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UTS CRICOS 00099F
FUNDAMENTALS OF BUSINESS FINANCE
ASSIGNMENT
QUANTUM GRAPHITE LIMITED “THE GIGA FLAKE FACTORY”
Assignment Instructions
Page 1
Please read the following information carefully:
1)
Due date and time: 9pm on Monday, 8 May 2023.
2)
Weight: 20% of total subject mark.
3)
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We encourage you to form teams consisting of 2 to 6 students as you will develop skills that are important to your professional life, and your assignment submission is likely to be stronger as it considers input from different students in your team.
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All team members receive the same assignment mark. Teaching staff are unable to award team members different marks in the event a team has a ‘free-rider’. Therefore, you should give considerable thought into selecting team members. In the event of a conflict within the group, it is your group’s responsibility to resolve the issue respectfully and maturely. In severe situations please contact the subject coordinator. For more information on working in groups:
https://www.uts.edu.au/current-students/support/helps/self-help-resources/group-work
Assignment Instructions
4)
Preformatted blank excel spreadsheet:
•
You must record your answers in the provided blank excel spreadsheet (available on Canvas). This spreadsheet is protected which means that only a restricted number of cells can be used. All of your inputs into the spreadsheet should be using Arial font and size 8 text, this ensures that your inputs are not converted to ######. Your answers will be converted to ###### if your cash flow/value is greater than 99,999,999,999 (Hint: none of your cash flows/values for Q1-3 in your solution should be that large). The cells you cannot use are coloured grey. This preformatted spreadsheet is designed in such a way to speed up the marking process.
•
For Q1 to 3 enter the cash flow description and the dollar amount in the appropriate cells. Use whole dollars only and ignore cents
. We want to be able to easily identify each cash flow. We provide many empty rows –
this does not mean you must use all rows. •
Q4, Q5, Q6, and Q7 can be answered using the vacant cells provided
. Please be brief and precise when answering these questions.
•
The student number and name of all group members must be entered into the relevant section of the
spreadsheet
. You must also nominate one team member as the team leader and supply their tutorial details in the corresponding fields of the spreadsheet.
•
In your solution please do not simply type your answer into the spreadsheet. Where appropriate, you must use Excel functions/formulas within the spreadsheet, this way we can work out what calculations you have done (and provide marks to you). If we cannot understand how you got your answers you increase your
chances of losing marks.
Page 2
Assignment Instructions
5)
Submission:
•
You must save your spreadsheet file with its original “.xlsx” extension. Do not save the spreadsheet in any other format other than “.xlsx” as we are unable to open non-EXCEL file extensions from Canvas. Users of Apple’s Numbers spreadsheet or other programs, you have been warned.
•
You must submit your assignment in Canvas via the “Assignments” navigation tab, and within the “Assignment Information” page. Only one person from the team should submit the assignment (i.e., the team leader). You can submit multiple times but we mark the most recent submission only. Only .xlsx file extensions can be submitted. When submitting your assignment please do the following:
•
1) Click the “Choose file” button to upload your completed EXCEL spreadsheet.
•
2) In the “Comments…” section please type the student names and student numbers of all members in your assignment team.
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3) Click the blue “Submit Assignment” button to submit your assignment.
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SOUTH EAST-ASIA INSTITUTE OF TRADE AND TECHNOL0GY
LL
LEARNING MODULE FOR 1
SEMESTER
GRADE 12
BUSINESS FINANCE
STUDENT'S NAME:
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Case Study # 4 Excel Submission – Capital Budgeting Comprehensive Problem
Pinnacle Custom Home Builders purchased a 40 foot articulating boom lift three years ago for
$50,000. The equipment has been depreciated under the 5-year MACRS schedule (20%, 32%,
19%, 12%, 12% & 5%). The old equipment can be sold for $33,000.
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A
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N O
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Formula: Divide; Cell Referencing
Using Excel to Perform Vertical Analysis
Student Work Area
PROBLEM
Required: Provide input into cells shaded in yellow in this template. Use mathematical
formulas with cell references to this work area.
Data from the comparative balance sheets of Rollaird Company is
presented here.
December 31,
December 31,
Using these data from the comparative balance sheets of Rollaird Company, perform vertical
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2022
2021
Accounts receivable (net)
2$
460,000 $
400,000
1.
December 31, 2021
Inventory
Total assets
780,000
650,000
December 31, 2022
3,164,000
2,800,000
Amount
Percent
Amount
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Accounts receivable (net)
$ 460,000
$
400,000
Inventory
780,000
650,000
Total assets
3,164,000
2,800,000
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CCU
brightspace.wiltech.edu/d2l/le/7659/discussions/topics/2429/View
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Manny Kinn, the company treasurer and vice president of finance, has prepared a classified balance sheet
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from First Peoples Community Bank. An excerpt from the balance sheet follows:
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$ 25,000
Accounts Receivable
85,000
Total Assets
$ 250,000
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《く
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4 5 6
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> »
Miguel takes a car loan for $16,000. The loan is for 60 months and has an interest rate of 4%. There are an additional
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O 6.25%
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Probler
FINANC
Exercises
Exercise 01
Solve the following problems: Write your anşwers with solutions on the extra shoet
provided at the end part of the module.
