In: Accounting
ebit and leverage ghost inc., has no debt oustanding and a total
market value of $185,000 Earnings before interest and taxes, EBIT
are projected to be $29000 if economic conditions are normal. If
there is strong expansion in the economy, then EBIT will be 30
percent higher. If there is a recession , then EBIT will be 40
percent lower. The company is considering a $65000 debt issue with
an interest rate of 7 percent. The proceeds will be used to
repurchase shares of stock . There are currently 7400 shares
outstanding. Ignore taxes for this problem.
a) Calculate earnings per share (EPS) under each of the three
economic scenarious before any debt is issued
b) Calculate the percentage changes in EPS when the ecnonomy
expands or enters a recession
c) Repeat part (a) assuming that the company goes through with
recapitalization. What do you observe?
Please do not not do in excel or word. Show full formula.
In: Accounting
ASC 810 describes the operation and reporting of a variable interest entity (VIE) in regards to consolidation, liability, and recognition. Research the accounting treatment and standards of a VIE in relation to U.S. accounting standards and IFRS accounting standards. Answer BOTH of the following questions with regards to US GAAP and IFRS. Does a U.S. parent entity need to report and consolidate a VIE when the parent has very little control? How do the expected losses for a VIE impact the reporting process?
Requirements:
Answer each question for this Critical Thinking Assignment option. It is recommended that you copy and paste each question into your paper (in Microsoft Word) for submission in bold letters, then show work and answer under each question so you can ensure you answer every question.
Remember to maintain a formal tone and cite at least two scholarly sources to support your analysis
In: Accounting
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You are a small feedlot owner. You have 250 steers that you are feeding that you expect to slaughter in late November. They should weigh 1250 pounds at slaughter. You want to hedge about half of these steers. Create a trade for the Chicago Mercantile Exchange in a word document. Include the date, contract size, and long or short. (Hint: the Live Cattle contract is for slaughter cattle and each contract is 40,000 lbs.)
You have enough corn on hand to feed these steers. However, after you sell them in November, you will be buying more calves to feed and you need to buy corn for them. You want to protect against possibly higher corn prices by executing a long hedge. (Assume you need 15,000 bushel of corn, three contracts.) Do the same for this contract, date, size and long or short, in the same document.
In: Finance
In: Accounting
Review the four financial statements discussed in Chapter 1. Then answer the following questions in your initial response:
Word Count: 175- to 265-words. Use your own thoughts, experience and viewpoint of the readings. Do not copy from the internet.
APA Formatting: Use citations where appropriate and list references. All citations and references, if used, must be in APA format. Only 15% of the content can be source material. If you write in your own words, only the reference is required.
In: Accounting
Pick one of the following scenarios: 1.A 4-year-old child constantly refuses to eat the dinner that is provided. 2.A 9-year-old child constantly talks back to authority figures, particularly her parents. 3.A 7-year-old child constantly refuses to get out of bed in the morning and get ready for the day. In a 750-1,000-word essay, do the following: 1.Explain how each of the four major parenting styles would respond to the scenario you chose. 2.Describe how each of the parenting styles might affect the cognitive and socioemotional development of the child in the chosen scenario. 3.Discuss how each of the parenting styles might affect the relationship of the parent and child. 4.Use at least three to four scholarly sources to support your claims; the textbook may be used as a source.
In: Psychology
As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from five to 10 additional personnel. How would you estimate the additional dollar cost of each additional salesperson? Based on your company’s past sales experience, how would you estimate the expected net revenue generated by an additional salesperson? (Be specific about the information you might use to derive this estimate.) How would you use these cost and revenue estimates to determine whether a sales force increase (or possibly a decrease) is warranted? Complete this essay in a Microsoft Word document, APA formatted and then submit it by midnight, Day 7. Your assignment should be about two pages, double spaced.
In: Economics
What does it mean to lead a meaningful life? Consider the following hypothetical scenario: suppose someone (a genie, or whatever) had the power to transform you into a person who would spend the rest of your life perfectly happy, but the catch is that you would also have to spend the rest of your life doing something completely pointless, like counting blades of grass, or something grotesque (like in Wielenberg's example). You will be transformed into a person who really enjoys doing the pointless or grotesque activity. Would you accept this "gift"? Or would you rather choose to continue living your normal life - where you can choose to engage in a variety of activities which are more purposeful, but with no guarantee of success or happiness? In other words, what ultimately matters for a meaningful life? Is it just happiness, or something more? at least 250 word
In: Psychology
Resource: the Equal Employment Opportunity Commission (EEOC) website
Explore the EEOC website to learn about the organization.
Click the About the EEOC link and select Newsroom. Select a press release about an employee lawsuit published within the last six months.
Search the Internet to find at least one news item about this lawsuit, preferably from a news source in the state in which the incident occurred.
Write a 1,050- to 1,400-word paper that includes the following:
In: Economics