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Financial Accounting questions and answers in January 2021

Based on the following data and assuming that the common stock account balance is $52000, what is the balance in retained earnings? Accounts payable $60000 Accounts receivable 53000 Cash 79000 Invento...
        1. On July 15, Longview Co. sold $25,000 of merchandise (costing $12,500) for cash. The sales tax rate is 7%. On August 1, Longview sent the sales tax collected from the sale to the govern...
Based on the following data and assuming that the common stock account balance is $52000, what is the balance in retained earnings? Accounts payable $60000 Accounts receivable 53000 Cash 79000 Invento...
8.    Using a "going in" or direct capitalization rate approach to value, how would you estimate value for the a property where 50% of the property is vacant in year 1 but is forecasted to achieve...
Julia has just graduated from high school and has received a best student award for $5,000.00. She would like to deposit the money in an interest earning account until she graduates from college (i.e....
Robert saw an advertisement of a condominium in London with a list price of $300,000.00. He is 30 years old and will retire at age 55. Housing prices in London generally increase at the overall rate o...
[The following information applies to the questions displayed below.]   Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement accoun...
Herbert has opened a retirement fund account which pays 7 percent interest and requires $5,000 annual deposits. Herbert will retire in 15 years and expects 10 years of retirement life. What is the max...
The New York Soccer Association would like to accumulate $10,000 by the end of 4 years from now to finance a big soccer weekend for its members. The Association currently has $2,500 and wishes to rais...
At December 31, 2022, Indigo Corporation reported the following plant assets. Land$ 5,358,000 Buildings$26,710,000 Less: Accumulated depreciation—buildings21,298,050 5,411,950 Equipment71,440,000...
How to calculate R.E of subsidiary with workings (167,000)? On 1 July 2018, Water Lid paid $236 400 for 75% of the issued shares of Rat Ltd. At this date, the equity of Rat Ltd consisted of: Share cap...
Recreate the following in XLS then answer the following questions: • Cash Flow Before Debt Service - $10,000 per year that increases 1.25% per year. • 3 year hold capitalize the 4th year NOI of $1...
How to calculate RE of subsidiary with workings (167,000)? On 1 July 2018, Water Lid paid $236 400 for 75% of the issued shares of Rat Ltd. At this date, the equity of Rat Ltd consisted of: Share capi...
I need help with question C: c. Given that the plant renovation in part ​( b ​) occurs and​ Salco's interest expense rises by $53,000 per​ year, what will be the return earned on the common?...
When would a U.S. firm consider purchasing a call option on euros for hedging and When would a U.S. firm consider purchasing a put option on euros for hedging? Explain
Explain the difference between sterilized and nonsterilized intervention. Please I need a broad explain not short.
Please tell me if this is correct from this Income Statement . INCOME STATEMENT Revenue $184,000 Variable costs 56,000 Rental costs 36,000 Depreciation 16,000 Pretax profit 76,000 Taxes 15,200 $60,800...
The consolidated statement of comprehensive income and the consolidated statement of financial position of Kumpulan Bengsan Bhd. for the year ended 30 September 20x5 are as follows: Any financial acco...
kindly answer balance of the contract asset/Liability During, 2020, Culver Corporation started a construction job with a contract price of $6.16 million, Culver ran into severe technical difficulties ...
Which of the following balance sheet entries is not a part of liability management? Question 12 options: Bonds. Federal fund. Demand deposit. Repurchase agreement.
INCOME STATEMENT Revenue $184,000 I want to make sure I have grasped the following concepts before writing my next assignment. Variable costs 56,000 Money in and Money out - Method 1: Dollars In Minus...
  In the space under each description, provide the necessary journal entry(s) in the proper form for the period indicated. The company's year-end was December 31, 2017 and all appropriate journal en...
The suitability of Y. K Chan to serve as an ABC director Mr. Y.K Chan does not have any experience serving as a director, let alone as an independent director. Hiring him as ABC director could lead in...
Chik's Chickens has accounts receivable of $5,933. Sales for the year were $9,400. What is its average collection period? (Use 365 days in a year. Do not round intermediate calculations. Round your fi...
