Explore BrainMass

Financial management

Calculate the tax disadvantage to organizing a U. S. business today, after passage of the Jobs and Growth Tax Relief Reconciliation Act of 2003, as a corporation versus a partnership under the following conditions. Assume that all earnings will be paid out as cash dividends. Operating income ( operating profit before taxes) will

MANAGEMENT: How to determine most effective structure; team, network, boundaryless

How can organizations determine if they are structured in the most effective and efficient manner? What are some advantages and disadvantages of each: (a) team-based, (b) network-based, and (c) boundaryless organizations?

Stocks, Bonds, Risk Analysis, Net Asset Value, Dividends and Plotting a Graph to Show a Trend

You are working for an investment firm and have been asked to analyze and explain investments to your boss and clients who do not understand the various aspects of your job. You are working with the analysis of stocks, bonds and mutual funds. The following questions are examples of some of the analysis type problems that your bo

Data and integers

1. Find the median of the following set of numbers. 45, 21, 54, 22, 65, 61 Solution, explanation: 2. The following scores were recorded on a 100-point examination: 95, 75, 76, 86, 96, 71, 68, 81, 95, 76, 69, 82, 93, 88, 94 Find the mean and median final examination scores. Solution, explanation:

Business Math : Income Statement and Vertical Analysis

II. Create an income statement that finds the gross profit and net income for ABC Computers for the year ending August 31, 2007 if the company had net sales of \$28,625; cost of goods sold of \$13,247; and operating expenses of \$2,752. III. Complete a vertical analysis of the income statement in part two. IV. In 2

Constraint

Cully furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs \$500 and requires 100 cubic feet of storage space, and each medium shelf costs \$300 and requires 90 cubic feet of storage space. The company has \$75000 to invest in shelves this week, and the warehouse has 18000 cubic feet av

Probability of amounts in the the collection envelopes

A local church is studying the amount of offerings in an envelope from their early Sunday mornings services. The church studied 500 envelopes and found the following: Less than \$5 200 \$5 to \$9.99 100 \$10 to \$19.99 75 \$20 to \$49.99 75 \$50 or more 50 What is the probabi

Static budget

Please see attached document. Sharifi Hospital basis its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient visits 8,500 Budgeted variable overhead costs: Supplies (@\$4.70 per patient-visit) \$39,950 Laundry (@\$7.80 per patient-visit) 66,300 Total v

Flexible budget amounts

The following costs appear in Malgorzata Company's flexible budget at an activity level of 15,000 machine hours: Total Cost Indirect materials: \$7,800 Factory rent: \$18,000 What would be the flexible budget amounts at an activity level of 12,000 machine hours if indirect materials is a variable cost a

Cost accounting

Question 1 Jordan Company produced 150,000 floor lamps during the past calendar year. Jordan had 2,500 floor lamps in finished goods inventory at the beginning of the year. At the end of the year, there were 11,500 floor lamps in finished goods inventory. The lamps sell for \$50 each. Jordan's accounting records provide the fol

Pitkins Company

Pitkins Company collects 20% of a month's sales in the month of sale, 70% in the month following the sale, and 6% in the second month following sale. The remainder is uncollectible. Budgeted sales for the next four months are: January February March April Budgeted Sales \$200,000 \$300,000 \$350,000 \$250,000

Minorca Manufacturing Corporation

The following information relates to Minorca Manufacturing Corporation for next quarter: January February March Expected sales (in units) 440,000 390,000 400,000 Desired ending finished goods inventory (in units) 28,000 30,000 35,000 How many units should Minorca plan on producing for the month of February?

II. You are asked to make a depreciation schedule for a business asset. A depreciation schedule shows the remaining value of the asset at the end of each time period. Create a depreciation schedule for each of the following 1. A copy machine that costs \$1,800, shipping \$50 and installed for \$125 depreciated using the stra

Capital Structure and Dividend Policy

Which of the following should not influence a firm's dividend policy decision? The firm's ability to accelerate or delay investment projects, A strong preference by most shareholders in the economy for current cash income versus capital gains, constraints imposed by the firm's bond indenture, the fact that much of the firm's

How do you calculate the new price of a share after a stock split?

Rooney Inc. recently completed a 3-for-2 stock split. Prior to the split, its stock price was \$90 per share. The firm's total market value was unchanged by the split. What was the price of the company's stock following the stock split?

