Questions
According to Shaul Oreg (2003; 2006), what are the factors that have a positive influence on...

According to Shaul Oreg (2003; 2006), what are the factors that have a positive influence on the dispositions toward change in an organization?

In: Operations Management

100 50 / 2006 2003 - 2.5 1.25 / 4 ^ * * 2 4 2...

100 50 / 2006 2003 - 2.5 1.25 / 4 ^ * * 2 4 2 ^ # ^ /

Postfix expression please explain

In: Computer Science

Scott, Inc. common stock has an equity beta of 1.1, the annual risk-free rate is 5%,...

Scott, Inc. common stock has an equity beta of 1.1, the annual risk-free rate is 5%, and the expected return on the market portfolio is 10%. The firm expects that following 2009 its dividends will increase at the same annual compound rate as that over the 2006-2009 period.

Year. Dividend
2006 2.5
2007 2.6
2008 2.7
2009 2.8

Estimate the value of a share of Scott, Inc.’s stock using the dividend discount model. Round your final answer to two decimals.

In: Finance

[The following information applies to the questions displayed below.]Vanishing Games Corporation (VGC) operates a massively multiplayer...

[The following information applies to the questions displayed below.]
Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2018, VGC’s income statement accounts had zero balances and its balance sheet account balances were as follows:

Cash $ 2,340,000
Accounts Receivable 238,000
Supplies 17,000
Equipment 899,000
Buildings 467,000
Land 2,170,000
Accounts Payable 121,000
Deferred Revenue 121,000
Notes Payable (due 2025) 76,000
Common Stock 2,800,000
Retained Earnings 3,013,000


In addition to the above accounts, VGC’s chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month:

  1. Received $57,500 cash from customers on 1/1 for subscriptions that had already been earned in 2017.
  2. Purchased 10 new computer servers for $42,800 on 1/2; paid $16,400 cash and signed a three-year note for the remainder owed.
  3. Paid $15,300 for an Internet advertisement run on 1/3.
  4. On January 4, purchased and received $3,250 of supplies on account.
  5. Received $205,000 cash on 1/5 from customers for service revenue earned in January.
  6. Paid $3,250 cash to a supplier on January 6.
  7. On January 7, sold 17,300 subscriptions at $13 each for services provided during January. Half was collected in cash and half was sold on account.
  8. Paid $400,000 in wages to employees on 1/30 for work done in January.
  9. On January 31, received an electric and gas utility bill for $6,300 for January utility services. The bill will be paid in February.
  1. Prepare journal entries for the January transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
  2. Enter the beginning balances shown above in the following T-accounts and post the journal entries.
  3. Prepare an unadjusted trial balance as of January 31, 2018.

In: Accounting

Skip Company announced its regular quarterly cash dividend of $0.20 per share. Currently there are one...

  1. Skip Company announced its regular quarterly cash dividend of $0.20 per share. Currently there are one million shares outstanding. (7 points)

Declaration date: October 24, 2006

Ex-dividend date: November 20, 2006

Record date: November 22, 2006

Payment date: December 15, 2006

  1. On which date will the stock price change to reflect the value of the dividend?
  1. Skips stock price at the end of November is expected to be $20. What is the dividend yield?
  1. Suppose that the marginal tax rate on dividend is 15% and the marginal tax rate on capital gain is 10%, how much is the stock price likely to fall?
  1. Suppose that the company decides to use the same amount of cash to buy back shares rather than to issue cash dividends. The company will buy back shares at the market price at the end of November. You currently hold 10000 shares, and you decide to sell 1000 shares during the repurchase. What is the percentage ownership after the repurchase?
  1. Suppose that the company decides to issue a 10% stock dividend instead of a cash dividend. How much is the stock price likely to fall? Let P’ be the new price after the stock dividend. We know that the number of shares outstanding will increase by a factor of 1.1 after the dividend, but the total value of equity does not change.

In: Finance

Absorption Costing and Variable Costing Roessler Scandinavia is a new division of Roessler International. The division...

