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Suppose that current assets, costs, and accounts payable maintain a constant ratio to sales.

Radical Co. Balance Sheet Cash $ 50 Accounts payable $100 Inventory $150 Notes payable 100 Fixed assets $600 Long-term debt 350 Equity 250 Total assets $800 Total liabilities & equity $800 Radical Co. Income statement Sales $800 Costs 600 EBT $200 Taxes (34%) 68 Net income $132 a. Suppose that current assets, costs, and accounts payable maintain a constant ratio to sales. The firm retains 40% of earnings. i. If the firm is producing at full capacity, what is the total external financing needed if sales increase 25%, assuming fixed assets increase proportionately with sales (4 marks)? ii. If the firm is producing at only 90% capacity, describe how this would impact your answer. You don’t need to do a calculation, but it may help you to explain your reasoning. (3 marks) b.. Suppose the firm wishes to maintain a constant debt-equity ratio, retains 60% of net income, and raises no new equity. Assets and costs maintain a constant ratio to sales. What is the maximum inc

Once you have defined what the project is at a meeting, how do you communicate to the other members of the group

Once you have defined what the project is at a meeting, how do you communicate to the other members of the group about what progress is taking place? Please include the types of groupware that could be used to communicate with group members. Download A+ Rated Solution CLICK HERE Password shiv for unlock .doc, .xls, .zip file 

Initially the only information that I have is that the loan amount is for £500, the interest rate (simple interest) is fixed

Initially the only information that I have is that the loan amount is for £500, the interest rate (simple interest) is fixed at 0.7% per day, I want to repay over 5 installments and the term of the loan is 144 days.  i'm trying to work backwards by finding the monthly repayment and then I can calculate what element is capital and what is interest. Any amortization calculations online assume payments are for a full month. Is there a formula out there that works out the monthly repayment for uneven days in a month? I know that the 1st repayment will be taken 22 days after the loan is drawn down. Download A+ Rated Solution CLICK HERE Password shiv for unlock .doc, .xls, .zip file 

Provide detailed descriptions and show all calculations used to arrive at solutions for the following questions:

Provide detailed descriptions and show all calculations used to arrive at solutions for the following questions: 1. Community Hospital has annual net patient revenues of $150 million. At the present time, payments received by the hospital are not deposited for six days on average. The hospital is exploring a lockbox arrangement that promises to cut the six days to one day. If these funds released by the lockbox arrangement can be invested at 8 percent, what will the annual savings be? Assume the bank fee will be $2,000 per month. 2. St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned before the investment makes economic sense? 3. Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensa

The following information is available for Chasen Company, which has an accounting year-end of December 31, 2014

The following information is available for Chasen Company, which has an accounting year-end of December 31, 2014. A delivery truck was purchased on June 1, 2011, for $60,000. It was estimated to have an $6,000 salvage value. It is estimated to have a useful  life is 5 years, and an estimated total use of 120,000 miles. During 2014, the truck was driven 20,000 miles. At the end of 2014, the truck had not exceeded its total estimated use. The units-of-activity method of depreciation is being used. Land was purchased  on September 1, 2014 for $260,000. Because the land is located on a decommissioned military base, and is contaminated with chemicals and pollution, its estimated use life is only 20 years. Chasen Company would use the straight-line method of depreciation,  if applicable. A building was purchased on January 1, 1984, for $3,000,000. It was estimated to have a $60,000 salvage value at the end of its 30-year useful life. The straight-line method of depreciation is being used.

