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 …

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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: $614,400 $614,400 Assigned Fund Balance Consists Of Outstanding Encumbrances. Required Prepare The Budget Entry That Was Made At January 1,2020. B. Calculate The Balance In Fund Balance-unassigned On December 31, 2019. Prepare The Required Closing Entries At Year-end D. Prepare The General Fund Statement Of Revenues, Expenditures, And Changes In Fund …

$614,400 $614,400 Assigned fund balance consists of outstanding encumbrances. Required Prepare the budget entry that was made at January 1,2020. b. Calculate the balance in fund balance-unassigned on December 31, 2019. Prepare the required closing entries at year-end d. Prepare the general fund statement of revenues, expenditures, and changes in fund balances for 2020. Prepare the general fund balance sheet at December 31, 2020. C. e P10.12 General Fund-Entries and Financial Statements Below are the July 1, 2019 balances for the general fund of Montana County. The county’s fiscal year ends June 30. LO Credit Debit Cash… Taxes receivable. Allowance for uncollectible taxes. Due from special revenue fund $120,000 22,500 $14,000 15,000 Inventories.. 7,500 Accounts payable. Fund balance-nonspendable. Fund balance-assigned.. Fund balance-unassigned 7,500 7,500 3,000 133,000 Totals $165,000 $165,000 State and Local Governments: Introduction and General Fund Transactions Montana County uses the purchases method for inventories, and the GAAP budgetary basis for encum- brances outstanding at year-end. Assigned fund balance consists of outstanding encumbrances. The begin- ning balance for taxes receivable are uncollected 2019 taxes. The following events occurred in fiscal 2020 1. Passed the 2020 budget, consisting of expected revenues from property taxes, fees and licenses of $370,500, expected state grants of $40,000, estimated expenditures of $370,000 , and expected trans fers out of $50,00o. Accrued the state grants 2. Levied property taxes of $300,000, of which 5 percent are estimated to be uncollectible. Collected $280,000 of these taxes. 3. Received $25,000 in state grants 4. Collected $10,000 in 2019 taxes; wrote off the remainder. 5. Transferred $50,000 to the special revenue fund. 6. Received $65,000 in cash for fees and licenses. 7. Received the inventories connected with purchase orders outstanding The bill was $3,200 8. Paid $8,000 to the capital projects fund, as a temporary loan. 9. Received $12,000 from the special revenue fund as partial repayment of a loan made in fiscal 2019 10. Purchased inventories of $45,000 on account. 11. Made other expenditures of $320,000 during the year. Purchase orders outstanding at year-end total $1,600 12. Total accounts payable paid in fiscal 2020 amounted to $367,000. Included are amounts related to expenditures and inventory purchases. 13. Inventories on hand at year-end total $6,000 14. Of the fiscal 2020 taxes uncollected at year-end, $8,000 are expected to be collected within 60 days. as of the end of fiscal 2019 Required Prepare entries necessary at the beginning of the year to record the budget and make any other neces- sary adjustments or accruals. b. a. Prepare entries necessary to record the events of the year and any year-end adjustments Prepare the necessary closing entries for June 30, 2020. d. C. Present, in good form, the statement of revenues, expenditures and changes in fund balances for Montana County for fiscal 2020. Include a reconciliation of beginning and ending fund balances. Present, in good form, the balance sheet for the general fund of Montana County for June 30, 2020. e. 13 Capital Asset and Debt Transactions: Modified Accrual and Full Accrual Accounting A major difference between modified accrual accounting used for the general fund and full accrual accounting

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: February 25, 2014 Performed Design Work For A Cash Fee, $3,800 Paid The Rent For March And April In Advance, $1,600. February 26, 2014 February 27, 2014 Received And Paid The Utility Bill For February, $265 February 28, 2014 Received The Telephone Bill For February, Which Will Be Paid Next Month, S195 February 28, 2014 The Corporation Declared A Cash …

