QUESTION 2
Vee Co is planning to acquire Bazlee Co with an exchange ratio to be based on market price. Below are the financial performance for both companies.
|
Vee Co. |
Bazlee Co |
|
|
Net Income |
RM36,000,000 |
RM6,000,000 |
|
Preferred share dividend |
RM2,400,000 |
- |
|
Earnings available to common shareholders |
RM33,600,000 |
RM6,000,000 |
|
Common Share |
RM80,000,000 |
RM20,000,000 |
|
Par Value |
RM5 |
RM1.6 |
|
Market Price per share |
RM60 |
RM36 |
Find the post-merger earnings per share and show the impact of merger in the earnings per share for both companies.
In: Finance
Every quarter, Bronx Co. ships computer chips to a firm in central Asia. It has not used any trade financing because the importing firm always pays its bill in a timely manner upon receipt of the computer chips. However, Bronx Co. was concerned that the foreign government may impose foreign exchange controls. Bronx Co. reconsidered whether it should use some form of trade financing that would ensure that it would be paid for its exports upon delivery. How could Bronx Co. have achieved its goal?
In: Finance
Menthanol, CH3OH, formally know as wood alcohol is manufacutred commercially by the following reaction: CO (g) + 2H2 (g) --> CH3OH (g) a 1.5000 -L vessel was filled with 0.1500 mol CO and 0.3000 mol H2. When this mixture came to equlilbrium at 500K, the vessel contained 0.1187 mol CO. How many coles of each substance were in the vessel?
Part 2. Obtain the vaule of Kc for the following reaction at 500K
CO (g) + 2H2 (g) --> CH3OH (g) Use the data calculated above.
please show work. thanks
In: Chemistry
A mixture of 0.05263 mol of H2O, 0.01327 mol of CH4, 0.07198 mol of CO, and 0.06917 mol of H2 is placed in a 1.0-L steel pressure vessel at 1303 K.
The following equilibrium is established: 1 H2O(g) + 1 CH4(g) 1 CO(g) + 3 H2(g) At equilibrium 0.009871 mol of CH4 is found in the reaction mixture.
(a) Calculate the equilibrium partial pressures of H2O, CH4, CO, and H2.
Peq(H2O) = .
Peq(CH4) = .
Peq(CO) = .
Peq(H2) = .
(b) Calculate KP for this reaction. KP = ?
In: Chemistry
Orange & Co is the motor insurance company established on 1st January 2005. The company is well known and generating positive cash flows for the first 10 years. From the year 2015, the Orange & Co profit was on declining trend. To make different corrective actions, the CEO of a company decided to change the CPA firm. The company hired Purple & co as a new CPA firm. Now suppose you are working in Purple & Co, and your CEO assigned you to perform audit procedures for the client Orange & Co and obtain sufficient audit evidence.
Required:
b. Support each type of audit procedure with relevant example. (10 marks
In: Accounting
Methanol (CH3OH) is made industrially in two steps from CO and H2. It is so cheap to make that it is being considered for use as a precursor to hydrocarbon fuels such as methane (CH4): Step 1. CO(g)+2H2(g)→CH3OH(l) ΔS∘ = -332J/K Step 2. CH3OH(l)→CH4(g)+1/2O2(g) ΔS∘ = 162J/K
a. Calculate an overall ΔG∘ for the formation of CH4 from CO and H2.
b. Calculate an overall ΔH∘ for the formation of CH4 from CO and H2.
c. Calculate an overall ΔS∘ for the formation of CH4 from CO and H2
d. is the overall reaction spontaneous?
e. If you were designing a production facility, would you plan on carrying out the reactions in separate steps or together?
f.
In: Chemistry
Problem 5
a) Suppose that, in a random sample of 40 accounting students who had their second co-op term in W19, the sample mean and hourly wage and standard deviation were $20.10 and $3.15, respectively. Calculate a 95% confidence interval for the mean hourly wage of all accounting students with a second co-op term in W16. Interpret your interval.
b) Suppose that based on historic data accounting students on their first co-op term typically earn an average of $17.84 per hour. Does the data collected in part a) suggest that accounting students in their second co-op earn on average more than those on their first co-op? Perform a hypothesis test at a 10% level of significance to test this. Clearly state your conclusion.
In: Statistics and Probability
E7-14.
(Notes Receivable with Unrealistic Interest Rate)
(LO 4, 6) On December 31, 2020, Ed Abbey Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Abbey Co. agreed to accept a $200,000 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 10%. Abbey is much more creditworthy and has various lines of credit at 6%. (hint: look back in the notes to see whose rate of interest we used for discounting!)
Instructions
(a) Prepare the journal entry to record the transaction of December 31, 2020, for the Ed Abbey Co.
(b) Assuming Ed Abbey Co.'s fiscal year-end is December 31, prepare the journal entry for December 31, 2021.
(c) Assuming Ed Abbey Co.'s fiscal year-end is December 31, prepare the journal entry for December 31, 2022.
In: Accounting
On December 31, 2020, Ed Abbey Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Abbey Co. agreed to accept a $200,000 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 10%. Abbey is much more creditworthy and has various lines of credit at 6%. Instructions a. Prepare the journal entry to record the transaction of December 31, 2020, for the Ed Abbey Co. b. Assuming Ed Abbey Co.’s fiscal year-end is December 31, prepare the journal entry for December 31, 2021. c. Assuming Ed Abbey Co.’s fiscal year-end is December 31, prepare the journal entry for December 31, 2022. *Explained step by step please. How to get PV on calculator and please explain how to get the solution. I am having problems to how to get the PV and why the answer is the way it is.
In: Accounting
Please normalize the following table [example from “Microsoft Office 2010: Advanced (Shelly Cashman Series)]. If you read the textbook carefully, you will be able to normalize this table below. If you properly normalize, you will have two tables as answers.
|
Client Num |
Client Name |
Street |
City |
State |
Current Due |
Recruiter Number |
Last Name |
First Name |
Commission |
|
AC34 |
Alys Clinic |
134 Central |
Berridge |
CO |
$17,500.00 |
21 |
Kerry |
Alyssa |
$17,600.00 |
|
BH72 |
Berls Hospital |
415 Main |
Berls |
CO |
$0.00 |
24 |
Reeves |
Camden |
$19,900.00 |
|
BL12 |
Benton Labs |
12 Mountain |
Denton |
CO |
$38,225.00 |
24 |
Reeves |
Camden |
$19,900.00 |
|
EA45 |
ENT Assoc. |
867 Ridge |
Fort Stewart |
CO |
$12,750.00 |
27 |
Fernandez |
Jaime |
$9,450.00 |
|
FD89 |
Ferb Dentistry |
34 Crestview |
Berridge |
CO |
$12,500.00 |
21 |
Kerry |
Alyssa |
$17,600.00 |
|
FH22 |
Family Health |
123 Second |
Tarleton |
CO |
$0.00 |
24 |
Reeves |
Camden |
$19,900.00 |
In: Computer Science