Need a solution on three topics below.
1. If you were evaluating an investment opportunity, which technique would you use and why?
2. When evaluating investments, you can get data from engineering, marketing and sometimes accounting. Do you think any of these organizations have internal biases? If so, as a member of the finance department, how would you deal with them?
3. You have just discovered that your boss favors payback in evaluating investments. Should you try to talk him out of it or should you go along with his/her desires?
4. You are comptroller for your company. The CEO is a savvy individual with great instincts for the business. She strongly favors an investment that is only marginally acceptable at best. She has asked you to put together justification for it. What will you do?
5. Last year your company financed its investments by selling shares of common stock. This year the plan is to use debt. The after tax cost of debt is 5%, the cost of equity is 12% and the weighted average cost of capital is 9.5%. The first investment for this year is an expansion project. What cost of capital will you use and why?
6. The weighted average cost of capital can consist of debt, preferred stock and equity. Which of these sources is the most expensive and the least expensive and why?
7. Young companies usually finance their assets with equity. Why?
8. Equity financing can come from external or internal sources. Which of these is the least expensive and why?
In: Finance
MGMT5018 Individual Assignment 1
Week 3 MGMT 5018 Individual Assignment # 1, Due in
Week 4 - 15% of Overall Mark
You are the appointed Supply Chain Manager for a company that
manufactures and sells its products to retailers and to end
consumers. The company uses its own trucks to deliver to retailers
and UPS for its online orders to deliver to end consumers.
Apply your understanding of the 5 components of Supply Chain by explaining to me as your CEO how are you going to successfully plan, source material & equipment, manufacture, deliver and handle returned items. Give examples and elaborate as necessary.
Remember the 5 basic components are:
1. Planning
2. Sourcing
3. Making
4. Delivering
5. Returning
Note to students: the exercise is meant to be individual and unique to every student. That is why the assignment is not limited to a specific brand or product.
Grading Criteria - Rubric
This assignment will be graded out of 15 marks as follows:
Presentation 3 marks
Cover page, organization, neatness
Word processed, spelling, grammar, medium, quality of
in class presentation, clarity, interest, understanding.
Note: Proper citation of references is required (MLA
or APA format)
It is your responsibility to familiarize yourself with
the proper procedure for maintaining academic honesty. You can also
seek assistance from Student Services in understanding the policy
and procedures for Academic Honesty.
Content 6 marks
Demonstrated understanding of the subject matter
(i.e.. not simply cutting and pasting content from
websites)
Analysis 6 marks
Logic, methodology, originality, creativity
In: Accounting
Crane Company has had 4 years of record earnings. Due to this
success, the market price of its 385,000 shares of $2 par value
common stock has increased from $13 per share to $53. During this
period, paid-in capital remained the same at $2,310,000. Retained
earnings increased from $1,732,500 to $11,550,000. CEO Don Ames is
considering either (1) a 15% stock dividend or (2) a 2-for-1 stock
split. He asks you to show the before-and-after effects of each
option on (a) retained earnings, (b) total stockholders’ equity,
and (c) par value per share.
(a)
| 1. | Stock dividend - retained earnings | $enter a dollar amount | ||
| 2. | 2-for-1 stock split - retained earnings | $enter a dollar amount |
(b)
|
Crane Company |
||||||
|---|---|---|---|---|---|---|
|
Original Balance |
After Dividend |
After Split |
||||
|
Paid-in capital |
$enter a dollar amount | $enter a dollar amount | $enter a dollar amount | |||
|
Retained earnings |
enter a dollar amount | enter a dollar amount | enter a dollar amount | |||
|
Total stockholder’s equity |
$enter a total of the two previous amounts | $enter a total of the two previous amounts | $enter a total of the two previous amounts | |||
|
Shares outstanding |
enter a number of shares | enter a number of shares | enter a number of shares | |||
(c)
| 1. | Stock dividend - par value per share | $enter a dollar amount | ||
| 2. | 2-for-1 stock split - par value per share | $enter a dollar amount |
In: Accounting
MGMT5018 Individual Assignment 1
Week 3 MGMT 5018 Individual Assignment # 1, Due in
Week 4 - 15% of Overall Mark
You are the appointed Supply Chain Manager for a company that
manufactures and sells its products to retailers and to end
consumers. The company uses its own trucks to deliver to retailers
and UPS for its online orders to deliver to end consumers.
