A company has outstanding 10 million shares of $2 par common stock and.docx

•Descargar como DOCX, PDF•

0 recomendaciones•4 vistas

A company has outstanding 10 million shares of $2 par common stock and 1 million shares of $4 par preferred stock. The preferred stock has an 8% dividend rate. The company declares $300,000 in total dividends for the year. Which of the following is true if the preferred stockholders only have a current dividend preference? Solution Preferred stockholders will receive the entire $300,000, and they must also be paid $20,000 before the end of the current accounting period. Common stockholders will receive nothing. .

Educación

Más contenido relacionado

Similar a A company has outstanding 10 million shares of $2 par common stock and.docx

Uop fin 370 final exam guide

olivergeorg

Psy 370 week 3 dq 1

inblinysab1983

Question 1 The Official Document which Gives a State's Authorization to Form a Corporation is (are) called: A. Charter B. Bylaws C. Permit D. Certificate to Operate Question 2 The Fair Market Value of Land and/or Buildings Given as a Gift to Corporations by Communities as an Incentive to Locate in their Area is called _ _ _ by Accountants. A. Relocation Incentives B. Donated Capital C. A Freebie D. A Free Good Question 3 Ed Rice has invested $40,000 in a privately held family corporation. If the Corporation Fails and Declares Bankruptcy, How much does Ed Rice stand to Lose? A. The $40,000 plus any personal assets the creditors demand. B. Up to his total investment of $40,000. C. Zero. D. Half of his investment, $20,000. Question 4 Which of the following statements correctly describes the Transferability of Ownership Rights in a Corporation? A shareholder: A. Must obtain the permission of the board of directors before selling their shares. B. Must obtain the permission of 3 other stockholders before their selling shares. C. Must transfer all of their shares if they decide to transfer ownership. D. May dispose of part or all or their shares whenever they wish. Question 5 Which of the following is NOT an Advantage of the Corporate Form of Ownership? A. It has the ability to raise large sums of capital by selling stocks and bonds. B. It is less subject to regulations than proprietorships or partnerships. C. Its stockholders have limited liability if the corporation fails. D. It has a continuous life which is independent of that of the managers. Question 6 Dividends are Declared Out Of: A. Capital Stock. B. Retained Earnings. C. Paid in Capital in Excess of Par Value. D. Treasury Stock. Question 7 Which of the following represents the Largest Number of Common Shares? A. Outstanding shares. B. Authorized shares. C. Issued shares. D. Treasury shares. Question 8 1. Treasury Stock is a(n): A. Asset account. B. Contra Stockholder's Equity account. C. Contra Asset account. D. Retained Earnings account. Question 9 Dividends in Arrears on Cumulative Preferred Stock: A. Never have to be paid. B. Enable preferred stockholders to share equally in corporate earnings with the common stockholders. C. Must be paid before common stockholders receive a dividend. D. Should be recorded as a current liability until they are paid. Question 10 The Correct Sequence of Dividend Dates is: A. Announcement date  Registration date  Payout date. B. Record date  Declaration date  Payment date. C. Declaration date  Record date  Payment date. D. Record date  Payment date  Declaration date. Question 11 The Effect of a Declaration of a Cash Dividend by the Board of Directors is to: .........INCREASE .................DECREASE A. Stockholder's Equity …….… Assets B. Assets ……………………… Liabilities C. Liabilities ………………Stockholder’s Equity D. Liabilities …………………… Assets Question 12 Stock Dividends and Stock Splits have the foll ...

Question 1The Official Document which Gives a States Authorizat.docx

IRESH3

1.Which of the following is considered a hybrid organizational form? Corporation limited liability partnership sole proprietorship partnership 3. Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have? $1,844,022 $2,303,010 $2,123,612 $803,010 5. Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory? 61.7 days 57.9 days 65.2 days 64.3 days 6. Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio? 1.74 0 0.60 1.47 8. Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.) $22,680 $26,454 $16,670 $19,444 9. PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows—$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.) $2,735,200 $2,615,432 $2,431,224 $2,815,885 10. PV of multiple cash flows: Ajax Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.) $480,906 $414,322 $477,235 $429,560 11. Future value of an annuity: Jayadev Athreya has started on his first job. He plans to start saving for retirement early. He will invest $5,000 at the end of each year for the next 45 years in a fund that will earn a return of 10 percent. How much will Jayadev have at the end of 45 years? (Round to the nearest dollar.) $3,594,524 $5,233,442 $1,745,600 $2,667,904 12. Serox stock was selling for $20 two years ago. The stock sold for $25 one year ago, and it is currently selling for $28. Serox pays a $1.10 dividend per year. What was the rate of return for owning Serox in the most recent year? (Round to the nearest percent.) 40% 12% 16% 32% 13. Bond price: Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent coupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. What should the company's bonds be priced at today? Assume annual coupon payments. (Round to the nearest dollar.) $1,066 $923 $972 $1,014 14. PV of dividends: Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following three years. If their required rate of return is 14 percent, what is the present value of their dividends over the ne.

