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Ted recently was offered a position with a major accounting firm. The firm offered Ted either a signing bonus of $25,000 payable on the first day of work or a signing bonus of $28,000 payable after one year of employment. Assuming that the relevant interest rate is 12%, which option should Ted choose? The signing bonus of $25,000 payable on the first day of work. The signing bonus of $28,000 payable after one year of employment. The options are equivalent. Insufficient information to determine. Solution c) The options are equivalent. Because. Ted will receive the signing bonus of $25,000 payable on the first day of work After one year with 12%=$28,000Â Â /Â Â 1.12(1+0.12)=$25,000 $25,000 joining =$25,000 one year are equal _________________________________________________________________________________________ .

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7.12Chapter 7 Problem 12a). Complete the spreadsheet below by estimating the project's annual after tax cash flow.b). What is the investment's net present value at a discount rate of 10 percent?c). What is the investment's internal rate of return?d). How does the internal rate of return change if the discount rate equals 20 percent?e). How does the internal rate of return change if the growth rate in EBIT is 8 percent instead of 3 percent?Facts and AssumptionsEquipment initial cost $$ 350,000Depreciable life yrs.7Expected life yrs.10Salvage value $$0Straight line depreciationEBIT in year 128,000Tax rate38%Growth rate in EBIT3%Discount rate10%Year012345678910Initial cost350,000Annual depreciation50,00050,00050,00050,00050,00050,00050,000EBIT28,00028,84029,70530,59631,51432,46033,43334,43635,47036,534Net present value @ 10%Internal rate of return 7.13Chapter 7 Problem 13In many financial transactions, interest is computed and charged more than once a year. Interest on corporate bonds, for example, is usually payable every six months. Consider a loan transaction in which interest is charged at the rate of 1 percent per month. Sometimes such a transaction is described as having an interest rate of 12 percent per annum. More precisely, this rate should be described as a nominal 12 percent per annum coumpounded monthly.Clearly, it is desirable to recognize the difference between 1 percent per month compounded monthly and 12 percent per annum compounded annually. If $1,000 is borrowed with interest at 1 percent per month compounded monthly, the amount due in one year is:F = $1,000(1.01)12 = $1,000(1.1268) = $1,126.80 This compares to F = $1,000(1+.12) =$1,120.00 for annual compounding.Hence, the monthly compounding has the same effect on the year-end amount due as the charging of a rate of 12.68 percent compounded annually. 12.68 percent is referred to as the effective interest rate. To generalize, if interest is compounded m times a year at an interest rate of r/m per compounding period. Then,The nominal interest rate per annum, or the APR = m(r/m) = r.The effective interest rate per annum,or the EAR = (1+r/m)m - 1.Consider a $100,000, 30 year, fixed-rate, 9 percent, home mortgage requiring monthly payments.a. The monthly interest rate on the mortgage is 9%/12 months = .75%. What is the APR on the mortgage?b. What is the EAR on the mortgage?c. The borrower's payment book will look something like the following. Complete the entries for the first 6 months.Outstanding Balance Beginning of MonthMonthly paymentInterest duePrincipal paymentOutstanding Balance End of MonthDate01-31$100,00002-2803-3104-3005-3106-30d. After paying on this mortgage for 15 years, what will be the remaining principal outstanding? e. Suppose after 15 years the borrower has the opportunity to refinance the remaining principal on the mortgage with a new 15-year mortgage carrying an interest rate of 7 1/8%. Refinancing will involve $250 in costs and "points.

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Ted considers himself a skillful hacker. He has devised a way to replace the existing startup programs between the moment that the system boots yet before the system actually executes these programs. He believes that if he can perfect his attack, he can gain control of the system. What type of attack is described here? A. Synchronous attack B. TOC/TOU attack C. DCOM attack D. Smurf attack Solution The correct answer is B . TOC/TOU attack ---------------------------------------------------------------------------------- Explanation : This kind of attac is called \"Time of Check/Time of Use (TOCTOU)\" attack. For suppose process X checked that a certain file exists and has certain attributes before opening the file and do some necessary operations on the file. By the time X opens it, the file could have been replaced with another file that was not the same as before that was checked by the process X. If the time gap between TOC and TOU is long can cause TOCTOU type of access to gain access control over the system resoruces and malfunction the system properties. .

