Q3. In thrift banks in USA, the structure of income has been changed because the intermediation role is no longer the main source of income, discuss this statement and explain the structure of income of banks in Saudi Arabia. Accounting for Financial Institution
In: Accounting
1- In the titration between potassium iodate and the sodium thiosulfate solution, if the titration is not performed immediately after the addition of the sulfuric acid, how would this likely affect the calculated concentration of your diluted sodium thiosulfate solution?
2- Why did the titrations performed need to be started immediately after adding the sulfuric acid?
3- A sample of bleach was analyzed as in this procedure. The only procedural difference is that the student weighed out the bleach solution used instead of pipetting a certain volume of bleach. The student weighed out 0.634 g of commercial bleach solution. It was found that it required 13.24 mL od 0.0732 M sodium thiosulfate solution to react with the iodine produced. What is the percentage of sodium hypochlorite in this bleach sample?
4- The active ingredient in many commercial liquid bleaches is sodium hypochlorite. The bottle lists the percentage of sodium hypochlorite as 6.0%. If the density of commercial bleach is 1.084 g/mL of 0.150 M sodium thiosulfate is required to reach the end point in a titration similar to the one performed in this experiment, if a student analyzed a 2.0 mL sample of bleach.
In: Chemistry
Esquire Comic Book Company had income before tax of $1,150,000 in 2016 before considering the following material items: |
1. |
Esquire sold one of its operating divisions, which qualified as a separate component according to generally accepted accounting principles. The before-tax loss on disposal was $365,000. The division generated before-tax income from operations from the beginning of the year through disposal of $530,000. Neither the loss on disposal nor the operating income is included in the $1,150,000 before-tax income the company generated from its other divisions. |
2. | The company incurred restructuring costs of $70,000 during the year. |
Required: | |
Prepare a 2016 income statement for Esquire beginning with income from continuing operations. Assume an income tax rate of 40%. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.) |
In: Accounting
71
Once a neoplasm has been established, all of the following are required for progression to metastatic disease EXCEPT:
Select one:
A. Apoptosis.
B. Angiogenesis.
C. Detachment and invasion.
D. Spread via lymphatic and blood vessels.
In: Nursing
Forensic Audits. Present arguments that you believe a forensic audit will never become an accepted fraud detection practice.
In: Accounting
Problem B, Cash Flow CWH (unrelated to Problem A) provides you with comparative statements of financial position and some additional information. Using the indirect method, calculate cash flow from operating activities. Then as best you can, calculate cash inflow/outflow from Investing activities and from Financing activities (you’ll need to make assumptions, you do not have complete information and it isn’t available).
12/31/19 12/31/2020
Cash .................................................................. $ 5,000 $ 17,000
Accounts receivable .......................................... 35,000 45,000
Inventory........................................................... 75,000 63,000
Total current assets ........................................... 115,000 125,000
Land .................................................................. 100,000 100,000
Buildings........................................................... 5,000,000 5,000,000
Equipment......................................................... 12,000,000 21,000,000
Accumulated Depreciation................................ (4,000,000) (4,750,000)
Net PP&E.......................................................... 13,100,000 21,350,000
Patents............................................................... 7,000,000 5,800,000
Total Assets....................................................... $20,215,000 $27,275,000
Accounts payable .............................................. $ 21,000 $ 45,000
Accrued expenses.............................................. 25,000 60,000
Income taxes payable........................................ 12,000 35,000
Total current liabilities...................................... 58,000 140,000
Long term debt.................................................. 12,000,000 16,000,000
Common stock .................................................. 1,500,000 2,000,000
Retained earnings.............................................. 6,657,000 9,135,000
Total Liabilities and Equity .............................. $20,215,000 $27,275,000
[NOTE: I have posted an Excel spreadsheet with the above information for your use, if you wish. If you do that, please just cut and paste a copy into your word submission. Make sure it’s readable, probably need to format the page as landscape format, not portrait.]
Additional information provided:
• Net income = $2,600,000
• Dividends were declared and paid during the year.
• Depreciation expense = $750,000
• Make reasonable assumptions as need be.
Required:
1. Calculate cash flow from operating activities, showing your complete calculation. The number alone is not sufficient.
2. Calculate cash provided by/used in investing activities (you’ll need to make some assumptions).
3. Calculate cash provided by /used in financing activities (again, you’ll need to make some assumptions)
4. Show that the sum of the three cash flow numbers is equal to the change in cash.
In: Accounting
In: Civil Engineering
Create a portfolio using the four stocks and information below:
Expected Return | Standard Deviation | Weight in Portfolio | |
Stock A | 21.00% | 21.00% | 15.00% |
Stock B | 5.00% | 17.00% | 28.00% |
Stock C | 7.00% | 12.00% | 11.00% |
Stock D | 22.00% | 22.00% | 46.00% |
---------------------- | ---------------------- | ---------------------- | ---------------------- |
Correlation (A,B) | 0.7000 | ---------------------- | ---------------------- |
Correlation (A,C) | 0.4900 | ---------------------- | ---------------------- |
Correlation (A,D) | 0.2500 | ---------------------- | ---------------------- |
Correlation (B,C) | 0.4400 | ---------------------- | ---------------------- |
Correlation (B,D) | 0.9600 | ---------------------- | ---------------------- |
Correlation (C,D) | 0.2000 | ---------------------- | ---------------------- |
(Do not round intermediate calculations. Record your answers in decimal form and round your answers to 4 decimal places. Ex. x.xxxx)
What is the variance of A?
What is the variance of B?
What is the variance of C?
What is the variance of D?
What is the Correlation (A,A)?
What is the Correlation (B,B)?
What is the Correlation (C,C)?
What is the Correlation (D,D)?
