------------------------------------------------- - 1 of 7 ACST201.A1.001 A $100,000 Bank Bill will mature at the end of 133 days. Find its price, to the nearest cent, assuming: a)9% pa simple interest and a 365 day year. Price = $ b)9% pa simple discount and a 365 day year. Price = $ c)9% pa simple interest and a 360 day year. Price = $ d)9% pa simple discount and a 360 day year.
* Question 1 Your answer is correct. The following defined pension data of Rydell Corp. apply to the year 2012. Projected benefit obligation, 1/1/12 (before amendment) $566,400 Plan assets, 1/1/12 545,900 Pension liability 20,500 On January 1, 2012, Rydell Corp., through plan amendment, grants prior service benefits having a present value of 121,900 Settlement rate 9 % Service cost 58,500 Contributions (funding) 66,900 Actual (expected) return on plan assets 60,300 Benefits paid to retirees 40,200 Prior service cost amortization for 2012 20,800 For 2012, prepare a pension worksheet for Rydell Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts.
To forecast 2010 sales based on 2009 sales, Equation 1 must be used: St = $500,000 + $1.10St–1 S2010 = $500,000 + $1.10($1,500,000) = $2,150,000 3. Equation 2 requires a forecast of gross domestic product. Equation 3 uses the actual gross domestic product for the past year and, therefore, is observable. 4. Advantages: Using the highest R2, the lowest
3.42 times | CH8 AP8-3A CORRECT | Presented below is an aging schedule for Zillmann Company. | | | ------------------------------------------------- Number of Days Past Due | ------------------------------------------------- Customer | ------------------------------------------------- Total | ------------------------------------------------- Not Yet Due | ------------------------------------------------- 1-30 | ------------------------------------------------- 31-60 | ------------------------------------------------- 61-90 | ------------------------------------------------- Over 90 | Arndt | $22,400 | | | | $10,600 | | $11,800 | | | | | | Blair | 37,300 | | $37,300 | | | | | | | | | | Chase | 57,300 | | 14,500 | | 6,500 | | | | $36,300 | | | | Drea | 35,300 | | | | | | | | | | $35,300 | | Others | ------------------------------------------------- 137,300 | |
salaries and benefits 2008- 214129 2009- 220752 cash diff- 6623 % diff- 3.1% (.03092995...) supplies 2008- 71,346 2009-74584 cash diff- 3238 %diff-4.5% (0.453844...) physician and profess fees 2008- 107065 2009- 110376 cash diff-3311 %diff- 4.6% (.046440...) ultities 2008- 1164 2009-1200 cash diff- 36 %diff- 3.1% (.03092...) other 2008- 1785 2009- 1840 diff- 55 %diff- 3%(,03081...) deprecation 2008- 24955 2009- 36036 diff- 11081 %- 44%(.44403..) intrest 2008- 3597 2009- 3708 diff- 111 %- 3%(.030850..) provision 2008- 13383 2009- 13797 diff- 414 %- 3.1%(.03093..) total expenses 2008- 437424 2009- 462293 diff-24869 %- 5.7% (.056853..) operating income 2008- (-16,110) 2009- 689 cash diff- (-15421) %diff- 95% (.9572...) * Even though my cash difference shows a negative number I did not put in red on the worksheet because the hospital had more money in 2009 compared to 2008 non operating come both years blank investment income 2008- 264 2009- (-62) diff -326 %diff -123% (-1.2348...) * On my sheet I put the % in the red to show a lost since the hospital ended up with less money in 2009 compared to 2008 net income 2008 (-15846) 2009- 627 cash diff- 16473 %diff-
Week 7 Activity – Annual Profit: Submitted by: Stephanie Gambill and Kenneth Evans Submitted: December 11, 2011 Week 7 Activity – Annual Profit: Submitted by: Stephanie Gambill and Kenneth Evans Submitted: December 11, 2011 ------------------------------------------------- TCO #6 – Given a simple business problem with data stored in a file, design, code, and test a solution algorithm that reads input from the file and writes output to a file. ------------------------------------------------- TCO #8– Given a business problem, develop a solution algorithm for a menu-driven program. ------------------------------------------------- TCO #9 – Given a program with logic errors that is intended as a solution to a simple business
Retrieved from EBSCOhost. McNamara, Carter MBA, Ph.D. (2008). How Nonprofits Differ From For-Profits-and How They Are the Same. Authenticity Consulting. Retrieved January 16, 2011 from http://managementhelp.org/boards/boards.htm#anchor98036.
Income Statement figures for the most recent fiscal year Cost of goods sold Amount | Percentage of total revenue | $47,860,000,000 | 68.50% ($47,860,000,000/$69,865,000,000) | Reference: Consolidated Statements of Operations, Form 10-K, Page 31. Reference: Footnote 3 - Cost of Sales and Selling, General and Administrative Expenses, Form 10-K, Page 35. Reference: Footnote 11 –Inventory, Form 10-K, Page 42. Gross profit Amount | Percentage of total revenue | $22,005,000,000 ($69,865,000,000 - $47,860,000,000) | 31.50% ($22,005,000,000/$69,865,000,000)
J.C.Penny Financial Evaluation, [2012] Contributors: Sherri Montgomery Table of Contents Executive Summary ----------------------------------------------------------------------------------------------------------------------- 3 Company Overview----------------------------------------------------------------------------------------------------------------------- 4 Forms, Activiites and Statements------------------------------------------------------------------------------------------------------ 4 Financial Ratios----------------------------------------------------------------------------------------------------------------------------- 5 Profitiability, Liquidity and Solvency
Retreived from:http://money.cnn.com/2007/01/03/news/companies/home_depot/index.htmMcNamara, C. (2007). Management Function of Coordinating / Controlling: Overview of Basic Methods. Retrieved from:http://www.managementhelp.org/cntrllng/cntrllng.htm8 ------------------------------------------------- Problem MCS design that would put home depot back to growth and profitability POV Business consultant for Blake Framework: * Management and leadership style Nardelli * Chosen by co-founders Marcus and Arthur Blank to bring scale and organization to Home Depot No experience in retail Came from GE – a culture of cost cutting and efficiency Emphasis on data & processes rather than people and services Blake * Lawyer by training Not rally-the-troops type Lacked experience but first move as CEO was to seek advice from the founders * Strategy Nardelli * Shifted from retail and expanded into contracting and building supply resulted to improved financial performance Focus on operational efficiencies and savings at the expense of customer satisfaction Dirty stores, rude and fewer employees Made little effort to restore customer