FIN-516 WEEK 1 – HOMEWORK ASSIGNMENT Problem Based on Chapter 14‚ Residual Dividends Middlesex Plastics Manufacturing had 2011 Net Income of $15.0 Million. Its 2012 Net Income is forecast to increase by 8%. The company’s capital structure has been 35% Debt and 65% Equity since 2010‚ and the company plans to maintain this capital structure in 2012. The company paid $3.0 Million cash dividends in 2011. The company is planning to invest in a major capital project in 2012. The capital budget
Premium Dividend Finance Investment
CLICK TO DOWNLOAD MAT 540 Week 4 Homework Chapter 15 problems 2. The manager of the Carpet City outlet needs to make an accurate forecast of the demand for SoftShag carpet (its biggest seller).If the manager does not order enough carpet from the carpet mill‚customers will buy their carpet from one of Carpet City’s many competitors. The manager has collected the following demand data for the past 8 months: Month Demand for Soft Shag Carpet (1‚000 yd.) 1 8 2 12 3 7 4 9
Premium Regression analysis Linear regression Average
Week 1 Homework Acctg 557 Problem 1: PAT’S ELECTRONIC DIVISION: (a) Point of Sale: Completion-of-production: Percentage-of-completion Installment-Sales (b) PAT’S ELECTRONIC DIVISION Billed and Shipped Down Payments Freight Billed Commissions ($2‚400‚000 x 10%) Warranty Returns ($3‚000‚000 x 1%) Revenue for 2012 PICKLE CONSTRUCTION: Percent complete as of 12/31/12 (5/24) 5 months of 24 months complete Total expected revenue ($60‚000‚000-$52‚000‚000) Cost to date Revenue ($8‚000‚000 x 21%) GAAP? Yes
Premium Cost of goods sold Generally Accepted Accounting Principles Revenue
To: President of LJB Company‚ Thank you for selecting our firm to provide your company with an evaluation of your organizations internal control system. Internal control systems are vital in securing your organizations assets‚ it will limit the risk of fraud as well as misuse of your assets. Comprehending how to separate duties among your employees will aid in improving transparency as well as keep your company financially strong. Before the company decides to go public it is important to know
Premium Internal control
RTI Model Holly Mills MTE/562 Ray Gless May 4‚ 2015 RTI Model Jasmine Keller is a fourth grade student who has been monitored and reported as a student at-risk. Jasmine has a‚ “weak short-term memory that affects her involvement and progress in the general education curriculum in the areas of reading decoding‚ reading fluency‚ reading comprehension‚ spelling‚ and math calculations. Her reading level is at second grade. Broken down word recognition is at an equivalent of grade 1.7‚ and
Premium Education Curriculum Assessment
storage space for raw material. Required: 1. Compute each of the following costs for the year just ended: (a) Total prime costs‚ (b) Total manufacturing overhead costs‚ (c) Total conversion costs‚ (d) Total product costs‚ (e) Total period costs. 2. One of the costs listed above is an opportunity cost. Identify this cost‚ and explain why it is an opportunity cost. SOLUTION 1. a. Total prime costs: Direct material................................................................................
Premium Costs Employee benefit Wage
strument-valuation-securitization/financial-accounting-reporting/ipo-spotlight/index.htm Kimmel. Financial Accounting. 6. VitalSource Bookshelf. John Wiley & Sons‚ ‚ Tuesday‚ November 27‚ 2012. http://devry.vitalsource.com/books/9781118233634/id/B7-2 [pic]
Premium Internal control Sarbanes–Oxley Act
MAT 540 Week 6 Homework Complete the following problems from Chapter 2: 1. Problems 2‚ 6‚ 7‚ 12‚ 16‚ 20 2. Chapter 2 2. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours‚ and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1‚ while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit‚ and the profit for product 2 is $4
Premium Optimization Linear programming Operations research
Accounting 504 Case Study 2 Keller Graduate School of Management Prepared by: Samara Ellison Prepared for: Professor Hicks 3 April 2013 To: LJB Company President From: Samara Ellison‚ Accounting Firm Subject: Evaluation of LJB Company’s Internal Control Structures Date: 3 April 2013 Hello LJB Company President: First‚ I would like to thank you for hiring my accounting firm to evaluate LJB’s internal controls system. This report will inform you of any new internal control requirements
Premium Internal control
Managerial Finance. FI515 Homework Week 6 Problems (p. 503) 12-1 AFN Equation Baxter Video Products’s sales are expected to increase by 20% from $5 million in 2010 to $6 million in 2011. Its assets totaled $3 million at the end of 2010. Baxter is already at full capacity‚ so its assets must grow at the same rate as projected sales. At the end of 2010‚ current liabilities were $1 million‚ consisting of $250‚000 of accounts payable‚ $500‚000 of notes payable‚ and $250‚000 of accruals. The
Premium Free cash flow Weighted average cost of capital Cash flow