Cullumber Inc. owns and operates a number of hardware stores in the Atlantic region. Recently, the company has decided to open another store in a rapidly growing area of Nova Scotia. The company is t...
6. Webster Company reported sales for 2020 of $400,000. Webster Company listed $25,000 of inventory on its balance sheet. Using a 365-day year, how many days did Webster Company's inventory stay on th...
As BSA Officer, one of your Analysts presents you the following SAR narrative for your review: Mr. and Mrs. Johnson own three convenience store/gas stations in South Florida. The Johnsons are new cust...
please answer... 4. Gain on disposal of a subsidiary This represented the gain arising from the sale of a subsidiaryr on 1 October 2Gx4. As a__t 3|]I September Eflx4, the company held 35% of the issu...
As BSA Officer, one of your Analysts presents you the following SAR narrative for your review: Mr. and Mrs. Johnson own three convenience store/gas stations in South Florida. The Johnsons are new cust...
What is the depreciation expense for the second year based on the image attached? uestion 2 of 15 /1 ew Policies urrent Attempt in Progress Sunland Company purchased a depreciable asset for $378000. T...
Homework a) Myer Emporium Case - 2 strands? b) Synopsis of the case - Whitford's Beach v FCT and Westfield Ltd v FCT i)Why did the court decide it an ordinary income? ii)What were the 2 strands applie...
Foreign Exchange Hedging Strategies at General Motor (case year 2001) 1.    What would you suggest Feldstein to do in reducing exchange risk? 2.    What are the financial risk GM was facing th...
As BSA Officer, one of your Analysts presents you the following SAR narrative for your review: Mr. and Mrs. Johnson own three convenience store/gas stations in South Florida. The Johnsons are new cust...
The Malaysian Inland Revenue Board implemented the Self-Assessment System (SAS) for companies in the year 2001 and individuals in the year 2004. Under the SAS, an individual who has income accruing in...
The Malaysian Inland Revenue Board implemented the Self-Assessment System (SAS) for companies in year 2001 and individuals in year 2004. Under the SAS, an individual who has income accruing in or deri...
In April 2020, Jazz Corp. issued P3,000,000 of 10% nonconvertible bonds at 102 that are due on March 31,2029. Each P1,000 bond was issued with 40 detachable stock warrants, each of which entitled the ...
Emma opens a chequing account that charges a monthly maintenance fee of $11.25. She starts her account by depositing $1000 at the start of January. At the end of May, how much money will she have in h...
please answer! Replacement Analysls Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to...
The balance sheet of Marvel Associates as at March 31, 2019 is shown below: Liabilities Rs Assets Rs Share capital 6,258 Fixed assets 15,721 Retained Earnings 6,780 Inventories 5,984 Term loans 5,320 ...
Question Case Study Overview You were hired by the Widget manufacturing company, and since you recently graduated with a degree in logistics and supply chain management, your boss is hoping that you c...
Bonita should recognize a loss on impairment of? urrent Attempt in Progress Your answer is incorrect. Bonita Industries owns machinery with a book value of $767000. It is estimated that the machinery ...
True or false: If the salvage value is revised upwards, firms must restate prior periods' financial statements to update book values and depreciation amounts.
True or false: If a firm changes its assumptions about the useful life of an asset, depreciation in the future will be different from what it would have been absent the change in assumption.
Can you show a breakdown of how you solve this problem? 1.    On December 31, year 0, your company bought a delivery truck for $50,000. The expected useful life is 4 years, with an expected salvag...
Can you show a breakdown of how you solve this problem? On December 31, year 0, your company bought a delivery truck for $50,000. The expected useful life is 4 years, with an expected salvage value of...
Can you show a breakdown of how you solve this question 1.    For each transaction below, write the net effect on Gross PP&E, Total Assets, Net Income Before Taxes (NIBT), Cash flows from oper...
Can you show an explanation of how you solve this problem? For each transaction below, write the net effect on Current Assets (CA), Current Liabilities (CL), Gross Profit (GP), Net Income Before Taxes...
Disc-O-Tech Bank Reconciliation Statement As at 30/06/2020Balance as per bank statement:CR Add: bank charges deposit in transit dishonoured cheque interest earned interest payable on the bank loan unp...
