Questions
Early in 2010, Danielle, the chief financial officer for Sam Manufacturing, was given the task of...

Early in 2010, Danielle, the chief financial officer for Sam Manufacturing, was given the task of assessing the impact of a proposed risky investment on the firm’s stock value. To perform the necessary analysis, Danielle gathered the following information on the firm’s stock. During the immediate past 5 years (2005–2009), the annual dividends paid on the firm’s common stock were as follows:

Year

Dividend per share

2009

$2.90

2008

2.70

2007

2.55

2006

2.40

2005

2.30

Currently, the required return on the common stock is 15%. Danielle’s research indicates that if the proposed investment is undertaken, the 2010 dividend will rise and the annual rate of dividend growth will increase to 14%. She feels that in the best case, the dividend would continue to grow at this rate each year into the future and that in the worst case, the 14% annual rate of growth in dividends would continue only through 2012, and then, at the beginning of 2013, would return to the rate that was experienced between 2005 and 2009. As a result of the increased risk associated with the proposed risky investment, the required return on the common stock is expected to increase by 3% to an annual rate of 18%, regardless of which dividend growth outcome occurs.

Armed with the preceding information, Danielle must now assess the impact of the proposed risky investment on the market value of Sam’s stock. To simplify her calculations, she plans to round the historical growth rate in common stock dividends to the nearest whole percent.

Required

a. Find the current value per share of Sam Manufacturing’s common stock.

b. Find the value of Sam’s common stock in the event that it undertakes the proposed risky investment and assuming that the dividend growth rate stays at 14% forever. Compare this value to that found in part a. What effect would the proposed investment have on the firm’s stockholders? Explain.

c. On the basis of your findings in part b, do the stockholders win or lose as a result of undertaking the proposed risky investment? Should the firm do it? Why?

d. Rework parts b and c assuming that at the beginning of 2013 the annual dividend growth rate returns to the rate experienced between 2005 and 2009.

In: Finance

Please do it by type not pics. The Early Break Restaurant (EBR) is a privately owned...

Please do it by type not pics.

The Early Break Restaurant (EBR) is a privately owned restaurant open seven days a week from 5:00 AM to 2:00 PM. EBR specializes in breakfast and lunch. It is owned and operated by Rose Marie. Rose acts as hostess (seating customers, maintaining a waiting list) and the only cashier. Her trusted friend, Morey Fennel, is the restaurant manager.  

Morey also prepares a weekly list of supplies that are needed by EBR and verifies each vendor order when it is delivered. Morey is very particular about these supplies and does not hesitate to have items returned to vendors. Sally's nephew, Andy, makes all the needed entries in the accounting information system (AIS). Rose seats customers at tables and servers greet customers and ultimately take their orders.  

The servers write customer orders on paper tickets which they bring to the kitchen for the line cooks to use in preparing the food. When the order is ready, the server picks up the food and the paper ticket. The server delivers the food, totals the ticket and when the customer is ready leaves it with the customer at the table. When ready to leave, the customer takes the ticket to Rose at the cash register. Rose takes the ticket, enters it into the cash register, takes the customer’s payment and makes the change as needed. On very rare occasions a customer refuses to pay all or part of their ticket due to perceived poor service or food. Rose writes the amount of the discount or nonpayment on the ticket.

  

At the end of the day, Andy makes all needed entries in the accounting information system and prepares a bank deposit daily which Rose takes to the bank.  

Morey prepares a list of inventory to order each week and gives it to Andy who places the order and records it in the accounting information system. When the order arrives from the vendor, Morey does a physical count of the items received and verifies this count to the delivery list or packing list. Morey inspects each of the items for quality and on occasion requests that received items be returned to the vendor. When this happens, he completes an item return form and places the items to be returned in a special place in the cooler or storeroom. The physical count, verified packing/delivery list, any discrepancies, and an item return form (if there is one) are left in the office for Rob. If there is an item return form, Andy contacts the vendor for permission to return the item. When the invoice arrives, Andy compares the invoice to the annotated packing or delivery list done by Buddy. He notifies the vendor of any needed changes to the invoice (e.g., return not reflected or a vendor mistake in the order) and prepares the check to make payment and makes all the needed entries in the accounting information system. After Rose signs the check, Andy mails it to the vendor.

1.Focusing on the revenue cycle, identify the sub-processes found in the Early Break Restaurant case?

2.For each of the revenue sub-processes identified list the activities that make up that sub-process, list activities in order of performance?

In: Accounting

Emerald Bank Limited (EBL) is one of the established Islamic banks in Malaysia. In early this...

