Best Practice case
PAGE 485
GROUP 4
Members; Jerome, Farhad, Kartik, Thinesh, Pranya, Shan
Today's World
In order for companies to effectively keep up with
competitive environments they must ensure that the
procurement process is effective and something
Holden Corp, is having a record year and is forecasting sales of $50,000, The balance sheet for Holden Corp, is also given below, Based on this data, supply the missing intormation using
the percentage of sales approadt Assume that acoounts payable vary w
Current ratio
Your answer was:
The conect answer was: 3.121121
Current Assets _ $14,401]
Current Liabilities _ $4,801]
You will lose 2 marks for this part.
Current Ratio 2 = 3.1313 timels}
Quick ratio
Your answer was:
The conect answer was: [115
Quick R
Zcom Inc. has a debtiequity ratio of 1.00. The return on assets is 8 percent. and total equity is $320,000
a} What is the equity multiplier?
lEquity Multiplier = I
Marking
Equity multiplier
Your answer was:
The correct answer was: 2.00
Recall the formula
Preferential Features of Preferred Shares
Typically, preferred shareholders have priority over common shareholders over the distribution of dividends and, in the event of liquidation, over the distribution of assets. However, they do not usually
have the
Question 4 [2 points]
Your solution to the question was:
Star Inc. has bonds on the market making annual payments, with 5 years to maturity, and selling for $1,600. At this price, the bonds yield 5 percent. The lace value is $1000. What must the
coupon ra
The reacquisition of shares is oﬂen called a normal course issuer bid. In a normal course issuer bid, a company is allowed to repurchase up to a certain percentage ofits shares subject to regulatory
approval. It can purchase the shares gradually over a pe
When preferred shares are cumulative, preferred dividends that are not declared in a period are called dividends in arrears. No distribution can be made to common shareholders until this entire
cumulative preferred dividend is paid. In other words, divide
For example, assume that 5,000 common shares were issued by Hydro—Slide in exchange for a parcel ofland on January 27. The shares were trading at $3 .50 per share and the land was valued at $20,000
on the date of the acquisition. The transaction is record
Contributed capital is the amount shareholders paid, or contributed, to the corporation in exchange for shares ofownership. This includes share capital, which can consist ofboth common and
preferred shares. All corporations must issue common shares, where
1.
The following diagram shows a semicircle centre O, diameter [AB], with radius 2.
Let P be a point on the circumference, with POB = radians.
(a)
Find the area of the triangle OPB, in terms of .
(2)
(b)
Explain why the area of triangle OPA is the same as
1.
2
tan x =
1
3
tan x =
(M1)
1
(M1)
3
x = 30 or x = 150
(A1)(A1)(C2)(C2)
[4]
2.
(a)
30
Acute angle 30
(M1)
Note: Award the (M1) for 30 and/or quadrant diagram/graph seen.
2nd quadrant since sine positive and cosine negative
= 150
(b)
1
2
tan 150 = ta
1.
(a)
evidence of using area of a triangle
(M1)
1
eg A 2 2 sin
2
A = 2 sin
(b)
A1
N2
METHOD 1
POA =
1
2 2 sin (= 2 sin ( )
2
since sin ( ) = sin
then both triangles have the same area
area OPA =
(A1)
A1
R1
AG
N0
R3
AG
N0
METHOD 2
triangle OPA has the