In October 2008, legislation was enacted to end “Never Events.” Define “Never Events” and describe at least five of them. What are the ramifications of such a policy (pros and cons)
In: Nursing
The following ratios are for the Roval Co., Blue Corp., and their industry averages.
|
Roval Co. |
Blue Corp. |
Industry Average |
|
|
Current ratio |
700% |
200% |
480% |
|
Quick ratio |
180% |
100% |
230% |
|
A/R turnover |
12 times |
12 times |
6 times |
|
Return on assets |
21% |
29% |
23% |
|
Total asset turnover |
7 times |
3 times |
5 times |
Required:
a.. Explain a potential factor for the large difference between current and quick ratios of Roval, compared to differences of Blue and industry average.
b. Comment on the short-term liquidity and asset utilization ratios of the Roval and Blue, in relation to the industry averages.
c. Determine the operating profit margins of Roval, Blue, and industry.
d. Discuss the attractiveness of investment in Roval v. Blue, considering the respective profitability & turnover ratios, relative to the industry averages.
In: Accounting
Consider the case of Kuhn Co.
1. Kuhn Co. is considering a new project that will require an initial investment of $4 million. It has a target capital structure of 35% debt, 2% preferred stock, and 63% common equity. Kuhn has noncallable bonds outstanding that mature in 15 years with a face value of $1,000, an annual coupon rate of 11%, and a market price of $1555.38. The yield on the company’s current bonds is a good approximation of the yield on any new bonds that it issues. The company can sell shares of preferred stock that pay an annual dividend of $9 at a price of $95.70 per share.
Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $22.35 per share, and it is expected to pay a dividend of $2.78 at the end of next year. Flotation costs will represent 3% of the funds raised by issuing new common stock. The company is projected to grow at a constant rate of 8.7%, and they face a tax rate of 25%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places.)
In: Finance
Carla Vista Co. owns a trade name that was purchased in an
acquisition of Wildhorse Co.. The trade name has a book value of
$3,500,000, but according to IFRS, it is assessed for impairment on
an annual basis. To perform this impairment test, Carla Vista must
estimate the fair value of the trade name (using IFRS 13). It has
developed the following cash flow estimates related to the trade
name based on internal information. Each cash flow estimate
reflects Carla Vista’s estimate of annual cash flows over the next
10 years. The trade name is assumed to have no salvage value after
the 10 years. (Assume the cash flows occur at the end of each
year.)
|
Cash Flow Estimate |
Probability Assessment |
|||
| $387,500 | 20 | % | ||
| 631,500 | 50 | % | ||
| 745,000 | 30 | % | ||
Click here to view the factor table PRESENT VALUE OF 1.
Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF
1.
(a)
What is the estimated fair value of the trade name? Carla Vista
determines that the appropriate discount rate for this estimation
is 10%. (For calculation purposes, use 5 decimal places
as displayed in the factor table provided. Round final answer to 0
decimal places, e.g. 5,275.)
| Estimated fair value |
$Enter your answer in accordance to the question statement |
In: Accounting
You are the new accountant for ABC, Co. ABC, Co. is a plumbing supply and installation company.
Your boss is the President, Mr. Bigg.
As the accountant, it is your job to explain to Mr. Bigg the following accounting terms.
1. What is a chart of accounts?
2. What are adjusting journal entries?
3. What is an income statement?
Based on your course work of accounting and information systems course (ACC 4310) at your University, what would you recommend to Mr. Bigg to improve his business in regards to the following situations?
1. Accounts Receivables are billed and due at 30 days from invoice, however, most customers tend to pay up to 45 days. The company needs to improve cash flows.
2. Several customers have bounced checks and this causes issues, especially the $25.00 fee charged from the bank?
3. The company needs capital for expansion, to purchase materials, and new equipment. Why would you suggest to Mr. Bigg.
In: Accounting
Silvia and Jason would like to purchase a home with the
following monthly expenses:
Principal and interest
$980
Homeowner's insurance
$350
Real estate taxes
$265
Utilities
$205
The couple needs to have an annual gross income of at least ____ in
order to qualify for a loan if the front-end ratio requirement is
26 percent.
In: Finance
You are offered the following investment opportunity: • Invest $425 today • Receive $100 at the end of Year 1; receive $200 at the end of year 3, and receive $350 at the end of Year 6 • You want to earn a required return of 13% Required: a) Should you invest in this opportunity b) Why or Why not?
In: Finance
You are offered the following investment opportunity: • Invest $425 today • Receive $100 at the end of Year 1; receive $200 at the end of year 3, and receive $350 at the end of Year 6 • You want to earn a required return of 13% Required: a) Should you invest in this opportunity b) Why or Why not?
In: Finance
What is the difference between gross and fine motor skills? What are some of the major developmental milestones that occur in the preschool years? What types of activities can help a child to develop their gross and fine motor skills?( Child and Adolescent Development) Must be at least 350 words and PLEASE CITE ALL REFERENCES
In: Psychology
Are well-established firms or new entrants more likely to a) develop and/or b) adopt new technologies? What are some reasons for your choice?
PLEASE ANSWER IN WORD FORMAT ONLY. NO PICTURES. PLEASE ANSWER IN 350 WORDS.
Dont copy paste from website.
Thanks
Subject: Management of Technological Innovation
In: Operations Management