Accounting Questions and Answers September 12, 2020

Cantel Company produces cleaning compounds for both commercial and household customers. Some of these products are produced as part of a joint manufacturing process. For example, GR37, a coarse cleaning powder meant for commercial sale, costs $1.90 a pound to make and sells for $2.00 per pound. A portion of the annual production of GR37 is

chapter 6 identify the risk factors noted at the financial statement level by tariq (the audit partner) in his preliminary risk assessment and describe the implications of these risks what specific accounts were identified as having the highest risk of misstatement and why

1. Over the past five years, a stock provided annual returns of 12.6 percent, 5.8 percent, 7.9 percent, 11.2 percent and 2.4 percent. What is the arithmetic average return What is the geometric average return What is the variance of these returns What is the standard deviation of these returns 2. Refer to Problem 1. If the riskfree rate is 2, what

Condensed data from the comparative statement of financial position of Kokomo Inc. follow Current assets Noncurrent assets Current liabilities Noncurrent liabilities Common shares 2018 2017 2016 112,000 107,000 104,000 403,000 330,000 297,000 110,000 99,000 96,000 90,000 109,000 120,000 109,000 100,000 100,000 Retained earnings 206,000 129,000

He defines his x direction as east, his y direction as north, and his z direction as up. Furthermore, he considers a unit vector a vector of length 1 foot. He estimates that the hole in his roof is a parallelogram whose corners are (0,0,8), (1,2,11), (4,1,15), and (3,1,12). a. How big is the hole in his roof b. What is an equation for the plane in

QUESTION 3 ACCOUNTING FOR FINANCIAL INSTRUMENTS 1. Abacus Property Ltd bought shares in Texas Instruments on 15 August 2017 for 87,000. The intent of this investment was to make a gain. On 1 January 2020 the shares had a fair value and were recorded at 101,000. By the end of the year their fair value had fallen to 47,000. Record the appropriate

Assume the following data for ABC Partnership had the following condensed balance sheet just before the liquidation on November 1, 2019 Assets Liabilities and Capital Cash P 24,000 Liabilities P 12,000 A, Loans A, Capital (30) Noncash assets 84,000 2,400 9,600 B, Capital (50) 48,000 C, Capital (20) 36,000 Total P 108,000 P108,000 Liquidation

Raggedy Anne Inc. is a toy manufacturer and retailer and follows IFRS. Currently, the company has three manufacturing facilities and about 100 retail outlets. You have just started work in the accounting department as an assistant to the controller. The accounting department has been extremely short staffed for an extended period and as such many

(1 pt) A 14year bond earns interest at 9 percent convertible semiannually and has a yield rate of 7.3 percent convertible semiannually. If the book value immediately after the 7th coupon payment is 1135.14 dollars, and the book value immediately after the 11th coupon payment is 1112.47 dollars, what is the face value Note Dont assume that the face

Denison Corp. is a publicly traded company and is currently preparing its financial statements for its 20X7 year ended. Denisons accounting income before tax is $1,800,000. The following items have been recorded in accounting income as an expense or revenue item, as appropriate: Depreciation and amortization expense $1,420,000 Dividend revenue

1. Under the current accounting standards (FAS 166&167), do companies still have the opportunity to exercise discretions over the fair value estimation of retained interest in order to recognize a gain in a sale securitization transaction? Why or why not? 2. Discuss the impact on the balance sheet, income statement, and statement of cash flow

An item of depreciable machinery was acquired on 1 July 2009 for $120,000 by cash It is expected to have a useful life of 10 years and zero salvage value On 1 July 2012, it was decided to revalue the asset to $110,000 The company uses straight line as method of depreciation Balance day of the company is 30 June

Mr. Imad is working in Oman Oil LLC. He is responsible to provide cost of each element which he spend for manufacturing different products in Oman Oil LLC . Mr. Jaber is working as senior cost accountant. According to you, which details Mr. Jaber will take form Mr. Imad regarding the product and use of various material. You have to justify in

Having received a bonus of $30,000 for accepting early retirement in July 2000, a companys project manager invested $9,000 in a municipal bond paying 3.69%, $14,000 in a money market fund paying 4.01%, and $7,000 in a certificate of deposit paying 3.29%. Using the respective amounts invested as weights, find the weighted mean of the three