Instructions:
Problem 1
Income b.
HORIZONTAL ANALYSIS. Smith Corporation provides the following comparative
equity in t
is $35.
income statement:
Smith Corporation
Requirem
Calculate t
Comparative Income Statement
For the Years Ended December 31, 20X3 and 20X2
20X2
20X3
a. Net im
$680.000
b. Prefer
$570.000
c. Retur
d. Times
170,000
Sales
200,000
$510.000
Cost of goods sold
$370.000
e. Earnim
f. Price/e
g. Book v
210.000
Gross profit
Operating expenses
100,000
$300,000
$270,000
EBIT
Problem 5
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Calculate the percentage change using horizontal analysis and evaluate the results.
ACCOUNTS
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statement
Lome
Problem 2
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The first closing entry would include a
a. Debit to c Finley capital for $155,000
B. Credit to c Finley capital for $50,000
c. Debit to c Finley capital for $50,000
D. Credit to c Finley capital for $155,000
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mpsLk
THE T-ACCO
DRILL 1
006o or doles llid bovlooa y0 M 08
LESSON 4-3
Journalize the following transactions of Till A Lok Consultancy for the month
of January:
Fn
2018
upe
bem
Lesson Objective
Jan. 1
Mr. Lok deposited P 880,000 in the account of the company. He also invested a
computer valued at P67,000.
• analyze transactions with the use
Consultancy services rendered to Mongolia Corp. on account, P75,000
3
Bought P700,000 worth of transportation equipment from Mitsubishi on
account
wios
Consultancy services rendered to various clients for cash, P190,000
USE OF T-ACCOUNTS
7
15
Consultancy services rendered to Codak Co. on account, P32,000
An account is a form of record that
specific accounting value. The simplest
accounting equation resembles the capit
the effect of a transaction in the assets, E
16
Paid Mitsubishi Motors in full
nibnotebnU TUOY leeT
18
Collected P15,000 from Codak Co.
20
Received water bill, P980
4.000
26
Paid electricity for the month, P2,540
The three elements of…
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Classify the following balance sheet items
under fixed assets, working capital,
shareholders' equity, or net debt: overdraft,
retained earnings, brands, taxes payable,
finished goods inventories, bonds.
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Exercise 2-29 (Algo) Calculating and Interpreting the debt ratio LO A2
Company
DreamWorks
Pixar
Universal
Expenses
$ 30,000
79, 000
16, 00
Total Assets
$ 60,000
154, 000
76, 000
Net Income
$ 27, 000
39,000
5, 800
Total Liabilities
$ 45, 600
147, 800
21, 000
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Company
Debt Ratio
DreamWorks
Pixar
Universal
b. Which company has the most financial leverage?
Largest financial leverage
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Fighting Irish Incorporated pays its employees $3,360 every two weeks ($240/day). The current two-week pay period ends on
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Required:
1. Record the adjusting entry on December 31, 2024.
2. Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before adjustment in
2024 is $0).
Print
Complete this question by entering your answers in the tabs below.
References
Required 1 Required 2
Calculate the 2024 year-end adjusted balance of Salaries Payable (assuming the balance of Salaries Payable before
adjustment in 2024 is $0).
Ending balance
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A company pays its employees $5,600 every two weeks ($400/day). The current two-week pay period ends on December 26, 2024,
and employees are paid $5,600. The next two-week pay period ends on January 9, 2025, and employees will be paid $5,600.
Record the adjusting entry on December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required"
in the first account field.)
eBook
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References
Mc
Graw
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View transaction list
Journal entry worksheet
1
Record the adjusting entry on December 31, 2024.
Note: Enter debits before credits.
Date
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General Journal
Debit
Credit
Record entry
Clear entry
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Assignment 6d: Chapter 22 Exercises
Schedule of Cash Payments for a Service Company
SafeMark Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first
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March
$171,800
April
159,800
May
145,400
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Schedule of Cash Payments for Selling and Administrative Expenses
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Use the information above to complete the missing values in the table below $2,500 invested 4% interest.
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O C.
Work in Progress
Finished Product
48
Given the following data; TOTAL SALES OMR 250000 CASH SALES OMR 125000 SALES RETURN OMR 5000
OPENING SUNDRY DEBTORS OMR 20000 CLOSING SUNDRY DEBTORS OMR 10000 What will be the average
debtors?
ut of
O a.
OMR 15000
uestion
O b. OMR 7500
O c. OMR 30000
O d. OMR 10000
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working!
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
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E3
A
2 Month
3 January
February
March
Sales
6-Month average
B
Qfx
$81,000.00
$80,000.00
$88,000.00
$92,000.00
$110,000.00
$108,000.00
5
6 April
7 May
8 June
9
10
11
12
13 $500 Fixed Fee, 2% commission
14 $1000 Fixed Fee, 1% commission
15 $2000 Fixed Fee, 0.5% commission
16
D
200
100
50
E
F
Fixed fee Guest count Variable expenxe Total expense Cost%
500
4800
500
5120
500
5006
500
4960
500
5140
500
5300
G
H
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