Discussion Questions Week 4 Chapter 8 question 6. A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects‚ even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time. Using the NPV to determine which projects to undertake leads to greater risk over time because best case scenario you can estimate
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Running head: BEGINNING THE AUDIT REPORT � PAGE �1� BEGINNING THE AUDIT REPORT � PAGE �10� BEGINNING THE AUDIT REPORT ROSA BERNAL ACC/546 November 01‚ 2014 Thomas House Beginning the Audit Report To: Directors of Apollo Shoes. I would like to thank you for vesting your company and trust in our firm to be your auditors. In this letter an explanation of the general terms and the process of our audit will be defined. This is only an educational purpose letter and is not an agreement. THE
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recorded account payable. b. Mr A‚ one owner of the company withdrew $ 100 to pay to company X for his personal use. c. On December 3‚ the Matador Company paid $5‚400 cash in salaries to office personnel. d. On February 5‚ Textron Stores purchased a van that cost $35‚000‚ but not paid to the supplier. e. Company X bought $ 5000 inventories by cash. 3. Flora Accounting Services completed these transactions in February: a. Purchased office supplies on account‚ $300. b. Completed work for a client
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Individual Exercise 3 (10 points) 1. A shoe manufacturer’s data show that the distribution of shoe size is normal with a mean of 11inches and SD 1.5 inches. * A manger of the company claims that 70% of the times shoe size will be between 8 and 12 inches. What do you think? In your deliverables‚ write a few lines about what you think of the manager’s claim and what would you advise him to do. (1 point) * How would you modify the manager’s claim if the distribution of shoe size was not
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policies by determining if an applicant is eligible for insurance coverage. A. Task Dimension: Analysis KSAOs Importance to Tasks (1-5 Rating) 1. Knowledge of underwriting operations. 4.9 2. Knowledge of underwriting and state-specific practices. 4.1 3. Ability to match policy rating with office guidelines. 4.0 4. Ability to read and interpret laws and guidelines. 5.0 5. Skill in determining acceptable and non-acceptable risks. 5.0 6. Ability to interpret and implement loss-control guidelines. 4.4
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Part 1 of 3 - 100.0/ 100.0 Points Question 1 of 16 10.0/ 10.0 Points Demand is price inelastic if: A.the price of the good responds slightly to a quantity change. B.the demand curve shifts very little when a demand shifter changes. Correct C.the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price. D.all of the above are true. Answer Key: C Question 2 of 16 10.0/ 10.0 Points If the absolute value of price elasticity
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assuming they are classified as available-for-sale. (e) Prepare the journal entry(ies) related to the available-for-sale bonds for 2013. (f) Prepare the journal entry(ies) related to the available-for-sale bonds for 2015. P17-3. (Available-for-Sale Investments) 2 3 Cardinal Paz Corp. carries an account in its general ledger called Investments‚ which contained debits for investment purchases‚ and no credits‚ with the following descriptions. Feb. 1‚ 2014 Sharapova Company common stock‚ $100
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go to this address to get the solution: http://homeworkfox.com/tutorials/business/505/acc-422-week-2-wileyplus-assignment-exercises/ ACC 422 Week 2 WileyPlus Assignment - Exercises Business - Accounting ACC422 Week 2 E7-2 E7-8 E8-5 E8-14 P7-1 E8-25 E7-2 (Determine Cash Balance) Presented below are a number of independent situations. Instructions For each individual situation‚ determine the amount that should be reported as cash. If the item(s) is not reported as cash‚ explain the
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regarding status systems? • Anything can have status value if others in the group evaluate it that way. 2. The ________ stage in the group development process is complete when members begin to think of themselves as part of a group. • Forming 3. Conflicts can be resolved by withdrawing from them or suppressing them. This conflict-management technique is known as ________. • Avoiding 4. Which of the following will help in making communities of practice successful? • Having clear accountability
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4751% C = 10% ($100) Price = $850 YTM = solve PMT = 100 i = solve Yield to Maturity = 12.48% 5-6 Maturity Risk Premium The real risk-free rate is 3%‚ and inflation is expected to be 3% for the next 2 years. A 2-year Treasury security yields 6.3%. What is the maturity risk premium for the 2-year security? r = r* +IP+DRP+LP+MRP 6.2=%3% + 3% + 0 + 0 + MRP 5-7 Bond Valuation with Semi-Annual Payments Renfro Rentals has issued bonds that have a 10% coupon rate‚ payable semiannually. The bonds
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