Homework 1 1. CORRECT You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker‚ and the trade occurred on the NYSE. This is an example of D. Secondary market transaction 2. CORRECT Which of the following statements is CORRECT? E. Capital market instruments include both long-term debt and common stocks 3. Talbot Enterprises recently reported an EBITDA of $9.0 million and net income of $2.7 million. It had $3.24 million of interest expense‚ and its corporate
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Fahrenheit 451 Essay When you read a book do you visualize the movie in your head? When books are turned into movies most the time the author’s message is ruined‚ and the integrity of the novel. When someone writes a novel they write it from their point of view‚ their vision‚ it’s their story. But when a director hears‚ or reads the book they see it differently and from their point of view. Novels become a different novel when turned into a Hollywood movie because no one visualizes the same characters
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Nicola Elvy Week Five Questions Chapter 11 (#1‚ 11‚ 12) 1. Why do we use the overall cost of capital for investment decisions even when only one source of capital will be used (e.g.‚ debt)? One may think that an investment financed with a low-cost debt facility is adequate on paper but in the long run that very use of that debt can be the cause of an increase the general risk of the firm and in turn will make any future financing more costly. Every project should be scrutinized to
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customers. B) both creditors and customers. C) neither creditors nor customers. D) creditors. 3. A purchase of store supplies on account is recorded as a debit to the Purchases account and a credit to the Accounts Payable account. A) True B) False 4. A subsidiary ledger containing only creditors’ accounts is called the accounts payable ledger. A) True B) False 5. Fast Lane Automotive received merchandise that had an invoice value of $6‚500. The journal entry to record the receipt of these goods
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Sandra Wilson Week 2 Discussion 1 Dreams Do Come True Imagine that you have decided you need a new car‚ but not any car will do; you have decided to purchase the car of your dreams. Conduct some research as to the cost of this car. You have determined in this imagined scenario that you could afford to make a 10% down payment. You can borrow the balance either from your local bank using a four-year loan or from the dealership’s finance company. If you purchase from your dealership’s finance
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IS3110 Business Continuity Planning Week 4 Assignment Tyrone Pendarvis The scenario I am proposing to test the BCP for the company is a hacker scenario. A hacker attempts to break into the network and access delicate information that shouldn’t be accessible by anyone outside of the company. The combination of business and IT transformation‚ compliance and governance demands and the onslaught of security threats continues to make the job of safeguarding data assets a serious challenge for organizations
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MKTG308 CUSTOMER RELATIONSHIP MANAGEMENT TUTORIAL 3 - CONSUMER BEHAVIOUR 2 WEEK 4 (Week Commencing Monday 18th March) Discussion Topic/Questions: All students should formulate a written response to these discussion questions although submission of these question answers is not required. Consider the following article: ------------------------------------------------- NAB and CBA trump rivals in Satisfaction ------------------------------------------------- Date: December 17‚ 2012 -------------------------------------------------
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and the market. c) Calculate the expected return and standard deviation of return for a portfolio that consists of ½ Big and ½ Small. d) Calculate the expected return and standard deviation of return for a portfolio that consists of 3/4 Big and 1/4 Small.
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months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan painted on new delivery truck. 6. Paid $8‚000 for installation of new factory machinery. 7. Paid $900 for one-year accident insurance
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Allowance for Doubtful Accounts via an adjusting entry at the end of each period. 3. Allowance for Doubtful Accounts are actually debited and credited to accounts receivable at the time the specific account is written off as uncollectible. Question #4 4. Lauren Anderson cannot understand why the cash realizable value does not decrease when an uncollectible account is written off under the allowance method. Clarify this point for Lauren. Cash realizable value does not change or decrease due to the
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