Here are simplified financial statements for Phone Corporation in a recent year:   INCOME STATEMENT(Figures in $ millions) Net sales$13,100 Cost of goods sold 4,010 Other expenses 4,042 Depreciatio...
FIN-320 Principles of Finance Can you tell me which criteria I need to consider for my formulas to find the below: (i.e. Current Ratio = Total Assets/Current Liabilities) Current Ratio: Debt / Equity ...
Overview You are a financial accountant for Posey Company tasked with preparing consolidation documentation at year end. You have the following information: December 31, 20X5 Posey Company acquired 90...
King's Delight is a fast food restaurant located in the center of the city. In order to boost its profitability, it is planning to invest in installing a drive-through window (with a suitable driveway...
Cash Accounts Receivable Allowance for Doubtful Account Inventory Supplies Land Building and Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue ...
Because the cost of Buy ($36,000) is less than cost of Lease ($38,250) Find the interest rate implied by the following combinations of present and future values:  (Do not round intermediate calculati...
Larkspur Co. purchased some equipment 3 years ago. The company's required rate of return is 12%, and the net present value of the project was $(800). Annual cost savings were: $12000 for year 1; 10000...
what are two advantages and two disadvantages of issuing preferred stock versus bonds.
Given that the price of the bond is $930.66, what is the current yield of the bond?  Enter your answer as a percentage. Do not include the percentage sign in your answer.
Earnings multiples analysis is based on permanent earnings. Define permanent earnings. Earnings multiples analysis can use trailing multiples or forward multiples. Describe trailing multiples and forw...
Tax Drill - Estimated Tax Complete the following statements regarding estimated taxes. Enter percents as whole numbers. Any individual who has estimated tax for the year of $fill in the blank 1  or m...
 Bakpettew Co. has an inventory period of 94.2 days, an accounts payable period of 40.4 days, and an accounts receivable turnover rate of 17.6. What is the length of the cash cycle?
Source 1 : Blackmores Group Annual Report 2019 https://www.blackmores.com.au/about-us/investor-centre/annual-and-half-year-reports (Financial Year 2019 → Annual Report → View Online → Download) ...
Because the cost of Buy ($36,000) is less than cost of Lease ($38,250) Find the interest rate implied by the following combinations of present and future values:  (Do not round intermediate calculati...
Home Depot entered fiscal 2017 with a total capitalization of $21,895 million. In 2017, debt investors received interest income of $874 million. Net income to shareholders was $8,645 million. (Assume ...
The Malaysian Inland Revenue Board implemented the Self-Assessment System (SAS) for companies in year 2001 and individuals in year 2004. Under the SAS, an individual who has income accruing in or deri...
Do you feel eliminating income tax and applying a consumption tax will broaden the tax base? Please explain why, or why not? 
I need help number 2 please 1/Calculate the return on the ENI share and on the Italian index over 13 months until 1 EXERCISES January 2011. To help you, you have a record of the share price and of the...
Calculate the return on the ENI share and on the Italian index over 13 months until 1 January 2011. To help you, you have a record of the share price and of the general index. What is the total risk o...
SITUATION A: Tesselek Technology, Inc., is a relatively new company and has been operating for only the past five years. It was set up by two leading scientists Mr. Tess and Mr. Lek. The company is in...
SITUATION A: Tesselek Technology, Inc., is a relatively new company and has been operating for only the past five years. It was set up by two leading scientists Mr. Tess and Mr. Lek. The company is in...
Consider a bond that has a price of $966.63, a coupon rate of 9.9%, a yield to maturity of 10.3%, a face value of $1000, and 20 years to maturity. What is the current yield? Enter your answer as a pe...
If the expected dividend is less than the actual dividend paid, the rational expectation approach suggests that the Select one: a. value of the firm will go up b. share price will go down c. divide...
Which of the following are "best practices" that may be appropriate for software intensive programs (Select all that apply)? A. To speed development, only test software at completion B. Consider the r...
Discuss an example of an alternative strategy to holding inventory.
Please can you tell me how to solve this, it's urgent Ledge The following information was extracted from the books for the month of January 1997 January Ist Petrol 40 Postage stamps 15 One ream of typ...
