There are two risky assets and one risk-free asset available for investment. The two risky assets have the following features: Asset X has an expected return of 25% and a variance of returns of 625%2 (0.04). Asset Y has an expected return on 20% and a standard deviation of returns of 20%. The covariance between the returns on X and Y is 500%2 (0.0500). Short […]
In connection with the audit of an issue of long-term bonds payable, the auditor shoulda. Determine whether bondholders are persons other than owners, directors, or officers of the company issuing the bond.b. Calculate the effective interest rate to see if it is substantially the same as the rates for similar issues.c. Decide whether the bond issue was made without violating state or local law.d. Ascertain […]
17. On January 1 of the current year, Sarah and Bart form an equal partnership. Sarah makes a cash contribution of $60,000 and a property contribution (adjusted basis of $160,000; fair market value of $140,000) in exchange for her interest in the partnership. Bart contributes property (adjusted basis of $120,000; fair market value of $200,000) in exchange for his partnership interest. Which of the following […]
Assignment Details You are the newly hired accountant for The Gift Shop. The owner has just received the December 31, 2008 bank statement and has asked you to prepare the monthly bank reconciliation. 1. Prepare the monthly bank reconciliation for The Gift Shop based on the information provided. 2. Write the procedure documentation for the monthly bank reconciliation process in a professional manner. · It will be the […]
The Township of Thomasville’s General Fund has the following net recourses at year end:* $65,000 of prepaid insurance;* $375, 000 rainy day fund approved by the township governing board with specific conditions for its use;* $2,500 os supplies inventory* $60,000 state grant for snow removal;* $150,000 contractual obligations for the purchase of eqpuipment;* $200,000 to be used to fund government operations in the future;* outstanding […]
Suppose you deposit $10,000 today, and plan to deposit $10,000 annually at the end of each of the next 9 years for a total of 10 deposits. (The last deposit is made at the end of Year 9 and no deposit is made in Year 10.) You expect to earn 11% interest compounded annually over this accumulation period. You then plan to withdraw the funds […]
Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million shares at the start of the year; and $500 million in assets, 40 million in debt, and 18 million shares at the end of the year. During the year investors have received income distributions of $0.50 per share, and capital gains distributions of $0.30 per share. Assuming that […]
For your homework assignment for week 1 prepare an essay that answers the following questions:1. A decade ago the idea that medical procedures might move offshore was unthinkable. Today it is a reality. What trends have facilitated this process? Is the globalization of health care good or bad for the American economy? 2. Is the globalization of health care good or bad for patients? Who […]
How would I do the five entries(im guessing journal entries) to record the liquidation of the Tri Brothers Partnership. Problem C – VI _ Partnership Liquidation ( 20 points )The balance sheet of the Tri Brothers Partnership just prior to liquidation appears below :”Tri Brothers PartnershipBalance SheetDecember 31 , 2014AssetsLiabilities and Owners’ EquityCash$ 140, 000Liabilities$240, 000Noncash assets380, 000Grayson , Capital40, 000Lawson , Capital160 , 000Myers […]
On the top left there is another tap titled “About Hospital Compare Data” that Shows information on Process of Care Measures, Outcome of Care Measures, and Outpatient Imaging Efficiency Measures. As you consider this information, bring to mind the six dimensions of quality: Safety, effectiveness, patient-centeredness, timeliness, efficiency, and equity. Search…through step 3. For the purposes of this assignment, go back to the 1st page […]
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