1.Which of the following is considered a hybrid organizational for.docx

hyacinthshackley2629

Accounting 97063 paper 3 multiple choice (extension) mayjune session 2002

Alpro

1. A proxy fight occurs when: a competitor offers to sell their ownership interest in the firm. the board of directors disagree on the members of the management team. a group solicits voting rights to replace the board of directors. the firm is declared insolvent. the firm files for bankruptcy. 2. The process of planning and managing a firm's long-term assets is called: capital structure. capital budgeting. working capital management. financial depreciation. agency cost analysis. 3. Which one of the following actions by a financial manager creates an agency problem? agreeing to pay bonuses based on the market value of the company’s stock refusing to borrow money when doing so will create losses for the firm agreeing to expand the company at the expense of stockholders' value increasing current costs in order to increase the market value of the stockholders' equity refusing to lower selling prices if doing so will reduce the net profits 4. Which one of these is a cash outflow from a corporation? sale of an asset dividend payment profit retained by the firm sale of common stock issuance of debt 5. First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest compounded annually. If you made a $66,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Difference in accounts 6. Gerold invested $125 in an account that pays 5 percent simple interest. How much money will he have at the end of 7 years? $160.31 $168.75 $155.00 $175.50 $162.50 7. What is the present value of $12,450 to be received 5 years from today if the discount rate is 4.75 percent? $10,340.78 $9,871.86 $13,105.26 $9,761.00 $9,773.15 8. One year ago, you purchased 300 shares of IXC stock at a price of $22.05 per share, received $460 in dividends over the year, and today sold all of your shares for $29.32 per share. What was your dividend yield? 5.87% 5.23% 1.92% 6.95% 2.48% 9. One year ago, you purchased a stock at a price of $32.50. The stock pays quarterly dividends of $.40 per share. Today, the stock is worth $34.60 per share. What is the total dollar return per share to date from this investment? rev: 06_21_2016_QC_CS-54260 $2.50 $3.40 $2.10 $3.70 $3.80 10. Which one of these accounts is classified as a current asset on the balance sheet? accounts payable preferred stock net plant and equipment inventory intangible asset 11. Net working capital is defined as: current assets plus stockholders' equity. current assets minus current liabilities. fixed assets minus long-term liabilities. total assets minus total liabilities. current assets plus fixed assets. 12. Which one of the following accounts is included in stockholders' equity? intan ...

1.A proxy fight occurs when a competitor offers to sell t.docx

hacksoni

ACCT 3220 Fall 2013 Group Exercise #4 Sapienti Co. sells $400,000 of 12% bonds on June 1, 2014, the contract date. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2018. The bonds yield 10%. After the second interest payment, Sapienti buys back the bonds when the market interest rate is 8%. Required: 1. Record the journal entry for the issuance of the bond. 2. Record the journal entry for the first interest payment. 3. Record the journal entry on December 31, 2014. 4. Record the journal entry for the second interest payment. 5. Record the journal entry for the buy back of the bonds. 1 Question: If inflation is anticipated to be 5 percent during the next year, while the real rate of interest for a one-year loan is 5 percent, then what should the nominal rate of interest be for a risk-free one-year loan? A 5 percent B 10 percent C 25 percent D None of the above 2 Question: Which one of the following statements is not true? A The value of a dollar invested at a positive interest rate grows over time B The further in the future you receive a dollar, the less it is worth today C A dollar in hand today is worth more than a dollar to be received in the future D The further in the future you receive a dollar, the more it is worth today 3 Question: Efficiency ratio: Jet, Inc., has net sales of $712,478 and accounts receivables of $167,435. What are the firm's accounts receivables turnover and days' sales outstanding? A 0.24 times; 78.5 days B 4.26 times; 85.7 days C 5.2 times; 61.3 days D None of the above 4 Question: If you have loaned capital to a firm, then you could be A A shareholder B A stakeholder C A partner D All of the above 5 Question: Which one of the following is not an advantage of using ROE as a goal? A ROE is highly correlated with shareholder wealth maximization B ROE and the DuPont analysis allow management to break down the performance and identify areas of strengths and weaknesses C ROE does not consider risk D All of the above are advantages of using ROE as a goal 6 Question: The future value of multiple cash flows is A Greater than the sum of the cash flows B Equal to the sum of all the cash flows C Less than the sum of the cash flows D None of the above 7 Question: The major players in the direct financial markets are A Investment banks B Money center banks C Regional banks D Both A and B 8 Question: One of the main services offered by investment banks to companies is A Helping companies sell new debt or equity issues in the security markets B Making loans to companies C Taking deposits from companies D All of the above 9 Question: Shane Matthews has invested in an investment that will pay him $6,200, $6,450, $7,225, and $7,500 over the next four years. If his opportunity cost is 10 percent, what is the future value of the cash flows he will receive? (Round to the nearest dollar.) A $27,150 B $29,900 C $30,455 D $3.

