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- QUESTION 1: Choicesa. 168,000,000b. 144,000,000c. 184,000,000d. 156,000,000QUESTION 2: Choices a. 92,000,000b. 36,000,000c. 84,000,000d. 68,000,000ᴀ ᴄᴏᴍᴘᴀɴʏ ɪꜱ ᴄᴏɴꜱɪᴅᴇʀɪɴɢ ᴛᴡᴏ ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇꜱ ᴡɪᴛʜ ʀᴇɢᴀʀᴅꜱ ᴛᴏᴇQᴜɪᴘᴍᴇɴᴛ ᴡʜɪᴄʜ ɪᴛ ɴᴇᴇᴅꜱ. ᴛʜᴇ ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇꜱ ᴀʀᴇ ᴀꜱ ꜰᴏʟʟᴏᴡꜱ:ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇ ᴀ:ᴘᴜʀᴄʜᴀꜱᴇᴄᴏꜱᴛ ᴏꜰ ᴇQᴜɪᴘᴍᴇɴᴛ 700,000ꜱᴀʟᴠᴀɢᴇ ᴠᴀʟᴜᴇ 100,000ᴅᴀɪʟʏ ᴏᴘᴇʀᴀᴛɪɴɢ ᴄᴏꜱᴛ 500ᴇᴄᴏɴᴏᴍɪᴄ ʟɪꜰᴇ, ʏᴇᴀʀꜱ 10ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇ ʙ: ʀᴇɴᴛᴀʟ ᴀᴛ 1,500 ᴘᴇʀ ᴅᴀʏ.ᴀᴛ 18% ɪɴᴛᴇʀᴇꜱᴛ, ʜᴏᴡ ᴍᴀɴʏ ᴅᴀʏꜱ ᴘᴇʀ ʏᴇᴀʀ ᴍᴜꜱᴛ ᴛʜᴇ ᴇQᴜɪᴘᴍᴇɴᴛ ʙᴇ ɪɴ ᴜꜱᴇɪꜰ ᴀʟᴛᴇʀɴᴀᴛɪᴠᴇ ᴀ ɪꜱ ᴛᴏ ʙᴇ ᴄʜᴏꜱᴇɴ.CHOICES: ₱24,000 ₱ 3,000 ₱22,000 ₱ 2,000
- P0 P3,000,000 P3,600,000 P4,000,000 answer not givenInvestment reporting Teasdale Inc. manufactures and sells commercial and residential security equipment. The comparative unclassified balance sheets for December 31, Year 2 and Year 1 are provided below. Selected missing balances are shown by letters. Teasdale Inc. Balance Sheet December 31, Year 2 and Year 1 Dec. 31, Year 2 Dec. 31, Year 1 Cash 160,000 156,000 Accounts receivable (net) 11S.OOO 108,000 Available for-sale investments (at cost)Note 1 a. 91,200 Plus valuation allowance for available-for-sale investments b. 8,776 Available for-sale investments (fair value) c 99,976 Interest receivable d. Investment in Wright Co. stockNote 2 e. 69,200 Office equipment (net) 96,000 105,000 Total assets f. 5538,176 Accounts payable 91,000 72,000 Common stock 80,000 80,000 Excess of issue price over par 250,000 250,000 Retained earnings g 127,400 Unrealized gain (loss) on available for-sale investments h. 8,776 Total liabilities and stockholders' equity S i. 5538,176 Note 1. Investments are classified as available for sale. The investments at cost and fair value on December 31, Year 1, are as follows: No. of Shares Cost per Share Total Cost Total Fair Value Alvarez Inc stock 960 38,00 36,480 39,936 Hirsch Inc. stock 1,900 28,80 4,720 60,040 91,200 99,976 Note 2. The Investment in Wright Co. stack is an equity method investment representing 30% of the outstanding shares of Wright Co. The following selected investment transactions occurred during Year 2: Mar. 18. Purchased 800 shares of Richter Inc. at 40, including brokerage commission. Richter is classified as an available-for-sale security. July 12. Dividends of 12,000 art: received on the Wright Co. investment. Oct 1. Purchased 24,000 of Toon Co. 4%, 10-year bonds at 100. the bonds are classified as available for sale. The bonds pay interest on October 1 and April 1. December 31. Wright Co. reported a total net income of 80,000 for Year 2. Teasdale recorder equity earnings for its share of Wright Co. net income. 31. Accrued interest for three months on the Toon Co. bonds purchased on October 1. 31. Adjusted the available-for-sale investment portfolio to fair value, using the following fair value per-share amounts: Available for Sale Investments Fair Value Alvarez Inc. stock 41,50 per share Hirsch Inc stock 26,00 per share Richter Inc. stock 48,00 per share Toon Co. bonds 101 per 100 of face amount 31. Closed the Teasdale Inc. net income of 51,240. Teasdale Int. paid no dividends during the year. Instructions Determine the missing letters in the unclassified balance sheet. Provide appropriate supporting calculations.ANSWERS: PI= 1.44 IRR i%= 31.39% ERR i%= 23.71% PAYBACK Simple= 2.5 years and Discounted= between 3&4 years B/C Conventional= 1.44 and Modified= 1.44
- Q.3 concord corporation’s activity cost for the first three months of 2022 are as follows:D Question 32 Given an ROE of 17.8%, EM of 2.6, Sales of $1.8M, TAT of 2.1, find Net Income. O $75,282 O $58,680 O $67,390 O $88,020 2.5H1. Question 4. Calculate the Current assets from the following: Current liabilities $35978, Current ratio 3. a $11992.70 b $11900 c $107934