Prepare a business report, to the board of directors of Marks & Spencers Plc with tables and graphs that analyse the performance and financial position over at least 5 financial years and recommend actions that the board should take. Utilise search data about the subject company and its competitor(s) from university databases (FAME, MINTEL and

MARKS AND SPENCER GROUP P.L.C. Ratios Original documents Profitability ratios Return on Shareholders Funds () Return on Capital Employed () Return on Total Assets () Profit margin () Gross margin () Berry ratio (x) EBIT margin () EBITDA margin () Operational ratios Net Assets Turnover (x) Fixed Assets Turnover (x) Interest Cover (x) Stock Turnover

QUESTION 2 Kirsty is a professional hairdresser specialising in training apprentice hairdressers. She is registered for GST on an invoice basis with a twomonth return period. In the 2 months of February and March 2019, Kirsty spent the following sums (all amounts included GST, if any) Hair products bought from Hot Head NZ Ltd (1) Special hair

3 years ago on January 1, 2011, Daisy Company acquired 80 percent of Rose Company for $594,000 in cash. Roses net book value on that date was $610,000 and the fair value of the non-controlling interest was $148,500. Rose possessed a trademark (10-year remaining life) that although unrecorded on Roses accounting records, had a fair value of

SDG are becoming increasingly concerned about their image with respect to their corporate social responsibilities and their tax compliance. Their current international tax strategies have evolved over the years under the advice of their previous tax adviser. The SDG Board believes they have been far too aggressive and have hired your Firm for tax

Below scenario. Indicate how the researcher should proceed in case; that is, determine the following, giving reasons: a. Type of research question (exploratory, descriptive, or causal). b. The extent of researcher interference c. The study setting d. The research strategy e. The time horizon for the study f. The unit analysis A specific department

Xiang received a sum of $18,000 from a 10-year annuity which she purchased for $150,000 (under the terms and conditions, the purchase price of annuity will not be returned to Xiang). Discuss the income tax consequences of both receipts to Xiang citing relevant legislation and case law.

Waterway is an electronics components manufacturer. Information about the companys two products follows: AM-2 FM-9 Units produced 20,000 4,000 Direct labor hours required for production 10,000 15,000 Units per batch 4,000 400 Shipping weight per unit 0.50 lbs. 10 lbs. The company incurs $814,000 in overhead per year and has traditionally applied

Quality Technology (QT), Inc. was founded by two first-year college students to produce a knockoff real estate board game similar to the popular Parker Brothers game Monopoly. Initially, the partners started the company just to produce a board game based in popular local landmarks in their small college town, as a way to help pay for their college

cost of goods manufactured during the year is $240,000 work in process inventory on december 31 is $50,000 work in process inventory during the year decreased by 60 total manufacturing costs incurred are a. 190,000 b. 165,000 c. 290,000 d. 315,000

Consider XYZ Bank that is established with $450bn of deposits and $50bn of equity. Its assets are some investments that are expected to pay off $525bn. in 1 years time. There is no risk premium and investments are discounted at the rate of interest on safe assets which is 5% a year. Suppose very shortly after being established the amount its

Sally skipped a few years in high school as she was always the smartest in the class. Everyone knew she would be successful, and her friends were excited for her when they found out that she would be making an offer on a condo. She was waiting for the bank to get back to her as she just submitted her application for a mortgage. Her gross annual

Ms. Sabeena owns 2 furnished houses, both houses are let out for residential purposes. The details of each residential property for the tax year 1/10/2019 are as follows: a). You are required to calculate the tax liability and tax payable of Ms. Sabeena for the Tax year 2019/20. b). List out and explain the various incomes exempt from tax. c)

1st house In 2018, She purchased the house by borrowing loan of 100,000, for which she pays interest at 8 per annum. The amount of loan is still outstanding during the tax year 201920. She let out this house for 24,000 per annum as rent, payable monthly in advance. The tenant was very regular in the payment of rent in the beginning of each month,

Question 5 On day 1, Jie has to decide his investment plan. He has two options Option I and Option II. The two options will provide him with different payoff flows according to the following table. Suppose Jies initial wealth level is 0 and his reference point is 0. Option I is flexible so that Jie can quit at any time after he chooses to join