Emerald Bank Limited (EBL) is one of the established Islamic banks in Malaysia. In early
this year, EBL has been awarded “The Best Performance Institution in Shari’ah-
Compliant” and “The Top Customer Service Bank”.
Its employees are well-trained, not only in Shari’ah and operational aspects, but also in
business ethics and customer service.
Other than registering excellence performance in its core banking business activities, EBL
is also well-known with its involvement in corporate social responsibility (CSR) activities.
a) Brands vary in the amount of power and value they have in the marketplace. What is
the brand equity?
b) By upholding and practicing truthfulness, honesty, transparency and professionalism
in marketing as what has been committed by EBL; an Islamic Financial Institution (IFI)
will be able to develop a favorable brand. Discuss TWO (2) positive outcomes that a
strong brand can secure economic sustainability not only for the institution but also for
the ummah. Give relevant examples for each outcome on its impact to the welfare of
the ummah.
c) Based on the four types of Corporate Social Responsibility (CSR), suggest by giving
examples how EBL can integrate its CSR activities in its marketing strategies.

In: Economics

In the early part of 2018, the partners of Hugh, Jacobs, and Thomas sought assistance from...

In the early part of 2018, the partners of Hugh, Jacobs, and Thomas sought assistance from a local accountant. They had begun a new business in 2017 but had never used an accountant’s services.

Hugh and Jacobs began the partnership by contributing $80,000 and $30,000 in cash, respectively. Hugh was to work occasionally at the business, and Jacobs was to be employed full-time. They decided that year-end profits and losses should be assigned as follows:

Each partner was to be allocated 10 percent interest computed on the beginning capital balances for the period.

A compensation allowance of $5,000 was to go to Hugh with a $20,000 amount assigned to Jacobs.

Any remaining income would be split on a 4:6 basis to Hugh and Jacobs, respectively.

  

In 2017, revenues totaled $90,000, and expenses were $64,000 (not including the partners’ compensation allowance). Hugh withdrew cash of $8,000 during the year, and Jacobs took out $11,000. In addition, the business paid $5,000 for repairs made to Hugh’s home and charged it to repair expense.

On January 1, 2018, the partnership sold a 20 percent interest to Thomas for $43,000 cash. This money was contributed to the business with the bonus method used for accounting purposes.

What journal entries should the partnership have recorded on December 31, 2017?

What journal entry should the partnership have recorded on January 1, 2018?

1. Record entry to reclassify payment made to repair personal residence.

2. Record entry to close drawings accounts for 2017.

3. Record entry to close revenue and expense accounts for 2017.

4. Record the distribution of net income to partners.

In: Accounting

Highsmith Rental Company purchased an apartment building early in 2021. There are 20 apartments in the...

Highsmith Rental Company purchased an apartment building early in 2021. There are 20 apartments in the building and each is furnished with major kitchen appliances. The company has decided to use the group depreciation method for the appliances. The following data are available:

Appliance Cost Residual Value Service Life
(in Years)
Stoves $ 45,000 $ 3,000 6
Refrigerators 40,000 7,000 5
Dishwashers 38,000 6,000 4


In 2024, four new refrigerators costing $4,200 were purchased for cash. In that same year, the old refrigerators, which originally cost $4,500, were sold for $1,700.

Required:
1. Calculate the group depreciation rate, group life, and depreciation for 2021.
2. Prepare the journal entries to record the purchase of the new refrigerators and the sale of the old refrigerators.

  • Required 1
  • Required 2

Calculate the group depreciation rate, group life, and depreciation for 2021. (Round "Group depreciation rate" and "Group life" answers to 2 decimal places.)

Group depreciation rate %
Group life years
Depreciation for 2021 (Straight Line)

2. prepare journal entry

In: Accounting

Diseases tend to spread according to the exponential growth model. In the early days of AIDS,...

  1. Diseases tend to spread according to the exponential growth model. In the early days of AIDS, the growth factor (i.e. common ratio; growth multiplier) was around 2.1. In 1983, about 1800 people in the U.S. died of AIDS. If the trend had continued unchecked, how many people would have died from AIDS in 2005?

   ______________________people

(Note: once diseases become widespread, they start to behave more like logistic growth, but don't worry about that for the purpose of this exercise)

2 . A population grows according to an exponential growth model. The initial population is P0=10, and the growth rate is r=0.45.

Then:

P1 =

P2 =

Find an explicit formula for Pn. Your formula should involve n.

Pn =   

Use your formula to find P12

P12 =

Give all answers accurate to at least one decimal place

3 . Assume there is a certain population of fish in a pond whose growth is described by the logistic equation. It is estimated that the carrying capacity for the pond is 1800 fish. Absent constraints, the population would grow by 240% per year.

