Problem 4-28 Valuing free cash flowPhoenix Corp. faltered in the
Get college assignment help at Smashing Essays Question Problem 4-28 Valuing free cash flowPhoenix Corp. faltered in the recent recession but is recovering. Free cash flow has grown rapidly. Forecasts made in 2016 are as follows: ($ millions) 2017 2018 2019 2020 2021Net income 1.0 3.5 6.2 6.7 7.0Investment 1.0 2.5 2.7 2.9 2.9Cash Flow 0 1.0 3.5 3.8 4.1Phoenix’s recovery will be complete by 2021, and there will be no further growth in free cash flow. a. Calculate the PV of free cash flow, assuming a cost of equity of 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value $ million b. Assume that Phoenix has 10 million shares outstanding. What is the price per share? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price per share $ c. If the net income for 2016 is $1 million, what is Phoenix’s P/E ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) P/E ratio
1. Classification of Revenues/Support and Expenses. For each of the independent transactions listed
1. Classification of Revenues/Support and Expenses. For each of the independent transactions listed below, indicate which of the listed revenue or contribution classifications apply by choosing one or more of the letters from the listed items. Choose all that apply.TransactionRevenue and Contribution Classifications2. Recording and Reporting Transactions. INVOLVE was incorporated as a not-for-prof it voluntary health and welfare organization on January 1, 2017. During the fiscal year ended December 31, 2017, the following transactions occurred.Using this information3. Various Unrelated Transactions. Following are several unrelated transactions involving a university.Using this information4. Financial Statements – Public College. The following balances come from the trial balance of Wilson State College as of the end of the 2017 fiscal year.WILSON STATE COLLEGEPre-closing Trial BalanceJune 30, 2017 (000s omitted)DebitsCreditsCash and Cash Equivalents$3,278Investments$29,387Accounts Receivable$1,957Allowance for Uncollectible Receivables$137Due from State$79,626Inventories$869Cash and Cash Equivalents–Restricted$6,716Investments–Restricted$71,883Depreciable Capital Assets$184,620Accumulated Depreciation$28,850Nondepreciable Assets$89,481Accounts Payable$2,306Accrued Liabilities$2,039Unearned Revenue$13,789Compensated Absences -Current Portion$1,538Bonds Payable$92,116Compensated Absences$37,662Net Position–Net Investment in Capital Assets$158,715Net Position–Restricted for Debt Service–Expendable$1,157Net Position–Restricted for Capital Projects–Expendable$49,272Net Position – Restricted for Endowment–Nonexpendable$39,959Net Position–Unrestricted$36,559Tuition and Fees$30,095Tuition and Fees Discount and Allowances$7,565Grants and Contracts Revenue$18,196Auxiliary Enterprise Sales$14,595Investment Income$1,745State Appropriations$44,894Capital Appropriations$12,785Institutional Support Expenses$26,268Academic Support Expenses$58,940Scholarships and Fellowships Expense$7,664Depreciation Expense$5,580Interest Expense$378Auxiliary Enterprise Expenses$12,197Totals$586,409$586,406Information on Cash and Cash Equivalents ActivityBeginning Cash Balance$8,067Received Tuition and Fees (net)$23,609Received Grants and Contracts$12,940Received from Auxiliary Enterprises$13,765Payments to Employees$58,220Payments to Vendors$21,711Payments to Students for Scholarships and Fellowships$7,664Received State Appropriations39,894Received Capital Appropriations20,540Purchase of Capital Assets20,634Interest Paid on Debt2,095Interest Income1,503Using this information
all the question in the PDF file all the assignment should be
all the question in the PDF file all the assignment should be 2500 word ………………………………………………………………………………………………………………………………………………………
I will send you the study guide and lecture notes. total 4
I will send you the study guide and lecture notes. total 4 questions. You must know Singapore tax rules.
A 400-room hotel located near Boston’s Logan International airport (BOS) normally discounts
A 400-room hotel located near Boston’s Logan International airport (BOS) normally discounts very heavily (sometimes as much as 50 percent off the rack rate) on Sunday nights because, historically, it has sold an average of 100 rooms on that night. Historical data taken from the PMS indicates that over the past two months, occupancy percentage on Sunday nights averaged slightly less than 25 percent. Today is Sunday, and the PMS shows the property currently has 110 reservations on the books. The weather forecast, however, is for extremely heavy snowstorms of the type that have, in the past, significantly delayed flights or closed the airport. On nights such as these, the hotel has experienced a sell-out as airlines seek housing for their stranded passengers and delayed flight crews.