The following transactions occurred for a county in Minnesota. a. On January 4, 2021, the county authorized a $5 million 2% bond issue for the construction of a recreation center. b. On June 1, the bonds were issued at 100.5, and the additional amount received was transferred to the debt service fund. c. The renovation occurred in the fall of

Blue Corp. acquired on January 1, 2017 a 5 year, 10, P5,000,000 face value bonds for 4,639,400 dated January 1, 2017. The bonds which pays interest every December 31 had a 12 prevailing interest rate on the date of acquisition. Blues business model is to collect contractual cash flows are solely payment of principal and interest. On December

Paramel Beverages bottles two soft drinks under licence to Cadaver Ltd. at its Newcastle plant. Bottling at this plant is highly repetitive, automated process. Empty bottles are removed from their carton, placed on a conveyor, and cleaned, rinsed, dried, filled, capped and heated (to reduce condensation). The only stock held is direct materials or

Each of the following activities could be performed by an independent auditor. Select whether generally accepted government auditing standards deem each activity Acceptable (A), Prohibited (P), or Require conceptual framework assessment (R) in regarding to independence.

1. Reporting to those charged with governance on behalf of management. 2. Providing valuation services. Researching and responding to the audited entitys technical questions on relevant tax 3. laws as an ancillary part of providing tax services. 4. Preparing accounting records and financial statements. 5. Providing intenal control monitoring and

Q1. Consider I have a 7stage pipeline, with instruction decoding happening at the third stage, execution in the fourth stage, memory in the fifth stage, and write back in the seventh stage. Consider the execution of the following instructions using this architecture. (Each stage takes exactly one clock cycle). Id x7, 64(x8) add x8, x7, x12 sd x7,

1 2 Variable input In this diagram, curves 1, 2, and 3 represent the 3 O total, marginal, and average product curves, respectively total, average, and marginal product curves, respectively average, marginal, and total product curves, respectively marginal, average, and total product curves, respectivel) marginal, total, and average product curves

Choose TWO public listed companies of Bursa Malaysia and access their financial statements for the year ended 2019. 1. Write the introduction of the selected companies. 2. Discuss the disclosure of the capital structure of both companies in their financial statements. 3. Analyze how the capital structure affects the performance of both companies.

Consider a bank with $10 billion in deposits. Of these deposits, $8 billion are held as fixed-term deposits, and $2 billion are held in chequing accounts. (a) If the interest rate is 5% and the bank has reserve requirements of 10%, what is the cost of the reserve requirements to the bank? (b) Suppose that 15% of the banks chequing deposits are

On 1 April 2007, Fino increased the operating capacity of its plant. Due to a lack of liquid funds it was unable to buy the required plant which had a cost of $350,000. On the recommendation of the finance director, Fino entered into an agreement to lease the plant from the manufacturer. The lease required four annual payments in advance of

Financial information is presented below operating expenses $ 90,000 sales returns and allowances 18,000 sales discounts 12,000 sales revenue 320,000 cost of goods sold 174,000 the amount of net sales on the income statement would be

Fleet Limited operates a chain of high street retail outlets selling clothing and household items. In 1995, this company was heading for a financial loss and was deemed to have lost strategic direction. The business formula that had proved successful in the 1980s and early 1990s was no longer proving effective. A new chief executive was appointed

following are the static budget planned and actual sales for the three products produced by best company contribution margin actual units static budget units alpha $300 250,000 450,000 beta $450 250,000 325,000 gamma $625 450,000 225,000 950,000 1,000,000

1. Cash is overstated by 500.00 and Owners Equity is overstated by $500.00. 2. Utilities Expense of $300.00 was paid on January 25. 3. Insurance expense of $250.00 was paid on January 27. 4. supplies for the month in the amount of $450.00 was purchased. 5. Rent for $2000.00 for the month was paid on January 31. 6. The total revenue of $20,000.00

Widget Tek Inc.s original accountant accepted a position with another firm and left in early March. You have been asked to review the subsidiary inventory ledger record for Widget Tek Inc.s main product for March. Date Inventory Quantity Unit Cost Total Cost Mar. 1 850 $98.00 $83,300 1,275 $95.00 $121,125 Mar. 8 650 $98.00 $63,700 Mar. 11 325

