Thurston Howell IV is the sole heir to the Howell Enterprise fortune. He does not participate in the business, preferring to tend to his comic book collection. He does however own a large piece of the company

Recently he had become concerned about how the company has performed specifically related to some transactions relating to stockholders’ equity.

Here is the data relating to stockholders’ equity:

Howell Enterprises

Stockholders’ Equity

As of December 31, 2019

Common Stock, 2,000,000 shares outstanding                         10,000,000

Retained Earnings                                                                           7,500,000

Total Stockholders Equity                                                               17,500,000

Thurston currently owns 300,000 shares of Howell Enterprises

Here are the relevant transactions for 2020:

1. The company issued 500,000 shares @ $8.00 per share
2. The company purchased 100,000 shares @ $15 per share
3. The company declared a $2.50 per share cash dividend
4. The company declared a 2:1 stock split

Required

1. Calculate the book value per share as of December 31, 2019. (total equity / number of shares outstanding)
2. Calculate the total value of Thurston Howell IV’s stock as of December 31, 2019. (his shares x book value per share)
3. Calculate the percentage of the company that Mr. Howell owns as of December 31, 2019. (his shares / total number of shares outstanding)
4. Prepare journal entries for the transactions listed above
5. Calculate the ending balances in the equity accounts
6. Calculate the book value per share after the transactions have been recorded
7. Calculate the total value of Thurston Howell IV’s stock after the transactions have been recorded. (his shares x new book value per share)
8. Calculate the percentage of the company that Mr. Howell owns after the transactions have been recorded. (his shares x new total outstanding shares).
9. Calculate the amount of loss that Mr. Howell has suffered (if any) as a result of the above transactions. (compare #2 to # 7).
10. Write a summary in Word explaining your results. Which transactions caused Mr. Howell to lose money?

Record the transactions for 2020 and calculate the ending balances in all of the stockholder’s equity accounts.

Please organize the answers.

Mr. Howell’s Investment

Turn in the summary with this page

Essay Question: Analyze existing publications on addressing natural disaster emergencies with information technology.

The paper main body needs to be not longer than 5.5 pages single spaced text (without the title page and the abstract and the list of references, and not shorter than 4 pages). It needs to present a synthesized analysis of and describing the importance of the topic), the topic as a Word report. The research paper should show your analysis of findings from published sources (including 70% refereed papers and the rest can be from other online publications) , that are related to the respective problem The research paper needs to have this structure: a title page, showing the title, the author, the course name and the name of the instructor, year; a 10-15 line abstract (which is prepared at the end ) 1. Introduction (it should include sentences stating the purpose of the paper and describing the importance of the topic), 2. Overview of past research on the topic (you need to modify the section title according to your topic, place here the review of the literature that you have conducted, indicating also some evaluation of the most important aspects of it, you can use subsection titles for better structure of the paper), 3. Description of 1-2 case studies on the topic, as described in the literature (again adapt the section title to what you have found) 4. Conclusion 5. References. 10 Note that your formulation of the section titles above can be within certain variations depending on your literature findings but the suggested approximate structure needs to be adhered to and each section in the paper must have a proper title. The author needs to identify supporting materials- at least 5-6 relevant sources, max 10 (of those at least 70% have to be refereed) using our library databases like ABIINform (use the Advanced search link and indicate that you are looking for refereed and peer reviewed sources) and EBSCO Host Academic Search Premier or other database that contain relevant sources for the topic or also Google Scholar (in Google type Google Scholar, this will take you to the site for it, then choose on the left corner the menu, select Advanced Google Scholar and you can combine more than 1 criteria in your search) or use also the ISCRAM Proceedings

Hello, I have to write a 5 page paper on the information provided below. If you could get me started and help with a guide and provide a few sources i could use to help me write that would be greatly appreciated. Basically looking for an outline and introduction paragraph to get started. Thank you!

Need for a project the following:

1- journal entries, ledger for one account.

August 1:        Fahed invested 500,000 in a new business called Fahed Fixes Fast Cars.

August 2:        Fahed transferred some mechanic tools worth 15,000 from his home to the business.

August 4:        The business purchased repair equipment valued at 70,000 on account from ‘Tools R Us’

August 5:        The business purchased mechanic tools for 25,000 in cash.

August 6:        The business wrote check 101 for 6,000 for rent of the mechanic shop.

August 10:      The business received its first customer and made a minor repair for a customer’s car for 5,000 in cash.

2- trail balance, OE, Income, Balance sheet.

August 11:      The business repaired a car for 14,000 on account for customer Kobe Bryant.

August 12:      The business wrote check 102 in the amount of 10,000 as partial payment for the repair equipment purchased on August 4th from ‘Tools R Us.’

August 14:      The business wrote check 103 in the amount of 4,800 for the insurance bill for the month.

