Questions
B- In light of your study of the course subjects and your readings through the Internet...

B- In light of your study of the course subjects and your readings through the Internet and/or the university e-library, Provide examples from the real world for successful and unsuccessful mergers and acquisitions cases in recent years and state the specific reasons behind their success or failure. (Do not provide general reasons behind success or failure & only one example should be provided for each case).

In: Accounting

B- In light of your study of the course subjects and your readings through the Internet...

B- In light of your study of the course subjects and your readings through the Internet and/or the university e-library, Provide examples from the real world for successful and unsuccessful mergers and acquisitions cases in recent years and state the specific reasons behind their success or failure.

(Do not provide general reasons behind success or failure & only one example should be provided for each case).

In: Accounting

Knowing Your Population Using data gathered from the text, South University Online Library resources, and websites,...

  • Knowing Your Population

Using data gathered from the text, South University Online Library resources, and websites, create an outline of the entire research paper or internship proposal you will submit for the class.

On the basis of your research, create a 2- to 3-page report:

  • Explaining how you will research components of the data required in the paper portion of the appendix of the Capstone handbook

In: Nursing

Consider a cofee shop located at XYZ University, which is managed by a student association. Some...

Consider a cofee shop located at XYZ University, which is managed by a student association. Some students work as a manager, in the kitchen, customer service etc. You can consider all students workers as a general term "student_employee."

Design a UML class for "student-employee," code in C#, create two sample objects ans ahow ingeritances from student to the student_employee.

In: Computer Science

The following is some information on the LILAN holdings LTD

The following is some information on the LILAN holdings LTD, a conglomerate of retail, manufacturing, and logistics companies:


Position

Name

Additional Info

Chairman of the board

Lukas Joseph

The CEO of the company

Director male

Bongani Joseph

Brother of Lukas

Director male

Johnny Shapang

Son in law of Bongani

Director female

Lilian Grade

Director on 3 other boards of retail companies

Director male

James Haufiku

Respected Community pastor.

Lawyers

Hambelela Paulus and partners

These are the lawyers of the company. The lawyers own 35% of the shares in LILAN holdings

Company secretary Auditors

Julian Paulus

Every cent matters

Spouse of Hambelela Paulus Every cent matters also provides accounting services to LILAN Holdings

All the directors and chair serve on the committees which are the audit and remuneration committees.

Please comment on any concerns you may have in terms of Namcode, Companies act and Code of Professional conduct. 

In: Accounting

You work in a Finance department and are asked to analyze the economics of an existing...

You work in a Finance department and are asked to analyze the economics of an existing jet, which would be retired in four years. A new jet is purchased each time a jet is retired because the CEO travels regularly. If other managers use the existing jet, the company would save $1,000,000 each year on commercial airline flights, however, operating costs (e.g. fuel, maintenance) for the existing jet would be $700,000 greater each year, and the jet would need to be replaced at the end of three years instead of four. Assume the company does not pay taxes. The opportunity cost of capital is 8%. Assume a new jet costs $10 million and has a life of ten years. Assume GE would not allow other managers to use a new jet.

Should the company allow other officers to use the existing jet (i.e. allow managers to use the existing jet for three years, but not use the new jet)?

In: Finance

You have been hired as a staff accountant by a small company that recently completed an...

You have been hired as a staff accountant by a small company that recently completed an initial public offering (IPO) of its common stock. At its inception, the company had been financed by Pegasus, an investment group. Pegasus had bought a significant amount of the company’s debt (equal to a third of its total assets) in the form of convertible bonds. The stock price has appreciated significant since the IPO, and Pegasus has decided to convert its debt securities into equity, giving Pegasus a 28% stake in the company. Your CEO, Dane Hathaway, argues that this conversion should not be reported on the cash flow statement. “It didn’t involve any cash both way, and it’s not like the structure of our business has changed. We haven’t increased or changed our fixed assets, and we haven’t given anything up.”

Research the appropriate Codification and prepare a business memo explaining whether Dane's reasoning is correct and citing your references.

In: Accounting

At the most recent strategic planning meeting, the board of directors of your company has voted...

At the most recent strategic planning meeting, the board of directors of your company has voted to issue additional stock to raise capital for major expansions for the company in the next five years. The board is considering $5 billion. Take the most recent financial statements and prepare a set of projected financial statements based on the given assumptions. The CEO requests that you prepare a written report (including the financial statements) for her. The company is Starbucks.

Generate a projected income statement based on the given scenario. Analyze the impact on the income statement based on the given scenario.

Generate a projected statement of retained earnings based on the given scenario. Analyze the impact on the statement of retained earnings based on the given scenario.

Generate a projected balance sheet based on the given scenario. Analyze the impact on the balance sheet based on the given scenario.

Generate a projected cash flow statement based on the given scenario. Analyze the impact on the cash flow statement based on the given scenario.

.

In: Accounting

In 2000, the high flying company Enron completely collapsed taking venerable accounting and audit firm Arthur...



In 2000, the high flying company Enron completely collapsed taking venerable accounting and audit firm Arthur Anderson along with it. There were some warning signs, but right up to the end, an examination of the company’s financial statements showed a healthy company with no reason to be concerned. Of course, the numbers were fiction, as were many of the operations of the company itself. This meltdown ultimately led to passage of the Sarbanes- Oxley Act of 2002, which requires the CEO, CFO, CIO and all of their supporting managers to certify that the financial information being reported is correct and accurate. Penalties for failure to comply are severe.

Plato wrote of the analogy of the Cave – prisoner’s only experience of reality is what they see reflected in the shadows on the blank wall in front of them. Think about the financial statements discussed above. How are they real and how are they simply reflected shadows? And if they are simply reflected shadows, what do we need to do as managers to ensure that they are an accurate reflection of the business, and not just a shadow?

In: Accounting

Question 4 (25 marks) Trevor Car was so impressed with your work on the bonds question...

Question 4
Trevor Car was so impressed with your work on the bonds question that you were promoted after only 1 month with the company. You are now Director of Finance and are tasked with evaluating business proposals for clients. Your base salary is $194,000 per year.
The following information was made available to you in order to evaluate a project for the company’s new client.

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Forecasted Unit Sold

35,000

85,000

95,000

156,000

225,000

199,000

Fixed Costs

410,000

400,000

400,000

400,000

400,000

400,000

This project will run for six years and will require an initial investment of $16,000,000 for new equipment. At the end of the six years, this equipment can be sold for $600,000. The initial working capital required will be Inventory of 2,000,000, Accounts Receivable of $1,000,000 and Accounts Payable of $1,000,000.
You have contacted CRA and determined that the asset class for this equipment is Class 6 (see table below for CCA rates). You also confirm that the company’s tax rate is 35%.



The company forecasts that they can sell their new products at a price of $225, and that the variable cost of each unit sold is $125.
The required rate of return for this project is 32%
You have been asked to calculate the NPV and IRR of this project. As you have graduated with a BBA from Yorkville, this should not be very difficult for you. Trevor Car has promised you another promotion if you are able to solve this. Show ALL YOUR WORK.
You recently got a call from Bill Sing and he tells you that he cannot find a job. Bill regrets how he acted during his time at Yorkville University. He now understands that cheating and plagiarizing on his exams was not appropriate and hurt him in the long run. Using websites like Course Hero and Chegg are not an ethical way for students to conduct themselves. Bill has decided to go back to Yorkville University and has pledged to never cheat on an exam again.

In: Finance