Gold Company was experience financial difficulties, but was not bankrupt or insolvent. The National Bank which held a mortgage on other real estate owned by Gold, reduced the principal from $110,000 to $85,000. The bank had made the loan to Gold when it purchased the real estate from Silver, Inc. Pink, Inc. the holder of a mortgage on Gold’s building, agreed to accept $40,000 in […]
Carlos Cavalas,the manager of Echo Product’s Brazilian Divison,is trying to set the production schedule for the last quarter of the year. the Brazilian Divison had planned to sell 3,600 units during the year,but by september 30 only the following activity had been reported:Units02,4002,000400 The division can rent warehouse space to store up to 1000 units.the minimum is inventory level that the division should carry is […]
Upper Central Consultancy (UCC) wishes to bid for a market research project. The cost estimates on which UCC will base its bid are shown below: 275 hours work in initial data collection and preparation of research questionnaire. The hours are broken down as follows: 135 hours are available from existing staff that are not currently utilized. Their total employment cost is £22 per hour. 140 […]
1. How would you define the ethics of being cared-for? What is it? 2. Can we move from the natural responsiveness of being cared-for in a genuine relation to an ethical responsibility for behaving as cared-for in a situation where natural affection and receptivity break down? 3. Do you know a special situation for behaving as cared-for in a situation where natural affection does not […]
Compute the weighted average cost of capital RIC Inc. using the following information: RIC Inc. has decided to finance this product line expansion by raising new capital. The company’s optimal capital structure calls for 35% debt, 40% equity, and 25% preferred stock. RIC Inc. can issue a series of 8% coupon bonds with a $ 1000 par value. The bonds will mature in 10 years […]
Analyze the evolution of social media standards and practices and how it relates to the potential need for regulation of social media, along with ethical concerns. Evaluate psychological theories and their insights into the widely varying opinions and attitudes that are expressed through social media. Compare and contrast new social media marketing trends with more traditional forms of advertising. Assess the development of societal standards […]
1.Total variable costs change proportionately with changes in output activityTrue/False2.Cost-volume-profit analysis is frequently based on the assumption that the production level is the same as the sales level.true/false3.A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit and fixed costs increase to […]
Jordan Motors, Inc. opens a dealership in Frankfurt, Germany, selling American cars. In its advertising campaign, Jordan claims that for the next two weeks only, it will beat the price on any comparable German car by 500 Euros. Faced with this threat to its market share, Hartman Autos, A.G. slashes its prices to cost. Andrea Giebbels comes to Jordan’s showroom with a written quote of […]
Quality Computer Company agrees to sell one hundred hard drives to Retail Electronics, Inc. The hard drives, which Retail Electronics expressly requires to have certain amounts of memory, are to be shipped “F.O.B. Retail Electronics distribution center in Memphis, TN.” When the drives arrive, Retail Electronics rejects them and informs Quality Computer, claiming that the drives do not conform to Retail Electronics’ memory requirement. A […]
Pr. 10-140—Capitalization of interest.Early in 2012, Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobbs’s manufacturing facility. Construction was begun on June 1, 2012 and was completed on December 31, 2012. Dobbs made the following payments to Kiner, Inc. during 2012:Date Payment June 1, 2012 $4,800,000August 31, 2012 7,200,000December 31, 2012 6,000,000In order to help finance the construction, Dobbs issued […]
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