zoo are normally distributed. The average seal lives \[13.8\] years; the standard deviation is \[3.2\] years. Use the empirical rule \[(68 - 95 - 99.7\%)\] to estimate the probability of a seal living longer than \[7.4\] years.arrow_forward
- Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningElements Of Modern AlgebraAlgebraISBN:9781285463230Author:Gilbert, Linda, JimmiePublisher:Cengage Learning,Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage

