# Question: A) The Price Of A Stock Is Expected To Be K1000.00 In One Year’s Time. There Is A 40% Probability That The Stock Will Fall To K960.00 And That It Will Rise To A Particular Price. Calculate The Price Rise In The Event Of An Increase In The Price Of The Stock. (5 Marks) B) One Year Ago, The Bank Lent Money To Two Customers To Start Their Separate And …

Get college assignment help at uniessay writers a) The price of a stock is expected to be K1000.00 in one year’s time. There is a 40% probability that the stock will fall to K960.00 and that it will rise to a particular price. Calculate the price rise in the event of an increase in the price of the stock. (5 marks) b) One year ago, the bank lent money to two customers to start their separate and completely independent businesses. Unfortunately, their businesses did not go as planned and are now in financial difficulties. After assessing the potential risk of default, the bank attaches a 55% and 35% chance of repayment to each of the loans respectively with a 19.5% chance that the bank will recover the loans from both. Calculate the probability of recovering the money from either of the two (5 marks)

## Question: 6/4/20 Chapter 10 State And Local Governments: Introduction And General Fund Transactic Assume That The Steuben County Charter Requires A Balanced Budget And That Increasing The Tax Rate Is Politically Unacceptable. Compute The Maximum Amount Of Appropriations That Can Be Funded By Property Taxes Given The Increase In Assessed Valuation. C. Computing …

6/4/20 Chapter 10 State and Local Governments: Introduction and General Fund Transactic Assume that the Steuben County charter requires a balanced budget and that increasing the tax rate is politically unacceptable. Compute the maximum amount of appropriations that can be funded by property taxes given the increase in assessed valuation. C. Computing Available Funds are asked to determine the amount of available funds. After consulting your assistant and the city treasurer, you begin to analyze the following information. E10.5 As the newly-hired assistant controller for the City of Lancaster, you LO (in thousands) Dr (Cr) Cash in bank \$100,000 5,000,000 Estimated revenue 150,000 Budgetary deficit (4,600,000) 4,550,000 Revenue. Expenditures Accounts payable. Fund balance-assigned Fund balance-unassigned… (500,000) (350,000) (400,000) 4Assigned fund balance consists of outstanding encumbrances. 07H Required Calculate the funds available to be encumbered. a. Suppose it is now August 31, close to the September 30 fiscal year-end. Operating costs occur evenly throughout the year. What advice would you communicate concerning spending activity in September? The following information relates to actu- b. Reconstruct Budget Entry, Compute Fund Balance .6

## Question: PSA11.8 Here Are The Financial Statements Of Mountain King Tours Ltd Prepare A Statement Of Cash Lousdirect And Indirect Methods-and Calculate MOUNTAIN KING TOURS LTD Cash-basd Ratios (LO3,5 Statement Of Financial Position As At 31 December 2016 2016 2015 Assets Cash \$ 30000 S 13000 Accounts Receivable Inventory Equipment Less: Accumulated Depreciation …

PSA11.8 Here are the financial statements of Mountain King Tours Ltd Prepare a statement of cash lousdirect and indirect methods-and calculate MOUNTAIN KING TOURS LTD cash-basd ratios (LO3,5 Statement of financial position as at 31 December 2016 2016 2015 Assets Cash \$ 30000 S 13000 Accounts receivable Inventory Equipment Less: Accumulated depreciation 18000 14000 34000 35000 S70000 (30000) S78000 40 000 (24000) 54000 \$116000 Total \$122 000 Liabilities and equity Accounts payable Income tax payable Debentures payable Share capital Retained earnings S 29 000 33000 20000 15000 15000 10000 30 000 25000 28000 33000 Total \$122000 \$116000 MOUNTAIN KING TOURS LTD Statement of profit or loss for the year ended 31 December 2016 Sales Cost of sales \$250000 180000 Gross profit Selling expenses Administrative expenses 70000 \$28000 16000 44000 Interest expense 2000 Profit before income tax Income tax expense 24000 7000 Profit \$ 17000 Required (a) Prepare a statement of cash flows using the direct method for operating cash flows (b) Prepare a reconciliation of profit and cash provided by operations. (c) Calculate these cash-based measures: 1. Current cash debt coverage. 2. Cash return on sales ratio. 3. Cash debt coverage. 4. Free cash flow. (d) Discuss the cash adequacy of XYZ Children’s Centre Ltd, as revealed by the ratios calculated in part (c).

