Blue Elk Manufacturing reported sales of $720,000 at the end of last year, but this year, sales are expected to grow by 8%. Blue Elk expects to maintain its current profit margin of 23% and dividend payout ratio of 10%. The following information was taken from Blue Elk’s balance sheet:

Based on the AFN equation, the firm’s AFN for the current year is _____ .

A positively signed AFN value represents:

a.A surplus of internally generated funds that can be invested in physical or financial assets or paid out as additional dividends

b.A shortage of internally generated funds that must be raised outside the company to finance the company’s forecasted future growth

c.A point at which the funds generated within the firm equal the demands for funds to finance the firm’s future expected sales requirements

Because of its excess funds, Blue Elk Manufacturing is thinking about raising its dividend payout ratio to satisfy shareholders. Blue Elk could pay out____ % of its earnings to shareholders without needing to raise any external capital. (Hint: What can Blue Elk increase its dividend payout ratio to before the AFN becomes positive?)

Inflation is expected to be 2.90% this year, 4.45% next year, and 2.00% thereafter. The maturity risk premium is estimated to be 0.08 x (t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Treasury note? Assume a real risk-free rate of 2.40%.

For the current year, Mary sojourned in Canada for 210 days. Also, for the current year, Steve, a long-time resident of Quebec, was living in Canada for the first 210 days in 2020, after which he permanently departed from Canada. Explain how these two individuals will be taxed in Canada.

Calculate the future value in year 12 of a $2,000 deposit in Year 3 and another $4,000 deposit at the end of Year 5 using a 10% compound rate.

$13,406.74

$12,909.82

$12,510.77

$15,007.53

Which of the following is true for a 5-year project with a 3-year payback period?

The net present value is negative.

The net present value is zero.

Initial screening reveals this to be an acceptable project.

The net present value is positive.

int getNumOfDaysInMonth(int mon, int year)
{
   if (mon == 2)
if ( (year % 400 == 0) || ((year % 4 == 0) && (year % 100 != 0)))
return 29;
else
return 28;

else if (mon == 4 || mon == 6 || mon == 9 || mon == 11)
return 30;

else if (mon == 1 || mon==3 || mon == 5 || mon == 7 || mon == 8 || mon == 10 || mon == 12)
return 31;
  
   return 0;
}

Please convert above C program to x86. Please post the correct solution. TIA,

Exercises/Short Answer

1. Warranty expense for a company was $350,000 for the year. They began the year with an $1,200,000 balance in their Allowance for warranty costs account, and ended the year with $1,175,000. How much was incurred for actual warranty costs during the year?

2. Please state the two conditions that must be met in order for a company to accrue a loss contingency

3. On November 1, 2018 Daniels Inc. borrowed $200,000 under a 6% promissory note that was due on April 30, 2019.   Record to journal entries to accrue interest on this note as of December 31, 2018, and to pay it off on April 30, 2019.

4. Porter Co. recorded a cash sale of $250 that was subject to state sales tax rate of 10%. Prepare the journal entry to record this sale.

5. On July 31, 2016 Ernst Corporation called (i.e. redeemed) $10,000,000 par value of bonds payable at 103% of par value. At that time the bonds had an unamortized discount of $145,000. Prepare the journal entry to redeem these bonds.

Company ABC acquired a machine at the beginning of the year. The machine had a 6-year useful life. He expensed the entire acquisition cost in the current year. His error has what effect on current period net income (NI) and retained earnings at the end of the 4th year (RE4)?

a. NI is understated; RE4 is understated

b. NI is understated; RE4 is correct

c. NI is overstated; RE4 is correct

d. NI is overstated; RE4 is understated

e. None of the above

Please help to explain for my better understanding.

How to Calculate the inflation rate for a known year solution to an unknown year solution (2020–2021) period using the GDP deflator based on the Laspeyres, Paasche, and chain-weighted indexes of GDP..

At a compound interest of 5% per year, the amount that $10,000 one year ago is equivalent to now is closest to: Group of answer choices less than $8,000 between $8,000-9,000 between $9,000-10,000 greater than 10,000 None of the answers is correct