Lasami Abdullah FIN3403 Homework Chapter 3 Chapter 3 #1-6 & #8-11 1. Division A profit margin = Net Income/Sales = $100‚000/$2‚000‚000 = .0500 = 5% Division B profit margin = Net Income/Sales = $25‚000/$300‚000 = .0833 = 8.3% Based on the return on sales‚ Division B is superior even though they didn’t sell as much in dollars as Division A‚ their profit margin is higher. 2. Database Systems Net Income = Sales * Profit Margin = $1‚200‚000 * 0.06 = $72‚000 Return on Assets (Investment)
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Chapter 1 An Overview of Financial Management ANSWERS TO BEGINNING-OF-CHAPTER QUESTIONS 1-1 The primary goal is assumed to be shareholder wealth maximization‚ which translates to stock price maximization. That‚ in turn‚ means maximizing the PV of future free cash flows. Maximizing shareholder wealth requires that the firm produce things that customers want‚ and at the lowest cost consistent with high quality. It also means holding risk down‚ which will result in a relatively low
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1 Instructions: Answer the following questions completely to receive full credit. This assignment is to be computer generated. NO EXCPETIONS!!! Provide a cover page (all pertinent information) for ALL assignments. Make sure to CHECK SPELLING for ALL assignments. NO LATE ASSIGNMENTS WILL BE ACCEPTED. This worksheet is worth 54 points. 1. Differentiate between the afferent and the efferent arterioles. (2 points) Blood supply to the glomerulus o afferent arteriole feed the glomerular capillary
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Questions 1. The equity method should be applied if the ability to exercise significant influence over the operating and financial policies of the investee has been achieved by the investor. However‚ if actual control has been established‚ consolidating the financial information of the two companies will normally be the appropriate method for reporting the investment. 2. According to Paragraph 17 of APB Opinion 18‚ "Ability to exercise that influence may be indicated in several ways‚ such as representation
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This file of PSYCH 610 Week 8 Individual Assignment Homework Exercise consists of: 1. What is replication‚ and what role does it play in increasing the external validity or generalizability of a study? In what way is the IRB involved in using participants in a research study? 2. What are the advantages and disadvantages of using college students as participants in research studies? 3. What potential problems can arise from generalization of results to different cultures or ethnic groups? 4. What
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natural elements are known to be essential to life. Which four of these twenty-five elements make up approximately 96 percent of living matter? 7. Why is each element unique with respect to its chemical properties? Each element has a distinctive _____. 8. Knowing the atomic mass of an element allows inferences about which of the following? 9. Carbon-12 is the most common isotope of carbon and has a mass number of 12. However‚ the average atomic mass of carbon found on a periodic table is slightly more
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The sea is … a lion’s roar a shark’s restaurant a quilt of blue a surfer’s paradise The sea is … a leaking ink cartridge the eyes of a fair haired child the sound of the crashing waves a shiny blue sheet hugging the shore a blue lagoon blue nothingness God’s tears a deadly suffocating machine a mermaid’s kingdom water‚ alive a flooded land occasionally death when oil tankers spill a fish’s home white horses riding on a blue carpet a bowl of salty water
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Homework Solutions: Spilker et al. C h. 20 40. Harry and Sally formed the Evergreen partnership by contributing the following assets in exchange for a 50 percent capital and profits interest in the partnership: Harry: Cash Land Totals Basis Fair Market Value $ 30‚000 $ 30‚000 100‚000 120‚000 $ 130‚000 $ 150‚000 Sally: Equipment used in a business Totals 200‚000 $ 200‚000 150‚000 $ 150‚000 a. How much gain or loss will Harry recognize on the contribution? b. How much
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CHAPTER 12 ACCOUNTING FOR PARTNERSHIPS AND LIMITED LIABILITY COMPANIES DISCUSSION QUESTIONS 1. a. Proprietorship: Ease of formation and nontaxable entity. b. Partnership: Expanded owner expertise and capital‚ nontaxable entity‚ and moderate complexity of formation. c. Limited liability company: Limited liability to owners‚ expanded access to capital‚ nontaxable entity‚ and moderate complexity of formation. 2. The disadvantages of a partnership are that its life is limited
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