ACCT 3220Fall 2013Group Exercise #4Sapienti Co. sells $400.docx

annetnash8266

1. value: 1.00 points Katie Homes and Garden Co. has 13,200,000 shares outstanding. The stock is currently selling at $50 per share. If an unfriendly outside group acquired 15 percent of the shares, existing stockholders will be able to buy new shares at 20 percent below the currently existing stock price. a. How many shares must the unfriendly outside group acquire for the poison pill to go into effect? (Do not round intermediate calculations.) Number of shares b. What will be the new purchase price for the existing stockholders? (Do not round intermediate calculations. Round your answer to 2 decimal places.) New purchase price $ 2. value: 1.00 points Mr. Meyers wishes to know how many shares are necessary to elect 2 directors out of 9 directors up for election in the Austin Power Company. There are 76,000 shares outstanding. (Do not round intermediate calculations.) Number of shares 3. value: 1.00 points Betsy Ross owns 978 shares in the Hanson Fabrics Company. There are 16 directors to be elected. There are 42,000 shares outstanding. The firm has adopted cumulative voting. a. How many total votes can be cast? (Do not round intermediate calculations and round your answer to the nearest whole number.) Total votes b. How many votes does Betsy control? (Do not round intermediate calculations and round your answer to the nearest whole number.) Votes c. What percentage of the total votes does she control? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Percentage of votes % 4. value: 1.00 points Midland Petroleum is holding a stockholders’ meeting next month. Ms. Ramsey is the president of the company and has the support of the existing board of directors. All 13 members of the board are up for reelection. Mr. Clark is a dissident stockholder. He controls proxies for 35,001 shares. Ms. Ramsey and her friends on the board control 55,001 shares. Other stockholders, whose loyalties are unknown, will be voting the remaining 33,998 shares. The company uses cumulative voting. a. How many directors can Mr. Clark be sure of electing? (Do not round intermediate calculations. Round down your answer to the nearest whole number.) Number of directors b. How many directors can Ms. Ramsey and her friends be sure of electing? (Do not round intermediate calculations. Round down your answer to the nearest whole number.) Number of directors c-1. How many directors could Mr. Clark elect if he obtains all the proxies for the uncommitted votes? (Do not round intermediate calculations. Round down your answer to the nearest whole number.) Number of directors c-2. Will he control the board? Yes No d. If nine directors were to be elected, and Ms. Ramsey and her friends had 63,001 shares and Mr. Clark had 43,001 shares plus half the uncommitted votes, how many directors could Mr. Clark elect?(Do not round intermediate calculations. Round down your answer ...

1.value1.00 pointsKatie Homes and Garden Co. has 13,200,0.docx

paynetawnya

4. . 5. 6. 7. The Manning Company has financial statements as shown next, which are representative of the company’s historical average. The firm is expecting a 35 percent increase in sales next year, and management is concerned about the company’s need for external funds. The increase in sales is expected to be carried out without any expansion of fixed assets, but rather through more efficient asset utilization in the existing store. Among liabilities, only current liabilities vary directly with sales. Income Statement Sales $ 220,000 Expenses 171,200 Earnings before interest and taxes $ 48,800 Interest 8,300 Earnings before taxes $ 40,500 Taxes 16,300 Earnings after taxes $ 24,200 Dividends $ 7,260 Balance Sheet Assets Liabilities and Stockholders' Equity Cash $ 8,000 Accounts payable $ 23,400 Accounts receivable 33,000 Accrued wages 1,850 Inventory 69,000 Accrued taxes 3,350 Current assets $ 110,000 Current liabilities $ 28,600 Fixed assets 93,000 Notes payable 8,300 Long-term debt 21,500 Common stock 117,000 Retained earnings 27,600 Total assets $ 203,000 Total liabilities and stockholders' equity $ 203,000 Using the percent-of-sales method, determine whether the company has external financing needs, or a surplus of funds. (Hint: A profit margin and payout ratio must be found from the income statement.) (Do not round intermediate calculations. Input the amount as a positive value.) The firm $ in . 10. Healthy Foods Inc. sells 50-pound bags of grapes to the military for $25 a bag. The fixed costs of this operation are $130,000, while the variable costs of grapes are $.20 per pound. a. What is the break-even point in bags? (Round your answer to 2 decimal places.) Break-even point bags b. Calculate the profit or loss (EBIT) on 12,000 bags and on 34,000 bags. (Input all amounts as positive values. Round your answers to the nearest whole number.) Bags Profit/Loss Amount 12,000 $ 34,000 $ c. What is the degree of operating leverage at 30,000 bags and at 34,000 bags? (Round your answers to 2 decimal places.) Bags Degree of Operating Leverage 30,000 34,000 d. If Healthy Foods has an annual interest expense of $11,000, calculate the degree of financial leverage at both 30,000 and 34,000 bags. (Round your answers to 2 decimal places.) Bags Degree of Financial Leverage 30,000 34,000 e. What is the degree of combined leverage at both 30,000 and 34,000 bags? (Round your answers to 2 decimal places.) Bags Degree of Combined Leverage 30,000 34,000 12. Lenow’s Drug Stores and Hall’s Pharmaceuticals are competitors in the discount drug chain store business. The separate capital structures for Lenow and Hall are presented next. Lenow Hall Debt @ 10% $ 230,000 ...

