ECON6000 Economic Principles and Decision Making (Module 1 and 2 – Assessment 2)

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Module 1

  1. Draw a graph of the demand curve for a normal good like noodles
  2. Suppose income increases, will consumers buy more noodles; explain
  3. Why can we not get enough of organic food and products? Why is organic food more expensive than their inorganic counterpart?

Module 2

  1. Technology and wage inequality – explain how the Information Technology revolution like computer and network affects low and high skilled workers and their wages?
  2. Is there anything wrong in raising minimum wages?
  3. Calculate the Price Elasticity of Demand using midpoint formula with the following details.
    For an increase in price from ‘G’ to ‘H’, has the elasticity increases or decreased?
    G = (Quantity) 1800, (Price) 120
    H = (Quantity) 1600, (Price) 130

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FIN 6215 Corporate Financial Management Homework 4

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Introduction

Use the following information for Questions 1 through 3:

Assume you are given these mutually exclusive investments with the expected net cash flows as in the table:

Year Project A Project B
0 -400 -670
1 -528 210
2 -219 210
3 -250 210
4 1100 210
5 820 210
6 990 210
7 -325 210

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FIN 6215 Corporate Financial Management Homework 3

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Introduction

Use the following information for questions 1 through 4:

Stock A and Stock B prices and dividends, along with the Market Index, are shown below. Stock prices are reported for December 31 of each year, and dividends reflect those paid during the year. The market data are adjusted to include dividends.

Stock A: Stock B: Market Index
Stock Price Dividend Stock Price Dividend
2016 $25.88 $1.73 $73.13 $4.50 $17.09
2015 $22.93 $1.59 $78.45 $4.35 $13.27
2014 $24.75 $1.50 $73.13 $4.13 $13.01
2013 $16.13 $1.43 $85.88 $3.75 $9.96
2012 $17.16 $1.35 $90.00 $3.38 $8.40
2011 $11.44 $1.28 $86.33 $3.00 $7.05

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FIN 6215 Corporate Financial Management Homework 2

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Introduction

Assume that you are nearing graduation and have applied for a job with a local bank. The bank’s evaluation process requires you to take an examination that covers several financial analysis techniques. Answer the given questions.

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FIN 6215 Corporate Financial Management Homework 1

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Introduction

Assume that you recently graduated and have just reported to work as an investment advisor at a Wall Street firm. You have been asked to review the following income statement and balance sheet of one of the firm’s clients.

Your supervisor has developed the given set of questions for you to answer:Continue reading

ACCT8130 Flex MPA Take Home Section of Exam

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On January 1, 2016, Pichai Corporation acquired 80 percent of the outstanding voting stock of Sundar Company in exchange for $1,200,000 cash. At that time, although Sundar’s book value was $925,000, Pichai assessed Sundar’s total fair value at $1,500,000.Continue reading

ACC 620 Milestone Three Guidelines and Rubric

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Prompt: In the second milestone, you addressed income taxes and pensions for your portfolio. In the third and final milestone, you will add leases and the statement of changes to your portfolio.

IV. Leases

A. What are the differences between operating and capital leases?
B. Describe the particular leases of your company based on the liability section of your company’s balance sheet.
C. What impact have the leases had on the company’s financial statements for the most recent year?
D. Discuss the advantages and disadvantages of leasing a building versus purchasing one.Continue reading

BUS-FP4063 Assessment Help

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Exercise 1 Worksheet: Journal Entries

On January 1, 2015, the Parker Corporation acquired 10% of Simon Inc. for $420,000, even though Simon’s book value on January 1 was $3,400,000. Simon held land on its books that was undervalued by $200,000. In 2015, Simon earned $480,000 in net income and paid cash dividends of $180,000. Parker acquired an additional 30% of Simon January 1, 2016, for $1,200,000. Simon’s land remained undervalued as of that date by $240,000. Any excess cost was ascribed to a trademark with a life of 10 years for the first acquisition and a life of nine years for the second acquisition. Because fair values were not readily available, Parker maintained the initial investment of 10% at cost. The equity method will now be applied. In 2016, Simon reported $600,000 in income and $220,000 of distributed dividends.

Complete steps 1 and 2 below.

