Although Financial Ratio Analysis has limitations, it is a great tool to find the problematic areas in the company so that managers can go back and address the problems. One of the limitations is differences in accounting standards around the world that can distort financial ratios.
Starbucks / PepsiCo
these are two publicly traded US companies listed on the NASDAQ stock market and calculate each company’s P/E (Price to Earnings Ratio) and MB (Market to Book Ratio). What do these ratios tell you about how investors value these two companies’ future prospects?
In: Finance
Financial managers should be able to determine how risk factors into a company’s decision to expand or start a new project. Select one of the publicly traded Fortune 500 corporations listed below: Amazon Use Mergent Online to access the company’s annual report to its stakeholders, then complete the following activities: Retrieve and analyze the steps that the selected company uses for scenario and sensitivity analysis, risk management techniques, and how companies mitigate currency fluctuation risk for the launch of a new product/project. Prepare your analysis in a minimum of 500 words with APA formatting.
In: Accounting
Accounting standards update, ASU 2016-01, is effective for publicly traded companies with a fiscal year beginning after December 31, 2017. The accounting update now requires companies to classify its equity investments at fair value, except those accounted for using the Equity Method. In other words, equity investments are no longer classified as available-for-sale securities. Based on your knowledge of the accounting for equity investments, what is the financial reporting implications for a company that typically makes equity investments classified as available-for-sale? What impact might this reporting requirement have?
In: Accounting
Year Name MinPressure_before Gender_MF Category alldeaths
1950 Easy 958 1 3 2
1950 King 955 0 3 4
1952 Able 985 0 1 3
1953 Barbara 987 1 1 1
1953 Florence 985 1 1 0
1954 Carol 960 1 3 60
1954 Edna 954 1 3 20
1954 Hazel 938 1 4 20
1955 Connie 962 1 3 0
1955 Diane 987 1 1 200
1955 Ione 960 0 3 7
1956 Flossy 975 1 2 15
1958 Helene 946 1 3 1
1959 Debra 984 1 1 0
1959 Gracie 950 1 3 22
1960 Donna 930 1 4 50
1960 Ethel 981 1 1 0
1961 Carla 931 1 4 46
1963 Cindy 996 1 1 3
1964 Cleo 968 1 2 3
1964 Dora 966 1 2 5
1964 Hilda 950 1 3 37
1964 Isbell 974 1 2 3
1965 Betsy 948 1 3 75
1966 Alma 982 1 2 6
1966 Inez 983 1 1 3
1967 Beulah 950 1 3 15
1968 Gladys 977 1 2 3
1969 Camille 909 1 5 256
1970 Celia 945 1 3 22
1971 Edith 978 1 2 0
1971 Fern 979 1 1 2
1971 Ginger 995 1 1 0
1972 Agnes 980 1 1 117
1974 Carmen 952 1 3 1
1975 Eloise 955 1 3 21
1976 Belle 980 1 1 5
1977 Babe 995 1 1 0
1979 Bob 986 0 1 1
1979 David 970 0 2 15
1979 Frederic 946 0 3 5
1980 Allen 945 0 3 2
1983 Alicia 962 1 3 21
1984 Diana 949 1 2 3
1985 Bob 1002 0 1 0
1985 Danny 987 0 1 1
1985 Elena 959 1 3 4
1985 Gloria 942 1 3 8
1985 Juan 971 0 1 12
1985 Kate 967 1 2 5
1986 Bonnie 990 1 1 3
1986 Charley 990 0 1 5
1987 Floyd 993 0 1 0
1988 Florence 984 1 1 1
1989 Chantal 986 1 1 13
1989 Hugo 934 0 4 21
1989 Jerry 983 0 1 3
1991 Bob 962 0 2 15
1992 Andrew 922 0 5 62
1993 Emily 960 1 3 3
1995 Erin 973 1 2 6
1995 Opal 942 1 3 9
1996 Bertha 974 1 2 8
1996 Fran 954 1 3 26
1997 Danny 984 0 1 10
1998 Bonnie 964 1 2 3
1998 Earl 987 0 1 3
1998 Georges 964 0 2 1
1999 Bret 951 0 3 0
1999 Floyd 956 0 2 56
1999 Irene 987 1 1 8
2002 Lili 963 1 1 2
2003 Claudette 979 1 1 3
2003 Isabel 957 1 2 51
2004 Alex 972 0 1 1
2004 Charley 941 0 4 10
2004 Frances 960 1 2 7
2004 Gaston 985 0 1 8
2004 Ivan 946 0 3 25
2004 Jeanne 950 1 3 5
2005 Cindy 991 1 1 1
2005 Dennis 946 0 3 15
2005 Ophelia 982 1 1 1
2005 Rita 937 1 3 62
2005 Wilma 950 1 3 5
2005 Katrina 902 1 3 1833
2007 Humberto 985 0 1 1
2008 Dolly 963 1 1 1
2008 Gustav 951 0 2 52
2008 Ike 935 0 2 84
2011 Irene 952 1 1 41
2012 Isaac 965 0 1 5
2012 Sandy 945 1 2 159
Open Hurricane data.
