The following data were collected on the yearly registration for a six sigma seminar at the University of Malaya

a. Calculate a 3-year moving average to forecast registration from year 4 to year 11.

1. Write a mission statement for yourself that incorporates your values.
Write a vision statement for yourself.

2. Define 3 careers and/or educational goals after graduating from University.

3. List 3 key questions that guide your choices. (These are essential questions that serve as touchstones to direct your life and work)

Each question around 200 words and full sentences please

On December 31, Year 1, Precision Manufacturing Inc. (PMI) of Edmonton purchased 100% of the outstanding ordinary shares of Sandora Corp. of Flint, Michigan.

Sandora’s comparative statement of financial position and Year 2 income statement are as follows:

Additional Information

• Exchange rates

• Sandora declared and paid dividends on September 30, Year 2.
• The inventories on hand on December 31, Year 2, were purchased when the exchange rate was US$1 = C$1.06.

  Assume that Sandora's functional currency is the U.S. dollar:

  (i) Calculate the Year 2 exchange gain (loss) that would result from the translation of Sandora's financial statements and would be reported in other comprehensive income. (Input all amounts as positive value. Omit currency symbol in your response.)

  (Click to select)  Exchange gain  Exchange loss             C$

  (ii) Translate the Year 2 financial statements into Canadian dollars. (Round the values in the "Rate" column to 2 decimal places. Loss amounts should be indicated with a minus sign. Input all other amounts as positive values. Omit currency symbol in your response.)

  Income Statement - Year 2
  	US$		Rate	C$
  Sales	30,000,000	×
  Cost of purchases	23,400,000	×
  Change in inventory	600,000	×
  Depreciation expense	700,000	×
  Other expenses	3,800,000	×
  Total	28,500,000
  Profit	1,500,000	×
  Other comprehensive  (Click to select)  income  loss  − unrealized exchange  (Click to select)  gain  loss
  (Click to select)  Comprehensive loss  Comprehensive income

  
  

  Retained Earnings Statement - Year 2
  	US$		Rate	C$
  Bal. Jan 1	7,000,000	×
  Profit	1,500,000	×
  	8,500,000
  Dividends	1,020,000	×
  Bal. Dec 31	7,480,000

  
  

  Statement of Financial Position - December 31, Year 2
  	US$		Rate	C$
  Plant and equipment (net)	6,600,000	×
  Inventory	5,700,000	×
  Accounts receivable	6,100,000	×
  Cash	780,000	×
  	19,180,000
  Ordinary shares	5,000,000	×
  Retained earnings	7,480,000
  Accumulated foreign exchange adjustments
  Bonds payable	4,800,000	×
  Current liabilities	1,900,000	×
  	19,180,000

Bumblebee Company estimates that 318,000 direct labor hours will be worked during the coming year, 2020, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year.

It is estimated that direct labor hours worked each month will range from 22,500 to 33,900 hours.

During October, 22,500 direct labor hours were worked and the following overhead costs were incurred.

Fixed overhead costs: Supervision $7,830, Depreciation $5,760, Insurance $2,510, Rent $1,730, and Property taxes $1,120.

Variable overhead costs: Indirect labor $11,890, Indirect materials, $5,920, Repairs $2,170, Utilities $3,775, and Lubricants $1,415.

(a) Prepare a monthly manufacturing overhead flexible budget for each increment of 3,800 direct labor hours over the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.)

Question 1 (1 point)

Equity-method investments (20%-50% ownership) are generally shown at their fair market value on the Balance Sheet.

A: True

B: False

Question 2 (1 point)

For Equity-Method investments (20-50% ownership), dividends received from the investee company will result in the following journal entry:

A: Dr. Cash and Cr. Investment

B: Dr. Investment and Cr. Cash

C: Dr. Investment and Cr. Dividend Revenue

D: Dr. Cash and Cr. Dividend Revenue

Question 3 (1 point)

On 1/1/20, Hershey Corporation purchases 20,000 of the 60,000 outstanding shares of CC Confectioneer for $40 per share. During 2020, CC Confectioneer reports net income of $600,000 and pays total dividends to common shareholders of $300,000. Hershey's 2020 pre-tax Net Income will be ________ because of this investment.

A: $600,000 higher

B: $200,000 higher

C: $100,000 higher

D: $300,000 higher

Question 4 (1 point)

There is usually more uncertainty about the accuracy of Level 3 investment valuations than Level 1 investment valuations.

A: True

B: False

The following data were taken from the records of Vaughn Company for the fiscal year ended June 30, 2020.

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

Prepare an income statement through gross profit.

Prepare the current assets section of the balance sheet at June 30, 2020. (List Current Assets in order of liquidity.)

Consider the following information which relates to dividends per share (DPS) for a given company:

Today, we are in 2020. Management is in the process of deciding whether to expand or not to expand the firm’s branches. Below, is a set of inputs associated with each scenario:

Scenario #1 – Do Not Expand: Dividend by the end of 2020 is expected to grow at the historical annual growth rate for the period 2015−2019, which is currently undetermined. This period adds up to four years based upon starting at time zero. Once determined, this rate is expected to continue in the future. Under this scenario, the required return on common stock is 14.36%.

Scenario #2 – Expand: Dividend in 2021 is expected to be $2.13 per share, which will grow at an annual rate of 14.12% for two years (2022 and 2023), and then, the dividend would grow at the same unknown rate in the first scenario from 2024 thereafter. Under this scenario, the required return on common stock is 17.58%.

Required: What is the dollar difference in the present value per share of common stock between both scenarios?

Consider the following information which relates to dividends per share (DPS) for a given company:

Today, we are in 2020. Management is in the process of deciding whether to expand or not to expand the firm’s branches. Below, is a set of inputs associated with each scenario:

Scenario #1 – Do Not Expand: Dividend by the end of 2020 is expected to grow at the historical annual growth rate for the period 2015−2019, which is currently undetermined. This period adds up to four years based upon starting at time zero. Once determined, this rate is expected to continue in the future. Under this scenario, the required return on common stock is 14.49%.

Scenario #2 – Expand: Dividend in 2021 is expected to be $2.17 per share, which will grow at an annual rate of 14.42% for two years (2022 and 2023), and then, the divided would grow at the same unknown rate in the first scenario from 2024 thereafter. Under this scenario, the required return on common stock is 16.65%.

Required: What is the dollar difference in the present value per share of common stock between both scenarios?

Consider the following information which relates to dividends per share (DPS) for a given company:

Today, we are in 2020. Management is in the process of deciding whether to expand or not to expand the firm’s branches. Below, is a set of inputs associated with each scenario:

Scenario #1 – Do Not Expand: Dividend by the end of 2020 is expected to grow at the historical annual growth rate for the period 2015−2019, which is currently undetermined. This period adds up to four years based upon starting at time zero. Once determined, this rate is expected to continue in the future. Under this scenario, the required return on common stock is 14.36%.

Scenario #2 – Expand: Dividend in 2021 is expected to be $2.13 per share, which will grow at an annual rate of 14.12% for two years (2022 and 2023), and then, the divided would grow at the same unknown rate in the first scenario from 2024 thereafter. Under this scenario, the required return on common stock is 17.58%.

Required: What is the dollar difference in the present value per share of common stock between both scenarios?