Calculate the net asset value, Inn, dollars and the number of shares purchase for the mutual fund. Round shares to thousandths( three decimal places)? (The net asset value is correct I put for shares purchase 805 and it’s wrong)
Q: and Pepsi hal brar PepsiCo products exceed $66 billion. Compare the two companies as a potential…
A: There are many ratios used for comparison between the companies and selecting best companies for…
Q: Could you please calculate d. Thank you.
A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…
Q: A family friend has asked your help in analyzing the operations of three anonymous companies…
A: Net Operating Income or NOI : is a formula used by real estate professionals to rapidly determine…
Q: Using the data below for the Ace Guitar Company: Sales Cost of goods sold. Selling expenses Support…
A: Income statement: Income statement is the financial statement which shows the financial performance…
Q: Calculate the estimated break-even point in annual unit sales of the new product if Crane Company…
A: BREAKEVEN POINT Break Even means the volume of production or sales where there is no profit or…
Q: k k As a newly appointed Chief Supply Chain Officer at YS Medical Devices, you want to figure out…
A: Cash conversion cycle is the number of days within which the company can turn its short-term…
Q: Compute the following for year 2: 2-a. Percentage markup on sales. (Round percentage answer to 1…
A: Since you have posted a question with multiple sub-parts, we will do the first three sub-parts for…
Q: On December 31, 2024, Blue Inc. borrowed $4,320,000 at 13% payable annually to finance the…
A: Golden Rules of Accounting: Account Debit Credit Personal Accounts The Receiver The…
Q: Question. In 2006, Jarrett Company purchased a tract of land as a possible future plant site. In…
A: INTRODUCTION: In a company's accounting records, expense accounts keep track of data regarding…
Q: tandard Product Cost, Direct Materials Variance Condiments Company uses standards to control its…
A: Direct materials are the resources and materials used in the production of a product that may be…
Q: Albatross Airline’s fixed operating costs are $6.0 million, and its variable cost ratio is 0.25. The…
A: The question is based on the concept of Financial Management. Leverage is the utilization of the…
Q: The custodian of a $450 petty cash fund discovers that the fund has $55.90 in coins and currency…
A: Petty Cash :A petty cash fund is a small quantity of corporate cash that is frequently kept on hand…
Q: Question. 9 Reliable accounting and financial reporting aid society in allocating resources in an…
A: INTRODUCTION: The term "auditing" often refers to an unbiased examination and evaluation of a…
Q: 2. Journalize the transactions and the adjusting entries on December 31. Scroll down to access pages
A: INTRODUCTION: A journal entry is often recorded in the general ledger, but it can also be recorded…
Q: TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried…
A: Variance is the comparison between the standard performance and actual performance of the company.…
Q: Suppose Beth comes into a large sum of money and decides to lend it out to earn interest on it.…
A: INTRODUCTION: A financial intermediary is a third party that creates an environment for multiple…
Q: According to the producer price index database maintained by the Bureau of Labor Statistics, the…
A: In order to determine the times interest earned ratio, the earning before interest and taxes are…
Q: ) An asset owned by Photon Environmental was book-depreciated by the straight-line method over a…
A: Depreciation is very important because value of assets decrease the time and showing in account is…
Q: 1. All associations or corporations enumerated under Sec. 30 of the NIRC on exempt association are…
A: D is the correct solution. i.e Both Statements are true.
Q: Zevenue: Product Service Total revenue Cost of revenue: Product Service Total cost of revenue Gross…
A: The common size income statement is a financial statement in which data of 2- 3 years are presented…
Q: Describe 3 examples of items (transactions) that would require reconciliation of total governmental…
A: Describe 3 examples of items (transactions) that would require reconciliation of total governmental…
Q: 3. At the Happy Ever After Bar, the new manager Patrick has been told they use the following methods…
A: Formulae: Contribution margin = Revenue - variable cost Pricing factor = Selling price/cost…
Q: Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary…
A: Introduction: Management estimates the standard costs for the product to be manufactured to control…
Q: 1. In a wash sale, loss is not deductible 2. In a merger or consolidation, or transfer to a…
A: Wash sale is a transaction in which an investor sells or trades security in a loss and purchases…
Q: There are two (2) costing systems (techniques) that organizations use to budget for the…
A: The costing system is used for the valuation of production cost which helps in determining the sales…
Q: 5. Wellco received $25,000 in accounts receivable for merchandise sales. (a) 9.0
A: Journal entry is a primary entry that records the financial transactions initially. The transactions…
Q: Which of the following is a reason for a company to implement a knowledge management system? Select…