Apply your understanding of the 5 components of Supply Chain by explaining to me as your CEO how are you going to successfully plan, source material & equipment, manufacture, deliver and handle returned items. Give examples and elaborate as necessary.
Remember the 5 basic components are:
1. Planning
2. Sourcing
3. Making
4. Delivering
5. Returning
Note to students: the exercise is meant to be individual and unique to every student. That is why the assignment is not limited to a specific brand or product.
Grading Criteria - Rubric
This assignment will be graded out of 15 marks as follows:
Presentation 3 marks
Cover page, organization, neatness
Word processed, spelling, grammar, medium, quality of
in class presentation, clarity, interest, understanding.
Note: Proper citation of references is required (MLA
or APA format)
It is your responsibility to familiarize yourself with
the proper procedure for maintaining academic honesty. You can also
seek assistance from Student Services in understanding the policy
and procedures for Academic Honesty.
Content 6 marks
Demonstrated understanding of the subject matter
(i.e.. not simply cutting and pasting content from
websites)
Analysis 6 marks
Logic, methodology, originality, creativity
In: Finance
MGMT5018 Individual Assignment 1
Week 3 MGMT 5018 Individual Assignment # 1, Due in
Week 4 - 15% of Overall Mark
You are the appointed Supply Chain Manager for a company that
manufactures and sells its products to retailers and to end
consumers. The company uses its own trucks to deliver to retailers
and UPS for its online orders to deliver to end consumers.
Apply your understanding of the 5 components of Supply Chain by
explaining to me as your CEO how are you going to successfully
plan, source material & equipment, manufacture, deliver and
handle returned items. Give examples and elaborate as
necessary.
Remember the 5 basic components are:
1. Planning
2. Sourcing
3. Making
4. Delivering
5. Returning
Note to students: the exercise is meant to be individual and unique
to every student. That is why the assignment is not limited to a
specific brand or product.
Grading Criteria - Rubric
This assignment will be graded out of 15 marks as follows:
Presentation 3 marks
Cover page, organization, neatness
Word processed, spelling, grammar, medium, quality of
in class presentation, clarity, interest, understanding.
Note: Proper citation of references is required (MLA
or APA format)
It is your responsibility to familiarize yourself with
the proper procedure for maintaining academic honesty. You can also
seek assistance from Student Services in understanding the policy
and procedures for Academic Honesty.
Content 6 marks
Demonstrated understanding of the subject matter
(i.e.. not simply cutting and pasting content from
websites)
Analysis 6 marks
Logic, methodology, originality, creativity
In: Accounting
| Here are the consolidated financial statements of Post Ranch Resort and its 70 percent owned subsidiary, Sandpearl, for the year ended December 31, 2020, plus supplementary information. Comparative balance sheets are provided for 2019 and 2020. | ||||||
|
Consolidated Balance Sheets |
Consolidated Income Statement |
|||||
| December 31 | 2020 | 2019 | Sales and other income | $250,000,000 | ||
| Cash | $150,000 | $113,000 | Cost of sales | -170,000,000 | ||
| Receivables | 325,000 | 310,000 | Operating expenses | -79,800,000 | ||
| Inventories | 1,400,000 | 1,450,000 | Consolidated net income | 200,000 | ||
| Equity method investments | 200,000 | 192,000 | Noncontrolling interest in net income | -90,000 | ||
| Property, plant and equipment, net | 5,000,000 | 4,700,000 | Net income to controlling interest | $110,000 | ||
| Goodwill | 3,000,000 | 3,080,000 | ||||
| Total assets | $10,075,000 | $9,845,000 | ||||
| Current liabilities | $450,000 | $425,000 | ||||
| Long-term liabilities | 8,200,000 | 8,120,000 | ||||
| Shareholders’ equity to Post Ranch | 1,185,000 | 1,135,000 | ||||
| Noncontrolling interest in Sandpear | 240,000 | 165,000 | ||||
| Total liabilities and equity | $10,075,000 | $9,845,000 | ||||
|