Gillespie Gold Products Inc. is considering the purchase of new smelting equipment. The new equipment is expected to increase production and decrease costs with a resulting increase in profits. The equipment under consideration is summarized below. Determine the aftertax cash flow using a tax rate of 42 and sumoftheyearsdigits depreciation. Cost

Given the information below, which bond(s) will be issued at a premium? Bond 1 Bond 2 Bond 3 Bond 4 Stated Rate of Return 7% 12% 10% 8% Market Rate of Return 8% 10% 10% 9% A). Bond 2. B). Bond 1. C). Bonds 2 and 4. D). Bond 3.

Situation For the purposes of this assignment, one is to assume that you are a Junior Consultant with an international company that provides SCM advisory services. Also, this company has a policy on written that requires one to use the MLA for format internal communications. Your Managing Consultant is J. Bottomley. Assignment Details For this

Question: Enter the closing entry based on the adjusted trial balance provided. Remember only one closing entry is required. 000 - Required information Arcadia Enterprises Adjusted Trial Balance As of December 31, 2019 Account Name Account Payable Ac

Question 2 Express the voltage waveform v(t) shown in Figure 1, as a sum of unit step functions for the time interval 0

In 2016, its first year of operations, Wilber Company reported pretax accounting income of 60,000. Included in the 60,000 was an expense for accrued, unpaid warranty costs of 8,000, which are not deductible until paid for income tax purposes. Wilbers income tax rate was 20. The entry to record the Income tax expense would include a O credit to

The Premier Manufacturing Company uses a job order costing system. The following datarelate to the month of May: a). Raw materials purchased with cash $80,000. b). Direct materials issued to production, $79,000. c). Indirect materials issued to production, $2,500. d). Direct labor cost incurred, $61,000. e). Additional actual manufacturing

Jeff owned a warehouse he used in his business that decreased in value by $40,000 during the year and on December 31, 2018, it was worth $170,000, but he did not sell the warehouse. The effect on Jeffs taxable income is: a. capital loss equal to $40,000 b. ordinary loss equal to $20,000 c. deduction for AGI equal to $40,000 d. deduction from AGI

M Steak, an online specialty retailer that serves the southern California region market with its gourmet black-haired wagyu steak from its website. The steak is priced at more than $300 per pound. As a result, M Steak caters to only gourmet food enthusiasts (foodies) who purchase regularly for their own consumption, and other customers

Dr. Armstrong performs a certain cosmetic dental procedure at her dentistry clinic. Her monthly fixed operating costs are $12,000, while her after-tax operating income is $8,000 when she performs 200 such procedures in a month. Dr. Armstrong's before-tax operating income is subject to a marginal tax rate of 60%. Required: a) What is the margin of

Hadley Corporation reported the following information regarding its defined benefit pension plan on January 1, 20Y2: Projected benefit obligation $1,500,000 Fair market value of plan assets $1,700,000 Unrecognized prior service cost $800,000 Cumulative unrecognized net gain $250,000 Average remaining service life of employees 8 years Settlement

A cash budget for the first three quarters of a retail company is given below (000 omitted). The company requires a minimum cash balance of at least 5,000 to start each quarter. If necessary, the company will borrow monry from its bank to maintain this balance. The company will pay no interest in Quarters 1,2. and 3. It will repay as much of its

Presented below is information related to Marley Inc. pension data for 2019. Service cost $700,000 Amortization of unrecognized net gain 80,000 Amortization of unrecognized prior service cost 130,000 Actual return on plan assets 65,000 Projected benefit obligation at January 1,2019 900,000 Plan assets at January 1,2019 780,000 Contribution

Now assume that you have been asked how to account for the destroyed drilling operation in the Gulf of Mexico in terms of the destroyed rig and lost natural resources. For this scenario, assume that BP owned this rig and it had an original cost of $225 million, which had been depreciated down to a current book value of $160 million. Also assume

A mortgage borrower has an outstanding debt at interest rate of J12= 13,08% and 1.034 TL monthly payments for 69 months remaining today. Another bank is offering the same monthly payments but for 63 months only at a lower interest rate. For the refinancing, borrower has to pay 1.800 TL expense today. Decide if the borrower should refinance the

