Georgia Movie Company has a capital structure with 50.00% debt and 50.00% equity. The cost of debt for the firm is 9.00%, while the cost of equity is 12.00%. The tax rate facing the firm is 35.00%. The firm is considering opening a new theater chain in a local college town. The project is expected to cost $12.00 million to initiate in year 0. Georgia Movie expects cash flows in the first year to be $2.62 million, and it also expects cash flows from the movie operation to increase by 4.00% each year going forward. The company wants to examine the project over a 11.00-year period.

What is the WACC for this project?

What is the NPV of this project? (express answer in millions, so 1,000,000 would be 1.00)

EXERCISE 4‐2 Workpaper Eliminating Entries, Cost Method LO 5 Park Company purchased 90% of the stock of Salt Company on January 1, 2019, for $465,000, an amount equal to $15,000 in excess of the book value of equity acquired. This excess payment relates to an undervaluation of Salt Company's land. On the date of purchase, Salt Company's retained earnings balance was $50,000. The remainder of the stockholders' equity consists of no‐par common stock. During 2023, Salt Company declared dividends in the amount of $10,000, and reported net income of $40,000. The retained earnings balance of Salt Company on December 31, 2022, was $160,000. Park Company uses the cost method to record its investment. Required: Prepare in general journal form the workpaper entries that would be made in the preparation of a consolidated statements workpaper on December 31, 2023.

What are project management concepts that have been implemented by a construction manager, owner, or general contractor as specifically engaged to control budget, schedule, or cost on a project?

What type of owners manage projects directly, without an independent construction manager or project manager?

What are the experience requirements for contractors, site managers, or superintendents?

What are typical education requirements to be a construction project manager?

this is for a project management assigment and it is about the development of a public park and wich is funded by the city

the assigment requires that the table be filed out

[Project Name] united park Communication Plan

Project Manager: jhon oliver

This communication plan describes our strategy for keeping the project’s stakeholders sufficiently informed to avoid any disappointment regarding cost, schedule, or quality goals.

Dantley's Furniture manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $230 per table, consisting of 85% variable costs and 15% fixed costs. The company has surplus capacity available. It is Back​ Forrest's policy to add 55% markup to full costs. A large hotel chain is currently expanding and has decided to decorate all new hotels using the rustic style.​ Dantley's Furniture Incorporated is invited to submit a bid to the hotel chain. What is the lowest price per unit​ Dantley's Furniture should bid on this long- term order ?

Choices : A. $230

B. $196

C. $357

D. $161

3. Smith’s bid of $542,000 was the lowest on a construction project that was advertised. The cost of the largest construction contract which Smith had previously performed was $78,000. What should the owner do to determine whether or not to let the contract to Smith?

In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years. (Do not round intermediate calculations. Loss amounts should be indicated with a minus sign.)

On July 1, 2014, Stuffing Inc. entered into a contract to build the longest ever Thanksgiving table. It is estimated that the table will cost $6,000,000 and will take 3 years to complete. The contract price was $7,800,000. The following information pertains to the construction period.

2014                            2015                           2016

Costs to date                                       $2,000,000                  $4,060,000                  $6,200,000

Estimated costs to complete               $4,000,000                 $1,740,000                  –0–        

Progress billings to date                     $1,200,000                 $4,800,000                  $7,800,000    

Cash collected to date                         $900,000                     $4,200,000                  $7,680,000

(a) Compute the amount of gross profit to be recognized each year, assuming the percentage-of completion method is used.

(b) Prepare all necessary journal entries for 2016.

(c) Prepare a partial balance sheet for December 31, 2015, showing the balances in the receivables and inventory accounts.

Required information

[The following information applies to the questions displayed below.]
  
In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

3. Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to the contract. (Do not round intermediate calculations.)