Capital Structure and Dividend Policy : Target Structure

The firm's target structure is consistent with which of the following? Maximum earnings per share (EPS), Minimum cost of debt (rd), Highest bond rating, Minimum cost of equity (rs), or Minimum weight average cost of capital (WACC).

Capital Structure and Dividend Policy

Millman Electronics will produce 60,000 stereos next year. Variable costs will equal 50% of sales, while fixed costs will total \$120,000. At what price must each stereo be sold for the company to achieve an EBIT of \$95,000?

Bonds / Interest Expense

1. The issuance price of a bond does not depend on the a. face value of the bond. b. riskiness of the bond. c. method used to amortize the bond discount or premium. d. effective interest rate. 2. Which of the following is true of a premium on bonds payable? a. It is a contra-stockholders' equity account. b. It

Probability

Consider the following contingency table: Under 20 21-30 31-40 Male 12 12 17 Female 13 16 21 a. If one person is selected at random, what is the probability that person is Female? ______ b. If one person is selected at random, what is the probability that person is ei

Swanson Inc. purchased \$400,000 of Malone Corp. ten-year bonds with a stated interest rate of 8 percent payable quarterly. At the time the bonds were purchased, the market interest rate was 12 percent. Determine the amount of premium or discount on the purchase of the bonds.

Swanson Inc. purchased \$400,000 of Malone Corp. ten-year bonds with a stated interest rate of 8 percent payable quarterly. At the time the bonds were purchased, the market interest rate was 12 percent. Determine the amount of premium or discount on the purchase of the bonds. a. \$92,442 premium b. \$92,442 discount c. \$81,1

Interest Income and Investors

On January 1, 2006, an investor paid \$291,000 for bonds with a face amount of \$300,000. The contract rate of interest is 8% while the current market rate of interest is 10%. Using the effective interest method, how much interest income is recognized by the investor in 2006 (assume annual interest payments and amortization)?

Dividing Items Equally Between Three People

Thirty flasks, 10 full, 10 half empty and 10 entirely empty, are to be divided among 3 sons so that flasks and content should be shared equally. How may this be done without pouring from one flask to another?

You must evaluate a proposal to buy a new milling machine. The base price is \$108,000, and shipping and installation costs would add another \$12,500.

You must evaluate a proposal to buy a new milling machine. The base price is \$108,000, and shipping and installation costs would add another \$12,500. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for \$65,000. The applicable depreciation rates are 33, 45, 15 and 7 percent. The machine would

Statistics: airline passenger comfort population mean

1. Passenger comfort is influenced by the amount of pressurization in the airline cabin. Higher pressurization permits a closer-to-normal environment and a more relaxed flight. A study by an airline user group recorded the corresponding air pressure on 30 randomly chosen flights. The study revealed a mean equivalent pressure of

Statistical terms: Match the terms to the definitions

Match the letter of the term to the definition of that term. Definitions 1. The average of the squared deviation scores from a distribution mean. ____ 2. Midpoint in the distribution of numbers. ____ 3. It has to do with the accuracy and precision of a measurement procedure. ____ 4. Examines if an observed causal rela

Statistical Symbols: Match the symbols to the explanation

Symbols Definitions 1. S (Uppercase Sigma) ____ a. Null hypothesis 2. m (Mu) ____ b. Summation 3. s (Lowercase Sigma) ____ c. Factorial 4. p (Pi) ____ d. Nonparametric hypothesis test 5. e (Epsilon) ____ e. Population standar

Mathematics - Compound Interest

Burger and more business is worth 250,000. it is expected to grow at 12% per year compounded annually for the next 5 years. Find the expected future value. If funds from the sale of the business today would be placed in an account yielding 6% compounded semiannually, what would be the minimum acceptable price for Burger and

Cost of Capital : Equity

The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 7 percent per year in the future. Carpetto's common stock sells for \$23 per share, its last dividend was \$2.00, and it will pay a dividend of \$2.14 at the end of the current year. Assuming you have equal confidence in the outp

The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 7 percent per year in the future.

The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 7 percent per year in the future. Carpetto's common stock sells for \$23 per share, its last dividend was \$2.00, and it will pay a dividend of \$2.14 at the end of the current year. Using the DCF approach, what is the cost of co

Percy's cost of common equity

Percy Motors has a target capital structure of 40 percent debt and 60 percent common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 9 percent, and its tax rate is 40 percent. Percy's CFO estimates that the company's WACC is 9.96 percent. What is Percy's cost of common equity?