SETUP: Is it reasonable to assume that average hurricane pressure for category 4 is different from that of category 1? Given the data, your job is to check if this assertion is indeed reasonable or not. HINT: Read Lecture 24.
19. What would be the correct Null-Hypothesis?
20. The P-value is 3.33E-09. What can be statistically concluded?
21. Write a one-line additional comment.
In: Statistics and Probability
Year Name MinPressure_before Gender_MF Category alldeaths 1950 Easy 958 1 3 2 1950 King 955 0 3 4 1952 Able 985 0 1 3 1953 Barbara 987 1 1 1 1953 Florence 985 1 1 0 1954 Carol 960 1 3 60 1954 Edna 954 1 3 20 1954 Hazel 938 1 4 20 1955 Connie 962 1 3 0 1955 Diane 987 1 1 200 1955 Ione 960 0 3 7 1956 Flossy 975 1 2 15 1958 Helene 946 1 3 1 1959 Debra 984 1 1 0 1959 Gracie 950 1 3 22 1960 Donna 930 1 4 50 1960 Ethel 981 1 1 0 1961 Carla 931 1 4 46 1963 Cindy 996 1 1 3 1964 Cleo 968 1 2 3 1964 Dora 966 1 2 5 1964 Hilda 950 1 3 37 1964 Isbell 974 1 2 3 1965 Betsy 948 1 3 75 1966 Alma 982 1 2 6 1966 Inez 983 1 1 3 1967 Beulah 950 1 3 15 1968 Gladys 977 1 2 3 1969 Camille 909 1 5 256 1970 Celia 945 1 3 22 1971 Edith 978 1 2 0 1971 Fern 979 1 1 2 1971 Ginger 995 1 1 0 1972 Agnes 980 1 1 117 1974 Carmen 952 1 3 1 1975 Eloise 955 1 3 21 1976 Belle 980 1 1 5 1977 Babe 995 1 1 0 1979 Bob 986 0 1 1 1979 David 970 0 2 15 1979 Frederic 946 0 3 5 1980 Allen 945 0 3 2 1983 Alicia 962 1 3 21 1984 Diana 949 1 2 3 1985 Bob 1002 0 1 0 1985 Danny 987 0 1 1 1985 Elena 959 1 3 4 1985 Gloria 942 1 3 8 1985 Juan 971 0 1 12 1985 Kate 967 1 2 5 1986 Bonnie 990 1 1 3 1986 Charley 990 0 1 5 1987 Floyd 993 0 1 0 1988 Florence 984 1 1 1 1989 Chantal 986 1 1 13 1989 Hugo 934 0 4 21 1989 Jerry 983 0 1 3 1991 Bob 962 0 2 15 1992 Andrew 922 0 5 62 1993 Emily 960 1 3 3 1995 Erin 973 1 2 6 1995 Opal 942 1 3 9 1996 Bertha 974 1 2 8 1996 Fran 954 1 3 26 1997 Danny 984 0 1 10 1998 Bonnie 964 1 2 3 1998 Earl 987 0 1 3 1998 Georges 964 0 2 1 1999 Bret 951 0 3 0 1999 Floyd 956 0 2 56 1999 Irene 987 1 1 8 2002 Lili 963 1 1 2 2003 Claudette 979 1 1 3 2003 Isabel 957 1 2 51 2004 Alex 972 0 1 1 2004 Charley 941 0 4 10 2004 Frances 960 1 2 7 2004 Gaston 985 0 1 8 2004 Ivan 946 0 3 25 2004 Jeanne 950 1 3 5 2005 Cindy 991 1 1 1 2005 Dennis 946 0 3 15 2005 Ophelia 982 1 1 1 2005 Rita 937 1 3 62 2005 Wilma 950 1 3 5 2005 Katrina 902 1 3 1833 2007 Humberto 985 0 1 1 2008 Dolly 963 1 1 1 2008 Gustav 951 0 2 52 2008 Ike 935 0 2 84 2011 Irene 952 1 1 41 2012 Isaac 965 0 1 5 2012 Sandy 945 1 2 159 Test if there is a significant difference in the death by Hurricanes and Min Pressure measured. Answer the questions for Assessment. (Pick the closest answer)
