Questions
As the new Financial Manager, the CEO of King Fisher has asked you to review some...

As the new Financial Manager, the CEO of King Fisher has asked you to review some bonds. What is the price of a 15 year, semi-annual zero-coupon bond, paying $1000 at maturity if the YTM is:

8%

10%

12%

Fill in the values and show all work

In: Finance

Think of a two firms’ CEO whose leadership you admire and you think they are successful....

Think of a two firms’ CEO whose leadership you admire and you think they are successful. What is about their skills, attributes and traits that causes you to admire them. Discuss in details how successful leaders should formulate and implement strategies (450 Word)

Essay format

In: Operations Management

New laws under Dodd-Frank require companies to disclose the pay gap between the CEO and the...

New laws under Dodd-Frank require companies to disclose the pay gap between the CEO and the median employee salary.

a) Do you think this is useful information to investors?

b) Is this a diversion of valuable resources (time and money) that would better serve investors if applied elsewhere?

In: Accounting

Imagine that you are the CEO of uber. Please show us about uber international expansion: provide...

Imagine that you are the CEO of uber. Please show us about uber international expansion:

provide an overview of the international expansion for uber .

How did the uber expand globally?

How did uber expand?

What was the top obstacle or barrier of uber faced? What happened?

In: Economics

What are the current trends in the workplace related to age, gender, race, and sexual orientation...

What are the current trends in the workplace related to age, gender, race, and sexual orientation of the labor force? What does this mean for you as a young professional about the enter the job market, as well as what does it mean for you as a future manager? Maybe even a future CEO?

In: Operations Management

On Feb 1, 2019, the price of a T-bill maturing on July 31, 2019 is $96.98,...

On Feb 1, 2019, the price of a T-bill maturing on July 31, 2019 is $96.98, the price of a T-bill with maturity on Jan 31, 2020 is $97.11, and the price of a stripe with maturity on July 31 of 2020 is $97.76. A semiannual coupon treasury note that has the coupon rate 4.75% and will mature on July 31, 2020. What is the price of this T-note?

In: Finance

Concord Corporation had 129,600 shares of stock outstanding on January 1, 2020. On May 1, 2020,...

Concord Corporation had 129,600 shares of stock outstanding on January 1, 2020. On May 1, 2020, Concord issued 64,800 shares. On July 1, Concord purchased 10,560 treasury shares, which were reissued on October 1. Compute Concord’s weighted-average number of shares outstanding for 2020. Weighted-average number of shares outstanding

In: Accounting

Rolt Company began 2016 with a $120,000 balance in retained earnings. During the year, the following...

Rolt Company began 2016 with a $120,000 balance in retained earnings. During the year, the following events occurred:

  1. The company earned net income of $80,000.
  2. A material error in net income from a previous period was corrected. This error correction increased retained earnings by $9,800 after related income taxes of $4,200.
  3. Cash dividends totaling $13,000 and stock dividends totaling $17,000 were declared.
  4. One thousand shares of callable preferred stock that originally had been issued at $110 per share were recalled and retired at the beginning of 2016 for the call price of $120 per share.
  5. Treasury stock (common) was acquired at a cost of $20,000. State law requires a restriction of retained earnings in an equal amount. The company reports its retained earnings restrictions in a note to the financial statements.

Required:

1. Prepare a statement of retained earnings for the year ended December 31, 2016.

ROLT COMPANY
Statement of Retained Earnings
For Year Ended December 31, 2016
Retained earnings, as previously reported, January 1, 2016 $
Adjusted retained earnings, January 1, 2016 $
$
$
Retained earnings, December 31, 2016 $

In: Accounting

A promises a 20% discount to a customer. The colleague B knows that the customer is...

A promises a 20% discount to a customer. The colleague B knows that the customer is compensated with a huge Christmas gift every year. Your boss asks B why the price is so low? B says the truth because B does not lie. Colleague A, a family father, is terminated. Here the consequence of the statements was catastrophic for A. From a sense of fellow humanity or compassion, B would better have said nothing, right? But what if B had said nothing and because of this order the company goes into the insolvency? You don’t lie. Her colleagues claim they have acquired many new customers. Instead, they were mediated by the subsidiary. Colleagues are promoted, you are not.   

Required: (a) Determine the ethical issues and dilemmas faced by the company in this situation.

(b) Using consequentialist approach describe the actions taken by the company.

(c) Elaborate the ethical issue based on Kant’s Theory of Duty.

(d) Describe the potential solutions that the company can take to resolve this situation.

The entire answer should not be more than 1,000 words (+/- 10%) (excluding preliminary pages such as Cover Page, Table of Contents, Reference Page, Declaration and Appendix). o The Assignment should be written with the following formatting:

In: Economics

Edom Company, the lessor, enters into a lease with Davis Company to lease equipment to Davis...

Edom Company, the lessor, enters into a lease with Davis Company to lease equipment to Davis beginning January 1, 2019. The lease terms, provisions, and related events are as follows:

1. The lease term is 5 years. The lease is noncancelable and requires annual rental receipts of $100,000 to be made in advance at the beginning of each year.
2. The equipment costs $313,000. The equipment has an estimated life of 6 years and, at the end of the lease term, has a residual value of $20,000 which is guaranteed by Davis Company (the lessee).
3. Davis agrees to pay all executory costs directly to a third party.
4. The interest rate implicit in the lease is 14%.
5. The initial direct costs are insignificant and assumed to be zero.
6. It is probable that Edom will collect the lease payments.

Required:

1. Next Level Assuming that the lease is a sales-type lease, calculate the selling price.
2. Prepare a table summarizing the lease receipts and interest income earned by Edom.
3. Prepare journal entries for Edom for the years 2019 and 2020.
CHART OF ACCOUNTS
Edom Company
General Ledger
ASSETS
111 Cash
121 Accounts Receivable
122 Lease Receivable
123 Equipment Leased to Others
124 Unguaranteed Residual Asset
141 Inventory
152 Prepaid Insurance
LIABILITIES
211 Accounts Payable
231 Salaries Payable
250 Unearned Interest
251 Unearned Interest: Leases
261 Income Taxes Payable
EQUITY
311 Common Stock
331 Retained Earnings
REVENUE
411 Sales Revenue
433 Interest Income
EXPENSES
500 Cost of Goods Sold
511 Insurance Expense
512 Utilities Expense
521 Salaries Expense
532 Bad Debt Expense
540 Interest Expense
559 Miscellaneous Expenses
910 Income Tax Expense

1. Assuming that the lease is a sales-type lease, calculate the selling price.

$

2. Prepare a table summarizing the lease receipts and interest income earned by Edom.

Additional Instructions

Edom Company

Summary of Lease Payments Received and Interest Income Earned

1

Date

Annual Lease Payments Received

Interest Income at 14% on Lease Receivable

Lease Receivable

2

January 1, 2019

3

January 1, 2019

4

December 31, 2019

5

January 1, 2020

6

December 31, 2020

7

January 1, 2021

8

December 31, 2021

9

January 1, 2022

10

December 31, 2022

11

January 1, 2023

12

December 31, 2023

3a. Prepare journal entries for Edom for the year 2019.

General Journal Instructions

PAGE 1

GENERAL JOURNAL

DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT

1

2

3

4

5

6

7

8

3b. Prepare journal entries for Edom for the year 2020.

PAGE 1

GENERAL JOURNAL

DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT

1

2

3

4

In: Accounting