August 15:      The business repaired a customer’s car for 19,200 on account for customer Derek Jeter.

August 20:      The business received a check in the amount of 8,500 as partial payment for the repairs previously made for customer Kobe Bryant on August 11th.

August 21:      The business paid the employee salaries for $12,000 in cash.

August 22:      Fahed withdrew $4,000 in cash for personal use.

August 23:      The business repaired a customer’s car for $7,800 in cash.

August 24:      The business received full payment for the repairs made for Derek Jeter on August 15th.

August 25:      The business received a check for $5,500 for the repairs previously provided on account for customer Kobe Bryant to complete the partial payment on August 20.

August 27:   The business paid in cash for $ 8,000 for repair equipment purchased on account for Tools R Us on August 12.

August 28 :   The business wrote a check 104 for $2,450 to purchase office supplies.

August 29 :    The business paid an electricity bill for $4,700 in cash.

August 31:   The business repaired a car of $ 11,000 on account for the costumer Tom Brady.

3-Adjusting Entries for “Depreciation”

- ABC company purchased an equipment at a cost of $ 170 000 with estimated useful life of 5 years, it has estimated salvage value (residual value) of $ 20 000.

Please I need it as Word file, text or excel sheet, don't post the answer as pic.

Instructions: After you have completed the calculations on your spreadsheet that correlates to the questions below, you will copy and paste the portion of that spreadsheet into the Word document for each of the questions. Be sure to also provide a sentence that explains the solution.

To save for her newborn son ’s college education, Lea Wilson will invest $1,000 at the end of each year for the next 20 years. The interest rate is 10%. What is the future value? Answer: Excel sheet - copy and paste into this document

Sharon Smith will receive $1 million in 20 years. The discount rate is 10%. As an alternative, she can receive $200,000 today. Which should she choose? $200,000 Answer: Excel sheet - copy and paste into this document Dr. J. wants to buy a Dell computer that will cost $3,000 three years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn an 8% annual return. How much should he set aside at the end of each year? Answer: Excel sheet - copy and paste into this document

You will deposit $200,000 today. It will grow for five years at 12% interest, but compounded semi-annually. What will your investment grow to? Answer: Excel sheet - copy and paste into this document

John Doeber borrowed $150,000 to buy a house. His loan cost was 6% and he promised to repay the loan in 10 equal annual payments. What are John’s annual payment amounts? Answer: Excel sheet - copy and paste into this document

An organization would like to expand a large piece of equipment in their factory that would help make the process more efficient in the future. If they are able to invest $400,000 for an initial payment, determine the approximate future value to begin installation at the beginning of the third year. We can assume an interest rate of 7% annually. Answer: Excel sheet - copy and paste into this document

After 10 years, some shares of stock originally purchased for $500 total were sold for $900 total. What was the yield on the investment? Hint PV is input as a negative value Answer: Excel sheet - copy and paste into this document

Kathy has $50,000 to invest today and would like to determine whether it is realistic for her to achieve her goal of buying a home for $150,000 in 10 years with this investment. What return must she achieve in order to buy her home in 10 years? Hint PV is input as a negative value Answer: Excel sheet - copy and paste into this document

Project Overview

Gentry Inc. is a mid-sized tech firm (200 employees and $300 million in revenue) and has been privately held since the firm’s inception ten years ago. The organization’s board of directors is keen on expanding the operations globally to take advantage of a growing market. Based on reports from the research and development team, the organization can increase its profitability metrics by 15 to 25% if it expands the operations to China, Japan, and Germany. Becoming a multinational organization will not be easy. To finance this expansion, the board of directors has decided to take the organization public and issue some bonds to raise an additional $50 million. The research team has already determined that the organization meets the financial requirements outlined by the Securities Exchange Commission. The goal is to maximize the Initial Public Offering (IPO), and the leadership must efficiently manage the capital, measure the risk of the investments, and ensure the financial metrics are robust relative to similarly sized organizations.

Based on the concepts that you learned this week from the assigned videos and articles surrounding growth strategies for companies, make an initial assessment of whether Gentry should expand into China, Japan, and Germany all at one time or in a phased approach.

In your assignment, recall the strategies that you discussed in this module’s discussion questions about the different types of financial investments companies use for growth.

It is very important for the companies to define their growth strategy and how they will achieve their growth goals that is by using external financing like bonds and stocks or through internal funding. Mostly the companies grow using external funds by raising money through debt offering or stock offering.

Here is my discussion:

The two main type of financial investments that a company use are

1- Bonds It reduces their bottom line due to interest payments and debt repayments.

2- Stocks It doesn't affect the bottom line directly.

Three types of financing policies are

1- through internal funding

Advantages are there is no external funding required which means no debt repayment burden on the company.

Disadvantages are seriously reduce the company's cash position and their current ratios.

2- Debt offering

Advantages are no dilution of the ownership of the company.

