Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $2.3 million at the end of the first year, and these savings will grow at a rate of 2 percent per year indefinitely. The firm has a target debt-equity ratio of .60, a cost of equity of 10 percent, and an aftertax cost of debt of 4.6 percent. The cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of 3 percent to the cost of capital for such risky projects.

Required:
What is the maximum inital cost the company would be willing to pay for the project?

Answers

Answer 1

Answer:

the maximum initial cost is 25.62674095 million

Explanation:

The computation of the maximum initial cost of the company is shown below:

But before that the discount rate is

= 0.6 ÷ 1.6 × 4.6% + 1 ÷ 1.6 × 10% + 3%

= 10.9750%

Now Maximum initial cost is

=2.3 ÷ (10.975% - 2%)

= 25.62674095 million

Hence, the maximum initial cost is 25.62674095 million

Answer 2

The fairness ratio is a monetary metric that measures the amount of leverage used by using a company. It uses investments in property and the amount of equity to decide how well a corporation manages its money owed

and money its asset requirements

How is equity ratio calculated?

he shareholder fairness ratio is expressed as a percentage and calculated by means of dividing complete shareholders' equity via the whole assets of the company. The end result represents the amount of the property on which shareholders have a residual claim

Equity interest, described as the quantity of equity a single individual holds in a business, is a frequent thought to the small commercial

enterprise world. For example, if an angel investor receives 25% possession of a company, the investor has a 25% equity hobby in that business

learn more about equity ratio here;

https://brainly.com/question/27993089 #SPJ4

Related Questions

ME EXPLICA O BARINLY

Answers

Answer:

what lol

Explanation:

Aziz Industries has sales of $100,000 and accounts receivable of $11,500, and it gives its customers 30 days to pay. The industry average DSO is 27 days, based on a 365-day year. If the company can change its credit and collection policy sufficiently to cause its DSO to fall to the industry average (without decreasing sales) and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant

Answers

Answer:

The effect of this is to add $328.22 to the net income.

Explanation:

The Days Sales Outstanding (DSO) can be calculated using the following formula:

DSO = (Accounts Receivable / Credit Sales) * 365 ................ (1)

This can now be determined using the following 4 steps:

Step 1: Calculation of Aziz Industries' current DSO (DSOa)

Using equation (1), we substitute the relevant values and solve as follows:

DSOa = (11,500 / 100,000) * 365

DSOa = 41.98 Days

Step 2: Calculation of the amount Accounts Receivable needs to be lowered to so that DSO will be 27 days

By this, we have:

y  = the amount that the Accounts Receivable needs to be lowered to = Accounts receivable = ?

Sales = $100,000

DSO =  industry average DSO = 27 days

Substitute the relevant values into equation (1) and solve y, we have:

27 = (y / 100,000) * 365

27 / 365 = y / 100,000

0.073972602739726 = y / 100,000

y = 0.073972602739726 * 100,000

y = $7,397.26

Step 3: Calculation of decrease in Accounts Receivable

Decrease in Accounts Receivable = Aziz Industries' current accounts receivable - y = $11,500 - $7,397.26 = $4,102.74

Step 4: Calculation of addition to net income which is the same as the interest earned

Addition to net income = Decrease in Accounts Receivable * Percentage earned on any cash freed-up by this change = $4,102.74 * 8% = $328.22

Therefore, the effect of this is to add $328.22 to the net income.

In order to get hired as an assembly line specialist, the applicant will have to show that they can perform their task in less than 5 minutes after 1000 tries. During the interview, the applicant was asked to perform their future job five times. The applicant was able to complete the task in 10.8 minutes and the company was to estimate their learning curve to be 90%. Given this information, how much time will the applicant take to perform the task a 1000th time

Answers

Answer:

The Applicant will take 3.78 minutes to perform the task a 1000th time.

Explanation:

The Learning curve is the graphical representation that determines that how much time someone takes to learn a special skill.