## Question: For Year Ending Dec 31, 2013 \$Mill Best Motors Works Is World-wide Maker Of Automobiles And Trucks. Here Is Their Partially Completed Income Statement For The Most Recent Total Revenue Fiscal Year. \$704 Cost Of Revenue \$574 Gross Profit Dilbert Bosendorfer, The CEO, Requested That You Calculate A Complete Set Of Financial Metrics For The Company. The …

For Year Ending Dec 31, 2013 \$Mill Best Motors Works is world-wide maker of automobiles and trucks. Here is their partially completed income statement for the most recent Total Revenue fiscal year. \$704 Cost of Revenue \$574 Gross Profit Dilbert Bosendorfer, the CEO, requested that you calculate a complete set of financial metrics for the company. The balance sheet showed \$15 million in cash, \$165 million of other assets, and an initial investment of \$344 million. General, Selling and Admin \$25 Depreciation Operating Income or Loss \$30 Interest Expense Pre-Tax Income \$15 ? Income Taxes \$2 Net Income What is Best Motor Works’s Gross Margin? odolars (Smil) Submit Answer Exit 2 4 6 PS4 1 5 7 3

## Question: Ky Work Exercise 10-23A Exchanging Assets LO P5 Gilly Construction Trades In An Old Tractor For A New Tractor, ReceMng A \$28,000 Trade-In Allowance And Paylng The Remalning \$84,000 In Cash. The Old Tractor Had Cost \$83,000, And Straight-line Accumulated Depreciation Of \$45,000 Had Been Recorded To Date Under The Assumption That It Would Last Elght Years …

Ky work Exercise 10-23A Exchanging assets LO P5 Gilly Construction trades In an old tractor for a new tractor, receMng a \$28,000 trade-In allowance and paylng the remalning \$84,000 In cash. The old tractor had cost \$83,000, and straight-line accumulated depreciation of \$45,000 had been recorded to date under the assumption that it would last elght years and have a \$11,000 salvage value. Answer the following questions assuming the exchange has commercial substance. 1. What Is the book value of the old tractor at the time of exchange? Book value 2. What Is the loss on this asset exchange? Loss on the exchange 2 What Is the loss on this asset exchange? Loss on the exchange 3. What amount should be recorded (debited) In the asset account for the new tractor? Amount debited Next 5 of 5

## A random sample of 4000 U.S. citizens yielded 2190 who are

A random sample of 4000 U.S. citizens yielded 2190 who are in favor of gun control legislation. Find the point estimate for estimating the proportion of all Americans who are in favor of gun control legislation.

## Question: Use The Following Information For Davis Company To Compute Inventory Turnover For Year 2 Year 2 Year 1 Cost Of Goods Sold 279,500 291,800 Ending Inventory 47,70e 49,350 Multiple Cholce 5.86 5.76 5.67 177 Prev 1 Of 10 Next> Ere To Search SAMSUNG

Use the following Information for Davis Company to compute Inventory turnover for Year 2 Year 2 Year 1 Cost of goods sold 279,500 291,800 Ending inventory 47,70e 49,350 Multiple Cholce 5.86 5.76 5.67 177 Prev 1 of 10 Next> ere to search SAMSUNG

## Question: Perfection Company Had Cost Of Goods Sold Of \$853,000, Ending Inventory Of \$70,500, And Average Inventory Of \$71,600. Its Inventory Turnover Equals Multiple Choice 19 10. 6.0 306 140 Costs Included In The Merchandise Inventory Account Can Incude All Of The Following Except Multiple Cholce Involce Price Minus Any Discount Transportation-in Storage Insurance …

Perfection Company had cost of goods sold of \$853,000, ending inventory of \$70,500, and average Inventory of \$71,600. Its Inventory turnover equals Multiple Choice 19 10. 6.0 306 140 Costs included in the Merchandise Inventory account can Incude all of the following except Multiple Cholce Involce price minus any discount Transportation-in Storage Insurance Damaged inventory that cannot be sold. 3

## Question: Marriott International, Inc., And Hvatt Hotels Corporation Are Two Major Owners And Managers Of Lodging And Resort Properties In The United States. Abstracted Income Statement Information For The Two Companies Is As Follows For A Recent Year: Hyatt (in Millions) Marriott (in Millions) Operating Profit Before Other Expenses And Interest Other Income …

Marriott International, Inc., and Hvatt Hotels Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year: Hyatt (in millions) Marriott (in millions) Operating profit before other expenses and interest Other income (expenses) Interest expense Income before income taxes \$677 39 54 118 (180) \$55 (54) Income tax expense Net income 93 \$458 37 \$66 587 tement Analysis ect inner Statement of financial position information is as follows: Hyatt (in millions) Marriott (in millions) \$2,125 5,118 \$7.398 1,585 \$8,983 Total liabilities Total shareholders’ equity Total liabilities and shareholders’ equity \$7,243 The average liabil ities, average shareholders’ equity, and average total assets we follows: vere as Hyatt (in millions) Marriott (in millions) Average total liabilities Average total shareholders’ equity Average total assets \$7,095 \$2,132 5,067 1,364 7,199 8,458 1. Determine the following ratios for both companies (round to one decimal place after the whole percent) on total assets a. Rate earned b. Rate eamed on shareholders’ equity c. Number of times interest charges are earned shareholders’ equity d. Rado of liabilities to Analyse and compare the two 2. 1 companies, using the information in (1).