Get college assignment help at uniessay writers February 25, 2014 Performed design work for a cash fee, $3,800 Paid the rent for March and April in advance, $1,600. February 26, 2014 February 27, 2014 Received and paid the utility bill for February, $265 February 28, 2014 Received the telephone bill for February, which will be paid next month, S195 February 28, 2014 The corporation declared a cash dividend of S.05 a share, to be paid in March. ADJUSTING ENTRY INFORMATION FOR FEBRUARY 1. One month’s prepaid rent has expired. 2. One month’s prepaid insurance has expired. 3. An inventory of graphic supplies reveals $750 still on hand on February 28. 4. An inventory of office supplies reveals S1.200 used during February 5. Depreciation on graphic equipment for February is $200 and depreciation on the office equipment for February is $250. 6. Graphic design work for Williams’ Art Company totaling $4,200 was completed on February 28. Payment was received in advance. 7. Anna completed the other half of the design work for Sam Jones. 8. Two weeks of wages have accrued at February 28, 2014. Anna will pay the receptionist March 3, 2014. on Graphic Design, Inc. February Transactions Received an additional investment of cash from Anna, $5,000, in exchange for 5000 shares of SL00 par value common stock. February 3, 2014 Paid the receptionist for the last two weeks of January. Review January 31 adjusting journal entry. February 3, 2014 Purchased additional office equipment with cash, S1,560. February 4, 2014 Received graphic equipment transferred to the business from Anna, S2,800. Anna was given 2800 shares of S1.00 par value February 6, 2014 common stock. February 7, 2014 Purchased additional office supplies with cash, $1,800 February 10, 2014 Dividend previously declared to Anna, the sole shareholder, paid. was February 10, 2014 Paid amount due for January’s telephone bill received in January Purchased additional graphic supplies on credit from Taylor Supply Company, S1,250. February 12, 2014 February 15, 2014 Paid the total amount due to Morgan Equipment. Paid the receptionist for the first two weeks of February. February 17, 2014 February 18, 2014 Accepted an advance fee in cash for design work to be done for Williams’ Art Company, $6,500. February 21, 2014 Purchased a copier (office equipment) from Thompson Equipment for $1,800, paid S500 in cash and agreed to pay the rest in equal payments over the next five months. February 21, 2014 Performed design work and received a cash fee, $2,860. February 24, 2014 Received full payment on account from Ward Department Stores for work performed last month. February 24, 2014 Performed design work for Mathis Department Stores and agreed to accept payment next month, $2,400 Instructions for February: 1. Analyze February’s transactions on the transaction document. 2. Journalize February’s transactions in the general journal. 3. Post February’s journal entries to the general ledger. 4. Prepare a trial balance. 5. Journalize adjusting entries for February in the general journal. 6. Post February’s adjusting entries to the general ledger. 7. Prepare an adjusted trial balance. 8. Prepare the financial statements in the proper order (Income Statement, Retained Earnings Statement, Balance Sheet) 9. Journalize the closing entries for February in the general journal. 10. Post February’s closing entries in the general ledger. 11. Prepare a post closing trial balance for February February 25, 2014 Performed design work for a cash fee, $3,800 February 26, 2014 Paid the rent for March and April in advance, S1,600. February 27, 2014 Received and paid the utility bill for February, $265 Received the telephone bill for February, which will be paid next month, S195 February 28, 2014 February 28, 2014 The corporation declared a cash dividend of S.05 a share, to be paid in March. ADJUSTING ENTRY INFORMATION FOR FEBRUARY 1. One month’s prepaid rent has expired. 2. One month’s prepaid insurance has expired. 3. An inventory of graphic supplies reveals $750 still on hand on February 28. 4. An inventory of office supplies reveals $1,200 used during February. 5. Depreciation on graphic equipment for February is $200 and depreciation on the office equipment for February is $250. 6. Graphic design work for Williams’ Art Company totaling $4,200 on February 28. Payment was received in advance. completed was 7. Anna completed the other half of the design work for Sam Jones. 8. Two weeks of wages have accrued at February 28, 2014. Anna will pay the receptionist on March 3, 2014. Graphic Design, Inc. January Transactions Anna Chase invested $20,000 in her newly formed corporation in exchange for 20,000 shares of $1 par value common stock January 2, 2014 January 3, 2014 Office space was rented and paid for in advance for January and February, S1,600 January 3, 2014 Graphic equipment was purchased with cash, S 3,600 January 6, 2014 Office equipment costing $5,000 was purchased from Morgan Equipment. Anna paid half now as the down payment and Morgan Equipment agreed to the balance being paid in February January 7, 2014 Graphic supplies costing $2,400 and office supplies costing s1,200 were purchased from Taylor Supply Company on credit. January 10, 2014 A 12 month liability insurance policy was purchased covering the period January 1, 2014 through December 31, 2014, S1,800 January 13, 2014 Anna accepted an advance payment from Sam Jones for graphic design work to be done during the months of January 2014 and February 2014, $12,750 January 13, 2014 Paid Taylor Supply Company in full for the graphic and office supplies purchased last week. January 14, 2014 Anna completed dealer by placing advertisements in the local newspaper and paid $3,600 some graphic design work for an automobile was January 20, 2014 Anna paid her receptionist $1,000 in wages for the period January 6 thru January 17, 2014 (two weeks). The workweek is Monday thru Friday (10 workdays). January 21, 2014 Anna accepted an advance payment of $4,000 to do some graphic design work for Miller’s Advertising. January 24, 2014 Anna completed the work requested by Ward Department Stores. She sent a bill to the client for $3,800 January 27, 2014 Anna received and paid the utility bill for January, S160 January 28, 2014 Anna received January’s telephone bill but will wait until February to pay it, S135 January 31, 2014 Anna’s corporation declared dividends, .10 a share, to be paid in February ADJUSTING ENTRY INFORMATION FOR JANUARY 1. One month’s prepaid rent has expired 2. One month’s prepaid insurance has expired 3. An inventory of graphic supplies reveals S600 still on hand on January 31 4. An inventory of office supplies reveals $400 used during January 5. Depreciation on graphic equipment for January is S100 and depreciation office equipment for January is $150 on the 6. Graphic design work for Miller’s Advertising, totaling $1,600, was January 31. Anna received payment in advance. completed on 7. Anna completed half the work for Sam Jones by the end of January. Anna received payment in advance. 8. Anna owes her receptionist $1,000 in wages for the period January 20 thru January 31 (10 workdays). Anna will pay her receptionist on February 3, 2014.

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.

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