4. . 5.6..docx

tamicawaysmith

Uop acc 291 final exam

vernonlopezz

CFIN 601 - Corporate FinanceComprehensive Individual Assignment.docx

tidwellveronique

Financial Analysis and Decision Making Make sure all work is legible and all work is shown for problems 16 – 27. FOR MULTIPLE CHOICE, HIGHLIGHT OR BOLD YOUR RESPONSE 1. Moshen Corporation just announced that its net income was lower than last year. Nevertheless, analysts estimate that the company’s net cash flow increased. What factors could explain this inconsistency? a. The company’s depreciation expense increased. b. The company’s interest expense declined. c. The company had an increase in its non-cash revenues. d. Answers a and b are correct. e. Answers b and c are correct. 2. Rivers Edge Inc. has annual sales of $737,000. Earnings before interest and taxes is equal to 21 percent of sales. For the period, the firm paid $7,900 in interest. What is the profit margin if the tax rate is 35 percent? a. 12.46 percent b. 12.95 percent c. 13.33 percent d. 15.29 percent e. 16.11 percent 3. Of the following activities, which will increase cash? a. increasing inventory b. repurchasing shares of stock c. increasing accounts payable d. buying new equipment e. increasing prepaid taxes 4. All else held constant, which will increase the present value of an annuity? I. Increase in the number of payments II. Increase in the interest rate III. Decrease in the interest rate. IV. Decrease in the payment amount a. I and II only b. I and III only c. II and IV only d. I, II, and IV only e. I, III, and IV only 5. An investment will pay $3,500 five years from now. If the going interest rate on the 5-year security is 4.25%, how much is it worth today? a. $1,928.78 b.$2,030.30 c. $2,131.81 d.$2,238.40 e. $2,842.42 6. Standard deviation measures _____ risk while beta measures _____ risk. a. systematic; unsystematic b. unsystematic; systematic c. total; unsystematic d. total; systematic e. asset-specific; market 7. Forever Memories Corp. just paid an annual dividend of $2.80. The company has increased its dividend by 2.5 percent a year for the past ten years and expects to continue doing so. What will a share of this stock be worth six years from now if the required return is 16 percent? a. $23.60 b. $24.65 c. $25.08 d. $25.50 e. $26.90 8. Main distinguishing differences between debt and equity capital consist of all of the following EXCEPT: a. Debtholders have no voice in management so long as the issuer does not violate stated contractual obligations. b. Claims on income and assets are as follows: bondholders, preferred shareholders, common shareholders. c. Debt has a stated maturity, while equity does not. d. In terms of tax treatment, common equity is entitled to a tax deduction. e. Common stockholders have voting rights. 9. The payback period is the length of time it takes an investment to generate sufficient cash flows to enable the project to: a. produce a positive annual cash flow. b. produce a positive cash flow from assets. c. offset its fixed e ...

Financial Analysis and Decision MakingMake sure all work is legi.docx

voversbyobersby

Psy 370 week 2 dq 1

gransenalo1988

1) Hahn Company uses the percentage of sales method for recording .docx

dorishigh

FIN623_Assessment Tool Page 1 of 6 Goldey-Beacom College Assessment Survey Corporate Finance (FIN623) Time: 50 minutes Choose the alternative the best answers the question. Du Pont equation 1. The Wilson Corporation has the following relationships: Sales/Total assets 2.0 Return on assets (ROA) 4% Return on equity (ROE) 6% What is Wilson’s profit margin and debt ratio? a. 2% and 0.33 b. 4% and 0.33 c. 4% and 0.67 d. 2% and 0.67 e. 4% and 0.50 P/E ratio and stock price 2. Cleveland Corporation has 100,000 shares of common stock outstanding. The company’s net income is $750,000 and its P/E is 8. What is the company’s stock price? a. $20.00 b. $30.00 c. $40.00 d. $50.00 e. $60.00 ROA 3. The Meryl Corporation's common stock is currently selling at $100 per share, which represents a P/E ratio of 10. If the firm has 100 shares of common stock outstanding, a return on equity of 20 percent, and a debt ratio of 60 percent, what is its return on total assets (ROA)? a. 8.0% b. 10.0% c. 12.0% d. 16.7% e. 20.0% Equity multiplier 4. A firm which has an equity multiplier of 4.0 will have a debt ratio of a. 4.00 b. 3.00 c. 1.00 d. 0.75 e. 0.25 FIN623_Assessment Tool Page 2 of 6 Liquidity ratios 5. Oliver Incorporated has a current ratio = 1.6, and a quick ratio equal to 1.2. The company has $2 million in sales and its current liabilities are $1 million. What is the company’s inventory turnover ratio? a. 5.0 b. 5.2 c. 5.5 d. 6.0 e. 6.3 Profit margin 6. The Merriam Company has determined that its return on equity is 15 percent. Management is interested in the various components that went into this calculation. You are given the following information: total debt/total assets = 0.35 and total assets turnover = 2.8. What is the profit margin? a. 3.48% b. 5.42% c. 6.96% d. 2.45% e. 12.82% PV of an annuity 7. What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? a. $ 670.43 b. $ 842.91 c. $1,169.56 d. $1,348.48 e. $1,522.64 Interest rate of an annuity 8. South Penn Trucking is financing a new truck with a loan of $10,000 to be repaid in 5 annual end- of-year installments of $2,504.56. What annual interest rate is the company paying? a. 7% b. 8% c. 9% d. 10% e. 11% Number of periods for an annuity 9. Your subscription to Jogger's World Monthly is about to run out and you have the choice of renewing it by sending in the $10 a year regular rate or of getting a lifetime subscription to the magazine by paying $100. Your cost of capital is 7 percent. How many years would you have to live to make the lifetime subscription the better buy? Payments for the regular subscription are made at the beginning of each year. (Round up if necessary to obtain a whole number of years.) a. 15 years ...

