Boehm Corporation has had stable earnings growth of 4% a year for the past 10 years, and in 2019 Boehm paid dividends of $5 million on net income of $10 million. However, net income is expected to grow by 24% in 2020, and Boehm plans to invest $7.0 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 4% earnings growth rate. Its target debt ratio is 32%. Boehm has 1 million shares of stock.

Calculate Boehm's dividend per share for 2020 under each of the following policies:

1. Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.
2. It continues the 2019 dividend payout ratio. Round your answer to the nearest cent
3. It uses a pure residual policy with all distributions in the form of dividends (32% of the $7.0 million investment is financed with debt). Round your answer to the nearest cent.
4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy. What will the extra dividend be? Round your answer to the nearest cent.

Boehm Corporation has had stable earnings growth of 7% a year for the past 10 years, and in 2019 Boehm paid dividends of $3 million on net income of $15 million. However, net income is expected to grow by 30% in 2020, and Boehm plans to invest $11.0 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 7% earnings growth rate. Its target debt ratio is 37%. Boehm has 1 million shares of stock.

1. Calculate Boehm's dividend per share for 2020 under each of the following policies:

1.Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.

2. It continues the 2019 dividend payout ratio. Round your answer to the nearest cent.

3. It uses a pure residual policy with all distributions in the form of dividends (37% of the $11.0 million investment is financed with debt). Round your answer to the nearest cent.

4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy. What will the extra dividend be? Round your answer to the nearest cent.

Show calculations please

Pineapples Corporation is in need of cash. It issues bonds with a $2 million face value. The bonds have a 8.48% coupon rate. The market rate is 6%. The bonds have a life of 10 years, and are compounded semiannually. Pineapples Corp. issues the bonds on 1/1/20. Please provide all journal entries that Pineapples Corp. must record during 2020 in relation to these bonds. (HINT: There are a total of three journal entries which must be made.) You may round your answers to the nearest dollar.

Show your work here !!!!

Record your FIRST of three journal entry here for 2020:

Record your SECOND of three journal entry here for 2020:

Record your THIRD journal entry here for 2020:

Additional Question (A) Related to Pineapples Corp: What is the journal entry Pineapples Corp. will record when it retires the bonds in 10 years (after/not including the final coupon payment):

Additional Question (B) Related to Pineapples Corp: Over the life of the bond, how much interest expense will Pineapples Corp. recognize? (Show your calculation in the space below for full credit)

Additional Question (C) Related to Pineapples Corp: If the coupon rate was 6% (instead of 8.48%) and all other facts remained the same, what would be the price of the bond at issuance? (Show your work or provide your explanation in the space below for full credit.)

15/3 Boehm Corporation has had stable earnings growth of 6% a year for the past 10 years, and in 2019 Boehm paid dividends of $4 million on net income of $10 million. However, net income is expected to grow by 34% in 2020, and Boehm plans to invest $7.0 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 6% earnings growth rate. Its target debt ratio is 36%. Boehm has 1 million shares of stock.

1. Calculate Boehm's dividend per share for 2020 under each of the following policies:
2. 1. Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.

$ _______

2. It continues the 2019 dividend payout ratio. Round your answer to the nearest cent.

$_______  

3. It uses a pure residual policy with all distributions in the form of dividends (36% of the $7.0 million investment is financed with debt). Round your answer to the nearest cent.

$_______  

4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy. What will the extra dividend be? Round your answer to the nearest cent.

$_______

Alternative Dividend Policies

Boehm Corporation has had stable earnings growth of 7% a year for the past 10 years, and in 2019 Boehm paid dividends of $2 million on net income of $5 million. However, net income is expected to grow by 30% in 2020, and Boehm plans to invest $3.5 million in a plant expansion. This one-time unusual earnings growth won't be maintained, though, and after 2020 Boehm will return to its previous 7% earnings growth rate. Its target debt ratio is 33%. Boehm has 1 million shares of stock.

1. Calculate Boehm's dividend per share for 2020 under each of the following policies:
   1. Its 2020 dividend payment is set to force dividends per share to grow at the long-run growth rate in earnings. Round your answer to the nearest cent.