Your initial post should be 75-150 words in length. Best Financial RatiosThis
Your initial post should be 75-150 words in length. Best Financial RatiosThis week we covered Chapter 14, Financial Statement. Financial Statement is the use of different calculations and formulas to determine the financial health of an organization. Lean Manufacturing and Activity Analysis is about eliminating waste and focusing on the movement of goods and services in respect to customer demand. In regards to financial statements, please pick out four ratios discussed in the chapter that would best analyze the company you chose in Week 1’s threaded discussions. Discuss why these are the best calculations for the company you chose and in detail explain how they effectively analyze the financial health of that firm.Please provide original work. No plagiarizing.Company I chose in Week 1 Discussion is below:Managerial accounting also called cost accounting is the process of measuring after identifying, analyzing, interpreting and also communicating information to the supervisors or the managers in pursuit of objectives of a particular Organization/Company. Fiat Chrysler Automobiles N.V. is an Italian-American Multinational entity and ranked as the world’s number eight largest auto creators (Maryanne M. Mowen, 2015) . The Company is headquartered in the Netherlands with the financial headquarters based in London for purposes of tax filing among others.At Fiat Chrysler Automobiles N.V, managerial accounting is used in consolidating the stakes with an example of an instance where the Company together with Renault raised the stakes for themselves by ruling out the closure of plants (Maryanne M. Mowen, 2015) . This increases pressure to achieve more than $4 billion, in particular, promised savings for the year from pooling research and procurement investments. Such a plan is a forward move for a merging two entities hence calling for analyzing, interpreting and communicating this information to the stakeholders (Maryanne M. Mowen, 2015) .ReferencesMaryanne M. Mowen, D. R. (2015). Managerial Accounting: The Cornerstone of Business Decision-Making at Fiat Chrysler Automobiles N.V. Chicago: Advent Press.
firm that you would invest in
Read the Wall Street Journal, look online or from prior knowledge identify one firm that you would recommend investing in. Write 250 words about the firm and why you feel it is a good investment at this point in time. Include its stock price and its annual revenue (sales). Discuss its product(s) and competition.
Assume you are 45 years old, want to retire in 20 years,
Assume you are 45 years old, want to retire in 20 years, and currently have an investment portfolio valued at $240,000 invested in technology stocks. After talking with a financial advisor, you feel you have “too many eggs in one basket” and need to diversify your investments. Based on this information, use the asset allocation method described in this chapter and the table below to diversify your investment portfolio. Then in a short paragraph explain why you chose these investments.
and respond the following questions
Participation Exercise #9: After viewing the video below respond to the following question: If you owned a merchandiser which inventory costing method would you choose to use? Explain.Participation Exercise #10: After viewing the video below respond to the following question:List and discuss at least two reasons why a pharmacy should use the perpetual inventory system.