CHAPTER 21 UNIVARIATE STATISTICAL ANALYSIS

Business Research Methods ninth edition. 1) Complete question 10 in your textbook on page 578 (chapter 23). Create your table in Word as shown on page 578 for this question. Provide your findings in the space provided. Your response  should be at least 75 words in length. 2) Using Case Exhibit 21.1-1 on page 527 in the textbook, formulate a statistical hypothesis appropriate for the consumer group’s purpose, then calculate the mean average miles per gallon. Compute the sample variance  and sample standard deviation. Determine the most appropriate statistical test using the 0.05 significance level. Click here to view the t-distribution table to assist you in solving this problem. Also, refer to the Z-table (Table A.2 in the appendix). Download A+ Rated Solution CLICK HERE Password shiv for unlock .doc, .xls, .zip file 

Users of financial statements depend on companies to report fair and accurate financial data. Accounting standards and

Users of financial statements depend on companies to report fair and accurate financial data. Accounting standards and principles not only support this fair and accurate reporting, but they also help create consistency that allows for reliable financial comparisons between different companies. In the United States, the Securities and Exchange Commission (SEC) requires publicly-traded companies to follow the U.S. Generally Accepted Accounting Principles (U.S. GAAP). Although these authoritative accounting principles are primarily established by the FASB, there are many boards and organizations that contribute to the standard setting process. These principles have a direct impact on the way data is organized and presented, which in turn can have an impact on how companies make decisions and operate.For this Assignment, select one of the following: a U.S. company that conducts international trade, a U.S. company with foreign subsidiaries, or a multinational company. Consider the author

An example of a cash outflow from investing activities is

1. An example of a cash outflow from investing activities is A. the purchase of treasury stock. B. paying cash dividends. C. making a loan to another company. D. issuance of a note payable. 2. A business's Accounts Payable balance has decreased during the year. How would this affect the statement of cash flows operations section under the indirect method? A. It is already included in the net income. B. It does not affect the cash flow from operations. C. It would be added back to net income. D. It would be subtracted from net income. 3. A journal entry for the sale of $10 par-common stock for $18 per share would include a A. debit to Common Stock. B. debit to Paid-In Capital in Excess of Par–Common Stock. C. credit to Paid-In Capital in Excess of Par–Common Stock. D. credit to Cash. 4. The 2013 and 2014 balance sheets for Newport Industrial showed Cash of $8,000 and $9,500, respectively; Accounts Receivable of $14, 000 and $16,000, respectively

Prepare in proper form journal entries for the following transactions. Omit explanations.October

ASSIGNMENT 08 Part A (20 points) Prepare in proper form journal entries for the following transactions. Omit explanations.October 2 Owner made a cash investment into the company $5,000 8 Bought supplies on account $100. 10 Paid salaries, $700 15 Paid for supplies purchased on October 8 21 Received company telephone bill, to be paid later, $30Part B (5 points each for a possible total of 50 points) Part B (5 Points) Record the following selected transactions for January in a two-column journal, identifying each entry by letter:(a) Earned $7,000 fees; customer will pay later. (b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit (c) Paid $3,000 for rent for January. (d) Purchased $2,500 of supplies on account. (e) A. Allen $1,000 investment in the company. (f) Received $7,000 in cash for fees earned previously. (g) Paid $1,200 to creditors on account. (h) Paid wages of $6,250. (i) Received $7,150 from customers on account. (j) A. Allen withdrawal of

BUSINESS AND FINANCE BASICS 1 Multiple Choice Question

1. What is the effective rate of a $30,000 non-interest-bearing simple discount 5%, 60-day note? A. 5.14% B. 5% C. 6.0% D. 5.04% 2. (1 + markup percent on cost) × cost equals the A. cost at wholesale. B. selling price. C. cost at retail. D. markup. 3. Burton Bush wants to retire in Arizona when he is 80 years of age. Burton, who is now 55, believes he will need $400,000 to retire comfortably. To date, he has set aside no retirement money. If he gets an interest rate of 6% compounded annually, he will have to invest today. Using the tables in the Business Math Handbook that accompanies the course textbook, determine how much he must invest. A. $92,300 B. $93,200 C. $69,900 D. $96,500 E. 4. When markups are based on the selling price, the selling price is A. 100%. B. 100% + cost percent. C. cost – markup. D. the portion. 5. A local college bookstore paid a net price of $12,500 for textbooks for the coming semester. The publisher offered a trade discount of 20%. The publisher's o