Questions
Two cars collide at an intersection. Car A, with a mass of 1900 kg , is...

Two cars collide at an intersection. Car A, with a mass of 1900 kg , is going from west to east, while car B , of mass 1400 kg , is going from north to south at 17 m/s . As a result of this collision, the two cars become enmeshed and move as one afterwards. In your role as an expert witness, you inspect the scene and determine that, after the collision, the enmeshed cars moved at an angle of 60 ∘ south of east from the point of impact. How fast were the enmeshed cars moving just after the collision? How fast was car A going just before the collision?

In: Physics

A stationary nucleus of charge Q, radius R of mass M is divided into two daughter...

A stationary nucleus of charge Q, radius R of mass M is divided into two daughter nuclei of
the same size and charge, which repel each other to innite distance apart after the fission.
Assume the charge density p remains the same before and after the nuclear fission. (i)How
much kinetic energy is generated.(ii)What will be the mass of daughter nuclei ?
(b)How much energy would be generated from the nuclear fission of one mole of a nuclei with
Z = 92, R = 1:0fm(Assume the nuclear fission takes place as described in part (a)).

In: Physics

Answer each of the questions in the following unrelated situations. (a) The current ratio of a...

Answer each of the questions in the following unrelated situations.

(a) The current ratio of a company is 6:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $546,000, what is the amount of current liabilities?

Current Liabilities $

  


(b) A company had an average inventory last year of $180,000 and its inventory turnover was 5. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year? (Round answer to 0 decimal places, e.g. 125.)

Average Inventory $


(c) A company has current assets of $92,000 (of which $37,000 is inventory and prepaid items) and current liabilities of $37,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.)

Current Ratio :1
Acid Test Ratio :1
New Current Ratio :1
New Acid Test Ratio :1


(d) A company has current assets of $560,000 and current liabilities of $233,000. The board of directors declares a cash dividend of $169,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.)

Current ratio after the declaration but before payment :1
Current ratio after the payment of the dividend :1

A ?

B ?

C ?

D ?

In: Accounting

Evaluate the purchase of an existing 500 unit apartment complex for $20000000, the building is assumed...

Evaluate the purchase of an existing 500 unit apartment complex for $20000000, the building is assumed to have a 20 year functional life. Treat the rents as being collected at the end of each year, along with associated variable and fixed costs. Assume rent controls will prohibit the rent from being raised over the life of the building. Assume that the underlying property reverts to the original owners at the end of twenty years, and that you will also be responsible for demolition and clean-up costs, to be incurred at the end of the building’s life.       Rentals are estimated at 450 units per year. Each unit will be rented for a cumulative monthly amount of $20000 per year. Cost per unit when rented $8000 per year. Fixed costs $3000000 per year for the building, other than the initial investment. Demolition/Clean up $4500000 after-tax. Depreciation is to be straight-line. Assume the project can be financed at 8% (before-tax) using debt. Tax Rate is 21%. Develop a pro forma income statement and compute the after-tax operating cash-flow (OCF). Suppose your firm uses the NPV rule in making investment decisions and your after-tax OCF is $2700000. Assume same full debt funding at 8%, tax rate is 21%, 20 year period, straight-line depreciation, initial investment of $20000000 and after-tax exit cost of $4500000. What will be the before-tax OCF?            

Group of answer choices

$3150000 to $3200000

$3250000 to $3300000                                                           
                                                                                   

$3200000 to $3250000

>$3300000

<$3150000

In: Finance

Answer each of the questions in the following unrelated situations. (a) The current ratio of a...

Answer each of the questions in the following unrelated situations.

(a) The current ratio of a company is 6:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $463,000, what is the amount of current liabilities?

Current Liabilities $


(b) A company had an average inventory last year of $209,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year? (Round answer to 0 decimal places, e.g. 125.)

Average Inventory $


(c) A company has current assets of $92,000 (of which $44,000 is inventory and prepaid items) and current liabilities of $44,000. What is the current ratio? What is the acid-test ratio? If the company borrows $15,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.)

Current Ratio :1
Acid Test Ratio :1
New Current Ratio :1
New Acid Test Ratio :1


(d) A company has current assets of $621,000 and current liabilities of $246,000. The board of directors declares a cash dividend of $190,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.)

Current ratio after the declaration but before payment :1
Current ratio after the payment of the dividend :1

In: Accounting

In the year 2008, Wiggins Processing Company had the following contribution income statement: WIGGINS PROCESSING COMPANY...

In the year 2008, Wiggins Processing Company had the following contribution income statement:

WIGGINS PROCESSING COMPANY
Contribution Income Statement
For the Year 2008
Sales $1,000,000
Variable costs
Cost of goods sold $420,000
Selling and administrative 200,000 (620,000)
Contribution margin 380,000
Fixed Costs
Factory overhead 186,000
Selling and administrative 80,000 (266,000)
Before-tax profit 114,000
Income taxes (37%) (42,180)
After-tax profit $71,820

HINT: Round contribution margin ratio to two decimal places for your calculations below.