Mr. Roy is an engineer. He completed his graduation five
Question Mr. Roy is an engineer. He completed his graduation five years before and started working with different manufacturing company. After getting some practical experience in manufacturing industries, he decided to start a business of his own and established a private company two years before and named it Kitchener Manufacturing Company. It was established to make two basic products X-1 and X-2.After first year of its operation, he realized that he should learn basic techniques of running a business. He heard about “The Centre for Entrepreneurship Development” of Conestoga College. This centre provides training to entrepreneurs on managerial, financial and technical aspects of establishing and running an enterprise. Mr. Roy took a course on financial planning during summer and learned about the importance of budgeting for financial planning and control.He learned that budget is the quantitative tool for planning and control. It provides pre-determined estimate of cost or price for a certain level of activity. It helps to forecast the cash requirements in advance. He is interested in making an arrangement with the bank a line of credit in advance and getting a lower rate of interest for his loan.He believes in participative budgeting system and gathered information about the operating levels and estimates of costs and revenues for 2018. He also gave the actual data which are different from the budgeted. Attachment 1 Attachment 2 Attachment 3 Attachment 4 Attachment 5 ATTACHMENT PREVIEW Download attachment QQ截图20190630204344.jpg Data (both budgeted and actual) that have been assembled by the managers for. 2018 follow:: Requirements for finished units: : X-1 : X-Z : : Raw materials – 1: 10 kg: 8 kg: : Raw materials – 2: -: 4 kg: : Raw materials – 3: 2 units: 1 Unit: «a Direct labour: 5 hours: 8 hours: : Sales price : $100: $150: : Sales units: 12,000: 9,000:: Estimated beginning inventory (Units): 400: 150: : Desired ending inventory (Units): 300.: 200.: : The standard cost of raw materials and the inventory policy of the company are given below: : Raw Materials: .: Types of Raw Materials: 1: 2: 3: .: Cost: $2 per kg. $2.5 per kg. $0.50 per unitm: Estimated beginning inventory : 3,000 . 1,500 . 1,000 .: : Desired ending inventory: 4,000 . 1,000 . 1,500 : : The budgeted direct labour wage rate is S 4.00 per hour. Overhead is applied on the basis of direct labour hours. The tax rate is 40%.: ATTACHMENT PREVIEW Download attachment QQ截图20190630204359.jpg The budgeted sales level is divided into quarters. The company estimated that 20% of the annual sales will be in the first quarter, 30% in the second, and 25% in the third and fourth quarters. The beginning inventory of finished products has the same cost per unit as the ending inventory. The work-in-process inventory is negligible. The sales forecast of the company is shown below: Quarters X-1 X-2 . Total Units Units $ First quarter. 2,400 240,000 1,800 270,000 510,000 Second 3,600 360,000 2,700 405,000 765,000 quarter Third Quarter 3,000 300,000 2,250 337,500 637,500 Fourth 3,000 300,000 2,250 337,500 637,500 Quarter Total. 12,000 1,200,000 9,000 1,350,000. 2,550,000Read more ATTACHMENT PREVIEW Download attachment QQ截图20190630204428.jpg The Manufacturing overhead costs of the company (actual and projected) are as follows: Elements of overhead costs Actual Projected for 131,900 Labour Hour Indirect materials – Variable- $10,500 $10,000 Misc. supplies and tools – Variable – 5,000 5,000 Indirect labour – Variable – 41,000 40,000 Supervision -Fixed 20,000 20,000 Payroll taxes and fringe benefit – Variable – 76,000 75,000 Maintenance costs-fixed 20,500 20,000 Maintenance costs-variable – 10,000 10,000 Depreciation-Fixed 70,000 70,000 Heat, light and power-Fixed . 8,750 8,710 7 Heat, light and power-Variable – 5,250 5,090 Total 267,000 $263,800 ATTACHMENT PREVIEW Download attachment QQ截图20190630204437.jpg The actual and budgeted selling and administrative costs are as follows: Advertising – $60,000 Sales salaries. 200,000 Travel and entertainment 60,000 Depreciation-warehouse 5,000 Office salaries 20,000 Executive salaries 250,000 Supplies 4,000 Depreciation-Office- 6,000 Total $605,000 The actual data for products X-1 and X-2 are given below:
alt=”Accting 101-2.JPG” />Please help in answering all of the questions