      $  

   2. It continues the 2019 dividend payout ratio. Round your answer to the nearest cent.

      $  

   3. It uses a pure residual policy with all distributions in the form of dividends (33% of the $3.5 million investment is financed with debt). Round your answer to the nearest cent.

      $  

   4. It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy. What will the extra dividend be? Round your answer to the nearest cent.

      $  

Introduction - AdCreate's Client Portfolio. Read the overview below and complete the activities that follow.

AdCreate is a full-service advertising agency with several high profile marketing firms as clients. Given their vast client list and the varied services they provide to different clients, they are compensated differently by different clients. Jacob Stein, who recently joined AdCreate in the finance department, was asked to review the various compensation models being used by some of AdCreate's biggest clients.

CONCEPT REVIEW: The type and amount of services an ad agency performs vary from one client to another. As a result, agencies use a variety of methods to get paid for their services. Agencies are typically compensated in three ways: commissions, some type of fee arrangement, or percentage charges.

Case Analysis

Agency Compensation Methods:

Read the report below, which provides a summary of AdCreate's compensation agreements with four of its major clients, and answer the questions that follow. NOTE: There may be more than one answer to each question. You MUST list all potential answers for full marks.

AdCreate has a negotiated commission system agreement with Worry Free Financial. Worry FreeFinancial advertises on T.V. mainly and has the following sliding scale for media commissions in its agreement with AdCreate: 15% commission for media expenditures of less than $ 300,000, 12.5%commission for media expenditures between $ 300,000 and $ 400,000 and 10% commission for media expenditures above $ 500,000.

AdCreate has a cost-plus agreement with Still Water Furnishings. Under the cost-plus terms, AdCreate uses a mark up of 13% for services provided to Still Water Furnishings.

With Anchor Motors, AdCreate has an incentive-based agreement. Under the terms of this agreement, AdCreate gets to keep the full 15% commission from media if Anchor Motor's sales for the period of advertising show an increase of 5% or greater compared to sales in the same period the previous year. For sales increase between 3% and 5%, AdCreate gets to keep 13% out of the 15% media commission. Finally, for sales increase between 1% and 3%, AdCreate gets to keep 10% out of the 15% media commission.

AdCreate has a percentage charges agreement with Globe Travel Adventures. Under these terms, AdCreate charges a mark up of 17.65% on services from outside providers like printers, photographers, etc.

Please explain your answers, and why you chose that specific answer over others.

Question 1.

AdCreate has negotiated a rate of 12.5% for a commission system payment, with Worry Free Financial for a campaign in 2010. AdCreate arranged for airing three ads, during Newshour on CNN, in the first week of the launch campaign. AdCreate's income for these three ads in the first week was $49,375. Based on this information, which of the following is true?

• I. The client (Worry Free Financial) paid AdCreate $425,625 for the three ads

• II. AdCreate paid CNN $425,625 for the three ads

• III. AdCreate paid CNN $345,625 for the three ads

Question 2.

Under the cost-plus agreement that AdCreate has with its client Still Water Furnishings, Jacob Stein noticed that AdCreate incurred costs of $625,000 for a print and direct mail campaign during 2010. Under the cost-plus terms, AdCreate used a mark up of 13% for services provided to Still Water Furnishings. Based on this information, which of the following is true?

• a. The client (Still Water Furnishings) paid AdCreate $706,250 in 2010

• b. AdCreate's income from the Still Water Furnishings account in 2010 was $81,250

• c. The client (Still Water Furnishings) paid AdCreate $700,000 in 2010

Question 3.

In reviewing the incentive-based agreement between AdCreate and Anchor Motors, Jacob Stein found that sales of Anchor rose 5.2% compared to the previous year in the second quarter. AdCreate paid the media $895,000 for Anchor Motors ads during the same period. Based on this information, which of the following is true for the second quarter billings?

• a. AdCreate billed Anchor Motors $1,152,941 for the second quarter in 2010

• b. AdCreate's income from the Anchor Motors account for the second quarter of 2010    

       was $257,941

• c. AdCreate billed Anchor Motors $1,052,941 for the second quarter in 201

Question 4.

