Dividend Computations Reiner Wholesale Merchandise had 20,000 shares of 5%, $20 par value preferred stock and 15,000 shares of $25 par value common stock outstanding throughout 2003. These data apply to each of the independent situations below. 1. Assuming that total dividends declared in 2003 were $35,000 and that the pre
PART I You will be a member of the newly-formed project staff team. This team will need to realize process gains within its first three months. You want to help, not hinder, the team's progress, so you decide to do some research upfront. You bring up your challenge at your managerial networking meeting. You pose the following q
The network representation for a given project is shown below: See attached sheet Estimated activity durations in days (te) , standard deviation for each activity (), the number of days each activity can be crashed by and crash cost per day are as follows: See attached document for data. a) Find out and explici
Using the spreadsheet document labeled Soundsleep Funds Data, generate the Jensen's alpha and Sharpe ratio for each fund. Next, create two sets of rankings-one based on each of these measures. Note that an example, as seen in the Fast Track Growth Fund Update, has been included for your review. This should assist you with your c
Suppose a firm evaluates the productivity of the three shifts of workers who work in their factory. Each shift's performance is measured on the amount of output that is produced during the shift - day, evening, or swing shift. Based on these ratings presented in the table below, produce an ANOVA analysis in Excel (see the exam
1) JJ Industries currently has a capital structure that consists of 75 percent common equity and 25 percent debt. The risk-free rate is 5 percent. The market risk premium is 6 percent. JJ's common stock has a beta of 1.2. JJ has 20 year bonds outstanding with an annual coupon rate of 12 percent and a face value of $1,000. The bo
Accuracy of data input is important. What method of physical data input (i.e hardware device) would be best for each of the following situations and explain why: Printed questionnaires Telephone survey Bank checks Retail tags Long documents Convenience and quality of output are important. Explain what physical method of output (i.e. hardware device) would be best for each of the following situations and explain why: Hand held computer Color photograph Resume Memorandum Statistical report Company annual report Different types of storage devices are optimal for different situations. Explain what situations are appropriate for the following devices and explain why: Hard disk Floppy disk RAM CD ROM Tape Explain the role of each of the following in determining the speed of a computer: RAM Clock speed Data on hard disk Data on CD ROM Data on floppy disk
The best method for data input would be a keyboard. The reason the keyboard would be best is because... The output device for device would be a USB connection to a desktop computer. I did not see this on the reading but felt this would be the best. By using a USD port (which happens to be one of fastest ways to transfer data
Excel spreadsheet you provided I calculated the correlation coefficient for data at .891. Can you please use this data and Excel spreadsheet and provide the calculations to arrive at the correlation coefficient of .891? In addition, what would the correlation coefficient of .891 tell us about the data ?
A survey of top executives revealed that 35 percent of them regularly read Time magazine, 20 percent read Newsweek, and 40 percent read U.S. News and World Report. Ten percent read both Time and U.S. News and World Report. a. What is the probability that a particular top executive reads either Time or U.S. News and World Repo
10. The Operating and Cash cycles: Consider the following financial statement information for the Glory Road company: Item Beginning Ending Inventory $1,543 $1,669 Accounts receivable 4,418
Profitable fruitcakes. Sharon's revenue R (in dollars) on the sale of x fruitcakes is determined by the formula R = 50x - x2. Her cost C (in dollars) for producing x fruitcakes is given by the formula C = 2x + 40. For what values of x is Sharon's profit positive? (Profit = revenue - cost)
Part 1. The following data (in thousands of dollars) have been taken from the accounting records of Karmana Corporation for the just completed year. (This company puts all manufacturing overhead into work in process during the month.) Sales $950 Raw materials inventory, beginning $10 Raw materials inventory, end
Quantitative Methods: What is the probability that the student will be accepted by at least one of the two universitiesÉ
Jim (Mei) is considering pursuing an MS in Information Systems degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 20% for University X and 45% for University Y. What is the probability that Jim (Mei) will be accepted by at least one of the two universities?
