1. A $1000 loan is being repaid by payments of $100 at the end of each quarter for as long as necessary, plus a smaller final payment. If the nominal rate of interest convertible quarterly is 16%, find the amount of principal and interest in the fourth payment.(32.51 and 67.49) 2. A loan is being repaid with level payments at the end of each year […]
I-The average number of customers per day which walk into a retail store is 7.43. The manager of the store knows this information from a computer read out and decides to take a sample. She finds that the average number of customers per day is 5.43. With this information,the manager can conclude: a-There is a bias in her sample method b-There is error in her […]
In the last module we looked at the Balanced Scorecard and how it is implemented from more of a purist’s approach and just touched on the flexibility of the tool. In this module, we are going to look at the BSC from more of an adaptive approach. That is to say, how adaptable is this tool given the wide variety of organizations out there in […]
ABC Co. is having its inventory cut-off on December 31, 20×1. The following information is gathered for this purpose: a) The inventory count sheet shows total inventory of $500,000 while the ledger shows a balance of $120,000 in accounts payable . b) Not included in physical count is a shipment of inventory to a customer on December 30, 20×1 amounting to $60,000. The sale is […]
13-B3 Comparison of Variable Costing and Absorption CostingConsider the following information pertaining to a year’s operations of Youngstown Manufacturing:Units sold 1,400Units produced 1,600Direct labor $4,200Direct materials used 3,500Fixed manufacturing overhead 2,200Variable manufacturing overhead 300Selling and administrative expenses (all fixed) 700Beginning inventories 0Contribution margin 5,600Direct-material inventory, end 800There are no work-in-process inventories.1. What is the ending finished-goods inventory cost under absorption costing?2. What is the ending […]
_________________________________________________________________________ _________________________________________________________________________ _________________________________________________________________________ _____________________________________________ 4. Are you willing to accept an unpaid internship? Yes _______ No_________ 5. Do you have dependable transportation? Yes________ No_________ 6. Do you have a preference as to the location of your internship? What immediate area (location) would you be most interested? Show more
A DIAMOND PERSONALITY Ask Suraj bhai about the dot-com burst and he may grin at you as if to say, “What burst?’’ Suraj bhai, a 38-year-old entrepreneur, owns an Internet business that sells loose diamonds to various buyers. Business is becoming for Suraj bhai. In 2004, he had sales of INR 3,500 million. Needless to say, Suraj bhai is optimistic about his business venture. The […]
Condensed financial data of Fairchild Company for 2010 and 2009 are presented below. FAIRCHILD COMPANY Comparative Balance Sheet as of December 31 2010 and 2009 2010 2009Cash $1,800 $1,100 Receivables 1,750 1,300 Inventory 1,600 1,900 Plant assets 1,900 1,700 Accumulated depreciation (1,200) (1,170) Long-term investments (Held-to-maturity) 1,300 1,470 $7,150 $6,300Accounts payable $1,200 $ 800 Accrued liabilities 200 250 Bonds payable 1,400 1,650 Capital stock 1,900 […]
Caroline decided to expand her frozen food business, Zizan Inc., a private company in Texas. She seeks help from an underwriter that can assist her to issue 20-year new bonds with a total amount of USD 50 million. Jason Bourn who works with Merrill Lynch (an underwriter) agreed to help Caroline on this matter. He discuss with Caroline on the possible feature of the bond […]
Explain how you reached the answer. No limit words. 1. Which of the following statements is CORRECT? a. Typically, a firms DPS should exceed its EPS. b. Typically, a firms EBIT should exceed its EBITDA. c. If a firm is more profitable than average (e.g., Google), we would normally expect to see its stock price exceed its book value per share. d. If a firm […]
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more