A: A knowledge management system is a system through which essential and relevant information is…
Q: Required information The Foundational 15 (Static) [LO10-1, LO10-2] Skip to question [The…
A: The money you have left over after paying your regular expenses, such as your mortgage, credit card…
Q: Answer the following questions in depth .... Why do accountants have to classify items as capital…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: SPICER COMPANY Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory…
A: Cash Flow Statement - Statement of cash flow show the inflow and outflow of cash during the…
Q: The cost of equipment purchased by Swifty, Inc., on June 1, 2025, is $100,800. It is estimated that…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: 1. Wellco paid $14,500 in cash for a delivery truck. (a) (b) (c) S (d) (e) S (f) (g) (h) S (1) (1) S…
A: ANSWER Here the question is asked to enter the data into T-accounts So first need to Journalize the…
Q: The amount of gross profit recognized in 2013 using the percentage of completion method must be: a.…
A: The various methods are used to estimate the profits or losses for the long term contract. The…
Q: Describe the advantages and disadvantages of finding the fixed and variable elements of semi-…
A: The high-low method is one of the tool in cost accounting. This method is used widely to bifurcate…
Q: For the return on equity (ROE) and return on assets (ROA) ratios, perform a DuPont decomposition and…
A: DUPONT represents the efficiency of the company to use its shareholders equity. It focuses on the…
Q: Brass Corporation declared and paid $4,700 of cash dividends during the current year ended December…
A: The question is based on the concept of Financial Accounting. As per the Bartleyby guidelines we are…
Q: Able was in charge of purchasing computer equipment for ABC Corporation. Able set up a shell…
A: A pass through scheme is a scheme where an internal person commits the fraud. Here, Able is that…
Q: 1. For each rule, determine the character of the distribution. (C E&P is current earnings and…
A: A distribution by the company is the amount distributed from the earnings or profits after all the…
Q: TaskMaster employs a standard cost system in which direct materials inventory is carried at standard…
A: Direct Labour Rate Variance :— It is the difference between actual direct labour hours at Standard…
Q: 2-d. Percentage of total resources invested in property, plant, and equipment. (Round percentage…
A: 5 Essential Financial Ratios for Every Business. 1) liquidity ratios 2) leverage ratios…
Q: (Analyzing operating return on assets) The D. A. Winston Corporation earned an operating profit…
A: Lets understand the basics. Total assets turnover ratio indicates how much sales are generated using…
Q: If a company shows a profit on its Income Statement, how will this affect (a) the Balance Sheet and…
A: Explanation - There are three statements of the organization which show different accounting…
Q: The following T-accounts summarize the ledger of Concord Landscaping Company at the end of the first…
A: The question is based on the concept of Financial Accounting. Trial balance is the statement that…
Q: During 2020, Sheffield Furniture Company purchases a carload of wicker chairs. The manufacturer…
A: Raw materials used in production as well as finished products that are offered for sale are both…
Q: Metlock Corporation purchased a new machine for its assembly process on August 1, 2025. The cost of…
A: Because of usage, wear and tear, or obsolescence, the monetary worth of an object will depreciate…
Q: Beverage sales are cashiered with the sales tax included. Compute the separate amounts for beverage…
A: Sales tax is computed as a percentage on the value of sales. It is included in the final value of…
Q: Debit Credit Balance, December 31, prior year 13,800 Receipts from customers 82,800 Payments for…
A: Cash flow statement records the cash inflow and cash outflow transaction of the business for that…
Q: Contribution Margin by Segment The following data are for Elm Leaf Apparel: Sales volume (units):…
A: Income Statement :— It is one of the financial statement that shows profitability of company during…
Q: Exercise 28-12 (Algorithmic) (LO. 1) The entity reports the following transactions for the 2021 tax…
A:
Q: if you buy a business for $120,000, includes $20,000 for legal fees and $100,000 to the seller. fmv…
A: The acquisition cost is defined as the net price paid by the acquirer to the trader to successfully…
Step by step
Solved in 2 steps
- The following were taken from the proposed investment plan of Satue Incorporated: Cost of investment, P500,000; net cash inflows: P200,000; P150,000; P150,000; P100,000; and P50,000 for years 1, 2, 3, 4, and 5, respectively; and salvage value: P200,000; P150,000; P100,000; P70,000 and P50,000, for years 1, 2, 3, 4, and 5, respectively. Determine the bail-out years. • 3• 1• 2• 4LiabilitiesOMRAssetsOMRShare capital400,000Land and building280,000Net profit60,000Plant and machinery700,000General reserve80,000Stock400,000Debentures840,000Debtors200,000Creditors200,000Bills receivables20,000Bills payable100,000Cash80,000Total1,680,000Total1,680,000 1>calculate total current liabilites 2>calculate total Current assetsContinental Railroad Company is evaluating three capital investment proposals by using the net present value method. Relevant data related to the proposals are summarized as follows: MaintenanceEquipment RampFacilities ComputerNetwork Amount to be invested $614,361 $418,741 $186,316 Annual net cash flows: Year 1 318,000 229,000 134,000 Year 2 296,000 206,000 92,000 Year 3 270,000 183,000 67,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: 1. Assuming that the desired rate of return is 20%, prepare a net present value analysis for each proposal. Use…