The time on the 1,000th applicant can be calculated as follow

[tex]T_{1000}[/tex] = [tex]T_{1}[/tex] x [tex]1000^{((log LCR/log2)}[/tex]

Where

[tex]T_{1}[/tex] = 10.8 minutes

LCR = Learning Curve Rate = 90% = 0.90

[tex]T_{1000}[/tex] = 10.8 minutes

Placing values in the formula

[tex]T_{1000}[/tex] = 10.8 minutes x [tex]1000^{((log 0.90/log2)}[/tex]

[tex]T_{1000}[/tex] = 10.8 minutes x [tex]1000^{(-0.152003093)}[/tex]

[tex]T_{1000}[/tex] = 10.8 minutes x 0.349937689

[tex]T_{1000}[/tex] = 3.779327044 minutes

[tex]T_{1000}[/tex] = 3.78 minutes

The Monetary Policy of Tazi is controlled by the country's central bank known as the Bank of Tazi. The local unit of currency is the Tazian dollar. Aggregate banking statistics show that collectively the banks of Tazi hold $300 million of required reserves, $75 million of excess reserves, have issued $7,500 million of deposits, and hold $225 million of Tazian Treasury bonds. Tazians prefer to use only demand deposits and so all money is on deposit at the bank. Refer to Scenario 29-1. Assume that banks desire to continue holding the same ratio of excess reserves to deposits. What is the reserve requirement and the reserve ratio for Tazian Banks

Answers

Answer:

Reserve requirement is the percentage of deposits that the monetary authority keeps in reserves out of deposits.

Reserve requirement = Required reserves / Total deposits

= 300 / 7,500

Reserve requirement  = 4%

Reserve ratio is the percentage of reserves held by the banks.

= (Required reserves  + excess reserves ) / Total deposits

= ( 300 + 75) / 7,500

Reserve ratio = 5%

The reserve requirement is the percentage of deposits held in reserves by the monetary authority. The Reserve Ratio is the number of reserves held by banks as a percentage of total assets. So, the reserve requirement is 4% and the reserve ratio is 5%.

How do you compute reserve requirements and ratios?

[tex]\text{Computation of Reserve requirement (RE)}\\\text{RE = Required reserves} / \text{Total deposits}\\\text{RE} = 300 / 7,500\\\text{RE}= 4 \text{ percent}\\\text{Computation of Reserve ratios(RR)}\\\text{RR = (Required reserves  + excess reserves )} / \text{Total deposits}\\\text{RR} = ( 300 + 75) / 7,500\\\text{RR} = 5\text{ percent}[/tex]

For more information about Reserve ratios, refer below- https://brainly.com/question/20732439

Karma Company has prepared its operating budget for the first quarter of 20x9. The company forecasts sales of $50,000 in February, $60,000 in March, and $70,000 in April. Variable and fixed expenses are as follows: Variable: Utilities (electricity): 40 % of sales Misc. expenses: 5 % of sales Fixed: Salary expense $ 8,000 per month Rent expense $ 5,000 per month Depreciation expense $ 1,200 per month Utilities expense (fixed part) $ 800 per month Misc. Expense (fixed part) $ 1,000 per month What are the total selling and administrative expenses for the month of February

Answers

Answer:

The correct solution is "38,500".

Explanation:

The given values are:

Sales in February,

= $50,000

Sales in March,

= $60,000

Sales in April,

= $70,000

Now,

The total selling and administrative expenses for the month of February will be:

=  [tex]Variable \ costs + Fixed \ cos ts[/tex]

On substituting the values, we get

=  [tex]50,000\times (40 \ percent+5 \ percent) + (8,00 0+5,000+1,200+800+1,000)[/tex]

=  [tex]20000+2500+8000+5000+1200+800+1000[/tex]

=  [tex]38,500[/tex]

Selling, general and administrative costs are the costs incurred by a firm to market, sell and deliver its products and services, as well as run day-to-day operations.

The correct solution is "38,500".  

Given Information:-

Sales in February= $50,000

Sales in March= $60,000

Sales in April = $70,000  

The total selling and administrative expenses for the month of February will be:

=Variable Costs + Fixed Costs

=50,000*(40%+ 5%)+(8,000+5,000+1,200+800+1,000)

=20,000+2500+8,000+5,000+1,200+800+1,000

=$38,500

To know more about selling and administrative expenses, refer to the link:

https://brainly.com/question/13937441

A year ago, you graduated from college and decided to open your own computer software company. Over the past year, your firm generated $500,000 in revenue. You hired two software engineers and paid each of them $150,000 over the past year. You also purchased computer equipment that cost a total of $30,000. To save money, you decided to use the basement of your house for the business. Previously, you had rented this space to a tenant for $6,000 per year. Instead of opening your own business, you could have gone to work for Microsoft and earned $200,000 over the past year.

