Questions
The management of Dandin Company is considering two choices for the best of investment portfolio that...

The management of Dandin Company is considering two choices for the best of investment portfolio that is either (1) a combination of financial assets A and B or (2) a combination of financial assets A and C. The planned investment is 50 per cent for each asset component in each portfolio.

The following are the estimated returns for all the three types of financial assets:

Table 1: Expected Return (%) of Financial Assets
Year A B C
2003 12 16 12
2004 14 14 14
2005 16 12 16

1)Calculate the expected return for each portfolio.
2)Calculate the standard deviation for each portfolio.
3)Choose the portfolio that Dandin Company should invest.

In: Finance

What is the current price of a bond issued by Dundee International which pays a semiannual...

  1. What is the current price of a bond issued by Dundee International which pays a semiannual coupon rate of 6 8/9%? The bond matures in 5 years and the required return on investments of similar risk is 6.5%.
  2. Maxine Corp has a 5 1/8% coupon bond outstanding in 2004. The bond matures on April 1 in the maturity year. Suppose an investor bought this bond on April 1, 1999 and assume that interest is paid annually on April Calculate the yield-to-maturity assuming the investor buys the bond at 105, as quoted in the financial press.
  3. Determine the expected inflation rate if the nominal rate of return is 10% and the real rate of return is 7%.

In: Finance

In 2015, a jury ruled that Deloitte & Touche LLP wasn’t liable in Florida’s biggest-ever insurance-company...

In 2015, a jury ruled that Deloitte & Touche LLP wasn’t liable in Florida’s biggest-ever insurance-company collapse. The Florida Department of Financial Services did not prove its claims that Deloitte was negligent in its audits for three insurance companies that collapsed after a string of hurricanes hit the state in 2004 and 2005. The state was seeking up to $850 million in damages. Deloitte had maintained that the insurance companies’ collapses were caused by an unprecedented string of hurricanes, not by an audit failure.

Research this case to learn further details.

How was Deloitte allegedly connected to the damages in this case?

Why did the Florida Department of Financial Services decide to sue Deloitte?

In: Accounting

Selected information from Rockway, Inc.’s U.S. GAAP financial statements for the year ended December 31, included...

Selected information from Rockway, Inc.’s U.S. GAAP financial statements for the year ended December 31, included the following (in $):

2004

2005

Sales

17,000,000

21,000,000

Cost of Goods Sold

11,000,000

15,000,000

Interest Paid

800,000

1,000,000

Current Income Taxes Paid

700,000

1,000,000

Accounts Receivable

3,000,000

2,500,000

Inventory

2,400,000

3,000,000

Property, Plant & Equip

2,000,000

16,000,000

Accounts Payable

1,000,000

1,400,000

Long-term Debt

8,000,000

9,000,000

Common Stock

4,000,000

5,000,000

Cash provided or used by operating activities (CFO) in the year 2005 was closest to:

Group of answer choices

A. $6,300,000.

B. $5,300,000.

C. $4,300,000.

In: Accounting

The following account balances are for the Agee Company as of January 1, 2015, and December...

The following account balances are for the Agee Company as of January 1, 2015, and December 31, 2015. All figures are denominated in kroner (Kr).

January 1, 2015 December
31, 2015
  Accounts payable (9,000)     (19,000)    
  Accounts receivable 34,000      84,000     
  Accumulated depreciation—buildings (25,000)     (30,000)    
  Accumulated depreciation—equipment 0      (5,500)    
  Bonds payable—due 2018 (55,000)     (55,000)    
  Buildings 114,000      95,000     
  Cash 40,000      8,500     
  Common stock (64,000)     (78,000)    
  Depreciation expense 0      20,000     
  Dividends (10/1/15) 0      37,000     
  Equipment 0      35,000     
  Gain on sale of building 0      (6,500)    
  Rent expense 0      17,000     
  Retained earnings (35,000)     (35,000)    
  Salary expense 0      25,000     
  Sales 0      (100,000)    
  Utilities expense 0      7,500     
Additional Information

Agee issued additional shares of common stock during the year on April 1, 2015. Common stock at January 1, 2015, was sold at the start of operations in 2004.

It purchased buildings in 2005 and sold one building with a book value of Kr 14,000 on July 1 of the current year.

Equipment was acquired on April 1, 2015.
Relevant exchange rates for 1 Kr were as follows:
  2004 $ 2.65
  2005 2.45  
  January 1, 2015 2.75  
  April 1, 2015 2.85  
  July 1, 2015 3.05  
  October 1, 2015 3.15  
  December 31, 2015 3.25  
  Average for 2015 2.95  
a.

