1. Describe at least three specific individual differences that may give you an advantage in the workplace. (1-3 sentences. 1.5 points) Co-workers with diverse cultural backgrounds bring unique experiences and perceptions to the table in groups and work teams. Another advantage of workplace diversity is the opportunity for employees' personal growth. Being exposed to new ideas, cultures and perspectives can help individuals to reach out intellectually and gain a clearer view of their surroundings and their place in the world. Diversity can strengthen your company's relationships with specific customer groups by making communication more effective.…
Suppose that, instead of preparing a lump sum today, Mike will deposit a fixed amount of money every year for the next 12 years in the same bank account. The first deposit will start at the end of this year. How much amount must he deposit per year?…
QUESTION 1 1. Annie's Attic has the following account balances for the dates given: Cash, Sept 1 $40,000 Cash, Sept 30 60,000 Accounts receivable, Sept 1 10,000 Accounts receivable, Sept 30 14,000 Owner's equity, Sept 1 ? Owner's equity, Sept 30 ? Supplies, Sept 1 30,000 Supplies Sept 30 24,000 Accounts payable, Sept 1 6,000 Accounts payable, Sept 30 ?…
2. (Former Midterm Exam Question) ABC Company is planning a real asset investment. ABC is a start-up firm, and therefore, it has no previous investments. Also, ABC has no other investments planned or contemplated other than the one described in this problem. For an investment of $I today, the expected cash flow to ABC in one year is $140,000. This cash flow is the profit on the investment, plus salvage, net of taxes and commissions, etc. The internal rate of return on the project is 40%. Currently, ABC has no debt in its financial structure and its book equity is zero. Book equity is the sum of share-capital and retained earnings. In order to undertake its investment, ABC needs to do some financing. They plan to sell ABC sells new shares to new shareholders in the amount of $I to finance their business investment. Immediately after the share issue and the required capital expenditure of $I, ABC’s market to book ratio for equity is 1.20 (there remains, nonetheless, one year before the expected cash flow benefit of $140,000 is received).…
Video Concepts, Inc. (VCI) markets video equipment and film through a variety of retail outlets. Presently, VCI is faced with a decision as to whether it should obtain the distribution rights to an unreleased film titled Touch of Orange. If this film is distributed by VCI directly to large retailers, VCI’s investment in the project would be $150,000 and the total market for the film is estimated at 100,000 units. Other data are as follows:…
b) If the company does undertake the investment what is the value per share now? (10 pts)…
3) Sheffield Company had the following information taken from its 2006 adjusted trial balance: Sales, $400,000; Sales Discounts, $12,000; Beginning Inventory, $20,000; and Purchases, $200,000. A physical count of the merchandise on hand at the end of the year showed $25,000. Compute the gross margin (gross profit) that would appear in the income statement. (10P)…
-Martin Industries just paid an annual dividend of $1.30 a share. The market price of the stock is $36.80 and the growth rate is 6.0 percent. What is the firm's cost of equity?…
2. William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involves time-travel their clients may be harmed during a small but significant portion of the travels. Consequently, William and Theodore would like a business form that will shield their personal wealth from any legal claims that the firm might be subject to after one of the travel mishaps. If William and Theodore are the only investors in this U.S. domiciled firm, which legal form of organization would be best for Excellent Adventures to protect both William…
1. The accounting measure of a firm's equity value generated by applying accounting principles to asset and liability acquisitions is called ________.…
Which of the following is NOT normally regarded as being a barrier to hostile takeovers? (Points : 5)…
Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.…
The preferred stock of Wellcare Inc. is currently trading at $115.79. If the required rate of return is 9.5 percent, what is the quarterly dividend paid by this stock?…
Assume working capital is $45,000 and the current ratio is 4:1. What are current liabilities?…
Question 7 (10 points) The Johnson family is worried about their ability to pay college tuition for their daughter Chloe. Tuition rates are currently $9,500 per year at the state college and have been increasing at a rate of 7% annually. Chloe will begin college in 7 years. The Johnson’s have $9,500 set aside now in a college plan that will earn 6% per year. They recently heard about a plan to pre-pay tuition at current rates, that is pay $9,500 per year of college. Should they pre-pay Chloe’s first year now or keep the money invested and pay the tuition 7 years from now? How much are they saving in FV terms with this decision? Don't Pre-pay; 781 Don't Pre-pay; 685 Pre-pay; 970 Pre-pay; 685 Pre-pay; 781 Don't Pre-pay; 970 We don’t need to make any calculations in order to determine which option is better, the right option to choose is of course pre-pay, what we need to find now is how much they will save in choosing this option. 1,07 7 − 1 × 9.500$ = ( 1 + 0,009 ) × 9.500$ = 1,0097 × 9.500$ = 1,065 × 9.500$ = 10.114,9$ 1+ 1,06 ( 10.114,9 − 9.500 ) $ = 614,9$ There isn’t any option equal to this solution but the nearest one is 685, so Pre-pay; 685 will be the right option.…