Questions
Why did the Democratic Party files suit alleging conspiracy by Trump campaign, Russia, WikiLeaks to sway...

Why did the Democratic Party files suit alleging conspiracy by Trump campaign, Russia, WikiLeaks to sway 2016 election?

In: Operations Management

What is the intution in Thomas Sampsons paper from 2016 "DYNAMIC SELECTION: AN IDEA FLOWS THEORY...

What is the intution in Thomas Sampsons paper from 2016 "DYNAMIC SELECTION: AN IDEA FLOWS THEORY OF
ENTRY, TRADE, AND GROWTH".

In: Economics

Year Return 2013 0.24 2014 0.14 2015 0.16 2016 0.08 Find the geometric expected return for...

Year Return

2013 0.24

2014 0.14

2015 0.16

2016 0.08

Find the geometric expected return for this asset.

In: Finance

Explain how the apoptotic pathway can be activated when TNF binds to its receptor? Name and...

Explain how the apoptotic pathway can be activated when TNF binds to its receptor? Name and explain any relevant proteins.

Name a cancer specific pathway drug/treatment and explain its mechanism.  

In: Biology

In innate immune response, a) How is the virus recognized by the host? Explain and name...

In innate immune response,

a) How is the virus recognized by the host? Explain and name the cells/receptors involved

b) What signaling pathways are triggered? Name and explain the major pathways needed to mount an antiviral response.

In: Biology

Find a good beneficial company, historical background such as: destinations, financial information overall on the company....

Find a good beneficial company, historical background such as: destinations, financial information overall on the company. Could be big, little, domestic, international. What is the name od this company, address, CFO name. Why was it selected?

In: Finance

Question 6: Recommend/ Explain a program that takes the information of 40 students in following order...

Question 6: Recommend/ Explain a program that takes the information of 40 students in following order
Name:

Father Name:

Enrollment number:

Date of birth:

After taking the information of the students, it then displays the entered information.

In: Electrical Engineering

Endocrine System Oral anti diabetic drug (Glicazide) Instructions: Identify the drug category Identify both Brand name...

Endocrine System Oral anti diabetic drug (Glicazide)

Instructions:

Identify the drug category

Identify both Brand name and Generic Name

Drug Action

Therapeutic effects

Dosages

Routes

Side effects

In: Nursing

Problem 11-10 Martinez Corporation, a manufacturer of steel products, began operations on October 1, 2016. The...

Problem 11-10

Martinez Corporation, a manufacturer of steel products, began operations on October 1, 2016. The accounting department of Martinez has started the fixed-asset and depreciation schedule presented below. You have been asked to assist in completing this schedule. In addition to ascertaining that the data already on the schedule are correct, you have obtained the following information from the company’s records and personnel.

1. Depreciation is computed from the first of the month of acquisition to the first of the month of disposition.
2. Land A and Building A were acquired from a predecessor corporation. Martinez paid $844,000 for the land and building together. At the time of acquisition, the land had an appraised value of $86,100, and the building had an appraised value of $774,900.
3. Land B was acquired on October 2, 2016, in exchange for 2,600 newly issued shares of Martinez’s common stock. At the date of acquisition, the stock had a par value of $5 per share and a fair value of $28 per share. During October 2016, Martinez paid $15,300 to demolish an existing building on this land so it could construct a new building.
4. Construction of Building B on the newly acquired land began on October 1, 2017. By September 30, 2018, Martinez had paid $307,000 of the estimated total construction costs of $428,900. It is estimated that the building will be completed and occupied by July 2019.
5. Certain equipment was donated to the corporation by a local university. An independent appraisal of the equipment when donated placed the fair value at $38,900 and the salvage value at $2,700.
6. Machinery A’s total cost of $181,800 includes installation expense of $540 and normal repairs and maintenance of $14,400. Salvage value is estimated at $6,500. Machinery A was sold on February 1, 2018.
7. On October 1, 2017, Machinery B was acquired with a down payment of $5,280 and the remaining payments to be made in 11 annual installments of $5,540 each beginning October 1, 2017. The prevailing interest rate was 8%. The following data were abstracted from present value tables (rounded).

