Questions
Imaging Inc., a developer of radiology equipment, has Shares of ownership of a corporation.stock outstanding as...

Imaging Inc., a developer of radiology equipment, has Shares of ownership of a corporation.stock outstanding as follows: 17,000 shares of cumulative preferred 3% stock, $110 The monetary amount printed on a stock certificate.par, and 57,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $37,570; second year, $84,630; third year, $105,900; fourth year, $131,910.Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".

1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share) $ $ $ $
Common stock (dividend per share) $ $ $ $

In: Accounting

The sch of technology, art, and design STAD is considering buying a package machine for its...

The sch of technology, art, and design STAD is considering buying a package machine for its Engineering Technology program. it is expected that this machine will generate a revenue for the school through several projects and partnership with local companies. it is estimated that the net profit in the first year will be $75000 and decreasing at the rate of $10000 for the next five years after that profit stays constant at $7000 until the end of its time life (10 years). if interest rate is 10%, determine the amount of money that the STAD can invest on this machine.
assume there is no salvage value of the machine.
b)determine the equivalent annual for the following cash flow:
year 0-------0
year 1-------$200,000
year 2-------$180,000
year 3-------$160,000
year 4-------$140,000
year 5-------$120,000
year 6-------$100,000
year 7-------$80,000
year8-------$60,000

In: Accounting

Cordeio, Inc. is a controlled foreign corporation (CFC) for the entire tax year. Yancy Company, a...

Cordeio, Inc. is a controlled foreign corporation (CFC) for the entire tax year. Yancy Company, a U.S. corporation, owns 70% of Cordeio's one class of stock for the entire year. Subpart F income is $470,000, and no distributions have been made during the year. Both entities use the calendar tax year.

Assume a 365-day year and not a leap year. Round any division to six decimal places and use in subsequent computations. Round your final answers to the nearest dollar.

a. What amount does Yancy include in gross income as a constructive dividend for the tax year?
$

b. Assume that Cordeio is a CFC until March 1 of the calendar tax year. What amount does Yancy include in gross income as a constructive dividend for the tax year?
$

In: Accounting

Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 15,000...

Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 15,000 shares of cumulative preferred 1% stock, $120 par, and 50,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $12,000; second year, $34,000; third year, $46,200; fourth year, $76,500. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) $ $ $ $ Common stock (dividend per share) $ $ $ $

In: Accounting

You need a particular piece of equipment for your production process. An​ equipment-leasing company has offered...

You need a particular piece of equipment for your production process. An​ equipment-leasing company has offered to lease the equipment to you for $ 10,000 per year if you sign a guaranteed 5​-year lease​ (the lease is paid at the end of each​ year). The company would also maintain the equipment for you as part of the lease.​ Alternatively, you could buy and maintain the equipment yourself. The cash flows from doing so are listed below​ (the equipment has an economic life of 5 ​years). If your discount rate is 7.1 %​, what should you​ do?

year 0 year 1 year 2 year 3 year 4 year 5
-39,200 -2,100 -2,100 -2,100 -2,100 -2,100

The net present value of the leasing alternative is ​$ nothing. ​(Round to the nearest​ dollar.)

In: Finance

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,600...

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,600 shares of cumulative preferred 3% stock, $15 par, and 398,300 shares of $23 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $56,900 ; second year, $77,100 ; third year, $80,900 ; fourth year, $99,500 . Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ 0.45 $ 0.45 $ 0.45 $ 0.45 Common stock (dividends per share) $ $ $ $

In: Accounting

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700...

Dividends Per Share

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 3% stock, $15 par, and 400,000 shares of $24 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $57,000 ; second year, $77,200 ; third year, $80,900 ; fourth year, $100,600 .

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".

1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividends per share) $ $ $ $
Common stock (dividends per share) $ $ $ $

In: Accounting

Suppose that a 1 year zero coupon bond with a face of $100 sells at $94.34....

Suppose that a 1 year zero coupon bond with a face of $100 sells at $94.34. While a zero 2 year sells at $84.99. You are considering the purchase of a 2 year maturity bond making annual coupon payments. The face value of the bond is $100 and the coupon rate is 12% per year.

1. What is the yield to maturity of the 2 year zero?

2. What is the yield to maturity of the 2 year coupon bond?

3. What is the forward rate for the second year?

4. According to he expectations hypothesis what are (1) the expected price of the coupon bond at the end of the first year and (2) the expected holding period return on the coupon bond over the first year?

5. Will the expected rate of return be higher or lower if you accept the liquidity preference hypothesis?

In: Finance

A small company heats its building and spends ​$8,400 per year on natural gas for this...

A small company heats its building and spends ​$8,400 per year on natural gas for this purpose. Cost increases of natural gas are expected to be 8​% per year starting one year from now​ (i.e., the first cash flow is ​$9,072 at EOY​ one). Their maintenance on the gas furnace is ​$345per​ year, and this expense is expected to increase by 12​% per year starting one year from now​ (i.e., the first cash flow for this expense is ​$386.4 at the EOY​ one). If the planning horizon is 14 ​years, what is the total annual equivalent expense for operating and maintaining the​ furnace? The interest rate is 15​% per year.

discrete compounding when iequals=8​% per year.

discrete compounding when iequals=12

discrete compounding when iequals=15​% per year.

In: Finance

Walsh Company manufactures and sells one product. The following information pertains to each of the company’s...

Walsh Company manufactures and sells one product. The following information pertains to each of the company’s first two years of operations:

Variable costs per unit:
Manufacturing:
Direct materials $ 20
Direct labor $ 13
Variable manufacturing overhead $ 4
Variable selling and administrative $ 3
Fixed costs per year:
Fixed manufacturing overhead $ 320,000
Fixed selling and administrative expenses $ 70,000

During its first year of operations, Walsh produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50,000 units. The selling price of the company’s product is $83 per unit.

Required:

1. Assume the company uses variable costing:

a. Compute the unit product cost for Year 1 and Year 2.

b. Prepare an income statement for Year 1 and Year 2.

2. Assume the company uses absorption costing:

a. Compute the unit product cost for Year 1 and Year 2.

b. Prepare an income statement for Year 1 and Year 2.

3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1.

In: Accounting