XCo has 400 shares outstanding. It earns $1,000 per year and will use all $1,000 to repurchase its shares in the open market rather than pay dividends, required return = 10%. how many shares will be outstanding at the end of year 1, after the first share repurchase.
A) 393.9
B) 383.8
C) 373.7
D) 363.6
E) 353.5
In: Finance
The title of this episode in The Office is “Shareholder Meeting, which should give you some idea of why we’re watching it this week. In this episode, Michael, Dwight, Andy, and Oscar travel (via limo!) to a Dunder Mifflin shareholders meeting in New York City. Meanwhile, Jim and the rest of the crew remain in Scranton. Hijinx ensue. Based on the information given in the episode, does it seem like the Dunder Mifflin directors or officers could be held personally liable for their mismanagement of the corporation?
In: Operations Management
Over the years we have seen large changes in US federal income tax rates, with the highest marginal rates falling from 70% to under 40% today. Describe the impact of this change on the spread between US Treasury bonds and municipal bonds.
In: Finance
You are considering making a movie. The movie is expected to cost $10.3 million up front and take a year to produce. After that, it is expected to make $4.6 million in the year it is released and $1.9 million for the following four years. What is the payback period of this investment? If you require a payback period of two years, will you make the movie? Does the movie have positive NPV if the cost of capital is 10.9%?
In: Finance
The company provides a reconciliation of the $5.66 EPS figures to the income statement’s reported EPS figure of $8.78. Also referred to as “Core EPS” in a PepsiCo-related press release, this figure, $5.66, is a non-GAAP financial measure many companies choose to report. What does a non-GAAP financial measure mean? What does the terminology “core” suggest to you? What is the reason that many companies provide non-GAAP financial information in their financial reports?
In: Finance
In: Operations Management
2. Do you have an academic or career-oriented goal? a. Explain your goal and explain why this goal is important to you. Be specific, and describe it in light of your overall goals as a university student. b. Self-assess your own goal. Is this goal realistic? Why or why not?
and How is your progress towards that goal? When the semester is over, do you think you will meet your goal or miss your goal? Or, will you meet it in part and miss it in part?
In: Operations Management
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,000,000, and it would cost another $17,500 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $597,000. The machine would require an increase in net working capital (inventory) of $11,500. The sprayer would not change revenues, but it is expected to save the firm $356,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 30%.
Year 1 | $ |
Year 2 | $ |
Year 3 | $ |
In: Finance
In: Finance
Use PHP, javascript and a little bit of Html
More focus on php
Create a logout page (for patients) in hotel management.
Please provide the screenshot of the output too (logout page).
Hint: the logout page should include like this thanks for visting etcetera.
Thanks in advance
In: Computer Science
What is the molar solubility of AgCl in 0.40 M NaCN if the colorless complex ion Ag(CN)2 - forms? Ksp for AgCl is 1.8
In: Chemistry
For each audit activity, identify the PCAOB assertion that matches with the activity. Each activity has one answer, but the assertions are used more than once.
Review lease agreements for capital leases. |
Select a sample of inventory items from the receiving reports and follow the items to inventory records. |
Select a sample of fixed asset additions and ask to see the assets. |
Review the client's calculation of the allowance for doubtful accounts. |
Compare sales invoice quantities to shipping document quantities to verify the client's assertion that this procedure is done by client personnel. |
Select a sample of entries in the payroll journal and match the employee name, date of payment, and amount of pay to the employee personnel file. |
Ask production and sales personnel concerning possible obsolete or slow-moving inventory. |
Watch that an independent person double-checks the payroll wage rates and calculations before check are printed. |
Calculate the percentage of sales for salary and wages expense for this year and the prior year for reasonable presentation. |
Send a form to the bank for the balances of the payroll checking account |
A. |
Existence or Occurance |
B. |
Completeness |
C. |
Valuation or Allocation |
D. |
Rights and obligations |
E. |
Presentation and Disclosure |
In: Accounting
In: Economics
List and discuss 3 major long term impacts of 911 in 3 paragraph
In: Psychology