Search the Internet or Strayer databases for a publicly traded company that recently filed for bankruptcy protection. Review the most recent financial information for the company and be prepared to discuss. "Financial Risk" Please respond to the following: • Based on the company you researched in the e-Activity, assess the financial “red flags” that would have indicated that the company may be having financial difficulty providing suggestions related to how management should address these problems. Provide support for your rationale. • Evaluate whether or not you are confident that the models used for predicting bankruptcy would have been adequate to predict the invariable bankruptcy of the company you researched. Provide evidence supporting your position
In: Accounting
Search the Internet or Strayer databases for a publicly traded company that recently filed for bankruptcy protection. Review the most recent financial information for the company and be prepared to discuss. "Financial Risk" Please respond to the following: • Based on the company you researched that file for bankruptcy,, assess the financial “red flags” that would have indicated that the company may be having financial difficulty providing suggestions related to how management should address these problems. Provide support for your rationale. • Evaluate whether or not you are confident that the models used for predicting bankruptcy would have been adequate to predict the invariable bankruptcy of the company you researched. Provide evidence supporting your position
In: Accounting
Select a publicly traded company that trades on the New York Stock Exchange (NYSE) or on the NASDAQ to analyze. Please note that it is usually easier to find more recent information on larger or well-known companies. The analysis in your essay should answer the following questions:
1. Why did you choose to analyze this company?
2. What were the opinions of some of your referenced articles on this stock as an investment?
3. Please note that it is best if there is at least some disagreement on this question.Is an investment in the stock a higher or lower risk investment than an investment in other stocks as a whole? Why or why not?
4. How large is the company in relation to its competitors?
5. How fast is the company growing? 6. How profitable is the company?
7. What is the company’s price-to-earnings ratio? What does this tell you about the company?
8. Does it have a dividend? If so, what is the dividend yield?
9. Does the future of the company appear to be promising?
10. On which exchange does the company trade, and what is its ticker symbol?
11. Key Point: Do you recommend or not recommend this company’s stock as an investment for investors that are considering stock investments? Why?
The Writing Assignment is to be 750 – 1,250 words in length. PLEASE DONT COPY PASTE CONTENT. ORIGINALITY PLEASE AND (UPDATED INFORMATION) ON COMPANY PREFERABLY APPLE OR AMAZON BUT IF YOU HAVE A BETTER COMPANY THAT FINE TOO, THANKS IN ADVANCED.
In: Finance
You are a research analyst for a publicly traded company, and you’ve been assigned to give a presentation on how a company uses performance metrics in corporate valuation.
Respond to the following in a minimum of 175 words:
In: Accounting
Booyah is a publicly traded company that sells both computer hardware and services. It has no debt outstanding or cash. In the most recent year, the company reported the following information about its two businesses:
Business Revenues (in $ millions) Enterprise Value/Sales Unlevered Beta
Computer hardware $800 0.7 1.22
Computer services $500 1.9 0.7
The company also provides the breakdown of revenues geographically:
|
Country |
Riskfree rate In local currency |
Equity Risk Premium |
Marginal tax rate |
Total Revenues (in $ millions) |
||
|
United States |
4.00% |
6.00% |
40.00% |
$ 650 |
||
|
China |
5.00% |
8.00% |
25.00% |
$ 650 |
||
A) Estimate the cost of equity in US dollars for Booyah
B) Now assume that Booyah wants to sell just its hardware business in the United States at fair value (based on the EV/Sales ratio for the sector) in the United States, borrow an additional $280 million in the US and invest the total amount in computer services in China. Estimate the cost of equity in US $ for Booyah after the transaction.
In: Finance
Please respond to the following:
-Use the Internet to research a publicly traded company that received an unqualified audit report from external auditors and faced accusations of reporting false or misleading accounting information.
-Discuss the departures from generally accepted accounting principles (GAAP) that you have researched, and give your opinion as to whether or not the Public Company Accounting Oversight Board (PCAOB) should levy sanctions against the CPA firm for issuing the unqualified report.
-Identify the sanctions and section of the report the company should have modified to address departures from GAAP. Support your position.
-Compare the code of professional conduct for CPAs to the code of professional conduct for accountants who are non-CPAs.
-Determine the major ethical issues created by the mergers of public accounting firms with non-CPA firms that perform accounting services. Explain your rationale.