Assuming the U.S. dollar is the functional currency what is the remeasurement gain or loss for 2015?

       

b.

Assuming the foreign currency is the functional currency what is the translation adjustment for 2015?

       

In: Accounting

You may use Microsoft access or Derby DB Please I need an answer for this problem,...

You may use Microsoft access or Derby DB

Please I need an answer for this problem, I have posted this problem 5 times.

Put aggregate without condition for the following 6 queries:

  • Queries:

    -- Query 1
    -- Find the details of students who was born after 31st december 2004.
    select * from Student_Information where DOB>"2004-12-31";

    -- Query 2
    -- Find all student details whose first name begins with J.
    select * from Student_Information where FirstName like 'J%';

    -- Query 3
    -- Find the total fees for each FeeID.
    select FeeID,(OrientationFee+CampusFee+LabFee+CommencementsFee) as "Total Fees" from Fees;

    -- Query 4
    -- Find all subject IDs whose Subject1 is botany.
    select subjectID from Subjects where Subject1="Botany";

    -- Query 5
    -- Find all gradeIDs with 10 points for both quiz and exam.
    select GradeID from Grades where Quizzes=10 and exams=10;

    -- Query 6
    -- Find the feeid and orientation fees where orientation fees is beween 500 and 1300
    select FeeId,OrientationFee from Fees where OrientationFee BETWEEN 500 AND 1300;

Schema:

Student's Information

Fees

Subjects

Grades

Student’s Information (ID, Firstname, Lastname, DOB);

Fees (ID, Orientationfees, Campusfees, Labfees, Commencementfees);

Subjects (ID, Subject1, Subject2, Subject3, Subject4);

Grades (ID, Quizzes, Classwork, Homework, Exams, Finalgrade);

Student's Information

ID

Firstname

Lastname

DOB

Fees

ID

Orientationfees

Campusfees

Labfees

Commencementfees

Subjects

ID

Subjectname

Grades

ID

Quizzes

Classwork

Homework

Exams

Finalgrade

In: Computer Science

Review the authoritative literature regarding accounting changes and relate it to the discount rate and rate...

Review the authoritative literature regarding accounting changes and relate it to the discount rate and rate of return changes for pensions and other postretirement benefits. Under what circumstances are changes in estimates justifiable?

In: Accounting

Provide an overview of kinship-related demographic changes in the United States and Canada. How have kinship...

Provide an overview of kinship-related demographic changes in the United States and Canada. How have kinship arrangements changed? How do these changes relate to other cultural changes in society?

In: Psychology

Provide an explanation of the changing health care labor force and US population. 2 Provide a...

Provide an explanation of the changing health care labor force and US population. 2 Provide a detailed analysis of the changing health care labor force, cause of these changes and the impact of these changes on the US healthcare system 3 In addition propose solutions to the impact of health care labor force changes or how to leverage the position impact of these changes.

In: Economics

As the community health LPN, you have received a referral for a 39-year old Indonesian lady...

As the community health LPN, you have received a referral for a 39-year old Indonesian lady for staple removal, post-op emergency cholecystectomy. Upon arrival to the home, you observe broken glass around the entrance of the basement apartment and note it is in desperate need of repairs. One of the windows has been boarded up and the step has a board missing and the wood looks rotten. The client answers the door, carrying a 2-year child on her hip and 2 older siblings, ages 5 and 7 are standing behind her. The children are all noted to be dressed in several layers of clothing. Upon entering the home, you note the home feels quite cold and damp. The only furniture you can see is a small table, two chairs and a mattress on the floor of the only bedroom. There is no visible toys, books, or TV. In communicating with the client, you detect a thick accent and she speaks in broken English. She informs you that she is doing ok; however, the family is struggling financially since they arrived in NL from Indonesia 1 year ago. Her husband is working at the local gas bar part time. The client states "I try get groceries cheap but that hard". " I like NL but miss my home country. (I talk to my family every month". I get job but need more education. My son he needs medicine but we no money. My husband has bad cough, he always tired and no taste no more." I attend my church online and meet 2 ladies from my home country. One lady wants to teach me how make masks. She tells me I think take English course by our church.

• What resources are available in your community?

• What is the role of a community health LPN in caring for the client and her family?

• Who should be included in the interprofessional care team for this client?

• How can the LPN provide culturally appropriate care?

• How can LPN’s working in community ensure they are empowering families to meet their own needs?

In: Nursing