Adirondack savings bank (asb) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. the annual rates of return for the three types of loans are 4% for home loans, 14% for personal loans, and 11% for automobile loans. the bank’s planning committee has decided that at least 40% of the new funds must be allocated to home loans. in addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans.(a) formulate a linear programming model that can be used to determine the amount of funds asb should allocate to each type of loan to maximize the total annual return for the new funds. if the constant is "1" it must be entered in the box. if your answer is zero enter "0".let h = amount allocated to home loansp = amount allocated to personal loansa = amount allocated to automobile loansmax h + p + a s. t. h + p + a ≥ minimum home loansh + p + a ≤ personal loan requirementh + p + a = amount of new funds

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Atelephone call center uses three customer service representatives (csrs) during the 8: 30 a.m. to 9: 00 a.m. time period. the standard service rate is 3.0 minutes per telephone call per csr. assuming a target labor utilization rate of 80 percent, how many calls can these three csrs handle during this half-hour period?