Absorption Costing and Variable Costing Roessler Scandinavia is a new division of Roessler International. The division manufactures spangles in a single manufacturing facility. Following is pertinent data for 2005, its first year of operations (hence, there is no beginning inventory). Annual factory capacity (in units): 300,000 Units manufactured in 2005: 240,000 Sales demand: 180,000 Variable manufacturing cost per unit: $12 Fixed manufacturing overhead costs: $1,450,000 Variable non-manufacturing costs per unit: $3 (this is a sales commission) Fixed non-manufacturing costs: $110,000 Sales price per unit: $ 30 The sales demand, per-unit sales price, per-unit variable manufacturing cost, per-unit sales commission, and total fixed non-manufacturing costs are all expected to remain unchanged in 2006 from 2005. Fixed manufacturing overhead costs are expected to increase by 10%.

Required:

Calculate 2005 income and projected 2006 income under Absorption Costing, under each of the following sets of assumptions:

c) The company accounts for inventory using LIFO, allocates fixed manufacturing overhead costs based on units produced, manufactures enough units in 2006 to plan for 90,000 units in ending inventory at the end of the year.

d) The company accounts for inventory using LIFO, allocates fixed manufacturing overhead costs based on units produced, manufactures at capacity in 2006

In: Accounting

The following data give the number of hours 5 students spent studying and their corresponding grades...

The following data give the number of hours 5 students spent studying and their corresponding grades on their midterm exams.

Hours Studying 1 1 2 3 6
Midterm Grades 65 73 74 86 91

Step 1 of 5:

Calculate the sum of squared errors (SSE). Use the values b0=65.9185 and b1=4.5698 for the calculations. Round your answer to three decimal places.

Step 2 of 5:

Calculate the estimated variance of errors, s^2e. Round your answer to three decimal places.

Step 3 of 5:

Calculate the estimated variance of slope, s^2 b1 Round your answer to three decimal places.

Step 4 of 5:

Construct the 95% confidence interval for the slope. Round your answers to three decimal places.

Step 5 of 5:

Construct the 99% confidence interval for the slope. Round your answers to three decimal places.

In: Statistics and Probability

The following data give the number of hours 5 students spent studying and their corresponding grades...

The following data give the number of hours 5 students spent studying and their corresponding grades on their midterm exams.

Hours Studying 1 1 2 3 6
Midterm Grades 65 73 74 86 91

Step 1 of 5:

Calculate the sum of squared errors (SSE). Use the values b0=65.9185 and b1=4.5698 for the calculations. Round your answer to three decimal places.

Step 2 of 5:

Calculate the estimated variance of errors, s^2e. Round your answer to three decimal places.

Step 3 of 5:

Calculate the estimated variance of slope, s^2 b1 Round your answer to three decimal places.

Step 4 of 5:

Construct the 95% confidence interval for the slope. Round your answers to three decimal places.

Step 5 of 5:

Construct the 99% confidence interval for the slope. Round your answers to three decimal places.

In: Statistics and Probability

Q. 5 Prospect Ltd., which uses FIFO method of inventory management, began in June with 75...

Q. 5 Prospect Ltd., which uses FIFO method of inventory management, began in June with 75 units of inventory that cost $15 each. During June, it completed the following inventory transactions: Units Unit Cost Unit Sale Price June 7 Purchase 20 $16 June 13 Sale 71 $25 June 19 Purchase 38 $18 June 27 Sale 42 $27 Required a) Prepare a perpetual inventory record for internal reporting purposes under FIFO method. (marks: 8) b) Journalise, with explanations, the above transactions. (marks: 5) c) Prepare T accounts for Inventory, cost of sales and revenue. (marks: 3) d) Compute gross profit for Prospect Ltd. for June. (marks:1)

In: Accounting

The following is a list of account titles and amounts (in millions) reported at December 27,...

The following is a list of account titles and amounts (in millions) reported at December 27, 2015, by Hashey, Inc. a leading manufacturer of games, toys, and interactive entertainment software for children and families:

Accounts Receivable $ 1,106 Equipment $ 486
Accumulated Amortization 741 Goodwill 591
Accumulated Depreciation 496 Inventories 346
Allowance for Doubtful Accounts 32 Land 11
Buildings 236 Licensing Rights 1,859
Cash and Cash Equivalents 676 Prepaid Rent 351

Required:

  1. Prepare the asset section of a classified balance sheet for Hashey, Inc.
  2. Using Hasbro’s 2015 Net Sales Revenue of $4,570 (million), its Net Fixed Assets of $226 (million) at December 28, 2014, and its Net Fixed Assets computed at December 27, 2015, calculate the fixed asset turnover ratio for 2015.

In: Accounting