Go to any IPO company's website and look at their annual report (10k) or the Securities Exchange Commission's EDGAR database and download the annual report. Review the annual report, paying particular...
What is the depreciation expense for 2021? uestion 5 of 15 < /1 iew Policies urrent Attempt in Progress Coronado Industries purchased a truck at the beginning of 2020 for $110100. The truck is esti...
A two-year Treasury bill offers a 6.8% yield to maturity. The market's concensus forecast is that one-year T-bills will offer 6.2% next year. What is the current yield on a 1-year T-bill if the expect...
Growth with internal equity will increase with the Select one: a. increase in assets to sales ratio b. increase in debt ratio c. decrease in dividend pay-out ratio d. decrease in profit margin Whe...
question is in image form 7. Calculate the FCFE of this financial statement. | INCOME STATEMENT 2017 2018 Sales 625 450 Cost of Goods Sold 280 225 Gross Profit 345 225 SG&A 25 20 Depreciation 60 5...
(1) On September 1, 2020, BSA Company received an 8%, 180-day P500,000 promissory note in exchange for an account.  On October 31, 2020, the note was discounted at 10%.   A. Compute for the followi...
  IRR of Project A = 24.29% IRR of Project B = 21.38%   NPV of Project A = $1,978.49  NPV of Project B = $3,421.20   What is the Payback Period for each project? These projects are mutually exclus...
On October 5, 2020, Diamond in the Whispering Winds Recruiting Group Inc.'s board of directors decided to dispose of the Blue Division. A formal plan was approved. The diamond derives approximately...
What is the book value at the end of year one under depreciation method straight line if residual value is $36,000 and useful life is 4 years? Also what is the units-of-outputs? View History Bookmarks...
A 21-year 5.4% semiannual coupon bond with a par value of $1,000 may be called in 6 years at a call price of $1,025. The bond sells for $1,051.64. (Assume that the bond has just been issued.) a. What ...
How can the investors make sure that future auditors aren't being bribed? What has been done?
Cash flow analysis indicates the following: What is the internal rate of return for each machine?    Year Machine A Machine B 0 -1,000 -1,000 1 0 417 2 0 417 3 0 417 4 1,938 417
The accumulated depreciation on this machinery at March 31 2021 should be? estion 3 of 15 < w Policies rrent Attempt in Progress On April 1, 2019, Coronado Industries purchased new machinery for $4...
 Given the following net cash flows, determine the IRR of the project   Time Net Cash Flow ($) 0 1,520 1 -1,000 2 -1,500 3 500
Following is the ABC Ltd.`s data for the FY 2019-20. (a) Cost of Goods Sold = Rs 18,00,000 (b) Cost of Production = Rs 15,00,000 (c) Raw Material consumed during year = Rs 16,00,000 (d) Average Finish...
What is the price of a bond with a coupon rate of 9%, payable semi-annually, a face value of $1000, 8 years to maturity, and a yield to maturity of 9.8%?   Enter your response below. Enter your answ...
identify the applicable accounting convention for each of the following business scenarios. More than one convention may apply to each scenario. Explain your choices for each scenario. Scenario 5: Th...
Received cash from investors in exchange for 16,000 shares of stock (par value of $1.00 per share) with a market value of $10 per share. What was cash recieved? What was common stock? What was additio...
 identify the applicable accounting convention for each of the following business scenarios. More than one convention may apply to each scenario. Explain your choices for each scenario. Scenario 3: ...
Identify the applicable accounting convention for each of the following business scenarios. More than one convention may apply to each scenario. Explain your choices for each scenario. Scenario 2: Re...
answer the question 1) Bakpettew Co. has an inventory period of 94.2 days, an accounts payable period of 40.4 days, and an accounts receivable turnover rate of 17.6. What is the length of the cash cyc...
Identify the applicable accounting convention the following business scenario. More than one convention may apply to each scenario. Explain your choices for each scenario. Scenario 1: The Acme Compan...
1.    Under what hypothesis are excess returns and risk premia the same thing?
1) Bakpettew Co. has an inventory period of 94.2 days, an accounts payable period of 40.4 days, and an accounts receivable turnover rate of 17.6. What is the length of the cash cycle? 1 point A) 71.40...
What is the common problem with interpreting information ratios?