Step 1: Restate the 2015 purchase to the equity method in Tables 1, 2, and 3.

Step 2: Record the 2016 journal entries for Parker, using Tables 4–8 below.Continue reading

Managerial Accounting ACC650 Chapter 4 Quiz

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  1. Brooklyn sells a single product to wholesalers. The company’s budget for the upcoming year revealed anticipated units sales of 31,600, a selling price of $20, variable cost per unit of $8, and total fixed cost of $360,000. If Brooklyn’s unit sales are 200 units less than anticipated, it’s breakeven point will:
    • Increase by $12 per units sold
    • Decrease by $12 per units sold
    • Increase by $8 per units sold
    • Not change
  1. Which of the following methods of cost estimation relies on only two data points?
    • Least squares regression
    • The high low method
    • The visual fit method
    • Account regression
  1. A company observed a decrease in the cost per unit. All other things being equal which of the following is probably true?
    • The company is studying a variable cost, and the total volume has increased
    • The company is studying a variable cost and the volume has decreased
    • The company is studying a fixed cost and total volume has increased
    • The company is studying a fixed  cost and the volume has decreased
    • The company is studying a fixed cost and the total volume has remained constant

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Mcgraw-hill connect Homework Help

Mcgraw-hill Connect Homework Help

McGraw Hill Connect Answers: Best Way To Get Them 24/7 from Our Qualified Experts

You can experience difficulties with your schoolwork and assignments as an undergraduate, graduate, or professional student. Our goal is to assist you as you navigate your years as a student. Our primary goal at accountingassignmentshelp.com is to connect you with highly qualified individuals who can assist you with your academic work. You can access a variety of disciplines with the help of McGraw-Hill Connect, and you’ll receive direction at every turn. So why not choose a hassle-free approach of learning instead of using search engines and other freelancers to aid you with your academic subjects.

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Accounting

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Exercise 9-4 Interest-bearing notes payable with year-end adjustments 

Keesha Co. borrows $255,000 cash on November 1, 2017, by signing a 120-day, 11% notes with a face value of $255,000.

  1. On what date does this note mature?
    • March 27, 2018.
    • March 28, 2018.
    • March 29, 2018.
    • March 30, 2018.
    • March 01, 2018.

2 & 3.What is the amount of interest expense in 2017 and 2018 from this note?

4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.)

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Managerial Finance Homework Help

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Problem-1

Molteni Motors Inc. recently reported $2.25 million of net income. Its EBIT was $5 million, and its tax rate was 40%. What was its interest expense? (Hint:Write out the headings for an income statement and then fill in the known values. Then divide $2.25 million net income by 1 − T = 0.6 to find the pre-tax income. The difference between EBIT and taxable income must be the interest expense.)

Problem-2

Kendall Corners Inc. recently reported net income of $2.9 million and depreciation of $551,000. What was its net cash flow? Assume it had no amortization expense.Continue reading

Finance Week 7 Homework

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Problem 1

The Trektronics store begins each week with 460 phasers in stock. This stock is depleted each week and reordered. The carrying cost per phaser is $41 per year and the fixed order cost is $84. What is the current total carrying cost? (Do not round intermediate calculations.)

  1. The carrying costs are the average inventory times the cost of carrying an individual unit.
  2. What is the current restocking cost? (Do not round intermediate calculations.)
  3. What is the economic order quantity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  4. How many orders per year will Tektronics place if it orders the economic order quantity?

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Advance Accounting Homework Problems

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Problem-1

BuyCo holds 25 percent of the outstanding shares of Marqueen and appropriately applies the equity method of accounting. Excess cost amortization (related to a patent) associated with this investment amounts to $10,000 per year.  For 2014, Marqueen reported earnings of $100,000 and declares cash dividends of $30,000. During that year, Marqueen acquired inventory for $50,000, which it then sold to BuyCo for $80,000. At the end of 2014, BuyCo continued to hold merchandise with a transfer price of $32,000.

  1. What Equity in Investee Income should BuyCo report for 2014?
  2. How will the intra-entity transfer affect BuyCo’s reporting in 2015?
  3. If BuyCo had sold the inventory to Marqueen, how would the answers to (a ) and (b ) have changed?

