Posts

Showing posts from July, 2013
1. Ben Woolmer has an investment that will pay him the following cash flows over the next five years: $8,061, $4,266, $9,547, $4,399, and $7,327. If his investments typically earn 9.72 percent, what is the future value of the investment’s cash flows at the end of five years? Round answer to 2 decimal places, e.g. 15.25.) 2. Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $11,009, $13,949, $8,595, $9,780, and $12,151. If the appropriate discount rate is 13.332 percent, what is the cost in today’s dollars of the equipment Saul purchased today? (Round answer to 2 decimal places, e.g. 15.25.) 3. Calculate effective annual interest rate (EAR) for the following investments. a. A bank CD that pays 8.13 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to 2 decimal places, e.g. 15.25%.) b. A bank CD that pays 8.13 percent
Image
Are you sure you want to mark this question "Suicidal Customer"?  If you do, the question will be closed and an email will be sent to the customer with links and phone numbers to suicide prevention resources.  Thank you for taking the time to report this.-- Report --"Best Of" JACustomer Service/RefundsDuplicate QuestionMiscategorizedOpen QuestionPersonal InfoSend to Category ModSuicidal CustomerUnder 13Underpriced   (1) Harry and Sally are considering forming a partnership. Both taxpayers use the calendar year and are cash basis taxpayers. The partnership will not be a tax shelter. The partners are uncertain as to whether the partnership should use the cash or accrual method of accounting. Also, the idea of a tax deferral in the first year of operations has led them to consider using a June 30 fiscal year-end for the partnership. As their tax adviser, identify the issues that must be considered in selecting an accounting method and tax year for the partners
Image
(TCO D) Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar). The December 31, 2010 balance sheet of Wolfe Co. included the following items: 7.5% bonds payable due December 31, 2018 $1,200,000 Unamortized discount on bonds payable 48,000 The bonds were issued on December 31, 2008 at 95, with interest payable on June 30 and December 31. (Use straight-line amortization) On April 1, 2011, Wolfe retired $240,000 of these bonds at 101 plus accrued interest. AFTER PAYMENT ENTER PASSWORD : "SHIV" TO UNLOCK THE SOLUTION
Image
E1-17 Runcke Motor Company manufactures automobiles. During September 2011 the company purchased 5,000 head lamps at a cost of $9 per lamp. Runcke withdrew 4,650 lamps from the warehouse during the month. Fifty of these lamps were used to replace the head lamps in autos used by traveling sales staff. The remaining 4,600 lamps were put in autos manufactured during the month. Of the autos put in production during September 2011, 90% were completed and transferred to the company’s storage lot. Of the cars completed during the month, 75% were sold by September 30. Instructions (a) Determine the cost of head lamps that would appear in each of the following accounts at September 30, 2011: Raw Materials, Work in Process, Finished Goods, Cost of Goods Sold, and Selling Expenses. (b) Write a short memo to the chief accountant, indicating whether and where each of the accounts in (a) would appear on the income statement or on the balance sheet at September 30, 2011 AFTER PAYMENT ENTE
Image
It has a 3-year lifetime The initial investment in the project will be $23 million, and the investment will be depreciated straight line, down to a salvage value of $9 million at the end of the fourth year. The revenues are expected to be $24 million next year and to grow 7% a year after that for the remaining two (0) years. The cost of goods sold, excluding depreciation, is expected to be 42% of revenues. The tax rate is 0.39. Estimate the after-tax return on capital, by year, to find the average for the project. AFTER PAYMENT ENTER PASSWORD : "SHIV" TO UNLOCK THE SOLUTION
Image
1. Judy is a self-employed musician who performs for a variety of events. This year Judy was fined $250 by the city for violating the city's noise ordinance with a relatively loud performance. As a consequence Judy contributed $1,000 to a campaign committee formed to recall the city's mayor. Judy normally hires three part-time employees to help her schedule events and transport equipment. Judy paid a total of $33,000 to her employees through June of this year. In June Judy fired her part-time employees and hired her husband to replace them. However, Judy paid him $55,000 rather than $33,000. Judy is on the cash method and calendar year, and she wants to know what amount of these expenditures is deductible as business expenses.  2. Sam operates a small chain of pizza outlets in Fort Collins, Colorado. In November of this year Sam decided to attend a two-day management training course. Sam could choose to attend the course in Denver or Los Angeles. Sam decided to attend the
Image
Q1. Why is Amazon's cash cycle so much shorter than that of competitor Barnes & Noble ? How does this comparison affect financial management decisions of other retailers ? Q2. How does Boeing achieve a cash cycle of negative 100 days ? Q3. Define the following terms as they apply to our work in FIN 201...in ten words or less: 1.capital structure  2.working capital  3.assets  4.liabilities  5.retained earnings  6.liquidity  7.leverage  8.Sarbanes-Oxley  9.GAAP  10.market value versus book value  11.depreciation  12.straight-line versus accelerated depreciation  13.solvency  14.profitability  15. pv  16.fv  17.PVA  18.FVA  19.simple interest  20.compound interest  21.discount rate  22.Rule of 72  23.annuity  24.required return formula  25.NPV  26.NPV decision rule  27.payback  28.IRR  29.formula for cost of equity  30.formula for cost of debt  31.WACC  32.credit facility  33.venture capital  34.operating cycle  35.inventory period  36.accounts receivable period  37.cash cycl
