Using the data in the following table, estimate the average return and volatility for each stock.
Year Stock A Stock b
2008 -5% 15%
2009 19% 31%
2010 10% 4%
2011 -4% .5%
2012 3% -9%
2013 15% 23%
What is the variance of stock a? Stock b?
In: Finance
“Cola Wars Continue Coke and Pepsi in 2010,” use game theory approach/analysis to explain the competitive behavior of Coke and Pepsi making specific references to actions taken by each firm and the different “battlefields.” What conclusions can you draw about the competitive strategies pursued by both companies? Explain
In: Economics
The Patient Protection and Affordable Care Act (ACA) of 2010, or healthcare reform has had a great impact on the lives of patients, healthcare providers and investors. briefly describe the main provisions of healthcare reform and its implications for the practice of healthcare finance. What are some features of the ACA that affect healthcare insurance and reimbursement?
In: Accounting
4. What is your understanding of the phrase ‘You must take responsibility for your own health?’ Using the World Health Organization (WHO) (2010) Global recommendations on physical activity for health, list and explain 4 ways you can adapt to make sure you and your students stay healthy.
In: Nursing
The stockholders' equity of TVX Company at the beginning of the day on February 5 follows:
|
Common stock -- $10 par value, 150,000 shares authorized, 67,000 shares issues and outstanding |
670,000 |
|
Paid-in capital in excess of par value, common stock |
525,000 |
|
Retained Earnings |
675,000 |
|
Total Stockholders' Equity |
1,870,000 |
On February 5, the directors declare a 12% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $39 per share on February 5 before the stock dividend. The stock's market value is $35.00 per share on February 28.
1. Prepare entries to record the dividend declaration and its distribution.
2. One stockholder owned 800 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5.
3. Compute the total market value of the investor's shares in part 2 as of February 5 and February 28.
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Feb 5 |
Retained Earnings |
||
|
Common stock dividend distributable |
|||
|
Paid in capital in excess of par value, common stock |
|||
|
Declared 12% stock dividend |
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|
Feb 28 |
Common stock dividend distributable |
||
|
Common stock |
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|
Distributed common stock dividend declared on Feb 5 |
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2.) One stockholder owned 550 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder’s shares immediately before and after the stock dividend of February 5. (Round your "Book value per share" answers to 3 decimal places.)
3.) Compute the total market value of the investor’s shares in part 2 as of February 5 and February 28.
In: Accounting
A comparative balance sheet and income statement for Eaton Company follow: Eaton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash $ 42 $ 17 Accounts receivable 309 229 Inventory 156 195 Prepaid expenses 9 5 Total current assets 516 446 Property, plant, and equipment 534 454 Less accumulated depreciation 86 71 Net property, plant, and equipment 448 383 Long-term investments 27 33 Total assets $ 991 $ 862 Liabilities and Stockholders' equity Accounts payable $ 305 $ 225 Accrued liabilities 71 80 Income taxes payable 74 63 Total current liabilities 450 368 Bonds payable 198 172 Total liabilities 648 540 Common stock 207 228 Retained earnings 136 94 Total stockholders’ equity 343 322 Total liabilities and stockholders' equity $ 991 $ 862 Eaton Company Income Statement For the Year Ended December 31, 2011 Sales $ 752 Cost of goods sold 448 Gross margin 304 Selling and administrative expenses 221 Net operating income 83 Nonoperating items: Gain on sale of investments $ 7 Loss on sale of equipment (2) 5 Income before taxes 88 Income taxes 25 Net income $ 63 During 2011, Eaton sold some equipment for $19 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $13 that had cost $6 when purchased several years ago. A cash dividend was paid during 2011 and the company, repurchased $21 of its own stock. Eaton did not retire any bonds during 2011. Required: 1. Using the indirect method, determine the net cash for operating activities for 2011. (Negative amount should be entered with a minus sign.) Net cash operating activities $ 2. Using the information in (1) above, along with an analysis of the remaining balance sheet accounts, prepare a statement of cash flows for 2011. (Amounts to be deducted and negative
In: Accounting
BBT Production is promoting a concert in Kuala Lumpur. The bands will receive a flat fee of RM7 million in cash. The concert will be shown worldwide on closed-circuit television. BBT will collect 100% of the receipts and will return 30% to the individual local closed-circuit theater managers. BBT expects to sell 1.1 million seats at a net average price of RM13 each.
Required:
|
a) |
The general manager of BBT Production is trying to decide what amount to spend for advertising. What is the most BBT could spend and still break even on overall operations, assuming sales of 1.1 million tickets? |
|
b) |
If BBT desires an operating income of rm500,000, how many seats would have to sell? Assume the average price is RM13 and total fixed cost (advertising above) |
In: Accounting
Club Fitness is open from 5 A.M. until 9 P.M. Monday through Saturday. The gym is closed on Sundays and holidays. Hank Hunkley, the owner, is considering offering 24-hour, 7-day-a-week, 365-days-a year access for an additional $59 a year per member. In exchange for the extra fee, the member would receive a magnetic fob that will unlock the door when the facility is closed. Each fob would cost Hank $5. Based on a survey taken of his 951 current members, Hank estimates that 36% of them will buy the fob to allow extended hours access. What is the total CLV associated with the 24/7/365 access plan for the current membership if the costs for personnel and equipment for the program are $9,548 annually?
Please post the Excel formula
In: Accounting
6. The income-expenditure model Consider a small economy that is closed to trade, so its net exports are equal to zero. Suppose that the economy has the following consumption function, where C is consumption, Y is real GDP, I is investment, G is government purchases, and T stands for net taxes: C = 45+0.75×(Y – T) Suppose G = $60 billion, I = $60 billion, and T = $20 billion. Given the consumption function and the fact that for a closed economy total expenditure can be calculated as Y=C+I+G , the equilibrium output level is equal to $ billion. Suppose the government purchases are reduced by $50 billion. The new equilibrium level of output will be equal to . Based on the effect of the change in government purchases on equilibrium output, you can tell that this economy's spending multiplier is equal to .
In: Economics
The multi-merge sort algorithm (M&M sort) works like merge sort, except that instead of dividing the array into 2 partitions, it divides the array into p partitions. It recursively sorts each of the p partitions and then merges the results doing a p-way merge (except, of course, for the base case of a singleton or empty array). (a) Write the recurrence for T(n) for M&M sort for the case where p is a constant. Then, give a closed-form solution to the recurrence using the Master Theorem, and note which case applied. (b) Now assume that p is not a constant, but rather p(n) = n/10. Rewrite T(n) for this case. Then, give a closed form solution. Use the Master Theorem if it applies, or any other means of arriving at the result.
In: Computer Science