On 30 June 2018, Parkinson Ltd had 1,000,000 shares on issue. Parkinson Ltd's reporting period ends on 30 June. The equity accounts at 30 June 2018 had the following balances: Share capital: $5,000,000 Revaluation surplus 300,000 Retained earnings 1,800,000 Transactions during 2019 financial year and other information related to equity accounts

Prepare the journal entries to record the following transactions for Ivanhoe Company, which has a calendar year end and uses the straight-line method of depreciation. On September 30, 2022, the company sold old equipment for $87,400. The equipment was purchased on January 1, 2020, for $182,400 and was estimated to have a $30,400 salvage value at

Date Account Titles and Explanation Debit Cred September 30, 2022 (To record depreciation expense for the first 9 months of 2022)

JBM Catering and Hire provides a full catering service to mostly commercial businesses, that includes both the preparation of specialised menus and the hire of relevant catering supplies (crockery, cutlery, table linen and dcor items) and equipment (such as tables, chairs, and servers). You have been assigned to the audit of JBM Limited for the

TB MA Qu. 20-54 Following are a set of... Following are a set of statements. For each statement indicate with an "X" whether it is correct with respect to an examination, a review, and/or an agreed-upon procedures engagement. Each statement may relate to none, one or more services Statement Examination Review Agreed-upon procedures 1. Independence

How do profit and loss statements cash flow (using the direct and indirect methods), and aging summaries contribute to new budgets? How can you ensure that managers and supervisors in the organisation understand the budget and understand their reporting requirements with regard to financial management? Budgets are used to identify and track

As of December 2009, what contingent liabilities did BP PLC recognize for its North American Operation? Provide detail on how these liabilities were created, the estimated amount of these contingencies, the time frame in which the liability may exist and/or be resolved, and other relevant information. From analyzing BP PLC's annual report, what

1) Topic: Factors Leading to Hunger in Mdantsane Area of East London in Amathole District of Eastern Cape, South Africa. Amathole District has a population of 78 900. Of this population, 48 000 live in rural areas. It is estimated that 5 000 are residents of the Mdantsane area, and there are some 467 people visiting Mdantsane, Gcuwa, and Dutywa

a) You can acquire an existing business for $2 million. You are uncertain about future demand. There is a 40 percent chance of high demand, in which case the present value of the business will be $3 million. There is a 25 percent chance of moderate demand, and the associated present value is $1.5 million. Finally, there is a 35 percent chance of

Question 1 When the yield curve is upward sloping, for profitability reasons bank managers Your answer O fund and lend at the middle of the curve Onone of the above O fund at the long end and lend at the short end of the curve O fund at the short end and lend at the long end of the curve Clear answer

In the current year, the Village of Cheshire collected delinquent taxes in the amount of $530,000, on which interest and penalties of $25,000 had been accrued at the end of 2016; further $4,000 additional interest was collected for the period from the first day of 2017 to the dates on which the delinquent taxes were collected. What is the journal

Independently develop a SWOT Matrix for The Coca Cola Company (Assurance of Learning Exercise 6A, step 1) using the information presented in the Cohesion Case in Chapter 1. You will need further information to develop this matrix. Be sure to develop at least three strategies for each section (not just two as the text states). In addition, write a

Jane must introduce a senior manager at an important meeting. Jane does not wish to use notes for the brief set of comments she wants to make. She spends the evening before the meeting reading the comments over and over again, until she has them memorized. This process is called A) rehearsal. B) over-reading. C) constant practice method. D) edict

Question 47 Johan wants to create a PivotTable using Power Pivot. During the procedure, to add a Table to PowerPivot, he selects a cell in a Table and clicks Power Pivot tab Tables group X. What is X in the procedure Add to Data Model o Update All KPIs Measures Question 48 False A student creates data for trees in an orchard. He enters headings

JRE2 Inc. entered into a contract to install a pipeline for a fixed price of $2,200,000. JRE2 recognizes revenue upon contract completion. Cost incurred Estimated Cost to Complete 2017 $ 250,000 $ 1,550,000 2018 1,600,000 500,000 2019 450,000 0 In 2019, JRE2 would report gross profit (loss) of: (A) $123,000 (B) ($100,000) (C) $2,000 (D) $50,000

