• Why do corporations issue convertible securities?

• What are the advantages of using restricted stock to compensate employees?

• What are the disadvantages of using restricted stock to compensate employees?

• What are some reasons that employees might prefer this type of compensation?

• Skim through the major tenets of the PwC Stock-based compensation. In March 2016, the FASB issued Accounting Standards Update (ASU) 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, which amends ASC 718. What are a few of the improvements to employee share-based payment accounting discussed in the report?

1. Table 3 (below) shows annual returns for the S&P 500 for the years 2000-2016:

Table 3: Annual Returns

Calculate:

1. The cumulative return over the 17 years;
2. The average annual return;
3. The standard deviation;
4. The Sharpe Ratio (assuming a risk free rate of 2.3% on average)

. The attached file contains the six variables. I have already attempted this answer and got it wrong. Please ignore the checkmarks.

Question
Using the information below select all of the variables that are dichotomous (i.e., two categories).

QN88

QN33

_SMOKER3

_SLEPTIM1

QN44

_RFBING5

Behavioral Risk Factor Surveillance System (BRFSS 2016) Calculated Variables
https://www.cdc.gov/brfss/annual_data/2016/pdf/2016_calculated_variables_version4.pdf
Youth Risk Behavior Surveillance System (YRBSS 2015) YRBS Data User's Guide
https://www.cdc.gov/healthyyouth/data/yrbs/pdf/2015/2015_yrbs-data-users_guide_smy_combined.pdf

The shareholders’ equity of MLS Enterprises includes $100 million of no par common stock and $200 million of 6% cumulative preferred stock. The board of directors of MLS declared cash dividends of $31 million in 2018 after paying $7 million cash dividends in both 2017 and 2016.

What is the amount of dividends common shareholders will receive in 2018?

Please show your work.

Economy of Penny-Blossom calculates price index of hair product. People in Penny-Blossom buy hair dryers, hair brushes, and hair accessories. In 2015, they bought 1 hair dryers for $30, 2 hair brushes for $10 each, and 5 hair accessories for $4 each. In 2016, they bought 1 hair dryer for $35, 3 hair brushes for $12 each, and 6 hair accessories for $5 each. Year 2015 is a base year. What is the CPI for 2016?

Question options:

On January 1, 2016, BSC Corp issued a 10-year, $10,000,000, 7% bond. The interest is payable semi-annually. The market rate of interest for companies similar to BSC is 5%. BSC uses the effective-interest amortization method.

The bond liability on BSC’s balance as of December 31, 2016 (the first year of the bond) is closest to:

A. $11,435,336

B. $11,305,500

C. $11,497,889

D. $11,558,916

Based on the same information provided above, BSC’s interest expense for December 31, 2017 (the second year of the bond) is closest to:

A. $287,447.

B. $284,280.

C. $285,452.

D. $288,973.

Hornet Motors purchased a custom-made metal press for use in repairing wrecked cars.  The press was installed on January 2, 2016. The press had a market value of $300,000. Hornet agreed to pay for the press in three equal installments beginning December 31, 2016. At the time, Hornet's incremental borrowing rate was 7%.

Required:  Compute the installment payments and prepare the three year amortization table for the note payable. Prepare the journal entries to record the purchase of the machine, the first annual payment, and the final payment on the note.

I do not understand how do you get the cash payments.

A company has a selling price of $1,800 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 2% of all printers sold will be returned under the warranty at an average cost of $150 each. During November, the company sold 30,000 printers, and 400 printers were serviced under the warranty at a total cost of $55,000. The balance in the Estimated Warranty Liability account at November 1 was $29,000.

Calculate and record the company’s warranty expense for November 2016.

What is the balance of the estimated warranty liability as of November 30, 2016? Show all work!

The following data relates to Stephanie Garner, a resident taxpayer. Stephanie derives income from a public relations business and is also a partner in a marketing business.

Required: determine Stephanie’s Taxable Income and any losses that may be carried forward  2016/2017 and 2017/2018 .