FIN623_Assessment Tool Page 1 of 6 Goldey-Beacom College.docx

mydrynan

1. Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? A. articles of incorporation B. corporate breakdown C. agency problem D. bylaws E. legal liability 2. Which of the following questions are addressed by financial managers? I. How should a product be marketed? II. Should customers be given 30 or 45 days to pay for their credit purchases? III. Should the firm borrow more money? IV. Should the firm acquire new equipment? A. I and IV only B. II and III only C. I, II, and III only D. II, III, and IV only E. I, II, III, and IV 3. Which one of the following is a capital budgeting decision? A. determining how many shares of stock to issue B. deciding whether or not to purchase a new machine for the production line C. deciding how to refinance a debt issue that is maturing D. determining how much inventory to keep on hand E. determining how much money should be kept in the checking account 4. Decisions made by financial managers should primarily focus on increasing which one of the following? A. size of the firm B. growth rate of the firm C. gross profit per unit produced D. market value per share of outstanding stock E. total sales 5. Essay List and briefly describe the three general areas of responsibility for a financial manager. Section II: Financial Statements, Taxes and Cash Flow 6. The book value of a firm is: A. equivalent to the firm's market value provided that the firm has some fixed assets. B. based on historical cost. C. generally greater than the market value when fixed assets are included. D. more of a financial than an accounting valuation. E. adjusted to the market value whenever the market value exceeds the stated book value. 7. Which of the following are expenses for accounting purposes but are not operating cash flows for financial purposes? I. interest expense II. taxes III. costs of goods sold IV. depreciation A. IV only B. II and IV only C. I and III only D. I and IV only E. I, II, and IV only 8. A firm has $520 in inventory, $1,860 in fixed assets, $190 in accounts receivables, $210 in accounts payable, and $70 in cash. What is the amount of the current assets? A. $710 B. $780 C. $990 D. $2,430 E. $2,640 9. Crandall Oil has total sales of $1,349,800 and costs of $903,500. Depreciation is $42,700 and the tax rate is 34 percent. The firm does not have any interest expense. What is the operating cash flow? A. $129,152 B. $171,852 C. $179,924 D. $281,417 E. $309,076 10. What is the change in the net working capital from 2010 to 2011? A. -$1,194 B. $1,306 C. $1,887 D. $4,780 E. $5,172 11. Relationships determined from a firm's financial information and used for comparison purposes are known as: A. financial ratios. B. identities. C. dimensional analysis. D. scenario analysis. E. solvency analysis. 12. According.

1. Which one of the following terms is defined as a conflict of inte.docx

mansonagnus

Uop acc 291 final exam guide

anglecharles28

Uop acc 291 final exam guide

kabalikriston

Uop acc 291 final exam guide

individaulpost

Psy 370 week 1 dq 1

chaubraniltor1971

Similar a A company has outstanding 10 million shares of $2 par common stock and.docx (20)

Uop fin 370 final exam guide

Psy 370 week 3 dq 1

Question 1The Official Document which Gives a States Authorizat.docx

1.Which of the following is considered a hybrid organizational for.docx

Accounting 97063 paper 3 multiple choice (extension) mayjune session 2002

1.A proxy fight occurs when a competitor offers to sell t.docx

ACCT 3220Fall 2013Group Exercise #4Sapienti Co. sells $400.docx

1.value1.00 pointsKatie Homes and Garden Co. has 13,200,0.docx

4. . 5.6..docx

Uop acc 291 final exam

CFIN 601 - Corporate FinanceComprehensive Individual Assignment.docx

Financial Analysis and Decision MakingMake sure all work is legi.docx

Psy 370 week 2 dq 1

1) Hahn Company uses the percentage of sales method for recording .docx

FIN623_Assessment Tool Page 1 of 6 Goldey-Beacom College.docx

1. Which one of the following terms is defined as a conflict of inte.docx

Uop acc 291 final exam guide

Psy 370 week 1 dq 1

Más de tkathryn

A concise answer would suffice. Thank you. short Videos about special relativity and answer the following questions suggested by the films. t. th the Michelson-Morley experiment, the motion of the earth through the ether was supposed to be detected via a change in the interference pattern produced by the interferometer when the apparatus was rotated. However, no change was observed. Why did they expect to see a change, and why was no change seen? Solution The basic aim of the michelson-morley experiment was to verify the existance of ether, a medium assumed to be present in our enviroment which is responsible for the propogation of light. For this two light one perpendicular to the medium and one parallel to medium were made to travel and then interfere. since both would travel different amount in the ether they would have phase difference and that would cause shift in the interference pattern. But no as such result was observed. The main reason was there is no such thing as ether, light is a electromagnetic wave which requires no medium for its propogation. And also without ether there would be no special frame of reference against which different observer can measure the motion so it was deduced ( by Einstein) that speed of light remain constant in all inertial frame. .