Consider the cash flows of the following three A, B, C projects. If the opportunity cost of capital is 11%, and you have unlimited access to the capital, which one(s) would you accept? What would be y...
IF depreciation is computer on the basis of the nearest full month, Marigold should record depreciation expense for 2021 on this machinery? WP Assessment Player UI Appli x NWP Assessment Player UI App...
to ensure interoperability, compliance with the DoD IT Standards Registry (DISR) is required for all command, control, communications, computers, and intelligence (C4I) systems and automated informati...
Santiago and Amy are married and file a joint tax return. They have three children, ages 11, 14, and 19. All parties are U.S. citizens. Their AGI is $256,000. Santiago and Amy's child tax credit for 2...
Please help me for part (B1) (b1) Prepare an income statement for the month of June. MARTIN DELIVERIES Income Statement $ e Textbook and Media Nancy Martin started a delivery service, Martin Deliverie...
1.) Holding cash balance to pay for the purchases made is Select one: a. an implication for the transaction motive b. an indication of the precautionary motive c. a motivation due to the speculativ...
Emerald Ltd has current sales of 6 lakhs per annum. To push up sales. Exxon is considering a more liberal credit policy as one of the strategies. The current average collection period is 30 days. The ...
Calculate the price of a bond originally issued six years ago that pays semiannual interest at the rate of 12 percent and matures in seven years at $1,600. The market currently requires an 8 percent r...
According to the text, who is or is not responsible for what critical activity may provide insight into an organization's values and culture?
The following data is available for Garner Limited: Earnings per share = Rs.6.00 Rate of return     = 18 percent Cost of capital    = 15 percent QUESTIONS: (a) If Walter's valuation formula h...
Case 6-1 LO2, 3 You, the controller, recently had the following discussion with the president: President: I just don't understand why we can't recognize the revenue from the intercompany sale of inven...
XYZ Ltd. Has obtained the following data concerning the average working capital cycle for other companies in the same industry: Using the following data calculate the current working capital cycle for...
A Ltd, a pharmaceutical company, is considering the manufacture of a new covid vaccine, for which the following information has been gathered. The Vaccine is expected to have a product life cycle of f...
subsidiary, what percentage of cash dividends paid by the subsidiary to the parent is tax-free? a. 0% b 70% 80%. d. 100%
After looking at Amazons working capital management and annual report, I need help with the following 3 questions What is the firm's cash position? Does the firm reflect positive cash balances for the...
Gonna check my answer whether if its correct or not. Kindly indicate an explanation. Thank youuuu Prepare the compounded journal entries to record the investment of partners under each of the followin...
​Berjaya Corp. has a very conservative beta of .7, while Biotech Corp. has a beta of 2.1. The T-bill rate is 5%, and the market is expected to return 15%. (i)​What is the expected return of Berjay...
Cost of capital is 14%, with 4-year payback standard period. The initial investment occurs in year zero. Calculate the payback and discounted payback for each project and NPV and IRR. Which Project s...
Problem 12-32 (LO. 4) Paul and Karen Kent are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 this year). Paul and Karen have two dependent children, Samuel and Joy, both u...
Raya Enterprises is in the business of selling dishwashers. The firm needs $192,000.00 to finance an anticipated expansion in receivables due to increased sales. Raya's credit terms are net 40, and it...
The Tenang Corporation is using a machine that originally cost $88,000.00. The machine is being depreciated by the straight-line method over 8 years and has 4 years of depreciation remaining. The mach...
Required: Based on your audit, determine: E. What should have been the ENTRY to record the receipt of note from Company A on May 1, 2020? F. What should be the carrying value of the note received from...
Makmur Corporation manufactures industrial type sewing machines. Makmur Corp. received a very large order from a few Asian countries. In order to be able to supply these countries with its products, M...
Please help me g Blue Rental Corp. provides rental agent services to apartment building owners. Big Blue Rental Corp.'s preliminary income atement for August 2019 and its August 31, 2019, preliminary ...
financial management QUESTION 2 (25 MARKS) Sepahtu sells small electrical appliance gadgets for RM15 each. The gadgets have a variable cost of RM4 per unit, and Sepahtu fixed operating costs are RM 22...
