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External link to Tangshan Mining Company is considering investing in a new mining project. The firm’s cost of capital is 12 percent and the project is expected to…
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Tangshan Mining Company is considering investing in a new mining project. The firm’s cost of capital is 12 percent and the project is expected to…

Tangshan Mining Company is considering investing in a new mining project. The firm’s cost of capital is 12 percent and the project is expected to have an initial aftertax cost of $5,000,000. Furthermore, the project is expected to provide aftertax operating cash flows of $2,500,000 in year 1, $2,300,000 in year 2, $2,200,000 in year 3, and ($1,300,000) in year 4? (i) (3 pts) Calculate […]

External link to 3-4:4 A mutual fund has an NAV of $11.39 with 268,300 shares outstanding. What is the value of the fund’s assets if it has $211,400 in liabilities?
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3-4:4 A mutual fund has an NAV of $11.39 with 268,300 shares outstanding. What is the value of the fund’s assets if it has $211,400 in liabilities?

3-4:4 A mutual fund has an NAV of $11.39 with 268,300 shares outstanding. What is the value of the fund’s assets if it has $211,400 in liabilities? 3-4:5 The European Growth Fund has $920 million in assets and $68,000 in liabilities. There are 29.6 million shares outstanding. The fund charges a 4.5% front-end load. What is the offering price? 3-4:6 Eastern States Mutual Fund sold […]

External link to The income statement for Baxter Company for 2008 appears below.
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The income statement for Baxter Company for 2008 appears below.

The income statement for Baxter Company for 2008 appears below.BAXTER COMPANYIncome StatementFor the year Ended December 31,2008—————————————————–Sales (40,000 units)………………..$1,000,000Variable Expenses……………………..700,000________Contribuation Margin…………………..300,000Fixed Expenses………………………..330,000_________Net income (loss)……………………$(30,000)________________InstructionsAnswer the following independent questions and show computations using the contribution margin technique to support your answers:1. What was the company’s break-even point in sales dollars in 2008?2. How many additional units would the company have had to sell in 2009 in […]

External link to Nike had sales of $25.3 million in 2012.
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Nike had sales of $25.3 million in 2012.

Nike had sales of $25.3 million in 2012. suppose you expect its sales to grow at a rate of 10 % in 2013, but then slow by 1% per year to the long-run growth rate that is characteristic of the apparel industry-5%-by 2018.  Based on Nike’s past profitabiloity and investment needs, you expect EBIT to be 10% of sales, increases in net working capital requirements […]

External link to Tax 4001 Rosenthal Fall 2015 Homework Set #3 — Chapter 5 Kendra Brown, a sole proprietor, acquires a new five-year asset on April 17, 2015, for…
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Tax 4001 Rosenthal Fall 2015 Homework Set #3 — Chapter 5 Kendra Brown, a sole proprietor, acquires a new five-year asset on April 17, 2015, for…

Tax 4001                                                                   Rosenthal     Fall  2015 Homework Set #3 — Chapter 5 Kendra Brown, a sole proprietor, acquires a new five-year asset on April 17, 2015, for $480,000.  This is the only asset acquire by Kendra during the year.  Kendra does NOT elect §179 and elects out of bonus depreciation.  On September 1, 2016, she sells the asset.  Determine the cost recovery for 2015 Determine the […]

External link to W plc was established nine years ago. The company has grown steadily throughout that period and the directors are beginning to plan the next stage of…
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W plc was established nine years ago. The company has grown steadily throughout that period and the directors are beginning to plan the next stage of…

W plc was established nine years ago. The company has grown steadily throughout that period and the directors are beginning to plan the next stage of expansion. The company requires to raise a substantial amount of finance in order to grow and the directors are considering the options that are open to them. One possibility is to raise funds through borrowing. Another would be to […]

External link to The following are the job cost related accounts for the law firm of Marigold Associates and their manufacturing equivalents:
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The following are the job cost related accounts for the law firm of Marigold Associates and their manufacturing equivalents:

Law Firm Accounts Manufacturing Firm Accounts Supplies Raw Materials Salaries and Wages Payable Factory Wages Payable Operating Overhead Manufacturing Overhead Service Contracts in Process Work in Process Cost of Completed Service Contracts Cost of Goods Sold 1.Purchased supplies on account $2,500. 2.Issued supplies $1,400 (60% direct and 40% indirect). 3.Assigned labor costs based on time cards for the month which indicated labor costs of $72,400 (80% direct […]

External link to Accounting Fraud at WorldCom 1. Discuss the corporate culture at WorldCom and how it contributed to the accounting fraud.
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Accounting Fraud at WorldCom 1. Discuss the corporate culture at WorldCom and how it contributed to the accounting fraud.

Accounting Fraud at WorldCom1. Discuss the corporate culture at WorldCom and how it contributed to the accounting fraud.2. Discusshow the CEO’s desire to be the #1 stock on Wall Street contributed to the fraud.3. Given the pressure on accountants to book and release accruals to meet expected results, how might an Accountant go about handling this type of situation?4. Discuss the pros and cons of […]

External link to I only need questions 1-3 answered. Thanks. “case study:
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I only need questions 1-3 answered. Thanks. “case study:

I only need questions 1-3 answered. I also attached the case study that I have scanned so you are able to see it. Thanks.”case study: Garden state container corporation, Financial analysis forcasting Case 36 directedGarden State Container corporation manufactures boxes and other containers primarily for farm products. More than 85 percent of the company’s sales come from the northeastern part of the United States, Question […]

External link to Sorry, should be a simple write up of a half a page to 1 page. Thank you Sara Blakely business, Spanx.
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Sorry, should be a simple write up of a half a page to 1 page. Thank you Sara Blakely business, Spanx.

Sorry, should be a simple write up of a half a page to 1 page. Thank youSara Blakely business, Spanx.com, a manufacturer of footless pantyhose, slimming intimates, hosiery, and other women’s apparel. The business has been a dream come according to Sara. To date, Sara remains self funded and has a reliable accounting system to help her make good business decisions. She expanded her sales […]

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