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- The answers to the question is either A. $0 B. $30,000 C. $42,000 or D. $60,000Ifcurrentinterestrateis28%,aTreasuryBillwith91daystomaturity,andafacevalueofGH¢50,000shouldhaveamarketvalueof?E.r.w.a.n. .F.o.o.t.w.e.a.r. .w.i.s.h.e.s. .t.o. .a.s.s.e.s.s. .t.h.e.. .v.a.l.u.e. .o.f. .i.t.s. .A.c.t.i.v.e. .S.h.o.e. .D.i.v.i.s.i.o.n... .T.h.is. .d.i.v.i.s.i.o.n. .h.a.s. .d.e.b.t. .w.i.t.h. .a. .m.a.r.k.e.t. .v.a.l.u.e. .o.f. $12,500,000 .a.n.d. .n.o. .p.r.e.f.e.r.r.e.d. .s.t.o.c.k... .I.t.s. .w.e.i.g.h.t.e.d. .a.v.e.r.a.g.e. .c.o.s.t. .o.f. .c.a.p.i.t.a.l. .i.s. .10%. .T.h.e. .A.c.t.i.v.e. .S.h.o.e. .D.i.v.i.s..io.n.’.s.. .es.t..im.a..t.ed.. .f.r.e.e. .c.a.s.h. .f.l.o.w. ..e.a.ch.. y.e.a.r. .f.r.o.m. . 2013 t.h.r.o.u.g.h. . 2016 .i.s. .g.i.v.e.n. .i..n. .t.h.e. .f.o.l.l.o.w.i.n.g. .t.a.b.l.e... .B.e.y.o.n..d. 2016 t.o. .i.n.f..i.ni.t.y.,. ..th.e. ..fi..rm. .e.x.p.e.c.t.s. ..i.t.s. .fr.e.e. .c.a.s.h. .f.l.o.w. .t.o. .g.r.o.w. .at. 4% .a.n.n.u.a.l.l.y. Year (t) Free Cash Flow (FCFt) 2013 $800,000 2014 1,200,000 2015 1,400,000 2016 1,500,000 U.s.e. .t.h.e. .f.r.e.e. .c.a.s.h. .f.l.o.w. .v.l.a.l.u.a.t.i.o.n. .m.o.de.l. .t.o. .e.s.t.i.m.a.t.e. .t.h.e.…
- F.o.r. .f.o.l.l.o.w.-.u.p. .q.u.e.s.t.i.o.n.s. U.s.i.n.g. .t.h.e. .s.i.m.p.l.e. .i.n.t.e.r.e.s.t. .m.e.t.h.o.d.,. .f.i.n.d. .t.h.e. .m.o.n.t.h.l.y. .p.a.y.m.e.n.t.s. .o.n. .a P300,000 i.n.s.t.a.l.l.m.e.n.t. .l.o.a.n. .i.f. .t.h.e. .f.u.n.d.s. .a.r.e. .b.o.r.r.o.w.e.d. .f.o.r 24 m.o.n.t.h.s. .a.t. .a.n. .a.n.n.u.a.l. .i.n.t.e.r.e.s.t. .r.a.t.e. .o.f 8%. F.i.n.d. .t.h.e. .f.i.n.a.n.c.e. .c.h.a.r.g.e.s. .o.n. .a. 7.5%, 18 - .m.o.n.t.h.,. .s..in.g.l.e.-.p.a.y.m.e.n.t. .l.o.a.n. .w.h.e.n. .i.n.t.e.r.e.s.t. .i.s. .c.o.m.p.u.t.e.d. .u.s.i.n.g. .t.h.e. .s.im.p.l.e. .i.n.t.e.r.e.s.t. .m.e.t.h.o.d... .Fi.n.d. .t.h.e. .f.in.a.n.c.e. .c.ha.r.g.e.s. .o.n. .t.h.e. .s.a.m.e. .l.o.an. .w.h.e.n. .i.n.t.e.r.e.s.t. .i.s. .c.o.m.p.u.t.e.d. .u.s.i.n.g. .t.h.e. .d.i.s.c.o.u.n.t. .m.e.t.h.o.d... .D.e.t.e.r.m.i.n.e. .t.he. .A.P.R. .i.n. .e.a.c.h. .c.a.s.e.Errors During the course of your examination of the financial statements of Burnett Co., a new client, for the year ended December 31, 2019, you discover the following: Inventory at January 1, 2019, was understated by 6,000. Inventory at December 31, 2019, was overstated by 5,000. During 2019, the company received a 1,000 cash advance from a customer for merchandise to be manufactured and shipped during 2020. It had credited the 1,000 to sales revenue. The companys gross profit on sales is 50%. Net income reported on the 2019 income statement (before reflecting any adjustments for the above items) is 20,000. Required: Next Level What is the correct net income for 2019?Present and future values of $1 at 3% are presented below: N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Debbie has $368,882 accumulated in a 401K plan. The fund…
