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Part A (30 points)Record the following transactions in the basic accounting equation:a.Brian invests $10,000 cash to begin an accounting service.b.The company buys office furniture for cash, $600.c.The company buys additional office furniture on account, $300.d.The company makes a payment on the office furniture, $200.Brian’s Accounting Service ASSETS = LIABILITIES + OWNER’S EQUITY Cash + Office […]

1. Two mutually exclusive investments cost $10,000 each and have the following cash inflows. The firm’s cost of capital is 12%. Investment Cash inflow A B Year 1 $12,407 — Year 2 — — Year 3 — — Year 4 — $19,390 A. What is the net present value of each investment? B. What is […]

3. McBean Inc. reported net income of $300,000 for the year ended December 31, 2009. McBean Inc. had 50,000 shares of common stock outstanding throughout 2009. On January 1, 2009, McBean Inc. issued 400, five-year, $1,000 face value bonds at par. The bonds pay 6 percent interest, and each bond can be converted into 20 […]

Assignment 4: Merger, Acquisition, and International Strategies     Choose two (2) public corporations in an industry with which you are familiar – one (1) that has acquired another company and operates internationally and one (1) that does not have a history of mergers and acquisitions and operates solely within the U.S. Research each company on […]

  The Genesis operations management team is now preparing to implement the operating expansion plan. Previously, the firm’s cash position did not pose a challenge. However, the planned foreign expansion requires Genesis to have a reliable source of funds for both short-term and long-term needs. One of Genesis’s potential lenders tells the team that in […]

14) In a period of rising sales utilizing past cost and expense ratios (percent-of-sales method), when preparing pro forma financial statements and planning financing, will tend toA) understate retained earnings and understate the additional financing needed.B) overstate retained earnings and overstate the additional financing needed.C) understate retained earnings and overstate the financing needed.D) overstate retained […]

I am looking an answer to this; WACCCost of Debt #130 year bondsCurrent Price 98.25% of par value7.5% coupon rateSemi Annual Bond12 years to maturitytax rate 40%???What is total cost of debt?? I got 4.5%Pref. Stock #2Dividend $3.25Current Price $63.25???What is the cost of preferred??? I got 5.1%Equity #3Risk Free Rate 7.00%Market Risk Premium 6.00%Stock […]

One year ago XYZ Inc., issued $100 million of 11-year bonds with a 9% coupon, payable annually. The first coupon payment has just been paid. The bonds are callable at 103 beginning today. Floatation costs on that issue were $1 million. Copest has a 34% marginal tax rate.Since interest rates have fallen, XYZ is considering […]

Atleast 1 full page APA, Times New Roman 12pt This should be a written contract based on the set of facts below and using the attached required terms. Facts: You are a broke college student, who is a business major, in need of some extra tuition money for next quarter. Looking around your apartment, you […]

McGee Carpet and Trim installs carpets in commercial offices. Andrea McGee has been very concerned with the amount of time it took to complete several recent jobs. Some of her workers are very unreliable. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in […]