Questions
There are non-diversifiable risks such as the Beta risk of an asset, project or industry and;...

There are non-diversifiable risks such as the Beta risk of an asset, project or industry and; diversifiable risks that can be offset by a higher discount rate to offset them. What do you think?. Ratios, indices or financial indicators are classified into several categories and their interpretation and correct reading is essential in the diagnosis of a company or a corporation. This implies that its good calculation and use exonerates the financial analyst from using industry indicators or trying to produce financial indicators that are generally known. What do you think?. Explain why the sustainable growth rate is the highest growth rate the company can maintain without increasing its financial leverage. Some companies like Walmart have decided that they can manage their inventories on a smaller scale than before, such as the so-called "Just in time." How good, fair or bad can this measure be?

In: Finance

It appears the most of the matter in the Universe is non-luminous, IE not part of...

It appears the most of the matter in the Universe is non-luminous, IE not part of stars.

a) Describe the experimental evidence for the existence of this dark matter.

b) What is this dark matter made of, according to current thinking?

In: Physics

Glycogen is reducing or non-reducing ? If can explain the reason too ? It is a...

Glycogen is reducing or non-reducing ? If can explain the reason too ? It is a Biochemistry related question.

In: Chemistry

A particle with a charge of -60.0 nC is placed at the center of a non-conducting...

A particle with a charge of -60.0 nC is placed at the center of a non-conducting spherical shell of inner radius 20.0 cm and outer radius 25.0 cm. The spherical shell carries charge with a uniform volume density of -1.33 μC/m3. A proton moves in a circular orbit just outside the spherical shell. Calculate the speed of the proton.

In: Physics

Non-statistical sampling should not be used in auditing as it is not as reliable as statistical...

Non-statistical sampling should not be used in auditing as it is not as reliable as statistical sampling. Do you (dis)agree with the statement and why?

In: Accounting

Developing a Master Budget- Please answer the bottom bolded "ANSWERS" at the bottom. for a Merchandising...

Developing a Master Budget- Please answer the bottom bolded "ANSWERS" at the bottom.
for a Merchandising Organization
Peyton Department Store prepares budgets quarterly. The following information is available for use in planning the second quarter budgets for 2010.

PEYTON DEPARTMENT STORE
Balance Sheet
March 31, 2010
Assets Liabilities and Stockholders' Equity
Cash $2,000

Accounts payable

$26,000
Accounts receivable 25,000

Dividends payable

17,000
Inventory 30,000

Rent payable

1,000
Prepaid Insurance 2,000

Stockholders' equity

40,000
Fixtures 25,000
Total assets $84,000

Total liabilities and equity

$84,000

Actual and forecasted sales for selected months in 2010 are as follows:

Month Sales Revenue
January $80,000
February 50,000
March 40,000
April 50,000
May 60,000
June 70,000
July 90,000
August 80,000

Monthly operating expenses are as follows:

Wages and salaries $27,000
Depreciation 100
Utilities 1,000
Rent 1,000

Cash dividends of $17,000 are declared during the third month of each quarter and are paid during the first month of the following quarter. Operating expenses, except insurance, rent, and depreciation are paid as incurred. Rent is paid during the following month. The prepaid insurance is for five more months. Cost of goods sold is equal to 50 percent of sales. Ending inventories are sufficient for 120 percent of the next month's sales. Purchases during any given month are paid in full during the following month. All sales are on account, with 50 percent collected during the month of sale, 40 percent during the next month, and 10 percent during the month thereafter. Money can be borrowed and repaid in multiples of $1,000 at an interest rate of 12 percent per year. The company desires a minimum cash balance of $2,000 on the first of each month. At the time the principal is repaid, interest is paid on the portion of principal that is repaid. All borrowing is at the beginning of the month, and all repayment is at the end of the month. Money is never repaid at the end of the month it is borrowed.

(a) Prepare a purchases budget for each month of the second quarter ending June 30, 2010.

Peyton Department Store
Monthly Purchase Budget
Quarter Ending June 30, 2010
April May June Total
Budgeted purchases 31,000

36,000

47,000

114,000

(b) Prepare a cash receipts schedule for each month of the second quarter ending June 30, 2010. Do not include borrowings.

Peyton Department Store
Schedule of Monthly Cash Receipts
Quarter Ending June 30, 2010
April May June Total
Total cash receipts 46,000 54,000 64,000 164,000

(c) Prepare a cash disbursements schedule for each month of the second quarter ending June 30, 2010. Do not include repayments of borrowings.

Peyton Department Store
Schedule of Monthly Cash Disbursements
Quarter Ending June 30, 2010
April May June Total
Total cash disbursements 72,000

60,000

65,000 197,000

(d) Prepare a cash budget for each month of the second quarter ending June 30, 2010. Include budgeted borrowings and repayments.

Only use negative signs, if needed, for: excess receipts over disbursements, balance before borrowings and cash balances (beginning and ending).

Peyton Department Store
Monthly Cash Budget
Quarter Ending June 30, 2010
April May June Total
Cash balance, beginning 2000

2000

2000

6000

Receipts 46,000

54,000

64,000

164,000

Disbursements 72,000

60,000

65,00

197,000

Excess receipts over disb. -26,000

-6000

1000

-33000

Balance before borrowings -24000

-4000

1000

31000

Borrowings 26,000

6000

1000

33000

Loan repayments 0

0

0

0

Cash balance, ending 2000

2000

2000

2000

(e) Prepare an income statement for each month of the second quarter ending June 30, 2010.

Only use negative signs to show net losses in income.

Peyton Department Store
Budgeted Monthly Income Statements
Quarter Ending June 30, 2010
April May June Total
Sales 50000

60000

70000

180000

cost of sales 25000

30,000

35,000

90,000

Gross profit 25,000

30000

35,000

90,000

Operating expenses:
Wages and salaries 27000

27000

27000

81,000

Depreciation 100

100

100

300

Utilities 1000

1000

1000

3000

Rent

1000

1000

1000

3000

Insurance 400

400

400

1200

Interest Answer Answer Answer Answer
Total expenses Answer Answer Answer Answer
Net income Answer Answer Answer Answer

(f) Prepare a budgeted balance sheet as of June 30, 2010.

Peyton Department Store
Budgeted Balance Sheet
June 30, 2010
Assets Liabilities and Equity
Cash 2000 Merchandise payable 47,000
Accounts receivable 41000 Dividend payable 17000
Inventory 54000 Rent payable 1000
Prepaid insurance 800 Loans payable 33,000
Fixtures 24,700 Interest payable Answer
Total assets 122500 Stockholders' equity Answer
Total liab. & equity 122500

i cant figure out answers at the bottom including interest, stockholders equity, total liabilities, etc.

the answers i need assistance with are filled in with the word answer and are bolded

In: Accounting

Broussard Skateboard's sales are expected to increase by 20% from $7.2 million in 2018 to $8.64...

Broussard Skateboard's sales are expected to increase by 20% from $7.2 million in 2018 to $8.64 million in 2019. Its assets totaled $6 million at the end of 2018.
Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2018, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 65%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar.

In: Finance

Patton Company purchased $1,500,000 of 10% bonds of Scott Company on January 1, 2018, paying $1,410,375....

Patton Company purchased $1,500,000 of 10% bonds of Scott Company on January 1, 2018, paying $1,410,375. The bonds mature January 1, 2028; interest is payable each July 1 and January 1. The discount of $89,625 provides an effective yield of 11%. Patton Company uses the effective-interest method and plans to hold these bonds to maturity.

*USE T ACCOUNTS

On July 1, 2018, Patton Company should increase its Debt Investments account for the Scott Company bonds by?

For the year ended December 31, 2018, Patton Company should report interest revenue from the Scott Company bonds of?

In: Accounting

On October 1, 2018, the Allegheny Corporation purchased machinery for $191,000. The estimated service life of...

On October 1, 2018, the Allegheny Corporation purchased machinery for $191,000. The estimated service life of the machinery is 10 years and the estimated residual value is $4,000. The machine is expected to produce 340,000 units during its life.

Required:
Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service.

1. Straight line.
2. Sum-of-the-years’-digits.
3. Double-declining balance.
4. One hundred fifty percent declining balance.
5. Units of production (units produced in 2018, 17,000; units produced in 2019, 32,000).

In: Accounting

At the beginning of 2018, Quentin and Kopps (Q&K) adopted the dollar-value LIFO (DVL) inventory method....

At the beginning of 2018, Quentin and Kopps (Q&K) adopted the dollar-value LIFO (DVL) inventory method. On that date the value of its one inventory pool was $81,000. The company uses an internally generated cost index to convert ending inventory to base year.


Required:
Determine the missing amounts in the inventory data for 2018 through 2021.

Year Ended Ending Inventory At Ending Inventory At Ending Inventory At
31-Dec Year-End Costs Base Year Costs Cost Index DVL Cost
2018 $                     95,550.00 $                     91,000.00 1.05
2019 $                   134,520.00 1.10
2020 $                   146,640.00 $                   122,200.00
2021 1.25 $                    130,820.00

In: Accounting