C. Au café Complete each sentence with the correct form of the verb in parentheses. (6 pts.—1 ea.)
Without using a calculator, give the exact trigonometric fun…
Without using a calculator, give the exact trigonometric function value with rational denominator. (3 pts)sec 30°
Identify the quadrant for the angle θ satisfying the followi…
Identify the quadrant for the angle θ satisfying the following conditions. (2 pts)tan θ < 0 and sin θ < 0
Combien [1] (coûter) les croissants?
Combien (coûter) les croissants?
Marisa is a BCBA working with a marketing firm to train new…
Marisa is a BCBA working with a marketing firm to train new employees on essential job-related skills. After providing clear instructions and demonstrating (modeling) the desired behaviors, what should Marisa do next as part of the Behavioral Skills Training (BST) procedure?
This question is worth 30 points. Please use the Excel file…
This question is worth 30 points. Please use the Excel file to finish this question. Template_Final exam essay question 031225-1.xlsx Here are the details of the question: BMBA 9460 group is carrying out a set of analysis to decide whether to start a new company called MBA Starters Inc (MS). If we start MS in 2025, MS will have no sales in 2025. MS is expected to have sales of $150 million in 2026 and the sales will grow at the rate of 20% in 2027; 30% in 2028; 20% in 2029; and 2% from 2030 on forever. We expect that net income will be 48% of sales (based on the estimation that EBIT to be 60% of sales and we have to pay a corporate tax rate of 20%). We expect that increases in net working capital requirements to be 9% of any increase in sales, capital expenditures to be 7% of sales, and depreciation expenses to be 6% of sales. The weighted average cost of capital is estimated to be 16%. To start the company, we need to invest $700 million at the end of 2025. As a potential CEO, would you recommend us to start the new company based on the NPV? What’s the potential value of this decision? (hint: The potential value can be measured using the NPV of the project.) If we are planning for an IPO at the beginning of 2026 to sell all the equity for 30 million shares, what is the fair price for each share of our company stock? What’s the internal rate of return (IRR) of the project assuming that we invest and sell the firm at the beginning of 2031? Would you recommend us to start the new company based on the IRR? More specifically, (2 points) the sales in 2031 is calculated as __________× _________ = __________; (2 points) the net income in 2030 is calculated as __________× _________ = __________; (2 points) the depreciation in 2029 is calculated as __________× _________ = __________; (2 points) the capital expenditure in 2028 is calculated as __________× _________ = __________; (3 points) the increase in the net working capital in 2027 is calculated as __________________________________________ = __________; (3 points) the free cash flow in 2026 is calculated as ___________________________________________________________ = __________; (3 points) the terminal firm value at the beginning of 2031 is calculated as ___________________________________________________________ = __________; (3 points) the total firm value at the beginning of 2026 is calculated as ___________________________________________________________ = __________; (2 points) the fair stock price at the IPO is calculated as ________________________________________________________ = __________per share; (3 points) the NPV of this project before we make any investment is calculated as (You can either write the formula for the NPV calculation or the financial keys that you use to calculate the NPV here.) ___________________________________________________________ = __________; (1 point) based on this NPV, we ___________________(should or shouldn’t) start the new company. (3 points) The internal rate of return (IRR) of the project assuming that we invest and sell the firm at the beginning of 2031 is ___________________________%. (1 point) based on this IRR, we ___________________(should or shouldn’t) start the new company. Extra point questions: Sensitivity Analysis (1 point) Based on the following input variables to carry out sensitivity analysis of NPV over Sales and Required Return respectively. Variable Pessimistic Expected Optimistic Sales of 2026 ($million) 100 150 200 Required Return 20% 16% 12% NPV using Sensitivity Analysis ($million) Pessimistic Expected Optimistic Sales of 2026 Required Return 2. Scenario Analysis (1 point) Based on the following input variables to carry out scenario analysis of NPV over pessimistic, expected, and optimistic scenarios. Explain why the results scenario analysis are generally different from those from sensitivity analysis. Variable Pessimistic Expected Optimistic Sales of 2026 ($million) 100 150 200 Required Return 20% 16% 12% NPV using Sensitivity Analysis ($million) Pessimistic Expected Optimistic NPV If you used the Excel template file, please upload your completed Excel file at the end of the exam for this question. If you did not use the Excel file, you may type your answer in the text field. If you upload your Excel file, please name it LastName_FirstName_Essay.xlsx.
B. Je prends… Maryse and Laëtitia are at a café, discussin…
B. Je prends… Maryse and Laëtitia are at a café, discussing what they are planning to order. Complete their conversation with the correct forms of the partitive or indefinite articles. (5pts.—1ea.)
**Which physical exam finding would you expect to find in a…
**Which physical exam finding would you expect to find in a patient experiencing an asthma exacerbation?
According to Figure 1, low-ranking males generally had _____…
According to Figure 1, low-ranking males generally had _____________ cortisol levels than high-ranking males.
Maryse Moi, je prends (1) [1] pizza. Toi aussi? Laëti…
Maryse Moi, je prends (1) pizza. Toi aussi? Laëtitia Non, je ne prends pas (2) pizza. Je prends (3) sandwich au jambon. Maryse J’ai très soif. Je prends aussi (4) eau minérale. Et toi? Laëtitia Je prends (5) thé.