Required:
a. What were your accounting profits of your firm over the past year?
b. What were the economic profits of your firm over the past?

Answers

Answer:

170,000

$-36,000

Explanation:

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold  

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

Accounting profit = $500,000 - [( $150,000 x 2) + $30,000] = $170,000

Economic profit = $170,000 - ($200,000 + $6000) = -36,000

The four primary areas of U.S. legislation dealing with human resource management concern labor relations, compensation and benefits, health and safety, and equal employment opportunity.

a. True
b. False

Answers

Answer: True

Explanation:

The statement that the four primary areas of the U.S. legislation deals with the human resource management concern labor relations, the compensation and benefits, the health and safety, and also equal employment opportunity" is true.

Employees should be managed properly and given the necessary conditions for them to thrive and succeed. The health and safety of workers is vital and should be adequately taken care of. Also, their benefits and compensation should be regularly reviewed and looked into in order to motivate workers and maximize productivity.

Which of the following is not a feature of parliamentary democracy?

Answers

You didn’t leave the options...

can I have free account please​

Answers

Answer:

what kind of account?

i will give you don't worry

Congress adopted a law to provide insurance to protect wheat farmers. The agency in charge of the program adopted regulations to govern applications for this insurance. These regulations were published in the Federal Register. Mary applied for insurance but his application did not comply with the regulations. She claimed she was not bound by the regulations because she never knew they had been adopted. Is she bound by the regulations?

Answers

Answer:

She is bound by the regulations.

Explanation:

It is Mary's duty to know if the insurance regulations published in the Federal Register have been adopted by Congress.  The purpose of using the Federal Register is to inform US citizens of all pending legislations.  The publication in the Federal Register is, therefore, considered as a sufficient legal requirement for compliance with public notices.

Larkspur, Inc. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below.Date Numer of Units Unit priceMay 7 46 $10July 28 36 15On June 1, Larkspur, Inc. sold 23 units, and on August 27, 36 more units. Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.)

Answers

Answer:

Following are the solution to this question:

Explanation:

Calculating the cost of the product sold:

FIFO:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27: 23 units costing of [tex]\$ 10[/tex] each [tex]= 230[/tex]

             13 units costing of [tex]\$ 15[/tex] each [tex]= 195[/tex]

                                                                [tex]\$425[/tex]

Total cost of product sold[tex]= \$655[/tex]

LIFO:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27:  36 units costing of [tex]\$15[/tex] each = 540

                   Total cost of product sold [tex]= \$ 770[/tex]

Average cost:

June 1:  23 units costing of [tex]\$ 10[/tex] each [tex]= \$ 230[/tex]

Aug 27:  36 units costing of [tex]\$13.051[/tex] each [tex]= \$469.836[/tex]

                  Total cost of product sold [tex]= \$699.836[/tex]

The comparative balance sheets for Kingbird Corporation appear below:

KINGBIRD CORPORATION Comparative Balance Sheet

Assets 2022 2021
Cash $35,400 $33,600
Accounts receivable (net) 88,000 64,500
Prepaid insurance 29,300 19,200
Land 20,500 49,000
Equipment 81,500 69,500
Accumulated depreciation (15,800 ) (13,000 )
Total assets $238,900 $222,800
Liabilities and Stockholder's Equity Accounts payable $24,500 $8,100
Bonds payable 25,400 16,200
Common stock 148,000 120,000
Retained earnings 41,000 78,500
Total liabilities and stockholder's equity $238,900 $222,800

Additional information:

1. Net loss for 2022 is $13,000. Net sales for 2022 are $290,000.
2. Cash dividends of $24.800 were declared and paid in 2022.
3. Land was sold for cash at a loss of $3,500. This was the only land transaction during the year.
4. Equipment with a cost of $17,800 and accumulated depreciation of $10,900 was sold for $6,900 cash.
5. $12.900 of bonds were retired during the year at carrying (book) value.
6. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $33,000.

Required:
Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method.

