Sisters Corp expects to earn $6 per share next year. The firm’s ROE is 12% and its plowback ratio 1 answer below »

Sisters Corp expects to earn $6 per share next year. The firm’s ROE is 12% and its plowback ratio is 60%. If the firm’s market capitalization rate is 8%.

a.

Calculate the price with the constant dividend growth model.

 

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Create a new table with the following column headings: Reaction, Mass of NaOH, Initial…

Create a new table with the following column headings: Reaction, Mass of NaOH, Initial

Temperature, Final Temperature, Heat Energy Released, Moles of NaOH, and Molar

Heat of Reaction. You will have a row for each part of this experiment, representing each

reaction that was performed. This will count as your data summary table.

Fill in the table, showing your calculations neatly for each part separately. For the initial

temperature when two solutions are involved, average the temperature of both solutions

together. Refer back to chapter 5 if you need help with the Heat Energy Released (q) and

the Molar Heat of Reaction (?Hrxn).

Post Lab

1. Write the net ionic equations for each reaction.

2. Arrange the net ionic equations from this experiment to show an example of Hess’s

Law. (Reminder: Hess’s Law is when you add 2 reactions together to match a 3rd

“product reaction”.)

3. Calculate the enthalpy of reaction of the “product reaction” based on the enthalpies of

the two reactions you used to model it.

4. Calculate the percent difference (not percent error) between the measured enthalpy in

the experiment and the calculated enthalpy of the “product reaction”.

Attachments:

 

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500g of water is added to 7.5g of 25% NaCl solution. What is mass percent of NaCl in the diluted sol

500g of water is added to 7.5g of 25% NaCl solution. What is mass percent of NaCl in the diluted solution

    • Posted: 4 years ago
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    Examine the institutional arrangements and the major steps in the development of European Union-leve

    Examine the institutional arrangements and the major steps in the development of European Union-level financial regulation. How have the EU members and institutions shaped EU financial regulatory reforms?

     

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    In an international organization, which HR practice do you believe would be most useful to the emplo

    In an international organization, which HR practice do you believe would be most useful to the employees? Please support your answer.

      • Posted: 4 years ago
      • Due: 14/03/2016
      • Budget: $7
       

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      In a paper at least 750 to 1000 words, discuss the possible connections between John Keat’s “Ode on

      In a paper at least 750 to 1000 words, discuss the possible connections between John Keat’s “Ode on a Grecian Urn” and Gianlorenzo Bernini’s sculpture Apollo and Daphne. Consult at least two sources that explain the mythological background of the event depicted in the sculpture. These two sources must have an .edu URL. Please also provide a Works Cited Page. That page will contain three sources (the poem is one of them). Please follow MLA format. Please include direct quotations as well as paraphrased references. In either case, be sure to include the line numbers of the poem in the parenthetical reference. You must use the Dover text for this paper as other versions of this poem have different spelling and punctuation.

       

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      leadership: In this week’s module, we talked about changing behavior. For this discussion assignment

      leadership:
      In this week’s module, we talked about changing behavior. For this discussion assignment, share two behaviors that you would like to change about yourself regarding your work or life. Then list the “micro-actions” you would take for each behavior. Be sure to address how changing these behaviors will help you at your work or in your life.

      Accounting

      Anton Blair is the manager of a medium-sized company. A few years ago, Blair persuaded the owner to base a part of his compensation on the net income the company earns each year. Each December, he estimates year-end financial figures in anticipation of the bonus he will receive. If the bonus is not as high as he would like, he offers several recommendations to the accountants for year-end adjustments; one of his favorite recommendations if for the controller to reduce the estimate of doubtful accounts.

      In your response, address the following:

      • What effect does lowering the estimate of doubtful accounts have on the income statement and balance sheet?
      • Do you believe Blair’s recommendation to adjust the allowance for doubtful accounts is within his right as a manager, or do you believe this action is an ethics violation? Justify your response.
      • What type of internal control(s) might be useful for this company in overseeing the manager’s recommendations for accounting changes?

       

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        You are working in the finance department of Innotech Ltd (INT). The Company has spent $3.4… 1 answer below »

        You are working in the finance department of Innotech Ltd (INT). The Company has spent $3.4 million in research and development over the past 12 months developing battery technology which will be incorporated into the Australian luxury car market. INT now need to choose between the following three options for bringing the product to market.