Get college assignment help at Smashing Essays Question alt=”Accting 101-2.JPG” />Please help in answering all of the questions (1-5) Attachment 1 Attachment 2 Attachment 3 ATTACHMENT PREVIEW Download attachment Accting 101-1.JPG ATTACHMENT PREVIEW Download attachment Accting 101-2.JPG ATTACHMENT PREVIEW Download attachment Accting 101-3.JPG
These are not tutor’s questions. These question I need help
Question These are not tutor’s questions. These question I need help to understand how it can be solved. Hi , Please help me to solve the following question with explaination. I have the answers but I am having difficulty to understand the problem.1. Cash was paid by California Ltd to creditors. Which of the following entries for California Ltd’s records this transaction? A. Dr Cash Cr Accounts PayableB. Dr Accounts Payable Cr CashC. Dr Accounts Receivable Cr CashD. Dr Cash Cr Accounts ReceivableE. None of the above 2. Which of the following entries records the receipt of an electricity bill by Broome Ltd from the Western Australian power company? A. Dr Electricity expense Cr Accounts payableB. Dr Electricity payable Cr Accounts payableC. Dr Accounts payable Cr Electricity expenseD. Dr Accounts payable Cr Utilities payableE. None of the above 3. When goods for re-sale are ordered by a LA Ltd, what is the accounting entry? A. Dr Inventory Cr Accounts PayableB. Dr Purchases Cr Accounts PayableC. Dr Accounts Receivable Cr Accounts PayableD. None of the above 4. Inventory of $100,000 was purchased by Houston Ltd on credit. The journal entry is: A. Dr Inventory Cr CashB. Dr Inventory Cr Accounts PayableC. Dr Accounts Payable Cr InventoryD. Dr Inventory Cr Accrued ExpensesE. None of the above 5. The inventory purchased above by Houston Ltd was sold on credit for $150,000. The journal entry is: A. Dr COGS $100,000 Cr Inventory $100,000B. Dr Cash $150,000 Cr Accounts Receivable $150,000C. Dr Accounts Receivable $150,000 Cr Sales $150,000D. A and CE. None of the above 6. Denver Corporation paid $1 million for a business and acquired the following assets and liabilities: Property, Plant and Equipment $700,000 Accounts Receivable $200,000 Inventory $300,000 Accounts Payable $250,000 The following entry would be made for goodwill: A. Dr Goodwill $50,000B. Dr Goodwill $950,000C. Cr Goodwill $200,000D. Goodwill is not entered in the accounts until the business is soldE. None of the above Answer the following seven questions pertaining to New York Ltd according to the journal entry required to record the transaction. 7. New York Ltd received cash from customer. A. Dr Accounts Receivable Cr CashB. Dr Cash Cr Accounts PayableC. Dr Cash Cr Accounts ReceivableD. None of the above 8. New York Ltd purchased goods on credit. A. Dr Inventory Cr Accounts PayableB. Dr Inventory Cr Accounts ReceivableC. Dr Accounts Receivable Cr InventoryD. None of the above 9. Depreciation expense for the year on New York Ltd’s motor vehicles. A. Dr Motor Vehicles Cr Accumulated DepreciationB. Dr Accumulated Depreciation Cr Depreciation ExpenseC. Dr Depreciation Expense Cr Motor VehiclesD. Dr Depreciation Expense Cr Accumulated DepreciationE. None of the above 10. New York Ltd’s estimated income tax for the year. A. Dr Income Tax Expense Cr Retained ProfitsB. Dr Taxes Payable Cr Income Tax ExpenseC. Dr Income Tax Expense Cr Taxes PayableD. None of the above 11. The amount of income tax previously estimated is now paid by the management of New York Ltd. A. Dr Taxes Payable Cr Income Tax ExpenseB. Dr Income Tax Expense Cr Taxes PayableC. Dr Taxes Payable Cr Retained ProfitsD. Dr Taxes Payable Cr CashE. None of the above 12. The board of directors of New York Ltd declared a dividend. A. Dr Retained Profits Cr Dividend PayableB. Dr Dividend Payable Cr CashC. Dr Dividend Payable Cr Retained ProfitsD. None of the above 13. The dividend previously declared by New York Ltd now paid. A. Dr Retained Profits Cr Dividend PayableB. Dr Dividend Payable Cr CashC. Dr Cash Cr Dividend PayableD. None of the above 14. Boston Ltd purchases inventory for $220, paying $50 cash and owing the rest. The journal entry will include: A. A debit to creditors of $170B. A debit to inventory of $170C. A credit to creditors of $50D. None of the above 15. Chicago Ltd borrowed $10,000 from a finance company, promising to repay the debt in 3 years’ time together with interest at 12% p.a. Chicago Ltd should record the transaction as: A. Dr Cash Cr Loan Cr Interest PayableB. Dr Loan Cr CashC. Dr Cash Dr Interest Expense Cr LoanD. Dr Cash Cr LoanE. None of the above 16. Detroit Ltd received its monthly bank statement showing bank charges of $20. The transaction should be recorded as: A. Dr Cash Cr Bank ChargesB. Dr Accounts Payable Cr CashC. No record necessaryD. None of the above The following information relates to Austin Ltd and pertains to the next four questions. Austin Ltd performs services for a client on 30 June 2018 and bills the client $350 to be paid within sixty days. Payment is duly made on 29 August 2018. Accrual accounting is used by both parties. 