Major Communications Ltd., a publicly traded company that specializes in data capture, has been in operation for several years. On October 1, 2019, it had 10 million common shares authorized and 1.5

million shares issued at an average value of $30 per share. As well, there were 1 million preferred shares authorized, with 200,000 of them issued at $15 per share. On October 1, 2019, the balance in Retained Earnings was $20,375,000. During the fiscal year 2020, the following transactions affected shareholders' equity:

1. On November 1, 2019, 400,000 new common shares were issued at $32 per share.
2. On March 15, 2020, a 5% common stock dividend on the outstanding shares was declared and distributed when the market price was $45 per share.
3. On September 1, 2020, a dividend of $5.15 per common share was declared. The date of record was September 15, 2020, with the date of payment being October 5, 2020.
4. The preferred shares pay an annual dividend of $1.20. The preferred dividend for the year was declared and paid.
5. During the fiscal year ended September 30, 2020, the company generated net income after taxes of $25 million. RequiredComplete the below statement of changes in shareholders' equity as at September 30, 2020

GJK Corporation issued bonds on Dec 1, 2010 with a 2% coupon from year 1 through year

7, 3% coupon from year 8 through 10, 3.5% from year 11 through year 13 , and a 4%

coupon from year 14 through year 15, that will mature on Dec 1, 2025 (15 years).

The interest on these bonds is paid and compounded semi-annually

on December 1,2010 You bought the bond on Dec 1, 2013 (three years after it was issued) at $847.50 You sold the bond eight (8) years after you had purchased the bond at $950.00 What was YOUR return

please help me ASAP I will give thump up

Thank you

(Use Excel) For many the promise of a college degree has turned to disappointment as they find themselves struggling to find a job (Financial Times, June 1, 2012). It is especially disturbing since recent evidence suggests that graduating at bad economic times can impact the person’s earning power for a long time. An associate dean at a prestigious college wants to determine if the starting salary of his college graduates has declined from 2008 to 2010. He expects the variance of the salaries to be different between these two years. The accompanying table shows a portion of the salary data for 40 college graduates. Use Table 2. Salary 2008 ($) Salary 2010 ($) Salary 2008 ($) Salary 2010 ($) 34,000 38,000 44,000 43,000 54,000 62,000 41,000 30,000 50,000 32,000 34,000 43,000 53,000 40,000 50,000 61,000 50,000 66,000 56,000 72,000 45,000 33,000 42,000 48,000 63,000 43,000 26,000 60,000 46,000 66,000 56,000 43,000 54,000 66,000 54,000 69,000 50,000 41,000 41,000 48,000 67,000 70,000 69,000 39,000 53,000 27,000 38,000 52,000 37,000 31,000 57,000 28,000 49,000 56,000 54,000 51,000 38,000 58,000 56,000 60,000 40,000 11,000 65,000 18,000 56,000 34,000 49,000 42,000 37,000 64,000 60,000 44,000 50,000 40,000 48,000 48,000 53,000 26,000 50,000 57,000 PictureClick here for the Excel Data File Let Sample 1 be the sample of the starting salary of college graduates in 2008 and Sample 2 be the sample of the starting salary of college graduates in 2010. a-1. Specify the competing hypotheses that determine whether the starting salary of college graduates has declined from 2008 to 2010. H0: ?1 ? ?2 = 0; HA: ?1 ? ?2 ? 0 H0: ?1 ? ?2 ? 0; HA: ?1 ? ?2 < 0 H0: ?1 ? ?2 ? 0; HA: ?1 ? ?2 > 0 a-2. Using the p-value approach, have salaries gone down from 2008 to 2010 at the 5% significance level? Reject H0; there is evidence that the starting salary of college graduates has declined from 2008 to 2010. Reject H0; there is no evidence that the starting salary of college graduates has declined from 2008 to 2010. Do not reject H0; there is evidence that the starting salary of college graduates has declined from 2008 to 2010. Do not reject H0; there is no evidence that the starting salary of college graduates has declined from 2008 to 2010.

Part I: Reporting and Financial Statement Analysis

Given the following financial statements for Voice-Soft, a voice recognition company, answer the questions on the next page.

Develop Free Cash Flow for 2010 from the income statement, balance sheet and cash flow statement above.