        These options are:

        Option 1: Manufacturing the product “in-house” and selling directly to the market

        Option 2: Licensing another company to manufacture and sell the product in return for a royalty

        Option 3: Sell the patent rights outright to the company mentioned in option 2

        Your task

        Your manager, INT’s CFO, Mr Barry Smith, has asked you to evaluate the three different options and draft a memo to the Board of Directors providing recommendations on the alternatives, along with supporting analyses. Mr Smith has outlined the following three (3) areas you need to cover in your memo:

        a) Analyse base case figures for the three options and using NPV as the investment decision rule;

        b) Provide recommendations based on the base-case analyses;

        c) Provide recommendations on further analyses and discuss factors that should be considered prior to making a final decision on the three options (Note. You do NOT have to undertake any further financial analyses).

        Further details for the various options are as follows:

        Year Estimated sales volume (units)

        Year 1- 5,300 (units)

        Year 2- 4,770 ” “

        Year 3- 4,293 ” “

        Year 4- 3,864 ” “

        Year 5- 3,671 ” “

        Option 1: Manufacturing the product “in-house” and selling directly to the market

        Three months ago, INT paid an external consultant $1.2 million for a production plan and demand analysis. The consultant recommended producing and selling the product for five years only as technological innovation will likely render the market too competitive to be profitable enough after that time. Sales of the product are estimated as follows:

        In the first year, it is estimated that the product will be sold for $40,000 per unit. However, the price will drop in the following three years to $35,000 per unit and fall again to $33,000 per unit in the final year of the project, reflecting the effects of anticipated competition and improving technology Year Estimated sales volume (units) 1 5,300 2 4,770 3 4,293 4 3,864 5 3,671 in the market. Variable production costs are estimated to be $27,300 per unit for the entire life of the project.

        Fixed production costs (excluding depreciation) are predicted to be $3.1 million per year and marketing costs will be $1.5 million per year.

        Production will take place in factory space the company owns and currently rents to another business for $2 million per year. Equipment costing $90 million will have to be purchased. This equipment will be depreciated for tax purposes using the prime cost method at a rate of 10% per annum. At the end of the project, the company expects to be able to sell the equipment for $40 million.

        Investment in net working capital will also be required. It is estimated that accounts receivable will be 25% of sales, while inventory and accounts payable will each be 20% of variable and fixed production costs (excluding depreciation). This investment is required from the beginning of the project because credit sales, inventory stocks and purchases on trade credit will begin building up immediately. All accounts receivable will be collected, suppliers paid and inventories sold by the end of the project, thus the investment in net working capital will be returned at that point. (Refer to example provided in Assessment Details).

        Option 2: Licensing another company to manufacture and sell the product in return for a royalty

        Lion Batteries Ltd (LIB), a multinational corporation, has expressed an interest in manufacturing and marketing the product under license for 5 years. For each unit sold, LIB will pay $1,000 royalty fees per unit to INT as part of its licensing agreement. Due to LIB’s international reach and strong distribution networks, it is estimated that they can sell 5% more units each year than INT.

        Option 3: Sell the patent rights outright to the company mentioned in option 2

        As an alternative to a licensing arrangement, LIB has offered to buy the patent rights to the product design from INT for $15 million. This amount would be paid in 4 (four) equal annual instalments, with the first payable immediately.

        General Information Relevant to the Analysis

        INT’s cost of capital is 12% and the company is subject to a 30% tax rate. Assume that royalties and patent right payments are treated as assessable income for tax purposes and that tax is paid at the end of the year in which the income is received. The company is not eligible for any research and development tax deductions. During the project analysis period(s), INT is expected to have other sources of taxable income.

        Marking Criteria Your manager at INT has asked that you structure your memo to begin with a (maximum) one-page summary of your method, key findings and recommendations, supported by no more than three additional pages showing input assumptions, estimated cash flows and supplementary analysis detail and discussion.

        Table format for presenting numerical analyses is preferable. Ensure that readers will be able to easily follow what you have done. You may wish to use footnotes under tables that clarify calculations, details and/or assumptions where this is not clear from the table itself.

        This assignment has a 30% weighting in your overall mark for this unit. It will be marked out of 30. Marks will be allocated as per rubric on following page based on:

        ? Accurate analysis of base case figures (18 marks)

        ? Sound recommendations on the alternatives founded on base case analyses (1.5 mark)

        ? Insightful recommendations for further considerations prior to final decision (7.5 marks)

        ? Memo format and professionalism of communication (3 marks).

         

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        Topic: Should demonitization be advocated in India? What is the business impact and ethical…

        Topic: Should demonitization be advocated in India? What is the business impact and ethical effects it caused during the implementation.

        This Assessment Task relates to the following Learning Outcomes:

        • Critical engagement with the major ethical theories that have informed the development of the business ethics literature.
        • An ability to analyse and critically evaluate moral theories and arguments.
        • An ability to relate ethical theories to relevant business case studies and current events.
        • The ability to undertake qualitative research, including analysing previous literature and applying theoretical frameworks to a real-world business ethics issue.
         

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