7. What is the P-value?
8. What is the Statistical interpretation?
9. What is the conclusion?
In: Statistics and Probability
Open Hurricanes data.
Test if there is a significant difference in the death by Hurricanes and Min Pressure measured. Answer the questions for Assessment. (Pick the closest answer)
7. What is the P-value?
8. What is the Statistical interpretation?
9. What is the conclusion?
Year Name MinPressure_before
Gender_MF Category alldeaths
1950 Easy 958 1
3 2
1950 King 955 0
3 4
1952 Able 985 0
1 3
1953 Barbara 987 1
1 1
1953 Florence 985 1
1 0
1954 Carol 960 1
3 60
1954 Edna 954 1
3 20
1954 Hazel 938 1
4 20
1955 Connie 962 1
3 0
1955 Diane 987 1
1 200
1955 Ione 960 0
3 7
1956 Flossy 975 1
2 15
1958 Helene 946 1
3 1
1959 Debra 984 1
1 0
1959 Gracie 950 1
3 22
1960 Donna 930 1
4 50
1960 Ethel 981 1
1 0
1961 Carla 931 1
4 46
1963 Cindy 996 1
1 3
1964 Cleo 968 1
2 3
1964 Dora 966 1
2 5
1964 Hilda 950 1
3 37
1964 Isbell 974 1
2 3
1965 Betsy 948 1
3 75
1966 Alma 982 1
2 6
1966 Inez 983 1
1 3
1967 Beulah 950 1
3 15
1968 Gladys 977 1
2 3
1969 Camille 909 1
5 256
1970 Celia 945 1
3 22
1971 Edith 978 1
2 0
1971 Fern 979 1
1 2
1971 Ginger 995 1
1 0
1972 Agnes 980 1
1 117
1974 Carmen 952 1
3 1
1975 Eloise 955 1
3 21
1976 Belle 980 1
1 5
1977 Babe 995 1
1 0
1979 Bob 986 0
1 1
1979 David 970 0
2 15
1979 Frederic 946 0
3 5
1980 Allen 945 0
3 2
1983 Alicia 962 1
3 21
1984 Diana 949 1
2 3
1985 Bob 1002 0
1 0
1985 Danny 987 0
1 1
1985 Elena 959 1
3 4
1985 Gloria 942 1
3 8
1985 Juan 971 0
1 12
1985 Kate 967 1
2 5
1986 Bonnie 990 1
1 3
1986 Charley 990 0
1 5
1987 Floyd 993 0
1 0
1988 Florence 984 1
1 1
1989 Chantal 986 1
1 13
1989 Hugo 934 0
4 21
1989 Jerry 983 0
1 3
1991 Bob 962 0
2 15
1992 Andrew 922 0
5 62
1993 Emily 960 1
3 3
1995 Erin 973 1
2 6
1995 Opal 942 1
3 9
1996 Bertha 974 1
2 8
1996 Fran 954 1
3 26
1997 Danny 984 0
1 10
1998 Bonnie 964 1
2 3
1998 Earl 987 0
1 3
1998 Georges 964 0
2 1
1999 Bret 951 0
3 0
1999 Floyd 956 0
2 56
1999 Irene 987 1
1 8
2002 Lili 963 1
1 2
2003 Claudette 979
1 1 3
2003 Isabel 957 1
2 51
2004 Alex 972 0
1 1
2004 Charley 941 0
4 10
2004 Frances 960 1
2 7
2004 Gaston 985 0
1 8
2004 Ivan 946 0
3 25
2004 Jeanne 950 1
3 5
2005 Cindy 991 1
1 1
2005 Dennis 946 0
3 15
2005 Ophelia 982 1
1 1
2005 Rita 937 1
3 62
2005 Wilma 950 1
3 5
2005 Katrina 902 1
3 1833
2007 Humberto 985 0
1 1
2008 Dolly 963 1
1 1
2008 Gustav 951 0
2 52
2008 Ike 935 0
2 84
2011 Irene 952 1
1 41
2012 Isaac 965 0
1 5
2012 Sandy 945 1
2 159
In: Statistics and Probability
SUBJECT: TAXATION OF INDIVIDUALS AND BUSINESS ENTITIES (Chapter 25)
Required information
Roland had a taxable estate of $5.5 milionwhen he died this year.