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Technical testing metrics fall into two major categories. What are they? With Detailed explanation. Solution The two major categoreis are Project Management and Process Imrovement Project Management: In initiating of the project an idea of the project is formulated from the requirement specification of the client and customers In the planning phase a project team is created the required resources are gathered, a project office is setup and the further procedding of the project is started In the next phase the idea of the project is converted into the actual implementation, this basically involves the technical aspects of the project like designing , implementation and testing Next comes the monitoring and control, all the rsisks associaed with the project are analysed and proper solutions are also formulated The last phase of closure of the project is executed when the final acceptance of the project is verified by teh client. Process Improvement It is the proactive task to identify, analyse and improve the existing processes of the business. It help to increase the optimization and to meet the new requirement by the client, different approaches for the improvement are considered. Processes are either modified or complemented with sub-process. It is an outgoing process and should always be followed up with the analysis of tangible areas of improvement. The process maturity curve goes as 1. Ad Hoc 2. Repetable 3. Controlled 4. Managed 5. Optimized Understanding how end-to-end processes work, the inter-relationships between them and how they contribute value to producing products or delivering services is fundamental to process improvement and operational effectiveness. .

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Taylor and Jordan are married and file a joint tax return claiming their two children, ages 110 and 9 as dependents. Their AGI for 2015 is 90,000. Taylor and Jordan\'s child tax credit for 2015 is: Solution Solution. D. 2,000 Amount - With the Child Tax Credit, you may be able to reduce your federal income tax by up to $1,000 for each qualifying child under the age of 17. Qualification - A qualifying child for this credit is someone who meets the qualifying criteria of six tests: age, relationship, support, dependent, citizenship, and residence. Age Test - To qualify, a child must have been under age 17 â€“ age 16 or younger â€“ at the end of 2010. Relationship Test - To claim a child for purposes of the Child Tax Credit, they must either be your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister or a descendant of any of these individuals, which includes your grandchild, niece or nephew. An adopted child is always treated as your own child. An adopted child includes a child lawfully placed with you for legal adoption. .

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Terri Keyâ€™s son Taylor was diagnosed with Touretteâ€™s syndrome, obsessive- compulsive disorder, and ADH disorder. Terri was dissatisfied with Taylorâ€™s experience in public school and enrolled him at St. Michaelâ€™s Catholic School. He was forced to withdraw after a year and a half because of persistent behavior problems and trouble Terri allegedly caused with other parents. She sued the school, alleging that the school represented it would work with Taylor to address his specific educational needs, including that his teacher had 27 yearsâ€™ experience working in the schools and â€œcould handle things.â€ Was this agree- ment specific enough to be enforceable? Explain. Solution The court stated that appellant did not allege facts arising out of a contractual obligation for which appellees would be obligated to appellant or her son; that appellant failed to state incidences of specific conduct so outrageous in nature as to go beyond all possible bounds of decency and to be regarded as intolerable in a civil society; that appellant failed to establish the existence of a fiduciary duty; that she failed to establish a standard of care owed or breached by appellees; and that she failed to state facts demonstrating any intentional failure on the part of any appellee to perform a manifest duty in reckless disregard of the consequence. .

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The accrual basis of accounting requires revenue to be recorded when the service is performed. True or False Solution True Explanation: Accrual Basis: Under the accrual basis accounting, revenues and expenses are recognized as follows: Revenue recognition: Revenue is recognized when both of the following conditions are met: a. Revenue is earned. b. Revenue is realized or realizable. - Revenue is earned when products are delivered or services are provided. - Realized means cash is received. - Realizable means it is reasonable to expect that cash will be received in the future. Expense recognition: Expense is recognized in the period in which related revenue is recognized (Matching Principle). Cash Basis Accounting: Under cash basis accounting, revenues and expenses are recognized as follows: Revenue recognition: Revenue is recognized when cash is received. Expense recognition: Expense is recognized when cash is paid. .

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The Access Point bridge needs its own DHCP server since it is on a different subnet. *True *False Solution It is true. The uncertainty arises due to the way that we\'re regularly looking at re-configuring routers as repeaters, and not utilising standalone, dedicated devices. Routers don\'t allow the task of their own local IP address utilising DHCP. To have the router reference itself doesn\'t make much point as the fact it\'s deciding the IP network, gateway IP, DNS server(s), and providing the DHCP server. In other words, the switch isn\'t typically a client to anything on the local system or network. Rather, it takes care of business for others by building up its own local IP address (e.g., 192.168.1.1), and by extension, the system or network that suggests (e.g., 192.168.1.x). So now you choose to transform that router into a repeater. In any case, again, it was never intended to allocate itself a local IP address through DHCP (as I portrayed previously). Furthermore, in the event that you can\'t utilise DHCP to appoint the local IP address, then you absolutely don\'t need the static IP you do you do assign to conflict with any IP address that may be given out by the primary router\'s DHCP server to some other device. .