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WileyPlus Homework Help

WileyPlus Homework Help

WileyPlus Homework Help 24/7 from Our Qualified Experts

When you have unlimited time to devote to your education, it’s simple to remain calm and confident, but for the thousands of students around the world who require a little extra assistance, services like Wileyplus are ready to help you through the process. The issue here is obviously that students still require assistance with their Wileyplus coursework. Every time a student uses their Wileyplus study materials to try to assist themselves, we receive a client who requires our assistance in overcoming the obstacles that the programme throws in their path. It may appear at times that using services like Wileyplus to receive assistance is just as challenging as doing the original job, but with our online support, it is feasible.

When you seek our assistance, Wileyplus answers won’t be a concern for you

Wileyplus is an excellent resource for advancing academically and supports a wide range of online learning techniques. Wileyplus provides a cutting-edge technical solution for your academic career, and we are the ideal intermediary to assist you in learning it. Even the most challenging topics, like Wileyplus financial accounting solutions, are simple to understand, and we won’t give up until you achieve.

We provide tools for the following:

  • Complete textbook responses
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  • Homework solutions

Problem-1

Match each situation with the fraud triangle factor (opportunity, financial pressure, or rationalization) that best describes it.

  • An employee’s monthly credit card payments are nearly 75% of their monthly earnings.
  • An employee earns minimum wage at a firm that has reported record earnings for each of the last five years.
  • An employee has an expensive gambling habit.
  • An employee has check-writing and -signing responsibilities for a small company, and is also responsible for reconciling the bank account.

Problem-2

The internal control procedures in Dayton Company result in the following provisions. Identify the principles of internal control that are being followed in each case.

  • Employees who have physical custody of assets do not have access to the accounting records. select a principle of internal control
  • Each month, the assets on hand are compared to the accounting records by an internal auditor. select a principle of internal control
  • A prenumbered shipping document is prepared for each shipment of goods to customers.

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CengageNOW Module Homework Help

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Problem-1

Andrews Company has $80,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding. The preferred stock is selling for $125 per share, and the common stock is selling for $20 per share.

Required

  1. Determine the amount of dividends to be paid to each class of shareholder for each of the following independent assumptions. If an amount box required no entry, leave it blank.
    a. Preferred stock is nonparticipating and noncumulative.
  2. Preferred stock is nonparticipating and cumulative. Preferred dividends are 2 years in arrears at the beginning of the year.
  3. For 1(a), compute the dividend yield on the preferred stock and the common stock.

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CengageNOW Module Two Homework Help

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Problem-1

Extreme Company reported the following information about its stock on its December 31, 2016, balance sheet:

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MyFinanceLab Assignment Homework Help

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Problem-1

(The basic structure of the U.S. financial​markets) Within the financial markets there are three principal sets of players that interact. ……….are those who have money to ​invest, including individuals accumulating money for a down payment and businesses that have excess cash. ………..are those who need money to finance their purchases such as a business expanding its inventory. Financial intermediaries bring savers and borrowers together.Continue reading

WileyPlus Homework Help Chapter 5

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Problem-1

The following information relates to Larkspur, Inc. for the year 2017. -WileyPlus Homework Help Chapter 5

Retained earnings, January 1, 2017 $58,560 Advertising expense $2,200
Dividends during 2017 6,100 Rent expense 12,690
Service revenue 76,250 Utilities expense 3,780
Salaries and wages expense 34,160 Other comprehensive income (net of tax) 490

Problem-2

Carla Vista Co. sold goods with a total selling price of $809,200 during the year. It purchased goods for $389,700 and had beginning inventory of $67,700. A count of its ending inventory determined that goods on hand was $60,900.
What was its cost of goods sold?Continue reading

Preparation of accounting records

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Flash Cleaning Services

Flash Cleaning Services commenced operations on 1 July 2018. The company opened a cleaning business – providing cleaning services to local schools, preschools and childcare centers. During its first month of operations, the following transactions occurred:Continue reading

Financial Ratio Analysis

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Financial Ratio

Better understanding of the financial statements used for corporate financial reporting and the key ratios used to make business decisions. Financial Ratio Analysis

Select a Fortune 500 Company from one of the following industries:

  • Pharmaceutical
  • Energy
  • Retail
  • Automotive
  • Computer Hardware

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