A firms principal goal should be to
the wealth of its stockholders, which
maximizing the value of its stock.
l Free enterprise is still the best economic
for the country as a whole.
l However, some constraints are needed
Spring 2015 UWBBUS 350 Midterm Exam (Part II)
Part II. Problem Solving: Please show your detailed steps, specify your entries into the financial
calculator. You will lose majority of the points if you choose to skip steps. (There are 4 problems in
Cost of certification program:
Initial base pay differential:
growth rate of salary differential
This is when tuition is due
years after initial investment:
PV of salary differenti
Inventory turnover ratio for 2005 is 5.89 (1535/278), and for 2006 is 4.8 (1818/379). This shows
that Jones has been overconfident in his predictions. Increasing the inventory is a reason that the
company is facing cash money shortage. All of these have d
Case Study using 10-K companies about their Inventory especially between Eastman
Kodak Co and Canon Inc.
- After reviewing the financial statements and footnotes in the 10-K, discuss what inventory costing
method both companies use (e.g. FIFO, LIFO, etc.)