Network Company requires four units of R2 for every unit of D2 that it produces. Currently, R2 is made by Network, with the following per unit costs in a period when 20,000 units were produced: Direct materials $ 6.00 Direct labor 2.50 Manufacturing overhead 5.60 Total $14.10 Variable manufacturing ov
Griffith Company started its production operations on July 1. During July, the silk-screening department completed 15,600 units. There were 2,400 units in ending inventory which were 75% complete with respect to materials and 20% complete with respect to conversion costs. During July, the department accumulated materials cost
John is considering buying a new pick up truck for his house-cleaning service for middle class customers. The middle class clients seem to be growing even though the economy seems to be not that hot. He is wondering whether he should opt for a sub-compact, or compact or full size pick up. The smaller truck would have better fuel
Monique is planning to increase the size of the manufacturing business that she operates as a sole proprietorship. She has a number of older assets that she will replace as part of the expansion. In addition, to finance this expansion she will have to sell some of her personal assets. Because it is close to the end of the tax ye
1. Robert, the Sole Proprietor of a consulting business, has gross receipts of $500,000 in 2006. Expenses paid by his business are: a. Advertising $ 2,500 b. Employee Salaries 150,000 c. Office Rent 24,000 d. Supplies 18,000 e. Taxes and Licenses 17,000 f. Travel (o
Height (in inches) for a sample of 15 male adults are: 62,82,79,76,73,,79, 79 75,75,72,72,72,69,69,69 Draw the histogram for these data using an initial class boundary of 61.5 and a class width of 6.
The Carlton Corporation has $4 million in earnings after taxes and 1 million shares outstanding. The stock trades at a P/E ratio of 20. THE firm has $3 million in excess cash. A. Compute the current price of the stock. B.If the 3 million is used to pay dividends , how much will dividends per share be? C.If the 3million is to
Allen, Inc., owns all of the outstanding stock of Bowen Corporation. Amortization expense of $9,000 per year resulted from the original purchase. For 2004, the companies had the following account balances: Allen Bowen Sales
On January 1, 2004, Mitchell Company has a net book value of $1,500,000 as follows: 1,000 shares of preferred stock; par value $100 per share, cumulative, non participative, non-voting, call value $108 per share........................................................................$100,000 20,000 shares of common stock, p
Ace Company reports current earnings of $400,000 while paying $40,000 in cash dividends. Byrd Company earns $100,000 in net income and distributes $10,000 in dividends. Ace has held a 70 percent interest in Byrd for several years, an investment that it originally purchased at a price equal to the book value of the underlying net
On April 1, 2004, Guns, Inc., purchases 70 percent of the outstanding stock of Roses Corporation for $430,000. The subsidiary's book value on that date was $500,000. Any excess cost was attributable to goodwill. During 2004, Roses generates revenues of $600,000 and expenses of $360,000. Both figures occur evenly throughout th
Question: What is the relationship between statistical quality improvement and Deming's 14 points?
1. Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order Size Low Medium High 1 lot 12 15 15 2 lots 9 25 35 3 lots 6 35 60 a. What decision should be
Dividend History and Forecast for FCF (Fluffy's Cat Farms) Provided by: Sal's Dubious Stock Forecasts, Inc. (SDSI) A Maryland Company Year 2005 2006 2007 (forecast) 2008 (forecast) Net Income 10,000 20,000 30,000 40,000 Sales Revenue 100,000 200,000 400,000 500,000 Dividend Payments per share $0.45 $0.55 $0.65 $1
If a firm has a balance sheet with 50% debt and 50% equity, cost of debt of 6%, tax rate of 35%, and a cost of equity of 12%, what is the firms weighted average cost of capital?
If a firm has a D/E ratio of 0.5, how much debt does it have for each dollar of equity?
A thirty year zero bond has a par value of $1000 and sells for $356.27 on the open market. The YTM of this bond is? keywords : find, finding, calculating, calculate, determine, determining, verify, verifying, evaluate, evaluating, calculate, calculating, prove, proving, yield-to-maturity
A certain stock paid a dividend of $2.00 yesterday and has a history of growth in dividends of 15% annually. What dividend will the stock pay in 10 years? a) $8.09 b) $20.31 c) $0.49 d) $20.00
Global Technology's capital structure is as follows: Debt 35% Preferred stock 15% Common equity 50% The after-tax cost of debt is 6.5 percent; the cost of preferred stock is 10 percent; and the cost of common equity (in the form of retained earnings) is 13.5 percent. Calculate Global Technology's weighted aver
Financial Accounting : Equity Method, Goodwill Impairment, Consolidated Incomes, Balances and Statements
17. Haynes, Inc., obtains 100 percent of Turner Company's common stock on January 1, 2002, by issuing 9,000 shares of $10 par value common tock. Haynes's shares had a $15 per share fair market value. On that date, Turner reported a net book value of $100,000. However, its equipment (with a five-year remaining life) was unde
Laser Electronics Company has $30 million in 8 percent convertible bonds outstanding. The conversion ratio is 50; the stock price is $17; and the bond matures in 15 years. The bonds are currently selling at a conversion premium of $60 over their conversion value. If the price of the common stock rises to $23 on this date n
What is the purpose of a survey? What are three examples of a survey and what potential purpose could each be used for? How can one work to ensure the participants of a survey will have their responses kept private? How can one work to ensure that information gained from a survey is unbiased? Would planning and having
Describe 5 data collection techniques in your own words. Explain why the examination of collected data is so important.
SPSS computation and Interpretation: Barron's conducts an annual review of online brokers, including both brokers that can be accessed via a Web browser, as well as direct-access brokers that connect customers directly with the broker's network server. Each broker's offerings and performance are evaluated in six areas, using a
The Austin, Texas plant of Computer Products produces floppy disk units for personal and small business computers. Gerald Knox, the plant's production planning director, is looking over next year's sales forecasts for these products and will be developing an aggregate capacity plan for the plant. The quarterly sales forecasts
Assume that Product Z is made up of two units of A and four units of B. A is made of three units of C and four units of D. D is made of two units of E. The lead time for Z is two weeks and for E the lead time is three weeks. The lead time for all other units is one week. The demand for Z is 100 units in Week 10 and 200 unit
Drop a Product/Opportunity Cost Midwestsern Sod Company produces two products: Fescue Grass and Bermuda Grass Bermuda Grass
Please help with the following problem. Provide calculations and explanations. 1. How much should a $1,000-face-value bonds sell for, assuming the following conditions: - The bond pays a coupon of 11% - The coupon payments are paid annually. - The required rate of return on similar-risk investments is 9%. - T
The repair manager at Standard Components needs to develop a priority schedule for repairing 8 Dell pc's. Each job requires analysis using the same diagnostic system. Futhermore,each job will require additional processing after the diagnostic evaluation. The manager does not expect any rescheduling delays,and the jobs are to mov
1. Determine which of the two investment projects a manager should choose if the discount rate of the firm is 10 percent. The first project promises a profit of $100,000 in each of the next four years, while the second project promises a profit of $75,000 in each of the next six years. 2. Determine which of two investment pro