Financial and Management Accounting-2 ASSIGNMENT Marks: 10 Question: Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM‚ Inc.‚ has been experiencing difficulty for some time. The company’s contribution format income statement for the most recent month is given below: Sales (19‚500 units*$30 per unit) $585‚000 Variable expenses 409‚500 Contribution margin 175‚500 Fixed expenses 180‚000 Net operating
Premium Variable cost Management accounting Net income
APPLIED FINANCIAL MANAGEMENT TUTORIAL SOLUTIONS Question 1 (a) Define expropriation The taking of foreign property‚ with or without compensation‚ by a government. (b ) When expropriation does occur – how can a company respond? Broadly the company can offer to allow more local involvement in the project‚ offer to support the local government (legal issues?)‚ work in political opposition to the local government‚ try to use local (due to sovereign immunity) legal solutions‚ lobby the firm’s
Premium Net present value
Maybank is well known as the largest bank and financial group in Malaysia‚ with significant banking operations in Singapore‚ Indonesia and the Philippines. This bank also has large interests in Islamic banking throughout Maybank Islamic Berhad and insurance via its Etiqa subsidiary. As it moves into its six decade‚ Maybank Group already show it commitment and changes in order to become the financial service leader in Malaysia. From its incorporated on 13th May 1960‚ Maybank starting its operation
Premium Bank Kuala Lumpur Malaysia
1. 2. Introduction of blood bank management system Blood banks collect‚ store‚ and provide blood. Typically‚ these banks collect blood from voluntary blood donors. The banks then sort blood by type‚ check blood to make sure it is free of disease and then store it for future use. The main mission of a blood bank is to provide life-saving blood to hospitals and other health care facilities. Blood cannot be created by any means‚ it can only be collected from the Humans i.e. donors. Recruitment of
Premium Blood Blood donation Blood bank
money Supply of money is affected by amount deposited in banks and the amount that the bank’s loan. There also the aspect of money multiplier which is the reciprocal reserve ratio Money multiplier= 1/required reserve ratio. The multiplier process The public Excess reserves leakage into Required reserves New bank deposit leaks into required reserves. The excess reserves used
Free Money Economics
TUTORIAL WEEK 13 – MANAGEMENT OF ACCOUNT RECEIVABLES & INVENTORY MANAGEMENT PART A: MULTIPLE CHOICES QUESTION 1. The conditions under which a firm sells its goods and services for cash or credit are called the: a) terms of sale. b) credit analysis. c) collection policy. d) payables policy. 2. The basic factors to be evaluated in the credit evaluation process‚ the five Cs of credit‚ are: a) conditions‚ character‚ capital‚ control‚ and capacity b) capital‚ collateral
Premium Inventory Working capital
True/False Questions 1. The standard deviation of any normal random variable is always equal to one. Answer: False Type: Concept Difficulty: Easy 2. For any normal random variable‚ the probability that the random variable will equal one is always zero. Answer: True Type: Concept Difficulty: Medium 3. The graph of a standard normal random variable is always symmetric. Answer: True Type: Concept Difficulty: Easy 4. The formula will convert any normal
Premium Normal distribution Standard deviation Probability theory
STRATEGIC FINANCIAL MANAGEMENT REVISION 1. Selling Currency Call Options. Mike Suerth sold a call option on Canadian dollars for $.01 per unit. The strike price was $.76‚ and the spot rate at the time the option was exercised was $.82. Assume Mike did not obtain Canadian dollars until the option was exercised. Also assume that there are 50‚000 units in a Canadian dollar option. What was Mike’s net profit on the call option? ANSWER: Premium received per unit = $.01 Amount per unit
Premium United States dollar Futures contract Option
Financial Management Final Exam 3/2/2013 Q1. Calculating NOPAT: NOPAT = Operating Income (EBIT) x (1 – Tax) Operating Income (EBIT) = 700 Tax = 0.35 NOPAT = 700 x (1 – 0.35) = $455.00 Q2. Income Statement: Income Statement (EUR) Sales 15‚000 Operating cost 7‚500 Depreciation 1‚200 Amortization 0 Bonds 6‚500 Bonds interest 6.25% Tax rate (income) 35% EBIT = Sales – Operating cost – Depreciation – Amortization EBIT = 15‚000 – 7‚500 – 1‚200 – 0 EBIT = EUR 6
Premium Stock Generally Accepted Accounting Principles Balance sheet
Take Test: Final Exam Content Top of Form Assistive Technology Tips [opens in new window] Instructions Timed Test This test has a time limit of 2 hours.This test will save and submit automatically when the time expires. Warnings appear when half the time‚ 5 minutes‚ 1 minute‚ and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Remaining Time: 1 hour‚ 05 minutes‚ 46 seconds. Question Completion Status: Question 1 1. All of the following are examples
Premium Leadership Management