A concise answer would suffice- Thank you- short Videos about special.docx

tkathryn

A company has purchased inventory and receives an invoice that indicat.docx

tkathryn

A company uses a weighted average perpetual inventory system. August 2: 10 units were purchased at $12 per unit. August 18: 15 units were purchased at $15 per unit. August 29: 20 units were sold. August 31: 14 units were purchased at $16 per unit. What is the per-unit value of ending inventory on August 31? Solution Weighted Average Cost of Stock of 25 Units: (0.40 x 12 ) + (0.60 x 15) = $13.80 Unit Sold: 20, Unsold 5 Aug31: Total Units in Stock: 5 + 14 = 19 Weighted Average Cost = (0.2632 x 13.80) + (0.7368 x 16) = $15.42 So, the Correct Option is $15.42 .

A company uses a weighted average perpetual inventory system- August.docx

tkathryn

A company reissued at $20 per share 100 shares of treasury stock that.docx

tkathryn

A cockroach of mass m lies on the rim of a uniform disk of mass 5.00 m that can rotate freely about its center like a merry-go-round. Initially the cockroach and disk rotate together with an angular velocity of 0.410 rad/s. Then the cockroach walks halfway to the center of the disk. (a) What then is the angular velocity of the cockroach-disk system? (b) What is the ratio K / K 0 of the new kinetic energy of the system to its initial kinetic energy? Solution let m1 = m m2 = 5*m wi = 0.41 rad/s let R is the radius of the disk a) Apply conservation of angular momentum = initial angular momenum (m1*(R/2)^2 + 0.5*m2*R^2)*wf = (m1*R^2 + 0.5*m2*R^2)*wi (m*(R/2)^2 + 0.5*5*m*R^2)*wf = (m*R^2 + 0.5*0.5*m*R^2)*wi m*R^2*(1/4 + 2.5)*wf = m*R^2*(1 + 2.5)*wi 2.75*wf = 3.5*wi => wf = (3.5/2.75)*wi = (3.5/2.75)*0.41 = 0.522 rad/s b) K = (1/2)*If*wf^2 = (1/2)*(m1*(R/2)^2 + 0.5*m2*R^2)*wf^2 = (1/2)*(m*R^2/4 + 0.5*5*m*R^2)*wf^2 = (1/2)*m*R^2*(2.75)*wf^2 Ko = (1/2)*Ii*wi^2 = (1/2)*(m1*R^2 + 0.5*m2*R^2)*wi^2 = (1/2)*(m*R^2 + 0.5*5*m*R^2)*wi^2 = (1/2)*m*R^2*(3.5)*wi^2 K/Ko = (2.75)*wf^2/(3.5*wi^2) = 2.75*0.522^2/(3.5*0.41^2) = 1.27 .

A cockroach of mass m lies on the rim of a uniform disk of mass 5-00 m.docx

tkathryn

A city is considering reidevelopment of existing 500 ha of industrial lands to an area of mixed use (residential, commercial, and institutional). The land has housed a number of industries over the last several decades, which has resulted in significant contamination of soil groundwater. Following the CSCE Guildlines for Sustainable Development, decribe some considerations you would have if you were tasked with one of the following: a) developing an integrated water management plan (i.e. drinking water, wastewater and stormwater management) for the development. b) working with architects in planning and design of new buildings to be constructed on the property. c) preparing a transportation master plan (all forms of transportation) for the site.. Solution a) Drinking Water- Treatment plant has to be provided as per codal provisions for water purity for drinking. Estimation of drinking water should be done by proper expectation for 50 or design life time for treatment system. Based on the usage KLD per day by different means & intensity we need to expect the need for the system. Waste water - Based on usage wastage expected by different means of system & the same has to be properly treated befre it comes out and disposed to river or lake or reusage by other means. b) New buildings are planned based on traffic analysis & proper town planning so that addition wont object present Eco System. c) Transport system- Based on people statistics, like age , type of people we have to project the common and most usable transport , It may be BRTS, Metro or Local network. .

A city is considering reidevelopment of existing 500 ha of industrial.docx

tkathryn

On January 1- 2014- the Gamekeeper On January 1- 2014- the Gamekee.docx

tkathryn

On January 1, 2014, The Timber Company acquired a 12% interest in the Twig Corporation through the purcahse of 72,000 sahres of Twigs common stock, paying $422,000. During 2014, Twig paid $28,000 in total dividends and reported net income of $95,675. The market price of Twigs common stock was $5.44 per share on December 31, 2014. Journalize the following: A. Timbers stock acquisition B. Timbers realized income for 2104 C. Entry or entries to adjust the investment account to its appropriate 12/31/14 balance. Solution Investment in Common Stock Dr 422,000.00 To Bank A/C 422,000.00 (Being investment in common Stock) Bank Account Dr 3,360.00 To Dividend A/C 3,360.00 (Being dividend received(28000*12%) Provision for dimunition in Value Dr 30,320.00 To Investment 30,320.00 (Being decline in value of investment) Profit and loss Ac Dr 30,320.00 To Provision for dimunition in Value 30,320.00 (Being provision charged to profit and Loss Account) Note No of shares 72,000.00 Purchase price 422,000.00 Purchase price per share 5.86 Purchase price per share at end of year 5.44 Loss per share 0.42 Total decline in investment 30,320.00 .