If the starting population is given by p0=500, then after one breeding season the population of the pond is given by

p1 =   

After two breeding seasons the population of the pond is given by

p2 =   

In: Advanced Math

Use Worksheet 11.1. Alison Conroy is early in her career and is now employed as the...

Use Worksheet 11.1. Alison Conroy is early in her career and is now employed as the managing editor of a well-known business journal. Although she thoroughly enjoys her job and the people she works with, she would really like to be a literary agent. She would like to go on her own in about eight years and figures she'll need about $ 40,000 in capital to do so. Given that she thinks she can make about 8 percent on her money, use Worksheet 11.1 to answer the following questions.

  1. How much would Alison have to invest today, in one lump sum, to end up with $ 40,000 in eight years? Round the answer to two decimal places.

    $   

  2. If she's starting from scratch, how much would she have to put away annually to accumulate the needed capital in eight years? Round the answer to two decimal places.

    $   

  3. How about if she already has $ 15,000 socked away; how much would she have to put away annually to accumulate the required capital in eight years? Round the answer to two decimal places.

In: Finance

Question text In the early 1990's, the Oregon Department of Education was looking into the success...

Question text

In the early 1990's, the Oregon Department of Education was looking into the success of their school lunch programs. Critics of the current way funds were being diverted to school food services believed that the low quality of the food being served in the low-income school districts was leading to malnutrition among the students.

The state had already collected growth data for decades throughout Oregon, so they went through their records to look for signs of malnutrition. One metric they used was heights of children in the various school districts. If children did not have proper nutrition from healthy food, they would not grow to their full potential.

The CDC/National Center for Health Statistics put the average height for 12 year old girls in the United States at 59.4 inches, with standard deviation 2.3 inches.

1. Assume that heights are normally distributed. If we randomly selected a 12-year-old female student in a local school, what is the probability that she is no more than 55.4 inches tall?  

The Klamath county school district reported that their female 12-year-old students had a mean height of 58.2 inches out of a sample of 27 students. This a little more than an inch below the population mean for all 12 year old girl's heights.

2. Let's define an unusual event to be one where the probability of it occurring is less than 0.05 (or, equivalently, less than 1 in 20). If we wanted to find out if the school district's mean height was unusually low, what probability should we find?

(Hint: if 58 inches tall is unusually low, then so is 57 inches, and 56 inches.... )

In: Statistics and Probability

1. Describe the early history of the Sun. What did it start as? What lead to...

1. Describe the early history of the Sun. What did it start as? What lead to it becoming a smallish main sequence star? 2. Describe the future of the Sun. Roughly how long will it take for the Sun to leave the main sequence? What will happen when it leaves the main sequence? Will the Sun go supernova? 3. The remnants of stars 25 to 40 times more massive than the Sun may have such a strong _______ pull that their escape speeds exceed the speed of _______ , resulting in a _______. 4. The ________________ of a star (determined after observing the star 6 months apart) can be used to determine the distance to a star, but it is only effective for the closest stars to us. 5. what process is energy produced in the core of the Sun (and other stars as well)? Be as specific as possible.

In: Physics

Y is a woman in her early 30's and is being treated for cervicitis and cervical...

Y is a woman in her early 30's and is being treated for cervicitis and cervical neoplasia, which have no known cause. Y is seeing Dr. T, who has recently tested her for bacterial and viral agents that may be contributing to her disease. She also recently had a colposcopy and cervical biopsy. Dr. T is recommending a treatment called cervical cryosurgery, as all of the other tests suggest no infectious cause and no cervical cancer. Cervical cryosurgery involves removing the superficial layers of the cervix to try and eliminate precancerous cells. Unfortunately, after the surgery, Y's cervical issues return. This leads Dr. T to suggest undergoing another procedure known as cervical conization, removing a chunk of tissue from the endocervix, to send out for biopsy to determine if all precancerous cells have been removed. A risk of this procedure is becoming unable to bear children. If Y wants to have kids, Dr. T suggests immediately trying to conceive, and have the surgery right after pregnancy to reduce the risks.

1. What is the anatomical relationship between the cervix and uterus?

2. What are the current statistics on the frequency of cervical cancer in women? Does race contribute to the development of cervical cancer? How is cervical cancer normally detected/tested for?

3. Cervical cancer is most commonly associated with the human papillomavirus (HPV). Discuss the transmission, contraction, and consequences of HPV infection.

paragraph explanation please

In: Anatomy and Physiology