In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales of Anchor rose 2.8% compared to the previous year in the third quarter. AdCreate paid the media $450,000 for Anchor Motors ads during the same period. Based on this information, which of the following is true for the third quarter billings?

• 1. AdCreate billed Anchor Motors $502,941 for the third quarter in 2010

  2. AdCreate's income from the Anchor Motors account for the third quarter of 2010 was $79,412

• 3. AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

• Question 5.

In reviewing the percentage charges agreement between AdCreate and Globe Travel Adventures, Jacob Stein found that AdCreate paid a printing firm $220,000 for a direct mail brochure for Globe Travel Adventures in 2010. Based on this information, which of the following is true?

• 1. AdCreate's income from Globe Travel Adventures in 2010 was $28,830

• 2. The mark up of 17.65% of the cost amounts to a 15% commission

3. AdCreate billed Anchor Motors $258,830 in 2010

(20.44) Cola makers test new recipes for loss of sweetness during storage. Trained tasters rate the sweetness before and after storage. Here are the sweetness losses ( sweetness before storage minus sweetness after storage) found by 10 tasters for one new cola recipe:

2 0.3 0.6 2.1 -0.4 2.2 -1.3 1.2 1.1 2.2

Take the data from these 10 carefully trained tasters as an SRS from a large population of all trained tasters. Is there evidence at the 5% level that the cola lost sweetness? If the cola has not lost sweetness, the ratings after should be the same as before it was stored.

The test statisic is t = ___ (±0.001)

No Yes .

There is evidence that cytotoxic T lymphocytes (T cells) participate in controlling tumor growth and that they can be harnessed to use the body's immune system to treat cancer. One study investigated the use of a T cell-engaging antibody, blinatumomab, to recruit T cells to control tumor growth. The data below are T cell counts (1000 per microliter) at baseline (beginning of the study) and after 20 days on blinatumomab for 6 subjects in the study. The difference (after 20 days minus baseline) is the response variable.

Baseline 0.04 0.02 0 0.02 0.31 0.29

After 20 days 0.18 0.27 1.2 0.05 1.02 0.34

Difference 0.14 0.25 1.2 0.03 0.71 0.05

Do the data give evidence at the 4 % level that the mean count of T cells is higher after 20 days on blinatumomab? The test statistic is

t =____ (±0.001)

Yes No

can you please show how to get the T on a TI-84.

15 patients have been examined after intake for Glucose levels of a drug. If mean difference= 2.55 and standard deviation difference= 2.8 of glucose level, was observed between before and after intake of this drug.

Does that prove the new drug is effective in the treatment of diabetes at 95% CL? please explain

1. A toy car of mass 2.0 kg moving to the right with a speed of 8.0 m/s collides perfectly inelastically with another toy car of mass 3.0 kg that is moving to the left with a speed of 2.0 m/s. Find the magnitude and the direction of the velocity of the system Immediately after the collision.

2. In an elastic collision of two objects,

a. momentum is not conserved.

b. momentum is conserved, and the kinetic energy after the collision is less than its value before the collision.

c. momentum is conserved, and the kinetic energy after the collision is the same as the kinetic energy before the collision

d. the kinetic energy of the system after the collision depends on the masses of the objects

3. Object 1 has more kinetic energy than Object 2. How do the magnitudes of their momenta compare?

a. P1=P2

b. P1>P2

c. p1 ≥ p2

d. not enough information given to tell

Lear, Inc. has $1,350,000 in current assets, $570,000 of which are considered permanent current assets. In addition, the firm has $820,000 invested in capital assets.

a. Lear wishes to finance all capital assets and half of its permanent current assets with long-term financing costing 10 percent. Short-term financing currently costs 5 percent. Lear’s earnings before interest and taxes are $420,000. Determine Lear’s earnings after taxes under this financing plan. The tax rate is 30 percent.   

Earnings after taxes            $

b. As an alternative, Lear might wish to finance all capital assets and permanent current assets plus half of its temporary current assets with long-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $420,000. What will be Lear’s earnings after taxes? The tax rate is 30 percent.

Earnings after taxes            $

c. Not available in Connect.