Consider the following two projects:   Year 0 (today) 1 2 3 4 A -$5,000 $1,200 $2,000 $2,000 $4,000 B -$15,000 $4,000 $6,000 $7,000 $8,000   What is the IRR for each project? What is the NPV for eac...
financial management QUESTION 2 (25 MARKS) CXY Berhad is a publicly held company located in Klang Valley, Malaysia. The firm began as a small tool and die shop but grew over its 35 year life to become...
Please help me to answer the questions! The following are the transactions relating to the formation of Gray Mowing Services Inc. and its first month of operations. The firm was organized and the init...
financial management ....... E I NA:SH RT ASES Y 50MA INSTRUCTION : This section consists of TWO (2) questions. Compulsory to answer ALL the questions. Show all your workings. QUESTION [(25 MARKS) Sun...
During 2019, Lincoln Company hires 22 individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $15,850 during the yea...
Please help me. Thank you so much! Nancy Martin started a delivery service, Martin Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June Stockholders invested...
Mr. Burns wants a net income of $3 million next year for the Springfield Nuclear Plant. Their cost of goods sold run 18% of sales and they have $5 million in other operating expenses plus $2.6 million...
Question 3 The following principle requires a company to show in its financial statements by means of a footnote or other manner, the inventory costing method used: Question 3 options: conservation pr...
Calculate the payback period. If you require a 5-year payback period, should the project be accepted?     Time Cash Flow 0 -1,530,000 1 200,000 2 200,000 3 300,000 4 300,000 5 300,000 6 300,000   ?...
The closing entries necessary under the perpetual and periodic inventory procedures do not differ because all expenses and revenues must be closed. True or False?
Your boss wants a target net income of $5 million. Your tax rate is 35%, interest expense is $1.5 million, depreciation is $2 million and your other operating costs run 45% of sales. What sales level ...
If a firm has not had a significant change in its financial health, which balance sheet item is most likely to have a book value very close to its market value over the course of time? bonds finished ...
Carla Vista Corporation is about to issue $1,020,000 of 8-year bonds that pay a 5% annual interest rate, with interest payable semi-annually. The market interest rate is 6%. Assuming all bonds ar...
A firm is evaluating a proposal that has an initial investment of $68,000 and has cash flows of $20,000 per year for five years. Calculate the payback period of the project? and Calculate the discount...
Fill out the Statement of cash flows using the Balance sheet LVMH Group Statement of Cash Flows Cash From Operations 2020 Net Income Depreciation Gain or Loss on Sale of PP&E Change in Accounts Re...
Consider the following information for the BU Scholarship Investment Fund. The total investment in the fund is $1 million. Stock A, Investment $200,000 Beta, 1.5, Expected Return 23%. Stock B, Investm...
How to prepare statement of cash flows? The following are financial statements for Quick Company: Quick Company Comparative Balance Sheet December 31, 2013 and 2012 g m Assets Cash 32 S 23 Accounts r...
uppose you take a 5 year loan of $25,000 with an annual interest rate of 11% and quarterly payments starting at the end of year 1. What are the quarterly loan payments?   Enter your response below.
Land Building Less: Accumulated depreciation Trucks Less: Accumulated depreciation Equipment (data processing) Less: Accumulated depreciation 143400 Total property, plant and equipment Total assets L...
Please help me. Thank you so much! Nancy Martin started a delivery service, Martin Deliveries, on June 1, 2022. The following transactions occurred during the month of June. June Stockholders invested...
........................... ................................ ........................... .... . . . . At the end of last year, River Side Company achieved $ 9 million in revenue (EBITDA). Depreciation...
amswers please During, 2020, Culver Corporation started a construction job with a contract price of $6.16 million. Culver ran into severe technical difficulties during construction but managed to comp...
You are purchasing a condominium for $120,000 and will put a down payment on the condo sufficient to make it a 75% LTV. You do not envision living in the condo for more than 5 years so you are thinkin...
Assume the risk free rate is 3.1% and the expected return on the market is 11%. Based on the CAPM, what should be the rate of return for a security having a beta of 1.21? Answer in percentage (%) fo...
answers pleasw During 2020, Teal Mountain Corporation started a construction job with a contract price of $6.2 million. Teal Mountain ran into severe technical difficulties during construction but man...