- Payback Machine X Cumulative cash flow Machine Y Cumulative cash flow Investment 1,000,000 1,000,000 (1,000,000) (1,000,000) Year 1 $500,000 (500,000) $200,000 (800,000) Year 2 $500,000 0 $300,000 (500,000) Year 3 $300,000 $500,000 0 Year 4 $100,000 $500,000 Payback 2 years 3 years ARR Machine X ARR = Average Profit Average investment Therefore: Depreciation (1000, 000-200,000) /4 = 200000 = 200,000X 4 = 800,000 Profits before depreciation 1400,000 Less depreciation (800,000) Accounting Profit 600,000 Average profits 600,000/4yrs =150,000 Average investment = (initial investment + residual value)/2 = (1,000,000 + 200,000)/2 = 600,000 (Average profit/ average investment) X 100 = (150,000/600,000) X 100 = 25% Machine Y…If the company's assets in TL: cash 100.000, accounts receivable 50.000, inventory 150.000, and building 200.000 (market value 300.000) and the liabilities 300.000. If the price paid to acquire company 400.000 TL, how much is the goodwill under market value approach? Select one: a. 100.000 b. 300.000 c. 200.000 d. 150.000Fair value of plan assets 6,000,000 9,000,000Projected benefit obligation 4,500,000 5,000,000Prepaid/accrued benefit cost – surplus 1,500,000 4,000,000Asset ceiling 1,000,000 2,500,000Effect of asset ceiling 500,000 1,500,000During the year, the entity recognized current service cost P2,000,000, actual return on plan assets P400,000,and contribution to the plan P4,550,000 and benefits paid P1,950,000. The discount rate is 10%REQUIRED:6. Compute the employee benefit expense for the current year7. Compute the net remeasurement loss for the current year8. Compute the defined benefit cost9. Compute the amount of prepaid benefit cost that should be reported on December 31
- 10. PETRON Corporation sold a fixed asset for P100,000, which was also its book value. This isA. an investment cash flow and a source of funds.B. an operating cash flow and a source of funds.C. an operating cash flow and a use of funds.D. an investment cash flow and a use of funds. 11. SMART Corporation raises P500,000 in long-term debt to acquire additional plant capacity. This is consideredA. an investment cash flow.B. a financing cash flow.C. a financing cash flow and investment cash flow, respectively.D. a financing cash flow and operating cash flow, respectively. 12. All of the following are financing cash flows EXCEPTA. sale of stock.B. payment of stock dividends.C. increasing debt.D. repurchasing stock. 13. All of the following are operating cash flows EXCEPTA. net profit/earnings after tax.B. increase or decrease in current liabilities.C. increase or decrease in fixed assets.D. depreciation expense.ind the IRR for the following cash flows assuming a WACC of 10%. YR CF 0 -15,000 1 6,000 2 4,000 3 2,000 4 3,000 5 2,000- What is the investment carrying amount at December 31, 2021? A. P1,920,000 B. P1,790,000 C. P1,730,000 D. P1,700,000 - Assume the excess of acquisition cost over the underlying equity acquired is due to a piece of equipment with remaining life of 5 years on the date of investment acquisition, and a straight-line depreciation basis, what is the investment carrying amount at December 31, 2021? A. P1,920,000 B. P1,790,000 C. P1,745,000 D. P1,730,000
- Multiple choice: Assuming that SN North Company has the following net cash inflow: P60,000, P55,000, P50,000, and P45,000 for years 1, 2, 3, and 4, respectively. Assuming further that the company’s cost of capital is 25% for a net cost of investment of P120,000, how much is the present value of a salvage value which amounts to P45,000? • P18,400• P36,900• P23,000• P25,700Continental Railroad Company is evaluating three capital investment proposals by using the net present value method. Relevant data related to the proposals are summarized as follows: MaintenanceEquipment RampFacilities ComputerNetwork Amount to be invested $923,468 $584,381 $269,896 Annual net cash flows: Year 1 400,000 292,000 168,000 Year 2 372,000 263,000 116,000 Year 3 340,000 234,000 84,000 Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required: 1. Assuming that the desired rate of return is 12%, prepare a net present value analysis for each proposal. Use…$1897 mibns 000,0062 sw I Y al coles a bl 6) The Kaufmann Group is considering a $364,000 investment with the following net cash flows. Kauffman requires a 12% return on its investments. Annual Net Cash Flows Present Value of $1 at 12% Initial investment 1.0000 Year 1 $ 124,000 0.8929 Year 2 84,000 0.7972 Year 3 144,000 0.7118 Year 4 s istos bas 000,00 254,000 svenistot 008,20 0.6355 by Year 5 74,000 0.5674 The present value of this investment is: A) B) C) D) E) $483,588. $161,576. $119,588. $230,308. $281,005.