17. What is the journal entry made by Austin Ltd on 30 June 2018? A. Dr Service Revenue Cr Accounts PayableB. Dr Accounts Receivable Cr CashC. Dr Accounts Receivable Cr Service RevenueD. None of the above 18. What is the journal entry made by Austin Ltd on 29 August 2018? A. Dr Cash Cr Accounts ReceivableB. Dr Cash Cr Service RevenueC. Dr Accounts Receivable Cr CashD. None of the above 19. What is the journal entry made by the client on 30 June 2018? A. Dr Accounts Payable Cr Accounting ExpensesB. Dr Accounting Expenses Cr Accounts PayableC. Dr Accounting Expenses Cr CashD. None of the above 20. What is the journal entry made by the client on 29 August 2018? A. Dr Accounting Expenses Cr CashB. Dr Cash Cr Accounting ExpensesC. Dr Accounting Expenses Cr Accounts PayableD. None of the above The following information relates to San Francisco Ltd and pertains to the next two questions. On 30 June 2018 San Francisco Ltd, which uses accrual accounting estimates that it will incur warranty costs of $24,000 in the next financial year on products sold during the year just ended. On 7 October 2018 the manufacturer pays $3,500 under the warranty. 21. What is the journal entry made by San Francisco Ltd on 30 June 2018? A. Dr Warranty Liability Cr CashB. Dr Warranty Liability Cr Warranty ExpenseC. Dr Warranty Expense Cr Warranty LiabilityD. None of the above 22. What is the journal entry made by San Francisco Ltd on 7 October 2018? A. Dr Warranty Expense Cr Warranty LiabilityB. Dr Warranty Liability Cr Warranty ExpenseC. Dr Warranty Liability Cr CashD. Dr Cash Cr Warranty LiabilityE. None of the above 23. On 14 April 2018 Seattle Ltd sells on credit for $8,000 merchandise which had cost $5,000. Which of the following journal entries would Seattle Ltd make on 14 April 2018? A. Dr Cost of Goods Sold $5,000 Cr Inventory $5,000B. Dr Accounts Receivable $8,000 Cr Sales $8,000C. Dr Cash $8,000 Cr Accounts Receivable $8,000D. A and BE. None of the above The following information relates to Washington Ltd and pertains to the next two questions. At 30 June 2006 Washington Ltd had a balance in Accounts Receivable of $40,000 and a Allowance for Doubtful Debts of $2,000. It was decided to write off as irrecoverable the debt of Houston Ltd totalling $3,500. It was further decided that the Allowance for Doubtful Debts should stand at 10% of Accounts Receivable. 24. What was the journal entry made by Washington Ltd to write-off the debt of Houston Ltd as irrecoverable? A. Dr Allowance for Doubtful Debts $3,500 Cr Accounts Receivable $3,500B. Dr Bad Debts Expense $3,500 Cr Allowance for Doubtful debts $3,500C. Dr Bad Debts Expense $3,500 Cr Accounts Receivable $3,500D. None of the above 25. What was the journal entry to bring the Allowance for Doubtful Debts to the required level after writing off the debt of Houston Ltd? A. Dr Bad Debts Expense $4,000 Cr Allowance for Doubtful Debts $4,000B. Dr Bad Debts Expense $5,150 Cr Allowance for Doubtful Debts $5,150C. Dr Bad Debts Expense $5,500 Cr Allowance for Doubtful Debts $5,500D. Dr Allowance for Doubtful Debts $3,500 Cr Accounts Receivable $3,500E. None of the above 26. The correct classification for the following five ledger accounts in the chart of accounts is: 1. Prepayments 2. Municipal rates 3. Depreciation 4. Accumulated depreciation 5. Accrued expenses A. 1. Asset 2. Expense 3. Expense 4. Asset 5. ExpenseB. 1. Asset 2. Expense 3. Asset 4. Expense 5. LiabilityC. 1. Asset 2. Expense 3. Expense 4. Asset 5. LiabilityD. 