What has been happening to private investment compared to government spending/investment in recent years?

According to the neoclassical theory of investment how do firms determine their optimal amount of investment spending?

What Should the US do differently to Reduce Federal and State Government Spending? (4 paragraphs)

SFcakes is the supplier of various kinds of cakes to a variety of restaurants and caterers. The company uses a standard costing system. Its standard non-manufacturing overheads are fixed at $10,000 per month. The company has a standard monthly production and sales level of 1,000 units (cakes) and sells its cakes at a standard unit selling price of $70. The standard manufacturing overheads are allocated on the basis of labor hours. The standard input quantities and prices for direct-cost inputs and overheads are as follows:

To understand more about the company’s profitability, the following input usage information for January is gathered to help analyze the situation:

The actual output results for January are as follows:

There are no inventory at the beginning of January. Inventory are valued at standard cost. The company uses absorption costing system. Production volume variance, if any, is written off to cost of goods sold.

For each of the following questions (Sub-question A - J), enter your numeric answer inside the first answer box. Do NOT enter dollar sign or comma or decimal point, if any.

Enter F as favorable or U as unfavorable in the answer box following the numeric answer box for the same question.

Q29-A.    What is sales volume variance?

Q29-B.    What is selling price variance?

Q29-C.    What is direct materials price variance?

Q29-D.    What is direct materials efficiency variance?

Q29-E.     What is direct manufacturing labor price variance?

Q29-F.     What is direct manufacturing labor efficiency variance?

Q29-G.    What is variable manufacturing spending variance?

Q29-H.    What is variable manufacturing efficiency variance?

Q29-I.       What is fixed manufacturing spending variance?

Q29-J.     What is production volume variance?

and Sons Ltd are considering expanding their operations. Several alternative strategies are being discussed for financing this expansion. The latest balance sheet of the company as t 31 December 2015 is as follows: and Sons Ltd Balance sheet at 31 December 2015 K K Non-Current assets Land and buildings 40,000 Plant and equipment 90,000 130,000 Current assets Inventory 50,000 Debtors 40,000 Cash 5,000 95,000 Creditors: amounts falling due within one year 25,000 Net current assets 70,000 Total assets less current liabilities 200,000 Creditors: amounts falling due within one year: 12% loan repayable 2021 90,000 110,000 Share capital and reserves K 8% cumulative preference shares of K1 each 30,000 Ordinary shares of K1 each 50,000 Income statement 30,000 110,000 The board of directors has identified the following possible alternative ways of obtaining the additional K50,000 required during the following year.: (a) Issue additional ordinary shares (b) Issue additional 8 per cent preference shares. (c) Raise an additional long-term loan at 12 per cent. Discuss the company’s existing capital structure in terms of its gearing, and examine the advantages and disadvantages of each alternative method of financing its expansion plan.

Required:

1. Identify how format of the above classified balance sheet provides useful information (1 mark)
2. Identify at least three differences in balance sheet reporting between British and U.S. firms as shown in the above balance sheet. (1.5 mark)
3. Calculate at least three financial ratios by using the information available in the above format of balance sheet (1.5 mark).

Presented below is the classified balance sheet for one of businesses:

Required:

1. Identify how format of the above classified balance sheet provides useful information.
2. Identify at least three differences in balance sheet reporting between British and U.S. firms as shown in the above balance sheet. .

3.Calculate at least three financial ratios by using the information available in the above format of balance sheet .

1. If the interest rate is rising and stock prices are simultaneously rising, then according to the fundamental theory of stock pricing

Write a C++ program, falling.cpp, that inputs a distance in meters from the user and computes the amount of time for the object falling from that distance to hit the ground and the velocity of the object just before impact. Air resistance is discounted (assumed to fall in a vacuum).

To compute the time, use the formula: t = Square Root (2d / g)

where d is the distance in meters and g is the acceleration due to gravity on earth (use 9.807 meters/sec2). The time is measured in seconds.

To compute the velocity, use the formula:
v = Square Root (2dg)
The velocity is measured in meters per second.

You are required to write the following functions:

// Computes the amount of time for an object to fall to the // ground given the distance to fall as a parameter. The // time is returned (computeTime does not print anything). double computeTime (double distance);

// Computes the final velocity of an object falling to the // ground given the distance to fall as a parameter. The // velocity is returned (computeVelocity does not print // anything).

double computeVelocity (double distance);

// print prints its three parameters with labels.
// Print does not return a value.
void print (double distance, double time, double velocity);

Sample run:

Enter the distance: 100

Distance: 100.00 meters Time: 4.52 seconds
Velocity: 44.29 meters/second

Double values should be printed with two digits after the decimal.

Fraud investigators found that 70 percent of the nearly $160 million in sales booked by an Asian subsidiary of a European company between September 2006 and June 2007 were fictitious. In an effort to earn rich bonuses tied to sales targets, the Asian subsidiary’s managers used highly sophisticated schemes to fool auditors. One especially egregious method involved funneling bank loans through third parties to make it look as though customers had paid, when in fact they hadn’t.

In a lawsuit filed by the company’s auditors, it was alleged that former executives “deliberately” provided “false or incomplete information” to the auditors and conspired to obstruct the firm’s audits. To fool the auditors, the subsidiary used two types of schemes. The first involved factoring unpaid receivables to banks to obtain cash up front. Side letters that were concealed from the auditors gave the banks the right to take the money back if they couldn’t collect from the company’s customers. Hence, the factoring agreements amounted to little more than loans.

The second, more creative, scheme was used after the auditors questioned why the company wasn’t collecting more of its overdue bills from customers. It turns out that the subsidiary told many customers to transfer their contracts to third parties. The third parties then took out bank loans, for which the company provided collateral, and then “paid” the overdue bills to the company using the borrowed money. The result was that the company was paying itself. When the contracts were later canceled, the company paid “penalties” to the customers and the third parties to compensate them “for the inconvenience of dealing with the auditors.”

The investigators also found that the bulk of the company’s sales came from contracts signed at the end of quarters, so managers could meet ambitious quarterly sales targets and receive multimillion-dollar bonuses. For example, 90 percent of the revenue recorded by the subsidiary in the second quarter of 2007 was booked in several deals signed in the final nine days of the quarter. But the company was forced to subsequently cancel 70 percent of those contracts because the customers—most of them tiny startups—didn’t have the means to pay.

List revenue-related fraud symptoms and schemes used in this case. Briefly discuss how actively searching and understanding revenue-related fraud symptoms could have led to discovering the fraud by the company’s auditors.