Uncategorized

Jan. 1 the total market value of the Tysseland Co. was $60 million. During the first year the company plans to raise & invest $30 million in new projects. The firms present market value structure is considered to be optimal. Assume that there is no short-term debt: Debt $30 million + common equity $30 million […]

500.xlsx Problem The Savings and Loan (S&L) industry case (excel solution)   The Savings and Loan (S&L) industry had an extremely difficult time during the 1980s, as interest rate levels reached new highs.    The following problem illustrates the nature of these difficulties.          Assume an S&L’s balance sheet is as follows. While this balance […]

      A  software producer has fixed costs of $20,000 per month and her Total Variable Costs (TVC) as a function of output Q are given below:     Q                        TVC                           […]

Buoyancy Lab  By Saturday, August 31, please complete this lab by performing the described buoyancy experiment and completing the lab report. Please see the attached Lab_Report-1 template to help you create the lab report.  You should be submitting your data table, analysis, and answers to the concluding questions.   In this experiment, you will measure […]

The Copperfield Mining Company owns two mines, which produce three grades of ore: high, medium, and low. It cost Copperfield $200 per hour to mine ore from mine 1, and it cost $160 per hour to mine ore from mine 2. The company developed the following mathematical model to determine the number of hours it […]

Problem Reed’s  Company  case (excel Answer)     1. Calculate a few ratios and compare Reed’s results with industry averages. (Some industry averages are shown in Exhibit 16.4.) What do these ratios indicate?   Why does Holmes want Reed’s to have an inventory reduction sale, and what does he think will be accomplished by it? Jim […]

The ABC Publishing CompanyÂ’s 2010 balance sheet and income statement are as follows (in millions of dollars): USE ATTACHED DATA** ABC and its creditors have agreed upon a voluntary reorganization plan. In this plan, each share of the $6 preferred will be exchanged for one share of $2.40 preferred with a par value of $37.50 […]

The following data were taken from the records of Blumbey Manufacturing Company for the fiscal year ended June 30, 2012.Raw Materials Inventory 7/1/11  $47,680  Factory Insurance  $4,690 Raw Materials Inventory 6/30/12  39,750  Factory Machinery Depreciation  15,950 Finished Goods Inventory 7/1/11  96,200  Factory Utilities  27,430 Finished Goods Inventory 6/30/12  96,280  Office Utilities Expense  8,730 Work in […]

Ray Tracing Exercise   By Friday, August 30, please complete the following exercise on ray tracing.   For this exercise, you will draw a ray tracing diagram for each question.    Your ray tracing diagram should show the image location for each question answered.   In addition, verify the image location by solving the lens […]

The current sections of Bellinham Inc.’s balance sheets at December 31, 2009 and 2010, are presented here. Bellinham’s net income for 2010 was $153,000. Depreciation expense was $24,000. 2010 2009 Current assets Cash $105,000 $99,000 Accounts receivable 110,000 89,000 Inventory 158,000 172,000 Prepaid expenses 27,000 22,000 Total current assets $400,000 $382,000 Current liabilities Accrued expenses […]