Please see attached. Dyer Company had a beginning inventory of 200 units at a cost of $12 per unit on August 1. During the month, the following purchases and sales were made. Purchases Sales August 4 250 units at $13 August 7 150 units August 15
Please see attached. P4-3A The income statement of Dreamworks International Co. for the year ended December 31, 2002, reported the following condensed information. Dreamworks' balance sheet contained the following comparative data at December 31. Dreamworks has no depreciable assets. (Accounts payable pertains to opera
Deer Valley Lodge, a ski resort in the Wasatch Mountains of Utah, has plans to eventually add five new chairlifts. Suppose that one lift costs $2 million, and preparing the slope and installing the lift costs another $1.3 million. The lift will allow 300 additional skiers on the slopes, but there are only 40 days a year when the
What do the following classes of ratios measure? (a) Liquidity ratios. (b) Profitability ratios. (c) Solvency ratios.
When the total cash inflows exceed the total cash outflows in the statement of cash flows, how and where is this excess identified?
What are the major sources (inflows) of cash in a statement of cash flows? What are the major uses (outflows) of cash?
Why has the statement of cash follow become a more popular tool for financial analysis over the past few years?
What are the shortcomings of analyzing a company using only one financial ratio?
Why is depreciation included in the statement of cash flows?
76. Ron's Pharmacy has collected $600 in sales taxes during March. If sales taxes must be remitted to the state government monthly, what entry will Ron's Pharmacy make to show the March remittance? a. Sales Tax Expense 600 Cash 600 b. Sales Taxes Payable 600 Cash 600 c. Sales Tax Expense 600 Sales Taxes Payable 600 d. No
1. What are the benefits for an organization to raise capital by issuing stocks as opposed to issuing bonds?
ABC company draws a promissory note with a face value of $ 100,000. It is issued on 1st July and matures on 31st July a) What is the interest rate if drawer receives $99,023? b) How much is obtained by drawer if the interest rate is 12% p.a.?
Lola's Ice Cream recently arranged for a line of credit with the Longhorn State Bank of Dallas. The terms of the agreement called for a $100,000 maximum loan with interest set at 2.0 percent over prime. In addition, Lola's must maintain a 15 percent compensating balance in its demand deposit throughout the year. The prime rate i
You are supplied with the following analytical income statement for your firm. It reflects last year's operations. (see attachment in Word) a. At this level of output, what is the degree of operating leverage? b. What is the degree of financial leverage? c. What is the degree of combined leverage? d. If sales should
The common stock of KPD paid $1 in dividends last year. Dividends are expected to grow at an 8 percent annual rate for an indefinite number of years. a. If KPD's current market price is $25, what is the stock's expected rate of return? b. If your required rate of return is 11 percent, what is the value of the stock for you
Green's preferred stock is selling for $35 in the market and pays a $4 annual dividend. a. What is the expected rate of return on the stock? b. If an investor's required rate of return is 10 percent, what is the value of the stock for that investor? c. Should the investor acquire the stock?
Instructions Using Microsoft Excel Prepare the journal entries on December 31, 2002, May 11, 2003, and June 12, 2003. E1-5 Presented below are two independent situations. (a) On March 3, Lisa Ceja Appliances sells $700,000 of its receivables to Horatio Factors Inc. Horatio Factors assesses a finance charge of 3% of the a
Please see the attached file for the fully formatted problems. 5). Calculate the W.A.C.C. of the company and Compare to the R.O.I.C as derived from EVA. a. Use data from the financial statements. b. Use published interest rates on the notes to the financial statements. c. Cost of equity estimation. d. Example of WACC from
What I am attempting to do is to calculate WACC for a company and I have all sorts of data, but I don't know what goes where. Please provide an example for me.
What are the benefits of effective asset management?
Multiple Choice Circle the one best answer. 1. A corporation with total stockholders' equity of $85,000 paid a $10,000 business debt. As a result of this transaction, total stockholders' equity a. did not change. b. increased by $10,000. c. decreased by $10,000. d. increased to $95,000. 2. Posting is the pr
Comments from my Instructor: 1 - your closing entries must match the income statement, retained earnings statement and balance sheet you prepare. If they do not they you made an error somewhere. 2 - the syllabus requires that work be submitted on one excel sheet - do not submit multiple excel sheets for work due on the
Why are purchase deposits generally considered to be more risky than core deposits?
Assume you are the credit manager of your company and a customer does not take advantage of the discount you allow by your 2/10, n/30 sales terms. What factors would you consider in making a judgment on whether you should continue to extend credit to this customer?
Need to know which answer is correct and all calculations. Please show work so I will understand the approach. Please provide all steps on a TI BA Plus, if possible. Kirkland Motors expects to pay a $2 per share dividend on its common stock at the end of the year (i.e. D1 = $2). The stock currently sells for $20 a share. T
1. Compute the total budget indirect manufacturing cost for 20x3. 2. Compute the ABC indirect manufacturing cost per unit of each model. 3. Using Spokes old direct labor hours single-allocation base system, compute the (single) allocation rate based on direct labor hours. Use this rate to determine the indirect manufacturing
Compute the total overhead variance, the overhead flexible budget variance, and the production volume variance. A. Prepare flexible budget income statements for 7,500, 9,000 and 11,000 units. B. Graph the behavior of the company total costs. C. Why might Cellular Technologies managers want to see the graph you prepared in r
In the Federal Reserve Bulletin, find the average yield of AAA and BBB bonds for a recent month. Compute the risk premium (in basis point) and the percentage risk premium on BBB Bonds relative to AAA bonds. Discuss how these values. See the attached file.
1. Schweser Satellites Inc. produces satellite earth stations that sell for $100,000 each. The firm's fixed costs, F, are $2 million; 50 earth stations are produced and sold each year; profits total $500,000; and the firm's assets (all equity financed) are $5 million. The firm estimates that it can change its production proces
Walk me through the steps to do this on a TI BA II Plus and the rationale. Omega / Alpha Ltd. sold a Preferred stock issue 3 years ago. This Preferred stock has a maturity 20 years from its issue date and pays a $3.00 annual dividend which provides a 12% to its original investors. Since this Preferred stock was sold inte