Calculate the amount of estate tax due (if any) under the following alternative. (Refer to EXHIBIT 25-1 AND EXHIBIT 25-2).
a. Roland's prior taxable gifts consist of a taxable gift of $1 million in 2005. Estate tax due?
b. Roland's prior taxable gifts consist of a taxable gift of $1.5 million in 2005. Estate tax due?
c. Roland made a $1 million taxable gift in the year prior to his death. Estate tax due?
EXHIBIT 25-1
|
TAX BASE EQUAL TO OR OVER |
NOT OVER | TENTATIVE TAX | PLUS |
OF AMOUNT OVER |
| $ 0 | $ 10,000 | $ 0 | 18% | $ 0 |
| 10,000 | 20,000 | 1,800 | 20 | 10,000 |
| 20,000 | 40,000 | 3,800 | 22 | 20,000 |
| 40,000 | 60,000 | 8,200 | 24 |
40,000 |
| 60,000 | 80,000 | 13,000 | 26 | 60,000 |
| 80,000 | 100,000 | 18,200 | 28 | 80,000 |
| 100,000 | 150,000 | 23,800 | 30 | 100,000 |
| 150,000 | 250,000 | 38,800 | 32 | 150,000 |
| 250,000 | 500,000 | 70,800 | 34 | 250,000 |
| 500,000 | 750,000 | 155,800 | 37 | 500,000 |
| 750,000 | 100,000 | 248,300 | 39 | 750,000 |
| 1,000,000 | 345,800 | 40 | 1,000,000 |
EXHIBIT 25-2 THE EXEMPTION EQUIVALENT
| YEAR OF TRANSFER | GIFT TAX | ESTATE TAX |
| 1986 | $ 500,000 | $ 500,000 |
| 1987-1997 | 600,000 | 600,000 |
| 1998 | 625,000 | 625,000 |
| 1999 | 650,000 | 650,000 |
| 2000-2001 | 675,000 | 675,000 |
| 2002-2003 | 1,000,000 | 1,000,000 |
| 2004-2005 | 1,000,000 | 1,500,000 |
| 2006-2008 | 1,000,000 | 2,000,000 |
| 2009-2010* | 1,000,000 | 3,500,000 |
| 2011 | 5,000,000 | 5,000,000 |
| 2012 | 5,120,000 | 5,120,000 |
| 2013 | 5,250,000 | 5,250,000 |
| 2014 | 5,340,000 | 5,340,000 |
| 2015 | 5,430,000 | 5,430,000 |
| 2016 | 5,450,000 | 5,450,000 |
| 2017 | 5,490,000 | 5,490,000 |
Please show the solution. Thank you
In: Accounting
If you were a CFO of a publicly-traded firm. How would you disclose to the public the impact of the pandemic on your firm's income statement? What measures would you take to make such disclosures in order to ensure you maintain legal and ethical standards? Use citations to support your positions.
In: Finance
Drawing from your professional or personal experience, or from your research skills (researching news articles or publicly traded companies' corporate annual reports), explain a situation in which a profitable organization had negative cash flows or when an organization experiencing a loss had positive cash flow.
In: Accounting
b. In April 2015, Larry Fink, CEO of Blackrock, wrote an open letter (listed as assigned reading on the course website) to S&P500 CEOs in the US and to CEOs of some of the largest publicly traded foreign companies. Identify and briefly discuss two key issues raised in this letter. (6 pts)
In: Finance