Answers

Banana is good and good for me

For the following purchasing and sales transactions, prepare the appropriate journal entry assuming a perpetual inventory system is in place.
1. On January 1, Cougar Corp. purchased inventory from a supplier for $6,500. The credit terms on the transaction are 1/10, net 30.
2. On January 2, Cougar Corp. paid a shipping company $110 for freight associated with the January 1 purchase.
3. On January 5, Cougar Corp sold inventory with a cost of $2,600 for $3,700. The credit terms on the transaction are 2/15, net 30.
4. On January 6, Cougar Corp. returned $950 of the inventory purchased on January 1.
5. On January 7, Cougar Corp. paid $210 to ship the goods sold on January 5.
6. On January 9, Cougar Corp. paid for the purchase on January 1. (Don't forget to consider the purchase return on January 6).
7. On January 10, Cougar Corp. received payment for the sale made on January 5.

Answers

Answer:

Cougar Corp.

Journal Entries

1. Jan. 1:

Debit Inventory $6,500

Credit Accounts payable $6,500

To record the purchase of inventory on account, credit terms 1/10, net 30.

2. Jan. 2:

Debit Freight-in $110

Credit Cash $110

To record the freight for January 1 purchase.

3. Jan. 5:

Debit Accounts receivable $3,700

Credit Sales Revenue $3,700

To record the sale of goods on account, credit terms, 2/15, net 30.

Debit Cost of Goods Sold $2,600

Credit Inventory $2,600

To record the cost of goods sold.

4. Jan. 6:

Debit Accounts Payable $950

Credit Inventory $950

To record the return of goods on account.

5. Jan. 7:

Debit Freight-out $210

Credit Cash $210

To record the payment for freight for goods sold.

6. Jan. 9:

Debit Accounts Payable $5,550

Credit Cash $5,494

Credit Cash Discounts $56

To record the payment on account.

7. Jan. 10:

Debit Cash $3,626

Debit Cash Discounts $74

Credit Accounts Receivable $3,700

To record the receipt of cash on account.

Explanation:

a) Data and Analysis:

1. Jan 1: Inventory $6,500 Accounts Payable $6,500

2. Jan. 2: Freight-in $110 Cash $110

3. Jan. 5: Accounts Receivable $3,700 Sales Revenue $3,700

4. Jan.6: Accounts payable $950 Inventory $950

5. Jan. 7: Freight-out $210 Cash $210

6. Jan. 9: Accounts Payable $5,550 Cash $5,494 Cash Discounts $56

7. Jan. 10: Cash $3,626 Cash Discounts $74 Accounts Receivable $3,700

Jordan is considering three choices of spending the new year's eve. Option A is to dine outside at a luxury restaurant; option B is indoor skydiving, and option C is to play video games at a close-by club. If all three options cost the same, explicitly, what can be the economic reason for Jordan choosing option B

Answers

Answer: b. Jordan values option B more than options A and C.

Explanation:

All options cost the same explicitly which means that Jordan's choice was made based on implicit/ opportunity cost factors.

These undisclosed factors led to Jordan valuing option B more than the other options which is why it was picked even thought they all cost the same. Had any other option being more valuable than B, it would have been picked but since B was picked, B was the most valuable.

Early in 2018, Robbinsville Press was organized with authorization to issue 100,000 shares of $100 par value preferred stock and 500,000 shares of $1 par value common stock. Ten thousand shares of the preferred stock were issued at par, and 170,000 shares of common stock were sold for $15 per share. The preferred stock pays an 8 percent cumulative dividend. During the first four years of operations (2018 through 2021), the corporation earned a total of $1,385,000 and paid dividends of 75 cents per share in each year on its outstanding common stock. Required: a. Prepare the stockholders' equity section of the balance sheet at December 31, 2021. b. Are there any dividends in arrears on the company's preferred stock at December 31, 2021

Answers

Answer:

Part a

The stockholders' equity section of the balance sheet at December 31, 2021.

Preferred Stock 10,0000 at $100  

Common Stock 170,000 at $1

Paid in excess 170,000 at $14

Part b

Dividends in arrears on the company's preferred stock at December 31, 2021

Explanation:

Only issued Share Capital is presented in the stockholders' equity section of the balance sheet.

Revenue from gas wells that have been in production for at least 5 years tends to follow a decreasing geometric gradient. One particular rights holder received royalties of $4000 per year for years 1 through 6; however, beginning in year 7, income decreased by 15% per year each year through year 14. Calculate the future value in year 14 of the royalty income from the wells provided all of it was invested at 10% per year.