Present value
of $1.00 at 8%

Present value
of an ordinary annuity
of $1.00 at 8%

10 years 0.463 10 years 6.710
11 years 0.429 11 years 7.139
15 years 0.315 15 years 8.559


Complete the schedule below. (Round answers to 0 decimal places, e.g. 45,892.)

Assets

Acquisition Date

Cost Salvage

Depreciation Method

Estimated Life in Years

2017 2018
Land A
October 1, 2016
(1)
$___
N/A
N/A
N/A
N/A
N/A
Building A
October 1, 2016
(2)
___
$43,400
Straight-line
(3) ___
$14,616
(4) ___
Land B
October 2, 2016
(5)
___
N/A
N/A
N/A
N/A
N/A
Building B
Under Construction
$307,000 to date
Straight-line
30 __ (6) ___
Donated Equipment
October 2, 2016
(7)
___
2,700
150% declining-balance
10 (8) ___ (9) ___
Machinery A
October 2, 2016
(10)
___
6,500
Sum-of-the-years'-digits
8 (11) ___

(12) ___

Machinery B
October 1, 2017
(13)
___
Straight-line
20 __ (14) ___

In: Accounting

Krogh Lumber: Balance Sheet as of December 31, 2016 (Thousands of Dollars) Cash $1,800 Accounts payable...

Krogh Lumber: Balance Sheet as of December 31, 2016 (Thousands of Dollars)
Cash $1,800 Accounts payable $7,200
Receivables 10,800 Notes payable 3,472
Inventories 12,600 Accrued liabilities 2,520
Total current assets $25,200 Total current liabilities $13,192
Mortgage bonds 5,000
Net fixed assets 21,600 Common stock 2,000
Retained earnings 26,608
Total assets $46,800 Total liabilities and equity $46,800


Krogh Lumber: Income Statement for December 31, 2016 (Thousands of Dollars)
Sales $36,000
Operating costs including depreciation 30,783
Earnings before interest and taxes $5,217
Interest 1,017
Earnings before taxes $4,200
Taxes (40%) 1,680
Net income $2,520
Dividends (60%) $1,512
Addition to retained earnings $1,008
  1. Assume that the company was operating at full capacity in 2016 with regard to all items except fixed assets; fixed assets in 2016 were being utilized to only 64% of capacity. By what percentage could 2017 sales increase over 2016 sales without the need for an increase in fixed assets? Round your answer to two decimal places.
    %

  2. Now suppose 2017 sales increase by 25% over 2016 sales. Assume that Krogh cannot sell any fixed assets. All assets other than fixed assets will grow at the same rate as sales; however, after reviewing industry averages, the firm would like to reduce its operating costs/sales ratio to 80% and increase its total liabilities-to-assets ratio to 42%. The firm will maintain its 60% dividend payout ratio, and it currently has 1 million shares outstanding. The firm plans to raise 35% of its 2017 forecasted interest-bearing debt as notes payable, and it will issue bonds for the remainder. The firm forecasts that its before-tax cost of debt (which includes both short- and long-term debt) is 10.5%. Any stock issuances or repurchases will be made at the firm's current stock price of $40. Develop Krogh's projected financial statements. What are the balances of notes payable, bonds, common stock, and retained earnings? Round your answers to the nearest hundredth of thousand of dollars.
    Krogh Lumber Pro Forma Income Statement December 31, 2017 (Thousands of Dollars)
    2016 2017
    Sales $36,000 $
    Operating costs (includes depreciation) 30,783
    EBIT $5,217 $
    Interest expense 1,017
    EBT $4,200 $
    Taxes (40%) 1,680
    Net Income $2,520 $
    Dividends $1,512 $
    Addition to RE $1,008 $
    Krogh Lumber Pro Forma Balance Statement December 31, 2017 (Thousands of Dollars)
    2016 2017
    Assets
    Cash $1,800 $
    Accounts receivable 10,800
    Inventories 12,600
    Fixed assets 21,600
    Total assets $46,800 $
    Liabilities and Equity
    Payables + accruals $9,720 $
    Short-term bank loans 3,472
      Total current liabilities $13,192 $
    Long-term bonds 5,000
      Total liabilities $18,192 $
    Common stock 2,000
    Retained earnings 26,608
      Total common equity $28,608 $
    Total liab. and equity $46,800 $

In: Accounting