On January 1- 2014- The Timber Company acquired a 12- interest in the.docx

tkathryn

On January 1, 2014, Frick Company purchased 10,000 shares of the stock of Floozy, and did obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $90,000, and represents a 30% ownership stake. Floozy made $25,000 of net income in 2014, and paid dividends of $10,000. The price of Floozy\'s stock increased from $10 per share at the beginning of the year, to $12 per share at the end of the year Requirements: a. Prepare the January 1 & December 31 general journal entries for Frick Company. b. How much should the Frick Company report on the balance sheet for the investment in Floozy as the end of 2014 Solution a. Prepare the January 1 & December 31 general journal entries for Frick Company. b. How much should the Frick Company report on the balance sheet for the investment in Floozy as the end of 2014 Frick Company report on the balance sheet for investment in Floozy as the end of 2014= $ 90000 .

On January 1- 2014- Frick Company purchased 10-000 shares of the stock.docx

tkathryn

On January 1- 2013- Randolph signed a two year lease to rent office sp.docx

tkathryn

On January 1, 2011, Mulcahy Manufacturing Inc., a newly formed corporation, issued 1,000 shares of common stock in exchange for $135,600 cash. No other shares were issued during 2011, and no shares were repurchased by the corporation. On November 1, 2011, the corporation Solution Mulcahy Manufacturing Inc Stock holder equity, Dec, 31 2011 Particulars Amount Capital stock: Common stock $135,600 Net income $25,300 ____________ Total Stock holder equity $160,900 _____________ Note: corporation major stock holder sold to another stock holder, ownership change but corporation stock remain unchanged. Capital gain to particular stock holder not to corporation. .

On January 1- 2011- Mulcahy Manufacturing Inc-- a newly formed corpora.docx

tkathryn

On January 1, 2011, Bishop Company issued 10% bonds dated January 1, 2011, with a face amount of $20 million. The bonds mature in 2020 (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. REQUIRED: A. Determine the price of the bonds at January1, 2011. B. Prepare the journal entry to record the bond issuance by Bishop on January 1, 2011. C.Prepare the journal entry to record interest on June 30, 2011, using the effective interest method. D. Prepare the journal entry to record interest on December 31,2011, using the effective interest method Solution Answer A. Price of bond A=20*10%/2 i=12%/2=.6 n=10*2=20 FV = 20 million =1*(1-(1+.6)-20/0.6+20/(1+.6)*20 = 17.71 Million B. Cash.....................................................Dr.$177,06,016 Unmortized discount on bond Issue.........Dr $22,93,984 Bonds Payable.....................Cr $200,000,00 C. Interest Expense .....................................Dr $11,14,699 Cash ............................................................Cr $10,00,000 Unmortized discount on bond issue..................Cr.$1,14,699 .

On January 1- 2011- Bishop Company issued 10- bonds dated January 1- 2.docx

tkathryn

On January 1, 2010 Manovic LTD paid HULU $120 for internet movie access for the entire year of 2010. 1)Create the proper journal entry for Manovic as of January 1, 2010. Include description of entry below it. 2)Create the proper journal entry to recognize entertainment expense on January 31, 2010. Include description of entry below it. 3)How much entertainment expense will Manovic have incurred by March 31th, 2010? 4)How much prepaid entertainment will Manovic still have remaining on March 31th , 2010? Solution 1jan)Prepaid Entertainment Debit $ 120 Cash creditÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 120 [Since advance paid for whole year for Internet movie access is an asset Therefore it is Debited.and cash is going out of business therefore credited] 31jan) Entertainment expense Debit $ 10 Prepaid Entertainment creditÂ Â Â $ 10 [Recognising the subscription paid in advance, for month of january of services used in january.since $120year is for whole year therefore subscription expense for month of january = $10 [120/12] subscription expense for month of January = 12 [120/12]. 31March)Expense incurred till 31 march is equal to 10*3 =$ 30 [from january to march] 31March)Till 31 march $30 is incurred as entertainment expense therefore prepaid entertainment still remaining on 31 march= $ 90Â Â Â [ 120-30] .

On January 1- 2010 Manovic LTD paid HULU $120 for internet movie acces.docx

tkathryn

On December 31,2011, the shareholders\' equity section of the balance sheet of R & L Corporation reflected the following: On February 1,2012, the board of directors declared a 12 percent stock dividend to be issued April 30,2012. The market value of the shares on February 1,2012, was $16 per share. Required: For comparative purposes, prepare the shareholders\' equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend. (Omit the \"$\" sign in your response.) Solution Hi, Please find the alternative solution as follows: Thanks. .