Diamond Ltd acquired an item of polishing equipment on 1 July 2015 for $440,000. The equipment is expected to have a useful life of 10 years and the straight-line method of depreciation is to be used. It has a salvage value of $40,000. On 1 July 2017, the equipment is deemed to have a fair value of $424,000, and revaluation is undertaken in

Keith is the group sales manager at the 400-room full-service Triple tree Hotel. Carla is the front ofce manager. Together with Leona, the GM, they make the revenue management decisions for their property. For the Saturday night that is just one week away, they have 180 unsold rooms remaining. Keith would like to accept an available group contract

kicks corporation sells running shoes and during January they ran production machines for 20000 hours total and incurred 9000 in maintenance costs during july hey ram production for 14000 hours total and incurred 72000 in maintenance costs based on this data what is the variable maintenance cost per machine hours

O A. S0.30 per machine hour B. 0.51 per machine hour OC. 3.33 per machine hour OD. 0 45 per machine hour

Woodplex Ltd is a medium-size company that specializes in making a hand-made furniture cover. The company has been relatively successful over the years due to its good quality product and the good relations it has with its suppliers of materials and staff on the production line. Woodplex Ltds management, however, anticipates the market becoming

Market Place Grocers declared a quarterly dividend on February 19 to record holders as of Friday, March 16. The dividend will be paid on Friday, March 30. Jessica sold 300 shares of this stock on March 13. Lucas purchased 100 shares of this stock on March 14. Who will receive the dividend payment on March 30? A) Jessica only. B) Lucas only. C)

When the debtor sets aside money in a trust such that the investment and any return will be sufficient to pay the principal and the interest to the creditor, but the creditor does NOT release the company from the primary obligation to settle the debt, this type of arrangement is known as in substance defeasance. in substance refunding. substantive

over the long run, however, despite the fluctuations in the business cycle, the trend line rover which frequency range is or model accrate why do oyu thik this is trueises. this rising trend line of economic fluctuations is referred to as economic

Pearsall Company's defined benefit pension plan had a PBO of $268,000 on January 1, 2021. During 2021, pension benefits paid were $44,000. The discount rate for the plan for this year was 9%. Service cost for 2021 was $89,000. Plan assets (fair value) increased during the year by $47,000. What was the amount of the PBO at December 31, 2021:

Write the following expressions (or sets of expressions) in matrixvector notations J ajbjk, (i 1,...,N k 1,..., K) 1) j1 JK ajbjackm, (i 1,..., Nm 1, ..., M) 2) j1 k1 N N 3) j1 j1

Analyze the problem situation(s) described below. Organize and record your work for each of the following tasks. Using precise mathematical language, justify and explain each solution process. 1. A car priced at 25,329 is financed with a simple interest rate of 4.25 for 5 years with no down payment. Payments of 511.86 are made each month. Another

3. RareEarth Mines is considering investing 1.200,000 in a mine that will produce 300,000 worth of ore in the first year. As the more accessible ore is removed it will become more difficult to extract the ore. As a result, it is expected that the value of the ore mined will decline at a rate of 6 per year forever. If the appropriate discount rate

Nailed It! Construction (Nailed It! or the Company), an SEC registrant, is a construction company that manufactures commercial and residential buildings. On March 1, 20X1, the Company entered into an agreement with a customer, Village Apartments, to construct a residential apartment building for a fixed price of $1.5 million. The Company estimates

Romano Roofing\'s budgeted manufacturing costs for 25,000 squares of shingles are: Fixed manufacturing costs$15,000 Variable manufacturing costs$20.00 per square Romano produced 20,000 squares of shingles during March. How much is budgeted total manufacturing costs in March? a.$400,000 b.$515,000 c.$500,000 d.$415,000

Skiglo Ltd is a fastgrowing young company formed in 2010 who specialise in outdoor winter leisure equipment. The companys objective is to 0 Grow organically at circa 10 sales growth per annum o Achieve a competitive rate of return 0 Promote health and wellbeing Last year the company made sales of over 60 million and achieved a net profit pre tax