Answers

Answer:

Future value in year 14 of the royalty income is $91,603.32.

Explanation:

Note: See the attached excel for the calculation of the future value in year 14 of the royalty income from the wells.

In attached excel file, the royalties received per year from year 7 is calculated using the following formula:

Current Year Royalties Received = Previous Year Royalties Receive * (100% - Yearly Decreasing Rate) = Previous Year Royalties Receive * (100% - 15%).

From the attached excel file, future value in year 14 of the royalty income (in bold bold red color) is $91,603.32.

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. In year one, the basket costs $8.00. In year two, the price of the same basket is $7.00. From year one to year two, there is (Deflaton,Inflation) at an annual rate of _____%. In year one, $40.00 will buy ________ baskets, and in year two, $40.00 will buy ________ baskets. This example illustrates that, as the price level falls, the value of money:_________

Answers

Answer:

From year one to year two, there is (Deflation,Inflation) at an annual rate of _12.5____%. In year one, $40.00 will buy ____5____ baskets, and in year two, $40.00 will buy ___5.7 (6)____ baskets. This example illustrates that, as the price level falls, the value of money:_increases___

Explanation:

a) Data and Calculations:

The price of a basket of goods in year one = $8.00

The price of the same basket of goods in year two = $7.00

Difference in price (reduction in price) = $1 ($8 - $7)

Percentage reduction in price = $1/$8 * 100 = 12.5%

With $40/8, 5 baskets were bought

With $40/7, 5.7 baskets will be bought

b) Economists are always wary of prolonged deflation or continuous general falling prices of goods because it depicts an economy that is seriously weakening at its foundation.  As a fallout, companies slow production, reduce output, lay off workers, and reduce salaries (earned income).

Suppose that a candy maker owns a building and is renting part of the building's space to a library. Further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. While the library cannot insist on a quiet environment, it could move to a quieter building. However, rent in the next best building is $300/month more than rent in the noisy building. The candy maker can adopt a new technology that eliminates the noise for $225/month. Given this situation, can the library find a private solution with the candy maker that will make both better off

Answers

Answer:

The best option is to opt for the new technology which eliminates noise for  $225/month.

Explanation:

The candy maker will go for the cheapest available solution for the noise. The new space rent for the library is $300 while the new equipment that eliminates the noise is $225. The best option is the one which lowest cost. The candy maker should opt to buy the new equipment.

g On January 2, 2019, Shank Co. issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 60 shares. No bonds were converted during 2019. Shank had 100,000 shares of common stock outstanding during 2019. Shank 's 2019 net income was $340,000 and the income tax rate was 30%. Shank's diluted earnings per share for 2019 would be (rounded to the nearest penny) Group of answer choices $3.04. $2.19. $3.26. $3.40. $2.29

Answers

Answer:

$1.89.

Explanation:

diluted earnings per share = earnings attributable to common stockholder ÷ weighted average number of common stock holders

                                            = $340,000 ÷ (100,000 + 18,000)

                                            = $1.89

Shank's diluted earnings per share for 2019 would be $1.89.

what are the proffesional values​

Answers

Answer:

The values include “service, access equality, respect, confidentiality and privacy, protection of intellectual property rights, literacy, technical literacy, stewardship, and professional and social obligations”

The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement on June 30 was $56,084. Deposits in transit on June 30 were $2,655. A debit memo was included with the bank statement for a service charge of $22. A $4,418 check written in June had not been paid by the bank. The bank statement included a $800 credit memo for the collection of a note. The principal of the note was $775, and the interest collected amounted to $25. Required Determine the true cash balance as of June 30. (Hint: It is not necessary to use all of the preceding items to determine the true balance.)

Answers

Answer:

$54,321

Explanation:

Prepare a Bank Reconciliation statement to determine the true cash balance as of June 30.

Bank Reconciliation statement as at June 30

Balance as per Bank Statement             $56,084

Add Outstanding Lodgments                   $2,655

Less Unpresented Checks                       ($4,418)

Balance as per Cash Book                      $54,321

Conclusion

The true cash balance as of June 30 is  $54,321.