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Solution 1. Current RatioCurrent Assets/ Current Liabilities Current Assets= Cash+Short Term Investments+Accounts Receivable+Inventories=Â Â Â Â Â 310+260+310+320=1200 Current Liabilities=510 Current Ratio=1200/510= 2.35 2. Acid Test RatioÂ Â =Liquid Assets/Current Liabilities Liquid Asset= Cash+Short Term Investments+Accounts Receivable=310+260+310=880 Acid Test RatioÂ Â = 880/510 = 1.72 3. Debt to Equity Rati= Total Liabilities/Total equity Total Liabilities= current+long term liabilities= 510+460=970 Total Equity= paid up capital+retained earnings=1300+1030=2330 Debt Equity Ratio=970/2330=.42 4. Times Interest Earned Ratio=EBIT/Interest Expense EBIT=Net Income+Interest+Tax=270+100+100=470 =470/100=4.7 .

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The <meta charset=“utf-8”> element specifies what scheme the web page uses for \"mapping\" characters to binary codes. Where must this element be placed in the web page file? options: In the <BODY> element. In the <DOCTYPE> element. In the <HEAD> element. In the <header> element. Solution Ans: C) In the <HEAD> element. <meta> tags always go inside the <head> element. Metadata is always passed as name/value pairs. The content attribute MUST be defined if the name or the http-equiv attribute is defined. If none of these are defined, the content attribute CANNOT be defined. .

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Sustainability is an important ethical and environmental issue in purchasing. Describe one material, product, or service that can contribute to sustainability in a project you have been involved with, or in your current organization. Describe how these decisions enable the organization to avoid violations in terms of environmental issues Solution Sustainable Business Practices Introduction: The Role of Business Economic structures and policies create the context for throughput, but it is individual business operations that are responsible for the actual throughput activities in the production of goods and services. The specific technologies they use have a significant impact on the amount and types of materials that go through the production cycle of extraction, manufacture, use and waste. In the past, the impact of various technologies on the environment was not a significant issue for business planning and operation. The effects of burning coals were too obvious to ignore in the late 19th and early 20th centuries, but even British royalty could not exert enough authority to reduce the pollution created. Concerns for the environmental impact of business activities arouse in earnest in the latter part of the 20th century with the evidence of chemical pollution, a variety of environmentally significant industrial accidents, opposition of indigenous peoples to logging and mining operations, and the discovery of human impacts on global systems such as the atmospheric ozone layer and climate (see Areas of Concern). The accumulating evidence of serious environmental and human health effects triggered citizen protests, and led governments to begin exerting influence on businesses to clean up their act. Environmental concerns arose for individual nations (eg. with the US establishing the Environmental Protection Agency in 1969) and within the United Nations (eg. UNESCO .

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Thank you. Let Phi: R rightarrow S be a surjective homomorphism from the ring R to the ring S. Prove that if T is a subring of R, then the set W= {b S such that b = Phi(c) for some c T} is a subring of S. [Be specific of how and where you use that T is a subring of R.] Solution for this we only have to prove that there exist identity if b is in W then tere is a element -b in W such that b - b = 0 so if phi(c) = b then phi(-c) = -b where c and -c are in T since T is a subring since phi is homeomorphism. now if b and c are in W then there are d and f in T such that phi ( d) =b and phi (f) = c then phi (df) = phi(d) phi(f) = bc in W so W is a ring and since it is subset of S so it is subring of S .

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class is intro to computers - studying environmental studies and law eventually to become environmental lawyer. ? I need help with is - what areas of computing will be most beneficial for me to understand in realtionship to my career and if i work from home how will understanding computer hardware and software help me when communicating in groups and other countries? Solution The Internet also alters our perception of duration. Sometimes, when working on an obstinately analog process such as the actual fabrication of an object, the internalized shadow of fleeting Internet time in our consciousness makes us perceive how the inevitable delays inherent in the fashioning of things (in all their messy \'thingness\') ground us into appreciating the rhythms of the real world. In this way, the Internet\'s pervasive co-presence with real world processes, ends up reminding us of the fact that our experience of duration is now a layered thing. We now have more than one clock, running in more than one direction, at more than one speeds. .

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Common Stock Dividends Distributable is reported in the balance sheet: as an addition to retained earnings. in paid-in capital as an addition to common stock issued. as an asset. as a liability Solution Common stock divodend distributable after its declaration become a liability to the company therefore it is shown in liability. The amount is not a earning retained by company for its future use therefore it can not be shown as retained earning nor its a part of common stock .