1. Expense 2. Expense 3. Expense 4. Expense 5. ExpenseE. None of the above 27. If New York Ltd pays a 12 month insurance premium for $1,200 on 1 May 2018, at 30 June 2018 the accounts will show: A. A prepayment of $1,000 in the balance sheet and an insurance expense of $200 in the income statementB. A prepayment of $200 in the balance sheet and an insurance expense of $1,000 in the income statementC. $1,200 asset in the balance sheetD. $1,200 expense in the income statementE. None of the above 28. If the last wages bill for the year is paid by San Francisco Ltd on 28 June and $10,000 is owing at 30 June in unpaid wages: A. The $10,000 would appear as accrued wages payable in the balance sheet but it would not be included in the expenses for the year.B. The $10,000 would appear as accrued wages payable in the balance sheet and would be included in the expenses for the year.C. The 10,000 would not be included in either the balance sheet or the income statementD. None of the above. 29. The balance in the prepaid rent account of Denver Ltd before adjustment at the end of the year is $15,000, which represents three months’ rent paid on May 1. The adjusting entry required on June 30 is: A. Dr Rent Expense $10,000 Cr Prepaid Rent $10,000B. Dr Rent Expense $5,000 Cr Prepaid Rent $5,000C. Dr Prepaid Rent $10,000 Cr Rent Expense $10,000D. Dr Prepaid Rent $5,000 Cr Rent Expense $5,000E. None of the above 30. What is the proper adjusting entry at June 30, the end of the financial year, based on a supplies account balance before adjustment, $5,200, and supplies inventory on June 30, $1,200? A. Dr Supplies $1,200 Cr Supplies Expense $1,200B. Dr Supplies Expense $1,200 Cr Supplies $1,200C. Dr Supplies Expense $4,000 Cr Supplies $4,000D. Dr Supplies $4,000 Cr Supplies Expense $4,000E. None of the above 31. Seattle Ltd pays weekly salaries of $25,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the financial period ending on Wednesday is: A. Dr Salaries Payable $15,000 Cr Cash $15,000B. Dr Salary Expense $15,000 Cr Salaries Payable $15,000C. Dr Salary Expense $10,000 Cr Salaries Payable $10,000D. Dr Salaries Payable $10,000 Cr Cash $10,000E. None of the above 32. The net profit reported on California Ltd’s income statement is $50,000. However, adjusting entries have not been made at the end of the period for depreciation of $500 and accrued salaries of $1,300. Net profit should be: A. $48,200B. $48,700C. $50,000D. $50,500E. None of the above 33. A machine purchased by New jersey Ltd on 1 July 2016 cost $100,000 and has a zero estimated salvage value. The life of the machine is five years. What is the balance of accumulated depreciation at 30 June 2018? A. $20,000B. $40,000 C. $60,000D. None of the above The following information relates to Boston Ltd and pertains to the next two questions. On 15 September 2018 Boston Ltd receives an advance of $7,000 from a client for future services. The work was completed to the client’s satisfaction on 10 October 2018. The surveyor uses accrual accounting. 34. What is the journal entry made by Boston Ltd on 15 September 2018? A. Dr Cash Cr Unearned RevenueB. Dr Unearned Revenue Cr CashC. Dr Cash Cr Surveying RevenueD. Dr Customer Deposits Cr Unearned RevenueE. None of the above 35. What is the journal entry made by Boston Ltd on 10 October 2018? A. Dr Cash Cr Unearned RevenueB. Dr Accrued Revenue Cr Surveying RevenueC. Dr Unearned Revenue Cr Surveying RevenueD. Dr Surveying Revenue Cr Unearned RevenueE. None of the above The following information relates to LA Ltd and pertains to the next three questions. LA Ltd uses accrual accounting and its financial year ends on 30 June. Expenses paid in advance are treated as assets. On 1 May 2018 Data Ltd pays $480 for a one year fire insurance policy that expires on 30 April 2019. 36. What is the journal entry made by LA Ltd on 1 May 2018? A. Dr Insurance Expense $80 Cr Prepaid Insurance $80B. Dr Insurance Expense $480 Cr Prepaid Insurance $480C. Dr Prepaid Insurance $480 Cr Cash $480D. Dr Insurance Expense $480 Cr Cash $480E. None of the above 37. What is the journal entry made by LA Ltd on 30 June 2018? A. Dr Prepaid Insurance $480 Cr Cash $480B. Dr Prepaid Insurance $80 Cr Insurance Expense $80C. Dr Insurance Expense $480 Cr Prepaid Insurance $480D. Dr Insurance Expense $80 Cr Prepaid Insurance $80E. None of the above 38. Which of the following will appear on LA Ltd’s balance sheet at 30 June 2018? A. Prepaid insurance $480B. Prepaid insurance $400C. Prepaid insurance $80D. Insurance expense $80E. None of the above 39. Detroit Ltd pays salaries on Friday to cover the previous five working days up to including Thursday. The weekly wages bill is $100,000. 