Disadvantages are regular interest payments which reduces the bottom line.

3- Stock offering:

Advantages are no regular payments to the stock holders.

Disadvantages are dilution of ownership stake in the company.

Provide your recommendation in a 700-word paper with APA formatting.

Include the advantages and disadvantages of expanding with debt and equity (using the information that you learned in this module’s materials).

Assess and research the steps necessary to expand globally by finding articles in the book or

Modern Furniture Ltd competes in the modern furniture retail market alongside Adair’s, Harvey Norman and other major furniture retailers. The market is highly competitive prompting management to review working capital practices. Detailed below are relevant figures and ratios to assist you in evaluating Modern Furniture’s working capital management.

Working Capital Ratios                  2014                       2015                       2016                       2017

Accounts Receivable Days            30.0 days             38.6 days             44.0 days             51.0 days

Inventory Days                                  30.0 days             34.5 days             37.0 days             46.0 days            

Accounts Payable Days                  29.6 days             30.2 days             38.2 days             53.0 days

Note: Ratios are based on assuming end year figures are the average throughout the majority of the year

Extracts from Financial Statements

Cash on hand                                     0.35mill                                 0.3mill                   .01mill                   .005mill

Sales – all on credit                          15 mill                   14 mill                   15mill                    16mill

Accounts Receivable Balance      1.2 mill                  1.5 mill                  1.8 mill                  2.2 mill

Inventory                                            0.66 mill               0.79 mill               0.9 mill                  1.17mill

Cost of Goods Sold                          8.0 mill                  8.5 mill                  8.9 mill                  9.3 mill

Accounts Payable                             0.65mill                                 0.7 mill                  0.95 mill               1.35 mill

Budgeted Figures                           

Cash on hand                                     0.3 mill                  0.3 mill                  0.31 mill               0.32 mill

Accounts Receivable Balance      1.2 mill                  1.22 mill               1.28 mill               1.35 mill

Inventory Balance                            0.7 mill                  0.72 mill               0.78 mill               0.80 mill

Accounts Payable                             0.64 mill               0.65 mill               .70 mill                  0.71 mill

Accounts Receivable Terms         30 days                30 days                30 days                30 days

Accounts Payable Terms               45 days                 45 days                 45 days                 45 days

Industry Averages

Accounts Receivable Days            30.1 days             29.6 days             30.4 days             33.1 days

Inventory Days                                  30 days                 31 days                 33 days                 32.2 days

Accounts Payable Days                  30 days                 28.5days              17 days                 15 days

Review Modern Furniture’s working capital management performance utilizing the above information / benchmark figures / industry averages and budgets (250 words).

Once you have analyzed their performance, provide some strategies and recommendations to assist in improving any weaknesses in working capital management referring to the management of components of working capital including cash, inventory, accounts receivable and accounts payable. As part of your recommendations identify the associated potential benefits and costs of each recommendation? (250 word limit)

Answer All Questions:

Q1. Prepare the balance sheet for ALOMARI Delivery Service from the following alphabetical list of the accounts at December 31 amounts in dollars. (i need more details and more Explain) (use your own words don't copy and paste) (don't use handwritting)

Q2: The balances for the accounts of Lance’s Consulting Firm, Inc. for the year ended December 31 are shown below. Each account shown had a normal balance. (i need more details and more Explain) (use your own words don't copy and paste) (don't use handwritting)

Accounts payable                    $ 6,400            Wages expense                        $35,000

Accounts receivable                   7,000            Rent expense                               5,000

Cash                                        10,000            Retained Earnings                   68,700

Office Supplies                          1,000            Land                                        53,000

Building                                  99,000            Unearned Revenue                     7,000

Supplies expense                     15,000            Dividends                               20,000

Consulting Revenue               150,000            Common Stock                         12,900
Instructions: Calculate Net Income

Q3. Dolly Barton began Barton Office Services in October and during the month completed the following transactions: (i need more details and more Explain) (use your own words don't copy and paste) (don't use handwritting)
a. Invested $10,000 cash and $15,000 of computer equipment in exchange for common stock
b. Paid $500 cash for an insurance premium covering the next 12 months
c. Completed a word processing assignment for a customer and collected $1,000 cash
d. Paid $200 cash for office supplies
e. Paid $2,000 for October's rent.

Instructions: Prepare journal entries to record the above transactions. Explanations are unnecessary

Q4: ABC Company wishes to enter receipts and payments in such a manner that adjustments at the end of the period will not require reversing entries at the beginning of the next period.(i need more details and more Explain) (use your own words don't copy and paste) (don't use handwritting)

Instructions:

Record the following transactions in the desired manner and give the adjusting entry on December 31, 2017. (Two entries for each part.)