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column on the pericol tabie iOus Ciou f States that the properties of elements repeat in a recurring pattern when ordered by increasing, atomic number 2 The ions of six metals are investigated in x metals are investigated in this experiment. Name the six. Calaium ion Lithiu lon Skont Iom On 3 When performing a flame test, which element i s often present as an impurity? How can the presence of this impurity be distinguished from its presence as a primary component of a solu he ions of three halogens are investigated in this experiment. Name the three halogens. ne on ne ion Solution Sodium is often present as an impurity. In most of the flame test for other elements sodium impurities would give a yellow colour to the flame. However presence of Sodium as a main component of the solution and as an impurity can be easily determined by observing the intensity of the flame. The presence of Sodium in bulk amount in a mixture will give an intense bright Yellow colour to the flame. But Sodium impurities only gives a dull yellow colour. Use of a Cobalt glass can filter the yellow colour produced by sodium impurity from the flame test. .

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Cloud Computing Theory and Practice chapter 2 problem 7 Tuple-spaces can be thought of as an implementation of a distributed shared- memory. Tuple-spaces have been developed for many programming languages including Java, Lisp, Python, Prolog, Smalltalk, and Tcl. Explain briefly how tuple spaces work. How secure and scalable are the tuple spaces you are familiar with, e.g., JavaSpaces? Solution Definition : A tuple space is an execution of the associative memory model for distributed/parallel computing. It offers a library of tuples, which can be accessed simultaneously. Tuples are terms with zero or more arguments and a key. Explanation: The collection of tuples supports some basic operations, such as adding a tuple to the space (write) and removing a tuple from the space (take). The tuple collection is kept and managed over a network of multiple tuple space servers. A tuple space is, as its name suggests, a place where processes can put, read, and take tuples, which are in turn just sequences of values is a tuple made up of a string, an integer, and a floating-point number; a tuple space can contain zero or more copies of that tuple, or of tuples containing other types of values, simple or complex. A process puts something in tuple space with put(value, value, ...). It can take something out with take(...), or copy something (leaving the original in tuple space) with copy(...). The arguments to take(...) and copy(...) are either actual values, or variables with specific types; values match themselves, while types match things of that type. .

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Clint is Marilyn\'s supervisor. Marilyn is a dedicated part-time employee who is known for taking on responsibility. Clint joked with his colleague that he could trick Marilyn into completing a project for him so that he could take a long weekend. Clint told Marilyn that only she had the skills and conscientiousness to complete the project properly and on target and, further, that it would be a big favor to him if she would accept the challenge. Marilyn agreed to do the project. However, when she could not reach Clint over the weekend to obtain some additional explanation that was critical to completing the project, she left it incomplete. Clint placed full responsibility for the failure squarely on Marilyn, who now feels that her stellar record has a big blemish. Marilyn is lamenting all this, and after giving up her entire weekend with no extra pay, to boot. Solution (1) Clint broke the rule of regulations which was addition of extra explanation which was going beyond the topic. (2) Marlyn broke the rules of regulation which was failur to complete the project on time. (3) The common mistakes made by both Clint and Marlyn is that lack of skills utilisation over the work allocated. (4) Marlyn could recover from the mistakes commited from her by making correct decision using complete common sense and correct precsion in time. .

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Cleary, Wasser, and Nolan formed a partnership on January 1, 2010, with investments of $100,000, $150,000, and $200,000, respectively. For division of income, they agreed to (1) interest of 10% of the beginning capital balance each year, (2) annual compensation of $10,000 to Wasser, and (3) sharing the remainder of the income or loss in a ratio of 20% for Cleary, and 40% each for Wasser and Nolan. Net income was $150,000 in 2010 and $180,000 in 2011. Each partner withdrew $1,000 for personal use every month during 2010 and 2011. 1.What was Wasser\'s total share of net income for 2010? (answer should be $63,000) 2. What was Nolan\'s capital balance at the end of 2010?(answer should be $246,000) 3.What was wasser\'s total share of net income for 2011? (answer should be $75,000) please show your work- thank you Solution Year 2011 .

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Classify each of the compounds as Soluble (s) or Not Soluble (ns) : Solution I am considering solubility in water. Barium carbonate is a white powder. It is insoluble in water and soluble in most acids. Not Soluble (ns) in water. Potassium Acetate is hygroscopic and soluble in water, alcohol, methanol, and ammonia. Soluble (s) in water. Sodium sulfide is a colorless hygroscopic solid. It is a water soluble salts. Soluble (s) in water. .

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Choose the statement below that is TRUE. Choose the statement below that is TRUE. Solution The formation of solution is depends on the interactions between solute and solvent. If these interactions are greater than or equal to solute solute or solvent solvent interactions then solution is formed. Hence correct option is, A solution will form between two substances if the solute-solvent interactions are of comparable strength to the solute-solite and solvent-solvent interactions. .

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