30 June 2018 falls on a Monday. The adjusting journal entry on 30 June 2018 will be: A. Dr Wages Expense $20,000 Cr Accrued Wages $20,000B. Dr Wages Expense $40,000 Cr Accrued Wages $40,000C. Dr Accrued Wages $20,000 Cr Wages Expense $20,000D. Dr Accrued Wages $40,000 Cr Wages Expense $40,000E. None of the above 40. Hollwood Ltd invested $200,000 with a bank for one year at 12% on 1 September 2017 (interest payable at end of loan). What is the adjusting journal entry at balance date, 30 June 2018? A. Dr Accrued Revenue $18,000 Cr Interest Revenue $18,000B. Dr Accrued Revenue $20,000 Cr Interest Revenue $20,000C. Dr Accrued Revenue $24,000 Cr Interest Revenue $24,000D. Dr Unearned Revenue $18,000 Cr Interest Revenue $18,000E. None of the above
Final Research Paper: Literature Review Section:The Literature Review section should approximate 8
Final Research Paper: Literature Review Section:The Literature Review section should approximate 8 to 10 pages that includes the following:1) A review of the research articles2) Appropriate Level 2 Headings (Left-aligned, Boldface, Uppercase and Lowercase Heading) based on topics of your review. You may also include Level 3 (Indented, boldface, lowercase heading with a period.) Headings if needed.NOTE: I have attached introduction Part that you have worked on Last week. You may continue writing the Literature review after the Introduction Section. Also, attached article reviews for your reference to write literature review. Please let me know if you want me to upload the Journal Articles. ALSO DO NOT FORGET TO INCLUDE REFERENCES FROM ARTICLES REVIEWS TO RESEARCH PAPERFinal Research Paper:Over the course of this class, you will prepare a paper relating to a dissertation topic that may be of interest.Please note that this course requires you to focus your research based on existing research literature from peer-reviewed journal articles. Ideally, the topic you are studying is one that has connections to the dissertation topic you wish to study.The paper must be objectively written in the third person; papers that contain “I, we, our…” will not be evaluated. Students will utilize at least 10 resources (all of which should be academic research journals). Students should plan to submit 15 pages of APA formatted text.
The two-year interest rate is 11.0% and the expected annual
Question The two-year interest rate is 11.0% and the expected annual inflation rate is 5.5%. a.What is the expected real interest rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected real interest rate % b-1. If the expected rate of inflation suddenly rises to 7.5%, what does Fisher’s theory say about how the real interest rate will change? Real rate increases Real rate decreasesReal rate does not change b-3. If the expected rate of inflation suddenly rises to 7.5%, what will be the new nominal rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Nominal rate %
Perdon Corporation manufactures safes—large mobile safes, and large walk-in stationary
Question Perdon Corporation manufactures safes—large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead. Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment Screen Shot 2019-06-30 at 10.00.08 PM.png Mobile Safes Walk-in Safes Units planned for production 190 60 Material moves per product line 300 290 Purchase orders per product line 460 340 Direct labor hours per product line 810 1,710 The total estimated manufacturing overhead was $271,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, e.g. 12.25.) (1) One mobile safe $ per unit (2) One walk-in safe SJ per unit The total estimated manufacturing overhead of $271,000 was comprised of $179,000 for materials handling costs and $92,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, e.g. 12.25.) What amount of materials handling costs are assigned to: (b) One walk-in safe per unit (a) One mobile safe $ per unit $ ATTACHMENT PREVIEW Download attachment Screen Shot 2019-06-30 at 10.00.15 PM.png The total estimated manufacturing overhead of $271,000 was comprised of $179,000 for materials handling costs and $92,000 for purchasing activity costs. Under activity-based costing (ABC): (Round answers to 2 decimal places, e.g. 12.25.) What amount of purchasing activity costs are assigned to: (a) One mobile safe $ lper unit (b) One walk-in safe ‘per unit A Compare the amount of overhead allocated to one mobile safe and to one walk-in safe under the traditional costing approach versus under ABC. (Round answers to 2 decimal places, e.g. 12.25.) Traditional Costing Activity-Based Costing Mobile safe A Walk-in safe J $ , 4% Click if you would like to Show Work for this question: Qpen Show Work
