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CMPE 131

Chapter7

1. We call a statement in any language a computed case type of statement if it branches to one of several areas in the program, depending on the value of a variable. Discuss the positive and negative aspects of a computed case statement. In particular, how does it affect control How? Maintainability? Re-usability? 

2. If one person has written a component but others have revised it, who is responsible if the component fails? What are the legal and ethical implications of reusing someone else’s component? 

5. You are asked to write a program to print out a yearly calendar. The user enters the year desired, and the output is a calendar for that year. Discuss how the representation of internal data will affect the way in which the program is written. Give several examples of data structures that might be used in such a problem. (Hint: Are your data structures cumulative or not? How is a leap year handled?) 

8. Look at a program you have submitted as a project in another class. Can it be improved by using the suggestions in this chapter? If so, how? Does incorporating these suggestions make your program more or less efficient? 

9. What are the advantages and disadvantages of using the same standardized language or tools across all applications in your organization? 

Chapter8

7. See files

10. A program is seeded with 25 faults. During testing, 18 faults are detected, 13 of which are seeded faults and 5 of which are indigenous faults. What is Mills’s estimate of the number of indigenous faults remaining undetected in the program?

 11. You claim that your program is fault-free at a 95% confidence level.

 Your test plan calls for you to test until you find all seeded faults. With how many faults must you seed the program before testing in order to substantiate your claim? If for some reason you do not intend to find all seeded faults, how may seeded faults does the Richards formula require? 

Comp-Xm Final Questions

Digby’s balance sheet has $94,680,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Digby’s book value?
Select: 1
$92,679,000 $96,680,000 $38,651,000 $88,679,000
Which company has the least efficient SG&A/Sales ratio?
Select: 1
Chester Baldwin Andrews Digby
Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the product Drum entirely off the market this year. Assume Digby scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Digby or other companies. Without Digby’s product Drum how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000).
Select: 1
7,278 3,886 8,528 8,256 9,506 9,236 4,618
In the month of March the Digby Corporation received and delivered orders of 178,000 units at a price of $15.00 for revenue of $2.670mil for their product Dim. Digby uses the accrual method of accounting and offers 30 day credit terms. By the end of May Digby had collected payments of $2.670mil for the March deliveries. How much of the collected $2.670mil should Digby show on the March 31st income statement and how much on the May 31st income statement?
Select: 1
$0 in March;$2.670mil in May $0.881mil in March;
$1.789mil in May $1.335mil in March;
$1.335mil in May $2.670mil in March;
$0 in May
Chester Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives.   How much will the company pay in separation costs if each worker receives $5,000 when separated?
Select: 1
$122,000 $1,094,000 $305,000 $2,735,000
Assume Andrews is paying a dividend of $1.50 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?
Select: 1
109.09% 177.27% .73% 136.36%
Last year Ark charged $3,040,000 Depreciation on the Income Statement of Andrews. If Ark sold a fully depreciated piece of equipment at a loss, the effect on Andrews’s financial statements would be (all other items remaining equal):
Select: 1
Increase Net Cash from operations Decrease Net Cash from operations on the Cash Flow Statement Just impact the Balance Sheet No impact on Net Cash from operations
Assume Baldwin is producing 1,568 units of Bolt next year. What would Bolt’s plant utilization be?
Select: 1
96.90% 93.10% 95.00% 96.02%

FIN 100

Chapter 9: 

· P6. Determine the present values if $5,000 is received in the future (i.e., at the end of each indicated time period) in each of the following situations:

· 5 percent for ten years

· 7 percent for seven years

· 9 percent for four years

· P9. Assume you are planning to invest $5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your first $5,000 is invested at the end of the first year.

· P10. Determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.

· P11. What is the present value of a loan that calls for the payment of $500 per year for six years if the discount rate is 10 percent and the first payment will be made one year from now? How would your answer change if the $500 per year occurred for ten years?

· P12.  Determine the annual payment on a $500,000, 12 percent business loan from a commercial bank that is to be amortized over a five-year period.

· P13.  Determine the annual payment on a $15,000 loan that is to be amortized over a four-year period and carries a 10 percent interest rate. Also prepare a loan amortization schedule for this loan.

· P15. Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan’s eight-year life.

· At what amount could this loan be sold for to another bank if loans of similar quality carried an 8.5 percent interest rate? That is, what would be the present value of this loan?

· Now, if interest rates on other similar-quality loans are 10 percent, what would be the present value of this loan?

· What would be the present value of the loan if the interest rate is 8 percent on similar-quality loans?