Self Assessment HW8C EOQ Average Inventory

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Question-1

Cheeseburger and Taco Company purchases 6,440 boxes of cheese each year. It costs $22 to place and ship each order and $3.10 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity. Round the answer to the whole number.

Question-2

Cheeseburger and Taco Company purchases 10,408 boxes of cheese each year. It costs $15 to place and ship each order and $6.31 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the average inventory held during the year ? Round the answer to the whole number.

Question-3

Cheeseburger and Taco Company purchases 13,346 boxes of cheese each year. It costs $10 to place and ship each order and $4.01 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the average inventory held during the year?

Question-4

Cheeseburger and Taco Company purchases 12,742 boxes of cheese each year. It costs $11 to place and ship each order and $4.74 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. How many orders will be placed each year ? Round the answer to the whole number.

Question-5

Cheeseburger and Taco Company purchases 16,063 boxes of cheese each year. It costs $22 to place and ship each order and $8.57 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity. Round the answer to the whole number. Self- Assessment HW8C (EOQ, Average Inventory)

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Self Assessment HW8B Carrying Costs and Ordering Costs

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Question-1

Post Card Depot, a large retailer of post cards, orders 7,156,013 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 23 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.13 per post card per year. The ordering cost is $388 per order. What are the annual carrying costs of post card inventory (round the answer to two decimal places)?

Question-2

Post Card Depot, an large retailer of post cards, orders 6,569,979 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.13 per post card per year. The ordering cost is $460 per order. What is the annual carrying costs of post card inventory ? (round the answer to two decimal places)

Question-3

Post Card Depot, a large retailer of post cards, orders 6,321,485 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 16 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.24 per post card per year. The ordering cost is $358 per order. What are the annual ordering cost of the post card inventory? (Round the answer to two decimal places)

Question-4

Post Card Depot, an large retailer of post cards, orders 3,585,637 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 13 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.05 per post card per year. The ordering cost is $202 per order. What is the annual ordering cost of the post card inventory ? (Round the answer to two decimal places) Self-Assessment HW8B (Carrying Costs and Ordering Costs).

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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

Managerial Finance Homework Help

We at Accounting Assignments Help provide Managerial Finance Homework Help with step by step calculation and explanation 24*7 from our finance experts.

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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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

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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Conversion of Bonds

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Conversion of Bonds

E16-2(Conversion of Bonds) Aubrey Inc. issued $4,000,000 of 10%, 10-year convertible bonds on June 1, 2007, at 98 plus accrued interest. The bonds were dated April 1, 2007, with interest payable April 1 and October 1. Bond discount is amortized semiannually on a straight-line basis.

On April 1, 2008, $1,500,000 of these bonds were converted into 30,000 shares of $20 par value common stock. Accrued interest was paid in cash at the time of conversion.Continue reading

Issuance of Bonds with Detachable Warrants

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Issuance of Bonds with Detachable Warrants 

E16-8(Issuance of Bonds with Detachable Warrants) On September 1, 2007, Sands Company sold at 104 (plus accrued interest) 4,000 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No market value can be determined for the Sands Company bonds. Interest is payable on December 1 and June 1. Bond issue costs of $30,000 were incurred.
Instructions
Prepare in general journal format the entry to record the issuance of the bonds. (AICPA adapted)Continue reading

Stock Issued for Land and Issuance

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Stock Issued for Land and Issuance 

E15-3(Stock Issued for Land) Twenty-five thousand shares reacquired by Elixir Corporation for $53 per share were exchanged for undeveloped land that has an appraised value of $1,700,000. At the time of the exchange the common stock was trading at $62 per share on an organized exchange.Continue reading

Health Care Management Finance Quiz

We at Accounting Assignments Help provide Health Care Management Finance Quiz Help with step by step calculation and explanation 24*7 from our finance experts.

Question 1

According to the National Institute for Health Care Management: Understanding U.S. Health Care Spending article, which of the following are correlated with the rising obesity rates in the U.S.? (Select all that apply)

Question 1 options:

  • Increase in other chronic health conditions
  • Increase in the determinants of health
  • Increase in health spending
  • Decrease in provider visits

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