What is the Covariance (A,A)?
What is the Covariance (A,B)?
What is the Covariance (A,C)?
What is the Covariance (A,D)?
What is the Covariance (B,A)?
What is the Covariance (B,B)?
What is the Covariance (B,C)?
What is the Covariance (B,D)?
What is the Covariance (C,A)?
What is the Covariance (C,B)?
What is the Covariance (C,C)?
What is the Covariance (C,D)?
What is the Covariance (D,A)?
What is the Covariance (D,B)?
What is the Covariance (D,C)?
What is the Covariance (D,D)?
What is the expected return on the portfolio above?
What is the variance on the portfolio above?
What is the standard deviation on the portfolio above?
please i need the answers to be correct
In: Finance
The legitimacy of the Chinese government and its
economic growth
Based on international standard both China and Singapore are
considered as in authoritarian regime, simply saying individual
freedoms are subordinate to the state, and there is no
constitutional accountability. However, both of them achieved the
economic success world-widely speaking. Singapore economy is one of
the most stable in the world, with no foreign debt, high government
revenue and a consistently positive surplus. China on the other
hand, had become second largest economy in the world and was
enjoying a very high growth rate of economy, but steadily growth of
economy up until 2010 when it started slowed down after.
Question:
A) Why would a slowing growth economy be considered as a threat to
the legitimacy of the Chinese Communist Party? (200-300
words)
B) Why did Chinese Communist Party look to Singapore for
inspiration of ruling and developing economy? (200-300
words)
In: Economics
How does Henkel, the German consumer and commercial products company, generate & screen new product ideas? What is your opinion of that screening method? Discuss the case of Enron & speed of new venture development as discussed in one of the assigned readings for this week. In hindsight, what did you learn from that case?
In: Operations Management
USE JAVA. Write a very general sort method that can sort any type of data arrays/lists. For example, can sort a list of integers in ascending order, a list of integers in descending order, a list of doubles, a list of student objects (with names and scores) in ascending order of names, or in descending order of scores, … You can use any pre-defined sort function or can code your own. Use your favorite language for implementation. If your language doesn’t support these features, implement a revised version (clearly state the revision you made to the problem with a brief discussion of the language’s weakness.) Then test the following cases: (a) 4, 3, 7, 2, 1, 9 in ascending order (b) 4.5, 2.0, 9.0, 8.4, 7.2, 6.1, 20.5, 2.1 in descending order (c) John 40, Casey 45, Ben 47, Zadi 41, Kay 39, Tay 43 in ascending order of names (d) John 40, Casey 45, Ben 47, Zadi 41, Kay 39, Tay 43 in descending order of scores Include your program source code and test cases (may copy paste output or show screenshots) as answer to any coding problem. Use Java.
In: Computer Science
Accounting 2
E13-17 Compute earnings per share under different assumptions:
At December 31, 2014 Millwood Corporation has 2,000 shares of $100 par value, 8% preferred stock outstanding and 100,000 shares of $10 par value common stock issues. Millwoods net income for the year is $241,000.
Instructions: Compute the earnings per share of common stock under the following independent situations:
a. The dividend to preferred stockholders was declared. There has been no change in the number of shares of common stock outstanding during the year.
b. The dividend to preferred stockholders was not declared. The preferred stock is cumulative. Millwood held 10,000 shares of treasury stock throughout the year.
I reviewed the previous answers to this question. Part a I understand, but part b. there are conflictual answers on your webstite. Can you show me part b step by step and explain cumulative
In: Accounting
In: Operations Management
Amy Cola is considering launching a new soft drink product. The beverage will be sold in a variety of different flavors and will be marketed to young children. In evaluating the proposed project, the company has the following information:
• The company estimates that the project will last for 4 years.
• The company will need to purchase new machinery that has an up-front cost of $40 million (incurred at Year 0). The machinery will be fully depreciated on a 4-year straight-line basis with no salvage value.
• To gain more insight, Indiana had spent $1 million on marketing research costs.
• Production of the new product will take place in a recently vacated facility that the company owns. It is currently empty and Indiana does not intend to lease the facility.
• The project will require a $2 million increase in net operating working capital (NOWC) at Year 0. After Year 0, there will be no changes in NOWC, until Year 4 when the project is completed, and the NOWC is fully recovered.
• The company estimates that sales of the new drink will be $27 million each of the next four years.
• Operating costs (excluding depreciation) are expected to be $11 million each year.
• The company’s tax rate is 20%.
• The owners expect a return of 18% per year but the market interest rate charged by commercial banks are 5% per year.
Based on the information above, the company has estimated the project’s free cash flows as shown in the table below and concluded that it should pursue this business opportunity as it is expected to generate a positive net present value (NPV).
years | 0 | 1 | 2 | 3 | 4 |
machine investment | (40) | ||||
marketing research costs | (1) | ||||
net working capital | (2) | ||||
revenue | 27 | 27 | 27 | 27 | |
costs | (11) | (11) | (11) | (11) | |
pre-tax profit | 16 | 16 | 16 | 16 | |
tax (20%) | (3.2) | (3.2) | (3.2) | (3.2) | |
free cash flow | (97) | 12.8 | 12.8 | 12.8 | 12.8 |
NPV @5%interest rate | 2.39 |
Discuss whether the company has conducted the analysis correctly and what the flaws are. Revise the cash flow estimation, re-calculate the net present value (NPV), the internal rate of return (IRR), payback period and provide your recommendations.
In: Finance
In your own words, outline and provide examples of how a company could pursue shareholder wealth maximization in relation to the following concepts (5 points each): 1) Capital structure 2) Risk & return 3) Cost of capital 4) Net present value 5) Internal rate of return 6) Payback period
In: Finance