In: Statistics and Probability
Glen Avon Inc. specializes in the production of telecommunication satellites. The company has
a 6-month fiscal end on December 31 and June 30. In 2004 the company decides to expand their
operations and finances it by issuing 4,000 bonds at a 14% coupon rate (annual). The bonds pay
interest on October 31 and April 30, and are due on April 30, 2019.
a. (3 points) Assuming the bonds are issued on April 30, 2004 at 104, record the journal
entry(ies) for the issue.
b. (5 points) Record the proper adjusting entry(ies) for the 6-month fiscal end on June 30, 2004.
c. (4 points) Record the interest payment on October 31, 2014.
d. (8 points) On November 30, 2014, the company purchases 90 percent of the bonds back at
110 plus accrued interest. Record the proper journal entry(ies) for the repurchase.
In: Accounting
What section of the Consumer Protection Act, 2002 covers “false, misleading or deceptive representations”?
In: Economics
What type of companies have to comply with the Sarbanes-Oxley Act of 2002?
Need citation
In: Accounting
Answer the following questions in detail. Be sure to thoroughly describe each and provided examples. Use scholarly-peer reviewed journals or sources to support your response (Wikipedia, Investopedia, etc. is not acceptable sources).
How does Section 404 of the Sarbanes Oxley Act of 2002 impact small businesses? (Be sure to be concise and provide examples)
How does Section 404 of the Sarbanes Oxley Act of 2002 integrate with the audit function? (Be sure to be concise and provide examples)
In: Accounting
What is the average percentage of time that construction workers and productive according to James Adrian (2004)?
In: Civil Engineering


(a) Why do we have 96 observations for fitting this model, even though we need prior values of the response to find the change and the lagged predictor? Shouldn€™t we lose one observation from lagging the variable?
(b) How do the slope and intercept of this equation differ from those for the frst-order autoregression of the level of shipments on its lag (shown in Table 27.3)?
(c) Compare se from this regression to that of the autoregression for the level of shipments. Explain any differences or similarities.
(d) This model has a small R2 with a slope that is not statistically significant. Why is the ft of this model so poor, whereas that of the AR(1) model is so impressive?
In: Statistics and Probability
|
Statistic |
Value |
|
Cov(U,S) |
-0.025043 |
|
Var(U) |
0.034590 |
|
E(U) |
-0.001530 |
|
E(S) |
0.064267 |
|
TSS |
0.627907 |
|
RSS |
0.326368 |
In: Finance
Differentiate between management researcher and academic researcher.
In: Economics
If the spot rate S/£ is $1.3050 and the US interest rate is 3% and the UK interest rate is 4%, then one year equilibrium forward rate is
In: Finance