## Question: Required Information The Following Information Applies To The Questions Displayed Below. Martinez Company’s Relevant Range Of Production Is 7,500 Units To 12,500 Units. When It Produces And Sells 10,000 Units, Its Average Costs Per Unit Are As Follows: Average Cost Per Unit Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing …

Required information The following information applies to the questions displayed below. Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense \$6.00 \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 \$1.00 S0.50 Sales commissions Variable administrative expense Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units? Total product cost

## Question: Required Information The Following Information Applies To The Questions Displayed Below,.] Martinez Company’s Relevant Range Of Production Is 7,500 Units To 12,500 Units. When It Produces And Sells 10,000 Units, Its Average Costs Per Unit Are As Follows: Average Cost Per Unit \$6.00 \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 Direct Materials Direct Labor Variable …

Required information The following information applies to the questions displayed below,.] Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit \$6.00 \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense \$1.00 Sales commissions Variable administrative expense \$0.50 2. For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units? (Do not round intermediate calculations.) Total period cost 4 5 6 17 of 24 Next> < Prev

## Question: PSA11.8 Here Are The Financial Statements Of Mountain King Tours Ltd Prepare A Statement Of Casb Lousdirect And Indirect Metbods-and Calculate MOUNTAIN KING TOURS LTD Cash-based Ratios (LO3,5) Statement Of Financial Position As At 31 December 2016 2016 2015 Assets Cash Accounts Receivable Inventory \$ 30000 S 13000 18000 14000 34000 35000 \$ 78000 \$ 70000 …

PSA11.8 Here are the financial statements of Mountain King Tours Ltd Prepare a statement of casb lousdirect and indirect metbods-and calculate MOUNTAIN KING TOURS LTD cash-based ratios (LO3,5) Statement of financial position as at 31 December 2016 2016 2015 Assets Cash Accounts receivable Inventory \$ 30000 S 13000 18000 14000 34000 35000 \$ 78000 \$ 70000 (30000) Equipment Less: Accumulated depreciation 40 000 (24000) 54000 \$116000 Total \$122 000 Liabilities and equity Accounts payable Income tax payable Debentures payable Share capital Retained earnings S 29 000 33000 15000 20000 15000 10000 30 000 25000 33000 28000 Total \$122000 \$116000 Required (a) Prepare a statement of cash flows using the direct method for operating cash flows (b) Prepare a reconciliation of profit and cash provided by operations. (c) Calculate these cash-based measures: 1. Current cash debt coverage. 2. Cash return on sales ratio. 3. Cash debt coverage. 4. Free cash flow. (d) Discuss the cash adequacy of XYZ Children’s Centre Ltd, as revealed by the ratios calculated in part (c).

## Question: PSB11.10 Below Is The Information Relating To Simic And Nikolic Ltd For The Year Ended 30 June 2016. Prepare A Statement Of Cash Flows, Including Asset Revaluations, Bones Share Ise And Transfer To Resernes, Using Direct And Indinect Methods SIMIC AND NIKOLIC LTD Statement Of Financial Position As At 30 June 2016 (LO3) 2016 2015 \$000 \$000 Assets Current …

PSB11.10 Below is the information relating to Simic and Nikolic Ltd for the year ended 30 June 2016. Prepare a statement of cash flows, including asset revaluations, bones share ise and transfer to resernes, using direct and indinect methods SIMIC AND NIKOLIC LTD Statement of financial position as at 30 June 2016 (LO3) 2016 2015 \$000 \$000 Assets Current assets 3150 1240 Cash 1 220 1 100 Accounts receivable Allowance for doubtful debts (60) 1520 60 (50) 1300 Inventory Prepaid insurance 40 Total current assets 5910 3610 Non-current assets Land 1630 1900 1670 Buildings Accumulated depreciation-buildings Plant and equipment Accumulated depreciation-plant and equipment Office equipment Accumulated depreciation-office equipment 2100 (500) (540) 1454 1258 (610) (440) 430 380 (270) (190) 260 Patents 280 4624 Total non-current assets 4188 Total assets \$10534 \$7798 Liabilities and equity Current liabilities Accounts payable Accrued expenses Interest payable Income tax payable Final dividend payable 750 260 500 280 100 80 1 100 1 120 600 500 Total current liabilities 2810 2480 Non-current liabilities Borrowings 3000 2200 Total liabilities 5810 4680 Equity Share capital Revaluation surplus General reserve Retained earnings 1400 260 1000 300 300 2764 200 1618 Total equity 4724 3118 Total liabilities and equity \$10534 \$7798 SIMIC AND NIKOLIC LTD Statement of profit or loss for the year ended 30 June 2016 s000 \$000 Sales revenue 14126 Gain from sale of land Gain on sale of equipment 210 230 14566 Less expenses Cost of sales 8876 Bad debts expense Depreciation 28 250 Insurance expense Interest expense Amortisation patents Other expenses 140 180 20 1796 11 290 Profit before income tax Income tax expense Current year Under-provision from previous year Profit for the period 3276 1 100 80 1 180 \$ 2096 Additional information (dollar amounts expressed in full units) 1. Equipment with an original cost of \$500000 was sold during the year 2. Land with an original value of \$600 000 was revalued upwards by \$160000 during the year 3. A bonus share dividend of \$200 000 was paid from the revaluation surplus 4. An interim dividend was paid during the year Required (a) Prepare a statement of cash flows, using the direct method. (b) Reconcile profit to cash provided by operating activities (Hint: This statement of cash flows is more complex, so you will need to reconstruct all the statement of financial position accounts to solve it.)