Assume you are the owner of A Builders, a construction company which accepts contracts solely from the government. The Department of Public Works and Highways (DPWH) opened the bidding for a road construction. You want to get the contract. However, the Bids and Awards required from A Builders its latest Audited Financial Statements (AFS) in

What is the value of 18 March futures contracts on crude oil at the closing price Answer should be formatted as a number with 0 decimal places (e.g. 999).,Contract Mar, Heating Oil, 42,000 gal, and centsgal Mar, Crude Oil, 1.000 bbls, and centsbbls Open High Low Close 812.23 827.97 801.08 812.24 115.55 142.2 95.87 114.88

At 2019 LR Construction has a face debt value of 20.59M trading at 87 with a pretax weigthed cost of 6.22. LR common equity for the year was valued at 118.46M and preferred equity for 11.04M. The Preferred equity rate was calculated to be 8.86. However, the common equity was to be calculated using CAPM approach, with a 3 risk free rate and a 7

A shopping mall is running out of parking spaces so it needs to expand its parking lots. The mall asked the city to help in appropriating land so it can help the expansion. The city agreed to help and send a letter to the ajoining homeowners offering to pay them a price above the market price for the necessary part of their land to expand the

Electronics Galore has historically had a PE ratio of 18.81. This ratio is considered a good estimate of the future ratio. The firm currently has EPS of 3.62. These earnings are expected to increase by 6.34 percent next year. What is the expected price of this stock one year from now

The following bonds are available for purchase right now: Name Maturity Coupon Bonnie 15 years 7% Bob 15 years 9% Betty 10 years 7% Billy 10 years 9% Which bond has the LOWEST interest rate risks?

A 15-year zero coupon $1,000 Par Value bond is available for purchase today. Similar bonds have YTM = 8.0%. What will be the price of this bod today?

Sarah had a total of 428.5oz of pretzels to put in 5bowls for a party she put an=number of ounces of pretzels in to each bowl how many ounces of pretzels did syrup put in each bowl?

Can you subtract two positive numbers and get a negative number as your answer? (yes or no) If you think you can, explain your reasoning and give an example?

Ben's family drove 843mi to see his grandparents. On the first day they drove 483mi. On the 2^(te ) day, how long did it take to reach Ben's grandparents' house if they averaged 60m(i)/(h) ?

The price of Palms stock went from its alltime high of 165 on March 2, 2000, to 0.60 in August 2002. The general evidence in respect to fundamental value is that the executives of many Internet firms did not believe their firms were overvalued at the time of their IPOs. Some years after Palms IPO, former 3Com executives were asked whether in

Adrian places a purchase order for an equity mutual fund on Monday, March 1 at 430 pm EST. Friday, March 5 is a statutory holiday. The NAVPU for the fund on each day of the week is as follows Monday March 1 10.23 Tuesday March 2 10.22 REQUIRED Determine the valuation date. Part b) Monday March 1 10.23 Wednesday March 3 10.34 Tuesday March 2 10.22

Brendan Martin is a retired 68 year old pensioner. In November he moved from Calgary to Edmonton to be closer to family. He sold his Calgary condo for 468,000 and moved into a rented apartment in Edmonton. Brendan didnt have any friends in Edmonton so he took a part time job to keep him busy. His net employment income was 3,480 for 2020. Brendan

Does marketing drive behavior or does behavior drive marketing, is it both? Support your answer with how? Remember to use examples ?Does marketing drive behavior or does behavior drive marketing, is it both? Support your answer with how? Remember to use examples ?Does marketing drive behavior or does behavior drive marketing, is it both? Support

Smith Corp determines the Ending Inventory he has on Cost and LCNRV values like data following Year End 31Dec19 31Dec20 31Dec21 Cost 650.000 780.000 905.000 LCNRV 650.000 712.000 830.000 Requested 1. Prepare the required journal entries for December 31, 2020 and December 31, 2021, Assume that Smith Corp uses the Perpetual recording method

ASSET= Php 1,500,000 LIABILITIES= Php 200,000 SHE= Php 1,300,000 There are 10,000 shares outstanding, par value of Php 100 per share. The company is evaluating a project proposal requiring additional capital of Php 500,000 so as to increase its operating income by Php 200,000. Two alternative solutions have been presented: Borrow the Php 500,000