Consider the stock of Davidson Company, which will pay an annual dividend of $2 one year from today. The dividend will grow at a constant annual rate of 5 percent, forever. The market requires a 12 percent return on the company's stock. a. What is the current price of a share of the stock? b. What will the stock price be
Please help with the following problem. Risk and Return. True or False? Explain or qualify as necessary. a. Investors demand higher expected rates of return on stocks with more variable rates of return. b. The capital asset pricing model predicts that a security with a beta of zero will provide an expected return of ze
E1-23 Hootie and the Blow Fish, Inc., organized in 2002, has the following transactions related to intangible assets. 1/2/02 Purchased patent (7-year life) $490,000 4/1/02 Goodwill purchased (indefinite life) 360,000 7/1/02 10-year franchise; expiration date 7/1/2012 420,000 9/1/02 Research and development costs 185,000 Ins
Grant Advertising Agency Inc. was organized in January 2002. Presented below are both the adjusted and unadjusted trial balances as of December 31, 2002. (a) Journalize the annual adjusting entries that were made. (b) Prepare an income statement and a retained earnings statement for the year ending December 31, 2002, and a balance sheet at December 31. (c) Answer the following questions. (1) If the note has been outstanding 6 months, what is the annual interest rate on that note? (2) If the company paid $13,500 in salaries in 2002, what was the balance in Salaries Payable on December 31, 2001?
P2-3A Grant Advertising Agency Inc. was organized in January 2002. Presented below are both the adjusted and unadjusted trial balances as of December 31, 2002. See attached file for full problem description.
One of your small business clients, Dr. Leo Krusack, has opened a dental practice. He has come to you for help in organizing his accounts. Help him classify each of the following business transactions. Then prepare an income statement, a balance sheet, and an owner's equity statement for him. One June 1st, Leo opened an acco
It is now July 31st. You are continuing to advise Dr. Leo Krusack on basic accounting procedures. His practice had the following transactions during July. On July 1st, he paid out $1,200 in office rent for the month of July. He purchased a new dental chair for $1,300 cash on July 6th. On July 10th, he purchased $2,
Bailey's Leisure Equipment uses a traditional overhead allocation scheme in its manufacturing plant. The company produces three products: umbrellas, sunshades, and lawn chairs. For 1994, the company incurred $1,000,000 of manufacturing overhead costs and produced 100,000 umbrellas, 10,000 sunshades, and 30,000 lawn chairs. Th
As an illustration, we will suppose that the Juarez ski plant can actually operate at as much as 150% of its stated capacity during the August - November period by placing its workforce on over-time. We will also assume that the company policy is to use this plant exclusively to service the Phoenix warehouse. Moreover, we wil
Complete the vertical and horizontal analysis of the comperative balance sheet for Miller's Model Ships. (See attached file for full problem description)
Page 571 problem 62 62. Profitable fruitcake. Sharon's Revenue R (in dollars) on the sale of x fruitcake is determined by the formula R=50x-x^2. Her cost C(in dollars) for producing x fruitcakes is given by the formula C = 2x+40. For what values of x is Sharon's profit positive? (Profit = revenue-cost.) Page 576 problem
Balance Sheet and Income Statement Ratios Calculate all key financial ratios (below) for the financial statement on sheet 2 1 Quick Ratio [(Current Assets-Inventory) / Current Liabilities] 2 Current Ratio [Current Assets / Current Liabilities] 3 Total Liabilities to Net Worth 4 Fixed Assets to Net Worth 5 Income to Ne
(See attached file for full problem description) --- Journalizing, Posting, and Preparing a Trial Balance Georgian Enterprises uses the following general ledger accounts in its accounting system. Listed for each account is its account number and balance as of January 1, 2003. Account# Cas
Prepare and submit an estimated balance sheet and income statement for December 31, 2000, for Crown Electrical Supply...
Part II Prepare and submit an estimated balance sheet and income statement for December 31, 2000, for Crown Electrical Supply based on the estimates provided in the discussion material for this lesson and previous lessons. Keep the total bank loan at $75,000 (remember this is a "what if" analysis) and use cash as the plug figur
1. Six jobs must be processed through machine A and then B as shown below. The processing time for each job is also shown. Machine (minutes) Job A B 1 10 6 2 6 12 3 7 7 4 8 4 5 3 9 6 6 8 a. Develop a Gantt chart to determine the total time required to process all six jobs. Use the follow
Suppose the plant manager of a manufacturing firm hires you to help him analyze a proposal to purchase a new and faster stamping machine. He provides you with the following information: a. The new machine is four times as fast b. The old machine is able to process material at a rate of 60 units per hour c. Demand is ap
? Linda received $875 on an investment of $14,000 at 15% annual simple interest rate. How long was the money invested? ? Freddy borrowed $10,000 for a car for 3 years and paid $1,500 in simple interest. What was the rate of interest? ? Diana owns municipal bonds valued at $14,500, which is 12% of her total investments. Wha
How do I compute the following 82. A normal distribution has a mean of 50 and a standard deviation of 4. a. Compute the probability of a value between 44.0 and 55.0. b. Compute the probability of a value greater than 55.0. c. Compute the probability of a value between 52.0 and 55.0. 188. The owner of Britten's Egg F