(a) Determine the annual break-even point in sales dollars.
$____

(b) Determine the annual margin of safety in sales dollars.
$_____

(c) What is the break-even point in sales dollars if management makes a decision that increases fixed costs by $76,000?


(d) With the current cost structure, including fixed costs of $266,000, what dollar sales volume is required to provide an after-tax net income of $250,000?

Do not round until your final answer. Round your answer to the nearest dollar.
$_____

(e) Prepare an abbreviated contribution income statement to verify that the solution to part (d) will provide the desired after-tax income.

Round your answers to the nearest dollar. Use rounded answers for subsequent calculations. Do not use negative signs with any of your answers.

WIGGINS PROCESSING COMPANY
Income Statement
For the Year 200
Sales $____
Variable costs _______
Contribution margin _____
Fixed costs _______
Net income before taxes ______
Income taxes (37%) ______
Net income after taxes $_____

In: Accounting

Answer each of the questions in the following unrelated situations. (a) The current ratio of a...

Answer each of the questions in the following unrelated situations.

(a) The current ratio of a company is 6:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $489,000, what is the amount of current liabilities?

Current Liabilities $

  

(b) A company had an average inventory last year of $218,000 and its inventory turnover was 5. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year? (Round answer to 0 decimal places, e.g. 125.)

Average Inventory $

(c) A company has current assets of $86,000 (of which $39,000 is inventory and prepaid items) and current liabilities of $39,000. What is the current ratio? What is the acid-test ratio? If the company borrows $17,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.)

Current Ratio

  

:1
Acid Test Ratio :1
New Current Ratio :1
New Acid Test Ratio :1

(d) A company has current assets of $612,000 and current liabilities of $253,000. The board of directors declares a cash dividend of $193,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.)

Current ratio after the declaration but before payment

  

:1
Current ratio after the payment of the dividend :1

In: Accounting

Cemtrex Inc, a tech company involved in virtual reality, conducted a Seasoned Equity Offering (SEO) through...

Cemtrex Inc, a tech company involved in virtual reality, conducted a Seasoned Equity Offering (SEO) through rights offer on November 2018. The rights offer consisted in that for every 3 shares of Cemtrex an investor already owned, he or she could buy 1 more share at a discounted price of $1.06, the price of Cemtrex’s shares on the day of the SEO was $1.30. The SEO creates dilution — since it increases the number of shares, the value of each share decreases — but by doing it through a rights offer this dilution is potentially canceled. (a) Before the SEO, there were 8.5 million total shares of Cemtrex. Find the market capitalization (price × shares) of Cemtrex prior to the SEO. (b) Find the market capitalization of Cemtrex after the SEO, assume everyone participated to the full extend in the rights offer.1 (c) Find the new stock price for Cemtrex after the SEO (remember that market cap. = price × shares). 1Note: The market capitalization after the SEO is the old market cap. plus the funds raised through the SEO. Page 1 of 5 (d) Suppose that prior to the SEO you owned 300,000 shares of Cemtrex, so you are entitled to buy 100,000 shares at the discounted price. Compute the loss in value in the shares you owned prior to the SEO (these decreased in value from $1.30 to the new price), and show it exactly cancels out with the gain in value of the shares you bought in the rights offer for $1.06. (e) Show that your voting rights were not changes by the SEO; that is, you own the same percentage of shares outstanding before and after the SEO.

In: Finance

Brief Exercise 24-8 Answer each of the questions in the following unrelated situations. (a) The current...

Brief Exercise 24-8 Answer each of the questions in the following unrelated situations.

(a) The current ratio of a company is 5:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $529,000, what is the amount of current liabilities? Current Liabilities $

(b) A company had an average inventory last year of $185,000 and its inventory turnover was 5. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year? (Round answer to 0 decimal places, e.g. 125.) Average Inventory $

(c) A company has current assets of $98,000 (of which $43,000 is inventory and prepaid items) and current liabilities of $43,000. What is the current ratio? What is the acid-test ratio? If the company borrows $15,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimal places, e.g. 2.50.)

Current Ratio :1

Acid Test Ratio :1

New Current Ratio :1

New Acid Test Ratio :1

(d) A company has current assets of $541,000 and current liabilities of $233,000. The board of directors declares a cash dividend of $194,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimal places, e.g. 2.50.)

Current ratio after the declaration but before payment :1

Current ratio after the payment of the dividend :1

In: Accounting

Worst Buy Company has had a lot of complaints from customers of late, and its stock...

Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now only $5 per share. It is going to employ a one-for-six reverse stock split to increase the stock value. Assume Dean Smith owns 144 shares.

a. How many shares will he own after the reverse stock split? (Do not round intermediate calculations and round your answer to the nearest whole number.)
  

Number of shares   


b. What is the anticipated price of the stock after the reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places.)

Anticipated stock price


c. Because investors often have a negative reaction to a revere stock split, assume the stock only goes up to 70 percent of the value computed in part b. What will the stock’s price be? (Do not round intermediate calculations and round your answer to 2 decimal places.)

stock price   

d. How has the total value of Dean Smith’s holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price. (Input the amount as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places.)
  

Dean Smith’s holdings    decrease/increase      

In: Finance