SciTronics had a total of $ 102,000 (75,000 + 27,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) $ 16,120 (avg. tax rate = 38%) during 2008. Its return on capital was 15.8% in 2008 which represented an increase from the 8.7% earned in 2005. 4. SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008.
(TCO A) On March 1, 2010, Ruiz Corporation issued $800,000 of 8% nonconvertible bonds at 104, which are due on February 28, 2030. In addition, each $1,000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase for $50 one share of Ruiz common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2010, the fair market value of Ruiz's common stock was $40 per share and the fair market value of the warrants was $2.00. What amount should Ruiz record on March 1, 2010 as paid-in capital from stock warrants?
From 285.4 million to 297 million. During this year Labatt Genuine Draft percent of dollars sold went up by 152.63 percent. Released in 2011 only in the east. In 2012 released to central and west. Labatt Drys sales decreased in 2009 to 2011 by 37% of dollars sold.
As of the end of the fiscal year, June 30, 2012, a determination has been made that the fair value of the stocks held by the pension plan had decreased by $ 60,000; the fair value of bonds had increased by $35,000. Temporary accounts for the year were
• Prepaid expenses increased $150,000 during the year. • Accounts payable to suppliers of merchandise decreased $340,000 during the year. • Accrued expenses payable decreased $100,000 during the year. • Operating expenses include depreciation expense of $70,000. Instructions Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2015, for Whitlock Company, using the indirect method.
Research Proposal Paper STR/581 – Strategic Planning & Implementation Research Proposal Home Depot core values are to take care of the people, give back to the community, do the right things, and provide excellent customer service, create shareholders value, respect, entrepreneurial spirit, and to build strong relationships with customers, associates communities, and vendors. These values are in line with my proposal and will strongly remain unchanged but I will recommend. A possible solution for addressing and fulfilling the organization’s mission is to make exceptions instead of following the rules. Home retail improvement products and services in the future will gain efficiencies from procurement, distribution, outsource and
Strategic Initiative Paper FIN/370 February 19, 2012 Strategic Initiative Paper Strategic and financial planning is an important part of Wal-Mart Stores Inc.’s success. Wal-Mart constantly plans strategic initiatives to make the business the best in the industry. Wal-Mart’s three basic beliefs are respect for individuals, service to their customers, and to strive for excellence. These beliefs have instilled a strong company culture that is always able to implement those strategic plans through cohesive team work and unity. This paper provides information describing the relationship between strategic and financial planning for this organization.
A company offers a starting yearly salary of $33,000 with a raise of $2,500 per year. Find the total salary over a 10-year period. an = a1 + (n - 1)*d, [where n = 10 years; a1 = $33,000; d = $2,500] a10 = 33,000 + (10 - 1) * 2,500 a10 = 33,000 + (9) * 2500 a10 = 33,000 + 22,500 a10 = 55,500 The total salary over a 10-year period will be $55,500. 7. Suppose you have $1 the first day of a month, $5 the second day, $25 the third day, and so on.
The foundation of pride, honesty, and integrity creates loyal customers, vendors, and employees. Associates who follow Macy’s ethics are an important asset to Macy’s success. Organizations must maintain a code of ethics and adhere to them to make customers, shareholders, vendors, and employees happy, and loyal. References: Macy's Inc. (2014, November). Retrieved from Policies and Positions: http://macysinc.com/about-us/policies-positions/overview/default.aspx Manias, N. M. (2013).
For the year 2008, revenues coming from North America accounted for eight billion and ninety million US dollars, which represent 55.2% of the total revenues of the company. Sales in Europe accounted for five billion four hundred and forty three million US dollars, which represent 37.2% of total global sales. Cumulative sales coming from other regions are totaling one billion one hundred and thirteen million US dollars, or 7.6 % of total sales. Carnival carries around eight million passengers annually, which makes it the biggest cruise company in the world. Each year approximately 10 million people in North America make cruise vacations (around 9.5 million in the U.S. and 700,000 in Canada).