1. Michael's Mechanical sells 6,000 jettison machines annually. Each machine costs Michael's $2000 to purchase, inventory carrying costs are 30% of the purchase price, and the cost of placing an order with its supplier is $120. (a) What is the EOQ? (b) What is the total inventory cost at the EOQ?

1.

What is the yield to maturity on the following bonds; all have a maturity of 10 years, a face value of 2000, and a coupon rate of 4 percent (paid semiannually). The bond's current prices are:

a. $1,180

b. $ 2,400

c. Explain the relationship between yield to maturity and bond prices.

In an Approx. 2000 word Essay ,Discuss how organisational narrative impact upon organisational performance in the context of change management due to globalization? Please draw upon communication theory and use examples to support your claims.

Consider any 5-6 Academic literatures for reference

In 2018, Usher Sports Shop had cash flows from investing activities of $420,000 and cash flows from financing activities of −$464,000. The balance in the firm’s cash account was $627,000 at the beginning of 2018 and $604,000 at the end of the year.

Calculate Usher Sports Shop’s cash flow from operations for 2018. (Amounts to be deducted should be indicated by a minus sign.)

Protrade Corporation acquired 80 percent of the outstanding voting stock of Seacraft Company on January 1, 2017, for $488,000 in cash and other consideration. At the acquisition date, Protrade assessed Seacraft's identifiable assets and liabilities at a collective net fair value of $735,000 and the fair value of the 20 percent noncontrolling interest was $122,000. No excess fair value over book value amortization accompanied the acquisition.

The following selected account balances are from the individual financial records of these two companies as of December 31, 2018:

Each of the following problems is an independent situation:

• Assume that Protrade sells Seacraft inventory at a markup equal to 40 percent of cost. Intra-entity transfers were $111,000 in 2017 and $131,000 in 2018. Of this inventory, Seacraft retained and then sold $49,000 of the 2017 transfers in 2018 and held $63,000 of the 2018 transfers until 2019.
  Determine balances for the following items that would appear on consolidated financial statements for 2018:
• Assume that Seacraft sells inventory to Protrade at a markup equal to 40 percent of cost. Intra-entity transfers were $71,000 in 2017 and $101,000 in 2018. Of this inventory, $42,000 of the 2017 transfers were retained and then sold by Protrade in 2018, whereas $56,000 of the 2018 transfers were held until 2019.
  Determine balances for the following items that would appear on consolidated financial statements for 2018:
• Protrade sells Seacraft a building on January 1, 2017, for $122,000, although its book value was only $71,000 on this date. The building had a five-year remaining life and was to be depreciated using the straight-line method with no salvage value.
  Determine balances for the following items that would appear on consolidated financial statements for 2018:

• Determine balances for the following items that would appear on consolidated financial statements for 2018:

• Determine balances for the following items that would appear on consolidated financial statements for 2018:

Presented below is an amortization schedule related to Stock Company’s 5-year, $200,000 bond with a 7% stated interest rate and a 5% market interest rate yield, purchased on December 31, 2017, for $217,320. The interest is paid each December 31, and the investor receives the first interest payment on Dec 31, 2018.

The following schedule presents the fair value of the bonds at year-end.

Required:

1. Prepare the journal entries related to bonds for 2017 and 2018 assuming the bonds are classified as financial assets at amortized cost.

2. Prepare the journal entries related to the fair value adjustment for the bonds on 31 December 2019 assuming these bonds are classified as financial assets at fair value through profit or loss (FVTPL).

3. Prepare the journal entries related to the fair value adjustment for 2018 and sale of bonds for 2019 assuming these bonds are classified as financial assets at fair value through other comprehensive income (FVTOCI). The bonds are sold at the fair value on 31 December 2019.

Part B:

Task Ltd. has the following transactions in purchasing and selling the ordinary shares of Sugar Company:

15. Jul. 2018          Purchased 12,000 shares of Sugar Company @ $100 per share.

31. Dec. 2018         The fair value of the ordinary shares of Sugar Company is $160 per share.

15. Jan. 2019         Sold the 4,000 ordinary shares of Sugar Company @ $150 per share.

Required:

Task Ltd. classifies the investment in the ordinary shares of Sugar Company as financial assets at fair value through other comprehensive income in accordance with HKFRS 9. Prepare journal entries for Task Ltd. to record the above transactions for 2018 and 2019.

Part C:

On 1 January 2018, Wet Co. acquired a loan investment of $1,600,000 with interest payable annual at 8%. The investment is measured at amortised cost.

At 1 January 2018, there is a 5% probability that the borrower will default on the loan during 2018 resulting in a 100% loss.

At 31 December 2018 there is 3% probability that the borrower will default on the loan before 31 December 2019 resulting in a 100% loss. There is no significant increase in the borrower’s credit risk during 2018.

Required:

In accordance with HKFRS 9, what impairment loss is recognised at initial recognition and on 31 December 2018?

What is the company’s Free Cash Flow (FCF)? Use the information to answer the following questions.

XXX, Inc.

Balance Sheet

XXX, Inc.

Income Statement

What is the 2008 Net Operating Working Capital? What is the 2007 NOWC?

Select one:

a. 2350; 1200

b. 4350; 2700

c. 6660; 4200

d. 1150; 700

e. 5550; 3200

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Continued from previous question. What is the 2008 Free Cash Flow?

Select one:

a. +1990

b. -1990

c. -1590

d. +1590

e. -2400

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Continued from previous question. What is the 2008 total invested capital? What is the 2007 TIC?

Select one:

a. 12210; 8500

b. 9550; 6700

c. 10150; 7000

d. 11350; 7500

e. 8350; 6200

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Continued from previous question. Assume the after-tax cost of capital is 10%. What is the 2008 EVA?

Select one:

a. +1680

b. + 725

c. +1125

d. -1125

e. - 725

Estimate a linear time trend for the Netflix data using data for the period 2000Q1 ... Estimate a linear time trend for the Netflix data using data for the period 2000Q1 to 2008Q4. a. Carry out a preliminary analysis of the data including a line fit plot and interpret your results. b. Test whether the slope is significantly different from zero, using alpha = 0.05. c. Compute S and R2 and interpret the results. d. Compute point forecasts for sales in each quarter of 2009. e. Comment upon your results. Note: you can use Regression under the Data Analysis tool in Microsoft Excel.