Miley Block is a building consultant. Shown below are (a) several accounts in her ledger with each account preceded by an identification number, and (b) several transactions completed by Block. Journalize the transactions for the company. 1. Accounts Payable 7. Telephone Expense 2. Accounts Receivable 8. Unearned Revenue 3. Cash 9. Common Stock 4. Consulting Fees Earned 10. Dividends 5. Office Supplies 11. Insurance Expense 6. Office Supplies Expense 12. Prepaid Insurance A. Received cash of $100,000 in advance from a customer for designing a building B. Purchased office supplies on credit in the amount of $750. C. Paid for the supplies purchased in B. D. Received the telephone bill of the business and immediately paid it, amount $150. E. Paid for a 3-year insurance policy of $1400.

Select the 10 ratios you deem most important financial ratios for a 3-year period. Based on your analysis of your ratios

1) What 3 items of important information does the income statement ratios reveal about the financial performance of the company?

Select the 10 ratios you deem most important financial ratios for a 3-year period. Based on your analysis of your ratios

What 3 items of important information does the balance sheet ratios reveal about the financial position of the company?

You are a manager at a pharmaceutical company, and one of your scientists has developed a new statin that has no side effects. The initial cost to launch the drug will be $1,000,000. The revenue is projected to be produced according to one of two timelines, based on marketing. The first timeline has revenues of $100,000, $300,000, and $900,000 in years 1, 2, and 3, respectively. The second timeline has revenues of $900,000, $300,000, and $100,000 in years 1, 2, and 3, respectively.

(a) Provide the timelines for each scenario. Which timeline produces the greater ROR? Provide an explanation that describes what you observe.

(b) Assuming a hurdle rate of 15%, what is the NPV of each scenario.

(c) Determine the Benefit Cost Ratio and Present Value Ratio.

(d) Which scenario will you choose? Why?

Eastern Edison Company leased equipment from Low-Tech Leasing on January 1, 2018. Low-Tech recently purchased the equipment at a cost of $222,664.

There is no expected residual value.

Required:
Prepare appropriate journal entries for Low-Tech Leasing for 2018. Assume a December 31 year-end. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amounts.)

Record the entry at the inception of the lease

Record the entry for annual payment receipt

Record the entry for interest revenue

Below information pertains to Eller Equipment Company for the year 2018. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.) Salaries expense $109,000 Beginning retained earnings $ 48,100 Common stock 97,000 Warranties payable (short term) 5,200 Notes receivable (short term) 19,500 Gain on sale of equipment 13,000 Allowance for doubtful accounts 21,000 Operating expenses 52,000 Accumulated depreciation 53,000 Cash flow from investing activities 103,000 Notes payable (long term) 89,350 Prepaid rent 25,000 Salvage value of building 17,000 Land 82,000 Interest payable (short term) 8,000 Cash 35,300 Uncollectible accounts expense 32,000 Inventory 130,000 Supplies 5,200 Accounts payable 42,000 Equipment 160,650 Interest Expense 23,000 Interest revenue 4,900 Salaries payable 55,000 Sales revenue 914,000 Unearned revenue 34,000 Dividends 22,000 Cost of goods sold 582,000 Warranty expense 7,900 Accounts receivable 95,000 Interest receivable (short term) 2,300 Depreciation expense 1,700 Required Prepare a multistep income statement for Eller Equipment Company for 2018. Prepare a classified balance sheet for Eller Equipment Company for 2018.

A spherical snowball is melting in such a way that its radius is decreasing at rate of 0.1 cm/min. At what rate is the volume of the snowball decreasing when the radius is 14 cm. (Note the answer is a positive number).

When air expands adiabatically (without gaining or losing heat), its pressure PP and volume VV are related by the equation PV1.4=CPV1.4=C where CC is a constant. Suppose that at a certain instant the volume is 310310 cubic centimeters and the pressure is 8181 kPa and is decreasing at a rate of 1414 kPa/minute. At what rate in cubic centimeters per minute is the volume increasing at this instant?

A company's revenue from selling x units of an item is given as R=1700x−1x2R=1700x-1x2. If sales are increasing at the rate of 20 units per day, how rapidly is revenue increasing (in dollars per day) when 150 units have been sold?

A company selling widgets has found that the number of items sold, x, depends upon the price, p at which they're sold, according the equation x=20000√2p+1x=200002p+1

Due to inflation and increasing health benefit costs, the company has been increasing the price by $2 per month. Find the rate at which revenue is changing when the company is selling widgets at $160 each.

1. An American insurance company issued $10 million of one-year, zero-coupon GICs (guaranteed investment contracts) denominated in Swiss francs at a rate of 5 percent. The insurance company holds no SFr-denominated assets and has neither bought nor sold francs in the foreign exchange market.

   1. What is the insurance company’s net exposure in Swiss francs?

   2. What is the insurance company’s risk exposure to foreign exchange rate fluctuations?

   3. page 770How can the insurance company use futures to hedge the risk exposure in part (b)? How can it use options to hedge?

   4. If the strike price on SFr options is $1.0425/SFr and the spot exchange rate is $1.0210/SFr, what is the intrinsic value (on expiration) of a call option on Swiss francs? What is the intrinsic value (on expiration) of a Swiss franc put option? (Note: Swiss franc futures options traded on the Chicago Mercantile Exchange are set at SFr125,000 per contract.)

   5. If the June delivery call option premium is 0.32 cent per franc and the June delivery put option is 10.7 cents per franc, what is the dollar premium cost per contract? Assume that today’s date is April 15.

   6. Why is the call option premium lower than the put option premium?

A company that holds the DVD distribution rights to movies previously released only in theaters has the business objective of developing estimates of the sales revenue of DVDs. Toward this goal, a company analyst plans to use box office gross to predict DVD sales revenue. For 43 movies, the analyst collects the box office gross (in $millions) in the year that they were released and the DVD revenue (in $millions) in the following year and stores these data here.

What are the values for

(1) the proportion of variation in DVD sales revenue that is explained by box office gross ,

(2) the sum of squares Y ,

(3) the sum of squares predicted ,

(4) the sum of squares error ,

(5) the intercept A ,

(6) the slope b ,

(7) the predicted sales revenue (in $millions) for a movie DVD that had a box office gross of $100 million

(8) the standard error of estimate ? Hint: Use PHStat to obtain all the values and answers should be accurate to 4 decimal places.