Engineering and Computer Science Mechanical Engineering Department Mechanical Engineering 370 Thermodynamics | | | |Fall 2010 Course Number: 14319 Instructor: Larry Caretto | Unit Two Homework Solutions, September 9, 2010 1 A frictionless piston-cylinder device initially contains 200 L of saturated liquid refrigerant-134a. The piston is free to move, and its mass is such that it maintains a pressure of 900 kPa on the refrigerant
Words: 2449 - Pages: 10
resources * Fixed resources: quantity/quality of production factors fixed * Fixed technology: methods used to produce output(state of technology) constant * Two goods: economy produce only two goods; both consumer and capital goods (McConnell and Et. Al., 2012). “Each point on the curve represents some maximum output of two products” (McConnell and Et. Al., 2012). “Gross Domestic Production (GDP is the total market value of all final goods/services produced annually within boundaries of
Words: 1236 - Pages: 5
probably a good one (in terms of cost only). The cost of capital takes into account the cost of debt and the cost of equity. The cost of debt could be the effective interest or coupon rate a firm currently pays on its debt. It could also be the rate of return required by a firm’s creditors. The cost of debt is often calculated net of taxes, since firms can deduct interest expense from their income for tax purposes. The after-tax cost of debt is equal to the pretax cost of debt times one minus the firm’s
Words: 1035 - Pages: 5
Case Questions Case #5 – Marriott Corporation: The Cost of Capital 1. Are the four components of Marriott’s financial strategy consistent with its growth objective? 2. How does Marriott use its estimate of its cost of capital? Does this make sense? 3. What is the weighted average cost of capital for Marriott Corporation? a. What risk free rate and risk premium did you use to calculate the cost of equity? b. How did you measure Marriott’s cost of debt? 4. If Marriott used a single corporate
Words: 3319 - Pages: 14
to the financial markets, both to savers who wish to purchase financial instruments directly and to borrowers who want to issue them; also known as financial intermediaries. | | | | Financial instrument | The written legal obligation of one party to transfer something of value (usually money) to another party at some future date, under certain conditions. | | | | Financial market | The part of the financial system that allows people to buy and sell financial instruments quickly
Words: 8336 - Pages: 34
us that it consists of two components: a nucleus surrounded by an electron cloud. From an electrical point of view, the nucleus is said to be positively charged and the electrons negatively charged. Whereas from a size point of view, the radius of an atom is 10-10. A simple description of the nucleus tells us that is is composed of protons and neutrons. These two particle types are collectively called nucleons (particles which inhabit the nucleus. In a nucleus, there is two classification, those are
Words: 1128 - Pages: 5
compensation packages are discussed in the news are the CEOs from the largest American corporations and likely do not represent the average American CEO. Also, many times when CEO payouts are discussed in the news it is not a one year payout but instead a multi-year payout. Plus, many companies need to pay high salaries and incentives to attract successful CEOs from other companies. This alone drives the overall salary and compensation packages for CEOs but does not necessary point to them being overpaid
Words: 944 - Pages: 4
Introduction to Oracle9i: SQL Instructor Guide • Volume 1 40049GC11 Production 1.1 October 2001 D33993 Authors Copyright © Oracle Corporation, 2000, 2001. All rights reserved. Nancy Greenberg Priya Nathan This documentation contains proprietary information of Oracle Corporation. It is provided under a license agreement containing restrictions on use and disclosure and is also protected by copyright law. Reverse engineering of the software is prohibited. If this documentation
Words: 33197 - Pages: 133
MERCURY ATHLETIC FOOTWEAR Problem statement: West Coast Fashions, Inc a large business of men’s and women’s apparel decided to dispose of one of their segments; Mercury Athletic. John Liedtke, head of the business development for Active Gear, Inc saw it has a possible opportunity for them to acquire it. The footwear industry is very competitive, with low growth and stable profit margins. AGI is very profitable but it is smaller than its competitors, which is becoming a disadvantage. Therefore
Words: 3113 - Pages: 13
examined how to evaluate the appropriate level for a valueweighted measure such as the Standard and Poor’s 500 composite index or the Wilshire 5000. At one point in the discussion, we noted that the expected return on a portfolio that is composed of such an index, what we will call the market portfolio, is equal to the risk-free interest rate (rf) plus risk premium (rp). (See page 190 of Chapter 8.) To make things slightly easier, we will labels this expected return on the market portfolio rm =rf+rp
Words: 690 - Pages: 3