I have been receiving some incorrect answers and would appreciate
Question I have been receiving some incorrect answers and would appreciate all the help I can get with correct answers. thanks Attachment 1 Attachment 2 Attachment 3 Attachment 4 Attachment 5 Attachment 6 Attachment 7 ATTACHMENT PREVIEW Download attachment A1.JPG ATTACHMENT PREVIEW Download attachment A2.JPG ATTACHMENT PREVIEW Download attachment A3.JPG ATTACHMENT PREVIEW Download attachment A4.JPG ATTACHMENT PREVIEW Download attachment A5.JPG ATTACHMENT PREVIEW Download attachment A6.JPG ATTACHMENT PREVIEW Download attachment A7.JPG
Problem 6-8 Equivalent annual cash flowsMachines A and B are
Question Problem 6-8 Equivalent annual cash flowsMachines A and B are mutually exclusive and are expected to produce the following real cash flows: Cash Flows ($ thousands)Machine A C0 -115 C1 125 C2 136 C3 Machine B -75 100 75 75 The real opportunity cost of capital is 10%. a. Calculate the NPV of each machine. (Do not round intermediate calculations. Enter your answers in dollars not in thousands, e.g. 123,456. Round your answers to the nearest whole dollar amount.) Machine A NPV $Machine B NPV $ b. Calculate the equivalent annual cash flow from each machine. (Do not round intermediate calculations. Enter your answers in dollars not in thousands, e.g. 123,456. Round your answers to the nearest whole dollar amount.) Cash FlowMachine AMachine B c. Which machine should you buy? Machine AMachine B
Analyzing Financial Statements of United States Based CorporationsScenarioEach student is
Question Analyzing Financial Statements of United States Based CorporationsScenarioEach student is to select a United States based public (shares are listed on a major stock exchange) company for this project. You will need to locate the company’s income statement and balance sheet for the past two years. The project is to be completed Individually – this is not a group project.Requirements
Lahore Ltd commenced operations on 1 June and makes a
Question Lahore Ltd commenced operations on 1 June and makes a single product, which sells for $14 per unit. In the first two months of operations, the following results were achieved:Production output: June 6,000 July 6,000 (number of units)Sales volume: June 4,000 July 5,000 (number of units)Opening inventories: June — July 2,000 (number of units)Closing inventories: June 2,000 July 3,000 (number of units)The fixed manufacturing cost is $18,000 per month and variable manufacturing cost is $5 per unit. There is also a monthly fixed non-manufacturing cost (marketing and administration) of $5,000. There was no work in progress at the end of either June or July.Required:a) Calculate operating profit for each month, first using a marginal costing approach and then a full (absorption) costing approach. (10 marks)b) Explain the reason behind change in profit under variable and absorption costing. (2 marks)
Problem 17-6 Leverage and the cost of capitalMacbeth Spot Removers
Question Problem 17-6 Leverage and the cost of capitalMacbeth Spot Removers is entirely equity financed. Use the following information. DataNumber of shares 2,300Price per share $36Market value of shares $82,800Expected operating income $12,420Return on assets 15% Macbeth now decides to issue $41,400 of debt and to use the proceeds to repurchase stock. Suppose that Ms. Macbeth’s investment bankers have informed her that since the new issue of debt is risky, debtholders will demand a return of 11.2%, which is 2.8% above the risk-free interest rate. a. What are rA and rE after the debt issue? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Return on assets %Return on equity % b. Suppose that the beta of the unlevered stock was .60. What will βA, βE, and βD be after the change to the capital structure? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Asset betaDebt betaEquity beta
1 The Goodyear Tire
Question 1 The Goodyear Tire
The post Problem 4-28 Valuing free cash flowPhoenix Corp. faltered in the appeared first on Smashing Essays.
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