1. An insurance policy for two years was acquired on April 1, 2017 for $8,000.

2.   Rent of $12,000 for six months for a portion of the building was received on November 1, 2017.

A company produces gold picture frames. The cost per picture frame is:

Materials                                               $9

Packaging                                             $1

Decorations on the frame                       $5

Shipping and handling                           $1.5

Each worker earns $30,000 annually in salary and benefits. The number of workers changes based on the level of production. This means this is a variable cost.

The artist who creates the designs on the picture frames is paid $25,000 annually. Senior management are paid a total of $200,000 annually. Other annual costs are:

Taxes and Insurance                                          $17,000

Utilities                                                              $50,000

Rent                                                                $300,000

Miscellaneous Overhead Expenses                     $24,000

The following production is possible:

1. Using all this information complete the following table and answer the questions. It would be easier if you set this up in an Excel spreadsheet. When you are done, you must submit it as a Word document with your answers. You will use this table to answer questions 2 and 3.

Your first step is to identify which are fixed costs and which are variable costs. If you will have to keep paying the cost whether you produce 0 units of the product or 10,000 units, then it is a fixed cost. In the short run you have to keep paying it. In the long run you may be able to change these fixed costs. A variable cost changes based on how much of the product you produce. But the variable costs may not change all at the same time.

2. What is the lowest price you would be willing to start producing this new product? Be precise. Don’t round up to the nearest dollar. (1 mark)
3. If you were already committed to the fixed costs, how low could the price per picture frame fall before you would consider shutting down production? Remember, in the SHORT RUN, you have to keep paying your fixed costs whether you produce any picture frames or not. If you can cover your variable costs, then anything over that will reduce your fixed costs. You may be losing money in the short run but you are losing less money. (1 mark)

Financial Statements:

Reading and creating financial statements is very important in the finance world. Using the information below, please create an income statement and a balance sheet.  You may do so in a WORD or EXCEL document.

For the income statement be sure to have two columns Dollar Value and Percentage of Sales...For example. (Sales 10,000, Cost of goods sold (COGS) 4,000 should be expressed in the following way.)

Dollar Value % of Sales

Sales $10,000 100%

COGS (4,000) (40%)

Gross profits $6,000 60%

You will follow a similar approach with the balance sheet. In this case the two columns would be titled Dollar Value and Percentage of Total Assets. Remember that in order to "BALANCE" Assets must EQUAL Liability and Equity.

Ratios:

Complete a financial analysis. You are asked to calculate the financial ratios for the the year 2015. Afterward, define and interpret the financial ratios for 2015. In other words, what does the ratio tell you, what is it for W&T, and what does it tell you about the company itself (interpret)? (Hint: Page 140-141 has the ratios and equations you need; they are also on the outline I give you. ) You may put your analysis in the format below or create your own format as long as it is easy to read.

Compute financial ratios.

Financial ratios                           2015   

Current ratio                                                  

Acid-test ratio                                               

Days in receivables                      

Days in inventory                        

Operating return on assets        

Operating profit margin            

Total asset turnover                       

Fixed asset turnover   

Debt ratio                                     

Times interest earned                     

Return on equity           

Return on Assets

When you get ready to define and interpret you can do so in the following manner. (EXAMPLE: Alphabet (Google) has a current ratio of 3.96.

*****Current ratio measures a firm's degree of liquidity by comparing its current assets to its current liabilities. For Google, the company has $3.96 in current assets, for every $1 in short term debt.

CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS, INC.

Sunset Boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company, is in charge of the design and sale of the surfboards, but his background is in surfing, not business. As a result, the company’s financial records are not well maintained.

The initial investment in Sunset Boards was provided by Tad and his friends and family. Because the initial investment was relatively small, and the company has made surfboards only for its own store, the investors haven’t required detailed financial statements from Tad. But thanks to word of mouth among professional surfers, sales have picked up recently, and Tad is considering a major expansion. His plans include opening another surfboard store in Hawaii, as well as supplying his “sticks” (surfer lingo for boards) to other sellers.

Tad’s expansion plans require a significant investment, which he plans to finance with a combination of additional funds from outsiders plus some money borrowed from banks. Naturally, the new investors and creditors require more organized and detailed financial statements than Tad has previously prepared. At the urging of his investors, Tad has hired financial analyst Christina Wolfe to evaluate the performance of the company over the past year.

After rooting through old bank statements, sales receipts, tax returns, and other records, Christina has assembled the following information:

Sunset Boards currently pays out 40 percent of net income as dividends to Tad and the other original investors, and it has a 21 percent tax rate. You are Christina’s assistant, and she has asked you to prepare the following:

1. An income statement for 2017 and 2018.

2. A balance sheet for 2017 and 2018.

3. Operating cash flow for each year.

4. Cash flow from assets for 2018.

5. Cash flow to creditors for 2018.

6. Cash flow to stockholders for 2018.

7. What are the limitations of financial statements?