Image
150-500 words A P A Two criteria used to judge the quality of a work are craft (how well an artwork was made) and communication (the uniqueness of the artist's vision and its message or meaning). Michelangelo Buonarroti and Leonardo da Vinci were considered masters of these two qualities. Compare a work of art from each artist using the following for discussion: Post the images you have selected. Describe what each work intended to communicate. How does each of the works communicate its message? Describe SPECIFIC techniques that each artist used to convey meaning. For example: composition, color, perspective, chiaroscuro, idealism, sfumato, gesture, size, symbolism, allegory. Be sure to identify where these techniques are used in the works you discuss. You may use the Internet to find the artwork. AFTER PAYMENT ENTER PASSWORD : "SHIV" TO UNLOCK THE SOLUTION
Image
1. Which one is not a perceptual element of culture (Points : 5)          good education         values         attitudes         worldview 4. Which of the following is not a characteristic of culture? (Points : 5)          symbolic         dynamic         ethnocentric         biologically inherited 5. Culture is related to conflict when _____ (Points : 5)          there is a war         there is cultural distance         inflation is high         there is availability of weapons 8. Which of the following social groups are co-cultures? (Points : 5)          women         disabled people         traders         homosexuals 9. In order to have an effective communication between members of different social groups, it is not necessary to _____ (Points : 5)          suspend judgment         apply a single criterion         enlarge your own communication style         seek translation 10. Which of the following is a non-verbal communication? (Points : 5)    
Image
1) Managerial accounting: a.) Identify the five steps in the lean thinking model. b.) Which of these steps do you think is the most challenging for the organization? (Explain your reasoning. Give details.) 2)  Julie jones was hired by a popular fast-food restaurant as an order taker and cashier. Shortly after taking the job, she was shocked to overhear an employee bragging to a friend about short changing customers. She confronted the employee who then snapped back. “Mind your own business. Besides, everyone does it and the customers never miss the money.” Julie didn’t know how to respond to this aggressive stance. (Ethical) What would be the practical consequences on the fast-food industry and on consumers if cashiers generally shortchanged customers at every opportunity? 3) You have been given a summer job as an intern at Utah Aircams, a company that manufactures sophisticated spy cameras for remote-controlled military reconnaissance aircraft. The company, which is privately
You are the administrator for a medical practice. Assume all of your practice’s patients are covered by insurance. Insurance pays, on average, 80% of your fee for a physician visit for which your practice charge is $100. The patient is responsible for the $100 fee, but receives 80% back from the insurer. Currently, your practice’s volume for this service is 1,500 per year. Estimate what would happen to the volume of services and the expected revenue to the practice should the area’s health insurers increase patient cost sharing from 20% to 30% of this charge. Use the concept of “price elasticity” to make the projection. Use the elasticities given in Wedig’s 1988 study: price elasticity for physician visits for patients in good or excellent health is –0.35 while the price elasticity for physician visits for patients in fair or poor health is –0.16. (Wedig, G. J. (1988). Health status and the demand for health: Results on price elasticities. Journal of Health Economics, 7, 151–163.)
Image
Learning Team Assignment: Larson Inc. Scenario Determine pricing strategy to meet organizational goals. Determine ways to create non-price barriers to entry based on market structure. Determine ways to increase product differentiation based on market structure. Determine ways to reduce costs for an organization. AFTER PAYMENT ENTER PASSWORD : "SHIV" TO UNLOCK THE SOLUTION
Image
international accounting third edition . timothy doupnik, hector perera Chapter 2, Problem 4 (approximately 250 to 500 words) and  problem 4 begins with cultural dimensions index scores developed by hofstede for six countries.  Chapter 2, Case 2-2 (include sufficient discussion of your reasoning so partial credit can be awarded, if appropriate) case 2-2 begins with skd limited is a biotechnology company that prepares financial statements. AFTER PAYMENT ENTER PASSWORD : "SHIV" TO UNLOCK THE SOLUTION
Image
Question 1 of 20 Which of the following is NOT a characteristic of the market? A. Aggressive Competitors  B. Demanding Creditors  C. Patient Stockholders  D. Aggressive Vendors  Question 2 of 20 When you are operating a business in the current environment, holding on to your promise to run an ethical business can be: A. very challenging.  B. impossible.  C. easy.  D. relatively easy.  Question 3 of 20 For an ethical culture to be __________, it has to persist within the operational policies of the organization long after the public scandal or the latest management buzzword. A. rememberable  B. sustainable  C. effective  D. efficient  Question 4 of 20 Which of the following is NOT a stage in creating a long lasting ethical culture? A. Follow the competitors  B. Establish a code of ethics  C. Hire an ethics officer  D. Promote your organizations commitment to ethical behavior  Question 5 of 20 There is __________ perfect models for a code of ethics. A. several