Vermillion 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:

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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 palces, e.g. 2.25 and final answers to 0 decimal places.)

Transaction entries:

Closing entries:

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List of Accounts

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Open T accounts and post to the shareholders’ equity accounts. (Record entries in the order presented in the problem.)

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List of Accounts

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Prepare the shareholders’ equity section of the statement of financial position at December 31. (Enter account name only and do not provide descriptive information.)

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:

• Think about how you would present return on equity (ROE) and earnings per share (EPS) to a group of investors or senior management.
• Explain the use of ROE and EPS in evaluating the value of a company. Include how to calculate ROE and EPS.
• Why is understanding ROE and EPS important to a company’s value?
• Share an example of a company whose ROE and EPS you calculated. What do these results say about the company?

You are the CFO of a publicly-traded company in a very competitive industry. You are preparing the annual report and SEC filings and you are carefully considering how much information to provide. You fear that your competitors could gain some advantage if you present too much detail but you know that investors want more detail so they can evaluate the business (and management) performance. How do you handle these conflicting elements?

Your assignment will be about a publicly traded company in UAE that you admire.

Required :

1. Write about at least 1 example that shows what you consider to be a good ethical decision this company has made in the past or is in the process of making/considering today. Make sure to tell why they made this decision (What prompted them to make it? What do they hope to achieve by making it? Etc). Also, make sure to tell why you consider this a good ethical decision.

2. Write about at least 1 example that shows what you consider to be a poor ethical decision this company made in the past or is in the process of making/considering today. Make sure to tell why they made this decision (What prompted them to make it? What do they hope to achieve by making it? Etc). Also, make sure to tell why you consider this a poor ethical decision.

3. Write about their marketing and distribution strategies. Please provide examples to support your statements.

4. Write about their operations. Again, provide examples to support your statements.

Note : the Answers should be computerized ( written in word format ) and in details - please do not copy and paste

Marcosoft Inc. is a publicly traded company that operates in the software and entertainment business, deriving 60% of its value from software and 40% from entertainment. You have collected the following information on comparable firms:

Macrosoft has 60 million shares outstanding, trading at $10/share and $180 million in 10-year corporate bonds (with a coupon rate of 4%) outstanding, trading at par. The company also has lease commitments of $40 million a year for the next 6 years and a marginal tax rate of 40%.

1. Estimate the current debt to equity ratio (in market value terms) for Macrosoft (make sure to capitalise the lease commitments)
2. Estimate the levered beta for the company
3. Estimate the current cost of equity for the company if risk free rate (Rf) is 2% and the market risk premium (Rm – Rf) is 5.8%
4. Finally, compute the cost of capital for the company

Compute and Interpret Z-score

Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements.

As of December 31, there were the approximate shares outstanding:
2005 - 434,264,432
2004 - 440,445,630

As of December 31, the company's stock closed at the following values:
2005 - $63.63
2004 - $55.55

(a) Compute and compare the Altman Z-scores for both years. (Do not round until your final answer; then round your answers to two decimal places.)
2005 z-score = Answer
2004 z-score = Answer

Which of the following explain the trend in the Z-scores from 2004 to 2005? (Select all that apply.)
Answeryesno The market value of Lockheed's equity improved somewhat over the year.
Answeryesno Lockheed decreased its liquidity due to an increase in retained earnings.
Answeryesno Lockheed improved its short-term liquidity by increasing cash.
Answeryesno Lcokheed improved its long-term liquidity by decreasing total liabilities.

(b) Which of the following statements best describes the company's Altman Z-scores?

The Altman Z-scores have increased from 2004 to 2005 which indicates the company's bankruptcy risk has decreased. YES? OR NO

Both the Altman Z-scores are above 3.00 which indicate the company has a very low probability of bankruptcy. YES? OR NO

Both the Altman Z-scores are below 1.80 which indicate the company has a very high probability of bankruptcy. YES? OR NO

The Altman Z-scores have decreased from 2004 to 2005 which indicates the company's bankruptcy risk has increased. YES? OR NO

Choose your favorite publicly-traded company other than Facebook that we did in class. Then, do the following: 1) Calculate its beta using three-year historical prices 2) Calculate its re (cost of equity) 3) Calculate its rd (cost of debt) 4) Find out how much debt is has (see balance sheet and the notes that accompany it) 5) Calculate its market capitalization 6) Using the above information, calculate its WACC Please show all of your computations and submit the Excel file.

Suppose a random sample of 90 U.S. companies taken in 2005 showed that 38 offered high-deductible health insurance plans to their workers. A separate random sample of 110 firms taken in 2006 showed that 59 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of U.S. companies offering high-deductible health insurance plans to their workers in 2006 than in 2005? Conduct your hypothesis test at a 0.01 significance level.

a. State the null and alternate hypotheses

b.What is the level of significance?

c. What is the value of the test statistic?

d. Compute the p-value

e. What is your decision regarding the null hypothesis? Interpret the result.

Question 1

A-Select a publicly traded company, and describe its current distribution policy. (Pick any company you'd like)

B-Describe the procedures the company followed when it made the last distribution through dividend payments or through a stock repurchase.

C- Analyze how the last distribution impacted the company's intrinsic stock price per share.

D- Evaluate the company's current distribution policy, i.e. discuss the advantages and disadvantages of the company's current distribution policy.