Read the following case study focusing on cash flow forecasting: http://www.accountingweb.co.uk/cgi-bin/item.cgi?id=116061 and download the available document Since joining the company, John Thistle, the management accountant has focused much attention on planning and control of the business through the introduction of the
Jones Co. has a new design for their product June next round that can reduce their material cost of producing units from $8.13 to $7.32. Jones passes on half of all cost savings by cutting the current price to customers. For simplicity: - Use current labor costs of $4.06 - Assume all period costs will remain the same
Write a paper analyzing the Role of the U.S. Financial System. Areas of concentration should be the U.S. financial markets, the role of investment bankers, and the sources of capital available to corporations.
Describe a possible financial application for an Excel spreadsheet I don't know anything about Excel and this is a business math class thanks.
Berkshire Sports, Inc., operates a mail-order running-shoe business. Management is considering dropping its policy of no credit. The credit policy under consideration by Berkshire follows: No Credit Credit Price per unit--- $35 $40 Cost per unit--- $25
You have been promoted to a member of the management team in Fullhealth's financial department. You have hired a new staff member who is to assist you in preparing materials for the next Board of Directors meeting in which the annual financial reports will be presented. Write an e-mail to your new employee that explains the
Journal entry to issue 100,000 shares of $5 par common stock for $7.00 per share on March 2nd would be a) Cash 700,000 Common stock 500,000 Paid in capital in excess of par-c/s 200,000 b) Cash 500,000 Comm
At the Beginning of September, Stanley Neal Started Neal's Investment Services, a firm that offers advice about investing and managing money. On September 30, the accounting records of the business showed the following information. Prepare an income statement for the month of September 2007. Cash $16,050 Accounts Receivable
1. What is an example of a market-driven minimum wage? Do you support or disagree with having a market driven minimum wage? Defend your answer 2. Do any relationships exist between the geographic location of a business and employee rates of pay? Is so explain. How are differences in rates of pay throughout the world influenci
Star Wars Group just paid a dividend of $1.50 per share on its stock. The dividends are expected to grow at a constant rate of 10% per year, indefinitely. If investors require 15% annual return on this stock, the current stock price shall be ________?
Direct materials cost is $3.00 per unit; direct labor is $4.50 per unit. Variable overhead is $1.50 per unit; fixed overhead is $2.00 per unit. Secretarial salaries are $7.00 per unit and advertising amounts to $4.00 per unit. What is the total manufacturing cost per unit? well, this might sound funny but I cannot calculate t
Why would changes in minimum wage affect higher paid employees as well. What are some of the methods that employers can use to control labor costs and do the methods result in positive or negative results.
Consider the following information: State of Probability of Rate of Return if State Occurs Economy State of Economy Stock A Stock B Stock C Boom 0.25 0.25 0.25 0.25 Good 0.35 0.08 0.14
You and your best friend have decided to quit your jobs, turn in your retirement, and purchase your own restaurant. In your market area there are a lot of restaurants, and you've looked at several that were available for sale. You'll narrowed your choices to either Shadracks or Brighams. From you and your friend's experience, bo
1-RISK MANAGEMENT - What are some examples of risks that a CFO may help address? And how can any such risk be managed? Please feel free to either: (1) list a number of the risks, or (2) choose one and go into a bit of detail. Note that the discussion in Chapter 1 of risks goes from the bottom of page 4 to about the middle of
Question # C2 The Landis Corporation had 2004 sales of $100 million. The balance sheet items that vary directly with sales and the profit margin are as follows: Percent Cash................................................. 5% Accounts receivable....................... 15 Inventory......................
Question is attached. Please re-work the same problem changing "buy" to "sell".
Read the following article: http://www.gametheory.net/Mike/applets/Risk/ Discuss if you believe you are a "risk seeker', "risk-averse" or "risk neutral" as described by the author's theory and why you believe what you've chosen. Your discussion should be at least 100 words and cite any additional references you might
32. Slipshod Machine Tool Co. owes $40,000 to one of its suppliers. The supplier has offered a trade discount of 2/10 net 30. Slipshod can borrow the funds from either of two banks: First City Bank will loan the funds for 20 days at a cost of $400; Upstart Bank offers a discounted loan for 20 days at a cost of $320. a)
An individual has a $120,000 30 year mortgage at 6% fixed. This individual also has a floating rate Home Equity line of credit for $20,000. The current rate on this loan is 8.5%. Only interest payments are required on the Home Equity line. The individual has an increase in discretionary income of $500 per month. Assuming r
1. At January 1, 2006, Orion Enterprises reported accounts receivable totaling $3,500. During the month, the company had credit sales of $5,000 and collected cash on accounts of $6,000. At the end of January, the balance in accounts receivable is a. $3,500 credit b. $9,500 debit
Phillip developed hip problems and was unable to climb the stairs to reach his second-floor bedroom. His physician advised him to add a first-floor bedroom to his home. The cost of constructing the room was $32,000. The increase in the value of the residence as a result of the room addition was determined to be $17,000. In addit
What Microsoft can acquire in terms of investing in other companies to build their organizations portfolio, such as acquiring another company like aQuanitive Using the most recent annual report and other financial statements submitted to the SEC, select a financial initiative from the "management's message" to the shareholde
1) Assume the risk free interest rate in the U.S. is the same as that in Country M. Assume that the government of Country M is more likely to rescue local firms that experience financial problems. Other things being equal, Country M's firms are likely to use a _______ degree of financial leverage than U.S. firms. If a firm b
The following information relates to the three bullets bellow. Company A sells several products for an average price of $20 per unit and the average flexible costs per unit are as follows: Direct material $4.00 Direct labor $1.60 Indirect manufacturing costs $0.40 Selling commissions $2.00 Company A's annual capa
The risk free rate of return, r RF, is 6 percent; the required rate of return on the market, rM is 10 percent; and Upton Company's stock has a beta coefficient of 1.5. A. If the dividend expected during the coming year, D1, is $2.25 and if g= a constant 5 percent at what price should Upton's stock sell? B. Now suppose the
In April 2005 Company A made (and sold) 1,200 leather collars and 2,400 nylon collars. Costs incurred in April 2005 are listed below: Raw leather $1,800 Raw nylon 6,000 Buckles (one per collar) 2,700 Assembly line wages 10,800 All assembly line workers earn $15 / hour, but a leather collar takes twice as long to ma
The question: Market research sets the price of a clay pot for at $5.20 each. Management determines a margin of 30% is required for long-term profitability. The company produced 14,000 pots in June. What is the total target cost June? I got the follwoing: Selling price - Required profit margin = Target cost Selling p
Who decides "common sense," and how is it determined who is right?
Considering whether a manufacturing organization in the U.S. should expand to India or Brazil: a. Conduct an environmental risk analysis for both India and Brazil in paragraph form. Please cite and list references.