If a taxpayer sells property for cash, the amount realized consists of the net proceeds from the sale. For each of the following, indicate the effect on the amount realized if:
a. The property is sold on credit. The amount realized includes both the cash received at the time of sale and the cash to be received in the future .
b. A mortgage on the property is assumed by the buyer. The assumption by the buyer of the seller's mortgage the amount realized by_______ .
c. A mortgage on the property of the buyer is assumed by the seller. The assumption by the seller of the buyer's mortgage the amount realized by______ .
d. The buyer acquires the property subject to a mortgage of the seller. The buyer's acquisition of the property subject to the mortgage of the seller the amount realized by_______ .
e. Stock that has a basis to the purchaser of $6,000 and a fair market value of $10,000 is received by the seller as part of the consideration. The receipt of the stock by the seller the amount realized by the seller by_________

Answers

Answer:

a. Is answered

b. The amount realized increases.

As the mortgage is assumed by the buyer, the seller is now free of the debt in addition to making cash from selling. Realized value therefore increases.

c. The amount realized decreases.

As the mortgage is assumed by the seller, they will have to pay off the mortgage from the cash received therefore their realized value decreases.

d. Amount realized increases.

As the buyer is gets the property subject to the mortgage, they will be the ones making the mortgage payments instead of the seller so the seller's realized value will increase.

e. Realized value increases to $10,000.

The seller accepted the stock so the fair value will be the amount considered for the realized value.

Seeing a movie at a theatre would be considered a(n)_____ want.
O unlimited
economic
O noneconomic
limited

Answers

Answer:

non-economic

Explanation:

A want or demand is a manifestation of the desire to want pt to have the item or possession of the value of that product or service. The watching of a movie in the theatre or a mall is regarded as a noneconomic as it does not possess any economic value. As wants can be limited and unlimited, theatres are for the general public and operate for non-profit.

Cascade Company was started on January 1, Year 1, when it acquired $151,000 cash from the owners. During Year 1, the company earned cash revenues of $90,600 and incurred cash expenses of $62,000. The company also paid cash distributions of $13,000.

Required:
Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.)

Answers

Answer:

Cascade Company

Income statement for the year ended year 1

Sales Revenue                   $90,600

Less Expenses                   $62,000

Net Income                         $28,600

Cascade Company

Statement of changes in equity for the year ended year 1

                                                Capital       Retained Income          Total

Beginning of the Year :

Opening Balance                  $151,000                 $ 0                 $151,000

During the Year :

Profit for the year                        -                    $28,600             $28,600

Dividends paid                            -                    ($13,000)           ($13,000)

Total                                       $151,000             $15,600           $166,600

Cascade Company

Balance Sheet as at year 1

ASSETS

Cash ($151,000 + $90,600 - $62,000 - $13,000)                  $166,600

Total Assets                                                                              $166,600

EQUITY AND LIABILITIES

Equity                                                                                        $166,600

Total Equity and Liabilities                                                     $166,600

Cascade Company

Statement of Cashflow for the year ended year 1

Cash flow from Operating Activities

Cash receipts from customers                                               $90,600

Cash payments to suppliers and employees                      ($62,000)

Net Cash from Operating Activities                                       $28,600

Cash flow from Investing Activities

No Investment activities

Net Cash from Investing Activities                                                 $0

Cash flow from financing Activities

Capital Invested                                                                    $151,000

Dividends Distributions                                                        ($13,000)

Net Cash from Investing Activities                                     $138,000

Movement during the year                                                $166,600

Beginning Cash and Cash Equivalents                                      $0

Ending Cash and Cash Equivalents                                 $166,600

Explanation:

The income statement, statement of changes in equity, balance sheet, and statement of cash flows for Cascade Company have been prepared above.

Note : Make sure to take note of the format and appropriate heading of each statement.

What suggestion does the author make about her main characters' future at
the end of the story?
A. They will spend the final years of their lives terrified, haunted by
their father's ghost.
B. They will gradually learn to take control over their own lives, but it
will be slow and difficult.
C. They will burn all their father's possessions to remove his hated
influence from their lives.
VO D. They have more freedom now that their father is dead, but they are
not strong enough to act on it.

Answers

Answer:

D

Explanation:

They have more freedom now that their father is dead, but they are

not strong enough to act on it.