*Original writing only
In: Accounting
Assume that you are the CEO of a small publicly traded company. The company’s stock price has fallen recently, and you believe that the market does not fully understand the company’s potential. You wonder about ways to increase cash flow for the year. At your direction, your CFO provides you with the following recommendations that are designed to increase your cash flow in the current period. Your hope is that these will bring the stock price back up to where you believe it should be.
Evaluate TWO of the CFO’s recommendations. In your evaluation, consider whether each recommendation will increase free cash flow in the short-term and the long-term. Will any of these ideas improve the stock price?
In: Accounting
Part A: Cato Corporation, a publicly traded company, was organized on January 1, 2018. It is authorized to issue an unlimited number of $3 noncumulative preferred shares and an unlimited number of common shares. The following share transactions were completed during the company’s first year of operations:
Jan. 10 Issued 1,000,000 common shares for $2 per share.
Mar. 1 Issued 22,000 preferred shares for $50 per share.
May 1 Issued 250,000 common shares for $3 per share. June 1 Reacquired and retired 9,000 common shares at $2 per share. Determine the average cost of each reacquired share to the nearest cent before recording this transaction.
July 24 Issued 36,700 common shares for $111,000 cash and used equipment. The equipment originally cost $33,000. It now has a carrying amount of $16,500 and a current value of $17,400. The common shares were trading for $4 per share on this date.
Sept. 4 Issued 10,000 common shares for $5 per share.
Nov. 1 Issued 3,800 preferred shares for $50 per share.
20 Reacquired and retired 16,000 common shares at $4 per share. Determine the average cost of each reacquired share to the nearest cent before recording this transaction.
Dec. 14 Declared a $77,000 cash dividend to the preferred shareholders, to shareholders of record on December 31, payable on January 10.
31 Reported net income of $1,320,000 for the year. New attempt is in progress. Some of the new entries may impact the last attempt grading.
Part B:
Your answer is partially correct. Record the above transactions for 2018, including any required entries to close dividends declared and net income. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round average cost per share to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places.)
Transaction entries: Date Account Titles and Explanation Debit Credit
Jan. 10 Cash 2,000,000
Common Shares 2,000,000
Mar. 1 Cash 1,100,000
Preferred Shares 1,100,000
May 1 Cash 750,000
Common Shares 750,000
June 1 Common Shares 22,000
Cash 18,000
Contributed Surplus 4,000
July 24 Cash 111,000
Equipment 16,500
Common Shares 127,500
Sept. 4 Cash 50,000
Common Shares 50,000
Nov. 1 Cash 190,000
Preferred Shares 190,000
Nov. 20 Common Shares 36,160
Contributed Surplus 4,000
Retained Earnings 23,840 Cash 64,000
Dec. 14 Dividends Declared 77,000
Dividends Payable 77,000
Part C:
Closing entries:
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
Dec. 31 |
Retained Earnings | 77,000 | |
| Dividends Declared | 77,000 | ||
|
(To close cash dividends) |
|||
|
Dec. 31 |
Income Summary | 1,320,000 | |
| Retained Earnings | 1,320,000 | ||
| (To close profit) |
Prepare the shareholders’ equity section of the statement of financial position at December 31. (Enter account name only and do not provide descriptive information.)
Shareholders' Equity
Share Capital
Common Shares
Preferred Shares
Total Share Capital
Retained Earnings
Total Shareholders' Equity
In: Accounting
Search the Internet or Strayer databases for a publicly traded company that recently filed for bankruptcy protection. Review the most recent financial information for the company and be prepared to discuss. "Financial Risk" Please respond to the following: • Based on the company you researched in the e-Activity, assess the financial “red flags” that would have indicated that the company may be having financial difficulty providing suggestions related to how management should address these problems. Provide support for your rationale. • Evaluate whether or not you are confident that the models used for predicting bankruptcy would have been adequate to predict the invariable bankruptcy of the company you researched. Provide evidence supporting your position
In: Accounting
To analyze the financial statements of a publicly traded company
Obtain an annual report from a publicly traded corporation that is interesting to you. Be sure the company’s financial statements include deferred taxes, postretirement benefits, dilutive securities, and share-based compensation.
Using techniques you have learned in the previous weeks, respond to the following questions.
PICK ANY COMPANY and obtain a report
In: Accounting