Project that has NPV -628.76 and IRR 37.54% Based on the borrow/lending problem, would you accept this project? Calculate - You may assume a 10% discount rate.
answer please Current Attempt in Progress During 2020, Culver Corporation started a construction job with a contract price of $6.16 million. Culver ran into severe technical difficulties during constr...
Suppose a condo generates $26,000 in cash flow in the first year. If the cash flows grow at 2% per year, the interest rate is 8%, and the building lasts forever, what is the present value of the condo...
Question B 0 @d']- ne leaching and learning resource from Cengage Learning Show Me How Print Item Proceeds from Notes Payable a. Determine the proceeds of the note, assuming the note carries an inte...
Monique's Boutique has assets of $897,000, current liabilities of $235,000, and long-term liabilities of $147,000. There is $136,000 in preferred stock outstanding; 30,000 shares of common stock have ...
kindly provide the gross profit with the notes thankyou * Your answer is incorrect During 2020, Teal Mountain Corporation started a construction job with a contract price of $6.2 million. Teal Mountai...
La empresa Cell Enterprise Corporation en sus estados financieros reportó $55 millones de ingreso neto y $320 millones de ganancias retenidas. Las ganancias retenidas anteriores eran de $525 millones...
A new furnace for your small factory is being installed right now, will cost $37,000, and will be completed in one year. At that point, it will require ongoing maintenance expenditures of $2,500 a yea...
You have been asked to forecast Orwell's additional funds needed (AFN) for next year. Assuming the firm is operating at full capacity and using the data in the table below, forecast Orwell's AFN for t...
Question 4: Joy Toy Ltd is a company producing toys for children in Halifax. Its summary statement of financial position (balance sheet) as at 31 October 2019 showed the following:   Assets £ Proper...
What is the difference between future value and present value? What data do you need to create a future value or present value calculation? What are various ways to calculate the time value of money ...
Which of the following entities must pay taxes for federal income tax purposes? Joint venture. General partnership. Limited partnership. C corporation.
Question 2: The statements of comprehensive income for Alicante plc, London plc and Madrid plc for the year ended  31 October 2020  are as follows: Statements of comprehensive income for t...
Lewis Securities Inc. has decided to acquire a new market data and quotation system for its Richmond home office. The system receives current market prices and other information from several online da...
The Albert Nock Company had $240 million of sales last year, and ${A} million of fixed assets which were being operated at 0.20% of capacity. What is the largest sales, in millions, that the company c...
(d) bad debts expense for the year totals $610;  I need to know how I am going to adjust the bad debt to the allowance. how much is the adjust?
The following information has been extracted from the draft financial statements of  Bradford Ltd  for the year ended  31 October 2020 . All figures are expressed in £'000s.          ?...
2.  Prepare the compounded journal entries to record the investment of partners under each of the following independent cases. (4pts. each) A.  Mr. A to contribute land with fair market value of ...
Old Time Savings Bank pays 5% interest on its savings accounts. If you deposit $2,000 in the bank and leave it there:  (Do not round intermediate calculations. Round your answers to 2 decimal places....
  b.  IFRS 10 and also IAS 28  detail the criteria for determining whether a company should be considered a subsidiary or an associated. A key issue is the distinction between significant influ...
Question 1 (30 Marks)  The following is the trial balance of Bintang Enterprise as at 31 Dec. 2019 Bintang Enterprise Trial Balance as at 31 Dec. 2019 Accounts Debit (RM) Credit (RM)     Inventory ...
I have a problem about the number "79500". I don't know how to calculate this number. 9. The December 31, 2014, balance sheet of Hess Corporation includes the following items:< 9% bonds payable due...
Mr. A and Mr. B agreed to form a partnership with a total agreed capital contribution of P1,000,000 cash. Prepare journal entries to record the partner's respective contribution. A. There is no agreem...
Si una empresa, que participa en la bolsa de valores de "X" país, con problemas financieros anuncia que realizará una reorganización administrativa para obtener mayor eficiencia. Esta acción conl...
La empresa XY compra 10 bonos a la empresa AB por la cantidad de $10,000 cada uno, cuya madurez es de 15 años, que serán convertidos al cabo de su madurez por 500 acciones. Al momento de adquirir l...
