Uncategorized

  Problem Set 4   Complete all questions listed below. Clearly label your answers.      1.      What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1, whereas interest-earning savings accounts and Treasury bills are not?     2.      Why are banks able to maintain reserves […]

Following are selected financial data in thousands of dollars for the Hunter Corporation. Current assets $500 Fixed assets, net 700 Total assets 1,200 Current liabilities 300 Long-term debt 200 Common equity 700 Total liabilities and equity Net sales $1,200 Net sales $1,500 Total expenses -1,390 Net income 110 a.Calculate Hunters rate of return on total […]

Acct 504 Case Study 3 The LBJ Company has budgeted sales revenues as follows:                                                                                      April                  May               JuneCredit sales                                                            $94,000             $89,500             $75,000Cash sales                                                                48,000               75,000               57,000Total sales                                                            $142,000          $164,500          $132,000 Past experience indicates that 30% of the credit sales will be collected in the month of sale and the remaining 70% […]

Unit 7: Music – Discussion STUDENT 1 The two songs I listened to were Staying in Love by Raphael Saadiq and Kerosene by Miranda Lambert. I’m not familiar with these artists so I had to Google the lyrics to get the actual song names. Raphael Saadiq’s performance was energetic yet simple. The instruments and music […]

P1. AQ&Q has EBIT of $2 million, A) What is AQ&Q’s indifference level of EBIT? B) Given its current situation, might it benefit from increasing or decreasing its use of debt? Explain. C) Suppose we are told AQ&Q’s average tax rate is 40%. How does this affect your answers to (a) and (b)?    P4. […]

Final Exam Please provide your answers as follows in the Assignment newsgroup (Excel spreadsheet is preferred): 1. A 2. B 3. B, etc Chapter 1 The Goals and Functions of Financial Management Multiple Choice Questions 1. What is the primary goal of financial management? A) Increased earnings B) Maximizing cash flow C) Maximizing shareholder wealth […]

  Question 1 1.        What is whistle blowing, and why is it important to the study of business ethics? Provide details. Discuss the reasons why an employee would refrain from reporting potentially unethical behavior within his/her organization? Should a corporation establish an ethics hotline? Discuss the advantages and disadvantages of having one.     Question […]

A firm allocates factory overhead using one cost pool with direct labor hours as the allocation base. The firm has two production departments (A1 and A2). The new accountant at the firm estimates that next year the total factory overhead costs will be $4,000,000 and approximately 500,000 direct labor hours will be worked. The accountant […]

A Theater is interested in estimating fixed and variable costs. The following data are available:                                             Total Cost         No. of Tickets Sold January                            $172,000                          20,000 February                         $176,000                          19,500 March                               $180,500                          25,500 April                                  $170,500                          21,500 May                                   $190,000                          25,000 June                                   $188,000                          26,500   Use regression analysis to estimate fixed cost per month and variable costs per […]

The company sells a large variety of tee shirts and sweatshirts. The owner, is thinking of expanding his sales by hiring local high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school. These sweatshirts would have to be ordered from the manufacturer six weeks in […]