QUESTION 1: True or False
A) Changes in the stock price and the number of shares available will evoke changes in the “market cap.”
True
False
B) After an IPO, the value of a company’s securities is set by the market through the laws of supply and demand
True
False
C) An example of direct financing is when a company raises funds from commercial banks, insurance companies, pension funds, and venture capital firms.
True
False
D) The concept of “currency for acquisition” refers the shares of a company being used to acquire other companies.
True
False
E) Remaining private can reduce the legal and regulatory requirements for a company.
True
False
In: Finance
Over the long-term (years), the physical changes to the heart and the reflexes may not be able to compensate for the aortic valve stenosis and the left ventricular cardiac output will decrease. This will lead to the accumulation of blood in the pulmonary circuit and in the system circuit veins. Describe what you predict would happen at the pulmonary capillaries and capillaries in the lower extremities in the systemic circuit. (Be sure to include all of the relevant variables for the capillaries and which ones are changed in this situation).
In: Anatomy and Physiology
Present the changes (such as change in price, consumer surplus, etc.) in a market when the government imposes a per unit tax in that market. Beside an explanation, your answer should be supported by a graphical representation. Give couple of reasons why you would impose such tax by using some of real life examples.
In: Economics
In: Economics
Which environmental changes shape the opportunities and challenges facing organisations in kenya?
In: Economics
A production company has observed that there are changes in revenue every time it tries to manipulate the price. The concerns of management were brought to your attention needing your expertise advice on how price influences quantity and subsequently revenue. The market survey revealed that the quantity demanded of the product follows a Cobb-Douglas function as presented below:
Q"dx"= αP"x^β"+ε^u ........... of the form Q=AL^αK^β (Cobb Douglas production fuction)
Where Qdx is the quantity demanded of commodity X and Px is the price of commodity X. Further, the company observed that from January to October, the Quantity demanded at a given price level was given as in the table below.
| Month | Jan | Feb | Mar | April | May | Jun | Jul | Aug | Sep | Oct |
| Qty | 583 | 580 | 618 | 695 | 724 | 812 | 887 | 991 | 1186 | 1940 |
| Price | 61 | 54 | 50 | 43 | 38 | 36 | 28 | 23 | 19 | 10 |
As the only company’s economist, management has asked you help them to be able to predict and forecast the sales
a). Estimate the model and interpret the results (15Mks)
b). calculate the price elasticity of demand for this model (5Mks)
c). How much variations in quantity demanded are accounted for by the variations in the price of the commodity (5Mks)
In: Economics
In: Anatomy and Physiology
What is an example of how an international company (such as Unilever or Mondelez International) changes its distribution channels and/or marketing messages based on country?
In: Economics
The net changes in the balance sheet accounts of Eusey,
Inc. for the year 2018 are shown below:
| Account | Debit | Credit | ||
| Cash | $ 85,800 | |||
| Accounts receivable | $ 38,600 | |||
| Allowance for doubtful accounts | 10,900 | |||
| Inventory | 197,200 | |||
| Prepaid expenses | 19,500 | |||
| Long-term investments | 144,700 | |||
| Land | 381,000 | |||
| Buildings | 649,500 | |||
| Machinery | 100,000 | |||
| Equipment | 28,100 | |||
| Accumulated depreciation: | ||||
| Buildings | 25,100 | |||
| Machinery | 20,800 | |||
| Equipment | 12,700 | |||
| Accounts payable | 191,000 | |||
| Accrued liabilities | 72,500 | |||
| Dividends payable | 128,000 | |||
| Premium on bonds | 36,000 | |||
| Bonds payable | 900,000 | |||
| Preferred stock ($50 par) | 60,000 | |||
| Common stock ($510 par) | 156,000 | |||
| Additional paid-in capital—common | 223,200 | |||
| Retained earnings | 87,200 | |||
| $1,783,900 | $1,783,900 |
| Additional information: | |||||||
| 1. | Net income | $140,000 | |||||
| 2. | Cash dividends of $128,000 were declared December 15, 2018, payable January 15, 2019. A 5% stock dividend was issued March 31, 2018, when the market value was $22.00 per share. | ||||||
| 3. | The long-term investments were sold for $140,000. | ||||||
| 4. | A building and land which cost $480,000 and had a book value of $350,000 were sold for $400,000. The cost of the land, included in the cost and book value above, was $20,000. | ||||||
| 5. | The following entry was made to record an exchange of an old machine for a new one: | ||||||
| Machinery | 160,000 | ||||||
| Accumulated Depreciation—Machinery | 40,000 | ||||||
| Machinery | 60,000 | ||||||
| Cash | 140,000 | ||||||
| 6. | A fully depreciated copier machine which cost $28,000 was written off. | ||||||
| 7. | Preferred stock of $60,000 par value was redeemed for $80,000. | ||||||
| 8. | The company sold 12,000 shares of its common stock ($10 par) on June 15, 2018 for $25 a share. There were 87,600 shares outstanding on December 31, 2018. | ||||||
| 9. | Bonds were sold at 104 on December 31, 2018. | ||||||
| 10. | Land that was condemned had a book value of $241,500. Proceeds received totaled $108,000. | ||||||
Prepare a statement of cash flows (indirect method). Ignore tax
effects. (Show amounts that decrease cash flow with
either a - sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
|
Eusey, Inc. |
||
In: Accounting
Describe the changes to the balance sheet, income statement, and statement of cash flows for the following transactions:
a. billing a client for a completed construction project
b. pay invoices for building materials
c. labor charged to a job
d. paying employees wages
e. signing a construction or development loan
In: Accounting