Perfect Ponds Inc. (PPI) is a backyard pond design and installation company. PPI was incorporated during 2020, with an unlimited number of common shares, and 49,000 preferred shares with a $3 divid...
IN YOUR OWN WORLD Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisio...
IN YOUR OWN WORLDS Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisi...
EFFICIENT CAPITAL MARKETS AND CAPITAL STRUCTURE   The CEO of Baldwin Corporation, Gregg Williams is meeting with the company's board of directors to discuss the possible effect of the company's capit...
What's the beta value for a market portfolio? Find two publicly-traded firms, one of which has the beta value larger than that of the market portfolio, and one of which has the beta value smaller than...
1.Consider the following information for the BU Scholarship Investment Fund. The total investment in the fund is $1 million. Stock A, Investment $200,000 Beta, 1.5, Expected Return 26%. Stock B, Inves...
Versus hamburgers issues 5% 10 year bond table at 70 on December 31, 2018 at December 31, 2020 bruce reported the bonds payable as follows long term liabilities bonds payable 300,000 less: discount on...
kindly indicate the emtries Question 3 of 12 < -71 Swifty Corporation shipped $23,000 of merchandise on consignment to Wildhorse Company. Swifty paid freight custs of $2,300. Wildhorse Company paid...
Why is inflation or inflation expectation an important driver of asset-class diversification?
also indicate how these accounts would be reported in teal Mountain's December 31 2020 (SFP) assuming that the contract Asset/ Liability account had a credit balance of $235000 View Policies Current A...
Old Time Savings Bank pays 5% interest on its savings accounts. If you deposit $2,000 in the bank and leave it there:  (Do not round intermediate calculations. Round your answers to 2 decimal places....
I need help with answering those question in the Excel sheet about for McDonald's and Wendy's. Hera are the questions in Photo while you can't open Excel sheet:   For the companies for McDonald'...
Southwestern Wear Inc. has the following balance sheet: Current assets$1,875,000  Accounts payable$   375,000 Fixed assets1,875,000  Notes payable750,000    Subordinated debentures750,000  ?...
Please check if my answer for differentiating Product Cost and Period Cost Help explain question b. — Product 1 Shipping costs on merchandise sold 2 Magazine subscriptions, factory lunch room Thread...
PLEASE elaborate!! and if you could use a reference that would be nice. Earnings multiples analysis is based on permanent earnings. Define permanent earnings. Earnings multiples analysis can use trail...
You have developed the following pro forma income statement for your​ corporation:  LOADING... . It represents the most recent​year's operations, which ended yesterday. Your supervisor in the...
IFRS 10 and also  IAS 28  detail the criteria for determining whether a company should be considered a subsidiary or an associated.  A key issue is the distinction between significant influence a...
Accounting for Investments  On 1/1/x1, Omega Corporation's net worth was as follows: Common stock (15,000 shares, $10 par value)                            $150,000 Additi...
The Friendly Bank provides zero-interest loans to customers. Develop a program that asks the user to enter an account number, customer name, and balance due. The customer will pay off the balance usin...
Calculate the company's 2020 FCF using both the PAT and the EBITDA approach.  Are they the same?  If not, why not? Calculate the company's free cash flow for 2021.  What growth rate assumption w...
Please use the provided attachment of the Project's Cash Flows to answer the following questions: Q1 ) Give a real-life example for each of the 8 projects. (Explain your reasoning for each) Q2 ) Assum...
This question is about break-even p oint and margin of safety. 3. Patioth Company operates with a single product. The following simple income statement relates to last year when sales units totaled 37...
Question 1 1. Risk and return are strongly related in Corporate Finance - The higher the expected risk, the higher the expected return. Group of answer choices A. True B. False   Question 2 2. Choose...
Please help on cost allocation caculation using step method. 2. PSI Company allocates support department costs to production departments before establishing predetermined overhead rates for Lee in pro...
CMS Corporation's balance sheet as of today is as follows: Long-term debt (bonds, at par)$10,000,000Preferred stock2,000,000Common stock ($10 par)10,000,000Retained earnings 4,000,000 Total debt and e...