FCF=(NOPAT+D&A) –(investment in fixed assets + change in net operating working capital)

Develop and analyze the results of an extended DuPont equation based on 2009 and 2010.

ROE= return on sales * total asset turnover * equity multiplier = NI/slaes * sales/total asset * total asset/ shareholder equty

Part II: Capital Budgeting and Uses of Financial Statements

Voice-Soft Inc. is trying to determine whether to open a new product line, Voice-Write, a speech-to-text product, which is expected to be competitive for four years. The cost of the new capital equipment including shipping and installation is $3100. The equipment will last for 4 years. They use simple straight line depreciation and the market value of the equipment at the end of the project (or it’s salvage value) is $400. For 2013 to 2016, sales are expected to be $4000, 4000, 4200, and 4200; and operating expenses, $2800, $2800, $2700, $2700. The company is expecting to lose before tax operating income of $200 per year due to Voice-Write cannibalizing its current product, Voice-Speak. Voice-Soft has a tax rate of 40% and a weighted average cost of capital (WACC) of 12%.

Complete the Project cash flow statement below and then answer questions 2 -4.

Determine the Net Present Value.

Determine the IRR.

Should Voice-Soft make the investment and why? Explain any limitations or concerns you may have about the acceptance or rejection of this project.

What impact does acceptance or rejection of this project have on the value of Voice-Soft as a firm and on Voice-Soft’s stock? Explain.

A parachutist whose mass is 65 kg drops from a helicopter hovering 1500 m above the ground and falls toward the ground under the influence of gravity. Assume that the force due to air resistance is proportional to the velocity of the​ parachutist, with the proportionality constant b₁ = 30 ​N-sec/m when the chute is closed and b₂= 100 ​N-sec/m when the chute is open. If the chute does not open until the velocity of the parachutist reaches 15 ​m/sec, after how many seconds will the parachutist reach the​ ground? Assume that the acceleration due to gravity is 9.81 m divided by sec squared.

The parachutist will reach the ground after ______ seconds.

A parachutist whose mass is 80 kg drops from a helicopter hovering 1000 m above the ground and falls toward the ground under the influence of gravity. Assume that the force due to air resistance is proportional to the velocity of the​ parachutist, with the proportionality constant b₁ = 30 ​N-sec/m when the chute is closed and b₂ = 90 ​N-sec/m when the chute is open. If the chute does not open until the velocity of the parachutist reaches 20 ​m/sec, after how many seconds will the parachutist reach the​ ground? Assume that the acceleration due to gravity is 9.81 m/sec²

The parachutist will reach the ground after ______ seconds.
​(Round to two decimal places as​ needed.)

.

1)Current assets include

a.assets that are expected to serve the business for many years.

b.cash and assets that will be converted into cash or consumed within either one year or the normal operating cycle of the business, whichever is longer.

c.plant assets.

d.cash and assets that will be converted into cash or consumed within either one year or the normal operating cycle of the business, whichever is shorter.

2)A sale made on credit would be reported as an __________.

a.operating activity.

b.investing activity.

c.financing activity.

d.None of these choices are correct

3)The summary account will not appear on the post-closing trial balance.

True

False

4)Numbers in parentheses on a statement of cash flows indicate a cash outflow.

True

False

5)The Service Fees account

a.will appear on the post-closing trial balance.

b.is a temporary revenue account.

c.is closed to the Income Summary account.

d.is closed to the Income Summary account and is a temporary revenue account

6)All of the following are true about the post-closing trial balance, except:

a.Only permanent accounts are listed in the post-closing Trial Balance.

b.It is prepared before the closing process.

c.The owner's capital balance listed on the post-closing Trial Balance was updated to reflect revenues, expenses, and drawing for the accounting period.

d.It is prepared after posting the closing entries to prove the equality of the debit and credit balances in the general ledger accounts.

7)The step(s) of the accounting cycle that is/are utilized during the accounting period would be

a.analyze source documents.

b.post to the general ledger accounts.

c.journalize the transactions.

d.All of these choices are correct.

8)the steps involved in accounting for all of the business activities during an accounting period are called the __________.

operating cycle

calendar cycle.

accounting cycle

None of these choices are correct.