On December 31-2011- the shareholders-' equity section of the balance.docx

tkathryn

On December 31, 2012 Revel Corporation\'s balance sheet reported the following. During 2013, Rebel decided to discontinue accounting for share buybacks as treasury shares. Instead, the shares will be treated as having been retired. REQUIRED: PREPARE THE APPROPRIATE JOURNAL ENTRY TO EFFECT THIS CHANGE. Solution C COMMON stock (20000 x1) 20000 Paid-in Capital in Excess of Par 80000 Retained earning -difference 525 000 Treasury stock 625 000 4M/1M=$4 4X 20000=80000 .

On December 31- 2012 Revel Corporation-'s balance sheet reported the f.docx

tkathryn

On December 31, 2008, Nolte Co. is in financial difficulty and cannot pay a note due that day. It is a $600,000 note with $60,000 accrued interest payable to Piper, Inc. Piper agrees to accept from Nolte equipment that has a fair value of $290,000, an original cost of $480,000, and accumulated depreciation of $230,000. Piper also forgives the accrued interest, extends the maturity date to December 31, 2011, reduces the face amount of the note to $250,000, and reduces the interest rate to 6%, with interest payable at the end of each year. *103. Nolte should recognize a gain or loss on the transfer of the equipment of a. $0. b. $40,000 gain. c. $60,000 gain. d. $190,000 loss. *104. Nolte should recognize a gain on the partial settlement and restructure of the debt of a. $0. b. $15,000. c. $55,000. d. $75,000. *105. Nolte should record interest expense for 2011 of a. $0. b. $15,000. c. $30,000. d. $45,000. Solution a. Fair value - ( Original cost - accumulated depreciation) = $290,000 .

On December 31- 2008- Nolte Co- is in financial difficulty and cannot.docx

tkathryn

On February 12- Addison- Inc- purchased 6-000 shares of Lucas Company.docx

tkathryn

On December 1, 2014, Mr. and Mrs. Tyler purchased four tickets for a New Year\'s Eve party at their church, a qualified charitable organization. Each ticket cost $75 and had a FMV of $50. The Tylers gave two of the tickets to a needy family in the community. Mr. Tyler tended bar at the party from 8pm to 4am and was paid $40. The usual charge for such services is $80. Immediately before midnight, Mr. Tyler pledged $200 to the church\'s building fund and delivered a check for that amount on January 2, 2015. Of the amounts described above, what is the total amount the Tylers can deduct as a charitable contribution deduction for 2014? $50 $100 $140 $340 None of the above. Solution cost of ticket =$75 FMV of tckets = $50 No of tikcets purchased = 4 Charitabale contribution available for deduction = (75-50)*4= $100 Ans is b =$100 .

On December 1- 2014- Mr- and Mrs- Tyler purchased four tickets for a N.docx

tkathryn

On December 1, 2011, Joseph Company, a U.S. company, entered into a three-month forward contract to purchase 50,000 pesos on March 1, 2012, as a fair value hedge of a foreign currency denominated account payable. The following U.S. dollar per peso exchange rates apply: Date : December 1, 2011 Spot Rate : $0.092 Forward Rate (March 1, 2012) : $0.105 Date : December 31, 2011 Spot Rate : $0.090 Forward Rate : (March 1, 2012) : $0.095 Date : March 1, 2012 Spot Rate : $0.089 Forward Rate : (March 1, 2012) : N/A Question : Joseph\'s incremental borrowing rate is 12 percent. The present value factor for two months at an annual interest rate of 12 percent is .9803. Which of the following is included in Joseph\'s December 31, 2011 balance sheet for the forward contract? A. $5,146.58 asset. B. $5,146.58 liability. C. $500 liability. D. $490.15 asset. E. $490.15 liability. I need detailed help with steps as to how E was calculated Solution Ans: E. $490.15 liability. $0.105 - $0.095 = ($0.01) Ã— MP50,000 = ($500.00) Ã— .9803 = ($490.15) Liability .

On December 1- 2011- Joseph Company- a U-S- company- entered into a th.docx

tkathryn

on Stre - DH Solution The strength of a nucleophile depends on how easily it can donate its lone pair of electrons (for a neutral nucleophile like H 2 O) or how easily it can give away its negative charge (for a negatively charged species like Cl - ) to a center of positive charge. In terms of electronegativity, Fis a highly electronegative atom followed by O, then comes N and then C. So it is easier for C to share its electrons followed by N then O then F. In other words the more is the basicity of a nucleophile the more is its strength as a nucleophile. All nucleophiles are lewis bases. The basicity reduces as we move from left to right in a period. The arrangement of elements in decreasing order of basicity is C>N>O>F Hence this should be the decreasing order of strength of these atoms as a nucleophile. Likewise if we compare the given options, the arrangement of these groups in increasing order of strength of nucleophile is as shown -F<-OH<-CN<-C 2 H 6 (C 2 H 6 - ethyl) .

on Stre - DH SolutionThe strength of a nucleophile depends on how easi.docx

tkathryn

Más de tkathryn (20)