- kamau uhuru recorded the following wages and salaries ksh 2000 rent ksh 8000 depreciation ksh 1000 entertainment for self ksh 2000 calculate the total dis allowable expenses a. 18,000 b. 10000 c. 12000 d. 3000Gerald company question attahed in ss below thanks for hlp aprpeciatef jrihjhjt iohj51 hi5 i5L.a.r.g.a. .I.n.d.u.s.t.r.i.e.s. .h.a.s. .o.u.t.s.t.a.n.d.i.n.g. . $1,000 p.a.r. .v.a.l.u.e. .b.o.n.d. .w.i.t.h. a.n. 8% c.o.u.p.o.n. .i.n.t.e.r.e.s.t. .r.a.t.e... .T.h.e. .b.o.n.d. .h.a.s. 12 y.e.a.r.s. .r.e.m.a.i.n.i.n.g. .t.o. .i.t.s. .m.a.t.u.r.i.t.y. .d.a.t.e.a. I.f. t.h.e. .i.n.t.e.r.e.s.t. .i.s. .p.a.i.d. .a.n..nu.a.l.l.y.,. .f.i.n.d. .t.h.e. .v.a.l.u.e. .o.f. .t.h.e. .b.o.n.d. .w.h.e.n. .t.h.e. .r.e.q.u.i.r.e.d. .r.e.t.u.r.n. .i.s. (1) 7%, (2) 8%, (3) 10%.b. I.n.d.i.c.a.t.e. .f.o.r. .e.a.c.h. .c.a.s.e. .i.n. .p.a.r.t. .w.h.e.t.h.e.r. .t.h.e. .b.o.n.d. .i.s. .s.e.l.l.i.n.g. .a.t. .a. .d.i.s.c.o.u.n.t.,. .a.t. .a. .p.r.e.m.i.u.m.,. .o.r. .a.t. .i.t.s. .p.a.r. .v.a.l.u.e.c. U.s.i.n.g. .t.h.e. . 10% r.e.q.u.i.r.e.d. .r.e.t.u.r.n.,. .f.i.n.d. .t.h.e. .b.o.n.d.’.s. .v.a.l.u.e. .w.h.e.n. .i.n.t.e.r.e.s.t. .is. .p.a.i.d. .s.e.m.i.-.a.n.n.u.a.l.l.y..
- Prob. Return (%) B 0.1 40 G 0.2 30 O 0.3 15 L 0.2 2 S 0.2 -12 where B-Bloom,G-Good, O-Ok, L-Level and S- Slump Probability(p(x)) Return(x) (%) x*p(x) x2*p(x) B 0.1 40 0.1*40=4 0.1*402=160 G 0.2 30 0.2*30=6 0.2*302=180 O 0.3 15 0.3*15=4.5 0.3*152=67.5 L 0.2 2 0.2*2=0.4 0.2*22=0.8 S 0.2 -12 0.2*-12=-2.4 0.2*(-12)2=28.8 Expected return==E(x)=∑x*p(x)=4+6+4.5+0.4-2.4 =12.5% Variance of return=E(x2)-[E(x)]2 E(x2)=∑x2p(x)=160+180+67.5+0.8+28.8 = 437.1 Variance= 437.1-(12.5)2 = 280.85 sd of return= 280.85 = 16.76% The expected return on Granny's gold investment is 12.5% The sd of return on Granny's gold investment is 16.76% 1. In your own words, define the two components of total risk? Give examples of both risks.2. How is beta estimated or calculated?A. Find the missing value, Show your solution. Simple interest 7. P = $ 4,800 ; I = $ 1,878 ; N = 5 yrs & 5 mons8. P = $ 3,950 ; i = 6 ¾ % ; N = 3 yrs and 1 mon.1 . E u r o D e s i g n s , I n c . , e x p e c t s s a l e s d u r i n g 2 0 1 3 t o r i s e f r o m t h e 2 0 1 2 l e v e l o f $ 3 . 5 m i l l i o n t o $ 3 . 9 mi l l i o n . B e c a u s e o f a s c h e d u l e d l a r g e l oa n p a y m e n t , t h e i n t e r e s t e x p e n s e i n 2 0 1 3 i s e x p e c t e d t o d r o p t o $ 3 2 5 , 0 0 0 . T h e f i r m p l a n s t o i n c r e a s e i t s c a s h d i v i d e n d p a y m e n ts d u r i n g 2 0 1 3 t o $ 3 2 0 , 0 0 0 . T h e c o m p a n y’ s y e a r - e n d 2 0 1 2 i n c o m e s t a t e m e n t f o l l o w s. a . U s e t h e p e r c e n t - o f - s a l e s m e t h o d t o p r e p a r e a 2 0 1 3 p r o f o r m a i n c o m e s t a te m e n t f o r E u r o D e s i g n s , I n c . b . E x p l a i n w h y t h e s t a t e m e n t m a y u n d e r e s t i m a t e t h e c o m…