1. (TCO A) On July 1, 2010, an interest payment date, $60,000 of Parks Co. bonds were converted into 1,200 shares of Parks Co. common stock, each having a par value of $45 and a market value of $54. There is $2,400 unamortized discount on the bonds. Using the book value method, Parks would record (Points : 4) no change in paid-in capital in excess of par. a $3,600 increase in paid-in capital in excess of par.
| Math 103 Final Project – Parts 1, 2, and 3 | | | Math 103 Instructor: Toni Robertson December 11, 2010 Math 103 Instructor: Toni Robertson December 11, 2010 Part 1: 1a. What is the shortest loan (36 months, 48 months, 60 months or 72 months) that has a monthly payment within your $500 budget that will allow you to buy the $15,000 car? Answer: Through Bank of America, I found a rate of 2.99% for the 36, 48 and 60 month loans. We are able to put down 20% and will need to finance $12,000. The shortest loan period for the $15,000 car that would be under our $500 limit is the 36 month loan at a rate of $348.93 per month.
The card has an Interest rate of 15.99% p.a. on purchase but Stgeorge offer an Interest free period Up to 55 days interest free on purchases. But has high fees for internet banking and lost or damaged cards. A few of the complimentary insurances this credit card has is Complimentary overseas travel insurance cover which allows you to Protect you and your family for trips up to 3 months when you pay for your return tickets prior to leaving Australia using your Gold Card. Unlimited medical expenses cover Up to $10,000 per person for loss or damage to personal items.
Their top quality toys were very popular and that is why the company was among top 10 companies in the U.S. 2. How did it change beginning in the 1960 and going forward? Toy industry in the United States has changed very rapidly at the beginning of the 1960’s. Television and radio advertising became more popular bringing new products that were much cheaper and lesser quality than the A.C. Gilbert’s products. Toy stores were more interested in the low price products than a high quality products which made A.C. Gilbert company to lose their competitive advantage.
Tutorial 4 – 6th Feb 2013 Topic – Consumer Credit Problem Questions - Consumer Credit 1. A few years ago, Michael Tucker purchased a home for $100,000. Today, the home is worth $150,000. His remaining mortgage balance is $50,000. Assuming that Michael can borrow up to 80 percent of the market value, what is the maximum amount he can borrow?
80% of market value ($150,000×80%) $120,000 (-) outstanding mortgage loan $ 50,000 $ 70,000 ∴ Maximum home equity loan Michael can borrow is $ 70,000. Question 2 Louise McIntyre’s monthly gross income is $2,000. Her employer withholds $400 in federal, state and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for Visa, MasterCard and Discover cards are $35, $30 and $20 respectively.
Other exhibits included “We the People,” depicting the immigrant experience at Ellis Island and “Enterprise,” a factory town featuring a high-speed thrill attraction called the “Industrial Revolution.” Disney officials predominantly sold the park on its economic benefits to the local area, stating that the park would directly generate about 3,000 permanent jobs11 along with 16,000 jobs indirectly.12 Around the park the company would develop resort hotels, an RV park, a 27-hole public golf course, a commercial complex with retail and office space, and 2,300 homes.13 Disney projected $169 million in tax revenues for the first ten years after the park opened in 1998, and nearly $2 billion over its first 30 years.14 In addition, Disney would donate land for schools and a library, and reserve up to 40 percent green space as a buffer around the core recreational area. 3. As he told a Washington Post reporter, “This is the one idea I’ve heard that is, in corporate locker room talk, what’s known as a no-brainer.”2 The idea of building an American history theme park originated in 1991 when Eisner and other Disney executives attended a meeting at Colonial Williamsburg in southeastern Virginia. 4. On November 10, the Washington Post ran the first full news story headlined “Disney Plans Theme Park Here; Haymarket, VA: Project
They have countless rides that can count as a signature roller coaster while Disneyland has only Space Mountain or California’s Screamin’ to compensate. After a while, the teens such as us will usually get bored of such rides or can’t even ride them again without waiting for 2 hours. The hours and price are also a major factor, Magic Mountain Costs only about 50$ and opens at 10:30AM and closes at 10 PM while Disneyland cost about 70$ and opens at 10AM and closes at 8PM so you also get more thrill time,However Disneyland is open all year round while Magic Mountain Opens during spring and close during winter. So overall it basically comes down to the question: do you like roller coasters, speed, and thrill? Or do you like traditional themes, and walk through attractions?
The threat of new entrants into this industry is extremely high due to the low amount of capital needed to enter into the industry as compared to others. It allows companies such as Apple and Amazon, whose existing focus was not on the movie rental industry, to utilize their existing customer base and generate profits without a large initial investment. Due to the high number of competitors as well as the different forms of delivery, such as instant online delivery and mail delivery, there is a high amount of substitute providers for this service. The bargaining power of the movie-rental industry against suppliers is increasing especially in recent years. The reason for the increased control is that DVD sales are declining on the average, meaning that the main form of delivery that consumers are taking advantage of is online-streaming.
“Rent is too high,” he said. “We don’t have a choice to go some other place.” The Walt Disney Company was one of the best-known media and entertainment companies in the world. In Anaheim, the company operated the original Disneyland theme park, the newer California Adventure, three hotels, and the Downtown Disney shopping district. The California resort complex attracted 24 million visitors a year. The company as a whole earned more than $35 billion in 2007, about $11 billion of which came from its parks and resorts around the world, including those in California.