A company with various segments (referred to as "divisions") is considering whether to drop its Orange County division. For each the costs described below, indicate whether the cost is avoidable or unavoidable by choosing the related drop-down menu item.
1. Wages paid to the Orange County division employees who work directly for this division and will be discharged if the division is dropped.
2. General administrative expenses allocated to the Orange County division on the basis of sales dollars.
3. Depreciation expense on previously purchased machinery that is used in the Orange County division; the machinery will have no other use or resale value if the division is dropped.
4. Rent paid for the building that houses only the Orange County division.
5. The amount of rent paid to lease a private jet for use by the company's management that is allocated to the Orange County division.

Answers

Answer:

1. Avoidable.

These wages are avoidable because they will stop being paid if the division is dropped.

2. Unavoidable.

These are general administrative expenses which means that they will still be incurred regardless of if the division is dropped. They are therefore unavoidable.

3. Unavoidable.

As the machine has no other use or resale value if the division is dropped, the depreciation expense will still be incurred even if the division is dropped so this cost is unavoidable.

4. Avoidable.

Company will no longer have to pay rent if the division is dropped so this expense is an avoidable cost.

5. Unavoidable.

This cost will still be incurred by the company regardless of if the division is dropped because it is an administrative cost at company level. It is therefore unavoidable.

The Work-in-Process inventory account of a manufacturing firm shows a balance of $3,250 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $510 and $310 for materials, and charges of $410 and $670 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:

Answers

Answer:

$1.25

Explanation:

With regards to the above and given that;

Direct material = $510 310

Direct labor = $410 $670

Manufacturing overhead?

Work in process = Direct material + Direct labor + manufacturing overhead

$3,250 = $820 + $1,080 + MOH

$3,250 - $1,900 = MOH

MOH = $1,350

Overhead rate = MOH/Direct labor hour

= $1,350/1080

= $1.25

Beginning three months from now, you want to be able to withdraw $4,200 each quarter from your bank account to cover college expenses over the next four years. If the account pays .82 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years

Answers

Answer:

$49,709.34

Explanation:

Payments of fixed amount for a certain period of time is known as an Annuity.

Step 1 : We need to calculate the Net Present Value of the Annuity

Using a financial calculator the following data will need to be captured.

PMT = $4,200

P/Yr = 4

N = 4 x 4 = 12

I = 0.82 %

FV = $ 0

PV = ?

Therefore, the Net Present Value of the Annuity is $49,734.80

Step 2 : Then we calculate the Present Value (Value today of this Annuity)

Since you need to have $49,734.80 in 3 months.

Then, today you require :

FV = $49,734.80

I = 0.82 %

P/Yr = 4

N = 0.25

PMT = $0

PV = ?

therefore,  today you require $49,709.34

Conclusion

We are discounting the payments in both stages by the rate of 0.83 % .Therefore, you need to have in your bank account $49,709.34 today to meet your expense needs over the next four years.

In March 2010, Hertz Pain Relievers bought a massage machine that provided a return of 8 percent. It was financed by debt costing 7 percent. In August, Mr. Hertz came up with a heating compound that would have a return of 14 percent. The chief financial officer, Mr. Smith, told him it was impractical because it would require the issuance of common stock at a cost of 16 percent to finance the pur-chase. Is the company following a logical approach to using its cost of capital?

Answers

Answer: No they are not

Explanation:

When using the Cost of Capital approach, it is best that the company use the Weighted Average Cost of Capital(WACC). This would require considering the various capital sources available to the company and their cost instead of the cost of one capital source.

This is because, the availability of various sources of capital are sometimes contingent on others and this is the underlying principle of WACC. When the cost of this equity to be issued and other sources of capital are weighted, the heating compound might then give a better return than the cost.

Classifying Cash Flow Statement Components
The following table presents selected items from a recent cash flow statement of General Mills, Inc. For each item, determine whether the amount would be disclosed in the cash flow statement under operating activities, investing activities, or financing activities. (General Mills uses the indirect method of reporting cash flows from operating activities).
DOLE DOLE FOOD COMPANY, INC.
Selected items from its Cash Flow Statement
1. Long-term debt repayments
2. Change in receivables
3. Depreciation and amortization
4. Change in accrued liabilities
5. Dividends paid
6. Change in income taxes payable
7. Cash received from sales of assets and businesses
8. Net income
9. Change in accounts payable
10. Short-term debt borrowings
11. Capital expenditures

Answers

Answer:

1. Long term debt payment - Financing activities

2.Changes in Receivables - Operating activities

3. Depreciation and amortization - Operating activities

4. Changes in accrued liabilities - Operating activities

5. Dividend paid - Financing activities

7. Cash Received from sales of assets and business - Investing activities

8. Net Income - Operating activities

9. Change in accounts payable - Operating activities

10. Short term debt borrowings - Financing activities

11. Capital Expenditures - Investing activities

Other Questions
i need help with b and jk What is the volume of a cylinder, in cubic centimeters, with a height of 18 centimeters and a base diameter of 8 centimeters? Round to the nearest tenths place Please helpppp lol Traduisez en franais. Utilize le mot chez. (Use the word chez). I am going home. Find the slope of the line that passes through the points (- 2, 3) and (7, - 4). A) -5 ,b) -9/7,C) -7/9 ,D) -1/5 neep help on this problem. For brainiest:):):):):):) Please help asap !!! Calculate the slope of the line shown on the graph using any two of the labeled points. Show your work on paper or in the box below.(1,5)(-1,-1)(-2.4)The slope of the line is Which country was the first to declare war in the conflict that would become World War I? 4 = x + 12 PLEASE HELP QUICK if you cycled for 3 hours and travelled 54 km calculate your average speed which type of energy resource is most dependent on weather condictions Would you expect human DNA to be more closely related to tiger or jellyfish? Explain. Let U = {1, 2, 3, 4, 5, 6, 7, 8}, A = B = and C = {1, 3, 7}. Find the following. (Enter your answers as a comma-separated list.) A B Cells that are metabolically active and use a lot of energy: include red blood cells. include white adipose (fat storage) cells. are found in the dermal layer, just under the skin. are densely packed with numerous mitochondria. generally are not found in the human body. Find the height of a triangle in which base is 25cm andarea is 200cm2. Determine the slope of the line that passes through each pair of points. Write in simplest form. (3,8) and (1,5) Read the passage.A Flag with 50 StarsThe first American flag to have red and white stripes and white stars on a blue field was flown in 1776, shortly after the United States declared its independence from Great Britain. Legend has it that a Philadelphia seamstress named Betsy Ross was hired by George Washington himself to create this flag. There is no evidence that this legend is true, and no one knows for certain who made the first flag, which had 13 stars and 13 stripes. However, we know for a fact that the first flag to have 50 starsthe one we have todaywas designed by a high school student.In 1958, Bob Heft was a 17-year-old student at Lancaster High School in Ohio. At that time, the United States had only 48 states but was on the verge of accepting two more: Alaska and Hawaii. The U.S. flag at the time had six neat rows of eight stars each. What would be the best way to add two more stars while keeping the arrangement neat and orderly? This was the question that Bobs history teacher posed to the class. The teacher gave the students an assignment: design a flag with 50 stars. Bob spent hours in the attic of his house, cutting up a 48-star flag and rearranging the stars until they fit just right. He was pleased with his solution to the problem, but his teacher found it less than perfect and gave him a B minus. Outraged, Bob told his teacher that he was going to send his design to his member of Congress, Walter Moeller. His teacher replied that if Bobs design was accepted as the new flag, he would be more than happy to change his grade to an A.A year later, Bob had graduated and was working as a draftsman when he received a call at work. He never would have imagined a call from President Eisenhowerbut that's who it was! Now that Alaska and Hawaii had been admitted as states, Congressman Moeller had succeeded in having Bob's design chosen as the new U.S. flag. Bob Heft was invited to Washington, D.C., for a ceremony during which his design was officially adopted as the new flag of the United States.Question 1Part AWhat inference can be made about the time period of the text?People were more patriotic than they are today.It was a time of uncertainty and worry.People were more traditional than they are today.It was a time when the nation was changing.Question 2Part BWhich evidence from the text best supports the answer in Part A?Bob Heft was invited to Washington, D.C., for a ceremony during which his design was officially adopted as the new flag of the United States.At that same time, the United States had only 48 states but was on the verge of accepting two more: Alaska and Hawaii.However, we know for a fact that the first flag to have 50 starsthe one we have todaywas designed by a high school student.Outraged, Bob told his teacher that he was planning on sending his design to his member of Congress, Walter Moeller. Please help really I need it thank you :) WHO REMEMBER THIS COMIC BOOK ?and name of this above guy....my fav