## Question: 1. 2. If 12,500 Units Are Produced And Sold, What Is The Variable Cost Per Unit Produced And Sold? (Round Your Answer To 2 Decimal Places) 3. If 8,000 Units Are Produced And Sold, What Is The Total Amount Of Variable Costs Related To The Units Produced And Sold? (Do Not Round Intermediate Claculations)

IThe following information applies to the questions displayed below. Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost per Unit \$6.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 \$1.00 \$0.50 3. If 8,000 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold 5 67

## Question: 1. 2. If 8,000 Units Are Produced, What Is The Avarage Fixed Manufacturing Coat Per Unit Produced? 3. If 12,500 Units Are Produced, What Is The Avarage Fixed Manufacturing Cost Per Unit Produced? (round Your Answer To 2 Decimal Places)

[The following information applies to the questions displayed below. Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units its average costs per unit are as follows: Average Cost per Unit \$6.00 \$3.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense \$1.50 \$4.00 \$3.00 \$2.00 \$1.00 \$0.50 6. If 12.500 units are produced and sold, what is the total amount of variable costs related to the units produced and sold? (Do not round intermediate calculations.) Total variable costs Prev 89 10 17 of 24 Next >

## Question: Per Monthn. D) Suppose An Investment Asset Has A Spot Price Of K25 And It Is Due To Pay A Fixed Dividend Of K2 In Three Months’ Time. The Asset Costs 1% Per Annum To Store. Three- Month (exactly 0.25 Year) Interest Rates Are 5.85% And Six-month (0.5 Year) Interest Rates Are 6%. What Is The Fair Six-month Forward Price For The Asset? Input Your (5 Marks) …

per monthn. d) Suppose an investment asset has a spot price of K25 and it is due to pay a fixed dividend of K2 in three months’ time. The asset costs 1% per annum to store. Three- month (exactly 0.25 year) interest rates are 5.85% and six-month (0.5 year) interest rates are 6%. What is the fair six-month forward price for the asset? Input your (5 marks) answer to two decimal places.

## Question: 1. 2.if 12,500 Units Are Produced, What Is The Total Amount Of Fixed Manufacturing Coat Incurred To Support This Level Of Production?

Required information The following information applies to the questions displayed below. Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense per Unit \$6.00 \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 \$1.00 \$0.50 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? Total fixed manufacturing cost

## Question: Martinez Company’s Relevant Range Of Production Is 7,500 Units To 12,500 Units. When It Produces And Sells 10,000 Units, Its Average Costs Per Unit Are As Follows Average Cost Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead Fixed Selling Expense Fixed Administrative Expense Sales Commissions Variable Administrative …

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows Average Cost Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense per Unit \$6.00 \$3.50 \$1.50 \$4.00 \$3.00 \$2.00 \$1.00 \$0.50 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your “per unit” answer to 2 decimal places and other answers to the nearest whole dollar amount.) Total manufacturing overhead cost Manufacturing overhead per unit

## Question: 1. 2. If The Selling Price Is \$22 Per Unit, What Is The Contribution Margin Per Unit?(do Not Round Intermediate Calculations. Round Your Answer To 2 Decimal Places.)

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units its average costs per unit are as follows: Average Cost per Unit \$6.00 \$3.50 \$1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense \$4.00 \$3.00 \$2.00 \$1.00 \$0.50 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your “per unit” answer to 2 decimal places and other answers to the nearest whole dollar amount.) Total manufacturing overhead cost Manufacturing overhead per unit

The post Question: A) The Price Of A Stock Is Expected To Be K1000.00 In One Year’s Time. There Is A 40% Probability That The Stock Will Fall To K960.00 And That It Will Rise To A Particular Price. Calculate The Price Rise In The Event Of An Increase In The Price Of The Stock. (5 Marks) B) One Year Ago, The Bank Lent Money To Two Customers To Start Their Separate And … appeared first on uniessay writers.