Supplementary information for 2020: |
||||||
|
1. Sandpearl paid $50,000 in cash dividends. Post Ranch paid $60,000 in cash dividends. |
||||||
|
2. Operating expenses include depreciation expense of $250,000 and goodwill impairment losses of $80,000. |
||||||
| 3. Sales and other income includes $50,000 gain on sale of property, plant and equipment and $10,000 equity in net income from equity method investees. Cash dividends received from equity method investees were $2,000. | ||||||
|
4. Accumulated depreciation balances on December 31, 2020 and 2019 were $1,200,000 and $1,100,000, respectively. |
||||||
|
5. Property, plant and equipment of $1,000,000 was purchased for cash. |
||||||
| Required | ||||||
| Prepare Post Ranch’s consolidated statement of cash flows for 2020, in good form. Use the indirect approach to display cash from operating activities. | ||||||
|
Use a negative sign with answers to indicate a decrease/reduction in cash. |
||||||
|
Post Ranch Resort and Subsidiary Consolidated Statement of Cash Flows For the year 2020 |
||||||
|
Cash from operating activities |
||||||
|
Net Income OR Acquisition of property, plant and equipment, OR consolidate net income, OR Gain on sale of property and plant and equipment, OR INcrease in long-term liabilities |
????? | |||||
|
Add (subtract) items not affecting cash: |
||||||
|
Depreciation expense |
Answer | |||||
|
Goodwill impairment loss |
Answer | |||||
|
Undistributed equity method income |
Answer | |||||
|
Answer | Answer | ||||
|
Changes in current assets and liabilities: |
||||||
| Receivables | Answer | |||||
| Inventories | Answer | |||||
| Current liabilities | Answer | Answer | ||||
|
Net cash from operating activities |
Answer | |||||
|
Cash from investing activities |
||||||
|
Answer | |||||
|
Sale of property, plant and equipment |
Answer | |||||
|
Net cash used for investing activities |
Answer | |||||
|
Cash from financing activities |
||||||
|
Answer | |||||
|
Dividends paid to controlling shareholders |
Answer | |||||
|
Dividends paid to noncontrolling shareholders |
Answer | |||||
|
Net cash from financing activities |
Answer | |||||
|
Net increase in cash |
Answer | |||||
|
Plus cash balance, January 1 |
Answer | |||||
|
Cash balance, December 31 |
||||||
In: Accounting
Long-term investments and the time value of
money
On January 1, 2019, JP Chemical Company purchases
$10,000 of 6% bonds in American Airline at a price of 95. JP
Chemical Company intends to hold the bonds until the maturity date
on January 1, 2029. The interest dates are January 1 and July 1. JP
Chemical Company amortizes any discount or premium using the
straight-line method. The fiscal year end of JP Chemical Company is
December 31.
Required:
Prepare the journal entries on:
1. January 1, 2019
2. July 1, 2019
3. December 31, 2019
4. January 1, 2020
Explanations are required.
In: Accounting
Question 4: (Marks: 3)
The following table represents the percentage of teenagers in some selected countries who have used marijuana and the percentage who have used other drugs.
|
Percentage Who Have Used |
||
|
Country |
Marijuana x |
Other Illegal Drugs y |
|
Czech Republic |
22 |
4 |
|
Denmark |
17 |
3 |
|
England |
40 |
21 |
|
Finland |
5 |
1 |
|
Ireland |
37 |
16 |
|
Italy |
19 |
8 |
|
Northern Ireland |
23 |
14 |
|
Norway |
6 |
3 |
|
Portugal |
7 |
3 |
|
Scotland |
53 |
31 |
|
United States |
34 |
24 |
“I found a positive correlation for the data presented in the table relating the percentage of teenagers in various countries who have used marijuana and the percentage who have used other drugs. I concluded that using marijuana causes the use of other drugs.”
In: Statistics and Probability
Which one of the factors is not likely to be associated with the large US trade deficit:
a. Low savings rate in the US
b. High spending rate, relative to income levels in the US
c. Low investment opportunity in the US
d. High value of the US dollar
please explain!
In: Economics
|
Using the data above, compute pension expense for Teal Corp. for the year 2020 by preparing a pension worksheet. (Enter all amounts as positive.)
|
In: Accounting